These Analysts Revise Their Forecasts On Q2 Holdings Following Q1 Results

Core Insights - Q2 Holdings, Inc. reported strong earnings for Q1, with earnings per share of 50 cents, surpassing the analyst consensus estimate of 47 cents [1] - The company achieved quarterly sales of $189.74 million, exceeding the analyst consensus estimate of $186.67 million [1] Financial Performance - The first quarter bookings performance was characterized by significant renewals and expansion activity, indicating the value of the company's solutions [2] - Q2 Holdings raised its FY2025 sales guidance from a range of $772 million-$779 million to $776 million-$783 million [2] Stock Market Reaction - Following the earnings announcement, Q2 Holdings shares increased by 7.7%, trading at $86.46 [3] - Analysts adjusted their price targets for Q2 Holdings after the earnings report, with some maintaining their ratings [3][8] Analyst Opinions - Needham analyst Mayank Tandon maintained a Buy rating on Q2 Holdings but lowered the price target from $125 to $110 [8] - Baird analyst Jon Vruwink maintained a Neutral rating and raised the price target from $84 to $90 [8]