Coupa Software (COUP) Tops Q4 EPS by 14c, FY Guidance Misses Consensus
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March 15, 2022 6:43 AM EDT
Mizuho Securities analyst Siti Panigrahi lowered the price target on Coupa Software (NASDAQ: COUP) to $75.00 (from $130.00) while maintaining a Neutral rating.
The analyst commented, "Coupa posted strong F4Q results but, bucking the trend from other back-office players (PLAN, WDAY), issued F1Q and... More
March 15, 2022 6:30 AM EDT
BMO Capital analyst Daniel Jester lowered the price target on Coupa Software (NASDAQ: COUP) to $82.00 (from $135.00) while maintaining a Market Perform rating.
The analyst commented, "Near-term pressure is likely for the stock given decelerating growth and implied margin compression. FY23 revenue guidance that was ~4%... More
March 14, 2022 5:01 PM EDT
Coupa Software (NASDAQ: COUP) shares dropped more than 27% after-hours following the companys disappointing 2023 outlook, despite better-than-expected Q4 results.
Q4 EPS came in at $0.19, better than the consensus of $0.05, and revenue at $193.3 million (up 18% year-over-year) compared to the consensus of $185.68 million. Subscription revenues grew 28%... More
