-
BofA Cites 5 Factors For Initiating Squarespace Stock At Buy
Monday, July 19, 2021 - 1:23pm | 212Read More...There is upside to Squarespace Inc’s (NYSE: SQSP) stock, given the company’s robust top-line growth, predictable revenue base, global expansion, margin expansion, upmarket initiatives and penetration of a large market opportunity, according to BofA Securities. The Squarespace...
-
Chewy Stock Pulls Back After Q1 Earnings: What Do Analysts Think?
Friday, June 11, 2021 - 4:00pm | 478Read More...Chewy Inc (NYSE: CHWY) shares traded lower by 5.4% Friday after the company reported better-than-expected first-quarter earnings and revenue on Thursday afternoon. Chewy reported first-quarter EPS of 9 cents on revenue of $2.14 billion. Both numbers beat consensus analyst estimates of a 3-cent...
-
Consumer Demand Fuels Carvana Upgrade
Monday, May 3, 2021 - 1:11pm | 272Read More...Carvana Co.'s (NYSE: CVNA) inventory has recovered to more than 32,000 units in 2021 and appears well-positioned to meet rising consumer demand, according to BofA Securities. The Carvana Analyst: Nat Schindler upgraded the rating for Carvana from Neutral to Buy, while raising the...
-
Netflix Analysts Cautious Following Q1 Earnings: 'Net Adds Shortfall Will Likely Overwhelm The Narrative'
Wednesday, April 21, 2021 - 1:27pm | 787Read More...Netflix Inc (NASDAQ: NFLX) shares dropped 7.5% on Wednesday morning after the company reported first-quarter subscriber growth that fell well short of Wall Street’s expectations. For the first quarter, Netflix reported adjusted EPS of $3.75 on $7.16 billion in revenue. Both numbers beat...
-
Chewy's Q4 Beat Shows Strength In Pet Market, Says Bullish BofA
Wednesday, March 31, 2021 - 12:48pm | 259Read More...Chewy Inc (NYSE: CHWY) beat revenue and earnings estimates for the fourth quarter, backed by continued momentum in pet spending, according to BofA Securities. The Chewy Analyst: Nat Schindler maintained a Buy rating on Chewy with an unchanged $133 price target. The Chewy Takeaways:...
-
4 Secular Growth Stock Ideas: Chewy, Amazon, Alphabet, Equinix
Tuesday, March 9, 2021 - 3:58pm | 710Read More...Growth stocks have been outperforming value stocks for almost the entire last decade. Yet with stocks at all-time highs, many growth stocks now have stretched valuations. Those steep earnings and sales multiples aren’t necessarily a problem as long as the companies keep delivering the growth...
-
Netflix Is Now A Free Cash Flow Story: Analysts React To Q4 Earnings
Wednesday, January 20, 2021 - 12:30pm | 668Read More...Netflix, Inc. (NASDAQ: NFLX) shares jumped more than 14% on Wednesday morning after the company reported better-than-expected subscriber growth in the fourth quarter and indicated it could launch a share buyback program. Netflix reported $1.19 in adjusted fourth-quarter EPS, missing consensus...
-
3 Stocks That Could Make You Richer In December
Friday, December 4, 2020 - 9:01am | 538Read More...The S&P 500 gained more than 11% in November, its best November on record. After such a strong month and impressive 2020 rebound off the index's March lows, much of the easy money from the expected 2021 economic rebound may have already been made. Bank of America maintains a list of top...
-
Netflix Analysts Positive On 2021 Lineup, Pricing Power Despite Subscriber Miss
Wednesday, October 21, 2020 - 12:18pm | 704Read More...Netflix shares fell after the streaming company reported lower-than-expected subscriber growth and earnings per share Tuesday. Netflix Analysts On Subscriber Growth: Netflix Inc (NASDAQ: NFLX) reported 2.2 million net subscriber adds in the third quarter against guidance of 2.5 million...
-
BofA Says Netflix's September Churn Higher, Downloads Lower
Friday, October 2, 2020 - 12:06pm | 418Read More...The controversy over the release of “Cuties” on Netflix Inc (NASDAQ: NFLX) has led to some uncertainty around churn and subscription numbers for the company. The Netflix Analyst: BofA Securities analyst Nat Schindler maintains a Buy rating on Netflix with a $575 price...
-
Netflix Analyst: #CancelNetflix Campaign Makes September A Key Month
Wednesday, September 16, 2020 - 11:52am | 409Read More...Netflix Inc (NASDAQ: NFLX) shares are down 6.5% so far in September, in part due to the #CancelNetflix campaign triggered by the controversial French movie “Cuties.” Netflix’s monthly churn increased slightly in August, but September will be the most important month of the quarter...
-
Carvana's Production Capacity Unlikely To Take Off Until 2021, BofA Says In Downgrade
Friday, August 7, 2020 - 12:12pm | 341Read More...While Carvana Co (NYSE: CVNA) seems well-positioned to sustain strong growth in the long term, the stock has limited near-term upside due to its valuation and the company's capacity restraints, according to BofA Securities. The Carvana Analyst: Nat Schindler downgraded Carvana from...
-
What To Make Of Netflix's Q2 Earnings, Subscriber Growth And Valuation
Friday, July 17, 2020 - 10:40am | 856Read More...Netflix Inc (NASDAQ: NFLX) shares traded down on Friday after the streaming video giant missed the market with its second-quarter earnings report on Thursday afternoon. Netflix reported EPS of $1.59, missing analyst expectations of $1.81. Revenue for the quarter was $6.15 billion, ahead...
-
BofA Says Vroom's Growth Prospects Are Already Priced In
Monday, July 6, 2020 - 11:00am | 356Read More...The spike in Vroom Inc’s (NASDAQ: VRM) stock from an IPO price of $22 less than a month back suggests that the company’s strong near-term potential is already priced in, according to BofA Securities. The Vroom Analyst: Nat Schindler initiated coverage of Vroom with a Neutral rating and...
-
Will Amazon Or Netflix Buy A Movie Theater Chain?
Friday, June 26, 2020 - 6:29pm | 520Read More...AMC Entertainment Holdings Inc (NYSE: AMC) has experienced major volatility in recent weeks on rumors that Amazon.com, Inc. (NASDAQ: AMZN) is potentially interested in a buyout of the popular movie theater chain. On Friday, BofA Securities analyst Nat Schindler said a theater buyout...
















