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Walt Disney Analysts Bullish As Disney+ Gains Ground On Netflix
Friday, November 13, 2020 - 1:50pm | 653Walt Disney Co (NYSE: DIS) shares gained 2.4% on Friday after the company reported a better-than-expected earnings loss in the third quarter and said its Disney+ streaming service now has more than 73 million paid subscribers. Disney reported an adjusted third-quarter EPS loss of 20 cents, beating...
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Wall Street Weighs In On Target's Q1 Earnings
Thursday, May 21, 2020 - 12:35pm | 520Target Corporation (NYSE: TGT) reported some impressive first-quarter numbers on Wednesday, but the market response has been lackluster due to concerns over slumping margins. Target reported adjusted EPS of 59 cents on revenue of $19.62 billion. Both numbers beat consensus analyst estimates of 40...
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Disney's Business Hit Hard By The Coronavirus: Is Now A Buying Opportunity For The Stock?
Wednesday, May 6, 2020 - 11:14am | 720Walt Disney Co (NYSE: DIS) shares bounced on Wednesday after the company reported mixed fiscal second-quarter earnings on Tuesday afternoon. Disney said parks and cruise operating income plummeted 58% in the quarter, but coronavirus (COVID-19) shelter-in-place measures also significantly boosted...
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Amazon Analysts React To Q1 Earnings: Stock Sell-Off Is Short-Sighted
Friday, May 1, 2020 - 11:55am | 1036Amazon.com, Inc. (NASDAQ: AMZN) shares traded lower by more than 7% on Friday after the company missed first-quarter earnings estimates and said it plans to spend $4 billion in the second quarter combatting the coronavirus (COVID-19). Amazon reported first-quarter EPS of $5.01, short of consensus...
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Gilead Analysts Tackle Early Results From Remdesivir Study In COVID-19, Morgan Stanley Says Stock Move Looks Overdone
Friday, April 17, 2020 - 12:49pm | 804Gilead Sciences, Inc. (NASDAQ: GILD) surged more than 16% after hours Thursday when STAT News reported promising preliminary results for a prospective COVID-19 therapy. In a trial conducted by the University of Chicago Medicine, remdesivir has been associated with rapid recovery and near-term...
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Why Facebook Is More Important Than Ever During COVID-19 Pandemic
Tuesday, March 31, 2020 - 10:45am | 415It’s hard to imagine that anyone benefits from forced, mass isolation more than Facebook, Inc. (NASDAQ: FB) does. The Facebook Anlayst Tigress Financial Research Director Ivan Feinseth reiterated a Strong Buy rating on the stock. The Facebook Thesis Balance sheet and cash flow strengths are...
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2 Beyond Meat Analysts On Q4 Results: 'Significant Downside Exists'
Friday, February 28, 2020 - 3:57pm | 509Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported fourth-quarter results Thusday that showed "solid" momentum, but its near-term outlook remains unclear, according to Piper Sandler. The Beyond Meat Analysts Piper Sandler's Michael Lavery maintaied a Neutral...
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The 'Stay At Home' Stocks Analysts Are Beginning To Like Due To The Coronavirus
Thursday, February 27, 2020 - 4:01pm | 692Panicked travelers have called off cruises and foreign flights amid COVID-19 concerns. China's Apple Inc. (NASDAQ: AAPL) stores have lost traffic, and Walt Disney Co (NYSE: DIS) has closed its Shanghai and Hong Kong parks. Schools have closed, and employers around the world — Disney, UBS...
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Nvidia Analysts Maintain Bullish Outlook Following Q4 Data Center, Gaming Strength
Friday, February 14, 2020 - 1:42pm | 847NVIDIA Corporation (NASDAQ: NVDA) reported strong fourth-quarter results, sending shares sharply higher in Friday's session. The Nvidia Analysts Wedbush analyst Matthew Bryson reiterated an Outperform rating on Nvidia and lifted the price target from $295 to $311 Needham analyst Rajvindra Gill...
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Lyft's Q4 Highlighted By Stronger Rider, Revenue Growth; Investors Still Skeptical
Wednesday, February 12, 2020 - 2:16pm | 630Shares of Lyft, Inc. (NASDAQ: LYFT) continued to drop on Wednesday after a fourth-quarter earnings report that seems to have disappointed investors, but sell-side analysts continued to recommend the stock on strong revenue growth, and even upped price expectations for shares of the ride-hailing...
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Disney Had The Content, But The Media Giant Is Now Proving It Can Build A Streaming Service
Wednesday, February 5, 2020 - 1:41pm | 924Wall Street applauded late last year when Walt Disney Co. (NYSE: DIS) quickly signed up 10 million subscribers for its new Disney+ streaming service. Tuesday's encore presentation brought a standing ovation. Disney's announcement that it had more than 26 million subscribers at year-end and...
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Amazon Delivers In A Big Way And Analysts Say There's Even More Upside
Friday, January 31, 2020 - 12:47pm | 934Amazon.com, Inc. (NASDAQ: AMZN) is delivering returns to investors even faster than it can deliver stuff to your door. Amazon's stock was surging Friday as investors responded to the delivery giant's strong fourth-quarter print, sending the company's market valuation above $1 trillion....
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Facebook Investors Appear To Heed Warnings About Privacy Headwinds, Analysts Say Keep Buying
Thursday, January 30, 2020 - 3:21pm | 834Facebook Inc. (NASDAQ: FB) keeps warning about looming headwinds for its stock because of concerns about how it deals with users' privacy. But Facebook's revenue and user base just keep growing. Investors appeared to share Facebook's more cautious outlook on Thursday, selling...
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Wall Street Weighs In On Boeing's Latest 737 Max Delay
Wednesday, January 22, 2020 - 1:32pm | 625Boeing Co (NYSE: BA) shares took a hit this week following reports that the grounded 737 Max won’t be cleared for flight by regulators until June or July. The new timeline is months later than the company had previously targeted. The 737 Max has been grounded by regulators since March of 2019...
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For Netflix, Getting (And Keeping) Subscribers In The Face Of Competition Is Expensive
Wednesday, January 22, 2020 - 12:05pm | 1026Netflix, Inc. (NASDAQ: NFLX) beat expectations on total subscriber adds, EPS and revenue but the sell-side reaction was mixed with bears worried about lackluster growth in U.S. subscribers and heavy spending on content as competition ramps up. The mixed results on subscriber adds, strong...