Upland Software (NASDAQ:UPLD) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Upland Software (NASDAQ:UPLD) posted its quarterly earnings results on Thursday. The software maker reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.13, FiscalAI reports. Upland Software had a negative net margin of 18.43% and a negative return on equity of 89.19%. The business had revenue of $50.53 million during the quarter, compared to analysts’ expectations of $49.86 million. Upland Software updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Upland Software Trading Down 6.5%

Shares of NASDAQ UPLD traded down $0.12 during midday trading on Friday, reaching $1.72. The company’s stock had a trading volume of 293,760 shares, compared to its average volume of 139,882. The stock has a market capitalization of $49.48 million, a price-to-earnings ratio of 2.49 and a beta of 1.19. Upland Software has a fifty-two week low of $1.62 and a fifty-two week high of $5.64. The stock has a 50 day simple moving average of $2.35 and a 200-day simple moving average of $2.22.

Insider Activity

In related news, CEO John T. Mcdonald sold 14,438 shares of Upland Software stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $2.36, for a total transaction of $34,073.68. Following the completion of the transaction, the chief executive officer owned 2,452,125 shares in the company, valued at approximately $5,787,015. This trade represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 14.80% of the company’s stock.

Hedge Funds Weigh In On Upland Software

A number of hedge funds have recently bought and sold shares of UPLD. Evergreen Capital Management LLC acquired a new position in Upland Software during the 2nd quarter worth approximately $122,000. Russell Investments Group Ltd. grew its stake in shares of Upland Software by 2,534.9% during the second quarter. Russell Investments Group Ltd. now owns 31,750 shares of the software maker’s stock worth $62,000 after buying an additional 30,545 shares during the last quarter. XTX Topco Ltd increased its holdings in shares of Upland Software by 63.5% during the second quarter. XTX Topco Ltd now owns 28,797 shares of the software maker’s stock worth $56,000 after buying an additional 11,187 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Upland Software by 697.1% in the 1st quarter. NewEdge Advisors LLC now owns 11,940 shares of the software maker’s stock valued at $34,000 after acquiring an additional 10,442 shares during the last quarter. 77.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Craig Hallum raised Upland Software from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a research note on Friday, August 1st. Wall Street Zen downgraded Upland Software from a “buy” rating to a “hold” rating in a report on Sunday, August 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Upland Software in a research note on Wednesday, October 8th. Finally, Needham & Company LLC upgraded shares of Upland Software from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $4.00.

About Upland Software

Upland Software, Inc, together with its subsidiaries, provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally. It offers software applications that enable organizations to plan, manage and execute projects, and work in the areas of marketing, sales, contact center, knowledge management, project management, information technology, business operations, human resources, and legal.