Palo Alto Networks, Inc., a cloud-based internet security company fell as much as 15% on Friday despite a lack of any kind of news. We saw a free fall of cloud-based tech stocks on Friday, despite positive earnings reports and “Buy” recommendations from brokers.

PANW – Palo Alto Networks, Inc
Fundamentals Previously closed at 127.51
Days high 139.89
Days low 123.8
P/E ratio N/A
EPS -2.09

 

Analyst opinion Despite “Buy” broker rating, analysts believe the stocks might plunge further, unless the quarterly report to be released on 25th Feb acts as a bullish catalyst.
Sentiments The fundamental indicators for the stock are negative. With the P/S and P/B of 10.61 and 19.95 respectively. Analysts expect a mean price of ~$209.
With 3 insiders i.e, the CFO, CTO and CMO, selling more than 150 shares each on Jan 21st, the stock prices have plunged.
While the business itself is doing well, Analysts believe that there are good times ahead for the stock.
Revenue prediction With a revenue of $928.05 Million revenue for the year 2015, PACW has had a substantial growth in the last year despite troublesome market conditions and it is expected to perform well through 2016.
Social pulse Social Media pulse is 100% higher than normal, with a lot of social chatter.

 

Salesforce.com, Inc. is a provider of enterprise cloud computing solutions that include apps and platform services, as well as professional services. The Company focuses on customer relationship management (CRM). Despite a growth in its revenue, due to a tech stock bloodbath on Friday, CRM stock was slashed. Analysts expect it to plunge further, before bouncing back.

CRM – Salesforce.com, Inc.
Fundamentals Previously closed at 58.51
Day’s high 57.75
Day’s low 63.26
P/E ratio N/A
EPS -0.13

 

Analysts opinion Despite many analysts giving a “Outperform” recommendation, CRM seems to have shocked Chartists, since the prices fell sharply without the 20-day moving average crossing the 50-day moving average.
Sentiments With a lot of traders, believing that CRM can be another LNKD in the making, the sentiments for the stock is increasingly negative.
Insider selling of the stock is further being seen as a sell-off, with the last trade being as recent as 3rd Feb 2016
Analysts say that while CRM may be oversold, it would still help to have a lower basis point, rather than a rush-buy.
Revenue prediction The estimize consensus of earnings is 0.2 for the next quarter.
Social pulse There is a 5% lower than normal social chatter

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