Latest news with #CitizensJMP
Yahoo
2 days ago
- Business
- Yahoo
Analysts Positive on Salesforce, Inc. (CRM) Amid Mixed Stock Performance
Salesforce, Inc. (NYSE:CRM) secures a place on our list of the . Copyright: drserg / 123RF Stock Photo Salesforce, Inc. (NYSE:CRM) is demonstrating a mixed performance as of the time of writing. The stock last closed at $268.35, an increase of 1.74% from the previous trading day. The stock outperformed the broader market, which returned 0.80%. Meanwhile, the stock has fallen 1.28% over the past month, underperforming both the technology-Software Application industry and the market, which gained 1.8% and 4.5%, respectively. However, analysts have expressed optimism regarding the company's future, projecting earnings of $2.77 per share for the upcoming quarter, an 8.2% increase on a YoY basis. On the other hand, full-year earnings and revenue are projected to increase by 10.78% and 8.64%, respectively. At the same time, Salesforce, Inc. (NYSE:CRM) is trading at a forward price-to-earnings ratio of 23.64x, a discount compared to the industry average of 27.42x. Previously, on July 16, 2025, Citizens JMP maintained a 'Market Outperform' rating on Salesforce, Inc. (NYSE:CRM) with a price target of $430, citing future growth driven by the company's AI and cloud services. Offering Agentforce, Data Cloud, Salesforce Starter, and Tableau, Salesforce, Inc. (NYSE:CRM) provides customer relationship management (CRM) technology, bridging companies and customers. It is one of the best ESG stocks. While we acknowledge the potential of CRM 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: 14 Cheap Transportation Stocks to Buy According to Analysts and Top 10 AI Infrastructure Stocks to Buy Now. 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
4 days ago
- Business
- Yahoo
Oracle Corp (ORCL) Price Target Hiked at Citizens' JMP on AI-Driven Growth Prospects
Oracle Corporation (NYSE:ORCL) is one of the best 52-week high stocks to buy now. On July 18, analysts at Citizens' JMP raised their price target for the stock to $315 from $240, while maintaining a 'Market Perform' rating. The research firm's new price target reflects a price-to-earnings ratio of 40x multiple, compared to the initial 30x multiple. Citizen JMP's premium valuation affirms confidence in Oracle's growth prospects, owing to its leading market position and accelerating growth trajectory. The company has been gaining ground in the enterprise software segment, as evidenced by an 8.4% revenue growth over the last 12 months. Analysts are projecting 17% growth for fiscal year 2026. Analysts at UBS have already reiterated their bullish stance on Oracle, based on expectations that the company is well-positioned to benefit from artificial intelligence-driven growth. Analysts expect a potential collaboration with OpenAI to have a positive impact on Oracle's revenue and operating margins by 2029. Oracle Corporation (NYSE:ORCL) is a technology company known for its database software, cloud infrastructure, and enterprise software solutions. It offers cloud applications, infrastructure, and hardware systems, designed to help businesses manage and analyze data, streamline operations, and improve overall efficiency. While we acknowledge the potential of ORCL 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 Biotech Stocks to Buy According to Billionaire Steve Cohen and 11 Growth Stocks That Could Double by 2027. Disclosure: None. This article is originally published at Insider Monkey.
Business Insider
5 days ago
- Business
- Business Insider
Citizens JMP Reaffirms Their Buy Rating on Pegasystems (PEGA)
In a report released yesterday, Patrick Walravens from Citizens JMP maintained a Buy rating on Pegasystems, with a price target of $78.00. The company's shares closed yesterday at $58.01. 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. According to TipRanks, Walravens is a 5-star analyst with an average return of 8.5% and a 51.34% success rate. Walravens covers the Technology sector, focusing on stocks such as Salesforce, NICE, and Oracle. In addition to Citizens JMP, Pegasystems also received a Buy from William Blair's Jake Roberge in a report issued yesterday. However, on the same day, Barclays maintained a Hold rating on Pegasystems (NASDAQ: PEGA). PEGA market cap is currently $8.72B and has a P/E ratio of 49.52. Based on the recent corporate insider activity of 148 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 PEGA in relation to earlier this year. Last month, John Gerard Higgins, the Chief, Client &Partner Success of PEGA sold 11,830.00 shares for a total of $1,209,380.90.
Yahoo
5 days ago
- Business
- Yahoo
AI Is Powering Every Part of Meta's Ad Business, Say Analysts
Meta Platforms, Inc. (NASDAQ:) is one of the . On July 18, Citizens JMP analyst Andrew Boone reiterated a Market Outperform rating on the stock with a $750.00 price target. The firm believes that artificial intelligence is benefiting every aspect of the company's core advertising business. 'Stocks often do not work when going through an investment cycle but AI benefits every aspect of Meta's core advertising business. AI makes Meta's content more engaging, creating more ad impressions, and making its ads more relevant, increasing click-through rates and conversions. To that end, we believe more compute and access to better models can help to sustain revenue growth and we moderately increase our growth estimates for Meta." While we acknowledge the potential of META 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
Yahoo
6 days ago
- Business
- Yahoo
Citizens JMP Affirms Market Perform Stance on Nice (NICE) Amid FAA Award
Nice Ltd (NASDAQ:NICE) is one of the top AI stocks with tremendous upside potential. On July 10, Citizens JMP reiterated a Market Perform rating on the stock and a $300 price target. The positive stance follows the company securing an $8.5 million award from the Federal Aviation Administration. A view of the company's cloud-based business intelligence platform in use. The award comes on the heels of the company's artificial intelligence and Self-Service annual recurring revenue rising to $208 million in the first quarter, following a 39% year-over-year increase. Amid the rise, Nice has also inked a strategic partnership with Amazon Web Services to enhance AI-powered customer service solutions. It's also poised to integrate AWS's generative AI services into NICE platforms. The robust revenue growth and strategic partnerships underscore Nice's focus on AI and international development. Nice Ltd (NASDAQ:NICE) is a software application company that provides cloud platforms for AI-driven digital business solutions. It focuses on customer experience, digital transformation, and financial crime compliance. It also provides solutions for recording customer interactions, managing digital evidence, and ensuring financial compliance. While we acknowledge the potential of NICE 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 Chemical Stocks to Buy According to Billionaires and 7 Most Undervalued Pot Stocks To Buy According To Analysts. Disclosure: None. This article is originally published at Insider Monkey.
