MQ

Analyst Ratings Overview: In the past three months, four analysts have provided ratings on Marqeta, showing a shift in sentiment with one indifferent rating recently and an average 12-month price target of $4.12, down from $4.62.

Financial Performance Insights: Marqeta's financial metrics indicate challenges, including a net margin of -19.97% and ROE of -2.49%, while it has shown a revenue growth rate of 14.28% over three months, although still trailing behind industry peers.

Conference Call Announcement: Marqeta, Inc. will host a conference call on May 7, 2025, at 4:30 pm ET to discuss its first quarter 2025 financial results, led by Interim CEO Mike Milotich.

Company Overview: Marqeta is a global card issuing platform that enables businesses to embed financial services into their offerings, processing nearly $300 billion in payments volume in 2024 and operating in over 40 countries.

Investigation of Companies: Johnson Fistel, PLLP is investigating potential legal violations by officers of Super Micro Computer, Marqeta, SentinelOne, and New Fortress Energy, with previous class action complaints alleging misleading statements and financial misreporting.

Shareholder Actions: Long-term shareholders of these companies may have the opportunity to hold executives accountable for alleged misconduct and assist in reforming corporate governance practices.

Investigation by Johnson Fistel, LLP: The law firm is investigating potential violations of federal and state laws by officers of Super Micro Computer, Marqeta, SentinelOne, and ON Semiconductor, with claims of misleading statements and financial misreporting leading to investor damages.

Shareholder Actions: Long-term shareholders of these companies may have the opportunity to hold executives accountable and reform corporate governance through legal actions initiated by Johnson Fistel, LLP.

Marqeta and Spendesk Partnership: Marqeta has become the issuer processor for Spendesk Financial Services in Europe, enhancing Spendesk's spend management platform with real-time card processing and customizable spend controls for medium-sized businesses.

Benefits of Integration: The collaboration allows Spendesk to offer tailored physical and virtual cards, improving expense management efficiency and providing finance leaders with greater visibility and control over company spending.

Partnership Announcement: Marqeta has partnered with Spendesk Financial Services as their issuer processor in Europe, enhancing Spendesk's spend management platform for over 4,000 SMBs by implementing dynamic controls for real-time expense management.

Integration Benefits: The collaboration allows businesses to utilize tailored physical and virtual cards, set time-specific spending restrictions, monitor transactions, and approve or deny them in real-time, streamlining the expense management process.

Recent M&A Activity: Prosus plans to acquire Just Eat Takeaway for €4.1 billion, Equinox Gold is set to acquire Calibre Mining, and Saipem will merge with Subsea7 in a deal valued at approximately $4.63 billion.

Other Notable Deals: Roark Capital is in talks to buy Dave's Hot Chicken for $1 billion, while Baidu has agreed to acquire JOYY's live-streaming business in mainland China.

Analyst Ratings Overview: Recent ratings for Marqeta show a mix of sentiments, with five analysts providing neutral to bearish evaluations and an average 12-month price target of $4.1, reflecting a decrease from previous targets.

Financial Performance Insights: Marqeta has experienced significant revenue growth of 17.52% but struggles with profitability, indicated by negative net margins and returns on equity and assets, while maintaining a low debt-to-equity ratio.

Strong Financial Performance: Marqeta, Inc. reported Q4 revenue of $135.79 million, exceeding analyst expectations, with a 14% year-over-year growth and a forecasted net revenue growth of 14-16% for Q1 2025.

Strategic Developments: The company plans to acquire TransactPay to enhance its program management in Europe and has signed its first consumer credit co-brand partnership while adding American Express as a new network option.

Marqeta Acquires TransactPay: Marqeta has announced its acquisition of TransactPay, enhancing its card program management capabilities in the UK and Europe, which will streamline operations for customers by reducing the need for multiple partners.

Growth and Innovation Focus: The acquisition aims to leverage TransactPay's strengths to accelerate Marqeta's offerings globally, allowing customers to innovate and grow their financial services while ensuring compliance and support in navigating local regulations.

Leadership Change at Marqeta: Mike Milotich has been appointed as Interim CEO of Marqeta, succeeding Simon Khalaf, who stepped down. Milotich will also retain his role as Chief Financial Officer while the Board searches for a permanent CEO.

Company's Future Direction: Marqeta aims to continue its growth and innovation in the embedded finance market under Milotich's leadership, emphasizing a strategy focused on profitable growth and delivering value to customers and shareholders.

Fourth Quarter Performance: Marqeta reported a 14% increase in revenue to $136 million for Q4, surpassing expectations, but faced a 25% annual revenue drop due to contract changes. Total processing volume grew by 29% to $80 billion, and net loss per share was $0.05.

Future Outlook and Strategic Moves: The company aims for 14%-16% revenue growth in Q1 2025 and plans to acquire TransactPay to enhance its presence in the U.K. and EU markets, while also introducing American Express to expand its product offerings.

Analyst Rating on Marqeta: Gustavo Gala from Monness has reiterated a Hold rating on Marqeta, with the company's shares closing at $3.69 and an analyst consensus price target of $4.30.

Market Performance Insights: Marqeta currently has a market cap of $1.85B and a P/E ratio of 155.70, while Gala has an average return of 4.3% and a success rate of 50% on his stock recommendations.

Investigation of Marqeta, Inc.: Bragar Eagel & Squire, P.C. is investigating potential claims against Marqeta, Inc. following a class action lawsuit alleging that the company misled investors regarding regulatory challenges and its financial outlook during a specified Class Period.

Investor Rights and Contact Information: Long-term stockholders of Marqeta are encouraged to reach out to the law firm for more information about their rights and the ongoing investigation, with no cost or obligation involved.

Investor Alert: Faruqi & Faruqi, LLP is investigating potential claims against Marqeta, Inc. for investors who suffered losses exceeding $50,000 between May 7, 2024, and November 4, 2024, and encourages them to contact partner Josh Wilson for legal options.

Class Action Lawsuit: A federal securities class action has been filed against Marqeta alleging violations of federal securities laws due to misleading statements about regulatory challenges and financial guidance, leading to significant stock price drops.

Class Action Lawsuit Against Marqeta: Levi & Korsinsky, LLP has initiated a class action securities lawsuit on behalf of investors in Marqeta, Inc. for alleged securities fraud occurring between May 7, 2024, and November 4, 2024, claiming the company misrepresented its regulatory challenges and business outlook.

Investor Participation Details: Investors affected by the alleged fraud have until February 7, 2025, to request lead plaintiff status, with no costs required to participate in the lawsuit or potential compensation.

Class Action Lawsuit Against Marqeta: Levi & Korsinsky, LLP has initiated a class action securities lawsuit on behalf of Marqeta investors who experienced losses due to alleged securities fraud between May 7, 2024, and November 4, 2024.

Investor Participation Details: Affected investors can request to be appointed as lead plaintiff by February 7, 2025, with no costs or obligations to participate in the lawsuit.

Class Action Reminder: Rosen Law Firm is reminding investors who purchased Marqeta, Inc. securities between May 7, 2024, and November 4, 2024, of the February 7, 2025 deadline to join a class action lawsuit due to alleged misleading statements by the company.

Legal Representation: Investors can join the class action without upfront costs through a contingency fee arrangement, and are encouraged to select experienced legal counsel for representation in the case.

Lawsuit Announcement: Investors in Marqeta, Inc. who acquired shares between May 7, 2024, and November 4, 2024, are reminded of the February 7, 2025 deadline to participate as lead plaintiffs in a securities fraud class action lawsuit due to misleading statements made by the company.

Stock Impact: Following the release of disappointing financial results on November 4, 2024, Marqeta's stock plummeted by 42.5%, resulting in significant losses for investors, which is central to the allegations in the lawsuit.

Class Action Notice: The Gross Law Firm is notifying shareholders of Marqeta, Inc. (NASDAQ: MQ) about a class action lawsuit concerning misleading statements made by the company between May 7, 2024, and November 4, 2024, with a deadline for lead plaintiff applications on February 7, 2025.

Allegations Against Marqeta: The complaint alleges that Marqeta failed to disclose regulatory challenges affecting its business, leading to an underestimation of its fourth-quarter guidance for 2024, resulting in materially false public statements.