Warning: Market Flash Flooding Alert!
There is a wealth of companies reporting this week and some will go Boom - some will go Bust - and others will continue to continue-on with a barely discernible whimper.
Note 1: Rather than go into all that amateur disclaimer stuff I will simply say that I ain’t nothing but a Hound Dog and if you’re looking help catching rabbits you’re in the wrong place.
Note 2) I have truly lamentable math skills which seem to actually get worse when I am sober. Best check stuff out yourself.
Here is a Basic List:
A) Reporting Tuesday May 30:
- Ambarella - AMBA
B) Reporting Wednesday May 31:
- Salesforce, Inc - CRM
- CrowdStrike Holdings - CRWD
- Veeva Systems - VEEV
- NetApp, Inc - NTAP
- Okta, Inc - OKTA
- Pure Storage, Inc - PSTG
C) Reporting Thursday June 1:
1.) Lululemon Athletica - LULU
2.) nCino, Inc - NCNO
3.) MongoDB, Inc - MDB
4.) VMWare, Inc - VMW
5.) Zscaler, Inc - ZS
6.) SentinelOne, Inc - S
7.) Five Below, Inc - FIVE
8.) Elastic N.V. - ESTC
9.) Guidewire Software, Inc - GWRE
10 Samsara - IOT
11 C3.ai, Inc - AI
12 Broadcom Inc - AVGO
D) Reporting Friday June 2
- Asana, Inc - ASAN
- PagerDuty, Inc - PD
Note: I think these are accurate reporting dates but I could have it all mucked up. Better check if you are interested.
What follows are brief memory joggers of the ones I am most interested in:
- Ambarella Inc - AMBA: Reports May 30 After the Close
AMBA has that sexy AI stuff attached to its resume: something or other about being an “edge” AI semiconductor
thingy connected somehow with the EV market. Dunno really - but the stock popped over 8% per share in celebration with the NVDA party. So…theres that.
Current Price: $77.74
About 22% Below its High
Market Cap: $3.1B
5 Day Momentum: +7.7%
EV/Sales (fwd): 9.96
The company last reported way back on Feb 28 with negative YOY Revenue Growth. You can read all about it here:
Or you can save yourself some time by glancing at the post report headline:
Here is a positive Scouting Report:
- Salesforce - CRM: Reports May 31 After the Close
Lots of people suggesting/predicting that subsequent to its report CRM investors will get Happy Feet. Hope so - CRM is most certainly a semi Marker Influencer (MI).
Current Price: $215.44
Sitting Just Below its High
Market Cap: $211B
5 Day Momentum: +2.47%
EV/Sales (fwd): 6,16
Last Report: Beats on EPS and Revenue with overall Revenue Growth of over 14% YOY. Here is the Press Release and the post report Headline:
- CrowdStrike - CRWD: Reports May 31 After the Close
CRWD has been a rocket ship over the last month gaining +24.8% and surprising some tech investors who had left it for dead; which, It’s evidently not.
Current Price: $154.12
About 25% Below Its High
Market Cap: $36.7B
5 Day Momentum: +6.27%
EV/Sales (fwd): 11.56
The company last reported FQ4 back In March with +47.88% Revenue Growth accompanied by Record Net New ARR and Record Cash Flow. You can review the Press Release and post market Headline here:
- MongoDB, Inc - MDB: Reports June 1 After the Close
On April 25th MDB was meandering along at about $212 - and then, subsequent to MSFT’s ER decided it was a contender and after a brief stop to tie its shoe - has sprinted into its very own ER finish line. Company stock now sits at $283 + with a magnificent - and highly notable - short term gain of about 33% or so. The question now is if they are at the top of their game - peaking, so to say, or if there is more in the tank. Long term - Yes: Short Term - Who Knows?
Current Price: $283.66
About 27% Below its High
Market Cap: $20B
5 Day Momentum: +3.32%
EV/Sales (fwd): 12.84
The company last reported back in early March for FQ4 which produced Revenue Growth of +35.58%. Here is the Press Release and the after report Headline:
Special Note: Cestrian Capital Research was right - doncha know!
- Zscaler, Inc - ZS: Reports June 1 After the Close
ZS bottomed around May 2 at about $87 a share, Since then it has tacked on $43.62 per share for a short term gain of just over 50%.
Current Price: $130.62
About 33% Below its High
Market Cap: $19B
5 Day Momentum: +2.81%
EV/Sales (fwd): 11.56
The company reported FQ4 earnings on March 7 with solid Revenue Growth of +51.66% and a fantastic surge in Non-GAAP net income of $57.6M compared to $19.2M on a YOY basis. Here is the Press Release and post report Headline:
Note: Mr Wiggins article hasn’t aged all that well.
- SentinelOne - S: Reports June 1 After the Close
This is one report in particular that I am waiting for with great and eager anticipation: seems like its time for Sentinel to put up or shut up - walk the walk - cash flow talks and BS walks! Or something very like that in my exceptionally humble opinion. They either belong with the. Big Boys like CRWD and ZS - or they don’t. Course they could be something in between - a tweener.
Current Price: $20.65
About 31% Below its High
Market Cap: $6B
5 Day Momentum: +8.88%
EV/Sales (fwd): 8.50
On their last ER the company reported +92.1% Revenue Growth - a nice 3 Cent Beat on Non-GAAP EPS with ARR increasing 88% YOY. Not to shabby! S bottomed at about
$15.52 per share in early May: since then it’s been up and to the right with a short term gain of about 33%.
Here is its last ER Press Release:
Here is a sample of the latest sentiment:
- Samsara - IOT: Reports June 1 After the Close
Nothing much to say here - have more of IOT than I think I should and might lighten up a bit before the report. Might not though - in for a penny in for a pound I suppose. Maybe. Dunno.
Current Price: $19.06
About 15.5% Below its High.
Market Cap: $10.1B
5 Day Momentum: -6% (Not especially a strong vote of confidence in the upcoming report)
EV/Sales (fwd): 11.10
The company has really nice results after it reported FQ4 2023 back in early March. Revenue Growth came in at +48.3% and customer growth up 53% YOY. Press Release and post report Headline here:
All the Best,