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Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth'
Friday, April 26, 2024 - 12:29pm | 1408Technology giant Microsoft Corporation (NASDAQ:MSFT) reported third-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts are praising the company's growth of artificial intelligence platforms. The MSFT Analysts: Oppenheimer analyst Timothy Horan...
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Lam Research Expects 2024 To Be A 'Transition Year,' 4 Analysts Provide Key Q3 Takeaways
Thursday, April 25, 2024 - 1:57pm | 455Lam Research Corporation (NASDAQ:LRCX) reported better-than-expected results for its fiscal third quarter. Here are some key analyst takeaways from the results, which came amid an exciting earnings season. Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating, while raising the price...
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Chipotle Mexican Grill Is In A 'League Of Their Own': 7 Analysts Revise Forecasts After Q1 Results
Thursday, April 25, 2024 - 12:13pm | 889Chipotle Mexican Grill, Inc. (NYSE:CMG) shares were climbing in early trading on Thursday, after the company reported higher-than-expected sales and earnings for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. TD Cowen On...
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Analyst Predicts TikTok Shutdown In US By Next Year Ahead Of Senate Vote: 'Will Not Operate Here...'
Tuesday, April 23, 2024 - 4:08am | 722Policy analyst Ed Mills from Raymond James anticipates that the popular social media platform TikTok may cease operations in the U.S. next year. What Happened: On Monday, Mills expressed his views on the future of TikTok in the U.S. during CNBC’s “Last Call.” He stated, "Once this...
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AMD Snatches A Downgrade Ahead Of Q4 Results: What's Going On
Tuesday, January 30, 2024 - 9:51am | 347Advanced Micro Devices, Inc. (NASDAQ:AMD) shares fell modestly in premarket trading on Tuesday ahead of the company’s fourth-quarter earnings release, which is due after the market close. Raymond James analyst Srini Pajjuri downgraded AMD shares from a Strong Buy to Outperform but upped his...
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First Community Analyst Turns Bullish After Q4 Print: 'Conversations With Borrowers Picked Up'
Thursday, January 25, 2024 - 11:44am | 324Shares of First Community Corp (NASDAQ: FCCO) rose in premarket trading on Thursday, after the company reported higher-than-expected fourth-quarter earnings. The Lexington, South Carolina-based company’s earnings appear to be reaching a bottom. They should receive a boost from the Federal...
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Comerica Analyst No Longer Bullish, Sees 'Attractive Attributes In Coming M&A Cycle'
Monday, January 22, 2024 - 1:15pm | 310Shares of Comerica Incorporated (NYSE: CMA) fell in premarket trading on Monday, after the company last week reported its fourth-quarter earnings. The company faces nearer-term earnings challenges, which put into question its ability to “generate positive operating leverage into 2025,”...
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Why This Lululemon Athletica Analyst Raises Forecast After Meeting With Management
Wednesday, January 10, 2024 - 1:28pm | 300Lululemon Athletica Inc (NASDAQ: LULU) has been in focus after grabbing the attention of U.S. shoppers during the holiday season. Although the company’s growth could slow, it remained “one of the most attractive growth stories among global brands,” given the potential to...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, December 29, 2023 - 12:04pm | 1082Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...
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Nike Shares Tank After Q2 Earnings: 'Reduced Guidance Implies Ongoing Uncertainty'
Friday, December 22, 2023 - 1:16pm | 761Nike Inc (NYSE: NKE) shares are tanking Friday after the company reported softer-than-expected revenue guidance for its fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the Nike earnings report. Goldman Sachs On Nike...
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Nike Q2 Earnings Preview: Analyst Estimates, Crucial Metrics, And Sports' Role In 2024 Growth
Wednesday, December 20, 2023 - 4:58pm | 801Apparel and sportswear company Nike Inc (NYSE:NKE) will report second quarter financial results after market close Thursday. Here's a look at the key earnings estimates, what analysts are saying and items for investors to watch. Earnings Estimates: Nike is expected to report second quarter revenue...
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Costco Is 'Choppy' Near Term, Rolls Out Special Dividend: Analysts Study Q1 Print
Friday, December 15, 2023 - 12:21pm | 491Shares of Costco Wholesale Corporation (NASDAQ: COST) trader higher on Friday morning, along with other stocks that were on investors’ radar. Costco Wholesale reported its fiscal first-quarter results amid an exciting earnings season. Here are some key analyst takeaways from the earnings...
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Advanced Micro Devices Projects $45B AI Chip Market In 2023: Analysts Say Chipmaker 'Maturing Fast' After GPU Launch
Thursday, December 7, 2023 - 5:56pm | 761Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rallied Thursday after the company announced the launched of its new GenAI chip. Raymond James On Advanced Micro Devices Analyst Srini Pajjuri maintained a Strong Buy rating while raising the price target from $125 to $140. “AMD...
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Why This Biogen Analyst Is Turning Bullish On Alzheimer's Treatment Prospects
Thursday, December 7, 2023 - 1:17pm | 319Biogen Inc (NASDAQ: BIIB) has been in focus due to its treatment for early-stage Alzheimer’s disease. The launch of Leqembi, a treatment to slow the progression of Alzheimer's disease, is likely to begin gaining momentum in 2024, “with robust acceleration anticipated when the SC...
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Why This Lululemon Athletica Analyst Cuts Rating Ahead Of Q3 Print
Tuesday, December 5, 2023 - 1:52pm | 321Lululemon Athletica Inc (NASDAQ: LULU) shares made big moves last week and remained on an upward trajectory in early trading on Tuesday, ahead of its third-quarter earnings call that is scheduled for Dec. 7. Although the company may report a revenue beat for the third quarter, the stock...