Needham analyst Charles Shi remains bullish on Taiwan Semiconductor Manufacturing Company (TSM), raising his price target to $225 due to the company’s strong third-quarter performance and positive outlook for 2025. Shi expects revenue to reach $110 billion in 2025, driven by volume growth and margin improvement, leading to a potential boost in free cash flow and dividends.
Results for: margin improvement
Norwegian Cruise Line Holdings Ltd. has reported strong financial performance for the first quarter of 2024, ending March 31. The company has delivered positive guidance for the second quarter and the full year. Key highlights include sustained margin improvement initiatives, strong revenue growth, and a solid liquidity position.
Spotify’s recent financial performance has impressed analysts, leading to a price target increase by Piper Sandler. The company’s strong gross margin, surpassing expectations, and positive guidance for operating income have contributed to this adjustment. Spotify’s proactive marketing strategy and commitment to margin improvement have also been recognized.