Morgan Stanley (NYSE:MS) analyst Stan Zlotsky maintained a Buy rating on Coupa Software (NASDAQ:COUP) on Tuesday, setting a price target of $330, which is approximately 89.55% above the present share price of $174.1.
Zlotsky expects Coupa Software to post earnings per share (EPS) of -$1.24 for the fourth quarter of 2021.
The current consensus among 19 TipRanks analysts is for a Moderate Buy rating of shares in Coupa Software, with an average price target of $222.29.
The analysts price targets range from a high of $350 to a low of $155.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $179.25 million and a net profit of -$54.3 million. The company's market cap is $12.89 billion.
According to TipRanks.com, Morgan Stanley analyst Stan Zlotsky is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.5% and a 61.18% success rate.
Founded in 2006 and based in California, Coupa Software, Inc. provides a cloud-based business spending management platform. The company's platform consists of procurement, invoicing, expense management, and payment modules.