Latest news with #DylanBecker
Business Insider
a day ago
- Business
- Business Insider
Samsara (IOT): New Buy Recommendation for This Technology Giant
Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Samsara (IOT – Research Report) today and set a price target of $46.00. The company's shares closed today at $38.65. Confident Investing Starts Here: Rangan covers the Technology sector, focusing on stocks such as Microsoft, ServiceNow, and Snowflake. According to TipRanks, Rangan has an average return of 8.9% and a 56.99% success rate on recommended stocks. In addition to Goldman Sachs, Samsara also received a Buy from William Blair's Dylan Becker in a report issued today. However, on the same day, Raymond James reiterated a Hold rating on Samsara (NYSE: IOT). The company has a one-year high of $61.90 and a one-year low of $29.86. Currently, Samsara has an average volume of 4.95M. Based on the recent corporate insider activity of 246 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 IOT in relation to earlier this year. Earlier this month, Dominic Phillips, the EVP, CFO of IOT sold 47,334.00 shares for a total of $1,855,492.80.
Yahoo
25-05-2025
- Business
- Yahoo
William Blair Maintains Optimistic View on Autodesk (ADSK)
On Friday, May 23, William Blair analyst Dylan Becker reiterated his Buy rating on Autodesk Inc. (NASDAQ:ADSK) stock, without a price target, following the company's better-than-expected Q1 FY 2026 earnings results Dylan praised the company's 16% revenue growth and 37% operating margin, which were ahead of consensus. In addition, EPS of $2.29 came in around 7% ahead of street estimates. In Dylan's view, a better-than-expected topline growth represented healthy consumer spending demand, which witnessed no material slowdown from economic challenges. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. Despite the macroeconomic uncertainties, net revenue growth in the Americas and EMEA regions was 17% year over year, with APAC revenue rising 11%. Growth was equally encouraging on a product basis. The Make segment revenue rose 24%, while the Design segment revenue was up 14%. For FY 2026, the company guided for revenue to be in the range of $6.93-$7.0 billion, implying a 14% year-over-year growth. The adjusted EPS is expected to be between $9.5 and $9.73, representing a 14% growth, at the midpoint of the range. While the second half is also expected to be volatile, Dylan highlighted that the management's outlook remained positive. Management expects to stay focused on long-term value creation by enhancing its platforms, leveraging digital transformation demand, and improving margins by optimizing sales and marketing functions. Autodesk Inc. provides software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. Its most well-known software includes AutoCAD, Fusion 360, and Autodesk Inventor. While we acknowledge the potential of ADSK as an investment, 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 ADSK and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. 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
24-05-2025
- Business
- Yahoo
William Blair Maintains Optimistic View on Autodesk (ADSK)
On Friday, May 23, William Blair analyst Dylan Becker reiterated his Buy rating on Autodesk Inc. (NASDAQ:ADSK) stock, without a price target, following the company's better-than-expected Q1 FY 2026 earnings results Dylan praised the company's 16% revenue growth and 37% operating margin, which were ahead of consensus. In addition, EPS of $2.29 came in around 7% ahead of street estimates. In Dylan's view, a better-than-expected topline growth represented healthy consumer spending demand, which witnessed no material slowdown from economic challenges. A software engineer using AutoCAD Civil 3D to create a 3D design in a modern office setting. Despite the macroeconomic uncertainties, net revenue growth in the Americas and EMEA regions was 17% year over year, with APAC revenue rising 11%. Growth was equally encouraging on a product basis. The Make segment revenue rose 24%, while the Design segment revenue was up 14%. For FY 2026, the company guided for revenue to be in the range of $6.93-$7.0 billion, implying a 14% year-over-year growth. The adjusted EPS is expected to be between $9.5 and $9.73, representing a 14% growth, at the midpoint of the range. While the second half is also expected to be volatile, Dylan highlighted that the management's outlook remained positive. Management expects to stay focused on long-term value creation by enhancing its platforms, leveraging digital transformation demand, and improving margins by optimizing sales and marketing functions. Autodesk Inc. provides software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. Its most well-known software includes AutoCAD, Fusion 360, and Autodesk Inventor. While we acknowledge the potential of ADSK as an investment, 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 ADSK and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. 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
