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5 Analysts Dissect Lyft Strategy: October 'Sustained Strength' Bodes Well For Q4
Thursday, November 9, 2023 - 1:26pm | 622Shares of Lyft Inc (NASDAQ: LYFT) continued to decline in early trading on Thursday, after tanking in the previous trading session on the company’s third-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist...
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Match Group's Stock Crashes On Weak Outlook: These Analysts Look At Company's Prospects
Wednesday, November 1, 2023 - 12:26pm | 574Match Group Inc (NASDAQ: MTCH) shares tanked in early trading on Wednesday, after the company reported its third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. KeyBanc Capital Markets On Match Group Analyst Justin...
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Snap's Q3 Revenue Surprises, But Growth Concerns Persist: Analysts Weigh In
Wednesday, October 25, 2023 - 12:30pm | 616Shares of Snap Inc (NYSE: SNAP) were trading lower on Wednesday after the company’s third-quarter revenue beat and stock buyback announcement. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Snap...
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DoorDash Continues To Execute With 'No Sign Of A Consumer Slowdown': 4 Analysts Bullish After Q2 Print
Thursday, August 3, 2023 - 10:40am | 527Shares of DoorDash Inc (NYSE: DASH) rose in early trading on Thursday, after the company reported strong orders and revenues for the second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Needham On DoorDash Analyst Bernie...
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3 Match Group Analysts On Q2 Earnings: Tinder's Turnaround Story Is The Highlight Of The Quarter
Wednesday, August 2, 2023 - 2:30pm | 462Dating app company Match Group Inc (NASDAQ:MTCH) on Tuesday issued an upbeat earnings print. Tinder, its flagship dating platform, contributed to a 6% bump in direct revenue growth for a gain of $475 million. Here's what prominent analysts had to say about the stock, and what investors need to...
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5 Lyft Analysts React To Q1 Earnings: 'Uber Seemingly Pulling Away'
Friday, May 5, 2023 - 2:21pm | 602LYFT Inc (NASDAQ: LYFT) shares were tumbling Friday after the company reported disappointing first-quarter numbers as it struggles to keep pace with rival Uber Technologies Inc (NYSE: UBER). On Thursday, Lyft reported adjusted first-quarter EPS of 7 cents, beating consensus analyst estimates...
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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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Snap Shares Tank On AI Investment Plans: What Else Caused Analysts To Cut Price Targets?
Friday, April 28, 2023 - 10:20am | 635Shares of Snap Inc (NYSE: SNAP) Friday crashed in premarket trading, after the company reported a first-quarter revenue miss. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Snap Analyst Brad Erickson maintained a Sector Perform rating while reducing the price...
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Why 3 Stitch Fix Analysts Remain Cautious After F1Q Print: 'A Challenging Turnaround Amidst A Tough Macro Environment'
Wednesday, December 7, 2022 - 11:01am | 415Although Stitch Fix Inc (NASDAQ: SFIX) reported upbeat adjusted EBITDA for the fiscal first quarter, its stock came under pressure due to a sales miss. Truist Securities On Stitch Fix Analyst Youssef Squali maintained a Hold rating while reducing the price target from $6 to $5. Per Squali's...
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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 | 1174Here’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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Snap Analyst Downgrades Stock, Says Earlier Thesis On Shares Posting Gains 'Compromised'
Friday, July 22, 2022 - 8:11am | 271Snap 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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Sum Of Parts Suggests Shareholders Could Get Amazon's Retail Business For Free
Tuesday, May 31, 2022 - 4:41pm | 624Large technology companies are often hard for analysts and traders to value, with many moving parts. Sometimes this leads to the “sum of the parts” trading at a discount to the value of the businesses if they were to be spun off as independent companies. What Happened: Well-known...
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Alibaba Analyst Thinks Management Willing To Take Bold Measures To Rebuild Shareholder Value
Monday, December 20, 2021 - 12:30pm | 419Alibaba Group Holding Ltd. (NYSE: BABA) shares have been stuck in a rut, having pulled back about 60% from their all-time of $319.32 reached in late-October 2020. An analyst at Truist Securities weighed in on the ecommerce giant's investor day presentations and the implication for the company...
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Why DoorDash Stock Is Dashing Higher Today
Friday, May 14, 2021 - 8:18am | 239DoorDash Inc (NYSE: DASH) is trading higher Friday following better-than-expected first-quarter revenue. What Happened: DoorDash reported an earnings loss of 34 cents per share, which came in below the estimate for a loss of 26 cents per share. It reported quarterly revenue of $1.08...
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Alibaba Analysts Expect Massive Singles' Day Sales Numbers
Tuesday, November 10, 2020 - 12:45pm | 549Alibaba 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...