Streetbeat News

Earnings

AMZN

ROKU

WMT

Roku, Inc (NASDAQ:ROKU) shares dropped after analysts cut price targets post-Q1 earnings, despite acknowledging its growth potential and ad market share gains. Wedbush, Piper Sandler, Benchmark, Oppenheimer, and JP Morgan analysts provided mixed reviews, highlighting Roku's early EBITDA profitability, market share expansion, and strategic ad platform developments. Concerns include competition from Walmart Inc (NYSE:WMT) – VIZIO Holding Corp (NYSE: VZIO), Amazon.Com Inc (NASDAQ:AMZN) ad-supported platforms, and the timing of revenue acceleration.

Portfolio Pulse from Anusuya Lahiri

April 26, 2024 | 6:21 pm

PI

Impinj shares are trading lower after experiencing gains on Thursday due to Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:05 pm

QS

QuantumScape shares are experiencing a reversal in trading, bouncing back from the previous day's weakness after the company reported its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:04 pm

GOOG

GOOGL

Alphabet Inc (GOOG, GOOGL) shares surged after reporting strong Q1 results, surpassing expectations with significant revenue growth in Search and YouTube, driven by AI advancements and product innovation. Analysts from major firms upgraded their price targets and reiterated buy ratings, highlighting Alphabet's transition to AI leadership, operating leverage from cost controls, and confidence in future growth. The company also announced a quarterly dividend and a new share buyback program.

Portfolio Pulse from Priya Nigam

April 26, 2024 | 6:02 pm

MHK

Mohawk Industries' stock price increased following the announcement of their Q1 earnings per share (EPS) and sales figures, which exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:01 pm

SAM

Analyst opinions on Boston Beer Co (NYSE:SAM) vary, with recent ratings ranging from bullish to bearish. The average 12-month price target is $321.56, a slight decrease from the previous $327.00. Analyst actions include both upgrades and downgrades, reflecting diverse perspectives on the company's performance and market position. Boston Beer's financials show challenges, with a -12.02% revenue decline and below-average profitability metrics. Despite this, its debt-to-equity ratio indicates a sound financial structure.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 6:01 pm

TBBB

Tiendas 3B's stock price increased after the company reported its Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 5:57 pm

IBRX

ImmunityBio's stock price increased following the announcement of positive overall survival results from its QUILT 3.055 study.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 5:57 pm

AON

BDRX

ICLK

NUWE

Aon plc shares fell by 7.4% after reporting quarterly financial results below market expectations. Other stocks showed significant movement, with Biodexa Pharmaceuticals and Pineapple Energy among the top gainers, while iClick Interactive and Nuwellis were notable losers.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 5:56 pm

PLTR

Palantir shares are experiencing an uptick in value as technology and AI sectors see a boost, attributed to robust earnings reported by Microsoft.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 5:53 pm