QBTS, RGTI: Needham Raises Price Targets Due to Strong Quantum Activity
Needham analyst Quinn Bolton has increased his price targets for quantum computing companies DWave Quantum (QBTS) and Righetti Computing (RGTI) in their latest Quantum Quarterly report. He maintains a Buy rating for both companies, emphasizing the growing real-world applications and scalability catalysts in the quantum computing sector. Strengthen your investment strategy: Check out the current […]
Reasons Apple Stock Is No Longer a ‘Buy’ for Needham Analysts
Apple’s Stock Downgraded Amidst Concerns Apple has recently been marked as one of the poorest-performing stocks for 2025, alongside Tesla. On Wednesday, analysts from Needham changed their rating on Apple from “buy” to “hold,” and they’ve also removed their stock price target. Analyst Laura Martin has expressed doubts about a robust upgrade cycle for the […]
Reasons Apple Stock Is No Longer a ‘Buy’ for Needham Analysts
Apple Faces Downgrade Amid Concerns Apple has been flagged as one of the weakest stocks for 2025, alongside Tesla. This comes after analysts at Needham shifted their rating for Apple from “buy” to “hold” earlier this week, leaving their price target unclear. Analyst Laura Martin expressed skepticism regarding the upcoming iPhone upgrade cycle, suggesting that […]
Robinhood's fourth-quarter crypto surge could bode well for Coinbase results, Needham says – CNBC
According to Needham, the fourth quarter explosion in Robinhood's crypto revenue could indicate that Coinbase's strong results are being maintained. Stock and crypto brokerage Robinhood recorded record profits in the fourth quarter thanks to a surge in trading activities during post-election rally. Among transaction-based revenues, the company posted a 700% increase in revenue from crypto […]
Riot Platforms or Marathon Digital: Needham Chooses the Superior Bitcoin Stock to Buy – TipRanks.com – TipRanks
Bitcoin surpassed the $60,000 mark for the first time since the back end of 2021. This rally was fueled by the long-awaited approval of a Spot Bitcoin ETF, suggesting institutional adoption is coming. While this has been one of the key drivers for rising asset values, another driver is coming. Approximately every four years, Bitcoin […]