Latest news with #INFA
Yahoo
a day ago
- Business
- Yahoo
Informatica (INFA) Downgraded After Salesforce Deal – Is the $8B Buyout Fully Priced In?
We recently published a list of . In this article, we are going to take a look at where Informatica Inc. (NYSE:INFA) stands against other AI stocks on latest news and ratings. On May 28, Wolfe Research downgraded Informatica Inc. (NYSE:) from 'Outperform' to Peer Perform without a price target. Informatica is a leader in enterprise AI-powered cloud data management. The rating downgrade follows news that the company has entered into a definitive agreement to be acquired by Salesforce for $8B in equity value, or $25 per share. A business executive in a modern office looking over reports detailing artificial intelligence. According to the firm, the acquisition news is already reflected in Informatica's current stock price, so there is limited upside potential for the stock. Even though the acquisition by Salesforce is a positive move for Informatica's shareholders, its stock value will be negatively impacted if the acquisition fails to materialize. This implies that the acquisition is a major factor in Informatica's current market performance and investor expectations. As the acquisition date moves closer, investors will be closely watching the stock for any developments that could have an impact on the deal's completion. Overall, INFA ranks 12th on our list of AI stocks on latest news and ratings. While we acknowledge the potential of INFA 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 INFA 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. 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
Yahoo
a day ago
- Business
- Yahoo
Informatica (INFA) Rating in Focus After $8 Billion Salesforce Deal
We recently published a list of . In this article, we are going to take a look at where Informatica Inc. (NYSE:INFA) stands against other AI stocks that are on analyst's radar today. On May 27, RBC Capital's analyst Matthew Hedberg maintained their 'Sector Perform' rating on Informatica Inc. (NYSE:INFA) and raised its price target to $22.00 from the previous target of $19.00. Informatica is a leader in enterprise AI-powered cloud data management. Analyst Matthew Hedberg cited Friday's Bloomberg report of takeover interest by Salesforce (CRM), noting that Informatica could be an attractive asset given key fundamental drivers. This includes the ongoing growth in data, the ongoing cloud mix-shift, and potential GenAI tailwinds. A business executive in a modern office looking over reports detailing artificial intelligence. The very same day, the news of Salesforce and Informatica agreeing for the former to acquire the latter for approximately $8 billion in equity value was confirmed on the respective companies' newsrooms. The acquisition is expected to boost Salesforce's artificial intelligence capabilities and give access to Informatica's data management tools. 'Together, Salesforce and Informatica will create the most complete, agent-ready data platform in the industry. By uniting the power of Data Cloud, MuleSoft, and Tableau with Informatica's industry-leading, advanced data management capabilities, we will enable autonomous agents to deliver smarter, safer, and more scalable outcomes for every company, and significantly strengthen our position in the $150 billion-plus enterprise data market.' Overall, INFA ranks 10th on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of INFA 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 INFA 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. 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
Yahoo
3 days ago
- Business
- Yahoo
Special Situation Alert: Salesforce Acquisition Pushes Informatica (INFA) Onto STAMPEDE List
We recently published a list of . In this article, we are going to take a look at where Informatica Inc. (NYSE:INFA)stands against other AI stocks gaining Wall Street's attention. On May 27, DA Davidson analyst Gul Luria reiterated a Neutral rating on Informatica Inc. (NYSE:) with an $18.00 price target. Informatica is a leader in enterprise AI-powered cloud data management. The firm has added Informatica to its STAMPEDE list, which identifies special situation investment ideas. The addition to the STAMEDE list is driven by Salesforce's recent announcement that it intends to acquire Informatica for an equity value of $8 billion. 'We are adding Informatica to D.A. Davidson's STAMPEDE list of special situation investment ideas, under the letter T for 'Takeouts' given the recently announced news that the company has entered into an agreement for Salesforce (CRM) to acquire Informatica for $8B in equity value, net of Salesforce's current investment in Informatica. While we expect this acquisition to close, we remain hesitant to endorse the deal given our thoughts regarding Informatica's offerings and Salesforce's return to their acquisition playbook.' A business executive in a modern office looking over reports detailing artificial intelligence. The agreement between the two companies marks a significant step forward for both companies. In particular, the addition of Informatica to the STAMPEDE list implies that it is uniquely positioned and is worthy of interest for investors looking for special situation opportunities. The firm remains neutral despite the acquisition news, implying that stock valuation remains consistent with previous analysis. Overall, INFA ranks 10th on our list of AI stocks gaining Wall Street's attention. While we acknowledge the potential of INFA 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 INFA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 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
Globe and Mail
3 days ago
- Business
- Globe and Mail
M&A News: Salesforce (CRM) Acquires Informatica for $8B in AI Data Push
Salesforce (CRM) announced on Tuesday that it will acquire cloud data management company Informatica (INFA) in an $8 billion deal, aiming to strengthen its efforts in AI (artificial intelligence). Following the announcement, CRM stock gained 0.68% in pre-market trading, while INFA surged almost 6%. Confident Investing Starts Here: Notably, the acquisition news comes just ahead of Salesforce's fiscal Q1 earnings report, scheduled for May 28. Salesforce Goes Deeper into Data The acquisition of Informatica is a strategic move by Salesforce to expand its data management capabilities as it accelerates its focus on AI-powered solutions. Integrating Informatica will give Salesforce greater control over how enterprise data is structured and utilized. CEO Marc Benioff emphasized that the deal will strengthen Salesforce's foothold in the more than $150 billion enterprise data market. Meanwhile, analysts at Scotiabank noted that the acquisition could help Salesforce close the gap with its rivals, as many large software companies now offer data management tools bundled together with their other products. As a result, Salesforce needed to enhance its data management capabilities to stay competitive and keep up with the trends in the software market. More Details About the Acquisition As part of the agreement, Salesforce is offering $25 per share for Informatica, representing a roughly 30% premium over the stock's closing price on May 22, just before news of renewed talks surfaced. Salesforce announced the acquisition will be funded through a combination of cash on hand and newly issued debt. The company expects to complete the deal early in the next fiscal year, beginning in February and anticipates that the acquisition will improve its operating margin starting from the second year after closing. Turning to Wall Street, analysts have a Moderate Buy consensus rating on CRM stock based on 21 Buys, seven Holds, and two Sells assigned in the past three months. The average CRM price target of $346.63 per share implies a 27% upside potential. Year-to-date, CRM stock has declined by 18.3%. See more CRM analyst ratings
Yahoo
3 days ago
- Business
- Yahoo
Informatica (INFA) Rating in Focus After $8 Billion Salesforce Deal
We recently published a list of . In this article, we are going to take a look at where Informatica Inc. (NYSE:INFA) stands against other AI stocks that are on analyst's radar today. On May 27, RBC Capital's analyst Matthew Hedberg maintained their 'Sector Perform' rating on Informatica Inc. (NYSE:INFA) and raised its price target to $22.00 from the previous target of $19.00. Informatica is a leader in enterprise AI-powered cloud data management. Analyst Matthew Hedberg cited Friday's Bloomberg report of takeover interest by Salesforce (CRM), noting that Informatica could be an attractive asset given key fundamental drivers. This includes the ongoing growth in data, the ongoing cloud mix-shift, and potential GenAI tailwinds. A business executive in a modern office looking over reports detailing artificial intelligence. The very same day, the news of Salesforce and Informatica agreeing for the former to acquire the latter for approximately $8 billion in equity value was confirmed on the respective companies' newsrooms. The acquisition is expected to boost Salesforce's artificial intelligence capabilities and give access to Informatica's data management tools. 'Together, Salesforce and Informatica will create the most complete, agent-ready data platform in the industry. By uniting the power of Data Cloud, MuleSoft, and Tableau with Informatica's industry-leading, advanced data management capabilities, we will enable autonomous agents to deliver smarter, safer, and more scalable outcomes for every company, and significantly strengthen our position in the $150 billion-plus enterprise data market.' Overall, INFA ranks 10th on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of INFA 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 INFA 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. Sign in to access your portfolio
