Wolfe Research

Shares of Bumble Inc. (NASDAQ:BMBL) fell over 2% on Thursday and slipped further during pre-market trading on Friday as Wolfe Research analyst Shweta Khajuria downgraded the stock to “peer perform” from “outperform.” What Happened: Wolfe Research cited several risk factors...

The year 2024 saw the U.S. stock market make new records, with major indices breaching key milestones. While many stocks witnessed a stellar rally this year, analysts still expect some blue-chip equities to rise further as they forecast a better return potential. Dow’s Performance In 2024 The...

There is such a slew of conflicting indicators and commentary on the economy swirling around these days that it may be hard to get a grip on how the consumer is doing. Walmart Inc. (NYSE:WMT), the world’s largest retailer, beat Wall Street forecasts for second-quarter profits and sales as it...

Chris Senyek, Chief Investment Strategist at Wolfe Research, recently expressed his views on the potential impact of a Donald Trump win in the 2024 elections on the cryptocurrency market. What Happened: Senyek suggested that a Trump presidency could ease crypto regulations, benefiting companies...

Shares of Oracle Corp (NYSE: ORCL) tanked in early trading on Tuesday, after the company reported disappointing second-quarter sales. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler analyst Brent Bracelin maintained an...

Shares of Microsoft Corp (NASDAQ: MSFT) climbed in early trading on Wednesday, after the company reported upbeat fiscal first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Bernstein On Microsoft Analyst Mark...

Fitness company Peloton Interactive (NASDAQ: PTON) is set to report fourth quarter financial results before the market open Wednesday. Here’s a look at the earnings estimates, what analysts are saying, and key metrics for investors to watch. Earnings Estimates: Analysts expect Peloton to...

Database giant Oracle Corp. (NYSE:ORCL) is scheduled to release its fiscal year fourth-quarter results Monday after the market close. An analyst at Wolfe Research upgraded the shares on the eve of the Austin, Texas-based company's earnings announcement. The Oracle Analyst: Alex Zukin upgraded...

Marqeta Inc (NASDAQ: MQ) stock has experienced a selloff, hitting 52-week lows on Thursday. The Oakland, California-based company generates around 70% of its revenues from Block Inc (NYSE: SQ), which uses Marqeta’s technology for its Cash App cards. Marqeta had almost hit free cash flow...

PulteGroup Inc. (NYSE: PHM), under the leadership of CEO Ryan Marshall, has ousted a second executive. Wolfe Research now expects the company to generate an operating cash flow of more than $2.3 billion in 2023, on a market cap of merely $12.5 billion. That should drive a net cash position of $2...

Analysts at Wolfe Research on Friday upgraded Warner Bros Discovery Inc (NASDAQ: WBD), saying after a tumultuous 2022 the “skeletons in Warner's closet have been accounted for,” indicating an upside from here. The Wolfe Analyst: Peter Supino upgraded Warner Bros to an...

Shares of Meta Platforms Inc (NASDAQ: META) came under pressure in premarket trading on Wednesday, after the company announced further layoffs. Raymond James analyst Aaron Kessler maintained an Outperform rating, while raising the price target from $220 to $238. Oppenheimer analyst Jason Helfstein...

An analyst is downgrading shares of electric vehicle leader Tesla Inc (NASDAQ: TSLA), and the fallout from the collapse of several banks is one reason why. The Tesla Analyst: Wolfe Research analyst Rod Lache downgraded shares of Tesla from Outperform to Peer Perform and maintained a $185...

Shares of Etsy Inc (NASDAQ: ETSY) climbed during Thursday’s premarket session on fourth-quarter results. Oppenheimer analyst Jason Helfstein reiterated an Outperform rating, while raising the price target from $150 to $155. Needham analyst Anna Andreeva maintained a Buy rating and price...

Shares of Fox Corp (NASDAQ: FOXA) have been in focus following reports of Rupert Murdoch weighing a merger of the company with News Corp (NASDAQ: NWSA). While there are catalysts in fiscal 2023, they are already reflected in the company’s stock valuation, according to Wolfe Research...