Matthew Harrigan

Music streaming service Spotify Technology SA (NYSE: SPOT) reported first-quarter results Monday before the market open.  The Headline Numbers Spotify's first-quarter EPS loss of 88 cents missed the consensus estimate for a 39-cent loss, while sales of $1.69 billion beat the $1.66-...

The analysts covering Netflix Inc. (NASDAQ; NFLX) stock this week are much like a big family trying to figure out what to watch on the streaming service. Some are leaning strongly Bull (Durham) and a few are vociferously arguing for (Paddington) Bear. In between, there's some romance...

Electronic Arts Inc. (NASDAQ: EA) is enjoying a strong rebound thanks to a successful launch of its new "Apex Legends" battle royale game with hopes of competing with "Fortnite." But analysts had mixed opinions Monday on if and how much the game will boost EA investors...

Game makers are in a battle royale for players’ time — and while the well-known traditional companies are still in the fight, they’re having trouble competing against "Fortnite." Two big game companies this week reported soft earnings and tepid expectations for what...

Video game maker Electronic Arts Inc. (NASDAQ: EA) reported Tuesday afternoon with fiscal third-quarter results that CEO Andrew Wilson acknowledged "did not perform to our expectations." Here's how the Street's analysts reacted to the quarterly print and guidance....

Netflix, Inc. (NASDAQ: NFLX) customers will be paying as much as 18 percent more for their streaming video subscription and Street analysts were mostly optimistic on the move. What Benefit Will It Bring? Netflix's announced a price increase of 13 percent to 18 percent depending on the...

The bullish case for Netflix, Inc. (NASDAQ: NFLX) can now be made solely on a revision of the company's pricing power and overshadows expectations for continued cash burn through 2022, according to Buckingham. The Analyst Buckingham Research Group's Matthew Harrigan upgraded Netflix from...

Analysts remain divided on Netflix, Inc. (NASDAQ: NFLX) following the stock’s huge 2018 run-up and its disappointing third-quarter guidance. In the past two days, one Wall Street bull and one bear weighed in on Netflix and discussed the pros and cons of buying the stock. RBC’s Bull Case...

Netflix, Inc. (NASDAQ: NFLX) investors should hold a bearish stance on the stock ahead of the company's second-quarter earnings report after Monday's market close, according to Buckingham Research Group.  The Analyst Buckingham's Matthew Harrigan downgraded Netflix from...

Despite rolling back its “hateful content” policy on May 30, which had banned rappers R. Kelly and XXXTentacion from being placed on popular playlists, Spotify Technology (NYSE: SPOT) has demonstrated the power it has in promoting artists. This power was confirmed by a recent European...

The massive IPO that Tencent Music is reportedly pursuing benefits Spotify Technology SA (NYSE: SPOT)'s valuation by validating streaming services, according to Buckingham Research Group. The Analyst  Aanalyst Matthew Harrigan maintains a Neutral rating on Spotify with a $175 price...

Sirius XM Holdings Inc (NASDAQ: SIRI) is trading at 12-year highs, and one sell-side analyst projects another 9 percent in upside for the satellite radio stock. The Rating Buckingham Research Group analyst Matthew Harrigan downgraded Sirius from Buy to Neutral and raised the price target from $7...

Spotify Technology SA (NYSE: SPOT) reported its first earnings as a public company Wednesday afternoon. Here what the Street is saying after the print.  The Analysts Morgan Stanley's Benjamin Swinburne maintains an Overweight on Spotify's stock with an...

Streaming music provider Spotify Technology SA (NYSE: SPOT) offers consumers a "great product," but the same can't be said for the stock at its current valuation, according to Buckingham. The Analyst Buckingham Research's Matthew Harrigan initiated coverage of Spotify's...

Netflix, Inc. (NASDAQ: NFLX) blew Wall Street’s expectations out of the water Monday when it reported first-quarter subscriber growth of 7.41 million, well above consensus estimates. Earnings guidance also came in higher than expectations. As a result, Netflix traded around $334.56 late...