Wolfe Research has downgraded Fiserv Inc (FI) to Peer Perform from Outperform, a move that underscores growing caution regarding the company's outlook. This revision may reflect concerns about competitive pressures, market conditions, or execution risks that could impact Fiserv's performance.
Headquartered in Milwaukee, Wisconsin, Fiserv provides financial services technology and employs approximately 38,000 full-time staff. Its operations are divided into two segments: Merchant Solutions and Financial Solutions. The Merchant segment offers a range of commerce-enabling products and services, including mobile payment services and fraud protection solutions, while the Financial segment caters to financial institutions and corporate clients, facilitating digital payments and card transactions.
As of the downgrade on October 28, 2025, Fiserv's stock is trading at $63.80, with a market capitalization of $34.0 billion and a trailing P/E ratio of 9.44. The company recently reported an EPS of $2.04 for Q3 2025, falling short of the estimated $2.72, marking a 25% surprise.
Analyst ratings, while valuable, represent professional opinions based on research and financial models. They should be considered among multiple factors influencing investment decisions, including company fundamentals and industry trends. Notably, analyst ratings are subject to change as new information becomes available, and differing opinions can emerge among analysts regarding the same company.