Highlights:
- Fiserv (FI, Financial) shares surged by 7.1% in premarket trading due to the launch of a new stablecoin platform.
- Analyst consensus forecasts a significant upside with a one-year target price of $221.42.
- GuruFocus estimates show a moderate increase in stock value based on GF Value calculations.
Shares of Fiserv (FI) experienced a notable increase, rising by as much as 7.1% in premarket trading following the announcement of its plans to launch a stablecoin and an integrated platform. This strategic move is designed to cater to over 10,000 financial institutions and numerous merchants, in collaboration with Circle.
Wall Street Analysts Forecast
According to projections from 34 seasoned analysts, Fiserv Inc (FI, Financial) is anticipated to reach an average one-year price target of $221.42. The projections range from a high of $268.00 to a low of $145.00, suggesting a potential upside of 35.52% from the recent price of $163.38. For more detailed insights, please refer to the Fiserv Inc (FI) Forecast page.
With insights from 38 brokerage firms, Fiserv Inc (FI, Financial) earns an average brokerage recommendation of 1.8, which aligns with an "Outperform" rating. This recommendation scale spans from 1, indicating a Strong Buy, to 5, indicating a Sell.
According to GuruFocus estimates, the projected GF Value for Fiserv Inc (FI, Financial) in the upcoming year is $169.89. This suggests a potential upside of 3.98% from the current valuation of $163.38. The GF Value prediction reflects the estimated fair market value based on the stock's historical trading multiples, its past growth performance, and future business projections. Additional detailed information is available on the Fiserv Inc (FI) Summary page.
