Visa (NYSE:V – Get Free Report) had its price target reduced by research analysts at Citigroup from $450.00 to $400.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the credit-card processor’s stock. Citigroup’s price target would suggest a potential upside of 26.60% from the company’s previous close.
Several other brokerages have also recently commented on V. Piper Sandler set a $160.00 price target on shares of Visa in a research report on Wednesday, January 28th. Daiwa Securities Group raised shares of Visa from a “neutral” rating to an “outperform” rating and set a $370.00 price target on the stock in a research report on Monday, February 2nd. Macquarie Infrastructure reaffirmed an “outperform” rating and set a $410.00 price target on shares of Visa in a research report on Friday, January 30th. Bank of America started coverage on shares of Visa in a research report on Thursday, March 5th. They set a “buy” rating and a $410.00 price target on the stock. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $395.00 price target on shares of Visa in a research report on Friday, January 30th. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $388.88.
Visa Stock Up 1.5%
Visa (NYSE:V – Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The credit-card processor reported $3.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.14 by $0.03. Visa had a return on equity of 61.74% and a net margin of 50.23%.The firm had revenue of $10.90 billion during the quarter, compared to the consensus estimate of $10.69 billion. During the same period in the prior year, the firm earned $2.75 EPS. The firm’s quarterly revenue was up 14.6% compared to the same quarter last year. Research analysts anticipate that Visa will post 11.3 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, Director Lloyd Carney sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the sale, the director directly owned 2,679 shares in the company, valued at approximately $829,471.98. This trade represents a 19.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.12% of the company’s stock.
Institutional Trading of Visa
A number of large investors have recently added to or reduced their stakes in V. Insight Wealth Strategies LLC increased its stake in shares of Visa by 1.6% in the 3rd quarter. Insight Wealth Strategies LLC now owns 1,875 shares of the credit-card processor’s stock worth $640,000 after acquiring an additional 29 shares during the last quarter. Old Port Advisors increased its stake in shares of Visa by 0.9% in the 3rd quarter. Old Port Advisors now owns 3,423 shares of the credit-card processor’s stock worth $1,169,000 after acquiring an additional 29 shares during the last quarter. Carr Financial Group Corp grew its holdings in shares of Visa by 2.4% during the 3rd quarter. Carr Financial Group Corp now owns 1,290 shares of the credit-card processor’s stock worth $440,000 after purchasing an additional 30 shares during the period. Define Financial LLC grew its holdings in shares of Visa by 4.0% during the 3rd quarter. Define Financial LLC now owns 779 shares of the credit-card processor’s stock worth $266,000 after purchasing an additional 30 shares during the period. Finally, Patron Partners LLC grew its holdings in shares of Visa by 0.6% during the 3rd quarter. Patron Partners LLC now owns 4,648 shares of the credit-card processor’s stock worth $1,587,000 after purchasing an additional 30 shares during the period. 82.15% of the stock is currently owned by institutional investors.
Key Headlines Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched and is operating an in‑house validator node on Stripe’s Tempo blockchain as an “anchor” validator, placing Visa into the transaction‑validation layer for real‑time stablecoin payments — a direct step toward new on‑chain payment volumes and settlement revenue. Visa Expands Blockchain Payment With Tempo Validator Node Launch
- Positive Sentiment: Coverage highlights Visa’s broader on‑chain ambitions and partnerships (including working alongside Stripe and Zodia Custody), signaling a strategic pivot into crypto infrastructure that could expand addressable payments flow. Visa extends its on-chain ambitions
- Positive Sentiment: Visa announced a partnership with Neat to embed AI‑powered insurance and medical services into cards in Europe — a product innovation that can increase card engagement and stickiness across business customers and consumers. How Will Visa’s Neat Partnership Help Boost Engagement and Growth?
- Positive Sentiment: Fundamentals remain supportive: analysts point to recent revenue and EPS beats and healthy margins, reinforcing investor confidence in Visa’s long‑term growth profile. Visa (V) Laps the Stock Market: Here’s Why
- Neutral Sentiment: Visa and Bank of America are promoting merchant readiness for the FIFA World Cup, which could boost cross‑border and merchant volumes seasonally but is not an immediate structural change. Visa and Bank of America Want Merchants to Get World Cup-Ready
- Neutral Sentiment: Citigroup lowered its price target from $450 to $400 while keeping a buy rating — this narrows analyst upside expectations but leaves a meaningful positive view intact. Benzinga coverage
- Negative Sentiment: A lawsuit alleging lack of transparency in a separate “Gold Card” Visa program tied to the former administration introduces reputational/legal noise; impact on Visa’s core business appears limited but is a headline risk. Trump’s ‘Gold Card’ Visa Program Hit With New Lawsuit
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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