L'intérêt à découvert pour ABB donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de ABB. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

ABB (OTC:ABBNY) Stock, Rapport sur les intérêts à découvert

ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 19 business divisions. ABB is the number one or two supplier in two thirds of its product segments.

ABB Ltd

Barrington Research analyst Michael Petusky maintains ModivCare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MODV#NASDAQ">MODV</a>) with a Outperform and lowers the price target from $25 to $10.

News

Price Target

Analyst Ratings

MODV

Barrington Research Maintains Outperform on ModivCare, Lowers Price Target to $10

Scotiabank analyst Jonathan Goldman initiates coverage on TerraVest Industries (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TVK#TSX">TVK</a>) with a Sector Outperform rating and announces Price Target of C$125.

Initiation

TSX:TVK

Scotiabank Initiates Coverage On TerraVest Industries with Sector Outperform Rating, Announces Price Target of C$125

<a href="https://www.theguardian.com/business/live/2025/jan/13/pound-slides-14-month-low-gsk-buys-us-cancer-firm-115bn-government-bonds-selloff-gilts-business-live" target="_blank" rel="noreferrer noopener">The British pound has traded at multi-month lows</a> against the US dollar (<a href="https://www.benzinga.com/topic/gbpusd">GBP/USD</a>) in a rare divergence where rising UK yields weighed on the currency as investors demand higher returns to hold UK bonds. 
<a href="https://europeancapitalinsights.substack.com/p/rising-uk-yields-threaten-reevess?r=3nmatg">Fiscal uncertainty surrounding UK</a> Finance Minister Rachel Reeves's budget plan resulted in a lack of investor confidence due to concerns over the country's ability to finance its debt sustainably. In October, Reeves introduced a £9.9 billion public spending budget plan.
Fears spread to the UK's bond auction last Wednesday, leading to lackluster demand for the 30-year bonds. This development pushed the 30-year yield to its highest levels since 1998 at 5.38%. The shorter-term 10-year yield rose to its highest level since the financial crisis at 4.82% as investors sold UK bonds, pressuring government finances.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1200" height="788" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-4.png" alt="" class="wp-image-4646" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-4.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-4-300x197.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-4-1024x672.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-4-768x504.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure>
UK 10-year and 30-year bond yields, Source: Reuters
Even though the rise in government yields is a global issue, "the UK is at highs of this cycle whereas, in Europe and the US, this isn&#8217;t the case," Megum Muhic, a strategist at RBC Capital Markets, said. 
&#8220;<a href="https://www.bbc.com/news/articles/c1404j3xmxdo" target="_blank" rel="noreferrer noopener">Higher debt and lower growth</a> are understandably now causing real concerns among the public, among businesses and in the markets,&#8221; Shadow Chancellor Mel Stride said. Stride commented in response to a question in the House of Commons surrounding rising UK yields.
The UK economy stagnated between July and September and even fell into a technical recession in October while inflation increased at its fastest pace in eight months.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1000" height="743" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151013/image-2-3.png" alt="" class="wp-image-4645" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151013/image-2-3.png 1000w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151013/image-2-3-300x223.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151013/image-2-3-768x571.png 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></figure>
UK Quarterly GDP Growth, Source: Reuters
<h2 class="wp-block-heading">Reeves Faces Major Test Amid Rising UK Yields</h2>
Markets and investors have scrutinized Rachel Reeves&#8217;s economic policies due to rising UK yields. The country remains vulnerable to fiscal overspending as borrowing costs soar.
Analysts at Deutsche Bank have estimated that "a sustained rise in gilt yields would add £10 billion annually to the UK's debt servicing costs." This may force Reeves to consider "spending cuts, more borrowing, and likely a little more taxation to close the emerging fiscal hole,&#8221; Deutsche said.&nbsp;
Reeves's estimated £9.9 billion fiscal headroom was supposed to have met a self-imposed rule of balancing day-to-day spending with tax revenues by the decade&#8217;s end.&nbsp;&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1200" height="675" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151016/image-5.png" alt="" class="wp-image-4648" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151016/image-5.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151016/image-5-300x169.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151016/image-5-1024x576.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151016/image-5-768x432.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure>
Reeves Financial Headroom, Source: Sky
The budget included a £300 billion issuance of UK bonds over the coming fiscal year to fund infrastructure projects and public services.
A sustained one percentage point rise in gilt yields would add £12 billion annually to borrowing costs by 2029/30, effectively wiping out Reeves's fiscal cushion, according to the Office for Budget Responsibility (OBR). 
Capital Economics said the current margin might have come down to as low as £1 billion.
Reeves insisted over the last weekend following a visit to China that her <a href="https://nation.cymru/news/chancellor-facing-tough-questions-over-fiscal-rules-as-market-woes-deepen/">fiscal rules are "non-negotiable</a>."
"The market appears to be questioning the credibility of the fiscal plans," analysts at Citi noted, especially with <a href="https://www.euronews.com/business/2025/01/10/uk-inflation-highest-among-g7-countries-as-energy-costs-buoy-prices" target="_blank" rel="noreferrer noopener">UK inflation remaining the highest among G7</a> countries at 2.6% in November.
<h2 class="wp-block-heading">BOE Maintains Stance Despite Rising UK Yields&nbsp;</h2>
Deputy Governor Sarah Breeden at the Bank of England (BOE) stated that while the UK gilt market has remained "orderly," policymakers are closely monitoring developments.&nbsp;
Despite rising UK yields and a falling pound pressuring the BOE to cut rates, the bank has signaled only two 25-basis-point rate cuts in 2025. <a href="https://www.reuters.com/markets/rates-bonds/bank-england-splits-rates-outlook-it-keeps-borrowing-costs-hold-2024-12-19/">High inflation and ongoing wage growth</a> have restricted the BOE's ability to reduce rates further.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1200" height="795" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-2-4.png" alt="" class="wp-image-4647" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-2-4.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-2-4-300x199.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-2-4-1024x678.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151015/image-2-4-768x509.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure>
Market Rate Cut Expectations for BOE, Source: <a href="https://www.bnnbloomberg.ca/investing/2025/01/09/trader-defies-uk-gilt-turmoil-with-wager-on-five-boe-rate-cuts/">Bloomberg</a>
In contrast, recent data in the US have reinforced market expectations that the Fed will maintain higher rates for longer. Rate cuts are now priced at just 30 basis points for 2025, down from 41 basis points earlier.
"We have a very strong dollar, and the <a href="https://finance.yahoo.com/news/uk-markets-fall-anew-investors-093835718.html">dollar is rising against many, many currencies</a>," Jim O'Neill, a member of the UK House of Lords and former chairman of Goldman Sachs Asset Management, said in a Bloomberg TV interview.
Meanwhile, international investors are demanding higher premiums to hold UK debt. This reflects the dim view of the UK's growth prospects compared to other major economies.
The UK's borrowing costs are now over 2.5 percentage points higher than Germany's, a divergence only exceeded during the former Prime Minister Liz Truss crisis.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1200" height="689" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151017/image-2-5.png" alt="" class="wp-image-4650" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151017/image-2-5.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151017/image-2-5-300x172.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151017/image-2-5-1024x588.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151017/image-2-5-768x441.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure>
UK vs. Germany 10-Year Gilts Spread, Source: <a href="https://x.com/Schuldensuehner/status/1877009133892690135">Holger Zschepitz on X</a>
<h2 class="wp-block-heading">Reeves Budget Not a Repeat of Mini-Budget&nbsp;</h2>
The current market turmoil has <a href="https://news.sky.com/story/plenty-of-concern-about-uk-gilt-yields-and-economic-health-but-this-isnt-a-liz-truss-moment-13285470" target="_blank" rel="noreferrer noopener">drawn comparisons to the mini-budget crisis</a> of September 2022 under Truss when she announced <a href="https://www.bbc.com/news/uk-politics-68834217">"unfunded" tax cuts of £45 billion</a> and no clear plan to manage its fiscal impact.
&#8220;The major driver of yields going higher…was a combination of the mini-Budget&#8230;and the energy crisis," Simon French, chief economist at Panmure Gordon, said.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1200" height="689" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/14151017/image-2-5.png" alt="" class="wp-image-4649" /></figure>
Truss vs Reeves 10-year gilt change (UK, US, Germany), Source: Sky
While bond yields are now higher than their peak during the Truss crisis, the current sell-off is partially due to a stronger dollar. Back then, erratic policymaking triggered a sharp sell-off in both gilts and the pound, forcing the BOE to intervene.&nbsp;
&#8220;This time, there is global anxiety about the level of debt pushing yields up everywhere,&#8221; French added. &#8220;But there&#8217;s also a dim view on the growth impact from her [Reeves's Budget, which is slowing rather than accelerating the economy.&#8221;
Disclaimer:
Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. European Capital Insights is not responsible for any financial decisions made based on the contents of this article. Readers may use this article for information and educational purposes only.
This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content&nbsp;or&nbsp;accuracy.

Eurozone

Rising UK Yields Threaten Reeves's UK Budget Plan

Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) shares are treading water Tuesday amid reports Google has come under investigation by U.K. officials <a href="https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly">related to Search dominance</a>.
What Happened: According to a Wall Street Journal <a href="https://www.wsj.com/tech/google-comes-under-u-k-investigation-over-search-services-56669488?mod=latest_headlines">report</a>, the Competition and Markets Authority&nbsp;has said it&#8217;s probing Google over how its Search position could impact competition in the U.K.
The investigation would reportedly look into the extent of control Google has in Search and search advertising services and assess how Google&#8217;s influence might affect consumers and businesses using the services.
The report indicates the current Competition and Markets Authority regime came into force less than two weeks ago. The U.K. has new rules that allow antitrust officials to identify companies with strategic digital market status and impose conduct requirements related to fair competition.
The Competition and Markets Authority will reportedly determine whether Google has strategic market status and then set new requirements for the company based on its findings, if appropriate. 
"It's our job to ensure people get the full benefit of choice and innovation in search services and get a fair deal—for example in how their data is collected and stored," said Sarah Cardell, chief executive of the Competition and Markets Authority.
"And for businesses, whether you are a rival search engine, an advertiser or a news organization, we want to ensure there is a level playing field for all businesses, large and small, to succeed."
Check This Out: <a href="https://www.benzinga.com/news/global/25/01/42967007/eu-reconsiders-apple-meta-and-google-investigations-ahead-of-trumps-potential-white-house-return-its-going-to-be-a-whole-new-ballgame">EU Reconsiders Apple, Meta And Google Investigations Ahead Of Trump&#8217;s Potential White House Return: &#8216;It&#8217;s Going To Be A Whole New Ballgame&#8217;</a>
In a blog <a href="https://blog.google/around-the-globe/google-europe/united-kingdom/the-cmas-assessment-of-google-search/">post</a> published Tuesday, Google said it&#8217;s looking forward to &#8220;engaging constructively&#8221; with U.K. officials. The company said its products helped to provide an estimated 118 billion pounds ($144 billion) in economic activity in the U.K. in 2023.
The Competition and Markets Authority investigation comes after the U.S. Department of Justice made a push for Google to <a href="https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly">divest its Chrome browser</a> in an effort to restore competition in the Search market. Judge Amit Mehta <a href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report" target="_blank" rel="noreferrer noopener">ruled in August</a> that Alphabet's payments to make its search engine the default option on smartphone web browsers violated U.S. antitrust law by effectively blocking competition in the space. 
&#8220;A pro-innovation, evidence-based regime will help UK consumers and businesses by expanding options, reducing prices, and opening new markets. The alternative of overly prescriptive digital competition rules would end up stifling&nbsp;choice and opportunity&nbsp;for consumers and businesses,&#8221; Google said on Tuesday.
&#8220;We will do our best to advocate for new rules that benefit every business and let people in the UK benefit from helpful, cutting-edge services.&#8221;
GOOG Price Action: <a href="http://benzinga.com/quote/goog">Alphabet Class C shares</a> were down 0.72% at $190.91 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo via Shutterstock.

Government

Regulations

Legal

Global

Tech

GOOG

GOOGL

Google Faces UK Investigation Over Search Dominance: 'We Want To Ensure There Is A Level Playing Field'

Goldman Sachs analyst James Schneider expects fourth-quarter 2024 reports to reflect gradual demand improvement in 2025 guidance. Based on intra-quarter management commentary and Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>)
Schneider expects modest beats for his <a target="_blank" href="https://www.benzinga.com/topic/information-technology-services-industry" rel="noreferrer noopener">IT Services coverage</a> in the quarter.&nbsp;&nbsp;
The analyst noted that 2025 guidance will reflect modest revenue acceleration that mirrors a gradually improving customer demand environment and monitored Tata Consultancy Services and Infosys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFY#NYSE">INFY</a>) reports.&nbsp;&nbsp;
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/42882959/intel-partners-with-amazon-cloud-to-drive-next-gen-smart-vehicle-tech" rel="noreferrer noopener">Intel Partners with Amazon Cloud to Drive Next-Gen Smart Vehicle Tech, Wins Stellantis, Karma Auto As Clients</a>
Despite the bottoming in fundamentals, Schneider noted investor expectations have modestly deteriorated in recent weeks, given stiffer FX headwinds across the coverage.
As the analyst continues to see cyclical headwinds moderate, he now prefers applications-focused names like International Business Machines Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), Globant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>), and EPAM Systems, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>).
He also noted that IBM remains well-positioned for growth as software growth continues to reflect accelerating trends versus history. The analyst&#8217;s estimates for the fourth quarter remain broadly in line with the Street&#8217;s but he expects 2025 guidance to reflect higher revenues from Red Hat&#8217;s outperformance and the upcoming mainframe refresh in the second quarter of 2025.
Investors will likely focus on software growth and portfolio mix as key metrics, with consulting trends under greater scrutiny.&nbsp;&nbsp;
Schneider noted IBM can pivot its software portfolio to mid- to high-single-digit growth while taking share in consulting, with room for multiple expansions. Investor Day is the next catalyst for the stock.
Schneider projected fourth-quarter revenue of $17.62 billion and adjusted EPS of $3.76.
He noted that Globant expects a solid growth outlook with solid margin expansion in 2025. The analyst expects Globant to deliver a largely in-line quarter but thinks 2025 guidance will reflect revenue acceleration and steady margin expansion supported by its unique positioning in high-growth verticals amid a gradual cyclical recovery. Schneider expects investors to focus on revenue growth trends to gauge the rate of potential revenue re-acceleration in 2025.
The analyst projected fourth-quarter revenue of $649 million and adjusted EPS of $1.74.
EPAM&#8217;s 2025 outlook is likely to reflect modest organic growth, as per Schneider. The analyst expects an in-line fourth quarter with 2025 guidance that reflects stabilizing to improving discretionary trends, as he noted the company is set to capture recovering demand for new technology builds and other high-end engineering services. Schneider noted investors will be focused on the pace of EPAM&#8217;s organic re-acceleration given improving fundamentals in 2025.
Schneider projected fourth-quarter revenue of $1.21 billion and adjusted EPS of $2.78.
Price Actions: IBM stock is down 0.47% at $216.38 at last check Tuesday. GLOB is down 1.14% and EPAM is up 0.03%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/42881889/uber-nvidia-partnership-to-unlock-value-by-leveraging-ai-to-advance-ridesharing-autonomous-tech-analyst" target="_blank" rel="noreferrer noopener">Uber, Nvidia Partnership To Unlock Value By Leveraging AI To Advance Ridesharing, Autonomous Tech: Analyst</a></li>
</ul>
Photo: Shutterstock

Trading Ideas

EPAM

GLOB

INFY

IBM, Globant, EPAM Top IT Bets For 2025, Driven by Demand Trends And Margin Expansion: Analyst

On Tuesday, Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) raised its fourth-quarter revenues outlook to $1.10 billion, compared with a <a target="_blank" href="https://www.prnewswire.com/news-releases/illumina-reports-financial-results-for-third-quarter-of-fiscal-year-2024-302295734.html" rel="noreferrer noopener">prior view</a> <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">of $1.07&nbsp;billion</a>. The street view also stands at $1.072 billion. The current outlook represents 1% growth year over year.
The company&#8217;s full-year revenue for 2024 is approximately&nbsp;expected to be $4.33 billion&nbsp;versus the analyst consensus estimate of $4.304 billion, down 2% year over year. It previously expected it to fall 3% year over year.
For the fourth quarter of 2024, the company expects adjusted diluted earnings per share in the range of approximately 91 cents to 93 cents versus the street view of 91 cents.
For the full year 2024, the adjusted diluted EPS is projected to be between $4.12 and $4.14, versus the analyst consensus estimate of $4.13 (prior view:&nbsp;$4.05 &#8211; $4.15&nbsp;).
Also Read: <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/01/42974739/wall-street-rebounds-as-producer-inflation-misses-estimates-tesla-gains-chinese-stocks-rally" rel="noreferrer noopener">Wall Street Rebounds As Producer Inflation Misses Estimates, Tesla Gains, Chinese Stocks Rally</a>
The company expects a non-GAAP operating margin of approximately 19.7% for the fourth quarter of 2024 and around 21.3% for the full year (prior view: 21% &#8211; 21.5%).
For 2024, the company expects cash flow from operations of around $1.21 billion and free cash flow of about $1.07 billion.
For fiscal year 2025, it forecasts low single-digit revenue growth in constant currency, with reported revenue between $4.28 billion and $4.4 billion, a non-GAAP operating margin of approximately 23%, and a 10% growth in non-GAAP diluted EPS.
Yesterday, Illumina announced a collaboration with NVIDIA Corporation to enhance technology platforms for analyzing and interpreting multiomic data.
This partnership aims to speed up progress in clinical research, genomics AI development, and drug discovery. By combining Illumina&#8217;s sequencing and informatics tools with NVIDIA&#8217;s AI technology, the partnership&nbsp;seeks to improve <a target="_blank" href="https://www.benzinga.com//node/42945242" rel="noreferrer noopener">drug discovery and clinical development.</a>
Price Action: ILMN shares are trading lower by 3.94% to $138.54 at last check Tuesday.
Read now:
<ul>
<li><a href="https://www.benzinga.com/general/health-care/25/01/42974082/nvidia-eyes-1-billion-in-healthcare-ai-revenue-next-growth-frontier" target="_blank" rel="noreferrer noopener">Nvidia Eyes $1 Billion In Healthcare AI Revenue: Is This The Next Growth Frontier?</a></li>
</ul>
Photo via Shutterstock.

Equities

Guidance

Markets

Movers

General

ILMN

Illumina Raises Q4 Revenue Outlook To $1.10 Billion, Exceeding Street Expectations; Sees Solid Margins

Investors with a lot of money to spend have taken a bearish stance on PayPal Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PYPL, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 29 uncommon options trades for PayPal Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 41% bullish and 44%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $1,294,742, and 20 are calls, for a total amount of $2,122,887.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $125.0 for PayPal Holdings over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for PayPal Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across PayPal Holdings's significant trades, within a strike price range of $40.0 to $125.0, over the past month.
<h3>PayPal Holdings Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736876736_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$4.6</td>
<td>$4.3</td>
<td>$4.55</td>
<td>$70.00</td>
<td>$509.6K</td>
<td>1.0K</td>
<td>1.1K</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.1</td>
<td>$11.05</td>
<td>$11.05</td>
<td>$95.00</td>
<td>$507.0K</td>
<td>17.3K</td>
<td>567</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$11.6</td>
<td>$11.4</td>
<td>$11.4</td>
<td>$92.50</td>
<td>$401.2K</td>
<td>190</td>
<td>352</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$5.95</td>
<td>$5.8</td>
<td>$5.9</td>
<td>$95.00</td>
<td>$323.3K</td>
<td>10.6K</td>
<td>550</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$15.3</td>
<td>$15.25</td>
<td>$15.3</td>
<td>$77.50</td>
<td>$290.7K</td>
<td>25</td>
<td>260</td>
</tr>
</tbody>
</table>

<h3>About PayPal Holdings</h3>
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.
<h3>PayPal Holdings's Current Market Status</h3>
<ul>
<li>With a trading volume of 4,483,974, the price of PYPL is up by 2.97%, reaching $86.48.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 22 days from now.</li>
</ul>
<h3>What The Experts Say On PayPal Holdings</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $104.0.
Unusual Options Activity Detected: Smart Money on the Move
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">Click here for access</a>. 
&#x2A; An analyst from Macquarie has decided to maintain their Outperform rating on PayPal Holdings, which currently sits at a price target of $115. 
&#x2A; Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on PayPal Holdings with a target price of $101. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for PayPal Holdings, targeting a price of $110. 
&#x2A; An analyst from Morgan Stanley persists with their Equal-Weight rating on PayPal Holdings, maintaining a target price of $90. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest PayPal Holdings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

PYPL

Behind the Scenes of PayPal Holdings's Latest Options Trends

Whales with a lot of money to spend have taken a noticeably bullish stance on Robinhood Markets.
Looking at options history for Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) we detected 58 trades.
If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 39% with bearish.
From the overall spotted trades, 16 are puts, for a total amount of $785,781 and 42, calls, for a total amount of $2,846,110.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $60.0 for Robinhood Markets over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Robinhood Markets's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Robinhood Markets's substantial trades, within a strike price spectrum from $15.0 to $60.0 over the preceding 30 days.
<h3>Robinhood Markets Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736876731_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.95</td>
<td>$10.75</td>
<td>$10.92</td>
<td>$45.00</td>
<td>$357.0K</td>
<td>4.8K</td>
<td align="right">484</td>
</tr>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$13.1</td>
<td>$13.0</td>
<td>$13.0</td>
<td>$55.00</td>
<td>$174.2K</td>
<td>118</td>
<td align="right">5</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/14/25</td>
<td>$3.35</td>
<td>$3.25</td>
<td>$3.25</td>
<td>$44.00</td>
<td>$162.5K</td>
<td>1.6K</td>
<td align="right">55</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$28.05</td>
<td>$27.9</td>
<td>$27.9</td>
<td>$15.00</td>
<td>$139.5K</td>
<td>14.4K</td>
<td align="right">529</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$28.0</td>
<td>$27.9</td>
<td>$27.9</td>
<td>$15.00</td>
<td>$139.4K</td>
<td>14.4K</td>
<td align="right">429</td>
</tr>
</tbody>
</table>

<h3>About Robinhood Markets</h3>
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Following our analysis of the options activities associated with Robinhood Markets, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Robinhood Markets</h3>
<ul>
<li>With a trading volume of 17,678,398, the price of HOOD is up by 7.01%, reaching $42.37.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 29 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Robinhood Markets</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $45.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Keefe, Bruyette &amp; Woods has decided to maintain their Market Perform rating on Robinhood Markets, which currently sits at a price target of $38. 
&#x2A; An analyst from Barclays persists with their Overweight rating on Robinhood Markets, maintaining a target price of $54. 
&#x2A; Showing optimism, an analyst from JP Morgan upgrades its rating to Neutral with a revised price target of $43. 
&#x2A; An analyst from Citigroup persists with their Neutral rating on Robinhood Markets, maintaining a target price of $45. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Robinhood Markets options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

HOOD

Spotlight on Robinhood Markets: Analyzing the Surge in Options Activity

Investors with a lot of money to spend have taken a bearish stance on Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LEN, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 11 uncommon options trades for Lennar.
This isn't normal.
The overall sentiment of these big-money traders is split between 18% bullish and 45%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $343,071, and 5 are calls, for a total amount of $285,958.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $160.0 for Lennar over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Lennar's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Lennar's whale activity within a strike price range from $80.0 to $160.0 in the last 30 days. 
<h3>Lennar Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736876725_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LEN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$9.4</td>
<td>$9.3</td>
<td>$9.4</td>
<td>$125.00</td>
<td>$126.8K</td>
<td>69</td>
<td>135</td>
</tr>
<tr>
<td>LEN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$5.2</td>
<td>$4.9</td>
<td>$5.0</td>
<td>$150.00</td>
<td>$122.5K</td>
<td>1.5K</td>
<td>356</td>
</tr>
<tr>
<td>LEN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$7.3</td>
<td>$7.1</td>
<td>$7.3</td>
<td>$125.00</td>
<td>$64.2K</td>
<td>1.5K</td>
<td>993</td>
</tr>
<tr>
<td>LEN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$2.75</td>
<td>$2.6</td>
<td>$2.75</td>
<td>$160.00</td>
<td>$55.0K</td>
<td>114</td>
<td>200</td>
</tr>
<tr>
<td>LEN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$7.4</td>
<td>$7.3</td>
<td>$7.3</td>
<td>$125.00</td>
<td>$51.1K</td>
<td>1.5K</td>
<td>1.3K</td>
</tr>
</tbody>
</table>

<h3>About Lennar</h3>
Lennar is one of the largest public homebuilders in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily and single-family for rent construction and has invested in numerous housing-related technology startups.
After a thorough review of the options trading surrounding Lennar, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Lennar's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,378,539, the LEN's price is up by 0.99%, now at $132.88. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 57 days.</li>
</ul>
<h3>Expert Opinions on Lennar</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $153.0.
Unusual Options Activity Detected: Smart Money on the Move
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">Click here for access</a>. 
&#x2A; An analyst from Citigroup persists with their Neutral rating on Lennar, maintaining a target price of $150. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Lennar with a target price of $145. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Lennar, targeting a price of $135. 
&#x2A; An analyst from Wells Fargo persists with their Equal-Weight rating on Lennar, maintaining a target price of $165. 
&#x2A; Consistent in their evaluation, an analyst from Keefe, Bruyette &amp; Woods keeps a Outperform rating on Lennar with a target price of $170. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Lennar options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Market Whales and Their Recent Bets on LEN Options

B. Riley Securities analyst Craig Ellis maintains Rigetti Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) with a Buy and raises the price target from $4 to $8.5.

RGTI

B. Riley Securities Maintains Buy on Rigetti Computing, Raises Price Target to $8.5

Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) shares are trading higher on Tuesday. The company disclosed that SharkNinja, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>) is adopting its Agentforce and Commerce Cloud solutions to enhance personalized customer service through autonomous agents and <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b42971491/sharkninja-powers-up-global-customer-service-with-agentforce" rel="noreferrer noopener">support its global expansion efforts</a>.
Agentforce is expected to aid SharkNinja in deploying AI agents that autonomously handle tasks across various business functions.
Notably, Agentforce will provide SharkNinja with a 24/7 digital workforce to assist customers with purchases, product inquiries, troubleshooting, and returns, reducing human agent workloads and enabling them to focus on more impactful interactions.
Agentforce is anticipated to streamline tasks such as guiding purchases, resolving product queries, and managing returns, allowing human agents to focus on high-value engagements and enhancing the overall customer experience.
SharkNinja will leverage Commerce Cloud to unify customer data, enabling personalized shopping experiences and better tracking of global customer engagement.
Adam Evans, EVP &amp; GM of Salesforce AI Platform, said, &#8220;By integrating customer data with service and support functions, Agentforce enables SharkNinja to deliver an exceptional experience at every touchpoint — building customer loyalty and keeping them coming back time and time again.&#8221;
Investors can gain exposure to the CRM stock via&nbsp;iShares Expanded Tech-Software Sector ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IGV#BATS">IGV</a>) and First Trust DJ Internet Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDN#NYSE">FDN</a>).
Price Action: CRM shares are up 1.3% at $323.21 at the last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42917603/salesforce-empowers-retailers-with-ai-to-boost-efficiency-and-sales" target="_blank" rel="noreferrer noopener">Salesforce Launches Retail Cloud And Agentforce Solutions: Details</a></li>
</ul>
Image sourced from Shutterstock.

First Trust Dow Jones Internet Index Fund

SharkNinja Taps Salesforce Solutions For Personalized Customer Journeys: Details

B. Riley Securities analyst Craig Ellis maintains D-Wave Quantum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) with a Buy and raises the price target from $4.5 to $9.

QBTS

B. Riley Securities Maintains Buy on D-Wave Quantum, Raises Price Target to $9

The Los Angeles area is bracing Tuesday for another stretch of "extreme fire weather&#8221;: the National Weather service issued a &#8220;Particularly Dangerous Situation" red flag warning for<a href="https://www.benzinga.com/general/sports/25/01/42963718/beyonce-pledges-25-million-to-help-california-wildfire-relief-efforts-nfl-donates-5-million-moves-mondays-playoff-game-to-arizona"> Southern California. </a> 
The Details: Firefighters are again facing high winds of 40 to 70 miles per hour as they fight to contain the wildfires that have caused at least 25 deaths and burned more than 60 square miles in the Los Angeles area.&nbsp;
The Los Angeles Fire Department reports the Eaton Fire is now at 35% containment and the Palisades Fire is now at 17% containment as of Tuesday morning.&nbsp;
"Severe fire weather conditions will continue through tomorrow," Los Angeles County Fire Chief Anthony C. Marrone said.
"The worst winds are predicted today for the late afternoon and into Wednesday," Marrone added.&nbsp;
Approximately 88,000 Los Angeles County residents are under evacuation orders and more than 84,000 residents are under evacuation warnings, county Sheriff Robert Luna said Tuesday during a news conference, as reported by CNN.
Read Next: <a href="https://www.benzinga.com/news/legal/25/01/42979220/biden-announces-more-student-loan-forgiveness-bringing-debt-relief-to-nearly-5-million-borrowers">Biden Announces More Student Loan Forgiveness, Bringing Debt Relief To Nearly 5 Million Borrowers</a>
Edison Faces Lawsuits: At least five lawsuits were filed against Southern California Edison, a subsidiary of Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>), on Monday, according to an ABC News <a href="https://abc7.com/post/california-wildfires-2-lawsuits-filed-southern-edison-eaton-fire-pasadena-altadena/15796131/">report</a>.&nbsp;
The lawsuits allege Edison failed to de-energize its electrical equipment that potentially ignited the Eaton fire despite red flag warnings issued by the National Weather Service.
California fire agencies also confirmed on Monday they are investigating Southern California Edison over the possibility that downed utility equipment contributed to the Hurst fire, according to<a href="https://www.latimes.com/california/story/2025-01-12/officials-investigating-whether-southern-california-edison-equipment-ignited-hurst-fire"> a report</a> from the Los Angeles Times. 
The company said<a href="https://www.benzinga.com/pressreleases/25/01/b42935494/edison-international-provides-latest-update-on-southern-california-wildfires-and-sce-power-outages"> in a statement</a> on Sunday that it filed two Electric Safety Incident Reports, one related to the Eaton fire and one related to the Hurst fire.&nbsp;
SCE said a downed power line was discovered at a time and location near the Hurst fire ignition, but it does not yet know whether the damage occurred before or after the start of the fire.&nbsp;
&#8220;We&#8217;ve seen in your reporting the videos, we&#8217;ve seen the photos, so we know that there was fire there. We don&#8217;t know what caused it,&#8221; Edison CEO Pedro Pizarro <a href="https://abc7.com/post/california-wildfires-2-lawsuits-filed-southern-edison-eaton-fire-pasadena-altadena/15796131/">told ABC7 </a>on Monday.
&#8220;Again, there was the obvious signature that we would see normally, but we have not been able to get up close to those lines because firefighters have determined that it hasn&#8217;t been safe to do that yet. Whatever we find, we&#8217;ll be transparent with our public,&#8221; Pizarro added.
In 2021, SCE agreed to pay $550 million in fines and penalties related to fires that year which burned more than 380,000 acres and destroyed thousands of homes.
Edison International stock has fallen nearly 28% since the fires began last week. Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>), another California utility, has seen its stock fall nearly 20% in the past week.  
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42919029/supreme-court-hears-tiktok-oral-arguments">Supreme Court Hears TikTok Arguments With App&#8217;s Ban Ahead: &#8216;Essentially, The Platform Shuts Down&#8217;&nbsp;</a></li>
</ul>
Image: Shutterstock.

LA Braces For More 'Extreme Fire Weather,' Multiple Lawsuits Filed Against Edison Over Eaton Fire Damages

B. Riley Securities analyst Naved Khan maintains Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) with a Buy and raises the price target from $112 to $187.

RDDT

B. Riley Securities Maintains Buy on Reddit, Raises Price Target to $187

Clinical research organization ICON plc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLR#NASDAQ">ICLR</a>) announced its financial guidance for <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b42971328/icon-issues-financial-guidance-for-full-year-2025" rel="noreferrer noopener">fiscal year 2025 on Tuesday</a>.
What Happened: The Dublin-based company forecasts revenues of $8.05 billion — $8.65 billion. This represents growth of about 1% at the midpoint compared to the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus of $8.5 billion</a>.
The company expects adjusted earnings per share to be in the range of $13 to $15. That&#8217;s flat over the full-year 2024 adjusted earnings per share guidance midpoint compared to the consensus of $14.83.
See Also: <a href="https://www.benzinga.com/25/01/42980742/trump-off-hook-in-2020-election-case-special-counsel-smith-says-evidence-was-sufficient-to-obtain-and-sustain-a-conviction">Trump&#8217;s 2024 Election Win Spares Him From &#8216;Conviction&#8217; In Jan. 6 Case, Special Counsel Says</a>
ICON CEO Steve Cutler says trial activity has been &#8220;impacted by cautious spending from biopharma customers in both the biotech and large pharma businesses.&#8221; 
The company&#8217;s outlook for this year reflects an expected transition period, which includes a headwind from its top two customers on a combined basis, coupled with &#8220;an inconsistent recovery in biotech,&#8221; he added.
For fiscal year 2024, the company reaffirmed its current guidance of revenue of $8.26 billion — $8.3 billion and adjusted EPS of $13.90 &#8211; $14.10 versus consensus of $8.28 billion and $13.98, respectively.
Why It Matters: William Blair analysts are &#8220;surprised by the size of the topline cut relative to management&#8217;s initial thoughts last quarter (anticipated revenue growth in the low to mid-single digits for this year).&#8221;
Analyst Max Smock expects the company to face challenges in understanding &#8220;cautious spending patterns&#8221; from biopharma clients, including Pfizer Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) and Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>).
There&#8217;s also uncertainty about when biotech demand will stabilize. Investors debate whether $14 or $15 per share was the right target for the quarter.
The initial guidance for next year will lean closer to $15, observers say. However, margins will face more pressure than expected.
Price Action: Icon stock is down 6.96% at $202.81 at last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42980720/microsoft-taps-meta-veteran-to-lead-new-coreai-division-plans-shift-from-openai-dependence" target="_blank" rel="noreferrer noopener">Microsoft Launches CoreAI Division: Ex-Meta Exec To Supercharge Copilot And AI Innovations</a></li>
</ul>
Image: Shutterstock

Analyst Color

Large Cap

Health Care

ICLR

Clinical Research Firm ICON Faces Headwinds From Top Customers And Biotech Recovery Uncertainty

Raymond James analyst Steve Hansen maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Outperform and raises the price target from $54 to $60.

MEOH

Raymond James Maintains Outperform on Methanex, Raises Price Target to $60

Raymond James analyst Rick Patel maintains Abercrombie &amp; Fitch (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) with a Outperform and lowers the price target from $180 to $165.

Raymond James Maintains Outperform on Abercrombie & Fitch, Lowers Price Target to $165

Bank Of America Securities analyst Justin Post maintained a Buy rating on Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google with a <a target="_blank" href="https://www.benzinga.com/quote/GOOGL/earnings" rel="noreferrer noopener">price target of $225, up from $210</a>.
In 2024, Alphabet stock (up 35%) outperformed the S&amp;P 500 (up 23%) and benefited from new product launches offsetting Al concerns (OpenAI traction), strong cost discipline, improving Cloud growth and positive estimates revisions.
However, the threat of disruption from emerging Generative-Al search platforms and adverse judgment in the DOJ search case weighed on multiple versus FANG peers.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/guidance/25/01/42874446/samsungs-outlook-dims-amid-hbm-supply-struggles-for-nvidia-and-sluggish-consumer-chip-sales" rel="noreferrer noopener">Samsung&#8217;s Outlook Dims Amid HBM Supply Struggles for Nvidia and Sluggish Consumer Chip Sales</a>
With search still far outpacing the value of other businesses, Post noted 2025 as a pivotal year, which could help establish Google as either an Al leader (via AI Overview traction) or elevate search disruption risk.
Google&#8217;s potential positives include growing usage of AI overviews and new ad opportunities around informational queries, greater appreciation of AI assets and AI-driven performance driving multiple expansion, potential for change (or settlement) in Search case trajectory under new administration, increasing value contribution from cloud business, and new disclosures or cost cuts under new CFO.
However, Post lowered estimates for recent US dollar appreciation and lowered 2025 EPS to below-Street $8.78 (from $8.96). The price target boost reflects 2026 GAAP EPS of $10.06 (versus $10.31 previously) and a lower 21x multiple (versus 22x previously), plus cash.
Price Action: GOOGL stock is up 0.04% at $191.16 at last check Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/42872581/microns-7-billion-bet-on-ai-driven-memory-singapore-facility-set-to-boost-innovation-and-jobs" target="_blank" rel="noreferrer noopener">Micron&#8217;s $7 Billion Bet on AI-Driven Memory In Singapore Facility Set to Boost Innovation</a></li>
</ul>
Photo: Shutterstock

Reiteration

Google Stock Boosted By AI Growth, Cloud Expansion, Cost Discipline Despite DOJ And Generative AI Challenges: Analyst

A new report says electric vehicle leader Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) could be off to a good start with its new Model Y <a href="https://www.benzinga.com/tech/25/01/42905406/tesla-launches-refreshed-model-y-in-china-amid-rising-competition">refresh in China.</a>
What Happened: Tesla recently unveiled its new Model Y refresh that will be available in China and other select markets as it looks to grow <a href="https://www.benzinga.com/electric-vehicles">its electric vehicle</a> share in the region.
The electric vehicle company got 50,000 Model Y preorders on the first day of availability, according to a <a href="https://electrek.co/2025/01/13/tesla-receives-50000-orders-for-new-model-y-on-first-day-report-says/">report </a>from Electrek, <a href="https://carnewschina.com/2025/01/13/new-tesla-model-y-juniper-received-50000-orders-on-launch-day-source-says/">citing </a>Car News China.
The 50,000 figure would be sizable given the fact Tesla delivered a reported 480,000 Model Ys in China in all of 2024, a figure that was up 5% year-over-year. The 50,000 orders represent more than an average month's sales of the Tesla vehicle in the country.
Strong orders out of the gate could indicate pent-up demand for the Model Y refresh and come after EV owners have been expecting the new vehicle for around a year.
Deliveries of the new Model Y are expected to start in China in March.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/10/41501607/tesla-q3-earnings-highlights-eps-beat-revenue-miss-shares-climb-on-2025-timeline-for-lower-cost-evs">Tesla Q3 Earnings Highlights: EPS Beat, Revenue Miss, Shares Climb On 2025 Timeline For Lower-Cost EVs</a>
Why It's Important: The Model Y refresh is one of the most anticipated vehicles in the Tesla lineup and could come at a time when the company is between new vehicle models after the Cybertruck release in 2023.
The refreshed Model Y is only available for order in China and neighboring regions and has not yet been introduced in North America or Europe.
The vehicle refresh comes as more competition has entered the electric vehicle market and hurt Tesla's market share<a href="https://www.benzinga.com/news/management/25/01/42901570/warren-buffett-backed-byd-launches-australias-first-ev-under-30k-how-the-move-could-strengthen-fight-against-elon-musks-tesla"> in several regions</a>, including the U.S.
Tesla delivered 1.79 million vehicles <a href="https://www.benzinga.com/trading-ideas/movers/25/01/42766117/tesla-stock-tumbles-on-q4-deliveries-whats-going-on">globally in 2024,</a> down from 1.81 million in the previous year. This marked the first full-year deliveries decline on a year-over-year basis in company history.
The Model Y was recently <a href="https://www.benzinga.com/trading-ideas/25/01/42978236/us-electric-vehicle-sales-hit-record-1-3-million-units-in-2024-despite-tesla-declines-top-10-bestselling-models-list">named the bestselling </a>EV in the U.S. for 2024 with 372,613 units sold. This figure was down 6.6% year-over-year. A potential Model Y refresh in the U.S. in 2025 could help the model see strong sales for the year as EV owners and Tesla fans wait for new models to become available in the coming years.
TSLA Price Action: Tesla stock is up 0.42% to $405 on Tuesday at publication versus a 52-week trading range of $138.80 to $488.54. Tesla stock is up 84% over the last year.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/25/01/42950414/tesla-stock-sold-by-europes-largest-pension-fund-in-q3-we-had-a-problem-with-musk-pay">Tesla Stock Sold By Europe&#8217;s Largest Pension Fund In Q3: &#8216;We Had A Problem&#8217; With Musk Pay</a></li>
</ul>
Photo: Shutterstock

TSLA

Tesla Model Y Refresh Gets 50,000 Reservations In China On First Day: Could Update Help EV Leader In 2025?

Raymond James analyst Ryan Deschner maintains ARS Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRY#NASDAQ">SPRY</a>) with a Strong Buy and raises the price target from $26 to $28.

SPRY

Raymond James Maintains Strong Buy on ARS Pharmaceuticals, Raises Price Target to $28

Thornburg International Equity Fund Q3 2024 Commentary

J.P. Morgan analyst Andrew Wilson CFA maintained a Hold rating on ABB Ltd (0NX2 – Research Report) today and set a price target of CHF51.00. The co...

J.P. Morgan Keeps Their Hold Rating on ABB Ltd (0NX2)

ABB Ltd (0NX2 – Research Report) received a Sell rating and a CHF45.00 price target from Bernstein analyst Nick Green today. The company's shares c...

Bernstein downgrades ABB Ltd (0NX2) to a Sell

Bernstein downgraded ABB (ABBNY) to Underperform from Market Perform with a price target of CHF 45, down from CHF 46. Given a lack of order momentu...

ABB downgraded to Underperform from Market Perform at Bernstein

In a report released today, Simon Toennessen from Jefferies maintained a Hold rating on ABB Ltd (0NX2 – Research Report), with a price target of CH...

Jefferies Sticks to Its Hold Rating for ABB Ltd (0NX2)

In a report released today, George Featherstone from Barclays maintained a Sell rating on ABB Ltd (0NX2 – Research Report), with a price target of ...

ABB Ltd (0NX2) Gets a Sell from Barclays

In a report released today, Andrew Wilson CFA from J.P. Morgan maintained a Hold rating on ABB Ltd (0NX2 – Research Report), with a price target of...

J.P. Morgan Remains a Hold on ABB Ltd (0NX2)

RBC Capital analyst Mark Fielding maintained a Hold rating on ABB Ltd (0NX2 – Research Report) today and set a price target of CHF46.00. The compan...

RBC Capital Reaffirms Their Hold Rating on ABB Ltd (0NX2)

The Challenges Of The Energy Transition And 26 Companies That Might Benefit From It

In a report released today, Andrew Wilson CFA from J.P. Morgan maintained a Hold rating on ABB Ltd (0NX2 – Research Report). The company's shares c...

J.P. Morgan Reaffirms Their Hold Rating on ABB Ltd (0NX2)

ABBNY

ABLZF

CSIQ

ENAKF

ENLAY

ENPH

EONGY

EOSE

EOSEW

ESOCF

FDVWF

FLNC

FRVWY

FSLR

HTHIF

HTHIY

NEEXU

NEXNY

NGGTF

NNGPF

NNGRY

NRDXF

NRXXY

NXPRF

PRYMF

PRYMY

RHHBF

RHHBY

RHHVF

SBGSF

SBGSY

SEDG

SMEGF

SMNEY

SMTGF

SMTGY

SNEJF

SONY

STEM

TERRF

TEZNY

TSMWF

TTFNF

VWDRY

VWSYF

XJNGF

XNJJY

Press Releases

Deutsche Bank Appointed as Successor Depositary Bank for the American Depositary Receipt Program of ABB Ltd

NMG Gears Up for the Construction of the Phase-2 Matawinie Mine with Substation Contract, Engagement with Contractors and Contribution to Community's Economic Vitality

Comments

ABB

Intérêt court

ABB (OTC:ABBNY) Stock, Rapport sur les intérêts à découvert

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL