Zendesk stock price target raised to $62 from $50 at UBS
Zendesk stock price target raised to $62 from $50 at UBS
Previous Close |
---|
$56.99 |
5 Day |
|
1 Month |
|
3 Month |
|
YTD |
|
1 Year |
|
Zendesk stock price target raised to $62 from $50 at UBS
Zendesk Inc. shares rose in the extended session Tuesday after the enterprise-software company reported a surprise adjusted profit and forecast revenue above the Wall Street view. Zendesk shares rallied 6% after hours, following a 0.4% decline to close at $48.58 in the regular session. The company reported a first-quarter loss of $29.3 million, or 28 cents a share, compared with a loss of with $25.1 million, or 26 cents a share, in the year-ago period. Adjusted earnings were 2 cents a share. Revenue rose to $129.8 million from an adjusted $93.9 million in the year-ago period. Analysts surveyed by FactSet had estimated an adjusted loss of 3 cents a share on revenue of $126.5 million. For the second quarter, Zendesk estimates revenue of $136 million to $138 million, while analysts expect revenue of $133.9 million.
Publicly traded technology companies have been issuing bonds that convert into equity at a pace unseen since the height of the dot-com bubble as demand for tech stocks surges.
Publicly traded technology companies have been issuing bonds that convert into equity at a pace unseen since the height of the dot-com bubble as demand for tech stocks surges.
Zendesk (ZEN) Investor Presentation - Slideshow
Canaccord Genuity analyst David Hynes assigned a Buy rating to Zendesk (NYSE: ZEN) yesterday and ...[...]
Stifel Nicolaus analyst Tom Roderick reiterated a Hold rating on Zendesk (NYSE: ZEN) today and ...[...]
KeyBanc analyst Brent Bracelin assigned a Buy rating to Zendesk (NYSE: ZEN) yesterday and set ...[...]
Software-as-a-service (SaaS) stocks are some of the hottest names in the tech sector right now, and these five have stood out so far this earnings season.
Opko Health Shouldn't Be Down - Cramer's Lightning Round (5/9/18)
Bulletproof Investing Performance Update: Week 23
In a report released today, David Hynes from Canaccord Genuity maintained a Buy rating on ...[...]
Zendesk: Good Quarter Doesn't Justify High Valuation
In a report released today, Tom Roderick from Stifel Nicolaus maintained a Hold rating on ...[...]
Zendesk's (ZEN) CEO Mikkel Svane on Q1 2018 Results - Earnings Call Transcript
KeyBanc analyst Brent Bracelin maintained a Buy rating on Zendesk (NYSE: ZEN) yesterday. The company’s ...[...]
Zendesk +7% on Q1 beats and upside guidance
Skilljar Launches Zendesk App to Empower Customer Service Teams with Training Insights
Zendesk Recognized as a Leader in the Gartner Magic Quadrant for the CRM Customer Engagement Center
Zendesk to Present at Upcoming Investor Conferences
Zendesk Launches Omnichannel Suite for an Integrated Customer Experience
Zendesk to Hold Annual Analyst & Investor Day on May 17, 2018
Developments in the Customer Relationship Management Market
Pre-Market Technical Scan on Application Software Equities -- Shopify, Sphere 3D, Twilio, and Zendesk
Zendesk Announces Date of First Quarter 2018 Financial Results
Qordoba Announces Multilingual Text Intelligence Integration For Zendesk Guide
Zendesk Surpasses $500M Annual Revenue Run Rate; Continues Enterprise Expansion With New AI-Powered Enterprise Self-Service Product
Research Links Employee Volunteering With Happier Customers
Zendesk, Inc. Announces Pricing of Private Offering of $500 million of 0.25% Convertible Senior Notes due 2023
Zendesk, Inc. Announces Proposed Private Offering of $500 million of Convertible Senior Notes
Zendesk, Inc. engages in the provision of customer service platform which enables companies to provide customer support. Its products and services include support; guide; chat; talk; message; inbox team email; explore; connect plus outbound; integrations and apps; embeddables; insights and analytics; and products update. Its also features ticketing system; community forums; help desk software; IT help desk; security; and tech specs. The company was founded by Mikkel Asger Svane, Morten Primdahl and Alexander Aghassipour in 2007 and is headquartered in San Francisco, CA. (See Full Profile)
Name | Chg % | Market Cap |
---|---|---|
NICE Ltd. ADR | $6.68B | |
LivePerson Inc. | $1.32B | |
Verint Systems Inc. | $2.8B | |
Salesforce.com Inc. | $99.58B | |
ServiceSource International Inc. | $393.9M |