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Roblox Analysts Divided On Timing Of Margin Expansion, $5B Market Cap Correction Is 'Excessive'
Thursday, August 10, 2023 - 11:34am | 589Shares of Roblox Corp (NYSE: RBLX) were rising in early trading on Thursday, after tanking in the previous session on the company’s revenue miss. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley analyst Matthew...
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EA Quarter Boosted By Strong Live Services Growth
Friday, January 31, 2020 - 5:36pm | 467Electronic Arts Inc. (NASDAQ: EA) remains in the game after a third-quarter print showing strong revenue growth paced by in-game purchases and some good numbers from its Madden football franchise and a Star Wars game, analysts said Friday. A trio of analysts continued to recommend the stock...
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Sell-Side Likes The Outlook For Activision Blizzard, Take-Two Interactive
Friday, November 8, 2019 - 1:19pm | 748Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software (NASDAQ: TTWO) not only had strong September quarters, but look good heading into next year sell-side analysts said, suggesting company guidance on the near-future may be too conservative. Analysts universally liked...
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Leading The Way? Analysts Not Yet Ready To Buy Mattel Despite Earnings Beat, Stock Surge
Wednesday, October 30, 2019 - 9:02am | 748The post-Toys-R-Us toy market is thriving. Mattel Inc (NASDAQ: MAT) surged Wednesday after outperforming Street estimates in its third-quarter earnings report. The Earnings With help from Barbie and Hot Wheels, Mattel beat consensus estimates on sales, cost savings and earnings before interest, tax...
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Analyst Previews Funko, Hasbro And Mattel Earnings: Will We See A Pop?
Monday, July 15, 2019 - 3:20pm | 577Pop! figure makers Funko Inc (NASDAQ: FNKO) shares were popping on Monday, and Stifel predicts the Buy-rated stock was the best of the toymakers in the second quarter. Stifel said Funko likely gained share in the quarter on the strength of its signature Pop! figures. The Analyst Stifel’s Drew...
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'Candy Crush' Boosts Activision Blizzard, But The Market's Not Playing Along
Friday, May 3, 2019 - 1:05pm | 779Perhaps downtime and boredom are increasing: lots of people were playing "Candy Crush" on their phones in recent months. That’s good for the game’s maker, Activision Blizzard, Inc. (NASDAQ: ATVI), which otherwise has had a rough start to the year, including a major layoff...
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Zynga Is Well Positioned In The Favorable Video Game Market, Stifel Says
Friday, September 28, 2018 - 8:54am | 378Mobile and web video game maker Zynga Inc (NASDAQ: ZNGA) is well positioned to take advantage of favorable industry trends and investor confidence should increase in the near-term as management is expected discusses its pipeline of new games, according to Stifel. The Analyst Stifel's Drew Crum...
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Activision Blizzard In A Battle Royale Of Its Own Against 'Fortnite'
Sunday, May 6, 2018 - 2:41pm | 723Activision Blizzard, Inc. (NASDAQ: ATVI) closed the week up 4.52 percent after reporting a first-quarter earnings beat Thursday. Even without any major releases, Activision had a strong quarter that saw 24-percent year-over-year EPS growth. The video game manufacturer's earnings did not go as...
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Stifel: Gamemakers Survive 'Fortnite' Ambush, Are A Buy Ahead Of Earnings
Monday, April 30, 2018 - 2:11pm | 558"Fortnite" has taken steady shots at long-leading game publishers, but analysts expect legacy contenders to escape this quarter’s assault relatively unscathed. The Ratings Stifel Nicolaus analysts Drew Crum and David Pang maintained a Buy rating on: TAKE-TWO INTERACTIVE...
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2 Takes On The Mattel CEO Shake-Up
Friday, April 20, 2018 - 2:12pm | 383Mattel Inc (NASDAQ: MAT) announced Thursday that Margo Georgiadis was stepping down as CEO and would be replaced by Ynon Kreiz. The pressure on Mattel and other toy manufacturers has increased since the liquidation of Toys ‘R’ Us. Stifel: 'Mixed' Reaction “Our...
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Toys 'R' Us Aftershocks: Stifel Pessimistic On Hasbro, Mattel Ahead Of Q1 Prints
Wednesday, April 4, 2018 - 2:14pm | 616Toy makers are on deck to report quarterly earnings, and the reports could draw outsized attention in the wake of the Toys R Us' bankruptcy and liquidation. The Analyst Stifel's Drew Crum maintains a Hold rating on Hasbro, Inc. (NASDAQ: HAS)' stock with a price target...
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How Video Game Developers Are Taking On 'Fortnite' — And Why KeyBanc Remains Bullish
Monday, March 26, 2018 - 10:49am | 554Analysts left last week’s Game Developers Conference in San Francisco more confidently bullish on video game studios. The Ratings KeyBanc Capital Markets analysts maintained a Sector Weight rating on Zynga Inc (NASDAQ: ZNGA) and Overweight ratings on: Activision Blizzard, Inc. (...
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Toys R Us Blamed For Toy Stocks' Tepid Q3 Performances
Monday, October 30, 2017 - 1:03pm | 498“We all fall down,” sing the increasingly pallid playmates of Toys R Us. Last week’s dismal earnings from Mattel, Inc. (NASDAQ: MAT) and JAKKS Pacific, Inc. (NASDAQ: JAKK) revealed the ostensible extent of the Toys R Us bankruptcy fallout. The Earnings Speak By Stifel Nicolaus...
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NPD's Video Game Sales Data For September: What To Expect
Friday, October 6, 2017 - 1:25pm | 352The NPD Group will release its September video game sales report on Oct. 12, which is expected to show the video game industry having benefited from a mid-teens increase, said Stifel's Drew Crum. In fact, the upcoming report is considered to be of "greater interest" for investors, as it includes a...
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Looking Forward To BlizzCon? Here's What You Need To Know
Friday, October 6, 2017 - 10:32am | 385The 11th annual BlizzCon event will be hosted by Activision Blizzard, Inc. (NASDAQ: ATVI) and take place Nov. 3 and 4. The event is described as a "massive celebration of Blizzard's universes and the global player communities that bring them to life." But the event isn't just for gaming enthusiasts...