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Toast Is a Dominant Player With Impressive Momentum, Says Analyst
Friday, May 24, 2024 - 4:26pm | 266Wedbush analyst Moshe Katri initiated coverage on the shares of Toast Inc (NYSE:TOST) with an outperform rating and announced a price target of $30. The company reported first-quarter revenue of $1.075 billion, beating the analyst consensus estimate of $1.041 billion. Full-year 2024 adjusted EBITDA...
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Coinbase Global Is 'Doing Almost Everything Right': 7 Analysts React To Q1 Results
Friday, May 3, 2024 - 1:17pm | 855Shares of Coinbase Global Inc (NASDAQ:COIN) tanked in early trading on Friday, despite the company reporting a revenue beat for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. JPMorgan analyst Kenneth Worthington...
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Block Reports Blockbuster Results, Raises Guidance: Analysts Talk Square, Cash App, More
Friday, May 3, 2024 - 11:32am | 868Block Inc (NYSE:SQ) shares up on Friday, after the company reported upbeat results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. JPMorgan On Block Analyst Tien-tsin Huang maintained an Overweight rating and price...
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Visa Delivers 'Solid' Earnings Beat, 6 Analysts Provide Key Takeaways: 'Blame Easter For Softer Trends'
Wednesday, April 24, 2024 - 2:22pm | 799Shares of Visa Inc (NYSE:V) were climbing in early trading on Wednesday, after the company reported an earnings beat for its fiscal second quarter. Here are some key analyst takeaways from the release. Goldman Sachs analyst Will Nance reiterated a Buy rating, while raising the price target from $...
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Block Re-Focuses On Cash App, 8 Analysts Provide Their Takeaways From Q4 Results
Friday, February 23, 2024 - 12:13pm | 904Block Inc (NYSE: SQ) Thursday reported its fourth-quarter results and issued full-year guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Keefe, Bruyette & Woods analyst Vasundhara Govil maintained a Market Perform rating, while...
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Block Inc Q4 Earnings Preview: Eyes On Rule Of 40, Growth, Profitability And More
Wednesday, February 21, 2024 - 2:48pm | 649Fintech Block Inc (NYSE:SQ) is set to report fourth quarter financial results after market close Thursday. Here’s an overview of analyst predictions, their insights before the quarterly report, and crucial points for investors to watch. Earnings Estimates: Analysts expect Block to report...
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PayPal Stock Dives After Q4 Earnings: Management 'Set A Low Bar' For 2024, Says Analyst
Thursday, February 8, 2024 - 3:26pm | 931PayPal Holdings Inc (NASDAQ: PYPL) shares tanked in early trading on Thursday, even after the company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler On PayPal Holdings...
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Block Focuses On Increasing Efficiency And Profitability, Says Bullish Analyst
Tuesday, January 30, 2024 - 10:27am | 324Shares of Block Inc (NYSE: SQ) rose in premarket trading on Tuesday, after struggling for several weeks on weak Bitcoin prices. The performance of the company’s merchant segment is likely to improve, according to Wedbush. The Block Analyst: Moshe Katri upgraded the rating for Block from...
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PayPal Q3 Is 'All About' New CEO's Vision: 5 Analysts Explore Earnings, Prospects
Thursday, November 2, 2023 - 11:14am | 627Shares of PayPal Holdings Inc (NASDAQ: PYPL) rose in early trading on Thursday, after the company reported its third-quarter (Q3) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler analyst Kevin Barker reiterated...
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PayPal Faces Unbranded Margin Pressure: 5 Analysts On Q1 Print
Tuesday, May 9, 2023 - 12:03pm | 654Shares of PayPal Holdings Inc (NASDAQ: PYPL) tanked in early trading on Tuesday, despite the company reporting upbeat quarterly results. Here are some key analyst takeaways from the earnings release. Susquehanna On PayPal Holdings: Analyst James Friedman reiterated a Neutral rating while reducing...
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Wedbush's Moshe Katri On IT Stock Winners, Losers During Pandemic
Wednesday, February 9, 2022 - 5:25pm | 548With the recent swoon in payments/IT services sectors, a longer-term perspective is needed to evaluate the sector. Moshe Katri, the FinTech/Payments/IT Services analyst at Wedbush, offered up this perspective on today’s “Wednesday’s With Wedbush’ segment on PreMarket Prep....
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Wednesdays With Wedbush On PreMarket Prep Plus: The Payments Sector Outlook
Wednesday, November 10, 2021 - 4:38pm | 687Moshe Katri, fintech and payments analyst at Wedbush, joined this week's "Wednesdays with Wedbush" segment on PreMarket Prep Plus. It turned out to be a good day to have him on, as Paypal Holdings Inc. (NASDAQ: PYPL) reported third-quarter earnings Monday and Coinbase Global...
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4 Coinbase Analysts Break Down Q2 Earnings: 'We See Material Monetization Opportunities'
Wednesday, August 11, 2021 - 12:55pm | 516Coinbase Global Inc (NASDAQ: COIN) gained more than 7% on Wednesday after the company reported a surge in second-quarter profits during a particularly volatile period in the cryptocurrency market. On Tuesday, Coinbase reported an adjusted EPS of $3.45 on revenue of $2.23 billion. Both numbers beat...
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Loop Capital's Kourtney Gibson Says Coinbase Could Be Worth $400 To $450 Per Share
Thursday, May 20, 2021 - 3:52pm | 293Coinbase Global Inc (NASDAQ: COIN) is a way to participate in the crypto space while hedging risk, Loop Capital's Kourtney Gibson said Thursday on CNBC's "Fast Money: Halftime Report." What Happened: Bitcoin (CRYPTO: $BTC) has fallen more than 50% from its all-...
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Coinbase Analyst: Crypto Exchange Is 'One-Stop Shop' With Underappreciated Monetization Potential
Thursday, May 20, 2021 - 11:29am | 463Coinbase Global, Inc. (NASDAQ: COIN) shares may have pulled back amid the recent crypto sell-off but an analyst at Wedbush is bullish on the prospects for the cryptocurrency exchange. The Coinbase Analyst: Analyst Moshe Katri initiated coverage of Coinbase with an Outperform rating and $275 price...