-
Adobe Stock Tanks On Disappointing Q4 Guidance: Why These Analysts Say Reaction Was 'Overblown'
Friday, September 13, 2024 - 10:39am | 1096Shares of Adobe Inc (NASDAQ:ADBE) tanked in early trading on Friday, even after the company reported upbeat fiscal third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Matthew Swanson maintained...
-
Oracle Analysts Focus On AI-Driven Bookings Strength, Expect Revenue Acceleration To Continue
Tuesday, September 10, 2024 - 10:54am | 882Shares of Oracle Corp (NYSE:ORCL) climbed in early trading on Tuesday, after the company reported upbeat fiscal first-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities analyst Patrick Walravens upgraded the...
-
Docusign Reports Beat-And-Raise Quarter, But These Analysts Have Some Concerns
Friday, September 6, 2024 - 11:42am | 683Shares of Docusign Inc (NASDAQ:DOCU) were climbing over 3.2% in early trading on Friday, after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Rishi Jaluria...
-
Asana Reports Mixed Q2 Results, Management Guidance 'Disappointing Overall,' Says Analyst, Implies Lower 2H Growth
Wednesday, September 4, 2024 - 2:41pm | 898Asana Inc (NYSE:ASAN) shares tanked in early trading on Wednesday, even after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities On Asana Analyst Patrick Walravens maintained a...
-
SentinelOne Posts Q2 Beat, 6 Analysts Cite Benefits Of CrowdStrike Customer Churn: 'Outage Was A Net Positive'
Wednesday, August 28, 2024 - 11:57am | 946Shares of SentinelOne Inc (NYSE:S) were in the red in early trading on Wednesday, after the company reported mixed fiscal second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. DA Davidson analyst Rudy Kessinger reiterated a...
-
Palo Alto Networks Delivers 'Solid Finish' To Year, 10 Analysts Raise Forecasts
Tuesday, August 20, 2024 - 12:24pm | 1613Palo Alto Networks reported strong earnings and revenue, and analysts are optimistic about its platformization strategy and growth potential. Shares of Palo Alto Networks Inc (NASDAQ:PANW) were climbing in early trading on Tuesday. The company reported its results amid an exciting earnings season....
-
FanDuel's 'Best US Performance' In Q2 Pressures DraftKings To Scrap Surcharge Plan
Wednesday, August 14, 2024 - 11:30am | 1100A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...
-
Robinhood Is Doing 'Everything Right': Analysts Focus On New Products, Traders Taking Market Share From Competitors
Thursday, August 8, 2024 - 10:58am | 644Robinhood Markets (NASDAQ:HOOD) is enjoying strong deposit growth and new products, analysts noted after second-quarter results. Piper Sandler analyst Patrick Moley maintained a Neutral rating and $20 price target. Needham analyst John Todaro maintained a Hold rating and has no price target. JMP...
-
Uber Speeds Past Expectations, Analysts 'Not Seeing Signs Of Consumer Softness'
Wednesday, August 7, 2024 - 4:59pm | 1014Shares of Uber Technologies Inc (NYSE:UBER) were climbing on Wednesday, after the company reported impressive second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities analyst Justin Post reiterated a Buy rating, while raising...
-
Coinbase's Q3 Outlook: Navigating Through Crypto Challenges, Margin Squeeze
Friday, August 2, 2024 - 12:44pm | 531Coinbase Global Inc (NASDAQ:COIN) shares tanked in early trading on Friday. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Coinbase Global Analyst Patrick Moley reiterated a Neutral rating and price target of $245. "Excluding the impact of $...
-
DraftKings Reports Q2 Miss, Analysts Wonder If Surcharges On Winnings Are A 'Gamble'
Friday, August 2, 2024 - 12:43pm | 660Shares of DraftKings Inc (NASDAQ:DKNG) tanked in early trading on Friday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Benchmark analyst Mike Hickey reaffirmed a Buy rating, while cutting the price...
-
10 Amazon Analysts Assess Q2 Earnings: Strong AWS Growth, Retail Challenges
Friday, August 2, 2024 - 12:00pm | 1442Shares of Amazon.com Inc (NASDAQ:AMZN) tanked in early trading on Friday, after the company reporting mixed second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Amazon Analyst Thomas Champion reiterated an Overweight rating...
-
PayPal Shifts From 'Pricing Led Growth To Product Led Growth': 6 Analysts' Insights About Q2 Performance
Wednesday, July 31, 2024 - 1:25pm | 1019PayPal Holdings Inc (NASDAQ:PYPL) shares were climbing in early trading on Wednesday, despite the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On PayPal Holdings Analyst Will Nance maintained a...
-
Google Analysts See Upside For Alphabet Stock Following Q2 Earnings As Generative AI Drives Accelerated Search Growth
Wednesday, July 24, 2024 - 1:17pm | 680Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) analysts remain largely positive on the tech giant despite the stock selling off on second-quarter earnings. Multiple analysts maintained positive ratings following the print, highlighting generative AI-related strength in Search. What Happened: Alphabet...
-
Gannett Has 'Several Catalysts For Digital Growth And Margin Expansion,' Says Bullish Analyst
Monday, July 1, 2024 - 11:52am | 310Gannett Co Inc (NYSE:GCI) shares were climbing in early trading on Monday. The company has several catalysts for digital revenue growth and margin expansion, which should take the stock closer to peer average multiples, according to JMP Securities. The Gannett Analyst: Matthew Condon initiated...