Marqeta, Inc. (MQ)

Market Cap	2.79B
Revenue (ttm)	576.80M
Net Income (ttm)	-190.22M
Shares Out	519.57M
EPS (ttm)	-0.36
PE Ratio	n/a
Forward PE	2,044.55
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,145,307
Open	5.38
Previous Close	5.31
Day's Range	5.29 - 5.40
52-Week Range	4.86 - 7.36
Beta	1.78
Analysts	Buy
Price Target	6.97 (+29.8%)
Earnings Date	Aug 7, 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 15 analysts, the average rating for MQ stock is "Buy." The 12-month stock price forecast is $6.97, which is an increase of 29.80% from the latest price.

Price Target

$6.97

(29.80% upside)

Analyst Consensus: Buy