Streetbeat News

Stock Prices

QS

In the last 3 months, 4 analysts have offered 12-month price targets for QuantumScape (NYSE:QS), with an average price target of $4.5, representing a 32.53% decrease from the previous average price target of $6.67.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 1:02 pm

CD

CMBM

NVX

SMTC

YEXT

The article lists the top 5 overbought tech stocks in Q2, including Yext, Semtech Corporation, Novonix Limited, Cambium Networks Corporation, and Chindata Group Holdings Limited. These stocks have high RSI values, indicating they may be overvalued and present an opportunity to go short.

Portfolio Pulse from Lisa Levin

June 08, 2023 | 1:02 pm

EAT

Over the past 3 months, 8 analysts have published their opinion on Brinker International (NYSE:EAT) stock, with an average price target of $40.19, implying an upside from the current price of $36.39. The average price target has increased by 2.6% over the past month.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 1:01 pm

SCPH

Over the past 3 months, 4 analysts have published bullish opinions on scPharmaceuticals (NASDAQ:SCPH) stock, with an average 12-month price target of $18.5. The average price target has increased by 42.31% over the past month.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 1:01 pm

FIVN

Over the past 3 months, 6 analysts have published their opinion on Five9 (NASDAQ:FIVN) stock, with 4 bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target is $85.17, representing a 9.39% decrease from the previous average of $94.00.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 1:00 pm

KEX

MGM

NKE

ZS

Insiders at Zscaler, MGM Resorts, Nike, and Kirby have recently sold shares, signaling potential concerns about the companies' prospects or overpriced stocks. Zscaler and Kirby reported better-than-expected financial results, while MGM Resorts saw a 36% YoY increase in Q1 revenue. Nike has partnered with EA Sports for NFT integration in upcoming games.

Portfolio Pulse from Lisa Levin

June 08, 2023 | 12:59 pm

GLD

SPY

UUP

The Department of Labor reported a higher-than-expected increase in unemployment claims, raising concerns about the labor market. This marks the third consecutive week of rising initial jobless claims. Market reactions include a drop in the U.S. Dollar Index and a rise in gold prices.

Portfolio Pulse from Piero Cingari

June 08, 2023 | 12:50 pm

SMTC

Semtech Corp (NASDAQ:SMTC) shares are rising after reporting better-than-expected Q1 financial results. The company beat revenue and EPS estimates and provided a positive outlook for fiscal Q2.

Portfolio Pulse from Adam Eckert

June 08, 2023 | 12:50 pm

DBI

Designer Brands Inc (NYSE: DBI) reported a 10.7% YoY decline in Q1 FY23 sales to $742.08 million, missing analyst estimates. Adjusted EPS of $0.21 also missed the consensus of $0.23. The company lowered its FY23 EPS guidance to $1.20 - $1.50 from $1.65 - $1.75.

Portfolio Pulse from Shivani Kumaresan

June 08, 2023 | 12:50 pm

HCP

HashiCorp Inc (NASDAQ:HCP) shares are trading lower after reporting Q1 financial results, announcing spending cuts, and an 8% workforce reduction. The company beat revenue and earnings estimates but multiple analysts lowered price targets.

Portfolio Pulse from Adam Eckert

June 08, 2023 | 12:49 pm