Wolfe Research predicts that Visa's stock is poised to benefit significantly from anticipated revenue streams associated with the 2026 FIFA World Cup. The research firm upgraded its price target for Visa, suggesting substantial growth potential driven by increased consumer spending and value-added services (VAS).
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Wolfe Research: Visa to Benefit from FIFA World Cup Windfall
Wolfe Research has issued an 'outperform' rating on Visa, raising its price target to $395, implying a potential 28% upside. The report suggests that Visa's growth in value-added services (VAS) is expected to continue robustly beyond the immediate impact of the 2026 FIFA World Cup. This optimism is supported by Visa's recent better-than-expected second-quarter earnings and upward revisions to its full-year forecast. The World Cup is anticipated to draw over 1.2 million visitors to the New York-New Jersey area, bolstering transaction volumes.
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