What Can We Expect Following a Cloudera (NYSE:CLDR) Upgrade By BidaskScore?

Cloudera (NYSE:CLDR) Stock Upgrade

BidaskScore has decided to issue a report indicating that Cloudera (NYSE:CLDR) shares are now a ‘Hold’ in analysts note issued to investors and clients on 17 May.

Cloudera, Inc. (NYSE:CLDR) Ratings Coverage

Among 3 analysts covering Cloudera (NYSE:CLDR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Cloudera has $16 highest and $16 lowest target. $16’s average target is 49.95% above currents $10.67 stock price. Cloudera had 4 analyst reports since March 11, 2019 according to SRatingsIntel. As per Tuesday, March 12, the company rating was maintained by Morgan Stanley. The firm has “Neutral” rating by Wedbush given on Thursday, March 14.

The stock decreased 1.48% or $0.16 during the last trading session, reaching $10.67. About 2.63M shares traded. Cloudera, Inc. (NYSE:CLDR) has declined 20.58% since May 18, 2018 and is downtrending. It has underperformed by 24.95% the S&P500.

Analysts await Cloudera, Inc. (NYSE:CLDR) to report earnings on June, 5. They expect $-0.37 EPS, down 8.82 % or $0.03 from last year’s $-0.34 per share. After $-0.41 actual EPS reported by Cloudera, Inc. for the previous quarter, Wall Street now forecasts -9.76 % EPS growth.

Cloudera, Inc. operates a data management, machine learning, and analytics software platform in the United States, Europe, and Asia. The company has market cap of $2.93 billion. The companyÂ’s platform delivers an integrated suite of capabilities for data management, machine learning, and analytics to clients for transforming their businesses. It currently has negative earnings. It provides Cloudera Essentials and Cloudera Enterprise solutions; Cloudera Data Science for programmatic preparation, predictive modeling, and machine learning; Cloudera Real Time for online, streaming, and real-time applications; and Cloudera Analytics for business intelligence and SQL analytics.

More notable recent Cloudera, Inc. (NYSE:CLDR) news were published by: Globenewswire.com which released: “New Research Coverage Highlights Carriage Services, SK Telecom Co., Cloudera, and Bassett Furniture Industries — Consolidated Revenues, Company Growth, and Expectations for 2019 – GlobeNewswire” on May 07, 2019, also Seekingalpha.com with their article: “At What Point Is Cloudera A Buy? – Seeking Alpha” published on April 01, 2019, Finance.Yahoo.com published: “Here is What Hedge Funds Think About United Community Banks Inc (UCBI) – Yahoo Finance” on May 02, 2019. More interesting news about Cloudera, Inc. (NYSE:CLDR) were released by: Fool.com and their article: “Is Cloudera a Buy? – The Motley Fool” published on March 17, 2019 as well as Seekingalpha.com‘s news article titled: “Hold Off On Cloudera And Hortonworks – Seeking Alpha” with publication date: October 15, 2018.

Cloudera, Inc. (NYSE:CLDR) Ratings Chart

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