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Meta Platforms Q1 Earnings Preview: Job Cuts, AI Shift, Metaverse And More
Wednesday, April 26, 2023 - 1:38pm | 1010Technology and social media giant Meta Platforms (NASDAQ: META) is set to report first-quarter financial results after market close Wednesday. Here are the key earnings expectations from analysts and what the big items are to watch. Analyst Estimates: For the first quarter, analysts are expecting...
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David (Microsoft) Vs. Goliath (Google) Battle For AI Dominance: How Analysts See Alphabet Faring
Wednesday, April 26, 2023 - 1:26pm | 917Technology giant Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) reported first quarter financial results Tuesday after market close. Here’s a look at what analysts are saying about the company’s financials, artificial intelligence, cloud ambitions and more. The Alphabet Analysts: Morgan...
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Meta's 'Structural And Cultural Pivot' Inspires Analyst To Raise Price Target By 30%
Tuesday, March 21, 2023 - 11:05am | 320Shares of Meta Platforms Inc (NASDAQ: META) rose in early trading on Tuesday, with analysts predicting a rally. The company’s “year of efficiency” marks a “structural and cultural pivot” to increase productivity and have leaner operations, with a greater focus on...
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Hey, Lyft, Uber Has You Beat: 4 Analysts Discuss Weak Guidance, Q4 Earnings Miss
Friday, February 10, 2023 - 12:30pm | 542LYFT Inc (NASDAQ: LYFT) shares tumbled Friday morning after the company disappointed Wall Street with its weak guidance. On Thursday, Lyft reported a fourth-quarter adjusted EPS loss of 74 cents, missing consensus analyst estimates of a 13-cent profit. The San Francisco-based company reported $1.18...
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Amazon's Retail Strength Outshines AWS Slowdown, Analysts Are Raising Price Targets
Friday, February 3, 2023 - 1:38pm | 779E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported fourth-quarter financial results after market close Thursday. The results showed growth of the AWS cloud business and several hits on Amazon Prime Video helping boost subscriptions. Analysts weighed in with their takes on the financial...
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'The Year Of The Efficient Rabbit': Why Analysts Are Raising Their Price Targets On Meta Platforms (Including One Doubling The PT)
Thursday, February 2, 2023 - 1:16pm | 843Social media and metaverse company Meta Platforms Inc (NASDAQ: META) reported fourth quarter financial results and first quarter guidance after market close Wednesday. Here was what analysts were saying about the report as shares soared Thursday. The Meta Platforms Analysts: Bernstein...
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Snap Is 'A Snow Globe In A Snowstorm,' Why Analysts Are Lowering Price Targets After Q4 Report
Wednesday, February 1, 2023 - 12:16pm | 715Social media company Snap Inc (NYSE: SNAP) reported fourth-quarter financial results after market close Tuesday. Here is what analysts are saying after the report. The Snap Analysts: Morgan Stanley analyst Brian Nowak has an Underweight rating on Snap and a price target of $7. Raymond James analyst...
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Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings
Tuesday, November 8, 2022 - 12:09pm | 740Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday. Here is a look at where analysts stand after the earnings report. The Lyft Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on Lyft and lowered the price target from $...
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Uber Not Seeing Consumer Slowdown, Analyst More Convinced Of Profitability Target After Q3 Earnings
Wednesday, November 2, 2022 - 12:44pm | 589Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter. Here’s what analysts said after earnings. The Uber Analysts: RBC Capital analyst Brad Erickson had an Outperform rating and a price target of $46. JMP Securities analyst...
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Airbnb Is 'Solid': 7 Analysts Offer Takeaways On Q3 Print
Wednesday, November 2, 2022 - 12:29pm | 641Although Airbnb Inc (NASDAQ: ABNB) reported upbeat third-quarter results, with revenue of $2.88 billion and earnings of $1.79 per share, analysts slashed price targets. RBC Capital Markets Analyst Brad Erickson maintained a Sector Perform rating, with a price target of $110. “ABNB beat Q3 but...
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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...