Mastercard (NYSE:MA) Shares Climb 3.2% Following Analyst Upgrade

Posted by Francis Steltz on Nov 2nd, 2026

Mastercard Incorporated (NYSE:MA – Get Free Report)’s share price rose 3.2% on Monday after UBS Group raised their price target on the stock from $670.00 to $750.00. UBS Group currently has a buy rating on the stock. Mastercard traded as high as $661.34 and last traded at $658.6790. 3,971,443 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 3,513,087 shares. The stock had previously closed at $638.01.

MA has been the topic of several other research reports. JPMorgan Chase & Co. lifted their target price on shares of Mastercard from $720.00 to $755.00 and gave the stock an “overweight” rating in a report on Friday. Evercore boosted their target price on shares of Mastercard from $550.00 to $620.00 in a research report on Friday, July 31st. Raymond James Financial restated an “outperform” rating and set a $632.00 price target (up from $609.00) on shares of Mastercard in a report on Friday, July 31st. Dbs Bank raised Mastercard to a “moderate buy” rating in a research report on Friday, August 21st. Finally, KeyCorp raised their price target on Mastercard from $722.00 to $735.00 and gave the company an “overweight” rating in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Mastercard has a consensus rating of “Moderate Buy” and a consensus target price of $702.91.

Read Our Latest Report on MA

Insiders Place Their Bets

In related news, CFO Ling Hai sold 4,317 shares of the company’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $620.00, for a total value of $2,676,540.00. Following the completion of the transaction, the chief financial officer directly owned 35,750 shares in the company, valued at approximately $22,165,000. This represents a 10.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 7,444 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total value of $4,296,155.72. Following the completion of the transaction, the insider directly owned 40,916 shares of the company’s stock, valued at approximately $23,613,851.08. This trade represents a 15.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 39,420 shares of company stock valued at $22,882,963 in the last ninety days. 0.09% of the stock is currently owned by insiders.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: UBS raised its price target from $670 to $750 and upgraded/maintained a “Buy” rating, implying additional upside from recent trading levels. UBS Mastercard rating
Positive Sentiment: Cantor Fitzgerald increased its target from $695 to $765 and kept an “Overweight” rating, signaling expectations for continued appreciation. Cantor Fitzgerald Mastercard rating
Positive Sentiment: Additional analysts raised their Mastercard targets to $700, $726, $740, and $742, broadening the positive revision trend. Mastercard price target raised to $742 Mastercard price target raised to $726 Mastercard price target raised to $700 Mastercard price target raised to $740
Positive Sentiment: Recent commentary from JPMorgan and Wells Fargo also projects strong appreciation for MA, contributing to a broadly favorable analyst outlook. JPMorgan Mastercard outlook Wells Fargo Mastercard outlook
Neutral Sentiment: Analyst recommendations can influence short-term trading, but investors should remember that price targets are forecasts rather than guarantees. Zacks Mastercard analyst views

Institutional Trading of Mastercard

Institutional investors have recently made changes to their positions in the business. Genesis Private Wealth LLC raised its holdings in shares of Mastercard by 3.9% in the 3rd quarter. Genesis Private Wealth LLC now owns 1,697 shares of the credit services provider’s stock worth $936,000 after buying an additional 63 shares in the last quarter. Quadcap Wealth Management LLC boosted its stake in Mastercard by 1.9% in the 3rd quarter. Quadcap Wealth Management LLC now owns 2,563 shares of the credit services provider’s stock valued at $1,414,000 after buying an additional 47 shares in the last quarter. QTR Family Wealth LLC boosted its stake in Mastercard by 4.3% in the 3rd quarter. QTR Family Wealth LLC now owns 1,274 shares of the credit services provider’s stock valued at $703,000 after buying an additional 52 shares in the last quarter. Platform Technology Partners boosted its stake in Mastercard by 0.9% in the 3rd quarter. Platform Technology Partners now owns 3,930 shares of the credit services provider’s stock valued at $2,167,000 after buying an additional 35 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. boosted its stake in Mastercard by 25.0% in the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 160 shares of the credit services provider’s stock valued at $88,000 after buying an additional 32 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard Stock Up 3.2%

The business has a 50-day simple moving average of $586.79 and a two-hundred day simple moving average of $536.21. The stock has a market capitalization of $577.01 billion, a P/E ratio of 34.45, a PEG ratio of 1.81 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29.

Mastercard (NYSE:MA – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.17 by $0.14. The firm had revenue of $9.81 billion during the quarter, compared to analyst estimates of $9.66 billion. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the prior year, the company posted $4.38 earnings per share. Equities research analysts forecast that Mastercard Incorporated will post 19.96 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be issued a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.5%. Mastercard’s dividend payout ratio is presently 18.20%.

Mastercard Company Profile

(Get Free Report)

Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.

In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.