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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.

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.

Take a read: