Morgan Stanley has downgraded Fiserv Inc (FI) to Equal-Weight from Overweight, reflecting a shift in sentiment towards the company's outlook. The action, taken on October 29, 2025, comes as Fiserv faces potential challenges from competitive pressures and market conditions that may affect its performance.
Headquartered in Milwaukee, Wisconsin, Fiserv engages in providing financial services technology. The company employs approximately 38,000 full-time staff and operates through two primary segments: Merchant Solutions and Financial Solutions. The Merchant segment offers a range of commerce-enabling products, including mobile payment services and fraud protection solutions, while the Financial segment delivers products to financial institutions and clients across various sectors.
Currently, Fiserv's shares are priced at $63.80, with a market capitalisation of $34.0 billion. The company's price-to-earnings ratio stands at 9.44, and its earnings per share is reported at 6.47. Upcoming earnings reports are scheduled for July 20, 2026, and April 21, 2026, with estimated EPS of $2.96 and $1.83, respectively.
Analyst consensus indicates a mixed outlook, with 7 Strong Buy, 14 Buy, 22 Hold, 1 Sell, and no Strong Sell ratings among 44 analysts. Notably, recent actions include downgrades from Goldman Sachs and Keybanc, alongside several maintain ratings from other firms.
This update provides insight into how analyst ratings can evolve in response to changing market dynamics and company performance metrics.