Buy! 11 analysts chime in on LinkedIn's Q2 earnings

Rob PriceJul 31, 2015, 18:30 IST

Getty Images/Mandel Ngan

LinkedIn stock has been bouncing around in after-hours trading when, after an initial spike of 14%, it dropped down to almost -5%.

The turbulence came after the professional social networking company reported its Q2 earnings. It beat expectations, with revenue at $712 million versus analyst expectations of $679.80 million, and an non-GAAP EPS of $0.55 versus an estimated $0.33.

But the stock still dipped because, as the Wall Street Journal notes, investors realised some of LinkedIn's unexpected strength came from the acquisition of skills video library lynda.com.

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The price is currently sitting at $227.39.

So what lies ahead for LinkedIn? Business Insider has reviewed research notes from 11 analysts covering the company - and they're overwhelmingly positive. Just one recommended sell, with the majority maintaining an overweight rating on the stock.

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Buy! 11 analysts chime in on LinkedIn's Q2 earnings