Dec. 23 at 7:00 PM
$FISV I know everyone’s waiting for a bounce as am I, however, I wanted to share a few thoughts to those that seek some sort of explanation. I have lost around
$60K on this.
1. Yes, the stock looks undervalued, but that doesn’t mean it snaps back to pre-ER levels anytime soon. stocks don't necessarily hover around their fair value levels.
2. Terrible ER, full-year guide cut, and leadership changes hurt their credibility, which will take time to recover
3. Stock seems to have found a floor in the high
$60S and will likely chop around here (+/- 5–10%) until the February ER.
4. Institutions will be focused on the next ER to decide whether Q3 was a one-off or something more structural. I lean toward one-off, but growth isn’t going back to 2023/24 levels. The Argentina tailwind is largely gone.
5. Execution on “One Fiserv” will matter a lot before real institutional interest comes back.
6. Realistically, no other potential news or catalyst is likely to move the stock as much as the next ER.
