Marqeta: Still Positive On Growth Reaccelerating Back To A Healthy Pace [Seeking Alpha]
Marqeta, Inc. - Class A (MQ)
Company Research
Source: Seeking Alpha
Growth initiatives, such as its credit offering and early wage access product, are expected to support future growth. The timeline for profitability may be delayed, but the company's execution and potential for high growth make it a buy. Investment overview I wrote about Marqeta ( NASDAQ: MQ ) previously with a buy rating as I saw strong secular tailwinds that should support MQ's long-term growth outlook. I expected the MQ product moat to enable it to continue winning share from legacy providers. I still think MQ is able to drive growth back to 20%, as I expected previously. It is evident that the new GTM strategy is working out well, and growth initiatives are all showing positive traction that supports long-term growth. That said, I have revised my valuation expectations downward in light of the possible delay in MQ turning profitable. 4Q23 earnings results: key takeaways MQ reported its 4Q23 results a little more than a month ago, and since this is an update from my prev
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MQ
News
- Marqeta Partners with OakNorth to Offer Commercial Cards in the UK, Embracing Growing Small and Medium-Sized Business Demand for Better Banking Tools [Yahoo! Finance]Yahoo! Finance
- Marqeta Partners with OakNorth to Offer Commercial Cards in the UK, Embracing Growing Small and Medium-Sized Business Demand for Better Banking ToolsBusiness Wire
- Marqeta joins hands with Rain for earned wage access [Seeking Alpha]Seeking Alpha
- Marqeta and Rain Announce Partnership to Deliver Robust Earned Wage Access Through Embedded Finance [Yahoo! Finance]Yahoo! Finance
- Marqeta and Rain Announce Partnership to Deliver Robust Earned Wage Access Through Embedded FinanceBusiness Wire
MQ
Earnings
- 2/28/24 - Beat
MQ
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- MQ's page on the SEC website