Latest news with #Q1Earnings
Yahoo
a day ago
- Business
- Yahoo
NVIDIA (NasdaqGS:NVDA) Collaborates With Tech Soft 3D And Trend Micro For AI Solutions
NVIDIA recently announced a collaboration with Tech Soft 3D and a partnership with Dell Technologies and Trend Micro, focusing on enhancing interoperability and AI-powered cybersecurity solutions, respectively. These strategic moves likely supported the company's notable 23% price increase over the last quarter. Additional factors such as the company's Q1 earnings report, which revealed significant revenue and net income growth, might have also bolstered this trend, despite a broadly flat market. NVIDIA's proactive expansions in AI and digital innovation align with industry growth forecasts, contributing positively to its market performance. Every company has risks, and we've spotted 1 possible red flag for NVIDIA you should know about. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 27 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. The recent collaborations NVIDIA announced, focusing on enhancing AI-powered cybersecurity and interoperability solutions, could substantially impact the company's future revenue and earnings potential. These partnerships aim to expand NVIDIA's presence in the cybersecurity and AI sectors, aligning with trends that support growth in data center and AI workloads. The quarterly price increase of 23% is influenced by these strategic alliances, adding to the company's robust performance over the past five years, where total returns reached a very large percentage. Over this longer period, NVIDIA's shares exhibited phenomenal growth, outpacing many within the broader market. Over the past year, NVIDIA's returns contrasted with the broader US market, which saw a more modest 9.9% gain. Analysts anticipate these partnerships with Tech Soft 3D and Dell Technologies, combined with NVIDIA's expansion into the automotive sector through alliances with Toyota and Uber, will positively influence revenue and earnings forecasts. With revenue at US$148.52 billion and earnings at US$76.77 billion, the projected growth trends appear promising. As analysts predict future growth trajectories, the current share price indicates expectations of further price appreciation. Based on the consensus analyst price target of US$172.65, the share price reflects a discount, highlighting potential upside. This price movement demonstrates optimism around the anticipated financial performance, driven by NVIDIA's strategic initiatives and continued innovation across its key sectors. Our valuation report unveils the possibility NVIDIA's shares may be trading at a premium. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:NVDA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Globe and Mail
a day ago
- Business
- Globe and Mail
Xcel Energy Stock: Is XEL Outperforming the Utilities Sector?
With a market cap of $39.8 billion, Xcel Energy Inc. (XEL) is a leading U.S. utility holding company that provides electricity and natural gas services through its regulated subsidiaries. The company generates electricity from a diverse mix of energy sources, including wind, solar, nuclear, coal, and hydro, and delivers clean energy solutions across eight states. Companies valued at more than $10 billion are generally considered 'large-cap' stocks, and Xcel Energy fits this criterion perfectly. In addition to utility services, Xcel Energy engages in natural gas pipeline development, renewable infrastructure procurement, and investments in non-regulated assets, with a strong focus on clean energy initiatives. Shares of the Minneapolis, Minnesota-based company have dipped 6.8% from its 52-week high of $73.38. Shares of Xcel Energy have fallen marginally over the past three months, underperforming the Utilities Select Sector SPDR Fund's (XLU) 5.8% gain during the same period. Longer term, the utility company's shares have gained 1.3% on a YTD basis, lagging behind XLU's 8.1% rise. However, XEL stock has returned 25.8% over the past 52 weeks, outperforming XLU's 16.7% increase over the same time frame. The stock has been trading above its 200-day moving average since late July last year. Shares of Xcel Energy fell 1.8% on Apr. 24 after the company reported Q1 2025 operating earnings of $0.84 per share, missing the consensus estimate and declining 4.5% year-over-year. Revenues also fell short of expectations at $3.9 billion, despite a 7.1% year-over-year increase. The earnings miss was driven by an 8.7% increase in operating expenses, including higher costs for operations and maintenance, depreciation, and interest. In comparison, Xcel Energy stock has underperformed its rival WEC Energy Group, Inc. (WEC), as WEC stock has returned 35.4% over the past 52 weeks and a 13.1% gain YTD. Due to the stock's outperformance relative to the sector over the past year, analysts are bullish with a consensus rating of "Strong Buy" from 16 analysts. As of writing, XEL is trading below the mean price target of $77.13.
Yahoo
4 days ago
- Business
- Yahoo
Q1 Earnings Outperformers: MercadoLibre (NASDAQ:MELI) And The Rest Of The Online Marketplace Stocks
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at MercadoLibre (NASDAQ:MELI) and the best and worst performers in the online marketplace industry. Marketplaces have existed for centuries. Where once it was a main street in a small town or a mall in the suburbs, sellers benefitted from proximity to one another because they could draw customers by offering convenience and selection. Today, a myriad of online marketplaces fulfill that same role, aggregating large customer bases, which attracts commission-paying sellers, generating flywheel scale effects that feed back into further customer acquisition. The 13 online marketplace stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 2.2% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 3.1% on average since the latest earnings results. Originally started as an online auction platform, MercadoLibre (NASDAQ:MELI) is a one-stop e-commerce marketplace and fintech platform in Latin America. MercadoLibre reported revenues of $5.94 billion, up 37% year on year. This print exceeded analysts' expectations by 8.1%. Overall, it was a strong quarter for the company with a solid beat of analysts' EBITDA estimates and impressive growth in its users. The stock is up 8% since reporting and currently trades at $2,453. Read why we think that MercadoLibre is one of the best online marketplace stocks, our full report is free. Aiming to address a high-stakes and often confusing decision, eHealth (NASDAQ:EHTH) guides consumers through health insurance enrollment and related topics. eHealth reported revenues of $113.1 million, up 21.7% year on year, outperforming analysts' expectations by 13.4%. The business had an exceptional quarter with an impressive beat of analysts' EBITDA estimates and full-year EBITDA guidance exceeding analysts' expectations. eHealth pulled off the biggest analyst estimates beat among its peers. On a dimmer note, the company reported 1.16 million users, down 1.8% year on year. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 9.9% since reporting. It currently trades at $4.21. Is now the time to buy eHealth? Access our full analysis of the earnings results here, it's free. Founded by consignment store aficionado Julie Wainwright, The RealReal (NASDAQ: REAL) is an online marketplace for buying and selling secondhand luxury goods. The RealReal reported revenues of $160 million, up 11.3% year on year, in line with analysts' expectations. It was a slower quarter as it posted full-year EBITDA guidance missing analysts' expectations. The RealReal delivered the weakest full-year guidance update in the group. The company reported 985,000 users, up 157% year on year. As expected, the stock is down 29.2% since the results and currently trades at $5.17. Read our full analysis of The RealReal's results here. Originally started as a joint venture between several media companies including The Washington Post and The New York Times, (NYSE:CARS) is a digital marketplace that connects new and used car buyers and sellers. reported revenues of $179 million, flat year on year. This print lagged analysts' expectations by 0.6%. Taking a step back, it was a mixed quarter as it also recorded an impressive beat of analysts' EBITDA estimates but disappointing growth in its buyers. The company reported 19,250 active buyers, down 0.7% year on year. The stock is down 7.5% since reporting and currently trades at $10.47. Read our full, actionable report on here, it's free. Originally featuring a library that included many of founder Jon Oringer's photos, Shutterstock (NYSE:SSTK) is now a digital platform where customers can license and use hundreds of millions of pieces of content. Shutterstock reported revenues of $242.6 million, up 13.2% year on year. This number missed analysts' expectations by 4.1%. Aside from that, it was a mixed quarter as it also logged a solid beat of analysts' number of paid downloads estimates but a miss of analysts' EBITDA estimates. Shutterstock had the weakest performance against analyst estimates among its peers. The company reported 120.9 million service requests, up 245% year on year. The stock is up 11.4% since reporting and currently trades at $18.35. Read our full, actionable report on Shutterstock here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Business Process Outsourcing & Consulting Stocks Q1 Teardown: Exponent (NASDAQ:EXPO) Vs The Rest
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how business process outsourcing & consulting stocks fared in Q1, starting with Exponent (NASDAQ:EXPO). The sector stands to benefit from ongoing digital transformation, increasing corporate demand for cost efficiencies, and the growing complexity of regulatory and cybersecurity landscapes. For those that invest wisely, AI and automation capabilities could emerge as competitive advantages, enhancing process efficiencies for the companies themselves as well as their clients. On the flip side, AI could be a headwind as well as the technology could lower the barrier to entry in the space and give rise to more self-service solutions. Additional challenges in the years ahead could include wage inflation for highly skilled consultants and potential regulatory scrutiny on outsourcing practices—especially in industries like finance and healthcare where who has access to certain data matters greatly. The 7 business process outsourcing & consulting stocks we track reported a satisfactory Q1. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 0.5% below. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. With a team of over 800 consultants holding advanced degrees in 90+ technical disciplines, Exponent (NASDAQ:EXPO) is a science and engineering consulting firm that investigates complex problems and provides expert analysis for clients across various industries. Exponent reported revenues of $137.4 million, flat year on year. This print exceeded analysts' expectations by 2.1%. Despite the top-line beat, it was still a mixed quarter for the company. 'Exponent's first quarter results exceeded expectations, reinforcing both the resilience of our diversified business model and the value we deliver,' said Dr. Catherine Corrigan, President and Chief Executive Officer. The stock is down 3.4% since reporting and currently trades at $75.10. Read our full report on Exponent here, it's free. Often retained for high-stakes matters with multibillion-dollar implications, CRA International (NASDAQ:CRAI) provides economic, financial, and management consulting services to corporations, law firms, and government agencies for litigation, regulatory proceedings, and business strategy. CRA reported revenues of $181.9 million, up 5.9% year on year, outperforming analysts' expectations by 3%. The business had a very strong quarter with a solid beat of analysts' EPS estimates and full-year revenue guidance slightly topping analysts' expectations. CRA achieved the biggest analyst estimates beat and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 11.1% since reporting. It currently trades at $179.15. Is now the time to buy CRA? Access our full analysis of the earnings results here, it's free. Originally spun off from General Electric in 2005 to provide business process services, Genpact (NYSE:G) is a global professional services firm that helps businesses transform their operations through digital technology, AI, and data analytics solutions. Genpact reported revenues of $1.21 billion, up 7.4% year on year, in line with analysts' expectations. It was a slower quarter as it posted a slight miss of analysts' EPS guidance for next quarter estimates and revenue guidance for next quarter meeting analysts' expectations. Genpact delivered the weakest full-year guidance update in the group. As expected, the stock is down 14% since the results and currently trades at $42.60. Read our full analysis of Genpact's results here. With a team of approximately 450,000 employees across 75 countries, Concentrix (NASDAQ:CNXC) designs and delivers customer experience solutions that help global brands manage their customer interactions across digital channels and contact centers. Concentrix reported revenues of $2.37 billion, down 1.3% year on year. This number was in line with analysts' expectations. Overall, it was a satisfactory quarter as it also put up an impressive beat of analysts' EPS estimates. The stock is up 21% since reporting and currently trades at $55.32. Read our full, actionable report on Concentrix here, it's free. With over 120 offices across 33 states and a team of more than 6,700 professionals, CBIZ (NYSE:CBZ) provides accounting, tax, benefits, insurance brokerage, and advisory services to help small and mid-sized businesses manage their finances and operations. CBIZ reported revenues of $838 million, up 69.5% year on year. This print came in 2.6% below analysts' expectations. It was a slower quarter as it also recorded full-year revenue guidance missing analysts' expectations. CBIZ achieved the fastest revenue growth but had the weakest performance against analyst estimates among its peers. The stock is down 10.9% since reporting and currently trades at $68.86. Read our full, actionable report on CBIZ here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Spotting Winners: Plug Power (NASDAQ:PLUG) And Renewable Energy Stocks In Q1
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the renewable energy industry, including Plug Power (NASDAQ:PLUG) and its peers. Renewable energy companies are buoyed by the secular trend of green energy that is upending traditional power generation. Those who innovate and evolve with this dynamic market can win share while those who continue to rely on legacy technologies can see diminishing demand, which includes headwinds from increasing regulation against 'dirty' energy. Additionally, these companies are at the whim of economic cycles, as interest rates can impact the willingness to invest in renewable energy projects. The 18 renewable energy stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 5.2% while next quarter's revenue guidance was 1.1% above. Luckily, renewable energy stocks have performed well with share prices up 22.2% on average since the latest earnings results. Powering forklifts for Walmart's distribution centers, Plug Power (NASDAQ:PLUG) provides hydrogen fuel cells used to power electric motors. Plug Power reported revenues of $133.7 million, up 11.2% year on year. This print exceeded analysts' expectations by 1.3%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts' EPS estimates. 'With new capacity online in Louisiana, accelerating adoption of our GenEco electrolyzers, and improved cash flow discipline, Plug is executing with focus and urgency,' said Andy Marsh, CEO of Plug. Interestingly, the stock is up 42.8% since reporting and currently trades at $1.29. Read our full report on Plug Power here, it's free. With its name deriving from a combination of 'generating' and 'AC', Generac (NYSE:GNRC) offers generators and other power products for residential, industrial, and commercial use. Generac reported revenues of $942.1 million, up 5.9% year on year, outperforming analysts' expectations by 2.3%. The business had a stunning quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 10.2% since reporting. It currently trades at $124.72. Is now the time to buy Generac? Access our full analysis of the earnings results here, it's free. One of the first EV charging companies to go public, Blink Charging (NASDAQ:BLNK) is a manufacturer, owner, operator, and provider of electric vehicle charging equipment and networked EV charging services. Blink Charging reported revenues of $20.75 million, down 44.8% year on year, falling short of analysts' expectations by 24.3%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Blink Charging delivered the weakest performance against analyst estimates and slowest revenue growth in the group. Interestingly, the stock is up 3.9% since the results and currently trades at $0.90. Read our full analysis of Blink Charging's results here. Helping homeowners use solar energy to power their homes, Sunrun (NASDAQ:RUN) provides residential solar electricity, specializing in panel installation and leasing services. Sunrun reported revenues of $504.3 million, up 10.1% year on year. This number beat analysts' expectations by 4%. Overall, it was a very strong quarter as it also put up an impressive beat of analysts' EPS estimates. The company added 25,428 customers to reach a total of 1.07 million. The stock is up 33.5% since reporting and currently trades at $9.86. Read our full, actionable report on Sunrun here, it's free. Pioneering the use of lithium-ion batteries for grid storage, Fluence (NASDAQ:FLNC) helps store renewable energy sources with battery systems. Fluence Energy reported revenues of $431.6 million, down 30.7% year on year. This print surpassed analysts' expectations by 29.8%. However, it was a slower quarter as it produced full-year revenue guidance missing analysts' expectations. Fluence Energy scored the biggest analyst estimates beat but had the weakest full-year guidance update among its peers. The stock is up 11.5% since reporting and currently trades at $5.01. Read our full, actionable report on Fluence Energy here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
