What Do Analysts News Today

Microsoft Corp. (NYSE: MSFT) will report its fiscal Q3 2024 earnings, with analysts expecting $2.83 EPS and $60.769B revenue. Goldman Sachs has a $450 price target and calls Microsoft one of the most compelling investment opportunities in the tech industry.

3 IPOs Blockbuster, 1 Muted: How 4 IPO Listings Did Today, What Should Investors Do Now? Among the 4 IPOs that were listed today, Fedbank Financial Services IPO was the only disappointing debut on the stock markets

Share: Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter. Lululemon reported first-quarter adjusted EPS of $1.16 on revenue of $1.23 billion. Both numbers topped consensus analyst estimates of 91 cents and $1.13 billion, respectively. Revenue was up 88% from a year ago. Lululemon’s sales were up 57% compared to the same quarter in 2019, before last year’s COVID-19 pan...

UiPath Inc (NYSE: PATH) shares are up more than 20% since the company priced its April IPO at $56. UiPath automates repetitive workplace processes. The company reported $607.6 million in revenue in the last fiscal year, up 81% year-over-year. At the same time, UiPath’s net loss narrowed from... Read More...

Shares of Salesforce.com, inc. (NASDAQ: CRM) jumped 5.43% on Friday after the company reported accelerating growth in the first quarter and issued ...

Share: Walmart Inc (NYSE: WMT) reported a big first-quarter earnings beat driven by online and grocery sales growth. On Tuesday morning, Walmart reported a first-quarter EPS of $1.69 on revenue of $138.3 billion. Both numbers exceeded consensus analyst estimates of $1.21 and $131.9 billion, respectively. Revenue was up 3% from a year ago. U.S. same-store sales growth in the quarter was up 6%, exceeding analyst estimates of 0.9% growth. U.S. e-commerce sales were up 37%. Total transactions were ...

Share: Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst estimates of 15 cents and $444 million, respectively. Revenue was up 13.6% from a year ago. Wendy’s management in part credited the success of its breakfast menu and recently launched chicken sandwich...

Share: MGM Resorts International (NYSE: MGM) announced Tuesday the sale of its Springfield, Massachusetts, real estate assets to its REIT MGM Growth Properties LLC (NYSE: MGP) for $400 million. What Happened? The Springfield property is the latest in a series of MGM properties the company has transferred to its REIT. MGM will now lease the property from MGM Growth and continue to operate the facilities. The Master Lease between MGM and its REIT will increase by $30 million annually as a result...

Cathie Wood Cuts Apple Stake By 30% And Buys Coinbase, DraftKings Cathie Wood-led Ark Investment Management shed more shares of Apple Inc (NASDAQ:AAPL) on Monday, just days after halving its stake in the maker of iPhones and iPads, and snapped up shares of cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) and daily fantasy sports company DraftKings Inc (NASDAQ:DKNG).  The investment firm sold 87,560 Apple shares, worth about $11.1 million, of the 289,630 shares it owned, as of the...

Share: Coinbase Global Inc (NASDAQ: COIN) is off to a strong start following last month’s IPO, and one analyst said Monday the stock is just getting started. The Analyst: Oppenheimer analyst Owen Lau initiated coverage of Coinbase with an Outperform rating and $434 price target. The Thesis: In the initiation note, Lau said Coinbase is not just a cryptocurrency exchange, it’s a “platform for digital asset innovation.” He said the stock is well-positioned to capitalize as digital assets a...