Lif - LIF

Option chain shows key data for Life360's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Life360.

Life360 (NASDAQ:LIF) Stock, Option Chain

Life360

Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the US, the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.

Tesla

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TSLA

This Analyst With 87% Accuracy Rate Sees Over 35% Downside In Tesla - Here Are 5 Stock Picks For Last Week From Wall Street&#39;s Most Accurate Analysts

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Life360 is in the &#34;fast lane,&#34; with competitively priced products that are device and operating system agnostic, according to Stifel.

Life360 Reached &#39;The Fast Lane&#39; On Heels Of IPO, Says Bullish Analyst

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Hasbro, Tutor Perini, Arm Holdings And Other Big Stocks Moving Higher On Friday

Life360 Inc

Life Corp

LFTD Partners Inc

LIFE TECHNOLOGIES CORP COM

Life Crypto

Li-FT Power Ltd

LIF3 - United States Dollar

LIFENET INSURANCE CO. by Lifenet Insurance Co.

Lifenet Insurance Co

LIFE STEM GENETICS INC by Life Stem Genetics Inc.

Life Stem Genetics Inc

LABRADOR IRON ORE RLTY CP by Labrador Iron Ore Royalty Corp.

Labrador Iron Ore Royalty Corp

Barclays analyst Lauren Lieberman maintains Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) with a Equal-Weight and raises the price target from $155 to $159.

Barclays Maintains Equal-Weight on Procter & Gamble, Raises Price Target to $159

NOVAGOLD RESOURCES INC. ("NOVAGOLD" or "the Company") ((NYSE American, TSX:<a href="https://www.benzinga.com/stock/NG#TSX">NG</a>) today filed its 2024 fiscal year-end report and provided an update on its Tier One1 gold development project, Donlin Gold, which NOVAGOLD owns equally with Barrick Gold Corporation ("Barrick").
Details of the financial results for the year ended November 30, 2024, are presented in the consolidated financial statements and annual report on Form 10-K filed on January 23, 2025 which is available on the Company's website at <a href="http://www.novagold.com/">www.novagold.com</a>, on SEDAR+ at <a href="http://www.sedarplus.ca/">www.sedarplus.ca</a>, and on EDGAR at <a href="http://www.sec.gov/">www.sec.gov</a>. All amounts are in U.S. dollars unless otherwise stated.
As detailed in the above filings, NOVAGOLD held a strong treasury of approximately $101 million in cash and term deposits as of November 30, 2024, and reported net annual cash expenditures of $24.5 million — including $12.4 million to fund NOVAGOLD's share of the Donlin Gold project and $17.7 million in corporate general and administrative costs, below its 2024 expenditure guidance of $31.2 million. As NOVAGOLD is a development-stage company with no production, the Company reported earnings of ($45.6) million and earnings per share of ($0.14) for the 2024 fiscal year, reflecting expenditures in line with budget.

Guidance

NOVAGOLD Announces $101M Treasury As Of Nov 2024; Reports $24.5M Cash Expenditures; ($0.14) EPS For 2024 Fiscal Year

Electronic Arts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) reported preliminary financial results for the third quarter on Wednesday.
EA said it previously anticipated mid-single-digit growth in live services net bookings, but now projects a mid-single-digit decline largely due to a slowdown in Global Football.
The Global Football franchise experienced a slowdown in the quarter as early momentum faded, the company said. Separately, Dragon Age only engaged approximately 1.5 million players during the quarter, about 50% lower than the company's expectations.
"During Q3, we continued to deliver high-quality games and experiences across our portfolio; however, Dragon Age and EA SPORTS FC 25 underperformed our net bookings expectations," said Andrew Wilson, CEO of EA.
EA shares fell 0.7% to close at $142.35 on Wednesday.
These analysts made changes to their price targets on EA following earnings announcement.
<ul>
<li>BMO Capital analyst Brian Pitz downgraded Electronic Arts from Outperform to Market Perform and lowered the price target from $160 to $145.</li>
<li>B of A Securities analyst Omar Dessouky downgraded Electronic Arts from Buy to Neutral and lowered the price target from $170 to $130.</li>
<li>Raymond James analyst Andrew Marok downgraded the rating for Electronic Arts from Outperform to Market Perform.</li>
</ul>
Considering buying EA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="599" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080717/image-173-1024x599.png" alt="" class="wp-image-746743" style="width:525px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080717/image-173-1024x599.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080717/image-173-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080717/image-173-768x449.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080717/image-173.png 1106w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

Earnings

These Analysts Cut Their Forecasts On Electronic Arts After Preliminary Q3 Results

Barclays analyst David Anderson maintains Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) with a Equal-Weight and lowers the price target from $32 to $30.

Barclays Maintains Equal-Weight on Halliburton, Lowers Price Target to $30

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

UPXI

Upexi Establishes Digital Currency Holding Company; Board Agrees To Make Investment In Portfolio Of Crypto Including Bitcoin

First Mid Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FMBH#NASDAQ">FMBH</a>) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.82 by 6.1 percent. This is a 7.45 percent decrease over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $58.95 million which met the analyst consensus estimate. This is a 2.59 percent increase over sales of $57.46 million the same period last year.

FMBH

First Mid Bancshares Q4 Adj $0.87 Beats $0.82 Estimate, Sales $58.95M Inline

GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>)&nbsp;shares are trading higher premarket on Thursday after it reported&nbsp;fourth-quarter&nbsp;adjusted revenue growth of&nbsp;16%&nbsp;year-over-year to&nbsp;$9.879 billion&nbsp;and GAAP revenue of&nbsp;$10.812 <a target="_blank" href="https://www.geaerospace.com/sites/default/files/geaerospace_webcast_pressrelease_01232025.pdf" rel="noreferrer noopener">billion</a>. The analyst consensus was&nbsp;$9.604 billion.
Commercial Engines &amp; Services&nbsp;revenue was $7.650 billion&nbsp;(+19%&nbsp;Y/Y) and Defense &amp; Propulsion Technologies&nbsp;revenue totaled $2.523 billion&nbsp;(+4%&nbsp;Y/Y).
Total orders increased&nbsp;46%&nbsp;Y/Y to&nbsp;$15.5 billion, with Commercial Engines &amp; Services&nbsp;+50% Y/Y&nbsp;and Defense &amp; Propulsion Technologies&nbsp;+22% Y/Y.
GE Aerospace&#8217;s adjusted operating profit margin expanded 450 bps to&nbsp;20.1%, with an adjusted operating profit of&nbsp;$1.988 billion, up&nbsp;49%&nbsp;in the quarter.
Adjusted EPS for the quarter was&nbsp;$1.32 (+103%&nbsp;Y/Y), <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the consensus of&nbsp;$1.04</a>.
GE Aerospace&#8217;s cash from operating activities for the fiscal year stood at&nbsp;$5.8 billion&nbsp;(+26%), while adjusted free cash flow rose&nbsp;28%.
The company repurchased shares worth more than $6 billion in 2024. Also, it disclosed share repurchase plans of $7 billion in 2025, while raising the dividend by 30%, subject to Board approval.
2025 Guidance: GE Aerospace&nbsp;expects adjusted revenue growth in the low double digits and adjusted EPS of&nbsp;$5.10 &#8211; 5.45<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> vs. the&nbsp;$5.22&nbsp;consensus</a>.
The company expects adjusted operating profit of&nbsp;$7.8 billion&nbsp;–&nbsp;$8.2 billion&nbsp;and adjusted Free Cash Flow of&nbsp;$6.3 billion&nbsp;–&nbsp;$6.8 billion.
GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. said, &#8220;Looking to 2025, we expect double-digit revenue and EPS growth with greater than 100% free cash flow conversion. Guided by FLIGHT DECK, our proprietary lean operating model, I&#8217;m confident in our ability to accelerate output and deliver for our customers.&#8221;
Investors can gain exposure to the stock via&nbsp;TCW Transform Systems ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NETZ#NYSE">NETZ</a>)and&nbsp;iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>).
Price Action: GE shares are up 8.04% at $203.51 premarket at the last check Thursday.
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</ul>

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NETZ

GE Aerospace Q4 Earnings: EPS Beat, Dividend And Stock Buyback Hike, Strong FY25 Outlook And More

Barclays analyst Julian Mitchell maintains GE Vernova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) with a Overweight and raises the price target from $420 to $487.

Barclays Maintains Overweight on GE Vernova, Raises Price Target to $487

Approval of three important therapies for dementia, oncology and gastrointestinal disease
Granted 180-day exclusivity for memantine/donepezil extended-release capsules
Tentative approval of rifaximin, a product for treating IBS-D
Amneal Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRX#NASDAQ">AMRX</a>) ("Amneal" or the "Company") today announced that the U.S. Food and Drug Administration (FDA) has approved memantine/donepezil 14-10 mg and 28-10 mg extended-release capsules, which references Abbvie's NAMZARIC&#xAE;, and Everolimus 2 mg, 3 mg and 5 mg extended-release capsules, which references Novartis' AFINITOR DISPERZ&#xAE;. In addition, the FDA has granted tentative approval to Amneal's rifaximin 550 mg oral tablets, which references Bausch Health's XIFAXAN&#xAE;. The FDA approval was tentative as this product is involved in litigation.
Memantine/donepezil extended-release capsules are indicated for the treatment of moderate to severe dementia of the Alzheimer's type. The product has launched with 180-day exclusivity.
Everolimus tablets for oral suspension are indicated for the treatment of Tuberous Sclerosis Complex (TSC)-Associated Subependymal Giant Cell Astrocytoma (SEGA) in adult and pediatric patients aged one year or older. This launch increases the supply of an oncology product that has limited suppliers.
Rifaximin 550 mg oral tablets are indicated for the treatment of irritable bowel syndrome with diarrhea (IBS-D) in adults.

Biotech

General

AMRX

Amneal Announces FDA Approval For Dementia And Oncology Therapies, Tentative Approval For IBS-D Drug; 180-Day Exclusivity For Memantine/Donepezil

Events

ALXO

ALX Oncology Announces Oral Presentation At 2025 ASCO Gastrointestinal Cancers Symposium Today

For speculative traders seeking exposure to daily sentiment swings, the new year seemingly offers plenty of ammunition. With President Donald Trump entering his second term, the outspoken leader wasted no time reshaping U.S. policy with a<a href="https://www.benzinga.com/government/regulations/25/01/43084601/trump-day-1-executive-order-tsunami-incoming-heres-what-hes-signing-first"> flurry of executive orders</a>. These actions encompass a range of subjects, including energy, immigration, inflation, social policies and trade.
Thanks to a unique vision that sharply contrasts with the prior Biden administration, several sectors rose to the forefront. Perhaps the most prominent example is the cryptocurrency market. Ever since Trump's electoral victory last November, the ecosystem for blockchain-derived assets has been invigorated. Throughout the campaign trail, the former real estate mogul openly and enthusiastically<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43062997/exclusive-how-donald-trumps-crypto-plans-will-bitcoin-xrp-solana"> embraced decentralized digital assets</a>.
In addition, President Trump's pro-business mandates – which notably include deregulation and lower corporate taxes – may reinvigorate a risk-on framework. Emerging industries, such as quantum computing and space economy specialists, have been clear beneficiaries of the conducive environment. These factors combine with a greater emphasis on building out<a href="https://www.benzinga.com/25/01/42862503/3-digital-infrastructure-etfs-in-focus-as-trump-reveals-billion-dollar-data-center-construction-plan"> digital infrastructures</a> to create plenty of upside opportunities for investors to find.
Still, not everything is leaning toward the northward direction. Given the sharp pivot from the prior administration, there are bound to be losers. Among them sit market segments tied to renewable energy. In particular,<a href="https://www.benzinga.com/trading-ideas/movers/25/01/43147598/ev-stocks-are-falling-today-whats-going-on"> shares of electric vehicle stocks faltered recently</a> amid radical changes under Trump 2.0. With the president promising to "drill, baby, drill," the<a href="https://www.benzinga.com/government/regulations/25/01/43097430/trumps-drill-baby-drill-era-begins-oil-prices-tumble-us-energy-stocks-edge-up"> move toward hydrocarbons</a> has caused anxiety among green energy proponents.
Moreover, elements outside of direct executive control may cause the equities arena to stumble. Perhaps most worryingly,<a href="https://www.benzinga.com/trading-ideas/25/01/43064849/4-stocks-to-buy-for-higher-for-longer-interest-rates"> interest rates could stay elevated</a> for longer than desired, in large part due to a red-hot labor market. When these factors are seen in conjunction with a<a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42896114/us-2025-recession-odds-plummet-good-news-or-warning-sign"> potential misreading of broader risk</a>, investors could be facing a surprisingly dynamic ecosystem.
The Direxion ETFs: To put it simply, the market could be liable to move in any direction, depending on the prevailing winds. With that in mind, the most adventurous and aggressive investors may consider ultra-leveraged exchange-traded funds. For the optimists, the Direxion Daily Small Cap Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNA#NYSE">TNA</a>) seek the daily investment results of 300% of the performance of the Russell 2000 index.
With exposure to the TNA ETF, traders can potentially enjoy significant upside without having to buy call options. Instead, market participants can pick up units of TNA, similar to any publicly traded enterprise. In the same vein, bearish speculators can acquire units of the Direxion Daily Small Cap Bear 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TZA#NYSE">TZA</a>) rather than needing to resort to purchasing put options.
While the Direxion 3X ETFs are convenient, investors should note the volatility risks involved in these financial products. As Direxion's<a href="https://www.direxion.com/product/daily-small-cap-bull-bear-3x-etfs"> website</a> states, these leveraged ETFs are designed for trading exposure lasting no longer than one day.
The TNA ETF: Although the chart for the Daily Small Cap Bull ETF is a choppy affair, anticipation of a much more business-friendly environment has bolstered sentiment recently.
<ul>
<li>Over the trailing one-month period, TNA gained almost 8% of value, driving the price action above the 200-day moving average (DMA).</li>
<li>Technical resistance lies at the 50 DMA, which currently stands a bit above $48. For the bulls, this will be the next natural target.</li>
</ul>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf2tMb0MYkL5HZuEUDtUKPeZwaP9R5TSmRfBmockq0UJfV14B2-jV3iOd2PMgBfcrd3y4mYg8_V6PqVgu54CBeeufT8yoxyiyBY75eXgZBSc4VfiQXyFUze6jReRwoJn-4ejiKF8Q?key=U_Y0u8R0Y_cA_5nvA0CDLRBd" alt="" /></figure>
The TZA ETF: A volatile canvas, the Daily Small Cap Bear ETF has struggled over the past 52 weeks, losing more than 45%. However, an economic shock could revitalize the inverse fund.
<ul>
<li>For proponents of the TZA ETF, it's vital for the bear fund to keep its head above the psychologically and technically significant $10 level.</li>
<li>Right now, the 50 DMA provides support for TZA. Moving forward, the upside target is where the 200 DMA stands at a few clicks above $15.</li>
</ul>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcTGV5-x-BFejfGg3BKhhEbig7erIttWKGg-gXPRU-aAQut2XepCP7dn1qpfHH4zSqsdiNgU8l6wzmdBoiLpQMeueWHPDdBxOPDLkI1G6ZP4TjUr7mVBr7zMJej1Gz8hexIytKG0g?key=U_Y0u8R0Y_cA_5nvA0CDLRBd" alt="" /></figure>
Featured image by <a href="https://pixabay.com/users/geralt-9301/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=8477673">Gerd Altmann</a> from <a href="https://pixabay.com/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=8477673">Pixabay</a>.

Short Ideas

Technicals

ETFs

Trump 2.0 Presents Both Promise And Pitfalls For Direxion's Small Cap Bull And Bear Funds

With winter hosting and game day celebrations in full swing, Uber Eats (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) today announces a new partnership with Wegmans Food Markets, Inc., bringing the beloved supermarket's products directly to customers' doors. Starting this month, Uber Eats users will have the convenience of ordering from Wegmans' expansive collection of high-quality groceries through the app, increasing consumer access to the company's offerings.

UBER

Uber Eats Partners With Wegmans To Expand Grocery Delivery

Barclays analyst Nicholas Campanella maintains Edison Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>) with a Overweight and lowers the price target from $76 to $67.

Barclays Maintains Overweight on Edison Intl, Lowers Price Target to $67

Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, celebrates the successful launch of Firefly Aerospace's Blue Ghost Mission 1. Rocket Lab is supporting Blue Ghost's 45-day journey to the Moon with the Company's <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.rocketlabusa.com%2Fspace-systems%2Fspace-software%2F&amp;esheet=54188878&amp;newsitemid=20250123312409&amp;lan=en-US&amp;anchor=MAX+Flight+and+MAX+Ground+Data+Software+suites&amp;index=1&amp;md5=2e454faa0cb6bfcb9ef89396a53487b9">MAX Flight and MAX Ground Data Software suites</a>.
This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20250123312409/en/">https://www.businesswire.com/news/home/20250123312409/en/</a>
Firefly Aerospace's Blue Ghost 1 lunar lander features Rocket Lab's software and solar solutions. Image Credit: Firefly Aerospace
Rocket Lab also provided three high-efficiency photovoltaic assemblies, comprising our interconnected space-grade solar cells, mounted on the lander's sides and top deck, providing 400 W of power over 1,470 operational hours to support the lander during its journey to the lunar surface.
During the Blue Ghost mission, the Rocket Lab team will also support Firefly's execution of multiple burns and management of orbit determination and attitude control throughout the cruise and landing phases of the mission.
Firefly's <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ffireflyspace.com%2Fmissions%2Fblue-ghost-mission-1%2F&amp;esheet=54188878&amp;newsitemid=20250123312409&amp;lan=en-US&amp;anchor=Blue+Ghost+mission&amp;index=2&amp;md5=62f3c29dc61520519b7351564ef7c28c">Blue Ghost mission</a> is advancing lunar science and exploration by delivering state-of-the-art instruments and technology demonstrations to the Moon as part of NASA's Commercial Lunar Payload Services (CLPS) program.

RKLB

Rocket Lab Announces Successful Launch Support For Firefly Aerospace's Blue Ghost Mission 1 To Moon; Provides Software, Solar Solutions, And Manages Orbit And Attitude Control; Part Of NASA's Commercial Lunar Payload Services Program

Contracts

LDOS

Leidos Announces Follow-On TSA Contract To Maintain 12,000+ Units Of Transportation Security Equipment; Eight-Year Contract Has Maximum Value Of $2.6B

Barclays analyst Raimo Lenschow maintains ZoomInfo Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZI#NASDAQ">ZI</a>) with a Equal-Weight and lowers the price target from $12 to $11.

Barclays Maintains Equal-Weight on ZoomInfo Technologies, Lowers Price Target to $11

– Company Reaffirms Outlook for Positive Adjusted EBITDA1 by Q2 2025 –
– Company Provides Update on Restatement Effort and Regulatory Inquiry –
Evolv Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) (the "Company"), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today provided an update on select strategic metrics for the three-month period ended December 31, 20242. The Company also provided an update on its pending restatement effort and other regulatory matters.

EVLV

Evolv Technology Reaffirms Outlook For Positive Adjusted EBITDA By Q2 2025; Provides Update On Restatement Effort And Regulatory Inquiry

Textron Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) reported downbeat fourth-quarter revenue and issued FY25 EPS guidance below <a href="https://www.benzinga.com/news/earnings/25/01/43127009/textron-reports-mixed-q4-faces-challenges-in-aviation-and-industrial-segments">estimates on Wednesday.</a>
Sales grew to $3.613 billion, missing the consensus of $3.81 billion, although adjusted EPS of $1.34 was in line with the consensus.
Textron expects GAAP EPS from continuing operations of $5.19-$5.39 or $6.00 -$6.20 on an adjusted basis (vs. consensus of $6.42) and revenue of $14.7 billion (vs. $14.757 billion estimate).
Textron projects cash flow from continuing operations of the manufacturing group of $1.2 billion and $1.3 billion.
Scott C. Donnelly, Chairman and CEO, said, "While a work stoppage at Textron Aviation impacted our 2024 financial results, we saw strong order activity, aftermarket growth, and continued new product development activities with the announcement of the Gen3 family of light jets."
Textron shares fell 3.4% to close at $78.41 on Wednesday.
These analysts made changes to their price targets on Textron following earnings announcement.
<ul>
<li>Morgan Stanley analyst Kristine Liwag maintained Textron with an Equal-Weight rating and lowered the price target from $86 to $82.</li>
<li>Baird analyst Peter Arment maintained Textron with an Outperform and lowered the price target from $100 to $92.</li>
</ul>
Considering buying TXT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="595" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-1024x595.png" alt="" class="wp-image-746722" style="width:623px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-1024x595.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172.png 1102w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/25/01/43126364/jim-cramer-this-tech-stock-is-a-buy-amd-is-a-great-company">Jim Cramer: AMD Is A &#8216;Great&#8217; Company, Hold Onto Dow Inc.</a></li>
</ul>

Textron Analysts Slash Their Forecasts After Weak Revenue

Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBCP#NASDAQ">IBCP</a>) reported quarterly sales of $42.85 million which met the analyst consensus estimate. This is a 6.83 percent increase over sales of $40.11 million the same period last year.

IBCP

Independent Bank Q4 Sales $42.85M Inline

Editor&#8217;s Note: This story has been updated with a response from a Bitwise spokesperson.
Cryptocurrency index fund manager Bitwise Asset Management filed for a Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) exchange-traded fund on Wednesday, prompting analysts to forecast big returns for the dog-themed meme coin.
What happened: Bitwise submitted the ETF filing to Delaware's Department of State's Division of Corporations. The filing was made under the entity name BITWISE DOGECOIN ETF, with CSC Delaware Trust Company listed as the registered agent.
A Bitwise spokesperson told <a href="http://pro.benzinga.com">Benzinga</a> that the filing was legitimate. Meanwhile, leading ETF analyst Eric Balchunas also approved the authenticity of the filing on X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Bitwise Doge ETF likely coming soon.. and yes I checked and this is def legit (vs some whack job committing forgery for a quick pump a la BlackRock XRP that one time). <a href="https://t.co/MxoswD0IFy">pic.twitter.com/MxoswD0IFy</a>
&mdash; Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1882202309293433217?ref_src=twsrc%5Etfw">January 22, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43151588/cathie-wood-was-asked-if-she-would-buy-trump-coin-heres-what-she-said">Cathie Wood Was Asked If She Would Buy TRUMP Coin, Here&#8217;s What She Said</a>
The Delaware registration is typically the first step in the ETF listing process and still requires an official filing with the SEC.&nbsp;
Similar listings were seen previously for iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) and iShares Ethereum Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>), and even the <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41134111/after-bitcoin-ethereum-an-xrp-etf-bitwise-registers-filing-in-delaware-amid-rippe-vs-sec-l">XRP ETF</a> filed by Bitwise last year.
Following the filing, Ali Martinez, a well-known cryptocurrency analyst and trader, issued a massively bullish price target of $15 for Dogecoin. At the current price, this pointed to a staggering upside of 4140.88%
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> ETF will send it to $15! <a href="https://t.co/4peKi93NZX">https://t.co/4peKi93NZX</a> <a href="https://t.co/gRqDdoXhob">pic.twitter.com/gRqDdoXhob</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1882196406800445537?ref_src=twsrc%5Etfw">January 22, 2025</a></blockquote>
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Why It Matters: Bitwise&#8217;s registration comes after REXShares and Osprey filed numerous ETF applications with the SEC earlier this week, <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43105356/meme-coin-supercycle-dogecoin-trump-bonk-futures-etf-applications-filed">including one</a> for Dogecoin.
These filings were factored into prediction markets, as the odds of a Dogecoin ETF being approved in 2025 <a href="https://polymarket.com/event/doge-etf-approved-in-2025">increased </a>from 36% to 53% on Polymarket before stabilizing at 48% as of this writing.
Meanwhile, the iconic Shiba Inu imagery, a symbol closely tied to Dogecoin's popularity, <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43140690/dogecoin-drops-6-after-doge-department-removes-logo">was removed</a> from the Elon Musk-headed Department of Government Efficiency&#8217;s website.
Price Action: At the time of writing, Dogecoin was exchanging hands at $0.3535, down 3.07% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the cryptocurrency has gained 8.43%.&nbsp;
Read Next:&nbsp;
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Image via Shutterstock

$DOGE

ETHA

IBIT

Bets Favoring Dogecoin ETF Approval In 2025 Jump After Bitwise's Delaware Filing—Top Trader Paints Over 4000% Upside For Memecoin (UPDATED)

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