According to TheFly, Citi indicated that a growth rate of 3% is achievable, given the expected growth in both the commercial aerospace and defense end markets.
During the fourth quarter, total revenue stood at $4.2 million compared to $7.3 million reported in the same quarter a year ago and an analyst estimate of $4.54 million, according to FinChat data.
Wall Street is also bullish on Tan’s appointment. Bank of America cited his strong track record at Cadence Design Systems, familiarity with Intel from his prior board tenure, and broad industry connections as key positives.
Net sales of its Chubbies brand increased to $24.2 million, up 12.2% year-over-year driven primarily by increased demand within the retail net sales channel.
Daiwa analysts cited President Donald Trump’s tariffs as the biggest concern, believing they can push the economy into a recession and fan inflationary pressure.
GE Aerospace said $500 million will be used to expand capacity to strengthen quality and delivery at several key sites, especially those that support the production and assembly of the narrow-body CFM LEAP engine.
Bank of America anticipates that Nvidia will discuss its long-term ambitions in autonomous vehicles, physical AI, robotics, and quantum computing at the GPU Technology Conference 2025, scheduled for March 17 to 22.
Bank of America and JPMorgan issued the steepest price target reductions. Others, including KeyBanc, Stifel, Susquehanna, and UBS, see potential for long-term upside despite the near-term weakness.
On its analyst day, Teradyne reaffirmed its first-quarter outlook but warned that its second-quarter revenue could be "flat to down 10%" from the prior quarter.
Southwest will also introduce a new, basic fare on its lowest-priced tickets purchased on or after May 28, 2025, before offering assigned seating and extra legroom options.
Loop Capital analyst Alan Gould estimates that Reddit's revenue and earnings before interest, taxes, depreciation, and amortization will grow 36% and 87%, respectively, in 2025.
Trimble also announced an integration of its fleet maintenance software with Daimler Truck North America, aiming to streamline commercial truck repairs and reduce downtime amid rising maintenance costs.
Eaton said the acquisition will generate $110 million of estimated 2025 adjusted earnings before interest, tax, depreciation, and amortization (EBITDA).
The latest triumph comes after IBM secured a legal win on Monday in the U.K. against U.S. tech entrepreneur John Moores and his firm, LzLabs, over allegations of trade secret theft.
