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Yahoo
a day ago
- Business
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Do Wall Street Analysts Like Coinbase Global Stock?
Valued at a market cap of $79.8 billion, Coinbase Global, Inc. (COIN) is a leading cryptocurrency exchange that operates a comprehensive platform for digital assets. The New York–based company provides consumers with a primary financial account for the crypto economy, offers institutions a brokerage platform with deep liquidity across the crypto marketplace, and delivers a suite of products enabling developers to build on-chain applications. This cryptocurrency leader has considerably outpaced the broader market over the past 52 weeks. COIN has rallied 61.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.1%. Moreover, on a YTD basis, the stock is up 25.1%, compared to SPX's 8.6% return. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! However, narrowing the focus, COIN has lagged behind the First Trust SkyBridge Crypto Industry and Digital Economy ETF's (CRPT) 90.9% uptick over the past 52 weeks and 33.5% surge on a YTD basis. On Jul. 31, Coinbase Global reported weaker-than-expected Q2 results, triggering a 16.7% drop in its share price on the following day. Due to higher subscription and services revenue, the company's total revenue improved 3.3% year-over-year to $1.5 billion, but missed the consensus estimates. The shortfall can be attributed to a 2.1% decline in its transaction revenues. Moreover, despite the modest top-line rise, its adjusted EBITDA fell 14% from the year-ago quarter to $512.1 million, while its adjusted EPS of $0.12 decreased by a sharp 89.1%, missing analyst estimates by 89.9%. For the current fiscal year, ending in December, analysts expect COIN's EPS to decline 37.5% year over year to $4.75. The company's earnings surprise history is mixed. It exceeded the consensus estimates in three of the last four quarters, while missing on another occasion. Among the 31 analysts covering the stock, the consensus rating is a "Moderate Buy' which is based on 13 'Strong Buy,' one "Moderate Buy,' 14 'Hold,' and three 'Strong Sell' ratings. This configuration is less bullish than a month ago, with one analyst suggesting a 'Strong Sell' rating. On Aug. 8, Compass Point downgraded COIN to a "Sell" rating and lowered its price target to $248. The mean price target of $371.33 represents a 19.6% premium from COIN's current price levels, while the Street-high price target of $510 suggests an ambitious upside potential of 64.2%. On the date of publication, Neharika Jain 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
a day ago
- Business
- Yahoo
What Are Wall Street Analysts' Target Price for EQT Corporation Stock?
Pittsburgh, Pennsylvania-based EQT Corporation (EQT) produces, gathers, and transmits natural gas. Valued at a market cap of $32 billion, the company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers. It also provides marketing and contractual pipeline capacity management services. This energy company has considerably outpaced the broader market over the past 52 weeks. Shares of EQT have surged 65.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.1%. Moreover, the stock is up 11.7%, compared to SPX's 8.6% YTD rise. More News from Barchart Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Zooming in further, EQT's outperformance looks even more pronounced when compared to the SPDR S&P Oil & Gas Exploration & Production ETF's (XOP) 9.4% downtick over the past 52 weeks and 6.6% loss on a YTD basis. EQT delivered its Q2 results on Jul. 22. The company's overall revenue grew by a notable 168.5% year-over-year to $2.6 billion, with natural gas, natural gas liquids and oil sales increasing by 91.2%. Higher sales volume and increased average realized prices supported its top-line growth. Moreover, its adjusted EPS came in at $0.45, up from an adjusted loss of $0.08 recorded in the year-ago quarter and 2.3% above the consensus estimates. Despite this, its shares plunged 4.4% in the following trading session. For the current fiscal year, ending in December, analysts expect EQT's EPS to grow 105.6% year over year to $3.31. The company's earnings surprise history is promising. It topped the consensus estimates in each of the last four quarters. Among the 23 analysts covering the stock, the consensus rating is a "Strong Buy' which is based on 18 'Strong Buy,' one "Moderate Buy,' and four 'Hold' ratings. This configuration is more bullish than two months ago, with 15 analysts suggesting a 'Strong Buy' rating. On Aug. 2, Jefferies Financial Group Inc. (JEF) analyst Lloyd Byrne maintained a "Buy" rating on EQT and set a price target of $70, implying a 36.5% potential upside from the current levels. The mean price target of $64.39 represents a 25.5% premium from EQT's current price levels, while the Street-high price target of $75 suggests an ambitious upside potential of 46.2%. On the date of publication, Neharika Jain 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 Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Healthpeak Properties Stock: Analyst Estimates & Ratings
Denver, Colorado-based Healthpeak Properties, Inc. (DOC) is a fully integrated real estate investment trust (REIT). Valued at a market cap of $11.7 billion, the company owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. This healthcare REIT has considerably underperformed the broader market over the past 52 weeks. Shares of DOC have declined 20% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.1%. Moreover, on a YTD basis, the stock is down 16.2%, compared to SPX's 7.9% uptick. More News from Barchart Supermicro's Earnings Selloff Explained: Should You Buy SMCI Stock Now? Amazon's $36M Bet on Quantum Computing: What Investors Need to Know AMD Stock Slips After Q2 Earnings, But Here's Why It's a Buying Opportunity Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Narrowing the focus, DOC has also lagged behind the Real Estate Select Sector SPDR Fund's (XLRE) marginal loss over the past 52 weeks and 1.9% rise on a YTD basis. On Jul. 24, DOC released its Q2 results, and its shares tumbled 6.7% on the following day. The company's overall revenue declined marginally year-over-year to $694.3 million, missing consensus estimates by a slight margin. This revenue miss might have weighed on investor confidence. Meanwhile, its AFFO per share of $0.46 increased 2.2% from the year-ago quarter, meeting analyst estimates. Moreover, its total merger-combined same-store cash adjusted NOI grew 3.5% from the same period last year. For the current fiscal year, ending in December, analysts expect DOC's FFO to grow 2.2% year over year to $1.85 per share. The company's earnings surprise history is promising. It met or exceeded the consensus estimates in each of the last four quarters. Among the 18 analysts covering the stock, the consensus rating is a "Moderate Buy' which is based on 10 'Strong Buy,' two "Moderate Buy' and six 'Hold' ratings. This configuration is slightly less bullish than a month ago, with 11 analysts suggesting a 'Strong Buy' rating. On Aug. 1, RBC Capital analyst Michael Carroll maintained a "Buy" rating on DOC and set a price target of $21, implying a 24.6% potential upside from the current levels. The mean price target of $22.06 represents a 30.9% premium from DOC's current price levels, while the Street-high price target of $29 suggests an ambitious upside potential of 72.1%. On the date of publication, Neharika Jain 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
6 days ago
- Business
- Yahoo
What Are Wall Street Analysts' Target Price for NRG Energy Stock?
NRG Energy, Inc. (NRG) is a Houston, Texas-based integrated energy and consumer services company. Valued at a market cap of $33.6 billion, the company produces and sells electricity and also offers a range of home and energy services, including HVAC installation and repair, smart home solutions, energy efficiency tools, and protection plans. In addition to its core energy operations, the company is involved in trading power, natural gas, and related commodities. This utility company has significantly outperformed the broader market over the past 52 weeks. Shares of NRG have soared 149.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.5%. Further, on a YTD basis, the stock is up 90.6%, compared to SPX's 7.1% return. More News from Barchart Unusual Options Volume? Why Only BP Stock Passed the Quantitative Sniff Test Crude Prices Slide on a Possible Russian Air Truce with Ukraine Nat-Gas Prices Rebound as US Weather Forecasts Turn Hotter Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Zooming in further, NRG has also notably outpaced the Utilities Select Sector SPDR Fund's (XLU) 19.6% rise over the past 52 weeks and 14.1% uptick on a YTD basis. NRG released its Q2 results today, on Aug. 6. The company's revenue grew 1.2% year-over-year to $6.7 billion. Meanwhile, on the earnings front, its adjusted EPS of $1.73 increased 1.8% from the year-ago quarter. Looking ahead, NRG expects its fiscal 2025 adjusted EPS to be in the range of $6.75 to $7.75. For the current fiscal year, ending in December, analysts expect NRG's EPS to grow 17.6% year over year to $7.81. The company's earnings surprise history is mixed. It surpassed the consensus estimates in three of the last four quarters, while missing on another occasion. Among the 11 analysts covering the stock, the consensus rating is a "Strong Buy' which is based on eight 'Strong Buy,' and three 'Hold' ratings. The configuration is more bullish than two months ago, with an overall "Moderate Buy' rating, consisting of seven analysts suggesting a 'Strong Buy.' On Jul. 21, Barclays PLC (BCS) analyst Nicholas Campanella maintained a "Buy" rating on NRG and set a price target of $197, indicating a 14.6% potential upside from the current levels. The mean price target of $174.80 represents a 1.7% premium from NRG's current price levels, while the Street-high price target of $200 suggests an upside potential of 16.3%. On the date of publication, Neharika Jain 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 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
31-07-2025
- Business
- Yahoo
Coca-Cola Stock Outlook: Is Wall Street Bullish or Bearish?
Atlanta, Georgia-based The Coca-Cola Company (KO) is a global beverage leader with a market cap of $295.9 billion. It manufactures and sells a wide range of non-alcoholic beverages, including sparkling soft drinks, flavored waters, sports drinks, coffees, teas, juices, value-added dairy products, plant-based beverages, and more. This beverage giant has lagged behind the broader market over the past 52 weeks. Shares of KO have gained 1.1% over this time frame, while the broader S&P 500 Index ($SPX) has surged 17%. Nonetheless, on a YTD basis, the stock is up 9.9%, outpacing SPX's 8.2.% return. More News from Barchart Morgan Stanley Says Nvidia Has 'Exceptional' Strength. Should You Buy NVDA Stock Here? Dear MicroStrategy Stock Fans, Mark Your Calendars for July 31 2 Growth Stocks Wall Street Predicts Will Soar 74% to 159% Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Zooming in further, Coca-Cola has outperformed the First Trust Nasdaq Food & Beverage ETF's (FTXG) 7.6% downtick over the past 52 weeks and 2.4% loss on a YTD basis. On Jul. 22, KO's shares observed a marginal dip after its Q2 earnings release. The company's revenue increased 1.4% year-over-year to $12.5 billion, primarily due to pricing actions in the marketplace and a favorable product mix. Moreover, expansion in both its adjusted gross and operating margins contributed to a 3.6% annual rise in its adjusted EPS to $0.87, which topped the consensus estimates by 4.8%. However, its overall unit case volumes declined from the year-ago quarter, as growth in Central Asia, Argentina, and China was more than offset by declines in Mexico, India, and Thailand, which may have lowered investor confidence. For the current fiscal year, ending in December, analysts expect KO's EPS to grow 3.5% year over year to $2.98. The company's earnings surprise history is promising. It exceeded the consensus estimates in each of the last four quarters. Among the 23 analysts covering the stock, the consensus rating is a 'Strong Buy' which is based on 20 'Strong Buy,' two "Moderate Buy,' and one 'Hold' rating. The configuration has remained consistent over the past three months. On Jul. 29, Robert Moskow from TD Cowen maintained a 'Buy' rating on KO, with a price target of $82, indicating a 19.3% potential upside from the current levels. The mean price target of $80 represents a 16.4% premium from KO's current price levels, while the Street-high price target of $85 suggests an upside potential of 23.6%. On the date of publication, Neharika Jain 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
