Visa shares fell 1.5% on October 28 following the release of its fiscal fourth-quarter results, driven by concerns over future earnings per share growth guidance. The company reported adjusted earnings per share of $3.48 and revenue of $12.14 billion, both of which surpassed analyst estimates for Q4 FY26. Despite the share price decline, analysts raised their price targets for Visa to a range of $440 to $471.
Cross-border payments grew 14% in the fourth quarter, while the stock fell more than 1% in extended trading despite beating earnings estimates.
Read the full storyPayment volume rose 9%, while the stock fell more than 1% in extended trading as investors watched for contract renewals covering a quarter of network volume next year.