After-hours movers: Lyft , Super Micro Computer, Upstart Holdings, DoorDash and more

Lyft (LYFT) PT Lowered to $15 at DA Davidson

DA Davidson analyst Tom White lowered the price target on Lyft (NASDAQ: LYFT) to $15.00 (from $16.00) while maintaining a Neutral rating.

The analyst comments "We remain NEUTRAL on shares of LYFT following mixed 4Q'24 results that were a bit light on Gross... More

Super Micro Computer (SMCI) Trades $43 Handle, Up 12pct

Super Micro Computer (NASDAQ: SMCI) Trades $43 Handle, Up 12pct

Lynx Equity Says Super Micro Computer (SMCI) Read-thru is Negative for Nvidia (NVDA), 'we think SMCI is poised for upside surprises'

Lynx Equity Says Super Micro Computer (NASDAQ: SMCI) Read-thru is Negative for Nvidia (NVDA).

The analyst comments "At its earnings event yesterday, the Company made good progress in climbing out of the deep hole it finds itself in. Among the many announcements, forecasts and insights that management provided, none may be as relevant as the announcement that the company had succeeded in raising capital from private sources, the implication being savvy private investors appear to be comfortable with company financials, order pipeline and regulatory issues if any. And that ought to... More

Upstart Holdings Inc (UPST) PT Raised to $108 at Citi

Citi analyst Peter Christiansen raised the price target on Upstart Holdings Inc (NASDAQ: UPST) to $108.00 (from $87.00) while maintaining a Buy rating.

The analyst comments "Its been 10 quarters since Upstart preannounced its 2Q22 ~24% revenue miss. Now coming full cycle with a 21% 4Q24 revenue beat... More

Confluent Inc (CFLT) PT Raised to $40 at Truist Securities

Truist Securities analyst Joel P. Fishbein Jr raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $35.00) while maintaining a Buy rating.

The analyst comments "Confluent delivered Q4 results that exceeded our expectations driven by continued momentum in their cloud revenue... More

DoorDash Inc. (DASH) PT Raised to $215 at Raymond James

Raymond James analyst Josh Beck raised the price target on DoorDash Inc. (NASDAQ: DASH) to $215.00 (from $170.00) while maintaining a Outperform rating.

The analyst comments "The Call: DoorDash reported a high-quality beat and continues to demonstrate impressive execution reinvesting efficiency gains back into... More

Confluent Inc (CFLT) PT Raised to $40 at Stifel

Stifel analyst Brad Reback raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $37.00) while maintaining a Hold rating.

The analyst comments "Confluent posted a solid quarter as stabilizing consumption trends, use case expansion, and DSP adoption (13% of Cloud revs vs. 10% in... More

Confluent Inc (CFLT) PT Raised to $31 at BofA Securities

BofA Securities analyst Brad Sills raised the price target on Confluent Inc (NASDAQ: CFLT) to $31.00 (from $26.00) while maintaining a Underperform rating.

The analyst comments "Data streaming platform vendor Confluent (CFLT) reported strong 4Q24 results above our/Street estimates on subscription revenue, total... More

DoorDash Inc. (DASH) PT Raised to $245 at BofA Securities

BofA Securities analyst Michael McGovern raised the price target on DoorDash Inc. (NASDAQ: DASH) to $245.00 (from $205.00) while maintaining a Neutral rating.

The analyst comments "DoorDash reported GOV/revenue/EBITDA of $21.3bn/$2.9bn/$566mn vs BofAe at $21.2bn/$2.9bn/$574mn. 1Q GOV... More

Lyft (LYFT) PT Lowered to $16 at JPMorgan

JPMorgan analyst Doug Anmuth lowered the price target on Lyft (NASDAQ: LYFT) to $16.00 (from $19.00) while maintaining a Neutral rating.

The analyst comments "We believe Lyft's execution has improved over the past year w/increased focus on product innovation and service for both drivers and riders. Those initiatives led to 4Q upside in Active Riders (+10% Y/Y) and Adjusted EBITDA ($113M, 2.6% margin). However, we believe Lyft is facing an increasingly competitive rideshare landscape as of late 4Q and into 1Q. In a duopoly... More

DoorDash Inc. (DASH) PT Raised to $205 at JPMorgan

JPMorgan analyst Doug Anmuth raised the price target on DoorDash Inc. (NASDAQ: DASH) to $205.00 (from $155.00) while maintaining a Neutral rating.

The analyst comments "DASH delivered solid 4Q results & 1Q outlook w/GOV upside and more in-line Adjusted EBITDA. DASH is executing very well as it grows and empowers local economies. Unit economics improved in 2024 across US Restaurants, US New Verticals, and International, while MAUs reached an all-time high... More

DoorDash Inc. (DASH) PT Raised to $225 at BTIG

BTIG analyst Jake Fuller raised the price target on DoorDash Inc. (NASDAQ: DASH) to $225.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "DASH delivered a beat and guided ahead on 1Q GOV, all while operating at a strong incremental margin. The... More

Lyft (LYFT) PT Lowered to $15 at Evercore ISI

Evercore ISI analyst Mark Mahaney lowered the price target on Lyft (NASDAQ: LYFT) to $15.00 (from $19.00) while maintaining a In Line rating.

The analyst comments "Our View: We maintain our In Line rating and lower our PT to $15 (from $19) in the wake... More

Confluent Inc (CFLT) PT Raised to $40 at Evercore ISI

Evercore ISI analyst Chirag Ved raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $32.00) while maintaining a Outperform rating.

The analyst comments "Bottom line: CFLT delivered strong top-and-bottom line results and provided initial FY25 guidance that was ahead of Street... More

Confluent Inc (CFLT) PT Raised to $30 at Goldman Sachs

Goldman Sachs analyst Kash Rangan raised the price target on Confluent Inc (NASDAQ: CFLT) to $30.00 (from $29.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral rating and raise our PT to $30 (from $29) following Confluents F4Q24 earnings where revenue grew 23% yoy (+2% vs. Consensus), Cloud grew 38% yoy (vs. Consensus 35%) and FCFM came in at 11%... More

DoorDash Inc. (DASH) PT Raised to $212 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan raised the price target on DoorDash Inc. (NASDAQ: DASH) to $212.00 (from $192.00) while maintaining a Neutral rating.

The analyst comments "In its Q424 earnings report, DASH mgmt. emphasized a number of key themes: 1) the company continues to execute against moving the platform beyond its... More

Goldman Sachs Reiterates Neutral Rating on Lyft (LYFT)

Goldman Sachs analyst Eric Sheridan reiterated a Neutral rating and $20.00 price target on Lyft (NASDAQ: LYFT)

The analyst comments "In its Q424 earnings report, Lyft (LYFT) framed a few key themes: 1) Gross Bookings (GBs) landed at the low end of the guided range for Q424 and the high-end of the Q125 GB guide was below the Street, with the... More