Overview
- On Thursday Fiserv trimmed its 2026 adjusted EPS target to $7.20–$7.40 and lowered its organic revenue‑growth forecast to negative 1% to flat after reporting Q2 revenue of $5.3 billion and adjusted EPS of $1.84.
- Both reporting divisions missed expectations in the quarter, with merchant solutions generating $2.61 billion versus a $2.66 billion consensus and financial solutions posting $2.36 billion against a $2.39 billion estimate.
- Executives blamed country‑level economic weakness in Argentina and weaker merchant hardware sales for part of the shortfall, and reported organic revenue fell about 5% year over year.
- The stock tumbled as much as 12% in premarket trade and was trading near $51 on Thursday, leaving shares down roughly 60% over the past 12 months and heightening investor concern.
- Management reiterated medium‑term targets after a June leadership change, but analysts described the results as a broad 'miss and reset,' and the downgrade raises the risk of further guidance cuts, renewed investor pressure, and closer scrutiny of execution.