Coupa Software Incorporated provides cloud-based business spend management platform that connects its customers with suppliers worldwide. The company provides visibility into and control over how companies spend money, optimize supply chains, and manage liquidity, as well as enables businesses to achieve savings that drive profitability. Based on the Coupa Software Incorporated stock forecasts from 18 analysts, the average analyst target price for Coupa Software Incorporated is USD 135.67 over the next 12 months. Coupa Software Incorporated’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Coupa Software Incorporated is Slightly Bearish, which is based on 4 positive signals and 6 negative signals. At the last closing, Coupa Software Incorporated’s stock price was USD 74.04. Coupa Software Incorporated’s stock price has changed by +7.63% over the past week, -2.60% over the past month and -68.72% over the last year.

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COUP:NSD (Coupa Software Incorporated)
Software-Application | NSD | Common Stock
Values as of 7th Jun, 2022
Stock Target Advisor
Detailed Stock Report
Report Date: 8th June, 2022
Last Close
USD 74.04
Change
+1.91(+2.65%)
Market Cap
USD 5.45B
1 Yr Capital Gain
-65.94%
1 Yr Dividend Return
N/A
1 Yr Total
Return
-65.94%
Earning Growth (5 yr)
-881.48%
Average Target Price
135.67(+83.24% )
Average Analyst
Rating
Buy
Fundamental
Analysis
Slightly Bearish
Our view of the stock is Slightly Bearish with a score of 4 out of 10, where 0 is very bearish and 10 very bullish
What to like
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Superior Revenue Growth
This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.
What to not like
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering
to buy.
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and
management statements. Sometimes this is high because the company is trying to grow aggressively.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector

2. Page 2 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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COUP:NSD (Coupa Software Incorporated)
Software-Application | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 8th June, 2022
Adjusted Closing Share Volume
Relative Returns Relative Performance (Total Returns)
Security Capital Gain Dividend Return Total Return
COUP
Coupa Software Incorporated
-68.7% 0 -68.7%
QQQ
Invesco QQQ Trust
-7.9% +0.4% -7.6%
Company Overview
Coupa Software Incorporated provides cloud-based business spend management platform that connects its customers with suppliers
worldwide. The company provides visibility into and control over how companies spend money, optimize supply chains, and manage
liquidity, as well as enables businesses to achieve savings that drive profitability. Its platform offers procurement, invoicing, expense
management, and payment solutions that form the transactional engine for managing a company's business spend; and specialized
solutions, including strategic sourcing, contract management, contingent workforce, supplier risk management, supply chain design and
planning, treasury management, and spend analysis. It serves businesses in various industries, including healthcare and pharmaceuticals,
retail, financial services, manufacturing, and technology. The company markets its platform primarily through a direct sales force. Coupa
Software Incorporated was incorporated in 2006 and is headquartered in San Mateo, California.

3. Page 3 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Company Website
https://www.coupa.com
Address
1855 South Grant Street, San Mateo, CA, United States, 94402
Fiscal Year End
January
Employees
3076
Technical Indicators
Value Value
Beta 1.44 52 Week High 283.38
Short Ratio 2.98 52 Week Low 58.43
Shorted Shares 5,350,940 200 Day Moving Average 157.86
Shorted Shares Previous Month 5,340,329 50 Day Moving Average 86.24
Shares Held By Insiders 61.10% Short Percentage 10.00%
Shares Held by Institutions 101.30 Dividend Yield N/A

4. Page 4 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
COUP:NSD (Coupa Software Incorporated)
Software-Application | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 8th June, 2022
Market Performance
Market Performance vs. Industry / Classification (Software-Application) Market Performance vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
YTD
Capital Gain -53.15% -35.5% 26% -16.4% 20%
Dividend Return N/A 0.6% N/A 1.0% N/A
Total Return -53.15% -35.5% 26% -16.0% 20%
Trailing 12 Months
Capital Gain -65.94% -42.7% 29% -20.2% 23%
Dividend Return N/A 1.5% N/A 2.3% N/A
Total Return -65.94% -42.6% 29% -18.5% 23%
Trailing 5 Years
Capital Gain 128.87% 30.0% 72% 7.4% 84%
Dividend Return N/A 10.8% N/A 11.0% N/A
Total Return 128.87% 35.1% 72% 17.8% 83%
Average Annual (5 Year Horizon)
Capital Gain 66.30% 17.5% 86% 2.3% 91%
Dividend Return N/A 1.0% N/A 1.8% N/A
Total Return 66.30% 19.7% 86% 4.2% 91%
Risk Return Profile
Volatility (Standard
Deviation)
67.61% 42.5% 30% 32.2% 21%
Risk Adjusted Return 98.06% N/A 92% 20.5% 96%
Market Capitalization 5.45B 0.59B 81% 0.35B 89%

5. Page 5 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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Key Financial Ratios
Ratios vs. Industry / Classification (Computer Hardware) Ratios vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
Market Value
peratio 89.4 42.4 24% 16.7 11%
pbratio 5.5 3.1 31% 1.6 15%
pcfratio 32.4 13.3 28% 0.0 10%
pfcfratio N/A 20.3 N/A 10.1 N/A
Management Effectiveness
retequity -37.94% -9.8% 26% 0.5% 28%
retinvcap -9.55% -3.8% 41% -0.5% 37%
retass -4.84% -2.5% 39% 0.2% 36%
debtequityratio 180.65% 44.6% 16% 32.3% 12%
Technical Ratios
yield N/A 1.5% N/A 2.6% N/A
sratio 2.98 3.05 52% 3.06 51%
spercent 8.19% 3.5% 15% 3.0% 22%
beta 1.44 1.14 31% 1.09 29%

6. Page 6 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
COUP:NSD (Coupa Software Incorporated)
Software-Application | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 8th June, 2022
Recent Analyst Ratings
Price Action Rating Action Analyst Rating Price date
Maintains Raymond James Capital Outperform USD 75 » USD 90 2022-06-07
Maintains KeyBanc Overweight USD 125 » USD 100 2022-06-07
Target Lowered by BMO Financial Market Perform USD 110 » USD 85 2022-06-07
Maintains Evercore ISI Outperform USD 140 » USD 115 2022-06-07
Maintains Barclays Equal-Weight USD 90 » USD 85 2022-06-07
Maintains Piper Sandler Neutral USD 70 » USD 85 2022-06-07
Downgrade JP Morgan & Company USD 75 2022-06-06
Target Lowered by UBS USD 84 2022-06-03
Maintains Bank of America Securities Buy USD 120 » USD 96 2022-05-31
Initiates Coverage On D.A. Davidson Neutral USD 75 2022-05-20
Maintains Morgan Stanley Overweight USD 125 » USD 99 2022-05-16
Downgraded by Goldman Sachs Neutral » Sell USD 83 » USD 64 2022-05-12
Reiterated by Morgan Stanley Buy USD 125 2022-04-09
Target Raised by BMO Financial USD 82 » USD 110 2022-04-08
Upgraded by Evercore ISI Outperform 2022-04-07
Target Lowered by Morgan Stanley Overweight USD 160 » USD 125 2022-03-24
Target Lowered by Goldman Sachs Buy USD 251 » USD 83 2022-03-16
Target Lowered by UBS USD 130 » USD 105 2022-03-16
Target Lowered by Evercore ISI In-Line USD 175 » USD 75 2022-03-15
Target Lowered by Wells Fargo Equal Weight USD 190 » USD 80 2022-03-15
Target Lowered by Needham & Company LLC Buy USD 210 » USD 90 2022-03-15
Target Lowered by Mizuho Securities Neutral USD 130 » USD 75 2022-03-15
Target Lowered by KeyBanc Overweight USD 175 » USD 125 2022-03-15
Target Lowered by RBC Royalbank Sector Perform USD 155 » USD 65 2022-03-15
Target Lowered by Truist Securities Buy USD 225 » USD 85 2022-03-15

7. Page 7 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
COUP:NSD (Coupa Software Incorporated)
Software-Application | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 8th June, 2022
Annual Financial (USD)

8. Page 8 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
COUP:NSD (Coupa Software Incorporated)
Software-Application | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 8th June, 2022
Quarterly Financial (USD)

9. Page 9 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
COUP:NSD (Coupa Software Incorporated)
Software-Application | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 8th June, 2022
Largest Industry Peers for Software-Application
Symbol Company Name Price(Change) Market Cap
INTU Intuit Inc +7.68 (+1.9%) USD 115.36B
TEAM Atlassian Corp Plc +10.58 (+5.6%) USD 48.31B
ADSK Autodesk Inc -1.43 (-0.7%) USD 45.32B
CDNS Cadence Design Systems Inc +1.98 (+1.2%) USD 44.20B
WDAY Workday Inc +0.39 (+0.2%) USD 40.35B
DDOG Datadog Inc +4.90 (+4.7%) USD 33.22B
ZM Zoom Video Communications Inc +4.03 (+3.6%) USD 32.65B
TTD Trade Desk Inc +0.55 (+1.0%) USD 24.83B
ANSS ANSYS Inc +4.34 (+1.7%) USD 22.90B
COIN Coinbase Global Inc -1.10 (-1.6%) USD 18.51B
ETFs Containing COUP
Symbol Company Name Weight Mer Price(Change) Market Cap
IFLY Wedbush ETFMG Global Cloud Tec.. 4.09 % 0.75 % N/A USD 0.03B
FCVT First Trust SSI Strategic Conv.. 0.00 % 0.95 % +0.31 (+2.8%) USD 0.21B
NIFE Direxion Fallen Knives ETF 0.00 % 0.00 % +1.26 (+2.8%) N/A
The Stock Target Advisor platform run millions of calculations every day on over 30,000 Canadian and American stocks, comparing and
ranking their financial and market performance against their sectors and exchange.
We represent the percentile ranking using the following grading system.
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%