12 Best Fintech Stocks to Buy According to Analysts

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8. Marqeta, Inc. (NASDAQ:MQ)

Average Price Target Upside Potential According to Analysts: 47.06%

Number of Hedge Fund Holders: 31

Marqeta, Inc. (NASDAQ:MQ) ranks among the best fintech stocks to buy according to analysts. On October 13, Goldman Sachs downgraded Marqeta, Inc. (NASDAQ:MQ) from Neutral to Sell and lowered its price target from $7.50 to $5.00

This decision comes after recent changes in Marqeta, Inc.’s (NASDAQ:MQ) relationship with Block, Inc. (XYZ), which is adding a new issuing partner and that will result in Marqeta, Inc. (NASDAQ:MQ) losing processing share for new accounts. Goldman Sachs pointed out that Marqeta, Inc. (NASDAQ:MQ) could see a potential 2% headwind to gross profit in 2026.

Goldman Sachs also mentioned fears about delayed contract renewals. This could create a 4% gross profit headwind for Marqeta, Inc. (NASDAQ:MQ) in 2026.

The investment research firm sees Marqeta, Inc. (NASDAQ:MQ) as “one of the best outsourced card issuance platforms in the industry, particularly for cloud-based fintechs.” However, Goldman Sachs also pointed out two main concerns. One is the company’s premium pricing, which leads to price compression with big partners. The other is growing competition in the industry, which can hurt long-term growth.

Marqeta, Inc. (NASDAQ:MQ) is a financial technology company that provides a modern open API platform that helps businesses instantly issue cards and process payments.

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