Tableau Software (DATA) Tops Q2 EPS by 3c, Revenue Beats

Cantor Fitzgerald Remains Bullish on Tableau Software (DATA) Following 2Q Earnings Release

Cantor Fitzgerald reiterated a Buy rating and $162.00 price target on Tableau Software (NYSE: DATA) following 2Q results. Analyst Brian White believes that the trajectory of the Tableau story remains very positive, and that today's selloff could be driven by some profit taking for... More

Mizuho Securities Raises Price Target on Tableau Software (DATA) to $108 Following 2Q15

Mizuho Securities reiterated a Neutral rating on Tableau Software (NYSE: DATA), and raised the price target of $108.00 (from $100.00), following 2Q15 results. Total revenue of $150mm was ~$9mm above consensus. EPS was at $0.07 vs. consensus of $0.05. Management raised FY15 revenue guidance to $617-627mm, up... More

Deutsche Bank Comments on Tableau Software's (DATA) Results; 'Beat' Not Enough, Says Analyst

Deutsche Bank maintained a Buy rating on Tableau Software (NYSE: DATA) but lowered its price target to $130.00 (from $140.00). Shares tumbled after the company reported Q2 results, despite besting expectations on the top and bottom line. In the view of analyst Karl Keirstead, the beat was not enough.

Keirstead explained, "Tableau posted 2Q15 growth that would make almost any other software company envious, namely 65% total revs growth to $150m, 60% license revs growth, 50%+ customer growth and ~50% growth in the number of $100k+ deals. However, Street expectations were high and total revs beat the... More

Splunk (SPLK), Peers Decline in Sympathy with Tableau Software (DATA)

Splunk (NASDAQ: SPLK) declined in sympathy with peer Tableau Software (NYSE: DATA) as shares were pressured following the release of Q2 results. While Tableau beat on the top and bottom line, growth appears to have disappointed some, sending shares... More