Baird raised Visa’s price target citing strong secular trends and potential Q3 2026 earnings beat.
Baird increased its price target for Visa (V) to $412 from $370 while maintaining an Outperform rating. The firm highlighted Visa’s long-term growth potential driven by robust secular trends, though it expects a near-term pause following a recent rally.
The adjustment follows investor focus on fiscal 2027 guidance and concerns over challenging comparisons for value-added services and pricing. Baird views ~25x next-twelve-month earnings as an attractive entry point, anticipating a revenue and earnings per share beat for Q3 2026.
Separately, Barclays initiated coverage with an Overweight rating and a $420 price target, emphasizing Visa’s durable franchise amid broader sector resets.