Projected Target Price for IETC Analyst: $114
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 29 2025
0mins
Source: NASDAQ.COM
ETF Target Price Analysis: The iShares U.S. Tech Independence Focused ETF (IETC) has an implied analyst target price of $114.50, indicating a potential upside of 12.83% from its current trading price of $101.48.
Notable Holdings with Upside: Key underlying holdings such as CDW Corp, Mastercard Inc, and Iron Mountain Inc show significant upside potential, with target prices suggesting increases of 25.81%, 15.19%, and 14.44% respectively from their recent trading prices.
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Analyst Views on MA
Wall Street analysts forecast MA stock price to rise
28 Analyst Rating
25 Buy
3 Hold
0 Sell
Strong Buy
Current: 493.010
Low
500.00
Averages
660.00
High
739.00
Current: 493.010
Low
500.00
Averages
660.00
High
739.00
About MA
Mastercard Incorporated is a technology company in the global payments industry. The Company connects consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide by enabling electronic payments and making those payment transactions secure and accessible. It provides a range of payment solutions and services using its brands, including Mastercard, Maestro and Cirrus. It operates a payments network that provides choice and flexibility for consumers, merchants and its customers. Through its proprietary global payments network, it switches (authorizes, clears and settles) payment transactions. Its additional payments capabilities include automated clearing house (ACH) transactions (both batch and real-time account-based payments). It offers security solutions, consumer acquisition and engagement, business and market insights, gateway, processing and open banking, among other services and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Mastercard Receives BitLicense from NYDFS
- Regulatory Approval: Mastercard announced on Wednesday that it has received a BitLicense from the New York State Department of Financial Services, which establishes consumer protection, cybersecurity, and financial integrity to ensure the safe development of digital assets.
- Strategic Alignment: This approval aligns with Mastercard's long-term strategy to responsibly engage with payment and settlement infrastructures supporting digital currencies like stablecoins and tokenized deposits, further solidifying the standards underpinning its global payments network.
- Market Environment Enhancement: The NYDFS has played a crucial role in providing regulatory clarity, fostering a safe and responsible environment for the development of digital assets, thereby promoting healthy industry growth.
- Future Growth Potential: By obtaining the BitLicense, Mastercard not only enhances its competitiveness in the digital payments space but also lays the groundwork for future innovations and market expansion, further elevating its leadership position in the fintech sector.
See More
Buffett Era Ends, Attention Turns to Abel's New Strategies
- New CEO Strategy Shift: With Buffett's over sixty-year reign at Berkshire Hathaway ending, the focus is on new CEO Greg Abel's strategies, particularly as the company exited 16 investment positions, indicating a preference for traditional banks.
- Portfolio Restructuring: Berkshire's decision to exit multiple large investments, including Visa and Mastercard, while retaining an 8% stake in Bank of America signals confidence and importance placed on traditional banking.
- Significant Valuation Gap: Bank of America trades at a P/E ratio of 11.6, compared to Visa and Mastercard's 25.1 and 25.4, respectively, highlighting Berkshire's value judgment on traditional banks, which may attract long-term investors.
- Long-term Investment Advice: Despite Berkshire's sale of Visa and Mastercard, its commitment to Bank of America suggests a focus on stable income and reasonable valuations, recommending long-term investors to consider opportunities in Bank of America.
See More
Berkshire Hathaway Adjusts Portfolio Post-Buffett Era
- Portfolio Restructuring: Following Warren Buffett's departure, Berkshire Hathaway has completely divested its stakes in Visa and Mastercard, indicating a preference for traditional banks, particularly Bank of America, which constitutes 8% of its portfolio.
- Significant Valuation Gap: With Visa and Mastercard's projected P/E ratios at 25.1 and 25.4 respectively, compared to Bank of America's 11.6, Berkshire's choice highlights its strategy of favoring reasonably valued traditional banks over high-valuation fintech companies.
- Long-term Stability: Berkshire's decision to retain Bank of America despite selling high-valuation fintech stocks underscores its recognition of the long-term stability and above-average income (with a current dividend yield of approximately 2.1%) that traditional banks offer.
- Investor Strategy Insights: For long-term investors seeking value, Bank of America presents a solid option, while those interested in fintech expansion should consider Visa or Mastercard, illustrating the diversity of investment goals.
See More
Mastercard Secures BitLicense from NYDFS
- Regulatory Approval: Mastercard Transaction Services has been granted a BitLicense by the New York State Department of Financial Services, reflecting its ongoing engagement with regulators and commitment to high compliance standards, thereby strengthening its market position in the digital asset space.
- Consumer Protection Framework: New York's BitLicense framework is widely recognized for establishing comprehensive requirements related to consumer protection, cybersecurity, financial integrity, and operational resilience, ensuring Mastercard's security and reliability in the digital payments environment.
- Innovation and Compliance Alignment: Mastercard's Chief Product Officer, Jorn Lambert, stated that this approval underscores the company's alignment between innovation and regulatory expectations, ensuring high levels of security, compliance, and risk management to facilitate the practical application of digital currencies.
- Long-term Strategic Consistency: The acquisition of the BitLicense aligns with Mastercard's long-term strategy to support payment and settlement infrastructure for digital currencies like stablecoins and tokenized deposits while maintaining the high standards that underpin its global payments network.
See More
Analysis of Berkshire Hathaway's Q1 Performance Under Greg Abel
- Small Position Cleanup: In Q1, Abel eliminated 16 small positions, including Visa and Amazon, none of which accounted for more than 1% of Berkshire's total portfolio, aiming to enhance focus and efficiency in the investment strategy to improve long-term performance.
- Decisive Exit from Losers: Berkshire sold off underperforming stocks like Pool Corp. and Domino's Pizza in Q1, which may have locked in losses, but Abel believes that timely exits are necessary to prevent dragging down overall investment performance amid uncertainty.
- Investment in Special Situations: Abel initiated new stakes in Delta Air Lines and Macy's during Q1, both facing systemic challenges, indicating a strategic willingness to invest in potentially undervalued companies that could yield returns in the future despite current difficulties.
- Increased Cash Reserves: As of the end of March, Berkshire's cash reserves reached $397 billion, suggesting that Abel may be waiting for more attractive investment opportunities while potentially shifting towards wholly-owned cash-generating businesses to reduce reliance on volatile stocks.
See More
Greg Abel's Strategic Shift at Berkshire Hathaway
- Portfolio Adjustment: New CEO Greg Abel reduced investments in long-held positions like Visa and Mastercard in Q1, indicating a shift away from smaller stakes, which may enhance the overall quality and return potential of the portfolio.
- Increased Cash Reserves: As of the end of March, Berkshire Hathaway's cash reserves reached a record $397 billion, reflecting the company's strategy to wait for more attractive investment opportunities in an overvalued stock market.
- New Investment Direction: Abel initiated new stakes in Delta Air Lines and Macy's during Q1, signaling a willingness to take on higher risks for potential returns despite the systemic challenges these companies face, which may alter the company's investment style.
- Long-Term Strategic Thinking: Abel's decisions suggest that Berkshire may gradually reduce reliance on volatile stocks and shift towards more controllable cash-generating businesses, potentially providing shareholders with more stable returns.
See More
Mastercard Receives BitLicense from NYDFS
- Regulatory Approval: Mastercard announced on Wednesday that it has received a BitLicense from the New York State Department of Financial Services, which establishes consumer protection, cybersecurity, and financial integrity to ensure the safe development of digital assets.
- Strategic Alignment: This approval aligns with Mastercard's long-term strategy to responsibly engage with payment and settlement infrastructures supporting digital currencies like stablecoins and tokenized deposits, further solidifying the standards underpinning its global payments network.
- Market Environment Enhancement: The NYDFS has played a crucial role in providing regulatory clarity, fostering a safe and responsible environment for the development of digital assets, thereby promoting healthy industry growth.
- Future Growth Potential: By obtaining the BitLicense, Mastercard not only enhances its competitiveness in the digital payments space but also lays the groundwork for future innovations and market expansion, further elevating its leadership position in the fintech sector.
See More
Buffett Era Ends, Attention Turns to Abel's New Strategies
- New CEO Strategy Shift: With Buffett's over sixty-year reign at Berkshire Hathaway ending, the focus is on new CEO Greg Abel's strategies, particularly as the company exited 16 investment positions, indicating a preference for traditional banks.
- Portfolio Restructuring: Berkshire's decision to exit multiple large investments, including Visa and Mastercard, while retaining an 8% stake in Bank of America signals confidence and importance placed on traditional banking.
- Significant Valuation Gap: Bank of America trades at a P/E ratio of 11.6, compared to Visa and Mastercard's 25.1 and 25.4, respectively, highlighting Berkshire's value judgment on traditional banks, which may attract long-term investors.
- Long-term Investment Advice: Despite Berkshire's sale of Visa and Mastercard, its commitment to Bank of America suggests a focus on stable income and reasonable valuations, recommending long-term investors to consider opportunities in Bank of America.
See More
Berkshire Hathaway Adjusts Portfolio Post-Buffett Era
- Portfolio Restructuring: Following Warren Buffett's departure, Berkshire Hathaway has completely divested its stakes in Visa and Mastercard, indicating a preference for traditional banks, particularly Bank of America, which constitutes 8% of its portfolio.
- Significant Valuation Gap: With Visa and Mastercard's projected P/E ratios at 25.1 and 25.4 respectively, compared to Bank of America's 11.6, Berkshire's choice highlights its strategy of favoring reasonably valued traditional banks over high-valuation fintech companies.
- Long-term Stability: Berkshire's decision to retain Bank of America despite selling high-valuation fintech stocks underscores its recognition of the long-term stability and above-average income (with a current dividend yield of approximately 2.1%) that traditional banks offer.
- Investor Strategy Insights: For long-term investors seeking value, Bank of America presents a solid option, while those interested in fintech expansion should consider Visa or Mastercard, illustrating the diversity of investment goals.
See More
Mastercard Secures BitLicense from NYDFS
- Regulatory Approval: Mastercard Transaction Services has been granted a BitLicense by the New York State Department of Financial Services, reflecting its ongoing engagement with regulators and commitment to high compliance standards, thereby strengthening its market position in the digital asset space.
- Consumer Protection Framework: New York's BitLicense framework is widely recognized for establishing comprehensive requirements related to consumer protection, cybersecurity, financial integrity, and operational resilience, ensuring Mastercard's security and reliability in the digital payments environment.
- Innovation and Compliance Alignment: Mastercard's Chief Product Officer, Jorn Lambert, stated that this approval underscores the company's alignment between innovation and regulatory expectations, ensuring high levels of security, compliance, and risk management to facilitate the practical application of digital currencies.
- Long-term Strategic Consistency: The acquisition of the BitLicense aligns with Mastercard's long-term strategy to support payment and settlement infrastructure for digital currencies like stablecoins and tokenized deposits while maintaining the high standards that underpin its global payments network.
See More
Analysis of Berkshire Hathaway's Q1 Performance Under Greg Abel
- Small Position Cleanup: In Q1, Abel eliminated 16 small positions, including Visa and Amazon, none of which accounted for more than 1% of Berkshire's total portfolio, aiming to enhance focus and efficiency in the investment strategy to improve long-term performance.
- Decisive Exit from Losers: Berkshire sold off underperforming stocks like Pool Corp. and Domino's Pizza in Q1, which may have locked in losses, but Abel believes that timely exits are necessary to prevent dragging down overall investment performance amid uncertainty.
- Investment in Special Situations: Abel initiated new stakes in Delta Air Lines and Macy's during Q1, both facing systemic challenges, indicating a strategic willingness to invest in potentially undervalued companies that could yield returns in the future despite current difficulties.
- Increased Cash Reserves: As of the end of March, Berkshire's cash reserves reached $397 billion, suggesting that Abel may be waiting for more attractive investment opportunities while potentially shifting towards wholly-owned cash-generating businesses to reduce reliance on volatile stocks.
See More
Greg Abel's Strategic Shift at Berkshire Hathaway
- Portfolio Adjustment: New CEO Greg Abel reduced investments in long-held positions like Visa and Mastercard in Q1, indicating a shift away from smaller stakes, which may enhance the overall quality and return potential of the portfolio.
- Increased Cash Reserves: As of the end of March, Berkshire Hathaway's cash reserves reached a record $397 billion, reflecting the company's strategy to wait for more attractive investment opportunities in an overvalued stock market.
- New Investment Direction: Abel initiated new stakes in Delta Air Lines and Macy's during Q1, signaling a willingness to take on higher risks for potential returns despite the systemic challenges these companies face, which may alter the company's investment style.
- Long-Term Strategic Thinking: Abel's decisions suggest that Berkshire may gradually reduce reliance on volatile stocks and shift towards more controllable cash-generating businesses, potentially providing shareholders with more stable returns.
See More
