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How to Buy Marqeta Stock

Marqeta Inc

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services to developers, technical product managers, and visionary entrepreneurs.

Marqeta stock last closed at $5.80, up 0% from the previous day, and has increased 49.1% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.27 percentage points. Marqeta stock is currently +55.08% from its 52-week low of $3.74, and -21.2% from its 52-week high of $7.36.

As of Mar 27, 2024, there are 513.81M shares of MQ outstanding. The market capitalization of MQ is $2.98B. In the past 24 hours, 4.74M MQ shares were traded.

How to Buy Marqeta Stock

Wondering how to invest in Marqeta stock? Here's how.
  1. Figure out where to buy Marqeta stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Marqeta stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Pick your method of payment and add your details.
  4. Analyze Marqeta stock: The Marqeta ticker symbol is MQ. Is Marqeta stock a good investment? Should you buy shares of MQ? How do MQ's underlying business fundamentals look? Do top analysts think Marqeta is a good buy? Why has MQ's stock price moved recently? (Hint: Our stock research website can help you decide if MQ is a good stock to buy).
  5. Place your MQ buy order: Decide if you will purchase MQ shares at the current market price or use a limit order to purchase MQ shares at a given price.
  6. Keep an eye on your MQ position: Create a watchlist to watch your new investment in Marqeta shares.

Step 1: Figure out where to buy Marqeta stock

You need an online brokerage account in order to access the NASDAQ market and buy MQ stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal information so you can buy MQ today.

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Step 3: Deposit funds into your brokerage account

Now that you have finished signing up on one of the best stock market apps, you can securely and quickly fund your account:

Check out the tutorial below for more details transferring funds into your new brokerage account.

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Step 4: Analyze Marqeta stock

Once you have chosen the best place to buy Marqeta stock, it's absolutely critical to analyze their stock prior to buying, so you actually comprehend the risk as well as the opportunity.

Marqeta Metrics

MQ Price
$5.80
1w %
-7.79%
1y %
49.1%
5y %
N/A
P/E
-13.81x
P/B
2.4x
P/S
4.57x
PEG
N/A
Revenue
$676.17M
Earnings
-$222.96M
Fore. Rev. Growth
-1.04%
Fore. Earn. Growth
N/A
Market Cap
$2.98B
Next Earnings
May 7, 2024
Next Dividend
N/A

Fundamentals of MQ

WallStreetZen was created to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on MQ's stock page.

Is MQ stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge MQ's true value.

Using relative valuations metrics:

  • MQ could be undervalued based on its P/B ratio of 2.4x, relative to Software - Infrastructure industry P/B ratio of 12.28x

You can do more valuation analysis on MQ's stock here.

MQ Financial Health Summary

Pros:

  • MQ has a low debt to equity ratio of 0.28.
  • There are more short-term assets than short-term liabilities on the MQ balance sheet.
  • MQ's operating cash flow of $21.10M allows it to safely service it's debt of $5.13M.
  • There are more short-term assets than long-term liabilities on the MQ balance sheet.

Cons:

  • MQ earnings of -$230.58M is not enough to cover its interest payments.
  • MQ profit margin has gone down from -24.7% to -33% in the past year.

Is it a good time to buy MQ stock, according to analysts?

Out of 10 Wall Street analysts who give ratings on MQ, the consensus analyst rating on MQ is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

Latest MQ Analyst Upgrades/Downgrades

Alex Markgraff, a top 29% analyst from KeyBanc maintains MQ with a strong buy rating and raises their MQ price target from $7.00 to $8.00, on Jan 8, 2024.

Dan Dolev, a bottom 1% analyst from Mizuho maintains MQ with a strong buy rating and raises their MQ price target from $7.00 to $8.00, on Nov 20, 2023.

Mizuho's Dan Dolev raised their price target on Marqeta (NASDAQ: MQ) by 14.3% from $7 to $8 on 2023/11/20. The analyst maintained their Strong Buy rating on the stock.

Marqeta's Q3 2023 earnings results, released on 2023/11/07, were "solid," Dolev said, noting that the company held an Investor Day event on 2023/11/09 to discuss FY 2024's outlook.

Management's new 2024 revenue expectations of a 20% to 24% decline followed by a mid-20s percentage increase in 2025 were ahead of consensus, the analyst reported.

James Faucette, a top 12% analyst from Morgan Stanley maintains MQ with a hold rating and raises their MQ price target from $4.50 to $5.00, on Nov 16, 2023.

James Friedman, a bottom 4% analyst from Susquehanna initiates coverage on MQ with a strong buy rating and announces their MQ price target of $9.00, on Nov 8, 2023.

Timothy Chiodo, a top 22% analyst from UBS assumes MQ with a strong buy rating and announces their MQ price target of $7.50, on Oct 20, 2023.

You can dig deeper into what analysts are saying on the Marqeta stock forecast page.

MQ Momentum

SMA10
6
SMA20
6.04
SMA50
6.15
SMA100
6.22
SMA200
5.87
MACD
-0.09
MACD Signal
-0.07
MACD Histogram
-0.03
RSI
41.88
Stochastic %K
15.2
Stochastic %D
28.2
StochRSI %K
11.99
StochRSI %D
29.63

How is MQ performing as a company?

Last year, MQ revenue was $676.17M. During the last 4 year, MQ's revenue has increased by 47.39% per year. This was faster than the Software - Infrastructure industry average of 17.21%.

Dig into MQ's earnings and revenue performance here.

Who is buying/selling MQ?

Over the last 12 months, executives and large shareholders at MQ have sold more shares than they have bought.

Randall F. Kern, Chief Product and Technology Officer of MQ, was the latest MQ insider to sell. They sold $90,412.80 worth of MQ shares on Mar 1, 2024.

Get more info about who owns MQ shares here.

Can I rely on MQ as an income stream?

No, Marqeta doesn't provide an income stream by paying out dividends.

What others are saying about MQ

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Step 5: Place your MQ buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.

Hit the Open Trade button and your broker will place the order.

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Step 6: Keep an eye on your MQ position

Now that you own some MQ shares, you'll want to stay up-to-date on your investment.

Add MQ to a watchlist to get notified of important updates regarding your MQ stock.

MQ Feed

How to Buy Stock in Marqeta

To reiterate, here are the 6 steps for buying Marqeta stock:

  1. Figure out where to buy Marqeta stock
  2. Open your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Marqeta stock
  5. Place your MQ buy order
  6. Keep an eye on your MQ position

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Marqeta, create a watchlist today.

NASDAQ: MQ
$5.80+0.00 (+0%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: MQ
$5.80+0.00 (+0%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Marqeta share?

As of Mar 27, 2024, it costs $5.80 to buy one share of Marqeta stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.345 shares of MQ.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Marqeta stock?

According to 10 Wall Street analysts who monitor Marqeta, their consensus recommendation is to buy Marqeta stock.

What is the best way to buy Marqeta stock?

One way to place an order for Marqeta stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.