Mizuho Securities Reiterates Buy Rating on Marqeta with $8 Price Target

Mizuho Securities analyst Dan Dolev maintained a Buy rating for Marqeta (MQ) with a $8.00 price target. The analyst consensus rating is Moderate Buy with a $6.64 average price target, a 2.95% upside from current levels. MQ's market cap is $2.99B and has a P/E ratio of -49.73. Corporate insider sentiment is negative, with an increase in insiders selling shares.

Marqeta Inc. (MQ) has received a moderate buy rating from analysts, with a consensus price target of $6.64, representing a 2.95% upside from the current price of $6.52. The market cap of MQ stands at $2.99 billion, and the company has a P/E ratio of -49.73. Analysts have maintained a positive outlook on the stock, with 17 hold ratings and 3 buy ratings in the past three months.

Mizuho Securities analyst Dan Dolev recently reiterated his buy rating on Marqeta with a price target of $8.00, reflecting his optimistic view on the company's prospects. Other analysts, such as J.P. Morgan and Morgan Stanley, have also maintained their buy ratings, with price targets ranging from $5.00 to $8.00. However, some analysts, like KeyBanc and Wells Fargo, have downgraded their ratings to hold or sector weight, citing uncertainties in the market.

The positive sentiment among analysts is supported by the company's strong financial performance and strategic acquisitions. Marqeta's revenue and adjusted EBITDA estimates for 2025 have been raised, driven by the company's growth trajectory and strategic initiatives. The company's earnings and sales forecasts for the next quarter are -$0.02 and $148.83 million, respectively, indicating a stable performance in the near term.

Despite the positive analyst ratings, investors should be cautious about the negative corporate insider sentiment. There has been an increase in insiders selling shares, which could indicate a lack of confidence in the company's future prospects. Additionally, the company's P/E ratio of -49.73 suggests that the stock may be undervalued, but this should be taken into consideration alongside the company's financial performance and growth potential.

In conclusion, Marqeta Inc. has received a moderate buy rating from analysts, with a consensus price target of $6.64. While the company's financial performance and strategic initiatives support a positive outlook, investors should be mindful of the negative insider sentiment and the stock's valuation. As always, it is essential to conduct thorough research and consider multiple factors before making investment decisions.

References:
[1] https://www.tipranks.com/stocks/mq/forecast