Mastercard Inc. (NYSE:MA) on Thursday reported better-than-expected second-quarter fiscal 2026 results.

Adjusted earnings came in at $5.04 per diluted share, beating the analyst consensus estimate of $4.77. Revenue rose 14% year over year to $9.277 billion, ahead of the Street estimate of $9.068 billion.

The company also updated its fiscal 2026 outlook, projecting GAAP net revenue growth in the low teens and operating expense growth at the high end of the high single digits.

On a non-GAAP, currency-neutral basis excluding inorganic activity, Mastercard continues to expect revenue growth at the high end of the low double digits and operating expense growth in the low double digits

Mastercard shares dipped 5.6% to $154.42 in pre-market trading.

These analysts made changes to their price targets on Mastercard following earnings announcement.

• Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintained the stock with an Outperform rating and raised the price target from $665 to $685.
• Keybanc analyst Andrew Schmidt maintained the stock with an Overweight rating and raised the price target from $670 to $680.

Considering buying MA stock? Here’s what analysts think:

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