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'Line Of Sight To Positive EBITDA': Analysts React To Lyft Earnings
Wednesday, May 5, 2021 - 5:14pm | 489LYFT Inc (NASDAQ: LYFT) shares traded lower by 3.8% on Wednesday after the company reported 7% quarter-over-quarter revenue growth. For the first quarter, Lyft reported an adjusted EPS loss of 35 cents on $609 million in revenue. Both numbers beat consensus analyst estimates of a 53-cent EPS loss...
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Activision Blizzard Has Yellow Brick Road With Key Franchises Launching As Mobile Games
Wednesday, May 5, 2021 - 2:15pm | 712Analysts react to the first-quarter earnings from Activision Blizzard (NASDAQ: ATVI) on Tuesday night. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok reiterates an Outperform rating and $120 price target. KeyBanc analyst Tyler Parker reiterates an Overweight rating and ...
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What Wall Street Thinks Of Twitter's Disappointing Quarter
Friday, April 30, 2021 - 5:16pm | 696Analysts were left with many questions after Twitter Inc (NYSE: TWTR) reported first quarter earnings. Future concerns exist, leading to several price target cuts. The Twitter Analysts: Raymond James analyst Aaron Kessler reiterates a Market Perform rating and has no price target. Rosenblatt...
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What 5 Analysts Think Of eBay's Mixed Guidance For Q2
Friday, April 30, 2021 - 1:18pm | 764eBay Inc (NASDAQ: EBAY) shares pulled back sharply after issuing mixed guidance for the second quarter. The eBay Analysts: BofA Securities analyst Justin Post reiterated a Neutral rating on eBay shares and lowered the price target from $71 to $68. Morgan Stanley analyst Brian Nowak...
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'The One To Own In eCommerce': Wall Street Cheers Amazon Following Earnings Beat
Friday, April 30, 2021 - 12:35pm | 580Amazon.com, Inc (NASDAQ: AMZN) shares traded higher by 1.3% on Friday after the company’s first-quarter earnings numbers far exceeded expectations. For the first quarter, Amazon reported adjusted EPS of $15.79 on $108.5 billion in revenue. Both numbers beat consensus analyst estimates of $9....
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Why Did These Analysts Increase Facebook Price Targets?
Thursday, April 29, 2021 - 4:49pm | 897Social media giant Facebook Inc (NASDAQ: FB) reported first-quarter revenue growth of 48% year-over-year. The display of growth for the company’s advertising segments has prompted several price target upgrades from analysts. The Facebook Analysts: KeyBanc analyst Justin Patterson...
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Snapchat's 'Open-Ended Growth Story' Solidified After Analyst Day Event
Wednesday, February 24, 2021 - 6:55pm | 609Snapchat parent company Snap Inc (NYSE: SNAP) hosted Tuesday its Analyst Day presentation and many Street analysts agreed the social media company's "open-ended growth story" is achievable. The Snap Analysts: KeyBanc Capital Markets analyst Justin Patterson maintains an...
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Snap Has Upside To $80, Morgan Stanley Says In Upgrade
Monday, February 22, 2021 - 11:10am | 312Snap Inc (NYSE: SNAP) deserves credit for recent improvements to its platform and the stock now has a path to trade at $80 per share, according to Morgan Stanley. The Snap Analyst: Brian Nowak upgraded Snap's stock from Equal-Weight to Overweight with a price target lifted from $50 to $80. The...
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'Profitability In Sight': Why These Analysts Are Bullish On Lyft
Wednesday, February 10, 2021 - 6:50pm | 490Lyft Inc (NASDAQ: LYFT) announced fourth-quarter earnings after close Tuesday and analysts shared their takeaways on the report and what could be next. The Lyft Analysts: DA Davidson analyst Tom White maintains a Buy rating and raises the price target on Lyft to $66. Morgan Stanley analyst Brian...
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Twitter Analysts React To Earnings Beat: 'Ad Ramp Is Just Getting Started'
Wednesday, February 10, 2021 - 12:19pm | 587Twitter Inc (NYSE: TWTR) shares soared 11.5% on Wednesday after the company reported big fourth-quarter earnings and revenue beats. Twitter reported adjusted EPS of 38 cents on revenue of $1.29 billion. Both numbers beat consensus analyst forecasts of 31 cents and $1.19 billion, respectively....
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Playtika Analysts Largely Bullish, Laud Video Game Publisher's Core Growth, M&A Optionality, New Game Plans
Tuesday, February 9, 2021 - 4:36pm | 881China-owned mobile game publisher Playtika Holding Corp (NASDAQ: PLTK) recently went public by offering 69.5 million shares at $27 each. The Platytika Analysts: Following the expiry of the IPO quiet period, Goldman Sachs analyst Michael Ng initiated coverage of Playtika shares with a Buy...
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4 Take-Two Analysts On Q3 Results, Long-Term Story, Strength In 'Grand Theft Auto V,' 'NBA 2K'
Tuesday, February 9, 2021 - 3:57pm | 547Take-Two Interactive Software (NASDAQ: TTWO) analysts say they're left with unanswered questions about the video game stock's long-term story following its third-quarter earnings report on Monday. Take-Two's Q3 Print: Take-Two's third-quarter revenue of $860.9...
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Activision Investors Applaud Q4 Report: What The Street Is Saying
Friday, February 5, 2021 - 5:14pm | 784Video game maker Activision Blizzard, Inc. (NASDAQ: ATVI) reported fourth-quarter results Thursday that lifted shares to a new 52-week high, while four Street analysts see further upside ahead. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok maintains an...
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3 eBay Analysts On Q4 Beat, Valuation, 'Compelling Growth' In Shoes, Watches
Thursday, February 4, 2021 - 2:09pm | 665E-commerce platform eBay Inc (NASDAQ: EBAY) reported Wednesday afternoon with fourth-quarter results that came in better than expected, but two Wall Street are staying neutral. The eBay Analysts Morgan Stanley analyst Brian Nowak maintains an Equal-weight rating on eBay's stock...
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3 Alphabet Analysts Break Down The Q4 Report
Wednesday, February 3, 2021 - 4:49pm | 745For the first time, Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) stock has crossed above the $2,000 threshold after the search giant reported solid fourth-quarter results. The Alphabet Analysts: Needham analyst Laura Martin maintained a Buy rating on Alphabet shares and upped the price...