FeesSafety
Pluang+
Home/News Feed/Fiserv reports Q3 2026 revenue down 1%, raises Project Elevate savings target to $1B, plans $500M share buyback
FISV
$56.55
+$4.62 +8.90%

Fiserv reports Q3 2026 revenue down 1%, raises Project Elevate savings target to $1B, plans $500M share buyback

Company Fundamentals
03 Nov 2026, 14:00 WIB
GlobeNewsWire
View Source
Neutral
Fiserv reports Q3 2026 revenue down 1%, raises Project Elevate savings target to $1B, plans $500M share buyback

Fiserv reported a 1% decline in GAAP revenue for Q3 2026 to $5.20 billion, with organic revenue flat. The company recorded a $6.45 billion goodwill impairment, resulting in a GAAP loss per share of $(11.17), but adjusted EPS was $1.75. Fiserv raised its Project Elevate cost savings target to $1 billion from $500 million and plans to repurchase $500 million of shares in Q4 2026. The company reaffirmed its 2026 outlook for organic revenue and adjusted EPS, expecting continued focus on efficiency and innovation.

Fiserv shares trade at USD 54.85 on Pluang as of Nov 03, 2026 19:15 WIB, up 5.62% in one day. The stock's market cap stands at $27.61 billion. Investors hold shares on average for 9 days on the platform.

More News (FISV)

Fiserv remains a strong buy despite recent guidance cuts, trading at a low P/E with solid cash flow yield.

Fiserv remains a strong buy despite recent guidance cuts, trading at a low P/E with solid cash flow yield.

Fiserv faces near-term revenue and earnings declines but retains strong market leadership and strategic assets that support its competitive advantage. Despite recent guidance cuts, the company trades at a low forward P/E of about 6.48x and offers a 1...

Company Fundamentals
Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App