Forecast Of The Day: Total Visa Cards In Circulation

+9.49%
Upside
275
Market
301
Trefis
V: Visa logo
V
Visa

What?

Total Visa (NYSE:V) Cards In Circulation has risen from around 3.4 billion in 2019 to about 3.5 billion in 2020. Trefis expects the metric to rise to around 3.65 billion in 2021 and around 3.87 billion in 2022.

Why?

Relevant Articles
  1. Visa Stock Is Up 15% In the Last 12 Months, Will The Trend Continue Post Q2 Results?
  2. Visa Stock Gained 30% In The Last Twelve Months, What To Expect Now?
  3. What To Expect From Visa Stock ?
  4. Is Visa Stock Undervalued?
  5. Visa Stock To Beat The Consensus In Q2
  6. Visa Stock To Top Consensus In Q1?

We expect growth to be driven by Visa’s market-leading position in the card market and growth in emerging markets.

So What?

We think Visa stock is undervalued. We value Visa at about $279 per share, about 33% ahead of the current market price.

See Our Complete Analysis For Visa

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates