Streetbeat News

Analyst Ratings

ARHS

Telsey Advisory Group analyst Joseph Feldman maintains an 'Outperform' rating on Arhaus (NASDAQ:ARHS) and raises the price target from $13 to $15.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 8:00 am

IIIV

Keybanc analyst Josh Beck maintains an Overweight rating on i3 Verticals (NASDAQ:IIIV) but lowers the price target from $28 to $26.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 7:58 am

IDBA

IDEX Biometrics (NASDAQ:IDBA) reported Q2 earnings per share of $(0.01), beating the analyst consensus estimate of $(0.39) by 97.44%. However, the company's quarterly sales of $1.46 million missed the analyst consensus estimate of $1.60 million by 8.56%. This represents a 32.04% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:16 am

CPRI

Capri Holdings Limited (NYSE:CPRI) is expected to report a sharp decline in its Q1 fiscal 2024 earnings on Aug. 10, 2023. Analysts predict earnings of 71 cents per share, down from $1.5 per share in the previous year, and revenue of $1.2 billion, down from $1.36 billion. Meanwhile, Tapestry is reportedly nearing a deal to acquire Capri Holdings. The company's shares fell 1.7% to close at $34.61 on Wednesday. Several analysts have recently downgraded the stock and cut their price targets.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 6:26 am

TSLA

Tesla CEO Elon Musk stated that the auto industry has yet to catch up with Tesla's achievements from over ten years ago. In Q3 2012, Tesla delivered over 250 Model S vehicles and launched its supercharger network. Currently, Tesla has delivered a total of 466,140 vehicles in Q2 2023 and has over 45,000 superchargers globally. Several automakers, including Ford, General Motors, and Volvo, are collaborating with Tesla to access its supercharger network.

Portfolio Pulse from Anan Ashraf

August 10, 2023 | 3:59 am

NVDA

PLTR

RBLX

ROKU

Ark Invest, led by Cathie Wood, purchased shares of Roblox Corp (RBLX) following its recent quarterly earnings report. The purchase was made through ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and Ark Fintech Innovation ETF (ARKF). Despite a 22% YoY growth in Q2 FY23 Bookings, Roblox's revenue missed the consensus by over $100 million. Ark Invest also bought shares of Palantir Technologies (PLTR) and sold shares of NVIDIA Corp (NVDA) and ROKU Inc (ROKU).

Portfolio Pulse from Benzinga Neuro

August 10, 2023 | 3:11 am

GHL

Greenhill & Co (NYSE:GHL) reported Q2 earnings of $0.21 per share, missing the analyst consensus estimate of $0.30 by 30 percent. This is a 120.39 percent increase over losses from the same period last year. The company also reported quarterly sales of $71.44 million, missing the analyst consensus estimate of $71.47 million by 0.05 percent, a 98.16 percent increase over sales from the same period last year.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 10:23 pm

BRDS

Bird Glb (NYSE:BRDS) reported Q2 losses of $(0.73) per share, beating the analyst consensus estimate of $(1.25) by 41.6%. However, the company's quarterly sales of $48.33 million missed the analyst consensus estimate of $68.72 million by 29.67%. This represents a 36.95% decrease over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:40 pm

GRTS

Gritstone Bio reported Q2 losses of $(0.31) per share, beating the analyst consensus estimate of $(0.35) by 11.43%. However, the company's quarterly sales of $1.96 million missed the analyst consensus estimate of $2.50 million by 21.80%. This represents a 64.27% decrease over sales of $5.47 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:17 pm

CRDF

Cardiff Oncology (NASDAQ:CRDF) reported Q2 losses of $(0.25) per share, beating the analyst consensus estimate of $(0.27) by 7.41%. This is a 4.17% decrease over losses from the same period last year. The company also reported quarterly sales of $108.00K, beating the analyst consensus estimate of $40.00K by 170.00%, a 18.68% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:10 pm