Needham & Company LLC Cuts Q2 (NYSE:QTWO) Price Target to $70.00

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

Several other brokerages also recently weighed in on QTWO. Weiss Ratings restated a “hold (c-)” rating on shares of Q2 in a research note on Thursday, January 22nd. Stephens set a $90.00 price objective on Q2 in a research report on Friday, January 16th. Cantor Fitzgerald lowered their price objective on shares of Q2 from $110.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Royal Bank Of Canada cut their target price on shares of Q2 from $102.00 to $86.00 and set a “sector perform” rating for the company in a research note on Thursday, November 6th. Finally, Stifel Nicolaus decreased their price target on shares of Q2 from $110.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $81.79.

Q2 Price Performance

Q2 stock opened at $53.22 on Thursday. Q2 has a fifty-two week low of $51.34 and a fifty-two week high of $96.68. The firm has a fifty day moving average price of $67.68 and a two-hundred day moving average price of $70.64. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 67.36 and a beta of 1.36.

Insider Activity at Q2

In other Q2 news, COO Himagiri K. Mukkamala sold 3,024 shares of the company’s 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 sale, the chief operating officer directly owned 96,046 shares in the company, valued at $7,076,669.28. This represents a 3.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Kirk L. Coleman sold 8,559 shares of Q2 stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $73.68, for a total value of $630,627.12. Following the transaction, the insider directly owned 269,128 shares of the company’s stock, valued at approximately $19,829,351.04. The trade was a 3.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,883 shares of company stock valued at $1,547,778 in the last 90 days. 0.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Advisors Asset Management Inc. grew its position in Q2 by 35.0% during the 1st quarter. Advisors Asset Management Inc. now owns 849 shares of the technology company’s stock worth $68,000 after acquiring an additional 220 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Q2 by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,033 shares of the technology company’s stock worth $2,803,000 after purchasing an additional 1,525 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Q2 by 21.6% during the first quarter. Goldman Sachs Group Inc. now owns 537,717 shares of the technology company’s stock worth $43,023,000 after purchasing an additional 95,440 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Q2 by 3.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,318 shares of the technology company’s stock valued at $14,907,000 after buying an additional 6,909 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in shares of Q2 by 44.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,925 shares of the technology company’s stock valued at $929,000 after buying an additional 3,037 shares during the last quarter.

Trending Headlines about Q2

Here are the key news stories impacting Q2 this week:

• Positive Sentiment: Company and analysts point to a profitability inflection and higher 2026 outlook that could materially improve margins and cash flow; this narrative is driving investor interest. Read More.
• Positive Sentiment: Q4 commentary and analyst deep-dives highlight strong subscription growth, cloud migration progress and AI initiatives that management says underpin the outlook. Read More.
• Positive Sentiment: Some brokers kept or maintained bullish stances (Truist remains a buy; Cantor kept an overweight) even while lowering targets — signaling continued analyst conviction in the recovery story. Read More. • Read More.
• Neutral Sentiment: Q2 published its 2026 State of Commercial Banking report — useful industry context for enterprise demand but not an immediate earnings driver. Read More.
• Neutral Sentiment: Full earnings materials and call transcripts are available for investors to parse subscription metrics, churn, and margin levers; these details are guiding differentiated analyst views. Read More. • Read More.
• Negative Sentiment: Royal Bank of Canada cut its price target to $67 and kept a sector-perform rating; that downgrade coincided with a new 52-week low, creating short-term selling pressure. Read More.
• Negative Sentiment: Multiple firms trimmed targets (Needham, Truist, Cantor, RBC) — even where ratings remained buy/overweight — which compresses near-term sentiment and can cap rallies until guidance is proven out. Read More.

Q2 Company Profile

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.