Steven Cahall

Streaming giant Netflix Inc (NASDAQ: NFLX) is set to report second-quarter financial results after market close Wednesday, July 19. Here’s a look at what analysts expect from the company that was just nominated for 103 Emmy Awards. Earnings Estimates: For the second quarter, Netflix is...

Spotify Technology SA (NYSE: SPOT) shares are trading higher Monday following a pair of analyst upgrades from Wells Fargo and Atlantic Equities. Atlantic Equities analyst Hamilton Faber upgraded Spotify from Neutral to Overweight and announced a $160 price target. Wells Fargo...

A Walt Disney Company (NYSE: DIS) analyst is calling for a spinoff many have suggested for the media giant over the years. While previous CEO Bob Chapek was against spinning off ESPN and ABC, the analyst sees newly appointed CEO Bob Iger as being in favor of the change. What Happened: Disney...

Netflix Inc (NASDAQ: NFLX) shares jumped 5.5% on Friday after the stock landed a major Wall Street upgrade. The Analyst: Wells Fargo analyst Steven Cahall upgraded Netflix from Equal Weight to Overweight and raised his price target from $300 to $400. The Thesis: In the upgrade note, Cahall said...

Shares of Comcast Corporation (NASDAQ: CMCSA) have lost close to 30% year to date. The adverse impact on Cable seems to have played out, according to Wells Fargo. The Comcast Analyst: Steven Cahall, a "long-time bear" on CMCSA, upgraded the rating for Comcast from Underweight to...

While Paramount Global’s (NASDAQ: PARA) stock trades at a premium multiple, the DTC (direct-to-consumer) environment remains uncertain, according to Wells Fargo. The Paramount Global Analyst: Steven Cahall downgraded the rating for Paramount Global from Equal-Weight to Underweight, while...

The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS) reported third-quarter financial results. Here’s what analysts were saying after the report....

Netflix, Inc. (NASDAQ: NFLX) shares gained 7.1% on Wednesday after the company reported better-than-expected subscriber losses in the second quarter and detailed plans to launch a new, low-cost, ad-supported subscription tier. On Tuesday, Netflix reported second-quarter adjusted EPS of $3.20,...

Netflix, Inc. (NASDAQ: NFLX) rallied Wednesday following a second-quarter earnings beat, but at least two Wall Street analysts say the stock is headed much higher. The Netflix Analyst: BMO Capital Markets analyst Daniel Salmon reiterated an Outperform rating and $365 price target for...

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...

Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business. On Wednesday, Disney reported fiscal second-quarter adjusted EPS of $1.08 on revenue of $19.25...

Netflix Inc (NASDAQ: NFLX) shares traded lower Wednesday after the company reported a third-quarter earnings beat. Netflix reported third-quarter adjusted EPS of $3.19, beating consensus analyst estimates of $2.56. Third-quarter revenue was $7.48 billion, up 16.3% from a year ago and in-line with...

Walt Disney Co (NYSE: DIS) reported third-quarter earnings and analysts have shared their thoughts and updated guidance. The Disney Analysts: Morgan Stanley analyst Benjamin Swinburne reiterates an Overweight rating and $210 price target. Wells Fargo analyst Steven Cahall has an Overweight rating...

Fox Corporation (NASDAQ: FOXA) shares were gaining ground Wednesday after an analyst at Wells Fargo Securities upgraded the stock.  The Fox Analyst: Analyst Steven Cahall upgraded Fox from Equal-Weight to Overweight and lifted the price target from $42 to $47. The Fox Takeaways: Fox is...

Comcast Corporation (NASDAQ: CMCSA) is composed of a "collection of good businesses" but management has to take action to unlock value before investors can buy the stock, according to Wells Fargo. The Comcast Analyst: Steven Cahall initiated coverage of Comcast's stock with an...