NASDAQ:SREVServicesource International Stock Price, Forecast & News

Servicesource International's stock was trading at $1.13 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SREV shares have increased by 42.5% and is now trading at $1.61. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Servicesource International in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Servicesource International.

Servicesource International is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Servicesource International.

Servicesource International Inc (NASDAQ:SREV) announced its quarterly earnings data on Thursday, May, 7th. The technology company reported ($0.02) earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.02). The technology company earned $50.11 million during the quarter, compared to analysts' expectations of $47.25 million. Servicesource International had a negative net margin of 8.97% and a negative return on equity of 9.38%. View Servicesource International's earnings history.

1 Wall Street analysts have issued twelve-month price targets for Servicesource International's shares. Their forecasts range from $1.75 to $1.75. On average, they anticipate Servicesource International's stock price to reach $1.75 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View analysts' price targets for Servicesource International.

Press coverage about SREV stock has been trending somewhat negative on Saturday, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news 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. Servicesource International earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutServicesource International.

Servicesource International saw a increase in short interest in April. As of April 30th, there was short interest totaling 255,400 shares, an increase of 249.9% from the April 15th total of 73,000 shares. Based on an average trading volume of 241,200 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are short sold. View Servicesource International's Current Options Chain.

Some companies that are related to Servicesource International include Accenture (ACN), IBM (IBM), Cognizant Technology Solutions (CTSH), Leidos (LDOS), EPAM Systems (EPAM), Booz Allen Hamilton (BAH), Gartner (IT), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Virtusa (VRTU), Unisys (UIS), Forrester Research (FORR) and The Hackett Group (HCKT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Servicesource International investors own include Diplomat Pharmacy (DPLO), Transocean (RIG), Advanced Micro Devices (AMD), Ring Energy (REI), Ring Energy (REI), Verizon Communications (VZ), Tableau Software (DATA), Nuance Communications (NUAN), Pure Storage (PSTG) and Zynga (ZNGA).

Servicesource International trades on the NASDAQ under the ticker symbol "SREV."

Servicesource International's stock is owned by a variety of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (9.32%), BlackRock Inc. (1.51%), Horrell Capital Management Inc. (0.93%), King Luther Capital Management Corp (0.71%), Two Sigma Investments LP (0.27%) and Wells Fargo & Company MN (0.13%). Company insiders that own Servicesource International stock include Bruce Dunlevie, Edenbrook Capital, Llc, Gary B Moore, John R Ferron, Richard Walker and Robin L Smith. View institutional ownership trends for Servicesource International.

SREV stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Two Sigma Investments LP, Horrell Capital Management Inc., Spark Investment Management LLC, BlackRock Inc., and Squarepoint Ops LLC. View insider buying and selling activity for Servicesource International.

SREV stock was bought by a variety of institutional investors in the last quarter, including King Luther Capital Management Corp, and Wells Fargo & Company MN. Company insiders that have bought Servicesource International stock in the last two years include Bruce Dunlevie, Edenbrook Capital, Llc, Gary B Moore, John R Ferron, Richard Walker, and Robin L Smith. View insider buying and selling activity for Servicesource International.

Shares of SREV 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 SREV stock can currently be purchased for approximately $1.61.

Servicesource International has a market capitalization of $153.16 million and generates $216.13 million in revenue each year. The technology company earns $-18,680,000.00 in net income (profit) each year or ($0.09) on an earnings per share basis. Servicesource International employs 3,200 workers across the globe.

The official website for Servicesource International is www.servicesource.com.

Servicesource International's mailing address is 707 17TH STREET 25TH FLOOR, DENVER CO, 80202. The technology company can be reached via phone at 720-889-8500.