Smartkarma Newswire

ON Semiconductor Corporation (ON)

73.97 USD -4.30 (-5.49%) Volume: 11.84M

ON Semiconductor Corporation’s stock price is currently at 73.97 USD, experiencing a dip of -5.49% this trading session with a high trading volume of 11.84M, reflecting a year-to-date percentage change of -11.44%, highlighting a challenging year for the tech giant in the stock market.

Latest developments on ON Semiconductor Corporation

ON Semiconductor stock price surged today by 11.5% following the release of their Q2 earnings report, where they exceeded both top-line and bottom-line estimates. This impressive performance has propelled ON Semiconductor to beat Wall Street expectations and gain the most since 2022. The chipmaker’s strong Q2 results, particularly in the automotive sector, have instilled confidence in investors, leading to a positive outlook for the company’s future. Analysts have raised their forecasts for ON Semiconductor, indicating a promising trajectory for the semiconductor industry as a whole.

ON Semiconductor Corporation on Smartkarma

On Semiconductor has been receiving positive analyst coverage on Smartkarma, with Baptista Research publishing insightful reports on the company’s performance and potential. In their report titled “ON Semiconductor Corporation: Adoption in Low-Cost Electric Vehicles and Broad Technology Offering! – Major Drivers,” Baptista Research highlights the company’s strong Q1 2024 results, including a revenue of $1.86 billion and non-GAAP earnings per share exceeding expectations. The report emphasizes ON Semiconductor’s growth in new design wins and market share in silicon and silicon carbide, attributing it to their innovative power and sensing technologies.

Another report by Baptista Research, “ON Semiconductor Corporation: Growth in Silicon Carbide Business,” praises ON Semiconductor for its impressive performance in the fourth quarter of 2023. Despite facing challenges in the market, the company managed to achieve non-GAAP gross margins of 46.7%, surpassing previous estimates. The report commends ON Semiconductor for its strategic transformations and structural adjustments that have contributed to its success in a competitive market environment.

A look at ON Semiconductor Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

On Semiconductor has a bright long-term outlook based on its Smartkarma Smart Scores. With a high Growth score of 5, the company is expected to experience strong expansion in the future. Additionally, its Resilience and Momentum scores of 3 indicate stability and positive market momentum, respectively. However, On Semiconductor‘s Dividend score of 1 suggests that it may not be a strong choice for investors seeking regular income. Overall, the company’s Value score of 3 reflects its fair valuation compared to its peers in the industry.

ON Semiconductor Corporation, a supplier of analog, standard logic, and discrete semiconductors for data and power management, is positioned for long-term success. Its diverse product offerings, including integrated circuits and analog ICs, cater to various market needs. By leveraging its strong Growth score of 5, the company is poised for significant expansion. Despite facing some challenges in terms of dividends, its overall resilience and market momentum bode well for its future performance in the semiconductor industry.

Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Xylem Inc. (XYL)

133.48 USD -8.05 (-5.69%) Volume: 2.82M

Xylem Inc.’s stock price stands at 133.48 USD, experiencing a downturn of -5.69% this trading session, despite a positive YTD percentage change of +16.72%. With a trading volume of 2.82M, XYL’s performance continues to captivate market watchers.

Latest developments on Xylem Inc.

Xylem Inc (XYL) has seen a surge in stock price today following the release of their impressive Q2 2024 earnings report. The company reported earnings per share of $0.80, beating estimates, and revenue hitting $2.2 billion. This strong performance has led to Xylem raising their full-year guidance, indicating a positive outlook for the future. Additionally, Xylem’s Water Wisdom initiative has paid off, with the company’s Q2 results exceeding expectations and their outlook being upgraded. Investors have taken notice, with Bokf Na increasing their stock position in Xylem Inc (NYSE:XYL). Overall, Xylem’s recent successes and positive outlook have contributed to the upward movement in their stock price today.

Xylem Inc. on Smartkarma

Analysts on Smartkarma, including Baptista Research, have provided positive coverage on Xylem Inc. According to their research reports, Xylem has showcased strong financial performance, surpassing expectations in revenue, margin, and earnings per share. The company’s high single-digit organic revenue growth, coupled with a significant expansion in adjusted EBITDA margin, has led to a 14% growth in EPS. Baptista Research highlights Xylem’s ability to maximize value through integration and strong operational performance, positioning the company well for future growth.

For more detailed insights on Xylem Inc.’s performance and future expectations, investors can refer to the research reports published by Baptista Research on Smartkarma. These reports delve into the company’s fourth-quarter results, where Xylem exceeded revenue and EPS expectations. The analysts emphasize Xylem’s disciplined execution and strong demand as key drivers of its 9% organic revenue growth. With a 90 basis-point expansion in EBITDA margin, Xylem Inc. demonstrates its operational strength and potential for continued success in the market.

A look at Xylem Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Xylem Inc has a positive long-term outlook with strong scores in Growth and Momentum. With a score of 4 in Growth, the company is expected to see significant expansion and development in the future. Additionally, a score of 4 in Momentum indicates that Xylem Inc is likely to continue its upward trend in the market. These factors suggest that Xylem Inc is well-positioned for continued success in the water and wastewater industry.

While Xylem Inc‘s Value, Dividend, and Resilience scores are not as high as Growth and Momentum, they still indicate a solid overall outlook for the company. With scores of 3 in each of these categories, Xylem Inc is considered to have good value, dividend potential, and resilience in the face of challenges. This balanced combination of scores across different factors suggests that Xylem Inc is a stable and promising investment in the long term.

Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Monolithic Power Systems, Inc. (MPWR)

781.85 USD -45.41 (-5.49%) Volume: 0.68M

Monolithic Power Systems, Inc.’s stock price currently stands at 781.85 USD, experiencing a dip of -5.49% this trading session with a trading volume of 0.68M, yet showcasing a robust growth of +23.95% YTD, highlighting its resilience and potential in the stock market.

Latest developments on Monolithic Power Systems, Inc.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) has been making headlines recently as analysts at Rosenblatt Securities raised their price target on the company to $880.00, citing a boost from Nvidia. This news comes after Shell Asset Management Co. sold some of their shares in MPWR, while Bokf Na increased their stock holdings. LRI Investments LLC also purchased new shares in the company, but Bamco Inc. NY lowered their position. Despite the mixed reactions from investors, the focus remains on whether Monolithic Power Systems has compelling fundamentals that will drive its stock price movements today.

Monolithic Power Systems, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided bullish coverage on Monolithic Power Systems, Inc. The company, known for its high-performance analog and mixed-signal semiconductors, showed improved financial performance in the first quarter of 2024. Revenue increased both sequentially from Q4 2023 and year-over-year from Q1 2023. Positive customer demand and potential growth were indicated by the consistent upward trend in ordering patterns throughout the quarter.

Baptista Research‘s analysts also highlighted Monolithic Power Systems’ record revenue of $1.82 billion for the full year of 2023, marking its 12th consecutive year of revenue growth. Despite a cautiously optimistic outlook for 2024, uncertainties remain due to limited visibility beyond the current quarter. The company’s performance in 2023 was attributed to consistent execution, continuous innovation, and a strong customer focus. For more detailed insights, readers can refer to Baptista Research‘s research reports on Smartkarma.

A look at Monolithic Power Systems, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Monolithic Power Systems, Inc, a company specializing in high-performance integrated power solutions, has received positive scores across the board on the Smartkarma Smart Scores. With a Growth score of 4, Resilience score of 5, and Momentum score of 5, the company is poised for long-term success in the industry. These high scores indicate a strong potential for growth, stability, and market performance, making Monolithic Power Systems, Inc a promising investment option for investors looking for a company with a solid outlook.

Additionally, Monolithic Power Systems, Inc has received a Dividend score of 3, indicating a moderate dividend outlook for the company. Combined with a Value score of 2, investors may find that Monolithic Power Systems, Inc offers a balanced mix of growth potential and dividend yield. Overall, the company’s strong performance in Growth, Resilience, and Momentum, coupled with its focus on providing efficient power solutions for various industries, positions Monolithic Power Systems, Inc as a company to watch in the long term.

Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Corning Incorporated (GLW)

39.74 USD -2.94 (-6.89%) Volume: 25.49M

Corning Incorporated’s stock price stands at 39.74 USD, experiencing a trading session drop of 6.89%, despite a significant YTD increase of 30.51%, with a trading volume of 25.49M. Dive deeper into GLW’s resilient market performance.

Latest developments on Corning Incorporated

Corning Inc (GLW) experienced fluctuations in its stock price today after releasing its Q2 earnings report. Despite surpassing earnings estimates and exceeding April guidance, the company’s Q3 profit forecast fell below Wall Street expectations, leading to a drop in stock value. CEO highlighted new optical connectivity products for generative AI, but slow demand for clean-air tech contributed to a weak Q3 outlook. Despite this, Corning outperformed competitors and saw a return to year-over-year sales growth in Q2, with strong results driven by demand for AI products. Analysts at JPMorgan Chase & Co increased the price target for Corning to $55.00, reflecting confidence in the company’s performance.

Corning Incorporated on Smartkarma

Analysts at Baptista Research have recently provided bullish coverage on Corning Inc on Smartkarma. In their report titled “Corning Incorporated: Are The Returns On Its Display Business Good Enough? – Major Drivers,” the analysts highlighted the company’s strong performance in Q1 2024, with sales close to $3.3 billion and EPS of $0.38 exceeding guidance predictions. They noted a year-over-year gross margin growth of 160 basis points to 36.8% and a significant improvement in free cash flow by $300 million.

In another report by Baptista Research titled “Corning Incorporated: Will The Continued Demand in Optical Communications Become A Major Growth Catalyst In 2024 & Beyond? – Key Drivers,” the analysts discussed the company’s fourth-quarter and full-year earnings for 2023. Corning Inc reported $3.3 billion for the quarter, a gross margin of 37%, and earnings per share (EPS) of $0.39, meeting expectations. The report also highlighted $0.5 billion in free cash flow, indicating positive momentum for the company in the optical communications sector.

A look at Corning Incorporated Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Corning Inc, a global technology-based company known for its production of optical fiber, cable, and photonic components for the telecommunications industry, as well as glass panels and other products for the information display industry, has received varying scores in different aspects of its outlook. According to Smartkarma Smart Scores, Corning Inc excels in dividend and momentum, scoring a 5 out of 5 in both categories. This indicates a positive long-term outlook for the company in terms of its ability to provide consistent dividends to investors and its strong momentum in the market.

However, Corning Inc‘s scores in other areas such as value, growth, and resilience are not as high. With scores of 3 in value and growth, and 2 in resilience, the company may face challenges in terms of its overall value proposition, growth potential, and ability to withstand market fluctuations. Despite these lower scores, Corning Inc‘s strengths in dividend and momentum suggest that it still has solid fundamentals and potential for continued success in the long term.

Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Merck & Co., Inc. (MRK)

115.25 USD -12.53 (-9.81%) Volume: 35.49M

Merck & Co., Inc.’s stock price stands at 115.25 USD, witnessing a decline of -9.81% this trading session with a trading volume of 35.49M, yet maintains a positive year-to-date (YTD) percentage change of +5.71%, showcasing its resilience in the market.

Latest developments on Merck & Co., Inc.

Merck & Co stock price experienced a 9% drop despite beating earnings expectations and seeing strong demand for top drugs like Keytruda. The company was puzzled by a sudden decline in Gardasil sales in China, leading to a decrease in stock value. Merck also lowered its adjusted EPS guidance, causing further stock price movements. Despite this, Keytruda sales climbed 16% in Q2, driving profit and sales growth for the company. Merck’s Q2 earnings beat estimates, but acquisition costs impacted the annual profit forecast. Overall, Merck’s stock performance reflected weak fundamentals, with the company slashing its FY24 earnings outlook. Despite the challenges, Merck remains focused on new oncology candidates and the successful launch of its drug Winrevair.

Merck & Co., Inc. on Smartkarma

Analysts at Baptista Research have provided bullish coverage on Merck & Co, highlighting the company’s progress in personalized cancer vaccines and other major drivers. In the first quarter of 2024, Merck & Co demonstrated a strong start with robust growth across its business, particularly in the oncology and vaccines segments. Sales of KEYTRUDA and GARDASIL saw significant increases, reflecting the robust demand for the company’s innovative portfolio. This performance has led Merck to update their full-year guidance, indicating a positive outlook for the company.

Furthermore, Baptista Research‘s analysis of Merck & Co‘s Q4 earnings showcased a story of significant progress and execution across therapeutic areas. The company reported a strong financial performance driven by the demand for their innovative portfolio, including products like Keytruda, Welireg, and Gardasil. Merck & Co has also engaged in collaborations to enhance its product pipeline with promising innovations, indicating a strategic approach to future growth and development in the healthcare sector.

A look at Merck & Co., Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Merck & Co has a mixed outlook based on the Smartkarma Smart Scores. While the company scores well in areas such as Dividend and Momentum, with a score of 4 for each, it falls short in Value, Growth, and Resilience, with scores of 2 for each. This suggests that while Merck & Co may offer a strong dividend and show positive momentum, investors may need to consider the company’s value, growth potential, and resilience in the long term.

As a global health care company, Merck & Co operates in pharmaceuticals, animal health, and consumer care. With a focus on delivering health solutions through various products, including prescription medicines and vaccines, the company markets its offerings directly and through joint ventures. While the Smartkarma Smart Scores indicate areas of strength and weakness for Merck & Co, investors may want to conduct further research and analysis to make informed decisions about the company’s long-term prospects.

Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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CrowdStrike Holdings, Inc. (CRWD)

233.65 USD -25.16 (-9.72%) Volume: 25.75M

CrowdStrike Holdings, Inc.’s stock price is currently at 233.65 USD, experiencing a drop of -9.72% this trading session with a trading volume of 25.75M, marking a year-to-date percentage change of -8.49%. Understand the performance and market trends of CRWD stock here.

Latest developments on CrowdStrike Holdings, Inc.

CrowdStrike Holdings, Inc. (CRWD) is facing a turbulent time as reports emerge that Delta Air Lines is seeking compensation over a recent IT outage. The cybersecurity stock has been on a rollercoaster ride, with analysts weighing in on its recovery prospects. Despite the fallout from the software update issue, some hedge funds remain bullish on CrowdStrike, while others are cautious about its future performance. Delta’s hiring of a powerhouse attorney to seek damages from CrowdStrike and Microsoft has further impacted the stock price, causing it to slide to an 8-month low. However, experts believe that CrowdStrike may limit the long-term damage caused by the outage, with some seeing a strong recovery ahead. Amidst the crisis, investors are closely monitoring CrowdStrike’s stock movements and considering their next steps in light of these developments.

CrowdStrike Holdings, Inc. on Smartkarma

Analysts on Smartkarma have differing views on Crowdstrike Holdings. Baptista Research‘s report titled “CrowdStrike: A Once-Promising Cybersecurity Titan’s Fall From Grace” paints a bearish picture, highlighting recent events that have impacted the company’s future prospects. On the other hand, Jesus Rodriguez Aguilar’s report “CrowdStrike Joins S&P 500” takes a bullish stance, emphasizing the company’s inclusion in the index following strong financial results and guidance.

Another report by Baptista Research, “CrowdStrike Holdings: Will Its Enhanced AI Capabilities With Charlotte AI Be A Game Changer? – Major Drivers,” focuses on the company’s robust growth and financial performance, attributing its investment appeal to the Falcon platform’s AI-native software. Value Investors Club, however, takes a bearish view in their report “Crowdstrike Holdings Inc (CRWD) – Friday, Mar 1, 2024,” predicting potential underperformance for Crowdstrike based on market trends. Despite the varying sentiments, Crowdstrike Holdings continues to be a subject of interest and analysis on Smartkarma.

A look at CrowdStrike Holdings, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Crowdstrike Holdings has a positive long-term outlook. The company scored high in Growth and Resilience, indicating strong potential for future expansion and the ability to withstand market challenges. With a momentum score of 3, Crowdstrike Holdings shows moderate potential for continued upward movement in the market. However, the company scored lower in Value and Dividend, suggesting that investors may need to carefully consider these factors when evaluating their investment in Crowdstrike Holdings.

Crowdstrike Holdings, Inc. is a cybersecurity company that provides products and services to prevent breaches. Their offerings include cloud-delivered protection for endpoints, cloud workloads, identity and data, as well as threat intelligence and managed security services. With a focus on IT operations management, threat hunting, Zero Trust identity protection, and log management, Crowdstrike serves customers globally. The company’s strong scores in Growth and Resilience indicate a promising future outlook, while factors like Value and Dividend may require closer consideration for potential investors.

Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

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