8 Analysts Assess Q2 Holdings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Q2 Holdings (NYSE:QTWO) has received diverse ratings from 8 analysts, with an average 12-month price target of $40.12, reflecting a 19.16% increase from the previous target. Analysts from firms like Goldman Sachs and Morgan Stanley have raised their price targets, indicating a positive outlook for QTWO. The company provides cloud-based virtual banking solutions and has shown a revenue growth rate of 7.06% as of September 30, 2023. However, it faces challenges with a net margin of -14.95% and an ROA of -1.97%, though it has a favorable debt-to-equity ratio of 1.24.
January 23, 2024 | 3:01 pm
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POSITIVE IMPACT
Q2 Holdings has received positive analyst ratings with raised price targets, suggesting a bullish sentiment. The company's revenue growth and favorable debt management are positives, but profitability and asset utilization remain concerns.
The raised price targets and positive ratings from analysts like Goldman Sachs and Morgan Stanley indicate a bullish sentiment that could lead to a short-term increase in QTWO's stock price. The revenue growth rate is a strong point, but investors should be cautious about the company's net margin and ROA, which are below industry averages.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100