Fiserv shares rose 5.42% on September 11 following remarks from new CEO Takis Georgakopoulos. He stated at a Goldman Sachs conference that the company’s turnaround is nearly complete.
Georgakopoulos projected the fourth quarter of 2026 will be the first clean reporting period. This follows a year of accounting adjustments and nonrecurring revenue comparisons that obscured financial performance.
The stock has declined more than 60% over the past year. This drop followed guidance cuts and an unexpected leadership change.
Distortions from prior-year comparisons impacted results for four consecutive quarters. The CEO now forecasts a return to predictable mid-single-digit adjusted revenue growth. This outlook aligns with targets established during the company’s May Investor Day.