MQ Similar Chart Price Prediction
The price of MQ is predicted to go up -20.62%, based on the high correlation periods with CRBU. The similarity of these two price pattern on the periods is 93.91%.
MQ
CRBU
Down: -20.62%Similarity: 93.91%
MQ Revenue Forecast
MQ EPS Forecast
MQ FAQs
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MQ VS S&P500
With Marqeta's relationship with Block extended until 2028, the company has time to work on its customer concentration issues before the next contract renewal date.
Marqeta's existing customer base includes disruptive firms like Square and Klarna, which provides Marqeta with strong organic growth from its existing user base.
Marqeta's cost structure is mostly fixed, allowing the company to naturally expand its margins as volume grows.
MQ Analyst's Forecast
Ramsey El-Assal
Barclays
Buy → Hold
2024-12-17
Price Target
$5 → $4
Upside
+2.83%
Barclays downgraded Marqeta to Equal Weight from Overweight with a price target of $4, down from $5. In Q3, MQ unexpectedly lowered fiscal 2024 and 2025 gross profit expectations, which consequently reduced the company's implied volume and revenue growth rate, the analyst tells investors in a research note. The firm cites regulatory-driven revenue-conversion delays that are set to weigh meaningfully on revenue growth and moderating tailwinds from Marqeta's high growth verticals for the downgrade.
Will Nance
Goldman Sachs
Hold
2024-12-02
Price Target
$4.5 → $4
Upside
+2.56%
Anthony Crowdell
Mizuho
Buy
2024-11-05
Price Target
$7 → $5
Upside
+46.2%
