Streetbeat News

Revenues

IVVD

Invivyd's stock price increased following the announcement that PEMGARDA is now available for purchase in the U.S., with the company projecting FY24 net product revenue for PEMGARDA to be between $150 million and $200 million.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 12:28 pm

BYRN

Byrna Technologies (NASDAQ:BYRN) reported Q1 sales of $16.65M, surpassing the $11.49M estimate, marking a 44.94% beat and a 98% increase from the previous year's $8.41M. The company also reported an adjusted EBITDA of $1.18M.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 12:02 pm

DNUT

Four analysts have recently updated their ratings on Krispy Kreme (NASDAQ:DNUT), showing a mix of sentiments with one somewhat bullish and three indifferent. The 12-month price targets suggest an upward trend, with an average target of $17.00, up from the previous $14.00. Analysts from Piper Sandler, Citigroup, JP Morgan, and Capital One have adjusted their price targets and ratings, reflecting their views on the company's market performance and financial health. Krispy Kreme's financial overview indicates a below-average market capitalization, a revenue growth of 11.44%, and challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:02 pm

YETI

YETI Holdings (NYSE:YETI) received mixed ratings from 5 analysts, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target is now $41.4, down from $43.00, reflecting a downward revision in expectations. Analyst actions include both downgrades and a single upgrade, with price targets ranging from $36.00 to $48.00. YETI's financial performance remains strong, with significant revenue growth, high net margin, and superior ROE and ROA compared to industry averages.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:01 pm

SNOW

31 analysts have shared diverse evaluations of Snowflake (NYSE:SNOW) over the last three months, with sentiments ranging from bullish to bearish. The average 12-month price target is $217.68, with a recent decrease of 4.24%. Analyst actions include ratings adjustments and price target changes, reflecting varying perceptions of Snowflake's market performance. Snowflake, known for its data solutions, has shown solid revenue growth and strong financial health indicators, despite a below-average net margin.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:01 pm

OLPX

Analyst ratings for Olaplex Holdings Inc (NASDAQ:OLPX) show a mix of bullish to bearish sentiments, with a significant shift towards indifference in the last quarter. The average 12-month price target has been adjusted to $2.17, down from $4.50, indicating a negative outlook based on recent analyst actions and financial performance. Olaplex's financials reveal a challenging revenue trend with a -14.54% decline, yet it maintains strong profitability indicators such as net margin and ROE.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:01 pm

GPOR

Analyst ratings for Gulfport Energy (NYSE:GPOR) show a mix of bullish to bearish sentiments, with recent actions including rating raises and adjustments to price targets. The average 12-month price target is now $170.33, up 8.72% from $156.67. Gulfport Energy, a natural gas-weighted exploration and production company, faces financial challenges with a -51.81% revenue decline and a market capitalization below industry benchmarks, despite strong profitability indicators like an 80.84% net margin.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:00 pm

ARDX

Analyst ratings for Ardelyx (NASDAQ:ARDX) show a mix of bullish to bearish sentiments, with recent evaluations indicating a positive shift. The average 12-month price target has increased to $14.00, reflecting a 33.33% rise from the previous target of $10.50. Analysts from firms like Leerink Partners, Piper Sandler, Wedbush, Citigroup, and Raymond James have adjusted their ratings and price targets, suggesting optimism about Ardelyx's future market performance. Despite facing a revenue decline of -22.22% and below-average ROE and ROA, Ardelyx's strong net margin and controlled debt levels indicate potential for recovery.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:00 pm

GLD

SPY

USO

Global markets experienced declines with the U.S. stock markets ending lower due to cautious statements from Federal Reserve officials and anticipation for the U.S. jobs report. The S&P 500 sectors all saw declines, particularly in technology, while defense shares gained. Asian markets also fell, notably Japan's Nikkei 225. European markets and commodities like crude oil and gold saw mixed results. U.S. futures indicated a slight uptick in early trading.

Portfolio Pulse from Akanksha Bakshi

April 05, 2024 | 10:48 am

ZGN

Ermenegildo Zegna reported a significant increase in revenues for FY23, totaling €1.904 billion, which marks a 27.6% rise year-over-year. Additionally, the company generated a positive free cash flow of €71.8 million during the same period.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 10:35 am