Oppenheimer Raises Visa (V) Target After Strong Q2 and Higher FY26 Outlook

siam sompunya

On April 29, Oppenheimer raised its terms proposal connected Visa Inc. (NYSE:V) to $403 from $391. It reiterated an Outperform rating. The steadfast pointed to a beardown Q2. Net and gross revenue, on with EPS, came successful good up of Street expectations. Data processing gross was a cardinal operator of the upside compared to its model. Yield roseate 8% twelvemonth implicit year, which it sees arsenic a motion of dependable pricing power.Q3 guidance for some gross and EPS besides came successful supra Street estimates. The institution went a measurement further and raised its full-year FY26 outlook.

On the aforesaid day, Raymond James besides lifted its terms extremity connected V to $389 from $380 and kept an Outperform rating. The expert noted that Visa delivered beardown Q2 results, with some gross and EPS beating expectations. Organic maturation reached its highest level since 2022. This was supported by coagulated show successful value-added services and faster U.S. outgo volumes, the expert said successful a probe note. The institution raised its FY26 outlook and issued Q3 guidance supra consensus. That, successful the firm’s view, supports further upward revisions to net estimates. It besides reinforces a favorable risk-reward setup, adjacent with immoderate unit from macro-related volatility successful cross-border volumes.

Visa Inc. (NYSE:V) operates arsenic a planetary payments exertion company. It supports commerce and wealth question crossed much than 200 countries and territories. Its web connects consumers, merchants, fiscal institutions, and governments. The concern runs done its Payment Services segment.

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