12:42 PM EDT, 04/30/2025 (MT Newswires) -- Visa (V) reported a "solid" fiscal Q2, buoyed by operating margin expansion and "resilient" consumer spending, Oppenheimer said in a note emailed Wednesday.

Visa on Tuesday posted fiscal Q2 earnings that topped expectations.

The company posted fiscal Q2 non-GAAP net income of $2.76 per diluted share on revenue of $9.59 billion for the quarter ended March 31.

Analysts polled by FactSet expected $2.68 on revenue of $9.55 billion.

Oppenheimer said the company's fiscal Q2 earnings came in $0.03 above its forecast when adjusting for differences in other income and tax rate.

"We believe Visa remains well-positioned to gain market share in the multi-year runway to convert paper-based payments to card," Oppenheimer said.

The firm added that the company "remains a top 2025 idea for us."

The firm has an outperform rating on the stock with a $390 price target.

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