Benzinga
Search documents
These Analysts Revise Their Forecasts On Wayfair After Q4 Results - Wayfair (NYSE:W)
Benzinga· 2026-02-20 17:20
Wayfair Inc. (NYSE:W) reported upbeat fiscal fourth-quarter 2025 earnings on Thursday.The company reported fourth-quarter adjusted earnings per share of 85 cents, beating the analyst consensus estimate of 66 cents. Quarterly sales of $3.337 billion (+6.9% year over year) outpaced the Street view of $3.301 billion.Active customers totaled 21.3 million as of December 31, 2025, a decrease of 0.5% year over year."We had our third consecutive quarter of new customer growth, on top of healthy growth in repeat ord ...
These Analysts Revise Their Forecasts On Wayfair After Q4 Results
Benzinga· 2026-02-20 17:20
Wayfair Inc. (NYSE:W) reported upbeat fiscal fourth-quarter 2025 earnings on Thursday.The company reported fourth-quarter adjusted earnings per share of 85 cents, beating the analyst consensus estimate of 66 cents. Quarterly sales of $3.337 billion (+6.9% year over year) outpaced the Street view of $3.301 billion.Active customers totaled 21.3 million as of December 31, 2025, a decrease of 0.5% year over year."We had our third consecutive quarter of new customer growth, on top of healthy growth in repeat ord ...
These Analysts Boost Their Forecasts On Deere After Better-Than-Expected Q1 Results - Deere (NYSE:DE)
Benzinga· 2026-02-20 17:15
Core Viewpoint - Deere & Company reported better-than-expected earnings for its first quarter, with EPS of $2.42 surpassing the analyst estimate of $2.06, and worldwide net sales increasing by 13% to $9.611 billion, exceeding the $7.686 billion estimate [1] Group 1: Earnings Performance - The company's EPS of $2.42 beat the analyst estimate of $2.06 [1] - Worldwide net sales and revenues increased by 13% to $9.611 billion, surpassing the estimate of $7.686 billion [1] Group 2: Future Guidance - Deere raised its fiscal 2026 net income guidance to a range of $4.5 billion to $5.0 billion [2] - The company projected Production & Precision Agriculture net sales to decline by 5% to 10%, while Small Agriculture & Turf net sales are expected to rise by about 15%, and Construction & Forestry net sales are also projected to increase by about 15% [2] - Financial Services net income is projected to be approximately $840 million [2] Group 3: Market Reaction - Following the earnings announcement, Deere shares fell by 0.7% to trade at $657.34 [2] - Analysts adjusted their price targets on Deere after the earnings report [2]
These Analysts Boost Their Forecasts On Deere After Better-Than-Expected Q1 Results
Benzinga· 2026-02-20 17:15
Core Insights - Deere & Company reported first-quarter earnings that exceeded expectations, with an EPS of $2.42 compared to the analyst estimate of $2.06 [1] - Worldwide net sales and revenues increased by 13% to $9.611 billion, surpassing the estimated $7.686 billion [1] - The company expressed optimism about recovery in demand within construction and small agriculture segments despite challenges in the global large agriculture industry [1] Financial Guidance - Deere raised its fiscal 2026 net income guidance to a range of $4.5 billion to $5.0 billion [2] - The company projected a decline in Production & Precision Agriculture net sales by 5% to 10%, while Small Agriculture & Turf and Construction & Forestry net sales are expected to increase by about 15% [2] - Financial Services net income is projected to be approximately $840 million [2] Market Reaction - Following the earnings announcement, Deere shares fell by 0.7%, trading at $657.34 [2] - Analysts adjusted their price targets on Deere in response to the earnings report [2]
Praxis Precision Medicine Analysts Raise Their Forecasts After Q4 Results - Praxis Precision Medicine (NASDAQ:PRAX)
Benzinga· 2026-02-20 17:10
Praxis Precision Medicines, Inc. (NASDAQ:PRAX) reported a wider-than-expected loss for the fourth quarter on Thursday.The company posted quarterly losses of $3.50 per share which missed the analyst consensus estimate of losses of $3.08 per share.Praxis Precision Medicine shares fell 0.1% to trade at $303.00 on Friday.These analysts made changes to their price targets on Praxis Precision Medicine following earnings announcement.Wedbush analyst Laura Chico maintained Praxis Precision Medicine with an Underper ...
Praxis Precision Medicine Analysts Raise Their Forecasts After Q4 Results
Benzinga· 2026-02-20 17:10
Praxis Precision Medicines, Inc. (NASDAQ:PRAX) reported a wider-than-expected loss for the fourth quarter on Thursday.The company posted quarterly losses of $3.50 per share which missed the analyst consensus estimate of losses of $3.08 per share.Praxis Precision Medicine shares fell 0.1% to trade at $303.00 on Friday.These analysts made changes to their price targets on Praxis Precision Medicine following earnings announcement.Wedbush analyst Laura Chico maintained Praxis Precision Medicine with an Underper ...
Wendy's Stock Pulls Back Friday After Activist Spark
Benzinga· 2026-02-20 17:09
Core Insights - Wendy's shares have declined significantly due to disappointing 2026 guidance, with projected adjusted EPS of 56 to 60 cents, falling short of the 86-cent consensus, and a forecast of flat global sales [2] - The stock has reached a new 52-week low, reflecting a sharp repricing driven by weak earnings power and modest growth expectations [3] Financial Performance - The company reported a double-digit decline in U.S. same-restaurant sales and shrinking company-operated margins, contributing to investor concerns [2] - Over the past 12 months, shares have decreased by 47.64%, indicating ongoing weakness in the stock [6] Market Sentiment - Trian has suggested that Wendy's shares are undervalued and has proposed potential strategic moves, including acquisitions that could lead to a de-listing of shares [4] - The market has seen a mixed technical outlook, with the stock trading 1.4% above its 20-day simple moving average but 5.5% below its 100-day simple moving average [6] Stock Analysis - The Relative Strength Index (RSI) is at 55.63, indicating a neutral position, while the MACD shows a bullish signal, suggesting mixed momentum in the stock [7] - Key resistance for the stock is identified at $9.00 [7] Recent Price Action - As of the latest publication, Wendy's shares were down 4.93% at $7.91 [8]
Why Are Rackspace Technology Shares Surging Friday? - Rackspace Technology (NASDAQ:RXT)
Benzinga· 2026-02-20 17:06
Rackspace Technology, Inc. (NASDAQ:RXT) is pushing higher on Friday. Nasdaq index is up 0.93% while S&P 500 is up 0.53%.On Wednesday’s the company announced of a strategic partnership with data-giant Palantir Technologies, Inc. (NASDAQ:PLTR) , designed to accelerate deployment of Palantir’s Foundry and Artificial Intelligence Platform (AIP). Under the deal, Rackspace will host Palantir’s software within its Private Cloud and UK Sovereign data centers, targeting highly regulated industries wary of the public ...
These Analysts Increase Their Forecasts On Yeti After Strong Q4 Results
Benzinga· 2026-02-20 17:05
Financial Performance - YETI Holdings reported quarterly earnings of 92 cents per share, exceeding the analyst consensus estimate of 88 cents per share [1] - The company achieved quarterly sales of $583.708 million, surpassing the analyst consensus estimate of $582.455 million [1] - For FY2026, YETI expects adjusted EPS in the range of $2.77-$2.83, compared to market estimates of $2.83 [1] - YETI anticipates sales between $1.980 billion and $2.017 billion, against estimates of $1.975 billion [1] Management Commentary - Matt Reintjes, President and CEO, stated that Q4 was the strongest quarter of the year, highlighting solid demand and effective execution by the teams [2] - The company’s strategy developed over the past few years is reflected in the positive numbers and outlook [2] Stock Performance and Analyst Ratings - Following the earnings announcement, YETI shares rose 0.1% to trade at $47.10 [2] - B. Riley Securities analyst upgraded YETI Holdings from Neutral to Buy, raising the price target from $35 to $54 [3] - Baird analyst maintained an Outperform rating on the stock and increased the price target from $52 to $54 [3]
SolarEdge Stock Is Surging: What's Going On Today?
Benzinga· 2026-02-20 17:02
SolarEdge Technologies stock is surging to new heights today. What’s driving SEDG stock higher?SolarEdge Outperforms Tech Sector With Bullish TrendsToday, SolarEdge Technologies is putting in a strong performance, easily outpacing much of the technology sector, which is up 0.59%. The move also lines up with broader market strength, with both the Nasdaq and S&P 500 trading higher. The stock's momentum appears to be driven by improving technical signals and a renewed wave of bullish sentiment across tech.Sola ...