Ultime notizie per MillerKnoll (NASDAQ:MLKN) Azioni

MillerKnoll

MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract , International Contract & Specialty International & Specialty and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.

MillerKnoll Inc

MEDLINK INTL INC A by MedLink International, Inc.

Medlink International Inc

Oppenheimer analyst Chris Kotowski maintains GCM Grosvenor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCMG#NASDAQ">GCMG</a>) with a Outperform and raises the price target from $16 to $17.

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GCMG

Oppenheimer Maintains Outperform on GCM Grosvenor, Raises Price Target to $17

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New FDA Leadership Could Raise The Bar For Drug Approvals

Oppenheimer analyst Mitchel Penn maintains FS KKR Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSK#NYSE">FSK</a>) with a Perform and lowers the price target from $22 to $21.

Oppenheimer Maintains Perform on FS KKR Capital, Lowers Price Target to $21

Needham analyst Ryan MacDonald maintains DocGo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCGO#NASDAQ">DCGO</a>) with a Buy and lowers the price target from $4 to $3.

DCGO

Needham Maintains Buy on DocGo, Lowers Price Target to $3

WIIM

RING

RingCentral shares are trading higher after the company reported better-than-expected Q1 EPS and revenue.

American Healthcare REIT shares are trading higher after the company reported better-than-expected Q1 FFO and revenue.

Oppenheimer analyst Jed Kelly maintains Expedia Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) with a Outperform and lowers the price target from $230 to $210.

EXPE

Oppenheimer Maintains Outperform on Expedia Group, Lowers Price Target to $210

Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) stock was trading higher on Friday after the company reported better-than-expected <a target="_blank" href="https://www.benzinga.com/news/buybacks/25/05/45302278/lyft-shares-drive-higher-after-mixed-q1-report-stock-buyback-program-raised-to-750-million" rel="noreferrer noopener">first-quarter results</a> and announced a $750 million share buyback plan on Thursday.
Quarterly revenue was $1.45 billion,&nbsp;which missed the Street estimate of&nbsp;$1.47 billion. Lyft reported quarterly earnings of&nbsp;one cent per share, which beat the analyst consensus estimate of&nbsp;one cent in losses.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/04/44634129/lyft-downgraded-as-analyst-warns-of-autonomous-vehicle-risk-from-waymo-tesla-competition" rel="noreferrer noopener">Lyft Stock Downgraded On Autonomous Vehicle Risk From Waymo, Tesla Competition</a>
<ul class="wp-block-list">
<li>Needham analyst Bernie McTernan reiterated Lyft with <a href="https://www.benzinga.com/quote/LYFT/analyst-ratings" target="_blank" rel="noreferrer noopener">a Hold rating</a>.</li>
<li>Goldman Sachs analyst Eric Sheridan upgraded the stock rating from Neutral to Buy and increased the price forecast to $20 (from $19).</li>
</ul>
Needham: Lyft is demonstrating strong operational momentum, achieving all-time first-quarter records across key metrics, including active riders, rides, gross bookings, adjusted EBITDA, and free cash flow.
This growth reflects the health of its marketplace, with improving rider frequency, record driver hours, and continued gains in ETA performance, which has improved for 13 consecutive quarters.
Lyft remains focused on innovating, broadening its market reach, and deepening engagement on both sides of the platform. The launch of Lyft Silver aims to capture the growing 65+ demographic, a segment historically underpenetrated in rideshare.
At the same time, the AI-powered Earnings Assistant tool is designed to improve driver productivity and loyalty. Internationally, the planned acquisition of FREENOW positions Lyft to nearly 2 times its TAM by adding a presence in 9 European countries, bringing in an estimated 1 billion euros in gross bookings. In parallel, the company&#8217;s move into autonomous vehicles could help drive long-term efficiency, scale, and margin expansion.
Despite strong top-line and volume growth, gross bookings growth (+13%) is trailing ride growth (+16%), driven by a negative mix shift, and McTernan noted pricing competition with Uber Technologies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>).
Management stated that pricing remains below fourth-quarter levels due to competitive pressure and affordability-focused initiatives like Price Lock, which, while supporting retention, impacts average revenue per ride and unit economics.
McTernan projected second-quarter revenue of $1.54 billion and EPS of $0.07.
Goldman Sachs: In its quarterly earnings report, Lyft framed a few key themes, including continued momentum with double-digit Gross Bookings growth led by rides, adjusted EBITDA once again exceeding the high end of the guide, and increased share repurchase authorization.
Sheridan stated that the opportunity is created by investors&#8217; concern about the bridge between current growth levels and the company&#8217;s growth target laid out at its 2024 Investor Day, fears around potential disruption from Waymo and Uber&#8217;s autonomous vehicles, and debates around pricing.&nbsp;&nbsp;
Sheridan remarked that those concerns were more than already discounted in the stock. While achieving the Investor Day targets will likely be a key determinant of sentiment and valuation levels, his estimates do not reflect the announced acquisition of FREENOW in Europe.
He stated that the AV ridesharing landscape remains very early and that Lyft has a vital role in the broader hybrid/AV ecosystem. The analyst noted lower cost inflation and more moderate pricing trends as a longer-term positive.
Also, execution has been solid at Lyft in recent quarters, and it is said that the North American ridesharing duopoly industry structure supports rational competitive behavior in the years ahead.
Sheridan projected second-quarter revenue of $1.59 billion and EPS of $0.06.
Price Action: LYFT stock is up 23% at $15.98 at last check on Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-ratings/downgrades/25/05/45298819/uber-downgraded-as-analyst-sees-fewer-near-term-catalysts-after-strong-run" target="_blank" rel="noreferrer noopener">Uber Downgraded As Analyst Sees Fewer Near-Term Catalysts After Strong Run</a></li>
</ul>
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Analyst Color

Reiteration

LYFT

UBER

Lyft Is Executing Well But Analysts Caution About Uber And Waymo Competition

MARA

Marathon Digital shares are trading higher despite a Q1 earnings miss.

Needham analyst Mayank Tandon maintains EPAM Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) with a Buy and raises the price target from $185 to $215.

EPAM

Needham Maintains Buy on EPAM Systems, Raises Price Target to $215

Oppenheimer analyst Jeff Jones reiterates Corvus Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRVS#NASDAQ">CRVS</a>) with a Outperform and raises the price target from $15 to $17.

CRVS

Oppenheimer Reiterates Outperform on Corvus Pharma, Raises Price Target to $17

HC Wainwright &amp; Co. analyst Andrew Fein maintains Prothena Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTA#NASDAQ">PRTA</a>) with a Buy and lowers the price target from $48 to $30.

PRTA

HC Wainwright & Co. Maintains Buy on Prothena Corp, Lowers Price Target to $30

Next Technology Holding Inc. - Ordinary Shares

NXTT

Next Technology Shares Halted On Circuit Breaker To The Upside, Stock Now Up 571%

Oppenheimer analyst Kristen Owen reiterates Corteva (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>) with a Outperform and raises the price target from $72 to $75.

CTVA

Oppenheimer Reiterates Outperform on Corteva, Raises Price Target to $75

HC Wainwright &amp; Co. analyst Andrew Fein maintains Alector (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALEC#NASDAQ">ALEC</a>) with a Buy and raises the price target from $7 to $10.

ALEC

HC Wainwright & Co. Maintains Buy on Alector, Raises Price Target to $10

EMBC

Embecta shares are trading lower. The company reported Q2 financial results.

EVCM

EverCommerce shares are trading higher after the company reported better-than-expected Q1 sales results.

HC Wainwright &amp; Co. analyst Heiko Ihle maintains McEwen Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUX#NYSE">MUX</a>) with a Buy and lowers the price target from $18 to $15.5.

HC Wainwright & Co. Maintains Buy on McEwen Mining, Lowers Price Target to $15.5

Ready Capital shares are trading lower after the company reported worse-than-expected Q1 financial results.

TBPH

Theravance Biopharma shares are trading lower after the company reported worse-than-expected Q1 financial results.

Press Releases

MillerKnoll Appoints Three Dynamic New Members to its Board of Directors

MillerKnoll Schedules First Quarter Fiscal Year 2025 Conference Call and Webcast

MillerKnoll Announces New Global Hubs in New York and London

Earnings

MillerKnoll, Inc. Reports First Quarter Fiscal 2025 Results

MillerKnoll Schedules Second Quarter Fiscal Year 2025 Conference Call and Webcast

MillerKnoll, Inc. Reports Second Quarter Fiscal 2025 Results

MillerKnoll Unveils New Sustainability Strategy and Issues 2024 Better World Report

MillerKnoll Schedules Third Quarter Fiscal Year 2025 Conference Call and Webcast

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Ultime notizie per MillerKnoll (NASDAQ:MLKN) Azioni

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