E2open Parent Holdings Likely To Report Lower Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

E2open Parent Holdings, Inc. ETWO is expected to report its fiscal first quarter 2024 financial results after the closing bell on July 10, 2023.

Analysts expect the company to post quarterly earnings at 5 cents per share, down from year-ago earnings of 7 cents per share. The company’s revenue might come in at $160.62 million.

E2open Parent Holdings shares fell 2.6% to close at $5.35 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Credit Suisse analyst Fred Lee upgraded the stock from Underperform to Neutral and cut the price target from $5.5 to $5 on May 3, 2023. This analyst sees around 7% downside in the company’s stock and has an accuracy rate of 63%.
• B of A Securities analyst Andrew Obin downgraded the stock from Buy to Underperform and cut the price target from $8 to $5 on May 2, 2023. This analyst sees around 7% downside in the company’s stock and has an accuracy rate of 71%.
• Redburn Partners analyst Alexander Haissel initiated coverage on the stock with Buy rating on Dec. 16, 2022. This analyst has an accuracy rate of 64%.

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