Ken Wong

Shares of HubSpot Inc (NYSE:HUBS) were climbing in early trading on Thursday, after the company reported upbeat fourth-quarter results. The company reported its quarterly results amid positive earnings season. Here are some key analyst takeaways. Piper Sandler On HubSpot Analyst Brent Bracelin...

Shopify Inc (NYSE: SHOP) shares climbed in early trading on Monday, after reporting blockbuster Black Friday results. RBC Capital Markets analyst Paul Treiber maintained an Outperform rating and price target of $80. Oppenheimer analyst Ken Wong reiterated an Outperform rating and price target of $...

Shares of PTC Inc. (NASDAQ: PTC) were climbing in early trading on Monday, just weeks after the company acquired Pure-Systems. As optimism around growth across the software segment wanes, PTC and other “durable cash flow generators” could attract more investor attention, according to...

Shares of BILL Holdings Inc (NYSE: BILL) rose in early trading on Friday, amid big moves by Information Technology stocks. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Mizuho Securities On BILL Holdings Analyst Siti Panigrahi...

Shopify Inc (NYSE: SHOP) issued upbeat earnings in October, beating analyst consensus for the quarter. But, that is not the reason why Oppenheimer Research analyst Ken Wong issued an Outperform rating, with a $45 price target on the stock — it's because the Ottawa, Canada-based company...

Wix.com Ltd. (NASDAQ: WIX) shareholders may benefit from the website-building platform's cost-cutting measures, according to Oppenheimer. The Analyst: Ken Wong upgraded the rating for Wix.com to Outperform, while keeping the price target unchanged at $100. The Thesis: Starboard has bought a...

The web development platform Wix.Com Ltd (NASDAQ: WIX)'s near-term cash strategy may put off investors as it spends money to boost collections — but the payoff should be worth it, sell-side analysts said Friday. Wix reported revenue of $174 million Thursday, just beating the...

Shares of Shopify Inc (NYSE: SHOP) have gained more than 45 percent since the start of 2019 and the stock's valuation implies limited upside potential ahead, according to Guggenheim Partners. The Analyst Guggenheim's Ken Wong downgraded Shopify from Buy to Neutral while removing a $285...

Millions of Americans are putting the finishing touches on their taxes this week. A Guggenheim analyst said Thursday that within the next few years, many of them may be using TurboTax Live, which could dramatically boost shares of Intuit Inc. (NASDAQ: INTU). The Analyst Guggenheim’s Ken...

Applications software vendor Autodesk, Inc. (NASDAQ: ADSK) held its Investor Day event Thursday, and analysts came away from the event with largely unchanged outlooks.  The Analysts Oppenheimer analyst Koji Ikeda reiterated an Outperform rating and $190 price target for Autodesk. ...

Adobe Inc (NASDAQ: ADBE) hosted its annual Summit in Las Vegas earlier this week. The focus was on extracting value from the flood of data being generated by enterprises, according to Guggenheim Securities. While Adobe seems to have the necessary assets in place, they need to come...

Guggenheim initiated coverage of a trio of software companies Wednesday with a mostly bullish take on the outlook for the group. The Analyst Guggenheim analyst Ken Wong:  Initiated coverage of Wix.com Ltd (NASDAQ: WIX) with a Buy rating and $130 price target. Initiated HubSpot Inc (NYSE...

Shares of Adobe Inc. (NASDAQ: ADBE) were dropping Friday after the cloud software company issued disappointing second-quarter guidance, but sell-side analysts seemed less concerned. Reactions were mixed, with a couple reminding investors that Adobe’s core business is fine and continued growth...

Shopify Inc (NYSE: SHOP) reported some impressive holiday sales numbers, but the stock took a big hit after guidance fell short of the market’s expectations. Shopify revenue was up 54.3 percent to $343.86 million in the fourth quarter. But with shares up 30 percent year-to-date, traders took...