Copart (CPRT) has an average rating of overweight and mean price target of $42.63, according to analysts polled by FactSet.
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Price: $32.98, Change: $+0.33, Percent Change: +1.01%
(Updated to include BofA's commentary)BofA Securities raised its price target on Applied Materials (AMAT) to $540 from $465 following its fiscal Q2 results.The brokerage highlighted the solid beat, with the demand broadening across the company's most strategic markets, and management's unprecedented visibility into 2027/28, with customers providing rolling eight-quarter forecasts.It also mentioned the company's improving margin/FCF profile, with Semi Systems gross margin already approaching 55% and overall gross margin crossing 50%.Applied Materials has an average rating of Buy and mean price target of $512.07, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $434.21, Change: $-6.35, Percent Change: -1.44%
Take-Two Interactive Software (TTWO) is heading into a key "go/no-go" earnings moment, with investor attention set to center on fiscal guidance and confirmation of the Grand Theft Auto VI release schedule ahead of the May 21 call, Wedbush Securities said in a Friday note.The analyst said the update will be critical in determining whether GTA VI remains on track for its Nov. 19 launch, noting Rockstar's historical tendency to signal major delays roughly six months in advance, making this call a pivotal checkpoint for expectations.Wedbush expects fiscal Q4 results to come in at the high end of guidance, modeling net bookings of about $1.56 billion versus guidance of $1.51 to $1.56 billion and earnings per share of $0.56 at the top of the $0.46 to $0.56 range, supported in part by strength in mobile gaming, according to the report.Looking ahead, Wedbush said fiscal 2027 guidance will be the most important driver of sentiment, with estimates at roughly $9.40 billion in bookings and $6.40 in EPS versus consensus of about $9.33 billion and $7.97, as investors look for clarity on GTA VI scale, mobile momentum, and the timing of launch contributions.Wedbush maintained its outperform rating on the stock with a price target of $300.Price: $243.11, Change: $+0.70, Percent Change: +0.29%
Figma (FIG) benefited from accelerating adoption of its AI-powered products in Q1, supporting seat expansion, paid customer conversion, and early credit monetization, Morgan Stanley said Friday in a report.Revenue rose 46% from a year earlier, beating the market consensus even amid a "very dynamic competitive environment and a mixed macro backdrop," the report said.Rising AI usage weighed on gross margins, which fell to around 82%, below Wall Street expectations of about 84%, the report said. Operating margins of 15.6% came in well ahead of consensus at 9%, and contracted by only 200 basis points, Morgan Stanley said.Investors remain focused on issues including intensifying competition in design tools and uncertainty around the trajectory of Figma's gross margins, the report said. Still, Q1 results offered a "strong case" for the company's positioning in AI, Morgan Stanley said."Debates on the competitive dynamic and near-term margin pressures may limit upside in the shares without further data points from the company," the report said.Morgan Stanley cut Figma's price target to $38 from $44 and maintained its equal-weight rating.Price: $23.40, Change: $+3.16, Percent Change: +15.59%