What's Going On With Visa Shares Today
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 10 2024
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- Visa Inc. Collaboration with MoneyHash: Visa Inc. collaborates with MoneyHash to provide secure and enhanced digital payment experiences, focusing on the Middle East and North Africa region.
- Partnership Benefits: MoneyHash aims to leverage Visa's global reach and security to offer reliable payment networks in MENA, enhancing payment infrastructure for customers.
- Statements from Visa and MoneyHash: Visa expresses excitement about working with innovative platforms like MoneyHash to empower partners with secure payment solutions. MoneyHash emphasizes the importance of secure and fast payment experiences in today's digital-first world.
- Financial Performance: Visa reported a second-quarter 2024 adjusted EPS of $2.51, driven by an 8% growth in payment volume.
- Investor Opportunities: Investors can access Visa stock through Litman Gregory Funds Trust Polen Capital Global Growth ETF PCGG and iShares U.S. Financial Services ETF IYG.
Analyst Views on V
Wall Street analysts forecast V stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for V is 406.59 USD with a low forecast of 330.00 USD and a high forecast of 450.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Analyst Rating
23 Buy
2 Hold
0 Sell
Strong Buy
Current: 326.360
Low
330.00
Averages
406.59
High
450.00
Current: 326.360
Low
330.00
Averages
406.59
High
450.00
About V
Visa Inc. is a global payments technology company. It facilitates global commerce and money movement across more than 200 countries and territories among a global set of consumers, merchants, financial institutions and government entities through technologies. It operates through the Payment Services segment. It provides transaction processing services (primarily authorization, clearing and settlement) to its financial institution and merchant clients through VisaNet, its proprietary advanced transaction processing network. It offers a range of Visa-branded payment products that its clients, including nearly 14,500 financial institutions, use to develop and offer payment solutions or services, including credit, debit, prepaid and cash access programs for individual, business and government account holders. It also provides value-added services to its clients, including issuing solutions, acceptance solutions, risk and identity solutions, open banking solutions and advisory services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
