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The Latest Breaking News from Bernie McTernan

Needham Expresses Bullishness On US Ride-Share Industry; Uber Remains On Conviction List

Needham analyst Bernie Mcternan forecasted a 24% 3-year CAGR for U.S. ride-share bookings through 2025, down from the 45% CAGR in the three years heading into the pandemic. Company data, industry reports, and a proprietary survey of 500+ U.S. consumers supported the forecast.

Benzinga · Jun 22, 2022

Here's Why Analysts Slashed Price Targets On Fiverr Post Q1

Analysts slashed their price targets on Fiverr International Ltd (NYSE: FVRR)

Benzinga · May 12, 2022

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off.

Benzinga · May 11, 2022

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Why DoorDash Is More Than A COVID Story, Still In Early Innings: 3 Analysts React To Q1 Earnings

Food delivery company DoorDash Inc (NYSE: DASH) reported quarterly earnings Thursday after the market close. Here’s what analysts had to say about the company’s latest earnings report.

Benzinga · May 6, 2022

Lyft Analysts React To Q2 Guidance Miss, Heavy Investments In Lagging Driver Recovery

LYFT Inc (NASDAQ: LYFT) shares plummeted 32% on Wednesday after the company issued second-quarter guidance that came up well short of market expectations.

Benzinga · May 4, 2022

'Pent-Up Demand Driving Strength': Airbnb Analysts React To Q1 Earnings Beat

Airbnb Inc (NASDAQ: ABNB) shares traded higher by 4.9% on Wednesday after the company reported big first-quarter earnings growth and said it expects a sharp rebound in summer travel in 2022 as pandemic headwinds abate.

Benzinga · May 4, 2022

Why Are Upwork Shares Trading Lower Today?

JMP Securities analyst Andrew Boone lowered the price target on Upwork Inc (NASDAQ:UPWK) to $48 from $55 and maintained an Outperform rating on the shares after its in-line Q4 earnings and below-consensus outlook. The analyst mentions that the company is making substantial investments in the business while delaying profitability, now estimating 2022 EBITDA to be…

Benzinga · Feb 11, 2022

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