![New iphone software update](https://cdn3.cdnme.se/5447227/9-3/21_64e61dfdddf2b33c615a3cd4.png)
![p2p coupa p2p coupa](https://surveymonkey-assets.s3.amazonaws.com/survey/166355489/c53172f5-7bd9-4ce1-99fd-0c35f123b492.jpg)
Thus, my objective with this thesis is to identify potential suitors by shedding light on Coupa's attractiveness as a potential acquisition target based on product strength. Others think that the company will be acquired, most probably due to its share price falling by more than 80% ((69.5-369.5)/369.5) since its February 2021 high of $369.5. Some analysts have downgraded the stock, due to the BSM (Business Spend Management) market maturing and competition getting stronger. Reasons vary from weak revenue and earnings guidance exacerbated by its loss-making status (GAAP figures), which are not helping in a stock market where the value strategy prevails. Vladimir_Timofeev/iStock via Getty ImagesīSM specialist Coupa's ( NASDAQ: COUP) share price, currently at around $69.5 has been on a painful downtrend as shown in the blue chart below despite delivering an 18.2% year-on-year growth during its fourth-quarter 2022 results which ended in January.
![New iphone software update](https://cdn3.cdnme.se/5447227/9-3/21_64e61dfdddf2b33c615a3cd4.png)