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 twelve months. 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 1 year price objectives for Marqeta's stock. Their MQ share price targets range from $4.00 to $10.00. On average, they expect the company's share price to reach $7.57 in the next twelve months. This suggests a possible upside of 40.5% 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 beginning of the year. Since then, MQ stock has decreased by 22.8% and is now trading at $5.39. 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 data on Wednesday, February, 28th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. The company earned $118.82 million during the quarter, compared to the consensus estimate of $110.80 million. Marqeta had a negative net margin of 32.97% and a negative trailing twelve-month return on equity of 13.80%. The firm's revenue was down 41.7% on a year-over-year basis. During the same period in the previous year, the company posted ($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 IPO 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 served 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 investors include Renaissance Capital LLC (0.06%) and Sanders Morris Harris LLC (0.01%). 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

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Free MQ Stock Alerts

$5.39

+0.10 (+1.89%)

(As of 04/17/2024 ET)

Compare

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

Volume: 5.71 million shs
Average Volume: 5.21 million shs
Market Capitalization: $2.77 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: 40.5% Upside
$7.57 Price Target
Short Interest: Healthy
3.45% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.53
Based on 2 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

90th out of 306 stocks

Prepackaged Software Industry

60th out of 195 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.

2.0

News and Social Media Coverage

News Sentiment
Marqeta has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Marqeta this week, compared to 3 articles on an average week.
Search Interest
47 people have searched for MQ on MarketBeat in the last 30 days. This is an increase of 4% 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 -63% 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 -12.83, 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 -12.83, 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 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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 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

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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 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

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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

February 28, 2024 | msn.com

Marqeta GAAP EPS of -$0.08 in-line, revenue of $118.82M beats by $8.47M

February 28, 2024 | finance.yahoo.com

Marqeta (NASDAQ:MQ) Exceeds Revenue Expectations In Q4

February 28, 2024 | businesswire.com

Marqeta Reports Fourth Quarter and Full Year 2023 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/17/2024
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: +43.1%
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: 4.02
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.39 per share
Price / Book: 2.21

Miscellaneous

Outstanding Shares: 513,810,000
Free Float: 457,908,000
Market Cap: $2.72 billion
Optionable: Optionable
Beta: 1.84

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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 twelve months. 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 1 year price objectives for Marqeta's stock. Their MQ share price targets range from $4.00 to $10.00. On average, they expect the company's share price to reach $7.57 in the next twelve months. This suggests a possible upside of 40.5% 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 beginning of the year. Since then, MQ stock has decreased by 22.8% and is now trading at $5.39.
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 data on Wednesday, February, 28th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. The company earned $118.82 million during the quarter, compared to the consensus estimate of $110.80 million. Marqeta had a negative net margin of 32.97% and a negative trailing twelve-month return on equity of 13.80%. The firm's revenue was down 41.7% on a year-over-year basis. During the same period in the previous year, the company posted ($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 IPO 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 served 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 investors include Renaissance Capital LLC (0.06%) and Sanders Morris Harris LLC (0.01%). 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 4/17/2024 by MarketBeat.com Staff

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