11 posts and columns on JMP Securities

Voices

Apple: JMP Says Hold on Hon Hai Deceleration

in News on March 16, 2011 at 10:30 am PT

Shares of Apple are down sharply after JMP Securities analyst Alex Gauna today cut his rating on the stock to Market Perform from Outperform, writing that the crisis in Japan threatens to compound what seems already to have been a deceleration in production at Apple’s main contract assembler, Hon Hai Precision.

Voices

Coming: The Great Smartphone Shakeout

in News on September 14, 2009 at 4:20 pm PT

So here’s the thing about the smartphone market: there are way too many of them. The year 2010, JMP Securities analyst Samuel Wilson asserted in a report this morning, “should be the year of the shakeout in smartphones.” He believes most of the market share and carrier focus will consolidate around three vendors.

Voices

Intel: JMP Ups to "Outperform" as AMD Crumbles

in News on July 22, 2009 at 12:06 pm PT

Intel shares this afternoon are getting a lift from an upgrade by JMP Securities analyst Alex Gauna from “Market Perform” to “Market Outperform,” with a $24 price target. Following on a much-stronger-than-expected Q2 report last week, Intel, Gauna says, should continue to gain from better-than-expected results of its customers’ sales of notebook computers and server computers.

Has the Great Online Ad Comeback Already Stalled?

in Media on June 18, 2009 at 3:33 am PT

Are you one of those types who gets nervous when lots of people start announcing that the worst is over and that happy days are here again, or at least on the way? Then you’ll be reassured by a couple of recent research notes warning that the online ad comeback we’ve been hearing about has been postponed.
sisyphus

What Was That You Were Saying About Oracle's Worst Quarter in 15 Years?

in News on March 23, 2009 at 10:18 am PT

Well, JMP Securities analyst Patrick Walravens’s assessment of Oracle’s business these past few months was about as wrong as wrong can be, wasn’t it? In early March, Walravens predicted the company’s February quarter would be an abysmal one. Two weeks later, Oracle posts better-than-expected results for that quarter and announces a dividend–its first ever.

What Was That You Were Saying About Oracle’s Worst Quarter in 15 Years?

in News on March 23, 2009 at 10:18 am PT

Well, JMP Securities analyst Patrick Walravens’s assessment of Oracle’s business these past few months was about as wrong as wrong can be, wasn’t it? In early March, Walravens predicted the company’s February quarter would be an abysmal one. Two weeks later, Oracle posts better-than-expected results for that quarter and announces a dividend–its first ever.

Oracle Earnings Statement to Include Handy Sick Bag

in News on March 5, 2009 at 8:17 am PT

In its second quarter, Oracle managed to hit Wall Street’s earnings targets despite the souring economy. Will it manage to do so again in its third? That’s not clear. But, by some accounts, the company’s third quarter is shaping up to be an ugly one–-the company’s worst since the early ’90s.

Voices

Novatel: JMP Advises Getting Out; Kindle Is Not Enough

in News on February 27, 2009 at 12:15 pm PT

Novatel shares are down hard this morning after JMP Securities analyst Samuel Wilson downgraded the stock to Market Underperform from Market Perform. For the year through yesterday, Novatel shares had rallied 34.7 percent; Wilson notes that the wireless networking equipment company has gotten a boost from its role providing components to the Amazon Kindle 2 e-book reader. But Wilson says the Kindle 2 will contribute at most $10 million a quarter to Novatel’s revenue, “not enough to fill the hole left by the drop in demand in the PC and USB adapter business.”

Voices

Ariba: JMP Sees Trouble in Services Business; Cuts Estimates

in News on December 11, 2008 at 3:17 pm PT

Ariba, which helps businesses manage spending via its software solutions, got a cautionary note today. The service business may not fare as well as analysts were assuming, given that product upgrades and extensions are met with more caution in the current economy. Also, Ariba has 170,00 square feet of office space it needs to sublet, with a shrinking pool of potential tenants–which could end up costing the company $150 million over the next five years.

Voices

RightNow Threatened by Salesforce Acquisition, JMP Says

in News on August 20, 2008 at 11:36 am PT

Half-a-billion-dollar (market cap) Rightnow Technologies (RNOW), which sells software over the Web to automate customer support, could be threatened by this morning’s announcement from Salesforce.com (CRM) that it’s buying privately held Instranet for software to expand in the call center market, according to a report out today from JMP Securities analyst Patrick Walravens.

Update: Extreme In "Serious" Talks With Bidder, JMP Says

in News, May 16, 2008 at 11:07 am PT