|Bid||93.84 x 800|
|Ask||93.94 x 900|
|Day's Range||93.64 - 96.98|
|52 Week Range||41.89 - 96.98|
|Beta (3Y Monthly)||1.88|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||83.83|
SAN MATEO, Calif., Feb. 19, 2019 /PRNewswire/ -- Coupa Software (COUP), a leader in business spend management (BSM), today announced that Munich Re, a global Fortune 500 company based in Germany, which provides reinsurance, primary insurance, and insurance-related risk solutions, selected Coupa to transform its procurement and related spend management processes by deploying the first global source-to-pay solution within the reinsurance organization. The Coupa BSM Platform will empower Munich Re to take its next step in digital transformation globally by reducing paper invoicing, simplifying and standardizing procurement and related spend management processes, and providing suppliers a unified platform for simpler and faster global transacting.
SAN MATEO, Calif., Feb. 19, 2019 /PRNewswire/ -- Coupa Software (COUP), a leader in business spend management (BSM), announced today that it has entered into a multi-year strategic alliance with Launchship Technology Solutions, an expert in contingent workforce services based in Hyderabad, India. The alliance establishes Launchship as a preferred implementation partner for Coupa Contingent Workforce, a key area of focus for Coupa, which empowers businesses to manage all their spend, including contingent workforce spend, within a comprehensive BSM platform.
SAN MATEO, Calif. , Feb. 14, 2019 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), today announced it will host an analyst day in New York City on Tuesday, March ...
After tech stocks ended 2018 on a treacherous note, the new year has brought renewed prosperity to the sector. Software stocks in particular are rallying.Adobe Systems (NASDAQ:ADBE) is no exception. From its recent low of $205 per share, the Adobe stock price is back up to $258. That puts ADBE stock within striking range of its all-time high price of $277.Across the sector, investors are chasing stocks to fresh new heights. On Monday, a variety of cloud and software plays hit 52-week or all-time highs. Among the names in that category were Shopify (NYSE:SHOP), Coupa Software(NASDAQ:COUP), Smartsheet (NYSE:SMAR), Atlassian (NASDAQ:TEAM), Workday (NASDAQ:WDAY), and VMware (NYSE:VMW), among others.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 U.S. Stocks That Are Coming to Life Again So Adobe stock should be going up, since the sector is on fire. Adobe's recent strong performance has little connection to its own particular fundamentals. And given the hotness of the tech sector, savvy traders should consider selling tech stocks and taking profits at this point. For Adobe, 2018 Was a Great YearAdobe has delivered impressive growth in recent years, and that trend continued in 2018. Rather remarkably, the revenue increases of both major Adobe business units were almost equal. The company's Digital Media unit, which accounts for roughly a third of its revenue, generated top-line growth of 27%. The sales of Adobe's core Digital Media business, which accounts for around 70% of Adobe's revenues, increased by 26%. With the revenue of both major divisions increasing more than 25% annually, the company is clearly doing well.You may have seen some griping about Adobe's last earnings report of 2018. The company's earnings per share did come in below analysts' consensus estimate, but its revenue came in above the consensus outlook. The earnings shortfall was due to costs related to Adobe's acquisition of Marketo. In the long-run, a near-term earnings miss due to M&A won't affect the company's outlook meaningfully.What is important is that Adobe is no longer just the world's best image-software company; it now offers a broader business solutions package. Adobe purchased both Marketo and Magento recently. Marketo does B2B marketing while Magento offers digital-marketing solutions. By offering its customers a rich suite of software solutions, Adobe has gained many synergies.Adobe's revenue jumped nearly 25% last year. Probably not coincidentally, Adobe stock rallied 29% in 2018. Investors tend to price a company like Adobe based on its sales, so it makes sense that ADBE stock rose during a year in which its revenue surged. However, the situation could change in 2019. Adobe Stock Is ExpensiveThose who are bearish on ADBE stock can point out an obvious, if true, statement: Adobe stock is really pricey. On a trailing basis, Adobe stock has a price-earnings ratio of 50. Now, to be fair, ADBE had some one-tine costs in 2018. But the company's forward P/E ratio stands at 27. That's still quite pricey, especially since analysts have already baked healthy growth into their 2019 projections.On a price-sales basis, ADBE stock looks even more expensive. It is currently going for more than 14 times its sales. The normal rule of thumb for fast-growing tech stocks is that they are valued fairly if they're trading at ten times their sales.Consider that even if Adobe's revenue jumps 24% again in 2019, it will still be selling for a touch over ten times its sales. Various peers of Adobe are selling for between eight and ten times their sales at the moment, suggesting that Adobe stock price could drop considerably if the valuation of ADBE stock drops to levels that are more in-line with the rest of the tech sector. How Much Can the Experience Cloud Grow?The big question for ADBE stock, at least for long-term investors, is how far its so-called experience cloud can run. After integrating Marketo, Magento, Tubemogul, and other acquisitions, Adobe is now seen as a leader in the still-emerging marketing-cloud space. As is often the case in tech, Adobe's first- mover advantage in that area appears to be huge.Bulls are buying up Adobe stock because of their belief that the company will become the entrenched leader in the space. Even so, it's worth asking just how much that achievement would be worth. Consider that the shares of the current leader of the marketing-software space, Salesfore.com (NYSE:CRM), are selling for just 9.5 times its sales.Adobe stock would have to drop around 30% to reach Salesforce's valuation. And Salesforce isn't exactly considered a value stock ,either. Salesforce has posted average annual revenue growth of 28% over the past five years, and analysts don't expect that to change much. Does Adobe stock deserve such a large premium over Salesforce's shares? The Verdict on Adobe StockGiven the great enthusiasm we are seeing for tech and software stocks, it seems tempting to hold Adobe stock into its earnings which are slated to be announced next month. However, I'd urge investors to be cautious about ADBE stock. Much of the recent gains of Adobe stock price have been triggered by the rallies of other cloud names.But Adobe still has to prove its own merits. Analysts will be looking at the company's M&A costs closely. And with 25% revenue growth already baked into investors' expectations, Adobe stock may not have all that much room to advance further even if its numbers are relatively strong.With tech stocks on fire, it seems like a good time to take some chips off the table, whether we're talking about ADBE stock or other names in the sector that are making fresh, new all-time highs.At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 7 Forever Stocks to Buy for Long-Term Gains * 5 Self-Driving Car Stocks to Buy Compare Brokers The post Investors Should Sell Adobe Stock appeared first on InvestorPlace.
Where is the long-awaited rollover? Where did it go? Or was today just a reprieve, a day where we think we get to avoid a government shutdown and perhaps we get a trade deal? Both sure contributed to this strong day.
SAN MATEO, Calif., Feb. 8, 2019 /PRNewswire/ -- Coupa Software (COUP), a leader in business spend management (BSM), today announced that registration has opened for its annual flagship event, Coupa Inspire'19 North America. In its eighth year, Inspire'19 will bring together thousands of BSM leaders to share stories of transformational change and experience the power of the Coupa community. Together., Inspire'19 will showcase the power of the BSM community and provide attendees with a chance to share, learn, and collaborate.
SAN MATEO, Calif. , Feb. 7, 2019 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), will report financial results for its fourth quarter and fiscal year ended January ...
Fraud prevention, artificial intelligence, and enhanced compliance among key advancements to empower businesses with visibility and control SAN MATEO, Calif. , Feb. 6, 2019 /PRNewswire/ -- Coupa Software ...
was mentioned by Jim Cramer on Thursday night's Mad Money program as he talked about the cloud winners. In the daily bar chart of COUP, below, we can see a strong rally from February to early September. Looking at the daily On-Balance-Volume (OBV) line gives us another bullish clue -- notice how shallow the decline is for the OBV line in October and November when prices corrected?
Victory RS Small Cap Growth Fund is hot. That heartens shareholders. It also offer pointers to investors in individual small cap stocks.
SAN MATEO, Calif., Jan. 31, 2019 /PRNewswire/ -- Coupa Software (COUP), a leader in business spend management (BSM), today announced that BJ Services, a leading provider of pressure pumping services for the oil and gas industry, has selected Coupa to transform its business by automating its accounts payable (AP) and eInvoicing processes. Located in Tomball, Texas near Houston, BJ Services is the largest pure-play pressure pumping services provider in North America.
SAN MATEO, Calif., Jan. 30, 2019 /PRNewswire/ -- Coupa Software (COUP), a leader in business spend management (BSM), today announced that Provident Financial Group (PFG), a leading provider of financial services in the nonstandard credit market based in the UK, selected Coupa to transform its business by improving group-level supply side synergies, maximizing spend under management, and increasing operational efficiency to deliver new savings for the organization. "Coupa's approach to value as a service resonated strongly with us and, of all the systems we evaluated, Coupa stood out as the company with the clearest vision and focus on usability," said James Wagstaff, chief procurement officer at Provident Financial Group.
SAN MATEO, Calif., Jan. 29, 2019 /PRNewswire/ -- Coupa Software (COUP), a leader in business spend management (BSM), today announced that it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Applications 2019 Vendor Assessment, US44753119, January 2019.
The report evaluated Source-to-Contract (S2C) CLM solutions from 15 different software vendors on a set of 15 criteria, placing Coupa in the Leaders quadrant based on ease of use and support. "We regard being named a Leader in Forrester's S2C CLM Wave report as strong affirmation of the comprehensive and user-centric BSM platform that we've built," said Donna Wilczek, vice president of product strategy and innovation at Coupa.
We are advised by Coupa Software that journalists and other readers should disregard the news release, Coupa Named a Leader in IDC MarketScape on Worldwide SaaS and Cloud-Enabled Accounts Payable Applications ...
SAN MATEO, Calif., Jan. 22, 2019 /PRNewswire/ -- Coupa Software (COUP), a leader in business spend management (BSM), today announced a strategic collaboration with J.P. Morgan. Coupa will commence partnering with J.P. Morgan's Single-Use AccountsSM (SUA), virtual card, to enable a fast, secure, and a convenient way for businesses to manage payments within their broader business spend management strategy. "We're excited to partner with J.P. Morgan as a card issuer of our virtual card solution to provide businesses with greater visibility and control into their payments process," said Ravi Thakur, senior vice president of Business Acceleration at Coupa.
Fool me once, shame on you. Fool me twice, shame on me. Fool me three times and I have no idea because that is not supposed to happen. It's the same concept with a triple-top or triple-bottom in terms of stock patterns.
MENLO PARK, Calif., Jan. 16, 2019 /PRNewswire/ -- BlueRun Ventures (BRV), an early-stage venture capital firm that led early rounds in PayPal, Waze, Coupa and Kabbage, today announced the closing of their sixth fund, BRV VI, at $130 million. Broadly, BRV's investment thesis is to look for opportunities where data and real time computing can disrupt incumbents and create new category winners. "BRV's consistent early stage investment approach is supported by our seasoned base of limited partners, allowing us to fund companies at critical moments in their growth," said Jonathan Ebinger, General Partner at BlueRun Ventures.