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NYSE:MODN

Model N (MODN) Stock Forecast, Price & News

$32.73
+0.38 (+1.17%)
(As of 06/6/2023 ET)
Compare
Today's Range
$31.97
$32.93
50-Day Range
$28.63
$34.50
52-Week Range
$22.15
$43.18
Volume
186,024 shs
Average Volume
347,538 shs
Market Capitalization
$1.25 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.38

Model N MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
32.5% Upside
$43.38 Price Target
Short Interest
Bearish
8.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
1.27mentions of Model N in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.21 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.13) to ($0.09) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Computer And Technology Sector

357th out of 606 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

31st out of 59 stocks


MODN stock logo

About Model N (NYSE:MODN) Stock

Model N, Inc. engages in developing and monetizing revenue management solutions. It offers cloud revenue optimization and compliance to pharmaceutical, medical technology, semiconductor, and high-tech companies. Its products provide business processes such as pricing, quoting, contracting, regulatory compliance, rebates and incentives. The company was founded by Yarden Malka, Zack Rinat, and Ali Tore on December 14, 1999 and is headquartered in San Mateo, CA.

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MODN Stock News Headlines

Model N (MODN) Declined in Q1 on Profit Taking
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Needham Keeps Their Buy Rating on Model N (MODN)
RBC Capital Keeps Their Hold Rating on Model N (MODN)
8-K: MODEL N, INC.
Model N (NYSE:MODN) Price Target Cut to $44.00
BTIG Reaffirms Their Buy Rating on Model N (MODN)
What 5 Analyst Ratings Have To Say About Model N
Q2 2023 Model N Inc Earnings Call
JMP Securities Sticks to Its Buy Rating for Model N (MODN)
See More Headlines

MODN Price History

MODN Company Calendar

Last Earnings
11/09/2021
Today
6/06/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Employees
982
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$43.38
High Stock Price Forecast
$52.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+32.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-28,640,000.00
Pretax Margin
-21.02%

Debt

Sales & Book Value

Annual Sales
$219.16 million
Cash Flow
$0.41 per share
Book Value
$3.63 per share

Miscellaneous

Free Float
37,231,000
Market Cap
$1.25 billion
Optionable
Optionable
Beta
0.68

Key Executives

  • Jason BlessingJason Blessing
    President, Chief Executive Officer & Director
  • John Ederer
    Chief Financial Officer
  • Laura SeligLaura Selig
    Chief People Officer & Senior Vice President
  • Mark Anderson
    Chief Services Officer
  • Chris Lyon
    Chief Revenue Officer













MODN Stock - Frequently Asked Questions

Should I buy or sell Model N stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MODN shares.
View MODN analyst ratings
or view top-rated stocks.

What is Model N's stock price forecast for 2023?

4 brokerages have issued 12-month price objectives for Model N's stock. Their MODN share price forecasts range from $35.00 to $52.00. On average, they expect the company's stock price to reach $43.38 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price.
View analysts price targets for MODN
or view top-rated stocks among Wall Street analysts.

How have MODN shares performed in 2023?

Model N's stock was trading at $40.56 at the beginning of 2023. Since then, MODN shares have decreased by 19.3% and is now trading at $32.73.
View the best growth stocks for 2023 here
.

Are investors shorting Model N?

Model N saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,940,000 shares, an increase of 18.1% from the April 15th total of 2,490,000 shares. Based on an average daily volume of 340,300 shares, the days-to-cover ratio is currently 8.6 days.
View Model N's Short Interest
.

When is Model N's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our MODN earnings forecast
.

How were Model N's earnings last quarter?

Model N, Inc. (NYSE:MODN) released its quarterly earnings data on Tuesday, November, 9th. The software maker reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.30. The software maker earned $51.48 million during the quarter, compared to analyst estimates of $50.63 million. Model N had a negative trailing twelve-month return on equity of 6.86% and a negative net margin of 21.90%. During the same quarter in the prior year, the business posted ($0.01) EPS.

What guidance has Model N issued on next quarter's earnings?

Model N updated its third quarter earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of $0.23-0.25 for the period, compared to the consensus estimate of $0.26. The company issued revenue guidance of $61.5-62.5 million, compared to the consensus revenue estimate of $61.65 million.

What is Jason Blessing's approval rating as Model N's CEO?

15 employees have rated Model N Chief Executive Officer Jason Blessing on Glassdoor.com. Jason Blessing has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Model N own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Model N investors own include NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Inseego (INSG), Alibaba Group (BABA), Marvell Technology (MRVL), AbbVie (ABBV), Baidu (BIDU) and Block (SQ).

What is Model N's stock symbol?

Model N trades on the New York Stock Exchange (NYSE) under the ticker symbol "MODN."

Who are Model N's major shareholders?

Model N's stock is owned by many different institutional and retail investors. Top institutional shareholders include Davidson Kempner Capital Management LP (0.00%), Conestoga Capital Advisors LLC (10.05%), BlackRock Inc. (9.58%), Neuberger Berman Group LLC (7.35%), Artisan Partners Limited Partnership (6.75%) and Clearbridge Investments LLC (6.66%). Insiders that own company stock include Alan S Henricks, Christopher Lyon, Dave Michaud, Dave Yarnold, David Barter, Jason Blessing, John Ederer, Kimberly Decarlis, Laura Selig, Manisha Shetty Gulati, Mark Albert Anderson, Melissa B Fisher, Suresh Kannan and Timothy M Adams.
View institutional ownership trends
.

How do I buy shares of Model N?

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

What is Model N's stock price today?

One share of MODN stock can currently be purchased for approximately $32.73.

How much money does Model N make?

Model N (NYSE:MODN) has a market capitalization of $1.25 billion and generates $219.16 million in revenue each year. The software maker earns $-28,640,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis.

How many employees does Model N have?

The company employs 982 workers across the globe.

How can I contact Model N?

Model N's mailing address is 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94404. The official website for the company is www.modeln.com. The software maker can be reached via phone at (650) 610-4600, via email at investorrelations@modeln.com, or via fax at 650-610-4699.

This page (NYSE:MODN) was last updated on 6/6/2023 by MarketBeat.com Staff

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