SolarWinds
About: SolarWinds Corp is a provider of information technology (IT), and management software. Company offers full-stack observability solutions. The company's business is focused on building products that enable technology professionals and leaders to securely monitor and manage the performance of their IT environments, whether on-premises, in the cloud or in hybrid deployments. The products offered are designed to monitor and manage networks, systems, databases and applications across on-premises, multi-cloud and hybrid IT environments without the need for customization or professional services.
Employees: 2,100
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
60% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 48
9% more capital invested
Capital invested by funds: $1.97B [Q2] → $2.16B (+$187M) [Q3]
1.57% more ownership
Funds ownership: 96.13% [Q2] → 97.71% (+1.57%) [Q3]
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
1% less funds holding
Funds holding: 188 [Q2] → 187 (-1) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
5%
upside
Avg. target
$16.50
15%
upside
High target
$20
39%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
Scotiabank Patrick Colville 48% 1-year accuracy 20 / 42 met price target | 5%upside $15 | Sector Perform Maintained | 21 Jan 2025 |
RBC Capital Matthew Hedberg 67% 1-year accuracy 147 / 219 met price target | 12%upside $16 | Sector Perform Maintained | 21 Jan 2025 |
Wedbush Daniel Ives 70% 1-year accuracy 93 / 133 met price target | 39%upside $20 | Outperform Initiated | 19 Dec 2024 |
Baird Rob Oliver 68% 1-year accuracy 30 / 44 met price target | 5%upside $15 | Neutral Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 3 articles about SWI published over the past 30 days
Neutral
Business Wire
12 hours ago
SolarWinds Earns Global Recognition for Leading IT Management Solutions and Industry Leadership
AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces several new recognitions honoring SolarWinds products, solutions, and executives in the second half of 2024. SolarWinds empowers customers to navigate complex hybrid and multi-cloud IT environments, accelerating modernization and cloud migration initiatives. In 2024, the company launched new capabilities to SolarWinds® Observability Self-Hoste.
Positive
Zacks Investment Research
5 days ago
Can SolarWinds (SWI) Keep the Earnings Surprise Streak Alive?
SolarWinds (SWI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Positive
Zacks Investment Research
3 weeks ago
What Makes SolarWinds (SWI) a New Buy Stock
SolarWinds (SWI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Seeking Alpha
1 month ago
SolarWinds Corporation: Rating Upgrade On Better Growth Outlook
I recommend a buy rating for SolarWinds Corporation due to improved macroeconomic conditions and solid company-level progress over the past year. The macroenvironment has stabilized with reduced inflation and interest rate cuts, creating a favorable demand landscape for SWI. SWI's successful migration to a subscription-based model and consolidation strategy has led to larger deal sizes and accelerated ARR growth.
Neutral
Business Wire
1 month ago
Glancy Prongay & Murray LLP Announces Investigation of SolarWinds Corporation (SWI)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of SolarWinds Corporation (NYSE: SWI) concerning the Company and its directors' and officers' possible violations of state laws. If you own SolarWinds stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New York, NY 10169 at tkenn.
Neutral
Business Wire
1 month ago
SolarWinds to Demonstrate How Observability Simplifies Cloud Migration at AWS re:Invent 2024
AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, will showcase its SolarWinds® Observability SaaS option at AWS re:Invent 2024. SolarWinds, an Amazon Web Services® (AWS®) Partner in the AWS Partner Network (APN), will demonstrate how SolarWinds Observability improves operational efficiency and helps ensure performance across hybrid and multi-cloud environments. SolarWinds Observability enables custome.
Neutral
Business Wire
2 months ago
New SolarWinds Report: Automation, Self-Service, and SLAs Are Keys to ITSM Efficiency
AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today released its 2024 State of ITSM Report, which provides practical, actionable guidance rooted in real-world Information Technology Service Management (ITSM) strategies. This report analyzed over 2,000 ITSM data systems and 60,000 points of anonymized and aggregated SolarWinds customer data. Overall, the data asserts that organizations cannot stream.
Positive
Zacks Investment Research
2 months ago
SolarWinds (SWI) Hit a 52 Week High, Can the Run Continue?
SolarWinds (SWI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Neutral
Seeking Alpha
2 months ago
SolarWinds Corporation (SWI) Q3 2024 Earnings Call Transcript
SolarWinds Corporation (NYSE:SWI ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Tim Karaca - Vice President, Finance Sudhakar Ramakrishna - President and CEO Lewis Black - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Matt Hedberg - RBC Capital Markets Sanjit Singh - Morgan Stanley Pinjalim Bora - JPMorgan Miller Jump - Truist Securities Patrick Colville - Scotiabank Operator Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today.
Neutral
Zacks Investment Research
2 months ago
Compared to Estimates, SolarWinds (SWI) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for SolarWinds (SWI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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