Deutsche Bank Sticks to Its Buy Rating for Forvia (0MGR)
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
According to TipRanks, Laskawi is a 5-star analyst with an average return of 27.2% and a 68.48% success rate. Laskawi covers the Industrials sector, focusing on stocks such as Renault, Rheinmetall, and Forvia.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Forvia with a €8.43 average price target.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Why DaVita (DVA) Stock Is Nosediving
What Happened? Shares of dialysis provider DaVita Inc. (NYSE:DVA) fell 8.5% in the afternoon session after the company reported a decline in patient treatment volumes and lowered its full-year forecast for the key metric following its second-quarter earnings release. Although the kidney care provider posted second-quarter earnings that beat analyst estimates, investors focused on operational challenges. The company revealed U.S. patient treatment volumes dropped 1.1% year-over-year, a figure below its own projections. This weakness prompted management to lower its full-year forecast for treatment volume. Adding to the concerns, a recent cybersecurity incident cost the company $13 million and negatively affected revenue per treatment. In response to the report, Deutsche Bank also lowered its price target on the stock to $137 from $165, which further fueled the decline. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy DaVita? Access our full analysis report here, it's free. What Is The Market Telling Us DaVita's shares are not very volatile and have only had 4 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 6 months ago when the stock dropped 14% on the news that the company reported weak fourth-quarter results: DaVita narrowly exceeded analysts' revenue expectations but fell short on full-year EPS guidance. A key challenge remains patient volume, as center closures and declining patient count could continue to pressure growth. Overall, this quarter could have been better. DaVita is down 13% since the beginning of the year, and at $130.29 per share, it is trading 26.5% below its 52-week high of $177.35 from February 2025. Investors who bought $1,000 worth of DaVita's shares 5 years ago would now be looking at an investment worth $1,583. 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. 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
6 hours ago
- Business Insider
Bitcoin Just Beat Amazon. Is Apple Next?
On July 14, Bitcoin officially became more valuable than Amazon (AMZN). 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. After jumping nearly 13% in just a week, the world's most famous cryptocurrency crossed $122,600 and hit a market cap of roughly $2.4 trillion. That pushed it ahead of Amazon's estimated $2.3 trillion valuation, making Bitcoin one of the five most valuable assets on Earth. Not bad for a digital token some still call 'fake internet money.' Bitcoin ETFs Fueled the Surge The move wasn't driven by hype alone. A record wave of inflows into spot Bitcoin ETFs played a huge role. In two back-to-back trading days, U.S.-listed Bitcoin funds pulled in over $1 billion each, the strongest streak since they launched in early 2024. These ETFs have become the gateway for traditional investors, from hedge funds to pension managers, to get exposure to Bitcoin without touching crypto wallets or exchanges. BlackRock's fund (IBIT) alone now holds more than $80 billion worth of BTC. Washington Cleared the Way But it wasn't just the money pouring in. Policy momentum has finally turned in Bitcoin's favor. In July, Washington held what's now being called 'Crypto Week' — a slate of pro-crypto legislation that included clearer rules, protections for digital asset investors, and a much-needed signal from lawmakers: crypto isn't going away. That rare bipartisan alignment gave institutions the green light to step in more aggressively. Trump Helped Bitcoin's Ascent Then there's the broader backdrop. The Trump administration has leaned crypto-friendly, the dollar has been weakening, and many investors are looking for alternatives to centralized finance. Bitcoin, with its hard cap of 21 million coins and borderless design, is looking more attractive. It's become a structural piece of the new financial system. Bitcoin Behaves Like a Big Tech Stock And that's probably the most important shift underway. Bitcoin isn't being treated like a fringe asset anymore. It's moving in sync with tech stocks and showing up in institutional portfolios. One study earlier this year found that Bitcoin's correlation with the Nasdaq and S&P 500 reached 0.87 — higher than it's ever been. Essentially, Bitcoin is a risk asset being priced in alongside the biggest names in tech. Bitcoin's Scale Is Massive Of course, the narrative is about more than just movement. It's about magnitude. Bitcoin's price in 2010 was about ten cents. Fifteen years later, it hit a record high of $122,000. That's a 1.2 million percent return. There's no other asset in modern financial history with a trajectory like that. What started as a cypherpunk experiment is now being compared to Apple (AAPL) and Microsoft (MSFT) in size. A big reason behind that rise is scarcity. Bitcoin's 21 million supply cap is hard-coded. No CEO, no central bank, no stimulus committee can inflate it. That scarcity mirrors gold; but unlike gold, Bitcoin is digital, transparent and liquid around the clock. It's become a hedge, a reserve, and for many companies, a treasury asset. And companies are buying. As of this year, more than 265 private and public firms hold Bitcoin, accounting for about 4% of total supply. Bitcoin ETFs, collectively, hold around 6.6%. These are not niche allocations anymore. They're foundational bets on where the financial world is headed. Bitcoin Could Be Gunning for Apple Next To do that, it would need to jump another 15%–35%, depending on which company you're measuring against. That would push Bitcoin's market cap toward the $3 trillion range. And based on some of the current momentum, analysts are warming to that possibility. Several institutional forecasts now place Bitcoin above $140,000 by the end of the year, with some pointing toward $180,000–$200,000 if ETF demand holds strong. That's the bull case. But getting there isn't guaranteed. If ETF inflows slow, or if U.S. policy changes up once again, Bitcoin could lose steam. Its price is still sensitive to interest rate moves and macro conditions. And for all its mainstream progress, the asset remains volatile in both directions. At the time of writing, Bitcoin is sitting at $114,086.66.
Business Insider
7 hours ago
- Business Insider
ChatGPT-Maker OpenAI Seeks $500B Valuation in Share Sale
OpenAI is reportedly in early talks about a secondary stock sale that would let current and former employees sell their shares. With this sale, OpenAI is aiming for a valuation near $500 billion, marking a significant jump from a previous report that valued OpenAI at $300 billion. Notably, an employee stock share sale or a secondary stock sale is when current or former employees of a company sell their shares to outside investors. 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. For context, OpenAI reportedly secured $8.3 billion in new funding earlier this week at a $300 billion valuation. This investment is part of the company's larger $40 billion fundraising target for 2025. More About OpenAI's Latest Share Sale According to market reports, investors such as Thrive Capital are exploring the purchase of employee-held shares in OpenAI's secondary stock sale. However, the talks are private, and sources requested anonymity as they are not authorized to speak publicly. If the deal moves forward, it would boost OpenAI's valuation by about two-thirds from its earlier $300 billion mark set during a $40 billion funding round led by SoftBank Group (SFTBY). This would further cement its position as one of the world's most highly valued private companies. ChatGPT Crosses 700 Million Weekly Users OpenAI's main product, ChatGPT, recently crossed a major mark of 700 million weekly users, up from 500 million in March. The company's annual revenue also reportedly reached $12 billion. The figure is more than double the $5.5 billion reported in December 2024, driven by strong demand for its AI tools from both consumers and enterprise users. On the other hand, OpenAI's rapid growth is leading to higher expenses. The company now expects to spend $8 billion in 2025, about $1 billion more than earlier estimates. Much of this cost is going toward building infrastructure, like renting computer chips and setting up data centers to handle its expanding AI models. Which Is the Best AI Stock to Buy, According to Analysts? Investors looking to buy into OpenAI in 2025 may be let down, as the company remains private and doesn't offer its shares to the public. Still, those interested in the AI space can consider other major AI-related stocks. To help with this, we've used TipRanks' stock comparison tool to compare several top AI companies. Users can also conduct further research to identify the most promising stock based on analyst ratings and other insights.
