Latest news with #CatharineTrebnick
Globe and Mail
03-06-2025
- Business
- Globe and Mail
Analysts Are Bullish on Top Technology Stocks: NEC (NIPNF), CrowdStrike Holdings (CRWD)
There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on NEC (NIPNF – Research Report), CrowdStrike Holdings (CRWD – Research Report) and Couchbase (BASE – Research Report) with bullish sentiments. 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 NEC (NIPNF) Goldman Sachs analyst Chikai Tanaka maintained a Buy rating on NEC today and set a price target of Yen4160.00. The company's shares closed last Friday at $27.52. According to Tanaka is a 3-star analyst with an average return of 8.9% and a 56.0% success rate. Tanaka covers the Technology sector, focusing on stocks such as Nomura Research Institute, NS Solutions, and Trend Micro. ;'> Currently, the analyst consensus on NEC is a Strong Buy with an average price target of $26.56, representing a -3.5% downside. In a report issued on May 22, Morgan Stanley also maintained a Buy rating on the stock with a Yen4000.00 price target. CrowdStrike Holdings (CRWD) Rosenblatt Securities analyst Catharine Trebnick reiterated a Buy rating on CrowdStrike Holdings today and set a price target of $515.00. The company's shares closed last Friday at $471.37. According to Trebnick is ranked 0 out of 5 stars with an average return of -4.3% and a 44.1% success rate. Trebnick covers the Technology sector, focusing on stocks such as Zoom Video Communications, Palo Alto Networks, and CyberArk Software. ;'> CrowdStrike Holdings has an analyst consensus of Strong Buy, with a price target consensus of $440.06, representing a -4.8% downside. In a report issued on May 18, RBC Capital also maintained a Buy rating on the stock with a $500.00 price target. Couchbase (BASE) Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating on Couchbase today and set a price target of $20.00. The company's shares closed last Friday at $18.07. According to Abernethy is a 5-star analyst with an average return of 7.7% and a 60.4% success rate. Abernethy covers the Technology sector, focusing on stocks such as RedCloud Holdings plc, Bentley Systems, and Cadence Design. ;'> Couchbase has an analyst consensus of Strong Buy, with a price target consensus of $19.00, which is a 4.7% upside from current levels. In a report issued on May 18, RBC Capital also maintained a Buy rating on the stock with a $22.00 price target.
Yahoo
24-04-2025
- Business
- Yahoo
RingCentral A Stock for Patient Investors, AI Tools And New Products Show Early Promise: Analyst
Rosenblatt analyst Catharine Trebnick maintained RingCentral (NYSE:RNG) with a Buy and lowered the price forecast from $40 to $28 on Thursday. Trebnick reduced her price forecast due to lower revenue projections for fiscal 2025 and 2026, reflecting ongoing economic uncertainty and recent leadership transitions. The analyst remarked RingCentral as a stock for patient investors. The new products are gaining traction, but she expected slower growth with the economic backdrop and increased competition across the partner channel. The new price forecast of $28 (from $40) reflects ~1.5 times (from ~2 times) Trebnick's revenue estimate of 6% Y/ Y in fiscal 2026. RingCentral's stock is trading at 1.3 times EV/calendar 2026 Sales, which are growing at 6% Y/Y, and a discount to its CCaaS group average of 2.5 times, which is growing at 8% Y/Y. The analyst decreased her fiscal 2025 revenue growth rate to 4.4%, which is below the low point of the guidance (+5% CC growth). Trebnick's fiscal 2025 estimate has been revised to $2.506 billion (+4.4% growth) from $2.510 billion (+4.6% growth) and below the Street's $2.516 billion (+4.8% growth). Similarly, the analyst decreased her fiscal 2026 estimate to $2.656 billion (+6% growth) from $2.680 billion (+7% growth), which is below the Street's $2.665 billion (+6% growth). For fiscal 2025, Trebnick's operating income moves to $561 million (22.4% margin), down from ($563 million) and below the current Street estimate ($565 million). For fiscal 2026, the analyst's adjusted operating income is $623 million (23.5% margin), just slightly below the current Street estimate of $622 million (23.3% margin). Due to the deceleration of sales volume, Trebnick adjusted her fiscal 2025 adjusted EPS to $4.19 (from $4.20). Looking ahead to fiscal 2026, the analyst's adjusted EPS of $4.66 (down from $4.70) and below the current Street estimate of $4.68. The three modules, RingCX, RingEvents, and RingSense, are expected to drive $100 million in ARR in fiscal 2025, and with this strong start, Trebnick anticipates this will be incremental to the target. RingCX has gone +700 in one year. RingCentral has introduced several new products, AI Interaction Analytics, AI Agent Assist, and AI Supervisor Assist, which should drive incremental revenue in the second half of 2025 and into fiscal 2026. Price Action: RNG stock closed higher by 6.38% to $25.01 on Thursday. Read Next:Date Firm Action From To Feb 2022 Evercore ISI Group Maintains Outperform Feb 2022 JP Morgan Maintains Overweight Feb 2022 Needham Maintains Buy View More Analyst Ratings for RNG View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? RINGCENTRAL (RNG): Free Stock Analysis Report This article RingCentral A Stock for Patient Investors, AI Tools And New Products Show Early Promise: Analyst originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
NICE Lowered Revenue Outlook But Bullish Analyst Sees AI Momentum And Strong Cash Flow
Rosenblatt analyst Catharine Trebnick maintained NICE Ltd (NASDAQ:NICE) with a Buy rating and lowered the price forecast from $200 to $180 Thursday. Trebnick lowered her price forecast due to reduced fiscal 2025 and 2026 revenue estimates, citing macroeconomic uncertainty, which could further delay multinational Contact Center as a Service (CCaaS) deployments. The price target reflects ~3.4 times (from ~4 times) on the analyst's revenue estimate of 7% Y/ Y in fiscal 2026. Five9 Leans Into Artificial Intelligence While It Cuts Workforce NICE stock is trading at 2.7 times EV/calendar 2026 sales, growing at 7% Y/Y and a slight premium to the CCaaS group average of 2.3 times, growing at 9% Y/Y. Trebnick's valuation is justified based on higher free cash flow assumptions (26% Y/Y versus the peer group of 19%). The analyst has decreased her fiscal 2025 revenue growth assumption to 6% below fiscal 2025 guidance (+7% growth). Trebnick's fiscal 2025 estimate has been revised to $2.91 billion (+6% growth) from $2.93 billion (+7% growth) and below the Street's $2.91 billion (+7% growth). Similarly, she has decreased her fiscal 2026 estimate to $3.12 billion (+7% growth) from $3.22 billion (+10% growth) and below the Street's $3.12 billion (+7% growth). Based on lower revenue, Trebnick's adjusted operating income moves slightly lower to $909 million (31% margin), below the current Street estimate ($919 million). For fiscal 2026, the analyst's adjusted operating income is now $1.02 billion ( 32.6% margin), slightly above the Street estimate of $1.01 billion (32.3% margin). Based on lower sales volume, Trebnick's fiscal 2025 adjusted EPS is $12.13 (down from $12.14), below the Street estimate of $12.18. Looking ahead to fiscal 2026 and lower revenue growth of 7%, the analyst's adjusted EPS moves to $13.30 (versus the Street estimate of $13.36). Trebnick noted that the company benefits from AI adoption in CCaaS and is a share donor from Avaya in the large enterprise segment. Price Action: NICE stock closed higher by 2.06% at $154.52 on Thursday. Read Next:Photo via Shutterstock Date Firm Action From To Feb 2022 Morgan Stanley Maintains Equal-Weight Feb 2022 Jefferies Maintains Buy Dec 2021 Morgan Stanley Downgrades Overweight Equal-Weight View More Analyst Ratings for NICE View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? NICE (NICE): Free Stock Analysis Report This article NICE Lowered Revenue Outlook But Bullish Analyst Sees AI Momentum And Strong Cash Flow originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
Google's $32B Wiz Acquisition Reshapes Cybersecurity, Analysts Weigh Impact
Google's (NASDAQ:GOOG) $32 billion acquisition of cloud security firm Wiz is expected to shake up the cybersecurity sector, with analysts predicting increased pressure on smaller, point-based vendors. However, larger firms like CrowdStrike (NASDAQ:CRWD) and Palo Alto Networks (NASDAQ:PANW) remain well-positioned, according to RBC Capital Markets. Shares of Google edged up 1% early Wednesday, while Palo Alto Networks rose 2%, CrowdStrike gained nearly 4%, and other cybersecurity stocks saw moderate gains. RBC's Matthew Hedberg noted that multi-cloud platform vendors are likely to thrive in an increasingly complex enterprise environment, while smaller cybersecurity players may struggle. He also pointed out that the deal underscores the growing cybersecurity market and momentum in software M&A. Some analysts, however, see potential downside for certain firms. Check Point Software (NASDAQ:CHKP), which recently formed a strategic partnership with Wiz, could now face increased competition from Google, according to Rosenblatt's Catharine Trebnick. SentinelOne (NYSE:S), once considered a potential Google acquisition target, may also face negative sentiment as a result. Meanwhile, CyberArk (NASDAQ:CYBR) could emerge as a potential acquisition target for Microsoft (NASDAQ:MSFT) in response to Google's move, Trebnick suggested. Citi analysts believe that Palo Alto Networks and CrowdStrike could see a short-term boost if they capitalize on uncertainty and disruption caused by the acquisition. From Google's perspective, Cantor Fitzgerald sees Wiz as a key enhancement to Google Cloud's security offerings, allowing it to compete more effectively with Amazon Web Services (NASDAQ:AMZN) and Microsoft Azure. Cantor reiterated a Neutral rating and $200 price target on Google following the announcement. This article first appeared on GuruFocus. Sign in to access your portfolio
