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NYSE:MODN

Model N (MODN) Stock Forecast, Price & News

$23.79
-0.48 (-1.98%)
(As of 10/3/2023 ET)
Compare
Today's Range
$23.71
▼
$24.36
50-Day Range
$23.79
▼
$33.61
52-Week Range
$23.71
▼
$43.18
Volume
489,458 shs
Average Volume
370,095 shs
Market Capitalization
$914.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$39.30
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Model N MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
65.2% Upside
$39.30 Price Target
Short Interest
Bearish
7.91% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$592,341 Sold Last Quarter
Proj. Earnings Growth
-25.00%
From $0.08 to $0.06 Per Share

Overall MarketRank™

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

2.01 out of 5 stars

Computer And Technology Sector

428th out of 599 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

35th out of 57 stocks

See Top Rated MarketRank™ Stocks Here

MODN stock logo

About Model N (NYSE:MODN) Stock

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large and mid-sized organizations worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

MODN Price History

MODN Stock News Headlines

October 3, 2023 | americanbankingnews.com
Model N (NYSE:MODN) Stock Passes Below 200-Day Moving Average of $31.04
September 24, 2023 | americanbankingnews.com
Model N, Inc. (NYSE:MODN) Receives Average Recommendation of "Moderate Buy" from Analysts
October 4, 2023 | Wall Street Fundamentals (Ad)
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September 18, 2023 | finance.yahoo.com
Down -7.27% in 4 Weeks, Here's Why Model N (MODN) Looks Ripe for a Turnaround
September 7, 2023 | finance.yahoo.com
Model N (MODN) Down 1% Since Last Earnings Report: Can It Rebound?
September 7, 2023 | finance.yahoo.com
GitLab (GTLB) Posts Loss in Q2, Beats Revenue Estimates
September 6, 2023 | msn.com
JMP Securities Reiterates Model N (MODN) Market Outperform Recommendation
September 5, 2023 | markets.businessinsider.com
Where Model N Stands With Analysts
October 4, 2023 | Edge On The Street (Ad)
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September 1, 2023 | finance.yahoo.com
After Plunging -16.67% in 4 Weeks, Here's Why the Trend Might Reverse for Model N (MODN)
August 29, 2023 | finance.yahoo.com
Down -17.83% in 4 Weeks, Here's Why Model N (MODN) Looks Ripe for a Turnaround
August 25, 2023 | finance.yahoo.com
Model N (MODN) Loses -18.52% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
August 22, 2023 | seekingalpha.com
Model N: Where Do We Go From Here? (Ratings Downgrade)
August 18, 2023 | finance.yahoo.com
Model N (MODN) Upgraded to Strong Buy: Here's Why
August 11, 2023 | finance.yahoo.com
Down -19.41% in 4 Weeks, Here's Why Model N (MODN) Looks Ripe for a Turnaround
August 9, 2023 | msn.com
Morgan Stanley Maintains Model N (MODN) Overweight Recommendation
August 9, 2023 | msn.com
Model N sinks as Baird says 'several moving pieces' in weak 2024 outlook
August 9, 2023 | msn.com
Needham Maintains Model N (MODN) Buy Recommendation
August 9, 2023 | markets.businessinsider.com
9 Analysts Have This to Say About Model N
August 9, 2023 | finance.yahoo.com
Model N (MODN) Q3 Earnings Beat Estimates on Higher Revenues
August 9, 2023 | markets.businessinsider.com
JMP Securities Sticks to Their Buy Rating for Model N (MODN)
August 8, 2023 | finance.yahoo.com
Model N (MODN) Beats Q3 Earnings and Revenue Estimates
August 8, 2023 | finance.yahoo.com
Model N (MODN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
August 8, 2023 | seekingalpha.com
Model N, Inc. 2023 Q3 - Results - Earnings Call Presentation
August 8, 2023 | finance.yahoo.com
Model N Announces Third Quarter Fiscal Year 2023 Financial Results
August 8, 2023 | finance.yahoo.com
Model N Board of Directors Named a Finalist in NACD DE&I Awards
August 7, 2023 | finance.yahoo.com
Model N Earns Recognition for Company Culture, Named by Fortune as a Best Place to Work for Millennial Employees
See More Headlines
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MODN Company Calendar

Last Earnings
8/08/2023
Today
10/04/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
9/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NYSE:MODN
CUSIP
N/A
CIK
1118417
Web
www.modeln.com
Phone
(650) 610-4600
Fax
650-610-4699
Employees
1,035
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$39.30
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$33.00
Forecasted Upside/Downside
+65.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.14)
Trailing P/E Ratio
N/A
Forward P/E Ratio
297.38
P/E Growth
N/A
Net Income
$-28,640,000.00
Net Margins
-17.51%
Pretax Margin
-16.60%
Return on Equity
-1.58%
Return on Assets
-0.40%

Debt

Debt-to-Equity Ratio
2.70
Current Ratio
4.13
Quick Ratio
4.13

Sales & Book Value

Annual Sales
$219.16 million
Price / Sales
4.17
Cash Flow
$0.39 per share
Price / Cash Flow
60.42
Book Value
$3.63 per share
Price / Book
6.55

Miscellaneous

Outstanding Shares
38,440,000
Free Float
37,554,000
Market Cap
$914.49 million
Optionable
Optionable
Beta
0.76
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Key Executives

  • Mr. Jason BlessingMr. Jason Blessing (Age 51)
    Pres, CEO & Director
    Comp: $1.28M
  • Mr. John Ederer (Age 53)
    Chief Financial Officer
    Comp: $712.89k
  • Mr. Mark Anderson (Age 62)
    Chief Services Officer
    Comp: $638.55k
  • Mr. Chris Lyon (Age 52)
    Sr. VP & Chief Revenue Officer
    Comp: $919.62k
  • Mr. Suresh Kannan (Age 52)
    Sr. VP & Chief Product Officer
    Comp: $711.05k
  • Gwyn Lauber
    Director of Investor Relations
  • Mr. Errol Hunter
    Sr. VP & Gen. Counsel
  • Mr. Rehmann Rayani (Age 42)
    Chief Strategy & Marketing Officer
  • Ms. Laura SeligMs. Laura Selig (Age 51)
    Sr. VP & Chief People Officer
  • Jesse Mendelsohn
    Sr. VP of Center of Excellence

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













MODN Stock - Frequently Asked Questions

Should I buy or sell Model N stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MODN shares.
View MODN analyst ratings or view top-rated stocks.

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

6 Wall Street analysts have issued 12 month price objectives for Model N's shares. Their MODN share price forecasts range from $33.00 to $48.00. On average, they predict the company's share price to reach $39.30 in the next year. This suggests a possible upside of 65.2% 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 on January 1st, 2023. Since then, MODN stock has decreased by 41.3% and is now trading at $23.79.
View the best growth stocks for 2023 here.

When is Model N's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our MODN earnings forecast.

How were Model N's earnings last quarter?

Model N, Inc. (NYSE:MODN) posted its quarterly earnings data on Tuesday, August, 8th. The software maker reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.16. The software maker had revenue of $63.74 million for the quarter, compared to the consensus estimate of $61.97 million. Model N had a negative net margin of 17.51% and a negative trailing twelve-month return on equity of 1.58%.

What ETFs hold Model N's stock?

ETFs with the largest weight of Model N (NYSE:MODN) stock in their portfolio include Direxion Daily Cloud Computing Bull 2X Shares (CLDL).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).

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

Model N issued an update on its fourth quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $0.28-$0.31 for the period, compared to the consensus earnings per share estimate of $0.27. The company issued revenue guidance of $61.60 million-$62.60 million, compared to the consensus revenue estimate of $61.57 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."

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 $23.79.

How much money does Model N make?

Model N (NYSE:MODN) has a market capitalization of $914.49 million and generates $219.16 million in revenue each year. The software maker earns $-28,640,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis.

How many employees does Model N have?

The company employs 1,035 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 10/4/2023 by MarketBeat.com Staff

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