Streetbeat News

Earnings

CIFR

Eight analysts have recently shared their views on Cipher Mining (NASDAQ:CIFR), with ratings ranging from bullish to bearish. The average 12-month price target is now $5.06, down from $6.00, indicating a 15.67% decrease. Cipher Mining has shown remarkable financial performance, with a revenue growth rate of 1329.67% as of December 31, 2023, a net margin of 25.88%, and an ROE of 2.69%. The company's debt-to-equity ratio is 0.04, reflecting prudent financial management.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm

WULF

TeraWulf (NASDAQ:WULF) is scheduled to release its quarterly earnings report on March 19, 2024, with an expected EPS of $-0.02. Historical data shows a pattern of share price movement post-earnings announcement, with a notable 4.7% drop after missing EPS last quarter. Over the past year, WULF shares have surged 137.57%, indicating a bullish sentiment among long-term investors. The upcoming earnings report and particularly the company's guidance will be crucial for short-term stock performance.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm

TSHA

Taysha Gene Therapies (NASDAQ:TSHA) is scheduled to release its quarterly earnings report on March 19, 2024, with an expected EPS of $-0.11. Despite past earnings misses, the company's stock has seen a significant increase, with a 173.66% rise over the last 52 weeks. Investors are hopeful for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm

CYCC

Cyclacel Pharmaceuticals (NASDAQ:CYCC) is anticipated to report its quarterly earnings on 2024-03-19, with an expected EPS of $-5.89. The company's past earnings performance shows a history of not meeting EPS estimates, leading to significant share price drops. Shares are currently trading at $2.43, reflecting a 73.11% decrease over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm

HIBB

Hibbett (NASDAQ:HIBB) has received mixed analyst ratings over the last three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for HIBB is $78.17, indicating a 6.5% increase from the previous target. Analyst actions include adjustments to ratings and price targets, reflecting changing market conditions and company performance. Hibbett's financial indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management are analyzed, showcasing its market standing and operational efficiency.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm

SNOW

Recent options activity for Snowflake (NYSE:SNOW) shows a mix of bullish and bearish sentiment among investors, with a notable volume of trades focusing on a price window from $130.0 to $240.0. The company, known for its data lake, warehousing, and sharing solutions, has seen its stock price increase by 0.54% to $157.82. Analysts have set an average price target of $224.0, with specific targets ranging from $170 to $265. The next earnings report is expected in 65 days, and current RSI values suggest the stock may be oversold.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:46 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has seen a bullish trend in options trading, with 71% of traders showing bullish sentiment. Significant trading activity aims for a price range of $200 to $330. Recent analyst ratings vary, with an average target price of $322. The stock is currently up 1.17% at $285.47, with potential indicators of being oversold. Next earnings report is due in 64 days.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:46 pm

TSLA

Tesla Inc (NASDAQ:TSLA) shares are up after announcing Model Y price increases in several countries and the U.S. Despite this, Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla, lowering the price target from $220 to $190 due to production challenges and weakening EV demand. Tesla's recent performance has been affected by declining demand in the EV market, pricing wars, disappointing delivery numbers, and a significant sales drop in China.

Portfolio Pulse from Adam Eckert

March 18, 2024 | 2:38 pm

SHCO

Soho House & Co's stock (SHCO) is trading higher, potentially rebounding from a previous drop due to worse-than-expected Q4 financial results. This comes after Executive Chairman Ron Burkle issued a shareholder letter.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 2:31 pm

SOND

Sonder Holdings announced a delay in its Q4 and FY23 financial results due to accounting errors, alongside preliminary Q4 and FY23 revenue results that fell below estimates.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 2:25 pm