Appen's Trajectory Seems Unclear From Guidance -- Market Talk

Dow Jones

Feb 27, 2025

0231 GMT - Appen's 2025 guidance makes it difficult to discern the data-annotation provider's trajectory at the start of the year, says Jefferies analyst Wei Sim. He doesn't sound overly concerned by management's comment that large-language model project volumes are down on those in the last quarter, pointing out that Appen's revenues typically build on-quarter through the year. However, he tells clients in a note that limited earnings visibility means he bases his lowered forecasts on management commentary and the company's sub-segment performance breakdowns. Jefferies maintains a hold rating and a target price of A$2.00 on the stock, which is down 8.5% at A$1.7575. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 26, 2025 21:31 ET (02:31 GMT)

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He doesn't sound overly concerned by management's comment that large-language model project volumes are down on those in the last quarter, pointing out that Appen's revenues typically build on-quarter through the year. However, he tells clients in a note that limited earnings visibility means he bases his lowered forecasts on management commentary and the company's sub-segment performance breakdowns. Jefferies maintains a hold rating and a target price of A$2.00 on the stock, which is down 8.5% at A$1.7575. 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He doesn't sound overly concerned by management's comment that large-language model project volumes are down on those in the last quarter, pointing out that Appen's revenues typically build on-quarter through the year. However, he tells clients in a note that limited earnings visibility means he bases his lowered forecasts on management commentary and the company's sub-segment performance breakdowns. Jefferies maintains a hold rating and a target price of A$2.00 on the stock, which is down 8.5% at A$1.7575. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 21:31 ET (02:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APX.AU","symbol_name":"APPEN LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514814268","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514814268","pubTimestamp":1740623460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0231 GMT - Appen's 2025 guidance makes it difficult to discern the data-annotation provider's trajectory at the start of the year, says Jefferies analyst Wei Sim. He doesn't sound overly concerned by management's comment that large-language model project volumes are down on those in the last quarter, pointing out that Appen's revenues typically build on-quarter through the year. However, he tells clients in a note that limited earnings visibility means he bases his lowered forecasts on management commentary and the company's sub-segment performance breakdowns. Jefferies maintains a hold rating and a target price of A$2.00 on the stock, which is down 8.5% at A$1.7575. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"APX.AU":"APPEN LTD","BK7061":"信息科技咨询与其它服务","BK7503":"科技股"},"translate_title":"从指引来看，澳鹏的发展轨迹似乎尚不清楚——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APX.AU":0.9},"content_text":"0231 GMT - Appen's 2025 guidance makes it difficult to discern the data-annotation provider's trajectory at the start of the year, says Jefferies analyst Wei Sim. He doesn't sound overly concerned by management's comment that large-language model project volumes are down on those in the last quarter, pointing out that Appen's revenues typically build on-quarter through the year. However, he tells clients in a note that limited earnings visibility means he bases his lowered forecasts on management commentary and the company's sub-segment performance breakdowns. Jefferies maintains a hold rating and a target price of A$2.00 on the stock, which is down 8.5% at A$1.7575. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2025 21:31 ET (02:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}