Latest news with #CodyAcree
Yahoo
a day ago
- Business
- Yahoo
Arm Holdings (ARM) Gets a ‘Hold' from Benchmark—But Its AI Momentum Is Hard to Ignore
Arm Holdings plc (NASDAQ:) is one of the . On June 12, Benchmark analyst Cody Acree reiterated a 'Hold' rating on the stock. The rating reaffirmation follows a virtual conference call with the company's Senior Director of Investor Relations, Alexis Waadt. Expressing optimism regarding Arm's strong fundamental performance drivers, the firm highlighted Arm's impressive 96.98% gross margin and 23.94% year-over-year revenue growth. The firm particularly noted Arm's globally expanding licensing opportunities, robust position in the mobile market, as well as recent growth drivers in AI PCs, data centers, and more. The company also boasts diverse revenue streams and strategic partnerships, and holds the flexibility to navigate market challenges and leverage upcoming opportunities in the AI landscape. Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $147 implies a 5.7% upside; however, the Street-high target of $180 implies an upside of 29.4%. Arm Holdings plc (NASDAQ:ARM) is a semiconductor and software design company that designs and manufactures semiconductor technology and other related products. While we acknowledge the potential of ARM 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. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
2 days ago
- Business
- Yahoo
Arm Holdings (ARM) Gets a ‘Hold' from Benchmark—But Its AI Momentum Is Hard to Ignore
Arm Holdings plc (NASDAQ:) is one of the . On June 12, Benchmark analyst Cody Acree reiterated a 'Hold' rating on the stock. The rating reaffirmation follows a virtual conference call with the company's Senior Director of Investor Relations, Alexis Waadt. Expressing optimism regarding Arm's strong fundamental performance drivers, the firm highlighted Arm's impressive 96.98% gross margin and 23.94% year-over-year revenue growth. The firm particularly noted Arm's globally expanding licensing opportunities, robust position in the mobile market, as well as recent growth drivers in AI PCs, data centers, and more. The company also boasts diverse revenue streams and strategic partnerships, and holds the flexibility to navigate market challenges and leverage upcoming opportunities in the AI landscape. Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $147 implies a 5.7% upside; however, the Street-high target of $180 implies an upside of 29.4%. Arm Holdings plc (NASDAQ:ARM) is a semiconductor and software design company that designs and manufactures semiconductor technology and other related products. While we acknowledge the potential of ARM 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.
Yahoo
28-05-2025
- Business
- Yahoo
Nvidia isn't a stranger to overcoming trade hurdles: Analyst on China
Semiconductor manufacturer Nvidia (NVDA) is coming out swinging in its latest earnings release, topping first quarter revenue estimates by posting revenue of $44.1 billion (vs. estimates of $43.3 billion). The company's adjusted earnings per share (EPS) fell short of estimates, the ban on its H20 chip shipments to China dragging its profits down to $0.81 (vs. estimates of $0.93 per share). Benchmark Company managing director and senior semiconductor research analyst Cody Acree comes on ahead of the chipmaker's earnings call to comment on Nvidia's business with China and other chip competitors in designing AI infrastructures — particularly from the company's new Blackwell computer chips — and the impact of the Trump administration's latest trade policies. Stay tuned for Yahoo Finance's special live coverage of Nvidia's first quarter earnings here, beginning at 4:15 p.m. on Wednesday, May 28. Sign in to access your portfolio
Yahoo
24-05-2025
- Business
- Yahoo
Benchmark Reiterates Buy Rating on Silicon Laboratories (SLAB) Stock, Keeps PT at $160
On May 21, Benchmark reiterated its Buy rating on Silicon Laboratories Inc. (NASDAQ:SLAB) stock, keeping the price target at $160. Cody Acree from Benchmark Co. kept its rating on SLAB after assessing the company's market position and future growth prospects following Q1 outcomes. The company's revenue of $178 million during Q1 2025 was 7% higher than Q4 2024 and 67% higher year-over-year. A technician looking at a circuit board of analog semiconductor products. Acree pointed out the company's strong foothold in the semiconductor industry, driven by its innovative product offerings and strategic initiatives to expand its market share. The company began the production of its first device in its next-generation Series 3 platform on 22nm process technology. This series will be an upgrade of Series 2 with higher computing power and AI capabilities. The company is also advancing the production of its MG26 family of wireless SoCs, empowering developers to design future-proof Matter applications. The analyst remains optimistic about SLAB as he considers its strong revenue streams to be a key growth factor. Silicon Laboratories' Home and Life business almost doubled year-over-year during Q1, posting revenue of around $82 million. The Industrial and Commercial business also experienced double-digit growth from a year ago, posting $96 million in revenues. Silicon Laboratories Inc. (NASDAQ:SLAB) is a fabless semiconductor company that is engaged in secure, intelligent wireless technology for a connected world. Its integrated hardware and software systems allow customers to build advanced industrial, commercial, home, and life applications. While we acknowledge the potential of SLAB to grow, 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 SLAB and that has 100x upside potential, check out our report about this cheapest 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
22-05-2025
- Business
- Yahoo
Benchmark Reiterates Buy Rating on Silicon Laboratories (SLAB) Stock, Keeps PT at $160
On May 21, Benchmark reiterated its Buy rating on Silicon Laboratories Inc. (NASDAQ:SLAB) stock, keeping the price target at $160. Cody Acree from Benchmark Co. kept its rating on SLAB after assessing the company's market position and future growth prospects following Q1 outcomes. The company's revenue of $178 million during Q1 2025 was 7% higher than Q4 2024 and 67% higher year-over-year. A technician looking at a circuit board of analog semiconductor products. Acree pointed out the company's strong foothold in the semiconductor industry, driven by its innovative product offerings and strategic initiatives to expand its market share. The company began the production of its first device in its next-generation Series 3 platform on 22nm process technology. This series will be an upgrade of Series 2 with higher computing power and AI capabilities. The company is also advancing the production of its MG26 family of wireless SoCs, empowering developers to design future-proof Matter applications. The analyst remains optimistic about SLAB as he considers its strong revenue streams to be a key growth factor. Silicon Laboratories' Home and Life business almost doubled year-over-year during Q1, posting revenue of around $82 million. The Industrial and Commercial business also experienced double-digit growth from a year ago, posting $96 million in revenues. Silicon Laboratories Inc. (NASDAQ:SLAB) is a fabless semiconductor company that is engaged in secure, intelligent wireless technology for a connected world. Its integrated hardware and software systems allow customers to build advanced industrial, commercial, home, and life applications. While we acknowledge the potential of SLAB to grow, 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 SLAB and that has 100x upside potential, check out our report about this cheapest 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
