Tesla, Alphabet, Newmont: Analyst Calls of the Week

Analysts at Jefferies raised their price target on Newmont Corporation to $73, citing strong production, earnings, and free cash flow. Wedbush is bullish on Roblox Corp, calling it the most exciting growth stock in the video game world due to hit games and user growth. TNR Gold Corp is shifting its business model to a revenue-generating royalty firm, with production at the Mariana lithium project expected to start generating royalty payments in Q4 2025. Wedbush calls Microsoft Corp the "Scottie Scheffler of software" and expects good news when the company updates investors next week, driven by its leadership in AI. Helix Exploration PLC has delivered encouraging news from its Inez-1 well at the Rudyard field in Montana, finding good-quality rock that shows signs of gas in two important layers.

Analysts at Jefferies have raised their price target on Newmont Corporation (NEM) to $73, citing strong production, earnings, and free cash flow. The company reported second-quarter 2025 earnings from continuing operations of $1.85 per share, significantly outperforming the Zacks Consensus Estimate of $1.04 per share [1]. Newmont’s revenues for the second quarter were $5,317 million, up 20.8% year over year, primarily driven by higher realized gold prices. The company’s average realized prices of gold rose around 41.4% year over year to $3,320 per ounce.

Wedbush is bullish on Roblox Corp (RBLX), calling it the most exciting growth stock in the video game world. The company reported a record quarter for concurrent players, driven by hit games like "Grow a Garden." Wedbush expects the company to hit 20% annual growth for the next few years, with new revenue streams opening up through advertising formats like "rewarded video ads" [2]. The analyst firm has raised its price target to $142, arguing there’s plenty of upside left as user numbers climb.

TNR Gold Corp (TNR.V) is shifting its business model to a revenue-generating royalty firm. The company is expected to begin receiving royalty payments from the Mariana lithium project in Q4 2025, with annual royalty revenue projected at $1M based on current spot lithium prices [3]. TNR’s portfolio includes a gold project in Alaska and royalties in two advanced-stage projects in Argentina.

Microsoft Corp (MSFT) is expected to deliver good news next week, driven by its leadership in AI, according to Wedbush, who refers to the company as the "Scottie Scheffler of software" [2]. Helix Exploration PLC has delivered encouraging news from its Inez-1 well at the Rudyard field in Montana, finding good-quality rock that shows signs of gas in two important layers.

References:
[1] https://www.nasdaq.com/articles/newmonts-q2-earnings-outpace-estimates-higher-gold-prices
[2] https://www.proactiveinvestors.com/companies/news/1075467/roblox-user-numbers-are-booming-and-that-s-good-news-for-investors-1075467.html
[3] https://www.researchfrc.com/content/reports/post/305/transforms-into-a-revenue-generating-royalty-company