Fiserv: Hated, Cheap, And About To Turn The Corner

Fiserv has experienced a ~70% stock price decline after management revealed last year that prior growth might have been inflated by non-recurring revenue items. New management's 'One Fiserv' strategy aims for an operational reset, with expectations of flat revenue and reduced EPS in 2026 but improved execution beyond Q2 of this year. Clover, FISV's business software segment, is showing promising growth and margin expansion, while Financial Solutions remains stable and mission-critical.