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Arm Holdings Benefits From 'Accelerated AI, Royalty Revenue': 6 Analysts Examine Q3 Print
Thursday, February 8, 2024 - 12:43pm | 812Shares of Arm Holdings PLC (NASDAQ: ARM) climbed in early trading on Thursday after rising in the premarket session. Arm Holdings announced its fiscal third-quarter results amid an exciting earnings season. Here are some key analyst takeaways from the release. Mizuho Securities analyst Vijay...
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Cybersecurity Firm Fortinet Takes 'Step In Right Direction': 7 Analysts Deep Dive Into Q4 Print
Wednesday, February 7, 2024 - 12:39pm | 752Shares of Fortinet Inc (NASDAQ: FTNT) climbed in premarket trading on Wednesday, after the cybersecurity company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler analyst Rob...
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Palantir Rallies Off AI-Driven Q4 Earnings: Bull Analyst Sees 'Off The Charts Commercial Success'
Tuesday, February 6, 2024 - 12:26pm | 509Shares of Palantir Technologies Inc (NYSE: PLTR) were climbing Tuesday after the company reported better-than-expected fourth-quarter results. Here's what four analysts are saying about the earnings report. Wedbush On Palantir Technologies Analyst Daniel Ives maintained an...
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Cigna 'Top Pick for 2024': Analysts Change Ratings, Forecasts Following 2024 Guidance
Monday, February 5, 2024 - 1:39pm | 525Cigna Group (NYSE: CI) shares were rising in early trading on Monday after the company reported its fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Cantor Fitzgerald On Cigna Analyst Sarah James upgraded the rating...
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Texas Instruments Reset 'Not A Shocker,' Analysts Lower Guidance After Q4 Earnings
Wednesday, January 24, 2024 - 12:49pm | 654Shares of Texas Instruments Inc (NASDAQ: TXN) tanked in premarket trading on Thursday, after the company reported its fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Cantor Fitzgerald analyst C.J. Muse maintained a...
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Micron Technology Guidance Reflects Strong Pricing Rebound: 10 Analysts Deep Dive Into Q1 Earnings
Thursday, December 21, 2023 - 1:18pm | 1146Micron Technology Inc (NASDAQ: MU) shares climbed in early trading on Thursday, after the company reported better-than-expected revenues for its fiscal first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Goldman Sachs On...
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Affirm's Strategy Could Evolve Beyond Walmart Deal Towards Full Financial Services, Says Bullish Analyst
Wednesday, December 20, 2023 - 4:16pm | 332Shares of Affirm Holdings Inc (NASDAQ: AFRM) have been climbing after the company announced the extension of its partnership with Walmart Inc (NYSE: WMT). The focus is likely to shift from BNPL and partnerships like Walmart to Affirm becoming "a full-fledged financial services firm with direct...
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Adobe Shares Slide After Q4 Print, But These Analysts Are Optimistic About GenAI Tailwinds
Thursday, December 14, 2023 - 1:32pm | 685Adobe Inc (NASDAQ: ADBE) shares tanked in early trading on Thursday, even after the company reported upbeat fiscal fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Stifel On Adobe Analyst Parker Lane maintained...
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Advanced Micro Devices Projects $45B AI Chip Market In 2023: Analysts Say Chipmaker 'Maturing Fast' After GPU Launch
Thursday, December 7, 2023 - 5:56pm | 761Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rallied Thursday after the company announced the launched of its new GenAI chip. Raymond James On Advanced Micro Devices Analyst Srini Pajjuri maintained a Strong Buy rating while raising the price target from $125 to $140. “AMD...
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General Motors Analyst Turns Bullish, Expects Production To 'Snap Back' In 2024
Monday, December 4, 2023 - 11:55am | 329Shares of General Motors Co (NYSE: GM) continued to climb in early trading on Monday, after the Detroit automaker announced a $10 billion buyback last week. While production has resumed with the end of the United Auto Workers (UAW) strike, there are some “idiosyncratic catalysts” ahead...
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UiPath Shares Jump After Q3 Earnings: 6 Analysts Weigh In
Friday, December 1, 2023 - 12:17pm | 832UiPath Inc (NYSE: PATH) shares jumped in premarket trading on Friday, after the company reported its third-quarter results. The results came during an exciting earnings season. Here are some key analyst takeaways from the earnings release. BMO Capital Markets On UiPath Analyst Keith Bachman...
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Snowflake's Solid Q3 Driven By Strongest Consumption Activity In 2 Years: 9 Of 10 Analysts Raise Their Price Targets
Thursday, November 30, 2023 - 1:37pm | 1331Snowflake Inc (NYSE: SNOW) shares were climbing in early trading on Thursday after the company reported upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Oppenheimer On Snowflake Analyst Ittai Kidron...
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Splunk Reports Strong Quarter On Cybersecurity Demand: These 4 Analysts Deep Dive Into Q3 Print
Wednesday, November 29, 2023 - 1:29pm | 586Splunk Inc (NASDAQ: SPLK) shares were rising in early trading on Wednesday after the company reported upbeat third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities On Splunk Analyst Joel Fishbein...
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CrowdStrike Impresses With Solid Q3 Earnings, Analysts Remain Bullish Despite Tough Market
Wednesday, November 29, 2023 - 11:25am | 700Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) were climbing higher on Wednesday, after the company reported strong third quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Oppenheimer On CrowdStrike Analyst Ittai...
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Baidu's AI Chatbot Ernie 4 Is Off To A Good Start, Says Bullish Analyst
Wednesday, November 22, 2023 - 1:50pm | 306Shares of Baidu Inc (NASDAQ: BIDU) were climbing in early trading on Wednesday after the company reported strong third-quarter results. While the margins in Baidu’s cloud business are improving, the company started the monetization process of its Generative-AI chatbot, Ernie, according to...