Analysts are Revising Prices Targets of These 10 Stocks Following Earnings

Published on December 6, 2022 at 11:52 am by Fahad Ali Khan in News

In this article, we will look at the 10 stocks that recently received revised price targets from analysts after their recent earnings. If you want to see more such stocks on the list, go directly to Analysts are Revising Prices Targets of These 5 Stocks Following Earnings.

Notable stocks, including Marvell Technology, Inc. (NASDAQ:MRVL), Dollar General Corporation (NYSE:DG) and The Kroger Co. (NYSE:KR), recently released financial results for their respective quarters.

Subsequently, analysts trimmed their price targets for Marvell Technology, Inc. (NASDAQ:MRVL) and Dollar General Corporation (NYSE:DG) after the two companies failed to meet earnings expectations. On the other hand, The Kroger Co. (NYSE:KR) received a price target cut despite topping expectations for its fiscal third quarter.

In addition, UiPath Inc. (NYSE:PATH) and Smartsheet Inc. (NYSE:SMAR) also received updated price targets from analysts following their recent earnings. Check out the complete article to find out the new price targets for these stocks.

10. ChargePoint Holdings, Inc. (NYSE:CHPT)

Number of Hedge Fund Holders: 13

R.F. Lafferty lowered its price target for ChargePoint Holdings, Inc. (NYSE:CHPT) from $34 per share to $28 per share on Friday, December 2. The research firm was primarily moved by the company’s Q3 earnings miss and gross margin erosion.

ChargePoint Holdings, Inc. (NYSE:CHPT) recently reported a loss of 25 cents per share for its fiscal third quarter, wider than a loss of 20 cents per share estimated by analysts. The quarterly revenue of $125 million also missed the expectations of $132.3 million.

On the bright side, ChargePoint Holdings, Inc. (NYSE:CHPT) raised its full-year sales outlook to a range of $475 – $480 million, from its previous projection between $450 – $500 million.

9. The Toronto-Dominion Bank (NYSE:TD)

Number of Hedge Fund Holders: 22

Canaccord improved its price target for The Toronto-Dominion Bank (NYSE:TD) from C$95 per share to C$103 per share on Friday, December 2, following the bank’s earnings beat for its fiscal fourth quarter.

Citing the First Horizon acquisition, analyst Scott Chan said The Toronto-Dominion Bank (NYSE:TD) can now produce above-average growth. Chan also upgraded the Canadian bank from “Hold” to “Buy.”

The Toronto-Dominion Bank (NYSE:TD) recently reported adjusted earnings of C$2.18 per share for its fiscal fourth quarter, up from C$2.09 per share in the year-ago period and above expectations of C$2.06.

8. UiPath Inc. (NYSE:PATH)

Number of Hedge Fund Holders: 26

UiPath Inc. (NYSE:PATH) last week surprised investors by reporting a profit. As a result, Mizuho analyst Siti Panigrahi increased his price target for the software company from $14 per share to $15 per share on Friday, December 2. Panigrahi also praised the company’s solid outlook for the current quarter despite macro challenges.

UiPath Inc. (NYSE:PATH) reported adjusted earnings of 5 cents per share for the three months ended October 31, contrary to the consensus estimate calling for a loss of 3 cents per share. Revenue for the quarter jumped 19 percent on a year-over-year basis to $262.7 million, crushing expectations of $248.51 million.

Looking forward, UiPath Inc. (NYSE:PATH) expects revenue in the range of $277 – $279 million for the current quarter.

7. Veeva Systems Inc. (NYSE:VEEV)

Number of Hedge Fund Holders: 42

Needham recently lifted its price target for Veeva Systems Inc. (NYSE:VEEV) from $205 per share to $220 per share, citing the company’s strong third-quarter results.

Veeva Systems Inc. (NYSE:VEEV) last week reported adjusted earnings of $1.13 per share, compared to 97 cents per share in the year-ago period. Revenue for the quarter increased to $552.4 million, from $476.1 million in the corresponding period of 2021. The results exceeded the consensus of $1.07 per share for earnings and $546.04 million for revenue.

Like Veeva Systems Inc. (NYSE:VEEV), analysts also updated their price targets for Marvell Technology, Inc. (NASDAQ:MRVL), Dollar General Corporation (NYSE:DG) and The Kroger Co. (NYSE:KR).

6. Smartsheet Inc. (NYSE:SMAR)

Number of Hedge Fund Holders: 49

Shares of Smartsheet Inc. (NYSE:SMAR) rallied nearly 17 percent on Friday, December 2, after the Washington-based company posted a narrower-than-expected loss for its fiscal third quarter.

Smartsheet Inc. (NYSE:SMAR) reported an adjusted loss of 1 cent per share, while analysts were looking for a loss of 15 cents per share. Revenue came in at $199.6 million, beating the expectations of $194 million.

For its fiscal fourth quarter Smartsheet Inc. (NYSE:SMAR) expects revenue in the range of $205 – $207 million, representing a growth of 30 – 32 percent on a year-over-year basis. The outlook was also better than the consensus of $204 million.

Several research firms raised their price targets for Smartsheet Inc. (NYSE:SMAR) following its recent earnings. DA Davidson increased its price target from $40 to $45, RBC Capital raised its price target from $32 to $36 and BMO Capital improved its price target from $38 to $41.

Click to continue reading and see Analysts are Revising Prices Targets of These 5 Stocks Following Earnings.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on November 14, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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