Marqeta, Inc. (MQ)
NASDAQ: MQ · IEX Real-Time Price · USD
5.96
+0.16 (2.76%)
At close: Mar 28, 2024, 4:00 PM
6.00
+0.04 (0.67%)
After-hours: Mar 28, 2024, 6:26 PM EDT
Marqeta Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Marqeta stock have an average target of 6.94, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 16.44% from the current stock price of 5.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Marqeta stock from 18 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 6 | 7 | 7 |
Buy | 4 | 4 | 4 | 5 | 5 | 5 |
Hold | 6 | 7 | 7 | 7 | 7 | 4 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 19 | 20 | 20 | 20 | 21 | 18 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +34.23% | Mar 1, 2024 |
Truist Securities | Truist Securities | Strong Buy Reiterates $9 → $10 | Strong Buy | Reiterates | $9 → $10 | +67.79% | Feb 29, 2024 |
B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $7 | Hold → Strong Buy | Upgrades | $7 | +17.45% | Feb 12, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $6 → $7 | Hold | Maintains | $6 → $7 | +17.45% | Feb 6, 2024 |
Barclays | Barclays | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +34.23% | Jan 16, 2024 |
Financial Forecast
Revenue This Year
537.94M
from 676.17M
Decreased by -20.44%
Revenue Next Year
670.93M
from 537.94M
Increased by 24.72%
EPS This Year
-0.34
from -0.42
EPS Next Year
-0.28
from -0.34
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 568.6M | 703.8M | 881.7M | 1.1B | 1.3B |
Avg | 537.9M | 670.9M | 838.8M | 1.0B | 1.3B |
Low | 497.8M | 610.5M | 782.4M | 978.8M | 1.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -15.9% | 30.8% | 31.4% | 29.7% | 24.7% |
Avg | -20.4% | 24.7% | 25.0% | 24.6% | 22.3% |
Low | -26.4% | 13.5% | 16.6% | 16.7% | 16.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -0.20 | -0.11 | 0.11 | 0.04 | 0.03 |
Avg | -0.34 | -0.28 | -0.12 | -0.03 | 0.03 |
Low | -0.51 | -0.44 | -0.32 | -0.09 | 0.03 |
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.