Andrew Boone

Analysts are sizing up the long-term opportunity for Snap Inc (NYSE: SNAP) and whether the company can compete with other social media platforms after the company reported second-quarter financial results Tuesday.  The Snap Analysts: Benchmark analyst Mark Zgutowicz has a Hold rating...

Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) spiked in early trading on Wednesday, even as the company is facing increasing threats from ChatGPT and plans by competing tech giants to create open maps. Alphabet also reported its second-quarter report, with revenue and operating...

Shares of Upwork Inc (NASDAQ: UPWK) tanked in the premarket on Thursday, despite the company reporting upbeat quarterly revenues. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Upwork Analyst Brad Erickson reiterated a Sector Perform rating, while reducing the...

Shares of Snap Inc (NYSE: SNAP) Friday crashed in premarket trading, after the company reported a first-quarter revenue miss. Here are some key analyst takeaways from the earnings call. RBC Capital Markets On Snap Analyst Brad Erickson maintained a Sector Perform rating while reducing the price...

Shares of Shopify Inc (NYSE: SHOP) were climbing higher on Wednesday, even after Needham analyst Anna Andreeva expressed concern about the company’s outlook. Shopify continues to take market share in the commerce enablement space, according to JMP Securities. The Shopify Analyst: Andrew...

Shares of Shopify Inc (NYSE: SHOP) plummeted in premarket trading and are still down with a disappointing outlook. KeyBanc Capital Markets on Shopify Analyst Josh Beck maintained an Overweight rating and price target of $55. “Shopify topped expectations across the board and outlined a 1Q...

Shares of Alphabet Inc (NASDAQ: GOOGL) remained in the red in early trading on Friday. JMP Securities on Alphabet Analyst Andrew Boone maintained a Market Outperform rating and a price target of $132. “Alphabet reported 4Q22 results, whereby revenue was 1% below consensus as search declined 2...

Peloton Interactive Inc’s (NASDAQ: PTON) earnings have disappointed over the past several quarters. Bernstein Analyst Aneesha Sherman maintained an Outperform rating, while raising the price target from $13 to $20. “Peloton has done the work on fixing the business, results are showing...

Peloton Interactive Inc (NASDAQ: PTON) Thursday reported its quarterly results, missing earnings by a wide margin. Here's what the Street has to say.  Morgan Stanley On Peloton Interactive Analyst Lauren Schenk maintained an Equal-Weight rating while lowering the price target from $8...

Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter. Here’s what analysts said after earnings. The Uber Analysts: RBC Capital analyst Brad Erickson had an Outperform rating and a price target of $46. JMP Securities analyst...

Analysts are lowering their price targets on Meta Platforms (NASDAQ: META) after the company reported third-quarter financial results Wednesday. Here’s what analysts are saying about the company’s growth and high spending on the metaverse sector. The Meta Platforms Analysts: Goldman...

Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...

Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers. On Thursday, Snap reported third-quarter adjusted EPS of 8 cents, beating analyst estimates of a break-even quarter. Snap's $1.13 billion in revenue for the...

Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff. Snap CEO Evan Spiegel told employees via a memo on Tuesday that the company needs to restructure its...

Here is what analysts are saying about digital advertising company PubMatic Inc. (NASDAQ: PUBM), which just reported second-quarter financial results, and beat consensus earnings per share and revenue estimates. The PUBM Analysts RBC Capital analyst Matthew Swanson has an Outperform rating and a...