Fiserv Q1 adjusted revenue misses estimates, hurt by segment weakness

Fiserv

05/05/2026 12:14

Overview

Payments technology firm's Q1 adjusted revenue missed analyst expectations, adjusted EPS beat consensus

Q1 GAAP revenue fell 2% yr/yr, with organic revenue down 4%

Company repurchased $200 mln in shares and reaffirmed 2026 outlook

Outlook

Fiserv affirms 2026 organic revenue growth outlook of 1% to 3%

Company maintains 2026 adjusted EPS outlook of $8.00 to $8.30

Company says stable account and volume trends support full-year guidance

Result Drivers

SEGMENT WEAKNESS - Co said organic revenue fell 1% in Merchant Solutions and 6% in Financial Solutions segments, contributing to overall decline

PRODUCTIVITY INITIATIVES - Management said progress on productivity initiatives, including Project Elevate and the One Fiserv Action Plan, supported results

Company press release: ID:nGNX75gRnl

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$5.03 bln
Q1 Adjusted Revenue
Miss
$4.68 bln
$4.73 bln (24 Analysts)
Q1 Adjusted EPS
Beat
$1.79
$1.57 (29 Analysts)
Q1 EPS
$1.07
Q1 Net Income
$573 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy", 26 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for Fiserv Inc is $70.00, about 11.4% above its May 4 closing price of $62.81

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)