Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Marqeta (MQ)
NASDAQ:MQ
Marqeta (MQ) Stock Price & Analysis
553 Followers
MQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.59 - $7.36
Previous Close$5.19
Volume3.62M
Average Volume (3M)5.08M
Market Cap
$2.79B
Enterprise Value$1.44B
Total Cash (Recent Filing)$1.25B
Total Debt (Recent Filing)$5.13M
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Aug 07, 2024EPS Estimate
$0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.36
Shares Outstanding518,112,108
10 Day Avg. Volume4,065,639
30 Day Avg. Volume5,076,296
Standard Deviation0.16
R-Squared0.33
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)2.49
Price to Sales (P/S)20.26
Price to Cash Flow (P/CF)40.90
P/FCF Ratio1.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.14
Enterprise Value/Gross Profit4.38
Enterprise Value/Ebitda-37.64
Forecast
1Y Price Target
$7.39Price Target Upside37.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Marqeta News
PremiumCompany Announcements
Marqeta Leadership Changes and Share Repurchase Program
Bulls Say, Bears Say
Bulls Say
Contract Renewal And Growth PotentialMarqeta has successfully renewed the majority of its Gross Payment Volume with extended contracts and tiered pricing, setting the stage for sustained long-term growth.
Emerging Growth OpportunitiesMarqeta has identified a range of new growth opportunities, including Buy Now Pay Later and B2B credit services, opening up additional revenue streams.
Financial PerformanceAnalyst recommends a BUY rating with a price objective of 8.25 USD, reflecting confidence in Marqeta's potential for stock price appreciation.
Bears Say
EarningsThe company faces multiple headwinds on the margin front, complicating the assessment of true underlying growth.
Financial PerformanceMQ's 1Q24 revenue declined primarily due to the contract renewal with Cash App.
Investor SentimentInvestors are left dissatisfied with the follow-through on guidance and have mixed views on the first half/second half dynamic.
---
Ownership Overview
4.52% Insiders
27.05% Mutual Funds
32.71% Other Institutional Investors
35.72% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Marqeta
Desktop Users
Mobile Users
MQ FAQ
What was Marqeta’s price range in the past 12 months?
Marqeta lowest stock price was $4.59 and its highest was $7.36 in the past 12 months.
What is Marqeta’s market cap?
Currently, no data Available
When is Marqeta’s upcoming earnings report date?
Marqeta’s upcoming earnings report date is Aug 07, 2024 which is in 75 days.
How were Marqeta’s earnings last quarter?
Marqeta released its earnings results on May 07, 2024. The company reported -$0.07 earnings per share for the quarter, beating the consensus estimate of -$0.078 by $0.008.
Is Marqeta overvalued?
According to Wall Street analysts Marqeta’s price is currently Undervalued.
Does Marqeta pay dividends?
Marqeta does not currently pay dividends.
What is Marqeta’s EPS estimate?
Marqeta’s EPS estimate is $0.22.
How many shares outstanding does Marqeta have?
Marqeta has 463,882,600 shares outstanding.
What happened to Marqeta’s price movement after its last earnings report?
Marqeta reported an EPS of -$0.07 in its last earnings report, beating expectations of -$0.078. Following the earnings report the stock price went up 0.172%.
Which hedge fund is a major shareholder of Marqeta?
Among the largest hedge funds holding Marqeta’s share is Gilder Gagnon Howe & Co LLC.. It holds Marqeta’s shares valued at 39M.
---
Marqeta Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.39 (37.36% Upside)
$7.39 (37.36% Upside)
Blogger Sentiment
Bullish
MQ Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.61%
12-Months-Change
Fundamentals
Return on Equity
-14.39%
Trailing 12-Months
Asset Growth
-12.16%
Trailing 12-Months
Company Description
Marqeta
Marqeta Inc is a modern card issuing platform. Its platform empowers businesses like Affirm, DoorDash, Instacart, Klarna, and Square to create customized payment cards that provide innovative payment experiences for their customers and end-users. It derives the majority of revenue from Interchange Fees generated by card transactions through its platform. The company also generates revenue from other processing services, including monthly platform access, ATM fees, fraud monitoring, and tokenization services.
---
MQ Company Deck
---
MQ Earnings Call
Q1 2024
0:00 / 0:00
---
MQ Revenue Breakdown
68.00% Customer A
32.00% Other
---
MQ Stock 12 Month Forecast
Average Price Target
$7.39
▲(37.36% Upside)
Technical Analysis
Best Analysts Covering MQ
1 Year
1 Year Success Rate
2/7 ratings generated profit
1 Year Average Return
-14.07%
reiterated a buy rating 5 days ago
Copying Ashwin Shirvaikar's trades and holding each position for 1 Year would result in 28.57% of your transactions generating a profit, with an average return of -14.07% per trade.
---