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Wall Street Analysts Believe Micron (MU) Could Rally 30.04%: Here's is How to Trade
ZACKS· 2025-08-21 14:56
Core Viewpoint - Micron's stock has seen a 6.7% increase over the past four weeks, closing at $117.21, with a potential upside of 30% based on Wall Street analysts' mean price target of $152.42 [1][4]. Price Targets and Estimates - The mean estimate consists of 33 short-term price targets with a standard deviation of $26.08, indicating variability among analysts [2]. - The lowest estimate is $75.00, suggesting a 36% decline from the current price, while the highest estimate is $200.00, indicating a potential surge of 70.6% [2]. - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9]. Earnings Estimates - Analysts are optimistic about Micron's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with near-term stock price movements [11]. - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 3.6%, with seven estimates moving higher and no negative revisions [12]. Zacks Rank - Micron currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13].
Ooma (OOMA) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2025-08-21 14:16
Group 1 - Ooma (OOMA) is expected to report quarterly earnings of $0.20 per share, reflecting a year-over-year increase of 33.3% [1] - Revenues are anticipated to be $65.73 million, which is a 2.5% increase from the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the past 30 days, indicating stability in analysts' projections [1] Group 2 - The consensus estimate for 'Revenue- Product and other' is $4.73 million, showing a change of +3.7% from the prior-year quarter [4] - 'Revenue- Subscription and services' is projected to reach $60.99 million, indicating a change of +2.4% from the previous year [4] - The estimate for 'Core users' is 1.23 million, slightly down from 1.24 million a year ago [4] Group 3 - The 'Net dollar subscription retention rate' is projected to be 99.0%, down from 100.0% in the same quarter last year [5] - Analysts predict 'Annualized exit recurring revenue (AERR)' will reach $242.91 million, compared to $233.00 million in the same quarter of the previous year [5] - Over the past month, Ooma shares have decreased by 6.7%, while the Zacks S&P 500 composite has increased by 1.7% [5]
Wall Street Analysts Predict a 25.38% Upside in Perpetua Resources (PPTA): Here's What You Should Know
ZACKS· 2025-08-19 14:56
Core Viewpoint - Perpetua Resources Corp. (PPTA) shows potential for upside with a mean price target of $22.03, indicating a 25.4% increase from the current price of $17.57 [1] Price Targets and Analyst Consensus - The average price target for PPTA ranges from a low of $17.00 to a high of $30.00, with a standard deviation of $4.99, suggesting variability in analyst estimates [2] - The lowest estimate indicates a potential decline of 3.2%, while the highest suggests a 70.8% upside [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement direction [9] Earnings Estimates and Analyst Optimism - Analysts have shown increasing optimism about PPTA's earnings prospects, with a positive trend in earnings estimate revisions [11] - Over the last 30 days, one estimate has increased, leading to a 7% rise in the Zacks Consensus Estimate [12] - PPTA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are often sought after, they can mislead investors, and reliance solely on them may not yield favorable returns [7][10] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8]
Is It Worth Investing in Robinhood Markets (HOOD) Based on Wall Street's Bullish Views?
ZACKS· 2025-08-18 14:30
Core Viewpoint - Analyst recommendations play a significant role in influencing stock prices, but their reliability is questionable, particularly for Robinhood Markets, Inc. (HOOD) [1][5][10] Group 1: Brokerage Recommendations - Robinhood Markets has an average brokerage recommendation (ABR) of 1.82, indicating a consensus between Strong Buy and Buy, based on 22 brokerage firms [2][14] - Out of the 22 recommendations, 13 are Strong Buy and 2 are Buy, accounting for 59.1% and 9.1% of all recommendations respectively [2] Group 2: Limitations of Brokerage Recommendations - Solely relying on brokerage recommendations for investment decisions may not be advisable, as studies show they often fail to guide investors effectively [5][10] - Analysts from brokerage firms tend to exhibit a strong positive bias due to vested interests, issuing five "Strong Buy" recommendations for every "Strong Sell" [6][10] Group 3: Zacks Rank as an Alternative - The Zacks Rank, which classifies stocks from 1 (Strong Buy) to 5 (Strong Sell), is a more reliable indicator of near-term price performance, driven by earnings estimate revisions [8][11] - The Zacks Rank is updated more frequently than the ABR, reflecting timely changes in earnings estimates and business trends [12] Group 4: Earnings Estimates for Robinhood - The Zacks Consensus Estimate for Robinhood Markets has increased by 16.3% over the past month to $1.52, indicating growing optimism among analysts regarding the company's earnings prospects [13] - The recent change in consensus estimates, along with other factors, has resulted in a Zacks Rank 1 (Strong Buy) for Robinhood Markets, suggesting potential for stock appreciation [14]
Seeking Clues to Nordson (NDSN) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-08-15 14:15
Core Viewpoint - Analysts forecast that Nordson (NDSN) will report quarterly earnings of $2.61 per share, reflecting an 8.3% year-over-year increase, with revenues expected to reach $721 million, a 9% increase compared to the previous year [1]. Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions to the stock, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [2]. Key Metrics Analysis - The average prediction for 'Net Sales- Industrial Precision Solutions' is $337.46 million, indicating a year-over-year decline of 8.9% [4]. - 'Net Sales- Advanced Technology Solutions' is estimated to reach $164.46 million, reflecting a year-over-year increase of 32.3% [4]. - 'Net Sales- Medical and Fluid Solutions' is projected at $214.82 million, showing a year-over-year increase of 28.8% [5]. - 'Operating profit (loss)- Advanced Technology Solutions' is forecasted to be $38.05 million, up from $22.95 million in the same quarter last year [5]. - 'Operating profit (loss)- Medical and Fluid Solutions' is expected to reach $60.76 million, compared to $48.37 million a year ago [6]. - 'Operating profit (loss)- Industrial Precision Solutions' is projected at $112.06 million, down from $118.11 million in the previous year [6]. Stock Performance - Nordson shares have changed by -0.1% in the past month, contrasting with a +3.3% increase in the Zacks S&P 500 composite, indicating that the stock is expected to mirror overall market performance in the near future [6].
Wall Street Analysts Predict a 44.79% Upside in Arcutis Biotherapeutics (ARQT): Here's What You Should Know
ZACKS· 2025-08-14 14:56
Core Viewpoint - Arcutis Biotherapeutics, Inc. (ARQT) shows potential for significant upside, with a mean price target of $22.63 indicating a 44.8% increase from the current price of $15.63 [1] Price Targets - The average price target consists of eight estimates ranging from a low of $18.00 to a high of $29.00, with a standard deviation of $3.25, suggesting variability in analyst predictions [2] - The lowest estimate indicates a 15.2% increase, while the highest suggests an 85.5% upside [2] Analyst Sentiment - Analysts are optimistic about ARQT's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 21.2%, with three estimates moving higher and no negative revisions [12] Zacks Rank - ARQT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are a common metric, they should be approached with skepticism as they may not accurately predict stock price movements [3][10] - Analysts often set optimistic price targets influenced by business relationships, which can lead to inflated estimates [8]
Gear Up for AMC Entertainment (AMC) Q2 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-08-06 14:16
Core Insights - AMC Entertainment is expected to report a quarterly loss of -$0.04 per share, reflecting a year-over-year increase of 90.7% in losses [1] - Revenue projections for AMC are set at $1.35 billion, which represents a 30.8% increase compared to the same quarter last year [1] - Analysts have revised their consensus EPS estimate downward by 255.6% over the past 30 days, indicating a significant reassessment of the company's financial outlook [1] Revenue Estimates - Analysts predict 'Revenues- Food and beverage' will reach $477.15 million, showing a year-over-year change of +30% [3] - The estimated 'Revenues- Other theatre' is projected at $122.88 million, indicating a year-over-year change of +24% [4] - 'Revenues- Admissions' is expected to be $748.23 million, reflecting a change of +32.6% from the prior-year quarter [4] Stock Performance - Over the past month, AMC Entertainment shares have recorded a return of -2.1%, while the Zacks S&P 500 composite has seen a +0.5% change [4] - AMC holds a Zacks Rank 3 (Hold), suggesting that its performance is likely to align with the overall market in the upcoming period [4]
Unveiling Victory Capital (VCTR) Q2 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-08-06 14:16
Core Viewpoint - Victory Capital Holdings (VCTR) is expected to report quarterly earnings of $1.45 per share, reflecting a 10.7% increase year-over-year, with revenues projected at $335.82 million, indicating a 52.9% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.5% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Revenue - Investment management fees' to reach $262.94 million, a 51.9% increase from the previous year [5]. - 'Revenue - Fund administration and distribution fees' is expected to be $72.87 million, reflecting a year-over-year change of 56.9% [5]. Assets Under Management (AUM) - The consensus estimate for 'Ending Assets Under Management' is $298.57 billion, up from $173.78 billion in the same quarter last year [6]. - 'Ending assets under management - Solutions' is projected to reach $79.99 billion, compared to $58.94 billion a year ago [7]. - 'Ending assets under management - U.S. Large Cap Equity' is expected to be $50.78 billion, significantly up from $13.98 billion in the previous year [7]. - 'Ending assets under management - U.S. Mid Cap Equity' is forecasted at $37.49 billion, compared to $31.02 billion last year [8]. - 'Ending assets under management - U.S. Small Cap Equity' is estimated at $18.35 billion, up from $15.18 billion year-over-year [8]. - 'Ending assets under management - Alternative Investments' is expected to be $2.99 billion, down from $3.39 billion last year [9]. - 'Ending assets under management - Fixed Income' is projected at $79.75 billion, a significant increase from $24.40 billion in the same quarter last year [10]. Stock Performance - Victory Capital shares have returned +7.3% over the past month, outperforming the Zacks S&P 500 composite, which changed by +0.5% [10].
Unlocking Q1 Potential of Haemonetics (HAE): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-08-06 14:16
In its upcoming report, Haemonetics (HAE) is predicted by Wall Street analysts to post quarterly earnings of $1.01 per share, reflecting a decline of 1% compared to the same period last year. Revenues are forecasted to be $303.28 million, representing a year-over-year decrease of 9.8%. Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial f ...
Stay Ahead of the Game With Plug Power (PLUG) Q2 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2025-08-06 14:16
Core Insights - Plug Power (PLUG) is expected to report a quarterly loss of -$0.15 per share, reflecting a 58.3% increase in losses compared to the same period last year [1] - Analysts forecast revenues of $151.2 million, indicating a year-over-year increase of 5.5% [1] - The consensus EPS estimate has been revised upward by 0.9% over the past 30 days, showing analysts' reappraisal of projections [1] Revenue Estimates - Analysts project 'Net revenue- Sales of equipment, related infrastructure and other' to reach $87.53 million, a 14% increase from the previous year [4] - The estimate for 'Net revenue- Services performed on fuel cell systems and related infrastructure' is expected to be $13.66 million, reflecting a 4.8% increase year over year [4] - 'Net revenue- Power purchase agreements' is estimated at $18.91 million, suggesting a decline of 3.9% compared to the prior year [5] - The consensus for 'Net revenue- Fuel delivered to customers and related equipment' stands at $30.69 million, indicating a 2.7% year-over-year increase [5] - Analysts estimate 'Net revenue- Other' at $2.91 million, reflecting a significant decline of 26.6% year over year [5] Stock Performance - Over the past month, Plug Power shares have increased by 8.5%, outperforming the Zacks S&P 500 composite, which saw a 0.5% change [6] - Plug Power holds a Zacks Rank of 3 (Hold), suggesting that its performance is expected to align with the overall market in the near term [6]