Q2 (QTWO) Stock Forecast & Price Target

$68.99

+2.51 (+3.78%)

(As of 07/26/2024 ET)

Q2 - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Based on 15 Wall Street analysts who have issued ratings for Q2 in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 4 have given a hold rating, and 11 have given a buy rating for QTWO.

Consensus Price Target

$56.27
-18.44% Downside

High Forecast	$76.00
Average Forecast	$56.27
Low Forecast	$39.00

According to the 15 analysts' twelve-month price targets for Q2, the average price target is $56.27. The highest price target for QTWO is $76.00, while the lowest price target for QTWO is $39.00. The average price target represents a forecasted downside of -18.44% from the current price of $68.99.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	12 Buy rating(s)	12 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$56.27	$55.53	$48.20	$34.57
Forecasted Upside	-18.44% Downside	11.43% Upside	17.97% Upside	18.89% Upside

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QTWO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

QTWO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Q2 Stock vs. The Competition

Type	Q2	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.73	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-18.22% Downside	554.35% Upside	8.98% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/24/2024	DA Davidson 3 of 5 stars	P. Heckmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$65.00 ➝ $76.00	+8.51%
7/1/2024	Truist Financial 1 of 5 stars		Reiterated Rating	Buy ➝ Buy	$68.00 ➝ $68.00	+12.45%
5/3/2024	Piper Sandler 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$47.00 ➝ $61.00	+2.37%
5/2/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight	$40.00 ➝ $50.00	-13.79%
5/2/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$48.00 ➝ $60.00	+3.45%
5/2/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$52.00 ➝ $59.00	+3.09%
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5/2/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$46.00 ➝ $60.00	+5.01%
5/2/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$58.00 ➝ $65.00	+25.65%
5/2/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$60.00 ➝ $65.00	+25.65%
4/24/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$48.00 ➝ $60.00	+12.38%
2/23/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$40.00 ➝ $55.00	+19.62%
12/7/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$36.00 ➝ $46.00	+23.79%
8/29/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$31.00 ➝ $39.00	+17.01%
8/3/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$35.00 ➝ $40.00	+20.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:44 PM ET.

QTWO Forecast - Frequently Asked Questions

What is Q2's forecast for 2024?: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Q2 is $56.27, with a high forecast of $76.00 and a low forecast of $39.00.
Should I buy or sell Q2 stock right now?: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Q2 in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" QTWO shares.
Does Q2's stock price have much upside?: According to analysts, Q2's stock has a predicted upside of 11.07% based on their 12-month stock forecasts.
Has Q2 been downgraded by Wall Street analysts recently?: Over the previous 90 days, Q2's stock had 1 downgrade by analysts.
What analysts cover Q2?: Q2 has been rated by research analysts at BTIG Research, DA Davidson, Morgan Stanley, Needham & Company LLC, Piper Sandler, Robert W. Baird, Royal Bank of Canada, The Goldman Sachs Group, and Truist Financial in the past 90 days.
Do Wall Street analysts like Q2 more than its competitors?: Analysts like Q2 more than other "computer and technology" companies. The consensus rating score for Q2 is 2.73 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how QTWO compares to other companies.