Marqeta (MQ) Stock Price, News & Analysis

Company Overview

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. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

Key Stats

• Today's Range: $3.67 to $3.86
• 50-Day Range: $3.42 to $5.95
• 52-Week Range: $3.37 to $7.36
• Volume: 8.98 million shs
• Average Volume: 5.83 million shs
• Market Capitalization: $1.88 billion
• P/E Ratio: 187.50
• Dividend Yield: N/A
• Price Target: $6.03
• Consensus Rating: Hold

Marqeta Stock Analysis - MarketRank™

Marqeta scored higher than 63% of companies evaluated by MarketBeat, and ranked 134th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Marqeta has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 5 buy ratings, 11 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Marqeta has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Marqeta are expected to decrease in the coming year, from $0.06 to ($0.16) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Marqeta is 187.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Marqeta is 187.50, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.41.

Price to Book Value per Share Ratio

Marqeta has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.35% 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 2.6, 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 3.68%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Marqeta does not currently pay a dividend.

Dividend Growth

Marqeta does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.35% 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 2.6, 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 3.68%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.08

News Sentiment

Marqeta has a news sentiment score of 0.08. 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 0.57 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 46 news articles for Marqeta this week, compared to 6 articles on an average week.

Search Interest

Only 28 people have searched for MQ on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Marqeta to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Marqeta insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.12% 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

78.64% of the stock of Marqeta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MQ Stock Analysis - Frequently Asked Questions

How have MQ shares performed this year?

Marqeta's stock was trading at $6.98 at the beginning of 2024. Since then, MQ stock has decreased by 46.3% and is now trading at $3.75.
View the best growth stocks for 2024 here.

How were Marqeta's earnings last quarter?

Marqeta, Inc. (NASDAQ:MQ) issued its earnings results on Monday, November, 4th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.01. The company's revenue for the quarter was up 20.8% on a year-over-year basis.

When did Marqeta IPO?

Marqeta (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.

Who are Marqeta's major shareholders?

Marqeta's top institutional shareholders include FMR LLC (6.35%), State Street Corp (2.20%), Geode Capital Management LLC (2.11%) and Westfield Capital Management Co. LP (1.64%). Insiders that own company stock include Judson C Linville, Martha Cummings, Seth R Weissman, Najuma Atkinson and Randall F Kern.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Marqeta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Marqeta investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Broadcom (AVGO), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:MQ
• CUSIP: N/A
• CIK: 1522540
• Web: www.marqeta.com
• Phone: 888-462-7738
• Fax: N/A
• Employees: 960
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.03
• High Stock Price Target: $10.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +60.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.31
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.02
• Trailing P/E Ratio: 187.50
• Forward P/E Ratio: 62.50
• P/E Growth: N/A
• Net Income: $-222,960,000.00
• Net Margins: 2.86%
• Pretax Margin: 2.73%
• Return on Equity: 1.20%
• Return on Assets: 0.92%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.66
• Quick Ratio: 3.66

Sales & Book Value

• Annual Sales: $490.03 million
• Price / Sales: 3.84
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.39 per share
• Price / Book: 1.57

Miscellaneous

• Outstanding Shares: 502,394,000
• Free Float: 441,504,000
• Market Cap: $1.88 billion
• Optionable: Optionable
• Beta: 1.54