Internet Stocks

A new report from Bank of America highlights over 100 catalysts for the second half of 2024. It gives investors key events and stocks to focus on as major indexes trade near all-time highs. What Happened: As analysts look to set new price targets on market indices for the second half of the year,...

SpaceX's Starlink segment, which offers new ways for consumers to connect to the internet, landed one of its biggest partnerships to date. What Happened: Comcast Business, a subsidiary of Comcast Corporation (NASDAQ:CMCSA), agreed to offer connectivity solutions to its enterprise customers by...

Internet stocks have gotten hit particularly hard by the 2022 stock market sell-off, but Bank of America analyst Justin Post said the market volatility has created some excellent long-term buying opportunities for choosy investors. Post said Wednesday the internet stocks he covers are down an...

Cloud platform company Fastly Inc (NYSE: FSLY) reported second-quarter financial results including a discussion on an outage in June and what's to come for the company. What Happened: Revenue of $85 million for Fastly was up 14% year-over-year. The company’s gross margin fell from 61.7%...

UBS analysts took a deep-dive into internet-themed stocks and updated their thesis on individual stocks where the sell-side firm's risk-reward calculation has shifted to neutral or negative. The UBS internet Analyst: Eric Sheridan downgraded the following names: Chewy Inc (NYSE: CHWY) from...

Yelp Inc (NYSE: YELP) is making changes to its business model but at the expense of near-term metrics, according to Aegis Capital.  The Analyst Aegis Capital Corp's Victor Anthony downgraded Yelp from Hold to Sell with a price target lowered from $45 to $34. The Thesis The bearish...

Facebook Inc (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) are each higher by more than 35 percent over the past year, which begs the question: what level of growth is already priced into the stock today?  The Analyst KeyBanc Capital Markets' Andy Hargreaves maintains an...

Godaddy Inc (NYSE: GDDY) shares were soaring over 10 percent Friday, one day after the company delivered a fourth-quarter sales beat and raised its sales outlook for the full fiscal year.  The Analyst JMP Securities analyst Ronald Josey reiterated a Market Perform rating and raised the price...

Netflix, Inc. (NASDAQ: NFLX) gave a thumping start to the fourth-quarter FANG reporting season, with stellar subscriber growth and in-line earnings. More importantly, the company's first-quarter outlook for earnings, revenues and subscriber additions were all notably above Street estimates,...

After an encouraging two months, the ever-volatile Shutterfly, Inc. (NASDAQ: SFLY) has just about maxed its potential, according to Goldman Sachs.  The stock earned a downgrade Wednesday aligning one analyst with the 20-percent short interest. The Rating Goldman Sachs analyst Christopher...

The internet sector was a major winner throughout 2017 and some Wall Street analysts are expecting more of the same in 2018. The Analyst Citi's Mark May maintained a Buy rating on the following stocks, with price targets revised higher: Amazon.com, Inc. (NASDAQ: AMZN): price target...

Internet stocks suffered a notable pull-back Friday, but an Apple Inc. (NASDAQ: AAPL) downgrade Monday morning merely added to the bearish sentiment. As such, the question fresh on many investors mind: Is now a time to be buyers of internet stocks or sellers? RBC Capital Markets' Mark Mahaney, one...

Free speech is a double-edged sword, and social media and internet companies like Facebook Inc (NASDAQ: FB), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Reddit know all-too-well how sharp that blade can be. But the poster child for online trolling and harassment is Twitter Inc (NYSE: TWTR). For...

2017 is just three days old, yet analysts at RBC Capital Markets have already published a yearly outlook for internet stocks. RBC's Mark Mahaney published a list of 10 potential surprises internet investors should be aware of. Although the analyst acknowledged that these events are "highly...