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Rubrik Posts Strong F4Q Beat: 6 Analysts Raise Forecasts Citing 'Significant Runway For Growth'
Friday, March 14, 2025 - 12:08pm | 880Shares of Rubrik Inc (NYSE:RBRK) were climbing in early trading on Friday, after reporting upbeat fourth-quarter results. Here are some key analyst takeaways. KeyBanc Capital Markets On Rubrik Analyst Eric Heath maintained an Overweight rating, while reducing the price target from $87 to $82....
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Arista Networks Analysts Evaluate 25% Q4 Growth Against Lower-Than-Expected Annual Guidance
Wednesday, February 19, 2025 - 2:01pm | 421Shares of Arista Networks Inc (NYSE:ANET) were trading lower on Wednesday, despite the company reporting upbeat fourth-quarter results. The results came in amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Arista Networks Analyst James Fish reiterated a Neutral...
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Cisco Systems Analysts Raise Forecasts On 'Meaningful Traction' Across 3 AI Investments
Thursday, November 14, 2024 - 11:44am | 544Shares of Cisco Systems Inc (NASDAQ:CSCO) declined in early trading on Thursday, even after the company reported upbeat fiscal first-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Michael Ng maintained...
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Cisco Q1 Earnings Preview: EPS, Revenue Beat Streak In Focus As Analysts See Potential 'Large-Cap Breakout'
Tuesday, November 12, 2024 - 2:11pm | 685Technology company Cisco Systems (NASDAQ:CSCO) will report its first-quarter financial results after the market closes on Wednesday. The company looks to continue a streak of consecutive revenue and earnings per share beats. Earnings Estimates: Analysts expect Cisco to report first-quarter revenue...
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IBM Posts Mixed Q3 Results, These Analysts Differ On Prospects
Thursday, October 24, 2024 - 1:17pm | 952Shares of IBM (NYSE:IBM) tanked in early trading on Thursday, after the company reported downbeat third-quarter revenues. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Morgan Stanley analyst Erik Woodring maintained an Equal-Weight rating,...
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How Cisco Systems Performed Ex-Splunk, 8 Analysts Weigh In On Q3 Earnings: Here's Where 'Upside Primarily Came From'
Thursday, May 16, 2024 - 11:11am | 1008Shares of Cisco Systems Inc (NASDAQ:CSCO) declined in early trading on Thursday, even after the company reported stronger-than-expected results for its fiscal third quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Michael Ng...
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Cisco Systems Q3 Preview: Analysts Anticipate 'Stabilizing Core Business Trends'
Tuesday, May 14, 2024 - 11:45am | 385Cisco Systems Inc (NASDAQ:CSCO) last month announced the launch of Hypershield for increasing the security of data centers and clouds. The company is scheduled to report its fiscal third-quarter results on Wednesday. Here are some key analyst previews. Piper Sandler On Cisco Systems Analyst James...
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Fastly Has 'Magic Of Possibility,' Says Analyst: 'Growth Comes From Non-Top 10 Enterprises'
Monday, April 8, 2024 - 12:13pm | 276Fastly Inc (NYSE: FSLY) reported mixed results for the fourth quarter. However, the San Francisco-based company is gaining market and has “multiple upside levers,” according to Piper Sandler. The Fastly Analyst: James Fish upgraded the rating for Fastly from Neutral to Overweight, while...
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4 Reasons For This Twilio Analyst To Turn Bullish
Friday, January 12, 2024 - 12:02pm | 305Twilio Inc (NYSE: TWLO) recently announced Khozema Shipchandler replaced Jeff Lawson as CEO. The downward revision of revenue forecasts has impacted the stock over the past six months, according to Piper Sandler. The Twilio Analyst: James Fish upgraded the rating for Twilio from Neutral...
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Why Zoom Video's Stock Is Trading Higher Today
Friday, June 4, 2021 - 11:02am | 326Zoom Video Communications Inc (NASDAQ: ZM) is trading higher Friday after Cathie Wood purchased 96,123 shares for the ARK Innovation ETF (ARCA:ARKK). What Happened: On Tuesday, Zoom Video reported quarterly earnings of $1.32 per share, which beat the estimate of 99 cents. The company reported...
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Fastly's TikTok Dependence Becoming 'Bigger Issue,' Analyst Says In Downgrade
Friday, October 23, 2020 - 11:42am | 427TikTok represents 12% of Fastly's revenue, and a Piper Sandler analyst said this is a major concern going forward for the cloud computing stock. The Fastly Analyst: James Fish downgraded Fastly, Inc. (NYSE: FSLY) from Neutral to Underweight and lowered the price target from $84 to $65....
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4 Reasons Why This Atlassian Analyst Is Bullish
Wednesday, September 16, 2020 - 10:59am | 294Atlassian Corporation PLC (NASDAQ: TEAM) is poised to benefit from the ongoing shift to application development, its low-touch model and its efforts to move toward cloud subscriptions, according to Piper Sandler. The Atlassian Analyst: James Fish initiated coverage of Atlassian with an...
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4 Underappreciated New Money Ideas For The Second Half Of 2020
Friday, July 10, 2020 - 7:50am | 759Cloud-based SaaS companies have managed to generate outsized returns through the first half of 2020, and analysts at Piper Sandler picked four stocks that still hold promise. SaaS Valuations Double The Average: Analyst Brent Bracelin said the stocks are benefiting from rising investor...
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Juniper Networks Buys Mist Systems For $405M: 2 Analyst Takes
Tuesday, March 5, 2019 - 4:38pm | 527Networking developer Juniper Networks, Inc. (NYSE: JNPR) has reached an agreement to acquire Mist Systems, a cloud-managed wireless network solution company often described as "the Waze for Wi-Fi" for $405 million. The Analysts Piper Jaffray's James Fish maintains a Neutral...
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5 Reasons Why Arista Is Now Piper Jaffray's No. 2 Networking Pick
Monday, July 9, 2018 - 9:41am | 454Some of the litigation, expectation and valuation fears that kept Piper Jaffray on the sidelines with Arista Networks Inc (NYSE: ANET) have subsided, prompting the firm to turn bullish on the stock. The Analyst Analyst James Fish upgraded Arista from Neutral to Overweight and increased...