Visa Stock Holds Above $360 on Strong Earnings and New Buying Interest

Visa Inc.'s stock price has remained above $360 as of August 16, 2026, driven by strong earnings and fresh buying interest from Bill Ackman's Pershing Square Capital Management.

The payment processor reported net revenue of $11.6 billion in its third quarter of fiscal 2026, a 14% year-over-year increase that underscores the resilience of Visa's payments franchise in a growing global transaction environment.

Pershing Square initiated positions in Visa along with other established financial and technology names after recent market sell-offs related to artificial intelligence sector concerns. The fund views Visa as having strong competitive advantages and durable business models, which supports its valuation.