Fiserv's stock plummets 75% as earnings miss sparks investor panic ahead of February report
Fiserv's stock has faced a sharp decline in recent months, dropping roughly 75% from its 2025 peak. The fall accelerated after the company missed revenue targets in the third quarter and slashed its annual guidance. Investors now await the upcoming earnings report on February 10, 2026, amid growing uncertainty in the payments sector.
The troubles began in late October 2025 when Fiserv reported third-quarter revenue 7.9% below expectations. Management also cut its full-year earnings forecast from $10.15–$10.30 per share to just $8.50–$8.60, while organic growth projections fell from around 10% to 3.5–4%. The stock, which had traded as high as $238 earlier in 2025, now sits near $60.08.
Pressure mounted further in early February as industry peer PayPal delivered disappointing results, dragging down the entire sector. Northcoast Research downgraded Fiserv from Buy to Neutral on February 2, citing doubts about its growth momentum. Meanwhile, Stephens lowered its price target to $75, though the average analyst target remains at $80.37.
Recent trading activity suggests deepening pessimism. On Monday, put option volume surged to 78,991 contracts—237% above the daily average—indicating investors are either hedging losses or betting on further declines. The Fiserv Small Business Index also recorded a 2.0% drop in customer traffic in January, hinting at weakening consumer confidence.
Despite the downturn, some insiders have shown confidence. CFO Paul M. Todd and Director Adam L. Rosman purchased shares at prices above the current level. Analysts now expect Fiserv to report earnings per share of $1.90 and revenue of $4.91 billion in its upcoming results.
Fiserv's stock has lost 12% in the past 30 days alone, reflecting broader concerns about its performance and the payments industry. With earnings due on February 10, 2026, the company faces scrutiny over whether its revised guidance and recent insider purchases will ease investor fears. The gap between the current share price and the average analyst target suggests some believe the sell-off may have gone too far.
