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With SVB Financial Group On Life Support, Analysts Downgrade Stock: 'Too Much Uncertainty'
Friday, March 10, 2023 - 11:43am | 632Read More...Shares of banking company SVB Financial Group (NASDAQ: SIVB) fell 60% on Thursday over news of an offering and the need to raise capital. The company’s CEO Greg Becker sent a letter citing higher interest rates and elevated cash burn from clients as reasons for the need for capital. Analysts...
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Why These PagerDuty Analysts Are Impressed By Q3 Execution
Friday, December 2, 2022 - 1:15pm | 356Read More...Following the quarterly release, PagerDuty Inc.’s (NYSE: PD) shares continued to gain on Friday. RBC Capital Markets On PagerDuty Analyst Matthew Hedberg reiterated an Outperform and a price target of $32. “PagerDuty delivered a strong quarter with revenue and billings...
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8 Zscaler Analysts Offer Their Takes On Q3 Print: Why The Company May 'Need To Tread Carefully Throughout FY23'
Friday, December 2, 2022 - 11:15am | 871Read More...Zscaler Inc.’s (NASDAQ: ZS) shares traded higher in the after-hours session on Thursday, following the company’s fiscal first-quarter print. Zscaler reported revenues of $355.55 million and earnings of 29 cents per share, with both matrices topping consensus estimates. Stephens On...
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10 Amazon Analysts Lower Price Targets: How The Street Is Reacting To Disappointing Q3 Earnings, AWS 'Surprise'
Friday, October 28, 2022 - 12:13pm | 1174Read More...Here’s what analysts are saying about Amazon.com Inc's (NASDAQ: AMZN) third quarter financial results, fourth-quarter guidance and why they’re lowering price targets. The Amazon Analysts Telsey analyst Joseph Feldman has an Outperform; lowers the price target from $150 to $140....
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AMD Analysts Cut Price Targets After Chipmaker Lowers Guidance, But 'Long-Term Opportunity' Remains
Friday, October 7, 2022 - 2:16pm | 682Read More...Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) hit new 52-week lows on Friday after the company came out with lower third-quarter guidance Thursday after the market close. The company said its third-quarter revenue would hit $5.6 billion, lower than a previous outlook of $6.7 billion....
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Snap Analyst Downgrades Stock, Says Earlier Thesis On Shares Posting Gains 'Compromised'
Friday, July 22, 2022 - 8:11am | 271Read More...Snap stock lost over one-quarter of its market cap in Thursday’s after-hours trading following the disappointing quarterly results reported by the Snapchat parent. The Snap Analyst: Patterson downgraded Snap shares from Overweight to Sector Weight. The Snap Thesis: KeyBanc’s...
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DraftKings Analysts Unimpressed By Q3 Earnings, But Sports Betting Company's 2022 Guidance A Highlight
Tuesday, November 9, 2021 - 12:35pm | 517Read More...Sports betting pure play company DraftKings Inc (NASDAQ: DKNG) reported third-quarter financial results on Friday. Analysts shared their takes on the company’s quarterly results and guidance. The DraftKings Analysts: Bank of America analyst Shaun C. Kelley has a Neutral rating and $60 price...
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Netflix Analysts Break Down Q3 Earnings: 'Solid Recovery With Large Content Launches Ahead'
Wednesday, October 20, 2021 - 2:15pm | 948Read More...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...
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Fintech Focus For January 25, 2021
Monday, January 25, 2021 - 12:47am | 3113Read More...Quote To Start The Day: You can't be a real networker unless you’re connected. Source: Michael Gruen One Big Thing In Fintech: Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps...
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Alibaba Analysts Expect Massive Singles' Day Sales Numbers
Tuesday, November 10, 2020 - 12:45pm | 549Read More...Alibaba Group Holding Ltd - ADR (NYSE: BABA) is conducting the world’s biggest 24-hour shopping event. Alibaba’s “Singles' Day” event is held on Nov. 11 each year and this year’s event is expected to be a record-breaking day. What Is Singles Day? In China, Singles...
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Fintech Focus For September 18, 2020
Thursday, September 17, 2020 - 9:57pm | 2110Read More...Good morning! If you're new to the Fintech Focus, you can subscribe here! Quote Of The Day: You can do everything right and still fail. - Will Eastman Fintech Movers: Banking giant UBS is skeptical that Bitcoin is a safe-haven asset, according to a report issued on September 9 by its Swiss...
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Fintech Focus For August 27, 2020
Wednesday, August 26, 2020 - 6:18pm | 2221Read More...Quote Of The Day: Life is ours to be spent, not to be saved. - D.H. Lawrence Fintech Movers: A lot of acceleration has been observed within the solutions and advisory groups within the asset management community, as well as trends towards shifting assets under management to an outsourced CIO, and...
