Latest news with #stockupgrade
Yahoo
4 days ago
- Business
- Yahoo
Nike Shares Jump On JPMorgan Upgrade
Nike (NYSE:NKE) popped 4% on Monday after JPMorgan upgraded it to Buy and raised its price target to $93, signaling over 18% upside. Analyst Matthew Boss says inventory levels are finally normalizing and retail demand is picking upcritical after heavy discounting squeezed margins. He now forecasts operating margins climbing to 10% by fiscal 2028 from 5.3% in fiscal 2026 and bumped his EPS estimate for fiscal 2026 to $1.32 from $1.07. Warning! GuruFocus has detected 7 Warning Sign with NKE. J.P. Morgan believes revenue growth will accelerate in H2 fiscal 2026 and into fiscal 2027 as channel inventories clear and new running and basketball launches draw consumer interest. North American and European retailers are already boosting reorders for upcoming seasons, pointing to healthier year?over?year comps ahead. Why it matters: Margin expansion and inventory drawdown could be the catalysts Nike needs to sustain gains. Investors will be watching Nike's Q4 fiscal 2025 update for confirmation that the turnaround thesis is taking hold. This article first appeared on GuruFocus.
Globe and Mail
4 days ago
- Business
- Globe and Mail
Why Nike Stock Just Popped
Key Points JPMorgan analyst Matthew Boss just upgraded Nike stock to buy. Nike's capable of growing earnings 20% a year over the next five years, says this banker. That's nearly twice the rate of growth most analysts forecast for Nike. 10 stocks we like better than Nike › Nike (NYSE: NKE) ran up 3% through 10:05 a.m. ET Monday morning after JPMorgan analyst Matthew Boss upgraded the stock to overweight and raised his price target on the shoes and sportswear star to $93 a share. Why JPMorgan likes Nike Citing its own "fieldwork" on the stock, as well as conversations with management and SEC filings, Boss is raising his earnings forecasts for Nike in 2026 and 2027. He's predicting the company will grow earnings in the "high-teens to 20%" over the next five years, reports Management, says the analyst, is seeing "accelerating momentum within global wholesale orderbooks" and is aligning its inventory levels to support sales-growth trends. This should be completed by halfway through 2026. Boss also cited multiple trends that should result in stronger average selling prices in the running, global footwear, basketball, and training markets, leading to potentially a doubling of operating profit margins (to 10%) by 2028. Longer term, Boss sees a path to Nike regaining pre-pandemic profit margins of 12% and even 13%. Is Nike stock a buy? Nike's not a bad business. To the contrary, it's a steady performer, and most analysts predict Nike is capable of growing earnings at least 11% annually over the next five years. The problem is that, at its current valuation of 35 times earnings, 11% growth might not be enough to justify such a high valuation. JPMorgan's analyst holds out the hope, though, that Nike might grow nearly twice as fast as that -- 20%. Problem is, even 20% growth on a 35x-earnings stock works out to a price-to-earnings ratio of 1.75. That's still too high a price to pay for Nike. Even if this analyst is right about Nike's growth prospects, I think the stock is still a sell. Should you invest $1,000 in Nike right now? Before you buy stock in Nike, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nike wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 28, 2025
Yahoo
22-07-2025
- Business
- Yahoo
CooperCompanies (COO) Stock Trades Up, Here Is Why
What Happened? Shares of medical device company CooperCompanies (NASDAQ:COO) jumped 3.4% in the morning session after analysts at BNP Paribas Exane upgraded the stock. The firm raised its rating on CooperCompanies from "neutral" to "outperform" and increased its price target to $92 from $76. This new target suggests a potential upside of nearly 29% from the stock's previous closing price. An analyst upgrade from a notable financial institution can often boost investor confidence by signaling a positive outlook on the company's future performance. After the initial pop the shares cooled down to $72.78, up 2% from previous close. Is now the time to buy CooperCompanies? Access our full analysis report here, it's free. What Is The Market Telling Us CooperCompanies's shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was about 2 months ago when the stock dropped 15% on the news that the company reported underwhelming first-quarter 2025 results (fiscal Q2), with sales exceeding expectations by a whisker while organic sales growth guidance for the full year was lowered. Management called out "softening in two of its growth markets, contact lenses and fertility." On a brighter note, COO raised its full-year revenue and EPS guidance, off the back of the modest beat. In addition, its organic revenue and EPS outperformed Wall Street's estimates during the quarter. Overall, this print had some key positives. Investors were likely hoping for more. CooperCompanies is down 19.7% since the beginning of the year, and at $72.78 per share, it is trading 34.6% below its 52-week high of $111.23 from September 2024. Investors who bought $1,000 worth of CooperCompanies's shares 5 years ago would now be looking at an investment worth $1,005. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
18-07-2025
- Business
- Yahoo
Palantir's (PLTR) Execution Called 'Stunning' — Is a Fifth Quarter of Growth Coming?
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the . On July 16, Mizuho upgraded the stock to 'Neutral' from Underperform with a price target of $135, up from $116. The firm said Palantir is well-positioned for growth. In particular, the company's recent momentum and execution have been hailed as 'stunning', which includes material upward estimate revisions across the company's commercial and government segments. The firm admitted that it had been underestimating these segments. 'PLTR's recent execution and momentum is stunning, including material upward revisions across its commercial and government segments that we very much underestimated. We also believe PLTR has a legitimate chance to accelerate revenue growth for a 5th consecutive quarter when reporting 2Q results in early August.' While company shares 'could suddenly be subject to material multiple reversion at some point,' its 'uniqueness demands a great deal of credit.' The firm is optimistic that Palantir is poised to benefit from long-term trends in artificial intelligence. Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. While we acknowledge the potential of PLTR 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
Yahoo
17-07-2025
- Business
- Yahoo
Mizuho Sees New Upside in Palantir Growth
Mizuho Securities has upgraded Palantir (NASDAQ:PLTR) from Underperform to Neutral after the company's revenue growth consistently outpaced expectations. Analyst Gregg Moskowitz highlighted stronger?than?predicted results in both commercial and government sectors, changing the outlook for doubters. Palantir is set to report its second quarter on August 4 with consensus calling for adjusted earnings per share of 14 cents on about $939 million in revenue. That would mark roughly 39% to 40% growth year over year, following fiscal 2024's quarterly gains of 21%, twenty?seven, thirty and thirty?six percent. Despite applauding momentum, Mizuho cautioned that Palantir's valuation multiple sits well above peers and could face reversion pressure in coming quarters. To reflect the improved growth path, the firm raised its price target to one $135 from $116. Since January, Palantir shares have doubled while the broader software sector ETF has seen single?digit gains. Investors will be watching the August results for signs that the company can extend its streak of accelerating year?over?year growth. 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
