3 models fit Visa Inc. and they agree: 3 of 3 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Silver68
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionVisa Inc. (V)
Fair value (3 models)
$170
ACCE price target
$405
Rating
Overvalued
Horizon
12 months
Fair value published on 18 Oct 2026, 17:04 CEST; previously $183 since 10 Oct 2026, 00:00 CEST.
ACCE price target published on 14 Oct 2026, 00:00 CEST; previously $360 since 19 Apr 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 17:04 CEST.
Price used: $408 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, and EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
139.8% above
-58.3% to fair value
ACCE score
71
out of 100
Analysts
90% buy
40 covering
P/E
34.7x
forward 27.2x
1-year return
+17.9%
Dividend yield
0.65%
Visa Inc. in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
Visa runs the global payments network that routes card transactions between issuing banks, acquirers and merchants, earning fees on each transaction through products such as Visa Credit, Visa Debit and its value-added services and cross-border tools. Its moat is the scale of that two-sided network, which makes it hard for merchants or banks to switch away from acceptance and issuance, and the company converts that position into a 66.1% operating margin. The near-term driver is continued shift from cash and cheques to card and digital payments, with revenue growing 14.4% and value-added services adding to the core transaction base. At 24.0x forward earnings against a trailing 34.0x, the market is pricing in meaningful earnings growth, and a 61.2% return on equity shows how little capital the model needs to compound. The question for a deeper look is whether that growth can hold as regulators and merchants push on interchange fees and as stablecoin and account-to-account rails compete for the same flows.