Stocktoria
Q2 Holdings, Inc. QTWO
Q2 Holdings, Inc. (QTWO) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $794.8M at a 6.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.79 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-22 | JP Morgan | Overweight (main) |
| 2026-06-01 | DA Davidson | Buy (main) |
| 2026-05-04 | DA Davidson | Buy (main) |
| 2026-04-30 | JP Morgan | Overweight (main) |
| 2026-04-30 | Needham | Buy (reit) |
| 2026-04-28 | DA Davidson | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.009 |
| Retained earnings / assets | -0.48 |
| EBIT / assets | 0.031 |
| Equity / liabilities | 1.077 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| QTWO | Q2 Holdings, Inc. | 6/9 | -0.16 | 57.7 | +14.1% |
| ASAN | Asana, Inc. | 4/9 | -8.92 | — | +9.2% |
| COUR | Coursera, Inc. | 5/9 | 1.89 | — | +9% |
| BAND | Bandwidth Inc. | 5/9 | 0.7 | — | +0.7% |
| SPSC | SPS COMMERCE INC | 6/9 | 8.11 | 23.2 | +17.8% |
| VERX | Vertex, Inc. | 7/9 | 0.09 | 267.9 | +12.2% |
| BRZE | Braze, Inc. | 3/9 | -0.77 | — | +24.4% |
About Q2 Holdings, Inc.
Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels; and risk and fraud solutions that are designed to support financial institutions' efforts to protect end users, comply with regulatory requirements and manage fraud risk efficiently. It also provides Q2 Innovation Studio, an application program interface and software development kit based open technology platform that allows financial institution customers, FinTechs, and other partners to deploy customized experiences and financial services to end users; and Helix, a cloud-native, real-time core processing platform that combines the services and functionality for companies and financial institutions. In addition, the company offers digital lending and relationship pricing solutions that support financial institutions, FinTechs and Alt-FIs in managing lending workflows, pricing strategies and customer relationships across commercial and consumer use cases, as well as offers loans, deposits and fee-based products. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.
FAQ
Is QTWO financially healthy?
Q2 Holdings, Inc.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does QTWO pay a dividend?
No, Q2 Holdings, Inc. does not currently pay a dividend.
How profitable is QTWO?
In FY2025, Q2 Holdings, Inc. had a net margin of 6.5% and a return on equity of 7.9%.
What is QTWO's P/E ratio?
Q2 Holdings, Inc.'s trailing price-to-earnings (P/E) ratio is about 57.7×, based on its latest annual earnings.
What is the analyst price target for QTWO?
The average Wall-Street price target for Q2 Holdings, Inc. is $72.18, about 15.4% above the recent price, from 11 analysts (consensus: buy).
Is QTWO a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Q2 Holdings, Inc.: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone, a P/E of about 57.7×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.