Latest news with #Financials
Yahoo
2 days ago
- Business
- Yahoo
Nvidia Price Target Raised to $200 by Morgan Stanley
Morgan Stanley raised its Nvidia (NVDA, Financials) price target to $200 from $170, citing sustained demand for its Blackwell AI chips. The firm sees supply easing in the second half, which could boost earnings momentum. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Nvidia's revenue grew 86% in the past year with a 70% gross margin. The bank now values the stock at 33 times its 2026 mid-year EPS forecast of $6.02. Shares closed Monday at $175.51, near their $179.38 high. Nvidia remains Morgan Stanley's top semiconductor pick. This article first appeared on GuruFocus. 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
2 days ago
- Business
- Yahoo
Nvidia Price Target Raised to $200 by Morgan Stanley
Morgan Stanley raised its Nvidia (NVDA, Financials) price target to $200 from $170, citing sustained demand for its Blackwell AI chips. The firm sees supply easing in the second half, which could boost earnings momentum. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Nvidia's revenue grew 86% in the past year with a 70% gross margin. The bank now values the stock at 33 times its 2026 mid-year EPS forecast of $6.02. Shares closed Monday at $175.51, near their $179.38 high. Nvidia remains Morgan Stanley's top semiconductor pick. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
IBM Stock Slips on Slower Software Growth Despite Q2 Beat
IBM (IBM, Financials) had better overall results for the second quarter than analysts had predicted. However, investors were more interested in the company's software division, where revenue fell slightly short of what analysts had expected. Warning! GuruFocus has detected 4 Warning Sign with AMZN. Projections were off by $16.98 billion in revenue and $2.80 in adjusted profits per share. But the software sales were $7.39 billion, which was a little less than the $7.43 billion that most people expected. IBM CEO Arvind Krishna claimed that geopolitical concerns and weaker U.S. federal spending were to blame for slower client activity, but he said that long-term expectations had not changed. UBS analysts reaffirmed their "sell" rating but boosted their price target to $200 because software revenue growth was slowing down. Bank of America lowered its price target from $320 to $310, but kept its "buy" rating. It said that the segment's performance will be a "show me story" for the remainder of 2025. Wedbush analysts were positive about IBM's position in hybrid cloud and AI and saw the drop after earnings as a possible buying opportunity. This article first appeared on GuruFocus.
Yahoo
3 days ago
- Business
- Yahoo
IBM Stock Slips on Slower Software Growth Despite Q2 Beat
IBM (IBM, Financials) had better overall results for the second quarter than analysts had predicted. However, investors were more interested in the company's software division, where revenue fell slightly short of what analysts had expected. Warning! GuruFocus has detected 4 Warning Sign with AMZN. Projections were off by $16.98 billion in revenue and $2.80 in adjusted profits per share. But the software sales were $7.39 billion, which was a little less than the $7.43 billion that most people expected. IBM CEO Arvind Krishna claimed that geopolitical concerns and weaker U.S. federal spending were to blame for slower client activity, but he said that long-term expectations had not changed. UBS analysts reaffirmed their "sell" rating but boosted their price target to $200 because software revenue growth was slowing down. Bank of America lowered its price target from $320 to $310, but kept its "buy" rating. It said that the segment's performance will be a "show me story" for the remainder of 2025. Wedbush analysts were positive about IBM's position in hybrid cloud and AI and saw the drop after earnings as a possible buying opportunity. This article first appeared on GuruFocus. 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
Gold Glitters for Newmont as Stock Soars on Strong Earnings and Big Buyback
Shares of Newmont (NEM, Financials) jumped nearly 7% Friday after the gold miner posted a blowout second quarter, driven by a surge in gold prices and strong production. The stock is now up about 75% in 2025, making it one of this year's best performers. Warning! GuruFocus has detected 8 Warning Signs with NEM. The company delivered adjusted earnings of $1.43 per share, easily topping analyst forecasts. Revenue grew 20% year over year to $5.32 billion, boosted by a 26.5% increase in gold sales. Gold prices averaged $3,320 an ounce during the quarterup nearly $1,000 from a year ago. In short: Newmont is riding the gold wave better than most. CEO Tom Palmer said the company generated a record $1.7 billion in free cash flow last quarter while producing 1.5 million ounces of gold. This was one of our strongest quarters ever, he said. Newmont didn't just sit on that cashit announced a $3 billion stock buyback, signaling confidence in its balance sheet and long-term outlook. While gold was the star, sales of other metals like copper and silver declinedsomething Newmont seems okay with, given how well its core business is performing. Investors now see the miner as more than just a gold play. With inflation worries still simmering and demand for safe-haven assets rising, Newmont's cash generation and shareholder returns are turning heads. This article first appeared on GuruFocus. Sign in to access your portfolio
