Needham

The wait for a turnaround in Nike Inc's (NYSE:NKE) business is not over, as analysts expect trends to remain challenging in the near term. The Nike Analyst: Analyst Tom Nikic maintained a Buy rating, while reducing the price target from $75 to $66. The Nike Thesis: While there is modest upside to...

Roku Inc (NASDAQ:ROKU) has inked a strategic partnership with Amazon.com Inc (NASDAQ: AMZN). The success of the partnership increases the probability of Amazon acquiring Roku at the end of its exclusivity period, according to Needham. The Roku Analyst: Analyst Laura Martin maintained a Buy rating...

IonQ Inc. (NASDAQ:IONQ) is solidifying its stronghold in the quantum computing space as a recent sector endorsement by Jensen Huang, partnership with Nvidia Corp. (NASDAQ:NVDA), and the acquisition of Oxford Ionics have drawn investor attention to the company. What Happened: Its recent definitive...

An Apple Inc (NASDAQ:AAPL) analyst says the company's WWDC event was disappointing and featured a lack of surprises and new information. The AAPL Analyst: Needham analyst Laura Martin reiterated a Hold rating on Apple with no price target. The new note comes shortly after Martin downgraded Apple...

With this week comes the official close of first-quarter earnings season in Needham analyst Mike Cikos‘ coverage, in which Cognyte Software (NASDAQ:CGNT) and GitLab Inc (NASDAQ:GTLB) are the final two companies reporting. Cikos maintained Buy on GitLab with a price target of $85 and noted...

While Axos Financial Inc's (NYSE:AX) loan growth is likely to remain "impressive," the company's advisor services segment "is adding another leg to the growth story," according to Needham. The Analyst: Analyst Kyle Peterson maintained a Buy rating and price target of $88. The Thesis: Axos Advisor...

Wall Street analysts responded to Ciena Corp.’s (NYSE:CIEN) second-quarter financial results on Thursday. Ciena reported a quarterly revenue growth of 23.6% to $1.13 billion, beating the analyst consensus estimate of $1.09 billion. The American telecommunications networking...

Shares of Lululemon Athletica Inc. (NASDAQ:LULU) were trading sharply lower on Friday despite the company’s upbeat first-quarter results on Thursday. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Lululemon Athletica Analyst...

Shares of Trade Desk Inc (NASDAQ:TTD) moved sharply lower on Thursday on news of it losing share to Amazon.com Inc's (NASDAQ:AMZN) demand-side platform (DSP), Since Trade Desk is a pure-play DSP, it has "several structural advantages" compared to Amazon's platform, according to Needham. The Trade...

Shares of DocuSign Inc (NASDAQ:DOCU) tanked in early trading on Friday, despite the company reporting healthy fiscal first-quarter results. The company's billings missed the guidance, following several quarters of "material outperformance," while the full-year guidance was lowered by 50 basis...

Shares of MongoDB Inc (NASDAQ:MDB) rallied in early trading on Thursday after the company reported upbeat fiscal first-quarter results. At last check, the stock price was up over 12.8%. Here are some key analyst takeaways: Guggenheim Securities analyst Howard Ma maintained a Buy rating, while...

An Apple Inc. (NASDAQ:AAPL) analyst is moving to the sidelines with a downgrade on the stock, which has multiple headwinds, including competition, valuation, and earnings at risk from tariffs. The Apple Analyst: Needham analyst Laura Martin downgrades Apple stock from Buy to Hold and withdraws a...

Shares of CrowdStrike Holdings Inc. (NASDAQ:CRWD) were trading lower on Wednesday after the company reported disappointing quarterly results on Tuesday. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On CrowdStrike Analyst Tal Liani...

Zscaler Inc (NASDAQ:ZS) shares rallied in early trading on Friday, after the company on Thursday reported upbeat results for its fiscal third quarter. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Zscaler Analyst Rob Owens downgraded...

NVIDIA Corporation (NASDAQ:NVDA) analysts break down the impact of China export restrictions and what it means for the tech giant after the company reported first-quarter financial results and shared the lost revenue opportunity for China. The NVDA Analysts: Rosenblatt analyst Kevin Cassidy...