V Stock Recent News

The problem with finding stocks that could be the next Apple (NASDAQ: AAPL ) or Amazon (NASDAQ: AMZN ) is that you're looking for a needle in a haystack. How many investors knew they had the tiger by the tail when buying either stock in 2010?

There are over 4 billion Visa cards in people's wallets worldwide.

The number of applications for visas used in the technology industry soared for a second straight year, raising "serious concerns" that some are manipulating the system to gain an unfair advantage, authorities said Friday.

Visa's (V) second-quarter fiscal 2023 International transaction revenues witness a 24% y/y jump.

Analysts at Wedbush have awarded an ‘Outperform' rating and US$270 price target to Visa after the San Francisco-based payments and processing technology company swiped a second-quarter earnings beat after the bell on Tuesday. The analyst noted that Visa's revenue of $8 billion and adjusted earnings per share of $2.09 had exceeded the Street's expectations, with growth driven by the uptick in non-US volume rates and value-added services.

Trillions of dollars in B2B payments flow across borders, winding their way across currencies, across time zones, and country-by-country rules and regulations. Along the way, pain points exist — and transparency is lacking — so that settlement times and the impact of FX are less than transparent.

Visa: Upside Potential For An Uncertain Economy.

Visa's fiscal second quarter shows that new payment flows and B2B loom large, but plenty of room remains to capture the share of consumer payments as debit and credit spending remains robust. The company's earnings supplementals show that payments volumes were up 10% year on year in constant dollar terms to just under $3 trillion.

The headline numbers for Visa (V) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Visa Inc. (V) Q2 2023 Earnings Call Transcript.