Fintech company Fiserv slashes guidance, shuffles leadership after big earnings miss

Fiserv shares careened to their lowest level in more than five years after the fintech payment company badly missed Wall Street’s profit targets, lowered its forecast and announced a shake-up in leadership. The company, which owns the point-of-sale business management platform Clover, cut its full-year revenue growth outlook on Wednesday to between 3.5% and 4%, down from the previous 10%. The company now expects 2025 profit-per-share between $8.50 and $8.60 per share, down from previous guidance of up to $10.30 per share. Fiserv shares tumbled nearly 41% Wednesday and have lost nearly 70% of their value since hitting a 2025 high of nearly $238 in early March.