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Amazon Analysts Flag Q1 Guidance Concerns, AI Investment Surge: 'Spend Money To Make Money'
Friday, February 7, 2025 - 2:12pm | 1222Amazon.com Inc (NASDAQ:AMZN) analysts weigh the impact of strong fourth-quarter results with weaker-than-expected first-quarter guidance and high CapEx guidance for 2025 after the company's latest financial results. The Amazon Analysts: DA Davidson analyst Gil Luria reiterated a Buy rating on...
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DraftKings Reports Q2 Miss, Analysts Wonder If Surcharges On Winnings Are A 'Gamble'
Friday, August 2, 2024 - 12:43pm | 660Shares of DraftKings Inc (NASDAQ:DKNG) tanked in early trading on Friday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Benchmark analyst Mike Hickey reaffirmed a Buy rating, while cutting the price...
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Meta Platforms 'In Rarified Air' With Scale, Growth, Profitability: 12 Analysts Size Up Q2 Results, How 'Zuck Won AI Bingo Before The Game Started'
Thursday, August 1, 2024 - 1:36pm | 1364Meta Platforms Inc (NASDAQ:META) gets higher price targets from analysts on the strength of its artificial intelligence initiatives, though with some concerns about higher spending, after reporting second-quarter financial results that beat estimates. The Meta Platforms Analysts: KeyBanc analyst...
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Penn Entertainment Analyst Downgrades Barstool Sports Owner, Names 2 Gaming Stocks To Buy
Monday, April 17, 2023 - 11:05am | 470PENN Entertainment Inc (NASDAQ: PENN) has lagged the S&P 500 in the past year, but one analyst said Monday that investors looking to buy the dip have better opportunities elsewhere. The Analyst: JMP analyst Jordan Bender downgraded PENN from Outperform to Market Perform and reiterated his...
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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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7 Snap Analysts On Q3 Sales Miss: 'Meaningful Competition From TikTok'
Friday, October 21, 2022 - 4:19pm | 752Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers. On Thursday, Snap reported third-quarter adjusted EPS of 8 cents, beating analyst estimates of a break-even quarter. Snap's $1.13 billion in revenue for the...
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5 Adobe Analysts React To Earnings Beat, Guidance Miss, Figma Acquisition
Friday, September 16, 2022 - 1:25pm | 595Adobe Inc (NASDAQ: ADBE) shares traded lower by another 4.5% on Friday after the stock dropped 17% on Thursday, its worst day since 2010. On Thursday, Adobe reported fiscal third-quarter adjusted EPS of $3.40, exceeding consensus analyst estimates of $3.33. Quarterly revenue was $4.43 billion, in-...
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5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'
Wednesday, August 31, 2022 - 12:01pm | 742Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff. Snap CEO Evan Spiegel told employees via a memo on Tuesday that the company needs to restructure its...
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Can PubMatic Weather Macro Issues? Analysts Remain Bullish Citing Potential Growth Opportunities
Tuesday, August 9, 2022 - 11:58am | 568Here is what analysts are saying about digital advertising company PubMatic Inc. (NASDAQ: PUBM), which just reported second-quarter financial results, and beat consensus earnings per share and revenue estimates. The PUBM Analysts RBC Capital analyst Matthew Swanson has an Outperform rating and a...
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8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'
Friday, July 22, 2022 - 2:58pm | 916Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...
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JMP Analyst Names 5 Gambling Stocks To Buy On The Dip
Tuesday, June 28, 2022 - 1:03pm | 622It's been a rough year so far for casino and online gambling stocks, but one firm has identified a handful of gambling stocks that investors should consider buying on the dip. The Analyst: JMP Securities analyst Jordan Bender has initiated coverage of the following five stocks: Rush Street...
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6 Adobe Analysts React To Q2 Earnings Beat, Guidance Cut, Heightened Execution Risks
Friday, June 17, 2022 - 2:36pm | 669Adobe Inc (NASDAQ: ADBE) shares traded slightly higher on Friday after the company's full-year guidance disappointed Wall Street. On Thursday, Adobe reported adjusted fiscal second-quarter EPS of $3.35 on revenue of $4.39 billion. Both numbers exceeded consensus analyst estimates of $3.31 and $...
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7 Coupa Software Analysts React To Q1 Earnings Beat: 'Lots Of Noise Around Billings'
Tuesday, June 7, 2022 - 2:11pm | 789Coupa Software Inc (NASDAQ: COUP) shares traded higher by 1.8% on Tuesday after the company reported strong earnings numbers and record subscription revenues in the first quarter. On Monday, Coupa reported adjusted first-quarter EPS of 8 cents on revenue of $196.3 million. Both numbers topped...
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9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'
Wednesday, June 1, 2022 - 11:38am | 1003Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast. On Tuesday, Salesforce reported adjusted first-quarter EPS of 98 cents on $7.41 billion in revenue. Both numbers beat consensus analyst estimates of 94 cents...
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A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off
Tuesday, May 24, 2022 - 12:53pm | 872Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...