Okta named Bull of the Day and Dell Technologies as Bear of the Day by Zacks
From NASDAQ.: 2025-02-14 07:56:00
Zacks Equity Research names Okta as the Bull of the Day and Dell Technologies as the Bear of the Day. Okta’s stock has shown potential gains of 15-20% after slipping down to $80. With an upcoming Q4 FY25 report, analysts have increased EPS growth consensus to 73%. Okta has recovered from a security breach and is focusing on new AI threats. Okta also announced partnerships with McLaren and Apple for enhanced security solutions. On the other hand, Dell Technologies is expected to guide below expectations for fiscal year 2026 due to near-term challenges. Analysts anticipate downward revisions in EPS guidance and margin pressure in the Infrastructure Solutions Group. Despite challenges, Dell offers relative value, with Morgan Stanley analysts optimistic about the company’s future. Cisco Systems reported strong second-quarter fiscal 2025 earnings, beating estimates and recording revenue growth. The acquisition of Splunk and the launch of AI-powered Hypershield have strengthened Cisco’s portfolio. The company raised its projections for fiscal 2025, with improved estimates for EPS and revenues. Analysts expect further increases in estimates following the impressive earnings report. Cisco shares currently have a Zacks Rank #2 (Buy) and show potential for upward movement. Cisco’s forward P/E ratio, return on equity, and short-term price target indicate favorable prospects for investors. Cisco is well-positioned for growth in the near term.
Read more at NASDAQ.: Okta and Dell in the Box have been highlighted as Zacks Bull and Bear of the Day
