Visa (V)

• Market cap: $615B
• 1 day: 0.90%
• 5 days: 0.94%
• 1 month: 3.36%
• 3 months: 11.57%
• 6 months: 14.77%
• Year to date: 22.73%
• 1 year: 23.57%
• 5 years: 68.99%
• 10 years: 381.01%
• 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)

16% more first-time investments, than exits

New positions opened: 215 | Existing positions closed: 185

11% more repeat investments, than reductions

Existing positions increased: 1,656 | Existing positions reduced: 1,494

7% more call options, than puts

Call options by funds: $4.22B | Put options by funds: $3.95B

1% more funds holding

Funds holding: 3,751 [Q2] → 3,781 (+30) [Q3]

0% less capital invested

Capital invested by funds: $413B [Q2] → $412B (-$895M) [Q3]

9% less funds holding in top 10

Funds holding in top 10: 421 [Q2] → 385 (-36) [Q3]

9.64% less ownership

Funds ownership: 99.85% [Q2] → 90.21% (-9.64%) [Q3]

Research analyst outlook

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

• Low target: $292 8% downside
• Avg. target: $339 7% upside
• High target: $375 18% upside

15 analyst ratings

• positive: 14 93%
• neutral: 1 7%
• negative: 0 0%

Oppenheimer Rayna Kumar 79% 1-year accuracy 15 / 19 met price target	18% upside $375	Outperform Maintained	19 Dec 2024
Morgan Stanley James Faucette 77% 1-year accuracy 20 / 26 met price target	17% upside $371	Overweight Maintained	18 Dec 2024
Susquehanna James Friedman 67% 1-year accuracy 42 / 63 met price target	18% upside $375	Positive Maintained	11 Dec 2024
Keefe, Bruyette & Woods Sanjay Sakhrani 55% 1-year accuracy 18 / 33 met price target	13% upside $360	Outperform Maintained	9 Dec 2024
Barclays Raimo Lenschow 59% 1-year accuracy 52 / 88 met price target	9% upside $347	Overweight Maintained	4 Nov 2024