FY2025 Earnings Forecast for Q2 Issued By Cantor Fitzgerald

Q2 Holdings, Inc. (NYSE:QTWO - Free Report) - Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Q2 in a research report issued to clients and investors on Tuesday, June 3rd. Cantor Fitzgerald analyst M. Vanvliet forecasts that the technology company will post earnings per share of $0.74 for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $110.00 target price on the stock. The consensus estimate for Q2's current full-year earnings is $0.67 per share.

Several other analysts also recently weighed in on QTWO. Morgan Stanley boosted their target price on Q2 from $89.00 to $93.00 and gave the company an "equal weight" rating in a report on Thursday, May 8th. The Goldman Sachs Group decreased their price target on shares of Q2 from $119.00 to $106.00 and set a "buy" rating for the company in a research note on Friday, March 28th. Compass Point restated a "neutral" rating and issued a $60.00 price objective on shares of Q2 in a research note on Monday, April 7th. Stephens reaffirmed an "overweight" rating and issued a $115.00 target price on shares of Q2 in a report on Thursday, February 13th. Finally, Needham & Company LLC decreased their target price on shares of Q2 from $125.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Q2 currently has a consensus rating of "Moderate Buy" and an average target price of $99.50.

Q2 Stock Performance

QTWO traded up $0.33 on Thursday, reaching $89.95. The company had a trading volume of 349,420 shares, compared to its average volume of 646,816. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.58. Q2 has a 1 year low of $55.97 and a 1 year high of $112.82. The stock has a market capitalization of $5.60 billion, a PE ratio of -138.38 and a beta of 1.47. The stock has a 50-day moving average price of $81.76 and a 200-day moving average price of $89.82.

Institutional Investors Weigh In On Q2

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. B. Metzler seel. Sohn & Co. AG increased its stake in Q2 by 1.1% in the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 16,687 shares of the technology company's stock valued at $1,335,000 after purchasing an additional 188 shares in the last quarter. Arizona State Retirement System grew its holdings in Q2 by 1.1% in the fourth quarter. Arizona State Retirement System now owns 17,495 shares of the technology company's stock valued at $1,761,000 after purchasing an additional 190 shares during the last quarter. Summit Investment Advisors Inc. increased its position in shares of Q2 by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 6,156 shares of the technology company's stock valued at $620,000 after buying an additional 195 shares in the last quarter. Moran Wealth Management LLC raised its stake in shares of Q2 by 2.7% during the 4th quarter. Moran Wealth Management LLC now owns 8,115 shares of the technology company's stock worth $817,000 after buying an additional 215 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of Q2 by 35.0% during the 1st quarter. Advisors Asset Management Inc. now owns 849 shares of the technology company's stock worth $68,000 after buying an additional 220 shares during the last quarter.

Insider Buying and Selling at Q2

In related news, insider Kimberly Anne Rutledge sold 6,656 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $74.12, for a total transaction of $493,342.72. Following the sale, the insider now owns 113,278 shares of the company's stock, valued at approximately $8,396,165.36. The trade was a 5.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Michael S. Kerr sold 397 shares of the company's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $92.90, for a total transaction of $36,881.30. Following the transaction, the general counsel now owns 58,441 shares in the company, valued at $5,429,168.90. The trade was a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 137,456 shares of company stock valued at $10,444,431. 0.31% of the stock is owned by corporate insiders.

Q2 Company Profile

Q2 Holdings, Inc provides cloud-based digital solutions to regional and community financial institutions in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform supports its financial institution customers in their delivery of unified digital banking services across digital channels.