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10 Amazon Analysts Lower Price Targets: How The Street Is Reacting To Disappointing Q3 Earnings, AWS 'Surprise'
Friday, October 28, 2022 - 12:13pm | 1174Here’s what analysts are saying about Amazon.com Inc's (NASDAQ: AMZN) third quarter financial results, fourth-quarter guidance and why they’re lowering price targets. The Amazon Analysts Telsey analyst Joseph Feldman has an Outperform; lowers the price target from $150 to $140....
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2023 An 'Investment Year' For Meta Platforms: Why These 6 Analysts Are Lowering Price Targets After Q3 Earnings
Thursday, October 27, 2022 - 11:58am | 859Analysts are lowering their price targets on Meta Platforms (NASDAQ: META) after the company reported third-quarter financial results Wednesday. Here’s what analysts are saying about the company’s growth and high spending on the metaverse sector. The Meta Platforms Analysts: Goldman...
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11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
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7 Snap Analysts On Q3 Sales Miss: 'Meaningful Competition From TikTok'
Friday, October 21, 2022 - 4:19pm | 752Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers. On Thursday, Snap reported third-quarter adjusted EPS of 8 cents, beating analyst estimates of a break-even quarter. Snap's $1.13 billion in revenue for the...
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5 Chewy Analysts On Q2 Earnings: 'Profitability Is No Doubt A Bright Spot'
Wednesday, August 31, 2022 - 1:29pm | 599E-commerce pet care company Chewy Inc (NYSE: CHWY) reported second-quarter financial results after-hours Tuesday. Analysts are reacting to revenue coming in below Street estimates and earnings per share beating estimates. The Chewy Analysts: Bank of America analyst Nat Schindler has a Buy...
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6 Amazon Analysts React To Q2 Earnings Report: 'Our Top '22 FANG Stock'
Friday, July 29, 2022 - 2:57pm | 653Amazon.com, Inc. (NASDAQ: AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate. On Thursday, Amazon reported a second-quarter adjusted EPS loss of 20 cents, missing analyst estimates of a 14-cent profit....
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7 Meta Platforms Analysts Talk Q2 Weakness In Advertising, Risk-Reward And Long-Term Growth For Reels
Thursday, July 28, 2022 - 1:46pm | 916Analysts are sizing up Wednesday's second-quarter earnings report from Meta Platforms that cited weaker advertising spending and several macro headwinds for the social media platform. Could growth of Reels be enough to offset revenue declines? The Meta Platforms Analysts: RBC...
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These 7 Analysts Have Very Different Takeaways From Alphabet's Q2 Print
Wednesday, July 27, 2022 - 1:10pm | 789Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....
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8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'
Friday, July 22, 2022 - 2:58pm | 916Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...
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A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off
Tuesday, May 24, 2022 - 12:53pm | 872Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...
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Analysts Stay On Ebay Sidelines After Q1 Earnings: Here's Why
Thursday, May 5, 2022 - 7:25pm | 379Auction and marketplace company eBay Inc (NASDAQ: EBAY) reported first-quarter earnings after market close Wednesday. Analysts reacted to the earnings and what shares trading at new lows means. The eBay Analysts: Credit Suisse analyst Stephen Ju had an Outperform rating on eBay and...
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Lyft Analysts React To Q2 Guidance Miss, Heavy Investments In Lagging Driver Recovery
Wednesday, May 4, 2022 - 3:10pm | 471LYFT Inc (NASDAQ: LYFT) shares plummeted 32% on Wednesday after the company issued second-quarter guidance that came up well short of market expectations. On Wednesday, Lyft reported first-quarter adjusted EPS of 7 cents, beating consensus analyst estimates of a 7-cent loss. First-quarter revenue...
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'Pent-Up Demand Driving Strength': Airbnb Analysts React To Q1 Earnings Beat
Wednesday, May 4, 2022 - 1:02pm | 689Airbnb Inc (NASDAQ: ABNB) shares traded higher by 4.9% on Wednesday after the company reported big first-quarter earnings growth and said it expects a sharp rebound in summer travel in 2022 as pandemic headwinds abate. On Tuesday, Airbnb reported a first-quarter adjusted EPS loss of 3 cents, well...
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Here's Why Analysts Are Lowering Price Targets On Amazon After Q1 Earnings
Friday, April 29, 2022 - 5:55pm | 722E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported mixed earnings Thursday and announced guidance that came in lower than analysts' estimates for the second quarter. Here's why analysts are lowering their price targets and sound more cautious moving forward. The Amazon Analysts...
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Improved Costs, Reels Growth, Attractive Multiples: What 6 Analysts Are Saying About Meta Platforms Post Earnings
Thursday, April 28, 2022 - 1:08pm | 830Shares of social media and metaverse company Meta Platforms Inc (NASDAQ: FB) traded higher Wednesday after market close. The move came after the company reported first-quarter financial results. Here are the key takeaways from the earnings report from analysts. The Meta Platforms Analysts:...