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GrubHub Ditches Uber For Europe's Just Eat: What The Street Thinks
Thursday, June 11, 2020 - 11:15am | 769Food delivery company GrubHub Inc (NYSE: GRUB) agreed to sell itself to Europe's JUST EAT TAKEAW/ADR (OTC: TKAYY) Wednesday in an all-stock transaction for $75.15 per GrubHub share. The announcement follows reports that Uber Technologies Inc (NYSE: UBER) was looking to buy GrubHub for around $...
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Amazon Analysts React To Q1 Earnings: Stock Sell-Off Is Short-Sighted
Friday, May 1, 2020 - 11:55am | 1036Amazon.com, Inc. (NASDAQ: AMZN) shares traded lower by more than 7% on Friday after the company missed first-quarter earnings estimates and said it plans to spend $4 billion in the second quarter combatting the coronavirus (COVID-19). Amazon reported first-quarter EPS of $5.01, short of consensus...
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Snap's Stock Rips Higher By 30%: Here's What The Street Thinks
Wednesday, April 22, 2020 - 2:30pm | 677Snap Inc (NYSE: SNAP) reported better-than-expected first-quarter results, highlighted by a 44% year-over-year increase in revenue and a 20% growth in daily active users. Here is a summary of how some of the Street's top analysts reacted to the print. The Snap Analysts Credit Suisse...
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Analysts In Wait-And-See Mode On Groupon After Business Shift, Weak Q4 Earnings
Thursday, February 20, 2020 - 12:25pm | 546After a disappointing fourth quarter and a decision by Groupon Inc (NASDAQ: GRPN) to give up on its "Groupon Goods" online merchandise sales business, sell-side analysts dropped price expectations on the stock and issued reminders about ongoing headwinds for the Chicago-based marketplace...
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Facebook's Strong Quarter, Outlook Have Sell-Side Hitting Like On The Stock
Thursday, October 31, 2019 - 12:45pm | 664Facebook Inc. (NASDAQ: FB) was a pleasant surprise to analysts with third quarter ad revenue growth up 31% year over year to beat Street estimates by nearly 2%, with operating income about 13% above the consensus forecast. Both daily and monthly active users of the platform continued to increase,...
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Lyft Scores Upgrade, Analyst Praise After Strong Q3
Thursday, October 31, 2019 - 12:28pm | 1003LYFT Inc (NASDAQ: LYFT) reported a significant third-quarter sales beat Wednesday that was driven by 28% growth in active riders and 27% growth in revenue per active rider. Contribution margins improved by 500 basis points, and earnings before interest, tax, depreciation and amortization were...
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Street Debates Whether Investors Should Buy eBay's Stock After Mixed Quarter
Thursday, October 24, 2019 - 3:19pm | 697eBay Inc (NASDAQ: EBAY) reported mixed third-quarter results Wednesday, while the e-commerce site's fourth-quarter revenue outlook gave a disappointing preview of the important holiday season. Q3 Positives, Negatives The company reported a revenue and EPS beat, but underlying unit...
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Analysts Like Activision Blizzard's 2019 Performance, 2020 Gameplan
Friday, August 9, 2019 - 2:16pm | 574Analysts were pleased with Activision Blizzard, Inc. (NASDAQ: ATVI)’s second-quarter earnings beat and largely unphased by lower projections for third-quarter revenue, continuing to see the video game maker’s 2019 as a rebuilding and investment year ahead of a more exciting future....
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Analysts Check In On Yelp's Q2
Friday, August 9, 2019 - 1:04pm | 536Yelp Inc (NYSE: YELP) reported second-quarter results highlighted by a solid EBITDA beat on higher sales. Here is a summary of what one bull, bear and neutral analyst said after the earnings report. The Analysts Oppenheimer's Jed Kelly maintains a Perform rating on Yelp with no price target....
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Lyft's Quarter Shows Ride-Sharing Market Strength, May Be Good Sign For Uber
Thursday, August 8, 2019 - 12:40pm | 818Lyft Inc.'s (NASDAQ: LYFT) strong quarter and acceleration toward profitability shows the overall ride-sharing market is rolling along nicely in the United States, which may bode well for Uber Technologies Inc (NYSE: UBER), sell-side analysts said. Lyft’s results in just its second...
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Wayfair Shares Drop On Q1 Loss, Higher Costs; Analysts Debate Company's Spending
Friday, May 3, 2019 - 2:50pm | 577Wayfair Inc (NYSE: W) shares continued to fall Friday after reporting a bigger-than-expected first-quarter loss. Sell-side analysts remain mostly cautious on the still-unprofitable e-commerce company, saying heavy spending is a near-term headwind, though several still like the company in...
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'Candy Crush' Boosts Activision Blizzard, But The Market's Not Playing Along
Friday, May 3, 2019 - 1:05pm | 779Perhaps downtime and boredom are increasing: lots of people were playing "Candy Crush" on their phones in recent months. That’s good for the game’s maker, Activision Blizzard, Inc. (NASDAQ: ATVI), which otherwise has had a rough start to the year, including a major layoff...
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Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
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Credit Suisse Bullish On Lyft: 'One Of The Most Attractive Return Profiles In Our Coverage Universe'
Tuesday, April 23, 2019 - 11:59am | 398LYFT Inc. (NASDAQ: LYFT) shares have dropped in price since the ride-hailing company's IPO, making the stock one of the most attractive on the market, Credit Suisse said in a bullish initiation Tuesday. The Analyst Credit Suisse analyst Stephen Ju initiated coverage of Lyft with an...
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Analysts Watching LendingClub's Slowing Growth
Wednesday, February 20, 2019 - 3:42pm | 396LendingClub Corp (NYSE: LC) shares tanked Wednesday despite reporting a 16-percent increase in fourth-quarter revenue. LendingClub reported an adjusted loss per share of 1 cent on the quarter, up from a 3-cent loss in the same quarter a year ago. The company guided for fiscal 2019 net revenue of...