Needham analyst Scott Berg reiterated a Buy rating on Anaplan (NYSE:PLAN) Inc on Wednesday, setting a price target of $95, which is approximately 39.93% above the present share price of $67.89.
Berg expects Anaplan Inc to post earnings per share (EPS) of -$0.35 for the third quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Strong Buy rating of shares in Anaplan, with an average price target of $83.13.
The analysts price targets range from a high of $101 to a low of $65.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $144.32 million and a net profit of -$49.09 million. The company's market cap is $9.92 billion.
According to TipRanks.com, Needham analyst Scott Berg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 35.2% and a 77.12% 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.