33.56 +0.16 (0.47%)
After hours: 4:11PM EST
|Bid||33.05 x 1400|
|Ask||33.35 x 800|
|Day's Range||33.16 - 34.80|
|52 Week Range||31.14 - 53.09|
|Beta (5Y Monthly)||-0.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 05, 2020 - May 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||51.20|
REDWOOD CITY, Calif., Feb. 18, 2020 -- Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced that its management team will be.
Record quarterly revenue of $66.9 millionCloud ARR of $53.9 million, up 179% year over year REDWOOD CITY, Calif., Feb. 13, 2020 -- Talend (NASDAQ: TLND), a global leader in.
Investment bank Needham has done investors a solid favor, making it easier to sort out the nuggets from the pebbles. For background, the S&P 500 is back to record levels, after volatile trading in recent weeks. A combination of factors, including President Trump’s Senate acquittal, an excellent January jobs report, and the constant leak of medical news from China giving a window to the Coronavirus epidemic, have all buffeted the markets. But it looks now like investors are back to the optimism, driving the exchanges to record after record.Of course, not every stock rises steeply, even when the market as a whole does, and that’s where Needham’s recent spate of stock reports comes in. The firm employs a cadre of top analysts who monitor the markets and crunch the numbers, following stocks to see which will lead the gains.This week, three 5-star analysts have published their notes on three small- to mid-cap companies in the software tech sector. We’ve pulled the reports and looked at the stocks through the lens of the Stock Comparison tool, to find out what makes them special. Let's dive in.Talend SA (TLND)We’ll start with Talend, a company offering an open-source integration and synchronization software packages. The company’s products are designed to make owning open source systems easy. Talend’s software packages solve common problems of cost, development, and learning involved in commercial use of open platforms.Talend most recent quarterly report showed rising results. The company has been trimming its net loss, and reported a loss of 8 cents against the 23-cent loss forecast. It was an impressive 15-cent beat, or 65%. The revenue beat was more modest, but the $62.6 million reported was a 20% year-over-year gain.Looking forward, TLND has guided revenue higher than the consensus estimates, with company management predicting $66.5 to $67 million in total sales for the quarter. The company will report Q4 2019 earnings today after trading hours; the release is scheduled for midnight, so investors will have wait until Friday to see how the numbers hold up.5-star Needham analyst Jack Andrews believes the Q4 news will be good, in line with the best-case possibilities. In his note on the stocks, he writes, “There are 5 reasons why we are positive: 1) Pending disclosures on the cloud business should provide visibility and improve sentiment; 2) Migrations from on-premise to the cloud should result in upsell opportunities; 3) Leverage to rapid growth of cloud data warehouses; 4) FX headwinds should abate; and 5) Discounted valuation creates a favorable risk/reward setup.”Andrews buttresses his Buy rating on TLND with a $65 price target, indicating confidence in a 72% upside potential. (To watch Andrews’ track record, click here)Overall, Wall Street appears to agree with Andrews on this one. TLND shares have 4 recent Buy reviews, making for a unanimous Strong Buy consensus rating. Shares are priced at $37.87, and the average price target, $61, suggests a strong upside of 61%. (See Talend stock analysis on TipRanks)Varonis Systems (VRNS)Second on our list is Varonis Systems, a data security software company. Varonis’ products are data management systems, for managing, organizing, and protecting unstructured and semi-structured data environments. Business data, including documents, media files, presentations, and spreadsheets are all targeted by Varonis’ data security solutions.A quick measure of the company’s success is the share appreciation -- over the past 12 months, VRNS shares have gained 46%.Earlier this week, VRNS reported Q4 2019 earnings, and the results were in line with expectations. The company frequently operates a net loss, common among cutting edge tech start-ups, but the loss of 9 cents per share compared favorably to the 10 cents expected. Revenues were down year-over-year, but at $72.56 million the top line also beat the quarterly forecast. It was the third quarter of the last four that VRNS has exceeded expectations on quarterly results.5-star Alex Henderson, who reviewed this company for Needham, sees Varonis staking out a clear, and profitable, niche in data security, He wrote, after the Q4 release, “Varonis called out data growth, cloud growth, and privacy legislation as key drivers for data protection and security, We think laws like GDPR and CCPA continue to drive interest in Varonis, and while these customers are originally motivated by the ability to classify protected data, they are adding to the upsell pipeline as they see value in other Varonis solutions.”Supporting his Buy thesis, Henderson gave the stock a $115 price target, implying room for 25% upside growth. (To watch Henderson’s track record, click here)Overall, Varonis’ Strong Buy analyst consensus rating is based on 10 reviews, including 9 Buys against a single Hold. All nine of those Buy-side analysts published their ratings on the stock in the wake of the Q4 earnings report. The average price target, $102, suggest an upside of 10% compared to the $92.59 current share price. This is a bit more conservative compared to Henderson’s bullish target above. (See Varonis stock analysis at TipRanks)Chegg, Inc. (CHGG)Last on our list today is Chegg, an interesting twist on the educational software niche. Chegg provides online rental for textbooks, as well as flash cards, study guides, writing guides, and online tutors. The company is aggressive about expanding through acquisition, and in the last two years purchased two competitors: WriteLab was acquired for $15 million and Thinkful was bought for $80 million.Since mid-2018, Chegg has consistently beaten analyst forecasts on earnings, and CHGG shares gained 29%, matching the S&P 500, over the past 12 months. The company’s Q4 earnings, just released, chalked up another win in that record.For Q4 2019, CHGG reported a 35-cent EPS, 17% above the estimate, and top-line revenues of $125.5 million. The revenue beat was only 1.9%, but it did gain 34% year-over-year – an impressive performance.Needham’s Ryan MacDonald, a 5-star analyst, gave Chegg a $53 price target and a Buy rating, based on the company’s steady gains. His target suggests an upside of 33% for the stock.In his comments on CHGG, MacDonald writes of the forward prospects, “[We] are increasingly optimistic regarding the multiple initiatives to sustain heightened levels of subscriber growth. This includes a larger than expected opportunity internationally, continued strength in domestic demand, and a contribution from Thinkful.” (To watch MacDonald’s track record, click here)The analyst consensus on Chegg shares, another Strong Buy, is based on 6 reviews, which include 5 Buys against a single Hold. The share price is $40, while the average price target of $46.71 indicates room for 17% upside. MacDonald, quoted above, takes a more bullish stand here. (See Chegg’s stock analysis at TipRanks)
It might be of some concern to shareholders to see the Talend S.A. (NASDAQ:TLND) share price down 12% in the last...
Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced significant achievements in cloud security and compliance for enterprise environments by qualifying as a business associate under the Health Insurance Portability and Accountability Act (HIPAA) and through its certification under the of EU-U.S. Privacy Shield.
Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced the winners of its Talend Partner of the Year Awards. This recognition celebrates partners that demonstrate innovation in cloud and big data services and technologies and helping joint customers be more agile, effective, and data-driven. Award winners were revealed in a ceremony during the company's annual sales kickoff conference, Talend Engage, which took place this year in New Orleans.
Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced it has named Anne Hardy its chief information security officer (CISO). Anne will be responsible for Talend’s security strategy, managing security threats and vulnerabilities across Talend people, technologies and processes, and ensuring compliance with relevant security and privacy laws.
Talend (TLND), a global leader in cloud data integration and data integrity, today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2019, after market close on February 13, 2020. The company will host a conference call and live webcast for analysts and investors at 4:30 p.m. Eastern time on that day. The news release with the financial results will be accessible from the company's website prior to the conference call.
The tech sector is a powerful engine in today’s economy, driving jobs and innovation, profits and returns. And it’s no wonder why – tech is the key to the modern world, changing our lives and informing all that we do. Yes, the economy still runs on oil and coal, but digital technology has impacted all of us, whether we work in factories or offices or watch the kids at home.All of these factors make software companies a natural place for investors to look when they seek stocks with high return potential. If high tech is the key to modern life, then software is the key to high tech. Software companies create the code and programs that let us maneuver in the digital world, from messenger apps to word processing and facial recognition.Investment banking firm Needham recently released a report, outlining its software picks from the firm’s analysts. Collectively, Needham’s analysts have a 61% success rate on their stock recommendations according to TipRanks – so we’ve looked into their report to find three stocks that appear particularly compelling.Our first step was to run those tickers through TipRanks’ Stock Comparison tool, a powerful set of filters that allow prospective investors to locate stocks and view their vital stats side by side. Here are the results: We can see that each pick shows a variety of strengths and weaknesses. Let’s take a closer look and find out what Needham’s analysts have to say.Crowdstrike Holdings, Inc. (CRWD)Cybersecurity has emerged as a growing niche in the digital economy. From online banking to personal emails, we all have a clear interest in keeping our online activities safe – and private. Crowdstrike works in this niche. The Silicon Valley company provides threat intelligence, endpoint security, and cyberattack response services for online clients.In its most recent earnings release, for fiscal Q3 2020, reported last month, the company posted better than expected results. Like many new tech companies, Crowdstrike is operating at a net loss – but that net loss was only 7 cents per share rather than the forecasted 11 cents. Quarterly revenue came in at $125.1 million, 5.3% better than expected.Investor sentiment on this stock has been resoundingly positive. Based on a sample of over 45,000 portfolios, individual investors have been adding CRWD shares in both the last 7 and the last 30 days. Additionally, financial bloggers are bullish, with CRWD receiving favorable coverage 76% of the time, compared to 61% on average in the tech sector.Needham’s Alex Henderson makes Crowdstrike his ‘Single Best Idea’ in cybersecurity for the coming year, and adds it to his firm’s Conviction List. He writes, “Crowd has the right technology to improve security for either legacy perimeter defense-built security postures or for emerging, superior, zero-trust, cloud-direct security. From an externality perspective we see a surprisingly low risk environment for CrowdStrike. While legacy players are falling away, opening major share opportunities for Crowd, we focus more on Crowd's ability to execute.”Henderson gives the stock a $92 price target, suggesting a 45% upside growth potential, and a Buy rating. (To watch Henderson’s track record, click here)Overall, CRWD shares get a Moderate Buy from the analyst consensus, based on 7 Buy ratings and 6 Holds. The stock sells for $63.45, and the average price target of $72.58 implies upside potential of 14%. (See Crowdstrike price targets and analyst ratings on TipRanks) Medallia, Inc. (MDLA)Number two on our list today is Medallia, a cloud-based SaaS customer experience management company from San Francisco. Medallia has a global reach, with offices in New York, Washington DC, London, Paris, Buenos Aires, Tel Aviv, and Sydney. The company’s products meet B2B needs in the high-tech, hospitality, financial services, and retail sectors.Like Crowdstrike, Medallia inhabits a profitable niche. The company’s quarterly revenues and earnings, reported in December, were ahead of the estimates. Revenues beat by 7% and came in at $103.1 million; EPS was a net loss, but only 1 cent per share against the 3 cents prediction.Scott Berg, 5-star analyst, added MDLA to Needham’s Conviction List, and calls the stock his top pick for 2020. He says in his comments, “A fast-growing end market, ramping sales investments, and an expanded GTM strategy taking hold are the key factors behind our thesis. With proper execution from a still-new management team, we believe MDLA will exit CY20 with accelerating revenue growth and cross the profitability chasm; these tend to be characteristics of stocks that outperform in our universe.”Berg put a Buy rating on the stock and gave it a $45 price target, implying 42% upside potential from current trading levels. (To watch Berg’s track record, click here)Medallia has 4 recent reviews, 3 Buys and 1 Hold, giving the stock an analyst consensus view of Strong Buy. The $44.25 average price target suggests an upside potential of 39% from the current share price of $31.77. (See Medallia stock analysis on TipRanks) Talend SA (TLND)The cloud and software-as-a-service subscription products have made waves in the software tech industry, but proprietary systems are only one path to profit. Open source software and integration systems are related niches ripe for exploitation. Talend SA develops data integration software to ease the process of owning open source platforms. The company’s customers use the products to simplify development, learning, and cost of ownership involved in using open platforms.Like the stocks above, Talend has been delivering rising quarterly results. While running at a net loss, it is trimming that loss – in Q3 2019, the company beat the EPS expectation by 15 cents – reporting a loss of 8 cents against the consensus estimate of 23 cents. Revenues showed a modest beat, landing at $62.6 million – but that number was an impressive 20% gain year-over-year.This stock was reviewed for Needham by Jack Andrews, a 5-star analyst ranked in the top 3% of the TipRanks database. Andrews was impressed with the company’s “strong secular tailwinds,” and made it his Top Pick for the coming year. He wrote, “There are 5 reasons why we are positive: 1) Pending disclosures on the cloud business should provide visibility and improve sentiment; 2) Migrations from on-premise to the cloud should result in upsell opportunities; 3) Leverage to rapid growth of cloud data warehouses; 4) FX headwinds should abate; and 5) Discounted valuation creates a favorable risk/reward setup.”Andrews backs his Buy rating with a $65 price target, indicating his confidence in an eye-opening 63% upside potential. (To watch Andrews’ track record, click here)Talend’s two most recent reviews are Buys, giving the stock a Moderate Buy consensus rating. Shares show a very high upside potential – the current price is $39.80, while the average price target of $60.50 suggests that there’s room for 52% growth in the next 12 months. (See Talend stock analysis on TipRanks)
Meet the three former executives from SAP Concur heading over to the C-suite at Redwood City-based Talend.
Talend CEO Mike Tuchen is stepping down effectively immediately. He will be replaced by Christal Bemont, an executive at SAP Concur.
Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced it has appointed Christal Bemont, former chief revenue officer at SAP Concur, as its chief executive officer and director on the Talend Board of Directors. Mike Tuchen, who led Talend through a successful transformation over the last 6 years from a $50M startup to a $250M publicly-held company, is stepping down as CEO, effective immediately, and will remain on the Board of Directors. The company also announced today that it has appointed Ann-Christel Graham as chief revenue officer and Jamie Kiser as chief customer officer.
Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced that it has appointed Elizabeth Fetter to its board of directors. As a former CEO for several technology companies and an active corporate director, Ms. Fetter brings strong leadership and exceptional governance and strategic expertise that will help guide Talend as it seeks to scale its cloud business globally. “Liz brings deep experience running and growing large technology companies and over 20 years of board experience to Talend,” said Steve Singh, Chairman of the Board of Talend.
We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained more than 57% each. Hedge funds' top 3 stock picks returned 44.6% this year and beat the S&P 500 […]
Former Talend and Snowflake CFO Thomas Tuchscherer tells why he joined fast-growing Palo Alto corporate travel unicorn TripActions.
Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced the European winners of its annual awards program, the Talend Data Masters. The awards celebrate companies that demonstrate vision and leadership in deploying Talend Data Fabric in compelling ways to help make their businesses more agile, effective, and data-driven. The four grand prize winners and eight winners—representing forward-thinking organizations of all sizes, across a range of industries—were revealed in a ceremony during the Talend Connect London and Talend Connect Paris user conferences.
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees in 2019 amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their […]
REDWOOD CITY, Calif., Dec. 04, 2019 -- Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, announced today that it has achieved the Amazon.
REDWOOD CITY, Calif., Dec. 04, 2019 -- Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, announced today, at the AWS re:Invent Global Partner.
REDWOOD CITY, Calif., Dec. 03, 2019 -- Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, today announced immediate availability of Talend.
REDWOOD CITY, Calif., Dec. 03, 2019 (GLOBE NEWSWIRE) -- 58% of surveyed businesses worldwide failed to address requests made from individuals seeking to obtain a copy of their personal data as required by GDPR (General Data Protection Regulation) within the one-month time limit set out in the regulation, reveals updated research from Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity. In September 2018, Talend released the results of its first GDPR research benchmark, which was aimed to assess the ability of organizations to achieve right to access and portability compliance with the European regulation. One year later, Talend surveyed a new population of companies, as well as the companies which reported a failure to comply in the first benchmark, in order to map improvement.
Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, announced today that Popken Fashion Group, an international, family-run fashion company specializing in plus-size fashion, uses Talend and expertise from QuinScape to optimize their omni-channel operational efficiency, increase revenue, and further improve internal processes. With brands such as Ulla Popken, GINA LAURA, Studio Untold, and JP1880, the company employs more than 3,600 employees in over 30 countries. Starting in 2017 with QuinScape, Popken decided to implement a data hub strategy that would enable it to connect systems and share information easily in an API environment.