NYSE:PLANAnaplan Stock Price, Forecast & News

Anaplan's stock was trading at $38.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PLAN shares have increased by 19.3% and is now trading at $45.92. 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) released its quarterly earnings results on Tuesday, May, 26th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.04. The business earned $103.80 million during the quarter, compared to the consensus estimate of $100.59 million. Anaplan had a negative return on equity of 47.90% and a negative net margin of 40.32%. The business's quarterly revenue was up 36.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($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 analysts have issued 1 year price objectives 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 19.2% from the stock's current price. View analysts' price targets for Anaplan.

News articles about PLAN stock have trended somewhat negative recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. 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 -1.6 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutAnaplan.

Anaplan saw a increase in short interest in 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 trading volume of 3,410,000 shares, the short-interest ratio is currently 3.9 days. Approximately 11.3% of the company's shares 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), Citrix Systems (CTXS), Crowdstrike (CRWD), Paycom Software (PAYC), Check Point Software Technologies (CHKP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Coupa Software (COUP), Tyler Technologies (TYL), SS&C Technologies (SSNC), Tableau Software (DATA), NortonLifeLock (NLOK) and Mongodb (MDB). 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 $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 retail and institutional 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, Sandesh Kaveripatnam, and Susan L Bostrom. View insider buying and selling activity for Anaplan.

PLAN stock was bought 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 $45.92.

Anaplan has a market capitalization of $6.29 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.