Offshore
Photo
Wall St Engine
Trump: DRUG PRICES TO BE CUT BY 59%, PLUS! Gasoline, Energy, Groceries, and all other costs, DOWN. NO INFLATION!!! https://t.co/dPT1rgB3LW
tweet
Trump: DRUG PRICES TO BE CUT BY 59%, PLUS! Gasoline, Energy, Groceries, and all other costs, DOWN. NO INFLATION!!! https://t.co/dPT1rgB3LW
tweet
Wall St Engine
DA Davidson Maintains Buy Rating on $NBIS, Raises PT to $35 from $30
Analyst comments: "On Friday, The Information reported that ClickHouse is targeting a new funding round at a $6 billion valuation, with Khosla Ventures expected to lead. Nebius Group holds a 28% stake in ClickHouse, a company it originally founded and later spun off in 2021, making this development a meaningful uplift to Nebius' sum-of-the-parts valuation, with its ClickHouse stake increasing from $560 million to $1.68 billion (pre-dilution). We reiterate our BUY rating and raise our price target from $30 to $35 based on incremental $5 per share from ClickHouse as well as higher comparable valuation to $CRWV."
Analyst: Alex Platt
tweet
DA Davidson Maintains Buy Rating on $NBIS, Raises PT to $35 from $30
Analyst comments: "On Friday, The Information reported that ClickHouse is targeting a new funding round at a $6 billion valuation, with Khosla Ventures expected to lead. Nebius Group holds a 28% stake in ClickHouse, a company it originally founded and later spun off in 2021, making this development a meaningful uplift to Nebius' sum-of-the-parts valuation, with its ClickHouse stake increasing from $560 million to $1.68 billion (pre-dilution). We reiterate our BUY rating and raise our price target from $30 to $35 based on incremental $5 per share from ClickHouse as well as higher comparable valuation to $CRWV."
Analyst: Alex Platt
$NBIS is getting more interesting: ClickHouse is raising at a $6B valuation, valuing NBIS’s 28% stake at ~$1.68B — that’s 25% of its market cap. Add Bezos backing Toloka and Avride now seeking funding, and the sum-of-the-parts story here is quietly building real weight. tweet
twitter.com
undefined
undefined
Wall St Engine
Stifel Keeps Buy Rating on $RIVN, Raises PT to $18 from $16
Analyst comments: "While near-term headwinds persist, we believe Rivian is making solid progress toward several key milestones including delivering positive gross profit in Q1 2025 and Q4 2024, pursuing a positive gross profit target for 2025, reducing costs, and launching the critical R2. We believe Rivian has sufficient liquidity to fund operations through the launch of R2 supported by its balance sheet, and with investments from Volkswagen and the DOE loan, would have sufficient capital to fund the ramp of the midsize platform in Georgia. We believe the long-term story is intact, and we are reiterating our Buy with an $18 target price based on our DCF."
Analyst: Stephen Gengaro
tweet
Stifel Keeps Buy Rating on $RIVN, Raises PT to $18 from $16
Analyst comments: "While near-term headwinds persist, we believe Rivian is making solid progress toward several key milestones including delivering positive gross profit in Q1 2025 and Q4 2024, pursuing a positive gross profit target for 2025, reducing costs, and launching the critical R2. We believe Rivian has sufficient liquidity to fund operations through the launch of R2 supported by its balance sheet, and with investments from Volkswagen and the DOE loan, would have sufficient capital to fund the ramp of the midsize platform in Georgia. We believe the long-term story is intact, and we are reiterating our Buy with an $18 target price based on our DCF."
Analyst: Stephen Gengaro
tweet
Wall St Engine
DA DAVIDSON ON $GOOGL (NEUTRAL; PT $160): TIME TO BREAK IT UP AND UNLEASH SHAREHOLDER VALUE'
Analyst comments: "Investors want a big-bang breakup, not isolated spin-offs. We believe the company is headed toward an eventual passive-aggressive spin-off of Network and possibly Chrome/Android to appease the DOJ, likely only after a prolonged delay. The debate on Search will not improve, and sum-of-the-parts only works if the company is willing to act. The Search discussion is largely irrelevant for now, as it may not conclude soon. Google Search ad revenue growth could persist even after the business is impaired, as advertisers currently lack alternatives. Only after Apple changes its default settings and ChatGPT introduces ads will we begin to see revenue impact—which could take several quarters. This means the overhang will remain. By maintaining the conglomerate structure, management is effectively limiting all its businesses to the 16x Search multiple, rather than allowing them to trade at higher multiples like those of Netflix, Azure, The Trade Desk, or Tesla."
Analyst: Gil Luria
tweet
DA DAVIDSON ON $GOOGL (NEUTRAL; PT $160): TIME TO BREAK IT UP AND UNLEASH SHAREHOLDER VALUE'
Analyst comments: "Investors want a big-bang breakup, not isolated spin-offs. We believe the company is headed toward an eventual passive-aggressive spin-off of Network and possibly Chrome/Android to appease the DOJ, likely only after a prolonged delay. The debate on Search will not improve, and sum-of-the-parts only works if the company is willing to act. The Search discussion is largely irrelevant for now, as it may not conclude soon. Google Search ad revenue growth could persist even after the business is impaired, as advertisers currently lack alternatives. Only after Apple changes its default settings and ChatGPT introduces ads will we begin to see revenue impact—which could take several quarters. This means the overhang will remain. By maintaining the conglomerate structure, management is effectively limiting all its businesses to the 16x Search multiple, rather than allowing them to trade at higher multiples like those of Netflix, Azure, The Trade Desk, or Tesla."
Analyst: Gil Luria
tweet
Wall St Engine
$MNDY | monday. com Q1'25 Earnings Highlights
🔹 Revenue: $282.3M vs. $276M est. 🟢
🔹 Adj EPS: $1.10 vs. $0.70 est. 🟢
🔹 Customers >$100K ARR: 1,328, up +46% y/y
FY25 Outlook:
🔹 Revenue: $1.22B–$1.23B (Est. $1.21B) 🟢
🔹 Non-GAAP Op Income: $144M–$150M (Prior: $134M–$142M)
🔹 Adj FCF: $310M–$316M (FCF Margin: 25%–26%)
Q2 Outlook:
🔹 Revenue: $292M–$294M (Est. $294.3M) 🟡
🔹 Non-GAAP Op Income: $32M–$34M (Margin: 11%–12%)
Key Commentary:
🔸 Record operating profit and FCF
🔸 Net dollar retention: 117% for >$100K customers
🔸 Strong AI feature adoption across platform
🔸 CEO: “Outstanding start to 2025... multi-product platform driving momentum”
tweet
$MNDY | monday. com Q1'25 Earnings Highlights
🔹 Revenue: $282.3M vs. $276M est. 🟢
🔹 Adj EPS: $1.10 vs. $0.70 est. 🟢
🔹 Customers >$100K ARR: 1,328, up +46% y/y
FY25 Outlook:
🔹 Revenue: $1.22B–$1.23B (Est. $1.21B) 🟢
🔹 Non-GAAP Op Income: $144M–$150M (Prior: $134M–$142M)
🔹 Adj FCF: $310M–$316M (FCF Margin: 25%–26%)
Q2 Outlook:
🔹 Revenue: $292M–$294M (Est. $294.3M) 🟡
🔹 Non-GAAP Op Income: $32M–$34M (Margin: 11%–12%)
Key Commentary:
🔸 Record operating profit and FCF
🔸 Net dollar retention: 117% for >$100K customers
🔸 Strong AI feature adoption across platform
🔸 CEO: “Outstanding start to 2025... multi-product platform driving momentum”
tweet
Wall St Engine
Jefferies Recommends Buying $FIVE, $NKE, $SN, and $YETI Amid Tariff De-escalation
Analyst comments: "This morning, the US and China agreed to a 90-day pause, reducing tariffs by 115%. The changes, effective May 14th, signal a significant de-escalation in trade talks and pave the way for a long-term deal. We recommend buying shares of FIVE, NKE, SN, and YETI, as these companies offer several mitigating strategies and now face lower costs in the interim. Earlier today, the US and China agreed to roll back tariffs for 90 days, de-escalating the trade war. The US will reduce tariffs from 145% to 30%, while China will cut duties from 125% to 10%. Despite varying tariff-related headwinds from China, these strong brands can mitigate impacts due to their scale. As trade discussions progress during the 90-day pause, management teams could witness significantly fewer costs, as most businesses have opted to plan with the assumption of a 145% tariff in place."
tweet
Jefferies Recommends Buying $FIVE, $NKE, $SN, and $YETI Amid Tariff De-escalation
Analyst comments: "This morning, the US and China agreed to a 90-day pause, reducing tariffs by 115%. The changes, effective May 14th, signal a significant de-escalation in trade talks and pave the way for a long-term deal. We recommend buying shares of FIVE, NKE, SN, and YETI, as these companies offer several mitigating strategies and now face lower costs in the interim. Earlier today, the US and China agreed to roll back tariffs for 90 days, de-escalating the trade war. The US will reduce tariffs from 145% to 30%, while China will cut duties from 125% to 10%. Despite varying tariff-related headwinds from China, these strong brands can mitigate impacts due to their scale. As trade discussions progress during the 90-day pause, management teams could witness significantly fewer costs, as most businesses have opted to plan with the assumption of a 145% tariff in place."
tweet
Wall St Engine
WHITE HOUSE: Trump’s new executive order will push drug price cuts across all U.S. markets. HHS to set pricing targets in 30 days, explore direct-to-consumer sales at Most Favored Nation rates. Commerce, USTR, and FDA to target foreign price suppression, expand import options, & review export rules.
tweet
WHITE HOUSE: Trump’s new executive order will push drug price cuts across all U.S. markets. HHS to set pricing targets in 30 days, explore direct-to-consumer sales at Most Favored Nation rates. Commerce, USTR, and FDA to target foreign price suppression, expand import options, & review export rules.
tweet