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 $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


The average price target for Q2 (QTWO) is $65.15 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $91.00 to $50.00. This represents a potential -14.49% downside from QTWO's last price of $76.19.

QTWO Analyst Ratings


Buy

According to 18 Wall Street analysts, Q2's rating consensus is 'Buy'. The analyst rating breakdown for QTWO stock is 0 'Strong Buy' (0.00%), 12 'Buy' (66.67%), 6 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Q2 Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 04, 2024Dominick GabrieleCompass Point$91.00$72.2525.95%19.44%
Aug 26, 2024Mark PalmerCoker Palmer$82.00$74.889.51%7.63%
Jun 17, 2024Terry TillmanTruist Financial$68.00$57.9617.32%-10.75%
May 03, 2024Arvind RamnaniPiper Sandler$61.00$60.540.76%-19.94%
May 02, 2024Peter HeckmannD.A. Davidson$65.00$60.367.69%-14.69%
May 02, 2024Michael InfanteMorgan Stanley$50.00$55.55-9.99%-34.37%
May 02, 2024Jon VruwinkRobert W. Baird$65.00$51.7325.65%-14.69%
May 02, 2024Matthew HedbergRBC Capital$60.00$51.7315.99%-21.25%
May 02, 2024Mark PalmerCoker Palmer$60.00$51.7315.99%-21.25%
Apr 19, 2024Terry TillmanTruist Financial$60.00$49.8120.46%-21.25%
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The latest Q2 stock forecast, released on Sep 04, 2024 by Dominick Gabriele from Compass Point, set a price target of $91.00, which represents a 25.95% increase from the stock price at the time of the forecast ($72.25), and a 19.44% increase from QTWO last price ($76.19).

Q2 Price Target by Period


1M3M12M
# Anlaysts2211
Avg Price Target$86.50$86.50$65.64
Last Closing Price$76.19$76.19$76.19
Upside/Downside13.53%13.53%-13.85%

In the current month, the average price target of Q2 stock is $86.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 13.53% increase as opposed to Q2's last price of $76.19. This month's average price target is down 0.00% compared to last quarter, and up 31.78% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024Compass Point-BuyInitialise
Aug 26, 2024Truist FinancialSector PerformSector PerformHold
Aug 26, 2024BTIGBuyBuyHold
Aug 01, 2024RBC CapitalSector PerformSector PerformHold
Aug 01, 2024BTIGBuyBuyHold
Jul 24, 2024RBC CapitalUnderperformUnderperformHold
Jul 24, 2024Truist FinancialSector PerformSector PerformHold
May 03, 2024Piper SandlerNeutralNeutralHold
May 02, 2024NeedhamBuyBuyHold
May 02, 2024RBC CapitalSector PerformSector PerformHold
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Q2's last stock rating was published by Compass Point on Sep 03, 2024. The company Initialise its QTWO rating from "null" to "Buy".

Q2 Financial Forecast


Q2 Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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
# Analysts99998888910947141376696712785510744
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'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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910947141376696712785510744
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%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910947141376696712785510744
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'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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910947141376696712785510744
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'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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910947141376696712785510744
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%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LAWCS Disco$5.74$26.86367.94%Hold
PROPROS$18.40$41.00122.83%Buy
BLBlackLine$50.79$96.8390.65%Buy
PYCRPaycor HCM$13.73$23.1168.32%Hold
AMSWAAmerican Software$10.92$15.5041.94%Buy
PCTYPaylocity$161.31$215.0033.28%Buy
GBTGGlobal Business Travel Group$7.39$8.5015.02%Buy
ALKTAlkami$30.62$34.5012.67%Buy
AGYSAgilysys$103.48$114.2510.41%Buy
PWSCPowerSchool$22.77$24.085.75%Hold
APPFAppFolio$229.19$225.00-1.83%Buy
CWANClearwater Analytics$24.72$22.50-8.98%Buy
QTWOQ2$76.19$65.15-14.49%Buy
MLNKMeridianLink$23.73$20.00-15.72%Buy

QTWO Forecast FAQ


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.

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.

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.

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.

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.

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).

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%