-
Datadog's Strong Start To 2024: Analysts Optimistic About Ongoing Market Leadership, 'More/Faster Cloud Software Creation Is Better"
Wednesday, May 8, 2024 - 2:26pm | 627Morgan Stanley analyst Sanjit Singh reiterated an Overweight rating on Datadog, Inc (NASDAQ:DDOG) with a price target of $137. The analyst highlighted that in a challenging software environment in the first quarter, Datadog delivered a bona fide beat and a forward estimate raise. As a...
-
7 Apple Analysts Size Up Q2 Results: Artificial Intelligence 'A Major Upgrade Cycle Within Product Categories Such As The iPhone'
Friday, May 3, 2024 - 1:37pm | 1194Technology giant Apple Inc (NASDAQ:AAPL) reported second-quarter financial results that saw revenue and earnings per share beat Street estimates. Analysts have responded to Apple’s results, updated guidance, increased dividend, and the announcement of a $110 billion buyback. The Apple...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
4 Expert Takes On Alibaba's Singles Day Sale
Monday, November 12, 2018 - 3:48pm | 588Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) hosted its annual "Singles Day" selling event Sunday, generating the U.S. dollar equivalent of $30.8 billion in gross merchandise volume. Here's what industry experts are saying after the sale. SunTrust:...
-
After Hitting New All-Time Highs, Bitcoin Plunged 23%
Thursday, January 5, 2017 - 2:56pm | 272The price of the digital currency bitcoin quietly hit a new all-time high Wednesday at $1,161.89. The move to an all-time high was short lived, however, as the price of one bitcoin fell as low as $888.99 on Thursday. At its peak lows, bitcoin was lower by nearly 25 percent. By 1:15 p.m. ET on...
-
In Case You Missed It, Bitcoin Hit An All-Time High Wednesday
Wednesday, January 4, 2017 - 4:29pm | 257While many investors are watching the Dow Jones Industrial Average flirt with the 20,000 mark, the price of one bitcoin quietly traded at a new all-time high. The price of one bitcoin traded as high as $1,137 back in November 2013. After trading between $200 and $400 for much of 2014 and 2015, the...
-
Wedbush Sees Competition, Regulatory Scrutiny As Long-Term Headwinds For Square, Inc
Thursday, August 4, 2016 - 8:30am | 280Although Square Inc (NYSE: SQ) reported its 2Q results ahead of expectations, the company’s growth is likely to decelerate over the next couple of years, Wedbush’s Gil Luria said in a report. He maintained a Neutral rating on the company, while raising the price target from $8 to $10...
-
Wedbush Sees 'Saturation Approaching' At Square, Downgrades To Underperform
Friday, May 6, 2016 - 9:59am | 265Square Inc (NYSE: SQ) reported solid 1Q results and raised its guidance. Wedbush’s Gil Luria downgraded the rating for the company from Neutral to Underperform, while reducing the price target from $11 to $9. The analyst commented that Square’s business may “never reach peer (or...
-
H&R Block Says Fewer Americans Are Filing Taxes
Friday, March 4, 2016 - 10:40am | 244Kansas based H&R Block Inc (NYSE: HRB) prepared 6.1 percent fewer returns in the early part of the tax season than it did last year. The number of returns filed declined from 11.28 million through February 28, 2015 to 10.59 million returns through February 28, 2016. H&R Block attributed the...
-
Why Square Has Mismatched Cost And Monetization Structures
Monday, January 4, 2016 - 10:16am | 357The share price of Square Inc (NYSE: SQ) has appreciated 9.4 percent over the past month, reaching a high of $13.49 on December 31. Wedbush’s Gil Luria has maintained a Neutral rating on the company, while lowering the price target from $12 to $11. Luria believes that the stock valuation...