PowerSchool Holdings: Reiterate Buy Rating On Strong Momentum And AI Product [Seeking Alpha]
PowerSchool Holdings, Inc. Class A (PWSC)
Company Research
Source: Seeking Alpha
4Q23 earnings show revenue growth of 13.1% and strong operating leverage. The adoption of PWSC's AI product, PowerBuddy, is expected to be a key driver of future growth. Investment overview I wrote about PowerSchool Holdings ( NYSE: PWSC ) on December 7, 2023, with a buy rating, as I expected it to continue growing given the strong demand outlook and traction in expanding overseas. New rollouts of AI-related products should also support PWSC to deliver low-teen revenue growth. My recommendation stays as good as the fundamentals remain sound, with momentum seen both domestically and abroad. The upcoming growth driver that could potentially alter PWSC's growth trajectory (accelerate) is the adoption of its AI product, which I am positive of. 4Q23 earnings recap PWSC reported 4Q23 with revenue growing 13.1%, driven by subscription and support revenues that grew 15.6% to $163 million. The strong revenue performance resulted in strong operating leverage, with gross margins expan
Show less
Read more
Impact Snapshot
Event Time:
PWSC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PWSC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PWSC alerts
High impacting PowerSchool Holdings, Inc. Class A news events
Weekly update
A roundup of the hottest topics
PWSC
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PowerSchool Holdings, Inc. - PWSCAccesswire
- ROSEN, A TOP RANKED LAW FIRM, Encourages PowerSchool Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - PWSCPR Newswire
- SHAREHOLDER ALERT: PowerSchool Holdings Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the FirmGlobeNewswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PowerSchool Holdings, Inc. - PWSCGlobeNewswire
- PowerSchool Holdings, Inc. (PWSC) Stockholder Alert: Robbins LLP is Investigating the Officers and Directors of PowerSchool Holdings, Inc. for InvestorsGlobeNewswire
PWSC
Earnings
- 2/26/24 - Beat
PWSC
Sec Filings
- 4/18/24 - Form ARS
- 4/8/24 - Form 144
- 4/5/24 - Form 144
- PWSC's page on the SEC website