Visa, Mastercard, Fiserv, Fidelity National Information Services, and Western Union are included in the Zacks Industry Outlook report.
Fiserv, Inc. (NYSE:FI) will be participating in the Wolfe Research FinTech Forum on March 11, 2025, at 10:10 AM ET. The company's CFO, Robert Hau, will be present, along with Darrin Peller from Wolfe Research. Darrin Peller expressed gratitude for everyone's attendance.
The Investment Committee has shared their favorite stocks to keep an eye on for the second half of the year.
Fiserv is set to achieve earnings growth in the mid-to-high teens, thanks to the Clover platform and its enterprise solutions, which are enhancing its merchant acquiring network and payroll integration. The latest earnings report from FI indicated a 13% increase in organic revenue, a 29% rise in Clover revenue, and improved EBIT margins, highlighting its strong earnings per share growth. Clover is expected to continue its strong performance, with revenue growth projected in the high 20s% for FY25, aided by new products and expansion into Brazil, Mexico, and Australia.
Shares of Fiserv, Inc. (FI) increased as significant investments came in after the company reported strong earnings and provided positive guidance.
On February 13, 2025, Javelin Strategy & Research published its first Small-Business Point-of-Sale (POS) System Scorecard for 2025. The report shows a highly competitive market where POS providers are striving to innovate quickly. As small businesses seek more advanced and customizable options, vendors are adapting their systems to become essential tools for growth.
The Zacks Style Scores help investors quickly identify highly-rated stocks that match their investment preferences. Here are some reasons why you should make use of this tool.
Fiserv's stock has increased by more than 55% in the last year, thanks to impressive results in the fourth quarter and the expansion of its Clover fintech platform. The company experienced a 13% rise in organic revenue, and its operating margins improved to 42.9%, indicating better efficiency. Clover's 29% growth and collaborations with DoorDash and Walmart demonstrate Fiserv's innovative approach and strong position in the fintech market, which is expected to drive further growth.
On Wednesday, Fiserv's shares reached an all-time high after the payments company announced earnings that exceeded expectations. Additionally, they provided revenue forecasts for the year that were higher than what analysts had predicted.
In the last quarter of the year, Fiserv's revenue growth was mainly supported by its merchant and financial solutions divisions, along with the increasing popularity of Clover, its main point-of-sale hardware and software. The company's payments acceptance platform, Commerce Hub, has also experienced considerable growth, according to management's statement on Wednesday (Feb.).