U.S. Markets closed

Today’s Research Reports on Stocks to Watch: Inpixon and FireEye

NEW YORK, NY / ACCESSWIRE / April 20, 2018 / Shares of cyber security company FireEye were little changed on Thursday but the stock saw big gains earlier in the month after getting an upgrade and price target increase from a Morgan Stanley analyst. Shares of Inpixon saw big losses after announcing a public offering yesterday.

RDI Initiates Coverage on:


FireEye, Inc.

Inpixon shares were clobbered yesterday, closing down nearly 35% on about 5.7 million shares traded. The stock was one of the biggest losers on the NASDAQ on Thursday after the leading indoor positioning and data analytics company announced the launch of a public offering. The public offering is the company's effort to satisfy NASDAQ's stockholders' equity requirement of maintaining a minimum of $2.5 million in stockholders' equity. It was also earlier this week that the company said its board of directors had authorized proceeding with a spin-off of its wholly-owned subsidiary, Inpixon USA, which is expected to be renamed "Sysorex, Inc." The company's CEO Nadir Ali remarked, "A technology company and a value-added reseller (VAR) company are two fundamentally different types of businesses. By separating them into two independent entities, we can empower them to realize their true potential with a single focus. We believe this spin-off will provide that opportunity. With this separation, Inpixon will be able to invest its capital and resources towards enhancing and developing its Indoor Positioning Analytics technology in order to deliver faster innovations and grow its customer base. Sysorex, with its own dedicated management team, can concentrate its efforts on pursuing distinct opportunities for procuring third-party products and value-added services for commercial and federal customers for long-term growth and profitability."

Access RDI's Inpixon Research Report at:

FireEye, Inc. shares closed up a modest 0.05% on Thursday with a little over 2 million shares traded. The cybersecurity company had an exciting trading week last week seeing gains of 8%. it was at the end of last month that Morgan Stanley put out a research note on the stock and upgraded its 12-month price target from $18 to $21. Since that price target upgrade, the stock climbed heavily. The firm has an "overweight" rating on the stock. According to Morgan Stanley analyst Melissa Franchi, "At <5x CY19e recurring revenue, we see room for further upside and raise our PT to $21." Franchi said that FireEye's strengthened product portfolio, simplified marketing message, greater channel contribution and durable renewal base, give her greater conviction in the achievability, and room for upside, in the company's outlook for 12% billings and free cash flow growth through FY22.

Access RDI's FireEye, Inc. Research Report at:

Our Actionable Research on Inpixon (NASDAQ: INPX) and FireEye, Inc. (NASDAQ: FEYE) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.


For any questions, inquiries, or comments reach out to us directly at:


Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011



CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com