William Blair analyst Christopher Kennedy has maintained their bullish stance on QTWO stock, giving a Buy rating yesterday.
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Christopher Kennedy has given his Buy rating due to a combination of factors related to Q2 Holdings’ fundamentals and valuation. He argues that the company’s core business remains healthy, with strong execution and improving profitability metrics, even though the stock has sold off sharply amid broader weakness in bank technology and software names, creating an attractive entry point for long‑term investors.
Kennedy also highlights robust demand indicators, pointing to near-record bookings, double-digit growth in subscription ARR, and a growing backlog that underscores durable revenue visibility. In his view, Q2’s expanding product portfolio, sizable addressable market, and strategic positioning as an established banktech provider in the emerging AI landscape support sustained growth and margin expansion, justifying a Buy recommendation.
In another report released yesterday, D.A. Davidson also maintained a Buy rating on the stock with a $82.00 price target.