옵션 체인은 다양한 행사가격과 만기일에 대한 NEXTracker의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 NEXTracker에 대한 시장 심리를 평가합니다..

NEXTracker (NASDAQ:NXT) 주식, 옵션 체인

NEXTracker

Nextracker (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. Nextracker has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.

Analyst Color

Long Ideas

Markets

Analyst Ratings

Trading Ideas

BEPC

FSLR

Hannon Armstrong Sustainable Infrastructure Capital

HASI

2024년은 청정(클린) 에너지 주식에게 힘든 한 해였던 반면, JP모건의 애널리스트 마크 스트라우스(Mark Strouse)는 2025년을 이 섹터에서 선택적인 기회의 해로 보고 있다. 스트라우스는 투자자들이 청정 에너지 잠재력을 탐색할 수 있는 최고의 주식으로 퍼스트 솔라(NASDAQ:FSLR), 넥스트래커(NASDAQ:NXT), HA 서스테이너블 인프라 캐피털(NYSE:HASI) 및 브룩필드 리뉴어블(NYSE:BEP) (NYSE:BEPC) 네 개를 지목하고 있다.

2025년 청정 에너지의 부활: 분석가가 시장의 동요 속에 숨겨진 4가지 보석을 공개

Government

Politics

ARRY

ENPH

TSLA

골드만삭스의 애널리스트들은 인플레이션 감축법(IRA) 인센티브에 대한 상당한 수익 노출이 있는 아홉 개의 회사를 강조했다. 도널드 트럼프가 1월에 백악관으로 돌아오면서, 시장은 그의 정책이 재생 가능 에너지 투자에 어떤 영향을 미칠지 평가하고 있다. 골드만의 보고서는 주로 청정 기술 부문에 있는 회사들을 포함하고 있으며, 이들 회사는 IRA의 인센티브가 운영에 필수적이 되었다.

인플레이션 감소법으로 큰 상승이 예상되는 3개의 주식 - 테슬라가 이 목록에 빠진 이유

Mid Cap

News

Topics

Movers

AAPL

GSAT

MDGL

OMCL

PRCT

이들 7개 중형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 마드리갈 파마슈티컬스(NASDAQ:MDGL)의 주식은 회사가 예상보다 좋은 실적을 발표한 후 51.70% 상승했다.

글로벌스타와 넥스트래커는 지난주 최고 성과를 보여준 7개 중형주 중 일부 (10월 28일-11월 1일)

NEXTracker Inc

NEXT BIOMETRICS GRP ORD by Next Biometrics Group AS

Next Biometrics Group ASA

NextCure Inc

Investment Managers Series Trust II AXS Green Alpha ETF

NEXTRACTION ENERGY CORP by Nextraction Energy Corp.

Nextraction Energy Corp

First Trust Indxx NextG ETF

NXT NUTRITIONALS HLDG INC by NXT Nutritionals Holdings, Inc.

NXT Nutritionals Holdings Inc

Simplify Exchange Traded Funds Simplify Next Intangible Core Index ETF

Next10 Inc

Nexstim Oyj

NEXTPLAY TECHS INC by NextPlay Technologies, Inc.

NextPlay Technologies Inc

Next Technology Holding Inc. - Ordinary Shares

Next Technology Holding Inc

Lifeist Wellness Inc

Simplify Exchange Traded Funds Simplify Next Intangible Value Index ETF

NEXITY FINANCIAL CORP by Nexity Financial Corp.

Nexity Financial Corp

Reported Earlier, LG Display Reveals 4th-Gen OLED TV Panel With 40% Higher Color Brightness And 20% Energy Efficiency Gain

EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is currently offering discounts of up to $2,000 on new non-foundation series Cybertrucks listed in its U.S. inventory.
What Happened: Tesla&#8217;s website now shows multiple new non-Foundation series Cybertrucks listed with as much as a $2000 discount. The discount on demo vehicles goes up to $3,510.
A new non-foundation series Cybertruck All-Wheel Drive variant starts at $78,390 on the inventory website and a demo vehicle with 961 miles on the odometer at $77,360. 
The offers are significantly higher on the more premium Cyberbeast variant. While a demo Cyberbeast with 1,138 miles on the odometer starts at $96,480, a new vehicle starts at $97,990. 
Why It Matters: The Cybertruck is one of Tesla&#8217;s more premium offerings. The vehicle starts at $79,990 for the base all-wheel drive variant and at $99,990 for the more premium Cyberbeast variant. 
According to data from automotive research firm Kelley Blue Book, the Cybertruck was Tesla&#8217;s third best-selling vehicle in the U.S. in 2024, after its mass-market offerings Model 3 and Model Y. 
The company sold <a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data">38,965 units in the 12 months through the end of December</a>, significantly higher than the number of Model S or Model X sold in the country. 
Until recently, Tesla listed <a href="https://www.benzinga.com/25/01/42891397/non-foundation-series-cheaper-cybertrucks-join-tesla-inventory">only foundation series Cybertrucks</a> in its inventory. The foundation series refers to a limited and pricier edition of the Cybertruck with laser-etched foundation series badges and premium accessories.
Tesla made only the foundation series Cybertrucks for the first few months of deliveries. In October, Tesla started selling the regular version of Cybertruck priced about $20,000 lower than the foundation series.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/01/43020027/starships-7th-test-flight-postponed-to-thursday-owing-to-unfavorable-weather-says-spacex">Starship&#8217;s 7th Test Flight With Simulated Starlink Payload Delayed Until Thursday Due To Unfavorable Weather, Says SpaceX</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

Tesla Offers Discounts Up To $2,000 On New Inventory Cybertrucks

A bill proposing a&nbsp;strategic&nbsp;Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserve&nbsp;was introduced in Oklahoma on Wednesday amid a growing nationwide trend of states looking to capitalize on the apex cryptocurrency&#8217;s return potential. 
What Happened: The proposed legislation, known as House Bill 1203 or&nbsp;the Strategic Bitcoin Reserve Act,&nbsp;was <a href="https://www.okhouse.gov/posts/news-20250115_1">introduced </a>in the Oklahoma House of Representatives&nbsp;by Rep. Cody Maynard.
The bill would allow Oklahoma&#8217;s&nbsp;pension funds and state savings&nbsp;accounts to allocate a portion&nbsp;of their assets to Bitcoin, deemed a &#8220;hedge against inflation.
The State Treasurer could invest funds in any digital asset that has averaged $500 billion in market capitalization over the previous calendar year. Currently, only Bitcoin, valued at $1.97 trillion, satisfies this requirement.
Maynard stated that the assets would be managed responsibly to meet the demands of fund managers, generate reliable returns for residents, and protect purchasing power from inflationary pressures.
"Bitcoin represents freedom from bureaucrats printing away our purchasing power," the representative added. "It is the ultimate store of value for those who believe in financial freedom and sound money principles."
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/government/regulations/25/01/42994641/italys-largest-bank-leaps-into-bitcoin-trading-with-1-million-test-investment-but-ceo-says-he-doesnt-invest-in-btc-personally">Italy&#8217;s Largest Bank Leaps Into Bitcoin Trading With $1 Million &#8216;Test&#8217; Investment But CEO Says He Doesn&#8217;t Invest In BTC Personally</a>
Why It Matters: Oklahoma was not alone in this initiative. Several states have similar legislation pending, aiming&nbsp;to establish Bitcoin as a&nbsp;strategic reserve.
In November 2024,&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41986427/pennsylvania-introduces-bitcoin-strategic-reserve-act-to-invest-up-to-700-million-in-btc">Pennsylvania</a>&nbsp;introduced the Pennsylvania Bitcoin Strategic Reserve Act, which would authorize the state&#8217;s treasury to invest up to 10% of its $7 billion reserves into Bitcoin. 
A month later,&nbsp;<a href="https://www.benzinga.com/24/12/42476809/texas-joins-crypto-movement-introduces-bill-to-set-up-bitcoin-reserve">Texas</a>&nbsp;introduced a similar bill, the Texas Strategic Bitcoin Reserve Act, proposing the establishment of a special fund in the state treasury to hold Bitcoin as a financial asset for a minimum period of five years. 
Similarly, Ohio, North Dakota, and New Hampshire have introduced Bitcoin reserve bills.
Dennis Porter, founder of the Bitcoin advocacy group&nbsp;Satoshi Action Fund, which is helping formulate these bills, said that they were at the halfway mark to the goal of getting 12 states to introduce Bitcoin reserve legislation.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Oklahoma becomes the 6th state to introduce ‘Strategic Bitcoin Reserve' policy enabling the state to buy Bitcoin once passed into law. That means we are now half way to our goal of achieving 12 states to introduce SBR bills. Promises made. Promises kept. &#x1f1fa;&#x1f1f8; <a href="https://t.co/Pukr6s1Cpc">https://t.co/Pukr6s1Cpc</a>
&mdash; Dennis Porter (@Dennis_Porter_) <a href="https://twitter.com/Dennis_Porter_/status/1879598591666475347?ref_src=twsrc%5Etfw">January 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
These moves by various states reflect a growing recognition of Bitcoin as a secure state asset and a hedge against inflation, aligning with Donald Trump&#8217;s <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42434184/a-tech-renaissance-could-offer-enticing-opportunities-in-direxions-qqqu-qqqd-etfs">pledge to establish a national Bitcoin stockpile</a>.
Price Action:  At the time of writing, Bitcoin was exchanging hands at $99,745.63, up 2.77% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/25/01/42993521/michael-saylors-microstrategy-not-alone-in-bitcoin-acquisition-says-bitwise-chief-investment-officer-its-a-bona-fide-megatrend">Michael Saylor&#8217;s MicroStrategy Not Alone In Bitcoin Acquisition, Says Bitwise Chief Investment Officer: &#8216;It&#8217;s A Bona Fide Megatrend&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

The Trump Effect? Oklahoma Joins Growing List Of States Proposing Bitcoin As Strategic Reserve Asset

Jack Dorsey&#8216;s popular Cash App digital wallet developer Block Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>) is expected to deliver a strong fourth quarter given its business&#8217;s general resilience and operational excellence discipline, says <a href="https://www.benzinga.com/topic/bofa-securities">BofA Securities</a>.
The BofA Analyst: Analyst, Jason Kupferberg, maintained its &#8216;buy&#8217; rating with a price objective of $115 apiece, representing a 39.62% increase from its current price levels.
The Analyst Takeaways: Identifying its top-line growth and profitability along with its potential to contribute to the U.S.-centric re-acceleration story to the best large-caps companies, BofA analyst, Kupferberg, says it is &#8220;underappreciated&#8221; by the market.
BofA remains bullish on its dual-sided ecosystem which consists of Square, which provides technology solutions for hardware and software, and the payment application Cash App. The analyst adds that Block doesn&#8217;t have the &#8220;legacy tech&#8221; overhang as compared to some of its peers.
The Rule of 40, which is a financial metric that assesses the health of a Software-as-a-Service company is expected to be achieved by 2026, reflecting enhanced profitability focus. The rule states that the company&#8217;s gross profit growth and adjusted operating income margin should add up to at least 40%. 
Expected to report its fourth-quarter earnings on Feb. 2, BofA thinks the company&#8217;s consensus estimates are well calibrated.
Gross payment volume (GPV), an important metric to measure the payment company&#8217;s performance, is expected to grow by 8.5% to 9.1% in the fourth quarter according to BofA and consensus street estimates.
&#8220;However, given shares have outperformed since Q3 earnings, this could limit the potential for Q4 to be a significant positive catalyst,&#8221; stated the note, dated Jan. 15.
For the first quarter of the upcoming fiscal, BofA sees some GPV headwinds from the Los Angeles wildfires and likely competition from the longer February in 2024, considering the leap year.
Additionally, the company has agreed to pay $80 million to settle allegations that violated anti-money laundering laws. This could impact the first quarter as well. According to a press release, regulators in 48 states found that it failed to adequately verify customers, report suspicious activity, and implement proper controls for high-risk accounts.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42999475/amd-shares-hint-at-a-reversal-as-charts-show-bullish-stick-sandwich-following-a-double-downgrade-from-hsbc">AMD Shares Hint At A Reversal As Charts Show Bullish Stick Sandwich Following A Double Downgrade From HSBC</a> 
Price Action: Block's stock closed at $84.79 on Wednesday, reflecting a 2.88% increase. In after-hours trading, the stock rose by 1.07%. Over the past year, Block has experienced a notable growth of 30.13%.
The stock's 52-week range is between $99.26 and $55. With a market capitalization of $46,134 million, Block&#8217;s forward price-to-earnings ratio of 18.248 is lower as compared to the industry average of 81.740 and it has a relative strength index of 44.89, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Block has a consensus price target of $91.57, according to the 46 analysts <a href="https://www.benzinga.com/quote/SQ/analyst-ratings">tracked by Benzinga</a>. The high target is $120, and the low is $46. Recent ratings by Citigroup, Keefe, Bruyette &amp; Woods, and Raymond James suggest a $107.67 target, implying a 25.63% upside.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/SQ/analyst-ratings"><img loading="lazy" decoding="async" width="948" height="358" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16013900/SQ-ANR.png" alt="" class="wp-image-735979" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16013900/SQ-ANR.png 948w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16013900/SQ-ANR-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16013900/SQ-ANR-768x290.png 768w" sizes="(max-width: 948px) 100vw, 948px" /></a></figure>
Image via Shutterstock
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<li><a href="https://www.benzinga.com/general/entertainment/25/01/43017986/warner-bros-discovery-a[…]ngth-wont-offset-joker-folie-a-deux-flop-nba-rights-concerns">Warner Bros. Discovery Analyst Says DTC Strength Won&#8217;t Offset &#8216;Joker: Folie A Deux&#8217; Flop, NBA Rights Concerns </a></li>
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Equities

Market Summary

Reiteration

General

Jack Dorsey's Block Eyes Over 39% Upside: BofA Says US-Centric Re-Acceleration Story Will Drive The Stock

Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) manufacturing costs for its latest iPhone lineup show promising trends for margins, according to a new Bank of America analysis.
The teardown study reveals significant cost reductions in Pro models while highlighting the company&#8217;s strategic pricing approach across its product range.
The Apple Analyst: Bank of America analyst Wamsi Mohan maintains a &#8220;Buy&#8221; rating on Apple with a price target of $256, implying an upside of nearly 8% from Wednesday&#8217;s closing price.
The Apple Thesis: BofA&#8217;s teardown analysis reveals significant manufacturing cost improvements for iPhone 16 Pro models, while base models see increased costs.
The analyst highlights that the iPhone 16 Pro Max&#8217;s manufacturing costs are 5% lower than its predecessor, contributing approximately 320 basis points to gross margins. When adjusting for memory costs, the year-over-year savings increase to 8%.
&#8220;At Apple&#8217;s scale, these add up to meaningful savings of $3.7bn for 250mn iPhones that can be a tailwind of &gt;100 bps of product GMs when fully ramped,&#8221; noted the analysis.
See Also: <a href="https://www.benzinga.com/25/01/43019833/elon-musk-buying-tiktok-could-hurt-tesla-warns-gary-black-but-dan-ives-thinks-it-makes-sense">Elon Musk Buying TikTok Could Hurt Tesla Stock, Warns Gary Black — But Wedbush&#8217;s Dan Ives Thinks It Makes Sense</a>
Key Findings:
<ul>
<li>Main electronic assemblies make up 50% of iPhone 16 Pro Max manufacturing costs, up from 47% in the iPhone 15 Pro Max.</li>
</ul>
<ul>
<li>Base iPhone 16 shows a 10% increase in manufacturing costs compared to iPhone 15, primarily due to AI processing and camera improvements. When adjusted for memory costs, this increase narrows to 6%.</li>
</ul>
<ul>
<li>Potential savings of at least $10 per iPhone from insourcing the baseband modem from Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>).</li>
</ul>
<ul>
<li>Vertical integration efforts could drive further margin improvements. The company spends approximately $250 on integrated circuits per iPhone 16 Pro Max, creating opportunities for cost savings through component insourcing.</li>
</ul>
Why It Matters: The findings support BofA&#8217;s broader thesis on Apple&#8217;s margin resilience. The bank expects strong iPhone upgrade cycles in fiscal 2025 and 2026, driven by hardware requirements for generative AI features.
Apple&#8217;s gross margins have been trending higher in the last several years, supported by both services mix and iPhone margin stability despite increased functionality.
Trading at $237.87, Apple shares have gained nearly 30% over the past year. Apple is set to announce its first-quarter 2025 earnings on Jan. 30. In October last year, the company reported fiscal <a href="https://www.benzinga.com/news/earnings/24/10/41666494/apple-q4-earnings-revenue-beat-eps-beat-installed-base-hits-new-highs-iphone-sales-rise-as-apple-in">fourth-quarter revenue</a> of $94.9 billion, surpassing analysts&#8217; expectations of $94.56 billion.
Price Action: Apple&#8217;s stock gained 1.97% on Wednesday, closing at $237.87. In after-hours trading, it edged up another 0.31%, reaching $238.60, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Apple&#8217;s consensus price target stands at $245.17, based on evaluations from 30 analysts, with Wedbush setting the highest target of $325 on Dec. 26. The latest ratings from MoffettNathanson, Bernstein, and BofA Securities point to an average target of $234.67, implying a potential downside of 1.65%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/AAPL/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16002414/Screenshot-2025-01-16-at-10.54.09%E2%80%AFAM-1024x376.png" alt="" class="wp-image-735922" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/25/01/43018848/those-are-air-bubbles-the-time-steve-jobs-rejected-the-first-ipod-prototype-and-pushed-apple-engineers-to-think-smaller" target="_blank" rel="noreferrer noopener">Steve Jobs Dropped The First iPod Prototype In A Fish Tank And It Wasn't To Test If It Was Waterproof</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

QCOM

Apple Stock Has Moved Up 4.2% Since iPhone 16 Launched, Analyst Says It Has Another 8% Upside As Manufacturing Cost Decline Bolsters Cupertino's Margins

President-elect&nbsp;Donald Trump&nbsp;has nominated&nbsp;Scott Bessent&nbsp;to lead the U.S. Treasury Department, and Bessent has pledged to maintain the dollar&#8217;s status as the world&#8217;s reserve currency. This commitment was made during his prepared testimony.
What Happened: Bessent, who is scheduled to appear&nbsp;before the U.S. Senate Finance&nbsp;Committee on Thursday, emphasized the importance of prioritizing productive investment over &#8220;wasteful spending&#8221; that could lead to inflation. He stressed the need to secure supply chains and carefully use sanctions to meet national security needs, Reuters&nbsp;reported on Wednesday.
&#8220;And critically, we must ensure that the U.S. dollar remains the world&#8217;s reserve currency,&#8221; he said.
Additionally,&nbsp;Bessent, a hedge fund manager, has supported Trump&#8217;s plans for higher tariffs on imports, although he did not mention China specifically in his remarks. Trump has previously threatened significant tariffs on imports from China, Canada, and Mexico.
Bessent also highlighted the necessity for Congress to make permanent the provisions of Trump&#8217;s 2017 Tax Cuts and Jobs Act. He warned that failing to do so could result in a historic $4 trillion tax increase. He advocated for &#8220;pro-growth policies&#8221; to reduce the tax burden on American manufacturers, service workers, and seniors.
Bessent comments come at a time when Trump is<a href="https://www.benzinga.com/25/01/42779917/trump-wont-announce-strategic-bitcoin-reserve-via-executive-order-says-analyst-he-would-likely-buy-btc-in-the-background"> reportedly exploring the possibility</a> of issuing an executive order to create a Strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Reserve (SBR). After providing substantial financial support during the 2024 election, the digital asset industry is <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42701446/crypto-industry-anticipates-policy-overhaul-under-trump-administration">gearing up for a major shift in its regulatory landscape</a>. President-elect Trump, once a vocal critic of digital currencies, shifted his stance during his campaign, becoming the first presidential candidate to accept donations in digital assets.
Why It Matters: Bessent&#8217;s nomination comes at a time when the dollar&#8217;s role as the <a href="https://www.benzinga.com/25/01/43019785/trump-treasury-nominee-pledges-to-maintain-dollars-global-reserve-status-outlines-vision-for-new-economic-golden-age">global reserve currency </a>is under scrutiny. His commitment to maintaining this status aligns with his vision for a &#8220;new economic golden age,&#8221; as outlined in his testimony. 
Meanwhile, Bessent&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42936887/trumps-treasury-pick-scott-bessent-reveals-up-to-500000-bitcoin-stake-via-blackrocks-etf">financial disclosures reveal</a> a significant stake in the&nbsp;iShares Bitcoin Trust ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>), indicating his interest in cryptocurrencies amid expectations of crypto-friendly policies under the incoming Trump administration.
Read Also: 
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<li><a href="https://www.benzinga.com/markets/equities/25/01/42995814/billionaire-investor-who-predicted-the-dot-com-crash-25-years-ago-warns-of-another-market-storm-brewing-in-the-us">Billionaire Investor Who Predicted The Dot-Com Crash 25 Years Ago Warns Of Another Market Storm Brewing In The US</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Wikimedia Commons

Macro Economic Events

Economics

IBIT

Trump's Treasury Pick Scott Bessent Urges Dollar Must Remain 'World's Reserve Currency' As President-Elect Reportedly Pushes For Strategic Bitcoin Reserve

Econ #s

Germany Consumer Price Index (YoY) For December 2.6% Vs. 2.6% Est.; 2.2% Prior

Germany Consumer Price Index (MoM) For December 0.5% Vs. 0.4% Est.; -0.2% Prior

U.K. Trade Balance Non-EU For November -7.72B Vs. -7.65B (Revised) Prior

U.K. Trade Balance For November -19.31B Vs. -18.00B Est.; -19.33B (Revised) Prior

U.K. Monthly Gross Domestic Product (GDP) 3M/3M Change For November 0.0% Vs. 0.0% Est.; 0.0% (Revised) Prior

U.K. Manufacturing Production (MoM) For November -0.3% Vs. -0.2% Est.; -0.6% Prior

U.K. Industrial Production (MoM) For November -0.4% Vs. 0.1% Est.; -0.6% Prior

U.K. Gross Domestic Product (MoM) For November 0.1% Vs. 0.2% Est.; -0.1% Prior

IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) and&nbsp;L'Oréal, the world's leading beauty company, announced a collaboration to leverage <a href="https://www.ibm.com/think/topics/generative-ai">IBM's generative artificial intelligence (GenAI)</a> technology and expertise to uncover new insights in cosmetic formulation data, facilitating L'Oréal's&nbsp;use of sustainable raw materials, for energy and material waste reductions. This unique effort will develop a custom AI foundation model engineered to significantly increase the ability of L'Oréal Research &amp; Innovation teams to reach extra performance and consumer satisfaction in every cosmetic category and every region of the world. The formulation foundation model is believed to be a&nbsp;first-of-its-kind in the industry, redefining AI innovation at the intersection of beauty, chemistry and technology.&nbsp;

IBM and L'Oréal Partner to Develop AI for Sustainable Cosmetic Formulations

Pan American Silver Corp. &nbsp;achieved its production guidance for 2024, with 21.1 million ounces of silver and 892 thousand ounces of gold produced in 2024. Guidance was also achieved for annual production of zinc, lead and copper.
The full-year ("FY 2024") production results were driven by strong performance in the fourth quarter 2024 ("Q4 2024"):
<ul>
<li>Silver production of 6.0 million ounces in Q4 2024, with the La Colorada mine in Mexico making a significant contribution, producing 1.6 million ounces of silver in the quarter.</li>
<li>Gold production of 224 thousand ounces in Q4 2024, which excludes December production from the La Arena mine in Peru, the sale of which was completed on December 2, 2024, as previously announced by the Company.</li>
</ul>

PAAS

Reported Earlier, Pan American Silver Achieves 2024 Production Targets With 21.1M Ounces Silver And 892K Ounces Gold, Ends Year With $887.3M Cash

Based on the Company's current business outlook, management expects the overall performance for first quarter 2025 to be as follows:
<ul>
<li>Revenue is expected to be between US$25.0 billion and US$25.8 billion;</li>
</ul>
And, based on the exchange rate assumption of 1 US dollar to 32.8 NT dollars,
<ul>
<li>Gross profit margin is expected to be between 57% and 59%;</li>
<li>Operating profit margin is expected to be between 46.5% and 48.5%.</li>
</ul>
The management further expects the 2025 capital budget to be between US$38 billion and US$42 billion.

Guidance

Taiwan Semiconductor Expects Q1 Revenue Of $25.0B-$25.8B Vs $24.97B Est

The National Highway Traffic Safety Administration (NHTSA) said on Wednesday that it has closed its one-year-old probe into General Motors Co.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) Cruise robotaxis in light of the company ceasing business operations.
What Happened: The NHTSA commenced a probe into Cruise robotaxis in October 2023 to gauge whether they are exercising caution around pedestrians following reports of two crashes. The regulator said it is aware of five incidents involving a collision between a Cruise vehicle and a pedestrian, three of which caused an injury. The cars were unable to avoid a collision despite attempting to in all five cases, it said.
After the start of the investigation, Cruise in Nov. 2023 issued a recall for a defect in its Automated Driving System (ADS) that affected 950 vehicles.
The regulator, on Wednesday, closed the probe in light of the recall action taken by Cruise. The company has also since stopped business operations and no versions of its automated driving system are operating on public roads, the regulator noted.
Why It Matters: In December, GM said it would <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42425386/general-motors-stock-is-rising-after-the-bell-whats-driving-the-action" target="_blank" rel="noreferrer noopener">no longer fund</a> Cruise‘s robotaxi development but instead combine the majority-owned unit into its technical teams.
The robotaxi development work needs considerable time and resources to scale, GM reasoned, while adding that the robotaxi market is getting increasingly competitive.
Cruise was a major robotaxi player in the U.S. in the leagues of Alphabet Inc.&#8217;s Waymo until Oct. 2023 when a Cruise robotaxi got involved in an accident in San Francisco. The accident led to increased regulatory scrutiny and the company subsequently suspended all of its operations in the U.S.
In July, the company also said it is abandoning its plans to build the Origin autonomous vehicle and focussing on <a href="https://www.benzinga.com/news/24/07/39903020/gms-cruise-abandons-pedal-less-origin-autonomous-vehicle-pivots-to-next-generation-chevrolet-bolt-in" target="_blank" rel="noreferrer noopener">using its next-generation Chevrolet Bolt </a>for autonomous driving operations, citing costs and the "regulatory uncertainty" around the Origin pedal-less vehicle.
Hopes re-emerged briefly when Barra said in October that Cruise is&nbsp;<a href="https://www.benzinga.com/markets/equities/24/10/41481122/gm-working-hard-to-resume-driverless-cruise-vehicles-by-end-of-year-says-ceo-mary-barra-we-want-" target="_blank" rel="noreferrer noopener">looking to return to operating driverless vehicles</a>&nbsp;by the end of the year but the company ceased operations in December. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43020027/starships-7th-test-flight-postponed-to-thursday-owing-to-unfavorable-weather-says-spacex" target="_blank" rel="noreferrer noopener">Starship&#8217;s 7th Test Flight With Simulated Starlink Payload Delayed Until Thursday Due To Unfavorable Weather, Says SpaceXVs In US In 2024: Ford, GM Follow</a></li>
</ul>
Photo courtesy: Shutterstock

NHTSA Closes Safety Probe Into GM Cruise Robotaxis Weeks After It Ceased Operations

PRTH

Reported Earlier, Priority Technology Prices Secondary Offering 9,070,643 Common Shares At $7.75/Share.

Stellantis Reports Q4 2024 Consolidated Shipment Estimates -9% Q4 y-o-y decline in shipments improved vs. -20% in Q3, as inventory reduction actions concluded and new product launches in Europe reduced gaps in the Company's offering related to our generational portfolio transition&nbsp;

STLA

Stellantis Reports 1.395M Units Shipped In Q4 2024, Down 9% Year-Over-Year

Nextracker Inc. (NXT) Q2 2025 Earnings Call Transcript

Nextracker: Tracking Well On Quality Metrics

Powell Industries (POWL) reported solid financial results in the third quarter of 2024, easily beating analysts' expectations. While the industrial machinery company's long-term prospects are robust with a wide product portfolio, increasing demand, and market expansion, it faces short-term uncertainties amid upcoming earnings report and rigid competition. So, should you add this stock to your watchlist? Read more to find out... Powell Industries, Inc. (<a href="https://stocknews.com/stock/POWL/">POWL</a>) is a leading provider of custom-engineered equipment and systems. The company engaged in the designing, development, manufacturing, sale, and services of these systems. In the last reported quarter, the company's revenue of $288.17 million surpassed the analysts' expectations of $222.18 million. Also, its EPS of $3.79 was above the estimate of $2.16.
The revenue increase from the prior period was primarily driven by strong growth in the Oil and Gas sector, which increased 56% year-over-year to $114.3 million. Also, revenues from the Electric Utility sector amounted to $57 million, indicating an increase of 30%.
During the third quarter, POWL's new orders totaled $356 million, which were spread broadly across its key end markets, and its backlog was $1.30 billion as of June 30, 2024. The orders represent the estimated value of contracts added to the company's existing backlog and its continuous strides toward further expansion.
Amid the growth in the manufacturing industry and overall economic growth, the global industrial machinery market has grown strongly in recent years. The market is poised to grow to $777.35 billion by 2028, at a <a href="https://www.researchandmarkets.com/reports/5939714/industrial-machinery-global-market-report#:~:text=The%20industrial%20machinery%20market%20size,(CAGR)%20of%207.8%25.">CAGR of 7.2%</a>, driven by technological advances, market expansion, and adoption of robotics and automation.
Powell stands to capitalize on the industry's solid standing with its wide product portfolio. The company plays a crucial role in the industrial sector, especially with its electrical equipment products like electrical houses and medium-voltage circuit breakers.
Currently, a certain degree of uncertainty is lingering around the future prospects of POWL as it prepares to announce its financial results for the fiscal fourth quarter and year ended September 30, 2024, on November 19, 2024. Analysts have mostly projected optimistic expectations on its revenue and EPS for the quarter, with some alternate opinions.
Shares of POWL have gained 114.4% over the past six months and 317.3% over the past year to close its last trading session at $343.86.
Let's look at factors that could influence POWL's performance in the upcoming months.
Robust Financials
For the third quarter that ended June 30, 2024, POWL's revenues increased 49.8% year-over-year to $288.17 million. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> grew 91.6% from the year-ago value to $81.74 million. The company's operating income of $57.29 million indicates growth of 165.8% year-over-year.
Furthermore, the company reported net income and EPS of $46.22 million and $3.79, reflecting increases of 150.5% and 149.3% from the prior year's quarter, respectively. Also, POWL's total assets stood at $868.98 million as of June 30, 2024, compared to $752.24 million as of September 30, 2023.
Favorable Analyst Estimates
Analysts expect POWL's revenue for the fourth quarter (ended September 2024) to come in at $286.49 million, indicating an increase of 37.3% year-over-year. The consensus EPS estimate of $3.55 for the same period reflects an 82.1% year-over-year improvement. Further, the company has maintained an impressive earning history, having topped the consensus revenue and EPS estimates in each trailing four quarters.
For the fiscal year 2024, the company's revenue and EPS are anticipated to grow 50.2% and 185.9% year-over-year to $1.05 billion and $11.78, respectively. In addition, Street expects its revenue and EPS for the fiscal year 2025 to grow 6% and 4.9% from the prior year to $1.11 billion and $12.36, respectively.
Robust Profitability
POWL's trailing-12-month EBIT margin and net income margin of 16.12% and 13.77% are 56.3% and 114.2% higher than the 10.31% and 6.43% industry average, respectively. Its trailing-12-month Levered FCF margin of 16.81% is significantly higher than the industry average of 6.66%.
Elevated Valuation
In terms of forward non-GAAP P/E, POWL is currently trading at 29.19x, 36.4% higher than the industry average of 21.40x. The stock's forward EV/Sales and Price/Sales of 3.57x and 3.92x are considerably higher than the industry average of 2.04x and 1.64x, respectively.
Additionally, the stock's forward EV/EBITDA and Price/Book of 20.42x and 8.75x are currently 63.2% and 167% higher than the industry averages of 12.51x and 3.28x, respectively.
POWR Ratings Reflect Uncertainty
POWL's mixed fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of C, translating to a Neutral in our proprietary system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. POWL has an A grade for Quality, consistent with its higher-than-industry profitability.
However, the company's elevated valuation has earned it a C grade for Value.
POWL is ranked #42 among the 79 stocks in the A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry.
Beyond what I have stated above, we have also given POWL grades for Momentum, Sentiment, Stability, and Growth. Get access to all the POWL ratings <a href="https://stocknews.com/stock/POWL/">here</a>.
Bottom Line
POWL reported solid financial results in the last reported quarter. Further, the company's long-term growth opportunities are solid, driven by the increasing number of new orders, innovative products, and widening sector scope. However, it continues to grapple with elevated valuation, short-term uncertainties, and rigid competition from its peers like Fluence Energy, Inc. (<a href="https://stocknews.com/stock/FLNC/">FLNC</a>) and Nextracker, Inc. (<a href="https://stocknews.com/stock/NXT/">NXT</a>).
Given POWL's elevated valuation and near-term prospects, waiting for a better entry point in this stock seems prudent.
Stocks to Consider Instead of Powell Industries, Inc. (POWL)
Given its near-term uncertain prospects, the odds of POWL outperforming in the weeks and months ahead are compromised. However, there are many industry peers with much more impressive POWR Ratings. So, consider these A (Strong Buy) or B (Buy) stocks from the <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry instead:
Smiths Group PLC (<a href="https://stocknews.com/stock/SMGZY/">SMGZY</a>)
Donaldson Company, Inc. (<a href="https://stocknews.com/stock/DCI/">DCI</a>)
Techtronic Industries Co. Ltd. ADR (<a href="https://stocknews.com/stock/TTNDY/">TTNDY</a>)
For exploring more A and B-rated industrial stocks, <a href="https://stocknews.com/category/industrial-machinery/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
POWL shares were trading at $317.63 per share on Wednesday afternoon, down $26.23 (-7.63%). Year-to-date, POWL has gained 261.12%, versus a 26.92% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/powl-smgzy-dci-ttndy-flnc-nxt-should-you-watch-powell-industries-amidst-industrial-sector-growth/>Should You Watch Powell Industries Amidst Industrial Sector Growth?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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