Latest news for AgileThought (OTC:AGILQ) Stock

AgileThought Inc is a full-service digital transformation and consulting firm. The company offers architects, developers, data scientists, engineers, transformation consultants, automation specialists, and other experts located across the United States and Latin America to deliver next-generation solutions that accelerate the digital business.

AgileThought Inc

Loop Capital analyst Yun Kim maintains Datadog (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) with a Buy and maintains $160 price target.

News

Price Target

Analyst Ratings

DDOG

Loop Capital Maintains Buy on Datadog, Maintains $160 Price Target

GLNG: 14% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/39645204">Golar LNG Enters Definitive Agreements With Pan American Energy For 20-Year Deployment Of Floating Liquefied Natural Gas Vessel In Argentina</a>
M: 8% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/39645065">Macy&#39;s shares are trading higher after the Wall Street Journal reported that Arkhouse and Brigade raised their offer for the company to $24.80 per share, up from $24 per share.</a>
MICS: 82% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/39644855">The Singing Machine Company Says It Completed The Acquisition Of SemiCab; As Part Of Transaction, Company Also Entered Into An Option Agreement To Acquire SMCB Solutions Private Limited</a>

Movers

Trading Ideas

GLNG

MICS

Market-Moving News for July 5th

Second Quarter Preliminary Sales and Revenue
During the three months ended June 30, 2024, the Company sold approximately 17,400 attributable gold equivalent ounces1 and realized preliminary revenue2 of $41.4 million (24,504 attributable gold equivalent ounces and $49.8 million in revenue for the comparable period in 2023). Preliminary cost of sales, excluding depletion2 for the three months ended June 30, 2024, was $4.7 million resulting in cash operating margins1 of approximately $2,043 per attributable gold equivalent ounce1 ($5.6 million and $1,744 per attributable gold equivalent ounce for the comparable period in 2023, respectively).

Earnings

Guidance

SAND

Sandstorm Gold Royalties Announces 2024 Q2 Sales and Revenue; Sold ~17,400 Attributable Gold Equivalent Ounces And Realized Preliminary Revenue Of $41.4M; Financial Results To Be Released August 1

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.2% on Friday.
Shares of Bitfarms Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BITF#NASDAQ">BITF</a>) fell sharply in today's pre-market trading <a href="https://www.benzinga.com/quote/BITF/news">amid weakness in </a>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
Bitcoin prices tumbled 4% to $55,377 on Friday.
Bitfarms shares dipped 7.6% to $2.32 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>TeraWulf Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) shares tumbled 12.6% to $4.55 in pre-market trading after the company reported an unaudited monthly production and operations update for June.</li>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) shares dipped 11.4% to $6.00 in pre-market trading after gaining around 7% on Wednesday. B. Riley Securities analyst Lucas Pipes, last week, maintained Applied Digital with a Buy and raised the price target from $6 to $8.</li>
<li>Iris Energy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) shares fell 10.9% to $12.78 in pre-market trading amid weakness in Bitcoin. Iris Energy announced on Tuesday that it has secured $413 million to fuel its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining expansion.</li>
<li>Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) shares declined 10.2% to $10.62 in pre-market trading amid a decline in Bitcoin prices.</li>
<li>Hut 8 Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) fell 8.8% to $14.73 in pre-market trading after the company its operations update for June 2024.</li>
<li>B. Riley Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILY#NASDAQ">RILY</a>) declined 8.1% to $15.60 in pre-market trading.</li>
<li>SunPower Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWR#NASDAQ">SPWR</a>) fell 7.1% to $2.49 in pre-market trading.</li>
<li>Marathon Digital Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) declined 6% to $19.73 in pre-market trading amid weakness in Bitcoin.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) fell 5.9% to $1,225.01 in pre-market trading.</li>
<li>HDFC Bank Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HDB#NYSE">HDB</a>) shares fell 5.5% to $62.95 in pre-market trading.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/markets/equities/24/07/39640402/macys-ascendis-pharma-and-3-stocks-to-watch-heading-into-friday">Macy&#8217;s, Ascendis Pharma And 3 Stocks To Watch Heading Into Friday</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>

Pre-Market Outlook

Markets

$BTC

APLD

BITF

BTDR

IREN

MARA

MSTR

RILY

SPWR

WULF

Bitfarms, TeraWulf And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Morgan Stanley analyst Toni Kaplan maintains Moody's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) with a Equal-Weight and raises the price target from $374 to $392.

Morgan Stanley Maintains Equal-Weight on Moody's, Raises Price Target to $392

Morgan Stanley analyst Toni Kaplan maintains S&amp;P Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) with a Overweight and raises the price target from $500 to $510.

SPGI

Morgan Stanley Maintains Overweight on S&P Global, Raises Price Target to $510

Small Cap Consumer Research analyst Eric Beder reiterates Betterware de Mexico SAPI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWMX#NYSE">BWMX</a>) with a Buy and maintains $22.5 price target.

Reiteration

BWMX

Small Cap Consumer Research Reiterates Buy on Betterware de Mexico SAPI, Maintains $22.5 Price Target

Secured High-Performance Computing (HPC) Hosting Contracts with CoreWeave for 270 MW of Infrastructure, Representing Total Revenue Opportunity of More than $4.7 Billion over 12-Year Terms
Earned 430 Self-Mined Bitcoin for a Total of 4,506 Bitcoin Year-to-Date and 1,680 in the Second Quarter; Clients Earned an Estimated 110 Bitcoin at Our Data Centers in June
Completed 72 MW Expansion at Denton, TX Data Center, Increasing Operational Infrastructure to 832 MW, and Began Project to Complete 100 MW of Partially Built Infrastructure at Pecos, TX Data Center
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.corescientific.com%2F&amp;esheet=54090867&amp;newsitemid=20240705879056&amp;lan=en-US&amp;anchor=Core+Scientific%2C+Inc.&amp;index=1&amp;md5=72eb6bf095db2fe5a2ebe89997525342">Core Scientific, Inc.</a> (NASDAQ:<a href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) ("Core Scientific" or "the Company"), one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America,today released unaudited production and operations updates for June 2024.

Core Scientific, Inc. - Class A Common Stock

CORZ

Core Scientific Announces It Secured A High-Performance Computing Hosting Contracts With CoreWeave For 270MW Of Infrastructure, Representing Total Revenue Opportunity ~$4.7B Over 12-Year Term; Earned 430 Self-Mined Bitcoin For A Total Of 4,506 Bitcoin YTD And 1,680 In Q2

On Thursday, Roche Holdings AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RHHBY#OTC">RHHBY</a>) said that the Phase 2/3 SKYSCRAPER-06 study of tiragolumab plus Tecentriq (atezolizumab) and chemotherapy versus pembrolizumab and chemotherapy as first-line treatment for locally advanced unresectable or metastatic non-squamous non-small cell lung cancer, did not meet <a href="https://www.roche.com/media/releases/med-cor-2024-07-04">its primary endpoints</a> of progression-free survival (PFS) at its primary analysis.
The hazard ratio (HR) was 1.27, and overall survival (OS) at its first interim analysis, with an HR of 1.33, was immature.
Merck &amp; Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) markets pembrolizumab as Keytruda.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/05/38878582/roche-to-ride-booming-obesity-treatment-market-with-newly-acquired-drug-candidate" rel="noreferrer noopener">Roche To Ride Booming Obesity Treatment Market With Newly-Acquired Drug Candidate</a>.
The combination of tiragolumab plus Tecentriq and chemotherapy <a target="_blank" href="https://www.roche.com/media/releases/med-cor-2024-07-04" rel="noreferrer noopener">showed</a> reduced efficacy in both PFS and OS compared to the comparator arm in the intent-to-treat population, which includes the phase 2 and phase 3 cohorts.
The overall safety profile remains consistent with those previously observed for the combination of tiragolumab plus Tecentriq and chemotherapy, and no new or unexpected findings were identified.
Based on these results, patients and investigators will be unblinded and Roche intends to halt the study.
&#8220;These results are disappointing as it was our hope that this combination might yield improved outcomes for people living with metastatic non-squamous lung cancer,&#8221; said Levi Garraway, Chief Medical Officer and Head of Global Product Development.
Ongoing phase 3 studies are investigating treatment settings and indications distinct from SKYSCRAPER-06. Based on the results, Roche said it would evaluate any relevant changes needed to the ongoing tiragolumab program.
On Friday, the FDA <a target="_blank" href="https://www.roche.com/media/releases/med-cor-2024-07-05" rel="noreferrer noopener">approved</a> Roche&#8217;s Vabysmo (faricimab) 6.0 mg single-dose prefilled syringe for neovascular or &#8216;wet&#8217; age-related macular degeneration, diabetic macular edema, and macular edema following retinal vein occlusion.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/06/39212602/italy-probes-european-pharma-giants-novartis-roche-over-eye-drug-competition-allegations" target="_blank" rel="noreferrer noopener">Italy Probes European Pharma Giants Novartis, Roche Over Eye Drug Competition Allegations</a>.</li>
</ul>

Biotech

Large Cap

Health Care

General

RHHBY

Roche's New Immunotherapy Fails To Show Benefit Over Merck's Blockbuster Keytruda In Lung Cancer Patients

WIIM

TSLA

Tesla shares are trading higher on continued strength following the company's delivery report. It was also reported that state-owned firms in Shanghai have purchase the Model Y.

<a href="https://www.reuters.com/business/autos-transportation/several-chinese-state-firms-shanghai-buy-tesla-model-y-cars-2024-07-05/" title="https://www.reuters.com/business/autos-transportation/several-chinese-state-firms-shanghai-buy-tesla-model-y-cars-2024-07-05/">https://www.reuters.com/business/autos-transportation/several-chinese-state-firms-shanghai-buy-tesla-model-y-cars-2024-07-05/</a>

Reuters Earlier Reported Multiple State-Owned Firms In Shanghai Purchased Tesla's Model Y

Sky Harbour Group Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKYH#NYSE">SKYH</a>, SKYH WS)))) announced that its stock has been added as a member of the Russell 2000&#xAE; Index, effective after the US market opened on July 1st, as part of the 2024 Russell indexes annual reconstitution.

SKYH

Sky Harbour Announces Listing On Russell 2000 Index, Was Effective On July 1, 2024

Shares of electric-vehicle maker Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose <a href="https://www.benzinga.com/premarket">in premarket trading</a> on Friday, signaling that they could extend their winning streak to an eighth straight session.
The premarket gains reflect the continuation of the momentum the stock has picked up since late-June. The stock broke out of a trading range around the time, in anticipation of the company&#8217;s second-quarter deliveries beating the lowered bar. With the number surprising to the upside, investors largely ignored the fact that sales fell for the second straight quarter.
Bullish analysts have stepped up their rhetoric that the company has turned the corner and is positioning for outperformance in the second-half of the year. 
More clarity may emerge when the company reports its quarterly results on July 23rd and hosts its earnings call. Gary Black of Future Fund clarified that he is not yet ready to jump into the Tesla buyers&#8217; bandwagon and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39639428/this-tesla-bull-wont-blindly-change-his-position-and-resume-buying-the-stock-despit">will prefer to wait till the earnings report is out before taking a call.</a>
Meanwhile, reports suggest CEO Elon Musk has ceased discussions with Indian government officials regarding plans to debut in the country, which is widely perceived to be a market offering immense potential.
In premarket, the stock rose 1.92% to $251.12, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data.</a> A move above $249 may help the stock turn to black for the year.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
See Also:
<ul>
<li><a href="https://www.benzinga.com/money/how-to-buy-tesla-stock">How To Buy Tesla Stock</a></li>
</ul>
Photos courtesy: Shutterstock

Equities

Tesla Stock On Track To Extend Gains For 8th Straight Session: What's Driving Rally?

VS Media Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>, the ", Company", )))), a leader in managing a global network of digital creators, today announced the receipt of formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). &nbsp;
On July 3, 2024, NASDAQ provided confirmation that for 10 consecutive business days, from June 18, 2024, through July 2, 2024, the closing bid price of the Company's common stock was at or above $1.00. The Company has thus regained compliance with Nasdaq Listing Rule 5550(a)(2) and NASDAQ considers the prior bid deficiency matter now closed.

VSME

VS Media Regains Compliance With Nasdaq Requirement

Chinese tech stocks, including Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and JD.Com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), are trading lower Friday after Baidu intensified domestic artificial intelligence rivalry with the latest price war.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05063232/newplot-10.png" alt="" class="wp-image-420984" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05063232/newplot-10.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/05063232/newplot-10-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Baidu launched its latest large language model, Ernie 4.0 Turbo, targeted at enterprise clients. Baidu Vice President Xie Guangjun announced an event in Shanghai on Friday, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-07-05/baidu-upgrades-ernie-ai-model-cuts-pricing-further?srnd=technology-vp&amp;sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Also Read: <a href="https://www.benzinga.com/news/24/06/39521291/whats-going-on-with-chinese-e-commerce-stocks-alibaba-pdd-and-more-on-thursday" target="_blank" rel="noreferrer noopener">Amazon Counters Temu and Shein with New Low-Cost Fashion and Lifestyle Storefront</a>
Baidu priced the Ernie 4.0 Turbo model at 30 yuan ($4.13) per 1 million input tokens and 60 yuan per 1 million output tokens. According to the company&#8217;s press release, earlier versions of Ernie will see up to 83% price reductions.
The average daily usage of Ernie models increased by 150% sequentially in the second quarter.
Baidu fiercely competes with other major Chinese tech firms and LLM startups for market share, offering free credits or significant discounts to developers using its AI models.
Comparatively, OpenAI&#8217;s GPT-4 model is priced at $5 per 1 million input tokens and $15 per 1 million output tokens.
To further enhance its market position, Baidu is also focusing on innovative applications of AI across various industries.
<a target="_blank" href="https://www.benzinga.com/news/24/05/38941156/alibaba-sparks-ai-price-war-with-massive-discounts-report" rel="noreferrer noopener">Prior reports indicated Alibaba was</a> slashing prices on its AI services by up to 97%, up from 55%.
Price Actions: BABA shares were trading lower by 0.62% at $75.09 in the premarket at the last check on Friday. BIDU is down 1.23% at $88.95, JD down by 1.60% at $26.44.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/government/24/06/39549709/alibaba-to-close-data-centers-in-australia-and-india-divert-investments-to-southeast-asia-and-mexico" target="_blank" rel="noreferrer noopener">Alibaba To Close Data Centers in Australia And India, Divert Investments To Southeast Asia And Mexico</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by Koshiro K on Shutterstock

Media

BABA

BIDU

What's Going On With Chinese AI Stocks Alibaba, Baidu, JD On Friday?

Bit Digital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced its unaudited digital asset production and corporate updates for the month of June 2024.
<a href="https://mma.prnewswire.com/media/1936804/Bit_Digital_Logo.html"><img src="https://mma.prnewswire.com/media/1936804/Bit_Digital_Logo.jpg" alt="(PRNewsfoto/Bit Digital, Inc.)" /></a>
Corporate Highlights for June 2024
<ul>
<li>The Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of June 30, 2024. The Company earned an estimated $4.1 million of unaudited revenue from this contract during the month of June 2024.</li>
<li>In June 2024, the Company produced 61.7&nbsp;BTC, a 2.5% decrease compared to the prior month.</li>
<li>The Company's active hash rate was approximately 2.57 EH/s as of June 30, 2024.</li>
<li>Treasury holdings&nbsp;[1] of&nbsp;BTC and ETH were 585.9 and 29,927.9 with a fair market value of approximately $36.7 million and $102.7 million, respectively, on June 30, 2024.</li>
<li>The BTC equivalent[2] of our digital asset holdings as of June 30, 2024, was approximately 2,230.5 or approximately $139.8 million.
<ul>
<li>The Company had cash and cash equivalents of $60.8 million and total liquidity (defined as cash and cash equivalents,&nbsp;USDC, and the fair market value of digital assets) of approximately $200.6 million, as of June 30, 2024.</li>
</ul>
</li>
</ul>

BTBT

Bit Digital Produced 61.7 BTC In June 2024, A 2.5% Decrease Compared To The Prior Month; Had 256 Servers Actively Generating Revenue From Its Initial Bit Digital AI Contract, Earned An Estimated $4.1M Of Unaudited Revenue

PHIO

Phio Pharmaceuticals Terminates Share Purchase Agreement With Triton Funds, Which Afforded Triton Opportunity To Purchase Up To 18.8% Of Co.'s Common Stock

Offerings

BNGO

Bionano Enters Agreements With Institutional Investors For For $30M Registered Direct Offering; Purchase And Sale Of 17,513,136 Shares At $0.571/Share

In the last three months, 5 analysts have published ratings on FuboTV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $3.58, along with a high estimate of $5.00 and a low estimate of $2.00. This current average represents a 5.29% decrease from the previous average price target of $3.78. 
<img src="https://www.benzinga.com/files/images/story/2024/1720180913_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive FuboTV. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$2.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Brett Knoblauch</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$2.90</td>
<td>$2.90</td>
</tr>
<tr>
<td>Michael Pachter</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$5.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>Michael Pachter</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$5.00</td>
<td>$5.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to FuboTV. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of FuboTV compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of FuboTV's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of FuboTV's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/FUBO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on FuboTV analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Unveiling the Story Behind FuboTV</h2>
FuboTV Inc is a sports-first, live TV streaming company, offering subscribers access to tens of thousands of live sporting events annually as well as news and entertainment content. Its platform, FuboTV, allows customers to access content through streaming devices and on SmartTVs, mobile phones, tablets, and computers. The company offers subscribers a live TV streaming service with the option to purchase incremental features available for purchase that include additional content or enhanced functionality best suited to their preferences. The operating segment of the group is Streaming. It has a business presence in the United States and other international countries.
<h3>Understanding the Numbers: FuboTV's Finances</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Positive Revenue Trend: Examining FuboTV's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 24.04% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -13.92%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -20.59%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -4.71%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: FuboTV's debt-to-equity ratio is below the industry average at 1.73, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FUBO

The Analyst Landscape: 5 Takes On FuboTV

Throughout the last three months, 6 analysts have evaluated Hertz Global Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>), offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $4.92, a high estimate of $9.00, and a low estimate of $2.50. A 39.78% drop is evident in the current average compared to the previous average price target of $8.17. 
<img src="https://www.benzinga.com/files/images/story/2024/1720180900_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of Hertz Global Holdings by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Babcock</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$2.50</td>
<td>$3.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$5.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Lizzie Dove</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Sell</td>
<td>$4.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>John Babcock</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$3.00</td>
<td>$9.00</td>
</tr>
<tr>
<td>Chris Woronka</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$6.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Adam Jonas</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$9.00</td>
<td>$10.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Hertz Global Holdings. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Hertz Global Holdings compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Hertz Global Holdings's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Hertz Global Holdings's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/HTZ/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Hertz Global Holdings analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Hertz Global Holdings</h2>
Hertz Global Holdings Inc is engaged in the vehicle rental and leasing business and operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and other services. Its operating segments and organized are based on the products and services provided and the geographic areas as :Americas RAC -which derives maximum revenue, includes Rental of vehicles, as well as sales of value-added services, in the U.S., Canada, Latin America and the Caribbean; and International RAC - Rental of vehicles, as well as sales of value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean.
<h3>Hertz Global Holdings: Delving into Financials</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Hertz Global Holdings's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 1.61%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Hertz Global Holdings's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -8.94%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Hertz Global Holdings's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -6.3%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Hertz Global Holdings's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.76% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 6.35, caution is advised due to increased financial risk.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.