Streetbeat News

Revenues

ENVX

In the past three months, 7 analysts have provided ratings for Enovix (NASDAQ:ENVX), ranging from bullish to bearish. The average 12-month price target is $22.0, with a high of $36.00 and a low of $14.00. Recent analyst actions include both raises and lowers in ratings and price targets. Enovix has shown significant revenue growth but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 7:01 pm

CVNA

Carvana (NYSE:CVNA) has been evaluated by 21 analysts over the past three months, with a range of opinions from bullish to bearish. The average 12-month price target has increased by 22.95% to $175.05. Analysts have adjusted their ratings and price targets, reflecting their perceptions of Carvana's market position and financial performance. Carvana's revenue growth is strong, but challenges remain in profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 7:00 pm

SHAK

In the past three months, 15 analysts have provided ratings for Shake Shack (NYSE:SHAK), with a mix of bullish and bearish perspectives. The average 12-month price target is $114.07, showing a 3.51% increase from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, reflecting their views on Shake Shack's market position. Despite positive revenue growth, Shake Shack faces challenges with profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 7:00 pm

BRDG

Bridge Investment Group (NYSE:BRDG) has received varied analyst ratings over the past three months, with a recent positive shift in price targets. Analysts have raised their price targets, reflecting a more optimistic outlook. Despite this, the company faces challenges with below-industry-average financial metrics such as net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 7:00 pm

ARRY

Array Technologies (NASDAQ:ARRY) has seen a negative shift in analyst sentiment, with a decrease in the average 12-month price target by 28.33%. Analysts have predominantly lowered their ratings and price targets, reflecting concerns over the company's recent financial performance, including a significant revenue decline. Despite challenges, Array Technologies maintains strong profitability metrics such as net margin and ROE.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 7:00 pm

ETH-USD

GOOGL

The article discusses the potential of blockchain technology to disrupt the digital advertising industry, which is projected to reach $667 billion globally in 2024. It highlights Alkimi Exchange, a decentralized ad exchange built on Ethereum, as a solution to improve transparency and efficiency in ad spending. The article also mentions Google's dominance in the advertising space and the ongoing scrutiny it faces from the U.S. Federal Government.

Portfolio Pulse from Justin Roberti

October 22, 2024 | 6:40 pm

TVGN

Tevogen Bio is set to announce timelines for revenue forecast updates and operational readiness, expecting $1 billion in revenue during the launch years for oncology and specialty care. The 5-year revenue estimate is between $28 billion and $36 billion. Updates on Tevogen AI and manufacturing progress will also be provided.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 6:35 pm

F

GM

TSLA

General Motors (GM) exceeded Wall Street's Q3 expectations, driven by strong U.S. pickup demand, and raised its full-year guidance. GM's revenue increased by 10.5% YoY to $48.76 billion, with adjusted EPS up 30% YoY. GM's EV deliveries surged 60% YoY, surpassing Ford's EV growth. However, GM faces challenges in China and the EV market.

Portfolio Pulse from Upwallstreet

October 22, 2024 | 6:34 pm

VZ

Goldman Sachs analyst James Schneider maintained a Buy rating on Verizon with a price target of $52. Verizon's Q3 results were in line with expectations, with revenue slightly below consensus. The company reaffirmed its 2024 guidance, and investor focus is expected to shift to its broadband strategy.

Portfolio Pulse from Anusuya Lahiri

October 22, 2024 | 6:08 pm

TTWO

Analysts have mixed views on Take-Two Interactive (NASDAQ:TTWO) with a majority being bullish. Recent evaluations show a slight increase in the average 12-month price target to $191.73. Despite positive revenue growth, the company faces challenges with profitability and asset returns.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 6:05 pm