Latest news for NamSys (OTC:NMYSF) Stock

NamSys Inc offers software solutions for currency management and processing for the banking and merchant industries principally in North America. The company generates its revenue in the form of software license fees, maintenance, and professional services. The majority of the revenue is generated from the United States and rest from Mexico, Puerto Rico, Dominican Republic, Canada and other regions.

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Stocks That Hit 52-Week Highs On Friday

NamSys Inc

<p><strong>RAIR Technologies</strong>, an open-source platform for building decentralized Web3 applications, has been accepted into the <strong>Denarii Labs</strong> Accelerator, a competitive program aimed at helping early-stage Web3 companies develop and fine-tune their tokenomics. </p>
<p>The 12-week accelerator program, led by <strong>RedBeard Ventures</strong> and supported by advisory firms such as <strong>Futureverse</strong>, will provide RAIR Technologies with strategic mentorship and guidance as it strengthens its core technology and token models, RAIR Technologies said in a statement to Benzinga.</p>
<p>Denarii Labs is known for offering support in tokenomics and launch strategies for Web3 startups, focusing on aligning business models with token structures that can drive sustainable growth. </p>
<p>The accelerator's selection process is highly competitive, ensuring that only the most promising companies in the Web3 space are chosen. </p>
<p>RAIR Technologies will use this opportunity to refine the tokenomics of it<strong>s RAIRprotocol</strong>, a tool designed to enable decentralized application development, asset creation, and royalty tracking.</p>
<p><strong>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40989296/ethereum-outshines-bitcoin-after-u-s-federal-reserve-rate-cut-but-heres-how-volatility-cou">Ethereum Outshines Bitcoin After U.S. Federal Reserve Rate Cut, But Here&#8217;s How Volatility Could Crash The Party</a></strong></p>
<p>"We couldn't be more proud to be accepted into this unique and elite program for the Web3 industry," said<strong> Ed Prado, </strong>CEO of RAIR Technologies. "Denarii Labs will allow us to drill down on our tokenomics before we significantly expand both the technology and our partner base."</p>
<p>RAIR's acceptance into the program comes at a crucial time, as the company prepares to raise additional funding and explore new partnerships. </p>
<p>With mentorship from industry leaders such as <strong>Coinbase Global Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), <strong>GSR</strong> and <strong>Omniscia</strong>, along with legal guidance from Fenwick &amp; West, RAIR Technologies will focus on refining its business model and investor readiness.</p>
<p>The company previously participated in Sony's accelerator program, which resulted in a partnership with Soneium, Sony's blockchain initiative.</p>
<p><strong><em>These topics will be explored in depth at Benzinga's <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19, where industry experts will discuss the future of Web3, blockchain innovation and tokenomics in the decentralized economy.</em></strong></p>
<p><strong>Read Next: <br />     • <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985125/bitcoins-on-chain-metrics-are-turning-bullish-what-is-going-on">Bitcoin&#8217;s On-Chain Metrics Are Turning Bullish: What Is Going On?</a></strong></p>


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

Cryptocurrency

COIN

RAIR Technologies Joins Denarii Labs Accelerator To Refine Web3 Tokenomics

<p>Telegram's CEO <strong>Pavel Durov</strong> agreed to provide user IP addresses and phone numbers to authorities in response to valid <a href="https://www.benzinga.com/topic/law">legal requests</a>.</p>
<p>Following his arrest in France last month, Durov, who previously resisted government demands for user data, changed Telegram's terms of service to prevent criminals from exploiting the app, <a href="https://www.bloomberg.com/news/articles/2024-09-23/telegram-ceo-durov-says-app-to-provide-more-data-to-governments">per</a> Bloomberg's report.</p>
<p>French authorities allege Telegram, with its reputation for protecting privacy and using encryption, has become a hub for criminal activities. </p>
<p>Durov, a dual French-Russian national, denied these charges, stating the misuse of technology should not be blamed on its creators. He remains prohibited from leaving the country after being released on a $5.5 million bail.</p>
<p>Amid legal troubles, Telegram has announced new measures to combat misuse of the platform. Durov revealed the company began using artificial intelligence and human moderation to filter problematic content from search results.</p>
<p>&#8220;We've already started this process internally,&#8221; he stated, adding that more details will be shared soon.</p>
<p>The European Union has been tightening regulations on encrypted communication, even debating proposals such as client-side or on-device scanning of private messages and photos — measures that Al Jazeera <a href="https://www.aljazeera.com/economy/2024/6/20/orwellian-eus-push-to-mass-scan-private-messages-on-whatsapp-signal">characterized</a> as "Orwelian."</p>
<p><strong>Meredith Whittaker</strong>, president of Signal, reflected on such measures earlier this year, <a href="https://signal.org/blog/pdfs/upload-moderation.pdf">stating</a> &#8220;There is no way to implement such proposals without undermining encryption and creating vulnerabilities.&#8221;</p>
<p><strong>Preston Bryne</strong>, a senior fellow at the Adam Smith Institute, raised concerns about the broader implications of Durov's case for online censorship.</p>
<p>&#8220;European states are trying to dictate to foreign companies what content they can and cannot host,&#8221; he <a href="https://prestonbyrne.com/2024/08/24/thoughts-on-the-durov-arrest/">noted</a>, likening the situation to selective enforcement targeting political adversaries.</p>
<p>French President <strong>Emmanuel Macron</strong> dismissed those allegations calling them "a part of an independent investigation," <a href="https://www.lemonde.fr/en/pixels/article/2024/08/28/telegram-ceo-pavel-durov-formally-indicted-prohibited-from-leaving-france_6722943_13.html">per</a> Le Monde.</p>
<p>This decision is certain to impact Telegram's business model, which was rooted in the platform's commitment to protecting users&#8217; privacy. Even before this turnaround, the company's financials were not stellar, as, according to documents obtained <a href="https://www.ft.com/content/242552a9-4280-46c0-9d61-bcf6ccd14400">by</a> the Financial Times, as it lost $259 million in 2023.</p>
<p>It is unclear whether the possible user exodus might benefit competitors like Signal or WhatsApp. Following the news, <strong>Meta</strong> <strong>Platform Inc.'s </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) stock closed at a new all-time high of $573.98</p>
<p><strong>Now Read:<br />   • <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40989179/meta-connect-2024-preview-cheaper-vr-expected-analysts-see-augmented-reality-and-ai">Meta Connect 2024 Preview: Cheaper VR Expected, Analysts See Augmented Reality And AI As Major Focus</a></strong></p>

<p><em>Photo: Shutterstock</em></p>


Eurozone

Legal

Global

Tech

Telegram Uses AI To Filter Problematic Data, Will Share User Info To Authorities

<p>STOCK CLOSES NEAR HIGH OF THE DAY</p>
<p><figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="810" height="742" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM.png" alt="" class="wp-image-1409" style="width:920px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM.png 810w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM-300x275.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM-768x704.png 768w" sizes="(max-width: 810px) 100vw, 810px" /></figure></p>
<p>Today, TradePulse&#8217;s latest Power Inflow alert indicated institutional volume is coming into Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), signaling a shift from net selling to buying. This shift is a key indicator of rising investor confidence and the potential for an uptrend in BKNG&#8217;s stock.</p>
<p>At 10:02 AM ET on September 23rd BKNG registered a Power Inflow at a price of $4062.73. Following this signal, the stock reached its high point at 3:55 EDT, climbing over 40 points ($4104.87) during the day, translating to an approximate increase of 1.0%. This alert is crucial for investors relying on order flow analytics, suggesting the beginning of an uptrend and presenting a valuable opportunity for those anticipating higher prices. Observers are now closely monitoring BKNG for sustained positive momentum, viewing this as a bullish sign.</p>
<p><strong>Understanding Power Inflow:</strong></p>
<p>A Power Inflow is identified by a surge in buy orders over sell orders, typically occurring within the first one or two hours after the market opens. This phenomenon is observed in ten to twenty stocks daily, reflecting the initial strategies and reactions of large institutional investors. Analyzing the size, timing, and price of these transactions helps signal shifts in market sentiment and potential price changes. For those interested in monitoring more stocks exhibiting Power Inflows, visiting the TradePulse website provides comprehensive insights and updates on daily occurrences.</p>
<p><strong>Importance of Power Inflow:</strong></p>
<p>Power Inflows are crucial as they offer early indications of potential uptrends, enabling traders to act even before the market fully adjusts. Such a change is commonly viewed as a sign of larger inflows than retail is capable of producing, indicating institutional interest and a short-term uptrend in the stock. Although not always marking the lowest point, stocks tend to rise following a Power Inflow. This makes these signals especially valuable for identifying strategic entry points and planning short-term investments, as they provide an opportunity to capitalize on upward momentum ahead of wider market recognition.</p>
<p><strong>Strategic Actions Following a Power Inflow:</strong></p>
<p>After detecting a Power Inflow, traders should view it as a potential entry buying point but also confirm the trend with TradePulse's additional indicators such as Momentum, Daily, and Large Deal flows to ensure its strength and viability. Prompt action, combined with strategic stop-loss settings, can maximize returns and minimize risks. This comprehensive approach allows traders to make more informed decisions, optimizing their trading strategies in alignment with real-time market dynamics.</p>
<p>If you want to stay updated on the latest options trades for <strong>Booking Holdings Inc.</strong>,<a href="https://benzinga.grsm.io/register174"> Benzinga Pro</a> gives you real-time options trade alerts.&nbsp;</p>
<p><a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data are brought to you by Benzinga APIs</a> and include firms, like<a href="https://finitusa.com/en/"> Finit USA</a>, responsible for parts of the data within this article.<br /><br /></p>
<p><strong><em>After Market Close UPDATE</em>:</strong></p>
<p>The price at the time of the Power Inflow was <strong>$4062.73</strong>. The returns on the High price (<strong>$4104.87)</strong> and Close price (<strong>$4097.08)</strong> after the Power Inflow were respectively <strong>1.0% and 0.8%. That is why it is important to have a</strong> trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case the high of the day and close were very close but that is not always the case</p>
<p><strong>Past Performance is Not Indicative of Future Results</strong></p>


Signals

BKNG

Tradepulse Power Inflow Alert: Booking Holdings Inc. Climbs Over 40 Points After Signal

<p>O'Reilly Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) has outperformed the market over the past 15 years by 13.85% on an annualized basis producing an average annual return of 25.72%. Currently, O'Reilly Automotive has a market capitalization of $64.99 billion. </p>
<p><strong>Buying $1000 In ORLY:</strong> If an investor had bought $1000 of ORLY stock 15 years ago, it would be worth <strong>$30,563.32</strong> today based on a price of $1119.84 for ORLY at the time of writing.</p>
<h3>O'Reilly Automotive's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727127024_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


ORLY

$1000 Invested In This Stock 15 Years Ago Would Be Worth $31,000 Today

<p>Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) has outperformed the market over the past 20 years by 8.05% on an annualized basis producing an average annual return of 16.54%. Currently, Adobe has a market capitalization of $234.06 billion. </p>
<p><strong>Buying $100 In ADBE:</strong> If an investor had bought $100 of ADBE stock 20 years ago, it would be worth <strong>$2,125.94</strong> today based on a price of $527.87 for ADBE at the time of writing.</p>
<h3>Adobe's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727127019_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$100 Invested In This Stock 20 Years Ago Would Be Worth $2,100 Today

<p><strong>Tesla, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares moved higher Monday as investors anticipate the company's third-quarter delivery figures and <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40987087/us-stocks-stall-gold-updates-record-highs-tesla-rallies-whats-driving-markets-monday">the release of its robotaxi.&nbsp;</a></p>
<p><strong>The Details:</strong> Tesla shares climbed nearly 5% Monday after Barclays analyst <strong>Daniel Levy</strong> said he expects Tesla deliveries to come in higher than the consensus estimate of 460,000, according to <a href="https://finance.yahoo.com/news/tesla-stock-pops-amid-bullish-sales-forecast-as-robotaxi-unveiling-looms-181255883.html?utm_campaign=bm&amp;utm_medium=newsletter&amp;utm_source=morning_brew">a report</a> from Yahoo Finance.&nbsp;</p>
<p>The Barclays analyst expects Tesla to deliver about 470,000 EVs for the quarter due to an uptick in sales in China.&nbsp;</p>
<p>"Given the positive data points reported thus far in the quarter, particularly in China, we believe Tesla&#8217;s sales trajectory is well understood and investors are expecting a stronger result," Levy wrote.</p>
<p><strong>Read Next: </strong><a href="https://www.benzinga.com/news/earnings/24/09/40948948/homebuilder-lennar-reports-better-than-expected-q3-results-details"><strong>Homebuilder Lennar Reports Better-Than-Expected Q3 Results: Details</strong></a></p>
<p>Levy also expects Tesla's long-awaited "Robotaxi Day" scheduled for Oct. 10 to boost the stock. Tesla CEO <strong>Elon Musk</strong> has<a href="https://www.benzinga.com/news/24/07/39929718/tesla-robotaxi-unveiling-set-for-oct-10-here-are-the-updates-from-company-ceo-elon-musk-on-its-upcom"> hinted at the possibility</a> of the first unsupervised Tesla robotaxi ride by the end of 2024.</p>
<p>"It's difficult, obviously, my predictions on this have been overly optimistic in the past," Musk said. "…based on the current trend… you could do [it] unsupervised possibly by the end of this year. I would be shocked if we cannot do it next year."</p>
<h1 class="wp-block-heading"><strong>TSLA Stock Prediction 2024</strong></h1>
<p>Tesla&#8217;s revenue growth in FY23 was 18.8%, reflecting the influence of various factors including the macroeconomic environment, demand for its products and services, and its position relative to competitors. This growth is a critical indicator for investors assessing the company&#8217;s future prospects.</p>
<p>Some macro factors that could impact the company's performance in the next year include higher interest rates, progress on reeling in inflation and labor market strength. The Fed's benchmark rate is currently at 4.83%, while PPI recently came in at 0.2%, growing 1.7% from last year. The unemployment rate was most recently reported as 4.2%.</p>
<p>An investor should pay attention to economic conditions to decide whether they think the macro environment is positive or negative for Tesla stock. For real-time economic data and breaking market updates, <a href="https://pro.benzinga.com/">check out Benzinga Pro. Try it for free.</a></p>
<p>How does this stack up against Tesla's peers? Investors may also want to analyze a stock in comparison to companies with similar products or in similar industries. </p>
<p>Tesla operates in the Consumer Discretionary sector. The stock has experienced an average annual growth of -1.06% compared to the -37.76% average of its peer companies. This is below the broader sector movement of Tesla.</p>
<p><strong>TSLA Price Action:</strong> According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Tesla shares ended Monday's session 1.22% higher at $250.</p>
<p><strong>Read Also:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40957779/shipping-giants-fedex-ups-stocks-slip-friday-whats-going-on"><strong>Shipping Giants FedEx, UPS Stocks Slip Friday: What&#8217;s Going On?</strong></a></li>
</ul>
<p><em>Photo: Courtesy of Tesla, Inc.</em></p>


TSLA

What Happened With Tesla Stock Today?

<p>HEI intends to use the net proceeds from the offering to fund its contribution to the expected Maui wildfire tort litigation settlement and for general corporate purposes.</p>


Offerings

Hawaiian Electric Industries Intends To Make Offering Of $500M Of Shares Of Its Common Stock

SSIC

Silver Spike Investment Says Stockholders Have Voted At Special Meeting Of Stockholders To Approve Proposal Related To Acquisition Of CALP Loan Portfolio

<p>N-Sorb leverages company&#39;s proven 3-Phase Activ-Polymer&nbsp;platform technology to address recent concerns related to N-nitrosamine impurities in pharmaceuticals.</p>


AptarGroup Says N-Sorb Nitrosamine Mitigation Solution Has Been Accepted Into FDA Emerging Technology Program

<p>Ratings for Grocery Outlet Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GO#NASDAQ">GO</a>) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over 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;">0</td>
<td style="text-align: right;">3</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>Last 30D</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>
<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;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</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' evaluations of 12-month price targets offer additional insights, showcasing an average target of $23.43, with a high estimate of $31.00 and a low estimate of $17.00. Highlighting a 18.08% decrease, the current average has fallen from the previous average price target of $28.60. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125287_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The standing of Grocery Outlet Holding 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>Karen Short</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Hold</td>
<td>$17.00</td>
<td>-</td>
</tr>
<tr>
<td>Bill Kirk</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Michael Lasser</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$21.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$27.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Jeremy Hamblin</td>
<td>Craig-Hallum</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$31.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Anthony Bonadio</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$28.00</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 Grocery Outlet Holding. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Grocery Outlet Holding compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Grocery Outlet Holding's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into Grocery Outlet Holding's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/GO/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Grocery Outlet Holding analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>About Grocery Outlet Holding</h2>
<p>Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.</p>
<h3>Financial Insights: Grocery Outlet Holding</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Grocery Outlet Holding's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>11.71%</strong> as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Grocery Outlet Holding's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.24%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> Grocery Outlet Holding's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>1.15%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>0.46%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> Grocery Outlet Holding's debt-to-equity ratio is below the industry average at <strong>1.25</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</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>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings

7 Analysts Assess Grocery Outlet Holding: What You Need To Know

<p>13 analysts have expressed a variety of opinions on Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) over the past quarter, offering a diverse set of opinions 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;">6</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</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;">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>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;">6</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>
</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;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $96.92, a high estimate of $115.00, and a low estimate of $80.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 5.33%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125260_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>A comprehensive examination of how financial experts perceive Microchip Technology is derived from recent analyst actions. The following is a detailed summary of 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>William Stein</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$80.00</td>
<td>$89.00</td>
</tr>
<tr>
<td>Harsh Kumar</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$100.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Quinn Bolton</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$96.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Hans Mosesmann</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Buy</td>
<td>$90.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Christopher Danely</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$92.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Craig Ellis</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$103.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>William Stein</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$89.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Harlan Sur</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$100.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Christopher Rolland</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$105.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Vivek Arya</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$90.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Hans Mosesmann</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$100.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Christopher Rolland</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$115.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Joseph Moore</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$100.00</td>
<td>$102.00</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 Microchip Technology. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Microchip Technology compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of Microchip Technology's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Microchip Technology's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/MCHP/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Microchip Technology analyst ratings.</strong></a></p>
<h2>About Microchip Technology</h2>
<p>Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.</p>
<h3>Microchip Technology: Delving into Financials</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>Negative Revenue Trend:</strong> Examining Microchip Technology's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately <strong>-45.76%</strong> in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.</p>
<p><strong>Net Margin:</strong> Microchip Technology's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>10.42%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Microchip Technology's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>1.98%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Microchip Technology's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.82%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> Microchip Technology's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>0.97</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>What Are 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>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


MCHP

13 Analysts Assess Microchip Technology: What You Need To Know

<p>Throughout the last three months, 4 analysts have evaluated Jefferies Financial Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</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;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</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;">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>1M Ago</strong></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>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M 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>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>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $64.0, with a high estimate of $67.00 and a low estimate of $59.00. This upward trend is apparent, with the current average reflecting a 14.96% increase from the previous average price target of $55.67.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125251_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Jefferies Financial Gr by financial experts. 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>Ryan Kenny</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$64.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$67.00</td>
<td>-</td>
</tr>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$66.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Ryan Kenny</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$59.00</td>
<td>$44.00</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 Jefferies Financial Gr. 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 Jefferies Financial Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of Jefferies Financial Gr's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of Jefferies Financial Gr's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/JEF/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Jefferies Financial Gr analyst ratings.</strong></a></p>
<h2>Discovering Jefferies Financial Gr: A Closer Look</h2>
<p>Jefferies Financial Group Inc is a diversified financial services company. It has two reportable segments; Investment Banking and Capital Markets which is also the majority revenue generating segment, includes securities, commodities, corporate lending, futures and foreign exchange capital markets activities and its investment banking business, which provides underwriting and financial advisory services to clients across different sectors. The Asset Management reportable business segment provides alternative investment management services to investors in the U.S. and overseas and generates investment income from capital invested in and managed by it or its affiliated asset managers.</p>
<h3>Financial Milestones: Jefferies Financial Gr's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Jefferies Financial Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>52.39%</strong> as of 31 May, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.</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>5.75%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Jefferies Financial Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>1.47%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Jefferies Financial Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.23%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> Jefferies Financial Gr's debt-to-equity ratio is below the industry average at <strong>2.04</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>Understanding the Relevance of 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 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>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Navigating 4 Analyst Ratings For Jefferies Financial Gr

<p>RBC Bearings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) has outperformed the market over the past 15 years by 6.54% on an annualized basis producing an average annual return of 18.4%. Currently, RBC Bearings has a market capitalization of $8.67 billion. </p>
<p><strong>Buying $1000 In RBC:</strong> If an investor had bought $1000 of RBC stock 15 years ago, it would be worth <strong>$12,698.64</strong> today based on a price of $297.91 for RBC at the time of writing.</p>
<h3>RBC Bearings's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125215_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much You Would Have Made Owning RBC Bearings Stock In The Last 15 Years

<p>Icon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLR#NASDAQ">ICLR</a>) has outperformed the market over the past 10 years by 6.67% on an annualized basis producing an average annual return of 17.87%. Currently, Icon has a market capitalization of $24.54 billion. </p>
<p><strong>Buying $100 In ICLR:</strong> If an investor had bought $100 of ICLR stock 10 years ago, it would be worth <strong>$515.21</strong> today based on a price of $296.30 for ICLR at the time of writing.</p>
<h3>Icon's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125210_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


ICLR

Here's How Much $100 Invested In Icon 10 Years Ago Would Be Worth Today

<p>During the last three months, 24 analysts shared their evaluations of Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), revealing diverse outlooks 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;">11</td>
<td style="text-align: right;">12</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;">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;">2</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;">7</td>
<td style="text-align: right;">6</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;">2</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>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $88.42, along with a high estimate of $98.00 and a low estimate of $75.00. Marking an increase of 1.85%, the current average surpasses the previous average price target of $86.81. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125208_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>The perception of Uber Technologies 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>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$97.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$88.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$90.00</td>
<td>-</td>
</tr>
<tr>
<td>Rob Sanderson</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$84.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Justin Post</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$88.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Ronald Josey</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$80.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Ronald Josey</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$98.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Rohit Kulkarni</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$89.00</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$97.00</td>
<td>$91.00</td>
</tr>
<tr>
<td>Mark Mahaney</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$88.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Tom White</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$82.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Ronald Josey</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$75.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$92.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$95.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>John Blackledge</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Conor Cunningham</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Hold</td>
<td>$77.00</td>
<td>-</td>
</tr>
<tr>
<td>Shweta Khajuria</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$90.00</td>
<td>-</td>
</tr>
<tr>
<td>Bernie McTernan</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$91.00</td>
<td>$89.00</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 Uber Technologies. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Uber Technologies compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Uber Technologies's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>For valuable insights into Uber Technologies's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/UBER/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Uber Technologies analyst ratings.</strong></a></p>
<h2>Get to Know Uber Technologies Better</h2>
<p>Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 150 million users who order rides or food at least once a month.</p>
<h3>Uber Technologies: Delving into Financials</h3>
<p><strong>Market Capitalization:</strong> Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, Uber Technologies showcased positive performance, achieving a revenue growth rate of <strong>15.93%</strong> as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>9.49%,</strong> the company showcases strong profitability and effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>8.67%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Uber Technologies's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>2.5%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Uber Technologies's debt-to-equity ratio is below the industry average. With a ratio of <b>0.9</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>The Basics of Analyst Ratings</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
<p>Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights"><strong>Click here for urgent details</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


UBER

Navigating 24 Analyst Ratings For Uber Technologies

<p><strong>GameStop Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) shares are rising in extended trading Monday after the company announced the completion of its <a href="https://www.benzinga.com/pressreleases/24/09/g40990738/gamestop-completes-at-the-market-equity-offering-program">at-the-market offering program</a>.</p>
<p><strong>What Happened:</strong> After the market close on Monday, GameStop said it completed its <a href="https://www.benzinga.com/news/earnings/24/09/40803991/gamestop-q2-earnings-highlights-revenue-miss-eps-beat-cash-update-and-more">previously announced</a> offering program. </p>
<p>On Sept. 10, GameStop updated its prospectus to allow the company to offer and sell up to 20 million shares of its common stock from time to time.  </p>
<p>The video game retailer announced Monday it sold the maximum number of shares registered under the program for gross proceeds of approximately $400 million. GameStop expects to use net proceeds for general corporate purposes, which may include acquisitions and investments.</p>
<p>GameStop stock is extremely popular among retail investors, which has helped spark some wild swings in the stock in recent years. GameStop management has taken advantage of the volatility by raising cash several times along the way. </p>
<p>GameStop had $4.204 billion in cash, cash equivalents and marketable securities as of the end of the second quarter. </p>
<p><strong>Don&#8217;t Miss: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40971260/trumps-historic-bitcoin-transaction-ethereum-co-founder-backs-trump-over-harris-for-crypto">Trump&#8217;s Historic Bitcoin Transaction, Ethereum Co-Founder Backs Trump Over Harris For Crypto, Gamestop Customer&#8217;s Bitcoin Windfall, And More: This Week In Cryptocurrency</a></strong></p>
<p><strong>GME Price Action: </strong>GameStop shares were up 1.34% in after-hours, trading at $22.31 at the time of publication Monday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.</p>
<p><em>Photo: <a href="https://www.flickr.com/photos/jjbers/">JJBers</a> from Flickr.</em></p>


GameStop Stock Jumps Monday After The Bell: What's Going On?

EARN

Ellington Credit Postpones Its 2024 Annual Meeting Of Shareholders, Originally Scheduled For September 26, 2024

<p><strong>Snowflake Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) shares are trading lower in Monday's after-hours session after the company announced a $2 billion private placement of <a href="https://www.benzinga.com/pressreleases/24/09/b40990749/snowflake-announces-proposed-private-placement-of-2-0-billion-of-convertible-senior-notes">senior convertible notes.</a></p>
<p><strong>The Details:</strong> Snowflake announced it intends to offer $1 billion aggregate principal amount of its convertible senior notes due 2027 and a $1 billion aggregate principal amount of its convertible senior notes due 2029.</p>
<p>The company also intends to grant the initial purchasers of the notes options to purchase up to an additional $150 million aggregate principal amount of the 2027 notes and up to an additional $150 million aggregate principal amount of the 2029 notes.&nbsp;</p>
<p><strong>Read Next: </strong><a href="https://www.benzinga.com/news/earnings/24/09/40948948/homebuilder-lennar-reports-better-than-expected-q3-results-details"><strong>Homebuilder Lennar Reports Better-Than-Expected Q3 Results: Details</strong></a></p>
<p>According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Snowflake shares are trading below the stock&#8217;s 50-day moving average of $121.30 and near its 52-week low of $107.13.&nbsp;</p>
<h1 class="wp-block-heading"><strong>Will SNOW Stock Go Up?</strong></h1>
<p>When trying to assess whether or not Snowflake will trade higher from current levels, it's a good idea to take a look at analyst forecasts. </p>
<p>Wall Street analysts have an average 12-month price target of $166.93 on Snowflake. The Street high target is currently at $220 and the Street low target is $121. Of all the analysts covering Snowflake, 19 have positive ratings, nine have neutral ratings and no one has negative ratings.</p>
<p>In the last month, no analysts have adjusted price targets. Here's a look at recent price target changes <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">[Analyst Ratings]</a>. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Snowflake have performed in recent history. </p>
<p>Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Snowflake is 40.11% down year-to-date. The average analyst price target suggests the stock could have further upside ahead.</p>
<p>For a broad overview of everything you need to know about Snowflake, visit <a href="https://www.benzinga.com/quote/SNOW">here</a>. If you want to go above and beyond, there's no better tool to help you do just that than <a href="https://pro.benzinga.com/">Benzinga Pro</a>. Start your free trial today.</p>
<p><strong>SNOW Price Action:</strong> According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Snowflake shares are down 2.62% after-hours at $110.29 at the time of publication Monday.</p>
<p><strong>Read Also:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40957779/shipping-giants-fedex-ups-stocks-slip-friday-whats-going-on"><strong>Shipping Giants FedEx, UPS Stocks Slip Friday: What&#8217;s Going On?</strong></a></li>
</ul>
<p><em>Image: Shutterstock&nbsp;</em></p>


After-Hours Center

SNOW

Snowflake Stock Dips On Offering After-Hours: What To Know

<p>The Notes were priced at&nbsp;98.855%&nbsp;of the principal amount and will mature on February 1, 2035. The offering is expected to close on September 26, 2024, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed, jointly and severally, by the Company, Invitation Homes OP GP LLC, and IH Merger Sub, LLC.</p>


INVH

Invitation Homes Prices Public Offering Of $500M Of 4.875% Senior Notes Due 2035

<p>Financial giants have made a conspicuous bullish move on Vistra. Our analysis of options history for Vistra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) revealed 96 unusual trades.</p>
<p>Delving into the details, we found 41% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $643,223, and 84 were calls, valued at $7,549,105.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $155.0 for Vistra during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Vistra's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Vistra's whale activity within a strike price range from $50.0 to $155.0 in the last 30 days. </p>
<h3>Vistra Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727124345_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>VST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$24.4</td>
<td>$23.9</td>
<td>$24.2</td>
<td>$90.00</td>
<td>$605.0K</td>
<td>802</td>
<td style="text-align: right;">253</td>
</tr>
<tr>
<td>VST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$34.5</td>
<td>$34.2</td>
<td>$34.5</td>
<td>$115.00</td>
<td>$345.0K</td>
<td>0</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>VST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$21.6</td>
<td>$21.3</td>
<td>$21.3</td>
<td>$87.50</td>
<td>$223.6K</td>
<td>708</td>
<td style="text-align: right;">121</td>
</tr>
<tr>
<td>VST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$10.2</td>
<td>$10.1</td>
<td>$10.1</td>
<td>$120.00</td>
<td>$135.3K</td>
<td>3.1K</td>
<td style="text-align: right;">193</td>
</tr>
<tr>
<td>VST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$6.7</td>
<td>$6.4</td>
<td>$6.4</td>
<td>$85.00</td>
<td>$112.6K</td>
<td>162</td>
<td style="text-align: right;">176</td>
</tr>
</tbody>
</table>
</p>
<h3>About Vistra</h3>
<p>Vistra Energy is one of the largest power producers and retail energy providers in the us Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation along with one of the largest utility-scale battery projects in the world. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.</p>
<p>Having examined the options trading patterns of Vistra, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of Vistra</h3>
<ul>
<li>Currently trading with a volume of 15,603,256, the VST's price is up by 3.85%, now at $112.03. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 43 days.</li>
</ul>
<h3>What Analysts Are Saying About Vistra</h3>
<p>A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $118.66666666666667.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Vistra, targeting a price of $132.<br />
&#x2A; An analyst from BMO Capital persists with their Outperform rating on Vistra, maintaining a target price of $125.<br />
&#x2A; In a cautious move, an analyst from Jefferies downgraded its rating to Buy, setting a price target of $99. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Vistra with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Market Whales and Their Recent Bets on VST Options

NamSys GAAP EPS of C$0.01, revenue of C$1.52M

NamSys GAAP EPS of C$0.06, revenue of C$6.09M

NamSys reports Q1 results

Namsys declares CAD 0.05 special dividend

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><a target="_blank" href="https://investorplace.com/stock-types/penny-stocks/"></a><a href="https://investorplace.com/stock-types/penny-stocks/">Penny stocks</a> are known for their extreme price fluctuations. Due to low liquidity and low market capitalization, even small changes in demand can cause drastic price swings, making them highly unpredictable. However, This volatility could lead them to one day soaring 1,000% or more, as they are under $1 penny stocks.</p>



<p>Furthermore, many penny stock companies are small, unproven, and may have unviable business models. Many of these companies fail, resulting in a total loss for investors. Investors assume this extreme risk while investing in penny stocks, which allows for astronomical returns of 1,000% or more.</p>



<p>However, I feel some under $1 penny stocks could be worth considering if one clearly understands the risks of investing in these companies. Although it is rare, some of these companies have gone on to reach greatness, and I think that these under $1 penny stocks could have a decent shot at achieving that.</p>



<h2>NamSys (NMYSF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600b-300x169.jpg" alt="software stocks: Coding software developer work with augmented reality dashboard computer icons of scrum agile development and code fork and versioning with responsive cybersecurity"><div>Source: Shutterstock</div></div><p><strong>NamSys</strong> (OTCMKTS:<strong><a target="_blank" href="https://investorplace.com/stock-quotes/nmysf-stock-quote/">NMYSF</a></strong>) provides integrated cash management software through a software-as-a-service model.</p>



<p>The company reported <a href="https://www.marketscreener.com/quote/stock/NAMSYS-INC-49479293/news/NamSys-Inc-Reports-Earnings-Results-for-the-First-Quarter-Ended-January-31-2024-46343151/" target="_blank">Q1 2024 revenue of 1.58 million</a> CAD, a 6% increase from 1.5 million in the same period last year. Net income for the quarter rose by 12% to 425,584, up from 378,864 in Q1 2023.</p>



<p>NamSys plans to continue <a target="_blank" href="https://markets.ft.com/data/announce/full?dockey=600-202404021715CANADANWCANADAPR_C7072-1">focusing on expanding its market reach</a> and enhancing its software offerings. The company expects steady revenue growth driven by increased adoption of its software-as-a-service solutions in the cash management industry. Specific initiatives include developing new features for their existing software and expanding into new geographical markets.</p>



<p>Additionally, NamSys has been <a href="https://in.marketscreener.com/quote/stock/NAMSYS-INC-49479293/news/NamSys-Inc-announces-an-Equity-Buyback-for-1-364-316-shares-representing-5-of-its-issued-share-ca-44722594/" target="_blank">actively repurchasing shares</a>, buying back 1,364,316 common shares as part of its Normal Course Issuer Bid.</p>



<p>The cash management niche is relatively small, and it&rsquo;s also somewhat uncommon to find a company like NMYSF operating it, which means it could have explosive growth potential for investors.</p>



<h2>Nikola (NKLA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/06/nkla-stock-1600-300x169.png" alt="Nikola (NKLA) badge on the front of a matte black car"><div>Source: <a href="https://nikolamotor.com/press">Nikola Press Center</a></div></div><p><strong>Nikola</strong> (NASDAQ:<strong><a target="_blank" href="https://investorplace.com/stock-quotes/nkla-stock-quote/">NKLA</a></strong>) focuses on electric vehicles and hydrogen fuel cells, aiming to change the transportation sector.</p>



<p>There has been some recent news for NKLA that suggests to me that it is on a prosperous path forward. Nikola has made significant progress in hydrogen fuel cell truck development, with orders for <a href="https://www.nikolamotor.com/nikola-corporation-reports-first-quarter-2023-results" target="_blank">140 hydrogen fuel cell trucks from 12 customers</a> in the first quarter of 2023. The company has also commissioned four HYLA hydrogen mobile fuelers to support its refueling infrastructure. In&nbsp;the most recent quarter, NKLA said it &ldquo;exceeded the high-end of [its] guidance range&rdquo; <a href="https://www.nikolamotor.com/nikola-corporation-reports-first-quarter-2024-results">via the delivery</a> of forty fuel cell electric vehicles (FCEVs).</p>



<p>For 2024, Nikola aims to continue expanding its hydrogen fuel cell and battery-electric vehicle (BEV) offerings. The company aims to provide 14 hydrogen fueling solutions, including modular fuelers and partner stations, by the end of 2024.</p>



<p>Hydrogen vehicles could become a viable alternative to electric vehicles, giving NKLA immense potential.</p>



<h2>Western Forest Products (WFSTF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/06/timber-wood-1600-300x169.jpg" alt="photo of walking space between two very tall stacks of processed timber"><div>Source: shutterstock.com/Free Belarus</div></div><p><strong>Western Forest Products</strong> (OTCMKTS:<strong><a target="_blank" href="https://investorplace.com/stock-quotes/wfstf-stock-quote/">WFSTF</a></strong>) manufactures high-quality wood products and sustainably managed forests, offering a solid financial profile.</p>



<p>The company reported <a href="https://www.westernforest.com/wp-content/uploads/2024/02/NR-Results-2024-Q1.pdf" target="_blank">Q1 2024 revenue of 239.5 million</a> CAD, surpassing the consensus estimate of 231 million. The company posted a net loss of 8 million for the quarter, resulting in a loss per share of 0.02 CAD, which matched analyst expectations. Adjusted EBITDA for the quarter was negative 4.2 million&#8203;.</p>



<p>The company operates seven sawmills, four remanufacturing facilities, and two glulam manufacturing facilities, with a lumber capacity exceeding 1 billion board feet.&nbsp;</p>



<p>The future looks bright for WFSTF thanks to its tiny market capitalization and stable financials. Also, Western Forest Products is implementing further cost-saving measures and aims to enhance its production capabilities throughout the year, which I think will help it break even.</p>



<p><em>On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/penny-stock-powerhouses-3-under-1-picks-set-to-soar-1000/">Penny Stock Powerhouses: 3 Under-$1 Picks Set to Soar 1,000%</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Penny Stock Powerhouses: 3 Under-$1 Picks Set to Soar 1,000%

NamSys GAAP EPS of C$0.02, revenue of C$1.66M

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>The market rally is causing investors to become more and more aggressive recently, and I believe this trend could accelerate as the rally continues. Thus, it seems to be a good time to buy some speculative stocks. Sub-$1 <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> are as speculative as you can get in the stock market. It&rsquo;s not enough for the stock to be listed on any major exchange, so we&rsquo;re almost dealing with pure pink sheets here, except for two stocks.</p>



<p>These companies have very little information about them available online and are rarely covered by analysts. Regardless, if these companies land big contracts or capture a good amount of market share in their sectors, you can easily realize 10,000%-plus gains from them in a short amount of time. The inverse is also true, so you should be very careful about what you&rsquo;re putting your money into. You&rsquo;ll only find lottery tickers below $1.</p>



<p>So, let&rsquo;s explore the seven sub-$1 penny stocks that may be worthy of consideration. </p>



<h2>NamSys (NMYSF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/bonus-pay-money-300x169.jpg" alt="100 dollar bills being passed from one hand to the other. Can represent stimulus checks or payment. millionaire-maker stocks"><div>Source: Maryna Pleshkun/Shutterstock.com</div></div><p><strong>NamSys Inc.</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/nmysf-stock-quote/"><strong>NMYSF</strong></a></span>) provides cloud-based cash management and currency processing software solutions, primarily serving the banking and retail sectors in North America. It has a SaaS business model, which is driving robust recurring revenue growth.</p>



<p>The company <a href="https://www.google.com/finance/quote/CTZ:CVE" target="_blank">reported total revenue of 1.66 million CAD</a> for the quarter, up an impressive 9.3% year-over-year (<strong>YOY</strong>). Notably, recurring revenue from software subscriptions, hosted services and product support surged 9.2% to 1.64 million CAD. Its flagship Cirreon Smart Safe platform is also very sticky and has little customer churn. Additionally, gross margins expanded by 1.8 percentage points to a healthy 63%.</p>



<p>While the stock has treaded water over the past five years, NamSys&rsquo; accelerating financial momentum could be the catalyst to propel shares significantly higher going forward.</p>



<h2>MariaDB (MRDB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/cloud1600c-300x169.jpg" alt="image of a cloud surrounded by various symbols related to internet connectivity and interaction"><div>Source: Shutterstock</div></div><p><strong>MariaDB</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/mrdb-stock-quote/"><strong>MRDB</strong></a></span>) is a cutting-edge cloud database company providing businesses with an open-source relational database solution. MRDB&rsquo;s flagship product offers cross-cloud flexibility and universal accessibility that appeals to organizations of all sizes. Developers praise its intuitive design, adaptability and game-changing impact within the open-source domain. In fact, it&rsquo;s been <a href="https://mariadb.com/database-topics/mariadb-vs-mysql/" target="_blank">downloaded over one billion times to date</a> and has dethroned MySQL as the go-to in Linux distributions.</p>



<p>Despite a rocky five-year stock performance, MariaDB seems to be orchestrating an impressive turnaround in recent months. Shares have skyrocketed more than 100% year-to-date (<strong>YTD</strong>). So, if the company can sustain its current growth trajectory, this rally could still have plenty of runway ahead.</p>



<p>Admittedly, gaping losses have been MariaDB&rsquo;s Achilles heel in years past. However, management deserves kudos for slashing those deficits dramatically over the last three quarters. In Q1 of 2024, net losses <a href="https://www.google.com/finance/quote/MRDB:NYSE" target="_blank">narrowed</a> to $3.5 million from $17.6 million two quarters ago. Similarly, the operating cash burn was more than halved to $7.2 million.</p>



<p>Now, MariaDB is by no means out of the woods just yet. Liquidity concerns can&rsquo;t be brushed aside. But if the company continues executing on its streamlining initiatives while driving breakneck top-line expansion, MRDB could deliver big upside.</p>



<h2>5G Networks (MLBEF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/global-earth-connections-mapped-300x169.jpg" alt="Global network of map points"><div>Source: Blue Planet Studio/Shutterstock.com</div></div><p>While the &ldquo;5G&rdquo; in its name may confuse some investors, the company actually has no relation to the 5G cellular standard rollout by telcos. Instead, <strong>5G Networks</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/mlbef-stock-quote/"><strong>MLBEF</strong></a></span>) is determined to be the one-stop-shop for Oceania businesses&rsquo; entire cloud and connectivity needs. The <a href="https://5gnetworks.au/news/webcentral-and-5g-networks-agree-to-merge/" target="_blank">merger with Webcentral</a> has created Australia&rsquo;s largest independent provider in this space. It now commands over 330,000 customers.</p>



<p><a href="https://www.google.com/finance/quote/5GN:ASX" target="_blank">Revenues were 96.1 million AUD</a>, which was basically flat for all of 2023. However, the company trimmed losses by 23.57%. I believe it has enough cash to handle losses until it turns profitable since the company is already giving cash back to shareholders. Also, 5G Networks has announced the cancellation of 816,123 of its ordinary fully paid shares following an on-market buy-back process concluded on June 28, 2024. It repurchased a total of 3,678,256 ordinary fully paid shares on the previous trading day. This is part of a larger cumulative buy-back of 20,943,629 shares to date, as <a href="https://www.tipranks.com/news/company-announcements/5g-networks-limited-continues-share-buy-back-4" target="_blank">reported by TipRanks</a>.</p>



<p>I personally think this is a bit premature, given the company hasn&rsquo;t achieved profitability yet. However, it is still promising.</p>



<h2>Zoomd Technologies (ZMDTF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/digital_marketing_16-300x169.png" alt="a photo of someone typing on a laptop on a wooden table with computer-related images"><div>Source: My Life Graphic/Shutterstock.com</div></div><p><strong>Zoomd Technologies</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/zmdtf-stock-quote/"><strong>ZMDTF</strong></a></span>) is a rising star in the marketing technology arena. Based on their latest earnings report, I believe this sub-$1 penny stock has the potential for explosive growth. The company&rsquo;s revenue <a href="https://zoomd.com/zoomd-technologies-reports-first-quarter-2024-financial-results/" target="_blank">increased by 16%</a> compared to the previous quarter, and profitability is finally within reach after six consecutive quarters of net losses.</p>



<p>Last year, management made tough but necessary strategic decisions to refocus the business. Those moves are clearly paying off. Operating profit surged nearly 950% quarter-over-quarter to $0.6 million. Adjusted EBITDA also skyrocketed by $1 million to reach $1.2 million. ZMDTF achieved this while keeping capital expenditures steady, showing an impressive ability to drive higher returns without overextending.</p>



<p>With a cash balance of $2.3 million and no long-term debt, Zoomd Technologies looks well-positioned to capitalize on the booming digital advertising market. Its unified user acquisition platform should see robust demand as more businesses shift ad dollars online.</p>



<h2>OneMeta (ONEI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600d-300x169.jpg" alt="A man examines a digital screen with different icons for software."><div>Source: Shutterstock</div></div><p><strong>OneMeta</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/onei-stock-quote/"><strong>ONEI</strong></a></span>) aims to break down global communication barriers with AI-powered software. The company reported a tiny revenue of <a href="https://www.google.com/finance/quote/ONEI:OTCMKTS" target="_blank">$5,387 for the first quarter of 2024</a>, a 70% increase compared to the same period last year.</p>



<p>Despite the losses, I believe OneMeta holds good potential. Their flagship product transforms smartphones into personal translators. This technology could revolutionize international communication. In April 2024, they <a href="https://www.accesswire.com/856368/onemeta-begins-translation-services-for-the-archdiocese-of-oklahoma-city" target="_blank">began</a> providing translation services for the Archdiocese of Oklahoma City. Also, they claimed to have reduced translation and transcription speed to under 200 milliseconds.</p>



<p>However, you should keep the risks in mind. The company operates in a competitive space, with tech giants heavily investing in translation technologies.</p>



<p>Nonetheless, OneMeta&rsquo;s stock has surged 117% over the past year. If the company can effectively scale its services and show a clear roadmap to profitability, I believe OneMeta could become a major player in the global communication space.</p>



<h2>Skkynet Cloud Systems (SKKY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/cloud-computing-300x169.jpg" alt="an image of a cloud imprinted on a circuit board lit up by blue circuit lights. AVCT stock. cloud computing stocks"><div>Source: Blackboard / Shutterstock</div></div><p><strong>Skkynet Cloud Systems</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/skky-stock-quote/"><strong>SKKY</strong></a></span>) provides industrial companies with real-time data and cloud solutions. The market for these services is growing strongly due to the AI and machine learning boom. Startups like Skkynet Cloud Systems are well-positioned to benefit from this trend as more companies look to diversify their cloud operations beyond Big Tech providers.</p>



<p>In Q2 of fiscal year 2024, Skkynet&rsquo;s <a href="https://seekingalpha.com/filings/pdf/17621353" target="_blank">revenue increased 28% YOY to $601,806</a>. While still a small company, this growth is encouraging. However, losses did expand.</p>



<p>SKKY ended the quarter with $1.03 million in cash, up from $916,780 in October 2023. Its balance sheet looks clean, with minimal liabilities. Deferred revenue, a key indicator of future growth, stands at $372,451.</p>



<p>While still losing money, I&rsquo;m optimistic about the company&rsquo;s prospects in the fast-growing industrial cloud space. If it can continue scaling rapidly and win new enterprise contracts, we could see this sub-$1 stock deliver explosive returns in the coming years.</p>



<h2>Global Mofy Metaverse (GMM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/metaverse-1600-300x169.png" alt="Illustration of the metaverse. A young boy wearing a VR headset is in the metaverse."><div>Source: PopTika / Shutterstock</div></div><p><strong>Global Mofy Metaverse Limited</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/gmm-stock-quote/"><strong>GMM</strong></a></span>) is a technology solutions company focused on virtual content for the metaverse. While I see immense potential in this burgeoning industry, the metaverse remains a niche market that may be ahead of its time for mainstream adoption.</p>



<p>However, Global Mofy Metaverse&rsquo;s recent moves and financial results suggest it could be a pioneer in this space. The company&rsquo;s <a href="https://www.stocktitan.net/news/GMM/global-mofy-metaverse-launches-69-million-fund-with-strategic-rycf3kvnexo2.html" target="_blank">$69 million fund launch</a> could lead to aggressive growth.</p>



<p>Plus, I&rsquo;m optimistic about the partnership between GMM&rsquo;s subsidiary, Gauss AI, and Heartdub to develop a generative video AI platform, which could lead to something meaningful. Global Mofy Metaverse&rsquo;s record fiscal 2023 revenue of $26.9 million is pretty solid for a penny stock.</p>



<p>Regardless, the price is below <strong>Nasdaq&rsquo;s</strong> $1 minimum, so keep an eye out for a reverse split.</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.</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>
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<p>The post <a href="https://investorplace.com/2024/07/7-sub-1-penny-stocks-with-10000-upside-potential/">7 Sub-$1 Penny Stocks With 10,000% Upside Potential</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Sub-$1 Penny Stocks With 10,000% Upside Potential

MLBEF

MRDB

NKLA

NMYSF

ONEI

SKKY

WFSTF

ZMDTF

NamSys

AAGC

AAGIY

AAWC

ABCE

ABNAF

ABVC

ACAM

ACCA

ACCR

ACMC

ACRFF

AERG

AERO

AFPW

AGFAF

AGHI

AGLDF

AHELF

AINSF

AIRT

ALAN

ALPE

ALPP

ALST

AMBS

AMHPF

AMMX

AMPG

ANTH

ANXGF

APAFF

APHD

APNHY

ARAFF

AREB

ARRRF

ARYC

ARZTY

ASNT

ATDS

ATHOF

AUOTY

AVBH

Stocks That Hit 52-Week Lows On Tuesday

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NamSys

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Tuesday, March 24, 2020

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