Fiserv Q4 Revenue Hits $5.28B, Analysts Cut Price Targets to $64-$72
Fiserv reported Q4 revenue of $5.284B beating consensus $4.9B, prompting UBS to lower its price target to $70 from $75 and maintain a Neutral rating. Morgan Stanley cut its target to $64 from $81 and B. Riley trimmed to $72 from $76 after noting flat organic revenue and ahead-of-Street EPS.
1. UBS Lowers Price Target
On February 11, UBS trimmed its price target on Fiserv to $70 from $75 and maintained a Neutral rating, citing updated post-Q4 model projections.
2. Morgan Stanley and B. Riley Revisions
Morgan Stanley cut its target to $64 from $81 with an Equal Weight rating, while B. Riley adjusted its target to $72 from $76, noting EPS beat estimates but flat organic revenue growth.
3. Q4 Financial Performance
Fiserv’s Q4 revenue rose to $5.284B versus consensus $4.9B, driven by the first full period of its One Fiserv plan and significant new client wins.
4. Strategic Outlook
CEO Mike Lyons highlighted delivery on strategic pillars, achieving key milestones under the One Fiserv plan and expressing confidence in sustainable value creation going forward.