Latest news with #YoussefSquali
Yahoo
05-07-2025
- Business
- Yahoo
Why Wall Street Still Trusts Alphabet's (GOOGL) Google Search, Even With ChatGPT on the Rise
Alphabet Inc. (NASDAQ:GOOGL) is one of the . On July 2, Truist Securities analyst Youssef Squali reiterated a Buy rating on the stock with a $200.00 price target. The firm is optimistic about Alphabet's upcoming quarterly results as well as its long-term prospects in artificial intelligence. Squali anticipates continued growth across Alphabet's business units, which include search. This is despite investor concerns over Alphabet's search future as new artificial intelligence tools like Perplexity AI and OpenAI's ChatGPT have taken up web traffic that used to go through traditional search engines. Squali expects year-over-year search revenue growth of 8% for the second quarter, which is down from 10% growth in the previous quarter. However, this isn't a significant downfall. 'We believe Google's Search remains one of the most important customer acquisition and growth channels for most advertisers.' A similar growth deceleration is anticipated for Alphabet's YouTube advertising and cloud services segments, which isn't something to be extremely worried about. The real cause of concern is whether Google can sustain its dominance in search. Squali quoted a May report from enterprise SEO company BrightEdge, stating that Google still accounts for more than 90% of the internet search market. Moreover, Google's own AI tool Gemini, is growing strong, which should help the company as AI search expands. 'AI Search remains Google's war to lose.' While we acknowledge the potential of GOOGL 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. Sign in to access your portfolio
Yahoo
03-07-2025
- Business
- Yahoo
Truist Lifts Amazon Target to $250 Ahead of Q2
Truist's Youssef Squali just nudged his Amazon (NASDAQ:AMZN) price target up from $226 to $250, and it makes sense when you look at the numbers. He's forecasting Q2 sales of about $164 billionroughly an 11% jump from a year agothat even outpaces both Wall Street's $162 billion consensus and Amazon's own guidance range. Warning! GuruFocus has detected 4 Warning Sign with AMZN. North America is carrying most of the load, with almost $100 billion in revenue thanks to steady consumer spending (think fewer worries about tariffs and macro headwinds) and a currency tailwind as the dollar softens. On the international side, Squali bumped his forecast to $33.8 billion, up about 7% year-over-year, thanks largely to those same FX gains. And don't sleep on AWS: he sees cloud sales hitting $30.7 billion, driven by traditional services and a big push in generative AIand even with the extra AI investments, margins should stay in the mid-to-high 30% range, not far off last quarter's record 39.5%. All that adds up to around 14% upside if Amazon hits $250 a shareenough for Squali to stick with a Buy. This article first appeared on GuruFocus. 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
Business Insider
03-07-2025
- Business
- Business Insider
Amazon Stock (AMZN) Gets a Price Target Boost Ahead of Earnings
The stock of e-commerce giant Amazon (AMZN) has received a price target boost ahead of the company's upcoming second-quarter financial results. Don't Miss TipRanks' Half-Year Sale 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. Youssef Squali, a four-star rated analyst at Truist Securities (TFC), raised his price target on AMZN stock to $250 from $226, which is 13% higher than the stock's closing price of $220.46 on July 2. Squali also reiterated a Buy rating on the shares. In a note to clients, Squali wrote that he expects Amazon to report strong Q2 results, driven by a resilient North American consumer 'virtually unaffected by the macro or tariffs so far.' AMZN stock is flat on the year as investors worry that consumers have pulled back their spending amid ongoing tariff uncertainty. Mixed Messages So far, the data and messaging on tariff impacts has been mixed. Amazon CEO Andy Jassy said in a CNBC interview recently that the online retailer has 'so far not seen prices appreciably go up… We did a lot of forward buying several months ago, and then a lot of our sellers—our third-party selling partners—forward deployed a lot of inventory to avoid some of the issues with the uncertainty around tariffs.' However, a new survey from privately held Alix Partners concludes that e-commerce is experiencing its most disruptive period in more than 10 years as online shopping activity nosedives due to U.S. President Donald Trump's tariff policies. Many on Wall Street are eagerly awaiting the Q2 print from Amazon and other retailers to gauge the true impact of President Trump's tariff regime. Amazon is expected to report its Q2 financials on or around July 31. The stock is up less than 1% this year. Is AMZN Stock a Buy? average Amazon price target of $243.32 implies 10.64% upside from current levels.
Yahoo
26-06-2025
- Business
- Yahoo
Truist Financial Lowers PT on LendingTree (TREE) to $60, Retains a Buy Rating
LendingTree, Inc. (NASDAQ:TREE) is one of the 13 Small Cap Stocks Analysts Are Bullish On. In a report released on May 5, Youssef Squali from Truist Financial maintained a Buy rating on LendingTree, Inc. (NASDAQ:TREE), lowering the firm's price target to $60 from $72. The rating update came after the company reported 'mixed' fiscal Q1 2025 results and guidance. A happily married couple discussing the merits of different home equity loan options. Truist Financial expressed optimistic sentiments for the stock, stating that factors like LendingTree, Inc.'s (NASDAQ:TREE) well-diversified revenue base, scale, and valuation make it a lucrative play amid the ongoing recovery in Insurance. The analyst told investors in a research note that the firm also expects the Home and Consumer segment to undergo recovery over time as rates normalize. LendingTree, Inc.'s (NASDAQ:TREE) balance sheet is another factor supporting the positive rating, as it is adequate to support the current business, according to the analyst. LendingTree, Inc. (NASDAQ:TREE) operates an online loan marketplace for consumers looking for loans and other credit-based offerings. The company's operations are divided into three segments: Home, Consumer, and Insurance. While we acknowledge the potential of TREE 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
Business Insider
25-06-2025
- Business
- Business Insider
Truist Financial Sticks to Their Buy Rating for Etsy (ETSY)
Truist Financial analyst Youssef Squali maintained a Buy rating on Etsy (ETSY – Research Report) yesterday and set a price target of $60.00. The company's shares closed yesterday at $53.37. 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 Squali covers the Communication Services sector, focusing on stocks such as DoorDash, Alphabet Class A, and Meta Platforms. According to TipRanks, Squali has an average return of 1.4% and a 45.74% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for Etsy with a $48.60 average price target. ETSY market cap is currently $5.86B and has a P/E ratio of 38.30. Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ETSY in relation to earlier this year. Last month, Richard Edward III Colburn, the CTO of ETSY sold 2,350.00 shares for a total of $110,473.50.
