Latest news with #software
Yahoo
7 hours ago
- Business
- Yahoo
Stem (STEM) Soars 8.8%: Is Further Upside Left in the Stock?
Stem, Inc. STEM shares ended the last trading session 8.8% higher at $6.71. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 33.7% loss over the past four weeks. STEM is benefiting from its focus on high-margin software and services, particularly PowerTrack and managed services, along with cost reductions and improved operational efficiency. This company is expected to post quarterly loss of $3.00 per share in its upcoming report, which represents a year-over-year change of +31.8%. Revenues are expected to be $33.1 million, down 2.7% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Stem, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on STEM going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Stem is part of the Zacks Computers - IT Services industry. Cognizant CTSH, another stock in the same industry, closed the last trading session 0.8% higher at $77.59. CTSH has returned -4.3% in the past month. Cognizant's consensus EPS estimate for the upcoming report has changed +0.7% over the past month to $1.26. Compared to the company's year-ago EPS, this represents a change of +7.7%. Cognizant currently boasts a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Stem, Inc. (STEM) : Free Stock Analysis Report Cognizant Technology Solutions Corporation (CTSH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
10 hours ago
- Business
- Yahoo
Why BlackBerry Stock Soared This Week
BlackBerry reported its latest earnings this week, beating Wall Street targets. The company's automotive software showed strong growth, and its secure communications segment continues to deliver. 10 stocks we like better than BlackBerry › Shares of BlackBerry (NYSE: BB) jumped this week, up 9% as of 1:22 p.m. ET on Friday. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq-100 gained 3.6% and 4.4%, respectively. The company, which has reinvented itself as a software provider, released its Q1 2026 (ended May 31) financial results, beating consensus estimates for most metrics and setting rosy guidance. BlackBerry reported better-than-expected Q1 2026 results earlier this week. The company's first-quarter earnings per share (EPS) came in at $0.02, $0.02 over consensus estimates. While revenue declined 1.4% year over year (YOY), the $121.7 million in sales still topped estimates. BlackBerry's QNX automotive software -- a sort of operating system for cars -- is seeing stronger-than-expected growth, up 4% YOY to $57.5 million. On the strength of its QNX sales and growth in its secure communications segment, the company raised its overall 2026 revenue forecast to between $508 million and $538 million. In a statement, CEO Brian John J. Giamatteo said of the quarter, "Both our QNX and Secure Communications divisions continue to execute effectively against their strategies, beating both top line and profitability expectations." In the years since the company's "crackberries" dominated the smartphone market, the company has worked to reinvent itself, ditching device-making for software. Things look to be paying off as the company shrinks its net loss and approaches profitability. Still, there's a decent amount of hype built in, and its stock is too expensive at the moment for my taste. Before you buy stock in BlackBerry, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and BlackBerry 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 $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% 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 June 23, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool recommends BlackBerry. The Motley Fool has a disclosure policy. Why BlackBerry Stock Soared This Week was originally published by The Motley Fool
Yahoo
10 hours ago
- Business
- Yahoo
Palantir Technologies Inc. (PLTR): I've Always Been Bullish, Says Jim Cramer
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the . Palantir Technologies Inc. (NASDAQ:PLTR) is a business analytics company whose shares are among the top performers this year. The stock has gained 90% year-to-date due to the firm's key role of providing software that allows for efficient business operations to the US government. Palantir Technologies Inc. (NASDAQ:PLTR) is also perhaps one of the largest pure-play software defense contractors in America which has helped stabilize its business as overall corporate spending remains slow. Cramer regularly discussed the stock during the first quarter as he outlined that Palantir Technologies Inc. (NASDAQ:PLTR) could benefit from efficiency drives in the US government led by Elon Musk's DOGE at the time. This time around, he commented on whether the stock can touch $200: 'And by the way, Palantir. A guy asked me, why aren't I more bullish on Palantir? I said when it was at 50 I said it was going to a 100. When I said it was a hundred, I said it was going to 200. I can't raise it yet! Can it go to 200? First they had them on this morning, I mean you know different guy, they didn't have Karp on. This guy didn't curse. It was great because it would have been double curse if we had Karp and the President.' A software engineer intently typing code into a laptop with multiple screens in an office. Recently, Cramer also called Palantir Technologies Inc. (NASDAQ:PLTR) a meme stock. Here is what he said: 'The ultimate meme stock for the moment is this company called Palantir, which reports. It's a cybersecurity company. Now this one's moved up by persistent retail buying that starts around 4:00 AM every day when they literally walk it up a couple of points before the bell and then continue to keep it at that level until the close. While we acknowledge the potential of PLTR 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term 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
18 hours ago
- Business
- Yahoo
Jim Cramer on Workday Stock: 'I'm Worried'
Workday, Inc. (NASDAQ:WDAY) is one of the 11 stocks Jim Cramer put under the microscope recently. During the lightning round, a caller inquired about the company, and Cramer replied: 'I'm worried. There's a lot of companies coming for Workday, and I don't like that. I think that what happens is we begin to see what's happening to Salesforce right now, where people just don't want to own Salesforce. So I want to stay away from Workday. I got enough pain right now with Salesforce.' A group of finance professionals analyzing market trends on their computer screens. Workday (NASDAQ:WDAY) provides cloud-based enterprise software designed to support financial management, human resources, spend management, planning, and supply chain operations. The platform includes features for analytics, reporting, and custom application development. Parnassus Investments stated the following regarding Workday, Inc. (NASDAQ:WDAY) in its Q4 2024 investor letter: 'We also added several new positions, including two in Information Technology: Workday, Inc. (NASDAQ:WDAY), a category leader for enterprise cloud applications for finance and human resources. We believe Workday's product stickiness and key initiatives such as its partnership with other service providers position the company well for incremental growth over the next few years.' While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
a day ago
- Business
- Yahoo
Citi Maintained a Buy Rating on monday.com (MNDY), Keeps the PT Unchanged
Ltd. (NASDAQ:MNDY) is one of the . On June 18, Steve Enders from Citi maintained a Buy rating on Ltd. (NASDAQ:MNDY) with a price target of $318. The rating comes after the company reported strong results for Q1 2025. In the fiscal first quarter of 2025 Ltd. (NASDAQ:MNDY) came in with strong revenue growth, record operating profit, and highest-ever free cash flow during a quarter. The revenue of 30% year-over-year to reach $282.3 million with a GAAP operating income of $9.8 million against a net loss of $5 million a year ago. Software engineers collaborating on a project while seated in a shared workspace. Management noted they continue to invest in AI features and enterprise work management capabilities. Looking ahead, the company expects second-quarter revenue between $292 million to $294 million with non-GAAP operating income between $32 million to $34 million. Ltd. (NASDAQ:MNDY) is a software company that offers a cloud-based Work Operating System designed to help teams build custom applications and manage projects efficiently. While we acknowledge the potential of MNDY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
