Streetbeat News

Revenues

MDT

Analysts have provided mixed ratings for Medtronic (NYSE:MDT) over the past three months, with a range of price targets from $76.00 to $105.00. The average price target has increased slightly to $90.25. Medtronic has shown positive revenue growth and strong net margins but faces challenges with its return on equity.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 3:00 pm

ARDX

Analysts have provided a range of ratings for Ardelyx (NASDAQ: ARDX) over the past three months, with the majority being somewhat bullish. The average 12-month price target has increased to $14.4. Key analysts from firms like Wedbush, Citigroup, and Leerink Partners have maintained or raised their ratings and price targets. Ardelyx has shown significant revenue growth but faces challenges with ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 3:00 pm

AMZN

The article evaluates Amazon.com (NASDAQ:AMZN) against its competitors in the Broadline Retail industry, focusing on key financial metrics. Amazon shows strong profitability and efficient resource utilization but faces challenges in revenue growth.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 3:00 pm

META

The article provides a detailed comparison of Meta Platforms (NASDAQ:META) with its competitors in the Interactive Media & Services industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are analyzed. Meta Platforms shows strong performance in terms of ROE, EBITDA, gross profit, and revenue growth, indicating a competitive position within the industry.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 3:00 pm

NVDA

The article provides a comprehensive analysis of NVIDIA (NASDAQ:NVDA) compared to its competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics, market position, and growth prospects are evaluated, highlighting NVIDIA's strengths and weaknesses.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 3:00 pm

NIO

NIO Inc. (NYSE:NIO) shares are trading slightly lower on Friday. The company announced its annual general meeting on June 25, 2024, and will publish its first-quarter results on June 6. NIO is expanding in Europe with a new NIO House in the Netherlands, its largest in Europe, and continues to grow its battery swap stations in the region.

Portfolio Pulse from Nabaparna Bhattacharya

May 24, 2024 | 2:43 pm

EQX

Equinox Gold (AMEX:EQX) has successfully poured its first gold at the Greenstone project in Ontario, following a $1 billion acquisition. The project is expected to significantly boost Equinox's production capacity and cash flow, with projections of 199,000 ounces of gold production next year. Analysts are optimistic about the stock's performance as the project ramps up.

Portfolio Pulse from Stjepan Kalinic

May 24, 2024 | 2:25 pm

AMD

FEPI

MSFT

NVDA

RVER

AMD CEO Lisa Su highlighted the company's progress towards improving data center power efficiency, aiming for a 30x increase by 2025 and potentially 100x by 2026-2027. AMD's advancements in AI-specific architectures and hardware-software co-design are crucial in addressing AI's power consumption issues. Microsoft is considering integrating AMD's MI300X AI chips into Azure, and AMD has gained market share in the x86 processor market. AMD stock has gained over 48% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 24, 2024 | 2:25 pm

GOOG

GOOGL

IXP

META

MSFT

NVDA

VOX

Meta Platforms Inc (NASDAQ:META) is considering a paid version of its AI assistant, Meta AI. This move aligns with competitors like Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG, GOOGL), who charge for advanced AI features. Meta's AI initiatives include a custom AI chip to reduce dependence on Nvidia (NASDAQ:NVDA). Analysts see Meta as undervalued due to its AI and ad potential. Meta's stock has risen 87% in the last year.

Portfolio Pulse from Anusuya Lahiri

May 24, 2024 | 2:21 pm

GOOGL

Google's early adoption of AI technology has significantly boosted its stock performance, with a 96% rise in 2023 and a recent breakout above $151, signaling a potential long-term bullish trend. The company's integration of AI into core products and advertising platforms has been a key driver of this growth.

Portfolio Pulse from Zaheer Anwari

May 24, 2024 | 2:17 pm