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Why Did Snowflake Cut Margin Outlook After A Solid Q1? 11 Analysts Dive Deeper
Thursday, May 23, 2024 - 2:35pm | 1356Shares of Snowflake Inc (NYSE:SNOW) tanked in early trading on Thursday, after the company reported results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Matthew Hedberg reiterated an Outperform rating,...
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Lowe's Reports Gains Despite Tough Market Conditions: 8 Analysts Break Down Q1 Results
Wednesday, May 22, 2024 - 11:25am | 998Lowe’s Companies Inc (NYSE:LOW) Tuesday reported better-than-expected results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Lowe’s Companies Analyst Kate McShane reiterated a Buy rating, while raising the...
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Why Is Palo Alto Networks' Stock Tanking After Beat-And-Raise Quarter? 10 Analysts Weigh In On 'Positive Momentum'
Tuesday, May 21, 2024 - 12:21pm | 1267Shares of Palo Alto Networks Inc (NASDAQ:PANW) dipped in early trading on Tuesday, although the company reported upbeat revenues and earnings for its fiscal third quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Matthew...
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Occidental Petroleum Could Offer 'Minimal Shareholder Return': Analyst
Thursday, May 16, 2024 - 12:27pm | 348Shares of Occidental Petroleum Corp (NYSE:OXY) have been in focus due to the delay in the CrownRock deal. The Houston-based oil and gas company is likely to have "solid" production upside in the back half of the year, "driven by organic and external Permian activity as the company ramps activity,...
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Will Home Depot Continue To Weather Macro Challenges? 'Continued Softness In Discretionary Projects,' But 'Compelling Recovery Opportunity,' Say Analysts
Wednesday, May 15, 2024 - 12:55pm | 823Home Depot Inc (NYSE:HD) shares were climbing in early trading on Wednesday, despite the company reporting disappointing first-quarter sales. The results came amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Home Depot Analyst Scot Ciccarelli reiterated a...
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Alibaba Analysts Look For Signs Of Q4 Rebound: 'Cloud Business Could Record Double-Digit Growth In 2025'
Wednesday, May 15, 2024 - 11:39am | 436Shares of Alibaba Group Holding Ltd (NYSE:BABA) remained volatile in early trading on Wednesday, after the company reported results for its fiscal fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Mizuho Securities analyst James Lee maintained...
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Datadog's Strong Start To 2024: Analysts Optimistic About Ongoing Market Leadership, 'More/Faster Cloud Software Creation Is Better"
Wednesday, May 8, 2024 - 2:26pm | 627Morgan Stanley analyst Sanjit Singh reiterated an Overweight rating on Datadog, Inc (NASDAQ:DDOG) with a price target of $137. The analyst highlighted that in a challenging software environment in the first quarter, Datadog delivered a bona fide beat and a forward estimate raise. As a...
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Hims & Hers Health's Model 'Proving Effective': 2 Analysts Examine Q1 Earnings
Tuesday, May 7, 2024 - 12:57pm | 420Shares of Hims & Hers Health Inc (NYSE:HIMS) were climbing in early trading on Tuesday. The personal-care products company reported upbeat results for the first quarter. The results be reported amid an exciting earnings season. Here are some key analyst expectations. Piper Sandler analyst...
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Shopify Q1 Preview: Analysts Predict Strong Sales Growth
Tuesday, May 7, 2024 - 10:58am | 380Shares of Shopify Inc (NYSE:SHOP) were trading lower on Tuesday ahead of the company's first-quarter results, scheduled for May 8. Here are some key analyst expectations amid an exciting earnings season. Truist Securities On Shopify Analyst Terry Tillman maintained a Hold rating and price target of...
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Norwegian Cruise Line Guidance 'Falls Short Of High Expectations': 4 Analysts Dive Into Q1 Earnings
Thursday, May 2, 2024 - 12:41pm | 563Shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) continued to sink in early trading on Thursday, after the company reported its first-quarter results. Here are some key analyst takeaways from the release. Goldman Sachs analyst Lizzie Dove maintained a Neutral rating and price target of $19...
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Etsy Is 'Caught Between Maintaining Margins And Spurring Growth,' 6 Analysts Dive Into Q1 Results
Thursday, May 2, 2024 - 12:03pm | 777Shares of Etsy Inc (NASDAQ:ETSY) tanked in early trading on Thursday, after the company reported downbeat results for its first quarter. Here are some key analyst takeaways from the release. Goldman Sachs analyst Eric Sheridan maintained a Neutral rating, while reducing the price target from $80...
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Lockheed Martin Reports Q1 Earnings Beat, But Margin Concerns Remain: Analysts Dive Into Results, Outlook
Wednesday, April 24, 2024 - 2:53pm | 341Lockheed Martin Corp (NYSE:LMT) reported its first-quarter revenues and earnings ahead of expectations. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On Lockheed Martin Analyst Noah Poponak reiterated a Sell rating while...
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Sealed Air's Recent Stock Sell-Off Was Overdone, Says Bullish Analyst
Monday, April 8, 2024 - 12:28pm | 327Sealed Air Corp (NYSE: SEE) shares were climbing in early trading on Monday. The stock lost around 12% since March 28, versus a decline of about 1% in S&P 500, due to investor concerns around volume headwinds and competitive pressures, according to Truist Securities. The Sealed Air Analyst:...
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Intel Stock Dives As Chipmaker Changes Reporting Structure: Takeaways From 6 Analysts
Wednesday, April 3, 2024 - 12:19pm | 739Intel Corp (NASDAQ: INTC) shares were tanking in early trading on Wednesday, amid news of the company’s foundry business facing a $7 billion loss. BofA Securities On Intel Analyst Vivek Arya reiterated a Neutral rating and price target of $50. At its new reporting structure event, Intel...
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Texas Capital Bancshares Will Be Impacted By Fed's Rate Move, Says Analyst
Monday, April 1, 2024 - 12:06pm | 321Texas Capital Bancshares Inc (NASDAQ: TCBI) shares were down in early trading on Monday. The Federal Reserve is likely to cut its benchmark interest rates three times by 25 basis points (bps) each in 2024, beginning in June, and by three more times by 25bps in 2025, according to Truist...