Red Cat Hldgs (NASDAQ:RCAT) Stock, Quote.Headers.trade-ideas

Red Cat Hldgs

Red Cat Holdings

Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a provider of unmanned aircraft for interior spaces and other dangerous environments.

News

Penny Stocks

Short Ideas

Pre-Market Outlook

Markets

Trading Ideas

CMCM

EGIO

RCAT

VISL

As of April 16, 2024, four stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 4 Tech Stocks You May Want To Dump In April

Earnings

Small Cap

COST

SCHL

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:

Costco, Darden Restaurants And 3 Stocks To Watch Heading Into Friday

MRNA

The CNN Money Fear and Greed index showed some easing in overall market sentiment, but the index remained in the &#34;Greed&#34; zone on Thursday.

Fear &amp; Greed Index Remains In &#39;Greed&#39; Zone Following Economic Reports; Dow Records New High

Red Cat Holdings Inc

<p>Thailand has introduced a new cannabis bill to regulate the country&#8217;s booming marijuana industry, marking the latest step in its ongoing efforts to steer cannabis use toward medical and<a href="https://www.benzinga.com/topic/medical-cannabis"> health-related purposes. </a></p>
<p>This move comes after a series of policy shifts and follows the 2022 decriminalization of the plant, which made Thailand the first country in Asia to take such action.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/markets/cannabis/24/08/40492719/thailands-cannabis-prices-drop-amid-oversupply-and-legal-uncertainties-pakistan-senate-reviews-m">Thailand&#8217;s Cannabis Prices Drop Amid Oversupply And Legal Uncertainties</a></strong></p>
<p>The new draft bill, published earlier this week by the Ministry of Public Health, is seen as a more measured approach than previous proposals, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-09-18/thailand-unveils-new-bill-to-regulate-cannabis-while-keeping-it-legal">reported.</a></p>
<p>It arrives just days after Prime Minister <strong>Paetongtarn Shinawatra</strong>'s administration took office. The legislation allows cannabis and its extracts to be used for medical treatment and research by state agencies, while also approving its use in herbal remedies, food products, and cosmetics.</p>
<h3 class="wp-block-heading">Softer Stance On Recreational Use</h3>
<p>One key aspect of the bill is its omission of a clause that explicitly outlaws recreational cannabis use, which was part of an earlier draft under former Prime Minister <strong>Srettha Thavisin.</strong> </p>
<p>The new version also abandons previous efforts to reclassify cannabis as a "narcotic," a significant shift from the original stance taken by the ruling Pheu Thai Party during last year&#8217;s national elections. </p>
<p>While Pheu Thai initially vowed to restrict cannabis use to medical purposes over addiction concerns, opposition from the Bhumjaithai Party, a key coalition partner, has resulted in the plant remaining legal.</p>
<p>Despite this more lenient approach, penalties for those who use cannabis outside the bill's defined uses remain steep. </p>
<p>Under the current draft, individuals caught using cannabis for purposes not specified in the legislation will face fines of up to 60,000 baht (approximately $1,803). Sellers of cannabis products not adhering to the law face even harsher penalties, including a possible one-year jail term, fines of up to 100,000 baht, or both.</p>
<h3 class="wp-block-heading">Impacts On Thailand's Cannabis Boom</h3>
<p>Thailand&#8217;s decriminalization of cannabis in 2022 led to the rapid rise of more than 9,400 cannabis dispensaries across the country, especially in popular tourist destinations and business hubs such as Bangkok. </p>
<p>With this new bill, the government seeks to bring tighter control over this growing industry, requiring all cannabis growers, sellers and related businesses to apply for licenses or permits. Failure to comply could result in hefty fines or jail terms.</p>
<p>The draft legislation also calls for stricter regulations on the planting, sale, export and import of cannabis. Businesses that produce cannabis-infused goods, such as candies and baked goods, will be required to adhere to the current law, which mandates that these products contain no more than 0.2% THC, the psychoactive compound responsible for cannabis' "high" effect.</p>
<p>The public and industry stakeholders have until September 30 to submit their feedback on the draft legislation. The Ministry of Public Health will review the input and may make changes before presenting the bill to the cabinet. From there, it will head to parliament for approval, where it could still face further debate and revisions.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/09/40832311/inside-the-thai-retreat-with-cannabis-infused-wellness-treatments-that-target-insomnia-and-more">Inside The Thai Retreat With Cannabis-Infused Wellness Treatments That Target Insomnia And More</a></li>
</ul>
<p><em>Cover image made with AI.</em></p>


Asia

Cannabis

Thailand's New Cannabis Bill: Stricter Rules, But Marijuana Remains Legal

<p>A significant Ukrainian drone assault on Russia caused an <a href="https://www.benzinga.com/government/24/09/40888451/russia-to-expand-army-for-third-time-since-war-with-ukraine-began-defense-stocks-rtx-northrop-grumma">earthquake-sized eruption</a> at a major arsenal in the Tver region on Wednesday, forcing citizens in the city of Toropets to evacuate, according to reports from war bloggers and some media.</p>
<p>Unverified video and images on social media showed a huge ball of flame rising into the night sky and numerous explosion detonations tearing across a lake about 240 miles west of Moscow, Reuters reported.</p>
<p>NASA satellites registered intense heat sources coming from an area of about five square miles at the site in the early hours. Earthquake monitoring stations picked up the attack as a small earthquake&nbsp;in the area.</p>
<p>&#8220;The enemy hit an ammunition depot in the area of Toropets,&#8221; said <strong>Yuri Podolyaka</strong>, a Ukrainian-born, pro-Russian military blogger. &#8220;Everything that can burn is already burning there (and exploding).&#8221;</p>
<p><strong>Read Also: <a href="http://US And Allies Worried Amid Reports Of Russia Potentially Sharing Nuclear Secrets With Iran">US And Allies Worried Amid Reports Of Russia Potentially Sharing Nuclear Secrets With Iran</a></strong></p>
<p>Ukrainian President <strong>Volodymyr Zelenskyy</strong>, speaking in his nightly video address, praised the attack without mentioning the target.</p>
<p>&#8220;A very important result was achieved last night on Russian territory and such actions weaken the enemy,&#8221; Zelenskyy said. &#8220;I thank everyone involved. Such precision is truly inspiring.&#8221;</p>
<p>A source in Ukraine&#8217;s SBU state security service told Reuters earlier that the drone attack had destroyed&nbsp;a warehouse storing missiles, guided bombs and artillery ammunition.</p>
<p><strong>Igor Rudenya</strong>, governor of the Tver region, said Ukrainian drones had been shot down, a fire had broken out and some residents were being evacuated. He did not say what was burning, Reuters reported.</p>
<p>The size of the main blast shown in the unverified social media video was consistent with 200 to 240 tons of high explosives detonating, said<strong> George William Herbert </strong>of the Middlebury Institute of International Studies at Monterey in California.</p>
<p>Some war bloggers asked how drones could trigger such large blasts at what was thought to be a highly fortified facility.</p>
<p><strong>Price Action:</strong> Defense contractors saw gains and losses by the end of Wednesday&#8217;s trading day.</p>
<ul>
<li><strong>General Dynamics Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) slipped 0.44% to $302.52</li>
<li><strong>Northrop Grumman Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) rose 0.2% to $521.77</li>
<li><strong>TransDigm Group Incorporated</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) declined 0.12% to $1,273.80</li>
</ul>
<p>Exchange-traded funds that hold defense stocks trended up and down.</p>
<ul>
<li><strong>IShares U.S. Aerospace &amp; Defense ETF</strong> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) rose 0.06%</li>
<li><strong>Invesco Aerospace &amp; Defense ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>) fell 0.13%</li>
<li><strong>SPDR S&amp;P Aerospace &amp; Defense ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>) declined 0.01%</li>
</ul>
<p><strong>Read Now:</strong></p>
<ul>
<li><strong><a href="http://over-30-months-of-war-zelensky">Russia Launches &#8216;One Of The Heaviest Strikes&#8217; On Ukraine In Over 30 Months Of War: Zelensky</a></strong></li>
</ul>
<p><em>Photo: Shutterstock</em></p>



Global

iShares Dow Jones US Aerospace & Defense Index Fund

Ukrainian Drone Attack Causes Earth-Rattling Blast In Russia's Tver Region

CTSH

mecwacare, Cognizant Embark On Multi-year Relationship To Launch Digital Transformation Program

<p>This will result in Vistra being the sole owner of its Vistra Vision subsidiary, which includes its zero-carbon nuclear, energy storage, and solar generation assets, as well as its retail business.</p>
<p>The net present value of the purchase price as of&nbsp;Dec. 31, 2024, discounted at a&nbsp;6%&nbsp;interest rate, is&nbsp;$3.085 billion.</p>
<p>The agreement does not impact or change Vistra&#39;s capital allocation priorities. Vistra remains committed to its long-term net leverage target of less than 3x2. Vistra also continues to expect to execute at least&nbsp;$2.25 billion&nbsp;of share repurchases in 2024 and 2025 and at least&nbsp;$1 billion&nbsp;in 20263, as well as pay&nbsp;$300 million&nbsp;in aggregate common dividends in each year 2024-20263.</p>
<p>&nbsp;</p>


Vistra Enters Deal With Nuveen Asset Management And Avenue Capital To Acquire Their Combined 15% Equity Interest In Vistra Vision LLC For Undiscounted Purchase Price Of $3.248B Cash, To Be Paid In Five Installments

BLMZ

BloomZ Gets Nasdaq Notification Letter That It Is Not In Compliance With Minimum Market Value Requirement

<p><strong>Core Scientific, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) shares moved higher Wednesday as markets witnessed the first interest rate cut from the <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40926026/federal-reserve-delivers-bold-0-5-rate-cut-signals-further-easing-ahead">Federal Reserve in four years. </a></p>
<p><strong>The Details:</strong> <strong>Bitcoin </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) miner Core Scientific's stock has climbed more than 20% over the past five days, as investors anticipated an interest rate cut. </p>
<p>The Federal Reserve announced a 50 basis points (bps) cut Wednesday, bringing the federal funds rate down to a range of 4.75%-5% and increasing the appeal of risk assets like stocks and cryptocurrencies. </p>
<p>Core Scientific shares climbed throughout Wednesday's session and spiked to an intraday high of $12.48  just after the announcement from Fed Chairman <strong>Jerome Powell</strong>. </p>
<p><strong>Read Next: </strong><a href="https://www.benzinga.com/news/large-cap/24/09/40910569/nvidia-salesforce-announce-strategic-ai-collaboration-what-to-know"><strong>NVIDIA, Salesforce Announce Strategic AI Collaboration: What To Know</strong></a></p>
<p>Earlier this month, Core Scientific CEO <strong>Adam Sullivan</strong> shared plans with Bernstein analysts to <a href="https://www.benzinga.com/top-stories/24/09/40800336/core-scientific-aims-for-25-30-billion-valuation-with-ai-data-center-services-bernstein">significantly expand</a> the company's AI data center services, potentially boosting its valuation to a range of $25 billion to $30 billion.&nbsp;</p>
<p>According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Core Scientific shares are trading above the stock&#8217;s 50-day moving average of $10.05 and just under its 52-week high of $12.25.&nbsp;</p>
<p><strong>CORZ Price Action:</strong> According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Core Scientific shares ended Wednesday's session up 4.79% at $12.03.&nbsp;</p>
<p><strong>Read Also:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40904271/whats-going-on-with-amazon-stock"><strong>What&#8217;s Going On With Amazon Stock?</strong></a></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Movers

$BTC

Core Scientific, Inc. - Class A Common Stock

CORZ

What Happened With Bitcoin Miner Core Scientific's Stock Today?

<p><strong>Apple Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares are moving higher Wednesday. Here&#8217;s <a href="https://www.benzinga.com/news/24/09/40917539/while-apple-abandoned-its-car-project-after-pouring-1b-into-it-its-key-supplier-foxconn-is-now-colla">what you need to know.</a></p>
<p><strong>What To Know:</strong> In significant economic development, the Federal Reserve instituted a<a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40927293/powell-defends-0-5-interest-rate-drop-as-right-thing-for-the-economy-doubles-down"> 50 basis points cut</a>, bringing the federal funds rate to 4.75%–5%. This unexpected move, marking the first rate reduction in more than four years, reflects the Fed&#8217;s greater confidence in managing inflation. </p>
<p>The Fed also revised its economic growth forecast for 2024 down to 2%. Inflation projections for the same year were also lowered, while unemployment rates were revised upward through 2026.</p>
<p><strong>Future Rate Path</strong>: The updated Dot Plot suggests another 50 basis points in cuts in 2024 and an additional 100 basis points by the end of 2025, highlighting a more aggressive easing approach compared to previous projections. This outlook signals a significant shift from the Fed's earlier stance and impacts projections for economic metrics over the next few years.</p>
<p><strong>See Also:<a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40927293/powell-defends-0-5-interest-rate-drop-as-right-thing-for-the-economy-doubles-down"> Powell Defends 0.5% Interest Rate Drop As &#8216;Right Thing For The Economy,&#8217; Doubles Down On Fed&#8217;s Cautious, Data-Driven Approach</a></strong></p>
<p><strong>What Else: </strong>The company formerly abandoned its electric vehicle (EV) project after significant investments. In contrast, its key supplier <strong>Hon Hai Precision Industry Co Ltd &#8211; ADR,</strong> also known as Foxconn, (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) is advancing in the EV market. Foxconn, collaborating with Sharp, recently unveiled the LDK+ electric vehicle prototype. Designed with a room-like interior, the LDK+ aims to serve as a personal space, highlighting the evolving role of vehicles in the autonomous driving era.</p>
<p>Foxconn demonstrated strategic acumen by focusing on modular EV platforms that allow for cost-efficient, unique model creation. The company has also approved a $246 million investment in Northern Vietnam for manufacturing EV parts, with operations expected to start in January 2025. This investment underscores Foxconn's commitment to enhancing its production capabilities and positioning itself as a notable player in the EV industry.</p>
<p><strong>AAPL Price Action: </strong>Apple shares closed Wednesday up 1.80% at $220.69, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a></p>
<p><figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1722883001180099"><img loading="lazy" decoding="async" width="1024" height="548" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-1024x548.png" alt="" class="wp-image-554734" style="width:482px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-1024x548.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1-768x411.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18141238/AAPL-1.png 1078w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/equities/24/09/40925721/crowdstrike-launches-ai-security-posture-management-to-enhance-cloud-protection">CrowdStrike Launches AI Security Posture Management To Enhance Cloud Protection</a></strong></li>
</ul>
<p><em>Photo: Courtesy Apple Inc.</em></p>


After-Hours Center

Tech

AAPL

HNHPF

Apple Shares Are Trading Higher Today: What You Need To Know

INCY

SNDX

Incyte, Syndax Report Publication Of Data From Pivotal AGAVE-201 Trial Of Niktimvo; Trial Met The Primary Endpoint Across All Cohorts

Northrop Grumman Says B-21 Raider Program Is Making Progress As The Team Executes Flight Test Campaign And Scales Into Production

Guidance

SANG

Sangoma Expects FY25 Revenue Of $250M - $260M; Q1 Revenue Of $61M - $62M

<p>Cryptocurrency markets are trading relatively flat after the <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40926026/federal-reserve-delivers-bold-0-5-rate-cut-signals-further-easing-ahead">Federal Reserve announced a 50-basis-point interest rate cut</a>, making risk assets more attractive.</p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td><strong>Cryptocurrency</strong></td>
<td><strong>Price</strong></td>
<td><strong>Gains +/-</strong></td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>$60,376.37</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>$2,322.72</td>
<td>-1.3%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>$130.3</td>
<td>-1.7%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$0.101</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>$0.00001334</td>
<td>-0.04%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Notable Statistics:</strong></p>
<ul>
<li>IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses. Transactions greater than $100,000 increased from 7,579 to 8,280 in single day. Exchanges netflows narrowed by 238%.</li>
<li>Coinglass data shows 56,823 traders were liquidated in the past 24 hours for $124 million.</li>
<li>HODL15Capital <a href="https://x.com/HODL15Capital/status/1836412436250865968">noted</a> that U.S. Bitcoin ETFs continue to buy more than 100% of newly mined BTC. The ETFs bought 2,921 Bitcoin yesterday vs. 450 mined.</li>
</ul>
<p><strong>Notable Developments:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40922909/revolut-plans-to-launch-stablecoin-crypto-is-part-of-our-belief-in-banking-without-borders">Revolut Plans To Launch Stablecoin: &#8216;Crypto Is Part Of Our Belief In Banking Without Borders&#8217;</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40913998/jamie-dimon-says-jpmorgan-is-likely-one-of-the-bigger-users-of-blockchain-technology-but-c">Jamie Dimon Says JPMorgan Is Likely &#8216;One Of The Bigger Users&#8217; Of Blockchain Technology, But Calls Cryptocurrencies A &#8216;Pet Rock&#8217;</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40919168/ethereum-co-founder-says-donald-trump-is-certainly-the-favorite-over-kamala-harris-for-cry">Ethereum Co-Founder Says Donald Trump Is &#8216;Certainly The Favorite&#8217; Over Kamala Harris For Crypto</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40924865/hamster-kombat-to-launch-game-development-ecosystem-aiming-to-onboard-next-billion-into-we">Hamster Kombat To Launch Game Development Ecosystem, Aiming To Onboard &#8216;Next Billion&#8217; Into Web3</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40913080/shiba-inu-team-says-launching-k9-finance-liquid-staking-on-shibarium-tomorrow-are-shib-bur">MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40913080/shiba-inu-team-says-launching-k9-finance-liquid-staking-on-shibarium-tomorrow-are-shib-bur">Shiba Inu Team Says Launching K9 Finance Liquid Staking On Shibarium Tomorrow: Are SHIB Burns Set To Accelerate From Here On Now?</a></li>
</ul>
<p><strong>Top Gainers:</strong></p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td><strong>Cryptocurrency</strong></td>
<td><strong>Price</strong></td>
<td><strong>Gains +/-</strong></td>
</tr>
<tr>
<td>Nervos Network (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ckb/usd">CKB</a>)</td>
<td>$0.01754&nbsp;&nbsp;</td>
<td>+10%</td>
</tr>
<tr>
<td>Fantom (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ftm/usd">FTM</a>)</td>
<td>$0.6171</td>
<td>+8.2%</td>
</tr>
<tr>
<td>BinaryX (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BNX</a>)</td>
<td>$1.56</td>
<td>+7.8%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Trader Notes:</strong> Crypto chart analyst Ali Martinez predicts that today's close above $61,500 "could signal the resumption of the bull market! Uptober."</p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> attempts to break through an important trend line. Closing today above $61,500 could signal the resumption of the bull market! <a href="https://twitter.com/hashtag/Uptober?src=hash&amp;ref_src=twsrc%5Etfw">#Uptober</a> &#x1f440; <a href="https://t.co/CU2a38Jsdh">pic.twitter.com/CU2a38Jsdh</a></p>
<p>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1836475047625560515?ref_src=twsrc%5Etfw">September 18, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p><figcaption class="wp-element-caption">Another trader Satoshi Flipper calls this FOMC decision bullish for risk assets like Bitcoin and crypto assets. He added that 50 basis points is more bullish than 25 basis points.<br /><br />He <a href="https://x.com/SatoshiFlipper/status/1836468861174198325">concluded</a>, "cost of borrowing just got even cheaper, hence companies will make more and have more capital available for investing in BTC/risk assets." &nbsp;<br /><br />Another crypto trader, More Crypto Online, predicts that a "break above yesterday&#8217;s high would open the door to $67,000." He <a href="https://x.com/Morecryptoonl/status/1836473875187560632">called</a> the price action a good reaction to the support zone and bulls need to hold above the trend channel for further upside momentum. &nbsp;<br /><br />Crypto Bully provided both long and short trade plans for Bitcoin. Suggesting how to trade, "Look for a retest with good volume to long towards $61,500 for a continuation long."</figcaption></p></figure></p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Update: Both Long and short trade plans<br /><br />&#8211; Powell says that 50bps rate cuts should not be seen as the norm going forward, also says labor market bears close watching<br /><br />&#8211; BTC just following equities the entire day today. Open Interest up 4% since FOMC number release<br /><br />&#8211; Both… <a href="https://t.co/nchUhNYRWD">pic.twitter.com/nchUhNYRWD</a></p>
<p>&mdash; Crypto Bully &#x1f525; (@BullyDCrypto) <a href="https://twitter.com/BullyDCrypto/status/1836479545697816826?ref_src=twsrc%5Etfw">September 18, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p><strong>What&#8217;s Next</strong>: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.</p>
<p><strong>Read Next:&nbsp;</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40908610/whale-games-bitcoin-trader-takes-11-6m-profit-but-guess-how-much-more-theyre-sitting-on">Whale Games: Bitcoin Trader Takes $11.6M Profit But Guess How Much More They&#8217;re Sitting On</a></strong></li>
</ul>


$BNX

$CKB

$DOGE

$ETH

$FTM

$SHIB

$SOL

Bitcoin, Ethereum, Dogecoin Cheer Fed's Decision, Erase Early Losses: Close Above $61.5K Is 'Resumption Of Bull Market,' Says Trader

<p>Sangoma Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANG#NASDAQ">SANG</a>) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $(0.03) by 66.67 percent.  The company reported quarterly sales of $60.93 million which missed the analyst consensus estimate of $61.03 million by 0.16 percent.  This is a 4.31 percent decrease over sales of $63.68 million the same period last year.</p>


Earnings Misses

Sangoma Technologies Q4 2024 GAAP EPS $(0.05) Misses $(0.03) Estimate, Sales $60.93M Miss $61.03M Estimate

<p>iLearningEngines and GenLab Ventures&#39; alliance will initially focus on accelerating digital transformation for global multinationals in Japan, India, the Middle East, and the Americas by applying Generative AI to assist Chief Digital Officers and Chief Learning Officers.&nbsp;</p>


AILE

iLearningEngines Enters Strategic Alliance With GenLab Venture Studio

FANH

Fanhua Reports H1 Earnings Per ADS Of $0.01, Total Net Revenues Of $154.55M

Management

AMKR

Amkor Says James Kim Will Be Stepping Down As Executive Chairman And Retiring From Company Effective October 31, 2024; Susan Kim, Executive Vice Chairman, To Become Chairman Of Board At That Time

ALGS

Aligos Therapeutics Plans To Share Topline Results From Phase 2a HERALD Study Of ALG-055009 In Metabolic-dysfunction Associated Steatohepatitis Subjects

<p>During the last three months, 4 analysts shared their evaluations of TG Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGTX#NASDAQ">TGTX</a>), revealing diverse outlooks from bullish to bearish.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $38.0, a high estimate of $49.00, and a low estimate of $20.00. Observing a 4.83% increase, the current average has risen from the previous average price target of $36.25. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726693292_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>A clear picture of TG Therapeutics's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Edward White</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Mayank Mamtani</td>
<td>B. Riley Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$34.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Corinne Jenkins</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Edward White</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>$49.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to TG Therapeutics. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of TG Therapeutics compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of TG Therapeutics's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of TG Therapeutics's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TGTX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on TG Therapeutics analyst ratings.</strong></a></p>
<h2>All You Need to Know About TG Therapeutics</h2>
<p>TG Therapeutics Inc is a fully integrated, commercial-stage, biopharmaceutical company focused on the acquisition, development, and commercialization of novel treatments for B-cell diseases. The company has received approval from the U.S. Food and Drug Administration (FDA) for BRIUMVI (ublituximab-xiiy) for the treatment of adult patients with relapsing forms of multiple sclerosis (RMS). and the company is developing TG-1701 (BTK inhibitor) and TG-1801 (anti-CD47/CD19 bispecific mAb) for B-cell disorders which are under Phase 1 trial.</p>
<h3>TG Therapeutics's Financial Performance</h3>
<p><strong>Market Capitalization Highlights:</strong> Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, TG Therapeutics showcased positive performance, achieving a revenue growth rate of <strong>357.05%</strong> as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Health Care sector.</p>
<p><strong>Net Margin:</strong> TG Therapeutics's net margin is impressive, surpassing industry averages. With a net margin of <strong>9.36%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> TG Therapeutics's ROE excels beyond industry benchmarks, reaching <strong>4.07%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> TG Therapeutics's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>1.78%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of <strong>0.63</strong>, caution is advised due to increased financial risk.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings

TGTX

Evaluating TG Therapeutics: Insights From 4 Financial Analysts

<p>In the preceding three months, 6 analysts have released ratings for Corcept Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORT#NASDAQ">CORT</a>), presenting a wide array of perspectives from bullish to bearish.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $50.17, a high estimate of $78.00, and a low estimate of $35.00. This upward trend is apparent, with the current average reflecting a 34.4% increase from the previous average price target of $37.33.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726693276_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>The standing of Corcept Therapeutics among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Amsellem</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$67.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Edward Nash</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$78.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Edward Nash</td>
<td>Canaccord Genuity</td>
<td>Maintains</td>
<td>Buy</td>
<td>$38.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>David Amsellem</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$38.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Swayampakula Ramakanth</td>
<td>HC Wainwright &amp; Co.</td>
<td>Raises</td>
<td>Buy</td>
<td>$45.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>David Amsellem</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$35.00</td>
<td>$35.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Corcept Therapeutics. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Corcept Therapeutics compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Corcept Therapeutics's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Corcept Therapeutics's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/CORT/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Corcept Therapeutics analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Corcept Therapeutics</h2>
<p>Corcept Therapeutics Inc is a commercial-stage pharmaceutical company engaged in the discovery and development of medications that treat severe metabolic, oncologic and neuropsychiatric disorders by modulating the effect of the hormone cortisol.</p>
<h3>Unraveling the Financial Story of Corcept Therapeutics</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Corcept Therapeutics's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of <strong>39.15%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Health Care sector.</p>
<p><strong>Net Margin:</strong> Corcept Therapeutics's net margin excels beyond industry benchmarks, reaching <strong>21.44%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Corcept Therapeutics's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of <strong>6.14%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Return on Assets (ROA):</strong> Corcept Therapeutics's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>5.13%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Corcept Therapeutics's debt-to-equity ratio is below the industry average. With a ratio of <b>0.01</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


CORT

Forecasting The Future: 6 Analyst Projections For Corcept Therapeutics

<p>21 analysts have expressed a variety of opinions on PayPal Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">13</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $78.62, a high estimate of $95.00, and a low estimate of $69.00. This current average reflects an increase of 3.65% from the previous average price target of $75.85. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726693235_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>The standing of PayPal Holdings among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Sanjay Sakhrani</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$78.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Dan Dolev</td>
<td>Mizuho</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$80.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Kazuya Nishimura</td>
<td>Daiwa Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$72.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Ramsey El-Assal</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$85.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Bryan Bergin</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$70.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Andrew Bauch</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Colin Sebastian</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Timothy Chiodo</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$72.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Daniel Perlin</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$84.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Paul Golding</td>
<td>Macquarie</td>
<td>Raises</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Rufus Hone</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Anthony Butler</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$83.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Joseph Vafi</td>
<td>Canaccord Genuity</td>
<td>Maintains</td>
<td>Buy</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Harshita Rawat</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$78.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Gus Gala</td>
<td>Monness, Crespi, Hardt</td>
<td>Raises</td>
<td>Buy</td>
<td>$95.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Sanjay Sakhrani</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$78.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Anthony Butler</td>
<td>Susquehanna</td>
<td>Maintains</td>
<td>Positive</td>
<td>$71.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Daniel Perlin</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$84.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>David Togut</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Neutral</td>
<td>$69.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PayPal Holdings. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of PayPal Holdings compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of PayPal Holdings's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into PayPal Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PYPL/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on PayPal Holdings analyst ratings.</strong></a></p>
<h2>Get to Know PayPal Holdings Better</h2>
<p>PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.</p>
<h3>PayPal Holdings: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.</p>
<p><strong>Revenue Growth:</strong> PayPal Holdings displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>8.21%</strong>. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>14.31%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> PayPal Holdings's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>5.46%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> PayPal Holdings's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of <strong>1.35%,</strong> the company may encounter challenges in delivering satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>0.47</strong>, PayPal Holdings adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


PYPL

Key Takeaways From PayPal Holdings Analyst Ratings

<p>Ratings for Wyndham Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WH#NYSE">WH</a>) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $91.8, a high estimate of $104.00, and a low estimate of $80.00. Observing a downward trend, the current average is 3.2% lower than the prior average price target of $94.83. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726693214_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The perception of Wyndham Hotels &amp; Resorts by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Lizzie Dove</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Buy</td>
<td>$96.00</td>
<td>-</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$90.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$104.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$89.00</td>
<td>$91.50</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Announces</td>
<td>Neutral</td>
<td>$80.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Wyndham Hotels &amp; Resorts. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Wyndham Hotels &amp; Resorts compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of Wyndham Hotels &amp; Resorts's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Wyndham Hotels &amp; Resorts's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/WH/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Wyndham Hotels &amp; Resorts analyst ratings.</strong></a></p>
<h2>Get to Know Wyndham Hotels &amp; Resorts Better</h2>
<p>As of Dec. 31, 2023, Wyndham Hotels &amp; Resorts operates 872,000 rooms across more than 20 brands predominantly in the economy and midscale segments. Super 8 is the largest brand, representing around 19% of all rooms, with Days Inn (13%) and Ramada (14%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands, which appeal to travelers seeking to experience the local culture of a given location. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents 57% of total rooms.</p>
<h3>A Deep Dive into Wyndham Hotels &amp; Resorts's Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Wyndham Hotels &amp; Resorts displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>1.38%</strong>. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Wyndham Hotels &amp; Resorts's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>23.43%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Wyndham Hotels &amp; Resorts's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>13.26%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Wyndham Hotels &amp; Resorts's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>2.09%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>3.9</strong>, Wyndham Hotels &amp; Resorts faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


In-Depth Examination Of 5 Analyst Recommendations For Wyndham Hotels & Resorts

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>It&rsquo;s crucial to strike a balance between stability and growth potential. While the majority of your portfolio should consist of reliable, <a href="https://investorplace.com/stock-types/blue-chip-stocks/">blue-chip stocks</a>, I believe allocating a small portion to speculative assets can unlock tremendous opportunities.</p>



<p>High-risk, high-reward investments like cryptocurrencies or <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> can turn a modest sum into a life-changing fortune. Of course, caution is very important here. Small-cap stocks are among the only securities that can realistically deliver 100x gains. However, these assets are notoriously volatile and should be treated as lottery tickets rather than long-term holdings.</p>



<p>Finding businesses that have the potential to grow rapidly is important. However, this is also a very difficult task. Regardless, here are three stellar stocks that I believe possess the power to deliver astronomical returns over the next seven years.</p>



<h2>TSS Inc (TSSI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/04/servers-computers-300x169.jpg" alt="Image of computer servers lined up in a dark room"><div>Source: Gorodenkoff/Shutterstock.com</div></div><p><strong>TSS, Inc.</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/tssi-stock-quote/"><strong>TSSI</strong></a></span>) provides end-to-end technology solutions for data centers. Notably, TSSI stock has been a big winner of late. The company&rsquo;s stock price has skyrocketed nearly 1,000% in the past six months.</p>



<p>I believe TSS is poised for huge success in the coming years. Why? Well, the company reported impressive Q1 2024 results, with <a href="https://finance.yahoo.com/news/tss-inc-reports-first-quarter-200000436.html" target="_blank">revenue surging 142% to $15.9 million</a>. Operating income swung to a profit of $253,000 from a $665,000 loss a year ago. Additionally, adjusted EBITDA also improved by 209% to $475,000.</p>



<p>TSS is capitalizing on the booming demand for AI computing infrastructure. Rack integration orders that used to be in the tens are now in the hundreds. Indeed, it&rsquo;s clear the company is looking to aggressively expand production capacity by up to 10x to meet this unprecedented demand.</p>



<p>Now, this is truly a small-cap stock, with a current market capitalization of just $75 million. However, I think this valuation leaves plenty of room for upside if data centers keep booming and the company keeps landing contracts.</p>



<h2>Airship AI Holdings (AISP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/ai1600-300x169.jpg" alt="mark stock"><div>Source: Shutterstock</div></div><p><strong>Airship AI Holdings</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/aisp-stock-quote/"><strong>AISP</strong></a>) specializes in AI-powered surveillance solutions for government and commercial clients. I see the potential for this company to take off, given the growing demand for advanced security tech. Recently, the Department of Justice awarded the company with a major multi-year contract, which is a promising sign. Airship AI also secured a deal with a Singapore government agency.</p>



<p>The company is still unprofitable. This past quarter, the company posted an <a href="https://finance.yahoo.com/news/airship-ai-reports-first-quarter-123100882.html" target="_blank">operating loss of $1.4 million</a>. However, analysts expect sales growth this year, likely boosted by these new contracts. The stock has been volatile, currently trading around $3.78 with a 52-week range of $1.34 to $14.32.</p>



<p>Getting added to the <strong>Russell 3000</strong> in June was another positive development. Plus, Roth Capital <a href="https://www.investing.com/news/company-news/article-93CH-3447452" target="_blank">initiated</a> coverage with a buy rating, citing a $120+ million opportunity pipeline. The price target is at $12.</p>



<p>If Airship AI keeps landing big government and military contracts, I wouldn&rsquo;t be surprised to see this stock soar in the coming years. Indeed, this is a small company in a hot sector to keep on your radar.</p>



<h2>Red Cat Holdings (RCAT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/07/drone-flight-300x169.jpg" alt="Drone flying over landscape representing uvas stock"><div>Source: Rocksweeper / Shutterstock.com</div></div><p><strong>Red Cat Holdings</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/rcat-stock-quote/"><strong>RCAT</strong></a>) is a small drone company that provides unmanned aerial systems to the U.S. military, government agencies, and allies. I believe this stock has tremendous potential as Western countries modernize their defense capabilities, taking lessons from the war in Ukraine. Small drones have proven essential on the modern battlefield for reconnaissance and precision strikes.</p>



<p>Red Cat&rsquo;s flagship Teal 2 drone, launched in early 2024, generated impressive <a href="https://www.stocktitan.net/news/RCAT/red-cat-holdings-reports-financial-results-for-fiscal-third-quarter-s5p0sgbymols.html" target="_blank">revenue growth of 250% year-over-year to $5.8 million</a> in the latest quarter. Impressively, analysts have a moderate buy consensus on the stock with a bullish <a href="https://www.tipranks.com/stocks/rcat/forecast" target="_blank">$4 average price target</a>, implying over 130% upside. Moving forward, I think the company is well-positioned to benefit from the Pentagon&rsquo;s Replicator initiative to field thousands of low-cost drones.</p>



<p>I&rsquo;ve covered this stock multiple times before the recent surge. However, at current levels, I still think this stock is a solid buy. As of writing, the company carries a market cap of just $130 million. Red Cat is one of the only pure-play small drone stocks available to public investors. Federal tailwinds like the American Security Drone Act should provide a major boost. Indeed, as Red Cat scales production and adds high-margin software, I expect profitability to improve.</p>



<p><em><strong>On Penny Stocks and Low-Volume Stocks:</strong>&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.</em></p>



<p><em><strong>Read More:</strong>&#8239;Penny Stocks &mdash;&nbsp;</em><a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank"><em>How to Profit Without Getting Scammed</em></a></p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a></em></p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/07/3-stellar-stocks-that-could-turn-1k-into-10k-by-2030/">3 Stellar Stocks That Could Turn $1K into $10K by 2030</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Stellar Stocks That Could Turn $1K into $10K by 2030

Unusual Machines: A Play On The Shift In The Drone Industry

Red Cat Holdings (RCAT) just unveiled an update. On July 22, 2024, Red Cat Holdings, Inc. completed the sale of its entire stake in Unusual Machine...

Red Cat Holdings Executes Major Tech Sector Deal

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>As the summer of 2024 heats up, so does my excitement for under-$10 stocks. I believe these affordable picks strike a sweet spot between volatility and medium-term potential. Sure, <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> and most sub-$10 shares often get lumped together, and for good reason &ndash; many smaller companies have struggled in the market despite the broader rally. However, these budget-friendly stocks are still worth a closer look.</p>



<p>Why? They offer an enticing balance of risk and reward. Plus, as interest rates inevitably cool off in the coming quarters, it could be just the catalyst needed to push these stocks to new heights. I&rsquo;m not saying it&rsquo;ll be a smooth ride, but for those willing to buckle up, the potential payoff could be well worth it. Let&rsquo;s take a look!</p>



<h2>Udemy (UDMY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/11/udemy-udmy-1600-300x169.jpg" alt="An image of the logo for Udemy through a lens."><div>Source: II.studio / Shutterstock.com</div></div><p><strong>Udemy</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/udmy-stock-quote/"><strong>UDMY</strong></a>) is an online learning platform that offers courses in various fields to over 64 million learners worldwide. The company recently reported strong first-quarter 2024 results, with <a href="https://markets.businessinsider.com/news/stocks/udemy-reports-first-quarter-2024-results-1033322145" target="_blank">24% year-over-year revenue growth</a> in its Business segment and expansion to over 16,000 enterprise customers globally. This is the biggest segment now, as the Consumer segment has been declining.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-3-1.png"><img width="1226" height="741" src="https://investorplace.com/wp-content/uploads/2024/07/chart-3-1.png" alt="Udemy revenue by segment"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>I believe Udemy is well-positioned for long-term success as demand for online learning and upskilling continues. Analysts seem bullish on Udemy&rsquo;s prospects, with firms like Keybanc, Cantor Fitzgerald, and Needham <a href="https://www.sahmcapital.com/news/content/in-depth-examination-of-7-analyst-recommendations-for-udemy-2024-04-04" target="_blank">maintaining positive ratings</a> and price targets indicating significant upside. Cantor Fitzgerald&rsquo;s Brett Knoblauch reiterated an Overweight rating with a $20 price target, implying a 122% upside from current levels. While I&rsquo;m encouraged by the optimism, I would caution that such a lofty target may be overly ambitious in the near term.</p>



<p>That said, with Udemy guiding for profitability in 2024 and analysts projecting <a href="https://seekingalpha.com/symbol/UDMY/earnings/estimates" target="_blank">54 cents in earnings per share in 2026</a>, the current valuation of under 17x 2026 earnings looks quite reasonable for a high-growth software name. If Udemy executes well, there could still be plenty of room for upside.</p>



<h2>Taboola.com (TBLA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-300x169.jpg" alt="TBLA stock: Taboola company website with logo close up"><div>Source: Postmodern Studio / Shutterstock</div></div><p><strong>Taboola</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/tbla-stock-quote/"><strong>TBLA</strong></a>) is an advertising technology company that provides content recommendation services. The company has been navigating a challenging environment, but I believe it is well-positioned to benefit from the accelerating shift of advertising dollars to digital channels.</p>



<p>In today&rsquo;s world, content consumption is increasingly moving online. People are spending more time than ever watching videos, reading articles and otherwise engaging with digital media. Naturally, advertisers are following suit by allocating larger portions of their budgets to online channels and sponsored content. This mega trend plays right into Taboola&rsquo;s wheelhouse. Despite near-term headwinds, Taboola delivered solid Q1 2024 results, beating the high end of its guidance across all key metrics.</p>



<p>Revenues <a href="https://finance.yahoo.com/news/taboola-com-ltd-tbla-q1-071338780.html#:~:text=Revenue%3A%20Q1%202024%20revenue%20was,margin%20year-over-year." target="_blank">grew 26% year-over-year to $414 million</a>, while ex-TAC gross profit increased 20% to $139 million.&nbsp;The company is making good progress on strategic priorities like ramping up its Yahoo partnership and driving advertiser success through AI-powered tools. The expected growth in the coming years is very promising, too.</p>



<div><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-1.png" alt="Taboola revenue chart"><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>Taboola&rsquo;s stock has been flat over the past year and is down 17.6% year-to-date, but I view this as an attractive entry point.</p>



<h2>Kinross Gold (KGC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/kinross-kgc-1600-300x169.jpg" alt="Cellphone with business logo of Canadian mining company Kinross Gold Corp. on screen in front of webpage."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Kinross Gold Corporation</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/kgc-stock-quote/"><strong>KGC</strong></a>), a Canadian-based gold mining company, has been striking it rich thanks to soaring gold prices. With economic uncertainty driving investors towards safe havens like gold, Kinross has seen its stock rise by 77% over the past year.</p>



<p>The company posted strong Q1 2024 results, with margins <a target="_blank" href="https://s2.q4cdn.com/496390694/files/doc_financials/2024/q1/Q124-Quarterly-Report.pdf">jumping 20% to $1,088 per ounce sold</a>. The analyst <a target="_blank" href="https://www.tipranks.com/stocks/kgc/forecast">consensus is bullish</a>, but bears argue the stock may be getting ahead of itself. Personally, I&rsquo;m in the bull camp and believe gold prices have room to run.</p>



<p>Kinross is making smart moves, like investing in the promising Manh Choh project in Alaska. The company also published an impressive sustainability report to boost ESG.</p>



<p>Regardless, Kinross&rsquo; fortunes are closely tied to the price of gold. If the yellow metal loses its luster, expect KGC shares to follow suit. But for now, I&rsquo;m excited to see how this gold rush plays out. With Q2 results due out soon, Kinross investors could be in for another pleasant surprise.</p>



<h2>Aware (AWRE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/01/awre-stock-1-300x169.jpg" alt="Aware (AWRE) logo displayed on a web browser and enlarged by a magnifying glass"><div>Source: Pavel Kapysh / Shutterstock.com</div></div><p><strong>Aware</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/awre-stock-quote/"><strong>AWRE</strong></a>) receives limited analyst coverage, but those who follow it see long-term potential due to the increasing global need for secure biometric solutions. Craig-Hallum analyst Jeff Van Rhee recently <a target="_blank" href="https://markets.businessinsider.com/news/stocks/craig-hallum-sticks-to-their-buy-rating-for-powerfleet-aiot-1033560360">reiterated</a> his &ldquo;Buy&rdquo; rating on Aware.</p>



<p>However, Aware&rsquo;s financial performance has been volatile, and the company is still unprofitable. In Q1 2024, Aware <a target="_blank" href="https://www.globenewswire.com/en/news-release/2024/05/02/2874724/0/en/Aware-Reports-First-Quarter-2024-Financial-Results.html">reported</a> a 3% year-over-year increase in revenue to $4.4 million, while its net loss improved to $1.0 million from $1.6 million in the prior year period. I believe that if Aware continues to execute on its strategy, it could reach profitability in the near future.</p>



<p>The rise of AI could disrupt many existing verification systems, potentially driving companies to rapidly adopt more advanced biometric solutions. This trend could benefit Aware as businesses turn to the company&rsquo;s expertise in biometric software.</p>



<h2>UP Fintech Holding (TIGR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/smartphone-mobile-financial-fintech-1600-300x169.jpg" alt="Illustration of phone with dollar sign and other graphics symbolizing fintech displayed on and around it, with a blue background. Fintech Stock Bargains. fintech stocks to buy"><div>Source: shutterstock.com/ZinetroN</div></div><p><strong>UP Fintech Holding</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/tigr-stock-quote/"><strong>TIGR</strong></a>) operates an online brokerage platform focusing on global Chinese investors. The company has faced challenges in recent years, with its stock price down significantly from 2021 highs and trading mostly below $5 for over two years now.</p>



<p>However, I believe UP Fintech is starting to turn things around financially and could deliver solid upside if it maintains its current trajectory. While the stock is flat year-to-date, I expect positive moves going forward as the company <a target="_blank" href="https://www.streetinsider.com/Corporate+News/UP+Fintech+Holding+Limited+%28TIGR%29+Reports+Q1+Revenue+of+%2478.9M%2C+Net+Income+of+%2414.7M/23322737.html#:~:text=UP%20Fintech%20Holding%20Limited%20(NASDAQ,a%20nearly%20three-year%20high.">reported</a> total revenue of $78.9 million in Q1 2024, a 19% increase year-over-year. Both GAAP and non-GAAP net income also saw significant growth.</p>



<p>Of course, skepticism still abounds regarding the Chinese economy, but I don&rsquo;t necessarily view that as a negative for UP Fintech. As the &ldquo;largest online broker focusing on global Chinese investors in terms of U.S. securities trading volume,&rdquo; the company could actually benefit from Chinese investors increasingly looking abroad amidst a poorly performing <strong>Hang Seng Index</strong>.</p>



<h2>Red Cat Holdings (RCAT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/07/drone-flight-300x169.jpg" alt="Drone flying over landscape representing uvas stock"><div>Source: Rocksweeper / Shutterstock.com</div></div><p><strong>Red Cat Holdings</strong> (NSADAQ:<a href="https://investorplace.com/stock-quotes/rcat-stock-quote/"><strong>RCAT</strong></a>) is a small drone drone startup. The company recently reported <a href="https://www.alphaspread.com/security/nasdaq/rcat/earnings-calls/q3-2024" target="_blank">revenue of $5.8 million in fiscal Q3 2024</a>, representing 250% year-over-year increase and marking the third consecutive quarter of double-digit sequential growth. The growth ahead looks solid, too.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-2-2.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-2-2.png" alt="Under-$10 stocks: RCAT revenue estimates"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>In my view, Red Cat is a risky but intriguing investment for those seeking significant upside potential. This small drone player could hit pay dirt by landing hefty contracts as unmanned aerial vehicles gain popularity with government and military customers. After all, drones are already heavily utilized by law enforcement, and the Pentagon is just beginning to ramp up its drone deployments.</p>



<p>Red Cat aims to replicate that manufacturing capability domestically, and I believe it could soar if successful. The company also recently <a target="_blank" href="https://www.stocktitan.net/news/RCAT/red-cat-secures-4-4-million-of-non-dilutive-jo4fj2say3td.html">secured $4.4 million in non-dilutive financing</a> and is poised to join the <strong>Russell Microcap Index</strong>.</p>



<p>Analysts seem bullish on Red Cat, with Ladenburg Thalmann <a target="_blank" href="https://fintel.io/news/ladenburg-thalmann-initiates-coverage-of-red-cat-holdings-rcat-with-buy-recommendation-664">initiating coverage in June</a> with a &ldquo;Buy&rdquo; rating and $4 price target, implying over 75% upside from here.</p>



<h2>PowerFleet (AIOT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/iot1600a-min-300x169.jpg" alt='A close-up shot of a tablet screen with "IOT" text and related emoticons in a connected web.'><div>Source: Shutterstock</div></div><p><strong>PowerFleet</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/aiot-stock-quote/"><strong>AIOT</strong></a>) provides IoT and AI solutions to optimize logistics operations. The company has been pivoting to a SaaS-centric business model centered around its Unity platform.</p>



<p>I believe PowerFleet is well-positioned to benefit from the rapid digitization of the logistics industry. Companies are investing heavily in AI and software to maximize supply chain efficiency, and PowerFleet&rsquo;s device-agnostic Unity platform puts it in the sweet spot of this trend.</p>



<p>The market seems to be recognizing PowerFleet&rsquo;s potential. The stock has surged 76% over the past year as the company&rsquo;s recurring SaaS revenue gains traction. However, it still trades 42% below pre-pandemic levels.</p>



<p>Analysts are overwhelmingly bullish, with <a href="https://www.tipranks.com/stocks/aiot/forecast" target="_blank">all six covering the stock rating it a &ldquo;Buy.&rdquo;</a> Canaccord Genuity <a href="https://www.investing.com/news/stock-market-news/mix-telematics-deal-boosts-powerfleet-stock-price-target-at-canaccord-genuity-93CH-3336342" target="_blank">nearly doubled its price target to $10</a>, implying a 110% upside. While I&rsquo;m not quite that optimistic, I agree PowerFleet&rsquo;s valuation doesn&rsquo;t reflect its growth prospects in a booming industry.</p>



<p><em><strong>On Penny Stocks and Low-Volume Stocks:</strong>&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.</em></p>



<p><em><strong>Read More:</strong>&#8239;Penny Stocks &mdash;&nbsp;</em><a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank"><em>How to Profit Without Getting Scammed</em></a></p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a></em>.</p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>
<p>The post <a href="https://investorplace.com/2024/07/the-top-7-under-10-stocks-to-buy-now-summer-2024/">The Top 7 Under-$10 Stocks to Buy Now: Summer 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

The Top 7 Under-$10 Stocks to Buy Now: Summer 2024

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Red Cat Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/rcat-stock-quote/"><strong>RCAT</strong></a></span>) just reported results for the fourth quarter of 2024.</p><ul><li>Red Cat Holdings reported earnings per share of -9 cents. This was below the analyst estimate for EPS of -5 cents.</li><li>The company reported revenue of $6.31 million.</li><li>This was 4.98% worse than the analyst estimate for revenue of $6.64 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><p>The post <a href="https://investorplace.com/earning-results/2024/08/rcat-stock-earnings-red-cat-holdings-for-q4-of-2024/">RCAT Stock Earnings: Red Cat Holdings Misses EPS, Misses Revenue for Q4 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

RCAT Stock Earnings: Red Cat Holdings Misses EPS, Misses Revenue for Q4 2024

Red Cat Holdings GAAP EPS of -$0.40, revenue of $17.83M

Red Cat Holdings, Inc. (RCAT) Q4 2024 Earnings Call Transcript

Red Cat Holdings: Looming Catalysts And The New Era Of AI Drone Swarm Warfare

The latest update is out from Red Cat Holdings ( ($RCAT) ). Red Cat Holdings has completed its strategic acquisition of FlightWave Aerospace System...

Red Cat Holdings Expands Defense Presence with Strategic Acquisition

FlightWave Aerospace-part of Red Cat bags $1.9M Air Force contract

AIOT

AISP

AWRE

OPTT

TBLA

TIGR

TSSI

UDMY

UMAC

Press Releases

General

Red Cat Introduces New Family of Low-Cost, Portable Unmanned Reconnaissance and Precision Lethal Strike Systems

Unusual Machines Selected to Provide the First Drone for Red Cat's FAN(TM) Line of First-Person View Lethal Strike Systems

Contracts

CORRECTION FROM SOURCE Unusual Machines Selected to Provide the First Drone for Red Cat's FANG(TM) Line of First-Person View Strike Systems

Red Cat Set to Join Russell Microcap® Index

Financing

Red Cat Secures $4.4 Million of Non-Dilutive Financing

Red Cat Holdings to Report Fiscal Year-End 2024 Financial Results and Provide Corporate Update on Thursday, August 8, 2024

Red Cat Holdings Reports Financial Results for Fiscal Year Ended April 30, 2024 and Provides Business Update

Red Cat Closes Acquisition of FlightWave Aerospace Systems

Growth Stocks Across Multiple Sectors-Innovators in Action: MODD, INBS, RCAT, KAVL, WHLR"

FlightWave, a Red Cat Company, Secures $1.9 Million TACFI Award for Advanced Enhancements to Edge 130 VTOL

INBS

KAVL

MODD

WHLR

Aeva Technologies

PowerFleet

Arlo Technologies

Coda Octopus Group

Daktronics

Evolv Technologies Holdings, Inc. - Class A Common Stock

Evolv Technologies

Faro Technologies

Frequency Electronics, Inc. - Common Stock

Frequency Electronics

Identiv

Iteris

nLight

Luna Innovations Incorporated - Common Stock

Luna Innovations

908 Devices

MultiSensor AI Holdings, Inc. - Common Stock

MultiSensor AI Holdings

Microvision

NOVONIX Limited - American Depository Shares

NOVONIX

Ouster

Research Frontiers Incorporated - Common Stock

Research Frontiers

SmartRent

Sono-Tek

TROOPS

Vishay Precision Group, Inc. Common Stock

Vishay Precision Group

Vuzix

Wrap Technologies

Zepp Health Corporation American depositary shares, each representing sixteen Class A ordinary shares

Zepp Health

Ladenburg Thalmann

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Red Cat Hldgs

Red Cat Hldgs (RCAT) Forecast

Red Cat Hldgs (NASDAQ:RCAT) Stock, Quote.Headers.trade-ideas