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The Latest Breaking News from Justin Patterson

Analysts overhaul Alphabet stock price targets as Google parent soars

Google parent Alphabet overcame a key investor concern as it posted stronger-than-expected third quarter earnings.

The Street

Analysts revisit Netflix stock price targets as Q3 earnings loom

Netflix, which cracked down on password sharing last year, has seen big gains in ad-supported revenue.

The Street

Spotify Stock Gets Price-Target Hike On Revenue Growth, Profit Outlook

Music streamer Spotify Technology is in the "sweet spot" of growth and profitability, a Wall Street analyst says.

Investors Business Daily

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Analysts update Meta stock price target with Q3 earnings in focus

Meta Platforms, the parent of Facebook, has added nearly $600 billion in market value this year.

The Street

Spotify, IBD Stock Of The Day, On Path To 1 Billion Users

Spotify Technology is on pace to reach 1 billion monthly active users worldwide by 2030, a Wall Street analyst says.

Investors Business Daily

Spotify Looks To Beef Up Audio Service With Videos

After conquering the streaming music market, Spotify is looking to broaden its subscription service with video.

Investors Business Daily

Spotify Stock Has Several Tailwinds, Analyst Says

A Wall Street analyst sees several tailwinds for Spotify stock in the second half of 2024. Spotify shares have stalled recently.

Investors Business Daily

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Analysts reset Uber stock forecast after General Motors deal

Here's what could happen next to Uber shares.

The Street

Analysts revise Trade Desk stock price target after earnings

This is what could happen next to The Trade Desk shares.

The Street

Spotify, IBD Stock Of The Day, Holds Tight After Big Earnings Beat

Spotify Technology is the IBD Stock Of The Day as the streaming music leader hovers near a buy point after its upbeat second-quarter earnings report.

Investors Business Daily

Alphabet earnings up next with Google parent's AI costs in focus

Alphabet CEO Sundar Pichai told investors in April that AI will impact "the entire breadth of the company". But it won't come cheap.

The Street

Netflix Stock Rises As Streaming Video Service Draws More Viewers

Netflix stock advanced on Friday following a report that showed higher subscriber engagement with the streaming video service's content.

Investors Business Daily

META Q1 Earnings Preview: Will Meta Platforms Go the Way of Tesla, or Netflix?

Meta Platforms will release its Q1 earnings after the bell today. Will the stock hit new record highs after the report, as it did after its previous earnings call - or plunge, like its FAANG peer Netflix?

Barchart

Analysts revise Facebook parent Meta stock price targets before earnings

Here's what could happen next to Meta Platforms' stock.

The Street

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Investors Business Daily

Netflix Stock Gets Price-Target Hikes As Outlook Brightens

Netflix stock received a pair of price-target increases on Wednesday ahead of the streaming video leader's fourth-quarter earnings report next week.

Fortune

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

Investors Business Daily

Uber Earnings Watch: International Sales, Lyft Competition, Ads Push

Uber stock has nearly doubled its value this year. Can third-quarter earnings keep the company in the fast lane?

Investors Business Daily

Wall Street Cheers Netflix Price Increases As Sign Of Strength

Netflix stock jumped Thursday on price increases and the video streamer's better-than-expected third-quarter results.

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Zenger

Netflix Surges On Strong Q3 Results; KeyBanc Analyst Upgrades Rating

Analyst Justin Patterson raises price target by 47% on improved subscriber growth and increased earnings projections.

Zenger

Meta Connect Conference To Showcase AI And VR Advancements, Exciting Investors

KeyBanc analyst highlights Meta's progress in artificial intelligence and virtual reality at upcoming conference.

Zenger

Snap Analysts Weigh In On Company’s Ability To Compete With Social Media Giants

Snap Inc faces challenges as analysts assess long-term potential

Zenger

Eventbrite’s Revenue Growth Expected To Soar Amid Analyst Upgrade

Analyst predicts significant margin expansion and 20% annual revenue growth for Eventbrite

Zenger

Alphabet’s Q2 Results Beat Expectations, Driven By Strong Cloud Business

Google Properties' growth expected to rebound and YouTube Shorts surges, fueling optimism for long-term AI-driven growth.

Investors Business Daily

Is Meta's Threads App A 'Twitter Killer'? Social Media Users Debate New Service

Wall Street analysts and social media users on Thursday debated whether Meta's Threads app is a threat to Twitter.

The Street

Roku Stock Slides As KeyBanc Cuts Rating to 'Sector Weight' On Ad Weakness

Roku's eroding market share, and its need for new investment, will pressure near-term profits, according to KeyBanc analyst Justin Patterson.

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