Marqeta, Inc. (MQ)
NASDAQ: MQ · IEX Real-Time Price · USD
5.63
-0.02 (-0.35%)
At close: May 17, 2024, 4:00 PM
5.71
+0.08 (1.42%)
After-hours: May 17, 2024, 7:54 PM EDT
Marqeta Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Marqeta stock have an average target of 7.18, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 27.53% from the current stock price of 5.63.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Marqeta stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 7 | 7 | 8 | 8 |
| Buy | 4 | 5 | 5 | 5 | 4 | 3 |
| Hold | 7 | 7 | 7 | 4 | 4 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 20 | 20 | 21 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +24.33% | May 9, 2024 |
| Wedbush | Wedbush | Hold Reiterates $6 | Hold | Reiterates | $6 | +6.57% | May 8, 2024 |
| Monness, Crespi, Hardt | Monness, Crespi, Hardt | Strong Buy Initiates $7.5 | Strong Buy | Initiates | $7.5 | +33.21% | Apr 2, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +42.10% | Mar 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $9 → $10 | Strong Buy | Reiterates | $9 → $10 | +77.62% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
539.28M
from 676.17M
Decreased by -20.25%
Revenue Next Year
672.41M
from 539.28M
Increased by 24.69%
EPS This Year
-0.34
from -0.42
EPS Next Year
-0.26
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 563.9M | 703.8M | 881.7M | 1.1B | 1.1B |
| Avg | 539.3M | 672.4M | 832.4M | 985.9M | 1.1B |
| Low | 500.1M | 608.5M | 725.9M | 871.2M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -16.6% | 30.5% | 31.1% | 27.8% | 14.8% |
| Avg | -20.2% | 24.7% | 23.8% | 18.4% | 12.6% |
| Low | -26.0% | 12.8% | 8.0% | 4.7% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.21 | -0.04 | 0.30 | -0.22 | -0.09 |
| Avg | -0.34 | -0.26 | -0.11 | -0.22 | -0.09 |
| Low | -0.51 | -0.44 | -0.32 | -0.21 | -0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.