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2023-06-15

cool wvent very nice

2023-06-15

Great ariticle, would you like to share it?

@TigerEvents:Light up your investing with Tiger, play and win prizes worth up to USD 999

2023-06-15

great

Top Calls on Wall Street: Applied Materials, Logitech, ServiceNow, Crowdstrike and More

2021-06-29

great

Here's Why I'm Waiting to Buy BlackBerry Stock

2021-06-29

wow steady price

2021-06-25

Nice

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Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","listText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","text":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! 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Follo","content":"<html><head></head><body><p><strong>Top 5 Upgrades:</strong></p><ul><li><p>Berenberg upgraded <strong>Estee Lauder </strong>(EL) to Buy from Hold with a $243 price target. Following the stock&#39;s 27% selloff since the start of 2023 and a 16% rebase of consensus earnings expectations, Estee offers an attractive buying opportunity for investors, the firm says.</p></li><li><p>Raymond James upgraded <strong>IPG Photonics</strong> (IPGP) to Outperform from Market Perform with a $170 price target as it believes electric vehicle battery capacity capex presents a &#34;substantial growth cycle&#34; for the company.</p></li><li><p>Roth MKM upgraded <strong>Maxeon Solar </strong>(MAXN) to Buy from Neutral with a price target of $40, up from $21. The firm sees the company&#39;s margins improving sequentially in 2023, a path to profitability in 2024, and its average selling prices &#34;remaining strong.&#34;</p></li><li><p>MoffettNathanson upgraded <strong>Shift4 Payments</strong> (FOUR) to Outperform from Market Perform with a price target of $80, up from $75, given &#34;impressive progress&#34; against its &#34;ambitious goals.&#34;</p></li><li><p>Citi upgraded <strong>Hepsiburada </strong>(HEPS) to Buy from Neutral with a price target of $2, up from 90c. The company is now on track to profitability and &#34;self-sustainability,&#34; supported by its current strategy focused on cash preservation and value extraction from existing clients, the firm says.</p></li></ul><p><strong>Top 5 Downgrades:</strong></p><ul><li><p>Wedbush downgraded <strong>Dine Brands</strong> (DIN) to Neutral from Outperform with a price target of $65, down from $80. The firm&#39;s Applebee&#39;s and IHOP channel checks point to Q2 same-store-sales growth trending below consensus estimates for both concepts.</p></li><li><p>Needham downgraded <strong>Applied Materials</strong> (AMAT) to Hold from Buy without a price target, citing valuation. Needham also does not believe the surge in demand for AI systems will have a meaningful effect on foundry/logic and memory utilization rates or catalyze higher wafer fab equipment spending in the near-term.</p></li><li><p>Needham downgraded <strong>KLA Corp.</strong> (KLAC) to Hold from Buy without a price target. With only 10% or less upside over the next 12 months in the stock, the firm does not believe there is enough reward to justify buying these stocks.</p></li><li><p>Citi downgraded <strong>Logitech </strong>(LOGI) to Neutral from Buy with a price target of $70, down from $73, following the &#34;unexpected&#34; departure of CEO Bracken Darrell.</p></li><li><p>B. Riley downgraded <strong>Cinemark </strong>(CNK) to Neutral from Buy with a price target of $20, down from $21. The firm says the film slate for 2024 and 2025 looks increasingly uncertain.</p></li></ul><p><strong>Top 5 Initiations:</strong></p><ul><li><p>Needham initiated coverage of <strong>ServiceNow </strong>(NOW) with a Buy rating and $660 price target. The company&#39;s extensible platform drives a high rate of innovation in solving new use-cases for customers, which is evident in the projected 2025 total addressable market of $220B, the firm says.</p></li><li><p>KeyBanc initiated coverage of <strong>Crowdstrike </strong>(CRWD) with an Overweight rating and $200 price target. CrowdStrike is well positioned to be a consolidator of security as the leading independent endpoint vendor with a dominant share outside of Microsoft, and a broad platform of 23-plus modules, the firm says.</p></li><li><p>KeyBanc initiated coverage of <strong>SentinelOne </strong>(S) with a Sector Weight rating and no price target. The firm is cautious given its low single digit endpoint market share, greater small business exposure that is more likely to feel competitive pressures amid a difficult macro environment, and &#34;less mature&#34; cloud security offering.</p></li><li><p>Piper Sandler initiated coverage of <strong>PTC </strong>(PTC) with a Neutral rating and $150 price target. The firm believes PTC has compelling opportunities for value creation ahead but says he most meaningful impacts from these catalysts are more than 12 months out.</p></li><li><p>Seaport Research initiated coverage of <strong>LGI Homes</strong> (LGIH) a Buy rating and $156 price target. The firm is positive on builder stocks, with analysis of 20 cycles since 1962 suggesting that the current roughly 60% rally since September 2022 &#34;has legs.&#34;</p></li></ul></body></html>","source":"lsy1666364704704","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Calls on Wall Street: Applied Materials, Logitech, ServiceNow, Crowdstrike and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Calls on Wall Street: Applied Materials, Logitech, ServiceNow, Crowdstrike and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-14 22:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=3731014&headline=EL;IPGP;MAXN;FOUR;HEPS;DIN;LOGI;AMAT;KLAC;CNK;NOW;S;CRWD;PTC;LGIH-Estee-Lauder-upgraded-Dine-Brands-downgraded-Wall-Streets-top-analyst-calls&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>TheFly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:Berenberg upgraded Estee Lauder (EL) to Buy from Hold with a $243 price target. Following the stock's 27% selloff since the start of 2023 and a 16% rebase of consensus earnings ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3731014&headline=EL;IPGP;MAXN;FOUR;HEPS;DIN;LOGI;AMAT;KLAC;CNK;NOW;S;CRWD;PTC;LGIH-Estee-Lauder-upgraded-Dine-Brands-downgraded-Wall-Streets-top-analyst-calls&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NOW":"ServiceNow","LOGI":"罗技","CRWD":"CrowdStrike Holdings, Inc.","AMAT":"应用材料"},"source_url":"https://thefly.com/landingPageNews.php?id=3731014&headline=EL;IPGP;MAXN;FOUR;HEPS;DIN;LOGI;AMAT;KLAC;CNK;NOW;S;CRWD;PTC;LGIH-Estee-Lauder-upgraded-Dine-Brands-downgraded-Wall-Streets-top-analyst-calls&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137332339","content_text":"Top 5 Upgrades:Berenberg upgraded Estee Lauder (EL) to Buy from Hold with a $243 price target. Following the stock's 27% selloff since the start of 2023 and a 16% rebase of consensus earnings expectations, Estee offers an attractive buying opportunity for investors, the firm says.Raymond James upgraded IPG Photonics (IPGP) to Outperform from Market Perform with a $170 price target as it believes electric vehicle battery capacity capex presents a \"substantial growth cycle\" for the company.Roth MKM upgraded Maxeon Solar (MAXN) to Buy from Neutral with a price target of $40, up from $21. The firm sees the company's margins improving sequentially in 2023, a path to profitability in 2024, and its average selling prices \"remaining strong.\"MoffettNathanson upgraded Shift4 Payments (FOUR) to Outperform from Market Perform with a price target of $80, up from $75, given \"impressive progress\" against its \"ambitious goals.\"Citi upgraded Hepsiburada (HEPS) to Buy from Neutral with a price target of $2, up from 90c. The company is now on track to profitability and \"self-sustainability,\" supported by its current strategy focused on cash preservation and value extraction from existing clients, the firm says.Top 5 Downgrades:Wedbush downgraded Dine Brands (DIN) to Neutral from Outperform with a price target of $65, down from $80. The firm's Applebee's and IHOP channel checks point to Q2 same-store-sales growth trending below consensus estimates for both concepts.Needham downgraded Applied Materials (AMAT) to Hold from Buy without a price target, citing valuation. Needham also does not believe the surge in demand for AI systems will have a meaningful effect on foundry/logic and memory utilization rates or catalyze higher wafer fab equipment spending in the near-term.Needham downgraded KLA Corp. (KLAC) to Hold from Buy without a price target. With only 10% or less upside over the next 12 months in the stock, the firm does not believe there is enough reward to justify buying these stocks.Citi downgraded Logitech (LOGI) to Neutral from Buy with a price target of $70, down from $73, following the \"unexpected\" departure of CEO Bracken Darrell.B. Riley downgraded Cinemark (CNK) to Neutral from Buy with a price target of $20, down from $21. The firm says the film slate for 2024 and 2025 looks increasingly uncertain.Top 5 Initiations:Needham initiated coverage of ServiceNow (NOW) with a Buy rating and $660 price target. The company's extensible platform drives a high rate of innovation in solving new use-cases for customers, which is evident in the projected 2025 total addressable market of $220B, the firm says.KeyBanc initiated coverage of Crowdstrike (CRWD) with an Overweight rating and $200 price target. CrowdStrike is well positioned to be a consolidator of security as the leading independent endpoint vendor with a dominant share outside of Microsoft, and a broad platform of 23-plus modules, the firm says.KeyBanc initiated coverage of SentinelOne (S) with a Sector Weight rating and no price target. The firm is cautious given its low single digit endpoint market share, greater small business exposure that is more likely to feel competitive pressures amid a difficult macro environment, and \"less mature\" cloud security offering.Piper Sandler initiated coverage of PTC (PTC) with a Neutral rating and $150 price target. The firm believes PTC has compelling opportunities for value creation ahead but says he most meaningful impacts from these catalysts are more than 12 months out.Seaport Research initiated coverage of LGI Homes (LGIH) a Buy rating and $156 price target. The firm is positive on builder stocks, with analysis of 20 cycles since 1962 suggesting that the current roughly 60% rally since September 2022 \"has legs.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150263172,"gmtCreate":1624911512996,"gmtModify":1703847642633,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150263172","repostId":"2146836375","repostType":4,"repost":{"id":"2146836375","kind":"highlight","pubTimestamp":1624894957,"share":"https://ttm.financial/m/news/2146836375?lang=&edition=fundamental","pubTime":"2021-06-28 23:42","market":"us","language":"en","title":"Here's Why I'm Waiting to Buy BlackBerry Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2146836375","media":"Motley Fool","summary":"Fiscal first-quarter results showed worrying weakness in one of the company's key segments.","content":"<p>Last year,<b> BlackBerry</b> (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.</p>\n<h2>A vast addressable market</h2>\n<p>Following its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with <b>Amazon</b>'s Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.</p>\n<p>The success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d31abfbbf6cdcc04c5e000fbffa8cee\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Challenges in cybersecurity</h2>\n<p>However, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.</p>\n<p>The ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million,&nbsp;which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.</p>\n<p>In contrast, given that favorable context, the endpoint protection specialist <b>CrowdStrike</b> generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.</p>\n<p>In particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist <b>Gartner</b> positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.</p>\n<p>Granted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.</p>\n<h2>Internet of Things</h2>\n<p>In contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.</p>\n<p>So during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.</p>\n<p>That's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.</p>\n<h2>Growth priced in</h2>\n<p>Despite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.</p>\n<p>So with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.</p>\n<p>In addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.</p>\n<p>Thus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why I'm Waiting to Buy BlackBerry Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why I'm Waiting to Buy BlackBerry Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 23:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146836375","content_text":"Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.\nA vast addressable market\nFollowing its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with Amazon's Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.\nThe success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.\nImage source: Getty Images.\nChallenges in cybersecurity\nHowever, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.\nThe ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million, which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.\nIn contrast, given that favorable context, the endpoint protection specialist CrowdStrike generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.\nIn particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist Gartner positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.\nGranted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.\nInternet of Things\nIn contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.\nSo during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.\nThat's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.\nGrowth priced in\nDespite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.\nSo with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.\nIn addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.\nThus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150263012,"gmtCreate":1624911393936,"gmtModify":1703847642308,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"wow steady price","listText":"wow steady price","text":"wow steady price","images":[{"img":"https://static.tigerbbs.com/af19e080c087ea235d092f3412f391e6","width":"1080","height":"2492"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150263012","isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":126638029,"gmtCreate":1624557027261,"gmtModify":1703840365089,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126638029","repostId":"1169202537","repostType":4,"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":187334735106176,"gmtCreate":1686763833547,"gmtModify":1686764503156,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187334735106176","repostId":"1137332339","repostType":2,"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150263172,"gmtCreate":1624911512996,"gmtModify":1703847642633,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150263172","repostId":"2146836375","repostType":4,"repost":{"id":"2146836375","kind":"highlight","pubTimestamp":1624894957,"share":"https://ttm.financial/m/news/2146836375?lang=&edition=fundamental","pubTime":"2021-06-28 23:42","market":"us","language":"en","title":"Here's Why I'm Waiting to Buy BlackBerry Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2146836375","media":"Motley Fool","summary":"Fiscal first-quarter results showed worrying weakness in one of the company's key segments.","content":"<p>Last year,<b> BlackBerry</b> (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.</p>\n<h2>A vast addressable market</h2>\n<p>Following its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with <b>Amazon</b>'s Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.</p>\n<p>The success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d31abfbbf6cdcc04c5e000fbffa8cee\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Challenges in cybersecurity</h2>\n<p>However, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.</p>\n<p>The ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million,&nbsp;which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.</p>\n<p>In contrast, given that favorable context, the endpoint protection specialist <b>CrowdStrike</b> generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.</p>\n<p>In particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist <b>Gartner</b> positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.</p>\n<p>Granted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.</p>\n<h2>Internet of Things</h2>\n<p>In contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.</p>\n<p>So during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.</p>\n<p>That's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.</p>\n<h2>Growth priced in</h2>\n<p>Despite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.</p>\n<p>So with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.</p>\n<p>In addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.</p>\n<p>Thus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why I'm Waiting to Buy BlackBerry Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why I'm Waiting to Buy BlackBerry Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 23:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146836375","content_text":"Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.\nA vast addressable market\nFollowing its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with Amazon's Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.\nThe success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.\nImage source: Getty Images.\nChallenges in cybersecurity\nHowever, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.\nThe ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million, which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.\nIn contrast, given that favorable context, the endpoint protection specialist CrowdStrike generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.\nIn particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist Gartner positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.\nGranted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.\nInternet of Things\nIn contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.\nSo during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.\nThat's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.\nGrowth priced in\nDespite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.\nSo with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.\nIn addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.\nThus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126638029,"gmtCreate":1624557027261,"gmtModify":1703840365089,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126638029","repostId":"1169202537","repostType":4,"repost":{"id":"1169202537","kind":"news","pubTimestamp":1624549071,"share":"https://ttm.financial/m/news/1169202537?lang=&edition=fundamental","pubTime":"2021-06-24 23:37","market":"us","language":"en","title":"Confluent Prepares For $713 Million IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1169202537","media":"seekingalpha","summary":"Summary\n\nConfluent has filed proposed terms for its $713 million IPO.\nThe firm provides an IT infras","content":"<p><b>Summary</b></p>\n<ul>\n <li>Confluent has filed proposed terms for its $713 million IPO.</li>\n <li>The firm provides an IT infrastructure as a service platform to enterprises globally.</li>\n <li>CFLT has grown revenue and gross profit but is generating high operating losses and the IPO appears expensive, so I'll watch it from the sidelines.</li>\n</ul>\n<p><b>Quick Take</b></p>\n<p>Confluent (CFLT) has filed to raise $713 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.</p>\n<p>The firm provides data infrastructure as a service to enterprises with complex requirements.</p>\n<p>CFLT is generating high operating losses with no credible path to operating breakeven and the IPO appears expensive, so I'll pass on it.</p>\n<p><b>Company &amp; Technology</b></p>\n<p>Mountain View, California-based Confluent was founded to create a platform enabling companies to more easily build and deploy data-driven applications for real-time use.</p>\n<p>Management is headed by co-founder and CEO Jay Kreps, who was previously a software architect at LinkedIn and was one of the creators of Apache Kafka which Confluent uses as the basis for its system.</p>\n<p>Kafka is used by many companies for high-performance data streaming applications, among other uses.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>Confluent Cloud - SaaS platform</li>\n <li>Confluent Platform - Self-managed system</li>\n</ul>\n<p>Confluent has received at least $574 million in equity investment from investors including Benchmark Capital, Index Ventures, Jun Rao, and Sequoia Capital.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The firm pursues relationships primarily with large and medium-sized companies through a direct sales and marketing approach.</p>\n<p>As of March 31, 2021, Confluent had over 560 customers with $100,000 or more in annual recurring revenue across numerous industries including financial services, retail and e-commerce, manufacturing, and media &amp; entertainment.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/e5cc76d07fa184ab25908af34e003253\" tg-width=\"627\" tg-height=\"315\"></p>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, dropped to 0.4x in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/ade4d8d84c15ad5b405df3eb76062e01\" tg-width=\"620\" tg-height=\"247\"></p>\n<p>The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p>\n<p>CFLT’s most recent calculation was negative (7%) as of March 31, 2021, so the firm needs significant improvement in this regard, per the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/c4cb9e1ff077aaab8fda94762c10a6dd\" tg-width=\"617\" tg-height=\"249\"></p>\n<p>The firm’s dollar-based net revenue retention rate for Q1 2021 was 117% and for all of 2020 was 125%, which are both good results.</p>\n<p>The dollar-based net revenue retention rate metric measures how much additional revenue is generated over time from each cohort of customers, so that a figure over 100% means that the company is generating more revenue from the same customer cohort over time, indicating good product/market fit and efficient sales and marketing efforts.</p>\n<p>Market &amp; Competition</p>\n<p>According to a 2020 marketresearch reportby Allied Market Research, the global market for big data as a service was an estimated $5 billion in 2018 and is forecast to exceed $61 billion by 2026.</p>\n<p>This represents a forecast very strong CAGR of 36.9% from 2019 to 2026.</p>\n<p>The main drivers for this expected growth are the continued transition of enterprises to cloud applications and the need to drive efficiencies across all aspects of the enterprise.</p>\n<p>Also, as companies transition to cloud infrastructures, their systems are becoming more complex and there is a substantial need for vendor reduction to improve integration and lower complexity.</p>\n<p>The infrastructure as a service market [IaaS] is expected to grow by $136 billion from 2021 to 2025, representing a CAGR of 27%, according toResearchAndMarkets.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Microsoft(NASDAQ:MSFT)</p></li>\n <li><p>Amazon(NASDAQ:AMZN)</p></li>\n <li><p>Google (GOOG,GOOGL)</p></li>\n <li><p>TIBCO Streaming</p></li>\n <li><p>Cloudera(NYSE:CLDR)</p></li>\n <li><p>Red Hat</p></li>\n <li><p>Oracle(NYSE:ORCL)</p></li>\n</ul>\n<p>Financial Performance</p>\n<p>Confluent’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Growing top line revenue</p></li>\n <li><p>Increasing gross profit and gross margin</p></li>\n <li><p>High and increasing operating losses</p></li>\n <li><p>High cash used in operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/5194e46029ac9b822d272939057e2cdf\" tg-width=\"629\" tg-height=\"624\"><img src=\"https://static.tigerbbs.com/07fa0bff438bb98cc5b56772e6af6d7f\" tg-width=\"621\" tg-height=\"621\"><img src=\"https://static.tigerbbs.com/d0e045562404b8ffa6569881a2b62d59\" tg-width=\"620\" tg-height=\"620\">As of March 31, 2021, Confluent had $44.1 million in cash and $274.4 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended March 31, 2021, was negative ($74.2 million).</p>\n<p><b>IPO Details</b></p>\n<p>Confluent intends to raise $713 million in gross proceeds from an IPO of its Class A common stock, offering 23 million shares at a proposed midpoint price of $31.00.</p>\n<p>Class A common stockholders will receive one vote per share and Class shareholders will be entitled to ten votes per share.</p>\n<p>The S&amp;P 500 Index no longer admits firms with multiple classes of stock into its index.</p>\n<p>Certain existing shareholders have indicated an interest to purchase shares of up to $112 million in the aggregate at the IPO price.</p>\n<p>Assuming a successful IPO, the company’s enterprise value at IPO would approximate $6.9 billion, excluding the effects of underwriter over-allotment options.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 9.11%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Management says it will use the net proceeds from the IPO as follows:</p>\n<blockquote>\n The principal purposes of this offering are to increase our capitalization and financial flexibility and create a public market for our Class A common stock. We intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures. We cannot specify with certainty all of the particular uses for the remaining net proceeds to us from this offering. We may also use a portion of the net proceeds for acquisitions of, or strategic investments in, complementary businesses, products, services, or technologies. However, we do not have any agreements or commitments to enter into any material acquisitions or investments at this time. (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Listed bookrunners of the IPO are Morgan Stanley, J.P. Morgan, Goldman Sachs, BofA Securities, Citigroup, Barclays, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, Wells Fargo Securities, Cowen, D.A. Davidson &amp; Co., JMP Securities, KeyBanc Capital Markets and Piper Sandler.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<p><img src=\"https://static.tigerbbs.com/e716bb31dd4f9850fb6b2d45ab87f7b3\" tg-width=\"621\" tg-height=\"711\"></p>\n<p>As a reference, a potential partial public comparable to Confluent would be Cloudera; below is a comparison of their primary valuation metrics:</p>\n<p><img src=\"https://static.tigerbbs.com/0c053081dcc6ad74cba10a936cd27571\" tg-width=\"614\" tg-height=\"419\"></p>\n<p>The firm’s last private market valuation was $4.5 billion in April, 2020, so the IPO will represent an increase in valuation of approximately 53% from that valuation.</p>\n<p>Commentary</p>\n<p>Confluent is seeking public investment capital for its general corporate expansion plans and to provide an ultimate exit for its venture capital firm investors.</p>\n<p>Those investors include top tier firms Benchmark and Sequoia Capital.</p>\n<p>The firm’s financials show strong top line revenue growth and gross profit growth, but high operating losses which are a distinct negative in the current IPO market environment.</p>\n<p>Free cash flow for the twelve months ended March 31, 2021, was negative ($74.2 million), so the company is burning through a lot of cash.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenue has increased; its Sales and Marketing efficiency rate dropped to 0.4x in the most recent reporting period.</p>\n<p>The market opportunity for providing data/infrastructure as a service is very large and expected to grow at a high rate of growth over the coming years, so the firm has strong industry growth dynamics in its favor.</p>\n<p>Morgan Stanley is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 26.6% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is if one or more of its major platform competitors bundles competing offerings into its existing pricing structure, putting substantial pricing pressure and integration complexity pressure onto Confluent.</p>\n<p>As for valuation, compared to already public and larger partial competitor Cloudera, Confluent is seeking a big premium at IPO.</p>\n<p>Of course, CFLT is growing revenue at a far higher rate of growth, so some of that premium is justified.</p>\n<p>Still, the firm has made no credible progress toward operating breakeven and is producing enormous operating losses.</p>\n<p>Since the IPO valuation is not cheap and the firm is generating high operating losses and cash burn, I'll watch the IPO from the sidelines.</p>\n<p>Expected IPO Pricing Date: June 23, 2021</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Confluent Prepares For $713 Million IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ 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}\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nConfluent Prepares For $713 Million IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 23:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435355-confluent-prepares-for-713-million-ipo><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nConfluent has filed proposed terms for its $713 million IPO.\nThe firm provides an IT infrastructure as a service platform to enterprises globally.\nCFLT has grown revenue and gross profit but ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435355-confluent-prepares-for-713-million-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CFLT":"Confluent, Inc."},"source_url":"https://seekingalpha.com/article/4435355-confluent-prepares-for-713-million-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1169202537","content_text":"Summary\n\nConfluent has filed proposed terms for its $713 million IPO.\nThe firm provides an IT infrastructure as a service platform to enterprises globally.\nCFLT has grown revenue and gross profit but is generating high operating losses and the IPO appears expensive, so I'll watch it from the sidelines.\n\nQuick Take\nConfluent (CFLT) has filed to raise $713 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.\nThe firm provides data infrastructure as a service to enterprises with complex requirements.\nCFLT is generating high operating losses with no credible path to operating breakeven and the IPO appears expensive, so I'll pass on it.\nCompany & Technology\nMountain View, California-based Confluent was founded to create a platform enabling companies to more easily build and deploy data-driven applications for real-time use.\nManagement is headed by co-founder and CEO Jay Kreps, who was previously a software architect at LinkedIn and was one of the creators of Apache Kafka which Confluent uses as the basis for its system.\nKafka is used by many companies for high-performance data streaming applications, among other uses.\nThe company’s primary offerings include:\n\nConfluent Cloud - SaaS platform\nConfluent Platform - Self-managed system\n\nConfluent has received at least $574 million in equity investment from investors including Benchmark Capital, Index Ventures, Jun Rao, and Sequoia Capital.\nCustomer/User Acquisition\nThe firm pursues relationships primarily with large and medium-sized companies through a direct sales and marketing approach.\nAs of March 31, 2021, Confluent had over 560 customers with $100,000 or more in annual recurring revenue across numerous industries including financial services, retail and e-commerce, manufacturing, and media & entertainment.\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased, as the figures below indicate:\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, dropped to 0.4x in the most recent reporting period, as shown in the table below:\n\nThe Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.\nCFLT’s most recent calculation was negative (7%) as of March 31, 2021, so the firm needs significant improvement in this regard, per the table below:\n\nThe firm’s dollar-based net revenue retention rate for Q1 2021 was 117% and for all of 2020 was 125%, which are both good results.\nThe dollar-based net revenue retention rate metric measures how much additional revenue is generated over time from each cohort of customers, so that a figure over 100% means that the company is generating more revenue from the same customer cohort over time, indicating good product/market fit and efficient sales and marketing efforts.\nMarket & Competition\nAccording to a 2020 marketresearch reportby Allied Market Research, the global market for big data as a service was an estimated $5 billion in 2018 and is forecast to exceed $61 billion by 2026.\nThis represents a forecast very strong CAGR of 36.9% from 2019 to 2026.\nThe main drivers for this expected growth are the continued transition of enterprises to cloud applications and the need to drive efficiencies across all aspects of the enterprise.\nAlso, as companies transition to cloud infrastructures, their systems are becoming more complex and there is a substantial need for vendor reduction to improve integration and lower complexity.\nThe infrastructure as a service market [IaaS] is expected to grow by $136 billion from 2021 to 2025, representing a CAGR of 27%, according toResearchAndMarkets.\nMajor competitive or other industry participants include:\n\nMicrosoft(NASDAQ:MSFT)\nAmazon(NASDAQ:AMZN)\nGoogle (GOOG,GOOGL)\nTIBCO Streaming\nCloudera(NYSE:CLDR)\nRed Hat\nOracle(NYSE:ORCL)\n\nFinancial Performance\nConfluent’s recent financial results can be summarized as follows:\n\nGrowing top line revenue\nIncreasing gross profit and gross margin\nHigh and increasing operating losses\nHigh cash used in operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\nAs of March 31, 2021, Confluent had $44.1 million in cash and $274.4 million in total liabilities.\nFree cash flow during the twelve months ended March 31, 2021, was negative ($74.2 million).\nIPO Details\nConfluent intends to raise $713 million in gross proceeds from an IPO of its Class A common stock, offering 23 million shares at a proposed midpoint price of $31.00.\nClass A common stockholders will receive one vote per share and Class shareholders will be entitled to ten votes per share.\nThe S&P 500 Index no longer admits firms with multiple classes of stock into its index.\nCertain existing shareholders have indicated an interest to purchase shares of up to $112 million in the aggregate at the IPO price.\nAssuming a successful IPO, the company’s enterprise value at IPO would approximate $6.9 billion, excluding the effects of underwriter over-allotment options.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 9.11%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nManagement says it will use the net proceeds from the IPO as follows:\n\n The principal purposes of this offering are to increase our capitalization and financial flexibility and create a public market for our Class A common stock. We intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures. We cannot specify with certainty all of the particular uses for the remaining net proceeds to us from this offering. We may also use a portion of the net proceeds for acquisitions of, or strategic investments in, complementary businesses, products, services, or technologies. However, we do not have any agreements or commitments to enter into any material acquisitions or investments at this time. (Source)\n\nManagement’s presentation of the company roadshow isavailable here.\nListed bookrunners of the IPO are Morgan Stanley, J.P. Morgan, Goldman Sachs, BofA Securities, Citigroup, Barclays, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, Wells Fargo Securities, Cowen, D.A. Davidson & Co., JMP Securities, KeyBanc Capital Markets and Piper Sandler.\nValuation Metrics\nBelow is a table of relevant capitalization and valuation figures for the company:\n\nAs a reference, a potential partial public comparable to Confluent would be Cloudera; below is a comparison of their primary valuation metrics:\n\nThe firm’s last private market valuation was $4.5 billion in April, 2020, so the IPO will represent an increase in valuation of approximately 53% from that valuation.\nCommentary\nConfluent is seeking public investment capital for its general corporate expansion plans and to provide an ultimate exit for its venture capital firm investors.\nThose investors include top tier firms Benchmark and Sequoia Capital.\nThe firm’s financials show strong top line revenue growth and gross profit growth, but high operating losses which are a distinct negative in the current IPO market environment.\nFree cash flow for the twelve months ended March 31, 2021, was negative ($74.2 million), so the company is burning through a lot of cash.\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenue has increased; its Sales and Marketing efficiency rate dropped to 0.4x in the most recent reporting period.\nThe market opportunity for providing data/infrastructure as a service is very large and expected to grow at a high rate of growth over the coming years, so the firm has strong industry growth dynamics in its favor.\nMorgan Stanley is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 26.6% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is if one or more of its major platform competitors bundles competing offerings into its existing pricing structure, putting substantial pricing pressure and integration complexity pressure onto Confluent.\nAs for valuation, compared to already public and larger partial competitor Cloudera, Confluent is seeking a big premium at IPO.\nOf course, CFLT is growing revenue at a far higher rate of growth, so some of that premium is justified.\nStill, the firm has made no credible progress toward operating breakeven and is producing enormous operating losses.\nSince the IPO valuation is not cheap and the firm is generating high operating losses and cash burn, I'll watch the IPO from the sidelines.\nExpected IPO Pricing Date: June 23, 2021","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187335103754344,"gmtCreate":1686763919570,"gmtModify":1686763923854,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"cool wvent very nice","listText":"cool wvent very nice","text":"cool wvent very nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187335103754344","isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187335787852016,"gmtCreate":1686763901547,"gmtModify":1686763905268,"author":{"id":"4087363333900060","authorId":"4087363333900060","name":"swy01","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087363333900060","authorIdStr":"4087363333900060"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187335787852016","repostId":"9970552986","repostType":1,"repost":{"id":9970552986,"gmtCreate":1684749089245,"gmtModify":1686052573124,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Light up your investing with Tiger, play and win prizes worth up to USD 999","htmlText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! 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