Blair Abernethy

Shares of MongoDB Inc (NASDAQ:MDB) rallied in early trading on Thursday after the company reported upbeat fiscal first-quarter results. At last check, the stock price was up over 12.8%. Here are some key analyst takeaways: Guggenheim Securities analyst Howard Ma maintained a Buy rating, while...

Shares of Snowflake Inc (NYSE:SNOW) rallied after the company Wednesday reported its first-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Snowflake Analyst Brent Bracelin reiterated an Overweight rating, while raising...

Couchbase Inc (NASDAQ:BASE) is poised for "heathy" growth in ARR (annual recurring revenue) over the next few years, as companies ramp up their shift to the Cloud, according to Rosenblatt Securities. The Couchbase Analyst: Analyst Blair Abernethy initiated coverage with a Buy rating and price...

Shares of Rubrik Inc (NYSE:RBRK) were climbing in early trading on Friday, after reporting upbeat fourth-quarter results. Here are some key analyst takeaways. KeyBanc Capital Markets On Rubrik Analyst Eric Heath maintained an Overweight rating, while reducing the price target from $87 to $82....

Shares of MongoDB Inc (NASDAQ:MDB) tanked in early trading on Thursday, despite the company reporting upbeat fourth-quarter results. The results came in amid a positive earnings season. Here are some key analyst takeaways. Wedbush On MongoDB Analyst Daniel Ives reiterated an Outperform, while...

Shares of MongoDB Inc (NASDAQ:MDB) rose in early trading on Tuesday, ahead of its fourth-quarter results to be reported on Wednesday, March 5. The company is likely to report in-line or marginally better fourth-quarter results and guide to subscription revenue growth of around 18% for fiscal 2026,...

Shares of Snowflake Inc (NYSE:SNOW) were climbing in early trading on Thursday, after the company reported upbeat fourth-quarter results. The results came in amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Snowflake Analyst Mark Murphy reiterated an Overweight...

Shares of Snowflake Inc (NYSE:SNOW) tanked in early trading on Thursday, after the company reported results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Matthew Hedberg reiterated an Outperform rating,...

Shares of Snowflake Inc. (NYSE: SNOW) soared in after-hours trading on Wednesday, after the Bozeman, Montana-based company reported its quarterly revenues ahead of expectations. Mizuho Securities Analyst Gregg Moskowitz reiterated a Buy rating, while raising the price target from $200 to $225....

Snowflake Inc (NYSE: SNOW) reported a first-quarter loss of 53 cents per share Wednesday on revenues of $422.4 million. Here's what the Street has to say.  Morgan Stanley On Snowflake: Analyst Keith Weiss maintained an Overweight rating on Snowflake while reducing the price target from $...

Snowflake Inc (NYSE: SNOW) could deliver an in-line or marginally better-than-projected quarter, when it reports results after the closing bell on Wednesday, according to Rosenblatt. The Snowflake Analyst: Blair Abernethy upgraded the rating for Snowflake from Neutral to Buy, while reducing the...

Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 7.2% on Wednesday after the company reported an across-the-board earnings beat and demonstrated impressive sales momentum. On Tuesday, Microsoft reported fiscal third-quarter adjusted EPS of $2.22 on revenue of $49.36 billion. Both...

Snowflake Inc (NYSE: SNOW) shares traded lower by 17% on Thursday after the company reported slowing revenue growth in the fourth quarter. On Wednesday afternoon, Snowflake reported an adjusted fourth-quarter EPS loss of 43 cents, missing consensus analyst estimates of a 2-cent profit. Revenue for...

Microsoft Corporation (NASDAQ: MSFT) shares are advancing strongly following the release of the company's quarterly results. The Microsoft Analysts: Piper Sandler analyst Brent Bracelin maintained an Overweight rating and a $352 price target on Microsoft shares. Rosenblatt Securities analyst...

The software industry is expected to benefit from a few major secular trends that will likely continue to drive growth in 2022, an analyst at Rosenblatt Securities said in a recent note. These secular trends will likely remain in place for at least several more years until the majority of...