Visa stock forecast shows steady bullish sentiment for Q2 2024, with analysts projecting a target range of $280–$295 backed by strong payment volume growth and global consumer spending recovery in the fintech sector. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. The payments juggernaut has a robust history of surpassing earnings estimates. It beat estimates in each of the last four quarters, with the average being 3%???. This is depicted in the graph below: Visa stock forecast gains backing from hedge fund sentiment reports showing increased institutional positions, indicating confidence in Visa’s payment ecosystem resilience.
