Mark Kelley

Shares of Google parent company Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) jumped 9% on Wednesday after the company reported a better-than-feared slowdown in revenue growth in the first quarter. Alphabet reported first-quarter earnings per share of $9.87 on revenue of $41.16 billion. Revenue was...

Snap Inc (NYSE: SNAP) reported better-than-expected first-quarter results, highlighted by a 44% year-over-year increase in revenue and a 20% growth in daily active users. Here is a summary of how some of the Street's top analysts reacted to the print. The Snap Analysts Credit Suisse...

Netflix Inc (NASDAQ: NFLX) reported strong quarterly results Tuesday, with global net subscriber additions well ahead of the consensus estimate. The Netflix Analysts Nomura Instinet analyst Mark Kelley maintained a Neutral rating on Netflix and lifted the price target from $330 to $390....

Online marketplace Etsy Inc (NASDAQ: ETSY) reported fourth-quarter results that came in above expectations and was followed up with better-than-expected guidance for 2020. Here is a summary of how some of the Street's top analysts reacted to the print. The Etsy Analysts Nomura Instinet analyst...

Pinterest Inc (NYSE: PINS) beat almost all Street estimates in its fourth-quarter earnings report. While monthly active users (MAU) trended in line with forecasts, total revenue grew 46%, conversion optimization revenue popped 150%, and earnings before interest, tax, depreciation and amortization...

Match Group Inc (NASDAQ: MTCH) reported disappointing revenue for the fourth quarter of 2019 due to increased Tinder churn resulting from changes to the cancellation flow in the new iOS 13. The iOS cancellation issues will abate and estimates may be revised higher as the year progresses, according...

Spotify Technology SA (NYSE: SPOT) shares began climbing back Thursday after falling a day earlier following earnings disappointment, and sell-side analysts remained mostly positive on the company's overall outlook and pushed price targets higher. Spotify was off about 6% on Wednesday after the...

Snapchat's parent company Snap Inc (NYSE: SNAP) reported a fourth-quarter revenue miss and widening year-over-year loss. Snap's total addressable market represents a top concern for investors to "worry about most," Needham analyst Laura Martin wrote in a note. Management said the...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported mixed fourth-quarter earnings results. A handful of Wall Street analysts offered their take on the quarter and what's next for Google and YouTube. Notably, the company disclosed YouTube advertising revenue, which came in at topped $15 billion...

Facebook Inc. (NASDAQ: FB) keeps warning about looming headwinds for its stock because of concerns about how it deals with users' privacy. But Facebook's revenue and user base just keep growing. Investors appeared to share Facebook's more cautious outlook on Thursday, selling...

Netflix, Inc. (NASDAQ: NFLX) beat expectations on total subscriber adds, EPS and revenue but the sell-side reaction was mixed with bears worried about lackluster growth in U.S. subscribers and heavy spending on content as competition ramps up. The mixed results on subscriber adds, strong...

Netflix Inc. (NASDAQ: NFLX) and Amazon.com Inc. (NASDAQ: AMZN) are the best-positioned companies to take advantage of the movement toward streaming entertainment, Nomura Instinet said in a new look at the industry. While Netflix, the pioneering early giant in the space, and Amazon look best among...

After a disastrous end to 2018, video game publisher Activision Blizzard, Inc. (NASDAQ: ATVI) shares stabilized in 2019. On Friday, Activision had the attention of several large option traders, and the action was more bullish than bearish. The Trades Benzinga Pro subscribers received seven option...

Last year was a decent year for Nomura’s digital portfolio, one marked by margin expansion and strong top- and bottom-line estimates. However, Nomura expects more turbulence throughout 2020. Analysts Mark Kelley and Andrew Marok lean conservatively on the sector as the Street has, on average...

Netflix Inc (NASDAQ: NFLX) this week reported higher-than-expected subscriber figures in Latin America, but room for more growth in the Asia-Pacific region, Nomura Instinet said. The Analyst Mark Kelley kept a Neutral rating and $330 price target on Netflix. The Thesis Netflix issued an 8-K filing...