Visa (NYSE:V – Get Free Report) was upgraded by investment analysts at BMO Capital Markets to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.
V has been the topic of a number of other reports. Truist Financial set a $372.00 price objective on Visa in a research note on Tuesday, February 10th. TD Cowen reiterated a “buy” rating on shares of Visa in a research note on Friday, January 30th. Citigroup dropped their price objective on Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Freedom Capital upgraded Visa from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th. Finally, Rothschild & Co Redburn set a $385.00 price target on Visa in a research note on Wednesday, January 28th. Seven investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Visa currently has an average rating of “Buy” and an average target price of $388.25.
Check Out Our Latest Report on Visa
Visa Trading Up 0.4%
Visa (NYSE:V – Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The credit-card processor reported $3.17 EPS for the quarter, topping analysts’ consensus estimates of $3.14 by $0.03. The business had revenue of $10.90 billion for the quarter, compared to analyst estimates of $10.69 billion. Visa had a return on equity of 61.74% and a net margin of 50.23%.The firm’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.75 earnings per share. Equities research analysts forecast that Visa will post 12.84 earnings per share for the current year.
Insider Transactions at Visa
In related news, Director Lloyd Carney sold 650 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total transaction of $201,253.00. Following the transaction, the director directly owned 2,679 shares in the company, valued at $829,471.98. The trade was a 19.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.12% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Visa
Several institutional investors and hedge funds have recently added to or reduced their stakes in V. Clayton Financial Group LLC grew its stake in shares of Visa by 446.2% in the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock valued at $25,000 after purchasing an additional 58 shares during the period. PayPay Securities Corp grew its stake in shares of Visa by 102.7% in the 4th quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 38 shares during the period. Cresta Advisors Ltd. bought a new stake in shares of Visa in the 4th quarter valued at approximately $26,000. Parvin Asset Management LLC grew its stake in shares of Visa by 200.0% in the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 50 shares during the period. Finally, Dorato Capital Management bought a new stake in shares of Visa in the 4th quarter valued at approximately $30,000. 82.15% of the stock is currently owned by institutional investors.
Visa News Summary
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched a validator node on the Tempo blockchain as part of its push into stablecoin and on?chain settlement infrastructure, reinforcing its positioning to capture future crypto settlement flows. Visa Inc. (V) Tempo Blockchain Integration Asserts Stablecoin Opportunities Push
- Positive Sentiment: Visa is partnering with TikTok to launch a creator-focused debit card in the U.K., expanding product reach into the fast-growing creator economy and creating new transaction volume opportunities. Visa Teams With TikTok on Creator-Focused Debit Card
- Positive Sentiment: Cardano’s new physical debit card runs on the Visa network — a potential source of incremental transaction volume as more crypto-native payment products route through Visa rails. Cardano Launches Visa Debit Card With 8% Cryptoback
- Positive Sentiment: Visa earned a nomination for Best Stablecoin Infrastructure and joined the Backbone coalition, both signaling industry recognition and expanded partnerships that can aid regulatory and market access. BeInCrypto 100 Institutional Awards Nomination: Visa for Best Stablecoin Infrastructure Backbone Coalition Expands to 30 Members as Visa Joins Coalition
- Neutral Sentiment: Visa’s Commercial Enhanced Data Program replaced Level 2 interchange with incentives for richer Level 3 B2B data; this rewires incentives for corporate cards and may take time for customers to adapt. It’s Level 3 or Bust as Visa’s Interchange Shift Rewires B2B Data
- Neutral Sentiment: Analyst previews note expected mid?teens revenue and earnings growth for fiscal Q2 but flag higher costs and incentives that could limit upside; investors are focused on the April 28 print. Visa’s Q2 Earnings Countdown: Buy the Dip or Wait for the Print? Visa (V) Earnings Expected to Grow: Should You Buy?
- Neutral Sentiment: Valuation note: some writers see current levels as an entry opportunity while others warn of macro/earnings risks; this frames mixed investor sentiment into near term. Is Visa (V) Attractively Priced After Recent Global Payments Headlines?
- Negative Sentiment: Market reaction: Visa recently experienced a pullback larger than the broader market in intraday trading, reflecting investor caution ahead of earnings and execution risks around new initiatives. Visa (V) Suffers a Larger Drop Than the General Market: Key Insights
About Visa
Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.
Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.
Further Reading
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