10 Best Performing IT Services Stocks to Buy According to Analysts

5. Fiserv Inc. (NYSE:FI)

YTD returns: 15%

Potential Upside: 12%

Number of Hedge Fund Holders: 80

Fiserv Inc. (NYSE:FI) provides payment processing, digital banking, and fintech solutions for businesses, banks, and financial institutions. The company enables seamless financial transactions through credit card processing, point-of-sale systems, mobile banking, and fraud prevention technologies.

Fiserv Inc. (NYSE:FI) reported strong Q4 2024 results on February 5. Adjusted revenue for the quarter grew 7% year-over-year to $4.9 billion, with adjusted organic growth reported at 13%. Adjusted EPS also increased a robust 15% in the quarter. Guidance for 2025 was also solid with organic revenue growth expected at 10% to 12% and adjusted EPS growth of 15% to 17%. Supported by its strong financial profile and robust results, shares have gained around 15% YTD.

The results were seen as positive by analysts and there were widespread upward revisions in price targets. Barclays analyst Ramsey El-Assal maintained his Overweight rating on Fiserv Inc. (NYSE:FI) and raised his price target to $265 from $235. An analyst from TD Cowen raised his price target to $277 from $235 and reaffirmed a Buy rating. The analyst was bullish given his estimates that growth is going to accelerate in FY 2025 as the company ramps up new products and partnerships. He also believed that better valuation should be supported by a resilient financial profile and earnings growth consistency.