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Zoom Video Analysts Cautious Following Earnings Beat: 'Rich Multiple Given Implied Deceleration'
Tuesday, March 2, 2021 - 12:20pm | 628Read More...Zoom Video Communications Inc (NASDAQ: ZM) shares are up 13.2% this week after the company reported better-than-expected fourth-quarter earnings numbers and issued bullish guidance for 2021. For the fourth quarter, Zoom reported adjusted EPS of $1.22 on $882.5 million in revenue. Both numbers beat...
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4 Analysts On Twilio's Year-End Report: 'Digital Darling'
Thursday, February 18, 2021 - 2:46pm | 571Read More...Shares of Twilio (NYSE: TWLO) were gaining ground Thursday after the San Francisco-based cloud communications platform reported higher-than-expected revenue and earnings for the fourth quarter and full year 2020. Twilio's Numbers: Twilio posted $548.1 million in fourth-quarter revenue, up...
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Cisco Analysts On COVID-19 Recovery, Challenges, Valuation After Q2 Print
Wednesday, February 10, 2021 - 12:00pm | 957Read More...Cisco Systems, Inc. (NASDAQ: CSCO) reported second-quarter results late Wednesday that came in ahead of expectations. Here's what the Street has to say. The Cisco Analysts: Morgan Stanley analyst Meta Marshall maintained an Overweight rating and $54 price target for Cisco shares....
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4 Atlassian Analysts On The Q2 Print, Outlook
Friday, January 29, 2021 - 3:04pm | 620Read More...Trello's parent company Atlassian Corporation PLC (NASDAQ: TEAM) reported Thursday afternoon with fiscal-second quarter results that came in better than expected, as the company has continued to add new customers during the COVID-19 pandemic. Here's how some of the Street's...
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KeyBanc Initiates Coverage On Cloudflare Amid New Products
Tuesday, December 1, 2020 - 1:08pm | 246Read More...Although shares of Cloudflare Inc (NYSE: NET) have appreciated by around 300% year to date, the stock may be interesting for high-growth software investors, according to KeyBanc Capital Markets. The Cloudflare Analyst: Alex Kurtz initiated coverage of Cloudflare with an Overweight rating and a...
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Zoom's Stock Takes Pause Shooting To The Moon: Analysts React To Q3 Beat
Tuesday, December 1, 2020 - 1:02pm | 756Read More...Zoom Video Communications Inc (NASDAQ: ZM) reported third-quarter results that came in better than expected but investors appear to be disappointed based on the 14% selloff. The Analysts: Rosenblatt Securities analyst Ryan Koontz maintains a Neutral rating on Zoom's stock with a price...
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Twilio Analysts Boost Price Targets Following Q3 Report: 'Attractive Growth Story'
Tuesday, October 27, 2020 - 11:12am | 552Read More...Multiple Twilio analysts issued price target increases Tuesday after the cloud company highlighted revenue growth, customer wins and a large addressable market in its third-quarter report. Twilio Analysts On Revenue: Twilio Inc (NYSE: TWLO) reported third-quarter revenue that...
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4 Asana Analysts Initiate On The Workplace Software Stock
Monday, October 26, 2020 - 9:48am | 786Read More...Wall Street analysts released their recommendations Monday for Asana Inc (NYSE: ASAN), the cloud-based platform for team collaboration and work management that went public in late September. The Asana Analysts KeyBanc Capital Markets analyst Alex Kurtz initiated coverage of Asana with a Sector...
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Analysts On Twilio Investor Day: 'More Confidence In Owning TWLO For The Next Decade'
Friday, October 2, 2020 - 12:22pm | 505Read More...Twilio Inc (NYSE: TWLO) shares hit new 52-week highs on Friday after jumping more than 13% in response to a guidance hike during Thursday’s investor day event. In August, Twilio guided for third-quarter revenue of between $401 million and $406 million, but the company said it now expects...
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Takeaways From 6 Zoom Video Analysts On Work-From-Home Stock's Big Q2 Beat
Tuesday, September 1, 2020 - 10:15am | 692Read More...Zoom Video Communications (NASDAQ: ZM) reported a blowout second quarter Monday that saw revenue up 355%. The company’s customer base grew by 458% to 370,200. Here's what the Street has to say. The Zoom Analysts: BTIG analyst Matt VanVliet upgraded Zoom from Neutral to Buy and added...
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Zoom Analysts On Work-From-Home Boost, Churn Concerns After 'Historic' Q1 Print
Wednesday, June 3, 2020 - 2:34pm | 1020Read More...Zoom 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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The Street's Reaction To VMware's Q4
Friday, February 28, 2020 - 3:50pm | 727Read More...Enterprise software company VMware, Inc. (NYSE: VMW) reported fourth-quarter results that disappointed investors, partly due to what the company described as "late-quarter execution challenges" as one very large deal "came in an hour after our bookings cut off." Here is a...
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Zoom Video Sells Off After Q3 Earnings Print
Friday, December 6, 2019 - 11:04am | 586Read More...Zoom Video Communications Inc. (NASDAQ: ZM) lost a bit of the zoom in its growth trajectory in the third quarter, spooking investors. Sell-side analysts said the company's communications story remains strong, though the stock price may already reflect it. The Analysts Morgan Stanley's Meta...
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Arista Hit Hard On Q4 Sales Warning: Is Facebook To Blame?
Friday, November 1, 2019 - 11:31am | 858Read More...Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday. The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...
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Atlassian Analyst Confident In Software Company's Growth After Q1 Print
Friday, October 18, 2019 - 9:55am | 688Read More...Project management and collaboration software provider Atlassian Corporation PLC (NASDAQ: TEAM) reported forecast-beating first-quarter results Thursday and issued above-consensus second-quarter guidance. The company also announced the acquisition of Code Barrel, an automation tool maker...
