Latest news with #SachinMittal
Business Insider
21-05-2025
- Business
- Business Insider
Trip.com Group Ltd. (9961) Receives a Rating Update from a Top Analyst
DBS analyst Sachin Mittal maintained a Buy rating on Group Ltd. (9961 – Research Report) today and set a price target of HK$646.00. The company's shares closed yesterday at HK$505.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mittal is a top 100 analyst with an average return of 22.4% and a 75.38% success rate. Mittal covers the Technology sector, focusing on stocks such as Cognizant, Infosys, and Accenture. Currently, the analyst consensus on Group Ltd. is a Strong Buy with an average price target of HK$603.75. 9961 market cap is currently HK$340.8B and has a P/E ratio of 18.83.
Business Insider
19-05-2025
- Business
- Business Insider
Alibaba Group Holding Ltd. (9988) Receives a Rating Update from a Top Analyst
In a report released today, Sachin Mittal from DBS maintained a Buy rating on Alibaba Group Holding Ltd. (9988 – Research Report), with a price target of HK$156.00. The company's shares closed last Friday at HK$123.40. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mittal is a top 100 analyst with an average return of 22.4% and a 75.38% success rate. Mittal covers the Technology sector, focusing on stocks such as Cognizant, Infosys, and Accenture. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alibaba Group Holding Ltd. with a HK$164.76 average price target, a 33.52% upside from current levels. In a report released on May 16, Macquarie also maintained a Buy rating on the stock with a HK$182.30 price target. The company has a one-year high of HK$145.90 and a one-year low of HK$69.80. Currently, Alibaba Group Holding Ltd. has an average volume of 138.7M.
Yahoo
06-05-2025
- Business
- Yahoo
User Engagement & AI Fuel Blockbuster Q1 Results for META Platforms Stock
I've been pounding the table on Meta Platforms (META) for years, writing several articles about why it's a screaming buy. Following the stock's steep sell-off last month as tariff-driven fears overwhelmed the market, I took advantage of the situation and continued adding to my long META position. Protect Your Portfolio Against Market Uncertainty Meta Platforms (META) price history over the past twelve months Buying the dip was a great idea, as the social media giant's Q1 earnings blew the doors off expectations last week, forcing analysts to scramble and reprice the stock. Yet, the core story hasn't changed: Meta's growth is relentless, and its shares are ultra cheap compared to recent quarters. Earlier today, DBS analyst Sachin Mittal maintained his bullish stance on META reiterating a Buy rating with a lowered price target of $608 per share. In a research note, Mittal said that Meta Platforms' strong financial performance and strategic initiatives are the reasons for sustained upside, with AI being the single largest driver of current revenues and future expectations. Importantly, Mittal pointed that 'successful monetization efforts, particularly with its Reels feature, which has seen a substantial increase in user engagement and monetization.' Sustained Excellence Fuels Revenue Surge Meta's Q1 was a masterclass in execution, with revenue surpassing $42.3 billion, up 16% year-over-year, smashing estimates by nearly $1 billion. The company's Family Daily Active People (DAP) climbed to 3.43 billion, a 6% jump, reflecting sticky user engagement across Facebook, Instagram, and WhatsApp. This, paired with AI-driven content recommendations, boosted ad impressions by 5%, while average ad prices rose 10%. Meta Platforms Forecast EPS vs Actual EPS Management credited AI tools like the Advantage+ suite for sharpening ad targeting, supporting higher returns for advertisers, and fueling engagement. For context, Instagram Reels alone saw 20% year-over-year growth. Meta AI, now with nearly 1 billion monthly active users, is weaving personalized experiences that keep users hooked, directly lifting these metrics. It would seem Meta's heavy investment in AI infrastructure and models like Llama is the company's 'secret sauce', since they optimize everything from content curation to ad delivery. CFO Susan Li noted on the earnings call that these tools are 'unlocking new levels of efficiency and engagement,' particularly in short-form video and messaging. So the game has shifted from just growing the user base to employing more intelligent systems, making every interaction more valuable, and, in turn, pushing revenue to new heights.
Business Insider
27-04-2025
- Business
- Business Insider
Alphabet Class A (GOOGL) Receives a Buy from DBS
DBS analyst Sachin Mittal maintained a Buy rating on Alphabet Class A (GOOGL – Research Report) on April 25 and set a price target of $205.00. The company's shares closed last Friday at $161.96. 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. According to TipRanks, Mittal is a 5-star analyst with an average return of 17.6% and a 64.40% success rate. Mittal covers the Technology sector, focusing on stocks such as Cognizant, Infosys, and Accenture. In addition to DBS, Alphabet Class A also received a Buy from Piper Sandler's Thomas Champion in a report issued on April 25. However, on the same day, Wells Fargo maintained a Hold rating on Alphabet Class A (NASDAQ: GOOGL).
