Why These 5 Tesla Analysts Have Mixed Views On Q3: 'We Were Prepared For An Earnings Miss' Tesla Inc (NASDAQ: TSLA) reported record revenue, operating margins and free cash flow in the third quarter. Benzinga · Oct 20, 2022
Mizuho Analyst Remains Bullish On The EV Sector; Finds Rivian Better Positioned Mizuho analyst Vijay Rakesh reiterated his Buy ratings on Rivian Automotive, Inc (NASDAQ:RIVN) and the $65 price target. He saw RIVN as a pure play and a strong early mover in the EV market, focusing on the higher-growth SUV and light truck market and a robust commercial vehicle roadmap beginning with Amazon.Com, Inc. (NASDAQ:AMZN). Rivian is… Benzinga · Oct 6, 2022
Micron Technology Earnings Were 'Materially Worse' Than Expected: 6 Analysts Comment Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate. Benzinga · Sep 30, 2022
Nvidia's Unanswered Questions: 7 Analysts Break Down Tech Firm's Q2 Miss Nvidia Corporation (NASDAQ: NVDA) reported second-quarter revenues of $6.7 billion, short of the consensus estimate of $8.1 billion, and net income of $656 million, significantly the Street market expectations of $1.25 per share. Benzinga · Aug 25, 2022
Nvidia Price Target Slashed By As Much As 33% Following Downward Revision In Outlook On August 8, Nvidia Corp (NASDAQ: NVDA) Benzinga · Aug 9, 2022
Western Digital Price Target Cut By Analysts Post Q4 Beat Western Digital Corp (NASDAQ:WDC) clocked 8% year-on-year revenue growth to $4.53 billion in Q4, beating the consensus of $4.49 billion. Non-GAAP EPS of $1.78 beat the consensus of $1.68. Barclays analyst Tom O'Malley had an Equal Weight and $55 price target. The market expected a reset, but the depths of decline and the exclusion… Benzinga · Aug 8, 2022
6 Advanced Micro Devices Analysts React To Earnings Beat, Guidance Miss, Market Share Gains Advanced Micro Devices, Inc. (NASDAQ: AMD) shares traded lower by 4.3% on Wednesday after the semiconductor giant reported better-than-expected second-quarter numbers but disappointed Wall Street with its third-quarter guidance. Benzinga · Aug 3, 2022
4 Analyst Takeaways Of Seagate Technology's Q1 Earnings Seagate Technology Holdings PLC (NASDAQ: STX) reported its quarterly revenue at $2.6 billion, down 13% year-on-year, and non-GAAP profits at $1.59 per share, with both metrics below Street expectations. The company’s projection was $1.90 a share. Benzinga · Jul 22, 2022
Thinking About Buying Stock Or Options In Robinhood Markets, Nio, Tesla Or Etsy? Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends. Here are the latest analyst rating updates for Robinhood Markets, Nio, Tesla and Etsy: Benzinga · Jun 27, 2022
This Analyst Believes Negative Sentiment, Macro Headwinds As An Opportunity To Step In For Micron Technology and Western Digital Mizuho analyst Vijay Rakesh slashed price targets on Micron Technology, Inc (NASDAQ: MU) to $95, from $113 (66% upside), and Western Digital Corp (NASDAQ: WDC) to $68, from $72 (44 Benzinga · Jun 21, 2022
Mizuho Sees Qualcomm, Qorvo, Skyworks Well Positioned For Global 5G Ramps Amid Odds - Read Full Take Mizuho analyst Vijay Rakesh reiterated Buy on Qualcomm Inc (NASDAQ:QCOM), Qorvo, Inc (NASDAQ:QRVO), and Skyworks Solutions, Inc (NASDAQ:SWKS). However, he slashed the price targets of Qualcomm from $185 to $168 (34% upside), Qorvo from $128 to $110 (12% upside), and Skyworks from $170 to $150 (62% upside). His checks into the handset supply chain indicated downside risk… Benzinga · Jun 21, 2022
Mizuho Expects EV Stocks Like Nio, Tesla, Rivian Set To Gain - Here's How Mizuho analyst Vijay Rakesh sees BEV (Battery electric vehicle) as a bright spot amid macro headwinds led by China rebounding. Benzinga · Jun 15, 2022
Here's How Mizuho Views AMD, Nvidia, Qualcomm Mizuho analyst Vijay Rakesh included Gigabyte, a distributor of GPUs and a motherboard OEM, and Zhen Ding, a leading PCB supplier in coverage post-Asia tech series checks. Benzinga · Jun 13, 2022
Why This Tesla Analyst Thinks Worst May Be Behind For The EV Pioneer Tesla, Inc's (NASDAQ: TSLA) stock received a string of price target cuts from sell-side analysts, who blamed their tempered expectations on the slow ram Benzinga · Jun 1, 2022
Benzinga · May 26, 2022 7 Nvidia Analysts Break Down Long-Term Story, New Products, Data Center Growth After Q1 Print Several NVIDIA Corporation (NASDAQ: NVDA) reacted to the chipmaker's first-quarter report with lower price targets. Here's what they had to say.
Benzinga · May 12, 2022 Rivian Is A 'Show-Me-The-Money' Story But Has 'More Pieces In Place' Than Peers: Analysts React To Q1 Earnings Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck.
Benzinga · Apr 18, 2022 Mizuho Slashes Qualcomm Price Target - Read Why Mizuho analyst Vijay Rakesh lowered the price target on Qualcomm Inc (NASDAQ:QCOM) to $185 from $210 (35.1% upside) and kept a Buy rating. The first half of 2022 brings "multiple headwinds" to China handset manufacturers from weaker 5G demand, extended COVID lockdowns, and a more competitive Apple Inc (NASDAQ:AAPL) iPhone. The headwinds are driving potentially increased radio…
Benzinga · Mar 4, 2022 Read How Analysts Reacted To Broadcom's Q1 Results Analysts boosted their price targets on Broadcom Inc (NASDAQ:AVGO) post Q1 FY22 results. Baird analyst Tristan Gerra raised the price target on Broadcom from $690 to $700 (21% upside) and kept an Outperform. The analyst said strong demand continues and will likely accelerate year-over-year this quarter, driven by enterprise IT, hyper-scale and cloud, switches upgrades…
Benzinga · Feb 22, 2022 Credo Shares Pop As Multiple Analysts Initiate Coverage And See Sharp Upside Multiple analysts initiated coverage on Credo Technology Group Holding Ltd (NASDAQ:CRDO) with a positive stance. Goldman Sachs analyst Toshiya Hari initiated coverage on Credo with a Buy rating and price target of $23 (51.3% upside). Stifel analyst Tore Svanberg initiated coverage on Credo with a Buy rating and price target of $20 (31.6% upside). BofA analyst Vivek…
Benzinga · Feb 1, 2022 Mizuho Says This EV Company's Margins Are Ahead Of The Entire Industry On CNBC, Mizuho Securities analyst Vijay Rakesh said growth stocks have seen some headwinds in the recent period due to the prospects of rate hikes by the Federal Reserve.
Benzinga · Jan 28, 2022 Analysts Cut Western Digital Price Target Post Q2 Results Analysts lowered their price targets on Western Digital Corp (NASDAQ:WDC) following Q2 FY22 results. Deutsche Bank analyst Sidney Ho lowered the price target to $70 from $81 (40% upside) and kept a Buy. The company's guidance was once again below Street estimates, but it remains positioned for a second-half recovery. The analyst believes the stock's…