Decoding 5 Analyst Evaluations For Marqeta
Portfolio Pulse from Benzinga Insights
Marqeta (NASDAQ:MQ) received mixed analyst ratings in the last quarter, with a total of 5 evaluations ranging from bullish to indifferent. The average 12-month price target is $7.7, down 3.75% from the previous $8.00, indicating a downward trend in expectations. Analysts from firms including Wedbush, Monness, Crespi, Hardt, Keefe, Bruyette & Woods, Truist Securities, and B of A Securities provided insights, with actions ranging from maintaining to raising their ratings and price targets. Marqeta's financial performance shows challenges, with a significant revenue decline of -41.7% over the last 3 months and below-average metrics in market capitalization, net margin, ROE, and ROA.
May 08, 2024 | 9:00 pm
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NEGATIVE IMPACT
Marqeta's mixed analyst ratings and downward revision in price targets reflect a cautious market outlook. The significant revenue decline and below-average financial metrics may impact investor sentiment negatively.
The downward revision in Marqeta's price target and the significant revenue decline indicate potential short-term negative impact on its stock price. Analysts' mixed ratings and the company's financial challenges, such as below-average market capitalization, net margin, ROE, and ROA, suggest a cautious or bearish outlook, likely influencing investor sentiment and stock performance negatively in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100