Business UpdateMay 14, 2026, 08:17 AM
Fiserv Investor Day: Targets >$12 EPS & >37% Margin by 2029
AI Summary
Fiserv, Inc. is hosting its Investor Day to present its strategy, execution priorities, and medium-term financial outlook. The company reaffirmed its 2026 adjusted and organic revenue growth guidance of 1% to 3% and adjusted EPS of $8.00 to $8.30. For the medium term (2026-2029), Fiserv projects an adjusted revenue CAGR of 4% to 6%, adjusted operating margins over 37% by 2029, and adjusted EPS exceeding $12.00 by 2029, with double-digit growth for 2027-2029.
Key Highlights
- Fiserv reaffirms 2026 adjusted and organic revenue growth of 1% to 3%.
- Fiserv reaffirms 2026 adjusted earnings per share of $8.00 to $8.30.
- Company expects adjusted revenue CAGR of 4% to 6% from 2026 to 2029.
- Fiserv targets adjusted operating margins exceeding 37% by 2029.
- Adjusted earnings per share are projected to exceed $12.00 by 2029.
- Company anticipates double-digit adjusted EPS growth for 2027 to 2029.
- Free cash flow conversion is expected to be approximately 90% for 2027-2029.
- Investor Day highlights the 'One Fiserv action plan' for durable growth.