Mark Zgutowicz

Shares of Pinterest Inc (NYSE: PINS) tumbled in early trading on Friday, despite the company reporting a first-quarter earnings beat. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Pinterest Analyst Brad Erickson maintained a Sector Perform rating, while reducing...

Shares of Shopify Inc (NYSE: SHOP) plummeted in premarket trading and are still down with a disappointing outlook. KeyBanc Capital Markets on Shopify Analyst Josh Beck maintained an Overweight rating and price target of $55. “Shopify topped expectations across the board and outlined a 1Q...

Pinterest Inc (NYSE: PINS) reported on Thursday its third-quarter results, with almost flat monthly active users (MAUs) of 445 million. The company’s revenue grew 8% year-over-year to $685 million. Rosenblatt Securities On Pinterest Analyst Barton Crockett maintained a Neutral rating on...

Snap 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...

Snap 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...

Pinterest Inc (NYSE: PINS) shares traded higher by 8.7% on Friday after the company reported a fourth-quarter earnings beat on Thursday afternoon. Pinterest reported fourth-quarter adjusted EPS of 49 cents on revenue of $847 million. Both numbers beat analyst expectations of 45 cents and $827...

Spotify Technology SA (NYSE: SPOT) shares are plunging after the music streaming service issued lackluster user growth guidance. The Spotify Analysts: BofA Securities analyst Jessica Reif Ehrlich maintained a Buy rating and a $352 price target on Spotify shares. Morgan Stanley analyst...

Here’s what four analysts who cover Walt Disney Co (NYSE: DIS) had to say about the company’s fourth-quarter earnings, slower growth for Disney+ and what’s ahead for the media giant. The Disney Analysts: Morgan Stanley analyst Benjamin Swinburne has an Overweight rating and a...

Twitter Inc (NYSE: TWTR) shares tumbled 9.6% on Wednesday after the company disappointed the market with lackluster sales guidance. On Thursday, Twitter reported third-quarter adjusted EPS of 18 cents, beating consensus analyst estimates of 15 cents. Revenue of $1.284 billion fell just short of...

Facebook, Inc. (NASDAQ: FB) shares were retreating Tuesday after the social media giant reported yet another quarter of huge profits and impressive growth. On Thursday, Facebook reported third-quarter adjusted EPS of $3.22 beating consensus analyst estimates of $3.19. Revenue of $29.01 billion...

Netflix Inc (NASDAQ: NFLX) shares traded lower Wednesday after the company reported a third-quarter earnings beat. Netflix reported third-quarter adjusted EPS of $3.19, beating consensus analyst estimates of $2.56. Third-quarter revenue was $7.48 billion, up 16.3% from a year ago and in-line with...

Fox Corp (NASDAQ: FOX) (NASDAQ: FOXA) shares traded higher by 0.6% on Thursday after the company landed a Wall Street upgrade. The Analyst: Rosenblatt Securities analyst Mark Zgutowicz upgraded Fox from Neutral to Buy and raised his price target from $39 to $48. The Thesis: In the upgrade note,...

It’s been a rough week for Roku Inc (NASDAQ: ROKU) investors, punctuated by a sharp drop in second-quarter streaming viewership. On Wednesday, Roku reported second-quarter adjusted EPS of 52 cents on revenue of $645 million. Both numbers exceeded consensus analyst estimates of 13 cents and $...

Pinterest analysts are reacting to the company’s second quarter report that saw strong revenue growth but offered lower active users and third quarter guidance than expected. The Pinterest Analysts: JPMorgan analyst Doug Anmuth lowers the rating on Pinterest (NYSE: PINS) from Overweight to...

Snap Inc. (NASDAQ: SNAP) shares are in record territory in reaction to the company's second-quarter results. The Snap Analyst: Rosenblatt Securities analyst Mark Zgutowicz reiterated a Buy rating on Snap and $100 price target. Needham analyst Laura Martin maintained a Hold rating. JMP...