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Shopify Analysts Cautious Following Q1 Print: 'Look For A More Attractive Entry Point'
Thursday, April 29, 2021 - 5:41pm | 666Shopify Inc (NYSE: SHOP) shares dropped 4.41% Thursday as investors took profits following the company’s big first-quarter earnings beat. For the first quarter, Shopify reported adjusted EPS of $2.01 on $988.6 million in revenue. Both numbers beat consensus analyst estimates of 75 cents and $...
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'A COUR Growth Idea To Own': Analysts Initiate Coverage Of Coursera
Monday, April 26, 2021 - 1:13pm | 578Coursera Inc (NYSE: COUR) shares are up significantly since the company priced its late-March IPO at $33. The California company works with more than 200 universities to offer online courses and certifications. A boom in online education during the COVID-19 pandemic sent Coursera’s revenue...
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4 Qualtrics Analysts Are Staying On Sidelines, Despite Growth Prospects
Tuesday, February 23, 2021 - 6:26pm | 696Experience management software provider Qualtrics International Inc (NASDAQ: XM) debuted Jan. 28 on Wall Street. With the company's IPO quiet period expiring, sell-side analysts started coverage of the stock, and most are staying on the sidelines. The Qualtrics Analysts: BofA Securities...
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'Shine On You Crazy Diamond': Analysts Respond To HubSpot's Earnings
Monday, February 15, 2021 - 10:06am | 567Shares of HubSpot Inc (NYSE: HUBS) soared Friday after the company released a huge earnings beat for its fourth-quarter results and analysts raised price targets. HubSpot’s revenue shot up 35% year-over-year coming in at $252.1 million, far ahead of the Street estimate of $236.7...
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6 Salesforce Analysts React To Slack Deal: 'Game-Changer Potential'
Wednesday, December 2, 2020 - 11:49am | 716Shares of salesforce.com, inc. (NYSE: CRM) were trading lower Wednesday after the company reported earnings and revenue beats in the third quarter but fell short of expectations for its fourth-quarter guidance. Salesforce also announced its intention to acquire Slack Technologies Inc (NASDAQ:...
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Veeva Systems Analysts Confident In Cloud Company's Trajectory After Q2 Beat
Friday, August 28, 2020 - 1:04pm | 660The pharma- and life sciences-focused cloud computing company Veeva Systems Inc (NYSE: VEEV) reported solid quarterly results Thursday, sending its shares higher. The Veeva Systems Analysts: BofA Securities analyst Brad Sills reiterated a Buy rating on Veeva Systems and upped the...
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9 Salesforce Analysts React To 'Jaw Dropping Performance' In Q2
Wednesday, August 26, 2020 - 10:14am | 930Salesforce.com, inc. (NYSE: CRM) shares jumped 25% on Wednesday after the company reported blowout second-quarter earnings numbers and exceeded expectations with its full-year guidance. Salesforce reported second-quarter EPS of $1.44 on $5.15 billion in revenue. Both numbers exceeded consensus...
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Beaxy Democratizes Access To Digital Assets With Prime Trust Partnership
Wednesday, July 15, 2020 - 2:26pm | 304Beaxy, a next-generation digital asset exchange, partnered with Prime Trust, allowing users the ability to use bank wires to move their fiat directly into the exchange for the purchase of cryptocurrencies. What Happened? Beaxy is a holistic way to trade cryptocurrencies. The firm’s core...
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Beaxy Takes On Crypto Security With Curv Partnership
Friday, May 1, 2020 - 10:53am | 225Beaxy, a next-generation digital asset exchange, formally partnered with Curv, a cloud-based security platform for digital asset custody. In a statement on the development, Brian Peterson, Beaxy’s Chairman of the Board, said “Curv is a rising star in the institutional custody of digital...
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Analysts, Cramer Continue To Recommend Shopify
Wednesday, October 30, 2019 - 10:00am | 534Shopify Inc (NYSE: SHOP) reported mixed third-quarter results in which revenue beat expectations but the company reported an EPS loss due to a tax provision tied to a capital gain. The Analysts Raymond James analyst Brian Peterson maintains an Outperform rating on Shopify's stock with a $365...
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Analysts Weigh In On Box Following Earnings
Thursday, August 29, 2019 - 11:09am | 611Box Inc (NYSE: BOX) shares tanked more than 8% on Thursday morning — although the stock eventually pared those losses — after the company reported a second-quarter earnings beat on Wednesday. Box’s top- and bottom-line numbers were solid, but its operating margins and lack of...
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Coupa's Premium Valuation Doesn't Deter Bull Analysts After Beat-and-Raise Q1
Tuesday, June 4, 2019 - 2:48pm | 634Coupa Software Inc (NASDAQ: COUP), a provider of cloud-based business spending management software, reported Monday after the close with strong first-quarter results that sent the stock higher. The Analysts Bank of America Merrill Lynch analyst Brad Sill reiterated a Buy rating on Coupa and...
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Raymond James: RingCentral Can Sustain 30% Growth Rate
Thursday, March 21, 2019 - 10:11am | 336RingCentral Inc (NYSE: RNG) has recently announced a number of customer wins, including a fourth-quarter win with Columbia University for 44,000 seats. Industry checks indicate that cloud adoption is reaching an inflection point, creating a tailwind for multiple vendors providing cloud-based...
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Coupa Software Analysts Bullish After Q4 Print; Raymond James Sees Large-Cap Potential
Tuesday, March 12, 2019 - 2:51pm | 443Coupa Software Inc (NASDAQ: COUP) reported forecast-beating fourth-quarter results Monday but issued disappointing guidance, dragging its shares lower. The Analyst Oppenheimer analyst Koji Ikeda reiterated an Outperform rating and hiked the price target from $85 to $100. Raymond James analyst...
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The Street Remains Bullish On Salesforce Despite Concerning Guidance
Tuesday, March 5, 2019 - 1:15pm | 866Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter results that came in better than expected, but management's outlook for the first quarter missed on both the revenue and EPS lines. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts Bank...