Cloudera can take your portfolio to the clouds

clouds

High tech is all the rage, but when you have a solid business model like Cloudera ($CLDR), it’s easy to see how servers are the new goldmine. With Wall Street showing some major love to Cloudera, price targets are ranging from $20-$24, even reaching to $26.

Does Cloudera actually make clouds?

In a sense, yes, Cloudera does make clouds. The business database and enterprise application software company focuses on several of the major sectors, like financial services, healthcare, insurance, telecommunications, retail, public sector services, energy / utilities, and education. Products include operational databases for data-drive business models, data warehousing, and data science and engineering to develop and serve predictive models using Hadoop.

Cloudera earnings highlights

For quite some time the Street has not been kind to Cloudera, but it seems that they are finally embracing the business model management has put in place. Some key highlights from the earnings report include:

  • EPS of -$0.08, beating estimates by $0.07
  • GAAP EPS of -$0.22
  • $110.34 million in revenue (a +22.8% year over year jump)
  • Beat revenue estimates by $2.63 million

Looking further from what the company is projecting, 2019 should be a blockbuster year, rounded out by a solid Q3.

  • FY19 Q3 total revenue of $113-$114 million, 20% YoY growth
  • $96-$97 million in recurring subscription revenue
  • Non-GAAP net loss per share in $0.12-$0.10 range
  • Full FY19 outlook of $440-$450 million in revenue
  • Full FY19 outlook of $372-$377 million in subscription revenue

Comparing Cloudera

Comparing Cloudera to it’s peers is an easy task, as enterprise software company MongoDB reported earnings and saw a lift in share price as well. ($MDB beat both EPS (beat by $0.04) and on revenue (by $5.76 million)). Keep Cloudera in your portfolio if you want it to rain money.

January 2, 2021 Update: We have just announced our BEST STOCK NEWSLETTER of 2020 AWARD!

CLICK HERE to find out which stock newsletter was up 78% in 2020 (and whose 2019 picks are now up 113%).

*** Our Award for BEST STOCK NEWSLETTER of 2020 ALERT ***

Updated January 2, 2021

At WallStreetSurvivor, we subscribe to dozens stock recommendation and advisory newsletters. There is ONE newsletter that is constantly outperforming all of the others--The Motley Fool Stock Advisor.

Five of their 2020 stock picks have doubled and the average return of all 24 of their stock picks for 2020 is up 78%!

We have been tracking ALL of the Motley Fool stock picks since January 2016. That's 5 years and 120 stock picks. As of Friday, January 1, 2021 the Motley Fool's January stock pick (TSLA) is up 720%, their March pick (ZM) is up 172%, their April pick of SHOP is up 226% and their June pick CRWD is up 120%; and another two have more than doubled. In addition, 10 of their 2019, 12 of their 2018, 11 of their 2017, 15 of their 2016. Most impressively, over the last 5 years that we have been tracking every recommendation, their average stock pick is up 209%--tht means over the last 5 years their stock picks, on average, have TRIPLED!

Now no one can guarantee that their next picks will be as strong, but our 5 years of experience has been super-profitable. The important thing about the Fool stock picks is you have to buy them the day they are recommended because they usually pop 5-10% in the first 72 hours after the release their recommendation. You sure don’t want to risk missing out on their next pick.

Normally the Fool service is priced at $199 per year but they are currently offering a NEW SUBSCRIBER DISCOUNT that allows you to get theiir next 24 stock picks for just $99/year. HERE is the LINK to visit their New Subscriber Discount page.

CLICK HERE to get access to all The Motley Fool’s Stock Picks and their next 12 months of picks for just $99 per Year! 



GET UP TO $1,000 IN FREE STOCK

WHEN YOU OPEN A ROBINHOOD BROKERAGE ACCOUNT

Robinhood was the first brokerage site to NOT charge commissions when they opened in 2013. They just past 10,000,000 accounts and to celebrate they are offering up to $1,000 in free stock when you open a new account.

Here’s the details: You must click on a special promo link to open your new Robinhood account. Then when you fund your account with at least $10, you will receive one stock valued between $5 and $500. Then, you will get a link to share with your friends. Every time one of your friends opens an account, you will receive another free stock valued between $5 and $500. Click here to learn more about this Special Robinhood offer.

Claim your free stock NOW (before it’s too late)



Comments are closed.