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5 MongoDB Analysts Break Down Q3 Earnings: 'Atlas Consumption Explodes'
Tuesday, December 7, 2021 - 5:03pm | 680Mongodb Inc (NASDAQ: MDB) shares jumped 17.5% on Tuesday after the company reported accelerating revenue growth in the third quarter. On Monday, MongoDB reported a third-quarter adjusted EPS loss of 11 cents, beating consensus analyst estimates of a 38-cent loss. Third-quarter revenue of $226.9...
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Snowflake Shares Rally On Q2 Results: What 3 Analysts Are Saying
Thursday, August 26, 2021 - 5:18pm | 579Cloud computing-based data warehousing company Snowflake Inc. (NASDAQ: SNOW) reported better-than-expected results for its fiscal year second quarter, sending its shares higher Thursday. The Snowflake Analysts: Piper Sandler analyst Brent Bracelin maintained an Overweight rating on Snowflake...
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Why MongoDB's Stock Is Trading Higher Today
Friday, June 4, 2021 - 9:35am | 261MongoDB Inc (NASDAQ: MDB) is trading higher Friday morning after the database software company announced better-than-expected financial results. What Happened: MongoDB reported a first-quarter earnings loss of 15 cents per share, which beat the estimate for a loss of 37 cents per share. The...
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5 Splunk Analysts Break Down SaaS Company's Q1 Earnings, Guidance
Thursday, June 3, 2021 - 4:59pm | 999Shares of cloud-based data analytics company Splunk Inc. (NASDAQ: SPLK) retreated Thursday following the release of its first-quarter results. The Splunk Analysts: Needham analyst Jack Andrews maintained a Buy rating on Splunk and lowered the price target from $265 to $198. Rosenblatt...
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4 Atlassian Analysts On The Q2 Print, Outlook
Friday, January 29, 2021 - 4:04pm | 620Trello's parent company Atlassian Corporation PLC (NASDAQ: TEAM) reported Thursday afternoon with fiscal-second quarter results that came in better than expected, as the company has continued to add new customers during the COVID-19 pandemic. Here's how some of the Street's...
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Wall Street Cautious On Oracle: 'Investors Likely Have To See The Growth Before Believing It'
Wednesday, June 17, 2020 - 11:33am | 738Oracle Corporation (NYSE: ORCL) shares were trading lower Wednesday after the company reported a larger-than-expected revenue decline in the fiscal fourth quarter but issued current-quarter guidance that exceeded expectations. Oracle reported fourth-quarter adjusted earnings per share of $1.20,...
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Cloudera Analysts Examine Potential Suitors, Takeout Price Amid Sale Rumor
Wednesday, June 10, 2020 - 1:46pm | 592Data engineering and analytics company Cloudera Inc (NYSE: CLDR) surged about 19% on Tuesday following reports of the enterprise software company exploring strategic options. The Cloudera Analysts: Morgan Stanley analyst Sanjit Singh has an Overweight rating and $15 price target for Cloudera....
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Cloudera Analysts Say Private, Public Cloud Traction Key After Mixed Q1
Thursday, June 4, 2020 - 2:27pm | 848Cloud-based enterprise data company Cloudera Inc (NYSE: CLDR) reported better-than-expected first-quarter results but issued below-par guidance Wednesday, sending its shares lower. The Cloudera Analysts BofA Securities analyst Kash Rangan reiterated an Underperform rating on Cloudera shares...
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Needham: Google Private Cloud Reports Create Nutanix Buying Opportunity
Tuesday, September 18, 2018 - 2:13pm | 415Nutanix Inc (NASDAQ: NTNX) stock jumped Tuesday after selling off by 12 percent Monday following media reports of a major new competitor in the private cloud market. What Happened The Information reported that Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) will expand its cloud business...
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A Nutanix Bull Explains What The Street May Be Misunderstanding
Wednesday, November 22, 2017 - 2:58pm | 436Nutanix Inc (NASDAQ: NTNX), a provider of an operating system that converges silos of servers, virtualization and storage into an integrated solution, saw its stock soar more than 100 percent during its first day of trading in 2016 and closed the day at $37. The stock hasn't traded near this...
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3 Reasons To Buy Proofpoint, According To DA Davidson
Wednesday, April 19, 2017 - 8:14am | 358Need a reason to buy shares of Proofpoint Inc (NASDAQ: PFPT) despite a 45 percent gain over the past year? Analysts at DA Davidson are offering three. DA Davidson's Jack Andrews upgraded Proofpoint from Neutral to Buy with a price target boosted from $83 to $90. The analyst initiated coverage...
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Tableau's Market Opportunity Is Gradually Being Eroded By More Heavyweight Enterprise Software Players
Tuesday, March 14, 2017 - 8:12am | 483D.A. Davidson’s Jack Andrews believes competition in Tableau Software Inc’s (NYSE: DATA) core market continues to intensify, “not only from a standalone analytics perspective, but also from the emerging trend whereby analytics capabilities are increasingly embedded within various...
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Salesforce And Why This Is The Year Of 'Einstein'
Thursday, March 9, 2017 - 2:29pm | 401According to DA Davidson analyst Jack Andrews, you don’t have to be a genius to see that salesforce.com, inc. (NYSE: CRM)’s 2017 will be all about Einstein. Einstein is Salesforce’s recently-launched artificial intelligence technology that is now integrated into the company’...
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FireEye's Q4 Was Disappointing 'On Multiple Fronts,' But Valuation Is Already Distressed
Friday, February 3, 2017 - 2:29pm | 332Jack Andrews of D.A. Davidson reiterated his Buy rating on FireEye Inc (NASDAQ: FEYE) despite the cybersecurity firm reporting a disappointing quarter on many fronts and issued a weak first-quarter guide for billings. Shares of FireEye fell to an all-time low on the recent weakness in fundamentals...
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2017 Is A Wildcard For Tableau Software
Wednesday, February 1, 2017 - 1:48pm | 341D.A. Davidson’s Jack Andrews believes 2017 is a wildcard for Tableau Software Inc (NYSE: DATA), while expecting the data analytics software maker’s fourth EPS and revenues above Street. Tableau, whose software enables people to manipulate data without advanced training, will...