Mark Kelley

Match Group Inc (NASDAQ: MTCH) reported disappointing revenue for the fourth quarter of 2019 due to increased Tinder churn resulting from changes to the cancellation flow in the new iOS 13. The iOS cancellation issues will abate and estimates may be revised higher as the year progresses, according...

Spotify Technology SA (NYSE: SPOT) shares began climbing back Thursday after falling a day earlier following earnings disappointment, and sell-side analysts remained mostly positive on the company's overall outlook and pushed price targets higher. Spotify was off about 6% on Wednesday after the...

Snapchat's parent company Snap Inc (NYSE: SNAP) reported a fourth-quarter revenue miss and widening year-over-year loss. Snap's total addressable market represents a top concern for investors to "worry about most," Needham analyst Laura Martin wrote in a note. Management said the...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported mixed fourth-quarter earnings results. A handful of Wall Street analysts offered their take on the quarter and what's next for Google and YouTube. Notably, the company disclosed YouTube advertising revenue, which came in at topped $15 billion...

Facebook Inc. (NASDAQ: FB) keeps warning about looming headwinds for its stock because of concerns about how it deals with users' privacy. But Facebook's revenue and user base just keep growing. Investors appeared to share Facebook's more cautious outlook on Thursday, selling...

Netflix, Inc. (NASDAQ: NFLX) beat expectations on total subscriber adds, EPS and revenue but the sell-side reaction was mixed with bears worried about lackluster growth in U.S. subscribers and heavy spending on content as competition ramps up. The mixed results on subscriber adds, strong...

Netflix Inc. (NASDAQ: NFLX) and Amazon.com Inc. (NASDAQ: AMZN) are the best-positioned companies to take advantage of the movement toward streaming entertainment, Nomura Instinet said in a new look at the industry. While Netflix, the pioneering early giant in the space, and Amazon look best among...

After a disastrous end to 2018, video game publisher Activision Blizzard, Inc. (NASDAQ: ATVI) shares stabilized in 2019. On Friday, Activision had the attention of several large option traders, and the action was more bullish than bearish. The Trades Benzinga Pro subscribers received seven option...

Last year was a decent year for Nomura’s digital portfolio, one marked by margin expansion and strong top- and bottom-line estimates. However, Nomura expects more turbulence throughout 2020. Analysts Mark Kelley and Andrew Marok lean conservatively on the sector as the Street has, on average...

Netflix Inc (NASDAQ: NFLX) this week reported higher-than-expected subscriber figures in Latin America, but room for more growth in the Asia-Pacific region, Nomura Instinet said. The Analyst Mark Kelley kept a Neutral rating and $330 price target on Netflix. The Thesis Netflix issued an 8-K filing...

Match Group Inc (NASDAQ: MTCH) shares jumped 8.4% on Thursday after the company announced a deal to split from its parent company IAC/InterActiveCorp (NASDAQ: IAC). The separation deal has been approved by the boards of both companies. It will be tax free and is expected to be completed in the...

The online pet supplies retailer Chewy Inc (NYSE: CHWY) reported third-quarter results Monday that came in better than expected in nearly every respect. Multiple Street analysts were encouraged by the print and the company's outlook. Instinet Reviews Chewy's Q3  Chewy...

Match Group Inc (NASDAQ: MTCH) reported its third-quarter results ahead of expectations, but seems to be headed toward a lighter end to the year, according to Nomura. The Analyst Nomura’s Mark Kelley maintained a Buy rating on Match Group with a price target of $88. The Thesis Match...

Most investors have to wait until the end of a quarter to get feedback on how a company performed during the quarter. However, internet stock investors can get some helpful hints about usage and download trends along the way. Social Media And Video On Tuesday, Nomura Instinet analyst Mark Kelley...

Image-sharing social media platform Pinterest Inc (NYSE: PINS) disappointed the Street with its third-quarter report, but at least three analysts are defending the company. The Analysts DA Davidson analyst Tom Forte upgraded Pinterest's stock from Neutral to Buy with a $28 price target....