Brokers Set Expectations for Marqeta, Inc.’s FY2025 Earnings (NASDAQ:MQ)

Marqeta, Inc. (NASDAQ:MQ) – Equities research analysts at William Blair issued their FY2025 earnings per share (EPS) estimates for Marqeta in a report released on Monday, November 13th. William Blair analyst R. Napoli expects that the company will post earnings per share of ($0.32) for the year. William Blair has a “Outperform” rating on the stock. The consensus estimate for Marqeta’s current full-year earnings is ($0.44) per share.

Other equities research analysts have also issued research reports about the company. Berenberg Bank raised Marqeta from a “hold” rating to a “buy” rating and lifted their target price for the company from $5.00 to $8.00 in a research report on Wednesday, August 9th. Mizuho lifted their target price on Marqeta from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, August 24th. Susquehanna began coverage on Marqeta in a research note on Wednesday, November 8th. They issued a “positive” rating and a $9.00 price target for the company. BTIG Research downgraded Marqeta from a “neutral” rating to a “sell” rating and set a $4.00 price target for the company. in a research note on Wednesday, August 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Marqeta from $7.00 to $9.00 in a research note on Thursday, August 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.55.

Marqeta Price Performance

NASDAQ MQ opened at $6.28 on Tuesday. The firm has a market cap of $3.33 billion, a P/E ratio of -16.10 and a beta of 1.72. The stock’s 50-day moving average is $5.81 and its 200-day moving average is $5.33. Marqeta has a one year low of $3.46 and a one year high of $7.72.

Institutional Investors Weigh In On Marqeta

Hedge funds and other institutional investors have recently bought and sold shares of the company. Capital Research Global Investors grew its position in shares of Marqeta by 349.7% in the 1st quarter. Capital Research Global Investors now owns 37,142,171 shares of the company’s stock valued at $410,050,000 after buying an additional 28,882,196 shares during the last quarter. Visa Inc. bought a new stake in shares of Marqeta in the 1st quarter valued at about $137,389,000. FMR LLC grew its position in shares of Marqeta by 115.8% in the 1st quarter. FMR LLC now owns 17,762,677 shares of the company’s stock valued at $81,175,000 after buying an additional 9,531,356 shares during the last quarter. State Street Corp grew its position in shares of Marqeta by 785.9% in the 2nd quarter. State Street Corp now owns 8,385,190 shares of the company’s stock valued at $68,004,000 after buying an additional 7,438,632 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Marqeta by 87.7% in the 1st quarter. Vanguard Group Inc. now owns 15,582,276 shares of the company’s stock valued at $172,028,000 after buying an additional 7,280,853 shares during the last quarter. Institutional investors own 58.10% of the company’s stock.

Marqeta Company Profile

Marqeta, Inc operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services to developers, technical product managers, and visionary entrepreneurs. It offers its solutions in various verticals, including commerce disruptors, financial technology, embedded finance solutions, and large financial institution.