Fiserv plunges after FY forecast downgrade

Fiserv

29/10/2025 11:54

** Payments firm Fiserv's FI.N shares slide 28.5% to $90.25

** Co lowers FY revenue forecast; expects organic revenue growth of 3.5% to 4%, compared with its prior forecast of 10%

** Expects adj. EPS between $8.50 and $8.60 for 2025, down from its earlier forecast of $10.15 to $10.30 per share

** FI posts Q3 revenue of $4.92 bln, below analyst expectations of $5.36 bln

** Reports adj. EPS of $2.04, below analyst estimates of $2.64

** Separately, co appointed Paul Todd as CFO, effective October 31 and announced a transfer of its listing to Nasdaq

** 29 of 36 brokerages rate the stock "buy" or higher, six "hold" and one "sell"; their median PT is $170 - LSEG data

** FI stock was down 38.58% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))