Visa and Mastercard Shares Surge on Strong Earnings and Institutional Buying
Visa and Mastercard shares surged more than 3% on Monday, driven by strong earnings, institutional buying, and renewed investor confidence.
The rally pushed Visa toward its $300 target, while Mastercard approached the critical $600 resistance level.
Visa's fiscal third-quarter 2026 results beat analyst expectations, with revenue increasing 14% year over year to $11.6 billion and earnings per share reaching $3.32.
Pershing Square's Bill Ackman disclosed an approximately $1.1 billion stake in Visa, adding credibility to the bullish case and reinforcing confidence in its growth trajectory.