Mizuho Securities Cuts Price Target After Tableau Software (DATA) Reports First Ever License Sales Miss
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Weak Guidance Blows the Froth Off of Tableau (DATA) - Drexel Hamilton
February 5, 2016 9:06 AM ESTDrexel Hamilton analyst, Brian White, reduced numbers after Tableau Software's (NYSE: DATA) cautious guidance but believes the macro issues do not translate into sustainable weak product demand, it resets expectations. With deal metrics strong and deferred revenue growing he sees this as a buying opportunity on multiple compression. PT slashed to $75 from $132 no change to Buy rating.
Tableau delivered a more modest revenue beat in 4Q:15 and provided an unusually cautious 1Q:16 outlook with the company clearly pointing the finger at a weakening... More
Technology rout pushes Nasdaq to lowest close since 2014
February 5, 2016 7:21 AM ESTBy Caroline Valetkevitch
(Reuters) - The Nasdaq Composite that includes large-cap technology names like Alphabet, Microsoft and Facebook led another broad rout on Wall Street Friday, closing at its lowest level since October 2014.
Many stocks that had led on the way up in 2015 led the way down this week. Recent earnings and economic reports, including a tepid jobs report, seemed to confirm investors' fear that the economy, and corporate spending, are slowing.
Dismal sales forecasts from marquee technology names sent some high-profile shares crashing as investors questioned whether information-technology managers would keep spending on their products.... More
Expectations Catch Up with Tableau (DATA), PT Cut to $65 - Jefferies
February 5, 2016 6:59 AM ESTJefferies analyst John DiFucci reiterated a Hold rating and cut his price target on Tableau Software (NYSE: DATA) to $65.00 (from $92.00) following Q4 results and weak guidance.
DiFucci commented, "Expectations finally became too great for DATA. 4Q results that were in line with... More
Tableau Software (DATA) PT Cut In Half to $65 at Credit Suisse
February 5, 2016 6:52 AM ESTCredit Suisse analyst P. Winslow slashed its price target on Tableau Software (NYSE: DATA) to $65.00 (from $130.00) but maintained an Outperform rating.
Winslow commented, "Tableau reported $202.8 million in revenue and EPS of $0.33 versus consensus of $200.8 million and $0.16, respectively. Tableau lowered 2016 revenue and operating margin... More
After-Hours Stock Movers 02/04: (MFLX) (UBNT) (SYMC) Higher; (DATA) (LNKD) (OUTR) Lower (more...)
February 4, 2016 6:02 PM ESTTableau Software (NYSE: DATA) 42% LOWER; reported Q4 EPS of $0.33, $0.17 better than the analyst estimate of $0.16. Revenue for the quarter came in at $202.8 million versus the consensus estimate of $200.77 million. Sees FY 2016 sales of $830-$850 million, versus the consensus of $871 million. They sees FY 2016 EPS of $0.22-$0.35, versus the consensus of $0.62.
Multi-Fineline Electronix, Inc. (NASDAQ: MFLX) 40% HIGHER; The company and Suzhou Dongshan Precision Manufacturing Co., Ltd., one of the largest suppliers of precision sheet metal components,... More
Tableau Software (DATA) Plunge Related to License Revenue Miss - Analyst
February 4, 2016 4:59 PM ESTTableau Software (NYSE: DATA) is getting slammed to the tune of 40% after-hours following results that looked ok on the surface.
Tableau Software reported Q4 EPS of $0.33, $0.17 better than the analyst estimate of $0.16. Revenue for the quarter came in at $202.8 million versus the consensus... More
Splunk (SPLK) Trades Lower in Sympathy with Tableau Software (DATA)
February 4, 2016 4:47 PM ESTSplunk (Nasdaq: SPLK) Trades Lower in Sympathy with Tableau Software (NYSE: DATA)
... MoreTableau Software (DATA) Shares Plunge Following Q4 Results and Weak Outlook
February 4, 2016 4:02 PM EST(Updated - February 4, 2016 5:12 PM EST)
Tableau Software (NYSE: DATA) reported Q4 EPS of $0.33, $0.17 better than the analyst estimate of $0.16. Revenue for the quarter came in at $202.8 million versus the consensus estimate of $200.77 million.
"In Q4, a record 3,600 new customer accounts chose Tableau,... More
Trading Radar for 2/4: Cigna (CI), ConocoPhillips (COP), LinkedIn (LNKD), Occidental (OXY), News Corp. (NWSA) Report
February 3, 2016 2:27 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
Earnings:
Abiomed (Nasdaq: ABMD) - consensus EPS $0.15
AmerisourceBergen (NYSE: ABC) - consensus EPS $1.25
Arrow Electronics (NYSE: ARW) - consensus EPS $1.83
Asbury Automotive Group... More
Notable Analyst Rating Changes 2/3: (NPTN) (MNK) (SYNT) Upgraded; (MCHP) (XEL) (MS) Downgraded
February 3, 2016 10:22 AM ESTUPGRADES
Raymond James upgrades NeoPhotonics (NYSE: NPTN) from Outperform to Strong Buy with a price target of $11.
Mizuho Securities lifts Mallinckrodt plc (NYSE: MNK) from Neutral to Buy and... More
Maxim Group Starts Tableau Software (DATA) at Sell
February 3, 2016 6:54 AM ESTMaxim Group initiated coverage on Tableau Software (NYSE: DATA) with a Sell rating and a price target of $70.00.
For an analyst ratings summary and ratings history on Tableau Software click here. For more ratings news on Tableau Software click here.
Shares of Tableau Software closed at $78.83 yesterday.
... More