Latest news with #Cantor Fitzgerald
Yahoo
3 days ago
- Automotive
- Yahoo
Cantor Fitzgerald Maintains Neutral Rating on Polestar (PSNY) Despite Delivery Beat
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is one of the best EV penny stocks to buy according to hedge funds. On July 14, Cantor Fitzgerald reaffirmed its 'Neutral' rating on Polestar shares, despite the company reporting second-quarter 2025 delivery results that exceeded estimates. Polestar delivered 18,049 vehicles in the quarter, beating Cantor Fitzgerald's estimate of 11,744 vehicles and up from 13,072 deliveries in Q2 2024. The company delivered 30,319 cars in the first half of 2025, a 51% increase compared to the same period in 2024. Despite the strong delivery numbers, Cantor Fitzgerald cited Polestar's decision to pause its 2025 financial guidance (as of May 12, 2025) due to deteriorating macroeconomic conditions and uncertainty about tariffs as a reason for maintaining a 'Neutral' outlook. The analysts highlighted continuing risks, including significant capital requirements, 'Material impacts from tariffs and geopolitical tensions' due to Polestar's main manufacturing base in China, a substantial debt burden of $5.12 billion, and a negative gross profit margin of -43%. Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is a Swedish EV manufacturer. The company designs and sells premium battery-electric cars, including the Polestar 2 fastback sedan, the Polestar 3 and 4 SUVs, and the upcoming Polestar 5 grand tourer. Polestar also offers performance software upgrades, carbon credits, and vehicle leasing services. While we acknowledge the potential of PSNY 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: 10 Best Performing Crypto Stocks So Far in 2025 and 10 Best Low-Risk Index Funds to Buy Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
3 days ago
- Automotive
- Yahoo
Cantor Fitzgerald Reiterates Overweight Rating on VinFast (VFS) Amid Vietnam Expansion
VinFast Auto Ltd. (NASDAQ:VFS) is one of the best EV penny stocks to buy according to hedge funds. On July 14, Cantor Fitzgerald reiterated its 'Overweight' rating on VinFast shares and maintained a $6.00 price target on the stock. The firm cited VinFast's stable vehicle deliveries in Vietnam for June 2025, which included 3,667 VF3, 3,060 VF5, 1,245 VF6, and 725 VF7 models, as well as 1,415 Nerio Green and 916 Herio Green commercial vehicles delivered domestically that month. For the first half of 2025, the compact models VF3 and VF5 dominated sales, with 23,083 and 21,812 units delivered, respectively. VinFast reaffirmed guidance to at least double its 2025 vehicle deliveries compared with the previous year's 97,339 units. Despite a concerning cash burn rate, Cantor Fitzgerald's analysts expressed confidence in VinFast's business model, particularly its vertical integration and focus on Vietnamese and Asian markets. These factors, the analysts stated, mitigate against external risks such as tariffs and the removal of the $7,500 US EV tax credit. VinFast Auto Ltd. (NASDAQ:VFS) is a Vietnamese EV manufacturer that designs, develops, and sells EVs, e-scooters, and electric buses across Vietnam and the United States. The company operates through multiple segments, including Automobiles, E-scooter, Spare Parts, and Aftermarket Services. VinFast has recently expanded its US footprint by opening its first authorized dealership in California and launching locally produced EVs. While we acknowledge the potential of VFS 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: 10 Best Performing Crypto Stocks So Far in 2025 and 10 Best Low-Risk Index Funds to Buy Now. Disclosure: None. This article is originally published at Insider Monkey. 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
02-08-2025
- Business
- Yahoo
Ardelyx (ARDX) Rated as ‘Overweight' at Cantor Fitzgerald amid Ibsrela Sales Growth Expectation
Ardelyx Inc. (NASDAQ:ARDX) is one of the penny stocks that will skyrocket. On July 7, analysts at Cantor Fitzgerald reiterated an 'Overweight' rating on the stock. The positive stance stems from expectations that the company is well-positioned for robust growth, backed by its flagship product, Ibsrela. Cantor Fitzgerald expects Ibsrela to exceed consensus sales expectations in the second quarter. The research firm expects Ardelyx to deliver $64 million in sales, significantly higher than the $57 million consensus estimate. Amid the expected robust sales growth, the research firm views the 2025 Ibsrela guidance of $240-$250 million as conservative, given the strong prescription trends. While Xphozah, another flagship product, is expected to miss sales estimates, Cantor Fitzgerald anticipates that it will have a limited impact on current valuation levels. Cantor Fitzgerald maintains that expectations for Xphozah are already lower than consensus. Ardelyx Inc. (NASDAQ:ARDX) is a biopharmaceutical company focused on discovering, developing, and commercializing innovative first-in-class medicines to address significant unmet medical needs, particularly in kidney and cardiovascular diseases. While we acknowledge the potential of ARDX 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 11 Defensive Stocks Billionaires are Buying amid US Trade Tariff Uncertainty. Disclosure: None. This article is originally published at Insider Monkey. 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
