Latest news with #BrianPitz
CNBC
a day ago
- Business
- CNBC
Top Wall Street analysts recommend these three stocks for attractive growth potential
A softer-than-expected July inflation report has improved investor sentiment and revived hopes for a rate cut. Traders await more economic data to gain further insights about the state of the U.S. economy. Looking beyond macro uncertainties and tariff pressures, it is always a good idea for investors to search for stocks that have strong long-term growth potential and enhance their portfolio returns. To this end, recommendations from top Wall Street analysts can help pick attractive stocks, as these experts perform an in-depth analysis of a company's financials and growth prospects. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. First on this week's list is social media platform Pinterest (PINS). The company recently reported mixed results for the second quarter of 2025. While second-quarter revenue surpassed expectations, earnings missed the Street's consensus estimate. Meanwhile, Pinterest's third-quarter revenue outlook topped analysts' estimates. In reaction to the Q2 print, BMO Capital analyst Brian Pitz increased the price forecast for Pinterest stock to $41 from $40 and reiterated a buy rating. TipRanks' AI Analyst has an "outperform" rating on PINS stock with a price target of $40. Pitz noted that Pinterest delivered upbeat revenue and adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) in the quarter, fueled by the company's solid execution and the strength in the retail and financial services businesses. However, the analyst pointed out that Q2 performance was adversely impacted by a 25% drop in advertising pricing resulting from the company's rising market share in previously unmonetized markets around the globe. Pitz views Pinterest as a "Clear AI Winner." While users are gaining from AI-powered search functions and algorithm upgrades on PINS' platform, advertisers are using Performance+ Creative Preview to observe modifications made by PINS+ creative tools and maximize ad efficiency. "As AI continues to drive enhancements, we see it as a clear tailwind for PINS to both improve user experience and drive greater efficiency," said Pitz. The analyst added that advertisers are also benefiting from Pinterest's useful customer insights, given that Gen-Z now constitutes more than half the platform's user base. Pitz ranks No. 95 among more than 9,900 analysts tracked by TipRanks. His ratings have been profitable 72% of the time, delivering an average return of 19.2%. See Pinterest Statistics on TipRanks. We next move to the AI cloud computing company CoreWeave (CRWV), which reported market-beating revenue for the second quarter and issued better-than-anticipated top-line guidance for the third quarter. However, the AI infrastructure company reported a larger-than-expected loss for the second quarter. Following the Q2 results, Jefferies analyst Brent Thill reiterated a buy rating on CoreWeave stock with a price target of $180. The 5-star analyst highlighted the 86% year-over-year jump in CRWV's remaining performance obligations (RPO). However, Thill noted the disappointment related to the limited sequential upside in RPO compared to the high buyside expectations following the $4 billion expanded deal with OpenAI signed in May. Nonetheless, Thill remains optimistic, given that CoreWeave signed expansion deals with two hyperscalers, which he believes reflects "the unrelenting demand for high performance compute and CRWV's best in class capabilities." Thill's bullish view on the company's backlog is also supported by the ramp-up in its capacity. Notably, CoreWeave added 600 megawatts of contracted power, bringing the total capacity to 2.2 gigawatts. Overall, the analyst is confident about RPO acceleration going forward, given that AI demand continues to exceed supply. Thill ranks No. 317 among more than 9,900 analysts tracked by TipRanks. His ratings have been successful 61% of the time, delivering an average return of 12.3%. See CoreWeave Ownership Structure on TipRanks. Finally, let's look at the well-known coffee chain Starbucks (SBUX). Jefferies analyst Brent Thill upgraded Starbucks stock to buy from hold and increased the price target to $115 from $100. Tarantino has "high conviction that turnaround strategies under new leadership will be effective in transforming Starbucks into a better company." Given the recent underperformance of SBUX stock – which has sunk by 16% over the past six months – Tarantino believes that it now has an improved risk/reward profile. He expects the turnaround initiatives under chairman and CEO Brian Niccol to drive improvement in U.S. comparable sales in Fiscal 2026. The company's turnaround initiatives are focused on ensuring high levels of hospitality and a faster speed of service in stores. Moreover, Tarantino expects to gain more visibility on SBUX's earnings outlook over the upcoming quarters, as the impact of the turnaround efforts starts to become clear. In particular, the analyst expects more details on Starbucks' cost-saving initiatives and greater clarity on store-level labor investments to provide insights into the company's long-term aim to revive its operating margin to the level of 17% seen in Fiscal 2019, compared to 10.3% in Fiscal 2025. Overall, Tarantino expects SBUX's multiple to expand on signs of improvement in financial performance, driven by the company's turnaround efforts. Tarantino ranks No. 441 among more than 9,900 analysts tracked by TipRanks. His ratings have been successful 61% of the time, delivering an average return of 10.8%. Interestingly, TipRanks' AI Analyst is not quite as keen as Tarantino, assigning a "neutral" rating on SBUX stock with a price target of $99. See Starbucks Insider Trading Activity on TipRanks.
Yahoo
3 days ago
- Business
- Yahoo
BMO Capital Lifts PT on Criteo S.A. (CRTO) to $51 From $49, Keeps an Outperform Rating
Criteo S.A. (NASDAQ:CRTO) is one of the top cheap stocks that will go to the moon according to Reddit. On July 31, BMO Capital analyst Brian Pitz raised the firm's price target on Criteo S.A. (NASDAQ:CRTO) to $51 from $49, keeping an Outperform rating on the shares. A graphic designer in front of a computer rendering a cutting edge digital advertisement for the company. The analyst told investors in a research note that Criteo S.A. (NASDAQ:CRTO) reported strong fiscal Q2 results, with contribution ex-TAC exceeding consensus. The firm added that the AI opportunity is increasingly in focus, with the leverage of real-time inventory, pricing, and availability data acting as a durable Retail Media advantage. Criteo S.A. (NASDAQ:CRTO) is a France-based company that specializes in digital performance marketing. Its solution comprises its data assets, the Criteo Engine, its advertiser and publisher platforms, and access to inventory. Criteo Engine delivers advertisements through various marketing formats and channels, including native advertising banners, display advertising banners, and more. It operates in around 90 countries and has more than 30 international offices across the Americas, Europe, and the Asia-Pacific regions. While we acknowledge the potential of XXXX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 登入存取你的投資組合
Business Insider
07-08-2025
- Business
- Business Insider
Uber Technologies (UBER) Receives a Rating Update from a Top Analyst
BMO Capital analyst Brian Pitz maintained a Buy rating on Uber Technologies today and set a price target of $113.00. The company's shares closed today at $89.22. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Pitz covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Trade Desk, and Netflix. According to TipRanks, Pitz has an average return of 20.7% and a 74.76% success rate on recommended stocks. In addition to BMO Capital, Uber Technologies also received a Buy from William Blair's Ralph Schackart in a report issued today. However, on August 1, Wedbush maintained a Hold rating on Uber Technologies (NYSE: UBER). UBER market cap is currently $186.9B and has a P/E ratio of 15.59. Based on the recent corporate insider activity of 89 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 UBER in relation to earlier this year. Most recently, in May 2025, Jill Hazelbaker, the Chief Marketing Officer and SVP, Public Affairs of UBER sold 34,884.00 shares for a total of $3,001,070.52.
Yahoo
17-07-2025
- Business
- Yahoo
BMO Capital Reiterates Outperform on Alphabet (GOOGL), Raises Price Target to $208
Alphabet Inc. (NASDAQ:) is one of the . On July 14, BMO Capital analyst Brian Pitz raised the price target on the stock to $208.00 (from $200.00) while maintaining an 'Outperform' rating. The firm expressed optimism that Google's AI products, particularly PMax and Gemini, will increase spending from existing advertisers. In an investor note, they mentioned how the products are likely to attract a new cohort of small and medium-sized businesses. BMO raised its second-quarter 2025 and full-year 2025 Search growth forecasts to 10% and 11%, up from prior estimates of 9% and 10.6%. The firm also reintroduced Alphabet as its 'Top Pick', with shares trading at 18 times expected next-12-month earnings vs. 22.5 times 5-year average. A user's hands typing a search query into a Google Search box, emphasizing the company's search capabilities. Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 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
Globe and Mail
31-05-2025
- Business
- Globe and Mail
Uber Stock Is Still a ‘Top Pick,' Says BMO Capital Despite Tesla (TSLA) Robotaxi Jitters
Shares of ride-hailing and delivery giant Uber (UBER) fell roughly 5% in yesterday's trading. The decline follows news of Tesla's (TSLA) upcoming Robotaxi launch in Austin on June 12. Still, BMO Capital Top analyst Brian Pitz remains confident in Uber's long-term strategy and growth prospects. The five-star analyst sees the recent dip as a buying opportunity and reiterated his Outperform rating and $101 price target, calling Uber a 'Top Pick' in the sector. Confident Investing Starts Here: Uber's AV Plans and Valuation Signal Upside According to the analyst, the market has overreacted to Tesla's planned Robotaxi launch on June 12. Although the news drew headlines, Pitz notes that Tesla's rollout—limited to just 10–20 vehicles—is small when stacked against Uber's much larger plans. For instance, Uber's deal with Waymo, owned by Alphabet (GOOGL), will bring hundreds of autonomous cars to its app in the coming months. Uber also has active deals with May Mobility and China-based WeRide, which are set to roll out AVs (autonomous vehicle) in dozens of U.S. cities. BMO applauds Uber's move to ' drive international scale ' through its recent acquisition of Dantaxi, Denmark's largest taxi firm. The deal brings 3,500 drivers onto Uber's platform, and starting this summer, riders in Denmark will be able to book trips through the app. The firm expects this to 'increase adoption' by improving match rates and estimated time of arrivals (ETAs), while opening up more ways to use it at airports, during leisure activities, and for daily commutes. On the self-driving front, Pitz sees Uber as an AV winner. The company now works with more than 15 AV partners and plans to launch shared AV rides by 2026. These steps are already boosting usage in cities like Austin, where Uber sees steady demand. Importantly, BMO finds Uber's valuation compelling. With shares trading at 19x next-twelve-month (NTM) EBITDA, the stock is below its two-year forward average of 21x and significantly under the high end of 27x. That suggests meaningful upside potential if Uber continues to execute across global and autonomous growth areas. What Is the Prediction for UBER Stock? Overall, Wall Street is bullish on Uber Technologies' prospects, with a Strong Buy consensus rating based on 29 Buys and four Holds. The average UBER stock price target of $98.61 implies about 16.98% upside potential. See more UBER analyst ratings Disclaimer & Disclosure Report an Issue
