StreetInsider.com News Articles

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Brokerage firm Rosenblatt Research is urging investors to buy the dip in a cybersecurity stock after it fell despite beating every guided metric for the quarter, arguing the selloff reflects concerns unrelated to underlying demand.

Analyst Catharine Trebnick said Palo Alto Networks (NASDAQ: PANW) beat every guided metric in its fiscal fourth quarter and guided fiscal 2027 above consensus on revenue, annual recurring revenue (ARR) and earnings per share (EPS), yet the stock still tumbled 9.3% in the following session.

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Buy this cybersecurity stock after earnings selloff: Rosenblatt

Fri, 04 Sep 2026 08:30:00 -0400

Revenue of $3.41 billion, up 34% year over year, topped the company's $3.345 billion to $3.355 billion guidance. Next-generation security annual

Credo Tech (CRDO) PT Lowered to $310 at JPMorgan, Overweight Rating Maintained

Wed, 02 Sep 2026 09:28:18 -0400

(Updated - September 2, 2026 9:28 AM EDT)

JPMorgan analyst Joseph Cardoso lowered the price target on Credo Tech (NASDAQ: CRDO) to $310.00 (from $335.00) while maintaining an Overweight rating.

The analyst commented, "Credo’s F1Q27 print reinforced that the company remains firmly on course for strong growth across both its copper and optical portfolios, supporting a raise to FY27 revenue growth guidance of 85%+ y/y. That said, relative to buy-side expectations, the raised outlook is likely to disappoint not only in magnitude, but also more specifically on the optical ramp, where management reiterated its expectation for optical-related revenue to track to $600mn+,

Credo Tech (CRDO) PT Lowered to $310 at JPMorgan, Overweight Rating Maintained

Wed, 02 Sep 2026 09:28:18 -0400

(Updated - September 2, 2026 9:28 AM EDT)

JPMorgan analyst Joseph Cardoso lowered the price target on Credo Tech (NASDAQ: CRDO) to $310.00 (from $335.00) while maintaining an Overweight rating.

Credo Tech (CRDO) PT Raised to $235 at Rosenblatt

Wed, 02 Sep 2026 07:21:33 -0400

(Updated - September 2, 2026 7:21 AM EDT)

Rosenblatt analyst Mike Genovese raised the price target on Credo Tech (NASDAQ: CRDO) to $235.00 (from $215.00) while maintaining a Neutral rating.

The analyst commented: "We are increasing FY27 and FY28 estimates, and raising our price target to $235, from $215, based on 25x FY28 EPS. We are maintaining our Neutral rating because we want to see more proof points on ZF Optics and Dust Photonics PIC revenues. In addition, we don't like that the company is still talking about a MicroLED ramp in FY28 when this looks to be even less likely than

Credo Tech (CRDO) PT Raised to $235 at Rosenblatt

Wed, 02 Sep 2026 07:21:33 -0400

(Updated - September 2, 2026 7:21 AM EDT)

Rosenblatt analyst Mike Genovese raised the price target on Credo Tech (NASDAQ: CRDO) to $235.00 (from $215.00) while maintaining a Neutral rating.

Needham Reiterates Buy Rating on Credo Tech (CRDO)

Wed, 02 Sep 2026 05:43:22 -0400

Needham analyst N. Quinn Bolton reiterated a Buy rating and $275.00 price target on Credo Tech (NASDAQ: CRDO)

The analyst comments "Credo reported another beat and raise quater, as near-term revenue growth continues to be driven by AEC proliferation and increasing optical revenues. Our key takeaways include: 1) Management reaffirmed its expectation for >$600MM of optical revenues in FY27 split between ZF Optics, DSPs, and PICs with an inflection coming in F2H27. Each product line is expected to contribute >$100MM in revenue for the year; 2) 800G AEC demand is expected to persist through FY27, with initial 1.6T revenue in F2H27

Credo Tech (CRDO) PT Lowered to $275 at BofA Securities

Wed, 02 Sep 2026 05:18:13 -0400

BofA Securities analyst Vivek Arya lowered the price target on Credo Tech (NASDAQ: CRDO) to $275.00 (from $340.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy as CRDO’s growth mix shifts from decelerating (but still growing) AECs toward optics, which we believe can drive strong company growth through FY27-29 (41% sales CAGR) and reduce the stock’s dependence on copper. F1Q27 sales of $479mn landed slightly above consensus while $530m 2Q27 guidance landed +2.5% ahead. We expect optics ramps (particularly ZF optics) to drive sequential acceleration through FY27E, now set to grow +85% YoY. We remain constructive given

Credo Tech (CRDO) PT Lowered to $275 at BofA Securities

Wed, 02 Sep 2026 05:18:13 -0400

BofA Securities analyst Vivek Arya lowered the price target on Credo Tech (NASDAQ: CRDO) to $275.00 (from $340.00) while maintaining a Buy rating.

Stifel Reiterates Buy Rating on Credo Tech (CRDO)

Wed, 02 Sep 2026 04:58:54 -0400

Stifel analyst Tore Svanberg reiterated a Buy rating and $350.00 price target on Credo Tech (NASDAQ: CRDO).

The analyst comments "• Jul Q beat, with revenue of $479.0mn (+9.6% q/q) coming in +1.9% higher than our $470.0mn estimate, with the top line driven primarily by AECs, but record contributions from retimers and optical DSPs in the Q. • Raised Oct Q guide, with the $530.0mn revenue guidance midpoint coming in +5.4% higher than our $502.9mn prior estimate. • FY27E revenue growth guide raised to +85% y/y (from +80% y/y). Progress on optical continues as merchant PICs and ZF optics began contributing

After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI