RBC Capital Boosts PT on LinkedIn (LNKD) to $300 Following Solid Q3 Results, Outlook

Lynda's Upside and First 10% Customer to Drive Growth at LinkedIn (LNKD) - Susquehanna

October 30, 2015 11:22 AM EDT

Shyam Patil from Susquehanna published an earnings recap on LinkedIn (NASDAQ: LNKD) this morning citing Lynda's first 10% customer and leverage in the company's operating model.

The revenue beat combined with lower opex drove EBITDA 35% ($54 million) above us and 36% ($55 million) above consensus, and EPS... More

Growth Drivers Set For LinkedIn's (LNKD) 2016; SunTrust Robinson Humphrey Raises Price Target to $280

October 30, 2015 10:21 AM EDT

SunTrust Robinson Humphrey reiterated a Buy rating on LinkedIn (NYSE: LNKD), and raised the price target to $280.00 (from $275.00), following the company's 3Q earnings results. LinkedIn has multiple drivers that are building momentum for growth in 2016, including; Lynda product improvements, Mobile growth, Sales force... More

Evercore ISI Raises Price target on LinkedIn (LNKD) to $235 Following 3Q

October 30, 2015 10:05 AM EDT

Evercore ISI reiterated a Hold rating on LinkedIn (NYSE: LNKD), and raised the price target to $235.00 (from $211.00), following the company's 3Q earnings results. After stripping out the impact of its Lynda acquisition, billings increased 22%, which compares to +30% growth in reported revenues.

Analyst Ken... More

LinkedIn (LNKD) Reports Upside to 3Q; Needham & Company Reiterates Buy

October 30, 2015 9:08 AM EDT

Needham & Company reiterated a Buy rating on LinkedIn (NYSE: LNKD), and raised the price target to $300.00 (from $260.00), following the company's 3Q earnings results. Total revenue for 3Q15 was $780M, above expectations of $756M. Adjusted EBITDA of $208M was also well above expectations of $152M.... More

LinkedIn (LNKD) PT Raised to $272 at Cowen

October 30, 2015 7:49 AM EDT

Cowen analyst John Blackledge reiterated an Outperform rating and boosted his price target on LinkedIn (NYSE: LNKD) to $272.00 (from $260.00).

Blackledge commented, "After 2 qtrs of mixed results, LNKD delivered strong 3Q results with revenues 2% ahead of Cowen ests and EBITDA an impressive 40% higher.... More

LinkedIn (LNKD) PT Raised to $285 at Mizuho Securities

October 30, 2015 7:43 AM EDT

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and raised his price target on LinkedIn (NYSE: LNKD) to $285.00 (from $240.00) following solid 'beat and raise' quarter.

Doshi commented, "If investors were looking for strength in the core, a strong product pipeline, and a... More

LinkedIn (LNKD) PT Raised to $189 at FBR Capital Posts Q3; Remains Sidelined on Valuation

October 30, 2015 7:37 AM EDT

FBR Capital analyst William Bird raised his price target on LinkedIn (NYSE: LNKD) to $189.00 (from $180.00) but maintained a Market Perform followings strong results after the close. Despite this the firm believes valuation is stretched 69x 2016E EBITDA.

Bird commented, "After a large guidance... More

Market Wrap: GDP Inches Higher in Q3; Pending Sales Stall in Sept.; PBMs Severe Ties with Philidor

October 29, 2015 5:28 PM EDT

Market wrap for October 29th

End of the Day: S&P 500 down 0.9 to 2,089.41; Dow Jones down 23.7 to 17,755.80; Nasdaq down 21.4 to 5,074.27

Market Brief: Markets pared some gains from Wednesday following FOMC commentary yesterday and data today showing U.S. GDP growth in Q3, but not at the pace expected.

Pending home sales showed a surprise drop for September.

Valeant shares fell in late trading as CVS Health cut off its relationship with Philidor.

Allergan and Pfizer announced that they were in... More

LinkedIn profit beats as hiring services, ads revenue jumps

October 29, 2015 4:11 PM EDT

By Devika Krishna Kumar

(Reuters) - LinkedIn Corp's (NYSE: LNKD) quarterly revenue and profit handily beat analysts' estimates as the world's biggest professional networking website operator earned more from its recruitment services business and from advertisements and paid memberships.

Shares of the company, which also raised its full-year profit and revenue forecasts, jumped 12 percent in extended trading on Thursday.

LinkedIn has been spending heavily on expansion by buying up companies, hiring sales... More

LinkedIn (LNKD) Tops Q3 EPS by 33c; Issues Strong FY15 Outlook

October 29, 2015 4:02 PM EDT

(Updated - October 29, 2015 4:04 PM EDT)

LinkedIn (NYSE: LNKD) reported Q3 EPS of $0.78, $0.33 better than the analyst estimate of $0.45. Revenue came in at $780 million versus the consensus of $755.64 million.

Marketing Solutions revenue grew 28% year-over-year to $140 million.

Sponsored Updates performance once again exceeded 100% year-over-year growth, partially offset... More