Piper Sandler analyst Brent Bracelin maintained a Buy rating on Anaplan (NYSE:PLAN) Inc on Thursday, setting a price target of $67, which is approximately 17.56% above the present share price of $56.99.
Bracelin expects Anaplan Inc to post earnings per share (EPS) of -$0.29 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Anaplan, with an average price target of $76.86.
The analysts price targets range from a high of $95 to a low of $59.
In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $122.53 million and a net profit of -$41.47 million. The company's market cap is $8.24 billion.
According to TipRanks.com, Piper Sandler analyst Brent Bracelin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.4% and a 76.10% 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.