Venus Medtech (Hangzhou) Stock (OTC: VMTHF)

Venus Medtech (Hangzhou) (OTC:VMTHF) Stock, Quote.Headers.trade-ideas

Venus Medtech (Hangzhou) Inc is engaged in the development and commercialization of transcatheter solutions for structural heart diseases. It has two TAVR products on the market, namely VenusA-Valve, and VenusA-Plus. VenusA-Valve is its first-generation TAVR device, which is used to treat severe Aortic Stenosis (AS) using a transcatheter approach. VenusA-Plus is an upgraded product of VenusA-Valve. Geographically majority of the revenue is derived from Mainland China.

Venus Medtech (Hangzhou) Inc

HC Wainwright &amp; Co. analyst Swayampakula Ramakanth reiterates Nuvalent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUVL#NASDAQ">NUVL</a>) with a Buy and maintains $110 price target.

News

Price Target

Reiteration

Analyst Ratings

NUVL

HC Wainwright & Co. Reiterates Buy on Nuvalent, Maintains $110 Price Target

Barclays analyst Tom O'Malley maintains Astera Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) with a Overweight and raises the price target from $87 to $135.

ALAB

Barclays Maintains Overweight on Astera Labs, Raises Price Target to $135

Barclays analyst Blayne Curtis maintains ARM Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) with a Overweight and raises the price target from $145 to $155.

Barclays Maintains Overweight on ARM Holdings, Raises Price Target to $155

WIIM

SPOT

Spotify shares are trading lower after Wolfe Research downgraded the stock from Outperform to Peer Perform.

Needham analyst Ryan Koontz reiterates Kaltura (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLTR#NASDAQ">KLTR</a>) with a Buy and maintains $3 price target.

KLTR

Needham Reiterates Buy on Kaltura, Maintains $3 Price Target

Barclays analyst Tom O'Malley maintains Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) with a Equal-Weight and lowers the price target from $225 to $200.

AMAT

Barclays Maintains Equal-Weight on Applied Mat, Lowers Price Target to $200

Needham analyst Ryan Koontz reiterates Radcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDCM#NASDAQ">RDCM</a>) with a Buy and maintains $16 price target.

RDCM

Needham Reiterates Buy on Radcom, Maintains $16 Price Target

Earnings

Earnings Misses

SIFY

Sify Technologies Q3 Sales $124.213M Miss $152.300M Estimate

Barclays analyst Tom O'Malley maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Equal-Weight and lowers the price target from $250 to $210.

Barclays Maintains Equal-Weight on Analog Devices, Lowers Price Target to $210

Legal

BNAI

Brand Engagement Network Terminates Exclusive Reseller Agreement With AFG Companies And Files Lawsuit Against AFT And Its CEO Alleging 'fraudulent misrepresentation, breach of contract, and the concealment of a ransomware attack on their network shortly before the agreement was executed.'

HIGHLIGHTS
<ul>
<li>Revenue was INR 10,491 Million, an increase of 21% over the same quarter last year.</li>
<li>EBITDA was INR 1,914 Million, an increase of 13% over the same quarter last year.</li>
<li>Loss before tax was INR 119 Million. Loss after tax was INR 258 Million.</li>
<li>CAPEX during the quarter was INR 3,343 Million.</li>
</ul>

Sify Reported Q3 Topline Growth Of 21% YoY

OUST

Ouster Says It Expects Q4 2024 Revenue To Be Within The Guidance Range Of $29M-$31M Vs. $29.925M Estimate

A new report from Bernstein reveals a significant shift in the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43007480/whats-going-on-with-bitcoin-mining-stocks-mara-holdings-riot-platforms-and-cleanspark-2">mining landscape</a>, with just twelve companies now controlling a substantial 30% of the network&#8217;s total hash rate.
This represents a notable increase from 22% in January 2024, highlighting a growing concentration of power within the sector. 
What Happened: The report identifies these key players as being comprised of large-scale consolidators, hybrid AI-Bitcoin operations, and smaller mid-sized miners, all contributing to the sector's rapid evolution.
The most significant hash rate growth has been led by major players including Marathon Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), Riot Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) and CleanSpark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>).
Marathon Digital has reached 53 exahashes per second (EH/s) by December, representing 7% of the network&#8217;s total hash rate. 
CleanSpark experienced an impressive 400% year-over-year increase and now holds 5%, surpassing Riot Platforms. 
Riot, while expanding its hash rate capacity through various development projects, remains a dominant force through continued acquisitions.
Simultaneously, a number of miners, such as Iris Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) and TeraWulf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>), have begun to strategically diversify their operations, directing energy towards AI-focused data centers in addition to Bitcoin mining. 
Iris Energy, which achieved a 450% hash rate growth in 2024, is also expanding its GPU infrastructure for <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41211430/riot-platforms-explores-ai-opportunities-while-staying-focused-on-bitcoin-mining">AI-related workloads</a>.
This highlights an industry trend towards becoming versatile data center operators, blending cryptocurrency and artificial intelligence resources.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43035888/donald-trump-reportedly-open-to-us-crypto-reserve-as-bitcoin-reserve-chatter-gathers-steam">Donald Trump Reportedly Open To US Crypto Reserve As Bitcoin Reserve Chatter Gathers Steam</a>
Why It Matters: Bernstein's analysis further identifies key leaders in operational efficiency.
Iris Energy, Marathon Digital, and CleanSpark are noted for their strong energy utilization and operational uptime. 
Iris Energy notably achieved a 90% realization rate in December, maximizing Bitcoin output per megawatt through both strategic hardware upgrades and optimized operational procedures.
There exists a distinction in financial and Bitcoin holding strategies amongst the companies. 
Major consolidators, like Marathon and Riot, are holding <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43035888/donald-trump-reportedly-open-to-us-crypto-reserve-as-bitcoin-reserve-chatter-gathers-steam">large reserves of Bitcoin</a>, mirroring a MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)-<a href="https://www.benzinga.com/25/01/42993521/michael-saylors-microstrategy-not-alone-in-bitcoin-acquisition-says-bitwise-chief-investment-officer-its-a-bona-fide-megatrend">inspired approach</a>, whilst raising capital through instruments like convertible bonds.
For example, Marathon holds approximately 44,890 BTC, valued at $4.5 billion, constituting around 70% of its overall market capitalization. 
However, in contrast, many AI-focused miners have liquidated most of their Bitcoin production, due to internal operating policies and debt obligations.
Despite the sector&#8217;s considerable growth, with approximately 6.5 gigawatts of power currently in operation, mining companies are currently trading at a steep 90% discount compared to traditional data centers, according to Bernstein. 
The report suggests a significant potential for re-evaluation, especially for operators who are exploring strategic options like AI-driven applications and advanced power management strategies. 
This indicates an untapped potential for significant re-rating within the market.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43033588/jade-city-launches-flappy-jade-telegram-game-with-tokenized-gemstone-rewards">Jade City Launches &#8216;Flappy Jade&#8217; Telegram Game With Tokenized Gemstone Rewards</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

CLSK

IREN

MARA

MSTR

RIOT

WULF

Bitcoin Miners Consolidate Power: 12 Firms Now Control 30% Of Network Hash Rate

Barclays analyst Blayne Curtis maintains Allegro Microsystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGM#NASDAQ">ALGM</a>) with a Overweight and raises the price target from $25 to $30.

ALGM

Barclays Maintains Overweight on Allegro Microsystems, Raises Price Target to $30

Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) reported quarterly earnings of $1.43 per share which beat the analyst consensus estimate of $1.35 by 5.93 percent. This is a 2.05 percent decrease over earnings of $1.46 per share from the same period last year. The company reported quarterly sales of $608.47 million which missed the analyst consensus estimate of $615.22 million by 1.10 percent. This is a 6.56 percent increase over sales of $571.02 million the same period last year.

Earnings Beats

Webster Finl Q4 2024 Adj EPS $1.43 Beats $1.35 Estimate, Sales $608.47M Miss $615.22M Estimate

Barclays analyst Tom O'Malley maintains Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) with a Overweight and lowers the price target from $170 to $140.

Barclays Maintains Overweight on Advanced Micro Devices, Lowers Price Target to $140

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates Cabaletta Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CABA#NASDAQ">CABA</a>) with a Buy and maintains $25 price target.

CABA

HC Wainwright & Co. Reiterates Buy on Cabaletta Bio, Maintains $25 Price Target

Weinswig will assist the Company to ensure a successful transition of responsibilities prior to his departure. Mr. Weinswig's resignation is not a result of any disagreement related to the Company's operations, policies or practices, including any accounting principles and practices, or related to any financial statements or disclosures.

Ouster Announced The Departure Of Its Chief Financial Officer, Mark Weinswig, Effective January 31

Biotech

General

ZLAB

Zai Lab Says China's National Medical Products Administration Has Accepted the NDA For KarXT For Treatment Of Schizophrenia

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates Outlook Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTLK#NASDAQ">OTLK</a>) with a Buy and maintains $30 price target.

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Venus Medtech (Hangzhou)

Venus Medtech (Hangzhou) (VMTHF) Forecast

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