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GME

GameStop

$18.93

-2.851 (-13.09%)

, NTDOY

Nintendo

11:19
08/25/17
08/25
11:19
08/25/17
11:19

GameStop CEO sees 'tremendous demand' for future Switch products

Speaking on CNBC, GameStop (GME) CEO J. Paul Raines said that the strength of the Nintendo (NTDOY) Switch indicates that there's still a place for console gaming. Raines noted that the Switch has a 5-to-1 attach ratio and that there's "tremendous demand" for future Switch products. Raines added that he's "very bullish" on the company's prospects with the Switch and the iPhone 8 (AAPL).

GME

GameStop

$18.93

-2.851 (-13.09%)

NTDOY

Nintendo

AAPL

Apple

$159.27

-0.71 (-0.44%)

  • 05

    Sep

GME GameStop
$18.93

-2.851 (-13.09%)

08/25/17
RHCO
08/25/17
NO CHANGE
RHCO
GameStop Q2 EPS miss unimportant, says SunTrust
SunTrust analyst David Magee says he "would downplay" Gamestop's Q2 EPS miss, as he notes that Q2 is the company's weakest quarter from a seasonal perspective. The analyst thinks that the company will report "strong" 2H17 results, and he says that its cash flow is "strong," while its valuation is "low." He keeps a a Buy rating on the shares.
08/23/17
BARD
08/23/17
NO CHANGE
Target $24
BARD
Outperform
GameStop should report in-line Q2 results, says Baird
Baird analyst Colin Sebastian said third party data shows stable selling trends for software sales and positive momentum for the Nintendo Switch, which points toward in-line Q2 results for GameStop (GME). Adding that overall industry selling trends appear little changed since May, Sebastian maintained his Outperform rating and $24 price target on GameStop shares.
08/25/17
BARD
08/25/17
NO CHANGE
Target $21
BARD
Outperform
GameStop results inline but margin a bit light, says Baird
Baird analyst Colin Sebastian noted GameStop (GME) reported Q2 results inline with his expectations but said gross margins came in a bit light. He noted the results were generally driven by the Nintendo (NTDOY) Switch product. Looking ahead, the company should benefit from seasonal category strength, an ongoing hardware ramp, and improving pre-owned and tech brand trends, said Sebastian, who maintained his Outperform rating and $21 price target on GameStop shares.
08/21/17
PIPR
08/21/17
NO CHANGE
PIPR
Overweight
Piper says video game industry could be '100% digital' in six years or less
Piper Jaffray analyst Michael Olson said comments from video game publishers and others in the industry lead him to the "best guess" that all video game purchases will be digital in about 6 years, or possibly sooner if the market spikes to 100% more quickly after reaching "critical mass" in a few years. Game publishers, including Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two (TTWO), will benefit from margin expansion as the industry approaches 100% digital, added Olson, who keeps Overweight ratings on all three game makers' shares. Another company often cited as being impacted by the industry's move to digital game downloads is retailer GameStop (GME).
NTDOY Nintendo

06/27/17
CHLM
06/27/17
NO CHANGE
Target $17
CHLM
Buy
Craig-Hallum predicts 'strong beat and raise' coming from Cypress Semi
Craig-Hallum analyst Anthony Stoss believes Cypress Semiconductor can hit the $545M midpoint of its Q2 guidance on $20M in incremental Nintendo (NTDOY) Switch revenues alone even if the rest of its business if sequentially flat and he predicts it will "handily beat" the consensus revenue estimate of $546M. He raised his estimates for the June and September end quarters for both revenue and EPS and reiterates a Buy rating and $17 price target on Cypress Semi shares.
07/18/17
PIPR
07/18/17
NO CHANGE
PIPR
June NPD video game software sales dropped 5%, says Piper Jaffray
Piper Jaffray analyst Michael Olson says June NPD video game software sales were down 5% year-over-year due to a tough compare with Activision Blizzard's (ATVI) Overwatch the prior year. Top titles for June included Nintendo's (NTDOY) ARMS and Tekken 7 from Bandai Namco, Olson tells investors in a research note. He notes that for the June quarter, Activision results are down 42% and Take-Two (TTWO) NPD results are down 12% relative to his expectations for down 33% and down 3%, respectively. He remains comfortable with his estimates, however, and keeps Overweight ratings on Activision, Electronic Arts (EA) and Take-Two.
08/11/17
PIPR
08/11/17
NO CHANGE
PIPR
July NPD video game software sales rose 18%, says Piper Jaffray
Piper Jaffray analyst Michael Olson says July NPD video game software sales were up 18% year-over-year, driven by ongoing strength from Nintendo (NTDOY), which had three of the top five titles for the month. The numbers bode well for Activision Blizzard (ATVI) and Take-Two (TTWO), Olson tells investors in a research note. He keeps Overweight ratings on the those two as well as Electronic Arts (EA).
AAPL Apple
$159.27

-0.71 (-0.44%)

08/23/17
ADAM
08/23/17
NO CHANGE
Target $180
ADAM
Buy
Apple seeing steady iPhone sales ahead of September launch, says Canaccord
Canaccord analyst T. Michael Walkley said his recent survey indicates iPhone sales remain resilient and he believes consumer enthusiasm for new iPhone products is greater than last year. As sales remain steady heading into the September launch, he anticipates a strong 2018 upgrade cycle to drive record earnings. Walkley reiterated his Buy rating and $180 price target on Apple shares.
08/22/17
OPCO
08/22/17
NO CHANGE
Target $35
OPCO
Underperform
Synaptics price target lowered to $35 from $45 at Oppenheimer
Oppenheimer analyst Andrew Uerkwitz lowered his price target for Synaptics (SYNA) to $35 from $45, citing his bearish outlook on the company's fingerprint and DDIC business. The analyst's model implies "significant" fingerprint revenue loss from Samsung (SSNLF) and ongoing decline of DDIC revenues from Apple (AAPL). Meanwhile, Uerkwitz believes its new products such as optical fingerprint sensor and OLED DDIC are unlikely to offset the decline until after FY19. He reiterates an Underperform rating on Synaptics' shares.
08/23/17
BOFA
08/23/17
NO CHANGE
Target $180
BOFA
Buy
Apple 2019 estimates 'just too low,' says BofA/Merrill
BofA Merrill Lynch analyst Wamsi Mohan predicts that the blended average selling price of the iPhone will grow from year-to-year just from the impact of mix even if there are no further price increases for the phones to be released in 2018 and in 2019. Given his view that the two-year runway for iPhone price is underappreciated, Mohan contends that calendar year 2019 estimates for Apple are "just too low." He keeps a Buy rating and $180 price target on Apple shares.
08/23/17
ADAM
08/23/17
NO CHANGE
Target $300
ADAM
Buy
Broadcom price target raised to $300 from $272 at Canaccord
Canaccord analyst T. Michael Walkley raised his price target on Broadcom to $300 from $272 ahead of Q3 earnings. The analyst said Broadcom is potentially increasing its iPhone platform content by as much as 40%. Steady iPhone sales ahead of its September launch and the anticipation of a strong 2018 upgrade cycle will drive Broadcom to record earnings, said Walkley, who reiterated his Buy rating on the shares.

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PEP

PepsiCo

$108.00

-1.48 (-1.35%)

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EVBG

Everbridge

$33.17

-0.41 (-1.22%)

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HASI

Hannon Armstrong

$20.77

-0.22 (-1.05%)

07:55
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WDAY

Workday

$125.67

-0.35 (-0.28%)

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NFX

Newfield Exploration

$23.20

-2.53 (-9.83%)

07:54
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Upgrade
Newfield Exploration rating change  »

Newfield Exploration…

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  • 28

    Feb

CNP

CenterPoint Energy

$26.23

-0.5 (-1.87%)

07:54
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Hot Stocks
CenterPoint targets FY18 Energy Services operating income $55M-$65M »

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  • 22

    Feb

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    Apr

07:54
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Conference/Events
CFA Society of Milwaukee to hold a luncheon discussion »

Bill Stone, CMT of PNC…

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Conference/Events
STAT Plus to hold webinar »

STAT Senior Science…

AAOI

Applied Optoelectronics

$34.55

1.22 (3.66%)

07:51
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  • 13

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Futures pointing to higher open »

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The FCC to hold a commission meeting »

Open Commission Meeting…

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Federal Reserve Bank of New York President speaks at press briefing »

New York Federal Reserve…

STMP

Stamps.com

$184.95

-5.1 (-2.68%)

07:49
02/22/18
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  • 26

    Feb

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  • 23

    May

LNKD

Acquired by MSFT

07:48
02/22/18
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Conference/Events
Detroit Economic Club to hold a breakfast meeting »

Brenda Meller, Owner and…

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  • 22

    Feb

MCS

Marcus

$26.10

1 (3.98%)

07:48
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Earnings
Marcus reports Q4 EPS $1.21, consensus 38c »

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  • 22

    Feb

  • 23

    May

PHX

Panhandle Oil & Gas

07:47
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Initiation
Panhandle Oil & Gas initiated  »

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  • 07

    Mar

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    Mar

CRM

Salesforce

$114.48

0.13 (0.11%)

07:47
02/22/18
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Salesforce analyst commentary  »

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  • 26

    Feb

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    Feb

  • 28

    Feb

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Conference/Events
FDA to co-host a workshop »

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MLNX

Mellanox

07:44
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Mellanox analyst commentary  »

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  • 26

    Feb

RDHL

RedHill Biopharma

$6.26

0.05 (0.81%)

07:44
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RedHill Biopharma reports Q4 EPS (26c), consensus (60c) »

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  • 22

    Feb

  • 11

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JPMorgan to hold a conference »

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HSC

Harsco

$16.75

0.45 (2.76%)

07:42
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Breaking Earnings news story on Harsco »

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  • 22

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ROKU

Roku

$51.10

-0.08 (-0.16%)

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