Streetbeat News

Earnings

MDB

Recent options trading activity for MongoDB (NASDAQ:MDB) shows a bearish sentiment among investors, with 68% of trades being bearish. The trading activity suggests a price target range of $190 to $700 for MongoDB in the next three months. The company, founded in 2007, serves nearly 33,000 paying customers with its NoSQL database. MongoDB's current market status shows a slight increase in stock price by 0.55% to $489.2, with an earnings announcement expected in 20 days. Analyst ratings in the last month have varied, with an average target price of $470.75.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:46 pm

UBER

Uber Technologies Inc (NYSE:UBER) announced a $7 billion share repurchase, leading to a sharp rise in shares. Analysts from Truist Securities, Roth Capital Partners, BMO Capital Markets, Goldman Sachs, Needham, RBC Capital Markets, and William Blair provided positive takeaways from Uber's investor day, highlighting expectations for strong growth in bookings and adjusted EBITDA over the next three years. Price targets were raised by several analysts, reflecting confidence in Uber's growth trajectory and financial health.

Portfolio Pulse from Priya Nigam

February 15, 2024 | 3:45 pm

SLVM

Sylvamo shares experienced an increase following the announcement of their Q4 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:45 pm

BPMC

Blueprint Medicines shares surged following the announcement of their Q4 results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:44 pm

GPC

Genuine Parts Company's shares dropped following the announcement of Q4 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:42 pm

USFD

US Foods Holding shares are trading higher following the announcement of Q4 revenue results that exceeded expectations and the issuance of FY24 net sales guidance that surpassed estimates.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:42 pm

YETI

YETI Holdings, Inc. (NYSE:YETI) shares dropped after reporting Q4 earnings and sales below expectations. Despite a 16% increase in Q4 net sales and significant growth in Drinkware and International sales, the company missed the street view with earnings per share of 90 cents against an expected 96 cents, and net sales of $519.79 million against an expected $535.95 million. The company also announced a $300 million stock repurchase program and provided a fiscal 2024 outlook with adjusted sales expected to increase by 7% to 9% and adjusted EPS between $2.45 and $2.50, below the estimated $2.68.

Portfolio Pulse from Nabaparna Bhattacharya

February 15, 2024 | 3:41 pm

TRGP

Targa Resources shares are trading higher following the announcement of better-than-expected Q4 revenue results and positive FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:39 pm

EQIX

Equinix shares are trading higher following the report of their Q4 earnings, indicating a positive market response to the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:38 pm

ROL

Rollins, Inc. (ROL) shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:36 pm