Latest news with #Daiwa
CNBC
2 hours ago
- Business
- CNBC
Nvidia is 'back in the driver's seat' after latest earnings, Daiwa says
Nvidia could have more room to run, according to Daiwa Capital Markets. The firm raised its price target on the chipmaker to $165 per share from $115 and reiterated its outperform rating. Daiwa's forecast calls for about 16% upside from Wednesday's close. Analyst Louis Miscioscia said in a Wednesday note that Nvidia is "back in the driver's seat." He lauded the company's first-quarter results released last week . He also noted that the company has multiple growth drivers that underpin his optimistic view — including robust inference demand from Microsoft, OpenAI and Google, which could signal a growing appetite for Nvidia chips. NVDA YTD mountain Nvidia stock in 2025. "We are back in a rally phase given good quarterly growth and the same expectation for 2025," Miscioscia said. "CEO [Jensen] Huang suggests that AI demand is accelerating with many more areas to grow into. We expect material details about this at the Paris GTC starting on Wednesday 6/11. Our conclusion remains that AI is a huge tech trend, bigger than world changing events like the PC, smartphone, Internet, etc., thus there is more to come." "The Blackwell ramp is going very well," Miscioscia said of Nvidia's key AI chip. Gross margins "should get back to the mid 70's later this year." Shares have gained about 6% in 2025, but they've been under pressure at times this year from tariffs and the emergence of DeepSeek. Analysts are mostly bullish on Nvidia. Of the 65 who cover the stock, 59 rate it a buy or strong buy, according to LSEG. The average price target also points to nearly 23% upside.
Business Insider
27-05-2025
- Business
- Business Insider
Analysts ‘Cautious About Near-Term Volatility' In AI Demand on Lackluster Nvidia Upgrade
Daiwa analysts have warned that they are 'cautious about near-term volatility' for artificial intelligence (AI) hardware demand following Computex 2025. The tech expo took place last week and ended on Friday. Daiwa analysts said it was largely a non-event and highlighted how this could impact hardware demand in the AI sector. Confident Investing Starts Here: According to the firm's analysts, there wasn't much at Computex that suggested AI hardware demand will be strong in 2025. The analysts also pointed to the limited differences between Nvidia's (NVDA) GB200 server and its new GB300 server as a potential downside for 2025 demand. What About Long-Term AI Demand? Daiwa analysts still have high hopes for AI demand in the long-term. They stated 'we have a positive long-term view on AI computing demand, driven by the ongoing shift to agentic and physical AI.' This has them more concerned with how AI hardware demand will be in 2026, than in 2025. While the warning comes alongside Nvidia's modest server upgrade, limited AI hardware demand could affect other companies in the sector. Advanced Micro Devices (AMD), IBM (IBM), Super Micro Computer (SMCI), Dell Technologies (DELL), and Lenovo (LNVGF) are all companies that could suffer if AI demand remains low in the near-term. Which AI Stocks Are Worth Investing In? Turning to the TipRanks stock comparison tool, traders can see which AI stocks have the best analyst ratings and price targets. NVDA, DELL, and LNVGF stand out as AI server stocks with consensus Strong Buy ratings. Of them, Nvidia and Lenovo offer the best upside potential at 25.3% and 27.91%, respectively. However, NVDA's stock price target is significantly higher than LNVGF's at 164.51, compared to $1.65. Nvidia is also a leader in the AI space, making it a potentially safer investment compared to others on this list.
Business Insider
10-05-2025
- Business
- Business Insider
eBay upgraded to Buy from Neutral at Daiwa
Daiwa analyst Satoshi Tanaka upgraded eBay (EBAY) to Buy from Neutral with a $70 price target Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Hans India
06-05-2025
- Business
- Hans India
Daiwa Announces Up to 60% Off and Exclusive Bank Offers on Premium Made-in-India TVs on Flipkart
Daiwa, the premium Made-in-India smart TV brand, is excited to be a part of the SASA LELE Sale, starting 1st May 2025, Flipkart. Shoppers can enjoy up to 60% off across selective models of Daiwa TV, along with a host of exciting offers including no-cost EMI, exclusive bank discounts, and exchange benefits, making premium entertainment more accessible than ever. From compact 32-inch models to large-screen 65-inch 4K TVs, Daiwa's product portfolio features LG's webOS Hub Operating System, Coolita, and Google TV platforms, packed with advanced features such as HD Ready, Full HD, and 4K resolutions, QLED displays, and Dolby Audio. Whether it's for everyday family viewing or a cinematic experience at home, Daiwa TVs offer the perfect fit for every need and budget. To make smart TVs even more affordable, Daiwa is offering no-cost EMI options through leading banks like SBI and HDFC, along with attractive exchange offers. Special promotions and extended warranty benefits will also be available on select models during the SASA LELE Sale period. 'We're excited to be part of the SASA LELE Sale, which gives us the perfect opportunity to bring high-quality, affordable entertainment to more Indian homes. With up to 60% off and exclusive offers, this sale is an ideal chance to upgrade your home entertainment experience with a Daiwa TV.' said Ms. Priyanka Sukhija, Director of Brand Operations at Daiwa. As Daiwa enters another exciting sale season, it reaffirms its mission—to make premium entertainment not a luxury, but a lifestyle. Recognised for its 'Made-in-India, Made-for-India' approach, the brand continues to disrupt the market with smart innovations that resonate with today's digital-first generation.
Japan Times
29-04-2025
- Business
- Japan Times
Japanese brokerages struggle with volatility even before tariffs
Daiwa Securities' profit slumped while SMBC Nikko Securities fell into the red as stock and bond trading revenue at the two Japanese brokerages dropped even before this month's market turmoil. Net income at Daiwa tumbled 24% year-on-year to ¥30 billion ($208 million) in the three months ended March 31, according to a statement Monday. That marked the first decline in eight quarters, and was in line with analysts' estimates. SMBC Nikko, the brokerage arm of Sumitomo Mitsui Financial Group, posted a net loss of ¥2.6 billion for the quarter, compared with a profit of ¥24.2 billion a year earlier. This is a setback for the firm that has been regaining its footing after a market rigging scandal more than two years ago.
