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Yahoo
43 minutes ago
- Yahoo
Oklo (OKLO) Joins Russell Indexes Enhancing Market Visibility
Oklo has recently experienced significant developments, including its addition to various Russell Indexes and several high-profile collaborations, which have likely played roles in its share price increase of 171% last quarter. The index inclusions enhance market visibility, while partnerships with Hexium and TerraPower position the company at the forefront of nuclear advancement. Additionally, the company's investment in radioisotope production and a $400 million follow-on equity offering underscore its expansion efforts. In the context of a flat market over the past week and an 11% market increase over the year, these actions collectively emphasize Oklo's robust growth trajectory. We've identified 5 warning signs with Oklo (at least 1 which is a bit concerning) and understanding the impact should be part of your investment process. This technology could replace computers: discover the 26 stocks are working to make quantum computing a reality. Over the past year, Oklo's shares have delivered a very large total return of 615.71%, outperforming both the general US market's 11.4% increase and the 17.4% gain within the US Electric Utilities industry. This stark contrast highlights Oklo's remarkable trajectory despite its current financial challenges. The company's recent strategic moves, such as collaborations with Hexium and TerraPower, are crucial in contextualizing its growth prospects. However, with zero revenue and net losses, these initiatives have yet to translate into positive earnings forecasts. Analysts' price targets place Oklo's shares at US$59.74, slightly lower than its current trading price of US$62.41, reflecting market skepticism regarding immediate profitability. Jump into the full analysis health report here for a deeper understanding of Oklo. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include OKLO. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
2 hours ago
- Business Insider
‘Time to Invest in Undervalued AI?' Nebius Stock (NBIS) Soars 17% on Top Analyst's Bullish Call
Nebius Group (NBIS) stock jumped over 17% on Monday. The upside came after a Top-rated Goldman Sachs analyst, Alexander Duval, initiated coverage with a Buy rating and a $68 price target, implying nearly 45% upside. Despite recent gains, Duval believes NBIS stock is undervalued and offers a favorable risk-reward profile, especially as AI infrastructure demand continues to surge. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. NBIS is an AI infrastructure holding company that builds and operates large-scale GPU clusters, an AI-centric cloud platform, and related services. Key Reasons Behind the Bullish Rating Duval sees Nebius as a leader in the AI Neocloud market, a fast-growing niche where companies rent high-performance GPU infrastructure to run generative AI and machine learning tasks. Unlike traditional cloud providers, NBIS offers a full-stack platform that includes orchestration software, elastic server configurations, and scalable storage. This gives it a cost and performance edge over rivals like CoreWeave (CRWV). The four-star analyst believes Nebius is well-positioned to benefit from the surge in demand for specialized GPU capacity, especially as startups and enterprises look for alternatives to big cloud providers like Amazon's (AMZN) AWS and Google Cloud. Duval also highlighted Nebius stock's low valuation, trading at just 3x EV/sales compared to CoreWeave's 5x. Further, he expects a 'supportive catalyst path' over the next 12 months due to new partnerships, expanded data center capacity, and rollout of Nvidia's (NVDA) latest Blackwell chips. Is NBIS a Good Buy? average Nebius stock price target implies a 28.01% upside potential.
Yahoo
9 hours ago
- Yahoo
Which AI Stock, CoreWeave or SoundHound, Is the Better Buy?
An artificial intelligence (AI) revolution is underway, with two companies, CoreWeave, Inc. CRWV and SoundHound AI, Inc. SOUN, well-positioned to ride this technological wave. While CoreWeave's shares have soared more than 220% this year, SoundHound AI's shares surged above 110% in the past year. Therefore, let us take a look at which of these two companies might emerge as the next significant player in AI, and whether you should own the stock now. CoreWeave outperformed the magnificent seven stocks this year, largely due to its close link to NVIDIA Corporation NVDA. CoreWeave's main focus is to provide customers with access to its extensive collection of NVIDIA chips, spread across more than 30 data centers. The demand for NVIDIA's cutting-edge Blackwell chips has exceeded expectations, making investors hopeful about CoreWeave's prospects. Moreover, NVIDIA's 7% stake in CoreWeave indicates that this emerging company is positioned to be a prominent player in the upcoming AI development. CoreWeave faces competition from Microsoft Corporation's MSFT Azure and Inc.'s AMZN Amazon Web Services, as they also supply NVIDIA's products. However, CoreWeave declared that it was the first company to offer NVIDIA's newest chip, Blackwell Ultra, for commercial applications. This has helped position CoreWeave as the top destination for customers seeking quick access to NVIDIA's latest innovations. Despite uncertainties this year, CoreWeave's revenues grew more than 400% in the first quarter, as the company successfully met demand, faced competition, and expanded thanks to significant investments. Its annual revenues soared from $16 million in 2022 to $1.9 billion in 2024. It is expected that revenues will see a CAGR of 105% to $16.6 billion from 2024 to 2027. Most of CoreWeave's expansion relied on large debt offerings. However, insiders bought more shares than they sold in the past year, demonstrating strong confidence that the company can efficiently scale its operations and reduce losses moving forward. Rising customer demand for quick service, along with labor shortages, is prompting restaurants to adopt voice automation. This trend benefits SoundHound AI, which has gained clients like Casey's General Stores, Inc. CASY and Chipotle Mexican Grill, Inc. CMG. Additionally, the popularity of SoundHound AI's voice solutions is growing due to their effectiveness and automation advantages. According to MarketsandMarkets, the conversational AI market is expected to grow from $17.05 billion in 2025 to $49.80 billion by 2031, creating opportunities for SoundHound AI to improve customer acquisition. The $1.2 billion booking backlog for 2024 signals strong long-term revenue growth. Moreover, the total addressable market (TAM) of $140 billion suggests significant potential for further expansion. SoundHound AI also expects revenues this year to range from $157 million to $177 million. This is way more than 2024's $84.7 million revenues (read more: SoundHound AI Vs. Which Stock Is the Better Buy?). CoreWeave, despite being favored in AI infrastructure and backed by NVIDIA, carries significant debt, totaling $8.7 billion as of March 31. Interest payments on this debt accounted for 27% of its first-quarter revenues. Additionally, CoreWeave relies heavily on Microsoft as its main customer, making its growth vulnerable to any shift in Microsoft's business strategy. Hence, CoreWeave's debt load and uncertain business model make investing in the stock risky right now, and cautious investors should avoid the stock. On the other hand, the broad acceptance of SoundHound's voice AI boosted its stock value, encouraging current investors to remain invested due to revenue growth potential. However, it is prudent for new investors to wait until the company becomes profitable before investing in SoundHound AI stock. This is because SoundHound AI experienced losses amounting to $188 million in the past year (read more: Can SoundHound AI Stock Be the Next NVIDIA, and Is It a Buy?). For now, SoundHound AI stock has a Zacks Rank #3 (Hold), whereas CoreWeave has a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report SoundHound AI, Inc. (SOUN) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
