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AMD Recovers From 62% Value Wipeout, Faces Q1 Earnings Test: Can It Break Long-Term Resistance?
Benzinga· 2025-05-06 15:39
Group 1 - AMD is set to report its first-quarter earnings, with Wall Street expecting earnings per share of 94 cents and revenue of $7.13 billion [1] - The stock has increased by 20.27% over the past month, but is down 16.61% year to date and 35.43% from the previous year [1] - Between March 2024 and early April 2025, AMD lost 62% of its market capitalization, but signs of recovery are emerging [2] Group 2 - AMD stock is currently trading at $100.59, showing strong short-term momentum above its five-day, 20-day, and 50-day exponential moving averages [3] - The stock is below its 200-day simple moving average of $128.51, indicating a bearish long-term signal, although the MACD indicator is bullish at 0.24 [4] - The Relative Strength Index (RSI) is at 56.32, suggesting the stock is neither overbought nor oversold [4] Group 3 - Analysts have a consensus rating of "Buy" for AMD stock, with a price target of $143.60, indicating a potential upside of 26% [5] - Recent analyst calls average a price target of $125.67, suggesting an implied upside of 25.89% from current levels [5]
Palantir Smokes S&P 500 Peers With 393% Rally But Overheated Technicals Raise Red Flag Ahead Of Earnings
Benzinga· 2025-05-05 17:16
Core Insights - Palantir Technologies Inc is set to report its first-quarter earnings, with Wall Street expecting an EPS of 13 cents and revenues of $862.83 million [1] - The stock has experienced a significant increase of 392.98% over the past year and 65.29% year-to-date [1] Stock Performance - Palantir's current share price is $123.20, which is above its five-, 20-, and 50-day exponential moving averages, indicating a bullish short-term trend [2] - The 200-day simple moving average is at $64.91, showing the steepness of the recent rally [2] - The eight-day simple moving average is at $116.68, confirming bullish momentum, while the 20-day and 50-day simple moving averages are at $101.04 and $91.94, respectively [3] Technical Indicators - The Moving Average Convergence Divergence (MACD) indicator is at 8.86, suggesting that buying pressure remains strong [3] - The Relative Strength Index (RSI) has reached 71, indicating that the stock is in overbought territory, which may suggest a potential breather is needed [4] Analyst Ratings - The consensus analyst rating for Palantir stock is currently Neutral, with a price target of $69.76 [5] - Recent analyst ratings imply a potential downside of 37.3%, with an average price target of $76.67 [5]
McDonald's Technicals Show Appetite For More Gains Ahead Of Earnings
Benzinga· 2025-04-30 18:54
Core Viewpoint - McDonald's Corp is set to report its first-quarter earnings, with Wall Street expecting an EPS of $2.66 and revenues of $6.09 billion, indicating strong market anticipation for the results [1]. Group 1: Stock Performance - McDonald's stock has increased by 16.11% over the past year and 8.38% year-to-date, reflecting positive investor sentiment [1]. - The current stock price is $317.62, which is above the eight-day simple moving average (SMA) of $316.02, indicating near-term buying pressure [3]. - The stock remains above its 20-day, 50-day, and 200-day SMAs of $311.37, $308.90, and $294.77 respectively, suggesting continued bullish momentum over medium and long-term time frames [3]. Group 2: Technical Indicators - The Moving Average Convergence Divergence (MACD) indicator at 2.70 points to bullish momentum building, while the Relative Strength Index (RSI) of 57.21 indicates that the stock is in neutral territory, neither overbought nor oversold [4]. - The technical setup suggests a stable uptrend with potential for further upside [4]. Group 3: Analyst Ratings - The consensus analyst rating for McDonald's stock is currently a Buy, with a price target of $323.25, indicating a potential upside of 5.25% based on recent ratings from Barclays, Baird, and Citigroup [5]. - The average price target from analysts is $333.33, suggesting further growth potential for the stock [5].
Robinhood Stock Soars 199% In A Year - Can Q1 Earnings Keep The Rally Alive?
Benzinga· 2025-04-30 13:28
Core Viewpoint - Robinhood Markets Inc is set to report its first-quarter earnings, with Wall Street expecting an EPS of 33 cents and revenues of $922.53 million, indicating strong market anticipation for the company's performance [1]. Group 1: Stock Performance - HOOD stock has increased by 199.39% over the past year and 25.18% year-to-date, reflecting significant growth and investor interest [1]. - The stock is currently trading at $49.37, which is above its five, 20, and 50-day exponential moving averages, indicating solid upward momentum and buying pressure [2]. - The stock's position above its eight-day simple moving average (SMA) of $45.46, 20-day SMA of $42.31, and 50-day SMA of $44.31 confirms a bullish trend [2]. Group 2: Technical Indicators - HOOD remains above its 200-day simple moving average of $34.67, reinforcing the strength of the rally [3]. - The Moving Average Convergence Divergence (MACD) reading of 1.34 suggests that positive price momentum is still building [3]. - The Relative Strength Index (RSI) at 60.85 indicates that the stock is approaching overbought territory but has not yet entered it [3][4]. Group 3: Analyst Ratings and Price Targets - The consensus analyst rating for Robinhood stock is currently Overweight, with a price target of $62 per share [5]. - Recent analyst calls from Keybanc, JMP, and Barclays imply a potential upside of 15.43% for Robinhood stock, with an average price target of $56.67 [5]. - Robinhood stock closed at $49.37, up 0.90% on the trading day prior to the earnings report [5].
Qualcomm Stock Momentum Faces A Midweek Stress Test — Apple, Tariffs To Blame?
Benzinga· 2025-04-30 12:39
Group 1 - Qualcomm Inc. is set to report its second-quarter earnings, with Wall Street expecting an EPS of $2.81 and revenues of $10.65 billion [1][2] - The stock has declined by 11.44% over the past year and 4.40% year-to-date, yet it has outperformed the broader chip sector, which has seen declines of over 15% year-to-date for the iShares Semiconductor ETF and 14% for the VanEck Semiconductor ETF [1][2] - Analysts are particularly focused on the potential impact of renewed Trump-era tariffs and the expected phase-out of Qualcomm's modem chips by Apple Inc. [2] Group 2 - Technical indicators for Qualcomm stock show a mixed picture, with the stock currently at $146.88, indicating slight selling pressure but short-term momentum leaning bullish as it trades above its eight-day and 20-day simple moving averages [3] - Medium- to long-term signals are more cautious, as Qualcomm stock is below its 50-day simple moving average of $151.38 and its 200-day simple moving average of $163.63, indicating resistance and a broader downtrend [4] - The Moving Average Convergence Divergence (MACD) is at a negative 1.61, reinforcing a bearish undertone, while the Relative Strength Index (RSI) at 52.22 suggests a neutral stance [4] Group 3 - The consensus analyst rating for Qualcomm stock is currently a Buy, with a price target of $193.41 per share, indicating a potential upside of 10.39% [6] - Qualcomm stock closed at $146.88, down 0.50% on the trading day prior to the earnings report [6]
Intuitive Surgical Braces For Q1 Check-Up As Bears Crowd The Operating Room
Benzinga· 2025-04-22 16:09
Group 1 - Intuitive Surgical Inc (ISRG) is set to report its first-quarter earnings, with Wall Street expecting earnings per share of $1.72 and revenue of $2.19 billion [1] - The stock has experienced a 28.54% increase over the past year but has faced recent pressure, down 9.5% year to date and 8.77% over the past month [1] - Current stock price is $476.71, which is significantly below all major simple moving averages (SMA) including the 20-day SMA at $489.41 and the 50-day SMA at $523.70 [2][3] Group 2 - The Moving Average Convergence Divergence (MACD) is at a negative 10.71, and the Relative Strength Index (RSI) is at 44.18, indicating weak momentum and potential for further decline [3] - Analysts maintain a consensus rating of Buy for ISRG, with an average price target of $504.31, suggesting a potential upside of 32.02% based on recent bullish calls [5] - The stock was trading at $475.11 at the time of publication, indicating a need for a significant catalyst to reverse the current downtrend [5]
3M's Chart Looks Rough, But Wall Street's Still Betting On A Bounce Ahead Of Q1 Earnings
Benzinga· 2025-04-21 15:54
Core Viewpoint - 3M Co. is set to report its first-quarter earnings, with Wall Street expecting an EPS of $1.77 and revenue of $5.76 billion, marking the company's first quarterly update of 2025 [1] Group 1: Stock Performance - 3M stock has increased by 38.03% over the past year but has seen a decline of 1.43% year to date and a significant drop of 14.98% over the past month [1] - The current trading price of 3M stock is $130.22, which is below its short and medium-term moving averages [5][2] Group 2: Technical Indicators - The eight-day, 20-day, and 50-day simple moving averages are at $139.03, $140.20, and $128.86 respectively, indicating weakening momentum [2] - The Moving Average Convergence Divergence (MACD) indicator is at 1.53, suggesting bullish divergence and potential positive movement if earnings exceed expectations [3] - The Relative Strength Index (RSI) is at 43.32, approaching oversold territory, which may indicate a short-term bounce if supported by strong fundamentals [3] Group 3: Analyst Ratings and Price Targets - The consensus analyst rating for 3M stock is a Buy, with an average price target of $138.75 [4] - Recent calls from Citigroup, Barclays, and JPMorgan have raised the average target to $147.33, suggesting a potential upside of 15.33% from current levels [4]
Tesla Q1 Test Drive: Will Earnings Steer The Stock Out Of The Ditch?
Benzinga· 2025-04-21 13:04
Wall Street expects the company to report 41 cents per share earned on revenue of $21.35 billion for the quarter. Investors are watching closely to see if CEO Elon Musk can jolt the narrative around a slumping stock. The stock is up 69.93% over the past year but has crashed 36.36% year-to-date. Tesla Inc TSLA will report its first-quarter earnings on Tuesday after market hours. Technically, Tesla stock is in a strongly bearish trend, with the share price below the five, 20 and 50-day exponential moving aver ...
TSMC Triggers Death Cross As Trump Tariff Threats Add To Investor Concerns
Benzinga· 2025-04-10 19:15
Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) is facing significant technical and political challenges, leading to a bearish outlook for its stock performance [1][2][3]. Technical Indicators - TSMC shares have declined 25% year-to-date and 11% in the past month, falling below key moving averages, indicating a strong bearish trend [1]. - The Moving Average Convergence Divergence (MACD) is at a negative 9.07, and the Relative Strength Index (RSI) is at 37.85, suggesting the stock is nearing oversold conditions [2]. Political Environment - President Donald Trump has threatened TSMC with a 100% tax if it does not manufacture chips in the U.S., adding pressure on the company [2]. - TSMC has committed over $100 billion to build five factories in the U.S., in addition to a previous pledge of $65 billion, but market reactions remain lukewarm [3]. Investment Alternatives - Investors looking for safer exposure to the semiconductor sector may consider diversified ETFs such as SPDR S&P 500 ETF Trust (SPY), iShares Semiconductor ETF (SOXX), or VanEck Semiconductor ETF (SMH) to mitigate risks associated with individual stocks [4]. - Given the technical pressures and political scrutiny, TSMC shares are expected to face a challenging path, prompting investors to wait for signs of stability before re-engaging [4].
Riot Platforms Forms Death Cross As Bitcoin Volatility Adds Pressure
Benzinga· 2025-04-01 18:30
Riot Platforms Inc. RIOT just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average. While shares jumped 3.93% by early afternoon on Monday, the broader trend remains bearish – down 29.3% year to date and a 35.5% in the past year. Chart created using Benzinga Pro Read Also: Bitcoin Miners Core Scientific, Riot Platforms, CleanSpark, Iris Energy See Price Targets Slashed: Bernstein A Bearish Storm Brewing Technicals paint a ...