Latest news with #MichaelTurrin
Entrepreneur
3 days ago
- Business
- Entrepreneur
3 New Strong Buy Ratings from Top-Rated Analysts: 05/29/2025
Why United Airlines (UAL) is flying high, plus 2 more stocks getting some love from the smart money crowd… This story originally appeared on WallStreetZen Here's what analysts are bullish on as of 5/29/2025, as sourced from our most popular stock screener: Autodesk ( ADSK ) enjoys consensus-beating earnings results enjoys consensus-beating earnings results Why things could be turning around for United Airlines ( UAL ) There's a lot to like about Science Applications International (SAIC) P.S. Get more alerts like this daily … Try WallStreetZen Premium. This is the company behind flagship software products like AutoCAD, Revit, 3ds Max, and Maya. It has its fingers in many pies, from architecture and construction to manufacturing and entertainment. With multiple mature software ecosystems at work, the company is now focused on expanding into other high-margin areas, supported by a pretty hefty checkbook. Zen Rating: B (Buy) — see full analysis > Recent Price: $299.66 — get current quote > Max 1-year forecast: $374.00 Why we're watching: ADSK has attracted a fair bit of attention from Wall Street — at present, 21 analysts cover the stock, which currently has 9 Strong Buy ratings, 5 Buy ratings, and 7 Hold ratings. See the ratings Notably, Michael Turrin of Wells Fargo (a top 24% rated analyst) maintained a Strong Buy rating after the company's Q1 2026 earnings call, and increased his price target from $345 to $360. Turrin called the quarter's results consensus-beating and noted that Autodesk's transaction model was behind management hiking its FY 2026 billings guidance. Autodesk did not hike its revenue guide in step with the billings move, the analyst noted, calling the decision "prudent." Looking ahead, Turrin told readers that Wells Fargo is bullish on Autodesk's prospects for durable growth and further margin expansion. Autodesk stock has a Zen Rating of B, and currently ranks in the top 7% of stocks on the whole. Strong Financials are ADSK's greatest advantage — in this regard, the business ranks in the 97th percentile of publicly-traded companies. (See all 7 Zen Component Grades here >) 2. United Airlines (NASDAQ: UAL) The largest airline in the United States, United Airlines, has seen stock price dip quite significantly since the start of the year. However, Wall Street remains undeterred — and in view of easing macro and sectoral conditions, analysts are projecting quite a significant upside for the now-undervalued travel titan. Zen Rating: B (Buy) — see full analysis > Recent Price: $78.40 — get current quote > Max 1-year forecast: $140.00 Why we're watching: UAL is covered by 12 analysts, all of whom issue positive ratings. The stock currently has 9 Strong Buy ratings, 3 Buy ratings, and 0 Hold, Sell, or Strong Sell ratings. See the ratings In addition, the average 12-month price forecast for United Airlines shares currently sits at $105.17, a figure that implies a 40.88% upside. UBS analyst Thomas Wadewitz (a top 20% rated analyst) recently upgraded UAL to a Strong Buy, and hiked his price target from $67 to $105. Recent tariff relief from the 90-day agreement with China and the framework with the UK support a shift in the base case from a downturn in the economy to stability and slow growth, Wadewitz said. A more stable economic backdrop and the recent rebound in the U.S. equity market give UBS increased confidence in the resilience of international and premium revenue, which had been its primary cyclical concern for both Delta and United. Their firm now expects pressure on total revenue per available seat mile to ease and transition to 3% TRASM growth in 2026. United Airlines stock has a Zen Rating of B, and ranks in the top 6% of stocks on the whole. Since UAL shares have lost 18.07% in value since the start of the year, the stock is at a pretty substantial discount at the moment — and ranks in the top 8% of equities in terms of its Value Component Grade rating. (See all 7 Zen Component Grades here >) 3. Science Applications International (NASDAQ: SAIC) Currently one of the highest-rated stocks in the information technology service sector (read more about why industry matters here), SAIC enjoys sizable (and steady) inflows from government contracts.. With deep client relationships, steady contract wins, and a growing focus on emerging technologies like AI and digital engineering, the business offers investors a stable, tech-driven defense play with consistent cash flow and long-term government demand. Zen Rating: A (Strong Buy) — see full analysis > Recent Price: $119.73 — get current quote > Max 1-year forecast: $140.00 Why we're watching: At present, 6 analysts cover SAIC shares — 2 have given them a Strong Buy rating, while the remaining 4 ratings are Holds. See the ratings The Street-high price target of $140 was issued by JP Morgan's Seth Seifman (a top 9% rated analyst), who reiterated a Strong Buy rating on April 15 and cut his price forecast from $148. The other Strong Buy rating comes from Wells Fargo researcher Matthew Akers (a top 6% rated analyst), who currently has a $132 price target on Science Applications International stock. Top-rated analysts are obviously bullish — yet overall sentiment is mixed. However, our Zen Ratings System rates SAIC an A and ranks it in the top 2% of stocks based on a holistic analysis of 115 factors. based on a holistic analysis of 115 factors. As of the time of writing, the stock was trading at a price-to-earnings (P/E) ratio of just 16.22x, far below the market average of 21.18x. More broadly, it ranks in the top 2% of equities in terms of Value. However, SAIC also ranks quite highly in terms of Safety and Growth — categories in which it is currently in the top 11% and 13% of stocks, respectively. (See all 7 Zen Component Grades here >) What to Do Next?
Globe and Mail
3 days ago
- Business
- Globe and Mail
Wells Fargo Keeps Their Hold Rating on Salesforce (CRM)
In a report released yesterday, Michael Turrin from Wells Fargo maintained a Hold rating on Salesforce (CRM – Research Report), with a price target of $255.00. The company's shares closed yesterday at $277.19. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Turrin is a 3-star analyst with an average return of 0.9% and a 51.80% success rate. Turrin covers the Technology sector, focusing on stocks such as Salesforce, ServiceNow, and Adobe. Currently, the analyst consensus on Salesforce is a Moderate Buy with an average price target of $350.88, a 26.58% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $300.00 price target. The company has a one-year high of $369.00 and a one-year low of $212.00. Currently, Salesforce has an average volume of 6.66M. Based on the recent corporate insider activity of 233 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 CRM in relation to earlier this year. Last month, R DAVID SCHMAIER, the Chief Product & Impact Officer of CRM sold 6,959.00 shares for a total of $1,762,714.70.
CNBC
01-05-2025
- Business
- CNBC
Analysts cheer Microsoft's 'exceptional' quarter, call Azure a 'ray of light'
Analysts are doling out praise after Microsoft 's latest earnings report. The tech titan earned $3.46 per share on $70.07 billion of revenue during the third fiscal quarter. Analysts polled by LSEG had predicted just $3.22 per share and $68.42 billion in revenue. Microsoft projected 34% to 35% in growth for Azure, its cloud computing platform, at constant currency. That's ahead of the consensus rate of 31.5% from analysts surveyed by StreetAccount. The stock surged more than 8% in Thursday's premarket following the report. That offers a reprise for shares, which have slipped more than 6% since 2025 began. Despite the lackluster performance so far this year, most analysts have buy ratings on the megacap tech name, per LSEG. Here's what some had to say about the company's report: Wells Fargo Analyst Michael Turrin has an overweight rating and upped his price target by $15 to $515. With that, Turrin expects shares to soar 30.3% over the next year. "MSFT's FQ3 print showed no real sign of macro weakness, w/ signif Azure upside (both core + AI) & commentary suggesting the commercial biz remains stable. Expect narrative around Azure growth & AI position to improve & shares to re-rate." JPMorgan Analyst Mark Murphy has an overweight rating and added $10 to his price target, bringing it to $475. Murphy now expects upside of 20.2% over Wednesday's closing level. Specifically, Murphy called Azure's performance a "ray of light" for pessimistic investors. "What we clearly failed to anticipate at this juncture is the several points of upside in Azure CC growth, seemingly driven by capacity coming online to serve available AI demand and better execution within the non-AI / 'core' compute consumption portion of Azure. Net-net, the apparent lack of any tangible macro stress or strain, including commentary that demand signals across the commercial business were consistent in April and are expected to remain so moving forward, is likely to surprise investors positively." Citi Analyst Tyler Radke has a buy rating and $480 price target, which suggests shares can climb 21.4%. "Microsoft had an exceptional quarter, with a +4pt beat on Azure, better-than-expected AI demand, continued strong bookings (+18% YoY vs. flat guide) and a strong profitability beat. Non-AI workloads drove the majority of the Azure beat, particularly among large customers. Guidance was also promising, with Azure growth of 34-35% YoY cc (vs. cons 32% YoY) and a reiteration of CapEx spend into FY26. MSFT expects demand to outstrip supply for longer than they anticipated. We expect the stock to trade up on the Azure growth trajectory and see positive read-throughs for other consumption names. With better growth/AI revenue at scale at MSFT we remain buyers." Goldman Sachs Analyst Kash Rangan has a buy rating on the name. Rangan increased his price target by $30 to $480, now suggesting 21.4% upside. "We are ... balanced in our view of the outlook, with the strong execution, share gains, and early demand signals weighed against potential incremental risk with the impact of future tariffs, largely, not factored into guidance. We continue to believe that as Gen-AI moves from the Infrastructure layer to the Platform/Application layers, Microsoft is well positioned to capitalize on this shift, wherein a more capital efficient and higher margin recurring revenue model could become a reality, just as it did during the on-prem to cloud transition." Barclays Analyst Raimo Lenschow has an overweight rating. Lenschow hiked his price target from $430 to $494, which implies a 25% surge. "It does not often happen that a Mega-cap company can significantly surprise investors with an earnings report, but that is what happened with MSFT. Against low expectations and mixed checks, MSFT delivered a much better quarter highlighted by accelerating Azure growth in Q3 and strong Q4 guidance."
Yahoo
28-04-2025
- Business
- Yahoo
Why Tyler Technologies Stock Slipped on Monday
Tyler Technologies (NYSE: TYL) was given the cold shoulder by analysts on the first trading day of the week. On the back of an analyst's price cut, the company's share price eroded, although not by an alarming figure. It declined 0.6% for an uninspiring performance, considering the S&P 500's (SNPINDEX: ^GSPC) marginal (less than 0.1%) Monday rise. That was roughly proportionate with the cut enacted by Wells Fargo's Michael Turrin. He shaved $20 off his Tyler price target for a new fair-value assessment of $590 per share. In doing so, he maintained his equal weight (read: hold) recommendation on the specialty tech stock. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The reasons for Turrin's move weren't immediately clear. Analysts often make tweaks to their stock evaluations after earnings; this one closely follows Tyler's latest earnings release. Last week, the company unveiled its first-quarter results, posting revenue that grew 10% year over year to $565 million, and non-GAAP (generally accepted accounting principles) adjusted net income that ballooned by nearly 30% to $122 million. Both headline figures convincingly beat analyst estimates, as did bottom-line guidance for the entirety of 2025. Management attributed the improvements to strong growth in revenue for the company's software-as-a-service (SaaS) offerings, among other products. It can be hard for ambitious tech companies to impress investors, who often expect lofty growth numbers for a number of years. I don't think Tyler investors should be discouraged by this fresh price target cut -- the company looks solid fundamentally and attractively priced. In short, I'd be more bullish on its potential than Turrin is. Before you buy stock in Tyler Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Tyler Technologies 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 $594,046!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $680,390!* Now, it's worth noting Stock Advisor's total average return is 872% — a market-crushing outperformance compared to 160% 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 April 28, 2025 Wells Fargo is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tyler Technologies. The Motley Fool has a disclosure policy. Why Tyler Technologies Stock Slipped on Monday was originally published by The Motley Fool
Business Insider
28-04-2025
- Business
- Business Insider
Jefferies Reaffirms Their Hold Rating on Five9 (FIVN)
Jefferies analyst Samad Samana maintained a Hold rating on Five9 (FIVN – Research Report) yesterday and set a price target of $28.00. The company's shares closed last Friday at $25.06. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Samana covers the Technology sector, focusing on stocks such as HubSpot, ServiceNow, and Shopify. According to TipRanks, Samana has an average return of 2.8% and a 45.81% success rate on recommended stocks. In addition to Jefferies, Five9 also received a Hold from Wells Fargo's Michael Turrin in a report issued on April 22. However, on April 24, Rosenblatt Securities maintained a Buy rating on Five9 (NASDAQ: FIVN). The company has a one-year high of $60.76 and a one-year low of $21.04. Currently, Five9 has an average volume of 1.86M. Based on the recent corporate insider activity of 49 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 FIVN in relation to earlier this year. Last month, Barry Zwarenstein, the CFO of FIVN sold 2,468.00 shares for a total of $82,011.64.
