Scott Berg

Zoom Video Communications Inc’s (NASDAQ: ZM) current offer to acquire Five9 Inc (NASDAQ: FIVN) seems “fundamentally flawed,” according to Needham. The Five9 Analyst: Scott Berg upgraded the rating for Five9 from Hold to Buy, while establishing a price target of $200. The Five9...

Docusign Inc (NASDAQ: DOCU) shares traded higher by 5.1% on Friday after the company reported a second-quarter earnings beat and raised its guidance. On Thursday, DocuSign reported second-quarter adjusted EPS of 47 cents on $511.8 million in revenue. Both numbers beat consensus analyst estimates of...

Anaplan Inc (NYSE: PLAN) shares gained 11.2% on Wednesday after the company reported second-quarter earnings and revenue beats and raised its full-year guidance. On Tuesday, Anaplan reported a second-quarter adjusted EPS loss of 9 cents, beating analyst estimates of a 14-cent loss. Revenue for the...

Bill.com Holdings Inc (NYSE: BILL) shares rallied Friday after the company reported better-than-expected fourth-quarter sales numbers. On Thursday, Bill.com reported a fourth-quarter adjusted EPS loss of 7 cents, worse that consensus analyst estimates of a 4-cent loss. Revenue for the quarter was $...

Salesforce.com, inc. (NYSE: CRM) traded higher by 4.6% on Thursday after the company reported impressive second-quarter earnings numbers and raised its full-year guidance. On Wednesday, Salesforce reported second-quarter adjusted EPS of $1.48 on revenue of $6.34 billion. Both numbers exceeded...

Shares of Salesforce.com, inc. (NASDAQ: CRM) jumped 5.43% on Friday after the company reported accelerating growth in the first quarter and issued impressive full-year guidance. On Thursday afternoon, Salesforce reported first-quarter EPS of $1.21 on revenue of $5.96 billion. Both numbers...

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...

Shares of DocuSign, Inc. (NASDAQ: DOCU) dipped Thursday afternoon after the eSignature solution company reported fourth-quarter results that disappointed some investors. The DocuSign Analysts: Needham analyst Scott Berg maintains a Buy rating on DocuSign with an unchanged $275 price target....

Cloud-based software stocks have done well amid the work-from-home and study-from-home environment necessitated by the COVID-19 pandemic in 2020. Despite the pricier valuation of the category, an analyst at Needham picked one of the stocks as a recovery play in 2021. The Anaplan Analyst: Needham...

Shares of salesforce.com, inc. (NYSE: CRM) were trading lower Wednesday after the company reported earnings and revenue beats in the third quarter but fell short of expectations for its fourth-quarter guidance. Salesforce also announced its intention to acquire Slack Technologies Inc (NASDAQ:...

The advancements with COVID-19 vaccines of Pfizer Inc. (NYSE: PFE), Moderna Inc. (NASDAQ: MRNA), and AstraZeneca Inc. (NASDAQ: AZN), along with a resurgence of stock market indices like the Dow Jones Industrial Average and S&P 500, hints at a relatively stable...

Workday Inc (NASDAQ: WDAY) shares jumped 13% on Friday after the company reported a quarterly earnings beat and named a new co-CEO. Workday reported an adjusted EPS of 84 cents on $1.06 billion in revenue. Both numbers beat consensus analyst estimates of 66 cents and $1.04 billion, respectively....

The pharma- and life sciences-focused cloud computing company Veeva Systems Inc (NYSE: VEEV) reported solid quarterly results Thursday, sending its shares higher.  The Veeva Systems Analysts: BofA Securities analyst Brad Sills reiterated a Buy rating on Veeva Systems and upped the...

Salesforce.com, inc. (NYSE: CRM) shares jumped 25% on Wednesday after the company reported blowout second-quarter earnings numbers and exceeded expectations with its full-year guidance. Salesforce reported second-quarter EPS of $1.44 on $5.15 billion in revenue. Both numbers exceeded consensus...

The strong momentum in Livongo Health Inc’s (NASDAQ: LVGO) business continued in the second quarter, and the company’s merger with Teladoc Health Inc (NYSE: TDOC) will create a leading virtual health care platform, according to Needham. The Livongo Health Analyst: Scott Berg downgraded...