Fiserv, Inc. (NYSE:FI) is a global provider of financial services technology, offering solutions for payments, processing services, risk management, and more. The company is currently facing a challenging period, marked by a significant drop in its stock price and legal issues. Competitors in the financial technology sector include companies like PayPal and Square, which also provide digital payment solutions.
On November 5, 2025, Tom Poutrieux from BNP Paribas set a price target of $62 for FI, while the stock was trading at $64.45. This suggests a price difference of approximately -3.80%. The stock's current price reflects a decrease of 1.06% or $0.69, with fluctuations between $63.74 and $66.22 during the day. FI's market capitalization stands at approximately $34.66 billion.
A class action lawsuit has been filed against Fiserv by Bragar Eagel & Squire, P.C., alleging that the company misled investors about its 2025 initiatives. The lawsuit claims that Fiserv's guidance was based on unrealistic assumptions, leading to a 47% drop in its share price. This legal action is being pursued in the United States District Court for the Eastern District of Wisconsin.
The lawsuit covers investors who purchased Fiserv securities between July 23, 2025, and October 29, 2025. The deadline for investors to join the class action is January 5, 2026. Hagens Berman is also investigating claims that Fiserv may have misled investors regarding its financial performance projections, encouraging those who suffered losses to come forward.
Fiserv's stock has experienced a significant decline of 49%, attributed to leadership turmoil, weak consumer spending, and a downgraded quant rating to 'Strong Sell'. Other companies facing challenges include Alexandria Real Estate (ARE) and Robert Half (RHI), which are affected by sector-specific issues. Despite these challenges, Fiserv remains a key player in the financial technology industry.