Latest news with #Redburn
Yahoo
3 days ago
- Business
- Yahoo
Nvidia's (NVDA) Next Earnings Could Be a Turning Point—Here's What to Expect
NVIDIA Corporation (NASDAQ:) is one of the . One of the biggest analyst calls on Monday, June 23, was for Nvidia Corporation. Redburn reiterated the stock as 'Buy,' stating that said company remains extremely well positioned ahead of its next earnings report on August 27. 'Nvidia reports July quarter earnings on 27 August, which should confirm rising networking attach rates, a smooth transition to Blackwell Ultra B300s and sustained further improvement in AI model capability and therefore AI capex investment.' In other news, Nvidia stock was edging down in Monday's premarket amid geopolitical and trade tensions. While big tech companies may be continuing to invest in artificial intelligence, benefiting stocks such as Nvidia, they may not rally any further until there is some clarity regarding the conflict in the Middle East and tariff negotiations. While we acknowledge the potential of NVDA 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: 10 AI Stocks in the Spotlight and Disclosure: None.
Yahoo
3 days ago
- Business
- Yahoo
Nvidia's (NVDA) Next Earnings Could Be a Turning Point—Here's What to Expect
NVIDIA Corporation (NASDAQ:) is one of the . One of the biggest analyst calls on Monday, June 23, was for Nvidia Corporation. Redburn reiterated the stock as 'Buy,' stating that said company remains extremely well positioned ahead of its next earnings report on August 27. 'Nvidia reports July quarter earnings on 27 August, which should confirm rising networking attach rates, a smooth transition to Blackwell Ultra B300s and sustained further improvement in AI model capability and therefore AI capex investment.' In other news, Nvidia stock was edging down in Monday's premarket amid geopolitical and trade tensions. While big tech companies may be continuing to invest in artificial intelligence, benefiting stocks such as Nvidia, they may not rally any further until there is some clarity regarding the conflict in the Middle East and tariff negotiations. While we acknowledge the potential of NVDA 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: 10 AI Stocks in the Spotlight 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
5 days ago
- Business
- Yahoo
3 Things to Watch Ahead of the Nvidia Annual Meeting on June 25
Nvidia (NVDA) shares are keeping calm ahead of the AI darling's shareholder meeting scheduled for June 25 as the chipmaker is unlikely to deliver fireworks at its upcoming annual event. Still, there are three key things that investors will be watching on the coming Wednesday. Ahead of the shareholder meeting, NVDA stock is up more than 60% versus its year-to-date low set in April. The Next Trillion-Dollar Boom? 3 Stocks to Buy with 300 Million Humanoid Robots on the Horizon. Is Tesla a Buy or Sell as TSLA Stock Zooms on Austin Robotaxi Launch? These 3 Stocks Have Been Hot in 2025. Should You Sell Them Now Before It's Too Late? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Nvidia shareholders will vote to re-elect the company's board at the annual event on June 25. With no contested seats and a strong performance backdrop, the current directors are expected to cruise to reappointment on Wednesday. Additionally, investors will be watching advisory vote on executive compensation or what is more broadly known as 'say-on-pay.' NVDA CEO Jensen Huang earned nearly $50 million in fiscal 2025 – up roughly 47% from the prior year, largely driven by stock rewards. While the vote is non-binding, it helps with gauging investor sentiment toward Nvidia's leadership amidst its AI-fuelled surge. Lastly, shareholders will vote to ratify PwC as Nvidia's independent auditor on June 25. NVDA has been lucrative for investors over the past three months, but Redburn analysts continue to see significant further upside in the AI stock. On Monday, they maintained the chips giant at 'Buy,' saying its Q2 earnings release will likely 'confirm rising networking attach rates.' Plus, the quarterly update will indicate 'smooth transition to Blackwell Ultra B300s' and pave the way for Nvidia stock to print a new high by the end of 2025, the investment firm told clients in its research note. Redburn currently has a $178 price target on NVDA shares, which indicates potential for another 25% upside from current levels. Wall Street remains bullish at large heading into NVDA's annual shareholder meeting on June 25. According to Barchart, consensus rating on the company based out of Santa Clara, California remains at 'Strong Buy' with the mean target of about $175 suggesting potential upside of more than 20% from here. On the date of publication, Wajeeh 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 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
11-06-2025
- Business
- Yahoo
Redburn upgrades Yum! Brands to Buy on international footprint
Redburn Atlantic upgraded Yum! Brands (YUM) to Buy from Neutral with a price target of $177, up from $146. The firm says Yum 'presents one of the most compelling setups' in its coverage. With an international footprint that continues to scale and Taco Bell delivering 'outsized' profit and innovation, Yum 'offers both defensive resilience and offensive optionality,' the analyst tells investors in a research note. Redburn believes the company's digital acceleration, diversified formats and 'strong' master franchise system further strengthen its growth algorithm. Yum's valuation looks attractive relative to its fundamentals, the firm contends. 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 YUM: Disclaimer & DisclosureReport an Issue Yum! Brands upgraded to Buy from Neutral at Redburn Atlantic Yum! Brands sues IRS in tax court over $4B tax bill, Bloomberg says Trump says Fed 'must now' lower rates after ADP payrolls report: Morning Buzz Apple downgraded, Snowflake upgraded: Wall Street's top analyst calls Yum! Brands upgraded to Buy from Neutral at Goldman Sachs Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
McDonald's Shares Slip as GLP-1 Risks Spur Rare Sell Rating
(Bloomberg) -- McDonald's Corp. shares slipped on Tuesday after Redburn Atlantic gave the burger chain its sole sell rating, saying shifting consumer patterns due to weight-loss drugs and inflation are cause for concern. Most Read from Bloomberg Shares of McDonald's fell as much as 1.8% to a March low on the downgrade, a two-notch cut from Redburn's previous buy rating. Redburn held a buy rating on the stock since initiating coverage in 2023. As more Americans turn to GLP-1 drugs like Ozempic to lose weight, McDonald's could see as much as a $428 million annual impact to revenue, representing about 1% of system sales, Redburn Atlantic analysts Chris Luyckx and Edward Lewis wrote. 'A 1% drag today could easily build to 10% or more over time, particularly for brands skewed toward lower-income consumers or group occasions.' The analysts also cut the price target on McDonald's to a Street-low $260, implying a more than 13% decline from where the stock closed on Tuesday. Shares have dropped for seven straight days, their longest losing streak in nearly 12 years, after closing just below a record high in mid-May. Redburn's lowered recommendation was just the latest downgrade for the fast-food giant, which was recently knocked down to hold-equivalent ratings at Morgan Stanley, Loop Capital and Erste Group. Analysts remain largely split on the stock, with 22 buy-equivalent ratings, 18 hold-equivalent ratings and an average price target of $332, according to data compiled by Bloomberg. McDonald's US same-stores sales fell 3.6% in the first-quarter of this year, marking the largest decline since 2020 when people were stuck at home during the pandemic. Fast-food restaurants like McDonald's have also seen a decline in traffic in 40 of the past 43 months, according to the analysts. In addition to the McDonald's call, Redburn also launched coverage of Domino's Pizza Inc. with a sell rating, while starting Chipotle Mexican Grill Inc. as a new neutral. YUM! Brands, Inc., which owns popular brands KFC, Taco Bell and Pizza Hut, was raised to buy from neutral given the stock's 'reasonable' valuation. Despite the slump, McDonald's has increased its average transaction amount through pricing, but lower-income consumers are now opting to eat more at home as the price difference between home and restaurant food increases, according to the report.
