Latest news with #SaketKalia
Business Insider
2 days ago
- Business
- Business Insider
Rubrik, Inc. Class A (RBRK) Receives a Buy from Barclays
In a report released on May 30, Saket Kalia from Barclays maintained a Buy rating on Rubrik, Inc. Class A (RBRK – Research Report), with a price target of $105.00. 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 Kalia covers the Technology sector, focusing on stocks such as Adobe, Autodesk, and PTC. According to TipRanks, Kalia has an average return of 16.7% and a 64.69% success rate on recommended stocks. In addition to Barclays, Rubrik, Inc. Class A also received a Buy from Guggenheim's John Difucci in a report issued on May 27. However, on May 15, Mizuho Securities downgraded Rubrik, Inc. Class A (NYSE: RBRK) to a Hold. Based on Rubrik, Inc. Class A's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $258.1 million and a GAAP net loss of $114.89 million. In comparison, last year the company earned a revenue of $175.01 million and had a GAAP net loss of $97.5 million Based on the recent corporate insider activity of 96 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 RBRK in relation to earlier this year. Most recently, in April 2025, Ravi Mhatre, a Director at RBRK sold 13,213.00 shares for a total of $832,154.74.
Yahoo
21-05-2025
- Business
- Yahoo
Barclays Reiterates Buy Rating on Adobe (ADBE)
On May 16, Barclays analyst Saket Kalia reiterated a Buy rating on Adobe Inc. (NASDAQ:ADBE) with a $567 price target as the company is set to introduce its new pricing tiers for its Creative Cloud offerings. The analyst sees Adobe's strategic price adjustments to positively impact its revenue streams, which are already factored into the company's FY2025 ARR guidance. The analyst cited that the new price for Adobe's Pro tier offers a 17-18% increase, while the Standard tier represents an 8-9% discount. Adobe has been highlighting these price adjustments for some time now, however, this development aligns with the company's broader strategy to improve its product offerings, cited Kalia. The products with new prices will be available from June 17, as this move is expected to strengthen Adobe's market position and accelerate future growth. Adobe Inc. (NASDAQ:ADBE) is a technology company that offers creator tools and services to individuals, teams, and enterprises to create, publish, and promote content. While we acknowledge the potential of ADBE to grow, 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 ADBE and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None.
Business Insider
21-05-2025
- Business
- Business Insider
CCC Intelligent Solutions Holdings (CCCS) Gets a Hold from Barclays
In a report released today, Saket Kalia from Barclays maintained a Hold rating on CCC Intelligent Solutions Holdings (CCCS – Research Report), with a price target of $11.00. The company's shares closed yesterday at $9.03. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Kalia is a 5-star analyst with an average return of 15.0% and a 62.37% success rate. Kalia covers the Technology sector, focusing on stocks such as Autodesk, CCC Intelligent Solutions Holdings, and Adobe. CCC Intelligent Solutions Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $11.67, a 29.24% upside from current levels. In a report released on May 7, Piper Sandler also maintained a Hold rating on the stock with a $9.00 price target. Based on CCC Intelligent Solutions Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $251.57 million and a GAAP net loss of $18.7 million. In comparison, last year the company earned a revenue of $227.24 million and had a GAAP net loss of $1.74 million Based on the recent corporate insider activity of 82 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 CCCS in relation to earlier this year.
Yahoo
19-05-2025
- Business
- Yahoo
Barclays Calls Adobe's (ADBE) New Pricing Plan Supportive to Future Growth
On May 16, Barclays analyst Saket Kalia praised Adobe Inc.'s (NASDAQ:ADBE) new pricing tiers for its Creative Cloud offerings. He believes that such pricing prudence should improve Adobe's future growth. As per his analysis, the Pro tier represents a 17%-18% price increase for this offering, and on the other hand, the Standard tier offers an 8-9% discount versus its current plan for individuals. While this change supports Adobe's future revenue growth, Saket notes that this is already factored into the company's FY 2025 guidance. He also points out that the street was expecting such pricing structure changes, as the management had hinted at it for some time. Factoring in those facts, Saket's note reinforces his confidence in the stock, as he rightly reiterated his Buy rating. That said, the pricing changes were appreciated across the Street, and most analysts shared a positive view. These pricing changes also highlight Adobe Inc.'s (NASDAQ:ADBE) balanced pricing strategy to remain competitive. The company recently struck a deal with the General Services Administration to lower the price of its software for U.S. government agencies. The move appears prudent given the administration's focus on reducing costs and improving digital services. Adobe Inc. (NASDAQ:ADBE) is a global leader in creative and digital marketing software. Its flagship products, such as Photoshop, Illustrator, and Acrobat, have become industry standards for content creation and document management, serving a diverse range of customers from individual creators to large enterprises. Its product platforms empower users to create, collaborate, and enhance digital experiences. While we acknowledge the potential of ADBE 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 ADBE and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. 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
19-05-2025
- Business
- Yahoo
Barclays Calls Adobe's (ADBE) New Pricing Plan Supportive to Future Growth
On May 16, Barclays analyst Saket Kalia praised Adobe Inc.'s (NASDAQ:ADBE) new pricing tiers for its Creative Cloud offerings. He believes that such pricing prudence should improve Adobe's future growth. As per his analysis, the Pro tier represents a 17%-18% price increase for this offering, and on the other hand, the Standard tier offers an 8-9% discount versus its current plan for individuals. While this change supports Adobe's future revenue growth, Saket notes that this is already factored into the company's FY 2025 guidance. He also points out that the street was expecting such pricing structure changes, as the management had hinted at it for some time. Factoring in those facts, Saket's note reinforces his confidence in the stock, as he rightly reiterated his Buy rating. That said, the pricing changes were appreciated across the Street, and most analysts shared a positive view. These pricing changes also highlight Adobe Inc.'s (NASDAQ:ADBE) balanced pricing strategy to remain competitive. The company recently struck a deal with the General Services Administration to lower the price of its software for U.S. government agencies. The move appears prudent given the administration's focus on reducing costs and improving digital services. Adobe Inc. (NASDAQ:ADBE) is a global leader in creative and digital marketing software. Its flagship products, such as Photoshop, Illustrator, and Acrobat, have become industry standards for content creation and document management, serving a diverse range of customers from individual creators to large enterprises. Its product platforms empower users to create, collaborate, and enhance digital experiences. While we acknowledge the potential of ADBE 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 ADBE and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
