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Cornerstone OnDemand files to sell 1.11M shares of common stock for holders  17:52
07/02/20
07/02
17:52
07/02/20
17:52
CSOD

Cornerstone OnDemand

$38.10 /

-0.87 (-2.23%)

 
ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$38.10 /

-0.87 (-2.23%)

CSOD Cornerstone OnDemand
$38.10 /

-0.87 (-2.23%)

06/29/20 Goldman Sachs
Cornerstone OnDemand price target raised to $46 from $37 at Goldman Sachs
05/20/20 DA Davidson
Cornerstone OnDemand price target raised to $45 from $40 at DA Davidson
05/12/20 Barclays
Cornerstone OnDemand results should be viewed positively, says Barclays
05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
CSOD Cornerstone OnDemand
$38.10 /

-0.87 (-2.23%)

CSOD Cornerstone OnDemand
$38.10 /

-0.87 (-2.23%)

Recommendations
Cornerstone OnDemand price target raised to $46 from $37 at Goldman Sachs » 07:28
06/29/20
06/29
07:28
06/29/20
07:28
CSOD

Cornerstone OnDemand

$38.12 /

-0.61 (-1.58%)

Goldman Sachs analyst…

Goldman Sachs analyst Christopher Merwin raised the firm's price target on Cornerstone OnDemand to $46 from $37 and keeps a Neutral rating on the shares. In light of the current interest rate environment, the analyst adjusted assumptions in the discounted cash flow component of his valuation methodology, which drives increased price targets across the software sector. The "resiliency" of the sector throughout COVID-19 underscores the "criticality" of many software categories as businesses adjust for more distributed workforces and therefore require modernized cloud systems, Merwin tells investors in a research note. With sector multiples at all-time highs, the analyst favors stocks where he sees "compelling relative value." Merwin's best ideas currently are ServiceNow (NOW), Splunk (SPLK), Alteryx (AYX) and HubSpot (HUBS).

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$38.12 /

-0.61 (-1.58%)

CSOD Cornerstone OnDemand
$38.12 /

-0.61 (-1.58%)

05/20/20 DA Davidson
Cornerstone OnDemand price target raised to $45 from $40 at DA Davidson
05/12/20 Barclays
Cornerstone OnDemand results should be viewed positively, says Barclays
05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
CSOD Cornerstone OnDemand
$38.12 /

-0.61 (-1.58%)

CSOD Cornerstone OnDemand
$38.12 /

-0.61 (-1.58%)

Over a month ago
Conference/Events
Cornerstone OnDemand management to meet virtually with Mizuho » 04:55
05/26/20
05/26
04:55
05/26/20
04:55
CSOD

Cornerstone OnDemand

$36.01 /

-0.11 (-0.30%)

Virtual Meeting to be…

Virtual Meeting to be held on May 26 hosted by Mizuho.

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$36.01 /

-0.11 (-0.30%)

CSOD Cornerstone OnDemand
$36.01 /

-0.11 (-0.30%)

05/20/20 DA Davidson
Cornerstone OnDemand price target raised to $45 from $40 at DA Davidson
05/12/20 Barclays
Cornerstone OnDemand results should be viewed positively, says Barclays
05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
CSOD Cornerstone OnDemand
$36.01 /

-0.11 (-0.30%)

CSOD Cornerstone OnDemand
$36.01 /

-0.11 (-0.30%)

Conference/Events
Cornerstone OnDemand management to meet virtually with Mizuho » 08:32
05/22/20
05/22
08:32
05/22/20
08:32
CSOD

Cornerstone OnDemand

$36.12 /

-0.22 (-0.61%)

Virtual Meeting to be…

Virtual Meeting to be held on May 26 hosted by Mizuho.

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$36.12 /

-0.22 (-0.61%)

CSOD Cornerstone OnDemand
$36.12 /

-0.22 (-0.61%)

05/20/20 DA Davidson
Cornerstone OnDemand price target raised to $45 from $40 at DA Davidson
05/12/20 Barclays
Cornerstone OnDemand results should be viewed positively, says Barclays
05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
CSOD Cornerstone OnDemand
$36.12 /

-0.22 (-0.61%)

CSOD Cornerstone OnDemand
$36.12 /

-0.22 (-0.61%)

Recommendations
Cornerstone OnDemand price target raised to $45 from $40 at DA Davidson » 08:24
05/20/20
05/20
08:24
05/20/20
08:24
CSOD

Cornerstone OnDemand

$35.93 /

-0.14 (-0.39%)

DA Davidson analyst Rishi…

DA Davidson analyst Rishi Jaluria raised the firm's price target on Cornerstone OnDemand to $45 from $40 and keeps a Buy rating on the shares. The company's incoming CEO Phil Saunder is expected to bring the needed "operational discipline", while the features of its products is superior to that of Saba, the analyst tells investors in a research note, citing his discussion with the company management in recent virtual investor meetings.

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$35.93 /

-0.14 (-0.39%)

CSOD Cornerstone OnDemand
$35.93 /

-0.14 (-0.39%)

05/12/20 Barclays
Cornerstone OnDemand results should be viewed positively, says Barclays
05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
03/19/20 JMP Securities
Cornerstone OnDemand price target lowered to $61 from $70 at JMP Securities
CSOD Cornerstone OnDemand
$35.93 /

-0.14 (-0.39%)

CSOD Cornerstone OnDemand
$35.93 /

-0.14 (-0.39%)

Hot Stocks
Elliott added Dropbox and Oracle during Q1, exited NortonLifeLock » 11:55
05/17/20
05/17
11:55
05/17/20
11:55
DBX

Dropbox

$22.38 /

+0.9 (+4.19%)

, ORCL

Oracle

$53.01 /

+0.09 (+0.17%)

, CTXS

Citrix

$146.61 /

+0.71 (+0.49%)

, QEP

QEP Resources

$0.74 /

+0.0452 (+6.52%)

, EGHT

8x8, Inc.

$15.33 /

+1.04 (+7.28%)

, CSOD

Cornerstone OnDemand

$34.69 /

+0.99 (+2.94%)

, NEWR

New Relic

$63.90 /

+5.68 (+9.76%)

, BA

Boeing

$119.93 /

-2.52 (-2.06%)

, SPR

Spirit AeroSystems

$18.31 /

+0.35 (+1.95%)

, SAP

SAP

$113.21 /

+0.12 (+0.11%)

, NLOK

NortonLifeLock

$20.02 /

-0.88 (-4.21%)

, VNO

Vornado

$35.30 /

+0.25 (+0.71%)

Paul Singer's…

Paul Singer's Elliott Management disclosed in an SEC filing Friday its holdings as of March 31, 2020. The firm added new positions in Dropbox (DBX), Oracle (ORCL), 8X8 Inc. (EGHT), Cornerstone OnDemand (CSOD), New Relic (NEWR) and Spirit Aerosystems (SPR) during the first three months of 2020. Elliott during the quarter also sold its positions in SAP (SAP), NortonLifeLock (NLOK) and Vornado Realty Trust (VNO).

ShowHide Related Items >><<
VNO Vornado
$35.30 /

+0.25 (+0.71%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

SAP SAP
$113.21 /

+0.12 (+0.11%)

QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

NEWR New Relic
$63.90 /

+5.68 (+9.76%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
ORCL Oracle
$53.01 /

+0.09 (+0.17%)

05/08/20 DA Davidson
SailPoint price target raised to $24 from $18 at DA Davidson
04/09/20 Jefferies
Oracle should use cash for deals over buybacks, says Jefferies
03/31/20 Exane BNP Paribas
Oracle upgraded to Outperform from Neutral at Exane BNP Paribas
03/20/20
Fly Intel: Top five analyst upgrades
CTXS Citrix
$146.61 /

+0.71 (+0.49%)

04/24/20 Wells Fargo
Citrix price target raised to $165 from $150 at Wells Fargo
04/24/20 Deutsche Bank
Citrix price target raised to $200 from $175 at Deutsche Bank
04/24/20 Morgan Stanley
Citrix price target raised to $165 from $160 at Morgan Stanley
04/24/20 RBC Capital
Citrix price target raised to $153 from $147 at RBC Capital
QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

04/07/20 Scotiabank
QEP Resources downgraded to Underperform from Sector Perform at Scotiabank
03/31/20 Piper Sandler
QEP Resources downgraded to Underweight from Neutral at Piper Sandler
03/20/20 Stephens
Stephens upgrades Hess, downgrades 11 others in E&P following oil's melt down
03/20/20 Stephens
QEP Resources downgraded to Equal Weight from Overweight at Stephens
EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

05/13/20 Northland
8x8, Inc. price target lowered to $23 from $29 at Northland
05/13/20 B. Riley FBR
8x8, Inc. price target lowered to $12 from $13 at B. Riley FBR
05/13/20 Baird
8x8, Inc. price target lowered to $23 from $29 at Baird
05/13/20 BTIG
8x8, Inc. price target raised to $23 from $20 at BTIG
CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

05/12/20 Barclays
Cornerstone OnDemand results should be viewed positively, says Barclays
05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
03/19/20 JMP Securities
Cornerstone OnDemand price target lowered to $61 from $70 at JMP Securities
NEWR New Relic
$63.90 /

+5.68 (+9.76%)

05/15/20 BMO Capital
New Relic price target raised to $70 from $53 at BMO Capital
05/15/20 Baird
New Relic price target raised to $75 from $58 at Baird
05/15/20 Needham
New Relic price target raised to $79 from $74 at Needham
05/15/20 Cowen
New Relic price target raised to $75 from $70 at Cowen
BA Boeing
$119.93 /

-2.52 (-2.06%)

05/05/20 Nord/LB
Boeing downgraded to Sell from Hold at Nord/LB
05/04/20 BofA
Embraer downgraded to Neutral from Buy at BofA
05/01/20 JPMorgan
Boeing price target raised to $158 from $130 at JPMorgan
04/30/20 Goldman Sachs
Goldman boosts Boeing price target to $209 on positive stabilization steps
SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

04/20/20 Citi
Citi downgrades Boeing to Neutral on 'collapsed' aerospace story
04/13/20 BofA
BofA downgrades Spirit AeroSystems to Underperform, slashes price target to $25
04/13/20 BofA
Spirit AeroSystems downgraded to Underperform from Neutral at BofA
03/11/20 Goldman Sachs
Spirit AeroSystems upgraded to Buy from Neutral at Goldman Sachs
SAP SAP
$113.21 /

+0.12 (+0.11%)

04/22/20 RBC Capital
SAP downgraded to Sector Perform from Outperform at RBC Capital
04/21/20 Jefferies
SAP 2020 guidance 'very soft,' 2023 ambition intact, says
04/13/20 BMO Capital
SAP price target lowered to $135 from $150 at BMO Capital
04/09/20 Deutsche Bank
SAP upgraded to Buy from Hold at Deutsche Bank
NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

05/15/20 Mizuho
NortonLifeLock price target raised to $23 from $21 at Mizuho
03/25/20 Morgan Stanley
Morgan Stanley still sees EPS growth path at NortonLifeLock, ups to Overweight
03/25/20 Morgan Stanley
NortonLifeLock upgraded to Overweight from Equal Weight at Morgan Stanley
02/07/20 Mizuho
NortonLifeLock price target raised to $21 from $19 at Mizuho
VNO Vornado
$35.30 /

+0.25 (+0.71%)

05/05/20 Stifel
Vornado downgraded to Sell from Hold at Stifel
04/08/20 BMO Capital
SL Green Realty downgraded to Market Perform from Outperform at BMO Capital
04/07/20 Citi
Vornado downgraded to Neutral from Buy at Citi
04/02/20 Goldman Sachs
Vornado downgraded to Sell from Neutral at Goldman Sachs
VNO Vornado
$35.30 /

+0.25 (+0.71%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

SAP SAP
$113.21 /

+0.12 (+0.11%)

QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

NEWR New Relic
$63.90 /

+5.68 (+9.76%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

SAP SAP
$113.21 /

+0.12 (+0.11%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

NEWR New Relic
$63.90 /

+5.68 (+9.76%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

VNO Vornado
$35.30 /

+0.25 (+0.71%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

Recommendations
Cornerstone OnDemand results should be viewed positively, says Barclays » 07:18
05/12/20
05/12
07:18
05/12/20
07:18
CSOD

Cornerstone OnDemand

$36.00 /

-0.82 (-2.23%)

Barclays analyst Raimo…

Barclays analyst Raimo Lenschow raised the firm's price target on Cornerstone OnDemand to $42 from $40 and keeps an Overweight rating on the shares. The analyst believes last night's Q1 results as a whole should be seen positively. Q1 billings missed expectations, but this is not unexpected given the current environment, and the more important news is the change of CEO, Lenschow tells investors in a research note. Cornerstone over the past few years had a "very spotty execution track record and there were major questions around how the old team would now execute on one of the more complex deals, especially given the current environment," says the analyst. He believes the change in leadership "at least creates the hope and opportunity to create a best-of-bread leader in the talent HR market." Cornerstone represents an opportunity for long-term investors that will eventually see top-line and bottom-line synergies play out, contends Lenschow.

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
03/19/20 JMP Securities
Cornerstone OnDemand price target lowered to $61 from $70 at JMP Securities
03/17/20 RBC Capital
Cornerstone OnDemand price target lowered to $33 from $50 at RBC Capital
CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

Recommendations
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital » 06:40
05/12/20
05/12
06:40
05/12/20
06:40
CSOD

Cornerstone OnDemand

$36.00 /

-0.82 (-2.23%)

RBC Capital analyst Alex…

RBC Capital analyst Alex Zukin raised the firm's price target on Cornerstone OnDemand to $37 from $33 and keeps a Sector Perform rating on the shares. The analyst notes the company's Q1 results were "mixed" with revenue and margins topping consensus while billings and free cash flows underperformed due to the pandemic. Zukin further cites the management's confidence in generating cash even under the absolute worst case scenario of no new ARR between Q2 of 2020 and Q4 of 2021.

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
03/19/20 JMP Securities
Cornerstone OnDemand price target lowered to $61 from $70 at JMP Securities
03/17/20 RBC Capital
Cornerstone OnDemand price target lowered to $33 from $50 at RBC Capital
02/25/20 DA Davidson
Cornerstone OnDemand price target lowered to $64 from $70 at DA Davidson
CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

Hot Stocks
Cornerstone OnDemand names Phil Saunders next CEO » 16:27
05/11/20
05/11
16:27
05/11/20
16:27
CSOD

Cornerstone OnDemand

$36.00 /

-0.82 (-2.23%)

Cornerstone OnDemand…

Cornerstone OnDemand announced that after 20 years as founder and Chief Executive Officer of Cornerstone, Adam Miller will become co-chair of the Cornerstone Board of Directors. The board has appointed Phil Saunders, the former CEO of Saba Software, to serve as Cornerstone's new CEO effective June 15, 2020. "I founded Cornerstone with a mission to help educate the world, and we have never wavered from that goal," said Adam Miller. "Cornerstone has brought learning to millions of people around the globe and has become one of the world's largest cloud computing companies in the process. I am proud of all that we have accomplished, and after two decades, I am excited to commit more fully to my passion for social entrepreneurship and public service. I'm confident that Phil is the right leader to continue building on our mission and to help our clients prepare for the new world of work. As co-chair with Elisa Steele, I will continue to help with Cornerstone's innovation into the future as we work to empower nearly 100 million people around the world."

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
03/19/20 JMP Securities
Cornerstone OnDemand price target lowered to $61 from $70 at JMP Securities
03/17/20 RBC Capital
Cornerstone OnDemand price target lowered to $33 from $50 at RBC Capital
02/25/20 DA Davidson
Cornerstone OnDemand price target lowered to $64 from $70 at DA Davidson
Earnings
Cornerstone OnDemand reports Q1 adjusted EPS 23c, consensus 24c » 16:16
05/11/20
05/11
16:16
05/11/20
16:16
CSOD

Cornerstone OnDemand

$36.00 /

-0.82 (-2.23%)

Reports Q1 revenue…

Reports Q1 revenue $150.1M, consensus $147.66M. "Our combination with Saba is a significant milestone for Cornerstone and, more importantly, for our expanded community of clients around the world. With our shared passion for people development and our combined depth of expertise, we expect to accelerate product innovation and help tens of millions of people develop new skills to navigate the future," said Adam Miller, founder and Chief Executive Officer of Cornerstone. "Although we are definitely not immune to the impact of COVID-19, we believe that our combined scale with approximately 7,000 customers and over 75 million users, along with the significant cash flow generation capabilities that our synergistic model provides, will enable us to drive meaningful shareholder value over time."

ShowHide Related Items >><<
CSOD Cornerstone OnDemand
$36.00 /

-0.82 (-2.23%)

04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
03/19/20 JMP Securities
Cornerstone OnDemand price target lowered to $61 from $70 at JMP Securities
03/17/20 RBC Capital
Cornerstone OnDemand price target lowered to $33 from $50 at RBC Capital
02/25/20 DA Davidson
Cornerstone OnDemand price target lowered to $64 from $70 at DA Davidson

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