Truist's upgrade centers on two key arguments. First, the firm believes that the improving program mix and further progress on development contracts lends more confidence that estimate-at-completion charges should potentially moderate in coming periods - a direct response to the EAC adjustments that have repeatedly pressured margins. Second, new CFO Chris Edmunds has set low and achievable targets for 2026, which frames the guidance range of $450 million to $500 million in revenue as a floor rather than a stretch.
But zoom out, and the picture changes dramatically. The stock is up 31% over the past month and 63% year-to-date, riding a wave of AI storage demand that's reshaping the data center landscape. While the broader semiconductor sector, tracked by the VanEck Semiconductor ETF (NYSEARCA:SMH), gained 1.51% this week and 13% year-to-date, Western Digital's outperformance tells a specific story about who's winning in AI infrastructure.
Helping, Deutsche Bank upgraded ALB to a buy rating with a $185 price target. Analysts at Baird also upgraded ALB to a buy with a price target of $210. "We are incrementally positive given the recent increase in lithium prices... and our view that demand strength stemming from stationary storage will continue to propel ALB higher," Baird analysts wrote, as noted by Seeking Alpha. Analysts at Truist also just upgraded ALB to a buy rating with a price target of $205.
Nowadays, we're told quantum computing will be the next big thing. All with the ability to solve problems far too complex for typical computers within minutes, or even seconds. In fact, "Overall, the global quantum computing market is expected to grow from $1.6 billion in 2025 to $7.3 billion by 2030, according to BCC Research. That represents a compound annual growth rate of 34.6% over the next five years," added U.S. News & World Report.
Should cloud industry supply constraints sustain, see management expectation for doubling AWS capacity by '27 supporting multi-quarter revenue acceleration. Estimate new capacity could add $150B in annual revenue, driving material upside potential to '27/'28 estimates,
Palantir Technologies shares gained 6.43% over the past five trading sessions and have risen 114.59% in the last six months, with a dramatic 1,515% increase since its IPO.
