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, which equates to a potential upside of 14.75 percent. The most pessimistic analyst gave a price target of 30.5, implying potential capital losses of 0 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 22.63 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 23.86 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, QLIK has achieved a high of 42.90 and a low of 15.77. Today's price is 93.41 percent above the 52-week low, and 28.9 percent lower than its 52-week 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 market cap of QLIK is $2.9 billion. QLIK is estimated to release their earnings results for the quarter on 2016-10-20, days from today.