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Roku's 'Revenue Trends Continue To Deteriorate': 4 Analysts On Streaming Platform's Q3 Earnings
Thursday, November 3, 2022 - 11:09am | 502Roku Inc (NASDAQ: ROKU) announced downbeat guidance Thursday, causing a massive sell-off in the stock. Here's what the Street has to say. Morgan Stanley On Roku Analyst Benjamin Swinburne maintained an Underweight rating while reducing the price target from $50 to $45. The company...
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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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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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10 Surprises From Netflix's Earnings Report: Advertising Plan, No More Sub Guidance, Movie Theater Strategy And More
Friday, October 21, 2022 - 6:15am | 669Streaming giant Netflix Inc (NASDAQ: NFLX) reported quarterly results this week that saw the company beat Street estimates. An analyst shared 10 surprises from the earnings report. The Netflix Analyst: Needham analyst Laura Martin has a Hold rating on Netflix and no price target. The Analyst...
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Apple 'Selling Fear' With Focus On Safety In New Products; Analysts See More Reasons For Consumers To Upgrade To iPhone 14
Friday, September 9, 2022 - 4:13pm | 845The September event from Apple Inc (NASDAQ: AAPL) revealed details of the new iPhone 14, Apple Watch and Airpods. Here’s what analysts think of the updates and what it could mean for the future of the technology giant. The Apple Analysts: Morgan Stanley analyst Erik Woodring had an...
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Disney Shares Have Underperformed, Business Has Outperformed: Why Analysts Remain Bullish On House Of Mouse And Disney+ Growth
Thursday, August 11, 2022 - 5:43pm | 854The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS) reported third-quarter financial results. Here’s what analysts were saying after the report....
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4 TradeDesk Analysts On Q2 Earnings: Profitable Growth Remains A Hallmark
Wednesday, August 10, 2022 - 11:35am | 448Trade Desk Inc. (NASDAQ: TTD) reported its second-quarter revenues ahead of expectations and guided to upbeat sales in the third quarter. Needham On Trade Desk Analyst Laura Martin maintained a Buy rating while raising the price target from $55 to $65. Trade Desk reported quarterly revenues of $377...
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Apple Earnings 'Better-Than-Feared,' Company Can Weather Storm: Why Analysts Remain Bullish
Friday, July 29, 2022 - 3:23pm | 705Technology giant Apple Inc (NASDAQ: AAPL) reported quarterly earnings after market close Thursday. Analysts are sizing up a quarter and guidance that may have been “better-than-feared” with updated price targets. The Apple Analysts: Morgan Stanley analyst Erik Woodring had an...
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6 Amazon Analysts React To Q2 Earnings Report: 'Our Top '22 FANG Stock'
Friday, July 29, 2022 - 2:57pm | 653Amazon.com, Inc. (NASDAQ: AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate. On Thursday, Amazon reported a second-quarter adjusted EPS loss of 20 cents, missing analyst estimates of a 14-cent profit....
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7 Meta Platforms Analysts Talk Q2 Weakness In Advertising, Risk-Reward And Long-Term Growth For Reels
Thursday, July 28, 2022 - 1:46pm | 916Analysts are sizing up Wednesday's second-quarter earnings report from Meta Platforms that cited weaker advertising spending and several macro headwinds for the social media platform. Could growth of Reels be enough to offset revenue declines? The Meta Platforms Analysts: RBC...
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8 Netflix Analysts React To Q2 Earnings Beat, Subscriber Guidance, Ad-Supported Tier
Wednesday, July 20, 2022 - 4:19pm | 791Netflix, Inc. (NASDAQ: NFLX) shares gained 7.1% on Wednesday after the company reported better-than-expected subscriber losses in the second quarter and detailed plans to launch a new, low-cost, ad-supported subscription tier. On Tuesday, Netflix reported second-quarter adjusted EPS of $3.20,...
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Why This Meta Platforms Analyst Is Turning Bearish
Monday, July 11, 2022 - 11:22am | 212Meta Platforms Inc.’s (NASDAQ: META) short-term fundamentals seem to be deteriorating, as the Menlo Park, California-based company invests in the metaverse while facing a slowdown in revenue growth, according to one analyst. The Meta Platforms Analyst: Needham analyst Laura Martin downgraded...
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7 Walt Disney Analysts React To Q2 Earnings Miss, Subscriber Beat, Ongoing Asia Weakness
Thursday, May 12, 2022 - 12:16pm | 716Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business. On Wednesday, Disney reported fiscal second-quarter adjusted EPS of $1.08 on revenue of $19.25...
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Ad-Supported Netflix Plans Could Come By End Of 2022: What Investors Need To Know
Tuesday, May 10, 2022 - 3:54pm | 574Streaming giant Netflix Inc (NASDAQ: NFLX) saw shares tumble after reporting its first quarterly drop in subscribers in over 10 years. One item being drawn up to combat subscriber losses could be coming sooner than expected. What Happened: Netflix told its employees that it could launch an ad-...
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Here's Why Analysts Are Lowering Price Targets On Amazon After Q1 Earnings
Friday, April 29, 2022 - 5:55pm | 722E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported mixed earnings Thursday and announced guidance that came in lower than analysts' estimates for the second quarter. Here's why analysts are lowering their price targets and sound more cautious moving forward. The Amazon Analysts...