Latest news with #SitiPanigrahi
Business Insider
4 days ago
- Business
- Business Insider
MongoDB (MDB) Gets a Hold from Mizuho Securities
In a report released today, Siti Panigrahi from Mizuho Securities maintained a Hold rating on MongoDB (MDB – Research Report), with a price target of $210.00. The company's shares opened today at $227.65. Confident Investing Starts Here: Panigrahi covers the Technology sector, focusing on stocks such as Intuit, Oracle, and UiPath. According to TipRanks, Panigrahi has an average return of 0.7% and a 51.89% success rate on recommended stocks. In addition to Mizuho Securities, MongoDB also received a Hold from Macquarie's Steven Koenig in a report issued today. However, on the same day, Citi maintained a Buy rating on MongoDB (NASDAQ: MDB). Based on MongoDB's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $548.4 million and a net profit of $15.83 million. In comparison, last year the company earned a revenue of $458 million and had a GAAP net loss of $55.46 million Based on the recent corporate insider activity of 89 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 MDB in relation to earlier this year. Most recently, in April 2025, Thomas Bull, the CAO of MDB sold 301.00 shares for a total of $52,148.25.
Yahoo
29-05-2025
- Business
- Yahoo
Why Intuit Stock Topped the Market on Tuesday
An analyst reiterated his very optimistic take on the business. He feels it has price upside approaching 10%. 10 stocks we like better than Intuit › Intuit (NASDAQ: INTU) stock was off to a fine start as the Memorial Day-shortened trading week began. The tax and finance software specialist was the subject of a new, bullish analyst note, and investors reacted to this by pushing the stock's price up about 4.4% on the day. That easily beat the 2% increase of the S&P 500 index. The analyst behind the new Intuit note was Mizuho's Siti Panigrahi, who reiterated his outperform (read: buy) recommendation on the stock at a price target of $825 per share. That anticipates upside of nearly 10% on today's closing price. Panigrahi might have felt compelled to double down on his Intuit take, as the stock just hit its one-year high. That wasn't a great surprise. At the end of last week, the company published fiscal-third-quarter results, posting impressive double-digit increases on both the top and bottom lines. Both key metrics beat consensus analyst estimates; ditto for fourth-quarter guidance. According to reports, Panigrahi was particularly heartened by the company's recent pricing increases for its foundational QuickBooks accounting software. These will kick in with the start of Intuit's fiscal 2026 on July 1. In his view, the move demonstrates management's ability to sustain double-digit percentage growth in its crucial global solutions group business. Intuit's third quarter is important and indicative, since it covers tax season (the company operates the storied Turbo Tax platform). Given its solid and impressive performance during the quarter, investors are right to consider management's ambitious guidance to be realistic. This feels like a business that will continue to power along, and I'd expect more stock price peaks in the coming weeks and months. Before you buy stock in Intuit, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Intuit wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intuit. The Motley Fool has a disclosure policy. Why Intuit Stock Topped the Market on Tuesday was originally published by The Motley Fool 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
