Marqeta, Inc. Class A (MQ)

Marqeta's stock has experienced several events in the past six months. The company reported strong Q3 2025 financial results, with Total Processing Volume (TPV) increasing by 33% year-over-year to $98 billion and Net Revenue growing by 28% to $163 million. Q2 2025 saw a 29% year-over-year increase in TPV to $91 billion and a 20% increase in Net Revenue to $150 million. Q1 2025 reported a 27% year-over-year increase in TPV to $84 billion and an 18% rise in Net Revenue to $139 million. The stock has been impacted by analyst downgrades, with Mizuho downgrading Marqeta from "strong-buy" to "hold" and Wolfe Research downgrading it from Outperform to Peer Perform. Keefe, Bruyette & Woods also lowered its price target from $6.00 to $5.50 in early January 2026. The stock has seen declines following analyst downgrades, with some rallies occurring without specific reported catalysts. As of January 7, 2026, the share price was $4.85, representing a 26.30% increase from January 8, 2025. On January 7, 2026, Marqeta announced the appointment of Patti Kangwankij as CFO.

Specific detailed information regarding the demand seasonality for Marqeta, Inc.'s products and services is not explicitly available in the provided search results. Marqeta's services cater to various verticals such as financial services, on-demand services, e-commerce, and buy now, pay later providers, which may inherently experience seasonal fluctuations in demand.

Marqeta, Inc. is a global modern card issuing platform operating in the Fintech industry. Founded in 2010, it provides an open, API-driven platform for businesses to create and manage payment experiences, issuing physical, virtual, and tokenized cards with real-time authorization and spend controls. Its services include card issuing and transaction processing, bank account and money movement features, risk management tools, a self-service portal, credit capabilities, and portfolio migration. The company serves on-demand services, e-commerce, financial services, corporate expense management, and BNPL providers.

Marqeta's platform is certified to operate in over 40 countries globally. Headquartered in Oakland, California, the company is expanding internationally. In 2022, it expanded to Singapore, the Philippines, and Thailand, planning to establish Singapore as its Asia Pacific regional hub.

Marqeta's brand reputation has faced mixed signals. The company has received a consensus analyst rating of "Hold" or "Reduce," with concerns raised about negative margins and insider selling activity. In January 2025, there was a securities fraud lawsuit alleging that Marqeta failed to inform investors of regulatory challenges. Customer concentration and intensifying competition are seen as threats. However, Marqeta has highlighted deepening customer relationships, geographic expansion, and value-added services. The company also reported signing a global Fortune 500 company for electronic supplier payments and being selected to power an embedded finance credit program.

Marqeta has a mixed ownership structure. Institutions hold a significant portion of the company's stock, with approximately 60.80% or 65% of shares. Insiders own approximately 10.45% or 11.9% of the company's stock. The general public holds about 16% or 28.75% of the ownership.