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Is Asana Choosing Growth Over Profits? 4 Analysts Drill Down Into Q4 Results
Tuesday, March 12, 2024 - 1:38pm | 571Shares of Asana Inc (NYSE: ASAN) were tanking on Tuesday, even after the company reported upbeat fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On Asana Analyst Gil Luria maintained a Neutral rating and...
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Costco Executes Well Despite Uncertainty, Analyst Says: 'Stock Isn't Cheap, But Its Strategic Position Is Extremely Rare'
Friday, March 8, 2024 - 4:59pm | 754Retailer Costco Wholesale Corporation (NASDAQ:COST) reported second-quarter financial results after market close Thursday. Analysts size up the results and what's next for Costco stock, which trades near all-time highs. Truist analyst Scot Ciccarelli has a Buy rating and raises the price target...
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New York Community Bancorp Takes 'Positive Step' But 'Path Ahead Remains Uncertain,' Analysts Warn
Friday, March 8, 2024 - 2:42pm | 880Regional banking company New York Community Bancorp (NYSE:NYCB) has been increasingly volatile after announcing a new $1 billion equity infusion from investors and changes to its management. Analysts size up the changes and what a recent company update means for the stock going forward. The New...
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MongoDB's Concerns About Outlook Despite Strong Q4 Results: Analysts Revise Forecasts
Friday, March 8, 2024 - 2:14pm | 910MongoDB Inc (NASDAQ: MDB) shares were down on Friday after the company reported its fourth-quarter results and issued weak guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On MongoDB Analyst Rudy Kessinger...
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CrowdStrike Shares Explode On Q4 Earnings: 12 Analysts Revise Their Forecasts
Wednesday, March 6, 2024 - 1:35pm | 1444CrowdStrike Holdings Inc (NASDAQ: CRWD) shares climbed in early trading on Wednesday, after the company delivered an earnings beat. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler On CrowdStrike Analyst Rob Owens reiterated...
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Teladoc Health Delivers Mixed Results, 'Sobering' Guidance: 6 Analysts Provide Key Takeaways
Wednesday, February 21, 2024 - 1:44pm | 704Shares of Teladoc Health Inc (NYSE: TDOC) tanked in early trading on Wednesday, after the company misses revenue expectations for the fourth quarter and issued weak first-quarter guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. RBC...
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Is Airbnb 'Reinventing' Itself With AI? 11 Analysts Deep Dive Into Q4 Results, Outlook
Wednesday, February 14, 2024 - 2:19pm | 1286Shares of Airbnb Inc (NASDAQ: ABNB) tanked in early trading on Wednesday, after the company reported upbeat revenues for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On Airbnb Analyst Tom White downgraded...
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Expedia Stock Tanks After Q4 Earnings, CEO Departure: 'Solid Execution Is Critical'
Friday, February 9, 2024 - 12:38pm | 988Shares of Expedia Group Inc (NASDAQ: EXPE) were tanking Friday after the travel company reported fourth-quarter earnings and announced a new CEO. The results came amid an exciting earnings season. Here are some key analyst takeaways from Expedia's quarterly report. BofA Securities On...
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Nvidia Enjoyed AI Hype, But Now It's Approaching 'Trough Of Disillusion': Analyst
Wednesday, January 3, 2024 - 1:28pm | 308Shares of Nvidia Corp (NASDAQ: NVDA) slipped in early trading on Wednesday, Jan. 3. Although the company is a leader in accelerated computing and is likely to generate “impressive 20% CAGR off of 2022 levels across cycles,” the out-year consensus expectations appear too high, according...
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Snowflake's Solid Q3 Driven By Strongest Consumption Activity In 2 Years: 9 Of 10 Analysts Raise Their Price Targets
Thursday, November 30, 2023 - 1:37pm | 1331Snowflake Inc (NYSE: SNOW) shares were climbing in early trading on Thursday after the company reported upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Oppenheimer On Snowflake Analyst Ittai Kidron...
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Adobe Joins The AI Party With A Bang — And These Analysts Turn Bullish
Thursday, October 26, 2023 - 1:05pm | 388Shares of Adobe Inc (NASDAQ: ADBE) continued to slide in early trading on Thursday, despite the company faring well against competitors. Oppenheimer On Adobe Analyst Brian Schwartz upgraded the rating from Perform to Outperform while initiating a price target of $660. Adobe’s business...
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Clorox Shares Could Rally As Operations Revive After Cyberattack, Says Bullish Analyst
Monday, October 2, 2023 - 10:47am | 311Clorox Co (NYSE: CLX) continues to estimate the financial impact of a crippling cyberattack. The company's shares spiked on Friday, Sept. 29, after the company announced that all manufacturing sites had become operational. Analysts argue the rally could continue Monday. The reduced uncertainty...
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Amazon Spends Up To $4B On AI Startup Anthropic, Analysts Explore Deal Prospects
Tuesday, September 26, 2023 - 11:14am | 564Amazon.com, Inc. (NASDAQ: AMZN) announced a strategic investment of as much as $4 billion in artificial intelligence (AI) startup Anthropic. The deal underscores how the tech behemoth seeks to unlock the potential of AI across its business. As part of the deal, Anthropic has agreed to use AWS as...
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Snowflake Is 'Out Of The Storm With AI Tailwinds,' This Bullish Analyst Says
Friday, September 8, 2023 - 10:11am | 300Shares of Snowflake Inc (NYSE: SNOW) have been in focus as the company continues to transform from a data warehouse to a data cloud provider. Snowflake launched machine learning and other products to capture additional workloads and is poised to benefit from rising demand for artificial...
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How Rivian Became Analysts' Darling: All Upsides Of Tesla, Minus The Risks?
Monday, July 31, 2023 - 2:04am | 743Rivian Automotive, Inc‘s (NASDAQ:RIVN) standing among sell-side firms has improved notably, particularly after the company reported its second-quarter deliveries. A slew of analysts upped their price target for the shares of the electric vehicle startup. An analyst, who announced...