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

+5.82%
Upside
445
Market
471
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?

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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

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