Coupa Software Stock News

Big misses with guidance lead to a clutch of analyst price-target cuts, and even a pair of downgrades.

Someone with a lot of money to spend has taken a bullish stance on Coupa Software (NASDAQ: COUP ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with COUP, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 43 uncommon options trades for Coupa Software. This isn''t normal. The overall sentiment of these big-money traders is split between 58% bullish and 41%, bearish. Out of all of the special options we uncovered, 41 are puts, for a total amount of $3,174,132, and 2 are calls, for a total amount of $91,280. What''s The Price Target? Taking into … Full story available on Benzinga.com

Coupa Software (COUP) shares plunged on Tuesday after the San Mateo, California-based software company issued guidance for the next fiscal year that badly missed estimates,…

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Big misses with guidance lead to a clutch of analyst price-target cuts, and even a pair of downgrades.

Bottom fishing can be a dangerous sport but can be rewarding if executed correctly. Once again, an issue in the growth technology sector offered up an opportunity to "buy the dip" Tuesday.  That issu

Bottom fishing can be a dangerous sport but can be rewarding if executed correctly. Once again, an issue in the growth technology sector offered up an opportunity to "buy the dip" Tuesday. That issue is the cloud-based business spending management platform Coupa Software Inc (NASDAQ: COUP ), which is the PreMarket Prep Stock of the Day. Coupa''s Fall From Grace: The issue made its all-time high in February 2021 at $377.05 and by the end of March it was over $100 lower at $254.48 — and the sell-off was just beginning. Coupa stock ended 2021 at $196.66 and has been lower every month this year. It has been hit the worst in March, so far falling from $121.01 to $72 or by 40%. Coupa Sellers Appear Ahead Of Earnings: Some investors were not anticipating good results … Full story available on Benzinga.com

Coupa Software Inc (NASDAQ: COUP) shares are tumbling on Tuesday after the business spend management software provider issued a below-consensus revenue forecast. The Coupa Analysts: Wells Fargo Secu

Coupa Software Inc (NASDAQ: COUP ) shares are tumbling on Tuesday after the business spend management software provider issued a below-consensus revenue forecast. The Coupa Analysts: Wells Fargo Securities analyst Michael Turrin maintained an Equal Weight rating on Coupa shares and reduced the price target from $190 to $80. RBC Capital Markets analyst Rishi Jaluria maintained a Sector Perform rating and slashed the price target from $155 to $65. Needham analyst Scott Berg maintained a Buy rating and lowered the price target from $210 to $90. KeyBanc Capital Markets analyst Josh Beck maintained an Overweight rating and took down the price target from $175 to $125. JMP Securities analyst Patrick Walravens maintained a Market Perform rating. The Coupa Theses: Wells Fargo Says Improvement Will Take Time: Coupa''s 2023 guidance for subscription revenue and total revenue growth, as well as adjusted operating margin came in below expectations, Wells Fargo analyst Turrin said. Commentary on investment toward reacceleration of growth in 2024 suggests a potential rebound has likely extended further into the future, the analyst said. "We continue to expect any improvement will take time and that COUP shares will remain volatile until more consistent signs of recovery …

Coupa Software Inc (NASDAQ: COUP ) shares are tumbling on Tuesday after the business spend management software provider issued a below-consensus revenue forecast. The Coupa Analysts: Wells Fargo Securities analyst Michael Turrin maintained an Equal Weight rating on Coupa shares and reduced the price target from $190 to $80. RBC Capital Markets analyst Rishi Jaluria maintained a Sector Perform rating and slashed the price target from $155 to $65. Needham analyst Scott Berg maintained a Buy rating and lowered the price target from $210 to $90. KeyBanc Capital Markets analyst Josh Beck maintained an Overweight rating and took down the price target from $175 to $125. JMP Securities analyst Patrick Walravens maintained a Market Perform rating. The Coupa Theses: Wells Fargo Says Improvement Will Take Time: Coupa''s 2023 guidance for subscription revenue and total revenue growth, as well as adjusted operating margin came in below expectations, Wells Fargo analyst Turrin said. Commentary on investment toward reacceleration of growth in 2024 suggests a potential rebound has likely extended further into the future, the analyst said. "We continue to expect any improvement will take time and that COUP shares will remain volatile until more consistent signs of recovery …

Analysts have provided the following ratings for Coupa Software (NASDAQ:COUP) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 5 9 0 0

Analysts have provided the following ratings for Coupa Software (NASDAQ: COUP ) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 5 9 0 0 Last 30D 2 2 5 0 0 1M Ago 0 2 2 0 0 2M Ago 0 1 1 0 0 3M Ago 0 0 1 0 0 According to 16 analyst offering 12-month price targets in the last 3 months, Coupa Software has an average price target of $114.25 with a high of $200.00 and a low of $65.00. Below is a summary of how these 16 analysts rated Coupa Software over … Full story available on Benzinga.com

For payments firms — the ones that have put up astronomical top-line growth through the past few years —  earnings season has offered variations on a theme. And the theme, at least as scored by i

Coupa Software shares plummeted Tuesday (March 15) following a January quarterly earnings report and weak management guidance for this fiscal year. According to Investors Business Daily, the San Mateo

Tuesday afternoon''s top analyst upgrades and downgrades included Coupa Software, GoodRx, Mosaic and Nektar Therapeutics.