Steve Enders

Box Inc (NYSE: BOX) reported strong results for the fiscal third quarter, with both revenues and earnings ahead of expectations. Raymond James On Box: Analyst Brian Peterson of Raymond James reiterated an Outperform rating for Box, while raising the price target from $29 to $30. The results...

Zoom Video Communications Inc (NASDAQ: ZM) shares dropped 17.4% Tuesday after the company reported yet another quarter of falling revenue growth numbers. On Monday, Zoom Video reported adjusted third-quarter EPS of $1.11 on revenue of $1.05 billion. Both numbers exceeded consensus analyst estimates...

Cisco Systems Inc (NASDAQ: CSCO) shares dropped 8% on Thursday after the company reported a sales miss and issued disappointing guidance. Cisco reported fiscal first-quarter adjusted EPS of 82 cents, slightly above the 80 cents analysts were expecting. However, first-quarter revenue of $12.9...

Cisco Systems Inc (NYSE: CSCO) shares traded lower by 0.27% on Thursday (as of press time) after the company held its long-awaited investor day event on Wednesday. At the event, Cisco management said it expects its six core pillars strategy will help the company expand its total addressable market...

Strong customer wins across multiple price points by Asana Inc (NYSE: ASAN) were called out as a key catalyst by analysts after the company's second-quarter earnings report. The Asana Analysts: Piper Sandler analyst Brent Bracelin has an Overweight rating and raised the price...

Zoom Video Communications Inc (NASDAQ: ZM) shares dropped Tuesday after the telecommunication software company warned investors to expect headwinds in the second half of the year. On Monday, Zoom reported second-quarter adjusted EPS of $1.36 on revenue of $1.02 billion. Both numbers exceeded...

Even with businesses reopening their offices, Zoom Video Communications Inc (NASDAQ: ZM) is poised to benefit from a “future hybrid work state,” in which enterprise IT budgets will continue to prioritize video and cloud communications, according to KeyBanc Capital Markets. The Zoom...

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...

Asana Inc (NYSE: ASAN) is well-positioned to execute in the collaborative work management (CWM) market, which is estimated at $32 billion, according to KeyBanc Capital Markets. The Asana Analyst: Steve Enders upgraded the rating for Asana from Sector Weight to Overweight, while keeping the price...

In separate notes, KeyBanc Capital Markets initiated coverage of collaboration technology leader Dropbox Inc (NASDAQ: DBX) and cloud content leader Box Inc (NYSE: BOX). The Tech Analyst: Steve Enders initiated coverage of Dropbox with a Sector Weight rating and started coverage of Box with an...

Recent sales investments by LivePerson, Inc. (NASDAQ: LPSN) should result in strong new enterprise customer adds and expand the opportunity at existing customers, driving revenue reacceleration and margin expansion, according to KeyBanc Capital Markets. The Analyst Steve Enders initiated coverage...

One of technology's biggest events, CES 2018, kicked off in Las Vegas on Monday. Investors looking for a way to capitalize on the event may want to consider these four picks, courtesy of KeyBanc Capital Markets. The Analysts KeyBanc's Alex Kurtz and Steve Enders. The Thesis One of...

KeyBanc Capital Markets recommends buying the recent weakness in Arista Networks Inc (NYSE: ANET) shares. The firm maintained its Overweight rating on the shares of Arista Networks and upped its price target from $200 to $213. After slumping 8.16 percent to $181.17 on Thursday, shares of Arista...

Pacific Crest Securities, a unit of KeyBanc Capital Markets, said in a note on Monday it would be buyers of Nutanix Inc (NASDAQ: NTNX) at current levels, with the current valuation about four times its 2018 revenue. The stock had dipped 35 percent since its second-quarter 2017 earnings call....

Pacific Crest Securities initiated coverage on Nutanix Inc (NASDAQ: NTNX) with an Outperform rating and a price target of $37, implying an upside potential of more than 25 percent from the current levels. The firm cited strong demand for end-customer for hyperconverged solutions and other positives...