Mastercard rises on strong Q2 profit

Mastercard Incorporated

30/07/2026 14:05

** Mastercard's MA.N shares rise 2.8% to $579.13 premarket 
** Stock set to open at its highest level in over six months, if gains hold
** Co posts rise in Q2 profit, boosted by steady consumer spending and robust transaction volumes
** MA reports Q2 profit of $4.4 bln, or $4.97 per share, compared with $3.7 billion, or $4.07 per share, a year earlier
** Co posts Q2 revenue of $9.3 bln, beating analyst s' average expectation of $9.07 bln - LSEG data
** 42 of 45 brokerages rate stock "buy" or higher, three "hold"; median PT is $657.5 
** As of last close, stock dipped 1.3% YTD, underperforming S&P 500's .SPX ~6.9% rise

 (Reporting by Anand Gopal in Bengaluru)
 ((anandgopal.r@thomsonreuters.com))