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Micron Technology Guidance Reflects Strong Pricing Rebound: 10 Analysts Deep Dive Into Q1 Earnings
Thursday, December 21, 2023 - 1:18pm | 1146Micron Technology Inc (NASDAQ: MU) shares climbed in early trading on Thursday, after the company reported better-than-expected revenues for its fiscal first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Goldman Sachs On...
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Arm Holdings Analysts Stay Bullish With Licensing Gains Overshadowing Royalty Concerns
Thursday, November 9, 2023 - 2:49pm | 606BMO Capital analyst Ambrish Srivastava reiterated a Market Perform rating on Arm Holdings Plc (NASDAQ: ARM) with a price target of $60. Arm reported a robust set of second-quarter results and guidance, showcasing its strong business model; the undergoing transition,...
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AMD Shares Surge Post-Q3 Earnings: Analysts Weigh In On Future Prospects
Wednesday, November 1, 2023 - 4:14pm | 773Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) spiked higher on Wednesday after the company reported upbeat third-quarter earnings earlier this week. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley On Advanced...
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What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Thursday, September 28, 2023 - 12:45pm | 812Shares of Micron Technology Inc (NASDAQ: MU) tanked in early trading on Thursday, despite the company delivering upbeat fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from Micron Technology’s earnings release. BMO Capital Markets...
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Wolfspeed Faces Margin Pressure As Analysts Express Concern Over Mixed Q4 Results
Thursday, August 17, 2023 - 11:41am | 472Shares of Wolfspeed Inc (NYSE: WOLF) tanked in pre-market trading on Thursday, after the company reported mixed results for its fiscal fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley analyst Joseph...
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4 Analysts On Texas Instruments' Q2 Print: 'Nearer Term, Results Were Better,' Q3 'Expected To Be Flat'
Wednesday, July 26, 2023 - 12:40pm | 545Shares of Texas Instruments Inc (NASDAQ: TXN) tanked in early trading on Wednesday, after a steep decline in the previous session. The company reported upbeat second-quarter results on auto chip sales, amid an exciting earnings season. Here are some key analyst takeaways from the earnings release....
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Marvell Technology AI Sales To Double: 5 Analysts Take A Look At Q1 Print
Friday, May 26, 2023 - 12:22pm | 676Shares of Marvell Technology Inc (NASDAQ: MRVL) climbed in early trading on Friday, after the company reported upbeat quarterly results. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley On Marvell Technology Analyst...
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Skyworks Solutions Faces Multi-Quarter Headwinds: 5 Analysts Give Mixed Reviews
Tuesday, May 9, 2023 - 10:45am | 594Shares of Skyworks Solutions Inc (NASDAQ: SWKS) tanked in early trading on Tuesday, after the company reported downbeat quarterly results and issued a weak guidance. Here are some key analyst takeaways from the earnings release. BMO Capital Markets analyst Ambrish Srivastava downgraded the rating...
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Micron Technology Earnings Were 'Materially Worse' Than Expected: 6 Analysts Comment
Friday, September 30, 2022 - 2:09pm | 595Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate. Here are the key takeaways, according...
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Nvidia's Unanswered Questions: 7 Analysts Break Down Tech Firm's Q2 Miss
Thursday, August 25, 2022 - 11:46am | 647Nvidia Corporation (NASDAQ: NVDA) reported second-quarter revenues of $6.7 billion, short of the consensus estimate of $8.1 billion, and net income of $656 million, significantly the Street market expectations of $1.25 per share. BMO Capital Markets Analyst Ambrish Srivastava reiterated an...
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6 Advanced Micro Devices Analysts React To Earnings Beat, Guidance Miss, Market Share Gains
Wednesday, August 3, 2022 - 12:30pm | 631Advanced Micro Devices, Inc. (NASDAQ: AMD) shares traded lower by 4.3% on Wednesday after the semiconductor giant reported better-than-expected second-quarter numbers but disappointed Wall Street with its third-quarter guidance. AMD reported second-quarter adjusted EPS of $1.05 on revenue of $6.55...
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Why This AMD Analyst Is Turning Bullish
Thursday, July 14, 2022 - 11:58am | 247Advanced Micro Devices Inc. (NASDAQ: AMD) exhibits "continued superior execution on all fronts," according to BMO Capital Markets. The Advanced Micro Devices Analyst: Ambrish Srivastava upgraded the rating for Advanced Micro Devices from Market Perform to Outperform, while raising the...
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6 Micron Analysts On Q3 Earnings: 'The Reset Was Generally Expected'
Friday, July 1, 2022 - 4:16pm | 616Micron Technology, Inc. (NASDAQ: MU) reported third-quarter results after the closing bell on Thursday. Here's what the Street has to say. Wells Fargo On Micron Technology Analyst Aaron Rakers reiterated an Overweight rating and reduced the price target from $115 to $90. Micron Technology...
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7 Nvidia Analysts Break Down Long-Term Story, New Products, Data Center Growth After Q1 Print
Thursday, May 26, 2022 - 4:43pm | 713Several NVIDIA Corporation (NASDAQ: NVDA) reacted to the chipmaker's first-quarter report with lower price targets. Here's what they had to say. The NVIDIA Analysts: BMO analyst Ambrish Srivastava has an Outperform rating and lowered the price target from $375 to $300. Wells Fargo...
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Why Nvidia Stock Analysts Are Bullish After Q2 Earnings
Thursday, August 19, 2021 - 3:00pm | 989Nvidia, Inc. (NASDAQ: NVDA) reported stellar quarterly results Wednesday thanks to strong performances by its data center and gaming businesses. The Nvidia Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on Nvidia shares and increased the price target from $250 to $260...