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Snowflake 'One Of The Most Compelling Stories In Software' Ahead Of Earnings: Analyst
Tuesday, November 19, 2024 - 3:45pm | 422As the software industry nears a crossroads, one industry analyst expressed confidence in a few big names ahead of third-quarter earnings season. The Software Analyst: D.A. Davidson analyst Gil Luria reiterated Buy ratings for Palo Alto Networks Inc (NASDAQ:PANW), Couchbase Inc (NASDAQ:BASE) and...
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Google's Cost Advantage With Custom Chips — Only Nvidia Tops It, Says Analyst
Tuesday, October 29, 2024 - 9:49pm | 734Gil Luria, Managing Director and Senior Software Analyst at D.A. Davidson highlighted Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google’s competitive advantage in the data center sector, emphasizing the company’s in-house chips, which are second only to NVIDIA Corp (NASDAQ:...
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First Foundation Stock Plunges After $228M Fundraise: Regional Bank Has Heavy Commercial Real Estate Exposure
Wednesday, July 3, 2024 - 1:25pm | 653Shares of First Foundation Inc. (NYSE:FFWM), a Texas-based regional bank facing commercial real-estate risks, dropped significantly on Wednesday after it received some badly needed help from a group of investors led by Fortress Investment Group. The stock closed at $6.58 a share on Tuesday but fell...
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5 Lyft Analysts React To Q1 Earnings: 'Uber Seemingly Pulling Away'
Friday, May 5, 2023 - 2:21pm | 602LYFT Inc (NASDAQ: LYFT) shares were tumbling Friday after the company reported disappointing first-quarter numbers as it struggles to keep pace with rival Uber Technologies Inc (NYSE: UBER). On Thursday, Lyft reported adjusted first-quarter EPS of 7 cents, beating consensus analyst estimates...
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Rivian Heads In The Right Direction: Anaysts Lower Price Targets, Remain Cautiously Optimistic
Thursday, November 10, 2022 - 12:29pm | 663Electric vehicle Rivian Automotive (NASDAQ: RIVN) recently shared updates on production on the heels of its third-quarter financial results. Here are the reactions from analysts: Wedbush analyst Daniel Ives has an Outperform rating and lowers the price target from $45 to $37. D.A. Davidson analyst...
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'Neutrality As A Service': How This Analyst Says Rumble Could Win The Social Media, Video Market
Friday, September 9, 2022 - 5:28pm | 519Ahead of its pending merger with CF Acquisition Corp VI (NASDAQ: CFVI), an analyst is calling out Rumble's offering of “neutrality-as-a-service.” The Rumble Analyst: D.A Davidson analyst Tom Forte initiated coverage on Rumble with a Buy rating and $15 price target....
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4 Rivian Analysts On Sales Growth, Widening Losses: Is EV Maker Back On Track After 'Horror Show' IPO?
Friday, August 12, 2022 - 2:59pm | 520Rivian Automotive Inc (NASDAQ: RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected. On Thursday, Rivian reported a second-quarter adjusted EPS loss of $1.62, slightly better than the $1.63...
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Rivian Shares Jump 10% After Reaffirming Production Guidance, But Here's Why Analysts Remain Skeptical
Wednesday, July 6, 2022 - 12:10pm | 522Rivian Automotive Inc (NASDAQ: RIVN) shares traded higher by 13.2% on Wednesday after the company reported impressive production and delivery growth in the second quarter. Rivian produced 4,401 vehicles and delivered 4,467 vehicles in the second quarter. Compared to the first quarter, the second-...
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Lyft Stock Bounces After Q4 Earnings: 5 Top Analysts React To Revenue Beat, Rider Miss
Wednesday, February 9, 2022 - 2:14pm | 543LYFT Inc (NASDAQ: LYFT) shares traded higher by 2.7% on Wednesday after the company reported a fourth-quarter revenue beat despite disappointing rider growth. Lyft reported fourth-quarter adjusted EPS of 9 cents on revenue of $970 million, Both numbers topped the consensus analyst estimate of...
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7 Uber Analysts Break Down Q2 Earnings: 'Risk Is Passing And Stock Oversold'
Thursday, August 5, 2021 - 3:53pm | 698Uber Technologies Inc (NYSE: UBER) shares gained 5.6% on Thursday after the company reported better-than-expected second-quarter revenue and earnings, but said its core business once again generated a half a billion dollar loss. Uber reported a second-quarter adjusted EPS of 58 cents on $3.93...
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Uber Analysts Bullish After Q1 Report: 'Mobility's Recovery Continues To Progress'
Thursday, May 6, 2021 - 4:32pm | 626Uber Technologies Inc (NYSE: UBER) shares traded lower by 6.8% on Thursday morning after the company reported first-quarter revenue that fell short of Wall Street expectations. For the first quarter, Uber reported an adjusted EPS loss of 6 cents, beating consensus analyst estimates of a 54-cent...
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'Line Of Sight To Positive EBITDA': Analysts React To Lyft Earnings
Wednesday, May 5, 2021 - 5:14pm | 489LYFT Inc (NASDAQ: LYFT) shares traded lower by 3.8% on Wednesday after the company reported 7% quarter-over-quarter revenue growth. For the first quarter, Lyft reported an adjusted EPS loss of 35 cents on $609 million in revenue. Both numbers beat consensus analyst estimates of a 53-cent EPS loss...
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Analyst Raises Apple Price Target On 5G, Smartphone Opportunity
Monday, January 13, 2020 - 1:25pm | 323Hype and hope surrounding the emerging 5G market should spur a new round of iPhone growth for Apple Inc. (NASDAQ: AAPL), D.A. Davidson said Monday. The Analyst Tom Forte raised the target price from $300 to $375 and reiterated a Buy rating on Apple's stock. The Thesis Apple can exploit a multi-...
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Sell-Side Remains Cautions On Slack Following Q3 Earnings Beat
Thursday, December 5, 2019 - 11:00am | 655Slack Technologies Inc (NYSE: WORK) reported third-quarter revenue and earnings beats on Wednesday. Slack also guided for fourth-quarter revenue of between $172 million and $174 million, slightly above consensus analyst expectations of $172.4 million. However, Slack also guided for a fourth-quarter...
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What To Make Of Apple Earnings: Wearables, China And Apple TV+
Thursday, October 31, 2019 - 11:18am | 856Apple Inc. (NASDAQ: AAPL) shares traded higher by 2% on Thursday after the company beat earnings and revenue expectations in the fiscal fourth quarter and guided for better-than-expected sales in the critical holiday quarter. Apple reported 18% Services segment growth and 54% revenue growth in...