Tag Archives: analyst

The big guns in the auto industry are coming for Tesla’s number one spot in electric vehicles, warns one long-time auto analyst. And they could succeed in the not too distant future. “We expect Tesla’s market share to drop from about 70% in EVs to about 20% in the next three years. They [Ford and General Motors] are gaining the bulk of the market share we expect Tesla to lose,” said Bank of America auto analyst John Murphy on Yahoo Finance Live. While Tesla recently capped off an impressive… Source link

Facebook shares are likely to stay in the penalty box for some time in the wake of a lackluster fourth quarter and even worse 2022 outlook as Apple privacy changes and a surging TikTok take their collective toll on profits. “Shares are probably dead money at this level of growth for at least the next three months,” said top tech analyst Mark Mahaney of EvercoreISI on Yahoo Finance Live. Meta shares were rocked to the tune of 25% on Thursday’s session, and rightfully so most analysts… Source link

And just like that, struggling Kohl’s is one of the hottest commodities on Wall Street.  Guggenheim retail analyst Robert Drbul said in a new research note on Friday Amazon could express interest in buying Kohl’s. “Among the opportunities would be 1) customers, 2) categories, and 3) locations,” Drbul said. “For customers, according to Numerator, ~62% of Kohl’s shoppers are Prime members today, so there may be an incremental Prime opportunity for Amazon. Numerator data also shows that Kohl’s… Source link

Rivian’s stock has an electric amount of upside potential.  At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas.  The often headline-making Jonas — known for his bullish calls on Rivian rival Tesla — thinks Rivian’s stock warrants at least a 160% surge from levels he believes are overly depressed. “An IPO that preceded the December market top, the reality-check of supply chain bottlenecks (normal in auto land, perhaps not normal in tech land), and… Source link

Tesla could be leaving a lot of money on the table over the next decade if it can’t get a $25,000 electric vehicle to market. “Expanding into lower price volume segments will be critical to support the company’s growth outlook as we move into the middle part of the decade,” said Guggenheim analyst Ali Faghri in a research note Thursday.  On Wednesday, Tesla CEO Elon Musk shot down the potential for a $25,000 car this year as it focuses resources on the rollout of full-self driving… Source link

His 2021 season was impacted by an injury, but one fantasy football analyst sees a massive ceiling for D’Andre Swift in 2022. Spurred by heavy passing game usage early and back-to-back career-best rushing games, Detroit Lions running back D’Andre Swift was RB5 in full PPR fantasy scoring from Week 1-11 this season. It was notable that those back-to-back 130-plus yard rushing contests came in head coach Dan Campbell’s first two games as the new offensive play caller. Then, Swift suffered… Source link

With the Nasdaq Composite (^IXIC) teetering on the brink of correction territory, a painful sector rotation continues to flummox investors this year in expectation of the Federal Reserve taking its foot off the gas. Amid the overall market defensiveness, one analyst is suggesting that investor pessimism may be overblown. Callie Cox, investment analyst at eToro, recently appeared on Yahoo Finance Live to break down the current macro environment, as markets recently went from pricing in zero… Source link

In the new war for gaming assets that has descended on the tech industry in part due to splashy deals by Microsoft and Take-Two Interactive this year, the ball is now squarely in the court of Meta (aka Facebook) to make a move to support its metaverse ambitions.  “Facebook I think has a strong on-ramp with the Oculus with the metaverse. The challenge — and this is due diligence from my kids — they need for games and more content. I wouldn’t be surprised if Facebook went on to do some… Source link

Yandex (NASDAQ:YNDX)’s share price hit a new 52-week low during trading on Tuesday after Citigroup lowered their price target on the stock from $90.00 to $75.00. The company traded as low as $48.76 and last traded at $49.48, with a volume of 75828 shares. The stock had previously closed at $52.34. A number of other equities research analysts have also recently commented on the company. HSBC raised Yandex from a “hold” rating to a “buy” rating and raised their price target for the company… Source link

Amazon’s (AMZN) stock has had a rough 12 months. While the S&P 500 has gained as much as 24% and Microsoft (MSFT) has jumped 48%, Amazon’s stock has risen just 4%. But at least one analyst believes the stock is set for a rebound in the second half of 2022. “This is a company that faced a lot of inflation and supply chain risks in the back half of the last year,” Evercore ISI’s Mark Mahaney told Yahoo Finance Live. “I think all of those will be absorbed into the business model or… Source link