Goldman Sachs upgraded Fiserv (NYSE: FI) from Neutral to Buy, raising its price target to $260 from $246, citing accelerating product cycles, expanding growth opportunities, and an attractive valuation.
The bank highlighted multiple catalysts that could drive top-line acceleration across both of Fiserv’s business segments. These include international expansion and vertical growth within Clover, the onboarding of several large issuer processing clients over the next 18 months, and the upcoming rollout of CashFlow Central—Fiserv’s small business banking suite—beginning in 2025 and extending into 2026.
Goldman sees the stock offering compelling value at current levels, trading at just 18 times projected 2026 earnings with a next-twelve-month free cash flow yield of around 5%. The firm also pointed to consistent mid-teens EPS growth and believes broader improvements in the bank technology sector could further support Fiserv’s valuation as investors recognize the strength of its defensive software platform.
Fiserv (NYSE: FI) is set to report its first-quarter 2025 results on April 29. Consensus estimates call for earnings per share of $2.09 and revenue of $4.84 billion.
David Kirakosyan is a seasoned financial journalist with nearly a decade of hands-on experience in covering the U.S. stock markets. Since 2016, he has written thousands of equity news articles, detailed market analyses, and investment insights for trusted platforms like Benzinga, Investing.com, and StreetInsider. David holds a Master of Science in Finance and is a Level 2 CFA® candidate, reflecting his deep commitment to financial expertise and ethical standards. His reporting combines real-world market experience with a strong academic foundation, helping readers make informed decisions backed by reliable information. Read Full Bio
