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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.

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

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

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

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

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.

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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.

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.

'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.

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…

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