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VVisa Inc.
$422.65$789.1B
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 · Payment Processors & Networks
$422.65
At close - USD
Market Cap$789.11B
P/E41.4x
52W High$442.23
Volume9.18M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q4

Fee Growth Strong; Provision Release Distorts Earnings

Visa's fee-only model generated $12.1B of non-interest income in 2026Q4, roughly 36% above the $8.9B reported in 2024Q3, as cross-border normalization and value-added services appear to be sustaining double-digit revenue growth with NII structurally immaterial at -$44.0M in 2026Q3.

GrowthExpanding
ProfitabilityStrong
ValuationExpensive
TechnicalsStrong
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

+93% Peers

P/E is 93% above peer median

03

Market leadership

RS 88 · Leader

High momentum (Outperforming 88% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 27
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

Revenue reached $12.1B in 2026Q4 entirely from fee income (100.0% fee share) with NII at $0, while the -16.1B provision distorted the efficiency ratio to 50.0% versus an underlying 13.5%–24.7% range.

Analyst Consensus+5.1% 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 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
V+22.56%
S&P 500 (^GSPC)+7.63%
1-Year Return
V+26.23%
S&P 500 (^GSPC)+9.69%
3-Year Return
V+76.50%
S&P 500 (^GSPC)+68.79%
5-Year Return
V+96.41%
S&P 500 (^GSPC)+56.82%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
33.8x
Forward P/EExpansion
28.1x
EV/EBITDA100th %ile
27.0x
FCF YieldCash Flow
2.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
33.8x
28.3x
100th· High
EV/EBITDA
27.0x
23.0x
100th· High
Price/FCF
35.8x
29.8x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$255.50-39.5%
Base (Fair)$324.62-23.2%
Bull$318.07-24.7%
$255.50 Bear$324.62 Base$318.07 Bull
Current Market Price: $422.65
Trades at a 30.2% premium to Base DCF ($324.62)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$39.41B+11.7% YoY
Net income FY25
$20.06B+1.6% YoY
Free cash flow FY25
$21.58B+15.4% YoY
Operating margin FY25
60.9%-6.0 pts YoY
ROIC (FY25)29.2%
Avg ROIC 5Y-
ROE (FY25)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)
Q4 2026Latest
Oct 27, 2026
$3.48+1.2%
vs $3.44
$12.1B+0.4%
vs $12.1B
Q3 2026
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
$3.17+1.0%
vs $3.14
$10.9B+2.0%
vs $10.7B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·1d ago
November Buy: 6 IDEAL S&P 500 'Safer' Dividend Dogs

Six S&P 500 'safer' high-yield dividend stocks—Regions Financial, Ford, AT&T, Pfizer, Verizon, VICI Properties—currently offer attractive buy signals based on free cash flow yields. Analyst projections for the top ten S&P 500 dividend dogs indicate potential net gains of 14.54% to 40.07% by November 2027, with an average estimated gain of 27.42%. Dividend dog strategy favors stocks where annual dividends from $1,000 invested exceed single-share prices and free cash flow yields surpass dividend yields.

Seeking Alpha·1d ago
8%+ Yields Without The Sleepless Nights: My Top 2 Picks

Most retirees aren't trying to beat the market. They want reliable monthly income that pays the bills without causing sleepless nights. The catch is that high yield and peace of mind tend to pull in opposite directions, and many tempting high-yielders have let investors down. The way out is a deliberate compromise: give up big growth in return for income you can count on and stable capital.

Investors Business Daily·1d ago
Top Funds Feast On Shell, Microsoft, Palantir And 24 More Stocks

The best mutual funds place massive bets on Microsoft, Palantir and Apple. But that's just the start.

Benzinga·1d ago
Nasdaq's 5.5% Wipeout And AI's Next Reality Check—IRS' New Tax Brackets

THE AI TRADE HITS THE BRAKES—A Nasdaq correction. A rebound in oil.

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
$422.65$789.11B41.4411.69%50.89%52.07%0.56%
MA logoMAMastercard Incorporated
$652.70$576.71B39.5116.53%47.8%252.94%0.47%
AXP logoAXPAmerican Express Company
$320.99$216.77B20.879.52%13.68%5.71%1.02%
PYPL logoPYPLPayPal Holdings, Inc.
$59.24$52.26B10.954.19%13.94%23.76%0.23%
FIS logoFISFidelity National Information Services, Inc.
$28.73$14.85B38.315.43%27.15%22.56%5.68%
FISV logoFISVFiserv, Inc.
$62.88$33.53B9.923.6%-18.9%-15.72%—

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

Oct 27, 2026·SEC

Material company update

Jul 28, 2026·SEC

Material company update

Jul 15, 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% in fiscal year 2025, compared with the prior fiscal year.

Is V profitable?

Yes. Visa Inc. (V) earned $23.50B in net income over the trailing twelve months (a 52.5% net margin).

Dividend & Returns
Does V pay dividends?

Yes. Visa Inc. (V) pays a dividend that yields 0.56% at the current price, a small yield.

What is V's return on equity?

Visa Inc. (V) had a return on equity (ROE) of 52.1% in fiscal year 2025. That is well above the market's typical 10-15%.

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 20.7%. 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 →