Date | Price Target | Rating | Analyst |
---|---|---|---|
6/25/2024 | $7.00 | Equal Weight → Overweight | Wells Fargo |
6/24/2024 | $5.50 | Neutral | Goldman |
5/8/2024 | $7.50 → $8.00 | Buy | Monness Crespi & Hardt |
4/2/2024 | $7.50 | Buy | Monness Crespi & Hardt |
2/12/2024 | $7.00 | Neutral → Buy | BofA Securities |
11/8/2023 | $9.00 | Positive | Susquehanna |
10/31/2023 | $6.00 | Equal Weight | Wells Fargo |
10/20/2023 | $7.50 | Buy | UBS |
4 - Marqeta, Inc. (0001522540) (Issuer)
4 - Marqeta, Inc. (0001522540) (Issuer)
4 - Marqeta, Inc. (0001522540) (Issuer)
The global modern card issuer reported Total Processing Volume of $71 billion with Net Revenue of $125 million and Gross Profit of $79 million in the second quarter of 2024. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2024. The Company reported Total Processing Volume (TPV) of $71 billion, representing a year-over-year increase of 32% driven by volume growth across several use cases. The Company reported Net Revenue of $125 million, a decrease of 46% year over year, which included a 60 percentage point negative growth impact due to the change in revenue presentation resulting from the new Ca
Varo Bank selected Marqeta as its issuer processor to help achieve its mission of bringing financial inclusion and opportunity for all Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced it has signed a five-year deal with Varo Bank, N.A., the first nationally-chartered consumer techbank in the U.S., to become its issuer processor. Varo Bank offers services such as fee-free checking accounts, free ATM access at over 40,000 locations, cash advances and lines of credit, secured credit-building credit cards, instant payment solutions and high yield savings accounts to customers, with over five millio
Working with Visa and Affirm, Marqeta will enable the ultimate flexible payment experience for consumers by providing access to different funding sources on one payment card for the first time Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer. Marqeta achieved certification with Visa Flexible Credential in May 2024, which will enable cardholders of Marqeta's participating customers to easily set parameter
Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintains Marqeta (NASDAQ:MQ) with a Market Perform and lowers the price target from $7 to $6.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Wells Fargo analyst Andrew Bauch upgraded the rating for Marqeta, Inc. (NASDAQ:MQ) from Equal-Weight to Overweight and maintained the price target of $7. Marqeta shares gained 0.6% to close at $5.30 on Monday. See how other analysts view this stock. Evercore ISI Group analyst Jonathan Chappell upgraded C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) from In-Line to Outperform, while raising the price target from $82 to $99. C.H. Robinson shares gained 2% to close at $88.49 on Monday. See h
The global modern card issuer reported Total Processing Volume of $71 billion with Net Revenue of $125 million and Gross Profit of $79 million in the second quarter of 2024. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2024. The Company reported Total Processing Volume (TPV) of $71 billion, representing a year-over-year increase of 32% driven by volume growth across several use cases. The Company reported Net Revenue of $125 million, a decrease of 46% year over year, which included a 60 percentage point negative growth impact due to the change in revenue presentation resulting from the new Ca
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 2024 financial results on Wednesday, August 7, 2024 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the second quarter 2024 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 Marqeta's modern card issuing
The global modern card issuer reported $67 billion in Total Processing Volume with Net Revenue of $118 million in the first quarter of 2024. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the first quarter ended March 31, 2024. The Company reported Total Processing Volume (TPV) of $67 billion, representing a year-over-year increase of 33% driven by volume growth across several use cases. Marqeta reported Net Revenue of $118 million, a decrease of 46% year over year, which included a 58 percentage point negative growth impact due to the change in revenue presentation resulting from the new Cash App contract effective as of July
Wells Fargo upgraded Marqeta from Equal Weight to Overweight and set a new price target of $7.00
Goldman resumed coverage of Marqeta with a rating of Neutral and set a new price target of $5.50
Monness Crespi & Hardt reiterated coverage of Marqeta with a rating of Buy and set a new price target of $8.00 from $7.50 previously
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
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
Gantt-Evans is a US Army Reserves veteran and previous Fortune 100 cybersecurity leader who brings over 15 years of cybersecurity and risk management expertise to Marqeta during a time of continued global expansion Marqeta (NASDAQ:MQ), the global modern card issuing platform, today announced the appointment of Heather Gantt-Evans as its Chief Information Security Officer (CISO). Gantt-Evans is a previous security and risk management leader at SailPoint, The Home Depot and Ernst & Young, and will be responsible for overseeing Marqeta's global corporate and product security strategies. "Heather is an expert security strategist who brings a wealth of experience building results-driven cybe
Former Blend legal head brings more than a decade of legal and compliance experience to Marqeta, where she'll lead the company's global legal and risk function. Marqeta (NASDAQ:MQ), the global modern card issuing platform, today announced the addition of Chief Legal Officer, Crystal Sumner, as a key member of its executive team. Sumner will be responsible for overseeing Marqeta's global legal and regulatory affairs. "Crystal brings deep legal expertise and organizational leadership to Marqeta, with impressive experience helping companies build and scale innovative products in compliance with today's complex regulatory environments," said Simon Khalaf, CEO of Marqeta. "As Marqeta broadens
10-Q - Marqeta, Inc. (0001522540) (Filer)
8-K - Marqeta, Inc. (0001522540) (Filer)
8-K - Marqeta, Inc. (0001522540) (Filer)