Truist Securities Raises Mastercard (MA) Price Target to $674
Key Points
- Truist Securities maintained a Buy rating on Mastercard Incorporated on October 23, 2026, lifting its price target from $633.00 to $674.00.
- Truist Securities's $674 price target implies 8.44% upside from Mastercard Incorporated's ($MA) current $621.57 share price.
- Mastercard shares recently traded around $621.57, sitting above both their 50-day and 200-day moving averages ahead of its October 29, 2026 earnings report.
- Four insiders sold shares totaling several million dollars over the prior two months, including Chief Financial Officer Hai Ling's October 16 transaction.
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Truist Securities maintained its Buy rating on Mastercard Incorporated (NYSE: MA) on October 23, 2026, while raising its price target from $633.00 to $674.00. The note from the firm offers a fresh look at the payments giant as Wall Street weighs its upcoming financial results. Mastercard shares closed at $622.25 on October 23, 2026.
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Mastercard Incorporated
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Truist Securities' Call on Mastercard
On October 23, 2026, Truist Securities kept its Buy rating on Mastercard and lifted its target to $674.00 from $633.00. Analysts from other major firms have also updated their views recently, with Wolfe Research maintaining an Outperform rating and a $740.00 target on August 25, 2026. RBC Capital kept an Outperform rating with a $696.00 target on August 31, 2026. Baird maintained an Outperform rating and set a $710.00 target on October 9, 2026. Across Wall Street, the stock holds a consensus recommendation of strong buy from 37 analysts, with a mean price target of $674.93.
Other Institutional Activity in Mastercard
Mastercard Foundation Asset Management Corp reduced its holdings by 4,886,010 shares, ending the quarter ended June 30, 2026, with 60,347,774 shares worth about $37,551,402,371.0.
Mastercard Incorporated Stock Down 0.2%
Mastercard recently traded around $621.57 as of October 23, 2026, down about 0.1% from its event-day close. The stock trades about 7.1% above its 50-day moving average of $580.52 and about 16.4% above its 200-day moving average of $534.04. It sits about 1.9% below its 52-week high of $633.29 and about 33.8% above its 52-week low of $464.52. The company has a market capitalization of roughly $554.7 billion and a price-to-earnings ratio of 34.25.
$MA price target
Mastercard Incorporated daily closes and this analyst's $674 target. Not advice.
Recent Earnings
Mastercard generated trailing-twelve-month revenue of $35.08 billion with earnings of $18.49 per share. The company reported a net profit margin of 46.3% and a return on equity of 241.2%. Year-over-year revenue growth stood at 14.1%. The company is scheduled to release its next financial results on October 29, 2026.
Dividend
Mastercard pays an annual dividend rate of $3.48 per share, which translates to a dividend yield of 0.55%. The company's payout ratio sits at 17.9% of earnings.
Insider Buying and Selling at Mastercard Incorporated
Company insiders completed several transactions in the months leading up to the analyst note. Officer Linda Pistecchia Kirkpatrick sold 923 shares on August 31, 2026, at an average price of $593.54 for a total value of $547,837.00. Officer J. Mehra Sachin sold 3,266 shares on September 2, 2026, at $584.00 per share, totaling $1,907,344.00. Director Julius Genachowski sold 741 shares on October 12, 2026, worth $435,418.00. Finally, Chief Financial Officer Hai Ling sold 4,317 shares on October 16, 2026, at $620.00 per share for a total of $2,676,540.00.
About Mastercard
Mastercard Incorporated operates a global payments technology network that connects consumers, financial institutions, merchants, governments, and businesses across more than 210 countries and territories. The company processes payment transactions and offers a range of related financial services, including fraud prevention, cybersecurity tools, and consulting services.
Bottom Line
Investors will look closely at Mastercard's upcoming earnings report on October 29, 2026, to see if the company's transaction volumes match up with rising Wall Street expectations. Truist Securities' higher target shows confidence in the firm's growth trajectory as it heads into the print.
Related Filing Alerts
Source: Truist Securities's rating change on $MA (Oct 23, 2026). Written by software, not financial advice. How we make alerts