Bernstein SocGen on Visa (V): 'Finally, a catalyst for re-rating higher?'

Bernstein SocGen Group analyst Harshita Rawat reiterated an Outperform rating and $450.00 price target on Visa (NYSE: V).

The analyst commented: "Finally, a catalyst for re-rating higher? Visa’s fiscal 2q26 results were shockingly good. Visa beat by 5% on revenue, in what was the strongest organic revenue growth quarter (outside the pandemic recovery) since 2013. Revenue growth accelerated to 17% driven by 27% growth in VAS (~30% of total revenues now) and 24% commercial money movement solutions. Yes, there were some one-timers on revenue e.g., performance adjustments, Olympics/FIFA and deal timing. We are not sure if pricing is a ‘one timer’. But the strong revenue growth was also despite some sizable headwinds including weakness in FX volatility and MEA. Numbers still appear skewed to the upside despite the beat and raise. Stock is up 5% pre-market."

For an analyst ratings summary and ratings history on Visa click here. For more ratings news on Visa click here.

Shares of Visa closed at $334.86 yesterday.

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