Latest news with #Radke
Business Insider
15-07-2025
- Business
- Business Insider
Progress Software (PRGS) Gets a Hold from Citi
Citi analyst Tyler Radke maintained a Hold rating on Progress Software yesterday and set a price target of $57.00. The company's shares closed yesterday at $48.80. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Radke is a 4-star analyst with an average return of 5.9% and a 50.39% success rate. Radke covers the Technology sector, focusing on stocks such as Microsoft, CoreWeave, Inc. Class A, and Adobe. In addition to Citi, Progress Software also received a Hold from Jefferies's Brent Thill in a report issued on July 3. However, on July 1, D.A. Davidson reiterated a Buy rating on Progress Software (NASDAQ: PRGS). Based on Progress Software's latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of $237.36 million and a net profit of $17.03 million. In comparison, last year the company earned a revenue of $175.08 million and had a net profit of $16.19 million
Business Insider
12-07-2025
- Business
- Business Insider
Analysts Offer Insights on Technology Companies: Dell Technologies (DELL) and CoreWeave, Inc. Class A (CRWV)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Dell Technologies (DELL – Research Report) and CoreWeave, Inc. Class A (CRWV – Research Report). 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Dell Technologies (DELL) Bank of America Securities analyst Wamsi Mohan maintained a Buy rating on Dell Technologies on July 9. The company's shares closed last Friday at $126.83. According to Mohan is a 5-star analyst with an average return of 12.4% and a 61.4% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings. Currently, the analyst consensus on Dell Technologies is a Strong Buy with an average price target of $136.50, representing a 7.0% upside. In a report issued on June 26, Morgan Stanley also maintained a Buy rating on the stock with a $135.00 price target. CoreWeave, Inc. Class A (CRWV) Citi analyst Tyler Radke maintained a Hold rating on CoreWeave, Inc. Class A on July 9 and set a price target of $160.00. The company's shares closed last Friday at $125.84. According to Radke is a 4-star analyst with an average return of 5.9% and a 50.4% success rate. Radke covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zoom Video Communications, and Palantir Technologies. CoreWeave, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $78.53, representing a -40.9% downside. In a report issued on June 25, H.C. Wainwright also initiated coverage with a Hold rating on the stock with a $212.00 price target.
Business Insider
12-07-2025
- Business
- Business Insider
Will the AI Euphoria Keep Driving Palantir (PLTR) Stock Higher? Here's What Wall Street Thinks
Palantir Technologies (PLTR) stock has rallied more than 88% year-to-date and by an amazing 401% over the past year. While PLTR bulls see continued upside in the stock, driven by the demand for the data analytics company's artificial intelligence (AI)-powered offerings, other analysts are concerned about its lofty valuation and notable share-based compensation. Although investor enthusiasm about PLTR stock remains upbeat, Wall Street's average price target indicates a possible downside from current levels. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Notably, PLTR stock is trading at a forward P/S (price-to-sales) ratio of 86.7x, way above the sector average of 3.2x. Analysts Have Mixed Views of PLTR Stock Palantir has been impressing investors with solid revenue growth rates, expanding margins, and enhanced profitability. The company's market-beating Q1 results and robust demand for its innovative offerings, like AIP (artificial intelligence platform), have helped reinforce investors' confidence. Palantir expects to deliver revenue growth of 36% for full-year 2025 and 68% for the U.S. commercial business. On Thursday, Wedbush analyst Daniel Ives raised the price target for PLTR stock to $160 from $140 and reiterated a Buy rating, citing recent checks and rising confidence in the company's AI strategy. The top-rated analyst believes that PLTR has a 'golden path' to become the next Oracle (ORCL) in the coming years. Ives contends that while PLTR's valuation is expensive, he views the 'Messi of AI' as a core winner that can capture trillions of AI spend in the years ahead. Furthermore, he believes that Wall Street is underestimating the ability of PLTR's AIP U.S. commercial business to grow into a more than $1 billion revenue stream in the next few years. Meanwhile, Citi analyst Tyler Radke has a Hold rating on PLTR stock with a price target of $115. Following meetings with management, the 4-star analyst noted that the company remains upbeat on AIP adoption. In particular, he highlighted strong demand from Financial Services customers following the Q1 contract with Citi (C) Wealth. Radke noted that management is confident about continued strength in Government business, with the Golden Dome program providing an attractive opportunity. However, Radke highlighted that the momentum in PLTR's International revenue is a mixed bag, as the NATO deal and opportunities in the Middle East are offset by challenges in the European commercial business. While Radke acknowledges the company's solid fundamentals, he remains concerned about how PLTR stock can justify its elevated valuation, especially if the 'magnitude of positive revisions slow or large contracts (i.e., Golden Dome) don't materialize as expected.' Is PLTR a Good Stock to Buy? Overall, Palantir Technologies stock scores a Hold consensus rating from Wall Street, based on four Buys, nine Holds, and four Sell recommendations. The average PLTR stock price target of $109.60 indicates a downside risk of 23.1% from current levels.
Yahoo
29-05-2025
- Business
- Yahoo
Citi Raises Autodesk (ADSK) Price Target, Maintains Buy Rating
On Tuesday, May 27, Citi analyst Tyler Radke increased the price target on Autodesk, Inc. (NASDAQ:ADSK) from $374 to $376 and kept a 'Buy' rating. This adjustment came after the company reported financial results for Q1 of fiscal 2026. According to Radke, the results were solid and showed a good balance of growth and margin performance. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. During the quarter, Autodesk, Inc. (NASDAQ:ADSK) reported that it renewed several large Enterprise Business Agreements, with customers increasing their use of products like Autodesk Construction Cloud, Revit, and Fusion. The company continued the rollout of the transaction-based model, which helped improve margin efficiency. This led to an increase in targets for the company's annual operating margin and free cash flow. Despite this impressive performance in Q1 of fiscal 2026, Autodesk, Inc. (NASDAQ:ADSK) kept its full-year revenue forecast but adjusted its billing targets to reflect account currency changes and the transaction-based model. According to Citi, the updated outlook seems reasonable given the current economic environment. Citi's analysis noted that Autodesk, Inc.'s (NASDAQ:ADSK) outlook is more optimistic than the conservative guidance provided by other companies in the vertical software market. Autodesk, Inc. (NASDAQ:ADSK) is a global software corporation that provides software products and services for the architecture, engineering, construction, product design, manufacturing, media, and entertainment industries. While we acknowledge the potential of ADSK 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 ADSK and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. 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
29-05-2025
- Business
- Yahoo
Citi Raises Autodesk (ADSK) Price Target, Maintains Buy Rating
On Tuesday, May 27, Citi analyst Tyler Radke increased the price target on Autodesk, Inc. (NASDAQ:ADSK) from $374 to $376 and kept a 'Buy' rating. This adjustment came after the company reported financial results for Q1 of fiscal 2026. According to Radke, the results were solid and showed a good balance of growth and margin performance. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. During the quarter, Autodesk, Inc. (NASDAQ:ADSK) reported that it renewed several large Enterprise Business Agreements, with customers increasing their use of products like Autodesk Construction Cloud, Revit, and Fusion. The company continued the rollout of the transaction-based model, which helped improve margin efficiency. This led to an increase in targets for the company's annual operating margin and free cash flow. Despite this impressive performance in Q1 of fiscal 2026, Autodesk, Inc. (NASDAQ:ADSK) kept its full-year revenue forecast but adjusted its billing targets to reflect account currency changes and the transaction-based model. According to Citi, the updated outlook seems reasonable given the current economic environment. Citi's analysis noted that Autodesk, Inc.'s (NASDAQ:ADSK) outlook is more optimistic than the conservative guidance provided by other companies in the vertical software market. Autodesk, Inc. (NASDAQ:ADSK) is a global software corporation that provides software products and services for the architecture, engineering, construction, product design, manufacturing, media, and entertainment industries. While we acknowledge the potential of ADSK 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 ADSK and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None.
