Q2 Holdings to dual list on NYSE Texas effective August 15

Published 14/08/2025, 15:08
Q2 Holdings to dual list on NYSE Texas effective August 15

AUSTIN - Q2 Holdings, Inc. (NYSE:QTWO), a digital transformation solutions provider for financial services with a market capitalization of $4.69 billion, announced it will dual list its common stock on NYSE Texas, a new fully electronic equities exchange based in Dallas. The listing will take effect on August 15, 2025, according to a company press release. According to InvestingPro data, the company’s stock has seen a 7.2% return over the past year, despite recent market volatility.

The Austin-based company will maintain its primary listing on the New York Stock Exchange while trading under the same QTWO ticker symbol on both exchanges.

"Texas has always been home for Q2," said Q2 Chairman and CEO Matt Flake. "Our dual listing on NYSE Texas is a natural extension of our commitment to this community, where so many of our team members, customers, and partners live and work."

Chris Taylor, Chief Development Officer at NYSE Group, noted that Q2’s mission "is deeply rooted in the spirit of Texas innovation" and welcomed the company to the NYSE Texas community of Founding Members.

Founded in 2004, Q2 provides technology solutions for banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. The company enables its customers to deliver digital engagement solutions for consumers, small businesses, and corporate clients. With revenue growth of ~13% and a healthy gross profit margin of 53%, Q2 has shown strong operational performance. InvestingPro analysis reveals 8 analysts have revised their earnings upwards for the upcoming period, suggesting positive momentum ahead.

Q2 maintains its global headquarters in Texas, where it continues to support financial institutions across the region and beyond.

NYSE Texas is a newly launched exchange based in Dallas. Q2’s participation as a Founding Member comes as the company continues its focus on its home state, where it also operates corporate social responsibility initiatives through its Q2 Spark program.

In other recent news, Q2 Holdings released its second-quarter 2025 earnings, revealing a significant shortfall in earnings per share (EPS) but a slight beat on revenue expectations. The company’s EPS was reported at $0.18, significantly below the forecasted $0.52, resulting in a surprise of -65.38%. However, revenue came in at $195.1 million, slightly surpassing the expected $193.68 million. Despite the EPS miss, Needham raised its price target for Q2 Holdings to $115, maintaining a Buy rating due to strong results, including 16.4% year-over-year subscription revenue growth and significant EBITDA margin expansion. Cantor Fitzgerald also maintained an Overweight rating, highlighting a "solid beat and raise" on both revenue and EBITDA metrics. DA Davidson kept a Neutral rating with a $90 price target, noting that Q2 Holdings’ total revenue exceeded its forecast by 1% and adjusted EBITDA surpassed expectations by 8%. These developments reflect a mixed performance for Q2 Holdings, with varied analyst opinions on the company’s future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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