Compass Point analyst Michael Del Grosso maintained a Buy rating on Q2 Holdings (NYSE:QTWO) on Friday, setting a price target of $120, which is approximately 4.05% above the present share price of $115.33.
Del Grosso expects Q2 Holdings to post earnings per share (EPS) of -$0.50 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Q2 Holdings, with an average price target of $118.
The analysts price targets range from a high of $125 to a low of $108.
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 $6.28 billion.
According to TipRanks.com, Compass Point analyst Michael Del Grosso is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 22.3% and a 91.30% 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.