Q2 (NYSE:QTWO) Price Target Cut to $70.00 by Analysts at Needham & Company LLC

Q2 (NYSE:QTWO) had its price target cut by Needham & Company LLC from $90.00 to $70.00 in a research note issued to investors on Thursday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

QTWO has been the topic of several other reports. UBS Group set a $82.00 price objective on shares of Q2 in a report on Tuesday, February 3rd. Wall Street Zen raised Q2 from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Cantor Fitzgerald dropped their price target on Q2 from $110.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Royal Bank Of Canada cut their price objective on Q2 from $102.00 to $86.00 and set a “sector perform” rating for the company in a research report on Thursday, November 6th. Finally, Stephens set a $90.00 target price on Q2 in a report on Friday, January 16th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Q2 has a consensus rating of “Moderate Buy” and an average price target of $81.79.

Q2 Stock Performance

QTWO opened at $52.38 on Thursday. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 66.31 and a beta of 1.36. The firm’s 50-day simple moving average is $68.09 and its 200-day simple moving average is $71.04. Q2 has a twelve month low of $51.34 and a twelve month high of $102.07.

Insider Buying and Selling at Q2

In other news, COO Himagiri K. Mukkamala sold 3,024 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $73.68, for a total value of $222,808.32. Following the transaction, the chief operating officer owned 96,046 shares of the company’s stock, valued at $7,076,669.28. This represents a 3.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CRO Michael A. Volanoski sold 5,123 shares of Q2 stock in a transaction on Friday, December 12th. The stock was sold at an average price of $75.46, for a total value of $386,581.58. Following the sale, the executive directly owned 166,512 shares of the company’s stock, valued at approximately $12,564,995.52. This trade represents a 2.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 20,883 shares of company stock worth $1,547,778. Insiders own 0.31% of the company’s stock.

Institutional Trading of Q2

A number of hedge funds have recently modified their holdings of QTWO. Capital Research Global Investors grew its holdings in Q2 by 86.2% during the fourth quarter. Capital Research Global Investors now owns 3,141,044 shares of the technology company’s stock valued at $226,658,000 after purchasing an additional 1,454,076 shares during the period. Vanguard Group Inc. boosted its position in shares of Q2 by 13.5% during the third quarter. Vanguard Group Inc. now owns 7,912,306 shares of the technology company’s stock worth $572,772,000 after purchasing an additional 941,672 shares in the last quarter. North Reef Capital Management LP grew its holdings in shares of Q2 by 101.1% in the 3rd quarter. North Reef Capital Management LP now owns 1,690,000 shares of the technology company’s stock valued at $122,339,000 after buying an additional 849,480 shares during the period. UBS Group AG grew its holdings in shares of Q2 by 343.5% in the 3rd quarter. UBS Group AG now owns 1,009,946 shares of the technology company’s stock valued at $73,110,000 after buying an additional 782,220 shares during the period. Finally, Norges Bank bought a new stake in shares of Q2 in the 2nd quarter valued at $60,466,000.

Q2 News Roundup

Here are the key news stories impacting Q2 this week:

• Positive Sentiment: Revenue and subscription growth: Q2 reported Q4 revenue of $208.2M (up 14% y/y), a revenue beat versus consensus, and management highlighted continued subscription growth—data that supports ongoing SaaS momentum. Q4 & Full-Year 2025 Results
• Positive Sentiment: Guidance roughly in line / slightly ahead: Q2 gave FY‑2026 revenue guidance of $871.0M–$878.0M (close to consensus ~$873M) and Q1 revenue guidance of $212.5M–$216.5M (above the ~$209.7M consensus), which signals top-line growth visibility. Guidance in Press Release
• Positive Sentiment: Strategic tailwinds — cloud migration and AI: Company commentary and analyst writeups point to cloud conversions, cross‑sell opportunities and AI initiatives (which could improve long‑term TAM and margins). Yahoo Finance Deep Dive
• Neutral Sentiment: Industry research release: Q2 published its 2026 State of Commercial Banking report—useful for positioning product roadmap and sales but more of a longer‑term strategic signal than an immediate stock driver. State of Commercial Banking Report
• Negative Sentiment: GAAP EPS came in below expectations: Reported GAAP EPS metrics were weaker than Street estimates, creating short‑term pain despite the revenue beat and prompting selling pressure. MarketBeat Earnings Summary
• Negative Sentiment: Analyst price-target cuts: Several firms reduced PTs (examples: RBC to $67, Truist to $75, Needham to $70, Cantor Fitzgerald to $80). Those revisions have increased downside pressure despite some analysts maintaining buy/overweight ratings. Cantor Fitzgerald PT Lower Benzinga: Analyst Notes

About Q2

Q2 Holdings, Inc develops and delivers cloud-based digital banking solutions that enable banks and credit unions to enhance customer and member experiences. The company’s core offerings include the Q2 Platform, a comprehensive suite of online and mobile banking applications for retail and commercial customers, as well as digital onboarding, payments, and fraud prevention tools. Q2’s platform also provides analytics and reporting capabilities designed to help financial institutions tailor products, optimize workflows, and drive engagement.

Founded in 2004 and headquartered in Austin, Texas, Q2 serves hundreds of financial institutions across the United States and Canada.