Steve Koenig

Oracle Corporation (NYSE: ORCL) shares were trading lower Wednesday after the company reported a larger-than-expected revenue decline in the fiscal fourth quarter but issued current-quarter guidance that exceeded expectations. Oracle reported fourth-quarter adjusted earnings per share of $1.20,...

Zendesk Inc (NYSE: ZEN) faces a heightened risk of attrition in its core segment that caters to small and medium businesses and is likely to witness a deceleration in closing new sales, according to Wedbush. The Zendesk Analyst Steve Koenig downgraded Zendesk from Outperform to Neutral and reduced...

Data analytics company Splunk Inc (NASDAQ: SPLK) reported a disappointing fourth-quarter bottom-line result Wednesday and issued a weak revenue forecast for the first quarter and fiscal year 2021, sending shares lower. The Splunk Analysts Wells Fargo analyst Philip Winslow reiterated an...

Workday Inc (NASDAQ: WDAY) shares dropped 4.8% on Wednesday after the company reported third-quarter earnings and revenue beats and raised its full-year subscription revenue guidance. Workday reported $798.5 million in total revenue, up 28% from a year ago and slightly ahead of consensus analyst...

Salesforce.com, Inc. (NYSE: CRM) shares dipped 3.5% after the company reported third-quarter revenue and earnings ahead of consensus analyst expectations on Tuesday. Revenue performance obligation (RPO) growth guidance of 21% for the fourth quarter came up short of consensus expectations of 23%....

Autodesk, Inc. (NASDAQ: ADSK) reported strong fiscal third-quarter results, outperforming expectations on important metrics. KeyBanc Bullish Jason Celino of KeyBanc Capital Markets mentioned that the company primary fiscal 2021 outlook was “encouraging.” Autodesk indicated that free...

Smartsheet Inc (NYSE: SMAR) faces increasing competition in the collaboration tools space, especially after the October rollout of a redesigned version of Microsoft Corporation’s (NASDAQ: MSFT) Project software product, with new integrations and subscription plans, according to Wedbush. The...

Investors continued to boost shares of Coupa Software Inc (NASDAQ: COUP) on Wednesday after it beat the Street consensus on revenue on stronger-than-expected sales. As buyers bid the stock up by double-digit percentage points, several sell-side analysts boosted price targets on the SaaS platform...

Sell-side analysts remained mostly bullish, though with lowered price targets, on Autodesk, Inc. (NASDAQ: ADSK) after a strong second-quarter print that was marred for investors by lowered guidance that reflects international economic concerns. Autodesk beat quarterly targets soundly, with revenue...

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...

Shares of salesforce.com, inc. (NYSE: CRM) have been under pressure due to macroeconomic concerns, currency headwinds and skepticism surrounding the recently announced acquisition of Tableau Software, Inc. (NYSE: DATA). The cloud-based software company’s stock could experience some relief...

Oracle Corporation (NYSE: ORCL) stock continued to soar on Thursday after the software company reported a revenue beat and issued bullish guidance the day before.  Some sell-side analysts weren’t impressed enough to leave the sidelines, saying they’re waiting to see if the company...

Enterprise cloud applications company Workday Inc (NASDAQ: WDAY) reported Tuesday fiscal first-quarter 2020 results highlighted by at least 30 percent growth year-over-year in total revenue, subscription revenue and subscription revenue backlog. Here is a summary of how some of the Street's top...

Data analytics company Splunk Inc (NASDAQ: SPLK) reported a beat-and-raise first quarter Thursday. Notwithstanding the solid results, the stock was sharply lower in Friday's session. BTIG analyst Edward Parker told Benzinga Friday that Spunk had a "great quarter," but billings...