US EditionFiserv stock craters 44%, on pace for worst day ever after company slashes guidance
- On Wednesday, Fiserv's stock plunged 44% after the Milwaukee, Wisconsin company cut its earnings outlook and announced leadership changes under CEO Mike Lyons.
- After missing analyst targets, adjusted earnings came in at $2.04 per share, below a FactSet estimate of $2.64, and Fiserv cut its full-year growth outlook to 3.5%–4% from 10%.
- The company promoted Paul Todd to chief financial officer effective Friday, succeeding Bob Hau who will serve as an adviser through the first quarter of 2026.
- Management said Fiserv will move its stock from the NYSE to the Nasdaq next month under ticker 'FISV' and unveiled a five-point action plan, with Lyons quoting, 'We also have opportunities in front of us to improve our results and execution, and I am confident that these are the right leaders to help guide Fiserv to long-term success.'
- Shares have now lost nearly 70% of their value since hitting a 2025 high of nearly $238, and Lyons said growth and margin targets need resetting due to Argentina and deferred investments.
28 Articles
28 Articles
Fiserv’s Stock Plummets 44 Percent on Earnings Miss and Revised Annual Forecast
Payment services provider Fiserv on Oct. 29 slashed its full-year fiscal guidance downward and reorganized its executive leadership team after announcing disappointing third-quarter earnings, moves that sent its share price plummeting. Fiserv’s shares shed billions in value on the news. The stock fell 44.04 percent at the market close to $70.60, down about 70 percent from its 52-week high of $238. “Our current performance is not where we want it…
Associated Press News
Fintech company Fiserv slashes guidance, shuffles leadership after big earnings miss
Fiserv shares careened to their lowest level in more than five years after the fintech payment company badly missed Wall Street’s profit targets, lowered its forecast and announced a shake-up in leadership.
Fiserv Falls off a Cliff After Q3 Earnings
Key Points Fiserv plummeted 45% after reporting Q3 financial results. Organic revenue grew just 1% and management cut its full-year guidance. The company’s EPS of $2.04 per share fell far short of the $2.65 analysts expected. Revenue of $4.92 billion also missed the consensus estimate of $5.36 billion. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
