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Can Marissa Mayer Turn Yahoo Around?

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    Benchmark Senior Analyst Clayton Moran on how Marissa Mayer will impact Yahoo’s future.

  • Duration 5:21
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OK how about this brand new CE out big name from Silicon Valley tons of headlines.

And Wall Street is pretty much saying -- Certain that it's it's technical term really -- Shares of Yahoo! down slightly just a day after the company made the splashy headline that it was naming its six CEO just five years.

Former Google executive Marisa Mayer is up next it back but will the shake up boost shares in the long run.

Joining us now on the phone from Delray Beach, Florida benchmarks Yahoo! analyst.

Clayton but ran a great to have you you -- you have a hold on the stock seventeen dollar price target.

Change did it all with the naming of Marisa Mayer.

Now we don't see this says any reason to change our outlook on Yahoo!'s stock.

-- coming -- -- -- good higher very experienced obviously many years with global strong product.

Knowledge.

But businesses major challenge and it's gonna take some time before we know where that it is really good higher well this is -- there's not a quick turnaround.

I mean analysts have I don't want to say burn because a lot of you started rolling your eyes for CEOs ago because this company.

Certainly has not had some some real success when it comes to this but.

This leads me to believe whether the board is really the problem how do you see this clay.

Well that's a good point but.

What is good about the situation.

Is that the board has really changed and in.

Big way over the past year.

But a lot of new board members.

The majority is new CEO is new and is this sort of first thing that if you board has done.

So there is some reason for hope.

It's just -- -- what you did such a difficult environment with competition from Google and Yahoo! and others.

That you really need to see some signs of improvement before -- get -- -- a stock.

Listen we all wish her the best of luck because the seventeen year old company is something that we all watched get created if you were watching.

In the financial world back then but up but you look at this higher and you say wait a minute you know Google stock from where she left is actually up today.

And then that the gossip with in Silicon Valley I heard last night from some Silicon Valley CEOs who might call this -- She just get demoted -- wasn't a motive but she was passed down for senior vice president position under Larry page's new.

-- sort of some.

It you know changeover at Google and that makes me wonder wait a minute can -- she really cut the mustard as a pertains to acquisitions.

As it pertains to dealing with a severely demoralized staff.

-- it the big challenge and you know you bring up a good issued as a lot for her to prove.

And and and our first step here we're hearing that she will not beyond the second quarter earnings call this afternoon.

I think that's a mistake I think when you take over as CEO of a high profile company you wanna get on the earnings call introduce yourself to the shareholders.

Explain why you -- on and explain your vision for the company.

So it QB determine whether she's up for this -- You know you just made an excellent point and this is that this makes me wonder whose decision was that really knew she really running the show I mean -- come in there and I would say wait a minute I'm getting out there you know.

Show some guts here and say here's the deal none of these numbers has anything to do with what I did I think people are smarter enough to realize that but.

To get out there and at least half her voice on that -- would've been a Smart move.

Absolutely gut is exactly what Yahoo! indeed they've had not and it over the past decade which -- -- with stagnant beer market share losses.

It looks like they've shown a little -- it got here by hiring somebody was not expected.

Somebody who now wasn't really the mold in terms of media and such but it more Internet product oriented.

So we'd love to see -- there herself -- -- get get on the call and express survey should not be great apparently that's that's not gonna.

-- I don't know if that's the question is she making that decision or some.

Some PR whirlwind swirling around here all right let me get to earnings -- coming out after the bell what are you expecting here.

We're expecting more of that Spain which is no growth.

Market share losses.

And a recurring -- PF number of about 28 that that would be a recurring number can be no charge.

You do have a 52 week that would be of a -- -- -- price target of seventeen dollars a share 52 week 'cause 1679.

Were at around 1560 at the moment.

Thanks for watching it -- -- -- although I don't one more quick question OK so she announced on Twitter.

And she revealed -- to the board that she is pregnant that she's -- I believe around October.

We -- take maternity leave it's a fact of why people shouldn't attack that but it does that change the dynamic a little bit as she steps out for several weeks.

Well it doesn't help Yahoo! I -- Yahoo! is at a critical time here.

Where they need to find a new strategy.

Though to have their new leaders step away.

Could delay things certainly.

Okay we'll watch it -- great to hear your perspective thank you very much.

Thank you clay Moran has benchmarks Yahoo! analyst and he makes an excellent point.

Why wouldn't she be on the call but apparently she's not going to be on the call could change -- after the bell we'll have that the --

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