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Plug Power 'Repositioning The Business To Drive Higher Margins,' Analyst Says: Breakeven 'Seems Even Farther Away'
2024 May 10, 12:05pm | 663Plug Power Inc (NASDAQ:PLUG) shares tanked in early trading on Friday, after the company reported disappointing results for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Plug Power Analyst Kashy Harrison maintained an...
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Unity Software Disappoints In Q1, 4 Analysts Provide Input On What To Expect In 'Back Half' Of 2024
2024 May 10, 11:28am | 579Shares of Unity Software Inc (NYSE:U) tanked in early trading on Friday, after the company reported mixed results for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst Bernie McTernan maintained a Buy rating and price target...
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Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are Optimistic About Outlook
2024 May 10, 10:50am | 524Roblox Corp (NYSE:RBLX) shares recovered slightly in early trading on Friday, after tanking in the previous session on the company’s weak outlook. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Roblox Analyst Eric Sheridan maintained a...
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Apyx Medical Reports Q1 Loss, Tops Revenue Estimates
2024 May 09, 2:11pm | 653Apyx Medical (NASDAQ: APYX) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -22...
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Affirm Holdings Selloff Is 'Baffling': Analysts Dive Into Financial Results
2024 May 09, 11:53am | 680Shares of Affirm Holdings Inc (NASDAQ:AFRM) were climbing in early trading on Thursday, after dropping more than 9% on Wednesday, after the company reported its fiscal third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Affirm...
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Shopify Profitability Remains A Concern, 5 Analysts Offer Commentary On Q1 Earnings
2024 May 09, 11:17am | 718Shares of Shopify Inc (NYSE:SHOP) tanked in early trading on Thursday, after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities analyst Andrew Boone upgraded the rating from Market Perform to Market...
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Airbnb Stock Plummets As JPMorgan Analyst Praises 'Solid Q1, Stable Q2, Acceleration In Q3'
2024 May 09, 10:54am | 834Shares of Airbnb Inc (NASDAQ:ABNB) declined by 7.69% to $147.75 in the premarket session on Thursday and continued to tank after the house-rental company reported first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan analyst Doug...
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ZoomInfo Technologies Stock Dives On Heels Of Q1 Earnings: 'Investors Need To Carefully Monitor The Macro'
2024 May 08, 2:42pm | 611Shares of ZoomInfo Technologies Inc (NASDAQ:ZI) continued to tank on Wednesday, after having lost more than 21% in the premarket session. The company reported results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Kash Rangan downgraded the rating from...
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Stocks Falter As Fed Signals Need For Higher-For-Longer Rates; Uber Crashes, Energy Sector Loses Ground: What's Driving Wednesday's Market?
2024 May 08, 1:26pm | 969Wednesday witnessed a tempering of the bullish sentiment that had buoyed Wall Street in recent sessions, with major indices showing slight declines around midday trading in New York. Hawkish remarks from Minneapolis Fed President Neel Kashkari and Boston Fed President Susan Collins sparked concerns...
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Can Reddit's Solid Momentum Continue? Analysts Say Social Media Company With 'Robust Business Model' Has 'Continued Strong User Growth'
2024 May 08, 12:52pm | 541Reddit Inc (NYSE:RDDT) shares were climbing in early trading on Wednesday, after the company reported strong first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Reddit Analyst Justin Post reaffirmed a Neutral rating while...
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Lyft Enjoys 'Continued Momentum': 3 Analysts Examine Q1 Earnings, Outlook Ahead Of Investor Day
2024 May 08, 11:52am | 508Shares of Lyft Inc (NASDAQ:LYFT) were climbing in early trading on Wednesday, after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan analyst Doug Anmuth reaffirmed a Neutral rating while lifting the...
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CBD-Focused Charlotte's Web Revenue Drops 29% In Q1 Amid Strategic Adjustments
2024 May 08, 11:25am | 713Charlotte’s Web Holdings, Inc. (OTCQX:CWBHF) (TSX:CWEB) announced its first quarter financial results Wednesday for 2024. The Colorado-based hemp extract wellness producer faced a challenging quarter, reporting a 29% decline in revenue to $12.1 million from $17 million in the same period last...
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Hims & Hers Health's Model 'Proving Effective': 2 Analysts Examine Q1 Earnings
2024 May 07, 12:57pm | 420Shares of Hims & Hers Health Inc (NYSE:HIMS) were climbing in early trading on Tuesday. The personal-care products company reported upbeat results for the first quarter. The results be reported amid an exciting earnings season. Here are some key analyst expectations. Piper Sandler analyst...
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Symbotic Reports Q1 Beat: Analysts Boost Their 2024 Estimates, 'Strong Secular Growth Story'
2024 May 07, 12:20pm | 410Symbotic Inc (NASDAQ:SYM) shares were climbing in early trading on Tuesday, after the company reported a sales beat for its fiscal second quarter. The results were reported amid an exciting earnings season. Here are some key analyst expectations. KeyBanc Capital Markets On Symbotic Analyst Ken...
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Shopify Q1 Preview: Analysts Predict Strong Sales Growth
2024 May 07, 10:58am | 380Shares of Shopify Inc (NYSE:SHOP) were trading lower on Tuesday ahead of the company's first-quarter results, scheduled for May 8. Here are some key analyst expectations amid an exciting earnings season. Truist Securities On Shopify Analyst Terry Tillman maintained a Hold rating and price target of...
Coverage of Earnings Misses.