Marqeta (NASDAQ:MQ - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect Marqeta to post earnings of ($0.03) per share and revenue of $135.66 million for the quarter. Marqeta has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.
Marqeta (NASDAQ:MQ - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.05. The business had revenue of $135.79 million during the quarter, compared to analysts' expectations of $132.71 million. Marqeta had a net margin of 2.86% and a return on equity of 1.20%. On average, analysts expect Marqeta to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Marqeta Price Performance
Shares of Marqeta stock traded up $0.02 on Monday, hitting $3.87. The company had a trading volume of 2,398,219 shares, compared to its average volume of 5,728,075. The firm has a market capitalization of $1.95 billion, a P/E ratio of 193.25 and a beta of 1.42. The stock has a 50-day moving average of $4.05 and a 200-day moving average of $4.04. Marqeta has a twelve month low of $3.37 and a twelve month high of $6.01.
Analyst Ratings Changes
MQ has been the topic of a number of recent research reports. The Goldman Sachs Group lowered their price objective on shares of Marqeta from $4.50 to $4.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Wells Fargo & Company reduced their price objective on shares of Marqeta from $5.00 to $4.00 and set an "equal weight" rating for the company in a research note on Thursday, January 16th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Marqeta from $5.00 to $4.00 and set a "market perform" rating on the stock in a report on Monday, January 6th. Eleven analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $5.29.
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About Marqeta
(
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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.
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