Cray Financial reports

A different subject than usual, and obviously expressing my own opinions.

Cray published their Q4 and 2016 full year results , which gives some insight into the volatility of their business.

 

Quotes:

Actual results for any future periods are subject to large fluctuations given the nature of Cray’s business.

 

Revenue in the first quarter of 2017 is expected to be approximately $55 million.

 

While revenues for Q4 2016 were $346.6M, which are more than half the full year revenues of $629.8M, while Q1 is estimated at $55 million.

As an amateur investor, I would not invest in Cray stock. Volatility and uncertainty are scary.

What I fail to understand is analysts opinion that still rate the stock between Buy to Strong Buy (Closer to Buy). Am I missing something

Leave a Reply

Your email address will not be published. Required fields are marked *