Discover Financial Services ($DFS) Stock Forecast: Up 5.0% Today

What is Discover Financial Services?

Discover Financial Services (DFS) is a leading American financial services company known for its credit card services and banking products. The overall market experienced mixed performance today, with the Nasdaq Composite falling over 1%.

Why is Discover Financial Services going up?

DFS stock is up 5.0% on Mar 31, 2025 19:10

• Market whales showed a bearish approach towards DFS options, despite the stock's strong bullish movement today.
• The acquisition announcement of Mr. Cooper Group by Rocket Companies in a $9.4 billion all-stock deal potentially bolstered investor sentiment in the financial services sector.
• The bullish movement in DFS could be linked to positive industry trends or company-specific developments that overshadowed the bearish options activity.
• Investor optimism regarding DFS's growth prospects or financial performance likely boosted buying interest and drove the stock price higher despite bearish options activity.

DFS Price Chart

DFS Technical Analysis

DFS News

Mr. Cooper Group, Southern States Bancshares, Corcept Therapeutics And Other Big Stocks Moving Higher On Monday - Celsius Holdings ( NASDAQ:CELH ) , B&G Foods ( NYSE:BGS )

U.S. stocks were mixed, with the Nasdaq Composite falling over 1% on Monday. Shares of Mr. Cooper Group Inc. COOP rose sharply during Monday's session after the company announced it will be acquired by Rocket Companies in a $9.4 billion all-stock deal. Mr. Cooper Group shares jumped 16.3% to $ ...

https://www.benzinga.com/25/03/44565369/mr-cooper-group-southern-states-bancshares-corcept-therapeutics-and-other-big-stocks-moving-higher-on-monday

Market Whales and Their Recent Bets on DFS Options - Discover Financial servs ( NYSE:DFS )

Deep-pocketed investors have adopted a bearish approach towards Discover Financial servs DFS, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/03/44498460/market-whales-and-their-recent-bets-on-dfs-options

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Discover Financial Services Price History

07.02.2025 - DFS Stock was down 5.4%

• A recent collaboration between DFS and Skipify aims to improve the checkout experience, showcasing a dedication to enhancing customer satisfaction and simplifying payment processes.
• Despite this positive development, DFS stock has experienced a bearish trend possibly influenced by general market conditions, investor profit-taking, or concerns regarding the economic landscape.
• Investor responses may be influenced by various factors beyond the partnership news, prompting adjustments in their positions or reactions to short-term market fluctuations.
• Monitoring the market's response to this collaboration is crucial to gauging its impact on potentially reversing the current bearish trajectory for DFS in the near future.

27.02.2025 - DFS Stock was down 5.0%

• Deep-pocketed investors have taken a bearish stance on DFS options, indicating a lack of confidence in the company's future performance.
• The significant move towards bearish bets by market whales suggests a potential negative outlook on Discover Financial Services' stock.
• This bearish sentiment could be driven by concerns over the company's financial performance, competitive pressures, or broader economic factors impacting the financial services sector.

06.10.2024 - DFS Stock was up 17.0%

• DFS stock had a strong bullish movement.
• The financial sector, including DFS, surged following Donald Trump's victory in the 2024 U.S. presidential election.
• Market participants are optimistic about potential regulatory changes under the new administration, contributing to increased investor confidence in financial stocks like DFS.
• Positive sentiment in the financial sector, buoyed by expectations of favorable regulatory policies, drove DFS stock higher.

06.10.2024 - DFS Stock was up 17.0%

• A strong bullish movement was observed in Discover Financial Services (DFS) today.
• The financial sector, including DFS, surged as investors reacted positively to Trump's win, particularly anticipating beneficial regulatory policies.
• The positive market movement for DFS is linked to the overall optimism in the financial sector, with expectations of favorable regulatory changes favoring companies like DFS.
• Investors gained confidence post Trump's victory, resulting in an uptick in buying activity for financial stocks like DFS.

31.02.2025 - DFS Stock was up 5.0%

• Market whales showed a bearish approach towards DFS options, despite the stock's strong bullish movement today.
• The acquisition announcement of Mr. Cooper Group by Rocket Companies in a $9.4 billion all-stock deal potentially bolstered investor sentiment in the financial services sector.
• The bullish movement in DFS could be linked to positive industry trends or company-specific developments that overshadowed the bearish options activity.
• Investor optimism regarding DFS's growth prospects or financial performance likely boosted buying interest and drove the stock price higher despite bearish options activity.

23.00.2025 - DFS Stock was up 5.1%

• Discover Financial Services (DFS) saw significant bullish movement today.
• The company announced impressive earnings and revenue for the fourth quarter, attributing the results to loan growth, margin expansion, and credit improvement.
• The financial community has been closely monitoring DFS's performance, particularly its earnings per share and revenue.
• Factors such as increased interest and non-interest income, as well as effective cost management, likely influenced the positive investor sentiment towards DFS on the market today.

18.02.2025 - DFS Stock was down 5.5%

• Discover Financial Services shares dropped by 7% due to the possibility of the Department of Justice (DOJ) challenging its $35.3 billion merger with Capital One on antitrust grounds.
• Capital One defended the merger, claiming it complies with legal standards, but investor concerns triggered a sell-off in both companies' stocks.
• The DOJ's potential opposition introduced uncertainty among investors, leading to a downward trend in Discover Financial Services shares.

20.01.2024 - DFS Stock was up 3.8%

• DFS shares surged after announcing a merger deal to be acquired by Capital One Financial Corp, which offered a 26.6% premium over Discover's last price.
• The positive market sentiment towards the acquisition contributed to the bullish movement in DFS stock.
• The overall market was mixed, with U.S. stocks mostly lower, but consumer staples shares rose by 1%, indicating a sector-specific positive sentiment.
• The anticipation of Nvidia's earnings tomorrow and concerns about higher interest rates and the Chinese economy may have influenced the overall market movement, but DFS stood out with its significant surge due to the acquisition news.

18.03.2024 - DFS Stock was up 3.5%

• Despite falling short of EPS projections, Discover Financial Services exceeded revenue expectations in Q1 2024, prompting the positive market movement.
• The lower-than-expected earnings initially created market uncertainty, but strong revenue results aided in restoring investor confidence.
• Robust loan growth, expansion of net interest margin, and improved delinquency rates were instrumental in fueling the stock's bullish performance.
• The announced merger with Capital One to form a leading banking and payments entity likely instilled optimism in investors, contributing to the positive market sentiment surrounding Discover Financial Services.

28.05.2024 - DFS Stock was up 5.2%

• DFS stock surged after Carlyle and KKR won the auction for a $10 billion student loan book from Discover Financial. This acquisition is seen as a positive move for Discover Financial, potentially unlocking value and improving its financial position.
• The market reacted positively to the news, as investors may view this deal as a strategic move that could lead to increased profitability and growth opportunities for Discover Financial in the future.
• The bullish movement in DFS stock today could be attributed to the market's optimism surrounding the potential benefits and synergies that may arise from the sale of the student loan book to Carlyle and KKR.

28.05.2024 - DFS Stock was up 5.2%

• Discover Financial Services (DFS) recently noted a bullish shift potentially linked to Carlyle and KKR acquiring a $10 billion student loan book from the company. This development signifies potential strategic decisions or capital reallocation by DFS.
• Investor sentiment towards financial services companies like DFS might have been positively impacted by JMP Securities analyst David Scharf initiating coverage on Affirm Holdings Inc (AFRM) with a Market Perform rating, aligning with the bullish movement.
• The optimistic market sentiment towards financial services and fintech companies today may have contributed to the positive performance of DFS.

01.07.2024 - DFS Stock was down 5.0%

• There was a strong bearish movement in Discover Financial Services (DFS) today, potentially influenced by investors taking profits.
• The recent achievement of a fresh high by PROG Holdings (PRG) may have drawn some investor interest away from DFS, contributing to a decline in its stock value.
• Investor focus could have shifted towards PRG, triggering a sell-off in DFS as they adjusted their investment portfolios.
• The bearish trend in DFS could also be linked to broader market conditions impacting financial services entities, leading to a more general sell-off in the sector.