Model N, Inc. (MODN)

NYSE: MODN · IEX Real-Time Price · USD
21.94
-1.14 (-4.94%)
May 18, 2022 4:00 PM EDT - Market closed
Market Cap807.92M
Revenue (ttm)207.34M
Net Income (ttm)-28.20M
Shares Out36.82M
EPS (ttm)-0.86
PE Ration/a
Forward PE120.48
Dividendn/a
Ex-Dividend Daten/a
Volume237,074
Open22.77
Previous Close23.08
Day's Range21.66 - 22.81
52-Week Range21.66 - 39.99
Beta0.96
AnalystsBuy
Price Target40.80 (+86.0%)
Earnings DateMay 10, 2022

About MODN

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and ot...

IndustrySoftware
IPO DateMar 20, 2013
CEOJason Blessing
Employees982
Stock ExchangeNYSE
Ticker SymbolMODN
Full Company Profile

Financial Performance

In 2021, Model N's revenue was $193.45 million, an increase of 20.11% compared to the previous year's $161.06 million. Losses were -$29.74 million, 117.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for MODN stock is "Buy." The 12-month stock price forecast is 40.8, which is an increase of 85.96% from the latest price.

Price Target
$40.8
(85.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Model N Spring 2022 Product Release Brings New Channel Efficiencies for High-Tech and Enhanced Automation and Complia...

SAN MATEO, Calif.--(BUSINESS WIRE)-- #ModelN--Model N, Inc. (NYSE: MODN), a leader in revenue optimization and compliance, today announced the Spring 2022 product release of the Model N Revenue Cloud. T...

1 day ago - Business Wire

Model N CEO to Participate at the JP Morgan 50th Annual Global Technology, Media & Communications Conference

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (MODN), a leader in revenue optimization and compliance, today announced that Jason Blessing, Chief Executive Officer, will present at the JP Morgan 50t...

3 days ago - Business Wire

Model N (MODN) Tops Q2 Earnings Estimates on Revenue Growth

Healthy momentum in SaaS helps Model N (MODN) to beat second-quarter fiscal 2022 earnings estimates.

1 week ago - Zacks Investment Research

Model N (MODN) Q2 Earnings and Revenues Surpass Estimates

Model N (MODN) delivered earnings and revenue surprises of 100% and 3.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Model N Announces Second Quarter Fiscal Year 2022 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced financial results for the second quarter fiscal year 2022 ended March 31...

1 week ago - Business Wire

Model N Announces Date of Second Quarter Fiscal Year 2022 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (MODN), a leader in revenue optimization and compliance, plans to announce financial results for the second quarter of fiscal year 2022 after market clo...

1 month ago - Business Wire

Model N Completes Rainmaker22: Largest Virtual Conference Reporting on the Outlook for Revenue Optimization and Compl...

SAN MATEO, Calif.--(BUSINESS WIRE)-- #MNRainmaker22--Model N, Inc. (NYSE: MODN), a leader in revenue optimization and compliance, concluded Rainmaker22 last week, its 18th annual thought leadership and ...

1 month ago - Business Wire

New Model N Executive Report Places Technology as Central to Solving Revenue Management Issues in 2022

SAN MATEO, Calif.--(BUSINESS WIRE)-- #breakingnews--Model N, Inc. (NYSE: MODN), a leader in cloud revenue management solutions, today announced the results of its fourth annual State of Revenue Report, ...

1 month ago - Business Wire

Why Is Model N (MODN) Down 6% Since Last Earnings Report?

Model N (MODN) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Model N Management to Present at the JMP Securities Technology Conference

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced that Jason Blessing, Chief Executive Officer, and John Ederer, Chief Fin...

2 months ago - Business Wire

Model N (MODN) Beats Earnings & Revenue Estimates in Q1

Model N (MODN) first-quarter fiscal 2022 results benefit from its foothold in the Life Sciences vertical and additional commitments for Software-as-a-Service transitions.

3 months ago - Zacks Investment Research

Model N (MODN) Surpasses Q1 Earnings and Revenue Estimates

Model N (MODN) delivered earnings and revenue surprises of 87.50% and 3.95%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Model N Announces First Quarter Fiscal Year 2022 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N Announces First Quarter Fiscal Year 2022 Financial Results

3 months ago - Business Wire

Analysts Estimate Model N (MODN) to Report a Decline in Earnings: What to Look Out for

Model N (MODN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Model N Announces New SaaS Solution for Pharmaceutical and Biotech Companies to Address State Price Transparency Mand...

SAN MATEO, Calif.--(BUSINESS WIRE)-- #SaaS--Model N, Inc. (NYSE: MODN), a leader in cloud revenue management, announced the general availability of its new SaaS solution for pharmaceutical and biotech c...

3 months ago - Business Wire

Alex Azar, Former Secretary of the U.S. Department of Health and Human Services, Keynotes Model N Rainmaker22

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced that Alex Azar, the 24th Secretary of the U.S. Department of Health and ...

3 months ago - Business Wire

Model N Announces Date of First Quarter Fiscal Year 2022 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Model N Announces Date of First Quarter Fiscal Year 2022 Financial Results

4 months ago - Business Wire

Model N Management to Participate in Baird Virtual Bus Tour

SAN MATEO, Calif.--(BUSINESS WIRE)--Baird Bus Tour

5 months ago - Business Wire

Model N Drives Continuous Innovation and New Operational Efficiencies With Fall 2021 Product Releases

SAN MATEO, Calif.--(BUSINESS WIRE)-- #IDCMarketScape--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced its Fall 2021 product release. The company's semi-annu...

6 months ago - Business Wire

Model N (MODN) Q4 Earnings & Revenues Top Estimates, Up Y/Y

Model N's (MODN) Q4 results benefit from strength in subscription revenue growth. The acquisition of Deloitte's Business Services unit contributes to the top line.

6 months ago - Zacks Investment Research

Model N (MODN) Q4 Earnings and Revenues Surpass Estimates

Model N (MODN) delivered earnings and revenue surprises of 80.00% and 1.69%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Earnings Preview: Model N (MODN) Q4 Earnings Expected to Decline

Model N (MODN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Model N Announces Date of Fourth Quarter and Fiscal Year 2021 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)---- $MODN #earnings--Model N Announces Date of Fourth Quarter and Fiscal Year 2021 Financial Results

7 months ago - Business Wire

IDC MarketScape Positions Model N as a Leader in B2B Price Optimization and Management Applications

SAN MATEO, Calif.--(BUSINESS WIRE)-- #IDCMarketScape--Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced that it has been positioned as a Leader in the IDC Mar...

7 months ago - Business Wire

7 Sagging Software Stocks That Are Ready to Rebound

These software stocks could rip higher as investors seek deals from out-of-favor firms in an already expensive market at all-time highs. The post 7 Sagging Software Stocks That Are Ready to Rebound appe...

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7 months ago - InvestorPlace