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Why This PayPal Analyst Cut Price Target Ahead Of Q1 Results
Monday, April 14, 2025 - 12:36pm | 272PayPal Holdings Inc's (NASDAQ:PYPL) first-quarter results are "unlikely to be positive catalyst, according to BofA Securities. The PayPal Holdings Analyst: Analyst Jason Kupferberg reiterated a Buy rating, while cutting the price target from $103 to $93. The PayPal Holdings Thesis: While the...
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Block Q4 Earnings Preview: Analyst Says Bitcoin, Trump Factor Could Boost Growth
Thursday, February 20, 2025 - 3:15pm | 678Financial technology company Block Inc (NYSE:XYZ) could highlight its growth across several sectors along with its place in the cryptocurrency ecosystem when the company reports fourth-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect Block to report fourth-...
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Visa Faces Continued Softer Macro Trends: These 7 Analysts Dive Into Q3 Results
Wednesday, July 24, 2024 - 12:23pm | 824Visa Inc (NYSE:V) shares tanked in early trading 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. Piper Sandler On Visa Analyst Arvind Ramnani maintained an Overweight rating while...
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PayPal Stock Dives After Q4 Earnings: Management 'Set A Low Bar' For 2024, Says Analyst
Thursday, February 8, 2024 - 3:26pm | 931PayPal Holdings Inc (NASDAQ: PYPL) shares tanked in early trading on Thursday, even after the company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler On PayPal Holdings...
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ADP Analyst Upgrades Stock Before Q2 Earnings, But Still Favors Visa And Mastercard
Wednesday, January 17, 2024 - 12:56pm | 377Shares of Automatic Data Processing Inc (NASDAQ: ADP) have been in focus, with the company gearing up to report its financial results on Jan. 31, especially after receiving several forecast cuts after the previous earnings season. The stock “lagged heavily” in 2023, underperforming the...
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BofA Rethinks Payroll: ADP And Paychex Downgraded, Top 3 Stock Picks For Investors Revealed
Monday, April 3, 2023 - 11:24am | 423Shares of Paychex, Inc. (NASDAQ: PAYX) spiked last week, after the company reported upbeat third-quarter revenue and earnings. The stock rally was surprising, especially since the company indicated limited scope for improvement in both employment and interest rates, according to BofA Securities....
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4 Block Analysts Offer Q4 Print Insights: Solid Results, Encouraging Profit Metrics
Friday, February 24, 2023 - 10:47am | 503Shares of Block Inc (NYSE: SQ) climbed during Friday’s premarket session on fourth-quarter results. Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating and price target of $150. Needham analyst Mayank Tandon maintained a Buy rating, while raising the price target from $80 to $95....
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Coinbase Downgraded Due To Murky Crypto Market: 'Run-Rate Warrants Caution For 2023'
Wednesday, January 11, 2023 - 1:22pm | 392Coinbase Global Inc (NASDAQ: COIN) shares traded lower by 3.7% on Wednesday after one Wall Street analyst threw in the towel on the beaten-down stock. The Analyst: Bank of America analyst Jason Kupferberg downgraded Coinbase from Neutral to Underperform and cut his price target from $50 to $35. The...
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BofA Is No Longer Bullish On Coinbase: 'Fallout From FTX Clouds Outlook'
Friday, November 18, 2022 - 11:56am | 420Coinbase Global Inc (NASDAQ: COIN) traded lower by 4.9% on Friday after the stock was hit by a Wall Street analyst downgrade. The Coinbase Analyst: Bank of America analyst Jason Kupferberg downgraded Coinbase from Buy to Neutral and cut her price target from $77 to $50. The Coinbase Takeaways: In...
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Why Elliott Management's PayPal Stake, New CFO Are Turning This Analyst Bullish
Wednesday, August 31, 2022 - 11:59am | 271PayPal Holdings Inc (NASDAQ: PYPL) holds the potential for upside to consensus estimates that's driven by additional cost efficiencies and share buybacks, according to a BofA Securities analyst. The PayPal Holdings Analyst: Jason Kupferberg upgraded PayPal Holdings from Neutral to Buy and...
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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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PayPal Analysts Increase Price Targets Following Earnings Report, Elliott Management's $2B Investment
Wednesday, August 3, 2022 - 11:48am | 1071Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future. The PayPal Analysts: After PayPal said second-quarter revenue increased...
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4 Coinbase Analysts On Q1 Earnings, Stock Plummet: Projections Include Short-Term Crypto Winter, Long-Term Growth
Wednesday, May 11, 2022 - 2:54pm | 575Cryptocurrency trading platform Coinbase Global Inc (NASDAQ: COIN) reported first-quarter financial results Tuesday. Analysts shared their takes on the company as shares hit new 52-week lows after the print. The Coinbase Analysts: Bank of America analyst Jason Kupferberg has a Buy rating on...
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3 Block Analysts React To Q1 Earnings Miss, Cash App Growth, Bitcoin Weakness
Friday, May 6, 2022 - 2:20pm | 429Block Inc (NYSE: SQ) reported a first-quarter earnings miss driven by a sharp downturn in Bitcoin (CRYPTO: BTC) revenue. On Thursday, Block reported first-quarter adjusted EPS of 18 cents on $4 billion in revenue. Both numbers missed consensus analyst estimates of 20 cents and $4.1 billion,...
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Buy, Sell Or Hold? Netflix, PayPal And The 6 Worst-Performing Stocks Of 2022
Friday, April 29, 2022 - 12:39pm | 931The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year. The threat of sharply rising interest rates and a slowdown in...