Fiserv Inc. ($FI) Stock Forecast: Down 0.7% Today

What is Fiserv Inc.?

Fiserv (FI) is a financial services technology company that provides payment and processing services to banks and merchants. The stock has been experiencing volatility in the market recently.

Why is Fiserv Inc. going down?

FI stock is down 0.7% on Oct 22, 2024 14:42

• The strong bearish movement in FI today could be attributed to profit-taking by investors after the stock had been up 2.66% in the past week.
• Despite surpassing earnings estimates in Q3, investors might have been disappointed by the revenue numbers falling slightly short of expectations.
• The uncertainty surrounding the future performance of FI could have also contributed to the bearish sentiment.
• Additionally, the long-term investors who were evaluating the stock's performance over a decade might have decided to cash in on their gains, putting downward pressure on the stock price.

FI Price Chart

FI Technical Analysis

FI News

Fiserv ( FI ) Q3 Earnings Surpass Estimates

Fiserv (FI) delivered earnings and revenue surprises of 2.22% and 0.19%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2354548/fiserv-fi-q3-earnings-surpass-estimates

Zacks Investment Ideas feature highlights: Fiserv, Invesco and Moody's

Fiserv, Invesco and Moody's have been highlighted in this Investment Ideas article.

https://www.zacks.com/stock/news/2354461/zacks-investment-ideas-feature-highlights-fiserv-invesco-and-moodys

If You Invested $1000 in Fiserv a Decade Ago, This is How Much It'd Be Worth Now

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

https://www.zacks.com/stock/news/2353670/if-you-invested-1000-in-fiserv-a-decade-ago-this-is-how-much-itd-be-worth-now

Fiserv ( FI ) Is Up 2.66% in One Week: What You Should Know

Does Fiserv (FI) have what it takes to be a top stock pick for momentum investors? Let's find out.

https://www.zacks.com/stock/news/2353333/fiserv-fi-is-up-266-in-one-week-what-you-should-know

Fiserv Gears up to Report Q3 Earnings: How is the Stock Placed?

FI's third-quarter 2024 revenues are expected to have gained from an improved Clover performance, and rising demand for FedNow and RTP integration.

https://www.zacks.com/stock/news/2353202/fiserv-gears-up-to-report-q3-earnings-how-is-the-stock-placed

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Fiserv Inc. Price History

25.08.2024 - FI Stock was down 1.9%

• The drop in FI's shares was driven by bearish market sentiment and profit-taking by investors.
• Despite Fiserv's strong performance and raised guidance, it did not directly affect FI's stock movement.
• The potential bear market in Ethereum may have played a role in shaping overall market sentiment, impacting FI's movement.
• The bullish indicators from Sui and PEPE were not sufficient to counterbalance the prevailing bearish trend affecting FI.

16.10.2023 - FI Stock was up 3.1%

• Fiserv Inc. (FI) had a strong bullish movement today.
• The stock surged on a robust growth forecast at its Investor Day event.
• The optimistic financial outlook and strategic plans discussed at the conference drew significant attention from investors and analysts.
• Fiserv's healthy preliminary outlook for 2024 also contributed to the stock's rise.

30.05.2023 - FI Stock was up 1.9%

• Fiserv has elevated and simplified its digital lending capabilities, which highlights the company's commitment to digital transformation in the financial sector.
• The partnership between Tata Motors Finance and Fiserv has advanced their digital strategies, indicating potential growth opportunities for Fiserv.
• The acquisition of Fiserv shares by National Bank of Canada suggests confidence in the company's performance and potential.
• The initiation of coverage by analysts at StockNews.com on Fiserv indicates increasing interest in the stock and its market potential.

26.06.2023 - FI Stock was down 3.6%

• Despite Fiserv's positive financial performance and optimistic outlook, the stock experienced a strong bearish movement.
• The market may have reacted to factors other than the company's financials, such as broader market trends or external news.
• It's possible that investors were expecting even stronger results or were influenced by negative sentiment in the overall market.
• The acquisition of financial reconciliation solutions by Trintech, a competitor, could have also impacted investor sentiment towards Fiserv.

28.01.2024 - FI Stock was down 0.9%

• Despite an impressive long-term performance, with $1000 invested two decades ago now valued at $16,000, FI witnessed a bearish movement.
• Potential weaknesses or threats highlighted in a strategic SWOT analysis may have influenced investor sentiment towards Fiserv.
• Fiserv's involvement in upcoming investor conferences could have caused uncertainty among investors, impacting the market negatively.
• The recent addition of Lance Fritz to the board of directors might have hinted at leadership changes within the company, affecting investor confidence and contributing to the bearish market movement.

24.09.2023 - FI Stock was up 5.0%

• Fiserv's Q3 results exceeded expectations, leading to a 4% rise in the stock price.
• The company's margins expanded, and its Clover platform experienced growth, contributing to the positive market movement.
• Fiserv's CEO, Frank Bisignano, discussed the company's performance and the state of the consumer, further boosting investor confidence.
• Fiserv's strong segmental performance, with rising earnings and revenues year over year, also contributed to the bullish market movement.

22.09.2024 - FI Stock was down 0.7%

• The strong bearish movement in FI today could be attributed to profit-taking by investors after the stock had been up 2.66% in the past week.
• Despite surpassing earnings estimates in Q3, investors might have been disappointed by the revenue numbers falling slightly short of expectations.
• The uncertainty surrounding the future performance of FI could have also contributed to the bearish sentiment.
• Additionally, the long-term investors who were evaluating the stock's performance over a decade might have decided to cash in on their gains, putting downward pressure on the stock price.

01.06.2024 - FI Stock was down 1.2%

• The bearish movement in FI stock today could be attributed to profit-taking by investors after a prolonged period of bullish momentum.
• Other assets like IQV, SOL, AVAX, and LINK potentially diverting attention and investment away from FI, leading to a decrease in demand.
• The overall market sentiment towards FI may have been influenced by concerns over rising costs and competition from other companies in the sector.
• Investors might be reevaluating their positions in FI due to uncertainties in the market, causing a temporary dip in the stock price.

10.06.2024 - FI Stock was down 1.8%

• The bearish movement in FI stock could be attributed to investors' anticipation and reaction to the upcoming second-quarter earnings results announcement.
• The market might be reacting to concerns or uncertainties surrounding FI's financial performance in the current quarter.
• Traders and investors could be adjusting their positions based on the potential impact of FI's earnings on the stock price, leading to the bearish movement observed today.
• It is essential for investors to closely monitor FI's earnings release and the subsequent market reaction to make informed decisions regarding their positions in the stock.

25.06.2024 - FI Stock was down 2.6%

• Bearish movement in Fiserv's stock today could be linked to profit-taking by investors following a period of bullish activity post the positive earnings report.
• Analysts and RBC Capital raising price targets suggest a favorable outlook for Fiserv, indicating that today's decline could be a temporary market correction.
• Market sentiment, influenced by Ethereum's ETF launch not preventing a price crash, might have affected Fiserv's stock.
• High-rolling investors showing bullish positioning on Fiserv could signal differing short-term trading strategies, resulting in stock price fluctuations.