B. Riley Reaffirms Neutral Rating on Fiserv

Analysts lower price target on business services provider

Published on Feb. 11, 2026

B. Riley Securities has reaffirmed a "neutral" rating on shares of Fiserv, Inc. (NASDAQ:FISV) and lowered its price target to $72.00 from $76.00. The analysts cited mixed financial results and cautious guidance for the company's future performance.

Why it matters

Fiserv is a major provider of financial technology and payment processing services, so its performance is seen as an indicator of broader trends in the financial services industry. The neutral rating and lowered price target from B. Riley suggest that analysts have a cautious outlook on Fiserv's near-term prospects, which could impact investor sentiment and the company's stock price.

The details

In its research report, B. Riley noted that Fiserv reported fourth-quarter earnings that beat analyst estimates, but the company's revenue was mixed compared to consensus forecasts. Additionally, Fiserv provided fiscal year 2026 guidance that was viewed as conservative, with an earnings per share range of $8.00 to $8.30. The analysts also highlighted potential headwinds facing Fiserv, including slower core growth and increased competitive pressure in the payments and processing sectors.

  • Fiserv reported its fourth-quarter 2025 earnings on February 10, 2026.

The players

Fiserv, Inc.

A global provider of financial services technology, offering solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization.

B. Riley Securities

An investment research and securities brokerage firm that provides research coverage on Fiserv.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The mixed financial results and cautious guidance from Fiserv suggest that the company is facing some near-term challenges, which could impact its stock performance. Investors will be closely watching for signs of a turnaround in the company's core business and any improvements in its competitive positioning within the financial technology sector.