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Oracle Exhibits Strong And Sustained Cloud Momentum: 5 Wall Street Analysts React To FQ4 Results
Tuesday, June 13, 2023 - 11:40am | 627Shares of Oracle Corporation (NYSE: ORCL) climbed in early trading on Monday, after the company reported better-than-expected results for its fiscal fourth quarter. Goldman Sachs On Oracle Analyst Kash Rangan upgraded Oracle from Sell to Neutral, while raising the price target from $75 to $120. The...
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Palantir Just Beat Earnings And The Stock Is Ripping, But 4 Analysts Are Mixed
Tuesday, May 9, 2023 - 12:10pm | 593Palantir Technologies Inc (NYSE: PLTR) reported strong first-quarter results, driving its shares more than 20% higher during Tuesday’s morning session. By The Numbers: Palantir’s revenue increased 18% year-over-year to $525 million, beating the consensus estimates of $505.6 million....
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Microsoft Analyst Praises 'Purposeful' AI Moves As Competitors Scramble To Respond
Wednesday, April 26, 2023 - 11:22am | 592Shares of Microsoft Corp (NASDAQ: MSFT) climbed in early trading on Wednesday, after the Redmond, Washington-based company reported upbeat quarterly results. Here are some key analyst takeaways from the earnings call: Morgan Stanley analyst Keith Weiss reiterated an Overweight rating, while...
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4 Analyst Takeaways From Palantir Technologies' Quarterly Results — Ranging From $5 To $15 PTs
Tuesday, February 14, 2023 - 12:02pm | 503Shares of Palantir Technologies Inc (NYSE: PLTR) spiked in early trading on Monday, after the company reported its fourth-quarter results. Morgan Stanley on Palantir Technologies Analyst Keith Weiss maintained an Equal-Weight rating and price target of $8. “Palantir again delivered a slight...
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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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Mixed Reactions From 3 Palantir Analysts To Q3 Print: Is The Stock Set To Bounce Or Drop To $5?
Tuesday, November 8, 2022 - 11:54am | 514Palantir Technologies Inc (NYSE: PLTR) on Monday reported third-quarter results and reaffirmed full-year guidance. RBC Capital Markets On Palantir Technologies Analyst Rishi Jaluria reiterated an Underperform rating, while reducing the price target from $6 to $5. The company reported “...
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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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5 Adobe Analysts React To Earnings Beat, Guidance Miss, Figma Acquisition
Friday, September 16, 2022 - 1:25pm | 595Adobe Inc (NASDAQ: ADBE) shares traded lower by another 4.5% on Friday after the stock dropped 17% on Thursday, its worst day since 2010. On Thursday, Adobe reported fiscal third-quarter adjusted EPS of $3.40, exceeding consensus analyst estimates of $3.33. Quarterly revenue was $4.43 billion, in-...
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Oracle's Cloud Business Sustains Momentum On Heels Of Mixed Quarter Results, Cerner Deal
Tuesday, September 13, 2022 - 12:32pm | 447Shares of Oracle Corporation (NYSE: ORCL) rose during Monday’s after-hours session, despite the Austin, Texas-based company posting earnings short of expectations. Investors bought Oracle shares after the database software giant reported quarterly upbeat revenues with a healthy contribution...
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Too Many Subscriptions? Here's Why An Analyst Is A Buyer Of The Trend To Cut Bills
Monday, September 12, 2022 - 12:04pm | 300Bill.com Holdings Inc (NYSE: BILL) has a first-mover advantage in accounts payable (AP) and accounts receivable (AR) automation for small and mid-sized businesses (SMBs), according to Morgan Stanley. The Bill.com Analyst: Keith Weiss initiated coverage of Bill.com with an Overweight rating and...
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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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3 Asana Analysts On Earnings: Better Than Expected, But 'Continued Deceleration And More Macro Headwinds To Surface'
Thursday, September 8, 2022 - 12:04pm | 420Shares of Asana Inc (NYSE: ASAN) spiked in Wednesday's after-hours session after the company reported better-than-expected quarterly results and raised its revenue guidance for the fiscal year. RBC Capital Markets On Asana Analyst Rishi Jaluria reiterated an Underperform rating while raising...
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6 Analysts Offer Takes on Snowflake's 'Truly Impressive' Q2 Earnings, Revenue Beat
Thursday, August 25, 2022 - 1:28pm | 599Shares of Snowflake Inc. (NYSE: SNOW) soared in after-hours trading on Wednesday, after the Bozeman, Montana-based company reported its quarterly revenues ahead of expectations. Mizuho Securities Analyst Gregg Moskowitz reiterated a Buy rating, while raising the price target from $200 to $225....
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Why These 5 Intuit Analysts Love Q4 Print, Guidance
Wednesday, August 24, 2022 - 12:06pm | 595Intuit Inc. (NASDAQ: INTU) Tuesday announced strong results for the fourth quarter and full fiscal year 2022. Here is what five analysts think. Piper Sandler On Intuit Analyst Arvind Ramnani reiterated an Overweight rating and a price target of $553. The company’s fiscal fourth-quarter beat...
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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 $...