BTIG has revised its price target for Fiserv (FI, Financial), lowering it to $215 from the previous $240, while maintaining a Buy rating. This adjustment follows insights from CFO Bob Hau at a recent conference, where he highlighted that Clover's Q2 volume growth is aligning with the 8% growth experienced in Q1. If the "normalized" growth rate for Clover's Gross Payment Volume (GPV) stands at 11% for both Q1 and Q2, this represents a decrease from the 14% growth in Q4 of 2024.
The analyst points out that the latest guidance suggests a more substantial acceleration in the second half of FY25 than anticipated by both the firm and investors. Consequently, BTIG has opted to apply a lower FY26 price-to-earnings (P/E) multiple, taking into consideration the execution risks associated with this acceleration.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 33 analysts, the average target price for Fiserv Inc (FI, Financial) is $226.04 with a high estimate of $270.00 and a low estimate of $136.00. The average target implies an upside of 42.24% from the current price of $158.91. More detailed estimate data can be found on the Fiserv Inc (FI) Forecast page.
Based on the consensus recommendation from 36 brokerage firms, Fiserv Inc's (FI, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Fiserv Inc (FI, Financial) in one year is $168.67, suggesting a upside of 6.14% from the current price of $158.91. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Fiserv Inc (FI) Summary page.
