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SolarEdge Technologies' Q4 Miss Could Be Due To Structural Issues: 7 Analysts Provide Their Takeaways
Wednesday, February 21, 2024 - 2:46pm | 863SolarEdge Technologies Inc (NASDAQ: SEDG) shares tanked in early trading on Wednesday, after the company issued weak first-quarter guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. RBC Capital Markets On SolarEdge Technologies Analyst...
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Generac's Outlook Brightens On Q3 Earnings: Analyst Upgrades Stock On 'Attractive Current Valuation'
Friday, November 3, 2023 - 12:44pm | 319Shares of Generac Holdings Inc (NYSE: GNRC) were climbing higher on Friday, after the company reported its third-quarter results. Generac Holdings's Q3 earnings report on Wednesday surpassed analyst expectations. The company now appears to be approaching “the end of the...
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Joseph Osha Talks Solar Sector Under A Biden Presidency
Thursday, October 15, 2020 - 3:48pm | 252On CNBC's "Power Lunch," Joseph Osha of JMP Securities said if a Joe Biden presidency actually happens, and if some of the talked-about policies are implemented, he believes there’s a lot more headroom left for solar stocks. Osha said the business is already doing well...
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Tesla's Stock Approaches JMP's $1,500 Price Target
Tuesday, July 7, 2020 - 11:30am | 358On Monday, JPM Securities increased their price target for Tesla Inc (NASDAQ: TSLA) to $1,500. The stock ended up closing at a record high over $1,370. At time of publication Tuesday morning, the stock was up another 3% to $1,413 a share. Why It's Important: Joseph Osha of JPM Securities...
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JMP Analyst Sees Tesla Coming Out Of Crisis Stronger
Wednesday, April 29, 2020 - 3:26pm | 271On CNBC's "The Exchange," Joseph Osha of JMP Securities spoke about Tesla Inc (NASDAQ: TSLA). He said there is a perception from the last year that the company is not financially stable, but it has made an enormous headway as it's going to come out of this quarter with more than $...
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Tesla Analysts: While Short Of Expectations, Q3 Delivery Number Is Pretty Good
Thursday, October 3, 2019 - 11:29am | 653Tesla Inc. (NASDAQ: TSLA) overpromised rather than underperformed, sell-side analysts said after its Wednesday deliveries announcement, with several noting the company continues to deliver more vehicles each quarter and is largely keeping its growth story on track. The electric carmaker came...
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Wall Street Weighs In On Cree's Lackluster Guidance
Wednesday, August 21, 2019 - 12:22pm | 506Cree, Inc. (NASDAQ: CREE) shares tumbled 16% on Wednesday after the chipmaker beat earnings and sales estimates for the fiscal fourth quarter but disappointed Wall Street with a lackluster outlook. Cree reported fourth-quarter adjusted EPS of 11 cents on revenue of $251 million. Both numbers beat...
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Wall Street Analysts Still Divided On Tesla Following Record Deliveries
Wednesday, July 3, 2019 - 11:09am | 705After a brutal start to 2019, Tesla Inc (NASDAQ: TSLA) helped ease investor concerns on Tuesday when the company reported 95,200 vehicle deliveries in the second quarter, slightly above the midpoint of its guidance range and well above consensus Wall Street expectations. Tesla had previously guided...
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Tesla's Q2 Delivery Number Could Cause A Big Move
Monday, July 1, 2019 - 2:56pm | 748This week will bring some of the most important news in what has been a disastrous year for Tesla, Inc (NASDAQ: TSLA) investors. Investors have gotten mixed signals about what to expect when Tesla reports second-quarter vehicle deliveries this week, but the number certainly has the potential...
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Tesla Analysts Weigh In On Huge Deliveries Miss
Thursday, April 4, 2019 - 11:13am | 798Tesla, Inc. (NASDAQ: TSLA) crashed more than 9 percent Thursday after the company reported first-quarter auto deliveries well below Wall Street expectations. Tesla reported 50,900 Model 3 deliveries in the first quarter, missing consensus analyst estimates of 52,450. Total deliveries of 63,000...
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A Pair Of Analysts Cut Tesla Price Targets Ahead Of Q1 Deliveries
Monday, March 25, 2019 - 9:32am | 354Tesla, Inc. (NASDAQ: TSLA) received more bad news Monday when a pair of analysts became the latest to lower price targets for the struggling stock. The Analysts RBC analyst Joseph Spak reiterated his Underperform rating and cut his price target from $245 to $210. JMP analyst Joseph Osha reiterated...
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Analyst Upgrades First Solar On Valuation
Friday, October 26, 2018 - 1:23pm | 319Shares of First Solar Inc. (NASDAQ: FSLR) have fallen roughly 35 percent since May. That sell-off accelerated this week after the company cut sales guidance following earnings data. The Analyst JMP analyst Joseph Osha upgraded First Solar from Market Underperform to Market Perform and did not...
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JMP Securities: Supply Glut To Hurt First Solar's Margins After Chinese Government's Solar Pullback
Wednesday, June 6, 2018 - 11:21am | 366The Chinese National Development and Reform Commission recently announced a major policy shift that disincentivizes solar companies. Citing the policy shift, an analyst at JMP Securities stepped to the sidelines on First Solar, Inc. (NASDAQ: FSLR). The Analyst Analyst Joseph Osha...
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JMP On Acuity Brands: 'Reasonable Valuation Based On Reasonable Expectations'
Thursday, April 5, 2018 - 11:38am | 409Acuity Brands, Inc. (NYSE: AYI) reported mixed earnings Wednesday and downbeat guidance, but the stock is now trading at a reasonable valuation, according to JMP Securities. The Analyst Analyst Joseph Osha upgraded Acuity Brands' stock rating from Market Perform to Market Outperform...
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Volatile Acuity Brands Looks 'Unusually Cheap,' Analyst Says
Wednesday, January 17, 2018 - 10:47am | 374Lighting company Acuity Brands, Inc. (NYSE: AYI) could close its valuation gap with its peers, according to JMP Securities. The Analyst JMP Securities analyst Joseph Osha has a Market Perform rating for Acuity Brands. Although JMP has no assigned price target for the stock, the analyst...