Brad Zelnick

Cloud-based data warehousing company Snowflake Inc. (NASDAQ: SNOW) reported fourth-quarter revenue Wednesday that more than doubled from a year ago and a loss that narrowed from the year-ago quarter. The full-year revenue guidance was about in-line with estimates. The Snowflake Analysts:...

Software giant Microsoft Corporation (NASDAQ: MSFT) is holding its IGNITE 2021, a gathering of developers and IT professionals, between March 2 and 4. The annual event is held virtually this year. IGNITE 2021 kicked off Tuesday with a series of announcements aimed at IT Pros, developers, data...

Zoom Video Communications Inc (NASDAQ: ZM) shares are up 13.2% this week after the company reported better-than-expected fourth-quarter earnings numbers and issued bullish guidance for 2021. For the fourth quarter, Zoom reported adjusted EPS of $1.22 on $882.5 million in revenue. Both numbers beat...

Palantir Technologies Inc (NYSE: PLTR) shares lost 12.75% Tuesday in reaction to mixed fourth-quarter results. Here's what the Street has to say.  The Palantir Analysts: Goldman Sachs analyst Christopher Merwin upgraded Palantir from Neutral to Buy and increased the price...

Shares of cloud security software companies Zscaler Inc (NASDAQ: ZS) and Crowdstrike Holdings Inc (NASDAQ: CRWD) are at record highs following the release of quarterly results. Both companies reported forecast-beating results and issued upbeat guidance for the calendar-year fourth quarter and the...

Cloud-based data warehouse company Snowflake Inc (NYSE: SNOW) reported a narrower loss and 119% revenue growth for its third quarter. Following the impressive headline numbers, the stock is moving to the upside. Credit Suisse analyst Brad Zelnick maintained a Neutral rating on Snowflake's and...

With the IPO quiet period on Palantir Technologies Inc (NYSE: PLTR) expiring, sell-side initiations of the stock are underway. The Palantir Analysts: Morgan Stanley analyst Keith Weiss initiated coverage of Palantir with an Overweight rating and $13 price target. Credit Suisse analyst...

Analysts are out with their reaction to Fastly Inc's (NYSE: FSLY) preliminary third-quarter earnings and the subsequent 30% drop in share price. Credit Suisse analyst Brad Zelnick maintains an Outperform rating on Fastly and lowers his price target from $110 to $100. Raymond James...

Unity Software (NYSE: U) saw a string of bullish calls from analysts initiating coverage Tuesday thanks to the company’s growth potential outside of its gaming business.  Unity Analysts On Its Gaming Platform: Unity has relationships with many of the top gaming companies, including...

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...

Shopify Inc (NYSE: SHOP) has been a key beneficiary of the accelerating adoption of online shopping during coronavirus lockdowns. The e-commerce company is scheduled to report second-quarter results Wednesday, July 29. Credit Suisse On Shopify: Analyst Brad Zelnick maintained a Neutral rating...

Cybersecurity company Crowdstrike Holdings Inc (NASDAQ: CRWD) reported first-quarter results Tuesday highlighted by an 89% year-over-year subscription growth, $686 million in annual recurring revenue and improving free cash flow from negative $16.1 million last year to positive $87 million. Here...

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported a strong beat in its fourth-quarter earnings report Thursday. Here's how some analysts reacted to the earnings report. The CrowdStrike Analysts Credit Suisse’s Brad Zelnick maintained a Neutral rating with an unchanged $60 price...

Data analytics company Splunk Inc (NASDAQ: SPLK) reported a disappointing fourth-quarter bottom-line result Wednesday and issued a weak revenue forecast for the first quarter and fiscal year 2021, sending shares lower. The Splunk Analysts Wells Fargo analyst Philip Winslow reiterated an...