Markets and Business News Review http://feed.informer.com/digests/M5D9T8VNUL/feeder Markets and Business News Review Respective post owners and feed distributors Fri, 08 Nov 2013 08:21:40 -0500 Feed Informer http://feed.informer.com/ Eli Lilly (LLY) Stock Price Prediction and Forecast 2025-2030 https://247wallst.com/investing/2024/09/10/eli-lilly-lly-stock-price-prediction-and-forecast-2025-2030/ 24/7 Wall St. urn:uuid:eaedd2ef-e686-84df-e7d0-9df0f91d8a06 Tue, 10 Sep 2024 11:07:29 -0400 <p>Since the start of 2020, Eli Lilly’s (NYSE: LLY) stock price chart has been straight up and to the right, up 589.77% and currently trading at $911.95. The company has been around since 1876 and the stock didn’t go public until 1952 but in the last 4 years, Eli Lilly went from a $100 billion [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/eli-lilly-lly-stock-price-prediction-and-forecast-2025-2030/">Eli Lilly (LLY) Stock Price Prediction and Forecast 2025-2030</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p style="text-align: left;"><span style="font-weight: 400;">Since the start of 2020, Eli Lilly’s (</span><a href="https://247wallst.com/companies/lly/?tpid=1419132&amp;tv=link&amp;tc=in_content"><span style="font-weight: 400;">NYSE: LLY</span></a><span style="font-weight: 400;">) stock price chart has been straight up and to the right, up 589.77% and currently trading at $911.95.<br> </span></p> <p><span style="font-weight: 400;">The company has been around since 1876 and the stock didn’t go public until 1952 but in the last 4 years, Eli Lilly went from a $100 billion market capitalization to $740 billion today, which also <a href="https://247wallst.com/investing/2024/07/11/will-wall-street-darling-eli-lillys-stock-split-next/?tpid=1419132&amp;tv=link&amp;tc=in_content">makes it a potential stock split</a> stock. </span></p> <p><span style="font-weight: 400;">However, as investors, we care about the stock price years down the line and what Eli Lilly will do in the next 3 to 5 years and beyond. </span></p> <p><span style="font-weight: 400;">That is why 24/7 Wall Street looks at projected revenue and net income to give you our best estimate of future stock prices from 2025 to 2030. </span></p> <p><span style="font-weight: 400;">Other “experts” look at past growth rates and assign future stock prices to those past numbers. However, we will walk you through our assumptions and give you the key drivers we see propelling Eli Lilly’s stock in the future.</span></p> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry31-0VG.jpg" alt="" width="1366" height="767" data-caption="" data-id="1304882" data-credit="jetcityimage / iStock Editorial via Getty Images"></p> <h2>Recent Eli Lilly Stock Updates and News</h2> <p><strong>9/9/2024</strong></p> <p>Eli Lilly has appointed Lucas Montarce as executive vice president and chief financial officer, effective immediately, after a distinguished 23-year career with the company.</p> <p><strong>9/6/2024</strong></p> <p>Eli Lilly has partnered with the AI-driven drug discovery startup company, Genetic Leap. The partnership centers on developing new drugs, particularly those targeting RNA, which attempt to treat diseases at their genetic roots.</p> <p>The deal is valued at $409 million, with Genetic Leap receiving upfront payments, milestone payments, and tiered royalties. The aim is to expedite the drug development process by leveraging Genetic Leap’s AI technology, which helps to identify and address challenging drug targets that are difficult to treat with conventional methods.</p> <p><strong>9/5/2024</strong></p> <p>Eli Lilly announced positive results from two phase 3 clinical trials (QWINT-1 and QWINT-3), which evaluated a new once-weekly insulin called efsitora alfa (efsitora) for adults with type 2 diabetes. These results suggest that efsitora could be a promising new treatment option for people with type 2 diabetes who need insulin. If approved, efsitora would offer the convenience of once-weekly dosing compared to the daily injections of traditional insulin.</p> <p><strong>9/4/2024 </strong></p> <p>Eli Lilly has joined forces with QIAGEN to develop a test called QIAstat-Dx to detect APOE genotypes, which are related to Alzheimer’s disease. If this test is successful, it will be the first commercially available test for APOE genotyping.</p> <p><strong>9/3/2024</strong></p> <p>Novo Nordisk is experiencing a shortage of its diabetes drug, Ozempic, which is projected to persist into the fourth quarter. This is good news for Eli Lilly, which recently announced that supply constraints for Mounjaro and Zepbound have begun to ease.</p> <h2><b>Eli Lilly’s Recent Stock Success </b></h2> <p><span style="font-weight: 400;">How did Eli Lilly’s stock price soar so much in the past few years? Let’s take a look at the numbers: </span></p> <table style="border-collapse: collapse; width: 45.0161%;"> <tbody> <tr> <td style="width: 9.111%;"></td> <td style="width: 11.1286%;">Share Price</td> <td style="width: 11.2547%;">Revenues*</td> <td style="width: 14.8081%;">Net Income*</td> </tr> <tr> <td style="width: 9.111%;">2016</td> <td style="width: 11.1286%; text-align: center;">$80.36</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" width="64" height="25">$21.22</td> <td style="width: 14.8081%; text-align: center;" width="64">$2.74</td> </tr> <tr> <td style="width: 9.111%;">2017</td> <td style="width: 11.1286%; text-align: center;">$77.55</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" height="25">$19.94</td> <td style="width: 14.8081%; text-align: center;">($0.21)</td> </tr> <tr> <td style="width: 9.111%;">2018</td> <td style="width: 11.1286%; text-align: center;">$122.13</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" height="25">$21.49</td> <td style="width: 14.8081%; text-align: center;">$3.23</td> </tr> <tr> <td style="width: 9.111%;">2019</td> <td style="width: 11.1286%; text-align: center;">$140.83</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" height="25">$22.32</td> <td style="width: 14.8081%; text-align: center;">$8.32</td> </tr> <tr> <td style="width: 9.111%;">2020</td> <td style="width: 11.1286%; text-align: center;">$206.46</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" height="25">$24.54</td> <td style="width: 14.8081%; text-align: center;">$6.19</td> </tr> <tr> <td style="width: 9.111%;">2021</td> <td style="width: 11.1286%; text-align: center;">$238.31</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" height="25">$28.32</td> <td style="width: 14.8081%; text-align: center;">$5.58</td> </tr> <tr> <td style="width: 9.111%;">2022</td> <td style="width: 11.1286%; text-align: center;">329.07</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" height="25">$28.54</td> <td style="width: 14.8081%; text-align: center;">$6.25</td> </tr> <tr> <td style="width: 9.111%;">2023</td> <td style="width: 11.1286%; text-align: center;">$745.91</td> <td class="xl65" style="height: 18.75pt; width: 11.2547%; text-align: center;" align="right" height="25">$34.12</td> <td style="width: 14.8081%; text-align: center;">$5.24</td> </tr> </tbody> </table> <p><span style="font-weight: 400; font-size: 10pt;">*Revenue and Net Income in Billions</span></p> <p><span style="font-weight: 400;">Since 2016, Eli Lilly’s revenue grew by 60% but income grew by 91%. Typically you wouldn’t expect a company growing at its top line by 7% annually to see an 828% increase in share price, however, investor sentiment for the next line of drugs front ran the stock price. </span></p> <p><span style="font-weight: 400;">For example, in 2016 Eli Lilly was trading 13 times the trailing 12 months earnings and the market has increased its valuation each year and currently trades at a 125 times earnings multiple. </span></p> <p><span style="font-weight: 400;">This raises the valid question, is Eli Lilly overvalued or will future revenues make up for the expensive valuation? </span></p> <h2><b>3 Key Drivers of Eli Lilly Stock</b></h2> <ol> <li style="font-weight: 400;" aria-level="1"><b>Innovated Drug Pipeline</b><span style="font-weight: 400;">: The current drug pipeline is loaded with several very high-potential drugs in development. Mounjaro, Zepbound, and Jardiance in the cardiometabolic category, Taltz in immunology, and Verzenio in oncology are the future of Eli Lilly’s growth. While the aforementioned are the safer bets, the company has a handful of other drugs that could hold blockbuster potential.  </span></li> <li style="font-weight: 400;" aria-level="1"><b>Strategic Acquisitions</b><span style="font-weight: 400;">:  The acquisition of Morphic, with its promising drug candidate MORF-057, is a testament to Lilly’s strategic vision. This drug, if successful in late-stage trials, could become a major success in the treatment of inflammatory bowel disease (IBD). Lilly’s focus on acquiring mid-sized companies (13 since 2020) with promising pipelines has bolstered its own research and development efforts, positioning it well for future growth.</span></li> <li style="font-weight: 400;" aria-level="1"><b>Operational Efficiency: </b><span style="font-weight: 400;">With a sound balance sheet, Eli Lilly should continue to improve operational efficiency and manage costs to have net income growth rates above revenue growth.</span></li> </ol> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2021/11/imageForEntry14-5mH.jpg" alt="" width="1366" height="767" data-caption="" data-id="1003240" data-credit="pasa / Flickr" data-ccinfo="{&amp;quot;licenseUrl&amp;quot;:&amp;quot;https://creativecommons.org/licenses/by/2.0/&amp;quot;,&amp;quot;licenseText&amp;quot;:&amp;quot;CC BY 2.0&amp;quot;,&amp;quot;imgTitle&amp;quot;:&amp;quot;Eli Lilly &amp;amp; Company 2&amp;quot;,&amp;quot;photoUrl&amp;quot;:&amp;quot;https://www.flickr.com/photos/pasa/5469618669/&amp;quot;,&amp;quot;authorUrl&amp;quot;:&amp;quot;https://www.flickr.com/people/pasa/&amp;quot;,&amp;quot;authorName&amp;quot;:&amp;quot;Paul Sableman&amp;quot;,&amp;quot;imgSrc&amp;quot;:&amp;quot;https://live.staticflickr.com/5298/5469618669_c2761fa1d4_o.jpg&amp;quot;}"></p> <h2><b>Eli Lilly (LLY) Stock Price Prediction in 2025</b></h2> <p>The current Wall Street consensus 1-year target of Eli Lilly stock is $898, which is 1.53% lower than today’s price of $911.95. <span style="font-weight: 400;">Of the 26 analysts covering Eli Lilly stock, the current rating is 1.71 or “Outperform” with 1-year price targets as high as $1,100 and as low as $540.00. </span></p> <p><b>24/7 Wall Street</b><span style="font-weight: 400;"> sets its 1-year price target at $1,040. Taking a look at the sum of its parts, we see Eli Lilly’s vertices valued as follows:</span></p> <table style="border-collapse: collapse; width: 43.1268%;"> <tbody> <tr> <td style="width: 6.04125%;">Endocrinology</td> <td style="width: 25.761%;">$735/ share</td> </tr> <tr> <td style="width: 6.04125%;">Oncology</td> <td style="width: 25.761%;">$122/ Share</td> </tr> <tr> <td style="width: 6.04125%;">Cardiovascular</td> <td style="width: 25.761%;">$4/ Share</td> </tr> <tr> <td style="width: 6.04125%;">Neuroscience</td> <td style="width: 25.761%;">$16/ Share</td> </tr> <tr> <td style="width: 6.04125%;">Immunology</td> <td style="width: 25.761%;">$38/ Share</td> </tr> <tr> <td style="width: 6.04125%;">Others and Pipeline</td> <td style="width: 25.761%;">$110/ Share</td> </tr> <tr> <td style="width: 6.04125%;">Cash</td> <td style="width: 25.761%;">$17/ Share</td> </tr> </tbody> </table> <h2><b>Eli Lilly’s Share Price Estimates 2025-2030</b></h2> <p>Valuing Eli Lilly’s stock price for the coming years, we will take a look at expected revenue and net income and give our best estimate of the market value of the company by assigning a price-to-earnings multiple.</p> <table style="border-collapse: collapse; width: 54.9792%;"> <tbody> <tr style="height: 18.75pt;"> <td style="height: 18.75pt; width: 11.2232%; text-align: center;" align="right" width="64" height="25"></td> <td style="width: 15.0063%; text-align: center;" width="64"><strong>Revenue</strong></td> <td style="width: 17.2763%; text-align: center;" width="64"><strong>Net Income</strong></td> <td style="width: 9.32011%; text-align: center;" width="64"><strong>EPS</strong></td> </tr> <tr style="height: 18.75pt;"> <td style="height: 18.75pt; width: 11.2232%; text-align: center;" align="right" height="25"><strong>2025</strong></td> <td style="width: 15.0063%; text-align: center;" align="right">$52.8</td> <td style="width: 17.2763%; text-align: center;" align="right">$17.29</td> <td style="width: 9.32011%; text-align: center;" align="right">19.11</td> </tr> <tr style="height: 18.75pt;"> <td style="height: 18.75pt; width: 11.2232%; text-align: center;" align="right" height="25"><strong>2026</strong></td> <td style="width: 15.0063%; text-align: center;" align="right">$62.5</td> <td style="width: 17.2763%; text-align: center;" align="right">$22.49</td> <td style="width: 9.32011%; text-align: center;" align="right">25.03</td> </tr> <tr style="height: 18.75pt;"> <td style="height: 18.75pt; width: 11.2232%; text-align: center;" align="right" height="25"><strong>2027</strong></td> <td style="width: 15.0063%; text-align: center;" align="right">$70.87</td> <td style="width: 17.2763%; text-align: center;" align="right">$27.12</td> <td style="width: 9.32011%; text-align: center;" align="right">30.39</td> </tr> <tr style="height: 18.75pt;"> <td style="height: 18.75pt; width: 11.2232%; text-align: center;" align="right" height="25"><strong>2028</strong></td> <td style="width: 15.0063%; text-align: center;" align="right">$80.68</td> <td style="width: 17.2763%; text-align: center;" align="right">$32.2</td> <td style="width: 9.32011%; text-align: center;" align="right">25.97</td> </tr> <tr style="height: 15.0pt;"> <td style="height: 15pt; width: 11.2232%; text-align: center;" align="right" height="20"><strong>2029</strong></td> <td style="width: 15.0063%; text-align: center;" align="right">$87.99</td> <td style="width: 17.2763%; text-align: center;" align="right">$36.45</td> <td style="width: 9.32011%; text-align: center;" align="right">40.58</td> </tr> <tr style="height: 15.0pt;"> <td style="height: 15pt; width: 11.2232%; text-align: center;" align="right" height="20"><strong>2030</strong></td> <td style="width: 15.0063%; text-align: center;" align="right">$96.67</td> <td style="width: 17.2763%; text-align: center;" align="right">$41.12</td> <td style="width: 9.32011%; text-align: center;" align="right">46.29</td> </tr> </tbody> </table> <p><span style="font-weight: 400; font-size: 10pt;">*Revenue and net income reported in billions </span></p> <p><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/09/2024-9-10-LLY-Stock-Price.png" alt="" width="1600" height="901" data-caption="" data-id="1434634" data-credit="24/7 Wall Street"></p> <h2>How Eli Lilly’s Next 5 Years Could Play Out</h2> <p>We expect Eli Lilly’s P/E ratio in 2025 to be 60 with an EPS of $19.11, resulting in a price target of $1140.00 This prediction is based on strong revenue growth of 18.37% to $52.80 billion and net income expansion to $17.29 billion, continuing the upward trajectory from previous years.</p> <p>For 2026, we anticipate a P/E ratio of 50 with an EPS of $25.03, leading to a price target of $1251.50. This reflects significant revenue growth of 18.37% to $62.50 billion and an increase in net income to $22.49 billion, driving higher earnings per share.</p> <p>Heading into 2027, we project the P/E ratio to remain at 50, with EPS increasing to $30.39. This results in a price target of $1519.50. Continued revenue growth of 13.39% to $70.87 billion and net income expansion to $27.12 billion justifies this substantial increase in stock price.</p> <p>With an EPS of $25.97 and a P/E ratio of 50 in 2028, we forecast the stock price to be $1298.50. A slight dip in EPS growth is expected, but sustained strong performance in net income to $32.20 billion and revenue growth of 13.84% to $80.68 billion keeps the stock highly valued.</p> <p>By 2029, we estimate Eli Lilly’s EPS to rise to $40.58, with the P/E ratio adjusting to 40. This gives us a price target of $1623.20. The continuous revenue growth of 9.06% to $87.99 billion and net income expansion to $36.45 billion supports this higher valuation.</p> <h2>Eli Lilly Stocks Price Target for 2030</h2> <p><strong>Price Target:</strong> $1850.00<br> <strong>Upside:</strong> 102.86%<br> By 2030, we estimate Eli Lilly’s EPS to rise to $46.29, with the P/E ratio adjusting to 40. This gives us a price target of $1851.60. The continuous revenue growth of 9.86% to $96.67 billion and net income expansion to $41.12 billion supports this higher valuation.</p> <table style="border-collapse: collapse; width: 45.3972%; height: 384px;"> <tbody> <tr style="height: 96px;"> <th style="width: 10.5927%; height: 96px;">Year</th> <th style="width: 4.58622%; height: 96px;">Price Target</th> <th style="width: 15.5436%; height: 96px;">% Change From Current Price</th> </tr> <tr style="height: 48px;"> <td style="width: 10.5927%; height: 48px;">2025</td> <td style="width: 4.58622%; height: 48px;">$1140.00</td> <td style="width: 15.5436%; height: 48px;">Upside of 25.01%</td> </tr> <tr style="height: 48px;"> <td style="width: 10.5927%; height: 48px;">2026</td> <td style="width: 4.58622%; height: 48px;">$1250.00</td> <td style="width: 15.5436%; height: 48px;">Upside of 37.07%</td> </tr> <tr style="height: 48px;"> <td style="width: 10.5927%; height: 48px;">2027</td> <td style="width: 4.58622%; height: 48px;">$1520.00</td> <td style="width: 15.5436%; height: 48px;">Upside of 66.68%</td> </tr> <tr style="height: 48px;"> <td style="width: 10.5927%; height: 48px;">2028</td> <td style="width: 4.58622%; height: 48px;">$1300.00</td> <td style="width: 15.5436%; height: 48px;">Upside of 42.55%</td> </tr> <tr style="height: 48px;"> <td style="width: 10.5927%; height: 48px;">2029</td> <td style="width: 4.58622%; height: 48px;">$1623.00</td> <td style="width: 15.5436%; height: 48px;">Upside of 77.97%</td> </tr> <tr style="height: 48px;"> <td style="width: 10.5927%; height: 48px;">2030</td> <td style="width: 4.58622%; height: 48px;">$180.00</td> <td style="width: 15.5436%; height: 48px;">Upside of 102.86%</td> </tr> </tbody> </table> <p> </p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="668f0dff615da" data-site="247wallst" data-link="" data-campaign-name="the_next_nvidia_landing" data-utm-source="atom" data-utm-campaign="the_next_nvidia_landing" data-utm-term="article_feed"> <h2>“The Next NVIDIA” Could Change Your Life</h2> <p>If you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.</p> <p>The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”</p> <p><a href="https://247wallst.com/discover-the-next-nvidia/?utm_campaign=the_next_nvidia_landing&amp;utm_source=atom&amp;utm_content=desktop%7Celi-lilly-lly-stock-price-prediction-and-forecast-2025-2030%7C1419132&amp;utm_term=article_feed&amp;utm_medium=eoaCTALink&amp;tc=in_content&amp;tpid=1419132&amp;tv=link" target="_blank" rel="noopener">Click here</a> to download your FREE copy.</p> </div> <p>The post <a href="https://247wallst.com/investing/2024/09/10/eli-lilly-lly-stock-price-prediction-and-forecast-2025-2030/">Eli Lilly (LLY) Stock Price Prediction and Forecast 2025-2030</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> Investing Joel South Goldman Sachs CEO says bond and currency trading is down 10% in the current quarter from a year ago https://www.marketwatch.com/story/goldman-sachs-ceo-says-bond-and-currency-trading-is-down-10-in-the-current-quarter-from-a-year-ago-f8640b8c?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:29ab3b58-8ac9-9588-67d5-8db96a2144e9 Tue, 10 Sep 2024 11:05:00 -0400 JPMorgan stock also falls on drop in activity in the current quarter, mostly due to weak bond trading. 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Kenny Holston/The New York Times Rivian (RIVN) Price Prediction and Forecast 2025-2030 https://247wallst.com/investing/2024/09/10/rivian-price-prediction-and-forecast/ 24/7 Wall St. urn:uuid:b4e440ca-a294-2fb2-e4b0-87e9f624385e Tue, 10 Sep 2024 11:02:40 -0400 <p>Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of trading. The cash infusion was a much-needed lifeline for Rivian, with $3.7 billion in operating expenses in 2021 and only delivering 920 vehicles. The company also [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/rivian-price-prediction-and-forecast/">Rivian (RIVN) Price Prediction and Forecast 2025-2030</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p>Electric vehicle maker <strong>Rivian Automotive</strong> (<a href="https://247wallst.com/companies/rivn/?tpid=1415710&amp;tv=link&amp;tc=in_content">NASDAQ: RIVN</a>) IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of trading.</p> <p>The cash infusion was a much-needed lifeline for Rivian, with $3.7 billion in operating expenses in 2021 and only delivering 920 vehicles. The company also had backers in <strong>Amazon (<a href="https://247wallst.com/companies/amzn/?tpid=1415710&amp;tv=link&amp;tc=in_content">NASDAQ: AMZN</a>)</strong> and <strong>Ford (<a href="https://247wallst.com/companies/f/?tpid=1415710&amp;tv=link&amp;tc=in_content">NYSE:F</a>)</strong>, who held 260 million shares of Rivian collectively at IPO.</p> <p>But as the COVID lockdown investing frenzy died out, it left an SUV-sized hole in Rivian’s stock price, currently trading for $13.18 per share, down 83.10% since its IPO 3 years earlier.</p> <p><strong>24/7 Wall Street </strong>aims to provide readers with our assumptions about the stock prospects going forward, what growth we see in Rivian for the next several years, and what our best estimates are for Rivian’s stock price each year through 2030.</p> <h2><strong>Key Points in this Article: </strong></h2> <ul> <li>Key growth drivers include cost reduction in EV components and increased production capacity, targeting profitability by 2027.</li> <li>Rivian aims to cut material costs by 45% with the introduction of its Gen 2 platform by 2026.</li> <li>If you’re looking for a megatrend with massive potential, make sure to grab a complimentary <a href="https://247wallst.com/discover-the-next-nvidia?tpid=1415710&amp;tv=link&amp;tc=keypoints" data-google-interstitial="false">copy of our “The Next NVIDIA” report</a>. The report includes a complete industry map of AI investments that includes many small caps.</li> </ul> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2023/11/Nissan.jpg" alt="" width="1366" height="768" data-caption="" data-id="1329923" data-credit="Spencer Platt / Getty Images"></p> <h2>Recent Rivian Stock Updates and News</h2> <p><strong>9/9/2024</strong></p> <p>Volkswagen’s $5 billion joint venture with Rivian to develop software for both companies has caused unrest within VW’s software division, Cariad, which has been struggling with budget overruns and delays. This partnership highlights the shift in focus from hardware to software in the auto industry, while raising concerns among employees and union leaders over governance, the division’s future, and VW’s ability to adapt to modern consumer demands.</p> <p><strong>9/6/2024</strong></p> <p>In a recent interview on the “Grit” podcast, Rivian CEO RJ Scaringe acknowledged that Telsa has been a significant source of inspiration for Rivian. However, he explained that it was important for Rivian to differentiate from Tesla, particularly in terms of product offerings and market positioning. Early on Scaringe made the intentional decision to shift away from a sports car focus, aiming to create a unique identity and contribute to a broader shift in sustainable transportation.</p> <p><strong>9/5/2024</strong></p> <p>Rivian will be participating in Morgan Stanley’s 12th Annual Laguna Conference on September 11th. The company’s CEO RJ Scaringe will discuss the company’s strategies and outlook, which will also be available in a live webcast.</p> <p><strong>9/3/2024</strong></p> <p>Earlier this year, Volkswagen committed to investing up to $5 billion in Rivian, starting with an initial $1 billion. However, some investors are wary after Elon Musk — CEO of Rivian’s competitor, Tesla — expressed his own doubts about the endeavor.</p> <p><strong>9/3/2024</strong></p> <p>The EV market has been facing many challenges recently, and investing in EV stocks can be risky due to intense competition. However, Rivian’s stock is currently rated highly by analysts. Based on 23 reviews, it has an average brokerage rating of 2.00 with 12 analysts rating Rivian as a “Strong Buy”.</p> <h2><b>Life and Business are Not Easy For an Automotive Start-Up  </b></h2> <p>The following is a table of Rivian’s revenues, operating income, and share price for the first few years as a public company.</p> <p><span style="font-weight: 400;">Here’s a table summarizing performance in share price, revenues, and profits (net income) from 2014 to 2018.</span></p> <table style="border-collapse: collapse; width: 100%;"> <tbody> <tr> <td style="width: 25%;"></td> <td style="width: 24.9084%; height: 24px;"><b>Share Price<br> (End of Year) </b></td> <td style="width: 24.9084%; height: 24px;"><b>Revenues </b></td> <td style="width: 24.9084%; height: 24px;"><b>Operating Income</b></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2021</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$50.24</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$55.0</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">($4,220.0)</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2022</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$19.30</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$1,658.0</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">($6,856.0)</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2023</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$10.70</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$4,434.0</span></td> <td style="width: 24.9084%; height: 24px;">($5,739.0)</td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">TTM</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$15.35</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$4,997.0</span></td> <td style="width: 24.9084%; height: 24px;">(5,790.0)</td> </tr> </tbody> </table> <p><span style="font-size: 8pt;">Revenue and net income in $millions</span></p> <p>Now let’s take a look at Tesla in the first few years it manufactured and sold the Model S (the official launch of the Model S was June 22, 2012).</p> <table style="border-collapse: collapse; width: 100%; height: 144px;"> <tbody> <tr style="height: 48px;"> <td style="width: 25%; height: 48px;"></td> <td style="width: 24.9084%; height: 48px;"><b>Share Price<br> (End of Year) </b></td> <td style="width: 24.9084%; height: 48px;"><b>Revenues </b></td> <td style="width: 24.9084%; height: 48px;"><b>Operating Income</b></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2011</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$2.24</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$204.2</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">($251.5)</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2012</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$2.25</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$413.3</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">($394.3)</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2013</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$16.87</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$2,013.5</span></td> <td style="width: 24.9084%; height: 24px;">($61.3)</td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2014</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$13.81</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$3,198.4</span></td> <td style="width: 24.9084%; height: 24px;">($186.7)</td> </tr> </tbody> </table> <p>While revenue growth for both firms after launching their first mass-market vehicles is similar, Tesla’s operating expenses were much more favorable, particularly around SG&amp;A and R&amp;D expenses.</p> <p>Elon Musk, Tesla’s CEO,  has always been a proponent of word-of-mouth marketing and a hawkish approach to minimizing product costs, allowing his company to stay afloat while moving to new lines of automobiles.</p> <p>The biggest question facing Rivian investors today is, can they lower costs, and when will positive net income be realized?</p> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2023/10/Rivian-R1S-Nashville-Showroom-scaled.jpg" alt="Rivian R1S exterior front -- in Nashville TN showroom" width="1920" height="2560" data-caption="" data-id="1325070" data-credit="Flywheel Publishing"></p> <h2><b>Key Drivers of Rivian’s Future Stock Performance</b></h2> <ul> <li aria-level="1"><strong>EV Technology and Cost Curves</strong>:  Rivian’s next generation (G2) R1 vehicles are designed for performance upgrades while at the same time reducing component costs. For example, the number of electronic components will be reduced by 60%, over 60 parts will be eliminated, the compact motor will be redesigned, and close to 2000 connections or welds will be removed. These changes alone are expected to drop materials costs by 20% and speed up the assembly line by 30%. Looking into the back half of 2026, Rivian sees a material cost reduction of 45% for the R2 line of vehicles. Rivian is also investing in enhanced advanced driver assistance systems with improved cameras, radar, and NVIDIA-powered computing power, creating highway assist and 360-degree visibility.</li> <li aria-level="1"><strong>Electric Vehicle Demand and Incentives: </strong>Rivian is currently delivering around 13 thousand vehicles per quarter, which is above analyst estimates, and producing 9 thousand new G2 vehicles per quarter, which keeps it on pace to produce 57,000 units in 2024. The total plant capacity is 215,000 vehicles with expansion plans of 400,000 additional vehicles in Georgia.</li> <li aria-level="1"><strong>Management’s Path to Profits: </strong>Rivian also expects profitability from the R1 platform through premium configurations and scale benefits. The company targets positive adjusted EBITDA by 2027, with long-term goals of 25%  gross margin, high teens adjusted EBITDA margin, and 10% FCF margin <ul> <li aria-level="1"><strong>Material cost Reduction</strong>: The introduction of the Gen 2 platform and commercial cost downs are expected to reduce material costs by ~20%.</li> <li aria-level="1"><strong>Fixed Cost Reduction</strong>: Improved labor and overhead costs, reduced depreciation, and lower LCNRV charges due to a 30% increase in production line rate and design changes.</li> <li aria-level="1"><strong>Increased Revenue from Credits: </strong>Strong demand for regulatory credits, with over $200 million contracted for FY24.</li> </ul> </li> </ul> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry6-ary.jpg" alt="" width="1366" height="767" data-caption="" data-id="1247623" data-credit="gerenme / E+ via Getty Images"></p> <h2><b>Rivian (RIVN) Stock vs. Tesla Stock: Why Rivian Receives Different Treatment</b></h2> <p>Taking a historic look at pricing Rivian stock would start by comparing the sales multiples Tesla received in 2012 to 2015 when the Model S scaled. Tesla was feeling the weight of expansion and keeping its debt load manageable and the market-priced Tesla stock was close to 10x sales.</p> <p>While Rivian is in a similar situation, albeit with more debt and higher expanses, the market is only valuing the stock at under 3 times sales. Let’s take a look at why that is the case.</p> <ul> <li><strong>Market Position and Brand Recognition</strong>: <ul> <li><strong>Tesla</strong>: By 2011-2015, Tesla had already established itself as a leading innovator in the electric vehicle (EV) market, with significant brand recognition and a first-mover advantage.</li> <li><strong>Rivian</strong>: Rivian is relatively new to the market and still building its brand and market position.</li> </ul> </li> <li><strong>Production and Sales Volumes</strong>: <ul> <li><strong>Tesla</strong>: From 2011-2015, Tesla ramped up production and sales, particularly with the Model S, which was gaining popularity and market traction.</li> <li><strong>Rivian</strong>: Rivian is still in the early stages of production, with limited sales volumes compared to Tesla’s growth phase.</li> </ul> </li> <li><strong>Investor Expectations and Sentiment</strong>: <ul> <li><strong>Tesla</strong>: Investors had high expectations for Tesla’s future growth and disruptive potential in the auto industry, leading to higher valuation multiples.</li> <li><strong>Rivian</strong>: While Rivian has potential, it has not yet demonstrated the same level of market disruption or growth trajectory that Tesla did during its comparable early years.</li> </ul> </li> <li><strong>Competitive Landscape</strong>: <ul> <li><strong>Tesla</strong>: Had fewer direct competitors in the EV space during its early years, allowing for a larger market share and higher investor confidence.</li> <li><strong>Rivian</strong>: Faces more competition from established automakers entering the EV market and other new entrants, impacting its relative valuation.</li> </ul> </li> </ul> <h2><b>Rivian(RIVN) Stock Forecast Through 2030 </b></h2> <table style="border-collapse: collapse; width: 60.2552%; height: 212px;"> <tbody> <tr> <td style="width: 10.8059%;"><span style="font-weight: 400;">Year</span></td> <td style="width: 10.9214%;"><span style="font-weight: 400;">Revenue</span></td> <td style="width: 23.694%;"><span style="font-weight: 400;">Shares Outstanding</span></td> <td style="width: 14.4688%;"><span style="font-weight: 400;">P/S Est. </span></td> </tr> <tr> <td style="width: 10.8059%;">2025</td> <td style="width: 10.9214%;">$6,680.64</td> <td style="width: 23.694%;">978 mm</td> <td style="width: 14.4688%;">2x</td> </tr> <tr> <td style="width: 10.8059%;">2026</td> <td style="width: 10.9214%;">$10,675.45</td> <td style="width: 23.694%;">978 mm</td> <td style="width: 14.4688%;">2x</td> </tr> <tr> <td style="width: 10.8059%;">2027</td> <td style="width: 10.9214%;">$16,491.69</td> <td style="width: 23.694%;">978 mm</td> <td style="width: 14.4688%;">2.5x</td> </tr> <tr> <td style="width: 10.8059%;">2028</td> <td style="width: 10.9214%;">$25,124.38</td> <td style="width: 23.694%;">978 mm</td> <td style="width: 14.4688%;">2.5x</td> </tr> <tr> <td style="width: 10.8059%;">2029</td> <td style="width: 10.9214%;">$37,538.90</td> <td style="width: 23.694%;">978 mm</td> <td style="width: 14.4688%;">2.5x</td> </tr> <tr> <td style="width: 10.8059%;">2030</td> <td style="width: 10.9214%;">$49,394.84</td> <td style="width: 23.694%;">978 mm</td> <td style="width: 14.4688%;">2.75x</td> </tr> </tbody> </table> <p><span style="font-size: 8pt;">Revenue in $millions</span></p> <h2><b>Rivian Share Price Estimates 2025-2030</b></h2> <p><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/09/2024-9-10-RIVN-Stock-Price.png" alt="" width="1600" height="900" data-caption="" data-id="1434625" data-credit="24/7 Wall Street"></p> <h2>How Rivian’s Next 5 Years Could Play Out</h2> <p>Wall Street analysts have Rivian’s stock price over the next year to be $17.54 which gives the stock a 33.08% upside over today’s price. Of the 28 analysts covering the stock, the consensus recommendation is a 2.1 ‘Outperform’ Score.</p> <p>We expect to see strong revenue growth of 60% for 2025 and a price-to-sales multiple of 2x, which puts our price target at $21.82.</p> <p>Going into 2026, we estimate the price to be $33.72, with another strong 50%+ revenue bump. However, with EBITDA still well in the negative, we see the market not rewarding the stock as much and giving it a lower valuation multiple.</p> <p>Heading into 2027, we expect the stock price increase to leap forward to $64.30 with another strong 50%+ revenue growth year-over-year. That is a 97% year-over-year gain and up 387.87% from today’s stock price.</p> <p>When predicting more than 3 years out, we expect Rivian’s P/S ratio in 2028 to be 2.5x and top line growth of 50%. In 2028, we have Rivian’s revenue coming in around $25 billion, suggesting a stock price estimate at $95.00 or a gain of 620.81% over the current stock price.</p> <p>24/7 Wall Street expects Rivian’s stock to continue its revenue growth and to generate $37 billion in revenue. The stock price in 2029 is estimated at $127.00, or a gain of 863.60% over today’s price.</p> <h2>Rivian Stocks Price Target for 2030</h2> <p>We estimate Rivian’s stock price to be $140.00 per share. Our estimated stock price will be 962.24% higher than the current stock price of $13.18.</p> <table style="width: 64.0899%; height: 363px;"> <tbody> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">Year</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">Price Target</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">% Change From Current Price </span></td> </tr> <tr style="height: 23px;"> <td style="width: 18.199%; height: 23px;"><span style="font-weight: 400;">2024</span></td> <td style="width: 30.954%; height: 23px;"><span style="font-weight: 400;">$17.51</span></td> <td style="width: 223.49%; height: 23px;"><span style="font-weight: 400;">Upside of  32.86%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2025</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$22.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 66.92%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2026</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$34.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 157.97%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2027</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$64.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 385.60%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2028</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$95.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 620.81%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2029</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$127.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 863.60%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2030</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$140.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 962.24%</span></td> </tr> </tbody> </table> <p> </p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="65a5b52ec8a55" data-site="247wallst" data-link="" data-campaign-name="wall_retireearly" data-utm-source="247wallst" data-utm-campaign="wall_retireearly" data-utm-term="247wallst"> <div id="smartasset" style="margin-bottom: 1em; margin-top: 1em;"> <h2><b>Want to Retire Early? 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Microsoft stock has been a millionaire maker for decades, with a stock split-adjusted IPO price of $0.14, which means at today’s [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/microsoft-msft-price-prediction-and-forecast/">Microsoft (MSFT) Price Prediction and Forecast 2025-2030</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p>Everyone knows <strong>Microsoft</strong> (<a href="https://247wallst.com/companies/msft/?tpid=1415282&amp;tv=link&amp;tc=in_content">NASDAQ: MSFT</a>) and its best-known products, including the Windows operating system and Microsoft 365 suite of productivity apps, but its growing cloud computing platform, Azure, is the future of the company.</p> <p>Microsoft stock has been a millionaire maker for decades, with a stock split-adjusted IPO price of $0.14, which means at today’s stock price of $407.21, the stock is up 418409.76%. That would have turned a $1000 investment at Microsoft’s IPO into $4.19 million today.</p> <p>As one of the most valuable companies in the world, the only thing investors focus on is what the stock will do over the coming years. Wall Street analysts only go as far as 1 year out when giving a stock prediction. But long-term investors want to know where Microsoft might be several years down the road.</p> <p><strong>24/7 Wall Street</strong> aims to give you our assumptions on the stock and provide our insights around the numbers coming from Microsoft and which markets the company is operating in that are most exciting to us.</p> <h2>Key Points in this Article:</h2> <ul> <li>Key growth drivers: Azure cloud services, productivity software, and LinkedIn dominate Microsoft’s future potential.</li> <li>Microsoft’s acquisition of Activision boosts its gaming segment, enhancing its competitive edge in the personal computing market.</li> <li>If you’re looking for an AI stock early in the AI growth cycle, grab a complimentary <a href="https://247wallst.com/discover-the-next-nvidia/?tpid=1415282&amp;tv=link&amp;tc=keypoints" data-google-interstitial="false">copy of our “The Next NVIDIA” report</a>. It has a software stock that could ride dominance in AI to returns of 10X or more.</li> </ul> <h2>Recent Microsoft Stock Updates and News</h2> <p><strong>9/9/2024</strong></p> <p>Microsoft’s valuation has nearly tripled in the last three years, hitting $3 trillion, but its stock has fallen over 12% since July 2023 and is underperforming the S&amp;P 500 year-to-date. Despite impressive revenue growth of 15% and earnings per share of $2.95 in the last quarter, investors are concerned about slowing growth in its Azure cloud platform</p> <p><strong>9/6/2024</strong></p> <p>Microsoft’s stock closed at $408.39 yesterday and fell by 0.9% on today after an insider sold shares in the company. The lowest price it reached during the day was $404.60, and the last price it traded at was $404.73.</p> <p><strong>9/5/2024</strong></p> <p>Microsoft’s recent AI push, while facing competition and regulation, could fuel future growth for the company. Despite its modest stock performance of an 8.8% YTD gain, successful AI integration across Microsoft products could open new revenue streams and strengthen the company’s market position.</p> <p><strong>9/4/2024</strong></p> <p>Microsoft recently acquired employees from Inflection AI, which raised concerns in the UK about potential competition issues. After a month-long investigation, however, the UK’s Competition and Markets Authority (CMA) decided that Microsoft had done nothing wrong and the deal can now proceed forward.</p> <p><strong>9/3/2024</strong></p> <p>Microsoft is bringing the popular anime-style RPG, Genshin Impact, to Xbox in November. The game will be available on Xbox Game Pass and features tight combat, impressive visuals, and a large, high-quality storyline.</p> <p>Microsoft has also appointed Vaishali Kasture, a former AWS executive, as the New General Manager of its SMC business in India and South Asia, strengthening the company’s position in the competitive cloud computing market.</p> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry49-azN.jpg" alt="" width="1366" height="768" data-caption="" data-id="1183739" data-credit="lcva2 / iStock Editorial via Getty Images"></p> <h2><b>Microsoft’s 10-Year Market Smashing Results  </b></h2> <p><span style="font-weight: 400;">Here’s a table summarizing performance in share price, revenues, and profits (net income) from 2014 to 2018.</span></p> <table style="border-collapse: collapse; width: 100%;"> <tbody> <tr> <td style="width: 25%;"></td> <td style="width: 24.9084%; height: 24px;"><b>Share Price </b></td> <td style="width: 24.9084%; height: 24px;"><b>Revenues </b></td> <td style="width: 24.9084%; height: 24px;"><b>Net Income</b></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2014</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$46.16</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$86.83</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$22.07</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2015</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$46.70</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$93.58</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$12.19</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2016</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$56.21</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$91.15</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$20.54</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2017</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$72.26</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$96.57</span></td> <td style="width: 24.9084%; height: 24px;">$25.49</td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2018</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$108.04</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$110.36</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$16.57</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2019</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$138.06</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$125.84</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$39.24</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2020</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$205.01</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$143.02</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$44.28</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2021</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$286.50</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$168.09</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$61.27</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2022</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$276.41</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$198.27</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$72.74</span></td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">2023</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$330.72</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$211.92</span></td> <td style="width: 24.9084%; height: 24px;">$72.36</td> </tr> <tr style="height: 24px;"> <td style="width: 25%; height: 24px;">TTM</td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$465.39</span></td> <td style="width: 24.9084%; height: 24px;"><span style="font-weight: 400;">$279.99</span></td> <td style="width: 24.9084%; height: 24px;">$86.18</td> </tr> </tbody> </table> <p><span style="font-size: 8pt;">Revenue and net income in $billions</span></p> <p><span style="font-weight: 400;">In the last decade, Microsoft’s revenue grew 222% while its net income went from $22.07 billion to over $86 billion (in the trailing 12 months). A big driver of profits over the past decade was Microsoft’s Intelligence cloud business, which grew 18% annually and drove operating profits of $37.88 billion in 2023 from $8.44 billion in 2014. </span></p> <p><span style="font-weight: 400;">As Microsoft looks to the second of the decade, a few key areas will determine its performance.   </span></p> <p><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2024/05/shutterstock-1978695896-huge-licensed-scaled.jpg" alt="Laptop or computer with chart. Investment in business and financial concept of growth and success. Investor data analysis for planning in strategy of stock market fund. Invest for earning or profit." width="1500" height="896" data-caption="" data-id="1396555" data-credit="Koto Amatsukami / Shutterstock.com"></p> <h2><b>Key Drivers of Microsoft’s Stock Performance</b></h2> <ol> <li style="font-weight: 400;" aria-level="1"><b>Productivity and Business Processes: </b>Microsoft’s Office and Dynamics 365 solutions and its LinkedIn products currently make up around one-third of the company’s revenue.  Office in particular holds a near monopoly in office productivity software and most 3rd party applications have embeds, making switching costs high for this business line. LinkedIn also does not have a solid competitor in the professional networking space. High growth rates in this segment, but Microsoft has the advantage of controlling its price on its high market share products.</li> <li aria-level="1"><strong>Intelligence Cloud: </strong>Microsoft’s Azure, OpenAI, GitHub, and SQL, among other cloud businesses, make up close to half of the company’s revenue. But the crown jewel is Azure which only makes up close to 30% of Microsoft’s revenue and grew 30% over the past year alone. The future of Microsoft will depend on Azure and its competition with <strong>Amazon’s </strong>(<a href="https://247wallst.com/companies/amzn/?tpid=1415282&amp;tv=link&amp;tc=in_content">NASDAQ: AMZN</a>) AWS will determine which company will dominate the Platform-as-a-Service (PaaS) and reward shareholders handsomely in the process.</li> <li aria-level="1"><strong>Personal Computing: </strong>Windows, gaming, search, and devices are currently 25% of Microsoft’s business and this segment is the most open to competitors eroding market share. Outside of Windows, which has a solidified market share (and is not likely to dwindle), Microsoft search and devices will be facing a steep uphill battle over the coming years. Its acquisition of Activision is a positive for its gaming line but personal computing will play an ancillary part in Microsoft’s future.</li> </ol> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry6-jOz.jpg" alt="" width="1366" height="768" data-caption="" data-id="1183088" data-credit="gorodenkoff / iStock via Getty Images"></p> <h2><b>Microsoft (MSFT) Stock Price Prediction in 2025</b></h2> <p>The current consensus 1-year price target for Microsoft stock is $480.90, which is an 18.10% upside from today’s stock price of $407.21. Of all the analysts covering Microsoft, the stock is a consensus buy, with a 1.33 “Buy” rating.</p> <p><span style="font-weight: 400;"><strong>24/7 Wall Street’s</strong> 12-month forecast projects Microsoft’s stock price to be $495. We see Azure continuing its 20+% growth and earnings per share coming in right at $11.80.  </span></p> <h2><b>Microsoft (MSFT) Stock Forecast Through 2030 </b></h2> <table style="border-collapse: collapse; width: 60.2552%; height: 212px;"> <tbody> <tr> <td style="width: 10.8059%;"><span style="font-weight: 400;">Year</span></td> <td style="width: 16.3004%;"><span style="font-weight: 400;">Revenue</span></td> <td style="width: 18.315%;"><span style="font-weight: 400;">Net Income</span></td> <td style="width: 14.4688%;"><span style="font-weight: 400;">EPS</span></td> </tr> <tr> <td style="width: 10.8059%;">2024</td> <td style="width: 16.3004%;">$244.97</td> <td style="width: 18.315%;">$88.93</td> <td style="width: 14.4688%;">$13.32</td> </tr> <tr> <td style="width: 10.8059%;">2025</td> <td style="width: 16.3004%;">$278.00</td> <td style="width: 18.315%;">$99.25</td> <td style="width: 14.4688%;">$15.67</td> </tr> <tr> <td style="width: 10.8059%;">2026</td> <td style="width: 16.3004%;">$321.63</td> <td style="width: 18.315%;">$115.65</td> <td style="width: 14.4688%;">$18.10</td> </tr> <tr> <td style="width: 10.8059%;">2027</td> <td style="width: 16.3004%;">$370.79</td> <td style="width: 18.315%;">$136.81</td> <td style="width: 14.4688%;">$20.40</td> </tr> <tr> <td style="width: 10.8059%;">2028</td> <td style="width: 16.3004%;">$416.08</td> <td style="width: 18.315%;">$151.87</td> <td style="width: 14.4688%;">$22.62</td> </tr> <tr> <td style="width: 10.8059%;">2029</td> <td style="width: 16.3004%;">$453.39</td> <td style="width: 18.315%;">$166.56</td> <td style="width: 14.4688%;">$25.45</td> </tr> <tr> <td style="width: 10.8059%;">2030</td> <td style="width: 16.3004%;">$503.13</td> <td style="width: 18.315%;">$181.71</td> <td style="width: 14.4688%;">$28.70</td> </tr> </tbody> </table> <p><span style="font-size: 8pt;">Revenue and net income in $billions</span></p> <h2><b>Microsoft Share Price Estimates 2025-2030</b></h2> <p><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/09/2024-9-10-MSFT-Stock-Price.png" alt="" width="1600" height="900" data-caption="" data-id="1434623" data-credit="24/7 Wall Street"></p> <h2>How Microsoft’s Next 5 Years Could Play Out</h2> <p>We expect to see revenue growth of just over 8% and EPS of $15.67 for the year. We expect the stock to still trade at a similar multiple next year, putting our estimate for the stock price for Microsoft at $548.00 in 2025, which is 34.57% higher than the stock is trading today.</p> <p>Going into 2026, we estimate the price to be $633.00. This represents a 55.45% gain over today’s share price of $400.07. We anticipate modest revenue gains offset by expanding margins and an EPS of $18.10, with Microsoft’s P/E ratio gradually declining through 2030.</p> <p>Heading into 2027, we expect the stock price increase not to be as pronounced and earnings estimates of $20.40 per share, the stock price target for the year is $652.00. That is a 3% year-over-year gain from the previous year, but still up 60.11% from today’s stock price.</p> <p>When predicting more than 3 years out, we expect Microsoft’s P/E ratio to drop 30x in 2028 but grow its top line by 14%. In 2028, we have Microsoft’s revenue coming in around $420 billion and an EPS of $22.62 suggesting a stock price estimate at $678.00 or a gain of 66.50% over the current stock price.</p> <p>24/7 Wall Street expects Microsoft to continue its 10% revenue growth again and to generate $12.30 per share of earnings. With a price-to-earnings multiple of 35, the stock price in 2029 is estimated at $687.00, or a gain of 68.71% over today’s price.</p> <h2>Microsoft Stocks Price Target for 2030</h2> <p>We estimate Microsoft’s stock price to be $717.00 per share with a sub-10 % year-over-year revenue growth. Our estimated stock price will be 76.08% higher than the current stock price of $407.21.</p> <table style="width: 64.0899%; height: 363px;"> <tbody> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">Year</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">Price Target</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">% Change From Current Price </span></td> </tr> <tr style="height: 23px;"> <td style="width: 18.199%; height: 23px;"><span style="font-weight: 400;">2024</span></td> <td style="width: 30.954%; height: 23px;"><span style="font-weight: 400;">$495.00</span></td> <td style="width: 223.49%; height: 23px;"><span style="font-weight: 400;">Upside of 21.56%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2025</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$548.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 34.57%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2026</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$633.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 55.45%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2027</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$652.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 60.11%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2028</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$678.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 66.50%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2029</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$687.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 68.71%</span></td> </tr> <tr style="height: 56px;"> <td style="width: 18.199%; height: 56px;"><span style="font-weight: 400;">2030</span></td> <td style="width: 30.954%; height: 56px;"><span style="font-weight: 400;">$717.00</span></td> <td style="width: 223.49%; height: 56px;"><span style="font-weight: 400;">Upside of 76.08%</span></td> </tr> </tbody> </table> <p> </p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="65ee29f269a13" data-site="247wallst" data-link="" data-campaign-name="SA_AdvisorPitch1" data-utm-source="247wallst" data-utm-campaign="SA_AdvisorPitch1" data-utm-term="247wallst"> <h2><strong>Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)</strong></h2> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch1&amp;utm_content=desktop|microsoft-msft-price-prediction-and-forecast|1415282&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1415282&amp;tc=65ee29f269a13" target="_blank" rel="noopener nofollow sponsored">Are you ready for retirement?</a> Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.</p> <p>Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.</p> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch1&amp;utm_content=desktop|microsoft-msft-price-prediction-and-forecast|1415282&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1415282&amp;tc=65ee29f269a13" target="_blank" rel="noopener nofollow sponsored">Click here now</a> to get started.</p> </div> <p>The post <a href="https://247wallst.com/investing/2024/09/10/microsoft-msft-price-prediction-and-forecast/">Microsoft (MSFT) Price Prediction and Forecast 2025-2030</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> Investing Joel South Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030 https://247wallst.com/investing/2024/09/10/amazon-stock-amzn-price-prediction-and-forecast/ 24/7 Wall St. urn:uuid:748917d6-a009-8775-e873-caeafea076df Tue, 10 Sep 2024 10:50:53 -0400 <p>Outside of NVIDIA’s (NASDAQ: NVDA) recent share price going stratospheric, Amazon (NASDAQ: AMZN) has been a Wall Street darling since the company IPO’d in May 1997 at a split-adjusted price of $.07. Today, Amazon stock trades for $176.25, which means that stock is up over 180484.02% since May 1997, turning every $1000 invested into $1.806 [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/amazon-stock-amzn-price-prediction-and-forecast/">Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p><span style="font-weight: 400;">Outside of NVIDIA’s (<a href="https://247wallst.com/companies/nvda/?tpid=1409513&amp;tv=link&amp;tc=in_content">NASDAQ: NVDA</a>) recent share price going stratospheric, Amazon (<a href="https://247wallst.com/companies/amzn/?tpid=1409513&amp;tv=link&amp;tc=in_content">NASDAQ: AMZN</a>) has been a Wall Street darling since the company IPO’d in May 1997 at a split-adjusted price of $.07.</span></p> <p>Today, Amazon stock trades for $176.25, which means that stock is up over 180484.02% since May 1997, turning every $1000 invested into $1.806 million today.</p> <p><span style="font-weight: 400;">The only thing that matters from this point on is what the stock will do for the next 1, 5, and 10 years and beyond. Let’s crunch the numbers and give you our best guest on Amazon’s future share price. </span><span style="font-weight: 400;">No one has a crystal ball and even the Wall Street “experts” are often wrong more than they are right in predicting future stock prices. We will walk through our assumptions and provide you with the story around the numbers (other sites just pick a share price without explaining why they suggest the price they do). </span></p> <h2><strong>Key Points in this Article: </strong></h2> <ul> <li>Future stock performance hinges on Amazon’s growth in e-commerce, AWS, and advertising amidst increasing competition.</li> <li>Amazon’s revenue grew 540% in the last decade, with net income rising to $30.42 billion in 2023 and projections over the next 5 years at 4.5x.</li> <li>If you’re looking for a megatrend with massive potential, make sure to grab a complimentary <a href="https://247wallst.com/discover-the-next-nvidia?tpid=1409513&amp;tv=link&amp;tc=keypoints" data-google-interstitial="false">copy of our “The Next NVIDIA” report</a>. The report includes a complete industry map of AI investments that includes many small caps.</li> </ul> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2022/09/imageForEntry8-rID.jpg" alt="" width="1366" height="768" data-caption="" data-id="1172915" data-credit="jetcityimage / iStock Editorial via Getty Images"></p> <h2>Recent Amazon Stock Updates and News</h2> <ul> <li><strong>9/9/2024- </strong>Amazon stock opened Monday 1.78% higher after a steep drop this past Friday due to a poor jobs report stating only 142,000 nonfarm jobs were added, which was below the estimated 160,000 jobs.</li> <li><strong>9/6/2024- </strong>Amazon’s stock price closed at $177.89 yesterday and fell by 2% today. The lowest price it reached during the day was $173.90, and the last price it traded at was $174.30.</li> <li><strong>9/5/2024- </strong>Due to the strength of its AWS business, Amazon’s stock has outperformed its major cloud competitors, Microsoft and Google. The company has also been at the forefront of the AI revolution, investing heavily in generative AI technologies. However, the company’s e-commerce operations have faced challenges, including changing consumer spending habits and foreign exchange fluctuations. But analysts are bullish on Amazon’s future, particularly due to its growing digital ad business and strong cloud computing.</li> <li><strong>9/4/2024- </strong>Amazon announced that WPP and Omnicom Media Group (OMG) have been chosen to handle its media account. The two companies will split the account geographically, with OMG overseeing operations in the Americas and WPP managing EMEA and APAC.</li> <li><strong>9/3/2024- </strong>This past weekend Amazon hired three key people from Covariant, a startup specializing in warehouse robot AI. Pieter Abbeel, Peter Chen, and Rocky Duan, who previously worked at OpenAI, are joining Amazon’s robotics division, along with a quarter of Covariant’s team. In addition, Amazon will also now license Covariant’s core AI models non-exclusively to boost their own warehouse robots.</li> </ul> <h2><b>Amazon’s Recent Stock Success </b></h2> <p><span style="font-weight: 400;">Here’s a table summarizing performance in share price, revenues, and profits (net income) from 2014 to 2017.</span></p> <table style="border-collapse: collapse; width: 49.4536%; height: 264px;"> <tbody> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"></td> <td style="width: 14.6175%; height: 24px;"><b>Share Price</b></td> <td style="width: 12.0218%; height: 24px;"><b>Revenues*</b></td> <td style="width: 14.0711%; height: 24px;"><b>Net Income*</b></td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2014</strong></td> <td style="width: 14.6175%; height: 24px;">$19.94</td> <td style="width: 12.0218%; height: 24px;">$89.0</td> <td style="width: 14.0711%; height: 24px;">($.241)</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2015</strong></td> <td style="width: 14.6175%; height: 24px;">$15.63</td> <td style="width: 12.0218%; height: 24px;">$107.0</td> <td style="width: 14.0711%; height: 24px;">$.596</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2016</strong></td> <td style="width: 14.6175%; height: 24px;">$32.81</td> <td style="width: 12.0218%; height: 24px;">$136.0</td> <td style="width: 14.0711%; height: 24px;">$2.371</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2017</strong></td> <td style="width: 14.6175%; height: 24px;">$37.90</td> <td style="width: 12.0218%; height: 24px;">$177.9</td> <td style="width: 14.0711%; height: 24px;">$3.03</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2018</strong></td> <td style="width: 14.6175%; height: 24px;">$58.60</td> <td style="width: 12.0218%; height: 24px;">$232.9</td> <td style="width: 14.0711%; height: 24px;">$10.07</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2019</strong></td> <td style="width: 14.6175%; height: 24px;">$73.26</td> <td style="width: 12.0218%; height: 24px;">$280.5</td> <td style="width: 14.0711%; height: 24px;">$11.59</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2020</strong></td> <td style="width: 14.6175%; height: 24px;">$93.75</td> <td style="width: 12.0218%; height: 24px;">$386.1</td> <td style="width: 14.0711%; height: 24px;">$21.33</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2021</strong></td> <td style="width: 14.6175%; height: 24px;">$163.50</td> <td style="width: 12.0218%; height: 24px;">$469.8</td> <td style="width: 14.0711%; height: 24px;">$33.36</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2022</strong></td> <td style="width: 14.6175%; height: 24px;">$167.55</td> <td style="width: 12.0218%; height: 24px;">$514.0</td> <td style="width: 14.0711%; height: 24px;">($2.72)</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74317%; height: 24px;"><strong>2023</strong></td> <td style="width: 14.6175%; height: 24px;">$85.46</td> <td style="width: 12.0218%; height: 24px;">$574.78</td> <td style="width: 14.0711%; height: 24px;">$30.42</td> </tr> </tbody> </table> <p><span style="font-size: 10pt;">*Revenue and Net Income in Billions</span></p> <p>In the last decade, Amazon’s revenue grew about 540% while its net income moved from losing money to 30.42 billion in profits this past year. The ride up wasn’t always smooth, however. For example, in 2020, sales jumped 38%, and net income nearly doubled. 2021 saw a continued boom as people moved to e-commerce shopping during Covid. However, all those sales being “pulled forward” led to challenges in 2022, and the company swung to a surprise loss. As Amazon embarks into the back half of the decade, a few different key areas will determine its performance.</p> <h2><b>3 Key Drivers of Amazon’s Stock Performance</b></h2> <ol> <li style="font-weight: 400;" aria-level="1"><b>E-Commerce Success: </b><span style="font-weight: 400;">While Covid brought record sales to Amazon, it also led to many competitors investing heavily to compete with Amazon online. While e-commerce is still just 15% of retail sales, putting up huge growth rates in online sales won’t be as easy in the coming years as it was a decade ago.</span></li> <li style="font-weight: 400;" aria-level="1"><b>Amazon Web Services: </b><span style="font-weight: 400;">Amazon Web Services 1st quarter 2024 revenue was </span><span style="font-weight: 400;">$25.04 billion </span><span style="font-weight: 400;">and the unit should break $100 billion in total sales this year. However, the unit’s 13% year-over-year growth isn’t as fast as competing cloud services like </span><b>Microsoft’s </b><span style="font-weight: 400;">(Nasdaq: MSFT) Azure and </span><b>Google’s </b><span style="font-weight: 400;">(Nasdaq: GOOGL) Cloud. Amazon is at risk of falling behind Microsoft before 2030 if it can’t stop market share losses.</span></li> <li style="font-weight: 400;" aria-level="1"><b>Advertising: </b><span style="font-weight: 400;">Amazon exits 2023 with a $47 billion advertising business that grew 24% in 2023. Advertising has the ability to be another high-margin business line – Amazon currently gets most of its profits from its AWS cloud business – which has led the company past $100 billion in annual profits.</span></li> </ol> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry6-jOz.jpg" alt="" width="1366" height="768" data-caption="" data-id="1183088" data-credit="gorodenkoff / iStock via Getty Images"></p> <h2><b>Amazon (AMZN) Stock Price Prediction in 2025</b></h2> <p>The current consensus 1-year price target for Amazon stock is $218.23, which is a 23.82% upside from today’s stock price of $176.25. Of all the analysts covering Amazon, the stock is a consensus buy, with a 1.32 “Buy” rating.</p> <p><strong>24/7 Wall Street’s</strong> 12-month forecast projects Amazon’s stock price to be $225. We see AWS continue its current 12% growth rate but see Amazon’s advertising business outperforming analyst expectations, particularly in the 4th quarter of 2024 with more streaming ad impressions being sold.</p> <h2><b>Amazon (AMZN) Stock Forecast Through 2030 </b></h2> <ul> <li style="font-weight: 400;" aria-level="1"><b>AWS</b><span style="font-weight: 400;">: Assuming AWS stems its market share loss and investments in AI to counterbalance the threat from Microsoft and Google. </span></li> <li style="font-weight: 400;" aria-level="1"><b>E-Commerce</b><span style="font-weight: 400;">: Amazon continues to pour investments into e-commerce, forgoing added profits to maintain market share. Our case model assumes growth in new logistics and efficiencies from robotics in warehouses leads to this unit finally delivering strong operating profits.</span></li> <li style="font-weight: 400;" aria-level="1"><b>Advertising: </b><span style="font-weight: 400;">Amazon’s advertising continued to grow and the now $47 billion business unit and we see a high teens growth rate compounded annually. </span></li> </ul> <p><span style="font-weight: 400;">Add all these numbers up and take out some amount for “new bets” the company will surely be investing in (and a potential <a href="https://247wallst.com/technology-3/2024/05/19/an-amazon-dividend-could-boost-its-stock-by-200-billion/?tpid=1409513&amp;tv=link&amp;tc=in_content">dividend boost</a>)and we see revenue in 2030 at $1.15 trillion and $131 billion in net income. Today, the company trades for about 50X earnings, which we’ll take down to 35 times as the company matures (but continues showing growth). </span><span style="font-weight: 400;">In our analysis, Amazon is worth $2.6 trillion in 2030. Here are our revenue, net income, and company size estimates through 2030:</span></p> <table style="border-collapse: collapse; width: 52.1858%; height: 192px;"> <tbody> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"></td> <td style="width: 11.0655%; height: 24px;">Revenue</td> <td style="width: 13.7979%; height: 24px;">Net Income</td> <td style="width: 15.396%; height: 24px;">Total Enterprise Value</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"><strong>2024</strong></td> <td style="width: 11.0655%; height: 24px;">$638</td> <td style="width: 13.7979%; height: 24px;">$48.56</td> <td style="width: 15.396%; height: 24px;">$1.93</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"><strong>2025</strong></td> <td style="width: 11.0655%; height: 24px;">$710</td> <td style="width: 13.7979%; height: 24px;">$62.13</td> <td style="width: 15.396%; height: 24px;">$2.12</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"><strong>2026</strong></td> <td style="width: 11.0655%; height: 24px;">$788</td> <td style="width: 13.7979%; height: 24px;">$79.68</td> <td style="width: 15.396%; height: 24px;">$2.19</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"><strong>2027</strong></td> <td style="width: 11.0655%; height: 24px;">$867</td> <td style="width: 13.7979%; height: 24px;">$96.53</td> <td style="width: 15.396%; height: 24px;">$2.29</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"><strong>2028</strong></td> <td style="width: 11.0655%; height: 24px;">$957</td> <td style="width: 13.7979%; height: 24px;">$114.17</td> <td style="width: 15.396%; height: 24px;">$2.39</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"><strong>2029</strong></td> <td style="width: 11.0655%; height: 24px;">$1,049</td> <td style="width: 13.7979%; height: 24px;">$136.69</td> <td style="width: 15.396%; height: 24px;">$2.5</td> </tr> <tr style="height: 24px;"> <td style="width: 8.74316%; height: 24px;"><strong>2030</strong></td> <td style="width: 11.0655%; height: 24px;">$1,149</td> <td style="width: 13.7979%; height: 24px;">$131.39</td> <td style="width: 15.396%; height: 24px;">$2.6</td> </tr> </tbody> </table> <p><span style="font-size: 10pt;">*Revenue and net income reported in billions and TEV in trillions</span></p> <h2><b>Amazon’s Share Price Estimates 2025-2030</b></h2> <p><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/09/2024-9-10-AMZN-Stock-Price.png" alt="" width="1600" height="900" data-caption="" data-id="1434617" data-credit="24/7 Wall Street"></p> <h2>How Amazon’s Next 5 Years Could Play Out</h2> <p>We expect to see revenue growth of just over 11% and EPS of $5.74 for the year. We expect the stock to still trade at a similar multiple next year, putting our estimate for the stock price for Amazon at $287 in 2025, which is 62.84% higher than the stock is trading today.</p> <p>Going into 2026, we estimate the price to be $371, after revenue estimates to come in around 10% higher year-over-year. With an EPS of $7.42 and in our opinion the last year Amazon trades near its current P/E of 50, 2026 could mark the year Amazon starts trading at a more mature valuation closer to 35 times earnings. That would represent a 110.50% gain over today’s share price of $176.25.</p> <p>Heading into 2027, we expect the stock price increase not to be as pronounced as more tempered growth is expected from Amazon and even with earnings estimates of $8.80 per share, the stock price target for the year is $308.00. That is a 17%-year hit from the previous year, but still up 74.75% from today’s stock price.</p> <p>When predicting more than 3 years out, we expect Amazon to continue growing its top line at 10% but be more efficient and operating margins to grow. In 2028, we have Amazon’s revenue coming in around $957 billion and an EPS of $10.34 suggesting a stock price estimate at $361.90 or a gain of 105.33% over the current stock price.</p> <p>24/7 Wall Street expects Amazon to continue its 10% revenue growth again and to generate $12.30 per share of earnings. With a price-to-earnings multiple of 35, the stock price in 2029 is estimated at $430.50, or a gain of 144.26% over today’s price.</p> <h2>Amazon Stocks Price Target for 2030</h2> <p>We estimate Amazon’s stock price to be $370 per share with 10% year-over-year revenue growth but compressed margins from more competition in its AWS unit. Our estimated stock price for Amazon will be 110.30% higher than the current stock price, marking a double in Amazon’s stock price today of $176.25.</p> <table style="width: 50.2523%; height: 192px;"> <thead> <tr style="height: 24px;"> <th style="height: 24px; width: 16.1049%;">Year</th> <th style="height: 24px; width: 29.9625%;">Price Target</th> <th style="height: 24px; width: 52.4345%;">% Change From Current Price</th> </tr> </thead> <tbody> <tr style="height: 24px;"> <td style="height: 24px; width: 16.1049%;">2024</td> <td style="height: 24px; width: 29.9625%;">$226.50</td> <td style="height: 24px; width: 52.4345%;">Upside of 28.51%</td> </tr> <tr style="height: 24px;"> <td style="height: 24px; width: 16.1049%;">2025</td> <td style="height: 24px; width: 29.9625%;">$287.00</td> <td style="height: 24px; width: 52.4345%;">Upside of 62.84%</td> </tr> <tr style="height: 24px;"> <td style="height: 24px; width: 16.1049%;">2026</td> <td style="height: 24px; width: 29.9625%;">$371.00</td> <td style="height: 24px; width: 52.4345%;">Upside of 110.50%</td> </tr> <tr style="height: 24px;"> <td style="height: 24px; width: 16.1049%;">2027</td> <td style="height: 24px; width: 29.9625%;">$308.00</td> <td style="height: 24px; width: 52.4345%;">Upside of 74.75%</td> </tr> <tr style="height: 24px;"> <td style="height: 24px; width: 16.1049%;">2028</td> <td style="height: 24px; width: 29.9625%;">$361.90</td> <td style="height: 24px; width: 52.4345%;">Upside of 105.33%</td> </tr> <tr style="height: 24px;"> <td style="height: 24px; width: 16.1049%;">2029</td> <td style="height: 24px; width: 29.9625%;">$430.50</td> <td style="height: 24px; width: 52.4345%;">Upside of 144.26%</td> </tr> <tr style="height: 24px;"> <td style="height: 24px; width: 16.1049%;">2030</td> <td style="height: 24px; width: 29.9625%;">$370.65</td> <td style="height: 24px; width: 52.4345%;">Upside of 110.30%</td> </tr> </tbody> </table> <p> </p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="65a5b52ec8a55" data-site="247wallst" data-link="" data-campaign-name="wall_retireearly" data-utm-source="247wallst" data-utm-campaign="wall_retireearly" data-utm-term="247wallst"> <div id="smartasset" style="margin-bottom: 1em; margin-top: 1em;"> <h2><b>Want to Retire Early? 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Steve Goldstein Scott Olson/Getty Images Meta is one of the cheapest big tech stocks, and that earns it a new ‘buy’ call https://www.marketwatch.com/story/meta-is-one-of-the-cheapest-big-tech-stocks-and-that-earns-it-a-new-buy-call-3e38656b?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:f8f527c6-82bf-4544-ab5a-38ca7fcd74c1 Tue, 10 Sep 2024 10:41:00 -0400 Meta is poised to be an open-source leader for the next two major tech platforms, say analysts. 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Even though the can has gone through a few changes over the years, it still retains its [&#8230;]</p> <p>The post <a href="https://247wallst.com/forecasts/2024/09/10/coca-cola-ko-price-prediction-and-forecast/">Coca-Cola (KO) Price Prediction and Forecast</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p><span style="font-weight: 400;">According to </span><span style="font-weight: 400;">World Population Review</span><span style="font-weight: 400;">, Coca-Cola is the world’s most popular branded drink. </span><span style="font-weight: 400;">WPR</span><span style="font-weight: 400;"> cites: “</span><i><span style="font-weight: 400;">It is not only the most popular soft drink in the United States, but also the most popular soft drink on the planet. Even though the can has gone through a few changes over the years, it still retains its same, delicious formula. There is even a Coca-Cola factory in Atlanta where people can take a tour and learn how Coca-Cola is produced today and how it has evolved over the years.</span></i><span style="font-weight: 400;">”</span><span style="font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">Pharmacist Dr. John Pemberton created the Coca-Cola syrup recipe, circa 1886, and it remains one of the most highly protected trade secrets in history. </span></p> <p><span style="font-weight: 400;">In addition to its iconic Coke Classic, </span><b>The Coca-Cola Company (</b><a href="https://247wallst.com/companies/KO/?tpid=1431779&amp;tv=link&amp;tc=in_content"><b>NYSE: KO</b></a><b>)</b><span style="font-weight: 400;"> has drastically expanded its menu of selections over the decades to include other popular brands, such as Sprite, Fresca, Smart Water, Dasani Water, Minute Maid lemonade and juices, Barq’s Root Beer, Monster Energy Drinks, Seagram’s Ginger Ale, teas, and many others, totalling over 300. </span></p> <h2>Stock history</h2> <figure style="width: 1500px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2024/08/shutterstock-2329440827-huge-licensed-scaled.jpg" alt="a glass of coke with ice cubes isolated on white background." width="1500" height="2250" data-caption="" data-id="1431787" data-credit="Zhane Luk / Shutterstock.com"><figcaption class="wp-caption-text">Coca-Cola holds a large position in the Berkshire Hathaway portfolio, thanks to Coke Classic becoming Warren Buffett’s favorite drink after decades of being a Pepsi drinker.</figcaption></figure> <p><span style="font-weight: 400;">Coca-Cola continues to be an institutional investor favorite, with Warren Buffett and Berkshire Hathaway a longtime fan and major shareholder. According to some accounts, Buffett’s affinity for Coke Classic extends to it being readily available throughout Berkshire’s offices, and this is after decades of being a Pepsi drinker. It has maintained a solid 4.98% CAGR over the past 5 years, and continued to stay ahead of rivals </span><b>Keurig</b> <b>Dr. Pepper (</b><a href="https://247wallst.com/companies/KDP/?tpid=1431779&amp;tv=link&amp;tc=in_content"><b>NASDAQ: KDP</b></a><b>)</b><span style="font-weight: 400;"> and </span><b>PepsiCo (</b><a href="https://247wallst.com/companies/PEP/?tpid=1431779&amp;tv=link&amp;tc=in_content"><b>NASDAQ: PEP</b></a><b>)</b><span style="font-weight: 400;">. </span></p> <h2>Underlying recent events</h2> <figure style="width: 1500px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2024/08/shutterstock-2496996635-huge-licensed-1-scaled.jpg" alt="Paris 2024 Olympics flag waving at cloudy sky background. with the olympics flame holding by athlete." width="1500" height="1000" data-caption="" data-id="1431785" data-credit="Sherif Ashraf 22 / Shutterstock.com"><figcaption class="wp-caption-text">With an eye toward expanding its European market, Coca-Cola became a sponsor and supplier of Coca-Cola for the 2024 Paris Olympics.</figcaption></figure> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Coca-Cola has focused of late on high-growth brands across its beverage portfolio, including Fuze Tea, Minute Maid Zero Sugar, and Powerade, and introducing products like Coke Lemon and Reformulated Sprite. Expansion of its other flavors has led to Coca-Cola gaining a 40% market share in the non-alcoholic beverage sector.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Seeing international markets as a market share territory ripe for further opportunity, Coca-Cola has raised its profile at major European events, such as promotional investments in</span><span style="font-weight: 400;"> the Euro 2024 Football Championship, the Paris Olympics, and various music festivals. Forming partnerships with local food service providers to promote combo meals also contributed further sales.  </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Marketing-wise, digital technology has given Coca-Cola another growth tool, with its Studio X global network marketing platform, which measures real-time reactions to newly produced content, and e-commerce, which has grown in double digits in a number of countries.</span></li> </ul> <p><span style="font-weight: 400;">Coca-Cola has been a public company for over a century (IPO was $40 in 1919). It has undergone 10 forward-stock splits between 1935 and 2012. A 1-for-1 stock dividend was declared in 1927. A $1000 Coca-Cola IPO investment would have bought 25 shares in 1919. A 1 share has grown through splits to 9,216 shares, that investment would equate to 230,400 shares, which would be worth $16.598 million today.</span></p> <p><span style="font-weight: 400;">Regardless, investors are much more concerned with future stock performance over the next 1, 5, to 10 years. While most Wall Street analysts will calculate 12-month forward projections, it’s clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near term projections irrelevant. </span><b>24/7 Wall Street </b><span style="font-weight: 400;">aims to present some farther looking insights based on Coca-Cola’s own numbers, along with business and market development information that may be of help to our readers’ own research.</span></p> <h2>Key Points In This Article</h2> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Morgan Stanley and other major Wall Street analyst departments are bullish on Coca-Cola.</span></li> <li><span style="font-weight: 400;">Coca-Cola’s impressive dividend track record has endeared its stock to institutional and individual investors alike.</span></li> <li> <li style="font-weight: 400;"><span style="font-weight: 400;">For years, a dearth of non fizzy drinks gave its rivals an edge. In the past decade, Coca-Cola’s continued expansion to non-carbonated beverages continues to be a winning ticket. The company recently acquired Costa Coffee to fill a popular beverage gap in its menu of offerings.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Cultivation and application of digital assets are also proving beneficial to the company’s bottom line, by streamlining efficiencies, rapid improvement of response times, and cutting costs.</span></li> <li>Passive income is simple- own quality dividends that pay you for doing nothing. Sit back and let dividends do the heavy lifting for a simple, steady path to serious wealth creation over time. Grab a <a href="https://247wallst.com/dividend-legends/?tpid=1431779&amp;tv=link&amp;tc=keypoints">free copy</a> of “7 Things I Demand in a Dividend Stock”, plus get our 2 best dividend stocks to own today.</li> </ul> <h2>5 to 10 Year Review</h2> <figure style="width: 1500px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2024/08/shutterstock-1688994433-huge-licensed-scaled.jpg" alt="A can, tin of fresh Coca Cola drink with brick wall backround. Coca-Cola company is the most popular brand in the world." width="1500" height="998" data-caption="" data-id="1431781" data-credit="zedspider / Shutterstock.com"><figcaption class="wp-caption-text">Coca-Cola holds a commanding 46% market share of the US soft drink market.</figcaption></figure> <p><a href="https://foodinstitute.com/focus/future-of-soda-less-sugar-more-influencers/"><span style="font-weight: 400;">The Food Institute</span></a><span style="font-weight: 400;"> estimated the global soft drink market at $237 billion three years ago, with expected growth of 4.7% annually. The US market is estimated at $285.9 billion going into 2024 and growing 7.5% annually, according to </span><a href="https://www.grandviewresearch.com/industry-analysis/us-soft-drinks-market#:~:text=U.S.%20Soft%20Drinks%20Market%20Size%20%26%20Trends,to%20seek%20healthier%20beverage%20alternatives."><span style="font-weight: 400;">Grand View Research</span></a><span style="font-weight: 400;">. Coca-Cola’s international sales already comprise 31% of total beverage revenues, it holds a commanding 46% of the US market. </span></p> <p><span style="font-weight: 400;">A company the size of Coca-Cola has largely grown its menu of product offerings through acquisition. Some of these are well known brands, such as Minute Maid juice, Dasani Water, Sprite, Fanta, and Seagram’s Ginger Ale sodas, Vitaminwater, Powerade sports drinks, and many others. Some Coca-Cola milestone acquisitions of the past decade that have contributed to these statistics include: </span></p> <ul> <li style="font-weight: 400;"><b>2017:</b><span style="font-weight: 400;"> Coca-Cola relaunched Coke Zero with an updated flavor and new name, Coke Zero Sugar, and purchased the Topo Chico brand of sparkling waters. </span></li> <li style="font-weight: 400;"><b>2018</b><span style="font-weight: 400;"> saw Coca-Cola acquire Organic &amp; Raw Trading T/A MOJO Beverages, a Kombucha tea company from Australia. It unfortunately did not catch on to a larger market and Coca-Cola closed down its MOJO factory in 2022. </span></li> <li style="font-weight: 400;"><b>2019</b><span style="font-weight: 400;">:  Coca-Cola bought the Costa Coffee company and added coffee-infused soda beverages to its lineup, called Coca-Cola Coffees.</span></li> <li style="font-weight: 400;"><b>2019:</b><span style="font-weight: 400;">  Coca-Cola acquired CHI Ltd. of Lagos, Nigeria. Its products include </span><span style="font-weight: 400;">juice under the Chivita brand and value-added dairy under the Hollandia brand, among many other products.</span></li> <li style="font-weight: 400;"><b>2020:</b><span style="font-weight: 400;"> Coca-Cola welcomed its first dairy company to its portfolio with its acquisition of Fairlife. The company also debuted Flashlyte, an advanced hydration drink formulated with six electrolytes, in Mexico.</span></li> </ul> <p><span style="font-weight: 400;">Recent highlights include:    </span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Expansion of the Cappy juice platform to Europe, Africa and the Middle East, with new reduced-sugar and vitamin-fortified varieties.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Introduction of Smartwater alkaline 9.5+ pH with antioxidant in North America.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Doubling sales of the Authentic Tea House lineup of unsweetened, cold-brewed teas in China.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Experimentation and expansion into the Alcohol Ready-to-Drink (aRTD) category. Recent launches include Jack Daniel’s &amp; Coca‑Cola and Jack Daniel’s &amp; Coca‑Cola Zero Sugar in Latin America, Europe, Asia and North America; Absolut Vodka &amp; Sprite and Absolut Vodka &amp; Sprite Zero Sugar in Europe; and Peace Hard Tea and Minute Maid Spiked in North America.</span></li> </ul> <p><span style="font-weight: 400;">As of the start of 2024, as much as 65% of Coca-Cola’s total revenues were derived from its international business units. While the company does have a currency hedge system, its size, at over $28 billion, can still be a problem. That $28 billion may be compiled from dozens of different countries at the mercy of more extreme currency fluctuation volatility.  This risk exists  especially from less politically stable third world nations whose currencies have become increasingly less dependent on the US dollar and more on the Chinese Yuan and possibly other BRICS member nations’ currencies. The costs of hedging can run as high as 3-6% on average.</span></p> <table style="width: 49.7086%;"> <tbody> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">Fiscal Year</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">Price</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">Revenues</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">Net Income</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2015</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$42.96</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$44.294B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$7.351B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2016</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$41.46</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$41.863B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$6.527B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2017</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$45.88</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$36.212B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$1.248B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2018</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$47.57</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$34.300B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$6.434B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2019</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$54.69</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$37.266B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$8.920B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2020</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$54.84</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$33.014B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$7.747B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2021</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$59.21</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$38.655B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$9.771B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2022</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$63.61</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$43.004B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$9.542B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2023</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">58.93</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$45.754B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$10.714B</span></td> </tr> <tr> <td style="width: 28.6624%;"><span style="font-weight: 400;">2024 (LTM)</span></td> <td style="width: 20.4233%;"><span style="font-weight: 400;">$72.47</span></td> <td style="width: 27.8025%;"><span style="font-weight: 400;">$46.465B</span></td> <td style="width: 58.7807%;"><span style="font-weight: 400;">$10.648B</span></td> </tr> </tbody> </table> <h2>Key Drivers for Coca-Cola’s Future</h2> <p><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2021/11/imageForEntry5-WBO.jpg" alt="" width="1366" height="768" data-caption="" data-id="999589" data-credit="bgwalker / iStock Unreleased via Getty Images"></p> <h2><i><span style="font-weight: 400;">1. Further Diversification Into Non-Carbonated Beverages</span></i></h2> <p><span style="font-weight: 400;">For years, Coca-Cola has been expanding beyond carbonated beverages to non-carbonated sodas and drinks. Among its most famous is its entrance to the bottled water industry (Dasani, Vitaminwater), but it also has growing exposure to tea, coffee and dairy products. In 2019, Coca Cola purchased Costa Coffee for $5.1 billion. This was largely a bet on the growth of the </span><a href="https://www.coherentmarketinsights.com/market-insight/coffee-market-5615"><span style="font-weight: 400;">coffee market, which is forecast to expand annually at a rate of 4.7% through 2030</span></a><span style="font-weight: 400;">. </span></p> <p><i style="font-size: 18pt;">2. Coke As An AI Player?</i></p> <p><span style="font-weight: 400;">While one might pigeonhole Coca Cola products as simply cans of soda, the company has been burnishing its digital technology footprint.  In addition to its double-digit growth e-commerce platform and the aforementioned Studio X marketing platform, Coca-Cola can also be viewed as a technology play on AI, big data </span><span style="font-weight: 400;">and consumer analytics. To gain an edge on competitors, Coke uses artificial intelligence to gather big data insights on consumer behaviors and beverage market trends. Some of the details the AI tracks for Coca-Cola at restaurants may include such data as: flavor preferences and amounts sold per day, with which meal combos, and what times of the day. </span></p> <p><span style="font-weight: 400;">Coca-Cola’s  analysts then process the raw data and advise decisions about which products deserve more investment to expand their market shares, and which ones may be on the decline.</span></p> <h2><i><span style="font-weight: 400;">3. Smart Recycling = Cutting Costs</span></i></h2> <p><span style="font-weight: 400;">Coke is leading the way in the beverage sector by setting a goal to collect and recycle all of its packaging by 2030. This ecologically responsible stance is helpful not only from a public relations standpoint, but also makes for smart business. When handled intelligently and at the volumes of units that Coca-Cola operates, the company cuts costs with the use of recycled materials for its packaging. And recycled packaging is proving to contribute to the Coke bottom line: Q2 2024 gross margins were 59%, higher that the 58% of the energy sector and 53% of the technology sector. </span></p> <h2><i><span style="font-weight: 400;">4. When In Rome…</span></i></h2> <p><span style="font-weight: 400;">Coca-Cola is very proactive in catering to local tastes and preferences. For example, it offers Inca Kola in Peru and Thums Up in India. From Tanzania to Texas, Coca-Cola has made a splash but management realizes to capture local trends, these adaptations to each market are crucial to build diversified revenue streams that expand the company’s war chest.</span></p> <p><span style="font-weight: 400;">For example, Coca Cola built-up a 60.5% share of the India soft drinks market, but discovered that the massive penetration was primarily due to Thums Up. Deleting Thums up would calculatedly sink its share below 30%. Acknowledgement of each geography’s unique cultural predilections further heightens customer and brand loyalty, which in turn increases customer lifetime value.</span></p> <h2><i><span style="font-weight: 400;">5. Direct-to-Consumer Channels</span></i></h2> <p><span style="font-weight: 400;">While the vast majority of Coca-Cola beverages are purchased from local vendors, chain stores or supermarkets, the company has launched a direct-to-consumer online store that allows for even better data collection. Using Studio X and other digital marketing tools, Coke can advertise directly to consumers and steer them towards exclusive deals, seasonal products, and other offerings, creating another Coke revenue source.</span></p> <p><span style="font-size: 18pt;"><i><span style="font-weight: 400;">6.  Dividends</span></i></span></p> <p><span style="font-weight: 400;">Institutional and individual investors both love Coca-Cola stock. While growth can sometimes seem ponderously slow, its dividend has made it very popular as a buy and hold Dow Jones stock to hold in a portfolio. Since Coca-Cola began paying dividends in 1970, the company has an unbroken streak of making distributions every year, either matching or exceeding the prior year’s amount with the exception of 2000-2001. The current $1.929 dividend in 2024 is estimated to grow to $2.562 by 2030. </span></p> <h2><span style="font-weight: 400;">Stock Price Prediction for 2025</span></h2> <figure style="width: 1366px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2019/06/gettyimages-1996466.jpg" alt="" width="1366" height="768" data-caption="" data-id="555158" data-credit="Justin Sullivan / Staff / Getty Images"><figcaption class="wp-caption-text">A collaboration with Oreo Cookies announced in 2024 is expected to result in a limited edition joint Coke/Orea cookie and drink.</figcaption></figure> <p><span style="font-weight: 400;">A consensus of 25 different Wall Street analysts have predicted an average 12-month price for Coca-Cola of $70.89. This would be -2.228% from its price today. Morgan Stanley, Truist, Citibank and Barclays are a Forecasts Joel South Michael Lerner, 81, Is Dead; Founder of a Combative Jewish Magazine https://www.nytimes.com/2024/09/06/business/media/michael-lerner-dead.html NYT > Business Day urn:uuid:fa40eb81-0602-ca61-000c-a8749969a2e2 Tue, 10 Sep 2024 10:23:39 -0400 His publication, Tikkun, was a leading voice for left-wing American Jews. His ideas about “the politics of meaning” were embraced by Hillary Clinton. Lerner, Michael (1943-2024) Deaths (Obituaries) Magazines Jews and Judaism Palestinians Writing and Writers Books and Literature Israel Tikkun (Magazine) Adam Nossiter British Country House Hotels, Without the Folderol https://www.nytimes.com/2024/09/09/travel/pig-hotels-english-country-house.html NYT > Business Day urn:uuid:6f44a2ee-e1bf-d1b9-e71f-f4d2458015b3 Tue, 10 Sep 2024 10:15:54 -0400 The Pig boutique hotels offer a casual take on the country house experience, with local food and muddy boots. 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Space and Astronomy Private Spaceflight Kennedy Space Center St Jude Children's Research Hospital Space Exploration Technologies Corp Musk, Elon Isaacman, Jared (1983- ) Kenneth Chang The spacecraft for the Polaris Dawn mission lifting off from Kennedy Space Center in Cape Canaveral, Fla., on Tuesday. Chandan Khanna/Agence France-Presse — Getty Images Ten-year Treasury yield near 15-month low as traders await Wednesday’s CPI inflation report https://www.marketwatch.com/story/ten-year-treasury-yields-nudge-up-from-15-month-lows-as-traders-eye-inflation-report-c650bbc6?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:0e3669d4-d871-62e7-a1db-db83835dfd4f Tue, 10 Sep 2024 10:03:00 -0400 Yields on U.S. government debt were little changed to slightly lower Tuesday morning as investors waited for the next important piece of macroeconomic data, the U.S. August consumer-price index report on Wednesday. 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Media Mergers, Acquisitions and Divestitures Television Newspapers Magazines Conservative Party (Great Britain) GB News Marshall Wace LLP RedBird Capital Partners Management LLC The Spectator (Magazine) Telegraph Media Group Zucker, Jeff Great Britain Marshall, Paul Stephen Castle and Mark Landler Harris Economic Plan Focuses on Prices, a Key Vulnerability https://www.nytimes.com/2024/09/10/us/politics/kamala-harris-economy-prices.html NYT > Business Day urn:uuid:f31418e9-8d87-66a6-0b94-ce8ef8a888be Tue, 10 Sep 2024 09:54:34 -0400 Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy. Harris, Kamala D Presidential Election of 2024 United States Politics and Government United States Economy Regulation and Deregulation of Industry Prices (Fares, Fees and Rates) Price Gouging Labor and Jobs Wages and Salaries Taxation Tax Credits, Deductions and Exemptions Real Estate and Housing (Residential) Protectionism (Trade) Alan Rappeport and Andrew Duehren Vice President Kamala Harris’s initial suite of proposals suggest that she would take the economy in a vastly different direction than former President Donald J. Trump. Haiyun Jiang for The New York Times Maria E. Redo, Who Won Discounts for Older Adults, Dies at 99 https://www.nytimes.com/2024/09/09/nyregion/maria-e-redo-dead.html NYT > Business Day urn:uuid:2ba96fd9-6bae-4a48-c91d-f5adab639dab Tue, 10 Sep 2024 09:54:26 -0400 She started a nonprofit in New York City in 1971 by asking stores if they would offer reduced prices for people 65 and over. Thousands of retailers said yes. 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Both CRM, as well as “Software as a Service” (SaaS), have since become synonymous with a San Francisco software management company that has [&#8230;]</p> <p>The post <a href="https://247wallst.com/forecasts/2024/09/10/salesforce-inc-crm-price-prediction-and-forecast-2025-2030/">Salesforce Inc. (CRM) Price Prediction and Forecast 2025-2030</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p><span style="font-weight: 400;">One colloquial phrase from the business world that has uniquely developed in the 21st century is “Customer Relationship Management” or CRM, which was coined by the Gartner Group in the late 1990s. Both CRM, as well as “Software as a Service” (SaaS), have since become synonymous with a San Francisco software management company that has become an industry behemoth, even taking “CRM” as its stock ticker. </span></p> <p><b>Salesforce Inc. (</b><a href="https://247wallst.com/companies/CRM/?tpid=1432236&amp;tv=link&amp;tc=in_content"><b>NYSE: CRM</b></a><b>)</b><span style="font-weight: 400;"> is the world’s largest provider of cloud-based customer relationship management (CRM) services. Its SaaS platforms bridge the gap between companies and customers around the world, facilitating and personalizing sales management, customer service, and marketing. Its acquisitions of complementary software companies have filled gaps demanded by its customers, and have subsequently fueled Salesforce’s extraordinary growth over the past decade. </span></p> <h2>Growth History Summary</h2> <figure style="width: 1500px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" src="https://247wallst.com/wp-content/uploads/2024/09/shutterstock-2470558905-huge-licensed-scaled.jpg" alt="CRM Customer Relationship Management concept, Businessman using CRM software for business marketing, Customer management." width="1500" height="786" data-caption="" data-id="1432454" data-credit="MUNGKHOOD STUDIO / Shutterstock.com"><figcaption class="wp-caption-text">Salesforce’s SaaS platforms bridge the gap between companies and customers around the world, facilitating and personalizing sales management, customer service, and marketing.</figcaption></figure> <p><span style="font-weight: 400;">From fiscal 2014 to fiscal 2024 (January 2024), Salesforce’s revenue grew at a compound annual growth rate (CAGR) of 24%. Although a good part of the growth came from organic, big acquisitions — including Demandware, Mulesoft, Tableau, and Slack. These additions contributed substantially to expand the Salesforce ecosystem. After going into the black in fiscal 2017, Salesforce’s net income continued to expand, notching a 44% CAGR from 2017 to 2024. The company also announced a $10 billion stock buyback and its first-ever dividend in 2024.</span></p> <h2>Challenges</h2> <figure style="width: 1500px" class="wp-caption aligncenter"><img decoding="async" src="https://247wallst.com/wp-content/uploads/2024/01/shutterstock-1934341358-huge-licensed-scaled.jpg" alt="dissatisfied men discuss failure. two colleagues have disagreement and conflict. businessmen face to face. disrespect and contradiction. business partners blame each other. arguing businesspeople." width="1500" height="864" data-caption="A heated argle-bargle." data-id="1343342" data-credit="Red Fox studio / Shutterstock.com"><figcaption class="wp-caption-text">Salesforce’s enormous growth since 2017 is due in large part to billion dollar key acquisitions, which have irked some activist investors concerned over erratic earnings from year to year.</figcaption></figure> <p><span style="font-weight: 400;">Although it was one of the earliest players in the CRM and SaaS arena, Salesforce would inevitably see competition, and not just from start-ups, as well as internal issues.</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Microsoft’s Dynamics 365 software for CRM challenges Salesforce head-to-head. Other rivals include Oracle’s NetSuite, SAP, HubSpot, Zendesk, Insightly, and a dozen more.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">As Salesforce has also entered the rapidly shifting AI rodeo, it has to devote considerable resources to its development and synchronous compatibility with its current products while keeping an eye on any industry of rivals’ breakthroughs.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Activist investors are pressuring management to cut costs and pause its big acquisitions.</span></li> </ul> <p><span style="font-weight: 400;">Regardless, investors are much more concerned with future stock performance over the next 1, 5, to 10 years. While most Wall Street analysts will calculate 12-month forward projections, it’s clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near term projections irrelevant. </span><b>24/7 Wall Street </b><span style="font-weight: 400;">aims to present some further looking insights based on Salesforce Inc.’s own numbers, along with business and market development information that may be of help to our readers’ own research.</span></p> <h2>Key Points In This Article</h2> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Salesforce sees currently untapped international emerging markets as fertile ground for future growth.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Salesforce’s Einstein AI solutions suite, its DataCloud and other new tech developments are foundational platforms and future developments are anticipated. </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Quantum Technology is also in Salesforce’s R&amp;D purview. </span><span style="font-weight: 400;">Salesforce made an investment in quantum technology as a part of quantum sensing vendor Q-CTRL’s $27.4 million series B extension funding in Jan, 2023.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Salesforce also invested in Cambridge Quantum Computing (CQC), a UK-based company specializing in quantum software and quantum computing, in May, 2023.</span></li> <li><span style="font-weight: 400;">24/7 Wall Street has a free report to read on what may be “the next Nvidia” if you click </span><a href="https://247wallst.com/discover-the-next-nvidia/?tpid=1432236&amp;tv=link&amp;tc=keypoints"><span style="font-weight: 400;">here</span></a><span style="font-weight: 400;">. It features a software stock we’re confident has 10X potential.</span></li> </ul> <h2>5 to 10 Year Review</h2> <figure style="width: 1366px" class="wp-caption aligncenter"><img decoding="async" src="https://247wallst.com/wp-content/uploads/2018/09/salesforce-com-marc-benioff.jpg" alt="" width="1366" height="768" data-caption="" data-id="491758" data-credit="Jerod Harris / Getty Images for i.amPULS"><figcaption class="wp-caption-text">Salesforce CEO Marc Benioff has aggressively pursued large corporate clients for long term multiple subscriptions for its CRM suite of products.</figcaption></figure> <p><span style="font-weight: 400;">Salesforce’s phenomenal growth over the past decade has been fed by strategically savvy acquisitions that have filled critical gaps in their SaaS package offerings. Starting in mid-2013, the company spent $2.5 billion for ExactTarget, which supplied cloud marketing tools to integrate Salesforce management technology with digital marketing campaigns.</span></p> <p><span style="font-weight: 400;">2016 saw the $2.8 billion purchase of Demandware, now rebranded as Salesforce CommerceCloud. It is the company’s e-commerce platform, fully integrated with Einstein AI. The need to sync the different cloud based operations and data metrics was satisfied by the $6.5 billion acquisition of MuleSoft for digital integration in 2018. Analytics software platform Tableau followed in 2019 for $15.7 billion. Finally, intraoffice and company personnel collaboration and communication platform Slack was added to Salesforce in 2021 for the sum of $27.7 billion. </span></p> <p><span style="font-weight: 400;">The large expenditures have benefitted Salesforce’s growth but have understandably made earnings erratic, which has raised the ire of some activist investors. </span></p> <table style="width: 51.1226%;"> <tbody> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">Fiscal Year (Jan. 31)</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">Price</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">Revenues</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">Net Income</span></td> </tr> <tr> <td style="width: 38.0871%;"></td> <td style="width: 16.9661%;"></td> <td style="width: 27.2449%;"></td> <td style="width: 33.9387%;"></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2016</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$68.08</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$6.667B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">(-$47.4M)</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2017</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$79.10</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$8.437B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$323M</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2018</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$113.91</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$10.540B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$360M</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2019</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$151.97</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$13.282B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$1.110B</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2020</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$182.31</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$17.098B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$126M</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2021</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$225.56</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$21.252B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$4.072B</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2022</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$232.63</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$26.492B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$1.444B</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2023</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$167.97</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$31.352B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$208M</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2024 </span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$281.09</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$34.857B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$4.136B</span></td> </tr> <tr> <td style="width: 38.0871%;"><span style="font-weight: 400;">2024 (LTM)</span></td> <td style="width: 16.9661%;"><span style="font-weight: 400;">$252.90</span></td> <td style="width: 27.2449%;"><span style="font-weight: 400;">$36.465B</span></td> <td style="width: 33.9387%;"><span style="font-weight: 400;">$5.632B</span></td> </tr> </tbody> </table> <h2>Key Drivers for Salesforce Inc.’s Future</h2> <figure style="width: 1500px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2024/09/shutterstock-2424706739-huge-licensed-scaled.jpg" alt="CRM. Customer relationship management concept, Businessman using digital tablet with customer network technology. customer service. Human resources HR management and recruitment, outsourcing" width="1500" height="536" data-caption="" data-id="1432457" data-credit="TippaPatt / Shutterstock.com"><figcaption class="wp-caption-text">Salesforce’s R&amp;D with AI, Blockchain, and Quantum Computing Technology should maintain its market share leadership for at least the next 5 years.</figcaption></figure> <ul> <li style="font-weight: 400;"><i><span style="font-weight: 400;">Financial Health</span></i><span style="font-weight: 400;">: Salesforce has a strong $8.24 billion net cash surplus position relative to debt. </span></li> <li style="font-weight: 400;"><i><span style="font-weight: 400;">Brand Strength</span></i><span style="font-weight: 400;">: Salesforce is the current CRM “King of the Hill” and commands strong brand recognition in the CRM space (including its stock ticker). This brand strength is leveraged with its newest products, which subsequently bring in customers to subscribe to the entire Salesforce ecosystem, rather than the more expensive and cumbersome option of piecemealing different software platforms for CRM.</span></li> <li style="font-weight: 400;"><i><span style="font-weight: 400;">R&amp;D</span></i><span style="font-weight: 400;">: Salesforce’s continued R&amp;D with AI, Blockchain, and Quantum Computing Technology should help it maintain its “leader of the pack” position in the CRM space. </span></li> <li style="font-weight: 400;"><i><span style="font-weight: 400;">International Marketing and Sales</span></i><span style="font-weight: 400;">: This demographic will be the next big growth target for Salesforce. This will help to offset its focus on primary market large players, which necessitate longer sales cycles and are subject to more competition from rivals.</span></li> </ul> <h2>Stock Price Prediction for 2025</h2> <figure style="width: 509px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2024/05/GettyImages-1459535120.jpg" alt="Data cloud server" width="509" height="339" data-caption="Digital generated image of data cloud server." data-id="1401580" data-credit="Andriy Onufriyenko / Moment via Getty Images"><figcaption class="wp-caption-text">Salesforce’s Data Cloud has demonstrated phenomenal capabilties for smoothly and effortlessly procesing data files in the quadrillions.</figcaption></figure> <p><span style="font-weight: 400;">A consensus taken from 44 different Wall Street analysts predicted Salesforce’s price target in 12-months to be $307.64. This calculates as gain of 25.34% from today’s stock price. The overall average recommendation was “outperform”. </span></p> <p><span style="font-weight: 400;">Based on our assessment of the financials, </span><b>24/7 Wall Street </b><span style="font-weight: 400;">projects a somewhat more conservative target price of $302.00. </span><span style="font-weight: 400;">The departure of the highly regarded CFO, Amy Weaver, is a negative. Her enviable track record managing restructuring efforts and the level of respect she commands on Wall Street cannot be disregarded. Although  she will remain as an advisor once her successor has been selected, the comfort of a smooth transition is not guaranteed. </span></p> <h2>Salesforce Inc.’s Next 5 Years’ Outlook</h2> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2024/09/crm-chart-9-10.png" alt="" width="1600" height="900" data-caption="" data-id="1434579" data-credit="24/7 Wall Street "></p> <p><span style="font-weight: 400;">As Salesforce’s Fiscal Year </span><b>2026</b><span style="font-weight: 400;"> ends January 31, 2026, the events that drive its stock performance occur predominantly throughout 2025. 24/7 Wall Street projects a stock price of $333.90, a gain of  36.06% from today’s stock price.</span></p> <p><span style="font-weight: 400;">The integration of blockchain technology into Salesforce’s product offerings is expected to be a key driver sometime in 2025. With cybersecurity breaches multiplying by the month, the ability to repel CRM platform hackers is vitally important to enterprise customers.  FY 2026 should also see the start of the rewards from its international initiatives, which will likely manifest writ large throughout 2026 for FY 2027.</span></p> <p><span style="font-weight: 400;">FY</span><b> 2027</b><span style="font-weight: 400;"> will likely begin to see the primary fruits from the international sales and marketing initiated during the latter part of FY 2024 and all of 2025. A target price of $380.70 would represent a 55.07% gain. </span></p> <p><span style="font-weight: 400;">European business accounted for roughly 23.5% and Asia Pacific 10.1%. It is predicted by several analysts to grow to 21.6% of total revenues by or before  FY 2027. Salesforce’s expansion into emerging markets is also likely to accelerate, particularly in Southeast Asia and Africa. This is untapped territory which can be a deep source of new revenue streams that can offset risks from established markets due to geopolitical and economic factors.</span></p> <p><span style="font-weight: 400;">Additionally, Salesforce’s investments in edge computing solutions should enhance its competitive advantage in the IoT space. Integration of Einstein AI for hybrid workers who spend half or more of their work time from home may likely become early converts to these additional digital tools.</span></p> <p><span style="font-weight: 400;">The </span><b>2028 </b>stock price target<span style="font-weight: 400;"> is anticipated to be $412.80, or 68.15% increase over today’s share price. </span></p> <p><span style="font-weight: 400;">Salesforce’s focus on customization towards vertical-specific CRM solutions is expected to bear fruit in 2027. By tailoring its offerings to industries such as healthcare, financial services, and manufacturing, the company expects to capture larger market share and increased customer retention. </span></p> <p><span style="font-weight: 400;">Salesforce’s continued development of low-code and no-code platforms will likely also contribute its part to attracting a broader customer base.</span></p> <p><span style="font-weight: 400;">FY </span><b>2029 </b><span style="font-weight: 400;">is projecting the completion of its integration of advanced natural language processing (NLP) capabilities into Salesforce’s products. This technology may significantly enhance customer service automation and data analysis, providing an additional competitive edge. Salesforce’s R&amp;D in quantum computing research, building on its investments in Q-CNTRL and CQC, should also begin to yield practical applications, thus potentially opening new avenues for growth and innovation. </span></p> <p><span style="font-weight: 400;">Digital twin technology with VR is another new vista for Salesforce currently in R&amp;D, but may possibly be prepared to launch during 2028-29. By creating virtual replicas of physical systems, the company may offer unprecedented insights and optimization capabilities to its customers. </span></p> <p><span style="font-weight: 400;">$451.50 is 24/7 Wall Street’s projected stock price for FY 2029, a 84.01% gain from today.</span></p> <h2>Salesforce Inc. Stock in 2030</h2> <figure style="width: 1366px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://247wallst.com/wp-content/uploads/2022/02/imageForEntry11-ESX.jpg" alt="" width="1366" height="768" data-caption="" data-id="1047677" data-credit="JasonDoiy / iStock Unreleased via Getty Images"><figcaption class="wp-caption-text">Salesforce Ventures’ VC plays with AI startups could become the company’s secret weapons for advancing its competitive advantage in the future.</figcaption></figure> <p><span style="font-weight: 400;">In FY </span><b>2030</b><span style="font-weight: 400;">, we predict Salesforce can hit a stock price of $493.80, a 101.15% increase. </span></p> <p><span style="font-weight: 400;">By 2029-2030, Salesforce’s R&amp;D investments in Augmented Reality (AR) and Virtual Reality (VR) technologies may be ready for prime time commercialization.</span></p> <p><span style="font-weight: 400;">These immersive technologies could revolutionize customer engagement and data visualization, potentially opening new revenue streams. As Salesforce expands its offerings, it may face increased competition from other enterprise software providers like ServiceNow.</span></p> <p><span style="font-weight: 400;">One other aspect to Salesforce not yet mentioned, since when its impact may become manifest is unknown, is its venture capital work in tech startups. Salesforce Ventures has a $500 million Generative AI Fund that includes a $200 million investment in Hugging Face, the largest open-source AI community on Earth. Salesforce’s presence in Hugging Face is strategically intended to expose Hugging Face using entrepreneurs to Salesforce’s CRM products in a soft sell approach that can potentially reap billions as these startup companies take off. </span></p> <table> <tbody> <tr> <td><b>Fiscal Year</b></td> <td><b>Normalized EPS</b></td> <td><b>P/E Ratio</b></td> <td><b>Projected Stock Price</b></td> </tr> <tr> <td><span style="font-weight: 400;">2025</span></td> <td><span style="font-weight: 400;">$10.06</span></td> <td><span style="font-weight: 400;">30</span></td> <td><span style="font-weight: 400;">$302.00</span></td> </tr> <tr> <td><span style="font-weight: 400;">2026</span></td> <td><span style="font-weight: 400;">$11.13</span></td> <td><span style="font-weight: 400;">30</span></td> <td><span style="font-weight: 400;">$333.90</spa Forecasts Joel South Oracle’s stock surges after earnings — and another catalyst is on the horizon https://www.marketwatch.com/story/oracles-stock-surges-after-earnings-and-another-catalyst-is-on-the-horizon-2381493f?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:9dff72db-e486-5a2b-2edc-a860076f3bc3 Tue, 10 Sep 2024 09:51:00 -0400 While Oracle’s outlook for the current quarter was in line with expectations, the company could boost its fiscal 2026 outlook at Thursday’s investor day. Emily Bary Getty Images After ‘dancing with the devil’ Unilever may be about to exit Russia https://www.marketwatch.com/story/after-dancing-with-the-devil-unilever-may-be-about-to-exit-russia-a93704d6?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:95a92ce4-2fab-7ba8-99d0-585696aff536 Tue, 10 Sep 2024 09:45:00 -0400 Consumer goods giant Unilever PLC NL:UNA UK:ULVR is set to sell its Russian business, according to reports. James Rogers Agence France-Presse/Getty Image Free four-year college was a rallying cry for Democrats in 2016 and 2020. This year they’re not talking about it. https://www.marketwatch.com/story/free-four-year-college-was-a-rallying-cry-for-democrats-in-2016-and-2020-this-year-theyre-not-talking-about-it-802bac20?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:8d6b8c99-475a-f4b8-857d-3ebaedd3dff2 Tue, 10 Sep 2024 09:40:00 -0400 After rallying around free college in 2016 and 2020, Democrats aren’t emphasizing the idea in 2024. Jillian Berman Getty Images Prediction: This Magnificent 7 Stock Will Outperform the Rest of 2024 https://247wallst.com/investing/2024/09/10/prediction-this-magnificent-7-stock-will-outperform-the-rest-of-2024/ 24/7 Wall St. urn:uuid:f0508f6a-8ac6-2b07-db7b-d87666490d27 Tue, 10 Sep 2024 09:33:49 -0400 <p>Nvidia (NASDAQ:NVDA) has been among the most closely-watched Magnificent 7 stocks on the market. The AI chip maker posted strong Q2 fiscal 2025 results, with the company’s top-line surging 122% to a record $30 billion for the quarter, driven by strong data center demand. Additionally, the company’s earnings increased 12% sequentially, and surged 168% on a [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/prediction-this-magnificent-7-stock-will-outperform-the-rest-of-2024/">Prediction: This Magnificent 7 Stock Will Outperform the Rest of 2024</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p><strong>Nvidia </strong>(<a href="https://247wallst.com/companies/nvda/?tpid=1431133&amp;tv=link&amp;tc=in_content">NASDAQ:NVDA</a>) has been among the most closely-watched Magnificent 7 stocks on the market. The AI chip maker posted strong <a href="https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2025"><span style="font-weight: 400;">Q2 fiscal 2025 results,</span></a> with the company’s top-line surging 122% to a record $30 billion for the quarter, driven by strong data center demand. Additionally, the company’s earnings increased 12% sequentially, and surged 168% on a year-over-year basis. One might have thought that such earnings, which below out analyst expectations, would have led to some material increase in value for the stock. That wasn’t the case.</p> <p>In the case of Nvidia, a company which beats and raises each and every quarter, it’s the size of the beat that matters. In this case, the market appears to be less enthused by some other factors, such as softening in margins and projected delays with the company’s rollout of its new Blackwell chips.</p> <p>That said, there are no shortage of bulls who consider this stock a long-term buy, for a whole host of reasons. The company’s comprehensive platform spanning hardware, software and services has solidified Nvidia’s dominant market position in the world of AI chips. In fact, among its competitors, Nvidia holds roughly 80% share in this high-margin, high-growth segment of the semiconductor market.</p> <p>Let’s dive into the bull case behind why this Magnificent 7 stock could have much more room to run from here.</p> <h2>Key Points About This Article:</h2> <ul> <li>Nvidia has continued to dominate mind share for most investors bullish on the future of artificial intelligence, and the growth this sector has to provide.</li> <li>With around 80% market share in high-performance computing chips, Nvidia’s strong demand could provide fundamentals few investors can ignore in the coming quarters.</li> <li>If you’re looking for some stocks with huge potential, make sure to grab a free copy of our <a href="https://247wallst.com/discover-the-next-nvidia/?tpid=1431133&amp;tv=link&amp;tc=keypoints" data-google-interstitial="false"><strong>brand-new “The Next NVIDIA” report</strong></a>. It features a software stock we’re confident has 10X potential.</li> </ul> <h2>Concerns Are Real, But Should Investors Worry?</h2> <p><img fetchpriority="high" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2021/10/imageForEntry22-0oA.jpg" alt="" width="1366" height="768" data-caption="" data-id="971256" data-credit="fizkes / iStock via Getty Images"></p> <p><span style="font-weight: 400;">Nvidia saw its stock drop more than 5% in the week following what can only be described as a blowout earnings report. The company raised its Q3 guidance, issued another $50 billion stock buyback, and continues to see strong demand-driven fundamentals. However, underneath the surface, some investors are clearly taking the view that this growth isn’t good enough. </span></p> <p>Now, given the law of large numbers, the greater a company like Nvidia’s revenue and earnings are, the harder it is to continue to grow earnings at breakneck speed. That makes sense – once a market is almost fully dominated, outside of perpetually increasing demand, at some point the market will likely price in most of a company’s future earnings potential. That’s what it’s supposed to do, and it’s unclear how much unclaimed demand Nvidia investors aren’t factoring in.</p> <p>And on a forward demand basis, some <a href="https://fortune.com/2024/08/29/nvidia-earnings-stock-cfo-colette-kress/"><span style="font-weight: 400;">concerns</span></a> around the company’s shift to<span style="font-weight: 400;"> Blackwell chip production are starting to take hold. The company did confirm in its earnings report that this particular chip is now being sampled by customers, with “several billion dollars” in revenue expected in Q4. However, there’s no real clarity on what this number will be, and how robust 2025 sales will be. While guidance was raised in the expectation that these chips are a hit, and growth in data centers remains strong driven by AI inferencing, there are certainly growth-related risks investors are pricing in. </span></p> <p>Analysts have been quick to <a href="https://www.sahmcapital.com/news/content/raymond-james-maintains-strong-buy-on-nvidia-raises-price-target-to-1100-2024-04-11"><span style="font-weight: 400;">raise their price targets on NVDA stock,</span></a> despite Blackwell chip delays, noting strong growth for Q4 is more likely than not. However, it’s clear investors aren’t necessarily piling onto this side of the boat just yet.</p> <h2>Growth Drivers Are Clear</h2> <p><img decoding="async" src="https://247wallst.com/wp-content/uploads/2024/08/shutterstock-2466866647-huge-licensed-scaled.jpg" alt="Investment and saving money concept. A man placing coins with growing tree with white up arrow of financial developments and business growth" width="1500" height="1000" data-caption="" data-id="1429259" data-credit="Sichon / Shutterstock.com" data-ccinfo="{&amp;quot;licenseUrl&amp;quot;:&amp;quot;https://www.shutterstock.com/license&amp;quot;,&amp;quot;licenseText&amp;quot;:&amp;quot;Shutterstock.com&amp;quot;,&amp;quot;imgTitle&amp;quot;:&amp;quot;Investment and saving money concept. A man placing coins with growing tree with white up arrow of financial developments and business growth&amp;quot;,&amp;quot;photoUrl&amp;quot;:&amp;quot;https://www.shutterstock.com/image-photo/2466866647&amp;quot;,&amp;quot;authorUrl&amp;quot;:&amp;quot;https://www.shutterstock.com/g/Sichon&amp;quot;,&amp;quot;authorName&amp;quot;:&amp;quot;Sichon&amp;quot;,&amp;quot;imgSrc&amp;quot;:&amp;quot;https://www.shutterstock.com/image-photo/2466866647&amp;quot;}"></p> <p>So, that’s the bear case. Growth may finally be peaking, margins flattening, and new innovative chips may take a bit longer to reach market than previously thought.</p> <p>But for bulls on Nvidia, the growth drivers are clear. The company’s <a href="https://www.fierce-network.com/cloud/heres-why-rumored-nvidia-blackwell-gpu-delay-matters-data-centers"><span style="font-weight: 400;">highly-anticipated Blackwell</span></a><span style="font-weight: 400;"> next-generation GPU chip is set to generate billions in revenue by Q4 fiscal 2025. And so long as major customers like Microsoft and Amazon pile into the AI thesis long-term, this is a new revenue and earnings driver that could provide the kind of growth so many investors are after. </span></p> <p>I think the important thing to point out is that this Blackwell chip represents Nvidia’s dedication to pursuing innovation. The company’s management team remains confident in its ability to continue to iterate toward even more powerful chips over time, taking even more market share in a very lucrative segment.</p> <p>And while some have issue with Nvidia’s ongoing buybacks ($50 billion should help investors to a certain degree, but many question whether this capital may be better-used fueling the company’s core growth engine), it’s also true that Nvidia appears to be spitting off so much cash, it is having difficulty deploying it all. Overall, that should be a positive net signal to the market.</p> <p>With additional investments in the AI space taking hold, with <a href="https://www.theverge.com/2024/8/29/24231626/apple-nvidia-openai-invest-microsoft"><span style="font-weight: 400;">Apple and Nvidia</span></a> reportedly considering investing in OpenAI’s next funding round, there are plenty of growth catalysts on this front for investors to continue to focus on.</p> <h2>Nvidia Still Looks Like a Buy</h2> <p><img decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2024/04/shutterstock_2411572419-scaled.jpg" alt="NVIDIA Stock Chart" width="2560" height="1920" data-caption="" data-id="1386881" data-credit="Shutterstock / Piotr Swat"></p> <p><span style="font-weight: 400;">Nvidia’s upcoming Blackwell chips offer up to 4x faster training and 30x faster inference than the company’s H100 chips and could usher in a truly new era of computing power. For companies looking to develop the latest and greatest AI applications, these chips are a big deal. And while the market has clearly priced in a significant amount of enthusiasm into NVDA stock on this catalyst alone, I think it’s one investors should continue to focus on.</span></p> <p>In the coming quarters, I think investors will want to see meaningful top and bottom line impacts from its Blackwell rollout. If things can move forward faster than expected, and earnings do hit the $5 per share level some analysts believe, this is a stock that could have material upside from here (even factoring in some valuation multiple contraction). Accordingly, this is a Magnificent 7 stock I think investors may want to consider on this recent dip.</p> <p><!-- /wp:paragraph --></p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="65ee29f26ae7b" data-site="247wallst" data-link="" data-campaign-name="SA_AdvisorPitch2" data-utm-source="247wallst" data-utm-campaign="SA_AdvisorPitch2" data-utm-term="247wallst"> <h2><strong>ALERT: Take This Retirement Quiz Now  (Sponsored)</strong></h2> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch2&amp;utm_content=desktop|prediction-this-magnificent-7-stock-will-outperform-the-rest-of-2024|1431133&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1431133&amp;tc=65ee29f26ae7b" target="_blank" rel="noopener nofollow sponsored">Take the quiz below to get matched with a financial advisor today.</a></p> <p>Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.</p> <p>Here’s how it works:<br> 1. <a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch2&amp;utm_content=desktop|prediction-this-magnificent-7-stock-will-outperform-the-rest-of-2024|1431133&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1431133&amp;tc=65ee29f26ae7b" target="_blank" rel="noopener nofollow sponsored">Answer SmartAsset advisor match quiz</a><br> 2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.<br> 3. <a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch2&amp;utm_content=desktop|prediction-this-magnificent-7-stock-will-outperform-the-rest-of-2024|1431133&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1431133&amp;tc=65ee29f26ae7b" target="_blank" rel="noopener nofollow sponsored">Speak with advisors at no cost to you.</a> Have an introductory call on the phone or introduction in person and choose whom to work with in the future</p> <p>Take the retirement quiz <a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch2&amp;utm_content=desktop|prediction-this-magnificent-7-stock-will-outperform-the-rest-of-2024|1431133&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1431133&amp;tc=65ee29f26ae7b" target="_blank" rel="noopener nofollow sponsored">right here</a>.</p> </div> <p>The post <a href="https://247wallst.com/investing/2024/09/10/prediction-this-magnificent-7-stock-will-outperform-the-rest-of-2024/">Prediction: This Magnificent 7 Stock Will Outperform the Rest of 2024</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> Investing Chris MacDonald Every Aircraft the US Air Force Flies Today https://247wallst.com/military/2024/09/10/every-aircraft-the-us-air-force-flies-today/ 24/7 Wall St. urn:uuid:d0a464c9-03e0-a26d-2f74-60294fcf39d8 Tue, 10 Sep 2024 09:33:17 -0400 <p>24/7 Wall St. Insights: The U.S. Air Force is among an elite club of air forces that has access to fifth-generation fighter jets The F-22 Raptor and F-35 Lightning II are some of the most advanced fighter jets in the American fleet. The U.S. operates a number of logistical aircraft like the C-130J Super Hercules [&#8230;]</p> <p>The post <a href="https://247wallst.com/military/2024/09/10/every-aircraft-the-us-air-force-flies-today/">Every Aircraft the US Air Force Flies Today</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p><strong>24/7 Wall St. Insights:</strong></p> <ul> <li>The U.S. Air Force is among an elite club of air forces that has access to fifth-generation fighter jets</li> <li>The F-22 Raptor and F-35 Lightning II are some of the most advanced fighter jets in the American fleet.</li> <li>The U.S. operates a number of logistical aircraft like the C-130J Super Hercules that has been a mainstay of the Air Force since the 1950s.</li> <li>Also: <a href="https://247wallst.com/discover-the-next-nvidia/?tpid=1434529&amp;tv=link&amp;tc=keypoints" target="_blank" rel="noopener">Discover the next Nvidia</a></li> </ul> <p>Fifth-generation fighter jets represent the best of modern aviation, combining stealth and advanced avionics. Access to these cutting-edge jets is limited to a select few nations like Russia or China. The United States is also among these elite countries, with widespread use of these fifth-generation fighter jets adding to its status as one of the most powerful air forces in the world. (<a href="https://247wallst.com/military/2024/07/21/nearly-900-of-this-stealth-fighter-jet-take-to-the-skies-worldwide/?tpid=1434529&amp;tv=link&amp;tc=in_content" target="_blank" rel="noopener">Nearly 900 of these stealth fighter jets take to the skies worldwide.</a>)</p> <p>Key examples within the U.S. Air Force include the F-22 Raptor and F-35 Lightning II, both renowned for their air superiority and versatility. Apart from these fighters, the Air Force operates a variety of other aircraft designed to accomplish strategic objectives that may fall outside of combat roles–most of these are logistical.</p> <p>Here 24/7 Wall St. is looking at all of the U.S. Air Force’s aircraft. To identify every aircraft in the U.S. Air Force, 24/7 Wall St. reviewed the <a href="https://www.flightglobal.com/download?ac=98881" target="_blank" rel="noopener">2024 World Air Forces</a> report from FlightGlobal, an aviation and aerospace industry publication. We ordered these aircraft alphabetically. We also included supplemental data on the type of aircraft and top speed. We excluded trainer aircraft.</p> <p>Despite entering service only in the last decade, the F-35 Lightning II has rapidly become a key asset in many Air Force missions, capable of carrying a wide range of munitions, including nuclear weapons. Its next level stealth also allows for reconnaissance missions as well. (These are <a href="https://247wallst.com/military/2024/06/18/the-oldest-and-most-cutting-edge-stealth-aircraft-flown-today/?tpid=1434529&amp;tv=link&amp;tc=in_content" target="_blank" rel="noopener">the oldest and most cutting-edge stealth aircraft in service today.</a>)</p> <p>Additionally, the U.S. Air Force relies on a fleet of aircraft for strategic and tactical airlift operations. These aircraft transport troops, cargo, and equipment worldwide, fulfilling various mission objectives. The C-130 Hercules has been a mainstay since the 1950s and remains the Air Force’s workhorse for both transport and tanker roles across its many variants.</p> <h4>Here is a look at every aircraft in the U.S. Air Force:</h4> <h2>Why Are We Covering This?</h2> <p><img fetchpriority="high" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2024/02/imageForEntry10-o4n.jpg" alt="Slovakia+military+aircraft | JAS-39 Gripen Czechia" width="1366" height="911" data-caption="Slovak International Air Fest (SIAF) 2022 / Airbase Malacky - Kuchyna / Slovakia" data-id="1365797" data-credit="slezo / Flickr" data-ccinfo="{&amp;quot;licenseUrl&amp;quot;:&amp;quot;https:\/\/creativecommons.org\/licenses\/by-sa\/2.0\/&amp;quot;,&amp;quot;licenseText&amp;quot;:&amp;quot;CC BY-SA 2.0&amp;quot;,&amp;quot;imgTitle&amp;quot;:&amp;quot;JAS-39 Gripen Czechia&amp;quot;,&amp;quot;photoUrl&amp;quot;:&amp;quot;https:\/\/www.flickr.com\/photos\/slezo\/52490692603\/&amp;quot;,&amp;quot;authorUrl&amp;quot;:&amp;quot;https:\/\/www.flickr.com\/people\/slezo\/&amp;quot;,&amp;quot;authorName&amp;quot;:&amp;quot;slezo&amp;quot;,&amp;quot;imgSrc&amp;quot;:&amp;quot;https:\/\/live.staticflickr.com\/65535\/52490692603_764d11c4c3_o.jpg&amp;quot;}"></p> <p>Understanding the aircraft in the US Air Force is important because these aircraft play a pivotal role in maintaining national security and global stability. Each aircraft is designed for specific missions, from air superiority to strategic bombing and reconnaissance, which are essential for defending the country and projecting power abroad. Also knowing which aircraft are in service give context to military capabilities and a better understanding of national defense.</p> <h2 class="pubentry-header"><strong>A-10C Thunderbolt II</strong></h2> <div class="pubentry-image-wrap"><img decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2023/06/Fairchild-Republic-A-10C-Thunderbolt-II-1.jpg" alt="" width="645" height="363" data-credit="Public Domain / Wikimedia Commons" data-id="1258520"></div> <ul> <li><strong>Type:</strong> Close-air support / forward air control</li> <li><strong>Year introduced:</strong> 1976</li> <li><strong>Active aircraft:</strong> 270</li> <li><strong>Top speed:</strong> 439 mph</li> <li><strong>Armament:</strong> 30mm GAU-8/A gatling gun, Maverick missiles, Sidewinder missiles, rocket pods, drop bombs, cluster bombs, Paveway bombs</li> </ul> <p>The A-10C Thunderbolt was introduced in 1976 built by Fairchild Republic. It specializes in close-air support and forward air control. It comes equipped with a 30mm GAU-8/A gatling gun, which can fire up to 3,900 rounds per minute, along with a variety of missiles and bombs, including Mavericks and Sidewinders. This aircraft is affectionately known as the “Warthog” for its toughness in battles over the years.</p> <h2 class="pubentry-header"><strong>AC-130J Ghostrider</strong></h2> <div class="pubentry-image-wrap"><img decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry11-MQ9.jpg" alt="" width="645" height="363" data-credit="ajw1970 / Flickr" data-id="1189431" data-ccinfo='{"licenseUrl":"https:\/\/creativecommons.org\/licenses\/by-sa\/2.0\/","licenseText":"CC BY-SA 2.0","imgTitle":"Lockheed-Martin AC-130J Ghostr...","photoUrl":"https:\/\/www.flickr.com\/photos\/ajw1970\/50866763483\/","authorUrl":"https:\/\/www.flickr.com\/people\/ajw1970\/","authorName":"Alan Wilson","imgSrc":"https:\/\/live.staticflickr.com\/65535\/50866763483_2422019e03_o.jpg"}'></div> <ul> <li><strong>Type:</strong> Ground attack / close-air support</li> <li><strong>Year introduced:</strong> 2017</li> <li><strong>Active aircraft:</strong> 29</li> <li><strong>Top speed:</strong> 416 mph</li> <li><strong>Armament:</strong> 30mm ATK GAU-23/A automatic cannon, 105mm M102 field howitzer, Griffin missiles, Viper Strike precision-guided bombs, Hellfire missiles, drop bombs</li> </ul> <p>Out of the AC-130 gunship series, Ghostrider is the latest iteration. It can equip practically any ordnance including a gun meant for ground artillery. The Ghostrider is easily one ofhte most heavily armed aircraft in the U.S. Air Force.</p> <h2 class="pubentry-header"><strong>AC-130W Stinger II</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2023/03/AC-130W-Stinger-II.jpg" alt="" width="645" height="363" data-credit="Public Domain / Wikimedia Commons" data-id="1209062"></div> <ul> <li><strong>Type:</strong> Special operations fixed-wing gunship</li> <li><strong>Year introduced:</strong> 2010</li> <li><strong>Active aircraft:</strong> 3</li> <li><strong>Top speed:</strong> 300 mph</li> <li><strong>Armament:</strong> 30mm Bushmaster II GAU-23/A gatling gun, Viper Strike missiles, Griffin missiles, Hellfire missiles</li> </ul> <p>The AC-130W Stinger II comes equipped with a30mm Bushmaster II GAU-23/A gatling gun, along with Viper Strike, Griffin and Hellfire missiles. The Stinger II is designed to deliver serious firepower in support of ground forces. The Stinger II is a step up from the legacy AC-130 gunships, notably integrating advanced missile systems. Built by Lockheed Martin, this gunship only recently entered service in 2010.</p> <h2 class="pubentry-header"><strong>AT-802U Sky Warden</strong></h2> <div class="pubentry-image-wrap"> <p><img loading="lazy" decoding="async" class="alignnone" src="https://247wallst.com/wp-content/uploads/2024/02/UAEAF_AT-802_at_Dubai_Airshow_2021.jpg" alt="" width="1600" height="1200" data-caption="" data-id="1360356" data-credit="Mztourist / Wikimedia Commons" data-ccinfo="{&amp;quot;licenseUrl&amp;quot;:&amp;quot;https://creativecommons.org/licenses/by-sa/4.0/deed.en&amp;quot;,&amp;quot;licenseText&amp;quot;:&amp;quot;CC BY-SA 4.0 DEED&amp;quot;,&amp;quot;imgTitle&amp;quot;:&amp;quot;AT-802&amp;quot;,&amp;quot;photoUrl&amp;quot;:&amp;quot;https://upload.wikimedia.org/wikipedia/commons/f/f3/UAEAF_AT-802_at_Dubai_Airshow_2021.jpg&amp;quot;,&amp;quot;authorUrl&amp;quot;:&amp;quot;https://commons.wikimedia.org/wiki/User:Mztourist&amp;quot;,&amp;quot;authorName&amp;quot;:&amp;quot;Mztourist&amp;quot;,&amp;quot;imgSrc&amp;quot;:&amp;quot;Own work&amp;quot;}"></p> </div> <ul> <li><strong>Type:</strong> Multirole light aircraft</li> <li><strong>Year introduced:</strong> 1990</li> <li><strong>Active aircraft:</strong> 75 on order</li> <li><strong>Top speed:</strong> 221 mph</li> <li><strong>Armament:</strong> Gun pods, cannon pods, conventional drop bombs</li> </ul> <p>While the Sky Warden may not rank among the fastest or most heavily-armed aircraft in the U.S. Air Force, it plays an important role in both combat and reconnaissance operations. Standard armament options include gun pods, cannon pods, and even conventional drop bombs. Air Tractor was originally designed for agricultural tasks such as crop dusting but it has since been modified for military purposes.</p> <h2 class="pubentry-header"><strong>B-1B Lancer</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/07/imageForEntry17-dhp.jpg" alt="" width="645" height="363" data-credit="Rockwell International (now part of Boeing) B-1B 'Lancer' by aeroman3 / PDM 1.0 (https://creativecommons.org/publicdomain/mark/1.0/)" data-id="1418938" data-ccinfo="{&quot;authorName&quot;:&quot;aeroman3&quot;,&quot;authorUrl&quot;:&quot;https:\/\/www.flickr.com\/photos\/47430793@N08&quot;,&quot;imgSrc&quot;:&quot;https:\/\/www.flickr.com\/photos\/47430793@N08\/47605596081&quot;,&quot;imgTitle&quot;:&quot;Rockwell International (now part of Boeing) B-1B 'Lancer'&quot;,&quot;licenseText&quot;:&quot;PDM 1.0&quot;,&quot;licenseUrl&quot;:&quot;https:\/\/creativecommons.org\/publicdomain\/mark\/1.0\/&quot;,&quot;photoUrl&quot;:&quot;https:\/\/live.staticflickr.com\/7874\/47605596081_6e82ce0c03_b.jpg&quot;}"></div> <ul> <li><strong>Type:</strong> Strategic heavy bomber</li> <li><strong>Year introduced:</strong> 1986</li> <li><strong>Active aircraft:</strong> 42</li> <li><strong>Top speed:</strong> 833 mph</li> <li><strong>Armament:</strong> Joint direct attack munitions, general purpose bombs, naval mines, cluster munitions, SRAM missiles, JASSM missiles, JSOW missiles, freefall nuclear bombs</li> </ul> <p>The B-1B Lancer was introduced in 1986. It is a strategic heavy bomber known for its speed, capable of hitting up to 833 mph, making it one of the fastest bombers in the U.S. Air Force. It can carry a wide range of armaments, including joint direct attack munitions, general-purpose bombs, JASSM missiles, and even freefall nuclear bombs.</p> <h2 class="pubentry-header"><strong>B-2 Spirit</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/03/imageForEntry1-5HL.jpg" alt="" width="645" height="363" data-credit="telegraham / E+ via Getty Images" data-id="1085232"></div> <ul> <li><strong>Type:</strong> Strategic stealth heavy bomber</li> <li><strong>Year introduced:</strong> 1997</li> <li><strong>Active aircraft:</strong> 17</li> <li><strong>Top speed:</strong> 628 mph</li> <li><strong>Armament:</strong> Air-launched cruise missiles, strategic free-fall nuclear bombs, conventional drop bombs, joint direct attack munitions, JASSM missiles</li> </ul> <p>The B-2 Spirit, a strategic stealth heavy bomber introduced in 1997, has a top speed of 628 mph and is built to deliver a wide range of ordnance, including nuclear bombs. Despite having only 17 in active service, the B-2 is capable of delivering payloads that far exceed its class, making it a powerful asset in the U.S. Air Force.</p> <h2 class="pubentry-header"><strong>B-21 Raider</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/04/B-21-Raider.jpg" alt="" width="645" height="363" data-credit="Public Domain / Wikimedia Commons" data-id="1085630" data-ccinfo="{&quot;licenseUrl&quot;:&quot;&quot;,&quot;licenseText&quot;:&quot;&quot;,&quot;imgTitle&quot;:&quot;&quot;,&quot;photoUrl&quot;:&quot;https:\/\/commons.wikimedia.org\/wiki\/File:B-21_rendering_3.jpg&quot;,&quot;authorUrl&quot;:&quot;&quot;,&quot;authorName&quot;:&quot;&quot;,&quot;imgSrc&quot;:&quot;&quot;,&quot;message&quot;:&quot;Creative commons fields are incomplete in media library (see below)! Either complete all fields or don't use&quot;}"></div> <ul> <li><strong>Type:</strong> Long range strategic stealth bomber</li> <li><strong>Year introduced:</strong> Expected 2028</li> <li><strong>Active aircraft:</strong> 100 on order</li> <li><strong>Top speed:</strong> 621 mph</li> <li><strong>Armament:</strong> Conventional drop bombs, precision-guided bombs, nuclear-tipped bombs/missiles</li> </ul> <p>The B-21 Raider is set to enter service within the next decade, augmenting the B-2 Spirit stealth bombers. It will be capable of deploying both conventional and precision-guided bombs, along with nuclear-tipped bombs and missiles. With 100 of these advanced bombers on order, test flights have already occurred in the past year, marking significant progress toward its operational debut.</p> <h2 class="pubentry-header"><strong>B-52H Stratofortress</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry33-3NO.jpg" alt="" width="645" height="363" data-credit="my_public_domain_photos / Flickr" data-id="1258497"></div> <ul> <li><strong>Type:</strong> Long range strategic heavy bomber</li> <li><strong>Year introduced:</strong> 1955</li> <li><strong>Active aircraft:</strong> 72</li> <li><strong>Top speed:</strong> 595 mph</li> <li><strong>Armament:</strong> ACLM cruise missiles, Harpoon missiles, CALCM cruise missiles, joint direct attack munitions, freefall nuclear bombs</li> </ul> <p>The B-52, introduced in 1955, stands as one of the longest-serving aircraft in the U.S. Air Force. Developed in the years following World War II to replace the B-29 Superfortress, which famously dropped the bomb on Japan, the B-52 was designed to carry larger payloads, including nuclear weapons. Throughout the Cold War, the Stratofortress served as a critical component of the U.S. nuclear deterrent.</p> <h2 class="pubentry-header"><strong>Beech C-12 Huron</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/07/imageForEntry5-PSE-scaled.jpg" alt="" width="645" height="363" data-credit="Japanese - American Friendship Festival 2024, Yokota Air Base Beech C-12 Huron a by 江戸村のとくぞう / BY 4.0 (https://creativecommons.org/licenses/by/4.0/)" data-id="1422685" data-ccinfo='{"authorName":"\u6c5f\u6238\u6751\u306e\u3068\u304f\u305e\u3046","authorUrl":"https:\/\/commons.wikimedia.org\/wiki\/User:%E6%B1%9F%E6%88%B8%E6%9D%91%E3%81%AE%E3%81%A8%E3%81%8F%E3%81%9E%E3%81%86","imgSrc":"https:\/\/commons.wikimedia.org\/w\/index.php?curid=148639607","imgTitle":"Japanese - American Friendship Festival 2024, Yokota Air Base Beech C-12 Huron a","licenseText":"BY 4.0","licenseUrl":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/","photoUrl":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/f\/fd\/Japanese_-_American_Friendship_Festival_2024%2C_Yokota_Air_Base_Beech_C-12_Huron_a.jpg"}'></div> <ul> <li><strong>Type:</strong> Transport aircraft</li> <li><strong>Year introduced:</strong> 1974</li> <li><strong>Active aircraft:</strong> 62</li> <li><strong>Top speed:</strong> 332 mph</li> <li><strong>Armament:</strong> N/A</li> </ul> <p>The C-12 Huron is typically used for transporting personnel, light cargo, and performing medical evacuation missions.</p> <h2 class="pubentry-header"><strong>Boeing C-32</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2023/07/Boeing-C-32-1.jpg" alt="" width="645" height="363" data-credit="Public Domain / Wikimedia Commons" data-id="1265830"></div> <ul> <li><strong>Type:</strong> VIP Transport</li> <li><strong>Year introduced:</strong> 1996</li> <li><strong>Active aircraft:</strong> 4</li> <li><strong>Top speed:</strong> 605 mph</li> <li><strong>Armament:</strong> N/A</li> </ul> <p>The Boeing C-32 is usually used to transport high-ranking government officials, including the Vice President of the United States.</p> <h2 class="pubentry-header"><strong>Boeing RC-135</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/05/imageForEntry27-avG.jpg" alt="" width="645" height="363" data-credit="my_public_domain_photos / Flickr" data-id="1121489"></div> <ul> <li><strong>Type:</strong> Multi-mission reconnaissance aircraft</li> <li><strong>Year introduced:</strong> 1962</li> <li><strong>Active aircraft:</strong> 22</li> <li><strong>Top speed:</strong> 581 mph</li> <li><strong>Armament:</strong> N/A</li> </ul> <p>The Boeing RC-135, introduced in 1962, is a multi-mission reconnaissance aircraft with a top speed of 581 mph, and 22 are currently active. It has played a crucial role in intelligence gathering for decades, especially during major conflicts like the Cold War.</p> <h2 class="pubentry-header"><strong>Bombardier Express E-11</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2023/06/Airbus-Bombardier-Express-E-11-1.jpg" alt="" width="645" height="363" data-credit="Daryona / Wikimedia Commons" data-id="1258546" data-ccinfo='{"licenseUrl":"https:\/\/creativecommons.org\/licenses\/by-sa\/4.0\/","licenseText":"CC BY-SA 4.0","imgTitle":"HB-JRJ at Zurich International Airport","photoUrl":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/1\/18\/HB-JRJ_at_Zurich_International_Airport_2021-10-05_1.jpg","authorUrl":"https:\/\/commons.wikimedia.org\/w\/index.php?title=User:Daryona&amp;amp;amp;action=edit&amp;amp;amp;redlink=1","authorName":"Daryona","imgSrc":"https:\/\/commons.wikimedia.org\/wiki\/File:HB-JRJ_at_Zurich_International_Airport_2021-10-05_1.jpg"}'></div> <ul> <li><strong>Type:</strong> Special missions platform</li> <li><strong>Year introduced:</strong> 1997</li> <li><strong>Active aircraft:</strong> 7</li> <li><strong>Top speed:</strong> 684 mph</li> <li><strong>Armament:</strong> N/A</li> </ul> <p>The Bombardier Express E-11 was introduced in the late 1990s. It is a special missions platform that plays a role in providing battlefield communications between air and ground forces.</p> <h2 class="pubentry-header"><strong>C-130J Super Hercules</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/08/imageForEntry2-3is.jpg" alt="" width="645" height="363" data-credit="Public Domain / Wikimedia Commons" data-id="1164700"></div> <ul> <li><strong>Type:</strong> Tactical medium transport aircraft</li> <li><strong>Year introduced:</strong> 1999</li> <li><strong>Active aircraft:</strong> 330</li> <li><strong>Top speed:</strong> 416 mph</li> <li><strong>Armament:</strong> N/A</li> </ul> <p>The C-130J is the workhorse of the U.S. Air Force with over 300 currently in service. These behemoths act as the logistical backbone of the fleet.</p> <h2 class="pubentry-header"><strong>C-146 Wolfhound</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry21-3qn.jpg" alt="" width="645" height="363" data-credit="Thanh Liem / iStock Editorial via Getty Images" data-id="1266035"></div> <ul> <li><strong>Type:</strong> Special missions support</li> <li><strong>Year introduced:</strong> 2000</li> <li><strong>Active aircraft:</strong> 20</li> <li><strong>Top speed:</strong> 217 mph</li> <li><strong>Armament:</strong> N/A</li> </ul> <p>Despite its low top speed, the C-146 Wolfhound is often used by U.S. Special Operations Command for transporting small teams and cargo.</p> <h2 class="pubentry-header"><strong>C-17 Globemaster III</strong></h2> <div class="pubentry-image-wrap"><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry13-Y5k.jpg" alt="" width="645" height="363" data-credit="crudmucosa / Flickr" data-id="1189433" data-ccinfo='{"licenseUrl":"https:\/\/creativecommons.org\/licenses\/by\/2.0\/","licenseText":"CC BY 2.0","imgTitle":"C-17 Globemaster III At Rest","photoUrl":"https:\/\/www.flickr.com\/photos\/crudmucosa\/21407077859\/","authorUrl":"https:\/\/www.flickr.com\/ Military Chris Lange Why Jim Cramer Is Right About These 2 Stock Picks https://247wallst.com/investing/2024/09/10/why-jim-cramer-is-right-about-these-2-stock-picks/ 24/7 Wall St. urn:uuid:4191149d-1519-e10b-3ad8-22cb0c2088a2 Tue, 10 Sep 2024 09:30:13 -0400 <p>Mad Money host Jim Cramer has a lot to say about a wide range of stocks. As one of the most influential figures in the mainstream financial media, there’s sure to be a long line of investors hoping to call in to get his viewpoint on specific publicly traded names. After all, he did foresee [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/why-jim-cramer-is-right-about-these-2-stock-picks/">Why Jim Cramer Is Right About These 2 Stock Picks</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p>Mad Money host Jim Cramer has a lot to say about a wide range of stocks. As one of the most influential figures in the mainstream financial media, there’s sure to be a long line of investors hoping to call in to get his viewpoint on specific publicly traded names. After all, he did foresee the Great Financial Crisis of 2008 coming.</p> <p>In this piece, we’ll look at two beaten-down stocks that I think Jim Cramer is right to be bullish on. The following names have been unfairly dragged down amid the summer season of volatility. And with numerous long-term growth drivers, dip-buyers may wish to jump in while market sentiment is still mixed-to-mildly negative.</p> <p>Of course, no investing guru can get every pick spot-on. That said, when it comes to these two firms, I think Cramer will be proven right in a big-time way after the rather upsetting seasonal period of quarterly earnings comes to a close.</p> <p class="p1"><b>Key Points About This Article</b></p> <ul class="ul1"> <li>The recent tech slide has weighed heavily on some mega-cap tech stars, some of which Jim Cramer is a fan of.</li> <li>Apple and Microsoft shares could fare well from here, even if they’re not done bottoming.</li> <li class="li1">If you’re looking for some stocks with huge potential, make sure to grab a free copy of our <a href="https://247wallst.com/discover-the-next-nvidia/?tpid=1426248&amp;tv=link&amp;tc=keypoints"><b>brand-new “The Next NVIDIA” report</b></a>. It features a software stock we’re confident has 10X potential.</li> </ul> <p><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/02/GettyImages-1660496234.jpg" alt="Apple Unveils iPhone 15 And Other New Products" width="622" height="418" data-caption="CUPERTINO, CALIFORNIA - SEPTEMBER 12: The new iPhone 15 Pro and iPhone 15 Pro Max are displayed during an Apple event on September 12, 2023 in Cupertino, California. Apple revealed its lineup of the latest iPhone 15 versions as well as other product upgrades during the event. (Photo by Justin Sullivan/Getty Images)" data-id="1361416" data-credit="2023 Getty Images / Getty Images News via Getty Images"></p> <h2><strong>Apple</strong></h2> <p>Cramer said Apple (<a href="https://247wallst.com/companies/aapl/?tpid=1426248&amp;tv=link&amp;tc=in_content">NASDAQ:AAPL</a>) is the “quarterback of any portfolio” and the company just unveiled a slew of intriguing new gadgets this Monday at its glowtime event. Undoubtedly, investors were not enthused, as AAPL shares trailed the market, sagging amid the event at an alarming pace before finishing the day flat.</p> <p>In a prior piece, I urged investors to be cautious ahead of the Sept. 9 event, noting that keynotes tend to underwhelm and that most of the exciting news was probably already shown off at the WWDC 2024 event earlier this year. Despite the initial muted reaction from investors, I did think the keynote saw some notable and underrated positives that could be subject to analyst price target hikes in the coming weeks.</p> <p>Of course, there was the new iPhone 16 line with a new camera button and an A17 chip based on the all-new <strong>Arm Holdings</strong> (<a href="https://247wallst.com/companies/arm/?tpid=1426248&amp;tv=link&amp;tc=in_content">NASDAQ:ARM</a>) V9 architecture, which is better for AI applications. Additionally, we got a closer look at Apple Intelligence. Of course, AI has the potential to be a game-changer for Apple. However, the biggest under-the-radar innovation from the keynote was in AirPods.</p> <p>Indeed, the AirPods lineup got a nice refresh. The much-improved active noise cancellation (ANC), better battery life, and other quality-of-life improvements are appreciated. However, the hearing health features set AirPods apart from the pack, showing that the legendary earbuds are far more than just for enjoying digital audio.</p> <p>The company’s AirPods Pro 2 can also <a href="https://www.apple.com/newsroom/2024/09/apple-introduces-groundbreaking-health-features/">act as a clinical-grade hearing aid</a>, helping enhance audio in the real world. That profound feature shows innovation is still alive and well at Apple. And given how discrete and cool-looking AirPods are, I have no doubt that the new buds will be a hit among those who use hearing aids.</p> <p>Jim Cramer has famously touted Apple stock as a name to own, not trade. He’s been right to stand by the name, even in times of immense pressure. And he’ll probably be right again as he <a href="https://www.cnbc.com/2024/09/06/cramers-week-ahead-apples-iphone-16-cpi-and-oracle-earnings.html">stays upbeat</a> post-keynote.</p> <p><img loading="lazy" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2024/01/GettyImages-1921159214.jpg" alt="Microsoft CEO Satya Nadella" width="583" height="410" data-caption="LAS VEGAS, NEVADA - JANUARY 09: Microsoft Chairman and CEO Satya Nadella speaks during a keynote address by Walmart Inc. President and CEO Doug McMillon during CES 2024 at The Venetian Resort Las Vegas on January 9, 2024 in Las Vegas, Nevada. CES, the worlds largest annual consumer technology trade show, runs through January 12 and features about 4,000 exhibitors showing off their latest products and services to more than 130,000 attendees. (Photo by Ethan Miller/Getty Images)" data-id="1349086" data-credit="2024 Getty Images / Getty Images News via Getty Images"></p> <h2><strong>Microsoft</strong></h2> <p><strong>Microsoft</strong> (<a href="https://247wallst.com/companies/msft/?tpid=1426248&amp;tv=link&amp;tc=in_content">NASDAQ:MSFT</a>) stock could find itself flirting with August lows of around $395 per share again as the market sell-off picks up speed. Despite the 13% correction, Cramer remains confident in the stock as it continues to improve to its generative AI growth drivers.</p> <p>Indeed, Cramer has been a vocal fan of the company’s top boss, CEO Satya Nadella. As Microsoft continues doing its best to advance and further monetize its AI Copilot, perhaps MSFT shares are more of a bargain than an overheated tech titan to be sold as tech rolls over.</p> <p>At writing, the $3 trillion software giant goes for 34.3 times trailing price-to-earnings (P/E). Not a bad deal as far as AI stocks are concerned. Additionally, <strong>Morgan Stanley</strong> (NYSE:MS) recently suggested the firm could offer a “cleaner” look into Azure.</p> <p>Undoubtedly, Azure has been one of Microsoft’s most heated growth drivers lately. Should Microsoft clear the air on Azure’s path, look for MSFT stock to be the recipient of a few price target hikes.</p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="65ee29f269a13" data-site="247wallst" data-link="" data-campaign-name="SA_AdvisorPitch1" data-utm-source="247wallst" data-utm-campaign="SA_AdvisorPitch1" data-utm-term="247wallst"> <h2><strong>Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)</strong></h2> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch1&amp;utm_content=desktop|why-jim-cramer-is-right-about-these-2-stock-picks|1426248&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1426248&amp;tc=65ee29f269a13" target="_blank" rel="noopener nofollow sponsored">Are you ready for retirement?</a> Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.</p> <p>Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.</p> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch1&amp;utm_content=desktop|why-jim-cramer-is-right-about-these-2-stock-picks|1426248&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1426248&amp;tc=65ee29f269a13" target="_blank" rel="noopener nofollow sponsored">Click here now</a> to get started.</p> </div> <p>The post <a href="https://247wallst.com/investing/2024/09/10/why-jim-cramer-is-right-about-these-2-stock-picks/">Why Jim Cramer Is Right About These 2 Stock Picks</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> Investing Joey Frenette Predicting TV Ratings for the Presidential Debate Between Trump and Harris https://www.nytimes.com/2024/09/10/business/media/presidential-debate-tv-ratings.html NYT > Business Day urn:uuid:976e7631-be5a-656c-00da-3f4abcff211d Tue, 10 Sep 2024 09:11:19 -0400 A semi-scientific theory about how many Americans will tune in to watch Kamala Harris and Donald Trump on Tuesday night. Presidential Election of 2024 Ratings (Audience Measurement) Debates (Political) Super Bowl Nielsen Media Research Wallace, Chris (1947- ) Television Michael M. Grynbaum The record for a presidential debate is 84 million viewers, for the first meeting in 2016 between Hillary Clinton and Mr. Trump. Damon Winter/The New York Times We bought a new car with a 10% interest loan, and now finances are tight &#8211; are we stuck? https://247wallst.com/personal-finance/2024/09/10/are-we-stuck-with-our-car/ 24/7 Wall St. urn:uuid:30d4f476-a882-619d-18c5-6becfe2bcb73 Tue, 10 Sep 2024 09:11:11 -0400 <p>Meet Rachel and Mike, a couple in their 30s with three kids. When their third child arrived, they decided they needed a larger vehicle to accommodate their growing family. With limited options, they took out a loan at 10% interest to finance a new SUV. Now, a few years later, they’re feeling the financial strain. [&#8230;]</p> <p>The post <a href="https://247wallst.com/personal-finance/2024/09/10/are-we-stuck-with-our-car/">We bought a new car with a 10% interest loan, and now finances are tight &#8211; are we stuck?</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p>Meet Rachel and Mike, a couple in their 30s with three kids. When their third child arrived, they decided they needed a larger vehicle to accommodate their growing family. With limited options, they took out a loan at 10% interest to finance a new SUV. Now, a few years later, they’re feeling the financial strain. Between <a href="https://247wallst.com/investing/2024/05/19/inflation-is-eating-away-at-the-middle-class/?tpid=1434539&amp;tv=link&amp;tc=in_content" target="_blank" rel="noopener">rising living costs</a>, daycare expenses, and other bills, they’re starting to wonder if they made a mistake by buying the new car. Worse, the vehicle is likely now worth less than what they still owe on the loan, leaving them in a tough spot.</p> <p>Rachel and Mike’s situation is far from uncommon, especially as families face increasing financial pressures. So, what can they do to lessen the burden? Here are some options they should consider.</p> <h2>Don’t Miss!</h2> <ul> <li>If you haven’t compared your auto insurance to the market’s current rates, <a href="https://247wallst.com/personal-finance/2024/09/09/check-your-car-insurance/?utm_source=msn&amp;utm_medium=referral&amp;utm_campaign=dontmiss&amp;utm_content=overpay&amp;tpid=1434539&amp;tv=link&amp;tc=in_content" target="_blank" rel="noopener">you might be overpaying</a>!</li> <li><a href="https://247wallst.com/investing/2024/08/28/pipedream/?utm_source=msn&amp;utm_medium=referral&amp;utm_campaign=dontmiss&amp;utm_content=pipedream&amp;tpid=1434539&amp;tv=link&amp;tc=in_content" target="_blank" rel="noopener">Learn how one guy went from “way behind” to “ahead of schedule” when it comes to retirement</a>.</li> <li>Don’t leave your idle cash in a checking account that pays you zero interest. <a href="https://247wallst.com/investing/2024/09/05/my-1-most-powerful-tool-for-fighting-and-slaying-inflation/?utm_source=msn&amp;utm_medium=referral&amp;utm_campaign=dontmiss&amp;utm_content=inflationfigther&amp;tpid=1434539&amp;tv=link&amp;tc=in_content" target="_blank" rel="noopener">See how switching to a high-yield savings account can earn you hundreds, if not thousands, per year</a>.</li> </ul> <h2>1. <strong>Assess the Value of Keeping the Car</strong></h2> <p>The first step for Rachel and Mike is to take a close look at their current financial situation and determine if keeping the car is really necessary. While a larger vehicle is often essential for families, they need to weigh whether the monthly payments and high interest rate are putting too much strain on their budget.</p> <p>If they can get by with a smaller, less expensive vehicle, downsizing could be a smart move. However, since the car is now worth less than they owe (known as being “upside down” or “underwater” on the loan), simply selling it won’t be enough to cover the remaining loan balance. Before making any decisions, they should check how much they owe versus the car’s market value using online tools like <a href="https://www.kbb.com/" target="_blank" rel="noopener">Kelley Blue Book</a> or <a href="https://www.edmunds.com/car-buying/upside-down-and-under-water-on-a-car-loan.html" target="_blank" rel="noopener">Edmunds</a>.</p> <h2>2. <strong>Refinance the Car Loan</strong></h2> <p>In the past, one of the best options for reducing the financial burden was to refinance the car loan at a lower interest rate. With interest rates having fluctuated in recent years, it’s possible that Rachel and Mike could secure a better rate now, especially if their credit scores have improved since they took out the loan.</p> <p>By refinancing from 10% down to a rate around 5% or 6%, they could significantly lower their monthly payments. For example, if they have a $30,000 loan at 10% over five years, refinancing to 5% could save them hundreds of dollars each month. However, <a href="https://fred.stlouisfed.org/series/RIFLPBCIANM60NM" target="_blank" rel="noopener">because interest rates have not substantially fallen yet</a>, this option might not be on the table quite yet.</p> <h2>3. <strong>Sell the Car and Pay Off the Difference</strong></h2> <p>If refinancing isn’t an option or doesn’t make enough of a difference, Rachel and Mike could consider selling the car and paying off the difference. Even though they’re underwater on the loan, they could sell the vehicle to a private buyer or dealership, then pay off the remaining loan balance using savings, a personal loan, or a low-interest credit card.</p> <p>While this might seem like a tough choice, it could allow them to get rid of the burden of high monthly payments and replace the vehicle with something more affordable. They should be cautious with this approach, though—using a personal loan or credit card to cover the remaining balance will still add to their debt. However, if the new payment terms are more favorable, it could be worth considering.</p> <h2>4. <strong>Consider Trading It In for a Cheaper Vehicle</strong></h2> <p>Another option is to <a href="https://www.nada.org/nada/nada-headlines/underwater-trade-ins-are-costing-new-car-buyers-almost-6000-bloomberg" target="_blank" rel="noopener">trade in the car</a> for a less expensive vehicle. While they’re upside down on the loan, some dealerships may still offer trade-in deals that allow Rachel and Mike to roll the remaining balance of their current loan into a new, lower-cost vehicle.</p> <p>While rolling the negative equity into a new loan isn’t ideal, it could still result in lower monthly payments if the new vehicle costs significantly less than the SUV. This option should be approached with caution, though—Rachel and Mike should ensure that the new loan terms are reasonable and that they’re not digging themselves deeper into debt by trading for a car they can’t afford.</p> <h2>5. <strong>Cut Costs Elsewhere to Keep the Car</strong></h2> <p>If downsizing or selling the vehicle isn’t feasible, Rachel and Mike might need to look for ways to cut costs elsewhere in their budget. This could mean temporarily cutting back on non-essential expenses like dining out, entertainment, or vacations to free up more cash for the car payment.</p> <p>They should also review their household budget to see if there are other areas where they can save, such as <a href="https://247wallst.com/personal-finance/2024/09/09/check-your-car-insurance/?utm_source=msn&amp;utm_medium=referral&amp;utm_campaign=dontmiss&amp;utm_content=overpay&amp;tpid=1434539&amp;tv=link&amp;tc=in_content" target="_blank" rel="noopener"><strong>shopping for cheaper auto insurance</strong></a>, negotiating utility bills, or finding more affordable childcare options. Even small adjustments can add up and provide some relief from the financial strain of the car loan.</p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="65ee29f269a13" data-site="247wallst" data-link="" data-campaign-name="SA_AdvisorPitch1" data-utm-source="247wallst" data-utm-campaign="SA_AdvisorPitch1" data-utm-term="247wallst"> <h2><strong>Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)</strong></h2> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch1&amp;utm_content=desktop|are-we-stuck-with-our-car|1434539&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tc=65ee29f269a13&amp;tpid=1434539" target="_blank" rel="noopener nofollow sponsored">Are you ready for retirement?</a> Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.</p> <p>Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.</p> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=SA_AdvisorPitch1&amp;utm_content=desktop|are-we-stuck-with-our-car|1434539&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tc=65ee29f269a13&amp;tpid=1434539" target="_blank" rel="noopener nofollow sponsored">Click here now</a> to get started.</p> </div> <p>The post <a href="https://247wallst.com/personal-finance/2024/09/10/are-we-stuck-with-our-car/">We bought a new car with a 10% interest loan, and now finances are tight &#8211; are we stuck?</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> Personal Finance David Hanson ‘My mom still has his original will’: A few months before he died, my father went online and made a secret will, cutting off my mother. Can he do this? https://www.marketwatch.com/story/my-mom-still-has-his-original-will-a-few-months-before-he-died-my-father-went-online-and-made-a-secret-will-cutting-off-my-mother-can-he-do-this-60cb5cc4?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:1fb9e7f2-5a72-1f0c-1ce0-b77b75ffcf7e Tue, 10 Sep 2024 09:10:00 -0400 “His new will leaves his estate to my two nieces, nephew, my sister and me.” Quentin Fottrell Getty Images Ex-Glencore executives appear in court on corruption charges https://www.ft.com/content/68ca13be-41b4-4f9d-a4a6-ec757f825822 FT.com - Financial Markets News urn:uuid:41d7ebfd-119d-78d6-6739-2c5a8dcbc15e Tue, 10 Sep 2024 09:01:59 -0400 Commodity trader’s billionaire former head of oil Alex Beard plans to plead not guilty to charges, say lawyers Super Bowl Predictions Are Heating Up, And the Season&#8217;s Just Starting: The 3 Sports Betting Stocks to Watch This Season https://247wallst.com/investing/2024/09/10/super-bowl-predictions-are-heating-up-and-the-seasons-just-starting-the-3-sports-betting-stocks-to-watch-this-season/ 24/7 Wall St. urn:uuid:9673f007-4078-d6bd-df9a-e97f5a462261 Tue, 10 Sep 2024 08:57:46 -0400 <p>As the 2024 NFL season kicks off, fans everywhere of teams that are currently 1-0 are planning the Super Bowl parade. That’s the way it goes. And with every passing week, the drama will heat up, as the divisional playoff picture becomes more clear. There are many facets of sport that make the action more [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/super-bowl-predictions-are-heating-up-and-the-seasons-just-starting-the-3-sports-betting-stocks-to-watch-this-season/">Super Bowl Predictions Are Heating Up, And the Season&#8217;s Just Starting: The 3 Sports Betting Stocks to Watch This Season</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p><span style="font-weight: 400;">As the 2024 NFL season kicks off, fans everywhere of teams that are currently 1-0 are planning the Super Bowl parade. That’s the way it goes. And with every passing week, the drama will heat up, as the divisional playoff picture becomes more clear.</span></p> <p>There are many facets of sport that make the action more exciting with every passing week. Sports betting, in states that allow companies to operate, is certainly one major factor that makes the game of football and other sports interesting to investors. Aside from the various rankings of how much various franchises are worth, one of the best ways for individuals to involve themselves deeper in any game is to take bets on who they think will win. But as is the case with most gambling outfits, the house almost always wins.</p> <p>So, for investors looking to take the other side of the sports betting world, the following three companies could be excellent bets. These are all great places to start for those looking to profit from the business that is sports.</p> <h2>Key Points About This Article:</h2> <ul> <li>Sports betting stocks have seen explosive growth, as various new markets open up within the U.S.</li> <li>With the most recent season kicking off, here are three top sports betting stocks investors can buy to become the “house” in the world of sports betting.</li> <li>If you’re looking for some stocks with huge potential, make sure to grab a free copy of our <a href="https://247wallst.com/discover-the-next-nvidia/?tpid=1434172&amp;tv=link&amp;tc=keypoints" data-google-interstitial="false"><strong>brand-new “The Next NVIDIA” report</strong></a>. It features a software stock we’re confident has 10X potential.</li> </ul> <h2>DraftKings (DKNG)</h2> <figure style="width: 2560px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" src="https://247wallst.com/wp-content/uploads/2023/11/GettyImages-1229239459-scaled.jpg" alt="" width="2560" height="1707" data-caption="" data-id="1332242" data-credit="Scott Eisen / Getty Images for DraftKings"><figcaption class="wp-caption-text">A DraftKings sports book at a casino</figcaption></figure> <p><span style="font-weight: 400;">Founded in 2012, </span><b>DraftKings</b><span style="font-weight: 400;"> (<a href="https://247wallst.com/companies/dkng/?tpid=1434172&amp;tv=link&amp;tc=in_content">NASDAQ:DKNG</a>) is likely the most prominent name in the sports betting field. Those who have placed a wager online likely have done so via DraftKings, which has a global portfolio of companies in different markets. </span></p> <p>Initially <span style="font-weight: 400;">focused on daily fantasy sports, DraftKings expanded into online sports betting and casino gambling following a 2018 Supreme Court ruling. The company is a leader in North American sports betting and iGaming, DraftKings shares a </span><a href="https://www.morningstar.com/company-reports/1240999-draftkings-has-formed-a-brand-advantage-driven-by-its-leading-technology-and-product-offering"><span style="font-weight: 400;">70% revenue market share with FanDuel</span></a><span style="font-weight: 400;">. The company serves 40% of Canadians and operates in 25 U.S. states for sports betting and seven states for iGaming, also offering online gaming items and a NFT marketplace.</span></p> <p><span style="font-weight: 400;">DraftKings reported strong </span><a href="https://draftkings.gcs-web.com/financials/quarterly-results"><span style="font-weight: 400;">Q2 2024</span></a><span style="font-weight: 400;"> earnings per share of $0.22. These results surpassing expectations, though the company’s $1.1 billion revenue (which was up 26.2% year-over-year) did slightly missed forecasts. The stock dropped nearly 4% following its report on these mixed numbers, as well as some acquisition costs and tax changes. That said, the company raised its revenue guidance, and analysts believe the company has strong growth potential over the long-term.</span></p> <p>As one of the leaders in this space, I think that stance makes sense. For investors looking to buy the leader in this market, DKNG stock is a great place to start your analysis.</p> <h2>MGM Resorts International (MGM)</h2> <figure style="width: 2560px" class="wp-caption aligncenter"><img decoding="async" src="https://247wallst.com/wp-content/uploads/2024/09/GettyImages-477394880-scaled.jpg" alt="Las Vegas Remembers Kirk Kerkorian" width="2560" height="1549" data-caption="LAS VEGAS, NV - JUNE 16: The marquee at MGM Grand Hotel &amp;amp; Casino shows a video tribute to billionaire investor Kirk Kerkorian on June 16, 2015 in Las Vegas, Nevada. Kerkorian, who was the largest shareholder in MGM Resorts International, died at his home in California on June 15 at age 98. (Photo by Ethan Miller/Getty Images)" data-id="1432924" data-credit="2015 Getty Images / Getty Images News via Getty Images"><figcaption class="wp-caption-text">Image of the MGM Grand casino in Las Vegas</figcaption></figure> <p><span style="font-weight: 400;"><strong>MGM Resorts International</strong> (<a href="https://247wallst.com/companies/mgm/?tpid=1434172&amp;tv=link&amp;tc=in_content">NYSE:MGM</a>) is best-known as a major Las Vegas casino operator. However, the company does have a strong and growing online gaming business. </span></p> <p><span style="font-weight: 400;">MGM reported </span><a href="https://www.prnewswire.com/news-releases/mgm-resorts-international-reports-record-first-quarter-2024-financial-and-operating-results-302132186.html"><span style="font-weight: 400;">record revenue of $4.4 billion for Q1</span></a><span style="font-weight: 400;">, a 13% year-over-year increase. These results were mainly driven by strong Las Vegas performance and MGM China’s growth. That said, the company’s </span><a href="https://investors.mgmresorts.com/investors/news-releases/press-release-details/2024/MGM-Resorts-International-Announces-Second-Quarter-2024-Earnings-Release-Date/default.aspx"><span style="font-weight: 400;">Q2 results</span></a><span style="font-weight: 400;"> were also strong, with revenue hitting $4.3 billion, up 10% from the previous year. Importantly, many investors are focused on the company’s international expansion, which is expected to continue to support its resilience amid what could be a rocky economic environment moving forward.</span></p> <p><span style="font-weight: 400;">MGM Resorts’ </span><a href="https://www.forbes.com/advisor/credit-cards/travel-rewards/mgm-marriott-partnership/"><span style="font-weight: 400;">partnership</span></a><span style="font-weight: 400;"> with Marriott expanded its market reach, adding 16 MGM properties to the Marriott Bonvoy program, boosting bookings and loyalty benefits. This alliance has improved MGM’s occupancy and revenue metrics considerably, and paving the way for the company to continue repurchasing its own shares. Notably, MGM has reduced its share count by more than 35% since 2021. As far as capital return is concerned, this is a stock to watch on this basis alone. </span></p> <p>If the company can continue to grow its presence in the online sports betting business, that’s another catalyst that could drive long-term performance. To me, this is a more stable option on the list of sports betting stocks, albeit with likely less upside than a name like DraftKings.</p> <h2>Caesars Entertainment (CZR)</h2> <figure style="width: 1366px" class="wp-caption aligncenter"><img decoding="async" src="https://247wallst.com/wp-content/uploads/2019/12/imageforentry7-fdk.jpg" alt="" width="1366" height="767" data-caption="" data-id="600394" data-credit="volvob12b / Flickr"><figcaption class="wp-caption-text">Ceasars Palace casino in Las Vegas</figcaption></figure> <p><span style="font-weight: 400;"><strong>Caesars Entertainment</strong> (<a href="https://247wallst.com/companies/czr/?tpid=1434172&amp;tv=link&amp;tc=in_content">NASDAQ:CZR</a>), known for its Caesars Palace Las Vegas casino, now operates over 50 casinos nationwide after its Eldorado acquisition and the purchase of British gambling firm William Hill. Renamed Caesars Sportsbook, the company’s online sportsbook has gained a double-digit market share through aggressive national advertising. Despite this fact, the company continues to face significant losses. Part of these recent losses can be attributed to setbacks, but it’s also worth noting that the company’s targeted advertising strategies haven’t been cheap, and rolling out this business has been expensive thus far.</span></p> <p>That said, if Caesars can continue to roll out its online gaming business, and it grows market share relative to its peers, there’s a lot to like about the long-term impacts of such a business. Online sports betting and gambling is less real estate intensive, and allows for greater operating leverage over time.</p> <p>The company’s recent results have shown improvements, and Ceasars is now operating in 26 states that allow online mobile betting. This is a stock I think is perhaps the highest-risk, highest-upside pick on this list, but is one I’d consider on serious dips moving forward.</p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="65a5b52ec8a55" data-site="247wallst" data-link="" data-campaign-name="wall_retireearly" data-utm-source="247wallst" data-utm-campaign="wall_retireearly" data-utm-term="247wallst"> <div id="smartasset" style="margin-bottom: 1em; margin-top: 1em;"> <h2><b>Want to Retire Early? Start Here (Sponsor)</b><b></b></h2> <p>Want retirement to come a few years earlier than you’d planned? 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The first conversation with them is free.</p> <p><a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=247wallst&amp;utm_campaign=wall_retireearly&amp;utm_content=desktop|super-bowl-predictions-are-heating-up-and-the-seasons-just-starting-the-3-sports-betting-stocks-to-watch-this-season|1434172&amp;utm_term=247wallst&amp;utm_medium=eoaCTALink&amp;tpid=1434172&amp;tc=65a5b52ec8a55" target="_blank" rel="noopener nofollow sponsored">Click here</a> to match with up to 3 financial pros who would be excited to help you make financial decisions.</p> </div> </div> <p>The post <a href="https://247wallst.com/investing/2024/09/10/super-bowl-predictions-are-heating-up-and-the-seasons-just-starting-the-3-sports-betting-stocks-to-watch-this-season/">Super Bowl Predictions Are Heating Up, And the Season&#8217;s Just Starting: The 3 Sports Betting Stocks to Watch This Season</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> Investing Chris MacDonald ‘The price is an insult. Not getting over it, ever’: The iPhone 16 starts at $799 — and it’s not exciting enough for an upgrade https://www.marketwatch.com/story/im-keeping-my-cracked-ugly-iphone-for-as-long-as-it-lasts-whatever-happened-to-the-apple-revolution-aeec0ddd?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:998382e9-97e9-9c63-de9c-cfc091642763 Tue, 10 Sep 2024 08:54:00 -0400 The iPhone 16 Pro Max costs $1,599. That’s a month’s rent for the average American. Quentin Fottrell Getty Images Germany’s Magnificent 7 allowed the DAX to defy economic gloom, says Goldman Sachs https://www.marketwatch.com/story/germanys-magnificent-7-allowed-the-dax-to-defy-economic-gloom-says-goldman-sachs-6c6c6ab7?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:8d206c2c-240c-a663-6bcc-006ff1cd7aad Tue, 10 Sep 2024 08:54:00 -0400 Frankfurt’s DAX index of blue chip stocks sits less than 3% shy of a record closing high thanks to its Mag 7. Jamie Chisholm ina fassbender/Agence France-Presse/Getty Images Google and Apple Face Billions in Penalties After Losing E.U. Appeals https://www.nytimes.com/2024/09/10/technology/european-union-apple-google-antitrust.html NYT > Business Day urn:uuid:c81f0265-a2f9-f244-f78a-19078991451c Tue, 10 Sep 2024 08:53:51 -0400 The cases had established the European Union as the world’s leading tech watchdog, but have since raised questions about its protracted appeals process. Regulation and Deregulation of Industry Decisions and Verdicts Antitrust Laws and Competition Issues Fines (Penalties) E-Commerce Corporate Taxes Apple Inc European Court of Justice European Union Google Inc Europe Adam Satariano and Jenny Gross “This case marked a pivotal shift in how digital companies were regulated and also perceived,” said Margrethe Vestager, the antitrust chief on the European Commission. Johanna Geron/Reuters Why Are Warren Buffett and Michael Burry Selling Stocks? https://247wallst.com/investing/2024/09/10/why-are-warren-buffett-and-michael-burry-selling-stocks/ 24/7 Wall St. urn:uuid:2d2c6e7a-1b17-5bf4-7c5b-78b2b5009631 Tue, 10 Sep 2024 08:52:07 -0400 <p>Warren Buffett, the Oracle of Omaha, and Dr. Michael Burry, Christian Bale’s character in the film The Big Short, are two of my favorite investment legends. Though their investment styles differ greatly, their track records speak for themselves. Whether we’re talking about Buffett’s extremely long-term focused value approach or Burry’s bold, often high stakes, contrarian [&#8230;]</p> <p>The post <a href="https://247wallst.com/investing/2024/09/10/why-are-warren-buffett-and-michael-burry-selling-stocks/">Why Are Warren Buffett and Michael Burry Selling Stocks?</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> <p>Warren Buffett, the Oracle of Omaha, and Dr. Michael Burry, Christian Bale’s character in the film <em>The Big Short</em>, are two of my favorite investment legends. Though their investment styles differ greatly, their track records speak for themselves. Whether we’re talking about Buffett’s extremely long-term focused value approach or Burry’s bold, often high stakes, contrarian bets based on macro and bottom-up analysis, both investors are worth following for different reasons.</p> <p>In recent months, both investors have made moves that I believe scream caution. Notably, Buffett and <strong>Berkshire Hathaway</strong> (<a href="https://247wallst.com/companies/BRK.B/?tpid=1434447&amp;tv=link&amp;tc=in_content">NYSE:BRK-B</a>) have been selling a lot of <strong>Apple</strong> (<a href="https://247wallst.com/companies/aapl/?tpid=1434447&amp;tv=link&amp;tc=in_content">NASDAQ:AAPL</a>) and <strong>Bank of America</strong> (<a href="https://247wallst.com/companies/bac/?tpid=1434447&amp;tv=link&amp;tc=in_content">NYSE:BAC</a>) shares, while Dr. Burry has reportedly offloaded stakes in a wide range of firms, including <strong>Block</strong> (<a href="https://247wallst.com/companies/sq/?tpid=1434447&amp;tv=link&amp;tc=in_content">NYSE:SQ</a>), in addition to taking profits in his gold holdings.</p> <p>Undoubtedly, it’s noteworthy whenever there’s substantial selling by two of the most respected and influential investors of our generation. In this piece, we’ll look at three stocks on the receiving end of sales by either Buffett or Burry.</p> <p class="p1"><b>Key Points About This Article</b></p> <ul class="ul1"> <li>Warren Buffett and Dr. Michael Burry don’t sound all too bullish following the latest round of profit-taking</li> <li>Perhaps it’s time to raise cash if you own some of the names recently sold by the firms of Buffett or Burry.</li> <li class="li1">If you’re looking for some stocks with huge potential, make sure to grab a free copy of our <a href="https://247wallst.com/discover-the-next-nvidia/?tpid=1434447&amp;tv=link&amp;tc=keypoints"><b>brand-new “The Next NVIDIA” report</b></a>. It features a software stock we’re confident has 10X potential.<img fetchpriority="high" decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry1-s7g.jpg" alt="" width="1366" height="767" data-caption="" data-id="1253225" data-credit="jeepersmedia / Flickr" data-ccinfo="{&amp;quot;licenseUrl&amp;quot;:&amp;quot;https://creativecommons.org/licenses/by/2.0/&amp;quot;,&amp;quot;licenseText&amp;quot;:&amp;quot;CC BY 2.0&amp;quot;,&amp;quot;imgTitle&amp;quot;:&amp;quot;Bank of America&amp;quot;,&amp;quot;photoUrl&amp;quot;:&amp;quot;https://www.flickr.com/photos/jeepersmedia/14970195338/&amp;quot;,&amp;quot;authorUrl&amp;quot;:&amp;quot;https://www.flickr.com/people/jeepersmedia/&amp;quot;,&amp;quot;authorName&amp;quot;:&amp;quot;Mike Mozart&amp;quot;,&amp;quot;imgSrc&amp;quot;:&amp;quot;https://live.staticflickr.com/5591/14970195338_2c6659cf80_o.jpg&amp;quot;}"></li> </ul> <h2><strong>Bank of America</strong></h2> <p>Berkshire Hathaway and Buffett may have sold a huge chunk (around $760 million) of Bank of America shares recently. Indeed, the rapid pace of selling has been concerning to some BAC shareholders, causing questions to linger about how many more shares Buffett’s firm plans to offload going into year’s end. For now, we can only speculate when Berkshire will be done selling its Bank of America stake.</p> <p>For now, I wouldn’t treat such selling as a red flag to follow Buffett out of the name if you already own shares. That said, Bank of America stock looks quite fully valued here (13.9 times trailing price-to-earnings and a 2.68% dividend yield), especially when you consider the rising recession risks following that latest market volatility-inducing jobs number.</p> <p>In the meantime, loan growth could stay sluggish until the Fed rate cuts have a chance to add up. For those keen on betting on the banks in this environment, perhaps the yield-heavy Canadian banks boast a better value proposition. Some of the more heavily discounted Canadian banks yield north of 5% right now.</p> <p><img decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2020/11/imageForEntry9-s8D.jpg" alt="" width="1366" height="767" data-caption="" data-id="817645" data-credit="Phillip Faraone / Getty Images Entertainment via Getty Images"></p> <h2><strong>Block</strong></h2> <p>Block is a rather intriguing fintech that’s still nowhere close to rebounding to its 2021 highs. Though Dr. Burry didn’t hold shares for very long (he reportedly purchased SQ during the fourth quarter of 2023), I do think his initial interest signals potentially deep undervaluation to be had in the financial technology firm behind Square and Cash App.</p> <p>With tempered enthusiasm for Block’s growth and a profoundly influential founder at the helm, there’s arguably never been a better time to go against the grain. Today, the stock trades for just 13.1 times forward price-to-earnings. Still, dip-buyers could find themselves waiting a while before the stock picks up traction.</p> <p>With a relative lack of catalysts, stiff competition in the fintech scene, and recent volatility hitting cryptocurrencies, the stock seems less than timely. However, the biggest question is whether Dr. Burry will get back into the name at a later date, perhaps after Block has had a chance to enhance its margins with its recent restructuring.</p> <p><img decoding="async" class="aligncenter" src="https://247wallst.com/wp-content/uploads/2020/01/imageforentry3-g2e.jpg" alt="" width="1366" height="768" data-caption="" data-id="638445" data-credit="marufish / Flickr" data-ccinfo="{&amp;quot;licenseUrl&amp;quot;:&amp;quot;https://creativecommons.org/licenses/by-sa/2.0/&amp;quot;,&amp;quot;licenseText&amp;quot;:&amp;quot;CC BY-SA 2.0&amp;quot;,&amp;quot;imgTitle&amp;quot;:&amp;quot;Solar Panel&amp;quot;,&amp;quot;photoUrl&amp;quot;:&amp;quot;https://www.flickr.com/photos/marufish/8340335265/in/photolist-dH1p6T-dH1bDP-dH1epZ-dH6D7Q-mqnfN-6zEAVV-dH1ju4-dH6P1S-dH13v2-dH6AMN-5cB2jG-aucLc7-Bm6JjQ-9LkEjb-eEuEro-dH12bZ-9hbQEH-bwKjZD-7Bbg4w-bkyvUw-bucykV-dpq6p4-bv59UF-5T4UDb-5T4UNG-ds6Nf2-5T4UZm-d2uAah-4Tpnt4-6zvyH8-8JhNks-9RSaxv-aZzXVz-4X4bcR-dt7jgT-4X4a8T-dpqscn-6rxeoo-6uA9HL-9prCKi-6Bvp82-q5J7Hh-7VvpTg-9WmYBm-7QeUpv-dH1sn6-AdVLy2-gjveZw-eJ2xYM-b6LghD&amp;quot;,&amp;quot;authorUrl&amp;quot;:&amp;quot;https://www.flickr.com/photos/marufish/&amp;quot;,&amp;quot;authorName&amp;quot;:&amp;quot; Marufish&amp;quot;,&amp;quot;imgSrc&amp;quot;:&amp;quot;https://flic.kr/p/dH1p6T&amp;quot;}"></p> <h2><strong>First Solar</strong></h2> <p><strong>First Solar</strong> (<a href="https://247wallst.com/companies/fslr/?tpid=1434447&amp;tv=link&amp;tc=in_content">NASDAQ:FSLR</a>) is another short-lived holding in the Burry portfolio that investors may be looking to dump as political risks kick things up a notch. Undoubtedly, the leading solar cell firm has a lot on the line come election day. And though some risk of a Trump victory is priced in, I’m not so sure the stock will be so quick to regain new highs following a good quarter that included unchanged earnings and revenue guidance.</p> <p>Although First Solar still looks primed to gain ground over its solar rivals, the uncertainty surrounding the election could dictate where stocks go from here. Longer term, however, lower rates, and its innovative edge could help shares make up for lost time. And for just 9.5 times forward price-to-earnings, there’s no denying FSLR shares are on the cheap side.</p> <p>In any case, I’d wait until after the election before considering jumping into the name now. Perhaps Burry was right to ditch the stock ahead of what could be a make-or-break for the industry.</p> <div class="fwpPitch" data-pitch-hardcoded="" data-tc="668f0dff615da" data-site="247wallst" data-link="" data-campaign-name="the_next_nvidia_landing" data-utm-source="atom" data-utm-campaign="the_next_nvidia_landing" data-utm-term="article_feed"> <h2>“The Next NVIDIA” Could Change Your Life</h2> <p>If you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.</p> <p>The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”</p> <p><a href="https://247wallst.com/discover-the-next-nvidia/?utm_campaign=the_next_nvidia_landing&amp;utm_source=atom&amp;utm_content=desktop%7Cwhy-are-warren-buffett-and-michael-burry-selling-stocks%7C1434447&amp;utm_term=article_feed&amp;utm_medium=eoaCTALink&amp;tc=in_content&amp;tpid=1434447&amp;tv=link" target="_blank" rel="noopener">Click here</a> to download your FREE copy.</p> </div> <p>The post <a href="https://247wallst.com/investing/2024/09/10/why-are-warren-buffett-and-michael-burry-selling-stocks/">Why Are Warren Buffett and Michael Burry Selling Stocks?</a> appeared first on <a href="https://247wallst.com">24/7 Wall St.</a>.</p> Investing Technology Joey Frenette Here’s how retirees can get inflation-protected income for life https://www.marketwatch.com/story/heres-how-retirees-can-get-inflation-protected-income-for-life-6e10583b?mod=mw_rss_topstories MarketWatch.com - Top Stories – Sponsored by: CyberTrader urn:uuid:e4075f0d-1d2f-8087-515e-c414fd0d8dd9 Tue, 10 Sep 2024 08:49:00 -0400 Combining an annuity with Treasury-Inflation-Protected Securities (TIPS) is a winning strategy, but you have to do it yourself. 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