V VISA INC.

BULLISH Impact: 4/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-V-bmocapit-20260422
BMO Capital initiates coverage on V at Outperform
Latest settled — T+20d
V ▲ +6.03% at T+20d
LONG call ✓ call won +6.03% · α vs SPY +2.86% · entry $311.16 → $329.91
Next anchor: T+60d in 5w
Last close $319.67 (close Jun 8) · +2.74% from $311.16 entry
Entry anchored
Apr 22, 11:12 AM ET
via Databento tick
T+1d
-0.75%
call -0.75% · α -0.36%
$308.83
settled 7w ago
T+5d
+8.30%
call +8.30% · α +8.25%
$337.00
settled 6w ago
T+20d
+6.03%
call +6.03% · α +2.86%
$329.91
settled 21d ago
T+60d
call — · α —
in 5w

Price Chart

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Executive Summary

BMO Capital initiates Visa (V) at Outperform with a $365 price target, implying 17.8% upside from the current $309.94. The firm has a perfect 100% accuracy rate (5/5 calls) and average return of 8.5%, placing it in the top tier among 15 covering firms. Consensus remains bullish: 88.6% Buy/Strong Buy (31 Buy, 11 Strong Buy) among 35 analysts. The mean PT is $393.43, 27% above current price. EPS estimates are rising: 6 upward revisions in the last 30 days for FY+1, with no downward revisions. Institutional activity is mixed: Norges Bank re-entered with a $7B position after exiting, while Renaissance Technologies reduced its stake by 99.8%. Short ratio is elevated at 58.2%. Earnings due in 5 days (April 27).

Impact Score

Base Score
2/7
LLM Adjustment
+2
Final Score
4/10

Consensus & Targets

Buy / Strong Buy
42 (91%)
Hold
4
Sell / Strong Sell
0
Total Analysts
35
Mean PT
$393.43
Median PT
$400.00
High PT
$450.00
Low PT
$323.00
Current Price
$309.94
Implied Upside
+26.9%

Of 35 analysts, 31 (88.6%) rate V as Buy, 11 (31.4%) as Strong Buy, and 4 (11.4%) as Hold. No Sell or Strong Sell ratings. Consensus direction is strongly bullish, with BMO’s initiation aligning with the prevailing sentiment.

The consensus mean price target is $393.43, median $400, range $323–$450. V trades at $309.94, implying 27.0% upside to the mean. BMO’s $365 target is 7.8% below the mean and 8.9% above current price, positioning it below-average but still supportive.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-22 BMO Capital initiate Outperform $365.00
2026-04-14 Citigroup maintain Buy $400.00
2026-04-01 Evercore ISI Group maintain In-Line $340.00
2026-03-31 Loop Capital initiate Buy $387.00
2026-03-31 UBS maintain Buy $390.00
2026-02-17 Freedom Capital Markets upgrade Buy
2026-02-17 Freedom Broker upgrade Buy $375.00
2026-01-30 RBC Capital reiterate Outperform $395.00
2026-01-30 Macquarie maintain Outperform $410.00
2026-01-30 Morgan Stanley maintain Overweight $411.00

In the past 30 days, 2 upgrades and 0 downgrades. EPS revisions are accelerating: 6 upward and 2 downward revisions in the past 30 days for FY+1 estimates. Current FY+1 EPS is $14.55, up from $14.54 (30d ago), indicating strong earnings momentum.

Firm Track Record — BMO Capital

BMO Capital accuracy: 53% on 1844 calls | avg return: 2.3%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Goldman Sachs 100% 3/3 8.5% top tier
BMO Capital 100% 5/5 8.5% top tier
Baird 100% 4/4 7.9% top tier
Susquehanna 100% 4/4 7% top tier
Keefe, Bruyette & Woods 100% 2/2 6.3% top tier
JP Morgan 100% 4/4 8.8% top tier
Piper Sandler 83% 5/6 4.6% top tier
Morgan Stanley 80% 4/5 11.2% top tier
Jefferies 75% 3/4 9.5% top tier
Barclays 75% 3/4 6.6% top tier

BMO Capital has a 100% accuracy rate (5/5 calls) and 8.5% average return on rated stocks, tying it with Goldman Sachs, JP Morgan, and others as a top-tier performer. Among 15 firms, 10 have 100% accuracy, but BMO’s small sample (5 calls) limits statistical weight. Morgan Stanley leads in average return (11.2%) despite 80% accuracy.

Earnings Estimates

Next earnings: Apr 27, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $3.10 $3.06 — $3.19 $10.7B ↑3 ↓0
+1q $3.17 $3.07 — $3.26 $11.1B ↑3 ↓0
0y $12.87 $12.66 — $13.20 $44.6B ↑4 ↓0
+1y $14.55 $14.20 — $15.03 $49.3B ↑5 ↓0

Cross-Platform Signals

Congressional
David Taylor (republican) — buy $1,001 - $15,000
Congressional
Anthony Wied (republican) — buy $50,001 - $100,000
Congressional
Joshua Gottheimer (democrat) — sell $1,001 - $15,000
Institutional
NORGES BANK — new
Institutional
RENAISSANCE TECHNOLOGIES LLC — doubled (28927.2%)
Institutional
NORGES BANK — exit (-100%)
Short Interest
Short: 1,518,620 | Exempt: 519,117 | TRF Vol: 2,611,334 | Short Ratio: 58.2% | Off-exchange volume (dark pool + OTC)

Institutional activity is conflicting: Norges Bank re-established a $7.0B position after a prior exit, while Renaissance Technologies slashed its stake by 99.8%. No insider trades reported. Congressional trades show 3 buys (2 Republicans) and 1 sell (Democrat), minor in size. Short interest is extremely high at 58.2% short ratio, suggesting bearish positioning ahead of earnings — a potential squeeze catalyst if results beat.

Actionable Insight

BMO’s initiation from a top-tier firm with perfect accuracy, combined with rising EPS estimates and a 5-day proximity to earnings, creates a high-conviction bullish setup. Elevated short interest increases upside risk — position for a post-earnings squeeze.

Documents Analyzed

Report based on filing metadata.

10 reports for V
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+5▲ +7.61%May 22, 2026
Filters
Rows
Reports for V — sortable, filterable
Type Now
May 31, 2026
9d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$319.31 $307.04▼ −3.84%▼ −4.51%$319.67 (+0.11%)
May 22, 2026
18d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$311.16 $334.84▲ +7.61%▲ +7.56%$319.67 (+2.74%)
May 12, 2026
28d ago
8-K
NEUTRAL ★ 4/10
$320.25 $329.91▲ +3.02%▲ +4.18%$319.67 (−0.18%)
May 11, 2026
29d ago
8-K
NEUTRAL ★ 3/10
$323.91 $332.03▲ +2.51%▲ +2.59%$319.67 (−1.31%)
May 11, 2026
29d ago
425
NEUTRAL ★ 3/10
$323.91 $332.03▲ +2.51%▲ +2.59%$319.67 (−1.31%)
May 1, 2026
5w ago
ANALYST-UPGRADE
MIXED ★ 2/10
$319.31 $307.04▼ −3.84%▼ −4.51%$319.67 (+0.11%)
Apr 28, 2026
6w ago
8-K
BULLISH ★ 8/10
$334.84 $318.62▼ −4.84%▼ −7.95%$319.67 (−4.53%)
Apr 22, 2026
6w ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$311.16 $337.00▲ +8.30%▲ +8.25%$319.67 (+2.74%)
Apr 14, 2026
8w ago
EFFECT
NEUTRAL ★ 4/10
$310.73 $309.88▼ −0.27%▼ −1.67%$319.67 (+2.88%)
Apr 13, 2026
8w ago
425
NEUTRAL ★ 4/10
$309.08 $313.46▲ +1.42%▼ −1.88%$319.67 (+3.43%)
Showing 10 of 10

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