Added to YB: 2026-05-20
Pitch date: 2026-05-18
FISV [neutral]
Fiserv, Inc.
-2.54%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally.
Market Cap
$29.5B
Pitch Price
$57.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.73
P/E
9.36
EV/Sales
2.75
Sector
Financial Services
Category
growth
Fiserv Investor Day Notes
FISV (update): Investor day outlined 4-6% adj rev growth (Merchant 6-8%, Financial 2-4%), 300bps margin expansion (50bps operating leverage + 200bps from Project Elevate), 90% FCF conversion, >$12 EPS by 2029 (14% CAGR). Key: reversing core banking attrition (doubled recently, now 3% of related rev), upgrading $4B non-Clover SMBs (15-30% revenue uplift), scaling Clover to 910k merchants at 76bps take rate, ISV partnerships, AI-driven modernization.
Read full article (7 min)