The following are the latest ratings and target prices for US stocks from various brokerage firms:
Bernstein maintains its sell rating on Rivian Automotive (RIVN.O) with a target price of $7.55.
Analysts believe the company has weak profitability, high capital expenditures, and significant cash flow pressure. Despite existing demand for electric pickup trucks, intensified competition and cost structure issues constrain its long-term prospects, and continued losses are expected; therefore, a "sell" rating is maintained.
Guoxin Securities (Hong Kong) granted Google-A (GOOGL.O) Buy rating:
Q3 2025 revenue reached $102.35 billion (YoY +16%), net profit was $34.98 billion (YoY +33%), and cloud revenue was $15.2 billion (YoY +34%), with significant growth driven by AI. Gemini's monthly active users reached 650 million, cloud order backlog rose to $155 billion, and advertising and YouTube revenue both exceeded expectations. Capital expenditure was revised upward to $91-93 billion, demonstrating confidence in long-term AI strategy.
Huachuang Securities Maintaining Emark technology (AMKR.O) Buy rating:
Q3 2025 revenue reached $1.99 billion (QoQ +31%), with gross margin improving by 230 basis points quarter-over-quarter to 14.3%, and net income reaching $127 million (QoQ +132.6%). Benefiting from strong demand for advanced packaging, the communications and computing businesses achieved record highs. Capital expenditure was increased to $950 million to strengthen the high-density fan-out and system-in-package (SiP) strategy, with continued volume growth from high-end products supporting further growth.
China International Capital Corporation We maintain our Outperform rating on Carrier Global (CARR.N) with a target price of $76.85.
3Q25 results met expectations, but full-year guidance was lowered. Organic revenue was flat, with adjusted EPS expected at $2.65. The residential business is under short-term pressure, while the commercial business remains robust, accounting for approximately 30% of sales. We expect a high degree of certainty in the recovery in 2026, with long-term benefits from electrification and climate control trends. Our target price is based on a 2025 PE ratio of 29x, representing a 26.5% upside from the current price.
CITIC Securities Maintain Digital Real Estate Trust (DLR.N) Buy rating:
Benefiting from the release of demand for AI and high-performance computing, Q3 2025 results exceeded expectations, with adjusted EBITDA increasing by 14% year-on-year. PlatformDIGITAL covers more than 50 metropolitan areas, with an IT capacity of 2890MW, an order backlog of approximately 8 months, and strong momentum for lease renewals and price increases. The company has optimized its asset portfolio, raised its full-year profit guidance, and demonstrates stable operations and significant growth potential.
CICC maintains its "Outperform" rating on Meta Platforms Inc-A (META.O) with a target price of $773.
3Q25 revenue increased by 26% year-on-year, exceeding expectations, with significant improvements in advertising revenue and AI efficiency, benefiting from the video trend. Although net profit was affected by one-off tax expenses, operating profit still exceeded expectations. The company is increasing its investment in AI and capital expenditure, and its long-term growth momentum is strong. Based on the revaluation of AI, the target price corresponds to a 2025 P/E of 33.6x, which has an upside of 3% from the current level.
China Merchants Securities (Hong Kong) Maintains New Oriental (EDU.N) Buy rating, target price $76.0:
FY26Q1 results met expectations, with non-GAAP operating profit exceeding expectations, primarily driven by improved operational efficiency. The recovery in the K-12 business fueled accelerated revenue growth, while AI-enabled educational products and internal management drove paid user growth and cost reduction. We maintain our Buy rating and raise our target price to $76.0, reflecting a robust growth outlook and attractive shareholder returns (dividends + share buybacks of approximately 5% of market capitalization).
China Merchants Securities maintains its view on NXP Semiconductors (NXPI.O) Buy rating:
The company's Q3 2025 revenue was $3.173 billion, exceeding the midpoint of guidance, and the gross margin of 57.0% met expectations. (Automotive and Industrial IoT) Business grew both year-over-year and quarter-over-quarter, with automotive demand benefiting from the software-defined vehicle trend and strong demand in the Chinese market. 2025Q4 guidance exceeded expectations, with median revenue up 6% year-over-year, industrial IoT up 10% quarter-over-quarter, and significant improvement in mobile business. We are optimistic about the sustainability of structural growth.
First Shanghai maintains Tesla (TSLA.O) Buy rating, target price $520.00:
2025 Q3 revenue and free cash flow exceeded expectations, driven by vehicle deliveries and energy storage. Deployment hits new highs, with robust gross margins. FSD penetration has increased to 12%, Robotaxi is progressing smoothly, and Cybercab is scheduled to begin production in 2026. We have revised our delivery forecast upwards, and based on discounted free cash flow in 2026, we have a target price of $520, corresponding to a 2027 P/E ratio of 150x. We maintain our Buy rating.
Everbright Securities Maintain Microsoft (MSFT.O) Buy rating:
FY26Q1 revenue and profit margins exceeded expectations, with accelerated growth in intelligent cloud and Azure, and a significant increase in capital expenditure reflecting accelerated AI investment. We have raised our earnings forecasts for fiscal years 2026-2028, corresponding to a PE ratio of 34x/29x/25x at the current price, and are optimistic about the long-term growth potential driven by AI.
CITIC Securities maintains Nvidia's (NVDA.O) Buy rating, target price $237:
The company raised its forward revenue guidance to $500 billion, and expects cumulative shipments of Blackwell+Rubin chips to reach 20 million units. Demand for AI computing power continues to grow, and increased inference workloads are driving demand for commercial GPUs. The company maintains a leading position in the AI ecosystem, deepens cooperation with the industry chain, and is expected to achieve long-term growth.
China Merchants Securities (Hong Kong) maintains its buy rating on Microsoft (MSFT.O) with a target price of $636.3.
Microsoft's revenue and profit for 1QFY26 both exceeded expectations, with Azure cloud revenue growing 40% year-over-year, strong commercial bookings, and operating margin improving by 2.3 percentage points to 48.9%. AI-driven Copilot users surpassed 150 million, and ARPU continued to expand. We have raised our FY26-28E earnings forecasts and target price to $636.3, corresponding to a FY27E P/E ratio of 34.8x.
China Merchants Securities (Hong Kong) maintains current service company (NOW.N) Buy rating, target price $1180:
The company's Q3 revenue and non-GAAP operating profit both exceeded expectations, with cRPO growing by 21% year-on-year. AI product ACV is expected to surpass $500 million in FY25. AI-driven efficiency improvements, such as Now Assist, are driving profit margin expansion. Management raised its full-year guidance, and based on a FY26E 45x EV/EBITDA valuation, slightly adjusted the target price to $1180.
Guotai Haitong Maintain Google-C (GOOG.O) Overweight rating, target price $328:
We have revised our revenue and net profit forecasts upward for 2025-2027, benefiting from the accelerated growth of our advertising and cloud businesses, AI-driven search volume growth, Gemini's monthly active users reaching 650 million, and a 46% quarter-on-quarter increase in cloud orders, highlighting our full-stack AI capabilities. High investment has resulted in stable profits, with the operating profit margin increasing to 33.9% after excluding one-time fines.
Huatai Securities Maintaining a good future (TAL.N) Buy rating, target price $14.31:
Q2 revenue and profit significantly exceeded expectations, primarily driven by strong growth in the enrichment business and strong sales of learning machines. Cost reduction and efficiency improvement boosted profit elasticity, and share buybacks demonstrated confidence. We have raised our FY26 net profit forecast and, based on the SOTP method, give a target price of US$14.31, corresponding to a FY26 PE ratio of 25x for learning services and 30x for learning machines.
Huatai Securities maintains its buy rating on Meta Platforms Inc-A (META.O) with a target price of $900.
3Q revenue and profit exceeded expectations, with advertising revenue growing 26% year-over-year. Reels' annualized revenue exceeded $50 billion, driven by AI-driven improvements in ad conversion rates. Capex raised its target price to $72 billion, increasing its investment in AI and cloud infrastructure. Revenue forecasts for 2025-2027 were revised upwards. Although net profit in 2025 was impacted by a one-time tax burden, the progress and accelerated commercialization of AI support long-term growth. The target price is based on a 2026 PE ratio of 29.2x.
(Article source: CLS)
