Gold prices steady, holding sharp gains in wake of soft U.S. jobs data
Investing.com - DA Davidson maintained its Neutral rating and $90.00 price target on Q2 Holdings (NYSE:QTWO) following the company’s second-quarter financial results. The company, with a market capitalization of $4.9 billion, has demonstrated solid revenue growth of ~13% over the last twelve months.
Q2 Holdings reported second-quarter results with total revenue exceeding DA Davidson’s forecast by 1% and adjusted EBITDA surpassing expectations by 8%.
Following these results, Q2 Holdings management raised the midpoint of their revenue guidance range by nearly 1% and increased the midpoint of their adjusted EBITDA guidance range by 4%.
In response to the second-quarter update, DA Davidson raised its 2025 to 2027 adjusted EBITDA forecasts for Q2 Holdings by an average of 3% each year.
Despite these positive adjustments to future earnings projections, DA Davidson maintained its Neutral rating on Q2 Holdings with the price target unchanged at $90.
In other recent news, Q2 Holdings has been in the spotlight following its second-quarter 2025 earnings report. The company reported a significant miss on earnings per share (EPS), which came in at $0.18, falling short of the forecasted $0.52. Despite this, Q2 Holdings exceeded revenue expectations, reporting $195.1 million compared to the anticipated $193.68 million. Analysts have taken note of these developments, with Cantor Fitzgerald maintaining an Overweight rating and a $110.00 price target, citing a "solid beat and raise" on revenue and EBITDA metrics. Needham also responded positively by raising its price target to $115.00 from $110.00, while maintaining a Buy rating. The firm highlighted the company’s 16.4% year-over-year subscription revenue growth and significant EBITDA margin expansion. These recent developments have drawn considerable attention from investors and analysts alike.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.