How Are Analysts Rating Amazon?
Of the 47 analysts covering Amazon (AMZN), 41 gave it a “buy” recommendation, and five gave it a “hold” recommendations. There was one “sell” recommendation on the stock.
AWS’s revenues increased 43% to $3.66 billion, topping its revenues of $3.65 billion that analysts expected.
PayPal’s (PYPL) 1Q17 tells an interesting story. The company now has 203 million active customers, up from 197 million in 4Q16 and 184 million in 1Q16.
What Analysts Are Recommending for FireEye Stock
Of the 29 analyst recommendations for FireEye stock, there is only one “sell” recommendation. More than 65.0% are recommending a “hold” for the stock.
On May 19, 2017, Cisco Systems (CSCO) continued to be the largest global player by market capitalization in the cybersecurity space.
FireEye stock has risen nearly 31.0% in the last two months. Its fiscal 1Q17 results and its guidance exceeded analysts’ expectations.
Salesforce’s Fiscal 1Q18 Results: 3 Key Takeaways
Salesforce’s (CRM) fiscal 1Q18 results (ended April 30, 2017), released on May 18, topped expectations on both the revenue and earnings fronts.
Wal-Mart Stores (WMT) reported a mixed fiscal 1Q18 (ended April 30, 2017), beating the consensus earnings estimate but missing on revenue.
Yelp’s fix seems to have come late, given its downbeat results for 1Q17 and its anemic outlook for the current quarter and year.
A Closer Look at Disney’s Financials
Walt Disney (DIS) is carrying a total debt of $21.6 billion. But can it easily pay the interest?
Walt Disney (DIS) reported its fiscal 2Q17 (ended March 31) results on May 9, and the report was a mixed bag of fortunes.
Analysts’ estimate of $60.7 per share for Qualcomm (QCOM) implies an 8.2% increase from its current level. Analysts are turning bearish on the stock.
What Analysts Recommend for Sprint in May 2017
As of May 17, ~60.7% of the 28 analysts covering Sprint stock recommended a “hold.”
As of May 17, 2017, Sprint’s forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) metric was ~5.35x.
Sprint’s postpaid phone churn of 1.58% in fiscal 4Q16 was more than the 1.56% in fiscal 4Q15.
What Analysts Recommend for Priceline ahead of Its 1Q17 Results
Out of the 31 analysts tracking Priceline (PCLN), seven analysts have a “strong buy” recommendation on the stock, and 18 analysts have a “buy” recommendation on the stock.
Priceline (PCLN) trades at a forward PE multiple of 17.1x. This is higher than its average valuation of 20x since November 2008.
Priceline (PCLN) expects its 1Q17 EBITDA to be ~$550 million–$580 million. It also expects its gross profit to increase 9.5%–14.5%
Device and Consumer Revenues Decline for Microsoft
In 4Q15, revenues in the devices and consumer segment for Microsoft declined by 13% to $8.7 billion.
Top Gainers in the Tech Sector during the Week Ended May 19
In the third week of May, Chinese company Sina was the largest gainer in the tech sector—it rose 22.3%. Sina rose following good fiscal 1Q17 earnings.
Qualcomm’s (QCOM) stock price isn’t sensitive to the market’s movements. Even aggressive purchases by investors brought just a 3.8% rise in the stock’s price in ten days.
Qualcomm is looking to invest in customer engineering and marketing to bring cost-efficient technology to a larger audience and boost 4G adoption in the country.
Tech Pre-Earnings Coverage for the Week Ending May 26
Hewlett-Packard (HPQ) will be announcing its fiscal 2Q17 earnings on May 24, 2017. The company will likely post revenue of ~$11.88 billion for the quarter.
Intel and HTC have announced a partnership aimed at developing wireless connectivity for the Vive VR headset.
In fiscal 2016, AAPL reported net sales of $215.6 billion, which represents a YoY fall of 7.7%.
How Electronic Arts Is Looking to Break Out
Despite posting a 7.4% revenue growth in the December quarter, or fiscal 3Q17, Electronic Arts (EA) stock has moved nowhere.
Holiday video game sales figures shared by Sensor Tower and reported by Wall Street Journal reveal an interesting sector trend.
Nintendo (NTDOY) has plans to open three attraction sites in the US and Japan thanks to a partnership with Comcast (CMCSA).