Latest news with #KenWolter
Yahoo
4 days ago
- Business
- Yahoo
Microsoft (MSFT) Set for Another Strong Quarter, Analysts Say
Microsoft Corporation (NASDAQ:) is one of the . On July 22, Citi raised its price target on the stock to $613.00 from $605.00 while maintaining a 'Buy' rating. According to the firm, Microsoft is poised for 'another strong quarter of positive revisions and upside to Q4+Q1 Azure numbers' for its fiscal fourth quarter. The firm's reseller survey has demonstrated one of the strongest growth and quota attainment performances in the course of four years. The research note further highlighted how partner checks have shown that Microsoft's CoPilot and Dynamics offerings are performing well. Owing to its artificial intelligence exposure, business model quality, and long-term pricing and margin power, Microsoft remains Citi's top pick in the sector. The firm views the stock as 'nearly unmatched in enterprise software.' Ken Wolter / 'We reiterate our bullish view into MSFT's F4Q results, anticipating another strong quarter of positive revisions and upside to Q4+Q1 Azure numbers. Our reseller survey yielded one of the strongest growth/ quota attainment performances in 4+ years, while partner checks highlighted CoPilot + Dynamics strength. After raising Azure estimates in mid-June, where Citi FY26E Azure growth is still ~3pts above the Street, we nudge estimates up again. This takes our TP to $613 (based on 30x FY28 EPS discounted back) and suggests continued upside ahead. Microsoft remains our top pick given the exposure to AI, quality of business model and long-term pricing/margin power that we view as nearly unmatched in enterprise software.' Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. While we acknowledge the potential of MSFT 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
25-06-2025
- Business
- Yahoo
Oracle (ORCL) Upgraded by BMO After Strong Earnings and Cloud Outlook
Oracle Corporation (NYSE:ORCL) is one of the 10 best AI stocks to buy according to billionaire David Tepper. The corporation's shares were upgraded to an 'Outperform' rating from 'Market Perform' on June 13 by BMO Capital Markets. This decision followed Oracle's stronger-than-expected Q4 FY2025 earnings report and optimistic forward guidance. BMO also raised its price target to $235 from $200. Ken Wolter/ BMO's analysts noted that Oracle's Q4 FY2025 earnings report indicates a robust performance, especially compared to projections. Revenue increased by 11% year-over-year to $15.9 billion, against a consensus estimate of $15.58 billion. Adjusted EPS surpassed the expected $1.64 to reach $1.70. The analysts also noted that Oracle's forward guidance was more optimistic than anticipated. Management expects the company's revenue for FY2026 to hit over $67 billion, 16% higher than in FY2025. The total cloud growth rate is expected to expand from 24% in FY2025 to over 40% in FY2026. Meanwhile, Oracle anticipates the cloud infrastructure growth rate to increase from 50% in FY2025 to over 70% in FY2026. Oracle Corporation (NYSE:ORCL) is a global enterprise software and cloud computing company. It provides businesses, governments, and institutions with cloud-based applications, infrastructure, and database technologies. Its leading products include Oracle Cloud Infrastructure, Oracle Autonomous Database, and software suites like Oracle Fusion Cloud ERP, HCM, and NetSuite. Oracle also delivers services through its healthcare-focused Oracle Cerner unit. While we acknowledge the potential of ORCL 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: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None. Sign in to access your portfolio
Yahoo
24-06-2025
- Business
- Yahoo
AT&T Targets 60 Million Fiber Homes by 2030 After $5.75 Billion Lumen Deal
AT&T Inc. (NYSE:T) is on our list of the 10 best 5G stocks to invest in according to analysts. AT&T Inc. (NYSE:T) unveiled its strategic plan on June 10 at the 2025 Mizuho Technology Conference. The company underlined its recent moves in growing its wireless and fiber networks while simultaneously tackling issues in the marketplace. Ken Wolter / AT&T Inc. (NYSE:T) disclosed that the $5.75 billion Lumen deal would use a portion of the $10 billion it had set aside for financial flexibility over the next three years. Following the acquisition, the company is on course to keep its leverage ratio at 2.5 times net leverage. Moreover, aiming for a 60 million home fiber footprint by 2030, the Lumen acquisition adds 500,000 fiber users and 4 million passings. The company is also cutting $6 billion in costs by phasing out copper infrastructure and expanding its 5G network, which covers a larger region than its rivals. Leading telecommunications firm AT&T Inc. (NYSE:T) provides a wide range of wireless communication services and data solutions to a number of customer groups, including corporations, governmental organizations, wholesale customers, and individual consumers. While we acknowledge the potential of T 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 More: and Disclosure: None.
Yahoo
24-06-2025
- Business
- Yahoo
Verizon Sees Strong Subscriber Growth in May, Citi Reaffirms Buy
Verizon Communications Inc. (NYSE:VZ) is on our list of the 10 best 5G stocks to invest in according to analysts. With a price target of $48 on June 3, Citi analysts maintained their Buy rating for Verizon Communications Inc. (NYSE:VZ). The decision comes after the Verizon model was updated to include new data from the company's 10-Q filing and subsequent management remarks. Ken Wolter / In contrast to earlier predictions of a slowdown, Verizon Communications Inc. (NYSE:VZ) management emphasized an ongoing streak of double-digit consumer gross add growth into May. Price actions from each of the national carriers, higher promotions, and possible value shopping by customers are all factors contributing to the increased activity in the switcher pool, which has resulted in incremental churn. That said, the analysts' prediction for net additions and losses is not impacted by these circumstances. The report also pointed out that Verizon Communications Inc. (NYSE:VZ) and a few other market competitors are currently retreating from buyout offers, which have been erratic in the market. Verizon Communications Inc. (NYSE:VZ) is a leading provider of technology, entertainment, and communication services worldwide. The company offers a range of services through its operational divisions, such as digital TV, high-speed internet, and 5G and 4G wireless connectivity. While we acknowledge the potential of VZ 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 More: and Disclosure: None.
Yahoo
21-06-2025
- Business
- Yahoo
AT&T (T) Maintains 2025 Full-Year Financial and Operational Outlook
AT&T Inc. (NYSE:T) is one of the best stocks to buy. The company is currently implementing its multi-year strategic growth plan, looking to stand out in the connectivity sector by offering customers an integrated experience through a combination of fiber and 5G services under a single provider. As part of this strategy, the company recently announced its intent to acquire the majority of Lumen's Mass Markets fiber internet business. Expected to close in the first half of 2026, this acquisition is positioned to enhance US connectivity infrastructure, expand access to high-speed internet for millions of Americans, and generate middle-class employment opportunities. Ken Wolter / This initiative supports the company's ambition to become the leading American connectivity provider while driving long-term value for customers, shareholders, and the organization. With a goal of reaching approximately 60 million fiber locations by year-end 2030, AT&T continues to strengthen its leadership in fiber deployment. For the second quarter of 2025, AT&T Inc. (NYSE:T) affirms its guidance for capital investment in the range of $4.5 to $5 billion and anticipates roughly $4 billion in free cash flow. The company maintains full-year 2025 financial and operational targets, as well as its long-term capital return strategy. Furthermore, AT&T is moving ahead with its $10 billion share repurchase program, targeting at least $3 billion in common stock buybacks by the end of 2025, with the remainder to be carried out in 2026. AT&T Inc. (NYSE:T) delivers a wide range of telecommunications and technology services, including wireless, internet, and fiber solutions for both consumers and businesses. While we acknowledge the potential of T 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
