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Coupa Software Inc COUP

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Morningstar’s Analysis

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Narrow-Moat Coupa’s Platform Continues to Drive Cost Savings for Businesses; Raising FVE to $249

Nupur Balain Equity Analyst

Analyst Note

| Nupur Balain |

Narrow-moat Coupa Software reported strong third-quarter results which support our thesis that Coupa is well-poised for robust future growth, reflected by a rapidly expanding customer base, solid user metrics, and growth in use cases.

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Company Profile

Business Description

Coupa Software is a cloud-based, business spending management platform that provides companies with more control and visibility into how they spend money. Since it was founded in 2006, Coupa has connected buyers with suppliers and helped buyers save money by improving procurement, expense management, invoice processing, and payments. The company is headquartered in San Mateo, California, and went public in October 2016.

Contact
1855 S. Grant Street
San Mateo, CA, 94402
T +1 650 931-3200
Sector Technology
Industry Software - Application
Most Recent Earnings Oct 31, 2020
Fiscal Year End Jan 31, 2021
Stock Type Speculative Growth
Employees 1,693