Latest news with #Mizuho
Yahoo
2 days ago
- Business
- Yahoo
UiPath (PATH) Price Target Lifted to $15 Following Strong Q1 Metrics
UiPath (PATH, Financials) got a lift from Wall Street after posting stronger-than-expected first-quarter results. RBC Capital raised its price target to $15 on Friday, maintaining a Sector Perform rating, with the stock last seen trading at $13.21. The company beat expectations on revenue and operating margins, while Annual Recurring Revenue also came in ahead of guidance. Warning! GuruFocus has detected 3 Warning Sign with PATH. UiPath's solid quarter was backed by an 82.6% gross margin and a current ratio of 2.95, signaling strong financial footing. Management raised full-year 2026 guidance, citing steady renewal rates and resilient performance in its Federal businesseven as macroeconomic uncertainty lingers. Analysts reacted with a mix of caution and optimism. BMO Capital lifted its target to $15.50, citing momentum in the deal pipeline. Mizuho and DA Davidson raised their targets to $14, pointing to solid execution and a successful product cycle, though both kept Neutral ratings. Needham stayed on Hold, flagging weaker net new ARR and retention metrics. KeyBanc maintained a Sector Weight rating, noting the early nature of automation adoption and macro concerns. With price targets now ranging from $10 to $17, the street remains split. Investors will be watching for follow-through in Q2 and beyond to see if UiPath can build on its momentum. Check insider trades. 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
Vertiv Holdings Co (NYSE:VRT) Strong Sales Pipeline Drives Mizuho Target Hike to $125 Despite Tariff Headwinds
Mizuho analyst Brett Linzey recently raised the price target on Vertiv Holdings Co (NYSE:VRT) to $125 from $115 and kept an Outperform rating on the shares. VRT designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. The advisory updated estimates in the electrical equipment and multi-industry sector post earnings. Pent-up demand in investment and capex, the reemergence of profit generation and positive portfolio shaping are common themes, the analyst tells investors in a research note. A close-up of a group of technicians working on complex data center systems. During the latest earnings release, the firm raised full-year 2025 organic sales growth guidance to 18%, supported by robust backlog and pipeline growth. The EPS guidance midpoint for 2025 remained at $3.55, reflecting a 25% year-over-year increase. The adjusted operating profit midpoint for 2025 was maintained at $1.935 billion, with a broader range reflecting tariff-related uncertainties. Second-quarter 2025 expectations include 21% organic sales growth year-over-year and adjusted EPS growth of 21%. While we acknowledge the potential of VRT, 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 VRT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None.
Yahoo
2 days ago
- Business
- Yahoo
Applied Materials (AMAT) Sees 40% DRAM Revenue Growth in 2025, Mizuho Maintains Outperform
Mizuho analyst Vijay Rakesh recently lowered the price target on Applied Materials, Inc. (NASDAQ:AMAT) to $195 from $205 and kept an Outperform rating on the shares. AMAT provides equipment, services, and software for the semiconductor industry. The company reported an in-line quarter but faces headwinds in China, the analyst told investors in a research note. A technician in a clean room assembling a semiconductor chip using a microscope. The firm recently posted earnings for the second fiscal quarter, with Gary Dickerson, President and CEO, reporting that his firm delivered strong results across the board, including record earnings per share. Dickerson stated that Applied is well-positioned in areas such as AI, foundry-logic, advanced DRAM, packaging, and power devices. He highlighted that in 2025, AMAT expects revenues from advanced DRAM customers to grow more than 40% as it ramps investments in DDR-5 and high-bandwidth memory. Dickerson revealed strong market adoption of new products, noting that the Sym3 Magnum etch system for advanced patterning has generated more than $1.2 billion of revenue since launched in February 2024. While we acknowledge the potential of AMAT, 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 AMAT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None. Sign in to access your portfolio
Globe and Mail
3 days ago
- Business
- Globe and Mail
Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Now?
Broadcom (AVGO) recently received a vote of confidence from Redburn Atlantic, which initiated coverage of the stock with a 'Buy' rating. The firm pointed to the company's strong position in application-specific integrated circuits (ASICs) as a key driver of long-term growth. Analyst Mike Harrison set a price target of $301, a new Street high. The bullish call adds to recent optimism around Broadcom, with recent price target hikes from Melius Research and Mizuho. Broadcom's fiscal first-quarter earnings showed a 25% jump in revenue year over year, with AI-related sales playing a growing role. As investor interest in AI and cloud infrastructure grows, analysts appear increasingly confident in Broadcom's ability to deliver sustained performance. About Broadcom Stock Broadcom (AVGO), headquartered in Palo Alto, California, is renowned for its diverse portfolio of semiconductor products, coupled with its infrastructure software solutions. Valued at $1,1 trillion, the company's shares have soared by 71% over the past 52 weeks, showcasing its resilience. Broadcom Surpasses on Fiscal Q1 Earnings On March 6, Broadcom released its fiscal Q1 2025 earnings, surpassing Wall Street's expectations. The company reported revenue of $14.9 billion, comfortably ahead of the $14.6 billion forecast and marking a 25% year-over-year jump. The sharp uptick was powered by artificial intelligence and infrastructure software, each clocking in growth well above 40%. AI revenue soared by 77%, reaching $4.1 billion. The infrastructure segment saw a 47% rise in revenue, reaching $6.7 billion during the quarter. The company's adjusted EBITDA climbed 40.9%, totaling $10.1 billion. Non-GAAP EPS surged by 45.5%, hitting $1.60, easily surpassing the forecast $1.51. Adding to the positive momentum, Broadcom's free cash flow increased by 28.1% to $6 billion. As a testament to their confidence in future growth, management also announced a $10 billion stock buyback program in early April, set to run through the end of the year. CEO Hock Tan has emphasized that this move underscores the board's trust in Broadcom's diversified product lineup. Looking ahead, management has projected fiscal Q2 2025 revenue to reach $14.9 billion, reflecting a 19% increase from the previous year. Meanwhile, analysts tracking Broadcom forecast Q2 EPS to grow 54% year-over-year to $1.34, and fiscal 2025 EPS to rise 53.9% from the prior to $5.71. What Do Analysts Expect for Broadcom Stock? Wall Street's sentiment toward AVGO is nothing short of bullish. Analysts are clearly betting on the company's momentum to continue, especially with tailwinds like AI and infrastructure software business growth adding fuel to the fire. The company will release its fiscal Q2 earings on June 5, which should also grab investor attention. The stock currently enjoys a 'Strong Buy' consensus, a reflection of widespread confidence in its performance trajectory. Among 33 analysts, 29 advocate a 'Strong Buy,' one has a 'Moderate Buy,' and three sit on the fence with a 'Hold.' The average price target of $243.86 represents minimal upside from current prices, while the Street-high price target of $301 suggests shares could gain 24% from here.
CNBC
3 days ago
- Business
- CNBC
Section 899: 'The threat of it alone is enough to spook the markets,' says Mizuho strategist
Jordon Rochester, head of fixed income and currency strategy for Europe, Middle East and Asia at Mizuho, says foreign investors will likely move assets and investments out of the U.S. if the Section 899 in U.S. President Donald Trump's 'One Big Beautiful Bill Act' is enshrined into law.
