BTIG has downgraded Fiserv Inc (FI) to Neutral from Buy, reflecting a shift in sentiment regarding the company's outlook. The action, taken on October 28, 2025, comes as Fiserv's stock trades at $63.80.
This downgrade underscores growing concerns about competitive pressures and potential execution risks that may affect Fiserv's performance. The company, headquartered in Milwaukee, Wisconsin, provides financial services technology and employs approximately 38,000 full-time workers. Fiserv operates through two main segments: Merchant Solutions and Financial Solutions, offering a range of products including digital payments and merchant acquiring services.
As of November 1, 2025, analyst consensus for Fiserv includes 7 Strong Buy, 14 Buy, 22 Hold, 1 Sell, and 0 Strong Sell ratings. The consensus remains a Buy, indicating that while caution is advised, many analysts still see potential in the company.
Upcoming earnings are scheduled for July 20, 2026, with an estimated EPS of $2.96 and revenue of $5.8 billion, following a less favorable recent performance in Q3 2025, where EPS came in at $2.04, falling short of estimates by 25%. Analysts emphasize that ratings and price targets are based on research and financial models, which should be considered alongside company fundamentals and market conditions when making investment decisions.