Michael Pachter

Mobile video game developer and publisher Glu Mobile Inc. (NASDAQ: GLUU) reported fourth-quarter results Monday that prompted Piper Jaffray to turn incrementally bullish on the stock, while Wedbush highlighted expectations for a slowdown in core growth games. The Analysts Piper Jaffray's...

Nintendo (OTC: NTDOY) exceeded expectations in third-quarter revenue, earnings per share and Switch sales. But one analyst team still isn’t sold on the gamer life. The Rating Wedbush analysts Nick McKay and Michael Pachter maintained a Neutral rating on Nintendo and cut their price...

Amazon.com, Inc. (NASDAQ: AMZN) reported a clean beat across the board in its fourth-quarter results but management's commentary during the conference call spooked some investors. Here is a summary of how some of the Street's top analysts reacted to the print and conference call. The...

Take-Two Interactive Software, Inc (NASDAQ: TTWO) is scheduled to report its fiscal third-quarter results Feb. 6. Although the company is likely to report a beat, driven by new release "Red Dead Redemption 2," there is lack of clarity into the 2020 outlook. The Analyst Wedbush's...

Wedbush Securities analyst Michael Pachter joined Benzinga’s PreMarket Prep trading show this week to discuss several topics, including the downturn in video game stocks and several other entertainment-related companies under his coverage. Game Over? Equities have taken a beating over...

Despite the steady rise of popularity in video game culture, retailer GameStop Corp. (NYSE: GME) appears to be on its last life. The Analysts Jefferies analyst Stephanie Wissink maintained a Buy rating on GameStop with an $18 price target.   Credit Suisse analyst Seth Sigman...

Turtle Beach Corp. (NASDAQ: HEAR) conservatively raised its fourth-quarter guidance Tuesday for a projection of 18-percent year-over-year revenue growth. The Analysts D.A. Davidson analyst Tom Forte reiterated a Buy rating on Turtle Beach and lowered the price target from $38 to $30. Lake...

Streaming music provider Pandora Media Inc (NYSE: P) reported Monday its third-quarter results and could impact the pending acquisition from Sirius XM Holdings Inc (NASDAQ: SIRI). Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Barrington Research...

GoPro Inc (NASDAQ: GPRO) shares were headed for their worst single-day drop on record Friday despite reporting a third-quarter earnings beat. The company reported Q3 adjusted earnings per share of negative 4 cents, beating estimates by 2 cents. Sales came in at $285.936 million...

Fitness tracker and smart watch maker Fitbit Inc (NYSE: FIT) reported a return to profit in its third-quarter print Wednesday. The Analysts Wedbush's Michael Pachter maintains an Outperform rating on Fitbit with an unchanged $6.50 price target. William Blair's Jeffrey Garro maintains...

Zynga Inc (NASDAQ: ZNGA) reported a third-quarter earnings miss Wednesday. The mobile game developer reported earnings of 1 cent per share, missing estimates by 3 cents. Sales came in at $233.2 million, missing estimates by $16.23 million. Wedbush Sees 'Compelling Investment'  Wedbush...

The recent pullback in Roku Inc (NASDAQ: ROKU) from nearly $80 per share in early October to around $55 is "overdone" and should be taken advantage of by investors, according to Wedbush. The Analyst Wedbush's Michael Pachter upgraded Roku from Neutral to Outperform with a price...

The bullish case for Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is based on seven factors, according to Wedbush. The Analyst Wedbush's Michael Pachter initiated coverage of Alphabet with an Outperform rating and $1,350 price target. The Thesis Pachter highlighted the seven positive...

Fitness tracker Fitbit Inc (NYSE: FIT)'s announcement it will enter the health care and medical technology space is a bullish catalyst for the stock. The Analyst Wedbush analysts led by Michael Pachter upgraded Fitbit from Neutral to Outperform with an unchanged $6.50 price target. The...

Turtle Beach Corp. (NASDAQ: HEAR) has seen substantial market growth and market share gains, while improved operations have bolstered earnings, according to Wedbush.  The Analyst Analyst Michael Pachter reiterated an Outperform rating on Turtle Beach with a $42 price target. The Thesis...