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Downgrade Sends HPQ Stock Spiraling to 5-Year Low
Schaeffers Investment Research· 2026-01-16 15:42
HP Inc (NYSE:HPQ) shares are down 2.5% to trade at $20.10 at last check, following a downgrade at Barclays to "underweight" from "equal weight," along with a price-target cut to $18 from $24. The analyst in coverage noted recent hurdles in the PC and printing businesses.HPQ is currently down 41% from its Feb. 23, 52-week high of $35.27, and is now trading at it's lowest level since December 2020. The former tech giant is eyeing its fourth loss in the last five sessions and hasn't turned in a weekly win sinc ...
Qualcomm: Wall Street’s Patience Is Wearing Thin
Investing· 2026-01-15 06:33
Shares of tech giant Qualcomm (NASDAQ:QCOM) have stumbled into the new year on the back of a sudden shift in analyst tone. The stock fell nearly 5% to start the week and is now trading back under $170, a sharp reversal from the optimism that had been building late last year, when it looked poised to break through resistance around $184. The catalyst was the first notable analyst update of the year. The team over at Mizuho downgraded its rating on Qualcomm from Outperform to Neutral, while also cutting its p ...
Why Cleveland-Cliffs Stock Got Rocked on Wednesday
Yahoo Finance· 2026-01-08 00:18
Core Viewpoint - Cleveland-Cliffs' stock experienced a significant decline of over 9% following an analyst downgrade, reflecting concerns about the company's future performance [1][2]. Group 1: Analyst Downgrade - Analyst Philip Gibbs of KeyBanc downgraded Cleveland-Cliffs from overweight (buy) to sector weight (hold), noting that the stock had surpassed his price target of $13 per share [2]. - Gibbs expressed concerns about diminishing business-boosting catalysts, particularly a decline in activity from auto industry customers, and noted that costs are slightly higher than previously anticipated [3]. Group 2: Company Strengths - Despite the downgrade, Gibbs highlighted several favorable factors for Cleveland-Cliffs, including its strategic cooperation with POSCO, a leading Korean steelmaker, which could positively impact its operations and finances [4]. Group 3: Investment Perspective - While Cleveland-Cliffs remains a top steel producer in the U.S., it is not viewed as a compelling investment opportunity, with no anticipated surges in demand, even amid efforts to bolster domestic manufacturing [5]. - The Motley Fool Stock Advisor team has identified ten stocks they believe are better investment opportunities than Cleveland-Cliffs, indicating a lack of confidence in the company's potential for significant returns [6][7].
Jefferies Downgrades First Solar, Shares Drop 4%
Financial Modeling Prep· 2026-01-07 18:37
Core Viewpoint - Jefferies downgraded First Solar from Buy to Hold and reduced the price target to $260.00 from $269.00, resulting in a more than 4% decline in shares during pre-market trading [1] Group 1: 2026 Outlook and Strategic Concerns - Jefferies expressed caution regarding First Solar's 2026 outlook due to limited booking visibility and emerging strategic questions [2] - Expectations surrounding Section 232 tailwinds may disappoint investors, with potential carve-outs for Germany and other regions that could dilute pricing benefits [2] - Developers are accelerating projects ahead of duties and FEOC considerations, which may impact future pricing [2] Group 2: Manufacturing Challenges and Cash Flow - International manufacturing facilities continue to pose challenges while tariffs remain in effect [3] - Although First Solar is expected to remain free-cash-flow positive, the timeline for significant cash generation is likely too extended to act as a near-term catalyst for the stock [3] - Jefferies sees limited upside from current stock levels due to these factors [3]
Deckers Stock Stoops Lower After Downgrades
Schaeffers Investment Research· 2026-01-07 16:38
Core Viewpoint - Deckers Outdoor Corp's shares have declined by 2.7% to $104.54 following downgrades from Piper Sandler and Baird, raising concerns about the company's growth prospects [1][2]. Group 1: Stock Performance - The stock has increased by 30% from its three-year low of $78.91 on November 5, but remains down approximately 50% year over year [2]. - Shares have found support at the 20-day moving average and have closed higher in six of the last eight trading sessions [2]. - The long-term 200-day trendline has been breached, indicating potential challenges ahead [2]. Group 2: Analyst Ratings - Piper Sandler downgraded Deckers from "neutral" to "underweight," lowering the price target from $100 to $85 [1]. - Baird also downgraded the stock from "outperform" to "neutral," citing concerns regarding the growth narrative of HOKA, a brand under Deckers [1]. Group 3: Options Market - The stock's Schaeffer's Volatility Index (SVI) is at 48%, indicating that near-term option traders are pricing in relatively low volatility expectations compared to the past year [3]. - Deckers' Schaeffer's Volatility Scorecard (SVS) is at a high of 99, suggesting that the stock has historically exceeded option traders' volatility expectations over the past year [3].
EverCommerce Inc. (NASDAQ:EVCM) Downgraded by RBC Capital
Financial Modeling Prep· 2026-01-05 16:00
Core Viewpoint - EverCommerce Inc. has been downgraded by RBC Capital, but institutional investors continue to show interest in the company, indicating potential confidence in its future performance [2][3][6] Company Overview - EverCommerce Inc. provides software solutions for service-based businesses across various sectors, including health services, home services, and fitness and wellness [1] Stock Performance - The stock was downgraded from "Outperform" to "Sector Perform" with a price of $11.55 at the time of the downgrade [2] - The stock price decreased by 4.62% to $11.55 following the downgrade [3] - The stock has fluctuated between $10.88 and $12.01, with a yearly high of $14.41 and a low of $7.66 [5][6] - The current market capitalization of EverCommerce stands at approximately $2.1 billion [5] Institutional Investor Activity - Squarepoint Ops LLC acquired 56,648 shares valued at approximately $595,000, showing confidence in EverCommerce [3] - Deutsche Bank AG increased its holdings by 141.9% in the first quarter, now owning 9,836 shares valued at $99,000 [4] - Nuveen LLC and Martingale Asset Management L P have established new positions valued at $493,000 and $202,000, respectively [4]
Life360 (NASDAQ:LIF) Stock Downgrade and Insider Selling Activity
Financial Modeling Prep· 2026-01-05 13:04
Core Viewpoint - Life360 has been downgraded by Citigroup from "Market Outperform" to "Perform" amid insider selling and stock performance concerns [1][5]. Company Overview - Life360 is known for its family networking app that provides location sharing, driving safety features, and emergency assistance [1]. - The company competes with other family safety apps and location services [1]. Stock Performance - Life360's stock has declined by 40% from its peak in October, currently priced at $64.36 [3][5]. - The stock experienced a slight increase of 0.34% on the day of reporting, with a trading range between $63.41 and $65 [3]. Insider Activity - Director John Philip Coghlan sold 3,125 shares at a weighted average price of $77.22, totaling approximately $241,000 [2][5]. - This sale aligns with Coghlan's median sell size over the past year, but his overall holdings have decreased by over 90% since July [2]. - The insider sale suggests a continuation of a pre-set trading plan, indicating a cautious approach by the director [4]. Market Capitalization and Trading Volume - Life360's market capitalization is approximately $5.04 billion, with a trading volume of 623,086 shares [3].
Veeva Systems Inc. (NYSE:VEEV) Downgraded Amid Market Challenges
Financial Modeling Prep· 2025-12-12 04:08
Company Overview - Veeva Systems Inc. is a significant player in the cloud-based software industry, primarily serving the life sciences sector with solutions for customer relationship management, content management, and data analytics [1] - Competitors include Oracle and Salesforce, which also provide cloud-based solutions across various industries [1] Recent Performance - On December 11, 2025, KeyBanc downgraded Veeva Systems to a Sector Weight rating, with the stock priced at $229.47, amid a challenging period for the company [2] - Veeva's shares have declined by 22.8% over the past month, contrasting with a slight increase of 0.9% in the Zacks S&P 500 composite, indicating underperformance [2][6] - The Zacks Medical Info Systems industry, which includes Veeva, has faced a downturn with a loss of 9.3% during the same period [3] Market Metrics - Veeva's market capitalization is approximately $37.72 billion, reflecting its significant presence in the industry [4] - The stock has experienced a 52-week high of $310.50 and a low of $201.54, indicating considerable volatility [4] - Today's trading volume for VEEV is 1,521,286 shares, suggesting active investor engagement despite recent challenges [4][6] Investor Sentiment - Despite the recent downgrade and market performance, Veeva remains a trending stock on Zacks.com, indicating continued interest from investors [3][6] - Fundamental factors like earnings estimate revisions are crucial for long-term investment decisions, which investors should consider when evaluating Veeva's future prospects [5]
Ardent Health Inc (NYSE: ARDT) Downgraded by KeyBanc Following Earnings Miss
Financial Modeling Prep· 2025-11-17 15:06
Core Insights - Ardent Health Inc has been downgraded from Overweight to Sector Weight by KeyBanc due to disappointing earnings results [1][2] - The company reported a quarterly loss of 17 cents per share, missing the analyst consensus estimate of a profit of 41 cents per share [2] - Despite the earnings miss, quarterly sales reached $1.577 billion, exceeding expectations of $1.547 billion [2] Financial Performance - The FY2025 GAAP EPS guidance was reduced from a range of $1.73-$2.01 to $0.85-$1.03 following the earnings miss [2] - Positive trends were noted, including a 5.8% increase in admissions and a 2.9% rise in adjusted admissions [3] - Total surgeries increased by 1.4%, marking the first positive growth this year [3] - Revenue grew by 9% and adjusted EBITDA surged by 46% [3] Stock Performance - The current stock price for ARDT is $9.01, reflecting a decrease of 3.12% or $0.29 [4] - The stock has fluctuated between a low of $8.85 and a high of $9.35 today [4] - Over the past year, the stock reached a high of $17.34 and a low of $8.85, with a market capitalization of approximately $1.29 billion [4]
Denny's Corporation (NASDAQ:DENN) Financial Developments and Acquisition News
Financial Modeling Prep· 2025-11-04 16:15
Core Insights - Denny's Corporation is currently experiencing significant financial developments, including a price target set by Truist Financial at $6, indicating a potential upside of approximately 46% from its current trading price of $4.11 [1][5] - The company is undergoing a transition to be taken private in a $620 million deal, which values Denny's at $6.25 per share, including debt assumption [3][5] - An investigation by Halper Sadeh LLC is underway to assess the fairness of the proposed sale for Denny's shareholders [4] Market Context - The broader market is facing declines, influenced by Uber's failure to meet Q3 estimates, which has impacted several companies, including Denny's [2] - Despite the market downturn, Denny's stock has seen a 5.12% increase, with a trading range between $3.89 and $4.13, and a market capitalization of approximately $211.7 million [2][5] - The trading volume for Denny's on the NASDAQ exchange is reported at 1,118,310 shares, indicating active investor interest amid these developments [4]