Analysts Back Snap and Netflix, Flag Upwork's 8.8% Sales Drop
Updated
Updated · Yahoo Finance · Sep 15
Analysts Back Snap and Netflix, Flag Upwork's 8.8% Sales Drop
2 articles · Updated · Yahoo Finance · Sep 15
Summary
Upwork drew the bearish call as analysts cited just 6.6% annual revenue growth over three years and an expected 8.8% sales decline in the next 12 months.
Snap made the buy list on improving profitability: its EBITDA margin reached 13.2%, earnings per share grew 36.4% annually, and free cash flow margin rose 9.3 percentage points.
Netflix was also favored, with paid memberships growing 15.1% annually, a 31.2% EBITDA margin, and 50% annual EPS growth over the past three years.
The calls come as consumer internet stocks gained 14% over the past six months, matching the S&P 500, while analysts warned winner-take-all strategies can still produce steep losses.