Cantor Fitzgerald Has Positive Outlook of Q2 FY2025 Earnings

Key Points

• Cantor Fitzgerald has raised its FY2025 earnings per share forecast for Q2 Holdings from $0.74 to $0.80, maintaining an "Overweight" rating with a target price of $110.00 on the stock.
• The consensus earnings estimate for Q2's full year is $0.67 per share, with forecasts for FY2026 earnings set at $0.83 EPS.
• Recent market activity shows significant increases in ratings and price targets from various analysts towards Q2 Holdings, indicating a mixed yet predominantly positive outlook.

Q2 Holdings, Inc. (NYSE:QTWO - Free Report) - Stock analysts at Cantor Fitzgerald upped their FY2025 earnings per share estimates for Q2 in a report issued on Thursday, July 31st. Cantor Fitzgerald analyst M. Vanvliet now expects that the technology company will earn $0.80 per share for the year, up from their previous estimate of $0.74. Cantor Fitzgerald has a "Overweight" rating and a $110.00 price objective on the stock. The consensus estimate for Q2's current full-year earnings is $0.67 per share. Cantor Fitzgerald also issued estimates for Q2's FY2026 earnings at $0.83 EPS.

A number of other research analysts also recently issued reports on the company. Wall Street Zen downgraded Q2 from a "strong-buy" rating to a "buy" rating in a report on Sunday, June 8th. JPMorgan Chase & Co. initiated coverage on Q2 in a research report on Wednesday, June 18th. They issued an "overweight" rating and a $115.00 price target on the stock. Needham & Company LLC upped their price objective on Q2 from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Robert W. Baird increased their price target on Q2 from $84.00 to $90.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Finally, Compass Point reissued a "neutral" rating and set a $60.00 price target on shares of Q2 in a report on Monday, April 7th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Q2 currently has an average rating of "Moderate Buy" and a consensus price target of $101.06.

Q2 Trading Down 2.1%

Shares of NYSE:QTWO traded down $1.65 on Friday, reaching $77.10. 700,900 shares of the company traded hands, compared to its average volume of 681,318. The business's 50-day simple moving average is $89.97 and its 200 day simple moving average is $86.08. Q2 has a 52 week low of $63.61 and a 52 week high of $112.82. The stock has a market capitalization of $4.81 billion, a P/E ratio of 1,542.29 and a beta of 1.47.

Insider Activity at Q2

In related news, Director James Offerdahl sold 1,000 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $87.77, for a total value of $87,770.00. Following the transaction, the director directly owned 16,241 shares of the company's stock, valued at $1,425,472.57. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Michael S. Kerr sold 397 shares of the firm's stock in a transaction on 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 directly owned 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. Insiders have sold 3,991 shares of company stock valued at $357,153 in the last ninety days. Insiders own 3.00% of the company's stock.

Institutional Investors Weigh In On Q2

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Versant Capital Management Inc acquired a new position in shares of Q2 during the first quarter worth $33,000. WPG Advisers LLC bought a new position in shares of Q2 during the 1st quarter valued at about $35,000. NewEdge Advisors LLC lifted its stake in Q2 by 269.6% during the fourth quarter. NewEdge Advisors LLC now owns 377 shares of the technology company's stock valued at $38,000 after buying an additional 275 shares in the last quarter. Larson Financial Group LLC lifted its stake in Q2 by 2,630.0% during the first quarter. Larson Financial Group LLC now owns 546 shares of the technology company's stock valued at $44,000 after buying an additional 526 shares in the last quarter. Finally, TCTC Holdings LLC lifted its stake in Q2 by 103.1% during the first quarter. TCTC Holdings LLC now owns 597 shares of the technology company's stock valued at $48,000 after buying an additional 303 shares in the last quarter.

About Q2

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.