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Tesla Robotaxi Day Preview: Move Over Autonomous Vehicles, Analyst Says This 'Positive Catalyst' Could Be More Important
Monday, October 7, 2024 - 1:07pm | 654The highly anticipated Tesla Robotaxi Day from Tesla Inc (NASDAQ:TSLA) on Oct. 10 will likely see the unveiling of robotaxis and demos, but analysts think that several other unannounced items could be bigger catalysts for the stock. The Tesla Analysts: Cantor Fitzgerald analyst Andres Sheppard...
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Nike Stock Takes Hit After Q1 Earnings: Analysts Expect Comeback To Take Time With 'Uncertain Path'
Wednesday, October 2, 2024 - 11:29am | 902Nike Inc's (NYSE:NKE) first-quarter financial results showed that a turnaround by incoming CEO Elliot Hill could take longer than expected and come with increasing challenges, according to analysts. The Nike Analysts: RBC Capital analyst Piral Dadhania maintained a Sector Perform rating and...
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Carnival Posts Strong Q3 Earnings, Analysts Suspect 'Some Conservatism Built Into Q4 Guidance'
Tuesday, October 1, 2024 - 11:30am | 655Shares of Carnival Corp (NYSE:CCL) tanked in early trading on Tuesday, even after the company reported upbeat third-quarter earnings. The Miami-based company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities analyst Patrick Scholes...
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Nike Q1 Earnings Preview: China, North America In Focus, Analyst Says 'Not Much To Get Excited About Yet' With CEO Change
Monday, September 30, 2024 - 5:45pm | 758Apparel company Nike Inc (NYSE:NKE) will report first-quarter financial results Tuesday on the heels of recently naming a new CEO. Shares could be volatile after the earnings report. Earnings Estimates: Analysts expect the company to report first-quarter revenue of $11.64 billion, down from $12.94...
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Stifel Warns Of 12% Market Drop By End Of 2024 As S&P 500 Faces High Valuations And Speculative Risks
Monday, September 23, 2024 - 3:27am | 544Stifel foresees a significant market downturn by the end of 2024. Chief equity strategist Barry Bannister warned the S&P 500 could fall by 12% in the fourth quarter. What Happened: Bannister highlighted various concerns, including high valuations and speculative investor behavior. “Our...
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Nike CEO Announcement 'Icing On The Cake' For Bulls: 8 Analysts React To Elliot Hill's Ascension
Friday, September 20, 2024 - 2:54pm | 1141The announcement that Nike Inc (NYSE:NKE) is bringing in Elliot Hill as the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company’s strategy for a turnaround and plans to return to revenue growth. The Nike Analysts: Piper...
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FedEx Posts Downbeat Q1 Earnings, Cuts Guidance: Why Analysts See More Downside Ahead
Friday, September 20, 2024 - 11:11am | 675Shares of FedEx Corp (NYSE:FDX) tanked climbing in early trading on Friday, after the company reported downbeat results for its fiscal first quarter. Here are some key analyst takeaways. BMO Capital Markets analyst Fadi Chamoun reiterated a Market Perform rating, while reducing the price target...
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Oracle Analysts Focus On AI-Driven Bookings Strength, Expect Revenue Acceleration To Continue
Tuesday, September 10, 2024 - 10:54am | 882Shares of Oracle Corp (NYSE:ORCL) climbed in early trading on Tuesday, after the company reported upbeat fiscal first-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities analyst Patrick Walravens upgraded the...
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Hewlett Packard Enterprise's Q3 Gross Margins May Fuel Investor Concern, But Here's What Analysts Are Focusing On
Thursday, September 5, 2024 - 12:23pm | 447Hewlett Packard Enterprise Co (NYSE:HPE) shares tanked in early trading on Thursday, after the company reported its fiscal third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Stifel On Hewlett Packard Enterprise Analyst...
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ChargePoint Q2, Guidance Miss Expectations, Analysts Say: 15% Layoffs Could 'Create Efficiencies'
Thursday, September 5, 2024 - 12:06pm | 725ChargePoint Holdings Inc (NYSE:CHPT) shares tanked in early trading on Thursday, after the company reported downbeat second-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On ChargePoint Holdings Analyst...
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Zscaler Delivers Upbeat Q4 Guidance: 7 Analysts Cut Forecasts On 'Incremental Risk'
Wednesday, September 4, 2024 - 12:12pm | 1648Shares of Zscaler Inc (NASDAQ:ZS) tanked in early trading on Wednesday, even after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Gabriela Borges maintained a...
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Ulta Beauty Misses Q2: Loses Market Share, Inventories Continue To Grow, Says Analysts
Friday, August 30, 2024 - 12:27pm | 831Ulta Beauty Inc (NASDAQ:ULTA) shares are down on Friday, after the company reported a second-quarter earnings miss. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Ulta Beauty Analyst Kate McShane maintained a Neutral rating...
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Marvell Technology Posts First Beat-And-Raise In 5 Quarters: Analysts Focus On 'Solid AI Story'
Friday, August 30, 2024 - 11:36am | 883Marvell Technology Inc (NASDAQ:MRVL) shares climbed in early trading on Friday, after the company reported upbeat second-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Marvell Technology Analyst Toshiya Hari...
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Okta Posts Strong Q2 Upside, But Some Analysts Cut Forecasts: 'Not Firing On All Cylinders'
Thursday, August 29, 2024 - 12:00pm | 1127Shares of Okta Inc (NASDAQ:OKTA) tanked in early trading on Thursday, even after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. DA Davidson analyst Rudy Kessinger reaffirmed a Neutral...
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Salesforce Beats Q2 Earnings, 6 Analysts Raise Forecasts For This 'Under-Appreciated AI Winner'
Thursday, August 29, 2024 - 10:42am | 1099Shares of Salesforce Inc (NYSE:CRM) climbed in early trading on Thursday before sliding on the heels of an upbeat second-quarter financial report. Here are some key analyst takeaways. Check out other analyst stock ratings. Goldman Sachs analyst Kash Rangan maintained a Buy rating, while lifting the...