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CrowdStrike A 'Long-Term Winner'? 5 Analysts Look At Q2 Print For Answers
Thursday, August 31, 2023 - 12:11pm | 635CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are trading nearly 10% higher Thursday after the company issued its second-quarter earnings results. Here’s what you need to know and what analysts think about the print. By The Numbers: CrowdStrike reported second-quarter revenues of $731.63...
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Microsoft's Cloud-Powered Q1 Results Prompt Analysts To Lift Price Target
Wednesday, October 27, 2021 - 5:27pm | 868Microsoft Corporation (NASDAQ: MSFT) shares rallied out of the gate Wednesday following the release of its quarterly results. The Microsoft Analysts: Stifel analyst Brad Reback maintained a Buy rating and increased the price target from $325 to $380. BofA Securities Brad Sills reiterated a...
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Microsoft Analysts: Q1 Shows Payoff From Cloud Shift, Azure Narrowing The Gap With AWS
Wednesday, October 28, 2020 - 3:24pm | 617Microsoft reported first-quarter revenue and earnings per share that came in ahead of consensus estimates Tuesday. Azure and the gaming sector were highlights for the Street analysts who cover the tech giant. Azure A Q1 Highlight: Raymond James analyst Robert Majek reiterated a Strong...
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3 Snowflake Analysts On Cloud Data Stock's Potential: 'Unique Technology Advantage'
Monday, October 12, 2020 - 12:02pm | 497Snowflake Inc (NYSE: SNOW) shares were gaining ground on Monday and are off to a hot start on the public market after the stock's initial public offering priced at $120 in mid-September. The cloud data warehousing company far exceeded its initial IPO target range of $75 to $85 per share,...
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Demand Is Improving For Workday, Stifel Says In Upgrade
Friday, October 2, 2020 - 2:57pm | 355Firsthand checks with private human capital management vendors point to an improving demand environment for companies like Workday Inc (NASDAQ: WDAY), according to Stifel. The Workday Analyst: Brad Reback upgraded Workday from Hold to Buy with a price target lifted from $227 to $275. The...
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Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration
Friday, September 11, 2020 - 6:20pm | 567Oracle Corporation (NYSE: ORCL) reported better-than-expected first-quarter results and guided above consensus estimates for the second quarter. Here's what the Street has to say. The Oracle Analysts: Stifel analyst Brad Reback maintained a Hold rating on Oracle and increased the...
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Wall Street Cautious On Oracle: 'Investors Likely Have To See The Growth Before Believing It'
Wednesday, June 17, 2020 - 11:33am | 738Oracle Corporation (NYSE: ORCL) shares were trading lower Wednesday after the company reported a larger-than-expected revenue decline in the fiscal fourth quarter but issued current-quarter guidance that exceeded expectations. Oracle reported fourth-quarter adjusted earnings per share of $1.20,...
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Cloudera Analysts Say Private, Public Cloud Traction Key After Mixed Q1
Thursday, June 4, 2020 - 2:27pm | 848Cloud-based enterprise data company Cloudera Inc (NYSE: CLDR) reported better-than-expected first-quarter results but issued below-par guidance Wednesday, sending its shares lower. The Cloudera Analysts BofA Securities analyst Kash Rangan reiterated an Underperform rating on Cloudera shares...
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Splunk Analysts Bullish Despite Investor Pullback Following Q4 Print
Thursday, March 5, 2020 - 12:15pm | 940Data analytics company Splunk Inc (NASDAQ: SPLK) reported a disappointing fourth-quarter bottom-line result Wednesday and issued a weak revenue forecast for the first quarter and fiscal year 2021, sending shares lower. The Splunk Analysts Wells Fargo analyst Philip Winslow reiterated an...
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All About The Cloud: Microsoft Hits All-Time High On The Back Of Strong Q4 Earnings
Friday, July 19, 2019 - 9:49am | 883Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 3% on Friday morning after the company reported a fiscal fourth-quarter earnings beat led by strength in its cloud computing business. Microsoft exceeded consensus analyst expectations for fourth-quarter earnings and revenue and also...
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Stifel: Fastly Poised For 30% Topline Growth
Tuesday, June 11, 2019 - 2:42pm | 398Fastly Inc (NYSE: FSLY) has a growing addressable market and is focusing on driving strong new customer additions as well as forming partnerships to support its future growth, according to Stifel. The Analyst Brad Reback initiated coverage of Fastly with a Buy rating and $25 price target. The...
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'Compelling Asset': Splunk Analysts Bullish After Software Company's Q1, But Investors Pull Back
Friday, May 24, 2019 - 4:17pm | 922Data analytics company Splunk Inc (NASDAQ: SPLK) reported a beat-and-raise first quarter Thursday. Notwithstanding the solid results, the stock was sharply lower in Friday's session. BTIG analyst Edward Parker told Benzinga Friday that Spunk had a "great quarter," but billings...
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Analysts Mixed On Workday's Outlook
Wednesday, September 5, 2018 - 12:55pm | 466Workday Inc (NASDAQ: WDAY) reported Tuesday an earnings and revenue beat in its second-quarter results, but management's guidance of lower margins, partly due to the $1.5 billion acquisition of business-planning company Adaptive Insights sent the stock lower. The Analysts Morgan Stanley's...
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Sell-Side Largely Bullish On Nutanix After Q4 Report, Undeterred By Disappointing Guidance
Friday, August 31, 2018 - 11:42am | 672Cloud software company Nutanix Inc (NASDAQ: NTNX) reported Thursday after the market close with better-than-expected fiscal fourth-quarter results. The company's first-quarter guidance fell short of the consensus. The Analysts JMP Securities' Erik Suppiger maintained an...
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Carbonite Is The 'Little Guy' Data Protection Company To Buy, Stifel Says
Monday, August 20, 2018 - 1:42pm | 359Carbonite Inc (NASDAQ: CARB), a "little guy" data protection company, has shown over the past few years a shift in its business strategy which warrants a bullish stance on the stock, according to Stifel. The Analyst Stifel's Brad Reback initiated coverage of Carbonite with a Buy...