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Blue Chip Growth

Stock Report: "Red Hat, Inc." (RHT) Report Updated: Aug 22, 2016 | Print This Page

Get more stock ratings by Louis Navellier

"Red Hat, Inc." (RHT)

Rating: Hold Volatility: Conservative
Total Grade: C Industry: Software
Competitors: GIMO,SYMC,EBIX,AWRE

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: C down no change
Last Week: C same no change
Two Weeks Ago: C up upgrade
service keys

"Red Hat, Inc."© quotemedia

Company Profile

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products include Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Enterprise Virtualization, which includes standalone virtualization functionality and management tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware for developing, deploying, and managing applications, as well as integrating applications, data and devices, and automating business processes. It also offers Red Hat Storage Technologies that enable users to treat storage as a virtualized resource across block, object, and file system storage; and Red Hat cloud offerings that assist users in creating cloud computing environments, such as Red Hat CloudForms, Red Hat Enterprise Linux OpenStack Platform, Red Hat Cloud Infrastructure, and OpenShift by Red Hat. In addition, the company provides other technologies, such as real time operating system, distributed computing, directory services, and user authentication; and consulting, support, and training services. It sells its enterprise technologies through annual or multi-year subscriptions, as well as on-demand through cloud service providers. It has strategic relationships with semiconductor and technology companies, such as Advanced Micro Devices, Inc.; ARM Holdings plc; Intel Corporation; and International Business Machines Corporation (IBM). Red Hat, Inc. also has strategic relationships with cloud service providers, such as Amazon.com, Inc.; Fujitsu Limited; Google Inc.; IBM; Rackspace Hosting, Inc.; and SAVVIS, Inc. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.