Evercore ISI Lifts PT on Mastercard Incorporated (MA) to $610 From $600

Mastercard Incorporated (NYSE:MA) is one of the most profitable NYSE stocks to buy right now. Evercore ISI lifted the price target on Mastercard Incorporated (NYSE:MA) to $610 from $600 on December 12, keeping an In Line rating on the shares. The firm also added the stock to its “Tactical Outperform” list going into the end of the year and into the fiscal Q4 earnings season, citing valuation, potential reversion of relative year-to-date underperformance, and the potential for higher investor interest going into year-end as significant factors.

In a separate development, Mastercard Incorporated (NYSE:MA) announced a 14% increase in its quarterly dividend on December 9, stating that its Board of Directors declared a quarterly cash dividend of 87 cents per share, up from the previous dividend of 76 cents per share. The cash dividend would be paid to holders of record of the company’s Class A common stock and Class B common stock as of January 9, 2026, on February 9, 2026.

Mastercard Incorporated (NYSE:MA) also announced that its Board of Directors approved a new share repurchase program, allowing it to repurchase up to $14 billion of its Class A common stock. According to the management, the new share repurchase program will become effective at the completion of its previously announced $12 billion program (December 2024). Mastercard Incorporated (NYSE:MA) has around $4.2 billion remaining under the current approved share repurchase program, as of December 5, 2025.

Separately, Mastercard Incorporated (NYSE:MA) delivered net revenue growth of 17% year-over-year, or 15% on a currency-neutral basis, in its fiscal Q3 2025 results, with net income for the quarter coming to $3.9 billion, and diluted earnings per share of $4.34. Q3 net revenue also rose 17%, or 15% on a currency-neutral basis, to $8.6 billion. Management stated that the positive trends were supported by the continued strong performance of the company’s differentiated services and healthy consumer and business spending.

Mastercard Incorporated (NYSE:MA) is a technology company that provides payment solutions for developing and implementing debit, credit, prepaid, commercial, and payment programs via its brands. Its portfolio includes Mastercard, Cirrus, and Maestro. The company also offers intelligence and cyber solutions.

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Disclosure: None. This article is originally published at Insider Monkey.