Kepler Capital Remains a Buy on Roche Holding AG (RHHVF)
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.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Evans is a 2-star analyst with an average return of 0.4% and a 57.00% success rate. Evans covers the Healthcare sector, focusing on stocks such as Roche Holding AG, Novo Nordisk, and Novartis AG.
Currently, the analyst consensus on Roche Holding AG is a Hold with an average price target of $358.94, a 10.62% upside from current levels. In a report released on July 10, UBS also maintained a Buy rating on the stock with a CHF314.00 price target.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
8 minutes ago
- Business Insider
‘Hurdle Cleared for Now,' Says Analyst After AMD's Mixed Q2 Earnings
TD Cowen analyst Joshua Buchalter reiterated his 'Buy' rating on Advanced Micro Devices (AMD) stock and raised the price target to $195 (from $165), implying 11.9% upside potential from current levels. AMD stock is trending down 6.2% in pre-market trading at the time of writing, as the chipmaker reported mixed second-quarter results yesterday. Buchalter is encouraged by AMD's beat-and-raise results and believes the hurdle is cleared for now, with attention turning to continued execution going forward. 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. AMD's revenue rose 32% year-over-year to $7.69 billion, beating consensus estimates, while adjusted earnings of $0.48 per share were in line with expectations. Importantly, AMD raised its Q3 revenue guidance to roughly $8.7 billion (+/-$300 million), well above the consensus expectation of about $8.3 billion. Also, the adjusted gross margin is expected to be approximately 54%, assuming no contribution from MI308 shipments to China. Why Is TD Cowen Bullish About AMD? Buchalter highlighted the strength in AMD's CPU (central processing unit) and Gaming segments, despite zero contribution from MI308. He noted that the largest contributor to AMD's Q3 growth is the Instinct franchise, as the company seeks to ramp up production of the MI355 chips in the second half of 2025. AMD's Q3 performance will also prove its competitiveness ahead of the MI400/Helios launch in 2026. Regarding the resumption of MI308 sales to China, AMD mentioned that the U.S. government is reviewing its export applications and, therefore, has not included any China sales in its Q3 guidance. Buchalter believes AMD's management will prioritize MI355 chips over MI308 in the near term. The analyst expects AMD to maintain growth in server CPUs driven by solid demand for artificial intelligence (AI) applications. Moreover, the cloud and enterprise segments are projected to show consistent growth, while the Client segment is expected to experience modest growth. Meanwhile, Buchalter expects higher operating expenses due to research and development and AI initiatives, which may weigh on AMD's near-term earnings potential. Is AMD a Good Stock to Buy Now? Analysts remain divided on AMD's long-term outlook. On TipRanks, AMD stock has a Moderate Buy consensus rating based on 24 Buys, 10 Holds, and one Sell rating. The average AMD price target of $158.57 implies 9% downside potential from current levels. Year-to-date, AMD stock has gained 44.3%. Please note that most of these ratings were given before AMD's Q2 earnings report and may change once analysts review their recommendations.
Business Insider
28 minutes ago
- Business Insider
This Is Why Wall Street Is Worried about Rivian Stock (RIVN)
Rivian's stock has been under pressure since its second-quarter earnings report, which showed a larger-than-expected loss and a lowered EBITDA forecast for Fiscal Year 2025. Although analysts are generally positive about the EV company's long-term potential, many are worried that the end of federal EV tax credits could hurt demand for Rivian's upcoming R2 SUV, which may force the company to lower prices and make its already negative profit margins worse. 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. Indeed, UBS' Joseph Spak said that while Rivian is still aiming to break even on EBITDA by 2027, the loss of tax credits is a setback, and the market will likely wait for evidence that management can offset it. Separately, 4.5-star Cantor analyst Andres Sheppard kept a Neutral rating after pointing to weaker delivery expectations, economic uncertainty, tariffs, and Rivian's unclear position when it comes to self-driving and charging technology. Although he mentioned positives, such as the Amazon (AMZN) partnership and Volkswagen (VWAGY) joint venture, he also criticized the disappointing delivery guidance and much lower-than-expected gross margin. However, other analysts remain confident. In fact, Wedbush's 4.5-star-rated Dan Ives called Rivian a 'work in progress' after noting that the company kept its 2025 delivery forecast while adjusting its EBITDA target in order to deal with economic challenges. As a result, he kept an Outperform rating with a $16 price target. Needham's Chris Pierce also reiterated a Buy due to Rivian's strong cash position, vertically integrated structure, and expected improvements in cost efficiency when the R2 platform launches in early 2026. Is RIVN Stock a Buy or Sell? Turning to Wall Street, analysts have a Hold consensus rating on RIVN stock based on seven Buys, 15 Holds, and three Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average RIVN price target of $14.92 per share implies 28.2% upside potential.
Business Insider
13 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.
