Matthew Hedberg

Zoom 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...

UiPath Inc (NYSE: PATH) shares are up more than 20% since the company priced its April IPO at $56. UiPath automates repetitive workplace processes. The company reported $607.6 million in revenue in the last fiscal year, up 81% year-over-year. At the same time, UiPath’s net loss narrowed from...

Crowdstrike 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...

With a wide portfolio of products, Palo Alto Networks Inc (NYSE: PANW) is well-positioned in the cybersecurity space, according to RBC Capital Markets. The Palo Alto Networks Analyst: Matthew Hedberg upgraded Palo Alto Networks from Sector Perform to Outperform and raised the price target from...

From escalating tensions between the U.S. and China, the highly infectious coronavirus pandemic outbreak, and the 2020 presidential Election, this year has turned into a rollercoaster ride for investors. Forced lockdowns weighed down industries like the oil & gas sector, retail businesses,...

Dynatrace Inc (NYSE: DT) began trading on the public market earlier this month, and on Monday two Street analysts began coverage of the software intelligence platform company with bullish ratings. The Analysts RBC Capital Markets analyst Matthew Hedberg initiated coverage of...

F5 Networks, Inc. (NASDAQ: FFIV) announced Monday a deal to acquire privately held NGINX, which provides an open-source software going by the same name, for $670 million in cash. The Analysts Raymond James analyst Simon Leopold maintained a Market Perform rating on F5 Networks. JPMorgan analyst...

Shares of LogMeIn Inc (NASDAQ: LOGM) are dipping toward their lowest level for the year after the SaaS and cloud-based remote connectivity provider forecast below-consensus first-quarter earnings per share. The Analysts Oppenheimer analyst Shaul Eyal downgraded LogMeIn from Outperform to...

F5 Networks, Inc. (NASDAQ: FFIV), a global specialist in application services and application delivery networking, reported mixed fiscal first-quarter results Wednesday. Here's how analysts on the Street reacted. The Analysts Bank of America's Tal Liani maintains a Buy rating on F5...

Nutanix Inc (NASDAQ: NTNX) shares are higher for the seventh straight day Friday, with the rally strengthening since Wednesday. The stock rallied close to 10 percent to $33.18 Wednesday amid a positive analyst opinion and has extended its gain Friday, with the most recent strength traced back to...

Some investors put their financial livelihoods in the hands of analysts researching their relevant stocks. Upgrades and downgrades determine how they play their portfolios — when to sell, when to buy, when to hold. Some analysts have better foresight than others do, though, and their...

Palo Alto Networks Inc (NYSE: PANW) reported disappointing results and guidance. RBC Capital’s Matthew Hedberg said in a note he wasn’t “throwing in the towel at these levels as we have confidence in our new estimates and believe management, which we still have a high degree of...

VMware, Inc. (NYSE: VMW) reported after Thursday's market close one of its best prints in years, at least according to RBC Capital Markets' Matthew Hedberg. VMware reported that it earned $1.43 per share in the fourth quarter on revenue of $2.03 billion while Wall Street analysts were expecting the...