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Airbnb Invests 'For Growth While Consumer Slows'; 6 Analysts Cut Forecasts After Q2 Results
Wednesday, August 7, 2024 - 12:24pm | 1178Airbnb Inc (NASDAQ:ABNB) shares tanked in early trading on Wednesday, after the company reported downbeat second-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan analyst Doug Anmuth reiterated a Neutral rating, while reducing the...
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Meta Platforms 'In Rarified Air' With Scale, Growth, Profitability: 12 Analysts Size Up Q2 Results, How 'Zuck Won AI Bingo Before The Game Started'
Thursday, August 1, 2024 - 1:36pm | 1364Meta Platforms Inc (NASDAQ:META) gets higher price targets from analysts on the strength of its artificial intelligence initiatives, though with some concerns about higher spending, after reporting second-quarter financial results that beat estimates. The Meta Platforms Analysts: KeyBanc analyst...
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Spotify Smashes Gross Margin Guidance, Analysts Expect 'Continued Momentum'
Wednesday, July 24, 2024 - 12:34pm | 603Shares of Spotify Technology SA (NYSE:SPOT) climbed in early trading on Wednesday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating,...
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Netflix 'Positively Positioned For Operating Momentum': Analyst Sees 'Normalization Of Streaming Wars'
Tuesday, July 9, 2024 - 10:49am | 630Streaming giant Netflix Inc (NASDAQ:NFLX) is set to report second-quarter financial results after market close July 18. A leading analyst sizes up Netflix's growth story going forward and how the competition stacks up in the streaming sector. The Netflix Analyst: Goldman Sachs analyst Eric Sheridan...
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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...
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Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are Optimistic About Outlook
Friday, May 10, 2024 - 10:50am | 524Roblox Corp (NYSE:RBLX) shares recovered slightly in early trading on Friday, after tanking in the previous session on the company’s weak outlook. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Roblox Analyst Eric Sheridan maintained a...
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Airbnb Stock Plummets As JPMorgan Analyst Praises 'Solid Q1, Stable Q2, Acceleration In Q3'
Thursday, May 9, 2024 - 10:54am | 834Shares of Airbnb Inc (NASDAQ:ABNB) declined by 7.69% to $147.75 in the premarket session on Thursday and continued to tank after the house-rental company reported first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan analyst Doug...
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Can Reddit's Solid Momentum Continue? Analysts Say Social Media Company With 'Robust Business Model' Has 'Continued Strong User Growth'
Wednesday, May 8, 2024 - 12:52pm | 541Reddit Inc (NYSE:RDDT) shares were climbing in early trading on Wednesday, after the company reported strong first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Reddit Analyst Justin Post reaffirmed a Neutral rating while...
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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...
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Etsy Is 'Caught Between Maintaining Margins And Spurring Growth,' 6 Analysts Dive Into Q1 Results
Thursday, May 2, 2024 - 12:03pm | 777Shares of Etsy Inc (NASDAQ:ETSY) tanked in early trading on Thursday, after the company reported downbeat results for its first quarter. Here are some key analyst takeaways from the release. Goldman Sachs analyst Eric Sheridan maintained a Neutral rating, while reducing the price target from $80...
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8 Analysts Size Up Amazon's Q1 Results, AWS Opportunity: 'Likely The Biggest Winner In AI'
Wednesday, May 1, 2024 - 1:28pm | 1130E-commerce giant Amazon.com Inc (NASDAQ:AMZN) reported first-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts react to the report and updated guidance from the company. The Amazon Analysts: Bank of America analyst Justin Post had a Buy rating...
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Pinterest Shifts To A 'Higher Gear Of Growth': Analysts Raise Forecasts After Q1 Results
Wednesday, May 1, 2024 - 12:18pm | 710Pinterest Inc (NYSE:PINS) shares were climbing in early trading on Wednesday after the company reported higher-than-expected results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On Pinterest Analyst...
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Alphabet's Blockbuster Results Highlight Its Transition From AI Laggard To Going 'On The Offensive': 11 Analysts Revise Forecasts After Q1 Results
Friday, April 26, 2024 - 2:02pm | 1327Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares were climbing on Friday after the company reported its first-quarter results amid a lot of hype around the AI revolution. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On...
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Snap Investors Celebrate Q1 Earnings, But Analysts Aren't Ready To Party Just Yet: 'The Most Expensive Name In Social'
Friday, April 26, 2024 - 12:46pm | 1130Snap Inc (NYSE:SNAP) shares were climbing Friday after the company reported higher-than-expected earnings for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On Snap Analyst Eric Sheridan reiterated a Neutral...
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Spotify Demonstrates Robust Financial Health With Impressive Q1 Revenue, Margin Improvements: Analyst
Tuesday, April 23, 2024 - 2:08pm | 354Goldman Sachs analyst Eric Sheridan had a Neutral rating on Spotify Technology SA (NYSE:SPOT) with a price target of $277. Spotify reported fiscal first-quarter 2024 revenue growth of 20% year-on-year to $3.95 billion, beating the consensus of $3.85 billion. EPS...