Model N, Inc. (MODN)
| Market Cap | 1.25B |
| Revenue (ttm) | 226.78M |
| Net Income (ttm) | -26.42M |
| Shares Out | 37.73M |
| EPS (ttm) | -0.72 |
| PE Ratio | n/a |
| Forward PE | 120.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 138,995 |
| Open | 33.14 |
| Previous Close | 33.03 |
| Day's Range | 32.76 - 33.43 |
| 52-Week Range | 20.95 - 43.18 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 48.45 (+46.42%) |
| Earnings Date | May 8, 2023 |
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... [Read more]
Financial Performance
In 2022, Model N's revenue was $219.16 million, an increase of 13.30% compared to the previous year's $193.45 million. Losses were -$28.64 million, -3.71% less than in 2021.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for MODN stock is "Buy." The 12-month stock price forecast is $48.45, which is an increase of 46.42% from the latest price.
News
Model N to Ring Opening Bell at New York Stock Exchange on March 24, 2023
SAN MATEO, Calif.--(BUSINESS WIRE)-- #IPOAnniversary--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, will celebrate its 10th anniversary as a public company by ringing ...
New Model N Study Finds Quality Channel Data Management Drives Performance
SAN MATEO, Calif.--(BUSINESS WIRE)-- #ModelN--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today released a new commissioned study by Forrester Consulting that shows ...
Model N Prices Offering of $220.0 Million of 1.875% Convertible Senior Notes Due 2028
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), a leading provider of cloud revenue management solutions for life sciences and high tech companies, announced today the pricing of its o...
Model N Announces Proposed Offering of $220.0 Million of Convertible Senior Notes Due 2028
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), a leading provider of cloud revenue management solutions for life sciences and high tech companies, announced today that it intends to o...
Model N Management to Present at the JMP Securities Technology Conference
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today announced that Jason Blessing, Chief Executive Officer, and John Ederer, Chief ...
Top 5 Tech Stocks That Are Preparing To Pump In February - Blackbaud (NASDAQ:BLKB), PC Connection (NASDAQ:CNXN)
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Model N: A Lesser-Known Software Company With a Bright Future
Model N Inc. ( MODN , Financial) has seen its market value rise more than 32% in the last 12 months despite the difficult economic climate for many software companies. This growth can be attributed to...
Model N (MODN) Beats Q1 Earnings Estimates on Higher Revenues
Solid contribution from subscription business helps Model N (MODN) surpass first-quarter fiscal 2023 earnings estimates.
Model N (MODN) Q1 Earnings and Revenues Top Estimates
Model N (MODN) delivered earnings and revenue surprises of 4.55% and 2.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Model N Announces First Quarter Fiscal Year 2023 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 first quarter of fiscal year 2023 ended Dece...
Executives Identify Technology and Digital Transformation as the #1 Way to Bolster Innovation Amidst Challenging Market Conditions
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today announced the results of its fifth annual State of Revenue Report. The report c...
Model N Announces State of Revenue Webinars for Life Sciences and High-Tech Industries
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, today announced its upcoming State of Revenue webinars on February 7 at 11 a.m. ET ...
7 Tech Stocks to Buy as a New Bull Market Emerges
The nearer we get to a market turnaround, the more investors look for tech stocks to buy. Many growth investors know that the same cyclicality that pummeled tech shares last year will lift them once t...
Model N Announces Date of First Quarter Fiscal Year 2023 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Model N, Inc. (NYSE: MODN), the leader in revenue optimization and compliance, plans to announce financial results for the first quarter of fiscal year 2023 after...
4 Low-Beta Tech Stocks to Hedge Against a Volatile Market
Investors can consider adding four low-beta tech stocks like AMX, MODN, RELL and EGAN in their portfolios to hedge against a highly-volatile market.
Model N, Inc. (MODN) Hit a 52 Week High, Can the Run Continue?
Model N (MODN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Why Model N (MODN) is a Healthy Investment Bet Right Now
With healthy fundamentals and upward estimate revisions, Model N (MODN) appears to be an enticing investment option at the moment.
What Makes Model N (MODN) a Strong Momentum Stock: Buy Now?
Does Model N (MODN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Combat Market Volatility With These 4 Low-Beta Stocks
Investors can consider adding four low-beta tech stocks like ZS, MODN, HLIT and EGAN in their portfolios to hedge against a highly-volatile market environment.
Model N, Inc. (MODN) Soars to 52-Week High, Time to Cash Out?
Model N (MODN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
5 Tech Stocks That Survived Nasdaq's Bloodbath This Year
Flex (FLEX), Plexus (PLXS), Model N (MODN), Clearfield (CLFD) and Harmonic (HLIT) have survived the mayhem and appear poised for a healthy growth momentum in 2023.
Model N (MODN) Is Up 0.34% in One Week: What You Should Know
Does Model N (MODN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here's Why Model N (MODN) is a Promising Portfolio Pick
With healthy fundamentals and upward estimate revisions, Model N (MODN) appears to be an enticing investment option at the moment.
Why Model N (MODN) is a Top Momentum Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Is Model N (MODN) Outperforming Other Computer and Technology Stocks This Year?
Here is how Model N (MODN) and Impinj (PI) have performed compared to their sector so far this year.