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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 $85.89 (represents a -17.84% downside from QTWO’s last price of $104.54) 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 $85.89 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 $72.00. This represents a potential -17.84% downside from QTWO's last price of $104.54.

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 07, 2024Arvind RamnaniPiper Sandler$93.00$86.098.02%-11.04%
Nov 07, 2024Mayank TandonNeedham$120.00$86.0939.38%14.79%
Sep 24, 2024Jon VruwinkRobert W. Baird$76.00$79.48-4.38%-27.30%
Sep 23, 2024Andrew SchmidtCitigroup$72.00$78.87-8.71%-31.13%
Sep 23, 2024Peter HeckmannD.A. Davidson$76.00$78.88-3.65%-27.30%
Sep 23, 2024Parker LaneStifel Nicolaus$85.00$78.927.70%-18.69%
Sep 23, 2024Terry TillmanTruist Financial$78.00$78.92-1.17%-25.39%
Sep 04, 2024Dominick GabrieleCompass Point$91.00$72.2525.95%-12.95%
Aug 26, 2024Mark PalmerCoker Palmer$82.00$74.889.51%-21.56%
Jun 17, 2024Terry TillmanTruist Financial$68.00$57.9617.32%-34.95%
May 03, 2024Arvind RamnaniPiper Sandler$61.00$60.540.76%-41.65%
May 02, 2024Peter HeckmannD.A. Davidson$65.00$60.367.69%-37.82%
May 02, 2024Michael InfanteMorgan Stanley$50.00$55.55-9.99%-52.17%
May 02, 2024Jon VruwinkRobert W. Baird$65.00$51.7325.65%-37.82%
May 02, 2024Matthew HedbergRBC Capital$60.00$51.7315.99%-42.61%
May 02, 2024Mark PalmerCoker Palmer$60.00$51.7315.99%-42.61%
Apr 19, 2024Terry TillmanTruist Financial$60.00$49.8120.46%-42.61%
Mar 18, 2024Jon VruwinkRobert W. Baird$60.00$49.4321.38%-42.61%
Nov 07, 2022Daniel PerlinRBC Capital$32.00$26.4421.03%-69.39%
Oct 04, 2022Parker LaneStifel Nicolaus$60.00$35.4769.16%-42.61%
Sep 28, 2022Charles NabhanStephens$55.00$32.7567.94%-47.39%
Sep 12, 2022Citigroup$63.00$42.0749.75%-39.74%
Aug 08, 2022Morgan Stanley$50.00$45.2410.51%-52.17%
Aug 05, 2022Piper Sandler$45.00$43.922.46%-56.95%
Aug 05, 2022Needham$62.00$44.2939.99%-40.69%
Aug 05, 2022Raymond James$65.00$45.9441.49%-37.82%
Aug 05, 2022Robert W. Baird$61.00$46.1632.15%-41.65%
Jul 18, 2022Piper Sandler$41.00$39.354.19%-60.78%
May 04, 2022Stephens$65.00$46.5039.78%-37.82%
May 04, 2022Morgan Stanley$55.00$48.9112.45%-47.39%
May 04, 2022RBC Capital$76.00$49.3054.16%-27.30%
Feb 08, 2022Peter HeckmannD.A. Davidson$94.00$64.9044.84%-10.08%
Nov 18, 2021Charles NabhanStephens$100.00$87.6914.04%-4.34%
Nov 04, 2021Terry TillmanTruist Financial$125.00$87.1143.50%19.57%

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 -11.04% decrease from QTWO last price ($104.54).

Q2 Price Target by Period

1M3M12M
# Anlaysts-718
Avg Price Target-$85.71$73.44
Last Closing Price$104.54$104.54$104.54
Upside/Downside-100.00%-18.01%-29.75%

In the current month, the average price target of Q2 stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Q2's last price of $104.54. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 18, 2024NeedhamUnderperformUnderperformHold
Oct 18, 2024RBC CapitalSector PerformSector PerformHold
Oct 18, 2024CitigroupBuyNeutralDowngrade
Sep 23, 2024CitigroupBuyBuyHold
Sep 03, 2024Compass PointBuyInitialise
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
May 02, 2024BTIGBuyBuyHold
Feb 23, 2024Canaccord GenuityBuyBuyHold
Jan 23, 2024StephensBuyBuyHold
Jan 23, 2024Sandler O'NeillUnderperformUnderperformHold
Dec 07, 2023StephensEqual-WeightOverweightUpgrade
Aug 07, 2023Canaccord GenuityBuyUpgrade
Jul 24, 2023UBSBuyInitialise
Jul 24, 2023JMP SecuritiesMarket OutperformInitialise
Jul 24, 2023BarclaysEqual-WeightInitialise
Jul 24, 2023William BlairOutperformInitialise
Jul 24, 2023JefferiesHoldInitialise
Jul 24, 2023Keefe, Bruyette & WoodsOutperformInitialise
Feb 22, 2023StephensEqual-WeightEqual-WeightHold
Jan 31, 2023EF HuttonBuyInitialise
Nov 07, 2022RBC CapitalOutperformSector PerformDowngrade
Sep 28, 2022StephensEqual-WeightEqual-WeightHold
Sep 12, 2022CitigroupBuyBuyHold
Aug 08, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 05, 2022NeedhamBuyBuyHold
Aug 05, 2022Raymond JamesOutperformOutperformHold
Jul 18, 2022Piper SandlerNeutralNeutralHold
Feb 17, 2022RBC CapitalOutperformOutperformHold
Feb 17, 2022Morgan StanleyEqual-WeightEqual-WeightHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$227.85M$221.03M$216.49M$209.17M$202.53M$196.50M$193.43M$186.44M$181.08M$173.50M$170.94M$163.59M$161.99M$156.23M$155.69M$151.66M$150.77M$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$223.79M$217.10M$212.64M$205.45M$198.93M$193.00M$189.99M$182.83M$179.20M$173.44M$170.94M$163.59M$160.85M$154.64M$152.92M$148.96M$148.09M$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
# Analysts54544348943471413766867117131345443
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348943471413766867117131345443
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$-13.00M$-12.61M$-12.35M$-11.93M$-11.56M$-11.21M$-11.04M$-10.62M$-10.41M$-10.07M$-9.93M$-7.27M$-9.34M$-8.98M$-8.88M$-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$-13.24M$-12.84M$-12.58M$-12.15M$-11.76M$-11.41M$-11.24M$-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348943471413766867117131345443
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$44.25M$40.90M$39.98M$36.93M$36.49M$33.02M$30.70M$28.21M$29.29M$21.68M$18.86M$-30.79M$16.97M$12.27M$8.10M$-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$43.23M$39.95M$39.06M$36.08M$35.65M$32.26M$29.99M$27.03M$27.50M$21.34M$18.83M$-46.18M$9.09M$9.93M$7.92M$-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348943471413766867117131345443
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$64.87M$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$82.14M$79.69M$78.05M$75.41M$73.02M$70.84M$69.73M$67.21M$65.28M$62.55M$61.63M$90.64M$58.40M$56.32M$56.13M$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$80.68M$78.27M$76.66M$74.07M$71.72M$69.58M$68.49M$65.91M$64.61M$62.53M$61.63M$60.43M$57.99M$55.75M$55.13M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348943471413766867117131345443
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$0.53$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PROPROS$23.97$32.0033.50%Buy
ALKTAlkami$39.10$45.6716.80%Buy
APPFAppFolio$261.51$300.0014.72%Buy
CWANClearwater Analytics$29.55$31.336.02%Buy
MLNKMeridianLink$22.18$22.752.57%Buy
LAWCS Disco$5.90$6.001.69%Hold
PCTYPaylocity$203.08$197.33-2.83%Buy
BLBlackLine$64.46$60.75-5.76%Buy
GBTGGlobal Business Travel Group$9.14$8.50-7.00%Buy
PYCRPaycor HCM$20.16$18.25-9.47%Hold
AGYSAgilysys$141.74$125.33-11.58%Buy
QTWOQ2$104.54$85.89-17.84%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 $85.89 with a range of $72 to $120, implying a -17.84% from its last price of $104.54. 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 -17.84% (from the last price of $104.54 to the average price target of $85.89), up by 14.79% based on the highest stock price target, and down by -31.13% based on the lowest stock price target.

Can Q2 stock reach $200?

QTWO's average twelve months analyst stock price target of $85.89 does not support the claim that Q2 can reach $200 in the near future.

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 $778.9M, low $764.75M), average EBITDA is $-44.823M (high $-44.423M, low $-45.245M), average net income is $126.64M (high $128.42M, low $124.93M), average SG&A $278.19M (high $280.81M, low $275.7M), 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 $874.54M, low $858.98M), average EBITDA is $-50.334M (high $-49.897M, low $-50.801M), average net income is $160.12M (high $162.05M, low $158.32M), average SG&A $312.39M (high $315.29M, low $309.68M), and average EPS is $2.65 (high $2.69, 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%