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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
66,000% upside on tiny biotech? (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
66,000% upside on tiny biotech? (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
66,000% upside on tiny biotech? (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:MODN

Model N (MODN) Stock Price, News & Analysis

$24.75
-0.30 (-1.20%)
(As of 02/22/2024 ET)
Today's Range
$24.65
$25.62
50-Day Range
$24.39
$28.62
52-Week Range
$20.90
$35.96
Volume
437,327 shs
Average Volume
295,396 shs
Market Capitalization
$965.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.30

Model N MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
34.5% Upside
$33.30 Price Target
Short Interest
Bearish
6.58% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.00mentions of Model N in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$1.88 M Sold Last Quarter
Proj. Earnings Growth
36.84%
From $0.19 to $0.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.63 out of 5 stars

Computer And Technology Sector

186th out of 586 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

7th out of 52 stocks


MODN stock logo

About Model N Stock (NYSE:MODN)

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. 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, mid-sized, and small life sciences and high tech manufactures worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

MODN Stock Price History

MODN Stock News Headlines

MODN Mar 2024 25.000 call
We Could Be Less Than 3 Months Out from an AI Superevent
According to one of the world’s top AI scientists, there’s a major event coming as soon as three months from today that could cause expensive tech stocks like Microsoft, Google, and NVIDIA to double or triple in price in the months ahead… but whatever you do, don’t go all in on big tech before you have all the details.
Reason for the Decline of Model N (MODN) in 2023
MODN Feb 2024 30.000 put
Model N (NYSE:MODN) Stock Price Down 5.1% After Insider Selling
Dave Yarnold Sells 5,000 Shares of Model N, Inc. (NYSE:MODN) Stock
Tech Genius Reveals #1AI Stock For 2024
This AI company just signed a deal with NVIDIA that went unreported by the media. Find out how you can get in on what is being dubbed 'the #1 AI stock for 2024 to buy now'
Model N (NYSE:MODN) Trading Down 5.1% on Insider Selling
MODN Mar 2024 26.000 put
MODN Mar 2024 28.000 call
MODN Mar 2024 27.000 put
Director Dave Yarnold Sells 5,000 Shares of Model N Inc
Model N (MODN) Q1 Earnings Miss Despite Higher Revenues
A Closer Look at 7 Analyst Recommendations For Model N
Q1 2024 Model N Inc Earnings Call
Model N: A Hold Rating Amidst Transition and Cautious Growth Outlook
Model N: Q1 Earnings Insights
Model N (MODN) Misses Q1 Earnings Estimates
See More Headlines
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Company Calendar

Last Earnings
11/09/2021
Today
2/22/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Employees
1,089
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.30
High Stock Price Target
$40.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+34.5%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$-33,920,000.00
Pretax Margin
-11.24%

Debt

Sales & Book Value

Annual Sales
$249.46 million
Cash Flow
$0.48 per share
Book Value
$3.19 per share

Miscellaneous

Free Float
38,037,000
Market Cap
$965.99 million
Optionable
Optionable
Beta
0.74
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Key Executives

  • Mr. Jason BlessingMr. Jason Blessing (Age 52)
    CEO & Director
    Comp: $868.04k
  • Mr. John Ederer (Age 54)
    Chief Financial Officer
    Comp: $551.08k
  • Mr. Mark Anderson (Age 63)
    Chief Services Officer
    Comp: $531.7k
  • Mr. Timothy M. Adams (Age 64)
    CFO of Rapid7 & Director
    Comp: $35k
  • Mr. Chris Lyon (Age 53)
    Chief Revenue Officer
    Comp: $558.92k
  • Mr. Suresh Kannan (Age 53)
    Chief Product Officer
    Comp: $538.71k
  • Gwyn Lauber
    Director of Investor Relations
  • Mr. Errol Hunter
    Chief Legal Officer
  • Mr. Rehmann Rayani (Age 43)
    Chief Strategy & Marketing Officer
  • Ms. Laura SeligMs. Laura Selig (Age 52)
    Chief People Officer














MODN Stock Analysis - Frequently Asked Questions

Should I buy or sell Model N stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MODN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MODN, but not buy additional shares or sell existing shares.
View MODN analyst ratings
or view top-rated stocks.

What is Model N's stock price target for 2024?

8 Wall Street research analysts have issued 12-month target prices for Model N's stock. Their MODN share price targets range from $25.00 to $40.00. On average, they expect the company's share price to reach $33.30 in the next year. This suggests a possible upside of 34.5% 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 2024?

Model N's stock was trading at $26.93 at the beginning of the year. Since then, MODN shares have decreased by 8.1% and is now trading at $24.75.
View the best growth stocks for 2024 here
.

When is Model N's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MODN earnings forecast
.

How were Model N's earnings last quarter?

Model N, Inc. (NYSE:MODN) issued its quarterly earnings results on Tuesday, November, 9th. The software maker reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 12.48% and a positive trailing twelve-month return on equity of 5.79%. During the same quarter last year, the company earned ($0.01) EPS.

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 (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 updated its second quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of 0.240-0.270 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $63.5 million-$64.5 million, compared to the consensus revenue estimate of $65.1 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).

Who are Model N's major shareholders?

Model N's stock is owned by a variety of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (9.80%), Neuberger Berman Group LLC (8.75%), Artisan Partners Limited Partnership (8.12%), Clearbridge Investments LLC (6.97%), Vanguard Group Inc. (6.95%) and First Light Asset Management LLC (3.95%). Insiders that own company stock include Alan S Henricks, Christopher Lyon, Dave Michaud, Dave Yarnold, Jason Blessing, John Ederer, Kimberly Decarlis, Laura Selig, Manisha Shetty Gulati, Mark Albert Anderson, Rehmann Rayani, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MODN) was last updated on 2/23/2024 by MarketBeat.com Staff