Fiserv shares slide as Q1 organic revenue declines and investors digest flat full-year outlook

Fiserv (FISV) is down 7.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to the company’s first-quarter 2026 results, where organic revenue declined and the top line fell year over year. Even though management reiterated full-year 2026 targets, investors may be reacting to the magnitude of the Q1 slowdown and the need for a sharper rebound in coming quarters to hit the annual growth plan.

Details:

Fiserv reported first-quarter 2026 GAAP revenue of about $5.03 billion, down 2% versus the prior year, with organic revenue down 4%.

By segment, organic revenue fell about 1% in Merchant Solutions and about 6% in Financial Solutions, signaling broader softness than some investors expected.

Management reaffirmed its 2026 outlook for organic revenue growth of 1% to 3% and adjusted EPS of $8.00 to $8.30, which may have been viewed as cautious given the Q1 starting point.

The company also disclosed share repurchases during the quarter, but buybacks were not enough to offset concerns around near-term growth and execution.

Sources:

SEC, Fiserv (earnings release), TipRanks

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 2 times in the past 6 months. Of those trades, 2 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:

PAUL M TODD (Chief Financial Officer) purchased 17,000 shares for an estimated $1,060,970
ADAM L. ROSMAN (Chief Admin. and Legal Officer) purchased 7,900 shares for an estimated $499,201

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.

$FISV Hedge Fund Activity

We have seen 587 institutional investors add shares of $FISV stock to their portfolio, and 1,166 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS removed 20,936,453 shares (-81.2%) from their portfolio in Q4 2025, for an estimated $1,406,301,548
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 11,917,063 shares (-70.4%) from their portfolio in Q4 2025, for an estimated $800,469,121
BANK OF AMERICA CORP /DE/ added 11,707,487 shares (+711.7%) to their portfolio in Q4 2025, for an estimated $786,391,901
DODGE & COX added 10,840,613 shares (+28.1%) to their portfolio in Q4 2025, for an estimated $728,163,975
HARRIS ASSOCIATES L P added 8,790,629 shares (+130.0%) to their portfolio in Q4 2025, for an estimated $590,466,549
AMUNDI added 8,227,144 shares (+202.3%) to their portfolio in Q4 2025, for an estimated $552,617,262
FEDERATED HERMES, INC. added 4,372,450 shares (+51127.8%) to their portfolio in Q4 2025, for an estimated $293,697,466

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.

$FISV Congressional Stock Trading

Members of Congress have traded $FISV stock 7 times in the past 6 months. Of those trades, 4 have been purchases and 3 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 5 times. They made 4 purchases worth up to $60,000 on 03/13, 12/19, 11/18, 11/12 and 1 sale worth up to $15,000 on 02/10.
SENATOR JOHN BOOZMAN has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 01/29, 11/21.

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.

$FISV Price Targets

Multiple analysts have issued price targets for $FISV recently. We have seen 13 analysts offer price targets for $FISV in the last 6 months, with a median target of $70.0.

Here are some recent targets:

James Friedman from Susquehanna set a target price of $91.0 on 05/04/2026
Matthew Coad from Truist Securities set a target price of $64.0 on 04/24/2026
Andrew Bauch from BMO Capital set a target price of $65.0 on 04/22/2026
Will Nance from Goldman Sachs set a target price of $70.0 on 04/14/2026
Bryan Keane from Citigroup set a target price of $60.0 on 04/09/2026
Dominick Gabriele from Loop Capital set a target price of $62.0 on 03/31/2026
Jason Kupferberg from Wells Fargo set a target price of $62.0 on 03/27/2026

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.