Leap Wireless

Apple and Sprint are about to do the unthinkable: by July 1, they plan to bring the hugely popular smartphone to Virgin Mobile. According to the Wall Street Journal, this is all part of Sprint's (NYSE: S) plan to make the iPhone, which it reportedly paid billions to obtain, more profitable for the...

There is really only one reason insiders buy shares of a company -- they believe the stock price is going to move higher and they want to profit from it. Market-driven sell-offs provide a perfect opportunity to snap up shares for investors who have faith in a company. Here are some stocks that have...

Citadel is out with its report today on Leap Wireless (NASDAQ: LEAP) and MetroPCS (NYSE: PCS), initiating coverage on LEAP and PCS. In a note to clients, Citadel writes, "The U.S. wireless industry in the midst of a shift in favor of prepaid (nocontract) versus postpaid (contract) tiers. We...

Leap Wireless (NASDAQ: LEAP) Edge Positive, $22 PT Metro PCS (NYSE: PCS) Neutral, $18 PT

J.P. Morgan is out with its report today on Leap Wireless (NASDAQ: LEAP), downgrading LEAP from Overweight to Neutral. In a note to clients, J.P. Morgan writes, "We are downgrading Leap Wireless to Neutral from Overweight. Our price target remains the same, at $16 per share, based upon our DCF...

JP Morgan has downgraded Leap Wireless (NASDAQ: LEAP) from Overweight to Neutral and maintains its $16 price target.

Morgan Stanley is adjusting its estimates on Leap Wireless International Inc. (NASDAQ: LEAP). “We raised our base case estimate from $13 to $14 on a better ARPU outlook,” Morgan Stanley writes. “We increased our 2011e EBITDA from $564m to $576m (vs. consensus' $587m) as higher blended ARPU (MSe $...

Deutsche Bank upgraded its price target on Leap Wireless (NASDAQ: LEAP) from $14 to $18. In a research report published today, Deutsche Bank named strong Q1 results as a reason for the price target upgrade. It also stressed the presence of some risks for Leap, prompting it to leave its rating at...

Deutsche Bank has raised the price target on Leap Wireless (NASDAQ: LEAP) from $14 to $18 and maintains its Hold rating.

Deutsche Bank reiterated its Hold rating on Leap Wireless (NASDAQ: LEAP) in a research report published today. In the report, Deutsche Bank states, "Leap Wireless (LEAP) reported 1Q11 results featuring beats to net adds, churn, ARPU and EBITDA margin. The company's 2Q outlook includes sequential...

According to Morgan Stanley, Leap Wireless (NASDAQ: LEAP) pre-announced 1Q results including ~300k net adds, Q/Q ARPU growth, less than 3.5% churn and for “EBITDA to reflect strong customer activity.” Morgan Stanley said that accordingly, higher smartphone upgrades drove EBITDA margin 130 and 101...

According to J.P. Morgan, Leap Wireless (NASDAQ: LEAP) estimates are adjusted. J.P. Morgan reported that it is publishing an overview of the prepaid space, Prepaid Wireless: Prepaid Remains Relevant in the Data Era; Growth Is Split Between High-End Data and Low-End Lifeline Customers. “Coming into...

“More than ten days after the AT&T Inc. (NYSE: T)/T-Mobile deal was announced, we are following up with more thoughts on the transaction,” Oppenheimer started in a recent report. “To gain more insight on the regulatory approval process, we have talked to several regulatory experts and AT&T'...