Q2 HoldingsQTWO
Market Cap: $4.81B
About: Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings. A large majority of the firm's revenue is generated in the United States.
Employees: 2,315
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
382% more call options, than puts
Call options by funds: $5.55M | Put options by funds: $1.15M
82% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 28
33% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 79
17% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 7 (+1) [Q2]
13% more capital invested
Capital invested by funds: $3.32B [Q1] → $3.75B (+$426M) [Q2]
9% more funds holding
Funds holding: 248 [Q1] → 271 (+23) [Q2]
3.68% less ownership
Funds ownership: 106.98% [Q1] → 103.3% (-3.68%) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Compass Point Michael Del Grosso 100% 1-year accuracy 1 / 1 met price target | 14%upside $91 | Buy Initiated | 4 Sept 2024 |
BTIG Mark Palmer 77% 1-year accuracy 47 / 61 met price target | 3%upside $82 | Buy Maintained | 26 Aug 2024 |
Needham Mayank Tandon 73% 1-year accuracy 80 / 110 met price target | 13%upside $90 | Buy Maintained | 1 Aug 2024 |
BTIG Mark Palmer 77% 1-year accuracy 47 / 61 met price target | 6%downside $75 | Buy Maintained | 1 Aug 2024 |
Goldman Sachs Adam Hotchkiss 77% 1-year accuracy 10 / 13 met price target | 8%upside $86 | Buy Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 4 articles about QTWO published over the past 30 days