Honeywell International (NasdaqGS: HON) has launched Forge Cognition, a self-contained AI and simulation platform for large facilities, built with NVIDIA and Dell technology. The platform uses real-time digital twins and AI agents to support building and industrial site operations across energy, safety and maintenance. According to the article, it helps Honeywell expand its software and services mix and targets markets also pursued by Siemens and Schneider Electric, but rolling it out across a base of more than 300,000 sites could prove slow or capital intensive.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related news
- Is Honeywell International (HON) Cheap Following Its New AI Alliance Launch?
Honeywell International (HON) unveiled Forge Cognition, an AI and simulation platform for managing physical facilities, built with technology from NVIDIA and Dell Technologies. The shares slipped 1.12% over the past day and 2.62% over the past week but are up 2.44% over 30 days, with 1-year and 3-year total shareholder returns of 2.59% and 19.86%. The article notes the stock trades below both analyst targets and some intrinsic value estimates, citing a popular narrative that sets fair value at $320.19 against a last close of $207.29. That narrative, followed by 67 investors, sees the stock as 35% undervalued, pointing to a confirmed catalyst on June 29 and a contracted backlog of over $19 billion. The article also flags the planned aerospace separation and the RemainCo multiple re-rating thesis as risks if the spin-off disappoints.
- Should Honeywell's AI Push and Kenya Megarefinery Win Require Action From Honeywell International (HON) Investors?
Honeywell recently launched Forge Cognition, an agentic AI and simulation platform for facility operations, developed with NVIDIA and Dell Technologies. Dangote Petroleum Refinery and Petrochemicals FZE selected Honeywell Technologies for a scope of process technologies and digital solutions worth roughly US$300 million for a planned 700,000 barrel-per-day refinery in Kenya. The article says these projects show Honeywell pairing long-cycle refinery work with AI-enabled automation across an installed base of more than 300,000 sites. It also flags the planned three-way breakup and softer end-market sentiment as risks, with analysts factoring in declining revenue and earnings over the next three years. The narrative projects $22.3 billion revenue and $3.2 billion earnings by 2029, with a $257.61 fair value, a 24% upside to the current price.
Related markets
Latest news
- Is Nvidia Stock Really Trading for Just 8 Times 2030 Earnings?
Nvidia is the market's most valuable company, with a market cap above $5 trillion. It trades at 27 times adjusted trailing earnings, but only about 8 times analysts' estimate for fiscal 2030 earnings, a figure the author stresses is a moving target. Revenue growth accelerated from 56% in Q2 FY 2026 to 106% in Q2 FY 2027, though guidance points to a slight slowdown in the current quarter. The stock trades at 13 times next year's earnings, and the board recently authorized a record $150 billion in share repurchases. The author also acknowledges risks such as slower growth or contracting net margins.
- US Orders Civilian Agencies to Rip DeepSeek Out of Government Systems
The U.S. Department of Homeland Security on Monday ordered civilian federal agencies to remove DeepSeek products and third-party services built on the model from their IT systems, and to stop buying them. The notice warns that using DeepSeek may transfer sensitive data to China and could produce intelligence on U.S. persons and agencies. The Commerce Department, the Navy, and the states of New York, Tennessee and Virginia had already restricted DeepSeek. The FCC votes on October 29 on barring Chinese labs from testing electronics for U.S. use.
- Tesla-SpaceX merger is 'not so easy': Analyst
Speculation about a possible merger between SpaceX (SPCX) and Tesla (TSLA) has grown on Wall Street in recent weeks. RBC Capital Markets analyst Tom Narayan says it would not be simple: SpaceX would have to acquire Tesla, likely in an all-stock deal, and would need to pay a strong premium. He sets a $480 price target for Tesla, while the shares trade near $367. The longer-term focus may be Terafab, Elon Musk's chip initiative aimed at cutting production costs by up to 90% and bypassing Nvidia and TSMC. Musk currently controls 85% of SpaceX's voting rights and 20% of Tesla's.
- Is Nvidia (NVDA) Stock Priced Right?
Chip stocks fell sharply last week, and Nvidia (NVDA) dropped nearly 2% as investors worried that heavily indebted AI companies would face higher borrowing costs after bond yields jumped for CoreWeave, a cloud company Nvidia backs. CoreWeave shares had fallen more than 15% the day before. Nvidia's own numbers show no sign of that stress: it sold $96.2 billion of chips and systems in the quarter ended July, up 106% from a year earlier, mostly from data center sales. Its net profit margin was 63.66% over the past 12 months, and management expects $108.0 billion in revenue next quarter, assuming no data center sales to China. The key risk is whether customers can keep paying for chips if interest rates stay high, and the planned partnerships to bring over $500 billion of outside capital into AI infrastructure have not yet become definitive agreements.
- Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers: Ciena and Arista Climb 4%, but Cisco Barely Moves
Networking stocks rallied with the tech rebound as suppliers of AI data center gear drew buying: Ciena (CIEN) rose 4% to $347.48 and Arista Networks (ANET) climbed 4% to $183.32, well ahead of the iShares U.S. Technology ETF (IYW) at 1.29% and the Invesco QQQ Trust (QQQ) at 1.31%, while Cisco (CSCO) was practically unchanged at $107.06. Ciena's fiscal Q3 2026 adjusted EPS was $2.11 against a $1.73 consensus, with revenue up 37% year over year to $1.67 billion, and it raised fiscal 2026 revenue guidance to $6.42 billion. Its backlog reached $8.5 billion, but supply remains the limit, and management does not expect the market to return to balance before 2028. Two customers made up 41.7% of Q3 revenue, so Ciena's growth is concentrated. The next test is whether Ciena can hit its fiscal Q4 2026 revenue guidance of $1.75 billion under tight component supply.
- Gartner Predicts “80% of Neoclouds” Out of Business by 2030: Here’s Who Wins
Gartner forecast on October 14 that more than 80% of neoclouds will stop operating independently by 2030, and CoreWeave (CRWV) fell 25% last week. The article argues that hyperscalers funding AI capacity from their own cash flow, led by Amazon and Alphabet, are likely winners as credit tightens for indebted neoclouds. Amazon generated $140 billion of operating cash flow in fiscal 2025, more than covering $132 billion of capex, while CoreWeave's total debt reached $29.8 billion. Since their July 29 closing low, Microsoft, Alphabet and Amazon are up 15.6%, compared with 1.6% for IREN, CoreWeave and Nebius. Hyperscaler earnings in the coming weeks will need to show whether sold-out capacity is turning into results.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.