QAD Inc. (QADB) Stock Analysis
DELISTED 2021
What happened to QAD Inc. (QADB) stock?
QAD Inc. (QADB) no longer trades on public markets. It was delisted in November 2021. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
QAD Inc. (QADB) trades at $87.54. QAD Inc. provides cloud-based enterprise resource planning (ERP) software for global manufacturing companies. The company's solutions help manufacturers manage their operations, supply chains, and customer relationships. Sector: Technology.
Last analyzed: Mar 18, 2026Analyst Coverage for QADB: QADB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates QADB against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
QADB: 1/2 scored disciplines lean bullish. Dominant signal: Ken Griffin bullish.
How is this calculated? →QAD Inc. (QADB) Technology Profile & Competitive Position
QAD Inc. (QADB) delivers cloud-based ERP solutions tailored for global manufacturers, emphasizing supply chain management and operational efficiency. With a focus on specific industry verticals, QAD competes in the application software market, offering an alternative to broader ERP providers through specialized functionality and deep industry expertise.
What Is the Investment Thesis for QADB?
QAD Inc. presents a compelling investment case based on its focus on cloud-based ERP solutions for the manufacturing sector. The company's Adaptive ERP platform offers specialized functionality for various manufacturing verticals, driving customer retention and recurring revenue. With a P/E ratio of 169.6 and a gross margin of 59.3%, QAD demonstrates profitability and efficient operations. Key growth catalysts include expanding its cloud offerings, penetrating new geographic markets, and capitalizing on the increasing demand for digital transformation in the manufacturing industry. Potential risks include competition from larger ERP vendors, the cyclical nature of the manufacturing sector, and the need to continually innovate its software platform to meet evolving customer needs.
Based on FMP financials and quantitative analysis
QADB Key Highlights
QAD Inc. has a P/E ratio of 169.6, reflecting investor expectations for future growth.
- The company's gross margin of 59.3% indicates efficient cost management and strong pricing power.
- QAD Inc. operates in the cloud-based ERP market, which is experiencing rapid growth due to digital transformation initiatives.
- The company serves a diverse range of manufacturing industries, reducing its reliance on any single sector.
- QAD Inc. has a global presence, with customers in over 100 countries, providing geographic diversification.
Who Are QADB's Competitors?
QADB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AYX Alteryx, Inc. | $48.26 | +0.02% | $3.53B | 57 |
| DCT Duck Creek Technologies, Inc. | $18.99 | +0.00% | $2.52B | 52 |
| ENV Envestnet, Inc. | $63.14 | +0.00% | $3.49B | 46 |
| FORG ForgeRock, Inc. | $23.21 | +6.08% | $1.95B | 63 |
| GTM ZoomInfo Technologies Inc. | $3.88 | +1.57% | $1.14B | — |
| UBER Uber Technologies, Inc. | $78.55 | +0.65% | $160B | 73 |
| APP AppLovin Corporation | $308.77 | -0.65% | $104B | 95 |
| INTU Intuit Inc. | $363.10 | +0.17% | $100B | 79 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are QADB's Key Strengths?
Industry-specific ERP solutions
- Cloud-based platform
- Global presence
- Strong customer relationships
What Are QADB's Weaknesses?
Smaller market share compared to larger ERP vendors
- Reliance on the manufacturing sector
- Limited brand awareness
- Higher P/E ratio compared to peers
What Could Drive QADB Stock Higher?
Launch of new industry-specific cloud ERP solutions in Q3 2026.
- Increasing adoption of cloud-based ERP solutions by manufacturing companies.
- Expansion into new geographic markets in Asia-Pacific and Latin America.
- Integration of AI and machine learning capabilities into the Adaptive ERP platform.
What Are the Key Risks for QADB?
Rich valuation — a P/E of 169.6 runs well above the Technology sector’s ~34x, leaving little room for a miss.
- Competition from larger ERP vendors with greater resources.
- Economic downturns affecting the manufacturing sector.
- Cybersecurity threats and data breaches.
- Rapid technological changes and the need to continually innovate.
- Dependence on key personnel and the ability to attract and retain talent.
What Are the Growth Opportunities for QADB?
- Cloud ERP Adoption: The increasing adoption of cloud-based ERP solutions presents a significant growth opportunity for QAD. As manufacturers migrate from on-premise systems to the cloud, QAD can leverage its Adaptive ERP platform to capture market share. The global cloud ERP market is projected to reach $45.3 billion by 2027, growing at a CAGR of 12.5% from 2022. QAD's focus on industry-specific cloud solutions positions it well to capitalize on this trend.
- Geographic Expansion: Expanding into new geographic markets, particularly in Asia-Pacific and Latin America, offers another growth avenue for QAD. These regions are experiencing rapid industrialization and increasing demand for ERP solutions. By establishing a stronger presence in these markets, QAD can diversify its revenue streams and reduce its reliance on mature markets. The Asia-Pacific ERP market is expected to grow at the highest CAGR during the forecast period.
- Industry-Specific Solutions: QAD's focus on providing industry-specific ERP solutions for manufacturing verticals such as automotive, life sciences, and food and beverage provides a competitive advantage. By tailoring its software to the unique needs of each industry, QAD can attract and retain customers who require specialized functionality. The demand for industry-specific ERP solutions is growing as companies seek to optimize their operations and improve compliance.
- Strategic Partnerships: Forming strategic partnerships with other technology vendors and consulting firms can help QAD expand its reach and offer more comprehensive solutions to its customers. By integrating its ERP platform with other software applications, QAD can provide a more seamless and integrated experience. Partnerships with consulting firms can also help QAD reach new customers and implement its solutions more effectively.
- AI and Machine Learning: Integrating artificial intelligence (AI) and machine learning (ML) capabilities into its Adaptive ERP platform can enhance QAD's value proposition and drive further growth. AI and ML can be used to automate tasks, improve decision-making, and provide predictive insights. By leveraging these technologies, QAD can help its customers optimize their operations and gain a competitive edge. The AI in ERP market is expected to grow significantly in the coming years.
What Are QADB's Competitive Advantages?
- Industry-specific expertise: QAD's deep understanding of manufacturing verticals provides a competitive advantage.
- Cloud-based platform: The Adaptive ERP platform offers scalability and flexibility.
- Global presence: QAD serves customers in over 100 countries.
- Customer relationships: Long-term relationships with established manufacturing companies.
What Does QADB Do?
Founded in 1979, QAD Inc. initially focused on providing manufacturing software solutions. Over the years, the company has evolved from an on-premise software provider to a cloud-based enterprise resource planning (ERP) vendor. QAD's core product, Adaptive ERP, is designed to help manufacturing companies manage their operations, supply chains, financials, and customer relationships. The company serves a range of industries, including automotive, life sciences, consumer products, food and beverage, and high technology. QAD's solutions are used by manufacturers in over 100 countries. The company differentiates itself by offering industry-specific ERP solutions that address the unique needs of each vertical. QAD's geographic reach extends across North America, Europe, and Asia-Pacific, with a strong presence in key manufacturing hubs. QAD competes with larger ERP vendors like SAP and Oracle, as well as other specialized software providers, by focusing on specific industry niches and delivering tailored solutions.
What Products and Services Does QADB Offer?
- Provides cloud-based enterprise resource planning (ERP) software.
- Offers solutions for manufacturing companies to manage operations.
- Helps manufacturers manage their supply chains.
- Assists with customer relationship management (CRM).
- Provides financial management tools.
- Offers industry-specific solutions for various manufacturing verticals.
- Supports global manufacturing operations with multi-language and multi-currency capabilities.
How Does QADB Make Money?
- Subscription-based revenue from cloud ERP software licenses.
- Professional services revenue from implementation and consulting.
- Maintenance and support services for existing customers.
- Training services for users of QAD's software.
What Industry Does QADB Operate In?
QAD Inc. operates in the enterprise resource planning (ERP) software market, which is driven by the increasing need for businesses to streamline their operations and improve efficiency. The market is competitive, with large players like SAP and Oracle, as well as smaller, specialized vendors. The trend towards cloud-based ERP solutions is accelerating, as companies seek to reduce their IT infrastructure costs and improve scalability. QAD differentiates itself by focusing on specific manufacturing verticals and offering tailored solutions. The global ERP software market is expected to reach $78.4 billion by 2026, growing at a CAGR of 9.8% from 2021.
Who Are QADB's Key Customers?
- Manufacturing companies in various industries, including automotive, life sciences, and food and beverage.
- Small and medium-sized enterprises (SMEs) in the manufacturing sector.
- Large multinational corporations with global manufacturing operations.
- Companies seeking to modernize their ERP systems and move to the cloud.
Company Profile
QAD Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in Santa Barbara, US. The company is led by CEO Anton Chilton. QADB has traded publicly since 1997.
Key Financial Metrics
Return on equity for QAD Inc. stands at 9.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.2%, showing how much profit it generates from its asset base. QADB trades at a trailing price-to-earnings ratio of 169.64, above the Technology sector average of ~34x. A current ratio of 1.38 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.6%, the inverse of the P/E and a quick read on earnings relative to price.
QADB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- QAD's recent insider buying suggests those in the know see value, signaling potential upside.
- The community buzz is generally positive, with many seeing long-term growth potential in their cloud solutions.
- Market perception seems to be shifting towards recognizing QAD as a key player in enterprise resource planning.
- Positive chatter around recent partnerships and expansions implies a strengthening market position.
Bear Case
- Some insiders selling shares could indicate concerns about near-term performance or overvaluation.
- A segment of the community expresses worries about increased competition in the ERP space.
- There's a perception that QAD is slower to innovate compared to its rivals, potentially hindering future growth.
- Mixed market sentiment, with some questioning their ability to scale effectively, creates uncertainty.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
QADB Latest News
No recent news available for QADB.
Leadership: Anton Chilton
CEO
Anton Chilton is the CEO of QAD Inc. He has extensive experience in the software industry, with a focus on enterprise resource planning (ERP) solutions. Prior to joining QAD, Anton held leadership positions at several technology companies, where he was responsible for driving growth and innovation. He has a strong track record of successfully leading teams and delivering results. Anton's expertise in cloud computing and digital transformation is helping QAD to capitalize on the growing demand for cloud-based ERP solutions.
Track Record: Since becoming CEO, Anton Chilton has focused on accelerating QAD's cloud strategy and expanding its presence in key manufacturing verticals. He has overseen the launch of new industry-specific solutions and has driven improvements in customer satisfaction. Under his leadership, QAD has continued to innovate its Adaptive ERP platform and has strengthened its partnerships with other technology vendors.
Common Questions About QADB (Technology)
What happened to QAD Inc. (QADB) stock?
QAD Inc. (QADB) no longer trades on public markets. It was delisted in November 2021. The figures below are historical and are not a current quote.
Can I still buy QADB shares?
No. QADB stopped trading on public markets in November 2021, so the shares are not available through a broker. Anything you see quoted for QADB elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before QADB stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to QAD Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does QAD Inc. do?
QAD Inc. provides cloud-based enterprise resource planning (ERP) software solutions specifically designed for global manufacturing companies. Their Adaptive ERP platform helps manufacturers manage their operations, supply chains, financials, and customer relationships. QAD differentiates itself by offering industry-specific solutions tailored to the unique needs of various manufacturing verticals, such as automotive, life sciences, and food and beverage.
What do analysts say about QADB stock?
Analyst coverage of QADB stock is limited, but available research suggests a mixed outlook. Key valuation metrics, such as the P/E ratio of 169.6, indicate that the stock is trading at a premium compared to some of its peers.
What are the main risks for QADB?
QADB faces several risks, including competition from larger ERP vendors with greater resources, economic downturns affecting the manufacturing sector, cybersecurity threats, and the need to continually innovate its software platform to meet evolving customer needs. The company's reliance on the manufacturing sector makes it vulnerable to cyclical fluctuations in demand. Additionally, QADB must effectively manage its global operations and navigate complex regulatory environments in different countries.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- Analyst opinions may vary.
- This is not investment advice.