We are updating our model to reflect Q2 results. We are raising our price target to $38 to reflect the recent valuation multiple expansion, our rating remains unchanged. We now expect the following results: Q3…

We are updating our model to reflect Q1 results and the sale of the Apps business. Our updated estimates are: Q3 FY25: We expect total company revenue of $1,335m and Adjusted Ebitda of $1,081m. We…

We are updating our estimates following Q2 report. We are lowering our price target to $70 to reflect the current EV/Adjusted Ebitda multiple. We are now modeling Q3 revenue of $717m, Adjusted Ebitda of $277m…

A challenging combination of high expectations at the end of the earnings season and the new CFO announcement. Looks like bulls will have to wait for Q3 results to see their case play out. We…