Latest news with #Thill
Business Insider
3 days ago
- Business
- Business Insider
Jefferies Sticks to Its Buy Rating for Elastic (ESTC)
In a report released yesterday, Brent Thill from Jefferies maintained a Buy rating on Elastic (ESTC – Research Report), with a price target of $110.00. The company's shares closed yesterday at $92.03. Confident Investing Starts Here: According to TipRanks, Thill is a 5-star analyst with an average return of 13.6% and a 66.53% success rate. Thill covers the Technology sector, focusing on stocks such as Adobe, Intuit, and Microsoft. Currently, the analyst consensus on Elastic is a Moderate Buy with an average price target of $119.86, which is a 30.24% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $115.00 price target. ESTC market cap is currently $9.69B and has a P/E ratio of -71.20. Based on the recent corporate insider activity of 56 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 ESTC in relation to earlier this year. Most recently, in March 2025, Carolyn Herzog, the CLO of ESTC sold 4,500.00 shares for a total of $440,415.00.
Yahoo
6 days ago
- Business
- Yahoo
Jefferies Names Microsoft (MSFT) Its Top AI Pick After 'Build 2025'
Jefferies' top tech analyst, Brent Thill, has named Microsoft Corp. (NASDAQ: MSFT) his 'top AI pick' following the company's annual developer conference, Build 2025, held in Seattle last week. In a research note on May 23, Thill reaffirmed his Buy rating on the stock and maintained a price target of $550, highlighting Microsoft's strategic focus on artificial intelligence as a key driver of future growth. Asif Islam / Thill described Microsoft Corp. (NASDAQ: MSFT) evolving into a comprehensive AI platform, positioning it to lead in the fast-moving AI landscape. He emphasized the company's growing momentum in AI services and infrastructure, noting a strong reception from the developer community. One of the standout themes from Build 2025 was Copilot, Microsoft's AI assistant, which Thill said had made meaningful progress over the past three to six months. Developers were particularly enthusiastic about its enhanced capabilities and the ease with which it can integrate next-generation reasoning models. Thill also noted that the updated Copilot now features advanced research tools, which he believes will help close the functionality gap with OpenAI's Deep Research, further strengthening Microsoft's competitive edge in enterprise AI solutions. With continued innovation and broad developer support, Microsoft remains a major force in shaping the future of artificial intelligence, according to Jefferies. While we acknowledge the potential of MSFT 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 MSFT and that has 100x upside potential, check out our report about this . Read More: 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
19-05-2025
- Business
- Yahoo
Adobe (ADBE) Stock Rises As Analysts Back Price Hike Move
Adobe Inc. (NASDAQ:ADBE) shares rose 3% on May 16 after analyst firm Jefferies maintained its Buy rating for the company's stock with a $590 price target. Following the announcement of a price increase for its Creative Cloud All Apps plans, which will take effect on June 17 or upon subscription renewal, analyst Brent Thill expressed confidence in Adobe's financial outlook. Copyright: photogearch / 123RF Stock Photo Leading software development company Adobe Inc. (NASDAQ:ADBE) is renowned for its state-of-the-art digital media solutions. Its primary products, which include Creative Cloud, are essential tools for the creative industries and companies worldwide. Following sneak peeks of Creative Cloud updates at Adobe's MAX analyst day last fall, several market analysts say the new tiers should not come as a shock. More importantly, the change is expected to support Adobe's revenue forecast for fiscal year 2025, which predicts a growth rate of 8.9% at the halfway point, compared to 10.8% growth in fiscal year 2024. Thill stated that the company's revenue projections now seem conservative due to the price increase, which was already included in the FY25 guidance. He also added that the price increase should strengthen Adobe's position in the artificial intelligence market, especially when combined with the company's Firefly plans, which range from $10 to $200 per month. While we acknowledge the potential of ADBE 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 ADBE and that has 100x upside potential, check out our report about the 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
Business Insider
12-05-2025
- Business
- Business Insider
Analysts Have Conflicting Sentiments on These Technology Companies: Salesforce (CRM), Ubiquiti Networks (UI) and EverCommerce (EVCM)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Salesforce (CRM – Research Report), Ubiquiti Networks (UI – Research Report) and EverCommerce (EVCM – Research Report). Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Salesforce (CRM) Jefferies analyst Brent Thill maintained a Buy rating on Salesforce yesterday and set a price target of $375.00. The company's shares closed last Friday at $275.42. According to Thill is a 5-star analyst with an average return of 10.1% and a 60.8% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, CoreWeave, Inc. Class A, and Palantir Technologies. Currently, the analyst consensus on Salesforce is a Moderate Buy with an average price target of $361.24, a 28.3% upside from current levels. In a report issued on April 29, Westpark Capital also initiated coverage with a Buy rating on the stock with a $320.00 price target. Ubiquiti Networks (UI) Barclays analyst Tim Long maintained a Sell rating on Ubiquiti Networks on May 9 and set a price target of $247.00. The company's shares closed last Friday at $413.52, close to its 52-week high of $469.98. According to Long is a 5-star analyst with an average return of 13.5% and a 62.1% success rate. Long covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Motorola Solutions. Currently, the analyst consensus on Ubiquiti Networks is a Moderate Buy with an average price target of $440.00. EverCommerce (EVCM) Barclays analyst Saket Kalia maintained a Hold rating on EverCommerce on May 9 and set a price target of $11.00. The company's shares closed last Friday at $11.00. According to Kalia is a 5-star analyst with an average return of 14.3% and a 61.8% success rate. Kalia covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, CrowdStrike Holdings, and Procore Technologies. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EverCommerce with a $11.75 average price target.
Yahoo
07-05-2025
- Business
- Yahoo
Bull and Bear Clash on Palantir Technologies (PLTR) Stock
An analyst who's very bullish on Palantir Technologies (PLTR) stock, Wedbush Securities Dan Ives, and an analyst who's very bearish on the name, Jeffries' Brent Thill, clashed yesterday in the wake of the firm's first-quarter earnings report. The analysts were speaking on CNBC. Palantir PLTR Stock Alex Karp Ives' Bullish Take PLTR's Q1 results show that the company is "leading when it comes to the AI Revolution," Ives, a well-known tech analyst, said. Palantir's market capitalization will exceed $1 trillion in the "next two to three years," Ives predicted. Its current market cap is around $255 billion. Thill's Bearish Take Thill countered that no software stock that he has covered has ever been able to sustain the extremely high valuations at which Palantir Technologies (PLTR) stock currently trades. Even after sinking 12.5% in the wake of its earnings as of mid-morning on May 6, PLTR still has a gigantic forward price-to-earnings ratio of 232.5 times, according to Yahoo Finance. Snowflake (SNOW) and Datadog (DDOG) are among the software makers that have previously been unable to sustain similar valuations, said Thill. However, the analyst did also admit that Palantir Technologies (PLTR)'s fundamentals are strong. While we acknowledge the potential of PLTR, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PLTR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. 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.
