UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each classTrading Symbol(s) Name of each exchange on which registered Class A common stock, $0.0001 par value per share MQ The Nasdaq Stock Market LLC (Nasdaq Global Select Market) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

MARQETA REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS The global modern card issuer reported Total Processing Volume growth of 30% and Gross Profit growth of 24% in the third quarter of 2024. OAKLAND, Calif. – November 4, 2024 - Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2024. The Company reported Total Processing Volume (TPV) of $74 billion, representing a year-over-year increase of 30%. The Company reported ...

Card issuing platform Marqeta has a new chief artificial intelligence (AI) officer. Fouzi Husaini, a veteran of Amazon and Capital One, will play a key role in Marqeta's efforts to scale its AI organization, the company announced Monday (Sept. 23). "We're thrilled to have Fouzi on board," Marqeta Chief Product and Technology Officer Randy Kern said in a news release. "His deep knowledge of AI and machine learning, combined with decades of on-the-ground AI leadership at top companies, will be instrumental in ...

Marqeta (MQ) closed the last trading session at $5.33, gaining 9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.36 indicates a 38.1% upside potential. The average comprises 16 short-term price targets ranging from a low of $5.50 to a high of $9, with a standard deviation of $1.09. While the lowest estimate indicates an increase of 3.2% from the current price level, the most op ...

This company is doing far better than most of Wall Street realizes. Fintech card issuer Marqeta (MQ -0.19%) went public in the summer of 2021, and the market has mercilessly sold it down ever since. The stock peaked near $33 shortly after its IPO but has drifted as low as $3 and is hanging around $5 today. Investors should be careful about letting price action define the company behind the stock. Was Marqeta expensive at over $30? Did the stock deserve to trade for a few dollars per share? The truth is usua ...

Marqeta (MQ) closed the last trading session at $5.43, gaining 3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.36 indicates a 35.5% upside potential. The mean estimate comprises 16 short-term price targets with a standard deviation of $1.09. While the lowest estimate of $5.50 indicates a 1.3% increase from the current price level, the most optimistic analyst expects the stock ...

J Studios/DigitalVision via Getty Images Introduction Marqeta (NASDAQ:MQ) — the modern card issuing and payment processing platform — just reported Q2 earnings that beat both analyst Revenue and EPS estimates, sending shares 8% higher the following day. While the post-earnings rally was a confidence boost for shareholders, it is worth noting that Marqeta stock is still down 80%+ from its IPO price of $27 a share. Back then, the company was valued at a Market Cap of $15B — today, it is worth less than $3B. W ...

Marqeta, Inc. (NASDAQ:MQ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Stacey Finerman - VP, Investor Relations Simon Khalaf - CEO Mike Milotich - CFO Conference Call Participants Timothy Chiodo - UBS Tien-Tsin Huang - JPMorgan Darrin Peller - Wolfe Research Craig Maurer - FT Partners Ramsey El-Assal - Barclays Will Nance - Goldman Sachs Andrew Schmidt - Citi Andrew Bauch - Wells Fargo Bryan Keane - Deutsche Bank Operator Welcome to the Marqeta Second Quarter 2024 Earnings ...

Marqeta (MQ) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 21.05%. A quarter ago, it was expected that this transaction processing services provider would post a loss of $0.08 per share when it actually produced a loss of $0.07, delivering a surprise of 12.50%. Over the last four quarte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each classTrading Symbol(s) Name of each exchange on which registered Class A common stock, $0.0001 par value per share MQ The Nasdaq Stock Market LLC (Nasdaq Global Select Market) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...