Should I buy or sell Marqeta stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marqeta in the last year. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MQ shares. View MQ analyst ratings or view top-rated stocks .

What is Marqeta's stock price target for 2024?

15 Wall Street analysts have issued 12-month price targets for Marqeta's stock. Their MQ share price targets range from $4.00 to $10.00. On average, they anticipate the company's share price to reach $7.57 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price. View analysts price targets for MQ or view top-rated stocks among Wall Street analysts .

How have MQ shares performed in 2024?

Marqeta's stock was trading at $6.98 at the start of the year. Since then, MQ stock has decreased by 23.9% and is now trading at $5.31. View the best growth stocks for 2024 here .

When is Marqeta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our MQ earnings forecast .

How can I listen to Marqeta's earnings call?

Marqeta will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Marqeta's earnings last quarter?

Marqeta, Inc. (NASDAQ:MQ) released its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.01. The company earned $118.82 million during the quarter, compared to analyst estimates of $110.80 million. Marqeta had a negative trailing twelve-month return on equity of 13.80% and a negative net margin of 32.97%. The firm's quarterly revenue was down 41.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS.

What ETFs hold Marqeta's stock?

ETFs with the largest weight of Marqeta (NASDAQ:MQ) stock in their portfolio include Fidelity Crypto Industry and Digital Payments ETF (FDIG) , Amplify Mobile Payments ETF (IPAY) and Renaissance IPO ETF (IPO) . Fidelity Fundamental Large Cap Growth ETF (FGRO) .

When did Marqeta IPO?

Marqeta (MQ) raised $1 billion in an initial public offering on Wednesday, June 9th 2021. The company issued 45,500,000 shares at a price of $20.00-$24.00 per share. Goldman Sachs, J.P. Morgan, Citigroup, Barclays, William Blair and KeyBanc Capital Markets acted as the underwriters for the IPO and Nomura, HSBC, R. Seelaus & C. and Siebert Williams Shank were co-managers.

Who are Marqeta's major shareholders?

Marqeta's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Capital LLC (0.06%), Sanders Morris Harris LLC (0.01%), Allspring Global Investments Holdings LLC (0.01%) and Handelsinvest Investeringsforvaltning (0.00%). Insiders that own company stock include 83North Ii Limited Partnership, Iconiq Strategic Partners Iii,, Judson C Linville , Martha Cummings, Najuma Atkinson, Randall F Kern and Seth R Weissman . View institutional ownership trends .

How do I buy shares of Marqeta?

Shares of MQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MQ

Marqeta (MQ) Stock Price, News & Analysis

→ SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad)

Free MQ Stock Alerts

$5.31

-0.16 (-2.93%)

(As of 04/19/2024 ET)

Compare

Today's Range: $5.20
▼
$5.47
50-Day Range: $5.29
▼
$7.33
52-Week Range: $3.74
▼
$7.36

Volume: 3.53 million shs
Average Volume: 4.35 million shs
Market Capitalization: $2.73 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.57

Get Marqeta alerts:

Marqeta MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 42.6% Upside
$7.57 Price Target
Short Interest: Healthy
3.45% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.27
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.35) to ($0.26) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.61 out of 5 stars

Business Services Sector

74th out of 304 stocks

Prepackaged Software Industry

51st out of 199 stocks

4.3

Analyst's Opinion

Consensus Rating
Marqeta has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 11 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Marqeta has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.45% of the float of Marqeta has been sold short.
Short Interest Ratio / Days to Cover
Marqeta has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Marqeta has recently decreased by 13.58%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Marqeta does not currently pay a dividend.
Dividend Growth
Marqeta does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MQ.

1.8

News and Social Media Coverage

News Sentiment
Marqeta has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Marqeta this week, compared to 4 articles on an average week.
Search Interest
Only 43 people have searched for MQ on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Marqeta to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Marqeta insiders have not sold or bought any company stock.
Percentage Held by Insiders
10.88% of the stock of Marqeta is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
78.64% of the stock of Marqeta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Marqeta are expected to grow in the coming year, from ($0.35) to ($0.26) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Marqeta is -12.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Marqeta is -12.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Marqeta has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Crypto 101 Media

SHOCKING Crypto Leak…

A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.

Claim your free seat by clicking here now.

About Marqeta Stock (NASDAQ:MQ)

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

MQ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MQ Stock News Headlines

April 19, 2024 | msn.com

Marqeta joins hands with Rain for earned wage access

April 18, 2024 | pymnts.com

Marqeta and Rain Team to Offer Earned Wage Access Debit Cards

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 18, 2024 | businesswire.com

Marqeta and Rain Announce Partnership to Deliver Robust Earned Wage Access Through Embedded Finance

April 14, 2024 | americanbankingnews.com

Marqeta (NASDAQ:MQ) Trading Down 4.8%

April 5, 2024 | seekingalpha.com

Marqeta: Still Positive On Growth Reaccelerating Back To A Healthy Pace

April 2, 2024 | markets.businessinsider.com

Peeling Back The Layers: Exploring Marqeta Through Analyst Insights

April 2, 2024 | msn.com

Estee Lauder upgraded, Petco downgraded: Wall Street's top analyst calls

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 2, 2024 | businesswire.com

Marqeta to Announce First Quarter 2024 Results on May 7, 2024

March 16, 2024 | finance.yahoo.com

MQ Jan 2026 10.000 call

March 15, 2024 | ca.finance.yahoo.com

MQ Apr 2024 6.000 call

March 15, 2024 | ca.finance.yahoo.com

MQ Jan 2025 1.500 put

March 14, 2024 | seekingalpha.com

Marqeta: Block's Reliance Is Starting To Be Priced In

March 9, 2024 | msn.com

2 Magnificent Stocks Long-Term Investors Can Buy Right Now

March 4, 2024 | seekingalpha.com

Marqeta: Strong Outlook, Unjustified Selloff

March 4, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Marqeta (MQ) and Advanced Micro Devices (AMD)

March 1, 2024 | seekingalpha.com

Marqeta, Inc. (MQ) Q4 2023 Earnings Call Transcript

March 1, 2024 | markets.businessinsider.com

Marqeta’s Strong Q4 Earnings and Promising Non-Square Segment Growth Merit Buy Rating

March 1, 2024 | finance.yahoo.com

Marqeta Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line

February 29, 2024 | finance.yahoo.com

Marqeta 'still on track' despite post-earnings stock dip: CEO

February 29, 2024 | markets.businessinsider.com

Marqeta Analysis: Solid Q4 Performance with Cautious Outlook – Hold Rating Advised

February 29, 2024 | msn.com

Marqeta processes over $1B in volume in a single day for the first time

February 29, 2024 | markets.businessinsider.com

Forecasting The Future: 5 Analyst Projections For Marqeta

February 29, 2024 | finance.yahoo.com

Marqeta, Inc. (NASDAQ:MQ) Q4 2023 Earnings Call Transcript

February 29, 2024 | businesswire.com

Marqeta Exceeds $1 Billion in Single Day Total Processing Volume (TPV), Representing a New Era of Scale for the Company

February 29, 2024 | fool.com

Marqeta (MQ) Q4 2023 Earnings Call Transcript

See More Headlines

Receive MQ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Marqeta and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/28/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:MQ
CUSIP: N/A
CIK: 1522540
Web: www.marqeta.com
Phone: 888-462-7738
Fax: N/A
Employees: 771
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.57
High Stock Price Target: $10.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +42.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.42)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-222,960,000.00
Net Margins: -32.97%
Pretax Margin: -34.10%
Return on Equity: -13.80%
Return on Assets: -11.05%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.13
Quick Ratio: 4.13

Sales & Book Value

Annual Sales: $676.17 million
Price / Sales: 4.03
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.39 per share
Price / Book: 2.22

Miscellaneous

Outstanding Shares: 513,810,000
Free Float: 457,908,000
Market Cap: $2.73 billion
Optionable: Optionable
Beta: 1.84

Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

Mr. Jason M. Gardner (Age 54)
Founder & Executive Chairman
Comp: $1.18M
Mr. Michael Milotich (Age 47)
Chief Financial Officer
Comp: $822.18k
Mr. Randall F. Kern (Age 47)
Chief Technology Officer
Comp: $799.14k
Mr. Simon Khalaf (Age 58)
CEO & Director
Ms. Stacey Finerman
Vice President of Investor Relations
Ms. Crystal Sumner (Age 40)
Chief Legal Officer, General Counsel & Corporate Secretary
Mr. Alan Richard Carlisle (Age 50)
Chief Compliance Officer
Ms. Karna Crawford
Chief Marketing Officer
Mr. Todd Pollak (Age 49)
Chief Revenue Officer
Ms. Heather Gantt-Evans
Chief Information Security Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MQ Stock Analysis - Frequently Asked Questions

Should I buy or sell Marqeta stock right now?: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marqeta in the last year. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MQ shares.
View MQ analyst ratings or view top-rated stocks.
What is Marqeta's stock price target for 2024?: 15 Wall Street analysts have issued 12-month price targets for Marqeta's stock. Their MQ share price targets range from $4.00 to $10.00. On average, they anticipate the company's share price to reach $7.57 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price.
View analysts price targets for MQ or view top-rated stocks among Wall Street analysts.
How have MQ shares performed in 2024?: Marqeta's stock was trading at $6.98 at the start of the year. Since then, MQ stock has decreased by 23.9% and is now trading at $5.31.
View the best growth stocks for 2024 here.
When is Marqeta's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our MQ earnings forecast.
How can I listen to Marqeta's earnings call?: Marqeta will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Marqeta's earnings last quarter?: Marqeta, Inc. (NASDAQ:MQ) released its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.01. The company earned $118.82 million during the quarter, compared to analyst estimates of $110.80 million. Marqeta had a negative trailing twelve-month return on equity of 13.80% and a negative net margin of 32.97%. The firm's quarterly revenue was down 41.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS.

What ETFs hold Marqeta's stock?: ETFs with the largest weight of Marqeta (NASDAQ:MQ) stock in their portfolio include Fidelity Crypto Industry and Digital Payments ETF (FDIG), Amplify Mobile Payments ETF (IPAY) and Renaissance IPO ETF (IPO).Fidelity Fundamental Large Cap Growth ETF (FGRO).
When did Marqeta IPO?: Marqeta (MQ) raised $1 billion in an initial public offering on Wednesday, June 9th 2021. The company issued 45,500,000 shares at a price of $20.00-$24.00 per share. Goldman Sachs, J.P. Morgan, Citigroup, Barclays, William Blair and KeyBanc Capital Markets acted as the underwriters for the IPO and Nomura, HSBC, R. Seelaus & C. and Siebert Williams Shank were co-managers.
Who are Marqeta's major shareholders?: Marqeta's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Capital LLC (0.06%), Sanders Morris Harris LLC (0.01%), Allspring Global Investments Holdings LLC (0.01%) and Handelsinvest Investeringsforvaltning (0.00%). Insiders that own company stock include 83North Ii Limited Partnership, Iconiq Strategic Partners Iii,, Judson C Linville, Martha Cummings, Najuma Atkinson, Randall F Kern and Seth R Weissman.
View institutional ownership trends.
How do I buy shares of Marqeta?: Shares of MQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MQ) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Marqeta (MQ) Stock Price, News & Analysis

Marqeta MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Marqeta Stock (NASDAQ:MQ)

MQ Stock Price History

MQ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MQ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™