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Zscaler, CrowdStrike Hit New Highs After Stellar Quarters: What The Sell-Side Says
Thursday, December 3, 2020 - 2:17pm | 778Read More...Shares of cloud security software companies Zscaler Inc (NASDAQ: ZS) and Crowdstrike Holdings Inc (NASDAQ: CRWD) are at record highs following the release of quarterly results. Both companies reported forecast-beating results and issued upbeat guidance for the calendar-year fourth quarter and the...
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Let It SNOW: Wall Street Cheers Snowflake's 'Impressive' Results, Confidence In Long-Term Growth
Thursday, December 3, 2020 - 11:45am | 472Read More...Cloud-based data warehouse company Snowflake Inc (NYSE: SNOW) reported a narrower loss and 119% revenue growth for its third quarter. Following the impressive headline numbers, the stock is moving to the upside. Credit Suisse analyst Brad Zelnick maintained a Neutral rating on Snowflake's and...
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Palantir Analysts Mixed On Data Company, Debate Market Opportunity, Discounted Valuation
Monday, October 26, 2020 - 10:35am | 788Read More...With the IPO quiet period on Palantir Technologies Inc (NYSE: PLTR) expiring, sell-side initiations of the stock are underway. The Palantir Analysts: Morgan Stanley analyst Keith Weiss initiated coverage of Palantir with an Overweight rating and $13 price target. Credit Suisse analyst...
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Fastly Analysts Have More Questions Than Answers Amid Q3 Warning
Thursday, October 15, 2020 - 3:05pm | 405Read More...Analysts are out with their reaction to Fastly Inc's (NYSE: FSLY) preliminary third-quarter earnings and the subsequent 30% drop in share price. Credit Suisse analyst Brad Zelnick maintains an Outperform rating on Fastly and lowers his price target from $110 to $100. Raymond James...
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Unity Software Analysts Assign Triple-Digit Price Targets On Gaming Strength, Future Growth Verticals
Tuesday, October 13, 2020 - 2:06pm | 662Read More...Unity Software (NYSE: U) saw a string of bullish calls from analysts initiating coverage Tuesday thanks to the company’s growth potential outside of its gaming business. Unity Analysts On Its Gaming Platform: Unity has relationships with many of the top gaming companies, including...
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Workday Analysts React To Earnings Beat, Highlight Margin Expansion And Revenue Reacceleration
Friday, August 28, 2020 - 12:27pm | 558Read More...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....
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9 Salesforce Analysts React To 'Jaw Dropping Performance' In Q2
Wednesday, August 26, 2020 - 9:14am | 930Read More...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...
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2 Shopify Analysts Raise Outlooks Ahead Of Q2 Report On E-Commerce Acceleration
Thursday, July 23, 2020 - 10:49am | 404Read More...Shopify Inc (NYSE: SHOP) has been a key beneficiary of the accelerating adoption of online shopping during coronavirus lockdowns. The e-commerce company is scheduled to report second-quarter results Wednesday, July 29. Credit Suisse On Shopify: Analyst Brad Zelnick maintained a Neutral rating...
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What Crowdstrike Analysts Are Saying After Q1 Beat: 'A Unique Investment Vehicle'
Wednesday, June 3, 2020 - 11:40am | 756Read More...Cybersecurity company Crowdstrike Holdings Inc (NASDAQ: CRWD) reported first-quarter results Tuesday highlighted by an 89% year-over-year subscription growth, $686 million in annual recurring revenue and improving free cash flow from negative $16.1 million last year to positive $87 million. Here...
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How CrowdStrike Analysts Are Reacting To Cybersecurity Firm's Q4 Print
Friday, March 20, 2020 - 3:36pm | 468Read More...CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported a strong beat in its fourth-quarter earnings report Thursday. Here's how some analysts reacted to the earnings report. The CrowdStrike Analysts Credit Suisse’s Brad Zelnick maintained a Neutral rating with an unchanged $60 price...
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Splunk Analysts Bullish Despite Investor Pullback Following Q4 Print
Thursday, March 5, 2020 - 11:15am | 940Read More...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...
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Zoom Video Investors Cheer Q4 Results, Analysts Stay Conservative
Thursday, March 5, 2020 - 11:11am | 602Read More...Zoom 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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5 Analysts Raise Shopify Price Targets After Strong Quarter
Thursday, February 13, 2020 - 12:10pm | 764Read More...Shopify Inc (NYSE: SHOP) surged after beating fourth-quarter estimates in gross merchandise volume (GMV), subscription revenue, merchant services revenue, and operating income. The company’s 47% total revenue growth represented its first quarter-over-quarter acceleration since 2013, while the...
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The Street Reviews Adobe's 2019: 'Record Year'
Friday, December 13, 2019 - 2:31pm | 683Read More...Adobe Inc (NASDAQ: ADBE) reported fourth-quarter results Thursday that were highlighted by record quarterly revenue of $2.99 billion and record annual revenue of $11.17 billion. Here's how the Street reacted. Adobe's Quarter In Review Adobe reported "excellent" an...
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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...
