Payments firm Fiserv cuts annual profit forecast, shares fall nearly 12%

Fiserv

06/08/2026 13:32

Aug 6 (Reuters) - Payments processor Fiserv FISV.O cut its full-year profit forecast on Thursday after growth in its key segments slowed in the second quarter, sending its shares down nearly 12% in premarket trading.

Here are some details: 
Fiserv cut its 2026 adjusted earnings per share forecast to between $7.20 and $7.40, from $8.00 to $8.30.
Fiserv also slashed its full-year organic revenue forecast. It now expects the revenue to be flat or fall 1%, versus its previous expectation of between 1% and 3% growth.
Revenue in Fiserv's merchant solutions segment decreased 1% in the second quarter, while financial solutions revenue fell 8%.
Activist investor Jana Partners has stepped up pressure on Fiserv to strategically review its entire portfolio and refresh the board, following a rout in its stock price.
The company's shares are down nearly 20% this year, following a near 68% drop in 2025. 
For the period ended June, the company's revenue fell 4% to $5.29 billion from a year ago. 
The company's adjusted profit for the quarter was $1.84 per share, compared with $2.47 it had reported a year earlier.

 (Reporting by Aditi Tiwari in Bengaluru; Editing by Maju Samuel)
 ((Aditi.Tiwari@thomsonreuters.com))