|Bid||0.00 x 800|
|Ask||0.00 x 3100|
|Day's Range||17.65 - 18.14|
|52 Week Range||15.11 - 19.62|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The quiet period following the IPO of Dell Technologies spin-off Pivotal Software Inc (NYSE: PVTL ) has ended, and several Wall Street analysts have weighed in on the stock. Here’s a rundown of what they’ve ...
KeyBanc started coverage of platform as a service, or PaaS, provider Pivotal Software (NASDAQ: PVTL ). The company says its platform, which is based on a process called containers, accelerates and simplifies ...
Pivotal Software Inc (NYSE: PVTL ), a cloud-native platform that facilitates software development, recently offered 37 million shares in an IPO , with each share priced at $15. The Analyst Following the ...
Here are some things going on today in the world of tech: Mixed Views of Pivotal IPO Analysts this morning are initiating coverage of Pivotal Software (PVTL), the cloud software company that came public April 20. The reviews seem evenly split: the equivalent of Buy ratings at Goldman Sachs, William Blair, KeyBanc, Credit Suisse, and Morgan Stanley, but Hold ratings at Barclays, Merrill Lynch, RBC Capital, Citigroup, and UBS. Goldman’s Heather Bellini, starting the stock at Buy with a $21 price target, writes that “we view Pivotal as a well-positions modern software development platform vendor, at the intersection of public cloud and on-premise, as the company can address both applications being refactored for public cloud, as well as new new applications being built for both on-premises and cloud." But RBC’s Matthew Hedberg assigns a Sector Perform rating, writing that while he likes the opportunity for the company’s cloud-development tools — the market for “platform-as-a-service,” or “PaaS,” is set to rise by 22% through 2021 — the shares to him seem fairly valued were they to reach $21, which would equate to 10 times the company’s software revenue based on 2019 estimates.
Pivotal Software, Inc. , a leading cloud-native platform provider, will report financial results for the first quarter of fiscal year 2019 ended May 4, 2018 after market close on Tuesday, June 12, 2018.
Pivotal Software, Inc. today announced the closing of its initial public offering of 42,550,000 shares of its Class A common stock at an initial public offering price of $15.00 per share, including 5,550,000 shares sold pursuant to the exercise in full of the underwriters’ option to purchase additional shares.
The recent hysteria for new cloud-software stocks seemed to ease a bit Friday with Pivotal Software Inc.’s initial public offering, but there are obvious questions about whether that is an issue with Pivotal ...
Mid-caps stocks, like Pivotal Software Inc (NYSE:PVTL) with a market capitalization of US$3.94B, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-capRead More...
Friday was the first day the cloud software maker’s stock traded on public exchanges, after pricing its IPO at $15, the midpoint of the $14 to $16 range.
Pivotal Software Inc. stock gained 4.9% Friday to close at $15.73. Friday was the first day the cloud software maker's stock traded on public exchanges, after pricing its IPO at $15, the mid point of the $14 to $16 range. Pivotal offered 33,117,000 shares of Class A stock, and selling-shareholder Generic Electric Co. offered 3,883,000 shares of Pivotal's Class A stock, which amounted to about 20% of the company's stake in Pivotal.
Pivotal Software, Inc. opened for trading today on the New York Stock Exchange under the ticker symbol “PVTL” following its initial public offering. Pivotal Software has a leading cloud-native platform, which accelerates and streamlines software development and modernizes legacy applications.
Shares of Ericsson (ERIC) are up $1.18, or 18%, at $7.82, after the company this morning reported Q1 revenue of 43.4 billion Swedish krona, a little less than the Street’s 43.59 billion SEK estimate, but it also turned in a surprise profit of 0.11 SEK per share, where analysts had been expecting a loss of 0.21 SEK per share. Twitter (TWTR) shares are up $1.05, or 3%, at $32.59, after MKM Partners’s Rob Sanderson this morning raised his rating on the shares to Buy from Neutral, with a $40 price target, writing that it should be bought for "monetization gains,” and he’s impressed by “a rebound in user growth with Daily Average Users up double-digits for five quarters." Sanderson thinks "the uber-bull case that TWTR eventually reaches the mainstream market is still on the table." It’s time for everyone to cut their Apple (AAPL) iPhone estimates in advance of the company’s earnings report May 2.
Shares of cloud software company Pivotal Software Inc. are up 4.9% in their first day of trading Friday. The stock opened at $16.75, 11.7% above its $15 IPO price. The first trade was executed at 10:43 ...
Pivotal Software, Inc. today announced the pricing of its initial public offering of 37,000,000 shares of its Class A common stock at a price to the public of $15.00 per share.
The initial public offering of Pivotal Software (PVTL) expected for pricing late Thursday probably isn’t an earnings story because the San Francisco-based company appears to be nowhere near profitability. The company, controlled by the private Dell Technologies, plans to offer 37 million shares in a range of $14 to $16 a share, which would give it a market value of about $3.8 billion based on 250 million outstanding shares.