Streetbeat News

Earnings

BYON

Beyond Option Alert reported a significant trading activity on Sep 20 $35 call options, with a sweep of 500 contracts at $1.65 each versus an open interest of 438. This activity occurred near the ask price, with the underlying stock (BYON) trading at $22.6. The earnings announcement for BYON is scheduled for May 6, after the market closes.

Portfolio Pulse from Charles Gross

May 03, 2024 | 7:43 pm

XHR

Xenia Hotels & Resorts shares surged following the announcement of Q1 earnings that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:39 pm

TDS

Telephone And Data Systems (TDS) shares are trading lower after the company reported its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:35 pm

AAPL

Apple Inc. (AAPL) shares surged over 7%, marking its best session since November 2022 and breaking above its 200-day moving average for the first time in four months. The rally followed a quarterly report that exceeded expectations with sales of $90.75 billion and EPS of $1.53, alongside the announcement of a record $110 billion share buyback program and a $0.25 per share dividend. Analysts have adjusted their price targets, with JP Morgan Chase & Co. raising it to $225, Barclays to $164, and Rosenblatt to $196.

Portfolio Pulse from Piero Cingari

May 03, 2024 | 7:27 pm

FOXF

Fox Factory Holding shares are trading higher after experiencing a drop in after-hours trading on Thursday due to Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:17 pm

U

Recent options trading activity in Unity Software (NYSE:U) has shown a bearish trend among high-rolling investors, with a notable split in sentiment: 44% bullish and 55% bearish. The trading volume and open interest analysis for Unity Software's options indicate a target price window of $20.0 to $33.0. Unity Software's current trading volume is 4,101,204, with a price increase of 1.41% to $24.5. An earnings announcement is expected in 6 days, and a professional analyst from Wedbush has set a price target of $33 with an Outperform rating.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:16 pm

WLDN

Willdan Group's shares surged following the announcement of their Q1 2024 earnings, which exceeded analysts' expectations for both adjusted EPS and sales.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:13 pm

XPOF

Xponential Fitness shares are trading lower after the company reported mixed results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:09 pm

AXTI

In the past three months, 10 financial analysts have provided ratings for AXT Inc (NASDAQ:AXTI), showing a shift towards a more bullish outlook. The average 12-month price target for AXTI has been raised to $5.11 from $3.64, indicating a 40.38% increase. Analysts from firms like Wedbush, Needham, Craig-Hallum, and B. Riley Securities have maintained or raised their ratings and price targets, reflecting optimism about AXTI's future performance. Despite this, AXT's financial performance shows challenges with a revenue decline of -23.76% and below-average ROE and ROA, though it maintains a strong net margin and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:01 pm

ACLS

Axcelis Technologies (NASDAQ:ACLS) received mixed analyst ratings with a shift towards bullish sentiment in the last 30 days. The average 12-month price target was adjusted to $155.00 from a previous $175.00, indicating a downward revision. Analysts from B. Riley Securities, Benchmark, and Craig-Hallum have adjusted their price targets and maintained a 'Buy' rating, reflecting changes in market dynamics and company performance. Axcelis Technologies showcases strong financial health with notable revenue growth, high net margin, and effective debt management, positioning it positively in the semiconductor equipment industry.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:01 pm