最新ニュース DocuSign (NASDAQ:DOCU) 株価情報

DocuSign

Docusign offers Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its initial public offering in May 2018.

DocuSign Inc

Union Pacific's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) short percent of float has fallen 6.02% since its last report. The company recently reported that it has 4.72 million shares sold short, which is 0.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.74 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Union Pacific Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732815920_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Union Pacific has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Union Pacific's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Union Pacific's peer group average for short interest as a percentage of float is 7.53%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into Union Pacific's Recent Short Interest

Pure Storage's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) short percent of float has risen 3.22% since its last report. The company recently reported that it has 9.26 million shares sold short, which is 3.53% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.9 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Pure Storage Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732815915_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Pure Storage has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Pure Storage's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Pure Storage's peer group average for short interest as a percentage of float is 6.99%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

PSTG

How Is The Market Feeling About Pure Storage?

Vaxcyte's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCVX#NYSE">PCVX</a>) short percent of float has risen 8.49% since its last report. The company recently reported that it has 9.69 million shares sold short, which is 8.82% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.14 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Vaxcyte Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732815910_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Vaxcyte has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Vaxcyte's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Vaxcyte's peer group average for short interest as a percentage of float is 4.85%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

PCVX

(PCVX) - Analyzing Vaxcyte's Short Interest

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$330.00</td>
<td>$41.2K</td>
<td>12.1K</td>
<td>94.2K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$200.00</td>
<td>$49.7K</td>
<td>26.5K</td>
<td>3.6K</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$257.50</td>
<td>$29.7K</td>
<td>264</td>
<td>1.0K</td>
</tr>
<tr>
<td>MCD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$290.00</td>
<td>$83.0K</td>
<td>1.5K</td>
<td>701</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$114.00</td>
<td>$48.8K</td>
<td>227</td>
<td>203</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$4750.00</td>
<td>$63.9K</td>
<td>11</td>
<td>1</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on November 29, 2024. This event was a transfer of 200 contract(s) at a $330.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $41.2K, with a price of $206.0 per contract. There were 12190 open contracts at this strike prior to today, and today 94278 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bearish sentiment. It expires in 22 day(s) on December 20, 2024. Parties traded 51 contract(s) at a $200.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $49.7K, with a price of $976.0 per contract. There were 26529 open contracts at this strike prior to today, and today 3617 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on November 29, 2024. This event was a transfer of 85 contract(s) at a $257.50 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $350.0 per contract. There were 264 open contracts at this strike prior to today, and today 1079 contract(s) were bought and sold. 
• Regarding MCD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), we observe a put option trade with bullish sentiment. It expires in 50 day(s) on January 17, 2025. Parties traded 191 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $83.0K, with a price of $435.0 per contract. There were 1518 open contracts at this strike prior to today, and today 701 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a put option sweep that happens to be bullish, expiring in 22 day(s) on December 20, 2024. This event was a transfer of 32 contract(s) at a $114.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $48.8K, with a price of $1525.0 per contract. There were 227 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold. 
• For BKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), we notice a call option trade that happens to be neutral, expiring in 113 day(s) on March 21, 2025. This event was a transfer of 1 contract(s) at a $4750.00 strike. The total cost received by the writing party (or parties) was $63.9K, with a price of $63940.0 per contract. There were 11 open contracts at this strike prior to today, and today 1 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BKNG

CVNA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

TSLA

6 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$30.00</td>
<td>$55.0K</td>
<td>6.7K</td>
<td>2.4K</td>
</tr>
<tr>
<td>UBER</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$75.00</td>
<td>$47.1K</td>
<td>1.1K</td>
<td>930</td>
</tr>
<tr>
<td>RKLB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$35.00</td>
<td>$28.0K</td>
<td>27</td>
<td>330</td>
</tr>
<tr>
<td>LUV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$30.00</td>
<td>$36.0K</td>
<td>15.2K</td>
<td>228</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$480.00</td>
<td>$43.0K</td>
<td>44</td>
<td>136</td>
</tr>
<tr>
<td>ZTO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$15.00</td>
<td>$32.5K</td>
<td>1</td>
<td>60</td>
</tr>
<tr>
<td>UPS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$110.00</td>
<td>$30.5K</td>
<td>806</td>
<td>24</td>
</tr>
<tr>
<td>FTAI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$160.00</td>
<td>$26.7K</td>
<td>432</td>
<td>19</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding GEO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>), we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on January 17, 2025. Parties traded 250 contract(s) at a $30.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $220.0 per contract. There were 6722 open contracts at this strike prior to today, and today 2424 contract(s) were bought and sold. 
• For UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we notice a put option sweep that happens to be bullish, expiring in 85 day(s) on February 21, 2025. This event was a transfer of 72 contract(s) at a $75.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $47.1K, with a price of $655.0 per contract. There were 1108 open contracts at this strike prior to today, and today 930 contract(s) were bought and sold. 
• Regarding RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we observe a put option trade with bearish sentiment. It expires in 204 day(s) on June 20, 2025. Parties traded 20 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $1400.0 per contract. There were 27 open contracts at this strike prior to today, and today 330 contract(s) were bought and sold. 
• For LUV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), we notice a call option trade that happens to be bullish, expiring in 50 day(s) on January 17, 2025. This event was a transfer of 120 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $300.0 per contract. There were 15200 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold. 
• Regarding DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we observe a put option sweep with bullish sentiment. It expires in 50 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $480.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $2205.0 per contract. There were 44 open contracts at this strike prior to today, and today 136 contract(s) were bought and sold. 
• For ZTO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTO#NYSE">ZTO</a>), we notice a call option sweep that happens to be neutral, expiring in 386 day(s) on December 19, 2025. This event was a transfer of 60 contract(s) at a $15.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $32.5K, with a price of $548.0 per contract. There were 1 open contracts at this strike prior to today, and today 60 contract(s) were bought and sold. 
• Regarding UPS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>), we observe a call option trade with bearish sentiment. It expires in 414 day(s) on January 16, 2026. Parties traded 10 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $3050.0 per contract. There were 806 open contracts at this strike prior to today, and today 24 contract(s) were bought and sold. 
• Regarding FTAI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>), we observe a call option trade with bullish sentiment. It expires in 85 day(s) on February 21, 2025. Parties traded 15 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $1780.0 per contract. There were 432 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FTAI

RKLB

UBER

8 Industrials Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$135.00</td>
<td>$28.6K</td>
<td>16.4K</td>
<td>226.5K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$235.00</td>
<td>$31.1K</td>
<td>25.7K</td>
<td>68.7K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$422.50</td>
<td>$35.7K</td>
<td>2.5K</td>
<td>8.9K</td>
</tr>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$335.00</td>
<td>$205.4K</td>
<td>7.8K</td>
<td>7.5K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$380.00</td>
<td>$55.0K</td>
<td>2.6K</td>
<td>5.4K</td>
</tr>
<tr>
<td>KC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$7.50</td>
<td>$62.5K</td>
<td>139</td>
<td>4.0K</td>
</tr>
<tr>
<td>ALAB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$105.00</td>
<td>$94.8K</td>
<td>7.5K</td>
<td>4.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$70.00</td>
<td>$42.8K</td>
<td>19.3K</td>
<td>3.8K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$26.50</td>
<td>$26.8K</td>
<td>405</td>
<td>2.4K</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$187.50</td>
<td>$35.6K</td>
<td>1.9K</td>
<td>1.4K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on November 29, 2024. Parties traded 286 contract(s) at a $135.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $100.0 per contract. There were 16414 open contracts at this strike prior to today, and today 226512 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on November 29, 2024. This event was a transfer of 385 contract(s) at a $235.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $31.1K, with a price of $81.0 per contract. There were 25746 open contracts at this strike prior to today, and today 68772 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on November 29, 2024. This event was a transfer of 259 contract(s) at a $422.50 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $139.0 per contract. There were 2576 open contracts at this strike prior to today, and today 8922 contract(s) were bought and sold. 
• Regarding CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on November 29, 2024. Parties traded 403 contract(s) at a $335.00 strike. This particular put needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $205.4K, with a price of $506.0 per contract. There were 7836 open contracts at this strike prior to today, and today 7593 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option trade with bullish sentiment. It expires in 1 day(s) on November 29, 2024. Parties traded 55 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $1000.0 per contract. There were 2604 open contracts at this strike prior to today, and today 5450 contract(s) were bought and sold. 
• Regarding KC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>), we observe a put option sweep with neutral sentiment. It expires in 22 day(s) on December 20, 2024. Parties traded 611 contract(s) at a $7.50 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $62.5K, with a price of $103.0 per contract. There were 139 open contracts at this strike prior to today, and today 4054 contract(s) were bought and sold. 
• For ALAB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>), we notice a put option trade that happens to be bullish, expiring in 22 day(s) on December 20, 2024. This event was a transfer of 95 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $94.8K, with a price of $998.0 per contract. There were 7510 open contracts at this strike prior to today, and today 4020 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option trade that happens to be bullish, expiring in 22 day(s) on December 20, 2024. This event was a transfer of 200 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $42.8K, with a price of $214.0 per contract. There were 19339 open contracts at this strike prior to today, and today 3834 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option trade with bearish sentiment. It expires in 15 day(s) on December 13, 2024. Parties traded 84 contract(s) at a $26.50 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $320.0 per contract. There were 405 open contracts at this strike prior to today, and today 2435 contract(s) were bought and sold. 
• For ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on November 29, 2024. This event was a transfer of 78 contract(s) at a $187.50 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $35.6K, with a price of $458.0 per contract. There were 1959 open contracts at this strike prior to today, and today 1436 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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10 Information Technology Stocks Whale Activity In Today's Session

As the formal review process for rescheduling cannabis unfolds, industry players are closely watching its potential to transform the sector. With the DEA hearing delayed until early 2025 and a possible Trump presidency adding uncertainty, cannabis businesses are preparing for what rescheduling to Schedule III could mean.&nbsp;
From FDA oversight to interstate commerce and pharmaceutical-grade standards, these changes could fundamentally reshape the landscape—and investors and businesses need to be ready.
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. You can&#8217;t afford to miss out if you're serious about the business.</li>
</ul>
<h2 class="wp-block-heading">Rescheduling: A Door To Big-Box Pharmacies?</h2>
Denise Pollicella, a cannabis attorney and head of Omnus Law&#8216;s cannabis practice, points out that rescheduling cannabis isn't just about new retail partnerships but about overhauling how cannabis businesses operate.&nbsp;
"It's about transforming how cannabis businesses operate—adapting to FDA oversight, meeting pharmaceutical-grade standards, and navigating stricter compliance requirements," she told Benzinga Cannabis in an exclusive interview.
Rescheduling to Schedule III could allow major pharmaceutical retailers like CVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) and Walgreens (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) to carry cannabis. But is the pathway straightforward? 
Pollicella anticipates a system similar to the <a href="https://www.benzinga.com/government/regulations/24/11/42068539/billion-dollar-strike-farm-bill-amendment-could-change-the-hemp-industry">2018 hemp legalization framework</a>, where states submit regulatory schemes to meet federal guidelines. "Most states prefer to regulate these things themselves, particularly from a financial and tax point of view," she said, noting states' interest in retaining control of fees and fines.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="500" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/28053734/Denise-Pollicella-Square-Website-Image.png" alt="" class="wp-image-668972" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/28053734/Denise-Pollicella-Square-Website-Image.png 500w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/28053734/Denise-Pollicella-Square-Website-Image-300x300.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/28053734/Denise-Pollicella-Square-Website-Image-150x150.png 150w" sizes="(max-width: 500px) 100vw, 500px" /><figcaption class="wp-element-caption">Denise Pollicella </figcaption></figure>
<h3 class="wp-block-heading">FDA Oversight: Stricter Standards Ahead</h3>
If cannabis becomes a pharmaceutical-grade product, compliance with<a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/08/33482140/rescheduling-cannabis-what-are-the-implications-for-msos-tax-rule-280e-fda-and-phar"> FDA standards will significantly change how businesses operate</a>. Pollicella explained that the cannabis industry has historically focused on ensuring safety and avoiding contaminants, with minimal emphasis on seed traceability. "Most of the testing and analysis has revolved around making sure that it's safe and doesn't have contaminants, and then around THC and CBD levels," she noted.
Pollicella added that transitioning to pharmaceutical-grade products would require stricter production standards and significantly more testing, which could drive up costs in an already expensive industry. Pollicella noted the likely challenges: "When it goes to a more pharmaceutical-grade product, not only will the production standards have to become more strict, but you'll also have significantly more testing."
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/07/39720968/is-big-pharma-poised-to-take-over-cannabis-3-companies-already-manage-8-in-10-drug-prescriptions"> Is Big Pharma Poised To Take Over Cannabis? 3 Companies Already Manage 8 In 10 Drug Prescriptions In The US</a>
<h3 class="wp-block-heading">Interstate Commerce</h3>
<a href="https://www.benzinga.com/markets/cannabis/24/10/41502695/exclusive-tilray-ceo-irwin-simon-on-why-us-cannabis-rescheduling-wont-change-a-billion-dollar-pl">Rescheduling cannabis from Schedule I to Schedule III </a>could pave the way for interstate trade, a shift that would fundamentally reshape supply chains and market dynamics. By lowering cannabis&#8217;s federal regulatory classification, rescheduling would enable cannabis to be treated more like other pharmaceutical products, potentially allowing producers in one state to sell to buyers in another. However, this transition would introduce new regulatory complexities.
Pollicella thinks that cannabis crossing state lines will require permissions, excise taxes, and strict identification as medical marijuana, and noted that states with mature medical markets, such as <a href="https://www.benzinga.com/topic/michigan-cannabis">Michigan</a>, <a href="https://www.benzinga.com/topic/pennsylvania-cannabis">Pennsylvania</a>, and <a href="https://www.benzinga.com/topic/florida-cannabis">Florida</a>, could dominate the wholesale market. 
MSOs operating in these states include TerrAscend (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TRSSF#OTC">TRSSF</a>), Cresco Labs Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTC">CRLBF</a>) in Michigan; Green Thumb Industries Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GTBIF#OTC">GTBIF</a>), Curaleaf (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>), and Verano Holdings Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VRNOF#OTC">VRNOF</a>) in Pennsylvania; and Trulieve Cannabis Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCNNF#OTC">TCNNF</a>) and Ayr Wellness Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AYRWF#OTC">AYRWF</a>) in Florida.
These companies have heavily invested in CapEx for pharmaceutical-grade cannabis to meet stringent standards aligned with FDA requirements, positioning them to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39609582/europe-is-turning-cash-flow-positive-well-see-what-happens-in-the-u-s-largest-canna">supply pharmacies and other large-scale buyers</a>. "Michigan has tried to position itself as being nearly equal to FDA standards," Pollicella explained, highlighting the state's competitive advantage.&nbsp;
<h3 class="wp-block-heading">M&amp;A Activity: A Rescheduled Catalyst? </h3>
The prospect of federal rescheduling is already sparking discussions about mergers and acquisitions. Pollicella foresees significant consolidation as businesses struggle to meet pharmaceutical-grade compliance. "Companies that have grown thoughtfully and in a measured way are going to knock it out of the park," she said, emphasizing the Darwinian nature of the cannabis business.
Midwest markets, like Michigan and Illinois, are expected to play pivotal roles in<a href="https://www.benzinga.com/cannabis/deals"> M&amp;A activity</a>. Pollicella highlighted Michigan's readiness, citing its strict testing standards and proactive lobbying efforts. &#8220;Michigan has tried to position itself as being nearly equal to FDA standards,&#8221; she explained, adding that the state could become a major producer for the Midwest.
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/05/38881456/bidens-greenlight-what-to-know-about-fed-regulated-marijuana-markets-legal-circuits-and-complian"> Biden&#8217;s Greenlight: What To Know About Fed-Regulated Marijuana, Markets, Legal Circuits And Compliance</a>
<h2 class="wp-block-heading">Will A Trump Presidency Delay Progress?</h2>
Pollicella warns that<a href="https://www.benzinga.com/news/legal/24/11/42143770/trumps-pick-for-attorney-general-is-no-matt-gaetz-when-it-comes-to-cannabis-reform"> rescheduling is far from guaranteed.</a> "Anybody counting on the rescheduling of marijuana down to Schedule III in the new administration is making an assumption that's not necessarily based on anything we've seen yet," she cautioned.
While some industry advocates hope the promise of tax revenue and economic growth will sway federal policymakers, Pollicella remains skeptical. "It's not a priority for this administration," she said, adding that substantial lobbying will likely be needed to make progress.
<h3 class="wp-block-heading">2025</h3>
Despite the challenges, Pollicella is optimistic about the industry's potential under a rescheduled framework. She believes businesses with scalable production capabilities and strategic foresight will thrive. However, she also underscores the need for readiness.&nbsp;
Despite the significant political and economic discussions surrounding cannabis rescheduling, the process itself is more straightforward than many assume. Pollicella explains that the Controlled Substances Act of 1970 placed cannabis on Schedule I through political and legislative decisions, rather than medical consensus. "None of the criteria for Schedule I—no known medical use, no known safe use, and a high probability of addictiveness—really apply to marijuana," she said. As with its initial classification, rescheduling will require bipartisan consensus and can follow one of two paths.
Congress could pass legislation to amend the Controlled Substances Act, or the Attorney General could direct the FDA and <a href="https://www.benzinga.com/24/11/42144540/dea-slammed-over-unlawful-talks-with-cannabis-opponents-the-plot-thickens">DEA to conduct a review</a> and implement rescheduling through administrative rule-making.&nbsp;
Read Also: <a href="https://www.benzinga.com/24/11/42220254/dea-sets-stage-for-marijuana-rescheduling-with-december-2-hearing">DEA Sets Stage For Marijuana Rescheduling With December 2 Hearing</a>
<h3 class="wp-block-heading">Political Will </h3>
"Once there's political will, it can happen like this," Pollicella said, snapping her fingers metaphorically to illustrate how quickly the process could move once initiated.
This swift <a href="https://www.benzinga.com/markets/cannabis/24/08/40632193/marijuana-rescheduling-is-not-solution-to-industrys-banking-issues-congressional-researchers-say">rescheduling would require states to align their regulatory schemes with federal guidelines</a>. Pollicella anticipates that it might follow a model similar to the 2018 hemp rollout:&nbsp;
"The <a href="https://www.benzinga.com/government/regulations/24/11/41936736/fda-commissioner-califf-candid-on-trumps-impact-we-just-dont-know-whats-going-to-happen">FDA</a> could give states with existing regulatory structures a timeline, say six to nine months, to refine their programs<a href="https://www.benzinga.com/general/biotech/24/09/40820581/want-organic-cannabis-operators-are-turning-to-this-tech-to-save-millions-and-get-certified"> to meet federal standards</a>. States that comply could maintain control, while those that don't might see federal intervention."
However, the question remains whether the upcoming administration will prioritize this process. "The real challenge isn't the steps—it's the political will to move forward," she noted.
Read Next: <a href="https://www.benzinga.com/news/retail-sales/24/11/42193387/federal-policy-could-add-3-billion-to-cannabis-industry-on-track-to-reach-55-billion-by-2030">Federal Policy Could Add $3 Billion To Cannabis Industry: On Track To Reach $55 Billion By 2030</a>

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Pharma-Grade Cannabis Could Hit Walgreens & CVS—But Can The Industry Survive The FDA?

In the current session, the stock is trading at $39.60, after a 2.22% spike. Over the past month, Western Midstream Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WES#NYSE">WES</a>) stock increased by 7.53%, and in the past year, by 32.67%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1732815008_0.png" alt="Past Year Chart" />

<h3>Evaluating Western Midstream P/E in Comparison to Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Western Midstream has a lower P/E than the aggregate P/E of 19.03 of the Oil, Gas &amp; Consumable Fuels industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1732815008_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

A Look Into Western Midstream Inc's Price Over Earnings

Cognizant Tech Solns's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTSH#NYSE">CTSH</a>) short percent of float has risen 4.01% since its last report. The company recently reported that it has 16.09 million shares sold short, which is 4.15% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.22 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Cognizant Tech Solns Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732814121_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Cognizant Tech Solns has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Cognizant Tech Solns's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Cognizant Tech Solns's peer group average for short interest as a percentage of float is 2.89%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

CTSH

Looking Into Cognizant Tech Solns's Recent Short Interest

CDW's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDW#NYSE">CDW</a>) short percent of float has fallen 35.09% since its last report. The company recently reported that it has 2.45 million shares sold short, which is 2.09% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.46 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>CDW Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732814116_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for CDW has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing CDW's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, CDW's peer group average for short interest as a percentage of float is 4.66%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into CDW's Recent Short Interest

As U.S. markets paused for Thanksgiving, European equities staged a rebound on Thursday, snapping a three-day losing streak. Lower-than-expected consumer inflation data from Germany rekindled optimism for more aggressive rate cuts by <a href="https://www.benzinga.com/topic/interest-rates">the European Central Bank (ECB)</a>.
Germany&#8217;s annual inflation rate edged higher, rising from 2.0% in October to 2.2% in November , but came in just below market expectations of 2.3%. On a monthly basis, Germany&#8217;s consumer price index (CPI) fell 0.2%, marking the sharpest decline in over a year. The unexpected contraction in monthly CPI added to speculation that the ECB could accelerate monetary easing to support the region&#8217;s economy.
<h3 class="wp-block-heading">European Equities Post Gains</h3>
The Euro STOXX 50, a key benchmark for the eurozone's 50 largest blue-chip stocks, closed up 0.5%, buoyed by gains in industrials and energy stocks. Among the biggest winners were:
<ul>
<li>Airbus SE (OTCPK: AEDSY): +4.2%</li>
<li>RWE AG (OTCPK: RWEOY): +2.7%</li>
<li>ASML Holding NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>): +2.3%</li>
</ul>
<h3 class="wp-block-heading">Dollar Rebounds, Yen Slips After Wednesday&#8217;s Rally</h3>
Meanwhile, the euro slipped 0.2%, trading at $1.0550 against the U.S. dollar. A currency weighted measure of the greenback – tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – was also up by 0.2%. 
The yen was the underperformer among major currencies, falling by 0.3% following a 1.3% rally on Wednesday. 
<h3 class="wp-block-heading">Commodities: Gold Shines, Oil Sees Volatility</h3>
Commodities were mixed in Thursday&#8217;s session:
<ul>
<li>Gold futures edged up 0.2%, eyeing their sixth gain in the last seven trading days. </li>
<li>Natural gas futures climbed 2.3%, recovering some ground after an 8.5% drop on Wednesday. Thus far in November, natural gas prices are up by 20%. </li>
<li>Oil prices had a choppy session, initially rising on reports of Israeli forces citing violations of the Israel-Hezbollah ceasefire agreement. However, as tensions eased, oil pared gains to trade flat.</li>
</ul>
<h3 class="wp-block-heading">Crypto Struggles To Maintain Momentum</h3>
Cryptocurrencies saw a pullback after recent gains:
<ul>
<li>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 0.9% to around $95,000, failing to sustain momentum from Wednesday's 4.6% rally.</li>
<li>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) dropped 3%, erasing part of its 10% surge the previous day. The pullback highlighted a weaker appetite for risk-on assets within the crypto space.</li>
</ul>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42234954/will-apple-or-nvidia-be-the-worlds-most-valuable-company-by-the-end-of-2024-polymarket-traders-have-a-clear-favorite">Will Apple Or NVIDIA Be The World&#8217;s Most Valuable Company By The End Of 2024? Polymarket Traders Have A Clear Favorite</a></li>
</ul>

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European Stocks Close Higher, Dollar Gains, Bitcoin Eases To $95,000: What's Driving Markets Thursday?

EOG Resources's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) short percent of float has risen 10.9% since its last report. The company recently reported that it has 13.28 million shares sold short, which is 2.34% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.49 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>EOG Resources Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732814111_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for EOG Resources has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing EOG Resources's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, EOG Resources's peer group average for short interest as a percentage of float is 6.96%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(EOG) - Analyzing EOG Resources's Short Interest

Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) has outperformed Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) in <a href="https://www.benzinga.com/money/ethereum-eth-price-predictions">several key metrics</a> over the past week, signaling a potential shift in market dynamics, according to a Bybit and Block Scholes report.
What Happened: This trend comes amid the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42131449/with-gary-gensler-preparing-to-quit-in-2025-secs-crypto-cases-likely-to-quietly-go-away-amid-trumps-pro-bitcoin-stance-says-pantera-capitals-katrina-paglia">announcement of SEC Chair</a> Gary Gensler's planned departure in January 2025, which has boosted sentiment <a href="https://www.benzinga.com/government/regulations/24/11/42120607/gary-gensler-to-step-down-as-sec-chair-on-trumps-inauguration-day">around Ethereum and other altcoins.</a>
The report highlights Ethereum&#8217;s strength in futures and perpetual markets. Bitcoin futures open interest has declined, while Ethereum futures have seen growth. 
Short-dated ETH futures contracts are trading at a steep premium, with one-week contracts showing nearly 25% annualized yields over spot prices. 
This development reflects growing trader optimism toward Ethereum. 
"ETH has sustained its outperformance over the week," the report states, emphasizing the stark contrast in sentiment and positioning between the two largest cryptocurrencies.
Ethereum perpetual contracts also saw rising open interest, while Bitcoin perpetuals recorded declines. 
These trends suggest traders are increasingly shifting their focus toward Ethereum. 
Options market activity further supports this narrative, with Ethereum's options term structure showing inversion, indicating higher demand for short-term bullish bets. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42234487/coinbases-armstrong-warren-was-involved-in-one-of-the-most-unethical-un-american-things-in-the-biden-administration">Coinbase&#8217;s Armstrong: Warren Was Involved In &#8216;One Of The Most Unethical, Un-American Things In The Biden Administration&#8217;</a>
By contrast, Bitcoin's term structure has flattened, suggesting cooling speculative interest.
The report connects these developments to broader market conditions, including regulatory tailwinds. 
Gensler, known for his stringent stance on crypto regulation, is set to step down as SEC Chair early next year. Many assets, particularly altcoins like Ethereum, faced scrutiny during his tenure. 
The announcement of his departure is seen as a positive signal for the crypto market, boosting confidence in Ethereum's longer-term prospects.
"Ethereum's outperformance this week reflects not just favorable market conditions but also a broader shift in sentiment as regulatory pressures ease," an analyst from the report commented. 
The report further notes Ethereum's growing potential to attract institutional inflows, a trend observed with Bitcoin during its <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42165734/bitcoin-etfs-registered-record-312-billion-net-inflows-last-week">ETF-related surges</a>.
However, it cautions against extrapolating short-term trends too far, as both Ethereum and Bitcoin remain sensitive to macroeconomic factors <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42214467/bitcoins-2020-thanksgiving-massacre-to-repeat-or-is-the-holiday-a-turning-point-for-new-highs">and market volatility</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42232116/dogecoin-to-hit-69-cents-by-inauguration-day-polymarket-traders-are-not-convinced">Dogecoin To Hit 69 Cents By Inauguration Day? Polymarket Traders Are Not Convinced</a></li>
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Image: Shutterstock

Ethereum Outperformed Bitcoin This Week As Key Indicators Shift: Report

A <a href="https://www.youtube.com/watch?v=xRVx4hVfu2Y">recent episode</a> of The Ramsey Show revealed a concerning situation for a caller named Liz from Mobile, Alabama. Liz shared her dilemma with hosts <a href="https://www.benzinga.com/personal-finance/24/11/42095012/according-to-dave-ramsey-answering-these-two-questions-could-be-the-difference-between-living-wealthy-or-struggling-financially">Dave Ramsey</a> and Ken Coleman: her fiancé hasn't filed taxes in 20 years. While taxes have been withheld from his paycheck, he has avoided filing returns, leaving Liz seeking advice about their future together.
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Ramsey wasted no time pointing out the gravity of the situation. "How do you feel about planning your future with someone in jail?" he asked Liz. While not everyone who fails to file goes to jail, Ramsey noted that thousands are incarcerated for this offense each year.
The financial and legal risks tied to her fiancé's actions are significant for Liz, who is still 10 years away from <a href="https://www.benzinga.com/personal-finance/24/11/41918104/are-you-on-track-to-retire-rich-heres-the-nest-egg-you-need-to-be-considered-a-wealthy-retiree">retirement</a>. Ramsey warned that the consequences could also affect Liz if she remains committed to the relationship, saying, "To the extent you're connected to him, you're gonna have a serious problem."
When Ramsey pressed Liz about her fiancé's reasoning, she admitted she wasn't entirely sure. She speculated that a history of <a href="https://www.benzinga.com/markets/equities/24/09/40760261/biden-administration-says-unemployment-is-low-but-do-americans-see-it-that-way">unemployment</a> may have played a role, but she couldn't explain why he continued to avoid filing once he started working again. Ramsey described this behavior as "slothful" and lacking integrity.
See Also: Many are using this retirement income calculator to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
Ken Coleman added to the concern by questioning the level of trust in their relationship. "If he's willing to withhold information from the federal government, what pray to tell is he willing to withhold from you?" Coleman asked. He suggested that Liz reconsider her commitment until her fiancé addresses his <a href="https://www.benzinga.com/news/24/11/42153139/costs-have-escalated-drastically-warns-kevin-oleary-hopeful-elon-and-vivek-can-simplify-tax-and-deregulate-the-economy">tax issues</a>.
Despite the strong warnings, Ramsey offered a solution for Liz's fiancé to resolve his tax issues. He advised proactively contacting the IRS through a tax professional. He said that individuals can file the past three to four years of returns in many cases to avoid criminal charges.
Ramsey says the IRS tends to be lenient with those who come forward voluntarily. However, penalties and interest on unpaid taxes could still be significant. "If he's going to get current and not go to jail, I can actually walk him through that," Ramsey said. He also directed Liz to Ramsey Solutions' tax-endorsed local providers for help.
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According to <a href="https://www.irs.gov/payments/failure-to-file-penalty">the IRS</a>, the penalty for failure to file taxes is 5% of the unpaid taxes for each month or part of a month that a tax return is late, but it won't exceed 25% of unpaid taxes.&nbsp;
Beyond the legal and financial risks, Ramsey and Coleman emphasized the broader relationship implications. Coleman highlighted that the fiancé's lack of transparency and insistence on moving for retirement – against Liz's wishes – are red flags. "This relationship is really jacked up," Coleman said, suggesting Liz pause and reassess her commitment.
Ramsey summed up his advice bluntly: unless Liz's fiancé takes immediate action to resolve his tax issues and prove his reliability, he wouldn't advise her to continue the relationship. "I don't want my little sister Liz married to a jailbird," Ramsey said.
For Liz, the decision involves more than love – protecting her financial and emotional future. Ramsey and Coleman's advice underscores the importance of integrity and trust in any partnership, especially when major financial and legal risks are involved.
If you find yourself in a similar situation, consider contacting a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor</a> or tax professional to help you get back on track.&nbsp;
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
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Personal Finance

Caller's Fiance Hasn't Filed Taxes In 20 Years – Dave Ramsey Says To Rethink Your Future With This Slothful Man

Chris Burniske, a prominent voice in the crypto space and partner at Placeholder VC, dismissed the idea of a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) "supercycle," labeling it a &#8220;collective delusion.&#8221; 
What Happened: In a detailed <a href="https://x.com/cburniske/status/1861901539658355173">thread</a> on X on Wednesday, Burniske warned investors against the belief that Bitcoin&#8217;s bull markets will eliminate future bear markets, despite new factors such as <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42165734/bitcoin-etfs-registered-record-312-billion-net-inflows-last-week">Bitcoin exchange-traded funds (ETFs)</a> and potential <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42220158/donald-trump-to-establish-a-national-bitcoin-reserve-pros-vs-cons-compared">sovereign adoption</a>.
"Every bull, people come up with reasons for why we're going stupid high or won't have a bear," Burniske wrote, reflecting on over a decade of market cycles in crypto. 
"While the ETFs and potential sovereign buying could mean we don't have as brutal a bear in the future for BTC, &#8216;supercycle&#8217; is without fail a collective delusion,&#8221; he added.
Burniske highlighted that the current bull market, which he dates back to November 2022, has propelled Bitcoin to close to $100,000—a more than sixfold increase since the bottom of the last cycle.
Other assets like Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) have also seen <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42139601/solana-hits-264-record-high-as-etf-filings-regulatory-optimism-drive-market-momentum">exponential gains</a>, up over 4x and 30x, respectively, during the same period.
However, he cautioned investors against late entries during such bullish periods, emphasizing that the more attention crypto receives, the worse the timing often is for new buyers. 
"The painful reality is as crypto prices go up, that draws more attention, and that attention converts into buying flows," he explained. 
Burniske pointed out that the best entry points are typically when few are paying attention, as was the case two years ago.
Burniske also criticized the notion that structural changes in the market, such as institutional involvement or sovereign interest, could end the boom-and-bust nature of crypto cycles. 
"Anything that goes 100x quickly is prone to at least an 80-90% crash at some point, structurally—too many people sitting on profit," he noted.
While acknowledging that factors like ETFs could soften future bear markets, Burniske made it clear that crashes are part of the natural evolution of crypto markets. 
He also questioned recent chatter about a shortened cycle, calling it "bear market PTSD talking."
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42232116/dogecoin-to-hit-69-cents-by-inauguration-day-polymarket-traders-are-not-convinced">Dogecoin To Hit 69 Cents By Inauguration Day? Polymarket Traders Are Not Convinced</a>
Why It Matters: For those new to crypto, Burniske advised a simple portfolio allocation focused on quality assets such as Bitcoin, Ethereum, and Solana (50/25/25%).
He cautioned against speculative investments in smaller assets without adequate research and suggested a disciplined <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42168169/bitcoin-below-100000-veteran-trader-shares-profit-taking-strategy">approach to profit-taking</a>.
"From current entry prices, if they 2x, encourage them to take half out at that point, leaving their initial cost allocated," he suggested, highlighting the importance of preparing for volatility.
As for those banking on outsized returns in the current market, Burniske warned, "No one is getting rich or crazy multiples from these prices… but they're gonna see people making good money, so it's hard to resist."
Read Next: 
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Image: Wikimedia Commons

$SOL

Bitcoin 'Supercycle' Narrative Is A 'Collective Delusion,' Influential Crypto Venture Capitalist Says

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) are seen as the top contenders for the title of the world's largest company by the end of 2024, according <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42189225/trump-threatens-25-tariffs-on-canada-mexico-until-invasion-is-stopped-but-polymarket-traders-arent-convinced">to Polymarket traders</a>.
Apple <a href="https://polymarket.com/event/largest-company-eoy?tid=1732725661447">leads</a> with a 55% probability of holding the top spot, while NVIDIA trails at 40%.
Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), once a dominant force, has only a 4.5% chance, and other companies have less than 1%.
With $119,473 in total betting volume on the market, the data showcases investor sentiment about the dominance of these technology giants. 
Here's a closer look at the frontrunners, their industries, and current market valuations:
<h3 class="wp-block-heading">Apple: Leading The Pack With 55%</h3>
Apple Inc., currently the most valuable company globally, has a market capitalization exceeding $3.47 trillion. 
The company's strength lies in its ecosystem of consumer products, including the iPhone, Mac, and Apple Watch, combined with a growing services segment featuring Apple Pay, Apple Music and iCloud.
Recent innovations, such as the Vision Pro headset and advancements in AI-powered features, continue to solidify Apple's position as a market leader. 
Its high probability on Polymarket reflects confidence in its ability to maintain its dominance in the face of strong competition.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42232116/dogecoin-to-hit-69-cents-by-inauguration-day-polymarket-traders-are-not-convinced">Dogecoin To Hit 69 Cents By Inauguration Day? Polymarket Traders Are Not Convinced</a>
<h3 class="wp-block-heading">NVIDIA: Gaining Ground With 40%</h3>
NVIDIA, a leader in graphics processing units (GPUs) and artificial intelligence (AI), has surged in market value amid the AI boom. 
With a market cap of $3.44 trillion, NVIDIA has become a critical supplier for generative AI technologies and data center processors. 
The company's revenue has skyrocketed in 2024, driven by demand for its cutting-edge chips used in AI model training and deployment. 
Bettors view NVIDIA's innovative technology and increasing relevance in the AI-driven economy as a strong case for challenging Apple's top spot.
<h3 class="wp-block-heading">Microsoft: A Fading Contender At 4.5%</h3>
Microsoft, with a market cap of about $3.06 trillion, remains a powerhouse in enterprise software, cloud computing, and productivity tools. 
Its Azure cloud platform and integration of AI tools, such as Copilot in Microsoft Office, have kept it competitive. 
However, its relatively low probability on Polymarket suggests that investors view it as unlikely to overtake Apple or NVIDIA by the year's end.
<h3 class="wp-block-heading">Other Contenders: Less Than 1%</h3>
The &#8220;Other&#8221; category, representing all remaining global companies, has less than a 1% chance of ending 2024 as the largest, reflecting the dominance of tech giants in the global economy and the high barriers for other industries to compete at this scale.
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Image: Shutterstock

Will Apple Or NVIDIA Be The World's Most Valuable Company By The End Of 2024? Polymarket Traders Have A Clear Favorite

Home Depot's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) short percent of float has fallen 7.55% since its last report. The company recently reported that it has 9.68 million shares sold short, which is 0.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.49 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Home Depot Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732811421_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Home Depot has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Home Depot's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Home Depot's peer group average for short interest as a percentage of float is 6.14%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Home Depot's Recent Short Interest

Bank of America's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) short percent of float has risen 28.12% since its last report. The company recently reported that it has 81.28 million shares sold short, which is 1.23% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.85 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Bank of America Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732811416_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Bank of America has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Bank of America's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Bank of America's peer group average for short interest as a percentage of float is 1.09%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Bank of America's Recent Short Interest

More than one-fifth of U.S. renters report spending their entire regular income on rent payments, pointing to the severe strain of housing costs on American households, according to new survey data from Redfin.
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The September survey of 894 renters reveals widespread financial compromises to meet housing costs. Twenty percent of respondents work second jobs to afford rent, while 19% report staying in jobs they dislike to maintain housing payments.
Financial pressure has forced many renters to make difficult choices about their long-term financial security. Fourteen percent relied on family cash gifts for rent payments, while 13% tapped retirement funds early. Another 12% reduced retirement contributions to cover housing expenses.
The findings align with broader housing affordability challenges documented in the 2023 American Community Survey. Census Bureau data shows nearly half of U.S. renter households were cost-burdened last year, according to a report issued by CNN, spending over 30% of their income on housing.&nbsp;
See Also: Studies show 50% of consumers think Financial Advisors cost much more than they do —<a href="https://www.benzinga.com/money/money-pickle"> to debunk this, this company provides matching for free and a complimentary first call with the matched advisor. </a>The median rental cost rose to $1,406 monthly in 2023, marking a 3.8% increase that outpaced the growth in home values.
The burden falls disproportionately on minority communities. Over 56% of Black households and 53% of Hispanic households were cost-burdened in 2023, exceeding the national average of 49.7%. Among Black households, 30.6% qualified as severely cost-burdened, dedicating more than half their income to housing. Rising insurance costs compound the affordability crisis, particularly in areas prone to natural disasters. Census data reveals that 5.4 million of the nation&#8217;s 85.7 million homeowners paid over $4,000 annually for insurance in 2023, with Florida, Texas, California, New York and Louisiana residents facing the highest rates.
Trending: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest TODAY for just $0.26/share with a $1000 minimum.</a>
<a href="https://www.benzinga.com/markets/24/09/41064985/rents-are-down-for-13-straight-months-affordability-is-up-these-6-cities-offer-the-best-breaks">While rental rates have stabilized recently</a>, they remain elevated compared to pre-pandemic levels. Some relief may arrive as newly constructed apartments enter the market, though affordability challenges persist as rental costs have outpaced wage growth.
Despite the difficulties, renting remains increasingly common. Redfin analysis shows renter households growing at triple the rate of homeowner households, largely because purchasing costs have escalated faster than rental rates. According to Realtor.com&#8217;s analysis of the 50 largest metro areas, buying a starter home was 61.3% more expensive than renting as of July.
The housing affordability crisis has captured attention in Washington. The incoming administration <a href="https://www.benzinga.com/markets/24/11/42060564/trump-ties-housing-relief-to-mass-deportations-experts-say-not-so-fast">has signaled plans for broad housing market reforms</a>, while outgoing officials, including Vice President Harris, have proposed measures like down-payment assistance programs.&nbsp;
Read Next:
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Real Estate

Redfin Reveals 22% Of Renters Say They Have Nothing Left After Paying Rent

Datadog's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NYSE">DDOG</a>) short percent of float has risen 16.1% since its last report. The company recently reported that it has 11.37 million shares sold short, which is 3.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.05 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Datadog Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732811411_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Datadog has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Datadog's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Datadog's peer group average for short interest as a percentage of float is 3.06%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

DDOG

Peering Into Datadog's Recent Short Interest

The SaaS sector offers a blend of innovation and resilience, making it an intelligent investment as businesses turn to cloud solutions. Given this trend, it could be wise to invest in high-growth SaaS stocks, DocuSign (DOCU), Twilio (TWLO), and Smartsheet (SMAR). Keep reading… As more companies rely on cloud solutions and AI-driven tools to enhance operations and boost efficiency, the SaaS (Software-as-a-Service) industry is expected to develop significantly. Thus, investors might want to scoop up shares of SaaS stocks, such as DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>), Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>), and Smartsheet Inc. (<a href="https://stocknews.com/stock/SMAR/">SMAR</a>), given their growth potential.
As the SaaS industry evolves, growth potential lies not only in core functionalities but also in strategic partnerships and expanding service portfolios. Modern technological advances have also contributed to the growth of personalized products, and that has <a href="https://medium.com/@marketing.cyperstudio/evolution-of-the-saas-industry-the-rise-of-customized-saas-products-fe2a77eb9964">enabled SaaS providers to provide highly customized systems</a> that can adapt and learn from user behavior thanks to machine learning, artificial intelligence, and advanced analytics.
According to <a href="https://www.statista.com/outlook/tmo/public-cloud/software-as-a-service/worldwide">Statista</a>, the global SaaS market is anticipated to reach $793.10 billion by 2029, exhibiting a CAGR of 19.3%. It is estimated that by 2025, <a href="http://pages.bettercloud.com/rs/719-KZY-706/images/2020_StateofSaaSOpsReport.pdf">85% of business apps will be SaaS-based</a>.  Gartner predicts that by 2026, <a href="https://www.gartner.com/en/newsroom/press-releases/2021-08-02-gartner-says-four-trends-are-shaping-the-future-of-public-cloud">public cloud spending is projected to exceed 45%</a> of all enterprise IT spending.
Moreover, SaaS companies often generate recurring revenue through subscription models, which ensures cash flow stability and makes them resilient during economic downturns. This makes them a compelling addition to portfolios with long-term goals.
Now, let's take a closer look at the fundamentals of the <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> stocks mentioned above, beginning with the third choice.
Stock #3: Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>)
TWLO provides a customer engagement platform comprising international communications application programming interfaces. It operates through two segments: Twilio Communications and Twilio Data &amp; Applications.
On October 1, TWLO and OpenAI collaborated to integrate OpenAI's Realtime API into its platform. This integration will enable TWLO to build conversational AI applications and agents, which will bring customers more natural interactions to the platform.
On September 9, TWLO announced expanded accessibility of Rich Communication Services (RCS) messaging via its Programmable Messaging and Verify APIs to enhance branded and verified messaging and build customer trust in its source.
In the fiscal second quarter that ended on June 30, 2024, TWLO's revenue increased 4.3% year-over-year to $1.08 billion with a non-GAAP gross margin of 53.3% (up 110 bps year-over-year). The company reported non-GAAP income from operations of $175.32 million, indicating a 45.9% growth from the prior-year quarter.
TWLO's non-GAAP net income came in at $150.12 million, up 48.9% year-over-year, while its non-GAAP net income per share grew 61.1% from the year-ago value to $0.87. Also, its <a href="https://www.investopedia.com/terms/f/freecashflow.asp">free cash flow</a> increased 174.7% year-over-year to $197.58 million.
According to the financial guidance for fiscal year 2024, the company's non-GAAP income from operations is projected to be between $650 million and $675 million, with organic revenue growth anticipated to range from 6%-7%.
The consensus revenue estimate of $1.09 billion for the fiscal third quarter (ended September 2024) represents a 5.8% increase year-over-year. The consensus EPS estimate of $0.86 for the same quarter indicates a 47.6% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Moreover, TWLO's revenue has grown at CAGRs of 23.4% and 36.9% over the past three and five years, respectively. In addition, its total assets increased at 15.5% CAGR over the past five years.
The stock has surged 34.5% over the past year and 17.6% over the past three months to close the last trading session at $70.60.
TWLO's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
TWLO has an A grade for Growth and a B for Value and Sentiment. It is ranked #9 out of 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry. <a href="https://stocknews.com/stock/TWLO/">Click here</a> to see the additional ratings for TWLO (Momentum, Stability, and Quality).
Stock #2: Smartsheet Inc. (<a href="https://stocknews.com/stock/SMAR/">SMAR</a>)
SMAR provides a work management platform for organizations, allowing them to plan, capture, manage, automate, and report on work at scale. The company's platform enables teams of all sizes to manage custom processes, programs, and portfolios that fit, and it delivers its cloud-based software platform globally through a subscription model.
On October 8, SMAR announced its strategic collaboration with AWS to launch a new connector for Amazon Q Business that synchronizes data and provides insights to the customers. This new connector will allow the generative AI-powered assistant to answer customers' queries through a unified search experience.
SMAR's total revenue for the second quarter (ended July 31, 2024) increased 17.3% year-over-year to $276.41 million. Its non-GAAP operating income grew 135.7% from the prior year's quarter to $45.29 million.
The company's non-GAAP net income amounted to $61.64 million and $0.44 per share, reflecting increases of 180% and 175% year-over-year, respectively. In addition, SMAR's free cash flow rose 25.6% from the year-ago value to $57.15 million.
As per the fiscal year 2025 financial outlook, SMAR forecasts total revenue to range between $1.116 billion and $1.121 billion. The company also expects non-GAAP operating income to be between $177 million and $182 million and a free cash flow of $240 million. It also expects non-GAAP net income per share to be between $1.36 and $1.39.
Street expects SMAR's revenue for the fiscal third quarter (ending October 2024) to increase 15.4% year-over-year to $283.87 million. Its EPS for the same period is expected to register a 90.1% growth from the prior year, settling at $0.30. In addition, it surpassed the consensus revenue and EPS in each of the trailing four quarters, which is excellent.
Over the past three and five years, SMAR's revenue income grew at CAGRs of 31.6% and 36.5%, respectively, while its levered FCF grew at 47.3% CAGR over the past five years.
Over the past six months, the stock has gained 46%, closing the last trading session at $55.89.
It's no surprise that SMAR has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Growth and a B for Sentiment and Quality. Out of 18 stocks in the same A-rated industry, SMAR is ranked #6.
Beyond what is stated above, we've also rated SMAR for Value, Momentum, and Stability. Get all SMAR ratings <a href="https://stocknews.com/stock/SMAR/">here</a>.
Stock #1: DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU provides cloud-based electronic signature solutions that enable sending and signing agreements, allowing organizations to do business faster with less risk and at a lower cost. It also offers contract lifecycle management software that automates workflows.
On June 4, DOCU announced the launch of a new connector for SAP Ariba solutions that will help automate workflows between DOCU's CLM and SAP Ariba, streamlining the source-to-pay process. This launch should enhance DOCU's market position and firmly establish the company as a leader.
On May 31, DOCU completed its acquisition of Lexion, a leading AI-powered agreement management company. This acquisition will strengthen DOCU's Intelligent Agreement Management (IAM) capabilities, bringing more insights, analysis, and automation to its customers.
For the second quarter of 2025, which ended on July 31, DOCU's total revenues increased 7% year-over-year to $736.03 million. Its non-GAAP income from operations stood at $237.16 million, indicating a 39.6% growth from the prior-year quarter.
DOCU's non-GAAP net income rose 34.3% from the year-ago value to $200.99 million, while its non-GAAP net income per share stood at $0.97, up 34.7% year-over-year. Also, the company's non-GAAP free cash flow grew by 7.8% from the year-ago value to $197.93 million.
Per the outlook for fiscal year 2025, DOCU expects its total revenue to be between $2.94 billion and $2.95 billion. It forecasts subscription revenue to range from $2.86 billion to $2.88 billion, with billings between $2.99 and $3.03 billion. Additionally, DOCU expects its non-GAAP operating margin to fall in the range of 29% to 29.5%.
Analysts expect DOCU's revenue for the third quarter ending October 31, 2024, to increase 6.4% year-over-year to $745.32 million, while its EPS for the same period is expected to grow 10.6% from the prior-year quarter to $0.87. The company surpassed consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
DOCU's revenue has grown at CAGRs of 16.8% and 28.1% over the past three and five years, respectively. Likewise, the company's total assets have increased at a CAGR of 16.8% over the past three years.
DOCU shares have surged 76.1% over the past year and 25.8% over the past three months to close the last trading session at $70.56.
DOCU's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade for Quality and a B for Growth and Value. Within the A-rated Software - SAAS industry, it is ranked #2. <a href="https://stocknews.com/stock/DOCU/">Click here</a> to see DOCU's ratings for Momentum, Stability, and Sentiment.
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<hr />
DOCU shares were trading at $71.34 per share on Thursday afternoon, up $0.78 (+1.11%). Year-to-date, DOCU has gained 20.00%, versus a 22.96% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/docu-twlo-smar-3-high-growth-saas-stocks-to-buy-before-the-next-boom/>3 High-Growth SaaS Stocks to Buy Before the Next Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth SaaS Stocks to Buy Before the Next Boom

With robust demand, and the need for higher efficiency, the SAAS market is poised for continued growth and expansion. Therefore, it could be ideal to closely monitor high-growth SAAS stocks UiPath (PATH), CCC Intelligent Solutions (CCCS), and DocuSign (DOCU) for substantial benefit. Read on... The popularity of Software-as-a-Service (SAAS) is rapidly surging among organizations to boost their efficiency and adopt the latest technologies. SAAS has emerged as a prominent force in the technology and business landscape, and this trend is set to continue further as organizations deploy and use software.
Given the industry's strong outlook, investors could consider high-growth SAAS stocks UiPath Inc. (<a href="https://stocknews.com/stock/PATH/">PATH</a>), CCC Intelligent Solutions Holdings Inc. (<a href="https://stocknews.com/stock/CCCS/">CCCS</a>), and DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>) in November.
With the rapid transformation from traditional software applications to cloud-based software services, the Software-as-a-service market is poised to expand exponentially. Companies are increasingly investing in digital transformation and adopting trends like Vertical SaaS, DaaS, and iPaaS in order to boost their operational efficiency, cost-effectiveness, and versatility.
<a href="https://www.gartner.com/en/newsroom/press-releases/2024-05-20-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-surpass-675-billion-in-2024#:~:text=SaaS%20spending%20is%20projected%20to,consumption%20model%2C%E2%80%9D%20said%20Nag.">Gartner projected worldwide end-user spending</a> on public cloud services to increase by 20.4%, reaching $675.4 billion this year, driven by generative AI (GenAI) and application modernization.
Also, SaaS continues to dominate the cloud market in end-user spending, having a projection of 20% growth in spending to reach $247.2 billion in 2024.
Following these lucrative trends, the global Software as a Service (SaaS) market is expected to grow from $317.55 billion in 2024 to $1.23 billion by 2032, exhibiting growth at a <a href="https://www.fortunebusinessinsights.com/software-as-a-service-saas-market-102222">CAGR of 18.4%</a>. In global comparison, the U.S. SaaS market is anticipated to grow to $236.69 billion by 2032, driven by the adoption of public and hybrid cloud-based tools.
With growing needs, companies engaged in SAAS services are positioned to capitalize on the industry's bright prospects and will yield high growth in the long run. Thus, investors could scoop up high-growth SaaS companies' stocks to advance their portfolios.
Now, let's take a closer look at the fundamentals of the top <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> stocks mentioned above, beginning with the third choice.
Stock #3: UiPath Inc. (<a href="https://stocknews.com/stock/PATH/">PATH</a>)
PATH provides an end-to-end automation platform offering a diverse range of international robotic process automation (RPA) solutions. It provides a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.
On October 22, PATH announced a strategic partnership with Inflection AI to integrate the UiPath Platform with the new Inflection for Enterprise solution, enabling enterprises to achieve greater levels of operational efficiency and effectiveness without compromising trust and AI security options.
The strategic partnership will integrate Inflection AI within UiPath Autopilot and provide an important private cloud alternative for agentic automation tailored to the industries.
On October 15, PATH announced the integration of the UiPath Platform with the SAP Build Process Automation solution, to be sold as one of the SAP Solution Extensions. The offering will enable true enterprise-wide transformation by allowing customers to embrace a holistic view of automation across heterogeneous environments that span both SAP and non-SAP systems.
For the second that ended July 31, 2024, PATH's total revenue increased 10.1% year-over-year to $316.25 million. Its non-GAAP <a href="https://www.investopedia.com/terms/g/grossprofit.asp#:~:text=Gross%20profit%2C%20or%20gross%20income,fluctuate%20compared%20to%20production%20output.">gross profit</a> grew 6.6% from the year-ago value to $263.18 million. Also, the company's non-GAAP net income amounted to $23.76 million or $0.04 per share for the quarter, respectively.
Furthermore, as of July 31, 2024, the company's non-GAAP adjusted free cash flow was $149.78 million.
Analysts expect PATH's revenue and EPS for the fiscal year (ending January 2026) to increase 11.3% and 10.5% year-over-year to $1.58 billion and $0.44, respectively. Further, the company has topped the consensus revenue and EPS estimates in all four trailing quarters.
PATH's stock has surged 3.1% over the past three months to close the last trading session at $12.70.
PATH's solid outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Growth and Quality. Within the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry, PATH is ranked #11 among 18 stocks.
<a href="https://stocknews.com/stock/PATH/">Click here</a> to access additional ratings of PATH (Stability, Value, Sentiment, and Momentum).
Stock #2: CCC Intelligent Solutions Holdings Inc. (<a href="https://stocknews.com/stock/CCCS/">CCCS</a>)
CCCS operates as a software-as-a-service company for the property and casualty insurance economy. Its cloud-based SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence-enabled digital workflow across the insurance economy.
On September 4, CCCS launched CCC&#xAE; Payroll, a new solution designed to streamline payroll management for collision repair shops. CCC Payroll is integrated into the CCC ONE&#xAE; platform and enables shops to track production and labor and streamline payroll within a single system, simplifying the payroll process.
The new solution simplifies the payroll process and gives greater visibility to employees.
On July 30, CCCS unveiled CCC&#xAE; Intelligent Reinspection, a new solution designed to help auto insurers streamline the review of incoming repair facility estimates, expediting repairer workflows and claims resolutions. The new solution leverages AI technology, and identifies areas for review, and provides reason codes based on insurer rules, helping reinspectors.
For the third quarter that ended on September 30, 2024, CCCS' revenues increased 7.8% year-over-year to $238.48 million. Its adjusted gross profit rose 8% from the prior year's period to $185.93 million. The company's adjusted operating income of $91.19 million reflects growth of 10.3% from the previous year's quarter.
Furthermore, the company's adjusted net income stood at $62.58 million and $0.10 per share, up 9.5% and 11.1% year-over-year, respectively. Its adjusted EBITDA increased 9.3% from the year-ago value to $101.55 million.
Analysts expect CCCS' revenue for the fourth quarter (ending December 2024) to increase 7.3% year-over-year to $245.23 million. For the same period, its EPS is expected to grow 8% year-over-year to $0.10. Further, the company topped the consensus revenue and EPS estimates in all trailing four quarters, which is remarkable.
Over the past year, the stock has gained 2.3% to close the last trading session at $10.93.
CCCS' sound fundamentals are reflected in its POWR Ratings. The stock has an overall grade of A, translating to a Strong Buy in our proprietary rating system.
CCCS has a B grade for Momentum, Stability, Sentiment, and Growth. It is ranked #4 among the 18 stocks within the A-rated Software - SAAS industry.
To see the other ratings of CCCS for Quality and Value, <a href="https://stocknews.com/stock/CCCS/">click here</a>.
Stock #1: DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU provides electronic signature solutions internationally. The company provides an e-signature solution, enabling the sending and signing of agreements on various devices, Contract Lifecycle Management (CLM), Document Generation streamlines the process of generating new, custom agreements, and Gen for Salesforce.
On June 4, DOCU launched a new connector for SAP Ariba solutions that automate workflows between Docusign CLM and SAP Ariba solutions to help businesses accelerate time to value and eliminate friction in source-to-pay agreement processes. The launch enhanced DOCU's market position and firmly established the company as a leader.
On May 31, DOCU acquired Lexion, a leading AI-powered agreement management company. The acquisition strengthened DOCU's position in Intelligent Agreement Management (IAM) and added more AI-assisted capabilities to its platform, bringing more insights, analysis, and automation to its customers.
DOCU's total revenues increased 7% year-over-year to $736.03 million during the second quarter that ended on July 31, 2024. It reported non-GAAP income from operations of $237.16 million, indicating growth of 39.6% year-over-year. The company's non-GAAP free cash flow grew 7.8% from the year-ago value to $197.93 million.
Additionally, the company's non-GAAP net income came in at $200.99 million and $0.97 per share, up 34.3% and 34.7% from the prior year's quarter, respectively.
According to the company's fiscal year 2025 outlook, DOCU expects total revenue between $2.94 billion and $2.95 billion, while it forecasts subscription revenue to range from $2.86 billion to $2.88 billion.
For the third quarter (ending October 2024), analysts expect DOCU's revenue to grow 6.4% year-over-year to $745.32 million. For the same period, the company's EPS is expected to increase 10.6% year-over-year to $0.87. Also, it has surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
DOCU's stock has surged 22.9% over the past six months and 80.9% over the past year to close the last trading session at $70.15.
DOCU's POWR Ratings reflect its promising prospects. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
DOCU has an A grade for Quality and a B grade for Growth and Value. It is ranked #2 among 18 stocks in the same industry.
In addition to the POWR Ratings I've just highlighted, you can see DOCU's ratings for Stability, Momentum, and Sentiment <a href="https://stocknews.com/stock/DOCU/">here</a>.
What To Do Next?
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<hr />
DOCU shares were trading at $68.98 per share on Wednesday afternoon, down $1.17 (-1.67%). Year-to-date, DOCU has gained 16.03%, versus a 23.16% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/docu-path-cccs-3-high-growth-saas-stocks-to-watch-in-november/>3 High-Growth SaaS Stocks to Watch in November</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth SaaS Stocks to Watch in November

The cloud computing industry is growing rapidly, driven by the increasing demand for scalable, cost-effective solutions. Amid this backdrop, it might be wise to consider affordable cloud stocks like CCC Intelligent Solutions (CCCS), Twilio (TWLO), and DocuSign (DOCU), which have solid growth potential. Read more… Businesses across industries are transitioning to cloud-based services to enhance operational efficiency and reduce costs. This makes the cloud tech sector primed for outsized growth. Therefore, investors looking for an opportunity to capitalize on the sector's growth prospects might consider cloud tech stocks CCC Intelligent Solutions Holdings Inc. (<a href="https://stocknews.com/stock/CCCS/">CCCS</a>), Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>), and DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>), which are trading under $100 but possess immense growth prospects.
Analysts are increasingly optimistic about cloud stocks, citing their ability to deliver sustainable returns. Moreover, Trump's return to administration means <a href="https://www.fierce-network.com/cloud/what-trump-win-means-cloud-policy">more mergers and acquisitions for cloud players</a>. Gartner forecasts worldwide end-user spending on public cloud services to <a href="https://www.gartner.com/en/newsroom/press-releases/2024-05-20-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-surpass-675-billion-in-2024#a__text_Worldwide_20end_2Duser_20spending_20on_247_2C203">grow 20.4% year-over-year in 2024</a>, amounting to $675.4 billion.
According to Statista, the global software as a service (SaaS) market is anticipated to reach $793.10 billion by 2029, <a href="https://www.statista.com/outlook/tmo/public-cloud/software-as-a-service/worldwide">exhibiting a CAGR of 19.3%</a>, further underscoring how the cloud tech sector is set to become more integral to global business operations.
Given this backdrop, let's take a closer look at the fundamentals of the three <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> stocks, beginning with the third choice.
Stock #3: CCC Intelligent Solutions Holdings Inc. (<a href="https://stocknews.com/stock/CCCS/">CCCS</a>)
CCCS provides a SaaS platform for the property and casualty (P&amp;C) insurance economy. The company's cloud-based software serves as a service platform connecting trading partners, facilitating commerce, and enabling digital workflow across the platform through artificial intelligence.
On September 4, CCCS launched CCC&#xAE; Payroll, a new solution designed to streamline payroll management for collision repair shops. This new solution will enable shops to track production and labor within a single system, the CCC ONE&#xAE; Platform, simplifying the process and enhancing transparency.
On July 30, the company launched CCC&#xAE; Intelligent Reinspection, a new solution designed to help auto insurers streamline the review of incoming repair facility estimates, expediting repairer workflows and claims resolutions. This new solution will use AI-powered analysis and audit capabilities to assess incoming shop estimates based on insurer-provided rules.
CCCS' revenues for the third quarter (ended September 30, 2024) increased 7.8% year-over-year to $238.48 million. It reported an adjusted gross profit of $185.93 million, up 8% year-over-year, with a gross profit margin of 77% (up 300 bps).
The company's adjusted <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> came in at $62.58 million and $0.09 per share, up 9.5% and 11.1% year-over-year, respectively. Also, its adjusted EBITDA increased 9.3% year-over-year, amounting to $101.55 million. CCCS' free cash flow rose 6.4% from the year-ago value to $49.38 million.
As per the business outlook for the fiscal year 2024, CCCS forecasts revenue to be between $941 million and $945 million. The company also expects adjusted EBITDA to range from $394 million to $396 million.
Street expects CCCS' revenue for the fiscal fourth quarter (ending December 2024) to increase 7.3% year-over-year to $245.23 million. Its EPS for the same period is expected to register an 8.3% growth from the prior year, settling at $0.10. In addition, it surpassed the consensus revenue and EPS in each of the trailing four quarters, which is excellent.
Over the past three years, CCCS' revenue grew at a CAGR of 11.6%.
Over the past three months, the stock has gained 12%, closing the last trading session at $11.77.
CCCS' <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its promising outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
CCCS' has a B grade for Growth and Stability. It is ranked #9 out of 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry. <a href="https://stocknews.com/stock/CCCS/">Click here</a> to see the other CCCS ratings for value, momentum, sentiment, and quality.
Stock #2: Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>)
TWLO provides a customer engagement platform comprising international communications application programming interfaces. It operates through two segments: Twilio Communications and Twilio Data &amp; Applications.
On October 1, TWLO and OpenAI collaborated to integrate OpenAI's Realtime API into its platform. This integration will enable TWLO to build conversational AI applications and agents, which will bring customers more natural interactions to the platform.
On September 9, TWLO announced expanded accessibility of Rich Communication Services (RCS) messaging via its Programmable Messaging and Verify APIs to enhance branded and verified messaging and build customer trust in its source.
In the fiscal third quarter that ended on September 30, 2024, TWLO's revenue increased 9.7% year-over-year to $1.13 billion with a GAAP gross margin of 51% (up 100 bps year-over-year). The company reported non-GAAP income from operations of $182.42 million, indicating a 33.7% increase from the prior-year quarter.
TWLO's non-GAAP net income came in at $163.92 million, up 53.6% year-over-year, while its non-GAAP net income per share grew 75.9% from the year-ago value to $1.02.
According to the financial guidance for fiscal year 2024, the company's non-GAAP income from operations is projected to be between $700 million and $710 million, with organic revenue growth anticipated to range from 7.5% to 8%.
The consensus revenue estimate of $1.16 billion for the fiscal fourth quarter (ending December 2024) represents a 7.8% increase year-over-year. The consensus EPS estimate of $1 for the same quarter indicates a 16.6% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Moreover, TWLO's revenue has grown at CAGRs of 19.4% and 33.9% over the past three and five years, respectively. In addition, its total assets increased at 14.5% CAGR over the past five years.
Shares of TWLO have surged 59.1% over the past three months and 57.9% over the past nine months to close the last trading session at $96.59.
It's no surprise that TWLO has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Growth and a B for Value and Sentiment. Out of 18 stocks in the same A-rated industry, TWLO is ranked #8.
Beyond what is stated above, we've also rated TWLO for Momentum, Stability, and Quality. Get all TWLO ratings <a href="https://stocknews.com/stock/TWLO/">here</a>.
Stock #1: DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU provides cloud-based electronic signature solutions that enable sending and signing agreements, allowing organizations to do business faster with less risk and at a lower cost. It also offers contract lifecycle management software that automates workflows.
On June 4, DOCU announced the launch of a new connector for SAP Ariba solutions that will help automate workflows between DOCU's CLM and SAP Ariba, streamlining the source-to-pay process. This launch should enhance DOCU's market position and firmly establish the company as a leader.
For the second quarter of 2025, which ended on July 31, DOCU's total revenues increased 7% year-over-year to $736.03 million. Its non-GAAP income from operations stood at $237.16 million, indicating a 39.6% growth from the prior-year quarter.
DOCU's non-GAAP net income rose 34.3% from the year-ago value to $200.99 million, while its non-GAAP net income per share stood at $0.97, up 34.7% year-over-year. Also, the company's non-GAAP free cash flow grew by 7.8% from the year-ago value to $197.93 million.
Per the outlook for fiscal year 2025, DOCU expects its total revenue to be between $2.94 billion and $2.95 billion. It forecasts subscription revenue to range from $2.86 billion to $2.88 billion, with billings between $2.99 and $3.03 billion. Additionally, DOCU expects its non-GAAP operating margin to fall in the range of 29% to 29.5%.
Analysts expect DOCU's revenue for the third quarter ended October 31, 2024, to increase 6.4% year-over-year to $745.32 million, while its EPS for the same period is expected to grow 10.6% from the prior-year quarter to $0.87. The company surpassed street revenue and EPS estimates in each of the trailing four quarters, which is impressive.
DOCU's revenue has grown at CAGRs of 16.8% and 28.1% over the past three and five years, respectively. Likewise, the company's levered FCF has increased at a CAGR of 36.9% over the past five years.
DOCU shares have surged 82.4% over the past year and 53.6% over the past nine months to close the last trading session at $79.11.
DOCU's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade for Quality and a B for Growth and Value. Within the Software - SAAS industry, it is ranked #3. <a href="https://stocknews.com/stock/DOCU/">Click here</a> to see DOCU's ratings for Momentum, Stability, and Sentiment.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
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<hr />
DOCU shares were trading at $78.43 per share on Monday morning, down $0.68 (-0.86%). Year-to-date, DOCU has gained 31.93%, versus a 24.45% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/docu-twlo-cccs-3-affordable-cloud-tech-stocks-with-high-growth-potential/>3 Affordable Cloud Tech Stocks With High Growth Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Affordable Cloud Tech Stocks With High Growth Potential

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The AI industry is poised for incredible growth, aided by groundbreaking advancements. In this thriving landscape, Palantir Technologies (PLTR) stands out with its robust fundamentals and positioning and has become the prime trajectory to capitalize on the sector's expansion effectively. Read more to find out…. The AI industry has shown incredible growth prospects owing to AI integrations in a wide range of industries, from defense, education, technology, pharmaceuticals, and so many more. With the solid growth trajectory of the AI market, poised to grow at a <a href="https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-market-74851580.html">CAGR of 35.7%</a> to reach $1.34 trillion by 2030, the future of the AI industry seems extremely optimistic.
Amid this AI revolution, Palantir Technologies Inc. (<a href="https://stocknews.com/stock/PLTR/">PLTR</a>) stands at the forefront owing to its aggressive expansion into AI capabilities and major contracts and partnerships in the pipeline. PLTR is well-positioned to benefit from the AI market's explosive growth prospects and seems a wise choice for growth-focused investors.
The company's impressive growth over the past year highlights its potential. The stock surged 204% in the past six months and an impressive 226.8% over the last year, closing at $64.35 in the latest trading session. These gains reflect PLTR's ability to capitalize on the sector's continued expansion.
So, let's take a closer look at the factors that could influence PLTR's performance in the near future.
Recent Developments
On November 15, PLTR <a href="https://investors.palantir.com/news-details/2024/Palantir-Launches-AIP-for-Developers-at-DevCon/">announced the launch</a> of its new Artificial intelligence Platform (AIP) for Developers features at its first Developer Conference, DevCon. With new releases like ontology SDK 2.0, new Platform APIs, Workflow Builder, and more, PLTR expects to enable new and faster development tooling and enhanced language expansiveness and place itself on the forefront of the AI revolution.
On November 13, PLTR announced the renewal of its <a href="https://investors.palantir.com/news-details/2024/Palantir-and-Rio-Tinto-Renew-Enterprise-Contract-and-Extend-Access-to-Palantirs-AI-Platform/">multi-year enterprise agreement</a> with the Rio Tinto Group (<a href="https://stocknews.com/stock/RIO/">RIO</a>), one of the world's leading mining and metals groups. With this agreement, PLTR will grant RIO access to its AIP and expand its overall popularity in the AI market, enhancing its future growth prospects.
Sound Historical Growth
Over the past three years, PLTR's revenue has grown at a CAGR of 22.7%. Meanwhile, its tangible book value rose at a CAGR of 26%.
Furthermore, during the same time frame, the company's total assets and levered free cash flow grew at respective CAGRs of 21.4% and 15.1%. The sustained performance highlights the company's strong growth trajectory over the last few years.
Strong Financials
For the fiscal third quarter that ended September 30, 2024, PLTR's revenue increased 30% year-over-year to $725.52 million. Its adjusted income from operations grew 68.7% from the year-ago value to $275.52 million. Moreover, the company's <a href="https://www.investopedia.com/terms/a/adjusted-ebitda.asp">adjusted EBITDA</a> increased 64.9% year-over-year to $283.60 million.
PLTR's adjusted net income attributable to common stockholders and adjusted EPS rose 55.8% and 42.9% from the prior year's quarter to $241.56 million and $0.10, respectively. As of September 30, 2024, PLTR's total assets stood at $5.77 billion, compared to $4.52 billion on December 31, 2023.
Favorable Analyst Estimates
Analysts predict PLTR's revenue and EPS for the fiscal fourth quarter (ending December 2024) to rise by 27.6% and 39% year-over-year, reaching $776.20 million and $0.11, respectively. The company has consistently exceeded the consensus revenue and EPS estimates in each of the four trailing quarters, which is noteworthy.
For the full fiscal year ending December 2024, PLTR's revenue and EPS are expected to grow 25.5% and 51.5% from the previous year, reaching $2.79 billion and $0.38, respectively. The impressive growth reflects the company's strong performance and ongoing upward momentum.
Looking further ahead to the next fiscal year ending in December 2025, PLTR is projected to see additional growth, with revenue and EPS forecasted to rise by 24.2% and 24.7%, reaching $3.47 billion and $0.47, respectively.
High Profitability
PLTR's trailing-12-month gross profit margin of 81.10% is 60.5% higher than the industry average of 50.53%. Its trailing-12-month levered FCF margin stands at 29.64%, 164.8% higher than the industry average of 11.19%.
Additionally, PLTR's trailing-12-month net income margin of 18.01% outperforms the industry average of 3.57% by 404.2%. Moreover, the company boasts a trailing-12-month EBITDA margin of 15.03%, which is 47.7% above the sector average of 10.17%.
POWR Ratings Reflects Optimism
PLTR's fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree. Our proprietary rating system also evaluates each stock based on eight distinct categories.
PLTR has an A grade for Quality, which is justified by its higher-than-average profitability metrics. Also, it holds a solid B grade for Growth, showcasing consistent performance in cycles, backed by a robust history of growth.
Within the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry, PLTR is ranked #15 out of 18 stocks. Beyond what is stated above, we have also given PLTR grades for Growth, Value, Momentum, Sentiment, and Stability. Get all PLTR ratings <a href="https://stocknews.com/stock/PLTR/">here</a>.
Bottom Line
PLTR has marked its territory as a formidable force in the AI industry, owing to its expansion into AI capabilities and major contracts and partnerships in the pipeline. With a consistent track record of profitability, the company is well-positioned to capitalize on the growing AI market, further enhancing its competitive edge.
Given PLTR's high profitability and its strategic position in the AI industry, it could be an attractive buy for investors seeking growth potential.
How Does Palantir Technologies Inc. (PLTR) Stack Up Against Its Peers?
Although PLTR's near-term outlook appears sound, it may be worthwhile to explore its industry peers, who currently exhibit even stronger POWR Ratings. So, consider these three A (Strong Buy) or B-rated (Buy) stocks from the <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry:
DocuSign Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
Kaltura, Inc. (<a href="https://stocknews.com/stock/KLTR/">KLTR</a>)
WM Holding Company, LLC (<a href="https://stocknews.com/stock/MAPS/">MAPS</a>)
To explore more A or B-rated Software - SAAS stocks, <a href="https://stocknews.com/category/software-saas/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>
<hr />
PLTR shares were trading at $64.94 per share on Monday morning, up $0.59 (+0.92%). Year-to-date, PLTR has gained 278.22%, versus a 27.05% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/pltr-docu-kltr-maps-rio-should-you-add-palantir-to-your-watchlist-for-its-growth/>Should You Add Palantir to Your Watchlist for Its Growth Potential?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Should You Add Palantir to Your Watchlist for Its Growth Potential?

DocuSign Q2: Focusing On International Expansion; Reiterate 'Buy' Rating

The SaaS industry's strong growth is driven by the growing popularity of cloud-based solutions and an increasing reliance on digital tools. Amid this backdrop, it could be wise to watch SaaS stocks Palantir Technologies (PLTR), Twilio (TWLO), and DocuSign (DOCU). Continue reading... The software-as-a-service (SaaS) industry is driven by the growing reliance on SaaS solutions that offer real-time threat intelligence and monitoring capabilities, rising demand for payment gateways, and inventory management in the e-commerce sector.
Amid such conducive trends, investors could consider watching high-growth SaaS stocks, Palantir Technologies Inc. (<a href="https://stocknews.com/stock/PLTR/">PLTR</a>), Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>), and DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>).
As the <a href="https://www.statista.com/outlook/tmo/public-cloud/software-as-a-service/united-states">adoption of cloud-based services</a> continues to grow, there has been a noticeable shift towards SaaS solutions in the public cloud market. A desire for greater flexibility and cost-effectiveness and the need for faster deployment and scalability drives this trend.
Additionally, the rise of remote work and the reliance on digital tools has further accelerated the demand for SaaS offerings. The U.S. SaaS market is predicted to be worth around $412.14 billion by 2034, at a <a href="https://www.precedenceresearch.com/software-as-a-service-market">CAGR of 13.5%</a> from 2024 to 2034.
Considering these factors, let's take a look at the fundamentals of the three <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> stocks, beginning with the third one.
Stock #3: Palantir Technologies Inc. (<a href="https://stocknews.com/stock/PLTR/">PLTR</a>)
PLTR builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.
On November 13, 2024, PLTR renewed its multi-year enterprise agreement with the Rio Tinto Group, one of the world's leading mining and metals groups. The agreement extends the enterprise agreement for an additional 4 years and secures Rio Tinto's ongoing access to the Palantir Artificial Intelligence Platform (AIP).
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a>, PLTR's 81.10% is 60.6% higher than the 50.51% industry average. Likewise, its 5.46% trailing-12-month Return on Total Capital is 78.9% higher than the 3.05% industry average.
PLTR's revenue for the fiscal third quarter, which ended September 30, 2024, increased 30% year-over-year to $725.52 million. In addition, its adjusted net income attributable to PLTR and adjusted EPS stood at $241.56 million and $0.10, up 55.8% and 42.9% year-over-year, respectively.
Analysts expect PLTR's revenue for the fourth quarter ending December 2024 to increase 27.6% year-over-year to $776.20 million. Its EPS is expected to increase 38.1% year-over-year to $0.11 for the same quarter. It surpassed Street revenue and EPS estimates in each of the trailing quarters.
Its revenue has grown at a CAGR of 22.7% over the past three years, while its total assets have grown at a CAGR of 21.4% over the same period. Shares of PLTR have gained 106.86% over the past three months to close the last trading session at $65.74.
PLTR's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its outlook. PLTR has an A grade for Quality and a B for Growth. It is ranked #15 among 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
<a href="https://stocknews.com/stock/PLTR/">Click here</a> to access the additional PLTR ratings (Momentum, Stability, Sentiment, and Value).
Stock #2: Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>)
TWLO provides a customer engagement platform comprising international communications application programming interfaces. It operates through two segments: Twilio Communications and Twilio Data &amp; Applications.
On October 1, TWLO and OpenAI collaborated to integrate OpenAI's Realtime API into its platform. This integration will enable TWLO to build conversational AI applications and agents, which will bring customers more natural interactions to the platform.
On September 9, TWLO announced expanded accessibility of Rich Communication Services (RCS) messaging via its Programmable Messaging and Verify APIs to enhance branded and verified messaging and build customer trust in its source.
In terms of the trailing-12-month gross profit margin, TWLO's 50.94% is marginally higher than the 50.51% industry average. Its 19.17% trailing-12-month levered FCF margin is 73.4% higher than the 11.06% industry average.
In the fiscal third quarter that ended on September 30, 2024, TWLO's revenue increased 9.7% year-over-year to $1.13 billion with a GAAP gross margin of 51% (up 100 bps year-over-year). The company reported non-GAAP income from operations of $182.42 million, indicating a 33.7% increase from the prior-year quarter.
TWLO's non-GAAP net income came in at $163.92 million, up 53.6% year-over-year, while its non-GAAP net income per share grew 75.9% from the year-ago value to $1.02.
According to the financial guidance for fiscal year 2024, the company's non-GAAP income from operations is projected to be between $700 million and $710 million, with organic revenue growth anticipated to range from 7.5% to 8%.
The consensus revenue estimate of $1.16 billion for the fiscal fourth quarter (ending December 2024) represents a 7.8% increase year-over-year. The consensus EPS estimate of $1 for the same quarter indicates a 16.6% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
The company's revenue and levered FCF have grown at CAGRs of 19.4% and 41.2% over the past three years, respectively. TWLO's stock gained 48.2% over the past month to close the last trading session at $104.41.
TWLO's fundamentals are reflected in its POWR Ratings. The stock has an A grade for Growth and a B for Sentiment and Value. TWLO is ranked #7 in the same industry.
Beyond what is stated above, we've also rated TWLO for Momentum, Stability, and Quality. Get all TWLO ratings <a href="https://stocknews.com/stock/TWLO/">here</a>.
Stock #1: DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU provides cloud-based electronic signature solutions that enable sending and signing agreements, allowing organizations to do business faster with less risk and at a lower cost. It also offers contract lifecycle management software that automates workflows.
DOCU's trailing-12-month ROCE of 70.34% is significantly higher than the industry average of 3.95%. Its trailing-12-month ROTC of 4.47% is 46.5% higher than the 3.05% industry average.
For the second quarter of 2025, which ended on July 31, DOCU's total revenues increased 7% year-over-year to $736.03 million. Its non-GAAP income from operations stood at $237.16 million, indicating a 39.6% growth from the prior-year quarter.
DOCU's non-GAAP net income rose 34.3% from the year-ago value to $200.99 million, while its non-GAAP net income per share stood at $0.97, up 34.7% year-over-year. Also, the company's non-GAAP free cash flow grew by 7.8% from the year-ago value to $197.93 million.
Per the outlook for fiscal year 2025, DOCU expects its total revenue to be between $2.94 billion and $2.95 billion. It forecasts subscription revenue to range from $2.86 billion to $2.88 billion, with billings between $2.99 and $3.03 billion. Additionally, DOCU expects its non-GAAP operating margin to fall in the range of 29% to 29.5%.
Analysts expect DOCU's revenue for the third quarter ended October 31, 2024, to increase 6.4% year-over-year to $745.33 million, while its EPS for the same period is expected to grow 10.6% from the prior-year quarter to $0.87. The company surpassed street revenue and EPS estimates in each of the trailing four quarters, which is impressive.
The company's revenue and levered FCF have grown at CAGRs of 16.8% and 17.7% over the past three years, respectively. The stock has gained 49.8% over the past six months, closing the last trading session at $85.30.
DOCU's POWR Ratings reflect bright prospects. The stock has an A grade for Quality and a B for Value and Growth. It is ranked #3 in the same industry.
In addition to the POWR Ratings highlighted above, one can access DOCU's ratings for Momentum, Stability, and Sentiment <a href="https://stocknews.com/stock/DOCU/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
PLTR shares were trading at $65.89 per share on Wednesday afternoon, up $0.15 (+0.23%). Year-to-date, PLTR has gained 283.75%, versus a 27.16% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/pltr-twlo-docu-3-high-growth-saas-stocks-to-watch/>3 High-Growth SaaS Stocks to Watch</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth SaaS Stocks to Watch

ALLY

AMKR

AMTM

BIRK

BRKR

CART

CCCS

CELH

CHWY

CORT

DOCU

ENPH

ENSG

FOUR

GLOB

GTLS

KLTR

LCID

LINE

MAPS

MDGL

NTRA

ODFL

OLLI

PATH

PEGA

PODD

RIVN

SAIC

SIRI

SMAR

SMMD

SMMT

SWKS

TWLO

UPST

VERX

VRNS

Earnings

Fintech

Press Releases

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Docusign Announces Second Quarter Fiscal 2025 Financial Results

Moderne Ventures Closes over $230M for MV Fund III, Scaling its Modern Approach to Venture Investing

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Inc. Names Docusign as a 2024 Power Partner Award Winner

Docusign Announces Timing of Third Quarter Fiscal 2025 Earnings Conference Call

Docusign Unveils "Docusign for Developers" to Accelerate Intelligent Agreement Management at Docusign Discover Event

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