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ChargePoint Q2, Guidance Miss Expectations, Analysts Say: 15% Layoffs Could 'Create Efficiencies'
Thursday, September 5, 2024 - 12:06pm | 725ChargePoint Holdings Inc (NYSE:CHPT) shares tanked in early trading on Thursday, after the company reported downbeat second-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On ChargePoint Holdings Analyst...
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Travis Kalanick Sued For Fraud By Benchmark Capital, An Early Uber Investor
Thursday, August 10, 2017 - 4:01pm | 419Benchmark Capital filed a lawsuit against former Uber CEO Travis Kalanick Thursday for fraud, breach of contract and breach of fiduciary duty, an attempt by the venture capital firm to boot Kalanick from his seat on the board. The complaint, filed in Delaware Chancery Court and first reported by...
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Is Bitcoin Your Chance To Profit Like A VC?
Thursday, March 20, 2014 - 3:28pm | 990This week, Pantera Bitcoin Partners announced a $150 million joint venture from Venture Capital Firms Fortress Investment Group, Benchmark Capital and Ribbit Capital. They join Union Square Ventures, Andreessen Horowitz, Accel Partners, General Catalyst Partners and Lightspeed Ventures in...
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Akamai and AT&T bid for Israeli Startup Cotendo
Monday, November 28, 2011 - 12:46pm | 193Akamai Technologies (NASDAQ: AKAM) is reportedly in talks to buy Israeli startup Cotendo for more than $300 million. AT&T (NYSE: T), along with Juniper Networks (NASDAQ: JNPR), is also said to be eyeing Contendo. Founded in 2008, Cotendo is a competitor of Akamai, as its products also improve...
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Benchmark Says Daily Deals Space Re-Accelerating
Monday, September 26, 2011 - 12:43pm | 125Benchmark Capital is out with a research report on the daily deals space, and says it is re-accelerating. In a note to clients, Benchmark Capital writes, "A slumping stock market, SEC hurdles, financial reporting changes, a leaked internal email and the COO's resignation may delay Groupon's IPO...
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Benchmark Has Buy on iRobot
Wednesday, September 21, 2011 - 1:07pm | 88Benchmark Capital is out with a research report on iRobot Corporation (NASDAQ: IRBT) and it has a Buy rating and a $40 price target on shares. In a note to clients, Benchmark Capital writes, "We continue to believe iRobot has upside in 2H from improving visibility in Government and conservative...
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Benchmark Comments on Travelzoo
Tuesday, July 19, 2011 - 8:08am | 86Benchmark has published a report on Travelzoo (NASDAQ: TZOO). In the report, Benchmark wrote, "Travelzoo (TZOO Buy, PT $124) is set to report 2Q11 results on Thursday, July 21, before the stock market opens. We estimate Travelzoo could record 44% y/y revenue growth to $40 million, including $10...
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Benchmark Maintains Hold Rating on OpenTable; Reduces EPS Estimate to $0.29 and Revenues to $35M for Q2 2011
Wednesday, July 13, 2011 - 9:29am -
Benchmark Lowering Estimates On OpenTable
Wednesday, July 13, 2011 - 7:58am | 129Benchmark Capital is lowering earnings estimates on OpenTable (NASDAQ: OPEN), but is keeping the Hold rating and $90 price target on shares. In a note to clients, Benchmark Capital writes, "OpenTable appears to be facing more competition domestically from Urbanspoon's RezBook, Livebookings and...
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Benchmark Previews Earnings From Entropic Communications
Wednesday, July 13, 2011 - 7:53am | 128Benchmark Capital is out with a research report on Entropic Communications, Inc. (NASDAQ: ENTR), and it has a Buy rating and a $12 price target on shares. In a note to clients, Benchmark Capital writes, "Regarding 3Q11 guidance, we expect management to guide for sequential revenue growth, perhaps...
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Benchmark Raising Estimates On The Pantry
Wednesday, July 13, 2011 - 7:50am | 228Benchmark Capital is raising its estimates on shares of The Pantry, Inc. (NASDAQ: PTRY). It has a Buy rating and a $24.50 price target on shares. In a note to clients, Benchmark Capital writes, "We increased our EPS estimate for 3Q11 to $1.24, from $0.98, as a sharp decline in fuel prices tends...
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Benchmark Maintains Sell Rating On Oshkosh Corporation
Tuesday, July 5, 2011 - 9:28am | 135Benchmark Capital is maintaining its Sell rating on shares of Oshkosh Corporation (NYSE: OSK), and keeping its $20 price target on shares. In a note to clients, Benchmark Capital writes, "The stock was up more than 15% on Friday on the news. According to the SEC filing, Icahn believes “the shares...
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UPDATE: Benchmark Lowering Price Target On Warnaco Group
Tuesday, July 5, 2011 - 9:20am | 153Benchmark Capital is lowering its price target on shares of Warnaco Group, Inc. (NYSE: WRC) to $60 from $65, but it still has a Buy rating on shares. In a note to clients, Benchmark Capital writes, "We lowered our 2011 EPS estimate to $3.87, from $4.00, though we believe there could be upside...
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Travelzoo Gives Up Early Morning Gains
Wednesday, June 22, 2011 - 1:14pm | 97Travelzoo Inc. (NASDAQ: TZOO) shares have given up their early morning gains, and are now slightly negative on the day. Benchmark Capital analyst Frederick Moran was bullish on the stock in a research note and raised his price target to $124. Moran still has a Buy rating on shares. “Local Deals...
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UPDATE: Benchmark Raises Price Target On Priceline.com Incorporated (PCLN)
Monday, May 2, 2011 - 8:08am | 141Benchmark Capital is raising its price target on shares of Priceline.com Incorporated (NASDAQ: PCLN) to $660, and it has a Buy rating, due to soaring travel demand. In a note to clients, Benchmark writes, "We reiterate our Buy rating on Priceline (PCLN-Buy) and raise our 2011E EPS from $19.00 to $...