Visa stock price slides after earnings beat as cross-border slowdown and costs test bulls
New York, Jan 31, 2026, 10:15 ET — Market closed.
Visa shares dropped $9.93, roughly 3%, closing at $321.83 on Friday. The payments giant’s quarterly results beat Wall Street estimates, but the stock still pulled back.
The recent pullback shone a light on two key areas traders are watching: cross-border growth and near-term expenses. Visa topped first-quarter profit and revenue forecasts as holiday spending held steady, but cross-border volumes rose 12%, slowing from last year. Global payment volumes climbed 8% on a constant-dollar basis, excluding currency effects. Evercore ISI analysts noted the shares “sold off modestly” after Visa raised its operating expense outlook and showed “some weakness in…




