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The Street Debates What's Next For PayPal After Impressive Q2 Beat
Thursday, July 30, 2020 - 2:44pm | 784Read More...Payments company Paypal Holdings Inc (NASDAQ: PYPL) reported Wednesday afternoon with second-quarter results highlighted by an EPS, revenue and total payment volume beat. Here's how PayPal analysts are reacting to the company's results and outlook. The PayPal Analysts:...
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Why This Analyst Sees 'Slight Hope' For DraftKings In 2020
Thursday, July 30, 2020 - 12:15pm | 448Read More...DraftKings Inc (NASDAQ: DKNG) shares traded lower on Thursday after hopes for legalized sports betting in the state of Massachusetts were dealt a heavy blow. What Happened? The Massachusetts House had previously passed an economic stimulus bill that included provisions for legalizing sports betting...
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DraftKings Takes Advantage Of 'Favorable Market Conditions' With Share Offering
Wednesday, June 17, 2020 - 9:08am | 376Read More...Online sports betting company DraftKings Inc (NASDAQ: DKNG) announced Tuesday afternoon a 14-million share offering to take advantage of "favorable market conditions," according to Oppenheimer analyst Jed Kelly. What Happened: DraftKings expects to raise $500 million to $525 million in...
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Roku Analysts On Streaming Growth, Early Q1 Data: 'Path To Profitability Is Unclear'
Tuesday, April 14, 2020 - 12:02pm | 659Read More...Roku Inc (NASDAQ: ROKU) estimates that it gained 3 million new accounts in the first quarter and saw streaming hours increase 49% year-over-year — partly thanks to global shelter-at-home orders. “The strength in streaming hours was partially offset by the addition of ‘Are you...
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Analysts Check In On Yelp's Q2
Friday, August 9, 2019 - 1:04pm | 536Read More...Yelp Inc (NYSE: YELP) reported second-quarter results highlighted by a solid EBITDA beat on higher sales. Here is a summary of what one bull, bear and neutral analyst said after the earnings report. The Analysts Oppenheimer's Jed Kelly maintains a Perform rating on Yelp with no price target....
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'A Buying Opportunity In Facebook': Analysts React To Zuckerberg's Congressional Testimony
Thursday, April 12, 2018 - 3:29pm | 835Read More...Facebook, Inc. Common Stock (NASDAQ: FB) CEO Mark Zuckerberg’s 10 hours of testimony were not in vain. The two-day congressional hearing over Facebook’s consumer data and influencer security catalyzed an equally long run in the company’s stock, and some consider the rally the...
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Roku Downgraded, Analyst Calls Stock Too Expensive
Tuesday, November 14, 2017 - 2:45pm | 328Read More...Roku Inc (NASDAQ: ROKU) has been on the rise since posting a remarkable bottom-line beat Nov. 8, but a mid-day Oppenheimer note put a pause on the rally. The Analyst Oppenheimer analysts Jason Helfstein and Jed Kelly downgraded Roku to Underperform and established a $28 price target on the stock...
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4 Things To Look For When Expedia Reports Q3 Earnings
Tuesday, October 24, 2017 - 1:59pm | 332Read More...Expedia Inc (NASDAQ: EXPE) is scheduled to report earnings Thursday after the market close, and Oppenheimer analysts Jed Kelly and Jason Helfstein maintain their price target of $175 and Outperform rating. Pay Attention To These 4 Things The core online travel agency is going to be an important...
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How To Play Square's Crazy 14-Day Winning Streak
Friday, October 13, 2017 - 11:44am | 491Read More...With the stock under pressure in early Friday trading, Square Inc (NYSE: SQ) investors are at risk of seeing something in their portfolio they haven’t seen in nearly three weeks: the color red. Since the stock last closed in the red on Sept. 22, Square has delivered an incredible 14...
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Square Gets Hip: More Upside To Come Despite Year-Long Run
Thursday, October 12, 2017 - 10:21am | 377Read More...Despite a more than 185 percent gain over the past year, analyst at Oppenheimer see even more upside ahead for Square Inc (NYSE: SQ). Analyst Jed Kelly initiated coverage of Square's stock with an Outperform rating and 12-18 month $35 price target. The case for owning Square's stock near...
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Amazon Hopes Cloud Investments Will Stave Off Competition From Microsoft, Google
Sunday, April 30, 2017 - 10:08pm | 365Read More...Reviewing Amazon.com, Inc. (NASDAQ: AMZN)'s first-quarter results, Oppenheimer said it believes investments in cloud will help the company stave off competition from Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft Corporation (NASDAQ: MSFT). Smallest EBIT Margin Growth At AWS Analysts...
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Evidence Suggesting Amazon's Q1 Will Be In Line Or Better
Tuesday, April 25, 2017 - 12:24pm | 555Read More...Previewing Amazon.com, Inc. (NASDAQ: AMZN) first-quarter results, Oppenheimer said evidence suggests the first quarter will be an in-line or better quarter. Amazon is due to release its results after the market close on Thursday. AWS: The Star Business Analysts Jason Helfstein, Timothy Horan, Jed...
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Priceline Slapped With A $2,000 Price Target
Thursday, April 13, 2017 - 10:45am | 403Read More...Jed Kelly of Oppenheimer reiterated an Outperform rating on Priceline Group Inc (NASDAQ: PCLN)'s stock with a price target boosted from $1,860 to $2,000 based on the belief that a 20 percent-plus room-night growth rate is achievable over the medium term. Kelly expects Priceline's 2017 room-nights...
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TripAdvisor Competitive Headwinds Aren't Dissipating
Thursday, February 16, 2017 - 11:23am | 359Read More...The weak fourth quarter results and the resultant outlook shows competing headwinds still persist for Tripadvisor Inc (NASDAQ: TRIP) whose top as well as bottom line numbers for the quarter trailed estimates. TripAdvisor reports Q4 EPS of $0.16, missing by $0.15 Sales came in at $316 million...
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4 Keys For OnDeck Capital From Oppenheimer's Coverage Initiation
Thursday, August 4, 2016 - 3:21pm | 401Read More...Oppenheimer has started coverage of On Deck Capital Inc (NYSE: ONDK) with a Perform rating saying that despite the efficient company's business model, it is not expecting full-year EBITDA profitability until 2018. "The decision to reduce Marketplace loans likely weighs on near-term sentiment until...
















