Latest news with #Jefferies
Yahoo
an hour ago
- Business
- Yahoo
Jefferies sees potential Core Scientific takeout value range of $16-$23
After The Wall Street Journal reported that CoreWeave (CRWV) is in talks to acquire Core Scientific (CORZ), Jefferies analyst Jonathan Petersen contends that the combination of the two 'makes strategic sense' as it would allow CoreWeave to vertically integrate its infrastructure, reduce operating expense and use the Core Scientific platform to grow its data center development pipeline. The firm, which estimates a potential takeout value range of $16-$23, has a Buy rating and $16 price target on Core Scientific shares and a Buy rating and $180 price target on CoreWeave. 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 the top stocks recommended by analysts >> Read More on CORZ: Disclaimer & DisclosureReport an Issue Core Scientific could get north of $30/share in buyout, says Cantor Fitzgerald 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
Yahoo
4 hours ago
- Business
- Yahoo
Jefferies Trims SentinelOne (S) Price Target, Maintains Buy Rating
SentinelOne, Inc. (NYSE:S) is one of . Jefferies analyst Joseph Gallo has lowered the firm's price target on SentinelOne, Inc. (NYSE:S) to $23 from $25, while maintaining a Buy rating on the shares. The adjustment reflects a broader reduction in price targets across Jefferies' U.S. software coverage, prompted by recent multiple compression and early signs of softening macroeconomic conditions affecting deal-making in the technology sector. Gallo pointed out that these factors could lead to what he describes as another 'mullet' year for software companies, characterized by a challenging first half followed by a stronger second half. Despite this outlook, Jefferies has not yet lowered its earnings estimates for SentinelOne, choosing instead to await further data from upcoming first-quarter checks. The analyst also noted that SentinelOne's recent guidance assumed no significant improvement in market conditions, underscoring the cautious tone from management. As uncertainty continues, many investors appear to be holding back, adopting a wait-and-see approach to gauge how the evolving environment will affect technology spending and deal activity. While the cautious stance has led to a tempered near-term outlook, Jefferies remains positive on SentinelOne's longer-term prospects, keeping a Buy rating on the stock. While we acknowledge the potential of S to grow, 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 S and that has 100x upside potential, check out our report about this cheapest AI NEXT: 10 Best Small Cap Tech Stocks With Biggest Upside Potential and . Disclosure: None.
Yahoo
11 hours ago
- Business
- Yahoo
Why Duolingo Stock Plummeted This Week
New data shows Duolingo's daily active user growth continues to decelerate. Trading at an already lofty valuation, the company saw its share price plummet. However, Duolingo's long-term investment thesis is intact, and its growth optionality remains abundant. 10 stocks we like better than Duolingo › Shares of the world's largest education app, Duolingo (NASDAQ: DUOL), were down 14% this week as of 2:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence. The main reason for this decline came from a Jefferies analyst highlighting that Duolingo's daily active user (DAU) growth slowed to 37% in June. Analysts expected 44% growth in DAUs for the company's second quarter, but the data shows it'll be closer to 39%, prompting the adverse reaction from the market. While 30 days' worth of disappointing DAU data isn't bad in and of itself, it extends a worrying trend. Over the last five months, the company's DAU growth declined from 56% in February to 53% in March, 41% in April, 40% in May, and finally 37% in June. This deceleration is far from a death knell for Duolingo's stock. But the market may be justified in lowering the company's valuation until it sees improving data. Even after this drop, the company trades at 106 times free cash flow, including stock-based compensation. However, following this decline, I may find myself buying more Duolingo shares soon, thanks to its promising growth optionality. Far from just a language learning app, Duolingo has multiple potential growth outlets, like: Adding to its courses, as it has already done with ABCs for children, math, music, and now chess. Building upon its standardized test offerings, such as its Duolingo English Test (roughly 10% of sales). Growing the advertising revenue from its non-subscriber tier (around 6% of sales). Incorporating artificial intelligence (AI) into its offerings, such as its video chat with Lily. Though its days of 50% hypergrowth may be in the past, Duolingo's longer-term growth story is still in its early chapters. Before you buy stock in Duolingo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Duolingo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Josh Kohn-Lindquist has positions in Duolingo. The Motley Fool has positions in and recommends Jefferies Financial Group. The Motley Fool recommends Duolingo. The Motley Fool has a disclosure policy. Why Duolingo Stock Plummeted This Week was originally published by The Motley Fool 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
12 hours ago
- Business
- Business Insider
Jefferies says market reaction to IMPACT data is overkill
Jefferies believes Altimmune (ALT) stock dropping 50% after the company announced results from its IMPACT study is overkill, as data met the firm's most likely scenario. Jefferies sees pemvidutide as a viable/safe drug uniquely positioned in MASH as the first incretin to hit statistical significance on histology at 24 weeks with potential to deepen with time and thinks these factors differentiate the drug from the fibroblast growth factor 21 class, the firm told investors in a research note. Jefferies added that the company can take meaningful share in the growing MASH market if successful. The firm reiterated a Buy rating and $28 price target on shares. Confident Investing Starts Here:
Yahoo
21 hours ago
- Business
- Yahoo
Nike to see 'V-shaped recovery' over next year, analyst says
Nike (NKE) stock continues to surge after the company posted better-than-expected fourth quarter earnings. Randy Konik, Jefferies retail and apparel analyst, joins Market Catalysts to explain why he sees this as a turning point for Nike, with cleaner inventory, a reset strategy, and potential for earnings to rebound. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. Nike surging after fourth quarter results came in better than feared. The retailer topping estimates on the top and bottom line, despite seeing sales drop 12% year-over-year, saying this quarter saw the largest financial impact from its turnaround plan. Joining me now, we've got Randy Konik, who is the Jeffries Retail and Apparel Analyst. Randy, good to have you back on the program with us. You have a buy rating, $115 price target on this stock. So, there's got to be a lot of work done between here and there. You see this as an inflection point for Nike, though. Take us into your thesis. Yeah, look, I think what the market under appreciates about this business is, and first and foremost, Nike is the second most ubiquitous brand in the entire world behind Coca-Cola. In addition, Nike competes with only 10 companies in athletic footwear. That's a great position to be in. And not only is it number it's number one in footwear, well, not a lot of competition. It also had self-inflicted wounds and those self-inflicted wounds incurred by prior CEO are now being fixed, fixed with better product, more balanced distribution. And because earnings got cut in half and a lot of these issues were self-conflicted, those earnings can bounce back rather quickly. It's not going to take a quarter, but over the next eight quarters, we think this this V-shape recovery ensues. And that's what makes this stock nearly double from current levels over the next 12 months. So let's take this in pieces because there have been a couple elements of this turnaround strategy, and and I want to start with how they're looking across their partnerships, especially on the retail front. What have you been encouraged by? What would you like to see more of? How are you evaluating that? Look, I think it's as simple as first and foremost, the company's getting back into the retail channel in an enlarging its wholesale distribution. Under the prior CEO, they went away from that. So the the new CEO is doing a good job of rebalancing that distribution. In addition, the company is really doing a good job of talking about being a better partner to the wholesale channel, not just taking, but also giving. So that means co-marketing with the partner, but also means doing a better job of segmenting product for each specific retailer, which I think is a very smart move. Finally, you know, with the uh with the return of going back on Amazon, I think it just helps the company broaden out its customer base. And again, it allows Nike to kind of, you know, because it's ubiquitous brand and people want to buy it everywhere, it allows the the brand to shine through in these different retailers, these different channels. Uh so everyone can get the new product that looks more compelling. There's been a ton of focus around that product and the inventory levels of that product. Has your monitoring what the consumer trends are right now, especially across regions? And I believe it was EMEA that's actually showing the most strength and momentum for them right now. What do they need to see in terms of that inventory and and how they're kind of navigating those shifts internationally to ensure that they've got the right product in the right place at the right time? Look, it's a great question. I think what the company is doing uh now is they're acting with urgency. So inventories ended the quarter uh in and about flat. Now, they did talk about some elevated inventories in particular regions and particular product categories like the lifestyle product, but what they did also say is they're they're doing a good job of getting through that product in a timely manner, such that from an inventory perspective, you should see inventories be very clean within the next couple quarters. Uh which allows for the back half of the fiscal year uh to be set up for a business that goes up against very easy comparisons on top and margin line to show some really meaningful improvement as we go out a couple quarters from now.
