Latest news with #Street-high
Business Insider
7 hours ago
- Business
- Business Insider
All Eyes on Microsoft Stock Ahead of Earnings; Here's What Citi Expects
Microsoft (NASDAQ:MSFT) stock has been one of the strongest performers among the Magnificent 7 this year, driven by investors' confidence in the company's AI positioning. That optimism will be put to the test tomorrow when the tech giant reports its latest quarterly results after the market closes. 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. Citi's Tyler Radke is among those expecting a solid showing. The analyst believes the setup points to 'another strong quarter of positive revisions and upside to Q4+Q1 Azure numbers.' His conviction is rooted in a proprietary reseller survey (conducted alongside Citi's Research Innovation Lab), which revealed strong end-of-quarter trends and upbeat channel feedback. According to the survey, both trailing and forward twelve‑month growth rates rebounded to the high-teens year-over-year, marking a record pace. Resellers also reported one of their best quota achievement rates in recent years, with Azure AI standing out as the 'top driver of growth.' Customer and partner feedback throughout the quarter was equally optimistic, citing robust E5 expansions and a number of significant M365 CoPilot deals, though there were some signs of a slower overall pace in larger transactions. With those positive trends in tow, Radke anticipates at least 'modest beats' of one to two points across most top-line KPIs, particularly Azure consumption, which could see a 'slight reacceleration' to 36–37% YoYcc in FQ4. However, the analyst cautions that the upside may be somewhat muted compared to last quarter, given Q3's 'one-time capacity ramps.' Still, profitability is expected to tick higher, especially in the guidance, helped by recent workforce reductions. Looking ahead to F1Q, Radke forecasts Azure growth holding steady near 36%, slightly ahead of consensus, while FY26 CapEx guidance is likely to reflect ongoing investment discipline. In fact, the analyst has nudged his FY26 CapEx estimate up to $97 billion, representing about 11% y/y growth, which he believes will fuel a faster Azure and AI revenue ramp. His FY26 Azure growth forecast stands at 36%cc or higher, outpacing the 33.1% consensus. Beyond Azure, Radke also sees strength in other key segments: Productivity and Business Processes (PBP) gets a boost from Dynamics, while More Personal Computing (MPC) is riding a healthier recovery in the commercial PC market. Summing up his view, Radke called Microsoft stock his 'top pick,' citing its unmatched AI exposure, durable business model, and exceptional long-term pricing and margin power. Ahead of the print, Radke assigns MSFT a Buy rating and Street-high $613 price target, implying a potential 12-month return of ~20%. (To watch Radke's track record, click here) Elsewhere on the Street, sentiment remains bullish. With 30 additional Buy ratings and only 3 Holds, the consensus view stands at Strong Buy. Based on the $558.71 average price target, Microsoft shares are projected to climb another 9% over the coming year. (See MSFT stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
18 hours ago
- Business
- Yahoo
As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here?
SoFi (SOFI) shares are up well over 10% at the time of writing after the neobank said a 64% year-over-year increase in loan originations helped it come handily above Street estimates in its Q2. Investors are cheering SOFI shares this morning also because management raised its already lofty full-year guidance, signaling continued robust demand for the firm's banking and lending solutions. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Including today's rally, SoFi stock is up roughly 180% versus its year-to-date low set in early April. SoFi Stock is Benefitting From Revenue Diversification SOFI added another 850,000 new members and noted a 72% year-over-year increase in its fee-based revenue in the second quarter, indicating strong platform engagement and growing demand for its non-interest income services. The company's strong Q2 numbers reflect successful cross-selling, improved customer acquisition strategies, and increasing brand relevance among digitally native consumers. Moreover, continued increase in fee-based revenue that now contributes about 44% to the top line signals revenue diversification, reducing reliance on lending margins and adding resilience to profitability. Overall, the earnings release underscores operational momentum and reinforces confidence in its scalable fintech model, which may help SOFI shares extend gains further in the back half of 2025. SOFI Shares Are Trading at a Premium Valuation While the Q2 results bode well for SoFi shares, BTIG analyst Vincent Caintic recommends pulling out of them as much of the good news may already be priced in at current levels. To be fair, the fintech stock is going for a forward price-earnings multiple (P/E) of nearly 77x at the time of writing, much higher than some AI stocks, even including Nvidia (NVDA) at 43x only. Note that BTIG currently rates the financial technology company at 'Hold' only. Wall Street Recommends Caution on SoFi Technologies Investors should tread with caution on SOFI shares also because they are already trading near the Street-high price target of $27. According to Barchart, the consensus rating on SoFi stock currently sits at 'Hold' only with the mean target of about $17 indicating potential downside of well over 30% 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
a day ago
- Business
- Yahoo
Do Wall Street Analysts Like Paramount Global Stock?
New York-based Paramount Global (PARA) is a leading media, streaming, and entertainment company offering television, film production, and digital content across various global platforms. With a market cap of $8.8 billion, the company owns a diverse portfolio of entertainment brands and provides streaming services, including Paramount+, Pluto TV, BET+, and Noggin. Shares of this entertainment giant have underperformed the broader market over the past year. PARA has gained 16.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17.1%. However, in 2025, PARA stock is up 24.7%, surpassing the SPX's 8.6% fall on a YTD basis. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Similarly, PARA has trailed the Communication Services Select Sector SPDR ETF (XLC), which has gained about 27.9% over the past year. However, PARA's double-digit returns on a YTD basis outshine the ETF's 10.6% rally over the same time frame. Paramount shares rose over 1% in pre-market trading on July 25, after receiving Federal Communications Commission's (FCC) approval for the company's merger with Skydance Media. This approval marks a significant step forward in the proposed deal, which aims to combine Paramount's extensive content library and global distribution network with Skydance's innovative production capabilities and strong track record in film and television. For fiscal 2025, ending in December, analysts expect PARA's EPS to decline 15.6% year over year to $1.30 on a diluted basis. The company's earnings surprise history is mixed. It beat the consensus estimate in three of the last four quarters, while missing the forecast on another occasion. Among the 23 analysts covering PARA stock, the consensus is a 'Moderate Sell.' That's based on two 'Strong Buy' ratings, 11 'Holds,' and 10 'Strong Sells.' This configuration is more bearish than three months ago, with three analysts suggesting a 'Strong Buy.' On Jul. 28, Seaport Global Securities downgraded Paramount Global from 'Neutral' to 'Sell,' setting a price target of $11 ahead of its August 7 merger with Skydance. The firm cautions that PARA shares may give back recent merger-driven gains after the deal closes. The company will begin trading under the new ticker PSKY post-merger. While PARA currently trades above its average mean price target of $11.67, its Street-high price target of $16 suggests an ambitious upside potential of 22.7%. On the date of publication, Kritika Sarmah 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 Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Nvidia (NVDA) Named a Top Pick Ahead of Earnings, Says Morgan Stanley
NVIDIA Corporation (NASDAQ:NVDA) is one of the . On July 22, Morgan Stanley reiterated the stock as 'Overweight,' stating that Nvidia is a top idea heading into earnings in August. 'Expecting the pace of revenue and EPS upside to accelerate on the earnings report, driving compelling risk reward into the quarter.' Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $185 implies a 10.8% upside; however, the Street-high target of $250 implies an upside of 49%. A financial analyst on a business call, studying a portfolio of stocks. NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, providing high-performance GPUs and platforms that power data centers, autonomous vehicles, robotics, and cloud services. 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: and Disclosure: None.
Yahoo
16-07-2025
- Business
- Yahoo
Wedbush Reaffirms Outperform on Nvidia (NVDA) — AI Demand Remains Strong
NVIDIA Corporation (NASDAQ:NVDA) is a . On July 11, Wedbush reiterated the stock as 'Outperform'. The firm said its checks show high demand for Nvidia products. 'We saw demand for both NVDA GPUs [graphics processing unit] and AI accelerators lifting.' Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $175 implies a 6% upside; however, the Street-high target of $250 implies an upside of 52%. In other news, Nvidia CEO Jensen Huang will be holding a media briefing in Beijing on July 16. The meeting marks his second visit to the country after his trip in April, where he highlighted the importance of the Chinese market. NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, providing high-performance GPUs and platforms that power data centers, autonomous vehicles, robotics, and cloud services. 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: 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
