Tom Forte

Smart speaker maker Sonos Inc. (NASDAQ: SONO) posted a strong third-quarter beat Wednesday, but investors aren’t hearing how good things sound for the growing company, sell-side analysts said. The company’s new partnership with Ikea, which will sell Sonos connected speakers, and...

Roku Inc (NASDAQ: ROKU) reported second-quarter results which prompted two analysts to turn bullish on the streaming content provider. Earnings came in at a loss of 8 cents per share, beating estimates by 13 cents. Sales came in at $250.1 million, beating estimates by $25.9 million. The company...

After the success of the Fortnite World Cup Finals in New York over the weekend, D.A. Davidson said the battle royale game franchise is "alive and well. The event is a positive data point for the emergence of esports, analyst Tom Forte said in a Monday note.  The analyst said he...

Overstock.com, Inc. (NASDAQ: OSTK) is launching a mobile wallet app for buying and using cryptocurrency, leading investors to spend traditional money snapping up the stock Friday morning. The Analyst DA Davidson’s Tom Forte reiterated a Buy rating on Overstock with a $48 price target. The...

Shopify Inc (NYSE: SHOP) held its Unite partners and developers conference June 18-20 in Canada. The company's recently announced fulfillment, international expansion and retail initiatives should complement its core mission and enable the e-commerce platform to generate “a high rate of...

Roku Inc (NASDAQ: ROKU) announced the addition of Activation Insights to its array of over-the-top advertising tools, the Ad Insights Suite. The move could “serve as a catalyst” for the company’s advertising sales and boosts the near-term and long-term outlook, according to D.A....

“Hey Google, should I buy Sonos Inc. (NASDAQ: SONO)?” Google Assistant can now answer questions through the Sonos One and Beam Speakers. And those people who don’t have Sonos speakers may buy one because of the new Google function, DA Davidson said Wednesday. The Analyst DA...

Pinterest Inc (NYSE: PINS) debuted on a public market in April and research firms are now free to offer their recommendations to clients. Here's a sampling of what some sell-side firms think about Pinterest. Bank of America's Justin Post initiated coverage of Pinterest with a Neutral rating...

Etsy, Inc. (NASDAQ: ETSY) shares were dropping Thursday after the e-commerce company fell short of first-quarter revenue estimates. But analysts chose to focus on the company’s earnings beat and higher company expectations for gross merchandise sales and revenue growth, with several...

Wall Street analysts continue to like gaming headset maker Turtle Beach Corp (NASDAQ: HEAR), even as investors were selling the stock Thursday morning following a first-quarter revenue and earnings beat. Analysts acknowledge an expected 2019 revenue drop after a big 2018, but say the large and...

Online marketplace eBay Inc (NASDAQ: EBAY) reported Tuesday with first-quarter results that came in better than expected — but not all Street analysts are impressed with the print. The Analysts Morgan Stanley's Brian Nowak maintained an Equal-weight rating on eBay ...

D.A. Davidson remains bullish on Turtle Beach Corp. (NASDAQ: HEAR), which announced last week that it sold its 30 millionth gaming headset. — more than 12 million more than its largest competitor. The Analyst D.A. Davidson’s Tom Forte reiterated a Buy rating on Turtle Beach with a $23...

Fitness tracker and smartwatch maker Fitbit Inc (NYSE: FIT) swung back to a profit in the fourth quarter, but guidance for 2019 disappointed some investors. The report was compelling enough for one research firm to turn bullish, but another continues to recommend investors stick to the sidelines...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) needs to return to the drawing board to decide if and where it will open its second quarters after scrapping plans for a facilities in Long Island City, Queens. Expert takes after Amazon's Thursday announcement that it's pulling out of the...