Latest news with #BrentThill
Business Insider
18 hours ago
- Business
- Business Insider
Jefferies Sticks to Its Buy Rating for Elastic (ESTC)
In a report released yesterday, Brent Thill from Jefferies maintained a Buy rating on Elastic (ESTC – Research Report), with a price target of $110.00. The company's shares closed yesterday at $92.03. Confident Investing Starts Here: According to TipRanks, Thill is a 5-star analyst with an average return of 13.6% and a 66.53% success rate. Thill covers the Technology sector, focusing on stocks such as Adobe, Intuit, and Microsoft. Currently, the analyst consensus on Elastic is a Moderate Buy with an average price target of $119.86, which is a 30.24% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $115.00 price target. ESTC market cap is currently $9.69B and has a P/E ratio of -71.20. Based on the recent corporate insider activity of 56 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 ESTC in relation to earlier this year. Most recently, in March 2025, Carolyn Herzog, the CLO of ESTC sold 4,500.00 shares for a total of $440,415.00.
CNBC
2 days ago
- Business
- CNBC
Salesforce spikes after earnings then gives back gains
Brent Thill, Jefferies tech sector lead, joins 'Closing Bell Overtime' to talk Salesforce quarterly results and earnings call.
Globe and Mail
3 days ago
- Business
- Globe and Mail
Jefferies' Top Analyst Names Microsoft Stock 'Top AI Pick'
Jefferies' top analyst, Brent Thill, called Microsoft (MSFT) stock 'our top AI pick' after returning impressed from the tech giant's annual developer conference, MSFT Build 2025, held in Seattle last week. Thill maintained his 'Buy' rating on MSFT stock, along with a price target of $550, which implies 22.2% upside potential from current levels. He stated that Microsoft is focused on becoming more of an artificial intelligence (AI) platform, positioning it strongly to capitalize on the rapidly-evolving AI sector. Confident Investing Starts Here: Thill is a five-star analyst on TipRanks, ranking #118 out of the 9,562 analysts covered. He boasts an impressive success rate of 67% and an average return per rating of 13.20%. Thill's 5 Key Takeaways from Microsoft Build The Microsoft Build conference brings together thousands of developers and technology enthusiasts, offering them hands-on experience and the opportunity to connect with Microsoft's engineers. Each year, the event showcases the company's latest technologies, tools, and platforms, with a focus on Microsoft's ecosystem, including Windows, Azure Cloud Services, NET, Microsoft 365, AI, and more. Let's take a brief look at Thill's 5 key takeaways from this year's conference. Microsoft is expected to roll out its updated Copilot platform, which leverages the power of AI reasoning through Researcher and Analyst agents. Thill noted that although Copilot's adoption is still in its early stages, the company remains committed to rolling out the updates. The analyst cited two major barriers for Copilot's success: data access and governance, which could hamper the model's accuracy as well as its ability to operate transparently, ethically, and securely. He believes the overall macroeconomic environment remains cautiously optimistic, but Microsoft is mostly viewed as a safe haven. Thill anticipates that Microsoft is leaning toward becoming an open platform and hub for AI. To conclude, Thill noted that developers were generally excited about Copilot's improvement over the past three to six months and its ability to quickly integrate future reasoning models. He also mentioned that the updated Copilot, with enhanced research capabilities, will help narrow the gap between OpenAI's Deep Research. Additionally, the rollout of Copilot Search and Copilot Memory in June should further close this gap. Is Microsoft Stock a Good Buy? Wall Street remains highly optimistic about Microsoft's long-term stock trajectory. On TipRanks, MSFT stock has a Strong Buy consensus rating based on 30 Buys and five Hold ratings. Also, the average Microsoft price target of $512.34 implies 13.8% upside potential from current levels. Year-to-date, MSFT stock has gained 7.2%. See more MSFT analyst ratings
Yahoo
3 days ago
- Business
- Yahoo
Jefferies Names Microsoft (MSFT) Its Top AI Pick After 'Build 2025'
Jefferies' top tech analyst, Brent Thill, has named Microsoft Corp. (NASDAQ: MSFT) his 'top AI pick' following the company's annual developer conference, Build 2025, held in Seattle last week. In a research note on May 23, Thill reaffirmed his Buy rating on the stock and maintained a price target of $550, highlighting Microsoft's strategic focus on artificial intelligence as a key driver of future growth. Asif Islam / Thill described Microsoft Corp. (NASDAQ: MSFT) evolving into a comprehensive AI platform, positioning it to lead in the fast-moving AI landscape. He emphasized the company's growing momentum in AI services and infrastructure, noting a strong reception from the developer community. One of the standout themes from Build 2025 was Copilot, Microsoft's AI assistant, which Thill said had made meaningful progress over the past three to six months. Developers were particularly enthusiastic about its enhanced capabilities and the ease with which it can integrate next-generation reasoning models. Thill also noted that the updated Copilot now features advanced research tools, which he believes will help close the functionality gap with OpenAI's Deep Research, further strengthening Microsoft's competitive edge in enterprise AI solutions. With continued innovation and broad developer support, Microsoft remains a major force in shaping the future of artificial intelligence, according to Jefferies. While we acknowledge the potential of MSFT as an investment, 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 MSFT and that has 100x upside potential, check out our report about this . Read More: and 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
Business Insider
4 days ago
- Business
- Business Insider
Salesforce buyout of Informatica would make sense, says Jefferies
Jefferies analyst Brent Thill keeps a Buy rating on Salesforce (CRM) with a $375 price target after Bloomberg reported the company is in talks to acquire Informatica (INFA). A 10% premium to Friday's close implies a deal at 5.1-times forward revenue versus 7.4-times when chatter last circulated in April 2024, the analyst tells investors in a research note. The firm says that since then, growth has decelerated at Informatica and Salesforce is facing growing pressure to increase adoption of Agentforce, which Informatica could help with. As such, Jefferies believes a deal would make sense. It believes the deal price is more attractive now than last year. Confident Investing Starts Here:
