Marqeta, Inc.
$3.87
-11%Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services to developers, technical product managers, and visionary entrepreneurs. It offers its solutions in various verticals, including commerce disruptors, digital banks, tech giants, and financial institutions. As of December 31, 2021, the company had approximately 200 customers. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.
At a Glance
Live SnapshotIntrinsic Alpha Methodology
Thesis Lenses
Signal
Medium confidenceValuation multiple is compressed (P/E -129.0).
Valuation inputs: P/E -129.0, earnings yield N/A, momentum -11.0%.
If multiples stay elevated while momentum fades, downside repricing risk rises.
Driver
High confidenceReturn profile is soft (ROE -1.8%, ROIC -3.7%).
Profitability stack: net margin -2.2%, ROE -1.8%, ROIC -3.7%.
Quality deterioration often appears in margins before it shows up in headline EPS.
Risk
High confidenceDownside profile is elevated and scenario stress-testing is essential.
Risk factors: liabilities/assets +50.0%, momentum -11.0%, net margin -2.2%.
Higher leverage with weak momentum and thin margins can amplify drawdown severity.
Marqeta, Inc. Market vs Earnings Trajectory
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Marqeta, Inc. Fair Value Envelope
Marqeta, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Marqeta, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Marqeta, Inc. Funding & Solvency Profile
Financial Health Analysis
Current Ratio
Strong liquidity. The company has adequate resources to meet short-term liabilities.
Debt-to-Equity Ratio
Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.
Working Capital
Strong working capital position provides significant operational flexibility and financial cushion.
Asset Composition
Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.
Financial Health Insight
Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.
Marqeta, Inc. Street Expectations Map
Wall Street analysts project that MQ stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 4.75, with estimates ranging from a low of 4.50 to a high of 5.00.
The consensus 1-year price target stands at 4.75, with estimates ranging from a low of 4.50 to a high of 5.00.
Analyst Consensus Analysis
Upside Potential
Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.
Analyst Agreement
High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.
Analyst Conviction
Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.
Market Sentiment Insight
Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.
Marqeta, Inc. Insider Positioning
During the last 12 months, insiders have purchased $100K and sold $17.79M worth of MQ shares, resulting in $17.69M of net selling activity.
3 Months
0
0.00
50.4K
213.62K
-214K
-$214K
3-6 Months
25.6K
100.38K
283.6K
1.40M
-1.3M
-$1.30M
6-9 Months
0
0.00
55.6K
322.05K
-322K
-$322K
9-12 Months
0
0.00
2.4M
15.85M
-15.8M
-$15.85M
Top Buyers
Linville Judson C
Director
$100K
Top Sellers
Gardner Jason M.
Director, 10 Percent Owner:
$16.38M
Pollak Todd
Officer: Chief Revenue Officer
$721K
Sumner Crystal
Officer: See Remarks
$449K
Cummings Martha
Director
$121K
Paul Elaine
Director
$78K
Insider Activity Analysis
Net Insider Sentiment
Strong bearish signal with $17.69M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.
Buy/Sell Ratio
Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.
Recent Trend (3 Months)
Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.
Insider Participation
5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.
Insider Activity Insight
Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.
No Dividend Yield Data
MQ has not reported any dividend yield values in the available annual periods.
mq Dividend History
Learning Layer
Related Guides
Build conviction on MQ by pairing this stock hub with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.