Informatica Inc. develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-cloud, hybrid systems at enterprise scale in the United States. The company's platform includes a suite of interoperable data management products, including data integration products to ingest, transform, and integrate data; API and application integration products that enable users to create and manage APIs and integration processes for app-to-app synchronization, business process orchestration, B2B partner management, application development, and API management; data quality products to profile, cleanse, standardize, and enrich data to deliver accurate, complete, and consistent data sets for analytics, data science, governance, and other initiatives; and master data management products to create an authoritative single source of truth of business-critical data to reduce data related errors and remove redundancies. Its platform also includes customer and business 360 products to create, visualize, and browse comprehensive 360-degree views of business-critical data; data catalog products that enables customers to quickly find, access, and understand enterprise data using a simple Google-like search experience; and governance and privacy products that help users govern data, enable compliance with regulatory and corporate policies, and drive broader data consumption. The company also offers maintenance and professional services. Informatica Inc. was incorporated in 2021 and is headquartered in Redwood City, California.
IPO Year: 2021
Exchange: NYSE
Website: informatica.com
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 |
6/27/2022 | $40.00 → $28.00 | Buy → Neutral | Goldman |
2/17/2022 | $35.00 → $32.00 | Neutral | Credit Suisse |
Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that Ricoh Company, Ltd., a leading provider of document management solutions, has chosen Informatica's Intelligent Data Management Cloud™ (IDMC) to accelerate the company's GLIDER data infrastructure project which will support the overall business transformation of Ricoh becoming a digital services company. The GLIDER project calls for consolidation of raw data from sales, inventory and operations, from Ricoh Group operating over 50 companies globally, and establishes a system for centralized data processing and analysis at the headquarters. GLIDER aims to promote Return On Invested Capital (
Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that FUJIFILM Holdings Corporation (FUJIFILM) has implemented Informatica's Master Data Management (MDM) solution to manage master data to unify their data strategy and drive centralized decision-making. Fujifilm chose Informatica's MDM to combine data across multiple source systems resulting from decades-long business expansion and transformations. Starting as a photographic filmmaker in 1934, FUJIFILM embarked on a company-wide transformation in 2000 with a mission to diversify into different product lines including healthcare, material business, business innovation and imaging. Over the dec
Informatica announces general availability of IDMC services for Oracle Cloud Infrastructure that includes Cloud Data Governance & Catalog, PowerCenter Cloud Edition, and Metadata Scanners for Oracle GoldenGate 23ai Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced the availability of a new blueprint for Oracle Cloud Infrastructure (OCI) Generative AI (GenAI) to support the deployment and scaling of enterprise-grade GenAI applications. The AI blueprint enables business and technical users to have conversational experiences with any large language model (LLM). The integration of Informatica's Intelligent Data Management Cloud (IDMC) platform w
Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that it has been selected by leading Australian lenders mortgage insurer, Helia, to help the company accelerate claims processing with more robust data governance and streamlined data management. Lenders mortgage insurers such as Helia are in demand to help home buyers overcome the 20% deposit challenge, which has become even harder to achieve with the rising cost-of-living making it harder to save or meet mortgage repayments. As Australia's first lenders mortgage insurance provider, Helia reduces financial risk for its lender customers helping home buyers achieve their home ownership dreams s
Independent Research Firm names Informatica a Leader in Enterprise Data Catalogs report. Dresner Advisory Services ranks Informatica No. 1 in its rankings for enterprise data catalogs. Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced it has been recognized by two prominent research firms, Forrester Research and Dresner Advisory Services, as a leader in enterprise data catalog technology. The company was named a Leader in The Forrester Wave™ Enterprise Data Catalogs, Q3 2024. Additionally, Dresner Advisory Services Data Catalog Study, 2024 Edition gave Informatica's comprehensive data catalog capabilities its highest rating. Data catalogs
Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that SUBARU Corporation (SUBARU) has chosen to implement Informatica's AI-powered Intelligent Data Management Cloud™ (IDMC), to enable the automaker to drive a global-scale data integration project. SUBARU was faced with siloed data and utilization issues in 2019 with each department and operation handling data in isolated systems which resulted in disparate data. In 2020, SUBARU launched their global PLM (Product Lifecycle Management) project with an aim to consolidate data from business-critical processes, from vehicle development to production and after-sales maintenance, and develop a com
Lumen achieves one source of trusted data and reduces manual workload by over one thousand hours Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that Lumen Technologies, a global integrated network solutions provider, has successfully modernized their on-premises PowerCenter workloads to Informatica's Intelligent Data Management Cloud (IDMC) platform, accelerating time-to-value and minimizing migration costs and effort in its expansion to the cloud. Lumen faced several data and IT challenges caused by mergers and acquisitions, such as data quality, latency, duplication and reconciliation issues. Lumen partnered with Informatica to create
Afflelou Leverages the Company's Intelligent Data Management Cloud™ Platform to Make Business-Critical Decisions Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that Alain Afflelou, a top global franchise provider for optical and auditory solutions, is using Informatica's AI-powered Intelligent Data Management Cloud™ (IDMC) platform to govern the data collected from its franchisees in 19 countries to make business-critical decisions. Alain Afflelou was founded in France in 1972. Today, the company has grown to more than 1,400 independently-owned franchise stores throughout the world offering vision and hearing health solutions. Afflelou'
Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced it has been certified by J.D. Power for providing an "Outstanding Customer Service Experience." This is the fourth consecutive year the company has received this distinction in the prestigious Certified Assisted Technical Support Program℠. This program evaluates overall customer satisfaction and operational competence and recognizes companies' effectiveness and success in customer service. J.D. Power conducts annual audits and surveys with global organizations on various parameters. Our Global Customer Support (GCS) and cross-functional teams underwent a rigorous evaluation process against 95
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
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.
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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.
Throughout the last three months, 5 analysts have evaluated Informatica (NYSE:INFA), offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 2 0 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Informatica and provided 12-month price targets. The average target is $40.4, accompanied by a high estimate of $43.00 and a low estimate of $37.00. A negative shift in sentimen
RBC Capital analyst Matthew Hedberg reiterates Informatica (NYSE:INFA) with a Outperform and maintains $41 price target.
Second Quarter 2024 Ending June 30, 2024:GAAP Total Revenues are expected to be in the range of $394 million to $410 million, representing approximately 6.9% year-over-year growth at the midpoint of the range.Subscription ARR is expected to be in the range of $1.168 billion to $1.188 billion, representing approximately 13.0% year-over-year growth at the midpoint of the range.Cloud Subscription ARR is expected to be in the range of $687 million to $697 million, representing approximately 35.0% year-over-year growth at the midpoint of the range.Non-GAAP Operating Income is expected to be in the range of $107 million to $119 million, representing approximately 29.1% year-over-year growth at the
Informatica (NYSE:INFA) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.21 by 4.76 percent. The company reported quarterly sales of $388.61 million which beat the analyst consensus estimate of $387.36 million by 0.32 percent. This is a 6.34 percent increase over sales of $365.43 million the same period last year.
International Business Machines Corporation (NYSE:IBM) is reportedly on the verge of acquiring cloud software provider HashiCorp Inc (NYSE:HCP), signaling potential growth for both entities. An acquisition of HashiCorp would likely entail a premium above its current stock value, reported The Wall Street Journal. Citing sources familiar with the matter, the report suggested that a deal for HashiCorp is likely to materialize soon, although there’s a possibility it may not proceed. HashiCorp, headquartered in San Francisco, specializes in cloud infrastructure setup, boasting partnerships with numerous tech giants, including Cisco Systems Inc (NASDAQ:CSCO), RedHat (owned by IBM), and Da
Salesforce Inc (NYSE:CRM) advocates for increased environmental regulation of artificial intelligence, pointing out the technology sector’s high energy usage and lack of emissions reporting. On Monday, the software developer announced its intention to push lawmakers and regulators to develop legislation that mandates AI emissions disclosure using standardized measurement and reporting metrics. Megan Lorenzen, Salesforce’s director of climate and energy, emphasized AI’s dual potential to worsen or mitigate environmental challenges. Also Read: Salesforce Leverages AI and Data Cloud for Future Expansion, Eyes Significant Margin Gains and Sustained Growth, Analyst Says Salesforce s
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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
Guggenheim initiated coverage of Informatica with a rating of Buy and set a new price target of $24.00
Scotiabank initiated coverage of Informatica with a rating of Sector Perform and set a new price target of $15.00
Citigroup downgraded Informatica from Buy to Neutral and set a new price target of $18.00 from $23.00 previously
UBS downgraded Informatica from Buy to Neutral and set a new price target of $18.00 from $24.00 previously
FBN Securities initiated coverage of Informatica with a rating of Outperform and set a new price target of $35.00
Goldman downgraded Informatica from Buy to Neutral and set a new price target of $28.00 from $40.00 previously
Credit Suisse reiterated coverage of Informatica with a rating of Neutral and set a new price target of $32.00 from $35.00 previously
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
Informatica (NYSE:INFA), a leader in enterprise cloud data management, today announced it will report financial results for the second quarter 2024, which ended June 30, 2024, following the close of the U.S. markets on Tuesday, July 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 653349. A live webcast and replay of the conference call and earnings presentation materials will be available on the investor relations page of Informatica's compan
Cloud Subscription Annualized Recurring Revenue (ARR) increased 35% year-over-year to $653 million Subscription ARR increased 13% year-over-year to $1.16 billion Exceeds mid-point of guidance across all first quarter 2024 metrics Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced financial results for its first quarter 2024, ended March 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240501063501/en/Source: Informatica "We achieved strong first quarter results as we continue to execute our cloud-only strategy and have become the AI-powered data management platform for mission-
Updates First Quarter 2024 Financial Outlook Company Not Engaged in Acquisition Discussions Announces Chief Product Officer Jitesh Ghai Departure Informatica (NYSE:INFA), (the "Company"), an enterprise cloud data management leader, today provided the following business and financial updates. The Company announced today it is updating its first quarter 2024, ended March 31, 2024, financial outlook. The Company expects GAAP Total Revenues, Subscription ARR, Cloud Subscription ARR and Non-GAAP Operating Income to be all within the upper half of the guidance ranges previously provided by the Company in its February 14, 2024, earnings press release. In addition, the Company expects to re
Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced it will report financial results for the first quarter 2024, which ended March 31, 2024, following the close of the U.S. markets on Wednesday, May 1, 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 740918. A live webcast and replay of the conference call and earnings presentation materials will be available on the investor relations page of Informatica's company
Cloud Subscription Annual Recurring Revenue (ARR) in the fourth quarter and full-year 2023 increased 37% year-over-year to $617 million Subscription ARR in the fourth quarter and full-year 2023 increased 14% year-over-year to $1.13 billion Total ARR in the fourth quarter and full-year 2023 increased 7% year-over-year to $1.63 billion GAAP Total Revenues in the fourth quarter 2023 increased 12% year-over-year to $445 million and in the full-year 2023 increased 6% year-over-year to $1.60 billion Exceeds high end of guidance across all fourth quarter and full-year 2023 metrics Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced financial results
Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced it will report financial results for the fourth quarter and fiscal year 2023, which ended December 31, 2023, following the close of the U.S. markets on Wednesday, February 14, 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 148703. A live webcast and replay of the conference call and earnings presentation materials will be available on the investor relations page
Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced it will report financial results for the third quarter of fiscal year 2023, which ended September 30, 2023, following the close of the U.S. markets on Wednesday, November 1, 2023. 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 513620. A live webcast and replay of the conference call and earnings presentation materials will be available on the investor relations page o
Subscription annual recurring revenue (ARR) in the second quarter increased 16% year-over-year to $1.04 billion Cloud Subscription ARR in the second quarter increased 37% year-over-year to $513 million Completed the acquisition of Privitar Exceeds high end of guidance across all Q2 2023 metrics; raises full-year 2023 non-GAAP operating income and adjusted unlevered free cash flow (after-tax) guidance Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced financial results for its second quarter 2023, ended June 30, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230802263241/en/Inf
Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced it will report financial results for the second quarter of fiscal year 2023, which ended June 30, 2023, following the close of the U.S. markets on Wednesday, August 2, 2023. 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 237691. A live webcast and replay of the conference call and earnings presentation materials will be available on the investor relations page of Info