Q2 Holdings, Inc.

NYSE:QTWO 株式レポート

時価総額：US$3.7b

Q2 Holdings 過去の業績

過去 基準チェック /56

Q2 Holdingsは、平均年間52%の収益成長を遂げていますが、 Software業界の収益は、年間 成長しています。収益は、平均年間31.8% 11.6%収益成長率で 成長しています。 Q2 Holdingsの自己資本利益率は14.3%であり、純利益率は10.9%です。

主要情報

51.96%

収益成長率

52.28%

EPS成長率

Software 業界の成長17.33%
収益成長率11.61%
株主資本利益率14.30%
ネット・マージン10.87%
前回の決算情報30 Jun 2026

最近の業績更新

分析記事 • Feb 18

We Think Q2 Holdings' (NYSE:QTWO) Profit Is Only A Baseline For What They Can Achieve

Q2 Holdings, Inc.'s ( NYSE:QTWO ) earnings announcement last week was disappointing for investors, despite the decent...

Recent updates

Seeking Alpha • Aug 02

Q2 Holdings: As Growth Decelerates, Much Better Bargains Exist In Software

Summary Q2 Holdings has weathered the sector downturn better than peers, but its valuation is no longer attractive. I reiterate a sell rating on QTWO, citing recent outperformance and a lack of compelling upside versus better-valued software stocks. QTWO's recurring revenue from large banking clients offers stability, but risks include lengthening sales cycles amid macro headwinds. Adjusted EBITDA margins are inflated by stock-based compensation, raising concerns about dilution and limiting further rally potential. Read the full article on Seeking Alpha
分析記事 • Jun 21

Q2 Holdings (QTWO) Stock Could Be 42.3% Undervalued After Institutional Buying Interest

Q2 Holdings (QTWO) is back in focus after the company featured at the Strategic Growth Conference 2026 in Cleveland, where its financial progress and institutional ownership profile drew increased attention from professional investors. See our latest analysis for Q2 Holdings. Despite renewed attention around the conference and rising institutional interest, Q2 Holdings’ short term momentum has been weak, with the share price down 7.09% over 30 days and its 1 year total shareholder return down...
ナラティブ更新 • Jun 16

QTWO: Best Of Breed AI Adoption Will Support Digital Banking Upside

Analysts have made a modest adjustment to their outlook on Q2 Holdings, trimming the average price target by about $0.06 to reflect slightly higher discount rate assumptions and a small shift in expected profitability, while still pointing to the company’s focused digital banking model and recent inclusion on a "Best-of-Breed" list as key supports for the thesis. Analyst Commentary Recent research on Q2 Holdings highlights a mix of optimism around the company’s digital banking focus and execution, alongside some caution reflected in recalibrated price targets and assumptions.
ナラティブ更新 • Jun 02

QTWO: Best Of Breed Positioning And AI Tools Will Support Digital Banking Upside

The analyst price target for Q2 Holdings has shifted modestly by $5 as firms weigh the company's inclusion on DA Davidson's "Best-of-Breed Bison List" and recent commentary around its focused digital banking model, strong bookings track record, and updated risk reward views. Analyst Commentary Recent Street research around Q2 Holdings highlights a mix of optimism about the business model and bookings trends, alongside more cautious revisions to valuation assumptions.
ナラティブ更新 • May 10

QTWO: AI Disruption Fears Could Set Up Digital Banking Upside

Q2 Holdings' updated analyst price target has been trimmed by about $1, reflecting a mix of target reductions from several firms and one $4 upward revision. Analysts are weighing sector wide concerns about software competitive moats and AI driven disruption.
ナラティブ更新 • Apr 20

QTWO: AI Competitive Concerns May Set Up Digital Banking Repricing

The analyst price target for Q2 Holdings has been trimmed by about $1 to $75, as analysts factor in sector wide software target cuts tied to concerns around AI driven competitive pressures while still reflecting supportive views from recent upgrades. Analyst Commentary Recent Street research around Q2 Holdings reflects a split view, with some analysts turning more constructive on the shares while others trim price targets in response to sector wide software concerns tied to AI.
ナラティブ更新 • Apr 06

QTWO: AI Moat Concerns And Digital Asset Expansion May Drive Repricing

Analysts have reduced their average price target on Q2 Holdings by $25 to $75, reflecting a sector-wide reset for vertical software as AI competition, valuation and moat durability come under closer scrutiny. Analyst Commentary Recent Street research around Q2 Holdings clusters around a common theme of resetting expectations, with analysts reworking price targets and ratings as they reassess how AI competition, valuation and competitive moats fit together for vertical software names.
ナラティブ更新 • Mar 23

QTWO: AI Moat Reassessment And 2026 Guidance May Support Future Upside

Analysts have trimmed their price targets on Q2 Holdings, with one key target moving from $100 to $75 as they reassess competitive moats in light of rapid AI adoption and broader weakness across vertical software names. Analyst Commentary Recent research on Q2 Holdings reflects a mix of caution and selective optimism, with several firms adjusting price targets and one upgrade on valuation.
ナラティブ更新 • Mar 08

QTWO: AI Moat Questions And 2026 Outlook Should Support Future Upside

Analysts have trimmed their average price target for Q2 Holdings to about $76 from roughly $100, citing sector wide cuts across vertical software as AI adoption raises fresh questions about competitive moats and the durability of existing business models. Analyst Commentary Recent research on Q2 Holdings points to a mixed setup, with price targets coming down but a split between those who see current levels as attractive and those who are more cautious about execution and competitive risk.
ナラティブ更新 • Feb 22

QTWO: AI Moat Concerns And 2026 Guidance Should Support Future Share Gains

Analysts have trimmed their average price target on Q2 Holdings from about $89 to roughly $76. This reflects sector wide cuts in vertical software as they reassess competitive moats and defensibility in light of rapid AI adoption.
分析記事 • Feb 18

We Think Q2 Holdings' (NYSE:QTWO) Profit Is Only A Baseline For What They Can Achieve

Q2 Holdings, Inc.'s ( NYSE:QTWO ) earnings announcement last week was disappointing for investors, despite the decent...
ナラティブ更新 • Feb 07

QTWO: Strong Bookings And 2026 Guidance Should Support Future Share Gains

Analysts have made a small downward tweak to their price target for Q2 Holdings to roughly $89 per share, reflecting slightly higher discount-rate assumptions and a lower forward P/E multiple, even as they highlight ongoing support from valuation-focused upgrades and prior research citing solid bookings and positive longer term guidance. Analyst Commentary Recent research on Q2 Holdings reflects a mix of optimism about execution and bookings, alongside some caution on valuation and discount-rate assumptions.
ナラティブ更新 • Jan 24

QTWO: Strong Bookings And Margin Expansion Should Support Future Share Gains

Analysts trimmed their average price target on Q2 Holdings by a small amount to reflect sector wide multiple compression and modest adjustments to growth and margin assumptions, even as recent research continues to highlight strong Q3 execution and solid bookings trends. Analyst Commentary Street research on Q2 Holdings has been mixed, with some analysts trimming price targets to reflect sector wide valuation changes while still recognizing solid execution in the latest quarter.
ナラティブ更新 • Jan 10

QTWO: Lower Rates And Bank Tech Spending Should Support Future Margin Expansion

Analysts have made a modest upward adjustment to their price targets on Q2 Holdings, with changes such as DA Davidson moving to $82 and others resetting to a range of $82 to $90 following strong Q3 revenue, margin performance, solid bookings, and updated long-term guidance, while also factoring in broader software valuation resets. Analyst Commentary Recent research on Q2 Holdings highlights a mix of optimism about execution and growth, alongside some caution tied largely to sector valuation resets and spending uncertainty.
ナラティブ更新 • Dec 24

QTWO: Lower Rates Will Drive Digital Banking Demand And Margin Expansion

Analysts made modest downward adjustments to their price targets on Q2 Holdings, trimming estimates by up to about $25 per share as they balance the company’s stronger than expected Q3 revenue and margin performance, along with a constructive 2026 outlook, against a reset in software sector valuations and concerns about a potentially softer spending environment. Analyst Commentary Analysts are digesting Q2 Holdings recent performance and updated outlook by fine tuning their price targets while largely maintaining a constructive stance on the company’s execution and growth prospects.
ナラティブ更新 • Dec 10

QTWO: Lower Rates Will Drive Digital Banking Demand And Share Repurchases

Analysts have modestly trimmed their average price target on Q2 Holdings to about $90 per share from roughly $96 previously, citing a reset in software valuation multiples despite continued outperformance in Q3 bookings, revenue growth and margin expansion, as well as a constructive long term outlook tied to banks increasing digital investment in a lower rate environment. Analyst Commentary Street research following Q3 results reflects a mix of optimism around Q2 Holdings execution and growth, tempered by a reset in software valuations and concerns about the broader spending environment.
ナラティブ更新 • Nov 26

QTWO: Strong Bookings And Efficiency Gains Will Drive Performance As Rates Decline

Analysts have slightly reduced their average price target for Q2 Holdings, trimming it by less than $1 to approximately $89.71. They are factoring in robust Q3 performance while adjusting for sector-wide valuation pressures and evolving growth expectations.
ナラティブ更新 • Nov 11

QTWO: Lower Rates Will Support Rebound As Efficiency Gains Drive Profitability

Q2 Holdings' average analyst price target has been reduced from approximately $101 to $90. Analysts cite strong recent performance, but also note lower software sector valuations and expectations for a more moderate growth environment ahead.
分析記事 • Nov 08

Results: Q2 Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Shareholders of Q2 Holdings, Inc. ( NYSE:QTWO ) will be pleased this week, given that the stock price is up 17% to...
ナラティブ更新 • Oct 28

Digital Banking Sector Opportunities Will Expand Amid Shifting Rate Environment

Q2 Holdings' analyst price target has been lowered by $20 to $90, as analysts cite recent share underperformance and expectations of a less robust spending environment amid changing interest rates. However, opportunities for technology investment remain noted.
分析記事 • Oct 14

Some Confidence Is Lacking In Q2 Holdings, Inc. (NYSE:QTWO) As Shares Slide 25%

To the annoyance of some shareholders, Q2 Holdings, Inc. ( NYSE:QTWO ) shares are down a considerable 25% in the last...
分析記事 • Aug 07

Q2 Holdings' (NYSE:QTWO) Performance Is Even Better Than Its Earnings Suggest

Investors were underwhelmed by the solid earnings posted by Q2 Holdings, Inc. ( NYSE:QTWO ) recently. We have done some...
分析記事 • Jul 25

Is It Time To Consider Buying Q2 Holdings, Inc. (NYSE:QTWO)?

Q2 Holdings, Inc. ( NYSE:QTWO ), might not be a large cap stock, but it saw a significant share price rise of 24% in...
分析記事 • Jun 22

Would Q2 Holdings (NYSE:QTWO) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • May 27

Q2 Holdings, Inc.'s (NYSE:QTWO) CEO Will Probably Have Their Compensation Approved By Shareholders

Key Insights Q2 Holdings' Annual General Meeting to take place on 3rd of June Total pay for CEO Matt Flake includes...
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新しいナラティブ • May 08

Fraud And Risk Solutions Will Unlock Future Market Potential

Expansion in fraud and risk solutions is expected to drive growth, enhancing revenue through greater customer adoption amidst increasing fraud activity.
分析記事 • Apr 23

Subdued Growth No Barrier To Q2 Holdings, Inc.'s (NYSE:QTWO) Price

You may think that with a price-to-sales (or "P/S") ratio of 6.5x Q2 Holdings, Inc. ( NYSE:QTWO ) is a stock to avoid...
Seeking Alpha • Apr 16

Q2 Holdings: Bull Case Centers On Margin Expansion And Land-And-Expand Strength

Summary Q2 Holdings posted strong 2024 financials with 11.5% revenue growth, expanding margins, and a net profit, reinforcing my 'Buy' rating. The company's successful land-and-expand strategy drives significant customer revenue growth, implying healthy net revenue retention and fueling operating leverage. Q2's valuation is justified by its superior growth compared to peers, with potential for multiple expansion as margins and cash flow improve. Despite tech sector risks, Q2's focus on consumer banking software positions it well to maintain high retention and combat macro software headwinds. Read the full article on Seeking Alpha
分析記事 • Apr 08

What Is Q2 Holdings, Inc.'s (NYSE:QTWO) Share Price Doing?

Q2 Holdings, Inc. ( NYSE:QTWO ), might not be a large cap stock, but it received a lot of attention from a substantial...
分析記事 • Mar 08

A Look At The Fair Value Of Q2 Holdings, Inc. (NYSE:QTWO)

Key Insights Q2 Holdings' estimated fair value is US$75.28 based on 2 Stage Free Cash Flow to Equity Q2 Holdings...
Seeking Alpha • Mar 03

Q2 Holdings Is Rightfully Dropping Amid Valuation Concerns (Technical Analysis)

Summary With basically all indications being bearish, the technical outlook for Q2 Holdings stock seems dismal at this point. Most recent earnings and guidance were strong, as growth in revenue is expected to stay at above average levels. However, the P/S ratio shows overvaluation in the stock versus historic growth and to peers, leading me to conclude that the fundamental setup is unattractive. Therefore, I initiate QTWO stock at a sell rating as the technicals are bearish, and the valuation is detached from reality. Read the full article on Seeking Alpha
Seeking Alpha • Feb 24

Q2 Holdings: Buy This Little-Known Software Company As It Ramps Up RPOs And EBITDA

Summary Q2 Holdings has retreated somewhat after its Q4 earnings print, creating a well-timed buying opportunity. Q2 Holdings has a large $23 billion TAM, strong land-and-expand model, and balanced growth/margin strategy, making it a solid long-term hold. The company achieved 13% year-over-year revenue growth and 21% year-over-year RPO growth in Q4, while also planning for ~4 points of annual adjusted EBITDA margin expansion through FY26. The stock trades at a very reasonable ~7x forward revenue multiple, leaving plenty of room for upside. Read the full article on Seeking Alpha
Seeking Alpha • Jan 25

Q2 Holdings: Justifying A Modest Premium With Major Profit Inflection

Summary Q2 Holdings, a vertical software provider for financial services, is a good buy ahead of the Q4 earnings season. The company's share price has doubled in the past year, and it offers a compelling AI copilot product for bankers, enhancing workflow and compliance. Q2 Holdings has a large market opportunity, with only 3% penetration of its $23 billion addressable market and significant cross-sell potential within its existing customer base. Importantly, the company is forecasting 300-400bps of adjusted EBITDA margin expansion through FY26, alongside mid-teens growth. The company is reasonably valued at ~7x forward revenue, trading in-line with software industry bellwethers like Salesforce. Read the full article on Seeking Alpha
分析記事 • Jan 15

Is Q2 Holdings (NYSE:QTWO) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Seeking Alpha • Jan 11

Q2 Holdings: Capitalizing On Banking Consolidation For Topline Expansion

Summary In 3Q24, QTWO generated $175 million in revenues, up 12.9% y/y. As compared to the same period last year, operating and net margin increased by 549 bps and, 1056 bps. QTWO has multiple initiatives that put it on track to achieve profitability by FY2026. It's land-and-expand strategy will continue to increase subscription revenues, while operation optimization will improve margins. In the next two to three years, the US banking industry consolidation will help QTWO attain higher quality customers. Valuation analysis suggests that QTWO stock is undervalued, with a potential upside of close to 38.80%. Read the full article on Seeking Alpha
Seeking Alpha • Dec 25

Q2 Holdings: Signs Of Slowing Growth And Fully Valued Premium Make It A Hold

Summary Q2 Holdings has shown strong market performance and revenue growth, but its high valuation and potential slower growth in 2025 suggest a Hold rating. The company's unique cloud-based solutions for small banks and a growing customer base support its stable revenue and long-term contracts. Despite improving operating margins and reducing net debt, QTWO's gross margins remain low, and future revenue growth is uncertain. QTWO's valuation appears high compared to peers, with a forward P/E ratio and EV/revenue multiple above industry averages, making it hard to justify a Buy. Read the full article on Seeking Alpha
Seeking Alpha • Dec 09

Q2 Holdings Looks Vulnerable Into 2025

Summary Q2 Holdings (QTWO) has surged 155% in 2024, but its rapid rise and overbought status prompt a Strong Sell rating. Despite strong earnings growth, Q2's valuation at 43X 2026 earnings and PEG ratio of 1.8 suggest it's fully valued. Q2's gross margins are stagnant at 50%, limiting operating margin improvements and raising concerns about long-term profitability. High valuation metrics and potential growth deceleration in 2025 make Q2 a risky investment, with shorting as a possible strategy. Read the full article on Seeking Alpha

収支内訳

Q2 Holdings の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。

収益と収入の歴史

NYSE:QTWO 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
30 Jun 2684692234163
31 Mar 2682274232158
31 Dec 2579552233154
30 Sep 2577032235149
30 Jun 257435237147
31 Mar 25721-20239146
31 Dec 24696-39237143
30 Sep 24676-57237142
30 Jun 24655-68234139
31 Mar 24637-79233138
31 Dec 23625-65231137
30 Sep 23609-80230137
30 Jun 23599-84228136
31 Mar 23585-86220133
31 Dec 22566-109212130
30 Sep 22551-102195126
30 Jun 22533-106183124
31 Mar 22516-111173121
31 Dec 21499-113165117
30 Sep 21476-125158112
30 Jun 21453-120151105
31 Mar 21427-12914599
31 Dec 20403-13814597
30 Sep 20381-11514392
30 Jun 20357-10713588
31 Mar 20337-8613084
31 Dec 19315-7112176
30 Sep 19296-6711572
30 Jun 19277-5710965
31 Mar 19258-4910258
31 Dec 18241-359451
30 Sep 18226-298846
30 Jun 18215-268444
31 Mar 18204-258142
31 Dec 17194-267840
30 Sep 17184-287638
30 Jun 17173-327436
31 Mar 17161-347134
31 Dec 16150-366832
30 Sep 16138-376431
30 Jun 16128-355928
31 Mar 16118-305425
31 Dec 15109-255022
30 Sep 15101-214718

質の高い収益: QTWOは 高品質の収益 を持っています。

利益率の向上: QTWOの現在の純利益率 (10.9%)は、昨年(0.7%)よりも高くなっています。

フリー・キャッシュフローと収益の比較

過去の収益成長分析

収益動向: QTWO過去 5 年間で収益を上げており、収益は年間52%増加しています。

成長の加速: QTWOの過去 1 年間の収益成長率 ( 1783.5% ) は、5 年間の平均 ( 年間52%を上回っています。

収益対業界: QTWOの過去 1 年間の収益成長率 ( 1783.5% ) はSoftware業界27.2%を上回りました。

株主資本利益率

高いROE: QTWOの 自己資本利益率 ( 14.3% ) は 低い とみなされます。

総資産利益率

使用総資本利益率

過去の好業績企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/09/10 01:33
終値2026/09/10 00:00
収益2026/06/30
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した ご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Q2 Holdings, Inc. 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23

アナリスト機関
Joseph VruwinkBaird
Gary PrestopinoBarrington Research Associates, Inc.
Matthew VanVlietBTIG