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Will Nvidia's Rally Continue After 'Solid' Q4 Print? 6 Analysts Take A Closer Look
Thursday, February 23, 2023 - 12:18pm | 599Shares of Nvidia Corporation (NASDAQ: NVDA) jumped in Thursday’s premarket session, after the company reported quarterly earnings. KeyBanc Capital Markets analyst John Vinh reaffirmed an Outperform rating and price target of $280. Rosenblatt analyst Hans Mosesmann maintained a Buy rating and...
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DraftKings 3.0: Analysts Raise Price Targets After Q4 Beat, Focus On Profitability
Friday, February 17, 2023 - 11:39am | 771Sports betting giant DraftKings Inc (NASDAQ: DKNG) beat revenue estimates in the fourth quarter and raised its 2023 guidance. Here's what analysts have to say about the report and the company's path forward. JMP Securities analyst Jordan Bender has a Market Outperform rating and a price...
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6 Uber Analysts On Q4 Earnings: 'Unprecedentedly Clean'
Thursday, February 9, 2023 - 12:17pm | 893Uber Technologies Inc (NYSE: UBER) delivered strong fourth-quarter results on Wednesday, topping expectations for both rideshare and delivery bookings, as well as EBITDA. Analysts from Morgan Stanley, Needham and others remain positive about the company, praising its improvement in market share,...
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FedEx Revenue Below 'Flattish' Expectations: 6 Analysts Dissect Earnings Miss
Wednesday, December 21, 2022 - 1:02pm | 572FedEx Corporation (NYSE: FDX) shares rose sharply after the company reported its fiscal second quarter adjusted earnings ahead of the consensus estimates, despite a revenue miss. Here are the analyst ratings: Oppenheimer analyst Scott Schneeberger maintained a Perform rating for the stock....
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Why This Corning Analyst Is Turning Bullish
Friday, January 28, 2022 - 11:29am | 202The consensus estimates for Corning Incorporated’s (NYSE: GLW) earnings in 2022 have been “de-risked from TV weakness,” which began materializing in mid-2021, since panel prices are likely to bottom by mid-2022 and TV unit shipments are likely to benefit from easier compares in...
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What Did Susquehanna Financial Like About First Solar To Upgrade Stock?
Monday, August 2, 2021 - 12:04pm | 258First Solar, Inc. (NASDAQ: FSLR) seems to be witnessing improving demand and pricing power for its thin-film panels, according to Susquehanna Financial Group. The First Solar Analyst: Biju Perincheril upgraded the rating for First Solar from Neutral to Positive, while raising the price target from...
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5 Key Facts From Robinhood's S1: Citadel Revenue, Customers, Dogecoin And More
Thursday, July 1, 2021 - 3:28pm | 441Robinhood filed its S1 on Thursday, which breaks down how much revenue it has, how much cryptocurrency it's hodling and how big of an impact market makers play into its financial performance. Financials: Robinhood had revenue of $959 million in fiscal 2020, up 245% year-over-year. Net income...
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Why This Analyst Is Bullish On Lumentum And AMD
Monday, April 12, 2021 - 6:36pm | 299On CNBC's "Power Lunch" Monday, Susquehanna Financial Group semiconductor analyst Christopher Rolland said he is generally more neutral on the semiconductor sector given the supply issues, but there are two names in particular that he would "highlight." Lumentum Holdings Inc...
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Rocket Companies Jumps After Pre-Announcing 437% Revenue Growth
Friday, August 14, 2020 - 9:40am | 448Rocket Companies Inc (NYSE: RKT) shares gained as much as 10% on Friday morning after the company reported preliminary earnings numbers for the second quarter. The Numbers: Rocket Companies reported $3.5 billion in net income compared to a $54 million net loss in the same quarter a year ago....
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Analyst Says Rocket Companies' $18 IPO Price Is Fair For Now
Thursday, August 13, 2020 - 12:36pm | 451Rocket Companies Inc (NYSE: RKT) shares initially spiked from the $18 IPO price to as high as $26.86 last week, but the stock has since come back down to within $1 of that IPO price. One analyst said Thursday the stock is now back where it belongs. The Rocket Analyst: Susquehanna analyst Jack...
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The Tesla Shareholders Who Benefit The Most From The Q2 Delivery Beat
Monday, July 6, 2020 - 7:46am | 437After announcing many more second-quarter vehicle deliveries than Wall Street expected, Tesla stock set new records, closing above $1,200 for the first time. While this is great news for the company, stock holders also benefit greatly from Tesla's success. The following are some of...
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Susquehanna Upgrades Mellanox Technologies Ahead Of Chinese Decision On Nvidia Deal
Tuesday, February 18, 2020 - 12:12pm | 360The blockbuster acquisition of Israeli networking company Mellanox Technologies, Ltd. (NASDAQ: MLNX) for $6.8 billion by U.S. chipmaker Nvidia Corp (NASDAQ: NVDA) has already gained approval by the European Union. Although there is low visibility into China’s regulatory approval process, the...
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Susquehanna Nearly Doubles Micron Price Target: 'Industry Dynamics Are Improving'
Monday, December 16, 2019 - 1:48pm | 389Micron Technology, Inc. (NASDAQ: MU) stock has surged 55% through 2019. While performance may stall in 2020, one analyst anticipates a strong swell in 2021. The Analyst Susquehanna Financial Group analyst Mehdi Hosseini upgraded Micron from Neutral to Positive and nearly doubled...
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Wedbush Defends Foot Locker's Q2, Susquehanna Downgrades Stock
Monday, August 26, 2019 - 3:41pm | 438Foot Locker, Inc. (NYSE: FL) reported Friday second-quarter results highlighted by a notable comp miss but the bullish case for the stock can still be made, according to Wedbush. Making The Case Foot Locker's EPS and margins were mostly in-line with expectations in the second quarter but a 0.8...
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Pro: 3 Factors Driving Bitcoin Higher
Thursday, May 30, 2019 - 12:24pm | 412Digital currency Bitcoin continues to flirt with the $9,000 mark and has nearly tripled in value since late 2018. Three factors are mostly responsible for the surge in value, according to Bart Smith, Susquehanna's head of digital assets. 3 Factors Multiple factors are at play that...