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7 Analysts On Palo Alto Networks And Its Journey To Reach A $100B Market Cap
Tuesday, August 23, 2022 - 11:11am | 760Palo Alto Networks Inc.’s (NASDAQ: PANW) stock climbed Monday after the Santa Clara, California-based company reported strong quarterly earnings and announced a 3-for-1 stock split. KeyBanc Capital Markets On Palo Alto Networks Analyst Michael Turits reiterated an Overweight rating, while...
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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 $...
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5 CrowdStrike Analysts React To Q1 Earnings Beat, Guidance Hike, Potential Hiring Ramp
Friday, June 3, 2022 - 12:17pm | 507CrowdStrike Holdings Inc (NASDAQ: CRWD) shares traded down by 6.2% on Friday after the company reported a first-quarter earnings beat and raised its full-year guidance. On Thursday, CrowdStrike reported adjusted first-quarter EPS of 31 cents on revenue of $487.8 million. Both numbers exceeded...
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9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'
Wednesday, June 1, 2022 - 11:38am | 1003Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast. On Tuesday, Salesforce reported adjusted first-quarter EPS of 98 cents on $7.41 billion in revenue. Both numbers beat consensus analyst estimates of 94 cents...
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5 Snowflake Analysts React To Q1 Earnings As Stock Thaws
Thursday, May 26, 2022 - 2:09pm | 468Snowflake 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 $...
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Why These 3 CyberArk Analysts Cut Price Targets Despite Q1 Beat-And-Raise
Friday, May 13, 2022 - 3:46pm | 463Although Cyberark Software Ltd (NASDAQ: CYBR) reported disappointing first-quarter revenue of $127.6 million, its earnings were better than Street expectations and management raised the full-year guidance. Mizuho Securities On CyberArk Software: Analyst Gregg Moskowitz reiterated a Buy rating...
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Why This Analyst Believes Okta Stock Is 'Difficult To Ignore,' Noting An Increase In Cybersecurity Needs
Tuesday, March 8, 2022 - 12:44pm | 266Shares of Okta Inc (NASDAQ: OKTA) have lost 42% over the past six months, while the company’s organic growth remains strong, according to Mizuho Securities. The Okta Analyst: Gregg Moskowitz upgraded the rating for Okta from Neutral to Buy, while keeping the price target unchanged at $225....
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6 Analysts Dissect Microsoft's Activision Blizzard Deal: 'A Call Option On Numerous Metaverse Plays'
Wednesday, January 19, 2022 - 2:58pm | 934Microsoft Corporation (NASDAQ: MSFT) announced Tuesday its biggest-ever acquisition by agreeing to buy Activision Blizzard, Inc. (NASDAQ: ATVI) for $68.7 billion. Microsoft analysts are saying the deal is a huge positive for the software giant. The Microsoft Analysts: Credit Suisse analyst...
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What's Up With CrowdStrike Stock Today?
Friday, June 4, 2021 - 12:10pm | 355CrowdStrike Holdings Inc (NASDAQ: CRWD) is trading lower Friday despite announcing better-than-expected financial results. What Happened: CrowdStrike reported first-quarter earnings of 10 cents per share, which beat the estimate of 6 cents per share. The company reported quarterly revenue of $...
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Why Did Mizuho Recommend Adobe Stock?
Tuesday, May 25, 2021 - 11:05am | 264Adobe Inc (NASDAQ: ADBE) appears poised to benefit from rising demand from accelerating digital transformation, according to Mizuho Securities. The Adobe Analyst: Gregg Moskowitz initiated coverage of Adobe with a Buy rating and a price target of $600. The Adobe Thesis: The company has an expansive...
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4 Microsoft Analysts Break Down Software Giant's Q3 Earnings, Cloud Strength, Long-Term Outlook
Wednesday, April 28, 2021 - 3:35pm | 703Microsoft Corporation (NASDAQ: MSFT) reported better-than-expect results for the fiscal-year third quarter and issued in-line guidance for the fourth quarter. The Microsoft Analysts: BofA Securities analyst Brad Sills reiterated a Buy rating for Microsoft shares and increased the price target...
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Mizuho Initiates Zscaler Stock At Buy: Here's Why
Tuesday, April 13, 2021 - 12:51pm | 324Zscaler Inc (NASDAQ: ZS) seems poised to benefit in an “increasingly digital-enabled world” due to its unique cloud proxy security architecture, according to Mizuho Securities. The Zscaler Analyst: Gregg Moskowitz initiated coverage of Zscaler with a Buy rating and a price target of $...
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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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Reaction: Microsoft Gaming, Azure Growth Key To Success Moving Forward
Thursday, July 23, 2020 - 11:45am | 561Microsoft Corporation (NASDAQ: MSFT) shares ticked lower on Thursday after the company reported 13% revenue growth in a difficult fiscal fourth quarter. Microsoft reported fourth-quarter adjusted EPS of $1.46 on revenue of $38 billion. Both numbers topped consensus analyst estimates of $1.34 and $...
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6 Slack Analysts On Q1 Results, Billing Numbers, Microsoft Competition: 'An Unexpected Dichotomy'
Friday, June 5, 2020 - 12:36pm | 1026If there were any beneficiaries of the coronavirus pandemic, Slack Technologies Inc (NYSE: WORK) seemed to be one. The company’s first-quarter results Thursday demonstrated 50% top-line growth, reflecting rapid adoption by companies shifting to remote operations. Slack exceeded Street...