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Moonpig Group Plc (GB:MOON)
LSE:MOON

Moonpig Group Plc (MOON) AI Stock Analysis

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Moonpig Group Plc

(LSE:MOON)

63Neutral
Moonpig Group Plc's overall stock score reflects a balance of strong cash flow performance and strategic share buybacks against the backdrop of financial leverage risks. Moderate market momentum supports the stock, but poor valuation metrics and significant financial challenges limit the score. Continued focus on improving the capital structure and operational efficiency is essential for future performance.
Positive Factors
Buyback Program
Moonpig announced a new £60m buyback, which is ahead of the previously expected £50m and represents about 8% of the market cap.
Growth and Cash Generation
The core operation is delivering +10% top-line growth, strong gross margin progress, and notable success in Moonpig Plus.
Profitability Expectations
Effectively endorsed consensus FY25 EBITDA expectations.
Negative Factors
Competitive Challenges
Greetz had a more challenging Q3, impacted by aggressive short-term competitor activity.
Experiences Division
The Experiences division is facing 'difficult' trading and requires a 'longer timeline' to realize full revenue potential.

Moonpig Group Plc (MOON) vs. S&P 500 (SPY)

Moonpig Group Plc Business Overview & Revenue Model

Company DescriptionMoonpig Group Plc is a leading online retailer specializing in personalized greeting cards, gifts, and flowers. Operating primarily in the UK and the Netherlands, the company offers customers the convenience of customizing cards and gifts online with a focus on quality and timely delivery. Moonpig's platform provides a wide range of products that cater to various occasions, including birthdays, anniversaries, and holidays, making it a popular choice for consumers looking to send personalized messages and gifts.
How the Company Makes MoneyMoonpig Group Plc generates revenue through the sale of personalized greeting cards, gifts, and flowers via its online platforms. The company leverages its proprietary technology to offer a seamless user experience, allowing customers to personalize products easily. Its revenue model primarily revolves around direct-to-consumer sales, where customers purchase items directly from the Moonpig website or app. The company benefits from economies of scale in production and logistics, as well as strategic partnerships with suppliers to offer a diverse product range. Additionally, Moonpig may engage in cross-promotional activities and partnerships with popular brands to drive sales and enhance its market presence.

Moonpig Group Plc Financial Statement Overview

Summary
Moonpig Group Plc demonstrates solid revenue growth and profitability improvements, supported by strong cash flow generation. However, the company faces significant financial leverage challenges with negative equity, which poses a risk to financial stability. Continued focus on debt management and operational efficiency will be crucial for sustained performance.
Income Statement
75
Positive
The company has shown consistent revenue growth with a 6.57% increase in 2024 compared to 2023. Gross profit margin improved to 59.36% in 2024, indicating effective cost management. Net profit margin also increased to 10.02% in 2024, reflecting better operational efficiency. However, EBIT and EBITDA margins have shown moderate improvement, suggesting room for enhancing operational leverage.
Balance Sheet
40
Negative
The balance sheet reflects a challenging capital structure with a high debt-to-equity ratio due to negative equity, indicating potential financial risk. Equity ratio is also negative, highlighting reliance on debt financing. Positive return on equity is not calculable due to negative equity, overshadowing the profitability improvements.
Cash Flow
80
Positive
Strong cash flow performance with a significant increase in free cash flow by 317.45% from 2023 to 2024. The operating cash flow to net income ratio is robust at 2.18, indicating efficient cash conversion. Free cash flow to net income ratio is also strong at 1.78, reflecting effective cash management despite high debt levels.
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
341.14M320.13M304.33M368.18M173.12M
Gross Profit
202.53M163.96M140.41M181.73M88.19M
EBIT
66.28M52.09M59.36M78.90M33.53M
EBITDA
91.81M72.03M62.64M50.40M43.92M
Net Income Common Stockholders
34.17M26.61M31.44M20.77M30.70M
Balance SheetCash, Cash Equivalents and Short-Term Investments
9.64M22.39M101.68M66.02M12.08M
Total Assets
258.53M289.70M173.54M141.18M108.04M
Total Debt
134.69M190.04M185.48M181.10M40.43M
Net Debt
125.05M167.65M83.81M115.08M28.35M
Total Liabilities
254.70M323.42M242.86M252.52M88.52M
Stockholders Equity
3.84M-33.72M-69.32M-111.34M19.52M
Cash FlowFree Cash Flow
60.83M14.57M38.74M42.47M53.98M
Operating Cash Flow
74.58M37.20M48.48M53.28M61.64M
Investing Cash Flow
-13.55M-111.23M-9.74M-14.37M-7.48M
Financing Cash Flow
-73.63M-5.11M-2.86M14.88M-44.15M

Moonpig Group Plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price227.50
Price Trends
50DMA
213.46
Positive
100DMA
218.01
Positive
200DMA
219.01
Positive
Market Momentum
MACD
4.41
Negative
RSI
61.97
Neutral
STOCH
84.63
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MOON, the sentiment is Positive. The current price of 227.5 is above the 20-day moving average (MA) of 213.99, above the 50-day MA of 213.46, and above the 200-day MA of 219.01, indicating a bullish trend. The MACD of 4.41 indicates Negative momentum. The RSI at 61.97 is Neutral, neither overbought nor oversold. The STOCH value of 84.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:MOON.

Moonpig Group Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBJD
77
Outperform
£3.88B12.0614.67%1.24%2.85%61.98%
77
Outperform
£1.06B12.149.37%5.56%2.78%11.20%
76
Outperform
£315.66M7.6513.65%6.28%7.75%-21.78%
63
Neutral
£761.63M890.75%0.44%5.32%-152.26%
60
Neutral
$6.54B11.343.27%4.27%2.37%-20.86%
GBASC
49
Neutral
£373.44M-48.80%-18.15%-30.29%
48
Neutral
£249.98M-96.36%-16.32%-202.39%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:MOON
Moonpig Group Plc
227.50
55.86
32.54%
GB:DEBS
boohoo group Plc
19.42
-14.16
-42.17%
GB:CARD
Card Factory
90.70
-6.55
-6.74%
GB:JD
JD Sports Fashion
75.00
-42.56
-36.20%
GB:ASC
ASOS plc
313.50
-40.50
-11.44%
GB:PETS
Pets at Home
233.80
-35.97
-13.33%

Moonpig Group Plc Corporate Events

Stock Buyback
Moonpig Group Executes Share Repurchase, Reducing Share Count
Neutral
Apr 22, 2025

Moonpig Group plc has repurchased 155,743 of its ordinary shares as part of a £25 million share repurchase program, with the transaction executed on April 17, 2025, at an average price of 228.9965 pence per share. This move reduces the total number of shares in circulation to 334,626,504, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s overall stock score reflects a balance of strong cash flow performance and strategic share buybacks against the backdrop of financial leverage risks. Moderate market momentum supports the stock, but poor valuation metrics and significant financial challenges limit the score. Continued focus on improving the capital structure and operational efficiency is essential for future performance.

To see Spark’s full report on GB:MOON stock, click here.

Stock Buyback
Moonpig Group Executes Share Repurchase and Cancellation
Neutral
Apr 22, 2025

Moonpig Group plc announced the repurchase and cancellation of 155,743 ordinary shares as part of its £25 million share repurchase program. This transaction, executed on April 17, 2025, reflects the company’s ongoing efforts to manage its share capital and potentially enhance shareholder value. The remaining number of ordinary shares in issue is now 334,626,504, which will be used as a reference for shareholders and others with notification obligations under the Disclosure and Transparency Rules.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s overall stock score reflects a balance of strong cash flow performance and strategic share buybacks against the backdrop of financial leverage risks. Moderate market momentum supports the stock, but poor valuation metrics and significant financial challenges limit the score. Continued focus on improving the capital structure and operational efficiency is essential for future performance.

To see Spark’s full report on GB:MOON stock, click here.

Stock BuybackBusiness Operations and Strategy
Moonpig Group Executes Share Buyback as Part of £25 Million Program
Positive
Apr 16, 2025

Moonpig Group plc announced the repurchase of 113,457 of its ordinary shares as part of its £25 million share repurchase program. This transaction, executed on April 15, 2025, aims to optimize the company’s capital structure and potentially enhance shareholder value. Following this buyback, the total number of ordinary shares in issue stands at 334,923,772. This move reflects Moonpig’s strategic financial management and could impact shareholder calculations under the Disclosure and Transparency Rules.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig’s overall score benefits from strong cash flow and strategic share buybacks, which help mitigate concerns about its high debt levels and negative equity. Moderate market momentum supports the stock, although poor valuation metrics and the absence of earnings call insights limit the score.

To see Spark’s full report on GB:MOON stock, click here.

Stock Buyback
Moonpig Executes Share Repurchase to Enhance Shareholder Value
Positive
Apr 15, 2025

Moonpig Group plc announced the repurchase and cancellation of 41,159 ordinary shares as part of its £25 million share repurchase program. This transaction, executed on 14 April 2025, reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value, with the remaining number of ordinary shares in issue now standing at 335,037,229.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s stock score is driven by strong cash flow performance and strategic share buybacks, although the high debt levels and poor valuation metrics pose risks. The stock shows moderate momentum but lacks full technical indicators for a comprehensive analysis. Continued focus on financial stability and operational improvements will be essential.

To see Spark’s full report on GB:MOON stock, click here.

Stock Buyback
Moonpig Group Executes Share Repurchase Program
Neutral
Apr 14, 2025

Moonpig Group plc has repurchased 115,019 of its ordinary shares as part of a £25 million share repurchase program, with the transaction executed on April 11, 2025. This move reduces the total number of shares in circulation to 335,078,388, impacting shareholder calculations under the Disclosure and Transparency Rules.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s stock score is driven by strong cash flow performance and strategic share buybacks, although the high debt levels and poor valuation metrics pose risks. The stock shows moderate momentum but lacks full technical indicators for a comprehensive analysis. Continued focus on financial stability and operational improvements will be essential.

To see Spark’s full report on GB:MOON stock, click here.

Stock BuybackBusiness Operations and Strategy
Moonpig Group Announces Share Repurchase and Cancellation
Neutral
Apr 11, 2025

Moonpig Group plc has announced the repurchase and cancellation of 127,000 of its ordinary shares as part of a £25 million share repurchase program. This transaction, executed on April 10, 2025, at an average price of 217.7312 pence per share, reduces the total number of shares in issue to 335,193,407. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s stock score is driven by strong cash flow performance and strategic share buybacks, although the high debt levels and poor valuation metrics pose risks. The stock shows moderate momentum but lacks full technical indicators for a comprehensive analysis. Continued focus on financial stability and operational improvements will be essential.

To see Spark’s full report on GB:MOON stock, click here.

Stock Buyback
Moonpig Group Announces Share Repurchase and Cancellation
Neutral
Apr 10, 2025

Moonpig Group plc announced the repurchase and cancellation of 125,000 ordinary shares as part of its £25 million share repurchase program, with the transaction conducted on April 9, 2025. This move reduces the total number of shares in issue to 335,320,407, which stakeholders can use for notification obligations under the Disclosure and Transparency Rules, potentially impacting shareholder interests and market positioning.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s stock score is driven by strong cash flow performance and strategic share buybacks, although the high debt levels and poor valuation metrics pose risks. The stock shows moderate momentum but lacks full technical indicators for a comprehensive analysis. Continued focus on financial stability and operational improvements will be essential.

To see Spark’s full report on GB:MOON stock, click here.

Stock BuybackBusiness Operations and Strategy
Moonpig Executes Share Repurchase as Part of £25m Program
Neutral
Apr 9, 2025

Moonpig Group plc has announced the repurchase and cancellation of 126,000 ordinary shares as part of its £25 million share repurchase program. This transaction, executed on April 8, 2025, reflects the company’s strategic financial management and may influence shareholder calculations regarding their interests in the company. The repurchase was facilitated by J.P. Morgan Securities plc, and the remaining number of ordinary shares in issue is now 335,445,407.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s stock score is driven by strong cash flow performance and strategic share buybacks, although the high debt levels and poor valuation metrics pose risks. The stock shows moderate momentum but lacks full technical indicators for a comprehensive analysis. Continued focus on financial stability and operational improvements will be essential.

To see Spark’s full report on GB:MOON stock, click here.

Stock BuybackBusiness Operations and Strategy
Moonpig Executes Share Repurchase to Optimize Financial Structure
Neutral
Apr 7, 2025

Moonpig Group plc announced the repurchase and cancellation of 118,000 ordinary shares as part of its £25 million share repurchase program, initially announced in November 2024. This transaction, executed on April 4, 2025, at an average price of 220.4625 pence per share, reduces the total number of shares in issue to 335,697,607. This move is part of Moonpig’s strategic financial management, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Moonpig Group Announces Strong Profit Performance and New Share Buyback
Positive
Apr 3, 2025

Moonpig Group plc announced a strong profit performance for the financial year ending April 2025, with expected revenue between £350 million and £353 million and an Adjusted EBITDA margin at the top end of its guidance range. The company has seen growth driven by its core levers of customer base, order frequency, and average order value, despite a slow start for Greetz in the second half of the year. Moonpig’s strong cash generation has led to a new £60 million share buyback plan, set to commence in FY26, reflecting confidence in sustained free cash flow and profitability. The company continues to capitalize on technology and data to enhance customer engagement and loyalty, positioning itself well for the ongoing shift to online platforms.

Stock BuybackBusiness Operations and Strategy
Moonpig Executes Share Buyback to Optimize Capital Structure
Positive
Apr 2, 2025

Moonpig Group plc announced the repurchase and cancellation of 126,000 of its ordinary shares as part of its £25 million share repurchase program. The transaction, executed on April 1, 2025, was facilitated by J.P. Morgan Securities plc, with an average share price of 211.7275 pence. This move reduces the total number of ordinary shares in issue to 335,926,386, which stakeholders can use as a reference for disclosure and transparency obligations. The share buyback is a strategic decision aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

Regulatory Filings and Compliance
Moonpig Group Announces Total Voting Rights Update
Neutral
Apr 1, 2025

Moonpig Group plc has announced that as of 31 March 2025, its ordinary issued share capital comprises 336,052,386 ordinary shares with voting rights, and it holds no shares in Treasury. This update on voting rights and capital structure provides clarity on the company’s shareholder composition, which is crucial for stakeholders interested in the governance and financial health of the company.

Stock BuybackBusiness Operations and Strategy
Moonpig Group Announces Share Repurchase and Cancellation
Neutral
Apr 1, 2025

Moonpig Group plc announced the repurchase and cancellation of 121,212 ordinary shares as part of its £25 million share repurchase program. This transaction, executed on March 31, 2025, involved shares bought at an average price of 211.6521 pence, with the remaining number of shares in issue now standing at 336,052,386. This move is part of Moonpig’s strategic financial management to optimize shareholder value and maintain transparency in its shareholding structure.

Stock Buyback
Moonpig Executes Share Repurchase to Optimize Capital Structure
Positive
Mar 26, 2025

Moonpig Group plc announced the repurchase and cancellation of 132,500 of its ordinary shares as part of a £25 million share repurchase program. This transaction, executed on March 25, 2025, at an average price of 203.0198 pence per share, reflects the company’s efforts to manage its capital structure and potentially enhance shareholder value. Following this buyback, the total number of ordinary shares in issue stands at 336,520,728, a figure relevant for shareholders and others with notification obligations under the Disclosure and Transparency Rules.

Stock BuybackBusiness Operations and Strategy
Moonpig Executes Share Repurchase as Part of Strategic Financial Plan
Neutral
Mar 25, 2025

Moonpig Group plc has announced the repurchase and cancellation of 126,500 of its ordinary shares as part of a £25 million share repurchase program. This transaction, executed on 24 March 2025, reflects the company’s strategic financial management and may influence shareholder calculations under the Disclosure and Transparency Rules, as the remaining number of ordinary shares in issue is now 336,653,228.

Stock BuybackBusiness Operations and Strategy
Moonpig Group Executes Share Repurchase Program
Neutral
Mar 24, 2025

Moonpig Group plc has executed a share repurchase, buying back 133,000 of its ordinary shares as part of a £25 million share repurchase program. This transaction, facilitated by J.P. Morgan Securities plc, reduces the total number of shares in issue to 336,779,728, which stakeholders can use for disclosure and transparency calculations. This move reflects the company’s strategic financial management and could potentially impact shareholder value and market perception.

Stock Buyback
Moonpig Executes Share Repurchase as Part of £25 Million Program
Neutral
Mar 14, 2025

Moonpig Group plc has executed a share repurchase transaction, buying back 131,200 of its ordinary shares for cancellation as part of a £25 million share repurchase program. This transaction affects the total number of shares in circulation, which now stands at 337,557,839, and is significant for stakeholders monitoring shareholding changes under the Disclosure and Transparency Rules.

Stock Buyback
Moonpig Group Executes Share Repurchase Program
Neutral
Mar 12, 2025

Moonpig Group plc has executed a share repurchase program, buying back 130,200 of its ordinary shares for cancellation at an average price of 202.7895 pence per share. This transaction is part of a previously announced £25 million share repurchase initiative, aimed at optimizing the company’s capital structure. The repurchase reduces the total number of shares in issue to 337,818,845, which may affect shareholder calculations under the Disclosure and Transparency Rules.

Regulatory Filings and Compliance
Moonpig Group Updates on Voting Rights and Capital Structure
Neutral
Mar 3, 2025

Moonpig Group plc announced that as of 28 February 2025, its issued share capital consists of 338,918,923 ordinary shares, each with voting rights, and no shares held in treasury. This update on voting rights and capital structure provides clarity on the company’s shareholder base, which is crucial for stakeholders monitoring the company’s governance and market position.

Dividends
Moonpig Group Announces FY25 Interim Dividend Currency Conversion
Neutral
Feb 27, 2025

Moonpig Group plc has announced the euro exchange rate for its FY25 interim dividend, set at EUR 1.2084 to GBP 1, with dividends to be paid on 20 March 2025. This announcement confirms the currency conversion details for shareholders who have opted for euro payments, impacting how international stakeholders will receive their dividends.

Other
Liontrust Adjusts Stake in Moonpig Group Plc
Neutral
Feb 24, 2025

Liontrust Investment Partners LLP has adjusted its holdings in Moonpig Group Plc, resulting in a change in the breakdown of voting rights. As of February 20, 2025, Liontrust holds 11.1679% of the voting rights in Moonpig, a slight decrease from the previous 11.995543%. This change reflects a minor shift in the company’s shareholder structure, which could have implications for its governance and decision-making processes.

Business Operations and StrategyRegulatory Filings and Compliance
Moonpig Group Plc Announces Change in Shareholder Voting Rights
Neutral
Feb 19, 2025

Moonpig Group Plc, a UK-based company, has announced a change in its shareholder voting rights. Ameriprise Financial, Inc., based in the United States, has adjusted its voting rights in the company, crossing a threshold with its current holding at 4.332% of voting rights, down from a previous position of 5.012%. This change in voting rights may reflect strategic repositioning by Ameriprise Financial, which could have implications for Moonpig’s governance and stakeholder dynamics.

Stock Buyback
Moonpig Group Announces Share Repurchase and Cancellation
Neutral
Feb 14, 2025

Moonpig Group plc announced the repurchase and cancellation of 113,945 of its ordinary shares on 13 February 2025, as part of its £25 million share repurchase programme. This transaction impacts the total number of shares in issue, now standing at 339,920,181, and provides a basis for shareholders to assess their notification obligations under the Disclosure and Transparency Rules.

Stock Buyback
Moonpig Group Executes Share Buyback Reducing Share Count
Neutral
Feb 12, 2025

Moonpig Group plc has repurchased 116,978 of its ordinary shares as part of a £25 million share buyback program, at an average price of 217.9557 pence per share. This transaction, facilitated by J.P. Morgan Securities plc, reduces the total number of ordinary shares in circulation to 340,155,162, allowing shareholders to adjust their holdings in compliance with disclosure regulations.

Regulatory Filings and Compliance
Moonpig Group Clarifies Total Voting Rights and Share Capital Structure
Neutral
Feb 3, 2025

Moonpig Group plc has announced that its ordinary issued share capital consists of 341,184,646 ordinary shares, each carrying voting rights, with none held in treasury. This notification clarifies the company’s total voting rights, essential for stakeholders to understand its capital structure. The announcement reflects the company’s transparency in its market operations, potentially impacting shareholder decisions and market perception.

Business Operations and StrategyRegulatory Filings and Compliance
Ameriprise Increases Stake in Moonpig Group Plc
Neutral
Jan 28, 2025

Ameriprise Financial, Inc., a shareholder in Moonpig Group Plc, has increased its voting rights to 5.012%, crossing a previously held threshold of 4.985%. This change indicates a strategic adjustment in Ameriprise’s investment stance, potentially impacting Moonpig’s shareholder dynamics and signaling confidence in the company’s market position.

Stock BuybackBusiness Operations and StrategyRegulatory Filings and Compliance
Moonpig Group Executes Share Repurchase for Capital Optimization
Neutral
Jan 24, 2025

Moonpig Group plc has conducted a share repurchase transaction as part of its £25 million share buyback program, purchasing 115,630 ordinary shares for cancellation on January 23, 2025. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. Following the transaction, the total number of ordinary shares in issue stands at 341,666,231, a figure relevant for shareholders to determine their interest notifications under regulatory requirements.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.