logo
Kepler Capital Reaffirms Their Buy Rating on Compagnie Financiere Richemont SA (CFR)

Kepler Capital Reaffirms Their Buy Rating on Compagnie Financiere Richemont SA (CFR)

In a report released on May 12, Jon Cox from Kepler Capital maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with a price target of CHF175.00. The company's shares closed yesterday at CHF155.50.
Confident Investing Starts Here:
Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Cox is a 4-star analyst with an average return of 2.7% and a 55.58% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Compagnie Financiere Richemont SA with a CHF169.64 average price target, representing a 9.09% upside. In a report released on May 13, Barclays also maintained a Buy rating on the stock with a CHF171.00 price target.
The company has a one-year high of CHF187.55 and a one-year low of CHF112.80. Currently, Compagnie Financiere Richemont SA has an average volume of 1.16M.
Based on the recent corporate insider activity of 17 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 CFR in relation to earlier this year.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why Intel's (INTC) Comeback Might Happen Sooner Than Expected
Why Intel's (INTC) Comeback Might Happen Sooner Than Expected

Yahoo

time9 hours ago

  • Yahoo

Why Intel's (INTC) Comeback Might Happen Sooner Than Expected

As an investor who's watched Intel's (INTC) challenges unfold over the past few years, I'm genuinely excited about Lip-Bu Tan stepping in as CEO. Tan's approach is both bold and strategic—the exact combination Intel desperately needs. He's already making aggressive moves to restructure the company, ramp up investments in manufacturing and AI, and put the foundry business at the forefront. Despite the plethora of both internal and external turmoil, INTC stock has managed to post a flat first six months of 2025. 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 Tan is steering Intel not only to reclaim its former dominance but potentially to exceed it. I'm bullish on the outlook—but realistic, too—knowing it will take time for Intel to solidify its AI foothold and deliver meaningful returns in the years ahead. Since taking the helm as CEO in March 2025, Tan has wasted no time launching a significant restructuring to slash layers of middle management that have long bogged down Intel's innovation and decision-making. The plan calls for reducing the workforce by about 20%—a tough but necessary move to streamline the organization and accelerate its agility. This isn't just about trimming costs; it's about making Intel leaner and faster. The company aims to reduce operating expenses to around $17 billion by FY 2025. While layoffs are never easy, Intel has grown bloated compared to rivals and now faces an intensely competitive market where survival—and success—demand swift action. As things stand, Intel lags behind its sector peers on several key metrics. I'm confident that a leaner Intel will be sharper, faster, and better positioned to innovate boldly and prove its strength to the competition. However, Tan must handle the workforce cuts with care, focusing on retaining key talent and maintaining morale through a strong, principled leadership approach. Arguably, Tan's boldest move is his unwavering commitment to Intel's advanced manufacturing, especially the cutting-edge 18A node (1.8nm) technology. Set to power Intel's Panther Lake CPUs by late 2025, this breakthrough could dramatically boost energy efficiency and performance, potentially allowing Intel to finally compete toe-to-toe with giants like TSMC (TSM) and Samsung (SSNLF). On the foundry front, Intel Foundry Services (IFS) is gaining serious momentum. High-profile deals—most notably with Microsoft (MSFT)—to utilize Intel's 18A process could transform Intel into a fierce contender in the foundry market. Securing a few more marquee contracts from the likes of Nvidia (NVDA) or Apple (AAPL) would be a game-changer, sparking a significant surge in investor confidence and substantially lifting Intel's valuation. That said, delays in the massive Ohio manufacturing facility, now pushed back to around 2030, raise concerns about capacity constraints and potential missed opportunities if chip demand suddenly spikes. Intel's challenge going forward will be striking the right balance in capital allocation and maintaining a nimble leadership team ready to seize emerging market opportunities quickly. Looking ahead to 2028, Intel's financial health will largely depend on how well it executes its strategy. Analysts project relatively flat to slightly declining revenue in FY 2025, hovering between $50 billion and $53 billion, with a modest recovery expected afterward. Earnings per share of around $0.30 for 2025 seem reasonable, given the current margin pressures. In my base-case outlook, Intel modestly rebounds to about $60 billion in revenue by 2028, with earnings per share approaching $3.00. This scenario would support a share price rising to around $40 from today's $20—a steady but unspectacular return over three years, especially with the dividend still cut during the turnaround. However, in a bull-case scenario, if Intel secures major foundry contracts and capitalizes on strong AI-driven demand, earnings per share could reach $5.00 by 2028, pushing shares into the $70 to $90 range. Conversely, if Intel falters in execution, revenue stagnates, and growth stalls, the stock could remain stuck in the $20s with limited upside potential. Intel is facing significant challenges, and execution, especially talent retention and deployment, will be critical. Any delays or yield issues with the 18A node could undermine confidence and push foundry customers toward competitors like TSMC. Additionally, Intel faces intense competition in chip design from Nvidia (NVDA) and AMD (AMD). Still, I believe the opportunities outweigh the risks. Despite dominant rivals, Intel's valuation remains attractively low, with a price-to-sales ratio under 2, compared to TSMC's 8.5, leaving plenty of room for multiple expansion as earnings momentum improves and investor sentiment turns positive. History shows that undervalued companies staging a comeback can deliver compelling investment stories. When it comes to INTC, most of Wall Street is sitting on the fence. Intel carries a consensus Hold rating, backed by two Buys, 25 Holds, and four Sells. INTC's average stock price target is $21.29, suggesting roughly 6.5% upside over the next year. Although this suggests it may be premature to expect significant gains, investors who buy now and hold through the stagnation phase could reap rewards if sentiment improves—truly a case of being better off being early than too late. There's no guarantee Intel will pull off a complete turnaround, but the company is clearly taking bold steps to tackle years of bloat, strategic drift, and technological lag. Still, winning over a competitive market dominated by entrenched giants won't be easy—it will require grit from management, sharp strategic vision, and a bit of luck. That said, for portfolios seeking value-driven upside, a modest stake in Intel could be a worthwhile investment. I'm cautiously optimistic. Disclaimer & DisclosureReport an Issue 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

Archer Aviation Stock (ACHR) Soars on Strong Q1 and Upcoming UAE Launch
Archer Aviation Stock (ACHR) Soars on Strong Q1 and Upcoming UAE Launch

Yahoo

time14 hours ago

  • Yahoo

Archer Aviation Stock (ACHR) Soars on Strong Q1 and Upcoming UAE Launch

Archer Aviation (ACHR) has seen its stock jump over 47% this week since it delivered a commanding performance in the first quarter of 2025, beating earnings expectations while positioning itself for the historic milestone of becoming one of the first companies to launch commercial electric air taxi operations with its eVTOL aircraft. The results showcase a company successfully navigating the complex path from aviation startup to operational reality. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter The future of flying cars is finally here. I have been, and continue to be, extremely bullish on this opportunity. While ACHR stock is approaching its all-time high, the sky is literally the limit for this nascent technology. The company's Q1 2025 financial results exceeded Wall Street's expectations across key metrics. As a startup, the company has been in cash-burning mode for some time, yet for the quarter, Archer's net loss improved dramatically by falling 20% year-over-year to $93.4 million from $116.5 million in Q1 2024. This beat demonstrates the company's improving cost management as it approaches commercialization. Still, the company ended the quarter with $1 billion in cash and cash equivalents. This war chest increased by $196 million from year-end 2024, thanks to successful capital raises that gave the company a substantial financial runway to launch its first aircraft later this year. Archer reported an earnings per share loss of just $0.17, significantly better than analyst estimates ranging from $0.22 to $0.28 per share. Looking ahead, management projects a Q2 adjusted EBITDA loss between $100 million and $120 million, reflecting continued strategic investments in manufacturing, certification, and international expansion. Archer has moved beyond the drawing board and into serious production mode. The company began manufacturing conforming Midnight aircraft as planned, targeting up to 10 units in 2025. By year-end, Archer aims to produce two aircraft per month, as it ramps to a pace supporting meaningful commercial operations. The company has also made strategic acquisitions to strengthen its manufacturing capabilities, including a composites manufacturing facility, in a move to control key aspects of its supply chain while still leveraging established aerospace suppliers for other components. This hybrid approach differentiates Archer from competitors like Joby Aviation (JOBY), which has pursued a more vertically integrated strategy. Archer's decision to work with proven Tier 1 aerospace suppliers is intended to reduce risk and accelerate time to market. Archer has assembled an impressive group of strategic partners, such as its collaboration with Palantir Technologies (PLTR). The partnership with the technology company aims to develop next-gen artificial intelligence systems for aviation. Its partnership with United Airlines (UAL) represents a significant opportunity in the lucrative U.S. market, with plans for an air taxi network connecting Manhattan to major airports. Meanwhile, the exclusive partnership with Anduril Industries opens defense market opportunities, including hybrid VTOL aircraft for military applications. Defense contracts could accelerate cash generation as they don't require the same FAA certification process as commercial aircraft. A significant milestone for Archer remains its imminent commercial launch in the United Arab Emirates. The first piloted Midnight aircraft is expected to be delivered to the UAE this summer, with commercial passenger flights beginning by the fourth quarter of 2025. The company's 'Launch Edition' program represents a carefully crafted strategy for entering international markets with local partners who understand regional dynamics. For example, Abu Dhabi Aviation will serve as Archer's first commercial customer, with Ethiopian Airlines lined up to follow shortly thereafter. This approach allows Archer to provide comprehensive support, including aircraft, pilots, technicians, and software, while building operational expertise in real-world conditions. Beyond the UAE, Archer is actively pursuing opportunities across multiple continents. The company has identified partnerships and potential operations in India, Japan, Singapore, Australia, Saudi Arabia, and South Korea. A recent agreement with Korea's KakaoMobility targets commercial operations in South Korea by 2026. Despite the positive momentum, Archer faces significant challenges that are common to the eVTOL industry. The most critical requirement remains FAA Type Certification for its Midnight aircraft. While Archer has secured important certifications like Part 135 for air carrier operations, full type certification remains pending and could influence commercial launch timelines in the U.S. Further, competition is intensifying. Well-funded rivals like Joby Aviation are racing to capture similar markets, and early commercial success will likely depend on execution, timing, and the ability to scale operations efficiently. Archer Aviation is rated a Strong Buy based on the most recent recommendations of seven analysts (6 Buy, 1 Hold). The average 12-month price target for ACHR stock is $12.83, representing a ~5% downside from current levels. Despite the downside price targets, most analysts remain bullish about Archer's prospects post earnings. For instance, Cantor Fitzgerald analyst Andres Sheppard maintains a bullish stance with a $13 price target, citing the company's strong position in advanced air mobility and valuable partnerships. Needham's Chris Pierce and H.C. Wainwright's Amit Dayal both maintain Buy ratings with price targets of $13 and $12.50, respectively. They cite Archer's diversified approach, combining civil and defense markets, and its substantial cash position, which provides flexibility during the critical commercialization phase. We're witnessing a pivotal moment in aviation history, and Archer is emerging as a frontrunner. With a solid financial foundation, rapidly advancing manufacturing capabilities, and commercial operations just around the corner, the company is well-positioned to spearhead the eVTOL movement. Its upcoming launch in the UAE will be a critical milestone—one that could prove not only the Midnight aircraft's technical readiness but also the broader operational and economic case for eVTOLs. A successful rollout could open the door to global expansion and reinforce confidence in the market's long-term potential. I remain bullish on Archer's outlook. Its leadership position makes it an attractive opportunity for investors seeking exposure to the fast-developing urban air mobility space. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio

Punxsutawney Phil could deliver Michigan GOP tax cut proposals
Punxsutawney Phil could deliver Michigan GOP tax cut proposals

Yahoo

time14 hours ago

  • Yahoo

Punxsutawney Phil could deliver Michigan GOP tax cut proposals

PUNXSUTAWNEY, PENNSYLVANIA - FEBRUARY 2: Groundhog handler AJ Dereume holds Punxsutawney Phil after he saw his shadow predicting 6 more weeks of winter during the 139th annual Groundhog Day festivities on Friday February 2, 2025 in Punxsutawney, Pennsylvania. Groundhog Day is a popular tradition in the United States and Canada. If Punxsutawney Phil sees his shadow he regards it as an omen of six more weeks of bad weather and returns to his den. Early spring arrives if he does not see his shadow, causing Phil to remain above ground. (Photo by) As Republicans attempt to regain control of state government next year, I'm reminded of the movie, 'Groundhog Day.' In this 1993 film, Bill Murray plays a cynical weatherman who goes to Punxsutawney, Pa. to film the town's annual Groundhog Day celebration and finds himself reliving the same day over and over again. Likewise, Michigan Republican office holders and those seeking statewide and legislative seats have for decades repeatedly called for tax cuts they say will make us richer and transform the state's economy. They won't, but I'll get to that in a bit. Republicans running for office this year are turbocharging their tax-cut message. Not content to just slash tax rates, some are calling for the elimination of the personal income tax. (Democratic Gov. Gretchen Whitmer is term limited and cannot run for reelection.) Former state Attorney General Mike Cox, who is seeking the GOP nomination for governor, is among those attempting to rebrand the income tax as a 'tax on work' and calling for its demise. Cox doesn't say on his campaign website how or if he would replace the approximate $12 billion the personal income tax annually generates. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX 'Our paychecks should go toward our families, not Lansing's pet projects,' Cox said. Republicans say killing or at least cutting the income tax would put Michigan on a more competitive footing with Florida, Tennessee, Texas and a handful of other states that don't levy income taxes. A bill to trim the personal income tax rate from 4.25% to 4.05% passed the House in March but hasn't been taken up by the Democratic-controlled Senate. 'If we cut taxes now and scale back regulations, we could become one of the nation's strongest economies,' Rep. Bryan Posthumus (R-Rockford) wrote on X this week. The wealthy West Michigan DeVos family is bankrolling a multimillion-dollar effort to return Michigan to GOP control. Former Republican National Committee chairwoman Ronna McDaniel has been named CEO of the newly formed Michigan Forward Network. 'We need to make Michigan reliably red,' McDaniel told the Wall Street Journal. 'We need to become a state like Ohio.' Fun fact: Michigan adopted the income tax in 1967 during the administration of Republican Gov. George Romney, McDaniel's grandfather. But taxes aren't the root of Michigan's long-term economic slide. A recent in-depth study of state tax policies by the conservative Tax Foundation shows that Michigan's tax structure stacks up pretty well with other states. The Foundation's 2025 State Tax Competitive Index ranks Michigan 14th best overall, ahead of every Great Lakes state except Indiana, which ranks 10th. The index is a compilation of personal, corporate, sales, property and unemployment insurance taxes. Notably, Michigan ranks ninth best in corporate taxes, ahead of fast-growing states such as Florida, South Carolina and Texas. The study also describes Michigan's 4.25% personal income tax as 'relatively low.' Ohio, McDaniel's model state, ranks 35th in the Tax Foundation's tax competitiveness index. Michigan has the 33rd lowest state tax burden in the country, an April study by Wallet Hub found. State taxes as a percentage of personal income are lower now than they were 25 years ago, according to the Michigan House Fiscal Agency. Yet as business taxes were slashed and the tax burden on residents fell, Michigan became alarmingly poorer compared to the rest of the country. From at least as far back at 1970 until the mid-1990s, Michigan's per capita income was above or about the same as U.S. per capita income. But it has since fallen to about 88 percent of national per capita income, a revealing state Senate Fiscal Agency chart shows. The stunning decline occurred throughout Democratic and Republican administrations, largely caused by the significant loss of high-paying blue-collar auto and other manufacturing jobs. Most of those jobs aren't coming back, despite the focus on restoring manufacturing by both parties. And there's another problem: most Americans don't want to work in factories. Automaking will continue to be a critical part of the state's economy­—unless President Donald Trump destroys it with his foolish trade war. But Michigan won't get wealthier unless it shifts from a business-focused to a talent-and-place-centered economic strategy. Boosting educational attainment, making our cities more attractive to young talent, and developing transit are requirements. Detroit 'would be a different city' with transit, billionaire businessman Dan Gilbert once said. 'And again, it would give us the ability to attract more talent here.' The Tax Foundation and Wallet Hub studies show that low taxes don't automatically translate to high incomes. States such as Illinois, Massachusetts and Minnesota have some of the worst tax climates and burdens in the country, the studies show. But they're also among the wealthiest states in the country. Those states feature a high percentage of college graduates, good public transit, and attractive cities and metro areas. Illinois and Minnesota, both blue states, have the highest per capita incomes among Great Lakes states. They should serve as economic models for Michigan, not Ohio. Otherwise, it will continue to be Groundhog Day in the Wolverine State.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store