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VVisa Inc.
$362.04$675.9B
Overview & Tools
OverviewChart Terminal ↗AnalysisVisualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
V logo

Visa Inc.

V
NYSE · Credit Services
$362.04
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$675.95B
P/E35.5x
52W High$385.54
Volume8.76M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Fee-Based Model Drives Margin Expansion Amid Litigation Risks

Visa's asset-light, fee-based model continues to deliver robust revenue growth and exceptional profitability, with net revenue up 14% YoY to $11.6B in 2026Q3 and an efficiency ratio of 17.3%. The company's dominant network position and expansion into value-add...

GrowthAccelerating
ProfitabilityStrong
ValuationExpensive
TechnicalsMixed
Explore valuation models
MARKET ACTION

V price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

+66% Peers

P/E is 66% above peer median

03

Market leadership

RS 68 · Avg

Average momentum (RS Rating: 68)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 28
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Visa's revenue growth accelerated to 14% YoY in 2026Q3, reaching $11.6B, while operating margin expanded to 59.5% and efficiency ratio improved to 17.3%, reflecting strong operating leverage.

Analyst Consensus+16.6% target
Buy(62 analysts)
53 Buy9 Hold0 Sell

The Bull Case

Upside Catalysts

Strong Financial Performance and Growth

Visa has demonstrated robust financial health, with recent earnings exceeding expectations and year-over-year revenue increases, and profit margins nearing 50%.

Shareholder Returns and Confidence

A substantial $20 billion stock buyback authorization signals management's confidence in the stock's value and aims to enhance shareholder returns.

Dominant Market Position

Visa operates a global duopoly in open-loop card networks, providing a stable revenue stream and significant pricing power.

The Bear Case

Key Downside Risks

Legal and Regulatory Scrutiny

Visa faces ongoing legal challenges, including a proposed $200 billion swipe-fee settlement, posing a material risk to its financial outlook.

Competition and Disruption

Emerging technologies like stablecoins present a credible long-term threat to interchange economics, with uncertain immediate financial impacts.

Market Volatility and Economic Conditions

Consumer spending and transaction volumes can be significantly influenced by market volatility, with concerns about a slowdown in U.S. payment volume growth.

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
V+5.07%
S&P 500 (^GSPC)+13.20%
1-Year Return
V+5.91%
S&P 500 (^GSPC)+15.98%
3-Year Return
V+57.04%
S&P 500 (^GSPC)+77.16%
5-Year Return
V+67.21%
S&P 500 (^GSPC)+70.98%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
35.5x
Forward P/EExpansion
27.4x
EV/EBITDA80th %ile
27.0x
FCF YieldCash Flow
3.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
35.5x
28.3x
80th· High
EV/EBITDA
27.0x
23.0x
80th· High
Price/FCF
31.3x
29.8x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$254.99-29.6%
Base (Fair)$318.69-13.5%
Bull$317.04-12.4%
$254.99 Bear$318.69 Base$317.04 Bull
Current Market Price: $362.04
Trades at a 13.6% premium to Base DCF ($318.69)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$39.41B+11.7% YoY
Net income
$20.06B+1.6% YoY
Free cash flow
$21.58B+15.4% YoY
Operating margin
60%-5.7 pts YoY
ROIC (TTM)29.2%
Avg ROIC 5Y-
ROE (TTM)52.1%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 28, 2026
$3.32+2.8%
vs $3.23
$11.6B+2.0%
vs $11.4B
Q2 2026
Apr 28, 2026
$3.31+6.8%
vs $3.10
$11.2B+4.5%
vs $10.8B
Q1 2026
Jan 29, 2026
$3.32+5.7%
vs $3.14
$11.6B+8.8%
vs $10.7B
Q4 2025
Oct 28, 2025
$2.98+0.3%
vs $2.97
$10.7B+1.0%
vs $10.6B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
PYMNTS·17h ago
Visa and Mastercard Help Moov Launch P2P Payment Solution

Moov has announced Moov Money, a real-time, person-to-person (P2P) payment solution. Created in collaboration with Visa and Mastercard, Moov Money lets consumers send and receive funds through their digital banking provider with just an eligible debit card and a trusted mobile phone connection, the company announced Tuesday (Sept.

PYMNTS·1d ago
Visa Says Small Merchants Could Move Faster on AI Shopping

Watch more: Need to Know With Visa's Sara Craven Small merchants are preparing for a customer who may find them through artificial intelligence before ever visiting their website, app or store. They aren't particularly ready.

Zacks Investment Research·1d ago
Visa Inc. (V) is Attracting Investor Attention: Here is What You Should Know

Visa (V) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Defense World·2d ago
Visa (NYSE:V) & Coincheck Group (NASDAQ:CNCK) Critical Analysis

Coincheck Group (NASDAQ: CNCK - Get Free Report) and Visa (NYSE: V - Get Free Report) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, dividends, risk, profitability, analyst recommendations and institutional ownership. Profitability This table compares Coincheck Group and Visa's net

Filtered for Visa Inc.More Headlines
04

Compare before deciding

Benchmark V against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Visa Inc. (V)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
V logoVVisa Inc.Current
$362.04$675.95B35.4911.69%50.14%52.07%0.65%
MA logoMAMastercard Incorporated
$555.89$491.17B33.6516.53%46.34%232.28%—
AXP logoAXPAmerican Express Company
$305.07$206.02B19.849.52%10.89%5%—
PYPL logoPYPLPayPal Holdings, Inc.
$52.89$46.65B9.784.19%14.36%24.42%—
FIS logoFISFidelity National Information Services, Inc.
$34.98$18.08B46.645.43%27.15%22.56%—
FISV logoFISVFiserv, Inc.
$46.10$24.58B7.273.6%13.42%10.76%—

Compare V vs Peers

Visa Inc. (V) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MA

Most directly comparable listed peer for V.

Scale Benchmark

vs JPM

Larger-name benchmark to compare V against a more recognizable public peer.

Peer Set

Compare Top 5

vs MA, AXP, PYPL, FIS

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

V SEC Filings & Documents

Visa Inc. (V) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 28, 2026·SEC

Material company update

Jul 15, 2026·SEC

Material company update

Jun 26, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 6, 2025·SEC

FY 2024

Nov 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 29, 2026·SEC

FY 2026

Apr 29, 2026·SEC

FY 2026

Jan 30, 2026·SEC

Get notified when V posts new earnings or crosses analyst targets

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V Frequently Asked Questions

Visa Inc. (V) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Visa Inc. growing?

Visa Inc. (V) grew revenue by 11.7% over the past year. This is steady growth.

Is V profitable?

Yes, Visa Inc. (V) is profitable, generating $22.59B in net income for fiscal year 2025 (50.1% net margin).

Dividend & Returns
Does V pay dividends?

Yes, Visa Inc. (V) pays a dividend with a yield of 0.65%. This makes it attractive for income-focused investors.

What is V's return on equity?

Visa Inc. (V) has a return on equity (ROE) of 52.1%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics
What is Visa Inc.'s net interest margin?

Visa Inc. (V) has a net interest margin (NIM) of -0.6%. NIM has been under pressure due to interest rate environment.

What is Visa Inc.'s efficiency ratio?

Visa Inc. (V) has an efficiency ratio of 20.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in V back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →