Optional product analytics
With your permission, we use privacy-limited analytics to understand which research journeys work. We do not run advertising trackers or session replay. You can change this choice in Preferences. Read the Privacy Policy.
Visa Inc.'s published Hold conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $691.4B | |
|---|---|---|
| Revenue (ttm) | 45.9B | |
| Net income (ttm) | 23.5B | |
| EPS (ttm) | $11.6 | |
| Shares out | 1.9B | |
| P/E (trailing) | 34.4x | |
| P/E (forward) | 24.6x | |
| Dividend | $2.68 (0.67%) | |
| Volume | 5,866,578 | |
| Beta | 0.77 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Trend |
| Revenue | $24.11B | $29.31B | $32.65B | $35.93B | $40.00B | +13.5% |
| Gross profit | $19.14B | $23.58B | $26.09B | $28.88B | $32.15B | +13.8% |
| Operating income | $15.80B | $18.81B | $21.00B | $23.60B | $23.99B | +11.0% |
| Net income | $12.31B | $14.96B | $17.27B | $19.74B | $20.06B | +13.0% |
| EPS (diluted) | $5.91 | $7.51 | $8.76 | $10.05 | $11.47 | +18.0% |
| EBITDA | $17.38B | $19.54B | $22.62B | $25.59B | $26.00B | +10.6% |
| R&D | — | — | — | — | — | — |
| SG&A | $1.39B | $1.70B | $1.88B | $2.23B | $2.69B | +17.9% |
Recent company headlines from major financial publishers.
The base scenario reflects Visa's core compounding trajectory, with payment volume tracking nominal economic expansion and steady international cash-to-digital migration, yielding a target of $392.89 and an expected return of 6.7% relative to $368.29. This path requires operating margins to remain stable near historical levels and would be disconfirmed if client incentive growth accelerates sharply.
Under the bull scenario, accelerated penetration into commercial payments and value-added fraud analytics drives double-digit payment volume expansion, lifting the shares toward $536.48 with an estimated 45.7% return. This path requires cross-border transaction volume outperformance to persist through subsequent fiscal periods, and would be disconfirmed if foreign travel spend contracts.
| Ke ↓ / g → | 2.6% | 3.1% | 3.6% | 4.1% | 4.6% |
|---|---|---|---|---|---|
| 6.3% | $491 | $532 | $590 | $678 | $827 |
| 7.3% | $412 | $434 | $463 | $501 | $554 |
| 8.3% | $362 | $375 | $393 | $411 | $437 |
| 9.3% | $327 | $335 | $345 | $357 | $372 |
| 10.3% | $300 | $306 | $313 | $321 | $330 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
