All articles tagged with #stock price target
An AI analyst has reduced the price target for BigBear.ai (BBAI) stock despite the company reporting a Q3 earnings beat, indicating cautious outlook despite strong quarterly performance.
H.C. Wainwright raised its price target on Plug Power to $7 from $3, citing rising electricity prices that could make green hydrogen more competitive, alongside recent operational milestones and strategic expansions, despite profitability challenges and trading above fair value.
Morgan Stanley has increased its price target for SOFI stock, citing positive financial outlooks and growth prospects for the company.
Tesla's stock has surged 28% this month, with an analyst raising the price target to $500 due to its leadership in autonomous vehicles and AI, and regulatory approvals for robotaxi testing in Arizona. The company is also preparing for Q3 vehicle delivery reports, with stock performance strong and analysts optimistic about its future growth.
Top analysts at Barclays, Morgan Stanley, JPMorgan, and TD Cowen have raised their price targets for Oracle (ORCL) ahead of its Q1 FY26 earnings report, citing strong momentum in AI infrastructure and cloud services. Wall Street expects Oracle to report a 6.5% increase in EPS to $1.48 and revenue of $15.04 billion. The overall analyst consensus is a Moderate Buy with an average target of $258.43, suggesting a 7.4% upside.
A top Evercore analyst has increased the stock price target for Nvidia (NVDA) ahead of the company's Q2 earnings report, indicating a positive outlook on Nvidia's future performance.
AMD's stock is rising as the company gains momentum in the AI market, with a potential price increase for its AI accelerator indicating strong demand. Wall Street analysts have raised their price targets ahead of AMD's upcoming earnings report, reflecting optimism about the company's growth prospects in AI and data center markets.
Datadog's stock surged nearly 15% after being added to the S&P 500, reflecting increased institutional demand and confidence in its AI-driven monitoring software. Analyst Daniel Ives raised the price target to $170, citing strong momentum in observability and AI initiatives, despite the current average target being slightly lower at $140.46.
Lululemon's stock price dropped nearly 20% after it reported lackluster Q1 results and lowered its full-year guidance due to tariffs and a challenging macro environment, despite some analysts maintaining positive outlooks and noting the company's strong international growth and new product performance.
Jared Cramer considers Wells Fargo's removal of its asset cap a significant milestone and has increased his price target on the stock, highlighting a positive outlook for the bank's future growth.
Nvidia's CEO Jensen Huang expressed frustration over U.S. chip export restrictions to China, which impacted the company's revenue and led to a $4.5 billion charge. Despite geopolitical tensions and policy challenges, Nvidia's stock has performed well, with Bank of America raising its price target to $180 and maintaining a buy rating, citing strong global demand for AI infrastructure and the company's growth prospects.
Analysts have revisited their opinions and updated stock price targets for Google's parent company, Alphabet, amid concerns that artificial intelligence (AI) could reshape the search market. Despite the availability of AI solutions like OpenAI's ChatGPT and Microsoft's Bing, Google's search dominance remains intact, with its market share holding steady at nearly 92%. Analysts at Wedbush Securities believe that fears of a structural shift in search away from Google are overblown and have increased their stock price target for Alphabet to $175, citing ample monetization opportunities from AI and the potential for significant revenue through licensing its AI to other companies, such as Apple.
Micron Technology CEO Sanjay Mehrotra sees the company well-positioned to benefit from the growth of AI, with analysts raising stock price targets ahead of the company's earnings release. The company's mass production of high-bandwidth-memory (HBM) chips for Nvidia's AI GPUs is expected to generate significant revenue, while also addressing environmental concerns by improving performance and reducing power consumption. Analysts anticipate Micron's increased market share in the HBM market, with price targets raised to reflect the company's potential growth and success in the AI sector.
Adobe's stock price took a hit after reporting earnings, with analysts adjusting their price targets due to concerns about the impact of AI on the company's competitive position. Despite disappointing guidance and setbacks such as the failed merger with Figma, some analysts believe the stock's pullback is an overreaction and see potential for long-term growth, especially with the company's upcoming user conference and new product launches. Morningstar affirms Adobe's fair value estimate, citing strong AI adoption and engagement, new product launches, and recent subscriber additions as reasons to believe in the company's second-half story.
Cloudflare's CEO, Matthew Prince, discussed the company's fourth-quarter earnings, highlighting a 32% revenue growth and strong performance milestones. The company's forecast for the first quarter and full year exceeded Wall Street's expectations, leading to several analysts raising their price targets for Cloudflare stock. Analysts from Oppenheimer, TD Cowen, Citi, and Truist all raised their price targets, citing the company's unique cloud platform, accelerating growth, and strong results amid a challenging macroeconomic environment. Cloudflare's focus on cybersecurity and internet security has positioned it well for continued success in a world where cyber threats are on the rise.