Visa (V)

• Market cap: $619B
• 1 day: 0.75%
• 5 days: 4.79%
• 1 month: 0.41%
• 3 months: 10.07%
• 6 months: 17.21%
• Year to date: 1.66%
• 1 year: 19.87%
• 5 years: 56.14%
• 10 years: 397.77%
• 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)

66% more first-time investments, than exits

New positions opened: 216 | Existing positions closed: 130

11% more repeat investments, than reductions

Existing positions increased: 1,657 | Existing positions reduced: 1,498

6% more call options, than puts

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

1% more funds holding

Funds holding: 3,754 [Q2] → 3,788 (+34) [Q3]

0% less capital invested

Capital invested by funds: $417B [Q2] → $416B (-$1.53B) [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 9% downside
• Avg. target: $342 7% upside
• High target: $375 17% upside

16 analyst ratings

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

Citigroup Andrew Schmidt 75% 1-year accuracy 6 / 8 met price target	11% upside $354	Buy Maintained	14 Jan 2025
Wells Fargo Donald Fandetti 67% 1-year accuracy 22 / 33 met price target	13% upside $360	Overweight Maintained	3 Jan 2025
Oppenheimer Rayna Kumar 74% 1-year accuracy 14 / 19 met price target	17% upside $375	Outperform Maintained	19 Dec 2024
Morgan Stanley James Faucette 59% 1-year accuracy 16 / 27 met price target	16% upside $371	Overweight Maintained	18 Dec 2024
Susquehanna James Friedman 58% 1-year accuracy 38 / 65 met price target	17% upside $375	Positive Maintained	11 Dec 2024