Core Viewpoint - JPMorgan downgraded Fiserv, Inc. (NASDAQ:FISV) to Neutral from Overweight, citing a challenging outlook for payment stocks in 2025, which is expected to be the worst performance year in 15 years, excluding pandemic years [2][3]. Group 1: Company Performance - Fiserv, Inc. is currently among the Top 15 Lowest P/E Ratios of the S&P 500 in 2025 [1]. - The stock has experienced a significant decline, down 68% year-to-date as of December 5 [4]. - The average share price target for Fiserv is $95.05, indicating a potential upside of 43% from its current levels [4]. Group 2: Market Outlook - The payment sector is projected to face a market slowdown and uncertainty regarding the return on investment (ROI) of new products in 2025 [2]. - JPMorgan emphasizes that companies in this sector must demonstrate their ability to deliver results while also investing in new areas, which carries both potential for success and risk of failure [3]. Group 3: Analyst Sentiment - Approximately two-thirds of the 35 Wall Street analysts covering Fiserv have assigned a Hold rating to the stock [4].
Here Is Why JPMorgan Downgraded Fiserv, Inc. (FISV) To Neutral