Raymond James analyst Simon Leopold upgraded Hewlett Packard Enterprise stock to Strong Buy from Outperform, and increased his price forecast to $29 from $23.
Axon Enterprises' strong Q3 earnings and potential of the new AI bundle have driven the stock to $600 per share, with growth expected to continue into 2025. The Taser business and software growth, including record revenue and net income, highlight Axon's robust financial performance and future potential. Despite high valuation, Axon's innovative AI tools and international opportunities support long-term growth, making the stock a hold for now.
Super League Enterprise (SLE) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $1.01 per share a year ago.
EPD boasts a stable business model and is not significantly exposed to the volatility in oil and gas prices.
Axon Enterprise (AXON) shares touched all-time highs Friday after the Taser weapon maker reported better-than-expected results and guidance on soaring demand.
The company's growth is compounding at an extraordinary rate.
AXON's Q3 revenues increase 31.7% year over year, driven by the impressive performance of its Software & Sensors and TASER segments.
PEG's operating revenues in the third quarter total $2.64 billion, which beat the Zacks Consensus Estimate by 6.6%. The top line also increases 7.6% from the year-ago figure.
Enterprise Products Partners is a proven income machine in uncertain times. In addition to its well-known strengths, an additional powerful catalyst has recently emerged. I think the market is significantly undervaluing EPD's cash flow and unitholder capital return growth potential in the coming years, making it a Strong Buy.
Public Service Enterprise Group beat Wall Street estimates for third-quarter profit on Monday, as the electric and gas utility benefited from growth in distribution margins and higher retail sales.
Enterprise Products Partners L.P. has delivered yet another quarter of material cash flow growth, while maintaining a robust balance sheet. From Q3 2024 earnings data points and messages, it is clear that EPD has stepped up its investment game. Given EPD's upper investment grade credit rating, 1.7x distribution coverage and inherently stable business model, the risks of funding the ambitious growth at the expense of financial safety are limited.
Enterprise is increasing its capex to capture growth opportunities