After-hours movers: Microsoft, Meta Platforms, eBay, Carvana and more
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
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- Chip stocks plunge, but bargain-hunters limit scale of tech rout
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- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
eBay (EBAY) PT Raised to $68 at Citi
October 31, 2024 11:58 AM EDTCiti analyst Ygal Arounian raised the price target on eBay (NASDAQ: EBAY) to $68.00 (from $65.00) while maintaining a Buy rating.
The analyst comments "eBay reported 3Q24 results ahead of expectations, but 4Q24 guidance was somewhat mixed, mostly related to a strategic... More
Etsy (ETSY) PT Raised to $47 at Goldman Sachs
October 31, 2024 7:44 AM EDTGoldman Sachs analyst Eric Sheridan raised the price target on Etsy (NASDAQ: ETSY) to $47.00 (from $45.00) while maintaining a Sell rating.
The analyst comments "In its Q324 earnings report, ETSY highlighted the following key themes: 1) Q3 GMS declined -4% YoY driven by worsening trends in... More
Goldman Sachs Reiterates Buy Rating on Microsoft (MSFT)
October 31, 2024 6:35 AM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $500.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "We reiterate our Buy rating and $500 PT as we atribute the weakness AH to 1) the slight deceleration in Azure and CM365 CC growth guidance, both down ~200bps, and 2) the negative impact to EPS (~$0.60 annualized or ~5%) from minority interest in OpenAI losses. We remain constructive and view these issues as short-lived... More
B.Riley Reiterates Neutral Rating on Coinbase Global Inc. (COIN)
October 31, 2024 6:01 AM EDTB.Riley analyst Hal Goetsch reiterated a Neutral rating and $185.00 price target on Coinbase Global Inc. (NASDAQ: COIN)
The analyst comments "Coinbase Global, Inc. (COIN) reported a relatively in-line quarter with slowing sequential trends. COIN management called out softer market... More
Evercore ISI Reiterates Outperform Rating on Microsoft (MSFT)
October 31, 2024 5:49 AM EDTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $500.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "Microsoft reported solid F1Q results that beat expectations across the board, with M365 Commercial Cloud growth of 16% in c/c and Azure growth of 34% in c/c. However, shares are under some pressure in the after-market as the Azure consumption growth was more in... More
Carvana (CVNA) PT Raised to $240 at DA Davidson
October 31, 2024 5:44 AM EDTDA Davidson analyst Michael Baker raised the price target on Carvana (NYSE: CVNA) to $240.00 (from $155.00) while maintaining a Neutral rating.
The analyst comments "Based on the aftermarket price, CVNAs stock has now retraced exactly 2/3rds of the $366 decline from the $370 stock price peak in August 2021 to... More
Meta Platforms Inc. (META) PT Raised to $700 at DA Davidson
October 31, 2024 5:43 AM EDTDA Davidson analyst Gil Luria raised the price target on Meta Platforms Inc. (NASDAQ: META) to $700.00 (from $600.00) while maintaining a Buy rating.
The analyst comments "We reiterate our BUY rating and raise our price target to $700 following solid earnings that were highlighted by... More
Citi Reiterates Buy Rating on Microsoft (MSFT)
October 31, 2024 5:41 AM EDTCiti analyst Tyler Radke reiterated a Buy rating and $497.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "A healthy top/bottom-line beat (1-2% revenue including 1pt on Azure/5% EPS) , with strong commercial bookings (23% YoY) was offset by some one-off factors... More
Meta Platforms Inc. (META) PT Raised to $705 at Citi
October 31, 2024 5:40 AM EDTCiti analyst Ronald Josey raised the price target on Meta Platforms Inc. (NASDAQ: META) to $705.00 (from $645.00) while maintaining a Buy rating.
The analyst comments "With advertising revenue +20% Y/Y ex-FX and growth across both ad impressions (+7% Y/Y) and pricing (+11%... More
Etsy (ETSY) PT Lowered to $54 at Citi
October 31, 2024 5:40 AM EDTCiti analyst Nicholas Jones lowered the price target on Etsy (NASDAQ: ETSY) to $54.00 (from $65.00) while maintaining a Neutral rating.
The analyst comments "Etsy delivered a mixed print with GMS growth below expectations, offset by better take rates and margins. Etsy has gotten no... More
Etsy (ETSY) PT Lowered to $65 at BTIG
October 31, 2024 5:37 AM EDTBTIG analyst Marvin Fong lowered the price target on Etsy (NASDAQ: ETSY) to $65.00 (from $78.00) while maintaining a Buy rating.
The analyst comments "WHAT YOU SHOULD KNOW: ETSY delivered solid revenue and Adjusted EBITDA on slightly worse-than-expected GMS. Specifically, revenue came in at $662.4MM (Street $652.5MM) while Adjusted EBITDA came in at $183.6MM (Street $177.4MM). The 27.7% Adjusted EBITDA margin was ahead of guidance for ~27%. GMS was $2.92B, a (4.1%) y/y decline and (4.4%) in constant currency. The Street was looking for $2.97B, or a ~(2%) y/y decline. Looking just at the core Etsy marketplace,... More
Barclays Reiterates Overweight Rating on Microsoft (MSFT)
October 31, 2024 5:31 AM EDTBarclays analyst Raimo Lenschow reiterated an Overweight rating and $475.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "In the short term, we fear the wait will continue for MSFT's shares. Short term supply issues around AI capacity are likely to cause stable Azure... More
Etsy (ETSY) PT Lowered to $55 at Barclays
October 31, 2024 5:31 AM EDTBarclays analyst Trevor Young lowered the price target on Etsy (NASDAQ: ETSY) to $55.00 (from $60.00) while maintaining a Equalweight rating.
The analyst comments "The Key Takeaway: ETSY reported 3Q GMS that was -2% below consensus as core ETSY sees continued MSD declines. Consolidated revs... More
