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Analyst Ratings

U

Unity Software Inc (NYSE:U) shares fell after reporting Q4 financial results. Revenue increased 35% YoY to $609 million, beating estimates, but the loss per share of 66 cents missed expectations. The company forecasts Q1 strategic portfolio revenue between $415 million to $420 million and full-year 2024 revenue of $1.76 billion to $1.8 billion. Piper Sandler upgraded Unity from Underweight to Neutral, lowering the price target from $35 to $30. Shares were down 13.3% at $28.65.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 1:33 pm

NVDA

QQQ

The article discusses the potential impact of seasonal weakness on growth stocks, particularly focusing on the Nasdaq 100, represented by QQQ. It outlines four scenarios ranging from very bullish to super bearish for QQQ, influenced by factors like Nvidia's (NVDA) earnings, market conditions, and Federal Reserve actions. Each scenario is assigned a probability by the author, Dave, with the mildly bearish scenario deemed most likely at 45%.

Portfolio Pulse from David Keller

February 27, 2024 | 1:30 pm

DPZ

Domino's Pizza Inc (NYSE:DPZ) reported Q4 earnings surpassing expectations with an EPS of $4.48 against a consensus of $4.38, and sales of $1.40 billion. Despite a slight miss on sales consensus, the company announced a 25% dividend increase to $1.51 and a $1 billion stock buyback. Analysts from JP Morgan, Oppenheimer, and Argus Research adjusted their price targets and ratings, reflecting a positive outlook on DPZ's performance.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 1:20 pm

NVDA

SOUN

SoundHound AI (NASDAQ:SOUN) stock surged over 21% in pre-market trading, with a year-to-date increase of 176%, largely due to Nvidia's (NASDAQ:NVDA) investment and other key catalysts including a SoftBank investment, positive analyst outlooks from Wedbush Securities and Northland Capital, and strategic positioning in the AI market. SoundHound AI specializes in voice-enabled AI and music recognition technology.

Portfolio Pulse from Surbhi Jain

February 27, 2024 | 1:14 pm

ARM

New Street Research analyst Pierre Ferragu downgraded ARM Holdings (NASDAQ:ARM) from Buy to Neutral but maintained the price target at $110.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:54 pm

KSPI

Susquehanna analyst James Friedman initiates coverage on Kaspi.kz (NASDAQ:KSPI) with a Positive rating and a price target of $154.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:46 pm

TMDX

Oppenheimer analyst Suraj Kalia maintains an Outperform rating on TransMedics Group (TMDX) and raises the price target from $92 to $105.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:41 pm

FATE

Oppenheimer analyst Matthew Biegler has reiterated a Perform rating on Fate Therapeutics (NASDAQ:FATE), maintaining the company's current stock performance outlook.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:39 pm

DPZ

Oppenheimer analyst Brian Bittner has reiterated an Outperform rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $470 to $530.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:38 pm

DAWN

Oppenheimer analyst Matthew Biegler has reiterated a Perform rating on Day One Biopharmaceutical (NASDAQ:DAWN), maintaining the company's current stock performance outlook.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:36 pm