Marqeta, Inc. (NASDAQ:MQ) is among the 12 Greatest Fintech Shares to Purchase Based on Analysts. On October 13, Goldman Sachs downgraded Marqeta, Inc. (NASDAQ:MQ) from Impartial to Promote and lowered its value goal from $7.50 to $5.00
This determination comes after latest adjustments in Marqeta, Inc.’s (NASDAQ:MQ) relationship with Block, Inc. (XYZ), which is including a brand new issuing accomplice and that can lead to Marqeta, Inc. (NASDAQ:MQ) dropping processing share for brand new accounts. Goldman Sachs identified that Marqeta, Inc. (NASDAQ:MQ) might see a possible 2% headwind to gross revenue in 2026.
Goldman Sachs additionally talked about fears about delayed contract renewals. This might create a 4% gross revenue headwind for Marqeta, Inc. (NASDAQ:MQ) in 2026.
The funding analysis agency sees Marqeta, Inc. (NASDAQ:MQ) as “among the best outsourced card issuance platforms within the trade, significantly for cloud-based fintechs.” Nonetheless, Goldman Sachs additionally identified two major issues. One is the corporate’s premium pricing, which results in value compression with huge companions. The opposite is rising competitors within the trade, which might harm long-term development.
Marqeta, Inc. (NASDAQ:MQ) is a monetary know-how firm that gives a contemporary open API platform that helps companies immediately problem playing cards and course of funds.
Whereas we acknowledge the potential of MQ as an funding, we imagine sure AI shares provide higher upside potential and carry much less draw back danger. When you’re in search of a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.
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Disclosure: None. This text is initially printed at Insider Monkey.
