Stock Market Articles

Macquarie Group stock forecast (ASX:MQG) – do analysts see upside?

Macquarie Group Ltd (ASX:APT) has seen strong growth over the past 12 months, gaining 41.77%. Macquarie Group is strategically split into four main businesses, these include asset management, Banking and Financial Services, Commodities and Capital segments. The company currently boasts a market cap of $57 Billion and a steady 5 Year Beta of 1.15. In …

NIO stock forecast (NYSE:NIO) – can the stock hit $80?

Nio Inc – (NYSE: NIO) has had a stellar year of trading, outperforming investor and analyst expectations. NIO stock has gained 861.66% over the past 12 months, cementing its name as one of 2020’s best performing stocks. In addition, the Chinese EV manufacturer managed to deliver over 20,000 vehicles in the first quarter of 2021. …

SRNG is set to merge with Ginkgo Bioworks – here’s what you need to know

Soaring Eagle Acquisition Corp. (NASDAQ:SRNG) is set to merge with bio tech company Ginkgo Bioworks in a $15 Billion deal. The mammoth deal is expected to provide the biotech company $2.5 Billion in primary cash proceeds to fund future growth within multiple industries. Ginkgo Bioworks program living cells to utilise their potential across a vast …

Coinbase Global stock forecast (NASDAQ:COIN) – why are analysts bullish?

Coinbase Global (NASDAQ:COIN) made waves on Wallstreet last month after the completion of its initial public offering. The company operates a cryptocurrency exchange platform which allows investors to buy, sell and store cryptocurrencies. Coinbase boasts over 56 Million users and generated $1.14 Billion in revenue as of 2020, a 136% YOY improvement from 2019. Coinbase …

Fisker stock forecast (NYSE:FSR) – do analysts see upside potential?

Fisker (NYSE:FSR) has seen a volatile month of trading, declining 30%. Fisker initially peaked investor interests early last year, after the company announced its intentions to merge with Spartan Energy Acquisition (SPAQ). In addition, the merger was one of the most talked about SPAC propositions in 2020. Fisker Inc. engages in the production of electric …

Ford stock forecast (NYSE:F) – Q1 highlights record breaking EV demand

Ford Motor Company (NYSE: F) has performed particularly well over the past year, gaining 125%. Bulls in particular, are confident Ford stock will continue to prosper as Wallstreet continues to back the Electric Vehicle movement. Furthermore, investors have rallied behind the company as they announced they will be investing $29 Billion in EV and autonomous …

IPOE closes in on SoFi merger – are investors buying now?

Social Capital Hedosophia Holdings V Corp (NYSE: IPOE) is peaking interest amongst investors as it closes in on its merger with finance giant SoFi. This merger marks just one of the six SPAC ventures owner Chamath Palihapitiya is pursuing in 2021. The merger news was first announced in early January, driving the stock price up …

Is IPOF closing in on a merger target? – here’s what we know

Social Capital Hedosophia Holdings Corp VI (NYSE:IPOF) is rumoured to be in talks with luxury fitness brand Equinox Holdings regarding a merger opportunity, according to a Bloomberg report. The report notes the transaction could value the combined company at $7.5 Billion or more. IPOF stock slightly dipped on the news however the stock remains relatively …

PayPal stock forecast 2021 – how high can PYPL stock go?

PayPal (NASDAQ: PYPL) stock has outperformed over the past year of trading, now up 117%. The recent introduction of cryptocurrency and buy now pay later (BNPL), has positioned PayPal at the forefront of the payment revolution. Not to mention, the rise in online business is sending PayPal merchant fee revenue through the roof. The company …

Plug Power stock forecast for 2022 – are investors buying now?

Plug Power (NASDAQ:PLUG) stock made waves on Wallstreet last year, posting an impressive 538% gain. However, in 2021 the company has struggled to maintain this growth, now down 23% YTD. In saying this, Plug Power does offer investors a unique investment opportunity within the hydrogen energy industry. Plug’s sheer operating scale makes it the largest …

Vaxart stock forecast (NASDAQ: VXRT) – here’s why investors are buying

Vaxart Inc (NASDAQ: VXRT) stock has seen a recent spike in investor confidence, gaining 90% over the past week. Vaxart has developed an oral vaccine for COVID-19 which has vastly differentiated itself from the competition. A recent study by Quadrant Strategies has shown that one third of people refusing to be vaccinated for COVID-19, would take …

Paysafe stock forecast (NYSE:PSFE) – is there an upside for investors?

Paysafe (NYSE:PSFE) recently completed a reverse merger with SPAC company Foley Trasimene Acquisition Corp II. The combined company debuted on the NYSE on the 31st March. Since then, the stock has been trading relatively flat, only up 2% since listing. Paysafe offers payment solutions and merchant services similar to that offered by Square or Stripe …

Hyliion (HYLN) stock forecast for 2022 – will the stock rebound?

Hyliion (NYSE: HYLN) stock has been trending downwards since the completion of its reverse merger in 2020. What first started as hype surrounding the SPAC company SHLL has now simmered down alongside the majority of the EV SPAC Industry. However, despite the downtrend in the stock price, revenue projections over the next 5 years suggest the …

Tesla stock forecast for 2022 – will it hit the $1,000 price target?

Tesla stock (NASDAQ: TSLA) has continued its stellar run this year as the tech innovator continues to dominate the growing EV industry. Tesla’s stock price has risen 361% over the past year. Making it Tesla’s best performing trading period since its initial listing on Wallstreet. With such positive stock growth over the past year, investors …

Forest Road Acquisition Corp (FRX) closes in on $2.9 Billion merger

The Beachbody Company announced in early February its intentions to merge with both Forest Road Acquisition Corp. (NYSE: FRX) and Myx Fitness in a three way merger. The merger will result in the combined company trading on the NYSE under the ticker “BODY”. Upon completition of the merger, Beach Body Company will be the parent …

Ocugen (OCGN) stock forecast – will it hit the “street high” $15 price target?

Ocugen Inc (NASDAQ: OCGN) is a US based bio-pharma which has focused on developing a cure for blindness disease. However, the company has since shifted its efforts to develop a COVID-19 vaccine with partner Bharat Biotech. On April 21, Bharat Biotech released their second interim results boasting a 78% efficacy after the second dose. In addition, …

Northern Genesis closes in on merger with Lion Electric

Northern Genesis Acquisition Corp (NYSE: NGA) announced on November 30 that they have entered an agreement to merge with EV manufacturer Lion Electric. The merger adds to the vastly growing list of EV innovators jumping on board the SPAC train to raise much needed capital. The NGA merger is close to completion with the shareholder …

CCIV closes in on merger with Lucid Motors – here’s why investors are excited

The SPAC company Churchill Capital Corp IV (NYSE: CCIV) gained traction on Wallstreet after announcing their intentions to merge with EV company Lucid Motors. Lucid Motors has captivated investors after noting their ambitions to take on EV giant Tesla. Interestingly, Lucid Motors CEO Peter Rawlinson had spent time as an engineering executive at Tesla prior …