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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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4 Pinterest Analysts On Q3 Earnings: Why One Says Results Are 'Stronger Than Expected'
Friday, October 28, 2022 - 11:11am | 472Pinterest Inc (NYSE: PINS) reported on Thursday its third-quarter results, with almost flat monthly active users (MAUs) of 445 million. The company’s revenue grew 8% year-over-year to $685 million. Rosenblatt Securities On Pinterest Analyst Barton Crockett maintained a Neutral rating on...
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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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Are All Streaming Services Losing Money? Netflix Seems To Think So
Thursday, October 20, 2022 - 2:20pm | 919The battle between media companies with streaming platforms continues to heat up in an all out price war and competition for time spent by consumers. With companies investing billions of dollars on content, Netflix Inc (NASDAQ: NFLX) used its earnings report to remind investors that it is making...
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Netflix Investors Hit The Buy Button After Q3 Earnings, But Analysts Are Cautious On Ad-Supported Plan: Here's Why
Wednesday, October 19, 2022 - 4:55pm | 888Shares of Netflix Inc (NASDAQ: NFLX) rose sharply Tuesday after the market close after the streaming giant reported third-quarter financials that beat analysts’ expectations. The Street is sharing updated thoughts on what’s ahead for Netflix as it works to return to growth and...
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Why These 2 Apple Analysts Are Moving In Opposite Directions Thursday
Thursday, September 29, 2022 - 2:52pm | 861Apple Inc (NASDAQ: AAPL) stock was re-rated by two analyst firms, making nearly mirror opposite adjustments to the Cupertino-based company. What Happened: BofA Securities analyst Wamsi Mohan Downgraded Apple from Buy to Neutral on Thursday and lowered the price target...
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5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'
Wednesday, August 31, 2022 - 12:01pm | 742Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff. Snap CEO Evan Spiegel told employees via a memo on Tuesday that the company needs to restructure its...
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Twitter Analyst Cuts Price Target By 40% After Former Company Exec Files Complaint
Wednesday, August 24, 2022 - 12:20pm | 264A former Twitter Inc (NYSE: TWTR) executive has filed a whistleblower complaint with the SEC, which gives Tesla Inc (NASDAQ: TSLA) CEO Elon Musk the opportunity to “allege materially inaccurate representations” by the company, according to Rosenblatt Securities. The Twitter Analyst...
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Disney Shares Have Underperformed, Business Has Outperformed: Why Analysts Remain Bullish On House Of Mouse And Disney+ Growth
Thursday, August 11, 2022 - 5:43pm | 854The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS) reported third-quarter financial results. Here’s what analysts were saying after the report....
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Why Pinterest Analysts Are Buying The Story: 'Better-Than-Feared' Q2, New CEO And More
Tuesday, August 2, 2022 - 3:53pm | 723Pinterest reported second-quarter financial results after the close Monday and saw shares jump on the report and guidance that calls for mid-single digit year-over-year growth for the third quarter. Here’s what analysts had to say about earnings and new CEO Bill Ready. The Pinterest Analysts...
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Apple Earnings 'Better-Than-Feared,' Company Can Weather Storm: Why Analysts Remain Bullish
Friday, July 29, 2022 - 3:23pm | 705Technology giant Apple Inc (NASDAQ: AAPL) reported quarterly earnings after market close Thursday. Analysts are sizing up a quarter and guidance that may have been “better-than-feared” with updated price targets. The Apple Analysts: Morgan Stanley analyst Erik Woodring had an...
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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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Apple Stock Rallies On Better-Than-Feared Q3 Results: What Investors Need To Know
Thursday, July 28, 2022 - 5:43pm | 784Apple Inc (NASDAQ: AAPL) reported Thursday after the close better-than-expected fiscal-year third-quarter results, helped by strong iPhone and iPad sales. The installed base of active devices once again hit a record, underlining the company’s strong product traction despite the...