B. Riley cuts Fiserv stock target from USD 66 to USD 51
Published on 10/05/2026 at 09:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fiserv (ISIN US3377381088) was trading at EUR 39.50 at Lang & Schwarz on October 5, 2026 at 9:30 a.m. CEST, plus 0.18 percent versus the EUR 39.43 prior close from October 2, 2026. According to MarketBeat on September 28, 2026, B. Riley Financial cut its Fiserv price target from USD 66.00 to USD 51.00 and kept a neutral rating.
Target cut follows weak quarter
The target reduction follows Fiserv's second-quarter performance. The company reported USD 5.29 billion in GAAP revenue for the second quarter of 2026, down 4.00 percent from the second quarter of 2025, while GAAP earnings per share fell 37.00 percent to USD 1.17, according to Asset News 4u in the release dated August 6, 2026.
The adjusted figures show the same pressure. Adjusted earnings per share declined 26.00 percent to USD 1.84 in the second quarter, while adjusted revenue decreased 4.00 percent to USD 4.96 billion. The company lowered its fiscal 2026 organic revenue outlook to minus 1.00 percent to 0.00 percent and set adjusted earnings per share guidance at USD 7.20 to USD 7.40.
Turnaround depends on execution
Fiserv's recovery plan centers on operating efficiency and a cleaner revenue base. At a September 10, 2026 Goldman Sachs conference, management said Project Elevate had identified USD 500.00 million in savings and could add 200 basis points of margin over several years, according to Investing.com.
The operating comparison remains demanding. Adjusted operating margin was 31.80 percent in the second quarter of 2026, versus 39.60 percent in the second quarter of 2025, while first-half free cash flow was USD 1.36 billion versus USD 1.55 billion a year earlier. Those figures give the target cut a clear financial backdrop, with execution and margin recovery now central to the valuation debate.
Fiserv stock holds near recent lows
The Lang & Schwarz quote of EUR 39.50 on October 5, 2026 stood EUR 0.07 above the prior close of EUR 39.43. The finance quote for Fiserv's Nasdaq listing showed a market capitalization of USD 23.7 billion as of October 2, 2026, while Fiserv identifies itself as a member of the S&P 500 Index.
The further course of trading is shown by the continuously updated real-time quote of Fiserv stock.
Fiserv stock at a glance
- Company: Fiserv, Inc.
- ISIN: US3377381088
- Ticker: FISV
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 5, 2026 at 9:30 a.m. CEST: EUR 39.50
- Change versus prior close: plus 0.18 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 39.43
- Market capitalization: USD 23.7 billion as of October 2, 2026
- Sector / Industry: Technology / Information Technology Services
- Index membership: S&P 500
