Fiserv gains as investors extend post-earnings rebound

Fiserv (FISV) is up 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be continued follow-through from Fiserv’s November 3, 2026 quarterly report, which came in better than feared and pointed to improving execution. There does not appear to be a single major new company filing tied to today’s move, so the gain could be because investors are still repricing the stock after stronger results, a planned fourth-quarter buyback, and several higher analyst price targets this week.

Details:

Fiserv’s third-quarter release showed adjusted earnings per share of $1.75, ahead of consensus expectations, while management said banking attrition was down more than 25% year to date and major client wins were ramping.

The company raised its Project Elevate savings target to $1 billion from $500 million, signaling a larger cost-efficiency opportunity than previously outlined.

Management also said it expects to repurchase $500 million of common stock in the fourth quarter of 2026, which can support sentiment by shrinking share count and signaling confidence.

After the report, multiple firms lifted their price targets, including moves to $67 and $70, which likely helped extend the rebound even without a fresh headline today.

Sources:

Fiserv Investor Relations, SEC, Benzinga, StockAnalysis

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 6 times in the past 6 months. Of those trades, 6 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:

LANCE M FRITZ purchased 10,000 shares for an estimated $519,500
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.

$FISV Hedge Fund Activity

We have seen 445 institutional investors add shares of $FISV stock to their portfolio, and 772 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

D. E. SHAW & CO., INC. removed 5,648,486 shares (-55.7%) from their portfolio in Q2 2026, for an estimated $277,058,238
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 4,634,500 shares (+79.4%) to their portfolio in Q2 2026, for an estimated $227,322,225
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. removed 4,119,748 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $186,130,214
FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 3,165,361 shares (+29.2%) to their portfolio in Q3 2026, for an estimated $143,011,009
LONGVIEW PARTNERS (GUERNSEY) LTD removed 2,902,523 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $142,368,753
BLACKROCK, INC. added 2,538,506 shares (+6.4%) to their portfolio in Q2 2026, for an estimated $124,513,719
HARRIS ASSOCIATES L P added 2,473,350 shares (+12.5%) to their portfolio in Q2 2026, for an estimated $121,317,817

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 Analyst Ratings

Wall Street analysts have issued reports on $FISV in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Keefe, Bruyette & Woods issued a "Outperform" rating on 11/04/2026
RBC Capital issued a "Outperform" rating on 11/04/2026
Argus Research issued a "Buy" rating on 11/04/2026
B of A Securities issued a "Underperform" rating on 10/15/2026
Susquehanna issued a "Positive" rating on 08/07/2026

To track analyst ratings and price targets for $FISV, check out Quiver Quantitative's $FISV forecast page.

$FISV Price Targets

Multiple analysts have issued price targets for $FISV recently. We have seen 20 analysts offer price targets for $FISV in the last 6 months, with a median target of $63.0.

Here are some recent targets:

Bryan Keane from Citigroup set a target price of $67.0 on 11/11/2026
Harshita Rawat from Bernstein set a target price of $70.0 on 11/11/2026
Matthew Coad from Truist Securities set a target price of $65.0 on 11/10/2026
Ramsey El-Assal from Cantor Fitzgerald set a target price of $65.0 on 11/09/2026
Nik Cremo from Barclays set a target price of $59.0 on 11/04/2026
Sanjay Sakhrani from Keefe, Bruyette & Woods set a target price of $70.0 on 11/04/2026
James Faucette from Morgan Stanley set a target price of $61.0 on 11/04/2026

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.