Latest news with #SaiyiHe
Yahoo
2 days ago
- Business
- Yahoo
CMB International Securities Raised the Firm's PT on Meta Platforms (META)
Meta Platforms, Inc. (NASDAQ:META) is one of the Good Stocks to Invest in Now. On August 1, Saiyi He from CMB International Securities raised the firm's price target on Meta Platforms, Inc. (NASDAQ:META) from $760 to $860, while maintaining a Buy rating on the stock. The analyst noted that the company's Q2 revenue grew by 22% year-over-year, driven by AI-enhanced ad impressions and pricing. Moreover, the net income grew by 36%, which was well above expectations. Saiyi noted that the management is expecting continued revenue growth in the third quarter as well, beating the market expectations. A team of developers working in unison to create the company's messaging application. The analyst highlighted that AI advancements are central to Meta Platforms, Inc.'s (NASDAQ:META) business. The company has improved AI-powered ad recommendation models, leading to better ad conversions on Facebook and Instagram. It is also investing in AI talent and infrastructure, which Saiyi believes will help the company maintain its AI leading position. Meta Platforms, Inc. (NASDAQ:META) is a tech company that connects people through social media and immersive experiences. While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
CMB International Securities Maintains Buy Rating on ServiceNow (NOW) Stock
ServiceNow, Inc. (NYSE:NOW) is one of the Best Cloud Computing Stocks to Invest in Now. Analyst Saiyi He from CMB International Securities maintained a 'Buy' rating on the company's stock and has a price objective of $1,175.00. The analyst's rating is backed by a combination of factors, such as ServiceNow, Inc. (NYSE:NOW)'s healthy financial performance and strategic positioning. The company posted a strong increase in its revenue and operating income for Q2 2025, exceeding the market expectations. A team of software engineers at desks working on code for a cutting-edge cloud computing solution. As per the analyst, this growth was mainly due to the AI-enhanced efficiencies and strategic marketing timing, resulting in a strong increase in subscription revenue and contract renewals. ServiceNow, Inc. (NYSE:NOW) posted total revenues of $3,215 million in Q2 2025, reflecting YoY growth of 22.5%. Also, ServiceNow, Inc. (NYSE:NOW)'s healthy demand for its AI solutions, despite the macroeconomic concerns, underscores the potential for continued growth, added He. Its AI-driven products saw significant adoption, with a healthy increase in deal counts and customer usage. ServiceNow, Inc. (NYSE:NOW) launched the ServiceNow Protected Platform Singapore (SPP-SG), which is a new secure, regulatory-compliant cloud platform. This will accelerate AI innovation and strengthen data security for the Singapore government and regulated sectors. ClearBridge Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said: 'The Strategy's select growth exposure increased during the quarter due to the strong performance of the higher-beta stocks in this growth bucket as well as the purchase of ServiceNow, Inc. (NYSE:NOW). The company provides an end-to-end software-as-a-service (SaaS) platform to help enterprise customers automate and standardize business processes in areas like IT, customer services, sales and data security. ServiceNow also has a monetizable generative AI product being adopted by its customers. We have liked the business for a long time and took advantage of the April selloff to establish a position.' ServiceNow, Inc. (NYSE:NOW) is a critical player in the broader cloud computing space, which provides a platform for automation of digital workflows throughout IT, customer, employee, and business operations. While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
CMB International Securities Maintains a Buy Rating on Alibaba (BABA), Lowers PT
On May 19, Saiyi He, an analyst from CMB International Securities, maintained a Buy rating on Alibaba Group Holding Limited (NYSE:BABA) and lowered the associated price target to $155.50 from $157. The rating came after the company's strong March quarter fiscal 2025, as it delivered a 7% revenue growth and a notable EBITA growth of 36%. Christopher Penler / The analyst attributed this growth to improved profitability across the company's business segments, especially in the Taobao and Tmall Groups, where customer management revenue rose 12% in the quarter. Alibaba Group Holding Limited's (NYSE:BABA) solid performance is anticipated to continue in the next fiscal quarter, supported by higher take rates and healthy GMV growth. The analyst also supported the Buy rating with promising revenue growth in the company's Cloud Intelligence Group, and anticipates further acceleration with a rise in digitalization demand. Quarterly revenue growth in the Cloud Intelligence Group accelerated to 18%, while AI-related product revenue attained triple-digit growth for the seventh consecutive quarter. Saiyi He sees Alibaba Group Holding Limited's (NYSE:BABA) ongoing investments in R&D and technology as a strong base for long-term growth in the cloud sector. While we acknowledge the potential of BABA 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 BABA and that has 100x upside potential, check out our report about the . 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
22-05-2025
- Business
- Yahoo
CMB International Securities Maintains a Buy Rating on Alibaba (BABA), Lowers PT
On May 19, Saiyi He, an analyst from CMB International Securities, maintained a Buy rating on Alibaba Group Holding Limited (NYSE:BABA) and lowered the associated price target to $155.50 from $157. The rating came after the company's strong March quarter fiscal 2025, as it delivered a 7% revenue growth and a notable EBITA growth of 36%. Christopher Penler / The analyst attributed this growth to improved profitability across the company's business segments, especially in the Taobao and Tmall Groups, where customer management revenue rose 12% in the quarter. Alibaba Group Holding Limited's (NYSE:BABA) solid performance is anticipated to continue in the next fiscal quarter, supported by higher take rates and healthy GMV growth. The analyst also supported the Buy rating with promising revenue growth in the company's Cloud Intelligence Group, and anticipates further acceleration with a rise in digitalization demand. Quarterly revenue growth in the Cloud Intelligence Group accelerated to 18%, while AI-related product revenue attained triple-digit growth for the seventh consecutive quarter. Saiyi He sees Alibaba Group Holding Limited's (NYSE:BABA) ongoing investments in R&D and technology as a strong base for long-term growth in the cloud sector. While we acknowledge the potential of BABA 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 BABA and that has 100x upside potential, check out our report about the . 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
