Visa Surges to New High on Strong Earnings and Ackman Endorsement
Visa's stock price surged to a new 52-week high on August 25, 2026, after reaching $381.95 in mid-day trading. This marks a 2.6% increase from the previous session's close of $371.04.
The rally is attributed to several factors, including Visa's strong fiscal third-quarter 2026 results, which showed revenue climbing 14% year-over-year to $11.6 billion and earnings per share beating consensus estimates at $3.32. Additionally, the company raised its full-year outlook following these results.
Pershing Square's Bill Ackman also disclosed a roughly $1.1 billion stake in Visa, providing a high-profile endorsement that has bolstered sentiment. Several analysts have since raised their price targets for Visa, with a consensus Buy rating carrying an average target well above current levels.