Latest news with #DougAnmuth
CNBC
17 hours ago
- Business
- CNBC
Top Wall Street analysts like these three stocks for long-term growth
The Middle East conflict and macro uncertainty are expected to keep global stock markets volatile, so it would be prudent for investors to ignore short-term noise and pick names with solid growth prospects. To this end, top Wall Street analysts' research can be a key consideration for investors who are picking out stocks and seeking names with long-term potential. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. We start this week with online pet retailer Chewy (CHWY). The company recently delivered solid revenue and earnings for the first quarter of fiscal 2025. However, investors were concerned about some aspects, including the decline in free cash flow. Reacting to the Q1 FY25 performance, JPMorgan analyst Doug Anmuth increased his price target for CHWY stock to $47 from $36 and reiterated a buy rating, saying that the post-earnings sell-off in the stock seems overdone. TipRanks' AI analyst has an outperform recommendation on CHWY stock, with a price target of $46. Anmuth stated that he remains bullish on Chewy stock due to its strong execution, growth in active customers, and profitability ramp. He expects sponsored ads, product mix and fixed cost leverage to drive a multi-year profitability ramp. "We believe CHWY is capturing share from AMZN/WMT supported by hardgoods, product mix shift, consumables, AutoShip, & efficient marketing, while improving industry trends would be a tailwind," the analyst said. Anmuth views Chewy's full-year revenue outlook as conservative, given that the company is tracking towards the upper half of its guidance range. He highlighted that the 240,000 sequential increase in Q1 2025 Active Customer marked the fourth consecutive quarter of growth. He also pointed out improvements in other metrics like gross additions, reactivations and retention. Anmuth ranks No. 42 among more than 9,600 analysts tracked by TipRanks. His ratings have been profitable 65% of the time, delivering an average return of 21.9%. See Chewy Ownership Structure on TipRanks. Next on this week's list is social media platform Pinterest (PINS). Recently, the company entered into a partnership with Instacart, under which advertisements on Pinterest will become directly shoppable via Instacart. Reacting to the collaboration, Bank of America analyst Justin Post reaffirmed a buy rating on PINS with a price target of $41. TipRanks' AI analyst has assigned an outperform rating on PINS stock, with a price target of $37. Post said that advertisers can capitalize on Instacart's first-party purchase data to target Pinterest users. The analyst highlighted that in the initial phase, select brands can reach Pinterest users based on real-world retail purchase behavior captured by Instacart. The second phase will introduce a "closed-loop measurement," enabling advertisers to see how Pinterest ads lead to product sales across Instacart's network of over 1,800 retail partners. Overall, this partnership will provide more precise ad campaign insights and performance tracking. Post noted the rise in PINS stock in reaction to this deal and potentially favorable Q2 ad data. The top-rated analyst thinks that the partnership is a "good fit as CPG [consumer packaged goods] is one of Pinterest's largest verticals (cooking and recipes also popular), and the closed loop attribution on campaigns will likely be valued by advertisers." If successful, Post thinks that the partnership could drive incremental ad spend by CPG clients. He remains constructive on Pinterest due to artificial intelligence (AI) enhancements that seem to be fueling user engagement and improved ad performance, with AI ramp still in the early stage. Post ranks No.23 among more than 9,600 analysts tracked by TipRanks. His ratings have been successful 69% of the time, delivering an average return of 22.9%. See Pinterest Insider Trading Activity on TipRanks. We move to Uber Technologies (UBER), a ride-sharing and delivery platform. Recently, Stifel analyst Mark Kelley initiated a buy rating on UBER stock with a price target of $110. The analyst stated that he views UBER as a "super app" offering multiple reasons to use its platform, like commuting, ordering food and delivery. Commenting on whether the emergence of autonomous vehicles (AVs) is a risk or opportunity, Kelley said that AVs present minimal risk to Uber's business over the near-to-medium term due to some hurdles, like safety, clarity on regulatory framework, cost of manufacturing AVs and large investments needed to support an AV fleet. In fact, the analyst thinks that the long-term risk from AVs is also unclear currently due to a wide range of potential outcomes. Kelley is optimistic that Uber is well-positioned to meet or surpass the financial targets set in 2024, thanks to its solid execution. He expects gross bookings growth of 16% each in 2025 and 2026, supported by continued expansion into non-urban areas and internationally, with persistent adoption of UberOne. Moreover, Kelley expects earnings before interest, taxes, depreciation and amortization growth to be higher than gross bookings and revenue growth in 2025 and 2026. Finally, Kelley is confident that Uber will eventually be successful in Delivery, which also facilitates customer acquisition, mainly in less dense/non-urban areas. He expects initiatives like Uber One and increased supply to boost Delivery bookings ahead. Kelly is also bullish on the greater retail media sub-segment of digital ads, as Uber has several advantages, like access to location data. Like Kelley, TipRanks' AI analyst is also bullish on UBER stock, with a price target of $108. Kelley ranks No.119 among more than 9,600 analysts tracked by TipRanks. His ratings have been successful 67% of the time, delivering an average return of 25.3%. See Uber Technologies Statistics and Valuation on TipRanks.
Yahoo
5 days ago
- Business
- Yahoo
IAS Expands Tools To Help Meta Ads Perform Better On Facebook And Instagram
Integral Ad Science (NASDAQ:IAS) on Wednesday announced the launch of new contextual category reporting for Meta Platforms (NASDAQ:META), expanding measurement reporting across Facebook and Instagram Feed and Reels. The company said in a press release that this launch demonstrates IAS and Meta's continued collaboration to deliver independent third-party measurement and optimization tools to support advertisers' brand suitability and performance goals. Meta Platforms could potentially generate over $10 billion in annual ad revenue from its WhatsApp messaging service by 2028, according to Evercore ISI analyst Mark Mahaney, assuming average advertising revenue of $6 per daily user and boost daily usage of the Updates tab to 1.7 billion users by reported earnings of $6.43 per share, topping analyst estimates of $5.21 per share, and total revenue increased 16%. Advertising drove revenue, with ad impressions jumping 5% and the average price per ad increasing by 10%. Wall Street analysts, including JP Morgan, highlighted Meta's new AI models, Andromeda and GEM, which deliver tangible improvements in advertising. Andromeda, powered by advanced hardware, has increased ad quality by 8%, while GEM has boosted ad conversions on Reels by up to 5%, as per JPMorgan analyst Doug Anmuth. The analysts continue to view Meta as the best-positioned digital ad player. Price Action: META stock was trading higher by 0.58% to $701.29 premarket at last check Wednesday. Read Next:Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? INTEGRAL AD SCIENCE HOLDI (IAS): Free Stock Analysis Report This article IAS Expands Tools To Help Meta Ads Perform Better On Facebook And Instagram originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
IAS Expands Tools To Help Meta Ads Perform Better On Facebook And Instagram
Integral Ad Science (NASDAQ:IAS) on Wednesday announced the launch of new contextual category reporting for Meta Platforms (NASDAQ:META), expanding measurement reporting across Facebook and Instagram Feed and Reels. The company said in a press release that this launch demonstrates IAS and Meta's continued collaboration to deliver independent third-party measurement and optimization tools to support advertisers' brand suitability and performance goals. Meta Platforms could potentially generate over $10 billion in annual ad revenue from its WhatsApp messaging service by 2028, according to Evercore ISI analyst Mark Mahaney, assuming average advertising revenue of $6 per daily user and boost daily usage of the Updates tab to 1.7 billion users by reported earnings of $6.43 per share, topping analyst estimates of $5.21 per share, and total revenue increased 16%. Advertising drove revenue, with ad impressions jumping 5% and the average price per ad increasing by 10%. Wall Street analysts, including JP Morgan, highlighted Meta's new AI models, Andromeda and GEM, which deliver tangible improvements in advertising. Andromeda, powered by advanced hardware, has increased ad quality by 8%, while GEM has boosted ad conversions on Reels by up to 5%, as per JPMorgan analyst Doug Anmuth. The analysts continue to view Meta as the best-positioned digital ad player. Price Action: META stock was trading higher by 0.58% to $701.29 premarket at last check Wednesday. Read Next:Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? INTEGRAL AD SCIENCE HOLDI (IAS): Free Stock Analysis Report This article IAS Expands Tools To Help Meta Ads Perform Better On Facebook And Instagram originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Reddit stock jumps after launching new AI ad tools
Reddit (RDDT) stock rose 8% in late morning trading on Tuesday following the social media platform's release of new AI ad tools at the Cannes Lions festival the prior day. Reddit's new tool, called 'Reddit Community Intelligence,' allows marketers to use Reddit posts to identify trends for ad campaigns and integrate Reddit users' comments into their ads. While Reddit shares climbed, the S&P 500 (^GSPC) fell fractionally. Reddit stock had risen as much as 15.8% earlier in the trading session. Read more about Reddit's stock moves and today's market action. The gain follows Reddit's 6.8% jump Monday, after media reports spotlighted a recent analysis from data analytics firm Semrush, showing that Reddit is the second-most-cited website in Google AI overviews (GOOG). The analysis said that Reddit may perform well on Google due to its $60 million deal with the tech giant, allowing Google to use Reddit users' posts to train its AI. Despite Reddit stock's climb this week, shares are still down nearly 16% for the year and far below their high of over $230 in February. The social media stock has suffered as changes to Google's Search algorithm have spurred ongoing concerns among investors over its user traffic. Google accounts for 40% to 50% of Reddit's traffic, according to JPMorgan analyst Doug Anmuth. In February, Reddit stock fell more than 20% in the week following its fourth quarter earnings, which missed Wall Street's expectations due to a change in Google's Search algorithm. Daily active users and earnings missed analysts' projections. And the day after Reddit's first quarter earnings report in May, shares fell more than 4% after executives said further changes to Google Search's algorithm could create volatility in its traffic. "This is expected in any year, but given that the search ecosystem is under heavy construction, the near term could be more bumpy than usual,' CEO Steve Huffman told investors in a post-earnings call in May. The company, in which OpenAI's ( Sam Altman is a major investor, went public last March in one of 2024's hottest IPOs and recorded its first profit shortly after. Laura Bratton is a reporter for Yahoo Finance. Follow her on Bluesky @ Email her at
Yahoo
6 days ago
- Business
- Yahoo
Reddit stock jumps after launching new AI ad tools
Reddit (RDDT) stock rose 8% in late morning trading on Tuesday following the social media platform's release of new AI ad tools at the Cannes Lions festival the prior day. Reddit's new tool, called 'Reddit Community Intelligence,' allows marketers to use Reddit posts to identify trends for ad campaigns and integrate Reddit users' comments into their ads. While Reddit shares climbed, the S&P 500 (^GSPC) fell fractionally. Reddit stock had risen as much as 15.8% earlier in the trading session. Read more about Reddit's stock moves and today's market action. The gain follows Reddit's 6.8% jump Monday, after media reports spotlighted a recent analysis from data analytics firm Semrush, showing that Reddit is the second-most-cited website in Google AI overviews (GOOG). The analysis said that Reddit may perform well on Google due to its $60 million deal with the tech giant, allowing Google to use Reddit users' posts to train its AI. Despite Reddit stock's climb this week, shares are still down nearly 16% for the year and far below their high of over $230 in February. The social media stock has suffered as changes to Google's Search algorithm have spurred ongoing concerns among investors over its user traffic. Google accounts for 40% to 50% of Reddit's traffic, according to JPMorgan analyst Doug Anmuth. In February, Reddit stock fell more than 20% in the week following its fourth quarter earnings, which missed Wall Street's expectations due to a change in Google's Search algorithm. Daily active users and earnings missed analysts' projections. And the day after Reddit's first quarter earnings report in May, shares fell more than 4% after executives said further changes to Google Search's algorithm could create volatility in its traffic. "This is expected in any year, but given that the search ecosystem is under heavy construction, the near term could be more bumpy than usual,' CEO Steve Huffman told investors in a post-earnings call in May. The company, in which OpenAI's ( Sam Altman is a major investor, went public last March in one of 2024's hottest IPOs and recorded its first profit shortly after. Laura Bratton is a reporter for Yahoo Finance. Follow her on Bluesky @ Email her at Sign in to access your portfolio
