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The Street's Reaction To VMware's Q4
Friday, February 28, 2020 - 4:50pm | 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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Microsoft Analysts Shrug Off Tech Giant's Coronavirus Warning: 'A Temporary Dynamic'
Thursday, February 27, 2020 - 12:49pm | 681Read More...Microsoft Corporation (NASDAQ: MSFT) is the latest tech company to warn of a possible shortfall due to the COVID-19 virus outbreak. The Microsoft Analysts Morgan Stanley analyst Keith Weiss maintained an Overweight rating on Microsoft with a $200 price target. Wedbush analyst Daniel Ives...
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Microsoft Analysts See 20% Upside Following Across-The-Board Q2 Beat
Thursday, January 30, 2020 - 12:20pm | 1002Read More...Microsoft Corporation (NASDAQ: MSFT) reported stellar fiscal-year second-quarter results, sending shares higher. Microsoft reported quarterly earnings of $1.51 per share, which beat the analyst consensus estimate of $1.32. This is a 37% increase over earnings of $1.10 per share from the same period...
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Wall Street Is As Bullish As Ever On Salesforce
Wednesday, December 4, 2019 - 11:16am | 676Read More...Salesforce.com, Inc. (NYSE: CRM) shares dipped 3.5% after the company reported third-quarter revenue and earnings ahead of consensus analyst expectations on Tuesday. Revenue performance obligation (RPO) growth guidance of 21% for the fourth quarter came up short of consensus expectations of 23%....
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Analyst: Microsoft Teams Service With 20M DAUs Is 'Clearly A Negative' For Slack Investors
Wednesday, November 20, 2019 - 1:15pm | 446Read More...A blog post this week by Microsoft Corporation (NASDAQ: MSFT) revealed its Microsoft Teams service now has more than 20 million users. One analyst said the success of Teams is bad news for competitor Slack Technologies Inc (NYSE: WORK). The Analyst Mizuho analyst Gregg Moskowitz reiterated his Buy...
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What Mark Parker's Departure And John Donahoe's Arrival Means For Nike, ServiceNow
Wednesday, October 23, 2019 - 2:45pm | 753Read More...The footwear industry is undergoing a massive executive shakeup. It began Monday when Adidas AG (ADR) (OTC: ADDYY) CMO Eric Liedtke announced he was stepping down. Liedtke was largely responsible for Adidas’ resurgence in North America and was presumably the company’s next pick for CEO...
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Atlassian Analyst Confident In Software Company's Growth After Q1 Print
Friday, October 18, 2019 - 10:55am | 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...
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Mizuho Stays Neutral On FireEye, Cites 'Low Organic Growth Profile'
Wednesday, October 9, 2019 - 2:20pm | 262Read More...FireEye Inc.'s (NASDAQ: FEYE) stock continued to surge after it raised its third-quarter sales guidance Tuesday afternoon. But at least one sell-side analyst is staying on the sidelines, saying the growth potential is low. The California-based cybersecurity company now sees third-quarter sales...
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Mizuho Appreciates Slack's Platform, But Competitive Sidelines Are Too Big To Ignore
Friday, September 13, 2019 - 10:23am | 386Read More...Slack Technologies Inc (NYSE: WORK) boasts a best-in-class product, but the competitive environment will likely limit Slack's pricing power and expansion opportunities, according to Mizuho. The Analyst Mizuho Securities analyst Gregg Moskowitz initiated coverage of Slack with a Neutral rating...
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CrowdStrike Wows Analysts With Execution: 'Difficult Not To Be Impressed'
Friday, September 6, 2019 - 2:01pm | 642Read More...Shares of Crowdstrike Holdings Inc (NASDAQ: CRWD) were slipping Friday, giving back some of the strong gains they've notched since their June IPO. The weakness has come despite the cybersecurity company's beat-and-raise second-quarter report Thursday. The Analysts JMP...
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Despite Proofpoint's Q2 Beat, This Analyst Thinks Material Upside Unlikely In 2019
Friday, July 26, 2019 - 11:38am | 358Read More...Proofpoint Inc (NASDAQ: PFPT) reported strong second-quarter results and slightly raised 2019 guidance, while billings and revenue modestly exceeded estimates. Despite the solid performance, the company may not be able to deliver material upside throughout 2019, which is critical for a re-rating of...
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The Street Is Mostly Bullish On ServiceNow
Thursday, July 25, 2019 - 12:50pm | 579Read More...ServiceNow Inc (NYSE: NOW) reported second-quarter results, highlighted by a modest billings beat. Revenue grew by 35% year-over-year and subscription revenue was higher by 36% year-over-year. Management lifted GAAP subscription revenue guidance for the full fiscal year from $3.243 billion to $3.25...
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CrowdStrike Quite Period Ends: Here's What Analysts Are Saying
Monday, July 8, 2019 - 1:26pm | 767Read More...The quite period for Crowdstrike Holdings Inc (NASDAQ: CRWD) has come to an end after its initial public offering on June 12. Multiple analysts are now able to publicly discuss their thoughts on the cloud-delivered cybersecurity company that leverages artificial intelligence to protect customers....
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'Compelling Asset': Splunk Analysts Bullish After Software Company's Q1, But Investors Pull Back
Friday, May 24, 2019 - 4:17pm | 922Read More...Data analytics company Splunk Inc (NASDAQ: SPLK) reported a beat-and-raise first quarter Thursday. Notwithstanding the solid results, the stock was sharply lower in Friday's session. BTIG analyst Edward Parker told Benzinga Friday that Spunk had a "great quarter," but billings...
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3 Cyberark Bulls Share Takeaways From Q1 Print
Wednesday, May 15, 2019 - 12:19pm | 621Read More...IT security company Cyberark Software Ltd (NASDAQ: CYBR) reported first-quarter results Tuesday that arrived better than expected and prompted several Street analysts to turn incrementally bullish on the stock. The Analysts Wedbush's Daniel Ives maintained an Outperform rating on...
















