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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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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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4 Twilio Analysts On Cloud Company's Q2 Beat: 'Terrific Story'
Thursday, August 6, 2020 - 10:49am | 688Read More...Twilio Inc (NYSE: TWLO) reported second-quarter results Tuesday that were favorably driven by the COVID-19 pandemic, as its customers are scrambling to accelerate their digital transformation. Here's how the Street reacted to the print. The Twilio Analysts BofA Securities analyst...
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AudioCodes Will Benefit From Accelerating Teams Voice Deployment, Needham Says
Thursday, July 16, 2020 - 2:55pm | 159Read More...AudioCodes’ (NASDAQ: AUDC) accelerated shift to cloud computing, precipitated by COVID-19, could serve to sustainably drive revenue growth rate, according to Needham. The AUDC Analyst: Richard Valera upgraded the stock from Hold to Buy and established a price target of $42. The AUDC Thesis:...
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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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RingCentral Hits New All-Time High: Here's What The Street Has To Say
Tuesday, February 11, 2020 - 1:20pm | 607Read More...RingCentral Inc (NYSE: RNG) reported fourth-quarter results which sent shares flying to new all-time highs. Here is a summary of how some of the Street's top analysts reacted to the print. Review Ring's fourth quarter was highlighted by a subscription revenue beat of 5% versus a historical...
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Needham Likes Vonage After 'Disappointing' 2019
Monday, December 23, 2019 - 12:22pm | 317Read More...2019 was a "disappointing" year for Vonage Holdings Corp. (NYSE: VG) as the stock lost around 10%, but 2020 could prove to be a rebound year as the stock is "set up favorably," according to Needham. The Analyst Needham analyst Richard Valera maintains Vonage at Buy, price target...
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What AWS Pinpoint Means For Vonage And Twilio
Wednesday, September 27, 2017 - 1:17pm | 400Read More...Unperturbed by the news that Amazon.com, Inc. (NASDAQ: AMZN)'s AWS added a two-way SMS capability to its Pinpoint product, which triggered a 7 percent decline in Twilio Inc (NYSE: TWLO) shares and a 2 percent drop in Vonage Holdings Corp. (NYSE: VG) shares on Tuesday, Needham reiterated...
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Cadence Design Systems, Inc. (CDNS) Reports Strong Fourth-Quarter Results
Thursday, February 4, 2010 - 11:07am | 158Read More...Analysts Richard Valera and Patrick O’ Brien at Needham have released a report reviewing the fourth-quarter results at Cadence Design Systems, Inc. (NASDAQ: CDNS). The company reported strong results across all metrics for the first time in several quarters, according to analysts. The company...
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Trimble Navigation Limited (TRMB) Maintains Buy Rating
Wednesday, February 3, 2010 - 2:19pm | 151Read More...Analysts Richard Valera and Patrick O’ Brien at Needham have maintained their Buy rating for Trimble Navigation Limited (NASDAQ: TRMB). The company reported revenue of $278 million and EPS of $0.21 for the fourth quarter beating analysts’ estimate of $268 million and $0.20. The revenue from E&...
