Marqeta, Inc. (MQ)

Market Cap	2.91B
Revenue (ttm)	576.80M
Net Income (ttm)	-190.22M
Shares Out	518.11M
EPS (ttm)	-0.36
PE Ratio	n/a
Forward PE	1,484.09
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,777,264
Open	5.58
Previous Close	5.55
Day's Range	5.50 - 5.67
52-Week Range	4.65 - 7.36
Beta	1.78
Analysts	Buy
Price Target	7.09 (+26.38%)
Earnings Date	Aug 6, 2024

About MQ

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.

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Jun 9, 2021
• Employees: 771
• Stock Exchange: NASDAQ
• Ticker Symbol: MQ

Financial Performance

In 2023, Marqeta's revenue was $676.17 million, a decrease of -9.63% compared to the previous year's $748.21 million. Losses were -$222.96 million, 20.7% more than in 2022.

Analyst Forecast

According to 16 analysts, the average rating for MQ stock is "Buy." The 12-month stock price forecast is $7.09, which is an increase of 26.38% from the latest price.

Price Target

$7.09

(26.38% upside)

Analyst Consensus: Buy