Latest news with #KashRangan
Business Insider
6 days ago
- Business
- Business Insider
Goldman Sachs Reaffirms Their Hold Rating on CoreWeave, Inc. Class A (CRWV)
In a report released today, Kash Rangan from Goldman Sachs maintained a Hold rating on CoreWeave, Inc. Class A, with a price target of $120.00. The company's shares closed today at $117.76. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Rangan covers the Technology sector, focusing on stocks such as Snowflake, Microsoft, and CoreWeave, Inc. Class A. According to TipRanks, Rangan has an average return of 6.5% and a 52.92% success rate on recommended stocks. In addition to Goldman Sachs, CoreWeave, Inc. Class A also received a Hold from Bank of America Securities's Bradley Sills in a report issued today. However, on the same day, Jefferies maintained a Buy rating on CoreWeave, Inc. Class A (NASDAQ: CRWV). Based on CoreWeave, Inc. Class A's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $981.63 million and a GAAP net loss of $314.64 million. In comparison, last year the company earned a revenue of $116 million and had a GAAP net loss of $170.57 million
Business Insider
13-08-2025
- Business
- Business Insider
Monday.com (MNDY) Gets a Buy from Goldman Sachs
In a report released today, Kash Rangan from Goldman Sachs reiterated a Buy rating on with a price target of $270.00. The company's shares closed today at $172.15. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Rangan is a 4-star analyst with an average return of 6.5% and a 52.92% success rate. Rangan covers the Technology sector, focusing on stocks such as Snowflake, Microsoft, and Adobe. In addition to Goldman Sachs, also received a Buy from Barclays's Raimo Lenschow in a report issued today. However, on the same day, UBS reiterated a Hold rating on (NASDAQ: MNDY).
Yahoo
10-08-2025
- Business
- Yahoo
Goldman Sachs Reiterates its Buy Rating on Adobe, Keeps PT at $570
Adobe Inc. (NASDAQ:ADBE) is one of the Best Affordable AI Stocks to Buy. On July 30, Goldman Sachs reiterated its Buy rating on Adobe Inc. (NASDAQ:ADBE), keeping the price target at $570. Kash Rangan from Goldman Sachs kept his rating on ADBE following the company's Q2 FY2025 results. The analyst remains positive about Adobe's growth trajectory, mentioning the company's massive content supply chain platform that has fueled Adobe Experience Platform and Apps subscription up by 40% year-over-year. During Q2, the company achieved record revenue of $5.87 billion, reflecting 11% growth from a year ago. Rangan sees this as evidence of Adobe's expanding enterprise market share. The company's Firefly app is growing rapidly, with first-time subscribers growing 30% year-over-year during Q2. Rangan believes that opens monetization potential for Adobe through higher-priced tiers and generative credit consumption models. Moreover, the company accepts its AI initiatives, such as Acrobat AI Assistant and Firefly, to contribute almost $250 million to the revenue in FY2025. The analyst mentioned that this could provide additional revenue growth as consumption-based AI features scale, especially in areas such as AI-enabled video generation. Adobe Inc. (NASDAQ:ADBE) is a leading technology company that offers AI features through three segments, including Digital Media, Digital Experience, and Publishing and Advertising. While we acknowledge the potential of ADBE 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 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
08-08-2025
- Business
- Yahoo
Oracle (ORCL) Tapped as Key AI Infrastructure Winner — BofA Boosts Target
Oracle Corporation (NYSE:ORCL) is one of the . On August 5, BofA Securities analyst Kash Rangan raised the price target on the stock to $295.00 (from $220.00) while maintaining a 'Neutral' rating. The firm's rating affirmation is backed by greater-than anticipated capital expenditure guidance and accelerating momentum in the artificial intelligence cycle. The firm believes Oracle is a key beneficiary of the ongoing AI cycle. 'It is clear that demand for AI infrastructure is ramping,' the firm noted, pointing toward the recent guidance from Microsoft and Meta. 'We view these as demand signals into a large addressable market for AI infrastructure,' highlighting Oracle's OCI platform to be a a key beneficiary of growing demand for third-party AI infrastructure. 'We are entering the next wave of adoption, which is likely to benefit key AI infrastructure vendors, including Oracle.' A technical analyst using a cloud-based analytics dashboard for financial services. The firm cited recent developments as demand signals. 'Several developments have unfolded over the course of the Q2 earnings cycle that point to a ramping capex cycle for AI. Microsoft guided to Q1FY26 capex of $30 billion+, well ahead of our prior estimate for $23.5 billion, citing healthy backlog for cloud migration deals pulled along by AI driven initiatives. Meta guided FY CapEx to $69bn (versus Justin Post's estimate for $67bn) to ramp its data center footprint and AI infrastructure buildout. We view these as demand signals into a large addressable market for AI infrastructure.' Nevertheless, the firm has reiterated its Neutral rating due to limited visibility into how much the AI infrastructure opportunity will boost revenue. 'The bull/bear debate on the stock centers on how material the AI infrastructure opportunity is for Oracle and the magnitude of upside to topline growth targets,' they wrote, citing a 'nascent stage of the AI infrastructure build.' Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider. While we acknowledge the potential of ORCL 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. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
02-08-2025
- Business
- Yahoo
Goldman Sachs Has Mixed Feelings About CoreWeave (CRWV)—Here's Why
CoreWeave, Inc. (NASDAQ:) is one of the . On July 30, Goldman Sachs reiterated the stock as 'Neutral' and said that it is standing by its neutral rating ahead of earnings on Aug. 12. 'Since we launched coverage last April, CoreWeave's financial profile has largely played out (see our initiation report for more details), quieting some of the most draconian bear cases.' An experienced financial analyst working intently at their desk in a modern office setting. Goldman Sachs analyst Kash Rangan is both optimistic and cautious on CoreWeave. This is because while it has demonstrated impressive revenue growth, expanding its customer base and capacity, it is also not free from risks. Some of these risks are significant customer concentration, especially after a substantial deal with OpenAI, depreciation, and high debt levels. CoreWeave, Inc. (NASDAQ:CRWV) is a cloud platform provider that provides equipment for AI and other computing purposes. While we acknowledge the potential of CRWV 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: 10 Must-Watch AI Stocks on Wall Street and Disclosure: None. Sign in to access your portfolio
