Last updated: May 21, 2026 · ← Back to Stock Fact Sheets
NYSE: V
Visa Inc.
Payment network · San Francisco, CA · CEO: Ryan McInerneyLive price: Yahoo Finance →
Q1 FY26 · Jan 2026
Q1 FY26 revenue
$10.9BRevenue growth
+15% YoYNon-GAAP EPS
$3.17EPS growth
+15% YoYCross-border vol.
+11% YoYNo credit risk
Network onlyFY26 EPS est.
$12.81Street avg. PT
$402Company snapshot
| Market cap | ~$600B |
| Business model | Pure network (no credit) |
| Cross-border vol. | +11% YoY (travel) |
| FY26 rev. est. | +11% YoY |
| FY26 EPS est. | $12.81 (+11.7%) |
| Highest PT | $450 |
| Lowest PT | $327 |
Analyst targets
| Street avg. PT | $402 |
| Highest PT | $450 |
| Lowest PT | $327 |
| Consensus | Buy |
| Implied upside | ~25% |
↗ Bull case
- Pure network model — zero credit risk on balance sheet
- Revenue +15%, EPS +15% — consistent execution
- Cross-border travel volume structural tailwind
- ~25% implied upside to $402 street avg. target
- Duopoly with Mastercard — near-impossible to replicate
- FY26/27 EPS compound growth of 11-13% expected
↘ Bear case
- DOJ antitrust case against debit card network practices
- Digital wallets (Apple Pay, PayPal) long-term displacement risk
- Consumer spending slowdown from tariffs & inflation
- High valuation vs. traditional financials
- Stock down double digits YTD (2026)
For informational purposes only. Not investment advice. Data as of May 21, 2026. Check live quote for current price.
Visa Inc. (V) — Company Overview
Visa Inc. (NYSE: V) is the world’s largest payment network, processing more than 200 billion transactions annually across more than 160 million merchant locations in over 200 countries and territories. Headquartered in San Francisco and led by CEO Ryan McInerney, Visa operates as a pure payment network — it does not issue cards, extend credit, or take on consumer credit risk. Instead, it collects fees from banks and merchants for processing payments across its network. This asset-light, high-margin model — operating margins consistently above 50% — makes Visa one of the most capital-efficient businesses in the world. It shares a near-duopoly with Mastercard across the global payments infrastructure that is structurally difficult to replicate at scale.
Q1 FY2026 Earnings
Visa reported Q1 FY2026 results (the quarter ending December 2025) in January 2026. Net revenue rose 15% to $10.9 billion, beating consensus. Non-GAAP EPS grew 15% to $3.17. Cross-border volume — Visa’s highest-margin revenue stream, driven by international travel — grew 11% year-over-year excluding intra-Europe. Payments volume and processed transactions were both described as strong. The company highlighted continued resilience in consumer spending and strength in value-added services and commercial money movement solutions. Full-year FY2026 EPS is estimated at $12.81, up 11.7%, with FY2027 growth of 13.3% expected. The stock’s ~25% implied upside to the $402 street average target makes it one of the more compelling risk/reward setups in the Dow 30 at current levels, particularly given its zero credit risk balance sheet in an uncertain macro environment.
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For informational purposes only. Not investment advice. Data as of May 21, 2026.
