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Microsoft Analysts On Redmond's Q3 Beat: 'A Core Growth Holding'
Thursday, April 30, 2020 - 11:47am | 860Microsoft Corporation (NASDAQ: MSFT) reported strongly quarterly results Wednesday, and the Street is bullish. The Microsoft Analysts Morgan Stanley analyst Keith Weiss maintained an Overweight rating and lifted the price target from $180 to $198. BofA Securities analyst Kash Rangan reiterated...
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Analysts Like The Workday Story After Q4 Report, But UBS Sees Better Value In Other SaaS Leaders
Friday, February 28, 2020 - 2:48pm | 728Shares of Workday Inc (NASDAQ: WDAY) are sharply lower despite the company reporting forecast-beating fourth-quarter results on Thursday. The Workday Analysts Needham analyst Scott Berg maintained a Buy rating on Workday with a $250 price target. Morgan Stanley analyst Keith Weiss...
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Microsoft Analysts See 20% Upside Following Across-The-Board Q2 Beat
Thursday, January 30, 2020 - 12:20pm | 1002Microsoft Corporation (NASDAQ: MSFT) reported stellar fiscal-year second-quarter results, sending shares higher. Microsoft reported quarterly earnings of $1.51 per share, which beat the analyst consensus estimate of $1.32. This is a 37% increase over earnings of $1.10 per share from the same period...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 11:44am | 641For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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More Work To Do: Workday Plummets After Analyst Event
Wednesday, October 16, 2019 - 1:14pm | 604Workday Inc (NASDAQ: WDAY) shares dropped 12.8% on Wednesday after the company held its analyst day event this week. Wall Street analysts came away from the event concerned about Workday’s ability to monetize its latest products and meet consensus earnings and revenue targets in the near term...
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Oracle Shares Fall, Analysts Tepid After Shaky Q1 Print
Thursday, September 12, 2019 - 2:51pm | 516Shares of Oracle Corporation (NYSE: ORCL) dropped on Thursday after a lackluster first-quarter print that also kept sell-side analysts tepid on the stock. Quarterly sales came in at $9.21 billion, missing estimates by $72 million and guidance for the current quarter was below estimates. The company...
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The Street Loves Still Loves Salesforce
Friday, August 23, 2019 - 12:26pm | 738Salesforce.com, inc.'s (NYSE: CRM) second-quarter results came in better than expected. On top of an earnings and sales beat, management guided third-quarter results ahead of expectations and lifted its full-year sales guidance. Shares of Salesforce moved higher Friday and multiple analysts...
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UBS, KeyBanc Preview Oracle's Q4, Eye Forex Impact
Friday, June 14, 2019 - 11:49am | 541Oracle Corporation (NYSE: ORCL) is scheduled to report its fourth-quarter results after the market close Wednesday, June 19. The print marks the easiest comp of the year for the tech company, but could be impacted by a stronger U.S. dollar, according to UBS. The Analysts UBS' Jennifer...
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Wall Street Mostly Positive On Salesforce's Q1
Wednesday, June 5, 2019 - 1:45pm | 680Cloud company salesforce.com, inc. (NYSE: CRM) reported Tuesday fiscal first-quarter results that were greeted with a mostly unanimous positive reaction from Street analysts. The Analysts Morgan Stanley's Keith Weiss maintains an Overweight rating on Salesforce's stock with an unchanged $...
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'Boringly Excellent': Street Gushes Over Microsoft's Quarter, Feather In Cap For Nadella
Thursday, April 25, 2019 - 1:24pm | 715Wall Street analysts gushed over yet another strong quarter from Microsoft Corporation (NASDAQ: MSFT) as investors pumped the computing giant’s stock even higher. Reactions on the Street ranged from astonishment over what one analyst called a “no blemishes” quarter to those no...
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Analysts Buy Into Pivotal Software's Subscription Story, Shrug Off Muted Guidance
Friday, March 15, 2019 - 10:53am | 577Pivotal Software Inc (NYSE: PVTL) reported Thursday after the market close with a narrower-than-expected loss for its fourth quarter, while revenue trailed expectations. The company issued downbeat guidance for the first quarter and fiscal 2020. The Analysts Wedbush analyst Daniel Ives...
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Buy The Dip In Oracle? The Street Debates
Wednesday, June 20, 2018 - 2:58pm | 746Shares of Oracle Corporation (NYSE: ORCL) moved lower Wednesday after the company's fiscal fourth-quarter earnings report came in better than expected, but management's guidance came in below expectations. The Analysts UBS' Jennifer Swanson Lowe maintains a Neutral rating on Oracle...
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Workday's Q3: What Was Bullish, What Was Bearish
Thursday, November 30, 2017 - 12:14pm | 427Workday Inc (NASDAQ: WDAY) reported a top- and bottom-line beat in its third quarter earnings report Wednesday, but they were overshadowed by other concerning metrics. The Analyst UBS' Jennifer Swanson Lowe maintains a Sell rating on Workday's stock with an unchanged $95 price target...
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UBS: The Street Isn't Pricing In Oracle's Cloud Transition
Thursday, November 9, 2017 - 7:10pm | 465The transition of Oracle Corporation (NYSE: ORCL)'s infrastructure business into the highly competitive cloud could prove tricky, and this risk is not being fully reflected in Street estimates, according to UBS. The Analyst UBS analyst Jennifer Swanson Lowe assumed coverage of Oracle stock...
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Adobe Likely Has More Earnings Upside In Its Future
Thursday, November 9, 2017 - 4:11pm | 330Adobe Systems Incorporated (NASDAQ: ADBE) has been a strong performer, consistently delivering upside, relative to expectations. Offering a more positive touch to the company's performance, an analyst at UBS said there could be more earnings upside in the future. The Analyst UBS analyst...