STOCKS TELEGRAPH

Tag: CRWD

  • CrowdStrike Holdings Inc. (CRWD) stock is Becoming More Attractive by the Day. Here’s Why?

    Cybersecurity has been gaining popularity since the pandemic when a stark and accelerated shift to a more digitalized and technology-first world started. It has evolved into a basic necessity in today’s world. Businesses and individuals are growing more and more dependent on computers, smartphones, and other intelligent devices. With the increased use of online data storage and cloud solutions, demand for data and information protection is also exploding. A further escalating factor in the demand for cyber security has been the Russian invasion of Ukraine, which has fueled cyber attacks. Cyber attacks pose a threat to individuals, businesses, and governments in both financial and informational terms. With the increasing demand for cybersecurity, its market is expected to grow at a compound annual growth rate of 13.5% between 2022 and 2029.

    Amid this trend, CrowdStrike Holdings Inc. (CRWD) has been proving itself more and more worthy. The company brings together cloud technology, artificial intelligence, and cybersecurity, which marks triple ticks for it. The continued tailwinds are expected to further boost the company on a bullish path as it stabilizes its exponential growth in the coming quarters. However, headwinds from the peaking inflation exist which with the aggressive Fed might just tip the U.S. economy into recession. But on the brighter side, the market and company outlook are both bullish in the longer run.

    CRWD’s Analysis

    The cloud-native cybersecurity firm has been a prominent pandemic darling with its shares skyrocketing by 258% between January 2020 and December 2021. But since the November peak last year, the stock has plunged over 30%. This decline comes from the wider market downfall, with the Nasdaq Composite squaring the bear territory and others closing on it. Despite the sell-off, the stock has seen multiple upgrades in recent weeks.

    Currently, CRWD stock is valued at $148.94 a share as per data of the extended trading session on May 19, 2022. The stock witnessed gains of 2.99% in the regular session and 4.42% in the after-hours on Thursday. Consequently, CRWD stock prices gained 5.72% to 150.80 in pre-market trading today.

    Recent & Upcoming Earnings

    On March 9, the company posted earnings for the fourth quarter and fiscal year 2022, which ended on January 31, 2022.

    Source: Corporate Finance Institute

    Continuing its mammoth growth, the company’s revenue surged by 63% YOY to $431.0 million in the fiscal 2022 fourth quarter. This compares to the year-ago revenue of $264.9 million. The subscription revenue was up 66% YOY.

    The annual recurring revenue (ARR) grew by 65% in the quarter to stand at $1.73 billion. However, the non-GAAP subscription gross margin was 79% against 80% in the same period of the previous year.

    Net income totaled $70.4 million with earnings per share of 30 cents in the quarter while the same was 13 cents in Q4 fiscal 2021.

    At the end of the quarter, the company had cash and cash equivalents of $2.0 billion.

    For the full fiscal year, CRWD made a profit of 67 cents per share on revenue of $1.45 billion, which grew by 66% YOY.

    Future Outlook

    For Q1 and fiscal year 2023, the company provided the following guidance:

    Metrics Q1 FY2023 Full Fiscal 2023
    Total Revenue $458.9-$465.4 million $2,133.1-$2,163.2 million
    Non-GAAP Net Income $52.0-$56.7 million $251.1-$273.6 million
    Diluted Earnings Per Share $0.22-$0.24 $1.03-$1.13

    Based on the guidance figures, the company is looking ahead to revenue growth of 42-47% this year. While this is less compared to its above 65%, it is still a great number. The company has been doubling its revenue for the past few years; it makes much sense that the revenue growth will now normalize somewhat. A further reason for this revenue growth being a good figure is the broader market instability and downfall owing to the geopolitical and economic turmoil.

    Additionally, the company will be releasing its Q1 fiscal 2023 earnings for the quarter ended on April 30, on June 2, 2022, after the bell.

    CRWD’s Strong Base

    In the past five years, the company has registered a healthy 105% compound annual growth rate for subscribers. Moreover, retaining customers has also been a huge plus with its dollar-based net retention rate (DBNR) being above 120% for 16 consecutive quarters. The cherry on top, the company’s gross retention rate has been over 98% for the past three years.

    Falcon, the company’s security platform, brings an edge of being cloud-native and artificial intelligence enhanced. Also, the company was recently granted Impact Level 4 authorization from the U.S. Department of Defense (DoD). This enables better access to controlled, unclassified information at the federal level.

    Target Price of CRWD

    Given its strong performance and fundamentals, CRWD has been getting target price upgrades from many experts. Recently, Wall Street, Deutsche Bank, Mizuho, and Baird raised their price targets for the stock. In April, the investment bank Goldman Sachs upgraded the stock from a Neutral rating to a Buy rating while discussing the numerous tailwinds for cybersecurity at large. The current target price from the investment firm is $285 per share from the previous $241.

    Conclusion

    The cybersecurity market is burgeoning with many tailwinds, pushing it further ahead as demand increases and cyber threats rise. Amid this growing industry is CRWD, which has been proving its potential over the recent years while more than doubling its revenues and getting stock price upgrades. Thus, with a bullish long-term outlook of the industry and the company, the stock is a good buy, according to Goldman Sachs and many others.

  • CrowdStrike Holdings Inc. (CRWD) stock Bullish After Hours on Beat Fiscal 2022 Results

    On March 09, CrowdStrike Holdings Inc. (CRWD) declared its Q4 and fiscal 2022 financial results, which ended on January 31, 2022. Consequently, the stock continued to rise in the after-hours with increased momentum.

    Source: Plus500

    During the regular trading session, the stock saw an active volume of 9.29 million shares, which was 212% of the average. The stock traded in a range of $157.67 and $171.08 before closing the session at $169.79. Thus, CRWD was able to increase by 8.31% during the session. It seems that investors were looking forward to the earnings with positive expectations. And hence, following the announcement, the stock surged in the after-hours as it added a further 13.55%. Therefore, CRWD stock was trading at $192.79 apiece in the after-hours as 2.09 million shares exchanged hands.

    The cybersecurity products and services provider, CrowdStrike Holdings Inc. was founded in 2011. Currently, the company has a market capitalization of $35.96 billion with its 208.21 million outstanding shares. Having lost 17.07% year to date, CRWD stands at a fie-day loss of 15.84%.

    CRWD’s Fiscal Q2 2022

    In the fiscal Q2 2022, the company had total revenue of $431.0 million, which marks an increase of 63% YOY.

    Moreover, CRWD had a non-GAAP net income of $70.4 million or $0.30 per diluted share in the quarter. Comparatively, the company had $31.6 million or $0.13 per share in Q4 fiscal 2021.

    Fiscal 2022

    In fiscal 2022, the company’s total revenue increased by 66% YOY to $1.45 billion.

    Furthermore, the non-GAAP net income was $160.7 million or $0.67 per diluted share in fiscal 2022. This compares to $62.6 million or $0.27 per share in the previous year.

    CRWD’s Future Outlook

    For fiscal Q1 2023, the company expects a non-GAAP net income of $52.0-$56.7 million on revenue of $458.9-$465.4 million. The expected diluted EPS for the quarter is $0.22-$0.24.

    Additionally, for fiscal 2023, CRWD expects non-GAAP net income of $251.1-$273.6 million on revenue of $2,133.1-$2,163.2 million. The expected diluted EPS for fiscal 2023 is $1.03-$1.13.

    CRWD Company News

    On March 08, the company shared updates regarding its Humio log management platform that enables complete real-time observability for all streaming logs. Humio has set the standard for data ingestion by achieving a benchmark of more than one-petabyte data ingestion per day.

    On March 07, a new Critical Infrastructure Defense Project for free cybersecurity services to vulnerable industries was announced by Cloudflare, CRWD, and Ping Identity

  • CrowdStrike Holdings (CRWD) shares sky scarping in the AH trading following upbeat earnings results

    CrowdStrike Holdings (CRWD) shares traded dramatically as higher as 12.1% to $159 in the after-market trading, following the cloud-based security software provider reported stronger-than-expected financial performance. 

    CrowdStrike (CRWD) posted sales of $232.5 million for its fiscal third quarter ended October 31, up to 86 percent from a year earlier, and well ahead of its guidance range of $210.6 million to $215 million. Non-GAAP profits of 8 cents a share were announced by the firm, topping its guidance range between break-even and a loss of a penny a share. There was $907.4 million in annual recurring sales, up 81 percent from the same point a year ago.

    CrowdStrike has sales of $245.5 million to $250.5 million for the January period, with a non-GAAP profit of 8 to 9 cents a share, ahead of the previous Street deal at $230.3 million and a penny a share.

    CrowdStrike raised its full-year outlook to come between $855 million and $860 million in sales and 21 to 22 cents a share in non-GAAP earnings, from a previous forecast of $809.1 million to $826.7 million and 2 to 8 cents a share in non-GAAP income.

    CrowdStrike’s CFO Burt Podbere added that for the third consecutive quarter, CrowdStrike reported non-GAAP operational profitability and created positive operating and free cash flow for the fifth straight quarter.

  • 15 Stocks In Software – Infrastructure Industry You Should Add In Your Bucket

    15 Stocks In Software – Infrastructure Industry You Should Add In Your Bucket

    Software Infrastructure Industry is considered to be an important industry as it helps the organization run smoothly by automating the processes in the organizations. Software is ubiquitous and is helpful in reducing time and also save costs. The software helps in increasing staff productivity, minimizing manual error, and improve security management.

    Every sector including manufacturing, entertainment, healthcare, software development, technology all is experiencing change because of fast digital transformation. Half of 2020 is passed and half is underway and the new trends in the software industry are also in process. There are various trends in software development that will take the center stage in 2020 and 2021. Trends include the Internet of Things (IoT), Artificial Intelligence, and Big data, etc.

    There are few leading companies in the Software Infrastructure Industry yo should add to your portfolio:

    Microsoft Corporation (NASDAQ: MSFT)

    Microsoft Corporation (NASDAQ: MSFT) shares were trading down -4.96% at $202.68 at the time of writing on Wednesday. Microsoft Corporation (NASDAQ: MSFT) share price went from a low point around $132.52 to briefly over $232.86 in the past 52 weeks, though shares have since pulled back to $202.68. MSFT market cap has remained high, hitting $1523.33B at the time of writing, giving it a price-to-sales ratio of more than 10.

    Microsoft Corporation (MSFT) has earlier announced that the fiscal year 2021 first-quarter financial results are available on its Investor Relations website. If we look at the recent analyst rating MSFT, UBS resumed coverage on MSFT shares with a Buy rating and a $230.72 price target, which implies room for 28.04% upside momentum this year.

    Palantir Technologies Inc. (NYSE: PLTR)

    Palantir Technologies Inc. (PLTR) last closed at $10.85, in a 52-week range of $8.90 to $11.42. Palantir Technologies Joins The Trinity Challenge. Palantir Technologies Inc. (PLTR) has announced that it has joined Trinity College Cambridge’s ‘The Trinity Challenge’ as a member. Palantir Technologies Inc.’s market cap has remained high, hitting $18.24 Billion at the time of writing.

    Oracle Corporation (NYSE: ORCL)

    Oracle Corporation (NYSE: ORCL) stock drop by -2.61% to $55.59 after Pennsylvania State University Joins Oracle Academy to Help Students Become Cloud Developers and Technology Leaders. The most recent rating by UBS, on October 14, 2020, is at a Neutral. Oracle Corporation (ORCL) revealed new cloud services to help mid-sized banks fighting money laundering and outsmart financial crime.

    Limelight Networks Inc. (NASDAQ: LLNW)

    Limelight Networks Inc. (NASDAQ: LLNW) shares headed falling, lower as much as -6.36%. The most recent rating by B. Riley Securities, on October 23, 2020, is at a Buy. Limelight Networks Inc. (LLNW) has shared record revenue of $59.2 million for the third quarter of 2020, up 15 percent, compared to $51.3 million in the third quarter of 2019.

    FireEye Inc. (NASDAQ: FEYE)

    FireEye Inc. (NASDAQ: FEYE) rose 0.25% after gaining more than $0.04 on Wednesday. It has moved up 87.33% from its 52-weeks low and moved down -22.98% from its 52-weeks high. FireEye Inc. (FEYE) has earlier announced the financial results for the third quarter ended September 30, 2020. It has reported a revenue of $238 million as compared to the revenue of $226 million.

    Akamai Technologies Inc. (NASDAQ: AKAM)

    Akamai Technologies Inc. (NASDAQ: AKAM) last closed at $97.40, in a 52-week range of $75.18 to $120.00. Analysts have a consensus price target of $124.65. Akamai Technologies Inc. (AKAM) earlier announced that it has been recognized by Gartner as a Leader in the 2020 Magic Quadrant for Web Application Firewalls for the fourth year in a row.

    Square Inc. (NYSE: SQ)

    Square Inc. (NYSE: SQ) stock drop by -2.27% to $167.13. The most recent rating by Wolfe Research, on September 29, 2020, is at an Outperform. Square Inc. (SQ) has announced that it is scheduled to release financial results for the third quarter of 2020 on November 5, 2020. The company will host the conference call on the same day.

    NortonLifeLock Inc. (NASDAQ: NLOK)

    NortonLifeLock Inc. (NASDAQ: NLOK) shares headed falling, lower as much as -1.83% after 1 in 5 Americans Have Shared Disinformation. The most recent rating by Argus, on August 21, 2020, is at a Buy. NortonLifeLock Inc. (NLOK) announced it was named one of America’s Most JUST Companies, which recognizes companies for its commitment to serving its workers, customers, communities, the environment, and shareholders.

    BlackBerry Limited (NYSE: BB)

    BlackBerry Limited (NYSE: BB) fall -5.77% after losing more than -$0.28 on Wednesday. BlackBerry Limited (BB) has revealed a partnership to speed up Ontario’s economic recovery, after the impact of the COVID-19 pandemic. It has announced that it will participate in the Ontario Made program, managed by CME, aimed at promoting locally made products.

    Dropbox Inc. (NASDAQ: DBX)

    Dropbox Inc. (NASDAQ: DBX) last closed at $18.61, in a 52-week range of $14.55 to $24.14. Analysts have a consensus price target of $28.11. Dropbox Inc. (DBX) has announced that it will release its financial results for the third quarter ended 30 September 2020 after the market close on November 5, 2020. It has traded up 27.90% from its 52-weeks low and traded down -22.91% from its 52-weeks high.

    Adobe Inc. (NASDAQ: ADBE)

    Adobe Inc. (NASDAQ: ADBE) stock drop by -4.51% to $456.97. The most recent rating by DZ Bank, on September 17, 2020, is at a Buy. Adobe Inc. (ADBE) has revealed significant innovation across its Creative Cloud applications and services. In addition to ground-breaking new features like Neural Filters in Photoshop, the company shared major updates to its flagship applications including Lightroom, Premiere Pro, and Illustrator.

    CrowdStrike Holdings Inc. (NASDAQ: CRWD)

    CrowdStrike Holdings Inc. (NASDAQ: CRWD) fall -1.43% after losing more than -$1.91 on Wednesday. CrowdStrike Holdings Inc. (CRWD) has earlier revealed the new CrowdStrike Falcon X Recon module that will offer customers an increased level of situational awareness through the deep, broad collection of data from digital sources.

    Cloudflare Inc. (NYSE: NET)

    Cloudflare Inc. (NYSE: NET) last closed at $54.76, in a 52-week range of $15.05 to $61.86. Analysts have a consensus price target of $48.46. Cloudflare Inc. (NET) has earlier announced that it has dropped Cloudflare One, a comprehensive, cloud-based network-as-a-service solution for the workforce. This company has a market capitalization of $16.74 billion at the time of writing.

    Nutanix Inc. (NTNX)

    Nutanix Inc. (NTNX) stock soar by 0.08% to $24.56 after Nutanix Empowers UK Institute to Leap with Confidence. The most recent rating by Robert W. Baird, on August 28, 2020, is at a Neutral. Nutanix Inc. (NTNX) has revealed that that Highland Bank, a privately-held, business-focused bank implemented Nutanix hyper-converged infrastructure (HCI) to enable employees to work from anywhere in response to the COVID-19 pandemic, as well as increase the flexibility and reliability of their infrastructure.

    Box Inc. (NYSE: BOX)

    Box Inc. (NYSE: BOX) shares headed falling, lower as much as -0.80%. The most recent rating by Craig Hallum, on May 28, 2020, is at a Buy. Box Inc. (BOX) has traded up 86.00% from its 52-weeks low and traded down -27.25% from its 52-weeks low. This company has a market capitalization of $2.52 billion at the time of writing.

  • 20 Trending Stocks In Software – Infrastructure Industry You Should Be Holding Now

    20 Trending Stocks In Software – Infrastructure Industry You Should Be Holding Now

    In today’s world, we are observing the fast digital transformation that affects all life areas including business, healthcare, manufacturing, and entertainment. Software is ubiquitous and the software industry is considered to be an important industry as the new technologies are evolving with time.  The software industry has made progress rapidly. The global information technology is on pace to reach $5.2 trillion in 2020.

    There are various trends this industry is adapting to keep pace with the fast-moving technological world.  Cloud computing and artificial intelligence is now dominating the technological world today. There are various other trends such as machine learning, blockchain, and edge computing has a major impact on this industry beyond our imagination.

    Let take a quick look at the top 20 trending companies which are following new trends to compete in the market:

    ACI Worldwide Inc. (NASDAQ: ACIW)

    ACI Worldwide Inc. (NASDAQ: ACIW) shares were trading up 2.55% at $27.95 at the time of writing on Monday. ACI Worldwide Inc. (NASDAQ: ACIW) share price went from a low point around $20.03 to briefly over $39.37 in the past 52 weeks, though shares have since pulled back to $27.95. ACIW market cap has remained high, hitting $3.20B at the time of writing, giving it a price-to-sales ratio of more than 2.

    ACI Worldwide Inc. (ACIW) disclosed that it has entered into a strategic partnership with GOLDPoint Systems for installment and specialty lenders. The companies will facilitate debit card loan payments and disbursement of loan proceeds for GOLDPoint Systems’ customers through the integration of the ACI Speedpay solution into the GOLDPoint platform. If we look at the recent analyst rating ACIW, Compass Point initiated coverage on ACIW shares with a Buy rating and a $35.43 price target, which implies room for 7.48% upside momentum this year.

    Adobe Inc. (NASDAQ: ADBE)

    Adobe Inc. (NASDAQ: ADBE) last closed at $486.47, in a 52-week range of $255.13 to $536.88. Analysts have a consensus price target of $552.77. Adobe announced the appointment of Melanie Boulden to its board of directors, effective Oct. 5, 2020. The addition of Boulden expands Adobe’s board of directors from 10 to 11 members. This company has a total market capitalization of $243.37 billion.

    Akamai Technologies Inc. (AKAM)

    Akamai Technologies Inc. (AKAM) stock soar by 0.45% to $109.10. The most recent rating by Needham, on July 22, 2020, is at a Buy. Akamai Technologies Inc. (AKAM) disclosed earlier that it was named a Leader in The Forrester Wave™: Zero Trust eXtended Ecosystem Platform Providers, Q3 2020 evaluation. Forrester evaluated 15 vendors and their Zero Trust security platforms based on 19 criteria, ranking their current offering, strategy, and market presence.

    BlackBerry Limited (NYSE: BB)

    BlackBerry Limited (NYSE: BB) Shares headed rising, higher as much as 1.35%. The most recent rating by TD Securities, on April 01, 2020, is at a Hold.BlackBerry Limited has revealed BlackBerry® Protect Mobile, a new mobile threat defense (MTD) solution that extends the powerful AI-based security in BlackBerry® Protect to mobile devices. Looking at its profitability, it has a current ratio of $2.58 billion.

    Box Inc. (NYSE: BOX)

    Box Inc. (NYSE: BOX) rose 0.70% after gaining more than $0.12 on Monday. Box Inc. (BOX) has disclosed that the U.S. Department of Veterans Affairs (VA) has issued Box an Authority to Operate (ATO). The VA can leverage Box’s cloud content management platform to modernize its technical infrastructure and drive new ways to work in the cloud. This company market capitalization has remained high, hitting $2.76 billion at the time of writing.

    CleanSpark Inc. (NASDAQ: CLSK)

    CleanSpark Inc. (CLSK) last closed at $12.20, in a 52-week range of $0.97 to $15.14. CleanSpark Inc. (CLSK) earlier disclosed that it is entering the Electric Vehicle (EV) charging station space through its recently acquired, wholly-owned subsidiary GridFabric, LLC. GridFabric is an OpenADR (Automatic Demand Response) communications compliance and certification company.

    CrowdStrike Holdings Inc. (CRWD)

    CrowdStrike Holdings Inc. (CRWD) stock soar by 3.58% to $144.88. The most recent rating by Goldman, on October 05, 2020, is at a Buy. CrowdStrike Holdings Inc. has earlier disclosed that it has completed its acquisition of Preempt Security, a leading provider of Zero Trust, and conditional access technology for real-time access control and threat prevention.

    Dropbox Inc. (NASDAQ: DBX)

    Dropbox Inc. (NASDAQ: DBX) shares headed rising, higher as much as 1.72%. The most recent rating by BofA Securities, on July 31, 2020, is at a Neutral. Dropbox Inc. (DBX) CEO and co-founder Drew Houston earlier, said that COVID has accelerated a shift to distributed work that we have been talking about for some time, and these new ways of working will not simply go away when the pandemic is over.

    FireEye Inc. (NASDAQ: FEYE)

    FireEye Inc. (NASDAQ: FEYE) rose 2.22% after gaining more than $0.27 on Monday. FireEye Inc. (FEYE)  earlier disclosed Mandiant® Advantage: Threat Intelligence the first SaaS-based offering by Mandiant Solutions to combine its Threat Intelligence with data from the frontlines of its industry-leading cyber incident response engagements, delivered through an easy-to-use management platform.

    Fortinet Inc. (NASDAQ: FTNT)

    Fortinet Inc. (FTNT) last closed at $119.09, in a 52-week range of $70.20 to $151.95. Analysts have a consensus price target of $139.50. Fortinet Inc. (FTNT) has launched its new free Information Security Awareness and Training service for organizations looking to educate employees about the increasing risks of cyberattacks. This company has a market capitalization of $19.91 billion at the time of writing.

    GoDaddy Inc. (NYSE: GDDY)

    GoDaddy Inc. (NYSE: GDDY) stock soar by 2.57% to $77.09. The most recent rating by Raymond James, on August 06, 2020, is at a Strong buy. GoDaddy Inc. (GDDY) has disclosed that customers can now sell their products on Instagram and Facebook through Websites + Marketing Ecommerce, further expanding the opportunity for them to find new customers and grow sales. As an official Facebook Marketing Partner, GoDaddy is one of the early adopters of Facebook’s Business Extension.

    Limelight Networks Inc. (NASDAQ: LLNW)

    Limelight Networks Inc. (NASDAQ: LLNW) Shares headed falling, lower as much as -1.79%. The most recent rating by Truist, on September 18, 2020, is at a Buy. Limelight Networks Inc. (LLNW) will report financial results for the third quarter of 2020 on Thursday, October 22, 2020. This company has a total market capitalization of $695.37 million at the time of writing.

    Micro Focus International plc (NYSE: MFGP)

    Micro Focus International plc (NYSE: MFGP) rose 7.48% after gaining more than $0.24 on Monday. Micro Focus International plc (MFGP) share price went from a low point around $3.11 to briefly over $16.49 in the past 52 weeks, though shares have since pulled back to $3.55. MFGP market cap has remained high, hitting $1.16 B at the time of writing.

    Microsoft Corporation (NASDAQ: MSFT)

    Microsoft Corporation (NASDAQ: MSFT) last closed at $210.38, in a 52-week range of $132.52 to $232.86. Analysts have a consensus price target of $229.83. Microsoft Corporation (MSFT) Microsoft Corp. is to build a data center hub in Greece as it invests in cloud services infrastructure in the country, a boon to an economy weakened by a decade-long debt crisis and the coronavirus pandemic.

    Cloudflare Inc. (NYSE: NET)

    Cloudflare Inc. (NYSE: NET) stock soar by 2.66% to $42.86. The most recent rating by Needham, on August 07, 2020, is at a Buy. Cloudflare Inc. (NET) has launched Cloudflare Radar, a free public tool that lets anyone view global traffic and security trends across the Internet as they happen. This company has a total market capitalization of $13.19 billion.

    NortonLifeLock Inc. (NASDAQ: NLOK)

    NortonLifeLock Inc. (NASDAQ: NLOK) shares headed rising, higher as much as 4.67%. The most recent rating by Argus, on August 21, 2020, is at a Buy. NortonLifeLock Inc. (NLOK) share price went from a low point around $13.06 to briefly over $24.40 in the past 52 weeks, though shares have since pulled back to $21.69. NLOK market cap has remained high, hitting $12.81 Billion at the time of writing.

    Nutanix Inc. (NASDAQ: NTNX)

    Nutanix Inc. (NASDAQ: NTNX) fall -0.99% after losing more than -$0.22 on Monday. Nutanix Inc. (NTNX) earlier disclosed the release of the first cloud-agnostic multi-database management solution. Era 2.0 extends the Nutanix database management solution across clouds and clusters to simplify operations, with increased scale and reduced costs for IT and database teams.

    Okta Inc. (NASDAQ: OKTA)

    Okta Inc. (NASDAQ: OKTA) last closed at $227.26, in a 52-week range of $88.66 to $231.29. Analysts have a consensus price target of $222.74. Okta Inc. (OKTA) has disclosed it will webcast the Keynote and Investor/Analyst Q&A sessions of Showcase 2020.

    Oracle Corporation (NYSE: ORCL)

    Oracle Corporation (NYSE: ORCL) stock soar by 1.24% to $59.56. The most recent rating by RBC Capital Mkts, on September 21, 2020, is at an Outperform. Paytronix Systems, Inc., the most advanced digital guest experience platform and a member of Oracle PartnerNetwork (OPN), today announced the integration of Paytronix Order & Delivery with Oracle MICROS Simphony POS.

    Anaplan Inc. (NYSE: PLAN)

    Anaplan Inc. (NYSE: PLAN) Shares headed falling, lower as much as -1.04%. The most recent rating by Needham, on August 27, 2020, is at a Buy. Anaplan Inc. (PLAN) market capitalization has remained high, hitting $8.85 billion at the time of writing.