Bhavan Suri

Tech stocks led the market lower on Monday, with the Technology Select Sector SPDR Fund (NYSE: XLK) trading down 1% on the day. Twilio Inc (NYSE: TWLO) shares plunged 9.7%, Roku Inc (NASDAQ: ROKU) shares dropped 4.4% and Snap Inc (NYSE: SNAP) shares tumbled 7.1% amid the sell-off. Fearful Investors...

Twilio Inc (NYSE: TWLO), a cloud communications platform, said Monday it reached an agreement to acquire SendGrid Inc (NYSE: SEND), a digital communications platform that specializes in mass e-mailing. Here's a roundup of how some of the Street's analysts reacted to the merger. The Analysts...

At the surface, Pivotal Software Inc (NYSE: PVTL)’s second quarter offered little reason for complaint. The metrics reported Wednesday showed top- and bottom-line beats and an outlook above consensus forecasts. But the Street was unimpressed and unforgiving. Shares dipped nearly 28 percent...

Salesforce.com (NYSE: CRM) reported second-quarter earnings Wednesday with a strengthened focus on customer experience and 20-percent organic billings growth. The Analysts Morgan Stanley analyst Keith Weiss maintained an Overweight rating on Salesforce with a $178 price target.  Stifel...

Salesforce.com, Inc. (NYSE: CRM) stock jumped 2.4 percent on Wednesday morning after the company reported earnings and revenue numbers that topped Wall Street expectations. Several analysts have weighed in on the stock following the report. Here’s a sampling of what they had to say. Clean...

Smartsheet Inc (NYSE: SMAR), a cloud-based collaboration platform that makes it easier for businesses to plan, track and automate work at scale, saw its shares trade on a public exchange in late April for the first time. Now that the quiet period has ended, some of the Street's top analysts are...

Smartsheet Inc (NYSE: SMAR), a SaaS workflow platform, recently offered 11.63 million shares in an IPO at $15 each. The sell-side is starting coverage of the company now that its IPO quiet period is expiring.  The Analyst William Blair analyst Bhavan Suri initiated coverage of...

The quiet period following the IPO of Dell Technologies spin-off Pivotal Software Inc (NYSE: PVTL) has ended, and several Wall Street analysts have weighed in on the stock. Here’s a rundown of what they’ve had to say. Voices From The Street William Blair analyst Bhavan Suri said...

AlarmCom Hldg Inc (NASDAQ: ALRM) reported 27-percent revenue growth and a strong increase in non-GAAP earnings per share from 19 cents to 26 cents after the close Tuesday. SaaS and license revenue climbed 39 percent to $65.2 million. Notwithstanding the good fourth-quarter results, one analyst...

Appian Corporation (NYSE: APPN) was downgraded by William Blair ahead of its fourth-quarter report on what the firm said is a full valuation and balanced risk-reward profile.  The Analyst Bhavan Suri of William Blair downgraded Appian Corp. from Outperform to Market Perform. The Thesis...

The IPO quiet period for email marketing company SendGrid Inc (NYSE: SEND) expired Monday, and the sell-side offered its take on the investability of the stock. Volume-Driven Growth Growth at SendGrid is driven by increased email volume and will benefit as overall email usage improves...

Salesforce.com, inc. (NYSE: CRM) reported its first look into fiscal 2019. The company guided its fiscal 2019 revenue to be in a range of $12.45 billion to $12.50 billion which implies a 20 percent growth rate. The Analyst William Blair's Bhavan Suri. The Rating Suri maintains an Outperform...

William Blair commended two SaaS plays, Mulesoft Inc (NYSE: MULE) and Blackline Inc (NASDAQ: BL), for their solid quarterly performances. Q1 Analysis Analysts Bhavan Suri and David Griffin said BlackLine has made it look easy by turning in another solid beat-and-raise performance. The analysts...

Twilio Inc (NYSE: TWLO), a once-hot stock that soared after its 2016 initial public offering, tanked more than 30 percent. Twilio's stock plummeted after the company report a strong first-quarter earnings report Tuesday afternoon, but the company's guidance for the full-year fell well short...

Twilio Inc (NYSE: TWLO), one of the hottest IPO performing stocks of 2016, is scheduled to report its first-quarter results after markets close next Tuesday. Q1 Expectations Bhavan Suri of William Blair previewed Twilio's earnings in a research report. Here is a summary of some of his key findings...