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Uber Not Seeing Consumer Slowdown, Analyst More Convinced Of Profitability Target After Q3 Earnings
Wednesday, November 2, 2022 - 12:44pm | 589Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter. Here’s what analysts said after earnings. The Uber Analysts: RBC Capital analyst Brad Erickson had an Outperform rating and a price target of $46. JMP Securities analyst...
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Airbnb Is 'Solid': 7 Analysts Offer Takeaways On Q3 Print
Wednesday, November 2, 2022 - 12:29pm | 641Although Airbnb Inc (NASDAQ: ABNB) reported upbeat third-quarter results, with revenue of $2.88 billion and earnings of $1.79 per share, analysts slashed price targets. RBC Capital Markets Analyst Brad Erickson maintained a Sector Perform rating, with a price target of $110. “ABNB beat Q3 but...
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10 Amazon Analysts Lower Price Targets: How The Street Is Reacting To Disappointing Q3 Earnings, AWS 'Surprise'
Friday, October 28, 2022 - 12:13pm | 1174Here’s what analysts are saying about Amazon.com Inc's (NASDAQ: AMZN) third quarter financial results, fourth-quarter guidance and why they’re lowering price targets. The Amazon Analysts Telsey analyst Joseph Feldman has an Outperform; lowers the price target from $150 to $140....
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2023 An 'Investment Year' For Meta Platforms: Why These 6 Analysts Are Lowering Price Targets After Q3 Earnings
Thursday, October 27, 2022 - 11:58am | 859Analysts are lowering their price targets on Meta Platforms (NASDAQ: META) after the company reported third-quarter financial results Wednesday. Here’s what analysts are saying about the company’s growth and high spending on the metaverse sector. The Meta Platforms Analysts: Goldman...
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11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
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EBay "Thesis Not Changing" Analysts Say After Strong Guidance, Mixed Earnings
Thursday, August 4, 2022 - 4:47pm | 596Analysts are sizing up the second-quarter financial report from marketplace and auction company eBay Inc (NASDAQ: EBAY), which reported results Wednesday after market close. The eBay Analysts: Needham analyst Anna Andreeva had a Hold rating and no price target. JMP Securities analyst Nicholas...
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Amazon Analysts Break Down Q3 Earnings: 'Would Be Buyers On Weakness'
Friday, October 29, 2021 - 4:40pm | 756Amazon.com, Inc. (NASDAQ: AMZN) shares dropped 2.9% on Friday after the company reported an ugly earnings miss and disappointing guidance. Amazon reported third-quarter adjusted EPS of $6.12 on revenue of $110.8 billion. Both numbers missed consensus analyst estimates of $8.92 and $111.6 billion,...
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What To Expect When Alibaba Reports Its Q2 Results
Monday, October 4, 2021 - 11:48am | 608Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading at their lowest level since late 2018, stung by a challenging regulatory environment and softening macroeconomic conditions. These twin factors have led several sell-side analysts to temper their expectations for...
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Why 6 DoorDash Analysts Are Raising Price Targets After Q2 Earnings
Friday, August 13, 2021 - 3:27pm | 822Analysts share their reactions and new price targets on shares of DoorDash Inc (NYSE: DASH), which reported second-quarter earnings Thursday after market close. The DoorDash Analysts: Barclays analyst Ross Sandler had an Equal Weight rating and raised the price target from $160 to $183....
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9 Amazon Analysts Break Down Q2 Earnings: 'Comps Tougher Than Expected'
Friday, July 30, 2021 - 2:13pm | 861Amazon.com, Inc. (NASDAQ: AMZN) shares traded lower by 7% on Friday after the company reported slowing revenue growth in the second quarter and issued weak guidance for the second half of the year. Amazon reported second-quarter adjusted EPS of $15.12, beating analyst estimates of $12.30. Revenue...
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Jim Cramer Sees Both Regulation And Fundamental Concerns For Alibaba
Thursday, July 8, 2021 - 11:35am | 243Alibaba Group Holding Ltd (NYSE: BABA) is one of the most widely held Chinese stocks in the U.S. The stock has trended lower recently on regulation concerns in China. Alibaba was fined Wednesday by antitrust regulators on accusations that the company violated China's anti-...
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Google Analysts Bullish Following Earnings Beat: 'Well Positioned For Reopening Tailwinds'
Wednesday, April 28, 2021 - 1:20pm | 582Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded higher after the company reported a first-quarter earnings beat on Tuesday afternoon. For the first quarter, Alphabet reported adjusted EPS of $26.29 on $55.3 billion in revenue. Both numbers beat consensus analyst estimates of $15.82...
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Baidu Analysts Shrug Off Soft Growth Guidance, iQIYI SEC Probe As Short-Term Headwinds
Friday, August 14, 2020 - 11:29am | 534Chinese search engine Baidu Inc ADR Class A (NASDAQ: BIDU) reported better-than-expected second-quarter results Thursday, but its shares slid, apparently in reaction to soft guidance and an SEC investigation into its video streaming subsidiary IQIYI Inc (NASDAQ: IQ). The Baidu Analysts:...
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Mizuho Raises Google's Price Target On Positive Ad Trajectory
Tuesday, July 21, 2020 - 1:15pm | 360A recent call with a leading advertising agency indicates a monthly recovery for Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) in the second quarter and a positive trajectory of ad revenues ahead, according to Mizuho Securities. The Google Analyst: James Lee maintained a Buy rating on Alphabet, while...
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JD.com Analysts Buy Into E-Commerce Giant's Consistent Execution Amid Uncertain Times
Monday, May 18, 2020 - 3:10pm | 764Shares of Chinese e-commerce company JD.Com Inc (NASDAQ: JD) are trading in record territory for the second straight session, thanks to strong first-quarter results. The JD.com Analysts Stifel analyst Scott Devitt maintained a Neutral rating on JD.com and raised the price target from $43 to $50....