On Oct 31, major Wall Street analysts update their ratings for $Visa (V.US)$, with price targets ranging from $319 to $340.
Morgan Stanley analyst James Faucette maintains with a buy rating, and adjusts the target price from $322 to $326.
J.P. Morgan analyst Tien Tsin Huang maintains with a buy rating, and sets the target price at $320.
Citi analyst Andrew Schmitt maintains with a buy rating, and adjusts the target price from $319 to $326.
Barclays analyst Ramsey El Assal maintains with a buy rating, and maintains the target price at $319.
Deutsche Bank analyst Bryan Keane maintains with a buy rating, and adjusts the target price from $300 to $340.
Furthermore, according to the comprehensive report, the opinions of $Visa (V.US)$'s main analysts recently are as follows:
U.S. and international trends remain mostly stable, and with cross-border travel increasing at a rate of roughly low-double digits, expectations for revenue growth of approximately 10% by FY25 are supported.
Visa's fiscal Q4 results showed top and bottom line outperformance, bolstered by a reduction in incentives and growth in other revenues. While the benefit from incentives is considered less predictable, pivotal metrics such as payments volume, cross-border volume, and processed transactions met or exceeded expectations. This performance is anticipated to contribute to a steady advancement in the stock's value.
Visa's fiscal Q4 results demonstrated solid performance with notably stable volume growth. These outcomes and the fiscal 2025 guidance further affirm the extensive reach and robustness of Visa's operations, with the anticipation of additional volume and growth prospects in tandem with economic revival.
Visa's fiscal Q4 results surpassed expectations, bolstered by robust sales momentum. Looking forward, the company has presented a fiscal 2025 outlook that anticipates sustained growth, including a potential rebound in China that is expected to offset the challenges faced in fiscal 2024.
The projection for Visa's revenue growth to remain between high-single to low-double digits aligns with investor forecasts, assuming the persistence of current trends. This expectation is deemed reasonable, though not especially cautious.
Here are the latest investment ratings and price targets for $Visa (V.US)$ from 14 analysts:
Note:
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