Yahoo Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Needham & Company Reiterates Buy on Yahoo! (YHOO) Following 2Q Earnings
July 19, 2016 9:46 AM EDTNeedham & Company reiterated a Buy rating and $40.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. net revenue fell by 19%, while EPS fell 43%. Guidance for 3Q16 is for revenue of $840-$880mm and Adjusted EBITDA of $190-$220mm.
Analyst... More
Susquehanna Maintains Bullish Yahoo! (YHOO) View Following Q2 and Into Core Sale
July 19, 2016 8:48 AM EDTSusquehanna analyst Shyam Patil retained a Positive rating and $44 price target on Yahoo! (NASDAQ: YHOO) following results as the sales process for the core appears in progress.
Patil commented, "We are positive on the SOTP story, as managements commentary seems... More
Macquarie Reiterates Outperform on Yahoo! (YHOO) Following 2Q Results
July 19, 2016 8:27 AM EDTMacquarie reiterated an Outperform rating and $36.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. Results were in-line with expectations. However, costs came in better that expected as the company now has 8,800 employees, down from almost 11,000 a year ago.
Analyst Ben Schachter... More
Yahoo! (YHOO) PT Bumped to $43 at UBS
July 19, 2016 8:25 AM EDTUBS analyst Eric Sheridan reiterated a Buy rating and bumped his price target on Yahoo! (NASDAQ: YHOO) to $43.00 (from $42.00) following Q2 results and the awaited strategic alternatives update.
Sheridan commented, "In Q2, Yahoo continued to progress against its 2016 plan to focus... More
BMO Capital Raises Price Target on Yahoo! (YHOO) to $39 Following In-Line 2Q
July 19, 2016 8:03 AM EDTBMO Capital reiterated a Market Perform rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $39.00 (from $38.00), following the company's 2Q earnings report. YHOO reported $841mm, in-line with the Street's estimates. Non-GAAP EPS of $0.09 was $0.01 below the Streets estimate.
Analyst Daniel... More
Pivotal Research Downgrades Yahoo! (YHOO) to Hold
July 19, 2016 7:07 AM EDTPivotal Research downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold with a price target of $41 (unchanged). Analyst Brian Wieser noted the stock is only 8% under his price target.
"Yahoo hosted its 2Q16 quarterly results call on Tuesday which featured relatively little... More
Mizuho Securities Remains Sidelined on Yahoo! (YHOO) Following 2Q Report
July 19, 2016 7:00 AM EDTMizuho Securities reiterated a Neutral rating and $38.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. Yahoo reported 2Q net revenue of $841m, in line with the Street's expectations. Non-GAAP EPS of $0.09 was a penny below the Street's $0.10.
Analyst Neil... More
