Latest news with #BrettKnoblauch
Yahoo
4 days ago
- Business
- Yahoo
Core Scientific could get north of $30/share in buyout, says Cantor Fitzgerald
According to a report, CoreWeave (CRWV) is in advanced talks to buy Core Scientific (CORZ), a deal that could be reached in the coming weeks, Cantor Fitzgerald analyst Brett Knoblauch tells investors. The firm says the acquisition makes sense from a pure ROI perspective for CoreWeave, and that if it were to happen, Core Scientific could get north of $30/share when accounting for value of data center infrastructure, but if CoreWeave uses all stock, that could raise the acquisition price. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on CORZ: Disclaimer & DisclosureReport an Issue JPMorgan continues to recommend Riot after Core Scientific report Strategic Acquisition and Capacity Expansion Drive Buy Rating for Core Scientific Inc. M&A News: CoreWeave (CRWV) Is Reportedly in Talks to Acquire Core Scientific Closing Bell Movers: Nike gains 10% on more positive earnings call Core Scientific deal could be at over $30 per share, says Cantor Fitzgerald
Yahoo
20-06-2025
- Business
- Yahoo
Cantor Fitzgerald Reiterates a Buy Rating on Cipher Mining (CIFR)
Cipher Mining Inc (NASDAQ:CIFR) is one of the 13 Crypto Stocks with the Highest Upside Potential. In a report released on June 4, Brett Knoblauch from Cantor Fitzgerald reiterated a Buy rating on Cipher Mining Inc (NASDAQ:CIFR), raising the price target to $6 from $4. The analyst told investors in a research note that Cipher Mining Inc (NASDAQ:CIFR) mined 179 Bitcoin in May, which translates to 5.8 Bitcoin per day. A close-up of a laptop with a Bitcoin ecosystem monitor running in the background. The firm estimated that the company generated around $18.5 million in mining revenue in May, contending that Cipher Mining Inc (NASDAQ:CIFR) is on the path to becoming one of the fastest-growing miners by hash rate capacity this year. Cipher Mining Inc. (NASDAQ:CIFR) develops and operates bitcoin mining data centers. It operates four bitcoin mining data centers in Texas through its subsidiaries, including Cipher Mining Technologies Inc. The company specializes in industrial-scale Bitcoin mining and is dedicated to enhancing and fortifying the critical infrastructure of the Bitcoin network in the US. While we acknowledge the potential of CIFR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
20-06-2025
- Business
- Yahoo
Cantor Fitzgerald Remains Bullish on Hive Digital (HIVE) With a $5 PT
Hive Digital Technologies Ltd. (NASDAQ:HIVE) is one of the 13 Crypto Stocks with the Highest Upside Potential. In a report released on June 6, Brett Knoblauch from Cantor Fitzgerald maintained a Buy rating on Hive Digital Technologies Ltd. (NASDAQ:HIVE) with a price target of $5.00. The same day, the company announced a significant operational milestone, stating that it surpassed 10 exahash per second (EH/s) in global Bitcoin mining capacity, up from 6 EH/s at the end of the March quarter. Hive Digital Technologies Ltd. (NASDAQ:HIVE) also announced that its peak hash rate rose 58% month-over-month from 6.6 EH/s in April to 10.4 EH/s in May. A close-up of hands typing code to facilitate the exchange of Ethereum and Ethereum Classic. This rapid scaling was attributed to the successful energization of the company's 100 MW hydro-powered facility located in Paraguay. The milestone supports Hive Digital Technologies Ltd.'s (NASDAQ:HIVE) global position as a leading energy-efficient and fast-growing Bitcoin miner. It mined 139 Bitcoin in May, averaging 4.5 BTC per day with an average mining efficiency of 8.5 EH/s that attained a peak of 10.4 EH/s. Based in Canada, Hive Digital Technologies Ltd. (NASDAQ:HIVE) is a cryptocurrency mining company focused on sustainable green energy. It operates green energy-powered data center facilities in Iceland, Sweden, and Canada. While we acknowledge the potential of HIVE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
14-06-2025
- Business
- Yahoo
Analysts shows confidence in S&P entrant, raising target by 15%
Analysts shows confidence in S&P entrant, raising target by 15% originally appeared on TheStreet. The analysts at Cantor Fitzgerald have raised their 12-month price target for Coinbase (Nasdaq: COIN) from $253 to $292. Founded in 2012, Coinbase is the largest crypto exchange in the U.S. that went public in April 2021. Last month, it emerged as the first public crypto company to earn a spot on the S&P 500 index. Cantor Fitzgerald analysts led by Brett Knoblauch wrote in a recent note to clients that over the long term, Coinbase's trading activities will allow it to increase its market share and its activities outside of trading will materially alter "how investors view COIN." Though the analysts at Cantor lowered their revenue estimates for the crypto exchange by nearly 4%, they doubled down on an "overweight" rating on COIN. The note also mentions that the analysts don't expect "material upside" from these new products this year, but there could be a "profound" shift in investor perception by the second half of 2026 and into 2027. During the company's 2025 State of Crypto Summit, it announced on 12 June a partnership with Shopify to help merchants accept payments in USDC, a stablecoin issued by Circle (NYSE: CRCL). The service is available to early access merchants at Shopify and will expand to stores across the globe running Shopify Payments later this year. The exchange also launched a credit card the same day. Called the Coinbase One Card, it claims to give users a chance to earn up to 4% in Bitcoin rewards on every purchase. The COIN stock closed at $242.71 on 13 June as the Israel-Iran conflict shook the markets. Analysts shows confidence in S&P entrant, raising target by 15% first appeared on TheStreet on Jun 13, 2025 This story was originally reported by TheStreet on Jun 13, 2025, where it first appeared.
Business Insider
07-06-2025
- Business
- Business Insider
Cantor Fitzgerald Keeps Their Buy Rating on HIVE Digital Technologies (HIVE)
In a report released today, Brett Knoblauch from Cantor Fitzgerald maintained a Buy rating on HIVE Digital Technologies (HIVE – Research Report), with a price target of $5.00. The company's shares closed today at $2.01. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Knoblauch is a 4-star analyst with an average return of 5.3% and a 47.46% success rate. Knoblauch covers the Technology sector, focusing on stocks such as Robinhood Markets, Bitdeer Technologies, and Strategy. Currently, the analyst consensus on HIVE Digital Technologies is a Strong Buy with an average price target of $7.38.
