Track market-moving stories before they get noisy

On Monday, Amazon (AMZN 1.24%) handed an old-line glassmaker one of its biggest endorsements yet in the AI build-out. The cloud and e-commerce giant announced a multiyear, multibillion-dollar agreement to buy the optical fiber and connectivity that will wire its expanding U.S. data centers from Corning (GLW +1.89%) -- a deal expected to create 1,000 manufacturing jobs at the company's North Carolina plants. Shares of the 175-year-old glassmaker jumped as much as 10% on the news.

Lately, that kind of headline has become routine, even as most of the AI spotlight stays on the chipmakers. Corning was founded in 1851 and has made the glass for everything from Thomas Edison's early lightbulbs to the iPhone. Now its fiber -- the strands that shuttle data between the thousands of chips inside an AI data center -- has turned it into one of the quieter beneficiaries of the spending wave. And the stock has more than doubled this year, rising 114%.

So, is there still a case for the shares after a run like that?

Image source: Getty Images.

A string of hyperscale wins The Amazon agreement isn't a one-off. In January, Meta Platforms agreed to buy up to $6 billion of optical solutions from Corning over several years for its own AI data centers. Then, in May, Nvidia named Corning its optical partner for next-generation AI infrastructure -- a multiyear deal under which Corning will expand its U.S. optical connectivity capacity tenfold and build three new plants in North Carolina and Texas. Nvidia is putting $500 million behind the partnership and holds warrants that could lift its total investment to as much as $3.2 billion.

Moving data inside an AI data center over glass rather than copper is faster and uses less power, and the number of connections required keeps climbing as these clusters grow. And Corning's newest product, Multicore Fiber, packs four light-carrying cores into one strand -- four times the density of a standard single-core line -- which the company says lets data center operators get the same capacity with up to 75% fewer connectors.

Highlighting the company's momentum in this AI build-out, Corning's optical communications sales rose 36% year over year in Q1 to about $1.85 billion -- an acceleration from 24% growth in the fourth quarter of 2025. It was the company's eighth straight quarter of year-over-year growth.

In the company's first-quarter earnings call, CEO Wendell Weeks said the wave of new agreements is driving "expansion across all of our major optical operations, including expanding our fiber operations."

Further, at a May investor event, Corning extended its long-range plan and is targeting a $40 billion annualized sales run rate by the end of 2030 -- up from a $20 billion annualized sales run rate it expects to reach by the end of 2026.

Today's Change

(

1.89

%) $

3.34

Current Price

$

179.89

A high price to pay All of this momentum has led to a strong business. First-quarter core earnings per share -- the company's non-GAAP (adjusted) measure -- grew 30% year over year, and core operating margin reached 20.2%, a level the company hit a full year ahead of its own schedule. And for all of 2025, adjusted earnings per share grew 29%.

What gives me pause, however, is what investors are now paying for that growth. After more than doubling in 2026, Corning trades at a price-to-earnings ratio of about 90 as of this writing -- a rich multiple that arguably already assumes years of similarly strong growth.

And there are reasons for caution beyond the valuation. First, the financial terms of the Amazon and Nvidia agreements weren't disclosed, so the revenue and timing remain unclear. Additionally, Corning's fortunes are increasingly tied to a single, capital-intensive cycle -- hyperscalers' AI spending. While it doesn't look like this build-out will slow anytime soon, investors shouldn't rule out the possibility of a surprise slowdown.

Still, a small position here could make sense. Because just as investors should acknowledge the risks, there's also the possibility that the AI build-out runs hotter and longer than expected. For investors willing to venture into the optical side of the AI trade rather than the chips, Corning is arguably a solid investment idea, albeit a risky one given the stock's high valuation.

Corning Today

$179.85 +3.30 (+1.87%)

As of 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$49.47▼

$211.79Dividend Yield0.62%

P/E Ratio86.05

Price Target$178.31

The recent multibillion-dollar infrastructure pact between Amazon NASDAQ: AMZN and Corning NYSE: GLW cements a structural shift in hardware for artificial intelligence. The physical transmission limits of copper have been breached, mandating dense optical fiber for next-generation compute clusters.

While semiconductor allocations dominate capital market attention, the underlying optical networking backbone presents a highly visible, multi-year infrastructure play driven by an accelerating hyperscaler arms race. Corning is no longer a legacy materials supplier; it is a direct beneficiary of AI’s insatiable demand for bandwidth, emerging as a premier non-chip infrastructure asset.

Get Corning alerts:

NVIDIA's Green Light for GlassFor years, copper twinax cables were the workhorse of the data center, connecting servers and switches within the rack. That era is definitively ending. The rollout of advanced AI accelerators from chip designers like NVIDIA NASDAQ: NVDA has created a fundamental bottleneck. These new platforms, operating at networking speeds of 800 gigabits per second (800G) and now pushing toward 1.6 terabits per second (1.6T), generate so much data and heat that copper-based interconnects are becoming technically and thermally obsolete. The physics are unforgiving; at these speeds, signal degradation over copper is too severe, and the power required creates unmanageable heat loads within high-density server racks.

This technical barrier is forcing a paradigm shift. Data center architects are now compelled to adopt optical fiber, not just between data centers, but directly inside the rack to connect GPUs and switches. This is not an incremental upgrade; it is a wholesale replacement of the data center’s central nervous system. This copper-to-glass inflection point creates a powerful secular tailwind for Corning, the primary manufacturer of high-grade optical fiber, cable, and connectivity solutions.

The Billion-Dollar Domino EffectA single contract, while significant, can be an anomaly. A pattern of contracts signals a structural trend. Over the last six months, Corning has methodically secured a series of multi-year, multibillion-dollar agreements that confirm an industry-wide re-platforming toward optical solutions.

The timeline establishes the momentum:

January 2026: Meta Platforms NASDAQ: META committed to a multi-year deal worth up to $6 billion for optical solutions to accelerate its U.S. data center buildout.

April 2026: Corning disclosed two additional, similarly sized long-term agreements with unnamed hyperscale customers during its Q1 earnings report.

May 2026: NVIDIA announced a strategic partnership to co-develop next-generation optical interconnects, with Corning committing to a tenfold expansion of its U.S. manufacturing capacity.

June 2026: Amazon announced its own multi-billion-dollar pact, reinforcing the trend and adding another pillar of demand.

These back-to-back commitments from the world’s largest cloud and AI players provide unprecedented revenue visibility for Corning’s Optical Communications segment. The agreements are not just purchase orders; they are long-term partnerships that include Corning's commitments to build three new manufacturing facilities and expand existing ones in North Carolina. This onshoring of the supply chain de-risks execution for its customers and locks in a pipeline of demand for years, insulating Corning from short-term macroeconomic cycles.

How Sales Growth Is Igniting MarginsThe financial impact of this demand surge is already materializing. In its first-quarter 2026 earnings report, Corning’s Optical Communications segment posted a 36% year-over-year revenue increase. More importantly, this top-line growth is translating into significant operating leverage.

The segment’s profitability expanded sharply, with operating margins widening by 410 basis points. This demonstrates that as factory utilization scales to meet the new hyperscaler demand, each incremental dollar of revenue becomes more profitable.

This dynamic is critical to understanding Corning’s current valuation. While a trailing price-to-earnings (P/E) ratio of 80 may appear stretched, it fails to account for the aggressive upward revisions to future earnings. Analysts now project rapid earnings-per-share (EPS) growth, which is compressing the forward P/E to a more reasonable 52. The market is pricing in margin expansion expected to accelerate as Corning’s new, highly automated manufacturing facilities come online to serve its backlog.

Is It Too Late to Invest? Smart Money Says No.After an almost 100% year-to-date run, some investors may point to valuation concerns and recent insider selling as reasons for caution. Throughout May, several top executives sold over $28 million in stock. While such moves warrant scrutiny, they appear to be standard profit-taking following a period of extreme outperformance rather than a signal of weakening fundamentals.

Overall MarketRank™70th Percentile

Analyst RatingModerate Buy

Upside/Downside1.0% Downside

Short Interest LevelHealthy

Dividend StrengthWeak

News Sentiment1.06 Insider TradingSelling Shares

Proj. Earnings Growth31.03%

See Full Analysis

The more telling data point is the market’s reaction. The supply from these executive sales was readily absorbed by large institutional buyers, who increased their positions during the same period that C-Suite executives were selling. This institutional accumulation suggests that long-term asset managers are using any available liquidity to build strategic stakes, validating the long-term thesis.

Furthermore, Corning's dividend profile adds a layer of stability. The dividend remains well-supported, consuming around 28% of Corning's free cash flow. This conservative payout ratio provides a strong foundation and leaves ample capacity for future dividend growth and share repurchases.

Given the structural tailwinds from the AI infrastructure buildout and clear execution, Corning is positioned as a key enabler of the next generation of computing. Corning's recent volatility reflects a market digesting a rapid repricing, but the underlying fundamentals continue to strengthen. For investors seeking exposure to the physical backbone of the AI revolution, Corning’s role appears increasingly indispensable.

Should You Invest $1,000 in Corning Right Now?Before you consider Corning, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Corning wasn't on the list.

While Corning currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report

Corning (GLW +1.89%) has manufactured glass right here in America since 1851. By 1880, it was the sole supplier of glass for Thomas Edison's original lightbulb, and today, it makes the glass for all of Apple's iPhones.

However, Corning stock has soared by 230% over the past 12 months because of red-hot demand for the company's fiber-optic cables for data centers, which help accelerate processing speeds in artificial intelligence (AI) workloads.

On Monday, June 8, Amazon announced a multiyear deal to purchase billions of dollars' worth of Corning's optical connectivity solutions, joining Meta Platforms and Nvidia, which have recently made large commitments of their own. These deals could fuel explosive growth in Corning's revenue and earnings, so should investors buy its stock right now?

Image source: Getty Images.

Fiber is the future of AI connectivity Nvidia's flagship NVLink 72 data center rack includes 72 graphics processing units (GPUs), 36 central processing units (CPUs), and a series of networking components. It's all connected using two miles of copper cables, but there is an ongoing shift toward fiber-optic cables instead, because they can transmit data faster and farther, while consuming far less energy.

Corning recently launched a new product called Multicore Fiber (MCF), which packs four cores into a single 125-micron strand of optical fiber. By increasing the density fourfold compared to a single-core solution, data center operators can achieve the same performance with 75% fewer cables. This could be a game changer in the AI era.

Amazon hasn't disclosed the exact value of its recent deal, but we can piece together a few clues. In a conference call with investors on April 28, Corning CEO Wendell Weeks highlighted two new, recently signed deals of similar size and scope to its Meta agreement, and we already know Meta plans to buy around $6 billion worth of optical connectivity solutions over the next few years. In my opinion, we can now safely assume one of those other two customers is Amazon.

Plus, in May, Nvidia signed a deal to help Corning expand its U.S.-based optical connectivity manufacturing capacity tenfold, which is an indication of how much supply will be required to fulfill the orders from its hyperscale customers.

Corning's optical communications business could generate explosive growth Corning's optical communications segment generated $1.8 billion in revenue during the first quarter of 2026, which was a 36% increase from the year-ago period. It grew at twice the pace of the company's total core revenue, which increased by 18% to come in at $4.3 billion during the quarter.

Since demand for optical connectivity solutions is so high, Corning has the ability to dictate prices, which is lifting its profit margins. That's why its optical communications segment was able to deliver $387 million in net income during the first quarter, which was up by 93%. It accounted for more than half of the company's total core net income of $612 million.

If we assume the Amazon purchase agreement is worth around $6 billion just like the Meta deal, then Corning's optical communications business has an order pipeline of at least $12 billion. However, keep in mind the company has signed at least one more hyperscale deal that is yet to be announced, based on comments by Weeks I highlighted earlier. Therefore, investors can expect significant growth in the optical communications business at both the top and bottom lines in the coming years.

Beware of Corning's valuation Based on Corning's trailing-12-month adjusted (non-GAAP) earnings of $2.69 per share, its stock is trading at a price-to-earnings (P/E) ratio of 61.7, making it twice as expensive as Nvidia, which has a P/E of 30.7.

Today's Change

(

1.89

%) $

3.34

Current Price

$

179.89

Wall Street expects Corning to grow its earnings to $4.19 per share in 2027 (according to Yahoo! Finance), placing its stock at a more reasonable forward P/E ratio of 39.6, but that's still higher than Nvidia's P/E today. In other words, investors are pricing in a ton of future growth based on the company's deal pipeline, which might not come until 2028 and beyond.

Buying a stock today in the hope it grows into its valuation in two years (or more) is a risky strategy. Investors have to assume Corning executes flawlessly to turn its deal pipeline into revenue and earnings, and they also have to assume the demand for AI hardware will be as strong as it is today -- except it's already showing cracks.

As a result, investors might want to avoid Corning stock unless they feel confident they can hold it for at least five years, which will smooth out some of the volatility that could be ahead.

Key Takeaways Global Payments' Q1 EPS of $2.96 beat estimates, with revenues rising 29.5% year over year.GPN benefited from Worldpay momentum and a 90% surge in Genius platform bookings.GPN reaffirmed 2026 outlook, projecting 5% revenue growth and 13-15% EPS growth. Global Payments, Inc. (GPN - Free Report) reported first-quarter 2026 adjusted earnings per share (EPS) of $2.96, which beat the Zacks Consensus Estimate of $2.82. The bottom line rose 10% year over year.

Adjusted net revenues improved 29.5% year over year to $2.9 billion. The top line beat the consensus mark by 1.3%.

The strong quarterly earnings benefited from early momentum from the company’s streamlined commerce focus and continued uptake of its Genius platform, including an approximately 90% year-over-year increase in bookings. However, the positives were partly offset by elevated operating expenses.

GPN’s Operating PerformanceThe Worldpay acquisition and the sale of Issuer Solutions both closed on Jan. 9, 2026, reshaping Global Payments into a more focused commerce solutions platform.

Adjusted operating income of $1.1 billion increased 22.1% year over year in the quarter under review. Adjusted operating margin expanded 110 basis points (bps) year over year on a normalized basis to 39.9%.

Total operating expenses of $3 billion increased 106.1% year over year in the first quarter. The increase was due to higher selling, general and administrative expenses, and cost of service. Interest and other expenses rose 63.2% year over year to $242.4 million.

GPN’s Financial Position (As of March 31, 2026)Global Payments exited the first quarter with cash and cash equivalents of $5.9 billion, which decreased from $8.3 billion at 2025-end. Total assets of $64.3 billion rose from $53.3 billion at 2025-end.

Long-term debt amounted to $21 billion compared with $19.5 billion at 2025-end. The current portion of long-term debt totaled $1.6 billion at the first-quarter end.

Total equity of $24.5 billion rose from the figure of $23.6 billion at 2025-end.

GPN’s operating activities used $288.8 million of cash in the first quarter of 2026, down from $555.1 million generated a year ago.

Capital Deployment UpdateThe company entered into a $500 million accelerated share repurchase program. GPN repurchased shares worth $549.9 million in the first quarter of 2026.

The company declared a quarterly dividend of 25 cents per share, which will be paid out on June 26, 2026, to its shareholders of record as of June 12.

GPN Reaffirms 2026 OutlookAdjusted net revenue growth on a constant currency basis, excluding dispositions, is still expected to be around 5% in 2026.

Adjusted EPS growth is still anticipated to be between 13% and 15% in 2026. GPN expects to convert almost 90% of adjusted net income into adjusted free cash flow.

The annual adjusted operating margin is expected to increase around 150 bps in 2026.

GPN’s Zacks RankGPN currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

How Did Peers Perform?Several companies in the business services space, including Mastercard Incorporated (MA - Free Report) , Visa Inc. (V - Free Report) and Marsh & McLennan Companies, Inc. (MRSH - Free Report) , have also reported their financial results for the March quarter of 2026. Here’s how they had performed:

Mastercard reported first-quarter 2026 adjusted earnings of $4.60 per share, which topped the Zacks Consensus Estimate by 4.6%. The bottom line improved 23.3% year over year. Net revenues advanced 15.8% year over year to $8.4 billion. MA’s quarterly results benefited from growing cross-border volumes and solid growth in value-added services revenues. However, the upside was partly offset by elevated operating expenses and higher payment network rebates from new and renewed deals.

Visa delivered second-quarter fiscal 2026 adjusted earnings of $3.31 per share, up 20% year over year and beat the Zacks Consensus Estimate by 7.1%. Net revenues came in at $11.23 billion, rising 17% year over year. V’s quarterly results reflected resilient spending trends, higher cross-border volumes and solid network activity, including a 9% year-over-year increase in payments volume on a constant-dollar basis. However, the upside was partly offset by increased operating expenses.

Marsh reported first-quarter 2026 adjusted earnings per share of $3.29, which surpassed the Zacks Consensus Estimate by 2.5%. The bottom line advanced 8% year over year. Consolidated revenues of $7.6 billion improved 8% year over year. The strong quarterly results benefited from solid growth in the Risk and Insurance Services and Consulting unit, particularly from the Marsh Risk, Guy Carpenter, Mercer and Marsh Management Consulting businesses. The upside was partially offset by elevated operating expenses, primarily due to increased compensation and benefits.

2 hours ago

Lennar (NYSE:LEN) Updates Q3 2026 Earnings GuidanceLennar (NYSE:LEN) updated its third quarter 2026 earnings guidance. The company provided EPS guidance of 1.200-1.400 for the period, compared to the consensus estimate of 1.710.

NYSE:LEN

Read Lennar (NYSE:LEN) Updates Q3 2026 Earnings Guidance

3 hours ago

MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in StockMarketBeat

MSA Safety Incorporporated (NYSE:MSA - Get Free Report) CFO Julie Beck bought 448 shares of the stock in a transaction dated Thursday, June 11th. The stock was acquired at an average price of $158.69 per share, with a total value of $71,093.12. Following the completion of the purchase, the chief financial officer owned 3,825 shares of the company's stock, valued at $606,989.25. This represents a 13.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

NYSE:MSA

Read MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in Stock

3 hours ago

Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of StockMarketBeat

NBT Bancorp Inc. (NASDAQ:NBTB - Get Free Report) Director Heidi Hoeller sold 2,100 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $48.03, for a total transaction of $100,863.00. Following the transaction, the director owned 11,560 shares of the company's stock, valued at approximately $555,226.80. This represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

NASDAQ:NBTB

Read Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of Stock

3 hours ago

Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) StockMarketBeat

IGM Financial Inc. (TSE:IGM - Get Free Report) Director Douglas Milne sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of C$80.61, for a total value of C$128,976.00. Following the sale, the director directly owned 800 shares in the company, valued at C$64,488. The trade was a 66.67% decrease in their ownership of the stock.

TSE:IGM

Read Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) Stock

Sort By

Time Frame

Alert Type

Keywords

Page 1 of 325

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.

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 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 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 trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM 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 A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.7% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

To 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.

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: Global Payments (GPN - Free Report) Global Payments, headquartered in Atlanta, GA was spun off from National Data Corporation in 2001. Since its spin-off, the company has taken the acquisition and joint venture route to expand both in existing and international markets.

GPN is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Business Services stock. GPN has a Momentum Style Score of A, and shares are up 0.9% over the past four weeks.

Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.17 to $13.84 per share. GPN also boasts an average earnings surprise of +2.1%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GPN should be on investors' short list.

Innovative handheld supports leading-edge capabilities to power smarter operations

ATLANTA--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading payment technology and software company that powers commerce for businesses of all sizes worldwide, today unveiled an AI-first Genius™ handheld designed for both the physical demands of frontline environments and AI advances that are transforming how businesses run. Sleek and rugged, the ultra-thin handheld slips easily into standard aprons and pockets while delivering the capability to seamlessly communicate with intelligent agents that can help drive faster, smarter operations.

The innovative handheld will feature groundbreaking new AI-powered voice ordering technology.

Share The innovative handheld will feature groundbreaking new AI-powered voice ordering technology, which will allow servers to have real conversations with customers while the POS quietly builds the ticket in the background – even in high-noise environments. AI-powered voice ordering will help take the stress out of recording orders, empowering servers to spend more time interacting with customers.

Thanks to its advanced computing power, the AI-first handheld POS will also enable a range of opportunities to use the device for improving operations, including real-time upsell prompts at the device, natural language commands for updating pricing and menus, and more.

"We designed a next-generation handheld, purpose built with advanced hardware and intelligent software to power the next evolution of AI-driven commerce for restaurants," said David Rumph, president of SMB for Global Payments. "By pairing mobile technology with the flexibility to support a range of AI-driven workflows, we will help servers spend less time on transactions and more time with guests — elevating the dining experience for customers while giving staff the tools to work smarter. It's one of the ways we are activating our expertise to deliver solutions built for the future of merchant operations."

The handheld -- which provides versatility across a range of use cases from table service to line busting, food trucks, pop-up stores and more -- will be previewed at the National Restaurant Association Show (NRA) in Chicago, May 16 to 19, 2026. NRA marks the one-year anniversary of the launch of Genius, which has served an increasingly broad set of use cases and geographies since it was first introduced, securing impressive client wins and accelerating adoption with partners.

Key handheld features will include:

Advanced computing power: Neural processing capability handles inference workloads locally, enabling AI features to run on the device rather than relying solely on the cloud, enabling smarter, faster operations. Multiple built-in microphones: Microphones are built into the design to support servers with order taking, leveraging natural language processing and understanding to support voice-driven workflows like spoken order entry – and other use cases. Always-on connectivity: 5G capability and offline mode ensure payments can be made anywhere, anytime. EMV and NFC payments are built in with optional magnetic stripe reader (MSR). Faster charging and all-day reliability: USB-C fast charging, plus multi-bay stations to support full-service shifts, keep your fleet rotating through peak hours without downtime. Ultra-thin design: The device ranks among the thinnest handheld POS devices of its kind on the market. Thin profile and palm-sized footprint are designed to fit in a server's apron pocket. Intuitive UX: Smartphone-style interface helps to shorten onboarding for new and seasonal staff. Global Payments Unveils Self-Service Kiosks

At NRA, Global Payments will also showcase its new Genius kiosk configurations that extend the flagship POS and business management platform into self-service. Highlights include:

Unified design and platform: Shared design language, payments stack and platform architecture across the Genius portfolio allow front-of-house and back-of-house systems to run on common infrastructure. Modular mounting: Counter, floor-standing and panel-mount configurations fit varied restaurant footprints. Multi-size displays: Options include 21.5-inch counter/floor standing all-in-one, 10-inch all-in-one and 21.5-inch panel PC. "Our unified hardware strategy enables us to offer an end-to-end solution with a seamless user experience across a wide range of solutions,” Rumph added. “These new kiosks share the same payments and design DNA as our countertop and handheld devices, so operators can deploy self-ordering without managing a second stack.”

Genius is highlighted in a new national advertising campaign featuring Roy Choi, the chef, restauranteur and cultural voice that helped spark the modern food truck movement. The campaign crosses television, social media, radio, billboards and more, including high-profile visibility at NRA. To view the ad, visit globalpayments.com/genius.

Find Global Payments at booth #6427 at NRA, May 16 to 19 in Chicago.

About Global Payments

Global Payments (NYSE: GPN) is a leading payment technology and software company that powers commerce for businesses of all sizes worldwide. We help businesses grow with confidence by delivering innovative solutions that enable seamless payment acceptance, smarter operations and exceptional client experiences – online, in store and everywhere in between. With its global reach, local expertise and scale, Global Payments manages trillions in payments volume and billions of transactions across more than 175 countries. Headquartered in Atlanta, Georgia, Global Payments is a Fortune 500® company and a member of the S&P 500. Learn more at company.globalpayments.com.

More News From Global Payments Inc.

The Financial Transaction Services industry is likely to benefit from payment innovations like cryptocurrencies, biometric verification, QR code payments and Buy Now, Pay Later (BNPL) solutions. These innovations drive market penetration, generate new revenue streams and enhance user convenience. However, these advancements also increase vulnerability to cyber threats, making secure infrastructures and effective fraud prevention systems essential. Cross-border payment solutions are expanding with global trade, international travel and the demand for remittance services, facilitating smoother transactions and efficient currency management. Consumer spending remains strong, fueled by e-commerce, smartphone usage and steady wages, although inflationary pressures may lead to cautious spending. Mergers and acquisitions (M&A), along with investments in technology, are helping companies broaden service offerings, diversify markets and expand globally. Companies like Visa Inc. (V - Free Report) , Mastercard Incorporated (MA - Free Report) , PayPal Holdings, Inc. (PYPL - Free Report) , Fiserv, Inc. (FISV - Free Report) and Global Payments Inc. (GPN - Free Report) are well-positioned to benefit from the industry's promising growth prospects.

About the Industry The Zacks Financial Transaction Services industry is part of the Financial Technology or the FinTech space, including companies with diverse natures of businesses. The industry comprises card and payment processing and other solutions providers, ATM services and money remittance service providers, as well as providers of investment solutions to financial advisors. The players in this segment operate their unique and proprietary global payments network that links issuers and acquirers around the globe to facilitate the switching of transactions, permitting account holders to use their products at millions of acceptance locations. Monetary transactions are done through these networks, offering a convenient, quick and secure payment method in several currencies across the globe. The industry is benefiting from the ongoing digitization movement triggered by the pandemic.

4 Key Trends That Shape the Fate of the Financial Transaction Services Space Advancements in Digital Payment Solutions: The global shift toward contactless payment methods is gradually reducing the relevance of traditional cash and check transactions. To stay competitive, major players in the financial transaction services sector are unveiling cutting-edge solutions, such as cryptocurrencies, biometric authentication, QR code payments and BNPL options. These innovations not only increase market penetration but also generate new revenue streams while enhancing user convenience. To maintain their competitive edge, companies are making substantial investments in advanced technologies. However, this digital evolution also increases vulnerability to cyber threats like financial fraud and data breaches, making the development of secure infrastructures and effective fraud prevention systems a critical strategic priority. While these initiatives lead to a rise in costs, they are expected to generate long-term benefits.

Opportunities in Cross-Border Payment Solutions: The financial transaction services industry is poised to capitalize on the steady growth of global trade, rising international travel and the growing demand for remittance solutions. Companies offering sophisticated cross-border payment platforms are in a particularly advantageous position, as these systems facilitate smooth international transactions and efficient currency management. These capabilities are essential for businesses managing payments from overseas clients and ensuring timely payments to global suppliers. Additionally, the expanding global workforce continues to fuel the need for scalable remittance frameworks.

The Role of Consumer Spending: Strong consumer spending has supported financial transaction service providers, driving transaction volume and enhancing revenue generation. The ongoing rise of e-commerce, driven by broader Internet access and the widespread use of smartphones, is likely to continue fueling strong consumer spending in the future. Consumer spending is expected to remain relatively resilient in 2026, according to industry analysts and research firms. As consumers are mindful of essential expenses such as housing, healthcare and groceries, there could be a reduction in discretionary spending. Additionally, low unemployment rates and steady wage growth could help sustain consumer purchasing activity in the near term. However, persistent inflationary pressures and tariff policies may strain household budgets and encourage more cautious spending behavior.

Mergers and Acquisitions as a Growth Strategy: To build fully integrated digital financial ecosystems, companies in the financial transaction services industry are increasingly pursuing M&As, along with significant investments in technology. These strategies enable businesses to broaden service offerings, diversify their market reach, strengthen customer bases and expand globally. In 2025, the Federal Reserve implemented three interest rate cuts. A low-interest-rate environment encourages companies to opt for financing for M&A activities. This will present growth opportunities while safeguarding liquidity.

Zacks Industry Rank Instills Optimism The group’s  Zacks Industry Rank, which is the average of the Zacks Rank of all member stocks, indicates bright near-term prospects. The Zacks Financial Transaction Services industry is housed within the broader Zacks Business Services sector. It currently carries a Zacks Industry Rank #77, which places it in the top 32% of 244 Zacks industries.

Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. 

Before we present a few stocks that you may want to retain in your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.

Industry Underperforms Sector, S&P 500 The Zacks Financial Transaction Services industry underperformed its sector and the Zacks S&P 500 composite in the past year.

In the said time frame, the industry has declined 24.6% compared with the Business Services sector’s fall of 21.8%. The S&P 500 has rallied 30.3% in the same time frame.

One-Year Price Performance
 
Image Source: Zacks Investment Research

Industry's Current Valuation On the basis of the forward 12-month price/earnings ratio, commonly used for valuing financial transaction services stocks, the industry is currently trading at 16.36X compared with the S&P 500’s 22.14X and the sector’s 17.37X.

In the past five years, the industry traded as high as 36.1X, as low as 16.17X and at the median of 21.97X. 

Forward 12-Month Price/Earnings (P/E) Ratio
 
Image Source: Zacks Investment Research

Image Source: Zacks Investment Research

5 Stocks to Keep a Close Eye on We are presenting five stocks from the Financial Transaction Services industry that currently carry a Zacks Rank #3 (Hold). Considering the current industry scenario, it might be prudent for investors to retain these stocks in their portfolio as these are well-placed to generate growth in the long term. 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Visa: Visa, headquartered in San Francisco, is a prominent global leader in digital payments. The company continues to broaden its presence through strategic partnerships, renewals of existing agreements and selective acquisitions. Strong performance across Latin America, Canada and the United States has been a key driver of its overall growth. In the second quarter of fiscal 2026, cross-border volumes rose 12% year over year. Increased transaction activity has fueled higher processing fees, further strengthening revenues. Additionally, Visa maintains a strong focus on technology investments. 

The Zacks Consensus Estimate for Visa’s fiscal 2026 earnings is pegged at $13.08 per share, indicating an 14% rise from the year-ago figure. The consensus mark for revenues implies a 13.4% improvement from the year-ago actual. V’s earnings beat estimates in each of the last four quarters, the average surprise being 3.16%.

Price and Consensus: V
Image Source: Zacks Investment Research

Mastercard: Based in Purchase, NY, the company continues to strengthen its position in the global payments ecosystem through partnerships with financial institutions and significant strategic investments. Its cross-border payments platform, Mastercard Move, facilitates secure and seamless international money transfers across more than 200 countries. In the first quarter of 2026, cross-border volumes advanced 13% on a local-currency basis. The company has further reinforced its operational capabilities through acquisitions. 

The Zacks Consensus Estimate for Mastercard’s 2026 earnings is pegged at $19.58 per share, indicating an 15.1% rise from the year-ago figure. The consensus mark for revenues implies an 12.8% improvement from the year-ago actual. MA’s earnings beat estimates in each of the last four quarters, the average surprise being 5.49%.

Price and Consensus: MA
Image Source: Zacks Investment Research

PayPal: Based in California, PayPal operates a two-sided platform connecting millions of consumers and merchants globally, leveraging data to drive innovation and enhance user experiences. PayPal’s trusted brands, such as PayPal and Venmo, foster customer loyalty through effective communication and marketing strategies. Its platform-agnostic approach enables integration with various payment solutions, offering flexibility in funding and payment methods. Furthermore, PayPal's global scale, with 439 million active accounts in around 200 markets, enhances its growth prospects. Strategic partnerships with Visa, Mastercard, major banks and tech giants like Google, Facebook, and Alibaba have expanded its global reach. 

The Zacks Consensus Estimate for PayPal’s 2026 earnings is pegged at $5.31 per share, which remained flat with the prior-year’s figure. The consensus mark for revenues implies a 3.1% improvement from the year-ago actual. Its earnings beat estimates in three of the last four quarters and missed the mark once, the average surprise being 5.29%. 

Price and Consensus: PYPL
Image Source: Zacks Investment Research

Fiserv: Headquartered in Milwaukee, WI, Fiserv is focused on enhancing client relationships and delivering high-value solutions through its platforms like Clover, which serves as the backbone for small business operations. Its strong commitment to leveraging Artificial Intelligence (AI) for operational excellence and investing in areas such as embedded finance and stablecoin further strengthens its competitive position. Moreover, Fiserv's ongoing strategic acquisitions, such as StoneCastle and CardFree, enhance its technological capabilities and allow for greater scalability, helping it stay ahead in an increasingly competitive marketplace. 

The Zacks Consensus Estimate for Fiserv’s 2026 earnings is pegged at $8.14 per share. The consensus mark for revenues implies a 1.3% improvement from the year-ago actual. FI’s earnings beat estimates in three of the last four quarters and missed the mark once. 

Price and Consensus: FISV
Image Source: Zacks Investment Research

Global Payments: Atlanta, GA-based Global Payments is well-positioned to take advantage of growth prospects, supported by strong performances in both its Merchant Solutions and Issuer Solutions segments. The Merchant Solutions division is set to benefit from rising transaction volumes and an expanding network of U.S. merchant partners. At the same time, the Issuer Solutions segment is expected to see growth as it strengthens relationships with key issuing clients. Through strategic acquisitions and partnerships, the company has enhanced its capabilities and extended its global presence. Global Payments remains dedicated to substantial investments in technology, focusing on product innovation, modernizing platforms and transitioning core systems to cloud-based infrastructure.

The Zacks Consensus Estimate for Global Payments’ 2026 earnings is pegged at $13.86 per share, indicating an 13.4% rise from the 2025 figure. The consensus mark for revenues implies a 33.8% improvement from the year-ago actual GPN’s earnings beat estimates in three of the last four quarters and matched the mark once, the average surprise being 2.05%.

Price and Consensus: GPN
Image Source: Zacks Investment Research

ATLANTA--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading payment technology and software company that powers commerce for businesses of all sizes worldwide, announced today that Bob Cortopassi, president and chief operating officer, and Josh Whipple, chief financial officer, will present live at the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 20 at 11:20 a.m. EDT in Boston, MA.

Interested parties can listen to a live webcast of the fireside chat from the investor relations section of the company’s website at investors.globalpayments.com.

Share Interested parties can listen to a live webcast of the fireside chat from the investor relations section of the company’s website at investors.globalpayments.com. A replay of the webcast will also be available after the event.

About Global Payments

Global Payments (NYSE: GPN) is a leading payment technology and software company that powers commerce for businesses of all sizes worldwide. We help businesses grow with confidence by delivering innovative solutions that enable seamless payment acceptance, smarter operations and exceptional client experiences – online, in store and everywhere in between. With its global reach, local expertise and scale, Global Payments manages trillions in payments volume and billions of transactions across more than 175 countries. Headquartered in Atlanta, Georgia, Global Payments is a Fortune 500® company and a member of the S&P 500. Learn more at company.globalpayments.com.

More News From Global Payments Inc.

Key Takeaways GPN is benefiting from the Worldpay acquisition, expanding scale and boosting merchant acquiring reach.GPN targets more than $2B in buybacks and dividends in 2026 and $7.5B in returns for 2025-2027.GPN's long-term debt rose to $21B by Q1 2026, up from $19.5B at 2025-end. Global Payments Inc. (GPN - Free Report) is well-poised to grow on the back of the Worldpay acquisition, broad demand across merchant services, transaction volume growth and portfolio expansion. However, increasing competition in fintech and payment solutions, higher costs and rising debt remain a concern.

Global Payments — with a market cap of $18.3 billion — is a payment solutions provider based in Atlanta, GA. The payments technology company has a massive network in the Americas, Europe and the Asia-Pacific. Courtesy of solid prospects, this Zacks Rank #3 (Hold) stock is worth holding on to at the moment.

Estimates for GPNThe Zacks Consensus Estimate for Global Payments’ 2026 earnings is pegged at $13.86 per share, indicating a 13.4% year-over-year rise. The estimate jumped by 8 cents over the past week. Furthermore, the consensus mark for revenues is pegged at $12.46 billion for 2026, indicating a 33.8% year-over-year rise.

The company beat earnings estimates in three of the past four quarters and met once, with an average surprise of 2.1%.

GPN’s Growth DriversThe Worldpay deal made Global Payments a much bigger player, giving it more scale in merchant acquiring and access to a broader global customer base. More importantly, it opens the door for cross-selling, creating a clear path to faster revenue growth and stronger margins.

Rising demand for unified POS and embedded payment solutions among SMBs is supporting upgrades across GPN’s large global merchant base, increasing recurring software-linked revenues and transaction volumes. High-impact partnerships remain a key growth lever. Collaborations with Alphabet, Mastercard, CaixaBank, Virgin Money and others enhance GPN’s digital-payments capabilities and broaden distribution.

Global Payments returned significant capital to shareholders, repurchasing $1.6 billion of stock in 2024 and $1.2 billion in 2025. The company expects to return more than $2 billion through buybacks and dividends in 2026 and is targeting $7.5 billion in total shareholder returns over 2025-2027.

Based on short-term price targets offered by 26 analysts, the Wall Street average price target for Global Payments is at $94.35 per share, suggesting a 40.8% upside from current levels.

Key ConcernsThere are a few factors that investors should keep an eye on.

Intensifying competition in the payments industry presents a challenge. Emerging fintech companies with strong growth potential are rapidly gaining market share, increasing the need for innovation and differentiation.

Adjusted operating costs jumped 35% in the first quarter. Meanwhile, Adjusted EBITDA margin fell to 44.1% from 47.9% a year ago.

Its long-term debt amounted to $21 billion at first-quarter 2026 end compared with $19.5 billion at 2025-end. Its long-term debt-to-capital of 46.4% is higher than the industry average of 38.5%.

However, GPN’s strategic approach — focusing on partnerships, technology investments, and portfolio expansion — positions it for long-term success despite these headwinds.

Better-Ranked PlayersSome better-ranked stocks in the broader Business Services space are Klarna Group plc (KLAR - Free Report) , Paymentus Holdings, Inc. (PAY - Free Report) and Remitly Global, Inc. (RELY - Free Report) , each having a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for Klarna’s current-year bottom-line indicates 84.8% year-over-year improvement. It has witnessed two upward estimate revisions over the past month, against no movement in the opposite direction. The consensus estimate for current-year revenues is pegged at $4.47 billion, implying 27.3% year-over-year growth.

The Zacks Consensus Estimate for Paymentus’ current-year earnings indicates a 19.7% year-over-year jump. It beat earnings estimates in each of the past four quarters, with an average surprise of 12%. PAY’s consensus estimate for current-year revenues implies 18.7% year-over-year growth.

The Zacks Consensus Estimate for Remitly Global’s current-year earnings indicates a 109.4% year-over-year surge. RELY beat earnings estimates in each of the trailing four quarters, with the average surprise being 347.2%. The consensus estimate for current-year revenues implies a 20% year-over-year increase.

Image: Bigstock

Read MoreHide Full Article

Investors in Global Payments Inc. (GPN - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 18, 2026 $35 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Global Payments shares, but what is the fundamental picture for the company? Currently, Global Payments is a Zacks Rank #3 (Hold) in the Financial Transaction Services industry that ranks in the Top 25% of our Zacks Industry Rank. Over the last 30 days, two analysts have increased their earnings estimates for the current quarter, while six analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $3.53 per share to $3.51 in that period.

Given the way analysts feel about Global Payments right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Zacks' 7 Best Strong Buy Stocks (New Research Report) Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in business-services finance

Global Payments Inc. (NYSE: GPN), a leading payment technology and software company that powers commerce for businesses of all sizes worldwide, announced today that Cameron Bready, chief executive officer, will present live at the Mizuho Technology Conference on Wednesday, June 10 at 1:05 p.m. EDT in New York, NY.

Interested parties can listen to a live webcast of the fireside chat from the investor relations section of the company’s website at investors.globalpayments.com. A replay of the webcast will also be available after the event.

About Global Payments

Global Payments (NYSE: GPN) is a leading payment technology and software company that powers commerce for businesses of all sizes worldwide. We help businesses grow with confidence by delivering innovative solutions that enable seamless payment acceptance, smarter operations and exceptional client experiences – online, in store and everywhere in between. With its global reach, local expertise and scale, Global Payments manages trillions in payments volume and billions of transactions across more than 175 countries. Headquartered in Atlanta, Georgia, Global Payments is a Fortune 500® company and a member of the S&P 500. Learn more at company.globalpayments.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260603994150/en/

Global Payments Inc. (GPN) Presents at Mizuho Technology Conference 2026 Transcript

B. Metzler seel. Sohn & Co. AG lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 139.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,995 shares of the aerospace company’s stock after buying an additional 1,161 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Transdigm Group were worth $2,653,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Transdigm Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after acquiring an additional 121,049 shares during the last quarter. Capital International Investors increased its position in shares of Transdigm Group by 4.1% during the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after purchasing an additional 254,750 shares during the last quarter. State Street Corp grew its position in Transdigm Group by 1.9% in the 3rd quarter. State Street Corp now owns 2,388,838 shares of the aerospace company’s stock valued at $3,148,536,000 after acquiring an additional 45,550 shares in the last quarter. Principal Financial Group Inc. grew its position in Transdigm Group by 18.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after acquiring an additional 367,756 shares in the last quarter. Finally, Capital Research Global Investors grew its position in Transdigm Group by 10.2% in the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after acquiring an additional 203,997 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In A number of equities analysts have recently commented on the company. Weiss Ratings downgraded Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Robert W. Baird reissued a “neutral” rating and set a $1,400.00 price objective on shares of Transdigm Group in a research report on Wednesday, February 4th. KeyCorp downgraded Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Wells Fargo & Company assumed coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price objective for the company. Finally, UBS Group lowered their price objective on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and a consensus target price of $1,567.40.

View Our Latest Analysis on TDG

Transdigm Group Price Performance Transdigm Group stock opened at $1,147.03 on Friday. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The business has a 50 day simple moving average of $1,235.27 and a 200-day simple moving average of $1,300.03. The stock has a market capitalization of $64.77 billion, a PE ratio of 36.91, a price-to-earnings-growth ratio of 2.46 and a beta of 0.98.

Transdigm Group (NYSE:TDG – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping the consensus estimate of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the prior year, the business earned $7.83 earnings per share. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 36.71 EPS for the current year.

Insider Buying and Selling at Transdigm Group In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at approximately $27,259,512.88. This represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kevin M. Stein sold 36,925 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the completion of the transaction, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. The trade was a 65.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 86,522 shares of company stock valued at $117,197,926. Corporate insiders own 3.20% of the company’s stock.

Transdigm Group Company Profile (Free Report)

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.

Featured Stories Five stocks we like better than Transdigm Group

Receive News & Ratings for Transdigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transdigm Group and related companies with MarketBeat.com's FREE daily email newsletter.

April 28, 2026 07:00 ET  | Source: TDG Gold Corp

VANCOUVER, British Columbia, April 28, 2026 (GLOBE NEWSWIRE) -- TDG Gold Corp. (TSXV: TDG | OTCQX: TDGGF) (the “Company” or “TDG”) announces the appointment of Paul Geddes, P.Geo, as Senior Vice-President, Business Development and Strategy, effective April 27, 2026.

Fletcher Morgan, Director and CEO of TDG, commented: “Paul brings technical and strategic experience that is directly applicable to TDG’s focus on disciplined growth and capital efficiency. His proven track record of advancing projects from discovery through to resource definition supports our objective of delivering accelerated returns from our Toodoggone and Anyox assets.”

Mr. Geddes has more than 25 years of experience in mineral exploration and resource development in precious and base metals. His career spans greenfield discovery through to advanced-stage resource definition and expansion, with a demonstrated ability to expand mineral inventories through disciplined, capital-efficient exploration programs.

Mr. Geddes has held progressively senior technical and leadership roles with both major and junior mining companies, including Noranda Mining and Exploration, Teck Exploration, INCO Technical Services, North American Palladium, Rainy River Resources, Osisko Development, and most recently, Senior Vice President, Exploration and Resource Development at Skeena Gold + Silver.

In 2023, he and his team were awarded the A.O. Dufresne Exploration Achievement Award for exploration success and resource growth at the Eskay Creek gold-silver project in British Columbia.

Mr. Geddes is a registered Professional Geoscientist and a member in good standing with Engineers and Geoscientists British Columbia.

ON BEHALF OF THE BOARD

Fletcher Morgan
Chief Executive Officer

For further information contact:
TDG Gold Corp.
Telephone: +1.604.536.2711
Email:[email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Get a deeper insight into the potential performance of TransDigm (TDG) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Key Takeaways TransDigm heads into fiscal Q2 after a 2.62% earnings surprise in the prior quarter.TDG's $765M Simmonds Precision deal adds aerospace parts with aftermarket demand and recurring revenues.TDG consensus calls for $9.32 EPS and $2.42B revenues, up 2.3% and 11.7% year over year. TransDigm Group Incorporated (TDG - Free Report) is slated to report second-quarter fiscal 2026 results on May 5, before market open. The company delivered an earnings surprise of 2.62% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors Likely to Affect TDG’s Q2 ResultsDuring the fiscal first quarter of 2026, TransDigm acquired Simmonds Precision Products, Inc., a business of Goodrich Corp., for about $765 million. This acquisition strengthened TransDigm’s portfolio of specialized aerospace components, especially those with strong aftermarket demand. It also expanded the company’s presence across commercial and defense platforms and added a stable stream of recurring revenues, which is expected to have supported second-quarter sales.

Strong performance in the commercial aftermarket, driven by improving air travel, higher flight activity and increased aircraft usage, is likely to have supported revenue growth in the quarter. At the same time, higher U.S. defense spending is expected to have contributed positively to sales.

Overall, higher revenues are likely to have supported margin improvement. Continued focus on cost control and operational efficiency is also expected to have strengthened profitability, supporting the company’s quarterly earnings.

Estimates for TDGThe Zacks Consensus Estimate for earnings is pegged at $9.32 per share, indicating a year-over-year increase of 2.3%.

The consensus estimate for revenues is pinned at $2.42 billion, indicating a year-over-year improvement of 11.7%.

What the Zacks Model Unveils for TDGOur proven model does not conclusively predict an earnings beat for TransDigm this time. 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 not the case here, as you will see below.

TDG’s Earnings ESP: TDG has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

TDG’s Zacks Rank: TDG currently carries a Zacks Rank #4 (Sell).

You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks to ConsiderBelow, we have mentioned a few players from the same sector that have the right combination of elements to beat on earnings in the upcoming releases:

CurtissWright (CW - Free Report) is expected to report its first-quarter 2026 earnings on May 6, 2026, after market close. It has an Earnings ESP of +0.72% and a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for CW’s earnings is pegged at $3.32 per share, indicating year-over-year growth of 17.7%. The consensus estimate for its sales is pegged at $867.2 million, indicating year-over-year growth of 7.6%.

Redwire Corporation (RDW - Free Report) is set to report its first-quarter 2026 earnings on May 6, 2026, after market close. It has an Earnings ESP of +22.58% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for RDW’s loss is pegged at 16 cents per share, indicating year-over-year improvement. The consensus estimate for its sales is pegged at $103.5 million, indicating year-over-year growth of 68.5%.

Huntington Ingalls Industries (HII - Free Report) is expected to report its first-quarter 2026 earnings on May 5, 2026, before market open. It has an Earnings ESP of +3.05% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for HII’s earnings is pegged at $3.70 per share. The consensus estimate for its sales is pegged at $3.02 million, indicating year-over-year growth of 10.4%.

, /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the second quarter ended March 28, 2026.

Second quarter highlights include:

Net sales of $2,544 million, up 18% from $2,150 million in the prior year's quarter; Net income of $536 million, up 12% from the prior year's quarter; Earnings per share of $9.20, up 12% from the prior year's quarter; EBITDA As Defined of $1,337 million, up 15% from $1,162 million in the prior year's quarter; EBITDA As Defined margin of 52.6%; Adjusted earnings per share of $9.85, up 8% from $9.11 in the prior year's quarter; and Upward revision to fiscal 2026 financial guidance. Quarter-to-Date Results

Net sales for the quarter increased 18.3%, or $394 million, to $2,544 million from $2,150 million in the comparable quarter a year ago. Organic sales growth as a percentage of net sales was 11.0%.

Net income for the quarter increased $57 million, or 11.9%, from $479 million in the comparable quarter a year ago. The increase in net income primarily reflects the increase in net sales described above, the application of our value-driven operating strategy, and lower non-cash stock and deferred compensation expense. The increase was partially offset by higher interest expense as a result of the increase in TransDigm's year-over-year gross debt balance.

Adjusted net income for the quarter increased 8.5% to $574 million, or $9.85 per share, from $529 million, or $9.11 per share, in the comparable quarter a year ago.

EBITDA for the quarter increased 18.4% to $1,289 million from $1,089 million for the comparable quarter a year ago. EBITDA As Defined for the quarter increased 15.1% to $1,337 million compared with $1,162 million in the comparable quarter a year ago. EBITDA As Defined as a percentage of net sales for the quarter was 52.6% compared with 54.0% in the comparable quarter a year ago.

"We are pleased with our team's performance and operating results for the second quarter," stated Mike Lisman, TransDigm Group's CEO. "Total revenue continued ahead of our expectations with double-digit growth across all three of our major market channels compared to the prior year's second quarter. Commercial aftermarket exhibited the highest growth across our three end markets, driven by our commercial transport segment growing 16% in the quarter. Commercial OEM market revenue increased in the double digits on a percentage basis as we continued supporting higher build rates at the OEMs. Our reported EBITDA As Defined margin for the quarter was 52.6%. Adjusting for acquisition dilution, the EBITDA margins of our base businesses improved nicely on a year over year basis and in line with our expectations. The team continues to execute our value drivers.

Shortly after the quarter ended, we completed the acquisitions of the previously announced Jet Parts Engineering and Victor Sierra businesses for $2.2 billion. We are excited to have them as part of TransDigm. Additionally, during the second quarter and continuing into the first week of April, we returned $800 million of capital to our shareholders through share repurchases, bringing the total amount of share repurchases in the fiscal year to date to approximately $905 million.

As we look ahead to the remainder of fiscal 2026, we have significant liquidity and financial flexibility to address any likely range of capital requirements and remain highly focused on our capital allocation.

As always, we remain committed to our operating strategy and the TransDigm value drivers. We look forward to the opportunity to continue creating value for our shareholders through the second half of fiscal 2026."

Acquisition Activity

Subsequent to the quarter, on April 7, 2026, TransDigm completed the acquisition of Jet Parts Engineering  and Victor Sierra for $2.2 billion in cash. Jet Parts Engineering is a leading independent designer and manufacturer of aerospace aftermarket solutions, primarily proprietary OEM-alternative parts and repairs. Victor Sierra is a leading designer, manufacturer, and distributor of proprietary PMA and other aftermarket parts serving the commercial aerospace end market — primarily the general aviation and business aviation sectors.

As previously announced on December 31, 2025, TransDigm has entered into a definitive agreement to acquire Stellant Systems, Inc. from Arlington Capital Partners for approximately $960 million in cash. Stellant is a leading global designer and manufacturer of high-power electronic components and subsystems serving the aerospace and defense end market.

Financing Activity

During the quarter, on February 13, 2026, TransDigm successfully completed a private offering of $1.2 billion of 6.125% Senior Subordinated Notes maturing July 31, 2034 along with $0.8 billion of new Tranche N term loans maturing on February 13, 2033. TransDigm used the net proceeds from the offering, plus cash on hand, to fund the acquisition of Jet Parts Engineering and Victor Sierra which closed on April 7, 2026.

Subsequent to the quarter, on April 17, 2026, TransDigm completed an incremental debt offering of $1.5 billion of new debt consisting of an additional $0.5 billion of 6.125% Senior Subordinated Notes maturing July 31, 2034 and $1.0 billion of additional Tranche N term loans maturing February 13, 2033.

Share Repurchase Activity

During the second quarter of fiscal 2026, TransDigm repurchased 602,070 shares of its common stock at an average price per share of $1,201 for a total amount of $723 million. For the twenty-six week period ended March 28, 2026, TransDigm repurchased 687,282 shares of its common stock at an average price per share of $1,207 for a total amount of $829 million.

Subsequent to the quarter-end, TransDigm repurchased an additional 66,537 shares at an average price per share of $1,139 for a total amount of approximately $76 million. The total stock repurchases year-to-date is $905 million.

Year-to-Date Results

Net sales for the twenty-six week period ended March 28, 2026 increased 16.2%, or $672 million, to $4,828 million from $4,156 million in the comparable period a year ago. Organic sales growth as a percentage of net sales for fiscal 2026 was 9.3%.

Net income for the twenty-six week period ended March 28, 2026 increased $9 million, or 0.9%, to $981 million from $972 million in the comparable period a year ago. The increase in net income primarily reflects the increase in net sales described above, the application of our value-driven operating strategy, and lower non-cash stock and deferred compensation expense. The increase was mostly offset by higher interest expense and income tax expense.

GAAP earnings per share were reduced for the twenty-six week periods ended March 28, 2026 and March 29, 2025 by $1.02 per share and $0.83 per share, respectively, as a result of dividend equivalent payments made during each year. As a reminder, GAAP earnings per share are reduced when TransDigm makes dividend equivalent payments pursuant to its stock option plans. These dividend equivalent payments are made during TransDigm's first fiscal quarter each year and also upon payment of any special dividends.

Adjusted net income for the twenty-six week period ended March 28, 2026 increased 6.8% to $1,053 million, or $18.09 per share, from $986 million, or $16.94 per share, in the comparable period a year ago.

EBITDA for the twenty-six week period ended March 28, 2026 increased 11.9% to $2,436 million from $2,176 million for the comparable period a year ago. EBITDA As Defined for the period increased 13.9% to $2,534 million compared with $2,224 million in the comparable period a year ago. EBITDA As Defined as a percentage of net sales for the period was 52.5% compared with 53.5% in the comparable period a year ago.

Please see the attached tables for a reconciliation of net income to EBITDA, EBITDA As Defined, and adjusted net income; a reconciliation of net cash provided by operating activities to EBITDA and EBITDA As Defined; and a reconciliation of earnings per share to adjusted earnings per share for the periods discussed in this press release.

Fiscal 2026 Outlook

Mr. Lisman stated, "We are pleased to once again raise our full year fiscal 2026 financial guidance to reflect our strong second quarter performance and incorporate the recently closed acquisition of Jet Parts Engineering and Victor Sierra. At the mid-point, we are increasing guidance for sales by $420 million, EBITDA As Defined guidance by $210 million, and adjusted EPS by $1.14. The large majority of this guidance increase is coming from stronger than expected performance in our base business, with a smaller amount of the increase derived from the inclusion of the recent acquisitions.

While increasing full-year guidance, we recognize there is uncertainty in the broader aerospace environment which, depending on the duration, may impact our markets, specifically commercial aftermarket. Based on the strong performance to date as well as our near-term outlook, we shifted our market channel guidance upward. This guidance excludes any contribution from the pending acquisition of Stellant.

The current environment is very dynamic and we will continue to monitor the markets closely as the year progresses."

TransDigm now expects fiscal 2026 financial guidance to be as follows:

Net sales are anticipated to be in the range of $10,300 million to $10,420 million compared with $8,831 million in fiscal 2025, an increase of 17.3% at the midpoint (an increase of $420 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $2,026 million to $2,106 million compared with $2,074 million in fiscal 2025, a decrease of 0.4% at the midpoint primarily due to additional interest expense relating to the financing activities completed during the fourth quarter of fiscal 2025 and the second quarter of fiscal 2026 (an increase of $58 million at the midpoint from prior guidance); Earnings per share is expected to be in the range of $33.91 to $35.29 per share based upon weighted average shares outstanding of 58.0 million shares, compared with $32.08 per share in fiscal 2025, which is an increase of 7.9% at the midpoint (an increase of $1.17 per share at the midpoint from prior guidance); EBITDA As Defined is anticipated to be in the range of $5,370 million to $5,470 million compared with $4,760 million in fiscal 2025, an increase of 13.9% at the midpoint (an increase of $210 million at the midpoint from prior guidance and corresponding to an EBITDA As Defined margin guide of approximately 52.3% for fiscal 2026); Adjusted earnings per share is expected to be in the range of $38.83 to $40.21 per share compared with $37.33 per share in fiscal 2025, an increase of 5.9% at the midpoint compared to prior year (an increase of $1.14 per share at the midpoint from prior guidance); and  Fiscal 2026 outlook is based on the following market growth assumptions: Commercial OEM revenue growth in the low double-digit to mid-teens percentage range; Commercial aftermarket revenue growth in the high single-digit to low double-digit percentage range; and Defense revenue growth in the high single-digit percentage range. Please see the attached Table 6 for a reconciliation of EBITDA, EBITDA As Defined to net income and reported earnings per share to adjusted earnings per share guidance midpoint estimated for the fiscal year ending September 30, 2026. Additionally, please see attached Table 7 for comparison of the current fiscal year 2026 guidance versus the previously issued fiscal year 2026 guidance.

Earnings Conference Call

TransDigm Group will host a conference call for investors and security analysts on May 5, 2026, beginning at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call at https://register-conf.media-server.com/register/BI680a67e1f8be4f1d8817836c561ed39f . Once registered, participants will receive the dial-in information and a unique pin to access the call. The dial-in information and unique pin will be sent to the email used to register for the call. The unique pin is exclusive to the registrant and can only be used by one person at a time. A live audio webcast of the call can also be accessed online at https://www.transdigm.com. A slide presentation will also be available for reference during the conference call; go to the investor relations page of our website and click on "Presentations."

The call will be archived on the website and available for replay at approximately 2:00 p.m., Eastern Time.

About TransDigm Group

TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems, specialized flight, wind tunnel and jet engine testing services and equipment, electronic components used in the generation, amplification, transmission and reception of microwave signals, and complex testing and instrumentation solutions.

Non-GAAP Supplemental Information

EBITDA, EBITDA As Defined, EBITDA As Defined margin, adjusted net income and adjusted earnings per share are non-GAAP financial measures presented in this press release as supplemental disclosures to net income and reported results. TransDigm Group defines EBITDA as earnings before interest, taxes, depreciation and amortization and defines EBITDA As Defined as EBITDA plus certain non-operating items recorded as corporate expenses, including non-cash compensation charges incurred in connection with TransDigm Group's stock option or deferred compensation plans, foreign currency gains and losses, acquisition-integration costs, acquisition transaction-related expenses, and refinancing costs. Acquisition transaction and integration-related expenses represent costs incurred to integrate acquired businesses into our operations; facility relocation costs and other acquisition-related costs; transaction and valuation-related costs for acquisitions comprising deal fees, legal, financial and tax due diligence expenses; and amortization expense of inventory step-up recorded in connection with the purchase accounting of acquired businesses. TransDigm Group defines adjusted net income as net income plus purchase accounting backlog amortization expense, effects from the sale on businesses, non-cash compensation charges incurred in connection with TransDigm Group's stock option or deferred compensation plans, foreign currency gains and losses, acquisition-integration costs, acquisition transaction-related expenses, and refinancing costs. EBITDA As Defined margin represents EBITDA As Defined as a percentage of net sales. TransDigm Group defines adjusted diluted earnings per share as adjusted net income divided by the total outstanding shares for basic and diluted earnings per share. For more information regarding the computation of EBITDA, EBITDA As Defined, adjusted net income and adjusted earnings per share, please see the attached financial tables.

TransDigm Group presents these non-GAAP financial measures because it believes that they are useful indicators of its operating performance. TransDigm Group believes that EBITDA is useful to investors because it is frequently used by securities analysts, investors and other interested parties to measure operating performance among companies with different capital structures, effective tax rates and tax attributes, capitalized asset values and employee compensation structures, all of which can vary substantially from company to company. In addition, analysts, rating agencies and others use EBITDA to evaluate a company's ability to incur and service debt. EBITDA As Defined is used to measure TransDigm Inc.'s compliance with the financial covenant contained in its credit facility. TransDigm Group's management also uses EBITDA As Defined to review and assess its operating performance, to prepare its annual budget and financial projections and to review and evaluate its management team in connection with employee incentive programs. Moreover, TransDigm Group's management uses EBITDA As Defined to evaluate acquisitions and as a liquidity measure. In addition, TransDigm Group's management uses adjusted net income as a measure of comparable operating performance between time periods and among companies as it is reflective of changes in pricing decisions, cost controls and other factors that affect operating performance.

None of EBITDA, EBITDA As Defined, EBITDA As Defined margin, adjusted net income or adjusted earnings per share is a measurement of financial performance under U.S. GAAP and such financial measures should not be considered as an alternative to net income, operating income, earnings per share, cash flows from operating activities or other measures of performance determined in accordance with U.S. GAAP. In addition, TransDigm Group's calculation of these non-GAAP financial measures may not be comparable to the calculation of similarly titled measures reported by other companies.

Although we use EBITDA and EBITDA As Defined as measures to assess the performance of our business and for the other purposes set forth above, the use of these non-GAAP financial measures as analytical tools has limitations, and you should not consider any of them in isolation, or as a substitute for analysis of our results of operations as reported in accordance with U.S. GAAP. Some of these limitations are:

neither EBITDA nor EBITDA As Defined reflects the significant interest expense, or the cash requirements, necessary to service interest payments on our indebtedness; although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and neither EBITDA nor EBITDA As Defined reflects any cash requirements for such replacements; the omission of the substantial amortization expense associated with our intangible assets further limits the usefulness of EBITDA and EBITDA As Defined; neither EBITDA nor EBITDA As Defined includes the payment of taxes, which is a necessary element of our operations; and EBITDA As Defined excludes the cash expense we have incurred to integrate acquired businesses into our operations, which is a necessary element of certain of our acquisitions. Forward-Looking Statements

Statements in this press release that are not historical facts, including statements under the heading "Fiscal 2026 Outlook," are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "may," "will," "should," "expect," "intend," "plan," "predict," "anticipate," "estimate," or "continue" and other words and terms of similar meaning may identify forward-looking statements.

All forward-looking statements involve risks and uncertainties that could cause TransDigm Group's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, TransDigm Group. These risks and uncertainties include but are not limited to: the sensitivity of our business to the number of flight hours that our customers' planes spend aloft and our customers' profitability, both of which are affected by general economic conditions; supply chain constraints; increases in raw material costs, taxes and labor costs that cannot be recovered in product pricing; failure to complete or successfully integrate acquisitions; our indebtedness; current and future geopolitical or other worldwide events, including, without limitation, wars or conflicts and public health crises; cybersecurity threats; risks related to the transition or physical impacts of climate change and other natural disasters or meeting regulatory requirements; our reliance on certain customers; the United States ("U.S.") defense budget and risks associated with being a government supplier including government audits and investigations; failure to maintain government or industry approvals; risks related to changes in laws and regulations, including increases in compliance costs and potential changes in trade policies and tariffs; potential environmental liabilities; liabilities arising in connection with litigation; risks and costs associated with our international sales and operations; and other factors. Further information regarding the important factors that could cause actual results to differ materially from projected results can be found in TransDigm Group's most recent Annual Report on Form 10-K and other reports that TransDigm Group or its subsidiaries have filed with the Securities and Exchange Commission. Except as required by law, TransDigm Group undertakes no obligation to revise or update the forward-looking statements contained in this press release.

TRANSDIGM GROUP INCORPORATED

CONSOLIDATED STATEMENTS OF INCOME

FOR THE THIRTEEN AND TWENTY-SIX WEEK PERIODS ENDED

Table 1

MARCH 28, 2026 AND MARCH 29, 2025

(Amounts in millions, except per share amounts)

(Unaudited)

Thirteen Week Periods Ended

Twenty-Six Week Periods Ended

March 28, 2026

March 29, 2025

March 28, 2026

March 29, 2025

NET SALES

$            2,544

$            2,150

$            4,828

$            4,156

COST OF SALES

1,033

876

1,965

1,647

GROSS PROFIT

1,511

1,274

2,863

2,509

SELLING AND ADMINISTRATIVE EXPENSES

273

236

527

447

AMORTIZATION OF INTANGIBLE ASSETS

60

47

116

97

INCOME FROM OPERATIONS

1,178

991

2,220

1,965

INTEREST EXPENSE—NET

484

378

959

756

OTHER INCOME

(6)

(9)

(11)

(32)

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES

700

622

1,272

1,241

INCOME TAX PROVISION

164

143

291

269

NET INCOME

536

479

981

972

LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS

(1)

—

(1)

—

NET INCOME ATTRIBUTABLE TO TD GROUP

$               535

$               479

$               980

$               972

NET INCOME APPLICABLE TO TD GROUP COMMON STOCKHOLDERS

$               535

$               479

$               921

$               923

Earnings per share attributable to TD Group common stockholders:

Earnings per share—Basic and diluted

$              9.20

$              8.24

$            15.82

$            15.86

Weighted-average shares outstanding:

Basic and diluted

58.2

58.1

58.2

58.2

TRANSDIGM GROUP INCORPORATED

SUPPLEMENTAL INFORMATION - RECONCILIATION OF

EBITDA, EBITDA AS DEFINED TO NET INCOME

FOR THE THIRTEEN AND TWENTY-SIX WEEK PERIODS ENDED

Table 2

MARCH 28, 2026 AND MARCH 29, 2025

(Amounts in millions, except per share amounts)

(Unaudited)

Thirteen Week Periods Ended

Twenty-Six Week Periods Ended

March 28, 2026

March 29, 2025

March 28, 2026

March 29, 2025

Net Income

$            536

$            479

$            981

$            972

Adjustments:

Depreciation and amortization expense

105

89

205

179

Interest expense-net

484

378

959

756

Income tax provision

164

143

291

269

EBITDA

1,289

$         1,089

2,436

2,176

Adjustments:

Acquisition transaction and integration-related expenses (1)

19

9

31

22

Non-cash stock and deferred compensation expense (2)

26

48

53

73

Other, net (3)

3

16

14

(47)

Gross Adjustments to EBITDA

48

73

98

48

EBITDA As Defined

$         1,337

$         1,162

$         2,534

$         2,224

EBITDA As Defined Margin (4)

52.6 %

54.0 %

52.5 %

53.5 %

____________________

(1)

Represents costs incurred to integrate acquired businesses into our operations; facility relocation costs and other acquisition-related costs; transaction and valuation-related costs for acquisitions comprising deal fees, legal, financial and tax due diligence expenses; and amortization expense of inventory step-up recorded in connection with the purchase accounting of acquired businesses.

(2)

Represents the compensation expense recognized under our stock option plans and deferred compensation plans.

(3)

Primarily represents foreign currency transaction gains or losses, payroll withholding taxes related to dividend equivalent payments and stock option exercises, non-service related pension costs, deferred compensation payments and other miscellaneous income or expense, such as gain on sale of business.

(4)

The EBITDA As Defined Margin represents the amount of EBITDA As Defined as a percentage of net sales.

TRANSDIGM GROUP INCORPORATED

SUPPLEMENTAL INFORMATION - RECONCILIATION OF REPORTED

EARNINGS PER SHARE TO ADJUSTED EARNINGS PER SHARE

FOR THE THIRTEEN AND TWENTY-SIX WEEK PERIODS ENDED

Table 3

MARCH 28, 2026 AND MARCH 29, 2025

(Amounts in millions, except per share amounts)

(Unaudited)

Thirteen Week Periods Ended

Twenty-Six Week Periods Ended

March 28, 2026

March 29, 2025

March 28, 2026

March 29, 2025

Reported Earnings Per Share

Net income

$                536

$                479

$                981

$                972

Less: Net income attributable to noncontrolling interests

(1)

—

(1)

—

Net income attributable to TD Group

535

479

980

972

Less: Dividends paid on participating securities

—

—

(59)

(49)

Net income applicable to TD Group common stockholders—basic and diluted

$                535

$                479

$                921

$                923

Weighted-average shares outstanding under the two-class method

Weighted-average common shares outstanding

56.4

56.1

56.4

56.2

Vested options deemed participating securities

1.8

2.0

1.8

2.0

Total shares for basic and diluted earnings per share

58.2

58.1

58.2

58.2

Earnings per share—basic and diluted

$               9.20

$               8.24

$             15.82

$             15.86

Adjusted Earnings Per Share

Net income

$                536

$                479

$                981

$                972

Gross Adjustments to EBITDA

48

73

98

48

Purchase Accounting Backlog Amortization

8

2

16

8

Tax adjustment (1)

(18)

(25)

(42)

(42)

Adjusted net income

$                574

$                529

$             1,053

$                986

Adjusted diluted earnings per share under the two-class method

$               9.85

$               9.11

$             18.09

$             16.94

Diluted Earnings Per Share to Adjusted Earnings Per Share

Diluted earnings per share from net income attributable to TD Group

$               9.20

$               8.24

$             15.82

$             15.86

Adjustments to diluted earnings per share:

Inclusion of the dividend equivalent payments

—

—

1.02

0.83

Acquisition transaction and integration-related expenses

0.36

0.14

0.62

0.40

Non-cash stock and deferred compensation expense

0.34

0.62

0.69

0.95

Tax adjustment on income from continuing operations before taxes (1)

(0.08)

(0.11)

(0.23)

(0.48)

Other, net

0.03

0.22

0.17

(0.62)

Adjusted earnings per share

$               9.85

$               9.11

$             18.09

$             16.94

___________________

(1)

For the thirteen and twenty-six week periods ended March 28, 2026 and March 29, 2025, the Tax adjustment represents the tax effect of the adjustments at the applicable effective tax rate, as well as the impact on the effective tax rate when excluding the excess tax benefits on stock option exercises. Stock compensation expense is excluded from adjusted net income and therefore we have excluded the impact that the excess tax benefits on stock option exercises have on the effective tax rate for determining adjusted net income.

TRANSDIGM GROUP INCORPORATED

SUPPLEMENTAL INFORMATION - RECONCILIATION OF NET CASH

PROVIDED BY OPERATING ACTIVITIES TO EBITDA, EBITDA AS DEFINED

FOR THE TWENTY-SIX WEEK PERIODS ENDED

Table 4

MARCH 28, 2026 AND MARCH 29, 2025

(Amounts in millions)

(Unaudited)

Twenty-Six Week Periods Ended

March 28, 2026

March 29, 2025

Net cash provided by operating activities

$               967

$               900

Adjustments:

Changes in assets and liabilities, net of effects from acquisitions and sales of businesses

294

322

Interest expense-net (1)

936

737

Income tax provision-current

292

271

Gain on sale of businesses, net

—

19

Non-cash stock and deferred compensation expense (2)

(53)

(73)

EBITDA

2,436

2,176

Adjustments:

Acquisition transaction and integration-related expenses (3)

31

22

Non-cash stock and deferred compensation expense (2)

53

73

Other, net (4)

14

(47)

EBITDA As Defined

$            2,534

$            2,224

______________________

(1)

Represents interest expense, net of interest income, excluding the amortization of debt issuance costs and discount on debt.

(2)

Represents the compensation expense recognized under our stock option plans and deferred compensation plans.

(3)

Represents costs incurred to integrate acquired businesses into our operations; facility relocation costs and other acquisition-related costs; transaction and valuation-related costs for acquisitions comprising deal fees, legal, financial and tax due diligence expenses; and amortization expense of inventory step-up recorded in connection with the purchase accounting of acquired businesses.

(4)

Primarily represents foreign currency transaction gains or losses, payroll withholding taxes related to dividend equivalent payments and stock option exercises, non-service related pension costs, deferred compensation payments and other miscellaneous income or expense, such as gain on sale of business.

TRANSDIGM GROUP INCORPORATED

SUPPLEMENTAL INFORMATION - BALANCE SHEET DATA

Table 5

(Amounts in millions)

(Unaudited)

March 28, 2026

September 30, 2025

Cash and cash equivalents

$                 3,884

$                 2,808

Trade accounts receivable—Net

1,720

1,617

Inventories—Net

2,400

2,095

Current portion of long-term debt

129

124

Short-term borrowings—trade receivable securitization facility

724

724

Accounts payable

425

368

Accrued and other current liabilities

1,162

966

Long-term debt

31,150

29,167

Total TD Group stockholders' deficit

(9,402)

(9,686)

TRANSDIGM GROUP INCORPORATED

SUPPLEMENTAL INFORMATION - RECONCILIATION OF EBITDA,

EBITDA AS DEFINED TO NET INCOME AND REPORTED EARNINGS PER

SHARE TO ADJUSTED EARNINGS PER SHARE GUIDANCE MIDPOINT

FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2026

Table 6

(Amounts in millions, except per share amounts)

(Unaudited)

GUIDANCE MIDPOINT

Fiscal Year Ended September 30, 2026

Net Income

$                                2,066

Adjustments:

Depreciation and amortization expense

438

Interest expense-net

2,020

Income tax provision

635

EBITDA

5,159

Adjustments:

Acquisition transaction and integration-related expenses (1)

70

Non-cash stock and deferred compensation expense (1)

170

Other, net (1)

21

Gross Adjustments to EBITDA

261

EBITDA As Defined

$                                5,420

EBITDA As Defined Margin (1)

52.3 %

Earnings per share

$                                34.60

Adjustments to earnings per share:

Inclusion of the dividend equivalent payments

1.02

Acquisition transaction and integration-related expenses

1.42

Non-cash stock and deferred compensation expense

2.23

Other, net

0.25

Adjusted earnings per share

$                                39.52

Weighted-average shares outstanding

58.0

___________________

(1)

Refer to Table 2 above for definitions of Non-GAAP measurement adjustments.

TRANSDIGM GROUP INCORPORATED

SUPPLEMENTAL INFORMATION

CURRENT FISCAL YEAR 2026 GUIDANCE VERSUS

PRIOR FISCAL YEAR 2026 GUIDANCE

Table 7

(Amounts in millions, except per share amounts)

(Unaudited)

Current

Fiscal Year 2026
Guidance Issued
May 5, 2026

Prior

Fiscal Year 2026
Guidance Issued
February 3, 2026

Change at
Midpoint

Net Sales

$10,300 to $10,420

$9,845 to $10,035

$420

GAAP Net Income

$2,026 to $2,106

$1,952 to $2,064

$58

GAAP Earnings Per Share

$33.91 to $35.29

$32.47 to $34.39

$1.17

EBITDA As Defined

$5,370 to $5,470

$5,140 to $5,280

$210

Adjusted Earnings Per Share

$38.83 to $40.21

$37.42 to $39.34

$1.14

Weighted-Average Shares Outstanding

58.0

58.3

(0.3)

SOURCE TransDigm Group Inc.

TransDigm Group Incorporated (TDG) Q2 2026 Earnings Call Transcript

TransDigm Group (TDG - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

As such, the Zacks rating upgrade for TransDigm is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for TransDigm imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for TransDigmThis aircraft components maker is expected to earn $39.83 per share for the fiscal year ending September 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for TransDigm. Over the past three months, the Zacks Consensus Estimate for the company has increased 3.9%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of TransDigm to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

On May 28, 2026, we delve into the DCF analysis for TransDigm Group Inc (TDG), a company that has seen varied price performance recently. Over the past week, TD

It has been about a month since the last earnings report for TransDigm Group (TDG - Free Report) . Shares have lost about 1.8% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is TransDigm due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.

TransDigm's Q2 Earnings Surpass Estimates, Sales Increase Y/Y

TransDigm Group Incorporated reported second-quarter fiscal 2026 adjusted earnings of $9.85 per share, which topped the Zacks Consensus Estimate of $9.32 by 5.7%. The bottom line also improved 8% from the prior-year quarter’s figure of $9.11.

The company reported GAAP earnings of $9.20 per share compared with $8.24 in the year-ago quarter.

TransDigm’s Q2 Sales DiscussionSales amounted to $2.54 billion, up 18% from $2.15 billion registered in the prior-year period. The reported figure also topped the Zacks Consensus Estimate of $2.42 billion by 4.9%.

Organic sales, as a percentage of net sales, grew 11%.

TDG’s Operating ResultsThe gross profit was $1.51 billion, up 18.6% from the year-ago quarter’s level of $1.27 billion.

TDG’s interest expenses increased 28% year over year to $484 million.

Net income increased 11.9% year over year to $536 million.

During the fiscal second quarter of 2026, TDG repurchased 602,070 shares of its common stock at an average price per share of $1,201 for a total amount of $723 million. For the 26 week period ended March 28, 2026, the company repurchased 687,282 shares of its common stock at an average price per share of $1,207 for a total amount of $829 million.

TransDigm’s Financial PositionCash and cash equivalents as of March 28, 2026, amounted to $3.89 billion, up from $2.81 billion recorded as of Sept. 30, 2025.

Long-term debt as of March 28, 2026, totaled $31.15 billion, up from $29.2 billion as of Sept. 30, 2025.

Cash from operating activities amounted to $967 million compared with $900 million in the year-ago period.

TDG’s 2026 GuidanceThe company now expects its net sales to be in the range of $10.300-$10.420 billion compared with the previous guidance of $9.845-$10.035 billion. The Zacks Consensus Estimate is pegged at $10.04 billion, which is lower than the company’s newly guided range.

TDG expects fiscal 2026 adjusted earnings to be in the band of $38.83-$40.21 per share compared with its previous guidance of $37.42-$39.34 per share. The Zacks Consensus Estimate for fiscal 2026 earnings is pegged at $39.15 per share, higher than the midpoint of the company’s revised guided range.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates review.

VGM ScoresCurrently, TransDigm has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, TransDigm has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

States and the federal government may be battling over who has the power to regulate prediction markets, but the companies building them are chugging along as the platforms continue to experience huge growth.

The Commodity Futures Trading Commission and six states across the country are in lawsuits over who has the jurisdiction to develop regulations on event contracts. Seventeen states in total are challenging companies with prediction markets — like Kalshi, Polymarket, Coinbase and Robinhood — and one has moved to ban them entirely. 

States are arguing that they have the ability to regulate these platforms due to their sports businesses, which they say are equivalent to gambling. Sports event contracts make up the majority of volume on prediction markets. However, the CFTC argues its right to regulate swaps and derivatives places all of these contracts under its jurisdiction. 

Congress is also stepping in with its own plans. House Oversight and Government Reform Committee Chairman James Comer told CNBC's "Squawk Box" on Friday that he is seeking information from Kalshi and Polymarket's CEOs on their internal efforts to regulate insider trading.

But legal uncertainty isn't halting the confidence to invest in growing these platforms, based on comments from private companies' leadership and private ones' valuations. 

"There's a lot of noise around the legal position-setting prediction markets," said Flutter Entertainment CEO Jeremy Peter Jackson in its earnings call earlier this month. Flutter owns FanDuel Predicts. "Until we get through and understand ultimately what the Supreme Court says, I think we're going to live with this uncertainty."

Jackson said his company will continue to invest in market-making on third-party prediction market platforms, a new strategy it unveiled in its last earnings report, despite the legal questions.

DraftKings CEO Jason Robins said on a May earnings call that he sees the investment in the company's prediction market platform as a long-term one. 

"Obviously, there's always the chance that something regulatory wise or other changes, but assuming a consistent environment to what we see today, I expect that we'll continue to invest in 2027."

Legal questions aren't slowing down private company growth either. Kalshi said its valuation is now $22 billion after a recently announced funding round, rising from $11 billion in December. Polymarket's reportedly $15 billion valuation is up from $9 billion in October. 

Terrence Duffy, CME Group CEO — which helped develop FanDuel Predicts — said on an earnings call last month that while the legal fuss is over sports, other event contracts like on economics, politics and financial predictions are under less scrutiny. That's why he thinks they're growing. Bernstein estimates sports contracts will make up only about 30% of volumes by 2030. 

While he disagrees with the states, Robinhood CEO Vlad Tenev said he understands their frustrations. 

"I would love it if the states didn't have concerns, but it's also … not irrational, right?" he said on Robinhood's April earnings call. "This is a jurisdictional dispute … and this is something that'll play out in the coming years."

Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.

DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

NEW YORK, June 04, 2026 (GLOBE NEWSWIRE) -- NEXTPredict.io, a leading media and conference organization, and host of NEXTPredict NYC, announced today that Jason Robins, co-founder and CEO of DraftKings, will join the speaker lineup for its inaugural event, taking place Oct. 22–23 at Hudson Yards.

As CEO of DraftKings, Robins has played a leading role in the evolution of regulated event-based trading and sports betting in the United States. His participation adds an operator perspective to discussions around market structure, liquidity, user adoption and the role consumer platforms may play as prediction markets continue to grow in popularity.

“Prediction markets are entering a pivotal stage of growth as finance, media and technology continue to converge around the same core infrastructure,” Robins said. “We’re seeing real-time markets become a much larger part of how people consume information, assess probability and engage with major events. As regulatory conversations continue to evolve nationally and globally, the opportunity for these markets to become more accessible and mainstream is maturing rapidly. The leaders in this room will play an important role in shaping how the category evolves over the next decade.”

Robins joins a growing speaker lineup that includes senior leaders from Blackstone, Bloomberg Intelligence, Bank of America and CNBC, further positioning NEXTPredict NYC as a gathering place for executives operating at the intersection of finance, forecasting and emerging market infrastructure. The summit will bring together more than 2,500 operators, market makers, regulators, vendors, media executives and infrastructure providers for two days of discussions centered on regulation, liquidity, infrastructure and the future of market-based forecasting.

“Jason brings one of the most influential operator perspectives in the industry,” said Pierre Lindh, co-founder and managing director of NEXTPredict. “As prediction markets move further into the mainstream, the platforms building liquidity, trust and user adoption will help shape the future of the category. Having that perspective represented at the event is important.”

The agenda will focus on the forces shaping the prediction markets ecosystem, including regulation, liquidity, market infrastructure, institutional capital flows, forecasting applications and the role of media in distributing market signals.

NEXTPredict NYC will take place weeks before the 2026 U.S. midterm elections, a period expected to increase activity across political, economic and global event markets.

ABOUT NEXTPREDICT
NEXTPredict is a media and events platform dedicated exclusively to the global prediction markets industry. Launched by the team behind NEXT.io, NEXTPredict delivers independent news, analysis, and convenings focused on the intersection of forecasting, finance, technology, and public policy. Its flagship event, The World’s Prediction Markets Summit, will take place October 22–23, 2026, at Convene, Hudson Yards in New York City, bringing together founders, executives, investors, and policymakers. As prediction markets continue to move into the mainstream, the summit is designed to explore the future of market-based forecasting, with sessions focused on regulation, liquidity, infrastructure, product development, and capital flows.

Media Contact:
Sterling Randle
Digital Sport Hot Paper Lantern for NEXTPredict.io
[email protected]