Track market-moving stories before they get noisy

AMD just announced a workstation that could pull sensitive AI workloads out of the cloud entirely, and the buyers it has in mind reveal exactly who stands to lose the most.

AMD is talking up a new workstation-class system built around data-center-grade accelerators, pitched as capable of running very large AI models on a desk rather than in a hyperscaler cloud. Secondary coverage has run with a “trillion parameter” framing, but that specific claim is not confirmed in AMD’s primary communications, and pricing has not been publicly verified either.

On the August 4, 2026 earnings call, CEO Lisa Su said the next-generation Ryzen AI Halo platform, powered by the new Gorgon Halo processor, features 192 gigabytes of unified memory and can run models with up to 300 billion parameters. That extends the earlier Ryzen AI Max+ and Ryzen AI Halo developer platform, previously scoped for models up to 200 billion parameters locally.

Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) closed Friday, September 4, 2026 at $477.57, up 4.69% in that session. US markets were shut Monday for Labor Day, so the first full trading response is still ahead. The stock is already up 123% year to date and 195.18% over one year, so a lot of AI optimism is already priced in.

What Investors Should Do About It The real story is compute moving on-premise for buyers who will not send sensitive workloads to a cloud: defense contractors, hospitals, banks, and sovereign research labs where latency, cost, and data privacy outweigh cloud convenience. Treat it as a strategic signal for AMD’s client roadmap; the near-term revenue impact looks immaterial next to the data-center business. AMD posted Data Center revenue of $6.72 billion in Q2, 58% of total revenue and up 107% year over year, with Q3 guidance of roughly $13 billion, up about 41%. That is where the AI money is actually being made.

All of that data-center buildout still has to be powered, cooled, and networked by someone other than the chipmaker itself, which is the angle we took in a free report on seven suppliers riding the same wave: 7 Stocks Powering the AI Boom (That Aren’t Chipmakers).

Contact [email protected] for any questions or corrections.

Chris Lange

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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AMD just posted its biggest AI revenue surge in years and already has a massive GPU deal with OpenAI, yet the stock has been sliding for a month. The path to $700 exists, but it depends on three very specific…

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AMD (NASDAQ:AMD | AMD Price Prediction) has done something almost no one on Wall Street expected two years ago. It has turned into a credible second source for the AI compute buildout, with Data Center revenue up 107% year-over-year and a 6GW GPU deal with OpenAI on the books.

Shares are already up 113.42% year to date. So the question I keep getting is simple. Can this run keep going, and specifically, can AMD hit $700 in 2027?

Why AMD Shares Have Stalled Since August Here is the read. AMD is down 4.96% over the past week and 5.69% over the past month, even after a blowout Q2. Some of that is profit taking after a 181.58% one-year gain. Some of it is valuation anxiety. And some of it is the Gaming segment, which declined 31% year over year to $779 million and continues to weigh on the story.

With a beta of 2.489, this stock moves violently in both directions. Add in export controls on AI accelerators, memory supply constraints, and tariff risk, and it is not surprising that shares needed to digest after doubling. The thesis remains intact; the market simply wants proof.

Wall Street Sees 34% Upside. Our Model Sees More The Street is unusually aligned here. Five strong buys, 36 buys, 10 holds, zero sells, and an average target of $613.84. That is 80% bullish coverage. Our own model lands at a base case of $622.36, an optimistic case of $645.23, and a bear case of $475.94, with high confidence.

I think the consensus is still slightly behind the earnings curve. The FY27 EPS estimate has climbed from $12.959 ninety days ago to $15.450 today, with 33 upward revisions in the last 30 days and only two down. That is the kind of revision pattern that precedes target hikes, not target cuts.

Path to $700 Per Share Now the math. Reaching $700 from today’s price of $458.08 would require a gain of 52.8%. With forward EPS of $8.64, a price of $700 implies a forward P/E of 81x.

Our base case of $622.36 already implies 79x, meaning the bold target requires only 1.6x of additional multiple expansion on top of the base case. That is achievable if FY27 estimates keep grinding higher, which they are.

Add specific catalysts: the Anthropic partnership for up to 2GW of MI450 deployments in Helios racks, Microsoft Azure Helios racks, and the Oracle 50,000-GPU Helios supercluster.

CEO Lisa Su put it plainly on the Q2 call: “We now expect revenue to grow substantially above our prior target of greater than 35%, and we expect to significantly exceed our $20 annual EPS target within our strategic timeframe.”

The primary risk is Helios execution, since management itself flagged yield improvements over the first few quarters of the ramp.

Where AMD Trades Today vs Its Earnings Power At $458.08 against forward EPS of $8.64, AMD trades at roughly 53x forward earnings. That is not cheap. It is also not absurd for a company that just posted 50% revenue growth and 82% comparable EPS growth.

Shares sit between the 52-week high of $584.73 and low of $149.22, closer to the high. Zoom out and the 10-year return is 5,986.02%. If FY27 EPS lands near the current consensus, the current multiple compresses meaningfully into next year, and $700 stops requiring heroics.

Is $700 Realistic? My Verdict Reaching $700 in 2027 requires a 52.8% gain from here. Is it a stretch? Yes. Is it a long shot? No.

Three things need to go right. Helios has to ramp cleanly through Q4 and Q1. FY27 EPS estimates need to keep drifting toward the high end near $19.96. And the Data Center segment needs to more than double year over year in 2027 as management guided.

A serious slip in Instinct execution or an export-control expansion would derail it. Returns at this level shouldn’t be expected every year, but we’ve outlined the blueprint for how AMD could reach $700 in 2027.

Contact [email protected] for any questions or corrections.

Advanced Micro Devices, Inc. (AMD) Presents at Citi's 2026 Global TMT Conference Transcript

Nokia stock sits 42% below its summer peak, but the China retreat reports blamed for the slide arrived months after the selloff began. The real question is whether the rally that preceded it was ever built on something real.

Nokia (NYSE:NOK | NOK Price Prediction) closed most recently at $10.03, down 42.5% from its 52-week high of $17.45. Yet over the trailing month, the stock is actually up 7.2%, and it rose 2.7% in last Friday’s session. The China-exit reports that hit in mid-August did not cause the summer drawdown. The real question is whether the spring rally was ever earned.

Nokia is up 54.1% year to date, up 120.4% over one year, and 67.7% higher over five years. This is a stock that ran hard and gave part of it back. The bulk of that decline happened between late May and early August, before any China site-closure reporting.

Case That the Rally Was Earned Q2 2026 revenue of $5.49 billion (€4.8 billion) beat estimates by 13.8%, with EPS of $0.08 (€0.07). That is three consecutive quarters of beats after Q2 2025 missed EPS by 38.2% and forced a guidance cut. AI & Cloud customer revenue more than doubled to $508.96 million (€446 million), and Q2 order intake reached €2.8 billion. The Infinera acquisition built the optical transport franchise (the long-haul fiber gear that moves data between and inside data centers), and Nokia has an agreement to acquire NXP’s Chandler, Arizona, campus for indium phosphide production. Patent licensing (Technology Standards at €407 million, up 14%) throws off cash regardless of equipment cycles.

Case That the Rally Was a Story The Nvidia strategic investment and AI-RAN partnership (adding GPU acceleration to radio access networks) drove the re-rating, and it came with new share issuance that diluted existing holders. Retail piled in: Reddit sentiment hit “very bullish” around the May 29 peak on posts calling Nokia “the backbone of AI infrastructure.” A partnership with Anduril reported by The Motley Fool on May 13, 2026, added fuel. Partnerships lack the recurring revenue that would justify a re-rating.

What the China Exit Actually Means The South China Morning Post reported on August 18, 2026, that Nokia plans to close almost all mainland China sites by year end. Fierce Network on August 19 framed the retreat as a bigger bet on AI and optical networks, while Light Reading warned the same day about thousands of China jobs shed at likely 6G cost. Fierce Network noted on August 28 that Nokia defended Bell Labs after a former chief blasted cuts. Nokia reports in euros while a majority of its sales are dollar-denominated, which is why this Helsinki-headquartered stock can move on FX swings alone.

What Must Go Right for Shares to Reclaim the Peak Network Infrastructure must keep compounding on AI and cloud customers rather than relying on telecom capex. AI-RAN pilots (10 public customers, commercial in 2027, volume in 2028) must convert. The departure from China needs to show up in group margin. Optical pricing must hold. A stalled Network Infrastructure quarter, or slipping Nvidia milestones, undermines the bull case.

Verdict Nokia’s operating turn is genuine. The spring valuation priced a story the fundamentals had not yet delivered. The current level looks more defensible than the share price of $17.45 did.

Contact [email protected] for any questions or corrections.

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Alibaba Group Holding Limited (“Alibaba” or the “Company”) (NYSE: BABA) of the October 5, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.

Should You Join The Alibaba Class Action Lawsuit:

Do you, or did you, own shares of Alibaba Holding Limited (NYSE: BABA)?
Did you purchase your shares between June 26, 2025 and June 24, 2026, inclusive?
Did you lose money in your investment in Alibaba Holding Limited?
What To Do Next:

Investors are encouraged to act promptly and submit a form at Alibaba Group Holding Limited Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].

If you wish to serve as lead plaintiff for the Class, you must file papers by October 5, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About The Lawsuit:

A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of Alibaba between June 26, 2025 and June 24, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.

The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Alibaba securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.

About Bernstein Liebhard:

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.

ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
[email protected]

, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Alibaba Group Holding Limited (NYSE: BABA) publicly traded securities between June 26, 2025 and June 24, 2026, both dates inclusive (the "Class Period"), have until Monday, October 5, 2026 to seek appointment as lead plaintiff of the Alibaba class action lawsuit.  Captioned Wistisen v. Alibaba Group Holding Limited, No. 26-cv-06654 (S.D.N.Y.), the Alibaba class action lawsuit charges Alibaba as well as Alibaba's Chief Executive Officer with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Alibaba class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-alibaba-group-holding-limited-class-action-lawsuit-baba.html 

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Alibaba, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses.

The Alibaba class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i)  under the National Defense Authorization Act, any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology were considered a Chinese military company; (ii) Alibaba was directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology; (iii) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (iv) as a result, defendants' public statements about Alibaba's business, operations, and prospects were materially false and/or misleading at all relevant times.

On June 8, 2026, after market hours, the U.S. Department of Defense allegedly released an updated list identifying Chinese military companies that included Alibaba due to its direct or indirect control by or affiliation with the Chinese Ministry of Industry and Information Technology.  On this news, the price of Alibaba's American Depositary Shares ("ADSs") declined nearly 4%, according to the complaint.

On June 24, 2026, shortly before the markets closed, Bloomberg published an article titled "Anthropic Accuses Alibaba of 'Illicitly' Accessing AI Models."  According to the complaint, the article stated in part that "Anthropic said that a campaign by operators linked to Alibaba's Qwen AI lab targeted Claude's most prized capabilities, including software engineering and agentic reasoning, according to a letter that the AI startup sent to several US senators and White House officials."  The article allegedly also added that "Anthropic warned that Alibaba and other Chinese labs are making systematic and unauthorized use of results from leading US models to develop a rival generation of chatbots at a fraction of the cost via a practice known as adversarial distillation."  On this news, the price of Alibaba's ADSs fell 2.7% on June 24, 2026, and 4.7% further on June 25, 2026, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Alibaba publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Alibaba class action lawsuit.  A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the Alibaba class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the Alibaba class action lawsuit.  An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Alibaba class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation.  Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025.  This marks our fourth #1 ranking in the past five years.  And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 

Services may be performed by attorneys in any of our offices. 

Contact:

          Robbins Geller Rudman & Dowd LLP

          Ken Dolitsky

          Michael Albert

          655 W. Broadway, Suite 1900, San Diego, CA 92101

          800/851-7783

          [email protected] 

SOURCE Robbins Geller Rudman & Dowd LLP

New York, New York--(Newsfile Corp. - September 8, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Alibaba Group Holding Limited ("Alibaba" or the "Company") (NYSE: BABA) on behalf of investors that purchased or otherwise acquired Alibaba securities between June 26, 2025 and June 24, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Alibaba and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than October 5, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On June 8, 2026, after market hours, the complaint alleges that the U.S. Department of Defense released an updated list identifying Chinese military companies, and that Alibaba was included in the list due to its direct or indirect control by or affiliation with the Chinese Ministry of Industry and Information Technology (MIIT).

Then, on June 24, 2026, the complaint alleges Bloomberg published an article titled "Anthropic Accuses Alibaba of 'Illicitly' Accessing AI Models." According to the complaint, the article states, in pertinent part, that "Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to "illicitly" access its Claude artificial intelligence model using thousands of fraudulent accounts that undermine the US AI developer's decision to keep its products out of China." On this news, Alibaba shares fell $7.53 per share, or 7.4% over two trading days to close at $95.07 per share on June 25, 2026.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/alibaba-group-holding-limited-investor-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313427

Source: Kaplan Fox & Kilsheimer LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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San Francisco, California--(Newsfile Corp. - September 8, 2026) - Hagens Berman Sobol Shapiro LLP urges Alibaba Group Holding Limited (NYSE: BABA) investors who suffered substantial losses submit their losses now.

A securities fraud class action lawsuit has been filed against Alibaba, and investors are encouraged to contact the firm regarding potential recoveries and lead plaintiff rights. The case, captioned Wistisen v. Alibaba Group Holding Limited, et al., No. 1:26-cv-06654 (S.D.N.Y.), accuses Alibaba and certain of its executive officers of violating the Securities Exchange Act of 1934.

View our latest video summary of the allegations:

Cannot view this video? Visit:
https://www.youtube.com/watch?v=Mt00-HjZs8U

Class Period: June 26, 2025 - June 24, 2026
Lead Plaintiff Deadline: Oct. 5, 2026
Visit: www.hbsslaw.com/baba
Contact the Firm Now: [email protected]
844-916-0895

Core Allegations

The lawsuit alleges that Alibaba and certain executives misrepresented and failed to disclose adverse facts pertaining to the Company's business which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:

Under the National Defense Authorization Act (NDAA), any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology (MIIT) were considered a Chinese military company; Alibaba was directly or indirectly controlled by or affiliated with the MIIT; The risk of Alibaba carrying out distillation attacks against third- party AI models was not a mere hypothetical or inadvertent, but ongoing; and As a result, Defendants' public statements about Alibaba's business, operations, and prospects were materially false and/or misleading at all relevant times.The Truth Emerges

The truth regarding Alibaba's regulatory exposure and illicit business practices was revealed through a series of partial corrective disclosures:

June 8, 2026: The U.S. Department of Defense added Alibaba to its list of Chinese military companies under the NDAA due to its ties to the MIIT. On this news, Alibaba ADSs fell $4.69 per share, or 3.9%, over two trading sessions.June 24, 2026: Bloomberg reported that Anthropic alerted U.S. officials that Alibaba fraudulently accessed Anthropic's Claude AI models via thousands of fake accounts to execute unauthorized "distillation" attacks to train its own models. On this news, Alibaba ADSs fell $4.73 per share, or 4.7%, to close at $95.07 on June 25, 2026.The complaint alleges that as a result of Defendants' misleading statements and omissions, investors suffered substantial losses when the artificial inflation was removed from the stock.

Hagens Berman's Investigation

"We are investigating whether Alibaba executives intentionally concealed the company's regulatory ties and engaged in fraudulent operational practices to mislead the market about its true risk profile and competitive position," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the alleged claims in the pending suit.

What Affected BABA Investors Should Do

If you purchased or acquired Alibaba securities between June 26, 2025, and June 24, 2026, and suffered significant financial losses, you have until October 5, 2026, to ask the court to appoint you as lead plaintiff. You do not need to seek lead plaintiff status to share in any potential recovery.

To learn more about your legal options, submit your information to Hagens Berman, visit www.hbsslaw.com/baba, call Reed Kathrein at 844-916-0895, or email [email protected].

Whistleblowers: Persons with non-public information regarding Alibaba should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

# # #

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313510

Source: Hagens Berman Sobol Shapiro LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Archer Aviation (ACHR +2.10%) is a pioneering player in the electric vertical take-off and landing (eVTOL) aircraft space. The company is betting that it can scale eVTOL sales and services into a substantially profitable business over the long term, but it still has a lot of work to do before its operations are set up to generate reliable earnings. One piece of good news is that the company doesn't have to rely entirely on growing organically in order to achieve its goals.

Last month, Archer announced that it had entered into a deal to acquire Boeing's Wisk Aero, Insitu, and SkyGrid subsidiaries. The move immediately spurred a substantial jump for Archer's share price, but what will it mean for the company and its shareholders over the long term?

Image source: Archer Aviation.

Archer's latest acquisition push looks encouraging Of the three units Archer acquired from Boeing, Wisk is the most clearly specialized in eVTOL aircraft. In the press release announcing the acquisitions, Archer describes Wisk as "the only company that has designed, built, and flown six generations of eVTOL aircraft, amassing 1,700+ flight tests." Meanwhile, SkyGrid is touted in the press release for its air-traffic management solution and its foundational potential for the future of automated airspace, and Insitu's pioneering role in the design and manufacturing of uncrewed aircraft systems (UAS) is touted.

Archer is acquiring these units from Boeing in an all-stock deal. With the completion of the purchases, Boeing will receive newly created Archer stock that will give it a 16.5% stake in the company. In addition, Boeing will receive warrants that grant it the right to purchase up to $200 million in additional stock. With the Archer issuing so much new stock in order to fund the acquisitions, that means that there will be a substantially dilutive impact for current shareholders. On the other hand, it could wind up being well worth it.

While heavy dilution means that shareholders will see the percentage-based size of their stake in Archer reduced, having Boeing as a large stakeholder and active partner comes with a wide range of potential benefits. As part of the deal, the two companies will enter into a technology-sharing agreement. Boeing will also retain access to Wisk's autonomous flight software for defense and commercial projects, which has positive aspects for Archer because it should support the continued integration and evolution of the tech.

Archer is rapidly diversifying Since going public in 2021 through a merger with a special purpose acquisition company (SPAC), Archer's growth story has primarily centered around the development, testing phases, and timeline for the commercial debut of its Midnight eVTOL aircraft. While Midnight is still important for Archer, the story surrounding the company and its stock has been changing rapidly through partnerships and acquisition moves.

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As noted by Archer CEO Adam Goldstein in the press release announcing the purchases from Boeing, the acquisitions are "the next big step forward in becoming a diversified platform, rapidly growing our revenue base, and bringing scale" to the business. Insitu alone is generating over $200 million in annual revenue, operating in 35 different countries, and generating profits. With the acquisition of the business, Archer's sales profile will immediately get a substantial boost -- and its margin profile should see meaningful improvement.

The partnership with Boeing and integration of Insitu, SkyGrid, and Wisk should provide valuable infrastructure that has complementary impacts across the company's business. In addition to presenting growth opportunities in their own right and supporting the evolution of the Midnight eVTOL project, the units that will be integrated into Archer will likely also help support the hybrid VTOL Halo and Thunder crafts that it developed in conjunction with Anduril and its ZEE aviation AI software model. 

Along with expanding its manufacturing partnership with Stellantis, Archer's diversification moves are better positioning the company for long-term viability. The company's chances of achieving profitability solely on the back of its Midnight eVTOL while having to handle scaling manufacturing to the point of even achieving positive gross margins always looked like a long shot, and relying more on partnerships and other avenues to growth in the aviation space is a smart move. Archer stock is still a high-risk play, but its bets on autonomous aerial technologies could pay off over the long term even if ramping for the commercial eVTOL market proceeds at a relatively slow pace.

Brown Lisle Cummings Inc. raised its stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 800.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,889 shares of the footwear maker’s stock after purchasing an additional 18,568 shares during the quarter. Brown Lisle Cummings Inc.’s holdings in NIKE were worth $858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Main Street Financial Solutions LLC increased its position in shares of NIKE by 4.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after buying an additional 139 shares in the last quarter. ANB Bank lifted its position in shares of NIKE by 0.7% during the 4th quarter. ANB Bank now owns 25,451 shares of the footwear maker’s stock valued at $1,621,000 after buying an additional 165 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of NIKE by 4.4% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,970 shares of the footwear maker’s stock valued at $253,000 after buying an additional 169 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its stake in NIKE by 14.1% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,416 shares of the footwear maker’s stock valued at $90,000 after acquiring an additional 175 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC grew its stake in NIKE by 0.8% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 23,293 shares of the footwear maker’s stock valued at $1,624,000 after acquiring an additional 181 shares during the period. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE Price Performance NIKE stock opened at $38.39 on Tuesday. NIKE, Inc. has a 12-month low of $37.95 and a 12-month high of $76.97. The stock has a market cap of $56.95 billion, a P/E ratio of 18.37, a PEG ratio of 1.88 and a beta of 1.10. The company has a 50-day moving average price of $41.52 and a 200 day moving average price of $45.98. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40.

NIKE (NYSE:NKE – Get Free Report) last posted its earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.09. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The company had revenue of $10.97 billion for the quarter, compared to analyst estimates of $10.85 billion. During the same period in the previous year, the business posted $0.14 EPS. NIKE’s revenue was down 1.1% on a year-over-year basis. Sell-side analysts anticipate that NIKE, Inc. will post 1.74 earnings per share for the current year. NIKE Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 4.3%. The ex-dividend date is Tuesday, September 1st. NIKE’s dividend payout ratio is presently 78.47%.

Wall Street Analyst Weigh In Several brokerages recently commented on NKE. Stifel Nicolaus set a $45.00 price target on shares of NIKE and gave the stock a “hold” rating in a report on Wednesday, July 1st. Wall Street Zen raised shares of NIKE from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Evercore set a $46.00 price objective on NIKE and gave the stock an “in-line” rating in a research note on Tuesday, June 23rd. Citigroup reissued a “neutral” rating on shares of NIKE in a report on Wednesday, July 22nd. Finally, BNP Paribas Exane reiterated an “underperform” rating on shares of NIKE in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, NIKE currently has a consensus rating of “Hold” and an average price target of $52.94.

View Our Latest Research Report on NIKE

Insiders Place Their Bets In other NIKE news, EVP Philip McCartney sold 17,398 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $46.18, for a total transaction of $803,439.64. Following the completion of the sale, the executive vice president owned 53,133 shares of the company’s stock, valued at $2,453,681.94. This trade represents a 24.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Amy Montagne sold 4,867 shares of NIKE stock in a transaction on Friday, August 7th. The shares were sold at an average price of $42.05, for a total value of $204,657.35. Following the completion of the sale, the insider owned 57,436 shares in the company, valued at $2,415,183.80. This represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 26,142 shares of company stock valued at $1,169,380. 1.10% of the stock is currently owned by insiders.

Key Stories Impacting NIKE Here are the key news stories impacting NIKE this week:

Positive Sentiment: Some early signs of recovery are emerging in China, particularly in running, football and premium retail. However, the improvement remains preliminary and is offset by significant sales declines and ongoing inventory cleanup. NIKE’s China Business: Recovery Story or Ongoing Challenge? Positive Sentiment: Insider activity is mixed but includes purchases by CEO Elliott Hill and other directors and executives, which may indicate confidence that the depressed valuation offers long-term value. The median analyst price target of $47.50 also remains above recent trading levels, although estimates vary widely. Nike Stock Opinions on Earnings Miss and S&P 100 Removal Neutral Sentiment: Analysts and investors appear cautious, viewing the recovery as a multi-year effort requiring better product execution, stronger digital sales and improved regional performance. Nike’s dividend continues to attract some longer-term investors, but it has not overcome concerns about earnings quality and cash-flow deterioration. Negative Sentiment: S&P Dow Jones Indices will remove Nike from the S&P 100 effective September 21, ending an approximately 18-year membership. The change reflects the company’s sharp decline in market value and could reduce its visibility among index-tracking investors. Nike to lose S&P 100 place as stock sinks to 12-year low Negative Sentiment: Recent commentary highlights earnings concerns, elevated prices for basic apparel, weakness in China and digital sales, and intensifying competition from brands and retailers such as Lululemon and Dick’s Sporting Goods. These issues reinforce fears that the turnaround will take several years. Nike Has Tumbled in 2026: Is It Time to Switch? NIKE Profile (Free Report)

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).

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NIKE hits a 52-week low as Sportswear weakness, China and EMEA pressure persist, while Running growth and new products support longer-term prospects.

Nike (NKE.N) shareholders have rejected a proposal urging more transparency on its climate goals, including disclosing ​details on how the sportswear maker intends to reach emissions-reduction targets, the company said on Tuesday.

The ‌shareholder resolution resurfaced questions about the extent to which Nike, which for decades has positioned itself as a climate leader, is prioritizing its environmental targets as it faces financial strain, U.S. political pressure and global regulatory scrutiny of misleading environmental claims.

Oregon-based Nike ​said in 2019 it aims to reduce its carbon emissions by 65% across its own operations ​and by 30% across its supply chain by 2030. In a fiscal 2024 update, it ⁠said its supply chain emissions had fallen 11% from a 2015 baseline.

The company, which has a market ​capitalization of about $56 billion, did not release shareholder vote tallies.

Norway's wealth fund, Nike's 11th-biggest shareholder according to LSEG ​data, this week said it would back the push for more transparency.

"It's not that we think Nike is completely dropping the ball here. It's more that we want to know what's really going on," said Giovanna Eichner, shareholder advocate at Green Century ​Capital Management, which introduced the climate proposal. "It's unclear if there's that same level of commitment toward achieving the goals."

Nike's ​impact report in 2024 detailed its efforts to use recyclable polyester and rubber and help factories in its supply chain ‌source renewable ⁠energy. Last year, details about those climate initiatives were replaced by a list of data points on emissions and waste.

Nike's board urged shareholders to vote against the proposal, arguing in a filing that the company remains committed to reducing greenhouse gas emissions and management is "best positioned to determine the targets and related disclosures that are ​appropriate."

The athletic footwear maker is ​grappling with slumping sales, eroded ⁠market share and a push by CEO Elliott Hill to reinvigorate product innovation nearly two years into his tenure. Shares have fallen about 40% so far this ​year.

EXECUTIVE COMPENSATION APPROVED
Shareholders on Tuesday ultimately supported the company's contested proposal to approve ​executive compensation. Hill's ⁠total compensation was more than $36 million for fiscal 2026.

Norway's wealth fund had said it would vote against executives' compensation, arguing that Nike's board "should ensure that all benefits have a clear business rationale." Proxy advisers Glass Lewis and Institutional Shareholder Services ⁠had recommended ​voting against the compensation packages.

A proposal from a group of conservative ​investors urging Nike to exclude gender-transition surgery for minors in employee health plans also failed to pass. The resolution, part of a ​broader campaign against employers, added to scrutiny of Nike over its diversity policies.

China’s Athleisure Boom Is Not Lifting Every Brand EquallyNIKE NYSE: NKE used its 46th annual shareholder meeting to outline progress in its business reset, emphasizing a sport-focused operating model, growth in performance categories and efforts to improve its marketplace execution.

Executive Chairman Mark Parker said shareholders voted on six proposals, including director elections, executive compensation, auditor ratification, an amended employee stock purchase plan and two shareholder proposals. The company later reported that all 11 director nominees were elected, PricewaterhouseCoopers was ratified as the independent auditor for the current fiscal year, and the amended and restated employee stock purchase plan was approved. The shareholder proposals concerning charitable-support discrimination and environmental targets were not approved.

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Nike Q4 Beat Masks Core Weakness as Analysts Cut Price TargetsParker also thanked departing director John Rogers for eight years of service, adding that Rogers will remain an adviser to the company.

Leadership and operating-model changes President and CEO Elliott Hill said NIKE has spent fiscal 2026 strengthening the business foundation through its “Win Now” strategy and its new “Sport Offense” operating model. The company shifted roughly 8,000 employees into vertical sport teams, a move Hill said is intended to connect athlete insights more closely with product development, marketing, marketplace execution and operations.

3 Dividend Stocks With Insiders Buying in 2026“When we focus on sport, we win,” Hill said, describing the model as a way to create more distinct products and move more quickly across sports categories.

NIKE also introduced Dave Denton, who had joined the company a few weeks earlier as chief financial officer. Denton said his initial meetings across the company highlighted employees’ focus on athletes, innovation and the global reach of the NIKE, Jordan and Converse brands.

Performance growth and marketplace efforts Hill said NIKE’s performance business grew by mid-single digits during fiscal 2026, while NIKE Running grew at a double-digit rate. He pointed to running as an early example of the Sport Offense model at work, saying the business produced five consecutive quarters of double-digit currency-neutral growth by the end of fiscal 2026 and added roughly $1 billion in revenue over that period.

According to Hill, NIKE gained five points of running market share in statement footwear across Western Europe and North America, more than any other top-five brand in those markets.

Global football also showed momentum, he said. By the first week of the World Cup, NIKE’s “Rip the Script” campaign had received 1.5 billion views, while the Mercurial became NIKE Direct’s fastest-selling 24-hour cleated-footwear launch.

Wholesale revenue rose 4% for the fiscal year, led by double-digit growth in North America, Hill said. The company refreshed more than 15,000 spaces at wholesale doors worldwide and updated more than 150 NIKE Direct stores with sport-led experiences.

Hill said overall results remain below the company’s objectives. NIKE Sportswear and Jordan Streetwear remain challenged, while Greater China and Converse are undergoing resets. The company reduced classic footwear franchises by more than $2 billion in fiscal 2026, tightened product buys and is seeking to reposition its sportswear offerings around community, innovation and sport.

China, capital allocation and innovation Addressing shareholder questions, Hill said NIKE remains committed to the Chinese consumer and is working to regain market share through sport. The company is cleaning up the Greater China marketplace, improving digital and physical storefronts, and empowering local teams to develop more locally created products and consumer storytelling, he said.

Denton said NIKE’s capital-allocation priorities include continued investment in the brand, athlete service, innovation and long-term growth while preserving financial flexibility. He said the company returned approximately $2.4 billion to shareholders through dividends last year.

Hill said NIKE remains confident in its innovation pipeline, citing NIKE Mind, AeroFit, ongoing development of NIKE Air and an upcoming ACG outdoor-running platform called Radical Air. He said future innovation will be more explicitly sport-led rather than developed simply for novelty.

NIKE plans to provide additional details about its strategy and next phase of growth at its Investor Day on Nov. 16 and 17.

Shareholder proposals rejected Shareholders rejected a proposal requesting a report on discrimination in charitable support. Inspire Investing Portfolio Manager and Director of Corporate Engagement Tim Schwarzenberger presented the proposal, which focused on NIKE’s partnerships and practices related to gender ideology and transgender medical interventions for minors. The board had recommended a vote against the proposal.

Shareholders also rejected a Green Century Capital Management proposal seeking a report on how NIKE intends to meet its existing science-based emissions-reduction targets. Green Century Shareholder Advocate Giovanna Eichner argued that greater disclosure was needed regarding supply-chain emissions, climate initiatives and progress toward the company’s 2030 targets. NIKE’s board also recommended a vote against that proposal.

About NIKE (NYSE:NKE)Nike, Inc NYSE: NKE is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in NIKE Right Now?Before you consider NIKE, you'll want to hear this.

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Shares of Canopy Growth Corporation (NASDAQ:CGC – Get Free Report) have been assigned a consensus rating of “Hold” from the five ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company.

A number of brokerages recently commented on CGC. Wall Street Zen lowered shares of Canopy Growth from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings raised shares of Canopy Growth from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 26th.

Read Our Latest Research Report on CGC

Insider Transactions at Canopy Growth In related news, insider Christelle Gedeon sold 58,994 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $0.97, for a total transaction of $57,224.18. Following the completion of the transaction, the insider directly owned 705,506 shares in the company, valued at approximately $684,340.82. This trade represents a 7.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Luc Mongeau sold 135,231 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $0.97, for a total value of $131,174.07. Following the transaction, the chief executive officer owned 1,723,913 shares of the company’s stock, valued at approximately $1,672,195.61. The trade was a 7.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 240,533 shares of company stock worth $240,032. Corporate insiders own 0.35% of the company’s stock. Institutional Investors Weigh In On Canopy Growth Institutional investors have recently bought and sold shares of the company. Two Sigma Securities LLC boosted its position in Canopy Growth by 4.4% during the 2nd quarter. Two Sigma Securities LLC now owns 280,852 shares of the company’s stock worth $343,000 after acquiring an additional 11,942 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Canopy Growth by 23.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 73,739 shares of the company’s stock worth $84,000 after purchasing an additional 13,814 shares in the last quarter. Boothbay Fund Management LLC bought a new stake in shares of Canopy Growth in the second quarter worth $30,000. Mackenzie Financial Corp boosted its holdings in Canopy Growth by 33.1% during the third quarter. Mackenzie Financial Corp now owns 111,945 shares of the company’s stock worth $163,000 after purchasing an additional 27,823 shares during the last quarter. Finally, PCG Wealth Advisors LLC acquired a new position in Canopy Growth during the fourth quarter worth $32,000. Institutional investors own 3.33% of the company’s stock.

Canopy Growth Stock Down 0.7% Shares of Canopy Growth stock opened at $0.97 on Friday. The company has a market capitalization of $433.80 million, a P/E ratio of -2.15 and a beta of 0.83. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.04 and a quick ratio of 2.39. The business has a 50-day moving average of $0.97 and a two-hundred day moving average of $1.02. Canopy Growth has a 1 year low of $0.84 and a 1 year high of $2.38.

Canopy Growth (NASDAQ:CGC – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.02. The business had revenue of $142.62 million for the quarter, compared to analysts’ expectations of $58.21 million. Canopy Growth had a negative return on equity of 21.91% and a negative net margin of 65.33%. As a group, equities analysts predict that Canopy Growth will post -0.1 EPS for the current year.

About Canopy Growth (Get Free Report)

Canopy Growth Corporation is a leading Canadian cannabis company engaged in the production, distribution and sale of both medical and recreational cannabis products. Headquartered in Smiths Falls, Ontario, the company cultivates a diversified portfolio of offerings that includes dried flower, pre-rolled joints, oils, softgel capsules and edibles. Canopy Growth also markets derivative products such as beverages and wellness formulations under a range of brands, aiming to serve both patient and adult-use markets.

The company operates through multiple subsidiaries, including Tweed Inc, Spectrum Therapeutics and Tokyo Smoke, each targeting distinct consumer segments.

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Nvidia Corporation is upgraded to Buy, with a $300 fair value, as Q2 results and guidance confirm a multi-year, supply-constrained AI platform buildout. NVDA's Q2 revenue hit $96.2B, data center $89B, and free cash flow $21.3B; management guides for ~70% fiscal 2028 revenue growth, still supply-limited. The AI landscape is converging on NVDA's platform, with hyperscaler CapEx/backlog, neocloud scaling, and memory scarcity reinforcing platform durability and pricing power.

Nvidia (NASDAQ: NVDA) remains one of Wall Street's favorite AI trades, and a fresh analyst update suggests at least one firm believes the rally still has room to run.

Nvidia Corporation delivered a strong Q2 FY27, with 106% y/y revenue growth and broadening demand beyond hyperscalers, reducing concentration risk. Management's supply-constrained FY28 outlook—guiding to ~70% revenue growth—provides exceptional near-term earnings visibility for a $5T+ company. NVDA's dual role as AI arms dealer and banker introduces credit and reflexivity risks, but these are manageable and factored into the bear case.

Nvidia just posted the largest quarter in semiconductor history, yet the stock trades like Wall Street is only half-convinced. A credible case exists for 160% gains by 2030, but it hinges on three specific things going right.

NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) just posted the largest quarter in semiconductor history, and the stock still trades like the market is only half-convinced. Data Center revenue hit $89.02 billion, up 117% year over year, and CEO Jensen Huang told investors “AI is now doing productive and useful work” that generates profitable tokens.

Shares are up 24.08% year to date, respectable but hardly euphoric. So here is the question I want to answer: can NVIDIA reach $600 per share by 2030?

What Is Holding NVIDIA Back Right Now NVIDIA is performing well. Shares are up 6.24% over the past week and 5.43% over the past month. The issue is that the stock has been chopping in a range for most of 2026 while the fundamentals accelerated past almost every reasonable model.

Two overhangs explain it. First, China Data Center compute revenue is guided at zero for Q3, and management stated bluntly that “there is no China data center compute revenue in our forward outlook.”

Second, memory pricing has spiked, and Huang warned the increases “have exceeded our prior expectations and are headed even higher into next year.”

With a beta of 2.217, NVDA amplifies every macro wobble. That is why a company growing revenue at triple digits still trades at a forward multiple in the low 20s.

Wall Street Sees 42% Upside. Our Model Sees Something Bigger The consensus is loud. Of the 60 analysts covering NVDA, 9 rate it strong buy, 48 buy, 2 hold, and 1 sell, with an analyst target price of $327.13. That implies roughly 42% upside from here.

Our 24/7 Wall St. model is more constructive still, targeting a base-case price of $309.81 in a year with a confidence score of 0.9 and a bull case of $354.73.

Here is where I push back. Consensus is anchored to fiscal 2027. It is not fully pricing the fiscal 2028 EPS estimate, which has jumped from $12.63 to $15.46 in just 90 days on 39 upward revisions. Analysts are catching up, not leading.

Path to $600 Per Share by 2030 Reaching $600 from today’s price of $230.36 would require a gain of 160.5%. With forward EPS of $10.05, a price of $600 implies a forward P/E of 60x on today’s earnings power. Our base case of $309.81 already implies 33x, meaning the bold target requires 27x of additional multiple expansion on current forward EPS.

Here is the compression story that makes it work: if fiscal 2028 EPS lands at consensus $15.46 and the company grows revenue approximately 70% in fiscal 2028 as guided, EPS by fiscal 2031 could clear $25. At that level, $600 is a 24x multiple.

Catalysts to get there are already in motion: Vera Rubin generating $40 billion per gigawatt versus Blackwell’s $25 billion, top-five hyperscaler capex projected at $1.3 trillion in 2027, and cloud industry backlog now above $2 trillion.

Not all of that trillion-dollar buildout accrues to NVIDIA; the power, cooling, and networking suppliers behind the data centers ride the same wave, and we profiled seven of them in a free report you can grab here. The primary risk is that supply constraints or a China escalation cap unit growth before EPS can catch the multiple.

Where NVIDIA Trades Today vs Its Earnings Power At $231.13, NVDA trades at roughly 23x forward earnings. That looks reasonable for a business with 75% non-GAAP gross margins and 126% net income growth, it is a discount to almost any historical AI-cycle comparison.

Shares sit near the 52-week high of $236.26, well off the low of $164.08. Long-term context matters. NVDA is up 14,808% over the past decade. Today’s multiple is the cheapest it has been during any major NVIDIA product cycle since Hopper.

Is $600 Realistic? My Verdict Reaching $600 by 2030 requires a 160.5% gain and, more importantly, EPS growth doing most of the heavy lifting so the forward P/E can actually compress into the low 20s at that price. My take: it is a stretch, but a credible one.

Three things need to go right. Vera Rubin has to become “the fastest product ramp in NVIDIA’s history” as management promises, hyperscaler capex has to sustain through the decade, and non-hyperscaler ACIE revenue has to keep compounding at triple digits. A hard China decoupling or a hyperscaler capex reset would derail it. Returns at this level shouldn’t be expected every year, but we’ve outlined the blueprint for how NVIDIA could reach $600 in 2030.

Contact [email protected] for any questions or corrections.

Nvidia Corporation remains a Buy as its earnings momentum accelerates, driven by robust Data Center growth and new product ramps like Vera Rubin. Q2 revenue reached $96.2B, beating expectations with 18% sequential Data Center growth and a sustained 75% non-GAAP gross margin. Nvidia is stacking multiple growth engines—Blackwell, Vera Rubin, networking, and AI infrastructure—broadening its customer base and addressable market.

One enormous forecast just changed the market's expectations almost overnight Summary

AMD stock surged after the chipmaker forecast $70 billion in 2027 data-center sales, supported by AI GPUs and rapidly growing server CPU demand

Advanced Micro Devices AMD stock jumped more than 6% Tuesday after the chipmaker outlined a bullish AI outlook at Citi's 2026 Global TMT Conference. Investors focused on AMD's near-term targets, alongside its $2 trillion AI opportunity estimate for 2030.

AMD expects its data-center business to double to $70 billion in 2027. AI graphics processors could contribute sales in the low $40 billion range, with server CPUs supplying the remainder. That gives AMD two paths into AI spending beyond accelerators.

AMD's 2027 Forecast Raises the StakesThe MI450 rollout bridges that forecast. Production shipments started during the third quarter of 2026, with a larger ramp expected in the fourth quarter and another increase in the first quarter of 2027. AMD has named Meta Platforms (META), OpenAI, and Anthropic as AI customers.

The server opportunity is equally important. AMD increased its 2030 server CPU market estimate to $220 billion from $60 billion. It expects server CPU revenue to grow more than 80% year over year during the second half of 2026 and more than 70% in 2027, helped by agentic AI workloads.

Yet the guidance exposes AMD's central constraint. Demand is running ahead of supplies of advanced wafers, high-bandwidth memory, and chip packaging. The company has secured $29 billion to $30 billion in purchase commitments to support its expansion.

Chief Financial Officer Jean Hu described “the pace, the scale, and the rise of the AI” as “unprecedented.” That opportunity comes with a near-term profitability tradeoff. AMD expects gross margin to edge lower during the fourth quarter and in 2027 as MI450 production expands, although total gross profit dollars should rise.

For investors, the rally reflects confidence that AMD can narrow Nvidia's (NVDA) AI advantage while strengthening its CPU franchise. The targets are powerful, but fulfilling them requires supply, customer deployments, and manufacturing execution to move together on schedule.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Nvidia's (NASDAQ: NVDA) business model might be shifting before our eyes.

*Stock prices used were the afternoon prices of Sept. 5, 2026. The video was published on Sept. 7, 2026.

Parkev Tatevosian, CFA has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Nvidia (NVDA -2.01%) has been the artificial intelligence (AI) chip company leading this technology revolution so far. This is for two reasons: The company got in on the space early, and its commitment to innovation has kept it in the top spot. And investors, excited about Nvidia's soaring earnings, have piled into the stock, seen as a no-brainer AI winner.

These days, however, Nvidia isn't the only chip company positioned to benefit from the AI market, one on track to reach into the trillions of dollars. In fact, another player is making significant progress, and this player is Advanced Micro Devices (AMD +5.90%).

Over time, AMD has become a leader in central processing units (CPUs), the chips that power computers, but in recent quarters, the company is proving its strength in AI chips too -- and investors have recognized it. So far this year, AMD stock is outperforming Nvidia. Now, my prediction is AMD stock could outrun Nvidia over the next three years -- here's the bull case.

Image source: Getty Images.

Nvidia's early start So, first, a bit of background. As mentioned, Nvidia entered this market early and began tailoring its graphics processing units (GPUs) to suit AI about a decade ago. Over the past few years, revenue has taken a tremendous leap as sales of AI chip systems soared. For example, in the second quarter three years ago, revenue came in at $13 billion -- in the recently completed second quarter, that number reached $96 billion.

AMD truly revved up its AI ambitions about three years ago with the launch of the next-generation Instinct MI300 data center GPU family, a clear move into the data center market. Like Nvidia, AMD committed to frequent updates of its AI accelerators, and the company's Helios platform, launched this year, represents a big step forward. This full rackscale infrastructure system "sets a new competitive bar," according to AMD, which says it's designed to deliver more compute and memory capacity than Nvidia's Vera Rubin NVL72 rack.

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A look at AMD's data center revenue growth shows that customers are taking notice -- and jumping on board. For the 2023 full year, AMD's data center revenue totaled $6.5 billion. Today, that's just under the company's data center revenue for one quarter -- in the second quarter, it reached $6.7 billion, more than doubling year-over-year.

Investors are noticing AMD And as I mentioned earlier, investors are noticing too, and they like what they see. This has helped AMD stock outperform Nvidia so far this year -- with the companies climbing 123% and 23%, respectively. Now, one particular negative point for AMD at the moment is that the gains have pushed valuation considerably higher, to a level that I consider expensive. And this is while Nvidia stock looks dirt cheap given the company's track record and long-term prospects. This may hold back value-oriented investors from buying shares in AMD.

AMD PE Ratio (Forward) data by YCharts

Still, my prediction is that aggressive investors looking for a bold AI growth story may continue buying AMD stock even at these high valuation levels, and here's why. I think these investors will focus on revenue growth figures, and here, it's likely that AMD will surpass Nvidia. It's important to keep in mind that it's more difficult to grow in the high double-digits or triple digits when quarterly data center revenue is nearly $90 billion -- and this is the challenge Nvidia faces right now. It's more complicated for the company to deliver explosive revenue growth quarter after quarter because it already generates enormous revenue and dominates the market.

AMD, however, has plenty of room for growth -- and the company can achieve this without truly upsetting Nvidia's market position, considering the level of demand for AI systems. AMD chief Lisa Su has offered words that spur optimism: "We are still in the early innings of a multiyear AI adoption cycle, and the opportunity ahead is enormous," she said in the recent earnings call.

So, as AMD's revenue jumps in the coming quarters, investors are likely to continue piling into the stock. And that's why I predict AMD stock could outrun market leader Nvidia over the coming three years.

American Airlines (AAL - Free Report) ended the recent trading session at $12.91, demonstrating a -1.68% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.58%. On the other hand, the Dow registered a loss of 1.18%, and the technology-centric Nasdaq decreased by 0.32%.

Shares of the world's largest airline witnessed a loss of 12.47% over the previous month, trailing the performance of the Transportation sector with its loss of 3.23%, and the S&P 500's loss of 0.36%.

The investment community will be paying close attention to the earnings performance of American Airlines in its upcoming release. On that day, American Airlines is projected to report earnings of -$0.32 per share, which would represent a year-over-year decline of 88.24%. Alongside, our most recent consensus estimate is anticipating revenue of $16.12 billion, indicating a 17.77% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.16 per share and revenue of $62.99 billion, which would represent changes of -144.44% and +15.3%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for American Airlines. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 977.7% lower. American Airlines is currently sporting a Zacks Rank of #3 (Hold).

The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 209, finds itself in the bottom 16% echelons of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Key Takeaways T adds the Samsung Galaxy S26 FE with affordable options for new and existing customers.T's New and existing customers can get the Galaxy S26 FE without a trade-in under several pricing options.AT&T offers eligible phone balance payoffs, annual upgrades and a 30-day free wireless trial. AT&T Inc. (T - Free Report) is expanding its smartphone lineup with the new Samsung Galaxy S26 FE. The company is pairing the latest handset with flexible pricing, reliable connectivity and customer-focused benefits and making it available to both new and existing customers through the AT&T app, online and at stores nationwide.

AT&T is offering several affordable options for Samsung’s new phone without requiring a trade-in. Customers who add a line and purchase online can get it for under $3 per month, while new customers purchasing in stores can get it for $7.99 per month. Existing customers who upgrade their devices can purchase it for $12.99 per month.

The company is making it easier for customers to switch from their current wireless provider to AT&T by offering to pay off eligible phone balances of up to $800 per line for up to 10 lines.  It also provides flexible annual upgrades through AT&T Next Up Anytime and offers a 30-day free wireless trial, allowing customers to experience its network while keeping their current phone, number and service.

AT&T Business customers can access additional offers, Enterprise Edition benefits, device protection and accessories, while the FirstNet Ready smartphone provides first responders with dedicated coverage, priority and preemption capabilities during emergencies. The offerings are likely to help the company attract new customers and retain existing ones through competitive pricing, flexible upgrades and reliable network services.

How Are Competitors Advancing in Smartphone Offerings?AT&T faces stiff competition from Verizon Communications, Inc. (VZ - Free Report) and T-Mobile US, Inc. (TMUS - Free Report) . Verizon has introduced several smartphone promotions to attract new customers and support device upgrades. The company is offering discounts, trade-in incentives and free or low-cost smartphones with eligible unlimited plans and new lines. Verizon continues to focus on expanding its 5G customer base and driving the adoption of newer devices through flexible upgrade options and incentives for customers on eligible plans.

T-Mobile is emphasizing value and device flexibility through a range of smartphone offers for new and existing customers. The company is promoting deals across popular Apple, Samsung and Google devices. T-Mobile is offering some phones for free with eligible plans or new lines, helping customers access newer devices at lower costs.

T’s Price Performance, Valuation & EstimatesAT&T shares have lost 11.1% over the past year against the industry’s growth of 92.9%.

Image Source: Zacks Investment Research

From a valuation standpoint, AT&T trades at a forward price-to-sales ratio of 1.34, below the industry tally of 8.07.

Image Source: Zacks Investment Research

Earnings estimates for 2026 have increased 1.3% to $2.35 over the past 60 days, while the same for 2027 have risen 1.2% to $2.57.

Image Source: Zacks Investment Research

AT&T currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.