Guggenheim initiated coverage on Informatica with a new price target
$INFA
Computer Software: Prepackaged Software
Technology
Guggenheim initiated coverage of Informatica with a rating of Buy and set a new price target of $24.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/3/2024 | $43.00 | Outperform | Robert W. Baird |
| 2/16/2024 | $26.00 → $44.00 | Neutral → Buy | Goldman |
| 11/14/2023 | $25.00 | Neutral | DA Davidson |
| 1/27/2023 | $24.00 | Buy | Guggenheim |
| 1/18/2023 | $15.00 | Sector Perform | Scotiabank |
| 1/12/2023 | $23.00 → $18.00 | Buy → Neutral | Citigroup |
| 1/3/2023 | $24.00 → $18.00 | Buy → Neutral | UBS |
| 9/13/2022 | $35.00 | Outperform | FBN Securities |
The advanced solutions include an easy-to-implement Blueprint for Azure OpenAI Service, enhanced SQL ELT and support for Apache Iceberg open table format Informatica ((INFA), a leader in enterprise AI-powered cloud data management, today announced three advanced capabilities for Microsoft Azure that will help customers build, deploy and activate AI and Analytics-driven innovations with trusted data. These transformative additions empower enterprises worldwide to unlock the full potential of GenAI and analytics using Microsoft's AI and Analytics services including Microsoft Azure OpenAI Service. The new capabilities are: Gen AI Blueprint for Azure OpenAI Service – Accelerates developm
Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that a committee of its Board of Directors approved the commencement of repurchases of its Class A common stock through open market transactions under a $400 million stock repurchase authorization that was approved by Informatica's Board of Directors on October 29, 2024. Informatica expects to repurchase approximately $100 million of its Class A common stock by the end of 2024. The actual amount repurchased will depend on a variety of factors, including stock price, trading volume, and general business and market conditions. Therefore, there can be no assurances as to the timing and quantity
Media Alert – Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced the expansion of the industry's first enterprise GenAI-powered data management assistant, CLAIRE® GPT, in Europe and Asia Pacific (APAC), following the launch in North America in May 2024. With this expansion, CLAIRE® GPT's global footprint now includes a Europe and an APAC PoD (Point of Delivery), now providing regional availability across these regions and meeting customer demands with data residency, regulatory and application performance requirements. Joining the existing North America regions, the expansion enables customers with more delivery options to innovate with data
4 - Informatica Inc. (0001868778) (Issuer)
4 - Informatica Inc. (0001868778) (Issuer)
4 - Informatica Inc. (0001868778) (Issuer)
Cloud Subscription Annualized Recurring Revenue (ARR) increased 36% year-over-year to $748 million Total ARR increased 6.7% year-over-year to $1.68 billion Surpassed 100 trillion in monthly processed cloud transactions Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced financial results for its third quarter 2024, ended September 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030921377/en/Source: Informatica Q3 2024 "Q3 was another impressive quarter for us, driven by customer demand for the IDMC platform and continued successful execution of our cloud-only, consu
Informatica (NYSE:INFA), a leader in enterprise cloud data management, today announced it will report financial results for the third quarter 2024, which ended September 30, 2024, following the close of the U.S. markets on Wednesday, October 30, 2024. Informatica will hold a conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its quarterly financial results. The conference call can be accessed by dialing (833) 470-1428 from the United States or (404) 975-4839 internationally with access code 408713. A live webcast and replay of the conference call and earnings presentation materials will be available on the investor relations page of Informatica's
Cloud Subscription Annualized Recurring Revenue (ARR) increased 37% year-over-year to $703 million Total ARR increased 7.8% year-over-year to $1.67 billion Results within or above all second quarter 2024 guidance metric ranges Raises full-year 2024 Cloud Subscription ARR, Subscription ARR, Non-GAAP Operating Income and Adjusted Unlevered Free Cash Flow (after-tax) guidance; updates Total Revenue guidance Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced financial results for its second quarter 2024, ended June 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2024
SC 13G/A - Informatica Inc. (0001868778) (Subject)
SC 13G/A - Informatica Inc. (0001868778) (Subject)
SC 13G - Informatica Inc. (0001868778) (Subject)
8-K - Informatica Inc. (0001868778) (Filer)
424B7 - Informatica Inc. (0001868778) (Filer)
424B7 - Informatica Inc. (0001868778) (Filer)
Throughout the last three months, 6 analysts have evaluated Informatica (NYSE:INFA), offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 4 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 1 3 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $39.83, a high estimate of $43.00, and a low estimate of $37.00. A 2.85% drop is evident in the current average compared to the previous
Guggenheim analyst Howard Ma reiterates Informatica (NYSE:INFA) with a Buy and maintains $37 price target.
Box, Inc. (NYSE:BOX) today announced the appointment of Amit Walia to its Board of Directors, effective immediately. Walia brings more than 25 years of deep industry expertise, including his operating roles as CEO of Informatica and President of Products and Marketing at Informatica, as well as leadership roles at Symantec Corporation, Intuit Inc., and McKinsey & Company. "Amit's deep technology experience and extensive expertise leading operations, product, and marketing teams at global technology enterprises in areas of cloud data management, data governance and cybersecurity will be a valuable addition to our Board of Directors," said Bethany Mayer, Chair of the Box Board. "We're excite
REDWOOD CITY, Calif., Jan. 24, 2022 /PRNewswire/ -- Informatica (NYSE:INFA), the enterprise cloud data management leader, today announced the appointment of Jim Kruger, Executive Vice President (EVP) & Chief Marketing Officer (CMO). Kruger joins Informatica from Veeam Software where he was the Chief Marketing Officer driving innovation across every aspect of Veeam's marketing organization. He brings over 25-years of experience with demonstrated success in driving demand-generation, sales acceleration, product and solution marketing and brand equity for large scale enterprise software companies.
Robert W. Baird initiated coverage of Informatica with a rating of Outperform and set a new price target of $43.00
Goldman upgraded Informatica from Neutral to Buy and set a new price target of $44.00 from $26.00 previously
DA Davidson initiated coverage of Informatica with a rating of Neutral and set a new price target of $25.00