Mastercard Inc Class A

MA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$122.00	Ppyy	Pyvjpsjt

Mastercard Earnings: Maintaining a Steady Trajectory

Brett Horn

Jul 27, 2023

Like Visa, Mastercard's second quarter was uneventful, with the company largely maintaining its recent trajectory. Overall, we didn't see anything in the quarter that would materially alter our long-term view and we will maintain our $389 per-share fair value estimate for the wide-moat company. We see shares as fairly valued at the moment.

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