The following are the latest ratings and target prices for US stocks from various brokerage firms:
China International Capital Corporation We maintain our Outperform rating on Snowflake Inc (SNOW.N) with a target price of $290.
Q3 FY2026 revenue reached $1.21 billion, a 29% year-over-year increase, with profits exceeding expectations. AI drove new orders and customer growth, and RPO increased by 37.5% year-over-year. Annualized AI revenue reached $100 million, and management stated that Snowflake Intelligence is the fastest-growing product in its history. The target price is raised due to a valuation shift to 18x P/S for FY2027, representing a 24% upside from the current 15x.
CITIC Securities Maintaining Marwell Technology (MRVL.O) Buy rating, target price $120:
Benefiting from data centers Strong business growth and increased demand for customization are expected to drive revenue growth of 25% in FY2027. The acquisition of Celestial AI strengthens the company's optical interconnect portfolio and will boost future performance. Based on a PE ratio of 33x, we raise our target price to $120, reflecting its long-term growth potential.
China Merchants Securities (Hong Kong) maintains Netflix (NFLX.O) Overweight rating:
The recent stock price pullback presents a buying opportunity. The acquisition of WBD assets is strategically significant, potentially merging over 400 million subscribers and bolstering IP reserves and market share. The 2025 EV/EBITDA ratio is 23.6x, lower than Netflix's current valuation, indicating long-term growth potential. However, attention should be paid to rising debt to $98 billion and antitrust regulatory risks.
Caitong Securities Maintaining the rebirth of all things (RERE.N) Buy rating:
The company is actively expanding its overseas business, with monthly sales exceeding 10,000 units, benefiting from the trend of exporting used mobile phones. This is supported by JD.com. The acquisition of Ceconomy expands into the European market and is expected to leverage its offline channels to participate in the "trade-in" ecosystem, replicating its domestic standardization capabilities overseas and creating an international version of Paijitang. Net profit is projected to be 310 million/630 million/880 million yuan in 2025-2027, with a continuously declining PE ratio and significant growth potential.
Guoxin Securities Maintain Pony.ai (PONY.O) Outperform rating:
Q3 2025 revenue increased by 72% year-on-year, driven by strong growth in Robotaxi and licensing businesses. The seventh-generation model achieved profitability per vehicle, and the autonomous driving ecosystem continues to expand. The company is steadily advancing its global expansion, with fleet growth driving performance growth. We are optimistic about its first-mover advantage and commercialization potential in the Robotaxi and Robotruck fields.
Huatai Securities Maintain Amazon (AMZN.O) Overweight rating, target price $351.87:
The company released the Trainium3 chip and Nova2 series models, strengthening its self-developed computing power and AI ecosystem layout. AWS enhances its B2B competitiveness by improving chip performance and perfecting its Agent development toolchain. We maintain our earnings forecasts for 2025-2027, with a target price corresponding to a 2026 PE ratio of 42.9x, reflecting its full-stack cloud advantages and AI growth potential.
Industrial Securities Amazon (AMZN.O) is given a buy rating:
AWS cloud revenue accelerated its growth, with Q3 revenue increasing by 20.2% year-on-year, benefiting from the new Nova model and the AgentCore platform driving PaaS development. AI infrastructure underwent a comprehensive upgrade, with Trainium3 chips and GB300 systems improving computing power and energy efficiency, and EC2 Trn3 performance significantly enhanced. E-commerce business and cloud synergy are significant, and Rufus Assistant is expected to add $10 billion to annual revenue. Net profit is projected to continue its high growth from 2025 to 2027, demonstrating clear long-term growth potential.
Guoxin Securities maintains its position on EHang Intelligent. (EH.O) Outperform rating:
Q3 2025 revenue was 92 million yuan, a year-on-year decrease of 27.8%, with 42 eVTOL aircraft delivered, facing short-term pressure. Gross margin was 60.8%, demonstrating effective cost control and efficiency improvement. The VT35 was launched, expanding into intercity scenarios; the issuance of OC licenses facilitated the start of commercial operations; and the second phase of trial production in Yunfu will bring annual production capacity to 1,000 aircraft. Global footprint expanded to 21 countries, with the AAM Sandbox program in Thailand progressing. A strengthened ecosystem and mass production capabilities support long-term growth.
(Article source: CLS)
