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Elastic price target lowered to $92 from $109 at Cantor Fitzgerald
Elastic price target lowered to $92 from $109 at Cantor Fitzgerald

Yahoo

time31-05-2025

  • Business
  • Yahoo

Elastic price target lowered to $92 from $109 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm's price target on Elastic (ESTC) to $92 from $109 and keeps a Neutral rating on the shares. Elastic reported a mixed quarter, with revenue out-performance driven by self-managed while cloud revenue slightly missed expectations, and the initial fiscal 2026 outlook embeds conservatism, the analyst tells investors in a research note. Cantor awaits increased clarity on Elastic's revenue outlook in the coming quarters. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on ESTC: Disclaimer & DisclosureReport an Issue Guggenheim lowers Elastic price target, recommends buying on weakness Elastic price target lowered to $115 from $125 at Baird Elastic price target lowered to $112 from $140 at Stifel Elastic price target lowered to $115 from $120 at Morgan Stanley Elastic's Growth Potential Highlighted by Strong Q4 Performance and AI Initiatives Despite Short-Term Challenges 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

Sweden's Central Bank Seen Cutting Rate Next Month in Survey
Sweden's Central Bank Seen Cutting Rate Next Month in Survey

Bloomberg

time23-05-2025

  • Business
  • Bloomberg

Sweden's Central Bank Seen Cutting Rate Next Month in Survey

The Riksbank, which signaled a slight easing bias at its last meeting, will probably deliver a quarter-point reduction in Swedish borrowing costs already next month, according to a survey of economists by Bloomberg that contrasts with market pricing. Fourteen out of 24 analysts who responded to the survey expect the officials in Stockholm to move in June, with the rest projecting the policy rate staying at the current 2.25% then. The median forecast is still for a terminal rate of 2% through the end of next year.

Investors Shouldn't Be Too Comfortable With Deutsche Telekom's (ETR:DTE) Earnings
Investors Shouldn't Be Too Comfortable With Deutsche Telekom's (ETR:DTE) Earnings

Yahoo

time22-05-2025

  • Business
  • Yahoo

Investors Shouldn't Be Too Comfortable With Deutsche Telekom's (ETR:DTE) Earnings

Deutsche Telekom AG (ETR:DTE) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in the share price. We did some analysis and think that investors are missing some details hidden beneath the profit numbers. We've discovered 2 warning signs about Deutsche Telekom. View them for free. For anyone who wants to understand Deutsche Telekom's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from €2.1b worth of unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Deutsche Telekom doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Arguably, Deutsche Telekom's statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that Deutsche Telekom's statutory profits are better than its underlying earnings power. But on the bright side, its earnings per share have grown at an extremely impressive rate over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. When we did our research, we found 2 warning signs for Deutsche Telekom (1 makes us a bit uncomfortable!) that we believe deserve your full attention. This note has only looked at a single factor that sheds light on the nature of Deutsche Telekom's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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

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