After-Hours Stock Movers 05/06: (IBIO) (BILL) (AXON) Higher; (APPN) (STMP) (FROG) Lower (more...)

Go back to After-Hours Stock Movers 05/06: (IBIO) (BILL) (AXON) Higher; (APPN) (STMP) (FROG) Lower (more...)

Bill.com (BILL) Rises 15% On Narrower Loss, 'Transformative' Divvy Acquisition

May 7, 2021 11:39 AM EDT

Shares of Bill.com (NYSE: BILL) are up 13.6% in todays trading session after the company reported a narrower loss for its fiscal third quarter, as well as announced the acquisition of Divvy for $2.5 billion which analysts said "appears transformative."

BILL posted a $26.7 million loss in the quarter or $0.02 on an adjusted basis to top the $0.07 expected from analysts. Business sales for the quarter were reported at $59.7 million, which marks a 45% jump year-over-year, and again higher than the $54.6 million consensus.

For its fiscal Q4, the company sees revenue between $60.9... More

Datadog (DDOG) PT Raised to $150 at Needham & Company

May 7, 2021 6:45 AM EDT

Needham & Company analyst Jack Andrews raised the price target on Datadog (NASDAQ: DDOG) to $150.00 (from $141.00) while maintaining a Buy rating.

The analyst commented, "DDOG reported strong 1Q21 results as revenue and EPS were well above consensus and FY21 revenue guidance was... More

Peloton Interactive (PTON) PT Lowered to $135 at Cowen

May 7, 2021 6:31 AM EDT

Cowen analyst John Blackledge lowered the price target on Peloton Interactive (NASDAQ: PTON) to $135.00 (from $177.00) while maintaining a Outperform rating.

The analyst commented, "PTON reported strong F3Q results with sub growth, rev, & EBITDA ahead, helped by the pull forward of... More