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Core Scientific's Acquisition By CoreWeave 'Makes Strategic Sense,' Analysts Say
Friday, June 27, 2025 - 12:37pm | 412CoreWeave Inc. (NASDAQ:CRWV) is in talks to acquire Core Scientific Inc (NASDAQ:CORZ) Needham On Core Scientific Analyst John Todaro reiterated a Buy rating and price target of $18. There are four reasons why the proposed acquisition "make sense," Todaro said in a note. It would eliminate around $...
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Hut 8 Analysts Still Bullish Despite Q1 Miss; Bets On American Bitcoin, HPC/AI Potential
Friday, May 9, 2025 - 12:56pm | 495Analysts maintained their rating/price forecast on Hut 8 Corp. (NASDAQ:HUT) following the first quarter results reported on Thursday. The company reported EPS of $(1.30), which was below the estimated $(0.24) and sales of $21.82 million fell short of the estimated $33.28 million. H.C. Wainwright...
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MARA Holdings' Q1 Results Fail To Excite, Yet Bitcoin Touching $103K Could Turn Losses To Gains
Friday, May 9, 2025 - 10:45am | 373MARA Holdings Inc (NASDAQ:MARA) reported its first-quarter results Thursday. Here are some key analyst takeaways. HC Wainwright On MARA Holdings Analyst Kevin Dede maintained a Buy rating and price target of $28. MARA Holdings reported its March quarter results broadly within expectations, Dede...
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Riot Platforms Powers Up: Analyst Gives 4 Reasons Why He Is Bullish
Friday, May 2, 2025 - 4:37pm | 426Needham analyst John Todaro reiterated the Buy rating on Riot Platforms, Inc. (NASDAQ:RIOT) on Friday, lowering the price forecast from $13.50 to $12. On Thursday, the company reported first quarter results, in which total revenue was up from $79.3 million in the prior year's quarter, primarily...
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Applied Digital Shares Tank Almost 40% On 3Q, Why This Analyst Remains Bullish
Tuesday, April 15, 2025 - 11:47am | 304Shares of Applied Digital Corp (NASDAQ:APLD) tanked in early trading after the company reported disappointing earnings for its fiscal third quarter. The company provided visibility into 200 megawatts (MW) coming online in 2026, versus expectations of 100 MW, according to Needham. The Applied...
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MARA Holdings Surges On Record Q4 Revenues, Analysts Weigh In
Thursday, February 27, 2025 - 11:58am | 568Shares of MARA Holdings Inc (NASDAQ:MARA) were climbing in early trading on Thursday, after the company reported record fourth-quarter revenues. The results came in amid an exciting earnings season. Here are some key analyst takeaways. HC Wainwright On MARA Holdings Analyst Kevin Dede reiterated a...
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Bitcoin Miner Hut 8 Shares Dip Despite Strong Q3; Analysts Remain Bullish On AI, Crypto Potential
Thursday, November 14, 2024 - 2:42pm | 476Hut 8 Corp (NASDAQ:HUT) shares were down Thursday morning, despite the company reporting upbeat third-quarter results and Bitcoin prices surging past $90,000. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Needham On Hut 8 Analyst John Todaro...
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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...
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What Drove Hut 8 Earnings Beat? 4 Analysts Provide Their Q1 Takeaways
Thursday, May 16, 2024 - 12:12pm | 632Hut 8 Corp (NASDAQ:HUT) reported financial results Wednesday after merging with U.S. Bitcoin Corporation (USBTC) in November 2023. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst John Todaro maintained a Buy rating, while raising the price...
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Robinhood Analysts 'Pleasantly Surprised' By Crypto Volume, Q2 Start: 'We See A Number Of Reasons To Be Positive'
Thursday, May 9, 2024 - 11:25am | 987Stock and cryptocurrency trading platform company Robinhood Markets Inc (NASDAQ:HOOD) reported first-quarter financial results after market close Wednesday. Analysts react to the revenue and earnings per share beat and what's next for the company. The Robinhood Analysts: Piper Sandler analyst...
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Coinbase Q4 Earnings Preview: Analysts Estimates, Bitcoin ETF Impact, International Expansion And More
Wednesday, February 14, 2024 - 2:04pm | 892Cryptocurrency trading platform company Coinbase Global Inc (NASDAQ:COIN) is set to report fourth-quarter financial results after market close Thursday. Here are the key earnings estimates, what analysts are saying, and key items to watch for investors. Earnings Estimates: Analysts see Coinbase...
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Robinhood Delivers 'Solid End To 2023': 5 Analysts Comment On Q4 Print, Outlook
Wednesday, February 14, 2024 - 11:01am | 620Shares of Robinhood Markets Inc (NASDAQ: HOOD) gained in premarket trading on Wednesday, after the company’s upbeat results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. KeyBanc Capital Markets analyst Alex...
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Will Coinbase's Six-Month Rally Go Higher? This Analyst Weighs In
Monday, January 8, 2024 - 6:19pm | 493Needham sees Coinbase Global Inc (NASDAQ: COIN) well positioned for growth with expanding revenues driven by broader market sentiments and gave the stock a Buy rating and raised the price target from $160 to $180. What Happened: Needham analyst John Todaro highlighted Coinbase as the...
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Robinhood's Mixed Bag: 3 Analysts Weigh In Following Q3 Earnings
Thursday, November 9, 2023 - 3:25pm | 719Robinhood Markets Inc (NASDAQ: HOOD) reported mixed third-quarter financial results this week. Following the report, one analyst took a somewhat bullish stance, one remained neutral and one was negative. Here's a look at what the three analysts had...
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Is Coinbase's New Layer 2 Network Base A Rising Star Or Just Hype?
Thursday, August 17, 2023 - 4:03pm | 664Coinbase has rolled out its Layer 2 network, Base, built on Ethereum. This platform has quickly gained traction with 100,000 users and hosting more than $200 million in assets. The impressive adoption of Base in the crypto sector is already evident. Needham analyst John Todaro...