Marqeta (NASDAQ:MQ) Shares Down 10% – Here’s Why

Marqeta, Inc. (NASDAQ:MQ) was down 10% during trading on Wednesday . The company traded as low as $3.90 and last traded at $4.0330. Approximately 865,255 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 3,645,100 shares. The stock had previously closed at $4.48.

Key Headlines Impacting Marqeta

Here are the key news stories impacting Marqeta this week:

• Positive Sentiment: Q1 results showed clear operational progress: Net revenue ~$166M (+19% YoY), TPV $112B (+33% YoY), GAAP net income ~$8M and Adjusted EBITDA ~$33M — signs of margin improvement and strong payment volume growth that support longer-term monetization. Marqeta Reports First Quarter 2026 Financial Results
• Positive Sentiment: Management highlighted a strategic shift beyond debit into credit and BNPL products — expanding addressable market and product mix that could lift yield per transaction over time. This shift was emphasized on the earnings call and in coverage. Marqeta’s Debit Roots Give Way to Credit and BNPL Push Earnings Call Transcript
• Neutral Sentiment: Q2 revenue guidance of $171.4M–$174.5M roughly brackets Street estimates (consensus ~$172.9M) — implies modest upside/downside depends on where revenue falls in the range. Investors may wait for Q2 cadence before re-pricing. Marqeta Reports First Quarter 2026 Financial Results
• Neutral Sentiment: FY2026 revenue guidance of $699.9M–$712.4M overlaps the consensus (~$708.6M). The range gives flexibility but creates uncertainty around exact trajectory for the year. MarketBeat Earnings Summary
• Negative Sentiment: Despite operational gains, the stock is trading nearer its 52‑week low, with negative trailing margins/ROE and a still-negative P/E — valuation and macro sentiment on fintech names are pressuring the share price. Elevated volume today suggests investors are selling into mixed guidance. Marqeta: Q1 Earnings Snapshot

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MQ shares. Weiss Ratings restated a “sell (d)” rating on shares of Marqeta in a research report on Friday, March 27th. Wolfe Research lowered Marqeta from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 8th. Morgan Stanley reduced their price objective on Marqeta from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 25th. JPMorgan Chase & Co. assumed coverage on Marqeta in a research note on Tuesday, February 17th. They issued an “overweight” rating and a $6.00 price objective on the stock. Finally, UBS Group reaffirmed a “neutral” rating and issued a $4.75 price objective on shares of Marqeta in a research note on Wednesday. One analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $5.19.

Marqeta Stock Down 7.6%

The firm has a 50 day moving average of $4.11 and a two-hundred day moving average of $4.43. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of -138.00 and a beta of 1.35.

Marqeta (NASDAQ:MQ) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.02 earnings per share for the quarter. Marqeta had a negative return on equity of 1.62% and a negative net margin of 2.23%.The business had revenue of $165.80 million for the quarter, compared to analyst estimates of $164.30 million. During the same period last year, the firm posted ($0.02) earnings per share. Marqeta’s revenue was up 19.2% compared to the same quarter last year. Sell-side analysts forecast that Marqeta, Inc. will post 0.01 EPS for the current fiscal year.

Insider Transactions at Marqeta

In other news, Director Judson C. Linville purchased 25,570 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were purchased at an average cost of $3.93 per share, with a total value of $100,490.10. Following the completion of the purchase, the director owned 104,220 shares of the company’s stock, valued at $409,584.60. This trade represents a 32.51% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Elaine Paul sold 17,452 shares of Marqeta stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $4.47, for a total value of $78,010.44. Following the sale, the director directly owned 17,453 shares in the company, valued at $78,014.91. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.61% of the company’s stock.

Institutional Trading of Marqeta

A number of hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Marqeta by 11.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 77,630 shares of the company’s stock valued at $305,000 after purchasing an additional 7,919 shares in the last quarter. Abel Hall LLC lifted its stake in shares of Marqeta by 67.6% in the first quarter. Abel Hall LLC now owns 23,630 shares of the company’s stock worth $96,000 after acquiring an additional 9,533 shares during the period. Counterpoint Mutual Funds LLC lifted its stake in shares of Marqeta by 1,609.5% in the first quarter. Counterpoint Mutual Funds LLC now owns 1,035,609 shares of the company’s stock worth $4,225,000 after acquiring an additional 975,031 shares during the period. OP Asset Management Ltd acquired a new position in shares of Marqeta in the first quarter worth approximately $114,000. Finally, Corient Private Wealth LLC lifted its stake in shares of Marqeta by 5.1% in the fourth quarter. Corient Private Wealth LLC now owns 131,966 shares of the company’s stock worth $627,000 after acquiring an additional 6,403 shares during the period. 78.64% of the stock is owned by institutional investors and hedge funds.

About Marqeta

Marqeta is a modern card issuing and payment processing platform that enables businesses to design, launch and manage customized payment cards. The company offers a fully programmable open API that allows clients to create virtual, physical and tokenized payment cards with real-time transaction controls and dynamic spend limits. By leveraging Marqeta’s infrastructure, companies can streamline their payment operations, reduce time to market and deliver tailored payment experiences to end consumers.

Founded in 2010 and headquartered in Oakland, California, Marqeta was established by CEO Jason Gardner with the goal of transforming traditional card issuance through cloud-native technology.