Analyst Ratings for Qlik Technologies Inc (QLIK)Updated: 2016-08-20
Many analysts weighed in on price targets for QLIK. The most optimistic price target was 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. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. 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. 3 analysts made positive revisions to their quarterly estimates over the past month, 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.
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 below the high by 28.9 percent. QLIK has a P/E 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.