
What happened?
Shares of financial technology provider Fiserv (NASDAQ: FISV) jumped 6.7% in the afternoon session after investors continued to bid the stock higher on the company's third-quarter 2026 financial results.
According to the company's release, adjusted earnings were $1.75 a share, and sales were about flat. A non-cash charge left the company with an $11.17 loss per share. Fiserv raised its cost-savings goal to $1 billion, plans $500 million of buybacks this quarter, and kept its full-year earnings forecast of $7.20 to $7.40.
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What is the market telling us
Fiserv’s shares are somewhat volatile and have had 10 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
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