Visa stock continues higher post results, MasterCard strength
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Visa Inc. stock climbed 2.8% higher in morning trading on Thursday, nearing its 52-week high of $414.60, as investors continued to respond to the company's fiscal fourth-quarter 2026 earnings report released after market close on Monday, as well as earnings strength of MasterCard, the company's archrival who reported late on Wednesday.
The payments company reported adjusted earnings of $3.48 per share, surpassing the consensus estimate of $3.44. Quarterly revenue reached $12.1 billion, slightly above the forecast of $12.09 billion.
For the full fiscal year 2026, Visa's net revenue increased 15% to $46 billion, marking the strongest annual growth rate in more than 15 years when excluding the post-pandemic rebound period.
The company raised its quarterly dividend by 16% to $0.78 per share.
CEO Ryan McInerney noted that Visa's stablecoin settlement business had reached a $25 billion annualized run rate, representing approximately tenfold growth compared to the prior year.
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