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Why These 4 Analysts Cut Intuit Price Target Even After Earnings Beat And Raised Guidance
Wednesday, May 25, 2022 - 11:57am | 588Intuit Inc. (NASDAQ: INTU) reported its fiscal third-quarter revenues and earnings higher than Street expectations and raised its full-year guidance. Piper Sandler On Intuit: Analyst Arvind Ramnani maintained an Overweight rating on the company, while lowering the price target from $674 to $500....
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Robinhood Not Going Away: Analysts Remain Bullish Long-Term With Lowered Price Targets Post Q1
Sunday, May 1, 2022 - 5:47pm | 530Financial services and stock brokerage Robinhood Markets (NASDAQ: HOOD) reported quarterly earnings Thursday after market close. A revenue and EPS miss has led to several analysts lowering their price targets on the stock. Here’s what analysts had to say. The Robinhood Analysts: JMP analyst...
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'Long Road Of Rebuilding Begins': PayPal Analysts React To Mixed Q1 Earnings Report
Thursday, April 28, 2022 - 6:39pm | 918Shares of PayPal Holdings Inc (NASDAQ: PYPL) gained 11% on Thursday after the company reported a revenue beat but cut its 2022 guidance. On Wednesday, PayPal reported adjusted first-quarter EPS of 88 cents, in-line with analyst estimates. Revenue for the quarter was $6.5 billion, ahead of consensus...
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Why Block Analyst Thinks Company's Acquisition Of Afterpay Could Have Transformative Potential
Monday, April 4, 2022 - 11:33am | 347Block Inc (NYSE: SQ) completed the acquisition of "buy now pay later" specialist Afterpay in January. An analyst at KeyBanc Capital Markets sees the acquisition as imparting transformative potential. The Block Analyst: Josh Beck maintained an Overweight rating on Block...
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Coupa Analysts Unanimously Think Shares Are Fairly Valued Following Post-Earnings Sell-off; 'Improvement Will Take Time'
Tuesday, March 15, 2022 - 1:50pm | 730Coupa Software Inc (NASDAQ: COUP) shares are tumbling on Tuesday after the business spend management software provider issued a below-consensus revenue forecast. The Coupa Analysts: Wells Fargo Securities analyst Michael Turrin maintained an Equal Weight rating on Coupa shares and reduced...
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5 Block Analysts Praise Q4 Earnings Beat, Cash App Outlook
Saturday, February 26, 2022 - 10:05am | 598Block Inc (NYSE: SQ) shares traded higher by 23% on Friday after the company exceeded expectations with its fourth-quarter earnings report. On Thursday afternoon, Block reported fourth-quarter adjusted EPS of $1.71, beating consensus analyst estimates of $1.66. Fourth-quarter revenue was $4.1...
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Buy The Earnings Dip In Square Stock? 5 Analyst Weigh In
Monday, November 8, 2021 - 5:14pm | 617Square Inc (NYSE: SQ) shares recovered a bit from a difficult period last week after the digital payments leader reported lackluster third-quarter earnings. Last Thursday, Square reported an adjusted third-quarter EPS loss of 37 cents, in-line with analyst estimates. Square also reported...
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Bill.com Stock Jumps After Q4 Earnings: 4 Analysts React To Accelerating Organic Growth, Divvy Momentum
Friday, August 27, 2021 - 3:18pm | 501Bill.com Holdings Inc (NYSE: BILL) shares rallied Friday after the company reported better-than-expected fourth-quarter sales numbers. On Thursday, Bill.com reported a fourth-quarter adjusted EPS loss of 7 cents, worse that consensus analyst estimates of a 4-cent loss. Revenue for the quarter was $...
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'Robinhood Is Not A Meme': Analysts Initiate Coverage Of HOOD Stock Following Quiet Period
Monday, August 23, 2021 - 3:30pm | 520Robinhood Markets Inc (NASDAQ: HOOD) shares rebounded by 2.5% on Monday after the stock tanked last week on disappointing commentary from the company about the third quarter. Overall, Robinhood is still off to a hot start on the public market after pricing its IPO at $38 in late July. Robinhood...
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PayPal's Stock Pulls Back After Q2 Earnings: Blame eBay?
Thursday, July 29, 2021 - 12:15pm | 689Paypal Holdings Inc (NASDAQ: PYPL) shares are down 5% after the company reported second-quarter sales and profit numbers that disappointed the market. PayPal reported adjusted EPS of $1.15, slightly beating analyst estimates of $1.12. Revenue for the quarter was $6.24 billion, missing...
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Coupa Software Stock Retreats On Q1 Results: Why Analysts Are Long-Term Bullish
Tuesday, June 8, 2021 - 4:54pm | 719Coupa Software Incorporated (NASDAQ: COUP) shares traded sharply lower Tuesday despite the company reporting better-than-expected first-quarter results. Here's what the Street had to say. The Coupa Analysts: Morgan Stanley analyst Stan Zlotsky maintained an Overweight rating on Coupa...
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Square Reports Q1 Earnings: What Do Analysts Think?
Friday, May 7, 2021 - 12:14pm | 541Square Inc (NASDAQ: SQ) shares traded higher by 6% on Friday morning after the company reported a Bitcoin (CRYPTO: BTC)-fueled surge in first-quarter revenue. For the first quarter, Square reported 41 cents in EPS on revenue of $5.06 billion. Both numbers beat consensus analyst estimates of 16...
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Shopify Analysts Cautious Following Q1 Print: 'Look For A More Attractive Entry Point'
Thursday, April 29, 2021 - 5:41pm | 666Shopify Inc (NYSE: SHOP) shares dropped 4.41% Thursday as investors took profits following the company’s big first-quarter earnings beat. For the first quarter, Shopify reported adjusted EPS of $2.01 on $988.6 million in revenue. Both numbers beat consensus analyst estimates of 75 cents and $...
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KeyBanc Upgrades BigCommerce On Enterprise Momentum
Wednesday, February 24, 2021 - 6:05pm | 224Bigcommerce Holdings, Inc.’s (NASDAQ: BIGC) enterprise momentum seems underappreciated, which could lend upside in 2021 and beyond, according to KeyBanc Capital Markets. The BigCommerce Analyst: Josh Beck upgraded the rating for BigCommerce from Sector Weight to Overweight, while keeping...
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Square Analysts React To Q4 Earnings: 'Deceleration Somewhat Surprising'
Wednesday, February 24, 2021 - 12:31pm | 533Square Inc (NYSE: SQ) shares dropped 6% despite the digital payment company reporting a fourth-quarter earnings beat on Tuesday afternoon. Square reported fourth-quarter adjusted EPS of 32 cents on revenue of $3.16 billion. Both numbers topped consensus analyst estimates of 24 cents and $3.1...