Analysts Endorse Fiserv's (FI) Fundamentals, See Pullback as Opportunity

Fiserv Inc. (NYSE:FI) is one of the best large-cap tech stocks to buy now. On July 24, TD Cowen’s Bryan Bergin reiterated his Buy rating on Fiserv but trimmed the price target to $188 from $233.

Bergin’s decision came a day after the company reported its Q2 2025 results. According to him, the stock has come under pressure after the results and a downward revision to the company’s growth outlook.

He acknowledges that execution issues, especially within the Merchant segment, are weighing on sentiment. However, he argues that Fiserv’s competitive positioning and differentiated assets remain intact. He points to several operational initiatives that could help steady performance and drive roughly 10% revenue growth alongside more than 15% earnings expansion.

The analyst also believes the market is assigning an overly cautious value to Merchant Solutions compared with peers, and that concerns about reliability are likely to ease over time. In his view, the current pullback offers an attractive entry point for long-term investors.

In its July 11 investor letter, Giverny Capital Asset Management said it added Fiserv to its portfolio in Q2, citing the company’s decades-long track record of double-digit annual earnings growth. Even with slower momentum in Clover (its point-of-sale and business management platform), they expect about 15% earnings growth this year to roughly $10 per share. Giverny also sees the current valuation as attractive, considering it trades just over 14x forward earnings versus the market’s 20x. They also view Fiserv’s extensive network of regional bank partners as a key competitive edge.

Fiserv Inc. (NYSE:FI) is a provider of payments and financial services technology solutions that serves clients around the globe, including merchants, banks, credit unions, other financial institutions, and corporate and public sector clients.

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Disclosure: None. This article is originally published at Insider Monkey.