FMP

FMP

Visa Inc. (NYSE:V) Sees Positive Outlook from Daiwa with a $370 Price Target

  • Daiwa sets a price target of $370 for Visa Inc. (NYSE:V), indicating a potential increase of 10.83% from its current trading price.
  • Visa reported a 15% year-over-year increase in net revenue, reaching $10.9 billion for the quarter ending December 31.
  • The company's adjusted net income rose by 12% to $6.1 billion, with adjusted earnings per share climbing 15% to $3.17.

Visa Inc. (NYSE:V) is a global leader in digital payments, facilitating transactions between consumers, merchants, and financial institutions. The company is renowned for its credit and debit card services, and it is expanding its digital offerings to adapt to the evolving financial landscape. Visa competes with other payment giants like Mastercard and American Express.

On February 2, 2026, Daiwa set a price target of $370 for Visa, indicating a potential increase of 10.83% from its current trading price of $333.84. This optimistic outlook is supported by Visa's recent performance, as the stock rose by more than 3% following the announcement of strong growth metrics.

Visa reported a 15% year-over-year increase in net revenue, reaching $10.9 billion for the quarter ending December 31. This growth is attributed to resilient consumer spending and a robust holiday season, as highlighted by CEO Ryan McInerney. The total number of transactions processed on Visa's network surged by 9% to 69.4 billion.

International operations have shown significant strength, with cross-border volumes increasing by 12%. Visa's adjusted net income rose by 12% to $6.1 billion, and its adjusted earnings per share climbed 15% to $3.17, surpassing Wall Street's expectations of $3.14. This strong performance supports Daiwa's positive price target.

Visa's stock has experienced a positive change of $12.01, reflecting a 3.73% increase. The stock fluctuated between a low of $322.66 and a high of $334.67 during the day. With a market capitalization of approximately $643.66 billion and a trading volume of 8,502,135 shares, Visa remains a significant player in the financial sector.