NASDAQ:MQ

Marqeta (MQ) Stock Price, News & Analysis

$5.86
+0.27 (+4.83%)
(As of 05/15/2024 ET)
Today's Range
$5.64
$6.00
50-Day Range
$5.29
$6.29
52-Week Range
$4.18
$7.36
Volume
7.54 million shs
Average Volume
5.15 million shs
Market Capitalization
$3.01 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.43

Marqeta MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
26.8% Upside
$7.43 Price Target
Short Interest
Healthy
4.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Marqeta in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.04) to ($0.20) 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.

3.09 out of 5 stars

Business Services Sector

144th out of 317 stocks

Prepackaged Software Industry

101st out of 202 stocks

MQ stock logo

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

MQ Stock News Headlines

7 Reasons To Buy Marqeta
Marqeta (NASDAQ:MQ) PT Raised to $8.00
Marqeta (NASDAQ:MQ) Rating Reiterated by Wedbush
Decoding 5 Analyst Evaluations For Marqeta
KeyBanc Keeps Their Buy Rating on Marqeta (MQ)
Marqeta's (NASDAQ:MQ) Q1 Sales Beat Estimates
MQ Stock Earnings: Marqeta Meets EPS, Beats Revenue for Q1 2024
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/15/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
771
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.43
High Stock Price Target
$10.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+26.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
16 Analysts

Profitability

Net Income
$-222,960,000.00
Pretax Margin
-33.07%

Debt

Sales & Book Value

Annual Sales
$676.17 million
Book Value
$2.36 per share

Miscellaneous

Free Float
457,908,000
Market Cap
$3.03 billion
Optionable
Optionable
Beta
1.81
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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. KernMr. 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

MQ Stock Analysis - Frequently Asked Questions

Should I buy or sell Marqeta stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marqeta in the last year. There are currently 1 sell rating, 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street 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?

16 Wall Street analysts have issued 12-month price objectives for Marqeta's shares. Their MQ share price targets range from $4.00 to $10.00. On average, they anticipate the company's share price to reach $7.43 in the next year. This suggests a possible upside of 26.8% 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 shares have decreased by 16.0% and is now trading at $5.86.
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, August 13th 2024.
View our MQ earnings forecast
.

How were Marqeta's earnings last quarter?

Marqeta, Inc. (NASDAQ:MQ) issued its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.01. The firm had revenue of $117.90 million for the quarter, compared to the consensus estimate of $117.05 million. Marqeta had a negative net margin of 32.98% and a negative trailing twelve-month return on equity of 11.84%. The company's quarterly revenue was down 45.8% on a year-over-year basis. During the same period last year, the company earned ($0.13) earnings per share.

What ETFs hold Marqeta's stock?
When did Marqeta IPO?

Marqeta (MQ) raised $1 billion in an initial public offering (IPO) on Wednesday, June 9th 2021. The company issued 45,500,000 shares at $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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.23%), Westfield Capital Management Co. LP (1.44%), Capital International Investors (1.34%), Industry Ventures L.L.C. (0.73%), ZWJ Investment Counsel Inc. (0.35%) and Capital Research Global Investors (0.32%). 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 5/15/2024 by MarketBeat.com Staff

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