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Meta Stock Gets Unfriended Premarket After Q3 Print: What's Going On?
Thursday, October 26, 2023 - 6:28am | 342Shares of Meta Platforms, Inc. (NASDAQ:META) declined in premarket trading despite the company surpassing expectations with its third-quarter results. The company, led by Mark Zuckerberg, reported Q3 revenue of $34.15 billion, marking a 21% constant-currency revenue growth,...
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Is Netflix A Rare Recession-Proof Stock? Analyst Says Steaming Giant Entering 2024 As 'A Cleaner Story' After Q3 Results
Thursday, October 19, 2023 - 4:45am | 461Netflix, Inc. (NASDAQ:NFLX) shares surged following the streaming giant’s robust third-quarter results, prompting analyst Justin Patterson at KeyBanc Capital Markets to jump on the bullish bandwagon after staying on the sidelines since January 2022. Ratings Upgrade Patterson upgraded...
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Google Parent's Stock Gets Price-Target Boost On Hopes Of Q3 Beat: Analyst Explains Bullish Stance
Friday, October 13, 2023 - 8:04am | 325Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is scheduled to release its quarterly results on Oct. 24, and consensus estimates call for nearly 37% year-over-year earnings per share growth and a more modest 10% revenue growth. Ahead of the earnings release, an analyst at KeyBanc Capital Markets...
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3 Match Group Analysts On Q2 Earnings: Tinder's Turnaround Story Is The Highlight Of The Quarter
Wednesday, August 2, 2023 - 2:30pm | 462Dating app company Match Group Inc (NASDAQ:MTCH) on Tuesday issued an upbeat earnings print. Tinder, its flagship dating platform, contributed to a 6% bump in direct revenue growth for a gain of $475 million. Here's what prominent analysts had to say about the stock, and what investors need to...
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Roku Crushes Q2 Estimates, Sending Stock Soaring, But Ongoing Hollywood Strike Triggers Analysts' Concern
Friday, July 28, 2023 - 10:55am | 395Shares of Roku Inc (NASDAQ: ROKU) spiked in early trading on Friday, a day after the company reported quarterly results that crushed estimates. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Needham On Roku Analyst Laura Martin...
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Why This Video Streaming Stock In Cathie Wood's Portfolio Is Up About 10% Today
Friday, July 28, 2023 - 7:15am | 237Shares of Roku, Inc. (NASDAQ:ROKU) rallied sharply in premarket trading on Friday. The streaming equipment maker reported second-quarter results that exceeded forecast, with revenue coming in at $847 million compared to the consensus estimate of $773.43 million. The company's loss unexpectedly...
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4 Snap Analysts Size Up Q2 Results, Investors Ghost The Stock: 'Structurally Challenged'
Wednesday, July 26, 2023 - 12:12pm | 628Analysts are sizing up the long-term opportunity for Snap Inc (NYSE: SNAP) and whether the company can compete with other social media platforms after the company reported second-quarter financial results Tuesday. The Snap Analysts: Benchmark analyst Mark Zgutowicz has a Hold rating...
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Alphabet's AI Integration Winning Over 5 Analysts: Q2 Results Spark Optimism Despite Market Challenges
Wednesday, July 26, 2023 - 11:17am | 694Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) spiked in early trading on Wednesday, even as the company is facing increasing threats from ChatGPT and plans by competing tech giants to create open maps. Alphabet also reported its second-quarter report, with revenue and operating...
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Why Snap Stock Is Crashing Off A Cliff Premarket Today
Wednesday, July 26, 2023 - 5:53am | 263Snap, Inc. (NYSE:SNAP), the parent company of Snapchat, faced a steep drop in premarket trading on Wednesday, causing concern among investors due to lackluster guidance. However, the second-quarter results were better than feared. KeyBanc Capital Markets analyst Justin...
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Google Parent's Comeback: Stellar Ad Revenue Recovery, AI-Driven Cloud Momentum Stun Analysts
Wednesday, July 26, 2023 - 1:54am | 604Alphabet's solid Q2 beat on the back of accelerating ad revenue growth and solid cloud momentum has left analysts impressed. Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) reported Tuesday after the close second-quarter results that exceeded expectations, thanks to the strong...
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Airbnb Stock Set To Benefit From 'Strong Travel Environment,' Analyst Says
Monday, July 24, 2023 - 11:59am | 453Resiliency in travel demand, coupled with a favorable foreign exchange environment, may push Airbnb Inc (NASDAQ:ABNB) shares to new heights, Keybanc Capital Markets said in a Monday note to investors. Here's what investors need to know. The ABNB Analyst: Justin Patterson maintained an Overweight...
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After Reels And Stories, Zuckerberg's Imitation Game With Threads Turns Meta Analyst Even More Bullish: Here's Why
Thursday, July 6, 2023 - 4:45am | 398Meta Platforms, Inc. (NASDAQ:META) has finally launched its Twitter clone, Threads, to mixed reviews. However, this has not stopped an optimistic analyst from becoming even more bullish on the Mark Zuckerberg-led company’s stock. The Meta Analyst: KeyBanc Capital...
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Pinterest Shares Crash Despite Earnings Beat: Analysts Give Mixed Reviews
Friday, April 28, 2023 - 10:34am | 478Shares of Pinterest Inc (NYSE: PINS) tumbled in early trading on Friday, despite the company reporting a first-quarter earnings beat. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Pinterest Analyst Brad Erickson maintained a Sector Perform rating, while reducing...
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Snap Shares Tank On AI Investment Plans: What Else Caused Analysts To Cut Price Targets?
Friday, April 28, 2023 - 10:20am | 635Shares of Snap Inc (NYSE: SNAP) Friday crashed in premarket trading, after the company reported a first-quarter revenue miss. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Snap Analyst Brad Erickson maintained a Sector Perform rating while reducing the price...
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Why Meta's Social Media Peers Snap And Pinterest Are Plummeting Premarket Friday
Friday, April 28, 2023 - 7:28am | 478Shares of Snap, Inc. (NYSE:SNAP) and Pinterest, Inc. (NYSE:PINS) were slumping in premarket trading, reacting to their respective quarterly results. Snap’s Q1 Topline, Guidance Trail: Snap, the parent of Snapchat, reported first-quarter revenue that trailed expectations, and key user metrics...