- The shares of SolarWinds (NYSE: SWI) have received a $15 price target from Morgan Stanley. These are the details.
The shares of SolarWinds (NYSE: SWI) have received a $15 price target from Morgan Stanley. And Morgan Stanley analyst Sanjit Singh is maintaining an “Equal-Weight” rating on the shares.
Singh adjusted the rating on SolarWinds following the company’s first-quarter results. For the quarter, SolarWinds reported a Q1 EPS of $0.24, which was $0.02 better than analyst estimates of $0.22. And the revenue for the quarter was $176.9 million compared to the consensus estimate of $174.62 million.
In terms of guidance, SolarWinds expects an FY2022 EPS of between $0.88 and $0.95, compared to the consensus of $1.05. And SolarWinds expects FY2022 revenue of between $730 million and $750 million, compared to the consensus of $741 million.
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