NYSE:PLANAnaplan Stock Price, Forecast & News

Anaplan's stock was trading at $38.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PLAN stock has increased by 33.0% and is now trading at $51.18. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anaplan in the last year. There are currently 6 hold ratings and 13 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) issued its earnings results on Tuesday, May, 26th. The company reported ($0.10) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.14) by $0.04. The firm earned $103.80 million during the quarter, compared to the consensus estimate of $100.59 million. Anaplan had a negative return on equity of 48.56% and a negative net margin of 40.32%. The company's revenue was up 36.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.16) EPS. View Anaplan's earnings history.

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

19 Wall Street analysts have issued 12 month price objectives for Anaplan's shares. Their forecasts range from $42.00 to $65.00. On average, they anticipate Anaplan's stock price to reach $54.05 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price. View analysts' price targets for Anaplan.

Press coverage about PLAN stock has trended neutral this week, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Anaplan earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Anaplan.

Anaplan saw a drop in short interest in June. As of June 30th, there was short interest totaling 13,140,000 shares, a drop of 7.7% from the June 15th total of 14,240,000 shares. Based on an average daily trading volume, of 3,240,000 shares, the short-interest ratio is currently 4.1 days. Currently, 11.1% of the company's shares are sold short. View Anaplan's Current Options Chain.

Some companies that are related to Anaplan include Cadence Design Systems (CDNS), Okta (OKTA), ANSYS (ANSS), Atlassian (TEAM), Crowdstrike (CRWD), Coupa Software (COUP), Paycom Software (PAYC), Citrix Systems (CTXS), Check Point Software Technologies (CHKP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Tableau Software (DATA), SS&C Technologies (SSNC), Tyler Technologies (TYL), Mongodb (MDB) and Ceridian HCM (CDAY). 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 (IPO) 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 acted 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 variety of institutional and retail investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%). Company insiders that own Anaplan stock include David H Morton Jr, David Ying Xian Chung, Frank Calderoni, Gagan Dhingra, Ravi Mohan, Rob Ward, Robert E Beauchamp, Sandesh Kaveripatnam and Susan L Bostrom. View institutional ownership trends for Anaplan.

PLAN stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $51.18.

Anaplan has a market capitalization of $7.01 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.