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Disney Analysts Tackle Theme Park Weakness, Streaming Profits: 'The Upside In The Entertainment Units More Than Offsets The Parks Miss'
Thursday, August 8, 2024 - 11:58am | 734The Walt Disney Company (NYSE:DIS) stock analysts see concerns for the company’s theme park business weighing on financials and offsetting profitability shown for streaming in the third quarter. The Disney Analysts Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating and...
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Spotify Smashes Gross Margin Guidance, Analysts Expect 'Continued Momentum'
Wednesday, July 24, 2024 - 12:34pm | 603Shares of Spotify Technology SA (NYSE:SPOT) climbed in early trading on Wednesday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating,...
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Netflix Analysts Praise Q2 Earnings, But Are Cautious On Advertising Growth: 'Slower Than NFLX Planned'
Friday, July 19, 2024 - 1:55pm | 711Streaming giant Netflix Inc (NASDAQ:NFLX) beat revenue and earnings estimates in the second quarter, but analysts have questions over long-term subscriber growth and slower than expected advertising revenue growth seen in Thursday’s report. The Netflix Analysts: Macquarie analyst Tim Nollen...
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Netflix Q2 Earnings Preview: Can Ad-Supported Growth, New Releases Sustain Investor Hype?
Wednesday, July 17, 2024 - 12:51pm | 1068Investors and analysts could focus on upcoming content and growth of the ad-supported plan when streaming giant Netflix Inc (NASDAQ:NFLX) reports second-quarter financial results on Thursday, July 18 after market close. Here are the earnings estimates, what analysts are saying and key items to...
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Paramount Analysts Size Up Merger: Skydance Aims For Earnings, 'Not A Breakup,' Redstone Says Content Is King
Monday, July 8, 2024 - 10:24am | 964Media company Paramount Global (NASDAQ:PARA) agreed to a merger with Skydance Media to form "New Paramount," valuing the combined company at $28 billion. Here's a look at what analysts are saying and how Paramount Non-Executive Chairwoman Shari Redstone sees the deal playing out. What Happened:...
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Apple To Gain Market Share With AI Smartphone, Says Bullish Analyst: 'Skate To Where The AI Puck Is Going'
Wednesday, June 26, 2024 - 10:12am | 526Technology giant Apple Inc (NASDAQ:AAPL) is being upgraded by a Street analyst Wednesday on the heels of its artificial intelligence initiatives shown off at the company's Worldwide Developers Conference earlier this month. The Apple Analyst: Rosenblatt analyst Barton Crockett upgraded shares of...
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7 Apple Analysts Mixed On WWDC 2024: iPhone Upgrade Cycle Coming, But When?
Tuesday, June 11, 2024 - 11:26am | 1075Technology giant Apple Inc (NASDAQ:AAPL) kicked off its Worldwide Developers Conference (WWDC) Monday, highlighting new features for iPads and iPhones and a deeper push to integrate artificial intelligence on products. Here's what analysts are saying after the event. The Apple Analysts: Needham...
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7 Apple Analysts Size Up Q2 Results: Artificial Intelligence 'A Major Upgrade Cycle Within Product Categories Such As The iPhone'
Friday, May 3, 2024 - 1:37pm | 1194Technology giant Apple Inc (NASDAQ:AAPL) reported second-quarter financial results that saw revenue and earnings per share beat Street estimates. Analysts have responded to Apple’s results, updated guidance, increased dividend, and the announcement of a $110 billion buyback. The Apple...
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Meta's Q1 Earnings: Most Analysts Support AI Strategy, While One Says 'Use Meta As A Source Of Funds,' Questions Its Long-Term Value
Thursday, April 25, 2024 - 2:25pm | 1811Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in...
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'Apple At A Crossroads' Analyst Says: Company Must Step Up On AI Or Get Left Behind
Tuesday, March 5, 2024 - 1:02pm | 653Apple Inc. (NASDAQ:AAPL) fails have been rare since the company introduced the iPhone in 2007, but the recent abandonment of its decade of research and investment in an autonomous car was a black-eye for the company. Meanwhile, its latest launch, the Vision Pro, a “spatial computing”...
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Disney Q1 Earnings Preview: Media Company Battles DeSantis, Musk, Peltz
Monday, February 5, 2024 - 6:36pm | 818Media giant Walt Disney Co (NYSE:DIS) will report first-quarter financial results after market close on Wednesday, Feb. 7, 2024. Here's a look at the earnings estimates, what analysts are saying and key items for investors to watch. Earnings Estimates: Disney is expected to report first-quarter...
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Why This Spotify Analyst Is Bullish On Restructuring Plans, Despite Sliding Shares
Monday, December 11, 2023 - 12:41pm | 270Spotify Technology's (NYSE: SPOT) sales and subscriber numbers remain strong on the heels of Paul Vogel's announced exit as CFO, effective March 31. The large-scale restructuring plan currently in the works could cause margins to “explode,” according to Rosenblatt Securities....
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Disney Analysts Praise Cost-Cutting Measures: 'Calls To Break Up Company Will Ease'
Thursday, November 9, 2023 - 2:18pm | 812The Walt Disney Company (NYSE:DIS) reported fourth-quarter financial results after the market close Wednesday. Here is a look at what analysts are saying about the report and what's ahead for the media conglomerate. The Disney Analysts: Raymond James analyst Ric Prentiss has an Outperform rating...
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7 Apple Analysts Size Up Q4 Earnings: iPhone Strength, China Fears Overblown, Buy On The Dip Like Buffett
Friday, November 3, 2023 - 12:32pm | 1111Technology giant Apple Inc (NASDAQ:AAPL) reported fourth quarter financial results Thursday after market close. Here's a look at what analyst are saying about the results and the future of the company. The Apple Analysts: Goldman Sachs analyst Michael Ng had a Buy rating and a price target of $227...
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Apple 'Wonderlust' iPhone 15 Event Will Reveal Shift To Premium Products: Analyst
Tuesday, September 12, 2023 - 10:48am | 554On the eve of Apple Inc’s (NASDAQ: AAPL) much-anticipated "Wonderlust" event, Rosenblatt Securities issued a note to investors giving its thoughts and expectations for the event, coupled with reflections on the Chinese government banning its employees from using Apple devices....