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On Thursday, Stifel analysts adjusted their outlook on Alpha & Omega Semiconductor shares, increasing the price target to $30 from the previous $18. The firm sustained its Sell rating on the (NASDAQ:AOSL) stock. The adjustment arrives amidst expectations set by Stifel regarding the company’s revenue guidance for the upcoming quarter.
Stifel’s analysis suggests that Alpha & Omega Semiconductor’s revenue guidance may align with or potentially fall short of their June quarter estimate of $167.5 million. The analysts have forecasted a quarter-over-quarter increase of 6.0%, which is slightly below the four-year average historical seasonality of 7.4%. This forecast follows a previous quarter where the company’s revenue declined by 8.8% quarter-over-quarter, more than the historical seasonal average decline of 6.8%.
The price target revision reflects Stifel’s anticipation of the semiconductor company’s performance in light of recent trends and historical data. Despite the raised price target, the firm maintains a cautious stance on the stock with a Sell rating, indicating that they believe the stock may not perform well in the near future.
Investors and market watchers will be paying close attention to Alpha & Omega Semiconductor’s upcoming revenue guidance to see if it aligns with Stifel’s projections. The company’s performance in the June quarter could provide further indications of its trajectory in the semiconductor industry.
The updated price target of $30 represents a significant increase from the prior target, yet the Sell rating signals that Stifel analysts remain skeptical about the company’s short-term growth prospects. The firm’s analysis is based on the company’s past performance and industry seasonality patterns.
In other recent news, Alpha and Omega Semiconductor reported its Q2 fiscal 2025 earnings, which fell short of Wall Street expectations. The company posted earnings per share of $0.09, missing the forecasted $0.21, and reported revenue of $173.2 million, slightly below the anticipated $175.67 million. Despite the disappointing earnings, B.Riley and Benchmark analysts maintained a positive outlook on the company, with B.Riley maintaining a Buy rating and a $47 price target, and Benchmark raising its target to $42, citing Alpha & Omega’s strategic positioning with NVIDIA (NASDAQ:NVDA)’s Blackwell products as a potential growth driver.
Meanwhile, Alpha Modus Holdings announced a significant AI-powered retail expansion with its partner CashX, targeting $75 million in annual advertising revenue. This move includes deploying financial kiosks across supermarkets in California and Colorado, with plans to reach approximately 10,000 locations. The expansion is expected to provide new revenue streams through services like prepaid cards and cryptocurrency transactions.
Additionally, Alpha & Omega Semiconductor announced a reshuffle in its executive roles, with Dr. Mike F. Chang stepping down as Executive Chairman to become the Executive Vice President of Strategic Initiative. His compensation package has been adjusted, with a reduced base salary and a new bonus structure. The company’s Compensation Committee also approved a cash bonus plan for 2025, linked to specific performance goals related to non-GAAP earnings per share and revenue. These recent developments reflect Alpha & Omega’s strategic focus on AI and power management to drive future growth.
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