Forecast Of The Day: Mastercard’s Payment Volume Per Card
What?
Trefis expects Mastercard’s (NYSE:MA) Payment Volume per Card to increase from $1,725 in 2020 to about $1,810 in 2021 and about $1,940 in 2022.
Why?
- Mastercard Stock Gained 20% In The Last Six Months, What To Expect From Q1 Results?
- Up 36% Since The Start Of 2023, Where Is Mastercard Stock Headed?
- Where Is Mastercard Stock Headed?
- Where Is Mastercard Stock Headed?
- What To Expect From Mastercard Stock?
- Mastercard Stock Likely To Top The Earnings Consensus In Q4
Card spending is strongly linked to global consumption, and we expect the numbers to pick up, considering the economic rebound following Covid-19.
So What?
Mastercard stock has underperformed the S&P 500 over the last 12 months as Covid-19 weighed down card spending. However, we think the stock has room for gains as the economy continues to reopen and revenues rebound.
See Our Complete Analysis For Mastercard
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