Visa Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Visa Inc. V is expected to release earnings results for its first quarter, after the closing bell on Jan. 25, 2024.

Analysts expect the company to report quarterly earnings at $2.34 per share, up from year-ago earnings of $2.18 per share. The company is projected to post revenue of $8.54 billion for the latest quarter, according to data from Benzinga Pro.

Visa recently announced the launch of its Web3 Loyalty Engagement Solution, a pioneering service designed to transform customer engagement and loyalty in the digital era.

Visa shares gained 0.1% to close at $271.65 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Keybanc analyst Josh Beck maintained an Overweight rating and increased the price target from $275 to $300 on Jan. 8, 2024. This analyst has an accuracy rate of 74%.
• Jefferies analyst Trevor Williams maintained a Buy rating and boosted the price target from $280 to $295 on Dec. 12, 2023. This analyst has an accuracy rate of 63%.
• BMO Capital analyst Rufus Hone initiated coverage on the stock with an Outperform rating and a price target of $280 on Dec. 5, 2023. This analyst has an accuracy rate of 71%.
• Barclays analyst Raimo Lenschow maintained an Overweight rating and slashed the price target from $285 to $278 on Oct. 30, 2023. This analyst has an accuracy rate of 74%.
• Wedbush analyst Moshe Katri reiterated an Outperform rating with a price target of $270 on Oct. 25, 2023. This analyst has an accuracy rate of 65%.

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