Mark Zgutowicz

Netflix reported second-quarter earnings Tuesday night that saw the streaming platform gain 1.5 million subscribers and post revenue of $7.3 billion. Here’s how analysts are reacting to the company’s subscriber figure, content slate and first comments on video game launch. The Netflix...

Analysts were left with many questions after Twitter Inc (NYSE: TWTR) reported first quarter earnings. Future concerns exist, leading to several price target cuts. The Twitter Analysts: Raymond James analyst Aaron Kessler reiterates a Market Perform rating and has no price target. Rosenblatt...

Shares of Pinterest Inc (NYSE: PINS) fell Wednesday after reporting first-quarter earnings. Analysts were impressed with the strong user growth, but worry about the sustainability of growth after the pandemic. Pinterest reported quarterly earnings of 11 cents per share, which beat the analyst...

Snapchat parent company Snap Inc (NYSE: SNAP) hosted Tuesday its Analyst Day presentation and many Street analysts agreed the social media company's "open-ended growth story" is achievable. The Snap Analysts: KeyBanc Capital Markets analyst Justin Patterson maintains an...

Streaming video company Roku Inc (NASDAQ: ROKU) reported fourth-quarter results that came in better than expected but not all analysts were equally impressed. The Roku Analysts: Rosenblatt Securities analyst Mark Zgutowicz maintains a Buy rating on Roku's stock with a price target lifted from $...

Twitter Inc (NYSE: TWTR) shares soared 11.5% on Wednesday after the company reported big fourth-quarter earnings and revenue beats. Twitter reported adjusted EPS of 38 cents on revenue of $1.29 billion. Both numbers beat consensus analyst forecasts of 31 cents and $1.19 billion, respectively....

Snap Inc (NYSE: SNAP) shares were moving to the downside Friday following the release of the social media platform's fourth-quarter results. The Snap Analysts: Rosenblatt Securities analyst Mark Zgutowicz reiterated a Buy rating on Snap shares and increased the price target from $50 to $70...

Streaming video hardware and software company Roku Inc (NASDAQ: ROKU) reported third-quarter results Thursday that several analysts are applauding, with no signs of a slowdown in Roku's momentum.  The Roku Analysts: BofA Securities analyst Ruplu Bhattacharya maintains a Buy...

Snap Inc (NYSE: SNAP) shares surged more than 30% on Wednesday after the company reported blowout third-quarter earnings numbers that signaled a significant rebound in online advertising spending in the second half of 2020. Snap reported adjusted EPS of 1 cent, exceeding analyst estimates of a...

Social media companies could benefit from tailwinds in the next 12 months if Microsoft becomes TikTok’s U.S.-based suitor, according to Rosenblatt Securities. The Analyst: Mark Zgutowicz maintained a Buy rating on Snapchat (NYSE: SNAP) a Buy rating with a $30 price target...

Streaming video hardware and software maker Roku, Inc. (NASDAQ: ROKU) reported second-quarter results that prompted three analysts to turn incrementally bullish on the stock. Roku reported quarterly losses of 35 cents per share, which beat the analyst consensus estimate by 16 cents. The company...

Although average revenue per user, weak ad trends and FX headwinds softened its second-quarter results and guidance, Spotify (NYSE: SPOT) does have catalysts ahead, according to Rosenblatt Securities. The Spotify Analyst: Mark Zgutowicz reiterated a Buy rating on Spotify and raised...

Twitter Inc (NYSE: TWTR) shares got a boost this week after the company reported much stronger-than-expected user numbers in the second quarter. However, ad revenue dropped 23% on the quarter, highlighting that Twitter is not immune to the pressures weighing on other social media platforms as well...

Snap Inc (NYSE: SNAP) shares traded lower by 8% on Wednesday after the company reported a $326 million net loss in the second quarter, up from a $255 million loss a year ago. Snap reported a 9-cent EPS loss on the quarter, in-line with consensus analyst estimates. Revenue of $454 million exceeded...

Spotify Technology SA (NYSE: SPOT) gained this week after The Wall Street Journal reported the company has signed an exclusive deal with Kim Kardashian West for a new podcast focused on criminal justice. The new deal comes less than a month after Spotify secured an exclusive deal for Joe Rogan...