Starbucks Corporation Analysis Chart done on daily timeframe. Starbucks shares cratered last week after the company missed their quarterly earnings expectations, citing a drop in same store sales. Quarterly revenue declined about 1.84% along with net income by 15%, a big blow to the company’s bottom line; however if we zoom out and look at their performance over the last two years, we’ll find that Starbucks actually posted their best years to date in 2022 and 2023. Last year’s revenue reflected 12% YoY growth to $36B, but their numbers still didn’t impress investors enough to hold on to the stock. Starbucks topped out around May of last year and has been selling since, leading up to the 15% earnings drop...
BP Pre-earnings Analysis Chart done on daily timeframe. Investors are awaiting BP’s earnings later this week and nerves are high for the company’s first quarter earnings of the year. BP has disappointed its investors over the last three quarters, missing earnings expectations and declining in YoY revenue. The company longed reaped the benefits of oil demand after the Ukraine-Russia war erupted, but since then, gas prices and demand fell, hurting their revenue and bottomline. Earnings expectations are toned down this quarter so even if they come inline, it likely won’t be enough to move the needle in the short term. In a longer term outlook, BP is actually one of the cheapest names in the energy sectors compared to its...
Marathon Digital Holdings Chart done on daily timeframe. Marathon Digital has taken its investors on a roller coaster ride over the last 12 months with massive price swings from lows of $8 to highs of $34, but this is not unusual behavior for companies involved in the crypto space. The asset technology company focuses on the blockchain ecosystem and generation of digital assets, which ties directly with crypto, making their price susceptible to the crypto market. The rise in Bitcoin since the start of 2024 gave MARA a boost, but their last earnings miss scared investors off the year’s highs. Now they’ll have a chance to potentially impress investors this time around, and since their stock has come down nearly...
Blink Charging Pre-earnings Analysis Chart done on hourly timeframe. Approximately 1.4 million electric vehicles were sold in the United States in 2023 and that number is expected to rise by 20% in 2024, which brings a ton of opportunities for companies involved in the space. Blink is one of those companies who is still making a name for themselves, but have been around for enough years to show their abilities. The company has come a long way in recent years with the rise in EV sales, boosting their revenue from just about 2M in 2017 to more than 140M in 2023, clearly reflecting healthy growth as demand in the industry increases. Unfortunately net income has moved in the wrong direction...
Palantir Technologies Pre-earnings Analysis Chart done on hourly timeframe. Palantir investors are celebrating the company’s first profitable year after 2023 concluded with four consecutive positive net income quarters. Shares of the company are up more than 200% in the last 12 months, clearly reflecting their fundamental growth, but many are questioning their valuation as the company approaches its Q1 earnings report this year. PLTR is once again expected to post revenue growth and a positive net income of .04, up from last quarter’s .03 EPS. This is an easy target for them and we expect them to achieve it with the help of their involvement in artificial intelligence and military contracts. Looking at their valuation in particular, the company’s 50B...
