Baird raised target for Mastercard stock from USD 660 to USD 710

Published on 10/13/2026 at 12:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mastercard stock costs EUR 533.10 on October 13, 2026 versus EUR 534.80. Second-quarter revenue rose 14.10 percent to USD 9.28 billion.

Robert W. Baird raised its Mastercard target from USD 660.00 to USD 710.00 on October 9, 2026.
Mastercard reported second-quarter revenue of USD 9.28 billion, up 14.10 percent year over year.
Mastercard stock stood at EUR 533.10 at Lang & Schwarz on October 13, 2026, EUR 1.70 below the Xetra close.
Mastercard is scheduled to report third-quarter 2026 results on October 29, 2026.

Trading-Floor der New Yorker Börse mit Händlern und großen Kursdisplays — Mastercard Inc. (ISIN US57636Q1040) ist an der NYSE notiert, gezeigt im Foto des Börsenparketts, Illustration mit AI erstellt.

Mastercard Inc. (ISIN US57636Q1040) was trading at EUR 533.10 at Lang & Schwarz on October 13, 2026 at 12:18 p.m. CEST, EUR 1.70 below the Xetra close of October 12, 2026 at EUR 534.80, a difference of minus 0.32 percent. The latest analyst action came from Robert W. Baird, which raised its Mastercard target from USD 660.00 to USD 710.00 on October 9, 2026, according to MarketBeat.

Three recent Mastercard milestones

On July 30, 2026, Mastercard reported second-quarter revenue of USD 9.28 billion and earnings per share of USD 5.04, while revenue grew 14.10 percent year over year, according to MarketBeat. On October 8, 2026, Mastercard confirmed that it would release third-quarter 2026 results on October 29 at 9:00 a.m. Eastern Time, according to Mastercard. On October 9, Baird lifted its target by USD 50.00, equal to 7.58 percent from the previous USD 660.00 target.

What does the higher target imply?

The target increase places Baird's view at USD 710.00, while Mastercard's latest reported quarter showed USD 9.28 billion in revenue and USD 4.97 in diluted earnings per share. MarketBeat said revenue exceeded the USD 9.08 billion consensus estimate by USD 0.20 billion, and earnings per share exceeded the USD 4.77 consensus by USD 0.20.

The comparison gives investors two separate reference points. Mastercard delivered double-digit year-over-year revenue growth in the second quarter, while the October target revision reflects a higher valuation view ahead of the next report. The target is denominated in USD, whereas the reference quotation for German investors is in EUR, so the figures are not combined into one price-distance calculation.

October 29 results set the next test

Mastercard's next scheduled reporting date is October 29, 2026, when the company plans to publish third-quarter results and hold its conference call at 9:00 a.m. Eastern Time, according to Mastercard. The upcoming release will show whether the second-quarter revenue pace of 14.10 percent was sustained.

At Lang & Schwarz, Mastercard stock was trading at EUR 533.10 on October 13, 2026 at 12:18 p.m. CEST, versus the Xetra close of October 12, 2026 at EUR 534.80, a difference of minus 0.32 percent. The further course of trading is shown by the continuously updated real-time quote of Mastercard stock.