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Kepler Capital Remains a Buy on Puig Brands, S.A. (PUIG)

Kepler Capital Remains a Buy on Puig Brands, S.A. (PUIG)

Kepler Capital analyst Inigo Egusquiza maintained a Buy rating on Puig Brands, S.A. on July 17 and set a price target of €24.10. The company's shares closed yesterday at €16.07.
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According to TipRanks, Egusquiza is ranked #570 out of 9841 analysts.
Currently, the analyst consensus on Puig Brands, S.A. is a Moderate Buy with an average price target of €20.58, representing a 28.06% upside. In a report released on July 17, Citi also maintained a Buy rating on the stock with a €19.00 price target.
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Homey Is LG's Secret Weapon For Supercharging Your Smart Home
Homey Is LG's Secret Weapon For Supercharging Your Smart Home

Forbes

time7 hours ago

  • Forbes

Homey Is LG's Secret Weapon For Supercharging Your Smart Home

In July last year, Korean giant LG supercharged its smart home efforts by snapping up Dutch brand Athom, maker of the popular line of Homey hubs. The acquisition saw LG take an 80% stake of Athom, with the remaining 20% due to switch over the next three years. The deal was immediately compared by industry insiders (myself included) to Samsung's acquisition of SmartThings back in 2014… i.e. massive Korean tech giant gobbles up enthusiast-led IoT start-up. Like Samsung, and its ever-growing arsenal of multi-connectivity hubs (hidden inside things like TVs, soundbars and even refrigerators), it's easy to see how LG could seemingly take the same path. However, I sat down with Stefan Witkamp, Athom's CEO, recently, who explained that - for now, at least - it's very much business as usual for Homey, albeit with the dial turned up to 11. 'They really wanted to pursue this as a two brand strategy,' Witkamp explained to me. 'They really focused on, how can we make sure we retain your your team, because we want them to keep working on Homey? 'They have a very clear vision of where they want to take the smart home, and which aspects of Homey they want to take and really integrate. But there's also a lot of room for us to also just do our thing in our separate entity.' Witkamp told me that Athom's relationship with LG began as it does with pretty much every other tech brand: partnering up to get compatibility across the platforms. 'They were one of the last big appliance manufacturers to even do something with an API. We already had Bosch, Siemans, Miele, Samsung and loads more already on board.' The Athom boss was, of course, referring to LG throwing open the doors to its smart home platform with the launch of the ThinQ API last December, which made it easier for developers and brands to build smarter, more connected homes with LG appliances. But Witkamp told me it soon became obvious that Athom's talks with LG weren't just about getting a ThinQ Homey app knocked up. 'They also wanted to become more of a player in the smart home,' he explained. 'It became clear to us that they were interested in more than just a regular device integration partnership. However, just because LG was interested, it didn't necessarily mean that Homey was for sale. 'We were doing okay,' he told me. 'Actually, we were doing pretty well. We had a very active community and, thanks to our little bit more premium pricing, and our relatively lean operation that's very development focused, we were profitable. So we didn't have to sell and we wanted to make sure that if we did a deal like this, that we would do right by everyone, not just ourselves and our shareholders. 'We went into conversation not only about the commercial terms, but also what's happening with Homey, what is their idea, what is their vision? And is that compatible with the obligation that we felt towards our user-base and community.' Witkamp told me how, a year or so in, and not a single member of the Homey team has left as a result of the acquisition and that there's no pressure from Korea to change path, or do anything different and, in fact, being part of LG could speed up progress for the Homey ecosystem. 'I think what we're most excited about is just being able to continue our vision as is, with some extra resources and stability. Yes, we were profitable. But it only takes two bad years to fall off into loss leading again,' he said. 'And I think that's something that also is really beneficial for our community. We're really here to stay. It's easier for us to partner with companies. We're opening up new channels, but most importantly, we can continue on the vision that we already have. But in collaboration with one of the world's largest and best electronic manufactures. The Athom CEO explained how it's very much been a two-way street thus far, with both parties benefitting from the other's expertise. 'If it comes to new hardware, we'll be knocking on LG's door and saying, 'Hey, we want to develop this new hardware. You guys do so much more in hardware than we do. Do you have suppliers? Can we make use of your engineering there?' 'And they come knocking on our doors and saying, 'Hey, we want to provide these sorts of features in ThinQ, can you put them on the roadmap in the near future for Homey, so that we can make use of that and make use of the of the common infrastructure?'' What the LG deal has meant, for Witkamp and his team as he mentioned, is access. 'I think the most interesting for us is partnership opportunities,' he said. 'We didn't really have a lot of issues partnering with the European and US companies because in the Western world Homey was making a name for itself. 'But there's a lot of Asian companies selling into the West as well and, for us, they've always been relatively hard to partner up with. But LG is both an Asian company itself, as well being just a much broader, widely known name. So that opens up doors. That is an interesting opportunity that really helps our platform as well.' Witkamp also explained to me that Athom had already tapped into LG's expertise on the design front, with the new 'parent' company assisting with the form factor of the Homey Pro Mini (above), which went live at the end of last year. 'It was already in the design phase when we got into the acquisition talks but we did make use of their design expertise to do another round, just to make sure. They didn't change a lot, but for future hardware, it's exciting that we can use their their expertise and their resources to either do a double check or connect us to suppliers. We have some very good electronics designs, but if we want to do something more unique on the physical side, like with enclosures or something like that, it's harder.' Getting ThinQ synced up and compatible with Homey was always going to be the fastest fruit of the deal - that was announced back in January - but we are already seeing some fruits of the Athom acquisition on LG's side too. I recently spent some time at LG's Science Park in Seoul, where I got a look at the 'next-gen' version of ThinQ in action, at a demo house kitted out with the latest ThinQ tech. It was the first time that I'd had to chance to see the 'brains' of ThinQ AI in action, the LG ThinQ ON; which is essentially a Matter-compatible smart speaker designed to take on the likes of Amazon's Echo range, boasting Zigbee, Wi-Fi and Thread connectivity. 'Under the hood, it's actually running Homey Pro OS. That means that, technically, any Homey app available in our app store, could run on that hub,' Witkamp explained. I was shown how all of this can be combined for a voice-driven smart home experience, with a much more natural interaction than has previously been possible with voice assistants, albeit one still very much tied into an LG brand-heavy smart home. 'LG purposefully chose a more tailored experience,' Witkamp explained. 'Not all the Homey apps will make it to that environment, but technically, that's how it works. But it also means that partners that want to work with LG, will be working with Homey - they simply just build a Homey app, release it in our app store, and then LG can just check a mark, and it will work on their system as well.' However, rather than the Samsung and SmartThings comparison made in the intro of this story, Witkamp doesn't see a time in the near future where Homey merges into ThinQ and becomes more mainstream focused. 'Under the Homey flag, we're able to move fast,' he explained. ' We don't have to deal with all of the LG red tape that comes with something that's very heavily LG branded. 'The ThinQ app is designed for a different type of customer. We're a more nimble company being able to innovate fast,' he added. 'But now, at the same time, we share that technology so that maybe later on there's a version that works better within the LG environment, so it can come to LG users as well.' Ultimately, the LG and Athom partnership is shaping up to be more than just a simple takeover, it seems. The word right now is that it's very much a strategic alliance, where both companies are leveraging their unique strengths to accelerate smart home innovation. With Homey's agility and LG's massive resources, it looks like a win-win for bringing even smarter, more integrated experiences to homes everywhere… let's just keep our fingers crossed that Homey doesn't fade into the background.

‘The Upside Is Enormous': 2 Quantum Computing Stocks Rosenblatt Is Pounding the Table On
‘The Upside Is Enormous': 2 Quantum Computing Stocks Rosenblatt Is Pounding the Table On

Yahoo

time8 hours ago

  • Yahoo

‘The Upside Is Enormous': 2 Quantum Computing Stocks Rosenblatt Is Pounding the Table On

Most historians date the start of the Industrial Revolution to around 1770. Almost 150 years later, in 1913, Henry Ford introduced the assembly line to the factory floor, and some 75 years after that, the widespread use of PCs and networking brought us the internet and digital age. And now we're looking at the advent of quantum computing, which promises to bring dramatically expanded computational power. 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. Right now, we're on the cusp of the transition between traditional computing and quantum computing. Quantum computers make use of the principles of quantum mechanics and subatomic superpositioning to tackle far more complex problems than traditional digital machines, and to do so far more quickly. According to McKinsey, the addressable market for them is expected to reach as high as $30 billion or more within just 10 years. Add in quantum-based communications and sensing technologies, and the market for quantum tech may hit as high as $97 billion by 2035. One thing is certain: that kind of growth is sure to attract investors. Covering the quantum sector for Rosenblatt, analyst Kevin Garrigan noted: 'For investors, quantum computing represents a long-duration, high-growth opportunity, with near-term commercialization through hybrid quantum-classical solutions in optimization and simulation. While widespread fault-tolerant systems remain a decade away, the strategic upside from quantum's potential to disrupt industries such as pharmaceuticals, advanced materials, financial modeling, and cybersecurity is enormous.' Garrigan has turned that bullish outlook into action, pounding the table on two quantum computing stocks that investors should buy into. And he's not alone, the TipRanks database shows that Wall Street analysts are just as enthusiastic, assigning both names a Strong Buy consensus rating. IonQ (IONQ) We'll start with IonQ, a tech company founded 10 years ago and based in College Park, Maryland. This is a prime location for a cutting-edge tech firm; it is just a few miles from Washington, DC, and it is home to the University of Maryland, giving the company easy access to sources of government and academic support. IonQ is developing trapped ion quantum computing, a method that makes use of electromagnetic fields to trap and hold ions, electrically charged atomic particles, and to make use of their stable electric states to store qubit information, the basic data storage of quantum computing. In effect, IonQ is using the electromagnetic potential inherent in atoms to tap into the properties of the subatomic quantum particles from which they are built. It's an approach that the company describes as 'naturally quantum,' and it is proving highly amenable to storing the qubit data that quantum computers use. Following this path, IonQ has brought its trapped ion approach to fruition in the form of several commercially available quantum computers. The 25-qubit Aria is the company's flagship system, while Forte, IonQ's second system to hit the commercial market, brought an expanded capacity of 36 qubits. IonQ scored a $22 million sale of the Forte Enterprise system during the first quarter of this year, with Chattanooga's EPB as the customer. More recently, IonQ entered into a strategic collaboration with Australia's Emergence Quantum, giving the Maryland firm a foot in the Asia-Pacific arena. IonQ is not standing still, and is working on a new system, Tempo, to bring higher-capacity quantum computers to the commercial market. Tempo is planned and designed as a faster and more useful quantum computer system, with a capacity of at least 64 qubits. We won't see IonQ's 2Q25 results until August 6, but for now we can look back at the company's Q1 report to get a feel for where IonQ stands. In the first quarter of this year, IonQ reported $7.57 million in revenue, flat year-over-year and edging over the forecast by some $56,000. The company reported a quarterly net loss of 14 cents per share, which was 15 cents better than had been expected. At the end of the quarter, IonQ had cash and liquid assets totaling $697.1 million. For Garrigan, in his coverage of the stock, the starting point is IonQ's solid position at the leading edge of the computing world's future. The analyst writes, 'We believe IonQ provides an attractive way to gain exposure to the quantum computing market, a market that we see as the next era of computing. It is our view that the quantum computing market is setup to be a multiple winner market and not a winner takes all market. We have a high level of confidence that IonQ is well positioned to take its place among the winners, and unlike some early stage competitors, IonQ will be exiting 2025 with annualized revenues in excess of $100M, nearly doubling in 2026, and could well be on track for $1B in revenue over the next few years. We believe executing on the product roadmap, developing a quantum ecosystem to capture value in the nascent quantum networking, and increasing partnerships/system sales will drive stock price appreciation.' The analyst goes on to rate IONQ shares as a Buy, and his $70 price target points toward a one-year gain of 73%. (To watch Garrigan's track record, click here) The 7 recent analyst reviews of IonQ include 6 Buys to 1 Hold, for a Strong Buy consensus rating. The stock has a current trading price of $40.53 and its $47.50 average price target suggests that it will appreciate by 17% in the year ahead. (See IONQ stock forecast) D-Wave Quantum (QBTS) The next quantum stock we'll look at is D-Wave, one of the leading companies in the quantum computing sector. D-Wave, whose Palo Alto headquarters are in the heart of Silicon Valley, has been in business since 1999, developing quantum computing from both the hardware and software sides. More importantly, the company is also working on cloud services and app development tools – the very tools and services that will be needed to fully integrate quantum computing into the structure of today's digital world. D-Wave is one of the early entrants into the quantum computing world, and boasts that it was the first company to bring working quantum computers to the market. Currently, D-Wave has several quantum systems available, through the cloud or through 'on-premises' installations. The company claims that its quantum systems have achieved 99.9% availability, an important reliability milestone. Looking ahead, D-Wave has recently released its latest quantum computing system, the advanced Advantage2. This is an annealing quantum computer, designed to optimize problem-solving by locating the lowest energy state of a quantum system. This lower-power approach brings advantages in efficiency and cost of operations, while maintaining the high speed and capabilities inherent in quantum computing. Advantage2 is a sixth-generation quantum computer, and has proven that it can solve complex problems that are far beyond the abilities of even the best 'classical' supercomputers. The system is built to commercial-grade standards, and is intended to meet the needs of real-world customers, such as AI providers. From an investor's perspective, one of D-Wave's biggest advantages is the experience that the company has gained as the leader in bringing quantum computing into real-world use. The company has already dealt with such problems as system optimization, cloud compatibility and networking, and software development to match quantum's capabilities. All of this gives D-Wave a solid foundation, and the company has built itself into a $5.7 billion leader. D-Wave employs experts in physics, cloud infrastructure, and even processor chip manufacturing, and has protected its intellectual property with more than 250 US patents. On the financial side, D-Wave saw record-level revenue in 1Q25, with a top line of $15 million. This was up 507% year-over-year and beat expectations by $4.5 million. At the bottom line, D-Wave's earnings came to a loss of 2 cents per share, a figure that was 3 cents per share better than had been anticipated. D-Wave has deep pockets, and closed out Q1 with a cash balance of $304.3 million on hand. When we check in again with Rosenblatt's Garrigan, we find the analyst upbeat on D-Wave, seeing plenty of opportunities for the firm over the coming years. He writes, 'We believe D-Wave offers a differentiated way to gain exposure to the rapidly growing quantum computing market. It is our view that quantum annealing, a subsector of quantum computing, offers advantages over both classical computing and gate-based quantum systems for optimization workloads. We have a high level of confidence that D-Wave will capture significant market share in the quantum annealing market leading to D-Wave revenues growing at a +66% CAGR from 2025-2030. We believe continued demonstration of quantum supremacy, growing the commercial customer base, and executing on the dual-track product road map will drive stock price appreciation in the long-term.' Once again, Garrigan rates an upwardly mobile quantum computing stock as a Buy, backing that with a $30 price target implying a one-year upside potential of 70%. This is another quantum stock that has earned a Strong Buy consensus rating, this one based on 9 unanimously positive analyst reviews. The shares are priced at $17.67 and their $19.50 average target price suggests an upside of 10% on the one-year horizon. (See QBTS 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. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Disclaimer & DisclosureReport an Issue

‘The Upside Is Enormous': 2 Quantum Computing Stocks Rosenblatt Is Pounding the Table On
‘The Upside Is Enormous': 2 Quantum Computing Stocks Rosenblatt Is Pounding the Table On

Yahoo

time8 hours ago

  • Yahoo

‘The Upside Is Enormous': 2 Quantum Computing Stocks Rosenblatt Is Pounding the Table On

Most historians date the start of the Industrial Revolution to around 1770. Almost 150 years later, in 1913, Henry Ford introduced the assembly line to the factory floor, and some 75 years after that, the widespread use of PCs and networking brought us the internet and digital age. And now we're looking at the advent of quantum computing, which promises to bring dramatically expanded computational power. 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. Right now, we're on the cusp of the transition between traditional computing and quantum computing. Quantum computers make use of the principles of quantum mechanics and subatomic superpositioning to tackle far more complex problems than traditional digital machines, and to do so far more quickly. According to McKinsey, the addressable market for them is expected to reach as high as $30 billion or more within just 10 years. Add in quantum-based communications and sensing technologies, and the market for quantum tech may hit as high as $97 billion by 2035. One thing is certain: that kind of growth is sure to attract investors. Covering the quantum sector for Rosenblatt, analyst Kevin Garrigan noted: 'For investors, quantum computing represents a long-duration, high-growth opportunity, with near-term commercialization through hybrid quantum-classical solutions in optimization and simulation. While widespread fault-tolerant systems remain a decade away, the strategic upside from quantum's potential to disrupt industries such as pharmaceuticals, advanced materials, financial modeling, and cybersecurity is enormous.' Garrigan has turned that bullish outlook into action, pounding the table on two quantum computing stocks that investors should buy into. And he's not alone, the TipRanks database shows that Wall Street analysts are just as enthusiastic, assigning both names a Strong Buy consensus rating. IonQ (IONQ) We'll start with IonQ, a tech company founded 10 years ago and based in College Park, Maryland. This is a prime location for a cutting-edge tech firm; it is just a few miles from Washington, DC, and it is home to the University of Maryland, giving the company easy access to sources of government and academic support. IonQ is developing trapped ion quantum computing, a method that makes use of electromagnetic fields to trap and hold ions, electrically charged atomic particles, and to make use of their stable electric states to store qubit information, the basic data storage of quantum computing. In effect, IonQ is using the electromagnetic potential inherent in atoms to tap into the properties of the subatomic quantum particles from which they are built. It's an approach that the company describes as 'naturally quantum,' and it is proving highly amenable to storing the qubit data that quantum computers use. Following this path, IonQ has brought its trapped ion approach to fruition in the form of several commercially available quantum computers. The 25-qubit Aria is the company's flagship system, while Forte, IonQ's second system to hit the commercial market, brought an expanded capacity of 36 qubits. IonQ scored a $22 million sale of the Forte Enterprise system during the first quarter of this year, with Chattanooga's EPB as the customer. More recently, IonQ entered into a strategic collaboration with Australia's Emergence Quantum, giving the Maryland firm a foot in the Asia-Pacific arena. IonQ is not standing still, and is working on a new system, Tempo, to bring higher-capacity quantum computers to the commercial market. Tempo is planned and designed as a faster and more useful quantum computer system, with a capacity of at least 64 qubits. We won't see IonQ's 2Q25 results until August 6, but for now we can look back at the company's Q1 report to get a feel for where IonQ stands. In the first quarter of this year, IonQ reported $7.57 million in revenue, flat year-over-year and edging over the forecast by some $56,000. The company reported a quarterly net loss of 14 cents per share, which was 15 cents better than had been expected. At the end of the quarter, IonQ had cash and liquid assets totaling $697.1 million. For Garrigan, in his coverage of the stock, the starting point is IonQ's solid position at the leading edge of the computing world's future. The analyst writes, 'We believe IonQ provides an attractive way to gain exposure to the quantum computing market, a market that we see as the next era of computing. It is our view that the quantum computing market is setup to be a multiple winner market and not a winner takes all market. We have a high level of confidence that IonQ is well positioned to take its place among the winners, and unlike some early stage competitors, IonQ will be exiting 2025 with annualized revenues in excess of $100M, nearly doubling in 2026, and could well be on track for $1B in revenue over the next few years. We believe executing on the product roadmap, developing a quantum ecosystem to capture value in the nascent quantum networking, and increasing partnerships/system sales will drive stock price appreciation.' The analyst goes on to rate IONQ shares as a Buy, and his $70 price target points toward a one-year gain of 73%. (To watch Garrigan's track record, click here) The 7 recent analyst reviews of IonQ include 6 Buys to 1 Hold, for a Strong Buy consensus rating. The stock has a current trading price of $40.53 and its $47.50 average price target suggests that it will appreciate by 17% in the year ahead. (See IONQ stock forecast) D-Wave Quantum (QBTS) The next quantum stock we'll look at is D-Wave, one of the leading companies in the quantum computing sector. D-Wave, whose Palo Alto headquarters are in the heart of Silicon Valley, has been in business since 1999, developing quantum computing from both the hardware and software sides. More importantly, the company is also working on cloud services and app development tools – the very tools and services that will be needed to fully integrate quantum computing into the structure of today's digital world. D-Wave is one of the early entrants into the quantum computing world, and boasts that it was the first company to bring working quantum computers to the market. Currently, D-Wave has several quantum systems available, through the cloud or through 'on-premises' installations. The company claims that its quantum systems have achieved 99.9% availability, an important reliability milestone. Looking ahead, D-Wave has recently released its latest quantum computing system, the advanced Advantage2. This is an annealing quantum computer, designed to optimize problem-solving by locating the lowest energy state of a quantum system. This lower-power approach brings advantages in efficiency and cost of operations, while maintaining the high speed and capabilities inherent in quantum computing. Advantage2 is a sixth-generation quantum computer, and has proven that it can solve complex problems that are far beyond the abilities of even the best 'classical' supercomputers. The system is built to commercial-grade standards, and is intended to meet the needs of real-world customers, such as AI providers. From an investor's perspective, one of D-Wave's biggest advantages is the experience that the company has gained as the leader in bringing quantum computing into real-world use. The company has already dealt with such problems as system optimization, cloud compatibility and networking, and software development to match quantum's capabilities. All of this gives D-Wave a solid foundation, and the company has built itself into a $5.7 billion leader. D-Wave employs experts in physics, cloud infrastructure, and even processor chip manufacturing, and has protected its intellectual property with more than 250 US patents. On the financial side, D-Wave saw record-level revenue in 1Q25, with a top line of $15 million. This was up 507% year-over-year and beat expectations by $4.5 million. At the bottom line, D-Wave's earnings came to a loss of 2 cents per share, a figure that was 3 cents per share better than had been anticipated. D-Wave has deep pockets, and closed out Q1 with a cash balance of $304.3 million on hand. When we check in again with Rosenblatt's Garrigan, we find the analyst upbeat on D-Wave, seeing plenty of opportunities for the firm over the coming years. He writes, 'We believe D-Wave offers a differentiated way to gain exposure to the rapidly growing quantum computing market. It is our view that quantum annealing, a subsector of quantum computing, offers advantages over both classical computing and gate-based quantum systems for optimization workloads. We have a high level of confidence that D-Wave will capture significant market share in the quantum annealing market leading to D-Wave revenues growing at a +66% CAGR from 2025-2030. We believe continued demonstration of quantum supremacy, growing the commercial customer base, and executing on the dual-track product road map will drive stock price appreciation in the long-term.' Once again, Garrigan rates an upwardly mobile quantum computing stock as a Buy, backing that with a $30 price target implying a one-year upside potential of 70%. This is another quantum stock that has earned a Strong Buy consensus rating, this one based on 9 unanimously positive analyst reviews. The shares are priced at $17.67 and their $19.50 average target price suggests an upside of 10% on the one-year horizon. (See QBTS 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. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. 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