SendGrid, Inc. operates as a digital communication platform in the United States and internationally. Its cloud-based platform provides various tools to the businesses, including developers and marketers to reach their customers using an email. The company offers services, such as email application programming interface (API), which allow developers to use its API in their preferred development framework and to use its platform to add email functionality to their applications; marketing campaigns that allow marketers to upload and manage customer contact lists, create and test email templates, and execute and analyze email campaigns to engage customers; and expert services to help businesses optimize their email delivery. The company was founded in 2009 and is based in Denver, Colorado.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone888-985-7363
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$111.89 million
Profitability
Miscellaneous
Employees415
OptionableOptionable
SendGrid (NYSE:SEND) Frequently Asked Questions
What is SendGrid's stock symbol?
SendGrid trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEND."
When is SendGrid's next earnings date?
What price target have analysts set for SEND?
6 analysts have issued 1-year target prices for SendGrid's stock. Their forecasts range from $29.00 to $45.00. On average, they anticipate SendGrid's stock price to reach $36.6667 in the next twelve months. This suggests that the stock has a possible downside of 32.2%. View Analyst Price Targets for SendGrid.
What is the consensus analysts' recommendation for SendGrid?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SendGrid in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SendGrid.
What are Wall Street analysts saying about SendGrid stock?
Here are some recent quotes from research analysts about SendGrid stock:
- 1. According to Zacks Investment Research, "SendGrid, Inc. provides digital communication platform which enable businesses to engage with their customers via email reliably, effectively and at scale. SendGrid, Inc. is based in DENVER, United States. " (11/6/2018)
- 2. KeyCorp analysts commented, "We are increasing our estimates and raising our price target to $32 from $26 based on a compelling multiyear runway to gain share within a large, $11B+ TAM." (2/26/2018)
Has SendGrid been receiving favorable news coverage?
News articles about SEND stock have been trending neutral recently, according to InfoTrie. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. SendGrid earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines 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 next several days.
Who are some of SendGrid's key competitors?
Some companies that are related to SendGrid include Nutanix (NTNX), Temenos (TMNSF), Okta (OKTA), Docusign (DOCU), UBISOFT ENTMT S/ADR (UBSFY), Micro Focus International (MFGP), Tyler Technologies (TYL), Black Knight (BKI), Guidewire Software (GWRE), HubSpot (HUBS), Trend Micro (TMICY), Elastic (ESTC), Ceridian HCM (CDAY), New Relic (NEWR) and Momo (MOMO).
Who are SendGrid's key executives?
SendGrid's management team includes the folowing people:
- Mr. Sameer Dholakia, Chairman, CEO & Pres (Age 45)
- Mr. Yancey L. Spruill, CFO, COO & Treasurer (Age 51)
- Mr. Craig Kaes, Sr. VP of Engineering (Age 48)
- Mr. Isaac Saldana, Co-Founder
- Mr. Jose Lopez, Co-Founder
When did SendGrid IPO?
(SEND) raised $112 million in an initial public offering 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.
Who are SendGrid's major shareholders?
SendGrid's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.61%), Foxhaven Asset Management LP (4.49%), Victory Capital Management Inc. (3.28%), Lord Abbett & CO. LLC (2.40%), Alpine Associates Management Inc. (1.93%) and Northern Trust Corp (0.75%). Company insiders that own SendGrid stock include Carrie Palin, Craig Kaes, Group Select Fund LP Foundry, Michael Tognetti, Patricia J Money, Sameer Dholakia, Stephen M Sloan, Yanagawa Leandra Fishman and Yancey L Spruill. View Institutional Ownership Trends for SendGrid.
Which major investors are selling SendGrid stock?
SEND stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Vista Equity Partners Management LLC, Hamilton Lane Advisors LLC, Nuveen Asset Management LLC, Geode Capital Management LLC, Two Sigma Advisers LP, Advisor Group Inc. and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold SendGrid company stock in the last year include Carrie Palin, Craig Kaes, Group Select Fund LP Foundry, Michael Tognetti, Patricia J Money, Sameer Dholakia, Stephen M Sloan, Yanagawa Leandra Fishman and Yancey L Spruill. View Insider Buying and Selling for SendGrid.
Which major investors are buying SendGrid stock?
SEND stock was purchased by a variety of institutional investors in the last quarter, including Foxhaven Asset Management LP, Alpine Associates Management Inc., Totem Point Management LLC, Lord Abbett & CO. LLC, IndexIQ Advisors LLC, D. E. Shaw & Co. Inc., Cowbird Capital LP and Candriam Luxembourg S.C.A.. View Insider Buying and Selling for SendGrid.
How do I buy shares of SendGrid?
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.
What is SendGrid's stock price today?
One share of SEND stock can currently be purchased for approximately $54.08.
How big of a company is SendGrid?
SendGrid has a market capitalization of $2.58 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.
What is SendGrid's official website?
How can I contact SendGrid?
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]
MarketBeat Community Rating for SendGrid (NYSE SEND)
MarketBeat's community ratings are surveys of what our community members think about SendGrid and other stocks. Vote "Outperform" if you believe SEND will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SEND will underperform the S&P 500 over the long term. You may vote once every thirty days.
