When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Let's take a look at what these Wall Street heavyweights have to say about Coupang, Inc. (CPNG - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Coupang currently has an average brokerage recommendation (ABR) of 1.97, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 15 brokerage firms. An ABR of 1.97 approximates between Strong Buy and Buy.
Of the 15 recommendations that derive the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 53.3% and 6.7% of all recommendations.
Brokerage Recommendation Trends for CPNG
Check price target & stock forecast for Coupang here>>>
The ABR suggests buying Coupang, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Is CPNG a Good Investment?In terms of earnings estimate revisions for Coupang, the Zacks Consensus Estimate for the current year has declined 94.1% over the past month to -$0.33.
Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Coupang. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Therefore, it could be wise to take the Buy-equivalent ABR for Coupang with a grain of salt.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Align Technology (ALGN - Free Report) Align Technology, based in California, manufactures and markets a system of clear aligner therapy, intra-oral scanners and CAD/CAM (computer-aided design and computer-aided manufacturing) digital services used in dentistry, orthodontics, and dental records storage. The clear aligner system corrects malocclusion using nearly invisible and removable appliances that gently move the tooth to a desired final position.
ALGN is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 15.8; value investors should take notice.
One analyst revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.01 to $11.36 per share. ALGN also boasts an average earnings surprise of +7.8%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, ALGN should be on investors' short list.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Let's take a look at what these Wall Street heavyweights have to say about Riot Platforms, Inc. (RIOT - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Riot Platforms, Inc. currently has an average brokerage recommendation (ABR) of 1.33, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 20 brokerage firms. An ABR of 1.33 approximates between Strong Buy and Buy.
Of the 20 recommendations that derive the current ABR, 15 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 75% and 15% of all recommendations.
Brokerage Recommendation Trends for RIOT
Check price target & stock forecast for Riot Platforms, Inc. here>>>
While the ABR calls for buying Riot Platforms, Inc., it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Is RIOT a Good Investment?In terms of earnings estimate revisions for Riot Platforms, Inc., the Zacks Consensus Estimate for the current year has remained unchanged over the past month at -$2.08.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Riot Platforms, Inc. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Riot Platforms, Inc.
China's technology landscape in the United States enters the second half of 2026 on a cautiously constructive footing, anchored by steady U.S.-China trade progress. President Trump's May 14-15 Beijing summit with President Xi Jinping produced a framework establishing the U.S.-China Board of Trade and Board of Investment, with China committing at least $17 billion in annual U.S. agricultural purchases through 2028 and 200 Boeing aircraft, while Washington guaranteed jet-engine supply. Through June, USTR Ambassador Greer confirmed the Board of Trade would focus on non-sensitive goods, while China renewed registration for more than 400 U.S. beef facilities. By July, momentum continued, though Commerce tightened Blackwell-chip licensing in late May and issued a June 1 clarification closing overseas-subsidiary loopholes, underscoring that technology controls remain a parallel, unresolved track even as broader trade ties stabilize. This bilateral momentum is likely to present compelling portfolio opportunities for companies, including GDS Holdings (GDS - Free Report) , NetEase (NTES - Free Report) , Kingsoft Cloud (KC - Free Report) and Taiwan Semiconductor (TSM - Free Report) .
Progress Across Strategic TechnologiesIn semiconductors, Washington's late-May guidance restricted Nvidia's Blackwell exports, tightened further by a June 1 clarification extending controls to Chinese-headquartered entities abroad. Nvidia's China AI-chip share narrowed sharply, while domestic alternatives scaled: Huawei's Ascend 950PR targets roughly 750,000 units, and Cambricon plans 500,000 accelerators in 2026. China's LineShine supercomputer topped the TOP500 list in June, and SMIC continued mature-node expansion. The second half of 2026 likely brings continued self-sufficiency gains alongside possible case-by-case licensing under the Board of Trade.
In electric vehicles, BYD's export-led recovery extended into June, delivering 403,472 NEVs (up 5.5% year over year) with a record 175,349 overseas units, though H1 domestic sales fell nearly 16%. Leapmotor, Nio, Xpeng and Zeekr posted 2026-best months, while Geely's exports topped 100,000 units for the first time, reflecting an industry-wide pivot toward overseas markets. The second half of 2026 should see exports remain the primary growth lever as automakers lean further into overseas markets amid persistent domestic price competition.
In artificial intelligence, DeepSeek's reasoning models retained competitive cost-performance standing globally, while Chinese AI enterprises surpassed 6,000. Shenzhen deployed DeepSeek-powered "digital employees" for municipal functions, and bilateral AI-safety guardrail discussions launched at the May summit continued informally through July. The second half of 2026 may bring formalized bilateral AI-safety guardrails alongside continued open-source model releases.
In humanoid robots, Unitree cleared Shanghai's STAR Market listing review on June 1, targeting a roughly $7 billion valuation and 20,000-unit shipments in 2026; Nvidia selected Unitree's H2 for a research robotics platform. Beijing mandated 10,000 working humanoid deployments by year-end, with Unitree and AgiBot commanding nearly 80% domestic share amid 94% projected output growth. The second half of 2026 should see accelerated shipments toward Beijing's 10,000-unit deployment mandate and potential Unitree IPO completion.
In aerospace, COMAC's C919 program advanced unevenly—35 units delivered since 2022, with airlines projecting 33 for 2026, though a first-quarter slowdown reflected engine-supply and certification friction with EASA. The May summit's Boeing commitment and U.S. engine-supply guarantee offered a stabilizing counterweight, aiding indigenous CJ-1000A engine testing. The second half of 2026 likely brings incremental delivery recovery, continued CJ-1000A testing and progress on EASA certification talks.
In defense, China's budget reached approximately $277 billion, funding hypersonic and drone programs. The second half of 2026 should sustain steady capability investment absent major bilateral security breakthroughs.
In medical devices, the domestic market approached $172.9 billion with rising domestic substitution. The second half of 2026 may bring further import-replacement policy support and expanded manufacturer approvals.
In high-tech maritime and rail equipment, the CR450 high-speed train advanced toward 2026 commercial operations at 400 km/h. The second half of 2026 should mark commercial rollout milestones and continued shipbuilding capacity expansion.
In new synthetic materials, aerospace composites and battery-grade materials retained state-backed investment; the second half of 2026 likely sees further localization of high-performance material supply chains. In advanced electrical equipment, energy storage installations surpassed 100 gigawatts; the second half of 2026 should extend grid-technology leadership as installations continue scaling globally.
Taken together, these May-to-July developments across trade, semiconductors, EVs, AI, robotics, aerospace and advanced manufacturing point to a China tech landscape in the United States entering the second half of 2026 with improving stability, selective friction and meaningful room for continued recalibration.
Chinese technology companies present compelling opportunities for investors navigating geopolitical volatility through late 2026's trade framework. Our China Tech Screen is an invaluable source for identifying stocks with massive growth prospects in the space.
Explore 30 cutting-edge investment themes with Zacks Thematic Screens and uncover your next big opportunity.
4 Chinese Tech Stocks in Focus Right NowGDS Holdings is positioned to capitalize on China's booming AI infrastructure buildout. In first-quarter 2026, the company secured a record ~200MW of net new bookings — the highest ever for a single quarter — signaling robust hyperscale cloud demand. Total committed area grew 11.7% year over year to 725,485 sqm, while pre-commitment rate for space under construction climbed to 84.4% from 66.1% at the end of 2025. Management maintained full-year 2026 guidance of RMB 12,400-12,900 million in revenues and RMB 5,750-6,000 million in adjusted EBITDA. Planned capex of ~RMB 9,000M signals confidence in pipeline execution. Cash was RMB 14.8 billion. The June 2026 AGM passed all resolutions, reinforcing continuity. With 2026 move-ins projected above 70,000 sqm and 2027 substantially larger, this Zacks Rank #1 (Strong Buy) company appears poised for meaningful near-term growth. You can see the complete list of today’s Zacks #1 Rank stocks here.
NetEase is positioning itself for near-term growth through several company-level catalysts. Its June 30, 2026, dual primary listing on the Hong Kong Stock Exchange expands the investor base and deepens capital access. On the games front, Where Winds Meet launched on Xbox and Game Pass in June 2026 with the massive "Hidden Mountain" expansion unveiled at Xbox Games Showcase, broadening global reach. Once Human is confirmed for an Aug. 25, 2026, release on PS5 and Xbox with full crossplay support, opening a new console revenue stream. Management has embedded AI across art, design, programming, animation and QA, driving production efficiency gains. A declared dividend of 72 cents per share and a newly shareholder-approved incentive plan together signal strong capital allocation discipline for this Zacks Rank #1 company.
Kingsoft Cloud presents a compelling fundamental case anchored in AI monetization and ecosystem expansion. AI gross billing surged 90% year over year in first-quarter 2026, crossing 50% of public cloud revenues for the first time — a structural inflection confirming AI as the primary growth driver. This Zacks Rank #2 (Buy) company guided for sustained infrastructure investment through 2026, with first-quarter capex and leased assets totaling RMB3 billion. At its June 30, 2026, AGM, shareholders approved revised Xiaomi cloud service caps — RMB4 billion for 2026, rising to RMB6 billion for 2027 — cementing high-visibility revenues. Adjusted EBITDA margin expanded 11.4 percentage points year over year to 27.6%, while operating expenses declined 7.4%, confirming leverage improvement. A 2026 Share Incentive Plan supports talent retention as AI infrastructure scales.
Taiwan Semiconductor presents a compelling near-term investment case built on robust operational momentum and disciplined capital deployment. May 2026 monthly revenues reached approximately NT$416.98 billion, rising 30.1% year over year, with cumulative January-May 2026 revenues climbing 30% to NT$1,961.80 billion. Management guided second-quarter 2026 revenues of $39-$40.2 billion, with gross margins of 65.5-67.5% and operating margins of 56.5-58.5%. The board has approved approximately $44.96 billion in capital appropriations targeting advanced-node and packaging capacity expansion. A newly announced strategic partnership with Sony Semiconductor Solutions for next-generation image sensors further diversifies revenues. With advanced technologies accounting for 74% of wafer revenues and the A13 process recently debuted, this Zacks Rank #2 company's technology roadmap remains well ahead. Second-quarter 2026 results are due on July 16.
Published in artificial-intelligence china cloud-computing electric-vehicles medical-devices robotics semiconductor tech-stocks thematic
Affirm is now a free cash flow machine, poised to generate over $1 billion FCF in the next twelve months. AFRM is expected to deliver 24%-25% revenue growth in fiscal 2027, with annual revenues surpassing $5 billion. Profitability is accelerating: management has consistently raised non-GAAP operating margin guidance, targeting 29% next fiscal year.
[url="]Cloudflare, Inc.[/url] (NYSE: NET), the leading connectivity cloud company, today announced the general availability of Precursor, a next-generation, co
Devon Energy is now a ~$50 billion upstream company, strengthened by the $28 billion Coterra acquisition and integrated assets. DVN targets $2 billion in synergies by YE-2027, driving improved FCF and capital efficiency, with $800 million quarterly FCF pre-merger. Post-merger guidance calls for 1.4 million barrels/day production, $4.9 billion capex, and up to 70% of FCF returned to shareholders.
Halliburton (NYSE: HAL) wins major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies.
Key Takeaways SLB's OneSubsea wins a major umbilical contract for Eni's Kutei North Hub offshore Indonesia.The project includes 94.6 kilometers of steel-tube umbilicals for water depths up to 2,200 meters.SLB will use parallel production lines to shorten delivery times and improve manufacturing efficiency. SLB N.V. (SLB - Free Report) has strengthened its deepwater business by securing a major contract through its OneSubsea joint venture from Eni North Ganal Limited for the Kutei North Hub development offshore East Kalimantan, Indonesia. Eni North Ganal Limited is a subsidiary of Searah Limited, which is a 50/50 joint venture between Eni S.p.A. (E - Free Report) and PETRONAS that focuses on developing upstream oil and gas assets in Southeast Asia.
Under the agreement, OneSubsea will engineer, procure and manufacture 94.6 kilometers of steel-tube umbilicals for water depths of up to 2,200 meters. The steel-tube umbilical system, weighing approximately 6,700 tons, ranks among the largest umbilical contracts awarded in the subsea industry and reinforces SLB's leadership in complex offshore developments.
The project showcases SLB's advanced manufacturing capabilities by combining its Oscilay and planetary production lines, enabling parallel production that shortens delivery timelines while improving manufacturing efficiency. The contract also includes production of a 30-kilometer continuous umbilical, weighing roughly 2,100 tons, designed to withstand pressures of 10,000 psi, highlighting SLB's technical expertise in demanding deepwater environments.
The award strengthens SLB's subsea order backlog while reinforcing its long-term partnership with E. As global energy companies continue investing in offshore natural gas developments to meet rising energy demand, advanced subsea infrastructure remains critical. SLB's technical expertise, manufacturing scale and execution capabilities position the company to capture additional deepwater opportunities, supporting higher cash flow generation. This contract is expected to strengthen SLB's business model and boost investor appeal in the coming years.
SLB currently carries a Zacks Rank #3 (Hold), while Eni has a Zacks Rank #5 (Strong Sell) at present.
Some better-ranked stocks in the energy sector are Cenovus Energy Inc. (CVE - Free Report) and National Energy Services Reunited Corp. (NESR - Free Report) . CVE currently carries a Zacks Rank #2 (Buy) while NESR sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
By leveraging its fully integrated upstream and downstream operations across Canada and the United States, Cenovus consistently generates robust cash flow. To further expand production, CVE is advancing key optimization initiatives at Christina Lake North, Sunrise, West White Rose and Foster Creek.
National Energy Services Reunited delivers integrated drilling and reservoir services across the Middle East, North Africa and Asia-Pacific, helping producers maximize output and efficiency. With the rising global demand for electricity fueling a shift toward natural gas, NESR is well-positioned to capitalize on growing upstream energy investments.
Key Takeaways Cintas is expected to report fiscal Q4 revenues of $2.88 billion, up 7.8% year over year. CTAS may benefit from customer retention, AED Rentals demand and gains from recent acquisitions. Cintas faces margin pressure from higher SG&A costs and potential foreign exchange headwinds. Cintas Corporation (CTAS - Free Report) is scheduled to release fourth-quarter fiscal 2026 (ended May 2026) results on July 15, before market open.
The Zacks Consensus Estimate for CTAS’ fiscal fourth-quarter revenues is pegged at $2.88 billion, indicating growth of 7.8% from the prior-year quarter’s figure. The consensus mark for earnings is pinned at $1.24 per share, which has been stable in the past 60 days. The figure indicates growth of 13.8% from the year-ago quarter's figure.
The company has a stellar earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 1.3%. In the last reported quarter, its earnings of $1.24 per share beat the consensus estimate of $1.23 by 0.8%.
Let’s see how things have shaped up before Cintas’ fiscal fourth-quarter earnings release.
Factors to Note Ahead of CTAS’ ResultsStrong customer retention and penetration of additional products and services into existing customers are expected to have driven the Uniform Rental and Facility Services segment’s performance in the fiscal fourth quarter. The Zacks Consensus Estimate for the segment’s revenues is pegged at $2.17 billion, indicating a 7% jump from the year-ago reported number.
Solid demand for the company’s AED Rentals is likely to have supported the performance of the First Aid and Safety Services segment. Also, strong customer retention levels and an improved sales mix are likely to have boded well for the segment. The consensus mark for the segment’s revenues is pegged at $358 million, which implies a 10.5% increase from the year-ago reported figure.
Also, synergistic gains from the acquisitions of Paris Uniform Services (March 2024) and SITEX (February 2024) are expected to have boosted Cintas’ top line in the to-be-reported quarter. While the Paris Uniform Services buyout has strengthened CTAS’ market presence in Pennsylvania, New York, Maryland and West Virginia, the SITEX acquisition has enhanced its footprint in the U.S. central Midwest region.
However, the escalating selling, general and administrative (SG&A) expenses pose a threat to CTAS’ bottom line. Increase in employee-partner related expensesare expected to have pushed up the SG&A expenses, which are likely to have impacted the company’s margins in the fiscal fourth quarter.
Given Cintas’ extensive geographic presence, its operations are subject to global political risks and foreign exchange headwinds. A stronger U.S. dollar is likely to have hurt CTAS’ overseas business in the quarter.
Earnings WhispersOur proven model predicts an earnings beat for CTAS this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as elaborated below.
Earnings ESP: CTAS has an Earnings ESP of +0.58% as the Zacks Consensus Estimate is pegged at $1.25 per share, higher than the Most Accurate Estimate of $1.24. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: CTAS currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Other Stocks to ConsiderHere are some other companies, which according to our model, have the right combination of elements to beat on earnings in this reporting cycle.
Ingersoll Rand Inc. (IR - Free Report) has an Earnings ESP of +0.61% and a Zacks Rank of 3 at present. The company is slated to release second-quarter 2026 results on July 30.
Ingersoll Rand’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while matching the mark in two, the average surprise being 2.4%.
Crane Company (CR - Free Report) has an Earnings ESP of +4.73% and a Zacks Rank of 2 at present. The company is scheduled to release second-quarter 2026 results on July 28.
Crane’s earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 11.3%.
Illinois Tool Works Inc. (ITW - Free Report) has an Earnings ESP of +0.31% and a Zacks Rank of 3 at present. The company is slated to release second-quarter 2026 results on July 28.
Illinois Tool’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 2.8%.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CCJ either through stock ownership, options, or other derivatives. 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.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: T. Rowe Price (TROW - Free Report) Founded in 1937 and headquartered in Baltimore, T. Rowe Price Group, Inc. is a global investment management organization with $1.71 trillion in asset under management (AUM) as of March 31, 2026. It provides a broad array of mutual funds, sub-advisory services and separate account management for individual and institutional investors, retirement plans and financial intermediaries.
TROW is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Finance stock. TROW has a Momentum Style Score of A, and shares are up 8.1% over the past four weeks.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.28 to $9.89 per share. TROW boasts an average earnings surprise of +4.9%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, TROW should be on investors' short list.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Cardinal Health (CAH - Free Report) Headquartered in Dublin, OH, Cardinal Health is one of the world’s largest healthcare services and products providers, operating across Pharmaceutical & Specialty Solutions, Global Medical Products & Distribution (GMPD), and Other growth businesses. The company serves nearly 90% of U.S. hospitals, delivers more than 43,000 pharmaceutical shipments daily, and manages a broad portfolio of medical, surgical, and laboratory products.The Pharmaceutical and Specialty Solutions segment distributes a wide range of pharmaceutical products, including branded and generic drugs, specialty pharmaceuticals, and consumer health products. This segment also provides biopharma solutions, offering data-driven insights, analytics, and commercialization support to pharmaceutical manufacturers. CAH delivers specialty drug distribution services in areas such as oncology, gastroenterology, and rheumatology. Its pharmacy management services cater to hospital and retail pharmacies, enhancing medication access and supply chain efficiency. The company also operates nuclear pharmacies, compounding radiopharmaceuticals used in diagnostic imaging and treatment. It currently has nearly 130 nuclear pharmacies and 30 PET cyclotron facilities.
CAH is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. CAH has a Growth Style Score of A, forecasting year-over-year earnings growth of 30.7% for the current fiscal year.
For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $10.77 per share. CAH boasts an average earnings surprise of +10.3%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CAH should be on investors' short list.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Lucid Group To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Lucid Group between February 25, 2026 and April 13, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - July 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lucid Group, Inc. ("Lucid Group" or the "Company") (NASDAQ: LCID) and reminds investors of the July 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (3) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Lucid Group's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Lucid Group class action, go to www.faruqilaw.com/LCID or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Lucid Group, Inc. Securities Class Action Lawsuit:
What is the Lucid Group securities fraud lawsuit about?
The Lucid Group securities fraud lawsuit is a federal securities class action alleging that Lucid Group, Inc. (NASDAQ: LCID) and its executives made false and misleading statements to investors by concealing that a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity SUV and overstating the Company's manufacturing and delivery capabilities. As the truth emerged through a series of disclosures - including an April 3, 2026 announcement that only 3,093 vehicles were delivered in Q1 2026 due to a 29-day delivery disruption caused by a supplier seat defect, an April 14, 2026 filing revealing Q1 revenue of just $280-$284 million against a consensus estimate of $433.8 million and a $1.05 billion capital raise, and a May 5, 2026 earnings report showing a net loss of over $1 billion and GAAP EPS of -$3.46 - LCID's stock price fell sharply across multiple trading sessions, causing significant losses for investors.
Who may be eligible to participate in the Lucid Group class action lawsuit?
Investors who purchased or acquired Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Lucid Group securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Lucid Group employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the Lucid Group lawsuit?
A lead plaintiff in the Lucid Group class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Lucid Group investor who purchased LCID stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 28, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased Lucid Group stock during the Class Period?
Investors who purchased Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Lucid Group securities class action is July 28, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/LCID for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304757
Source: Faruqi & Faruqi LLP
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The electric vehicle sector attracted enormous investor capital in 2025 and 2026, with manufacturers racing to scale production of new SUV platforms. Lucid Group, Inc. (NASDAQ: LCID) told investors it had built a "repeatable and stable operating cadence" heading into 2026, but a concealed supplier quality crisis had already derailed Gravity SUV deliveries for nearly a month, the lawsuit contends.
NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Lucid Group, Inc. (NASDAQ: LCID) that a class action lawsuit has been filed on behalf of shareholders who purchased securities between February 25, 2026 and April 13, 2026. Find out if you qualify to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
Lucid delivered only 3,093 vehicles in Q1 2026 versus analyst expectations of 5,237, a shortfall of over 40%. Revenue came in between $280 million and $284 million, missing the $433.8 million consensus by approximately $150 million.
How the Alleged Supplier Crisis Undermined Reported Capabilities
The lawsuit contends that an unauthorized supplier change for second-row seats in the Lucid Gravity produced seatbelt anchor welds that did not meet safety standards. This forced a 29-day delivery disruption and a recall of 4,476 vehicles. Lucid paused deliveries to reverse the supplier change and inspect vehicles already produced, with February 2026 particularly impacted. Yet on February 24, 2026, management publicly declared quality problems "overcome" and touted a production run rate supporting up to 7,500 vehicles per quarter.
The Alleged "Comprehensive Qualification Process" That Failed
Lucid's 2025 Form 10-K, filed during the Class Period, assured investors the Company used "a comprehensive qualification process to assess technical capability, quality, cost" for its thousands of parts and suppliers. The complaint alleges this representation was materially misleading because, at the time it was made, a supplier had already made an unauthorized change to a safety-critical component.
Key Supplier Quality Allegations for Shareholders
An unauthorized supplier change to second-row seat components allegedly went undetected until vehicles were already in productionSeatbelt anchor welds did not meet safety standards, triggering a recall of 4,476 Lucid Gravity SUVs built between December 2024 and February 2026Gravity deliveries were halted for 29 consecutive days during Q1 2026February 2026 deliveries were "particularly hit" while management simultaneously told investors quality problems had been "overcome"The production-to-delivery gap widened dramatically: 5,500 produced versus only 3,093 deliveredDays on hand inventory stood at 108 in December 2025, suggesting vehicles were already accumulating before the disruption became public The Lapping Comps Problem Investors Were Not Told About
Lucid had reported eight consecutive quarters of record deliveries heading into 2026. The complaint alleges management leveraged this momentum narrative to maintain investor confidence while concealing that the supplier crisis had already broken the streak. The Company's 2025 annual report described "strong relationships with suppliers and partners to deliver the . . . Lucid Gravity[.]" at a time when, the lawsuit contends, those very supplier relationships had produced a safety defect requiring a federal recall.
"This case presents important questions about supplier quality disclosure obligations in the electric vehicle sector. When a manufacturer tells investors it has overcome production quality issues while a safety-critical supplier defect is actively disrupting deliveries, shareholders deserve to know," stated Joseph E. Levi, Esq.
Submit your information to join this case or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report. Applications to serve as lead plaintiff must be filed by July 28, 2026.
Frequently Asked Questions About the LCID Lawsuit
Q: What is the LCID class action lawsuit about? A: A securities class action has been filed against Lucid Group, Inc. (NASDAQ: LCID) alleging materially false and misleading statements between February 25, 2026 and April 13, 2026. Shares fell approximately 11.35% after the truth about a 29-day supplier-driven delivery disruption was revealed, causing significant losses for shareholders.
Q: Who is eligible to join the LCID investor lawsuit? A: Investors who purchased LCID stock or securities between February 25, 2026 and April 13, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.
Q: What specific misstatements does the LCID lawsuit allege? A: The complaint alleges Lucid made materially false or misleading statements regarding its manufacturing and delivery capabilities, supplier quality controls, and operational readiness for 2026. When the supplier disruption and its financial impact were revealed, the stock price declined sharply.
Q: What do LCID investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my LCID shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
New York, New York--(Newsfile Corp. - July 13, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ: LCID) on behalf of investors that purchased or otherwise acquired Lucid Group securities between February 25, 2026 and April 13, 2026 (the "Class Period").
CLICK HERE TO JOIN THE CASE
If you are an investor in Lucid and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than July 28, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On Friday April 3, 2026, at the close of the market, Lucid issued in a press release stating that the Company "produced 5,500 vehicles" during the first quarter of 2026, while only "deliver[ing] 3,093 vehicles." The press release further stated that "[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats" and, "[a]s result of this, the [C]ompany's ability to meet customer demand was impacted." That same day, Reuters published an article entitled "Lucid misses first-quarter vehicle delivery estimates on supplier disruptions." According to the article Chief Executive Officer Marc Winterhoff, said "[d]eliveries were particularly hit in February" when the Company "paused to reverse the change and inspect vehicles already produced."
In the first two trading sessions following the news, the price of Lucid shares declined by $1.13 per share, or 11.35%, to close at $8.83 per share on April 7, 2026.
Then, on April 14, 2026, Lucid announced preliminary first quarter 2026 financial results, including revenue in the range of $280 million to $284 million, well below the consensus estimate of $433.8 million according to the complaint, and loss from operations in the range of $985 million to $1.005 billion.
Following this news, the price of Lucid stock fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.
The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
DraftKings (DKNG - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this company have returned -8.7% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Gaming industry, to which DraftKings belongs, has gained 5.1% over this period. Now the key question is: Where could the stock be headed in the near term?
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 RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
DraftKings is expected to post earnings of $0.34 per share for the current quarter, representing a year-over-year change of -10.5%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
For the current fiscal year, the consensus earnings estimate of $1.15 points to a change of +74.2% from the prior year. Over the last 30 days, this estimate has changed -1.3%.
For the next fiscal year, the consensus earnings estimate of $1.78 indicates a change of +55.4% from what DraftKings 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, DraftKings 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
Revenue Growth ForecastEven 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.
In the case of DraftKings, the consensus sales estimate of $1.57 billion for the current quarter points to a year-over-year change of +3.9%. The $6.8 billion and $7.77 billion estimates for the current and next fiscal years indicate changes of +12.4% and +14.2%, respectively.
Last Reported Results and Surprise HistoryDraftKings reported revenues of $1.65 billion in the last reported quarter, representing a year-over-year change of +16.8%. EPS of $0.2 for the same period compares with $0.12 a year ago.
Compared to the Zacks Consensus Estimate of $1.64 billion, the reported revenues represent a surprise of +0.12%. The EPS surprise was -9.09%.
Over the last four quarters, DraftKings surpassed consensus EPS estimates times. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
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.
DraftKings is graded C on this front, indicating that it is trading at par with 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 DraftKings. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Key Takeaways FuelCell Energy supplies round-the-clock on-site power for data centers, factories and commercial buildings.Its systems use chemical reactions, run on multiple fuels and produce both electricity and usable heat.Modular units and expanded manufacturing support larger projects and demand for reliable local power. FuelCell Energy (FCEL - Free Report) helps customers produce electricity directly at the place where it will be used, rather than depending entirely on power supplied from distant generating stations. Its fuel cell systems can provide steady, round-the-clock electricity to data centers, factories, utilities and commercial buildings. This on-site approach can help customers reduce their reliance on crowded transmission networks, avoid some grid-connection delays and maintain a more dependable power supply for operations that cannot afford lengthy outages.
FuelCell Energy’s systems generate electricity through a chemical reaction instead of burning fuel in the way conventional generators do. They can operate using natural gas, biogas or blends containing hydrogen while releasing very small amounts of common air pollutants. The systems can work alongside the main electricity grid or operate independently when grid power is disrupted. They also produce useful heat, which customers can reuse for heating, steam generation or cooling. This allows facilities to obtain both electricity and usable heat from the same fuel, improving overall energy efficiency.
FuelCell Energy sees growing interest in its power-generation systems, particularly from AI data centers that consume large amounts of electricity and must remain operational around the clock. The company offers modular units that can be installed in stages, allowing customers to begin with a certain level of power and add more blocks as their needs increase. FuelCell Energy is also expanding its manufacturing capacity and working with partners and customers on larger on-site projects. Rising demand for reliable, locally generated and lower-emission electricity could therefore support the long-term growth of this business.
FuelCell Energy is one of several companies seeking to meet the rising electricity needs of data centers. The rapid growth of AI is increasing pressure on utility grids, which may not always be able to provide new power connections quickly. Energy companies are therefore offering different types of on-site and backup power solutions. While their technologies vary, each aims to give data-center operators a reliable electricity supply that can support future expansion.
Different Approaches to Data-Center Power DemandBloom Energy (BE - Free Report) could benefit as AI and data centers create stronger demand for dependable on-site power. Bloom Energy supplies fuel cell systems that generate electricity where it is used, helping customers avoid grid delays and connection bottlenecks. Bloom Energy has also pointed to healthy commercial interest and a growing pipeline of projects, suggesting that demand for distributed power solutions may remain strong as data-center electricity needs continue to rise.
Enphase Energy (ENPH - Free Report) is not directly focused on data centers, but it may still benefit as businesses seek more reliable and flexible power systems. Enphase Energy offers commercial microinverters designed for three-phase electrical setups commonly used in larger facilities. Enphase Energy also provides battery storage and energy-management tools that can support backup power, control electricity use and allow customers to expand their energy systems as their needs grow.
The Zacks Rundown on FCELShares of FuelCell Energy have surged more than 180% over the past six months, breezing past the industry's growth.
Image Source: Zacks Investment Research
FCEL currently has an average brokerage recommendation (ABR) of 2.78 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by nine brokerage firms.
Image Source: Zacks Investment Research
The chart below shows FCEL’s earnings over the past four quarters.
Image Source: Zacks Investment Research
The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways Lam Research targets record Q4'26 revenues of $6.6B after posting $5.84B in the third quarter.AI chip demand is driving investments in advanced DRAM, HBM and leading-edge foundry technologies.LRCX's advanced packaging sales are expected to grow by over 50% in 2026 as AI processors become more complex. Lam Research Corporation (LRCX - Free Report) is slated to report its fourth-quarter fiscal 2026 results in late July, and investors must be wondering if the company will reach its record revenue target of $6.6 billion. We believe that the ongoing boom in artificial intelligence (AI) chips could help Lam Research achieve that goal. Demand for advanced semiconductor equipment continues to rise as chipmakers expand capacity for AI processors, high-bandwidth memory (HBM) and next-generation logic devices.
Lam Research delivered strong momentum in the third quarter of fiscal 2026. Revenues increased 24% year over year to a record $5.84 billion, while systems revenues climbed to $3.73 billion. Non-GAAP earnings per share jumped 41% and reached a record $1.47, while non-GAAP gross margin improved 90 basis points to 49.9%, reflecting a favorable product mix and operational execution. These results provide a solid foundation for another quarter of growth.
AI is becoming LRCX’s biggest growth engine. The company is benefiting from rising investments in advanced DRAM, HBM and leading-edge foundry technologies, all of which require Lam Research’s etch and deposition equipment. Management also expects advanced packaging revenues to grow more than 50% in calendar year 2026 as AI processors become more complex and require sophisticated chip integration technologies.
Industry conditions remain favorable. Lam Research estimates global wafer fabrication equipment spending of approximately $140 billion in calendar year 2026, reflecting stronger AI-related investments across memory and logic markets. The company also expects industry growth to continue into 2027.
If AI infrastructure spending remains robust and customers continue expanding advanced chip production, Lam Research appears well-positioned to achieve its record fourth-quarter sales target and sustain its strong growth momentum. The Zacks Consensus Estimate for fourth-quarter fiscal 2026 revenues is currently pegged at $6.67 billion, higher than the midpoint of management’s guidance range and indicating a year-over-year increase of more than 29%.
Lam Research’s Rivals Also Benefit From AI Chip DemandLRCX’s main competitors, Applied Materials, Inc. (AMAT - Free Report) and KLA Corporation (KLAC - Free Report) , are also benefiting from the AI chip boom. Both companies have broad exposure to advanced semiconductor manufacturing and are seeing strong demand from AI-related investments.
Applied Materials is Lam Research’s closest rival in wafer fabrication equipment. The company generated revenues of $7.91 billion in the second quarter of fiscal 2026, with its Semiconductor Systems segment contributing the majority of sales. Applied Materials reported record DRAM revenue and continues to benefit from growing demand for advanced logic, HBM and advanced packaging solutions used in AI servers. Its broad product portfolio positions it to capture a significant share of rising semiconductor capital spending.
KLA Corporation competes through inspection and process control equipment, which are essential for manufacturing advanced AI chips. The company’s third-quarter fiscal 2026 revenues increased 11.5% year over year to $3.42 billion as it continues to benefit from increasing process complexity at leading-edge nodes. As AI processors and HBM stacks require tighter quality control and higher production yields, KLAC's inspection tools are becoming increasingly important.
For Lam Research, sustaining record quarterly revenues will depend on maintaining its leadership in etch and deposition technologies while competing effectively with Applied Materials and KLA Corporation across the rapidly expanding AI semiconductor ecosystem.
LRCX’s Share Price Performance, Valuation and EstimatesShares of Lam Research have surged 104.6% year to date compared with the Zacks Electronics – Semiconductors industry’s rise of 50.3%.
Lam Research YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, Lam Research trades at a forward price-to-earnings ratio of 43.81, significantly higher than the industry’s average of 33.34.
Lam Research Forward 12-Month P/E Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Lam Research’s fiscal 2026 and 2027 earnings implies a year-over-year increase of approximately 37.2% and 39.6%, respectively. Estimates for fiscal 2026 have been revised upward over the past 30 days, while estimates for fiscal 2027 have been raised northward over the past seven days.
Image Source: Zacks Investment Research
Lam Research currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are down 4% to $104.97 in Monday morning trading, while Advanced Micro Devices (NASDAQ:AMD) stock is off 4% to $533.58 and Applied Materials (NASDAQ:AMAT) shares are down 4% to $581. The selling started at the open and leveled out into mid-morning.
The move caps a blistering run for the chip complex. Intel stock is up 182% year to date (YTD), AMD shares are up 147%, and Applied Materials shares have gained 126%. With the NASDAQ 100 down 1.28% on the session, the broader tech tape has weakened alongside semis, amplifying the profit-taking impulse.
Memory Rout and Oil Spike Hit Chip Complex The immediate trigger came from Asia. South Korean brokerage KIS published a Q2 2026 profit estimate for SK Hynix that landed 8% below consensus, citing slow HBM4 shipments and heavy reliance on high-bandwidth memory. SK Hynix shares fell 15% on the Korean exchange, dragging Samsung and the KOSPI, which slid 9% and triggered a brief trading halt.
The read-through was swift. Applied Materials, which counts SK Hynix as a key HBM and DRAM equipment customer, absorbed the biggest hit in the group. NVIDIA (NASDAQ:NVDA) stock and Broadcom (NASDAQ:AVGO) stock each declined 2% as memory-cycle worries rippled across the AI hardware complex.
Adding to the pressure, renewed U.S.-Iran fighting over the Strait of Hormuz sent crude sharply higher. WTI crude oil is up 3.64% over the past 24 hours to $74.01 a barrel, which is a concern as rising energy costs pressure semiconductor margins and stoke broader macro risk-off flows.
Sector Proxy and Equipment Names Under Pressure The iShares Semiconductor ETF (NASDAQ:SOXX) is down 4% to $555.93, mirroring the sector drawdown. The fund is concentrated in the exact names caught in today’s selloff, so its beta to memory and AI-hardware sentiment is elevated. It does not use leverage, but concentration risk is meaningful.
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Lam Research (NASDAQ:LRCX) stock, another equipment maker with heavy memory exposure, is down 5% to $332.95. Lam’s South Korea revenue of $1.34 billion underscores the direct SK Hynix read-through for the picks-and-shovels equipment group.
Bull and Bear Case on Intel For Intel as the primary mover, the bull case rests on an AI-driven chip cycle that has already delivered. Intel’s Q1 2026 revenue rose 7% year over year (YoY) to $13.58 billion, and the Data Center and AI segment grew 22% YoY under CEO Lip-Bu Tan. Polymarket contracts assign a 67% probability to Intel topping its next quarterly report.
The bear case is what Monday is pricing in. Memory-cycle risk flagged by the SK Hynix estimate, oil-driven macro pressure, and rich valuations after Intel’s 361% one-year gain all argue for caution. Investors should consider keeping their position sizes modest given the daily volatility on names that have tripled or more from year-ago levels.
What to Watch Watch for whether WTI crude oil stabilizes below $75 and whether SK Hynix finds a floor overnight in Seoul. Any further escalation around the Strait of Hormuz could keep the risk premium in oil elevated, extending pressure on the chip complex.
The next catalyst is earnings. Intel’s Q2 2026 earnings report is due later this month, and Polymarket contracts on the release expire July 23. That report may reset the memory-versus-AI-compute debate for the whole group, and investors can watch it closely for margin and Data Center guidance.
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NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP highlights the contrast between Zoetis Inc.'s (NYSE: ZTS) promises to investors and the reality that emerged across four corrective disclosures. Shareholders who purchased ZTS securities between January 14, 2025 and May 6, 2026 and suffered losses may be entitled to compensation. Find out if you can recover your investment losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
Zoetis shares fell $23.91 following the disclosure of intensified competition and slowing growth, a 21.5% single-day decline. The lead plaintiff deadline is July 27, 2026.
The Promise
Throughout the Class Period, Zoetis projected confidence across its Companion Animal portfolio, the lawsuit contends. The Company characterized Librela as "the best launch ever in animal health" with "significant value continuing." Management projected the dermatology total addressable market would reach $2.5 billion by 2028 at an 11% compound annual growth rate. Simparica Trio was described as "the trusted first choice for veterinarians and pet owners alike," and management claimed the franchise was gaining patient share even as competitors entered the market.
The Reality
By Q1 2026, every pillar of this growth narrative had fractured, the complaint alleges:
Librela: Veterinarian adoption weakened sharply following the FDA's December 2024 "Dear Veterinarian" letter citing seizures, paresis, and deaths in treated dogs. Growth deteriorated significantly by Q1 2026Simparica Trio: Lost meaningful market share to Elanco's lower-priced Credelio Quattro, which offered broader tapeworm coverage Trio lackedApoquel / Cytopoint: Suffered substantial share losses to Elanco's Zenrelia, marketed as comparable or superior at a lower price pointPatient Volume: Management admitted "declining patient volume in the clinic" was amplifying share lossesPrice Sensitivity: The Company conceded that "price has played a larger role in the decision process," contradicting prior assertions of brand loyalty insulating the portfolio
The Numbers: Promised vs. Actual
MetricWhat Zoetis Told InvestorsWhat Actually HappenedLibrela trajectory"Most successful launch in our history"Growth deteriorated significantly; vets became cautious after FDA safety warningsSimparica Trio share"Continuing to gain share" with 40% puppy penetrationSignificant market share loss to lower-priced competitorDermatology franchise"Durable" portfolio with "minimal patient share impact" from competitionSubstantial share losses; admitted "derm market with declining patient volume"GuidanceRaised full-year guidance August 2025Sharply reduced guidance May 2026Competitive impact"Very limited impact" from new entrantsAdmitted competition "intensified across key pet care categories" Speak with an attorney about whether you qualify for recovery or call (212) 363-7500.
What the Lawsuit Alleges About the Gap
"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. The gap between what Zoetis projected and what materialized raises serious questions about what management knew and when they knew it," stated Joseph E. Levi, Esq.
The action contends that while management publicly projected durable growth, leadership knew or recklessly disregarded that safety concerns, competitive losses, and declining veterinarian confidence were already eroding the foundations of every projection they made to the investing public.
LEAD PLAINTIFF DEADLINE: July 27, 2026
Act now to protect your rights in the Zoetis securities action or contact Joseph E. Levi, Esq. at (212) 363-7500.
Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the ZTS Lawsuit
Q: When did Zoetis allegedly mislead investors? A: The class period runs from January 14, 2025 to May 6, 2026. During this period, the complaint alleges Zoetis made materially false or misleading statements about its Companion Animal product portfolio's competitive strength and growth sustainability. When the true state was revealed through four corrective disclosures, the stock price declined sharply.
Q: How much did ZTS stock drop? A: Shares fell approximately 21.5% on the final corrective disclosure alone, a decline of $23.91 per share on May 7, 2026.
Q: What do ZTS investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my ZTS shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Ross Stores (ROST - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Ross Stores is a member of our Retail-Wholesale group, which includes 187 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Ross Stores is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ROST's full-year earnings has moved 5.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, ROST has moved about 23.7% on a year-to-date basis. At the same time, Retail-Wholesale stocks have gained an average of 0.9%. This means that Ross Stores is performing better than its sector in terms of year-to-date returns.
Another stock in the Retail-Wholesale sector, Texas Roadhouse (TXRH - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 14.2%.
The consensus estimate for Texas Roadhouse's current year EPS has increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Ross Stores belongs to the Retail - Discount Stores industry, a group that includes 7 individual companies and currently sits at #23 in the Zacks Industry Rank. On average, stocks in this group have gained 7.7% this year, meaning that ROST is performing better in terms of year-to-date returns.
On the other hand, Texas Roadhouse belongs to the Retail - Restaurants industry. This 36-stock industry is currently ranked #175. The industry has moved +2.4% year to date.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Ross Stores and Texas Roadhouse as they could maintain their solid performance.
The 30-year fixed rate mortgage ticked up to 6.49% this week, according to Freddie Mac. After peaking at around 7.8% in late 2023, the primary mortgage rate had been drifting lower in recent years, in fits and starts. It dropped just below 6% in February of this year, the first time it was below that level since 2022.
Since then, the borrowing rate has been rising again. While the Federal Reserve sets very short-term interest rates, mortgage rates tend to follow the yield on the 10-year Treasury. That yield has been rising all year and jumped dramatically in July as ongoing fighting in the Persian Gulf threatens to send oil prices higher again, and inflation with them.
That's bad news for both homebuyers and homebuilders, as it makes homes even less affordable. Home prices hit an all-time high last month, up 1.8% in June from a year earlier, to a median price of $440,600.
As a result, the stocks of major homebuilders, including Lennar (LEN 0.70%), D.R. Horton (DHI 0.58%), PulteGroup (PHM 1.10%), and NVR (NVR 0.90%), are all down over the past week.
Today's Change
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-0.70
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-0.59
Current Price
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83.68
There's a huge shortage of available homes The question for investors is: When will they get a break?
Probably not soon. The housing industry has struggled since the 2008 financial crisis, as not enough homes have been built over nearly two decades to meet demand. Late last year, Goldman Sachs estimated that at least 3 million to 4 million new homes need to be built, beyond normal construction, to address the housing supply shortage and boost affordability.
The industry has been in an even worse slump since 2022, when mortgage rates began to climb as the pandemic receded. For more than a decade before the pandemic, mortgage rates remained below 5%, and many homeowners were able to lock in low rates by refinancing their home loans. Now, many of those homeowners are more reluctant to move because they would have to take on greater interest expenses on new loans.
Image source: Getty Images.
Goldman Sachs says land-use restrictions are the biggest constraint on housing supply growth. Congress just passed bipartisan legislation that became law this week to make it easier to build houses. It includes several provisions to make more land available for homebuilding.
That will likely help the ailing housing industry, at least a bit. But until mortgage rates come back down -- which probably can't happen until the war in the Persian Gulf ends and inflation falls back to near the Federal Reserve's 2% target -- I don't see homebuyers or homebuilders getting much relief. Right now, investing in homebuilder stocks is very risky.
Matthew Benjamin has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends D.R. Horton, Goldman Sachs Group, Lennar, and NVR. The Motley Fool has a disclosure policy.
The White House says the investments reflect the administration’s America First manufacturing agenda. For investors, however, the bigger question may be simpler: Which stock looks like the best buy?
Three Companies, Three Very Different Investment ProfilesToyota is investing $3.6 billion to shift Tacoma pickup truck production from Mexico to its San Antonio, Texas, plant. Micron pledged another $3 billion toward its U.S. manufacturing expansion, while General Motors announced a $275 million domestic investment commitment.
While the announcements share the same theme—more manufacturing in America—the stocks tell three very different stories.
Toyota Quietly Leads the PackAt first glance, Micron appears to have the strongest momentum.
Toyota presents almost the opposite profile.
The automaker earns a 99.44 Value score—one of the highest in the market—along with an equally impressive 98.75 Quality score and an 84.09 Growth score. Its only weak spot is Momentum, indicating the stock hasn’t participated in the kind of rally seen across many AI-linked names.
GM Sits Between the TwoGeneral Motors lands somewhere in the middle.
Its 71.94 Value score suggests it still screens as relatively inexpensive, while a 66.75 Momentum score points to respectable recent performance. However, the automaker trails both Toyota and Micron in Growth and Quality, making it a less balanced investment profile according to the rankings.
The Bigger Investment StoryThe White House is highlighting billions of dollars flowing into American factories.
Wall Street, however, may be paying closer attention to where investors can find the best combination of value, quality, growth and momentum.
Among the three companies making this week’s biggest U.S. manufacturing commitments, Toyota stands out as the strongest all-around fundamental play, while Micron remains the momentum favorite fueled by the AI boom. General Motors offers a traditional value proposition but doesn’t score as consistently across the broader ranking system.
Image via Shutterstock
Market News and Data brought to you by Benzinga APIs
There are several reasons not to buy a Rivan. And the list is growing.
Rivian (NASDAQ: RIVN | RIVN Price Prediction) has won several awards as one of the best SUVs. But when it comes to the gold standard of quality measurements, that starts to fall apart. In the JD Power U.S. Initial Quality Survey 2026, there are 246 problems per 100 vehicles owned over the first 90 days of ownership. It is one of the brands marked “it does not meet award criteria.” Power decided to publish it nevertheless. And the press that covers cars jumped on the low-quantity numbers. The number was worse than that of any of the brands evaluated. I use J.D. Power when I shop for cars.
The new R2 SUV is supposed to save the company. Rivian says its base price will be $44,990. Recently, it launched the Performance Launch Edition priced at $59,485. The less expensive model will be released later. So, it is hard to evaluate whether it can measure up to what Rivian says it will
In the meantime, I can buy the R1S SUV, which has a base price of $83,990. It has seven seats. And the R1T pickup costs $79,990. Add a few features, and the prices move above $100,000. The sticker shock gets unbelievable.
Rivan doesn’t have many service centers. So, where should they go for service? In Texas, the second most populous state in America, Rivan has four. It has one in Arizona. However, Rivian has a service called its Mobile Service. Rivian Technicians staff it. The company says, “We prioritize the safety of our technicians and owners by limiting repairs to what’s safe in a Mobile Service environment.”
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Rivan has a management problem, based on its results. RJ Scaringe is the founder and CEO. He has voting control of the company. It is not certain whether that was true since he got divorced. In the meantime, he received a $406 million pay package. That is a lot for the CEO of a company that has lost billions of dollars.
One of the things that worries me most is how long Rivian will be around. The company says it has enough cash to stay in business for years. However, in the second quarter, it produced only 12,613 vehicles. In the first quarter, it lost $416 million on revenue of $1.38 billion.
Finally, I usually agree with the view Wall St. has of a company. Rivan’s stock is down 11% this year. The drop since it went public is 87%.
If I’m going to buy an EV SUV, I’d rather get one of the few F-150 Lightnings Ford (NYSE: F) has left. At least I’m sure it can get serviced–for decades.
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As the Robinhood Chain took the Ethereum (ETH) Layer Two (L2) ecosystem by storm as of July 13, a crypto trader turned $85 into more than $2 million with a meme coin dubbed Cash Cat (CASHCAT).
The crypto trader (0xeee2) spent about 0.05 ETH, valued at around $85, to purchase 17.5 million CASHCAT on June 18, via Robinhood Chain. The position, acquired before the chain’s public mainnet on July 1, exploded in value after Vlad Tenev, CEO at Robinhood Markets, Inc. (Nasdaq: HOOD), supported meme coins on the network.
Tenev noted that the network “works great for memes too,” thereby sparking massive buying interest for CASHCAT. As the meme coin’s market capitalization surged above $140 million in early July, the crypto trader held more than $2 million in unrealized profits.
The crypto trader has since sold portions of the CASHCAT stack but still retains the majority of it, according to on-chain data tracker Bubblemaps. Meanwhile, the trader holds over 13.8 million CASHCAT, valued at over $2.07 million at press time, as per metrics from Lookonchain.
Crypto trader benefits from a TradFi-focused chain The crypto trader has made a fortune from Robinhood Chain, which focuses on tokenizing Traditional Finance (TradFi) products. Since its launch, the Robinhood Chain has gradually become a major TradFi ecosystem.
Moreover, Robinhood Chain has attracted over $290 million in stablecoins, $134 million in Total Value Locked (TVL), 12 million in Real-world Assets (RWAs), and $4 billion in cumulative Decentralized Exchange (DEX) volume, as per an update from DeFiLlama.
What’s next for the CASHCAT meme? The CASHCAT’s price outlook could be affected by Robinhood Chain’s growth momentum and exchange listings. At press time, the meme token was traded heavily on Uniswap V3, MEXC, and Meteora DLMM.
As such, CASHCAT has seen its market cap grow to nearly $156.71 million at the time of publication. If the memecoin continues to attract more traders following the extreme profits of early investors, it could rally further and outshine top Solana (SOL) meme coins in the near future, and vice versa.
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: UiPath (PATH - Free Report) UiPath, Inc. provides an end-to-end enterprise automation platform that combines robotic process automation with AI to help organizations discover, build, and operate software automations at scale. The UiPath Platform enables users to automate tasks across user interfaces, APIs, and documents, and to orchestrate digital workers that collaborate with people. Core capabilities include AI-powered document understanding, low-code design tools, process mining to identify automation opportunities, automated testing, analytics, and centralized governance. The company was first established in Bucharest, Romania in 2005 and incorporated in Delaware in 2015. Its principal executive offices are at One Vanderbilt Avenue, New York, NY.
PATH is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Computer and Technology stock. PATH has a Momentum Style Score of A, and shares are up 10.7% over the past four weeks.
Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.01 to $0.80 per share. PATH also boasts an average earnings surprise of +30.5%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, PATH should be on investors' short list.
The market expects Steel Dynamics (STLD - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 20, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis steel producer and metals recycler is expected to post quarterly earnings of $3.66 per share in its upcoming report, which represents a year-over-year change of +82.1%.
Revenues are expected to be $5.46 billion, up 19.5% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 7.3% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Steel Dynamics?For Steel Dynamics, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.00%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Steel Dynamics will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Steel Dynamics would post earnings of $2.79 per share when it actually produced earnings of $2.78, delivering a surprise of -0.36%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Steel Dynamics doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Rocket Lab stock is taking a hit today. What’s weighing on RKLB shares? Rocket Lab Technical Analysis: Key Levels To WatchRocket Lab is in a longer-term uptrend but a shorter-term downtrend: it’s up 81.65% over the past 12 months, yet it’s trading 16.5% below its 20-day SMA and 26.8% below its 50-day SMA. At the same time, the stock is still 1.8% above its 200-day SMA, which keeps the bigger-picture trend from fully breaking down. The 200-day SMA is a critical support level for Rocket Lab that needs to hold to keep the longer-term uptrend in tact.
MACD is the cleaner momentum lens right now, and it’s below its signal line with a negative histogram—plainly, that suggests upside pressure is fading unless buyers can reassert control. The 20-day SMA sitting below the 50-day SMA reinforces that near-term trend pressure, even though the 50-day SMA remains above the 200-day SMA (a longer-term bullish backdrop).
Key Support: $76.92 — the 200-day SMA acting as a nearby pivot area where the stock could look to stage a sharp rebound The most important "line in the sand" is the 200-day area: shares are 1.8% above the 200-day SMA ($76.92) and slightly below the 200-day EMA ($78.92), so this zone is acting like a live battleground between longer-term holders and sellers.
Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $104.73 (high: $135.00; low: $60.00) across 27 analysts. Recent analyst moves include:
B of A Securities: Buy (Raises Target to $115.00) (June 30) Cantor Fitzgerald: Overweight (Maintains Target to $96.00) (June 30) Citizens: Market Outperform (Raises Target to $130.00) (June 30) Looking further out, the next major catalyst for the stock arrives with the August 6, 2026 (estimated) earnings report.
EPS Estimate: Loss of 7 cents (Up from loss of 13 cents YoY) Revenue Estimate: $231.79 million (Up from $144.50 million YoY) The Benzinga Edge scorecard for Rocket Lab shows a strong momentum score.
Momentum: Bullish (Score: 89.64) — Despite today’s pullback, the longer-term trend profile still screens as strong versus the broader market. The Verdict: Rocket Lab’s Benzinga Edge signal reveals a momentum-driven story, with the scorecard leaning heavily on trend strength rather than value or quality factors. With price now hovering around the 200-day area, traders will likely treat any reclaim of near-term moving averages as confirmation, and any loss of that long-term support zone as a risk-off trigger.
RKLB Shares Slide MondayRKLB Price Action: Rocket Lab shares were down 3.81% at $77.95 at the time of publication on Monday, according to Benzinga Pro.
Image: courtesy of Rocket Lab.
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Shares of SpaceX (NASDAQ:SPCX) are down 5% to $138.58 in early Monday trading, a fresh record low that sits below the $150 debut price and well off the $225 peak on June 16. The slide extends a bruising stretch for the stock, which had already dropped 10% over the prior week.
Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) is off 4% to $78.10, and AST SpaceMobile (NASDAQ:ASTS) is down 5% to $69.82. The Procure Space ETF (NYSEARCA:UFO), the sector’s cleanest proxy, is down 2% to $46.
The backdrop is risk-off market sentiment. The Strait of Hormuz conflict has lifted the WTI crude oil price and pushed the NASDAQ 100 down 1.09%, pressuring high-beta, pre-profit names first. WTI crude oil spiked 4.41% over the past 24 hours to $74.56 per barrel.
China Rocket Milestone Rattles the SpaceX Trade Bernstein named China SpaceX’s “leading competitor” after China’s Long March 10B landed a reusable first-stage booster on July 10, the country’s first orbital-class booster recovery using a sea-based net-and-hook platform. That milestone punctures the narrative that reusability is a uniquely American moat.
Bernstein maintained an Outperform rating and a $239 price target, arguing SpaceX still leads by a wide margin with about 165 launches last year and nearly a decade of Falcon 9 reuse, while China has one landing and has not demonstrated booster reuse. The Street average SPCX stock price target sits near $242, and Raymond James carries a high $800 target.
The bear case is the valuation debate. SpaceX shares now trade below their IPO price, and critics call the multiple speculative given a a large market cap against a private operating business investors cannot model directly. The bull case leans on launch cadence dominance, Starlink cash flow, and scarcity value in a listed vehicle.
Rocket Lab Slides Despite a Space Force Win Rocket Lab stock is falling despite positive news for the company, which underscores the macro nature of today’s move. The company announced full mission success on the U.S. Space Force VICTUS HAZE responsive-space demo, launching within 16 hours 42 minutes of notice, a record. Bank of America (NYSE:BAC) carries a Buy rating and a $115 target following its latest acquisition plan.
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The fundamentals remain firm. Rocket Lab’s recent quarterly revenue showed strong year-over-year growth, and backlog remains substantial. Yet, Rocket Lab shares have still shed 24% over the past month as the sector de-rated.
AST SpaceMobile Pulled Along on Sector Rotation AST SpaceMobile stock is also lower despite the company’s own good news. The company received a New Zealand gateway license effective today and has BlueBird 11 at Cape Canaveral ahead of an August launch. It is targeting 45 satellites by year-end with agreements covering roughly 60 mobile operators.
The stock’s beta cuts both ways. ASTS shares are still up 55% over the past year, but they have given back 13% in the past week as oil-driven risk aversion hits speculative growth names.
What to Watch The read-through is that SpaceX stock is leading the drop on the China competition scare and valuation fatigue, while Rocket Lab and AST SpaceMobile stocks are dropping in sympathy despite constructive company-specific news. That reflects sector rotation rather than a fundamentals downgrade.
For SpaceX, the cautious approach is to limit one’s position sizing. The stock is a fresh IPO trading below issue, and the analyst target dispersion between $242 and $800 reflects genuine uncertainty about how to price a launch monopoly against an awakening Chinese rival.
Investors can watch for whether crude retreats further, whether SPCX stock defends its debut price, and whether Bernstein or peers revisit their view on SpaceX after the Long March data. For now, the UFO ETF is a simple gauge of whether today’s selloff broadens or fades into the close.
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Enphase Energy (ENPH - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this solar technology company have returned -17.9% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Solar industry, to which Enphase Energy belongs, has lost 6.8% over this period. Now the key question is: Where could the stock be headed in the near term?
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 RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Enphase Energy is expected to post earnings of $0.46 per share for the current quarter, representing a year-over-year change of -33.3%. Over the last 30 days, the Zacks Consensus Estimate has changed -6.3%.
The consensus earnings estimate of $2.1 for the current fiscal year indicates a year-over-year change of -29.1%. This estimate has changed -1.2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2.53 indicates a change of +20.4% from what Enphase Energy 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, Enphase Energy 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
Revenue Growth ForecastEven 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.
In the case of Enphase Energy, the consensus sales estimate of $292.17 million for the current quarter points to a year-over-year change of -19.6%. The $1.22 billion and $1.34 billion estimates for the current and next fiscal years indicate changes of -17% and +9.9%, respectively.
Last Reported Results and Surprise HistoryEnphase Energy reported revenues of $282.9 million in the last reported quarter, representing a year-over-year change of -20.6%. EPS of $0.47 for the same period compares with $0.68 a year ago.
Compared to the Zacks Consensus Estimate of $283.56 million, the reported revenues represent a surprise of -0.23%. The EPS surprise was +9.3%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
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.
Enphase Energy is graded D 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 Enphase Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
When The War Trade Didn’t Work The reflex is familiar. Shooting starts, defense stocks rip. That script broke this year. The Iran conflict began Saturday, February 28, 2026, so the first trading day for a fresh position was Monday, March 2, 2026. An investor who bought Lockheed Martin (NYSE: LMT | LMT Price Prediction) that morning has watched the position bleed lower, even as the conflict dragged on and munitions demand stayed loud.
The business itself did not go quiet. Lockheed posted a record $194B backlog exiting 2025, ramped F-35 deliveries, and signed a seven-year PAC-3 framework. CEO Jim Taiclet talked up F-35, F-22, and Black Hawk performance during Operation Absolute Resolve. Then a soft Q1 2026 report on April 23 (EPS of $6.44, missing the $6.70 expectation, operating cash flow crashing to $220M from $1.41B) reset the mood, and the stock never regained footing.
Your $10,000 Is Underwater Here is how the trade actually performed, using adjusted closes.
Iran Conflict Window (March 2, 2026 to July 10, 2026)
Initial Investment: $10,000 LMT Start Price: $672.21 LMT End Price: $523.22 Total Return: -22.16% (a loss) Peer check: Northrop Grumman (NYSE:NOC) -29.42%, L3Harris (NYSE:LHX) -22.60%, iShares U.S. Aerospace & Defense ETF (NYSEARCA:ITA) -4.47%, General Dynamics (NYSE:GD) +3.75% For the longer-horizon context on LMT alone:
1-Year Return: +15.75% 5-Year Return: +56.27% 10-Year Return: +167.81% A $10,000 stake placed on March 2 is now worth well under $8,000, and there was no late rescue. LMT fell another 4.16% in the week ending July 10. Two $3.45 dividend payments softened the sting slightly, but not meaningfully. I will not pretend to know exactly why the stock fell while missiles were flying. What is clear is that Northrop and L3Harris did worse, so this looks more like a sector reset than a Lockheed-specific unraveling.
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Would I Put New Money In Today? I would buy Lockheed here if I believe the FY26 guide holds ($77.5B to $80.0B revenue, EPS $29.35 to $30.25, FCF $6.5B to $6.8B), the Golden Dome and PAC-3 ramps convert backlog into cash, and the forward P/E of 17 against a $615.74 analyst target proves the recent drawdown was an overreaction.
I would avoid it if fixed-price program charges keep resurfacing (the Q2 2025 $1.6B in reach-forward losses is still fresh), if working capital keeps whipsawing free cash flow, and if defense budget politics get messy heading into FY27 appropriations.
My lean: cautiously constructive, but not in a rush. The dividend keeps paying, the backlog is real, and the peer group already priced in a lot of pain. I want one clean quarter of guidance-in-line execution before I add. Anyone catching this knife on the Iran headline learned an expensive lesson: geopolitics is not a stock thesis.
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NATO chief Mark Rutte is calling it the “Trump Trillion”—more than $1.21 trillion in additional defense spending by NATO allies since President Donald Trump‘s first term.
The ‘Trump Trillion’ Behind Defense StocksAccording to a White House fact sheet released following the NATO Summit in Ankara, allied nations have committed an additional $1.21 trillion to defense spending since Trump’s first term, including more than $120 billion in new spending last year alone.
The administration also highlighted that NATO allies purchased more than $54 billion in U.S. defense equipment in 2025, supporting American manufacturers and workers while shifting more of the alliance’s defense burden to Europe.
The White House says the latest commitments build on NATO members’ pledge to increase defense spending to 5% of GDP by 2035, a target Trump has repeatedly championed.
Lockheed, RTX, Boeing and Northrop Are Already Seeing the BenefitsThe summit wasn’t just about spending targets. It also produced a series of new defense partnerships involving some of America’s largest contractors.
Among the announcements:
The Investment CaseThe White House also announced roughly $3 billion in new defense-related deals and joint ventures unveiled during the summit, saying the initiatives will strengthen the U.S. defense industrial base while opening additional export opportunities for American companies.
While many of the agreements focus on expanding manufacturing capacity in Europe, they also reinforce demand for U.S.-designed defense systems at a time when NATO members are committing to significantly higher military spending.
For investors, that could mean the story extends well beyond a single summit. If NATO members follow through on their long-term spending commitments, companies such as Lockheed Martin, RTX, Boeing and Northrop Grumman could remain at the center of one of the largest defense procurement cycles in decades.
Image via Shutterstock
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Jerry McGinn, who runs the Center for the Industrial Base at CSIS, went on CNBC with a number that will define the defense trade for the rest of the year. Roughly $50 billion in deal announcements have come out of the NATO summit in recent days, as allies convert last year’s pledge to reach 5% of GDP defense spending by 2030 into actual purchase orders. Canada, Germany, and Norway are lining up behind U.S. primes. McGinn’s message to investors was blunt about what to trust and what to discount.
The $50 Billion in Fresh Deals The headline transaction is NATO buying the Triton unmanned surveillance aircraft from Northrop Grumman, alongside deals featuring European firms like Saab on ISR systems (Saab trades in Stockholm, not on a U.S. exchange, so American investors get the theme through the primes). Northrop Grumman (NYSE:NOC | NOC Price Prediction) already booked $400 million in Triton awards in Q1 and is expanding B-21 production capacity with the Air Force. Its backlog stands at $95.6 billion, and management reaffirmed FY26 sales of $43.5 to $44.0 billion.
The stock is down 7.5% year to date, which tells you the market has not fully priced the NATO order book. Analyst consensus target is $689.33, against a current price near $541, with shares trading at a forward P/E of 19x.
The Commitment-to-Contract Gap Investors Have to Watch McGinn’s investor test is the whole ballgame. “What investors need to be looking at is how does this translate into actual real business contracts?” He flagged three hurdles. U.S. congressional approval comes first, then European parliamentary approval, then actual contracting. Pledges are cheap. Contracts show up in backlog.
Lockheed Martin (NYSE:LMT) is the clearest example of pledge-to-paper conversion. In its Q1 filing, CEO Jim Taiclet said the company signed framework agreements for advanced Patriot Missile, THAAD, and PrSM that will support raising production rates to 3 to 4 times current levels. That is a multi-year purchase commitment. Lockheed’s backlog closed 2025 at a record $194 billion. General Dynamics (NYSE:GD) shows the same conversion, with a consolidated Q1 book-to-bill of 2-to-1 and total estimated contract value climbing to $188.4 billion from $178.9 billion. GD shares are up 9.75% YTD and 23% over the past year, so much of the good news is already in.
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New Money Spigots and Where Munitions Cash Lands The financing side is where things get interesting. McGinn pointed to Canadian Prime Minister Carney’s newly announced defense bank and the expanded U.S. loan authority as tools designed to attract private capital to the industrial base. The Pentagon’s FY2027 request backs this up with real dollars. The DoW budget book earmarks $20.2 billion for the Defense Credit Account and over $100 billion in Defense Industrial Base investments, including $72.3 billion for Industrial Base Analysis and Sustainment and Defense Production Act Title III. That is munitions and hypersonics money.
Which brings you to Kratos Defense & Security Solutions (NASDAQ:KTOS), the pure-play beneficiary. CEO Eric DeMarco told investors on the Q1 call that “Fiscal 2027 National Security spend is currently projected to be $1.5 trillion, an approximate $400 billion increase above Fiscal Year 2026” and that the Department plans to spend the entire $156 billion Reconciliation Bill defense funding in fiscal 2026, covering Kratos’ Valkyrie CCA, solid rocket motors, and hypersonics.
Kratos beat Q1 EPS estimates by 23%, raised FY26 revenue guidance to $1.70-$1.76 billion, and announced a 100,000-square-foot expansion in Oklahoma City to boost Valkyrie production. The catch is valuation. The stock trades at a forward P/E of 62x and is down 39% YTD from its highs.
McGinn’s framework is the right one. Watch backlogs. Congressional and parliamentary votes come first, then contracts, then revenue. That sequence decides whether $50 billion of headlines becomes real EPS.
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Dynatrace (DT - Free Report) Dynatrace provides an AI-powered observability and application security platform that unifies data, context, and automation to help enterprises monitor, secure, and optimize modern software environments. The platform integrates with hyperscalers (AWS, Azure, Google Cloud) and supports hybrid/on-premises systems, including mainframes. Customers primarily use SaaS, with an optional self-managed Dynatrace Managed for data sovereignty.
DT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Computer and Technology stock. DT has a Momentum Style Score of B, and shares are up 7.2% over the past four weeks.
Nine analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.04 to $1.95 per share. DT also boasts an average earnings surprise of +7.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, DT should be on investors' short list.
Coursera (COUR - Free Report) closed the last trading session at $5.71, gaining 6.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.91 indicates a 38.5% upside potential.
The mean estimate comprises 11 short-term price targets with a standard deviation of $1.5. While the lowest estimate of $5.50 indicates a 3.7% decline from the current price level, the most optimistic analyst expects the stock to surge 75.1% to reach $10.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in COUR. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why COUR Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 181.5%, as four estimates have moved higher compared to no negative revision.
Moreover, COUR currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much COUR could gain, the direction of price movement it implies does appear to be a good guide.
Wall Street expects a year-over-year decline in earnings on higher revenues when Zions (ZION - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 20. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis financial holding company is expected to post quarterly earnings of $1.57 per share in its upcoming report, which represents a year-over-year change of -0.6%.
Revenues are expected to be $879.16 million, up 3.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.83% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Zions?For Zions, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.53%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Zions will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Zions would post earnings of $1.43 per share when it actually produced earnings of $1.56, delivering a surprise of +9.09%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Zions appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal fourth quarter and full year 2026 financial results on Tuesday, August 11, 2
Key Takeaways Amcor is expanding its Dongguan facility with a 7,000-square-meter manufacturing site and automated warehouse.AMCR will add advanced automated equipment to boost production capacity and improve operational efficiency.Amcor expects the China facility expansion to complete by July'27 and strengthen supply-chain resilience. Amcor plc (AMCR - Free Report) announced that it started an expansion project at its flexible packaging solutions facility in Dongguan, China. This move will boost AMCR’s manufacturing network to better support its customers across the Asia Pacific region.
Details of Amcor’s Facility Expansion in ChinaAmcor has a 30-year history of operating in China, with 23 manufacturing sites and two research and development centers nationwide. The investment in Dongguan expansion underscores Amcor's commitment to a key growth market.
As part of the expansion project, the company will add a 7,000-square-meter manufacturing facility and an automated warehouse to its existing campus. This will take the total campus to more than 38,000 square meters, boosting Amcor’s production capacity and supply-chain resilience in a key South China industrial hub.
The expanded facility will employ automated solvent-free laminators, high-speed bag-making machines and automated bag arranging systems, aiding increased production capacity and improved operational efficiency. These technologies will further support the production of recyclable packaging for food, home and personal care applications.
The company expects the construction of the facility to be completed by July 2027.
AMCR’s Focus to Advance Sustainable Packaging SolutionsOn June 29, Amcor announced a partnership with Kelpi to develop advanced coating technologies that will boost the company’s performance and sustainability of packaging materials. This move is in sync with AMCR’s strategy to focus on developing sustainable packaging solutions with high functional standards.
Kelpi’s proprietary coating technology platform, which is a bio-based seaweed material designed to deliver high barrier performance. It is also compatible with recycling streams for fiber-based packaging.
Amcor is testing the technology to expand its AmFiber portfolio, ensuring these fiber-based solutions meet strict requirements for barrier performance, high running speeds and circularity. By using bio-based coatings, Amcor will gain from the reduced reliance on fossil fuel-derived feedstocks and greater use of renewable resources. This will result in a lower carbon footprint.
Amcor’s Q3 PerformanceAMCR delivered third-quarter fiscal 2026 adjusted earnings of 96 cents per share, rising 6% year over year and meeting the Zacks Consensus Estimate. Reported net sales climbed 77% from the year-ago quarter to $5.91 billion and beat the consensus mark of $5.69 billion.
Results reflected the first full year of the Berry combination and continued integration progress, including $77 million of acquisition synergies in the quarter, along with cost and productivity actions that supported profitability.
AMCR’s Price PerformanceOver the past year, the company’s shares have lost 4.7% compared with the industry’s 4.3% decline.
Image Source: Zacks Investment Research
Amcor’s Zacks Rank & Stocks to ConsiderAMCR currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks from the Industrial Products sector are Helios Technologies, Inc (HLIO - Free Report) , Fastenal Company (FAST - Free Report) and Tennant Company (TNC - Free Report) . HLIO flaunts a Zacks Rank #1 (Strong Buy), and FAST and TNC carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Helios Technologies’ 2026 earnings is pegged at $2.89 per share. The company has a trailing four-quarter average earnings surprise of 15.7%. Helios Technologies’ shares have soared 134% in a year.
Fastenal has an average trailing four-quarter earnings surprise of 0.1%. The Zacks Consensus Estimate for FAST’s 2026 earnings is pinned at $1.23 per share, which indicates year-over-year growth of 13.1%. The company’s shares have grown 5.3% in a year.
Tennant has an average trailing four-quarter earnings surprise of 40.8%. The Zacks Consensus Estimate for TNC’s 2026 earnings is pinned at $5.12 per share. The company’s shares have gained 5.3% in a year.
Transaction utilizes pledge of equity structure in place of traditional property mortgages, enabling portfolio-level financing across 99 properties in 27 statesNew financing increases total debt commitments across Alterra’s fully discretionary IOS funds to more than $2 billionFacility delivers faster execution, lower transaction costs, and non-recourse, scalable capital for continued growth across Alterra’s IOS platform
The financing was secured by a portfolio of 99 IOS properties totaling 551 usable acres and nearly 2.1 million square feet of accompanying warehouse space. (Credit: Alterra IOS)
PHILADELPHIA, July 13, 2026 (GLOBE NEWSWIRE) -- Alterra IOS (“Alterra”), a prominent player in the industrial outdoor storage (“IOS”) sector that has acquired more than 495 sites nationwide, today announced the successful closing of a $400 million refinancing led by Truist Financial Corp. (NYSE: TFC) and KeyBank (NYSE: KEY), supporting the continued expansion of its growing industrial outdoor storage platform.
Secured by a portfolio of 99 IOS properties spanning 27 states, the financing was executed utilizing an equity pledge framework in place of traditional asset-level mortgages. The structure enables streamlined execution and portfolio-level underwriting. Of the total financing, Truist provided $225 million as Administrative Agent, Joint Lead Arranger and Active Bookrunner, and KeyBank National Association committed $175 million as Syndication Agent, Joint Lead Arranger and Active Bookrunner.
“This transaction reflects a shift toward more scalable, platform-based financing solutions in real estate,” said Scott Whittle, Chief Financial Officer at Alterra IOS. “For portfolios like IOS, which consist of a high volume of assets, traditional mortgage structures can be time- and cost-intensive. An equity pledge structure allows us to operate more efficiently by reducing legal and administrative burden, accelerating execution and preserving flexibility as we continue to grow the platform.”
“Structures like this are becoming more relevant as institutional capital seeks efficient ways to access fragmented sectors at scale,” said Kate Mooney, Alterra Senior Associate, Capital Markets. “As IOS portfolios have grown and matured, lenders have developed greater comfort underwriting diversified portfolios rather than individual assets. Equity pledge facilities reflect that evolution and provide both borrowers and lenders with a more practical and efficient financing solution.”
Collectively, the portfolio of 99 IOS properties totals 551 usable acres and nearly 2.1 million square feet of accompanying warehouse space. Each site is located in a major U.S. industrial and logistics corridor in core markets across California, Florida, Georgia, North Carolina and Texas.
This transaction comes on the heels of several significant funding transactions for Alterra, including a $244 million equity-based pledge issued by Blackstone Real Estate Debt Strategies (BREDs), $103 million in acquisition financing from PGIM (NYSE: PRU); and a $100 million revolving credit facility from Bank of Montreal (NYSE: BMO).
“Industrial outdoor storage has emerged as one of the most compelling segments within industrial real estate,” said Nadia Mahmoud, Managing Director, Real Estate Corporate Banking at Truist. “As the landscape continues to evolve, we’re seeing increasing demand for financing solutions that can match the scale and complexity of this asset class. We’re proud to deliver the flexibility and expertise that clients need to capitalize on this growing market.”
“IOS continues to benefit from durable demand fundamentals and a constrained supply environment, particularly in core logistics corridors,” said Joshua Mayers, Senior Vice President, KeyBank. “Alterra’s operational track record, and this portfolio’s quality, allowed Truist and KeyBank to provide a flexible and creative credit facility structure to support the Company’s continued growth.”
Alterra has raised more than $2 billion in institutional financing across its discretionary ventures, Alterra IOS Venture II ($524 million) and Venture III ($925 million), complementing $1.45 billion in equity raised for its closed-end funds.
Alterra has acquired more than 495 properties across 39 states as of Q2 2026, reinforcing its position as the industry’s leading owner and operator in a historically fragmented and undercapitalized asset class. As a vertically integrated investor, developer and operator of IOS, Alterra’s investment strategy focuses on acquiring prime IOS locations within dense, infill logistics and transportation gateways, ensuring proximity to critical infrastructure and end-users.
About Alterra IOS
Alterra’s industrial real estate platform, Alterra IOS, is dedicated to providing real estate solutions through property acquisition, development, management & leasing for tenants in the heavy industrial & outdoor storage space. Focused on low-building coverage sites with large, stabilized yard space to accommodate an array of uses such as vehicle, material, and equipment storage, Alterra brings an institutional comprehension of the municipal & logistical complexities in securing mission critical real estate in a sector of the U.S. industrial landscape. Over the past ten years, Alterra IOS has created tenant relationships in the transportation & logistics, vehicle storage, equipment rental, infrastructure services, and building materials industries through the acquisition or development of over 480 properties across 39 states as of Q2 2026. The dedicated team of investment, property management, construction, and asset management professionals provide tenants the resources to grow and improve their businesses on a national level.
Alterra IOS Manager is an investment adviser registered with the Securities and Exchange Commission. Registration as an investment adviser does not imply a certain level of skill or training. This information is neither an offer to sell nor a solicitation of an offer to purchase any securities. Such an offer will only be made by means of a confidential private placement memorandum and related subscription documents. Furthermore, Alterra IOS Venture II and Alterra IOS Venture III are closed to new investors.
In contrast, BEAT and DEXE have marked big gains. PI, though, continues to dig new lows.
After a relatively quiet weekend, bitcoin’s price dipped by nearly two grand on Monday morning as the market priced in the new attacks in the Middle East.
Most larger-cap alts have followed suit with similar daily losses, with XRP dropping below the crucial $1.10 support, and ETH failing at $1,800.
BTC Slipped Below $63K Bitcoin reacted well to the July 1 dip below $58,000 and quickly reclaimed the $60,000 line. It kept climbing in the following days and jumped to $64,000 on July 6. However, Strategy’s latest and biggest sale resulted in a major leg down, as BTC slumped to $61,200 in hours.
Unlike the previous such occasion, though, the cryptocurrency rebounded swiftly after the initial FUD and jumped to $64,400 on Tuesday. Another rejection followed after the US and Iran broke their ceasefire and launched new rockets against each other.
This time, BTC was able to halt the free-fall at $61,600 and went on a minor rally at the end of the week. The culmination came on Saturday morning with a surge to $64,600, which became a new multi-week peak. BTC stood at around $64,000 for most of the weekend, but dipped earlier today to $62,400 as the consequences of the latest set of attacks between the US and Iran were felt across all markets.
It has rebounded to just over $63,000 as of now, but its market cap has dropped to $1.265 trillion on CG. Its dominance over the alts has increased slightly to 56.7%.
BTCUSD July 13. Source: TradingView PI, APX Dump Hard Pi Network’s native token doesn’t seem to be able to catch a break these days, marking consecutive all-time lows. The latest came hours ago with a nosedive to $0.086, solidifying its major correction as the asset is down by over 97% since its ATH marked last year.
APX is the other big loser today, dropping by over 25%. In contrast, BEAT has gained 20% while DEXE has doubled down on its major rally as of late.
ETH failed at $1,800, BNB is back to $570, while XRP dipped to a multi-day low at $1.07 before it rebounded slightly. HYPE, RAIN, DOGE, ZEC, and XLM are also slightly in the red, while SOL and XMR are with insignificant gains.
The total crypto market cap has shed over $20 billion in the past 24 hours and is now below $2.240 trillion on CG.
Cryptocurrency Market Overview July 13. Source: QuantifyCrypto
The euro is forecast to come under renewed pressure against the US dollar this month as rising energy prices reinforce expectations that the Federal Reserve may need to keep monetary policy tighter for longer, according to ING. ING believes the deteriorating situation in the Gulf is proving more supportive for the US dollar than the euro, with higher oil and natural gas prices creating a particularly difficult backdrop for energy-importing Europe while simultaneously keeping US inflation concerns alive.
Why Higher Energy Prices Favour the US Dollar According to ING, two themes are dominating currency markets: rising energy prices and strong demand for higher-yielding currencies.
The bank argues that renewed disruption risks in the Gulf are strengthening the US dollar because higher energy costs could keep Federal Reserve tightening expectations alive.
At the same time, Europe remains more vulnerable to higher energy prices, with natural gas costs beginning to climb again at a time when inventories remain relatively low.
That combination leaves the euro at a disadvantage against the dollar in the near term.
Why the Euro Is Losing Momentum ING says last week's corrective rebound in EUR/USD has already started to lose momentum.
The bank notes that higher gas prices have capped the euro's recovery, while a relatively quiet Eurozone economic calendar means energy markets are likely to have a greater influence on short-term price action than comments from European Central Bank officials.
EUR/USD was trading close to 1.1414 on Monday afternoon after remaining largely unchanged over the past week, having already fallen more than 2% during June.
The Federal Reserve Holds the Key ING believes upcoming US inflation data and testimony from Federal Reserve Chair Kevin Warsh will be the biggest catalysts for EUR/USD this week.
Although headline inflation may soften, the bank expects rising energy prices and resilient core inflation to keep the prospect of another Fed rate increase firmly on the table.
If markets continue to believe US interest rates could remain higher for longer, the dollar is likely to stay well supported against lower-yielding currencies such as the euro.
What's the Forecast for the Euro versus the US Dollar? ING expects EUR/USD to drift lower in the near term outlook.
The bank believes the exchange rate can easily fall towards 1.1360 and says a test of the 1.1300-1.1325 area is possible later this month if energy prices continue rising and markets maintain expectations for tighter US monetary policy.
Even so, ING does not expect that area to give way easily, suggesting it is likely to provide an important floor for EUR/USD during the summer unless the macroeconomic backdrop deteriorates further.
EUR/USD Forecast FAQWhy does ING expect EUR/USD to weaken?
ING believes higher oil and natural gas prices favour the US dollar by keeping expectations for Federal Reserve tightening alive while simultaneously weighing on the euro through higher European energy costs.
What is ING's near-term EUR/USD target?
ING believes EUR/USD can fall towards 1.1360 initially, with scope to test the 1.1300-1.1325 area later this month.
Why are natural gas prices important for the euro?
Europe remains heavily exposed to imported energy. Rising gas prices increase inflation risks and can weaken the region's growth outlook, making the euro less attractive.
What could stop EUR/USD falling?
A decline in energy prices or signs that the Federal Reserve no longer needs to consider another interest rate increase would reduce support for the US dollar and could help stabilise EUR/USD.
Gold prices have rebounded from June's sharp correction, but RBC Capital Markets believes investors should be prepared for further volatility before the precious metal resumes its longer-term advance.
Gold (XAU/USD) traded around $4,165 after recovering more than 3% in July, following an almost 12% decline in June that briefly pushed prices below $4,000.
Image: Gold price in US dollars - 1 day chart Gold Outlook: Short-Term Risks Remain RBC says investors should not assume the recent rebound marks the start of a sustained rally.
"While we remain of the view that gold's upside story is not over, there remains the risk of near-term weakness."
The bank believes higher US interest rates and a stronger Dollar could continue weighing on bullion in the short run.
However, RBC argues much of the current macro outlook has already been priced into gold.
"We think risk is skewed to the upside in the medium term, especially towards year end."
The bank expects several potential catalysts—including renewed geopolitical uncertainty, softer US Dollar sentiment and changing expectations for bond yields—to help gold regain momentum.
"We think it's a mistake to hinge our view on the current consensus views being baked into gold prices."
RBC also believes structural demand remains intact, with central banks continuing to accumulate gold while investors are unlikely to remain underweight indefinitely.
"We think central banks remain supportive and that investors will not sit on the sidelines indefinitely."
Image: XAU/USD 6 month chart Near-Term Gold Price Forecast: RBC Says Volatility Should Give Way to Higher Prices Although RBC expects further short-term weakness cannot be ruled out, the bank continues to believe the broader bull market remains intact.
It argues that once current concerns over higher interest rates and Dollar strength begin to fade, long-term drivers such as government debt, reserve diversification and geopolitical uncertainty should once again support higher gold prices into year-end.
Wall Street expects a year-over-year increase in earnings on higher revenues when BOK Financial (BOKF - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 20. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis Regional banking operator is expected to post quarterly earnings of $2.56 per share in its upcoming report, which represents a year-over-year change of +16.9%.
Revenues are expected to be $558.9 million, up 4.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for BOK Financial?For BOK Financial, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.52%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that BOK Financial will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that BOK Financial would post earnings of $2.3 per share when it actually produced earnings of $2.58, delivering a surprise of +12.17%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
BOK Financial appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsFirst Horizon National (FHN - Free Report) , another stock in the Zacks Banks - Southwest industry, is expected to report earnings per share of $0.52 for the quarter ended June 2026. This estimate points to a year-over-year change of +15.6%. Revenues for the quarter are expected to be $873.47 million, up 5.2% from the year-ago quarter.
The consensus EPS estimate for First Horizon has been revised 0.2% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -2.19%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that First Horizon will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Key Takeaways SPX Technologies' stock gained 26.1% in a year, outpacing the Construction sector and the S&P 500 Index.SPXC raised its 2026 data center growth outlook to 70% as cooling and air-handling demand accelerated.Segment income rose 22% to $135 million, while margin expanded 100 basis points to 23.9%. SPX Technologies, Inc. (SPXC - Free Report) has delivered a strong share price performance, reflecting solid execution, resilient demand across its key end markets and growing confidence in its long-term growth strategy. Momentum in its HVAC and Detection & Measurement businesses, accelerating demand for data center cooling solutions and disciplined acquisitions have strengthened the company's growth outlook. SPXC stock has climbed 26.1% over the past year, broadly matching the Zacks Building Products - Air Conditioner and Heating industry’s 27% rise while outperforming the Construction sector’s 14.6% gain and the S&P 500 Index’s 24.2% increase.
The outlook remains encouraging. Management raised its full-year guidance after a stronger-than-expected first quarter of 2026, citing robust execution, sustained demand across key markets and additional data center-related volumes expected in the second half of 2026. Continued investments in manufacturing capacity, product innovation and strategic acquisitions should further strengthen SPX Technologies' competitive position.
SPXC’s 1-Year Price Performance
Image Source: Zacks Investment Research
Over the past year, SPX Technologies has substantially outperformed several industry peers. While Carrier Global Corporation (CARR - Free Report) and Pentair plc (PNR - Free Report) posted declines of 9.5% and 28.7%, respectively, Trane Technologies plc (TT - Free Report) gained 9.2%.
SPXC's Data Center Strategy Continues to Drive Long-Term GrowthSPX Technologies continues to benefit from one of the strongest structural growth trends in industrial markets: data center infrastructure. Management noted that demand for its cooling systems and custom air-handling solutions remains exceptionally strong, prompting the company to increase its 2026 data center growth outlook from approximately 50% to 70%. SPXC also emphasized that demand continues to accelerate, supported by increasing activity from hyperscale and colocation customers.
To support this opportunity, SPX Technologies is expanding production capacity across multiple facilities. New manufacturing lines at its Tennessee and Kansas plants have already begun production, while the Alabama expansion remains on schedule to add additional assembly and manufacturing capacity through 2027. Management believes these investments, together with strong customer visibility and a diversified customer base, position the company for sustained growth beyond 2026.
SPXC's Operational Execution Continues to Support Profit GrowthSPX Technologies continues to execute well across both operating segments despite ongoing investments in capacity expansion. Consolidated segment income rose 22% year over year to $135 million, while segment margin expanded 100 basis points to 23.9%, supported by higher volumes, a favorable product mix and increased software revenues within Detection & Measurement.
HVAC segment’s income increased 20% to $88.6 million, benefiting from organic growth and acquisition contributions. Segment margin declined 40 basis points to 22.5%, mainly due to planned start-up costs associated with new production capacity. Management expects most of the estimated $8-$9 million in start-up expenses to be incurred during the first half of 2026. As the new facilities ramp up, operating leverage is expected to improve and support stronger profitability over time.
The company's disciplined acquisition strategy also continues to enhance its growth profile. Recent additions such as Thermolec and Crawford's commercial air-handling business expand SPX Technologies' HVAC capabilities, while the divestiture of Crawford United's non-core industrial and transportation businesses sharpens management's focus on higher-growth markets.
SPXC's Financial Strength Supports Future GrowthSPX Technologies maintains a healthy balance sheet that provides ample flexibility to invest in organic growth and pursue strategic acquisitions. The company ended the first quarter with approximately $158 million in cash and a leverage ratio of roughly 0.9x, well below its long-term target range. This financial strength provides significant capacity to pursue additional value-enhancing acquisitions while continuing to invest in manufacturing expansion and innovation.
The company also continues to generate positive operating cash flow while actively reshaping its portfolio. During the quarter, SPX Technologies completed the divestiture of Crawford United's non-core industrial and transportation businesses, allowing management to sharpen its focus on higher-growth HVAC and Detection & Measurement markets. Combined with a robust acquisition pipeline and raised full-year guidance, the balance sheet positions SPXC to continue executing its long-term growth strategy.
Earnings Estimate Revision of SPXC StockSPXC’s earnings outlook has improved over the past 60 days, with the Zacks Consensus Estimate for 2026 rising to $7.98 per share. The consensus estimate for 2027 has remained unchanged over the same period, as shown below. The current projections imply earnings growth of 18.1% in 2026, followed by an additional 12.9% increase in 2027.
Image Source: Zacks Investment Research
SPXC's earnings growth outlook also compares favorably with its peers. Carrier Global is expected to grow earnings by 7.7% this year, while Pentair and Trane Technologies are projected to deliver growth of 8.7% and 13.6%, respectively.
SPXC Stock Trades at a DiscountSPX Technologies trades at a forward 12-month P/E ratio of 25.77X, below the industry average. The valuation reflects investor confidence in the company's disciplined execution, expanding data center opportunity, resilient demand across key end markets and continued investments in manufacturing capacity, product innovation and strategic acquisitions. These initiatives are expected to support long-term earnings growth.
However, following the stock's strong run, execution remains critical. Delays in ramping new manufacturing capacity, slower-than-expected data center demand, integration challenges related to recent acquisitions or a greater-than-expected impact from tariffs could pressure margins and weigh on investor sentiment.
SPXC P/E Ratio (Forward 12 Months) Vs Industry
Image Source: Zacks Investment Research
Among peers, Carrier Global trades at a forward 12-month P/E multiple of 23.27X, while Pentair trades at 13.57X. Trane Technologies carries a higher valuation of 30.06X on the same basis. SPXC therefore trades at a premium to Carrier and Pentair but at a discount to Trane Technologies, placing it within the broader peer valuation range.
Is SPXC Stock Still a Buy After Its Strong Run?SPX Technologies remains well positioned to benefit from structural growth trends across data centers, HVAC and Detection & Measurement markets. The company continues to execute its value creation strategy through capacity expansion, product innovation and disciplined acquisitions, while its raised guidance and robust backlog underscore confidence in long-term growth. These initiatives, combined with resilient demand across key end markets, should support sustained earnings growth over time.
SPXC also maintains financial flexibility to invest in organic expansion and pursue strategic acquisitions. However, risks remain from delays in ramping new manufacturing capacity, slower-than-expected data center demand, acquisition integration challenges and tariff-related pressures. While the stock trades at a discount to the broader peer group, sustained execution will be important to justify its valuation. Encouragingly, rising earnings estimates suggest analysts remain confident in the company's growth prospects.
SPXC stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways EMCOR raised 2026 guidance as record RPOs and infrastructure demand support long-term growth.Jacobs posted a record backlog, expanded AI and consulting capabilities, and increased expected PA synergies.EME's 35.19% trailing ROE exceeds Jacobs', reflecting stronger shareholder return efficiency. The demand for mission-critical industrial, government, healthcare and data center projects has ramped up across the United States over the past few years and is currently reaching its peak, given the public funding growth and market trends. Firms like EMCOR Group, Inc. (EME - Free Report) and Jacobs Solutions, Inc. (J - Free Report) sit at the juncture and are currently gaining from these market tailwinds.
EMCOR offers mechanical and electrical construction, industrial and energy infrastructure services for a diverse range of businesses, serving commercial, industrial, utility and institutional clients in the United States. Meanwhile, Jacobs offers professional, technical and construction services to industrial, commercial and governmental clients.
Let’s closely compare the fundamentals of the two infrastructure stocks to determine which one is a better investment now.
The Case for EMCOR StockFederal and state investments in water infrastructure, transportation, healthcare modernization, institutional facilities and energy-related projects are creating a healthy pipeline of opportunities for EMCOR. At the same time, AI-driven data center expansion and broader digital transformation continue to fuel commercial construction demand. Owing to these robust trends, EMCOR’s record remaining performance obligations (RPOs) reached $15.62 billion as of March 31, 2026, up 32.9% year over year and nearly 18% sequentially, providing exceptional visibility into future revenue generation. RPOs in the construction segments highlighted contributions of $8.56 billion in U.S. mechanical construction and $5.61 billion in U.S. electrical construction, with additional contributions from building services.
Management emphasized that it continues to see no signs of slowing demand as customers expand data center capacity and adopt advanced liquid cooling technologies. Reflecting this confidence, EME raised its full-year 2026 revenue guidance to $18.5-$19.25 billion from $17.75-$18.5 billion and increased its EPS guidance to $28.25-$29.75 from $27.25-$29.25 expected earlier. Supported by disciplined project selection, execution capabilities and broad market diversification, the company appears well-positioned to capitalize on multi-year infrastructure investment trends.
Meanwhile, strategic acquisitions remain an important pillar of EMCOR's long-term growth strategy, complementing its strong organic expansion. The company's acquisition of Miller Electric has strengthened its electrical construction capabilities, expanded its geographic presence and increased exposure to attractive end markets. Rather than pursuing scale for its own sake, EMCOR prioritizes disciplined capital deployment and integration, preserving its operational culture while creating cross-selling opportunities across its construction and services platforms.
EME ended the first quarter of 2026 with approximately $916 million in cash and about $1.25 billion in working capital, supporting organic investments, strategic acquisitions and operational needs. Management expects full-year 2026 operating cash flow to remain broadly in line with net income, reflecting the underlying strength of the business despite quarterly working-capital fluctuations.
The Case for Jacobs StockJacobs continues to benefit from long-term structural demand across data centers, semiconductors, water infrastructure, transportation and energy & power, reporting more than 100% year-over-year growth in its data center business, supported by accelerating AI investments and strong hyperscaler demand. PA Consulting acquisition is further enhancing growth through advisory, digital transformation and national security opportunities, creating meaningful cross-selling potential. Management has already increased expected annual cost synergies from the acquisition to more than $20 million within 24 months.
These demand drivers helped Jacobs deliver a record backlog of $27 billion, up 22% year over year, with a strong trailing 12-month book-to-bill ratio of 1.4x, providing excellent revenue visibility and supporting confidence in sustained long-term growth. The company is executing a strategy focused on expanding higher-margin consulting, digital and lifecycle solutions while strengthening its leadership in resilient infrastructure markets. Jacobs continues to invest in AI-enabled engineering solutions, including digital twins developed with NVIDIA Omniverse, reinforcing its competitive positioning in rapidly expanding AI infrastructure, advanced manufacturing and mission-critical facilities.
Besides, Jacobs continues to strengthen its global footprint through expanding operations across North America, Europe and the United Kingdom. Recent project wins with Ofwat, Scottish Hydro Electric Transmission and global hyperscale data center customers further demonstrate growing international opportunities. With diversified end markets, strong bookings, improving margins and an upgraded fiscal 2026 outlook, Jacobs appears well-positioned to capture expanding global infrastructure and digital transformation spending, even though execution risks and macroeconomic uncertainties pose a near-term threat.
Notably, Jacobs maintains a balanced capital allocation strategy that simultaneously funds long-term growth while delivering substantial shareholder returns. It repurchased $472 million of shares during the first half of fiscal 2026 and increased its quarterly dividend by 12.5%, reflecting confidence in future cash generation.
Stock Performance & ValuationAs witnessed from the chart below, in the past six months, EMCOR’s share price performance has been above Jacobs’ and the broader Construction sector.
Image Source: Zacks Investment Research
Considering valuation, over the last five years, EMCOR has been trading above Jacobs on a forward 12-month price-to-earnings (P/E) ratio basis.
Image Source: Zacks Investment Research
Overall, from these technical indicators, it can be deduced that EME stock offers an increasing growth trend but with a premium valuation, while J stock offers a declining growth trend with a discounted valuation.
Comparing EPS Estimate Trends: EME vs. JThe Zacks Consensus Estimate for EME’s 2026 and 2027 earnings has moved upward in the past 60 days. The revised estimates for 2026 and 2027 imply year-over-year growth of 13.5% and 11.8%, respectively.
EME's EPS Trend
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for J’s fiscal 2026 earnings has increased in the past 30 days, while the same for fiscal 2027 has edged down during the same time frame. The revised estimates for fiscal 2026 and fiscal 2027 imply year-over-year growth of 18.1% and 14.5%, respectively.
J's EPS Trend
Image Source: Zacks Investment Research
Return on Equity (ROE) of EME & J StocksEMCOR’s trailing 12-month ROE of 35.19% significantly exceeds Jacobs’ average, underscoring its efficiency in generating shareholder returns.
Image Source: Zacks Investment Research
Investment Decision: Should Investors Choose EME Stock or J Stock?EMCOR combines record remaining performance obligations, raised 2026 revenue and earnings guidance, disciplined acquisitions and broad exposure across mechanical, electrical, healthcare, institutional and industrial construction, providing exceptional earnings visibility. Its superior execution and industry-leading 35.2% ROE further strengthen the investment case. Although the stock trades at a premium, its recent price momentum, upward earnings estimate revisions and improving fundamentals justify the higher valuation.
Jacobs remains an attractive long-term infrastructure play, supported by record backlog, rapid data center growth, AI-enabled engineering capabilities and expanding consulting opportunities through PA Consulting. However, mixed earnings estimate revisions, greater exposure to consulting execution and slower share price momentum make its near-term outlook comparatively less compelling.
With a current Zacks Rank #1 (Strong Buy) compared with J stock’s Zacks Rank #2 (Buy), stronger technical indicators and more consistent operational momentum, EME stock stands out as the better investment choice for investors looking to capitalize on the current infrastructure and AI-driven construction cycle. You can see the complete list of today’s Zacks #1 Rank stocks here.
NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts investors in Hub Group, Inc. (NASDAQ: HUBG) of a pending securities class action. Class Period: April 28, 2023 through May 11, 2026. Check if you can recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] | (212) 363-7500.
Hub Group shares lost 14.71 per share in cumulative value across two corrective disclosures, falling 28.6% from the Class Period high of 51.33 on February 5, 2026, to $36.62 on May 12, 2026. The Court has set August 28, 2026, as the deadline to apply for lead plaintiff appointment.
The February 2026 Market Repricing
On February 5, 2026, Hub Group disclosed that financial statements for the first three quarters of 2025 "should not be relied upon" because of an error that understated purchased transportation costs and accounts payable by an estimated 77 million. The filing states that the market absorbed this information rapidly: HUBG shares fell 18% in a single trading session, dropping9.37 per share to close at $41.96 on February 6, 2026.
The magnitude of the single-day decline reflected the degree to which investors had relied on previously reported cost figures. For seven consecutive quarters, as set forth in the complaint, the Company had attributed declining purchased transportation costs to "strong cost controls" and "network optimization," narratives that the February disclosure contradicted.
The May 2026 Expansion of Unreliability
On May 12, 2026, a second corrective disclosure compounded the damage. Hub Group announced it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," rendering its 2023 and 2024 annual reports unreliable. The Company further acknowledged it expected to conclude that internal controls were ineffective for each of those fiscal years. HUBG shares fell an additional 13%, declining 5.24 from 41.86 to close at $36.62.
The February 6, 2026, decline of 9.37 per share (18%) followed the 77 million cost understatement disclosureThe May 12, 2026, decline of $5.24 per share (13%) followed the expansion of unreliability to 2023 and 2024 financial statementsCombined per-share loss from the February 5 high: $14.71 (28.6%)Purchased transportation costs represented 74% to 76% of revenue annually, making the understatement material to every key profitability metricNo quantification of the 2023-2024 misstatement has been provided, leaving the full scope of investor harm unknown
Speak with an attorney about recovering damages or call (212) 363-7500.
"When companies fail to disclose material information, shareholders may suffer significant losses. The two corrective disclosures in this case erased nearly $15 per share of value in a matter of months, raising serious questions about the accuracy of Hub Group's reported financials throughout the Class Period." -- Joseph E. Levi, Esq.
Join the HUBG recovery action or contact Joseph E. Levi, Esq. at (212) 363-7500.
Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the HUBG Lawsuit
Q: How much did HUBG stock drop? A: Shares fell approximately 28.6% cumulatively, a decline of 14.71 per share, after Hub Group disclosed on February 5, 2026 that 77 million in costs had been understated, and then on May 12, 2026 that its 2023 and 2024 annual financial statements were also unreliable. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.
Q: What is the HUBG class action lawsuit about? A: A securities class action has been filed against Hub Group, Inc. (NASDAQ: HUBG) alleging materially false and misleading statements between April 28, 2023 and May 11, 2026. The complaint contends that the Company understated its largest expense category and prematurely recognized revenue, causing shares to trade at artificially inflated prices.
Q: When did Hub Group allegedly mislead investors? A: The class period runs from April 28, 2023 to May 11, 2026. Throughout this period, the Company allegedly filed financial statements that materially misstated purchased transportation costs and accounts payable, and certified that internal controls were effective when they allegedly were not.
Q: What if I already sold my HUBG shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: What do HUBG investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What is the HUBG lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 28, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP reminds purchasers of Insulet Corporation (NASDAQ: PODD) securities of a pending securities class action.
THE CASE: A class action seeks to recover damages for investors who purchased Insulet securities between February 21, 2025 and May 26, 2026.
YOUR OPTIONS: You may be entitled to compensation without payment of any out-of-pocket fees. See if you can recover losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
Insulet's stock declined from approximately $236 to $146.01 per share following two Medical Device Corrections involving manufacturing and quality-control issues affecting Omnipod products, with the May 2026 Medical Device Correction affecting approximately 7 million Pods. Investors have until August 31, 2026 to seek lead plaintiff status.
How a Cannula Tear Disrupts Insulin Delivery
An insulin pump company cannot fulfill its core promise to patients and investors if the device fails to deliver insulin as intended. The Omnipod system relies on a small flexible tube, called a cannula, to infuse insulin subcutaneously. The complaint alleges that when that cannula has a tear, insulin may leak inside or outside the Pod rather than entering the patient's body, resulting in under-delivery of a critical medication.
The filing states that this defect was not limited to a single product generation. The May 2026 MDC affected Omnipod 5, Omnipod Dash, and Omnipod Eros Pods, all traced to cannula handling at Insulet's Acton, Massachusetts facility.
Alleged Cannula Defect Impact by the Numbers
As set forth in the complaint, the operational scope of the manufacturing failure was significant:
Approximately 7 million Pods were subject to the May 2026 Medical Device CorrectionThose 7 million units represented roughly 8.5% of 2025 global Omnipod Pod productionThree product lines were affected: Omnipod 5, Omnipod Dash, and Omnipod ErosBoth MDCs traced to the same root cause: cannula tears from cannula handling at the Acton, Massachusetts plantThe FDA reported 476 Medical Device Reports potentially related to the March 2026 MDC, versus the 29 Serious Adverse Events the Company initially disclosedThe defect could cause insulin to leak inside or outside the Pod, leading to under-delivery Manufacturing Scale Versus Quality Control
The complaint recounts that management repeatedly emphasized the Company's ability to manufacture tens of millions of complex electromechanical devices per year at medical standards. Insulet invested over $1 billion in manufacturing capabilities over the prior decade, as detailed in the action, and touted pioneering advanced automation and a target of 70% gross profit margins at scale.
Yet the corrective disclosures revealed that the Acton facility's cannula handling process produced defective units across multiple product lines and lot numbers. The lawsuit alleges that the March and May 2026 Medical Device Corrections involved the same cannula-related manufacturing defect, which plaintiffs contend demonstrated that the initial corrective actions failed to address broader quality-control issues.
Calculate your potential recovery or call (212) 363-7500.
"The complaint raises serious questions about whether investors received accurate information regarding the reliability of Insulet's manufacturing processes. When a company touts medical-grade quality at consumer-electronic scale, investors are entitled to know if the manufacturing controls supporting that claim are adequate." -- Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY — Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors. Investors who suffered losses have until August 31, 2026 to seek appointment as lead plaintiff. Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the PODD Lawsuit
Q: Who is eligible to join the PODD investor lawsuit? A: Investors who purchased PODD stock or securities between February 21, 2025 and May 26, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.
Q: What specific misstatements does the PODD lawsuit allege? A: The complaint alleges Insulet made materially false or misleading statements regarding its manufacturing controls, product quality, and safety profile of its Omnipod insulin delivery systems during the class period. When the true state of the manufacturing defects was revealed through two Medical Device Corrections, the stock price declined sharply.
Q: How much did PODD stock drop? A: Shares fell approximately 6.88% ($16.23 per share) after the March 2026 disclosure and an additional 5.07% ($7.79 per share) after the May 2026 disclosure, closing at $146.01. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.
Q: What do PODD investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my PODD shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What is the PODD lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 31, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
First ESG Report Highlights eVTOL Business Model as a Catalyst for Energy Transition, Urban Connectivity, and the Future of Sustainable Flight
, /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX, EVEXW; B3: EVEB31), a global leader in electric vertical take-off and landing (eVTOL) aircraft and urban air mobility (UAM) solutions, has published its inaugural Sustainability Report. The report outlines Eve's environmental, social, and governance (ESG) strategy and demonstrates how its integrated UAM ecosystem supports cleaner transportation, reduced congestion, and more connected cities.
The report reflects Eve's founding belief that urban air mobility represents an opportunity to transform how people move through cities while advancing aviation's transition to a more sustainable future.
"At Eve, sustainability is not a pillar we stand beside; it is the very foundation we build on. This report reflects who we are: a company pioneering the transition to zero-emission air mobility, powered by innovation, driven by purpose, and committed to a future where the skies are accessible, clean, and connected for everyone," said Johann Bordais, chief executive of Eve Air Mobility.
Created from the outset with sustainability at its core, Eve is developing an all-electric eVTOL aircraft expected to produce zero local carbon and particulate emissions during flight, providing a cleaner alternative to traditional aviation and ground transportation in urban environments.
Eve's urban air mobility ecosystem combines three integrated solutions:
eVTOL Aircraft: An all-electric aircraft designed for zero local emissions and low-noise operations. Eve Vector®: Air traffic management software that enables safe, scalable, and efficient Advanced Air Mobility operations. Eve TechCare®: Service and support solutions designed to help operators deploy and maintain fleets worldwide. Together, these solutions are designed to make urban air mobility a practical and sustainable complement to existing transportation networks.
Key ESG Highlights
Environment: Supporting the Energy Transition
Zero-Emission Aircraft: Eve's eVTOL aircraft is powered entirely by electricity and designed for zero local carbon and VOC emissions during operation. Renewable Energy: Eve's manufacturing operations in Brazil are powered by 100% renewable energy. Sustainable Manufacturing: The Company's planned production facility will incorporate energy-efficient technologies, water reuse systems, and sustainable waste management practices. Low Noise Design: Eve's aircraft is engineered for significantly quieter operations than conventional helicopters. Cleaner Production Processes: Water-based inks will be used during aircraft painting and finishing. Green Finance Framework: Supports financing aligned with Eve's sustainability objectives and the United Nations Sustainable Development Goals. Social: Connecting Cities and Empowering People
UAM for Everyone: Expanding access to urban air transportation through integration with existing mobility networks. Great Place to Work® Certified: Recognized in 2024/2025 for fostering an inclusive and high-performing workplace culture. Equal Employment Workplace: In 2025, Eve's workforce of 210 employees benefited from a balanced mix of genders, experience levels, and backgrounds, supported by approximately 800 Embraer employees. Community Engagement: Through its partnership with the Embraer Institute, Eve supports education and community development initiatives. Learning and Development: Employees have access to training programs, language courses, conferences, and postgraduate education support. Governance: Accountability at the Core
Strong Governance: Eve maintains robust oversight through its Global Anticorruption Policy, Code of Conduct, Diversity, Equity, Inclusion and Human Rights Policy, transparent reporting practices, and active stakeholder engagement. Eve's Global Market Outlook identified a $280 billion passenger revenue opportunity over the next 20 years, driven by urbanization, increasing congestion, and growing demand for sustainable mobility solutions. In some of the world's most congested cities, urban air mobility has the potential to improve connectivity while supporting environmental goals.
Eve's ecosystem is designed to reduce congestion, improve air quality, and lower emissions while providing faster point-to-point urban transportation.
"Every city that integrates urban air mobility into its transportation network is a city that takes a tangible step toward a cleaner, less congested, more connected future. Our Sustainability Report is our commitment in writing to being the company that makes that possible," said Larissa Maraccini, vice president, People, Marketing, Communications and ESG at Eve Air Mobility.
Eve Air Mobility's 2025 Sustainability Report is available for download at Eve Air Mobility. The report was prepared in alignment with leading ESG disclosure frameworks and reflects Eve's commitment to transparency, accountability, and continuous improvement.
Eve Air Mobility is dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a start-up mindset, backed by Embraer's 56-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, comprehensive global services and support network and a unique air traffic management solution. Eve is listed on the New York Stock Exchange (EVEX; EVEXW) and the São Paulo Stock Exchange (EVEB31), where its shares of common stock, public warrants and Brazilian Depository Receipts are traded. For more information, please visit www.eveairmobility.com
Forward-Looking Statement Disclosure
Certain statements contained in this release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate," "plan," "project," "could," "should," "would," "continue," "seek," "target," "guidance," "outlook," "if current trends continue," "optimistic," "forecast" and other similar words or expressions. All statements, other than statements of historical facts, are forward-looking statements, including, but not limited to, statements about the company's plans, objectives, expectations, outlooks, projections, intentions, estimates, and other statements of future events or conditions, including with respect to all companies or entities named within. These forward-looking statements are based on the company's current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth herein as well as in Part I, Item 1A. Risk Factors and Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations of the company's most recent Annual Report on Form 10-K, Part I, Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations and Part II, Item 1A. Risk Factors of the company's most recent Quarterly Report on Form 10-Q, and other risks and uncertainties listed from time to time in the company's other filings with the Securities and Exchange Commission. Additionally, there may be other factors of which the company is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. The company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements. other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement.
