Oppenheimer analyst Ray McDonough maintained a Buy rating on Coupa Software (NASDAQ:COUP) on Tuesday, setting a price target of $225, which is approximately 29.24% above the present share price of $174.1.
McDonough expects Coupa Software to post earnings per share (EPS) of -$1.24 for the fourth quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Moderate Buy rating of shares in Coupa Software, with an average price target of $289.33.
The analysts price targets range from a high of $350 to a low of $208.
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, Oppenheimer analyst Ray McDonough is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -7.5% and a 20.00% 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.