Q2 (QTWO) Stock Forecast, Price Target & Predictions
QTWO Stock Forecast
Q2 stock forecast is as follows: an average price target of $65.15 (represents a -14.49% downside from QTWO’s last price of $76.19) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
QTWO Price Target
QTWO Analyst Ratings
Q2 Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 04, 2024 | Dominick Gabriele | Compass Point | $91.00 | $72.25 | 25.95% | 19.44% |
Aug 26, 2024 | Mark Palmer | Coker Palmer | $82.00 | $74.88 | 9.51% | 7.63% |
Jun 17, 2024 | Terry Tillman | Truist Financial | $68.00 | $57.96 | 17.32% | -10.75% |
May 03, 2024 | Arvind Ramnani | Piper Sandler | $61.00 | $60.54 | 0.76% | -19.94% |
May 02, 2024 | Peter Heckmann | D.A. Davidson | $65.00 | $60.36 | 7.69% | -14.69% |
May 02, 2024 | Michael Infante | Morgan Stanley | $50.00 | $55.55 | -9.99% | -34.37% |
May 02, 2024 | Jon Vruwink | Robert W. Baird | $65.00 | $51.73 | 25.65% | -14.69% |
May 02, 2024 | Matthew Hedberg | RBC Capital | $60.00 | $51.73 | 15.99% | -21.25% |
May 02, 2024 | Mark Palmer | Coker Palmer | $60.00 | $51.73 | 15.99% | -21.25% |
Apr 19, 2024 | Terry Tillman | Truist Financial | $60.00 | $49.81 | 20.46% | -21.25% |
Q2 Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 2 | 11 |
Avg Price Target | $86.50 | $86.50 | $65.64 |
Last Closing Price | $76.19 | $76.19 | $76.19 |
Upside/Downside | 13.53% | 13.53% | -13.85% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 03, 2024 | Compass Point | - | Buy | Initialise |
Aug 26, 2024 | Truist Financial | Sector Perform | Sector Perform | Hold |
Aug 26, 2024 | BTIG | Buy | Buy | Hold |
Aug 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Aug 01, 2024 | BTIG | Buy | Buy | Hold |
Jul 24, 2024 | RBC Capital | Underperform | Underperform | Hold |
Jul 24, 2024 | Truist Financial | Sector Perform | Sector Perform | Hold |
May 03, 2024 | Piper Sandler | Neutral | Neutral | Hold |
May 02, 2024 | Needham | Buy | Buy | Hold |
May 02, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Q2 Financial Forecast
Q2 Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $154.97M | - | $153.01M | $146.54M | $144.75M | - | $134.07M | $131.89M | $126.74M | $123.57M | $116.52M | $108.99M | $103.80M | $97.58M | $92.38M | $86.84M | $79.70M |
Avg Forecast | $225.00M | $217.00M | $210.00M | $206.00M | $200.93M | $194.02M | $192.20M | $184.41M | $179.29M | $173.42M | $170.94M | $163.59M | $161.51M | $155.27M | $154.25M | $150.26M | $149.38M | $146.82M | $140.24M | $132.72M | $132.23M | $125.86M | $122.79M | $115.61M | $106.60M | $103.29M | $95.29M | $93.25M | $88.67M | $79.24M |
High Forecast | $226.51M | $218.45M | $211.41M | $207.38M | $202.28M | $195.32M | $193.49M | $185.65M | $180.49M | $174.61M | $172.09M | $164.68M | $161.99M | $156.23M | $155.29M | $151.27M | $150.38M | $147.80M | $140.24M | $133.98M | $133.48M | $127.05M | $123.94M | $116.71M | $107.61M | $104.27M | $96.18M | $94.13M | $89.51M | $79.99M |
Low Forecast | $224.30M | $216.32M | $209.35M | $205.36M | $200.31M | $193.42M | $191.60M | $183.84M | $178.73M | $172.87M | $170.41M | $163.08M | $160.85M | $154.64M | $153.77M | $149.79M | $148.92M | $146.36M | $140.24M | $131.81M | $131.32M | $125.00M | $121.94M | $114.82M | $105.87M | $102.58M | $94.63M | $92.61M | $88.07M | $78.70M |
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.02% | 0.98% | 0.99% | - | 1.01% | 1.00% | 1.01% | 1.01% | 1.01% | 1.02% | 1.00% | 1.02% | 0.99% | 0.98% | 1.01% |
Q2 EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-23.17M | - | $-3.63M | $-15.48M | $-21.96M | - | $-5.56M | $-2.37M | $-8.75M | $-7.66M | $-4.42M | $-16.37M | $-6.60M | $-19.01M | $-13.73M | $-10.44M | $-6.15M |
Avg Forecast | $-7.55M | $-7.28M | $-7.04M | $-6.91M | $-6.74M | $-6.51M | $-6.45M | $-6.18M | $-6.01M | $-5.82M | $-5.73M | $-9.09M | $-5.42M | $-5.21M | $-5.17M | $-8.26M | $-5.01M | $-8.67M | $-4.70M | $-7.51M | $-3.15M | $-7.88M | $-8.56M | $-3.32M | $-24.56M | $-5.50M | $-94.11M | $-17.16M | $-16.90M | $-4.84M |
High Forecast | $-7.52M | $-7.25M | $-7.02M | $-6.89M | $-6.72M | $-6.49M | $-6.43M | $-6.17M | $-5.99M | $-5.80M | $-5.71M | $-7.27M | $-5.39M | $-5.19M | $-5.16M | $-6.61M | $-4.99M | $-6.93M | $-4.70M | $-6.01M | $-2.52M | $-6.30M | $-6.85M | $-2.65M | $-19.65M | $-4.40M | $-75.29M | $-13.73M | $-13.52M | $-3.87M |
Low Forecast | $-7.60M | $-7.33M | $-7.09M | $-6.95M | $-6.78M | $-6.55M | $-6.49M | $-6.23M | $-6.05M | $-5.86M | $-5.77M | $-10.91M | $-5.43M | $-5.24M | $-5.21M | $-9.92M | $-5.04M | $-10.40M | $-4.70M | $-9.02M | $-3.78M | $-9.45M | $-10.27M | $-3.98M | $-29.47M | $-6.60M | $-112.94M | $-20.59M | $-20.29M | $-5.81M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.45% | - | 0.44% | 3.09% | 2.53% | - | 0.74% | 0.75% | 1.11% | 0.89% | 1.33% | 0.67% | 1.20% | 0.20% | 0.80% | 0.62% | 1.27% |
Q2 Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-23.17M | - | $-516.00K | $-32.41M | $-27.79M | - | $-23.56M | $-25.38M | $-31.58M | $-30.13M | $-25.66M | $-37.82M | $-26.72M | $-38.97M | $-34.11M | $-15.67M | $-18.57M |
Avg Forecast | $36.70M | $37.30M | $34.89M | $31.28M | $32.35M | $28.61M | $28.34M | $25.03M | $26.42M | $21.44M | $18.80M | $-38.48M | $14.51M | $11.08M | $7.99M | $-34.99M | $7.06M | $-31.27M | $3.11M | $-31.80M | $-33.84M | $-28.42M | $-33.67M | $-19.24M | $-56.73M | $-22.27M | $-192.91M | $-42.63M | $-25.38M | $-14.63M |
High Forecast | $37.02M | $37.62M | $35.20M | $31.56M | $32.64M | $28.86M | $28.58M | $25.25M | $26.65M | $22.02M | $18.97M | $-30.79M | $16.93M | $12.24M | $8.06M | $-27.99M | $7.12M | $-25.01M | $3.11M | $-25.44M | $-27.07M | $-22.74M | $-26.94M | $-15.39M | $-45.39M | $-17.81M | $-154.33M | $-34.11M | $-20.30M | $-11.70M |
Low Forecast | $36.55M | $37.15M | $34.75M | $31.16M | $32.22M | $28.49M | $28.22M | $24.93M | $26.31M | $20.28M | $18.73M | $-46.18M | $9.07M | $9.91M | $7.95M | $-41.98M | $7.03M | $-37.52M | $3.11M | $-38.17M | $-40.61M | $-34.11M | $-40.41M | $-23.09M | $-68.08M | $-26.72M | $-231.49M | $-51.16M | $-30.45M | $-17.56M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.09% | - | 0.01% | -4.59% | 0.89% | - | 0.74% | 0.75% | 1.11% | 0.89% | 1.33% | 0.67% | 1.20% | 0.20% | 0.80% | 0.62% | 1.27% |
Q2 SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.21M | - | $54.80M | $59.37M | $56.07M | - | $46.24M | $42.47M | $44.26M | $40.10M | $38.65M | $34.83M | $37.43M | $34.18M | $38.99M | $32.13M | $29.36M |
Avg Forecast | $81.12M | $78.23M | $75.71M | $74.27M | $72.44M | $69.95M | $69.29M | $66.48M | $64.64M | $62.52M | $61.63M | $75.54M | $58.23M | $55.98M | $55.61M | $68.67M | $53.86M | $43.82M | $50.56M | $62.43M | $56.63M | $39.83M | $44.82M | $28.99M | $52.25M | $31.19M | $34.35M | $48.74M | $52.06M | $23.13M |
High Forecast | $81.66M | $78.76M | $76.22M | $74.76M | $72.93M | $70.42M | $69.76M | $66.93M | $65.07M | $62.95M | $62.04M | $90.64M | $58.40M | $56.32M | $55.98M | $82.40M | $54.22M | $52.58M | $50.56M | $74.91M | $67.96M | $47.80M | $53.79M | $34.78M | $62.70M | $37.43M | $34.68M | $58.49M | $62.47M | $27.76M |
Low Forecast | $80.86M | $77.99M | $75.47M | $74.04M | $72.21M | $69.73M | $69.08M | $66.28M | $64.44M | $62.32M | $61.44M | $60.43M | $57.99M | $55.75M | $55.44M | $54.94M | $53.69M | $35.05M | $50.56M | $49.94M | $45.31M | $31.87M | $35.86M | $23.19M | $41.80M | $24.96M | $34.12M | $38.99M | $41.65M | $18.51M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | - | 0.80% | 1.10% | 1.28% | - | 0.74% | 0.75% | 1.11% | 0.89% | 1.33% | 0.67% | 1.20% | 1.00% | 0.80% | 0.62% | 1.27% |
Q2 EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.40 | - | $-0.01 | $-0.56 | $-0.48 | - | $-0.41 | $-0.45 | $-0.56 | $-0.53 | $-0.46 | $-0.69 | $-0.50 | $-0.76 | $-0.70 | $-0.32 | $-0.39 |
Avg Forecast | $0.61 | $0.62 | $0.58 | $0.52 | $0.54 | $0.48 | $0.47 | $0.42 | $0.44 | $0.36 | $0.31 | $0.27 | $0.24 | $0.18 | $0.13 | $0.08 | $0.12 | $0.04 | $0.05 | $0.06 | $0.05 | $0.04 | $0.07 | $0.08 | $0.04 | $0.06 | $-0.02 | $-0.12 | $0.10 | $0.03 |
High Forecast | $0.62 | $0.63 | $0.59 | $0.52 | $0.54 | $0.48 | $0.48 | $0.42 | $0.44 | $0.37 | $0.32 | $0.27 | $0.28 | $0.20 | $0.13 | $0.08 | $0.12 | $0.04 | $0.05 | $0.06 | $0.05 | $0.04 | $0.07 | $0.08 | $0.05 | $0.06 | $-0.02 | $-0.12 | $0.10 | $0.03 |
Low Forecast | $0.61 | $0.62 | $0.58 | $0.52 | $0.54 | $0.47 | $0.47 | $0.41 | $0.44 | $0.34 | $0.31 | $0.27 | $0.15 | $0.16 | $0.13 | $0.08 | $0.12 | $0.04 | $0.05 | $0.06 | $0.05 | $0.04 | $0.07 | $0.08 | $0.04 | $0.06 | $-0.02 | $-0.12 | $0.10 | $0.03 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.17% | - | -0.11% | -4.77% | -11.84% | - | -6.90% | -9.58% | -14.73% | -7.24% | -5.54% | -15.51% | -8.91% | 37.11% | 5.83% | -3.34% | -11.36% |
Q2 Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
LAW | CS Disco | $5.74 | $26.86 | 367.94% | Hold |
PRO | PROS | $18.40 | $41.00 | 122.83% | Buy |
BL | BlackLine | $50.79 | $96.83 | 90.65% | Buy |
PYCR | Paycor HCM | $13.73 | $23.11 | 68.32% | Hold |
AMSWA | American Software | $10.92 | $15.50 | 41.94% | Buy |
PCTY | Paylocity | $161.31 | $215.00 | 33.28% | Buy |
GBTG | Global Business Travel Group | $7.39 | $8.50 | 15.02% | Buy |
ALKT | Alkami | $30.62 | $34.50 | 12.67% | Buy |
AGYS | Agilysys | $103.48 | $114.25 | 10.41% | Buy |
PWSC | PowerSchool | $22.77 | $24.08 | 5.75% | Hold |
APPF | AppFolio | $229.19 | $225.00 | -1.83% | Buy |
CWAN | Clearwater Analytics | $24.72 | $22.50 | -8.98% | Buy |
QTWO | Q2 | $76.19 | $65.15 | -14.49% | Buy |
MLNK | MeridianLink | $23.73 | $20.00 | -15.72% | Buy |
QTWO Forecast FAQ
Is Q2 a good buy?
Yes, according to 18 Wall Street analysts, Q2 (QTWO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 66.67% of QTWO's total ratings.
What is QTWO's price target?
Q2 (QTWO) average price target is $65.15 with a range of $50 to $91, implying a -14.49% from its last price of $76.19. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Q2 stock go up soon?
According to Wall Street analysts' prediction for QTWO stock, the company can go down by -14.49% (from the last price of $76.19 to the average price target of $65.15), up by 19.44% based on the highest stock price target, and down by -34.37% based on the lowest stock price target.
Can Q2 stock reach $110?
QTWO's average twelve months analyst stock price target of $65.15 does not support the claim that Q2 can reach $110 in the near future.
What is Q2's current price target trend?
2 Wall Street analysts forecast a $86.5 price target for Q2 (QTWO) this month, up 13.53% from its last price of $76.19. Compared to the last 3 and 12 months, the average price target increased by 13.53% and decreased by -13.85%, respectively.
What are Q2's analysts' financial forecasts?
Q2's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $771.57M (high $776.73M, low $769.17M), average EBITDA is $-25.875M (high $-25.794M, low $-26.048M), average net income is $114.33M (high $115.32M, low $113.87M), average SG&A $278.16M (high $280.03M, low $277.3M), and average EPS is $1.9 (high $1.92, low $1.89). QTWO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $858M (high $863.74M, low $855.33M), average EBITDA is $-28.773M (high $-28.684M, low $-28.966M), average net income is $140.18M (high $141.4M, low $139.61M), average SG&A $309.32M (high $311.39M, low $308.36M), and average EPS is $2.33 (high $2.35, low $2.32).
Did the QTWO's actual financial results beat the analysts' financial forecasts?
Based on Q2's last annual report (Dec 2022), the company's revenue was $565.67M, which missed the average analysts forecast of $569.16M by -0.61%. Apple's EBITDA was $-40.75M, beating the average prediction of $-25.892M by 57.39%. The company's net income was $-109M, beating the average estimation of $-52.898M by 106.02%. Apple's SG&A was $211.58M, beating the average forecast of $210.66M by 0.44%. Lastly, the company's EPS was $-1.9, missing the average prediction of $0.27 by -804.55%. In terms of the last quarterly report (Sep 2023), Q2's revenue was $154.97M, missing the average analysts' forecast of $155.27M by -0.20%. The company's EBITDA was $-23.172M, beating the average prediction of $-5.207M by 345.00%. Q2's net income was $-23.167M, missing the average estimation of $11.08M by -309.17%. The company's SG&A was $54.21M, missing the average forecast of $55.98M by -3.17%. Lastly, the company's EPS was $-0.4, missing the average prediction of $0.184 by -317.27%