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Apr 29, 2026 12:50 PM

Visa Boasts Biggest Revenue Beat In Four Years, Highest Share Buyback In Its History

Shares of Visa Inc (NYSE:V) spiked in early trading on Wednesday, after the company reported upbeat first-quarter (Q1) results.

Here are the key analyst insights:

Goldman Sachs analyst Will Nance maintained a Buy rating and raised the price target from $394 to $420.

JPMorgan analyst Tien-tsin Huang reiterated a Buy rating and price target of $400.

Check out other analyst stock ratings.

Goldman Sachs: Visa reported gross revenue of around $15.475 billion, up 16% year-on-year, which came in around 3% higher than consensus, Nance said in a note. He added that the larger-than-normal revenue beat was due to:

Strong volume growth

Higher-than-expected revenue yields

Lower-than-expected incentives

While the spending environment was healthy, the highlight of the quarter was Visa's strong execution on value-added services (VAS), both from network-oriented services ...