NYSE:SEND - SendGrid Stock Price, Price Target & More

SendGrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEND."

SendGrid Inc (NYSE:SEND) issued its earnings results on Tuesday, May, 1st. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.05) by $0.03. The company earned $32.57 million during the quarter, compared to analysts' expectations of $32.05 million. View SendGrid's Earnings History.

SendGrid is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for SendGrid.

7 brokerages have issued twelve-month target prices for SendGrid's stock. Their forecasts range from $27.00 to $32.00. On average, they anticipate SendGrid's share price to reach $31.00 in the next year. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Ratings for SendGrid.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SendGrid in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

SendGrid saw a increase in short interest in the month of June. As of June 29th, there was short interest totalling 1,189,168 shares, an increase of 119.5% from the June 15th total of 541,802 shares. Based on an average daily volume of 839,666 shares, the days-to-cover ratio is currently 1.4 days. Currently, 5.3% of the shares of the company are short sold. View SendGrid's Current Options Chain.

Some companies that are related to SendGrid include Ceridian HCM (CDAY), Nuance Communications (NUAN), Coupa Software (COUP), BOX (BOX), Qualys (QLYS), Ellie Mae (ELLI), Paylocity (PCTY), Manhattan Associates (MANH), CommVault Systems (CVLT), Cornerstone OnDemand (CSOD), ACI Worldwide (ACIW), Mongodb (MDB), Zuora (ZUO), Avalara (AVLR) and Q2 (QTWO).

(SEND) raised $112 million in an IPO on Wednesday, November 15th 2017. The company issued 7,700,000 shares at $13.50-$15.50 per share. Morgan Stanley and J.P. Morgan acted as the underwriters for the IPO and William Blair, KeyBanc Capital Markets, Piper Jaffray and Stifel were co-managers.

News headlines about SEND stock have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SendGrid earned a daily sentiment score of 0.12 on Accern's scale. They also gave news articles about the company an impact score of 45.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Shares of SEND 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, Scottrade, Fidelity and Charles Schwab.

One share of SEND stock can currently be purchased for approximately $27.00.

SendGrid has a market capitalization of $1.19 billion and generates $111.89 million in revenue each year. The company earns $-6,250,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. SendGrid employs 415 workers across the globe.

SendGrid's mailing address is 1801 California Street Suite 500, Denver CO, 80202. The company can be reached via phone at 888-985-7363 or via email at [email protected]