Visa Inc. (V)
| Market Cap | 523.33B |
| Revenue (ttm) | 32.65B |
| Net Income (ttm) | 17.27B |
| Shares Out | 2.01B |
| EPS (ttm) | 8.28 |
| PE Ratio | 31.44 |
| Forward PE | 25.83 |
| Dividend | $2.08 (0.80%) |
| Ex-Dividend Date | Nov 8, 2023 |
| Volume | 2,633,587 |
| Open | 260.57 |
| Previous Close | 260.40 |
| Day's Range | 259.67 - 261.46 |
| 52-Week Range | 205.70 - 263.25 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 277.57 (+6.61%) |
| Earnings Date | Jan 25, 2024 |
About V
Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; ... [Read more]
Financial Performance
In 2023, Visa Inc.'s revenue was $32.65 billion, an increase of 11.41% compared to the previous year's $29.31 billion. Earnings were $17.27 billion, an increase of 15.48%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for V stock is "Buy." The 12-month stock price forecast is $277.57, which is an increase of 6.61% from the latest price.
News
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Visa is the best of breed in its sector, says Capital Wealth's Kevin Simpson
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Visa's Rollercoaster Ride - Navigating The Highs And Lows From Record Peaks To Sudden Retreats And The Resilient Climb Back Up - Visa (NYSE:V)
Visa Inc.'s V journey demonstrates its impressive growth trajectory. Between January 2009 and July 2021, the company experienced a staggering surge of 2140%.
American Express, Mastercard, Visa draw neutral rating at Monness Crespi Hardt initiates coverage
Monness Crespi Hardt & Co. on Wednesday launched coverage of American Express Co. AXP, +1.64%, Mastercard Inc. MA, +0.25% and Visa Inc. V, +0.63%, all with neutral ratings. While the three companies h...
Visa: Orchestration Layers and Aliases Pave the Way for Instant Payments Ubiquity
Ruben Salazar, senior vice president and global head of Visa Direct, told Karen Webster that the transition from traditional, ACH transactions toward faster payments is underway — but is not without i...
Intermex Partners With Visa to Expand Money Transfer Services
International Money Express (Intermex) has partnered with Visa to extend its money transfer services to more than 20 countries that it didn't previously serve. With this collaboration, Intermex custom...
Visa Adds Real-Time Money Movement to FinTech Fast Track
Visa is letting members of its FinTech Fast Track program join its Visa Direct platform. The move expands the program beyond card issuance and gives members access to real-time money movement capabili...
Visa Expands Fintech Fast Track to Drive the Next Generation of Money Movement
SAN FRANCISCO--(BUSINESS WIRE)--In today's evolving payments landscape, fintechs of all shapes and sizes are seeking to carve out their unique niche. Fintech builders need ways to differentiate their ...
Visa Acquires Majority Stake in Prosa to Boost Digital Payments in Mexico
Visa is acquiring a majority interest in Mexican payments processor Prosa to expand digital payment adoption in that country. The agreement, announced Friday (Dec. 15), will see Prosa continue to oper...
Visa Agrees to Acquire Majority Interest in Payments Processor Prosa
Visa entered into an agreement to acquire a majority interest in Prosa, a payments processor in Mexico.
Visa to Acquire a Majority Interest in Prosa to Accelerate Digital Payments Adoption in Mexico
MIAMI--(BUSINESS WIRE)--Visa (NYSE: V), a world leader in digital payments, announced today it has entered into a definitive agreement to acquire a majority interest in Prosa, a leading payments proce...
Visa's Provisioning Intelligence Service Wages War Against $450 Million in Token Fraud
The value of tokenization — where sensitive information is replaced by unique algorithmically generated numbers and letters — has gained wide acknowledgement in commerce. James Mirfin, Visa's global h...
Visa Provisioning Intelligence Launches to Combat Token Fraud
SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V), a global leader in payments, today announced the commercial launch of Visa Provisioning Intelligence (VPI), an AI-based product designed to combat token...
Payments regulator proposes cap on Mastercard, Visa cross-border fees
Britain's payments regulator on Wednesday provisionally proposed a cap on cross-border interchange fees charged by Mastercard and Visa on transactions made between the UK and European single market.
RevoluPAY introduces Visa Direct to enable instant P2P payments through RevoluSEND
Vancouver (Canada) and Madrid (Spain), Dec. 12, 2023 (GLOBE NEWSWIRE) -- Visa (NYSE: V) one of the world's leading digital payment companies, and RevoluPAY, a wholly owned subsidiary of RevoluGROUP Ca...
Lawsuit Accuses Visa of Electronic Payment Monopoly
Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. MiCamp Solutions, a provider of secure payment processing s...
Visa Picks Enfuce to Launch New Fleet Mobility Card
Payment processor Enfuce and Visa have expanded their partnership to introduce a new mobility card. The collaboration, announced Wednesday (Dec. 6), lets the two companies deliver the Visa Fleet 2.0 s...
What Charlie Munger and Grandma Ruth taught this money manager. His portfolio is up 50% this year.
At the start of 2023 and following a tough year, Christopher Tsai, president and chief investment officer of Tsai Capital, didn't think technology would generate a 50% return for his $110 million port...
Visa and Mastercard: Holding Both Is Wise
Visa Inc. (V, Financial) and Mastercard Inc. (MA, Financial) are in a constant battle for advancement in the payments industry. However, they are both equally compelling investments for a range of con...
Revenge Travel is Here to Stay, Visa Study Reveals
SAN FRANCISCO--(BUSINESS WIRE)--Today Visa (NYSE: V) announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends in consumer behaviors and pref...
Visa stock reaches all-time high on retail spending optimism
Visa (V) shares soared to a new all-time high Friday morning, continuing an upward trajectory for the stock since the company's last earnings report. In its recent financial results, Visa offered an o...
UK payments report calls for alternatives to Mastercard and Visa
Britain needs a "digital alternative" to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned by the government said on Wednesday.
Visa's stock on track for new record high, up almost 2200% from IPO price
Visa Inc. shares V were up 0.7% in Tuesday morning trading and on track to close at a new all-time high. The stock recently changed hands at $251.71; any close above the $250.93 recorded July 27, 2021...
Visa and Remitly Expand Collaboration to Digitally Streamline Global Remittance Market
Yanilsa Gonzalez-Ore, North America Head of Visa Direct and Global Ecosystem Readiness, and Remitly's CEO Matt Oppenheimer told PYMNTS cross-border money transfers are ripe for app-driven, digital mod...