QTWO

Q2A

NYSE / Software & Services

At close

2026-07-20

Current thesis

Q1 showed broad demand, record first-quarter bookings, 14% subscription ARR growth, 19% year-over-year backlog growth, and improving margins. The supplied median analyst target of $72.18 implies substantial upside, though target coverage is unavailable.

Posture

Constructive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta -0.6.

What can break

AI product adoption and monetization remain unproven in the supplied evidence.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $60.00 · Bull $72.18 · Bear $44.00

Data freshness

Prices

As of 2026-07-20

Fundamentals

As of 2026-07-20 • Vendor: Data Vendor v1

Scores

As of 2026-07-20 • Model: HYBRID_IC_RP

AI Memo

As of 2026-07-19 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-20

Supporting evidence

What

Grade A · Constructive

Confidence Medium · Net Neutral

Target $72.18

Why

Momentum81 · Δ7d +17.6

Value55 · Δ7d -0.6

Sentiment51 · Δ7d -

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+17.6

Δ21d

+55.5

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.6

Δ21d

-1.0

Sentiment

34% active weight

Current posture

7d trendFlat

Δ7d

Δ21d

Why this grade

Composite grade A. Momentum 80.5 / Value 55.2 / Sentiment 50.6

Fundamentals (TTM)

As of 2026-07-20

Market Cap

$3.48B

Beta

1.36

Shares Out

62.6M

P/E (TTM)

153.2

P/S (TTM)

5.73

P/FCF (TTM)

28.72

Rev YoY

+14.1%

EPS YoY

+450.6%

Gross Margin

+55.6%

Op Margin

+2.8%

Net Debt

-$88.25M

Current Ratio

0.86

As of 2026-07-20 • Updated nightlySource: Internal modelMethodology