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5 Peloton Analysts Break Down Q1 Sales Miss From Pandemic Stock Favorite
Friday, November 4, 2022 - 10:33am | 582Peloton Interactive Inc (NASDAQ: PTON) Thursday reported its quarterly results, missing earnings by a wide margin. Here's what the Street has to say. Morgan Stanley On Peloton Interactive Analyst Lauren Schenk maintained an Equal-Weight rating while lowering the price target from $8...
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Uber Not Seeing Consumer Slowdown, Analyst More Convinced Of Profitability Target After Q3 Earnings
Wednesday, November 2, 2022 - 12:44pm | 589Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter. Here’s what analysts said after earnings. The Uber Analysts: RBC Capital analyst Brad Erickson had an Outperform rating and a price target of $46. JMP Securities analyst...
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2023 An 'Investment Year' For Meta Platforms: Why These 6 Analysts Are Lowering Price Targets After Q3 Earnings
Thursday, October 27, 2022 - 11:58am | 859Analysts are lowering their price targets on Meta Platforms (NASDAQ: META) after the company reported third-quarter financial results Wednesday. Here’s what analysts are saying about the company’s growth and high spending on the metaverse sector. The Meta Platforms Analysts: Goldman...
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11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
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7 Snap Analysts On Q3 Sales Miss: 'Meaningful Competition From TikTok'
Friday, October 21, 2022 - 4:19pm | 752Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers. On Thursday, Snap reported third-quarter adjusted EPS of 8 cents, beating analyst estimates of a break-even quarter. Snap's $1.13 billion in revenue for the...
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5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'
Wednesday, August 31, 2022 - 12:01pm | 742Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff. Snap CEO Evan Spiegel told employees via a memo on Tuesday that the company needs to restructure its...
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Can PubMatic Weather Macro Issues? Analysts Remain Bullish Citing Potential Growth Opportunities
Tuesday, August 9, 2022 - 11:58am | 568Here is what analysts are saying about digital advertising company PubMatic Inc. (NASDAQ: PUBM), which just reported second-quarter financial results, and beat consensus earnings per share and revenue estimates. The PUBM Analysts RBC Capital analyst Matthew Swanson has an Outperform rating and a...
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4 Analyst Takeaways From Upstart's Earnings Call Following 2Q Results
Tuesday, August 9, 2022 - 11:22am | 532Upstart Holdings Inc (NASDAQ: UPST) reported total revenue of $228 million for the second quarter, up 18% year-on-year. The company’s results were broadly in-line with its preannouncement in July. Piper Sandler On Upstart Holdings Analyst Arvind Ramnani maintained a Neutral rating, while...
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7 Meta Platforms Analysts Talk Q2 Weakness In Advertising, Risk-Reward And Long-Term Growth For Reels
Thursday, July 28, 2022 - 1:46pm | 916Analysts are sizing up Wednesday's second-quarter earnings report from Meta Platforms that cited weaker advertising spending and several macro headwinds for the social media platform. Could growth of Reels be enough to offset revenue declines? The Meta Platforms Analysts: RBC...
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These 7 Analysts Have Very Different Takeaways From Alphabet's Q2 Print
Wednesday, July 27, 2022 - 1:10pm | 789Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....
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8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'
Friday, July 22, 2022 - 2:58pm | 916Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...
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A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off
Tuesday, May 24, 2022 - 12:53pm | 872Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...
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Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth
Wednesday, May 11, 2022 - 3:00pm | 613Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off. Here is what analysts are saying about the quarterly report. The Peloton Analysts: Bank of America...
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Why This Analyst Remains Bullish On Upstart Holdings, While Others Cut Their Ratings
Tuesday, May 10, 2022 - 11:42am | 458Upstart Holdings Inc (NASDAQ: UPST) reported better-than-expected first-quarter results on Monday after the bell. However, shares of the AI consumer lending company tumbled more than 40% as management slashed the 2022 revenue forecast to $1.25 billion. Piper Sandler On Upstart Holdings: Analyst...
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'Difficult Environment And Tough Comps': Google Analysts React To Disappointing Earnings Report
Wednesday, April 27, 2022 - 3:59pm | 582Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded lower by 3% on Wednesday after the tech giant reported an earnings miss and disappointed the market with its YouTube numbers. On Tuesday, Alphabet reported first-quarter adjusted EPS of $24.62 on revenue of $68.01 billion. Both numbers fell...