Cowen Affirms LinkedIn (LNKD) at 'Outperform' Following Q2 Results; Display Ad Decline Hampers Outlook

LinkedIn (LNKD) Strong Q2 and Conservative Guidance Create Buying Opportunity, Needham & Company Says

July 31, 2015 9:02 AM EDT

Needham & Company analyst Kerry Rice reiterated his Buy rating and bumped his price target on LinkedIn (NYSE: LNKD) to $260.00 (from $250.00) following strong Q2 results and conservative guidance, which creates a buying opportunity with the stock lower.

Rice commented, "LinkedIn 2Q15 revenue and EBITDA exceeded... More

RBC Capital's Mahaney Reiterates Bullish Stance on LinkedIn (LNKD)

July 31, 2015 8:54 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $275 price target on LinkedIn (NYSE: LNKD) following better than expected Q2 results, but lowered organic H2 guidance, citing ongoing weakness in its high-margin Display Advertising segment.

The keys to the quarter, according to Mahaney: 1)... More

Mizuho Securities Remains Bullish on LinkedIn (LNKD) Following 2Q Results

July 31, 2015 7:29 AM EDT

Mizuho Securities reiterated a Buy rating and $240.00 price target on LinkedIn (NYSE: LNKD) following 2Q results. Revenue and EBITDA of $712m and $163m beat Street estimates of $680m for revenue and $125m for EBITDA. Analyst Neil Doshi said that the strong guide included... More

Evercore ISI Downgrades LinkedIn (LNKD) to Hold

July 31, 2015 6:49 AM EDT

Evercore ISI downgraded LinkedIn (NYSE: LNKD) from Buy to Hold with a price target of $220.00 (from $250.00).

Analyst Ken Sena commented, "Last quarter, we entitled our earnings review, Nothing a Couple Bridges Cant Fix. Well, were back with more bridges, which like last time, aim to explain why the FY guidance needs to come down. While we are not keen on making rating changes in response... More

LinkedIn (LNKD) Tops Q2 EPS by 25c

July 30, 2015 4:02 PM EDT

(Updated - July 31, 2015 8:45 AM EDT)

LinkedIn (NYSE: LNKD) reported Q2 EPS of $0.55, $0.25 better than the analyst estimate of $0.30. Revenue for the quarter grew 33% to $712 million versus the consensus estimate of $679.8 million. Revenue on a constant currency basis was up 38% from last year. Adjusted EBITDA was $163 million, or 23% of revenue.

The company highlighted:

Talent Solutions revenue (inclusive of Learning & Development) was $443 million,... More