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Nvidia And Other High-Flying AI Stocks Face Risk Of Falling Off A Cliff Over The Next Year? Tech Strategist Flags 'Not-So-Hidden' Costs That Market Is Not Factoring In
Tuesday, August 13, 2024 - 4:57am | 744Tech companies at the forefront of the artificial intelligence revolution are facing a looming risk, which in turn could drag these stocks, according to an analyst. Hidden But Not So Hidden Costs: As AI companies are striving to justify their massive investments in GPU chips, they could be stymied...
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11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
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EBay "Thesis Not Changing" Analysts Say After Strong Guidance, Mixed Earnings
Thursday, August 4, 2022 - 4:47pm | 596Analysts are sizing up the second-quarter financial report from marketplace and auction company eBay Inc (NASDAQ: EBAY), which reported results Wednesday after market close. The eBay Analysts: Needham analyst Anna Andreeva had a Hold rating and no price target. JMP Securities analyst Nicholas...
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Facebook Analysts Break Down Q3 Earnings: 'Big Investments For A Big Vision'
Tuesday, October 26, 2021 - 12:19pm | 817Facebook, Inc. (NASDAQ: FB) shares were retreating Tuesday after the social media giant reported yet another quarter of huge profits and impressive growth. On Thursday, Facebook reported third-quarter adjusted EPS of $3.22 beating consensus analyst estimates of $3.19. Revenue of $29.01 billion...
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Why 6 DoorDash Analysts Are Raising Price Targets After Q2 Earnings
Friday, August 13, 2021 - 3:27pm | 822Analysts share their reactions and new price targets on shares of DoorDash Inc (NYSE: DASH), which reported second-quarter earnings Thursday after market close. The DoorDash Analysts: Barclays analyst Ross Sandler had an Equal Weight rating and raised the price target from $160 to $183....
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Snap Sells Off As Losses Grow, But These Analysts Would Buy The Dip
Wednesday, July 22, 2020 - 11:25am | 705Snap 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...
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Analysts: Amazon Is More Than The Truck That Brings Gifts
Friday, December 6, 2019 - 3:40pm | 552Around the holidays Amazon.com Inc. (NASDAQ: AMZN) is probably best known for being one of Santa's biggest helpers, delivering presents to homes at a furious pace. But as the company rolls out several new Amazon Web Services products and new innovations in machine learning, and its Amazon...
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After 'Sluggish' Q4 Print From eBay, Sell-Side More Focused On 'The Elephant In The Room'
Wednesday, January 30, 2019 - 1:34pm | 764E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...
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Analysts Stay Neutral On Stitch Fix, Investors Pullback After Q1 Print
Tuesday, December 11, 2018 - 12:11pm | 583Apparel subscription service Stitch Fix Inc. (NASDAQ: SFIX) reported above-consensus fiscal first-quarter results Monday that were at the high end of the company's guidance. Notably, revenue increased 24 percent year-over-year to $336 million and active clients grew 22.3 percent...
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Twitter Flies After Q3 Earnings; Analysts Weigh In On What To Do With The Stock
Friday, October 26, 2018 - 3:42pm | 779Twitter Inc (NYSE: TWTR) reported Thursday a top-and-bottom-line beat in its third-quarter results, but certain user metrics fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Goldman Sachs' Heath Terry maintains a Buy...
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Spotify Is The Streaming Music Leader, Barclays Says In Bullish Initiation
Tuesday, June 26, 2018 - 11:16am | 398Spotify Technology SA (NYSE: SPOT)'s status as a best-in-class streaming music provider with a superior user experience is one of many reasons why investors can expect the stock to continue to gain value, according to Barclays. The Analyst Barclays' Ross Sandler initiated coverage of...
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The Pros And Cons Of Stitch Fix, According To Barclays
Tuesday, December 12, 2017 - 5:44pm | 493Stitch Fix Inc (NASDAQ: SFIX), an online personalized styling service company, saw its shares close a hair above the IPO price of $15 on its Nov. 17 Nasdaq debut. The stock has since settled higher in the $23 range. The Analyst Barclays' Ross Sandler initiated coverage of Stitch...
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5 Reasons To Start Buying Snap's Stock, According To Barclays
Tuesday, December 5, 2017 - 11:23am | 437One analyst feels the time is ripe to begin accumulating shares of Snap Inc (NYSE: SNAP), the parent of ephemeral video and photo sharing application Snapchat. The prognostication of an inflection point has gone down well with investors. The Analyst Barclays analyst Ross Sandler upgraded ...
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The Pros, Cons Of Blue Apron After Its Post-IPO Plunge
Friday, November 3, 2017 - 4:31pm | 516Blue Apron Holdings Inc (NYSE: APRN) shares never really took off after a much-publicized late June IPO. The stock ended Thursday's session at $3.80, down 62 percent from the $10 Blue Apron closed with on its debut date. Blue Apron reported third-quarter results before the open Thursday....
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Oh, Snap! Sell-Side Sentiment Thuds As Q2 Earnings Disappoint, Stock Plummets
Friday, August 11, 2017 - 12:36pm | 553Snap Inc (NYSE: SNAP) shared plummeted 11 percent Friday to new all-time lows following a disappointing Q2 earnings report. A number of Wall Street analysts weighed in on Snap on Friday. Here’s a rundown of what they had to say. Voices From The Street UBS analyst Eric Sheridan said another...