Royal Bank Of Canada Cuts Q2 (NYSE:QTWO) Price Target to $67.00

Q2 (NYSE:QTWO) had its target price cut by Royal Bank Of Canada from $86.00 to $67.00 in a research report released on Thursday morning,Benzinga reports. They currently have a sector perform rating on the technology company’s stock.

A number of other research analysts have also recently weighed in on QTWO. DA Davidson raised Q2 from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a research report on Tuesday, February 3rd. Stifel Nicolaus set a $75.00 target price on shares of Q2 in a research note on Thursday. Wall Street Zen raised shares of Q2 from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Zacks Research cut shares of Q2 from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Finally, Needham & Company LLC lowered their target price on shares of Q2 from $90.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Q2 has a consensus rating of “Moderate Buy” and a consensus price target of $81.79.

Q2 Stock Performance

Shares of Q2 stock opened at $53.22 on Thursday. The stock has a market cap of $3.32 billion, a P/E ratio of 67.36 and a beta of 1.36. The stock’s fifty day moving average is $67.68 and its 200 day moving average is $70.64. Q2 has a one year low of $51.34 and a one year high of $96.68.

Insider Transactions at Q2

In other Q2 news, COO Himagiri K. Mukkamala sold 3,024 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $73.68, for a total value of $222,808.32. Following the sale, the chief operating officer owned 96,046 shares in the company, valued at $7,076,669.28. The trade was a 3.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kirk L. Coleman sold 8,559 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $73.68, for a total transaction of $630,627.12. Following the transaction, the insider directly owned 269,128 shares of the company’s stock, valued at $19,829,351.04. This trade represents a 3.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 20,883 shares of company stock valued at $1,547,778. 0.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Q2

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital Research Global Investors increased its stake in Q2 by 86.2% in the 4th quarter. Capital Research Global Investors now owns 3,141,044 shares of the technology company’s stock worth $226,658,000 after acquiring an additional 1,454,076 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Q2 by 13.5% in the third quarter. Vanguard Group Inc. now owns 7,912,306 shares of the technology company’s stock valued at $572,772,000 after purchasing an additional 941,672 shares in the last quarter. North Reef Capital Management LP increased its position in Q2 by 101.1% in the third quarter. North Reef Capital Management LP now owns 1,690,000 shares of the technology company’s stock worth $122,339,000 after purchasing an additional 849,480 shares during the last quarter. UBS Group AG increased its position in Q2 by 343.5% in the third quarter. UBS Group AG now owns 1,009,946 shares of the technology company’s stock worth $73,110,000 after purchasing an additional 782,220 shares during the last quarter. Finally, Norges Bank purchased a new stake in Q2 during the second quarter valued at $60,466,000.

Q2 News Roundup

Here are the key news stories impacting Q2 this week:

• Positive Sentiment: Company and analysts point to a profitability inflection and higher 2026 outlook that could materially improve margins and cash flow; this narrative is driving investor interest. Read More.
• Positive Sentiment: Q4 commentary and analyst deep-dives highlight strong subscription growth, cloud migration progress and AI initiatives that management says underpin the outlook. Read More.
• Positive Sentiment: Some brokers kept or maintained bullish stances (Truist remains a buy; Cantor kept an overweight) even while lowering targets — signaling continued analyst conviction in the recovery story. Read More. • Read More.
• Neutral Sentiment: Q2 published its 2026 State of Commercial Banking report — useful industry context for enterprise demand but not an immediate earnings driver. Read More.
• Neutral Sentiment: Full earnings materials and call transcripts are available for investors to parse subscription metrics, churn, and margin levers; these details are guiding differentiated analyst views. Read More. • Read More.
• Negative Sentiment: Royal Bank of Canada cut its price target to $67 and kept a sector-perform rating; that downgrade coincided with a new 52-week low, creating short-term selling pressure. Read More.
• Negative Sentiment: Multiple firms trimmed targets (Needham, Truist, Cantor, RBC) — even where ratings remained buy/overweight — which compresses near-term sentiment and can cap rallies until guidance is proven out. Read More.

Q2 Company Profile

Q2 Holdings, Inc develops and delivers cloud-based digital banking solutions that enable banks and credit unions to enhance customer and member experiences. The company’s core offerings include the Q2 Platform, a comprehensive suite of online and mobile banking applications for retail and commercial customers, as well as digital onboarding, payments, and fraud prevention tools. Q2’s platform also provides analytics and reporting capabilities designed to help financial institutions tailor products, optimize workflows, and drive engagement.

Founded in 2004 and headquartered in Austin, Texas, Q2 serves hundreds of financial institutions across the United States and Canada.