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Marqeta, Inc. (MQ)

NASDAQ: MQ · Delayed Price · USD
-0.80 (-2.84%)
Pre-market:Sep 20, 2021 7:13 AM EDT
-1.27 (-4.31%)
At close: Sep 17, 4:00 PM
Market Cap15.21B
Revenue (ttm)402.75M
Net Income (ttm)n/a
Shares Out234.67M
EPS (ttm)-0.69
PE Ration/a
Forward PEn/a
Ex-Dividend Daten/a
Previous Close29.47
Day's Range28.01 - 29.82
52-Week Range23.75 - 32.75
Price Target34.00 (+20.6%)
Est. Earnings DateNov 10, 2021

About MQ

Marqeta’s modern card issuing platform empowers our Customers—which include businesses like Affirm, DoorDash, Instacart, Klarna, and Square—to create customized payment cards that provide innovative payment experiences for their customers and end users. Before the rise of modern card issuing, creating cards was slow, complex, and subject to mistakes. Marqeta helps solve these problems. Our Platform, powered by open APIs, enables businesses to develop modern, frictionless payment card experiences for consumer and commercial use cases that ...

IPO DateJun 9, 2021
CEOJason Gardner
Stock ExchangeNASDAQ
Ticker SymbolMQ
Full Company Profile

Financial Performance

In 2020, Marqeta's revenue was $290.29 million, an increase of 102.62% compared to the previous year's $143.27 million. Losses were -$47.70 million, -18.05% less than in 2019.

Financial Statements


Americans Feel the Financial Burden of COVID-19, With 65% Relying on Credit Cards to Make Ends Meet as the Pandemic C...

OAKLAND, Calif.--(BUSINESS WIRE)--US consumers have turned to credit en masse to help ease the financial burden brought on by the pandemic, according to a new survey by Marqeta (NASDAQ:MQ), the global m...

4 days ago - Business Wire

COVID Credit Crunch: 59% of UK Consumers Have Used Credit Cards ‘To Make Ends Meet' During Pandemic

LONDON--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform, has today released a new report highlighting how the economic stress of the pandemic has increased the popularity ...

4 days ago - Business Wire

Marqeta, Zip Team on BNPL Payments

Global card issuing platform Marqeta is continuing a partnership it has had with Australia-based Zip Co. for the past year and will keep powering the buy now, pay later (BNPL) company, according to a pr...

1 week ago - PYMNTS

Marqeta Partners with Zip Co. in Australia to Fuel Growth of Buy Now, Pay Later Offering

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced a continued partnership with Zip Co. in Australia, completing the first year of powering ...

1 week ago - Business Wire

Top 10 IPOs In Q2 2021: AppLovin And UiPath Lead Way, While Offering Numbers Drop

The number of IPOs launched in the second half of 2021 fell due to a lower number of SPAC IPOs. Traditional IPOs rebounded and saw eight listings that raised $1 billion or more.

2 weeks ago - Benzinga

We're very proud to power Affirm and help them as they penetrate Amazon: Marqeta CEO

Marqeta Founder & CEO Jason Gardner joins Yahoo Finance to discuss the company's first successful quarterly earnings beat that benefited from growing interest in the buy-now-pay-later service, Amazon's ...

Other symbols:AFRM
2 weeks ago - Yahoo Finance

3 Under-the-Radar Tech Stocks to Watch After Explosive Q2 Earnings Results, Marqeta, and Global-e are riding a huge wave of digital change.

Other symbols:GLBEMNDY
4 weeks ago - The Motley Fool

Marqeta Commits To Plastic Neutrality, Launches Recycled Card Product and New Partnership to Offset Plastic Footprint

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced a new initiative today to offer customers the choice to issue physical cards made from recycled...

1 month ago - Business Wire

Why Marqeta Stock Sank on Thursday

Despite reporting strong second-quarter revenue growth, the Street seems disappointed with Marqeta's first quarterly results as a publicly traded company.

1 month ago - The Motley Fool

Marqeta quarterly revenue jumps 76%

Marqeta Inc reported a 76% jump in second-quarter revenue on Wednesday, as the payments company benefited from a surge in transactions made through its platform.

1 month ago - Reuters

Marqeta Second Quarter Earnings Report Shows 76 Percent Jump in Net Revenue, Driven by Customer Growth

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), a leading modern card issuing platform, today reported financial results for the second quarter ended June 30, 2021. Marqeta reported net re...

1 month ago - Business Wire

Marqeta To Power Virtual Google Pay Balance Card

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, the global modern card issuing platform, announced today that its modern card issuing platform will power the new virtual Google Pay balance card. The new virt...

1 month ago - Business Wire

Marqeta Announces Randy Kern as New Chief Technology Officer

OAKLAND, Calif.--(BUSINESS WIRE)--As previously disclosed in Marqeta's Registration Statement on Form S-1 in connection with its initial public offering, Marqeta (NASDAQ: MQ), the global modern card iss...

1 month ago - Business Wire

Marqeta and Payfare enter into Strategic Partnership

Payfare partners with Marqeta to accelerate the expansion of its platform across North America, Europe, Asia Pacific and beyond. TORONTO, July 13, 2021 /PRNewswire/ -- Marqeta (NASDAQ: MQ), the global m...

2 months ago - PRNewsWire

Marqeta to Announce Second Quarter 2021 Results on August 11, 2021

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2021 fina...

2 months ago - Business Wire

7 Jumbo IPOs to Put on Your Must-Buy Stocks List for 2021

Only a select few companies raised at least $1 billion from their IPOs in the first six months of 2021. Here are seven of the best.

2 months ago - InvestorPlace

IPOs See Best Q2 in 2 Decades: ETFs to Ride the Boom

The U.S. IPO market set another milestone in the second quarter with 113 IPOs raising $39.9 billion, marking the busiest quarter in over two decades.

2 months ago - Zacks Investment Research

Consider Buying This IPO Before the Market Wakes Up

This stock is little changed in the short time it's been on the market, but that's OK -- its opportunity is compelling.

3 months ago - The Motley Fool

Marqeta Announces Full Exercise and Closing of Underwriters' Option to Purchase Additional Shares

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ) today announced that the underwriters of its initial public offering have exercised in full their option to purchase from Marqeta an addition...

3 months ago - Business Wire

Lone Pine Swipes Stake in Marqeta as Company Hits the Market

Lone Pine Capital, the hedge fund founded by Steve Mandel (Trades, Portfolio) in 1997, revealed a stake in Marqeta Inc. ( MQ , Financial) earlier this week.

3 months ago - GuruFocus

Inside Marqeta's fintech mega-IPO

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.

3 months ago - TechCrunch

IPO/SPAC Listing Activity Picks Up As Marqeta Debuts

The pace of SPAC/IPO listings picked up a bit this past week, capped, one might say, by Marqeta's debut on the NASDAQ exchange on Wednesday (June 9). Overall, banking service-related listings notched a ...

3 months ago - PYMNTS

Marqeta shares pop after IPO: time to buy?

Hot fintech firm Marqeta Inc. (NASDAQ:MQ) shares on Wednesday popped shortly after going public to a high of $32.75. The stock pulled back to close at $30.52 after bottoming at $29.00.

3 months ago - Invezz

Marqeta's CEO: From Digital Card Issuance (At Scale) To IPO … And What's Next

From problem solver, at scale, to new listing on the Nasdaq. Marqeta, the FinTech that helps businesses issue their own credit, debit and prepaid cards, went public on Wednesday (June 9).

3 months ago - PYMNTS

Marqeta Lands $1.23 Billion In NASDAQ Debut

Marqeta, which helps companies issue debit cards, notched $1.23 billion through an initial public offering (IPO) on Wednesday (June 9). Shares in the firm soared by up to 21 percent following its introd...

3 months ago - PYMNTS