Coupa Software Reports Financial Results For the First Quarter of Fiscal 2020

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Coupa Software (COUP) PT Raised to $120 at Needham & Company

June 4, 2019 8:33 AM EDT

Needham & Company analyst Ryan MacDonald raised the price target on Coupa Software (NASDAQ: COUP) to $120.00 (from $108.00) while maintaining a Buy rating following the company's stronger than expected beat and raise. 1Q revenue and EPS of $81.3mm/$0.03 came in ahead of $73.8mm/($0.04) estimates.

Following... More

Coupa Software (COUP) PT Raised to $101 at Barclays

June 4, 2019 7:05 AM EDT

Barclays analyst Raimo Lenschow raised the price target on Coupa Software (NASDAQ: COUP) to $101.00 (from $95.00) while maintaining a Equalweight rating following the company's 1Q report. Lenschow believes that Coupa should go higher in the next few days after strong Q1 results. However,... More

Coupa Software (COUP) PT Raised to $125 at BofA/Merrill Lynch

June 4, 2019 6:55 AM EDT

BofA/Merrill Lynch analyst Brad Sills raised the price target on Coupa Software (NASDAQ: COUP) to $125.00 (from $120.00) while maintaining a Buy rating following the company's 1Q earnings report. Total revenue of $81.3 million easily exceeded estimates of $73.4 million, with subscription revenue of $73 million compared to... More

Coupa Software (COUP) Tops Q1 EPS by 7c, Revenues Beat; Offers Q2 EPS/Revenue Guidance Above Consensus, FY20 Revenue Guidance Above Consensus

June 3, 2019 4:10 PM EDT

Coupa Software (NASDAQ: COUP) reported Q1 EPS of $0.03, $0.07 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $81.3 million versus the consensus estimate of $73.8 million.

"In the first quarter, we delivered strong financial results, including record quarterly total revenues, subscription revenues, and... More