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Twilio Reports Upbeat Q4 Earnings, But Investors Pull Back: What 7 Wall Street Analysts Are Saying
Thursday, February 15, 2024 - 1:17pm | 864Twilio Inc (NYSE: TWLO) shares tanked in early trading on Thursday, even after the company reported upbeat results for its fourth quarter. The results, which included Twilio not releasing a full-year outlook, saying it would provide the forecast in March, were announced amid an...
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Baird Charges Apple Price Target During WWDC20, Expects 5G iPhone This Fall
Tuesday, June 23, 2020 - 12:52pm | 390Apple Inc. (NASDAQ: AAPL) kicked off its annual developer conference, the WWDC, in a new virtual format Monday. The event highlighted Apple’s ongoing innovation efforts, and the company faces strong ecosystem benefits in the long-term, according to Baird. The Apple Analyst William Power...
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Twilio's 2020 Outlook Has Investors Worried: What Does The Street Think?
Thursday, February 6, 2020 - 3:20pm | 543Cloud communications platform provider Twilio Inc (NYSE: TWLO) reported fourth-quarter results that came in better than expected, but 2020 guidance has some investors concerned. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo analyst...
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Zoom Video Sells Off After Q3 Earnings Print
Friday, December 6, 2019 - 12:04pm | 586Zoom Video Communications Inc. (NASDAQ: ZM) lost a bit of the zoom in its growth trajectory in the third quarter, spooking investors. Sell-side analysts said the company's communications story remains strong, though the stock price may already reflect it. The Analysts Morgan Stanley's Meta...
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The Sell-Side Digs Into Twilio Earnings
Thursday, August 1, 2019 - 2:31pm | 525Twilio Inc (NYSE: TWLO) reported in-line second-quarter EPS and revenue above analyst expectations. The company also issued third-quarter guidance above consensus estimates and said it reached a $1 billion annual revenue run rate in the second quarter for the first time. Twilio is up 56% year to...
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RingCentral Analysts Bullish On Company's Cloud Opportunity
Tuesday, May 7, 2019 - 5:12pm | 608Global enterprise cloud communication company RingCentral Inc (NYSE: RNG) reported first-quarter results Monday that prompted three Street analysts to lift their price targets for the stock. The Analysts Baird Equity Research's William Power maintained an Outperform rating on...
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Survey: Apple's Share Of Smartphone Market Remains At All-Time High
Tuesday, February 26, 2019 - 5:58pm | 433Amid bearish predictions concerning Apple Inc. (NASDAQ: AAPL) and its flagship iPhone, one analyst at Baird remains upbeat on the company's prospects. The Analyst Analyst William Power reiterated an Outperform rating on Apple with a $185 price target. The Thesis Apple's...
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Apple Q1 Earnings Preview: Investors Brace For Update On Turbulent Quarter Marred By iPhone Weakness
Monday, January 28, 2019 - 1:14pm | 1073Apple Inc. (NASDAQ: AAPL) is going through a tough phase given the issues surrounding its flagship product, the iPhone. From an intraday high of $233.47 hit Oct. 2, Apple stock ended the calendar fourth quarter at $157.74, a drop of about 33 percent. Given the muted offtake of its latest...
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Analyst Says Apple's App Store Spending Is Likely To Slow In 2019
Thursday, January 24, 2019 - 1:45pm | 413Apple Inc. (NASDAQ: AAPL) has stumbled out of the gates in 2019, and the latest date from App Annie suggests negative commentary from analysts about an Apple slowdown may be right on the money. App Annie Projections App Annie is projecting global app store spending will surpass $120 billion in 2019...
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'Jaw-Dropping': Wall Street Reacts To Apple's Guidance Cut, China Business
Thursday, January 3, 2019 - 12:46pm | 1097Apple Inc. (NASDAQ: AAPL) cautioned investors Wednesday that its holiday quarter revenue is likely to come in "lower than anticipated." Here's how Street analysts are reacting to the guidance cut. The Analyst Wedbush's Dan Ives maintains an Outperform rating...
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A Look At Twilio's Huge Quarter
Tuesday, August 7, 2018 - 11:04am | 387Twilio Inc (NYSE: TWLO) reported blowout second-quarter earnings Monday, but some analysts are saying Tuesday’s 19-percent gain is just the beginning for the stock. The Analyst Baird analyst William Power reiterated his Outperform rating for Twilio and raised his price target from $50 to $82...
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Some Things To Consider Ahead Of Netflix's Q4 Earnings
Wednesday, January 3, 2018 - 6:05pm | 349Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its fourth quarter earnings Jan. 22, which may convince some of Wall Street's neutral or bearish analysts into becoming positive. The Analyst Baird Equity Research's William Power maintains a Neutral rating on Netflix's stock with an...
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Getting The BAND Together: 3 Analysts Rate Bandwidth
Tuesday, December 5, 2017 - 5:23pm | 661Bandwidth Inc (NASDAQ: BAND), a cloud-based, software-powered communications platform-as-a-service, or CPaaS, company, offered 4 million shares in a recent IPO at $20 each. With the quiet period expiring Tuesday, sell-side analysts offered their takes on the company and its prospects...
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Wall Street Still Loves Apple
Friday, November 3, 2017 - 12:43pm | 795Apple Inc. (NASDAQ: AAPL) stock jumped 2 percent on Friday to hit new all-time highs after the company reported a fiscal fourth-quarter earnings beat and issued guidance that impressed the market. A number of Wall Street analysts weighed in on Apple following the report. Here’s a rundown of...
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AT&T's 2018 Potential Makes Near-Term Weakness Worth It
Wednesday, October 25, 2017 - 10:30am | 389Despite shares of AT&T Inc. (NYSE: T) hitting a new 52-week low of $33.81 Wednesday morning, analysts at Baird aren't ready to throw in the towel. The firm's William Power maintains an Outperform rating on AT&T's stock with a price target lowered from $43 to $42. AT&T's...