Michael Pachter

Investors continued to disconnect from Roku Inc (NASDAQ: ROKU) following tepid forward guidance that also failed to impress sell-side analysts, who warned of slowing growth in profits. The sell-off came despite third-quarter revenue and earnings beats on Wednesday. The Analysts Wedbush analyst...

Twitter Inc (NYSE: TWTR) has been one of the biggest disappointments in a relatively strong start to earnings season, with shares plummeting more than 20% following its third-quarter print. Twitter blamed platform bugs and advertising headwinds for its earnings and revenue misses in the third...

Will Netflix Inc. (NASDAQ: NFLX) be able to fend off new competition and continue to grow subscribers? It wasn't looking so good a few months ago, but after a rebound in subscriber growth in the third quarter led by overseas customers some analysts are thinking: Stranger Things have happened....

GoPro Inc (NASDAQ: GPRO) shares plunged and kept dropping after the company announced Wednesday afternoon a last-minute production delay for its new flagship HERO8 Black camera. GoPro sees preliminary third-quarter sales of $123 million-$127 million versus a $308.2 million estimate. Sell-side...

GameStop Corp. (NYSE: GME) continues to have a difficult year after reporting a second-quarter earnings miss Tuesday. Here's what the Street had to say.  Credit Suisse: It May Get Worse Before It Gets Better Credit Suisse analyst Seth Sigman said in a Wednesday note that the retailer...

Tech stocks led the market lower on Monday, with the Technology Select Sector SPDR Fund (NYSE: XLK) trading down 1% on the day. Twilio Inc (NYSE: TWLO) shares plunged 9.7%, Roku Inc (NASDAQ: ROKU) shares dropped 4.4% and Snap Inc (NYSE: SNAP) shares tumbled 7.1% amid the sell-off. Fearful Investors...

Online video game developer Zynga Inc (NASDAQ: ZNGA) has the potential to show notable upside versus the Street's estimates through 2021, according to Wedbush. The Analyst Michael Pachter maintained an Outperform rating on Zynga  with an unchanged $9 price target. Pachter also added...

Take-Two Interactive Software, Inc (NASDAQ: TTWO) stock was soaring Tuesday as analysts boosted price estimates in the wake of another big earnings beat and guidance that suggests the company thinks more wins are coming. The company reported higher net bookings and EPS 23 cents above the Street...

Action camera maker GoPro Inc (NASDAQ: GPRO) reported second-quarter results Thursday that fell short of estimates, but the company guided to a better outlook for the rest of the year. The Analysts Morgan Stanley's Erik Woodring maintained an Underweight rating on GoPro with an...

Glu Mobile Inc. (NASDAQ: GLUU) reported second-quarter Thursday results that were broadly in-line with expectations and reduced its guidance for the full year. Although the company’s 2019 has been impacted by a delay in the release of "Sorcerer’s Arena" by Walt Disney Co...

Zynga Inc (NASDAQ: ZNGA) reported second-quarter profits Wednesday that were significantly above expectations. Although the company raised its full-year guidance by more than the magnitude of the second-quarter beat, there is significant upside ahead from new game launches, according to...

Fitbit Inc (NYSE: FIT) reported second-quarter results highlighted by a poor performance of the Versa Lite. Management also lowered full-year guidance and provided a disappointing outlook to the third quarter. The stock plummeted more than 20% Thursday morning, hitting an all-time low of $3.27 per...

Twitter Inc (NYSE: TWTR) traded near its 52-week highs Monday morning after the company reported encouraging second-quarter results Friday. Twitter reported a top- and bottom-line beat in the quarter along with multiple encouraging metrics that signal the platform is experiencing growth. Some...

Snap Inc (NYSE: SNAP) reported a better-than-expected second-quarter earnings print, which prompted several analysts to lift their price targets on the stock but shied away from turning bullish. The Analysts Nomura Instinet's Mark Kelley maintains a Neutral rating on Snap with a price target...

Shares of Nintendo Ltd/ADR (OTC: NTDOY) were on the rise again Thursday after an upgrade from Wedbush following the company’s announcement of the handheld Nintendo Switch Lite. The Analyst Michael Pachter upgraded Nintendo from Neutral to Outperform and boosted the target price for the Tokyo-...