Latest news with #DefenseStocks
Yahoo
3 days ago
- Business
- Yahoo
Recent Analyst Ratings Forecast Further Upside For TAT Technologies Ltd. (TATT)
TAT Technologies Ltd. (NASDAQ:TATT) is among the 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. The stock has gained nearly 20% year-to-date, as of the close of business on July 16. Recent analyst ratings project further upside potential for its shares. Jordan Tan / On June 4, Truist Securities initiated coverage of TAT Technologies Ltd. (NASDAQ:TATT) with a Buy rating and announced a price target of $35 for the stock, with analysts viewing the company as a vital player in the commercial aerospace aftermarket component repair sector. Later in the month, on June 11, analysts at Benchmark lifted the stock's price target to $36 from $35, while maintaining a Buy rating for its shares. The adjustment followed impressive first-quarter results and a major APU contract with a leading international cargo carrier, which the firm described as a significant win. On June 18, Lake Street also initiated coverage of TAT Technologies Ltd. (NASDAQ:TATT) with a Buy rating and a price target of $37 per share. TAT Technologies Ltd. (NASDAQ:TATT) provides services and products for the commercial and military aerospace and ground defense sectors. Overall, Wall Street analysts have a consensus Buy rating for the stock, with a one-year average share price target of $35.50, representing an upside potential of 15.22%. While we acknowledge the potential of TATT 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: and . Disclosure: None. 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
Yahoo
3 days ago
- Business
- Yahoo
Planet Labs PBC (PL) Wins Four Major Contracts in Defense and Intelligence Sector
Planet Labs PBC (NYSE:PL) is among the 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. The company has received four major contract awards from customers in the Defense and Intelligence sector for its new AI-enabled solutions, building on the momentum discussed in its latest earnings call in June. A satellite in orbit against a blue sky, displaying the power of the company's space-based systems. These contracts will support government clients in the United States and internationally through improved situational awareness and informed decision-making. The business wins underscore the rising demand for Planet Labs PBC (NYSE:PL)'s national security offerings, which use proprietary satellite data and advanced AI capabilities. The recent agreements include a multi-year, €240 million contract from Germany to support European peace and security; an expansion of Planet Labs PBC (NYSE:PL)'s existing HSA contract with the Defense Innovation Unit (DIU) in support of INDOPACOM; a seven-figure deal with the U.S. Navy for maritime domain awareness in the Pacific Ocean region; and another seven-figure contract from NATO for space-based surveillance, maritime domain awareness functions, and enhanced indications and warnings. Planet Labs PBC (NYSE:PL) provides global daily satellite imagery and geospatial solutions. The stock has had impressive returns in 2025, gaining 59% year-to-date as of July 15. While we acknowledge the potential of PL 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: and . Disclosure: None. 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
Yahoo
14-07-2025
- Business
- Yahoo
Palantir Just Launched Warp Speed for Warships. Does That Make PLTR Stock a Buy?
Defense stocks often fly under the radar, but when innovation and military demand collide, the potential upside can be massive. From shipbuilders to software providers, companies serving the U.S. Department of Defense are increasingly tapping into AI-driven tools to accelerate performance and gain long-term contracts. One such company is Palantir Technologies (PLTR), which has gained significant traction in a short time thanks to its deepening ties with the U.S. military. Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP This Analyst Just Doubled His Price Target on AMD Stock How High Can Nvidia Stock Go as Jensen Huang Heads to China? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! The company just took a major leap forward with the launch of Warp Speed for Warships, a new initiative in collaboration with the U.S. Navy and the BlueForge Alliance. Designed to digitally transform America's maritime supply chain and shipbuilding ecosystem, the program aims to accelerate warship production and bolster national defense readiness using Palantir's AI‑powered platforms. With PLTR stock already sitting near all-time highs and institutional buying surging, the launch of Warp Speed could mark a pivotal moment. Here's what investors need to know about Palantir's bold defense push. Founded in 2003, Palantir Technologies is a tech company that develops software platforms for the intelligence community and commercial enterprises globally. The company offers several key products, including Palantir Gotham, Foundry, Apollo, and the Artificial Intelligence Platform (AIP). The company has a market cap of around $335 billion for now. After delivering a strong performance in the previous year, Palantir's shares have continued their upward trajectory in 2025. Despite a broader market selloff, the stock has managed to climb more than 94% year to date, making it the top-performing S&P 500 Index ($SPX) stock this year. At the same time, Palantir's stock currently trades at lofty multiples. PLTR's forward price-earnings ratio stands at around 389 times earnings, reflecting very high growth expectations. Palantir Technologies is expanding its defense business through a major new initiative called 'Warp Speed for Warships,' launched in partnership with the U.S. Navy and BlueForge Alliance. The program aims to connect shipbuilders, suppliers, and defense partners via a real-time digital network to improve delivery speed, coordination, and supply chain efficiency. Funded by the Navy's Maritime Industrial Base office, the initiative extends Palantir's focus beyond submarines to include surface warships. BlueForge's co-CEO said the effort provides U.S. industry with the digital tools needed to meet rising defense demands. Beyond warships, Palantir is gaining traction with other defense contracts. The Pentagon raised its Maven Smart System deal with Palantir by $795 million in May, boosting the total to $1.3 billion through 2029. The company also landed a NATO Maven contract, signaling broader global adoption. Together, these deals reinforce Palantir's growing role in modern military technology. On May 15, Palantir delivered first-quarter results that easily topped expectations across the board. Revenue surged 39% year-over-year to $884 million, with strong momentum in its core U.S. business. Domestic revenue jumped 55% to $628 million, fueled by a massive 71% gain in U.S. commercial sales, which hit $255 million. Government sales weren't far behind, rising 45% to $373 million. Even more impressive was Palantir's profitability. The company posted GAAP operating income of $176 million, or $0.13 on an adjusted basis, good for a 20% margin, while net income came in at $214 million, or a 24% margin. Cash generation was also robust. Palantir pulled in $310 million in operating cash and $370 million in free cash flow, with conversion margins of 35% and 42%, respectively. Management sounded upbeat about the year ahead, raising its full-year revenue forecast to between $3.89 billion and $3.902 billion, reflecting 36% growth. Last week, Wedbush analyst Dan Ives reiterated an 'Outperform' rating on Palantir and raised his 12-month price target to $160, up from $140. The new target implies about 8.5% upside. Ives described Palantir as the 'Messi of AI,' citing a potential $1 billion opportunity in the U.S. commercial sector and continued strength in federal adoption. However, most Wall Street analysts remain cautious. The consensus rating on PLTR stock is still 'Hold,' with many believing the stock has risen too far above its intrinsic value. Based on the average price target of around $106, analysts see a potential downside of around 28%. On the date of publication, Nauman Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
17-06-2025
- Business
- Yahoo
Israel Ramps Up Iran Attacks, U.S. Sends Ships; Defense Stocks Rise
Israel's assault on Iran entered its fifth day. U.S. sends more military assets to the region. U.S. defense stocks rise.
