logo
Analysts Offer Insights on Technology Companies: DocuSign (DOCU), Adyen (OtherADYYF) and Intel (INTC)

Analysts Offer Insights on Technology Companies: DocuSign (DOCU), Adyen (OtherADYYF) and Intel (INTC)

Globe and Mail17-04-2025

Analysts have been eager to weigh in on the Technology sector with new ratings on DocuSign (DOCU – Research Report), Adyen (ADYYF – Research Report) and Intel (INTC – Research Report).
Stay Ahead of the Market:
Discover outperforming stocks and invest smarter with Top Smart Score Stocks.
Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.
DocuSign (DOCU)
In a report released yesterday, Michael Turrin from Wells Fargo maintained a Sell rating on DocuSign, with a price target of $73.00. The company's shares closed last Wednesday at $76.39.
According to TipRanks.com, Turrin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.3% and a 41.1% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, ServiceTitan, Inc. Class A, and Zoom Video Communications. ;'>
The word on The Street in general, suggests a Hold analyst consensus rating for DocuSign with a $94.36 average price target.
Adyen (ADYYF)
In a report released today, Justin Forsythe from UBS maintained a Buy rating on Adyen. The company's shares closed last Wednesday at $1685.20.
Forsythe has an average return of 13.0% when recommending Adyen. ;'>
According to TipRanks.com, Forsythe is ranked #2043 out of 9418 analysts.
Currently, the analyst consensus on Adyen is a Strong Buy with an average price target of $2316.27, which is a 37.4% upside from current levels. In a report issued on April 8, Evercore ISI also initiated coverage with a Buy rating on the stock with a EUR1775.00 price target.
Intel (INTC)
In a report released today, Aaron Rakers from Wells Fargo maintained a Hold rating on Intel, with a price target of $25.00. The company's shares closed last Wednesday at $19.23, close to its 52-week low of $18.51.
According to TipRanks.com, Rakers is a 5-star analyst with an average return of 17.8% and a 55.6% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies. ;'>
The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $23.00 average price target, a 18.9% upside from current levels. In a report issued on April 3, Robert W. Baird also maintained a Hold rating on the stock with a $20.00 price target.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Empowering the Future of HPC: MiTAC Showcases Advanced Server Platforms at ISC High Performance 2025
Empowering the Future of HPC: MiTAC Showcases Advanced Server Platforms at ISC High Performance 2025

Cision Canada

time15 hours ago

  • Cision Canada

Empowering the Future of HPC: MiTAC Showcases Advanced Server Platforms at ISC High Performance 2025

HAMBURG, Germany, June 10, 2025 /CNW/ -- MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings Corp. (TSE:3706) and a leading manufacturer in server platform design, unveils its Advanced Server Platforms at ISC High Performance 2025, Booth #A02. Featuring AMD EPYC™ 9005 Series and Intel ® Xeon ® 6 processors, these platforms highlight MiTAC's commitment to delivering robust performance, efficiency, and scalability tailored to specific needs for AI computing. Intel® Xeon® 6 Platform Solutions: Balancing Performance and Energy Efficiency for AI-Driven Workloads MiTAC introduces its latest Intel-based servers optimized for modern data center workloads: R2520G6 – A 2U dual-socket compute server, purpose-built for performance and power efficiency across AI, cloud, and enterprise applications. Supporting up to 8TB of DDR5 memory, four PCIe 5.0 x16 slots, and flexible U.2 and E1.S storage options, the R2520G6 delivers a robust, scalable foundation for data-intensive operations. M2710G6 – A 2U 2-node system targeting cloud service providers and hyperscalers. Each node supports single Intel Xeon 6900P processor with up to 128 cores per node, enabling high-density virtualization and containerized workload deployment at scale. G4520G6 – A GPU-accelerated compute platform for AI and HPC, equipped with dual Intel Xeon 6700P processors and eight double-width GPU slots, delivering exceptional parallel processing capabilities. The system includes 32 DDR5-6400 RDIMM slots and redundant 80 PLUS Titanium power supplies for maximum throughput with optimized energy use. Built on the Intel Xeon 6 architecture, MiTAC's solutions integrate AI accelerators, high-speed I/O, and power-aware design to meet the evolving demands of intelligent computing with a sustainable approach. AMD EPYC™ 9005 Series Platforms: Scalable Computing with Enhanced Sustainability MiTAC leverages the performance-per-watt advantages of AMD EPYC™ 9005 Series processors to deliver next-generation efficiency for AI, HPC, and cloud-native workloads: TYAN GC68C-B8056 – A 1U single-socket server purpose-built for high-density cloud and AI environments. Featuring 24 DDR5 DIMM slots, 12 tool-less 2.5-inch NVMe U.2 hot-swap bays, and optimized thermal design, this platform delivers high compute performance with industry-leading energy efficiency. M2810Z5 – A 2U 4-node single-socket system that supports AMD EPYC 9005 processors. Each node is equipped with 12 DDR5 DIMM slots (up to 3TB memory per node) and supports four E1.S drives, enabling dense, modular compute with scalable memory and storage resources—ideal for space- and power-conscious AI and HPC deployments. MiTAC's AMD-based solutions empower organizations to enhance data center sustainability, reduce energy consumption, and scale efficiently—without compromising performance. Experience MiTAC's Commitment to Sustainable Innovation At ISC 2025, MiTAC demonstrates its forward-looking approach to intelligent infrastructure—delivering platforms that support next-generation AI and HPC workloads while advancing data center sustainability. Visit MiTAC at Booth #A02 to discover how our Intel and AMD-powered solutions enable energy-efficient, high-performance computing built for the future of AI, cloud, and hyperscale operations. About MiTAC Computing Technology Corporation MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methods to ensure uncompromising quality not just at the barebone level but, more importantly, at the system and rack levels—where true performance and integration matter most. This commitment to quality at every level sets MiTAC Computing apart from others in the industry. The company provides tailored platforms for hyperscale data centers, HPC, and AI applications, guaranteeing optimal performance and scalability. With a global presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing offers flexible, high-quality solutions designed to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG and TYAN server products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to tackle future challenges.

INTC Plunges 35% in the Past Year: Should You Dump the Stock?
INTC Plunges 35% in the Past Year: Should You Dump the Stock?

Globe and Mail

timea day ago

  • Globe and Mail

INTC Plunges 35% in the Past Year: Should You Dump the Stock?

Intel Corporation INTC has plunged 35.1% over the past year against the industry 's growth of 12.3%, lagging its peers Advanced Micro Devices, Inc. AMD and NVIDIA Corporation NVDA. While NVIDIA stock is up 16.4%, Advanced Micro has declined 27.5% over this period. Much of Intel's underperformance is attributable to the severe financial difficulties and operational challenges as it plays a catch-up game with its rivals. One-Year INTC Stock Price Performance INTC Slow Off the Blocks? While most of the competitors evolved with the changing demand patterns, Intel fell behind others as it hung on to its legacy products. For example, despite making significant inroads in AI (artificial intelligence) chips, Intel lagged NVIDIA on the innovation front with the latter's H100 and Blackwell graphics processing units (GPUs) being runaway successes. This offered a competitive advantage to NVIDIA, with leading technology companies reportedly piling up NVIDIA's GPUs to build clusters of computers for their AI work. Moreover, Intel has been facing challenges due to the disruptive rise of over-the-top service providers in this dynamic industry. Price-sensitive competition for customer retention in the core business is expected to intensify in the coming days. Aggressive competition is likely to limit the ability to attract and retain customers and affect operating and financial results. Bitter US-China Trade Ties Continue to Hurt INTC An accelerated ramp-up of AI PCs has significantly affected Intel's short-term margins, as it shifted production to its high-volume facility in Ireland, where wafer costs are typically higher. Margins were also adversely impacted by higher charges related to non-core businesses, charges associated with unused capacity and an unfavorable product mix. Competitive pricing pressure from rivals has further dented its profitability. China accounted for more than 29% of Intel's total revenues in 2024, making it the single largest market for the company. However, the communist nation's purported move to replace U.S.-made chips with domestic alternatives significantly affected INTC's revenue prospects. The directive to phase out foreign chips from key telecom networks by 2027 underscores Beijing's accelerating efforts to reduce reliance on Western technology amid escalating U.S.-China trade and tariff tensions. As Washington tightens restrictions on high-tech exports to China, Beijing has intensified its push for self-sufficiency in critical industries. This shift poses a dual challenge for Intel, as it faces potential market restrictions and increased competition from domestic chipmakers. In addition, weaker spending across consumer and enterprise markets, especially in China, resulted in elevated customer inventory levels. Estimate Revision Trend for INTC Earnings estimates for Intel for 2025 have moved down 40.8% to 29 cents over the past year, while the same for 2026 has declined 31.2% to 77 cents. The negative estimate revision depicts bearish sentiments for the stock. INTC Realigning Manufacturing Strategy Intel is investing to expand its manufacturing capacity to accelerate its IDM 2.0 (Integrated Device Manufacturing) strategy. Interim management is committed to keeping the core strategy unchanged despite efforts to drive operational efficiency and agility. The company is emphasizing the diligent execution of operational goals to establish itself as a leading foundry. Its latest Xeon 6 processors with Performance-cores (P-Cores) can support large AI workloads across diverse sectors. With industry-leading capabilities in AI processing, the Xeon 6 family delivers the industry's best CPU for AI at a lower total cost of ownership. Intel's innovative AI solutions are set to benefit the broader semiconductor ecosystem by driving down costs, improving performance and fostering an open, scalable AI environment. The company has received $7.86 billion in direct funding from the U.S. Department of Commerce for its commercial semiconductor manufacturing projects under the U.S. CHIPS and Science Act. The funds will support Intel in advancing critical semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon, likely paving the way for innovation and growth. Intel remains on track with its 5N4Y (five nodes in four years) program to regain transistor performance and power performance leadership by 2025. Intel Xeon platforms have reportedly set the benchmark in 5G cloud-native core with substantial performance and power-efficiency improvements, additional power-saving capabilities and easy-to-deploy software. This has triggered healthy demand trends from major telecom equipment manufacturers and independent software vendors to optimize and unleash proven power savings for a more sustainable future. End Note Intel's innovative AI solutions hold immense promise for the broader semiconductor ecosystem. By addressing the challenges of scalability, performance and interoperability, it is paving the way for widespread AI adoption across enterprises worldwide. Management is focusing on simplifying parts of its portfolio to unlock efficiencies and create value. However, the recent product launches appear 'too little, too late' for Intel. In addition, margin woes amid strict export restrictions, unfavorable product mix and elevated customer inventory levels weigh on its bottom line. Declining earnings estimates remain an overhang. With a Zacks Rank #3 (Hold), Intel appears to be treading in the middle of the road, and investors could be better off if they exercise caution and stay invested for long-term gains. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Intel Corporation (INTC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report

Intel's Dual Gamble: AI Innovation Now, Foundry Fortunes Later?
Intel's Dual Gamble: AI Innovation Now, Foundry Fortunes Later?

Globe and Mail

timea day ago

  • Globe and Mail

Intel's Dual Gamble: AI Innovation Now, Foundry Fortunes Later?

[content-module:CompanyOverview|NASDAQ:INTC] Intel Corporation (NASDAQ: INTC) continues pursuing a demanding dual strategy to revitalize its market standing and financial health. The company's stock price is hovering near $20.25 in early June 2025, reflecting a significant investor evaluation of its turnaround prospects. The company's turnaround strategy hinges on successfully balancing two core imperatives. First, Intel must drive rapid innovation and capture immediate market share in artificial intelligence (AI)-powered client and data center products. Second, Intel must complete its current Foundry business undertaking and become a global player in contract chip manufacturing. The effective management of these distinct yet interconnected ambitions is the most critical factor that could reshape Intel's market position and ultimately enhance shareholder value. The AI Engine: Intel's Bid for Immediate Product Wins Intel's immediate focus on integrating artificial intelligence across its key product lines is designed to generate quicker financial returns and demonstrate market leadership. Success in this arena could provide vital momentum and resources while its longer-term foundry ambitions continue to mature. In the Client Computing Group (CCG), Intel is aggressively targeting the burgeoning AI PC market. Key initiatives include: Product Pipeline: Leveraging its Core Ultra processors and advancing a roadmap that features Panther Lake, Lunar Lake, Arrow Lake, and newly outlined CPUs like Nova Lake-S/U, Wildcat Lake, and Bartlett Lake-S. Market Target: A stated goal of shipping over 100 million AI PCs by the end of 2025. Financial Potential: This AI PC push could increase Average Selling Prices (ASPs) and improve profit margins for the CCG segment, which recorded $7.6 billion in revenue in Q1 2025. Within the Data Center and AI (DCAI) segment, Intel is also making strides: Key Offerings: The rollout of new Xeon 6 processors and Gaudi 3 AI accelerators aims to strengthen Intel's competitive position against rivals in the high-growth AI infrastructure market. Performance Metrics: The DCAI segment showed positive momentum with $4.1 billion in revenue in Q1 2025, an 8% year-over-year increase. Strong market adoption and financial performance from these AI-centric products could offer significant near-term catalysts for Intel's stock, potentially alleviating some investor concerns stemming from the high costs associated with its foundry development strategy. Intel's Foundry Bet: High Stakes, High Rewards Parallel to its AI product drive, Intel is pursuing the transformative, multi-year goal of establishing Intel Foundry as a world-leading contract manufacturer, a cornerstone of its IDM 2.0 strategy. This endeavor is crucial for Intel's long-term competitive positioning but comes with substantial financial commitments and execution risks. Key aspects of this long-term strategy include: Technological Reclamation: The "five nodes in four years" roadmap is central to regaining leadership in the manufacturing process. The Intel 18A node, which entered risk production in April 2025 and features advanced RibbonFET transistors and PowerVia backside power delivery, is a critical test. The new Panther Lake CPUs are slated to be its first products, and their release is anticipated in the second half of 2025. Building Credibility and Business: Securing commitments from major external customers is paramount. Microsoft (NASDAQ: MSFT) has already committed to using Intel 18A for a future chip design, and a partnership with Amazon Web Services covers Intel 3 and 18A nodes. These are vital early endorsements. The Financial Hurdle: The foundry segment currently operates at a significant loss, reporting a $2.3 billion operating deficit in Q1 2025. Intel is targeting break-even status for this division by 2027, a crucial milestone given the $18 billion gross capital expenditure target for 2025. Furthermore, Intel Foundry must "earn" business from Intel's product divisions, a dynamic intended to ensure its competitiveness against external foundries like TSMC. This foundry venture's perceived risks and eventual payoff heavily influence investor sentiment towards Intel's stock. Demonstrable progress in technology, customer acquisition, and a clear path to profitability are essential long-term drivers for the stock. Gauging Risks and Rewards in Intel's Dual Strategy [content-module:Forecast|NASDAQ:INTC] Intel's dual strategy, while ambitious, presents a compelling risk/reward scenario for investors. With the stock trading near its 52-week low and a cautious analyst consensus, much of the market's skepticism appears to be priced in. This environment potentially offers an attractive entry point for long-term investors, particularly considering upcoming catalysts such as the Panther Lake CPU launch in late 2025. While execution risks persist in product innovation and foundry development, the potential upside is considerable. Intel's strategic push into high-growth AI segments aims to bolster its near-term financial performance. These gains can, in turn, support the capital-intensive build-out of Intel Foundry, which benefits from government incentives and a global need for diversified chip manufacturing. This potential is supported by Intel's sizable asset base, reflected in a price-to-book ratio (P/B) of approximately 0.83. Investors should monitor key indicators for positive momentum: Stronger AI product sales and margin improvements. New high-volume foundry customer wins and clear progress on the Intel 18A manufacturing ramp. A steady climb in overall gross margins from the current Q2 non-GAAP guidance of ~36.5% towards the company's +50% target. Successfully hitting these markers could significantly shift the current market narrative, suggesting Intel has the resources and strategy to achieve its objectives and deliver notable long-term shareholder value. Intel's Need for Tangible Results [content-module:TradingView|NASDAQ:INTC] Intel's journey to redefine its market position and deliver enhanced shareholder value is intricately tied to its ability to execute its dual mandate flawlessly. Near-term successes in the AI PC and data center markets, driven by compelling product innovation, are essential for immediate financial health. They build confidence and provide the resources needed for the longer, more arduous path of establishing a globally competitive and profitable foundry business. Ultimately, consistent and tangible results across both these strategic fronts will be the decisive factor in Intel's turnaround and its ability to reward patient investors. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...

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