The average one-year price target for TPG (BIT:1TPG) has been revised to €49.41 / share. This is a decrease of 15.60% from the prior estimate of €58.55 dated April 9, 2026. The price target is an average of many targets provided by analysts. The latest targets
The average one-year price target for TPG (BIT:1TPG) has been revised to €49.41 / share. This is a decrease of 15.60% from the prior estimate of €58.55 dated April 9, 2026. The price target is an average of many targets provided by analysts. The latest targets
Sundry Photography/iStock Editorial via Getty Images Applied Materials, Inc. ( AMAT ) has returned a stellar ~185% in the past year, beating the semiconductor industry ( SMH ), which returned ~135% in the same period. The stock isn't cheap in absolute and relative terms—forward P/E of ~32x against ~23x for the sector. But the stock offers a compelling play to ride the structural tailwinds of AI-dr...
Sundry Photography/iStock Editorial via Getty Images Applied Materials, Inc. ( AMAT ) has returned a stellar ~185% in the past year, beating the semiconductor industry ( SMH ), which returned ~135% in the same period. The stock isn't cheap in absolute and relative terms—forward P/E of ~32x against ~23x for the sector. But the stock offers a compelling play to ride the structural tailwinds of AI-driven wafer fab equipment demand as its FY26E revenue is set up to accelerate to a growth rate of 11% Y/Y from FY25's 4.4% Y/Y growth rate. Data by YCharts Financial Summary Revenue compounded at a 5.3% CAGR from FY2021 to FY2025 due to steady market share gains and equipment intensity expansion. Semi equipment underwent a cyclical digestion from FY2023 to FY2024, reflecting downstream headwinds faced during 2022. However, growth at AMAT was unfazed. In Q1 2026 (ended January 2026), revenue reached $7.01B, which was down modestly by 2% Y/Y but still managed to beat consensus estimates of about $6.87B as industry investments in AI computing accelerated. EPS of $2.54 also beat estimates of $2.19. Gross margin hit 49%, expanding Q/Q, and is a record high for the company. Its DRAM segment revenues also hit an all-time high, fueled by HBM capacity additions. The company guided revenue to $7.65B +/- $500M in Q2 FY2026E, which at the midpoint implies ~9% Y/Y growth. Non-GAAP EPS is guided to reach $2.64 +/- $0.20. The stock rose ~8% on the day of earnings, reflecting optimism on the beat and raise. Metric FY2021 FY2022 FY2023 FY2024 FY2025 Revenue ($B) 23.1 25.8 26.5 27.2 28.4 Gross Margin 47.3% 46.5% 46.7% 47.5% 48.7% Operating Margin 29.9% 30.2% 28.9% 28.9% 29.2% Net Margin 25.5% 25.3% 25.9% 26.4% 24.7% Diluted EPS ($) 6.40 7.44 8.11 8.61 8.66 FCF ($B) ~4.8 ~4.6 ~7.6 ~7.5 5.70 Click to enlarge Source: Company, Himalayas Research estimates. AMAT boasts a very generous cash flow—OCF/FCF was $7.96B/$5.70B in FY2025. The company has returned $6.53B in capital back to shareholders tha...
Fermi shares fell as much as 31% in post-market trading after the developer behind a massive planned AI campus in Texas announced the immediate departure of co-founder and Chief Executive Officer Toby Neugebauer . The company said it has created a interim office of the CEO, which will include Chief Operating Officer Jacobo Orti and Anna Bofa, an observer to Fermi’s board, while it conducts a searc...
Fermi shares fell as much as 31% in post-market trading after the developer behind a massive planned AI campus in Texas announced the immediate departure of co-founder and Chief Executive Officer Toby Neugebauer . The company said it has created a interim office of the CEO, which will include Chief Operating Officer Jacobo Orti and Anna Bofa, an observer to Fermi’s board, while it conducts a search for Neugebauer’s replacement, according to a filing posted after the close of regular trading. Fermi, whose founders also include former US Energy Secretary Rick Perry , has sought to capitalize on the booming demand for power to supply data centers running artificial intelligence. However, its share price has fallen nearly 70% since it went public in September. The company is aiming to build a giant private power complex with nuclear reactors in the Texas Panhandle that would supply AI computing facilities. Read more: Nuclear Startup Fermi Invokes Manhattan Project in AI Race Fermi said it will release additional details on the executive changes on Monday.