| Over a month ago |
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Conference/Events
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Security and… Security and Infrastructure Software Analyst Powell holds a virtual meeting with management on May 16 hosted by BTIG. ShowHide Related Items >><< - 05/11/22
- ForgeRock introduces ForgeRock Autonomous Access
- 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- 05/12/22 Deutsche Bank
- ForgeRock price target lowered to $15 from $16 at Deutsche Bank
- 05/12/22 Mizuho
- ForgeRock price target lowered to $24 from $32 at Mizuho
- 05/10/22 Truist
- ForgeRock price target lowered to $25 from $30 at Truist
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 05/11/22
- ForgeRock cuts FY22 EPS view to (45c)-(41c) from (38c)-(34c), consensus (36c)
- 05/11/22
- ForgeRock sees Q2 adjusted EPS (23c)-(21c), consensus (12c)
- 05/11/22
- ForgeRock reports Q1 adjusted EPS (12c), consensus (16c)
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
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Recommendations
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Deutsche Bank analyst… Deutsche Bank analyst Patrick Colville lowered the firm's price target on ForgeRock to $15 from $16 and keeps a Hold rating on the shares post the Q1 results. The analyst thinks investors may be disappointed that ForgeRock is lifting its fiscal 2022 annul recurring revenue guide by less than the magnitude of the Q1 beat. ShowHide Related Items >><< - $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock introduces ForgeRock Autonomous Access
- 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- $14.26 /
-1.855 (-11.51%) - 05/12/22 Mizuho
- ForgeRock price target lowered to $24 from $32 at Mizuho
- 05/10/22 Truist
- ForgeRock price target lowered to $25 from $30 at Truist
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock cuts FY22 EPS view to (45c)-(41c) from (38c)-(34c), consensus (36c)
- 05/11/22
- ForgeRock sees Q2 adjusted EPS (23c)-(21c), consensus (12c)
- 05/11/22
- ForgeRock reports Q1 adjusted EPS (12c), consensus (16c)
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
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Recommendations
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Mizuho analyst Gregg… Mizuho analyst Gregg Moskowitz lowered the firm's price target on ForgeRock to $24 from $32 and keeps a Buy rating on the shares. The company reported another good quarter, led by annual recurring revenue growth of 35% year-over-year that beat Mizuho's 31% growth forecast, Moskowitz tells investors in a research note. He cites the material recent decline in comp multiples for the target drop. ShowHide Related Items >><< - $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock introduces ForgeRock Autonomous Access
- 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- $14.26 /
-1.855 (-11.51%) - 05/10/22 Truist
- ForgeRock price target lowered to $25 from $30 at Truist
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 03/02/22 Cowen
- ForgeRock price target lowered to $38 from $45 at Cowen
- $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock cuts FY22 EPS view to (45c)-(41c) from (38c)-(34c), consensus (36c)
- 05/11/22
- ForgeRock sees Q2 adjusted EPS (23c)-(21c), consensus (12c)
- 05/11/22
- ForgeRock reports Q1 adjusted EPS (12c), consensus (16c)
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
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Earnings
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Backs FY22 revenue view… Backs FY22 revenue view $212M-$215M, consensus $213.92M. ShowHide Related Items >><< - $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock introduces ForgeRock Autonomous Access
- 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- $14.26 /
-1.855 (-11.51%) - 05/10/22 Truist
- ForgeRock price target lowered to $25 from $30 at Truist
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 03/02/22 Cowen
- ForgeRock price target lowered to $38 from $45 at Cowen
- $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock sees Q2 adjusted EPS (23c)-(21c), consensus (12c)
- 05/11/22
- ForgeRock reports Q1 adjusted EPS (12c), consensus (16c)
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
- 03/01/22
- ForgeRock sees Q1 EPS (18c)-(16c), consensus (10c)
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Earnings
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Sees Q2 revenue… Sees Q2 revenue $46.5M-$47.5M, consensus $48.71M. ShowHide Related Items >><< - $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock introduces ForgeRock Autonomous Access
- 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- $14.26 /
-1.855 (-11.51%) - 05/10/22 Truist
- ForgeRock price target lowered to $25 from $30 at Truist
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 03/02/22 Cowen
- ForgeRock price target lowered to $38 from $45 at Cowen
- $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock reports Q1 adjusted EPS (12c), consensus (16c)
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
- 03/01/22
- ForgeRock sees Q1 EPS (18c)-(16c), consensus (10c)
- 03/01/22
- ForgeRock reports Q4 adjusted EPS (10c), consensus (12c)
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Earnings
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Reports Q1 revenue… Reports Q1 revenue $48.1M, consensus $46.64M. "We had a fantastic start to 2022, once again achieving the higher bar we set for ourselves by delivering 35% ARR growth year-over-year for the second consecutive quarter," said Fran Rosch, CEO of ForgeRock. "We continue to see strong demand across our portfolio and the increasing SaaS adoption underscores ForgeRock's cloud leadership. We are building the identity platform for the next decade by infusing artificial intelligence into the entire identity lifecycle. ForgeRock is the first company to take this step and today's introduction of our AI-driven Autonomous Access solution is a major advancement towards helping organizations prevent cyberattacks and fraud." ShowHide Related Items >><< - $14.26 /
-1.855 (-11.51%) - 05/11/22
- ForgeRock introduces ForgeRock Autonomous Access
- 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- $14.26 /
-1.855 (-11.51%) - 05/10/22 Truist
- ForgeRock price target lowered to $25 from $30 at Truist
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 03/02/22 Cowen
- ForgeRock price target lowered to $38 from $45 at Cowen
- $14.26 /
-1.855 (-11.51%) - 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
- 03/01/22
- ForgeRock sees Q1 EPS (18c)-(16c), consensus (10c)
- 03/01/22
- ForgeRock reports Q4 adjusted EPS (10c), consensus (12c)
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Hot Stocks
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ForgeRock introduced… ForgeRock introduced ForgeRock Autonomous Access, a new solution that uses artificial intelligence to prevent identity-based cyber attacks and fraud. The new solution monitors login requests in real-time to block malicious attempts, adds authentication steps for anomalous behaviors, and streamlines access for known users. ShowHide Related Items >><< - 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- 11/17/21
- ForgeRock announces partial early lock-up release
- 05/10/22 Truist
- ForgeRock price target lowered to $25 from $30 at Truist
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 03/02/22 Cowen
- ForgeRock price target lowered to $38 from $45 at Cowen
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
- 03/01/22
- ForgeRock sees Q1 EPS (18c)-(16c), consensus (10c)
- 03/01/22
- ForgeRock reports Q4 adjusted EPS (10c), consensus (12c)
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Recommendations
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Truist analyst Joel… Truist analyst Joel Fishbein lowered the firm's price target on ForgeRock to $25 from $30 and keeps a Buy rating on the shares as part of a broader research note on valuations in Software space. While he continues to believe that enterprise software fundamental drivers will prove resilient despite the potential macro deterioration around rate hikes, geopolitical events, and recession fears, he also notes the "moderately increased probability" of downside risk for the group, the analyst tells investors in a research note. ShowHide Related Items >><< - 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- 11/17/21
- ForgeRock announces partial early lock-up release
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 03/02/22 Cowen
- ForgeRock price target lowered to $38 from $45 at Cowen
- 03/02/22 Deutsche Bank
- ForgeRock price target raised to $16 from $14 at Deutsche Bank
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
- 03/01/22
- ForgeRock sees Q1 EPS (18c)-(16c), consensus (10c)
- 03/01/22
- ForgeRock reports Q4 adjusted EPS (10c), consensus (12c)
- 11/10/21
- ForgeRock sees FY21 EPS (96c) to (94c), consensus ($1.09)
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Conference/Events
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Security and… Security and Infrastructure Software Analyst Powell holds a virtual meeting with management on May 16 hosted by BTIG. ShowHide Related Items >><< - 03/02/22
- ForgeRock falls -10.0%
- 12/22/21
- ForgeRock rises 13.1%
- 12/20/21
- ForgeRock falls -14.5%
- 11/17/21
- ForgeRock announces partial early lock-up release
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 04/04/22 KeyBanc
- ForgeRock initiated with a Sector Weight at KeyBanc
- 03/02/22 Cowen
- ForgeRock price target lowered to $38 from $45 at Cowen
- 03/02/22 Deutsche Bank
- ForgeRock price target raised to $16 from $14 at Deutsche Bank
- 03/01/22
- ForgeRock sees FY22 EPS (38c)-(34c), consensus (31c)
- 03/01/22
- ForgeRock sees Q1 EPS (18c)-(16c), consensus (10c)
- 03/01/22
- ForgeRock reports Q4 adjusted EPS (10c), consensus (12c)
- 11/10/21
- ForgeRock sees FY21 EPS (96c) to (94c), consensus ($1.09)
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