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54.88
+0.49 (0.90%)
Yopilishda: May 12, 2026, 4:00 PM EDT
MILWAUKEE, May 12, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading provider of payments and financial technology solutions, today announced an exclusive Clover partnership with Tabit, a mobile-first, AI-driven restaurant POS and hospitality technology provider, to launch Clover Reserve powered by Tabit. Clover is Fiserv's all-in-one commerce platform for merchants and small businesses.
Fiserv has sharply underperformed, but I now rate it a 'strong buy' given signs of stabilization and deeply negative sentiment. Clover remains FISV's key growth driver, with 10-15% normalized volume growth expected and potential for value unlock via separation or sale. Management reaffirmed 1-3% organic growth and $8.00-$8.30 EPS guidance, with margin improvement anticipated in H2 and free cash flow targeted at $3.8 billion.
APA Corporation was the top contributor during the quarter. SLB Limited advanced during the quarter as investors grew more confident. Fiserv declined over the quarter despite reporting inline earnings results.
MILWAUKEE, May 07, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a global leader in payments and financial technology, announced the opening of its first Clover® manufacturing facility in the Americas in Betim, Minas Gerais (Brazil). The new facility expands Fiserv's global manufacturing footprint and reinforces the company's long-term commitment to Brazil as a key growth market.
Fiserv Inc. (NASDAQ:FISV) posted mixed first-quarter financial results Tuesday.
Fiserv is characterizing 2026 as a transition period amid a drop in revenue. The payments processor on Tuesday (May 5) released earnings showing organic revenue down 4% for the first quarter of the year, with the company's merchant solutions revenue down 1% and financial solutions down 6%.
Fiserv beat Q1 earnings estimates on a 17 cents per share tax boost, but revenues miss as margins slide and Clover GPV hits $324B.
GAAP revenue decrease of 2% and organic revenue decrease of 4%;GAAP EPS decreased 29% and adjusted EPS decreased 16%;Company affirms 2026 organic revenue growth outlook of 1% to 3%and adjusted EPS outlook of $8.00 to $8.30
Fiserv releases April 2026 Fiserv Small Business Index, indicating sales growth in the month was driven by higher prices consumers are paying at checkout.