93/100BMastercard stock forecast 2026–2030
Analysts' average 12-month price target for Mastercard is 687.73, 5.4% above the current price of 652.75. Their targets range from 597.00 to 740.00.
Of the 26 firms that rated Mastercard in the past 12 months, 24 rate it buy or strong buy, 2 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 597.00 to 740.00, with an average of 687.73.
| Strong buy | 1 | |
| Buy | 23 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 740.00 |
| Average target | 687.73 |
| Lowest target | 597.00 |
| Current price | 652.75 |
Mastercard price target history
Have analysts recently raised or lowered their Mastercard price target and rating?
How analysts rate Mastercard, month by month
24 of 26 firms rate it buy now, against 21 of 22 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Mastercard analyst upgrades, downgrades and price targets
The latest rating change came on 5 November 2026, when Freedom Broker downgraded Mastercard from Buy to Hold. The most recent new target came from UBS on 5 November 2026: 725.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 5 Nov 2026 | UBS | — | 670.00 → 725.00 | +8.2% | 662.89 |
| 5 Nov 2026 | Freedom Broker | Downgraded · Buy → Hold | — | — | — |
| 30 Oct 2026 | Argus Research Stephen Biggar | Reiterated · Buy | 694.00 | — | 635.70 |
| 30 Oct 2026 | KeyBanc Andrew Schmidt | Reiterated · Overweight | 680.00 → 735.00 | +8.1% | 635.70 |
| 30 Oct 2026 | Mizuho Securities Dan Dolev | — | 711.00 | — | 635.70 |
| 23 Oct 2026 | Truist Financial | Reiterated · Buy | 633.00 → 674.00 | +6.5% | 633.21 |
| 15 Oct 2026 | BMO Capital | — | 605.00 → 665.00 | +9.9% | 612.42 |
| 9 Oct 2026 | Robert W. Baird | — | 680.00 → 710.00 | +4.4% | 574.76 |
| 31 Aug 2026 | RBC Capital Daniel Perlin | Reiterated · Outperform | 642.00 → 696.00 | +8.4% | 595.30 |
| 25 Aug 2026 | Wolfe Research | Reiterated · Outperform | 740.00 | — | 599.86 |
| 5 Aug 2026 | Truist Financial Matthew Coad | Reiterated · Buy | 554.00 → 633.00 | +14.3% | 573.58 |
| 3 Aug 2026 | Cantor Fitzgerald | Reiterated · Overweight | 650.00 → 695.00 | +6.9% | 577.87 |
| 31 Jul 2026 | RBC Capital | Reiterated · Outperform | 642.00 | — | 571.74 |
| 31 Jul 2026 | Raymond James | — | 609.00 → 632.00 | +3.8% | 571.71 |
| 31 Jul 2026 | UBS | Reiterated · Buy | 640.00 → 670.00 | +4.7% | 569.54 |
| 31 Jul 2026 | Morgan Stanley | Reiterated · Overweight | 679.00 → 681.00 | +0.3% | 577.35 |
| 31 Jul 2026 | KeyBanc | Reiterated · Overweight | 665.00 → 680.00 | +2.3% | 577.35 |
| 31 Jul 2026 | Barclays Nik Cremo | Reiterated · Overweight | 640.00 → 660.00 | +3.1% | 577.35 |
| 30 Jul 2026 | Goldman Sachs | — | 739.00 → 701.00 | -5.1% | 577.35 |
| 24 Jul 2026 | Truist Financial Matthew Coad | Reiterated · Buy | 561.00 → 554.00 | -1.2% | 530.29 |
| 8 Jul 2026 | Barclays | — | 640.00 | — | 531.62 |
| 7 Jul 2026 | Robert W. Baird David Koning | — | 660.00 → 680.00 | +3.0% | 533.10 |
| 29 Jun 2026 | Piper Sandler Bill Carcache | — | 597.00 | — | 509.64 |
| 12 May 2026 | Truist Financial | Reiterated · Buy | 590.00 → 561.00 | -4.9% | 497.81 |
| 1 May 2026 | Macquarie Paul Golding | Reiterated · Outperform | 665.00 | — | 495.46 |
| 1 May 2026 | Morgan Stanley | — | 678.00 → 679.00 | +0.1% | 495.20 |
| 1 May 2026 | UBS | Reiterated · Buy | 700.00 → 640.00 | -8.6% | 501.29 |
| 1 May 2026 | Raymond James | — | 631.00 → 609.00 | -3.5% | 503.40 |
| 1 May 2026 | Susquehanna | Reiterated · Positive | 665.00 | — | 502.92 |
| 24 Apr 2026 | Truist Financial | Reiterated · Buy | 611.00 → 590.00 | -3.4% | 500.86 |
| 21 Apr 2026 | BMO Capital Andrew Bauch | — | 605.00 | — | 511.35 |
| 13 Mar 2026 | Tigress Financial Ivan Feinseth | Reiterated · Strong Buy | 730.00 → 735.00 | +0.7% | 497.55 |
| 13 Feb 2026 | Freedom Broker | Upgraded · Hold → Buy | — | — | — |
| 10 Feb 2026 | Truist Financial | — | 609.00 → 611.00 | +0.3% | 545.06 |
| 2 Feb 2026 | Daiwa Kazuya Nishimura | — | 610.00 | — | 555.37 |
| 30 Jan 2026 | Morgan Stanley James Faucette | Reiterated · Overweight | 665.00 → 678.00 | +2.0% | 543.73 |
| 29 Jan 2026 | Goldman Sachs | — | 713.00 → 739.00 | +3.6% | 543.73 |
| 29 Jan 2026 | Wells Fargo | — | 669.00 → 668.00 | -0.1% | 543.73 |
| 29 Jan 2026 | Raymond James John Davis | — | 640.00 → 631.00 | -1.4% | 542.07 |
| 28 Jan 2026 | Redburn Partners Fahed Kunwar | — | 685.00 | — | 520.41 |
| 26 Jan 2026 | Cantor Fitzgerald | — | 650.00 | — | 527.36 |
| 20 Jan 2026 | Truist Financial | — | 638.00 → 609.00 | -4.5% | 534.12 |
| 13 Jan 2026 | Compass Point | Upgraded · Neutral → Buy | 620.00 → 735.00 | +18.5% | 566.28 |
| 12 Dec 2025 | Evercore ISI | — | 610.00 | — | 563.47 |
| 8 Dec 2025 | HSBC | Upgraded · Hold → Buy | — | — | — |
| 7 Dec 2025 | HSBC | — | 633.00 | — | 545.52 |
Mastercard EPS and revenue estimates
Analysts expect Mastercard's EPS to grow 17.6% a year until 2028. Over the last 5 years it grew 21.0% a year, and over the last 3 years 17.3%.
Analysts expect Mastercard's revenue to grow 12.8% a year until 2028. Over the last 5 years it grew 16.5% a year, and over the last 3 years 13.8%.
Revenue
EPS
Does Mastercard beat earnings estimates?
On average, analysts' EPS estimate was 4.0% off the result, either way, and their revenue estimate 2.1%, over the last 12 quarters.
- EPS beats
- 76 / 82
- Revenue beats
- 75 / 82
- Average EPS surprise, last 12
- +4.0%
- Since
- August 2006
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 29 Oct 2026 | 5.17 | 5.31 | +2.7% | 9.66B | 9.81B | +1.5% |
| Q2 FY2026 | 30 Jul 2026 | 4.77 | 5.04 | +5.7% | 9.08B | 9.28B | +2.2% |
| Q1 FY2026 | 30 Apr 2026 | 4.41 | 4.60 | +4.3% | 8.26B | 8.40B | +1.7% |
| Q4 FY2025 | 29 Jan 2026 | 4.24 | 4.76 | +12.3% | 8.77B | 8.81B | +0.4% |
| Q3 FY2025 | 30 Oct 2025 | 4.32 | 4.38 | +1.4% | 8.53B | 8.60B | +0.8% |
| Q2 FY2025 | 31 Jul 2025 | 4.03 | 4.15 | +3.0% | 7.93B | 8.13B | +2.6% |
| Q1 FY2025 | 1 May 2025 | 3.58 | 3.73 | +4.2% | 7.13B | 7.25B | +1.7% |
| Q4 FY2024 | 30 Jan 2025 | 3.71 | 3.82 | +3.0% | 7.39B | 7.49B | +1.4% |
| Q3 FY2024 | 31 Oct 2024 | 3.74 | 3.89 | +4.0% | 7.27B | 7.37B | +1.4% |
| Q2 FY2024 | 31 Jul 2024 | 3.51 | 3.59 | +2.3% | 6.85B | 6.96B | +1.6% |
| Q1 FY2024 | 1 May 2024 | 3.24 | 3.31 | +2.2% | 6.34B | 6.35B | +0.2% |
| Q4 FY2023 | 31 Jan 2024 | 3.08 | 3.18 | +3.2% | 5.96B | 6.55B | +9.9% |
Mastercard stock price 2026–2030: scenarios
If Mastercard's earnings keep growing at the 16.4% a year analysts expect to FY2028, it would earn about 36.41 a share in FY2030. At the P/E it has traded at over the last five years (33.9 to 40.9) that is 1,234.09 to 1,488.49 a share, or 1,333.10 at its average P/E of 36.6. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 20.05 | 679.52 | 734.04 | 819.60 |
| FY2027 | 23.18 | 785.63 | 848.66 | 947.57 |
| FY2028 | 26.86 | 910.40 | 983.44 | 1,098.06 |
| FY2029 (extrapolated) | 31.27 | 1,059.96 | 1,145.00 | 1,278.46 |
| FY2030 (extrapolated) | 36.41 | 1,234.09 | 1,333.10 | 1,488.49 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 16.4% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (33.9, 36.6, 40.9).
Is Mastercard stock undervalued or overvalued?
Mastercard's P/E of 34.1 is below the middle of its 5-year range (27.3 to 48.6, median 36.8). Analysts expect slower growth than in recent years, so the low P/E may be deserved. Buyers pay about the usual price for each point of growth: a PEG of 1.9 on expected growth against 1.8 on its median P/E and past five years' growth. At its usual P/E (36.3 × EPS of 19.15), Mastercard's fair value is 695.78; the price, 652.75, is 6.2% below it. Its forward P/E, on the consensus for FY2026, is 32.6.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (27.3 and 42.8). The price against its P/E range
- Price to earnings ratio (TTM)
- 34.09
- Five-year median P/E
- 36.82
- Five-year P/E range
- 27.3 – 48.6
- Forward P/E (FY2026)
- 32.56
- PEG ratio
- 2.07
- To the average target
- +5.4%
Most undervalued US stocks
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 195.10146Price 99.09244 | +96.9% | |
| 186.680 | 359.93270Price 186.68450 | +92.8% | |
| 213.670 | 405.66304Price 213.67507 | +89.9% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 42.225 | 79.0244Price 42.23157 | +87.1% | |
| 160.650 | 299.85225Price 160.65375 | +86.6% | |
| 108.445 | 201.41108Price 108.45248 | +85.7% |
Furthest below the fair value on each stock's page, updated every day.