Brad Erickson

Following Bumble Inc.’s (NASDAQ: BMBL) second-quarter earnings report on Wednesday, analysts released new notes for the online dating platform.  The RBC Capital Markets Analyst: Brad Erickson maintained the firm's rating of Outperform while raising the bank’s price...

Match Group Inc (NASDAQ: MTCH) shares dropped 17% on Wednesday after the online dating company reported disappointing second-quarter revenue and issued lackluster guidance. On Tuesday, Match reported a second-quarter EPS loss of 11 cents, well short of the 53-cent profit analysts had expected....

Pinterest reported second-quarter financial results after the close Monday and saw shares jump on the report and guidance that calls for mid-single digit year-over-year growth for the third quarter. Here’s what analysts had to say about earnings and new CEO Bill Ready. The Pinterest Analysts...

Analysts are sizing up Wednesday's second-quarter earnings report from Meta Platforms that cited weaker advertising spending and several macro headwinds for the social media platform. Could growth of Reels be enough to offset revenue declines?  The Meta Platforms Analysts: RBC...

Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...

LYFT Inc (NASDAQ: LYFT) shares plummeted 32% on Wednesday after the company issued second-quarter guidance that came up well short of market expectations. On Wednesday, Lyft reported first-quarter adjusted EPS of 7 cents, beating consensus analyst estimates of a 7-cent loss. First-quarter revenue...

Airbnb Inc (NASDAQ: ABNB) shares traded higher by 4.9% on Wednesday after the company reported big first-quarter earnings growth and said it expects a sharp rebound in summer travel in 2022 as pandemic headwinds abate. On Tuesday, Airbnb reported a first-quarter adjusted EPS loss of 3 cents, well...

Carvana Co (NYSE: CVNA) last Wednesday reported disappointing first-quarter results. BofA Securities: Analyst Nat Schindler maintained a Buy rating on the company while reducing the price target from $277 to $225. “Omicron remained a headwind in 1Q, pressuring production and logistics...

Facebook, Inc. (NASDAQ: FB) shares were retreating Tuesday after the social media giant reported yet another quarter of huge profits and impressive growth. On Thursday, Facebook reported third-quarter adjusted EPS of $3.22 beating consensus analyst estimates of $3.19. Revenue of $29.01 billion...

Analysts share their reactions and new price targets on shares of DoorDash Inc (NYSE: DASH), which reported second-quarter earnings Thursday after market close. The DoorDash Analysts: Barclays analyst Ross Sandler had an Equal Weight rating and raised the price target from $160 to $183....

DoorDash Inc (NYSE: DASH) evolved from its 2013 roots to become the largest third-party restaurant delivery platform in the U.S. with 390,000 merchants, 1 million couriers and 18 million customers. The company went public in late 2020 and a handful of Wall Street analysts released their first...

High-profile December IPO Airbnb Inc (NASDAQ: ABNB) is off to a volatile start on the public market. The vacation rental giant priced its IPO shares at $68 early last month, but the stock more than doubled when it opened at $146 the following day. The momentum continued, pushing Airbnb shares as...

Lyft analysts are sizing up the third-quarter earnings report from the ride-hailing company — and the announcement the company is exploring delivery options for retailers. Lyft Analysts On Q3: Raymond James analyst Aaron Kessler said Lyft Inc (NASDAQ: LYFT) showed gradual rides...