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) posted its quarterly earnings results on Tuesday, May, 1st. The company reported ($0.02) EPS for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.03. The business 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 Wall Street analysts have issued 1-year price targets for SendGrid's stock. Their predictions range from $27.00 to $32.00. On average, they anticipate SendGrid's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 19.6% 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 presently 1.4 days. Approximately 5.3% of the company's stock are short sold. View SendGrid's Current Options Chain.

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

(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 served as the underwriters for the IPO and William Blair, KeyBanc Capital Markets, Piper Jaffray and Stifel were co-managers.

News articles about SEND stock have been trending somewhat negative recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. SendGrid earned a news impact score of -0.03 on Accern's scale. They also gave news headlines about the company an impact score of 41.57 out of 100, indicating 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 $25.92.

SendGrid has a market capitalization of $1.15 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]