Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Anaplan (NYSE:PLAN) Inc on Thursday, setting a price target of $80, which is approximately 18.96% above the present share price of $67.25.
Vafi expects Anaplan Inc to post earnings per share (EPS) of -$0.26 for the first quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in Anaplan, with an average price target of $88.09.
The analysts price targets range from a high of $100 to a low of $77.
In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $114.88 million and a net profit of -$35.87 million. The company's market cap is $9.54 billion.
According to TipRanks.com, Canaccord Genuity analyst Joseph Vafi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 77.2% and a 83.93% success rate.
Anaplan, Inc. engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. It also offers professional services, including consulting, implementation, and training. The company was founded by Michael Gould, John David Guy Haddleton, and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.