Northland Securities analyst Nehal Chokshi reiterated a Hold rating on Cloudera (NYSE:CLDR) Inc on Wednesday, setting a price target of $16, which is approximately 0.44% above the present share price of $15.93.
Chokshi expects Cloudera Inc to post earnings per share (EPS) of -$0.18 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Cloudera, with an average price target of $15.17.
The analysts price targets range from a high of $16 to a low of $13.
In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $226.56 million and a net profit of -$51.6 million. The company's market cap is $4.68 billion.
According to TipRanks.com, Northland Securities analyst Nehal Chokshi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.0% and a 63.78% success rate.
Cloudera, Inc. engages in the provision of enterprise-grade, global data management platforms, services and solutions. It offers enterprise data hub, data warehouse, sata science and engineering, operational database, Cloudera DataFlow (CDF), Hortonworks Data Platform (HDP), and data science workbench. It operates through Subscription, and Services segments. The company was founded in 2008 by Amr A. Awadallah, Christophe Bisciglia, Michael Olson and Jeffrey Hammerbacher and is headquartered in Palo Alto, CA.