Josh Baer

Morgan Stanley analyst Josh Baer downgraded Udemy, Inc. (NASDAQ:UDMY) to Underweight from Equal Weight, lowering the price forecast to $7.50 from $10. The analyst suggests that Udemy’s strategic shift may indicate weakening demand, contrasting with earlier expectations for near-term growth....

Shares of Chegg Inc (NYSE: CHGG) were falling on Monday, just days after the company announced a $150 million buyback. While web traffic and app download data trends weakened in October, the stock has rallied more than 40% since end of last month, according to Morgan Stanley. The Chegg Analyst:...

Shares of DocuSign Inc (NASDAQ: DOCU) fell in the premarket on Friday, even after the company reported better-than-expected fourth-quarter earnings. Morgan Stanley analyst Josh Baer maintained an Underweight rating and price target of $48. JMP Securities analyst Patrick Walravens reaffirmed a...

Although shares of DocuSign Inc. (NASDAQ: DOCU) have lost around 64% year to date, there is further downside due to intensifying competition and execution issues, while Box Inc.’s (NYSE: BOX) value seems underappreciated, according to Morgan Stanley. The Analyst: Josh Baer downgraded the...

While DigitalOcean Holdings Inc’s (NYSE: DOCN) share price already reflects benefits from pricing increases, it does not reflect the various risks and exposures for the second half of the year, according to Morgan Stanley. The DigitalOcean Analyst: Josh Baer downgraded the rating for...

Chegg Inc (NYSE: CHGG) reported its first-quarter adjusted earnings of 32 cents per share, ahead of the consensus estimates of 24 cents per share. Net revenues missed Street expectations and the company slashed its full-year revenue and adjusted EBITDA guidance. Piper Sandler On Chegg: Analyst...

Chegg Inc (NYSE: CHGG) shares traded lower Tuesday after the company reported mixed first-quarter earnings numbers. For the first quarter, Chegg reported adjusted EPS of 28 cents, missing consensus analyst estimates of 31 cents. First-quarter revenue was $198.3 million, beating Wall Street...

Coursera Inc (NYSE: COUR) shares are up significantly since the company priced its late-March IPO at $33. The California company works with more than 200 universities to offer online courses and certifications. A boom in online education during the COVID-19 pandemic sent Coursera’s revenue...

Chegg Inc (NYSE: CHGG) shares are up 14.4% in the last week after the company reported a second-quarter earnings beat and issued strong guidance ahead of what will be another unusual U.S. school semester this fall. Chegg reported second-quarter EPS of 37 cents on $153 million in revenue. Both...

The online learning environment has been a tailwind for Chegg Inc (NYSE: CHGG), and the current trend is likely to extend through the entire upcoming academic school year, according to Morgan Stanley. The Chegg Analyst: Josh Baer maintained an Overweight rating for Chegg, raising the...

If there were any beneficiaries of the coronavirus pandemic, Slack Technologies Inc (NYSE: WORK) seemed to be one. The company’s first-quarter results Thursday demonstrated 50% top-line growth, reflecting rapid adoption by companies shifting to remote operations. Slack exceeded Street...

Microsoft Corporation (NASDAQ: MSFT) suffered as badly as anyone from the coronavirus (COVID-19) pandemic-related market decline, but it’s since recovered just about all of its stock losses, and one analyst team expects the company to post double-digit top-line growth in the near term. The...