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'Soap Opera Ends': Analysts React To Musk's Twitter Buyout
Tuesday, April 26, 2022 - 1:11pm | 632Controversial Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has Wall Street buzzing after social media platform Twitter Inc (NYSE: TWTR) accepted Musk's hostile takeover bid to take Twitter private for $44 billion. Twitter's board of directors accepted Musk's bid on Monday after initially...
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5 Snap Analysts Break Down Q1 Earnings: What's The Read-Through For Advertising?
Friday, April 22, 2022 - 3:22pm | 509Social media platform Snapchat parent company Snap Inc (NYSE: SNAP) reported quarterly earnings Thursday after the market close. Shares were extremely, volatile going from red to green sharply in the after-hours trading session. So where do analysts stand with the company after the latest report?...
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Some Disappointments From eBay's Earnings Call: Analysts Weigh In
Thursday, February 24, 2022 - 1:36pm | 306EBay Inc (NASDAQ: EBAY) reported broadly in-line results for the fourth quarter, but its gross merchandise value (GMV) guidance for 2022 came in below the consensus. Raymond James On eBay: Analyst Aaron Kessler maintained a Market Perform rating for the stock. The Raymond James analyst said the two...
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5 Airbnb Analysts Bump Up Price Targets Following Q4 Print; 'Fundamental Outlook Promising'
Wednesday, February 16, 2022 - 3:26pm | 688Airbnb, Inc. (NASDAQ: ABNB) reported strong quarterly results and also issued an upbeat forecast for the first quarter. The Airbnb Analysts: Needham analyst Bernie McTernan reiterated a Buy rating on Airbnb shares and increased the price target from $210 to $220. Morgan Stanley analyst Brian...
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Twitter's Q4 Strong, But Company Needs Meaningful Revenue Growth: Analysts React To Earnings
Friday, February 11, 2022 - 2:02pm | 422Social media platform Twitter Inc (NYSE: TWTR) reported fourth-quarter financial results Thursday. Analysts reacted with their takes on what the company's advertising and user numbers could mean for the future. The Twitter Analysts: Morgan Stanley analyst Brian Nowak has an Equal-...
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Lyft Stock Bounces After Q4 Earnings: 5 Top Analysts React To Revenue Beat, Rider Miss
Wednesday, February 9, 2022 - 2:14pm | 543LYFT Inc (NASDAQ: LYFT) shares traded higher by 2.7% on Wednesday after the company reported a fourth-quarter revenue beat despite disappointing rider growth. Lyft reported fourth-quarter adjusted EPS of 9 cents on revenue of $970 million, Both numbers topped the consensus analyst estimate of...
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Why This Alibaba Analyst Is Bullish Despite Tempering Near-Term Expectations
Wednesday, January 19, 2022 - 11:03am | 411Alibaba Group Holding Limited's (NYSE: BABA) travails are far from over, at least in the near term, although its long-term future is promising, an analyst at Raymond James said in a Wednesday note. The Alibaba Analyst: Aaron Kessler maintained an Outperform rating on Alibaba shares and...
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5 Chewy Analysts React To Earnings Miss: 'Stock Still Looks Expensive'
Monday, December 13, 2021 - 4:00pm | 524Chewy Inc (NYSE: CHWY) shares rebounded Monday after a sharp post-earnings sell-off on Friday. Wall Street analysts have mixed opinions about whether investors should be buying the Chewy dip. On Thursday, Chewy reported an adjusted EPS loss of 8 cents per share, missing the analyst consensus...
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6 Peloton Analysts Break Down Q1 Earnings: 'Not The Year We Envisioned'
Friday, November 5, 2021 - 4:05pm | 605Peloton Interactive Inc (NASDAQ: PTON) shares dropped 35% Friday after the company reported a wider-than-expected loss and aggressively cut its full-year guidance. Peloton reported a fiscal first-quarter EPS loss of $1.25 on revenue of $805.2 million. Both numbers fell short of consensus...
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6 Lyft Analysts Break Down Q3 Earnings: 'We Think Uber Should Benefit'
Wednesday, November 3, 2021 - 1:31pm | 677LYFT Inc (NASDAQ: LYFT) shares traded higher by 8.8% and Uber Technologies Inc (NASDAQ: UBER) gained 6.8% Wednesday after Lyft reported third-quarter earnings and revenue beats and said driver shortages are easing. Lyft reported third-quarter adjusted EPS of 5 cents on revenue of $864.4 million....
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Amazon Analysts Break Down Q3 Earnings: 'Would Be Buyers On Weakness'
Friday, October 29, 2021 - 4:40pm | 756Amazon.com, Inc. (NASDAQ: AMZN) shares dropped 2.9% on Friday after the company reported an ugly earnings miss and disappointing guidance. Amazon reported third-quarter adjusted EPS of $6.12 on revenue of $110.8 billion. Both numbers missed consensus analyst estimates of $8.92 and $111.6 billion,...
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eBay Stock Sinks After Q3 Earnings: 3 Analysts React To Soft International GMV
Thursday, October 28, 2021 - 4:15pm | 374Shares of eBay Inc (NASDAQ: EBAY) dropped 6.7% on Thursday after the company reported strong growth in key verticals but disappointed the market with soft international sales. On Wednesday, eBay reported third-quarter adjusted EPS of 90 cents on revenue of $2.5 billion. Both numbers topped...
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Twitter Stock Sinks After Q3 Earnings: 5 Analysts React To Impact Of iOS Privacy Changes
Wednesday, October 27, 2021 - 3:18pm | 560Twitter Inc (NYSE: TWTR) shares tumbled 9.6% on Wednesday after the company disappointed the market with lackluster sales guidance. On Thursday, Twitter reported third-quarter adjusted EPS of 18 cents, beating consensus analyst estimates of 15 cents. Revenue of $1.284 billion fell just short of...
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4 Analysts Raise Alphabet Price Targets After Earnings
Wednesday, October 27, 2021 - 3:17pm | 544Alphabet Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) reported its third-quarter revenues and earnings ahead of the Street expectations. Despite that, the stock remained broadly flat after the release. Here is a preview of the results by leading analysts. Alphabet’s Results Earnings: $27.99 per share,...
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Why These 2 Alibaba Analysts Expect Muted Near-Term, Positive Long-Term Prospects
Friday, October 1, 2021 - 10:27am | 492After see-sawing through much of Thursday's session, Alibaba Group Holding Limited (NYSE: BABA) ended modestly higher. Two more sell-side firms tempered their expectations on the Chinese company even while retaining a bullish bias on the stock. The Alibaba Analysts: KeyBanc Capital Markets...