NYSE:PLANAnaplan Stock Price, Forecast & News

Anaplan's stock was trading at $38.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PLAN shares have increased by 18.0% and is now trading at $45.41. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anaplan in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Anaplan.

Anaplan is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Anaplan.

Anaplan Inc (NYSE:PLAN) posted its quarterly earnings results on Tuesday, May, 26th. The company reported ($0.10) earnings per share for the quarter, topping analysts' consensus estimates of ($0.14) by $0.04. The business had revenue of $103.80 million for the quarter, compared to analyst estimates of $100.59 million. Anaplan had a negative net margin of 40.32% and a negative return on equity of 47.90%. Anaplan's revenue was up 36.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.16) earnings per share. View Anaplan's earnings history.

Anaplan updated its second quarter 2021 Pre-Market earnings guidance on Tuesday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $103-104 million, compared to the consensus revenue estimate of $110.24 million.

18 equities research analysts have issued 1 year price targets for Anaplan's stock. Their forecasts range from $42.00 to $70.00. On average, they expect Anaplan's stock price to reach $54.72 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View analysts' price targets for Anaplan.

Headlines about PLAN stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Anaplan earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutAnaplan.

Anaplan saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 13,250,000 shares, an increase of 17.8% from the April 15th total of 11,250,000 shares. Based on an average daily trading volume, of 3,410,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 11.3% of the company's stock are short sold. View Anaplan's Current Options Chain.

Some companies that are related to Anaplan include ANSYS (ANSS), Okta (OKTA), Atlassian (TEAM), Datadog (DDOG), Crowdstrike (CRWD), Citrix Systems (CTXS), Paycom Software (PAYC), Check Point Software Technologies (CHKP), Coupa Software (COUP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Tyler Technologies (TYL), SS&C Technologies (SSNC), Tableau Software (DATA), Mongodb (MDB) and Symantec (SYMC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Anaplan investors own include NVIDIA (NVDA), Alibaba Group (BABA), Trade Desk (TTD), Mongodb (MDB), Shopify (SHOP), Square (SQ), salesforce.com (CRM), Paypal (PYPL), Roku (ROKU) and Splunk (SPLK).

(PLAN) raised $217 million in an initial public offering on Friday, October 12th 2018. The company issued 15,500,000 shares at a price of $13.00-$15.00 per share. Goldman Sachs, Morgan Stanley and Barclays served as the underwriters for the IPO and KeyBanc Capital Markets, Canaccord Genuity, Evercore ISI, JMP Securities, Needham, Piper Jaffray and SunTrust Robinson Humphrey were co-managers.

Anaplan trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLAN."

Anaplan's stock is owned by a number of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (3.99%), BlackRock Inc. (3.93%), Meritech Capital Associates IV L.L.C. (3.63%), Alliancebernstein L.P. (2.37%), Lone Pine Capital LLC (1.61%) and Brown Capital Management LLC (1.27%). Company insiders that own Anaplan stock include David H Morton Jr, David Ying Xian Chung, Frank Calderoni, Ravi Mohan, Rob Ward, Robert E Beauchamp, Sandesh Kaveripatnam and Susan L Bostrom. View institutional ownership trends for Anaplan.

PLAN stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Viking Global Investors LP, Lord Abbett & CO. LLC, Invesco Ltd., Meritech Capital Associates IV L.L.C., Athanor Capital LP, BNP Paribas Arbitrage SA, and Victory Capital Management Inc.. Company insiders that have sold Anaplan company stock in the last year include David H Morton Jr, David Ying Xian Chung, Frank Calderoni, Ravi Mohan, Rob Ward, and Sandesh Kaveripatnam. View insider buying and selling activity for Anaplan.

PLAN stock was purchased by a variety of institutional investors in the last quarter, including Lone Pine Capital LLC, Brown Capital Management LLC, JPMorgan Chase & Co., Korea Investment CORP, Wells Fargo & Company MN, Alliancebernstein L.P., Carmignac Gestion, and BlackRock Inc.. Company insiders that have bought Anaplan stock in the last two years include David Ying Xian Chung, Robert E Beauchamp, and Sandesh Kaveripatnam. View insider buying and selling activity for Anaplan.

Shares of PLAN 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 PLAN stock can currently be purchased for approximately $45.41.

Anaplan has a market capitalization of $6.22 billion and generates $348.02 million in revenue each year. The company earns $-149,220,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis. Anaplan employs 1,601 workers across the globe.

The official website for Anaplan is www.anaplan.com.

Anaplan's mailing address is 50 HAWTHORNE STREET, SAN FRANCISCO CA, 94105. The company can be reached via phone at 415-742-8199.