Model N, Inc. (MODN)

NYSE: MODN · IEX Real-Time Price · USD
33.09
+0.06 (0.18%)
Mar 30, 2023, 2:27 PM EDT - Market open
0.18%
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]

Sector Technology
IPO Date Mar 20, 2013
Employees 1,035
Stock Exchange NYSE
Ticker Symbol MODN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$48.45
(46.42% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

1 week ago - Business Wire

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 ...

1 week ago - Business Wire

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...

3 weeks ago - Business Wire

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...

3 weeks ago - Business Wire

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 ...

1 month ago - Business Wire

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.

Other symbols: BLKBCNXNMMATZFOX
1 month ago - Benzinga

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...

1 month ago - GuruFocus

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.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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 ...

2 months ago - Business Wire

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...

Other symbols: ASMLAVGOFNNETONTYL
2 months ago - InvestorPlace

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...

2 months ago - Business Wire

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.

Other symbols: AMXEGANRELL
2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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.

3 months ago - Zacks Investment Research

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.

Other symbols: EGANHLITZS
3 months ago - Zacks Investment Research

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.

3 months ago - Zacks Investment Research

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.

Other symbols: CLFDFLEXHLITPLXS
3 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research