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The Street Debates What To Do With Yelp Stock After Q4 Beat
Thursday, February 14, 2019 - 12:25pm | 649The crowdsourced review platform Yelp Inc (NYSE: YELP) reported Wednesday with fourth-quarter results that easily beat expectations and said it expects revenue to grow at a mid-teens compounded annual growth rate through 2023. Here's how Yelp analysts on the Street reacted to the...
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Groupon's Transition Year Keep Analysts On The Sidelines
Thursday, February 14, 2019 - 10:55am | 503Groupon Inc (NASDAQ: GRPN) stock took a hit this week after the company reported weaker-than-expected fourth-quarter earnings and guided for flat profit growth in 2019. Groupon reported EPS of 10 cents, 3 cents shy of consensus estimates. Revenues dropped for the 12th consecutive quarter, down 8...
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Analyst Takes Carvana For A Spin, Double Upgrades On Solid Float, Long-Term Opportunity
Thursday, May 10, 2018 - 1:52pm | 416Carvana Co (NYSE: CVNA) is up 160 percent year-over-year, and one seller is signing on for the continuing momentum. The Rating B. Riley FBR analyst Sameet Sinha upgraded Carvana from Sell to Buy and increased the price target from $20 to $38. The Thesis Sinha identified particular “...
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Salesforce Partners With Google: Everything You Should Know
Wednesday, November 8, 2017 - 4:32pm | 421The cloud segment saw a major shakeup this week after salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) confirmed a new partnership. As part of the agreement, Google's office software suite will be integrated into Salesforce's core platform, while Google...
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The Once-Mercurial Veritone Plummets After Q3 Miss, Stock Downgrade
Tuesday, November 7, 2017 - 4:50pm | 361Veritone Inc (NASDAQ: VERI) shares are sold off after it reported fiscal third-quarter results that missed expectations. Shares of the cloud-based artificial intelligence company have been highly volatile since its listing on May 12. The Analyst B Riley/FBR analyst Sameet Sinha issued this post-...
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Pandora Upgraded To Buy At B. Riley & Co. Amid Wall Street's Low Expectations
Monday, May 23, 2016 - 11:30am | 171B. Riley & Co.'s Sameet Sinha upgraded Pandora Media Inc (NYSE: P) from Neutral to Buy, while raising the price target to $15.00 from $10.00. "Expanding margins, favorable new Product economies should drive upside" do not reflect Pandora's low price, said Sinha. Pandora traded at 1.4x 2017...
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Alphabet Worth $930, Says B. Riley's Sinha And Stifel's Devitt
Tuesday, February 2, 2016 - 10:45am | 418Alphabet Inc (NASDAQ: GOOGL) shares have been heading north over the past six months, and are trading close to the high end of their 52-week range of $521.72 - $798.69. B. Riley's Sameet Sinha and Stifel's Scott W. Devitt both maintained Buy ratings for the company, while raising...
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B. Riley Is Selling Yelp
Thursday, January 14, 2016 - 3:17pm | 224Shares of Yelp Inc (NYSE: YELP) were trading down 2.58 percent on Thursday. B. Riley analyst Sameet Sinha downgraded Yelp to Sell from Neutral with a price target lowered from $21.00 to $15.00 based on 9x 2016 AEBITDA (13x previously). The analyst is lowering its 2016/2017 AEBITDA by 9 percent/...
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B. Riley Warns Yahoo Resets Could Lead To Year Of Negative Growth
Wednesday, October 21, 2015 - 8:54am | 300Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by nearly 2 percent during Wednesday's pre-market session following its third-quarter print. Sameet Sinha of B. Riley downgraded Yahoo to Neutral from Buy with a price target slashed to $35 from a previous $50. Sinha cited Yahoo...
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Pandora's Q3 Results Could Be Hurt By Apple Music, But Q2 Likely Unscathed
Tuesday, July 21, 2015 - 6:38am | 635Apple Music is not expected to have a big impact on Pandora Media Inc (NYSE: P) this quarter, but that could change in the coming months. "I think, from a revenue standpoint, the quarter should be fine," B. Riley & Co. analyst Sameet Sinha told Benzinga. "[It] should come in-...
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IRS Decision Could Overshadow Yahoo's Q2 Results
Friday, July 17, 2015 - 1:12pm | 586Investors might be too distracted to care how Yahoo! Inc. (NASDAQ: YHOO) performed during the second quarter. "It's always tough to get a good read on Yahoo because there's so many changes," B. Riley & Co. analyst Sameet Sinha told Benzinga. "Ultimately it comes down...
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Google Expected To Deliver Low Double-Digit Growth
Thursday, July 16, 2015 - 12:17pm | 378Shares of Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) are surging on Thursday, ahead of the announcement of the company’s second quarter financial results scheduled for after the market closes. According to Estimize, earnings are expected to come in up more than 11 percent year-over-year....
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Google's Q2 Expected To Be In-Line, Some Analysts Are Still Concerned
Wednesday, July 15, 2015 - 2:02pm | 392Investors have mixed expectations for Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), which will report its Q2 2015 results on Thursday after the close. "I think the revenues should come in-line, EPS a little ahead of consensus," B. Riley & Co. analyst Sameet Sinha told Benzinga....
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3 Reasons Microsoft Should Acquire Twitter
Thursday, June 18, 2015 - 7:21am | 648Twitter Inc (NYSE: TWTR) might end up receiving more media attention for its CEO shakeup and potential sale than it has for any new features introduced this year. The social media giant endured a tough quarter that appeared to set off a chain of events that may eventually lead to a merger....
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Should Apple Or Google Buy Twitter?
Wednesday, June 17, 2015 - 12:52pm | 483Twitter Inc (NYSE: TWTR) on Tuesday was rumored to be open to a buyout from Google Inc (NASDAQ: GOOG) or Facebook Inc (NASDAQ: FB). This isn't the first time Twitter was thought to be for sale, but will it be the last? "The issue with Twitter is, is it a mainstream product or not? I...