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Twitter's User Growth Is Impressive, But There's Too Much Near-Term Uncertainty
Friday, July 24, 2020 - 11:51am | 652Read More...Twitter Inc (NYSE: TWTR) shares got a boost this week after the company reported much stronger-than-expected user numbers in the second quarter. However, ad revenue dropped 23% on the quarter, highlighting that Twitter is not immune to the pressures weighing on other social media platforms as well...
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Snap Analyst Projects 37% Revenue Growth In 2020
Friday, December 13, 2019 - 12:35pm | 373Read More...Social media company Snap Inc (NYSE: SNAP) is more "stable" today than it was a year ago, according to JMP Securities. and investors should be buyers of the stock, according to JMP. The Analyst Ronald Josey upgraded Snap from Market Perform to Market Outperform with a new $20 price target...
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Sell-Side Likes Peloton's Winning First Quarter As Public Company
Wednesday, November 6, 2019 - 1:55pm | 400Read More...Peloton Interactive Inc (NASDAQ: PTON) saw stronger results than expected in nearly every metric in the connected fitness bike provider's first quarter as a public company, keeping sell-side analysts along for the ride. The Analysts JMP's Ronald Josey reiterated a Market Outperform rating...
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GrubHub Analysts Debate If Investors Should Buy The 40% Plunge
Tuesday, October 29, 2019 - 1:10pm | 575Read More...Food delivery company GrubHub Inc (NYSE: GRUB) reported disappointing third-quarter results amid lower order frequency, retention and loyalty rates among active customers. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts JMP analyst Ronald Josey...
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3 Takeaways From Uber's Q2 Print
Monday, August 12, 2019 - 12:12pm | 622Read More...Uber Technologies Inc. (NYSE: UBER) continued to find some sell-side appreciation on Monday despite ongoing investor squeamishness over a disappointing second quarter report last week in which it missed revenue and earnings estimates. JMP Securities on Monday joined a small chorus of analysts...
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Facebook's Product And WhatsApp Chiefs Are Leaving, Analysts Say It's Consistent With Transition Towards Privacy
Friday, March 15, 2019 - 8:47am | 496Read More...Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg said in a post to employees on Thursday the company's chief product officer Chris Cox and head of WhatsApp Chris Daniels are leaving the company. What Happened Cox worked closely with Zuckerberg to build products for more than a decade and played...
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Analysts React To Yelp's Q3 Sales Miss, Guidance: Execution Missteps, Anemic Growth
Friday, November 9, 2018 - 11:20am | 825Read More...Online restaurant and business review platform Yelp Inc. (NYSE: YELP) reported Thursday its third-quarter results, highlighted by a revenue miss and concerning outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo's Robert...
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CarGurus Scores Bullish Ratings On Positive Earnings
Wednesday, August 8, 2018 - 3:19pm | 381Read More...Online auto marketplace CarGurus Inc (NASDAQ: CARG) recorded top- and bottom-line beats in its Tuesday earnings report. That, combined with confident annual guidance, inspired a pair of upgrades. RBC Capital Markets analysts Mark Mahaney and Shweta Khajuria upgraded CarGurus to Outperform and...
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5 Reasons Why JMP Securities Is Bullish On EverQuote
Monday, July 23, 2018 - 3:41pm | 437Read More...EverQuote (NASDAQ: EVER), a free website for comparing quotes on auto insurance, listed on the Nasdaq June 28. JMP Securities is taking a bullish stance on the stock and outlined five key investment themes. The Analyst Analyst Ronald Josey initiated coverage of EverQuote with a Market Outperform...
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Amazon's PillPack Acquisition: What It Means For The Tech Giant And Everybody Else
Friday, June 29, 2018 - 12:43pm | 951Read More...Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of PillPack, an online pharmacy previously targeted by Walmart Inc (NYSE: WMT). The transaction is seen to advance Amazon’s health care campaign to the detriment of the vast and diverse sector. What It Means For Amazon Amazon had...
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GoDaddy Surges On Strong Guidance, 216K More Net Customers
Friday, February 23, 2018 - 2:45pm | 413Read More...Godaddy Inc (NYSE: GDDY) shares were soaring over 10 percent Friday, one day after the company delivered a fourth-quarter sales beat and raised its sales outlook for the full fiscal year. The Analyst JMP Securities analyst Ronald Josey reiterated a Market Perform rating and raised the price...
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5 Reasons JMP Downgraded Snap (And 4 Reasons They Could Be Wrong)
Wednesday, November 15, 2017 - 10:52am | 383Read More...Snap Inc (NYSE: SNAP)'s third quarter earnings report disappointed investors and the company's plans to introduce changes to its app has some investors concerned it will negatively impact advertiser demand. The Analyst JMP Securities' Ronald Josey downgraded Snap's stock from...
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Alphabet's Q2 Earnings Sell-Side Roundup
Tuesday, July 25, 2017 - 3:45pm | 789Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares dropped 3 percent on Tuesday after the company’s second-quarter earnings report disappointed the market. A number of Wall Street analysts weighed in on Google following the report. Here’s a rundown of what they had to say. Voices From...
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Analyst Undeterred: JMP Maintains Outperform Rating On Snap
Thursday, May 11, 2017 - 12:28pm | 446Read More...Undeterred by light DAU net additions and below-consensus first-quarter revenues reported by Snap Inc (NYSE: SNAP), JMP Securities maintains its Outperform rating on the shares of the company, with a $28 price target. User Engagement Encourages Analysts Ronald Josey, Andrew Boone and Shweta...
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Pandora Pays A Premium For What It Hopes Will Be The Right Strategic Investor
Tuesday, May 9, 2017 - 8:53am | 385Read More...Shares of Pandora Media Inc (NYSE: P) were trading higher by nearly 4 percent early Tuesday morning in reaction to the company's mixed financial results. However, the company's earnings report was accompanied by the announcement of a $150 million investment from the private equity powerhouse KKR...
