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Dec 6, 2023 - Davit Kirakosyan
SentinelOne Stock Jumps 18% Following Q3 Beat & Strong Outlook
Shares of SentinelOne (NYSE:S) experienced a significant 18% increase intra-day today following the announcement of their third-quarter results, which exceeded expectations. The company reported earnings per share (EPS) of ($0.03), surpassing the predicted ($0.08). Their revenue saw a remarkable 42%...
Dec 6, 2023 - Davit Kirakosyan
Campbell Soup Gains 7% Following Q1 Results
Shares of Campbell Soup (NYSE:CPB) grew more than 7% intra-day today following the release of their latest quarterly earnings, which exceeded profit expectations set by analysts. The company reported first-quarter earnings of $0.91 per share, which is $0.03 higher than the analyst prediction of $0.8...
Dec 6, 2023 - Davit Kirakosyan
Ollie's Bargain Outlet Gains 4% on Strong Q3 Earnings
Ollie's Bargain Outlet (NASDAQ:OLLI) experienced a 4% surge in its share prices intra-day today following a third-quarter performance that exceeded both earnings and revenue expectations set by analysts, leading to an increase in their full-year guidance. For the third quarter, the company reported ...
Dec 6, 2023 - Davit Kirakosyan
Yext Shares Drop 20% After Q3 Miss & Guidance Cut
Shares of Yext (NYSE:YEXT) experienced a significant drop of over 20% intra-day today. This decline came after the company reported third-quarter revenues that fell short of market expectations and subsequently lowered its full-year revenue forecast. In their report released after Tuesday's market c...
Dec 6, 2023 - Davit Kirakosyan
Box Shares Drop 9% Following Q3 Results
Shares of Box (NYSE:BOX) experienced a 9% decline intra-day today following the release of their third-quarter results. The company reported earnings per share (EPS) of $0.36, which was below the Street estimate of $0.38. Box's revenue saw a 5% year-over-year increase, reaching $262 million. However...
Dec 6, 2023 - Davit Kirakosyan
Asana Shares Plummet 16% Despite Q3 Beat
Asana (NYSE:ASAN) shares experienced a notable drop of over 16% intra-day today despite the company announcing third-quarter results that surpassed expectations and provided an outlook better than forecasts. For the third quarter, Asana reported an earnings per share (EPS) of ($0.04), which was more...
Dec 5, 2023 - Davit Kirakosyan
CVS Health Gains 3% on Better Than Expected Outlook
CVS Health (NYSE:CVS) projected its 2024 revenue to surpass current market expectations, aiming for at least $366 billion compared to the Street's estimate of $345.5 billion. The company is also targeting an adjusted earnings per share (EPS) of at least $8.50 for 2024, aligning with consensus foreca...
Dec 5, 2023 - Davit Kirakosyan
Broadridge Financial’s Price Target Raised at Evercore ISI
Evercore ISI analysts increased their price target for Broadridge Financial Solutions (NYSE:BR) from $226.00 to $230.00, while maintaining their Outperform rating. The analysts anticipate that at Broadridge's triennial investor day this Thursday, there is a high likelihood, about 75%, of the company...
Dec 5, 2023 - Davit Kirakosyan
GitLab Stock Surges 15% After Q3 Beat & Strong Guidance
GitLab (NASDAQ:GTLB) saw its shares climb over 15% intra-day today following its impressive third-quarter results. The company reported an earnings per share (EPS) of $0.09, surpassing the Street estimate of a loss of $0.01. Additionally, GitLab's revenue reached $149.7 million, exceeding the expect...
Dec 5, 2023 - Davit Kirakosyan
Nio Stock Gains 5% Despite Earnings & Guidance Miss
Shares of the electric vehicle (EV) manufacturer NIO (NYSE:NIO) saw an increase of over 5% intra-day today following the announcement of its third-quarter results. This rise in stock value came despite Nio reporting revenue figures and adjusted losses per share that fell short of market expectations...
Dec 5, 2023 - Davit Kirakosyan
G-III Apparel Group Reports Q3 EPS Beat
G-III Apparel Group (NASDAQ:GIII) announced its latest earnings, which exceeded profit expectations. For the third quarter, the company reported an earnings per share (EPS) of $2.78, which was $0.73 higher than the analyst estimate of $2.05. However, the company's revenue for the quarter was $1.07 b...
Dec 5, 2023 - Davit Kirakosyan
Coinbase’s Price Target Raised at Needham, Shares Gain
Needham & Company updated its price target for Coinbase (NASDAQ:COIN) raising it from $120 to $160 per share, while maintaining a Buy rating on the stock. As a consequence, the company’s shares rose more than 3% intra-day today. The analysts observed that retail engagement in the crypto space is no...
Dec 4, 2023 - Davit Kirakosyan
Spotify Shares Surge 9% on Job Cut Announcement
Spotify (NYSE:SPOT) experienced a more than 9% increase in its share price intra-day today following the announcement of a significant workforce reduction. CEO Daniel Ek, in a post on the company's website, described this move as a pivotal change for Spotify. He announced that around 17% of the tota...
Dec 4, 2023 - Davit Kirakosyan
Ambarella Reports Better Than Expected Q3 Earnings
Ambarella (NASDAQ:AMBA) reported its Q3 earnings, with a loss of $0.28 per share, which was less than the anticipated $0.39 loss per share forecasted by analysts. The company's revenue for the quarter was $50.6 million, slightly above the Street estimate of $50.01 million. Despite this positive outc...
Dec 4, 2023 - Davit Kirakosyan
Fisker’s Rating Slashed at Evercore ISI
Evercore revised its rating for Fisker (NYSE:FSR) from Outperform to In-Line and set a 12-month price target of $2.00 for the stock. This downgrade follows Fisker's announcement that it has lowered its production forecast from an initial range of 13,000 to 17,000 units to just 10,000 units. The anal...
Dec 4, 2023 - Davit Kirakosyan
Piper Sandler Chooses Nvidia as its Top Large-Cap Pick
Piper Sandler's analysts maintained an Overweight rating on Nvidia (NASDAQ:NVDA) with a target price of $620 per share. Additionally, they selected NVDA as Piper Sandler's new Top Large-Cap Pick, taking over from Advanced Micro Devices (NASDAQ:AMD). This decision is based on several factors. Firstly...
Dec 4, 2023 - Davit Kirakosyan
Hawaiian Shares Jump Following Alaska Air Acquisition Announcement
Shares of Hawaiian Holdings (NASDAQ:HA) surged by more than 188% intra-day today following the news that Alaska Air (NYSE:ALK) has proposed to buy the company for $1.9 billion. In this deal, Alaska Air will pay $18 per share in cash, and the total transaction includes Hawaiian Airlines' net debt of ...
Dec 4, 2023 - Davit Kirakosyan
Wells Fargo Raises CyberArk Software’s Rating to Overweight
Analysts at Wells Fargo raised the rating of CyberArk Software (NASDAQ:CYBR) from Equal Weight to Overweight, setting a target price of $250.00. The analysts explained that the $250 target is based on a 10.0x EV/Sales multiple of their 2025 projections, slightly above the average of 9.4x for similar...
Dec 1, 2023 - Davit Kirakosyan
Boeing’s Price Target Raised at Baird
Baird analysts increased their price target for Boeing (NYSE:BA) to $300.00, up from the previous $250.00, while maintaining an Outperform rating. This adjustment follows November delivery checks, which indicated strong momentum for the company. The analysis, based on proprietary delivery checks, re...
Dec 1, 2023 - Davit Kirakosyan
Big Lots Shares Jump After Q3 Report
Shares of Big Lots (NYSE:BIG) experienced a notable surge of around 10% on Thursday, with a further surge of 11% intra-day today, following the company's latest earnings release which exceeded consensus earnings expectations. For the third quarter, Big Lots reported an earnings per share (EPS) of (...
