Latest news with #Feinseth
Yahoo
2 days ago
- Business
- Yahoo
Nvidia Stock Can Vault to $220 or Plunge to $100, Based on Select Wall Street Analysts -- but Both Price Targets Completely Overlook a Key Catalyst
Artificial intelligence (AI) looks to be the most impactful innovation for corporate America since the advent and proliferation of the internet more than 30 years ago. Compelling arguments from select Wall Street analysts point to Nvidia stock climbing by up to 55% or potentially losing almost 30% of its value. All Wall Street price targets for Nvidia fail to account for a historically accurate catalyst. 10 stocks we like better than Nvidia › More than 30 years ago, the advent and proliferation of the internet kicked off the greatest leap forward in technological innovation for businesses in a long time. Though a number of next-big-thing innovations have come along since the internet revolutionized how businesses interact with consumers and sell their products and services, none have come close to matching its long-term addressable potential... until now. The rise of artificial intelligence (AI) represents the next great tech advancement that has the ability to alter the long-term growth trajectory for corporate America. Empowering software and systems with AI solutions to make decisions without human intervention gives this technology a jaw-dropping addressable market, which the analysts at PwC have pegged at $15.7 trillion (globally) by 2030. Although a long list of companies has benefited from Wall Street's hottest trend, it's semiconductor titan Nvidia (NASDAQ: NVDA) that's become the face of the AI revolution. As is often the case with businesses on the leading edge of a game-changing innovation, predictions are all over the map. Whereas one Wall Street analyst foresees the most pivotal of all tech stocks soaring to $220 per share, another believes it'll plummet to just $100 per share. Yet what's most interesting is that Wall Street's high- and low-water price targets both completely overlook what can arguably be described as the biggest catalyst for Nvidia. Make no mistake about it, the overwhelming majority of Wall Street analysts and investors believe Nvidia stock is headed higher. But none of these price projections speaks louder than analyst Ivan Feinseth at Tigress Financial, who foresees Nvidia shares adding 55% and heading to $220. If Feinseth is accurate, Nvidia's market cap would near $5.4 trillion. For context, Nvidia had a market valuation of $360 billion when 2023 began. Feinseth's Street-high price target is predicated on sustained strong demand for Nvidia's graphics processing units (GPUs). The Hopper (H100) and successor Blackwell GPUs account for the lion's share of the GPUs currently deployed in AI-accelerated data centers, and demand for this hardware hasn't shown any signs of slowing. As a general rule, when the demand for a good or service outstrips its supply, the price of said good or service is going to climb until demand tapers off. In Nvidia's case, its GPU orders are backlogged, which has allowed the company to charge a healthy premium for its hardware, relative to its direct external competitors. The end result has been a significant uptick in the company's gross margin, compared to prior to the AI revolution taking shape. Feinseth's $220 price target, which was issued in late January, came after a short-lived plunge in Nvidia stock caused by the debut of China-based DeepSeek's R1 large language model (LLM) chatbot. DeepSeek is alleged to have used slower and less-costly hardware from Nvidia to develop its LLM. Feinseth's lofty price target demonstrates confidence that Nvidia will be able to maintain its superior pricing power. On the other end of the spectrum is Seaport Global Investors analyst Jay Goldberg. In late April, Goldberg became the only analyst covering Nvidia to rate its stock as a "sell," and initiated a $100 price target. Based on where Nvidia shares ended the session on June 6, Goldberg's price target intimates a decline of almost 30%. Goldberg doesn't foresee Wall Street's AI darling losing its leading position as the preferred company powering AI-accelerated data centers. But he does believe that AI optimism is fully priced into Nvidia stock given a few variables. To begin with, Goldberg notes that many of Nvidia's top customers by net sales are internally developing AI-GPUs and solutions of their own. Even though these chips won't represent external competition for Hopper, Blackwell, or any successor GPUs, they're going to be notably cheaper and more readily accessible than Nvidia's premium-priced and backlogged hardware. This is potentially problematic to Nvidia landing new orders from its current top customers. Goldberg also believes that enterprise customers will branch out and purchase from other hardware providers. For instance, Advanced Micro Devices' less-costly Instinct MI300X series GPUs, as well as Broadcom's custom AI-accelerating chips, could siphon away some of Nvidia's monopoly like data center market share over time. With enterprise spending on AI-data center infrastructure expected to slow in 2026, per Goldberg, Nvidia stock is currently pricey. While Feinseth and Goldberg both make compelling cases, their arguments -- along with the dozens of other analysts and institutions that have placed a price target on shares of Nvidia stock -- completely overlook a historical catalyst associated with next-big-thing trends and innovations. Though the internet proved to be a game-changing technology, it wasn't a universal winner from the get-go. It took years for businesses to figure out how to optimize their marketing and sales to consumers and other businesses. In other words, it took time for the internet to mature as a mainstream innovation. Since the advent of the internet, we've witnessed a number of other high-profile trends, technologies, and innovations come along that have also endured an early stage bubble-bursting event. This includes (but isn't limited to) genome decoding, business-to-business commerce, nanotechnology, 3D printing, cannabis, blockchain technology, and the metaverse. For more than 30 years, investors have consistently overestimated the timeline to mainstream adoption and/or utility for game-changing innovations. In short, investors aren't giving these hyped trends the proper time or channels to mature. Although Nvidia's sales have skyrocketed from $27 billion to more than $130 billion between fiscal 2023 and fiscal 2025 (its fiscal year ends in late January), most businesses are nowhere close to optimizing their AI solutions as of yet, or even generating a positive return on their AI infrastructure investments. This points to the growing likelihood of an AI bubble forming and, at some point, bursting. To be objective, this doesn't mean Nvidia won't be a long-term winner. The proliferation of the internet eventually sent the stock market soaring. While Feinseth's price target may not be achievable in the near-term, it's certainly within the realm of possibilities as businesses learn how to properly utilize AI solutions and generate a profit from their aggressive AI investments. But this historical correlation between next-big-thing trends and bubble-bursting events also suggests Goldberg is likelier to be right in the coming quarters -- albeit not for the reasons put forth in his research note in late April. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,341!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,192!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy. Nvidia Stock Can Vault to $220 or Plunge to $100, Based on Select Wall Street Analysts -- but Both Price Targets Completely Overlook a Key Catalyst was originally published by The Motley Fool
Yahoo
23-05-2025
- Business
- Yahoo
Tigress Financial Boosts Lyft (LYFT) Price Target Following Record Q1 Performance
Tigress Financial's Ivan Feinseth upgraded his price target for Lyft, Inc. (NASDAQ:LYFT) from $26 to $28 on May 21 and maintained a Buy rating. The analyst cited the company's record-breaking Q1 2025 results and strategic initiatives as drivers for the upside. Feinseth highlighted Lyft's impressive Q1 2025 performance, which saw rides surge 16% to a record 218.4 million and active riders climb 11% to 24.2 million. The company generated $1.5 billion in revenue, up 14% year-over-year, while gross bookings reached $4.2 billion. This marked Lyft's 16th consecutive quarter of double-digit gross bookings growth. The analyst emphasized several growth catalysts driving his bullish outlook. Lyft recently launched its AI-powered Earnings Assistant, an industry-first tool helping drivers optimize their income through personalized guidance. The company also introduced Lyft Silver, targeting adults 65 and older. This demographic represents only 5% of current riders but is expected to reach 70 million Americans by 2030. Lyft, Inc. (NASDAQ:LYFT) is a mobility services company that operates a ride-hailing platform in the United States and Canada. It connects riders with drivers through its app and offers various ride options, including standard rides, shared rides, luxury rides (Lux, Lux Black), and larger vehicle rides (Lyft XL). While we acknowledge the potential of Lyft Inc. (NASDAQ:LYFT) 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 LYFT and that has 100x upside potential, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Sign in to access your portfolio
Yahoo
30-04-2025
- Business
- Yahoo
Nvidia (NVDA) Will Stay Way Ahead of the Competition, Veteran Investor Says
None of Nvidia's (NVDA) competitors will be able to develop more popular AI chips than NVDA, Ivan Feinseth, the Senior Partner and Chief Investment Officer (CIO) of Tigress Financial Partners told Schwab Network recently. Feinseth added that he also remains bullish on Meta (META), Amazon (AMZN), Apple (AAPL), and Microsoft (MSFT), largely due to the strength of the AI Revolution. NVDA Will Stay Ahead of the Competition, Feinseth Says Nvidia's current AI chips are always "way ahead "of the new offerings of its competitors, such as AMD (AMD) and Huawei, Feinseth said. Nvidia "is so far ahead of everyone else," he added. Companies will keep using Nvidia's AI chips because they fear that if they do not do so, they will lose ground to their competitors, according to the longtime investor. Moreover, Big Tech firms have the resources to keep buying Nvidia's top-notch chips, Feinseth stated. Why Feinseth Is Bullish on the Market and Big Tech According to the CIO, we are in the midst of a " investment theme." Consequently, "trillions of dollars will be invested in AI, data centers, and data-center infratructure over the next several years," providing a powerful stimulus to the economy. Further, the economy is likely to get a boost in the near-to-medium term from an interest rate cut by the Federal Reserve, Feinseth contended. While we acknowledge the potential of NVDA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: The author owns shares of AMZN but has no plans to trade them in the next 48 hours. This article is originally published at Insider Monkey.
Yahoo
07-04-2025
- Business
- Yahoo
Dow closes 345 points lower after roller coaster trading amid tariff fallout
The Dow Jones Industrial Average and S&P 500 closed lower on Monday, ending a roller coaster trading session as mixed signals about President Donald Trump's tariffs triggered major reversals, from losses to gains to losses again. The Dow dropped 345 points, or 0.9%, while the tech-heavy Nasdaq ticked up 0.1%. The S&P 500 closed down 0.2%. Markets dropped sharply at the open of trading. Within minutes, markets recovered those losses and moved higher in response to a social media post from Trump indicating a willingness to negotiate tariffs. "Countries from all over the World are talking to us," Trump said on Truth Social. "Tough but fair parameters are being set." Soon afterward, Trump escalated the United States' trade spat with China, reversing market gains. Trump threatened to slap an additional 50% tariff on China, unless the country withdraws 34% retaliatory tariffs announced last week. Those retaliatory tariffs came in response to a 34% tariff announced by the U.S. days earlier, which came on top of 20% tariffs already imposed on China. The threatened 50% tariff would bring total U.S. tariffs on Chinese goods to 104%. Ultimately, the market continued to move lower on Monday. That selloff extended losses that stretch back to Trump's announcement of far-reaching tariffs last week. The Dow suffered its worst week since 2020, and the Nasdaq ended last week in a bear market. The murky path forward for tariffs -- and, in turn, the global economy -- helped fuel seesaw trading on Monday, Bret Kenwell, U.S. investment analyst at eToro, told ABC News. "It's an immense amount of volatility at the moment amid an immense amount of uncertainty," Kenwell said. Ivan Feinseth, a market analyst at Tigress Financial, also underscored the high stakes of tariffs. "You can draw a line from these tariffs to the fact they could slow growth, increase inflation and put the Federal Reserve on hold. Now everything is in a panic," Feinseth said. The brief upsurge for markets in response to potential tariff negotiations, however, indicated eagerness among investors for a thaw in global trade tensions, Feinseth added. "The market is wound up to bounce back on positive news," Feinseth said. The sell-off on Monday also hit crypto markets. Bitcoin, the world's largest cryptocurrency, fell 0.9%. The price of a bitcoin stands at about $79,000, which marks a roughly 30% drop from a peak attained in January. Ether dropped 3.4%, while lesser-known coin Solana fell 1.1%. Tokyo's Nikkei 225 index lost nearly 9% shortly after the market opened on Monday, the steep decline triggering a circuit breaker that temporarily halted trading. Japan's broader TOPIX index sank 8%. In Taiwan, the Taiex lost 9.7%, while in Singapore the STI fell more than 8%. South Korea's KOSPI index fell more than 5.5% in Monday trading, with Australia's S&P/ASX 200 sliding more than 6% before recovering slightly. Hong Kong's Hang Seng Index dropped 13.22% -- its worst one-day performance since 1997 during the Asian Financial Crisis -- with Chinese tech stocks like Alibaba and Baidu among the big losers. MORE: Trump tariffs live updates: US 'stronger' despite market turbulence, Trump says On the mainland -- where there are fewer international investors -- the Shanghai Composite Index dropped more than 7%, despite being buoyed by state-owned investors known as the "National Team." India's stock markets also struggled. The BSE's Sensex dropped 5.19% while the broader Nifty tumbled 5%. Asian markets collectively posted their worst day trading session since 2008. European indexes followed suit on Monday morning. The British FTSE 100 index fell 6% upon opening, while the pan-European Stoxx 600 index dropped more than 6%. Germany's DAX index fell 10%, France's CAC lost 6.6% and Italy's FTSE MIB slid 5.7%. Investors expected continued market turmoil on Monday in response to Trump's "Liberation Day" tariffs announced last week. Speaking with reporters on Air Force One on Sunday, Trump addressed the recent market turbulence and subsequent fears of an imminent recession. "Now what's going to happen with the market? I can't tell you, but I can tell you, our country has gotten a lot stronger, and eventually it'll be a country like no other, it'll be the most dominant country economically in the world," Trump said. "I don't want anything to go down, but sometimes you have to take medicine to fix something and we have such a horrible -- we have been treated so badly by other countries because we had stupid leadership that allowed this to happen," the president added. MORE: Dow closes down 2,200 points, Nasdaq enters bear market amid tariff fallout U.S. markets closed significantly down on Friday. The Dow Jones Industrial Average plummeted 2,230 points, or 5.5%, while the S&P 500 plunged 6%. The tech-heavy Nasdaq declined 5.8%. The decline put the Nasdaq into bear market territory, meaning the index has fallen more than 20% from its recent peak. The trading session on Friday marked the worst day for U.S. stocks since 2020. The second-worst day for U.S. stocks since 2020 happened on Thursday, a day earlier. ABC News' Ellie Kaufman, Karson Yiu, Zunaira Zaki, Max Zahn and Hannah Demissie contributed to this report. Dow closes 345 points lower after roller coaster trading amid tariff fallout originally appeared on
Yahoo
05-04-2025
- Business
- Yahoo
'Trump Tariffs Could Blow Up Apple': Analyst Estimates $39.5 Billion Impact
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Analysts weigh in on the impact newly imposed reciprocal tariffs by President Donald Trump on other countries and the effect it could have on Apple Inc (NASDAQ:AAPL) and its products, such as the iPhone. The Apple Analysts: Rosenblatt analyst Barton Crockett maintained a Buy rating on Apple with a $263 price target. Tigress Financial analyst Ivan Feinseth reiterated a Strong Buy rating on Apple and raised the price target from $295 to $300. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. The $1.3 billion startup investment boom: How this company's explosive growth is opening doors for everyday investors with a new $500 minimum Rosenblatt on AAPL: American icon Apple could be severely impacted by the tariffs, Crockett said in a new investor note. "Trump tariffs could blow up Apple," Crockett said. The analyst said the quick math suggests Apple could face $39.5 billion of tariff costs. "We believe that close to 100% of iPhones sold in the U.S. are made in China, 90% of Macs, 80% of iPads, 90% of Apple Watches and 35% of Airpods." The analyst said these products are also made in Vietnam. Tariffs on China and Vietnam are 54% and 46%, respectively. "This looks pretty tough." Without Apple raising prices, the analyst estimates that operating profits and earnings per share could be down by around 32% annually. Raising prices could offset demand, the analyst warned. "We note that Apple's main rival in the U.S., Samsung, is based in South Korea upon which Trump just levied 25% tariffs. So Samsung, as it stands now, could be meaningfully competitively advantaged, tariff-wise." Crockett also questions if China will retaliate and try to hurt Apple in the country to help its own local smartphone makers. The analyst said Apple moving iPhone production to the U.S. would be "hard to do economically" and can't happen for on AAPL: Services growth and the integration of Apple Intelligence are future catalysts for Apple, Feinseth writes in a new investor note. The analyst said these two items and Apple's growing customer base will "continue to drive ongoing revenue and cash flow growth." "AAPL's ongoing integration of Apple Intelligence will increasingly enhance the cadence of new product introductions and drive Services growth and further growth of its ecosystem," Feinseth said. Feinseth said Apple Intelligence will help grow new product sales and Services revenue in the future. "Strength in Services revenue continues to be driven by expanded application and services with new offerings in Apple Arcade games and new programming on Fitness+." The analyst highlighted Apple's installed base of active devices hitting an all-time high in the most recently reported quarter. "AAPL remains a must-own stock driven by its industry leadership position and significant Economic Earnings power, brand equity, loyal customer base, cash generation ability, increasingly strong balance sheet, and ability to innovate to create new products as it expands its ecosystem." Read Next: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Arrived Home's Private Credit Fund's has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Photo: Shutterstock Send To MSN: Send to MSN This article 'Trump Tariffs Could Blow Up Apple': Analyst Estimates $39.5 Billion Impact originally appeared on Sign in to access your portfolio
