Streetbeat News

Stock Prices

GOOGL

A significant number of investors have taken a bearish stance on Alphabet (NASDAQ:GOOGL), with 66% of the 51 detected trades being bearish. The total amount for puts is $1,651,450 and for calls is $947,948. Whales have been targeting a price range from $80.0 to $160.0 for Alphabet over the last 3 months. The current price of GOOGL is up 0.49% at $125.07. Analysts from Wells Fargo, Wedbush, Roth MKM, Keybanc, and B of A Securities have maintained their ratings on Alphabet, with price targets ranging from $126 to $160.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:18 pm

DHI

A whale investor has taken a bullish stance on D.R. Horton (NYSE:DHI), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $104.0 to $110.0 for D.R. Horton over the last 3 months. Barclays has maintained their Overweight rating on D.R. Horton with a price target of $130, while Goldman Sachs upgraded its action to Buy with a price target of $131.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:17 pm

HAYW

Hayward Holdings has issued weak FY23 guidance, leading to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:15 pm

ZI

ZoomInfo Technologies Inc. (NASDAQ:ZI) reported Q3 earnings per share of 26 cents, in line with estimates, and revenue of $313.8 million, beating the consensus estimate of $311.751 million. However, several analysts lowered their price targets on the company, leading to a drop in the stock price. The stock is down 14.4% at $13.28.

Portfolio Pulse from Erica Kollmann

October 31, 2023 | 5:13 pm

FMC

FMC Corporation has lowered its FY23 adjusted EPS guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:12 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher, recovering from a 15% loss over the past few days. The company announced that the Nasdaq Hearings Panel had granted Mullen's request to continue its listing on the Nasdaq Capital Market, subject to certain conditions. MULN shares have attracted attention from retail investors and short-sellers, with 16.39% of available MULN shares being sold short. The shares are up 15% at 29 cents at the time of publication.

Portfolio Pulse from Erica Kollmann

October 31, 2023 | 5:09 pm

OTTR

Otter Tail Corporation has increased its 2023 guidance range, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:08 pm

CEIX

CONSOL Energy reported worse-than-expected Q3 results, leading to a drop in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:07 pm

ARKF

SOFI

SoFi Technologies reported better-than-expected Q3 results, beating analyst consensus estimates for both losses per share and sales. The company also raised its fiscal year 2023 adjusted net revenue guidance. Ark Invest purchased 473,225 shares of SoFi Technologies, and Morgan Stanley upgraded the company from Underweight to Equal-Weight with a $7 price target. SoFi Technologies shares are trading higher.

Portfolio Pulse from Erica Kollmann

October 31, 2023 | 5:05 pm

ABEV

Ambev SA reported a 1.3% YoY sales decline in Q3 FY23, with a 2.0% volume decline. However, the company benefited from FX and commodities tailwinds, and increased efficiencies in distribution and administrative expenses. Adjusted EPS increased 26% YoY, and organic net revenue increased 19.3%. Gross profit increased 1.6% to R$10.1 billion, and the profit margin expanded to 49.7%. Adjusted operating income climbed 20.5% to R$4.9 billion, and adjusted EBITDA jumped 17.6% to R$6.6 billion. Total consolidated debt as of September 30, 2023, totaled R$3.72 billion. Operating cash flow grew 29.7% to R$7.92 billion. ABEV shares are trading higher by 3.50% at $2.52.

Portfolio Pulse from Shivani Kumaresan

October 31, 2023 | 5:05 pm