Latest news with #Rosenblatt
CNBC
a day ago
- Business
- CNBC
Apple unveils 'liquid glass' technology and other new features
CNBC's Steve Kovach, Rosenblatt's Barton Crockett and Deepwater Asset's Gene Munster, join 'The Exchange' to discuss the takeaways from Apple's WWDC event.
CNBC
a day ago
- Business
- CNBC
The bar for Apple's WWDC is so low, says Deepwater's Gene Munster
Rosenblatt's Barton Crockett and Deepwater Asset's Gene Munster, join 'The Exchange' to discuss Apple as CEO Tim Cook takes the stage at it's annual WWDC event.
Yahoo
4 days ago
- Business
- Yahoo
Rosenblatt Raises Lumentum (LITE) Price Target, Keeps Buy Rating
On Wednesday, June 4, Rosenblatt analysts raised the price target on Lumentum Holdings Inc. (NASDAQ:LITE) from $94 to $105 and reiterated a 'Buy' rating. The increased price target reflects better gross margins in Lumentum Holdings Inc.'s (NASDAQ:LITE) 800G transceiver segment, driven by vertical integration and the launch of new products. A close-up of a technician calibrating a laser beam. Rosenblatt analysts have a positive outlook for the company's financial performance in the future. The analysts increased the firm's earnings per share estimates for Lumentum Holdings Inc. (NASDAQ:LITE). For fiscal year 2025, they now forecast EPS of $1.98, up from the previous $1.91. For fiscal year 2026, the firm's estimate has been raised to $4.18 per share, up from $3.76. Lumentum Holdings Inc. (NASDAQ:LITE) designs and manufactures innovative optical and photonic products enabling cloud, optical networking, and laser applications. The company specializes in delivering critical optical solutions that enable high-speed, data-intensive connectivity in the modern era of AI/ML. While we acknowledge the potential of LITE 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 best short-term 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
5 days ago
- Business
- Yahoo
CrowdStrike (CRWD) Price Target Raised to $515 as AI Cybersecurity Demand Soars
We recently published a list of . In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other AI stocks on Wall Street's radar. On June 2nd, Rosenblatt analyst Catherine Trebnick raised the price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $515.00 (from $450.00) while maintaining a 'Buy' rating. The price target revision reflects the firm's optimism about Crowdstrike's future financial outlook. According to the analysts, the growing trend toward IT consolidation is improving Crowdstrike's performance. Annual recurring revenue (ARR) and revenue growth are anticipated to align with market estimates, projecting a 21% and 20% increase, respectively. The firm further noted how businesses, despite being careful with spending, are choosing Crowdstrike for its comprehensive AI-powered security solutions. Security personnel at their consoles, monitoring a global network of threats in real-time. Crowdstrike's Q1 report is anticipated today, June 3rd, with analysts estimating an 'inline to marginally better quarter, fueled by the persistent IT consolidation trend.' The firm also noted how its increased target multiple on the shares is backed by the 31% expansion in cybersecurity sector multiples over the past two months, as well as optimism in Crowdstrike's 'strong execution and broad platform tailored to the key IT consolidation trend.' CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
29-05-2025
- Business
- Yahoo
NVIDIA Announces Upcoming Events for Financial Community
SANTA CLARA, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- NVIDIA will present at the following events for the financial community: BofA Securities 2025 Global Technology ConferenceWednesday, June 4, 7:50 a.m. Pacific time Nasdaq Investor Conference in Partnership with JefferiesTuesday, June 10, 1:00 a.m. Pacific time Rosenblatt's 5th Annual Technology Summit: The Age of AITuesday, June 10, 7:00 a.m. Pacific time Interested parties can listen to the live audio webcast of NVIDIA financial presentations at Webcast replays are available for 90 days afterward. About NVIDIANVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing. For further information, contact: NVIDIA Investor Relationsir@ NVIDIA Corporate Communicationspress@ © 2025 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other 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
