Latest news with #AsiyaMerchant
Yahoo
2 days ago
- Business
- Yahoo
Citi Keeps Buy on DELL, Boosts Price Target as Q4 EPS Beats Estimates
Citi analyst Asiya Merchant recently raised the price target on Dell Technologies Inc. (NYSE:DELL) to $128 from $105 and kept a Buy rating on the shares as part of an earnings preview for the North America hardware group. Dell designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services. In an investor note, the analyst noted that the advisory increased estimates slightly to reflect upside revision to Citi's US real GDP growth forecast and first half of the year PC pull forward. Looking ahead, Citi continued to see fundamental pressures on enterprise capex spending as long as tariff uncertainty loomed. The analyst thinks the companies could see pushouts and lengthening sales cycles amid rising economic uncertainty and weakening business sentiment. A team of IT experts discussing the latest network security trends over a laptop screen. In earnings for the fourth fiscal quarter, the firm reported EPS of $2.68, beating estimates by $0.16. The revenue over the time was $23.93 billion, missing estimates by $640 million. While we acknowledge the potential of DELL, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DELL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None. 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
Yahoo
2 days ago
- Business
- Yahoo
Citi Keeps Buy on DELL, Boosts Price Target as Q4 EPS Beats Estimates
Citi analyst Asiya Merchant recently raised the price target on Dell Technologies Inc. (NYSE:DELL) to $128 from $105 and kept a Buy rating on the shares as part of an earnings preview for the North America hardware group. Dell designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services. In an investor note, the analyst noted that the advisory increased estimates slightly to reflect upside revision to Citi's US real GDP growth forecast and first half of the year PC pull forward. Looking ahead, Citi continued to see fundamental pressures on enterprise capex spending as long as tariff uncertainty loomed. The analyst thinks the companies could see pushouts and lengthening sales cycles amid rising economic uncertainty and weakening business sentiment. A team of IT experts discussing the latest network security trends over a laptop screen. In earnings for the fourth fiscal quarter, the firm reported EPS of $2.68, beating estimates by $0.16. The revenue over the time was $23.93 billion, missing estimates by $640 million. While we acknowledge the potential of DELL, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DELL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None.
Globe and Mail
3 days ago
- Business
- Globe and Mail
Does Super Micro Computer Stock (SMCI) Have More Room to Run?
(SMCI) stock has rallied 36% so far in 2025. After a rollercoaster ride last year due to several negatives, including accusations related to accounting irregularities and delay in filing of financial statements, the stock has risen in 2025 due to improved investor sentiment for the AI server maker. Nonetheless, analysts are currently divided on SMCI stock, with the average price target indicating that the stock could be range-bound. Confident Investing Starts Here: Analysts Are Divided on SMCI Stock SMCI Bulls are optimistic about its growth prospects amid the ongoing AI boom, given recent wins like the $20 billion partnership with DataVolt to develop hyperscale AI campuses in Saudi Arabia and the U.S. However, other analysts are concerned about the company's disappointing fiscal third-quarter performance and dismal guidance and a potential slowdown in AI spending due to macro pressures. Moreover, Super Micro didn't issue guidance for Fiscal 2026, citing tariff-related uncertainties. Recently, Citi analyst Asiya Merchant reiterated a Hold rating on SMCI stock with a price target of $37. Reacting to the DataVolt agreement, the 5-star analyst said that the news is a positive read-through for the underlying demand momentum for SMCI and AI infrastructure hardware players that cater to the tier 2, neo cloud, GPU as a service cloud providers, and sovereign entities. That said, Merchant remains sidelined on SMCI stock due to rising competition. Meanwhile, Raymond James analyst Simon Leopold initiated coverage of SMCI stock with a price target of $41. The 5-star analyst stated that SuperMicro has emerged as a 'market leader' in AI-optimized infrastructure. He highlighted that AI platforms now comprise nearly 70% of SMCI's topline, with the company also expanding its share of the branded AI server market. Leopold thinks that SMCI has positioned itself in a 'sweet spot' between the branded IT suppliers like Dell (DELL) and HP Enterprise (HPE), and contract manufacturers like Quanta. While tariffs and technology transitions, like Nvidia's (NVDA) Hopper to Blackwell processors, present risks over the intermediate term, Leopold believes that AI projects represent a long-term secular driver for SMCI. Further, Mizuho analyst Vijay Rakesh recently raised price targets for several AI server-related stocks, citing growing demand and momentum across the supply chain. In particular, the 5-star analyst increased the price target for Super Micro Computer stock to $40 from $32, noting the company's leadership in AI server deployments. However, Rakesh maintained a Hold rating on SMCI stock and cautioned investors about 'increasing competition and weak AI server margins.' Is SMCI Stock a Good Buy? Overall, Super Micro Computer stock scores a Moderate Buy consensus rating based on six Buys, five Holds, and one Sell recommendation. The average SMCI stock price target of $40.83 suggests that the stock could be range-bound. See more SMCI analyst ratings Disclaimer & Disclosure Report an Issue
Yahoo
06-05-2025
- Business
- Yahoo
Dell Technologies Recieves Bullish Calls as AI Infrastructure Demand Surges
May 6 - Dell Technologies (NYSE:DELL) is capturing investor attention in 2025, driven by its push into AI?powered data center hardware and enterprise solutions. Once best known for PCs, Dell has ramped up its cloud computing and high?performance server offerings. As companies boost tech spending and adopt AI, Dell's hybrid?cloud and AI infrastructure positioning stands out. Analysts maintain a "Strong Buy" consensus on DELL stock, though tariff worries and softer demand have led several to trim price targets. Year?to?date, DELL shares have slid about 19%, reflecting broader market pressures. Dell Technologies Recieves Bullish Calls as AI Infrastructure Demand Surges Bank of America's five?star analyst Wamsi Mohan reiterated a Buy rating and a $150 target, citing Dell's AI partnerships showcased at Nvidia's (NASDAQ:NVDA) GTC 2025 event. Dell's end?to?end AI stack, from AI?enabled PCs to GPU?powered racksearned special mention. At Citi, five?star analyst Asiya Merchant kept her Buy call but cut her target to $105, flagging weaker data center and PC spending despite potential tariff relief. Other firms, including Morgan Stanley and J.P. Morgan, have similarly lowered targets amid macro uncertainties. Dell Technologies Recieves Bullish Calls as AI Infrastructure Demand Surges Based on the consensus recommendation from 24 brokerage firms, Dell Technologies Inc's (NYSE:DELL) average brokerage recommendation is currently 2.0, indicating a "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell. This article first appeared on GuruFocus.
