15 Best Penny Stocks to Buy According to Reddit

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10. Marqeta Inc. (NASDAQ:MQ)

Marqeta Inc. (NASDAQ:MQ) is one of the best penny stocks to buy according to Reddit. Morgan Stanley cut the price target on Marqeta Inc. (NASDAQ:MQ) to $5 from $6 on February 25, maintaining an Equal Weight rating on the shares and telling investors that it continues to believe the “key constraint on investor interest” in the company is “noisy results”. It argued that after the Q4 report, it “remains a show-me story”.

Marqeta Inc. (NASDAQ:MQ) announced financial results for fiscal Q4 and the full year 2025 on February 24, reporting Total Processing Volume (TPV) of $109 billion for the quarter ended December 31, 2025, representing a 36% year-over-year growth. Fiscal Q4 net revenue reached $172 million, while Gross Profit was $120 million, representing year-over-year growth of 27% and 22%, respectively.

For the full year 2025, Marqeta Inc. (NASDAQ:MQ) reported TPV of $383 billion, reflecting an annual growth of 31%. Net revenue for 2025 was $625 million, while Gross Profit was $437 million, representing year-over-year increases of 23% and 24%, respectively.

Marqeta Inc. (NASDAQ:MQ) is involved in the creation of digital payment technology. It develops a modern card issuing platform, offering infrastructure and tools for building configurable payment cards and provides its customers issuer processor services while also acting as a card program manager.

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