-
Ibotta Has 'Significant Revenue Upside': 4 Analysts Begin Coverage
Monday, May 13, 2024 - 12:37pm | 517Shares of Ibotta Inc (NYSE:IBTA) were climbing in early trading on Monday, less than a month after its initial public offering (IPO). Needham analyst Bernie McTernan initiated coverage with a Buy rating and price target of $125. BofA Securities analyst Curtis Nagle began coverage with a Buy rating...
-
Unity Software Disappoints In Q1, 4 Analysts Provide Input On What To Expect In 'Back Half' Of 2024
Friday, May 10, 2024 - 11:28am | 579Shares of Unity Software Inc (NYSE:U) tanked in early trading on Friday, after the company reported mixed results for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst Bernie McTernan maintained a Buy rating and price target...
-
Lyft Enjoys 'Continued Momentum': 3 Analysts Examine Q1 Earnings, Outlook Ahead Of Investor Day
Wednesday, May 8, 2024 - 11:52am | 508Shares of Lyft Inc (NASDAQ:LYFT) were climbing in early trading on Wednesday, after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan analyst Doug Anmuth reaffirmed a Neutral rating while lifting the...
-
Penn Entertainment Focuses On 'Where The Puck Has Been Rather Than Where It's Going': 5 Analysts Size Up Q1 Results, Sports Betting Segment
Friday, May 3, 2024 - 4:12pm | 810Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported first-quarter financial results that came in lower than analysts' estimates. Here's what analysts are saying after the report. Needham analyst Bernie McTernan has a Buy rating and lowers the price target from $32 to $26....
-
DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
Friday, May 3, 2024 - 2:55pm | 771Sports betting company DraftKings Inc (NASDAQ:DKNG) reported first-quarter revenue and earnings per share that beat analysts' estimates. Analysts share their reaction to the report and DraftKings' raised full-year guidance: Truist analyst Barry Jonas has a Buy rating and $55 price target. Bank of...
-
Unity Software Downgraded On Heels Of Portfolio Reset, 5 Analysts Provide Key Takeaways
Tuesday, February 27, 2024 - 11:42am | 675Shares of Unity Software Inc (NYSE: U) tanked in early trading on Tuesday, after the company reported a higher-than-expected loss for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler analyst Brent Bracelin...
-
DraftKings Stock Hits 52-Week Highs: 7 Analysts Size Up Jackpocket Acquisition, Q4 Results, Future Growth
Friday, February 16, 2024 - 2:01pm | 1009Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Analysts size up the earnings result and future of the company. BMO Capital analyst Brian J. Pitz has an Outperform rating and raises the price target from $43 to $51. Stifel...
-
Penn Entertainment Analysts Say ESPN Bet Sportsbook In Early Innings: 'Building A Business Takes Time And Money'
Friday, February 16, 2024 - 1:43pm | 897Casino and sports betting company PENN Entertainment Inc (NASDAQ:PENN) reported fourth-quarter financial results before market open Thursday. Here's a look at what analysts are saying after the report and the future growth of ESPN Bet. The Penn Analysts: Macquarie analyst Chad Beynon had an...
-
Uber Aims To Gain Speed, 'Struck Right Tone': 7 Analysts Provide Investor Day Takeaways
Thursday, February 15, 2024 - 11:45am | 816Shares of Uber Technologies Inc (NYSE: UBER) rose sharply on Wednesday, after the company announced the share repurchase of up to $7 billion. Last week, the ride-sharing giant announced its fourth-quarter results amid an exciting earnings season. Here are some key analyst takeaways from the company...
-
Is Airbnb 'Reinventing' Itself With AI? 11 Analysts Deep Dive Into Q4 Results, Outlook
Wednesday, February 14, 2024 - 2:19pm | 1286Shares 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...
-
Lyft's Stock Soars On Stellar Q4 Results: Analysts Range From Cautious To Optimistic
Wednesday, February 14, 2024 - 1:09pm | 854Shares of Lyft Inc (NASDAQ: LYFT) climbed in early trading on Wednesday, after the company reported upbeat results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Truist Securities On Lyft Analyst Youssef Squali...
-
Roblox Bookings Growth Stands Out; These 4 Analysts Deep Dive Into Q4 Print
Thursday, February 8, 2024 - 12:17pm | 524Shares of Roblox Corp (NYSE: RBLX) rose slightly in premarket trading on Thursday, after the San Mateo, California-based company reported strong fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Roth Capital Partners...
-
DraftKings Analyst Turns Bullish As Competition Risk Falls: 'Finally Time To Take The Over'
Friday, January 19, 2024 - 3:08pm | 594Sports betting operator DraftKings Inc (NASDAQ:DKNG) received an upgrade from Stifel analyst Jeffrey A. Stantial. The move comes amid the NFL playoffs and ahead of Super Bowl LVIII. The DraftKings Analyst: Stantial upgraded shares of the Boston-based company from Hold to Buy. He also raised the...
-
Sports Betting Weekly Wrap: NFL Playoff Race Heats Up, Pistons Streak Hits 28 Losses, Bettor Turns $5 Into Nearly $500K And More
Friday, December 29, 2023 - 3:38pm | 901Here's a look at the top stories for the week, top bets cashed and what's next in the world of sports betting. NFL Playoff Race Heats Up: NFL Week 17 is here, with all 32 teams playing and several playoff spots still to be decided. The Cleveland Browns won the Thursday Night Football matchup...
-
Travis Kelce's Chiefs Among Upset NFL Favorites: DraftKings Scores Big Over Christmas Weekend, Bettors Left Out In The Cold
Tuesday, December 26, 2023 - 4:00pm | 718Week 16 of the National Football League season saw two key matchups air on Saturday, Dec. 23 and three games on Monday, Dec. 25, adding to the full lineup of games Sunday and stretching primetime matchups for media companies and sports bettors. One analyst highlights how sportsbooks may have...