Analyst Ratings for Qlik Technologies Inc (QLIK)Updated: 2016-08-20
Investment analysts gave a few price targets for QLIK. The most optimistic analyst gave a price target of 35, implying potential capital gains of 14.75 percent. The most pessimistic analyst gave a price target of 30.5, which equates to a potential downside of 0 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 22.63 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 23.86 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 5 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
QLIK has a 52-week high of 42.90 and a 52-week low of 15.77. Currently the stock is 93.41 percent higher than its low, and 28.9 percent below the high. QLIK has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The QLIK value stock report compares QLIK to some of its peers using value stock charts. The stock has a market capitalization of $2.9 billion. QLIK is estimated to release their earnings results for the quarter on 2016-10-20, days from today.