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5 Analysts Takeaways As Chegg's Stock Crashes After Q1 Earnings Report
Tuesday, May 3, 2022 - 12:57pm | 501Chegg Inc (NYSE: CHGG) reported its first-quarter adjusted earnings of 32 cents per share, ahead of the consensus estimates of 24 cents per share. Net revenues missed Street expectations and the company slashed its full-year revenue and adjusted EBITDA guidance. Piper Sandler On Chegg: Analyst...
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Why These Analysts Raised Price Targets For Box After Upbeat Q3 Print
Wednesday, December 1, 2021 - 2:09pm | 208Box 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...
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Salesforce Stock Falls After Q3 Earnings: Analysts React To Conservative Guidance, Mulesoft Headwinds
Wednesday, December 1, 2021 - 1:26pm | 748Salesforce.com, inc. (NYSE: CRM) shares fell Wednesday after the company missed expectations with its fourth-quarter guidance. Salesforce reported third-quarter adjusted EPS of $1.27 on revenue of $6.86 billion. Both numbers exceeded consensus analyst estimates of 92 cents and $6.8 billion,...
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Salesforce Stock Jumps After Q2 Earnings: 8 Analysts React To Big Deals And Impressive Growth
Thursday, August 26, 2021 - 4:04pm | 737Salesforce.com, inc. (NYSE: CRM) traded higher by 4.6% on Thursday after the company reported impressive second-quarter earnings numbers and raised its full-year guidance. On Wednesday, Salesforce reported second-quarter adjusted EPS of $1.48 on revenue of $6.34 billion. Both numbers exceeded...
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ZoomInfo's Stock Surges Higher After Q2 Earnings: More Upside Ahead?
Tuesday, August 3, 2021 - 2:10pm | 642ZoomInfo Technologies Inc (NASDAQ: ZI) shares traded higher by 13% on Tuesday morning after the company reported better-than-expected quarterly numbers. On Monday afternoon, ZoomInfo reported second-quarter adjusted EPS of 14 cents on revenue of $174 million. Both numbers exceeded analyst estimates...
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Coupa Software Stock Retreats On Q1 Results: Why Analysts Are Long-Term Bullish
Tuesday, June 8, 2021 - 4:54pm | 719Coupa Software Incorporated (NASDAQ: COUP) shares traded sharply lower Tuesday despite the company reporting better-than-expected first-quarter results. Here's what the Street had to say. The Coupa Analysts: Morgan Stanley analyst Stan Zlotsky maintained an Overweight rating on Coupa...
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5 Salesforce Analysts Break Down Q1 Beat: 'Executing On Improving Growth And Margins'
Friday, May 28, 2021 - 4:39pm | 578Shares of Salesforce.com, inc. (NASDAQ: CRM) jumped 5.43% on Friday after the company reported accelerating growth in the first quarter and issued impressive full-year guidance. On Thursday afternoon, Salesforce reported first-quarter EPS of $1.21 on revenue of $5.96 billion. Both numbers...
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Chegg Analysts Bullish After Q1 Report: 'Balanced Subscriber Beat'
Tuesday, May 4, 2021 - 3:44pm | 519Chegg Inc (NYSE: CHGG) shares traded lower Tuesday after the company reported mixed first-quarter earnings numbers. For the first quarter, Chegg reported adjusted EPS of 28 cents, missing consensus analyst estimates of 31 cents. First-quarter revenue was $198.3 million, beating Wall Street...
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Shopify Analysts Cautious Following Q1 Print: 'Look For A More Attractive Entry Point'
Thursday, April 29, 2021 - 5:41pm | 666Shopify Inc (NYSE: SHOP) shares dropped 4.41% Thursday as investors took profits following the company’s big first-quarter earnings beat. For the first quarter, Shopify reported adjusted EPS of $2.01 on $988.6 million in revenue. Both numbers beat consensus analyst estimates of 75 cents and $...
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'A COUR Growth Idea To Own': Analysts Initiate Coverage Of Coursera
Monday, April 26, 2021 - 1:13pm | 578Coursera Inc (NYSE: COUR) shares are up significantly since the company priced its late-March IPO at $33. The California company works with more than 200 universities to offer online courses and certifications. A boom in online education during the COVID-19 pandemic sent Coursera’s revenue...
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4 Qualtrics Analysts Are Staying On Sidelines, Despite Growth Prospects
Tuesday, February 23, 2021 - 6:26pm | 696Experience management software provider Qualtrics International Inc (NASDAQ: XM) debuted Jan. 28 on Wall Street. With the company's IPO quiet period expiring, sell-side analysts started coverage of the stock, and most are staying on the sidelines. The Qualtrics Analysts: BofA Securities...
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'Shine On You Crazy Diamond': Analysts Respond To HubSpot's Earnings
Monday, February 15, 2021 - 10:06am | 567Shares of HubSpot Inc (NYSE: HUBS) soared Friday after the company released a huge earnings beat for its fourth-quarter results and analysts raised price targets. HubSpot’s revenue shot up 35% year-over-year coming in at $252.1 million, far ahead of the Street estimate of $236.7...
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6 Salesforce Analysts React To Slack Deal: 'Game-Changer Potential'
Wednesday, December 2, 2020 - 11:49am | 716Shares of salesforce.com, inc. (NYSE: CRM) were trading lower Wednesday after the company reported earnings and revenue beats in the third quarter but fell short of expectations for its fourth-quarter guidance. Salesforce also announced its intention to acquire Slack Technologies Inc (NASDAQ:...
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Veeva Systems Analysts Confident In Cloud Company's Trajectory After Q2 Beat
Friday, August 28, 2020 - 1:04pm | 660The pharma- and life sciences-focused cloud computing company Veeva Systems Inc (NYSE: VEEV) reported solid quarterly results Thursday, sending its shares higher. The Veeva Systems Analysts: BofA Securities analyst Brad Sills reiterated a Buy rating on Veeva Systems and upped the...
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9 Salesforce Analysts React To 'Jaw Dropping Performance' In Q2
Wednesday, August 26, 2020 - 10:14am | 930Salesforce.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...