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Why This Adobe Analyst Is Turning Bullish Ahead Of Q3 Earnings
Friday, September 8, 2023 - 10:36am | 245Shares of Adobe Inc (NASDAQ: ADBE) have been in focus ahead of the company’s fiscal third-quarter earnings release. Enterprise checks suggest a “generally healthy” performance in the fiscal third quarter and a “much better” performance in the fourth, according to...
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Is Splunk's Stock Surge Backed By FY Forecast? 4 Analysts Examine FQ2 Results
Thursday, August 24, 2023 - 1:06pm | 559Shares of Splunk Inc (NASDAQ: SPLK) rallied in early trading on Thursday, after the company reported fiscal second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Mizuho Securities On Splunk Analyst Gregg Moskowitz...
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Snowflake Takes Beating Despite Strong Results: 5 Analyst Deep Dives On Q2 Print
Thursday, August 24, 2023 - 10:43am | 602Shares of Snowflake Inc (NYSE: SNOW) declined in early trading on Thursday, despite the company reporting better-than-expected results for its fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler...
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Adobe: An 'AI Winner' Shines In FQ2, Analysts Weigh In
Friday, June 16, 2023 - 11:28am | 773Shares of Adobe Inc (NASDAQ: ADBE) climbed in early trading on Friday, after the company reported better-than-expected results for its fiscal second quarter. Here are some key analyst takeaways from the earnings release. Mizuho Securities On Adobe Analyst Gregg Moskowitz reiterated a Neutral rating...
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Salesforce's AI Strategy Is 'Firming Up': 4 Analysts On Q1 Print, Outlook
Thursday, June 1, 2023 - 12:15pm | 574Shares of Salesforce Inc (NYSE: CRM) tanked in early trading on Thursday, despite the company reporting upbeat revenues and earnings for its first quarter. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler On Salesforce...
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Microsoft Analyst Praises 'Purposeful' AI Moves As Competitors Scramble To Respond
Wednesday, April 26, 2023 - 11:22am | 592Shares of Microsoft Corp (NASDAQ: MSFT) climbed in early trading on Wednesday, after the Redmond, Washington-based company reported upbeat quarterly results. Here are some key analyst takeaways from the earnings call: Morgan Stanley analyst Keith Weiss reiterated an Overweight rating, while...
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7 CrowdStrike Holdings Analysts Dissect The 'Solid' Beat And Raise Quarter
Wednesday, March 8, 2023 - 12:22pm | 749Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) spiked in the premarket on Wednesday, a day after the company reported its fourth-quarter results. Needham analyst Alex Henderson maintained a Buy rating and price target of $165. Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an...
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7 Adobe Analysts On Q4 Earnings: 'First Clean Quarter In A Year'
Friday, December 16, 2022 - 12:04pm | 697Adobe Inc (NASDAQ: ADBE) reported fourth-quarter revenues that were in-line with the consensus estimate, while delivering an earnings beat. Here's what the Street has to say Friday. Piper Sandler On Adobe Analyst Brent Bracelin maintained an Overweight rating while raising the...
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5 Salesforce Analysts Offer Their Takes On Q3 Print, Taylor's Departure As Co-CEO
Thursday, December 1, 2022 - 11:17am | 592Salesforce Inc (NYSE: CRM) recently reported its third-quarter results and that Bret Taylor will step down as co-CEO. Here's how analysts reacted. Check out other analyst stock ratings. Raymond James analyst Brian Peterson reiterated a Strong Buy rating; reduced the price target from $225 to $...
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7 CrowdStrike Analysts Slash Price Targets After 'Disappointing' Earnings Report
Wednesday, November 30, 2022 - 1:10pm | 830Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) hit 52-week lows on Wednesday, even as the company reported better-than-expected results. BofA Securities analyst Jonathan Eisenson reiterated a Buy rating; reduced the price target from $220 to $177. Truist Securities analyst Joel Fishbein...
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5 Adobe Analysts React To Earnings Beat, Guidance Miss, Figma Acquisition
Friday, September 16, 2022 - 1:25pm | 595Adobe Inc (NASDAQ: ADBE) shares traded lower by another 4.5% on Friday after the stock dropped 17% on Thursday, its worst day since 2010. On Thursday, Adobe reported fiscal third-quarter adjusted EPS of $3.40, exceeding consensus analyst estimates of $3.33. Quarterly revenue was $4.43 billion, in-...
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6 Zscaler Analysts Give Their Takes On Upbeat Earnings, Guidance
Friday, September 9, 2022 - 12:00pm | 656Shares of Zscaler Inc (NASDAQ: ZS) spiked close to 11% in Thursday’s after-hours session, after the company reported upbeat quarterly results, with earnings and revenue beating Street expectations. BMO Capital Markets On Zscaler Analyst Keith Bachman maintained an Outperform rating, while...
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Okta Stock Is Sliding Down, Despite 6 Analysts' Mixed Takes on Q2 Earnings, Guidance
Thursday, September 1, 2022 - 5:28pm | 705Shares of Okta Inc (NASDAQ: OKTA) fell in after-hours trading, despite the company reporting a lower-than-expected loss for the second quarter. JMP Securities On Okta Analyst Trevor Walsh reiterated a Market Outperform rating while reducing the price target from $165 to $145. “The stock...
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6 CrowdStrike Analysts Offer Takes On Earnings Beat And Raise Quarter
Wednesday, August 31, 2022 - 11:37am | 684CrowdStrike Holdings Inc (NASDAQ: CRWD) reported its quarter revenue at $535.2 million, up 58% from the year-ago quarter, and adjusted earnings of 36 cents per share, beating analyst expectations. Management guided to earnings for the third quarter and fiscal year ahead of the consensus estimates....
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6 Analysts Offer Takes on Snowflake's 'Truly Impressive' Q2 Earnings, Revenue Beat
Thursday, August 25, 2022 - 1:28pm | 599Shares of Snowflake Inc. (NYSE: SNOW) soared in after-hours trading on Wednesday, after the Bozeman, Montana-based company reported its quarterly revenues ahead of expectations. Mizuho Securities Analyst Gregg Moskowitz reiterated a Buy rating, while raising the price target from $200 to $225....