FMP

FMP

Blogs by Davit Kirakosyan

Aug 22, 2025 9:29 AM - davit kirakosyan

Intuit Shares Drop 5% Despite Q4 Beat As FY26 Outlook Disappoints

Intuit Inc. (NASDAQ:INTU) posted fourth-quarter results that topped Wall Street expectations, but shares fell more than 5% in premarket trade Friday after the company issued a fiscal 2026 outlook that failed to impress some investors. Analysts pointed to slowing momentum in the company’s Global Busi...

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Aug 22, 2025 9:25 AM - davit kirakosyan

Ross Stores Shares Edge Higher After Q2 Beat And Full-Year Guidance

Ross Stores Inc. (NASDAQ:ROST) reported second-quarter earnings that exceeded Wall Street expectations despite tariff-related costs, while projecting steady sales growth in the second half of the year. Shares rose about 2% in premarket trading Friday. The discount retailer posted earnings of $1.5...

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Aug 22, 2025 9:24 AM - davit kirakosyan

Workday Shares Fall 4% As Strong Q2 Results Overshadowed By Weak Outlook

Workday Inc. (NASDAQ:WDAY) reported second-quarter earnings and revenue above expectations, but shares fell more than 4% in premarket trade Friday after the company issued a softer revenue forecast for the current quarter and full year. The enterprise software maker posted earnings of $2.21 per s...

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Aug 22, 2025 9:23 AM - davit kirakosyan

Zoom Lifts Full-Year Outlook After Q2 Beat, Shares Jump 5%

Zoom Video Communications Inc. (NASDAQ:ZM) raised its full-year earnings guidance after delivering second-quarter results that exceeded Wall Street expectations, driven by strong enterprise demand and efforts to reduce online churn. Shares climbed more than 5% in premarket trade Friday. For the q...

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Aug 22, 2025 9:22 AM - davit kirakosyan

BofA Raises Altria Price Target To $72, Maintains Buy Rating

BofA Securities lifted its price target on Altria Group Inc. (NYSE:MO) to $72 from $64 while reiterating a Buy rating, citing favorable regulatory and political developments along with resilient earnings performance. The brokerage highlighted that tobacco and nicotine stocks have outperformed thi...

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Aug 22, 2025 9:21 AM - davit kirakosyan

Stifel Lifts McDonald’s Price Target To $315, Keeps Hold Rating

Stifel raised its price target on McDonald’s Corp. (NYSE:MCD) to $315 from $300 while maintaining a Hold rating, following reports the fast-food giant has reached a deal with franchisees to lower prices on certain combo meals. According to the Wall Street Journal, the agreement will reduce prices...

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Aug 21, 2025 12:41 PM - davit kirakosyan

Walmart Shares Fall As Q2 Earnings Miss But Revenue Beats; Outlook Raised

Walmart Inc. (NYSE:WMT) reported mixed second-quarter results on Thursday, with revenue topping expectations while earnings came in below estimates. The retailer also raised its full-year sales and earnings forecast, signaling confidence in its growth despite near-term headwinds. Adjusted earning...

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Aug 21, 2025 12:40 PM - davit kirakosyan

Coty Shares Plunge 21% As Quarterly Loss And Weak Outlook Rattle Investors

Coty Inc. (NYSE:COTY) shares dropped more than 21% on Thursday after the beauty company posted a surprise fourth-quarter loss and warned of sales and profit declines in the first half of fiscal 2026 before a recovery later in the year. The company reported a loss of 5 cents per share, compared wi...

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Aug 21, 2025 12:39 PM - davit kirakosyan

UBS Lifts NVIDIA Price Target Ahead Of Q2 Earnings On Data Center Strength

UBS raised its price target on NVIDIA Corp. (NASDAQ:NVDA) to $205 from $175 while maintaining a Buy rating, citing expectations for strong data center revenue ahead of the company’s second-quarter results on August 27. The brokerage said it sees fiscal Q2 revenue around $46 billion, roughly a $1 ...

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Aug 21, 2025 12:39 PM - davit kirakosyan

Needham Upgrades Upland Software To Buy, Citing Stabilization And Cash Flow Visibility

Needham upgraded Upland Software Inc. (NASDAQ:UPLD) from Hold to Buy with a $4.50 price target, highlighting improving fundamentals and cash flow clarity. The firm said it made the upgrade after investor meetings with CFO Mike Hill, noting that Upland has streamlined its product portfolio, reinst...

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