Coverage summary
Aardvark Labs Capital Research has covered Visa (V) since April 30, 2025. The company is in the Financial Services sector. This page lists 8 reports: 7 earnings recaps and 1 earnings preview.
The latest is the Q4 FY26 Earnings Recap, published October 29, 2026. That report moved the rating from Outperform to Hold. The rating has changed twice since coverage began.
Translations: 7 in Chinese.
The Excel model for V holds 23 quarters and 5 fiscal years of history and 9 quarters and 5 fiscal years of projections. It was last updated September 26, 2026.
Rating history
All V reports
Recap: Q4 FY26
A Record Year, a Familiar Low-Double-Digit Guide, and a Stock That Got There First: Downgrading Visa to Hold
Recap: Q3 FY26
A $4 Trillion Quarter and 2,600 Fewer Employees: Visa Raises Both Guides but Won't Price Its Own AI Dividend
Recap: Q2 FY26
Strongest Revenue Growth Since 2022, Record Buyback, Tempo Validator Live: The "Slow Compounder" Reputation Is Wrong Right Now
Flashcap: Q2 FY26
Highest Revenue Growth Since 2022 — $11.2B / +17%, Non-GAAP EPS $3.31 / +20%, Cross-Border Re-Accelerates to +12%, and a Fresh $20B Buyback Anchors the Agentic-Commerce Ramp
Recap: Q1 FY26
Beat-and-Hold Quarter Sets Up The Year — VAS Accelerates to +28%, Stablecoin Run-Rate Doubles, and the Multiple Compresses on a Clean Print
Recap: Q4 FY25
Hyperscaler Narrative Lands With Receipts — FY25 Closes at $40B / $11.47 EPS and the FY26 Guide Prices Conservatively into Olympics, FIFA, and Agentic Commerce
Recap: Q3 FY25
Record Revenue, +23% EPS, VAS Inflecting to +26% — But the Multiple Is Already Pricing the Beat-and-Raise
Recap: Q2 FY25
Resilient Quarter, Reset Buyback — But Cross-Border Slowdown and Tariff Overhang Cap the Upside