Streetbeat News

Stock Prices

DVAX

Dynavax Technologies reported Q1 2024 GAAP EPS of $(0.07), missing the $(0.03) estimate, with sales of $50.790M also missing the $54.975M estimate. This represents an 8.24% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:02 pm

DUOL

Duolingo reported Q1 2024 earnings of $0.57 per share, surpassing the $0.27 estimate, with sales of $167.6M also beating the $165.677M forecast. This represents a 44.91% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:02 pm

BLBD

Blue Bird (NASDAQ:BLBD) reported Q2 2024 adjusted EPS of $0.79, surpassing the $0.48 estimate, with sales of $346.00M exceeding the $298.41M forecast. This represents a 15.40% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:01 pm

ADTN

Adtran Holdings (NASDAQ:ADTN) has been analyzed by 4 analysts in the last three months, showing a mix of bullish and indifferent ratings. The average 12-month price target is $7.88, down 7.29% from the previous $8.50. Analyst actions include maintaining and lowering ratings, with price targets ranging from $7.50 to $8.00. Adtran Holdings, a provider of networking and communications solutions, faces challenges with a -37.06% revenue decline and below-average profitability metrics. Despite this, its debt-to-equity ratio suggests a sound financial structure.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:01 pm

COP

Benzinga's options scanner revealed significant bullish sentiment among big-money investors in ConocoPhillips (NYSE:COP), with a notable volume of options trades indicating expectations of a price movement between $110.0 and $140.0. The analysis of options trades, including both calls and puts, suggests a mixed market sentiment but leans towards bullish. ConocoPhillips, a major oil and gas producer, has seen its stock slightly decline, with analysts maintaining positive ratings and target prices above the current market price.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:01 pm

CYTK

Cytokinetics reported Q1 2024 GAAP EPS of $(1.33), missing the $(1.18) estimate, with sales of $835K also missing the $899.615K estimate. This represents an 81.90% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:01 pm

PR

Permian Resources (NYSE:PR) has received diverse analyst ratings over the last three months, with 20 analysts offering perspectives ranging from bullish to bearish. The average 12-month price target for PR is $19.85, reflecting a 6.95% increase from the previous target of $18.56. Analyst actions include rating adjustments and changes in price targets, indicating a generally positive outlook on PR's performance. The company's financial indicators such as revenue growth, net margin, ROE, and ROA are impressive, outperforming industry averages, although it faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:00 pm

SKYT

SkyWater Technology's stock is trading lower due to its Q1 earnings falling short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 7:50 pm

FNV

GOLD

NEM

NUGT

Spot gold's consolidation and potential shift of investor focus towards gold miners could benefit the Direxion Daily Gold Miners Index Bull 2X Shares (NUGT), a leveraged ETF targeting the gold mining sector. NUGT, which aims to outperform the NYSE Arca Gold Miners Index by 200%, includes major holdings like Newmont Corp (NEM), Barrick Gold Corp (GOLD), and Franco-Nevada Corp (FNV). Despite recent sideways trading, NUGT's chart shows a symmetrical triangle pattern, indicating potential for a bullish breakout towards April highs or a bearish drop if support fails.

Portfolio Pulse from Melanie Schaffer

May 08, 2024 | 7:49 pm

PINS

The article discusses the growing investor interest in Pinterest, highlighting the reasons behind this shift in perception. It suggests that Pinterest's strategic moves, financial performance, or market position may have contributed to this newfound attention from the investment community.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 7:43 pm