Visa Inc. (NYSE:V) stock was in focus Wednesday after the payments giant reported better-than-expected fourth-quarter earnings Tuesday, prompting several analysts to raise their price forecasts.
44. 084 billion.
Through Oct. S.
payments volume increased 10% year over year, driven by 11% growth in credit and 9% growth in debit transactions. Cross-border volume, excluding intra-Europe transactions, rose 15%.
E-commerce volume climbed 17%, while travel volume increased 13%. Processed transactions grew 10%.
CEO Ryan McInerney said Visa generated record fiscal 2026 revenue of $46 billion, up 15%. That marked its strongest growth in more than 15 years, excluding the post-pandemic recovery and acquisitions.
Visa also increased its quarterly dividend to 78 cents per share from 67 cents. Fiscal 2027 Revenue and Earnings Outlook Visa expects adjusted net revenue to grow at a low-double-digit rate in fiscal 2027, with adjusted earnings per share increasing between the low double digits and low teens.
The company forecasts adjusted operating expense growth slightly below revenue growth. Visa expects value-added services revenue to grow in the low-to-mid-20% range in fiscal 2027.
The company expects pricing benefits similar to fiscal 2026, with most of the impact concentrated in the second half. The forecast assumes stable economic conditions and resilient consumer spending.
However, tensions in the Middle East could pressure cross-border travel across the Central and Eastern Europe, Middle East and Africa region. Visa expects volatility to remain near fiscal fourth-quarter 2026 levels, with the greatest impact in the second quarter.
The company plans to invest in tokenization, payment credentials, acceptance, money movement, security, blockchain and agentic commerce. Visa also expects to complete its BioCatch acquisition by the end of its fiscal second quarter of 2027, pending regulatory approval.
Read Also: Visa Analysts Increase Their Forecasts Following Upbeat Q3 Earnings First-Quarter Fiscal 2027 Forecast Visa expects adjusted net revenue and operating expenses to grow at low-double-digit rates in the fiscal first quarter. Revenue growth is expected to be just under one percentage point below the fourth-quarter rate, primarily reflecting the absence of FIFA-related revenue and pricing benefits.
Adjusted earnings per share are expected to grow at the low end of the mid-teens range. Analysts Raise Visa Price Forecasts Cantor Fitzgerald analyst Ramsey El-Assal maintained its Overweight rating with a $445 price forecast.
The analyst said resilient consumer spending and favorable economic conditions helped Visa exceed fourth-quarter revenue and earnings expectations. El-Assal said Visa’s first-quarter and full-year fiscal 2027 forecasts were broadly in line with expectations.
Payment trends through Oct. 21 remained at or above fourth-quarter averages, although growth moderated slightly from September.
TD Cowen analyst Bryan C. Bergin maintained a Buy rating and raised his price forecast to $450 from $420.
Bergin said Visa delivered a strong quarter and finished fiscal 2026 on solid footing. Growth across core payments, commercial and money movement solutions, and value-added services supported the results.
Piper Sandler analyst Bill Carcache maintained an Overweight rating and increased his price forecast to $479 from $430. 18.
83 per share. 51 at the time of publication on Wednesday, according to Benzinga Pro data.
