Analyst Ratings for Qlik Technologies Inc (QLIK)Updated: 2016-08-20
Several price targets were given for QLIK by the analysts covering the stock. The maximum price target given was 35, which equates to a potential upside of 14.75 percent. The most pessimistic price target was 30.5, which equates to a potential downside of 0 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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. 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. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
QLIK has traded between a high of 42.90 and a low of 15.77 over the past year. Today's price is 93.41 percent above the 52-week 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 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.