Latest news with #DerrickWood
Business Insider
a day ago
- Business
- Business Insider
TD Cowen Keeps Their Buy Rating on Braze (BRZE)
In a report released yesterday, Derrick Wood from TD Cowen maintained a Buy rating on Braze (BRZE – Research Report), with a price target of $47.00. Confident Investing Starts Here: According to TipRanks, Wood is a 5-star analyst with an average return of 15.0% and a 62.40% success rate. Wood covers the Technology sector, focusing on stocks such as Oracle, ServiceNow, and Domo. In a report released on May 30, Stifel Nicolaus also maintained a Buy rating on the stock with a $45.00 price target. BRZE market cap is currently $3.97B and has a P/E ratio of -36.06. Based on the recent corporate insider activity of 106 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 BRZE in relation to earlier this year. Last month, Jonathan Hyman, the CTO of BRZE sold 9,197.00 shares for a total of $329,988.36.
Business Insider
a day ago
- Business
- Business Insider
New Buy Rating for Samsara (IOT), the Technology Giant
TD Cowen analyst Derrick Wood maintained a Buy rating on Samsara (IOT – Research Report) yesterday and set a price target of $51.00. 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, Wood is a 5-star analyst with an average return of 15.0% and a 62.40% success rate. Wood covers the Technology sector, focusing on stocks such as Oracle, ServiceNow, and Domo. In addition to TD Cowen, Samsara also received a Buy from BMO Capital's Daniel Jester in a report issued yesterday. However, on the same day, Craig-Hallum assigned a Hold rating to 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 4.43M. 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, Dominic Phillips, the EVP, CFO of IOT sold 54,134.00 shares for a total of $2,089,223.66.
Business Insider
2 days ago
- Business
- Business Insider
TD Cowen Reaffirms Their Hold Rating on Domo (DOMO)
In a report released yesterday, Derrick Wood from TD Cowen maintained a Hold rating on Domo (DOMO – Research Report), with a price target of $13.00. Confident Investing Starts Here: Wood covers the Technology sector, focusing on stocks such as Domo, Oracle, and ServiceNow. According to TipRanks, Wood has an average return of 15.0% and a 62.40% success rate on recommended stocks. In addition to TD Cowen, Domo also received a Hold from D.A. Davidson's Alex Platt in a report issued on May 22. However, on May 28, Cantor Fitzgerald reiterated a Buy rating on Domo (NASDAQ: DOMO). Based on Domo's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $78.77 million and a GAAP net loss of $17.68 million. In comparison, last year the company earned a revenue of $80.18 million and had a GAAP net loss of $18.69 million Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOMO in relation to earlier this year. Most recently, in March 2025, David R Jolley, a Director at DOMO sold 25,000.00 shares for a total of $207,750.00.
Yahoo
4 days ago
- Business
- Yahoo
PagerDuty price target lowered to $17 from $18 at TD Cowen
TD Cowen analyst Derrick Wood lowered the firm's price target on PagerDuty (PD) to $17 from $18 and keeps a Hold rating on the shares. The firm said revenues were at high end of guide but weaker ARR/bookings and FY26 guide was lowered to 5-7%. Enterprise downgrades and SMB churn were the culprits hurting gross retention, which management believes is an anomaly. 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 Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on PD: Disclaimer & DisclosureReport an Issue PagerDuty price target lowered to $20 from $22 at RBC Capital Cautious Outlook for PagerDuty Amid Execution Risks and Revenue Challenges PagerDuty's Strong Operating Margins and Customer Growth Highlight Potential Amid Execution Challenges PagerDuty Reports Strong Q1 Fiscal 2026 Results Closing Bell Movers: Gap down 15%, Elastic off by 11% on earnings
Yahoo
6 days ago
- Business
- Yahoo
Microsoft (MSFT) Gets $540 Price Target – Analyst Sees $24 Billion AI Revenue Boom
We recently published a list of . In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI stocks that are on analyst's radar today. One of the most notable analyst calls on May 27, Tuesday, was for Microsoft Corporation. TD Cowen reiterated the stock as 'Buy' and raised its price target on the stock to $540 per share from $490. Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. According to analyst Derrick Wood, annual recurring revenues at Azure AI, which are a suite of cloud-based AI services, could boost from $4 billion in 2024 to around $24 billion in 2026. Wood said this leap was 'conservative with solid room for upside.' Roman Pyshchyk/ He further stated that Azure growth will be boosted as AI revenue accelerates development in the Azure model, particularly OpenAI's contribution. 'As AI revenue is rapidly building in the Azure model, especially OpenAI's contribution, we think this will start to put stronger upward pressure on total Azure growth. We think a return to Azure upside trends and firmer growth in the mid-30% level should help drive a stronger narrative around Azure and greater fund flows back into MSFT. ' Overall, MSFT ranks 1st on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
