Justin Patterson

LYFT Inc (NASDAQ: LYFT) shares tumbled Friday morning after the company disappointed Wall Street with its weak guidance. On Thursday, Lyft reported a fourth-quarter adjusted EPS loss of 74 cents, missing consensus analyst estimates of a 13-cent profit. The San Francisco-based company reported $1.18...

Shares of Pinterest Inc (NYSE: PINS) continued to slide on Tuesday, after the company reported quarterly results. KeyBanc Capital Markets on Pinterest Analyst Justin Patterson maintained an Overweight rating while raising the price target from $28 to $32. While revenue of $877 million was below the...

Meta Platforms Inc. (NASDAQ: META) shares soared 20% late Wednesday after the Mark Zuckerberg-led company reported a revenue beat and issued in-line revenue guidance for the first quarter. Focus Back On Core Products: Meta’s founder CEO Zuckerberg has shifted focus to core products like...

Social media company Snap Inc (NYSE: SNAP) reported fourth-quarter financial results after market close Tuesday. Here is what analysts are saying after the report. The Snap Analysts: Morgan Stanley analyst Brian Nowak has an Underweight rating on Snap and a price target of $7. Raymond James analyst...

Netflix Inc. (NASDAQ: NFLX) shares rallied on Thursday in after-hours trading following the release of its quarterly results. Key Banc Says Multiple Expansion Unlikely: Net paid adds were materially better than expected in Latin America but slightly below expectations in the U.S. and...

Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its fourth-quarter results Thursday after the market close. The Netflix Analyst: KeyBanc Capital Markets analyst Justin Patterson maintained a Sector Weight rating on Netflix shares. The Netflix Thesis: Among the streaming giant's key...

Video streaming equipment manufacturer Roku Inc. (NASDAQ: ROKU) just lost a bullish recommendation as fundamental issues weigh the stock down. The Roku Analyst: KeyBanc Capital Markets analyst Justin Patterson downgraded Roku from Overweight to Sector Weight. The Roku Thesis: Roku is losing...

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday. Here is a look at where analysts stand after the earnings report. The Lyft Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on Lyft and lowered the price target from $...

Although Airbnb Inc (NASDAQ: ABNB) reported upbeat third-quarter results, with revenue of $2.88 billion and earnings of $1.79 per share, analysts slashed price targets. RBC Capital Markets Analyst Brad Erickson maintained a Sector Perform rating, with a price target of $110. “ABNB beat Q3 but...

After all the tech bloodbath, it was a refreshing sight to see a social media stock rally hard following its quarterly results. What Happened: Pinterest Inc. (NYSE: PINS) shares climbed 9.64% late on Thursday after it reported third-quarter revenue that rose 8% to $685 million and exceeded the...

Meta Platforms Inc. (NASDAQ: META) shares plunged close to 20% late on Wednesday after the company reported a third-quarter earnings miss and issued a below-consensus forecast for the running quarter. KeyBanc Downgrades Stock: While Meta’s third-quarter results and fourth-quarter guidance...

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...

As Meta Platforms Inc. (NASDAQ: META) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) prepare to release their third-quarter results, an analyst at KeyBanc Capital Markets took down his estimates — both current year and forward — as well as price targets for shares. What Happened:...

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...

Shares of Netflix Inc (NASDAQ: NFLX) rose sharply Tuesday after the market close after the streaming giant reported third-quarter financials that beat analysts’ expectations. The Street is sharing updated thoughts on what’s ahead for Netflix as it works to return to growth and...