Should I buy or sell Marqeta stock right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marqeta in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research 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?

21 brokerages have issued 12-month price targets for Marqeta's stock. Their MQ share price targets range from $4.00 to $9.00. On average, they expect the company's stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 8.0% 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 increased by 2.3% and is now trading at $6.25. 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 Tuesday, February 27th 2024. View our MQ earnings forecast .

How were Marqeta's earnings last quarter?

Marqeta, Inc. (NASDAQ:MQ) released its earnings results on Tuesday, November, 7th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.03. The firm earned $108.89 million during the quarter, compared to analysts' expectations of $96.24 million. Marqeta had a negative trailing twelve-month return on equity of 12.22% and a negative net margin of 27.45%.

What ETFs hold Marqeta's stock?

ETFs with the largest weight of Marqeta (NASDAQ:MQ) stock in their portfolio include ETFMG Prime Mobile Payments ETF (IPAY) , Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Renaissance IPO ETF (IPO) . Fidelity Growth Opportunities ETF (FGRO) .

When did Marqeta IPO?

(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 served 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 many different retail and institutional investors. Top institutional investors include FMR LLC (5.36%), Industry Ventures L.L.C. (1.28%), Alkeon Capital Management LLC (0.97%), Westfield Capital Management Co. LP (0.96%), Northern Trust Corp (0.82%) and Invesco Ltd. (0.68%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Marqeta Stock Price, News & Analysis (NASDAQ:MQ)

$6.35

+0.18 (+2.92%)

(As of 03:03 PM ET)

Compare

Today's Range: $6.04
▼
$6.37
50-Day Range: $5.03
▼
$6.44
52-Week Range: $3.46
▼
$7.51

Volume: 3.24 million shs
Average Volume: 5.66 million shs
Market Capitalization: $3.31 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.75

Marqeta MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.52 Rating Score
Upside/Downside: 8.0% Upside
$6.75 Price Target
Short Interest: Healthy
5.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.38
Based on 3 Articles This Week
Insider Trading: Selling Shares
$332,476 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.43) to ($0.33) Per Share

Overall MarketRank^™

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

1.71 out of 5 stars

Business Services Sector

141st out of 252 stocks

Prepackaged Software Industry

93rd out of 165 stocks

2.3

Analyst's Opinion

Consensus Rating
Marqeta has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on 12 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $6.75, Marqeta has a forecasted upside of 8.0% from its current price of $6.25.
Amount of Analyst Coverage
Marqeta has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
5.10% of the float of Marqeta has been sold short.
Short Interest Ratio / Days to Cover
Marqeta has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Marqeta has recently decreased by 2.20%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Marqeta does not currently pay a dividend.
Dividend Growth
Marqeta does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MQ.

1.9

News and Social Media Coverage

News Sentiment
Marqeta has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Marqeta this week, compared to 3 articles on an average week.
Search Interest
39 people have searched for MQ on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Marqeta to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Marqeta insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $332,476.00 in company stock.
Percentage Held by Insiders
10.88% of the stock of Marqeta is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
58.10% of the stock of Marqeta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Marqeta are expected to grow in the coming year, from ($0.43) to ($0.33) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Marqeta is -16.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Marqeta is -16.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Marqeta has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Marqeta Stock (NASDAQ:MQ)

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, financial technology, embedded finance solutions, and large financial institution. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

MQ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MQ Stock News Headlines

December 7, 2023 | seekingalpha.com

Marqeta: Long Growth Runway Supported By Strong Secular Tailwinds

November 28, 2023 | americanbankingnews.com

Marqeta, Inc. (NASDAQ:MQ) Given Average Rating of "Moderate Buy" by Brokerages

December 8, 2023 | Edge On The Street (Ad)

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November 17, 2023 | markets.businessinsider.com

Hold Rating for Marqeta’s Stock: Analysis of Growth Targets and Future Market Opportunities

November 12, 2023 | seekingalpha.com

Marqeta: Bullish Clarity

November 9, 2023 | msn.com

Susquehanna Initiates Coverage of Marqeta Inc - (MQ) with Positive Recommendation

November 9, 2023 | finance.yahoo.com

Marqeta to Publish Investor Day Materials on November 9, 2023

November 9, 2023 | msn.com

Marqeta (NASDAQ:MQ) Jumps on Q3 Top Line Beat

December 8, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

November 8, 2023 | msn.com

Why Marqeta Stock Popped Today

November 8, 2023 | theglobeandmail.com

Why Is Marqeta (MQ) Stock Soaring Today

November 8, 2023 | finance.yahoo.com

Marqeta, Inc. (NASDAQ:MQ) Q3 2023 Earnings Call Transcript

November 8, 2023 | businesswire.com

251,867

November 8, 2023 | msn.com

Marqeta stock jumps 15% on upbeat guidance, revenue beat

November 7, 2023 | msn.com

Marqeta’s stock leaps as payments company posts upbeat earnings

November 7, 2023 | finance.yahoo.com

Marqeta (MQ) Q3 2023 Earnings Call Transcript

November 7, 2023 | seekingalpha.com

Marqeta, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 7, 2023 | finance.yahoo.com

Marqeta Reports Third Quarter 2023 Financial Results

November 7, 2023 | finance.yahoo.com

Marqeta (NASDAQ:MQ) Q3: Strong Sales, Gross Margin Improves

November 7, 2023 | finance.yahoo.com

Marqeta Inc (MQ) Faces Headwinds in Q3 2023 Despite TPV Growth

October 31, 2023 | msn.com

Wells Fargo Initiates Coverage of Marqeta Inc - (MQ) with Equal-Weight Recommendation

October 24, 2023 | markets.businessinsider.com

Silent Movers: 7 Under-the-Radar Tech Stocks You Need to Start Watching

October 23, 2023 | finance.yahoo.com

Marqeta Introduces New Credit Card Platform, Helping Brands Redefine Customer Loyalty With Dynamic and Embedded Credit Experiences

October 20, 2023 | markets.businessinsider.com

What 5 Analyst Ratings Have To Say About Marqeta

October 20, 2023 | markets.businessinsider.com

Truist Financial Remains a Buy on Marqeta (MQ)

October 18, 2023 | seekingalpha.com

Marqeta's Prospects For Delivering High Gross Profits In Q3

October 17, 2023 | finance.yahoo.com

Marqeta Announces Partnership with Scalapay to Deliver Buy Now Pay Later Across Europe

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/08/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:MQ
CUSIP: N/A
CIK: 1522540
Web: www.marqeta.com
Phone: 888-462-7738
Fax: N/A
Employees: 958
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.75
High Stock Price Target: $9.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +8.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.52
Research Coverage: 21 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.39)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-184,780,000.00
Net Margins: -27.45%
Pretax Margin: -28.25%
Return on Equity: -12.22%
Return on Assets: -9.94%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.74
Quick Ratio: 4.74

Sales & Book Value

Annual Sales: $761.15 million
Price / Sales: 4.28
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.72 per share
Price / Book: 2.29

Miscellaneous

Outstanding Shares: 521,851,000
Free Float: 465,074,000
Market Cap: $3.26 billion
Optionable: Not Optionable
Beta: 1.84

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Key Executives

Mr. Jason M. Gardner (Age 53)
Founder & Executive Chairman
Comp: $1.18M
Mr. Michael Milotich (Age 46)
Chief Financial Officer
Comp: $822.18k
Mr. Randall F. Kern (Age 46)
Chief Technology Officer
Comp: $799.14k
Mr. Simon Khalaf (Age 57)
CEO & Director
Ms. Stacey Finerman
Vice President of Investor Relations
Ms. Crystal Sumner (Age 39)
Chief Legal Officer, General Counsel & Corporate Secretary
Ms. Karna Crawford
Chief Marketing Officer
Mr. Jeff Parker
Senior VP & MD of International
Mr. Todd Pollak (Age 48)
Chief Revenue Officer
Ms. Heather Gantt-Evans
Chief Information Security Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MQ Stock Analysis - Frequently Asked Questions

Should I buy or sell Marqeta stock right now?: 21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marqeta in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research 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?: 21 brokerages have issued 12-month price targets for Marqeta's stock. Their MQ share price targets range from $4.00 to $9.00. On average, they expect the company's stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 8.0% 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 increased by 2.3% and is now trading at $6.25.
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 Tuesday, February 27th 2024.
View our MQ earnings forecast.
How were Marqeta's earnings last quarter?: Marqeta, Inc. (NASDAQ:MQ) released its earnings results on Tuesday, November, 7th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.03. The firm earned $108.89 million during the quarter, compared to analysts' expectations of $96.24 million. Marqeta had a negative trailing twelve-month return on equity of 12.22% and a negative net margin of 27.45%.

What ETFs hold Marqeta's stock?: ETFs with the largest weight of Marqeta (NASDAQ:MQ) stock in their portfolio include ETFMG Prime Mobile Payments ETF (IPAY), Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Renaissance IPO ETF (IPO).Fidelity Growth Opportunities ETF (FGRO).
When did Marqeta IPO?: (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 served 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 many different retail and institutional investors. Top institutional investors include FMR LLC (5.36%), Industry Ventures L.L.C. (1.28%), Alkeon Capital Management LLC (0.97%), Westfield Capital Management Co. LP (0.96%), Northern Trust Corp (0.82%) and Invesco Ltd. (0.68%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:MQ) was last updated on 12/8/2023 by MarketBeat.com Staff

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Marqeta Stock Price, News & Analysis (NASDAQ:MQ)

Marqeta MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Marqeta Stock (NASDAQ:MQ)

MQ Stock Price History

MQ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MQ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™