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DraftKings Stock Hits 52-Week Highs: 7 Analysts Size Up Jackpocket Acquisition, Q4 Results, Future Growth
Friday, February 16, 2024 - 2:01pm | 1009Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Analysts size up the earnings result and future of the company. BMO Capital analyst Brian J. Pitz has an Outperform rating and raises the price target from $43 to $51. Stifel...
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Take-Two Interactive Hits 52-Week High, Fueled By GTA 6 Release Optimism, AI Integration
Monday, January 22, 2024 - 4:41pm | 453Take-Two Interactive Software, Inc.'s (NASDAQ: TTWO) stock price reached a new 52-week high on Monday after Benchmark raised its price target on the stock from $163.00 to $200.00. According to Benchmark analyst Mike Hickey, "Take-Two faces low execution risks in fiscal 2H 2024," and...
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ESPN Bet Launches In 17 States, Offers $200 In Bonus Bets: Could Competition Spell Trouble For DraftKings?
Thursday, November 16, 2023 - 1:15pm | 1024Online sports betting company DraftKings Inc (NASDAQ:DKNG) has been a sector leader since it first launched. Its recent quarterly financial results showed strong growth and raised guidance. A highly anticipated sportsbook competitor could be something to watch for DraftKings investors. What...
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Roblox Analysts Divided On Timing Of Margin Expansion, $5B Market Cap Correction Is 'Excessive'
Thursday, August 10, 2023 - 11:34am | 589Shares of Roblox Corp (NYSE: RBLX) were rising in early trading on Thursday, after tanking in the previous session on the company’s revenue miss. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley analyst Matthew...
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Star Wars, FIFA Help Electronic Arts Earn Upbeat Q1, Yet Shares Slide: 4 Analyst Takes
Wednesday, August 2, 2023 - 11:39am | 540Shares of Electronic Arts Inc (NASDAQ: EA) tanked in early trading on Wednesday, even after the company reported strong results for the first quarter of fiscal 2024. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Benchmark analyst...
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Activision Blizzard Expected To Surge: Analyst Sees Upside In Proposed Microsoft Acquisition
Monday, May 22, 2023 - 2:54pm | 526Benchmark Company analyst Mike Hickey named Activision Blizzard Inc. (NASDAQ: ATVI) as a top pick in the Entertainment & Digital Media sector and set a price target of $90. Benchmark Price Target: In regard to Microsoft Corp.'s (NASDAQ: MSFT) proposed acquisition of...
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Take-Two To Launch Grand Theft Auto 6 Next Year, Analysts Are Bullish About Outlook
Thursday, May 18, 2023 - 11:03am | 445Shares of Take-Two Interactive Software, Inc (NASDAQ: TTWO) spiked in early trading on Thursday, after the company reported 56% year-over-year growth in its fourth-quarter revenue to $1.45 billion. The report came amid an exciting earnings season. Here are some key analyst takeaways from the...
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Roblox Shares Jump: What 3 Analysts Are Highlighting In Q1 Earnings Report
Thursday, May 11, 2023 - 10:46am | 474Shares of Roblox Corp (NYSE: RBLX) rose sharply in early trading on Thursday after the company reported upbeat quarterly revenues. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Benchmark On Roblox Analyst Mike Hickey upgraded...
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DraftKings Q1 Beat Driven By High Customer Retention, Market Share Gains; Analysts Optimistic On Growth
Friday, May 5, 2023 - 11:04am | 770Sports betting company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results after market close Thursday. The company also raised its full-year revenue and EBITDA guidance. Here's what analysts are saying after the report and guidance increase. The DraftKings Analysts: Bank of...
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AMC Earnings Were 'Pretty Great' And 'Better Than Expected': Why Rich Greenfield Calls AMC/APE Situation 'Lose/Lose' For Shareholders
Wednesday, March 1, 2023 - 1:26pm | 844Movie theater leader AMC Entertainment Holdings Inc (NYSE: AMC) reported fourth-quarter financial results after market close Tuesday. The company also shared an update on liquidity and a planned shareholder vote. What Happened: AMC reported fourth-quarter revenue of $990.9 million, down 15.4% year-...
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DraftKings 3.0: Analysts Raise Price Targets After Q4 Beat, Focus On Profitability
Friday, February 17, 2023 - 11:39am | 771Sports betting giant DraftKings Inc (NASDAQ: DKNG) beat revenue estimates in the fourth quarter and raised its 2023 guidance. Here's what analysts have to say about the report and the company's path forward. JMP Securities analyst Jordan Bender has a Market Outperform rating and a price...
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33% Upside For Activision Blizzard With Microsoft Deal, 26% Upside Without? 3 Analysts React To Q4 Earnings
Tuesday, February 7, 2023 - 12:16pm | 698Video game company Activision Blizzard (NASDAQ: ATVI) reported fourth-quarter financial results after the market close Monday. The company broke several records in the quarter thanks to its key franchises. Here’s what analysts are saying after the print. The Activision Blizzard...
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3 Take-Two Interactive Software Analysts Express Concern Around FQ3 Print, Guidance
Tuesday, February 7, 2023 - 12:03pm | 369Shares of Take-Two Interactive Software, Inc (NASDAQ: TTWO) climbed in early trading on Tuesday, despite the company reporting disappointing fiscal third-quarter results and lowering guidance. Raymond James analyst Andrew Marok maintained a Market Perform rating on the stock. Oppenheimer's...
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These 3 Unity Software Analysts Offer Their Takeaways On Q3 Print
Thursday, November 10, 2022 - 1:29pm | 446Although Unity Software Inc (NYSE: U) reported Wednesday disappointing third-quarter revenues, its stock recorded gains. Benchmark On Unity Software Analyst Mike Hickey maintained a Sell rating, with a price target of $16. “U delivered disappointing F3Q22 results, missing Benchmark estimates...
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3 Take-Two Interactive Software Analysts Call Q2 Weak, Praise 'Solid' Zynga
Tuesday, November 8, 2022 - 12:14pm | 331Take-Two Interactive Software, Inc (NASDAQ: TTWO) reported second-quarter results after market close Monday. Benchmark Analyst Mike Hickey reiterated a Buy rating, while reducing the price target to $139. The company’s quarterly results were “disappointing,” as it missed “...