
Marqeta (MQ) Stock Forecast & Price Target
Marqeta (MQ) Analyst Ratings
Bulls say
Marqeta’s stock outlook appears positive due to a sequential increase in gross profit take rate, which rose by approximately 1 basis point in 3Q24, driven by improved cost efficiency and operational performance. The company's innovative technology and strong partnerships with leading commerce disruptors, such as Block, DoorDash, and Klarna, position Marqeta to thrive amid the ongoing shift toward electronic payments globally. Additionally, the financial services sector, which constitutes the largest growth vertical, demonstrated sustained volume growth, indicating robust demand in key markets, despite anticipated delays in program launches affecting immediate growth projections.
Bears say
Marqeta's financial outlook is currently troubled, with its gross profit growth forecast reduced to 13-15%, which is 6-9% lower than previous guidance, resulting in a midpoint of approximately $94.9 million compared to $102.4 million. Furthermore, the company has lowered its fourth-quarter net revenue growth guidance to 10-12% year-over-year, a significant decline from the prior estimate of 16-18%, leading to a midpoint revision to $131.9 million from $139.0 million. Additionally, the underperformance in gross profit growth and lower than expected total payment volume (TPV) growth can be attributed to the delayed launches of new programs amid increased regulatory scrutiny, as well as a shift in revenue mix toward lower take-rate volumes.
This aggregate rating is based on analysts' research of Marqeta and is not a guaranteed prediction by Public.com or investment advice.
Marqeta (MQ) Analyst Forecast & Price Prediction
Start investing in Marqeta (MQ)
Order type
Buy in
Order amount
Est. shares
0 shares