Analysts are intrested in these 5 stocks: ( (NOW) ), ( (DXCM) ), ( (COIN) ), ( (JMIA) ) and ( (KEYS) ). Here is a breakdown of their recent ratings and the rationale behind them.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
ServiceNow, a leader in IT service management and workflow automation, has been downgraded to a ‘Hold’ by analyst Steven Koenig. Despite its strong market position and potential for AI-driven growth, the stock is currently trading at a premium, making it a fair investment rather than a standout one. The company is well-positioned for sustained growth, but concerns about competition from AI-native companies and the lack of a near-term catalyst are weighing on its stock performance.
Dexcom, operating in the diabetes market, has been given an ‘In-Line’ rating by analyst Daniel Markowitz. The company faces challenges with product quality and competitive threats, which are impacting its market share and margins. However, the transition to a 15-day sensor and potential Medicare coverage could drive future growth. Despite these hurdles, Dexcom is expected to grow in the low teens percentage, supported by the expanding diabetes market.
Coinbase Global, a leading cryptocurrency trading platform, has been downgraded to ‘Hold’ by analyst Kevin Heal. The company has shown impressive growth, with a significant increase in EPS, but its high trading multiple compared to peers raises concerns. While the inclusion in the S&P 500 and the passage of the Genius Act are positive, the volatility of crypto assets and rising expenses from aggressive R&D and acquisitions pose challenges.
Jumia Technologies AG, an e-commerce player in Africa, has been rated a ‘Buy’ by analyst Fawne Jiang. The company is positioned as a regional leader with improved growth visibility and a compelling market opportunity. Jumia’s multi-year reorganization and focus on local operations are starting to yield results, making it a promising investment. The company’s five-year growth targets and potential in logistics and fintech add to its appeal as a multi-bagger opportunity.
Keysight Technologies, involved in telecom and networking equipment, has been downgraded to ‘Hold’ by analyst Meta Marshall. The company has shown strong results across its core business, with AI driving demand for new designs. However, the integration of acquisitions and execution risks remain concerns. While the company has benefited from AI-related tailwinds, the valuation reset has been largely captured, keeping the stock at an ‘Equal Weight’ rating.