Marqeta (NASDAQ:MQ) 株価情報

Marqeta

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.

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<p>Wells Fargo  analyst Michael Brown   maintains Blue Owl Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) with a Equal-Weight and raises the price target from $19 to $20.</p>


News

Price Target

Analyst Ratings

Wells Fargo Maintains Equal-Weight on Blue Owl Capital, Raises Price Target to $20

<p>Another week, another wave of headlines reshaping the <a href="https://www.benzinga.com/cannabis">cannabis</a> world. Maryland legalizes consumption lounges—but no smoking allowed. Hawaii expands medical access but adds a controversial surveillance clause. In Canada, Cannara posts a record quarter, SNDL launches a strategic review and Aurora reinvents its flagship site.</p>
<p>Meanwhile, George Clinton and Wiz Khalifa debut a new pre-roll line, New York quietly approaches $1.5 billion in legal cannabis sales, and THC seltzers make it to morning TV. A new cannabinoid is discovered. Trump's DEA pick dodges questions on rescheduling. And major ETFs rally on the speculation.</p>
<p>From THC cocktails to failed Florida hemp bills, here's everything you need to know.</p>
<h2 class="wp-block-heading">Financials</h2>
<h3 class="wp-block-heading">Cannara Biotech Posts Record Quarter</h3>
<p><strong>Cannara Biotech</strong> (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/LOVFF#OTCQB">LOVFF</a>) reported its sixteenth consecutive quarter of positive adjusted EBITDA, with net revenues rising 35% year-over-year to CA$26.6 million in Q2 2025. The company saw notable market share gains in Quebec, Ontario and Alberta, while gross profit grew 52% to CA$10.8 million. CEO Zohar Krivorot emphasized upcoming grow zone activations and product launches.</p>
<h3 class="wp-block-heading">SNDL Misses Revenue, Launches Strategic Review</h3>
<p><strong>SNDL</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDL#NASDAQ">SNDL</a>) reported Q1 2025 revenue of CA$204.9 million, missing analyst expectations by nearly CA$38 million. Still, cannabis segments grew by 16.8%, and CEO Zach George highlighted record gross margins and free cash flow gains. SNDL's board has initiated a strategic review, exploring a shift away from major exchanges to increase flexibility with U.S. assets.</p>
<p><a href="https://www.benzinga.com/25/05/45138704">Read more on Benzinga</a></p>
<h3 class="wp-block-heading">Aurora Rebrands Flagship Grow Facility</h3>
<p><strong>Aurora Cannabis</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>) announced the completion of a CA$3 million upgrade to its Pemberton, BC site—now renamed <strong>Aurora Alpine</strong>. The facility hit record potency levels (33.7% THC) and doubled its output. It's now central to Aurora's export strategy and GACP-certified for global distribution.</p>
<h3 class="wp-block-heading">POSaBIT Improves Margins, Expands Ecommerce</h3>
<p><strong>POSaBIT</strong> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/POSAF#OTC">POSAF</a>) reported a 19% year-over-year increase in adjusted gross profit and cut OpEx by 35%. Despite a 65% drop in reported revenue, the company says its adjusted financials reflect operational stability. CEO Ryan Hamlin emphasized growth in Washington and success of the new ecommerce platform.</p>
<h3 class="wp-block-heading">Red White &amp; Bloom Restructures CA$145M In Debt</h3>
<p><strong>Red White &amp; Bloom</strong> (CSE:<a class="ticker" href="https://www.benzinga.com/stock/RWB#CSE">RWB</a>) eliminated conversion rights on CA$145M in debt—avoiding 198 million potential shares—and extended maturity dates through 2026–27. All payments are deferred, with CA$2.5 million in annual interest savings. A Management Cease Trade Order is in effect while the company completes its audit.</p>
<h2 class="wp-block-heading">Product Launches</h2>
<h3 class="wp-block-heading">George Clinton And Wiz Khalifa Drop &#8216;THE FUNK&#8217;</h3>
<p><strong>Planet 13</strong> (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/PLNHF#OTCQX">PLNHF</a>) hosted the exclusive launch of <strong>THE FUNK</strong>, an infused pre-roll line from George Clinton and Wiz Khalifa. Sold under the Khalifa Kush umbrella, the launch featured a fan meet-and-greet in Las Vegas and promises more drops soon.</p>
<p><a href="https://www.benzinga.com/markets/cannabis/25/04/45074846">Read more on Benzinga</a></p>
<h3 class="wp-block-heading">Shift Naturals Ups the Dose</h3>
<p><strong>Shift Naturals</strong> released a THC cocktail variety pack with 4mg THC and 12mg CBD per can, a step up from its original DownShift product. The drinks come in Margarita, Paloma and Ginger Sour, and aim to offer an alcohol-free, mellow experience rooted in "plant-based science."</p>
<h2 class="wp-block-heading">Regulatory News</h2>
<h3 class="wp-block-heading">Maryland Legalizes Cannabis Lounges—Sort Of</h3>
<p>Governor Wes Moore signed SB 215, allowing cannabis lounges in Maryland—so long as there's no smoking. Instead, edibles and 5mg THC drinks (made by licensed operators) will be permitted on-site.</p>
<p><a href="https://www.marijuanamoment.net/maryland-governor-signs-bill-legalizing-smokeless-marijuana-consumption-lounges/">Continue reading on Marijuana Moment</a></p>
<h3 class="wp-block-heading">Hawaii Expands Medical Access, Raises Privacy Flags</h3>
<p>Hawaii lawmakers passed HB 302, allowing doctors to recommend cannabis for any condition they see fit. But advocates raised alarms over new provisions letting the health department access patient records without suspicion or a warrant.</p>
<p><a href="https://www.marijuanamoment.net/hawaii-lawmakers-send-medical-marijuana-reforms-to-governor-including-letting-patients-qualify-for-any-condition-a-doctor-sees-fit/">Continue reading on Marijuana Moment</a></p>
<h3 class="wp-block-heading">Florida Hemp Regulation Bill Dies</h3>
<p>Florida lawmakers failed to reconcile competing hemp bills before the end of session. Rep. Michelle Salzman cited "stylistic differences" between chambers. The issue is expected to return next session.</p>
<p><a href="https://floridapolitics.com/archives/735443-hemp-regulation-bill-snuffed-out/">Read more on Florida Politics</a></p>
<h3 class="wp-block-heading">Cayman Islands Voters Back Decriminalization</h3>
<p>Voters in the Cayman Islands approved a non-binding referendum supporting cannabis decriminalization. Specifics remain undecided, but the measure signals growing regional momentum.</p>
<p><a href="https://www.marijuanamoment.net/cayman-islands-voters-approve-marijuana-decriminalization-referendum/">Continue reading on Marijuana Moment</a></p>
<h2 class="wp-block-heading">Retail Trends</h2>
<h3 class="wp-block-heading">Canada Retail Sales Dip</h3>
<p>StatsCan reported CA$404.7 million in cannabis sales for February 2025, down 7.6% from January but up 0.6% year-over-year. Quebec posted an 18% annual decline, while Ontario rose 9% despite an 8.5% drop from January.</p>
<h3 class="wp-block-heading">Illinois Q1 Sales Fall 6%</h3>
<p>Beacon Securities reported Illinois cannabis sales totaled $482 million in Q1 2025, down 6% from Q4. March sales were $170 million, down 3% from a year ago.</p>
<h3 class="wp-block-heading">New York Approaches $1.5B In Sales</h3>
<p>New York's 2024 market report shows total licensed cannabis sales nearing $1.5 billion. The number of stores tripled to 260 last year, with 81% of retail licenses held by social and economic equity applicants.</p>
<h2 class="wp-block-heading">Politics</h2>
<h3 class="wp-block-heading">Trump's DEA Pick Walks a Tightrope</h3>
<p>Terrance Cole, Trump's nominee for DEA chief, told Congress that rescheduling marijuana would be a top priority. But he declined to support moving cannabis to Schedule III, saying he needed more time to evaluate the science. His prior comments and law enforcement background have left stakeholders split.</p>
<p><a href="https://www.benzinga.com/government/regulations/25/04/45113866/donald-trumps-dea-nominee-reviewing-cannabis-rescheduling-will-be-one-of-my-first-priorities">Read more on Benzinga</a></p>
<p><a href="https://www.cannabisbusinesstimes.com/cannabis-rescheduling/news/15744461/deas-likely-administrator-refuses-to-commit-to-schedule-iii-proposal-for-cannabis">Also, read the contrasting view on Cannabis Business Times</a></p>
<h3 class="wp-block-heading">Matt Gaetz: ‘Reparations' Are Blocking Legalization</h3>
<p>Former congressman Matt Gaetz claimed cannabis reform is stalling because some Democrats tie legalization to reparations. Mason Tvert, his guest, pushed back, pointing to the need for equity after decades of harm. The interview also referenced clemency discussions at the White House and Trump-aligned PAC ads attacking Biden's cannabis record.</p>
<p><a href="https://www.marijuanamoment.net/trumps-first-attorney-general-pick-shares-theory-about-why-marijuana-hasnt-been-federally-legalized-yet/">Read more on Marijuana Moment</a></p>
<h2 class="wp-block-heading">Science</h2>
<h3 class="wp-block-heading">New Cannabinoid Shows Antitumor Potential</h3>
<p>South Korean researchers discovered a new cannabinoid, cannabielsoxa, among 11 compounds studied for anticancer effects. Seven showed strong inhibition of neuroblastoma cells. The discovery adds to growing evidence supporting cannabis in cancer care.</p>
<p><a href="https://www.marijuanamoment.net/researchers-announce-theyve-discovered-a-new-cannabinoid-in-marijuana/">Continue reading on Marijuana Moment</a></p>
<h2 class="wp-block-heading">Market Movers</h2>
<h3 class="wp-block-heading">THC Seltzers Hit National TV</h3>
<p>THC-infused drinks were featured on Good Morning America, highlighting mainstream curiosity about "gardening beverages." The market could hit $4 billion by 2028, per Euromonitor, but regulation remains fragmented across states.</p>
<h3 class="wp-block-heading">Cannabis ETFs Surge</h3>
<p>The MSOS ETF gained nearly 9% this week as optimism grew around DEA rescheduling. Beacon Securities noted investor attention is now focused on Q1 earnings from the Big Five MSOs, expected next week.</p>
<h2 class="wp-block-heading">Industry Impact</h2>
<h3 class="wp-block-heading">MJBiz Forecasts $123.6B Economic Impact</h3>
<p>The MJBiz Factbook projects legal cannabis will contribute $123.6 billion to the U.S. economy in 2025. That includes $35.3 billion in direct sales and $88.3 billion in indirect activity, using a 2.5x multiplier. Despite stalled federal reform, new markets like New York and Ohio are fueling the next wave.</p>
<p><a href="https://mjbizdaily.com/marijuana-industry-will-add-123-6-billion-to-us-economy-this-year/">Read more on MJBizDaily</a></p>
<h2 class="wp-block-heading">Recommended Reads</h2>
<ul>
<li><a href="https://www.forbes.com/sites/javierhasse/2025/05/01/this-one-decision-is-costing-america-up-to-10-billion-a-year/">This One Decision Could Cost America Up To $10 Billion A Year</a> — <em>Forbes</em></li>
<li><a href="https://www.benzinga.com/markets/cannabis/25/04/42034019/wiz-khalifa-talks-smoking-with-snoop-dreaming-of-bob-marley-riding-horses-with-lenny-kravitz-and">Wiz Khalifa on Marley, Snoop and Weed in Germany</a> — <em>Benzinga</em></li>
<li><a href="https://www.forbes.com/sites/javierhasse/2025/04/29/how-a-military-grad-turned-a-coffee-table-disaster-into-a-pink-cannabis-empire/">How A Military Grad Built a Pink Cannabis Empire</a> — <em>Forbes</em></li>
</ul>
<h2 class="wp-block-heading">Until Next Time…</h2>
<p>From policy pivots to celebrity product drops, the cannabis world isn't slowing down. We'll be back next Friday with more headlines, earnings and insight to keep you ahead of the curve.</p>
<p>In the meantime, <a href="https://x.com/JavierHasse">follow me on X</a> for real-time updates.</p>
<p>Stay informed. Stay curious.</p>


Cannabis

Earnings

Politics

CSE:RWB

LOVFF

PLNHF

POSAF

SNDL

This Week In Cannabis: Maryland Opens Lounges, DEA Wavers, Retail Trends Shift And More

<p>Wells Fargo  analyst Michael Brown   maintains KKR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>) with a Overweight and raises the price target from $120 to $136.</p>


Wells Fargo Maintains Overweight on KKR, Raises Price Target to $136

<p>Wells Fargo  analyst Zachary Fadem   maintains Floor &amp; Decor Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) with a Overweight and lowers the price target from $80 to $75.</p>


Wells Fargo Maintains Overweight on Floor & Decor Hldgs, Lowers Price Target to $75

<p><strong>Exelon Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXC#NASDAQ">EXC</a>) reported better-than-expected earnings for the <a href="https://www.benzinga.com/quote/EXC/earnings">first quarter on Thursday</a>.</p>
<p>The company posted quarterly earnings of 92 cents per share which beat the analyst consensus estimate of 88 cents per share. The company reported quarterly sales of $6.71 billion which beat the analyst consensus estimate of $6.59 billion.</p>
<p>&#8220;The first quarter has put us firmly on the path to deliver within our full-year earnings guidance, through our unwavering commitment to safety, reliability and efficient execution of investments for our customers,&#8221; said Exelon President and Chief Executive Officer Calvin Butler. &#8220;As Exelon celebrates our 25th year, our 20,000 employees continue to work hard to deliver value to our customers and positively impact the communities we serve.&#8221;</p>
<p>Exelon affirmed FY2025 adjusted EPS guidance of $2.64-$2.74, versus market estimates of $2.70.</p>
<p>Exelon shares fell 0.2% to trade at $46.49 on Friday.</p>
<p>These analysts made changes to their price targets on Exelon following earnings announcement.</p>
<ul>
<li>Evercore ISI Group analyst Durgesh Chopra maintained Exelon with an In-Line rating and raised the price target from $48 to $51.</li>
<li>Guggenheim analyst Shahriar Pourreza maintained the stock with a Buy and raised the price target from $47 to $50.</li>
<li>Wells Fargo analyst Neil Kalton maintained Exelon with an Equal-Weight rating and increased the price target from $46 to $50.</li>
</ul>
<p><strong>Considering buying EXC stock? Here&#8217;s what analysts think:</strong> </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="603" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02141015/image-29-1024x603.png" alt="" class="wp-image-899794" style="width:607px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02141015/image-29-1024x603.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02141015/image-29-300x177.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02141015/image-29-768x452.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02141015/image-29.png 1108w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read This Next:</strong></p>
<ul>
<li><strong> <a href="https://www.benzinga.com/news/earnings/25/05/45164963/how-to-earn-500-a-month-from-tyson-foods-stock-ahead-of-q2-earnings">How To Earn $500 A Month From Tyson Foods Stock Ahead Of Q2 Earnings</a></strong> </li>
</ul>
<p>Photo via Shutterstock</p>


Markets

Trading Ideas

These Analysts Increase Their Forecasts On Exelon After Strong Q1 Results

<p>Wells Fargo  analyst Michael Turrin   maintains Atlassian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) with a Overweight and lowers the price target from $330 to $315.</p>


TEAM

Wells Fargo Maintains Overweight on Atlassian, Lowers Price Target to $315

<p>Wells Fargo  analyst Jonathan Reeder   maintains California Water Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWT#NYSE">CWT</a>) with a Overweight and raises the price target from $54 to $59.</p>


Wells Fargo Maintains Overweight on California Water Servs Gr, Raises Price Target to $59

<p>Wells Fargo  analyst Jonathan Reeder   maintains American Water Works Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AWK#NYSE">AWK</a>) with a Equal-Weight and raises the price target from $142 to $147.</p>


Wells Fargo Maintains Equal-Weight on American Water Works Co, Raises Price Target to $147

<p>Wells Fargo  analyst Neil Kalton   maintains Southern (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>) with a Equal-Weight and raises the price target from $95 to $99.</p>


Wells Fargo Maintains Equal-Weight on Southern, Raises Price Target to $99

<p><strong>Consolidated Edison, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ED#NYSE">ED</a>) posted better-than-expected first-<a href="https://www.benzinga.com/quote/ED/earnings">quarter results on Thursday</a>.</p>
<p>The company posted adjusted earnings of $2.26 per share, beating market estimates of $2.20 per share. The company's quarterly sales came in at $4.80 billion versus expectations of $4.44 billion.</p>
<p>&#8220;We continue to deliver results through strong execution of our strategy, with robust investments in infrastructure to maintain our world-class reliability and support the clean energy transition,&#8221; said Tim Cawley, chairman and CEO of Con Edison. &#8220;Our ongoing investments focus on grid security, resiliency, and the growing demand for energy as our customers will increasingly rely on electricity for heating and transportation. We anticipate steady growth through the year and long term, and project nearly $72 billion in capital investments over the next 10 years helping ensure we continue to deliver for our customers while providing strong and stable returns for our investors.&#8221;</p>
<p>Consolidated Edison affirmed FY2025 adjusted EPS guidance of $5.50 to $5.70, versus market estimates of $5.63.</p>
<p>Consolidated Edison shares fell 2.6% to trade at $109.62 on Friday.</p>
<p>These analysts made changes to their price targets on Consolidated Edison following earnings announcement.</p>
<ul>
<li>Guggenheim analyst Shahriar Pourreza maintained Consolidated Edison with a Neutral and raised the price target from $96 to $103.</li>
<li>Wells Fargo analyst Sarah Akers maintained the stock with an Equal-Weight rating and raised the price target from $103 to $114.</li>
</ul>
<p><strong>Considering buying ED stock? Here&#8217;s what analysts think:</strong> </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="587" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02140405/image-2-10-1024x587.png" alt="" class="wp-image-899782" style="width:610px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02140405/image-2-10-1024x587.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02140405/image-2-10-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02140405/image-2-10-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02140405/image-2-10.png 1100w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read This Next: </strong></p>
<ul>
<li><strong>H<a href="https://www.benzinga.com/news/earnings/25/05/45164963/how-to-earn-500-a-month-from-tyson-foods-stock-ahead-of-q2-earnings">ow To Earn $500 A Month From Tyson Foods Stock Ahead Of Q2 Earnings</a></strong> </li>
</ul>
<p>Photo via Shutterstock</p>


Consolidated Edison Analysts Increase Their Forecasts Following Better-Than-Expected Results

<p>Wells Fargo  analyst Sarah Akers   maintains Pinnacle West Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNW#NYSE">PNW</a>) with a Equal-Weight and raises the price target from $95 to $98.</p>


Wells Fargo Maintains Equal-Weight on Pinnacle West Capital, Raises Price Target to $98

<p>U.S. stocks powered higher Friday after signs emerged that China may be open to negotiating a resolution to the fentanyl crisis, signaling a potential softening of trade tensions with the U.S. <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45172683/wall-street-eyes-9th-straight-day-of-gains-apple-falls-as-chinese-sales-disappoint-whats-driving-markets-friday">and lifting investor sentiment.</a></p>
<p>Sources close to the Wall Street Journal <a href="https://www.wsj.com/world/china/beijing-weighs-fentanyl-offer-to-u-s-to-start-trade-talks-287cf233">revealed </a>that Wang Xiaohong, China's minister of public security and a senior cabinet member, has been inquiring about what President <strong>Donald Trump</strong>'s team expects from China regarding its role in the production of fentanyl precursors.</p>
<p>The inquiry marks a possible turning point in the long-standing diplomatic standoff between Washington and Beijing.</p>
<h3 class="wp-block-heading">Markets Cheer Diplomatic Hopes</h3>
<p>The S&amp;P 500 Index jumped 1.5% to 5,685 points, on the way to its ninth straight day of gains and returning to levels last seen in late March.</p>
<p>Since hitting a short-term bottom in April, the <strong>SPDR S&amp;P 500 ETF Trust </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) has rallied 17.5%, showcasing the index's strong recovery and renewed investor confidence.</p>
<p>The <strong>Nasdaq 100</strong> rose even more aggressively during Friday trading, climbing 1.7% and above 20,100 points, driven by surging tech stocks. The index now trades at highs last seen on March 26.</p>
<p>Small caps staged an even sharper rebound. The <strong>Russell 2000 index</strong> – tracked by the <strong>iShares Russell 2000 ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) – rallied 2.3% to 2,020 points, erasing losses incurred after the April 2 tariff announcements. </p>
<h3 class="wp-block-heading">Beijing's Strategy: Leverage Fentanyl To Reset Trade Talks?</h3>
<p>According to people familiar with the matter, China is exploring the possibility of sending Wang Xiaohong to the U.S. or arranging a high-level meeting with U.S. officials in a neutral location. </p>
<p>The talks are described as fluid, but one consistent thread is that Beijing is seeking reciprocal movement from Washington on tariffs, WSJ reports.</p>
<p>The gesture could open the door to wider negotiations. On Friday, China's Commerce Ministry shifted its tone, stating that it was considering beginning discussions with the U.S. to halt the ongoing trade war. </p>
<p>This marked a notable departure from its earlier stance, where it demanded that the U.S. first roll back tariffs as a precondition for any dialogue.</p>
<p>The thaw in rhetoric comes at a critical moment for China's economy, which is grappling with a prolonged real estate slump, falling prices and subdued business sentiment. </p>
<h3 class="wp-block-heading">Tech Stocks Lead Friday&#8217;s Rally</h3>
<p>Several large-cap tech names were at the forefront of the Nasdaq's rally. Among the top gainers:</p>
<ul>
<li><strong>DexCom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXCM#NASDAQ">DXCM</a>)</strong> soared 15% to $80.80</li>
<li><strong>AppLovin Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>)</strong> gained 8.99% to $304.61</li>
<li><strong>Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>)</strong> advanced 6.32% to $122.69</li>
<li><strong>Old Dominion Freight Line Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>)</strong> climbed 5.84% to $159.35</li>
<li><strong>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)</strong> rose 5.7% to $122.83</li>
</ul>
<p>Among the worst performers were:</p>
<ul>
<li><strong>Atlassian Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>)</strong>, down 6.71% to $213.69</li>
<li><strong>Take-Two Interactive Software Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>)</strong>, off 5.62% to $221.95</li>
<li><strong>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</strong>, slipping 4% to $204.78</li>
<li><strong>Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>)</strong>, falling 2.53% to $276.59</li>
<li><strong>MercadoLibre Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>)</strong>, down 1.46% to $2,261.06</li>
</ul>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45164558/us-adds-177000-jobs-in-april-topping-forecasts-as-economy-navigates-tariff-impact">April Jobs Blow Past Expectations, But Tariff Storm May Be Brewing</a></strong></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Equities

Government

Large Cap

Macro Economic Events

Regulations

Broad U.S. Equity ETFs

Economics

Tech

ETFs

AAPL

AMGN

DXCM

MELI

ODFL

PLTR

TTWO

Nasdaq 100 Leads Wall Street Rally As China Signals Openness To Fentanyl Talks, Easing Trade Tensions

<p><strong>Block Inc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) shares are tanking on Friday after the company announced on Thursday <a href="https://www.benzinga.com/news/earnings/25/05/45152696/block-shares-drop-after-worse-than-expected-q1-results-details">downbeat first-quarter results</a>.</p>
<p>The announcement came amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.</p>
<h1 class="wp-block-heading"><strong>Benchmark On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee57ee7bf6000154d133/mark-palmer">Analyst <strong>Mark Palmer</strong></a> downgraded the rating from Buy to Hold.</p>
<p>Cash App generated gross profits of $1.38 billion, missing Street estimate of $1.42 billion, which contributed to "Block's shortfalls on other metrics," Palmer said in a note. The company reported gross payment volume (GPV) of $54.1 billion, short of consensus of $58 billion, and adjusted earnings of 56 cents per share, missing consensus 97 cents per share, he added.</p>
<p>"Management attributed Cash App's slowdown to softness in discretionary spending in categories like travel and entertainment," the analyst wrote. Management expects Block's gross profit growth to reaccelerate in the back half of the year, he further stated.</p>
<h1 class="wp-block-heading"><strong>KeyBanc Capital Markets On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6454c3bfaaeafc00016ab1c3/alex-markgraff">Analyst </a><strong><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6454c3bfaaeafc00016ab1c3/alex-markgraff">Alex Markgraff</a> </strong>maintained an Overweight rating, while cutting the price target from $65 to $60.</p>
<p>Block reported adjusted EBITDA of $812.8 million, which missed consensus of $783.4 million, Markgraff said. Management revised their full-year guidance lower, he added.</p>
<p>The downward revision in full-year guidance reflects further softening in the macro environment, the analyst stated. "New guidance still implies an acceleration in gross profit for both Cash App and Square through the balance of the year, though a lower absolute level," he further wrote.</p>
<h1 class="wp-block-heading"><strong>RBC Capital Markets On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5880b6f377f9dd00011b0ab2/matthew-hedberg">Analyst <strong>Daniel Perlin</strong></a> reiterated an Outperform rating, while lowering the price target from $86 to $63.</p>
<p>Cash App's GPV came in at $2.7 billion, down 32% year-on-year and 10% sequentially, Perlin said. The figure missed expectations by a wide margin, with consensus at $3.6 billion, he added.</p>
<p>"While GPV growth slowed meaningfully, April showed some improvement, giving management confidence in its 2H25 gross profit ramp," the analyst wrote. However, guidance was cut meaningfully, reflecting a more cautious macro outlook and continued Cash App woes, he further stated.</p>
<h1 class="wp-block-heading"><strong>JPMorgan On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58f777c10bd99100018a435e/tien-tsin-huang">Analyst <strong>Tien-tsin Huang</strong></a> reaffirmed an Overweight rating, while reducing the price target from $90 to $60.</p>
<p>Block posted "a rare top-line miss," with gross profits growing by 9% versus the 11% guidance, Huang said. This miss was due to a "surprise weakness" at Cash App, while Square modestly outperformed, he added.</p>
<p>"Guidance was cut to reflect a weaker macro beyond what was observed in April month, but still implies acceleration, though not quite as steep as before," the analyst wrote. Management lowered their gross profit growth guidance by three percentage points to 12%, he further stated.</p>
<p><strong>Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.</strong></p>
<h1 class="wp-block-heading"><strong>Needham On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/60216a57879cba00010f246b/david-williams">Analyst <strong>Mayank Tandon</strong></a> maintained a Buy rating, while cutting the price target from $90 to $60.</p>
<p>Block reported mixed first-quarter results, with "softer Cash App inflows and consumer spending pressures," Tandon said. Management expects macro conditions to lead to further spending pressures, reflected in their soft guidance for the second quarter and lowered 2025 outlook "across the board," he added.</p>
<p>"With international momentum holding steady combined with ongoing product roll-outs and expansions, we believe the growth runway remains large and growth could inflect higher in 2H25 even in the face of macro uncertainty," the analyst wrote.</p>
<h1 class="wp-block-heading"><strong>Canaccord Genuity On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5953a0d3988ca80001627cd8/joseph-vafi">Analyst <strong>Joseph Vafi</strong></a> reiterated a Buy rating, while lowering the price target from $100 to $80.</p>
<p>Cash App inflows were hurt during the tax refund season and its gross profit growth decelerated to 10% year-on-year in the first quarter, from 16% in the previous quarter, Vafi said.</p>
<p>The company lowered its 2025 gross profit projection to $9.9 billion, from its previous outlook of $10.22 billion, the analyst stated. "This outlook encompasses a healthy amount of conservatism as April trended better than what this outlook assumes," he further wrote.</p>
<h1 class="wp-block-heading"><strong>Stephens On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/624d5d9d72b50e0001afdf24/charles-nabhan">Analyst </a><strong><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/624d5d9d72b50e0001afdf24/charles-nabhan">Charles Nabhan</a> </strong>reaffirmed an Overweight rating and price target of $75.</p>
<p>Cash App's gross profit grew 9.7% to $1.38 billion, versus Street estimates of $1.42 billion, Nabhan said. &nbsp;The miss reflects "decelerating growth rates across all its major KPIs," he added.</p>
<p>"Cash App did face tougher comps with total GP growth +25% y/y in 1Q&#8217;24 and 7bps of monetization rate expansion (+1bp y/y in 1Q&#8217;25)," the analyst wrote. However, the slowdown in Cash App and reduced guidance will likely keep shares under pressure, he further stated.</p>
<h1 class="wp-block-heading"><strong>Seaport Global On Block</strong></h1>
<p><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/596cbbbf988ca80001cea513/jeff-cantwell">Analyst<strong> Jeff Cantwell</strong></a> downgraded the rating from Buy to Neutral.</p>
<p>"We had taken our estimates down for Block's Q1 heading into earnings, but apparently not by enough," Cantwell wrote in the downgrade note. Both the company's segments are generating sub-optimal growth, he added.</p>
<p>The analyst foresees further downside to Block&#8217;s numbers this year, despite the reduction in guidance. "Block simply is not an investable story to us at the moment," he wrote.</p>
<p><strong>XYZ Price Action:</strong> Shares of Block had declined by 19.70% to $46.96 at the time of publication on Friday.</p>
<p><strong>Read More:</strong> <strong><a href="https://www.benzinga.com/news/25/04/45045012/sabre-divests-hospitality-arm-tpg-plans-debt-reductioncore-platform-focus"> </a></strong><br />    • <strong><a href="https://www.benzinga.com/news/25/04/45045012/sabre-divests-hospitality-arm-tpg-plans-debt-reductioncore-platform-focus"><strong><u>Warren Buffett&#8217;s Compounders Crush Cathie Wood&#8217;s Disruptors Over The Long Haul</u></strong></a></strong></p>
<p><em>Photo: Shutterstock</em></p>


Analyst Color

Earnings Misses

Fintech news covering the emerging Financial Technology services sector

Fintech

Downgrades

Reiteration

Movers

Block Shares Crash On Cash App Miss: Analyst Says 'Not An Investable Story'

<p>Deep-pocketed investors have adopted a bullish approach towards Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in WFC usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 27 extraordinary options activities for Wells Fargo. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 48% leaning bullish and 37% bearish. Among these notable options, 9 are puts, totaling $935,005, and 18 are calls, amounting to $1,226,248.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $57.5 to $80.0 for Wells Fargo over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Wells Fargo's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Wells Fargo's whale activity within a strike price range from $57.5 to $80.0 in the last 30 days. </p>
<h3>Wells Fargo 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1746208995_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$15.25</td>
<td>$15.15</td>
<td>$15.25</td>
<td>$65.00</td>
<td>$455.9K</td>
<td>6.6K</td>
<td>305</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$2.88</td>
<td>$2.85</td>
<td>$2.87</td>
<td>$70.00</td>
<td>$287.0K</td>
<td>3.3K</td>
<td>1.2K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$1.89</td>
<td>$1.86</td>
<td>$1.88</td>
<td>$74.00</td>
<td>$282.0K</td>
<td>29</td>
<td>6</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$3.2</td>
<td>$3.15</td>
<td>$3.15</td>
<td>$67.50</td>
<td>$147.7K</td>
<td>4.1K</td>
<td>2.0K</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$19.55</td>
<td>$19.45</td>
<td>$19.55</td>
<td>$57.50</td>
<td>$142.7K</td>
<td>33</td>
<td>75</td>
</tr>
</tbody>
</table>
</p>
<h3>About Wells Fargo</h3>
<p>Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the US</p>
<p>After a thorough review of the options trading surrounding Wells Fargo, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Wells Fargo Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 10,997,784, the WFC's price is up by 3.02%, now at $73.98. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 70 days.</li>
</ul>
<h3>What The Experts Say On Wells Fargo</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $80.8.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on Wells Fargo with a target price of $84.<br />
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Wells Fargo, maintaining a target price of $80.<br />
&#x2A; An analyst from Piper Sandler persists with their Overweight rating on Wells Fargo, maintaining a target price of $75.<br />
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Wells Fargo with a target price of $87.<br />
&#x2A; Maintaining their stance, an analyst from Raymond James continues to hold a Strong Buy rating for Wells Fargo, targeting a price of $78. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Wells Fargo, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Wells Fargo's Options Frenzy: What You Need to Know

<p>Deep-pocketed investors have adopted a bearish approach towards Booking Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BKNG usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 114 extraordinary options activities for Booking Holdings. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 28% leaning bullish and 41% bearish. Among these notable options, 17 are puts, totaling $736,658, and 97 are calls, amounting to $10,754,647.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $3380.0 and $7300.0 for Booking Holdings, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In terms of liquidity and interest, the mean open interest for Booking Holdings options trades today is 53.66 with a total volume of 236.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Booking Holdings's big money trades within a strike price range of $3380.0 to $7300.0 over the last 30 days.</p>
<h3>Booking Holdings Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1746208990_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$722.8</td>
<td>$721.3</td>
<td>$722.8</td>
<td>$5100.00</td>
<td>$1.4M</td>
<td align="right">3</td>
<td align="right">22</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$627.7</td>
<td>$604.0</td>
<td>$611.2</td>
<td>$5100.00</td>
<td>$244.8K</td>
<td align="right">9</td>
<td align="right">5</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$1779.2</td>
<td>$1753.9</td>
<td>$1757.2</td>
<td>$3380.00</td>
<td>$175.7K</td>
<td align="right">52</td>
<td align="right">0</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/20/26</td>
<td>$895.9</td>
<td>$856.0</td>
<td>$872.5</td>
<td>$4800.00</td>
<td>$87.2K</td>
<td align="right">3</td>
<td align="right">1</td>
</tr>
<tr>
<td>BKNG</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$812.0</td>
<td>$784.8</td>
<td>$797.5</td>
<td>$5750.00</td>
<td>$79.7K</td>
<td align="right">13</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
</p>
<h3>About Booking Holdings</h3>
<p>Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, Rentalcars.com, Kayak, and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.</p>
<p>After a thorough review of the options trading surrounding Booking Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Booking Holdings Standing Right Now?</h3>
<ul>
<li>With a trading volume of 148,430, the price of BKNG is up by 0.98%, reaching $5151.35.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 90 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Booking Holdings</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $4969.2.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Booking Holdings, targeting a price of $4567.<br />
&#x2A; Consistent in their evaluation, an analyst from JMP Securities keeps a Market Outperform rating on Booking Holdings with a target price of $5700.<br />
&#x2A; An analyst from UBS persists with their Buy rating on Booking Holdings, maintaining a target price of $5557.<br />
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Booking Holdings with a target price of $4692.<br />
&#x2A; Maintaining their stance, an analyst from Cantor Fitzgerald continues to hold a Neutral rating for Booking Holdings, targeting a price of $4330. </p>
<p>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 Booking Holdings options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.</p>


BKNG

Booking Holdings Unusual Options Activity

<p><strong>New Jersey Resources</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NJR#NYSE">NJR</a>) is set to give its latest quarterly earnings report on Monday, 2025-05-05. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that New Jersey Resources will report an <strong>earnings per share</strong> (EPS) of $1.55. </p>
<p>The announcement from New Jersey Resources is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.</p>
<p>It's worth noting for new investors that guidance can be a key determinant of stock price movements.</p>
<h3>Performance in Previous Earnings</h3>
<p>In the previous earnings release, the company beat EPS by $0.23, leading to a 3.26% drop in the share price the following trading session.</p>
<p>Here's a look at New Jersey Resources's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q1 2025</strong></th>
<th><strong>Q4 2024</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.06</td>
<td>0.88</td>
<td>-0.01</td>
<td>1.32</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.29</td>
<td>0.89</td>
<td>-0.09</td>
<td>1.41</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-3.0%</td>
<td>-2.0%</td>
<td>2.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1746208984_0.png" alt="eps graph" /></p>
<h3>Market Performance of New Jersey Resources's Stock</h3>
<p>Shares of New Jersey Resources were trading at $48.91 as of May 01. Over the last 52-week period, shares are up 10.5%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analysts' Take on New Jersey Resources</h3>
<p>For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on New Jersey Resources.</p>
<p>New Jersey Resources has received a total of 2 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $52.5, the consensus suggests a potential 7.34% upside.</p>
<h3>Comparing Ratings with Peers</h3>
<p>In this analysis, we delve into the analyst ratings and average 1-year price targets of ONE Gas, Spire and National Fuel Gas, three key industry players, offering insights into their relative performance expectations and market positioning.</p>
<ul>
<li>Analysts currently favor an Buy trajectory for ONE Gas, with an average 1-year price target of $77.0, suggesting a potential 57.43% upside.</li>
<li>Analysts currently favor an Neutral trajectory for Spire, with an average 1-year price target of $80.33, suggesting a potential 64.24% upside.</li>
<li>Analysts currently favor an Neutral trajectory for National Fuel Gas, with an average 1-year price target of $81.0, suggesting a potential 65.61% upside.</li>
</ul>
<h3>Peer Metrics Summary</h3>
<p>The peer analysis summary outlines pivotal metrics for ONE Gas, Spire and National Fuel Gas, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>New Jersey Resources</td>
<td>Neutral</td>
<td>4.53%</td>
<td>$202.52M</td>
<td>5.82%</td>
</tr>
<tr>
<td>ONE Gas</td>
<td>Buy</td>
<td>4.09%</td>
<td>$222.11M</td>
<td>2.60%</td>
</tr>
<tr>
<td>Spire</td>
<td>Neutral</td>
<td>-6.84%</td>
<td>$457M</td>
<td>6.47%</td>
</tr>
<tr>
<td>National Fuel Gas</td>
<td>Neutral</td>
<td>4.59%</td>
<td>$250.05M</td>
<td>1.61%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>New Jersey Resources ranks in the middle among its peers for consensus rating. It is at the bottom for revenue growth. It is at the top for gross profit. It is at the bottom for return on equity.</p>
<h3>Delving into New Jersey Resources's Background</h3>
<p>New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include solar investments primarily in New Jersey and investments in several large midstream natural gas projects.</p>
<h3>New Jersey Resources: A Financial Overview</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> New Jersey Resources's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately <strong>4.53%</strong>. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Utilities sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> New Jersey Resources's net margin is impressive, surpassing industry averages. With a net margin of <strong>26.89%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> New Jersey Resources's ROE excels beyond industry benchmarks, reaching <strong>5.82%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> New Jersey Resources's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>1.85%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> New Jersey Resources's debt-to-equity ratio stands notably higher than the industry average, reaching <strong>1.55</strong>. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.</p>
<p><a href="https://www.benzinga.com/quote/NJR/earnings"><strong>To track all earnings releases for New Jersey Resources visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


A Look Ahead: New Jersey Resources's Earnings Forecast

<p>Deep-pocketed investors have adopted a bearish approach towards Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PANW usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for Palo Alto Networks. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 35% leaning bullish and 47% bearish. Among these notable options, 4 are puts, totaling $179,270, and 13 are calls, amounting to $1,351,996.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $110.0 to $210.0 for Palo Alto Networks during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Palo Alto Networks options trades today is 706.71 with a total volume of 2,066.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Palo Alto Networks's big money trades within a strike price range of $110.0 to $210.0 over the last 30 days.</p>
<h3>Palo Alto Networks 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1746208984_0_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PANW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$10.05</td>
<td>$9.95</td>
<td>$9.95</td>
<td>$200.00</td>
<td>$397.0K</td>
<td align="right">863</td>
<td align="right">859</td>
</tr>
<tr>
<td>PANW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$9.95</td>
<td>$9.7</td>
<td>$9.83</td>
<td>$200.00</td>
<td>$393.2K</td>
<td align="right">863</td>
<td align="right">459</td>
</tr>
<tr>
<td>PANW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$27.2</td>
<td>$27.0</td>
<td>$27.2</td>
<td>$170.00</td>
<td>$201.2K</td>
<td align="right">861</td>
<td align="right">76</td>
</tr>
<tr>
<td>PANW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$12.85</td>
<td>$12.2</td>
<td>$12.85</td>
<td>$180.00</td>
<td>$64.2K</td>
<td align="right">653</td>
<td align="right">50</td>
</tr>
<tr>
<td>PANW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$36.7</td>
<td>$36.0</td>
<td>$36.0</td>
<td>$205.00</td>
<td>$54.0K</td>
<td align="right">44</td>
<td align="right">15</td>
</tr>
</tbody>
</table>
</p>
<h3>About Palo Alto Networks</h3>
<p>Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three fourths of the Global 2000.</p>
<h3>Where Is Palo Alto Networks Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 2,193,416, with PANW's price up by 2.53%, positioned at $190.98.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 18 days.</li>
</ul>
<h3>Expert Opinions on Palo Alto Networks</h3>
<p>Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $188.67.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from HSBC has elevated its stance to Hold, setting a new price target at $156.<br />
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Palo Alto Networks with a target price of $205.<br />
&#x2A; Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on Palo Alto Networks with a target price of $205. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Palo Alto Networks, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.</p>


PANW

Spotlight on Palo Alto Networks: Analyzing the Surge in Options Activity

<p>Wells Fargo  analyst Sarah Akers   maintains Idacorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDA#NYSE">IDA</a>) with a Equal-Weight and raises the price target from $121 to $125.</p>


Wells Fargo Maintains Equal-Weight on Idacorp, Raises Price Target to $125

<p>Wells Fargo  analyst Neil Kalton   maintains Exelon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXC#NASDAQ">EXC</a>) with a Equal-Weight and raises the price target from $46 to $50.</p>


Wells Fargo Maintains Equal-Weight on Exelon, Raises Price Target to $50

<p>4 analysts have shared their evaluations of AXT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXTI#NASDAQ">AXTI</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for AXT, revealing an average target of $4.94, a high estimate of $6.00, and a low estimate of $4.25. Highlighting a 5.9% decrease, the current average has fallen from the previous average price target of $5.25. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1746208865_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive AXT. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dave Kang</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$4.50</td>
<td>$6.00</td>
</tr>
<tr>
<td>Matt Bryson</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$4.25</td>
<td>$4.50</td>
</tr>
<tr>
<td>Dave Kang</td>
<td>B. Riley Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$6.00</td>
<td>$5.50</td>
</tr>
<tr>
<td>Charles Shi</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$5.00</td>
<td>$5.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to AXT. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of AXT compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of AXT's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into AXT's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/AXTI/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage"><strong>Stay up to date on AXT analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">you can start by tracking it here</a>.</p>
<h2>About AXT</h2>
<p>AXT Inc is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.</p>
<h3>Key Indicators: AXT's Financial Health</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> AXT's revenue growth over a period of 3M has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately <strong>22.89%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.</p>
<p><strong>Net Margin:</strong> AXT's net margin is impressive, surpassing industry averages. With a net margin of <strong>-20.45%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> AXT's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>-2.66%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> AXT's ROA excels beyond industry benchmarks, reaching <strong>-1.48%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> AXT's debt-to-equity ratio stands notably higher than the industry average, reaching <strong>0.26</strong>. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
<p>Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag"><strong>Click here for urgent details</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


AXTI

A Glimpse Into The Expert Outlook On AXT Through 4 Analysts

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