Forecast Of The Day: MasterCard’s Payment Volume Per Card

March 23rd, 2022 by Trefis Team
+27.98%
Upside
318
Market
407
Trefis
MA: Mastercard logo
MA
Mastercard

What?

MasterCard’s (NYSE:MA) Payment Volume per Card fell from $1,822 in 2019 to $1,725 in 2020 although it recovered strongly to $1,970 in 2021. Trefis expects the metric to grow to over $2,250 by 2023.

Why?

Relevant Articles
  1. Mastercard Stock Lost 7% In One Week, What’s Next?
  2. Fintech Stocks Have Tumbled. What Next?
  3. Mastercard Stock To Top The Consensus In Q1?
  4. Mastercard Stock To Miss The Earnings Consensus In Q4?
  5. Mastercard Stock Has Lost 7% In A Week, What’s Next?
  6. Mastercard Stock To Edge Past The Street Expectations In Q3?

While volumes dipped in 2020 due to the impact of Covid-19, the robust economic recovery following the early pandemic and rising consumer spending should drive growth going forward.

So What?

We value MasterCard stock at $410, 20% ahead of the current market price.

See Our Complete Analysis For Mastercard

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios

See all Trefis Price Estimates