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.
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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.
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You can see all of the due diligence checks on MQ's stock page.
You can use many financial metrics, analyses, models, and charts to gauge MQ's true value.
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You can do more valuation analysis on MQ's stock here.
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.
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.
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.
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.
No, Marqeta doesn't provide an income stream by paying out dividends.
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