Visa (V)

• Market cap: $672B
• 1 day: -0.56%
• 5 days: -1.66%
• 1 month: 7.69%
• 3 months: 12.47%
• 6 months: 29.95%
• Year to date: 10.86%
• 1 year: 25.93%
• 5 years: 66.91%
• 10 years: 410.67%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

403% more first-time investments, than exits

New positions opened: 478 | Existing positions closed: 95

35% more funds holding in top 10

Funds holding in top 10: 388 [Q3] → 522 (+134) [Q4]

16% more capital invested

Capital invested by funds: $416B [Q3] → $481B (+$65B) [Q4]

5% more funds holding

Funds holding: 3,801 [Q3] → 3,995 (+194) [Q4]

4% more repeat investments, than reductions

Existing positions increased: 1,582 | Existing positions reduced: 1,524

10% less call options, than puts

Call options by funds: $5.76B | Put options by funds: $6.38B

3.59% less ownership

Funds ownership: 90.94% [Q3] → 87.35% (-3.59%) [Q4]

Research analyst outlook

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

• Low target: $363 4% upside
• Avg. target: $389 12% upside
• High target: $410 18% upside

13 analyst ratings

• positive: 12 92%
• neutral: 1 8%
• negative: 0 0%

Susquehanna James Friedman 62% 1-year accuracy 43 / 69 met price target	18% upside $410	Positive Maintained	21 Feb 2025
Barclays Ramsey El-Assal 70% 1-year accuracy 40 / 57 met price target	14% upside $396	Overweight Maintained	3 Feb 2025
Citigroup Andrew Schmidt 90% 1-year accuracy 9 / 10 met price target	13% upside $393	Buy Maintained	31 Jan 2025
UBS Rayna Kumar 83% 1-year accuracy 20 / 24 met price target	15% upside $400	Buy Maintained	31 Jan 2025
JP Morgan Tien-Tsin Huang 69% 1-year accuracy 69 / 100 met price target	8% upside $375	Overweight Maintained	31 Jan 2025