Marqeta - MQ Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marqeta in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MQ shares.
View MQ analyst ratings or view top-rated stocks.

17 analysts have issued 12-month price targets for Marqeta's shares. Their MQ share price forecasts range from $7.00 to $26.00. On average, they anticipate the company's share price to reach $14.22 in the next twelve months. This suggests a possible upside of 111.0% from the stock's current price.
View analysts price targets for MQ or view top-rated stocks among Wall Street analysts.

Marqeta's stock was trading at $17.17 at the beginning of the year. Since then, MQ shares have decreased by 60.7% and is now trading at $6.74.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our MQ earnings forecast.

Marqeta, Inc. (NASDAQ:MQ) announced its earnings results on Wednesday, August, 10th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.03. The company earned $186.70 million during the quarter, compared to analyst estimates of $180.14 million. Marqeta had a negative trailing twelve-month return on equity of 12.07% and a negative net margin of 29.36%. The company's revenue was up 52.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.29) EPS.

Marqeta updated its third quarter 2022 earnings guidance on Friday, September, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $178.86 million-$181.49 million, compared to the consensus revenue estimate of $180.05 million.

(MQ) raised $1 billion in an initial public offering 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 acted as the underwriters for the IPO and Nomura, HSBC, R. Seelaus & C. and Siebert Williams Shank were co-managers.

Marqeta trades on the NASDAQ under the ticker symbol "MQ."

Marqeta's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Industry Ventures L.L.C. (1.62%), Franklin Resources Inc. (1.62%), State Street Corp (1.54%), Echo Street Capital Management LLC (1.42%), Renaissance Technologies LLC (1.29%) and FMR LLC (1.03%). Insiders that own company stock include 83North Ii Limited Partnership, Iconiq Strategic Partners Iii, and Seth R Weissman.
View institutional ownership trends.

Shares of MQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MQ stock can currently be purchased for approximately $6.74.

Marqeta (NASDAQ:MQ) has a market capitalization of $3.66 billion and generates $517.17 million in revenue each year. The company earns $-163,930,000.00 in net income (profit) each year or ($0.34) on an earnings per share basis.

The company employs 789 workers across the globe.

Marqeta's mailing address is 180 GRAND AVENUE 6TH FLOOR, OAKLAND CA, 94612. The official website for the company is www.marqeta.com. The company can be reached via phone at 888-462-7738 or via email at ir@marqeta.com.