Arvind Ramnani

Chegg 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...

Artificial intelligence software company C3.ai Inc (NYSE: AI) reported quarterly results and guidance on Thursday. Here’s the reaction from analysts. The C3.AI Analysts: Morgan Stanley analyst Sanjit Singh issued an Underperform rating and price target of $31. JMP analyst Patrick...

Upstart Holdings Inc (NASDAQ: UPST) shares gained 20% on Wednesday after the company reported a second-quarter earnings beat and issued strong guidance for the third quarter. On Tuesday, Upstart reported second-quarter adjusted EPS of 62 cents on $193.9 million in revenue. Both numbers exceeded...

One of the best-performing IPOs of 2020 was SaaS company C3.ai Inc (NASDAQ: AI). The stock priced at $42, above its initial range of $30 to $33, and closed at $161 in their first week of trading.  Growth Ahead: C3.ai is called a disruptive enterprise software vendor by Wedbush analyst Daniel...

TurboTax and QuickBooks parent company Intuit Inc. (NASDAQ: INTU) reported fiscal first-quarter results highlighted by a 14% revenue growth. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets analyst Alex Zukin maintains an...

Financial and accounting software maker Intuit Inc's. (NASDAQ: INTU) differentiated product offering, large customer base, proprietary tech stack and focus on innovation and customers have positioned the company for superior revenue growth and margin expansion, according to Piper Sandler. The...

Cloud-based SaaS companies have managed to generate outsized returns through the first half of 2020, and analysts at Piper Sandler picked four stocks that still hold promise. SaaS Valuations Double The Average: Analyst Brent Bracelin said the stocks are benefiting from rising investor...

IBM (NYSE: IBM) shares tumbled 6% on Thursday after the company missed consensus revenue expectations and reported its fifth consecutive quarter of negative sales growth. Third-quarter revenue was down 4% from a year ago, but IBM’s recently closed Red Hat acquisition was a silver lining. Red...

IBM (NYSE: IBM) reported second-quarter results, which one analyst praised for showing growth in important areas while another said cloud revenue was a "real weak spot." The Analysts KeyBanc's Arvind Ramnani maintains at Sector Weight. Morgan Stanley's Katy Huberty doesn'...

Pluralsight Inc (NASDAQ: PS) addresses a large and expanding market and could sustain more than 30% growth in the near-term given “its cloud-based platform, differentiated content generation and highly referenceable marquee client base,” according to KeyBanc Capital...

While shares of 2U Inc (NASDAQ: TWOU) reflect recent obstacles and potential near-term challenges, the company is a differentiated technology provider in a very large market that has been bolstered by the recent acquisition of Trilogy, according to KeyBanc Capital Markets. The Analyst Arvind...

Cognizant Technology Solutions Corp (NASDAQ: CTSH) reported Thursday after the close with below-consensus first-quarter revenue and reduced its full-year guidance, citing weakness in the financial and health care verticals. The Analyst KeyBanc Capital Markets analyst Arvind Ramnani...

Momentum in services and growth in the cloud business were bright spots in IBM (NYSE: IBM)’s earnings report, but reactions to the print on the Street were muted, as focus now shifts to Big Blue’s acquisition of open source cloud software company Red Hat. The Analsyts Wedbush’s...

HR software represents a large and attractive opportunity, and Paylocity Holding Corp (NASDAQ: PCTY) is a niche HR SaaS provider in the underserved small-to-medium-size business market, according to KeyBanc Capital Markets. The Analyst Arvind Ramnani initiated coverage of Paylocity...

The recent pullback in Q2 Holdings Inc (NYSE: QTWO) shares offers a near-term investment opportunity in a niche company that continues to increase its total addressable market, according to KeyBanc Capital Markets. The Analyst Analyst Arvind Ramnani upgraded Q2 Holdings from Sector Weight to...