Marqeta Aktie News

Marqeta's Q4 result once again saw a strong increase in total processing volume. MQ stock is priced at over 100x forward EBITDA, indicating it is not cheaply priced. Despite underperforming in the market, the Company's reliance on Block is now priced in, leading to a tepid bullish outlook.

These are two businesses with a lot of long-term potential and attractive valuations.

Marqeta stock sold off 10%+ following strong Q4 earnings. Management provided strong FY2024 guidance with 30%+ expected TPV growth. Furthermore, Marqeta has 50%+ bookings growth in 2023 with time to launch cut by 100 days.

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced that its platform processed more than $1 billion in volume in a single day for the first time, a significant new milestone for the company. This announcement comes shortly after Marqeta's Q4 and Full Year 2023 earning...

Marqeta, Inc. (MQ) Q4 2023 Earnings Call Transcript

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2023. Total processing volume (TPV) was $62 billion for the quarter, representing a 33% year-over-year increase, and TPV was $222 billion for the full 2023 fiscal year, an annual increase of 34%. Marqeta's...

OAKLAND, Calif.--(BUSINESS WIRE)---- $MQ #embeddedfinance--Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world's most innovative embedded finance solutions, today announced a partnership with AffiniPay, the leader in online payments and software solutions for professionals. Marqeta will power the upcoming launch of MyCase Smart Spend, a spend management solu...

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world's most innovative embedded finance solutions, today announced its new customer, Internet Travel Solutions (ITS), a leading provider of travel management software that will utilize Marqeta's comprehensive credit card platform to launch a multi-use travel and expense (T&E) co...