MILWAUKEE - Fiserv Inc. held its Investor Day on Thursday, outlining medium-term financial outlook and strategic priorities through 2029. Shares trade at $52.37, near their 52-week low.
The payments and financial technology company maintained 2026 guidance of adjusted revenue growth of 1% to 3% and adjusted EPS of $8.00 to $8.30.
For the medium term, Fiserv expects adjusted revenue CAGR of 4% to 6% from 2026 to 2029. It projects adjusted operating margins above 37% in 2029 and double-digit adjusted EPS growth for 2027-2029, reaching over $12.00 in 2029.
Fiserv also expects free cash flow conversion of about 90% of adjusted net income for 2027-2029.
CEO Mike Lyons said, "Our businesses play a critical role across the financial ecosystem. The five pillars of the One Fiserv action plan translate into durable growth, expanding margins, strong cash generation, and disciplined capital allocation."
