Latest news with #WajeehKhan
Yahoo
13-08-2025
- Business
- Yahoo
Should You Buy the Post-Earnings Dip in CoreWeave Stock?
CoreWeave (CRWV) is down nearly 20% at the time of writing even after reporting market-beating revenue for its second quarter and offering upbeat guidance for the future. The AI infrastructure company saw its revenue more than triple to $1.2 billion in Q2, but investors seem to be fixating on the looming expiration of its lockup period on Thursday, Aug. 14. More News from Barchart Warren Buffett Warns Investing At 'Too-High Purchase Price' Even for 'an Excellent Company' Can Undo a Decade of Smart Investing Why Archer Aviation's (ACHR) Post-Earnings Tailspin Looks Like a Favorably Mispriced Opportunity BitMine Immersion Now Holds 1.15 Million Ethereum Tokens. Should You Buy BMNR Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! CoreWeave stock has been on an absolute tear since its debut in late March. Even after today's dip, it's up roughly 200% versus its initial public offering (IPO) price of just $40. Why the Lockup Expiration Is Negative for CoreWeave Stock Investors are concerned that CRWV shares could sink rather significantly once the lockup period expires on Aug. 14 after market close. Why? Because the lockup period essentially refers to a set timeframe (often 90 to 180 days) during which insiders and early investors are restricted from selling a company's stock. Now that it's expiring for CoreWeave, insiders may consider trimming their stake in the AI infrastructure firm, especially since its share price has nearly quadrupled since late April. In short, if insiders and early investors do indeed choose to take profit after the lockup expires, the added supply could exert pressure on CoreWeave stock over the next few weeks. HSBC Warns of a Massive Crash in CRWV Shares HSBC analysts recommend selling the post-earnings rip in CoreWeave shares because the artificial intelligence infrastructure company lacks revenue diversification. In its research note, the investment firm said lower utilization of data center assets could materially contract CRWV margins to 60.4% in the second half of this year. Then of course, there's the valuation overhang. The AI stock is currently trading at a price-sales (P/S) ratio of about 26x, overly stretched given the Nasdaq-listed firm is yet to turn a profit. HSBC maintained its $32 price target on CRWV shares today indicating potential downside of nearly 75% from here. Wall Street Rates CoreWeave at 'Hold' Only Investors should note that other Wall Street firms are not particularly bullish on CoreWeave stock either. The consensus rating on CRWV stock currently sits at 'Hold' only with the mean target of roughly $100 suggesting potential downside of another 17% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
13-08-2025
- Business
- Yahoo
As Oklo Scores New Nuclear Projects, Should You Buy OKLO Stock Here?
Oklo (OKLO) opened comfortably in the green this morning after the U.S. Department of Energy (DOE) said it has selected the nuclear technology firm for three of its reactor pilot projects. The selection will 'accelerate deployment timelines while providing operational insights that can support long-term commercial licensing and readiness,' the company confirmed in its press release today. More News from Barchart Argan Holds Strong in Barchart's Top 100: Up 66% in 2025 — What's Next for Investors? Nat-Gas Prices Plunge on Cooler US Forecasts and EIA Production Forecast Increase Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! OKLO stock has been exceptionally rewarding as an investment in 2025. Compared to its year-to-date low in early April it's up more than 330% at the time of writing. How DOE Selection Helps Oklo Stock Investors are cheering the DOE announcement primarily because it validates the firm's advanced microreactor technology and accelerates its path toward commercialization. The federal support improves OKLO's credibility with regulators and investors and positions it to gain operational insights that could streamline future licensing. With no revenue yet and high development costs, government backing helps de-risk the investment thesis and signals long-term viability. Together, all of it could significantly boost investor confidence in the nuclear energy company and drive a further increase in Oklo share price in the second half of 2025. Is It Too Late to Invest in OKLO Shares? Despite their explosive year-to-date rally, Wedbush remains constructive on OKLO shares mostly due to nuclear licensing progress. According to the investment firm, Oklo has successfully completed Phase 1 of its NRC readiness assessment, which clears the path for its license application in Q4. Calling it a major regulatory milestone, Wedbush analysts expressed confidence in the company's recently disclosed partnership with Vertiv (VRT) to supply clean energy to hyperscaler data centers as well. With AI-driven energy demand expected to surge tenfold by the end of this decade, Oklo's build-own-operate model positions it for long-term recurring revenues, making the NYSE-listed firm a compelling clean energy play. Wall Street Sees Significant Downside in Oklo Investors should note, however, that valuation remains an overhang for OKLO stock at current levels. According to Barchart, the consensus rating on Oklo shares currently sits at 'Moderate Buy,' but the mean target of roughly $63 actually indicates potential downside of about 20% from here. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
04-08-2025
- Business
- Yahoo
Is Lyft Stock a Buy Now on Its Baidu Self-Driving Partnership?
Lyft (LYFT) shares are inching up on Monday after announcing a strategic partnership with Baidu (BIDU) aimed at launching robotaxi services in Europe in 2026. The ride-hailing firm will begin its regional driverless taxi operations first in the UK and Germany only, with plans of growing across the continent over time. Including today's gain, LYFT stock is up roughly 45% versus its year-to-date low on April 8. More News from Barchart Find Winning Momentum Trades With This Moving Average Stock Screener Tariffs, Earnings and Other Can't Miss Items this Week Dear Nvidia Stock Fans, Mark Your Calendars for August 27 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Baidu Partnership Could Unlock Upside in Lyft Stock Teaming up with Baidu on launching robotaxi services in Europe is a strategic win for Lyft, and it's one that could essentially reshape its growth narrative moving forward. For years, investors have seen the Nasdaq-listed firm as a U.S.-centric player overshadowed by peer Uber's (UBER) global footprint – but now Lyft is positioning itself at the forefront of autonomous mobility on a global scale. Leveraging Baidu's mature driverless technology will also enable LYFT to shield itself against the massive R&D costs often associated with AV development. If successful, robotaxis could dramatically reduce driver-related expenses, improve margins, and unlock new revenue streams – potentially unlocking notable further upside in Lyft's stock price next year. What Could Drive LYFT Shares Up in the Second Half of 2025 Note that the robotaxi announcement adds to a long list of catalysts that could drive LYFT shares up further in the second half of 2025. The ride-hailing firm is scheduled to report its second-quarter earnings after the close this Wednesday, Aug. 6. Consensus is for Lyft to report 6 cents per share in earnings for Q2 – indicating a year-over-year increase of a whopping 100%. In May, the Nasdaq-listed firm announced a major increase in its stock repurchase authorization to $750 million, boosting shareholder value as well. That's one reason why TD Cowen analysts maintained a 'Buy' rating on LYFT stock in their latest research note, with global expansion potential cited as another bullish catalyst. The investment firm's $21 price target indicates potential for another 50% upside from here. How Wall Street Recommends Playing Lyft Stock What's also worth noting is that TD Cowen is not the only Wall Street firm that's keeping bullish on Lyft stock. While the consensus rating on LYFT shares currently sits at a 'Hold' only, the mean target of about $17 indicates potential upside of more than 20% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
29-07-2025
- Business
- Yahoo
BitMine Immersion Just Announced a $1 Billion Share Repurchase Plan. How Should You Play the Bitcoin Treasury Stock Here?
Bitmine Immersion Technologies (BMNR) is in focus today after the Ethereum (ETHUSD) treasury firm announced plans to repurchase up to $1 billion worth of its stock. The announced buyback plan is 'open-ended' meaning the company will repurchase shares from time to time and in negotiated transactions, as per its press release on Tuesday. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Bitmine stock soared to a high of $161 after announcing its Ethereum strategy in late June, but has since reversed hype-driven gains and is currently trading at about $32 only. How the Share Repurchase Plan Will Benefit Bitmine Stock Bitmine's sizable stock buyback program is significant for investors since it signals management's confidence in the company's long-term prospects. The initiative suggests executives view BMNR shares as undervalued, especially now that the LA-headquartered firm is in pursuit of becoming the 'MicroStrategy of Ethereum.' By reducing the number of shares outstanding, the repurchase plan improves Bitmine Immersion's per-share results and increases the ownership percentage for existing shareholders. All in all, the buyback announcement could exert upward pressure on BMNR shares over time. Are BMNR Shares Worth Investing at Current Levels? Bitmine shares are worth owning also because the company's recently adopted Ethereum strategy aligns it with the long-term upside in blockchain technology. The forward-looking pivot toward digital asset accumulation not only diversifies its balance sheet, but also positions it to benefit from network expansion and the related increase in the ETH price over time. The strategic shift makes BMNR shares significantly more appealing to crypto-focused investors and establishes the firm as a modern, adaptive name within the US tech space. Together with the share buyback initiative announced on Tuesday, the Ethereum treasury strategy makes Bitmine Immersion Technologies a rather attractive buy for the back half of 2025, at least for those bullish on crypto-integrated corporate models. How Wall Street Recommends Playing Bitmine Immersion While Bitmine stock only receives coverage from one Wall Street firm only, it's worth noting that it has a 'Strong Buy' recommendation on the ETH treasury company. ThinkEquity currently has a $60 price target on BMNR shares, indicating potential upside of some 90% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
29-07-2025
- Business
- Yahoo
As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here?
SoFi (SOFI) shares are up well over 10% at the time of writing after the neobank said a 64% year-over-year increase in loan originations helped it come handily above Street estimates in its Q2. Investors are cheering SOFI shares this morning also because management raised its already lofty full-year guidance, signaling continued robust demand for the firm's banking and lending solutions. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Including today's rally, SoFi stock is up roughly 180% versus its year-to-date low set in early April. SoFi Stock is Benefitting From Revenue Diversification SOFI added another 850,000 new members and noted a 72% year-over-year increase in its fee-based revenue in the second quarter, indicating strong platform engagement and growing demand for its non-interest income services. The company's strong Q2 numbers reflect successful cross-selling, improved customer acquisition strategies, and increasing brand relevance among digitally native consumers. Moreover, continued increase in fee-based revenue that now contributes about 44% to the top line signals revenue diversification, reducing reliance on lending margins and adding resilience to profitability. Overall, the earnings release underscores operational momentum and reinforces confidence in its scalable fintech model, which may help SOFI shares extend gains further in the back half of 2025. SOFI Shares Are Trading at a Premium Valuation While the Q2 results bode well for SoFi shares, BTIG analyst Vincent Caintic recommends pulling out of them as much of the good news may already be priced in at current levels. To be fair, the fintech stock is going for a forward price-earnings multiple (P/E) of nearly 77x at the time of writing, much higher than some AI stocks, even including Nvidia (NVDA) at 43x only. Note that BTIG currently rates the financial technology company at 'Hold' only. Wall Street Recommends Caution on SoFi Technologies Investors should tread with caution on SOFI shares also because they are already trading near the Street-high price target of $27. According to Barchart, the consensus rating on SoFi stock currently sits at 'Hold' only with the mean target of about $17 indicating potential downside of well over 30% from here. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
