Fiserv (FISV) stock
Financials · Transaction & Payment Processing Services
Fiserv (FISV) is a Transaction & Payment Processing Services company in the Financials sector, headquartered in Brookfield, Wisconsin. As of October 23, 2026, FISV closed at $49.86, a market capitalization of $26.51 billion, the 350th largest company in the S&P 500. The stock trades at 9.6x trailing earnings and 6.3x forward earnings.
- 1-year total return: -59.8% (dividends reinvested)
- 5-year return: -14.7% a year
- 52-week range: $43.87 – $128.78
- FI Handbook report card: B across 5 metrics
- 59th largest of 76 Financials stocks in the S&P 500
FISV price chart
1Y price change: -59.8% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| FISV | +8.5% | -25.8% | -59.8% | -23.1% | -14.7% | +0.1% | +13.8% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1986.
FISV key statistics
- Market cap
- $26.5B
- #350 in S&P 500
- P/E (TTM)
- 9.6x
- Forward P/E
- 6.3x
- EPS (TTM)
- —
- Revenue (TTM)
- —
- Free cash flow
- $3.9B
- Gross margin
- —
- Operating margin
- —
- Return on equity
- —
- Dividend yield
- None
- 52-week range
- $43.87 – $128.78
- Beta
- —
- Price / sales
- —
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- —
FISV report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth——
- Gross margin——
- Operating margin——
- FCF margin——
- Return on equity——
- Net debt / EBITDA0.0xA
- Forward P/E6.3xA
- PEG ratio1.4xB
- Shareholder yield0.0%F
- Share count change / yr-4.3%A
Fiserv financials
Revenue went from $5.5B in fiscal 2016 to $21.2B in fiscal 2025, growing 16.2% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.5B | $5.7B | $5.8B | $10.2B | $14.9B | $16.2B | $17.7B | $19.1B | $20.5B | $21.2B |
| Gross profit | $4.8B | $5.0B | $5.1B | — | — | — | — | — | — | — |
| Operating income | $1.4B | $1.5B | $1.8B | $1.6B | $1.9B | $2.3B | $3.7B | $5.0B | $5.9B | $5.8B |
| Net income | $930.0M | $1.2B | $1.2B | $893.0M | $958.0M | $1.3B | $2.5B | $3.1B | $3.1B | $3.5B |
| EPS (diluted) | $2.08 | $2.89 | $2.87 | $1.71 | $1.40 | $1.99 | $3.91 | $4.98 | $5.38 | $6.34 |
| Free cash flow | — | — | $1.2B | $2.1B | $3.2B | $2.9B | $3.1B | $3.8B | $5.1B | $4.3B |
| Buybacks | $1.2B | $1.2B | $1.9B | — | — | — | — | — | — | — |
| Diluted shares | 447.8M | 431.3M | 413.7M | 522.6M | 683.4M | 671.6M | 647.9M | 615.9M | 582.1M | 549.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into FISV?
A reverse DCF asks what growth the current price requires. With an enterprise value of $26.5B and $3.9B of trailing free cash flow, Fiserv needs to grow free cash flow about -15.3% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 5.8% a year over the last five years.
P/E ratio history
Current 7.9x vs. median 28.6x (10th–90th percentile 13.2x–56.6x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
FISV analyst price targets
27 analysts' average 12-month target is $57.63 (+16% vs. $49.86). Targets range from $40.00 to $106.00. 16% rate it a buy.
FISV earnings
Next report: November 3, 2026. Last quarter's revenue was $5.3B (-4% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 6, 2026 | $1.91 | $1.84 | -3.9% |
| May 5, 2026 | $1.57 | $1.79 | +13.9% |
| Feb 10, 2026 | $1.90 | $1.99 | +4.6% |
| Oct 29, 2025 | $2.65 | $2.04 | -22.9% |
| Jul 23, 2025 | $2.43 | $2.47 | +1.5% |
| Apr 24, 2025 | $2.08 | $2.14 | +3.1% |
| Feb 5, 2025 | $2.48 | $2.51 | +1.2% |
| Oct 22, 2024 | $2.26 | $2.30 | +1.6% |
Stocks like FISV
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 V Visa | -1.55% | +19% | $765.8B | 34.7x | Compare |
 MA Mastercard | -1.52% | +9% | $546.3B | 34.3x | Compare |
 PYPL PayPal | -0.90% | -17% | $48.8B | 10.8x | Compare |
 XYZ Block | -3.24% | -3% | $45.9B | 136.5x | Compare |
 CPAY Corpay | -1.58% | +44% | $26.8B | 24.8x | Compare |
 GPN Global Payments | -3.56% | -4% | $21.9B | 38.9x | Compare |
 FIS Fidelity National Information S | -1.98% | -42% | $19.4B | 5.8x | Compare |
 JKHY Jack Henry & Associates | +0.46% | +6% | $11.4B | 22.1x | Compare |
FISV news
- Stocktwits Fintech Pulse: US Fintech Weekly Briefing And Market Drivers · Oct 24, 2026
- Fiserv Appoints Raj Seshadri to Board of Directors · Oct 23, 2026
- Fiserv (FISV) Stock Still Looks Like A Bargain After Lawsuit Claims · Oct 22, 2026
- Verisave appoints Payments Veteran Chris Lefebvre as Chief Executive Officer to Drive Product Development and Growth · Oct 22, 2026
- Fiserv’s Q3 2026 Earnings: What to Expect · Oct 22, 2026
FISV stock FAQ
What is FISV's market cap?
Fiserv's market capitalization is $26.51 billion as of October 23, 2026, ranking 350th in the S&P 500.
What is FISV's P/E ratio?
FISV trades at a trailing price-to-earnings ratio of 9.6x and a forward P/E of 6.3x. Its median P/E over the period we track is 28.6x.
Does FISV pay a dividend?
No. Fiserv does not currently pay a regular cash dividend.
How much has FISV stock returned?
Including reinvested dividends, FISV returned -59.8% over one year, -14.7% a year over five years, +0.1% a year over ten years through October 23, 2026.
Is FISV stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Fiserv must grow free cash flow about -15% a year for the next decade. Its free cash flow grew 6% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the FISV price target?
27 analysts cover FISV with an average 12-month price target of $57.63, +16% from the current price. 16% of them rate it a buy.
When does FISV report earnings?
Fiserv is expected to report earnings on November 3, 2026.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology