Marqeta, Inc. Class A Common Stock (MQ)
Marqeta, Inc. Class A (MQ) is a global payment technology company that provides a modern platform for issuing cards and processing payments. Its technology enables businesses to create customized payment solutions and manage card programs in real-time, facilitating innovations such as digital wallets, on-demand services, and embedded financial offerings.
Company News
Goldman Sachs analyst Will Nance downgraded PayPal and Marqeta, citing concerns about 2026 financial performance, including tough year-end comparisons, consumer spending pressures, and competitive challenges in online commerce.
Law firm investigating potential claims against Marqeta following a class action complaint alleging false statements and misleading guidance about regulatory challenges during May-November 2024.
Marqeta reported solid Q4 results, with a 14.3% increase in revenue to $136 million and a 29% rise in total processing volume. However, the company's annual revenue decreased by 25% due to contract changes. Marqeta's focus on expanding its market presence and diversifying its offerings, as well as its strategic partnerships and technological adva...
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While the top- and bottom-line numbers for Marqeta (MQ) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.