New York, New York--(Newsfile Corp. - June 19, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities" The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.
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. 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. At the time 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.
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/302279
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities." The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.
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. 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. At the time 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.
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
Key Takeaways Futu added 225,000 funded accounts in Q1, lifting its total to 3.59 million, up 34.3% year over year.Futu needs about 575,000 more funded accounts this year, with Q2 growth expected to stay stable from Q1.Malaysia and Hong Kong led Q1 account additions, while Moomoo held over 55% of group-funded accounts. Futu Holdings’ (FUTU - Free Report) account story still has momentum, but 2026 will test how broad that momentum really is. In the first quarter, the company added 225,000 net new funded accounts, taking the total to 3.59 million. This was a 34.3% jump from a year earlier and kept management comfortable with its full-year goal of 800,000 additions.
The target now depends on steady delivery. After the first quarter, Futu needs about 575,000 more funded accounts across the rest of the year. On the earnings call, management said second-quarter net new funded accounts are expected to remain stable from the first quarter, which would keep the target within reach.
That push is being supported by a wider geographic mix. Malaysia and Hong Kong together contributed more than half of the first-quarter net new funded accounts. Singapore delivered double-digit sequential growth, while Japan saw stronger U.S. stock and options activity. Futu also said more than 55% of group-funded accounts were under Moomoo, its overseas brand.
Futu’s user base is growing alongside higher activity. Total users rose 14.9% to 30.2 million, brokerage accounts climbed 26.8% to 6.28 million, and client assets increased 47.2% to HK$1.22 trillion. Trading volume hit HK$4.15 trillion, with U.S. stocks at HK$3.00 trillion and Hong Kong stocks at HK$1.01 trillion.
Still, regulation remains a watch point. Futu booked a proposed RMB1.85 billion CSRC penalty, which pushed net income down 61.2% to HK$831 million (US$106.0 million). Management said mainland China-funded accounts represented about 13% of funded accounts, around 17% of client assets and roughly 20% of revenues. Still, S&P reaffirmed Futu’s BBB- rating with a stable outlook, and management said the issue should not derail its 800,000-account guidance.
How Are Interactive Brokers and Robinhood Growing?Interactive Brokers (IBKR - Free Report) kept adding clients at a fast clip. In May 2026, Interactive Brokers reported 4.995 million client accounts, up 32% year over year and 3% from April. For Interactive Brokers, that growth came with $937.3 billion in client equity and $100.9 billion in margin loans, signaling deeper client engagement overall.
Robinhood Markets (HOOD - Free Report) remains a large retail name by funded customers. HOOD reported 27.7 million funded customers at May-end, up 1.76 million year over year, with total platform assets of $377 billion. For Robinhood, $5.6 billion of May net deposits and stronger equity/options volumes show accounts are active.
FUTU's Price Performance, Valuation and EstimatesShares of Futu have declined 31% over the past three months against the industry’s growth of 8.7%.
Image Source: Zacks Investment Research
From a valuation standpoint, FUTU trades at a forward 12-month price-to-earnings of 9.85, below the industry and also lower than its one-year median of 16.15. This valuation disparity might not be as favorable as it seems. It carries a Value Score of C.
Image Source: Zacks Investment Research
Over the past 30 days, earnings estimates for both 2026 and 2027 have been revised downward, signaling a bearish outlook from analysts.
New York, New York--(Newsfile Corp. - June 22, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities" The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.
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. 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. At the time 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.
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/302435
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.
So What: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities." The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online rokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.
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. 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. At the time 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.
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
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Futu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On May 22, 2026, Reuters published an article entitled “China to crack down on ‘illegal’ cross-border securities.” The article reported that China “would punish brokers it accused of illegally moving money to foreign markets[.]” The article further reported that online brokers, including Futu, “would be penalised for soliciting business in China without an onshore licence[.]”
On this news, the price of Futu American Depositary Shares (“ADSs”) fell $34.10 per ADS, or 27.5%, to close at $89.76 per ADS on May 22, 2026.
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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Key Takeaways MU expects fiscal Q3 2026 revenues of $33.5B and gross margin near 81%.Seagate posted fiscal Q3 2026 revenues of $3.11B, up 44% year over year. STX expects fiscal Q4 2026 revenues of about $3.45B and EPS near $5.00. For quite some time, Micron Technology (MU - Free Report) and Seagate Technology Holdings plc (STX - Free Report) have been benefiting from the artificial intelligence (AI) boom, as rising data needs fuel demand for memory and storage solutions.
Both stocks have delivered exceptional returns of more than 600% over the past year. Let us thus see in detail why they still have further upside potential, and what makes them a compelling buy –
Micron Rides AI Wave With HBM Growth Micron is currently enjoying strong pricing power as its state-of-the-art high-bandwidth memory (“HBM”) chips are in high demand amid tight supply conditions. Demand for HBM chips has skyrocketed as hyperscalers continue to increase investments in AI infrastructure. These HBM chips can handle complex workloads efficiently while reducing power usage.
Micron now expects revenues to improve to $33.5 billion in the fiscal third quarter of 2026 from $23.86 billion in the fiscal second quarter of 2026 due to the high demand for HBM chips, according to investors.micron.com. The company’s expectations of a solid gross margin of about 81% for the fiscal third quarter of 2026 also reflect strong financial momentum and long-term growth outlook.
Supply constraints for Micron’s highly sought-after NAND flash chips are expected to continue through mid-next year, which could further strengthen margins. As a result, the company’s expected earnings growth rate for the current year is 626.5%. The Zacks Consensus Estimate of $60.23 for MU’s earnings per share (EPS) is up 392.9% year over year (read more: Micron vs. NVIDIA: One AI Stock Is a Clear Buy Right Now).
Image Source: Zacks Investment Research
Seagate’s Nearline Business Fuels Growth Seagate reported revenues of $3.11 billion in the fiscal third quarter of 2026, up 44% year over year, according to investors.seagate.com. Such revenue growth is exceptional for a hardware company, indicating strong demand for Seagate’s high-capacity storage products. Seagate’s nearline storage business, known for providing high-capacity data center drives, is the company’s key growth engine.
But revenue growth is not a one-time event. It is expected to continue in the next quarter as well. For the fiscal fourth quarter of 2026, Seagate expects revenues of $3.45 billion, plus or minus $100 million. Similarly, the company expects non-GAAP diluted EPS of $5, plus or minus $0.2, in the fiscal fourth quarter of 2026, up from $4.1 in the fiscal third quarter of 2026. The company’s solid non-GAAP gross margin of 47% in the fiscal third quarter of 2026 indicates that profitability is improving, the company is operationally efficient, and has pricing power.
Seagate’s free cash flow of $953 million in the fiscal third quarter of 2026 also indicates that the company now has sufficient funds to support future investments. As a result, the company’s expected earnings growth rate for the current year is 84.3%. The Zacks Consensus Estimate of $14.93 for STX’s EPS is up 51% year over year.
Image Source: Zacks Investment Research
Both Micron and Seagate currently have a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Stanley Druckenmiller sold his entire Alphabet (NASDAQ:GOOG | GOOG Price Prediction) stake in the first quarter of 2026 and rotated the proceeds into SanDisk (NASDAQ:SNDK), Seagate Technology (NASDAQ:STX), Micron Technology (NASDAQ:MU), Broadcom (NASDAQ:AVGO), and Arm Holdings (NASDAQ:ARM). The billionaire who built Duquesne by reading macro tea leaves, and who famously sidestepped the dot-com unwind in 2000, dumped the highest-multiple AI software franchise on the board and bought the unglamorous hardware sitting underneath it.
Memory, spinning disks, custom AI silicon, and the CPU instruction set every phone and increasingly every data center licenses. Whichever foundation model wins the AI war, all five of these companies get paid roughly the same.
What the trade actually is Druckenmiller exited a megacap with a software-services moat and rebuilt his AI exposure one floor down. The price action explains the rotation. SanDisk is up 4,800% over twelve months and 736% since the start of January alone. Micron is sitting on an 875% twelve-month gain. Seagate is up 705% on the year and Arm has gained 254% year to date. Broadcom, the laggard of the group, is still up 58% in twelve months, which in any other year would be stellar.
The thesis under the trade Every token an LLM generates needs DRAM to train it and NAND to serve it. Micron put hard numbers on that abstraction in fiscal Q2. Revenue hit $23.86 billion, up 196.3% year over year, while gross margin expanded to 74.4% from 36.8% a year earlier. Management guided the current quarter to $33.5 billion at an 81% gross margin and raised the dividend 30%. CEO Sanjay Mehrotra called memory “a strategic asset” in the AI era. That is unusual language for a man who has spent thirty years running a famously cyclical commodity business.
Seagate is the same trade in spinning-disk form. March-quarter revenue grew 44.1% to $3.11 billion, non-GAAP gross margin expanded to 47.0%, and free cash flow reached $953 million. CEO Dave Mosley said Seagate is entering “a new era of structural growth as AI applications amplify data creation.” Its Mozaic HAMR drives are qualified at five of the world’s largest cloud customers, with nearline production largely spoken for through mid-2026. Broadcom and Arm round out the trade on the compute side, supplying custom accelerator silicon and the CPU IP that every hyperscaler now licenses.
Whether retail should follow Buying SanDisk after a rip is a different trade than the one Druckenmiller made earlier this year. The underlying thesis remains intact. Hyperscaler capex is committed, memory pricing is tight through 2027, and HAMR storage is effectively sold out. The entry price now does the work the thesis used to do.
Composite sentiment on SanDisk reads 74.55, bullish with medium confidence, while Micron’s composite has slipped to 62.33 after a sharp May rally. For a retirement-focused investor, the cleanest expression of the picks-and-shovels idea is the slower compounder of the group, Broadcom, which still pays a dividend and has only just begun to move. The penthouse-to-foundation rotation is the right idea. Paying retail prices for the foundation at the all-time high is the harder question, and one Druckenmiller did not have to answer.
At $1,031.34, Seagate Technology (NASDAQ:STX | STX Price Prediction) looks fully valued, with a more attractive risk/reward profile only emerging on a macro-driven pullback toward $850.
Seagate Technology (NASDAQ:STX | STX Price Prediction) has delivered one of the market’s most remarkable runs of 2026, with the stock up 297.98% year to date as AI-driven storage demand rewrites the narrative around legacy hard drive makers. After a parabolic move from $274.90 on December 31, 2025 to $1,094.04 on June 22, 2026, the question is how much higher this can go.
Our 24/7 Wall St. price target for Seagate is $1,010.11 over the next 12 months, implying roughly 7.7% downside from current levels. Our recommendation is hold, with a 90% confidence level, reflecting high conviction in the model output even as fundamentals remain intact.
Metric Value Current Price $1,094.04 24/7 Wall St. Price Target $1,010.11 Upside/Downside -7.7% Recommendation HOLD Confidence Level 90% Why We Could Be Wrong Our 24/7 Wall St. price target sits below where Seagate trades today. STX is one of the most dynamic AI infrastructure stories in the market, and real upside could come from accelerated Mozaic 4 ramp through calendar 2026 or from HDD pricing power lasting deeper into 2028 than the model assumes. The bull case below explains why Seagate could keep rallying past our number.
From $131 to $1,094 in 12 Months Seagate has gained 746% over the past year and 34.61% in the past month alone.
The catalyst was Q3 FY26 earnings on April 28, 2026, where Seagate posted adjusted EPS of $4.10 versus $3.50 expected on revenue of $3.11 billion, up 44.07% year over year. Non-GAAP gross margin expanded to 47.0% from 36.2%, and free cash flow reached $953 million. Management guided Q4 to $3.45 billion in revenue and $5.00 EPS, fueling the move.
The Case for $1,200+ Bulls have real ammunition. Morgan Stanley raised its target to $1,035 from $767 citing HDD shortages through at least 2028. Mizuho raised its target to $1,090 from $875, JPMorgan to $920, and Wells Fargo to $900.
CEO Dave Mosley said Seagate has “exabyte-scale supply agreements in place with nearly all major cloud and hyperscale customers, with nearline capacity almost fully allocated through calendar 2027”, and management raised its annual revenue growth target to a minimum of 20% over the next few years. Our bull case scenario points to $1,217.94, an 11.32% return.
What Could Go Wrong The risk centers on valuation. STX trades at a P/E of 102 and roughly 88x forward earnings, well above the $898.09 analyst consensus target.
Insiders, including CFO Gianluca Romano and CEO Dave Mosley, sold shares in mid-June at $880.19, though bulls note these were pre-planned 10b5-1 transactions and Mosley still holds over 327,000 shares. Other risks include tariff exposure, Middle East conflict, and dilution from Exchangeable Senior Notes due 2028. Our bear case lands at $742.76, a 32.11% drawdown.
Seagate Price Prediction 2026-2030 A pullback to the $850 to $900 range would look more attractive on a risk/reward basis if HAMR qualification with remaining hyperscalers closes on schedule. The setup looks less compelling if Q4 results show softening in pricing or if exabyte shipments miss the mid-20% growth bar.
My 24/7 Wall St. price target of $1,010.11 and hold rating reflect high confidence that the easy money has been made, even though the structural AI thesis remains intact.
Here is where our model projects Seagate could trade, assuming current growth trajectories and pricing discipline hold.
Year 24/7 Wall St. Price Target 2026 $1,010 2027 $1,045 2028 $1,080 2029 $1,055 2030 $1,044 These projections assume Seagate executes the Mozaic roadmap and captures share of AI storage spend. Significant upside or downside could result from HAMR adoption pace, hyperscaler capex cycles, or competitive pressure from NAND on the storage tier.
Stanley Druckenmiller’s Duquesne Family Office disclosed positions in three AI-infrastructure semiconductor names, Broadcom (NASDAQ: AVGO | AVGO Price Prediction), Micron Technology (NASDAQ: MU), and Seagate Technology (NASDAQ: STX) in its 13F for the quarter ended March 31, 2026, filed May 15, 2026. Per the disclosure, Broadcom is the largest position of the three, Seagate is next, and Micron is the smallest. These are sized as thematic exposure rather than core, high-conviction positions.
The unifying thesis is straightforward: every layer of the AI build-out, custom silicon, memory, and high-capacity storage, has been compounding revenue and margins faster than the broader tech tape.
Broadcom: The Custom-Silicon Flywheel Broadcom posted Q2 FY2026 revenue of $22.19 billion, up 47.9% year over year, with AI semiconductor revenue of $10.80 billion, up 143%. CEO Hock Tan guided “semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion” in Q3.
Shares closed most recently at $380.15, against a Wall Street consensus target of $523.84. The bull case is based on hyperscaler ASIC wins plus the VMware annuity. For the bear case, a forward P/E of 36x already prices in the 200% AI growth figure, and the stock is down 8.2% over the past month.
Seagate: AI Storage With a Margin Story Seagate’s Q3 FY2026 revenue rose 44.1% to $3.11 billion, with non-GAAP EPS of $4.10 and gross margin expanding to 47.0% from 36.2%. CEO Dave Mosley framed it as “a new era of structural growth as AI applications amplify data creation,” with HAMR-based Mozaic drives now qualified at some of the world’s largest cloud customers.
The bull case here hinges on build-to-order visibility through mid-2026 and a nine-quarter margin streak. On the other hand, shares are up 277.1% year to date to $1,038.59, trading above the analyst target of $898.09, with a forward P/E of 44x.
Micron: The Data Point That Splits the Room Micron’s Q2 FY2026 revenue jumped 196.3% to $23.86 billion, with non-GAAP EPS of $12.20 and GAAP gross margin of 74.4%. Management guided Q3 revenue to $33.50 billion at roughly 81% gross margin and raised the dividend 30%.
The valuation debate is sharp here: shares closed at $1,051.77 after a 13.2% single-day decline, while the consensus target of $945.60 implies modest downside, though analyst ratings skew heavily positive. The forward P/E of 11 is the cheapest of the three, but memory remains cyclical.
The Verdict For a retirement-focused investor, the takeaway is that Druckenmiller’s filing validates the AI-infrastructure thesis at the thematic level, while entry price remains a separate question. Broadcom looks like the most defensible secular compounder, given the software annuity behind the silicon. Seagate offers the cleanest margin story but the thinnest valuation cushion after a 690% one-year run. Micron’s earnings power is enormous, yet the gap between fundamentals and analyst targets warrants patience.
Following smart money on the thesis is reasonable; entry price still requires its own discipline. Sizing these as thematic exposure, as Duquesne did, is the more faithful replication of the trade.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of SailPoint, Inc. ("SailPoint" or the "Company") (NASDAQ: SAIL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether SailPoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 9, 2026, SailPoint reported its financial results for the first quarter of its 2027 fiscal year. Although SailPoint reported adjusted EPS above consensus expectations and strong year-over-year revenue growth, management's outlook for future quarters was more cautious and warned that foreign-exchange headwinds would dampen annual recurring revenue growth.
On this news, SailPoint's stock price fell $2.03 per share, or 11.48%, to close at $15.66 per share on June 9, 2026.
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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SailPoint, Inc. (“SailPoint” or the “Company”) (NASDAQ: SAIL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether SailPoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 9, 2026, SailPoint reported its financial results for the first quarter of its 2027 fiscal year. Although SailPoint reported adjusted EPS above consensus expectations and strong year-over-year revenue growth, management’s outlook for future quarters was more cautious and warned that foreign-exchange headwinds would dampen annual recurring revenue growth.
On this news, SailPoint’s stock price fell $2.03 per share, or 11.48%, to close at $15.66 per share on June 9, 2026.
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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
SANTA CLARA, Calif., June 17, 2026 (GLOBE NEWSWIRE) -- Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, today announced its upcoming integration with Amazon Bedrock AgentCore. The upcoming integration reflects Netskope’s commitment to extending the security controls customers already trust into agentic workflows.
Amazon Bedrock AgentCore is the platform to build, connect, and optimize agents at scale. Through its policy engine, AgentCore enforces real-time, deterministic controls at the gateway across all agent traffic, including agent-to-tool, agent-to-LLM, and agent-to-agent communications.
With this upcoming integration,
Netskope One AI Guardrails gains the ability to provide complementary detection capabilities including prompt injection detection, sensitive data exposure protection, toxic output filtering, restricted topic enforcement, and model response validation that feed into the AgentCore policy. AgentCore acts on those signals at the gateway, outside the agent’s reasoning loop, so enterprise security teams can apply Netskope’s detection alongside deterministic, automated enforcement. Because detection can be probabilistic, but enforcement stays deterministic, customers gain consistent allow-or-deny decisions on every agent’s action.
“The newest software in your enterprise doesn’t wait for a human to click, and it demands a new security model. The agentic era requires the same security rigor for software agents that we’ve always applied to human users,” said John Martin, Chief Product Officer, Netskope. “Our collaboration with AWS to bring Netskope AI Guardrails into agent workflows managed by Amazon Bedrock AgentCore lets organizations move AI agents into production with the confidence that what an AI agent is allowed to do and what it actually does are actually the same thing.”
The upcoming integration with Amazon Bedrock AgentCore Guardrails will be Netskope’s latest advancement in securing AI workloads for AWS customers.
Netskope is consistently recognized as a trusted defender of critical, AI-ready enterprise infrastructure and continues to collaborate with leading frontier AI models on important work designed to secure and defend organizations at AI speed, including Anthropic’s Project Glasswing and OpenAI’s Trusted Access for Cyber (TAC) program.
Security and networking practitioners seeking to transition from AI experimentation to high-performance innovation without compromising security or compliance can learn more by registering for one of Netskope’s interactive sessions in its global roadshow series, AI in the Fast Lane.
About Netskope
Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, addresses the needs of both security and networking teams by providing optimized access and real-time, context-based security for the AI ecosystem inclusive of agents, applications, tools, LLMs, people, devices, and data. Thousands of customers, including more than 30 of the Fortune 100, trust the Netskope One platform, its Zero Trust Engine, and its powerful NewEdge network to reduce risk and gain full visibility and control over cloud, AI, SaaS, web, and private applications – providing security and accelerating performance without trade-offs. Learn more at netskope.com, Netskope.ai, on LinkedIn, and Instagram.
Forward-Looking Statements
This press release contains forward-looking statements regarding the availability and functional capabilities of the upcoming integration with Amazon Bedrock AgentCore. These forward-looking statements remain subject to change. The above describes the current vision and direction for the integration, however a significant number of factors could cause the availability and functionality to differ. The statements are not a commitment to deliver any integration or functionality, should not be relied upon in making purchasing decisions, and may not be incorporated into any contract. The development, release, and timing of the integration and functionality described for Netskope’s platform and services remains at the sole discretion of Netskope.
I get it. The new world order is supposed to have electric cars and busses eliminating our dependence on oil, solar and clean nuclear is supposed to dominate, and we are all going to have some sort of energy epiphany. The reality of the situation is that, we are not criminals for following the current protocol and the transition will inevitably take much longer than originally expected.
That brings us to today’s Bear of the Day, Zacks Rank #5 (Strong Sell) Blue Bird ((BLBD - Free Report) ). Blue Bird has been one of the market's more surprising winners over the past few years. The school bus manufacturer has capitalized on pricing power, replacement demand, and enthusiasm surrounding electric school buses. The company continues to post solid profits and recently raised its fiscal 2026 guidance after another strong quarter.
The problem is that a lot of that good news may already be priced in. Unit sales actually declined during the latest quarter, with revenue growth increasingly driven by pricing rather than underlying volume expansion. The company's electric bus business remains dependent on government incentives and school district funding cycles, which can be unpredictable. Meanwhile, investors are assigning a premium multiple to a company operating in what is ultimately a cyclical and relatively mature end market.
There are also execution risks ahead. Blue Bird recently acquired full ownership of its Micro Bird joint venture, a deal that broadens its product portfolio but also introduces integration risk and additional operational complexity. At the same time, management has acknowledged navigating tariffs and supply chain pressures, both of which could weigh on margins if costs prove more persistent than expected.
From my perspective, BLBD looks like a classic case of expectations getting ahead of reality. It's a good company with a strong niche, but investors appear to be pricing it as though every school district in America is about to embark on an unlimited replacement cycle and electric adoption story. If bus volumes soften, government funding cools, or margins come under pressure, this stock could quickly remind investors that even great rides eventually hit a speed bump.
Blue Bird is in the Automotive – Domestic industry which ranks in the Bottom 35% of our Zacks Industry Rank. There are other stocks within this industry that are in the good graces of our Zacks Rank. These include Zacks Rank #2 (Buy) stocks Federal Signal (FSS) and Xos (XOS).
In the latest close session, Blue Bird (BLBD - Free Report) was down 2.88% at $73.72. This change lagged the S&P 500's 1.44% loss on the day. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 2.22%.
Heading into today, shares of the school bus maker had gained 14.49% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 3.79% and the S&P 500's gain of 0.08%.
Analysts and investors alike will be keeping a close eye on the performance of Blue Bird in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $1.21, marking a 1.68% rise compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.67 per share and revenue of $0 million, indicating changes of +6.62% and 0%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Blue Bird should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Blue Bird is currently a Zacks Rank #4 (Sell).
Investors should also note Blue Bird's current valuation metrics, including its Forward P/E ratio of 16.25. This indicates a discount in contrast to its industry's Forward P/E of 20.13.
One should further note that BLBD currently holds a PEG ratio of 0.99. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Automotive - Domestic was holding an average PEG ratio of 0.99 at yesterday's closing price.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 104, this industry ranks in the top 43% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Astera Labs is rated a Strong Buy, driven by its emergence as the neutral connectivity layer in AI infrastructure, not just a retimer supplier. ALAB's Q1 2026 revenue surged 93% year-over-year to $308.4M, with 76.3% GAAP gross margin and robust Q2 guidance indicating accelerating growth. Scorpio X-series Fabric Switch positions ALAB at the heart of AI rack-scale architectures, enabling deeper integration and higher revenue per AI platform.
Astera Labs' (ALAB) products are critical for data transmission in AI data centers, with hyperscaler capex and AI server GPU density driving segment growth across Aries, Taurus, Scorpio, and Leo. Scorpio is set to become Astera Labs' largest product line by 2026, supported by a $6.5B Amazon warrant agreement and superior switch metrics versus peers. Key risks include intense competition in Taurus (AEC) from Credo and Marvell, potentially constraining segment growth despite strong overall market tailwinds.
Key Takeaways ALAB posted Q1 revenues of $308.4M, up 14% sequentially and 93% year over year. Astera Labs' PCIe Gen 6 revenues topped one-third of Q1 sales, driven by Aries adoption. ALAB expects Q2 revenues of $355M-$365M, implying 15% to 18% sequential growth. Astera Labs (ALAB - Free Report) is benefiting from robust demand for its Aries and Taurus product lines, which are central to the company’s strong performance in the AI infrastructure market. In the first quarter of 2026, Astera Labs reported revenues of $308.4 million, marking a 14% sequential increase and an impressive 93% year-over-year growth.
This surge was driven by broad-based adoption across the company’s signal conditioning and fabric switch portfolios, with Aries and Taurus playing pivotal roles in supporting both scale-up and scale-out connectivity for AI infrastructure and general-purpose compute platforms.
The Aries product line, focused on PCIe 6 signal conditioning, has seen strong early adoption, particularly as AI infrastructure spending accelerates. Aries solutions are now integral to both AI fabric and signal conditioning, with PCIe Gen 6 revenues contributing more than one-third of ALAB’s total revenues in the first quarter of 2026. The company has shipped millions of PCIe Gen 6 ports to date, demonstrating the maturity and robustness of its portfolio. Aries is set to expand into PCIe 7, positioning ALAB’s leadership in intelligent connectivity solutions for AI infrastructure.
Taurus, meanwhile, has delivered solid results through the broad adoption of its Active Electrical Cable technology, which extends connectivity reach in both AI and general compute environments. The Taurus portfolio is also poised for further expansion into 1.6T Ethernet, aligning with industry trends toward higher-speed networking.
Aster Labs is benefiting from strong demand for its Aries, Taurus, and Scorpio product families, all of which are expected to drive growth in the second quarter of 2026. For the same quarter, ALAB expects revenues between $355 million and $365 million, implying 15% to 18% sequential growth.
ALAB Faces Stiff CompetitionALAB is facing stiff competition from other industry players like Marvell Technology (MRVL - Free Report) and Credo Technology (CRDO - Free Report) . Both Marvell Technology and Credo Technology are making strong efforts in the connectivity space.
Marvell Technology’s expanding portfolio has been noteworthy. Marvell Technology recently introduced the Teralynx T100, a 102.4 Tbps AI-optimized switch silicon designed to enhance high-speed connectivity and networking efficiency in large-scale AI data centers through lower latency and reduced power consumption.
Credo Technology’s expanding portfolio has been noteworthy. In May 2026, Credo Technology completed its acquisition of DustPhotonics, adding industry-leading silicon photonics technology to strengthen its optical interconnect portfolio across 800G, 1.6T and 3.2T solutions. The acquisition enhances Credo Technology’s vertically integrated AI connectivity stack and is expected to be a significant growth driver in fiscal 2027, supported by increasing hyperscale AI adoption.
ALAB’s Share Price Performance, Valuation, and EstimatesALAB shares have surged 150.7% in the year-to-date period, outperforming the broader Zacks Computer & Technology sector’s increase of 20%. The Zacks Internet - Software industry has decreased 13.7% in the same time frame.
ALAB Stock’s Performance
Image Source: Zacks Investment Research
ALAB stock is trading at a premium, with a forward 12-month Price/Sales of 39.34X compared with the Internet - Software industry’s 3.61X. ALAB has a Value Score of F.
ALAB’s Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for 2026 earnings is pegged at 69 cents per share, which has been unchanged over the past 30 days. This suggests 56.82% year-over-year growth.
ALAB’s Zacks RankAstera Labs currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Astera Labs, Inc. (ALAB) 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.
June 23, 2026 16:01 ET | Source: Willis Lease Finance Corp.
COCONUT CREEK, Fla., June 23, 2026 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (the “Company” or “WLFC”), the leading lessor of commercial aircraft engines and a global provider of aviation services, announced today that its shareholders approved a three-for-one forward stock split of the Company’s common stock and a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. The split was also approved by the Company’s Board of Directors and will be effected through an amendment to the Company’s certificate of incorporation (the “Amendment”).
“We are pleased that the 3-to-1 stock split proposal has passed with overwhelming shareholder support, as we believe this action is in the best interests of the Company and our shareholders," said Charles F. Willis, Executive Chairman of WLFC. "Including the stock split, all five proposals on our 2026 proxy were passed by shareholders. Over the past several years, we have built meaningful momentum across the business, further positioning the Company to capitalize on growth opportunities and create value for shareholders.”
Each shareholder of record as of the close of trading on July 6, 2026 (the “Record Date”) will receive, upon effectiveness of the Amendment, two additional shares for every one share held on the record date. Subject to final approval by Nasdaq, trading is expected to begin on a split-adjusted basis at market open on July 20, 2026.
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools, and asset management services through Willis Mitsui & Co. Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company’s expectations or any change in events, conditions, or circumstances on which the forward-looking statement is based, except as required by law.
The Company’s actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and the Company’s ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; the Company’s ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to the Company and its customers; the Company’s ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in the Company’s portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.
CONTACT:Scott B. Flaherty Executive Vice President & Chief Financial Officer (561) 413-0112
Starwood Property Trust is upgraded to "Strong Buy" due to its deep discount, 11.3% yield, and improving fundamentals. STWD's diversified $31.7 billion portfolio, strong liquidity, and improved risk ratings support its resilience and capital deployment into higher-spread opportunities. Q1 distributable EPS of $0.47 was impacted by temporary factors, with dividend coverage expected to improve as the net lease platform scales.
Starwood Property Trust (STWD) offers an 11.5% yield and trades below book value, creating a compelling income opportunity. STWD's diversified portfolio, limited office exposure, and recent net lease acquisition support distributable earnings and risk mitigation. Dividend coverage concerns are mitigated by management's clear path to improved earnings, asset resolutions, and capital deployment ramp.
LONDON, Ontario, June 24, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (TSX: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced that, further to its previous news releases dated June 10, 2026 and June 15, 2026, it has completed a non-brokered private placement for gross proceeds of C$9,155,940.80 (US$6,564,810.21) from the sale of 431,884 common shares (the “LIFE Shares”) at a price of C$21.20 (US$15.20) per LIFE Share (the “LIFE Offering”) under the LIFE Exemption (as defined herein).
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the LIFE Offering was made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 and Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption of the Canadian Securities Administrators (the “LIFE Exemption”). The securities offered under the LIFE Offering pursuant to the LIFE Exemption are not subject to resale restrictions in accordance with applicable Canadian securities laws.
The Company’s amended and restated offering document dated June 15, 2026 (the “Offering Document”) relating to the LIFE Offering is available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.adurocleantech.com.
The Company intends to use the net proceeds of the LIFE Offering in the manner described in the Offering Document, including for technology development, commercialization activities, working capital and general corporate purposes.
In connection with the LIFE Offering, the Company paid aggregate cash finder's fees of C$539,994.53 to eligible finders in accordance with applicable securities laws and Toronto Stock Exchange requirements. Certain insiders of the Company participated in the LIFE Offering. The participation by insiders constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 - Protection of Minority Shareholders in Special Transactions (“MI 61-101”). The Company has relied on applicable exemptions from the formal valuation and minority approval requirements in Sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101. The Company did not file a material change report with respect to the insider participation more than 21 days before the expected closing of the LIFE Offering, as the details and amounts of the insider participation were not finalized until shortly prior to closing and the Company wished to close the transaction as soon as practicable for sound business reasons.
The Toronto Stock Exchange has conditionally approved the LIFE Offering. Final approval remains subject to customary post-closing requirements. The Company has relied on the exemption set forth in Section 602.1 of the TSX Company Manual in connection with the LIFE Offering.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
All foreign exchange calculations set forth in this press release is based on the exchange rate posted by the Bank of Canada on June 9, 2026 of US$1 = C$1.3947.
About Aduro Clean Technologies
Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic™ technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.
For further information, please contact:
Abe Dyck, Head of Corporate Development / Investor Relations [email protected]
+1 226 784 8889
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable United States securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Forward-looking statements in this news release include, without limitation, statements relating to the intended use of proceeds from the LIFE Offering, the receipt of final approval of the Toronto Stock Exchange and the Company's business plans, commercialization activities, technology development initiatives and strategic objectives. Forward-looking statements are based on management's current expectations, estimates, assumptions and beliefs, including assumptions regarding the Company's ability to deploy the proceeds of the LIFE Offering as anticipated, the receipt of all required regulatory approvals and the continued advancement of the Company's business and technology programs. When used in this news release, words such as "expect," "intend," "anticipate," "believe," "may," "will," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements, including risks relating to market conditions, the Company's ability to execute its business plans, the development and commercialization of its technologies, regulatory approvals and other risks described under the heading "Risk Factors" in the Company's continuous disclosure documents filed under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at https://www.sec.gov. Forward-looking statements are made as of the date of this news release and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4fb77643-c04b-4bfc-af2c-ad5d1034d39d
June 22, 2026 16:05 ET | Source: Centessa Pharmaceuticals plc
BOSTON and LONDON, June 22, 2026 (GLOBE NEWSWIRE) -- Centessa Pharmaceuticals plc (Nasdaq: CNTA), a clinical-stage company developing a new class of medicines for the treatment of excessive daytime sleepiness and other neurological conditions, which entered into a definitive agreement on March 31, 2026 relating to its proposed acquisition by Eli Lilly and Company (“Lilly”), through a wholly owned subsidiary, today announced that the High Court of Justice of England and Wales has approved the proposal for Lilly to acquire Centessa for $38.00 in cash per share plus one non-transferable contingent value right (“CVR”) that entitles the holder to receive up to an aggregate of $9.00 subject to the achievement of three milestones, for a total transaction value of approximately $7.8 billion (the “Transaction”).
The Transaction is being implemented by way of a Court-sanctioned scheme of arrangement under English law (the “Scheme”).
Centessa is pleased to announce that the Court has today issued the Court Order sanctioning the Scheme.
Closing of the Transaction will occur and the Scheme will become effective upon the Court Order being delivered to the Registrar of Companies, which is expected to occur on June 24, 2026. The last day of trading of Centessa American Depositary Shares (“ADSs”) on Nasdaq is expected to be tomorrow, June 23, 2026, with trading in Centessa ADSs on Nasdaq being halted before the opening of trading on June 24, 2026.
Unless otherwise defined, terms used in this press release have the same meanings as set out in the definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the “SEC”) by Centessa on May 7, 2026.
About Centessa Pharmaceuticals
Centessa Pharmaceuticals plc is a clinical-stage pharmaceutical company with a mission to discover, develop and ultimately deliver medicines that are transformational for patients. We are pioneering a new class of potential therapies within our orexin receptor 2 (OX2R) agonist program for the treatment of excessive daytime sleepiness, impaired attention, cognitive deficits and fatigue across neurological, neurodegenerative and neuropsychiatric disorders.
UK Takeover Code Does Not Apply
Centessa is not a company subject to regulation under the United Kingdom City Code on Takeovers and Mergers (the "UK Takeover Code"), therefore no dealing disclosures are required to be made under Rule 8 of the UK Takeover Code by shareholders of Centessa or Lilly.
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended, including with respect to the Transaction. Such forward-looking statements include, but are not limited to, statements regarding: the Transaction; potential contingent consideration amounts; the parties' ability to satisfy the conditions to the consummation of the Transaction, including in connection with the expected timetable for the Transaction; and the anticipated occurrence, manner and timing of the closing of the Transaction. All statements other than statements of historical facts are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements are based on current beliefs and expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in, or implied by, such forward-looking statements.
These risks and uncertainties include, but are not limited to: a condition to closing of the Transaction may not be satisfied (or waived); the ability of each party to consummate the Transaction; the closing of the Transaction might be delayed or not occur at all; the diversion of management time and attention from ongoing business operations and opportunities; the response of competitors to the Transaction; the effect of the Transaction on Centessa's operations and its relationships with its suppliers, business partners, management and employees, including its ability to attract and retain key personnel; the outcome of any legal proceedings that could be instituted against the parties to the Transaction; the risks inherent in drug research, development and commercialization; disruption in Centessa's plans and operations attributable to the Transaction; changes in Centessa's business during the period between announcement and closing of the Transaction; the effects of the Transaction on Centessa's share price; the risks related to non-achievement of any milestone and that holders of the CVRs will not receive any payments in respect of the CVRs; relationships with key third parties or governmental entities; regulatory changes and developments; and the impact of global macroeconomic conditions, including trade and other global disputes and interruptions, including related to tariffs, trade protection measures, and similar restrictions. For further discussion of these and other risks and uncertainties, see the “Risk Factors” section of Centessa’s Quarterly Report on Form 10-Q filed with the SEC on May 5, 2026, as well as discussions of potential risks, uncertainties and other important factors, in Centessa’s most recent filings with the SEC and in other filings that Centessa makes with the SEC in the future. There can be no assurance that the Transaction will be consummated in the anticipated timeframe or at all, that any event, change or other circumstance that could give rise to the termination of the definitive agreement for the Transaction will not occur, or that any product candidates will be approved on anticipated timelines or at all. All forward-looking statements in this press release are based on information available to Centessa as of the date of this press release. Centessa expressly disclaims any obligation to publicly update or revise the forward-looking statements, except as required by law.
Contact:
Kristen Sheppard, Esq.
Senior Vice President, Investor Relations & Corporate Communications [email protected]
www.centessa.com
Follow Centessa Pharmaceuticals on LinkedIn
Upgrading key logistics corridor to improve efficiency and strengthen Egypt’s trade flows 18 June 2026 – Alstom, leading a consortium with Rowad Modern Engineering and Concrete Plus, has signed four landmark contracts with Egyptian National Railways (ENR) to modernise Egypt’s strategic railway corridors, covering the 6th of October–Alexandria corridor and Belbes–10th of Ramadan (B10) line.
The combined value of the contracts is approximately €690 million, with Alstom’s share representing around €300 million1. As four of Egypt’s most significant rail modernisation projects, the contracts support Egypt Vision 2030 by strengthening national logistics and improving connectivity between new dry ports, industrial zones, and major seaports.
The 6th of October–Alexandria corridor, valued at €550 million, of which Alstom’s share amounts to approximately €240 million, will be delivered across three major implementation lots. It will modernise the corridor with next-generation digital railway systems, upgraded telecommunications, reinforced power supply, and comprehensive civil and track rehabilitation. These enhancements will improve safety, increase capacity, enhance operational reliability, and reduce full route travel time by nearly 80 minutes.
The Belbes–10th of Ramadan (B10) project, valued at approximately €140 million, of which Alstom’s share amounts to approximately €60 million, will introduce the same advanced railway technologies and modernisation scope. It will enhance connectivity to one of Egypt’s largest industrial hubs, strengthening freight efficiency and supporting industrial growth across the eastern logistics corridor.
By transforming freight operations between the 6th of October Dry Port and the Alexandria Seaport and enhancing rail connectivity to the 10th of Ramadan industrial zone, the projects will strengthen links between Egypt’s major logistics hubs and maritime gateways.
They will help ease supply chain bottlenecks, support sustainable freight transport, and boost national and regional trade flows.
“The Africa, Middle East and Central Asia region has never been more committed to building smarter, more resilient rail networks, and Alstom is at the center of that transformation. These contracts demonstrate our capacity to deliver large-scale, complex signalling programmes, and our determination to be a long-term partner for its most critical mobility infrastructure”, said Martin Vaujour, President, Africa, Middle East and Central Asia (AMECA) at Alstom.
As consortium leader, Alstom will be responsible for the end-to-end engineering, design, supply, testing, and commissioning of the new digital railway systems across both corridors. This includes ETCS Level 1 signalling, modern telecommunications, reinforced power infrastructure, and state-of-the-art operations control capabilities, enabling real-time, coordinated management across the network.
“These projects are redefining the future of rail in Egypt,” said Ramy Salah, Managing Director of Alstom Egypt. “Our partnership with Egyptian National Railways, driven by world class expertise and Egyptian talents, is creating vital transport corridors that drive economic growth, connect key industrial and logistics centres, and unlock new opportunities for future generations.”
In parallel, Rowad Modern Engineering and Concrete Plus will deliver the technical buildings, MEP works, and the full suite of civil and track upgrades to secure resilient, future-ready rail infrastructure. The projects also strongly support national industry development, achieving around 50% local content through Egyptian engineering talent and local sourcing.
Alstom in Egypt
Alstom has been present in the country for more than 40 years, supporting the development and modernisation of rail infrastructure through landmark transport projects. Today, Alstom employs around 800 people locally and has established strong operational and engineering capabilities, including recognised centers of excellence in signalling, power supply, and depot equipment. These capabilities support complex rail programmes nationally and across the AMECA region, reflecting a deeply embedded, long term commitment and a solid industrial and technological footprint in the rail sector.
ALSTOM™ is a protected trademark of the Alstom Group.
About AlstomAlstom is the pure rail leader, committed to making rail the backbone of sustainable transportation. We design and deliver a complete range of future-ready solutions – from high-speed and regional trains to metros, monorails, trams, turnkey systems, end-to-end services, infrastructure, signalling and digital rail solutions. With 87,800 people in 61 countries, Alstom brings together global expertise and multi-local presence to make every journey smarter, cleaner and more enjoyable. Together with our partners and customers, we realise the power of rail. Listed in France, Alstom generated revenues of €19.2 billion for the fiscal year ending 31 March 2026. For more information, please visit
, /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it is planning to commence, subject to market and other conditions, a private offering (the "Notes Offering") of US$750 million in aggregate principal amount of senior notes due 2031 (the "Notes"). The Notes will be issued by a U.S. wholly owned subsidiary of GFL and will be guaranteed by GFL and certain of its other subsidiaries.
GFL intends to use the proceeds from the Notes Offering to repay amounts drawn on its revolving credit facility and to fund fees and expenses, with a view to maximizing its available liquidity to fund a portion of the cash consideration, transaction costs and expenses for the previously announced acquisition of SECURE Waste Infrastructure Corp. and to pursue other growth initiatives. The Notes Offering is expected to lower the Company's average effective borrowing rate and to be leverage neutral, consistent with the Company's commitment to maintain leverage in the mid 3.0x range.
The Notes being offered in the Notes Offering have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Notes are being offered only to qualified institutional buyers under Rule 144A and outside the United States in compliance with Regulation S under the Securities Act. In Canada, the Notes are to be offered and sold on a private placement basis in certain provinces of Canada.
This release shall not constitute an offer to sell or a solicitation of an offer to buy any security, nor shall there be any offer, solicitation or sale of any security in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful.
About GFL
GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.
Forward-Looking Information
This release includes certain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking information"), within the meaning of applicable U.S. and Canadian securities laws, respectively. Forward-looking information includes all statements that do not relate solely to historical or current facts and may relate to our future outlook, financial guidance and anticipated events or results and may include statements regarding our financial performance, financial condition or results, business strategy, growth strategies, budgets, operations and services. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "budget", "scheduled", "estimates", "outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates", "does not anticipate", "believes", or "potential" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved", although not all forward-looking information includes those words or phrases. In addition, any statements that refer to expectations, intentions, projections, guidance, potential or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts nor assurances of future performance but instead represent management's expectations, estimates and projections regarding future events or circumstances.
Forward-looking information is based on our opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such information is stated, is subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Important factors that could materially affect our forward-looking information can be found in the "Risk Factors" section of GFL's annual information form for the year ended December 31, 2025 and GFL's other periodic filings with the U.S. Securities and Exchange Commission and the securities commissions or similar regulatory authorities in Canada. Shareholders, potential investors and other readers are urged to consider these risks carefully in evaluating our forward-looking information and are cautioned not to place undue reliance on such information. There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors not currently known to us or that we currently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The forward-looking information contained in this release represents our expectations as of the date of this release (or as the date it is otherwise stated to be made), and is subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable U.S. or Canadian securities laws.
For more information:
Patrick Dovigi
+1 905-326-0101
[email protected]
, /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced the pricing of US$750 million in aggregate principal amount of senior notes due 2031 (the "Notes"), with a stated coupon of 5.625% or approximately 4.500% after giving effect to cross currency interest rate swaps the Company intends to enter into (the "Notes Offering"). The Notes will be issued by a U.S. wholly owned subsidiary of GFL and will be guaranteed by GFL and certain of its other subsidiaries.
GFL intends to use the proceeds from the Notes Offering to repay amounts drawn on its revolving credit facility and to fund fees and expenses, with a view to maximizing its available liquidity to fund a portion of the cash consideration, transaction costs and expenses for the previously announced acquisition of SECURE Waste Infrastructure Corp. and to pursue other growth initiatives. The Notes Offering is expected to lower the Company's average effective borrowing rate and to be leverage neutral, consistent with the Company's commitment to maintain leverage in the mid 3.0x range.
The Notes being offered in the Notes Offering have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Notes are being offered only to qualified institutional buyers under Rule 144A and outside the United States in compliance with Regulation S under the Securities Act. In Canada, the Notes are to be offered and sold on a private placement basis in certain provinces of Canada.
This release shall not constitute an offer to sell or a solicitation of an offer to buy any security, nor shall there be any offer, solicitation or sale of any security in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful.
About GFL
GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.
Forward-Looking Information
This release includes certain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking information"), within the meaning of applicable U.S. and Canadian securities laws, respectively. Forward-looking information includes all statements that do not relate solely to historical or current facts and may relate to our future outlook, financial guidance and anticipated events or results and may include statements regarding our financial performance, financial condition or results, business strategy, growth strategies, budgets, operations and services. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "budget", "scheduled", "estimates", "outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates", "does not anticipate", "believes", or "potential" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved", although not all forward-looking information includes those words or phrases. In addition, any statements that refer to expectations, intentions, projections, guidance, potential or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts nor assurances of future performance but instead represent management's expectations, estimates and projections regarding future events or circumstances.
Forward-looking information is based on our opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such information is stated, is subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Important factors that could materially affect our forward-looking information can be found in the "Risk Factors" section of GFL's annual information form for the year ended December 31, 2025 and GFL's other periodic filings with the U.S. Securities and Exchange Commission and the securities commissions or similar regulatory authorities in Canada. Shareholders, potential investors and other readers are urged to consider these risks carefully in evaluating our forward-looking information and are cautioned not to place undue reliance on such information. There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors not currently known to us or that we currently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The forward-looking information contained in this release represents our expectations as of the date of this release (or as the date it is otherwise stated to be made), and is subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable U.S. or Canadian securities laws.
For more information:
Patrick Dovigi
+1 905-326-0101
[email protected]
On June 23, 2026, Oscar Health Inc OSCR shares rose 4.9% to a current price of $29.93, reflecting a strong performance in the market. The stock has experienced a significant 52-week range, with a high of $30.09 and a low of $10.69.
GF Value™ verdict: Current price is $29.93, and GF Value™ is $21.02, indicating the stock is 42.4% overvalued.GF Score™ of 79/100 suggests that the stock is rated as Above Average in terms of overall quality and performance potential.Notable signal: Insider activity indicates a bullish sentiment, with insiders buying $11.9M and selling $7.0M in the last 3 months. Is OSCR Overvalued or Undervalued? Oscar Health Inc OSCR is currently assessed as overvalued according to the GF Value™, which estimates the fair value at $21.02. This indicates a significant margin of safety that is not present at the current price of $29.93, which is 42.4% above the calculated intrinsic value. The GF Valuation label of "Significantly Overvalued" further emphasizes the risk associated with the stock's current valuation. Investors should be cautious, as buying at overvalued levels may lead to potential losses should the market correct itself or the company fails to meet growth expectations.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. This analysis serves as a reminder that while the stock has shown strong momentum and growth, the current price does not reflect an attractive entry point for long-term investors.
How Does OSCR's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 32.2x 49.8x Oscar Health's current forward P/E ratio of 32.2x is considerably lower than its 5-year median P/E of 49.8x, suggesting a potential undervaluation relative to its historical performance. This P/E analysis aligns with the GF Value™ verdict, indicating that while the stock is currently overvalued based on GF Value™, it is trading below its historical valuation metrics.
What Does OSCR's GF Score™ Tell Us? Metric Rating GF Score™ 79/100 Financial Strength 6/10 Profitability 3/10 Growth 10/10 Valuation 5/10 Momentum 8/10 The GF Score™ of 79/100 positions Oscar Health in a favorable light, particularly highlighting its growth rank of 10/10, which indicates robust future growth potential. However, the profitability rank of 3/10 suggests that the company may face challenges in generating earnings relative to its peers. The balance between strong growth and average profitability could create volatility in stock performance.
What Are Insiders Doing with OSCR Stock? Recent insider activity for Oscar Health has shown a positive trend, with insiders buying a total of $11.9 million worth of shares while selling $7.0 million in the last three months. This net buying signals confidence from those within the company about its future prospects. Such insider actions can often be indicative of management's belief in the company's growth trajectory and can serve as a bullish signal for market participants.
What This Means for Investors In conclusion, Oscar Health Inc OSCR is currently assessed as overvalued based on its GF Value™ of $21.02 compared to its market price of $29.93. While the stock has demonstrated strong momentum and growth performance, potential investors should be wary of the significant overvaluation and consider the associated risks before making any investment decisions.
For the complete analysis, visit the Oscar Health Inc OSCR 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 OSCR's GF Score™?
OSCR has a GF Score™ of 79/100, indicating that it is rated as Above Average in terms of overall quality and potential performance, suggesting a favorable outlook compared to many peers.
Is OSCR overvalued or undervalued?
Based on the GF Value™, OSCR is currently overvalued, with a market price of $29.93 compared to a fair value estimate of $21.02, reflecting a significant overvaluation risk.
What is OSCR's P/E ratio?
The forward P/E ratio for OSCR is currently 32.2x, which is below its historical 5-year median P/E of 49.8x, indicating that while it is trading below historical averages, the stock is still considered overvalued based on GF Value™.
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].
Most nuclear timelines slip. James Walker, CEO of Nano Nuclear Energy (NASDAQ:NNE), says his will not. He expects construction permission in 2027 and a fully licensed, net-power-producing commercial reactor by 2030. That is an audacious promise from a pre-revenue startup, and the market is still figuring out what to do with it.
I’ve been tracking NNE for about eight months now, and what stands out is how rare it is to see a pre-revenue nuclear name commit to a hard date in public — most peers hedge every milestone.
What Walker Actually Said Walker laid out a sequence of milestones. Nano Nuclear is one of only five commercial companies to have submitted a construction permit application to the U.S. Nuclear Regulatory Commission, distinct from the roughly dozen companies participating in the Department of Energy’s reactor pilot program. Geotechnical drilling on the site has been completed and submitted. The NRC piece already has a paper trail: the agency formally accepted the construction permit application for the KRONOS microreactor on May 29, 2026, kicking off a multi-year safety and environmental review, with initial construction expected at the University of Illinois Urbana-Champaign site in mid-to-late 2027.
Walker also took a swing at competitor Antares. He called its criticality demonstration meaningful but fundamentally different, saying that "to take a reactor critical at a zero-power reactor" is a different exercise than running "a full-scale, fully operational, net-power-producing reactor system that’s commercially licensed." Translation: zero-power criticality is a lab benchmark; a commercially licensed plant selling electrons is a different beast.
The AI Power Argument Walker’s pitch leans hard on hyperscaler demand. Microsoft, Meta, Amazon, and AWS are chasing nuclear because upgrading grid infrastructure to meet AI demand would require roughly $5 trillion. For hyperscalers that want off-grid, zero-downtime, clean baseload, Walker said nuclear is the only viable option, citing that "the highest capacity factor of all energies is nuclear" and that data centers can tolerate "minutes, maybe less" of annual downtime.
The math lines up with federal projections. The EIA’s High Electricity Demand case shows data center server electricity use growing more than 16 times the 2020 level by 2050, reaching 818 billion kilowatthours. Bloomberg energy reporter Will Wade noted that many hyperscalers are hedging by placing bets across multiple energy technologies, needing only one to pay off. That hedging behavior is exactly the demand backdrop NNE is selling into.
What the Market Is Pricing NNE trades at $25.17 as of June 15, 2026, with a market cap around $1.2 billion and a beta of 5.04. The shares are down about 28% over the past year and down 14% over the past month, even as the broader nuclear narrative has gotten louder. Analyst consensus sits at a $46.67 target with three buys and one hold.
Fundamentals look like a story stock. Revenue TTM is $0, EBITDA is negative $44.97 million, and diluted EPS is -$0.68. The recent Secured Transportation Services acquisition, valued at up to $13 million, adds $7.1 million in 2025 revenue and $1.3 million in net income, plus access to more than 90% of active NRC-approved spent fuel routes. NNE also signed an MOU with Super Micro Computer on June 13, 2026, to develop joint go-to-market strategies pairing microreactors with AI server infrastructure.
The Insider Tell Believers should reconcile the bullish narrative with what executives are actually doing. Under pre-arranged 10b5-1 plans, CEO James Walker sold roughly $3.28 million in shares, President and Chairman Yu Jiang sold about $19.9 million, and CFO Jaisun Garcha sold roughly $985,617. These were pre-planned sales tied to RSU vesting. They are a data point worth weighing against a 2030 promise.
Bringing It Back Walker’s 2030 claim only works if the NRC moves on schedule, the Illinois site breaks ground in 2027, and a hyperscaler signs an actual offtake. If you believe AI compute needs clean baseload more than anything else, NNE is one of the few public names with a permit application already accepted. If you think nuclear timelines always slip, the 346% five-year gain already prices in a lot of patience. The promise is on the table. The receipts are due in 2030.
After dipping 4.5% and ending yesterday's trading session below Monday's close, shares of Nano Nuclear Energy (NNE 4.27%) are powering higher today. With a firm initiating coverage and sharing a bullish outlook on the advanced nuclear reactor stock, investors are racing to click the buy button today.
As of 1:01 p.m. ET, shares of Nano Nuclear are up 11.9%.
Image source: Getty Images.
One firm believes this fast-moving company is in a great position Initiating coverage with a buy rating, Craig Irwin, a Roth Capital analyst, set a $45 price target on Nano Nuclear stock. According to Thefly.com, Irwin based his outlook on the belief that Nano Nuclear is making "rapid progress" toward commencing commercial operations of its small modular reactor, Kronos.
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In addition, Irwin recognizes Nano Nuclear as one of only a few companies that have submitted construction permit applications for small modular reactors to the U.S. Nuclear Regulatory Commission.
Based on its closing price of $24.01 yesterday, Irwin's price target implies an upside of more than 87% for Nano Nuclear.
Should investors proceed to power their portfolios with Nano Nuclear stock? Sure, the prospect of owning a stock that has room to run 87% higher is enticing, but investors need to take the $45 price target with a sizable dash of salt. While Nano Nuclear deserves credit for submitting a construction permit for its Kronos reactor, there's no certainty it will succeed in commencing commercial operations -- let alone recognizing a profit from them if it does.
At this point, Nano Nuclear stock still carries significant risks, so only investors comfortable with speculative investments should consider positions. For those seeking a more conservative approach to nuclear industry exposure, a nuclear energy exchange-traded fund may be a more palatable option.
Scott Levine 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.
A Wall Street plate is seen on a street vendor stall outside the New York Stock Exchange in New York City, U.S., July 11, 2025. REUTERS/Jeenah Moon/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesQuarterly revenue increases to $593,802Company plans NYSE listing as 'STDN'Earlier funding round raised $140 millionJune 18 (Reuters) - Nuclear fuel company Standard Nuclear reported an increase in quarterly revenue as it filed for an initial public offering in the United States on Thursday, joining a host of startups looking to tap the public markets.
Activity in the U.S. IPO market has seen a rebound in recent months, with several sectors joining in on the investor enthusiasm surrounding fresh stocks currently prevailing.
The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
President Donald Trump signed executive orders in May 2025, aimed at jumpstarting the U.S. nuclear energy industry by easing the regulatory process on approvals for new reactors and strengthening fuel supply chains.
Nuclear reactor developer X-Energy(XE.O), opens new tab debuted in New York in April after raising $1.02 billion in its IPO while Deep Fission went public earlier in the day.
Standard Nuclear produces advanced nuclear fuel and radioisotope power systems, with a focus on scaling up domestic manufacturing capacity to bolster U.S. energy security.
It is the only independent producer in the United States of TRISO fuel — a high-performance material used in next-generation nuclear reactors — according to the IPO filing.
The company supplies reactor-agnostic fuel solutions for both terrestrial and space applications, serving aerospace and defense customers.
Standard Nuclear announced earlier this year that it had raised $140 million in an early-stage funding round led by Decisive Point. Its other backers include Chevron Technology Ventures and Andreessen Horowitz.
The company reported revenue of $593,802 in the three months ended March 31, compared with $377,926 a year earlier.
The terms of the offering were not disclosed in the filing. It said the proceeds from the IPO would go towards general corporate purposes and to acquire or invest in complementary businesses.
The company intends to list its shares on the New York Stock Exchange under the ticker symbol "STDN". BofA Securities, Goldman Sachs, Barclays and UBS Investment Bank are among the underwriters for the offering.
Reporting by Pritam Biswas in Bengaluru; Editing by Joyjeet Das
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Nano Nuclear Energy (NNE 4.27%) is having a big moment.
Shares of the nuclear energy stock, while up about 2% on the year, have charged about 15% higher over the last month. A large part of that momentum came from a very bullish $45 price target from an analyst at Roth Capital -- a price that implied a gain of about 87% from its then-current $24.
A stock that has that kind of expected upside can generate a lot of enthusiasm in a short amount of time. But for prudent investors with long-term intentions, it pays to examine the company underneath the aggressive projections.
Image source: Getty Images.
The small reactor company that everyone is talking about As the name suggests, Nano Nuclear Energy is an advanced nuclear company aiming to bring microreactors to the market.
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Founded in the early 2020s, Nano's ambitions, however, extend beyond designing and building reactors: It wants to participate in the nuclear supply chain, from fuel fabrication to fuel transportation to deploying reactors. That vertical integration could, one day, dig a deep moat: Customers might prefer a company that will not only build a reactor, but also supply the fuel to go with it.
Nano has several microreactor designs, each named after a god or titan of antiquity. There's Kronos MMR, a small stationary reactor; Zeus, a portable microreactor designed to fit in a shipping container; and Loki MMR, which Nano has discussed as being potentially deployable for space.
Of these three, Kronos is the furthest along in terms of research and development. Indeed, this gas-cooled reactor cleared an important regulatory hurdle when the Nuclear Regulatory Commission (NRC) formally accepted its construction permit application in April. Construction of a prototype of Kronos, which is slated for the University of Illinois Urbana-Champaign, could begin in mid to late 2027.
The story of Nano stock right now, like other advanced nuclear energy companies, is inseparable from artificial intelligence (AI). The most bullish speculators are envisioning a future in which nuclear power can be a source of clean, round-the-clock electricity to data centers, which can't afford the risks of downtime, power outages, or grid failures.
It's a powerful narrative, but it's a story that hasn't materialized outside the imagination. Several nuclear stocks, including Oklo (OKLO 6.01%) and NuScale Power (SMR 6.63%), have also seen brief periods of explosive growth with that same story billowing their sails. None of these three small reactor developers was beating S&P 500 (^GSPC +0.34%) in the first half of 2026, and only one (NuScale) has an NRC-approved reactor design.
Data by YCharts
The only way Nano can begin succeeding is by bringing a safe, certified microreactor to the market. In that regard, the company has taken big steps, but it could be a few years away from powering up its first reactor. If it does succeed, a sizable investment in Nano today could reinforce a portfolio of winning stocks, setting you up for a good future. That's a big "if," however, and the risks of Nano failing are just as likely right now as its successes.
Nuclear power is enjoying a resurgence, and one company to watch is Nano Nuclear Energy (NNE 4.27%). The company's Construction Permit Application was recently accepted by the Nuclear Regulatory Commission, a big step forward for Nano Nuclear, which is looking to build its first microreactor prototype at the University of Illinois Urbana-Champaign.
Excitement is building around advanced microreactors, but investors should take a measured approach when investing in the start-up nuclear energy stock. Here's why.
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Nano Nuclear is one step closer to building an advanced microreactor prototype Earlier this month, Nano Nuclear achieved a milestone when the U.S. Nuclear Regulatory Commission (NRC) formally accepted its Construction Permit Application (CPA) for its proprietary KRONOS micro modular reactor (MMR). By accepting the CPA, the NRC indicates that the filing contains sufficient data to proceed with more detailed evaluations.
Nano Nuclear's KRONOS MMR is a factory-fabricated, transportable high-temperature gas-cooled microreactor. This microreactor is promising for data centers or industrial operators looking to leverage nuclear energy independently of the power grid. With the NRC's acceptance of its CPA, KRONOS becomes the first commercial advanced microreactor to reach this stage.
Next up for Nano Nuclear is navigating a dense regulatory landscape. The company expects the NRC's technical review to continue through 2027 and hopes to receive a construction permit by the second half of the year. From here, the company can begin on-site nuclear construction at the University of Illinois Urbana-Champaign.
Image source: Getty Images.
The company is laying the groundwork for its future with its recent acquisition In addition to its CPA, Nano Nuclear is building a vertically integrated business that spans not just microreactors but also the fabrication and transport of the fuel. In May, Nano Nuclear's subsidiary acquired Secured Transportation Service for $13 million, including $6 million in cash and $7 million in restricted shares.
This gives Nano Nuclear a company with 20 years of nuclear transportation experience, and also helps it start generating revenue today. Company management has also told investors they are considering additional mergers, acquisitions, and strategic supply partnerships explicitly to secure raw fuel pipelines and reactor components.
Nano Nuclear is still in its very early stages Despite Nano Nuclear's progress, investors buying the stock today need to be patient and maintain a long-term outlook. That's because the company still faces long timelines for regulatory reviews, construction, and deployment of its technology at commercial scale, all of which will require significant capital.
Data by YCharts.
The company plans to make additional acquisitions and has filed a Form S-3 shelf registration statement with the SEC, which permits it to issue up to $900 million in various classes of securities over three years. Within this is a $400 million at-the-market equity offering program, which allows it to issue shares directly into the open market, thereby diluting current investors.
Given the company's long path to operation (the first KRONOS reactor isn't expected to be operational until the 2030s), those buying today will be investing in a high-risk, very early-stage company in the developing nuclear microreactor industry.
Nuclear energy stocks have been among the market's biggest winners over the past year, handily outperforming the broader energy sector. It's not hard to imagine why. With power-hungry tech like artificial intelligence (AI) and cloud computing, the clean, round-the-clock power that nuclear can supply has rarely looked more relevant.
Broad exposure to nuclear energy -- such as through an exchange-traded fund (ETF) -- is one way to play this new resurgence. Another is to handpick the nuclear energy stocks yourself. With that in mind, these three stocks are well positioned to grow as the broader industry does.
Image source: Getty Images.
1. Oklo Oklo (OKLO 6.01%) is an advanced nuclear company that's designing small fast-fission reactors with complementary fuel recycling.
That's a mouthful of technical jargon, so let me break it down like this: Instead of a sprawling nuclear power plant, Oklo would like to deploy smaller reactors that can supply 24/7 power while using fuel more efficiently.
Early on, Oklo had the backing of Sam Altman, CEO of OpenAI, and more recently, it has signed agreements with companies including Equinix (EQIX 1.17%), Switch, and Meta Platforms (META +0.05%) to supply power to data centers.
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Oklo still needs regulatory approval to deploy reactors to commercial customers; as such, it hasn't scaled its technology nor proven it can operate reactors on a large scale. The stock is early-stage with plenty of execution risks, yet could be a big winner in the era of AI.
2. Nano Nuclear Energy Nano Nuclear Energy (NNE 4.27%) is another early-stage nuclear energy company working through the NRC regulatory process.
Like Oklo, Nano is designing microreactors. Unlike Oklo, however, which is focused primarily on building and deploying reactors, Nano aims to become vertically integrated. In nuclear energy, that would mean participating in multiple parts of the supply chain, from developing reactors and fuel to transporting nuclear materials.
Another difference from Oklo is that Nano has several microreactor designs, not just one. Indeed, along with a portable reactor design, Nano is developing a space microreactor (Loki) that could be deployed for deep-space missions or extraterrestrial environments.
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For what it's worth, the Trump administration has also been interested in putting a nuclear reactor on the moon to supply power to human bases. Although Nano has not been named a partner, successful deployment of a reactor could create more interest and, eventually, more opportunities.
3. NuScale Power NuScale Power (SMR 6.63%) is developing a small modular reactor (SMR). Unlike Oklo and Nano, however, NuScale's SMR design -- two, in fact -- has been approved by the NRC.
The challenge facing NuScale isn't regulatory, but commercial. So far, the first mover in SMR technology hasn't inked a firm sale of its reactor technology. Its commercial partner, ENTRA1, has helped open the door to a potential first U.S. customer in the Tennessee Valley Authority (TVA), which is interested in deploying 6 gigawatts (GW) of NuScale's technology. NuScale's SMRs are also expected to be deployed for a power plant project in Romania.
Even with two projects in its near future, NuScale has a lot to prove, not the least of which is deploying a reactor on time and within budget. That could take years -- its first reactor probably won't go online until after 2030 -- and revenue growth may be limited until then.
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NuScale, like Oklo and Nano, is a high-risk, high-reward investment in the future of energy. Investors with a long time horizon and high tolerance for volatility might want to consider adding these nuclear stocks to their portfolios.
NANO Nuclear Energy Inc. is reiterated as a Strong Buy, with expectations of new all-time highs and compelling M&A potential. NNE's innovative microreactor technologies, strong patent portfolio, and robust cash position underpin its attractiveness amid surging AI-driven energy demand. After a 69% correction from October 2025 highs, NNE appears to have bottomed, showing bullish consolidation and consistent earnings beats despite ongoing losses.
Nano Nuclear Energy (NNE 4.27%) is an advanced nuclear company whose ambitions coincide with a new trend on Wall Street: small modular reactors (SMRs), or, as Nano calls them, microreactors.
Long overshadowed by Oklo and NuScale Power, Nano's cheaper market valuation and regulatory progression has been drawing attention to Nano's suite of reactor designs. The stock has been gaining momentum over the last month, in spite of no real change to the obstacle stymieing its progress: a lack of regulatory approval.
With a market cap of $1.3 billion and a price between $26 and $27, should long-term investors take advantage of this opportunity, or should they wait for more concrete progress?
Let's take a look.
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Nano's opportunity is enormous, but so is the wait Nano Nuclear is one of the most ambitious novel nuclear energy companies in operation today.
Its goal, aside from certifying its microreactor designs, is to build a vertically integrated nuclear business. That means not just constructing and deploying microreactors but also participating in fuel fabrication and transportation, as well as other parts of the nuclear supply chain.
If it can pull it off, the company's business could look a bit like this: It will deploy microreactors wherever they are needed, whether that's a data center in a rural area, a military base, or even a lunar or deep-sea operation. Revenue could eventually come from selling the electricity generated by these reactors, likely under long-term purchase agreements (PPAs) with customers.
Image source: Getty Images.
Although microreactors have yet to be deployed at scale, companies are already biting. In May, Super Micro Computer (SMCI 1.11%) signed a memorandum of understanding (MOU) with Nano to explore the integration of microreactors with the former's AI infrastructure. That isn't, to be sure, a commitment to buy. But the early partnership demonstrates how interest in this technology could readily expand to other contracts once Nano's designs are certified.
On that front, Nano expects to begin construction of its first KRONOS micro modular reactor (MMR) in the second half of 2027. This, however, depends entirely on a smooth progression of regulatory approvals. The reactor is planned for construction at the University of Illinois Urbana-Champaign, about a hundred miles from the site of the first nuclear reactor in the U.S., the Chicago Pile-1 at the University of Chicago.
Nano has minimal revenue, but a substantial cash and equivalents pile of about $569 million. Even if it burned through $100 million a year -- currently more like $30 million to $40 million -- it could last five years without needing a fresh injection.
Recently, an analyst at Roth Capital set a $45 price target, implying roughly 73% upside from today's $26-ish price.
Nano has the potential to become a significant supplier of electricity, but that potential could take a decade or more to manifest. By that time, the energy landscape could look very different, perhaps to the point of diminishing Nano's most exciting prospects now. Given the uncertainty, this is still a stock for aggressive investors, those who want to take a calculated risk investing in a nascent industry. Those with less risk tolerance may want to look at a nuclear energy exchange-traded fund (ETF) with Nano as a holding.
SAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in-orbit services, today announced that it has secured a new commercial contract with the University of Colorado Boulder’s Laboratory for Atmospheric and Space Physics (LASP) to provide in-orbit services.
“We’re proud to support the OWLS mission demonstrating the versatile capabilities of our advanced technology combined with the flexibility of the orbital hosting infrastructure of our latest OSV, Vigoride-9,” said John Rood, Chief Executive Officer of Momentus. “We are encouraged by the increasing demand across a diverse set of commercial customers to support mission-critical orbital services, delivering reliable long-duration hosting and sustained operations. As our orbital services portfolio increases, we are optimistic about the durability of incremental revenue growth opportunities.”
LASP has selected Momentus to host and operate its Occultation Wave Limb Sounder (OWLS) mission on the Company’s Vigoride-9 Orbital Service Vehicle (OSV). LASP’s upcoming mission will fly advanced instruments into orbit to target improvements to modeling of space weather in low Earth orbit (LEO). These instruments are designed to measure atmospheric density waves between 100 and 400 kilometers using solar occultation techniques, generating high-quality data intended to improve modeling of space weather, atmospheric drag, and the evolution of the operating environment for satellites in LEO. During its targeted mission launch in 2027, Momentus will integrate and operate two OWLS instruments on Vigoride-9.
“Partnering with Momentus allows us to deploy OWLS quickly and efficiently by leveraging its orbital transportation services during the upcoming LEO launch to optimize our latest space weather forecasting instruments,” said OWLS Principal Investigator Dr. Ed Thiemann. “The data we collect will help improve models of the upper atmosphere and deepen our understanding of how the weather we experience at Earth’s surface ultimately impacts satellites in LEO.”
The contract further expands Momentus’ commercial revenue portfolio of hosted payload and in-orbit services that provide the U.S. government, science and academic, technology organizations, and commercial customers with scalable orbital infrastructure and operational support capabilities. Vigoride’s modular architecture and high-power hosting capabilities are well-positioned to deliver on missions requiring long-duration operations, precision, and specialized environmental conditions.
Momentus launched its Vigoride-7 Orbital Service Vehicle in March, and the spacecraft is currently meeting all mission objectives. The company’s upcoming Vigoride-8 mission is fully booked supporting NASA and scheduled to fly in 2027. Momentus still has capacity available on the Vigoride-9 mission, and organizations interested in securing a payload slot can contact the Momentus Commercial team at [email protected].
About Momentus
Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. Through its Vigoride orbital service vehicle, the company delivers hosted payload support, last-mile delivery, and servicing capabilities tailored to scalable mission architectures.
Follow the University of Colorado Boulder’s Laboratory for Atmospheric and Space Physics (LASP) Occultation Wave Limb Sounder (OWLS) mission at (https://lasp.colorado.edu/missions/owls).
Forward-Looking Statements
This press release contains certain statements which may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the expected filing of the Company’s Form 10-K and Form 10-Q and its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on April 9, 2025, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission’s website at www.sec.gov and the Investor Relations section of our website at investors.momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$68.90▼
$184.64Dividend Yield0.50%
P/E Ratio56.04
Price Target$189.50
When a stock is up more than 60% in just six months, it can create one of two emotions in investors. On the one hand, it can create FOMO (fear of missing out), which can cause investors to chase the stock higher.
The other emotion is fear, which may cause existing shareholders to sell.
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This could be the situation with nVent Electric NYSE: NVT. This is a London-based manufacturer of electrical components and liquid cooling systems used inside data centers.
NVT is up 66% year to date, but recent analyst activity suggests there could be significant upside for the stock.
Part of the Modern Day Gold RushAs it turns out, data centers take a long time to build. That revelation is one reason behind the volatility in the AI infrastructure trade. Investors bought into many stocks that were linked to data centers in a fashion that resembled a modern-day gold rush.
But the real advice to follow behind this trade may be to be quick, but don’t hurry. It’s important to be in these stocks, but there is time. Many planned data center projects haven’t broken ground yet and won’t be completed in 2027, let alone 2026. This will be a growth story that has years to go.
That slow, steady approach applies to nVent. Energy is a major story relative to data centers. Specifically, the hardware needed to power AI models needs access to 24/7 power, and there’s not enough of it.
However, the other energy issue is the heat density problem created by modern AI and high-performance computing hardware. For example, many of the top AI accelerators in use today can draw 700W to 1,000W per chip. A single server rack full of them can pull 100kW or more. That exceeds the cooling capacity of traditional air cooling systems.
This is why many hyperscalers are turning to liquid cooling solutions. Water conducts heat roughly 25x more efficiently than air. That means far more heat can be removed from a much smaller space, which directly enables denser, more powerful server configurations.
The Sector Is Underpriced, But Not for LongInvestors who are aware of the liquid cooling story may point out that nVent competes with Vertiv NYSE: VRT in this space. That’s true, but the focus should be on the size of the pie, which will allow for more than one winner.
The liquid cooling market in 2026 is only projected to be valued at around $8.5 billion. However, that number is expected to grow to around $17.7 billion by 2030. That’s a compound annual growth rate (CAGR) of over 20%.
In its Q1 2026 earnings report, nVent showed why investors can believe there’s more growth to come. The company delivered record revenue and earnings per share (EPS). But more importantly, it announced a backlog that exceeded forecasts. That allowed it to raise its full-year guidance on the top and bottom lines.
nVent Benefits From Long-Term AI Infrastructure SpendingOverall MarketRank™92nd Percentile
Analyst RatingBuy
Upside/Downside12.2% Upside
Short Interest LevelHealthy
Dividend StrengthWeak
News Sentiment1.37 Insider TradingSelling Shares
Proj. Earnings Growth22.42%
See Full Analysis
The risk in the AI infrastructure story in 2026 goes back to the timing. Specifically, is the AI infrastructure buildout an illusion or a story that’s still in the early stages? Critics (and cynics) would say that a data center planned isn’t the same as a data center built.
However, the earnings season just ended confirmed that hyperscalers continue to commit capital, and companies like nVent are confirming that those dollars are translating to projects that are under construction.
Companies such as Microsoft NASDAQ: MSFT and Alphabet NASDAQ: GOOGL aren’t going to commit billions of dollars and eat into their earnings and free cash flow on projects they don’t intend to see through. The current reality is that many businesses will demand the compute capacity to run AI for their operations.
That’s why analysts continue to increase their price targets. In June, analysts from Bernstein and Melius Research issued price targets of $218 and $214, respectively, for NVT. Both are well above the consensus price target of $189.50.
NVT Stock Pullback: Key Levels Investors Should WatchNVT has been in a strong uptrend since early 2026, consistently riding above its 50-day moving average. That gap between the current price and the simple moving average (SMA) signals solid bullish momentum with room to pull back before the trend is threatened.
The recent drop of over 8% on a noticeable volume spike is the key event to watch. That kind of selling pressure warrants caution in the short term.
The RSI sits at 53.36, right in neutral territory, which in this case is constructive. It means NVT isn't oversold, but it also isn't overheated, leaving room to move in either direction.
Watch the $159–$160 SMA zone as the first meaningful support level on any continued weakness.
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Powell Industries (POWL - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this energy equipment company have returned +10.2%, compared to the Zacks S&P 500 composite's +0.1% change. During this period, the Zacks Manufacturing - Electronics industry, which Powell Industries falls in, has gained 10.3%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Powell Industries is expected to post earnings of $1.49 per share for the current quarter, representing a year-over-year change of +12.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
For the current fiscal year, the consensus earnings estimate of $5.47 points to a change of +10.5% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $6.84 indicates a change of +25.1% from what Powell Industries is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Powell Industries is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Powell Industries, the consensus sales estimate for the current quarter of $318.25 million indicates a year-over-year change of +11.2%. For the current and next fiscal years, $1.2 billion and $1.46 billion estimates indicate +8.7% and +21.3% changes, respectively.
Last Reported Results and Surprise HistoryPowell Industries reported revenues of $296.61 million in the last reported quarter, representing a year-over-year change of +6.5%. EPS of $1.25 for the same period compares with $1.27 a year ago.
Compared to the Zacks Consensus Estimate of $298.22 million, the reported revenues represent a surprise of -0.54%. The EPS surprise was -6.72%.
Over the last four quarters, Powell Industries surpassed consensus EPS estimates three times. The company topped consensus revenue estimates just once over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Powell Industries is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Powell Industries. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Powell Industries (POWL - Free Report) closed the most recent trading day at $291.50, moving -5.3% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.44%. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 2.22%.
Shares of the energy equipment company witnessed a gain of 10.24% over the previous month, beating the performance of the Industrial Products sector with its gain of 9.25%, and the S&P 500's gain of 0.08%.
Investors will be eagerly watching for the performance of Powell Industries in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.49, showcasing a 12.88% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $318.25 million, indicating a 11.17% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.47 per share and a revenue of $1.2 billion, indicating changes of +10.51% and +8.73%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Powell Industries. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Powell Industries is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Powell Industries is holding a Forward P/E ratio of 56.27. This denotes a premium relative to the industry average Forward P/E of 23.32.
We can additionally observe that POWL currently boasts a PEG ratio of 4.02. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Manufacturing - Electronics industry had an average PEG ratio of 1.85.
The Manufacturing - Electronics industry is part of the Industrial Products sector. At present, this industry carries a Zacks Industry Rank of 95, placing it within the top 39% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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CLEVELAND, June 18, 2026 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 6, 2026, declared a regular quarterly dividend in the amount of $0.21 per share on the Company's common shares, payable July 20, 2026, to shareholders of record at the close of business on July 1, 2026.
ABOUT PLP
PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.
Cerebras Systems (NASDAQ:CBRS) is approaching its first earnings report as a public company with execution rather than demand as the key variable to watch, according to Wedbush analysts.
Demand risk is "almost zero," according to Wedbush, given Cerebras's existing deals with OpenAI and Amazon, meaning results will largely reflect how well management delivers against its own targets.
Driving the optimism is TSMC capacity. The analysts believe the foundry will deliver at least modest upside to expected wafer output in 2026 and 2027, which could translate into incremental system sales for Cerebras.
That dynamic is further helped by tightening accelerator availability across the industry and growing memory sourcing constraints, a challenge that matters less for Cerebras because its chips rely on SRAM rather than high-bandwidth memory.
The firm also flags the company's next-generation WSE-4 chip as a potential positive catalyst. While Cerebras has not provided a formal timeline, Wedbush notes that general speculation points to a late 2026 or early 2027 launch and ramp, with the new design expected to improve both margins and revenue.
Wedbush also credits management with building in some conservatism at the IPO stage, suggesting that simply executing to plan could yield upside to current estimates.
Longer term, the firm argues Cerebras's story is less about near-term beats and more about capturing share in a rapidly expanding AI accelerator market. Analysts point to continued growth in inference demand, potential incremental customers supported by TSMC output, and worsening memory pricing constraints as tailwinds that should work in the company's favor.
The firm considers 2028 the appropriate reference year as the first in which OpenAI-related investment costs begin to moderate and the company reaches what it views as meaningful revenue and operational scale.
Wedbush maintains a Buy rating and $270 price target on Cerebras based on a 40x price-to-earnings multiple applied to its 2028 EPS estimate of $6.03, plus net cash of $28.19 per share.
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.
Cerebras Systems (NASDAQ:CBRS) is approaching its first earnings report as a public company with execution rather than demand as the key variable to watch, according to Wedbush analysts.
Demand risk is "almost zero," according to Wedbush, given Cerebras's existing deals with OpenAI and Amazon, meaning results will largely reflect how well management delivers against its own targets.
Driving the optimism is TSMC capacity. The analysts believe the foundry will deliver at least modest upside to expected wafer output in 2026 and 2027, which could translate into incremental system sales for Cerebras.
That dynamic is further helped by tightening accelerator availability across the industry and growing memory sourcing constraints, a challenge that matters less for Cerebras because its chips rely on SRAM rather than high-bandwidth memory.
The firm also flags the company's next-generation WSE-4 chip as a potential positive catalyst. While Cerebras has not provided a formal timeline, Wedbush notes that general speculation points to a late 2026 or early 2027 launch and ramp, with the new design expected to improve both margins and revenue.
Wedbush also credits management with building in some conservatism at the IPO stage, suggesting that simply executing to plan could yield upside to current estimates.
Longer term, the firm argues Cerebras's story is less about near-term beats and more about capturing share in a rapidly expanding AI accelerator market. Analysts point to continued growth in inference demand, potential incremental customers supported by TSMC output, and worsening memory pricing constraints as tailwinds that should work in the company's favor.
The firm considers 2028 the appropriate reference year as the first in which OpenAI-related investment costs begin to moderate and the company reaches what it views as meaningful revenue and operational scale.
Wedbush maintains a Buy rating and $270 price target on Cerebras based on a 40x price-to-earnings multiple applied to its 2028 EPS estimate of $6.03, plus net cash of $28.19 per share.
Cerebras Systems is set to report its first quarterly results as a public company after the closing bell Tuesday, with traders anticipating a big move in the AI chipmaker's stock.
Cerebras Systems Inc. (NASDAQ:CBRS) is in the spotlight Tuesday ahead of its first-quarter earnings report today after the market closes.
CBRS stock is slipping today. What’s the outlook for CBRS shares? The report will mark a significant milestone for the AI infrastructure company—its first earnings release since going public on May 14. Analysts are expecting a loss of 16 cents per share on revenue of $180.81 million.
What Is Cerebras?What to WatchAs Cerebras’ first public earnings report, investors will be closely watching revenue growth trajectory, customer wins and any forward guidance. According to the company’s pre-IPO filings, Cerebras reported full-year 2025 revenue of $510 million. Commentary on AI infrastructure demand, competitive positioning, and progress on its AWS partnership will be key focal points on today’s conference call at 5 p.m. ET.
Cerebras Shares Edge Lower CBRS Price Action: At the time of publication, Cerebras shares are trading 4.67% lower at $213.95, according to data from Benzinga Pro.
Image via Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Key Takeaways Tech Stocks Are Selling Off for a 2nd-Straight DayS&P Services & Manufacturing Data Due After the OpenEarnings After the Close from FDX, KBH & CBRS Tuesday, June 23rd, 2026
Overseas markets sold off tech, particularly AI-related companies, which is now leading to the second-straight day of selling off the Nasdaq. Even the rotation into blue-chips Monday seems to have exhausted itself, near-term. The Dow is off another -218 points at this hour and the S&P 500 is -103.
The Nasdaq is down a whopping -882 points currently — including Micron (MU - Free Report) diving -8% two days ahead of its quarterly earnings release. The tech-heavy Nasdaq, now falling to second-place in equities gains year-to-date behind the small-cap Russell 2000, has dumped -1100 points since the first hour of trading yesterday. The Russell 2000 has given back -46 points at this hour.
Every so often, markets self-audit their more exuberant actions, and the AI trade would most certainly qualify here. This may be nothing more than a booking of profits ahead of the next leg in AI market development, or it could be that things like rotating the financing of chips from the biggest firms like NVIDIA (NVDA - Free Report) are getting a hard look from investors as summertime trading volumes take hold.
Meanwhile, peace talks remain ongoing as oil tankers exit the Persian Gulf through the Strait of Hormuz by the dozens. Energy firms are still wary, however, as the road to peace has been a bumpy one. That said, WTI spot oil prices are down to $73 per barrel (/bbl) this morning — a downward adjustment of more than -60% from recent peak levels — with global Brent crude hovering around $78/bbl. Risks also remain, however, as strategic oil reserves had been reaching crucial levels ahead of the agreement.
What to Expect from the Stock Market Today
After the opening bell, we look for flash S&P PMI numbers in both Services and Manufacturing for the month of June. Both stayed above the important 50 threshold (which determines profit vs. loss) in last month’s print, although Services, at 50.7, was the lowest level since this metric dipped below 50 in March of this year.
Manufacturing, on the other hand, reached its strongest level in three years last month: 55.1. Data-center buildouts and further development from the Chips Act, which passed through Congress four years ago. Also, the stockpiling of goods in the wake of the ongoing conflict with Iran in May helped bolster this headline number. We’ll see if this continues at the same rate.
We’re on something of an “Earnings Island” this week, between two earnings seasons but with some key companies with something to say about the global and domestic economies. FedEx (FDX - Free Report) seeks its fifth-straight earnings beat after today’s close, when it reports fiscal Q4 results. Expectations are for -2.6% earnings growth year over year, but +8.8% on the revenues side.
KB Home (KBH - Free Report) has also outperformed estimates for four-straight quarters going into this afternoon’s print, but reflecting the ongoing challenges in the non-luxury housing market: earnings growth is projected to come in at a woeful -71.3%, -28.7% on the revenues side for its fiscal Q2 report. The average price of a newly-built home from the LA-based firm was down -10% to around $450K.
AI chip and supercomputer company Cerebrus (CBRS - Free Report) posts its inaugural quarterly earnings since its IPO mid-May this afternoon. The supplier to OpenAI is expected to report a bottom-line loss of -$0.14 per share on $180.7 million in quarterly revenues. Depending on how impressive its report proves, this stock might be a bargain, currently -28% from its IPO price.
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A broader semiconductor sell-off is weighing on Cerebras Systems CBRS shares as the company warms up to report its quarterly earnings later today (after market close).
While the Nasdaq-listed firm is widely regarded as “The Nvidia Challenger”, options traders aren’t entirely convinced that the Q1 print will help it reclaim some of its year-to-date losses in the days ahead.
Heading into the financial release, Cerebras stock is down some 30% versus the start of this year.
Options data from Barchart shows the put-to-call ratio on contracts expiring Jun. 26 sits at 1.75 at the time of writing, indicating a very strong bearish skew.
The lower price on those contracts is set at about $187 currently, signaling CBRS shares will likely continue their plunge and lose another 12.7% by the end of this week.
Crucially, technical indicators also favour further downside. Cerebras tanked below its 20-day MA this morning, suggesting bears have taken back control for the near-term.
Plus, the company’s relative strength index (RSI) sits in the early 40s currently, reinforcing potential for further decline before the stock slips into the “oversold” territory.
Cerebras Technicals Options traders remain bearish on Cerebras shares primarily because they’re trading at a stretched price-to-sales (P/S) multiple of about 91x currently.
And that’s when the company is broadly expected to remain in loss in its fiscal Q1; analysts’ call currently sits at negative $0.14 per share for the first quarter.
Moreover, estimates for CBRS’s revenue hover around $57 million at writing, which would mean the semiconductor firm is on track to post a year-over-year sales decline in 2026; its top-line came in at $510 million last year.
Considering these numbers, it’s increasingly difficult to justify Cerebras Systems current valuation multiple which actually sits miles above the chip sector leader, Nvidia, at about 23x sales only.
Investors use price-to-sales multiples to assess a company's valuation relative to the revenue it is expected to generate.
With the growth of online investment platforms, tracking such metrics has become significantly easier and more accessible to market participants.
Compounding CBRS stock’s valuation headache is the hangover of its blockbuster initial public offering (IPO) last month.
Listing on May 14th at a whopping $185 per share, and briefly skyrocketing above $380, Cerebras has since fallen victim to brutal post-IPO profit-taking and cooling AI infrastructure hype.
While the company’s hardware itself remains undeniably revolutionary – featuring the monolithic WSE-3 processor designed to bypass traditional multi-chip bottlenecks, analysts are pivoting from theoretical compute capability to actual sequential execution.
For Cerebras Systems Inc to stabilize its volatile stock, management must use tonight’s conference call to outline concrete customer diversification, ensuring that its immense processing power translates into a sustainable, growing order book.
That said, Wall Street continues to rate CBRS at “Strong Buy”, with a bullish mean price target of about $289.
