Breaking News

Tuesday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Informatica reports Q3 subscription ARR up 36% y/y » 08:10
11/30/21
11/30
08:10
11/30/21
08:10
INFA

Informatica

$34.48 /

+1.58 (+4.80%)

"We continued our…

"We continued our strong global momentum in the third quarter with subscription ARR growing 36% year-over-year to $736 million, validating our success and expansion as a cloud-first, subscription-led data management leader. Cloud ARR increased by 44% year-over-year to $287 million, a testament to our competitive differentiation and the power of Informatica's Intelligent Data Management Cloud platform to drive meaningful return on investment for our customers and strategic partners," said Amit Walia, CEO at Informatica. "Looking ahead, our priority is to continue to drive growth and product-led innovation, which will allow us to maintain our clear leadership position in a large and growing market."

ShowHide Related Items >><<
INFA Informatica
$34.48 /

+1.58 (+4.80%)

INFA Informatica
$34.48 /

+1.58 (+4.80%)

11/23/21 Citi
Informatica initiated with a Neutral at Citi
11/22/21 UBS
Informatica initiated with a Buy at UBS
11/22/21 BofA
Informatica initiated with a Buy at BofA
11/22/21 Wells Fargo
Wells Fargo bullish on Informatica, initiates with an Overweight
INFA Informatica
$34.48 /

+1.58 (+4.80%)

  • 27
    Oct
INFA Informatica
$34.48 /

+1.58 (+4.80%)

Earnings
Informatica sees FY21 revenue $1.43B-$1.435B, consensus $1.43B » 08:06
11/30/21
11/30
08:06
11/30/21
08:06
INFA

Informatica

$34.48 /

+1.58 (+4.80%)

Sees FY21: Subscription…

Sees FY21: Subscription ARR in the range of $795.5 million to $800.5 million, representing approximately 31% year-over-year growth; Cloud ARR in the range of $314.5 million to $319.5 million, representing approximately 40% year-over-year growth; Non-GAAP operating income in the range of $347.5 million to $352.5 million; Unlevered free cash flows (after-tax) in the range of $288.7 million to $298.7 million.

ShowHide Related Items >><<
INFA Informatica
$34.48 /

+1.58 (+4.80%)

INFA Informatica
$34.48 /

+1.58 (+4.80%)

11/23/21 Citi
Informatica initiated with a Neutral at Citi
11/22/21 UBS
Informatica initiated with a Buy at UBS
11/22/21 BofA
Informatica initiated with a Buy at BofA
11/22/21 Wells Fargo
Wells Fargo bullish on Informatica, initiates with an Overweight
INFA Informatica
$34.48 /

+1.58 (+4.80%)

  • 27
    Oct
INFA Informatica
$34.48 /

+1.58 (+4.80%)

Earnings
Informatica sees Q4 revenue $393.5M-$398.5M, consensus $396.19M » 08:05
11/30/21
11/30
08:05
11/30/21
08:05
INFA

Informatica

$34.48 /

+1.58 (+4.80%)

Sees Q4: Subscription ARR…

Sees Q4: Subscription ARR in the range of $795.5 million to $800.5 million, representing approximately 31% year-over-year growth; Cloud ARR in the range of $314.5 million to $319.5 million, representing approximately 40% year-over-year growth; Non-GAAP operating income in the range of $90.0 million to $95.0 million.

ShowHide Related Items >><<
INFA Informatica
$34.48 /

+1.58 (+4.80%)

INFA Informatica
$34.48 /

+1.58 (+4.80%)

11/23/21 Citi
Informatica initiated with a Neutral at Citi
11/22/21 UBS
Informatica initiated with a Buy at UBS
11/22/21 BofA
Informatica initiated with a Buy at BofA
11/22/21 Wells Fargo
Wells Fargo bullish on Informatica, initiates with an Overweight
INFA Informatica
$34.48 /

+1.58 (+4.80%)

  • 27
    Oct
INFA Informatica
$34.48 /

+1.58 (+4.80%)

Earnings
Informatica reports Q3 adjusted EPS 23c, consensus 18c » 08:03
11/30/21
11/30
08:03
11/30/21
08:03
INFA

Informatica

$34.48 /

+1.58 (+4.80%)

Reports Q3 revenue…

Reports Q3 revenue $361.8M, consensus $362.27M.

ShowHide Related Items >><<
INFA Informatica
$34.48 /

+1.58 (+4.80%)

INFA Informatica
$34.48 /

+1.58 (+4.80%)

11/23/21 Citi
Informatica initiated with a Neutral at Citi
11/22/21 UBS
Informatica initiated with a Buy at UBS
11/22/21 BofA
Informatica initiated with a Buy at BofA
11/22/21 Wells Fargo
Wells Fargo bullish on Informatica, initiates with an Overweight
  • 27
    Oct
INFA Informatica
$34.48 /

+1.58 (+4.80%)

Over a week ago
Initiation
Informatica initiated with a Neutral at Citi » 05:55
11/23/21
11/23
05:55
11/23/21
05:55
INFA

Informatica

$33.19 /

+0.04 (+0.12%)

Citi analyst Tyler Radke…

Citi analyst Tyler Radke initiated coverage of Informatica with a Neutral rating and $37 price target. The analyst believes the company's high debt load coming out of private equity ownership could present a risk to its growth and strategic initiatives given the focus on de-levering and hitting margin targets.

ShowHide Related Items >><<
INFA Informatica
$33.19 /

+0.04 (+0.12%)

INFA Informatica
$33.19 /

+0.04 (+0.12%)

11/22/21 UBS
Informatica initiated with a Buy at UBS
11/22/21 BofA
Informatica initiated with a Buy at BofA
11/22/21 Wells Fargo
Wells Fargo bullish on Informatica, initiates with an Overweight
11/22/21 Deutsche Bank
Informatica initiated with a Buy at Deutsche Bank
  • 27
    Oct
INFA Informatica
$33.19 /

+0.04 (+0.12%)

Initiation
Informatica initiated with a Buy at UBS » 07:53
11/22/21
11/22
07:53
11/22/21
07:53
INFA

Informatica

$33.18 /

-0.32 (-0.96%)

UBS analyst Karl…

UBS analyst Karl Keirstead initiated coverage of Informatica with a Buy rating and $42 price target. Informatica is the dominant provider in the data management software sector and gaining share, with the model transition to ratable cloud-based subscriptions yet to fully play out, Keirstead tells investors in a research note.

ShowHide Related Items >><<
INFA Informatica
$33.18 /

-0.32 (-0.96%)

INFA Informatica
$33.18 /

-0.32 (-0.96%)

11/22/21 BofA
Informatica initiated with a Buy at BofA
11/22/21 Wells Fargo
Wells Fargo bullish on Informatica, initiates with an Overweight
11/22/21 Deutsche Bank
Informatica initiated with a Buy at Deutsche Bank
11/22/21 RBC Capital
Informatica initiated with an Outperform at RBC Capital
  • 27
    Oct
INFA Informatica
$33.18 /

-0.32 (-0.96%)

Initiation
Informatica initiated with a Buy at BofA » 07:49
11/22/21
11/22
07:49
11/22/21
07:49
INFA

Informatica

$33.18 /

-0.32 (-0.96%)

BofA analyst Koji Ikeda…

BofA analyst Koji Ikeda initiated coverage of Informatica with a Buy rating and $45 price target. Enterprises are struggling to understand the velocity of data creation being exponentially higher than it was just a decade ago, which he believes is creating strong demand for next-gen data management platforms, like Informatica's next-gen IDMC platform powered by CLAIRE AI, Ikeda said. His due diligence with customers suggests that Informatica's brand and positioning in the data management category is strong, Ikeda added.

ShowHide Related Items >><<
INFA Informatica
$33.18 /

-0.32 (-0.96%)

INFA Informatica
$33.18 /

-0.32 (-0.96%)

11/22/21 Wells Fargo
Wells Fargo bullish on Informatica, initiates with an Overweight
11/22/21 Deutsche Bank
Informatica initiated with a Buy at Deutsche Bank
11/22/21 RBC Capital
Informatica initiated with an Outperform at RBC Capital
11/22/21 Wells Fargo
Informatica initiated with an Overweight at Wells Fargo
  • 27
    Oct
INFA Informatica
$33.18 /

-0.32 (-0.96%)

Initiation
Wells Fargo bullish on Informatica, initiates with an Overweight » 07:07
11/22/21
11/22
07:07
11/22/21
07:07
INFA

Informatica

$33.18 /

-0.32 (-0.96%)

As previously reported,…

As previously reported, Wells Fargo analyst Andrew Nowinski initiated coverage of Informatica with an Overweight rating and $42 price target. The analyst notes that over the past 6 years, Informatica has transformed its data management solution into an AI-powered cloud platform capable of processing more than 22 trillion transactions per month. Nowinski believes Informatica can leverage this competitive advantage to drive strong Cloud ARR growth, which should lift total revenue growth.

ShowHide Related Items >><<
INFA Informatica
$33.18 /

-0.32 (-0.96%)

INFA Informatica
$33.18 /

-0.32 (-0.96%)

11/22/21 Deutsche Bank
Informatica initiated with a Buy at Deutsche Bank
11/22/21 RBC Capital
Informatica initiated with an Outperform at RBC Capital
11/22/21 Wells Fargo
Informatica initiated with an Overweight at Wells Fargo
11/22/21 Credit Suisse
Informatica initiated with a Neutral at Credit Suisse
  • 27
    Oct
INFA Informatica
$33.18 /

-0.32 (-0.96%)

Initiation
Informatica initiated with a Buy at Deutsche Bank » 06:46
11/22/21
11/22
06:46
11/22/21
06:46
INFA

Informatica

$33.18 /

-0.32 (-0.96%)

Deutsche Bank analyst…

Deutsche Bank analyst Patrick Colville initiated coverage of Informatica with a Buy rating and $39 price target.

ShowHide Related Items >><<
INFA Informatica
$33.18 /

-0.32 (-0.96%)

INFA Informatica
$33.18 /

-0.32 (-0.96%)

11/22/21 RBC Capital
Informatica initiated with an Outperform at RBC Capital
11/22/21 Wells Fargo
Informatica initiated with an Overweight at Wells Fargo
11/22/21 Credit Suisse
Informatica initiated with a Neutral at Credit Suisse
11/22/21 Wolfe Research
Informatica initiated with an Outperform at Wolfe Research
  • 27
    Oct
INFA Informatica
$33.18 /

-0.32 (-0.96%)

Initiation
Informatica initiated with an Outperform at RBC Capital » 06:34
11/22/21
11/22
06:34
11/22/21
06:34
INFA

Informatica

$33.18 /

-0.32 (-0.96%)

RBC Capital analyst…

RBC Capital analyst Matthew Hedberg initiated coverage of Informatica with an Outperform rating and $40 price target. The company has undergone a significant transformation since going private in 2015 including a complete architecture rebuild transitioning from selling on-premises software to cloud-native software, expanding its TAM from data integration to AI-driven data management, and a business model shift by transitioning from selling license/maintenance to subscription and SaaS, Hedberg tells investors in a research note.

ShowHide Related Items >><<
INFA Informatica
$33.18 /

-0.32 (-0.96%)

INFA Informatica
$33.18 /

-0.32 (-0.96%)

11/22/21 Wells Fargo
Informatica initiated with an Overweight at Wells Fargo
11/22/21 Credit Suisse
Informatica initiated with a Neutral at Credit Suisse
11/22/21 Wolfe Research
Informatica initiated with an Outperform at Wolfe Research
11/22/21 JPMorgan
Informatica initiated with an Overweight at JPMorgan
  • 27
    Oct
INFA Informatica
$33.18 /

-0.32 (-0.96%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.