Marqeta (NASDAQ:MQ - Get Free Report) is anticipated 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 earnings results on Wednesday, February 26th. The company reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.05. Marqeta had a return on equity of 1.20% and a net margin of 2.86%. The firm had revenue of $135.79 million for the quarter, compared to analysts' expectations of $132.71 million. On average, analysts expect Marqeta to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Marqeta Stock Performance
Shares of MQ stock opened at $4.12 on Wednesday. The stock has a 50 day moving average price of $4.03 and a 200 day moving average price of $4.07. Marqeta has a 52-week low of $3.37 and a 52-week high of $6.01. The firm has a market capitalization of $2.08 billion, a P/E ratio of 206.00 and a beta of 1.42.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on MQ shares. Keefe, Bruyette & Woods lowered their target price on shares of Marqeta from $5.00 to $4.00 and set a "market perform" rating for the company in a research note on Monday, January 6th. Wells Fargo & Company lowered 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 report on Thursday, January 16th. Finally, The Goldman Sachs Group reduced their target price on shares of Marqeta from $4.50 to $4.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. Eleven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, Marqeta presently has an average rating of "Hold" and an average target price of $5.29.
Get Our Latest Stock Analysis on Marqeta
Marqeta Company Profile
(
Get Free Report)
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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