Track market-moving stories before they get noisy

Key Takeaways CVE increased its quarterly base dividend by 10% to 22 cents per share, marking six straight years of growth.Cenovus returned $1.0B to its shareholders through buybacks, dividends and redemptions in Q1 2026.CVE's key projects are expected to enhance its production, cash flow and future shareholder returns. Cenovus Energy Inc. (CVE - Free Report) is a leading Canadian integrated energy company with a diversified asset portfolio spanning oil sands, conventional oil and gas assets, offshore operations and refining facilities across Canada and the United States. CVE’s upstream operations generate the majority of its revenues by extracting crude oil, natural gas liquids and natural gas. The integrated giant’s downstream business generates revenues by refining these resources into petroleum products like gasoline and diesel.

Cenovus generates enough revenues to return capital to its shareholders through dividends and share buybacks. In the first quarter of 2026, CVE increased its quarterly base dividend by 10% to 22 cents per share, marking six consecutive years of dividend growth. During the same period, the company returned approximately $1.0 billion to its shareholders through dividends, share buybacks and preferred share redemptions. Since 2021, Cenovus has repurchased about 13% of its outstanding shares.

Cenovus plans to boost its future cash flows through several high-return growth projects. Key initiatives include the Christina Lake North expansion, the West White Rose offshore project, the Foster Creek optimization project and the Sunrise expansion. These projects are expected to boost production, cash flow and shareholder returns over the long term.

XOM & CVX Focus on Returning Capital to Its ShareholdersExxon Mobil Corporation (XOM - Free Report) and Chevron Corporation (CVX - Free Report) are other integrated giants that generate enough revenues to return capital to their shareholders.

ExxonMobil distributed $9.2 billion to shareholders, including $4.3 billion in dividends and $4.9 billion through stock repurchases. This strong capital return program keeps XOM on pace with its plan to repurchase $20 billion of shares in 2026.

Chevron rewarded shareholders with a total of $27.1 billion through 2025, including $12.1 billion in share repurchases and $2.2 billion related to the acquisitions of Hess Corporation. This strong shareholder return program marked the company's 38th consecutive year of annual dividend increases. Continuing this trend into early 2026, CVX paid out $3.5 billion in common stock dividends and repurchased $2.5 billion worth of shares during the first quarter.

CVE’s Price Performance, Valuation & EstimatesCenovus shares have gained 96.7% over the past year compared with 66.7% growth of the industry.

Image Source: Zacks Investment Research

From a valuation standpoint, CVE trades at a trailing 12-month enterprise-value-to-EBITDA (EV/EBITDA) of 7.03X. This is below the broader industry average of 7.21X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CVE’s 2026 earnings has remained constant over the past seven days.

Image Source: Zacks Investment Research

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

NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Jefferies Financial Group Inc. (“Jefferies” or the “Company”) (NYSE: JEF).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Jefferies and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 29, 2025, The Wall Street Journal published an article entitled “Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions,” reporting that “[t]he closely held company’s lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting” and that “First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables.”  Then, on October 8, 2025, The Wall Street Journal further reported, in an article entitled “First Brands Bankruptcy Damage Spreads to Jefferies UBS,” that Jefferies “said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands’ parts.”  

On this news, Jefferies’ stock price fell $4.66 per share, or 7.88%, to close at $54.44 per share on October 8, 2025. 

The following day, Reuters disclosed that “The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group” and that “[t]he Justice Department is probing the company and its dealings with creditors.” 

On this news, Jefferies’ stock price fell another $1.43 per share, or 2.63%, to close at $53.01 per share on October 9, 2025. 

On November 27, 2025, The Financial Times reported that the U.S. Securities and Exchange Commission is investigating Jefferies in connection with its relationship with First Brands, including whether Jefferies gave investors in its Point Bonita fund enough information about their exposure to First Brands.  Later, on January 7, 2026, The Financial Times reported that Jefferies took a $30 million loss tied to the collapse of First Brands.  

On this news, Jefferies’ stock price fell $3.62 per share, or 5.6%, to close at $61.05 per share on January 8, 2026.

Then, on March 6, 2026, Western Alliance Bancorp. announced that it was suing Jefferies, alleging that Jefferies’ affiliates backpedaled on previous assurances that they could pay off a large commercial loan balance.  The loans were collateralized by accounts receivable purchased from the now-collapsed First Brands. 

On this news, Jefferies’ stock price fell $5.99 per share, or 13.53%, to close at $38.29 per share on March 6, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Jefferies Financial Group Inc. ("Jefferies" or the "Company") (NYSE: JEF).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Jefferies and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 29, 2025, The Wall Street Journal published an article entitled "Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions," reporting that "[t]he closely held company's lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting" and that "First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables."  Then, on October 8, 2025, The Wall Street Journal further reported, in an article entitled "First Brands Bankruptcy Damage Spreads to Jefferies UBS," that Jefferies "said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands' parts." 

On this news, Jefferies' stock price fell $4.66 per share, or 7.88%, to close at $54.44 per share on October 8, 2025. 

The following day, Reuters disclosed that "The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group" and that "[t]he Justice Department is probing the company and its dealings with creditors." 

On this news, Jefferies' stock price fell another $1.43 per share, or 2.63%, to close at $53.01 per share on October 9, 2025. 

On November 27, 2025, The Financial Times reported that the U.S. Securities and Exchange Commission is investigating Jefferies in connection with its relationship with First Brands, including whether Jefferies gave investors in its Point Bonita fund enough information about their exposure to First Brands.  Later, on January 7, 2026, The Financial Times reported that Jefferies took a $30 million loss tied to the collapse of First Brands.  

On this news, Jefferies' stock price fell $3.62 per share, or 5.6%, to close at $61.05 per share on January 8, 2026.

Then, on March 6, 2026, Western Alliance Bancorp. announced that it was suing Jefferies, alleging that Jefferies' affiliates backpedaled on previous assurances that they could pay off a large commercial loan balance.  The loans were collateralized by accounts receivable purchased from the now-collapsed First Brands. 

On this news, Jefferies' stock price fell $5.99 per share, or 13.53%, to close at $38.29 per share on March 6, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

NEW YORK, April 14, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Jefferies Financial Group Inc. (“Jefferies” or the “Company”) (NYSE: JEF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Jefferies and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 29, 2025, The Wall Street Journal published an article entitled “Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions,” reporting that “[t]he closely held company’s lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting” and that “First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables.” Then, on October 8, 2025, The Wall Street Journal further reported, in an article entitled “First Brands Bankruptcy Damage Spreads to Jefferies UBS,” that Jefferies “said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands’ parts.”

On this news, Jefferies’ stock price fell $4.66 per share, or 7.88%, to close at $54.44 per share on October 8, 2025. 

The following day, Reuters disclosed that “The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group” and that “[t]he Justice Department is probing the company and its dealings with creditors.” 

On this news, Jefferies’ stock price fell another $1.43 per share, or 2.63%, to close at $53.01 per share on October 9, 2025. 

On November 27, 2025, The Financial Times reported that the U.S. Securities and Exchange Commission is investigating Jefferies in connection with its relationship with First Brands, including whether Jefferies gave investors in its Point Bonita fund enough information about their exposure to First Brands. Later, on January 7, 2026, The Financial Times reported that Jefferies took a $30 million loss tied to the collapse of First Brands.

On this news, Jefferies’ stock price fell $3.62 per share, or 5.6%, to close at $61.05 per share on January 8, 2026.

Then, on March 6, 2026, Western Alliance Bancorp. announced that it was suing Jefferies, alleging that Jefferies’ affiliates backpedaled on previous assurances that they could pay off a large commercial loan balance. The loans were collateralized by accounts receivable purchased from the now-collapsed First Brands. 

On this news, Jefferies’ stock price fell $5.99 per share, or 13.53%, to close at $38.29 per share on March 6, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Jefferies Financial Group Inc. (“Jefferies” or the “Company”) (NYSE: JEF).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Jefferies and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 29, 2025, The Wall Street Journal published an article entitled “Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions,” reporting that “[t]he closely held company’s lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting” and that “First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables.”  Then, on October 8, 2025, The Wall Street Journal further reported, in an article entitled “First Brands Bankruptcy Damage Spreads to Jefferies UBS,” that Jefferies “said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands’ parts.”  

On this news, Jefferies’ stock price fell $4.66 per share, or 7.88%, to close at $54.44 per share on October 8, 2025. 

The following day, Reuters disclosed that “The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group” and that “[t]he Justice Department is probing the company and its dealings with creditors.” 

On this news, Jefferies’ stock price fell another $1.43 per share, or 2.63%, to close at $53.01 per share on October 9, 2025. 

On November 27, 2025, The Financial Times reported that the U.S. Securities and Exchange Commission is investigating Jefferies in connection with its relationship with First Brands, including whether Jefferies gave investors in its Point Bonita fund enough information about their exposure to First Brands.  Later, on January 7, 2026, The Financial Times reported that Jefferies took a $30 million loss tied to the collapse of First Brands.  

On this news, Jefferies’ stock price fell $3.62 per share, or 5.6%, to close at $61.05 per share on January 8, 2026.

Then, on March 6, 2026, Western Alliance Bancorp. announced that it was suing Jefferies, alleging that Jefferies’ affiliates backpedaled on previous assurances that they could pay off a large commercial loan balance.  The loans were collateralized by accounts receivable purchased from the now-collapsed First Brands. 

On this news, Jefferies’ stock price fell $5.99 per share, or 13.53%, to close at $38.29 per share on March 6, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.   

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Posted by Defense World Staff on Apr 24th, 2026

Jefferies Financial Group Inc. (NYSE:JEF – Get Free Report) has been assigned an average recommendation of “Hold” from the seven analysts that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $58.1429.

Several analysts recently issued reports on the stock. Oppenheimer cut their price target on shares of Jefferies Financial Group from $97.00 to $74.00 and set an “outperform” rating on the stock in a report on Friday, March 13th. UBS Group decreased their price objective on shares of Jefferies Financial Group from $76.00 to $59.00 and set a “buy” rating for the company in a report on Thursday, March 12th. Zacks Research raised shares of Jefferies Financial Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Jefferies Financial Group in a research note on Friday, March 27th. Finally, The Goldman Sachs Group increased their price target on shares of Jefferies Financial Group from $47.00 to $54.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th.

Read Our Latest Research Report on Jefferies Financial Group

Key Headlines Impacting Jefferies Financial Group Here are the key news stories impacting Jefferies Financial Group this week:

Positive Sentiment: Jefferies’ research remains active and visible — analysts reiterated a Buy on Galderma, highlighting broad revenue outperformance and lower execution risk; persistent, high‑profile research helps Jefferies monetize coverage through trading and investment‑banking flow. Galderma Group AG: Broad-Based Revenue Outperformance and Lower Execution Risk Support Buy Rating Positive Sentiment: Jefferies’ coverage helped fuel a recent rally in Groww after strong Q4 results; buy recommendations from Jefferies can boost brokerage/trading volumes and underwriting opportunities if momentum continues. Groww shares rally 14% in just 3 days. Should investors buy after Q4 results? Neutral Sentiment: A slate of routine reiterations (Holds and sector notes across Europe and consumer names) suggests steady, non‑disruptive research flow rather than incremental upside or downside for JEF; this is normal recurring business. Example: Hold on XP Power. Hold Rating Maintained as Semiconductor Order Rebound Clashes with Modest Revenue Momentum Negative Sentiment: Direct negative driver: Jefferies Financial Group’s March‑quarter results missed EPS expectations ($0.70 vs. $0.89 consensus) despite revenue roughly in line — weaker EPS and modest margins weigh on near‑term sentiment and help explain the stock’s decline. Technicals (50‑day SMA below 200‑day SMA) add to short‑term pressure. Institutional Inflows and Outflows Several hedge funds have recently made changes to their positions in the company. Bison Wealth LLC bought a new stake in shares of Jefferies Financial Group in the 4th quarter valued at approximately $224,000. Arrowstreet Capital Limited Partnership bought a new position in Jefferies Financial Group during the second quarter worth $3,325,000. EverSource Wealth Advisors LLC boosted its holdings in Jefferies Financial Group by 159.3% in the second quarter. EverSource Wealth Advisors LLC now owns 892 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 548 shares during the period. Amundi increased its stake in Jefferies Financial Group by 8.6% during the second quarter. Amundi now owns 226,025 shares of the financial services provider’s stock valued at $12,798,000 after purchasing an additional 17,935 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in Jefferies Financial Group by 11.8% during the second quarter. NewEdge Advisors LLC now owns 25,970 shares of the financial services provider’s stock valued at $1,420,000 after purchasing an additional 2,751 shares during the last quarter. Institutional investors and hedge funds own 60.88% of the company’s stock.

Jefferies Financial Group Price Performance JEF stock opened at $45.69 on Tuesday. The stock’s 50 day moving average is $44.09 and its two-hundred day moving average is $53.54. Jefferies Financial Group has a 52-week low of $35.53 and a 52-week high of $71.04. The company has a market capitalization of $9.34 billion, a PE ratio of 15.44 and a beta of 1.52. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.87.

Jefferies Financial Group (NYSE:JEF – Get Free Report) last released its earnings results on Wednesday, March 25th. The financial services provider reported $0.70 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.19). Jefferies Financial Group had a net margin of 6.61% and a return on equity of 7.83%. The business had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter last year, the company posted $0.57 earnings per share. The business’s quarterly revenue was up 26.6% compared to the same quarter last year. Analysts predict that Jefferies Financial Group will post 3.79 earnings per share for the current fiscal year.

Jefferies Financial Group Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, May 18th. This represents a $1.60 annualized dividend and a yield of 3.5%. Jefferies Financial Group’s dividend payout ratio is presently 54.05%.

About Jefferies Financial Group (Get Free Report)

Jefferies Financial Group Inc is a diversified financial services company that provides a range of investment banking, capital markets and asset management services to corporations, governments and institutional investors worldwide. Through its core platform, Jefferies offers advisory services for mergers and acquisitions, debt and equity underwriting, restructuring and recapitalization. The firm also operates a global sales and trading business covering equities, fixed income and foreign exchange products, complemented by equity research and macroeconomic analysis.

In addition to its capital markets franchise, Jefferies maintains a growing asset management division that delivers customized investment solutions across public and private markets.

Featured Stories Five stocks we like better than Jefferies Financial Group

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

« PREVIOUS HEADLINECwm LLC Buys 10,699 Shares of SPDR S&P Biotech ETF $XBI

NEXT HEADLINE »Carpenter Technology Corporation (NYSE:CRS) Receives $403.11 Average Price Target from Analysts

Posted by Defense World Staff on Apr 27th, 2026

Consumer Portfolio Services (NASDAQ:CPSS – Get Free Report) and Jefferies Financial Group (NYSE:JEF – Get Free Report) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, profitability, risk, analyst recommendations, valuation, earnings and institutional ownership.

Analyst Ratings This is a breakdown of current ratings for Consumer Portfolio Services and Jefferies Financial Group, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Consumer Portfolio Services 1 0 0 0 1.00 Jefferies Financial Group 0 4 3 0 2.43 Jefferies Financial Group has a consensus price target of $58.14, suggesting a potential upside of 22.55%. Given Jefferies Financial Group’s stronger consensus rating and higher probable upside, analysts plainly believe Jefferies Financial Group is more favorable than Consumer Portfolio Services.

Profitability This table compares Consumer Portfolio Services and Jefferies Financial Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Consumer Portfolio Services 4.45% 6.34% 0.51% Jefferies Financial Group 6.61% 7.83% 1.15% Institutional and Insider Ownership 47.6% of Consumer Portfolio Services shares are held by institutional investors. Comparatively, 60.9% of Jefferies Financial Group shares are held by institutional investors. 63.7% of Consumer Portfolio Services shares are held by company insiders. Comparatively, 19.9% of Jefferies Financial Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Volatility and Risk Consumer Portfolio Services has a beta of 1.08, meaning that its share price is 8% more volatile than the S&P 500. Comparatively, Jefferies Financial Group has a beta of 1.52, meaning that its share price is 52% more volatile than the S&P 500.

Earnings & Valuation This table compares Consumer Portfolio Services and Jefferies Financial Group”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Consumer Portfolio Services $434.47 million 0.42 $19.33 million $0.80 10.59 Jefferies Financial Group $10.82 billion 0.90 $710.47 million $2.96 16.03 Jefferies Financial Group has higher revenue and earnings than Consumer Portfolio Services. Consumer Portfolio Services is trading at a lower price-to-earnings ratio than Jefferies Financial Group, indicating that it is currently the more affordable of the two stocks.

Summary Jefferies Financial Group beats Consumer Portfolio Services on 13 of the 14 factors compared between the two stocks.

About Consumer Portfolio Services (Get Free Report)

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories or past credit problems. It also serves as an alternative source of financing for dealers, facilitating sales to customers who are not able to obtain financing from commercial banks, credit unions, and the captive finance companies. In addition, the company acquires installment purchase contracts in merger and acquisition transactions; purchases immaterial amounts of vehicle purchase money loans from non-affiliated lenders. It services its automobile contracts through its branches in California, Nevada, Virginia, Florida, and Illinois. The company was incorporated in 1991 and is based in Las Vegas, Nevada.

About Jefferies Financial Group (Get Free Report)

Jefferies Financial Group Inc. operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services. The company also offers financing, securities lending, and other prime brokerage services; equities research, sales, and trading services; wealth management services; and online foreign exchange trading services. In addition, it provides investment grade distressed debt securities, U.S. and European government and agency securities, municipal bonds, leveraged loans, emerging markets debt, and interest rate and credit index derivative products; and manages and offers services to a diverse group of alternative asset management platforms across a spectrum of investment strategies and asset classes. The company was formerly known as Leucadia National Corporation and changed its name to Jefferies Financial Group Inc. in May 2018. Jefferies Financial Group Inc. was founded in 1962 and is headquartered in New York, New York.

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

« PREVIOUS HEADLINEBest Robotics Stocks To Research – April 25th

NEXT HEADLINE »Valvoline (NYSE:VVV) Given Average Rating of “Moderate Buy” by Brokerages

📌 Top story -- scroll down for more updates

Donuts and Wings and an IPO 5:24 pm

It’s Friday, so treat yourself! Inspire Brands, the private empire behind Dunkin’, Arby’s, Buffalo Wild Wings, Sonic Drive-In, Baskin Robbins, and Jimmy John’s, just confidentially filed for an IPO. Backer Roark Capital wants a $20 billion valuation, which would rank this among the biggest restaurant offerings ever.

33,300 locations, $33.4B in sales: That looks like a small nation that runs on coffee and chicken wings. They’re not alone: Jersey Mike’s also filed last month. Everyone wants a slice of the public markets right now, even if the IPO window is only half-open. How Big Is Inspire Brands?

🍩 Restaurants

33,300+

👨‍🍳 Team members

650,000

🤝 Franchisees

2,700+

🌍 Global markets

57

📱 U.S. digital sales

$11B+

Source: inspirebrands.com/about-us/

Micron Recovers as Memory Demand Holds 4:20 pm — MU +15.49% today

That was quite a 24-hour stretch for Micron (MU 1.02%)! Shares tumbled 3% Thursday after Bernstein raised the alarm on the computer memory spot market, then rocketed 9% Friday morning, with Bernstein once again pulling the strings, to end the day up 15.5%. (Leave it to Wall Street...) The worry is that DRAM and NAND prices have gotten so hot that some buyers are being priced out, which could pump the brakes on gains heading into Q2 2026. But here’s the twist. April DRAM prices surged 57% versus Q1 averages, and NAND jumped 65–70%. The buyers who can afford memory are still buying — aggressively — and that’s keeping the bull case very much alive.

Don’t panic about Q2: Analysts still expect Micron to earn about $19/share in the May quarter on $33.5 billion in revenue, a jaw-dropping 260% sales increase year over year. That price target, though: Bernstein’s buy rating hasn’t budged but it's sitting on a $510 target while Micron trades well above it — an awkward position that suggests a revision is coming, and probably soon. Foolish investors would do well to tune out the noise. After all, Micron is among the highest-scoring companies in both the Hidden Gems primary and Rule Breakers primary Moneyball databases.

Today's Change

(

-1.02

%) $

-10.15

Current Price

$

985.72

Closing Bell 4:06 pm

The S&P 500 and Nasdaq hit all-time intraday highs Friday after April’s jobs report showed nonfarm payrolls rising 177,000 — that was well above the 130,000 economists expected — while the unemployment rate held at 4.2%. The Nasdaq gained 4.5% over the past 5 days, powered by AI-driven tech earnings. Tempering the mood: a skirmish between U.S. and Iranian forces in the Strait of Hormuz sent oil prices up 1% to around $95 per barrel, though President Trump called the exchange "just a love tap" and Secretary of State Rubio said a ceasefire response from Iran was expected Friday.

Burry’s dot-com warning: Michael Burry says the market "feels like the last months of the 1999–2000 bubble," pointing to stocks rising simply because they’ve been rising — on a "two-letter thesis" (AI) everyone thinks they understand. Memory stocks on fire: Micron Technology (MU 1.02%) and Sandisk (SNDK +5.24%) each surged about 13% Friday and are up 35% and 27% respectively on the week, as the Philadelphia Semiconductor Index climbs 10%+ and notches 65% gains in 2026. Toast Drops 15% Despite AI Wins 3:50 pm — TOST -14.21%

By Tim Beyers
Team Rule Breakers

Shares of Toast (TOST +0.53%) are down close to 15% today on what appears to be concern about input costs -- particularly hardware costs -- as a result of tariffs impacting the supply chain. Macro concerns may also be in place. And yet Toast had a decent quarter. Already, 40,000 locations use the Toast IQ AI chatbot and those using the new Toast IQ Grow agent are seeing a meaningful uptick in order size. I’ll report more after carefully listening to the conference call.

Today's Change

(

0.53

%) $

0.13

Current Price

$

24.82

HubSpot Drops 20% on Soft Guidance 3:27 pm — HUBS -19.64%

HubSpot (HUBS +0.77%) got absolutely walloped Friday — down 20% — despite actually beating Q1 estimates. Revenue climbed 23% to $881 million, and adjusted EPS of $2.73 cleared the bar handily. What went wrong? Q2 revenue guidance of $897–$898 million landed just shy of the $902 million Wall Street wanted, and that was enough to send investors scrambling for the exits.

The agentic growing pains are real: HubSpot slashed prices on its Customer Agent and Prospecting Agent products in April, threw in 28-day free trials, and then discovered its own sales team needed retraining on the new usage-based plans. It was a perfect storm for a soft quarter start. Bargain or value trap? At just 16.0x this year’s earnings estimates, HUBS looks genuinely cheap. But until software companies prove they can thrive — not just survive — in the agentic AI era, the "SaaS-pocalypse" discount is likely here to stay. Metric (GAAP unless noted)Q1 2026Q1 2025Y/Y ChangeEPS (Non-GAAP)$2.72$1.78+52.8%Revenue (millions)$881.0$714.1+23.4%Operating Margin (Non-GAAP)17.8%14.0%+3.8 ppFree Cash Flow (Non-GAAP, millions)$153.7$122.3+25.6%Customers (Non-GAAP)299,458258,147+16.0% Baby Boom Fuels Progyny’s Rally 2:46 pm — PGNY +20.41%

By Alicia Alfiere
Team Rule Breakers

Progyny’s (PGNY +3.74%) stock is up today, partly because of the conservative guidance issued during its fourth-quarter earnings call. Back in March, Progyny projected that benefit usage could slip to the lower end of its historical range. That conservative guidance likely caused Progyny’s share price to decline after its fourth-quarter results were released.

The company reported first-quarter earnings and, instead of historically low benefit utilization, said member engagement came in at the higher end of expectations.

Nelnet’s Growth Continues 2:26 pm — NNI -15.07%

By Buck Hartzell

All divisions of Nelnet (NNI +1.35%) grew YoY. The biggest driver of growth is their acquisition of Klarna’s (KLAR 1.04%) BNPL loans. That balance reached $766.2 million at quarter end. Their provision for loan losses was $48.5 million vs $13.0 million in Q1 2025. This was entirely due to portfolio growth. Their bank saw net loan and interest income grow 43.5% YoY to $17.8 million. Loan Servicing grew revenues 5.8% to $128.8 million. Education Technology and Payments grew revenues 4.8% YoY to $154.4 million. Nelnet still has two very large assets in ALLO Communications and Hudl that I believe are undervalued on their balance sheet. The stock is still a buy.

Today's Change

(

1.35

%) $

1.73

Current Price

$

130.30

Amazon Data Center Overheats 1:10 pm -- AMZN +0.8%

Amazon (AMZN 1.24%) Web Services is battling a "thermal issue" at a Northern Virginia data center that has crippled major trading and betting platforms. Starting Thursday night, the overheating in a primary US-East-1 availability zone triggered server impairments for Coinbase Global (COIN 0.41%) and Flutter Entertainment's (FLUT 0.14%) FanDuel. While Coinbase reported core services are resolving, FanDuel users faced extended lockouts, preventing crucial mid-game bet cash-outs. AWS, which controls a third of the cloud market, expects a full recovery to take several hours as technicians bring supplemental cooling capacity online to rescue the affected hardware.

The Cost of Centralization: This single-zone failure highlights the systemic risk for fintech firms reliant on AWS, as even localized hardware heat can disconnect millions from global markets. Infrastructure Fragility: The reliance on EC2 virtual servers means that until the physical Virginia facility cools down, digital platforms remain vulnerable to intermittent "instance impairments." Today's Lunchtime News 1:05 pm -- PGNY +17.5%

Progyny (PGNY +3.74%) posted higher first-quarter revenue and profit while expanding its client base and completing a $200 million share repurchase program, signaling continued momentum despite the loss of a previously disclosed large client. Revenue rose 1.4% year over year to $328.5 million, or 12.2% excluding the lapsed contract.

Operational highlights: Net income jumped to $24.2 million, or $0.29 per diluted share, from $15.1 million a year earlier, while gross margin expanded to 25.3% from 23.4% on operational efficiencies and lower stock-based comp. Fertility benefit services revenue rose 1.5% to $209.4 million, and the company served 595 fertility and family building clients, up from 532 a year earlier. Capital return push: Progyny repurchased more than 5.5 million shares for $116.4 million during the quarter, completing its $200 million authorization. The board is currently evaluating a new repurchase plan. CEO Pete Anevski said the early selling season is pacing ahead of last year, with new pipeline build "substantially favorable" versus a year ago.

Today's Change

(

3.74

%) $

0.96

Current Price

$

26.61

MercadoLibre's Revenue Surges 49% 12:20 pm

By Buck Hartzell

MercadoLibre's (MELI 1.25%) margins shrank as they invested in future growth. Credit expansion, improved logistics, first party sales, cross border trade and free shipping are all working well.

Revenue + 49% YoY (46% FXN) to $8.8 B USD (fastest growth since Q2 2022) Income from ops -19.9% to $611 M (6.9% margin vs 12.9% in Q1 25) Net income -15.5% to $417 M (4.7% margin vs 8.3% in Q1 25) TPV + 50% YoY (55% FXN) to $87.2 B Credit portfolio + 87% YoY to $14.6 B Issued 2.7 M credit cards in Q1 26. Credit growth requires reserving, which hurts near term margins. The stock remains attractive for patient capital.

Today's Change

(

-1.25

%) $

-20.12

Current Price

$

1589.88

Gas Prices Sink Sentiment to New Low 11:25 am

Consumer sentiment plummeted to a preliminary reading of 48.2 in May, marking a fresh record low as the Iran war continues to drive energy costs higher. Despite a strong labor report, the University of Michigan survey revealed that one-third of respondents blame surging gas prices — now averaging $4.54 nationally — for their deteriorating outlook. While retail giants like Walmart (WMT +0.44%) and Amazon (AMZN 1.24%) have remained resilient, the 9% drop in current conditions suggests major purchases are being shelved. Sentiment is unlikely to recover until supply disruptions resolve, though stock indexes stayed positive as long-term inflation expectations eased slightly to 3.4%.

The Double-Whammy Effect: Beyond the pump, another third of consumers cited aggressive tariffs as a primary headwind, creating a challenging environment for import-heavy companies like Target (TGT +1.95%). Inflationary Silver Lining: While current attitudes are grim, the one-year inflation projection dipped to 4.5%, offering the Federal Reserve a slim hope that price expectations are not becoming permanently unanchored.

The High Cost of Scaling AI 10:25 am

The AI infrastructure race is becoming a high-stakes cash-flow test for Alphabet (GOOG +0.44%), Microsoft (MSFT +0.11%), Amazon (AMZN 1.24%), and Meta Platforms (META 0.14%). Capital expenditures for data centers and chips are consuming an increasingly large share of operating cash, with Amazon spending nearly everything it generates on build-outs. Alphabet is the most striking example of this tension; its forward price-to-free-cash-flow multiple has soared above 200x. While these "hyperscalers" can afford the massive investment, the market is closely watching for when this capital-intensive "backbone" starts yielding clear bottom-line payoffs as free cash flow gets squeezed.

The 100% Threshold: If capex exceeds operating cash, these giants must look beyond daily profits to fund growth, a pivot that historically triggers investor anxiety. Valuation Disconnect: Alphabet’s surging multiple suggests investors are pricing in future AI dominance while simultaneously ignoring the shrinking pile of cash that survives the build-out. Opening Bell 9:35 am

Markets are climbing this Friday as a robust jobs report and resilient tech earnings override geopolitical friction. Nonfarm payrolls added 115,000 positions in April, shattering the 55,000 estimate, while the unemployment rate held steady at 4.3%. Chipmakers are providing the muscle, with Qualcomm (QCOM +4.32%) up 6% and Micron Technology (MU 1.02%) rising 4%. Despite a brief exchange of fire in the Strait of Hormuz, which President Trump characterized as a "love tap," markets remain optimistic. Investors are closely watching for Iran's formal response to a peace proposal as the S&P 500 continues to flirt with all-time highs.

Broad-Based Earnings Power: Analysts expect 20% year-over-year earnings growth to persist through 2026, suggesting the current market momentum has significant fundamental support beyond just a few tech giants. Energy Market Tension: Crude prices hover near $95 as the U.S. Navy destroyers intercepted attacks, though the continued ceasefire suggests traders are pricing in a diplomatic resolution rather than a full-scale oil supply shock. Market indexes

S&P 500

0.48%

Nasdaq

0.66%

Dow

0.36%

Trade Desk's Real Risk Is the Publicis Standoff 9:15 am -- TTD -13.11% in pre-market trading

By Sanmeet Deo
Team Rule Breakers

It seems the most pressing concern coming out of The Trade Desk's (TTD +2.06%) Q1 2026 earnings is not the macro nor the EPS miss but whether the Publicis situation represents an isolated negotiating dispute or the beginning of a broader agency pushback against TTD's pricing and transparency practices.

Omnicom's subsequent audit found no issues, which suggests the Publicis allegations may be overstated. But the market does not trade on what Omnicom found. It trades on uncertainty, and the uncertainty here is significant. Publicis manages enormous ad budgets for global brands. If their advisory against TTD sticks with even a portion of their clients, the revenue impact in Q2 and Q3 could be material, and TTD's guidance would be giving no credit to that risk.

The secondary concern is margin trajectory. A full-year target of at least 40% adjusted EBITDA margin requires a dramatic improvement from the 30% reported in Q1. That ramp requires either a meaningful revenue acceleration in the back half of the year or aggressive cost containment. The call gave investors no clear picture of which lever management is pulling.

The bull case remains intact in the long-term, the open Internet thesis, retail media, AI search, objectivity as competitive advantage. Jeff Green's $150 million personal stock purchase is not nothing. But the near-term is genuinely cloudy, and the call did more to validate investor anxiety than to resolve it.

Today's Change

(

2.06

%) $

0.39

Current Price

$

19.29

U.S. Hiring Surges Past Expectations 9:15 am

The U.S. labor market demonstrated surprising resilience in April, adding 115,000 jobs--nearly doubling economist forecasts of 65,000. While the tech-heavy information sector continues to contract, essential services like healthcare and logistics are propping up the S&P 500. Wage growth moderated to a 3.6% annual clip, providing a "Goldilocks" scenario for the Federal Reserve: strong enough to prevent a recession, but cool enough to avoid an inflationary spiral. This stability likely cements a "higher-for-longer" interest rate path, favoring companies with robust cash flows over speculative growth names.

Lime's IPO Filing Signals Thaw in IPO Market 8:00am

Micromobility pioneer Lime, officially incorporated as Neutron Holdings, has filed for an initial public offering to list on the Nasdaq under the ticker symbol "LIME." The start-up arrives at the public gates with significant institutional backing, most notably from Uber Technologies (UBER 1.01%), and a narrative centered on robust revenue expansion and a surging global user base. While the filing remains "placeholder" in nature--omitting specific pricing terms and valuation targets--the heavy-hitting underwriting team led by Goldman Sachs (GS +2.62%) and JPMorgan Chase (JPM +2.28%) suggests a high-conviction push to capitalize on the recent thaw in the IPO market.

Strategic Ecosystem Value: As a key partner in the Uber app ecosystem, Lime's public performance will be a critical litmus test for the long-term viability of the rental scooter and e-bike business model. Wall Street Heavyweights: The inclusion of top-tier bookrunners like Jefferies (JEF +3.35%) and Evercore (EVR +0.64%) indicates that institutional appetite for late-stage venture success stories is returning to the transportation sector. This Morning's Breakfast News 7:30 am -- NET -17.75% in pre-market trading

Cloudflare (NET +0.23%) fell over 18% ahead of the opening bell as investors see the company belatedly playing catch-up on AI, with management noting it's "the biggest tailwind we've ever seen," along with quarterly results showing a 4.67% fall in gross profit margins from the prior-year period.

"Cloudflare's usage of AI has increased by more than 600% in the last three months alone": 1,100 staff are being cut, with an email sent to staff saying management "have to be intentional in how we architect our company for the agentic AI era," with the job cuts representing 20% of the current workforce. News overshadows strong set of results: Despite the fall in gross margin, revenue rose by 34% versus the same period last year, with the outlook for full-year fiscal 2026 revenue and earnings raised.

ICYMI: Thursday's Scoreboard 6:30 am -- COST unchanged in pre-market trading

Costco (COST +0.67%) was the subject of the latest Scoreboard video.

Rocket Lab's Best Quarter Is the Drama-Free One 6:00 am -- RKLB +6.83% in pre-market trading

By Lou Whiteman
Team Hidden Gems

Rocket Lab (RKLB 10.91%) beat expectations for the quarter, but the real story of the earnings report was how little drama there was about the quarter.

The company generated $200 million in revenue in the quarter and posted a $12 million EBITDA loss, better than Wall Street's $190 million and a loss of $26 million expectation. But note that the company had guided for $185 million to $200 million in revenue, and the EBITDA beat was largely because of accounting: Rocket Lab benefited from a reversal of some 2025 bonus compensation accruals.

Rocket Lab needs to be viewed as a long-term growth story, not a quarter-to-quarter standout. And the company's forecast for the future, though not surprising, was encouraging. The company grew its backlog by 20% since last quarter thanks to strong bookings in its launch business.

Today's Change

(

-10.91

%) $

-12.52

Current Price

$

102.26

TSMC's AI Demand Drives April Revenue Higher 5:15 am -- TSM +0.63% in pre-market trading

TSMC (TSM +0.46%) reported a robust 17.5% year-over-year revenue increase for April, totaling NT$410.73 billion ($13.08 billion), as the global appetite for advanced AI hardware remains insatiable. While monthly sales dipped a marginal 1.1% from March, the year-to-date trajectory is formidable, with revenue up nearly 30% through the first four months of 2026. The world's leading foundry is successfully navigating a complex macro environment, leveraging its dominance in 3nm and 5nm nodes to support "Magnificent Seven" clients like Nvidia (NVDA +0.15%) and Apple (AAPL 1.52%). Management's bullish Q2 guidance of up to $40.2 billion suggests that the bottleneck for growth remains production capacity rather than a lack of orders.

Aggressive Capex Expansion: To meet "extremely strong" demand, the company has raised its 2026 capital expenditure target to a range of $52 billion to $56 billion, focusing on advanced packaging and new global fabs. Geopolitical Balancing Act: Despite tightening U.S. technology restrictions on high-end silicon, TSMC's record-high margins of 66.2% prove its specialized manufacturing moat currently outweighs the risk of regional trade friction.

Today's Change

(

0.46

%) $

1.94

Current Price

$

423.01

Top of the Morning 5:00 am -- SRAD +0.88% in pre-market trading

By Morning Show host Jim Mueller, CFA
Team Rule Breakers

What should you do if you're the CEO of a company when a short attack article comes out about your company?

If you're smart, very little. At most, comment on any errors of fact, answer analyst questions, and then shut up.

That's what Carsten Koerl, CEO of Sportradar (SRAD 5.72%), has done.

A bit over two weeks ago, Muddy Waters and Calisto Research put out nearly identical short reports on the company claiming, among other things, that the company should be unprofitable because it was purposefully doing business with criminal enterprises. Evidence given was an interaction with a sales rep and finding evidence of Sportradar's code on various illegal gambling websites.

Shares fell over 20% that day. Good for Muddy Waters, I guess.

In reply, the company moved up its earnings release and did nothing else until the new release date. Then, on the day of earnings, they filed with the SEC a document explaining that there were three ways for their code to be found on various sites, only one of which was legitimate. Further, the way Muddy Waters detected the code couldn't distinguish among the three.

During the conference call Koerl also answered questions posed by analysts about various points raised by Muddy Waters. For example, he said that the sales rep was quite young (as in inexperienced) and that talk is talk until due diligence has been performed. He strongly implied that such due diligence would have not led anywhere if the Muddy Waters reps were legitimate instead of trying to entrap the rep.

He answered a few other questions, but then he did a smart thing. He shut up.

4:30 am -- ABNB -0.98% in pre-market trading

By Morning Show host Alicia Alfiere
Team Rule Breakers

Airbnb (ABNB +1.08%) reported that gross booking value, which is the value of bookings on the booking platform, grew 19% to total $2.9 billion in the first quarter. That's impressive, but what's more fascinating is that the company's new "Reserve Now, Pay Later" bookings drove roughly 20% of global gross booking value. This new feature has changed how guests can book and Airbnb reports that the increased flexibility has caused long lead times and travelers booking pricier accommodations.

And there were other signs of a platform that continues to grow-like an increase in first time bookers. The growth in these new-to-Airbnb travelers grew 10% in the first quarter-which is the highest rate seen since early 2022. Additionally, this new Airbnb-er expansion is driven by younger customers and travelers who live in Airbnb's expansion markets, like Brazil, Japan, and India.

Today's Change

(

1.08

%) $

1.41

Current Price

$

132.28

Before the Opening Bell 4:45 am

U.S. stock futures advanced early Friday as optimism over a potential diplomatic resolution to the U.S.-Iran conflict outweighed Thursday's slight retreat from record highs. Despite the Dow's 314-point slide yesterday, all three major benchmarks remain on track for a winning week, buoyed by a resilient tech earnings season. The Nasdaq Composite leads the charge with a projected 2.8% weekly gain, while the S&P 500 and Dow Jones Industrial Averagehave risen 1.5% and 0.2%, respectively. All eyes now pivot to the April nonfarm payrolls report, which will serve as a critical health check for the economy amid shifting geopolitical undercurrents.

JPMorgan Chase is an advertising partner of Motley Fool Money. This article was created using Large Language Models (LLMs) based on The Motley Fool's insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. Alicia Alfiere, MBA has positions in Alphabet, Amazon, Apple, Costco Wholesale, Microsoft, Nelnet, and Progyny. Buck Hartzell has positions in Alphabet, Apple, JPMorgan Chase, MercadoLibre, Microsoft, and Nelnet. Jim Mueller, CFA has positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nelnet, Nvidia, Sportradar Group, Toast, and Walmart and has the following options: long January 2027 $215 calls on Amazon, long January 2028 $230 calls on Amazon, long January 2028 $7.50 calls on Sportradar Group, short January 2027 $225 calls on Amazon, short January 2028 $240 calls on Amazon, short June 2026 $210 puts on Amazon, short June 2026 $31 calls on Toast, and short May 2026 $22.50 calls on Sportradar Group. Lou Whiteman has positions in Cloudflare, MercadoLibre, Nelnet, Rocket Lab, Taiwan Semiconductor Manufacturing, The Trade Desk, and Walmart. Sanmeet Deo, CFA has positions in Alphabet, Amazon, The Trade Desk, Toast, and Walmart. Tim Beyers has positions in Alphabet, Amazon, Apple, HubSpot, MercadoLibre, Progyny, Taiwan Semiconductor Manufacturing, and Toast. The Motley Fool has positions in and recommends Airbnb, Alphabet, Amazon, Apple, Cloudflare, Costco Wholesale, Evercore, Goldman Sachs Group, HubSpot, JPMorgan Chase, Jefferies Financial Group, Klarna Group, MercadoLibre, Meta Platforms, Micron Technology, Microsoft, Nelnet, Nvidia, Progyny, Qualcomm, Rocket Lab, Sportradar Group, Taiwan Semiconductor Manufacturing, Target, The Trade Desk, Toast, Uber Technologies, and Walmart. The Motley Fool recommends Coinbase Global and Flutter Entertainment Plc and recommends the following options: short May 2026 $22.50 calls on Sportradar Group. The Motley Fool has a disclosure policy.

, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Jefferies Financial Group Inc. (NYSE: JEF) focused on whether Jefferies as well as certain of its executives made false and/or misleading statements and/or failed to disclose material information to investors.

If you have information that could assist in the Jefferies investigation or if you are a Jefferies investor who suffered a loss and would like to learn more, you can provide your information here:

https://www.rgrdlaw.com/cases-jefferies-financial-group-inc-investigation-jef.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

THE COMPANY: Jefferies Financial Group Inc. is a global full-service investment banking and capital markets firm.  Under the Leucadia Asset Management ("LAM") umbrella, Jefferies manages and provides services to a diverse group of alternative asset management platforms.  Point Bonita Capital is a division of LAM.

THE REVELATION: On September 29, 2025, The Wall Street Journal published an article entitled "Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions," reporting that "[t]he closely held company's lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting" and that "First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables."

On October 8, 2025, The Wall Street Journal further reported, in an article entitled "First Brands Bankruptcy Damage Spreads to Jefferies UBS," that Jefferies "said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands' parts."  The following day, Reuters disclosed that "The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group" and that "[t]he Justice Department is probing the company and its dealings with creditors."

On October 12, 2025, The Wall Street Journal published another article entitled "Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO," reporting that First Brands' now former CEO "was working on an effort to refinance the nearly $6 billion of corporate loans with the help of Jefferies" and that "[t]he pitch to prospective lenders didn't mention the billions of dollars of off -balance-sheet debt, people familiar with the matter said."

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading firms representing investors in securities fraud and shareholder litigation.  Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors.  In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five firms combined, according to ISS.  With 200 attorneys in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.  
Services may be performed by attorneys in any of our offices. 

Contact:

Robbins Geller Rudman & Dowd LLP

Michael Albert

Ken Dolitsky

655 W. Broadway, Suite 1900, San Diego, CA  92101 

800/851-7783

[email protected]

SOURCE Robbins Geller Rudman & Dowd LLP

San Diego, California--(Newsfile Corp. - June 8, 2026) - The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Jefferies Financial Group Inc. (NYSE: JEF) focused on whether Jefferies as well as certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

If you have information that could assist in the Jefferies investigation or if you are a Jefferies investor who suffered a loss and would like to learn more, you can provide your information here:

https://www.rgrdlaw.com/cases-jefferies-financial-group-inc-investigation-jef.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

THE COMPANY: Jefferies Financial Group Inc. is a global full-service investment banking and capital markets firm. Under the Leucadia Asset Management ("LAM") umbrella, Jefferies manages and provides services to a diverse group of alternative asset management platforms. Point Bonita Capital is a division of LAM.

THE REVELATION: On September 29, 2025, The Wall Street Journal published an article entitled "Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions," reporting that "[t]he closely held company's lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting" and that "First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables."

On October 8, 2025, The Wall Street Journal further reported, in an article entitled "First Brands Bankruptcy Damage Spreads to Jefferies UBS," that Jefferies "said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands' parts." The following day, Reuters disclosed that "The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group" and that "[t]he Justice Department is probing the company and its dealings with creditors."

On October 12, 2025, The Wall Street Journal published another article entitled "Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO," reporting that First Brands' now former CEO "was working on an effort to refinance the nearly $6 billion of corporate loans with the help of Jefferies" and that "[t]he pitch to prospective lenders didn't mention the billions of dollars of off -balance-sheet debt, people familiar with the matter said."

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases - more than the next five firms combined, according to ISS. With 200 attorneys in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever - $7.2 billion - in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:
Robbins Geller Rudman & Dowd LLP
Michael Albert
Ken Dolitsky
655 W. Broadway, Suite 1900, San Diego, CA 92101
800/851-7783
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300436

Source: Robbins Geller Rudman & Dowd LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Jefferies Financial Group Inc. (NYSE: JEF) focused on whether Jefferies as well as certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

If you have information that could assist in the Jefferies investigation or if you are a Jefferies investor who suffered a loss and would like to learn more, you can provide your information here:

https://www.rgrdlaw.com/cases-jefferies-financial-group-inc-investigation-jef.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

THE COMPANY: Jefferies Financial Group Inc. is a global full-service investment banking and capital markets firm.  Under the Leucadia Asset Management ("LAM") umbrella, Jefferies manages and provides services to a diverse group of alternative asset management platforms.  Point Bonita Capital is a division of LAM.

THE REVELATION: On September 29, 2025, The Wall Street Journal published an article entitled "Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions," reporting that "[t]he closely held company's lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting" and that "First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables."

On October 8, 2025, The Wall Street Journal further reported, in an article entitled "First Brands Bankruptcy Damage Spreads to Jefferies UBS," that Jefferies "said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands' parts."  The following day, Reuters disclosed that "The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group" and that "[t]he Justice Department is probing the company and its dealings with creditors."

On October 12, 2025, The Wall Street Journal published another article entitled "Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO," reporting that First Brands' now former CEO "was working on an effort to refinance the nearly $6 billion of corporate loans with the help of Jefferies" and that "[t]he pitch to prospective lenders didn't mention the billions of dollars of off -balance-sheet debt, people familiar with the matter said."

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading firms representing investors in securities fraud and shareholder litigation.  Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors.  In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five firms combined, according to ISS.  With 200 attorneys in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.  
Services may be performed by attorneys in any of our offices. 

Contact:

          Robbins Geller Rudman & Dowd LLP

          Michael Albert

           Ken Dolitsky

          655 W. Broadway, Suite 1900, San Diego, CA  92101 

          800/851-7783

          [email protected]

SOURCE Robbins Geller Rudman & Dowd LLP

Louisiana-Pacific (LPX - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this home construction supplier have returned -0.9% over the past month versus the Zacks S&P 500 composite's +9.7% change. The Zacks Building Products - Wood industry, to which Louisiana-Pacific belongs, has gained 3.9% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Louisiana-Pacific is expected to post earnings of $0.09 per share for the current quarter, representing a year-over-year change of -92.9%. Over the last 30 days, the Zacks Consensus Estimate has changed +18.1%.

The consensus earnings estimate of $2.7 for the current fiscal year indicates a year-over-year change of +1.9%. This estimate has changed -3.2% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $4.72 indicates a change of +74.9% from what Louisiana-Pacific is expected to report a year ago. Over the past month, the estimate has changed -1%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Louisiana-Pacific is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Louisiana-Pacific, the consensus sales estimate for the current quarter of $572.45 million indicates a year-over-year change of -20.9%. For the current and next fiscal years, $2.69 billion and $3.12 billion estimates indicate -0.7% and +16% changes, respectively.

Last Reported Results and Surprise HistoryLouisiana-Pacific reported revenues of $567 million in the last reported quarter, representing a year-over-year change of -16.7%. EPS of $0.03 for the same period compares with $1.03 a year ago.

Compared to the Zacks Consensus Estimate of $603.3 million, the reported revenues represent a surprise of -6.02%. The EPS surprise was +150%.

Over the last four quarters, Louisiana-Pacific surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Louisiana-Pacific is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Louisiana-Pacific. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

Louisiana-Pacific (LPX - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 6. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis home construction supplier is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of -92.9%.

Revenues are expected to be $572.45 million, down 20.9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 18.12% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Louisiana-Pacific?For Louisiana-Pacific, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +60.00%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Louisiana-Pacific will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Louisiana-Pacific would post a loss of$0.06 per share when it actually produced earnings of $0.03, delivering a surprise of +150.00%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Louisiana-Pacific doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAmong the stocks in the Zacks Building Products - Wood industry, Johnson Controls (JCI - Free Report) , is soon expected to post earnings of $1.12 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +36.6%. This quarter's revenue is expected to be $6.09 billion, up 7.4% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Johnson Controls has been revised 0.1% up to the current level. Nevertheless, the company now has an Earnings ESP of +0.98%, reflecting a higher Most Accurate Estimate.

When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Johnson Controls will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

NASHVILLE, Tenn.--(BUSINESS WIRE)--Louisiana-Pacific Corporation (NYSE: LPX) today announced that its Board of Directors has declared a quarterly cash dividend to common stockholders of $0.30 per share. The dividend will be payable on May 28, 2026, to stockholders of record as of May 14, 2026.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP® Structural Solutions (LP® FlameBlock® Fire-Rated Sheathing, LP BurnGuard™ FRT OSB, LP WeatherLogic® Air & Water Barrier, LP® TechShield® Radiant Barrier Sheathing, LP Legacy® Premium Sub-Flooring, and LP® TopNotch® 350 Durable Sub-Flooring) and LP® Oriented Strand Board. In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates over 20 manufacturing facilities across North and South America. For more information, visit LPCorp.com.

NASHVILLE, Tenn.--(BUSINESS WIRE)--Louisiana-Pacific Corporation reported its financial results for the three months ended March 31, 2026.

Louisiana-Pacific Corporation (LPX) Q1 2026 Earnings Call Transcript

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

3 hours ago

GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 SharesMarketBeat

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 2,800 shares of GlobalFoundries stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $75.17, for a total value of $210,476.00. Following the transaction, the insider owned 6,695 shares in the company, valued at $503,263.15. This trade represents a 29.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NASDAQ:GFS

Read GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 Shares

Sort By

Time Frame

Alert Type

Keywords

Page 1 of 325

Louisiana-Pacific (LPX - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this home construction supplier have returned -5%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Building Products - Wood industry, which Louisiana-Pacific falls in, has lost 4.9%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Louisiana-Pacific is expected to post earnings of $0.64 per share for the current quarter, representing a year-over-year change of -35.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -21.8%.

For the current fiscal year, the consensus earnings estimate of $2 points to a change of -24.5% from the prior year. Over the last 30 days, this estimate has changed -26%.

For the next fiscal year, the consensus earnings estimate of $4.11 indicates a change of +105.4% from what Louisiana-Pacific is expected to report a year ago. Over the past month, the estimate has changed -12.9%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #5 (Strong Sell) for Louisiana-Pacific.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Louisiana-Pacific, the consensus sales estimate of $683 million for the current quarter points to a year-over-year change of -9.5%. The $2.57 billion and $3.03 billion estimates for the current and next fiscal years indicate changes of -5% and +17.8%, respectively.

Last Reported Results and Surprise HistoryLouisiana-Pacific reported revenues of $574 million in the last reported quarter, representing a year-over-year change of -20.7%. EPS of $0.38 for the same period compares with $1.27 a year ago.

Compared to the Zacks Consensus Estimate of $572.45 million, the reported revenues represent a surprise of +0.27%. The EPS surprise was +322.22%.

Over the last four quarters, Louisiana-Pacific surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Louisiana-Pacific is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Louisiana-Pacific. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.

NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today announced that Executive Vice President and Chief Financial Officer (CFO) Alan Haughie plans to retire and that Aaron Howald has been appointed as his successor, effective September 1, 2026.

"Alan has been an exceptional leader during a period of important transformation for LP, and we are grateful for his contributions. Aaron brings deep experience and a strong understanding of our business as he steps into the CFO role." –CEO Jason Ringblom

Share To ensure a seamless transition and continuity through the completion of the company’s 2026 Annual Report process, Haughie will serve in an advisory capacity through February 2027.

“Alan has been an exceptional leader and partner during a period of important transformation for LP,” said Chief Executive Officer Jason Ringblom. “We are deeply grateful for his contributions, particularly his leadership in establishing our disciplined capital allocation strategy and building a high-performing finance organization. We appreciate his continued support during this transition period.”

Haughie joined LP in 2019 as Executive Vice President and CFO after a distinguished career spanning public accounting, manufacturing, and business services.

Howald joined LP 15 years ago and has held leadership positions across continuous improvement, corporate finance, business development, investor relations, and financial planning and analysis. Most recently, he has served as Vice President, Investor Relations and Business Development. Prior to joining LP, he was a Senior Manager with The Thomas Group, a management consulting firm. He earned an MBA from the Indiana University Kelley School of Business and a Bachelor of Arts in Finance and Economics from Franklin College.

“Aaron is a highly respected leader with deep knowledge of our business, strategy, and financial operations,” said Ringblom. “Over the past 15 years, he has made significant contributions across multiple areas of the company and has helped strengthen our relationships with investors and analysts. Having worked closely with Alan for many years, he is exceptionally well prepared to assume the CFO role and help lead the company’s next chapter of growth.”

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers, and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP® Structural Solutions (LP® FlameBlock® Fire-Rated Sheathing, LP BurnGuard™ FRT OSB, LP WeatherLogic® Air & Water Barrier, LP® TechShield® Radiant Barrier Sheathing, LP Legacy® Premium Sub-Flooring, and LP® TopNotch® 350 Durable Sub-Flooring) and LP® Oriented Strand Board. In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates more than 20 manufacturing facilities across North and South America. For more information, visit LPCorp.com.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the beliefs and assumptions of, and on information currently available to, our management; assumptions upon which such forward-looking statements are based are also forward-looking statements. Forward-looking statements can be identified by words such as “may,” “will,” “could,” “should,” “believe,” “expect,” “anticipate,” “assume,” “intend,” “plan,” “seek,” “estimate,” “project,” “target,” “potential,” “continue,” “likely,” or “future,” as well as similar expressions, or the negative or other variations thereof. Forward-looking statements include other statements regarding matters that are not historical facts, including statements regarding the departure and election of certain officers, among other matters. The actual results may differ materially from those anticipated in the forward-looking statements as a result of numerous factors, many of which are beyond LP’s control, including the risks and uncertainties disclosed in LP’s reports filed from time to time with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, available at www.sec.gov. Except as required by law, LP does not intend to update any forward-looking statement to reflect new information, subsequent events, or circumstances arising after the date hereof.

Louisiana-Pacific (LPX - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this home construction supplier have returned -5.6%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Building Products - Wood industry, which Louisiana-Pacific falls in, has gained 3%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Louisiana-Pacific is expected to post earnings of $0.64 per share for the current quarter, representing a year-over-year change of -35.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -21.8%.

For the current fiscal year, the consensus earnings estimate of $2 points to a change of -24.5% from the prior year. Over the last 30 days, this estimate has changed -26%.

For the next fiscal year, the consensus earnings estimate of $4.11 indicates a change of +105.4% from what Louisiana-Pacific is expected to report a year ago. Over the past month, the estimate has changed -12.9%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Louisiana-Pacific.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Louisiana-Pacific, the consensus sales estimate for the current quarter of $683 million indicates a year-over-year change of -9.5%. For the current and next fiscal years, $2.57 billion and $3.03 billion estimates indicate -5% and +17.8% changes, respectively.

Last Reported Results and Surprise HistoryLouisiana-Pacific reported revenues of $574 million in the last reported quarter, representing a year-over-year change of -20.7%. EPS of $0.38 for the same period compares with $1.27 a year ago.

Compared to the Zacks Consensus Estimate of $572.45 million, the reported revenues represent a surprise of +0.27%. The EPS surprise was +322.22%.

Over the last four quarters, Louisiana-Pacific surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Louisiana-Pacific is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Louisiana-Pacific. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

On June 09, 2026, Louisiana-Pacific Corp LPX shares rose 3.5% today, with a current price of $72.49. Over the past year, LPX has seen a price range between $66.12 and $102.86, indicating significant volatility. The stock has experienced a year-to-date decline of 9.5% and a one-year drop of 20.5%.

GF Value™ verdict: LPX is currently priced at $72.49, which is 7.5% below its GF Value™ of $78.38.GF Score™: The stock has a GF Score™ of 79/100, indicating above-average quality and potential for long-term returns.Most notable signal: Financial Strength is rated 8/10, suggesting a strong balance sheet and overall financial health. Is LPX Overvalued or Undervalued? With LPX's current price at $72.49 and the GF Value™ estimated at $78.38, the stock appears to be undervalued by approximately 7.5%. This margin of safety offers a potential opportunity for investors. The GF Valuation label indicates that LPX is fairly valued, but the current price suggests that it may be a good entry point for those considering the company's fundamentals. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

While being undervalued can signal a buying opportunity, it is essential to consider the broader market context and any risks associated with the construction industry, where LPX operates. The decline in share price over the past year may also reflect broader economic challenges that could impact future performance.

How Does LPX's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 61.4x 15.9x Forward P/E 37.1x - Currently, LPX's P/E (TTM) of 61.4x is significantly above its 5-year median P/E of 15.9x, suggesting that the stock is trading at a premium compared to its historical valuation. This analysis aligns with the GF Value™ verdict, which indicates that while the stock may be undervalued based on intrinsic value, its high P/E ratio raises caution regarding its valuation compared to historical performance.

What Does LPX's GF Score™ Tell Us? Metric Rating GF Score™ 79 Financial Strength 8/10 Profitability 8/10 Growth 4/10 Valuation 10/10 Momentum 5/10 The GF Score™ of 79/100 reflects above-average quality in several key areas, particularly in Financial Strength and Profitability, both rated 8/10. However, the Growth Rank is lower at 4/10, indicating potential challenges in expanding revenue and earnings. The high Valuation Rank of 10/10 suggests that the stock is considered to be priced attractively based on its intrinsic value, while the Momentum Rank of 5/10 indicates moderate performance in price movement.

What Are Insiders Doing with LPX Stock? In the past three months, insiders have sold $0.1 million worth of LPX stock, with no reported purchases. This selling activity may suggest a lack of confidence among insiders about the stock's near-term prospects, or it could be part of regular portfolio rebalancing. The absence of insider buying during this period may warrant caution for potential investors, as insider buying is often viewed as a positive signal.

What This Means for Investors Based on the GF Value™ assessment, Louisiana-Pacific Corp LPX is currently considered undervalued, trading at 7.5% below its intrinsic value. However, potential investors should carefully consider the high P/E ratio in relation to historical valuations and the mixed signals from insider activity before making any investment decisions.

For the complete analysis, visit the Louisiana-Pacific Corp LPX stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is LPX's GF Score™?

LPX has a GF Score™ of 79/100, indicating it possesses above-average quality and potential for long-term returns based on its financial metrics.

Is LPX overvalued or undervalued?

LPX is considered undervalued based on its GF Value™ assessment, as the current price is 7.5% below its intrinsic value.

What is LPX's P/E ratio?

LPX's P/E (TTM) is 61.4x, which is significantly higher than its 5-year median P/E of 15.9x, indicating it is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Rocket Lab stock is moving in positive territory. Why are RKLB shares climbing? What Is Driving Rocket Lab’s Stock Ahead of SpaceX IPO?The SpaceX IPO roadshow is wrapping up, with final pricing expected Thursday night and trading slated to begin Friday—timing that has been pulling incremental flows into "space proxy" names like Rocket Lab, Redwire, AST SpaceMobile and Intuitive Machines.

SpaceX is targeting a $1.75 trillion valuation and plans to price shares at $135 while raising about $75 billion, a setup that's amplifying the "halo" bid in Rocket Lab and other listed proxies as traders position for the debut.

Rocket Lab is also coming off a sharp run that peaked at an all-time high of $151.00 in May, and the stock has had to digest profit-taking plus insider selling of roughly $18 million (including a director's large sale in June).

Rocket Lab's own fundamentals have helped keep buyers engaged: first-quarter revenue of $200.35 million beat the $189.68 million estimate and rose 63.5% year over year, reinforcing the idea that the move isn't purely sentiment-driven.

U.S. index ETFs are trading higher in premarket, led by the Nasdaq up 0.92% and the S&P 500 up 0.51%, which is giving high-beta momentum names a tailwind into the open.

RKLB: Critical Moving Averages and Levels to WatchThe bigger-picture trend is still constructive: RKLB is trading 49.6% above its 200-day SMA ($72.00) and 24.7% above its 100-day SMA ($86.36), with the 50-day SMA above the 200-day SMA reinforcing the longer-term uptrend.

Near-term, the chart is in a cooldown/reset phase after May's peak—price is trading 15.1% below the 20-day SMA ($126.89) but still 8.8% above the 50-day SMA ($98.99), a common setup where bulls want to see the 50-day area act as a "line in the sand."

MACD is the cleaner momentum lens right now: with MACD below its signal line and the histogram negative, it suggests upside pressure is cooling versus the prior upswing unless buyers can reclaim that baseline. That lines up with the idea that the stock is consolidating after a parabolic move rather than immediately resuming the straight-up trend.

Key Resistance: $118.85 — near the 20-day EMA, a level that can cap rebounds during a pullback Key Support: $98.04 — aligns with the 50-day SMA, a common trend-support area in strong uptrends What Does Rocket Lab Corporation Do?Rocket Lab Corp is a space company that builds rockets and spacecraft, offering end-to-end mission services for civil, defense, and commercial customers. It designs and manufactures the Electron and Neutron launch vehicles and the Photon satellite platform, with operations split between Launch Services and Space Systems.

That business mix is why the stock often trades as a "space proxy" when big industry events (like a SpaceX IPO) pull attention and capital toward publicly traded space names. Geographically, Rocket Lab serves Japan and other international markets, but it earns key revenue from the United States.

RKLB Stock Price Action in Thursday’s PremarketRKLB Stock Price Activity: Rocket Lab shares were up 2.64% at $107.83 during premarket trading on Thursday, according to Benzinga Pro data.

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

LONG BEACH, Calif., June 12, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB), a global leader in launch services and space systems, today announced today its inclusion in the Nasdaq-100 Index. This milestone places Rocket Lab among the 100 largest non-financial companies listed on the Nasdaq Stock Market. Rocket Lab’s addition to the index will become effective prior to market open on Monday, 22 June, 2026.

“This is a landmark moment for Rocket Lab. Inclusion in the Nasdaq-100 reflects the extraordinary journey our team has been on, from a small company with big ambitions to a global space leader,” said Rocket Lab founder and CEO Sir Peter Beck. “It’s an honor to be recognised alongside some of the world’s most innovative companies. It underscores the growing importance of the space economy and our leading role within it. We’re incredibly proud of what we’ve achieved, and even more excited about what comes next.”

Rocket Lab went public on the Nasdaq in 2021 and today has completed more than 80 successful launches deploying more than 250 satellites to orbit. The company is developing a medium class Rocket called Neutron tailored for constellation deployment, is a leading provider of hypersonic test launch capability to the Department of War, and has developed an extensive portfolio of spacecraft and subsystems powering national security programs, commercial constellations, and complex science and exploration missions for NASA.

Rocket Lab's proven flight heritage and vertically integrated approach position it as a key enabler of the rapidly growing commercial, civil, and national security space sectors.

About Nasdaq Global Indexes
Nasdaq Global Indexes is one of the world's leading index providers, offering a comprehensive suite of rules-based benchmarks and indexes. The Nasdaq-100 Index® — which measures the performance of 100 of the largest Nasdaq-listed non-financial companies — is tracked by more than 200 investment products with over $800 billion in assets under management globally. Nasdaq Global Indexes publishes and maintains more than 10,000 indexes across asset classes and geographies.

Rocket Lab images and video: https://www.flickr.com/photos/rocketlab/

Media Contact
[email protected]

Investor Relations
[email protected]

About Rocket Lab
Rocket Lab is a leading space company that provides launch services, spacecraft, payloads and satellite components serving commercial, government, and national security markets. Rocket Lab’s Electron rocket is the world’s most frequently launched orbital small rocket; its HASTE rocket provides hypersonic test launch capability for the U.S. government and allied nations; and its Neutron launch vehicle in development will unlock medium launch for constellation deployment, national security and exploration missions. Rocket Lab’s spacecraft and satellite components have enabled more than 1,700 missions spanning commercial, defense and national security missions including GPS, constellations, and exploration missions to the Moon, Mars, and Venus. Rocket Lab is a publicly listed company on the Nasdaq stock exchange (RKLB). Learn more at www.rocketlabcorp.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.rocketlabcorp.com, which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/103db9c7-3ae1-4a2a-b0ee-3181c220db63

Rocket Lab Electron Launch Vehicle Lifts-Off Rocket Lab Electron Launch Vehicle Lifts-Off

Space takes over the stock market as investors gear up for rocket and AI company SpaceX's blockbuster trading debut.

Live Coverage Updates appear automatically as they are published.

Live Updates 8 hours ago

Live

According to analysts at Citi, Advanced Micro Devices (NASDAQ: AMD | AMD Price Prediction) may be a second source for GPUs right behind Nvidia (NASDAQ: NVDA).

The firm has a buy rating on AMD with a price target of $575, and says AMD will “likely surpass its goal of earnings greater than $20 per share by 2028,” as noted by CNBC.

“We believe Meta will be a significantly larger customer of AMD’s AI products, especially GPUs, than the street is expecting,” added the firm. “We believe the use of custom MI450 GPUs is likely to provide Meta lower TCO vs merchant GPU products.”

With high hopes that the war with Iran is ending, the S&P 500 is up by 0.52%, or by 38 points. The SPDR S&P 500 ETF (SPY) is up by 0.61%, or by $4.50. The Dow is up by 0.61%, or by 312 points. The Nasdaq is up by 0.54%, or by 158 points. Oil is down $3.50 at $84.21.

Iran just reported that a draft version of the Iran-U.S. memorandum of understanding includes a commitment from the U.S. to lift oil sanctions, as well as a commitment from Iran to reopen the Strait of Hormuz, as noted by CNBC. “A peace deal could be signed in Switzerland as soon as Sunday, Bloomberg reported Friday, citing people familiar with the plans.”

Eyes are also on the SpaceX IPO  Expected to hit the market today, Elon Musk’s SpaceX IPO will debut under the ticker SPCX. From our understanding, it has a fixed price of $135 a share, which would give it a valuation of about $1.77 trillion. The company is also expected to sell 555.6 million shares.

“History indicates that large IPO issuance occurs during periods of strong equity market sentiment, but the added equity supply can cause some indigestion. Household equity exposure already sits close to an all-time high, which suggests they may sell existing holdings to fund these new positions,” wrote Wells Fargo strategist Douglas Beath, as quoted by CNBC.

Other space stocks, such as Rocket Lab (NASDAQ: RKLB), are up by $4.61 in premarket. AST SpaceMobile (NASDAQ: ASTS) is up by $2.83. Redwire (NYSE: RDW) is up about 1%.

Market Movers: Adobe Slipping by $16 a Share Shares of Adobe (NASDAQ: ADBE) are under pressure.

While the company posted better than expected earnings thanks to AI, news that its CFO is battering the stock. Adjusted earnings of $5.96 a share on revenue of $6.62 billion beat analyst estimates of earnings of $5.82 a share on revenue of $6.45 billion.

“Adobe delivered record revenue of $6.62 billion in Q2, reflecting strong AI-driven demand across our customer groups,” CEO Shantanu Narayen said in the earnings release. The company also raised guidance, calling for EPS of between $24.35 and $24.45 a share on revenue of $26.5 billion to $26.6 billion.

While impressive, news that CFO Dan Durn is leaving the company on June 15 to become CFO of Marvell Technology took the stock down in premarket.

As a result, Stifel downgraded the stock to hold from buy, and lowered its price target to $200. Wolfe Research lowered its rating on Adobe to peer perform from outperform. Evercore ISI also downgraded the stock to hold from buy. Its new price target is $225.

© mcgorie / Shutterstock.com