Upland Software to report Q4 earnings with expected decline in revenue, but strong AI growth potential.
From Nasdaq: 2025-03-11 13:45:00
Upland Software (UPLD) will announce fourth-quarter 2024 results on March 12. Revenue is expected between $65.9 million and $71.9 million, a 5% year-over-year decline. Analysts estimate fourth-quarter revenues at $68.06 million, down 5.71% year over year. UPLD stock has dropped 38% year-to-date, underperforming the sector and industry.
The consensus earnings estimate for UPLD is 24 cents per share, showing a 71.43% increase from the previous year. UPLD has beaten earnings estimates in three of the last four quarters, with an average surprise of 29.23%. Upland’s AI solutions are expected to drive growth in the fourth quarter of 2024.
Upland Software’s stock is trading at a discount with a Value Score of A. The forward 12-month Price/Sales ratio is 0.28X, lower than the industry average of 4.20X. Upland’s integration of AI into solutions like Panviva Sidekick aims to enhance customer experience in regulated industries.
UPLD’s expanding partnerships with Microsoft (MSFT) and Konica Minolta (KNCAY) are key growth drivers. Collaborations have led to the development of new AI-powered solutions and integrations with platforms like Microsoft Azure AI Search. These initiatives are expected to drive revenue growth in the fourth quarter.
Upland Software’s robust AI portfolio and expanding partnerships make it an attractive long-term investment. However, the planned runoff of Sunset asset revenue may impact financial performance. With a Zacks Rank #3 (Hold), investors should wait for a more favorable entry point to buy UPLD stock.
Read more at Nasdaq: Upland Gears Up to Report Q4 Earnings: Buy, Sell or Hold the Stock?
