Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Q2 Holdings (NYSE:QTWO) on Monday, setting a price target of $116, which is approximately 11.84% above the present share price of $103.72.
Vafi expects Q2 Holdings to post earnings per share (EPS) of -$0.50 for the fourth quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Q2 Holdings, with an average price target of $113.
The analysts price targets range from a high of $125 to a low of $95.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $103.8 million and a net profit of -$19.03 million. The company's market cap is $5.59 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 31.6% and a 76.84% success rate.
Q2 Holdings, Inc. engages in the provision of digital banking solutions. Its services offers security, advisory, web services, custom services and end user marketing solutions. The company was founded by Robert H. Seale III on March 31, 2005 and is headquartered in Austin, TX.