Latest news with #WilliamPower
Yahoo
26-06-2025
- Business
- Yahoo
Robert W. Baird Maintains a Buy Rating on Axon Enterprise (AXON), Keeps the PT
Axon Enterprise, Inc. (NASDAQ:AXON) is one of the 12 Best Stocks to Buy and Hold for the Long Term. On June 8, analyst William Power of Robert W. Baird maintained a Buy rating on Axon Enterprise, Inc. (NASDAQ:AXON) with a price target of $800. The maintained bullish sentiment comes after President Donald Trump signed two major executive orders on June 6, aimed at significantly enhancing the commercial use of drones in the United States. William Power noted, that the executive orders to enhance the commercial use of drones significantly improve the strategic position of Axon Enterprise, Inc. (NASDAQ:AXON). This becomes more relevant considering the company's strategic partnership with Skydio to deliver scalable drones as first responders for public safety. Power believes the drone market is expected to grow significantly as regulations will allow more drone operations. A technician in a white coat testing an in-car system on a modern military vehicle. Additionally, Axon Enterprise, Inc. (NASDAQ:AXON) acquired Dedrone last year which also strengthens its capabilities in drone technology and provides its field importance. According to analyst Power, the drone and robotics industries are valued to be worth more than $20 billion, thereby presenting an opportunity for the company to deploy more DFR programs. Axon Enterprise, Inc. (NASDAQ:AXON) is a global technology company focused on public safety. It manufactures and provides various products including TASER energy devices, body and in-car cameras, and cloud-based software for managing digital evidence. While we acknowledge the potential of AXON 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
10-06-2025
- Business
- Business Insider
Snowflake Stock (SNOW) Continues to See Buy Ratings Pour In from Top Analysts
Analysts appear to have a positive view of software stock Snowflake (SNOW), as they see strong growth potential ahead. Indeed, five-star Jefferies analyst Brent Thill recently raised his price target on the stock from $220 to $250 and kept a Buy rating. While Snowflake didn't make any major announcements at its recent user conference, Jefferies noted that the company's quick innovation is driving excitement. One key example is Snowflake Intelligence, which is an early-stage product that is 'generating strong buzz' and could help the company expand its market presence. Confident Investing Starts Here: Separately, five-star analyst William Power from Baird also reiterated a Buy rating on Snowflake and pointed to several reasons for his bullish view. To begin with, the company's new Cortex/ AI product is expected to drive future growth, and Snowflake's focus on improving data access and analytics gives it an edge in today's data-driven world. At the same time, Snowflake is expanding its distribution network and strengthening its sales strategies. Another growth driver is the Gen2 Warehouses offering, which provides faster computing and better pricing. In addition, five-star Stifel Nicolaus analyst Brad Reback shared this optimism and maintained a Buy rating after the user conference. Reback noted that customers and partners are increasingly choosing Snowflake over competitors like Databricks for data science, engineering, and machine learning projects. Customers also gave very positive feedback on Snowpark, and many are excited about Openflow, which is a new tool that could remove the need for older middleware ETL platforms. Finally, Snowflake continues to lead in its core SQL business while gaining traction in newer tech. Is SNOW a Good Buy Right Now? Overall, analysts have a Strong Buy consensus rating on SNOW stock based on 34 Buys, six Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average SNOW price target of $226.74 per share implies 7.6% upside potential.
Yahoo
09-06-2025
- Business
- Yahoo
KeyBanc Initiates Coverage Of Twilio (TWLO) with Overweight Rating
Twilio Inc. (NYSE:TWLO) is one of the 10 tech stocks on Wall Street's radar right now. On June 6, KeyBanc initiated coverage of Twilio Inc. (NYSE:TWLO) with a $146 price target and an Overweight rating as part of the firm's broader look at enterprise software stocks. The firm noted that the company's recent momentum could continue, which could be driven by a sharper focus on its main products and improvements in its go-to-market execution. Over the last month, Twilio's (NYSE:TWLO) stock has gained nearly 15.7%. A software developer in front of a monitor, coding to build the latest internet content & information. Earlier on May 14, Baird analyst William Power reaffirmed a Buy rating on Twilio (NYSE:TWLO) with a $130 price target. The firm had previously cut the price target for the company in April from $160 to $130. Power's view shows confidence in the company's progress in conversational AI and its collaboration with Microsoft. Moreover, tools like ConversationRelay and its integration with Segment are seen as Twilio's (NYSE:TWLO) main strengths. The company's platform upgrades, including new AI and customer data features, signal strong innovation. Twilio (NYSE:TWLO) provides a platform that helps businesses manage customer interactions through messaging, voice, email, and user verification. Furthermore, the company offers tools to personalize experiences using real-time data and AI features. While we acknowledge the potential of TWLO 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. 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
24-05-2025
- Business
- Yahoo
Robert W. Baird's Buy on Zoom (ZM) Driven by Innovation-Led Growth
Following the company's strong Q1 2026 (FY ends in January) results, Robert W. Baird analyst William Power published a note on May 22, highlighting his conviction in Zoom Communications Inc. (NASDAQ:ZM) and Buy rating. The company exhibited a solid performance in Q1, exceeding market expectations across revenue, EPS, and free cash flows. The number of customers contributing more than $100,000 in trailing 12-month revenue, an essential metric for gauging engagement, was up 8.0% year-over-year, implying growing enterprise adoption and sustained customer engagement. Antonio Guillem/ The analyst was particularly encouraged by Zoom's strong traction of its newer products and continued investments in improving customer experience. In his view, the robust results emphasized Zoom's platform's strength and commitment to AI-driven innovation. Power's confidence was further boosted as the company raised its revenue guidance for FY 2026 by around $15 million to $4.80-4.81 billion. The management attributed this hike to better pricing in the online division. Power also acknowledged the company's stock repurchase program and solid financial position to support his optimistic view. The analyst has a $100 price target on Zoom Communications (NASDAQ:ZM). Zoom Communications Inc. (NASDAQ:ZM) is a communications and collaboration technology company best known for its videoconferencing applications, Zoom and Zoom Workplace. Its video-first platform offers a range of communication tools, including video meetings, voice services, webinars, and chat. While we acknowledge the potential of ZM 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 ZM and that has 100x upside potential, check out our report about the cheapest 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. 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
24-05-2025
- Business
- Yahoo
Robert W. Baird's Buy on Zoom (ZM) Driven by Innovation-Led Growth
Following the company's strong Q1 2026 (FY ends in January) results, Robert W. Baird analyst William Power published a note on May 22, highlighting his conviction in Zoom Communications Inc. (NASDAQ:ZM) and Buy rating. The company exhibited a solid performance in Q1, exceeding market expectations across revenue, EPS, and free cash flows. The number of customers contributing more than $100,000 in trailing 12-month revenue, an essential metric for gauging engagement, was up 8.0% year-over-year, implying growing enterprise adoption and sustained customer engagement. Antonio Guillem/ The analyst was particularly encouraged by Zoom's strong traction of its newer products and continued investments in improving customer experience. In his view, the robust results emphasized Zoom's platform's strength and commitment to AI-driven innovation. Power's confidence was further boosted as the company raised its revenue guidance for FY 2026 by around $15 million to $4.80-4.81 billion. The management attributed this hike to better pricing in the online division. Power also acknowledged the company's stock repurchase program and solid financial position to support his optimistic view. The analyst has a $100 price target on Zoom Communications (NASDAQ:ZM). Zoom Communications Inc. (NASDAQ:ZM) is a communications and collaboration technology company best known for its videoconferencing applications, Zoom and Zoom Workplace. Its video-first platform offers a range of communication tools, including video meetings, voice services, webinars, and chat. While we acknowledge the potential of ZM 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 ZM and that has 100x upside potential, check out our report about the cheapest 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. 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
