On October 29, 2025, William Blair downgraded Fiserv (NYSE:FI) to a "Market Perform" rating from its previous "Outperform" status. At the time, FI was priced at $76.55. This downgrade came amid a turbulent period for Fiserv, a company known for providing financial services technology solutions. Competitors in this space include companies like Fidelity National Information Services and Global Payments.
Fiserv's shares have seen a dramatic decline, plummeting nearly 45% after the release of its third-quarter 2025 financial results. The company reported earnings per share (EPS) of $2.04, which was significantly below the anticipated $2.65. This shortfall in earnings has contributed to the downgrade by William Blair, as highlighted by TheFly.
The company's revenue for the quarter was $4.92 billion, missing the forecasted $5.36 billion. This revenue miss has led Fiserv to revise its full-year 2025 guidance. The company now projects adjusted EPS between $8.50 and $8.60, down from the expected $10.07. Additionally, Fiserv has adjusted its organic revenue growth forecast to 3.5% to 4%, a significant reduction from the previous estimate of approximately 10%.
In response to these challenges, Fiserv has introduced the "One Fiserv" action plan. This initiative aims to enhance client focus and capitalize on the company's strengths. Despite the disappointing performance, Fiserv's net income rose to $792 million from $564 million in the same period last year, indicating some positive aspects amidst the challenges.
The stock's current price on the NYSE is $75.98, reflecting a significant decrease of -$50.19, or -39.78%. The stock has fluctuated between a low of $66.58 and a high of $76.64 today. Over the past year, FI reached a high of $238.59 and a low of $66.58. The market capitalization stands at approximately $41.3 billion, with a trading volume of 63.6 million shares.
