GM Stock Forecast: Can GM be a leader in Autonomous Driving?

July 22, 2024
Levi FuThis GM Stock Forecast article was written by Levi FU – Financial Analyst at I Know First.

Summary

  • GM's 2023 Revenue Hits $171,842 Million, marking significant growth with a 10% increase in 2023 and a 23% surge in 2022, signaling recovering from Covid. 
  • GM invests $850 million in Cruise for 2024 to enhance autonomous technology and operational capabilities.
  • Discounted Cash Flow model estimates GM's stock value at $60.6 per share, indicating a 21.76% upside potential from the current price of $49.77.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

C Stock Forecast: Solid Company from the Finance Sector

July 15, 2024
Aiden ChalemThis C Stock Forecast article was written by Aiden Chalem – Financial Analyst at I Know First.

Summary

  • Citigroup reported an EPS of 1.75, beating the consensus by 0.48. Effective cost management strategies drove this strong performance. A focus on high-margin business segments also contributed, helping offset a slight year-over-year revenue decline of 1.60%.
  • In Q1 2024, Citigroup's revenue surged to $43.82 billion, driving gross profit to $21.10 billion. This turned operating income positive at $4.54 billion, reflecting the company's strong market presence and improved efficiency.
  • For the rest of the 2024 fiscal year, Citigroup stock will likely experience varied performance. With a current value of $50 per share, Citigroup (C) has a projected average target price of $63.09, reaching as high as $86 and as low as $43.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

MU Forecast: It’s All About the Bytes

July 9, 2024
Milana PapadopoulouThis MU Stock Forecast article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Highlights

  • Technical analysis suggests a bullish outlook for the MU stock
  • MU has a strong presence in the High Bandwidth Memory Sector
  • Analysts place MU’s target share price at $174 per share

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

AMZN Stock Forecast: An Extensive Look at Amazon Stock Over the Years

June 24, 2024
Aiden ChalemThis AMZN Stock Forecast article was written by Aiden Chalem – Financial Analyst at I Know First.

Summary

  • Looking into AMZN's stock profile, by still being a global leader in e-commerce and cloud computing, AMZN is showing a 12.54% YoY growth rate, and a reported FY2024Q1 revenue stood at $143.31 billion, with a growth rate of 12.53%. 
  • Outlook for AMZN in the upcoming years, by looking into a consensus price range between $144.05 and $189.77 in 2024, we expected Amazon to have moderate growth.
  • Boosting Amazon's AWS division operating margin with high profitability, which saw a 26.3% revenue increase to $12.06 billion.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

LRCX Stock Forecast: Embracing Double-Digit Growth

March 22, 2024
Meiru ZhongThis LRCX Stock Forecast article was written by Meiru Zhong – Financial Analyst at I Know First.

Summary

  • The decreased sales of wafer fabrication equipment (WFE) were mainly driven by the weakened customer demand, especially in the memory market, and trade restrictions on sales of specific products and services to China.
  • By the end of the December quarter of 2023, LRCX earned a total revenue of $3.76 billion, reduced by 28. 8%. Its system revenue dropped by 35.2% and customer support-related revenue decreased by 15.7% compared with the last December quarter.
  • The company differentiates products and services by focusing on multiple available market expansion opportunities and gets closer to customers by processing development capabilities near customers and manufacturing, including the Malaysia facility.
  • Lam Research has outperformed and remained resilient in spite of the slowing economy, as the revenue growth rate is almost double the growth rate expected by the World Semiconductor Trade Statistics.
  • DCF Values LRCX at $1,023, an upside potential of 8% compared with the stock price of $949.08 on March 20, 2024.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

MOD Stock Forecast: Keeping Cool

February 25, 2024
Milana PapadopoulouThis MOD Stock Forecast article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Highlights

  • MOD stock is in an uptrend and will likely continue increasing.
  • The 80/20 approach has brought operational improvements.
  • This is due to negative prospects for the Home Furnishing Industry and US Economic Growth.
  • The firm is in a favourable position to gain from sustainability trends.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

V Stock Forecast: Swiping into the Future.

December 18, 2023
Milana PapadopoulouThis V Stock Forecast article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Highlights

  • The stock has grown 23.69% since the beginning of 2023.
  • DCF valuation suggests the stock’s incremental price is $308.98, above the current market price.
  • The stock is a "Buy" in the short term and a "Strong Buy' in the long term.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles
Pages:1234567...49»