Recap: Matterport Q2 Earnings
Matterport (NASDAQ:MTTR) reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings Scheduled For August 10, 2022
Companies Reporting Before The Bell
• Wix.com (NASDAQ:WIX) is estimated to report earnings for its second quarter.
Piper Sandler Maintains Overweight on Matterport, Lowers Price Target to $5
Piper Sandler analyst Brent Bracelin maintains Matterport (NASDAQ:MTTR) with a Overweight and lowers the price target from $7 to $5.
Cathie Wood Snaps Up $1M More Of This Self-driving Truck Startup On The Dip
Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving truck startup TuSimple Holdings Inc (NASDAQ: TSP) on the dip, for the fifth time this week.
Cathie Wood’s Ark Is Now Completely Out Of This Entertainment Giant’s Stock
Cathie Wood-led Ark Investment Management shed its remaining exposure in Walt Disney Co (NYSE: DIS) on Friday, a stock the firm first started buying in May of last year.
Guess Adopts Matterport’s Digital Twins To Enhance Retail Experience
Guess? Inc (NYSE:GES) has adopted Matterport Inc’s (NASDAQ:MTTR) digital twins to ensure brand consistency. Guess has used Matterport digital twins or photorealistic digital…
Management of Technology Companies Continue Selling – Zillow (Z)
In a week where we saw most market indices rebound sharply, insiders scaled back their buying after three weeks of elevated buying. Buying declined by 64% in absolute dollar terms and 26% in terms of the number of companies that saw insider buying.
Analyzing Matterport’s Short Interest
Matterport's (NASDAQ:MTTR) short percent of float has fallen 6.41% since its last report. The company recently reported that it has 25.70 million shares sold short, which is 11.82% of all regular shares that are available for trading.
Analyst Ratings for Matterport
Matterport (NASDAQ:MTTR) has observed the following analyst ratings within the last quarter:
Morgan Stanley Maintains Equal-Weight on Matterport, Lowers Price Target to $6
Morgan Stanley analyst Elizabeth Porter maintains Matterport (NASDAQ:MTTR) with a Equal-Weight and lowers the price target from $9 to $6.