# Marqeta, Inc. (MQ)

> Source: Nexqual · https://nexqual.com/MQ · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, Marqeta, Inc. (MQ), nexqual.com/MQ" · informational, not investment advice.

**Price:** USD 18.07 (-0.44% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 18.15 · day 17.86–18.26 · 52w 14.8–22.28 · market cap $1.88B · NMS

## Key facts
- Valuation: P/E 182.0x (avg 72.1x at the last 1 fiscal year-ends).
- Analysts: Hold (mean 2.71 on a 1–5 scale) (14 analysts), mean target USD 20.65 (range 18–28).
- Total return with dividends: 1Y +2.2% vs S&P 500 +14.8%; 5Y -85.2% vs S&P 500 +79.1%.
- Next earnings: 2026-11-03, EPS estimate USD 0.05, revenue estimate $175M. All companies reporting that day: https://nexqual.com/earnings/2026-11-03
- Dividend: MQ paid no cash dividend in the last five years.
- Short interest: 5.80% of float (as of 2026-10-15), 4.6 days to cover.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 182.0x · P/S 2.8x · P/FCF 9.5x · P/B 2.6x · FCF yield 10.49% · Earnings yield 0.55% · Buyback yield (TTM) 11.12%
P/E at fiscal year-ends: Dec 2024 72.1x.

## Analysts
Consensus Hold (mean 2.71 on a 1–5 scale), 14 analysts; mean target USD 20.65 (low 18, high 28).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-05 | Keefe, Bruyette & Woods | Target raised | Market Perform | $18 → $19 |
| 2026-07-02 | Deutsche Bank | Target raised | Hold | $4.5 → $18 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +2.2% | -85.2% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | +2.2% | -31.7% |
| Volatility (annualized) | 41.5% | 52.7% |
| Max drawdown | -26.0% (Dec 2025→Jun 2026) | -88.3% (Oct 2021→Mar 2023) |

## Dividends
MQ paid no cash dividend in the last five years.

## Short interest
4,530,874 shares sold short, 5.80% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 4,624,052 shares (-2.0%). Days to cover: 4.6 (short shares ÷ average daily volume).

## Peers (Software - Infrastructure)
PAY (Paymentus Holdings, Inc.) USD 32.26 +2.02% · BLSH (Bullish) USD 28.47 -0.90% · CORZ (Core Scientific, Inc.) USD 14.43 -3.80% · RELY (Remitly Global, Inc.) USD 24.64 +1.52% · BB (BlackBerry Limited) USD 9.19 -2.23% · VRNS (Varonis Systems, Inc.) USD 48.82 -0.16%

## More
Full page: https://nexqual.com/MQ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)


Other companies that name MQ in their own reports (relationship from MQ's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| partner | Fold Holdings, Inc. (FLDDW) | 10-K 2026-03-17 | "These laws and regulations impact our business directly and indirectly, mainly through our partnerships with Marqeta and Sutton Bank, which provide our customers with deposit accounts and debit cards,…" |
| partner | Expensify, Inc. (EXFY) | 10-K 2026-02-26 | "An immaterial number of cardholders continue to operate within our previous card program, which operates pursuant to an agreement with the payment processor Marqeta, Inc." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.05 | $0.02 | +223.2% | $175.1M | 1 |
| Next quarter (ends 2026-12-31) | $0.07 | $0.06 | +18.7% | $186.7M | 1 |
| Current fiscal year (ends 2026-12-31) | $0.27 | $0.11 | +147.2% | $704.1M | 1 |
| Next fiscal year (ends 2027-12-31) | $0.50 | $0.42 | +19.0% | $807.5M | 2 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.08 | $0.01 | Beat +$0.07 | — |
| — | Quarter ended Mar 31, 2026 | $0.09 | −$0.04 | Beat +$0.13 | — |
| — | Quarter ended Dec 31, 2025 | $0.03 | −$0.08 | Beat +$0.11 | — |
| — | Quarter ended Sep 30, 2025 | −$0.04 | −$0.07 | Beat +42.9% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).