Fiserv (NYSE:FI), a renowned fintech company, has demonstrated remarkable growth within the last three years with an upturn of 120%. Besides growing its earnings, Fiserv saw a compounded annual growth rate (CAGR) of 32%. They recently joined forces with ADP to create solutions tailored for small businesses. The company has also received an average rating of 'Moderate Buy' from analysts, contributing to its 7.7% rise since the last earnings report. In similar vein, several trusts and company insiders have invested in Fiserv. The company’s Clover’s global expansion has further boosted fintech growth. Despite some sales by insiders, Fiserv’s third-quarter earnings beat estimates and showcased growth despite no major fundamental changes. Furthermore, Fiserv was noted as a preferred stock for both hedge and mutual funds like Goldman Sachs. The company also bagged the number one spot in the IDC FinTech Rankings for the second consecutive year. Fiserv’s strategic partnership with PayPal aims to enhance checkout experiences in the U.S., signaling potential for continuous growth. Fiserv’s third-quarter earnings highlighted their commitment to embedded finance and their Pay-by Bank pact. Overall, Fiserv’s performance highlights its position as a promising fintech investment.
Fiserv FI News Analytics from Fri, 19 Jul 2024 07:00:00 GMT to Sat, 30 Nov 2024 15:02:45 GMT -
Rating 9
- Innovation 6
- Information 7
- Rumor -3
