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PayPal Q3 Is 'All About' New CEO's Vision: 5 Analysts Explore Earnings, Prospects
Thursday, November 2, 2023 - 11:14am | 627Shares of PayPal Holdings Inc (NASDAQ: PYPL) rose in early trading on Thursday, after the company reported its third-quarter (Q3) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler analyst Kevin Barker reiterated...
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Block's Stock Crashes Even After Beat-And-Raise Quarter, 5 Analysts Deep Dive Into Print
Friday, August 4, 2023 - 11:38am | 556Shares of Block Inc (NYSE: SQ) tanked in early trading on Friday, even after the company’s beat and raise quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Needham analyst Mayank Tandon maintained a Buy rating, while...
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Robinhood Markets Is A 'Category Killer': Analysts' Positive Take On Q1 Earnings
Thursday, May 11, 2023 - 10:40am | 378Shares of Robinhood Markets Inc (NASDAQ: HOOD) were climbing on Thursday after the company reported better-than-expected quarterly revenues. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Mizuho Securities On Robinhood Markets...
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PayPal Shows Progress Being Made For Growth, Could Have EPS Upside With Conservative Guidance: What 7 Analysts Are Saying
Friday, February 10, 2023 - 2:00pm | 1027Digital payments company PayPal Holdings (NASDAQ: PYPL) reported fourth-quarter financial results after market close on Thursday. Here’s what analysts are saying about the company’s results and guidance. The PayPal Analysts: Needham analyst Mayank Tandon had a Hold rating on PayPal...
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Why Mizhuo Analyst Thinks Crypto Bulls Are Better Off Owning Bitcoin Than Coinbase In Post-FTX Market
Friday, December 16, 2022 - 10:24am | 536Dan Dolev, a senior analyst at Mizuho, said that it's more beneficial to own Bitcoin (CRYPTO: BTC) than to own shares of Coinbase (NASDAQ: COIN) in the wake of the FTX collapse. What Happened: Dolev was speaking to CNBC on "How to survive crypto winter," noting that he would...
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After FTX Collapse, 'Crypto Is Dead' And Coinbase 'A Waste Of Time:' Mizuho Analyst
Monday, November 28, 2022 - 7:27am | 333Dan Dolev, a Mizuho Americas analyst, believes that crypto may be finished after the recent troubles at FTX (CRYPTO: FTT), a bankrupt crypto exchange. What Happened: Dolev said in an interview with CNBC that he thinks “crypto is dead” and “investing in Coinbase (NASDAQ...
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High Interest Rates Bad News For Upstart And Affirm — What Investors Need To Know Ahead Of Earnings
Tuesday, November 8, 2022 - 2:52pm | 608With consumers becoming more aware of their spending habits in times of economic contraction and rising prices, companies built around personal lending can expect to experience hard times. Upstart Holdings Inc (NASDAQ: UPST) and Affirm Holdings Inc (NASDAQ: AFRM) are releasing their...
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Coinbase Customers Are 'HODLing' While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings
Friday, November 4, 2022 - 1:39pm | 664Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN). Here's the latest on what the company's user base and focus on costs mean for shares. The Coinbase Analysts: JMP Securities analyst Devin Ryan has an Outperform rating on Coinbase with a $...
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4 SoFi Technologies Analysts On Q3 Earnings In 'Challenging Interest Rate Environment'
Wednesday, November 2, 2022 - 11:51am | 566SoFi Technologies Inc (NASDAQ: SOFI) Tuesday reported higher-than-expected third-quarter earnings. Here's the latest from the Street on the lending stock. Keefe, Bruyette & Woods On SoFi Technologies Analyst Michael Perito reaffirmed a Market Perform rating with a price target of $6....
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Why This Upstart Analyst Believes There Is More Pain Ahead
Tuesday, October 25, 2022 - 11:07am | 214Although Upstart Holdings Inc. (NASDAQ: UPST) stock has lost 95% from its peak share price, there is likely to be more pain in the coming quarters, according to Mizuho Securities. The Upstart Holdings Analyst: Dan Dolev initiated coverage of Upstart Holdings with an Underperform rating and a price...
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4 Affirm Holdings Analysts Offer Takes On Quarter: Company Having 'Economic And Credit Cycle Turbulence'
Friday, August 26, 2022 - 1:15pm | 583Affirm Holdings Inc (NASDAQ: AFRM) reported $364.1 million in sales for its fiscal fourth quarter, beating the consensus estimate of $355 million in sales. The company, meanwhile, reported a loss of 65 cents per share, significantly worse than Street expectations of a loss of 58 cents per share....
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4 Coinbase Analysts Have Mixed Feelings On Q2 Earnings: Are There Glimmers Of Hope?
Wednesday, August 10, 2022 - 12:46pm | 592Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second-quarter financial results after market close Tuesday. Here’s what analysts are saying about the company, the crypto bear market and what’s ahead. The Coinbase Analysts: Bank of America analyst Jason Kupferberg...
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3 Analyst Takeaways After SoFi Technologies Touts Q2 Revenue Is Up More Than 50% YoY
Wednesday, August 3, 2022 - 12:33pm | 417SoFi Technologies Inc. (NASDAQ: SOFI) reported second-quarter (Q2) revenue of more than $356 million. That's up 50.1% year-over-year, beating analyst projections by $11.62 million. BofA Securities on SoFi Technologies Analyst Mihir Bhatia reiterated a Neutral rating and price target of $8. SoFi...
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Why Coinbase's NFT Foray Could Prove Costly For Crypto Exchange
Tuesday, April 5, 2022 - 1:07pm | 354Coinbase Global Inc. (NASDAQ: COIN) announced in October it is entering the non-fungible marketplace. An analyst at Mizuho Securities sees the proposed plan as one that could eventually prove costly. The Coinbase Analyst: Analyst Dan Dolev has a Neutral rating on Coinbase shares and...
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Block Stock Slides Through Key Support, But Here's Why A Bounce Looks Imminent
Friday, February 18, 2022 - 6:03pm | 678Block Inc (NYSE: SQ) was sliding more than 6% lower on Friday after breaking through an important psychological support zone at the $100 level. The financial services and digital payments company has been severely beaten down since reaching an all-time high of $289.23 on Aug. 5, 2020,...