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Wall Street Likes Coupa Software After Revenue, Sales Beats
Wednesday, September 4, 2019 - 11:40am | 583Read More...Investors continued to boost shares of Coupa Software Inc (NASDAQ: COUP) on Wednesday after it beat the Street consensus on revenue on stronger-than-expected sales. As buyers bid the stock up by double-digit percentage points, several sell-side analysts boosted price targets on the SaaS platform...
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The Street Loves Still Loves Salesforce
Friday, August 23, 2019 - 12:26pm | 738Read More...Salesforce.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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The Sell-Side Digs Into Twilio Earnings
Thursday, August 1, 2019 - 2:31pm | 525Read More...Twilio Inc (NYSE: TWLO) reported in-line second-quarter EPS and revenue above analyst expectations. The company also issued third-quarter guidance above consensus estimates and said it reached a $1 billion annual revenue run rate in the second quarter for the first time. Twilio is up 56% year to...
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All About The Cloud: Microsoft Hits All-Time High On The Back Of Strong Q4 Earnings
Friday, July 19, 2019 - 9:49am | 883Read More...Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 3% on Friday morning after the company reported a fiscal fourth-quarter earnings beat led by strength in its cloud computing business. Microsoft exceeded consensus analyst expectations for fourth-quarter earnings and revenue and also...
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KeyBanc: Salesforce Poised To Benefit From Data Opportunity After Tableau Acquisition
Friday, June 28, 2019 - 3:14pm | 398Read More...Salesforce.com, inc. (NYSE: CRM) has inked a definitive agreement to acquire Tableau Software Inc (NYSE: DATA). Tableau's revenue could triple to exceed $3 billion by 2023 given the massive data modernization opportunity it faces, according to KeyBanc Capital Markets. The Analyst Brent...
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UBS, KeyBanc Preview Oracle's Q4, Eye Forex Impact
Friday, June 14, 2019 - 11:49am | 541Read More...Oracle 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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Anaplan's IPO Concerns Have Subsided, KeyBanc Says In Upgrade
Friday, June 7, 2019 - 3:20pm | 388Read More...Software company Anaplan Inc (NYSE: PLAN) proved in its first-quarter report that any initial concerns at the time of its late 2018 IPO havwe now been addressed, according to KeyBanc Capital Markets. The Analyst Brent Bracelin upgraded Anaplan from Sector Weight to Overweight with a...
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Coupa's Premium Valuation Doesn't Deter Bull Analysts After Beat-and-Raise Q1
Tuesday, June 4, 2019 - 2:48pm | 634Read More...Coupa Software Inc (NASDAQ: COUP), a provider of cloud-based business spending management software, reported Monday after the close with strong first-quarter results that sent the stock higher. The Analysts Bank of America Merrill Lynch analyst Brad Sill reiterated a Buy rating on Coupa and...
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Adobe Shares Drops On Poor Guidance, But Sell-Side Analysts Less Worried
Friday, March 15, 2019 - 11:33am | 664Read More...Shares of Adobe Inc. (NASDAQ: ADBE) were dropping Friday after the cloud software company issued disappointing second-quarter guidance, but sell-side analysts seemed less concerned. Reactions were mixed, with a couple reminding investors that Adobe’s core business is fine and continued growth...
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Analysts Say Oracle's Outlook Is Uncertain Following Earnings Beat
Friday, March 15, 2019 - 11:10am | 900Read More...Oracle Corporation (NYSE: ORCL) shares dropped Friday morning despite the company reporting a fiscal third-quarter earnings beat and providing fourth-quarter guidance that exceeded Wall Street’s expectations. Investors may be concerned about the company’s revenue numbers, which were...
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The Street Remains Bullish On Salesforce Despite Concerning Guidance
Tuesday, March 5, 2019 - 1:15pm | 866Read More...Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter results that came in better than expected, but management's outlook for the first quarter missed on both the revenue and EPS lines. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts Bank...
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Adobe's Q4 Earnings Report: The Street Reacts
Friday, December 14, 2018 - 11:36am | 697Read More...Adobe Inc (NASDAQ: ADBE) on Thursday reported its fiscal fourth-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Keith Bachman maintains an Outperform rating on Adobe with a price target lifted from...
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The Street Reacts To Veeva Systems' Q3 Beat
Thursday, November 29, 2018 - 1:07pm | 686Read More...Veeva Systems Inc (NYSE: VEEV), a cloud solution provider for the global life sciences industry, reported Wednesday with third-quarter results that came in better than expected and an encouraging look at the coming fiscal year. The Analysts Morgan Stanley's Stan Zlotsky maintains an...
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The Street's Reaction To Salesforce's Big Q3 Beat
Wednesday, November 28, 2018 - 11:29am | 1162Read More...Salesforce.com, inc. (NYSE: CRM) reported Tuesday a top-and-bottom-line beat in its third quarter. Earnings came in at 61 cents per share, beat estimates by 11 cents while sales of $3.392 billion beat $3.37 billion estimates. Here is a summary of how some of the Street's top analysts reacted to...
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What To Do With Wix's Stock?
Wednesday, November 14, 2018 - 3:02pm | 565Read More...Cloud-based web development platform Wix.Com Ltd (NASDAQ: WIX) reported Tuesday its third-quarter results, which came in better than expected but management's fourth quarter guidance fell slightly short of consensus estimates. Here is a summary of what some of the Street's top analysts are...
















