Coupa Software Incorporated provides cloud-based business spend management platform. Its platform connects organizations with suppliers globally; and provides visibility into and control over how companies spend money, optimize supply chains, and manage liquidity, as well as enables businesses to achieve savings that drive profitability. The company's platform consists of procurement, invoicing, expense management, and payment modules that form the transactional engine for managing a company's business spend; and offers specialized modules, including strategic sourcing, contract management, contingent workforce, supplier risk management, supply chain design and planning, treasury management, and spend analysis. Its customers include businesses in various industries, including healthcare and pharmaceuticals, retail, financial services, manufacturing, and technology. The company markets its platform primarily through a direct sales force. Coupa Software Incorporated has a strategic partnership with Japan Cloud Computing L.P to establish a joint venture, Coupa K.K. The company was incorporated in 2006 and is headquartered in San Mateo, California.
IPO Year: 2016
Exchange: NASDAQ
Website: coupa.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2022 | Neutral → Outperform | SMBC Nikko | |
| 10/20/2022 | $67.00 → $55.00 | Neutral → Underweight | Piper Sandler |
| 9/23/2022 | $60.00 | Underperform | Credit Suisse |
| 9/1/2022 | $77.00 | Buy | Citigroup |
| 8/22/2022 | $65.00 → $55.00 | Sector Perform → Underperform | RBC Capital Mkts |
| 5/20/2022 | $75.00 | Neutral | DA Davidson |
| 5/12/2022 | $83.00 → $64.00 | Neutral → Sell | Goldman |
| 4/7/2022 | $75.00 → $140.00 | In-line → Outperform | Evercore ISI |
| 3/15/2022 | Outperform → Perform | Oppenheimer | |
| 3/15/2022 | $230.00 → $70.00 | Overweight → Neutral | Piper Sandler |
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Harbor brings three decades of experience to lead the company's global partner ecosystem strategy FOSTER CITY, Calif., April 8, 2024 /PRNewswire/ -- Coupa, the leading AI-driven platform that helps you operate smarter and grow faster, today announced Greg Harbor as its new Chief Partner Officer. Harbor will be responsible for scaling Coupa's partner ecosystem and channels to deliver additional growth, support, and innovations for the company's global community. Harbor brings a wealth of expertise in technology and management consulting to Coupa. He has a distinguished track re
Coupa's annual Strategic CFO survey reveals growing tension of driving growth opportunities amidst AI's potential and disaggregated data issues FOSTER CITY, Calif., April 3, 2024 /PRNewswire/ -- Despite nearly half of CFOs (45%) saying they plan to invest in AI to drive growth this year, nearly double (89%) have doubts about their company's ability to successfully implement an AI strategy. CFOs have had to make tough choices in the last year and a new global CFO survey from Coupa finds that many are still wrestling with economic uncertainty and complexity as they look to the f
Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced the expansion of its executive leadership team with the appointment of two accomplished leaders with deep experience and expertise in the enterprise software industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240102305605/en/Tekion appoints new CFO, Jacob Shulman (pictured left), and CRO, Rob Glenn (pictured right). (Photo: Business Wire) Jacob Shulman, former CFO for JFrog and Mellanox Technologies has been named Chief Financial Officer Rob Glenn, former CRO and Head of Alliances for Coupa Software has
Sends Letter to Masimo Shareholders and Files Definitive Proxy Materials Encourages Shareholders to Help Fix Masimo's Broken Corporate Governance by Voting for Politan Nominees Michelle Brennan and Quentin Koffey on the BLUE Card Visit www.AdvanceMasimo.com for Additional Information Politan Capital Management (together with its affiliates, "Politan"), a 9% shareholder of Masimo Corporation ("Masimo" or the "Company") (NASDAQ:MASI), today sent a letter to the Company's shareholders outlining why independent oversight and greater accountability is urgently needed on the Masimo Board. Politan also filed definitive proxy materials in connection with Masimo's Annual Meeting of Stockholder
Nominees Michelle Brennan and Quentin Koffey Bring Relevant Industry Experience, a Focus on Profitable Growth and Shareholder Alignment to a Board in Need of Independent Oversight Visit www.AdvanceMasimo.com for Additional Information Politan Capital Management (together with its affiliates, "Politan"), a 9% shareholder of Masimo Corporation ("Masimo" or the "Company") (NASDAQ:MASI), today announced that it has nominated two candidates for election to the Masimo Board of Directors (the "Board") at the upcoming 2023 Annual Meeting of Stockholders (the "Annual Meeting"), which is currently scheduled for June 26, 2023. Politan's nominees are: Michelle Brennan, a former senior executiv
SAN MATEO, Calif., Feb. 28, 2023 /PRNewswire/ -- Coupa Software, a leader in Business Spend Management (BSM), today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $8.0 billion. The transaction includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The agreement to be acquired was previously announced on December 12, 2022, and approved by Coupa stockholders at Coupa's Special Meeting of Stockholders held on February 23, 2023.
Electric vehicle automaker plugs into Coupa's BSM platform to power savings through strategic sourcing and efficient procurement operations SAN MATEO, Calif., Feb. 8, 2023 /PRNewswire/ -- At a time when businesses globally are focused on improving operational costs, electric vehicle designer and manufacturer Rivian has fueled its business with Coupa Software's (NASDAQ:COUP) Business Spend Management (BSM) Platform. In one year, Illinois-based Rivian leveraged the Coupa platform to save more than $200 million in smarter purchasing, planning, and business execution. Those dollar
Coupa's inaugural survey reveals a majority of supply chain decision-makers don't anticipate supply chain issues improving in the coming year SAN MATEO, Calif., Feb. 1, 2023 /PRNewswire/ -- Disruption and uncertainty have become the new normal for the global supply chain. A majority (82%) of supply chain leaders anticipate challenges will worsen or stay the same during the next 6 to 12 months according to new survey data from Coupa Software (NASDAQ:COUP), the leader in Business Spend Management (BSM). During 2022, more than 4 in 5 organizations experienced at least one signifi
New solution puts employee expense reporting in the express lane SAN MATEO, Calif., Jan. 24, 2023 /PRNewswire/ -- Coupa Software (NASDAQ:COUP), a leader in Business Spend Management (BSM), and Uber for Business, Uber's enterprise arm, today announced a new collaboration to significantly enhance end-user experiences and compliance with expense policies. The integration will be available in February. Coupa is the first BSM platform to utilize Uber for Business' Receipts API for expense automation. Through Uber for Business' Receipts API, Coupa automatically will generate expense
Business leaders from around the world set to come together to ensure every business dollar spent is more effective and sustainable SAN MATEO, Calif., Jan. 10, 2023 /PRNewswire/ -- Earvin "Magic" Johnson and Coupa Software (NASDAQ:COUP) are forming the next dream team. The three-time NBA MVP, entrepreneur, and philanthropist will keynote Coupa Inspire, the flagship global business spend management (BSM) community event. This year, Inspire will focus on the ways in which organizations can accelerate performance across their company while, at the same time, unlocking purpose in
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SMBC Nikko upgraded Coupa Software from Neutral to Outperform
Piper Sandler downgraded Coupa Software from Neutral to Underweight and set a new price target of $55.00 from $67.00 previously
Credit Suisse initiated coverage of Coupa Software with a rating of Underperform and set a new price target of $60.00
Citigroup initiated coverage of Coupa Software with a rating of Buy and set a new price target of $77.00
RBC Capital Mkts downgraded Coupa Software from Sector Perform to Underperform and set a new price target of $55.00 from $65.00 previously
DA Davidson initiated coverage of Coupa Software with a rating of Neutral and set a new price target of $75.00
Goldman downgraded Coupa Software from Neutral to Sell and set a new price target of $64.00 from $83.00 previously
Evercore ISI upgraded Coupa Software from In-line to Outperform and set a new price target of $140.00 from $75.00 previously
Oppenheimer downgraded Coupa Software from Outperform to Perform
Piper Sandler downgraded Coupa Software from Overweight to Neutral and set a new price target of $70.00 from $230.00 previously
Harbor brings three decades of experience to lead the company's global partner ecosystem strategy FOSTER CITY, Calif., April 8, 2024 /PRNewswire/ -- Coupa, the leading AI-driven platform that helps you operate smarter and grow faster, today announced Greg Harbor as its new Chief Partner Officer. Harbor will be responsible for scaling Coupa's partner ecosystem and channels to deliver additional growth, support, and innovations for the company's global community. Harbor brings a wealth of expertise in technology and management consulting to Coupa. He has a distinguished track re
Well-rounded software executive with more than 20 years of experience in B2B to join Board CHICAGO, July 15, 2022 /PRNewswire/ -- Donnelley Financial Solutions (NYSE:DFIN), a leading provider of risk and compliance solutions, is pleased to announce the appointment of Chandar Pattabhiram, Chief Marketing Officer for Coupa Software, Inc. (NASDAQ:COUP), to its board of directors. Pattabhiram will stand for election at the company's 2023 annual meeting and will serve on the board's compensation committee. In connection with the appointment of Pattabhiram to the board, the Company also increased the size of the board to nine members effective as of July 14, 2022.
Raj Batra, President of Siemens' Digital Industries US, Brings 20+ Years of Industrial Experience Leslie C. G. Campbell to Assume Role as Chair of the Board Shapeways, Inc. (NYSE:SHPW) ("Shapeways") a leader in the large and fast-growing digital manufacturing industry, announced today that Raj Batra has been appointed to the Company's Board of Directors ("Board") as an independent director, subject to the receipt of all applicable regulatory approvals. With 20+ years of experience in industrial automation and digitalization, Mr. Batra currently serves as President of Digital Industries (DI) for Siemens USA, where he guides the DI strategy and engagement and oversees all sales, marketing,
Shapeways, Inc. (NYSE:SHPW) ("the Company"), a leader in the large and fast-growing digital manufacturing industry, announced today the appointment of Leslie C. G. Campbell to the Company's Board of Directors. Ms. Campbell will serve as an independent member of the Board, and as chair of the Compensation committee as well as a member of the Nominating and Corporate Governance committee. "Following Shapeways' recent listing on the NYSE, we are pleased to welcome Leslie to our board of directors as we continue to build a best in class company with strong governance," said Greg Kress, the Company's Chief Executive Officer. "Leslie is an accomplished business leader with more than 30 years of
SAN MATEO, Calif., July 15, 2021 /PRNewswire/ -- Coupa Software (NASDAQ:COUP), a leader in Business Spend Management (BSM), today released its inaugural Environmental, Social, and Governance (ESG) Report. In the report, the company communicates its approach to advancing ESG within Coupa, as well as how it is empowering its global community of customers to deliver ESG impact through Business Spend Management. Coupa's core values and general philosophy that none of us is as smart as all of us is a foundational element of the company's approach to ESG, as well as its community o
Seasoned technology veteran brings extensive experience driving technology disruption as company expands its leadership in the digital experience market Leading digital experience platform provider, Optimizely (formerly Episerver), today announced the appointment of Donna Wilczek to its board of directors effective immediately. Wilczek will join the board as the first independent director. A seasoned technology veteran with over 20 years of industry experience, Wilczek currently serves as the senior vice president of product strategy and innovation at Coupa Software (NASDAQ:COUP), a global leader in business spend management. In her time at Coupa, Wilczek has helped the company scale from
SAN MATEO, Calif., June 7, 2021 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in Business Spend Management, today announced the appointment of Todd Ford to president of finance and operations. In addition, Tony Tiscornia was promoted to chief financial officer (CFO), reporting to Ford. Both positions are effective immediately. Ford, who has been CFO since May 2015, led the company through its successful IPO in October 2016 and scaled the Finance function through a period of rapid growth as Coupa's revenue grew over 10x during that time. In his new role, Ford will continue to lead Coupa's Global Finance and Operations teams as well as oversee strategic global initiatives for the co
Quarterly Subscription Revenues of $198 Million, 20% Year-Over-Year Growth Quarterly Revenues of $217 Million, 17% Year-Over-Year Growth Quarterly Subscription Calculated Billings of $206 Million, 20% Year-Over-Year Growth Quarterly Operating Cash Flows and Adjusted Free Cash Flows of $71 Million and $66 Million, Respectively Enters into Definitive Agreement to be Acquired by Thoma Bravo for $8.0 Billion SAN MATEO, Calif., Dec. 12, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) today announced financial results for its third fiscal quarter ended October 31, 2022. Third Qua
Coupa Shareholders to Receive $81 Per Share in Cash Represents a 77% Premium to the Unaffected Stock Price SAN MATEO, Calif., Dec. 12, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP), a leader in Business Spend Management (BSM), today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm. This is an all-cash transaction with an enterprise value of $8.0 billion. Upon completion of the transaction, Coupa will become a privately held company. The transaction includes a significant minority investment from a w
SAN MATEO, Calif., Nov. 8, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) announced that it will hold its quarterly conference call to discuss its fiscal third quarter 2023 financial results on Monday, December 12, 2022, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast of the earnings call can be accessed at the Coupa Investor Relations website (http://investors.coupa.com). A replay of the webcast will be available through the same link following the completion of the conference call. The earnings release will be accessible at the Coupa Investor Relation
Record Quarterly Subscription Revenues of $193 Million, 23% Year-Over-Year GrowthRecord Quarterly Revenues of $211 Million, 18% Year-Over-Year GrowthQuarterly Subscription Calculated Billings of $217 Million, 25% Year-Over-Year GrowthQuarterly Operating Cash Flows and Adjusted Free Cash Flows of $29 Million and $25 Million, RespectivelyAnnounces Board of Directors Authorized $100 Million Share Repurchase ProgramSAN MATEO, Calif., Sept. 6, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) today announced financial results for its second fiscal quarter ended July 31, 2022. "We'r
SAN MATEO, Calif., Aug. 4, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) announced that it will hold its quarterly conference call to discuss its fiscal second quarter 2023 financial results on Tuesday, September 6, 2022, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast of the earnings call can be accessed at the Coupa Investor Relations website (http://investors.coupa.com). A replay of the webcast will be available through the same link following the completion of the conference call. The earnings release will be accessible at the Coupa Investor Relati
Record Quarterly Subscription Revenues of $178 Million, 27% Year-Over-Year GrowthRecord Quarterly Revenues of $196 Million, 18% Year-Over-Year GrowthQuarterly Calculated Billings of $188 Million, 26% Year-Over-Year GrowthQuarterly Operating Cash Flows and Adjusted Free Cash Flows of $50 Million and $46 Million, RespectivelySAN MATEO, Calif., June 6, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) today announced financial results for its first fiscal quarter ended April 30, 2022. "We began the fiscal year strong by delivering record quarterly total revenue and subscription r
SAN MATEO, Calif., May 5, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) announced that it will hold its quarterly conference call to discuss its fiscal first quarter 2023 financial results on Monday, June 6, 2022, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast of the earnings call can be accessed at the Coupa Investor Relations website (http://investors.coupa.com). A replay of the webcast will be available through the same link following the completion of the conference call. The earnings release will be accessible at the Coupa Investor Relations webs
SAN MATEO, Calif., Feb. 4, 2022 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) announced that it will hold its quarterly conference call to discuss its fiscal fourth quarter 2022 financial results on Monday, March 14, 2022, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast of the earnings call can be accessed at the Coupa Investor Relations website (http://investors.coupa.com). A replay of the webcast will be available through the same link following the completion of the conference call. The earnings release will be accessible at the Coupa Investor Relations
SAN MATEO, Calif., Dec. 6, 2021 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) today announced financial results for its third fiscal quarter ended October 31, 2021. "We delivered another strong quarter with record revenue and profitability," said Rob Bernshteyn, chairman and chief executive officer at Coupa. "As demonstrated by our third quarter results, we are seeing strong adoption of the Coupa platform as our customers continue to prioritize Business Spend Management as a fundamental aspect of their go-forward strategy. With the fourth quarter well under way, we continue to
SAN MATEO, Calif., Nov. 4, 2021 /PRNewswire/ -- Coupa Software (NASDAQ:COUP) announced that it will hold its quarterly conference call to discuss its fiscal third quarter 2022 financial results on Monday, December 6, 2021, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast of the earnings call can be accessed at the Coupa Investor Relations website (http://investors.coupa.com). A replay of the webcast will be available through the same link following the completion of the conference call. The earnings release will be accessible at the Coupa Investor Relation
Electric vehicle automaker plugs into Coupa's BSM platform to power savings through strategic sourcing and efficient procurement operations SAN MATEO, Calif., Feb. 8, 2023 /PRNewswire/ -- At a time when businesses globally are focused on improving operational costs, electric vehicle designer and manufacturer Rivian has fueled its business with Coupa Software's (NASDAQ:COUP) Business Spend Management (BSM) Platform. In one year, Illinois-based Rivian leveraged the Coupa platform to save more than $200 million in smarter purchasing, planning, and business execution. Those dollars are serving Rivian as an engine for investment throughout the company. "In the past two years, we've saved more
The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Coupa Software Incorporated (NASDAQ:COUP) Canaccord Genuity recently downgraded Coupa Software from Buy to Hold and lowered the price target from $100 to $81. The com
Tech stocks just had their annus horribilis. The sell-off in the space was so indiscriminate that most shed billions or millions from their market capitalizations. The tech-heavy Nasdaq Composite Index has lost almost twice as much as the broader S&P 500 Index, underlining the skewed nature of the market sell-off toward the tech space. Falling Off The Cliff: The economy did have a part in the tech meltdown, but it alone cannot be squarely blamed. Tech stocks were on an extended run between 2016 and 2021, pushing valuations of many equities to unsustainable levels, Christopher Baggini, global head of equity strategy of JPMorgan Asset & Wealth Management, said in a note. See Also: Best Tec
Upgrades According to DA Davidson, the prior rating for Helen Of Troy Ltd (NASDAQ:HELE) was changed from Neutral to Buy. Helen Of Troy earned $2.27 in the second quarter, compared to $2.65 in the year-ago quarter. The current stock performance of Helen Of Troy shows a 52-week-high of $249.08 and a 52-week-low of $82.94. Moreover, at the end of the last trading period, the closing price was at $97.25. See all analyst ratings upgrades. Downgrades For Nkarta Inc (NASDAQ:NKTX), Oppenheimer downgraded the previous rating of Outperform to Perform. In the third quarter, Nkarta showed an EPS of $0.58, compared to $0.68 from the year-ago quarter. The stock has a 52-week-high of $20.35 and a 52-wee
Canaccord Genuity analyst Joseph Vafi downgrades Coupa Software (NASDAQ:COUP) from Buy to Hold and lowers the price target from $100 to $81.
BMO Capital analyst Daniel Jester maintains Coupa Software (NASDAQ:COUP) with a Market Perform and raises the price target from $72 to $81.
Tech stocks have been among the worst performers in the current market downturn and investors are hoping that the new year will bring a reversal in sentiment. Against this backdrop, Wedbush analyst Daniel Ives outlined his Christmas wish list for the sector. 1. Abounding M&A News Flow: Ives said the tech sector is ripe for a massive consolidation phase, both on the enterprise and consumer side. A surge in M&A is likely, given depressed valuations for tech names and a strong appetite for strategic and financial buyers, he added. A foretaste of what is to come on the front was seen when Coupa Software Inc. (NASDAQ:COUP) recently announced an $8 billion deal to be bought by tech-focused pri
The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Coupa Software Incorporated (NASDAQ:COUP) Coupa Software recently entered an agreement to be acquired by Thoma Bravo for $81 per share in cash.. The company’s stock h
Citigroup downgraded its rating of Coupa Software (NASDAQ:COUP) to Neutral with a price target of $81.00, changing its price target from $66.00 to $81.00. Shares of Coupa Software are trading up 0.09% over the last 24 hours, at $78.67 per share. A move to $81.00 would account for a 2.96% increase from the current share price. About Coupa Software Coupa Software is a cloud-based provider of business spending management, or BSM, solutions. Coupa's BSM platform provides visibility into all spend, allowing companies to gain control over their spending, optimize their supplier network and supply chains, and manage liquidity. The platform's transactional core consists of procurement, invoicing, ex
Upgrades Wolfe Research upgraded the previous rating for EQT Corp (NYSE:EQT) from Peer Perform to Outperform. EQT earned $1.04 in the third quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $51.97 and a 52-week-low of $19.20. EQT closed at $37.11 at the end of the last trading period. For Lennar Corp (NYSE:LEN), Barclays upgraded the previous rating of Equal-Weight to Overweight. At the moment, the stock has a 52-week-high of $117.54 and a 52-week-low of $62.54. Lennar closed at $90.59 at the end of the last trading period. According to Barclays, the prior rating for PulteGroup Inc (NYSE:PHM) was changed from Equal-Weight to Overweight.