Mastercard stock: BMO lifts target from USD 630.00 to USD 665.00

Published on 10/21/2026 at 17:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are expected on October 29, 2026 before the open. Mastercard stock costs EUR 555.50 on October 21, 2026 at 5:13 p.m. CEST.

Analyst target and earnings date

BMO Capital raised its Mastercard target from USD 630.00 to USD 665.00 on October 15, 2026.
Mastercard reported USD 9.28 billion revenue and USD 4.38 billion net income for the second quarter of 2026.
Mastercard stock costs EUR 555.50 at Lang & Schwarz on October 21, 2026 at 5:13 p.m. CEST.
Third-quarter results are expected before the open on October 29, 2026.

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Mastercard raised its investment case ahead of the next quarterly report after BMO Capital lifted its price target from USD 630.00 to USD 665.00 on October 15, 2026, while maintaining an Outperform rating, as Investing.com reported. Mastercard stock was trading at EUR 555.50 at Lang & Schwarz on October 21, 2026 at 5:13 p.m. CEST.

Target rises before October report

BMO Capital pointed to continued core strength and value-added services growth in the high-teens as reasons for the higher target. The firm also cited potential tailwinds from increasing Venezuela activity, while noting macroeconomic and geopolitical pressures. The target remains below the consensus average of USD 682.66 cited by MarketBeat on October 20, 2026, giving the analyst discussion a wider range of outcomes.

Revenue reached USD 9.28 billion

Mastercard generated USD 9.28 billion of revenue in the second quarter of 2026, up 14.1 percent from the same quarter a year earlier. Net income rose 18.5 percent to USD 4.38 billion, while diluted earnings per share increased 22.1 percent to USD 4.97, according to EarningsMadness, which identified the figures from Mastercard filings. The revenue comparison is important because the latest quarter combined double-digit expansion with a faster increase in net income.

Stock position and valuation

Mastercard's market capitalization was USD 546.8 billion on October 21, 2026, with a USD 464.52 to USD 624.53 52-week range. The latest quote of USD 624.16 stood USD 0.37 below that high during the open session at 11:23 a.m. ET, while the trailing price-to-earnings ratio was 34.33.

BMO Capital expects Mastercard to report third-quarter results on October 29, 2026, before the market opens. The scheduled report gives investors a near-term test for the growth assumptions behind the USD 665.00 target, particularly after second-quarter revenue reached USD 9.28 billion.

Comparison with peers

Mastercard: 34.33 price-to-earnings ratio, USD 546.8 billion market capitalization, as of October 21, 2026.

Visa: 0.62 percent daily change, 34.80 price-to-earnings ratio, USD 763.8 billion market capitalization, as of October 21, 2026.

American Express: 1.86 percent daily change, 19.62 price-to-earnings ratio, USD 219.0 billion market capitalization, as of October 21, 2026.

What the next report will test

The next report will show whether Mastercard can sustain the revenue and earnings growth that supported the recent target increase. Its second-quarter revenue of USD 9.28 billion and net income of USD 4.38 billion provide the latest operating benchmarks.

The further course of trading is shown by the continuously updated real-time quote of Mastercard stock.