Fiserv stock rating reiterated by UBS with $170 price target

Published 01/10/2025, 13:56
Fiserv stock rating reiterated by UBS with $170 price target

Investing.com - UBS has reiterated its Buy rating on Fiserv (NYSE:FI) with a price target of $170.00 following the company’s Forum 2025 Client Conference in Las Vegas. Currently trading at $128.93, significantly below its 52-week high of $238.59, InvestingPro analysis suggests the stock is undervalued, with analysts maintaining a strong buy consensus.

The investment firm highlighted Fiserv’s expansion strategies, including its move into healthcare with Rectangle Health and its acquisition of StoneCastle Cash Management to enable institutions to custody cash.

UBS noted Fiserv’s growth initiatives through existing offerings, including XD online digital banking migrations, core banking consolidation from 16 cores to 5, and Clover bank partner growth.

The report detailed Fiserv’s merchant segment developments, specifically focusing on orchestration, value-added services, and agentic commerce capabilities.

Additional areas of interest mentioned by UBS included Fiserv’s merchant referral program, data monetization efforts with Equifax, and the company’s PracticePay solution developed in partnership with Rectangle Health for the bank referral channel.

In other recent news, Fiserv, Inc. announced the introduction of Content Next, a cloud-based content management and workflow solution developed in partnership with OpenText. This platform is designed to modernize operations for financial institutions through automation and AI-enabled functionality. Additionally, Fiserv has signed a definitive agreement to acquire StoneCastle Cash Management, aiming to enhance deposit funding for community banks and credit unions. The company also completed the acquisition of the remaining 49.9% stake in AIB Merchant Services, securing full ownership of the joint venture with AIB Group to strengthen its position in the European market.

Fiserv further expanded its capabilities by acquiring Smith Consulting Group, a consulting service for community banks and credit unions, and CardFree, a platform that enhances hospitality payment solutions. The acquisition of CardFree will bolster Fiserv’s Clover point-of-sale system with new features like drive-through software and kiosk enablement. These strategic moves reflect Fiserv’s ongoing efforts to broaden its service offerings and solidify its market presence.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.