Rob Owens

Shares of Palo Alto Networks Inc (NASDAQ: PANW) tanked in early trading on Wednesday, even after the company reported a revenue beat for its fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler analyst Rob...

Shares of Fortinet Inc (NASDAQ: FTNT) climbed in premarket trading on Wednesday, after the cybersecurity company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler analyst Rob...

Zscaler Inc (NASDAQ: ZS) shares tanked in premarket trading on Tuesday, after the company reported its first quarter results for fiscal 2024. The stock did manage to rebound in the morning. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings...

DocuSign Inc (NASDAQ: DOCU) has an elevated risk profile given the CEO transition, execution challenges, high employee turnover and a deteriorating macro environment, according to Piper Sandler. The DocuSign Analyst: Rob Owens downgraded DocuSign from Neutral to Underweight and ...

Cloud-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...

While the market may compare PagerDuty Inc’s (NYSE: PD) second-quarter beat with that delivered in the previous quarter, the company’s story remains well on track, with positive signs of margin expansion and strong top-line growth, according to KeyBanc Capital Markets. The Analyst...

Docusign Inc (NASDAQ: DOCU) shares soared 20% on Friday after the company reported second-quarter earnings and blew third-quarter guidance expectations out of the water. DocuSign missed second-quarter EPS estimates but beat on revenue. Friday’s big move was likely in response to the company...

Shares of Palo Alto Networks Inc (NYSE: PANW) continued to rebound with investors and sell-side analysts seeing long-term upside amid a shift to cloud security that outweighs weaker near-term guidance. The stock initially dropped after the fourth-quarter print despite results that beat Street...

Box Inc (NYSE: BOX) shares tanked more than 8% on Thursday morning — although the stock eventually pared those losses — after the company reported a second-quarter earnings beat on Wednesday. Box’s top- and bottom-line numbers were solid, but its operating margins and lack of...

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...

Splunk Inc (NASDAQ: SPLK) shares dropped 8.5% on Thursday after the company reported an earnings beat and a major acquisition. Splunk’s second-quarter EPS and revenue came in ahead of Wall Street expectations, and the data analysis software company also raised its full-year revenue guidance...

ServiceNow Inc (NYSE: NOW) reported second-quarter results, highlighted by a modest billings beat. Revenue grew by 35% year-over-year and subscription revenue was higher by 36% year-over-year. Management lifted GAAP subscription revenue guidance for the full fiscal year from $3.243 billion to $3.25...

DocuSign, Inc. (NASDAQ: DOCU) shares were down Friday following disappointing guidance and tepid billings, but KeyBanc remained Overweight on the stock calling the results a “slight hiccup.” The Analyst KeyBanc’s Rob Owens kept an Overweight rating on DocuSign with a $65 price...

Shares of Palo Alto Networks Inc (NYSE: PANW) continued to drop Thursday after a mixed third-quarter earnings report that included a billings miss and weaker-than-expected guidance as the company said two acquisitions would hurt its fourth-quarter earnings. But several sell-side analysts said it...

FireEye, Inc. (NASDAQ: FEYE)’s $250-million acquisition of security vendor Verodin won praise Wednesday from sell-side analysts who said it should create upside to FireEye’s long-term strategic value. While positive on the acquisition, there was also a “wait-and-see”...