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UPST

Upstart Holdings Inc (NASDAQ:UPST) shares fell after reporting Q4 financial results, with a revenue decrease of 4% YoY to $140.91 million, surpassing estimates. The company reported a loss of 11 cents per share, better than expected. Loan originations dropped 19% from the previous year. Upstart forecasts Q1 revenue of $125 million, below estimates, and anticipates a $25 million adjusted EBITDA loss. Piper Sandler maintained a Neutral rating on UPST, raising the price target from $27 to $28.

Portfolio Pulse from Adam Eckert

February 14, 2024 | 1:47 pm

UPST

Upstart shares are trading lower following the company's announcement of Q1 revenue guidance that fell below market estimates.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:46 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) shares surged after reporting strong quarterly results, including a surprise profit. Q4 revenue rose 24% year-over-year to $471 million, surpassing estimates. Earnings were at 3 cents per share, beating expectations for a loss. Transaction-based revenues increased, with notable growth in cryptocurrency and equities. The company also highlighted strong interest in Bitcoin ETFs and plans for growth investments and international expansion in 2024. Keybanc raised its price target for HOOD from $14 to $15.

Portfolio Pulse from Adam Eckert

February 14, 2024 | 1:45 pm

AKAM

Akamai Technologies' shares dropped following mixed Q4 financial results, indicating a disparity between expected and actual performance metrics.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:44 pm

DVA

DaVita shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:43 pm

Z

ZG

Zillow's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:42 pm

HOOD

Robinhood's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:42 pm

PGR

Progressive Corporation's shares are trading higher following the announcement of its January 2024 results, indicating a positive market response to the company's performance.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:42 pm

ABNB

Airbnb's stock price has declined following the release of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:41 pm

UBER

Uber shares are trading higher following the announcement of an inaugural $7 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:41 pm