Netflix Stock Valuations Seem Attractive Amidst Growth Deceleration Concerns Wells Fargo downgraded Netflix to "Underweight." Why, and how should you play NFLX here? Barchart · Sep 22
Wells Fargo Just Downgraded Netflix Stock. Here's Why. Wells Fargo cautions against betting on a swift recovery in Netflix stock. Here’s why analyst Steven Cahall is bearish on NFLX shares. Barchart · Sep 18
Disney Q3 Preview: Stock Priced for More Pain, But 'Doomsday' Is Coming (And That's A Good Thing) Media giant Walt Disney Co (NYSE:DIS) looks to provide optimism for investors when the company reports third-quarter financial results Wednesday before the market opens. Benzinga · Aug 4
AMC Stock Falls 15% On Scary 2024 Revenue Forecast Lower advertising, affiliate revenue ahead, to be partly offset by gains in streaming Broadcasting & Cable · Feb 9, 2024
New Sports Streaming JV Will Cost Around $40 a Month, Disney Will Control Half of the Economics, Analyst Predicts (Charts of the Day) Under pay TV's New World Order, sports lovers will pay around $60 a month for a bundle of the new Disney/WBD/Fox platform, Peacock and Paramount Plus, Wells Fargo's Steven Cahall forecasts Broadcasting & Cable · Feb 7, 2024
Analyst: Byron Allen’s Plan To Buy Paramount, Keep Linear and Sell Studio Increases Chances of a Deal $30 billion offer pushes Paramount B shares up 12% Multichannel News · Jan 31, 2024
Netflix-WWE Deal Could Pump Up Streamer’s Advertising Business: Analyst Wrestling could generate $260 million in revenue, Wells Fargo's Steven Cahall estimates Broadcasting & Cable · Jan 23, 2024
Paramount Stock Gains on New Report of BET Buyout Analyst raises chance of someone buying control of Paramount to 50% Multichannel News · Dec 20, 2023
B+C Station Awards 2023: Adam Symson Keeps Scripps Focused on the Future Journalist-turned-executive finds station group new opportunities in national networks and sports, earning the nod as ‘B+C’ Broadcaster of the Year Multichannel News · Dec 19, 2023
Paramount Global Stock Jumps on Report of Possible Buyout Deal is a ‘decent possibility,’ analyst says Broadcasting & Cable · Dec 8, 2023
Q3 Streaming Revenues Grew 4% From Prior Quarter to $16.7 Billion, Wells Fargo Reports Analyst Steven Cahall expects revenues exerted to hit $76.9 billion by 2024 Broadcasting & Cable · Nov 22, 2023
Nexstar, Sinclair and Other Big Station Groups Face Major Exposure as Dwindling U.S. Pay TV Biz Is Increasingly vMVPD-Controlled Virtual pay TV companies now control more than 20% of U.S. pay TV. And since they're not beholden to traditional broadcast retransmission rules, that's bad news for station groups Multichannel News · Nov 17, 2023
Cord-Cutting To Hit 8.1% in 2023: Analyst Loss of subs could drive M&A activity, Wells Fargo’s Steven Cahall says Broadcasting & Cable · Aug 21, 2023
Non-Sports Linear Ad Volume Seen Dropping 5% in Upfront Prices are down for first time outside recessions, COVID-19 Broadcasting & Cable · Jul 13, 2023
Multichannel News · Jul 10, 2023 Analyst Downgrades Fox Corp. as Fox News Viewership Falls Cord-cutting eats into distribution revenue
Broadcasting & Cable · May 5, 2023 Paramount Takes Its Lumps From Wall Street Analysts Stock falls amid lower dividend, questions about streaming strategy
StockNews.com · Jan 9, 2023 1 Entertainment Stock You'll Want to Buy in 2023 Cable and media giant Comcast Corporation (CMCSA) announced better-than-expected earnings and revenue despite the macroeconomic headwinds. The company is confident of achieving further growth despite the potential macroeconomic challenges this year. Analysts have upgraded the stock recently. Thus, it could be wise to buy the stock now. Read more….
Benzinga · Aug 11, 2022 Disney Shares Have Underperformed, Business Has Outperformed: Why Analysts Remain Bullish On House Of Mouse And Disney+ Growth The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS)
Benzinga · Jul 20, 2022 8 Netflix Analysts React To Q2 Earnings Beat, Subscriber Guidance, Ad-Supported Tier Netflix, Inc. (NASDAQ: NFLX) shares gained 7.1% on Wednesday after the company reported better-than-expected subscriber losses in the second quarter and detailed plans to launch a new, low-cost, ad-supported subscription tier.
Benzinga · Jun 16, 2022 Spotify Slows Down On Hiring Amid Macro Uncertainties Spotify Technology S.A. (NYSE:SPOT) slowed hiring by 25%, CNBC reports based on a companywide email from CEO Daniel Ek. However, he added the company would “continue to still hire and grow, we are just going to slow that pace and be a bit more prudent with the absolute level of new hires over…
Benzinga · Jun 15, 2022 Wells Fargo Changes Its Stance and Re-rates Spotify: Find Out Why Wells Fargo analyst Steven Cahall upgraded Spotify Technology S.A. (NYSE:SPOT) from Underweight to Equal-Weight. He raised the price target from $101 to $124. Following its June 2022 investor day, Cahall gained more compelling insights into SPOT's operating leverage. Cahall noted the company's belief in accomplishing an operating margin of ~10% in ~5 years, as gross…
Benzinga · May 24, 2022 A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter.
Benzinga · May 12, 2022 7 Walt Disney Analysts React To Q2 Earnings Miss, Subscriber Beat, Ongoing Asia Weakness Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business.
Tribune News Service · May 4, 2022 Sinclair Broadcast reports massive profit as it ‘deconsolidated’ local sports networks from its books Sinclair Broadcast Group said it earned $2.59 billion — yes, with a B — in the first quarter as it “deconsolidated” its local sports segment from its financial statements.
Benzinga · Mar 31, 2022 Disney's Park Segment Continue To Win Analyst Confidence Goldman Sachs analyst Brett Feldman maintained a Buy rating on The Walt Disney Co (NYSE:DIS) after attending the company's Disney Parks Investor Experience at Walt Disney World in Orlando. Feldman's conviction in the firm's outlook has increased following the event. The analyst notes that the new reservation system and Genie app provide new insights with…