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Why This Coursera Stock Analyst Is Bullish
Friday, June 11, 2021 - 3:22pm | 350Read More...An RBC Capital Markets analyst is out bullish on shares of Coursera, Inc (NYSE: COUR), citing strengths in its multi-segment business model, irreversible tailwinds from the COVID-19 pandemic and rapid growth opportunities for margin expansion. The Coursera Analyst: Rishi Jaluria initiated...
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RBC's EV Pair Trade: Buy Fisker, Sell Lordstown
Wednesday, June 9, 2021 - 4:24pm | 625Read More...As electric vehicle developer Lordstown Motors Corp. (NASDAQ: RIDE) flagged a "going concern" warning this week, an analyst at RBC Capital Markets is out with a pair trade idea, recommending selling Lordstown and buying Fisker Inc. (NASDAQ: FSR). The EV Analyst:...
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Lordstown Motors Analysts React To Going Concern Warning: 'These Conditions Raise Substantial Doubt'
Wednesday, June 9, 2021 - 2:05pm | 594Read More...Lordstown Motors Corp (NASDAQ: RIDE) shares dropped another 18% on Wednesday following a 16.3% drop Tuesday after the company issued a “going concern” warning in its latest quarterly filing. What Happened? Lordstown went public in October of 2020 after completing a SPAC merger. Roughly...
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5 Lululemon Analysts Break Down Q1 Beat: 'Momentum Building At LULU'
Friday, June 4, 2021 - 2:50pm | 541Read More...Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter. Lululemon reported first-quarter adjusted EPS of $1.16 on revenue of $1.23 billion. Both numbers topped consensus analyst...
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5 Splunk Analysts Break Down SaaS Company's Q1 Earnings, Guidance
Thursday, June 3, 2021 - 4:59pm | 999Read More...Shares of cloud-based data analytics company Splunk Inc. (NASDAQ: SPLK) retreated Thursday following the release of its first-quarter results. The Splunk Analysts: Needham analyst Jack Andrews maintained a Buy rating on Splunk and lowered the price target from $265 to $198. Rosenblatt...
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Zoom Video Shares Pull Back After Q1 Earnings: What Do Analysts Think?
Wednesday, June 2, 2021 - 12:07pm | 624Read More...Zoom Video Communications Inc (NASDAQ: ZM) shares traded lower by 0.3% on Wednesday after the company reported blowout first-quarter earnings numbers but warned investors that a slowdown is coming in the quarters ahead. Zoom Video reported first-quarter adjusted EPS of $1.32 on $956.2 million in...
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Walmart Analysts Break Down Q1 Beat: 'Impressive Results Against Tough Comparisons'
Wednesday, May 19, 2021 - 2:12pm | 465Read More...Walmart Inc (NYSE: WMT) reported a big first-quarter earnings beat driven by online and grocery sales growth. On Tuesday morning, Walmart reported a first-quarter EPS of $1.69 on revenue of $138.3 billion. Both numbers exceeded consensus analyst estimates of $1.21 and $131.9 billion, respectively....
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4 Analysts Raise Their Cups To Starbucks' Latest Earnings Report
Wednesday, April 28, 2021 - 5:40pm | 1307Read More...Analyst reaction to Starbucks Corporation’s (NYSE: SBUX) FYQ2 earnings was mostly positive, with specific praise for the quarterly expansion of its membership program and its mobile ordering capacities. The Numbers: For the quarter ending March 28, Starbucks recorded $6.6 billion in revenue,...
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What To Expect When Tesla Reports Q1 Deliveries
Saturday, March 27, 2021 - 8:38am | 670Read More...Tesla, Inc. (NASDAQ: TSLA) is expected to release first-quarter delivery numbers next week. The latest numbers will come as the company's stock has seen a sell-off since February and a chip shortage has forced many automakers to trim production. Upbeat Expectations For Tesla:...
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4 Adobe Stock Analysts On Q1 Results, 'Improving Digital Tailwinds'
Wednesday, March 24, 2021 - 3:58pm | 742Read More...Adobe (NASDAQ: ADBE) reported first-quarter revenue of $3.91 billion on Tuesday, up 26% year-over-year. Digital media revenue helped fuel the vibrant performance at $2.86 billion, a 32% year-over-year spike. The company also generated $1.26 billion in net income for the quarter, or $2.61 per ...
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Why CrowdStrike Is A Top Growth Stock Pick
Wednesday, March 17, 2021 - 4:39pm | 490Read More...Crowdstrike Holdings Inc (NASDAQ: CRWD) shares traded lower by 2% on Wednesday after the company reported a profitable fourth quarter and issued guidance above Wall Street expectations. On Tuesday, CrowdStrike reported fourth-quarter adjusted EPS of 13 cents on $264.9 million in revenue. Both...
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How Restaurant Sales Reacted To 7 States Completely Lifting Seating Capacity
Tuesday, March 16, 2021 - 1:27pm | 352Read More...A total of seven states removed all COVID-19 pandemic seating restrictions for restaurants, which imply seating capacity returned to 2019 levels. Early data compiled by RBC found outperformance versus states that still have some form of restriction. What Happened: Arizona, Connecticut, Texas,...
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RBC: Keurig Dr Pepper Growth 'Gets Another Jolt', 'Monster' Results From Monster Beverage
Saturday, February 27, 2021 - 1:42pm | 601Read More...RBC analysts maintained a bullish stance on Keurig Dr Pepper Inc (NASDAQ: KDP) and Monster Beverage Corp (NASDAQ: MNST) after the two beverage giants reported encouraging fourth quarter results. The Keurig Dr Pepper and Monster Beverage Analyst: Nik Modi maintains an Outperform rating on Keurig Dr...
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Apple Is Better Off With Cryptocurrencies Than EVs: Analyst
Monday, February 8, 2021 - 5:06pm | 485Read More...Even as rumors swirl around Apple Inc (NASDAQ: AAPL) entering the growing electric vehicle market, an analyst at RBC Capital Markets is suggesting Cupertino has another, more lucrative opportunity. Crypto A Better Bet For Apple? Apple should be following in the footsteps of Tesla Inc...
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8 Intel Analysts On Q4 Report: Why Some See Difficult Years Ahead For Chipmaker
Friday, January 22, 2021 - 3:58pm | 1266Read More...Intel Corporation (NASDAQ: INTC) shares were trading lower in the wake of the chip giant's better-than-expected fourth-quarter results, which were reportedly issued a few minutes early Thursday after Intel's website was hacked. The Intel Analysts: BofA Securities...
