Latest news with #NorthlandSecurities
Globe and Mail
5 days ago
- Business
- Globe and Mail
Intel (INTC): New Buy Recommendation for This Technology Giant
Northland Securities analyst Gus Richard maintained a Buy rating on Intel today and set a price target of $28.00. The company's shares closed yesterday at $22.63. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Richard is a 5-star analyst with an average return of 17.8% and a 58.70% success rate. Richard covers the Technology sector, focusing on stocks such as Power Integrations, Camtek, and Intel. Intel has an analyst consensus of Hold, with a price target consensus of $22.11. Based on Intel's latest earnings release for the quarter ending March 29, the company reported a quarterly revenue of $12.67 billion and a GAAP net loss of $821 million. In comparison, last year the company earned a revenue of $12.72 billion and had a GAAP net loss of $381 million
Yahoo
22-07-2025
- Business
- Yahoo
Northland Securities Maintains a Buy Rating on Bitdeer Technologies (BTDR), Sets a $20 Price Target
Bitdeer Technologies Group (NASDAQ:BTDR) is one of the . On July 11, Northland Securities analyst Michael Grondahl maintained a Buy rating on Bitdeer Technologies Group (NASDAQ:BTDR) and set a price target of $20.00. A construction team in a mining datacenter building work site with plans and equipment in hand. Bitdeer Technologies Group (NASDAQ:BTDR) reported 203 bitcoins mined in its June 2025 update, reflecting a 4% growth from May 2025. This growth was attributed to the increased average self-mining hashrate resulting from the energization of SEALMINERs. The company grew its self-mining hashrate by 21% to 16.5 EH/s due to the continued deployment of SEALMINERs. Matt Kong, Chief Business Officer at Bitdeer Technologies Group (NASDAQ:BTDR), stated that the company is on track to reach a rate of 40 EH/s by the end of October 2025. Bitdeer Technologies Group (NASDAQ:BTDR) is a technology company specializing in blockchain and computing, offering hash rate sharing solutions, including Cloud hash rate and one-stop mining machine hosting solutions for efficient cryptocurrency mining. It has taken the lead as the largest vertically integrated Bitcoin miner. While we acknowledge the potential of BTDR 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
10-07-2025
- Business
- Yahoo
Riot Platforms (RIOT) Jumps 5.8% as Bitcoin Hits New All-Time High
Riot Platforms Inc. (NASDAQ:RIOT) is one of the . Riot Platforms saw its share prices increase by 5.79 percent on Wednesday to close at $12.24 apiece following an investment firm's bullish recommendation for its stock, while tracking the all-time high rally of Bitcoin. In a market note, Northland Securities reaffirmed its 'buy' recommendation for Riot Platforms Inc. (NASDAQ:RIOT) with a price target of $15. The figure marked a 22.5-percent upside from its latest closing price. Meanwhile, Riot Platforms Inc. (NASDAQ:RIOT) benefited from Bitcoin's rally to an all-time high, with the cryptocurrency hitting its highest price of $111,907.49 amid growing institutional interest and a resurgence in retail demand. A computer engineer working in a futuristic office, programming algorithms to mine cryptocurrency. Last month, Riot Platforms Inc. (NASDAQ:RIOT) said it mined a total of 450 Bitcoins, a jump of 76 percent from the 255 in the same month last year, but lower by 12 percent from the 514 mined in May 2025. In the same month, the company also sold 397 Bitcoins, pushing its total holdings to 19,273. While we acknowledge the potential of RIOT 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Business Insider
05-07-2025
- Business
- Business Insider
Northland Securities Sticks to Their Buy Rating for Spectral AI (MDAI)
In a report released on July 1, Carl Byrnes from Northland Securities maintained a Buy rating on Spectral AI, with a price target of $6.00. The company's shares closed last Thursday at $2.68. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Byrnes covers the Healthcare sector, focusing on stocks such as MiMedx Group, Alvotech, and Spectral AI. According to TipRanks, Byrnes has an average return of -6.0% and a 35.76% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Spectral AI with a $4.00 average price target.
Yahoo
20-06-2025
- Business
- Yahoo
Northland Securities Reiterates a Buy on Bitfarms (BITF)
Bitfarms Ltd. (NASDAQ:BITF) is one of the 13 Crypto Stocks with the Highest Upside Potential. In a reported release on May 15, Michael Grondahl from Northland Securities maintained a Buy rating on Bitfarms Ltd. (NASDAQ:BITF) with a price target of $3.25. The rating update followed the company's announcement of its fiscal Q1 2025 results, which showed revenue growing 33% year-over-year to $67 million. However, its gross mining margin for the quarter was 43%, down from 63% in fiscal Q1 2024. A bustling server farm, reflecting the company's investment into cryptocurrency mining. Bitfarms Ltd. (NASDAQ:BITF) stated that the company undertook various executions to support its strategic pivotal to HPC and the US, including the strategic acquisition of two large power campuses in Pennsylvania with the Stronghold acquisition and the profitable disposition of one of its Paraguayan Bitcoin mining campus, Yguazu. On June 10, Bitfarms Ltd. (NASDAQ:BITF) announced the filing of a share purchase agreement with Canadian Securities Regulatory Authorities detailing a March agreement regarding the sale of all issued shares of a corporation owning a bitcoin mining site in Yguazu, Paraguay, to Hive Holdings Paraguay 1 Ltd., Hive Digital Technologies, Ltd., and Hive Holdings Paraguay 2 Ltd. While we acknowledge the potential of BITF 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.
