Latest news with #LoopCapital
Yahoo
2 days ago
- Business
- Yahoo
Loop Capital Initiates Coverage on Autodesk, Inc. (ADSK) with ‘Hold' Rating
By earning a spot on Ethisphere's 2025 list of the World's Most Ethical Companies and attracting significant hedge fund interest, Autodesk, Inc. (NASDAQ:ADSK) secures a place on our list of the . A bridge under construction, watched over by a team of experienced engineers. On July 23, Loop Capital started coverage on Autodesk, Inc. (NASDAQ:ADSK) with a 'Hold' rating, setting a $320 price target. The company's share price is currently at $301.10, and this price target implies an upside potential of 6.28%. The analyst attributed the 'Hold' rating to softness in the company's core construction market, marked by high interest rates and rising material costs. However, the analyst remains optimistic about ADSK's long-term potential. Meanwhile, it was reported weeks ago that Autodesk, Inc. (NASDAQ:ADSK) was planning to acquire PTC, a Boston-based rival engineering company. However, those plans have since changed. On July 14, 2025, Bloomberg reported that ADSK is no longer thinking of acquiring PTC. The share price of Autodesk went off on a downward slope following the news of potential acquisition; however, it's gaining upward momentum now. The share price is up 3.06% over the past week. Autodesk, Inc. (NASDAQ:ADSK), a global 3D design, engineering, construction, and entertainment software company, offers cutting-edge tools for everything from infrastructure to animation. It is one of the best ESG stocks. While we acknowledge the potential of ADSK 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: 14 Cheap Transportation Stocks to Buy According to Analysts and Top 10 AI Infrastructure Stocks to Buy Now. 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
5 days ago
- Business
- Yahoo
Loop Capital Bullish on Cadence (CDNS) Amid China Licensing Delays
Cadence Design Systems, Inc. (NASDAQ:CDNS) ranks among the . On July 14, Loop Capital maintained its Buy rating on Cadence Design Systems, Inc. (NASDAQ:CDNS) and raised its price target from $340 to $370. The firm stated that Cadence's second-quarter 2025 results and third-quarter outlook will probably be distorted by the month-long US export prohibition for electronic design automation (EDA) headed for China. Suwin/ Although the company's overall FY25 revenue projection is expected to remain unchanged, Loop Capital estimates that roughly 4-5% of Cadence's second-quarter total revenue will move out of the quarter and be redirected into the second half of fiscal year 2025. In contrast to management's early May messaging, Loop Capital believes Cadence's licensing activity and business pipeline are still robust despite the export control issues, with the generally improved chip cycle further boosting licensing activity. Cadence Design Systems, Inc. (NASDAQ:CDNS) is a leading player in electronic systems design. Utilizing its Intelligent System Design approach, the company provides a full range of hardware, IP, and computational software solutions. While we acknowledge the potential of CDNS 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 More: and Disclosure: None.
Yahoo
7 days ago
- Business
- Yahoo
Intel Stock Is in a ‘Catch-22' Scenario. How Should You Play INTC Here?
Intel Corp_ Santa Clara campus-by jejim via Shutterstock Intel (INTC) shares closed roughly flat on Tuesday after a senior Loop Capital analyst initiated coverage of the semiconductor giant with a 'Neutral' rating only. In his research note, Gary Mobley announced a $25 price target on INTC, indicating limited upside as 'the catch-22 situation for Intel is obvious.' More News from Barchart That said, Intel stock is currently up more than 30% versus its year-to-date low set in early April. Intel Stock is Grappling With an Internal Strategic Conflict Loop Capital assumed a dovish stance on INTC shares this morning primarily because the firm is stuck in an internal strategic conflict. According to the investment firm, Intel must tap on Taiwan Semi's (TSM) advanced manufacturing processes to design sophisticated chips that stand a chance against rivals like Nvidia (NVDA) and Advanced Micro Devices (AMD). However, the company's foundry business will take a meaningful hit if INTC chooses to outsource chip manufacturing. 'If Intel Foundry can't rely on volume from Intel Products, the company as a whole will struggle to cover fixed costs,' analyst Gary Mobley told clients in a report on Tuesday. Management Must Find a Workaround to Free INTC Shares Mobley recommends caution in buying Intel shares as the company's foundry business is actually a 'headwind' for its products segment. More importantly, the expert believes INTC is rather restricted in terms of 'options to detach, or de-consolidate Intel Foundry' as well. In his research note, he went on to confirm that Loop Capital will refrain from turning constructive on INTC stock unless the management finds a workaround to these competing operational mandates of the two core businesses. How Wall Street Recommends Playing Intel Corp in 2025 The aforementioned challenges are not at all lost on other Wall Street firms either. In fact, many have a price target on Intel stock that actually trails Loops Capital's. According to Barchart, the consensus rating on INTC shares sits at 'Hold' only with the average price target of about $22.68, indicating potential downside of more than 2% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
19-07-2025
- Business
- Yahoo
Netflix, Inc. (NFLX): 'It Makes Me Feel Terrific,' Says Jim Cramer
We recently published . Netflix, Inc. (NASDAQ:NFLX) is one of the stocks Jim Cramer recently discussed. Netflix, Inc. (NASDAQ:NFLX) is one of the most frequently discussed stocks on Cramer's morning show. He's enamored with the firm primarily due to its sizable lead in the video streaming industry. Netflix, Inc. (NASDAQ:NFLX)'s shares have gained 41% year-to-date as the firm has benefited from strong earnings performance and subscriber growth. In his previous comments, Cramer has also praised the firm's production approach for its ingenuity. This time, he commented on a recent analyst upgrade: '[On Loop Capital increasing price target to $1,150] Alright so let's do this. Go on the Netflix call, everything is what I want. There's utility, there's respect, there's tremendous appreciation for all the countries that make product. It makes me feel terrific. They're an American company that does a great job. . .you don't need to be miserable and contemptuous.' Previously, the CNBC host discussed Netflix, Inc. (NASDAQ:NFLX)'s earnings: 'After the close, we're treated to the most delightful of conference calls, Netflix. First thing, I have a dearth of things to watch right now. It's really starting to bug me. So I'm going to be listening to the conference call in part because they talk about all the great overseas programming. I get some terrific ideas of what to watch when I get home that night. The bar is very high for Netflix, though, which will have to tell us how their ad tier is going, how Squid Game did, and how NFL Christmas streaming football advertising's looking. A home theater with family members enjoying streaming content together. If Netflix doesn't deliver an outstanding number, though, I gotta tell you, there'll be an awful lot of downside. We have so many price target boosts, even two today. I'd be a little nervous, even as I expect a good quarter.' While we acknowledge the potential of NFLX 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . 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. Sign in to access your portfolio
Yahoo
18-07-2025
- Business
- Yahoo
Paramount Ends Stephen Colbert's Late Show in 2026
Paramount Global (NASDAQ:PARA) is pulling the plug on The Late Show with Stephen Colbert come May 2026. It's all about tightening the beltrising costs and viewers shifting to streaming have forced CBS to make some tough calls. The company is quick to point out this isn't about the show's quality or politics, just dollars and cents. Warning! GuruFocus has detected 7 Warning Signs with PARA. Of course, everyone's talking about Colbert's big fat bribe quip after Paramount's $16 million settlement with President Trump. Some wondered if that stirred the pot, but executives say the cancellation and the lawsuit are totally separate. The settlement, wrapped up July 1, did throw a wrench in Paramount's planned Skydance Media merger, which is still waiting on FCC approval. Behind the scenes, legacy TV channels are bleeding revenue, digital ad sales are under pressure, and the streaming side hasn't turned profitable yet. That's why analysts like UBS's John Hodulik and Loop Capital's Alan Gould are sticking with Sell ratings and a $10 targetthey see more downside as Paramount navigates these headwinds. This article first appeared on GuruFocus. Sign in to access your portfolio
