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S&P 500   4,282.37
DOW   33,762.76
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MarketBeat Week in Review – 5/29 - 6/2
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
The 4th Military Revolution is Happening (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
The 4th Military Revolution is Happening (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
The 4th Military Revolution is Happening (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
The 4th Military Revolution is Happening (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
The 4th Military Revolution is Happening (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
The 4th Military Revolution is Happening (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NASDAQ:MQ

Marqeta (MQ) Stock Forecast, Price & News

$4.84
+0.06 (+1.26%)
(As of 06/2/2023 ET)
Compare
Today's Range
$4.72
$4.90
50-Day Range
$3.89
$4.84
52-Week Range
$3.46
$12.06
Volume
3.65 million shs
Average Volume
5.06 million shs
Market Capitalization
$2.62 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.03

Marqeta MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
45.2% Upside
$7.03 Price Target
Short Interest
Healthy
5.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of Marqeta in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$204,138 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.36) to ($0.28) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Business Services Sector

21st out of 337 stocks

Prepackaged Software Industry

10th out of 217 stocks


MQ stock logo

About Marqeta (NASDAQ:MQ) Stock

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, digital banks, tech giants, and financial institutions. As of December 31, 2021, the company had approximately 200 customers. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

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MQ Stock News Headlines

Bank of America Initiates Coverage on Marqeta (NASDAQ:MQ)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Analyst Ratings for Marqeta
Marqeta Is A Good Bet On The Cashless Society
Marqeta (NASDAQ: MQ)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Marqeta (NASDAQ:MQ) Stock Price Up 3.3%
Marqeta (NASDAQ:MQ) Trading Down 4.1% on Analyst Downgrade
The Latest Analyst Ratings for Marqeta
Marqeta (NASDAQ:MQ) PT Lowered to $6.00
1,543,632
Why Marqeta (MQ) Stock Is Trading Lower Today
Credit Suisse Reaffirms Their Buy Rating on Marqeta (MQ)
Marqeta (MQ) Q1 2023 Earnings Call Transcript
See More Headlines

MQ Price History

MQ Company Calendar

Last Earnings
5/09/2023
Today
6/03/2023
Next Earnings (Estimated)
8/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
789
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.03
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$4.50
Forecasted Upside/Downside
+45.2%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
18 Analysts

Profitability

Net Income
$-184,780,000.00
Pretax Margin
-24.98%

Debt

Sales & Book Value

Annual Sales
$748.21 million
Book Value
$2.65 per share

Miscellaneous

Free Float
420,392,000
Market Cap
$2.62 billion
Optionable
Not Optionable
Beta
1.81

Key Executives

  • Mr. Jason M. Gardner (Age 52)
    Founder, Chairperson & CEO
    Comp: $612.92k
  • Mr. Randall F. Kern (Age 45)
    Chief Technology Officer
    Comp: $459.96k
  • Mr. Michael Milotich (Age 45)
    Chief Financial Officer
  • Ms. Stacey Finerman
    VP of Investor Relations
  • Mr. Seth R. WeissmanMr. Seth R. Weissman (Age 53)
    Chief Legal Officer, Gen. Counsel, & Sec.
  • Ms. Sunaina Lobo (Age 47)
    Chief HR Officer
  • Mr. Darren Mowry (Age 47)
    Chief Revenue Officer
  • Mr. Simon Khalaf (Age 56)
    Chief Product Officer
  • Mr. Jeff Parker
    Sr. VP & MD of International













MQ Stock - Frequently Asked Questions

Should I buy or sell Marqeta stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marqeta in the last year. There are currently 1 sell rating, 8 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MQ, but not buy additional shares or sell existing shares.
View MQ analyst ratings
or view top-rated stocks.

What is Marqeta's stock price forecast for 2023?

18 equities research analysts have issued 1-year target prices for Marqeta's stock. Their MQ share price forecasts range from $4.50 to $14.00. On average, they anticipate the company's stock price to reach $7.03 in the next year. This suggests a possible upside of 45.2% 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 2023?

Marqeta's stock was trading at $6.11 at the start of the year. Since then, MQ shares have decreased by 20.8% and is now trading at $4.84.
View the best growth stocks for 2023 here
.

When is Marqeta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our MQ earnings forecast
.

How were Marqeta's earnings last quarter?

Marqeta, Inc. (NASDAQ:MQ) posted its earnings results on Tuesday, May, 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.03. The firm earned $217.40 million during the quarter, compared to analyst estimates of $211.79 million. Marqeta had a negative trailing twelve-month return on equity of 12.97% and a negative net margin of 24.14%. The business's quarterly revenue was up 30.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.11) EPS.

What guidance has Marqeta issued on next quarter's earnings?

Marqeta issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $218.41 million-$222.15 million, compared to the consensus revenue estimate of $221.85 million.

When did Marqeta IPO?

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

What is Marqeta's stock symbol?

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

Who are Marqeta's major shareholders?

Marqeta's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.60%), FMR LLC (3.30%), Renaissance Technologies LLC (1.82%), State Street Corp (1.66%), Geode Capital Management LLC (1.60%) and Industry Ventures L.L.C. (1.45%). Insiders that own company stock include 83North Ii Limited Partnership, Iconiq Strategic Partners Iii,, Judson C Linville, Najuma Atkinson 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Marqeta's stock price today?

One share of MQ stock can currently be purchased for approximately $4.84.

How much money does Marqeta make?

Marqeta (NASDAQ:MQ) has a market capitalization of $2.62 billion and generates $748.21 million in revenue each year. The company earns $-184,780,000.00 in net income (profit) each year or ($0.36) on an earnings per share basis.

How many employees does Marqeta have?

The company employs 789 workers across the globe.

How can I contact Marqeta?

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.

This page (NASDAQ:MQ) was last updated on 6/3/2023 by MarketBeat.com Staff

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