JPMorgan analyst Ella Smith lowered the firm’s price target on Q2 Holdings (QTWO) to $110 from $115 and keeps an Overweight rating on the shares. The operating environment for the digital banking names appears to be improving, the analyst tells investors in a research note. JPMorgan likes Q2’s competitive setup and artificial intelligence “defensiveness” but reduced its 2026 subscription revenue growth estimate from 14.1% to 13.4% to be more in-line with the company’s reaffirmed guidance.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QTWO:
- S&P Dow Jones Indices announces quarterly rebalance
- Q2 Holdings price target raised to $95 from $90 at Baird
- Q2 Holdings: Strong Financial Performance and Promising Growth Prospects Drive Buy Rating
- Q2 Holdings Reports Strong Q2 2025 Financial Performance
- Q2 Holdings reports Q2 EPS 18c vs (22c) last year