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Microsoft's Azure Strength Could Rub Off On This Warren Buffett-Backed Stock And Another Big Cloud Player, Says Analyst
Friday, April 26, 2024 - 7:41am | 465Software giant Microsoft Corp. (NASDAQ:MSFT) reported Thursday after the market close strong third-quarter results, sending its stock higher. On Cloud Nine: Microsoft attributed the strong quarterly performance, primarily to its Cloud business. “This quarter Microsoft Cloud revenue was $35....
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Microsoft Analyst Says Q3 Print From 'Favorite AI Superstar' May Boost Bullish Outlook, Sees Azure Raking In Whopping $76B Annual Revenue
Monday, April 22, 2024 - 4:41am | 440Ahead of Microsoft Corp.’s (NASDAQ:MSFT) quarterly earnings, an analyst on Sunday reiterated his bullish stance on the stock. The Microsoft Analyst: Piper Sandler analyst Brent Bracelin maintained an Overweight rating and a $455 price target for the stock. The Microsoft Thesis: Microsoft...
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Adobe's AI Roadmap In Focus: These Analysts Provide Their Takeaways From The Adobe Summit
Wednesday, March 27, 2024 - 12:25pm | 708Adobe Inc. (NASDAQ: ADBE) on Monday kicked off the Adobe Summit, which is scheduled through March 28 and had already seen the unveiling of GenStudio. Here are some key analyst takeaways from the event at Las Vegas. BMO Capital Markets On Adobe Analyst Keith Bachman reiterated an...
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Adobe Q1 Earnings Preview: Analysts See Strong Growth Trends, Spotlight On 'Generative AI-Enabled Suite'
Wednesday, March 13, 2024 - 3:18pm | 789Computer software company Adobe Inc (NASDAQ:ADBE) reports first-quarter financial results Thursday, March 14 after market close. Here's a look at the earnings estimates from analysts, their insights, and key items to watch. Earnings Estimates: Analysts expect Adobe to report first quarter revenue...
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Is Asana Choosing Growth Over Profits? 4 Analysts Drill Down Into Q4 Results
Tuesday, March 12, 2024 - 1:38pm | 571Shares of Asana Inc (NYSE: ASAN) were tanking on Tuesday, even after the company reported upbeat fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On Asana Analyst Gil Luria maintained a Neutral rating and...
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Salesforce Gains Momentum With GenAI Platform, Here's What 9 Analysts Have To Say
Thursday, February 29, 2024 - 12:31pm | 1000Shares of Salesforce Inc (NYSE: CRM) rose in premarket trading on Thursday, after the company reported higher-than-expected sales and earnings for the fourth quarter. Here are some key analyst takeaways from the release. JMP Securities analyst Patrick Walravens maintained a Market Perform rating,...
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Unity Software Downgraded On Heels Of Portfolio Reset, 5 Analysts Provide Key Takeaways
Tuesday, February 27, 2024 - 11:42am | 675Shares of Unity Software Inc (NYSE: U) tanked in early trading on Tuesday, after the company reported a higher-than-expected loss for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler analyst Brent Bracelin...
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Microsoft Enjoys 'First-Mover Advantage' As AI Revenue Doubles, 5 Analysts Explore Q2 Print
Wednesday, January 31, 2024 - 1:10pm | 620Shares of Microsoft Corp (NASDAQ: MSFT) came under pressure early trading on Wednesday, even after the company reported higher-than-expected quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets analyst Keith...
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Adobe Shares Slide After Q4 Print, But These Analysts Are Optimistic About GenAI Tailwinds
Thursday, December 14, 2023 - 1:32pm | 685Adobe Inc (NASDAQ: ADBE) shares tanked in early trading on Thursday, even after the company reported upbeat fiscal fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Stifel On Adobe Analyst Parker Lane maintained...
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Adobe Shares Dip After-Hours On Soft Guidance — But Analyst Foresees 'Meaningful Upside' In 2024 On Generative AI Momentum
Thursday, December 14, 2023 - 2:31am | 444Adobe, Inc. (NASDAQ:ADBE) witnessed a 5% drop in after-hours trading as the company provided a less-than-stellar fiscal year 2024 guidance. However, Piper Sandler analyst Brent Bracelin maintained an Overweight rating with a $650 price target. Adobe’s Performance:...
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4 Oracle Analysts Dive Into Q2 Print: Why Last Quarter's Revenue Drag Persisted
Tuesday, December 12, 2023 - 1:15pm | 519Shares of Oracle Corp (NYSE: ORCL) tanked in early trading on Tuesday, after the company reported disappointing second-quarter sales. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler analyst Brent Bracelin maintained an...
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MongoDB Shares Continue To Tank On Q3 Print: Why These Analysts Are Encouraged By Results
Wednesday, December 6, 2023 - 1:40pm | 681MongoDB Inc (NASDAQ: MDB) shares tanked in early trading on Wednesday despite the company reporting upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler On MongoDB Analyst Brent Bracelin...
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Asana Shares Tumble Despite Revenue Beat — 3 Analysts Deep Dive Into Q3 Print
Wednesday, December 6, 2023 - 1:03pm | 424Shares of Asana Inc (NYSE: ASAN) tanked in early trading on Wednesday, even after the company reported better-than-expected third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler analyst Brent Bracelin...
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Snowflake's Solid Q3 Driven By Strongest Consumption Activity In 2 Years: 9 Of 10 Analysts Raise Their Price Targets
Thursday, November 30, 2023 - 1:37pm | 1331Snowflake Inc (NYSE: SNOW) shares were climbing in early trading on Thursday after the company reported upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Oppenheimer On Snowflake Analyst Ittai Kidron...
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Unity Software Suspends Guidance To Assess 'Product Portfolio And Cost Structure': 5 Analysts Open Up About Q3 Earnings Report
Friday, November 10, 2023 - 2:25pm | 646Unity Software Inc (NYSE: U) announced layoffs and cost-cutting plans after releasing its third-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Stifel On Unity Software Analyst Parker Lane maintained a Buy rating...