Mizuho Lowers PT on Fiserv Stock from $194 to $165, Keeps Outperform Rating

Fiserv, Inc. (NYSE:FI) is one of the Best Information Technology Services Stocks to Invest In. On July 29, Mizuho lowered the price target on Fiserv, Inc. (NYSE:FI) stock from $194 to $165, keeping its Outperform rating.

Dan Dolev from Mizuho made a significant decrease to his price target on FI following the Q2 2025 results. Fiserv posted revenue of $5.20 billion during Q2, which missed estimates by a slight margin of $3.25 million. The adjusted earnings came in at $2.47 per share, surpassing consensus by $0.04. The company experienced an 8% adjusted and organic revenue growth year-over-year and a 16% increase in adjusted earnings per share. Despite this notable growth, Dolev cites reduced organic growth expectations for the target cut. Fiserv revised its full-year 2025 organic revenue growth guidance to almost 10%, at the low end of its previous range. The revision reflects delays in product launches and strategic initiatives.

A businessperson checking their laptop, highlighting the company’s integration of technology across its banking and financial services.

The analyst also mentioned that Fiserv’s $3.5 billion Clover revenue is feasible but likely requires a better yield. Dolev believes that this may be a challenge, as channel checks suggest that previous price hikes have weighed on growth. The company’s Clover revenue posted a 30% growth from a year ago.

Fiserv, Inc. (NYSE:FI) is an IT services and solutions provider, primarily focused on payments and financial services technology solutions. It serves through two segments: Merchant Solutions and Financial Solutions.

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