VISA Inc. (NYSE:V) shares are trading higher by about 2% on Thursday, near their 52-week high and outperforming the broader financial sector despite market weakness following hotter-than-expected CPI data and renewed rate-hike concerns.
• Visa stock is challenging resistance. Visa began testing stablecoin prefunding and payouts in 2025 to explore how the technology could improve cross-border funding, liquidity management and money transfers.
Visa Direct Global Head Vira Platonova said the company is seeing stablecoin initiatives translate into real-world deployments, offering businesses more flexible ways to fund and move money globally. See More: Top Momentum Stocks Visa Earnings Preview and Analyst Price TargetsThe countdown is on: VISA is set to report earnings on Oct.
27 (confirmed). 60.
Recent analyst moves include: Baird: Outperform (Raises target to $430 on Oct. 12) RBC Capital: Outperform (Raises target to $466 on Aug.
31) Wolfe Research: Outperform (Raises target to $460 on Aug. 15 at the time of publication on Thursday, according to Benzinga Pro data.
