Latest news with #RothMKM
Yahoo
3 days ago
- Business
- Yahoo
Roth MKM Remains Bullish on IREN Limited (IREN)
IREN Limited (NASDAQ:IREN) is one of the 13 Crypto Stocks with the Highest Upside Potential. In a report released on June 17, Darren Aftahi from Roth MKM maintained a Buy rating on IREN Limited (NASDAQ:IREN) with a price target of $20.75. The company's May report showed record revenue and hardware profit, reporting $1.6 million in daily hardware profit and $67 million in monthly revenue. It is on track for 50 EH/s by June 30 and is executing on its Horizon 1 AI Data Center at pace, set for delivery in Q4 2025. A table full of technology, with bitcoin mining rigs and a laptop showing a financial graph. IREN Limited (NASDAQ:IREN) also reported positive fiscal Q3 2025 results, with record revenues of $148.1 million compared to $119.6 million in fiscal Q2 2025. The company reported a 24% growth in Bitcoin mining revenue to $141.2 million and a notable 33% rise in AI Cloud services revenue to $3.6 million. IREN Limited (NASDAQ:IREN) mined 1,514 Bitcoin in the quarter compared to 1,347 Bitcoin in fiscal Q2 2025, supported by growth in operating hash rate. Formerly known as Iris Energy Limited, IREN Limited (NASDAQ:IREN) is an Australia-based company that owns and operates renewable energy-powered data centers. Its facilities are specially optimized for Bitcoin mining, AI cloud services, and other power-dense computing. While we acknowledge the potential of IREN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Business Insider
5 days ago
- Business
- Business Insider
Roth MKM Remains a Buy on Talos Energy (TALO)
In a report released today, Leo Mariani from Roth MKM maintained a Buy rating on Talos Energy (TALO – Research Report), with a price target of $11.00. The company's shares closed today at $9.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mariani is a top 100 analyst with an average return of 27.9% and a 63.82% success rate. Mariani covers the Energy sector, focusing on stocks such as Matador Resources, Occidental Petroleum, and Diamondback. Talos Energy has an analyst consensus of Strong Buy, with a price target consensus of $12.63, a 32.95% upside from current levels. In a report released yesterday, Capital One Financial also initiated coverage with a Buy rating on the stock with a $14.00 price target.
Business Insider
6 days ago
- Business
- Business Insider
Roth MKM Keeps Their Buy Rating on ReNew Energy Global (RNW)
In a report released today, Justin Clare from Roth MKM maintained a Buy rating on ReNew Energy Global (RNW – Research Report), with a price target of $7.50. The company's shares closed today at $7.06. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Clare covers the Utilities sector, focusing on stocks such as Enlight Renewable Energy, Energy Vault Holdings, and Fluence Energy. According to TipRanks, Clare has an average return of -5.8% and a 49.18% success rate on recommended stocks. Currently, the analyst consensus on ReNew Energy Global is a Moderate Buy with an average price target of $7.96. The company has a one-year high of $7.49 and a one-year low of $5.15. Currently, ReNew Energy Global has an average volume of 727.4K.
Business Insider
14-06-2025
- Business
- Business Insider
Arlo Technologies management to meet with Roth MKM
Meeting to be held in Boston on June 23 hosted by Roth MKM. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
13-06-2025
- Business
- Business Insider
Roth MKM Keeps Their Buy Rating on IMAX (IMAX)
Roth MKM analyst Eric Handler maintained a Buy rating on IMAX (IMAX – Research Report) today and set a price target of $36.00. The company's shares closed yesterday at $28.60. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Handler is a 5-star analyst with an average return of 13.5% and a 64.82% success rate. Handler covers the Communication Services sector, focusing on stocks such as IMAX, Cinemark Holdings, and Electronic Arts. IMAX has an analyst consensus of Strong Buy, with a price target consensus of $32.11. IMAX market cap is currently $1.47B and has a P/E ratio of 59.53. Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IMAX in relation to earlier this year. Last month, Richard Gelfond, the CEO of IMAX sold 100,000.00 shares for a total of $2,711,000.00.
