Latest news with #SimonLeopold
Bloomberg
5 days ago
- Business
- Bloomberg
Bank of America Lowers Treasury Yields Outlook
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Bank of America Securities Head of US Rates Strategy Mark Cubana, McLarty Associates Senior Managing Director of Trade Practice and McLarty Inbound Kate Kalutkiewicz, Raymond James and Associates Managing Director of Equity Research Simon Leopold. (Source: Bloomberg)
Business Insider
11-07-2025
- Business
- Business Insider
Hewlett Packard Enterprise (HPE): New Buy Recommendation for This Technology Giant
Raymond James analyst Simon Leopold reiterated a Buy rating on Hewlett Packard Enterprise today and set a price target of $29.00. The company's shares closed today at $21.29. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Leopold is a 5-star analyst with an average return of 10.0% and a 58.96% success rate. Leopold covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Cisco Systems, and Applied Optoelectronics. In addition to Raymond James, Hewlett Packard Enterprise also received a Buy from Barclays's Tim Long in a report issued on July 3. However, on the same day, Wells Fargo maintained a Hold rating on Hewlett Packard Enterprise (NYSE: HPE). Based on Hewlett Packard Enterprise's latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $7.63 billion and a GAAP net loss of $1.08 billion. In comparison, last year the company earned a revenue of $7.18 billion and had a net profit of $314 million Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HPE in relation to earlier this year. Last month, Jeremy Cox, the SVP, Controller & CTO of HPE sold 68,590.00 shares for a total of $1,264,113.70.
Business Insider
06-07-2025
- Business
- Business Insider
Super Micro Stock (SMCI) Jumps About 60% — Is This the Next Nvidia?
Super Micro Computer (SMCI) has been one of 2025's standout gainers, with its stock surging nearly 60% year-to-date as AI-optimized server demand soars. While SMCI doesn't design chips like Nvidia (NVDA), it builds the powerful server systems that house and run those chips, making it a key player in the AI infrastructure boom. In that sense, SMCI isn't aiming to replace Nvidia, but its rapid growth, key role in AI systems, and rising investor interest are making it a major force in the AI world. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. AI Server Demand Is Heating Up SMCI's fiscal 2024 revenue surged 110% year-over-year to $14.9 billion, driven by record demand for AI workloads. Its Q2 FY25 server and storage segment then grew another 19% year-over-year. This growth reflects widespread deployments of its hardware in data centers globally. The company continues to benefit from its close ties with Nvidia and other chipmakers, allowing it to quickly deliver custom AI server solutions. SMCI also said it expects demand to stay strong through the rest of the year as more customers adopt new GPU architectures. SMCI Stock Movement and Analyst Updates SMCI shares are up about 47% over the past three months, though still down roughly 46% from last year, weighed by trade tensions and tariff concerns. The stock also dropped 18% in April after the company lowered its Q3 revenue guidance, citing delayed customer orders ahead of Nvidia's next-gen chip rollout. Still, analysts remain divided on the stock's future. Some see strong upside tied to AI infrastructure momentum, while others flag near-term risks. Five-star Mizuho Securities analyst Vijay Rakesh raised his price target to $47 from $40 but reiterated his Hold rating, pointing to steady AI server demand and the recently announced $20 billion partnership with Saudi Arabia's DataVolt. Meanwhile, Raymond James five-star analyst Simon Leopold initiated coverage with a Buy rating and a $41 target, noting SMCI captured 9% of the $145 billion AI platform market. That said, other analysts, including Citi and Barclays, warn of margin pressure and demand fluctuations going ahead. Is SMCI Stock a Buy? Super Micro Computer stock has a consensus Hold rating among 12 Wall Street analysts. That rating is based on six Buy, five Hold, and one Sell recommendations issued in the last three months. The average SMCI price target of $41.42 implies 14.70% downside from current levels.
Yahoo
30-05-2025
- Business
- Yahoo
Raymond James Lifts Coherent Corp. (COHR)'s Stock Price Target to $96, Maintains Strong Buy Rating
Raymond James analyst Simon Leopold on Wednesday raised Coherent Corp. (NYSE:COHR)'s stock price target to $96 from $91, while maintaining the Strong Buy rating for its shares. The revision followed Coherent Corp. (NYSE:COHR)'s Analyst and Investor Day earlier in the day, in which the company shared its long-term growth targets that surpassed both Raymond James' and the broader market's expectations. A row of precision industrial lasers in action, cutting the most intricate of shapes. Coherent Corp. (NYSE:COHR)'s management outlined its goals, such as aiming for a gross margin greater than 42% and an operating margin above 24%, indicating that by 2028, the company could achieve an EPS of around $8-9, which will be a substantial increase from forecasts of under $4 in fiscal 2025. Considering these ambitious targets, Raymond James lifted the stock's target price to account for the anticipated gross margin expansion and growth in the industrial laser sector. Moreover, on May 7, Coherent Corp. (NYSE: COHR) reported impressive results for the third quarter of fiscal 2025, with revenue increasing 24% year-over-year to $1.5 billion, driven by strong demand for AI-related data centers. Earnings per share were posted at $0.91, beating estimates by five cents. While we acknowledge the potential of COHR 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 COHR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. Disclosure: None.
Yahoo
29-05-2025
- Business
- Yahoo
Raymond James Lifts Coherent Corp. (COHR)'s Stock Price Target to $96, Maintains Strong Buy Rating
Raymond James analyst Simon Leopold on Wednesday raised Coherent Corp. (NYSE:COHR)'s stock price target to $96 from $91, while maintaining the Strong Buy rating for its shares. The revision followed Coherent Corp. (NYSE:COHR)'s Analyst and Investor Day earlier in the day, in which the company shared its long-term growth targets that surpassed both Raymond James' and the broader market's expectations. A row of precision industrial lasers in action, cutting the most intricate of shapes. Coherent Corp. (NYSE:COHR)'s management outlined its goals, such as aiming for a gross margin greater than 42% and an operating margin above 24%, indicating that by 2028, the company could achieve an EPS of around $8-9, which will be a substantial increase from forecasts of under $4 in fiscal 2025. Considering these ambitious targets, Raymond James lifted the stock's target price to account for the anticipated gross margin expansion and growth in the industrial laser sector. Moreover, on May 7, Coherent Corp. (NYSE: COHR) reported impressive results for the third quarter of fiscal 2025, with revenue increasing 24% year-over-year to $1.5 billion, driven by strong demand for AI-related data centers. Earnings per share were posted at $0.91, beating estimates by five cents. While we acknowledge the potential of COHR 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 COHR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. 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
