Latest news with #Jefferies

Yahoo
an hour ago
- Business
- Yahoo
Apple may raise iPhone 18 prices after Q2 pull-in, says Jefferies
-- Apple may increase prices for its upcoming iPhone 18 lineup following evidence of strong second-quarter demand and mounting cost pressures, according to analysts at Jefferies. 'We saw more evidence of strong iPhone demand in 2Q25,' said Jefferies, pointing to around 22% year-over-year growth in equipment sales reported by major U.S. telecoms. That figure, the highest in six quarters, was 'driven by pull-in' ahead of potential tariffs, the firm noted, suggesting that industry trackers like Counterpoint and IDC may be underestimating Apple's shipment growth. Jefferies reiterated its forecast of an 8% year-on-year increase in iPhone shipments for the June quarter, above Counterpoint's and IDC's reported figures of 4% and 1.5%, respectively. Despite this strength, Jefferies does not expect a stock re-rating based solely on current data. Looking ahead, Jefferies sees Apple (NASDAQ:AAPL) raising the selling price of the iPhone 18 Slim, Plus, and Pro Max models by $50 to help offset 'higher component costs and China tariff.' The price hike would represent a 4%–5% increase year-over-year, but Jefferies cautioned that the move 'may barely cover the above cost increases.' Jefferies also highlighted Apple's accelerating shift of iPhone production to India. It expects 18% of iPhone 18 units to be made in India in the second half of 2025, rising to 35% by late 2026. However, it warned that lower yields and higher logistics costs in India could add pressure to margins. 'Supply chain security and India's localization requirement may prompt AAPL to move even if financially it does not justify the move,' Jefferies added. Related articles Apple may raise iPhone 18 prices after Q2 pull-in, says Jefferies Kering Q2 revenue falls 18% due to weak retail, wholesale sales and tourism slump Booking reports Q2 beat on strong travel demand, shares down on cautious outlook
Yahoo
an hour ago
- Business
- Yahoo
Jefferies Raises Netflix (NFLX) PT, Maintains Buy Rating
Netflix, Inc. (NASDAQ:NFLX) is one of the 12 Most Owned Stocks by Hedge Funds So Far in 2025. On July 18, Jefferies increased its price target for Netflix, Inc. (NASDAQ:NFLX) from $1,400 to $1,500 while keeping a Buy rating after the company reported its second-quarter results for 2025. The investment firm noted that Netflix, Inc. (NASDAQ:NFLX) delivered a solid performance with 17% foreign exchange-neutral revenue growth compared to the previous year. This is also slightly up from 16% in the first quarter. Gil C / Netflix, Inc.'s (NASDAQ:NFLX) management also increased the company's guidance for operating income growth in 2025 to 30%, up from the previous forecast of 29%. Jefferies noted that revenue growth reached 15% in the US and Canada, up from the previous 9%. This suggests that despite recent increases in price, customer churn has been limited. The investment firm believes Netflix, Inc. (NASDAQ:NFLX) can keep growing its earnings per share by more than 20% over the next three to five years. Netflix, Inc. (NASDAQ:NFLX) is a global entertainment company that provides streaming services. It provides a wide variety of TV series, films, and games. While we acknowledge the potential of NFLX 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: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 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


Phone Arena
an hour ago
- Business
- Phone Arena
iPhone 17 lineup's expected price increase revealed
*Image credit — Majin Bu As has been rumored for a while, it seems that Apple is gearing up for bigger price tags to go along with its upcoming iPhone 17 series. If the company only seeks to offset the increase in manufacturing costs caused by tariffs, you can expect your iPhone 17 to be $50 more expensive. The report comes courtesy of investment banking and capital markets firm Jefferies. This $50 increase is expected to be applied across all of Apple's upcoming flagship phones, including the new iPhone 17 Air. The price bump is the expected minimum, as other industry disruptions weren't factored into the estimate. This has been a long time coming, in my opinion. The iPhone 16 series didn't see any price hikes, but Apple couldn't have kept that up forever. Even if President Trump hadn't imposed tariffs that targeted Apple, the industry is seeing prices of components rise across the board. At least now, Apple can hope that consumers blame the tariffs instead of its decisions. Apple is trying to circumvent many of these tariffs by shifting production from China to India, but the president has called out CEO Tim Cook on this, and vowed further restrictions. The iPhone 16 series costs the same as the iPhone 15. | Image credit — PhoneArena For now, I think that a $50 increase won't stir up too much controversy, especially as Samsung phones cost a bit more than current iPhone models. However, the report estimates that these price hikes will likely get worse by the time Apple is ready to unveil the iPhone 18. That's also when the company is expected to announce the foldable iPhone, so we can expect that to cost an arm and a leg too. Samsung hasn't directly been called out by President Trump, almost certainly because it is not an American company. The president has expressed his desire for an iPhone made Stateside, and the Galaxy phones have dodged publicized scrutiny. However, Samsung is also affected by tariffs to an extent, albeit less than Apple because it moved its production out of China years ago. Many people have said that they don't like the redesign for the iPhone 17 Pro. That, coupled with the price hike, may make this one of the more unpopular iPhone lineups in years. Then again, we've thought that before, but Apple's quarterly reports keep growing time and time again.


Economic Times
2 hours ago
- Business
- Economic Times
Capgemini tightens annual revenue guidance, outlook cautious
Agencies French IT consulting firm Capgemini tightened its full-year revenue guidance on Wednesday, while citing caution amid soft demand and an uncertain economic environment. The firm, whose services range from cloud and AI to enterprise management across a wide array of industries, now estimates full-year revenue growth at constant currency in a range of -1% to +1%, compared to the previous estimate of between -2% and 2%. It also approved a multi-year share buyback program of 2 billion euros ($2.3 billion). "Going into Q3, we see some stability in the environment, while we retain our cautious stance to account for the uncertainty created by geopolitical tensions and a slow economy," CEO Aiman Ezzat said in a statement. Capgemini's operating profit for the first half of the year fell 15% year-on-year to 976 million euros. Revenues stood at 11.11 billion euros, down 0.3% on a reported basis but up 0.2% at constant exchange rates. Demand was soft in the first half as clients slashed non-essential spending, the company said. Analysts at Jefferies said in a note that the second-quarter figures were solid "but against a backdrop of soft sub-sector newsflow, we doubt the results are sufficient to materially change investor sentiment." Shares in Capgemini rose as much as 6.9% at market open, but paired gains and were up 0.3% at 0805 GMT. The group reiterated its full-year operating margin estimate in the 13.3% and 13.5% range and said its targets do not include the impact of the proposed acquisition of technology outsourcing firm WNS. In July, Capgemini agreed to buy US-listed WNS for $3.3 billion in cash to expand the range of AI tools it offers for companies. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Jane St: How an options trader smelt a rat when others raised a toast Regulators promote exchanges; can they stifle one? Watch IEX TCS job cuts may not stop at 12,000; its bench policy threatens more From near bankruptcy to blockbuster drug: How Khorakiwala turned around Wockhardt Stock Radar: SBI Life rebounds after testing 50-DEMA; could hit fresh record highs above Rs 2,000 – check target & stop loss These 10 banking stocks can give more than 25% returns in 1 year, according to analysts Two Trades for Today: A metals stock for an over 6% gain, a large-cap chemicals maker for about 7% upmove F&O Radar| Deploy Broken Wing in LIC Housing Finance to benefit from bearish outlook

Yahoo
2 hours ago
- Business
- Yahoo
Apple may raise iPhone 18 prices after Q2 pull-in, says Jefferies
-- Apple may increase prices for its upcoming iPhone 18 lineup following evidence of strong second-quarter demand and mounting cost pressures, according to analysts at Jefferies. 'We saw more evidence of strong iPhone demand in 2Q25,' said Jefferies, pointing to around 22% year-over-year growth in equipment sales reported by major U.S. telecoms. That figure, the highest in six quarters, was 'driven by pull-in' ahead of potential tariffs, the firm noted, suggesting that industry trackers like Counterpoint and IDC may be underestimating Apple's shipment growth. Jefferies reiterated its forecast of an 8% year-on-year increase in iPhone shipments for the June quarter, above Counterpoint's and IDC's reported figures of 4% and 1.5%, respectively. Despite this strength, Jefferies does not expect a stock re-rating based solely on current data. Looking ahead, Jefferies sees Apple (NASDAQ:AAPL) raising the selling price of the iPhone 18 Slim, Plus, and Pro Max models by $50 to help offset 'higher component costs and China tariff.' The price hike would represent a 4%–5% increase year-over-year, but Jefferies cautioned that the move 'may barely cover the above cost increases.' Jefferies also highlighted Apple's accelerating shift of iPhone production to India. It expects 18% of iPhone 18 units to be made in India in the second half of 2025, rising to 35% by late 2026. However, it warned that lower yields and higher logistics costs in India could add pressure to margins. 'Supply chain security and India's localization requirement may prompt AAPL to move even if financially it does not justify the move,' Jefferies added. Related articles Apple may raise iPhone 18 prices after Q2 pull-in, says Jefferies Kering Q2 revenue falls 18% due to weak retail, wholesale sales and tourism slump Booking reports Q2 beat on strong travel demand, shares down on cautious outlook