Mizuho Securities Keeps Their Hold Rating on Coupa Software (COUP)

Mizuho Securities analyst Siti Panigrahi maintained a Hold rating on Coupa Software (COUPResearch Report) on July 10 and set a price target of $75.00. The company’s shares closed last Friday at $66.93, close to its 52-week low of $50.54.

According to TipRanks.com, Panigrahi is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.7% and a 42.4% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Ceridian HCM Holding.

Currently, the analyst consensus on Coupa Software is a Hold with an average price target of $83.44, which is a 19.7% upside from current levels. In a report issued on July 18, Piper Sandler also maintained a Hold rating on the stock with a $65.00 price target.

See today’s best-performing stocks on TipRanks >>

Based on Coupa Software’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $196 million and GAAP net loss of $81.47 million. In comparison, last year the company earned revenue of $167 million and had a GAAP net loss of $100 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 2006 and based in California, Coupa Software, Inc. provides a cloud-based business spending management platform. The company’s platform consists of procurement, invoicing, expense management, and payment modules.

Read More on COUP:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More