Fiserv Falls as Q2 Weakness Triggers Another 2026 Forecast Cut

Fiserv (FISV) is down 4.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a weak second-quarter report that included lower profit guidance and a much softer revenue outlook for 2026. Investors also appear to be reacting to slowing results in both of Fiserv’s main operating segments, with recent leadership turnover and activist pressure adding to concerns about execution.

Details:

Fiserv cut its 2026 adjusted EPS outlook to $7.20 to $7.40 from $8.00 to $8.30, and now expects organic revenue to be flat to down 1% instead of growing 1% to 3%.

Second-quarter revenue fell 4% year over year to $5.29 billion, while adjusted EPS declined to $1.84 from $2.47 a year earlier.

Merchant Solutions revenue slipped 1% in the quarter, and Financial Solutions revenue fell 8%, pointing to broad operating weakness rather than a one-off issue.

Management instability has remained in focus after Fiserv appointed a new CEO in June and disclosed the resignation of its president in July, while Jana Partners has been pushing for a broader portfolio review and board refresh.

Sources:

Reuters, SEC, Fiserv Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FISV Insider Trading Activity

$FISV insiders have traded $FISV stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $FISV stock by insiders over the last 6 months:

ADAM L. ROSMAN (Chief Admin. and Legal Officer) purchased 10,150 shares for an estimated $500,699
PAUL M TODD (Chief Financial Officer) purchased 10,060 shares for an estimated $499,982
GORDON M. NIXON purchased 7,500 shares for an estimated $371,775
HARRY DISIMONE purchased 2,088 shares for an estimated $101,080
CHARLOTTE YARKONI purchased 2,023 shares for an estimated $100,118

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$FISV Hedge Fund Activity

We have seen 494 institutional investors add shares of $FISV stock to their portfolio, and 780 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BANK OF AMERICA CORP /DE/ removed 11,209,534 shares (-84.0%) from their portfolio in Q1 2026, for an estimated $612,601,033
CAPITAL WORLD INVESTORS added 9,057,848 shares (+186.9%) to their portfolio in Q1 2026, for an estimated $495,011,393
AMUNDI removed 6,245,706 shares (-50.8%) from their portfolio in Q1 2026, for an estimated $341,327,832
FEDERATED HERMES, INC. added 4,278,016 shares (+97.6%) to their portfolio in Q1 2026, for an estimated $233,793,574
HARRIS ASSOCIATES L P added 4,182,927 shares (+26.9%) to their portfolio in Q1 2026, for an estimated $228,596,960
MORGAN STANLEY removed 3,944,236 shares (-33.2%) from their portfolio in Q1 2026, for an estimated $215,552,497
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 3,676,213 shares (+170.3%) to their portfolio in Q1 2026, for an estimated $200,905,040

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$FISV Congressional Stock Trading

Members of Congress have traded $FISV stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $FISV stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 1 purchase worth up to $15,000 on 03/13 and 2 sales worth up to $30,000 on 04/14, 02/10.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$FISV Price Targets

Multiple analysts have issued price targets for $FISV recently. We have seen 18 analysts offer price targets for $FISV in the last 6 months, with a median target of $62.5.

Here are some recent targets:

Jason Kupferberg from Wells Fargo set a target price of $56.0 on 07/09/2026
Will Nance from Goldman Sachs set a target price of $60.0 on 07/09/2026
Nik Cremo from Barclays set a target price of $58.0 on 07/08/2026
Tien-Tsin Huang from JP Morgan set a target price of $62.0 on 07/08/2026
Bryan C. Bergin from TD Cowen set a target price of $63.0 on 07/07/2026
James Faucette from Morgan Stanley set a target price of $65.0 on 05/29/2026
Matthew Coad from Truist Securities set a target price of $58.0 on 05/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.