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Zoom Analysts On Work-From-Home Boost, Churn Concerns After 'Historic' Q1 Print
Wednesday, June 3, 2020 - 3:34pm | 1020Zoom Video Communications Inc (NASDAQ: ZM) reported a big first-quarter beat Tuesday, but the stock reaction has been muted as investors express uneasiness over a sky-high valuation. The Zoom Analysts KeyBanc Capital Markets analyst Alex Kurtz maintained a Sector Weight rating on...
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Zoom Video Investors Cheer Q4 Results, Analysts Stay Conservative
Thursday, March 5, 2020 - 12:11pm | 602Zoom Video Communications, Inc. (NASDAQ: ZM) reported fourth-quarter results highlighted by an earnings and revenue beat. Zoom Video Creported quarterly earnings of 15 cents per share, which beat the analyst consensus estimate of 7 cents. The company reported quarterly sales of $188.3 million,...
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Analysts Turn Incrementally Bullish After Veeva's Beat And Raise
Wednesday, August 28, 2019 - 12:55pm | 457Cloud solutions provider for the life sciences industry company Veeva Systems Inc (NYSE: VEEV) reported second-quarter results, which prompted two analysts to become incrementally bullish on the stock. The Analysts Stifel analyst Tom Roderick maintains a Buy rating on Veeva with a price target...
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Stifel Starts Medallia Coverage Bullish, Says TAM Is Both Sizable And Strategic
Monday, July 22, 2019 - 3:07pm | 309Medallia Inc (NYSE: MDLA) addresses a sizable and strategic total addressable market, and could return to mid-20% growth or even accelerate growth to 30% in the next few years, according to Stifel. The Analyst Stifel’s Tom Roderick initiated coverage of Medallia with a Buy rating and a price...
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It's Not Too Late To Buy PROS Holdings, Stifel Says In Upgrade
Thursday, May 23, 2019 - 12:33pm | 383Shares of PROS Holdings, Inc. (NYSE: PRO) gained around 82 percent in 2018, but it’s “hardly too late on this stock” given that the company’s top line growth is accelerating and its free cash flows could be positive soon, according to Stifel. The Analyst Tom Roderick...
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Blackbaud's Guidance Reset Sends Analysts To Sidelines
Tuesday, October 9, 2018 - 10:48am | 501Software provider Blackbaud, Inc. (NASDAQ: BLKB) made a negative pre-announcement Monday after the close, lowering its non-GAAP revenue, operating margin, EPS as well as free cash flow guidance for 2018. The Analysts Stifel analyst Tom Roderick downgraded shares of Blackbaud from Buy to...
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Wall Street Reacts After Salesforce Q2 Beat: 'Hard To Shake A Stick At'
Thursday, August 30, 2018 - 10:59am | 872Salesforce.com (NYSE: CRM) reported second-quarter earnings Wednesday with a strengthened focus on customer experience and 20-percent organic billings growth. The Analysts Morgan Stanley analyst Keith Weiss maintained an Overweight rating on Salesforce with a $178 price target. Stifel...
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Stifel Downgrades Synchronoss Technologies: 'Time Is Not On Their Side'
Monday, July 30, 2018 - 2:47pm | 453Synchronoss Technologies, Inc. (OTC: SNCR) — a provider of cloud, messaging, digital and IoT products and platforms — has seen its story "descend into madness" over the past 18 months, according to Stifel, and the firm is turning bearish on the stock. The...
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Analysts Back Up Positive Market Reaction To Salesforce's Q1 Earnings
Wednesday, May 30, 2018 - 1:05pm | 617Salesforce.com, Inc. (NYSE: CRM) stock jumped 2.4 percent on Wednesday morning after the company reported earnings and revenue numbers that topped Wall Street expectations. Several analysts have weighed in on the stock following the report. Here’s a sampling of what they had to say. Clean...
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Wall Street Reacts To Salesforce's $6.5-Billion Mulesoft Acquisition
Wednesday, March 21, 2018 - 3:40pm | 847Salesforce.com, inc. (NYSE: CRM) confirmed after Tuesday's market close it has agreed to acquire Mulesoft Inc (NYSE: MULE) after a Reuters report suggested the two companies were in advanced merger talks. Hee's how sell-side analysts reacted to the $6.5-billion deal. The Analysts...
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Adobe Hits New Highs: Wall Street Debates If It's Time To Buy Or Sell
Sunday, March 18, 2018 - 3:20pm | 675Adobe Systems Incorporated (NASDAQ: ADBE) reported last Thursday its fiscal first quarter results which helped boost the stock to a new all-time high of $228.88 Friday. With the stock now up more than 80 percent over the past year, are Wall Street analysts recommending investors cash in on their...
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2 Salesforce Q1 Initiatives Warmly Received By Customers
Friday, May 19, 2017 - 10:21am | 537Reviewing salesforce.com, inc. (NYSE: CRM)'s first-quarter results released Thursday after the close, Stifel referred to the company's assertion that two initiatives in the quarter yielded positive customer feedback. Initiatives Yield Fruit Analysts Tom Roderick and Parker Lane highlighted the...
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The Party's Just Getting Started For Salesforce
Tuesday, May 16, 2017 - 9:17am | 353According to analysts at Stifel, salesforce.com, inc. (NYSE: CRM)'s 31-percent gain since the start of 2017 is just the beginning. Stifel's Tom Roderick maintains a Buy rating and $100 price target on salesforce's stock, noting that the current environment is "rewarding consistency and fundamental...
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Salesforce Billing Slowdown Hardly A Cause For Panic
Thursday, September 1, 2016 - 12:31pm | 246Shares of salesforce.com, inc. (NYSE: CRM) plunged more than 6 percent after calculated billings and third quarter guidance were below what many analysts were expecting. According to Tom Roderick of Stifel, Salesforce's billings and guidance miss "hardly seems like the beginning of the...
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Will There Be Good News In Tableau's Q4 Earnings?
Wednesday, February 3, 2016 - 3:06pm | 368Despite expectations that the company will miss key targets, Tableau Software Inc (NYSE: DATA)'s fourth-quarter results might inspire some investor confidence coming into the new fiscal year. Tableau will report results Thursday after market close. The Street is looking for revenue of $200.8...