Jefferies Raises Oracle (NYSE:ORCL) Price Target to $145 From $135
Jefferies Raises Oracle (NYSE:ORCL) Price Target to $145 From $135, Maintains Buy Rating.
Jefferies Raises Oracle (NYSE:ORCL) Price Target to $145 From $135 Read Post »
Jefferies Raises Oracle (NYSE:ORCL) Price Target to $145 From $135, Maintains Buy Rating.
Jefferies Raises Oracle (NYSE:ORCL) Price Target to $145 From $135 Read Post »
Citigroup analyst Christopher Danely maintains Micron Technology (NASDAQ:MU) with a Buy and raises the price target from $75 to $85.
Citigroup raises Micron Technology (NASDAQ:MU) price target from $75 to $85 Read Post »
Wedbush analyst Matt Bryson reiterates Seagate Tech Hldgs (NASDAQ:STX) with a Neutral and maintains $55 price target.
Wedbush maintains Seagate (NASDAQ:STX) $55 price target Read Post »
Adobe Systems (NASDAQ:ADBE) reported fiscal Q2 non-GAAP earnings of $3.91 per share, up from $3.35 a year earlier. Analysts polled by Capital IQ expected $3.79. Revenue for the quarter ended June 2 was $4.82 billion, up from $4.39 billion a year earlier. Analysts surveyed by Capital IQ expected $4.77 billion. The software company said it expects fiscal Q3 non-GAAP EPS between $3.95 and $4.00 and revenue between $4.83 billion and $4.87 billion. Analysts polled by Capital IQ are expecting $3.88 and $4.86 billion, respectively. The company also said it now expects fiscal 2023 non-GAAP EPS between $15.65 and $15.75. The previous guidance was for non-GAAP EPS between $15.30 and $15.60. Analysts surveyed by Capital IQ are expecting $15.49. Revenue for the fiscal year is projected to be between $19.25 billion and $19.35 billion, the company said. Analysts polled by Capital IQ are looking for $19.30 billion.
Adobe Systems (NASDAQ:ADBE) Fiscal Q2 Tops Estimates; Ups Fiscal 2023 Earnings Guidance Read Post »
Adobe Systems (NASDAQ:ADBE) said it now expects fiscal 2023 non-GAAP EPS between $15.65 and $15.75. The previous guidance was for non-GAAP EPS between $15.30 and $15.60. Analysts surveyed by Capital IQ are expecting $15.49. Revenue for the fiscal year is projected to be between $19.25 billion and $19.35 billion, the company said. Analysts polled by Capital IQ are looking for $19.30 billion.
Adobe Systems (NASDAQ:ADBE) sets fiscal 2023 Outlook Read Post »
Adobe Systems (NASDAQ:ADBE) said it expects fiscal Q3 non-GAAP EPS between $3.95 and $4.00 and revenue between $4.83 billion and $4.87 billion. Analysts polled by Capital IQ are expecting $3.88 and $4.86 billion, respectively.
Adobe Systems (NASDAQ:ADBE) sets Q3 Outlook Read Post »
UBS analyst Karl Keirstead maintains Adobe (NASDAQ:ADBE) with a Neutral and raises the price target from $525 to $600.
UBS raises Adobe (NASDAQ:ADBE) price target from $525 to $600 Read Post »
September 5, 2023 Update: Intel (NASDAQ:INTC) Stock Technical Analysis From the analysis of the candlestick chart, the probability of short-term stock price breaking through upward is extremely high, short-term trading has a certain profit space, it is recommended to preset the stop loss price of $35, the target price of $40, short-term trading above $35 high selling low absorption. Daily candlestick chart From the fundamental analysis of financial statements Second-quarter revenue of $12.9 billion, market expectations of $12.02 billion; third-quarter adjusted revenue of $12.9 billion to $13.9 billion, market expectations of $13.28 billion; third-quarter adjusted earnings per share of $0.20, market expectations of $0.13; third-quarter adjusted gross margin of 43%, market expectations of 40.9%, and expected moderate recovery in the second half of the year. Technical Analysis Historical Forecast Record:
According to a recent analysis by Goldman Sachs, the overall market potential of Intel’s outsourcing orders in 2024 and 2025 is expected to be $18.6 billion and $19.4 billion, respectively. Among them, TSMC may receive orders of $5.6 billion and $9.7 billion from Intel in 2024 and 2025, respectively.
Broadcom (NASDAQ:AVGO) reported fiscal Q3 non-GAAP earnings per diluted share of $10.54, up from $9.73 a year ago. Analysts surveyed by Capital IQ expected a normalized EPS of $10.43. Revenue for the quarter ended July 30 was $8.88 billion, up from $8.46 billion last year. Analysts polled by Capital IQ expected $8.86 billion. Broadcom repurchased and eliminated 2.9 million shares for $2.17 billion. For fiscal Q4, the company expects $9.27 billion in revenue, an increase of 4% from last year, and adjusted EBITDA of about 65% of the projected revenue. Analysts expected $9.29 billion in revenue.
Broadcom (NASDAQ:AVGO) Fiscal Q3 Non-GAAP EPS, Revenue Advance; Sets Q4 Outlook Read Post »
Raymond James analyst Simon Leopold maintains Dell Technologies (NYSE:DELL) with a Outperform and raises the price target from $50 to $68.
Raymond James raises Dell Technologies (NYSE:DELL) price target from $50 to $68 Read Post »
Raymond James analyst Simon Leopold maintains Dell Technologies (NYSE:DELL) with a Outperform and raises the price target from $50 to $68.
Raymond James raises Dell Technologies (NYSE:DELL) price target from $50 to $68 Read Post »