Visa ($V) is seeing a significant surge today, April 29, 2026, with the stock up approximately 8.6% to $337.76 following blowout earnings.
u/Guy_PCS ·
Reddit — r/stocks
· April 29, 2026 at 13:52
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The rally is fueled by record growth and aggressive shareholder returns:
* **Earnings Beat:** Visa reported adjusted EPS of **$3.31**, comfortably beating the analyst consensus of $3.10.
* **Strongest Growth in Years:** Net revenue jumped 17% year-over-year to **$11.2 billion**, marking its strongest expansion rate (excluding post-pandemic recovery) since 2013.
* **Massive Buybacks:** The company executed its largest-ever quarterly stock buyback of **$7.9 billion** and authorized a new **$20 billion** multi-year repurchase program.
* **Segment Momentum:** Value-added services revenue surged 27%, and Visa Direct transactions increased 23%, signaling strong diversification beyond traditional card payments.
* **Raised Guidance:** Management raised its full-year outlook to low double-digit/low teens revenue growth and low teens adjusted EPS growth.