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Business Insider
22-07-2025
- Business
- Business Insider
CyberArk Software (CYBR) Receives a Buy from RBC Capital
In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Buy rating on CyberArk Software, with a price target of $420.00. The company's shares closed yesterday at $386.05. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Hedberg covers the Technology sector, focusing on stocks such as Gitlab, ServiceNow, and Snowflake. According to TipRanks, Hedberg has an average return of 21.8% and a 70.00% success rate on recommended stocks. In addition to RBC Capital, CyberArk Software also received a Buy from BTIG's Gray Powell in a report issued yesterday. However, on July 11, TR | OpenAI – 4o downgraded CyberArk Software (NASDAQ: CYBR) to a Hold. Based on CyberArk Software's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $317.6 million and a net profit of $11.46 million. In comparison, last year the company earned a revenue of $221.55 million and had a net profit of $5.47 million
Globe and Mail
12-07-2025
- Business
- Globe and Mail
BTIG Remains a Hold on Palo Alto Networks (PANW)
BTIG analyst Gray Powell maintained a Hold rating on Palo Alto Networks yesterday. The company's shares closed yesterday at $192.07. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Powell is a 5-star analyst with an average return of 10.1% and a 56.59% success rate. Powell covers the Technology sector, focusing on stocks such as Zscaler, Palo Alto Networks, and Snowflake. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palo Alto Networks with a $217.71 average price target. PANW market cap is currently $137.4B and has a P/E ratio of 109.91. Based on the recent corporate insider activity of 116 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 PANW in relation to earlier this year. Earlier this month, Aparna Bawa, a Director at PANW sold 526.00 shares for a total of $99,940.00.
Yahoo
16-04-2025
- Business
- Yahoo
Snowflake Tighter on Customer Spend as BTIG Sees Resilience Ahead
Snowflake (NYSE:SNOW) is in a stronger position to weather macroeconomic turbulence than it was during the last downturn, according to a recent note from BTIG. The firm maintained its Buy rating and $220 price target ahead of the company's Q1 fiscal 2026 earnings release scheduled for May 22. Warning! GuruFocus has detected 3 Warning Signs with SNOW. BTIG expects Snowflake to meet or exceed consensus projections of 23% product revenue growth for the fiscal year. The firm credits this outlook to improved customer engagement practices, healthier fundamentals among top clients, and increased customer visibility into their usage patterns. During previous market slowdowns, Snowflake saw its rapid growth pull back significantlyfrom 106% in fiscal 2022 to 70% in 2023, and then to 38% in 2024. Analysts Gray Powell and Trevor Rambo noted that the pace of this decline surprised many, citing economic pressure and customer efforts to rein in spending. In response, Snowflake has adapted by offering tools to help customers track consumption more effectively and by stepping in early when usage surges unexpectedly. These measures are aimed at preventing overuse and improving retention. BTIG also flagged the upcoming ramp-up of artificial intelligence workloads as a potential revenue driver in the second half of the year, potentially boosting consumption across Snowflake's platform. It's important to note that Snowflake gained 9.76% over the past week, edging out the S&P 500's 8.31% increase. However, the stock slid 6.13% over the past month, contrasting with the broader market's 4.30% decline, before rebounding for an impressive 19.39% return in the last six months. This article first appeared on GuruFocus. Sign in to access your portfolio
