Street View: Mastercard has more than one growth card in the deck
MA•Mastercard tops estimates on steady spending
Mastercard MA.N on Thursday reported second-quarter profit above Wall Street estimates, helped by strong transaction volumes as consumers continued to spend steadily.
Median PT of 45 brokerages covering the stock is $657 - LSEG-compiled data.
Brokerages point to longer-term growth drivers
- Morgan Stanley (
overweight, PT: $681) says strong underlying trends and potential growth from agentic commerce and stablecoins present additional long-term opportunities. - RBC Capital Markets (
outperform, PT: $642) says resilient consumer spending, improving travel trends and strong growth in value-added services support MA's long-term growth outlook, while investments in technologies such as agentic commerce and stablecoins could create new growth opportunities. - BofA Global Research (
buy, PO: $735) says "MA's 2Q print and call leave us confident the franchise sits among the top tier of payments compounders, as a clean beat and a tighter FY26 band speak to how steady the earnings engine is". - BMO (
outperform, PT: $630) says it "believes 2Q results, coupled with positive commentary around a stable macro environment, a resilient consumer, and moderating Middle East headwinds, help alleviate near-term concerns".
