The U.S. budget deficit is giving investors a headache, causing a dip in stocks. But hey, every cloud has a silver lining, right? Some folks see this as a golden opportunity to grab some stocks at a discount. The wise words of Wall Street analysts can guide you to the promised land of profitable investments, with their fancy ratings backed by hours of number crunching and crystal ball gazing.
Uber Technologies is strutting its stuff on the stock market runway this week, wowing investors with its Go-Get 2025 event. Mark Mahaney, the Evercore analyst, is singing UBER’s praises, giving it a big thumbs up with a price target of $115. He’s all excited about Uber’s new toys like Price Lock and Prepaid Pass, calling them game-changers. Mahaney is also gushing over Uber’s Shared Autonomous Rides and the upcoming Volkswagen AVs partnership in Los Angeles. Despite the stock’s impressive run this year, Mahaney is still smitten with Uber, predicting a 30% earnings growth that keeps him warm at night.
CyberArk Software is the next hot topic, burning up the cybersecurity scene with its sizzling first-quarter results. Shrenik Kothari from Baird is a big fan, slapping a buy rating on CYBR and nudging the price target up to $460. The Q1 numbers have Kothari doing a happy dance, with CyberArk hitting it out of the park on ARR, revenue, and FCF. The analyst is all about CyberArk’s identity security platform, which is like a magnet for customers. Macro pressures be damned, CYBR is riding high on the cybersecurity wave, making Kothari feel all warm and fuzzy inside.
Palo Alto Networks is the final act in this cybersecurity circus, dazzling investors with its Q3 FY25 results. Shaul Eyal from TD Cowen is singing PANW’s praises, keeping the buy rating alive with a price target of $230. The company’s top-range performance is music to Eyal’s ears, especially with the growth in product revenue and NGS. Palo Alto is on a mission to dominate the next-gen firewalls market and expand into cloud security and beyond. With a hefty customer base to tap into, Eyal is confident that PANW will keep the crown in the cybersecurity kingdom.
