Fiserv hosts investor day, provides medium-term outlook through 2029
Fiserv Inc. (NASDAQ: FISV) held its investor day, where the company outlined its strategy and provided financial projections for 2026 and through 2029, according to a company statement.
The Milwaukee-based payments and financial services technology provider expects adjusted and organic revenue growth of 1% to 3% for 2026, with adjusted earnings per share projected between $8.00 and $8.30.
For the medium term spanning 2026 to 2029, Fiserv anticipates a compounded annual growth rate for adjusted revenue of 4% to 6%. The company projects adjusted operating margins exceeding 37% by 2029 and adjusted earnings per share growth in the double-digit range from 2027 to 2029, reaching more than $12.00 in 2029.
Chief Executive Officer Mike Lyons stated that the company's One Fiserv action plan focuses on opportunities at the intersection of its Merchant and Financial Solutions businesses. The plan includes five pillars aimed at generating growth, expanding margins, and improving cash generation.
The presentations featured Lyons alongside Co-President and Head of Merchant Solutions Takis Georgakopoulos, Co-President and Head of Financial Solutions Dhivya Suryadevara, and Chief Financial Officer Paul Todd.
Fiserv also expects free cash flow conversion of approximately 90% of adjusted net income for the 2027 to 2029 period. The company's 2025 adjusted revenue was $19.8 billion, excluding postage reimbursements.
The event included product demonstrations showcasing how the company's platforms enable merchants and financial institutions to operate in digital and real-time environments.
