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MicroStrategy Is A 'Lever For The Believer,' Says Mizuho, Initiates Coverage On Bitcoin's Levered Play With An 'Outperform' Rating
Thursday, January 30, 2025 - 8:54am | 794MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings as compared to share dilution, says Mizuho as it describes the company’s play on the cryptocurrency as the “Lever for the Believer” in its note dated Jan....
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Affirm Holdings Selloff Is 'Baffling': Analysts Dive Into Financial Results
Thursday, May 9, 2024 - 11:53am | 680Shares of Affirm Holdings Inc (NASDAQ:AFRM) were climbing in early trading on Thursday, after dropping more than 9% on Wednesday, after the company reported its fiscal third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Affirm...
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Robinhood Analysts 'Pleasantly Surprised' By Crypto Volume, Q2 Start: 'We See A Number Of Reasons To Be Positive'
Thursday, May 9, 2024 - 11:25am | 987Stock and cryptocurrency trading platform company Robinhood Markets Inc (NASDAQ:HOOD) reported first-quarter financial results after market close Wednesday. Analysts react to the revenue and earnings per share beat and what's next for the company. The Robinhood Analysts: Piper Sandler analyst...
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Block Reports Blockbuster Results, Raises Guidance: Analysts Talk Square, Cash App, More
Friday, May 3, 2024 - 11:32am | 868Block Inc (NYSE:SQ) shares up on Friday, after the company reported upbeat results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. JPMorgan On Block Analyst Tien-tsin Huang maintained an Overweight rating and price...
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5 PayPal Analysts Praise 'Solid' Q1 Earnings: 'Nice To See Dollar Growth Turn Positive' (UPDATED)
Wednesday, May 1, 2024 - 4:01pm | 679Editor’s Note: The description of PayPal’s stock movement has been updated for accuracy and tone. Shares of PayPal Holdings Inc (NASDAQ:PYPL) were trading lower on Wednesday after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are...
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Visa Delivers 'Solid' Earnings Beat, 6 Analysts Provide Key Takeaways: 'Blame Easter For Softer Trends'
Wednesday, April 24, 2024 - 2:22pm | 799Shares of Visa Inc (NYSE:V) were climbing in early trading on Wednesday, after the company reported an earnings beat for its fiscal second quarter. Here are some key analyst takeaways from the release. Goldman Sachs analyst Will Nance reiterated a Buy rating, while raising the price target from $...
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Block's Growth Fueled by Cash App Expansion, Square Ecosystem Focus, Says Analyst
Wednesday, April 10, 2024 - 2:14pm | 551Mizuho analyst Dan Dolev maintained Block Inc (NYSE:SQ) with a Buy and raised the price target from $99 to $106. As per Dolev, reinvigorated management focus on the Cash App and Square ecosystems could drive a meaningful upside to the 2024 guide. The analyst flagged four...
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Block Re-Focuses On Cash App, 8 Analysts Provide Their Takeaways From Q4 Results
Friday, February 23, 2024 - 12:13pm | 904Block Inc (NYSE: SQ) Thursday reported its fourth-quarter results and issued full-year guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Keefe, Bruyette & Woods analyst Vasundhara Govil maintained a Market Perform rating, while...
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Robinhood Delivers 'Solid End To 2023': 5 Analysts Comment On Q4 Print, Outlook
Wednesday, February 14, 2024 - 11:01am | 620Shares of Robinhood Markets Inc (NASDAQ: HOOD) gained in premarket trading on Wednesday, after the company’s upbeat results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. KeyBanc Capital Markets analyst Alex...
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Affirm's Guidance Implies Slowdown In GMV Growth: 7 Analysts Examine Q2 Print
Friday, February 9, 2024 - 1:12pm | 952Shares of Affirm Holdings Inc (NASDAQ: AFRM) came under pressure in early trading on Friday, after rising sharply on the company’s upbeat results for the fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper...
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Why Coinbase Global Stock Is Up Today
Friday, December 22, 2023 - 1:08pm | 297Coinbase Global, Inc. (NASDAQ: COIN) shares are trading higher Friday after two analysts raised their price targets on the stock. The Details: JMP Securities analyst Devin Ryan maintained Coinbase Global with a Market Outperform and raised the price target from $107 to $200. Ryan highlighted...
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Affirm's Strategy Could Evolve Beyond Walmart Deal Towards Full Financial Services, Says Bullish Analyst
Wednesday, December 20, 2023 - 4:16pm | 332Shares of Affirm Holdings Inc (NASDAQ: AFRM) have been climbing after the company announced the extension of its partnership with Walmart Inc (NYSE: WMT). The focus is likely to shift from BNPL and partnerships like Walmart to Affirm becoming "a full-fledged financial services firm with direct...
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Robinhood's Mixed Bag: 3 Analysts Weigh In Following Q3 Earnings
Thursday, November 9, 2023 - 3:25pm | 719Robinhood Markets Inc (NASDAQ: HOOD) reported mixed third-quarter financial results this week. Following the report, one analyst took a somewhat bullish stance, one remained neutral and one was negative. Here's a look at what the three analysts had...
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Affirm Holdings Boosts Profits Despite Choppy Macro: 5 Of 6 Analysts Revise Forecasts Post-FQ1
Thursday, November 9, 2023 - 1:21pm | 587Shares of Affirm Holdings Inc (NASDAQ: AFRM) were rallying on Thursday, along with some other popular stocks. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities On Affirm Holdings Analyst Andrew Jeffrey maintained a...
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Robinhood CEO Vlad Tenev Is Optimistic About Bitcoin ETFs: 'People Are Interested In Ways To Diversify'
Wednesday, November 8, 2023 - 12:14am | 473Vlad Tenev, CEO of Robinhood Markets Inc (NASDAQ:HOOD), expressed optimism about the future of Bitcoin (CRYPTO: BTC) and the potential for a Bitcoin ETF during the company’s Tuesday earnings call. What Happened: In response to a question from Dan Dolev, Mizuho Securities analyst...