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'Replacing The Irreplaceable': Amazon Analysts React To Bezos Departure, Earnings Beat
Wednesday, February 3, 2021 - 12:34pm | 574Amazon.com, Inc. (NASDAQ: AMZN) shares ticked slightly lower on Wednesday after the company reported some impressive fourth-quarter earnings numbers. Amazon reported adjusted earnings per share of $14.09 on $125.5 billion in revenue. Both numbers exceeded consensus analyst expectations of $7.23 and...
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'Growth Stock At Value Multiple': Facebook Analysts React To Q4 Numbers
Thursday, January 28, 2021 - 12:41pm | 526Facebook, Inc. (NASDAQ: FB) shares ticked slightly higher Thursday after the company reported impressive fourth-quarter earnings numbers. Facebook reported adjusted earnings per share of $3.88, beating consensus analyst estimates of $3.22. Revenue of $28 billion also topped analyst expectations of...
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Analysts Initiate Coverage Of Airbnb: 'Best-In-Class Travel Company With A Premium Valuation'
Monday, January 4, 2021 - 12:45pm | 648High-profile December IPO Airbnb Inc (NASDAQ: ABNB) is off to a volatile start on the public market. The vacation rental giant priced its IPO shares at $68 early last month, but the stock more than doubled when it opened at $146 the following day. The momentum continued, pushing Airbnb shares as...
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Lyft Analysts On How Delivery Leverages Technology Platform, Could Hurt Profit Push
Wednesday, November 11, 2020 - 4:48pm | 447Lyft analysts are sizing up the third-quarter earnings report from the ride-hailing company — and the announcement the company is exploring delivery options for retailers. Lyft Analysts On Q3: Raymond James analyst Aaron Kessler said Lyft Inc (NASDAQ: LYFT) showed gradual rides...
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5 Facebook Analysts On Q3 Results: Should Investors Buy On Weakness?
Friday, October 30, 2020 - 3:25pm | 690Social media giant Facebook, Inc. (NASDAQ: FB) reported Thursday afternoon with third-quarter results that sent the stock lower, as investors appear to be concerned with a drop in U.S. and Canadian users. The Facebook Analysts Credit Suisse analyst Stephen Ju maintains an Outperform rating on...
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Pinterest Rallies On Q3 Results, Analysts Say Platform Becoming An E-Commerce Play
Thursday, October 29, 2020 - 11:14am | 566Pinterest Inc (NYSE: PINS) shares were trading higher Thursday after the company reported better-than-expected third-quarter EPS and sales results. The platform saw an increase in users under the age of 25 and growth in search usage, suggesting that Pinterest is becoming an increasingly...
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'Firing On All Cylinders': Analysts React To Snapchat's Huge Quarter
Wednesday, October 21, 2020 - 11:20am | 549Snap Inc (NYSE: SNAP) shares surged more than 30% on Wednesday after the company reported blowout third-quarter earnings numbers that signaled a significant rebound in online advertising spending in the second half of 2020. Snap reported adjusted EPS of 1 cent, exceeding analyst estimates of a...
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Morgan Stanley's Deep Dive Into Facebook: Reels, Shopping And More
Friday, September 18, 2020 - 12:45pm | 384Facebook, Inc. (NASDAQ: FB) is showing signs of success in creating new use cases and sources of engagement with its user base, according to Morgan Stanley. Facebook's new features across its different platforms like Reels, Marketplace and Shops could contribute an extra $3 billion in...
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Why Amazon Is Among Morgan Stanley's Top Picks For Q4, 2021
Monday, September 14, 2020 - 4:53pm | 449Amazon.com, Inc. (NASDAQ: AMZN) has been a huge beneficiary of consumer spending shifting away from experiences such as travel, live events, amusement parks and restaurants, according to Morgan Stanley. The Amazon Analyst: Brian Nowak has an Overweight rating on Amazon with a $3,750...
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8 Lyft Analysts React To Q2 Earnings, California Risks
Thursday, August 13, 2020 - 5:02pm | 1186Ride-hailing company Lyft Inc (NASDAQ: LYFT) reported second-quarter results that immediately sent shares trading higher. But the stock reversed course and dipped into negative territory as the company acknowledged it may need to pause its operations in California. The Analysts CFRA analyst...
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Morgan Stanley Upgrades Pinterest On Shift To Social Shopping
Monday, August 10, 2020 - 11:53am | 339Pinterest Inc (NYSE: PINS) has ad tools to capitalize on accelerating e-commerce and social shopping trends, and can sustain faster growth, according to Morgan Stanley. The Pinterest Analyst: Brian Nowak upgraded Pinterest from Equal-Weight to Overweight, raising the price target from $34 to $...
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Should Investors Continue Riding With Uber? The Street Weighs In
Friday, August 7, 2020 - 2:59pm | 1008Ride-hailing and delivery company Uber Technologies Inc (NYSE: UBER) reported mixed second-quarter results Thursday that prompted Street analysts to debate whether the company is overly exposed to COVID-19 headwinds. The Uber Analysts Raymond James analyst Aaron Kessler maintains a Market...
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Multiyear Travel Recovery Likely, Booking Holdings Analyst Says After Q2 Beat
Friday, August 7, 2020 - 12:35pm | 357Booking Holdings (NASDAQ: BKNG) shares were trading higher on Friday after the company reported better-than-expected second-quarter EPS and sales results. The Booking Holdings Analyst: Morgan Stanley analyst Brian Nowak maintained an Equal-Weight rating on the company with a price target...
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4 Takeaways On Pinterest's Q2 Print
Monday, August 3, 2020 - 3:16pm | 246Social shopping trends remain as the primary tailwind that will drive outperformance for Pinterest Inc (NYSE: PINS), according to Morgan Stanley. The Pinterest Analyst: Brian Nowak reiterated an Equal-Weight rating on Pinterest and raised the price target from $26 to $34. The Pinterest Takeaways:...
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Analysts Bullish On Google Following Mixed Quarter, With Ads Trending In The Right Direction
Friday, July 31, 2020 - 2:11pm | 626Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were down 4.8% on Friday after the company reported its first quarter of negative revenue growth in history on Thursday. Alphabet reported second-quarter adjusted EPS of $10.13 on revenue of $38.30 billion. Both numbers beat consensus analyst...