NASDAQ:COUPCoupa 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 (WHO). Since then, COUP stock has increased by 140.6% and is now trading at $290.79. View which stocks have been most impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coupa Software in the last year. There are currently 1 sell rating, 7 hold ratings and 16 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 Tuesday, September 1st 2020. View our earnings forecast for Coupa Software.

Coupa Software Inc (NASDAQ:COUP) announced its earnings results on Monday, June, 8th. The technology company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.13. The technology company had revenue of $119.21 million for the quarter, compared to analyst estimates of $111.84 million. Coupa Software had a negative net margin of 19.92% and a negative return on equity of 8.12%. The company's quarterly revenue was up 46.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.03 EPS. View Coupa Software's earnings history.

Coupa Software updated its FY21 earnings guidance on Monday, June, 8th. The company provided earnings per share guidance of $0.36-0.38 for the period, compared to the Thomson Reuters consensus estimate of $0.33. The company issued revenue guidance of $489-491 million, compared to the consensus revenue estimate of $489.23 million.

24 brokerages have issued twelve-month target prices for Coupa Software's stock. Their forecasts range from $100.00 to $322.00. On average, they expect Coupa Software's share price to reach $200.74 in the next year. This suggests that the stock has a possible downside of 31.0%. View analysts' price targets for Coupa Software.

Media coverage about COUP stock has been trending negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Coupa Software earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Coupa Software.

Some companies that are related to Coupa Software include VMware (VMW), Activision Blizzard (ATVI), Uber Technologies (UBER), Autodesk (ADSK), Square (SQ), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG) and Okta (OKTA). View all competitors.

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

(COUP) raised $100 million in an initial public offering (IPO) on Thursday, October 6th 2016. The company issued 6,700,000 shares at a price of $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."

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 $290.79.

Coupa Software has a market capitalization of $19.50 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.

The official website for Coupa Software is 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]