|Bid||5.70 x 4000|
|Ask||5.85 x 900|
|Day's Range||5.63 - 5.88|
|52 Week Range||4.89 - 20.18|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Cloudera is a huge loser in trading today after the company missed in revenue and cut its guidance. CEO Tom Reilly is also stepping down. Yahoo Finance's Seana Smith and Brian Cheung discuss.
Many investors still don't understand what a cloud even is, let alone a cloud computing stock. Clouds are networks of hyper-scale data centers, built with commodity hardware and open-source software, that enable the creation of scaled, global services delivered over the internet. Still, figuring out which cloud computing stocks to buy requires a big-picture look at the top companies.I divide cloud stocks into three types:* Cloud Czars, the owners of the biggest data centers, which now dominate the global economy.* Cloud Service Companies, which these clouds (and other, smaller ones) to deliver scaled services to consumers and businesses, selling them by subscription.* Cloud Retinue, companies that serve the cloud with products or services essential to maintaining the resource.During most of 2018, it was the Czars that dominated the market, but most have had a lousy second half of the year. You know them well by now -- Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB). Among these five companies are $3.5 trillion in market cap.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's the problem with the Czars. People fear them. Politicians want them broken up, or at a minimum they want them bound by expensive regulations, and this will continue to hurt the stocks. * 7 Defense Stocks to Buy to Fortify Your Portfolio Cloud service companies use cloud connectivity provided by another company in their business model. Think Netflix (NASDAQ:NFLX) or Salesforce.com (NASDAQ:CRM). They may serve either businesses or consumers. They use the economics of the cloud to reach global markets, replacing products like DVD players or corporate data centers. The best offer applications that were previously unimaginable.The cloud retinue is a term I created for this story. These are the suppliers of hardware, software and services to both the Cloud Czars and big customers now adapting to the reality of the cloud. Intel (NASDAQ:INTC) is part of the cloud retinue. So is Dell Technologies (NASDAQ:DVMT). Cloud retinue companies may also serve other markets, but it's largely the cloud they're pointing to for the future, which is what makes them the top cloud computing stocks to buy.Beyond these obvious choices, the cloud retinue includes data centers that connect clouds to one another and companies that deliver essential software as a service to both the public clouds of the Czars and the thousands of private clouds now replacing corporate data centers.The retinue may offer the best gains of any group in 2019 because they can fly under the radar of casual investors while delivering fat returns.In this gallery, you'll find examples of all three types of cloud computing stocks. It's not an exclusive list by any means, and it may also become very misunderstood because everyone in 2019 will want to call themselves a cloud play. Adobe Systems (ADBE)By the standards of technology companies, Adobe Systems (NASDAQ:ADBE) is ancient, having been founded back in 1982, when I still had a full-time job, making it one of the oldest cloud computing stocks to buy.What made Adobe one of the cloud service stocks to buy was a decision by CEO Shantanu Narayen, early in this decade, to move the company's operations entirely to the cloud. Popular tools like Adobe Photoshop became part of the company's Creative Cloud.What sent Adobe stock into overdrive was its marketing cloud, used by sales teams, and its experience cloud, used to design Web sites and direct people through them, based on data. These are essential tools if you want to compete with a giant online store such as Amazon, or even just stay in the game against it.Adobe shares were up 26% for the year and had been up over 50% until tech wrecked in October. Adobe's success is no secret, so the stock is pricey, selling for nearly 15 times its 2017 sales of $7.3 billion, and 49 times earnings.Adobe may come under pressure in 2019 as the market turns toward value and away from growth but consider this. While the company's revenue has been growing at 25% per year, net income has been growing at 45% per year. Amazon.com (AMZN)What keeps Amazon on the buy list for 2019 is partly the spectacular drop, starting in October 2018, that shaved over 20% off the stock's price, and partly its incredible prospects as it keeps finding new businesses to dominate.Source: Shutterstock For people who are under 30 and want to own an index fund, Amazon is one of the most compelling cloud computing stocks to buy for long-term gains.We think of Amazon as a retailer, but it's Amazon Web Services that is its secret sauce and makes this one of the best cloud computing stocks to buy. Amazon was the first to re-sell its cloud. It still dominates the market for cloud infrastructure, and the businesses using that infrastructure, like Netflix, continue to grow like weeds. * 10 Tech Stocks That Are Still Worth Your Time (And Money) Some bearishness has crept into Amazon due to its enormous power and struggling HQ2 process, leading many to call for breaking it up. But you can't. Hundreds of thousands of small merchants depend on Amazon's fulfillment services to compete with Walmart (NYSE:WMT), which remains more than twice as large as Amazon. These merchants would rise as an army if any serious move were made against it.Amazon can now depend on getting about $12 billion per year from doing nothing. That's what its $119/year Amazon Prime offering of free shipping brings in before it ships a single order or downloads a single movie, and while Amazon does offer free Prime content, it also re-sells others' movies and streaming services, including Netflix. Amazon's tentacles are now reaching around the world, to Asia, Europe and beyond.What makes Amazon more exciting for 2019 are the rise of new services. Some of them were inspired by its Chinese doppelganger Alibaba (NASDAQ:BABA) -- its growing move into finance -- while others came from more prosaic concerns like healthcare.Its purchase of Pillpack in 2018 makes it a pharmacy, and its joint venture with Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) and JPMorgan Chase (NYSE:JPM) could quickly make it one of the nation's largest health insurers -- the three companies have over 1 million employees between them. Cloudera (CLDR)With the acquisition of Red Hat (NYSE:RHT) by IBM (NYSE:IBM) expected to close in 2019, Cloudera (NASDAQ:CLDR) becomes the closest to a pure-play open source company on the U.S. stock market. It is a key member of the Cloud Retinue, the companies serving clouds with hardware, software and services.Source: Shutterstock Cloudera was formed around Hadoop, a data analysis system created in the last decade by a team under data scientist Doug Cutting. Cloudera struggled early in this decade because support doesn't sell when customers have more people working on your software than you do.Cloudera is finally gaining traction by selling its software as a service for machine learning and data analysis. It can analyze data sets exceeding 50 Petabytes in size -- that's 1 million gigabytes. The company is also buying its largest competitor in the Hadoop space, Hortonworks (NASDAQ:HDP).Between them, Cloudera and Hortonworks had revenue of over $600 million last year, and a combined market cap of about $3.1 billion. The companies should do a combined $800 million in business during 2018, so the price to sales ratio looks like a bargain.They're cheap because neither partner in the merger is yet profitable, but their combined size could make them a tasty morsel for a larger cloud company in 2019, like Dell Technologies, IBM or even Microsoft. Equinix (EQIX)Equinix (NASDAQ:EQIX) is a data center REIT. That means it runs data centers, used by the Czars to connect their clouds, and by many enterprises to house their private clouds. It is organized as a Real Estate Investment Trust (REIT), just like those owning commercial real estate or hotels, and is thus structured to send most of its profits back to shareholders in the form of dividends.Source: Shutterstock Over the last year, that meant $9.12 of dividends were paid for each Equinix share. The dividends have grown nearly 50% over the last five years, while the stock's value has risen 141%, to a market cap of $31.2 billion.For the cautious cloud investor, a data center REIT is a great place to play for 2019, because the business is still growing and you're getting maximum dividends. Equinix competes with such companies as CoreSite Realty (NYSE:COR), CyrusOne (NASDAQ:CONE) and Digital Realty Trust (NYSE:DLR), most of which were built on a real estate platform rather than a tech platform. * 7 Stocks Top Investors Are Buying Now In addition to handling connections between clouds, data centers like Equinix also host cloud equipment, expanding tits geographic footprint.Equinix was founded in 1999 as a "co-location center," a neutral site where companies like Verizon Communications (NYSE:VZ) might park computing equipment and connect it with private clients on its network. It didn't take the REIT form until 2015. In May 2017 Equinix completed the purchase of Verizon's data centers. FireEye (FEYE)FireEye (NASDAQ:FEYE) lives in one of the hottest and fastest-changing cloud niches -- security. It competes with such companies as Palo Alto Networks (NASDAQ:PANW), Fortinet (NASDAQ:FTNT) and CyberArk Software (NASDAQ:CYBR), as well as more established networking players like Cisco Systems (NASDAQ:CSCO) and traditional security outfits like Checkpoint Software (NASDAQ:CHKP).Source: David via Flickr (Modified)FireEye is considered a "next generation firewall" company, selling its FireEye Cloud Security as a service to governments, corporations and other large enterprises. In addition to offering firewall services and corporate identity protection, the company also investigates threats. It is among the fastest-growing computer security companies.While other sectors of the cloud computing market fell hard in October, computer security companies like FEYE remained strong. Its market cap of $3.5 billion buys you over $800 million in 2018 revenue, but as with many other companies in the space, it must invest continuously to stay competitive and only became profitable in the third quarter of 2018, earning six cents per share.FEYE has over $1 billion in cash and short-term securities on its books, enough to pay off its long-term debt with room to spare. It consistently has been cash-flow positive. There are no guarantees in this part of the market, but FireEye has gained a solid foothold as one of the better cloud computing stocks to buy. With a market cap of just $3.5 billion, it could also become a takeover candidate. Intuit (INTU)Intuit (NASDAQ:INTU), like Adobe, began life selling packaged software for PCs, but now sells that software mainly by subscription. The ongoing connections with customers have also brought it into other areas of finance, like Quicken Loans, which was spun out in 2002.Source: Mike Mozart via Wikimedia (Modified)Given the fact that taxes and accounting are its main business, Intuit revenues retain some seasonality, with almost half its sales coming in its quarter ending in April. For its 2018 fiscal year, which ended in July, this meant revenue of $5.96 billion, of which $1.21 billion flowed to the net income line. Its market cap is over $51 billion.Intuit's move toward the cloud remains a work in progress, but its strength in the accounting niche has let it move at the pace of its customers, many of them small businesses and householders who aren't computer savvy. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip The fastest-growing part of the business is Mint, an online financial services operation first launched in 2006. Mint is used for budgeting and offers Intuit the opportunity to partner with other financial service companies, including wealth management companies. Integration with these companies, meant to make forms easier to complete, help Intuit expand its niche.The move into the cloud has delivered shareholders a gain of 177% in their shares over the last five years and delivered a steady stream of dividends that have also doubled in that time. Intuit's size and its middle-class niche could make it a great acquisition for a bank or a Cloud Czar, but meanwhile, among the top cloud computing stocks to buy, it's a good defensive play because taxes are one of the two inevitabilities of life. Microsoft (MSFT)Microsoft (NASDAQ:MSFT) has become the strongest and least controversial of the Cloud Czars because its Azure cloud is mainly used to sell and develop software. Still it is easy to see why this is one of the safest cloud computing stocks to buy.Source: Shutterstock Microsoft is best known for its Windows operating system and Office applications. Both are now updated exclusively online, but it also delivers software through Azure for hundreds of other companies. In the process of building Azure, Microsoft has also buried the hatchet with the open-source movement. Among its 2018 acquisitions was GitHub, the largest open-source repository.Microsoft was late to becoming a Cloud Czar, having committed to the platform only in 2014 upon naming Satya Nadella its CEO. Since then it has built a network that will soon cover every continent, including Africa. This means it has increased its capital budget to over $13 billion in 2018, from $8.9 billion just two years ago.Microsoft has become a growth company again. Revenue has been growing north of 12% for the last three years. Now that it appears to have permanently crossed the trillion market gap mark, if I could own only one Cloud Czar, it would be Microsoft.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL, AMZN, BABA and MSFT. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Top-Rated Financial Stocks to Bank On * 7 Artificial Intelligence Stocks for an AI Revolution * 7 Autonomous Vehicle Stocks to Consider Now The post 7 Cloud Computing Stocks to Buy for 2019 appeared first on InvestorPlace.
The nature of investing is that you win some, and you lose some. And unfortunately for Cloudera, Inc. (NYSE:CLDR...
Palo Alto-based cloud data provider Cloudera Inc. plans to open-source all of its software and focus on providing value-added services on top of its platform, the company said Wednesday.
IBM's hybrid cloud infrastructure, the latest deal is likely to bolster the top line, consequently aiding IBM to compete better against peers.
Cloudera news for Friday about the company signing a deal with IBM (NYSE:IBM) has CLDR stock moving.Source: Shutterstock This new deal between Coudera (NYSE:CLDR) and IBM is an extension of a previous deal between IBM and Hortonworks. Hortonworks is a cloud company that merged with Cloudera earlier this year. This new deal will add Cloudera's platform for IBM's use.The Cloudera news also means that IBM is going to start reselling its Enterprise Data Hub and DataFlow services. At the same time, Cloudera will begin reselling IBM's Watson Studio and BigSQL.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Cloudera news means that the two companies will be working together to bring more AI solutions to customers. This includes targeting organizations that are operating across the Apache Hadoop ecosystem.Here's what Scott Andress, Vice President of Global Channels and Alliances for CLDR, has to say about the Cloudera news."By teaming more strategically with IBM we can accelerate data-driven decision making for our joint enterprise customers who want a hybrid and multi-cloud data management solution with common security and governance. We are pleased to have expanded our relationship with IBM, and I am very encouraged by the momentum that our companies have continued to generate together since the merger." * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 CLDR was hit hard earlier this month when it released its most recent earnings report. What was hammering away at the stock was the company's mixed outlook for fiscal 2020. It also announced it is losing its CEO that same day.CLDR stock was up slightly as of Friday morning, but is down 49% since the start of the year. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Cloudera News: CLDR Signs Deal with IBM appeared first on InvestorPlace.
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included a company riding low interest rates and a strong homebuilding trend, and a semiconductor stock bucking an otherwise rough trend for the industry. Bearish calls included a restaurant where you can play Skeeball, and negative bet on a couple casino stocks.
As the arms race among the software and cloud-computing giants accelerates, Citigroup outlines the next seven most likely M&A targets.
On Friday morning around 9:22 a.m., Benzinga Pro subscribers were alerted to a purchase of 1,602 Cloudera call options at an $6 strike price that expire Aug. 2. Within 1 minute, likely the same trader purchased an additional 1,820 of the same call options near the ask price at 25 cents. This second trade represented a $45,500 bullish bet on Cloudera.
Cloudera's IPO early in 2017 was met by great excitement with its stock rallying more than 20% on the first day of trading. What more could shareholders ask for than a rapidly growing data cloud company? Then, throughout fiscal 2019, investors started becoming slightly skeptical, as Cloudera's growth rates went from growing at a sizzling 40% top-line growth in fiscal 2018 to a more modest 30% top-line growth in fiscal 2019.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
The money-losing enterprise software stock had a train wreck of a quarter, according to one analyst, and the outlook for fiscal 2020 is worse. Investors have been enamored with enterprise software stocks for two years. Digital transformation is a real thing.
DocuSign Inc. exceeded expectations with its headline results on Thursday, but its stock appears poised to succumb to this week’s software curse.
Stocks climbed on hopes of an interest rate cut, and investors considered the outlooks for cloud software companies Cloudera and MongoDB.
Cloudera Inc (NYSE: CLDR) announced multiple disappointing metrics and business updates in its fiscal first-quarter results, which prompted a 40-percent decline in the stock. Wells Fargo's Philip Winslow maintains a Market Perform rating on Cloudera's stock with a price target lowered from $12.50 to $8. Wedbush's Daniel Ives maintains at Neutral, price target lowered from $16 to $7.
From executive turnover to a painful quarter and reduced forward guidance, there's little to like about the cloud-software specialist today.
Shares of MongoDB Inc. (MDB) went down 3.94% to $143 in after-hours trading on Wednesday after beating consensus estimates on non-GAAP earnings for the first quarter of fiscal 2020 by 2 cents, despite posting a loss of 22 cents per share. Warning! GuruFocus has detected 2 Warning Signs with CPLG. The GAAP result was also a loss of 61 cents per share, reflecting a 15.1% decline from the prior-year quarter.
Cloudera earnings for the company's first quarter of fiscal 2020 have CLDR stock taking a beating on Thursday.Source: Shutterstock The Cloudera (NYSE:CLDR) earnings report starts off with a mixed outlook for its second quarter of the fiscal year. This includes the software company expecting revenue for the period to range from $180 million to $183 million. This will have it missing Wall Street's revenue estimate of $203.29 million for the quarter.The Cloudera outlook for its second quarter of fiscal 2020 also has it expecting losses per share between 11 cents and 8 cents. This range covers analysts' losses per share estimate of 9 cents for the period.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCloudera earnings for its first quarter of the fiscal year also includes its outlook for the full year of fiscal 2020. This has the company expecting revenue of $745 million to $765 million. That's a blow to CLDR stock with Wall Street looking for revenue of $844.71 million in fiscal 2020.The Cloudera outlook for fiscal 2020 also has it expecting losses per share to come in between 32 cents and 28 cents. Analysts are expecting the company to report losses per share of 35 cents for its current fiscal full year. * 10 Stocks to Buy That Could Be Takeover Targets While the Cloudera earnings outlook was definitely bad news for CLDR stock, it wasn't the only negative for the company. It also announces today that it is losing CEO Tom Reilly at the end of July. Filling in for him temporarily will be Chairman of the Board Martin Cole as a new CEO is sought out.CLDR stock was down 41% as of Thursday morning. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Cloudera Earnings: CLDR Stock Crumbles on Outlook, CEO Exit appeared first on InvestorPlace.
Cloudera Inc. was swimming in downgrades on Thursday morning as analysts digested the company’s weak outlook as well as its disclosure that its chief executive would be stepping down.