Additions include PebbleShield Densifier and Color Enhancer, TileTrim and Slurry Saver, all created to maximize efficiency and results for pool professionals
, /PRNewswire/ -- Pool applicators and builders are under constant pressure to deliver high-quality finishes that facilitate ease of application, increase durability and reduce waste. Pebble Technology International (PebbleTec), Oldcastle APG's brand of world-renowned pool finishes, tiles and accessory features, is answering that demand with three new products: PebbleShield, TileTrim and Slurry Saver. Each was designed with PebbleTec partners and homeowners in mind, arming pool professionals with better pool installation tools to deliver higher-quality results.
PebbleShield Densifier and Color Enhancer
PebbleShield is a new additive that densifies and strengthens the cement matrix. Specifically formulated for all PebbleTec aggregate finish lines, it provides a new finish quality, enhanced durability and richer color. Added directly to the mix, PebbleShield virtually eliminates plaster dust for cleaner, faster project turnover. It also improves workability and pumpability, enhances pigment retention and strengthens the finished surface.
PebbleTec TileTrim
TileTrim is a professional trim system that creates a clean, uniform edge where tile meets concrete or deck surfaces. What sets it apart is its origin. TileTrim was developed by a PebbleTec-certified applicator who identified a gap in available finishing solutions and brought it to market through PebbleTec. The result is a product built from real field experience, one that installs faster and more consistently than traditional caulking methods and works for both new construction and remodels. TileTrim is currently available in White, Gray, Tan and Black, with 111 linear feet per box and is installed with multi-use silicone adhesive.
With TileTrim, PebbleTec finishes pair even better with additional Oldcastle APG portfolio products, including the new Belgard Delmaro Pool Coping. Delmaro Coping is ideal for freeform and curved pool layouts, built in modular increments to reduce extensive cutting. The neat edge formed by TileTrim complements the sleek, contemporary look of Delmaro Coping, enhancing the overall pool design.
Slurry Saver
Slurry Saver is making pool surface applications easier, cleaner and more efficient for contractors and applicators. Slurry Saver's innovative formula is designed to enhance both the process and result of installing PebbleTec pool finishes and helps applicators use 20-30% less cement per patch. Crews can mix larger, more efficient batches, resulting in less mixing time and lower overall material use per job. More coverage per mix and a true net savings in time and materials enhances efficiency without sacrificing quality. The result is a smoother finish and richer color.
"At PebbleTec, it's a priority to look at how trends are shifting, listen to customer feedback and bring solutions to the market that address their needs," says Bryan Sanders, Vice President of Sales, PebbleTec. "These three products reflect that commitment, offering pool professionals the tools to work more efficiently while delivering pools that become the centerpiece of the homeowner's backyard."
For more information about PebbleTec's Tile Trim, PebbleShield and Slurry Saver, contact your local PebbleTec representative.
About PebbleTec
Pebble Technology International, or PebbleTec®, is the provider of the world's most trusted pool finishes, pool and spa tiles, artisan fire and water features, and more. PebbleTec is the category leader in unique, proprietary aggregate swimming pool finishes characterized by high quality, performance, innovation and aesthetics. With a history dating back to the 1980s, PebbleTec is headquartered in Scottsdale, Arizona and operates out of five locations across the U.S. For more information, visit www.pebbletec.com.
About Oldcastle® APG
Oldcastle® APG, a CRH Company, is North America's leading provider of innovative outdoor living solutions that enable customers to Live Well Outside. The manufacturer's portfolio of premier building products inspires endless possibilities while providing enduring outdoor spaces where people can connect, reflect and recharge. Award winning brands include Belgard® hardscapes, Echelon® Masonry, RDI® railing, Catalyst™ Fence Solutions, Sakrete® packaged concrete, Amerimix® mortar, Pebble Technology International® pool finishes, and Techniseal® sands and sealant technologies. For more information, visit oldcastleapg.com.
About CRH
CRH plc (NYSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing 80,000 people at over 3,800 operating locations in 28 countries, CRH has market leadership positions in North America and Europe. As the essential partner for transportation and critical infrastructure projects, complex non-residential construction and outdoor living solutions, CRH's unique offering of materials, products and value-added services helps to deliver a more resilient and sustainable built environment. The company is ranked among sector leaders by Environmental, Social and Governance (ESG) rating agencies. A Fortune Global 500 company, CRH's shares are listed on the NYSE and LSE.
For more information visit: www.crh.com
Media Contact:
Hilari Barton, Trevelino/Keller
[email protected]
Key Takeaways VLY shares have climbed 23.1% in 2026, beating the industry and broader market gains.Valley National posted a fourth straight NII rise as NIM reached 3.17% in 1Q26.Valley National expects fee income growth, but CRE loans remain 58.4% of total loans. Supported by an impressive first-quarter 2026 performance, shares of Valley National Bancorp (VLY - Free Report) have gained 23.1% so far this year, outperforming the industry’s 16.2% growth and the S&P 500 Index’s 8.9% rise.
The company witnessed an increase in net interest income (NII) in the March-end quarter for the fourth consecutive time (supported by growth in loan balances). Deposit costs declined, which helped sustain a net interest margin (NIM) of 3.17% (expanding 21 basis points year over year). Robust deposit growth, a reduction in higher-cost brokered funding, lower net charge-offs and better operating efficiency were other positives for the company.
If we compare VLY’s price performance with its peers, Fulton Financial Corporation (FULT - Free Report) and Webster Financial Corporation (WBS - Free Report) , it appears that VLY has performed better than both FULT and WBS. Year to date, the Webstar Financial stock has gained 20.6% and Fulton Financial has rallied 22.4%.
YTD Price Performance
Image Source: Zacks Investment Research
Now, let us see if the Valley National stock has more upside left despite recent strength in price. In order to understand this, we must dig deep into its fundamentals and growth prospects.
What’s Supporting the VLY Stock?Robust Organic Growth: Valley National’s organic growth trajectory has been impressive. Its revenues have witnessed a compound annual growth rate (CAGR) of 9.2% over the last five years (2020-2025), supported primarily by a rise in loans (net loans also saw a CAGR of 9.2%). The uptrend for revenues and loans continued in the first quarter of 2026.
The company has also been making efforts to expand treasury management utilization, increase capital markets activity (including syndication, FX and swaps) and better integrate wealth management. These efforts are expected to drive fee income growth.
Supported by its efforts to bolster fee income, along with continued decent loan growth, VLY’s top line is expected to keep improving in the near term. Management projects NII to grow in the high end of 11-13% in 2026. Adjusted non-interest income is projected to rise 6-9% year over year in 2026.
The Zacks Consensus Estimate for the company’s 2026 and 2027 revenues is pegged at $2.27 billion and $2.48 billion, which indicate year-over-year growth rates of 11.9% and 9.1%, respectively.
Revenue Growth Expectation
Image Source: Zacks Investment Research
Inorganic Expansion Initiatives: Given a solid balance sheet position, Valley National has been growing through acquisitions as well. In 2022, the company acquired Bank Leumi Le-Israel B.M.’s U.S. banking arm, while in 2021, it acquired Westchester Bank and Arizona-based advisory firm Dudley Ventures.
These and several past acquisitions are expected to be earnings accretive and help Valley National diversify revenues and footprint. Management is open to further buyouts if that “accelerates strategic initiatives.”
Improving Margins: Valley National’s NIM has been witnessing an uptrend over the past few years. While NIM on a tax-equivalent basis declined in 2023 and 2024 due to higher funding costs, the metric increased in 2020, 2021, 2022 and 2025, with the uptrend persisting in the first quarter of 2026.
Going forward, NIM growth is expected to continue, supported by stabilizing funding costs and loan growth. Management expects NIM expansion throughout 2026, driven by deposit repricing, and the replacement of higher-cost brokered funding and FHLB advances.
Impressive Capital Distributions: Supported by a robust balance sheet, Valley National announced a dividend for the first time in 2018. Since then, the company has maintained a quarterly dividend payment of 11 cents per share.
The company also has a share repurchase program in place. In February 2024, it announced a repurchase plan with an authorization of up to 25 million shares (which expired on April 26, 2026). In February 2026, the company once again authorized the buyback of up to 25 million shares, effective April 27, 2026, through April 27, 2028.
Given a strong capital position, the company is expected to keep boosting shareholder value through sustainable capital distribution activities.
What’s Hurting VLY’s GrowthElevated Expense Base: Over the last five years (2020-2025), the company’s expenses witnessed a CAGR of 12.1%, with the uptrend continuing in the first three months of 2026.
The rise has been mainly due to higher salary and employee benefits, and occupancy expenses. Valley National’s non-interest expenses are expected to remain elevated in the near term as the company continues to expand through acquisitions and invest in revenue growth areas.
Expense Trend
Image Source: Zacks Investment Research
Risky Loan Exposure: A major part of Valley National’s loan portfolio comprises commercial real estate (CRE) and residential mortgage loans. As of March 31, 2026, CRE loans accounted for 58.4% of total loans, while residential mortgages made up 11.5%.
Although the company built substantial reserves in 2024 to cushion against potential CRE-related stress and continues to tighten underwriting standards and limit exposure to non-owner-occupied and multi-family properties, the high concentration in CRE remains a key risk.
Any deterioration in economic conditions or weakness in the real estate market could pressure asset quality and weigh on Valley National’s financial performance.
How to Approach VLY Stock NowRobust loan growth, inorganic expansion initiatives and efforts to bolster fee income (through steady investments) are expected to continue to aid VLY’s top line. Given a solid balance sheet and earnings strength, the company will be able to enhance shareholder value through efficient capital distributions.
However, analysts do not seem too optimistic regarding the company’s earnings growth prospects. The Zacks Consensus Estimate for VLY’s 2026 and 2027 earnings has been unchanged over the past 30 days.
Earnings Estimate Revision
Image Source: Zacks Investment Research
Also, high exposure to risky loan portfolios remains a major concern as it may put pressure on asset quality. Operating expenses are likely to stay elevated in the near term due to continued inorganic growth activities, thereby hurting the company’s bottom line.
Given the above-mentioned concerns, it does not seem a wise idea to invest in the VLY stock immediately.
However, those who already own the stock should hold on to it because, given its fundamental strength, the company is less likely to disappoint in the long term.
Currently, Valley National carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Chief Payments Officer Mohit Kansal reported the sale of a portion of his stake in Flywire Corporation (FLYW +4.74%) in an open-market transaction,, according to a SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)54,543Transaction value$827,000Post-transaction shares (direct)504,320Post-transaction value (direct ownership)~$7.72 millionTransaction value based on SEC Form 4 weighted average purchase price ($15.15); post-transaction value based on June 15, 2026 market close ($15.15).
Key questionsHow material was this sale relative to Kansal’s prior disposition activity?
This transaction is the largest single sale by Kansal on record, representing 9.8% of his direct ownership, compared to the previous sale of 16,101 shares (2.8%) in May 2026; the increase in size is a function of remaining share capacity following prior sales.What is the current market context for Flywire shares?
Shares were sold at a weighted average price of around $15.15 per share, near the June 15, 2026, close of $15.31; Flywire has appreciated 43% over the past year as of the transaction date.Does Kansal retain a substantial ownership position after this sale?
Following the transaction, Kansal directly holds 504,320 shares (0.41% of shares outstanding) and maintains his entire position in Voting Common Stock, which is convertible to Common Stock, preserving meaningful alignment with shareholders.Company overviewMetricValuePrice (as of market close 6/15/26)$15.15Market capitalization$1.89 billionRevenue (TTM)$677.69 millionNet income (TTM)$30.18 million* 1-year performance metrics use June 15, 2026 as the reference date.
Company snapshotOffers a global payment processing platform serving education, healthcare, travel, and B2B sectors, with integrated support for multiple currencies and payment methods.Generates revenue through transaction fees and value-added software solutions that facilitate cross-border and domestic payments for institutional clients.Primary customers include universities, hospitals, travel companies, and corporate enterprises requiring secure, efficient, and flexible payment solutions.Flywire Corporation is a leading provider of payment technology and software solutions, enabling seamless transactions for institutional clients across diverse industries and geographies. The company leverages a proprietary platform with direct integrations to major alternative payment providers, supporting complex, multi-currency transactions. Its global reach and sector-focused approach provide competitive differentiation in the information technology services market.
What this transaction means for investorsSince SEC filings never reveal why an executive sells shares, investors are often left to wonder about the rationale for the transaction. Although we do not know why Kansal chose to sell some shares, this sale likely should not concern investors.
For one, he joined the company 10 years ago, an indication of his confidence in the company. Another reason is the size of the transaction. As previously mentioned, Kansal sold just 9.8% of his shares in the fintech stock, and the value of his remaining shares is approximately $7.72 million, another indication of confidence in the company.
However, Kansal has exercised tremendous patience with the company, and the 43% gain in the stock price over the previous year came after the stock still sells at a discount of more than 70% from its 2021 high.
Today's Change
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16.35
Still, the company has turned profitable, which makes its 66 P/E ratio more understandable. Moreover, given its 15 P/E ratio, the stock is arguably inexpensive at these levels. Those factors make it likely Kansal sold shares for personal reasons instead of concerns about the fundamentals of Flywire stock.
Will Healy has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
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What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
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That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Ryder (R - Free Report) Ryder System, Inc., a Florida-based corporation founded in 1933, is recognized as one of the world's largest providers of integrated logistics and transportation solutions. Ryder’s customers range from small businesses to large international enterprises. They are drawn from a wide variety of industries, the most significant of which include automotive, electronics, transportation, grocery, lumber and wood products, food service and home furnishing.
R is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Transportation stock. R has a Momentum Style Score of B, and shares are up 7.9% over the past four weeks.
For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.59 to $14.82 per share. R boasts an average earnings surprise of +4%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, R should be on investors' short list.
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) expects to issue its second quarter 2026 results at approximately 7:00 a.m. Eastern Time on Thursday, July 23, 2026.
The company will also host a conference call at 11 a.m. Eastern Time on the same day. The call will be webcast live and a replay will be available.
Details for the call include:
When:
Thursday, July 23, 2026, from 11:00 a.m. to 12:00 p.m. Eastern Time
How:
Live webcast: Ryder - 2Q 2026 Ryder System Inc. Earnings Conference Call upon completion of registration page
Call toll-free:
800-715-9871
Outside U.S. call:
+1 646-307-1963
Conference ID:
1538607 or Ryder
The earnings presentation, related materials and webcast replay can be accessed on Ryder’s investor website at http://investors.ryder.com.
About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a nearly $13 billion leading provider of outsourced logistics and transportation services throughout the United States, Canada, and Mexico. Ryder offers supply chain, dedicated transportation, and fleet management solutions that integrate every step of the supply chain port‑to‑door, including cross-border logistics, fleet and transportation management, warehousing and distribution, and final delivery to customers’ doorsteps. Ryder’s broad portfolio of services encompasses managed transportation, freight brokerage, dedicated contract carriage with professional drivers, full‑service fleet leasing and maintenance, commercial truck rental, automation and robotics, digital technologies, contract manufacturing and packaging, omnichannel retail fulfillment including e-commerce and last-mile delivery, and used vehicle sales. Serving more than 20 industries, Ryder manages approximately 240,000 commercial vehicles, operates nearly 800 maintenance locations, and runs approximately 320 warehouses totaling more than 100 million square feet. Ryder is consistently recognized for technology‑driven innovation and industry‑leading practices in safety, health, security, talent acquisition, and environmental management, and was most recently named to Fortune’s “America’s Most Innovative Companies” list. www.ryder.com
Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Ryder (R - Free Report) Ryder System, Inc., a Florida-based corporation founded in 1933, is recognized as one of the world's largest providers of integrated logistics and transportation solutions. Ryder’s customers range from small businesses to large international enterprises. They are drawn from a wide variety of industries, the most significant of which include automotive, electronics, transportation, grocery, lumber and wood products, food service and home furnishing.
R is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. R has a Growth Style Score of B, forecasting year-over-year earnings growth of 14.7% for the current fiscal year.
For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.47 to $14.82 per share. R boasts an average earnings surprise of +4%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, R should be on investors' short list.
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Teradata (TDC - Free Report) . TDC is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 9.74 right now. For comparison, its industry sports an average P/E of 17.11. TDC's Forward P/E has been as high as 14.06 and as low as 8.41, with a median of 10.21, all within the past year.
Investors should also recognize that TDC has a P/B ratio of 11.81. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. TDC's current P/B looks attractive when compared to its industry's average P/B of 23.56. Over the past year, TDC's P/B has been as high as 38.89 and as low as 10.80, with a median of 16.48.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. TDC has a P/S ratio of 1.72. This compares to its industry's average P/S of 4.06.
These are only a few of the key metrics included in Teradata's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, TDC looks like an impressive value stock at the moment.
Teradata (TDC - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.
Therefore, the Zacks rating upgrade for Teradata basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Teradata imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for TeradataFor the fiscal year ending December 2026, this data management company is expected to earn $2.65 per share, which is unchanged compared with the year-ago reported number.
Analysts have been steadily raising their estimates for Teradata. Over the past three months, the Zacks Consensus Estimate for the company has increased 1.6%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Teradata to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Teradata (TDC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
ATLANTA--(BUSINESS WIRE)--Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today announced the acquisition of 4455 River Green Parkway, a 231,000-square-foot industrial facility in Duluth, Georgia. Fully leased to OmniMax International, a leading manufacturer and distributor of building products, the acquisition reflects SRE’s continued focus on strategically located industrial assets in high-demand markets with strong long-term fundamentals.
Located within River Green Business Park in Atlanta’s I-85 Northeast industrial corridor, the property benefits from immediate access to Interstate 85 and connectivity throughout the Atlanta metropolitan area and broader Southeast. Positioned within Gwinnett County, Atlanta’s largest industrial employment base, the asset is strategically positioned for manufacturing and distribution users, with access to major population centers, a robust labor force, and well-established industrial infrastructure.
“Atlanta continues to stand out as one of the nation’s most attractive industrial markets, supported by strong population growth, a diverse economic base, and long-term demand from manufacturing and distribution users,” said Matt DiVitto, Managing Director, Acquisitions at Sagard Real Estate. “4455 River Green Parkway combines a highly functional facility, mission-critical tenancy, and a strategic location within one of the market’s most established industrial corridors, making it a strong addition to our portfolio.”
The 12.9-acre property features a Class B industrial facility with 24- to 28-foot clear heights, 25 dock-high doors, excess trailer storage and yard capacity, and 6,000 amps of power, supporting a variety of manufacturing and distribution uses.
Sagard Real Estate’s acquisition of 4455 River Green Parkway further expands the firm’s industrial portfolio and reinforces its commitment to investing in strategically located assets positioned to benefit from durable market demand and long-term economic growth.
About Sagard Real Estate
Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S., including portfolio management, acquisitions, asset management, development, and property management for investors. With US$6.0 billion in assets under management, Sagard Real Estate offers commercial real estate investment strategies through separate accounts and commingled funds. Founded in 1997, the firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm. For more information, visit www.sagard.com/realestate or follow us on LinkedIn.
About Sagard
Sagard is a global multi-strategy alternative asset management firm with more than US$46B under management, 190 portfolio companies, and 540+ professionals.
We invest in venture capital, private equity, private credit, and real estate. We deliver flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value creation experts. Our dynamic and supportive ecosystem gives our partners the advantage they need to learn, grow and win at every stage. The firm has offices in Canada, the United States, Europe, and the Middle East. For more information, visit www.sagard.com or follow us on LinkedIn.
AUSTIN, Texas--(BUSINESS WIRE)--Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today announced the acquisition of Chapman 71, a 13-acre industrial outdoor storage (IOS) property in Austin, Texas. The acquisition expands the IOS joint venture between SRE and global investment group La Caisse (formerly CDPQ), to invest in strategically located assets across major high-growth U.S. logistics and industrial infill markets.
“Austin continues to benefit from strong population growth, corporate relocations and expanding manufacturing activity, creating sustained demand for industrial outdoor storage facilities,” said Brett Birkeland, Managing Director, Acquisitions at Sagard Real Estate. “Chapman 71 is a strategically located, fully leased infill asset with strong connectivity to key transportation infrastructure and major employment centers, making it a valuable addition to our growing IOS portfolio with La Caisse.”
Located five miles from Austin-Bergstrom International Airport at the intersection of Highway 71 and Burleson Road, Chapman 71 consists of five buildings totaling approximately 126,027 square feet across 13 acres. The fully leased property serves a diverse tenant base across the construction, transportation, automotive and industrial services sectors.
The acquisition further strengthens the Sagard Real Estate–La Caisse IOS joint venture announced earlier this year, which continues to build a portfolio of high-quality assets supported by strong tenant demand, critical transportation infrastructure and favorable long-term industrial fundamentals.
About Sagard Real Estate
Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S., including portfolio management, acquisitions, asset management, development, and property management for investors. With US$6.0 billion in assets under management, Sagard Real Estate offers commercial real estate investment strategies through separate accounts and commingled funds. Founded in 1997, the firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm. For more information, visit www.sagard.com/realestate or follow us on LinkedIn.
About Sagard
Sagard is a global multi-strategy alternative asset management firm with more than US$46 billion under management, 190 portfolio companies, and 540+ professionals. We invest in venture capital, private equity, private credit, and real estate. We deliver flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value creation experts. Our dynamic and supportive ecosystem gives our partners the advantage they need to learn, grow and win at every stage. The firm has offices in Canada, the United States, Europe, and the Middle East. For more information, visit www.sagard.com or follow us on LinkedIn.
New York, New York--(Newsfile Corp. - June 22, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased AeroVironment securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302456
Source: The Rosen Law Firm PA
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On June 22, 2026, AeroVironment Inc AVAV shares fell 10.8%, bringing the current price to $151.33. The stock's performance has been notably poor, with a year-to-date decline of 37.4% and a 52-week high of $417.86 contrasted against a low of $150.36.
GF Value™ verdict: Current price is $151.33 versus a GF Value™ of $243.47, indicating a 37.8% upside.GF Score™ is 86/100, suggesting a strong overall assessment based on key financial metrics.Notable signal: Insider activity reflects a lack of confidence, with insiders selling $0.1M in the last 3 months and no buying activity. Is AVAV Overvalued or Undervalued? Based on the current price of $151.33 and the GF Value™ estimate of $243.47, AeroVironment Inc appears to be undervalued with a margin of safety of 37.8%. This significant disparity suggests that the market may not be fully recognizing the company's potential, presenting an opportunity for value-focused investors. However, it's essential to consider that the GF Valuation label indicates a possible value trap, advising caution. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
The current undervaluation could attract attention, but investors should remain aware of the underlying risks associated with the company's recent price performance and lack of insider buying, which could signal issues not yet reflected in the stock price.
How Does AVAV's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 36.6x 105.6x AeroVironment's current forward P/E of 36.6x is significantly lower than its 5-year median P/E of 105.6x, indicating that the stock is trading well below its historical valuation. This analysis aligns with the GF Value™ verdict of undervaluation, suggesting that the current price may not reflect the company's true earning potential.
What Does AVAV's GF Score™ Tell Us? Metric Rating GF Score™ 86 Financial Strength 6/10 Profitability 7/10 Growth 9/10 Valuation 8/10 Momentum 5/10 The GF Score™ of 86/100 indicates a strong overall evaluation, particularly highlighting its growth rank of 9/10, which suggests solid potential for future expansion. However, the financial strength rank of 6/10 and momentum rank of 5/10 point towards areas of concern that may affect the stock's performance moving forward. The scores indicate a mixed but favorable outlook, suggesting a robust growth potential tempered by some financial and momentum weaknesses.
What Are Insiders Doing with AVAV Stock? In the last three months, insider activity for AeroVironment Inc has shown a lack of confidence, with insiders selling $0.1M worth of shares and no buying activity reported. This pattern typically raises red flags for potential investors, as it may indicate that those with the most insight into the company’s operations do not foresee significant positive developments in the near future.
The absence of insider buying, especially during a time of steep stock price decline, could suggest that insiders are not optimistic about the company’s short-term prospects, which warrants careful consideration for potential investors.
What This Means for Investors AeroVironment Inc appears to be undervalued based on the GF Value™ assessment, which estimates a fair value of $243.47 compared to the current price of $151.33. However, the lack of insider buying and the company’s challenging price performance should be taken into account, as they indicate potential underlying issues.
For the complete analysis, visit the AeroVironment Inc AVAV stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is AVAV's GF Score™?
The GF Score™ for AeroVironment Inc is 86/100, indicating a strong overall assessment based on key financial metrics that suggest good long-term return potential.
Is AVAV overvalued or undervalued?
AeroVironment Inc is currently undervalued, with a GF Value™ of $243.47 compared to the current price of $151.33, indicating a 37.8% upside potential.
What is AVAV's P/E ratio?
The forward P/E ratio for AeroVironment Inc is 36.6x, which is significantly lower than its 5-year median P/E of 105.6x, suggesting that the stock is trading below its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
AeroVironment, Inc. (NASDAQ:AVAV) will release earnings for its fourth quarter after the closing bell on Monday, June 29.
Analysts expect the Arlington, Virginia-based company to report quarterly earnings of $1.47 per share, down from $1.61 per share in the year-ago period. The consensus estimate for AeroVironment’s quarterly revenue is $559.1 million. It reported $275.05 million last year, according to Benzinga Pro.
AeroVironment recently disclosed it restated its quarterly filings for 10-Q after incorrectly calculating the goodwill impairment.
Shares of AeroVironment fell 10.8% to close at $151.33 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying AVAV stock? Here’s what analysts think:
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, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AeroVironment, Inc. (NASDAQ: AVAV).
Shareholders who purchased shares of AVAV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resource program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network; (ii) accordingly, defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times.
DEADLINE: July 27, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/aerovironment-loss-submission-form-2/?id=189529&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AVAV during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 27, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in AeroVironment, Inc. (NASDAQ: AVAV) of a pending securities class action. Class Period: June 25, 2025 through March 10, 2026. Check if you can recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] | (888) SueWallSt.
AVAV shares sat at $392.86 on January 19, 2026. Over the next seven weeks, three successive corrective disclosures drove shares down to $207.73, a cumulative loss of $185.13 per share, or 47%. To be considered for lead plaintiff, investors must file by July 27, 2026.
How the Market Absorbed Each Revelation
The damage to AVAV shareholders did not arrive all at once. It arrived in stages, each one stripping away another layer of the optimistic picture management had painted around the $1.7 billion SCAR contract:
January 20, 2026: AeroVironment disclosed a stop work order on the BADGER systems delivery agreement. Shares fell $61.97 (15.77%) in a single session, closing at $330.89.March 2, 2026: Space News reported the U.S. Space Force was "reassessing how to move forward" and shifting toward a multi-vendor acquisition strategy. Shares fell another $43.93 (17.42%), closing at $208.32.March 10, 2026: AeroVironment reported a $151.3 million goodwill impairment and revealed the Space Force had terminated the SCAR contract for convenience. Shares fell $13.84 (6.24%) the following trading day, closing at $207.73. Each disclosure removed artificial inflation that the lawsuit contends had been sustained by management's repeated characterizations of SCAR as a "tremendous growth opportunity" and a "$1 billion franchise."
Why the Third Disclosure Still Moved the Stock
Even after two prior drops totaling over 33%, the March 10 announcement still drove a significant decline. The filing states that until this final disclosure, AeroVironment maintained it was in "active negotiations" and expressed confidence in delivering "ahead of competitors." The termination for convenience and the accompanying $151.3 million impairment charge revealed that the financial consequences were far larger than AeroVironment's prior statements had suggested. The $179.0 million operating loss for the quarter, compared to just $3.1 million in the same period a year earlier, underscored the magnitude of the impact.
Speak with an attorney about recovering damages or call (888) SueWallSt.
Analyst Repricing Confirmed the Market's Reassessment
Wall Street's response confirmed the scale of the repricing. Raymond James cut its rating from Strong Buy to Underperform on March 2. Canaccord Genuity slashed its price target twice, from $400 to $330 and then to $300. BTIG cut its target 20.4% to $330, calling the SCAR termination "disappointing." Needham reduced its target from $450 to $400. The action alleges these analyst corrections reflected the removal of revenue assumptions that were built on management's allegedly misleading assurances.
"When companies fail to disclose material information, shareholders may suffer significant losses. The stepwise decline in AeroVironment's share price illustrates how each corrective disclosure removed a portion of the artificial inflation that had been sustained during the Class Period." -- Joseph E. Levi, Esq.
Join the AVAV recovery action or contact Joseph E. Levi, Esq. at (888) SueWallSt.
ABOUT SUEWALLST -- Over the past 20 years, SueWallSt has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, SueWallSt has ranked in ISS Securities Class Action Services' Top 50 Report. The last day to move for lead plaintiff is July 27, 2026.
Frequently Asked Questions About the AVAV Lawsuit
Q: When did AeroVironment allegedly mislead investors? A: The class period runs from June 25, 2025 to March 10, 2026. The alleged fraud was revealed through three corrective disclosures causing significant stock decline.
Q: What do AVAV investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at [email protected] or (888) SueWallSt. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my AVAV shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What is the AVAV lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is July 27, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.
LOS ANGELES, June 23, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises AeroVironment, Inc., (“AeroVironment” or the "Company") (NASDAQ: AVAV) investors of a class action on behalf of investors that bought securities between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”). AeroVironment investors have until July 27, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/aerovironment-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint.
The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment’s business and financial prospects.
The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.” On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint.
Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: “We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR,” the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint.
Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment’s space division after the stop work order on AeroVironment’s BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar [email protected]
310-692-8883
www.portnoylaw.com
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ: AVAV) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/AVAV.
AeroVironment Case Details
The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that:
(1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN;
(2) accordingly, Defendants overstated AeroVironment’s business and financial prospects; and
(3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
What's Next for AeroVironment Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/AVAV. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in AeroVironment you have until July 27, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to AeroVironment Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for AeroVironment Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
A securities fraud class action lawsuit has been filed on behalf of AeroVironment investors after its stock plummeted over 17% because AeroVironment allegedly misled investors regarding its SCAR contract to provide the U.S. Space Force with its BADGER systems.
NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ:AVAV) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
A securities fraud class action lawsuit has been filed on behalf of AeroVironment investors after its stock plummeted over 17% because AeroVironment allegedly misled investors regarding its SCAR contract to provide the Space Force with its BADGER systems.
ShareIf you invested in AeroVironment, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
Key Details of the AeroVironment ($AVAV) Class Action:
Lead Plaintiff Deadline: July 27, 2026Alleged Misconduct: Securities fraud relating to AeroVironment’s contract to provide the U.S. Space Force’s SCAR program with its BADGER phased array antenna systemsLargest Alleged Stock Drop: March 2, 2026 – 17% Stock DropCourt: U.S. District Court for the Eastern District of VirginiaAction: Contact BFA Law to discuss your rightsInvestors have until July 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in AeroVironment securities. The class action is pending in the U.S. District Court for the Eastern District of Virginia. It is captioned Norrell v. AeroVironment, et al., No. 26-cv-01429.
Why is AeroVironment Being Sued for Securities Fraud?
In May 2025, AeroVironment acquired BlueHalo, LLC, a defense technology firm specializing in advanced engineering. Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver its BADGER phased array antenna systems to support the U.S. Space Force’s SCAR program.
According to the complaint, during the relevant period, AeroVironment consistently touted its SCAR contract and indicated it represented a “tremendous growth opportunity,” that AeroVironment’s work pursuant to the contract was “very much on track,” that the customer was “asking for more [BADGER systems],” and that the Company stood “ready to build more.”
As alleged, in truth, AeroVironment faced a significant likelihood of competition for the SCAR program and overstated its goodwill from its BlueHalo acquisition.
BFA Law is also investigating AeroVironment’s June 22, 2026, announcement that the financial statements in its quarterly report for the three and nine months ended January 31, 2026 “require restatement and should no longer be relied upon.”
Why did AeroVironment’s Stock Drop?
On January 20, 2026, AeroVironment announced that the U.S. government issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program, upon mutual agreement with the Company. This news caused the price of AeroVironment common stock to decline $61.97 per share, or 15.77%, from $392.86 per share on January 16, 2026, to $330.89 per share on January 20, 2026.
On March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program to suppliers other than AeroVironment and “are going to move into a new acquisition strategy for SCAR” which would “likely take the form of other companies building versions or variants of SCAR.” On this news, AeroVironment’s common stock dropped $43.93 per share, or 17.42%, from $284.24 per share at open on March 2, 2026, to a close of $208.32 per share.
Then, on March 10, 2026, AeroVironment announced its Q3 financial results reporting an operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. The company also announced the impact of a $151.3 million goodwill impairment in the AeroVironment’s space division after the stop work order tied to the Space Force’s SCAR program. This news caused the price of AeroVironment common stock to drop $13.84 per share, or 6.24%, from $221.57 per share on March 10, 2026, to $207.73 per share on March 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
What Can You Do?
If you invested in AeroVironment, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
LOS ANGELES, June 23, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming July 27, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV) securities between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”).
IF YOU SUFFERED A LOSS ON YOUR AEROVIRONMENT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.
What Happened?
On January 20, 2026, AeroVironment disclosed that the US government had issued a stop work order on the Company’s agreement to deliver BADGER phased array antenna systems to the US Space Force’s SCAR program. The Company stated the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.”
On this news, AeroVironment’s stock price fell $61.97, or 15.8%, to close at $330.89 per share on January 20, 2026, thereby injuring investors.
Then, on March 2, 2026, Space News reported that the US Space Force was reopening the SCAR program and “reassessing how to move forward.”
On this news, AeroVironment’s stock price fell $43.93, or 17.4%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment released its third quarter fiscal 2026 financial results, reporting an operating loss of $179 million, compared to $3.1 million the previous year. The results reflected the impact of a $151.3 million goodwill impairment after the stop work order on the BADGER systems. The Company also revealed that the US Space Force had terminated the Company’s contract for the SCAR program and, as a result, it would have to “recompete” for the program.
On this news, AeroVironment’s stock price fell $13.84, or 6.2%, to close at $207.73 per share on March 11, 2026.
Then, on March 31, 2026, the US Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the Satellite Control Network (“SCN”), instead of pursuing another single-vendor bespoke solution.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; (2) accordingly, Defendants overstated AeroVironment’s business and financial prospects; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired AeroVironment securities during the Class Period, you may move the Court no later than July 27, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
So What: If you purchased AeroVironment securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
So What: If you purchased AeroVironment securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/aerovironment-deadline-avav-investors-have-opportunity-to-lead-aerovironment-inc-securities-fraud-lawsuit-302808064.html
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC (“BlueHalo”), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The BADGER would be a bespoke product designed for the United States (“U.S.”) Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as “aging and difficult to maintain.” The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a “tremendous growth opportunity,” that AeroVironment’s work pursuant to the contract was “very much on track,” that the customer was “asking for more [BADGER systems],” and that the Company stood “ready to build more.”
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment’s business and financial prospects; and (iii) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.”
On this news, AeroVironment’s stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, “We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR.”
On this news, AeroVironment’s stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company’s space division after the stop work order on the Company’s BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program.
On this news, AeroVironment’s stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in AeroVironment, Inc. (“AeroVironment” or the “Company”) (NasdaqGS: AVAV) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of AeroVironment, Inc. who were adversely affected if they purchased the Company’s securities between June 25, 2025 and March 10, 2026, both dates inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of Virginia.
Follow the link below to get more information and be contacted by a member of our team:
https://www.ksfcounsel.com/cases/nasdaqgs-avav/
AeroVironment investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-avav/ to learn more.
CLICK HERE for more information
CASE DETAILS: According to the Complaint, AeroVironment and certain of its executives are charged with failing to disclose material information during the class period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resource program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network; (ii) accordingly, defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times.
The case is Norrell v. AeroVironment, Inc., et al, No. 26-cv-01429.
WHAT TO DO? If you invested in AeroVironment and suffered a loss during the relevant time frame, you have until July 27, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.
To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ:AVAV) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in AeroVironment, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
Key Details of the AeroVironment ($AVAV) Class Action:
Lead Plaintiff Deadline: July 27, 2026Alleged Misconduct: Securities fraud relating to AeroVironment’s contract to provide the U.S. Space Force’s SCAR program with its BADGER phased array antenna systemsLargest Alleged Stock Drop: March 2, 2026 – 17% Stock DropCourt: U.S. District Court for the Eastern District of VirginiaAction: Contact BFA Law to discuss your rights
Investors have until July 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in AeroVironment securities. The class action is pending in the U.S. District Court for the Eastern District of Virginia. It is captioned Norrell v. AeroVironment, et al., No. 26-cv-01429.
Why is AeroVironment Being Sued for Securities Fraud?
In May 2025, AeroVironment acquired BlueHalo, LLC, a defense technology firm specializing in advanced engineering. Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver its BADGER phased array antenna systems to support the U.S. Space Force’s SCAR program.
According to the complaint, during the relevant period, AeroVironment consistently touted its SCAR contract and indicated it represented a “tremendous growth opportunity,” that AeroVironment’s work pursuant to the contract was “very much on track,” that the customer was “asking for more [BADGER systems],” and that the Company stood “ready to build more.”
As alleged, in truth, AeroVironment faced a significant likelihood of competition for the SCAR program and overstated its goodwill from its BlueHalo acquisition.
BFA Law is also investigating AeroVironment’s June 22, 2026, announcement that the financial statements in its quarterly report for the three and nine months ended January 31, 2026 “require restatement and should no longer be relied upon.”
Why did AeroVironment’s Stock Drop?
On January 20, 2026, AeroVironment announced that the U.S. government issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program, upon mutual agreement with the Company. This news caused the price of AeroVironment common stock to decline $61.97 per share, or 15.77%, from $392.86 per share on January 16, 2026, to $330.89 per share on January 20, 2026.
On March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program to suppliers other than AeroVironment and “are going to move into a new acquisition strategy for SCAR” which would “likely take the form of other companies building versions or variants of SCAR.” On this news, AeroVironment’s common stock dropped $43.93 per share, or 17.42%, from $284.24 per share at open on March 2, 2026, to a close of $208.32 per share.
Then, on March 10, 2026, AeroVironment announced its Q3 financial results reporting an operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. The company also announced the impact of a $151.3 million goodwill impairment in the AeroVironment’s space division after the stop work order tied to the Space Force’s SCAR program. This news caused the price of AeroVironment common stock to drop $13.84 per share, or 6.24%, from $221.57 per share on March 10, 2026, to $207.73 per share on March 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
What Can You Do?
If you invested in AeroVironment, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
Submit your information by visiting:
https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit
Or contact:
Adam McCall [email protected]
212.789.3619
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
While hostilities with Iran seem to be cooling -- for the time being -- most people will agree that it's only a matter of time before the next military conflict occurs. For investors, this has raised questions about America's military preparedness and which defense contractors are supporting the United States in its efforts to maintain military superiority.
But with so many companies to consider, investors may feel overwhelmed. Fortunately, two stocks stand out as prime opportunities right now.
Image source: Getty Images.
An up-and-comer among defense contractors While Rocket Lab (RKLB 6.84%) commands serious respect for its extensive operations in civilian applications of the space economy, its familiarity among investors committed to defense industry exposure is surely lacking. But that may soon change.
Rocket Lab is attracting increasing attention from the U.S. government as a launch services provider. In addition to HASTE, a modification of the company's Electron rocket that provides the Department of Defense with hypersonic capabilities, Rocket Lab will soon offer the medium-lift Neutron rocket, which can deploy constellations of satellites and support other national security missions.
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In March, for example, Rocket Lab announced the signing of its single-largest launch agreement: a $190 million contract for a block buy of 20 hypersonic test flights with the HASTE launch vehicle for a program that the Department of Defense and Naval Surface Warfare Center Crane Division are partnering on to accelerate hypersonic flight tests.
More recently, the company received a $90 million contract from the U.S. Space Force's Space Systems Command to develop two geostationary satellites to broaden space domain awareness for the U.S. It's the first satellite production award for geostationary orbit, and it demonstrates the company's expanding role as a defense contractor.
For defense industry investors on the prowl for growth opportunities, Rocket Lab stock demands attention.
If defense is the story of 2026, drones are a major plot point Today's battlefields are starkly different from those of years past. Nowadays, military leaders have embraced drones as one of the leading options to gain strategic advantages. Of the many drone stocks to consider, AeroVironment (AVAV 1.34%) is a compelling option.
Unlike many other defense contractors, AeroVironment is a pure-play drone company, and its offerings aren't limited to the wild blue yonder. The company also provides autonomous vehicles that operate on land, at sea, and in space -- as well as cyber capabilities.
One unique opportunity for AeroVironment right now is Golden Dome, a multibillion-dollar initiative to develop an integrated air and missile defense system to safeguard the United States. From its BADGER digital phased array solution that supports communications to PANTHER, which supports autonomous operations with electronic scanning, to the LOCUST laser weapon system, AeroVironment has numerous capabilities that the Department of Defense could select in support of Golden Dome.
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The company is aggressively expanding its production facilities to support growing demand for its solutions. Earlier this month, it announced a $15 million expansion of its Ohio production facility, adding to the $30 million expansion of its New Mexico facility and the $20 million expansion of a facility in Alabama.
With $1.1 billion in funded backlog and another $3 billion in unfunded backlog, AeroVironment clearly offers defense solutions that are in high demand right now.
Which defense stock is right for you? For growth investors seeking exposure to defense stocks, Rocket Lab and AeroVironment are two great options right now. Since Rocket Lab is still unprofitable, though, those with lower risk tolerances may prefer AeroVironment stock at this time, as the company is profitable on an adjusted earnings-per-share (EPS) basis. In 2026, for example, AeroVironment forecasts adjusted EPS between $2.75 and $3.10.
NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive.
Should You Join The AeroVironment Class Action Lawsuit:
Do you, or did you, own shares of AeroVironment, Inc. (NASDAQ: AVAV)?
Did you sell your shares between June 25, 2025 and March 10, 2026, inclusive?
Did you lose money in your investment in AeroVironment, Inc.?
What To Do Next:
Investors are encouraged to act promptly and submit a form at AeroVironment, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].
If you wish to serve as lead plaintiff for the Class, you must file papers by July 27, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About The Lawsuit:
The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, AeroVironment securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.
About Bernstein Liebhard:
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
AeroVironment's SEC Filings Allegedly Used Generic Risk Warnings While Executives Privately Knew the $1.7 Billion SCAR Contract Faced Imminent Termination
, /PRNewswire/ - Levi & Korsinsky, LLP examines the adequacy of AeroVironment, Inc.'s (NASDAQ: AVAV) risk disclosures during a period when shareholders lost significant share value. A securities class action has been filed on behalf of investors who purchased AVAV securities between June 25, 2025 and March 10, 2026. Find out if you qualify to recover losses from inadequate disclosures. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
AVAV shares declined $13.84 per share to $207.73, a 6.24% collapse, after AeroVironment confirmed the termination of the Company's contract concerning the SCAR program. AVAV shares had already faltered $61.97 after the Company had first announced the program was paused and a further $43.93 following Space Force's announcement of a "new acquisition strategy for SCAR." The lead plaintiff deadline is July 27, 2026.
What the Company Disclosed
After the January 20, 2026 stop work order, AeroVironment's Form 8-K stated the order "allows for the parties to negotiate an amended agreement for the future of the SCAR program." The Company added that it "expects to continue to deliver capabilities and products for the SCAR program." On March 3, 2026, AeroVironment issued a press release asserting it was "confident in its ability to successfully deliver our systems ahead of competitors."
These disclosures framed the stop work order as a routine contract renegotiation rather than a fundamental threat to the Company's largest revenue pipeline.
What the Complaint Challenges as Missing
The securities action contends AeroVironment's disclosures omitted critical information that would have changed the risk calculus for investors:
The U.S. Space Force was actively reassessing its single-vendor acquisition strategy in favor of multi-vendor, commercial off-the-shelf solutions The Company's "shoulder-to-shoulder" relationship with its customer had not prevented a strategic pivot away from AeroVironment's bespoke BADGER system Approximately $1.5 billion of AeroVironment's $3 billion unfunded backlog was tied to the at-risk SCAR program The stop work order was not merely a pause for contract amendment but a precursor to full termination for convenience Item 303 of SEC Regulation S-K required disclosure of known trends or uncertainties reasonably likely to have a material unfavorable impact on revenues Why Generic Warnings Allegedly Did Not Protect Investors
The complaint charges that AeroVironment violated Item 303 of Regulation S-K (17 C.F.R. § 229.303(b)(2)(ii)), which mandates disclosure of "known trends or uncertainties" reasonably likely to materially affect revenues. Rather than disclose specific, actionable intelligence about the Space Force's shifting procurement philosophy, the Company allegedly substituted reassuring language about continued negotiations and competitive confidence. As pleaded in the action, boilerplate language about contract risks cannot substitute for disclosing that the customer was already pursuing a fundamentally different acquisition model.
"Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company's operations. When a company's largest contract is under active threat, investors deserve more than vague assurances about ongoing negotiations," stated Joseph E. Levi, Esq.
Speak with an attorney about whether AeroVironment's disclosures met legal standards or call (212) 363-7500.
LEAD PLAINTIFF DEADLINE: July 27, 2026
Levi & Korsinsky, LLP, Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered for investors.
Frequently Asked Questions About the AVAV Lawsuit
Q: What specific misstatements does the AVAV lawsuit allege? A: The complaint alleges AeroVironment made materially false or misleading statements regarding the stability and future of the $1.7 billion SCAR contract, characterizing it as a key growth driver while the U.S. Space Force was reassessing its single-vendor acquisition strategy. When the true state was revealed through three corrective disclosures, the stock price declined sharply.
Q: When did AeroVironment allegedly mislead investors? A: The class period runs from June 25, 2025 to March 10, 2026. The alleged fraud was revealed through corrective disclosures on January 20, March 2, and March 10, 2026, causing cumulative stock declines of approximately 47%.
Q: What do AVAV investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my AVAV shares? Can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: Can I join a different law firm's lawsuit instead? A: Multiple firms often file competing complaints. The court consolidates and appoints a single lead counsel. Contacting Levi & Korsinsky before July 27, 2026 ensures your losses are considered.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Wall Street analysts expect AeroVironment (AVAV - Free Report) to post quarterly earnings of $1.53 per share in its upcoming report, which indicates a year-over-year decline of 5%. Revenues are expected to be $563.14 million, up 104.7% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific AeroVironment metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Contract Services' reaching $186.53 million. The estimate indicates a year-over-year change of +468.4%.
The average prediction of analysts places 'Revenue- Product Sales' at $378.63 million. The estimate indicates a year-over-year change of +56.3%.
The collective assessment of analysts points to an estimated 'Gross margin- Contract services' of $45.22 million. Compared to the current estimate, the company reported $8.87 million in the same quarter of the previous year.
Analysts predict that the 'Gross margin- Product sales' will reach $113.78 million. Compared to the current estimate, the company reported $91.46 million in the same quarter of the previous year.
View all Key Company Metrics for AeroVironment here>>>
Over the past month, AeroVironment shares have recorded returns of -18.2% versus the Zacks S&P 500 composite's -1.3% change. Based on its Zacks Rank #3 (Hold), AVAV will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
There are many ways that soccer players can turn into legends, especially during a World Cup. But thanks to social media, athletes don’t need to score a goal or win a match for fame—they just need enough people on board.
At least that is the case for New Zealand defender Tim Payne, who blew up in popularity even before kickoff.
Ahead of the 2026 FIFA World Cup, Argentine soccer influencer Valen “El Scarso” Scarsini set out to make famous a player he considered to be the least known in the tournament, calling on his fans to follow Payne on social media.Scarsini’s bit has been successful. Payne has since grown his following from 5,000 followers on Instagram to a head-spinning 5.9 million—more than the entire population of his home country.
Here come the brandsBut like with anything that goes viral, brands are already trying to tap into Payne’s newfound popularity.
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In a recent video posted to Instagram by Payne and Scarsini—where the player and influencer meet in person—Payne thanked El Scarso for spearheading the campaign that brought him fame.
In the comments section, brands flooded the comments, trying to insert themselves into the story.
“Football brining the world together,” WhatsApp commented.
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
Our proprietary system currently recommends Valmont Industries (VMI - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
Here are three of the most important factors that make the stock of this infrastructure equipment maker a great growth pick right now.
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Valmont is 14.7%, investors should actually focus on the projected growth. The company's EPS is expected to grow 19.6% this year, crushing the industry average, which calls for EPS growth of 9.9%.
Impressive Asset Utilization RatioAsset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric exhibits how efficiently a firm is utilizing its assets to generate sales.
Right now, Valmont has an S/TA ratio of 1.23, which means that the company gets $1.23 in sales for each dollar in assets. Comparing this to the industry average of 0.98, it can be said that the company is more efficient.
While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. And Valmont looks attractive from a sales growth perspective as well. The company's sales are expected to grow 5% this year versus the industry average of 0%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Valmont. The Zacks Consensus Estimate for the current year has surged 0.2% over the past month.
Bottom LineValmont has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Valmont is a potential outperformer and a solid choice for growth investors.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Valmont Industries (VMI - Free Report) Headquartered in Omaha, NE, Valmont Industries, Inc. is primarily engaged in the production of fabricated metal products, metal and concrete pole and tower structures and mechanized irrigation systems in the United States and abroad.
VMI is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. VMI has a Growth Style Score of A, forecasting year-over-year earnings growth of 19.6% for the current fiscal year.
One analyst revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.27 to $22.83 per share. VMI also boasts an average earnings surprise of +6.7%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, VMI should be on investors' short list.
Investors interested in stocks from the Beverages - Soft drinks sector have probably already heard of Keurig Dr Pepper, Inc (KDP) and Coca-Cola European (CCEP). But which of these two companies is the best option for those looking for undervalued stocks?
June 24, 2026 08:15 ET | Source: Ocean Power Technologies, Inc.
MONROE TOWNSHIP, N.J., June 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT) today announced the successful deployment and commissioning of a PowerBuoy® system off the coast of New Jersey in support of Rutgers, The State University of New Jersey. The Company also announced it has received a purchase order from Stevens Institute of Technology for one of its maritime drones, the WAM-V® unmanned surface vehicle.
The Rutgers project, supported by the New Jersey Economic Development Authority, is now fully installed and operational. The PowerBuoy® replaces a legacy ocean monitoring system that relied on fixed seabed cables, providing continuous offshore power and communications without permanent infrastructure. The system will support ongoing ocean research, environmental monitoring, and integration of surface and subsea sensors.
The Stevens Institute of Technology order represents an additional engagement within the academic research market, a market characterized by multi-phase programs, recurring funding cycles, and follow-on deployment opportunities and reflects continued demand for OPT’s autonomous maritime solutions. The maritime drone will support advanced marine research and development initiatives and is currently in production
Philipp Stratmann, Chief Executive Officer of OPT, commented, “The Rutgers deployment reflects our continued focus on converting awarded projects into operational systems and revenue. At the same time, the new order from Stevens demonstrates the repeatability of our offerings within the advanced autonomy and sensor community. We are building a growing base of customers that require ongoing deployments, upgrades, and support. With both Rutgers University and Stevens Institute of Technology based in New Jersey, we are proud to continue our active collaboration within the state.”
Unlike traditional subsea cable systems that require complex installation and are difficult to modify, the PowerBuoy can be deployed quickly, relocated as needed, and upgraded over time. This flexibility supports both initial deployments and follow-on work, including system expansion, sensor integration, and long-term service.
For additional information about OPT, please visit our website Ocean Power Technologies.
ABOUT OCEAN POWER TECHNOLOGIES
OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® unmanned surface vessels (USVs) and marine robotics services. The Company’s headquarters is in Monroe Township, New Jersey, with an additional office in Richmond, California. To learn more about OPT’s groundbreaking products, services and solutions, visit www.OceanPowerTechnologies.com.
FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the continuing successful operations of the Rutgers PowerBuoy® and the effective completion of the Stevens order the delivery of customer services, the conversion of potential customers to contracts and the realization of the potential revenue thereunder. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
June 22, 2026 16:05 ET | Source: Madrigal Pharmaceuticals, Inc.
CONSHOHOCKEN, Pa., June 22, 2026 (GLOBE NEWSWIRE) -- Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL), a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), today announced that it granted equity awards on June 15, 2026 to five new non-executive employees as equity inducement awards under the terms of Madrigal’s 2025 Inducement Plan. The equity awards were approved by Madrigal’s independent Compensation Committee in accordance with Nasdaq Listing Rule 5635(c)(4).
The equity awards were granted as an inducement material to employees’ acceptance of employment with the company. The new employees received, in the aggregate, 1,397 time-based restricted stock units. All restricted stock units granted vest in four equal installments on each of the first through fourth anniversaries of the grant date. The vesting of all awards described above shall be subject to each such employee’s continued employment as of the applicable vesting date.
About Madrigal Pharmaceuticals
Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL) is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), a liver disease with high unmet medical need. Madrigal’s medication, Rezdiffra (resmetirom), is a once-daily, oral, liver-directed THR-β agonist designed to target key underlying causes of MASH. Rezdiffra was the first medication approved by both the FDA and European Commission for the treatment of MASH with moderate to advanced fibrosis (F2 to F3). An ongoing Phase 3 outcomes trial is evaluating Rezdiffra for the treatment of compensated MASH cirrhosis (F4c). For more information, visit www.madrigalpharma.com.
ManpowerGroup delegation to bring workforce expertise and labor market insights to Summer Davos, where leaders will convene around "Innovating at Scale"
, /PRNewswire/ -- ManpowerGroup, (NYSE: MAN) a global leader in workforce solutions, announced today that Chair and Chief Executive Officer Jonas Prising will co-chair the World Economic Forum's Annual Meeting of the New Champions (AMNC) 2026 in Dalian, China, June 23 – 25. Known as Summer Davos, the meeting brings together leaders from business, government, academia, and civil society to discuss entrepreneurship, innovation, and economic growth. This year's theme, "Innovating at Scale," will focus on translating technological breakthroughs into broad-based economic benefit.
AI is reshaping work. Fast. Skills are evolving. Roles, workflows, and teams are being redefined. The organizations that lead tomorrow will be the ones redesigning work today, before disruption becomes reality. That’s why ManpowerGroup will be at the World Economic Forum’s Annual Meeting of the New Champions 2026, taking place June 23–25 in Dalian, China. "The organizations that will lead in the AI era are not necessarily those with the most advanced technology. They will be those that can translate technological progress into human progress," said Prising. "That requires more than deployment. It requires the clarity, the skills investment, and the leadership that help people move forward with confidence, and it is the central challenge we will be focused on this week in Dalian."
Prising will participate in a panel titled "AI Everywhere, Not at Once" on Tuesday, June 23. The livestreamed session will examine the gap between AI deployment and measurable business impact, including how organizations are scaling AI, redesigning work, and building workforce readiness. Other participants include Xue Lan, Dean of Schwarzman College at Tsinghua University; Feng Junlan, Chief Scientist of China Mobile; and Roli Agrawal, Chief Strategy Officer at NTT Data. The session will be moderated by Stephen Engle, Chief North Asia Correspondent for Bloomberg Television.
ManpowerGroup Delegation at AMNC 2026
In addition to Prising, ManpowerGroup is represented in Dalian by senior global and regional leaders spanning workforce strategy, talent solutions, and labor market intelligence across the Asia Pacific and Middle East region:
François Lançon, Regional President, Asia Pacific and Middle East, ManpowerGroup Filip Rideau, Regional Head of Growth & Franchise, Asia Pacific and Middle East, ManpowerGroup Sam Haggag, Head of Manpower & Director of Sales, Asia Pacific and Middle East, ManpowerGroup Lancy Chui, Senior Vice President, ManpowerGroup China Okjin (OJ) Kim, CEO, Manpower Korea Supporting Research
ManpowerGroup arrives in Dalian with a body of recent research directly relevant to the meeting's themes, including:
Experis CIO Outlook 2026: Drawing on responses from 1,930 technology leaders across 12 countries, the report finds business-IT alignment has overtaken cybersecurity as the top CIO priority for the first time, as leaders face mounting pressure to prove the business value of AI investments. ManpowerGroup Employment Outlook Survey, Q3 2026: Based on interviews with more than 40,500 employers across 42 countries, the survey finds global hiring momentum steady year-over-year with a 26% Net Employment Outlook, even as economic uncertainty weighs on quarter-over-quarter confidence. China posts a 33% NEO, above the global average, with a nine-point year-over-year improvement. For more information and to follow ManpowerGroup at the Annual Meeting of the New Champions, visit manpowergroup.com/insights/amnc.
ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time; all confirming our position as the brand of choice for in-demand talent.
For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.
New research commissioned by ManpowerGroup Talent Solutions finds that fragmented workflows, governance gaps, and AI-assisted candidate behavior are blocking transformation even as adoption reaches near-universal levels.
, /PRNewswire/ -- More than 90% of organizations have deployed AI in talent acquisition, yet fewer than 5% report transformational outcomes. That gap is the central finding of The New Talent Equation: Building Better Talent Decisions, a new report commissioned by ManpowerGroup Talent Solutions and developed by Everest Group. The research examines why AI adoption in hiring has scaled rapidly, while its impact on how organizations make talent decisions continues to lag.
"The New Talent Equation: Building Better Talent Decisions" examines why AI adoption in hiring has scaled rapidly, while its impact on how organizations make talent decisions continues to lag.
"The New Talent Equation: Building Better Talent Decisions Nearly 54% of organizations report that AI-assisted candidate behavior is making it harder to accurately assess true candidate capability. And while 39% report significant impact, it remains largely limited to operational efficiency—not better hiring decisions.
"The New Talent Equation: Building Better Talent Decisions" finds that nearly 54% of organizations report that AI-assisted candidate behavior is making it harder to accurately assess true candidate capability. And while 39% report significant impact, it remains largely limited to operational efficiency—not better hiring decisions.
The report, the first in a two-part series, draws on a survey of 80 C-suite, CHRO, and senior talent acquisition leaders across the United States and the United Kingdom, spanning healthcare, life sciences, manufacturing, and technology. The findings were featured at VivaTech 2026 in Paris, where Talent Solutions executives joined global business leaders to discuss the shifting dynamics of AI-driven workforce strategy.
"AI is not transforming talent evenly, it is exposing it," said Caroline Pfeiffer Marinho, Global Senior Vice President, Talent Solutions RPO and Right Management. "While adoption is widespread, the ability to translate that into meaningful outcomes is far less consistent. What the research makes clear is that the constraint is no longer access to AI tools. It is how talent operations are designed around them. The organizations that move from deploying AI to redesigning how work gets done will be the ones that pull ahead."
"The conversation around AI transformation has largely focused on technology adoption. The research suggests the more significant challenge lies elsewhere," Sailesh Hota, Vice President, Everest Group, said. "As AI becomes embedded into workflows and decisions, organizations are discovering that adapting workforce models, leadership practices, and operating structures is proving equally important."
AI Adoption Has Scaled. Impact Has Not.
The research documents a significant and growing gap between AI's widespread deployment and its realized business value. More than 90% of organizations surveyed report active AI use in talent acquisition, concentrated in sourcing, resume screening, and candidate engagement. Yet fewer than 5% describe their outcomes as transformational across any key metric.
Thirty-nine percent of organizations report significant impact on operational efficiency — the clearest area of measurable gain. Improvements in decision quality, workforce agility, and strategic capacity remain limited, with moderate outcomes dominating across nearly every dimension the research examined.
The research identifies a core structural reason: most organizations are layering AI onto workflows built for a pre-AI environment. Isolated tools, siloed data, and outdated hiring processes are preventing AI from generating cumulative value across the full hiring lifecycle.
Key Findings
Adoption is outpacing transformation. More than 90% of organizations have deployed AI in talent acquisition, but the vast majority remain in early maturity stages; automating tasks without rethinking how hiring decisions actually work. Fragmented systems are the primary constraint. Organizations cite change management and adoption challenges (58%), governance and compliance concerns (55%), and data readiness limitations (55%) as the top barriers to scaling AI. Most deployments continue to operate within isolated use cases rather than integrated, end-to-end talent workflows. AI is creating a new signal problem in hiring. Nearly 54% of organizations report that AI-assisted candidate behavior, AI-generated resumes, applications, and interview preparation, is making it harder to accurately assess true candidate capability. Hiring managers are finding it increasingly difficult to distinguish between a genuinely skilled candidate and one who simply used AI to polish their application. Quick wins are crowding out transformation. Nearly 72% of organizations report achieving expected AI outcomes within two years, with 26% realizing value in under a year. But the research finds this speed comes at a cost: organizations are prioritizing near-term, measurable gains over the deeper workflow redesign and governance investment required for lasting impact. The result is faster hiring processes, but not smarter hiring decisions. The path forward is redesign, not more deployment. The research outlines a four-stage roadmap — from rationalization through adoption, enablement, and transformation — and identifies the foundational investments in data integration, governance, and operating model alignment required to move organizations across it. The New Talent Equation: Building Better Talent Decisions is available now at mpgtalentsolutions.com/the-new-talent-equation. Part II of the series examines the human side of AI transformation, including workforce readiness, leadership capability, and how organizations can move beyond isolated deployments to redesign how work gets done, and will be released soon.
ABOUT MANPOWERGROUP TALENT SOLUTIONS
Talent Solutions combines RPO, TAPFIN-MSP, and Right Management to deliver end-to-end, data-driven capabilities across the talent lifecycle. Drawing on deep industry expertise and a genuine understanding of what talent wants, we help organizations address complex workforce needs, from attraction and acquisition to upskilling, development, and retention. Through seamless delivery, best-in-class technology, and extensive workforce insights, we serve clients across multiple countries and at scale. Talent Solutions is part of the ManpowerGroup® (NYSE: MAN) family of brands, which also includes Manpower and Experis.
For more information, visit www.mpgtalentsolutions.com, or follow us on LinkedIn.
Ultragenyx (RARE) is transitioning from a broad pipeline to a focused rare disease platform, entering a high-catalyst period with four approved products and multiple late-stage assets. Despite a recent Phase 3 failure and Q1 2026 net loss, RARE reaffirmed 2026 revenue guidance of $730–$760 million, supported by a scalable commercial base and cost controls. Key near-term catalysts include FDA reviews for DTX401 and UX111 (PDUFA dates in H2 2026) and pivotal Phase 3 Aspire results for GTX-102 in Angelman syndrome.
One of the most anticipated public offerings in recent memory is drawing skepticism. SpaceX (NASDAQ:SPCX) currently has a valuation of roughly $2.44 trillion, up nearly 40% from its $1.75 trillion IPO. Morningstar analysts have signaled the stock could be worth less than half that figure on a fundamentals basis. That gap was the centerpiece of a recent segment on the Retire SMART Podcast (Ep. 432), where the host walked through why his firm is sitting this one out.
IPOs Historically Underperform in the Near Term The host’s framing was direct. He described “a company that only does $20 billion or so in revenue, that’s gonna trade at almost $2 trillion in market cap when there’s no profitability.” He noted SpaceX is arriving without profitability, EBITDA, margins, or dividends to anchor the valuation, and pointed to a broader historical pattern in which most IPOs “go down in their first year as much as 55%.” He presented that figure as his characterization of IPO history rather than a precise statistic.
His bottom line for clients: “I’m not buying the IPO, full disclosure, and we’ve told our clients, we don’t recommend they buy this when it comes out.” He reminded listeners that companies typically go public so early investors can “cash out,” framing the decision as “risk-reward” under capitalism rather than a recommendation either way.
What SpaceX Actually Is The Morningstar caution lands against a business that is operationally dominant. SpaceX has launched more than 80% of the world’s mass into orbit each year since 2023, and its Falcon rockets have maintained an over-99% mission success rate. Starlink, the broadband arm, operates a constellation of roughly 9,600 satellites in Low-Earth Orbit, serving customers across 164 countries, territories, and other markets as of March 31, 2026.
In early 2026, SpaceX acquired xAI, folding the Grok frontier model and its X-platform distribution into the company alongside launch and connectivity. On the revenue side, the host cited reporting that Google is set to pay “approximately a billion a month to SpaceX to use their compute power,” which he said could meaningfully bolster future financials.
For perspective on what live trading has looked like in the very early window, SPCX changed hands at $185 as of June 18, 2026, with only 5 trading days of history available.
How Profitable, Mature Aerospace Peers Stack Up It is worth contrasting that valuation debate with how the market prices a profitable, established aerospace and defense name. RTX (NYSE:RTX | RTX Price Prediction) carries a market capitalization of roughly $249.9 billion, trades at a forward P/E of 27, and supports a 1.41% dividend yield.
RTX delivered Q1 2026 adjusted EPS of $1.78 on revenue of $22.08 billion, with a backlog of $271 billion across commercial and defense. CEO Chris Calio said, “RTX delivered a very strong start to 2026 with organic sales and adjusted operating profit growth across all three segments.” Shares have advanced 29.27% over the past year.
The takeaway from the comparison: investors are being asked to pay a multiple of SpaceX’s IPO that has no historical parallel in aerospace, in the hope that the company will reach heights none of its peers have ever reached.
What To Watch Next The debate over SpaceX ultimately comes down to execution. Bulls see a company that dominates launches, owns the world’s largest satellite internet network, and is expanding into AI infrastructure. Bears see a stock already priced for years of success in industries that hardly exist today.
Over the coming quarters, investors will be watching for evidence that SpaceX can grow into its valuation through higher revenue, improving profitability, and continued growth at Starlink. Whether the stock justifies its premium valuation or moves closer to Morningstar’s estimate will depend on those fundamentals rather than the excitement surrounding the IPO itself.
Designed to provide broad exposure to the Small Cap Growth segment of the US equity market, the iShares Morningstar Small-Cap Growth ETF (ISCG - Free Report) is a passively managed exchange traded fund launched on June 28, 2004.
The fund is sponsored by Blackrock. It has amassed assets over $1.03 billion, making it one of the average sized ETFs attempting to match the Small Cap Growth segment of the US equity market.
Why Small Cap GrowthSitting at a market capitalization below $2 billion, small cap companies tend to be high-potential stocks compared to its large and mid cap counterparts, but come with higher risk.
Qualities of growth stocks include faster growth rates compared to the broader market, as well as higher valuations and higher than average sales and earnings growth rates. Something to keep in mind is the higher level of volatility that is affiliated with growth stocks. Compared to value stocks, growth stocks are a safer bet in a strong bull market, but don't perform as strongly in almost all other financial environments.
CostsSince cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.
Annual operating expenses for this ETF are 0.06%, making it one of the least expensive products in the space.
It has a 12-month trailing dividend yield of 0.58%.
Sector Exposure and Top HoldingsIt is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Industrials sector -- about 26.4% of the portfolio. Information Technology and Healthcare round out the top three.
Looking at individual holdings, Lumentum Holdings Inc (LITE) accounts for about 2.09% of total assets, followed by Ati Inc (ATI) and Rbc Bearings Inc (RBC).
Performance and RiskISCG seeks to match the performance of the MORNINGSTAR US SML CP BRD GRWTH EXTD ID before fees and expenses. The Morningstar US Small Cap Broad Growth Extended Index comprises of small-capitalization U.S. equities that exhibit growth characteristics.
The ETF has gained about 15.3% so far this year and is up about 33.27% in the last one year (as of 06/23/2026). In the past 52-week period, it has traded between $48.76 and $63.77.
The ETF has a beta of 1.13 and standard deviation of 20.22% for the trailing three-year period. With about 962 holdings, it effectively diversifies company-specific risk.
AlternativesiShares Morningstar Small-Cap Growth ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, ISCG is a great option for investors seeking exposure to the Style Box - Small Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well.
The iShares Russell 2000 Growth ETF (IWO) and the Vanguard Small-Cap Growth Index Fund ETF Shares (VBK) track a similar index. While iShares Russell 2000 Growth ETF has $15.23 billion in assets, Vanguard Small-Cap Growth Index Fund ETF Shares has $24.08 billion. IWO has an expense ratio of 0.24% and VBK charges 0.05%.
Bottom-LineAn increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
Dataset is designed to translate asset-level climate hazards into risk metrics for investors
CHICAGO--(BUSINESS WIRE)--Morningstar Sustainalytics, a leading provider of sustainable investing research, ratings, and data, today announced it is collaborating with XDI (Cross Dependency Initiative), physical climate risk specialists, and Veridion, an AI-powered business data platform to further develop its physical climate risk product for asset managers and asset owners.
This development intends to address a key gap in existing climate risk tools by seeking to translate physical hazard exposure into financially relevant insights. While the industry has made progress in identifying which assets face exposure to floods, wildfires, heat stress and other climate hazards, converting that exposure into metrics that support real investment decisions remains an evolving challenge.
A group of asset managers and asset owners will act as partners, providing ongoing input on use cases, data needs, and integration into existing investment workflows. This will build on Morningstar Sustainalytics’ broader climate offering, including its Low Carbon Transition Ratings and existing Physical Climate Risk Metrics.
David Pagliaro, president, Morningstar Sustainalytics, commented: “Working with XDI and Veridion reflects an important evolution in how physical climate risk is assessed and applied in investments. Physical asset-level hazard data has become more available, but investors have lacked a consistent framework to determine financial relevance at the portfolio level. By connecting exposure, asset materiality and financial impact through business interruption, this approach aims to help institutional investors identify where physical risks are most likely to affect long-term value and inform the integration of those insights into portfolio construction and risk management.”
This development brings together three complementary capabilities from each organization to create a more integrated view of physical climate risk.
XDI will provide asset-level hazard impact analysis through its engineering-based Climate Risk Engines, combining sub-asset data, hazard modeling and forward-looking climate scenarios to estimate how climate hazards translate into operational disruption. These are designed to be consistent with key industry frameworks such as the Task Force on Climate-Related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB).
Veridion will supply the geolocation and business intelligence layer needed to help map companies to their physical assets and operations globally. Veridion’s AI-enabled company intelligence platform supports the mapping of corporate entities to their physical assets and operations at global scale. Veridion's business and asset intelligence will connect directly to XDI's physical asset models.
Morningstar Sustainalytics will integrate each component of the product through its proprietary investment research framework. Central to this is a new Asset Materiality Assessment. This is a structured methodology for determining which physical assets are likely to be material to a company's core business activities. Not all assets exposed to climate hazards are equally consequential for investors. The Asset Materiality Assessment will seek to make that distinction clearer, with the aim of ensuring that physical risk signals are weighted by their estimated relevance to operations, revenue generation and long-term earnings capacity.
The output is expected to combine asset-level physical risk data with company-level financial signals, giving investors a view that is intended to span granular exposure detail to portfolio-level financial implications.
Dr. Karl Mallon, founder and head of science and technology, XDI commented: "For nearly two decades, the XDI team has been pioneering physical climate risk analysis. The XDI Climate Risk Engines have always been designed to utilize detailed information on asset design, construction, and materiality. Until now, however, acquiring that level of intelligence at scale has been extremely difficult. Veridion helps make this rich business and asset data accessible. XDI translates it into sophisticated climate risk metrics. Morningstar Sustainalytics then seeks to transform those insights into a new generation of decision-ready intelligence for investors and the broader financial sector."
Florin Tufan, CEO of Veridion, commented: "Physical climate risk hinges on a deceptively simple question: which company owns what, and where? Veridion's live company graph answers it at global scale, mapping which assets belong to which companies, where they operate, and what activity is occurring at each location, so when investors act on an exposure number, they're acting on the world as it is."
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, institutional investors in the debt and private capital markets, and alliances and redistributors. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $378 billion in AUMA as of Dec. 31, 2025. The Company operates through wholly-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on LinkedIn @Morningstar.
About Morningstar Sustainalytics
Morningstar Sustainalytics is a leading sustainable investment data, research, and ratings firm that supports investors around the world with the development and implementation of responsible investment strategies. For more than 30 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors. Today, Morningstar Sustainalytics works with hundreds of the world’s leading asset managers and pension funds who incorporate sustainability information and assessments into their investment processes. The firm also works with hundreds of companies and their financial intermediaries to help them consider material sustainability factors in policies, practices, and capital projects. Morningstar Sustainalytics has analysts around the world with varied multidisciplinary expertise across more than 40 industry groups. For more information, visit www.sustainalytics.com.
About Veridion
Veridion is a global company-intelligence data provider that maintains a living knowledge graph of the world's businesses, fusing legal identity with operating reality across roughly 600 million companies and updating continuously as the world changes. Each company profile spans firmographics, locations and operational footprint, products and services, ownership and corporate linkage, ESG, and technographics. Organizations build on Veridion to automate decisions about companies at scale across risk, underwriting, and market intelligence. Data is delivered through APIs, batch, and warehouse-native feeds, with source provenance and a confidence score on every attribute. Learn more at veridion.com.
About XDI (Cross Dependency Initiative)
XDI is a global specialist in physical climate risk and adaptation analysis. Since 2007, the XDI team has helped governments, investors, insurers, banks and corporations understand the impacts of climate change and extreme weather on physical assets, infrastructure and operations. Combining climate science, engineering and financial analysis, XDI delivers asset-level physical climate risk analysis that support resilience planning, investment decision-making and climate adaptation. XDI is part of The Climate Risk Group. In 2025, XDI was recognised as market leader in both the Forrester Wave™: Climate Risk Analytics Software and Verdantix Smart Innovators: Physical Climate Risk Solutions assessments.
PAWTUCKET, R.I.--(BUSINESS WIRE)--Hasbro, Inc. (NASDAQ: HAS), a leading games, IP and toy company, today announced it is a 2026 honoree of The Civic 50, Points of Light's prestigious recognition of the 50 most community-minded companies in the United States.
Hasbro named to The Civic 50, marking the 14th consecutive year Hasbro has earned the distinction, the only company to be recognized every year since the program's inception in 2012.
Share This marks the 14th consecutive year Hasbro has earned the distinction, the only company to be recognized every year since the program's inception in 2012.
The Civic 50 sets the national standard for corporate social impact, evaluating companies with annual revenues of at least $1 billion on the scale, sophistication and impact of their employee volunteerism, community investment and social impact strategies. The recognition highlights organizations that effectively leverage their time, talent and resources to strengthen communities and drive meaningful societal change.
Guided by a long-standing commitment to corporate citizenship and purpose-driven business practices, Hasbro advances its community impact through employee volunteerism, philanthropic giving, and strategic nonprofit partnerships that leverage the power of play. In 2025, Hasbro employees participated in more than 150 volunteer projects, positively impacting over 100,000 children, fans, and families.
"Creating joy and community is embedded in how we operate as a company and how our employees engage with our fans around the world," said Sarah Knott, Director of Philanthropy at Hasbro. "Being recognized by The Civic 50 for the 14th consecutive year is an incredible honor and a testament to the passion of our employees and our enduring commitment to making a positive impact where we live, work and play.”
"Today's leading companies understand that community engagement is more than a program; it's a reflection of their commitment to advancing social impact in ways that strengthen both their company and the communities they serve," said Jennifer Sirangelo, president and CEO of Points of Light. "Hasbro demonstrates how to embed purpose into the employee experience, build authentic relationships with communities and use business as a force for good. We're proud to honor Hasbro with the 2026 Civic 50 award."
For more information on Hasbro’s Impact, access the 2025 Impact Report.
For more information about The Civic 50, visit pointsoflight.org.
About Hasbro
Hasbro is a leading games, IP and toy company whose mission is to create joy and community through the magic of play. With 165 years of expertise, Hasbro delivers groundbreaking play experiences and reaches more than 1 billion fans annually around the world, through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film, TV and more.
Through its franchise-first approach, Hasbro unlocks value from both new and legacy IP, including Magic: The Gathering, Dungeons & Dragons, Monopoly, Hasbro Games, Nerf, Transformers, Play-Doh and Peppa Pig, as well as premier partner brands. Powered by its portfolio of thousands of iconic marks and a diversified network of partners and subsidiary studios, Hasbro brings fans together wherever they are, from tabletop to screen.
For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, a 2026 JUST Capital Industry Leader, one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50, and a Brand that Matters by Fast Company, and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50 for fourteen consecutive years. For more information, visit https://corporate.hasbro.com or @Hasbro on LinkedIn.
Hasbro, Inc. (NASDAQ: HAS), a leading games, IP and toy company, today announced it is a 2026 honoree of The Civic 50, Points of Light's prestigious recognition of the 50 most community-minded companies in the United States.
This marks the 14th consecutive year Hasbro has earned the distinction, the only company to be recognized every year since the program's inception in 2012.
The Civic 50 sets the national standard for corporate social impact, evaluating companies with annual revenues of at least $1 billion on the scale, sophistication and impact of their employee volunteerism, community investment and social impact strategies. The recognition highlights organizations that effectively leverage their time, talent and resources to strengthen communities and drive meaningful societal change.
Guided by a long-standing commitment to corporate citizenship and purpose-driven business practices, Hasbro advances its community impact through employee volunteerism, philanthropic giving, and strategic nonprofit partnerships that leverage the power of play. In 2025, Hasbro employees participated in more than 150 volunteer projects, positively impacting over 100,000 children, fans, and families.
"Creating joy and community is embedded in how we operate as a company and how our employees engage with our fans around the world," said Sarah Knott, Director of Philanthropy at Hasbro. "Being recognized by The Civic 50 for the 14th consecutive year is an incredible honor and a testament to the passion of our employees and our enduring commitment to making a positive impact where we live, work and play.”
"Today's leading companies understand that community engagement is more than a program; it's a reflection of their commitment to advancing social impact in ways that strengthen both their company and the communities they serve," said Jennifer Sirangelo, president and CEO of Points of Light. "Hasbro demonstrates how to embed purpose into the employee experience, build authentic relationships with communities and use business as a force for good. We're proud to honor Hasbro with the 2026 Civic 50 award."
For more information on Hasbro’s Impact, access the 2025 Impact Report.
For more information about The Civic 50, visit pointsoflight.org.
About Hasbro
Hasbro is a leading games, IP and toy company whose mission is to create joy and community through the magic of play. With 165 years of expertise, Hasbro delivers groundbreaking play experiences and reaches more than 1 billion fans annually around the world, through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film, TV and more.
Through its franchise-first approach, Hasbro unlocks value from both new and legacy IP, including Magic: The Gathering, Dungeons & Dragons, Monopoly, Hasbro Games, Nerf, Transformers, Play-Doh and Peppa Pig, as well as premier partner brands. Powered by its portfolio of thousands of iconic marks and a diversified network of partners and subsidiary studios, Hasbro brings fans together wherever they are, from tabletop to screen.
For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, a 2026 JUST Capital Industry Leader, one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50, and a Brand that Matters by Fast Company, and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50 for fourteen consecutive years. For more information, visit https://corporate.hasbro.com or @Hasbro on LinkedIn.
HAS-C
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Hasbro (HAS - Free Report) closed the most recent trading day at $82.87, moving -1.8% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 1.44% for the day. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 2.22%.
Coming into today, shares of the toy maker had lost 4.21% in the past month. In that same time, the Consumer Discretionary sector lost 1.97%, while the S&P 500 gained 0.08%.
Market participants will be closely following the financial results of Hasbro in its upcoming release. The company is forecasted to report an EPS of $1.18, showcasing a 9.23% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $1.05 billion, reflecting a 6.82% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $6.01 per share and a revenue of $4.98 billion, demonstrating changes of +8.48% and +5.94%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Hasbro. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 1.48% higher. Hasbro is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, Hasbro is currently trading at a Forward P/E ratio of 14.05. This denotes a premium relative to the industry average Forward P/E of 10.57.
It is also worth noting that HAS currently has a PEG ratio of 2.06. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Toys - Games - Hobbies industry was having an average PEG ratio of 1.66.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 104, positioning it in the top 43% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
HAYWARD, Calif.--(BUSINESS WIRE)--Applied Biomics, Inc., a leading provider of Host Cell Protein (HCP) products and HCP services, today announced the new Antigen Affinity Purified HCP Antibodies. The new product line expands the company's portfolio of high-performance HCP antibody solutions for use in biopharmaceutical process development and quality control.
95% HCP Coverage — Significantly Higher Than Leading Commercial Alternatives
Share Unlike conventional antigen affinity-purified antibodies, which often recognize only a limited subset of HCPs, Applied Biomics' Antigen Affinity Purified CHO HCP Antibody was specifically developed to maximize HCP coverage, an essential characteristic for capture antibodies used in HCP ELISA assays.
The antibody is affinity purified from Applied Biomics' goat anti-CHO HCP polyclonal antibody, which demonstrates greater than 99% HCP coverage. In an internal 2D Western blot evaluation against CHO HCPs, the Antigen Affinity Purified CHO HCP Antibody achieved 95% HCP coverage, compared with 66% coverage using a leading commercially available antigen affinity-purified CHO HCP antibody.
Key Features
95% overall HCP coverage Compatible with: ELISA (capture and detection antibody) 1D Western Blot 2D Western Blot Immunoprecipitation (IP) for immunocapture LC-MS (IAC-MS) Broad reactivity with major CHO production cell lines, including CHO-S, CHO-K1, CHO-GS and CHO-DG44 Complements Applied Biomics' existing Serum and IgG CHO HCP antibody product portfolio Competitive pricing The new Antigen Affinity Purified HCP Antibody further strengthens the company's integrated HCP solution portfolio:
HCP antibodies: Serum, IgG and Antigen Affinity Purified HCP Antigens HCP antibody coverage services Custom HCP antibody development HCP profiling services, and LC-MS/MS based HCP characterization About Applied Biomics
Applied Biomics, Inc. is a leading provider of HCP products and analytical services. Since 2005, the company has supported biotechnology, pharmaceutical, and academic organizations worldwide with comprehensive HCP solutions, including HCP antibodies and reagents, HCP antibody coverage analysis via proprietary 2D Fluorescent Western Blot and HCP profiling services. Headquartered in the San Francisco Bay Area, Applied Biomics also offers a full suite of proteomics services, including LC-MS/MS, quantitative proteomics and protein characterization, helping accelerate biopharmaceutical process development, biomarker discovery and proteomics researches.
Contact Applied Biomics to discover HCP products tailored to your needs and discuss your HCP-related projects.
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Based in Des Moines, Principal Financial (PFG - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 24.22%. Currently paying a dividend of $0.82 per share, the company has a dividend yield of 2.99%. In comparison, the Insurance - Multi line industry's yield is 1.65%, while the S&P 500's yield is 1.43%.
Looking at dividend growth, the company's current annualized dividend of $3.28 is up 6.5% from last year. Over the last 5 years, Principal Financial has increased its dividend 4 times on a year-over-year basis for an average annual increase of 5.97%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Principal Financial's current payout ratio is 38%, meaning it paid out 38% of its trailing 12-month EPS as dividend.
Looking at this fiscal year, PFG expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $9.36 per share, with earnings expected to increase 13.18% from the year ago period.
From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. However, not all companies offer a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, PFG is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Considering buying PFG stock? Here’s what analysts think:
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Venice, Fla., June 23, 2026 (GLOBE NEWSWIRE) -- Freedom Boat Club, the world’s largest boat club and a business of Brunswick Corporation (NYSE: BC), today announced the opening of its 450th global location, a significant milestone that reflects rapid, sustained growth and the increasing demand for flexible, accessible boating experiences. Freedom’s location footprint is now more than two and half times what it was when acquired by Brunswick in 2019 and now includes locations across 35 U.S. states, Canada, Europe, Australia, New Zealand and the United Arab Emirates.
Liberty Landing Marina in Jersey City, New Jersey, overlooking the Statue of Liberty and the Manhattan skyline, is the company’s 450th location, symbolizing Freedom’s continued expansion in premier boating markets. The Liberty Landing location is owned by Freedom franchisees Bev and Tom Rosella.
“This milestone is a direct result of disciplined execution, a differentiated model and the enduring appeal of the boating lifestyle,” said Cecil Cohn, Freedom Boat Club president. “We’ve scaled with purpose by expanding into high-demand markets, strengthening the member experience, and building a global network united by a shared mission to get more people on the water.”
The 450-location milestone comes amid continued domestic and international expansion, including several new and recently announced clubs:
Liberty Landing Marina (Jersey City, NJ) – The symbolic 450th location, offering unmatched access to New York Harbor.Sète, France (a new FBC of Cap d’Agde location) & Gruissan France – Expanding and strengthening Freedom’s leading presence along the scenic Mediterranean coast of Southern France.Cleveland Harbor Marina – Bringing Freedom’s flagship membership experience to one of the Great Lakes’ most iconic waterfront destinations.Lake Hopatcong, New Jersey – Extending one of Freedom’s fastest-growing franchise clubs to serve boaters across the tri-state area.Hutchinson Island, Savannah, GA – Bringing the Freedom experience to downtown Savannah and its vibrant riverfront boating community. As part of the Brunswick extensive marine ecosystem, Freedom Boat Club benefits from Brunswick’s industry-leading innovation, products, service, and support, while being an important source of engine, boat, and P&A demand.
“This trajectory reflects the growing appeal of flexible ways to enjoy life on the water,” said Cohn. “We’re scaling a model that expands access, introduces more people to boating, and positions Freedom Boat Club as an important driver of the industry’s long-term growth.”
About Freedom Boat Club
Founded in 1989, Freedom Boat Club, a business of Brunswick Corporation (NYSE: BC), is the world’s largest boat club, offering a hassle-free boating experience at more than 450 locations across 35 U.S. states, Canada, Europe, Australia, New Zealand and the United Arab Emirates. Members enjoy unlimited access to a wide variety of well-maintained boats and the benefit of premium dockside service. With an innovative membership model, Freedom Boat Club provides boaters of all levels the freedom to explore the water, experience adventure, and enjoy the boating lifestyle. For more information, visit freedomboatclub.com or learn more about franchise opportunities at www.FreedomBoatClubFranchise.com.
About Brunswick Corporation:
Brunswick Corporation (NYSE: BC) is a global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Its technology-driven solutions are informed by deep consumer insights and guided by the belief that “Next Never Rests™.” Brunswick is home to more than 60 industry-leading brands across marine propulsion (including Mercury Marine), parts and accessories (including Attwood), and marine electronics (including Simrad and Lowrance), as well as boat brands including Boston Whaler, Sea Ray, Bayliner, Lund, and Harris. Headquartered in Mettawa, Illinois, Brunswick has approximately 14,500 employees operating in 26 countries. Learn more at Brunswick.com.
Freedom Boat Club's 450th Location at Liberty Landing
Freedom Boat Club's 450th Location at Liberty Landing Freedom Boat Club's 450th location at Liberty Landing Marina in Jersey City, NJ, offers members stun...
Bank Adds Entrepreneur and Tech Innovator to Board to Expand Industry Expertise and Market Reach
, /PRNewswire/ -- Freedom Financial Holdings, Inc. (OTCQX: FDVA) announced the appointment of Purnachandra "Purna" Dokku to its Board of Directors. Mr. Dokku brings extensive experience in entrepreneurship, technology, cybersecurity, and real estate investment, further enhancing the Board's expertise and strategic focus on these key sectors.
Mr. Dokku is an entrepreneur with a proven track record of founding and leading Information Technology companies in the Washington, D.C. area. He currently serves as President and CEO of Pioneer Corporate Services, Inc., in Ashburn, VA, a recognized leader in cybersecurity providing AI-driven solutions to defense and intelligence clients.
In addition to his work in technology, Mr. Dokku is the founder of DSP Real Estate Capital, focusing on value-add multifamily acquisitions in the Southeastern United States. DSP manages over $300 million in assets, including ownership of more than 1,500 multifamily units.
"Purna's entrepreneurial expertise and leadership in technology and real estate make him a tremendous addition to our Board of Directors," said Joe Thomas, President & CEO of Freedom Bank. "His insights will be invaluable as Freedom Bank continues to grow client relationships and provide businesses and individuals with innovative, technology-driven solutions."
Beyond his professional achievements, Mr. Dokku actively contributes to his community. He serves as a Board Member of Ashbrook Commercial Office Condos and as a Director of the Sri Venkateswara Lotus Temple in Fairfax, Virginia.
About Freedom Bank
The Freedom Bank of Virginia is a next-generation community bank focused on empowering clients to achieve their dreams through innovative business, commercial, personal, and mortgage banking solutions. Through its deep banker expertise and entrepreneurial DNA, exceptional service, and easy-to-use technology, Freedom Bank is built to be its clients' primary relationship bank. Freedom Bank has locations in Chantilly, Fairfax, Manassas, Reston, Tysons, and Vienna, with corporate offices in Tysons, VA. To learn more, visit www.freedom.bank.
Contact:
Joseph J. Thomas
President & Chief Executive Officer
Phone: 703-667-4161
Email: [email protected]