Latest news with #PatrickWalravens
Yahoo
26-05-2025
- Business
- Yahoo
JMP Securities Maintains Market Perform Rating on SAP SE (SAP) Stock
On Friday, May 23, JMP Securities analyst Patrick Walravens reiterated a 'Market Outperform' rating on SAP SE (NYSE:SAP) with a steady $330 price target. The analyst pointed out that the stock is currently trading at a 2026 estimated enterprise value (EV) to revenue multiple of 7.5 times, and a 2026 estimated EV to free cash flow (FCF) multiple of 32 times. Walravens' price target of $330 indicates that SAP SE (NYSE:SAP) could be valued at an EV/revenue multiple of 8.3 times and a 2026 EV/FCF multiple of 35 times, which represents a premium of about 10% over the median multiple of SAP SE's (NYSE:SAP) peers. A data centre room with cloud technology, illustrating the enterprise application software services. According to the analyst, the premium is justified as the company has a large core market, strong backlog growth, and a solid leadership team. Walravens also described a hypothetical scenario where SAP SE's (NYSE:SAP) stock could rise even higher. If the market valued SAP at 40 times its estimated 2026 cash flow, as forecasted by JMP Securities, the stock price could reach about $375. This hypothetical example shows the potential for SAP SE (NYSE:SAP) to grow if its financial performance can meet or exceed expectations. SAP SE (NYSE:SAP) is a German multinational software company with a leading position in enterprise applications and business AI. The company is one of the world's largest providers of enterprise resource planning software. While we acknowledge the potential of SAP 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 AI stock that is more promising than SAP and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
JMP Securities Maintains Market Perform Rating on SAP SE (SAP) Stock
On Friday, May 23, JMP Securities analyst Patrick Walravens reiterated a 'Market Outperform' rating on SAP SE (NYSE:SAP) with a steady $330 price target. The analyst pointed out that the stock is currently trading at a 2026 estimated enterprise value (EV) to revenue multiple of 7.5 times, and a 2026 estimated EV to free cash flow (FCF) multiple of 32 times. Walravens' price target of $330 indicates that SAP SE (NYSE:SAP) could be valued at an EV/revenue multiple of 8.3 times and a 2026 EV/FCF multiple of 35 times, which represents a premium of about 10% over the median multiple of SAP SE's (NYSE:SAP) peers. A data centre room with cloud technology, illustrating the enterprise application software services. According to the analyst, the premium is justified as the company has a large core market, strong backlog growth, and a solid leadership team. Walravens also described a hypothetical scenario where SAP SE's (NYSE:SAP) stock could rise even higher. If the market valued SAP at 40 times its estimated 2026 cash flow, as forecasted by JMP Securities, the stock price could reach about $375. This hypothetical example shows the potential for SAP SE (NYSE:SAP) to grow if its financial performance can meet or exceed expectations. SAP SE (NYSE:SAP) is a German multinational software company with a leading position in enterprise applications and business AI. The company is one of the world's largest providers of enterprise resource planning software. While we acknowledge the potential of SAP 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 AI stock that is more promising than SAP and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. 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
21-05-2025
- Business
- Yahoo
Citizens JMP Reiterates Market Perform Rating on NICE Ltd. (NICE)
On May 16, Patrick Walravens from Citizens JMP maintained a Market Perform rating on NICE Ltd. (NASDAQ:NICE) with a price target of $300, following the positive earnings during Q1 FY2025. The company posted revenue of $700.13 million, up 6% year-over-year, and earnings per share were logged at $2.87, both in line with analyst estimates. Walravens remains positive about NICE as the company's cloud revenue soared 12% year-over-year, driven by its growing AI offering, particularly the CXone Mpower platform. A financial analyst working away on her laptop surrounded by financial reports and charts. NICE CEO Scott Russell, mentioned that the company experienced a 39% increase in AI and self-service revenue in Q1. This shows NICE's robust development and alignment with market trends towards automation and AI-driven customer service solutions. NICE Ltd. has raised its full-year 2025 earnings guidance and expects it to be in the range of $12.28 and $12.48. For the second quarter of 2025, the company expects revenue between $709 million and $719 million, indicating a 7% growth from a year ago. NICE Ltd. (NASDAQ:NICE), along with its subsidiaries, provides cloud platforms for AI-driven business solutions. It integrates AI and ML in its core offerings, such as customer experience, workforce optimization solutions, and contact centers. While we acknowledge the potential of NICE to grow, 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 NICE and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None.
Yahoo
21-05-2025
- Business
- Yahoo
Citizens JMP Reiterates Market Perform Rating on NICE Ltd. (NICE)
On May 16, Patrick Walravens from Citizens JMP maintained a Market Perform rating on NICE Ltd. (NASDAQ:NICE) with a price target of $300, following the positive earnings during Q1 FY2025. The company posted revenue of $700.13 million, up 6% year-over-year, and earnings per share were logged at $2.87, both in line with analyst estimates. Walravens remains positive about NICE as the company's cloud revenue soared 12% year-over-year, driven by its growing AI offering, particularly the CXone Mpower platform. A financial analyst working away on her laptop surrounded by financial reports and charts. NICE CEO Scott Russell, mentioned that the company experienced a 39% increase in AI and self-service revenue in Q1. This shows NICE's robust development and alignment with market trends towards automation and AI-driven customer service solutions. NICE Ltd. has raised its full-year 2025 earnings guidance and expects it to be in the range of $12.28 and $12.48. For the second quarter of 2025, the company expects revenue between $709 million and $719 million, indicating a 7% growth from a year ago. NICE Ltd. (NASDAQ:NICE), along with its subsidiaries, provides cloud platforms for AI-driven business solutions. It integrates AI and ML in its core offerings, such as customer experience, workforce optimization solutions, and contact centers. While we acknowledge the potential of NICE to grow, 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 NICE and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . 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
04-05-2025
- Business
- Yahoo
Prediction: 2 Stocks Will Be Worth More Than Palantir Technologies in 2026
Palantir is currently worth $269 billion, but certain Wall Street analysts think Intuitive Surgical and ServiceNow can top that figure in 2026. ServiceNow is a leader in IT service management and IT operations software, and recently released AI products are driving revenue growth. Intuitive Surgical is a technology leader in robotics-assisted surgical systems, and it recently won new approvals from the FDA. Palantir Technologies is currently worth $269 billion. But these Wall Street analysts think Intuitive Surgical (NASDAQ: ISRG) and ServiceNow (NYSE: NOW) can top that figure in 2026: Patrick Wood at Morgan Stanley has set Intuitive Surgical with a bull-case target price of $850 per share. That implies 64% upside from its current share price of $517. It also implies a market value of $304 billion. Patrick Walravens at JMP Securities has set ServiceNow at a target price of $1,300 per share. That implies 36% upside from its current share price of $955. It also implies a market value of $270 billion. Here's what investors should know about these stocks. 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 » Intuitive Surgical is the leader in robotics-assisted surgery. It is best known for its da Vinci systems, which let surgeons perform minimally invasive procedures with greater precision in five areas: General surgery Urologic surgery Gynecologic surgery Cardiothoracic surgery Head and neck surgery The company also provides Ion systems for minimally invasive lung biopsies. Importantly, Intuitive has a razor-and-blade business model. Surgical and diagnostic systems are the razors; they represent significant but infrequent expenses for healthcare facilities. And the adjacent instruments and accessories are the blades; they include consumable tools like scalpels and forceps that must be replaced with each procedure. The razor-and-blade model creates a steady revenue stream. Intuitive Surgical reported strong first-quarter financial results that beat estimates on the top and bottom lines. Revenue rose 19% to $2.2 billion on strong growth in da Vinci procedures and system placements. Meanwhile, non-GAAP (generally accepted accounting principles) earnings rose 21% to $1.50 per diluted share. Intuitive is well positioned to keep its momentum. Recently, the company won approvals from the Food and Drug Administration that let da Vinci systems perform more colorectal surgical procedures. In a note to clients, Morgan Stanley analyst Patrick Wood said the total addressable market is "larger than investors might appreciate." So, the new approval could lead to faster-than-expected growth in the coming quarters. Wall Street says adjusted earnings will increase 10% annually through 2026, but analysts have often missed the mark. Intuitive Surgical beat the consensus estimate by an average of 14% in the last four quarters. If earnings grow at 28% annually -- equal to growth in 2024 -- through the third quarter of 2026, its market value could reach $270 billion without any change in the price-to-earnings (P/E) ratio. However, Intuitive shares currently trade at 68 times earnings, an expensive valuation for a company forecast to grow earnings at 10% annually. So, my prediction is admittedly a long shot. The company would need a series of very strong financial results to top Palantir's current market value in 2026, and the bull-case target set by Morgan Stanley seems unlikely. Regardless, patient investors should consider buying a small position in this robotics stock today. ServiceNow provides workflow management software that helps businesses organize and digitize processes across departments. Its core competency is IT software. It is the market leader in IT service management and artificial intelligence (AI) for IT operations software. Importantly, the company added generative AI features called Now Assist in 2023, and agentic AI capabilities in 2025. ServiceNow reported solid financial results in the first quarter, beating estimates on the top and bottom lines. Revenue increased 18% to $3 billion, and non-GAAP net income increased 18% to $4.04 per diluted share. "ServiceNow's position as the platinum standard for enterprise-grade AI drove these outstanding first-quarter results," CEO Bill McDermott told analysts. "The software industrial complex is converging on ServiceNow as the AI operating system for the enterprise." Wall Street expects ServiceNow's adjusted earnings to grow at 19% annually through 2026, but the company beat the consensus estimate by an average of 7% over the last six quarters. If that trend persists through the third quarter of 2026, trailing-12-month earnings would hit $20.10 per share. If ServiceNow keeps its current valuation of 66 times earnings, its share price would hit $1,325, implying 39% upside from the current price. In that scenario, ServiceNow would hit a market value of $275 billion after reporting third-quarter financial results in 2026, more than Palantir is worth today. However, the current valuation is expensive for a company forecast to grow earnings at 19% annually, which means ServiceNow needs flawless execution to hit that mark. Before you buy stock in Intuitive Surgical, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Intuitive Surgical 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 $611,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $684,068!* Now, it's worth noting Stock Advisor's total average return is 889% — a market-crushing outperformance compared to 162% 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 Trevor Jennewine has positions in Palantir Technologies. The Motley Fool has positions in and recommends Intuitive Surgical, Palantir Technologies, and ServiceNow. The Motley Fool has a disclosure policy. Prediction: 2 Stocks Will Be Worth More Than Palantir Technologies in 2026 was originally published by The Motley Fool
