Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Scott Berg

SPS Commerce, IBD Stock Of The Day, Shows Resilience In Tough Climate

SPS Commerce is the IBD Stock Of The Day as the supply chain management software provider shows strength in a turbulent market.

Investors Business Daily

Analysts Cheer Workday's Better Than Feared Q2 Amid Macro Concerns

Workday, Inc (NASDAQ:WDAY) clocked 21.9% revenue growth in Q2 to $1.54 billion, which beat average analyst estimates. The subscription revenues of $1.37 billion were up 22.8%. Workday reported EPS of $0.83, which beat average analyst estimates. Workday reported solid 2Q23 results highlighted with an uncertain macro backdrop pressuring sales much less than feared, Needham analyst…

Benzinga

Analysts Continue To See Upside In Salesforce Post Q2 Beat Despite Challenging Macros

Salesforce, Inc (NYSE:CRM) clocked 22% revenue growth to $7.72 billion in Q2, beating consensus. The EPS of $1.19 topped the consensus. The board approved a buyback of up to $10 billion. The Q3 and FY guidance were below the consensus. Mizuho analyst Gregg Moskowitz reiterated a Buy and cut the price target from $245 to $235.…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Bill.com Shares Gain As Analysts Cheer Its Q4 Performance

Bill.com Holdings, Inc (NYSE: BILL) clocked 156% revenue gr

Benzinga

Enterprise Software Firms Like Coursera, Five9, Teladoc Health And More Will 'Bake Looming Macro Slowdown Into Guidance,' Cautions This Analyst

Needham analyst Scott Berg shared 2Q earnings for its Enterprise Software universe kick-off this week with seven companies reporting, namely, 2U, Inc (NASDAQ: TWOU) (

Benzinga

Here's Why Needham Continues To See 105% Upside To Avalara Post Its Analyst Day

Needham analyst Scott Berg attended Avalara, Inc's (NYSE: AVLR) virtual analyst day, in which the company highlighted new products and provided intermediate-term financial targets that beat expectations.

Benzinga

Here's How Analysts View Braze Post Q1 Beat

Analysts acknowledged Braze, Inc's (NASDAQ:BRZE) Q1 beat amid macro headwinds. Piper Sandler analyst Brent Bracelin maintained Braze with an Overweight and cut the price target from $65 to $42 based on lower growth assumptions given increasing external risks. Despite increasing macro headwinds, BRZE delivered another strong quarter. Increasing investments in direct-to-consumer (DTC) and first-party data stacks have…

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Read Needham's Views On Braze, EPAM, MongoDB

Needham offered its take on three software & services companies.

Benzinga

9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'

Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast.

Benzinga

Here's How Needham Views Salesforce, UiPath, Phreesia, Veeva Ahead Of Quarterly Results

April quarter earnings continue this week in Needham's broader Enterprise Software space with Salesforce, Inc (NYSE: CRM), UiPath, Inc (NYSE: PATH), Phreesia In

Benzinga

Here's How Needham Views Sprout Social's Collaboration With TikTok

On May 26, Sprout Social, Inc (NASDAQ:SPT) announced its content marketing integration with TikTok, which has been in the works. It represents the latest platform integration, with one of the ten most prominent social media networks globally. Needham analyst Scott Berg believes that the integration expands SPT’s strategic reach in the social media marketing…

Benzinga

Needham Is 'More Optimistic' on WalkMe's Value Proposition After Q1 Performance - Read Why

Needham analyst Scott Berg maintained WalkMe Ltd (NASDAQ:WKME) with a Buy and lowered the price target from $40 to $20 (132.3% upside) post Q1 FY22 results. Berg attended WalkMe's first Analyst Day, becoming more optimistic about its value proposition and ability to become a more strategic partner with customers. Also Read: Here's How KeyBanc Rates WalkMe Post…

Benzinga

Anaplan Shares Pop As Analysts Cheer Q4 Earnings

Analysts raised their price targets on Anaplan Inc (NYSE:PLAN) post Q4 results. Mizuho analyst Siti Panigrahi raised the PT to $65 from $60 (26.7% upside) and kept a Buy. The company posted Q4 results and raised its fiscal 2023 guide above consensus estimates, the latest back-office player to benefit from the enterprise spending resumption. Wells…

Benzinga

Here's How Analysts Reacted To Workday's Q4 Results

Analysts mostly raised their price targets on Workday Inc (NASDAQ:WDAY) post Q4 results. Wells Fargo analyst Michael Turrin raised the PT to $340 from $325 (39.1% upside) and kept an Overweight. Turrin expects Workday shares will see a boost from Q4 results as the company delivered a clean set of Q4 metrics and a meaningful…

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Analysts Continue To See Sharp Upside In Sprout Social Post Q4 Results

Analysts cut their price targets on Sprout Social Inc (NASDAQ:SPT) post Q4 results. Needham analyst Scott Berg lowered the price target to $75 from $160 (37% upside) given the significant multiple compression across high growth software but kept a Buy. The company's Q4 results were "impressive," highlighted by the acceleration of upmarket demand, record large…

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.