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Unity Software Disappoints In Q1, 4 Analysts Provide Input On What To Expect In 'Back Half' Of 2024
Friday, May 10, 2024 - 11:28am | 579Shares of Unity Software Inc (NYSE:U) tanked in early trading on Friday, after the company reported mixed results for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst Bernie McTernan maintained a Buy rating and price target...
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Shopify Profitability Remains A Concern, 5 Analysts Offer Commentary On Q1 Earnings
Thursday, May 9, 2024 - 11:17am | 718Shares of Shopify Inc (NYSE:SHOP) tanked in early trading on Thursday, after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities analyst Andrew Boone upgraded the rating from Market Perform to Market...
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Block Reports Blockbuster Results, Raises Guidance: Analysts Talk Square, Cash App, More
Friday, May 3, 2024 - 11:32am | 868Block Inc (NYSE:SQ) shares up on Friday, after the company reported upbeat results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. JPMorgan On Block Analyst Tien-tsin Huang maintained an Overweight rating and price...
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5 PayPal Analysts Praise 'Solid' Q1 Earnings: 'Nice To See Dollar Growth Turn Positive' (UPDATED)
Wednesday, May 1, 2024 - 4:01pm | 679Editor’s Note: The description of PayPal’s stock movement has been updated for accuracy and tone. Shares of PayPal Holdings Inc (NASDAQ:PYPL) were trading lower on Wednesday after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are...
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Snap Investors Celebrate Q1 Earnings, But Analysts Aren't Ready To Party Just Yet: 'The Most Expensive Name In Social'
Friday, April 26, 2024 - 12:46pm | 1130Snap Inc (NYSE:SNAP) shares were climbing Friday after the company reported higher-than-expected earnings for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On Snap Analyst Eric Sheridan reiterated a Neutral...
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Meta Platforms Q1 Earnings Preview: 'Marginally Cautious,' AI Opportunity Could Prove 'First Mover Advantage'
Tuesday, April 23, 2024 - 2:12pm | 862Social media and technology company Meta Platforms Inc (NASDAQ:META) will report first-quarter financial results after market close Wednesday, April 24. Here are the earnings estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect Meta Platforms to report...
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Why This Shopify Analyst Believes Street Expectations May Be Too High
Monday, December 18, 2023 - 1:26pm | 369Even though Shopify Inc (NYSE: SHOP) continues to be among the top picks in the ecommerce sector, the company’s GMV (Gross Merchandise Value) growth is now more skewed towards enterprise, which exerts pressure on gross profit margins, according to JMP Securities. The Shopify Analyst:...
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4 Snap Analysts Size Up Q2 Results, Investors Ghost The Stock: 'Structurally Challenged'
Wednesday, July 26, 2023 - 12:12pm | 628Analysts are sizing up the long-term opportunity for Snap Inc (NYSE: SNAP) and whether the company can compete with other social media platforms after the company reported second-quarter financial results Tuesday. The Snap Analysts: Benchmark analyst Mark Zgutowicz has a Hold rating...
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Alphabet's AI Integration Winning Over 5 Analysts: Q2 Results Spark Optimism Despite Market Challenges
Wednesday, July 26, 2023 - 11:17am | 694Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) spiked in early trading on Wednesday, even as the company is facing increasing threats from ChatGPT and plans by competing tech giants to create open maps. Alphabet also reported its second-quarter report, with revenue and operating...
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Upwork Shares Tumble Despite Revenue Beat: 3 Analysts React To Earnings Call Insights
Thursday, May 4, 2023 - 10:25am | 489Shares of Upwork Inc (NASDAQ: UPWK) tanked in the premarket on Thursday, despite the company reporting upbeat quarterly revenues. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Upwork Analyst Brad Erickson reiterated a Sector Perform rating, while reducing the...
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Snap Shares Tank On AI Investment Plans: What Else Caused Analysts To Cut Price Targets?
Friday, April 28, 2023 - 10:20am | 635Shares of Snap Inc (NYSE: SNAP) Friday crashed in premarket trading, after the company reported a first-quarter revenue miss. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Snap Analyst Brad Erickson maintained a Sector Perform rating while reducing the price...
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Shopify Shares Climb As Analyst Turns Bullish On Upside Potential And Market Share Gains
Wednesday, April 12, 2023 - 11:16am | 290Shares of Shopify Inc (NYSE: SHOP) were climbing higher on Wednesday, even after Needham analyst Anna Andreeva expressed concern about the company’s outlook. Shopify continues to take market share in the commerce enablement space, according to JMP Securities. The Shopify Analyst: Andrew...
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What 6 Shopify Analysts Are Saying About Q4 Results, Q1 Guidance
Thursday, February 16, 2023 - 11:00am | 771Shares of Shopify Inc (NYSE: SHOP) plummeted in premarket trading and are still down with a disappointing outlook. KeyBanc Capital Markets on Shopify Analyst Josh Beck maintained an Overweight rating and price target of $55. “Shopify topped expectations across the board and outlined a 1Q...
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Why These 4 Alphabet Analysts Are Divided Over Q4 Results
Friday, February 3, 2023 - 12:27pm | 458Shares of Alphabet Inc (NASDAQ: GOOGL) remained in the red in early trading on Friday. JMP Securities on Alphabet Analyst Andrew Boone maintained a Market Outperform rating and a price target of $132. “Alphabet reported 4Q22 results, whereby revenue was 1% below consensus as search declined 2...
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3 Peloton Interactive Analysts Give Key Takeaways On 'Better-Than-Expected' Q2 Print
Thursday, February 2, 2023 - 11:21am | 336Peloton Interactive Inc’s (NASDAQ: PTON) earnings have disappointed over the past several quarters. Bernstein Analyst Aneesha Sherman maintained an Outperform rating, while raising the price target from $13 to $20. “Peloton has done the work on fixing the business, results are showing...