Jun. 17 at 9:49 AM
$UPLD Upland Software, Inc. is divesting nonstrategic lines to focus on its core business. While the move has lowered revenue guidance for 2025, it is not expected to impact adjusted EBITDA. Moreover, the stock has a one-year average price target of
$4.25 per share, representing a 137% upside potential from its current trading level.
On May 13, Needham reiterated its Hold rating for Upland while recognizing the company’s efforts to refine its operations, especially with the recent sale of the mobile messaging product line. The analyst viewed
$UPLD’s strategy to streamline its portfolio positively, given the strength of certain products and the company’s historical difficulty with cross-selling loosely related products.
