Fiserv’s Q3 2026 Earnings: What to Expect

Milwaukee, Wisconsin-based Fiserv, Inc. (FISV) is a global financial technology company that provides payment processing, digital banking, and financial services technology solutions to banks, credit unions, merchants, and businesses worldwide. With a market cap of $25.7 billion, its offerings include electronic payments, card processing, e-commerce solutions, merchant acquiring, and banking software. 

The company is expected to release its Q3 2026 earnings before the market opens on Tuesday, Nov. 3. Ahead of the event, analysts expect the company’s EPS to be $1.72 on a diluted basis, down 15.7% from $2.04 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in two of its last four quarters, while missing on two other occasions.

For fiscal 2026, analysts project the company’s EPS to be $7.25, down 16.1% from $8.64 in fiscal 2025. However, its EPS is expected to rebound in FY2028, rising 10.3% year over year to $8 in fiscal 2027.

FISV stock has declined 61.8% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 15.2% rise and the State Street Technology Select Sector SPDR ETF’s (XLK) 30.8% return during the same time frame.

Fiserv has lagged behind the broader market amid sluggish revenue growth and declining profitability. The company’s revenue grew at an annualized rate of just 2.5% over the past two years, underperforming its financial industry peers, while earnings per share fell by 3.1% annually, indicating weaker returns from incremental sales. Additionally, its modest 9.9% return on equity highlights challenges in identifying profitable growth opportunities, weighing on investor sentiment.

On the positive side, Fiserv announced a multi-year agreement with cybersecurity and compliance company VikingCloud on Oct. 20 to help businesses strengthen their cybersecurity defenses and simplify PCI compliance. Beginning in early 2027, Fiserv will offer VikingCloud’s Cyber Risk Defense solution, which provides continuous monitoring, actionable security guidance, and protection against threats such as phishing, ransomware, and business impersonation. The service also includes built-in cyber insurance and a simplified A-to-F Security Score to help merchants assess their cyber risk.

Analysts are skeptical about FISV, with the stock having a “Hold” rating overall. Among the 38 analysts covering the stock, three are recommending a “Strong Buy,” two suggest a “Moderate Buy,” 28 recommend “Hold,” one suggests a “Moderate Buy,” and four “Strong Sell” for the stock. FISV’s average analyst price target is $55.30, indicating an upside of 14.7% from the current levels.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.