Cloudera (CLDR) PT Lowered to $18.00 at Mizuho

Cloudera (NYSE:CLDR) had its target price decreased by investment analysts at Mizuho from $23.00 to $18.00 in a note issued to investors on Friday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Mizuho’s target price would indicate a potential upside of 29.40% from the company’s previous close.

CLDR has been the subject of a number of other reports. Citigroup raised shares of Cloudera from a “neutral” rating to a “buy” rating and increased their price target for the stock from $17.18 to $23.00 in a research report on Wednesday, January 10th. Needham & Company LLC assumed coverage on shares of Cloudera in a research report on Friday, January 12th. They issued a “buy” rating and a $22.00 price target for the company. Morgan Stanley lowered shares of Cloudera from a “hold” rating to a “neutral” rating in a research report on Thursday, April 5th. Zacks Investment Research raised shares of Cloudera from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research report on Monday, January 15th. Finally, Stifel Nicolaus reduced their price target on shares of Cloudera from $24.00 to $19.00 and set a “buy” rating for the company in a research report on Wednesday, April 4th. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $20.70.

CLDR stock opened at $13.91 on Friday. Cloudera has a one year low of $12.57 and a one year high of $23.35.



Cloudera (NYSE:CLDR) last posted its quarterly earnings data on Tuesday, April 3rd. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.12. Cloudera had a negative net margin of 104.99% and a negative return on equity of 154.35%. The company had revenue of $103.50 million during the quarter, compared to analyst estimates of $98.63 million. The firm’s quarterly revenue was up 42.2% compared to the same quarter last year. analysts forecast that Cloudera will post -1.38 earnings per share for the current fiscal year.

In other Cloudera news, Director Michael A. Stankey acquired 25,000 shares of the business’s stock in a transaction that occurred on Monday, April 9th. The shares were purchased at an average price of $12.99 per share, with a total value of $324,750.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Olson sold 55,238 shares of the firm’s stock in a transaction that occurred on Wednesday, April 11th. The shares were sold at an average price of $16.89, for a total transaction of $932,969.82. The disclosure for this sale can be found here.

A number of institutional investors and hedge funds have recently modified their holdings of CLDR. SeaCrest Wealth Management LLC bought a new position in Cloudera during the fourth quarter valued at approximately $124,000. Amalgamated Bank bought a new position in Cloudera during the fourth quarter valued at approximately $220,000. Bluestein R H & Co. bought a new position in Cloudera during the fourth quarter valued at approximately $248,000. Keybank National Association OH bought a new position in Cloudera during the fourth quarter valued at approximately $350,000. Finally, Crestline Management LP bought a new position in Cloudera during the fourth quarter valued at approximately $363,000. 74.74% of the stock is currently owned by hedge funds and other institutional investors.

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Cloudera Company Profile

Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.

Analyst Recommendations for Cloudera (NYSE:CLDR)

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