Fiserv (FI, Financial) has unveiled plans to establish a new strategic fintech hub in Overland Park, which is recognized as the largest suburb within the Kansas City metropolitan area. This initiative is projected to generate around 2,000 employment opportunities, significantly contributing to the local economy.
The move aligns with Fiserv's broader strategy to foster collaboration and stimulate innovation, ultimately enhancing the quality of products and services offered to clients. The opening of the Kansas office is anticipated to occur later this year, marking a substantial development in Fiserv's expansion efforts.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for Fiserv Inc (FI, Financial) is $242.75 with a high estimate of $300.00 and a low estimate of $136.00. The average target implies an upside of 16.34% from the current price of $208.66. More detailed estimate data can be found on the Fiserv Inc (FI) Forecast page.
Based on the consensus recommendation from 37 brokerage firms, Fiserv Inc's (FI, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Fiserv Inc (FI, Financial) in one year is $159.52, suggesting a downside of 23.55% from the current price of $208.66. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Fiserv Inc (FI) Summary page.
