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Atlassian Corp Shares Dip Despite Strong Quarterly Results: 4 Analysts Weigh In On Earnings, Challenges
Friday, May 5, 2023 - 11:28am | 560Shares of Atlassian Corp (NASDAQ: TEAM) tanked in early trading on Friday, despite the company reporting upbeat quarterly results. Here are some key analyst takeaways from the earnings release. Truist Securities On Atlassian Analyst Joel Fishbein reiterated a Hold rating and price target of $150....
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5 MongoDB Analysts Are Disappointed: 'Tepid Growth' Overshadows Q4 Revenue Beat
Thursday, March 9, 2023 - 1:02pm | 502Shares of MongoDB Inc (NASDAQ: MDB) continued to slide in early trading on Thursday, after the company reported disappointing revenue guidance. Needham analyst Mike Cikos maintained a Buy rating, while raising the price target from $240 to $250. Mizuho Securities analyst Matthew Broome reiterated...
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These 6 Palo Alto Networks Analysts Are Happy With FQ2 Print
Wednesday, February 22, 2023 - 12:25pm | 679Shares of Palo Alto Networks Inc (NASDAQ: PANW) jumped in Wednesday’s premarket session, after the company reported quarterly earnings. KeyBanc Capital Markets analyst Michael Turits reaffirmed an Outperform rating, while raising the price target from $210 to $230. Guggenheim Securities...
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5 Twilio Analysts On Q4 Results: 'Recent Operational Focus Has Started To Bear Fruit'
Thursday, February 16, 2023 - 11:21am | 649Shares of Twilio Inc (NYSE: TWLO) spiked after the company delivered a revenue and earnings beat for its fourth quarter. KeyBanc Capital Markets on Twilio Analyst Thomas Blakey maintained an Overweight rating while raising the price target from $77 to $89. The company’s fourth-quarter beat...
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5 MongoDB Analysts Break Down Q3 Earnings: 'Atlas Consumption Explodes'
Tuesday, December 7, 2021 - 5:03pm | 680Mongodb Inc (NASDAQ: MDB) shares jumped 17.5% on Tuesday after the company reported accelerating revenue growth in the third quarter. On Monday, MongoDB reported a third-quarter adjusted EPS loss of 11 cents, beating consensus analyst estimates of a 38-cent loss. Third-quarter revenue of $226.9...
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Zoom Video Analysts React To Slowing Growth, Valuation Reset After Big Stock Drop
Tuesday, November 23, 2021 - 6:11pm | 717Zoom Video Communications Inc (NASDAQ: ZM) shares dropped 17.4% Tuesday after the company reported yet another quarter of falling revenue growth numbers. On Monday, Zoom Video reported adjusted third-quarter EPS of $1.11 on revenue of $1.05 billion. Both numbers exceeded consensus analyst estimates...
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Cisco Systems Stock Falls After Q1 Earnings: Analysts React To Revenue Miss, Lackluster Guidance
Thursday, November 18, 2021 - 1:49pm | 666Cisco Systems Inc (NASDAQ: CSCO) shares dropped 8% on Thursday after the company reported a sales miss and issued disappointing guidance. Cisco reported fiscal first-quarter adjusted EPS of 82 cents, slightly above the 80 cents analysts were expecting. However, first-quarter revenue of $12.9...
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Zoom Video Shares Pull Back After Q1 Earnings: What Do Analysts Think?
Wednesday, June 2, 2021 - 12:07pm | 624Zoom Video Communications Inc (NASDAQ: ZM) shares traded lower by 0.3% on Wednesday after the company reported blowout first-quarter earnings numbers but warned investors that a slowdown is coming in the quarters ahead. Zoom Video reported first-quarter adjusted EPS of $1.32 on $956.2 million in...
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Why CrowdStrike Is A Top Growth Stock Pick
Wednesday, March 17, 2021 - 4:39pm | 490Crowdstrike Holdings Inc (NASDAQ: CRWD) shares traded lower by 2% on Wednesday after the company reported a profitable fourth quarter and issued guidance above Wall Street expectations. On Tuesday, CrowdStrike reported fourth-quarter adjusted EPS of 13 cents on $264.9 million in revenue. Both...
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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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Zoom Analysts On Work-From-Home Boost, Churn Concerns After 'Historic' Q1 Print
Wednesday, June 3, 2020 - 3:34pm | 1020Zoom Video Communications Inc (NASDAQ: ZM) reported a big first-quarter beat Tuesday, but the stock reaction has been muted as investors express uneasiness over a sky-high valuation. The Zoom Analysts KeyBanc Capital Markets analyst Alex Kurtz maintained a Sector Weight rating on...
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Should You Buy The Dip In Cisco?
Thursday, February 13, 2020 - 4:55pm | 694Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected fiscal second-quarter results that were overshadowed by a weak outlook. As the stock trades lower, Wall Street analysts were quick to weigh in if investors should buy the dip or not. BofA: In-Line With 'Weak' Expectations...
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Nutanix Shares Soar, Sell-Side More Cautious On Near-Term Prospects Amid Transition
Thursday, August 29, 2019 - 1:22pm | 581Nutanix, Inc. (NASDAQ: NTNX) shares continued to soar Thursday after a stronger-than-expected quarter and more confident guidance, but much of the sell-side remained cautious as it transitions from a hardware business to one selling software subscriptions. The company reported continued losses and...
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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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Cisco's Post-Earnings Gain Mirrors Positive Wall Street Commentary
Thursday, November 15, 2018 - 3:42pm | 708Cisco Systems, Inc. (NASDAQ: CSCO) stock is trading higher Thursday after the company reported better-than-expected first-quarter earnings and revenue driven by strength in its core Infrastructure Platforms segment. Cisco also issued guidance that was in-line with expectations. The stock was up...