Latest news with #Cortex
Business Wire
6 days ago
- Business
- Business Wire
Beck Technology and Eos Group Announce Strategic Partnership to Advance Enterprise-Level Preconstruction Innovation
DALLAS--(BUSINESS WIRE)-- Beck Technology, creator of DESTINI ® Estimator, and Eos Group, a leading preconstruction systems integrator, are proud to announce a strategic partnership that brings unprecedented integration, intelligence, and innovation to preconstruction teams across the architecture, engineering, and construction (AEC) industry. This partnership allows customers to unlock the full value of their historical cost data. By integrating DESTINI Estimator with Eos Group's Cortex analytics and benchmarking capabilities, preconstruction teams can make faster, more informed decisions. This collaboration unites Beck Technology's powerful estimating platform with Eos Group's 30-plus years of experience in enterprise preconstruction solutions—delivering database development, custom reporting and dashboards, custom integrations, and data analytics to some of the top firms in the industry. Together, the two companies are streamlining the way data is managed and leveraged throughout the preconstruction lifecycle. 'This partnership allows us to help our customers unlock the full value of their historical cost data,' said Stewart Carroll, Chief Customer Officer at Beck Technology. 'By integrating DESTINI Estimator with Eos Group's Cortex analytics and benchmarking capabilities, preconstruction teams will be able to make faster, more informed decisions.' Key Benefits of the Partnership: Smarter Estimating. Preconstruction professionals can now capture DESTINI Estimator cost data in Eos Cortex, providing users with immediate benchmarking insights resulting in more accurate and defensible estimates. Seamless Data Integration. Align past project performance with current estimates to streamline workflows and reduce risk across the estimating process. Enterprise-Level Intelligence. Unlock advanced capabilities in cost modeling, knowledge management, and analytics to support more strategic planning and execution at scale. 'We're excited to align with Beck Technology to elevate the preconstruction experience,' said Nick Papadopoulos, CEO at Eos Group. 'Together, we're enabling clients to turn data into strategic assets that drive better project outcomes.' With this partnership, Beck Technology and Eos Group reaffirm their shared commitment to transforming preconstruction into a more collaborative, data-driven, and value-focused discipline. For more information, visit About Beck Technology Beck Technology empowers preconstruction teams with DESTINI Estimator, the leading estimating platform designed to foster collaboration, improve accuracy, and help teams win more work. Beck Technology is committed to building the future of preconstruction through innovation and industry partnership. About Eos Group Eos Group delivers enterprise cost intelligence to the AEC/O industry as a premier systems integrator. Serving over 80% of ENR's Top 400 contractors, Eos transforms data into strategic assets through integrated benchmarking, estimating, and analytics solutions.
Business Insider
19-06-2025
- Business
- Business Insider
Higher Market Volatility and Trading Volume Catalyze Robinhood Markets Stock (HOOD)
Robinhood Markets (HOOD) stock is undeniably popular right now, but this popularity means investors must be cautious about potential overvaluation. Despite these concerns, the company is doing remarkably well, and management has truly come into its own. With Robinhood's brand evolving from a meme-stock retail investing app into a holistic financial platform for the masses, it's difficult not to be bullish on HOOD in the long term. However, despite the bullish cheer, I'm taking a Neutral position on HOOD while awaiting better levels. Confident Investing Starts Here: HOOD Stock Demonstrates Unbreakable Momentum Robinhood stock is up by approximately 90% year-to-date and by about 230% over the past 12 months, which is impressive and significantly outperforms the broader market. Arguably, Robinhood is becoming more relevant than ever as artificial intelligence (AI) and automation gain momentum. Geopolitical uncertainty, greater volatility, and higher trading volumes are the fuel, while technology is the trigger for HOOD stock outperforming the S&P to the degree it has so far this year. As automation increasingly replaces manual labor, investing and capital allocation are poised to become more accessible across all demographics, and Robinhood is well-positioned to lead this shift. In its latest earnings report, Robinhood delivered impressive results: net income surged to $336 million, revenue grew 50% year-over-year, and net interest income accounted for 30% of total revenue. Assets Under Custody reached $255 billion, nearly doubling from the prior year. The company is effectively converting its 25.9 million funded users into recurring revenue through offerings like Robinhood Gold, which now boasts 3.2 million subscribers—a 90% year-over-year increase. These robust financials help explain sustained investor confidence. While a short-term pullback may be on the horizon, I see it as temporary. With greater macroeconomic clarity expected in 2026, Robinhood appears poised for a continued upward trajectory. In terms of earnings, HOOD reported that its income more than doubled to $336 million, up 114% from the prior year, delivering $0.37 per share. AI, Crypto, and International Expansion Fuel the Bull Case Robinhood is actively expanding its platform and positioning itself at the forefront of financial innovation. The company recently launched Robinhood Cortex, an AI-powered market insight assistant that delivers real-time analytics and personalized trade ideas. Designed to boost user engagement, retention, and conversions to Robinhood Gold, Cortex adds a monetizable layer to the platform. AI integration will also enhance Robinhood Legend, the firm's advanced trading platform designed to attract professional investors and broaden Robinhood's total addressable market. Robinhood has also made a bold move into crypto with its $200 million acquisition of Bitstamp, securing EU crypto licenses, expanding its international footprint, and onboarding over 500,000 funded accounts and 5,000 institutional clients. This marks a strategic shift into high-level M&A for a brand often seen as retail-focused. International growth is another key focus, with Robinhood planning to launch a UK Stocks & Shares ISA, tapping into a market that draws £70–80 billion in annual subscriptions. This expansion positions Robinhood as a serious challenger to incumbents like Hargreaves Lansdown (HRGLF) and AJ Bell, laying the groundwork for broader European fintech expansion and global financial relevance. Value Investors Buy the Dips To be a successful value investor, it's essential to deeply understand both the industry and the specific risk profile of the company you're investing in. While Robinhood has shown impressive growth—especially through international expansion—its revenue growth is likely to moderate in the medium term. Currently, the stock trades at a price-to-sales ratio of 21, well above its five-year average of 7.5. Annual revenue growth has increased modestly from a five-year average of 52% to 60% year-over-year. Much of the recent bullish sentiment stems from improving profitability as the company starts to realize returns on its long-term investments. While valuation is partially driven by market sentiment, that only goes so far. With shares trading well above both their 50-day and 200-day moving averages and an RSI near 70, Robinhood appears technically overbought. This doesn't reflect poorly on the company's fundamentals—it simply suggests that now may not be the ideal entry point. Great value investors wait for moments of weakness, not strength, to buy into quality names like Robinhood. Is Robinhood Markets Stock a Buy or Sell? Wall Street currently rates Robinhood as a Moderate Buy, with 14 Buy ratings, five Holds, and one Sell. However, HOOD's average stock price target of $62 suggests a potential 17% downside over the next 12 months. That aligns closely with my own assessment: Robinhood is a strong company with solid fundamentals, but current valuation levels make it an unfavorable entry point for new investors. A Bad Time to Invest in a Great Company Robinhood is undoubtedly one of the most exciting companies on my radar at the moment. However, excitement doesn't always equate to a wise buying opportunity. Ultimately, valuation reigns supreme—and at today's levels, the stock appears overvalued. I'm holding off until the market offers a more reasonable entry point. When the next significant pullback comes, I'll likely be among the first to buy in. Patience is a cornerstone of successful investing, and in this case, it's a principle I'm fully committed to.
Business Insider
10-06-2025
- Business
- Business Insider
Snowflake Stock (SNOW) Continues to See Buy Ratings Pour In from Top Analysts
Analysts appear to have a positive view of software stock Snowflake (SNOW), as they see strong growth potential ahead. Indeed, five-star Jefferies analyst Brent Thill recently raised his price target on the stock from $220 to $250 and kept a Buy rating. While Snowflake didn't make any major announcements at its recent user conference, Jefferies noted that the company's quick innovation is driving excitement. One key example is Snowflake Intelligence, which is an early-stage product that is 'generating strong buzz' and could help the company expand its market presence. Confident Investing Starts Here: Separately, five-star analyst William Power from Baird also reiterated a Buy rating on Snowflake and pointed to several reasons for his bullish view. To begin with, the company's new Cortex/ AI product is expected to drive future growth, and Snowflake's focus on improving data access and analytics gives it an edge in today's data-driven world. At the same time, Snowflake is expanding its distribution network and strengthening its sales strategies. Another growth driver is the Gen2 Warehouses offering, which provides faster computing and better pricing. In addition, five-star Stifel Nicolaus analyst Brad Reback shared this optimism and maintained a Buy rating after the user conference. Reback noted that customers and partners are increasingly choosing Snowflake over competitors like Databricks for data science, engineering, and machine learning projects. Customers also gave very positive feedback on Snowpark, and many are excited about Openflow, which is a new tool that could remove the need for older middleware ETL platforms. Finally, Snowflake continues to lead in its core SQL business while gaining traction in newer tech. Is SNOW a Good Buy Right Now? Overall, analysts have a Strong Buy consensus rating on SNOW stock based on 34 Buys, six Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average SNOW price target of $226.74 per share implies 7.6% upside potential.
Yahoo
29-05-2025
- Business
- Yahoo
Snowflake (SNOW) AI-Powered Hot Streak Leaves Its Valuation Melting
Snowflake (SNOW) continues to impress with its AI-driven strategy, delivering a strong Q1 FY2026 that included a 26% year-over-year increase in product revenue and a robust $6.7 billion pipeline of contracted future business. The company's transformation into a leading AI Data Cloud platform is gaining traction, fueled by high-profile partnerships with OpenAI and Anthropic—strategic moves that hint at even broader collaborations ahead. 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 The vision is compelling, and the momentum is undeniable. However, from a valuation perspective, caution is warranted. Persistent net losses and substantial stock-based compensation raise concerns about the sustainability of the current share price, which already reflects much of the expected growth. While the long-term story is exciting, I'm maintaining a Hold rating—enthusiastic about the potential, but mindful of the financial fundamentals that still need to catch up. My Hold rating remains intact after taking a closer look under the hood. Snowflake boasts a compelling business model that continues to resonate with large enterprises, embedding itself deeper into operations by breaking down data silos, streamlining processes, and delivering value from a unified, accessible platform. The platform itself is rapidly evolving. It now features AI agent capabilities, developer tools via Snowpark, and advanced data science functionality through Cortex. Recent high-profile partnerships with OpenAI and Anthropic further bolster Snowflake's credibility in the AI space. Management is clearly focused on expanding its developer ecosystem, aiming to empower businesses to deploy their own LLMs and AI agents within a secure, governed environment, advancing its vision of becoming the definitive 'AI Data Cloud.' That said, the fundamentals raise some concerns. In Q1, Snowflake reported a net loss of $430 million and fell short of expectations on adjusted free cash flow, posting $206 million. These financial pressures, despite strong topline growth, signal that management still faces significant challenges in driving sustainable profitability. While these figures aren't alarming for Snowflake's long-term outlook, the stagnation in revenue retention rates indicates that, despite steady growth and operational progress, the company faces mounting pressure. Competitors with stronger balance sheets and deeper resources are intensifying the challenge. Capital expenditures have climbed, largely due to Snowflake's investments in AI infrastructure, its new headquarters, and an increasingly complex product suite. Though revenue growth remains robust, the company's profitability has yet to reflect the efficiencies being pursued. Notably, stock-based compensation exceeded $400 million in just one quarter, continuing to dilute shareholders and pushing out the timeline for achieving sustainable earnings. For prospective investors, this combination of uncertainty, elevated spending, and the need to raise additional capital adds a layer of risk that's difficult to ignore. Snowflake now operates in a significantly more competitive landscape. Its early lead in cloud-native data warehousing is being eroded by deeply integrated and widely adopted alternatives such as Microsoft Fabric, Amazon Redshift, Google BigQuery, and Databricks. Microsoft, in particular, is leveraging its expansive Azure ecosystem to bundle generative AI capabilities, creating a powerful value proposition that places considerable pressure on standalone platforms like Snowflake. Meanwhile, Databricks has continued to gain traction, securing significant funding and rapidly expanding its user base. Competing head-to-head with tech giants may prove challenging for a company like Snowflake, which has yet to reach profitability. In this context, strategic partnerships appear to be a prudent path forward. Snowflake's alliances with Anthropic, OpenAI, Nvidia, and others are designed to strengthen its competitive position and expand its capabilities, but such partnerships are rarely straightforward. While these collaborations enhance the platform's appeal and long-term potential, they depend on seamless integration and sustained adoption to translate into meaningful revenue. At this stage, those outcomes remain more aspirational than material. Consequently, my investment thesis rests on the view that intensifying competition could outpace Snowflake's monetization efforts unless management can significantly accelerate execution. Snowflake reported total revenue of $1.04 billion for Q1 FY2026, exceeding analyst expectations. Remaining performance obligations increased to $6.7 billion—a 34% year-over-year rise—reflecting strong customer commitment and continued platform adoption. The company added 451 net new customers during the quarter, bringing its total to 606 customers generating over $1 million in trailing 12-month product revenue. That said, the pace of growth has clearly moderated compared to previous years, signaling a maturing business facing more measured expansion. Despite solid growth in remaining performance obligations, profitability remains a challenge for Snowflake. GAAP losses persist, and although operating cash flow was positive, adjusted free cash flow margins fell short of expectations. The company is guiding for 25% free cash flow margins for the full year, but ongoing capital expenditures and heavy investment in AI initiatives may put downward pressure on that target. Snowflake is currently trading at more than 18 times forward revenue, significantly above the industry average. Based on my discounted cash flow analysis—assuming a 22% compound annual revenue growth rate through FY2030, a 20% long-term free cash flow margin, and an 8.5% weighted average cost of capital—the stock's fair value is approximately $210 per share, indicating it is close to fully valued. In a more optimistic scenario, with a 25% revenue CAGR and 25% FCF margin, the valuation could reach around $235. Conversely, under more conservative assumptions, the fair value drops to roughly $180 per share. The analyst community maintains a generally positive yet cautious outlook on the stock. Among 40 analysts covering Snowflake, 33 are bullish, while seven are bearish. Not a single analyst is bearish on SNOW stock. SNOW's average stock price target stands at $220.54, indicating almost 7% upside potential over the coming twelve months. Given the stock is trading close to consensus targets, any unexpected slowdown in revenue growth or customer acquisition could trigger downward pressure on the share price. In my view, Snowflake stands out as one of the most strategically positioned enterprise platforms in the rapidly evolving AI sector. Its technology is robust, the vision compelling, and partnerships with leading tech companies lend significant credibility. However, much of this potential appears to be already reflected in the current valuation, while the financial fundamentals have yet to fully catch up. Strategic partnerships and innovation can only go so far when margins are under pressure and competition is intensifying. For these reasons, I maintain a Hold rating. Snowflake could merit a Buy rating in the future, but only once it demonstrates a clear path to profitability and resilience amid a highly competitive market. At present, it remains a story to watch rather than chase. Investors should closely monitor capital expenditures, customer growth, and the tangible impact of AI-driven demand on revenue. Until the financials improve, I believe caution is not only prudent but essential. Disclaimer & DisclosureReport an Issue
Yahoo
23-05-2025
- Business
- Yahoo
Snowflake (SNOW)'s AI Tools Drive Momentum—Analyst Boosts Price Target
We recently published a list of . In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against other best AI stocks on latest news and ratings. Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform. One of the most notable analyst calls on Thursday, May 22, was for Snowflake Inc. Raymond James analyst Simon Leopold maintained an 'Outperform' rating and raised the price target on the stock to $212.00 (from $196.00). The rating follows Snowflake's robust first-quarter earnings for 2026, surpassing expectations. A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform. Citing its positive quarterly report, the management is optimistic about its future performance, particularly its new opportunities and sustained momentum. The firm particularly talked about the strong traction with Snowflake's Cortex, its suite of AI tools for customers to run generative AI and deep analytics applications on their existing data. While the firm is cautious about the deteriorating macro environment, it is positive about the company's momentum and new product growth. Overall, SNOW ranks 4th on our list of best AI stocks on latest news and ratings. While we acknowledge the potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNOW and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
