Cloudera (CLDR) Receives a Hold from Needham

By Jason Carr

Needham analyst Jack Andrews reiterated a Hold rating on Cloudera (CLDRResearch Report) on December 6. The company’s shares closed last Monday at $10.88.

According to, Andrews is a 5-star analyst with an average return of 19.5% and a 64.0% success rate. Andrews covers the Technology sector, focusing on stocks such as ServiceNow, New Relic, and Atlassian.

Cloudera has an analyst consensus of Hold, with a price target consensus of $12.40, implying a 16.2% upside from current levels. In a report issued on November 29, Monness also maintained a Hold rating on the stock.

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Based on Cloudera’s latest earnings release for the quarter ending October 31, the company reported a quarterly GAAP net loss of $82.12 million. In comparison, last year the company had a GAAP net loss of $26.53 million.

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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.