Streetbeat News

Revenues

UPWK

Analyst ratings for Upwork (NASDAQ:UPWK) have varied over the last quarter, with a recent shift towards more bullish sentiments. The latest evaluations show an increase in the average 12-month price target to $18.25, up from $17.67. Analyst actions include both upgrades and downgrades, with price targets ranging from $15.00 to $22.00. Upwork's financial performance is highlighted by strong revenue growth and net margin, though its ROE is below industry standards. The company's market position and financial health are considered strong, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 7:00 pm

DNB

Dun & Bradstreet Hldgs (NYSE:DNB) has received mixed analyst ratings over the last three months, with a recent shift towards a more bullish outlook. The average 12-month price target for DNB has been raised to $14.62, indicating a positive sentiment among analysts. The company has shown a revenue growth rate of 5.95% as of December 31, 2023, but trails behind its industry peers in the Industrials sector. Despite a strong net margin of 0.27%, its ROE and ROA are below industry benchmarks, and it maintains a healthy debt-to-equity ratio of 1.05.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 7:00 pm

RIVN

Rivian is set to receive $827 million in funding from the state of Illinois. This financial support is aimed at expanding the capacity of Rivian's manufacturing plant for the production of its R2 vehicle series.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 6:32 pm

LMND

Five analysts have recently updated their ratings on Lemonade (NYSE:LMND), showing a mix of sentiments with an average 12-month price target of $21.4, reflecting a 39.6% increase from the previous target. The ratings range from 'Neutral' to 'Market Outperform', with price targets adjusted accordingly. Lemonade's financials indicate a positive revenue trend with a growth rate of 30.66% as of December 31, 2023, but challenges in profitability and efficiency metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 6:01 pm

MODG

Topgolf Callaway Brands (NYSE:MODG) received mixed analyst ratings with an updated average 12-month price target of $24.25, reflecting a 3.19% increase from the previous target. Analysts from B. Riley Securities, Truist Securities, Tigress Financial, and Keybanc have adjusted their ratings and price targets, indicating a generally positive outlook despite some lowering of targets. The company shows solid revenue growth and a strong market presence but faces challenges in net margin and debt management.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 6:01 pm

EBAY

Analysts have recently updated their ratings and price targets for eBay (NASDAQ:EBAY), showing a diverse range of opinions. In the last three months, 16 analysts have provided ratings, with the latest updates indicating an average 12-month price target of $54.5, up from $49.00, reflecting an 11.22% increase. The ratings range from bullish to bearish, with recent actions including both upgrades and downgrades. eBay's financial health is highlighted by its impressive revenue growth, net margin, ROE, and ROA, alongside a prudent debt management strategy. The company's global e-commerce marketplace has achieved $73 billion in GMV for 2023, marking it as a top 10 global e-commerce company.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 6:00 pm

ALKS

Seven analysts have recently evaluated Alkermes (NASDAQ:ALKS), showing a mix of bullish to bearish sentiments. The average 12-month price target for ALKS is now $37.14, up 5.36% from the previous $35.25, with a high estimate of $50.00 and a low of $25.00. Analyst actions include maintaining, raising, and announcing ratings with price targets ranging from $25.00 to $50.00. Alkermes's financial performance shows strong revenue growth of 23.89%, a high net margin of 29.88%, and effective debt management with a debt-to-equity ratio of 0.31.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 6:00 pm

LAD

In the past three months, 11 analysts have updated their ratings on Lithia Motors (NYSE:LAD), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $311.27, down 2.82% from $320.30. Analyst actions include both upgrades and downgrades, reflecting dynamic market conditions and company performance. Lithia Motors, a leading auto dealer, reported a 22.77% revenue growth rate as of March 31, 2024, with a net margin of 1.9% and an ROE of 2.59%, indicating strong financial performance.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 6:00 pm

CIBR

CYBR

IHAK

CyberArk Software Ltd (NASDAQ:CYBR) reported a 37% year-on-year revenue growth for fiscal Q1 2024, reaching $221.55 million and surpassing analyst expectations. Adjusted EPS was $0.75, beating the consensus of $0.28. Despite the positive report, CYBR shares fell by 2.2%. Subscription revenues grew by 69%, while maintenance and professional services slightly declined. The company also raised its fiscal 2024 revenue and EPS outlook, expecting ARR to increase by 26%-28% by the end of 2024. CyberArk's stock is included in the First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) and IShares Cybersecurity And Tech ETF (NYSE:IHAK).

Portfolio Pulse from Anusuya Lahiri

May 02, 2024 | 5:24 pm

REXR

Analysts have provided diverse evaluations for Rexford Industrial Realty (REXR), with recent ratings ranging from bullish to bearish. The average 12-month price target is now $50.22, down from $54.17, reflecting a 7.29% decrease. The company's financial performance shows strong growth and profitability, with a notable revenue growth rate of 14.96% and a high net margin of 27.39%. Despite varying analyst opinions, Rexford's financial indicators suggest a robust financial health and operational efficiency.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 5:00 pm