Latest news with #RothMKM
Business Insider
3 days ago
- Business
- Business Insider
Celsius Holdings (CELH) Gets a Buy from Roth MKM
Roth MKM analyst Sean McGowan maintained a Buy rating on Celsius Holdings (CELH – Research Report) today and set a price target of $52.00. The company's shares closed yesterday at $45.47. Confident Investing Starts Here: 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 According to TipRanks, McGowan is ranked #821 out of 9622 analysts. Currently, the analyst consensus on Celsius Holdings is a Moderate Buy with an average price target of $45.86, representing a 0.86% upside. In a report released on June 18, TD Cowen also upgraded the stock to a Buy with a $55.00 price target. The company has a one-year high of $61.25 and a one-year low of $21.10. Currently, Celsius Holdings has an average volume of 7.62M.
Yahoo
5 days ago
- Business
- Yahoo
Top Analyst Sees Surprising Hardware Upside for D-Wave Stock
D-Wave Quantum (NYSE:QBTS) gains steam as Roth MKM's Sujeeva De Silva reaffirms a Buy rating and an $18 price target, implying roughly 15 percent upside. De Silva points to accelerating traction in D-Wave's hardware businessmost notably the Advantage 2 quantum systemas the key catalyst. Warning! GuruFocus has detected 3 Warning Signs with QBTS. Revenue impact is still nascent, but the potential for $20 million-plus per unit in hardware sales marks a major leap from cloud-only offerings. D-Wave's first-ever hardware sale to Germany's Julich, valued in the tens of millions, came just six months ago; now a second deal with Yonsei University and the city of Incheon could close shortly. If Yonsei proceeds, it would signal growing enterprise confidence and unlock new, higher-value revenue streams beyond D-Wave's core cloud services. On valuation, De Silva's $18 target values QBTS at about 100 times projected 2026 saleswell above the industry average of 12 timesbut he argues the premium is justified if hardware deals accelerate. He highlights that customers' shift from experimental cloud trials to committed Advantage 2 purchases shows real-world value in D-Wave's quantum roadmap. De Silva also notes that expanding partnerships in biotech and materials science in South Korea underscore broader market interest. Why It Matters: Hardware sales could drive material revenue growth and help validate D-Wave's long-term quantum business model. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
20-06-2025
- Business
- Yahoo
Roth MKM Remains Bullish on IREN Limited (IREN)
IREN Limited (NASDAQ:IREN) is one of the 13 Crypto Stocks with the Highest Upside Potential. In a report released on June 17, Darren Aftahi from Roth MKM maintained a Buy rating on IREN Limited (NASDAQ:IREN) with a price target of $20.75. The company's May report showed record revenue and hardware profit, reporting $1.6 million in daily hardware profit and $67 million in monthly revenue. It is on track for 50 EH/s by June 30 and is executing on its Horizon 1 AI Data Center at pace, set for delivery in Q4 2025. A table full of technology, with bitcoin mining rigs and a laptop showing a financial graph. IREN Limited (NASDAQ:IREN) also reported positive fiscal Q3 2025 results, with record revenues of $148.1 million compared to $119.6 million in fiscal Q2 2025. The company reported a 24% growth in Bitcoin mining revenue to $141.2 million and a notable 33% rise in AI Cloud services revenue to $3.6 million. IREN Limited (NASDAQ:IREN) mined 1,514 Bitcoin in the quarter compared to 1,347 Bitcoin in fiscal Q2 2025, supported by growth in operating hash rate. Formerly known as Iris Energy Limited, IREN Limited (NASDAQ:IREN) is an Australia-based company that owns and operates renewable energy-powered data centers. Its facilities are specially optimized for Bitcoin mining, AI cloud services, and other power-dense computing. While we acknowledge the potential of IREN 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.
Business Insider
18-06-2025
- Business
- Business Insider
Roth MKM Remains a Buy on Talos Energy (TALO)
In a report released today, Leo Mariani from Roth MKM maintained a Buy rating on Talos Energy (TALO – Research Report), with a price target of $11.00. The company's shares closed today at $9.50. Confident Investing Starts Here: 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 According to TipRanks, Mariani is a top 100 analyst with an average return of 27.9% and a 63.82% success rate. Mariani covers the Energy sector, focusing on stocks such as Matador Resources, Occidental Petroleum, and Diamondback. Talos Energy has an analyst consensus of Strong Buy, with a price target consensus of $12.63, a 32.95% upside from current levels. In a report released yesterday, Capital One Financial also initiated coverage with a Buy rating on the stock with a $14.00 price target.
Business Insider
17-06-2025
- Business
- Business Insider
Roth MKM Keeps Their Buy Rating on ReNew Energy Global (RNW)
In a report released today, Justin Clare from Roth MKM maintained a Buy rating on ReNew Energy Global (RNW – Research Report), with a price target of $7.50. The company's shares closed today at $7.06. Confident Investing Starts Here: 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 Clare covers the Utilities sector, focusing on stocks such as Enlight Renewable Energy, Energy Vault Holdings, and Fluence Energy. According to TipRanks, Clare has an average return of -5.8% and a 49.18% success rate on recommended stocks. Currently, the analyst consensus on ReNew Energy Global is a Moderate Buy with an average price target of $7.96. The company has a one-year high of $7.49 and a one-year low of $5.15. Currently, ReNew Energy Global has an average volume of 727.4K.
