Visa (V)

• Market cap: $599B
• 1 day: 0.71%
• 5 days: -0.61%
• 1 month: -2.15%
• 3 months: 10.12%
• 6 months: 15.14%
• Year to date: -1.69%
• 1 year: 16.53%
• 5 years: 57.66%
• 10 years: 383.78%
• Sector: Industrials
• Industry: Business Services

About: Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.

Employees: 31,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

65% more first-time investments, than exits

New positions opened: 215 | Existing positions closed: 130

11% more repeat investments, than reductions

Existing positions increased: 1,657 | Existing positions reduced: 1,496

6% more call options, than puts

Call options by funds: $4.24B | Put options by funds: $3.99B

1% more capital invested

Capital invested by funds: $417B [Q2] → $422B (+$4.46B) [Q3]

1% more funds holding

Funds holding: 3,753 [Q2] → 3,785 (+32) [Q3]

8% less funds holding in top 10

Funds holding in top 10: 421 [Q2] → 387 (-34) [Q3]

9.88% less ownership

Funds ownership: 100.81% [Q2] → 90.93% (-9.88%) [Q3]

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $292 6% downside
• Avg. target: $342 11% upside
• High target: $375 21% upside

16 analyst ratings

• positive: 15 94%
• neutral: 1 6%
• negative: 0 0%

Citigroup Andrew Schmidt 67% 1-year accuracy 4 / 6 met price target	15% upside $354	Buy Maintained	14 Jan 2025
Wells Fargo Donald Fandetti 55% 1-year accuracy 18 / 33 met price target	16% upside $360	Overweight Maintained	3 Jan 2025
Oppenheimer Rayna Kumar 74% 1-year accuracy 14 / 19 met price target	21% upside $375	Outperform Maintained	19 Dec 2024
Morgan Stanley James Faucette 58% 1-year accuracy 15 / 26 met price target	20% upside $371	Overweight Maintained	18 Dec 2024
Susquehanna James Friedman 54% 1-year accuracy 35 / 65 met price target	21% upside $375	Positive Maintained	11 Dec 2024