Monness Crespi & Hardt downgraded Marqeta from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $5.00 → $4.00 | Overweight → Equal Weight | Barclays |
| 11/5/2024 | Buy → Neutral | Monness Crespi & Hardt | |
| 11/5/2024 | $9.00 → $4.00 | Buy → Hold | Deutsche Bank |
| 11/5/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 11/5/2024 | Outperform → Mkt Perform | William Blair | |
| 11/5/2024 | $7.00 → $5.00 | Overweight → Equal Weight | Wells Fargo |
| 6/25/2024 | $7.00 | Equal Weight → Overweight | Wells Fargo |
| 6/24/2024 | $5.50 | Neutral | Goldman |
Mike Milotich, Marqeta's Chief Financial Officer, Appointed Interim CEO Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today announced that its Board of Directors has appointed Mike Milotich as Interim Chief Executive Officer, effective immediately. Mr. Milotich will also continue to serve in his current role of Chief Financial Officer. Mr. Milotich succeeds Simon Khalaf, who has stepped down as Chief Executive Officer and as a Director. The Company's Board of Directors has initiated a comprehensive search process, with the assistance of a leading executive search firm, to identify Marqeta's next CEO. "As we embark on a new fiscal year and look to position Marqeta
Husaini plans to expand and scale Marqeta's AI capabilities, bringing over 25 years of experience to help drive greater ROI for Marqeta customers unlocking purchasing power for all Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced that Fouzi Husaini has joined the company as its Chief Artificial Intelligence Officer. Previously at Capital One and Amazon, Husaini will play a pivotal role in scaling Marqeta's AI organization to help increase purchasing power for all by reducing risk and improving consumer and commercial rewards, while also helping accelerate our pace of innovation. "We're thrilled
Carlisle spent six years leading SoFi's compliance function and is a veteran regulatory and compliance practitioner with over 25 years of experience in financial services and capital markets. Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance capabilities for the world's innovators, today announced the appointment of Alan Carlisle as its Chief Compliance Officer (CCO). Carlisle, previously Enterprise Chief Compliance Officer at SoFi, will be responsible for elevating and expanding Marqeta's regulatory compliance management system. "Alan excels in designing and implementing risk and compliance controls, and is passionate about creating a culture wh
10-Q - Marqeta, Inc. (0001522540) (Filer)
8-K - Marqeta, Inc. (0001522540) (Filer)
DEFA14A - Marqeta, Inc. (0001522540) (Filer)
The global modern card issuer reported Total Processing Volume growth of 27% and Gross Profit growth of 17% in the first quarter of 2025. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the first quarter ended March 31, 2025. The Company reported Total Processing Volume (TPV) of $84 billion, representing a year-over-year increase of 27%. The Company reported Net Revenue of $139 million and Gross Profit of $99 million, representing increases of 18% and 17%, respectively, year-over-year. GAAP Net Loss for the quarter was $8 million and Adjusted EBITDA was $20 million. "Our Q1 results demonstrate our ability to execute our growth plan
By migrating the Perpay Credit Card to Marqeta's modern credit platform, Perpay intends to scale its offering with additional flexibility and control to meet the needs of its growing customer base. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating payments directly from a paycheck. Perpay migrated to Marqeta's modern credit card platform to build a credit card experience that helps meet its goal of enabling custo
Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions, today announced that it will host a conference call and webcast to discuss first quarter 2025 financial results on Wednesday, May 7, 2025 at 4:30 pm ET. Hosting the call will be Mike Milotich, Interim Chief Executive Office and Chief Financial Officer. A press release with the first quarter 2025 financial results will be issued after the market closes that same day. The conference call will be webcast live from Marqeta's investor relations website at https://investors.marqeta.com/. A replay will be available on the investor relations website following the call. About Marqeta Marqet
Barclays downgraded Marqeta from Overweight to Equal Weight and set a new price target of $4.00 from $5.00 previously
Monness Crespi & Hardt downgraded Marqeta from Buy to Neutral
Deutsche Bank downgraded Marqeta from Buy to Hold and set a new price target of $4.00 from $9.00 previously
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
The global modern card issuer reported Total Processing Volume growth of 27% and Gross Profit growth of 17% in the first quarter of 2025. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the first quarter ended March 31, 2025. The Company reported Total Processing Volume (TPV) of $84 billion, representing a year-over-year increase of 27%. The Company reported Net Revenue of $139 million and Gross Profit of $99 million, representing increases of 18% and 17%, respectively, year-over-year. GAAP Net Loss for the quarter was $8 million and Adjusted EBITDA was $20 million. "Our Q1 results demonstrate our ability to execute our growth plan
Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions, today announced that it will host a conference call and webcast to discuss first quarter 2025 financial results on Wednesday, May 7, 2025 at 4:30 pm ET. Hosting the call will be Mike Milotich, Interim Chief Executive Office and Chief Financial Officer. A press release with the first quarter 2025 financial results will be issued after the market closes that same day. The conference call will be webcast live from Marqeta's investor relations website at https://investors.marqeta.com/. A replay will be available on the investor relations website following the call. About Marqeta Marqet
The global modern card issuing platform's fourth quarter total processing volume grew 29 percent year-over-year, generating 18% growth in Gross Profit. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2024. Total processing volume (TPV) was $80 billion for the quarter, representing a 29% year-over-year increase. Marqeta reported Q4 Net Revenue of $136 million and Gross Profit of $98 million, representing increases of 14% and 18%, respectively, year-over-year. GAAP Net Loss for the quarter was $27 million and Adjusted EBITDA was $13 million. TPV was $291 billion for the full year
4 - Marqeta, Inc. (0001522540) (Issuer)
4 - Marqeta, Inc. (0001522540) (Issuer)
3 - Marqeta, Inc. (0001522540) (Issuer)