Blue-Chip Visa Stock Just Hit a New All-Time High

• Visa (V) demonstrates strong technical momentum, recently hitting an all-time high.
• Shares maintain a 100% “Buy” technical opinion from Barchart.
• Analyst sentiment is broadly positive, with multiple “Strong Buy” ratings and price targets ranging from $330 to $570.
• V offers profitability, growth, and robust brand positioning, supported by a low beta and consistent price appreciation.

Today’s Featured Stock

Valued at $662 billion, Visa (V) is a payment technology company that operates globally. It provides transaction processing services (primarily authorization, clearing, and settlement) to financial institutions and merchant clients through VisaNet, its global processing platform. It offers a wide range of Visa-branded payment products. Visa provides other value-added services to its clients including fraud and risk management, debit issuer processing, loyalty services, dispute management, digital services like tokenization as well as consulting and analytics. 

What I’m Watching

I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals and superior current momentum. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. V checks those boxes. The Trend Seeker issued a new “Buy” signal on June 16. Since then, the stock has gained 14.42%.

Barchart’s Technical Indicators for Visa

Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.

Visa scored an all-time high of $381.88 on Aug. 24.

• Visa has a Weighted Alpha of 15.59.
• V has a 100% “Buy” opinion from Barchart.
• The stock has gained 8.8% over the past 52 weeks.
• Visa has its Trend Seeker “Buy” signal intact.
• The stock recently traded at $380.98 with a 50-day moving average of $353.98.
• V had 4 new highs and gained 7.06% in the last month.
• 60-month beta of 0.74.
• Relative Strength Index (RSI) is at 68.50.
• There’s a technical support level around $367.86.

Don’t Forget the Fundamentals

• $662 billion market capitalization.
• 28.62x trailing price-earnings ratio.
• 0.7% dividend yield.
• Revenue is projected to grow 14.40% this year and another 10.97% next year.
• Earnings are estimated to increase 15.27% this year and an additional 13.33% next year.

Analyst and Investor Sentiment on Visa

• The Wall Street analysts followed by Barchart give the stock 33 “Strong Buy,” 4 “Moderate Buy,” and 3 “Hold” opinions with price targets between $330 and $450.
• Value Line rates the stock “Above Average” with price targets from $465 to $570.
• Morningstar thinks the stock is fairly valued.
• CFRA’s MarketScope rates the stock as “Strong Buy” with a price target of $500.
• 337,560 investors are following the stock on Seeking Alpha, which rates it a “Hold.”
• TipRanks’ analysts’ consensus price target is $422.25 for a 13.80% gain.
• Short interest is 1.17% of the float with 2.52 days to cover the float.

The Bottom Line on Visa

If you are looking for profitability and growth, look no further

Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance.

On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.