Cloud computing firm E2open beats Q1 revenue, adjusted EPS estimates

Overview

• E2open fiscal Q1 2026 revenue of $152.6 mln beats analyst expectations, per LSEG data

• Adjusted EPS for fiscal Q1 2026 was $0.05, exceeding analyst estimates, per LSEG data

• The anticipated acquisition by WiseTech Global positions E2open for further growth, expected to close by year-end

Outlook

• Company expects fiscal 2026 GAAP subscription revenue of $525 mln to $535 mln

• E2open anticipates fiscal 2026 total GAAP revenue of $600 mln to $618 mln

• Company projects fiscal 2026 non-GAAP gross profit margin of 68% to 68.5%

• E2open forecasts fiscal 2026 adjusted EBITDA of $200 mln to $210 mln

Result Drivers

• SUBSCRIPTION REVENUE GROWTH - E2open achieved its first year-over-year subscription revenue growth since mid-FY24

• CROSS-SELL EXPANSION - Large cross-sell expansion with a leading global health and wellness company contributed to revenue, enhancing digital supply chain capabilities

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for E2open Parent Holdings Inc is $3.30, about 1.5% above its July 9 closing price of $3.25

• The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBwbmWcmFa