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DraftKings Guidance Hit By Unfavorable NFL Outcomes: Analysts Focused On 2025
Friday, November 8, 2024 - 1:13pm | 607DraftKings Inc (NASDAQ:DKNG) analysts highlight the long-term outlook and opportunities after the company lowered fourth-quarter and full-year guidance Thursday. Benchmark analyst Mike Hickey reiterated a Buy rating with a $44 price target. Needham analyst Bernie McTernan reiterated a Buy rating...
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Rivian Stock 'Long-Term Winner' In Gas-To-Electric Transition: Analyst
Friday, November 8, 2024 - 11:47am | 826Rivian Automotive (NASDAQ:RIVN) analysts are cautious on the short-term outlook for the electric vehicle company with supply chain concerns, after the company missed third-quarter revenue and earnings per share estimates. The Rivian Analysts: Truist analyst Jordan Levy maintained a Hold rating on...
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Amazon Analysts See Growth Ahead With AWS In 'Early Innings Of A Big AI Cycle,' Advertising Segment Fast-Growing 'Hidden Asset'
Friday, November 1, 2024 - 1:46pm | 914Amazon.com Inc (NASDAQ:AMZN) analysts see strength in AWS, retail and advertising after the company’s third-quarter results. The Amazon Analysts: Bank of America analyst Justin Post reiterated a Buy rating on Amazon and raised the price target from $210 to $230. Wedbush analyst Scott Devitt...
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Intel Struggles With Market Share, Profitability: Q3 Analyst Insights
Friday, November 1, 2024 - 12:39pm | 881As Intel Corp (NASDAQ:INTC) struggles to regain market share and profitability, ratings and price targets reflect a cautious outlook for the semiconductor giant following third-quarter results. The company on Thursday reported an EPS loss of 46 cents, significantly wider than the anticipated loss...
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AMD Stock Drops On Q4 Outlook As 10 Analysts Highlight 'Long-Term AI Growth Opportunity,' Nvidia Rivalry
Wednesday, October 30, 2024 - 3:26pm | 1225Advanced Micro Devices Inc (NASDAQ:AMD) analysts make a case for the company to gain market share in several sectors as it works to compete against NVIDIA Corp (NASDAQ:NVDA) and grow its AI business, as evidenced in third-quarter results. The AMD Analysts: KeyBanc analyst John Vinh reiterated an...
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Alphabet 'At The Forefront Of The AI Race': Analysts See Attractive Valuation; Highlight Cloud, YouTube, Search Results
Wednesday, October 30, 2024 - 2:25pm | 1495Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is viewed favorably by analysts after showing strength in cloud, search and YouTube segments and spending on AI initiatives paying off, after the company reported third-quarter financial results Tuesday. The Alphabet Analysts: BMO Capital analyst Brian Pitz...
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Tesla Q3 'An Unexpectedly Good Quarter': 10 Analysts On Earnings, Margins, FSD, Robotaxis, More
Thursday, October 24, 2024 - 12:28pm | 1357Tesla Inc (NASDAQ:TSLA) beat earnings estimates and showed improving margins in the third quarter, along with a strong vehicle delivery outlook for 2025, which were among the highlights for analysts. The Tesla Analysts: Piper Sandler analyst Alexander Potter reiterated an Overweight rating on...
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Nike Stock Takes Hit After Q1 Earnings: Analysts Expect Comeback To Take Time With 'Uncertain Path'
Wednesday, October 2, 2024 - 11:29am | 902Nike Inc's (NYSE:NKE) first-quarter financial results showed that a turnaround by incoming CEO Elliot Hill could take longer than expected and come with increasing challenges, according to analysts. The Nike Analysts: RBC Capital analyst Piral Dadhania maintained a Sector Perform rating and...
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AutoZone Q4 Earnings Preview: Data Shows Strong Visit Growth, Analyst Says Company To 'Continue To Take Share Over Time'
Monday, September 23, 2024 - 5:56pm | 630Automotive parts retailer AutoZone Inc (NYSE:AZO) looks to keep its streak of earnings beats alive when the company reports fourth-quarter financial results before the market opens Tuesday, Sept. 24. Earnings Estimates: Analysts expect AutoZone will report fourth-quarter earnings per share of $53....
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Nike CEO Announcement 'Icing On The Cake' For Bulls: 8 Analysts React To Elliot Hill's Ascension
Friday, September 20, 2024 - 2:54pm | 1141The announcement that Nike Inc (NYSE:NKE) is bringing in Elliot Hill as the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company’s strategy for a turnaround and plans to return to revenue growth. The Nike Analysts: Piper...
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CrowdStrike Analysts See Execution At High Level After Microsoft Outage: Why 'Doomsday Scenario' Didn't Happen
Thursday, August 29, 2024 - 12:06pm | 872Analysts are impressed with the financial results and company commentary from CrowdStrike Holdings Inc (NASDAQ:CRWD) beating revenue and earnings per share estimates in the second quarter. The impact from the update that caused the Microsoft outage is viewed as less severe than analysts originally...
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Lululemon Q2 Earnings Preview: Analyst Says Apparel Stock Oversold
Wednesday, August 28, 2024 - 3:22pm | 742When Lululemon Athletica Inc (NASDAQ:LULU) releases quarterly financial results after market close Thursday, analysts expect second-quarter revenue of $2.41 billion, or $2.94 per share, according to data from Benzinga Pro. The company reported revenue of $2.21 billion, or $2.68 per share, for the...
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Nvidia Stock Q2 Earnings Preview: Analyst Says 'AI Cycle Far From Over,' Company Has 'First Mover Advantage'
Tuesday, August 27, 2024 - 2:33pm | 1055One of the most valuable companies in the world, NVIDIA Corporation (NASDAQ:NVDA) could serve as a leading market indicator for the technology and semiconductor sectors when it reports second-quarter financial results on Wednesday, Aug. 28 after market close. Earnings Estimates: Analysts expect...
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Walmart Stock 'One Of The Most Compelling' Retail Investments: 7 Analysts Highlight Market Share Gains
Friday, August 16, 2024 - 12:18pm | 968Walmart Inc (NYSE:WMT) analysts are highlighting the company’s market share gains and improving gross margins in the retailer’s second-quarter earnings report. The Walmart Analysts: Bank of America analyst Robert Ohmes reiterated a Buy rating and raised the price target from $75 to $...
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Chipotle CEO Brian Niccol Jumps Ship To Starbucks, 6 Analysts Weigh Implications: 'Undeniable Victory'
Wednesday, August 14, 2024 - 2:34pm | 1137The surprise departure of Chipotle Mexican Grill Inc (NYSE:CMG) chairman and CEO Brian Niccol sent shockwaves across the restaurant industry. Analysts seem to agree Starbucks Corp (NASDAQ:SBUX) is the clear winner, but Chipotle remains in good hands. What Happened: Chipotle announced...