FMP
Mar 19, 2023 11:49 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Image credit: FMP
Oppenheimer downgraded DigitalOcean Holdings, Inc. (NYSE:DOCN) to Perform from Outperform. Despite organic revenue being essentially flat for three quarters, the company aggressively guided to 23% revenue growth in 2023. The company is indexed to SMBs, which the analysts expect to come under more pressure as funding becomes scarce, and we enter a potential recession.
The company recently extended its $1.0 billion revenue guidance from 2024 to 2025, but analysts now see 2026 as more likely. Positively, Free cash flow is a major focus, guided to 22% for 2023, but cloud is a capital-intensive business and prior stalwarts have rarely sustained 25%- plus fee cash flow margins perpetually.
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...