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Mastercard poised for 40% growth as data and service revenues surge, outpacing payment processing.

Analyst Insights
13 Apr 2026
Seeking Alpha
View Source
Bullish
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Mastercard is seen as a strong long-term buy with an expected 40% upside driven by a shift towards high-margin data and service offerings, which now make up 40% of its revenue and grew 26% in 2025. This growth outpaces traditional payment processing, positioning Mastercard for sustained medium-term expansion. The company's asset-light, electronic-only model benefits from operating leverage and premium valuations, supported by a rebound in cross-border transactions. Strong client satisfaction, sticky SaaS-like services, and recent market share gains suggest that services will be the main growth driver going forward.

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