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AAPL

Apple

$267.23

-0.64 (-0.24%)

08:54
12/02/19
12/02
08:54
12/02/19
08:54

Apple could sell 15M+ AirPods units over the next month, says Wedbush

Wedbush analyst Daniel Ives says that based on Apple store checks, inventory levels and/or shortages at a number of retailers, and reduced prices for AirPods 2, he believes Apple could potentially sell 3M+ AirPod units over the Black Friday/Cyber Monday period. The analyst tells investors in a research note that he is seeing a "surge" of consumer demand for the new AirPods Pro with potential shortages a lingering worry heading into Christmas timeframe. Ives estimates that Apple is on pace to sell over 65M AirPods units in 2019 and is now on a trajectory to potentially reach 85M-90M units in 2020, and thinks Apple will sell roughly 15M+ AirPods globally during the course of the next month. He keeps an Outperform rating and $325 price target on the shares.

  • 02

    Dec

AAPL Apple
$267.23

-0.64 (-0.24%)

11/18/19
SOCG
11/18/19
NO CHANGE
Target $200
SOCG
Sell
Societe Generale sees big downside in Netflix shares with 'uniqueness' eroding
A "wider competitive set" has started to dilute Netflix's (NFLX) perceived "uniqueness" and will probably restrain its pricing power in the short term, Societe Generale analyst Christophe Cherblanc tells investors in a research note. The low price points set by Disney+ (DIS) at $6.99 per month and Apple TV+ (AAPL) at $4.99 per month will likely make Netflix more cautious exercising its pricing power, Cherblanc contends. Further, he believes the company's 2019 price increases have had a slightly higher than expected impact on U.S. churn. The analyst keeps a Sell rating on Netflix with a $200 price target. The streaming service closed Friday up $5.41 to $295.03. Despite the recent pullback, the shares still have "significant downside" risk, Cherblanc contends. Nonetheless, the analyst thinks Netflix will retain a dominant position in a "rapidly expanding" over-the-top market and deliver steady margin expansion.
11/19/19
FBCO
11/19/19
NO CHANGE
Target $221
FBCO
Neutral
Apple's iPhone unit trends remain 'solid,' says Credit Suisse
Credit Suisse analyst Matthew Cabral tells investors in a research note that nearly two months into the iPhone 11 cycle, data points continue to suggest a meaningful improvement in units y/y. Government data suggests iPhone units are up 6% y/y in China over September and October combined, with Cabal adding that his firm's tracking data suggesting the iPhone has yet to hit full supply/demand balance eight weeks post-launch. While Cabral says he is "on board" with the idea that the shift toward Services deserves a higher multiple over time, he "struggles" with continued P/E expansion seemingly led by firming iPhone data points rather than Services-driven upside. The analyst keeps a Neutral rating and $221 price target on Apple shares.
11/19/19
WEDB
11/19/19
NO CHANGE
Target $325
WEDB
Outperform
China the 'linchpin' of success on Apple iPhone supply chain, says Wedbush
Wedbush analyst Daniel Ives tells investors in a research note that President Trump is expected to visit Apple's tech manufacturing facility in Austin, Texas along with CEO Tim Cook in what he calls a key strategic visit for the company. While Ives says he sees more AI and hardware manufacturing coming out of the U.S., India, and potentially Vietnam down the road, for the foreseeable future China remains the "linchpin" of success on the iPhone supply chain with Cook needing to "play nice in the sandbox" both in the U.S. as well as in China to make sure no new roadblocks appear that could derail this potential "5G super cycle" heading into 2020. He keeps an Outperform rating and $325 price target on Apple shares.
12/02/19
JPMS
12/02/19
NO CHANGE
Target $296
JPMS
Overweight
Apple price target raised to $296 from $290 at JPMorgan
JPMorgan analyst Samik Chatterjee raised his price target for Apple to $296 from $290 and keeps an Overweight rating on the shares. Early visibility into 2020/2021 iPhone product cycles are offering incremental reasons to be positive relative to volume implications, Chatterjee tells investors in a research note. The analyst, who also raised his volume forecasts and earnings estimates, believes Apple's four new 5G iPhones in the second half of 2020 will offer broader optionality to customers. His supply chain checks indicate that Apple is likely to launch four new iPhone models in September 2020, including all four with 5G capabilities, but only two with ToF World-facing 3D Sensing. Further, the checks indicate that starting 2021, Apple will smooth iPhone seasonality by shortening launch intervals and introducing two new iPhones in both the first half of 2021 and the second half.

TODAY'S FREE FLY STORIES

ADBE

Adobe

$305.76

2.01 (0.66%)

06:19
12/13/19
12/13
06:19
12/13/19
06:19
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Adobe analyst commentary  »

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  • 23

    Jan

ETSY

Etsy

$41.97

0.95 (2.32%)

06:19
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WMB

Williams

$22.64

0.21 (0.94%)

06:18
12/13/19
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06:18
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06:18
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  • 07

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    Jan

PCG

PG&E

$11.75

-0.38 (-3.13%)

06:18
12/13/19
12/13
06:18
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06:18
Periodicals
PG&E-backed plan ignores California mandates, Elliott says, WSJ reports »

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  • 07

    Jan

DCP

DCP Midstream

$23.70

-0.56 (-2.31%)

06:18
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  • 13

    Jan

TPX

Tempur Sealy

$85.34

-0.31 (-0.36%)

06:16
12/13/19
12/13
06:16
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06:16
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NVDA

Nvidia

$224.19

6.86 (3.16%)

, MLNX

Mellanox

$116.23

1.98 (1.73%)

06:14
12/13/19
12/13
06:14
12/13/19
06:14
Periodicals
Nvidia hasn't offered concessions to EU on Mellanox bid, Reuters reports »

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NVDA

Nvidia

$224.19

6.86 (3.16%)

MLNX

Mellanox

$116.23

1.98 (1.73%)

03/08/13
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  • 06

    Jan

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    Jan

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    Jan

AMRX

Amneal Pharmaceuticals

$5.04

1.555 (44.62%)

06:13
12/13/19
12/13
06:13
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06:13
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NUVA

NuVasive

$73.75

-0.02 (-0.03%)

06:13
12/13/19
12/13
06:13
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06:13
Upgrade
NuVasive rating change  »

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EADSY

Airbus

$0.00

(0.00%)

, BA

Boeing

$346.47

-3.535 (-1.01%)

06:11
12/13/19
12/13
06:11
12/13/19
06:11
Periodicals
Qantas picks Airbus over Boeing for world's longest flights, Reuters reports »

Qantas Airways has…

EADSY

Airbus

$0.00

(0.00%)

BA

Boeing

$346.47

-3.535 (-1.01%)

03/08/13
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NEX

NexTier Oilfield

$6.28

0.36 (6.09%)

, FTI

TechnipFMC

$19.90

0.55 (2.84%)

06:10
12/13/19
12/13
06:10
12/13/19
06:10
Recommendations
NexTier Oilfield, TechnipFMC, Helmerich & Payne, Nine Energy Services analyst commentary  »

NexTier Oilfield,…

NEX

NexTier Oilfield

$6.28

0.36 (6.09%)

FTI

TechnipFMC

$19.90

0.55 (2.84%)

HP

Helmerich & Payne

$42.62

1 (2.40%)

NINE

Nine Energy Services

$6.20

0.44 (7.65%)

03/08/13
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03/06/13
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  • 23

    Mar

EADSY

Airbus

$0.00

(0.00%)

06:08
12/13/19
12/13
06:08
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06:08
Hot Stocks
Airbus acquires industrial automation company MTM Robotics »

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COP

ConocoPhillips

$62.58

0.87 (1.41%)

06:06
12/13/19
12/13
06:06
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06:06
Initiation
ConocoPhillips initiated  »

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  • 04

    Feb

  • 23

    Mar

OGI

Organigram

$2.57

(0.00%)

06:06
12/13/19
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06:06
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06:06
Hot Stocks
Organigram gets Health Canada's approval for 16 additional cultivation rooms »

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  • 13

    Dec

OIS

Oil States

$17.64

0.55 (3.22%)

06:06
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06:06
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  • 23

    Mar

SSNLF

Samsung

$0.00

(0.00%)

06:06
12/13/19
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06:06
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06:06
Periodicals
Samsung VP receives jail term for union-busting activities, Reuters reports »

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HBI

Hanesbrands

$15.18

0.19 (1.27%)

06:04
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RGS

Regis

$17.31

0.15 (0.87%)

06:03
12/13/19
12/13
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06:03
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Regis enters franchise arrangement with Bushell Investment Group »

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PTEN

Patterson-UTI

$10.38

0.29 (2.87%)

06:03
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06:03
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06:03
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  • 06

    Feb

PTEN

Patterson-UTI

$10.38

0.29 (2.87%)

06:03
12/13/19
12/13
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06:03
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  • 06

    Feb

MOH

Molina Healthcare

$129.62

1.725 (1.35%)

06:00
12/13/19
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06:00
Hot Stocks
Molina Healthcare announces $500M share repurchase program »

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HBAN

Huntington Bancshares

$15.59

0.39 (2.57%)

05:58
12/13/19
12/13
05:58
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05:58
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Huntington Bancshares rating change  »

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AAPL

Apple

$271.45

0.74 (0.27%)

05:58
12/13/19
12/13
05:58
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05:58
Periodicals
Apple acquires U.K.-based Spectral Edge, Bloomberg reports »

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UUGRY

United Utilities

$0.00

(0.00%)

05:55
12/13/19
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HINOY

Hino Motors

$0.00

(0.00%)

05:54
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