Latest news with #Sills
Business Insider
15-07-2025
- Business
- Business Insider
‘Don't Miss the Rebound,' Analyst Sees Growth Potential in Salesforce's (NYSE:CRM) Key Business
Bank of America Securities analyst Bradley Sills has reaffirmed a Buy rating on Salesforce (CRM) stock with a price target of $350 (34.3% upside). The positive outlook comes as the analyst anticipates a rebound in growth for Salesforce's largest business, Service Cloud. 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. Importantly, he believes that Service Cloud's growth has hit its lowest point and is now expected to speed up in the upcoming quarters. The analyst noted that Service Cloud's growth in the recent first quarter of Fiscal 2026 slowed to 7% from 9.5% in Q4 Fiscal 2025. But after adjusting for the leap year and rounding, Sills said that the real growth only dipped by about 1%. Looking ahead, Sills projects revenue from Service Cloud to reach $9.7 billion in Fiscal 2026, marking an 8% year-over-year increase. Analyst Sees Growth Ahead In the near term, the analyst anticipates Service Cloud's growth will accelerate to 9% and could potentially move towards 12% over the longer term. Key drivers for this potential growth include Salesforce's add-on offerings and Agentforce upsell. Also, Sills expects Service Cloud to lead the industry in new gains, thanks to its easy-to-use interface, strong customization and analytics, smooth integration across sales and service, and AI-powered innovation from Agentforce. Is CRM a Buy, Hold, or Sell? Turning to Wall Street, CRM stock has a Moderate Buy consensus rating based on 34 Buys, nine Holds, and three Sells assigned in the last three months. At $346.92, the average Salesforce stock price target implies a 32.85% upside potential.
Global News
09-07-2025
- Climate
- Global News
‘Pay attention': Why Southern Ontario is the tornado hotspot of Canada
Summer in Ontario may bring with it warm weather, but last week's Lucan tornado is a reminder that it's also tornado season. Since the start of the year, two tornadoes have touched down in Ontario, one in Lucan on June 30 and the second less than an hour away in Woodstock on May 16. Dave Sills, director of the Northern Tornado Project at the University of Western Ontario, says Ontario is the leading province for tornadoes per year. 'It's these summer months — June, July, August — that's the peak for tornado activity right across Canada, but certainly in southern Ontario, this is the time where you really have to pay attention because tornadoes can happen with all of these storms that we get in this area,' Sills said. The Northern Tornado Project has been operating since 2017, tracking and assessing tornadoes across Canada. Story continues below advertisement There were no injuries reported in the recent Lucan tornado, according to the NTP, which rated the twister as an EF0 tornado with wind speeds reaching as high as 110 kilometres per hour. View image in full screen Lucan, Ont. tornado on June 30, 2025. Photo by Dr. David Sills/Northern Tornadoes Project, Lucan is a small village located about a 30-minute drive north of London and is part of the larger Lucan-Biddulph township. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy This is the second tornado of the year in Ontario, with the first occurring just down the road near Woodstock on May 16. Both are located in what is considered a tornado hot spot, in the southern part of the province. Tornadoes are rated using the Enhanced Fujita (EF) scale, which ranges from EF0 to EF5, with EF5 being the most intense. In Canada, the aim is to give people at least a 10-minute warning before a tornado hits so they can seek shelter in time. Story continues below advertisement Every year, the NTP rates Canada's warning preparedness with a report card. Its most recent report card for 2023 to 2024 gave an overall rating of 60.7 per cent. While the goal for the organization is for Canada to be at 100 per cent, Sills said this is a noticeable increase from years past, with 2019 to 2021 scoring a failing grade of 37.5 per cent. The most recent report card from the organization found that in 80 per cent of cases, it was able to issue tornado watches at least six hours before, and tornado warnings were issued 10 minutes before one struck 60 per cent of the time. How alerts work Tornado warnings are issued by Environment Canada through the Alert Ready system, which pushes notifications to all cellphones in the area and has the ability to take over radio and TV signals. Story continues below advertisement 'There were still some people in the Lucan event that said they'd never got a warning on their phone. It still seems to be somewhat dependent on the network they're on and the kind of phone they have and these kinds of things,' Sills said. 'Obviously there's still some kinks in the system that need to be ironed out, but this has come so far from 10 to 20 years ago.' Sills says while radar is used to track when a tornado can occur, Environment Canada also needs people to report a tornado when they see it forming in order to alert the wider community. Pointing to the Lucan tornado, Sills said it turned out a lot of people saw the storm, took pictures and video, but did not report to Environment Canada. 'Unless people contact Environment Canada about what they're seeing, as they're seeing it, they really have a hard time reacting quickly to a tornado kind of situation,' he said. People can report a tornado by calling Environment Canada, emailing ONstorm@ or using the #ONstorm on X. Regardless, Sills warns people who see a tornado or receive an alert to act fast. 'If a tornado warning is issued, that means that a tornado was either occurring or Doppler radar is showing that it's imminent, so that means you should get to shelter as soon as possible,' Sills said. Story continues below advertisement To stay safe from a tornado, it's recommended people stay away from windows and doors to avoid debris flying through the air and when possible, seek shelter in a basement. 'A lot of times we get people sending us videos of them using their cellphone camera to record a tornado coming straight at them with debris in the air, so this is not recommended,' Sills warns. 'Take it seriously.' — with files from Global News' Kevin Nielsen
Yahoo
03-07-2025
- Business
- Yahoo
BofA Reiterates Buy Rating on Adobe Stock, Keeps PT at $475
Adobe Inc. (NASDAQ:ADBE) is one of the . On June 26, BofA reiterated its Buy rating on Adobe Inc. stock, keeping the price target at $475. Bradley Sills remains optimistic about Adobe's prospects, citing the company's strategic positioning and strong financial results during Q2 2025. The company achieved record revenue of $5.87 billion, up 11% year-over-year and beating estimates by $73.73 million. The company's Digital Media segment recorded $4.35 billion in revenue, indicating a 12% year-over-year growth in ARR. Adobe's AI initiatives, such as Acrobat AI Assistant and Firefly, are massively contributing to revenue, with AI-driven ARR tracking ahead of the $250 million target of 2025. The analyst believes that Adobe Inc. (NASDAQ:ADBE) is in the early stages of the agentic AI cycle, which is expected to improve its competitive edge in the creative professional market. Adobe's growth in AI-influenced products will further strengthen its core offerings and expand its market reach. Sills sees Adobe's commitment to data governance and security to be key for its cloud capabilities and integration with third-party models. Adobe Inc. (NASDAQ:ADBE) is a technology company that offers creator tools and services to individuals, teams, and enterprises to create, publish, and promote content. Adobe is evolving into an AI-driven company through its generative AI tools. While we acknowledge the potential of ADBE 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.
Business Insider
21-06-2025
- Business
- Business Insider
CRWV vs. PLTR vs. NVDA: Which Is the Best AI Stock to Buy Now, According to Analysts?
The stock market remains volatile due to geopolitical tensions and macro uncertainty, raising concerns about a potential slowdown in AI (artificial intelligence) spending. Nonetheless, Wall Street remains confident about several AI stocks, given the massive growth opportunity in the generative AI space over the long term. Using TipRanks' Stock Comparison Tool, we placed CoreWeave (CRWV), Palantir Technologies (PLTR), and Nvidia (NVDA) against each other to find the best AI stock, according to Wall Street analysts. Confident Investing Starts Here: CoreWeave (NASDAQ:CRWV) Stock CoreWeave, a cloud provider that specializes in AI infrastructure, is experiencing strong traction for its offerings amid the ongoing AI boom. The company has been in the news for its strategic deals. Notably, CoreWeave struck a $11.9 billion 5-year cloud computing contract with ChatGPT-maker OpenAI. The two AI companies also signed an expanded agreement of up to $4 billion to meet the growing demand for high-performance computing. Furthermore, CoreWeave is reportedly powering the recently announced cloud deal between Alphabet's Google (GOOGL) and OpenAI. CRWV stock has rallied by a staggering 359% from its IPO (initial public offering) price of $40. Is CRWV a Good Stock to Buy? Recently, Bank of America analyst Bradley Sills downgraded CoreWeave stock to Hold from Buy on valuation concerns, following the stellar rally in the AI infrastructure stock in reaction to the Q1 earnings. The 4-star analyst highlighted that CRWV stock is trading at an elevated valuation of 2027 EV/EBIT (enterprise value-to-earnings before interest and taxes) of 25x. While Sills noted several positives, like the expansion of CoreWeave's partnership with OpenAI and impressive revenue momentum, he pointed out the company's huge capital expenditure ($46.1 billion through 2027). Consequently, the analyst expects $21 billion of negative free cash flow through 2027. Turning to Wall Street, CoreWeave stock scores a Moderate Buy consensus rating based on six Buys, 11 Holds, and one Sell recommendation. The average CRWV stock price target of $78.53 indicates a significant downside risk of 57.2% from current levels. Palantir Technologies (NASDAQ:PLTR) Stock Data analytics company Palantir Technologies is considered one of the hottest AI stocks. PLTR stock has rallied more than 81% so far in 2025. The company's revenue is growing at a rapid pace across its Government and Commercial businesses. Palantir's AIP (Artificial Intelligence Platform) offering is bolstering its business. Palantir's market-beating first-quarter results reinforced the strength of its AI-powered offerings. Notably, Q1 2025 revenue increased by 39% year-over-year to $884 million, while adjusted EPS (earnings per share) jumped 62%. Additionally, the company raised its full-year guidance, as it believes that it is in the 'middle of a tectonic shift' in the adoption of its software, mainly in the U.S. Is Palantir Stock a Buy? While several analysts are cautious on Palantir stock due to its lofty valuation, Loop Capital analyst Mark Schappel reiterated a Buy rating and boosted the price target from $130 to a Street-high of $150. Following a meeting with management, the 5-star analyst stated that he is more convinced about PLTR's AI growth story and his bullish investment thesis. Schappel believes that Palantir is an early software leader in enterprise AI, which he thinks is at a 'tipping point,' as small-scale pilots move into production and AI use cases increase exponentially across all industries. Trading at 48x EV/2027 revenue, the analyst agrees that PLTR stock is 'not for the faint of heart.' That said, he contends that investors should look at the big picture, which indicates that Palantir is exposed to a massive AI opportunity. With 10 Holds, three Buys, and four Sells, Wall Street has a Hold consensus rating on Palantir Technologies stock. The average PLTR stock price forecast of $104.27 indicates a possible downside of 24.1% from current levels. Nvidia (NASDAQ:NVDA) Stock After a tough start to the year due to concerns about rising competition in the AI space, chip export restrictions, and tariff woes, Nvidia stock has recovered 21% over the past three months and is up 7.1% year-to-date. While uncertainty around chip exports and competition from custom AI chips remain an overhang, the semiconductor giant continues to gain from robust demand for its GPUs (graphics processing units) in the AI space, as reflected in the market-beating first-quarter results. Looking ahead, the demand for NVDA's Blackwell platform is expected to boost its top-line growth. Moreover, the company's focus on 'sovereign AI,' which it defines as a country's ability to develop and deploy AI, could drive its revenue higher. In this regard, Nvidia's lucrative deals, like the recently announced agreement with Saudi Arabia and Germany, are worth noting. Is Nvidia Stock a Buy, Hold, or Sell? Earlier this month, Bank of America Securities analyst Vivek Arya reiterated a Buy rating on Nvidia stock with a price target of $180. Following a meeting with management, the 5-star analyst noted that the tone of the team was very positive regarding demand for Nvidia's products and continued customer interest across cloud and enterprise, backed by a full-scale supply ramp. Arya believes that management addressed three key investor debates that have been weighing on NVDA stock over the past year – Blackwell rack ramp and execution, AI diffusion and sovereign demand, and China AI shipments. The analyst stated that Nvidia stock remains a top sector pick for Bank of America, as it is 'best positioned' to benefit from the ongoing AI boom, bolstered by a multi-year lead in 'performance (AI scaling), pipeline, incumbency, scale, and developer support.' Despite near-term challenges, Wall Street has a Strong Buy consensus rating on Nvidia stock based on 35 Buys, four Holds, and one Sell recommendation. The average NVDA stock price target of $173.19 indicates 20.4% upside potential from current levels. Conclusion Wall Street is highly bullish on Nvidia stock, cautiously optimistic on CoreWeave, and sidelined on Palantir stock. Currently, analysts forecast further upside in chip giant Nvidia's stock while they see possible downside risk in the other two AI stocks. The optimism of most analysts on Nvidia stock is backed by its strong fundamentals, robust demand for its AI chips, continued innovation, and solid execution.
Yahoo
19-06-2025
- Business
- Yahoo
Trending tickers: Tesla, CoreWeave, CrowdStrike, Airbus and AO World
Shares in Tesla fell nearly 4% on Tuesday, after Wells Fargo warned of weak second quarter deliveries and concerns about a threat to its free cash flow. Wells Fargo is expecting Tesla's Q2 deliveries to be down 21% versus a year ago, with the bank's 343,000 estimate around 17% below the consensus. In a note to clients, Wells Fargo's Colin Langan wrote: "New Model Y appears weak given inventory building & promotions. There is also no update on the affordable model, the only driver of 2H [second half of the year] volumes." Read more: FTSE 100 LIVE: Stocks rise as UK inflation slows ahead of Bank of England decision "Order px [pricing] is stable, though financing promos & inventory discounts continue. We expect lower margin q/q due to px." Langan's analysis showed that Tesla's free cash flow was at risk of going into the red in 2025 due to different factors, including lower deliveries, as well as pricing and tariffs. 'We now forecast FCF [free cash flow] burn of $1.9bn (£1.4bn), the first FCF FY since 2018," the note said. Tesla shares were back up nearly 1% in pre-market trading on Wednesday morning, though the stock is still down nearly 10% over the past month. Shares in Nvidia (NVDA)-backed artificial intelligence cloud computing company CoreWeave (CRWV) surged 8.5% on Tuesday and were up another 2% in pre-market trading on Wednesday. The stock's rise came after Bank of America analyst Brad Sills on Monday downgraded CoreWeave but set his price target on shares to a new Wall Street high. Read more: Oil prices ease but remain at four-month high amid Iran-Israel conflict Sills lowered his rating on CoreWeave to "neutral" from "buy", citing a high valuation and pointed out that it was trading on 27 times its projected 2027 earnings but highlighted its significant debt. However, Sills still lifted his price outlook on the stock to $185 from $76, which is the highest among Wall Street analysts tracked by Bloomberg. "[W]e see solid sustained demand in CoreWeave's AI infrastructure market," Sills wrote. Cybersecurity firm CrowdStrike (CRWD) hit at a fresh all-time high on Tuesday, with a closing share price of $492.03, with the stock hovering just above the flatline in pre-market trading on Wednesday. CrowdStrike announced on Monday that it had joined forces with Amazon (AMZN) Web Services (AWS) to provide a program for security incident response. Read more: Stocks that are trending today The company said that its new program offered "AI-powered incident response to help organisations respond to incidents faster, reduce risk, and strengthen their cloud security posture, while providing joint customers significant cost savings and a seamlessly integrated security workflow." Shares rebounded from a fall earlier in June on the back of CrowdStrike's first quarter results. The company posted adjusted earnings per share of $0.73 for the quarter, compared to a Bloomberg consensus estimate of $0.66, while revenue of $1.1bn was in line with expectations. On the Paris bourse, shares in Airbus ( were up 2.6% on Wednesday morning, after the aeronautics and space company reaffirmed its 2025 guidance. Airbus said in a statement on Wednesday, it extended the upper range of its dividend payout ratio to 30% to 50% from the current ratio of 30% to 40%. Stocks: Create your watchlist and portfolio The company also said it would keep its 2025 guidance unchanged. In its first quarter results, published at the end of April, Airbus said it was targeting adjusted earnings before interest and tax of around €7bn (£5.98bn). Shares rose after the release of its first quarter results, though the stock is up just 6.5% year-to-date. On the London market, shares in AO World (AO.L) were down nearly 3%, after the online electronics retailer flagged higher inflation costs. AO said that the largest increase in operational costs had been from those relating to employment and warned that this would only rise further in the 2026 fiscal year because of the changes to the minimum wage and employer national insurance contributions, which were announced in the autumn budget. "We anticipate that this is likely to continue for the next few years, and so we will increasingly look to mitigate these costs through automation, outsourcing and offshoring," AO said. However, in its full-year results, released on Wednesday, AO said revenue rose 9% to £1.14bn ($1.53bn), while adjusted profit before tax came was up 27% to £44m. Read more: UK inflation slows to 3.4% in May as transport costs ease Russ Mould, investment director at AJ Bell, said: "AO has rediscovered its spark, hoovering up a significant number of new customers and growing profits fast. More than 650,000 people bought from the electricals retailer for the first time over the past year, while repeat customers accounted for over 60% of orders. That suggests AO is doing something right with both marketing and service. "At face value, everything looks good until you dig into the numbers. The mobile arm continues to be problematic and that's acting as an anchor on the business." Mould added: "Costs are another headwind for AO and they're only going to get worse. Furthermore, potential legislative changes could create more problems if retailers are forced to take back a customer's old electrical product for free when they deliver a new one." Read more: Why the UK's AIM is struggling 30 years on What you need to know about UK's private stock market Pisces This under-claimed benefit could help boost your pensionError 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
