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Tesla's 'Brutal' China Disruptions Main Worry For Investors Ahead Of Q1 Earnings, Says Analyst
Wednesday, April 20, 2022 - 3:32am | 465Tesla Inc (NASDAQ: TSLA) investors would be focused on what the “brutal” three weeks of production halts in China mean for the rest of the year, according to Wedbush Securities, as the electric vehicle firm reports first-quarter earnings after the bell on Wednesday. The...
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Could Tesla Exit 2022 With 2M Unit Run Delivery Rate?
Friday, March 25, 2022 - 10:39am | 614Tesla Inc (NASDAQ: TSLA) could exit this year with a 2 million unit run-rate for deliveries as two of its key factories, Giga Berlin and Giga Texas, come online, according to Wedbush Securities analyst Dan Ives. The Tesla Analyst: Ives has maintained an Outperform rating and a $1,400 a...
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Dan Ives Says Uber's Q4 Results Were Better Than Feared
Thursday, February 10, 2022 - 7:32am | 188Uber Technologies, Inc (NYSE: UBER) reported net income of $892 million for the fourth quarter, while sales exceeded views. The company expects first-quarter adjusted EBITDA to be between $100 million and $130 million. On CNBC’s "Closing Bell," Dan Ives of Wedbush Securities said...
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Why This Analyst Sees Further Upside To FAANG Stocks — With Apple As A 'Favorite' Pick
Monday, November 1, 2021 - 6:36am | 523Tech stocks still have upside left in them, Wedbush analyst Daniel Ives said in a note Sunday, while acknowledging the supply chain issues plaguing underlying businesses in the short term. What Happened: Ives said that the “tech rally has legs well into 2022 given stellar growth...
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Wedbush Expects Microsoft To Report Earnings Beat For 'Picasso-Like Masterpiece' Quarter, Raises Price Target
Wednesday, October 20, 2021 - 3:28am | 516Wedbush analyst Daniel Ives expects Microsoft Inc (NASDAQ: MSFT) to deliver another “Picasso-like masterpiece” quarter next week with numbers exceeding Street estimates. The Microsoft Analyst: Ives maintained Wedbush’s “Outperform” rating and raised the 12-month price...
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Why Wedbush Sees Tesla Reporting 'Beat Across The Board' With Q3 Earnings
Monday, October 18, 2021 - 5:11am | 558Tesla Inc’s (NASDAQ: TSLA) robust third-quarter deliveries — that came despite an ongoing semiconductor shortage and global logistics issues — will help the electric vehicle maker deliver an earnings beat when it reports results on Wednesday after the closing bell, according to...
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3 Key Updates Wedbush Is Expecting From Tesla's Annual Shareholders Meeting Today
Thursday, October 7, 2021 - 6:31am | 549Tesla Inc’s (NASDAQ: TSLA) annual shareholder meeting scheduled to be held at the Gigafactory Texas in Austin is taking place on Thursday and as per Wedbush Securities, the Elon Musk-led company will set the groundwork for the electric automaker’s story for the coming year at the...
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AMC, Other Stonk Investors Should Watch For This Key Catalyst In Week Ahead, Says Analyst
Monday, June 7, 2021 - 7:02am | 593Investors in Reddit-favorite stocks such as AMC Entertainment Holdings Inc. (NYSE: AMC), BlackBerry Limited (NYSE: BB), GameStop Corp. (NYSE: GME) and Bed Bath & Beyond Inc. (NASDAQ: BBBY) should focus on the upcoming inflation data that will be published this week, according to an analyst....
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Nikola Gets Wedbush Upgrade As 'Negative Catalysts' Have Played Out
Monday, February 1, 2021 - 6:08am | 487Nikola Corp (NASDAQ: NKLA) has received an upgrade from Wedbush as most of the “negative catalysts” have played out. The Nikola Analyst: Wedbush analyst Daniel Ives changed his rating to Neutral on Nikola from the previous Underperform and upped the price target to...
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Tesla On Track To Beat Its Ambitious Delivery Target Of 500,000 Deliveries For 2020, Says Wedbush
Wednesday, December 30, 2020 - 7:26am | 543Tesla Inc (NASDAQ: TSLA) is on track to meet the delivery target of 500,000 units for the year, according to Wedbush analyst Daniel Ives. The Tesla Analyst: Ives has a Neutral rating on the Tesla stock and a 12-month price target of $715. In a bull-case scenario, the stock could...
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Alibaba Regulatory Woes A 'Nirvana Set Up' For FAANG Stocks, Says Analyst
Tuesday, December 29, 2020 - 7:12am | 539The regulatory crackdown on Chinese “tech stalwarts” such as Alibaba Group Holding Ltd (NYSE: BABA) is favorable for the so-called FAANG stocks, according to Wedbush analyst Daniel Ives. What Happened: Ives theorized in a note Monday that the decoupling between the United States and...
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Apple Gets $200 Bull Case Target From Wedbush On Strongest Product Cycle Since 2014
Wednesday, December 9, 2020 - 3:15am | 360Apple Inc (NASDAQ: AAPL) is experiencing an iPhone 12 “supercycle” and seeing “major tailwinds,” not seen since 2014, which could propel the tech giant’s stock to $200 levels, according to Wedbush Securities. The Apple Analyst Wedbush analyst Daniel Ives...
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Tesla Gets $1,000 Bull-Case Target From Wedbush On China, Europe Outlook
Sunday, November 22, 2020 - 11:57pm | 416Tesla Inc (NASDAQ: TSLA) is likely to achieve its million delivery units target by 2023, with 2022 not out of the question, Wedbush Securities said — ratcheting up its bull-case price target for the automaker from $800 to $1,000. The Tesla Analyst: Daniel Ives maintained a Neutral rating on...
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Alibaba Plans Massive Cloud Investment, Wedbush Sees 'Key Turning Point'
Monday, April 20, 2020 - 10:35am | 434Alibaba Group Holding Ltd (NYSE: BABA) announced plans Monday to invest 200 billion yuan ($28 billion) in its cloud computing division over the next three years. This is a major strategic move by the company, which is poised to benefit from a ramp in demand for various cloud...
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Apple Averted An iPhone Fiasco With Phase 1 Trade Deal
Friday, December 13, 2019 - 4:55pm | 717The standoff in the U.S.-China trade talks has continued to haunt the financial markets for a while now. Stocks with significant exposure to China have been see-sawing amid conflicting reports concerning a resolution. With some clarity emerging with the clinching of a Phase 1 deal between the U.S...