Streetbeat News

Stock Prices

AEIS

Advanced Energy Indus (NASDAQ:AEIS) has received 5 analyst ratings in the last quarter with 1 bullish, 1 somewhat bullish, and 3 indifferent. The average price target is $109.0, representing an upside from the current price of $97.32. This target has decreased by 9.17% from the previous target of $120.00. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:00 pm

BBW

Build-A-Bear Workshop's stock is trading lower following the release of mixed Q3 financial results and a reduction in their forecast for FY23.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:57 pm

SNOW

Snowflake Inc (NYSE:SNOW) stock rises after reporting Q3 earnings and revenue that surpassed estimates, with a 32% year-over-year revenue increase. Analysts have raised price targets, reflecting optimism in the company's performance and future guidance. Snowflake expects Q4 product revenue to grow 29-30% year-over-year and full-year product revenue to increase by 37%.

Portfolio Pulse from Adam Eckert

November 30, 2023 | 1:55 pm

LVO

PODC

PodcastOne (NASDAQ:PODC), a subsidiary of LiveOne (NASDAQ:LVO), reported a record 121% growth in programmatic revenue for Q2 Fiscal Year 2024 over the same period last year. The company also saw a 24% increase in average programmatic CPM, marking a company high. With over 229 million programmatic impressions, an increase of 79% from the previous year, PodcastOne is capitalizing on the trend of programmatic advertising in podcasting. The company's success is attributed to its premium podcast inventory and effective programmatic partnerships.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:53 pm

LQR

LQR House Inc. (NASDAQ:LQR) reported a 300% increase in November revenue YoY, driven by a record-breaking Black Friday Cyber Monday weekend on its ecommerce platform CWSpirits.com. The company's total revenue for November reached $300,000, attributed to both marketing contracts and direct sales. CEO Sean Dollinger expressed excitement over the results and anticipates further success in the upcoming holiday season.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:53 pm

WB

Weibo's stock is trading lower following the announcement of a $300 million convertible senior notes offering and a proposed offering of ADSs related to the Delta Placement of Borrowed ADSs.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:52 pm

PFE

Pfizer Inc. (NYSE:PFE) is discontinuing its PSSM operations in the UK to enhance efficiency. The FDA approved Xtandi, co-developed with Astellas Pharma, for a new prostate cancer indication. Pfizer's dividend yield is 5.45%, with a quarterly dividend of $0.41 per share. To earn $500 monthly in dividends, an investor would need 3,659 shares, valued at approximately $110,063. The article also explains how dividend yield fluctuates with stock price and dividend changes. Pfizer shares rose 1.3% to close at $30.08 on Wednesday.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 1:52 pm

CRM

NTNX

VFS

Salesforce (CRM) shares rose by 9% following their Q3 financial results, with Q4 and FY24 adjusted EPS and sales guidance surpassing estimates. VinFast Auto (VFS) saw a 46% increase in their shares after announcing their participation and showcase of the VF 9 Electric Vehicle at the COP28 UN climate summit. Nutanix (NTNX) shares increased by 10% after reporting Q1 financial results that exceeded expectations and raising FY24 revenue guidance.

Portfolio Pulse from ryanfaloona@benzinga.com

November 30, 2023 | 1:50 pm

F

Ford Motor Company (NYSE:F) has updated its full-year guidance post-UAW strike, projecting an adjusted EBIT of $10.0 billion-$10.5 billion and adjusted free cash flow of $5.0 billion-$5.5 billion. The guidance includes $1.7 billion in lost profits due to the strike, which affected production and vehicle wholesales. The new U.S. labor agreement with the UAW is expected to cost $8.8 billion, with an anticipated cost effect of about $900 per vehicle by 2028. Ford aims to offset this through increased productivity and reduced expenses. The company had generated $4.9 billion in net income and $9.4 billion in adjusted EBIT before the strike's full impact. Ford's shares rose 1.32% to $10.73 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

November 30, 2023 | 1:48 pm

BBGI

COMM

REED

SCKT

Insiders at CommScope Holding, Reed's, Socket Mobile, and Beasley Broadcast Group have recently made notable purchases of their companies' stocks, all priced under $3. These transactions may signal insider confidence in the companies' prospects. CommScope Holding's insider bought shares at $1.74, Reed's at $2.04, Socket Mobile at $1.40, and Beasley Broadcast Group at $0.71. Recent financial results were mixed, with CommScope and Reed's reporting positive outcomes, while Socket Mobile and Beasley Broadcast Group reported losses.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 1:47 pm