Kash Rangan

Plenty of opportunity exists in the $1-trillion global cloud software market, but investors should be careful about how they approach the space, according to Goldman Sachs.  The Cloud Analyst: Kash Rangan initiated coverage of 12 cloud software stocks with the following ratings:...

Adobe Inc (NASDAQ: ADBE) reported strong third-quarter results Tuesday. Here's what five analysts had to say after the print.  The Adobe Analysts: BofA Securities analyst Kash Rangan reiterated a Buy rating on Adobe shares with a $570 price target.  BMO Capital Markets...

Oracle Corporation (NYSE: ORCL) reported better-than-expected first-quarter results and guided above consensus estimates for the second quarter. Here's what the Street has to say.  The Oracle Analysts: Stifel analyst Brad Reback maintained a Hold rating on Oracle and increased the...

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....

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...

Microsoft Corporation (NASDAQ: MSFT) is in the spotlight after press reports suggest that Redmond could acquire social media platform TikTok’s operations in the U.S., Canada, New Zealand and Australia, according to BofA Securities. The Microsoft Analyst: Kash Rangan maintained a Buy rating on...

Microsoft Corporation (NASDAQ: MSFT) shares ticked lower on Thursday after the company reported 13% revenue growth in a difficult fiscal fourth quarter. Microsoft reported fourth-quarter adjusted EPS of $1.46 on revenue of $38 billion. Both numbers topped consensus analyst estimates of $1.34 and $...

Microsoft Corporation (NASDAQ: MSFT) is scheduled to report fourth-quarter earnings after the close on Wednesday.  Despite the negative impact of company layoffs on Microsoft’s on-premise server products and Office 365 seats, recent partner conversations remain bullish for the company...

Stocks hit the skids on Thursday as investors grow increasingly concerned about the potential negative impact of a surge in U.S. COVID-19 infections. For investors who believe Thursday’s sell-off is the beginning of a longer-term downtrend, Bank of America recently released their top 10 high-...

Splunk Inc (NASDAQ: SPLK) can achieve its target of a compounded average growth rate of 40% annual recurring revenue through fiscal 2023 by expanding its existing customer base, according to BofA Securities. The Splunk Analyst: Kash Rangan maintained a Buy rating for Splunk and raised the...

Cloud-based enterprise data company Cloudera Inc (NYSE: CLDR) reported better-than-expected first-quarter results but issued below-par guidance Wednesday, sending its shares lower. The Cloudera Analysts BofA Securities analyst Kash Rangan reiterated an Underperform rating on Cloudera shares...