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Marqeta Inc has a consensus price target of $7.08 based on the ratings of 30 analysts. The high is $19 issued by Loop Capital on December 21, 2021. The low is $4 issued by Deutsche Bank on November 5, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Mizuho, and Keefe, Bruyette & Woods on November 6, 2024, November 5, 2024, and November 5, 2024, respectively. With an average price target of $4.83 between Goldman Sachs, Mizuho, and Keefe, Bruyette & Woods, there's an implied 22.52% upside for Marqeta Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Marqeta (NASDAQ:MQ) was reported by Goldman Sachs on November 6, 2024. The analyst firm set a price target for $4.50 expecting MQ to rise to within 12 months (a possible 14.07% upside). 27 analyst firms have reported ratings in the last year.
The latest analyst rating for Marqeta (NASDAQ:MQ) was provided by Goldman Sachs, and Marqeta maintained their neutral rating.
The last upgrade for Marqeta Inc happened on June 25, 2024 when Wells Fargo raised their price target to $7. Wells Fargo previously had an equal-weight for Marqeta Inc.
The last downgrade for Marqeta Inc happened on November 5, 2024 when Keybanc changed their price target from N/A to N/A for Marqeta Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Marqeta, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Marqeta was filed on November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.
While ratings are subjective and will change, the latest Marqeta (MQ) rating was a maintained with a price target of $5.50 to $4.50. The current price Marqeta (MQ) is trading at is $3.95, which is out of the analyst’s predicted range.
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