Marqeta upgraded by Berenberg with a new price target
$MQ
Computer Software: Prepackaged Software
Technology
Berenberg upgraded Marqeta from Hold to Buy and set a new price target of $8.00 from $5.00 previously
Save time and jump to the most important pieces.
| 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 |
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
8-K - Marqeta, Inc. (0001522540) (Filer)
10-Q - Marqeta, Inc. (0001522540) (Filer)
8-K - Marqeta, Inc. (0001522540) (Filer)
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
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
Even among consumers with no plans to apply for a new card, 70% said they could be swayed with the right offer or feature. Among US consumers surveyed who said they missed a credit card payment in the past year, 57% said it was the first time they had missed a payment. Nearly one-third (31%) of US consumers surveyed report personalized rewards as a "need to have" for credit card perks. Traditional approaches to credit card loyalty have shifted as more people use digital payments, and financial services companies need to reinvent their approach to reflect the current reality, according to new research out today from Marqeta (NASDAQ:MQ), the global modern card issuing platform that ena
Marqeta Flex is being developed with payments platform Branch and payment providers Klarna and Affirm, enabling real time and customized BNPL options for consumers. Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today unveiled its Marqeta Flex solution at Money 2020, an innovative new solution that revolutionizes the way BNPL payment options can be delivered inside payment apps and wallets, surfacing them at the moment of need within an existing payment flow. Marqeta Flex is being developed with leading payment providers Klarna and Affirm and payments platform Branch. Branch, a key innovation partner, plans
Marqeta's new UX Toolkit and Portfolio Migration products aim to greatly decrease the time it takes to migrate cardholders onto the Marqeta platform and design delightful new cardholder experiences. Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today introduced two new products – UX Toolkit and Portfolio Migrations – to its card program management tools. Marqeta's program management capabilities combine the power of its technology with its breadth of expertise around card implementation, helping to drive the success and scalability of its customers' card programs. UX Toolkit will allow Marqeta's customers to
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
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
SC 13G/A - Marqeta, Inc. (0001522540) (Subject)
4 - Marqeta, Inc. (0001522540) (Issuer)
4 - Marqeta, Inc. (0001522540) (Issuer)
4 - Marqeta, Inc. (0001522540) (Issuer)
Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss third quarter 2024 financial results on Monday, November 4, 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 third 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 (NASDAQ:MQ) Marqeta makes it possibl
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