Marqeta (MQ)

• Market cap: $1.86B
• 1 day: 0.00%
• 5 days: 1.09%
• 1 month: -3.39%
• 3 months: -7.71%
• 6 months: -30.78%
• Year to date: -0.54%
• 1 year: -45.28%
• 5 years: -87.84%
• 10 years: -87.84%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.

Employees: 771

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

0.83% more ownership

Funds ownership: 66.79% [Q3] → 67.62% (+0.83%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 6 (+0) [Q4]

8% less funds holding

Funds holding: 271 [Q3] → 250 (-21) [Q4]

13% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 87

22% less call options, than puts

Call options by funds: $118M | Put options by funds: $151M

22% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 67

23% less capital invested

Capital invested by funds: $1.55B [Q3] → $1.19B (-$357M) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 8% upside
• Avg. target: $4 8% upside
• High target: $4 8% upside

4 analyst ratings

• positive: 0 0%
• neutral: 4 100%
• negative: 0 0%

Wells Fargo Andrew Bauch 70% 1-year accuracy 26 / 37 met price target	8% upside $4	Equal-Weight Maintained	16 Jan 2025
Keefe, Bruyette & Woods Sanjay Sakhrani 77% 1-year accuracy 30 / 39 met price target	8% upside $4	Market Perform Maintained	6 Jan 2025
Barclays Ramsey El-Assal 66% 1-year accuracy 39 / 59 met price target	8% upside $4	Equal-Weight Downgraded	17 Dec 2024
Goldman Sachs Will Nance 68% 1-year accuracy 27 / 40 met price target	8% upside $4	Neutral Maintained	2 Dec 2024