Overview
- For fiscal 2025, revenue rose 11% to $40 billion as payments volume reached $16.7 trillion, up 8%, with transactions up 10% and cross‑border volume up 13%.
- Visa introduced a pilot that lets businesses fund payouts in fiat while recipients opt to receive USD‑backed stablecoins such as USDC, targeting faster access for creators and gig workers.
- The stablecoin program is onboarding select partners now, with broader availability expected in 2026.
- Bernstein’s Harshita Rawat reiterated a Buy rating after results, setting a $418 price target.
- Despite durable growth and vast scale—about 4.8 billion cards accepted at over 150 million locations—the stock trades around a 31.9 P/E with shares up roughly 3.8% year to date.