All articles tagged with #analyst rating
Alphabet (GOOGL) receives a street-high price target of $390 from Canaccord's Maria Ripps, driven by Gemini AI integration and accelerated AI-driven growth in search, ads, and cloud. With 26 other analysts bullish and a Strong Buy consensus, the stock offers upside of about 19%, though near-term risks include cloud compute constraints and potential volatility that could test expectations.
Tesla's stock received upgrades from Baird and Goldman Sachs, with Baird raising its price target to $548 citing a 'physical AI inflection' and Goldman Sachs increasing its target to $395, driven by strong vehicle deliveries and expansion of robo-taxi services. Despite recent struggles, Tesla's shares have gained significantly over the past year, supported by positive analyst outlooks and strategic developments in AI and autonomous driving.
UnitedHealth's stock has fallen about 40% this year due to various challenges, including regulatory investigations and margin pressures, leading to a historically low valuation. However, analyst KeyBanc suggests the stock has overshot to the downside and presents a compelling buying opportunity, with a potential 31% upside over the next year, as the company is expected to recover and improve margins in 2026.
AMC Entertainment stock is up nearly 20% over the past five days, driven by retail investor interest and heavy trading volume. Despite improving box office trends, Wedbush analyst Alicia Reese maintained a Neutral rating on the stock, citing concerns about the company's heavy debt load. AMC shares are currently trading below the 50-day moving average and 16.11% of shares are being sold short.
Analysts at Mizuho Securities initiated coverage of DraftKings stock with a "buy" rating and a $58 price target, citing the company's leading position in the North American online sports betting market and improving earnings. While the stock trades at an expensive valuation, the company's ability to control operating expenses and leverage in-house developed games and content could lead to higher profits. Patient investors may see new highs for the stock, but potential investors should consider other stock options identified by The Motley Fool Stock Advisor team.
As AMD's earnings report approaches, Raymond James analyst Srini Pajjuri has downgraded his rating on the stock from "strong buy" to "outperform," citing elevated AI revenue expectations and a modest price target increase. Pajjuri highlighted AMD's traction in the AI market with major cloud customers but expressed caution about the company's potential share gain and stock multiple compression. He believes AMD's AI GPUs will need to contribute significantly to earnings to justify the stock's current valuation, especially in comparison to market leader Nvidia.
AMD's stock has surged nearly 130% in 2023 due to high demand for its AI-oriented GPUs, leading to uncertainty among analysts about its future trajectory. Northland Capital Markets analyst Gus Richard downgraded the stock to a "heck if we know" rating, citing irrational exuberance and distorted demand signals in the AI chip market. He predicts total AI chip revenue of $125 billion in 2027, but believes that investor expectations are overly optimistic. Despite the surge, AMD shares fell about 3.5% to $168.17 as of Monday afternoon.
Fisker Inc's stock fell below $1 after losing its most bullish analyst, who cited the company's "unanticipated growing pains" and concerns about delivery consistency, distribution strategy shift, and an NHTSA probe into the Ocean's braking performance. The analyst downgraded the stock to market perform with a price target of $1, the lowest among surveyed analysts. Fisker's shares tumbled amid reports of the NHTSA probe and concerns about delivery delays, regulatory approvals, and margin pressure due to a new dealer-partnership business model. The stock has plummeted 85.4% over the past three months, while the Global X Autonomous & Electric Vehicles ETF has slipped 3.4% and the S&P 500 index has gained 8% in that time.
Wedbush analyst upgrades CarMax's stock to Outperform, citing factors that are expected to increase the company's gross profit per unit throughout the fiscal year. The upgrade comes ahead of CarMax's second-quarter earnings results for fiscal 2024.
Citigroup has initiated coverage of Apple Inc. with a buy rating and a $240 price target, stating that the stock has the potential to rally another 30%. The analyst believes that the market is underestimating Apple's potential for continued gross margin expansion, driven by higher-end iPhones and market share gains in China and India. Despite already rising 46% this year and approaching a $3 trillion market capitalization, 68% of firms recommend buying Apple, according to Bloomberg.
Palantir's strong position in artificial intelligence has made finding a catalyst for its high-flying shares more challenging, according to an analyst. Raymond James' Brian Gesuale downgraded Palantir's stock to outperform from strong buy, citing the recent run in shares coupled with a premium valuation. However, he remained upbeat about the company's ability to capitalize on the rush of interest around AI and lifted his price target on the stock to $18 from $15. Palantir could see 40 customer additions for its AI platform this year, followed by at least 90 in each of the next two years, by his math.