Michael Pachter

Snap Inc (NYSE: SNAP) reported better-than-expected first-quarter results, highlighted by a 44% year-over-year increase in revenue and a 20% growth in daily active users. Here is a summary of how some of the Street's top analysts reacted to the print. The Snap Analysts Credit Suisse...

Netflix Inc (NASDAQ: NFLX) reported strong quarterly results Tuesday, with global net subscriber additions well ahead of the consensus estimate. The Netflix Analysts Nomura Instinet analyst Mark Kelley maintained a Neutral rating on Netflix and lifted the price target from $330 to $390....

Netflix Inc (NASDAQ: NFLX) is akin to a buffet where consumers pay one price regardless of how much they consume. The comparison is only "partly true" for most video game publishers, Wedbush managing director and equity analyst Michael Pachter said Monday on Benzinga's...

Regardless if consumers are stuck at home or not, the public wants to be entertained, Wedbush Managing Director and Equity Analyst Michael Pachter said Monday on Benzinga's PreMarket Prep. What To Know The American consumer can't go to a live sporting event or concert, nor can they go to...

Roku Inc (NASDAQ: ROKU) estimates that it gained 3 million new accounts in the first quarter and saw streaming hours increase 49% year-over-year — partly thanks to global shelter-at-home orders. “The strength in streaming hours was partially offset by the addition of ‘Are you...

Wall Street wants to like video game company Take-Two Interactive Software, Inc. (NASDAQ: TTWO), which had big hits in recent years with the "Grand Theft Auto" franchise and the "Red Dead Redemption" games. But it's hard to say what's going to happen with the stock when...

Activision Blizzard, Inc. (NASDAQ: ATVI) shares were on the rise Friday and analysts reiterated Buy recommendations after the company's strong fourth-quarter report, with sell-side analysts bullish on the company's "loaded pipeline," lean into mobile and pursuit of ad dollars. The...

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...

There was no shortage of news to cover during today's PreMarket Prep Show heading into an abbreviated week of trading ahead of the holidays. The co-hosts recapped some unusual price action from Friday's quadruple witch expiration in one issue, and a big-name stock was making a big-time move...

Computer hardware maker Advanced Micro Devices, Inc. (NASDAQ: AMD) is joining a collaboration of companies seeking to boost the use of blockchain-powered gaming platforms. AMD said it joined the Blockchain Game Alliance, to help spur the increased use of blockchain in gaming, and in doing so may be...

GameStop Corp. (NYSE: GME) reported third-quarter results highlighted by a notable earnings miss, a 30% drop in sales and a downward revision to 2019 guidance. The stock reacted sharply to the downside and analysts debated how much power is left in the retailer's life bar. The Analysts...

Investors continued to disconnect from Roku Inc (NASDAQ: ROKU) following tepid forward guidance that also failed to impress sell-side analysts, who warned of slowing growth in profits. The sell-off came despite third-quarter revenue and earnings beats on Wednesday. The Analysts Wedbush analyst...

Twitter Inc (NYSE: TWTR) has been one of the biggest disappointments in a relatively strong start to earnings season, with shares plummeting more than 20% following its third-quarter print. Twitter blamed platform bugs and advertising headwinds for its earnings and revenue misses in the third...

Will Netflix Inc. (NASDAQ: NFLX) be able to fend off new competition and continue to grow subscribers? It wasn't looking so good a few months ago, but after a rebound in subscriber growth in the third quarter led by overseas customers some analysts are thinking: Stranger Things have happened....

GoPro Inc (NASDAQ: GPRO) shares plunged and kept dropping after the company announced Wednesday afternoon a last-minute production delay for its new flagship HERO8 Black camera. GoPro sees preliminary third-quarter sales of $123 million-$127 million versus a $308.2 million estimate. Sell-side...