Marqeta, Inc. (NASDAQ: MQ) was downgraded by Goldman Sachs to Sell and had its price target lowered from $7.50 to $5.00. The downgrade follows changes in its relationship with Block, Inc., which could result in a 2% headwind to gross profit in 2026. There are also fears of delayed contract renewals causing a potential 4% gross profit headwind in 2026. Goldman Sachs sees Marqeta as a top outsourced card issuance platform but is concerned about premium pricing and growing competition in the industry. Marqeta provides a modern open API platform for businesses to issue cards and process payments. While Marqeta has potential, some AI stocks may offer greater upside with less downside risk. To learn more, check out a free report on the best short-term AI stock.

Read more at Yahoo Finance: Goldman Sachs Downgrades Marqeta (MQ) to Sell, Cuts Price Target