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These Analysts Love Tesla's Potential, But Balk At Its Valuation
Thursday, August 16, 2018 - 2:20pm | 474Tesla Inc (NASDAQ: TSLA) has been the talk of the town on Wall Street in recent weeks, and analysts are weighing in on Tesla and CEO Elon Musk’s controversial proposal to take the company private on a seemingly daily basis. Impressive Production Evercore ISI analyst George Galliers visited...
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Bernstein's Sacconaghi Breaks Down The 'Surprising Strength' Of Apple's Services
Tuesday, May 15, 2018 - 10:53am | 447Apple Inc. (NASDAQ: AAPL)'s second-quarter earnings report signaled its Services business remains strong and adjusted for one-time factors grew 27 percent versus 23 percent, 25 percent, and 24 percent in the prior three quarters, according to Bernstein. The Analyst Bernstein's Toni...
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Wall Street Weighs In On Apple's Huge Quarter
Wednesday, May 2, 2018 - 1:50pm | 688Apple Inc. (NASDAQ: AAPL) shares were up more than 4.5 percent after the company released a much better-than-feared fiscal second-quarter earnings report on Tuesday. The stock was trading around $176.79 Wednesday afternoon. Most major Wall Street firms weighed in on Apple following the big report...
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What To Expect From Apple's Q2 Earnings
Monday, April 30, 2018 - 4:24pm | 752Apple Inc. (NASDAQ: AAPL) is scheduled to report its second-quarter earnings Tuesday afternoon. Consensus estimates call for earnings of $2.69 per share on revenue of $60.9 billion. Here is a summary of what some of the Street's top Apple analysts are saying ahead of the print. The Analysts...
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A Model 3 Miss, Capital Questions And Factory Shutdowns: What Wall Street Says About Tesla's Q1 Deliveries
Wednesday, April 4, 2018 - 3:58pm | 960Despite missing Street delivery estimates and exceeding production expectations, Tesla Inc (NASDAQ: TSLA) reiterated annual guidance on Model S and X deliveries and a second-quarter production target of 5,000 Model 3s per week. Not only that, but Tesla said it could achieve its goals without a...
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Bernstein: 'Uncertainties Loom Ahead' For Tesla Following Q1 Delivery Report
Wednesday, April 4, 2018 - 11:44am | 368On Tuesday, Tesla Inc (NASDAQ: TSLA) confidently outlined its 2018 objectives and its ability to achieve them without debt or equity raises. But Bernstein sees too many uncertainties to be convinced. The Rating Analyst Toni Sacconaghi Jr. maintained a Market-Perform rating on Tesla with a $265...
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Bernstein's Sacconaghi Tries To Answer Why iPhone Growth Remains 'Stagnant'
Monday, March 12, 2018 - 8:51am | 405Apple Inc. (NASDAQ: AAPL)'s management team said during its fiscal first quarter conference call that its total installed base of Apple devices stands at 1.3 billion, which marks an uptick of 30 percent from two years ago. Yet at the same time, consensus estimates are calling for iPhone...
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Apple Music: How Does It Compare To Spotify?
Tuesday, February 27, 2018 - 5:24pm | 581Apple Inc (NASDAQ: AAPL)'s Services category is a key growth driver for the company, with the segment seeing 24-percent revenue growth in fiscal 2017. Apple Music remains a core component of Apple’s Services, growing 91 percent year-over-year to $2 billion in revenue last year despite...
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How To Trade The Apple Supply Chain, According To Bernstein
Tuesday, February 27, 2018 - 12:02pm | 455The big Apple Inc. (NASDAQ: AAPL) makes big ripples when it drops a new product in the market — and those in the company's inner circle see big returns. But one research firm said the Apple earnings effect will soon be more discrete and more discriminate, with few winners....
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Wall Street Analysts Reflect On Tesla's Q4 Earnings
Thursday, February 8, 2018 - 2:58pm | 953Tesla Inc (NASDAQ: TSLA) posted marginal top- and bottom-line beats in its Wednesday earnings report, and traders retreated Thursday with a 5-percent pullback. Analysts reflected on the quarter with similar ambivalence. The Cash Situation Nomura analyst Romit Shah considered the report decidedly...
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Bernstein: Tesla's Q4 Full OF 'Some Puts, Some Takes'
Thursday, February 8, 2018 - 9:30am | 469Tesla Inc (NASDAQ: TSLA)'s narrower-than-expected loss in the fourth quarter and slight revenue beat doesn't tell the whole story of the quarter as digging beyond the headline numbers shows "some puts, some takes," according to one of Wall Street's most notable analysts. The...
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Wall Street Weighs In On Apple's Mixed Quarter
Friday, February 2, 2018 - 1:56pm | 516Apple Inc. (NASDAQ: AAPL) shares were down 2.7 percent Friday after the company’s first-quarter earnings report received mixed reviews from the market. A number of Wall Street analysts weighed in following the report. Voices From The Street Bank of America analyst Wamsi Mohan said Apple...
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Bernstein's Toni Sacconaghi Steps To The Sidelines On Apple, Sees Minimal Upside Ahead
Friday, February 2, 2018 - 11:12am | 439Apple Inc. (NASDAQ: AAPL)'s fiscal first quarter earnings report prompted one of the Street's most notable Apple analysts to part ways with his bullish stance. The Analyst Bernstein's Toni Sacconaghi downgraded Apple's stock from Outperform to Market Perform with a price...
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Bernstein ID's Apple Suppliers That Track iPhone Revenue Trends
Wednesday, January 24, 2018 - 1:39pm | 687Apple Inc. (NASDAQ: AAPL) shares have been trending sideways after an initial spike following the launch of the newest iPhone models in mid-September 2017. Given mixed views concerning the newest phones' ramp, Bernstein looked at data points from the Apple supply chain and their...
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Analyst: Buy Shares Of HP Enterprise On Any Weakness
Wednesday, November 22, 2017 - 6:19pm | 451Hewlett Packard Enterprise Co (NYSE: HPE) shares suffered a sharp drop after a fourth quarter earning and sales beat. The company issued guidance that was below first quarter estimates and announced that CEO Meg Whitman would be stepping down Feb. 1. The Analyst Bernstein’s Toni...