$ETWO Part 1: E2open Parent is a cloud-based management platform.
The company's activity combines networks, data, and applications to provide a platform for tasks. The company enables customers to optimize the activity chain across channel design, business planning, logistics, global trade, manufacturing, and supply management.
On 10/13/21, the company published earnings, where the company managed to beat estimates on profit but missed on earnings per share.
It is important to note that this is a new company established in 2020.
The growth forecast for next year stands at about 275%! *The company is expected to be profitable as early as 2023.
What particularly interested us: The attached review photo shows massive insider purchases recently, including: the company's CEO and CFO!
Analyst coverage: On 09/30/21, Bank of America gives the stock a price target of $14.
Additionally: a senior analyst from Loop Capital - $16.
Current price: $12.24 Market cap: $4.16 billion. Risk level: medium/high. Company name: E2open Parent Holdings, Inc.
Continuation and technical analysis in the next post: