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Why Did Snowflake Cut Margin Outlook After A Solid Q1? 11 Analysts Dive Deeper
Thursday, May 23, 2024 - 2:35pm | 1356Shares 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,...
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Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth'
Friday, April 26, 2024 - 12:29pm | 1408Technology giant Microsoft Corporation (NASDAQ:MSFT) reported third-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts are praising the company's growth of artificial intelligence platforms. The MSFT Analysts: Oppenheimer analyst Timothy Horan...
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Adobe's AI Roadmap In Focus: These Analysts Provide Their Takeaways From The Adobe Summit
Wednesday, March 27, 2024 - 12:25pm | 708Adobe Inc. (NASDAQ: ADBE) on Monday kicked off the Adobe Summit, which is scheduled through March 28 and had already seen the unveiling of GenStudio. Here are some key analyst takeaways from the event at Las Vegas. BMO Capital Markets On Adobe Analyst Keith Bachman reiterated an...
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4 Oracle Analysts Dive Into Q2 Print: Why Last Quarter's Revenue Drag Persisted
Tuesday, December 12, 2023 - 1:15pm | 519Shares of Oracle Corp (NYSE: ORCL) tanked in early trading on Tuesday, after the company reported disappointing second-quarter sales. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler analyst Brent Bracelin maintained an...
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Microsoft 'Knocked It Out Of The Park': 7 Analysts Dive Deeper Into FQ1 Results
Wednesday, October 25, 2023 - 12:24pm | 885Shares of Microsoft Corp (NASDAQ: MSFT) climbed in early trading on Wednesday, after the company reported upbeat fiscal first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Bernstein On Microsoft Analyst Mark...
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Adobe: An 'AI Winner' Shines In FQ2, Analysts Weigh In
Friday, June 16, 2023 - 11:28am | 773Shares of Adobe Inc (NASDAQ: ADBE) climbed in early trading on Friday, after the company reported better-than-expected results for its fiscal second quarter. Here are some key analyst takeaways from the earnings release. Mizuho Securities On Adobe Analyst Gregg Moskowitz reiterated a Neutral rating...
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5 Microsoft Analysts On Q2 Earnings Beat, Slowing Azure Cloud Growth: 'Growth Is Likely Bottoming In Q3'
Wednesday, January 25, 2023 - 12:56pm | 666Microsoft Corp (NASDAQ: MSFT) shares tumbled on Wednesday morning after the company disappointed Wall Street with its quarterly guidance. Microsoft reported fiscal second-quarter adjusted EPS of $2.32, beating consensus analyst estimates of $2.29. Revenue of $52.75 billion missed consensus analyst...
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7 Adobe Analysts On Q4 Earnings: 'First Clean Quarter In A Year'
Friday, December 16, 2022 - 12:04pm | 697Adobe Inc (NASDAQ: ADBE) reported fourth-quarter revenues that were in-line with the consensus estimate, while delivering an earnings beat. Here's what the Street has to say Friday. Piper Sandler On Adobe Analyst Brent Bracelin maintained an Overweight rating while raising the...
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'Teflon Like' Microsoft Sees Price Targets Cut By Analysts, Could Be 'Rip The Band-Aid Off Moment'
Wednesday, October 26, 2022 - 1:22pm | 675Technology giant Microsoft Corporation (NASDAQ: MSFT) reported first quarter revenue and earnings per share that came in ahead of Street estimates. Here’s why analysts are adjusting price targets down after the first quarter report. The Microsoft Analysts Wedbush analyst Daniel Ives has an...
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Why This Adobe Analyst Was Not Impressed By The Company's Updated Guidance
Wednesday, October 19, 2022 - 12:29pm | 409Adobe Inc (NASDAQ: ADBE) shares traded higher by 3.1% on Wednesday after the company reiterated its fourth-quarter guidance at its Adobe Max analyst day event. Bank of America analyst Brad Sills attended the event and said Wednesday he remains cautious about Adobe given its rising competition...
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DocuSign Shares Gain On 'Better-Than-Feared' Earnings Beat: 5 Analysts Chime In
Friday, September 9, 2022 - 11:12am | 549Shares of DocuSign Inc. (NASDAQ: DOCU) jumped more than 17% in Friday’s pre-market after the company reported better-than-expected quarterly results and raised its full-year billings outlook. Here's what analysts had to say: RBC Capital Markets Analyst Rishi Jaluria reiterated a Sector...
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8 Coupa Software Analysts Weigh In After Stock Spikes Following Upbeat Q2 Results
Wednesday, September 7, 2022 - 2:32pm | 856Shares of Coupa Software Inc (NASDAQ: COUP) spiked in Tuesday's after-hours session, after the company reported upbeat financial results and announced a $100 million buyback. Wells Fargo On Coupa Software Analyst Michael Turrin maintained an Equal-Weight rating, while reducing the price target...
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Why BofA Is Still Bullish On Microsoft Ahead Of Q2 Earnings
Monday, July 18, 2022 - 12:03pm | 240Microsoft Corporation (NASDAQ: MSFT) is scheduled to report its fiscal fourth-quarter results on July 26. The company is likely to report revenues of $52.3 billion, representing 13% year-on-year and 16% sequential growth, with Azure and O365 upside offset by PC and Windows weakness, according to...
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DocuSign CEO Shuffle: Why One Analyst Remains On The Sidelines For Now
Wednesday, June 22, 2022 - 2:31pm | 384After a horrendous year for Docusign Inc (NASDAQ: DOCU), the company made a major announcement this week that CEO Dan Springer will be stepping down. DocuSign board chair Mary Agnes “Maggie” Wilderotter will be taking over as interim CEO, and Bank of America analyst Brad Sills said...
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6 Adobe Analysts React To Q2 Earnings Beat, Guidance Cut, Heightened Execution Risks
Friday, June 17, 2022 - 2:36pm | 669Adobe Inc (NASDAQ: ADBE) shares traded slightly higher on Friday after the company's full-year guidance disappointed Wall Street. On Thursday, Adobe reported adjusted fiscal second-quarter EPS of $3.35 on revenue of $4.39 billion. Both numbers exceeded consensus analyst estimates of $3.31 and $...