Fiserv now expects 2026 organic revenue growth of (1%) to 0%
Company sees 2026 adjusted EPS between $7.20 and $7.40
Fiserv says growth in volumes and recurring revenue support business performance
What drove the decline
Segment declines - Organic revenue fell 5% in Q2, with a 1% decline in Merchant Solutions and 8% decline in Financial Solutions
Transformation expenses - GAAP earnings and margins were impacted by transformation-related expenses from the One Fiserv action plan
Analyst view and valuation
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 26 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for Fiserv Inc is $64.00, about 18.3% above its August 5 closing price of $54.11
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago