- Q2 Holdings provides digital banking solutions for regional and community financial institutions in the US.
- The company’s share performance has been volatile, reaching an all-time high in 2021, but currently trading at $63 per share.
- Recent wins in Q1 have been encouraging. Moreover, RPO growth suggests a healthy pipeline. However, upsides may have been priced in. Shares already appreciated by 46% YTD.
Q2 Holdings (NYSE:QTWO) is a company providing digital end-to-end banking solutions for regional and community financial institutions across the US.
Share performance has been relatively volatile in the last few years. QTWO went public in 2014 at a price of $16, but after reaching an all-time high of $145 per share in 2021, QTWO has continued trending down, bottoming out at $22 price level in the mid of 2023. Nonetheless, QTWO appears to have gained some momentum over the past year, with the share price being up over 125%. It has also partially been driven by the strong 50% YTD price performance. Currently, QTWO is trading at $63 per share.
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