Mastercard (MA) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $5.04
- Estimate
- $4.78
- Surprise
- +5.5%
- Revenue (period 2026-06-30)
- $9.28B
- Score at report (before → after)
- 6.5 → 6.3/10
Revenue source: xbrl.
How the report landed
Mastercard (MA) beat the $4.78 estimate with adjusted EPS of $5.04 — a clear 5.5% upside surprise. TrendMatrix's engine moved from Sell (6.5/10) to Hold at 6.3/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MA Hold at 5.8/10.
4 of the last 4 quarters beat the estimate; this quarter's +5.5% surprise compares with a +5.9% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.6 in RISK_OFF)
- Sector modifier (Financial Services): +1.0
What argues against it
- Leverage penalty (D/E 4.4): -1.5
- Expensive valuation
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $552.26
- Price target
- $613.38
- Stop
- $534.42
- Upside to target
- +11.1%
- Reward-to-risk
- 2.2:1
The stock trades at 30.2× trailing but 24.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-04 — shown for context, not personalized investment advice.
MA at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Credit Services
- Market cap
- $483.79B
- P/E (fwd)
- 24.0
- P/E (ttm)
- 30.2
- 52-week range
- $464.52–$601.23
- Off 52-week high
- 8.1%
- RSI (14)
- 30
- Volume vs avg
- 0.89×
- Score today
- 5.8/10