logo
#

Latest news with #AlexZukin

Wolfe Research Sticks to Its Buy Rating for Samsara (IOT)
Wolfe Research Sticks to Its Buy Rating for Samsara (IOT)

Business Insider

time4 days ago

  • Business
  • Business Insider

Wolfe Research Sticks to Its Buy Rating for Samsara (IOT)

Wolfe Research analyst Alex Zukin maintained a Buy rating on Samsara (IOT – Research Report) today and set a price target of $45.00. The company's shares opened today at $42.75. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Zukin is a 5-star analyst with an average return of 19.1% and a 62.55% success rate. Zukin covers the Technology sector, focusing on stocks such as Salesforce, Okta, and Zscaler. In addition to Wolfe Research, Samsara also received a Buy from William Blair's Dylan Becker in a report issued today. However, on the same day, Truist Financial reiterated a Hold rating on Samsara (NYSE: IOT). The company has a one-year high of $61.90 and a one-year low of $27.14. Currently, Samsara has an average volume of 4.44M. Based on the recent corporate insider activity of 243 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IOT in relation to earlier this year. Most recently, in March 2025, James Andrew Munk, the CAO of IOT sold 9,369.00 shares for a total of $361,542.21.

Snowflake Q1 Beats Expectations, Stock Jumps 10% Pre-Market
Snowflake Q1 Beats Expectations, Stock Jumps 10% Pre-Market

Yahoo

time22-05-2025

  • Business
  • Yahoo

Snowflake Q1 Beats Expectations, Stock Jumps 10% Pre-Market

Snowflake (NYSE:SNOW) jumped over 10% in pre-market trading after reporting Q1 FY26 adjusted EPS of $0.26, topping the $0.21 consensus, and revenue of $1.04 billion, above the $1.01 billion Street view. The cloud data-warehousing specialist also lifted its full-year product revenue guide to $4.325 billion from $4.28 billion, reflecting confidence in sustained growth. Warning! GuruFocus has detected 6 Warning Signs with SNOW. Piper Sandler's Brent Bracelin boosted his price target to $215 from $175 on Snowflake's highest conviction growth idea status, citing a $39 million beat on guidance and 26% product-revenue growth. Wolfe Research's Alex Zukin raised his target to $230, lauding impressive execution in margin expansion and strategic MSFT partnerships. Goldman Sachs' Kash Rangan echoed the bullishness, lifting his target to $230 while spotlighting Snowflake's evolution into an end-to-end data and AI platform ahead of its June 25 Summit. Why It Matters Investors should note Snowflake's ability to outpace peers on growth and free-cash-flow margins even amid macro uncertainty, positioning it as a leading data-and-AI enabler. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store