Research Analysts Issue Forecasts for Marqeta Q1 Earnings

Marqeta, Inc. (NASDAQ:MQ - Free Report) - Stock analysts at William Blair issued their Q1 2025 earnings estimates for Marqeta in a research report issued to clients and investors on Thursday, February 27th. William Blair analyst C. Kennedy anticipates that the company will post earnings per share of ($0.03) for the quarter. The consensus estimate for Marqeta's current full-year earnings is $0.06 per share. William Blair also issued estimates for Marqeta's Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at ($0.03) EPS, FY2025 earnings at ($0.13) EPS and FY2026 earnings at ($0.08) EPS.

Marqeta (NASDAQ:MQ - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.05. Marqeta had a net margin of 2.86% and a return on equity of 1.20%. The business had revenue of $135.79 million during the quarter, compared to the consensus estimate of $132.71 million.

Several other equities research analysts also recently weighed in on MQ. Barclays reaffirmed an "equal weight" rating and issued a $4.00 price target (down from $5.00) on shares of Marqeta in a research note on Tuesday, December 17th. The Goldman Sachs Group lifted their price target on shares of Marqeta from $4.00 to $4.50 and gave the company a "neutral" rating in a research note on Thursday, February 27th. Keefe, Bruyette & Woods decreased their price target 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. Finally, Wells Fargo & Company decreased their price target on shares of Marqeta from $5.00 to $4.00 and set an "equal weight" rating for the company in a research note on Thursday, January 16th. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $5.33.

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Marqeta Price Performance

NASDAQ MQ traded down $0.05 during mid-day trading on Monday, reaching $4.06. 6,584,582 shares of the stock were exchanged, compared to its average volume of 5,571,634. Marqeta has a one year low of $3.37 and a one year high of $6.44. The stock has a 50 day simple moving average of $3.81 and a 200-day simple moving average of $4.36. The stock has a market cap of $2.04 billion, a P/E ratio of 203.00 and a beta of 1.52.

Institutional Investors Weigh In On Marqeta

Hedge funds and other institutional investors have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. purchased a new position in Marqeta during the fourth quarter worth about $72,879,000. Price T Rowe Associates Inc. MD boosted its holdings in Marqeta by 5,396.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,169,103 shares of the company's stock worth $68,862,000 after purchasing an additional 17,838,535 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Marqeta by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 11,031,591 shares of the company's stock worth $41,819,000 after purchasing an additional 318,184 shares during the last quarter. RPD Fund Management LLC purchased a new position in Marqeta during the fourth quarter worth about $37,289,000. Finally, Westfield Capital Management Co. LP boosted its holdings in Marqeta by 4.0% during the third quarter. Westfield Capital Management Co. LP now owns 8,333,453 shares of the company's stock worth $41,001,000 after purchasing an additional 319,661 shares during the last quarter. 78.64% of the stock is owned by institutional investors.

Marqeta Company Profile

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.