A new AgNW-graphene hybrid transparent conducting electrode (TCE) was prepared by dry-transferring a chemical vapor deposition (CVD)-grown monolayer graphene onto a pristine AgNW TCE. The AgNW-graphene hybrid TCE exhibited excellent optical and electrical properties as well as mechanical flexibility. The AgNW-graphene hybrid TCE showed highly enhanced thermal oxidation and chemical stabilities because of the superior gas-barrier property of the graphene protection layer. Furthermore, the organic solar cells with the AgNW-graphene hybrid TCE showed excellent photovoltaic performance as well as superior long-term stability under ambient conditions.