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Piper Sandler

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Piper Sandler Shares Plunge 8.6% as Reports Emerge of Talks to Acquire Perella Weinberg
business17 days ago

Piper Sandler Shares Plunge 8.6% as Reports Emerge of Talks to Acquire Perella Weinberg

Piper Sandler shares dropped 8.6% after reports surfaced that the firm is in preliminary discussions to acquire advisory firm Perella Weinberg. While the target stock typically rises on takeover hopes, acquirer shares often fall due to concerns over financing costs, dilution, and integration risks. The deal remains unconfirmed, and Piper Sandler has already declined 25.7% year-to-date amid broader pressure from higher interest rates on private equity activity.

GTA 6 Launch Could Hit 46 Million Units, Piper Sandler Predicts
business4 months ago

GTA 6 Launch Could Hit 46 Million Units, Piper Sandler Predicts

Piper Sandler projects GTA 6 around 46 million units at launch, using subreddit traffic multipliers and historical launch data; two independent methods converge on ~46M. At $70–$80 per unit, gross revenue would be about $3.22B–$3.68B with net after platform fees around $2.25B–$2.58B. If achieved, it would surpass GTA V’s launch performance and potentially become the biggest entertainment product launch ever, though results depend on install base and pricing.

Palantir Gains Momentum as a Leading AI Growth Stock
business1 year ago

Palantir Gains Momentum as a Leading AI Growth Stock

Piper Sandler initiated an overweight rating on Palantir Technologies, citing its unique growth potential and AI dominance, despite its high valuation. Palantir's stock has surged 104% in 2025, with analysts setting a target of $170, driven by its expanding government and AI-related business. The company is viewed as a secular AI winner with strong technical ratings, though it remains extended beyond a buy point and carries high risk.

"Tesla Stock Drops After SAP Snub and Piper Sandler Price Target Cut"
business-automotive2 years ago

"Tesla Stock Drops After SAP Snub and Piper Sandler Price Target Cut"

Tesla shares dropped 4% following reports that Germany's SAP will no longer purchase electric cars from the company due to delivery delays and price fluctuations, as well as Piper Sandler's price target cut citing lower delivery expectations for the year. The stock hit its lowest point since May 2023, potentially losing nearly $24 billion in market capitalization. Additionally, U.S. safety regulators upgraded their probe into Tesla vehicles over power steering loss, while a report surfaced about Elon Musk's use of illegal drugs being known to several current and former Tesla and SpaceX board members. Despite the stock's decline, Tesla's forward earnings estimates still trade at a high multiple compared to its peers.

"Tesla Stock Drops on SAP Snub and Piper Sandler Price Target Cut"
business2 years ago

"Tesla Stock Drops on SAP Snub and Piper Sandler Price Target Cut"

Tesla's stock fell nearly 6% after reports that German software firm SAP will no longer procure electric cars from the company, and Piper Sandler cut its stock price target due to lower delivery expectations. The decline was accelerated by Tesla's forecast of "notably lower" delivery growth for 2024, potentially leading to a $34 billion loss in market capitalization. Additionally, Piper Sandler expects slower delivery growth and more price cuts due to an aging product lineup, leading to a reduced price target for Tesla's stock.

Piper Sandler declares Microsoft's long-awaited 'iPhone' moment has arrived.
technology3 years ago

Piper Sandler declares Microsoft's long-awaited 'iPhone' moment has arrived.

Piper Sandler analysts believe that the release of Microsoft's M365 Copilot AI assistant marks an "iPhone moment" for the company, presenting a first-mover advantage in generative AI. They predict that Microsoft AI has the potential to reach $100B+ in revenue, with rapid growth expected. Piper Sandler has an Overweight rating on Microsoft stock and a $425 price target.

Navigating the Stock Market: Strategies for Yield Improvement and Resilient Dividend Growth
finance3 years ago

Navigating the Stock Market: Strategies for Yield Improvement and Resilient Dividend Growth

High-yielding stocks have underperformed this year due to increased bond yields and a lack of outperformance by cyclical factors. However, investors can improve their returns by focusing on high-quality companies with sustainable dividends. Piper Sandler suggests using an "ability to sustain" screen, which analyzes cash flow, preferred dividends, capex, and common dividends. This approach has shown a 9% increase in returns compared to just screening for high dividend yield. Some attractive dividend payers identified by Piper Sandler include Altria, Verizon Communications, Keycorp, Truist Financial, Comerica, Boston Properties, AT&T, Simon Property, and Citizens Financial.

Plug Power's Stock Takes a Hit Amidst Investor Investigation and Downgrades.
finance3 years ago

Plug Power's Stock Takes a Hit Amidst Investor Investigation and Downgrades.

Shares of Plug Power, a fuel cell specialist, are down 3.2% after an analyst at KeyBanc Capital Markets downgraded the stock to market perform from outperform. This comes after another analyst at Piper Sandler slashed the price target on Plug Power's stock to $12 from $17. Investors are realizing that Plug Power's growth may not be as certain as previously thought, but there are other stocks to consider for those bullish on the hydrogen economy.