RHT - Red Hat, Inc.

NYSE - NYSE Delayed Price. Currency in USD
165.10
+0.01 (+0.01%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close165.09
Open165.27
Bid0.00 x 800
Ask0.00 x 800
Day's Range164.83 - 166.40
52 Week Range86.26 - 173.58
Volume1,261,053
Avg. Volume1,790,896
Market Cap29.334B
Beta1.24
PE Ratio (TTM)117.93
EPS (TTM)1.40
Earnings DateJun 18, 2018 - Jun 22, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est169.58
Trade prices are not sourced from all markets
  • Forbes2 days ago

    What Does The Red Hat And IBM Cloud Private And Deep Learning Combination Bring To Enterprise IT?

    Principal analyst and colleague Patrick Moorhead wrote about Google deploying POWER9 announced at the OpenPOWER Summit and last week I wrote about IBM expanding its platform HCI footprint with Nutanix. As another output of a long partnership, IBM and Red Hat recently announced the availability of IBM Cloud Private on Red Hat OpenShift/ Red Hat Enterprise Linux (RHEL). Additionally, IBM recently announced the availability of PowerAI for Red Hat Enterprise Linux (RHEL) running on IBM POWER9 platforms.

  • ACCESSWIRE4 days ago

    Stock Performance Review on Red Hat and Three Other Application Software Stocks

    Gains were broad based as six out of nine sectors finished the trading session in green. WallStEquities.com has initiated research reports on the following Application Software stocks: Red Hat Inc. (NYSE: RHT), RingCentral Inc. (NYSE: RNG), SAP SE (NYSE: SAP), and Shopify Inc. (NYSE: SHOP).All you have to do is sign up today for this free limited time offer by clicking the link below.

  • Juniper (JNPR) Teams Up With Red Hat Against Vendor Lock-In
    Zacks4 days ago

    Juniper (JNPR) Teams Up With Red Hat Against Vendor Lock-In

    Juniper (JNPR) collaborates with Red Hat to pave a safer path for enterprises to Multicloud, easing workload on IT teams.

  • Business Wire5 days ago

    Red Hat Hyperconverged Infrastructure for Cloud Bridges Datacenters and Edge Deployments

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today introduced Red Hat Hyperconverged Infrastructure for Cloud, an integrated solution for customers seeking to co-locate compute and storage functions in OpenStack environments. Red Hat Hyperconverged Infrastructure for Cloud offers an open platform to improve application portability between the datacenter and the edge, especially critical to enterprises that historically didn’t have any choice outside of inflexible, proprietary systems. This announcement marks the release of the second component in Red Hat’s hyperconverged portfolio, following the introduction of Red Hat Hyperconverged Infrastructure for Virtualization in June 2017, which combines Red Hat Virtualization and Red Hat Gluster Storage.

  • Business Wire5 days ago

    Red Hat Helps Power Tata Communications’ IZO™ Private Cloud with OpenShift and OpenStack

    Red Hat, Inc. (RHT), the world’s leading provider of open source solutions today announced that Tata Communications, a global digital infrastructure provider, has selected Red Hat Cloud Suite, Red Hat’s broadest hybrid cloud offering, to help enhance its IZO™ Private Cloud service. By implementing Linux and Kubernetes-based Red Hat OpenShift Container Platform and Red Hat OpenStack Platform, Red Hat’s massively scalable cloud infrastructure, Tata Communications is able to offer its enterprise customers a reliable hybrid cloud experience across the globe.

  • GlobeNewswire5 days ago

    Red Hat and Juniper Networks Expand Collaboration to Provide a Simplified and More Secure Path to Multicloud

    OPENSTACK SUMMIT—Red Hat, Inc. (RHT), the world's leading provider of open source solutions, and Juniper Networks (JNPR), an industry leader in automated, scalable and secure networks, today announced an initiative to provide a unified solution for enterprises designed to manage and run applications and services on any virtual machine (VM), any container and any cloud environment by more extensively integrating Red Hat OpenShift Container Platform and Red Hat OpenStack Platform with Juniper® Contrail® Enterprise Multicloud. In an effort to move faster, reduce costs and become more agile, many companies have moved their workloads to the cloud and container-based applications, which can be portable across hybrid or multicloud environments.

  • Analyzing BEAT, SUPN, ADBE And RHT Stocks
    Market Realist6 days ago

    Analyzing BEAT, SUPN, ADBE And RHT Stocks

    BioTelemetry’s (BEAT) net income has declined at a 3-year and 5-year average of 17% and 5.9% respectively. The company’s negative pre-tax margin changed from 5.5% in 2013 to 3.6% in 2017. The stock prices have beaten the diagnostics & research industry and S&P 500 between 2013 and 2017. The market cap had gained 373% between 2013 and 2017.

  • Business Wire6 days ago

    Red Hat Delivers Cloud Foundation for Digital Transformation with Latest Version of OpenStack Platform

    Red Hat, Inc. , the world's leading provider of open source solutions, today announced Red Hat OpenStack Platform 13, the latest version of Red Hat’s massively scalable and agile cloud Infrastructure-as-a-Service solution.

  • Business Wire12 days ago

    Red Hat Enhances Foundation for Digital Transformation with Latest Version of Red Hat Virtualization

    Red Hat, Inc. , the world's leading provider of open-source solutions, today announced the general availability of Red Hat Virtualization 4.2, the newest release of its Kernel-based Virtual Machine -powered virtualization platform.

  • Dow Jones Futures Fall As Home Depot Sales Miss; Software Breakouts Struggle
    Investor's Business Daily13 days ago

    Dow Jones Futures Fall As Home Depot Sales Miss; Software Breakouts Struggle

    Stock futures edged lower Tuesday as Home Depot fell on weak sales. Salesforce, Red Hat, Workday, Splunk and ServiceNow are struggling after breakouts came in lackluster volume.

  • PR Newswire17 days ago

    Neha Sandhu Named Red Hat's 2018 Certified Professional of the Year

    SINGAPORE, May 11, 2018 /PRNewswire/ -- Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that Neha Sandhu, senior support engineer at Spark New Zealand, has been named the 2018 Red Hat Certified Professional of the Year. The annual award honors a Red Hat Certified Professional (RHCP) who demonstrates ingenuity, hard work and expertise, and will be presented to Sandhu at Red Hat Summit 2018, currently taking place in San Francisco. Sandhu is both a Red Hat Certified Systems Administrator (RHCSA) and a Red Hat Certified Engineer (RHCE).

  • Tech Giants Are Offering Startups Free Patents in a Bid to Foil Lawsuits
    Bloomberg17 days ago

    Tech Giants Are Offering Startups Free Patents in a Bid to Foil Lawsuits

    Red Hat Inc. and Lenovo Group Ltd. are giving away free patents to any startup that joins a group of more than 200 companies devoted to keeping its members and their patents out of court. It’s a carrot to entice startup companies to join the LOT Network, a non-profit created by Alphabet Inc.’s Google and Canon Inc. four years ago to combat litigation by patent assertion companies, known derisively as “trolls,” that don’t make any products but seek royalties by challenging patents. By joining LOT, a company agrees that if they sell patents to such firms, all group members will have a free license to them.

  • PR Newswire18 days ago

    Cathay Pacific Takes Customer Experiences to New Heights with Red Hat's Hybrid Cloud Technologies

    SINGAPORE, May 10, 2018 /PRNewswire/ -- Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that Cathay Pacific, a leading international airline, is using Red Hat solutions and services to transform its legacy infrastructure into a modern hybrid cloud architecture. Using Red Hat OpenStack Platform and Red Hat OpenShift Container Platform, Cathay Pacific created a more efficient and scalable platform for developing and delivering new services, enabling the company to ultimately create a better overall experience for their customers. Based in Hong Kong, Cathay Pacific is an international airline offering passenger and cargo services to 200 destinations in 52 countries and territories worldwide.

  • Business Wire18 days ago

    Red Hat Collaborates with the Massachusetts Open Cloud and Leading Children’s Hospital to Help Shape the Future of Medical Image Processing

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced a collaboration with Boston Children’s Hospital to deploy the ChRIS Research Integration Service, a web-based medical image platform developed using Red Hat technologies, on the Massachusetts Open Cloud (MOC). Running on Red Hat OpenStack Platform, OpenShift also allows for the flexibility to use cloud-native application frameworks and runtimes across the MOC.

  • Business Wire18 days ago

    Red Hat Collaborates with UNICEF Innovation to Accelerate ‘Big Data’ for Social Good

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced its collaboration with UNICEF Innovation - the group tasked with identifying, prototyping and scaling technologies and practices that strengthen UNICEF’s work for children. During the eight-week residency with Red Hat Open Innovation Labs, teams worked together to improve the usability of the School Mapping Project tool to support humanitarian research in real-time. The collaboration focused on advancing the School Mapping Project, including enhancements to Magicbox, a software platform that uses real-time data from both public sources and private sector partners to inform life-saving humanitarian responses to emergency situations.

  • IBM and Red Hat Join Forces to Accelerate Hybrid Cloud Adoption
    Business Wire19 days ago

    IBM and Red Hat Join Forces to Accelerate Hybrid Cloud Adoption

    IBM (IBM) and Red Hat Inc. (RHT) today announced a major expansion to their long-standing relationship, which will enable IBM and Red Hat customers to benefit from the combined power of both companies’ technologies in private and public clouds. Container technologies are fast becoming a safe and reliable way to move applications across multiple IT footprints, from existing data centers to the public cloud and vice versa. Going hand-in-hand with IBM’s shift to containerized software, is Red Hat’s expansive portfolio of enterprise-grade, cloud-native, and hybrid cloud infrastructure solutions, which, when combined, provide a clear pathway for enterprises to adopt hybrid cloud computing.

  • Business Wire19 days ago

    Red Hat Drives Hybrid Cloud-Native Services with CoreOS, Red Hat OpenShift Integration

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced the first steps for integrating CoreOS Tectonic, Quay, and Container Linux with Red Hat’s robust container and Kubernetes-based solutions portfolio. Container application platforms like Red Hat OpenShift Container Platform already provide CIOs with a powerful, open standards-based solution to fuel digital transformation efforts, helping enterprises more quickly adopt emerging technologies like Linux containers and Kubernetes without sacrificing existing applications or IT investments. CoreOS’ technologies advance the comprehensive nature of Red Hat’s container infrastructure offerings, providing a clear roadmap for the digital enterprise while simultaneously making hybrid cloud environments an excellent choice deploying both modern and traditional applications.

  • Business Wire19 days ago

    Red Hat Brings Cloud-Native Capabilities to Software Partner Ecosystem with Kubernetes Operators

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today introduced Kubernetes Operators to the Red Hat OpenShift ecosystem, providing a simplified path for software partners to ultimately deliver tested and validated Kubernetes applications on the industry’s most comprehensive enterprise Kubernetes platform. Developed with the Operator Framework open source toolkit, an Operator helps to remove the barriers to building complex, stateful applications for Kubernetes, resulting in services designed to “just work” across any cloud where Kubernetes runs.

  • Microsoft and Red Hat now offer a jointly managed OpenShift service on Azure
    TechCrunch19 days ago

    Microsoft and Red Hat now offer a jointly managed OpenShift service on Azure

    Microsoft and Red Hat are deepening their existing alliance around cloud

  • Business Wire19 days ago

    Red Hat and Microsoft Co-Develop the First Red Hat OpenShift Jointly Managed Service on a Public Cloud

    Microsoft Corp. (Nasdaq “MSFT”) and Red Hat Inc. (RHT) today expanded their alliance to empower enterprise developers to run container-based applications across Microsoft Azure and on-premises. With this collaboration, the companies will introduce the first jointly managed OpenShift offering in the public cloud, combining the power of Red Hat OpenShift, the industry’s most comprehensive enterprise Kubernetes platform, and Azure, Microsoft’s public cloud.

  • Business Wire19 days ago

    Red Hat Announces 2018 Women in Open Source Award Winners

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced Dana Lewis, founder of the Open Artificial Pancreas System (OpenAPS) movement, and Zui Dighe, a Duke University student, as the 2018 Women in Open Source Award winners. Both will be recognized today at Red Hat Summit, which is taking place in San Francisco this week. In its fourth year, the Women in Open Source Awards were created and sponsored by Red Hat to honor women who make important contributions to open source projects and communities, or those making innovative use of open source methodology.

  • Business Wire19 days ago

    Neha Sandhu Named Red Hat’s 2018 Certified Professional of the Year

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that Neha Sandhu, senior support engineer at Spark New Zealand, has been named the 2018 Red Hat Certified Professional of the Year. The annual award honors a Red Hat Certified Professional (RHCP) who demonstrates ingenuity, hard work and expertise, and will be presented to Sandhu at Red Hat Summit 2018, currently taking place in San Francisco. Sandhu is both a Red Hat Certified Systems Administrator (RHCSA) and a Red Hat Certified Engineer (RHCE).

  • TheStreet.com20 days ago

    A Tip of the Cap to the Bullish Red Hat

    RHT has not yet reached our $175 price target but is certainly is closer. In this daily bar chart, below, we can see that prices are above the rising 50-day simple moving average line as well as the bullish 200-day line. The On-Balance-Volume (OBV) line has been steadily rising the past 12 months telling us that buyers of RHT have been more aggressive.

  • Business Wire20 days ago

    Red Hat Appoints Alfred W. Zollar to Its Board of Directors

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that Alfred (“Al”) W. Zollar has been appointed to Red Hat’s board of directors. Zollar has served as an executive partner at Siris Capital Group, LLC, a private equity firm, since February 2014. Zollar began his career at IBM in 1977.

  • Arista, Red Hat, ServiceNow, Nutanix Strut Out The Goods For Analysts
    Investor's Business Daily20 days ago

    Arista, Red Hat, ServiceNow, Nutanix Strut Out The Goods For Analysts

    Look for Arista Networks, Red Hat and ServiceNow to host analyst days this week while Nutanix holds its annual user conference.