Citi maintains Buy rating and $396 target on Visa stock

Published 21/05/2025, 12:40
Citi maintains Buy rating and $396 target on Visa stock

On Wednesday, Citi reaffirmed its Buy rating on Visa Inc . (NYSE:V) shares, maintaining a price target of $396.00. Following meetings in London with Visa executives that were described as well-attended, analysts expressed renewed enthusiasm for the company’s prospects. With a remarkable gross profit margin of 97.77% and strong revenue growth of 10.19%, Visa’s continued innovation and product development were highlighted as key factors in an environment where value for price and specialized services are increasingly important. According to InvestingPro, 14 analysts have recently revised their earnings upwards for the upcoming period.

The discussions in London touched upon emerging trends that could renew interest in the financial technology sector, such as agent-based commerce and stablecoins. These new and ongoing opportunities are seen as reinforcing confidence in Visa’s potential for sustained double-digit growth. Visa’s stock performance has been strong year-to-date, with a 16% increase compared to the S&P 500’s 1% rise.

Citi’s analysis suggests that despite ongoing macroeconomic uncertainties, Visa’s stock is poised to continue its outperformance. The company’s resilience, demonstrated by its "GREAT" financial health score on InvestingPro, and the wide range of opportunities it has at its disposal contribute to its attractiveness as a top financial technology investment idea, according to Citi.

Visa’s commitment to enhancing its core network through a faster pace of product innovation and service additions is seen as a significant driver of growth. This strategy aligns with the current market focus on delivering greater value and specialized services to customers. The positive outlook from Citi reflects the belief that Visa’s approach will lead to continued market outperformance over time, supported by its P/E ratio of 35.22 and strong market position.

In other recent news, Visa Inc. reported its Q2 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $2.76, compared to the forecasted $2.68. The company also reported net revenue of $9.6 billion, slightly above the anticipated $9.55 billion. Visa’s performance was driven by strong global payments volume growth, with a 9% year-over-year increase in net revenue. Additionally, Visa has launched the Visa Commercial Integrated Partners program to streamline fintech integrations, aiming to enhance connections with Visa’s commercial offerings. The program is designed to reduce development time and costs for fintechs and financial institutions. Visa has also introduced Visa AR Manager, an automated virtual card management tool for suppliers in the United States, which aims to simplify invoice reconciliation and reduce operational costs. Furthermore, Visa’s collaboration with Webull integrates Visa Direct into Webull’s platform, enabling real-time money movement for users in the United States. The partnership is expected to enhance Webull’s competitive edge by providing a more efficient way for users to engage with financial markets.

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