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 |