Nick McKay

Roblox Corp (NYSE:RBLX) shares recovered slightly in early trading on Friday, after tanking in the previous session on the company’s weak outlook. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Roblox Analyst Eric Sheridan maintained a...

American video game developer Roblox Corp. (NASDAQ: RBLX) is set to report second-quarter 2023 results on Aug. 9 before the market opens. Earning Estimates: According to Zacks Equity Research, the consensus estimate for Roblox's revenue is expected to be $785.01 million, indicating growth of 22...

Shares of Electronic Arts Inc (NASDAQ: EA) tanked in early trading on Wednesday, even after the company reported strong results for the first quarter of fiscal 2024. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Benchmark analyst...

Shares of Activision Blizzard Inc (NASDAQ: ATVI) have been in focus on news of its deal with Microsoft Corp (NASDAQ: MSFT) being extended to Oct. 18. Amid what promises to be an exciting earnings season ahead, Activision Blizzard reported strong results Wednesday for its second quarter. Here are...

Shares of Take-Two Interactive Software, Inc (NASDAQ: TTWO) spiked in early trading on Thursday, after the company reported 56% year-over-year growth in its fourth-quarter revenue to $1.45 billion. The report came amid an exciting earnings season. Here are some key analyst takeaways from the...

Nintendo (OTC: NTDOY) exceeded expectations in third-quarter revenue, earnings per share and Switch sales. But one analyst team still isn’t sold on the gamer life. The Rating Wedbush analysts Nick McKay and Michael Pachter maintained a Neutral rating on Nintendo and cut their price...

Snap Inc (NYSE: SNAP) rocked the camera space this week on news of its quiet acquisition of drone company Ctrl Me Robotics. But the 2016 purchase and implicit shift in focus don’t necessarily warrant concern for GoPro Inc (NASDAQ: GPRO) and other competitive camera firms. Wedbush Analyst's...

When Fitbit Inc (NYSE: FIT) cut guidance from estimates of $2.4 billion to a range of $1.5 to $1.7 billion, Wedbush analyst Nick McKay was taken aback. And he may not have been alone. Prior to the release of Fitbit’s regulatory filing, many analysts seemed ambivalent about the company...

Wedbush’s Nick McKay expressed concern regarding the current lower-than-expected demand for Fitbit Inc (NYSE: FIT) products, as well as limited visibility into the company’s long-term financial targets and product roadmap. Q3 Results McKay downgraded the rating on the company from...

Supply concerns resulted in GoPro Inc (NASDAQ: GPRO) delivering a Q3 miss and reducing its FY 2016 guidance. The new HERO5 cameras and Karma drone have “compelling feature sets and superior branding,” and should become popular as supply constraints ease, Wedbush’s Nick McKay said...

Netflix, Inc. (NASDAQ: NFLX) is scheduled to announce its third-quarter financial results next Wednesday, after the market closes. In a recent report, Wedbush reiterated an Underperform rating and $40.00 price target on the stock, alleging that the company is “likely to exceed subs...

The Wedbush Entertainment Software team has been extremely active this Monday morning as they followed their NPD U.S. sales data note up with an E3 Preview. In the note, Michael Pachter along with his team of Nick McKay and Alicia Reese highlighted four notable points they are watching at the...

GoPro Inc (NASDAQ: GPRO) released its earnings on Tuesday. The portable camera maker reported EPS of $0.11 and revenue of $383 million, above many analysts expectations. The company also reported a 45.1 percent gross margin, which beat expectations of 44.5 percent. Several Wall Street firms...

Amazon.com, Inc. (NASDAQ: AMZN) will report Q1 2015 earnings results after the markets close Thursday. Several Wall Street firms gave their opinion ahead of the announcement. Wedbush: Neutral, $395 price target Michael Pachter and Nick Mckay wrote: "Amazon is a dominant online retailer...