Visa receives China approval and Visa stock trades at EUR 353.73
Published on 10/13/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Visa received approval to prepare a domestic bankcard clearing institution in China on October 13, 2026.
- Fiscal third-quarter 2026 net revenue rose 14.40 percent to USD 11.63 billion.
- Visa stock was trading at EUR 353.73 at Lang & Schwarz on October 13, 2026 at 11:13 a.m. CEST.
- Baird raised its Visa price target to USD 430.00 from USD 420.00 on October 12, 2026.
Visa (ISIN US92826C8394) received approval on October 13, 2026, to prepare a domestic bankcard clearing institution in China, according to Visa. Visa stock was trading at EUR 353.73 at Lang & Schwarz on October 13, 2026 at 11:13 a.m. CEST. In fiscal third quarter 2026, net revenue rose 14.40 percent to USD 11.63 billion, while GAAP net income increased 6.80 percent to USD 5.63 billion, according to Financial Report Insights.
China approval opens a new phase
The approval from the People's Bank of China allows Visa to begin formal preparations, but it does not yet authorize domestic clearing operations. Visa must complete the preparation process and continue through the licensing steps before it can process domestic yuan card transactions.
Three dated developments shape the story
On June 30, 2026, Visa reported fiscal third-quarter net revenue of USD 11.63 billion, up 14.40 percent year over year, while GAAP net income reached USD 5.63 billion, up 6.80 percent, per Financial Report Insights. On October 8, 2026, Visa scheduled fiscal fourth-quarter and full-year 2026 results for October 27, 2026, according to Visa. On October 13, 2026, the company received approval to prepare its Chinese domestic clearing business.
What China approval means for Visa
China expands Visa's addressable market beyond cross-border card use, although the commercial payoff depends on a full license and local implementation. The company already facilitates transactions across more than 200 countries and territories, while the new approval addresses domestic payments in one of the world's largest digital commerce markets.
The earnings backdrop is mixed in quality rather than direction. Revenue grew 14.40 percent in fiscal third quarter 2026, but the same period included a USD 563 million severance charge that helped push GAAP net income growth to 6.80 percent. That gap makes the October 27 results important for judging whether cost pressure eases after the one-time charge.
Analyst target moves higher
Baird raised its Visa price target to USD 430.00 from USD 420.00 on October 12, 2026, while maintaining an Outperform rating, according to Investing.com. The report also said Baird expected fiscal fourth-quarter revenue and earnings to modestly exceed expectations, while warning that lower fiscal 2027 estimates could weigh on the shares.
Visa stock stays near its record area
Visa stock was trading at EUR 353.73 at Lang & Schwarz on October 13, 2026 at 11:13 a.m. CEST. The primary-market reference was USD 389.27 on the NYSE at the October 12, 2026 close, with a 52-week range of USD 293.89 to USD 391.81.
The further course of trading is shown by the continuously updated real-time quote of Visa stock.
Visa stock facts
- Company: Visa Inc.
- ISIN: US92826C8394
- WKN: A0NC7B
- Ticker: V
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 11:13 a.m. CEST): EUR 353.73
- Market capitalization: USD 726.8 billion (as of October 12, 2026)
- 52-week range: USD 293.89-391.81 (as of October 12, 2026)
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
