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DoorDash Delivers Strong Q4, 7 Analysts Raise Forecasts On Growth Initiatives Across International Markets
Wednesday, February 12, 2025 - 1:21pm | 982Shares of DoorDash Inc (NASDAQ:DASH) were climbing in early trading on Wednesday, after the company reported solid fourth-quarter results. Here are some key analyst takeaways. Needham analyst Bernie McTernan reaffirmed a Buy rating, while raising the price target from $180 to $225. Piper Sandler...
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Lyft Analysts Weigh Earnings Beat Against Pricing Pressures, Weak Bookings
Wednesday, February 12, 2025 - 12:24pm | 994Shares of Lyft Inc (NASDAQ:LYFT) were trading lower on Wednesday, despite the company reporting a fourth-quarter revenue beat. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald On Lyft Analyst Deepak Mathivanan...
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Why Sportsbooks Like DraftKings May Favor Low-Scoring Super Bowl LIX
Friday, February 7, 2025 - 4:11pm | 745Analysts are weighing in on which sportsbooks stand to gain from Super Bowl LIX and whether a Kansas City Chiefs three-peat would be a win or loss for the industry. Super Bowl LIX Winners: Bank of America said the Chiefs winning and less than 48.5 points being scored in Super Bowl LIX could be the...
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Uber Posts Robust Q4 Bookings: Analysts Weigh In On Autonomous Vehicle Threat
Thursday, February 6, 2025 - 1:37pm | 1105Uber Technologies Inc (NYSE:UBER) shares are up on Thursday, despite the company reporting an earnings miss for the fourth quarter. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Uber Technologies Analyst Doug Anmuth...
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Detroit Lions Take Bite Out Of Sportsbooks: Analyst Advises Patience After Flutter Cuts Guidance
Wednesday, January 8, 2025 - 4:15pm | 884A higher than average amount of NFL betting favorites won games in the 2024 season, which could be bad news for sportsbooks like Flutter Entertainment (NYSE:FLUT) owned FanDuel and others. Flutter calls out one Detroit Lions game as being particularly painful, while an analyst says revised guidance...
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Chewy Posts Q3 Sales Beat: Analysts Say Successful Cyber Week Could Lead To Higher Lifetime Value Customers
Thursday, December 5, 2024 - 1:08pm | 587Chewy Inc (NYSE:CHWY) shares were down Thursday after the company reported downbeat third-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On Chewy Analyst Steven Shemesh maintained an Outperform rating while...
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DraftKings Guidance Hit By Unfavorable NFL Outcomes: Analysts Focused On 2025
Friday, November 8, 2024 - 1:13pm | 607DraftKings Inc (NASDAQ:DKNG) analysts highlight the long-term outlook and opportunities after the company lowered fourth-quarter and full-year guidance Thursday. Benchmark analyst Mike Hickey reiterated a Buy rating with a $44 price target. Needham analyst Bernie McTernan reiterated a Buy rating...
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Airbnb's Margins Under Pressure Despite Q3 Beat, Analysts Caution
Friday, November 8, 2024 - 12:43pm | 1241Shares of Airbnb Inc (NASDAQ:ABNB) tumbled in early trading on Friday, after the company reported downbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Airbnb Analyst Thomas Champion maintained a...
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Lyft's Bookings Guidance Bests Uber, Analyst Says: 'Better Than Feared'
Thursday, November 7, 2024 - 12:42pm | 1179Shares of Lyft Inc (NASDAQ:LYFT) were climbing in early trading on Thursday, after the company reported upbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst Deepak Mathivanan maintained a...
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DraftKings Q3 Earnings Preview: NFL In Focus, Will Missouri Legalization Factor Into Guidance?
Wednesday, November 6, 2024 - 7:31pm | 977Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect the company to report...
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Fanduel May See 'Significant Earnings Power' With Growing Duopoly, Sports Betting Market Size: 'Add It To The Bet Slip', Analyst Says
Monday, September 23, 2024 - 12:25pm | 554Strong market share and growing opportunities in online sports betting could push Flutter Entertainment (NYSE:FLUT) shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target on the Fanduel parent. The Analyst Takeaways: With...
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DraftKings, Sportsbooks Could Benefit From Week 2 NFL Underdogs Winning
Monday, September 16, 2024 - 2:39pm | 697Sportsbooks operators such as DraftKings Inc (NASDAQ:DKNG) could stand to benefit with the 2024 National Football season underway and another week of favorable outcomes for sportsbooks in the second week of games. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $...
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DraftKings Wins In Week 1 NFL Season, App Moves Up Rankings: 'A Good Weekend For The Sportsbooks'
Monday, September 9, 2024 - 10:14am | 616Sports betting giant DraftKings Inc (NASDAQ:DKNG) gets a boost in the app store rankings and benefits from several key wins to kick off the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst Takeaways: A...
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DraftKings Stock Ahead Of 2024 NFL Season: Analyst Says Promos 'More Aggressive Than Last Year'
Tuesday, September 3, 2024 - 12:52pm | 798Sports betting operator DraftKings Inc (NASDAQ:DKNG) looks strong compared to competitors for promotional activity, market share and more ahead of the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst...
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Peloton Pedals Back To Profit: Analysts Weigh In On Company's Growth Plan
Friday, August 23, 2024 - 12:43pm | 641Peloton Interactive Inc (NASDAQ:PTON) shares rose in trading on Friday, after the company reported upbeat quarterly sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Macquarie Equity Research On Peloton Interactive Analyst Paul Golding...