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Marqeta, Inc. (NASDAQ:MQ) is one of the

10 Stocks That Have the Potential to Rise 1000%.

On May 26, 2026, Marqeta, Inc. (NASDAQ:MQ) announced that it expanded its account and money movement tools into 30 additional European countries through its collaboration with Banking Circle. The expanded offering lets businesses across Europe add embedded virtual accounts and multi-rail payment capabilities to card programs. Marqeta said the expansion builds on its regional momentum, including 8x growth in total processing volume for European card programs from 2022 to 2025 and its acquisition of TransactPay in 2025.

On May 8, 2026, Marqeta, Inc. (NASDAQ:MQ) announced the appointment of Lukasz Strozek as Chief Technology Officer, effective May 18, 2026. Strozek will lead Marqeta’s global technology and engineering functions and joins from LendingClub Corp. (LC), where he served as CTO responsible for engineering, product, and data organizations.

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On May 5, 2026, Marqeta, Inc. (NASDAQ:MQ) reported Q1 revenue of $165.8M, above the consensus estimate of $164.2M. CEO Mike Milotich said the results showed the “power of our platform at scale” as Marqeta achieved GAAP net income profitability, supported by growth and disciplined execution.

Marqeta, Inc. (NASDAQ:MQ) operates a cloud-based open API platform for card issuing and transaction processing services in the United States.

While we acknowledge the potential of MQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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