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Shopify Q1 Preview: Analysts Predict Strong Sales Growth
Tuesday, May 7, 2024 - 10:58am | 380Read More...Shares of Shopify Inc (NYSE:SHOP) were trading lower on Tuesday ahead of the company's first-quarter results, scheduled for May 8. Here are some key analyst expectations amid an exciting earnings season. Truist Securities On Shopify Analyst Terry Tillman maintained a Hold rating and price target of...
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Penn Entertainment Focuses On 'Where The Puck Has Been Rather Than Where It's Going': 5 Analysts Size Up Q1 Results, Sports Betting Segment
Friday, May 3, 2024 - 4:12pm | 810Read More...Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported first-quarter financial results that came in lower than analysts' estimates. Here's what analysts are saying after the report. Needham analyst Bernie McTernan has a Buy rating and lowers the price target from $32 to $26....
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DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
Friday, May 3, 2024 - 2:55pm | 771Read More...Sports betting company DraftKings Inc (NASDAQ:DKNG) reported first-quarter revenue and earnings per share that beat analysts' estimates. Analysts share their reaction to the report and DraftKings' raised full-year guidance: Truist analyst Barry Jonas has a Buy rating and $55 price target. Bank of...
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Booking Holdings Issues Soft Guidance Despite Strong Q1 Upside; These Analysts Delve Deeper
Friday, May 3, 2024 - 12:33pm | 970Read More...Shares of Booking Holdings Inc (NASDAQ:BKNG), the parent company of Booking.com, were climbing in early trading on Friday, along with other big stocks reporting earnings for the quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release....
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Block Reports Blockbuster Results, Raises Guidance: Analysts Talk Square, Cash App, More
Friday, May 3, 2024 - 11:32am | 868Read More...Block Inc (NYSE:SQ) shares up on Friday, after the company reported upbeat results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. JPMorgan On Block Analyst Tien-tsin Huang maintained an Overweight rating and price...
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Domino's Pizza Succeeds In Driving More Traffic: Analysts Revise Forecasts After Q1 Results
Tuesday, April 30, 2024 - 12:27pm | 744Read More...Domino’s Pizza Inc (NYSE:DPZ) shares were climbing Tuesday after the company reported better-than-expected first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets On Domino’s Pizza Analyst Andrew...
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Paramount Could Be Worth $4 Or $14 Per Share In Deal, Analyst Says: 'We Prefer To Sit This One Out'
Tuesday, April 30, 2024 - 12:07pm | 903Read More...Media company Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) reported first-quarter financial results that saw revenue miss Street consensus estimates and earnings per share come in ahead of estimates. The company also announced a CEO change with Bob Bakish stepping down. Analysts react to the...
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Meta's Q1 Earnings: Most Analysts Support AI Strategy, While One Says 'Use Meta As A Source Of Funds,' Questions Its Long-Term Value
Thursday, April 25, 2024 - 2:25pm | 1811Read More...Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in...
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Meta Platforms Q1 Earnings Preview: 'Marginally Cautious,' AI Opportunity Could Prove 'First Mover Advantage'
Tuesday, April 23, 2024 - 2:12pm | 862Read More...Social media and technology company Meta Platforms Inc (NASDAQ:META) will report first-quarter financial results after market close Wednesday, April 24. Here are the earnings estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect Meta Platforms to report...
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Bitcoin Miner Hut 8 Is Better Positioned Following The Merger With USBTC, Says Bullish Analyst
Monday, April 22, 2024 - 12:02pm | 323Read More...Hut 8 Corp (NASDAQ:HUT) shares have been in focus with the Bitcoin halving event impacting miners. Following the merger of "old HUT" with US Bitcoin Corporation (USBTC), which closed in November 2023, the prospects of the new entity have been buoyed by diversified revenue streams and initiatives to...
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Canoo Has 'A Multi-Billion Revenue Opportunity,' Says Bullish Analyst
Wednesday, April 17, 2024 - 12:13pm | 334Read More...Canoo Inc (NASDAQ:GOEV) operates in a segment where even the likes of Tesla Inc (NASDAQ:TSLA) are reporting weak delivery numbers. The company has repositioned itself and the market appears to have "lost sight of the magnitude of the opportunity," according to Benchmark. The Canoo Analyst: Michael...
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What's Going On With Block Stock Thursday?
Thursday, April 4, 2024 - 2:39pm | 658Read More...Block Inc (NYSE:SQ) shares were trading lower after Morgan Stanley analyst James Faucette downgraded the stock from Equal-Weight to Underweight and lowered its price target from $62 to $60. Benchmark analyst Mark Palmer reiterated a Buy rating on Block while raising his price target to $99 from $89...
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DoorDash Has Strong Monetization Potential In New Verticals, Says Bullish Analyst
Thursday, April 4, 2024 - 12:05pm | 335Read More...DoorDash Inc (NASDAQ: DASH) is partnering with Lowe’s Companies Inc (NYSE: LOW) to make an entry into the home improvement market. The monetization potential of the company’s new retail vectors, including grocery and convenience, is likely to become “more tangible over the next 12...
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Intel Stock Dives As Chipmaker Changes Reporting Structure: Takeaways From 6 Analysts
Wednesday, April 3, 2024 - 12:19pm | 739Read More...Intel Corp (NASDAQ: INTC) shares were tanking in early trading on Wednesday, amid news of the company’s foundry business facing a $7 billion loss. BofA Securities On Intel Analyst Vivek Arya reiterated a Neutral rating and price target of $50. At its new reporting structure event, Intel...
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Broadcom Rocks At AI Event: Here's What Got These Analysts Most Excited
Thursday, March 21, 2024 - 12:35pm | 831Read More...Broadcom Inc (NASDAQ: AVGO) recently announced projections for AI chip sales for 2024. The company is among the beneficiaries of massive AI investments by corporations. It hosted an “Enabling AI Infrastructure Investor Meeting” on Wednesday; here are some key analyst takeaways...
















