Q2 (QTWO) Stock Forecast, Price Target & Predictions

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QTWO Stock Forecast

Q2 stock forecast is as follows: an average price target of $77.15 (represents a -23.95% downside from QTWO’s last price of $101.44) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.

QTWO Price Target

The average price target for Q2 (QTWO) is $77.15 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $50.00. This represents a potential -23.95% downside from QTWO's last price of $101.44.

QTWO Analyst Ratings

Buy

According to 17 Wall Street analysts, Q2's rating consensus is 'Buy'. The analyst rating breakdown for QTWO stock is 0 'Strong Buy' (0.00%), 10 'Buy' (58.82%), 7 'Hold' (41.18%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Q2 Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 07, 2024	Arvind Ramnani	Piper Sandler	$93.00	$86.09	8.02%	-8.32%
Nov 07, 2024	Mayank Tandon	Needham	$120.00	$86.09	39.38%	18.30%
Sep 24, 2024	Jon Vruwink	Robert W. Baird	$76.00	$79.48	-4.38%	-25.08%
Sep 23, 2024	Andrew Schmidt	Citigroup	$72.00	$78.87	-8.71%	-29.02%
Sep 23, 2024	Peter Heckmann	D.A. Davidson	$76.00	$78.88	-3.65%	-25.08%
Sep 23, 2024	Parker Lane	Stifel Nicolaus	$85.00	$78.92	7.70%	-16.21%
Sep 23, 2024	Terry Tillman	Truist Financial	$78.00	$78.92	-1.17%	-23.11%
Sep 04, 2024	Dominick Gabriele	Compass Point	$91.00	$72.25	25.95%	-10.29%
Aug 26, 2024	Mark Palmer	Coker Palmer	$82.00	$74.88	9.51%	-19.16%
Jun 17, 2024	Terry Tillman	Truist Financial	$68.00	$57.96	17.32%	-32.97%

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The latest Q2 stock forecast, released on Nov 07, 2024 by Arvind Ramnani from Piper Sandler, set a price target of $93.00, which represents a 8.02% increase from the stock price at the time of the forecast ($86.09), and a -8.32% decrease from QTWO last price ($101.44).

Q2 Price Target by Period

	1M	3M	12M
# Anlaysts	2	9	18
Avg Price Target	$106.50	$85.89	$73.44
Last Closing Price	$101.44	$101.44	$101.44
Upside/Downside	4.99%	-15.33%	-27.60%

In the current month, the average price target of Q2 stock is $106.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 4.99% increase as opposed to Q2's last price of $101.44. This month's average price target is up 24.00% compared to last quarter, and up 45.02% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 18, 2024	Needham	Underperform	Underperform	Hold
Oct 18, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Oct 18, 2024	Citigroup	Buy	Neutral	Downgrade
Sep 23, 2024	Citigroup	Buy	Buy	Hold
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

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Q2's last stock rating was published by Needham on Oct 18, 2024. The company gave QTWO a "Underperform" rating, the same as its previous rate.

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	Jun 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	$140.31M	$134.07M	$131.89M	$126.74M	$123.57M	$116.52M	$108.99M	$103.80M	$97.58M	$92.38M	$86.84M	$79.70M
Avg Forecast	$225.75M	$219.00M	$214.50M	$207.25M	$200.67M	$194.69M	$191.65M	$184.62M	$179.92M	$173.47M	$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	$227.69M	$220.88M	$216.34M	$209.03M	$202.39M	$196.36M	$193.29M	$186.44M	$181.08M	$173.50M	$170.94M	$163.59M	$161.99M	$156.23M	$155.58M	$151.55M	$150.67M	$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
Low Forecast	$224.05M	$217.35M	$212.89M	$205.69M	$199.16M	$193.23M	$190.21M	$182.83M	$179.20M	$173.44M	$170.94M	$163.59M	$160.85M	$154.64M	$153.09M	$149.13M	$148.26M	$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
# Analysts	5	4	5	4	4	3	4	8	9	4	3	4	7	14	13	7	6	6	8	6	7	11	7	13	13	4	5	4	4	3
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	-	1.02%	0.98%	0.99%	1.00%	1.01%	1.00%	1.01%	1.01%	1.01%	1.02%	1.00%	1.02%	0.99%	0.98%	1.01%

Q2's average Quarter revenue forecast for Dec 23 based on 7 analysts is $161.51M, with a low forecast of $160.85M, and a high forecast of $161.99M. QTWO's average Quarter revenue forecast represents a 4.22% increase compared to the company's last Quarter revenue of $154.97M (Sep 23).

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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	4	5	4	4	3	4	8	9	4	3	4	7	14	13	7	6	6	8	6	7	11	7	13	13	4	5	4	4	3
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$-23.17M	-	$-3.63M	$-15.48M	$-21.96M	$-7.67M	$-5.56M	$-2.37M	$-8.75M	$-7.66M	$-4.42M	$-16.37M	$-6.60M	$-19.01M	$-13.73M	$-10.44M	$-6.15M
Avg Forecast	$-13.11M	$-12.72M	$-12.46M	$-12.04M	$-11.66M	$-11.31M	$-11.13M	$-10.72M	$-10.45M	$-10.08M	$-9.93M	$-9.09M	$-9.38M	$-9.02M	$-8.96M	$-8.26M	$-3.47M	$-4.92M	$-4.70M	$-7.51M	$-4.43M	$-4.22M	$-4.12M	$-3.32M	$-3.57M	$-3.46M	$-3.20M	$-17.16M	$-2.97M	$-2.66M
High Forecast	$-13.01M	$-12.63M	$-12.37M	$-11.95M	$-11.57M	$-11.22M	$-11.05M	$-10.62M	$-10.41M	$-10.07M	$-9.93M	$-7.27M	$-9.34M	$-8.98M	$-8.89M	$-6.61M	$-2.77M	$-4.92M	$-4.70M	$-6.01M	$-4.43M	$-4.22M	$-4.12M	$-2.65M	$-3.57M	$-3.46M	$-3.20M	$-13.73M	$-2.97M	$-2.66M
Low Forecast	$-13.23M	$-12.83M	$-12.57M	$-12.14M	$-11.76M	$-11.41M	$-11.23M	$-10.83M	$-10.52M	$-10.08M	$-9.93M	$-10.91M	$-9.41M	$-9.08M	$-9.04M	$-9.92M	$-4.16M	$-4.92M	$-4.70M	$-9.02M	$-4.43M	$-4.22M	$-4.12M	$-3.98M	$-3.57M	$-3.46M	$-3.20M	$-20.59M	$-2.97M	$-2.66M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.57%	-	0.44%	4.46%	4.46%	1.63%	0.74%	0.53%	2.07%	1.86%	1.33%	4.58%	1.91%	5.95%	0.80%	3.51%	2.31%

undefined analysts predict QTWO's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Q2's previous annual EBITDA (undefined) of $NaN.

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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	4	5	4	4	3	4	8	9	4	3	4	7	14	13	7	6	6	8	6	7	11	7	13	13	4	5	4	4	3
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$-23.17M	-	$-516.00K	$-32.41M	$-27.79M	$-25.22M	$-23.56M	$-25.38M	$-31.58M	$-30.13M	$-25.66M	$-37.82M	$-26.72M	$-38.97M	$-34.11M	$-15.67M	$-18.57M
Avg Forecast	$43.72M	$40.41M	$39.50M	$36.49M	$36.05M	$32.63M	$30.34M	$27.62M	$28.69M	$21.51M	$18.85M	$-38.48M	$14.55M	$11.10M	$8.01M	$-34.99M	$-37.23M	$2.44M	$3.15M	$-31.80M	$2.83M	$2.29M	$4.40M	$-19.24M	$2.68M	$3.37M	$-1.23M	$-42.63M	$5.77M	$2.07M
High Forecast	$44.21M	$40.86M	$39.94M	$36.89M	$36.45M	$32.99M	$30.67M	$28.21M	$29.29M	$21.68M	$18.86M	$-30.79M	$16.97M	$12.27M	$8.09M	$-27.99M	$-29.78M	$2.44M	$3.15M	$-25.44M	$2.83M	$2.29M	$4.40M	$-15.39M	$2.68M	$3.37M	$-1.23M	$-34.11M	$5.77M	$2.07M
Low Forecast	$43.30M	$40.01M	$39.12M	$36.13M	$35.70M	$32.31M	$30.04M	$27.03M	$27.50M	$21.34M	$18.83M	$-46.18M	$9.09M	$9.93M	$7.93M	$-41.98M	$-44.67M	$2.44M	$3.15M	$-38.17M	$2.83M	$2.29M	$4.40M	$-23.09M	$2.68M	$3.37M	$-1.23M	$-51.16M	$5.77M	$2.07M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-2.09%	-	0.01%	0.87%	-11.39%	-8.00%	0.74%	-8.98%	-13.81%	-6.84%	1.33%	-14.13%	-7.92%	31.63%	0.80%	-2.72%	-8.99%

Q2's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. QTWO's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	4	5	4	4	3	4	8	9	4	3	4	7	14	13	7	6	6	8	6	7	11	7	13	13	4	5	4	4	3
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$54.21M	-	$54.80M	$59.37M	$56.07M	$49.89M	$46.24M	$42.47M	$44.26M	$40.10M	$38.65M	$34.83M	$37.43M	$34.18M	$38.99M	$32.13M	$29.36M
Avg Forecast	$81.39M	$78.95M	$77.33M	$74.72M	$72.34M	$70.19M	$69.09M	$66.56M	$64.86M	$62.54M	$61.63M	$75.54M	$58.23M	$55.98M	$55.61M	$68.67M	$62.30M	$52.93M	$50.56M	$62.43M	$47.67M	$45.37M	$44.27M	$28.99M	$38.43M	$37.24M	$34.35M	$48.74M	$31.97M	$28.57M
High Forecast	$82.09M	$79.63M	$77.99M	$75.36M	$72.97M	$70.79M	$69.69M	$67.21M	$65.28M	$62.55M	$61.63M	$90.64M	$58.40M	$56.32M	$56.09M	$82.40M	$74.75M	$52.93M	$50.56M	$74.91M	$47.67M	$45.37M	$44.27M	$34.78M	$38.43M	$37.24M	$34.35M	$58.49M	$31.97M	$28.57M
Low Forecast	$80.77M	$78.36M	$76.75M	$74.16M	$71.80M	$69.66M	$68.57M	$65.91M	$64.61M	$62.53M	$61.63M	$60.43M	$57.99M	$55.75M	$55.19M	$54.94M	$49.84M	$52.93M	$50.56M	$49.94M	$47.67M	$45.37M	$44.27M	$23.19M	$38.43M	$37.24M	$34.35M	$38.99M	$31.97M	$28.57M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.97%	-	0.80%	0.95%	1.06%	0.99%	0.74%	0.89%	0.98%	0.91%	1.33%	0.91%	1.01%	1.00%	0.80%	1.01%	1.03%

Q2's average Quarter SG&A projection for Dec 23 is $58.23M, based on 7 Wall Street analysts, with a range of $57.99M to $58.40M. The forecast indicates a 7.42% rise compared to QTWO last annual SG&A of $54.21M (Sep 23).

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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	5	4	5	4	4	3	4	8	9	4	3	4	7	14	13	7	6	6	8	6	7	11	7	13	13	4	5	4	4	3
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.40	-	$-0.01	$-0.56	$-0.48	$-0.44	$-0.41	$-0.45	$-0.56	$-0.53	$-0.46	$-0.69	$-0.50	$-0.76	$-0.70	$-0.32	$-0.39
Avg Forecast	$0.72	$0.67	$0.66	$0.60	$0.60	$0.54	$0.50	$0.46	$0.48	$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	$0.73	$0.68	$0.66	$0.61	$0.60	$0.55	$0.51	$0.47	$0.49	$0.36	$0.31	$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	$0.04	$0.06	$-0.02	$-0.12	$0.10	$0.03
Low Forecast	$0.72	$0.66	$0.65	$0.60	$0.59	$0.54	$0.50	$0.45	$0.46	$0.35	$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%	-8.40%	-6.90%	-9.58%	-14.73%	-7.24%	-5.54%	-15.51%	-8.91%	37.11%	5.83%	-3.34%	-11.36%

According to undefined Wall Street analysts, Q2's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to QTWO previous annual EPS of $NaN (undefined).

Q2 Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
LAW	CS Disco	$5.44	$24.14	343.75%	Hold
BL	BlackLine	$58.53	$88.50	51.20%	Buy
PRO	PROS	$22.52	$32.67	45.07%	Buy
AMSWA	American Software	$10.95	$15.50	41.55%	Buy
PYCR	Paycor HCM	$16.40	$22.00	34.15%	Hold
ALKT	Alkami	$37.75	$45.67	20.98%	Buy
APPF	AppFolio	$230.65	$278.00	20.53%	Buy
PCTY	Paylocity	$195.28	$218.64	11.96%	Buy
MLNK	MeridianLink	$22.06	$22.75	3.13%	Buy
GBTG	Global Business Travel Group	$8.98	$8.50	-5.35%	Buy
AGYS	Agilysys	$125.78	$116.20	-7.62%	Buy
CWAN	Clearwater Analytics	$30.90	$28.50	-7.77%	Buy
QTWO	Q2	$101.44	$77.15	-23.95%	Buy

QTWO Forecast FAQ

Is Q2 a good buy?

Yes, according to 17 Wall Street analysts, Q2 (QTWO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 58.82% of QTWO's total ratings.

What is QTWO's price target?

Q2 (QTWO) average price target is $77.15 with a range of $50 to $120, implying a -23.95% from its last price of $101.44. The data is based on 17 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 -23.95% (from the last price of $101.44 to the average price target of $77.15), up by 18.30% based on the highest stock price target, and down by -50.71% based on the lowest stock price target.

Can Q2 stock reach $200?

QTWO's average twelve months analyst stock price target of $77.15 does not support the claim that Q2 can reach $200 in the near future.

What is Q2's current price target trend?

2 Wall Street analysts forecast a $106.5 price target for Q2 (QTWO) this month, up 4.99% from its last price of $101.44. Compared to the last 3 and 12 months, the average price target decreased by -15.33% and decreased by -27.60%, 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 $771.63M (high $778.48M, low $765.42M), average EBITDA is $-44.823M (high $-44.462M, low $-45.221M), average net income is $126.64M (high $128.33M, low $125.08M), average SG&A $278.19M (high $280.66M, low $275.95M), and average EPS is $2.1 (high $2.13, low $2.07). QTWO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $866.5M (high $873.94M, low $859.98M), average EBITDA is $-50.334M (high $-49.955M, low $-50.766M), average net income is $160.12M (high $161.91M, low $158.56M), average SG&A $312.39M (high $315.07M, low $310.04M), and average EPS is $2.65 (high $2.68, low $2.63).

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 $-20.608M by 97.74%. The company's net income was $-109M, beating the average estimation of $-63.439M by 71.79%. Apple's SG&A was $211.58M, missing the average forecast of $228.21M by -7.29%. 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 $-9.02M by 156.91%. Q2's net income was $-23.167M, missing the average estimation of $11.1M by -308.65%. 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%