TFC

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Truist Financial (TFC) is back in focus after recent trading left the stock roughly flat over the past month, while still showing a gain over the past 3 months and the past year. See our latest analysis for Truist Financial. With the share price at US$50.42, Truist Financial has seen a 7 day share price return that declined 5.05% and a 30 day share price return that declined 2.53%. However, the 1 year total shareholder return of 14.53% and 3 year total shareholder return of 102.82% point to stronger momentum over a longer horizon. If Truist Financial's recent moves have you reassessing your banking exposure, it can help to broaden your watchlist and check out 21 top founder-led companies Bulls point to Truist Financial's longer term shareholder returns and recent revenue and net income growth. Bears focus on the softer near term share performance. Which side does the current valuation at US$50.42 support next? The most followed valuation narrative for Truist Financial places fair value at $55.88, above the last close at $50.42. That gap hinges on specific assumptions about earnings, margins and how the market prices bank stocks over time. Read the complete narrative. Want to see what underpins that earnings path for Truist Financial? The narrative leans on sustained revenue growth, firm margins and a richer future earnings multiple. You can explore which assumptions matter most and how they stack up against today’s pricing. Result: Fair Value of $55.88 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Truist Financial still faces pressure if its sizable branch network keeps costs elevated or if commercial real estate exposure leads to higher credit losses. Find out about the key risks to this Truist Financial narrative. With both risks and rewards in play around Truist Financial, it makes sense to review the numbers yourself and form your own stance. To balance the concerns with the potential upside, take a look at the 3 key rewards and 1 important warning sign If Truist Financial is on your radar, this is a good moment to widen your search and line up a few other stocks that could complement your portfolio. Spot potential value opportunities early by checking companies flagged in the screener containing 19 high quality undiscovered gems before they attract wider attention. Strengthen your downside protection by reviewing companies highlighted in the 78 resilient stocks with low risk scores that score well on resilience and overall risk profile. Build a list of candidates with healthier finances by scanning the solid balance sheet and fundamentals stocks screener (50 results) and focusing on stronger balance sheets and fundamentals. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TFC. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Truist said cybersecurity spending remains resilient, but enterprise budgets are becoming more concentrated in specific areas. Identity security, cyber resilience, AI governance and data security are among the categories attracting more spending. Truist said Rubrik and SailPoint were its preferred cybersecurity names heading into earnings, citing their exposure to areas with stronger budget allocation. Shares of CrowdStrike (CRWD), Rubrik (RBRK) and SailPoint (SAIL) dipped in pre-market trading on Wednesday amid broader market weakness, despite price hikes from Truist ahead of their earnings reports. Analyst Junaid Siddiqui raised CrowdStrike's price target to $245 from $187.50, while keeping a ‘Buy’ rating. Rubrik's target jumped to $135 from $90, and SailPoint's target rose to $23 from $18, both with ‘Buy’ ratings. All three moves came as part of an off-cycle software earnings preview. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox RBRK stock fell as much as 1.3% in pre-market trade, but was among the top trending tickers on Stocktwits at the time of writing. Retail sentiment around the cloud management solutions provider remained in ‘bullish’ territory over the past day, accompanied by chatter at ‘high’ levels. CRWD stock edged 0.4% lower in pre-market trade, with retail sentiment trending in the ‘bearish’ zone over the past day. SAIL stock traded flat and retail sentiment fell to ‘neutral’ from ‘bullish’ territory. According to Truist, cybersecurity spending remains resilient overall, calling the setup “constructive" for CrowdStrike heading into earnings. However, it noted that cyber budgets were becoming increasingly concentrated on identity security, cyber resilience, AI governance, data security, and platform consolidation, rather than being evenly distributed across the sector. Truist pegged Rubrik and SailPoint as its preferred names going into earnings, saying both companies are positioned for "beat-and-raise quarters." Rubrik operates in data security and cyber resilience, while SailPoint focuses on identity security, two of the specific categories Truist says are pulling in a bigger share of enterprise cyber budgets right now. Over the past 12 months, SAIL has underperformed its two peers, falling over 5%, while RBRK stock gained more than 17% and CRWD stock nearly doubled. Truist’s updated targets suggest the firm sees additional upside in all three stocks, though the investment cases differ. CrowdStrike is scheduled to report earnings on August 26, with Wall Street expecting earnings per share (EPS) of $0.29 on revenue of $1.4 billion. Rubrik is scheduled to report its second-quarter earnings a day later, with consensus estimates forecasting EPS of $0.04 and revenue of $396 million.SailPoint, which is scheduled to report its earnings next month, has Wall Street looking for $0.08 in EPS and $310 million in revenue. Read also: Samsung Reportedly Hikes Chip Prices Amid TSMC Capacity Crunch: Nvidia, Apple, Tesla Fuel Demand For updates and corrections, email newsroom[at]stocktwits[dot]com. Prabhjote Gill has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: TGT Stock Heads For Fourth Weekly Gains: Target’s Turnaround Gains Traction, DA Davidson Says ‘Earnings Power’ Can Keep Rising BULL Stock Surges Overnight: Webull CEO Calls End Of PDT Rule A 'Defining Event' Of Record Q2 SPCX Stock Falls Ahead Of Share Unlock As Starlink Approaches New Milestone

With stocks back at all-time highs, Wall Street strategists see signs that all that spending on AI is starting to pay off — at least for the megacap hyperscalers and their booming cloud businesses. "We are seeing signs that the spending is leading to earnings," Keith Lerner, chief investment officer at Truist, told Yahoo Finance. JPMorgan analysts lifted their price target on the S&P 500 (^GSPC) to 8,000 from 7,800 last week, citing not only strong earnings and upward guidance revisions but also strong demand for cloud, in which companies rent computing power and storage. Microsoft (MSFT), which saw record cloud revenue last quarter as its Azure business topped $100 billion in annual sales for the first time, anticipates further acceleration this quarter. Amazon's (AMZN) AWS growth hit 36.7% in the quarter, its fastest in 18 quarters, according to the company. Alphabet (GOOGL, GOOG) has also seen explosive growth in its cloud business. Even Meta (META) is weighing renting out some of its computing power. Although free cash flow is expected to remain negative in FY27 for most hyperscalers, the business they have lined up is growing faster than their spending, a sign that demand is starting to catch up with all that capital expenditure, said JPMorgan strategist Dubravko Lakos-Bujas. "This suggests that monetization may start ramping faster than spending, which should support stronger future revenue growth and further alleviate concerns about return on invested capital," the analyst said. Among the top four cloud service providers, cloud computing backlogs now exceed a whopping $2.3 trillion, up 16% from the first quarter, according to Bank of America research. All of those commitments will require more investments. Alphabet, Amazon, Microsoft, and Meta are collectively projected to allocate roughly $725 billion to $760 billion to capital expenditures this year to help build AI. "I love cloud right now because I think the cloud capacity is ... the next bottleneck that has to be resolved in this AI data build-out after semiconductors and memory. " Tom Essaye, founder of Sevens Report Research, told Yahoo Finance. He said of his stock picks, "If I had to rank them in order, it would probably be Google, Amazon, and then Microsoft," noting that Microsoft is last because of risk in its Office software segment, given the sector's overall slump. Even hiccups from router giant Cisco (CSCO) and chipmaker Cerebras (CRBS) last week weren't enough to derail the AI theme. "The market has this expectation for explosive growth. And very good is not good enough," Defiance ETFs chief investment officer Sylvia Jablonski told Yahoo Finance. Truist's Lerner said tech and AI will continue to be the trades to watch for the rest of the year. He advises his clients to stay Overweight in tech, though he sees other areas of the market that can help balance a portfolio, including Healthcare (XLV) and Financial Services (XLF). Ines Ferre is a senior business reporter for Yahoo Finance. Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance

Trade Desk stock crashed 28% after Q2 revenue of $715M missed estimates and Q3 guidance of at least $650M fell $155M short of the $805M consensus. MoffettNathanson slashed its Trade Desk stock price target to $6 from $23, leading a wave of downgrades as Truist and Wells Fargo warn a turnaround could take several quarters. AppLovin's steady trading and Magnite's raised full-year outlook confirm that Trade Desk stock's collapse today is company-specific, not a signal of a broken ad-tech market. It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor) The Trade Desk (NASDAQ:TTD) stock is plunging 28% to $12.76 in Friday morning trading after the advertising-technology company delivered a disappointing second-quarter report and offered a sharply weaker outlook for the third quarter. The collapse comes one day after The Trade Desk stock fell 6.8% to $17.67 without any obvious company-specific news, making Friday's selloff a much clearer signal about the company's own business. The contrast with other ad-tech stocks is striking. AppLovin (NASDAQ:APP) stock is up 1% to $340.55, while Magnite (NASDAQ:MGNI) stock is down just 1% to $24.15, and the Invesco QQQ Trust (NASDAQ:QQQ) is up 0.82% to $720.61 as investors digest a weaker-than-expected July jobs report. The Trade Desk reported second-quarter revenue of $715 million, below expectations of $751 million, while adjusted earnings per share came in at $0.34 versus the $0.40 consensus estimate. The Trade Desk's third-quarter outlook was even more concerning, with revenue expected to reach at least $650 million compared with expectations of roughly $805 million. Management pointed to macroeconomic pressure affecting consumer packaged goods and automotive advertisers, along with execution problems and a shift toward lower-cost programmatic fixed-price media. The Trade Desk also faces competition from cheaper alternatives, creating a difficult combination of weaker demand, pricing pressure and potential market-share losses. SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. (Sponsor) Wall Street responded with an unusually broad wave of downgrades and price-target cuts. BMO Capital downgraded The Trade Desk stock to Market Perform with a $15 target from $38, while Citi moved to Sell with an $11 target from $21 and Evercore ISI cut its target to $13 from $27. Guggenheim downgraded The Trade Desk to Neutral and reduced its target to $12 from $25, while RBC Capital moved to Sector Perform with a $15 target from $33. MoffettNathanson went further by cutting its target to $6 from $23, underscoring how dramatically expectations have changed. AppLovin stock is holding up despite the broader market uncertainty, while Magnite stock is also showing relative strength after Magnite delivered a better-than-expected second quarter and raised its full-year outlook. Yesterday's ad-tech split therefore appears even more significant today, with investors increasingly distinguishing between companies facing company-specific problems and those showing stronger operating momentum. AppLovin and Magnite also provide an important counterpoint to the argument that Friday's Trade Desk collapse simply reflects a weak advertising market. Trade Desk's pricing pressure, execution issues and advertiser losses appear to be more specific problems, although softer economic conditions could still create headwinds across the broader industry. The bullish case for Trade Desk stock is that the 28% plunge could eventually price in a significant portion of the company's near-term deterioration. UBS remains constructive with a $16 price target and believes improved sales execution, product updates and growing joint-business-plan momentum could provide early signs of a recovery. However, the bearish case currently has more immediate evidence behind it. Raymond James downgraded Trade Desk to Underperform, while Truist argued that fixing the company's problems could take several quarters, and Wells Fargo warned that trends could continue deteriorating unless Trade Desk aligns pricing with the broader industry. Investors can watch for whether Trade Desk can stabilize advertiser relationships, reverse share losses and turn product improvements into renewed spending growth. Given the magnitude of the earnings-driven reset and the wide range of reduced price targets, investors choosing to own Trade Desk stock may want to keep their position sizes moderate, even if the sharp decline makes the shares appear increasingly tempting to contrarian buyers. Looking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open a new Active Invest account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock. From $0 commission trading3 to fractional shares4 and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus.(Sponsor) Contact [email protected] for any questions or corrections.

Several brokerages, including Jefferies, Wells Fargo, Truist, JPMorgan and Morgan Stanley, raised their price targets. Analysts said AMD’s AI GPU roadmap and expanding data center business remain the key drivers of the long-term investment case. Retail sentiment remains firmly bullish, with AMD receiving 59% of votes in a Stocktwits poll asking which trending stock investors favor over the next five years. Shares of Advanced Micro Devices Inc. (AMD) tumbled on Wednesday as its revenue outlook failed to impress investors, despite the company reporting better-than-expected second-quarter earnings and revenue. While the stock was under pressure, Wall Street analysts largely maintained their bullish outlook, raising price targets, and retail investors on Stocktwits continued to back the company's long-term AI growth story. At the time of writing on Wednesday midday, AMD shares were down 6%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox AMD reported second-quarter revenue of $11.5 billion, up 50% from a year earlier, while adjusted earnings came in at $1.66 per share. Both topped analysts’ expectations of $11.3 billion in revenue and $1.62 per share in earnings. Despite the post-earnings selloff, several brokerages raised their price targets on AMD, citing confidence in the company's AI GPU and data center businesses. Jefferies: Raised its price target to $650 from $640, implying about 25% upside from Tuesday’s close, while reiterating a Buy rating. The brokerage said AMD’s results and guidance missed “lofty expectations,” but expects AI GPU growth to accelerate in the fourth quarter, according to TheFly. JPMorgan: Hiked its price target to $550 from $385, about 6% upside from the last close, while maintaining a Neutral rating. The brokerage said AMD delivered another “beat and raise” quarter, though September-quarter guidance came in slightly below buy-side expectations. It expects data center growth to outpace overall AI infrastructure spending in 2027. Wells Fargo: Raised its price target to $700 from $615, implying nearly 35% upside, while maintaining an Overweight rating. It cited stronger long-term growth expectations, with AMD now forecasting revenue growth above 35% CAGR between 2025 and 2030 and earnings exceeding its previous target by 2029-2030. Morgan Stanley: Increased its price target to $465 from $410 while maintaining an Equal Weight rating. The analyst said the quarterly results were largely expected, but called management's outlook for 2027 data center revenue to more than double “certainly positive.” The new target implies about 10% downside from Tuesday's close. Truist: Lifted its price target to $594 from $478, implying nearly 15% upside from the last close, while reaffirming a Buy rating. The brokerage pointed to improving product performance, accelerating demand and stronger execution, saying those factors support a more credible 2027 data center outlook. On Stocktwits, retail sentiment on AMD remained ‘extremely bullish,’ unchanged over the past 24 hours, while message volume was ‘extremely high.’ In a Stocktwits poll asking retail investors which of AMD, Shopify, Uber or Eli Lilly they were most bullish on over the next five years, AMD led with 65% of the votes at the time of writing. Many retail traders also echoed Wall Street’s optimism, focusing on AMD’s long-term AI and data center opportunity, with some even projecting the stock could reach as high as $800. One trader said AMD’s 51% year-over-year revenue growth, record data center revenue, earnings and revenue beat, higher guidance, and multiple analyst price targets between $620 and $700 supported the long-term bullish case, despite the possibility of near-term pullbacks. “I’ll stick with the numbers until they tell a different story,” added the trader. Another retail investor said those with available cash should use the current weakness to position for “the next run to 800+.” AMD stock has gained nearly 130% year to date. Over the same period, the SPDR S&P 500 ETF Trust (SPY) has risen 12%, while the Invesco QQQ Trust (QQQ) is up about 16%. The VanEck Semiconductor ETF (SMH) has gained 58%, while the iShares Semiconductor ETF (SOXX) has advanced 76%. Also See: Lisa Su Says Customers Want 'A Lot More Compute' — Sees 'Tremendous Momentum' In AMD’s Data Center Business For updates and corrections, email newsroom[at]stocktwits[dot]com. Aveek Bhowmik has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: CRM, NOW, INTU, ADBE: Software Stocks Slide After Figma Flags Surging AI Costs RDW Stock Surges Overnight On Blockbuster Earnings: Retail Wants ‘Valuation Rebalance’ Now RKLB Stock Slips Overnight: Rocket Lab Prepares To Retry 92nd Launch After Last-Minute Electron Abort