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eBay Is Still An Internet Value Play
Tuesday, September 13, 2016 - 12:31pm | 284Axiom's Victor Anthony recommended approximately a year ago that investors should buy eBay Inc (NASDAQ: EBAY)'s stock over Paypal Holdings Inc (NASDAQ: PYPL) after the company separated itself into the two units. The analyst revisited his thesis in a report on Tuesday and reaffirmed his...
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Axiom Initiates Netflix At Sell, Has Concerns Of Rising Content Costs
Monday, August 29, 2016 - 9:13am | 405Netflix, Inc. (NASDAQ: NFLX) could miss the consensus expectations for longer-term subscriber growth and profits due to intensifying competition, diminishing pricing power, and rising content costs. Axiom’s Victor Anthony initiated coverage of the company with a Sell rating and $80 price...
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Facebook, Twitter Investors Can Breathe A Sigh Of Relief As Data Shows Pokémon Go Usage May Have Peaked
Monday, August 22, 2016 - 8:27am | 428Given the surge in usage of Nintendo Co., Ltd’s (OTC: NTDOY) Pokémon Go app since its launch in July, there has been investor concern around the app “detracting from time spent on other mobile focused apps,” such as Facebook, Instagram, Twitter, Snapchat and Tinder, Axiom...
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Axiom's Anthony Is Convinced Of Longer-Term Potential For Facebook's Oculus Rift
Thursday, August 18, 2016 - 9:32am | 492Many experts, at first, were unsure of the validity behind Facebook Inc (NASDAQ: FB)'s strategic argument of acquiring Oculus Rift. The virtual reality company bought by Facebook in March of 2014 was an effort to enhance Facebook’s entertainment, communications and gaming business. Axiom...
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Axiom Upgrades Yelp To Buy, Cites Improving Business Momentum And Revenue Visibility
Wednesday, August 10, 2016 - 7:43am | 357Following a challenging 2015, Yelp Inc (NYSE: YELP) has outperformed expectations for two consecutive quarters and raised its full year 2016 guidance twice already. Axiom’s Victor Anthony upgraded the rating from Hold to Buy, with a price target of $44. Improving Business Momentum...
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Axiom Analysts Review XO Group's Q2 Earnings
Tuesday, August 2, 2016 - 10:24am | 385XO Group Inc (NYSE: XOXO) reported its 2Q16 results, with the revenue marginally missing expectations, while the EPS was a penny above the consensus expectations and the adjusted EBITDA beat the consensus by 11 percent. Axiom’s Victor Anthony maintains a Buy rating on the company, with a...
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Axiom Has A Buy Rating On Match Group, Expects Subscriptions To Grow In 2017
Monday, August 1, 2016 - 10:32am | 381Axiom’s Victor Anthony expressed continued confidence in the longer-term opportunity for Tinder and the ability of Match Group Inc (NASDAQ: MTCH) to dominate the dating category. Anthony maintains a Buy rating on the company, with a price target of $18. Strong Execution “Match Group...
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Alphabet Shares Still Cheap; Victor Anthony Raises Target To $990
Friday, July 29, 2016 - 7:34am | 328Alphabet Inc (NASDAQ: GOOGL) reported its 2Q16 revenues and EPS ahead of expectations on accelerating ad growth and margin expansion, Axiom’s Victor Anthony said in a report. He maintained a Buy rating on the company, while raising the price target from $970 to $990. Alphabet reported 2Q...
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Axiom's Victor Anthony: Keep Buying Facebook, Stock Is Still Cheap
Thursday, July 28, 2016 - 9:01am | 372Facebook Inc (NASDAQ: FB) displayed strong 2Q16 results, with the metrics beating the estimates across the board and ex-FX advertising revenue growth coming in at 63 percent. Axiom’s Victor Anthony maintains a Buy rating on the company, while raising the price target from $155 to $160. Stock...
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Victor Anthony Downgrades Twitter, Sees Limited Visibility
Wednesday, July 27, 2016 - 8:15am | 402Twitter Inc (NYSE: TWTR) has now provided its revenue guidance below the estimates for three consecutive quarters, while there is limited visibility into a reacceleration in advertising growth. Axiom’s Victor Anthony downgraded the rating on the company from Buy to Hold, while lowering...
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Axiom's Anthony Highlights 5 Key Concerns Facebook Investors Might Be Considering
Tuesday, July 26, 2016 - 1:28pm | 419Victor Anthony, a senior analyst at Axiom Capital has been bullish on Facebook Inc (NASDAQ: FB) since the stock was trading under $20 a share. His bullish stance remains unchanged to this day, but he does have several concerns that need to be addressed in the company's second-quarter earnings...
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Axiom Looking For Match Group To Report Continued Growth At Tinder
Monday, July 25, 2016 - 9:47am | 297Match Group Inc (NASDAQ: MTCH) is scheduled to report its 2Q results on July 26, and is likely to report robust numbers, with Tinder maintaining its leadership, Axiom’s Victor Anthony said in a report. He reiterated a Buy rating on the company, with a price target of $18. Analyst Victor...
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Axiom: Buy The Post-Earnings Weakness In Pandora
Friday, July 22, 2016 - 10:02am | 275Pandora Media Inc (NYSE: P) reported its 2Q revenue results and announced its 3Q revenue guidance short of expectations. Axiom’s Victor Anthony maintained a Buy rating on the company, with a price target of $16. The analyst commented that Pandora’s differentiated on-demand service...
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Axiom's Anthony Steps To The Sidelines On Shutterfly
Wednesday, July 20, 2016 - 10:28am | 363Axiom’s Victor Anthony mentioned that Shutterfly, Inc.’s (NASDAQ: SFLY) EBITDA multiple has expanded 35 percent since late February. Anthony downgraded the rating on the company from Buy to Hold, attaching a price target of $52. “We continue to believe that Shutterfly is exposed...
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A Better Entry Point For Pandora Is Almost Here, Victor Anthony Says
Wednesday, June 15, 2016 - 2:54pm | 677Victor Anthony of Axiom said due to competitive headlines of late, an entry point is emerging for Pandora Media Inc (NYSE: P). The analyst maintains his position that Pandora is an acquisition target, and he feels a sale price above $20 seems reasonable. Chatter In The Space The expansion of on-...