NASDAQ:COUP - Coupa Software Stock Price, Forecast & News

Coupa Software's stock was trading at $120.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, COUP stock has increased by 23.6% and is now trading at $149.3450. View which stocks have been mosted impacted by Coronavirus.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coupa Software in the last year. There are currently 8 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Coupa Software.

Coupa Software is scheduled to release its next quarterly earnings announcement on Monday, June 1st 2020. View our earnings forecast for Coupa Software.

Coupa Software Inc (NASDAQ:COUP) released its quarterly earnings results on Monday, March, 16th. The technology company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.05 by $0.16. The technology company had revenue of $111.45 million for the quarter, compared to analyst estimates of $102.51 million. Coupa Software had a negative net margin of 23.31% and a negative return on equity of 10.01%. The firm's revenue was up 48.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS. View Coupa Software's earnings history.

Coupa Software issued an update on its FY21 earnings guidance on Monday, March, 16th. The company provided EPS guidance of $0.30-0.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.47. The company issued revenue guidance of $488-490 million, compared to the consensus revenue estimate of $488.39 million.

25 brokers have issued 12 month price objectives for Coupa Software's stock. Their forecasts range from $100.00 to $195.00. On average, they anticipate Coupa Software's stock price to reach $147.92 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View analysts' price targets for Coupa Software.

Headlines about COUP stock have trended very positive on Monday, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Coupa Software earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCoupa Software.

Coupa Software saw a increase in short interest in March. As of March 13th, there was short interest totaling 8,919,400 shares, an increase of 11.2% from the February 27th total of 8,020,000 shares. Based on an average daily volume of 1,947,100 shares, the days-to-cover ratio is presently 4.6 days. Approximately 16.1% of the shares of the stock are short sold. View Coupa Software's Current Options Chain.

Some companies that are related to Coupa Software include Dassault Systemes (DASTY), Autodesk (ADSK), Electronic Arts (EA), Square (SQ), Veeva Systems (VEEV), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Atlassian (TEAM), Citrix Systems (CTXS), Check Point Software Technologies (CHKP), Okta (OKTA), Docusign (DOCU) and Tableau Software (DATA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Coupa Software investors own include Alibaba Group (BABA), NVIDIA (NVDA), salesforce.com (CRM), Twilio (TWLO), Okta (OKTA), Splunk (SPLK), Square (SQ), Trade Desk (TTD), Adobe (ADBE) and Paypal (PYPL).

(COUP) raised $100 million in an initial public offering (IPO) on Thursday, October 6th 2016. The company issued 6,700,000 shares at $14.00-$16.00 per share. Morgan Stanley, J.P. Morgan, Barclays and RBC Capital Markets served as the underwriters for the IPO and JMP Securities and Raymond James were co-managers.

Coupa Software trades on the NASDAQ under the ticker symbol "COUP."

Coupa Software's stock is owned by many different retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (7.39%), Sylebra Capital Ltd (3.88%), State Street Corp (1.26%), Jackson Square Partners LLC (1.13%), Geode Capital Management LLC (1.10%) and Soma Equity Partners LP (1.10%). Company insiders that own Coupa Software stock include Anthony D Tiscornia, Henry Tayloe Stansbury, Mark Riggs, Ravi Thakur, Robert Bernshteyn, Roger S Siboni, Steven M Winter, Todd R Ford and Veenendaal Frank Van. View institutional ownership trends for Coupa Software.

COUP stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Victory Capital Management Inc., Victory Capital Management Inc., Bank of America Corp DE, Artisan Partners Limited Partnership, Cookson Peirce & Co. Inc., Lord Abbett & CO. LLC, and Partner Fund Management L.P.. Company insiders that have sold Coupa Software company stock in the last year include Anthony D Tiscornia, Henry Tayloe Stansbury, Mark Riggs, Robert Bernshteyn, Roger S Siboni, Steven M Winter, Todd R Ford, and Veenendaal Frank Van. View insider buying and selling activity for Coupa Software.

COUP stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Norges Bank, Public Employees Retirement Association of Colorado, AXA, Thrivent Financial for Lutherans, Franklin Resources Inc., Franklin Resources Inc., and Barton Investment Management. View insider buying and selling activity for Coupa Software.

Shares of COUP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of COUP stock can currently be purchased for approximately $149.35.

Coupa Software has a market capitalization of $9.68 billion and generates $389.72 million in revenue each year. The technology company earns $-90,830,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis. Coupa Software employs 1,693 workers across the globe. View additional information about Coupa Software.

The official website for Coupa Software is http://www.coupa.com/.

Coupa Software's mailing address is 1855 S. GRANT STREET, SAN MATEO CA, 94402. The technology company can be reached via phone at 650-931-3200 or via email at [email protected]