Analysts have clear opinions on MODN.

There are 4 analysts on the Wall offering 12 month price targets for Model N in the last 3 months. The average price target is $36.50 with a high forecast of $40.00 and a low forecast of $34.00. The average price target represents a 9.64% increase from the last price of $33.29.
Model N, Inc. (MODN) is followed by 4 analysts on the street.

Koji Ikeda from Oppenheimer rates it a Buy with a target of $40.00.

Similarly, Last month Jackson Ader of J.P. Morgan Upgraded a Buy with a target of $36.00.

The consensus on the street is Strong Buy.

What does Model N, Inc.(MODN) do ?
Model N, Inc. engages in the provision of revenue management cloud solutions for the life science and technology industries. It solutions include two complementary suites of software applications: Revenue Management Enterprise and Revenue Management Intelligence. The Revenue Management Enterprise suite serves as the system of record for and automates the execution of revenue management processes such as pricing, contracting and incentive & rebate management. The Revenue Management Intelligence suite provides analytical insights to define and optimize revenue management strategies. Each of these suites consists of a number of applications, which can be purchased together or as separate stand-alone applications. The company was founded by Yarden Malka, Zack Rinat and Ali Tore on December 14, 1999 and is headquartered in San Mateo, CA.

Model N, Inc. (MODN) Insider Trades

Multiple company employees have indulged in significant insider trading. Model N, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):

CEO, Blessing Jason : S – Sale(-$106,420) of MODN in the trading session of 2019-12-02.

SVP, CFO Barter David : S – Sale(-$39,507) of MODN in the trading session of 2019-12-02.

SVP, Global Services Anderson, Mark, Albert : S – Sale(-$30,105) of Model N, Inc. in the trading session of 2019-12-02.

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