FMP
Jun 13, 2025 12:53 PM - Davit Kirakosyan
Adobe Beats Q2 Amid Strong AI Momentum, But Stocks Drops 5%
Adobe (NASDAQ:ADBE) has turned in a stronger-than-expected performance for its fiscal second quarter, prompting the software powerhouse to lift its full-year financial projections. Riding the continued surge in demand for AI-driven creative tools, the company’s core digital media division delivered ...
Jun 13, 2025 12:50 PM - Davit Kirakosyan
RH Soars 22% After Surprise Q1 Profit
RH (NYSE:RH) shares surged more than 22% intra-day today after the upscale furniture brand defied expectations with an unexpected first-quarter profit, signaling resilience amid economic headwinds. The company earned 13 cents per share, surprising analysts who had anticipated a loss of 9 cents per s...
Jun 13, 2025 12:48 PM - Davit Kirakosyan
Diodes Gets Price Target Boost as New Leadership Charts Growth-Focused Course
Benchmark raised Diodes (NASDAQ:DIOD) price target from $55 to $62 while maintaining a Buy rating. The upgrade reflects growing optimism around the company’s evolving strategy under its recently appointed leadership team. Following meetings with CEO Gary Yu and CFO Brett Whitmire, the analysts highl...
Jun 13, 2025 12:45 PM - Davit Kirakosyan
Meta Doubles Down on AI With $14.3B Scale AI Deal, Citi Sees Long-Term Upside
Citi is maintaining its bullish stance on Meta Platforms (NASDAQ:META), reiterating a Buy rating and a $690 price target following the tech giant’s $14.3 billion investment in Scale AI. The deal grants Meta a 49% stake in the artificial intelligence firm, valuing Scale AI at $29 billion based on pro...
Jun 13, 2025 12:43 PM - Davit Kirakosyan
Citi Lowers Rating on Sherwin-Williams Amid Housing Market Headwinds
Sherwin-Williams (NYSE:SHW) saw its rating cut by Citi from Buy to Neutral, with the price target trimmed to $385 from $405, as analysts flagged ongoing challenges in the housing sector that could weigh on near-term performance. As a result, the company’s shares fell over 3% intra-day today. Citi po...
Jun 13, 2025 12:41 PM - Davit Kirakosyan
Paysign Gets Price Target Bump as Plasma Network Expands Sharply
DA Davidson raised its price target on Paysign (NASDAQ:PAYS) to $8 from $7 while reaffirming a Buy rating, following a major boost to the company's plasma donation center footprint. Paysign recently announced the addition of 132 established plasma centers through an expanded partnership with a key p...
Jun 12, 2025 12:18 PM - Davit Kirakosyan
Oracle Surges 13% After Raising 2026 Revenue Forecast on Strong AI Cloud Demand
Shares of Oracle (NYSE:ORCL) jumped more than 13% intra-day today after the company raised its full-year revenue growth outlook and underscored strong demand for its AI-driven cloud offerings. CEO Safra Catz announced during the post-earnings call that Oracle now expects total revenue for fiscal 202...
Jun 12, 2025 12:16 PM - Davit Kirakosyan
Oxford Industries Drops 10% as Weak EPS and Guidance Overshadow Revenue Beat
Oxford Industries (NYSE:OXM) shares dropped more than 10% intra-day today after the apparel maker delivered mixed first-quarter results and issued weaker-than-expected guidance that spooked investors. While the company beat revenue expectations, earnings per share came in below forecasts, and the ou...
Jun 12, 2025 12:10 PM - Davit Kirakosyan
America’s Car-Mart Drops 10% Despite Q4 Earnings Beat
America’s Car-Mart (NASDAQ:CRMT) delivered stronger-than-expected fourth-quarter results, but shares dropped over 10% intra-day today. The used car retailer reported earnings per share of $1.26 for the quarter, beating the consensus estimate of $0.99. Revenue rose 1.5% year-over-year to $370.2 milli...
Jun 12, 2025 12:04 PM - Davit Kirakosyan
Wedbush Hikes Oklo Price Target on U.S. Nuclear Push and Defense Deal
Wedbush raised its price target on Oklo (NYSE:OKLO) to $75 from $55 while maintaining an Outperform rating, citing accelerating momentum in U.S. nuclear energy policy and growing government interest in advanced reactor deployment. The firm highlights a recent development in which Oklo received a Not...
