Latest news with #BrianBlanchett
Yahoo
28-05-2025
- Business
- Yahoo
Stifel Affirms Buy Rating on Illumina (ILMN) Stock
Analysts at Stifel are bullish about Illumina, Inc.'s (NASDAQ:ILMN) prospects despite the stock capitulating 36% year to date. On May 28, the analysts reiterated a Buy rating on the stock and a $135 price target. The firm's confidence stems from recent investor meetings with Illumina's CFO Ankur Dhingra and Interim Head of Investor Relations Brian Blanchett, offering valuable insights into the company's performance and future outlook, especially regarding consumables beyond China. A biopharmaceutical research laboratory filled with scientists, illuminated by the glow of their equipment. Even though academic spending slowed in Q1, sequencing activity remains strong, and the clinical outlook looks positive. Illumina has a 68.6% gross margin and $4.3 billion in annual revenue. While Stifel analysts see some risk in expecting the same 30%+ growth for the rest of the year, management remains confident in its 2025 forecasts. Illumina's high-throughput (HT) consumables growth framework remains on track, with new product launches positioned as key drivers of future success. Stifel analysts caution that a complete loss of China revenue could lead to little or no growth in 2026, yet they see it as a potentially beneficial reset for the company's profit and loss statement, which could strengthen the stock's long-term outlook. Illumina is a life science company that develops and manufactures tools and systems for genomics research. It offers a range of products and services, including sequencing platforms and microarrays that enable clinicians to analyze genetic information and make discoveries. While we acknowledge the potential of Illumina, Inc. (NASDAQ:ILMN) 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 ILMN and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now 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
28-05-2025
- Business
- Yahoo
Stifel Affirms Buy Rating on Illumina (ILMN) Stock
Analysts at Stifel are bullish about Illumina, Inc.'s (NASDAQ:ILMN) prospects despite the stock capitulating 36% year to date. On May 28, the analysts reiterated a Buy rating on the stock and a $135 price target. The firm's confidence stems from recent investor meetings with Illumina's CFO Ankur Dhingra and Interim Head of Investor Relations Brian Blanchett, offering valuable insights into the company's performance and future outlook, especially regarding consumables beyond China. A biopharmaceutical research laboratory filled with scientists, illuminated by the glow of their equipment. Even though academic spending slowed in Q1, sequencing activity remains strong, and the clinical outlook looks positive. Illumina has a 68.6% gross margin and $4.3 billion in annual revenue. While Stifel analysts see some risk in expecting the same 30%+ growth for the rest of the year, management remains confident in its 2025 forecasts. Illumina's high-throughput (HT) consumables growth framework remains on track, with new product launches positioned as key drivers of future success. Stifel analysts caution that a complete loss of China revenue could lead to little or no growth in 2026, yet they see it as a potentially beneficial reset for the company's profit and loss statement, which could strengthen the stock's long-term outlook. Illumina is a life science company that develops and manufactures tools and systems for genomics research. It offers a range of products and services, including sequencing platforms and microarrays that enable clinicians to analyze genetic information and make discoveries. While we acknowledge the potential of Illumina, Inc. (NASDAQ:ILMN) 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 ILMN and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None.
Epoch Times
30-04-2025
- Business
- Epoch Times
New Shipbuilding Deal Promises Swifter Sailing for the US Navy
Commentary Recently, America's largest military shipbuilder signed a This new agreement comes as President Donald Trump has just issued an executive order on ' Virginia-based Huntington Ingalls Industries builds Arleigh-Burke destroyers, amphibious warships, aircraft carriers, and nuclear submarines for the U.S. Navy. US Navy Shipbuilders Consistently Late and Over Budget American shipbuilders like Huntington Ingalls and others have come in for quite a Hyundai Heavy Industries has, conversely, been widely praised for its efficient business practices, which enable it to deliver ships consistently on time and under budget. Indeed, the Republic of Korea has been America's capable business partner and faithful ally. More than ever, it is in the clear interest of the United States to build on that steadfast relationship and notch up the pivotal partnership to the next pragmatic level. Related Stories 4/24/2025 4/23/2025 A Partnership to Deliver the Ships the Navy Needs American policymakers have already expressed hopes that the U.S. Navy and The new agreement between Huntington Ingalls and Hyundai Heavy will focus first on the exchange of technology and best practices but could expand even further. As Huntington Ingalls President Brian Blanchett 'We're building off of the relationship that we have as builders of destroyers, both companies [are] working Aegis destroyers right now. We're certainly open to exploring everything at a corporate level, beyond just Ingalls. We'll talk component outsourcing or exploring the opportunities to provide components to destroyers. [Hyundai] has an excellent supply chain. [They have] a lot of lessons learned that they've experienced in their production of their destroyer program.' Countering the Threat From China, Ensuring Our National Security The desire for the United States to engage more with Korean and other allied shipbuilders is closely linked with the dramatic expansion of In January, the U.S. Trade Representative's Office As the U.S. shifts its strategic focus to the Defense cooperation prioritization can strengthen America's alliances and partnerships with like-minded and willing partners like the Republic of Korea that have very capable military and industrial sectors. Now is the time for Washington and Seoul to build on that strategic cooperation and further advance the time-tested alliance to new heights. Reprinted by permission from Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times.
