Eric Sheridan

Shares of Spotify Technology SA's (NYSE: SPOT) have soared about 75% in the year-to-date period, rendering valuation less attractive. The Spotify Analyst: UBS analyst Eric Sheridan double downgraded shares of the music streaming platform from Buy to Sell but increased the price target...

Close on the heels of Goldman Sachs assigning a Street-high price target of $670 for Netflix Inc (NASDAQ: NFLX) shares, a UBS analyst dropped their bullish stance.  The Netflix Analyst: Eric Sheridan downgraded Netflix from Buy to Neutral with a $535 price target.  UBS On...

The online store for "pet parents" Chewy Inc (NYSE: CHWY) reported Tuesday with first-quarter results highlighted by 46% revenue growth and record new active customer adds. Here's how the Street reacted. The Chewy Analysts UBS analyst Eric Sheridan maintains a Neutral rating on...

Like rival Lyft Inc (NASDAQ: LYFT), Uber Technologies Inc (NYSE: UBER) reported mixed first-quarter earnings with a big bottom-line miss and significant top-line beat. But by and large, analysts offered glass-half-full interpretations. The Details Morgan Stanley celebrated 20% rides bookings growth...

Zynga Inc (NASDAQ: ZNGA) delivered strong execution in the first quarter, outperforming the guidance on the back of healthy results from its portfolio of franchises, according to UBS. The Zynga Analyst Eric Sheridan maintained a Buy rating for Zynga with an unchanged $8.30 price target....

Lyft Inc (NASDAQ: LYFT)’s stock plunged Wednesday on news of job cuts and opex reductions, but the company seemed to redeem itself with a first-quarter sales beat after the close. Lyft’s $955.71 million in sales exceeded estimates of $897.86 million, even as a bottom-line loss of $...

Peloton Interactive Inc (NASDAQ: PTON) recorded mixed first-quarter results with its 20-cent loss just shy of 18-cent loss forecasts and its $524.6 million sales exceeding estimates of $485.4 million. “Notably, PTON was able to beat expectations despite pausing advertising spend,”...

Pinterest Inc (NYSE: PINS) shares were tumbling more than 12% on Wednesday after the company reported slowing user growth in the first quarter. On Tuesday afternoon, Pinterest reported an adjusted earnings per share loss of 10 cents on revenue of $272 million. Losses were slightly heavier than the...

Amazon.com, Inc. (NASDAQ: AMZN) shares traded lower by more than 7% on Friday after the company missed first-quarter earnings estimates and said it plans to spend $4 billion in the second quarter combatting the coronavirus (COVID-19). Amazon reported first-quarter EPS of $5.01, short of consensus...

Facebook, Inc. (NASDAQ: FB) shares jumped 5.9% on Thursday after the company reported that ad revenue has stabilized following a steep drop in March. On Wednesday afternoon, Facebook reported first-quarter revenue of $17.74 billion, up 18% from a year ago. The social media giant also reported 2.99...

Snapchat's parent company Snap Inc (NYSE: SNAP) reported a fourth-quarter revenue miss and widening year-over-year loss. Snap's total addressable market represents a top concern for investors to "worry about most," Needham analyst Laura Martin wrote in a note. Management said the...

Electronic Arts Inc. (NASDAQ: EA) remains in the game after a third-quarter print showing strong revenue growth paced by in-game purchases and some good numbers from its Madden football franchise and a Star Wars game, analysts said Friday. A trio of analysts continued to recommend the stock...

Amazon.com, Inc. (NASDAQ: AMZN) is delivering returns to investors even faster than it can deliver stuff to your door. Amazon's stock was surging Friday as investors responded to the delivery giant's strong fourth-quarter print, sending the company's market valuation above $1 trillion....

Facebook Inc. (NASDAQ: FB) keeps warning about looming headwinds for its stock because of concerns about how it deals with users' privacy. But Facebook's revenue and user base just keep growing. Investors appeared to share Facebook's more cautious outlook on Thursday, selling...

UBS analysts initiated coverage of Uber Technologies Inc (NYSE: UBER) with a bullish stance as the ride-hailing company is backed by a committed management team that can achieve certain financial milestones. The Uber Analyst Eric Sheridan initiated coverage of Uber's stock with a Buy rating and...