Q2 Holdings, Inc. (QTWO)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$75.62+1.54%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · QTWO
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 13.0% |
| Our one-year growth estimate | diamond | 10.9% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 2.1 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 35 industry peers · Company calendar date is not available
QTWO — CEO transition
Dated 2026-10-28
Co-CEO — Jonathan A. Price: The filing discloses the internal promotion of the CFO to Co-CEO and his appointment to the Board, which is a significant leadership change but not a departure.
Why it matters: Price became co-CEO while staying CFO. Naming a new CFO would show progress on the leadership handoff.
Supportive ifQ2 names a CFO successor and states when that person will take over.
Worry ifBy its next quarterly results, Q2 has not named a CFO successor. Or Price leaves the CFO role without a named replacement.
Why it matters: Subscription ARR grew 13.5% in Q3, while sector growth has eased. A steady or higher rate would support Q2's growth story.
Watch forSubscription ARR grows at least 13.5% year over year in the next reported quarter.
Also watch forSubscription ARR growth falls below 13.5% year over year in the next reported quarter.
Why it matters: Q2 raised its full-year revenue view after Q3 beat its guidance. A Q4 result below the guided range would weaken that growth signal.
Worry ifQ4 revenue is below $226 million, the low end of Q2's $226 million to $230 million guidance.
Less concerning ifQ4 revenue is at least $226 million and full-year revenue is within the $888 million to $892 million guide.
Why it matters: Q3 set a record adjusted EBITDA margin of 30 percent. A Q4 result below guidance would break the profit growth trend.
Worry ifQ4 adjusted EBITDA is below $62.4 million, the low end of Q2's guide.
Less concerning ifQ4 adjusted EBITDA is at least $62.4 million. Full-year adjusted EBITDA is within the $253 million to $256 million guide.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$137 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $430 loss on $10,000 · 4.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,424 loss on $10,000 · 44.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.