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Snowflake Investors 'Further Confused' After Q2 Earnings: One Analyst Says They Know Why
Thursday, August 22, 2024 - 12:05pm | 624Shares of Snowflake Inc (NYSE:SNOW) tanked in early trading on Thursday, after the company reported weak quarterly sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Snowflake Analyst Mark Murphy reiterated an Overweight rating...
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Why ServiceNow Stock Is Down Monday
Monday, July 8, 2024 - 4:22pm | 485ServiceNow, Inc. (NYSE:NOW) shares are trading lower Monday after Guggenheim analyst John Difucci downgraded the stock from Neutral to Sell and announced a $640 price target. The Details According to a MarketWatch report, the Guggenheim analyst sees an "unfavorable" setup for ServiceNow...
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Why Did Snowflake Cut Margin Outlook After A Solid Q1? 11 Analysts Dive Deeper
Thursday, May 23, 2024 - 2:35pm | 1356Shares of Snowflake Inc (NYSE:SNOW) tanked in early trading on Thursday, after the company reported results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Matthew Hedberg reiterated an Outperform rating,...
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MongoDB's Concerns About Outlook Despite Strong Q4 Results: Analysts Revise Forecasts
Friday, March 8, 2024 - 2:14pm | 910MongoDB Inc (NASDAQ: MDB) shares were down on Friday after the company reported its fourth-quarter results and issued weak guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On MongoDB Analyst Rudy Kessinger...
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Pure Storage Has A 'Durable Competitive Advantage,' This Bullish Analyst Says
Wednesday, March 6, 2024 - 11:17am | 279Several Pure Storage Inc (NYSE: PSTG) analysts last week bumper their forecasts on upbeat fourth-quarter results. The Purity operating system, which offers customers a consistent user experience by using a single software layer across the portfolio, provides the company a “durable...
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C3.ai Analysts Underwhelmed By Q2 Results: 'Slow Adoption Of Generative AI'
Thursday, December 7, 2023 - 6:23pm | 521Shares of C3.ai Inc (NYSE: AI) tanked Thursday after the company reported a fiscal second-quarter revenue miss. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. JMP Securities On C3.ai Analyst Patrick Walravens maintained a...
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MongoDB Shares Continue To Tank On Q3 Print: Why These Analysts Are Encouraged By Results
Wednesday, December 6, 2023 - 1:40pm | 681MongoDB Inc (NASDAQ: MDB) shares tanked in early trading on Wednesday despite the company reporting upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler On MongoDB Analyst Brent Bracelin...
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Snowflake's Solid Q3 Driven By Strongest Consumption Activity In 2 Years: 9 Of 10 Analysts Raise Their Price Targets
Thursday, November 30, 2023 - 1:37pm | 1331Snowflake Inc (NYSE: SNOW) shares were climbing in early trading on Thursday after the company reported upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Oppenheimer On Snowflake Analyst Ittai Kidron...
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Splunk Reports Strong Quarter On Cybersecurity Demand: These 4 Analysts Deep Dive Into Q3 Print
Wednesday, November 29, 2023 - 1:29pm | 586Splunk Inc (NASDAQ: SPLK) shares were rising in early trading on Wednesday after the company reported upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities On Splunk Analyst Joel Fishbein...
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Is Splunk A Good Investment After Cisco Deal Announcement? 7 Analysts Weigh In
Friday, September 22, 2023 - 12:34pm | 894Shares of Splunk Inc (NASDAQ: SPLK) rose in early trading on Thursday, after Cisco Systems Inc (NASDAQ: CSCO) announced its intention to acquire the company for $157 per share. BMO Capital Markets On Splunk Analyst Keith Bachman downgraded the rating from Outperform to Market Perform, while raising...
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GitLab Analysts Review Beat And Raise Quarter: Seat Contraction 'Remains A Headwind'
Wednesday, September 6, 2023 - 12:12pm | 542Shares of GitLab Inc (NASDAQ: GTLB) climbed in early trading on Wednesday, after reporting its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from Asana’s earnings release. Truist Securities analyst Joel Fishbein maintained a...
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Snowflake Takes Beating Despite Strong Results: 5 Analyst Deep Dives On Q2 Print
Thursday, August 24, 2023 - 10:43am | 602Shares of Snowflake Inc (NYSE: SNOW) declined in early trading on Thursday, despite the company reporting better-than-expected results for its fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler...
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MongoDB Gets Major Forecast Revisions By These 4 Analysts After Upbeat Earnings
Friday, June 2, 2023 - 10:54am | 532Shares of MongoDB Inc (NASDAQ: MDB) climbed in early trading on Friday, after the company’s big earnings beat. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler Analyst Brent Bracelin maintained an Overweight rating...
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C3.ai Beats Q4 Estimates: Stock Sells Off, Analysts Weigh In
Thursday, June 1, 2023 - 11:49am | 441Enterprise artificial intelligence company C3.ai Inc (NYSE:AI) issued its fourth-quarter earnings on Wednesday, beating Street estimates with a revenue of $72.4 million, a slight increase from last year’s $72.3 million. The company, having posted a loss of 13 cents per share, did better than...
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3 Gitlab Analysts React To Q4 Print As Stock Drops 28% On Tuesday
Tuesday, March 14, 2023 - 10:56am | 422Gitlab Inc (NASDAQ: GTLB) reported a narrower-than-expected loss for the fourth quarter but announced a weak revenue outlook. RBC Capital Markets On Gitlab Analyst Matthew Hedberg maintained an Outperform rating, while reducing the price target from $60 to $45. “Results were negatively...