Financial News · Live Terminal

Page 408 of 550

Wire103d ago

Meta Acquires Assured Robot Intelligence Startup, Bloomberg Reports

$META

Wire103d ago

Roblox Looks to Challenge Unity, Epic With New AI Software, Bloomberg Reports

$RBLX$U

Wire103d ago

Dutch Bros to Gain From Unit Growth, Sales Drivers Into 2026, Oppenheimer Says

Dutch Bros (BROS) could benefit from a strong store expansion trajectory, rising same-store sales, mobile ordering growth, food initiatives, easing coffee costs and improving cash generation through 2028, Oppenheimer said in a note Friday, highlighting the stock's attractive growth algorithm.The investment firm said Dutch Bros has a clear path to reach 2,029 stores by 2029, up from 1,136 now, with room to expand beyond its current 25-state footprint, and the company has strong customer loyalty, record average unit volumes of $2.1 million, and a menu where energy drinks and refreshers make up about half of sales.Same-store sales could grow 4.7% in 2026, above the company's 3% to 5% outlook, helped by food, mobile ordering, and newer stores, Oppenheimer said.The 2026 setup looks attractive because coffee cost pressure is already included in forecasts, while coffee prices have started to ease, according to the note, with upside potential from stronger same-store sales and operating leverage.Oppenheimer started coverage of the stock with an outperform rating and a $72 price target.Price: $57.37, Change: $-0.14, Percent Change: -0.24%

$BROS

Wire103d ago

Jack in the Box Heads Into Q2 With Mounting Consumer Pressure, RBC Says

Jack in the Box (JACK) is heading into fiscal Q2 results under growing pressure as heavier exposure to lower-income consumers and broader macro headwinds are expected to weigh on sales and may prompt management to lower its full-year guidance, RBC Capital Markets said Thursday in a report.RBC expects same-store sales to decline 2.4% in Q2 and is watching how value promotions, menu changes, and store refreshes are translating into traffic.Also under scrutiny is the company's Jack on Track plan, a multiyear effort focused on closing underperforming stores, improving sales transfer to nearby locations, and reducing debt, the report said.Franchisees closed 12 restaurants in Q1, with management previously noting that 30% of sales shifted to nearby units, though the pace of closures has been slower than expected as franchisees evaluate leases, the report said.Q2 earnings are due May 13.RBC lowered its price target on Jack in the Box stock to $17 from $25 and maintained its outperform rating.Price: $12.39, Change: $-0.22, Percent Change: -1.71%

$JACK

Wire103d ago

ADT Positioned to Achieve 20% FCF Growth in 2026, RBC Capital Markets Says

ADT's (ADT) solid Q1 free cash flow growth on higher upfront installation revenue instills confidence in achieving over 20% FCF growth in 2026, RBC Capital Markets said in a research report emailed Friday.The ADT+ Platform, combined with the Origin AI acquisition, bolsters competitive positioning and provides differentiated value supporting pricing power, while service excellence enhances client experience and drives operational cost efficiencies, positioning the company for growth and margin expansion, analysts wrote.The company is also implementing artificial intelligence for churn propensity modeling and lead qualification, with outbound sales primarily handled by AI. The AI-driven churn propensity modeling will facilitate the identification and retention of at-risk clients, according to the note.ADT's expansion into do-it-yourself and ecommerce channels through ADT Blue offers a market opportunity to capture value-conscious clients while expanding its addressable market, the firm said. By treating DIY clients as entry points into the ADT+ ecosystem, the company can drive subscriber additions, expected to boost long-term earnings, according to the note.The brokerage said it reiterated its sector perform rating on the stock and price target of $9 per share.Price: $7.55, Change: $+0.01, Percent Change: +0.20%

$ADT

Wire103d ago

Nebius to Acquire Eigen AI in $643 Million Cash-And-Stock Deal

Nebius Group (NBIS) said Friday it has agreed to acquire inference and model optimization firm, Eigen AI, in a cash-and-stock deal valued at about $643 million.The acquisition will strengthen Nebius Token Factory as a frontier managed inference platform for production AI, the company said, adding that the deal also accelerates its expansion in the US.The transaction is expected to close in the coming weeks, it said.Nebius shares were up over 10% in afternoon trading.Price: $152.93, Change: $+14.70, Percent Change: +10.63%

$NBIS

Wire103d ago

Paychex Raises Quarterly Dividend to $1.19 a Share From $1.08, Payable May 29 to Shareholders of Record as of May 13

$PAYX

Wire103d ago

Revolution Medicines Gets FDA Expanded Access Permit for Experimental Pancreatic Cancer Drug

Revolution Medicines (RVMD) received a "safe to proceed" letter from the US Food and Drug Administration, allowing to the company to initiate an expanded access treatment protocol for its experimental pancreatic cancer drug, daraxonrasib, the FDA said Friday.The expanded access is for patients with previously treated metastatic pancreatic ductal adenocarcinoma, the federal agency said.Shares of the company were down 2.3% in Friday trading.Price: $140.89, Change: $-3.24, Percent Change: -2.24%

$RVMD

Wire103d ago

Advanced Micro Devices Seen Posting Q1 Beat, But Upside Limited by Supply Constraints, RBC Says

Advanced Micro Devices (AMD) is expected to post a beat in its Q1 results, though upside may be limited by tight wafer supply and relatively lower central processing unit exposure compared with Intel (INTC), RBC Capital Markets said in a note emailed Friday.AMD is scheduled to report its Q1 results after the market closes on May 5.The brokerage also expects Q2 revenue and EPS guidance to come in above expectations by the same magnitude of 4% to 6% beat estimated for Q1.RBC said demand for CPUs remains strong, with average selling prices driving growth, though "wafer supply tightness is a limiting factor as AMD's lead times appear to have extended beyond 4-6 weeks."RBC maintained a sector perform rating and raised its price target to $325 from $230, citing recent peer multiple expansion.Price: $357.50, Change: $+3.01, Percent Change: +0.85%

$AMD$INTC

Wire103d ago

Roblox Slows in Q1 as Facial Age Checks Weigh on New-User Growth, Wedbush Says

Roblox (RBLX) reset near-term expectations after lowering its 2026 guidance, with the rollout of mandatory facial age checks slowing new-user sign-ups and contributing to Q1 deceleration, Wedbush Securities said Friday in a report.The company's per-user economics, retention, and engagement intensity remain healthy, and the slowdown is concentrated at the user-acquisition stage rather than within the experiences themselves, the report said.Roblox's core revenue drivers, including developer payouts, advertising partnerships, and in-experience subscriptions, remain intact, the report said.Wedbush outlines a recovery path tied to getting its messaging and social features back to normal, improving app-store ratings, and bringing more 18-plus users onto the platform in H2.Wedbush slashed its price target on Roblox stock to $65 from $90 and maintained its outperform rating.Price: $45.60, Change: $-9.66, Percent Change: -17.48%

$RBLX

Wire103d ago

Susquehanna Adjusts ConocoPhillips Price Target to $152 From $149

ConocoPhillips (COP) has an average rating of overweight and mean price target of $141.30, 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://finwires.com/en/contact)Price: $123.54, Change: $-2.24, Percent Change: -1.78%

$COP

Wire103d ago

Atlassian Q3 Results Add Confidence to Strategy, Oppenheimer Says

Atlassian (TEAM) posted "solid" Q3 results, with Cloud and Data Center revenue growth beating expectations, backing confidence in its strategy, Oppenheimer said in a Thursday report.The results also showed its ability to monetize customer AI usage and address AI displacement concerns, the note said."Even with strong after-hours performance, we find the valuation compelling and believe the bear narrative could be difficult to sustain if execution continues," the report said."We urge patience and remain bullish," Oppenheimer said, keeping its outperform rating and $100 price target.Price: $84.92, Change: $+16.33, Percent Change: +23.81%

$TEAM

Wire103d ago

Morgan Stanley Adjusts Price Target on Royal Caribbean Group to $310 From $330

Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $346.57, 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://finwires.com/en/contact)Price: $269.19, Change: $+5.43, Percent Change: +2.06%

$RCL

Wire103d ago

Morgan Stanley Adjusts Price Target on Brown & Brown to $65 From $70

Brown & Brown (BRO) has an average rating of hold and mean price target of $74.93, 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://finwires.com/en/contact)Price: $59.18, Change: $-0.98, Percent Change: -1.62%

$BRO

Wire103d ago

Apple's iPhone Supercycle, Strong Outlook Drive Momentum, Wedbush Says

Apple's (AAPL) iPhone 17 "supercycle" continues to gain momentum across nearly every major geography, supported by stronger-than-expected results and robust guidance for the June quarter, Wedbush Securities said in a Friday research note.The company reported strong quarterly results, with revenue, iPhone sales and services all exceeding expectations, the firm said.The company's guidance for the June quarter exceeded Street expectations. It bakes in continued supply constraints across several Mac models. Supply and demand balance is expected to take several months to materialize, according to the note.Analysts said the Worldwide Developers Conference at Apple Park in early June is highly consequential. Updates are expected on personalized Siri and expanded Apple Intelligence capabilities. Additional details on the collaboration with Alphabet's (GOOG) Google Gemini are also expected, they said.The firm also highlighted a leadership transition, with John Ternus expected to take on a larger role, signaling continuity in strategy.Wedbush raised its 2026 earnings estimate for Apple to $8.64 a share from $8.50. Analysts polled by FactSet expect $8.66.The firm reiterated its outperform rating on the stock with a $350 price target.Price: $283.99, Change: $+12.64, Percent Change: +4.66%

$AAPL$GOOG

Wire103d ago

Morgan Stanley Adjusts Price Target on Valero Energy to $232 From $222

Valero Energy (VLO) has an average rating of overweight and mean price target of $259.94, 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://finwires.com/en/contact)Price: $245.42, Change: $-7.16, Percent Change: -2.83%

$VLO

Wire103d ago

Evercore ISI Adjusts Kimco Realty Price Target to $25 From $24

Kimco Realty (KIM) has an average rating of overweight and mean price target of $25.08, 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://finwires.com/en/contact)Price: $23.48, Change: $-0.16, Percent Change: -0.70%

$KIM

Wire103d ago

Ladenburg Thalmann Adjusts Kimco Realty Price Target to $28 From $27

$KIM

Wire103d ago

Citigroup Adjusts Illinois Tool Works Price Target to $287 From $284

Illinois Tool Works (ITW) has an average rating of Hold and mean price target of $279.53, 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://finwires.com/en/contact)Price: $253.98, Change: $-4.03, Percent Change: -1.56%

$ITW

Wire103d ago

Goldman Sachs Adjusts Illinois Tool Works Price Target to $254 From $253

$ITW

Showing 8141-8160 of 10992