Stephens

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.  The PayPal Analysts: After PayPal said second-quarter revenue increased...

Walmart Inc (NYSE: WMT) reduced its guidance for the current quarter and full year, citing rising prices for food and fuel. Here are the reactions of six top analysts. RBC Capital Markets On Walmart Analyst Steven Shemesh reiterated an Outperform rating, while reducing the price target from $153 to...

The recent pullback in Simply Good Foods Co.’s (NASDAQ: SMPL) shares offers “an attractive entry point” into a company offering stable growth in a volatile market, according to Stephens. The Simply Good Foods Analyst: Ben Bienvenu upgraded the rating for Simply Good Foods from...

Cost savings from Old National Bancorp’s (NASDAQ: ONB) deal to merge with First Midwest Bancorp should be accretive to the bottom line “following the systems conversion in July,” according to Stephens. The Old National Bancorp Analyst: Terry McEvoy upgraded Old National...

Upstart Holdings Inc (NASDAQ: UPST) reported better-than-expected first-quarter results on Monday after the bell. However, shares of the AI consumer lending company tumbled more than 40% as management slashed the 2022 revenue forecast to $1.25 billion. Piper Sandler On Upstart Holdings: Analyst...

On Wednesday, Starbucks Corporation (NASDAQ: SBUX) CEO Kevin Johnson announced he is retiring after five years in the position. While the coffee retailer searches for a permanent replacement for Johnson, Starbucks founder and former two-time CEO Howard Schultz will return as interim chief executive...

Chipotle Mexican Grill Inc (NYSE: CMG) shares surged higher by about 7% Tuesday night after the fast-casual restaurant chain reported strong fourth-quarter earnings results and issued guidance.  What Happened: Chipotle said quarterly revenue increased 22% year-over-year to...

Starbucks Corporation (NASDAQ: SBUX) shares traded slightly lower on Wednesday after the company reported fiscal first-quarter earnings on Tuesday afternoon and said rising costs may eat into profitability in 2022. Starbucks reported first-quarter adjusted EPS of 72 cents, missing the consensus...

Shares of Kroger Co (NYSE: KR) pulled back on Friday after the grocery stock’s big post-earnings gains on Thursday. Kroger reported third-quarter adjusted EPS of 78 cents on revenue of $31.9 billion. Both numbers beat consensus analyst estimates of 66 cents and $31.23 billion, respectively....

SmileDirectClub Inc’s (NASDAQ: SDC) stock plummeted after the company reported its third-quarter revenue at $137.68 million, down 18.3% year-on-year, missing the consensus estimate of $181.90 million. BofA on SmileDirectClub: Analyst Michael Ryskin of BofA Securities maintained an...

Zillow Group Inc (NASDAQ: Z) shares plunged 24.5% on Wednesday after the company reported an unexpected third-quarter loss and said it will be winding down its homebuying business. Zillow reported a third-quarter adjusted EPS loss of 95 cents on revenue of $1.74 billion. Both numbers missed...

Starbucks Corporation (NASDAQ: SBUX) shares bounced back on Monday after the stock received a Wall Street upgrade by an analyst who believes the stock’s post-earnings sell-off is overdone. The Analyst: Stephens analyst James Rutherford upgraded Starbucks from Equal Weight to Overweight...

Facebook, Inc. (NASDAQ: FB) shares were retreating Tuesday after the social media giant reported yet another quarter of huge profits and impressive growth. On Thursday, Facebook reported third-quarter adjusted EPS of $3.22 beating consensus analyst estimates of $3.19. Revenue of $29.01 billion...

SmileDirectClub Inc (NASDAQ: SDC) shares dropped 22.6% on Tuesday after the company reported disappointing second-quarter numbers following an April cyberattack. On Monday, SmileDirectClub reported a second-quarter adjusted EPS loss of 14 cents on $174 million in revenue. Both numbers fell short of...

FedEx Corporation (NYSE: FDX) traded lower by 4% on Friday after the company delivered lackluster fiscal fourth-quarter numbers on Thursday afternoon. FedEx reported fourth-quarter adjusted EPS of $5.01, narrowly beating consensus analyst estimates of $5. Fourth-quarter revenue of $22.6...