Colin Sebastian

Shares of Airbnb Inc (NASDAQ: ABNB) tanked in early trading on Wednesday, after the company reported upbeat revenues for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On Airbnb Analyst Tom White downgraded...

Shares of Pinterest Inc (NYSE: PINS) tanked in premarket trading on Friday, despite the company reporting upbeat earnings for its fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Roth Capital Partners analyst Rohit Kulkarni...

Shares of Activision Blizzard Inc (NASDAQ: ATVI) have been in focus on news of its deal with Microsoft Corp (NASDAQ: MSFT) being extended to Oct. 18. Amid what promises to be an exciting earnings season ahead, Activision Blizzard reported strong results Wednesday for its second quarter. Here are...

Even as the world shifts its focus to FIFA, Activision Blizzard Inc. (NASDAQ: ATVI) remains a leader in rapidly evolving esports market. The Santa Monica, California-based company has witnessed improving product momentum and is among the few names that are likely to be less impacted by recession,...

Although Amazon.com, Inc’s (NASDAQ: AMZN) stock has gained 63% year to date versus the S&P’s 3% decline, prospects of the company are still not completely priced in, according to Baird. The Amazon Analyst: Colin Sebastian maintained an Outperform rating for Amazon, while raising the...

 Pinterest Inc (NYSE: PINS) cited a "sharp deceleration" of business beginning in mid-March and this was "not a surprise," according to Baird. The company sees preliminary first quarter sales of $269-$272 million, higher than the $266.74 million estimate. The Pinterest...

Shopify Inc (NYSE: SHOP) surged after beating fourth-quarter estimates in gross merchandise volume (GMV), subscription revenue, merchant services revenue, and operating income. The company’s 47% total revenue growth represented its first quarter-over-quarter acceleration since 2013, while the...

Electronic Arts Inc. (NASDAQ: EA) turned in an unexpectedly strong second quarter with revenue and earnings beating expectations. But analysts' enthusiasm was limited by the company's unexpected decision to push the next title in its "Battlefield" franchise out a year to 2022,...

Shopify Inc (NYSE: SHOP) reported mixed third-quarter results in which revenue beat expectations but the company reported an EPS loss due to a tax provision tied to a capital gain. The Analysts Raymond James analyst Brian Peterson maintains an Outperform rating on Shopify's stock with a $365...

Facebook, Inc. (NASDAQ: FB) reported second-quarter results that exceeded expectations. Daily active users (DAUs) of 1.59 billion and monthly active users (MAUs) were consistent with the Street's expectations, but average revenue per user (ARPU) of $7.05 beat estimates of $6.87. The company...

GameStop Corp. (NYSE: GME)'s stock tanked reporting a first-quarter sales miss Tuesday — and announcing the elimination of its dividend.  BofA Bearish On Turnaround Bank of America Merrill Lynch analyst Curtis Nagle said urgent change is needed at GameStop, but isn't...

Zynga Inc (NASDAQ: ZNGA) shares moved higher after the game developer reported first-quarter earnings Wednesday and raised 2019 sales guidance by $50 million.   Baird  Zynga’s first-quarter results largely confirm a successful turnaround and M&A strategy, improving organic...

Not enough gamers are making a game stop. Shares of GameStop Corp. (NYSE: GME) plunged Wednesday after the brick-and-mortar video game and gaming hardware retailer reported a fourth-quarter sales miss and issued lower guidance the afternoon prior. Analysts and an industry observer ...

Amazon.com, Inc. (NASDAQ: AMZN)'s AWS re:Invent conference shows the company's "rapid pace of innovation" and reinforces its leadership position in the cloud, according to Baird. The Analyst Baird's Colin Sebastian maintains an Outperform rating on Amazon with an...

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) released second-quarter earnings  Wednesday that came in above expectations, driven by consumer spending and the increasing popularity of gaming.  The Analysts KeyBanc Capital Markets analyst Evan Wingren maintained an Overweight rating...