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Analysts Divided On Zoom's Future: Solid Performance Marred By Growth Concerns
Tuesday, May 23, 2023 - 12:21pm | 655Shares of Zoom Video Communications Inc (NASDAQ: ZM) tanked in early trading on Tuesday, despite the company reporting upbeat revenues and earnings for its first quarter. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley...
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Why Analysts Maintain Caution On Cisco Systems After Better-Than-Expected Fiscal Q3 Earnings
Thursday, May 18, 2023 - 11:54am | 559Shares of Cisco Systems Inc (NASDAQ: CSCO) were relatively unchanged on Thursday after the company reported higher-than-expected revenues and earnings for its fiscal third quarter. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings...
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AppLovin Just Beat Earnings And Shares Are Flying — But What Do The Analysts Think?
Thursday, May 11, 2023 - 1:37pm | 570Mobile app tech company AppLovin Corp (NASDAQ:APP) reported its first-quarter results on Wednesday at the closing bell, beating revenue expectations while missing on earnings. The stock is also flying higher. By The Numbers: The company posted revenues of $715.4 million, beating consensus...
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Peloton Interactive Analysts Give Mixed Reviews: 'Better Than Expected Q3 Sales And EBITDA ... Offset By Soft Q4 Subscriber Guidance'
Friday, May 5, 2023 - 10:45am | 700Shares of Peloton Interactive Inc (NASDAQ: PTON) recovered slightly in the premarket on Friday, after having plunged in the previous trading session on wider-than-expected quarterly losses in the third quarter. The shares are down again after the market opened. These analysts offer mixed...
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Uber Analyzed Post-Q1: Ride Frequency, Cost Cuts, Alcohol, Super Bowl Yield Higher Targets
Wednesday, May 3, 2023 - 11:48am | 791Mobility company Uber Technologies (NYSE: UBER) reported first-quarter financial results, with revenue beating consensus estimates from analysts. Here’s a look at what analysts are saying after the report. The UBER Analysts: RBC analyst Brad Erickson has an Outperform rating and a price...
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Starbucks Shares Tank On Guidance Despite China Upside: 5 Analysts On 2023 Outlook
Wednesday, May 3, 2023 - 9:58am | 605Shares of Starbucks Corp (NASDAQ: SBUX) continued to decline in the premarket on Wednesday, despite the company reporting upbeat quarterly results. Here's what some analysts have to say about management's disappointing guidance. RBC Capital Markets analyst Christopher Carril reiterated a...
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Amazon Analysts Preach Patience In Wake Of Slower AWS Growth: 'Management Laser-Focused On Returning The Company To Dynamic Growth'
Friday, April 28, 2023 - 11:03am | 940Ecommerce and technology giant Amazon.com Inc (NASDAQ: AMZN) reported first quarter financial results after market close Thursday. The Amazon Analysts: Oppenheimer analyst Jason Helfstein has an Outperform rating and raises the price target from $125 to $130. Morgan Stanley analyst Brian Nowak has...
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Meta Platforms AI Initiatives And Reels Progress Praised By Analysts After 2022 Saw 'Hate Selling' Of Stock, Now A 'De-Risking Story'
Thursday, April 27, 2023 - 12:20pm | 793Technology giant Meta Platforms Inc (NASDAQ: META) reported first-quarter financial results after market close Wednesday. Analysts are sizing up the revenue and earnings per share beat and the company’s comments on the growth of artificial intelligence initiatives for the company. The Meta...
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Wolfspeed Shares Tank On Heels Of Tesla SiC Cut Down, Analysts Focus On 200mm Delay
Thursday, April 27, 2023 - 10:56am | 462Shares of semiconductor maker Wolfspeed Inc (NYSE: WOLF) tanked in early trading on Thursday, adding to losses made on news of Tesla Inc’s (NASDAQ: TSLA) silicon-carbide (SiC) cut down. Here are some key analyst takeaways from the company’s fiscal third-quarter earnings call....
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Defying Expectations: Roku's Platform Revenue Stabilizes As Active Accounts Grow, Analysts Remain Positive
Thursday, April 27, 2023 - 10:13am | 572Shares of Roku Inc (NASDAQ: ROKU) Thursday eased in premarket trading, after soaring in the previous trading session on better-than-expected quarterly results. Here are some key analyst takeaways from the earnings call. Oppenheimer On Roku Analyst Jason Helfstein reaffirmed an Outperform rating,...
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David (Microsoft) Vs. Goliath (Google) Battle For AI Dominance: How Analysts See Alphabet Faring
Wednesday, April 26, 2023 - 1:26pm | 917Technology giant Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) reported first quarter financial results Tuesday after market close. Here’s a look at what analysts are saying about the company’s financials, artificial intelligence, cloud ambitions and more. The Alphabet Analysts: Morgan...
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5 Chipotle Mexican Grill Analysts Dive Into 'Clean Beat' In Q1
Wednesday, April 26, 2023 - 11:37am | 603Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) jumped in early trading on Wednesday after the company reported upbeat quarterly earnings on price hikes. Here are some key analyst takeaways from the earnings call. Morgan Stanley On Chipotle Mexican Grill Analyst Brian Harbour reiterated an...
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Microsoft Analyst Praises 'Purposeful' AI Moves As Competitors Scramble To Respond
Wednesday, April 26, 2023 - 11:22am | 592Shares of Microsoft Corp (NASDAQ: MSFT) climbed in early trading on Wednesday, after the Redmond, Washington-based company reported upbeat quarterly results. Here are some key analyst takeaways from the earnings call: Morgan Stanley analyst Keith Weiss reiterated an Overweight rating, while...
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Intuitive Surgical Soars On Stellar Q1 Results: Analysts Boost Price Targets Amid Robust Procedure Growth
Wednesday, April 19, 2023 - 12:06pm | 619Shares of Intuitive Surgical, Inc. (NASDAQ: ISRG) surged in after-hours trading on Tuesday, following the release of the company’s upbeat results for the first quarter. RBC Capital Markets On Intuitive Surgical Analyst Shagun Singh maintained an Outperform rating, while raising the price...
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Charles Schwab Q1 Earnings Surpass Expectations, Prompting Analysts To Maintain Positive Outlook
Tuesday, April 18, 2023 - 12:33pm | 614Shares of Charles Schwab Corporation (NYSE: SCHW) were rising on Tuesday, after the company reported better-than-expected revenues and earnings for its first quarter. Keefe, Bruyette & Woods On Charles Schwab Analyst Kyle Voigt maintained an Outperform rating and price target of $65....