Visa stock price forecast historical correlations show Visa stock

Historical correlations show Visa stock price forecast tends to outperform broader S&P 500 trends when consumer confidence indexes climb above 100 points. On the cautious side, several analysts have lowered their estimates and price targets, citing persistent uncertainty regarding freight demand. Ongoing industrial softness and excess supply continue to weigh on near-term expectations for the industry. The Zacks Consensus Estimate for data processing revenues indicates 9.2% growth in the fiscal second quarter from the year-ago level of $4.3 billion, while our estimate suggests a 9.9% increase. Similarly, the consensus mark for service revenues suggests 9.1% year-over-year growth, whereas we expect the metric to grow by 9.5%. Institutional strategists suggest Visa stock price forecast could hit $280 within 12 months, provided inflation slows and global travel spending sustains high single-digit growth.