Tag Archives: analysts

Here’s What Analysts Are Forecasting Now

It’s been a pretty great week for Yandex N.V. (NASDAQ:YNDX) shareholders, with its shares surging 11% to US$67.73 in the week since its latest first-quarter results. The results don’t look great, especially considering that the analysts had been forecasting a profit and Yandex delivered a statutory loss of ₽11.29 per share. Revenues of ₽73b did beat expectations by 4.7% though. Earnings are an important time for investors, as they can track a company’s performance, look at what the… Source link

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Apple Q2 earnings crush analysts’ estimates but warns of chip shortages

Apple (AAPL) reported its Q2 2021 earnings after the closing bell on Wednesday, blowing away analysts’ expectations on the top and bottom line. Revenue was up a whopping 54% year-over-year on strong hardware sales in the quarter. Still, executives on Apple’s conference call warned of the impact of the ongoing global chip shortage on Apple’s hardware business. Supply constraints could have a revenue impact of $3 billion to $4 billion in the June quarter, Apple’s CFO Luca Maestri said on the… Source link

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Qualcomm cruises past analysts’ earnings expectations on strength of phone sales

Benzinga Apple, Facebook And The Fed: Full Plate Later Today Means Market Could Hit Lull Ahead Of News If earnings season has a crescendo, we’re right in the middle of it. Even as investors digest results from Alphabet (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT), they await Apple (NASDAQ: AAPL) and Facebook (NASDAQ: FB) this afternoon. Along the way there’s a Fed meeting conclusion. Tomorrow morning brings gross domestic product (GDP) data, with Amazon (NASDAQ: AMZN) in the wings later… Source link

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Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts

Topline Three of the most dominant tech companies in the world — Facebook, Amazon and Google parent Alphabet — have never paid a dividend to shareholders, instead choosing to use their available capital to generate high growth through acquisitions and investing in internal businesses, but may be compelled to once they mature and growth slows. MARCH 25th 2021: Facebook CEO Mark Zuckerberg, Google (Alphabet Inc.) CEO Sundar Pichai and Twitter … [+] CEO Jack Dorsey testify before… Source link

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Where one of Wall Street’s top marijuana analysts sees 80% upside

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link

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Bitcoin Analysts Set Sights on $70K (Even $80K) After All-Time High

Bloomberg TikTok Founder’s $60 Billion Fortune Places Him Among The World’s Richest People (Bloomberg) — Just last year, the world’s most valuable startup, ByteDance Ltd., was being squeezed from all sides.The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India blacklisted some of its social-media apps.For all the obstacles, ByteDance kept growing. Now its… Source link

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Yandex (NASDAQ:YNDX) Now Covered by Analysts at New Street Research

Equities researchers at New Street Research started coverage on shares of Yandex (NASDAQ:YNDX) in a report issued on Tuesday, Briefing.com reports. The firm set a “buy” rating and a $81.00 price target on the information services provider’s stock. New Street Research’s target price would indicate a potential upside of 25.12% from the company’s current price. Several other analysts have also recently issued reports on YNDX. HSBC cut shares of Yandex from a “buy” rating to a “hold” rating and… Source link

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Analysts Say ‘Buy the Dip’ in These 3 Stocks

Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on our own search for compelling investment opportunities… Source link

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2 “Strong Buy” Stocks From Oppenheimer’s Top Analysts

Both the S&P 500 and the Dow Jones average have closed at record highs, and the NASDAQ has reversed the brief foray it took into correction territory in the second week of March. The market gains reflect several factors: relief that the $1.9 trillion COVID aid bill passed Congress and was signed by the President; a general optimism that the ongoing vaccination program will allow a normal economic environment sooner rather than later; and a growing sense that recent inflationary indicators… Source link

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Yandex (NASDAQ:YNDX) Receives Average Rating of “Buy” from Analysts

Yandex (NASDAQ:YNDX) has received an average rating of “Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $62.83. YNDX has been the subject of a number of recent research reports. TheStreet downgraded shares of Yandex… Source link

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