Streetbeat News

Revenues

SRE

In the past three months, 8 analysts have shared their evaluations of Sempra (NYSE:SRE), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased by 4.82% to $88.5. Analysts have raised their price targets, reflecting a positive outlook despite a recent revenue decline.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 4:00 pm

SMWB

Similarweb Ltd (NYSE:SMWB) has been praised by Needham analyst Scott Berg for its rapidly improving profitability and accelerating revenue growth. Berg initiated coverage with a Buy rating and an $11 price target, highlighting Similarweb's leadership in the web analytics space and its large total addressable market.

Portfolio Pulse from Priya Nigam

October 21, 2024 | 3:50 pm

AMKBY

ZIM

Maersk has updated its Q3 2024 results, reporting an EBIT of $3.3 billion and raising its full-year guidance. The company now expects 2024 underlying EBITDA to be between $11.0 billion and $11.5 billion. Additionally, Maersk has revised its global container market volume growth outlook to around 6% for the fiscal year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 3:41 pm

PG

Procter & Gamble (PG) reported mixed Q1 earnings, with sales below expectations but earnings per share slightly above. Analysts express concerns over market volatility in China and the Middle East, impacting sales. Despite these challenges, PG maintains its sales and earnings guidance.

Portfolio Pulse from Priya Nigam

October 21, 2024 | 3:39 pm

AAL

American Airlines Group Inc (NASDAQ:AAL) is set to report its Q3 earnings, with expectations of EPS at 15 cents and revenue of $13.471 billion. The company faces challenges such as declining profit margins, increased operating expenses, and rising fuel costs. Despite these, American Airlines has been reducing its debt and maintaining passenger demand growth.

Portfolio Pulse from Henry Khederian

October 21, 2024 | 3:37 pm

MASI

Masimo (NASDAQ:MASI) has significantly outperformed the market over the past decade, with an annualized return of 19.92%. A $1000 investment in MASI 10 years ago would now be worth $6,316.76. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 3:30 pm

NOC

Northrop Grumman (NYSE:NOC) has delivered an average annual return of 14.68% over the past 10 years, outperforming the market by 3.33% annually. A $1000 investment in NOC 10 years ago would be worth $4,036.78 today.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 3:30 pm

AMD

Goldman Sachs maintains a Buy rating on AMD, citing growth in AI infrastructure spending and a promising product pipeline. AMD's long-term AI market forecast increased to $500 billion by 2028. The acquisition of ZT Systems and a rebound in server CPU demand are also expected to benefit AMD.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 3:11 pm

STM

STMicroelectronics (NYSE:STM) has been analyzed by four analysts, showing a range of ratings from bullish to bearish. Recent analyst actions have lowered price targets, with an average target of $39.5, down from $49.25. The company faces challenges with a 25.29% revenue decline but maintains strong net margins and a sound debt structure.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 3:01 pm

IBKR

Interactive Brokers Group (NASDAQ:IBKR) has significantly outperformed the market over the past 15 years, with an average annual return of 15.86%. A $100 investment in IBKR 15 years ago would be worth $901.88 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 3:01 pm