Key Takeaways Target's non-merchandise sales jumped 20.1% in Q2, far outpacing the 5% growth in merchandise sales.Roundel billings rose nearly 20%, while Target GMV and Target Circle 360 revenues each surged more than 40%.Higher-margin advertising and non-merchandise revenues helped lift Target's gross margin by about 100 bps. Target Corporation (TGT - Free Report) is witnessing strong momentum in its non-merchandise businesses, which are emerging as important contributors to revenue growth and profitability. The company's advertising platform, Roundel, Target+ marketplace and Target Circle 360 membership program are expanding rapidly, creating opportunities to generate higher-margin revenues beyond traditional merchandise sales. The second-quarter fiscal 2026 results highlighted the growing importance of these businesses to Target's financial performance.
Non-merchandise sales increased 20.1% year over year during the quarter, significantly outpacing the 5% growth in merchandise sales. Roundel's gross billings advanced nearly 20%, while gross merchandise volume (GMV) on the Target+ marketplace surged more than 40%. Target Circle 360 membership revenues also increased more than 40%, reflecting continued momentum across the company's digital advertising, marketplace and membership offerings.
These businesses are contributing to Target's profitability as well. Management highlighted their outsized contribution to top- and bottom-line growth, with higher-margin revenue streams supporting gross margin expansion. Excluding tariff refund benefits, the company's gross margin rate improved approximately 100 basis points year over year, partly reflecting continued growth in advertising and non-merchandise sales.
While these businesses represent a smaller portion of Target's overall sales, their faster expansion highlights an evolving revenue mix. The sustained expansion of these businesses suggests that Target is developing additional earnings opportunities beyond product sales.
How Does Target Stack Up Against Its Industry?Target, which competes with Dollar General Corporation (DG - Free Report) and Costco Wholesale Corporation (COST - Free Report) , has seen its shares rally 14% over the past three months compared with the industry’s 0.3% rise. Shares of Dollar General and Costco have jumped 3.1% and 2.2%, respectively, in the aforementioned period.
Image Source: Zacks Investment Research
What Does Target’s Current Valuation Suggest?From a valuation standpoint, Target's forward 12-month price-to-earnings ratio stands at 15.77, lower than the industry’s 27.76. However, the stock is trading above its 12-month median level of 14.93.
Target is trading at a discount to Costco (forward 12-month P/E of 41.03) but at a premium to Dollar General (15.41).
Image Source: Zacks Investment Research
What Do Earnings Estimates Signal for Target?The Zacks Consensus Estimate for Target’s current fiscal-year sales and earnings per share implies year-over-year growth of 5.1% and 37.8%, respectively. For the next fiscal year, the consensus estimate indicates a 3.1% rise in sales but a decline of 9.5% in earnings per share.
Image Source: Zacks Investment Research
Target’s Investment CaseTarget’s improving traffic, stronger digital momentum, broad-based category growth and better inventory reliability indicate that its refreshed strategy is gaining traction. Same-day delivery growth, continued price investments and higher-margin revenue streams further strengthen the operating backdrop. Management also raised fiscal 2026 sales and EPS guidance, reflecting greater confidence in underlying momentum. These factors support a constructive investment view on this Zacks Rank #2 (Buy) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Delta Air Lines odložila zahájení přímých letů mezi Atlantou a Rijádem z 23. října na březen po smrtících útocích na rijádské letiště, které zůstává uzavřené.
Delta Air Lines said it will delay the launch of its nonstop service between Atlanta and the Saudi capital Riyadh until March after several deadly attacks hit the city's airport there.
Delta planned to begin the route on Oct. 23, with an Airbus A350-900 widebody plane, in what would have marked the first nonstop commercial flight between the U.S. and Saudi Arabia operated by a U.S. airline.
But since Thursday, thousands of flights have been canceled to and from King Khalid International Airport in Riyadh, according to Flightradar24. The deadly attacks, claimed by Yemen's Iran-backed Houthis, escalated Saturday, when a projectile struck a passenger terminal at the airport, officials said, killing at least 12 people and wounding more than 300.
King Khalid International Airport remains closed as of Monday.
"We remain in close contact with relevant government and aviation partners, including Saudia and Riyadh Air, as we monitor the situation," Delta said in a statement. "Saudi Arabia remains an important market for Delta, and we are committed to serving the Kingdom for the long-term."
Delta CEO Ed Bastian had told CNBC on Thursday that the airline hadn't yet decided whether to postpone the debut.
"Obviously, we were disappointed to see the news this week," he said. "Safety is going to make the call."
Delta's decision came after the Federal Aviation Administration on Sunday told U.S. airlines to exercise caution when flying in or around Saudi Arabia.
The FAA said pilots should "exercise caution" in or around Saudi Arabia "due to safety-of-flight risks associated with ongoing military activities" and navigation systems. In the warning, which is in effect until Dec. 10, the agency said the threats could be a potential risk "to aircraft at all altitudes."
Airlines suspended flights to the airport, some for the rest of the week, while countries including the U.S. and Australia advised citizens against travel to the region.
— CNBC's Michele Luhn contributed to this report.
Read more CNBC airline newsWhy airfare could rise even more, but airline profits won’tBudget airline king Bill Franke warms to premium upgradesCompanies spurn airlines’ cheapest business class ticketsUnited’s next decision: What to do with all those Boeing 737 Max 10 seats it ordered years agoRecord heat, crowds drive offseason boom in international travel
McDonald's chce do roku 2030 zvýšit svůj globální tržní podíl v segmentech kuřecího masa a nápojů v každém o 1,5 procentního bodu, kde však zákazníky získávají Chick-fil-A a kavárenské řetězce.
McDonald's is betting on chicken and beverages to fuel its next phase of growth, but new consumer spending data suggests the fast-food giant faces stiff competition from rivals that specialize in those areas.
At its September investor day, McDonald's outlined plans to gain an additional 1.5 percentage points of global market share in both chicken and beverages by 2030. The chain identified the categories as significant opportunities to expand its business beyond beef.
CEO Chris Kempczinski told CNBC the size of those markets underscores the potential upside.
"Chicken is a $130 billion category. We have about a 20% share of chicken. Beverages is about a $230 billion category. We have a 10% share of beverages," Kempczinski said, saying McDonald's has more room to grow in those areas than in the $50 billion global beef category, where it has about a 40% share.
But new data indicates McDonald's could have a tough task in gaining spending from chicken and drink rivals. Many of the restaurant chains winning the most spending from McDonald's diners specialize in those two segments, according to exclusive data shared by Consumer Edge, which tracks credit and debit card transactions.
Among McDonald's customers, Chick-fil-A gained 0.58 percentage points of limited-service restaurant spending in the third quarter compared with a year earlier, making it the biggest gainer among the chains tracked by Consumer Edge.
Coffee businesses are also capturing more spending from McDonald's customers. Drive-thru-only chain 7 Brew added 0.4 percentage points, while Starbucks, Dutch Bros. Coffee and Dunkin' also ranked among the top 10 gainers. Together, the four coffee chains added 0.88 percentage points of spending share.
McDonald's remained by far the largest individual chain in customers' overall limited-service restaurant spending, but its share declined from a year earlier. Restaurant Brands International-owned Burger King, meanwhile, gained 0.24 percentage points, the largest increase among burger chains.
"There’s a big battle for a smaller amount of restaurant spend as people become more selective in what they spend," said Michael Gunther, Consumer Edge senior vice president.
The data says only so much about the competitive landscape for McDonald's in the chicken and drink spaces, in part because they don't track exactly what customers are ordering at the counter.
"If they [McDonald's] are able to attract diners with interesting options, it could work,” Gunther added.
While McDonald's has struggled with sluggish sales, executives have said they saw signs of improvement toward the end of the third quarter. At its investor day, McDonald's said U.S. comparable sales were slightly negative in July and August, but the company said it expected September to turn positive.
Consumer Edge data similarly showed McDonald's year-over-year spending share declines narrowing across every income group in September.
Wall Street has also questioned how quickly the chicken and beverage strategy can deliver.
Bernstein analyst Danilo Gargiulo said after McDonald's investor day that U.S. beverage launches had not generated enough sales to offset broader weakness, while the company's next chicken platform — which includes hand-breaded chicken and grilled chicken menu items — was further away than he expected.
"The scale of investment required to deliver [the company's growth plan] McDonald's Next was above our expectations and introduces additional pressure on near-term earnings," said Gargiulo in his note.
He has a market perform rating on the stock and $295 price target. Shares closed around $235 on Friday.
Key Takeaways Royal Caribbean's repeat guests spend 20% to 25% more, highlighting loyalty's role in growth.Royal ONE beat expectations, while two loyalty programs added 500,000 enrollments.Over 90% of guests use RCL's app, and 2026 EPS estimates imply 13.8% year-over-year growth. Royal Caribbean Cruises Ltd. (RCL - Free Report) seeks to turn guest loyalty into a sustainable growth driver by connecting its brands, ships, destinations and digital platforms to encourage more frequent vacations. Management said repeat guests spend 20% to 25% more, underscoring the financial benefits of retaining customers and deepening their relationship with the company.
RCL’s loyalty initiatives are gaining traction. Since its April launch, the Royal ONE co-branded credit card has exceeded expectations for sign-ups and spending. Cardholders are also twice as likely to cruise multiple times as non-cardholders. Meanwhile, Points Choice and Status Match have generated more than 500,000 new loyalty enrollments, encouraging customers to explore different brands without losing their earned recognition.
Digital engagement further strengthens this strategy. More than 90% of guests use RCL’s app, while monthly active users have increased fivefold since 2019. More than half of onboard revenues are purchased before embarkation, creating opportunities to personalize recommendations and simplify vacation planning. These capabilities can also help direct customers toward relevant dining, entertainment and destination experiences.
Stronger loyalty could support repeat bookings, higher onboard spending and pricing power as RCL expands its fleet and destination offerings. However, sustaining these benefits will require consistent guest satisfaction and effective execution amid geopolitical uncertainty and competitive promotions. With repeat-guest mix increasing year over year, loyalty is emerging as an important component of RCL’s long-term growth strategy.
How CCL and NCLH Use Loyalty to Encourage Repeat CruisesCarnival Corporation (CCL - Free Report) is strengthening customer retention through its Carnival Rewards program, launched in September 2026. The program lets members earn redeemable points and status-qualifying stars based on eligible spending. Higher status unlocks additional benefits, while rewards encourage customers to book future cruises and spend on eligible purchases. This spending-based approach could help Carnival connect customer loyalty more closely with revenue generation.
Norwegian Cruise Line Holdings (NCLH - Free Report) uses its Latitudes Rewards program to encourage repeat bookings through points, member-exclusive offers, discounts and onboard privileges. Customers earn points for cruise nights, with additional opportunities through qualifying suite bookings and promotional offers. The company also extends loyalty recognition across Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, allowing guests to explore different brands while retaining onboard benefits. This cross-brand strategy could encourage repeat purchases and strengthen customer relationships.
Both competitors demonstrate how loyalty programs can support customer retention and spending. RCL's opportunity lies in combining similar incentives with differentiated vacation experiences to encourage more frequent bookings and higher guest lifetime value.
RCL’s Price Performance, Valuation & EstimatesShares of Royal Caribbean have lost 7.8% in the past year compared with the industry’s 3.4% decline.
RCL Stock’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, RCL trades at a forward price-to-earnings ratio of 14.4, below the industry’s average of 16.06.
RCL’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for RCL’s 2026 earnings implies a year-over-year increase of 13.8%. The EPS estimates for 2026 have increased in the past 30 days.
EPS Trend of RCL Stock
Image Source: Zacks Investment Research
RCL’s Zacks RankRCL stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Wells Fargo snížila doporučení pro Adobe na „Underweight“ a cílovou cenu na 225 USD; průzkum mezi CIO ukázal, že Adobe ztrácí podíl na rozpočtech na AI.
Adobe Inc. (NASDAQ:ADBE) shares are trading lower Monday after Wells Fargo downgraded the stock to Underweight from Overweight and cut its price target to $225, citing results from its latest survey of chief information officers on AI spending.
Adobe shares are sliding. Why are ADBE shares down?
Wells Fargo Says Adobe Is Losing AI Budget Share and Faces a Steep Fourth-Quarter RampAccording to Investing.com, analyst Michael Turrin told investors he "came away more cautious" on front office and creative software and gave four reasons for the downgrade. First, Adobe’s third-quarter results suggest cracks are starting to show, and a steep fourth-quarter ramp looks difficult, since it would require new annual recurring revenue to roughly double from the previous quarter. Second, he sees risk to Adobe’s preliminary fiscal 2027 guidance given the lack of a price increase and an ongoing management transition, with both the CEO and CFO changing.
Third, the CIO survey reportedly showed Adobe as a clear loser of budget share in the AI evaluation cycle. Fourth, competition in Adobe’s core creative business is intensifying.
Wells Fargo Now Models Negative New ARR Growth in Fiscal 2027Wells Fargo now models negative growth in new annual recurring revenue in fiscal 2027 and total annual recurring revenue growth of about 7%, below the consensus of more than 8%. It also lowered its margin forecasts, citing a focus on adding users over near-term monetization
Read Next
Adobe Shares FallADBE Price Action: At the time of publication, Adobe shares are trading 4.16% lower at $232.19, according to data from Benzinga Pro.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Cisco a NVIDIA vyvinou otevřenou specifikaci optického modulu USFP s rychlostí 400 Gb/s na linku, který nabídne čtyřnásobnou hustotu přenosové kapacity ve srovnání s 200Gb/s optikou.
Delivers the resilient, open Ethernet foundations required to connect and scale massive, distributed AI factories
News Summary
Cisco and NVIDIA plan to develop an open industry specification for a next-generation 400G-per-lane pluggable optics design, increasing bandwidth density while preserving serviceability and customer choice. Cisco advances open infrastructure across silicon, systems and optics to meet the demands of AI workloads, spanning high-density scale-out and distributed scale-across networks. The Cisco Silicon One portfolio continues to expand to serve all AI builders, with the first G300-powered systems shipping to customers, new 1.6T G302 silicon, and P200-powered systems now deployed in production hyperscale environments. , /PRNewswire/ -- Today at the Open Compute Project (OCP) Global Summit 2026, Cisco (Nasdaq: CSCO) introduced new silicon, systems and optical innovations that advance open AI infrastructure from rack-scale compute to distributed AI capacity. Together, the announcements demonstrate how Cisco is engineering the network as a coherent, programmable architecture while preserving the openness and choice customers expect in the super intelligence era. The new capabilities deepen Cisco's continued commitment to deliver an open stack from silicon to Kubernetes, required to connect the AI foundations for hyperscalers, neoclouds and enterprises. Strong market adoption validates Cisco's leadership and underscores deep customer trust as demand for AI compute capacity rapidly accelerates.
"AI is redefining what it means to scale infrastructure. It's no longer just about individual data centers or clusters, but how we connect compute at massive scale without compromising performance or resilience. Cisco's strength across silicon, networking, optics,systems and security puts us in a unique position to deliver the open infrastructure customers need as AI continues to evolve," said Kevin Wollenweber, SVP and General Manager of Data Center and Internet Infrastructure, Cisco.
"Scale-Across" Connects the World's AI Capacity
Scale-across extends coordinated AI workloads across facilities, building on traditional data center interconnect (DCI) technologies while introducing significantly different workload requirements. When accelerators across sites participate in the same coordinated job, congestion, latency and recovery can directly affect compute utilization and job progress. Cisco draws on its silicon, routing and optical networking leadership to address those requirements as one packet-to-optical architecture.
Cisco's scale-across architecture brings together Silicon One P200, deep-buffered systems and coherent optics to connect AI fabrics across locations to act as a unified cluster. It provides customers a single, unified compute fabric enabled by the performance, deep programmability and embedded security of the Silicon One architecture. Cisco is the first in the industry to announce its 51.2T systems, powered by the Silicon One P200, are deployed in a production environment by leading hyperscalers.
"Microsoft and Cisco share a longstanding partnership rooted in engineering collaboration and innovation. We are pleased to announce that today, Microsoft has moved into production on systems powered by the Cisco Silicon One P200. As our infrastructure demands grow, the P200's robust architecture provides the speed and enhanced buffering capabilities necessary to address the increasing scale of our cloud and high-performance services. This milestone reflects the next stage in our long-term collaboration, ensuring we continue to deliver the performance and reliability required for the modern digital era," said Anand Ramakrishna, Corporate Vice President, Engineering, Microsoft.
"Alibaba is proud to announce a major milestone for our next-generation backbone network, eCORE. We have deployed our in-house Quantum Cat router at massive scale, powered by the Cisco Silicon One P200. These routers bring 51.2 Tbps of routing capacity to our infrastructure. They feature a fully shared deep-buffer architecture, high programmability, and excellent power efficiency. This setup provides the exact performance and scale needed for today's heavy cloud and AI workloads. We paired Cisco's silicon with Alibaba's custom systems and the SONiC operating system. This combination proves the true value of open networking. It delivers the flexibility and operational power required for some of the world's most demanding networks. We look forward to deepening our work with Cisco, the Open Compute Project (OCP), and the SONiC community. Together, we will continue to advance open, high-performance networking for the AI era," said Dennis Cai, Vice President, Head of Network Infrastructure, Alibaba Cloud Intelligence Group
Scaling AI from Rack to Fabric for the 1.6T Era
Inside the data center, AI scale is driving the same need for greater bandwidth, density and power efficiency across silicon, systems and optics. To meet the radical bandwidth requirements of the next generation of AI, Cisco's Silicon One portfolio is delivering the next level of network performance designed for massive AI scale. As a member of OCP's ESUN, Cisco is committed to advancing open, interoperable, high-performance AI networking at scale and collaborating actively with ESUN on the 1.0 and future specifications for scale-up workloads.
Announced earlier this year, the 102.4T Silicon One G300 is now available for customer sampling, and the first G300-powered systems are currently shipping to customers. Cisco is also expanding the Silicon One portfolio with the first 51.2T switching silicon with 200G SerDes designed for top-of-rack (ToR) deployments. The new Silicon One G302 delivers 51.2T capacity and features Cisco 1.6T optics and direct-to-chip liquid cooling integration to drive efficiency gains. The G302 is built to power ToR switch systems, which sit at the rack level and gather traffic from servers and connect it efficiently to the larger data center network. This optimizes how servers are linked and integrated, delivering unprecedented front-end scale, density, and throughput for hyperscalers. The G302 is planned to begin shipping to customers before the end of 2026.
Cisco and NVIDIA Introduce New Pluggable Optics
Together with NVIDIA, Cisco also unveiled plans to develop the Ultra-Dense Small Form Factor Pluggable (USFP), a new high density 400Gb/s-per-lane capable optical module. Compared to other approaches to increasing the bandwidth of optical modules, USFP relies on a proven operating model to scale to 400Gb/s-per-lane. USFP is expected to deliver 4x the bandwidth density and 1.3x the power efficiency of 200Gb/s-per-lane optics, improving the efficiency and scalability of AI factories without sacrificing serviceability, deployment flexibility or the operational simplicity of today's pluggable optics. To drive broad industry engagement and adoption, Cisco and NVIDIA plan to create an open industry specification for USFP through an upcoming community-led multi-source project.
Expanding Secure AI Networking
SONiC (Software for Open Networking in the Cloud) is the open-source operating system that forms the foundation of many hyperscaler and now neoclouds, service providers and enterprise deployments, across the AI builder ecosystem. Cisco customers can adopt Cisco-validated SONiC with Nexus One, a next generation data center architecture, embracing an open approach for multi-site to rack-scale environments. This support will be extended with Live Protect for customers starting mid-year 2027. Utilizing Cisco runtime technology, Live Protect reduces the exposure customers would typically face between a vulnerability disclosure and a patch on supported Cisco products and releases. Live Protect will give Cisco SONiC customers time to test and deploy the permanent software fix without disrupting operations.
Control and Recovery at AI Scale
Out-of-band management systems form a network operators rely on to provide remote access even when the production network is down, allowing for fixes during a blackout or cyber incident. But at AI scale, out-of-band management systems can become a patchwork of legacy systems, tools and proprietary interfaces, making thousands of GPU nodes harder to manage and fix. The Cisco 8001, a new Silicon One A100-powered management system available as 10G or 1G , solves this challenge by upgrading performance and bringing SONiC to this critical network. Operators can use familiar APIs, automation and operating practices from the fabric to the rack, without building and maintaining a separate management environment. Customers can now deploy a simpler, programmable management network that scales with AI infrastructure, and remains available when it is needed most.
Cisco Silicon One: The Industry's Most Scalable and Programmable Unified Networking Architecture
Cisco Silicon One is the industry's most scalable and programmable unified networking architecture, offering a complete portfolio of networking devices across AI, hyperscaler, data center, enterprise, and service provider use cases. Introduced in 2019, Cisco Silicon One is playing critical roles in major networks around the world. With today's innovations, Silicon One proves its ability to scale from 100G to 100T with a single, unified silicon architecture.
Supporting Resources:
Executive Blog Post: Cisco and NVIDIA Announce USFP: Expanding the Path to AI Connectivity Executive Blog Post: SONiC's Next Chapter with Cisco: Open Choice, Production Confidence About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.
Disclaimer: Some products or features described may be in various stages of development and offered on a when-and-if available basis. Cisco reserves the right to change delivery timelines and will have no liability for any delays or failures to deliver.
W. P. Carey zvýšila po odchodu z kancelářského segmentu dividendu již 11. čtvrtletí v řadě; výhled AFFO na akcii činí 5,23 USD a dividendový výnos dosahuje 6 %.
SummaryW. P. Carey has completed its office exit, resulting in a cleaner portfolio, a dividend reset, and a 6% yield at 12x AFFO.Despite a 2023 dividend cut and tenant issues, WPC has raised dividends 11 quarters in a row and recaptured most lost rent.With AFFO guidance at $5.23 and a payout ratio in the low 70s, WPC’s balance sheet and capital recycling position it for stable growth.I view WPC as undervalued, targeting 13x–14x AFFO ($68–$73) once rates settle, with covered calls supplementing returns. Cineberg/iStock Editorial via Getty Images
We own W. P. Carey (WPC), and I've followed it through the whole office exit. Three years ago the company announced it was getting out of office buildings, and a few months later it cut
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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Chevron a Egypt dokončují dohody nezbytné pro konečné investiční rozhodnutí o rozvoji ložiska Aphrodite v hodnotě 4 mld. USD, včetně 280km plynovodu z Kypru do Egypta.
Key Takeaways Chevron advances Aphrodite gas field plans as Egypt talks target a final investment decision.The $4 billion project includes a 280-kilometer pipeline linking Cyprus gas to Egypt.Chevron's growth prospects depend on final agreements, financing and project approvals. Chevron Corporation (CVX - Free Report) is advancing plans to develop Cyprus' Aphrodite natural gas field, as Egypt and the U.S. energy major work to finalize arrangements for transporting the resource to Egyptian infrastructure. According to Egypt Oil & Gas, the latest discussions mark another step toward a final investment decision (“FID”) for the project, which is designed to connect Eastern Mediterranean gas supplies with processing facilities and international markets.
On Oct. 8, 2026, Egypt's minister of Petroleum and Mineral Resources, Karim Badawi, met with Chevron’s senior executives in Athens to review the remaining technical, commercial and legal requirements. The discussions focused on completing the necessary agreements before deciding on long-lead item procurement and subsequently proceeding with the FID. Egypt's petroleum ministry said the parties were working to accelerate the remaining procedures.
Chevron Leads a Major Eastern Mediterranean Gas ProjectChevron operates the Aphrodite field in Cyprus' offshore Block 12, holding a 35% working interest. Shell (SHEL - Free Report) holds another 35%, while NewMed Energy owns the remaining 30%. The project is estimated to require approximately $4 billion in total development investment, according to previously disclosed development estimates.
The development plan includes a floating production unit positioned above the field and a subsea pipeline connecting the facility to Egypt's gas network. The proposed pipeline would extend approximately 280 kilometers, allowing the partners to transport gas from Cyprus to Egyptian infrastructure for processing and onward export.
The Aphrodite field was discovered in 2011 and represents an important component of Cyprus' offshore natural gas resources. However, development requires substantial upfront investment, coordination among multiple stakeholders and the completion of commercial and regulatory arrangements. Consequently, reaching the FID remains a critical milestone before construction and development activities can advance.
Egypt's Infrastructure Provides an Export RouteEgypt's existing gas infrastructure is central to the project's commercial strategy. Rather than developing an entirely separate export chain, the Aphrodite partners plan to use Egyptian facilities to handle the gas and access liquefied natural gas (“LNG”) export infrastructure.
This approach could help reduce the need for additional standalone processing and export facilities while providing a route to international buyers. For Egypt, the arrangement offers an opportunity to generate economic value from existing infrastructure and strengthen its position in regional gas trading.
Badawi highlighted the importance of maximizing the country's capacity to receive, process and handle natural gas from neighboring Eastern Mediterranean producers. He also emphasized that greater regional cooperation could create additional opportunities for investment and improve the commercial utilization of available resources.
For Chevron and its partners, access to an established processing and export network could improve the project's development proposition. Nevertheless, the economic benefits will depend on construction costs, contractual terms, financing arrangements and the prices that buyers are willing to pay for the gas.
What the Project Means for Chevron InvestorsThe Aphrodite development could strengthen Chevron's natural gas portfolio by adding another potential source of production and export-oriented revenue. Its position as operator also gives the company a leading role in coordinating development activities and working with government authorities and commercial partners.
However, investors should distinguish between project progress and financial contributions. The latest discussions indicate that the partners are working toward procurement decisions and an FID, they do not establish that the project has received final investment approval or begun full-scale construction.
Capital requirements will also matter. A development budget of approximately $4 billion represents a significant commitment for the partnership, although Chevron would fund its share according to the ownership interest and the applicable contractual arrangements. Actual expenditures and project economics could change as engineering work, commercial negotiations and financing arrangements progress.
Investors should therefore monitor the FID, final pipeline agreements, financing commitments and the expected production schedule before assigning substantial near-term earnings benefits to Aphrodite. Natural gas developments typically require considerable lead times, meaning that project milestones may precede meaningful contributions to production and cash flow by several years.
Chevron's Eastern Mediterranean StrategyAphrodite fits into Chevron's broader position in the Eastern Mediterranean, where it has interests in offshore natural gas resources. Progress on the Cyprus project could also support closer energy cooperation among Cyprus, Egypt and regional market participants.
Still, execution remains the key consideration. The partners must complete outstanding agreements, settle commercial and legal matters and secure the approvals and financing required to proceed. Changes in development costs, export arrangements or the project schedule could affect the eventual returns.
ConclusionChevron's latest discussions with Egypt represent progress toward developing the Aphrodite field and establishing an export route through Egyptian infrastructure. The proposed pipeline and use of existing LNG facilities could help connect Cyprus' gas resources with international markets while creating potential commercial benefits for the partners.
For investors, the project offers a longer-term growth opportunity rather than an immediate earnings catalyst. The next important indicators will be completion of the remaining agreements, the long-lead procurement decision and the final investment decision. These milestones will provide greater clarity on the project's timing, capital requirements and potential contribution to Chevron's future natural gas business.
CVX's Zacks Rank & Other Key PicksCurrently, CVX carries a Zacks Rank #2 (Buy), while SHEL sports a Zacks Rank #1 (Strong Buy). Shell is a global energy company engaged in oil and natural gas exploration, production, LNG, refining and marketing. The company's participation provides exposure to the Eastern Mediterranean's natural gas development potential, with the proposed pipeline to Egypt offering a route to processing facilities and international LNG markets.
Investors interested in the energy sector might consider other top-ranked stocks, such as Marathon Petroleum (MPC - Free Report) and Delek US Holdings (DK - Free Report) , each sporting a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Marathon Petroleum is valued at $132.84 billion. The company is a leading U.S. independent refiner, marketer and transporter of petroleum products, with a strong refining footprint and an extensive midstream business. Marathon Petroleum benefits from its integrated operations, strategic refining assets and diversified earnings streams across the energy value chain.
Delek US Holdings is valued at $4.56 billion. It is a diversified downstream energy company engaged in petroleum refining, renewable fuels, asphalt production and logistics operations. Delek US Holdings operates multiple refineries in the United States and is committed to delivering safe, reliable energy while investing in cleaner energy initiatives.
Akcie Salesforce v pondělí vzrostly o více než 2 % poté, co Bank of America zvýšila doporučení na „kupovat“ a cílovou cenu ze 160 USD na 285 USD díky očekávanému přínosu umělé inteligence.
Salesforce stock CRM gained more than 2% on Monday after Bank of America upgraded the shares to Buy from Underperform, citing the potential for artificial intelligence to strengthen demand for enterprise software platforms.
The company also announced an agreement to acquire Loops, an AI-powered analytics startup, as it expands its strategy for AI-driven business intelligence.
Bank of America raised its price target for Salesforce to $285 from $160, arguing that large enterprises are unlikely to replace software platforms that manage their data, workflows, business processes, and compliance requirements as they adopt AI.
The upgrade comes as Salesforce shares have declined about 14% in 2026, amid investor concerns that wider AI adoption could reduce demand for traditional software tools.
Bank of America analyst Tal Liani said large enterprises were unlikely to abandon the platforms that support their core business operations. Instead, he expects AI to increase companies' reliance on existing software infrastructure.
“If anything, AI should deepen dependence on these platforms,” Liani said.
The analyst said Salesforce was positioned to benefit across the AI value chain, potentially reducing the risk that foundation models would displace its software.
Greater platform usage, premium upgrades and stronger revenue growth could support the company's long-term performance, according to the brokerage.
Bank of America also cited improving business momentum, including growth in net new annualized order value and stronger performance at Slack.
The bank raised its subscription and support revenue growth forecasts to 10.4% for fiscal 2028 and 10.5% for fiscal 2029, from previous estimates of 9.9% and 10.2%, respectively.
Its revised $285 price target values Salesforce at 16 times its expected free cash flow for 2027, compared with nine times previously, said a Seeking Alpha report.
However, Liani identified slower-than-expected AI adoption as a near-term risk, noting that AI-related revenue remains small relative to Salesforce's overall business.
Salesforce has been expanding its enterprise AI strategy, including its Agentforce platform of autonomous AI-powered agents.
Bank of America's upgrade reflects expectations that these initiatives could help the company attract more customers and support a return to faster growth.
The brokerage's positive view is broadly consistent with analyst sentiment.
According to LSEG data, 36 of the 51 analysts covering Salesforce had Buy or Strong Buy ratings.
Separately, Salesforce announced that it had signed a definitive agreement to acquire Loops, an AI-powered analytics platform designed to monitor business performance, explain changes in key metrics, and identify opportunities for improvement using machine learning.
The acquisition is intended to advance Salesforce's strategy for agentic analytics, which uses AI agents to help customers understand the factors driving business results and determine what actions to take.
Salesforce plans to integrate Loops' technology into Tableau, its data visualisation and analytics platform.
Mark Recher, executive vice president and general manager of Tableau, said the acquisition would build on the platform's existing focus on helping users interpret data and make decisions.
“Loops accelerates this mission, using powerful agentic AI to uncover the drivers behind business performance and surface where teams and agents can take action in real time,” Recher said.
The transaction is expected to close in early November next year.
AI adoption remains a key test for SalesforceThe BofA upgrade highlights an important aspect of Salesforce's AI strategy: increasing the value of its existing software platforms and expanding the use of AI agents to analyse business data.
The brokerage expects improving order growth and Slack performance to support stronger revenue expansion over the coming quarters.
Its forecasts point to a gradual acceleration in subscription and support revenue growth through fiscal 2029.
However, the financial contribution from AI remains an important uncertainty. If customers adopt Salesforce's AI tools more slowly than expected, the anticipated boost to revenue growth could take longer to materialise.
Investors weighing whether the AI-driven rebound has further to run can follow analyst ratings and track the stock’s progress through investment apps.
Salesforce Inc (NYSE:CRM, XETRA:FOO), the cloud software company, has agreed to acquire Loops, an artificial intelligence analytics platform designed to explain changes in business performance and recommend actions.
The deal will advance Salesforce’s strategy to embed AI agents into analytics, allowing businesses to identify trends, investigate anomalies and act on insights more quickly.
Loops uses machine learning to monitor key performance indicators, explain what drives changes in results and identify opportunities for improvement.
Its technology can operate through Slack and email, proactively alerting teams to emerging trends and performance changes without requiring users to initiate an analysis.
Salesforce plans to integrate Loops’s technology and specialist staff into Tableau, its data visualisation and analytics business, after the transaction closes.
Tableau aims to enhance its capabilities by integrating the technology, enabling organisations to not only understand historical and current data but also to receive actionable recommendations based on the analysis.
Loops chief executive and co-founder Tom Laufer said the platform was built to help businesses understand the factors driving results and decide what to do next.
Mark Recher, Tableau’s executive vice-president and general manager, said the acquisition would help customers use artificial intelligence to uncover the drivers of business performance and identify opportunities for action.
The move reflects a wider shift in enterprise software towards AI systems that can interpret data and support decisions, rather than simply present information through dashboards and reports.
The transaction is expected to close in early November during Salesforce’s 2027 financial year, subject to customary closing conditions.
Salesforce did not disclose the financial terms of the acquisition in its announcement.
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Oracle má nasmlouvané zbývající povinnosti k plnění v hodnotě 664 mld. USD, což je meziročně o 209 mld. USD více; zhruba polovina se má během 36 měsíců proměnit v tržby.
Oracle shares have shed half their value while the company quietly signed a backlog so large it dwarfs what most investors think the business is worth. Here is why the selloff looks less like a warning and more like a…
I bought more Oracle (NYSE:ORCL | ORCL Price Prediction) again this month, and every new wave of selling makes me want to buy more. Shares closed at $141.40 on October 9, down 51.75% over the past year and 26.49% year to date. A report on OpenAI’s revenue sent AI stocks lower, and observers now describe an AI credit scare hitting Oracle. When I look past the headlines, I see a growing order book priced below the hyperscalers most investors buy first.
A $664 Billion Backlog Wall Street Keeps Discounting
My conviction comes down to one thing: Oracle has already signed the customers. Remaining performance obligations reached $664 billion, up $209 billion year over year. Oracle booked more than $30 billion in new AI contracts in Q1 alone. Management expects around half of that RPO to convert into sales over the next 36 months.
That conversion has started. Cloud infrastructure revenue rose 121% to $7.39 billion, and cloud now makes up 60% of revenue, up from 48% a year ago. GPU utilization hit 97.9%, and GPUs up for renewal, most of them four years or older, renewed or resold at a 20% premium. That answers my biggest worry about AI hardware losing value fast.
Faster Growth at a Lower Multiple Than Microsoft or Amazon
Oracle grew revenue 29.6% last quarter and carries a forward P/E of 18. Microsoft (NASDAQ:MSFT) is valued at a forward P/E of 25 with quarterly revenue growth of 17.7%. Amazon (NASDAQ:AMZN) trades at a forward P/E of 24, grew revenue 19.6%, and pays no dividend. Oracle gives me more growth per dollar of earnings, plus income.
Oracle pays $0.50 per quarter, a 1.48% yield, versus 0.7% at Microsoft. The record shows quarterly payments since 2009, starting at $0.05. Q1 adjusted EPS of $1.92 beat the $1.74 consensus. Management guides fiscal 2027 to at least $90 billion in revenue and $8.10 in non-GAAP EPS.
Negative Free Cash Flow Is the Risk I Watch Closely
Free cash flow came in at -$5.40 billion as capex rose 235.2% to $28.50 billion. Management expects $90 billion to $95 billion in capex this fiscal year. The company’s interest expense rose 55% to $1.4 billion, and a completed $20 billion equity issuance diluted my stake. On 24/7 Wall St.’s The AI Investor Podcast, the hosts warned that “debt is leverage and leverage causes volatility.” A one-year drawdown past 50% shows it.
My thesis holds because operating cash flow rose 183.82% to $23.10 billion, and cash capex net of customer prepayments was $18 billion. Most new contracts use prepayment or bring-your-own-hardware structures requiring no additional Oracle capital. Oracle’s Hilary Maxson said scaled projects deliver “a free cash flow conversion ratio of something like 100% to post-tax EBITDA.”. Cash stands at $36.37 billion.
Why My Buy Button Stays Active
Q2 guidance calls for cloud revenue growth of 65%-71%. Multicloud database revenue grew 353% across 70 regions, turning rival clouds into distribution partners. Barron’s also reported that an Oracle insider bought stock amid the OpenAI swings. The backlog is signed and the GPUs are full, so the dividend should keep coming as that $664 billion turns into revenue.
Contact [email protected] for any questions or corrections.
Wall Street analysts expect U.S. Bancorp (USB - Free Report) to post quarterly earnings of $1.32 per share in its upcoming report, which indicates a year-over-year increase of 8.2%. Revenues are expected to be $8.01 billion, up 9.2% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 2.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific U.S. Bancorp metrics that are commonly monitored and projected by Wall Street analysts.
Analysts expect 'Book value per common share' to come in at $39.43 . The estimate compares to the year-ago value of $36.33 .
The consensus among analysts is that 'Average Balances - Earning assets' will reach $636.03 billion. The estimate is in contrast to the year-ago figure of $617.52 billion.
Analysts forecast 'Efficiency Ratio' to reach 56.4%. The estimate is in contrast to the year-ago figure of 57.2%.
The collective assessment of analysts points to an estimated 'Total nonperforming assets' of $1.52 billion. Compared to the current estimate, the company reported $1.65 billion in the same quarter of the previous year.
It is projected by analysts that the 'Total nonperforming loans' will reach $1.46 billion. The estimate is in contrast to the year-ago figure of $1.61 billion.
The combined assessment of analysts suggests that 'Tier 1 Capital Ratio' will likely reach 12.3%. Compared to the present estimate, the company reported 12.4% in the same quarter last year.
The consensus estimate for 'Leverage ratio' stands at 9.0%. Compared to the current estimate, the company reported 8.6% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Total risk-based capital ratio' should arrive at 14.4%. The estimate compares to the year-ago value of 14.4%.
Analysts predict that the 'Total Noninterest Income' will reach $3.51 billion. The estimate is in contrast to the year-ago figure of $3.08 billion.
Analysts' assessment points toward 'Net interest income (taxable-equivalent basis)' reaching $4.51 billion. The estimate compares to the year-ago value of $4.25 billion.
According to the collective judgment of analysts, 'Mortgage banking revenue' should come in at $166.62 million. The estimate compares to the year-ago value of $180.00 million.
The average prediction of analysts places 'Other- noninterest income' at $135.53 million. Compared to the present estimate, the company reported $213.00 million in the same quarter last year.
View all Key Company Metrics for U.S. Bancorp here>>>
U.S. Bancorp shares have witnessed a change of -9.2% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), USB is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Analytik Dan Ives zařadil Palantir mezi své hlavní technologické tipy pro rok 2027, protože očekává pokračující vlnu investic do AI ve výši 4 bilionů USD.
Dan Ives is a prominent tech analyst, arguably the most popular one out there. He's bullish on the opportunities in artificial intelligence (AI), and one stock that he continues to see lots of potential in is Palantir Technologies (PLTR -0.69%).
Palantir has been delivering impressive results in recent quarters, and its growth has been tremendous. The stock's high valuation has spooked investors, and that was likely a key reason why it was down for much of the year. But since it reported its recent earnings results, it has been surging yet again. And Ives believes that the stock may still rise higher. Here's why.
Image source: Getty Images.
Ives believes investors are underestimating the near-term growth potential of AIIn a recent post on social media platform X, Ives said that, "investors [are] underestimating the scale and scope of this $4 trillion dollar spending wave." Ives believes that in the coming years, there is still going to be tremendous spending on AI. Due to these opportunities, Palantir was one of the stocks that were his top tech picks for 2027.
Palantir has been a big benefactor of AI-fueled growth, as the company's been winning over customers with its focus on AI sovereignty and the ability for customers to retain control of their underlying data. This is crucial for companies to maintain their competitive advantages and protect intellectual property.
The tech company has been an advocate for that, and it's been a hugely successful strategy. In its most recent quarter, which went up until the end of June, Palantir reported massive 93% revenue growth, which has been accelerating.
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Palantir's stock has been soaring of lateIn just the past month, Palantir's stock has risen by more than 20%, taking it back to the highs it reached nearly a year ago. The bullishness has seemingly returned, and with Ives taking a favorable view of Palantir for next year, the tech stock may continue to rise higher in the near term.
But while there is plenty of excitement and optimism around Palantir, investors shouldn't overlook its valuation, as it trades at a whopping 180 times its trailing earnings. The business is doing exceptionally well, and its growth rate looks incredible. However, at such a hefty valuation, it could still limit the stock's gains. Plus, it may leave investors vulnerable to a sell-off if market conditions deteriorate, as stocks that are highly valued may have the most room to fall.
Palantir Technologies Inc. (NASDAQ:PLTR) has climbed back from a slide that cut its stock nearly in half. Shares of the surveillance, AI, and data-analytics company hit a new all-time high Monday as Wall Street buys into the its so-called sovereign AI pitch.
Palantir’s stock price previously peaked at $207.52 on Nov. 3, 2025, and fell to $106.37 by June 25, a drop of about 48.7%. On Friday it closed at a record $209.05, up 5.17%, after hitting $209.58 during the session, per Benzinga Pro data.
The rally kept going Monday. Just after the opening bell, shares hit a new intraday high of $212.94. The stock is now up 99.7% from its June low.
PLTR stock is at new highs. See the chart and price action here.
Earnings Changed the StoryIn early August, Palantir stood 35% below its November peak and was down almost 30% for 2026. The second-quarter report turned sentiment around.
Revenue rose 93% year over year. CEO Alex Karp marked the result by saying, “For the first time people believe us.”
The company raised its annual revenue forecast, and the stock jumped 29.5% on Aug. 4, its biggest one-day percentage gain since February 2024.
Read Next
Goldman Turns BullishThe latest push higher followed a Goldman Sachs upgrade. Last Thursday, the bank moved Palantir to buy from neutral and set a $230 price target.
“The [total addressable market] may be setting up for another step function change in depth, because of the shift to sovereign AI, bespoke applications, and Palantir’s newer verticalization strategy,” Goldman analyst Gabriela Borges wrote. The bank also expects more government contracts, more automated workers and a more vertical supply chain.
Palantir rose 2% on Thursday while the Nasdaq fell 1% after an OpenAI revenue setback hit AI stocks. On Friday, software stocks led the market higher. Palo Alto Networks Inc. (NASDAQ:PANW) gained 5% and CrowdStrike Holdings Inc. (NASDAQ:CRWD) rose 4%.
Steep ValuationPalantir’s market value is now about $487.8 billion, which puts $500 billion within reach. The stock trades at roughly 179 times trailing earnings, according to Benzinga Pro data.
A high multiple is nothing new for Palantir. Last year, Fortune reported it was the most richly valued company in the S&P 500 at 245 times forward earnings.
Since launching in 2003, the company has won government contracts worth billions to create software for the Pentagon and U.S. Immigration and Customs Enforcement (ICE).
Next Test: Nov. 9Palantir reports third-quarter results on Nov. 9, and Goldman’s $230 target is about 8.3% above Monday’s price.
Expectations are high going into the report, with 93% growth last quarter and a stock that has nearly doubled in four months. Another strong quarter would help support the record. A weak one would show how stretched the valuation is.
PLTR Stock Price Activity: Palantir stock was down 0.20% at $208.64 at the time of publication Monday, according to Benzinga Pro.
Read Next
Photo: Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Společnost BlackBerry zvýšila pro fiskální rok 2027 výhled tržeb divize QNX na 315–325 mil. USD a upraveného EBITDA na 95–105 mil. USD díky silné poptávce v automobilovém sektoru.
Key Takeaways BB's QNX raised fiscal 2027 revenue guidance to $315-$325 million, with adjusted EBITDA of $95-$105 million.QNX's addressable automotive market could more than double in 5 years as centralized computing gains traction.Royalty growth, minimum volume commitments & Physical AI applications aid QNX's expansion in embedded markets.
BlackBerry Limited (BB - Free Report) QNX business is emerging as a potentially key growth driver as AI reshapes the automotive industry, industrial automation and robotics. Known for its real-time operating systems and safety-critical software, QNX is well-positioned to benefit from a broader shift toward software-defined vehicles, intelligent machines and autonomous systems. While AI and Physical AI offer promising opportunities, the pace of commercialization, competition and customer adoption will determine how much value QNX can ultimately unlock.
QNX’s growth strategy rests on three pillars: its core automotive business, moving up the software stack with Alloy Kore and expanding into adjacent embedded markets. Core automotive remains the primary growth driver, supported by the shift toward software-defined vehicles and centralized computing architectures. QNX’s addressable market could more than double over the next five years as high-performance centralized computing architectures expand from roughly one-third to three-quarters of annual global vehicle production. Growth will also come from higher software content per vehicle, multiple QNX deployments and the transition to its SDP 8 platform.
As existing design wins enter production, royalty revenue should increase. QNX is also securing minimum volume commitments to improve revenue visibility and cash flow, while China’s new safety requirements for assisted and automated driving systems create additional opportunities. QNX’s general embedded markets account for about 20% of revenue and offer long-term growth opportunities across physical AI, robotics, industrial automation, medical devices and aerospace and defense. Its real-time, safety-certified and reliable software is increasingly important as AI moves into physical systems, including robotaxis, humanoid robots, surgical robots, autonomous vehicles and drones. While many markets remain in the early stages, a growing customer pipeline and rising demand for safety-critical software could dramatically expand QNX’s addressable market.
The company raised its fiscal 2027 QNX revenue outlook to $315-$325 million and adjusted EBITDA guidance to $95-$105 million. For the third quarter, QNX revenue is expected to be between $82 million and $88 million, with adjusted EBITDA of $27-$32 million. Management cited strong core automotive momentum and conversion of the royalty backlog into production revenue.
Can Competition Hinder BB’s QNX From Reaching Its Potential?NVIDIA Corporation (NVDA - Free Report) continues to build a longer-duration opportunity in automotive, robotics and other physical AI applications. NVIDIA expanded its DRIVE Hyperion robotaxi-ready ecosystem through collaborations with Foxconn, VinFast, Uber and HUMAIN and introduced Alpamayo 2 Super for autonomous vehicle development. It also launched Cosmos 3, an open frontier model for physical AI, the Isaac GR00T reference humanoid robot and Halos for Robotics safety software. Management has positioned physical AI as one of the workloads supported by the same computing, model and software stack, which can extend platform adoption beyond Data Center deployments. In August, it unveiled NVIDIA Jetson Orin Nano 2, a new robotics computer for entry-level edge AI.
Qualcomm Incorporated (QCOM - Free Report) automotive growth increasingly reflects higher compute content and broader platform wins. In the fiscal third quarter, automotive revenue reached $1.59 billion, up 61%. Qualcomm expanded its relationship with BMW to become the lead compute silicon provider for next-generation ADAS and digital cockpit programs extending into the next decade. Its collaboration with Stellantis also supports programs into the 2030s. Management said the fifth-generation Snapdragon Digital Chassis will ramp and is driving a step-up in silicon content per vehicle. It now expects an annualized automotive sales run rate of about $7 billion exiting fiscal 2026, providing a clearer bridge from design wins to sustained revenue growth.
BB Price Performance, Valuation & EstimatesShares of BlackBerry have surged 130.2% in the past six months compared with the Internet-Software industry’s growth of 28.6%.
Image Source: Zacks Investment Research
Regarding the price/book ratio, BB is trading at 6.61, higher than the industry’s multiple of 5.49.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for BB earnings for fiscal 2027 has been revised upward over the past 60 days.
Image Source: Zacks Investment Research
BlackBerry currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
TSMC nadále těží z růstu investic do umělé inteligence a očekává další silné čtvrtletí, přesto jsou při vysokém optimismu klíčová rizika mimo hlavní výsledky.
SummaryTaiwan Semiconductor Manufacturing Company Limited aka TSMC continues to benefit from powerful AI tailwinds, yet a closer look reveals a more nuanced risk-reward profile than many investors assume.Another strong quarter appears increasingly likely, but the real investment debate may have little to do with the headline numbers.With optimism running high and expectations even higher, TSM investors may want to examine what truly matters beyond the next earnings report.Looking for a helping hand in the market? Members of iREIT®+HOYA Capital get exclusive ideas and guidance to navigate any climate. Learn More » Getty Images
Introduction If you have spent at least an hour in the past two years identifying key names positively impacted by the AI buildout, it is almost impossible that you have not put Taiwan Semiconductor Manufacturing Company Limited (
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Kombinace tirzepatidu a eloralintidu od společnosti Eli Lilly vedla po 48 týdnech k úbytku hmotnosti až o 23,3 %, ale až 27 % pacientů léčbu kvůli nežádoucím účinkům ukončilo.
Although Eli Lilly (LLY +0.28%) is a leader in the GLP-1 space, the drugmaker continues to develop new and potentially better treatments for people to lose weight. Not everyone has success with GLP-1 drugs or can effectively tolerate them.
Recently, the company released trial results that suggested a combination treatment involving tirzepatide (the active ingredient in Zepbound), along with another drug, resulted in even greater weight loss. But there was a catch -- discontinuation rates were higher. What does this ultimately mean for investors, and is the healthcare stock worth buying on this news?
Image source: Getty Images.
Trial participants achieved weight loss of up to 23.3%After a period of just 48 weeks, patients who took tirzepatide along with eloralintide, which is an experimental drug that targets amylin, a natural hormone, but not GLP-1, achieved considerably more weight loss than just taking either drug alone. Patients who took a treatment that involved both drugs lost up to 23.3% of their weight versus just 14.8% with tirzepatide. Meanwhile, people who only took eloralintide lost up to 12.3%.
The one concern with the trial, however, was that a large number of people who took the combination treatment stopped it due to side effects. The discontinuation rate was as high as 27%, potentially suggesting that it wasn't well-tolerated among patients. But dosing can have a big impact on that, and the company's President of Lilly Cardiometabolic Health, Ken Custer, says high discontinuation rates weren't uncommon for tirzepatide either when it was in a mid-stage trial several years ago.
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Eli Lilly's growth potential remains promisingOverall, these recent trial results were a net positive for Eli Lilly, as they suggest the company is on a promising path as it continues to look for ways to build up its lead in the anti-obesity market. Rather than just sitting back on its approvals thus far, the company has demonstrated a strong willingness and eagerness to stay ahead of the competition. It's already dominating the anti-obesity market today, and yet, it's still looking for the next best solution for patients. That's a sign of a great growth-oriented business.
The one potential obstacle for the stock today is its valuation. Eli Lilly has a market cap of more than $1 trillion, and it trades at close to 40 times its trailing earnings. Its valuation is steep. I do, however, believe it can still rise higher given its dominance and success. But investors may want to temper their expectations. Eli Lilly's stock is up around 10% this year, and while it may be an excellent long-term investment, its gains may be modest in the near term.
Anduril vyvíjí střelu Steelfin, která má stát zhruba třetinu ceny střely Patriot PAC-3, plnit úkoly podobné systému THAAD a vyrábět se v tisících kusů ročně.
Lockheed Martin stock has come under pressure and is underperforming the broader market this year. It was trading at $509 on Friday, down by 26% from its highest point this year, and this sell-off may continue as Anduril launches a new interceptor missile known as Steelfin.
For many years, the Military Industrial Complex was made up of a handful of companies that dominated the sector. This included top companies like Lockheed Martin, RTX, General Dynamics, Boeing, and Northrop Grumman. These firms had pricing power, allowing them to overcharge the US government and other countries.
Now, the industry is being disrupted by upstarts like Anduril, which is now valued at over $61 billion. Anduril is working on Steelfin, a new line of missile interceptors that will help to counter threats ranging from drones, cruise missiles, ballistic, and hypersonic weapons.
The company notes that the new line will be much cheaper than those offered by Lockheed Martin. It will cost about a third of the Patriot Advanced Capability-3 Missile Segment Enhancement interceptor that costs about $4 million each.
READ MORE: Anthropic and Anduril raise billions as a new era in unicorns starts
Most notably, the company says that the interceptor will have advanced configurations that will see it conduct missions similar to those made by the Terminal High Altitude Area Defense (THAAD).
Anduril plans to manufacture these missiles in its Arsenal-1 plant in Ohio. It plans to launch them in late 2028 or early 2029. Most notably, unlike the current missile interceptors, Anduril will be able to manufacture thousands of these missiles a year.
This is a big threat to Lockheed Martin, which makes billions of dollars making advanced missile interceptors. While its products work well, analysts caution that they are not sustainable in an era when drones and low-cost missiles are being widely used in wars. For example, these missiles are being used to intercept Iranian drones and missiles that cost much less.
This development means that Anduril, which is a well-connected company, will start gaining market share in the interceptor industry. At the same time, it means that Lockheed Martin will need to develop a competing and low-cost product, which may affect its market. Just last week, the company said that it had been selected by the Army to make the next-generation interceptor to replace Patriot.
The most recent results showed that Lockheed Martin made over $18 billion in the second quarter, up modestly from the $17.9 billion it made in the same period last year. Its net earnings, however, dropped to $1.48 billion from the previous $1.7 billion.
Lockheed Martin shares chart | Source: TradingView
The daily chart shows that the LMT stock has slumped in the past few months, moving from the August high of $607 to the current $509. The current price coincides with the lowest level in April, June, and July.
At the same time, the stock has slumped below the 50-day Exponential Moving Average (EMA) and the Supertrend indicator. The Relative Strength Index (RSI) has dropped from the overbought level of 70 to the current 40.
Therefore, the path of the least resistance is downwards. A move below the support level of $494 will point to more downside, potentially to $450.
Banky připravují pro Anthropic dluhové financování ve výši 60 miliard USD na infrastrukturu AI s akcelerátory Broadcom; Broadcom má částečně ručit za seniorní úvěry v objemu 42 miliard USD.
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Anthropic’s confidential IPO prospectus, seen by Reuters, showed that the company has about $161 billion in commitments related to semiconductor giant Broadcom NASDAQ: AVGO. This adds weight to Broadcom’s assessment that Anthropic is on track to become its largest XPU customer next year. However, this commitment also requires substantial outside financing, given Anthropic’s still-developing profitability relative to the scale of its infrastructure obligations.
Investors recently received more details on just how much funding Anthropic will require to become Broadcom’s largest XPU buyer. For Broadcom, the rising level of financing exposure tied to its relationship with Anthropic raises the stakes for Anthropic’s much-anticipated IPO.
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$60 Billion Debt Package Raises the StakesBroadcom, alongside private equity firms Apollo Global Management NYSE: APO and Blackstone NYSE: BX, has formed its “AI XPV." This is a funding vehicle where Apollo and Blackstone provide capital for AI racks built around Broadcom-designed accelerators, while Anthropic makes lease payments over time. The first tranche of this vehicle is worth a hefty $35 billion. However, Broadcom’s financing exposure tied to Anthropic doesn’t stop there.
Several banks have reportedly begun syndicating a separate $60 billion debt package. The package would help finance Anthropic’s deployment of AI infrastructure tied to Broadcom-backed accelerators, with Broadcom receiving payment as the equipment is deployed and Anthropic making lease payments over time. The package contains multiple key parts.
The first is a set of senior secured loans worth approximately $42 billion. “Secured” means that some form of collateral exists, so that if Anthropic defaults, lenders receive an asset they can sell.
This is similar to a mortgage, where if a homeowner can no longer make payments, the bank takes possession of the property and can resell it to recoup its losses. Based on the structure of the AI XPV agreement, the AI racks are likely collateral. If Anthropic cannot pay, Broadcom could arrange to sell the racks to other customers to help repay lenders.
Broadcom is also expected to provide partial guarantees for these loans. This suggests that if, after reselling the racks, lenders still have not been fully repaid, Broadcom will use its cash to make up the difference. However, it is unclear how much of the $42 billion loan Broadcom has guaranteed.
Nonetheless, this $42 billion is 20% larger than the already large $35 billion first AI XPV tranche, showing how Broadcom’s support for Anthropic is rapidly expanding. This makes Anthropic’s continued growth ever more important to Broadcom, realizing the best possible return on these rack sales.
How Junior Debt and Convertibles Come Into PlayThe $60 billion package also includes $18 billion worth of junior loans. This means that in the event of default, lenders purchasing these loans can only receive payment after the $42 billion senior loans have received their full payment. Additionally, Broadcom is not expected to guarantee the junior tranche, limiting its financial liability should Anthropic default.
98th Percentile
Moderate Buy
46.4% Upside
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Strong
1.02 N/A
68.18%
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Ideally, Broadcom would not provide guarantees for any of the loans discussed, as it would then not have the risk of having to make lenders whole. However, this would also damage demand for the loans and thereby Anthropic’s ability to purchase its chips. Broadcom’s strong cash generation and investment-grade credit profile can help make guaranteed financing more attractive to lenders.
There is another wrinkle to be aware of: convertible notes. Anthropic may issue convertible notes to Broadcom with a principal amount of up to $42 billion to fund its lease payments. Essentially, Broadcom would purchase these notes, providing Anthropic with funds to make lease payments should this become necessary.
These notes may accrue interest that Anthropic must pay Broadcom, alongside repaying the principal. Additionally, Broadcom could “convert” the notes into shares of Anthropic, giving it ownership in the company. However, a convertible issuance would likely occur only if Anthropic faced difficulty paying its lease obligations: an overall negative outcome for Broadcom.
Anthropic Reportedly Eyes Pre-Thanksgiving IPO; A Key Broadcom Watch ItemUltimately, Broadcom wants Anthropic to continue scaling and for rack resales and convertible note issuance to never occur. This is why Anthropic’s financials are among the most important watch items for Broadcom stock. Unfortunately, at this point, updates on Anthropic’s financials are sporadic and often come through industry reports rather than directly from the firm.
In turn, the release of Anthropic’s official IPO documents will be a critical point for reassessing Broadcom’s outlook. Encouragingly, investors may not have to wait much longer to receive this information. Anthropic is reportedly targeting a public debut as soon as mid-November, potentially before Thanksgiving. Still, it’s worth noting that this marks a delay relative to previous expectations that Anthropic’s IPO could occur as soon as October, suggesting potential further delays.
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Analytici očekávají, že Charles Schwab ve 3. čtvrtletí vykáže zisk 1,66 USD na akcii, což by představovalo meziroční nárůst o 26,7 %, při tržbách 7,19 mld. USD.
The upcoming report from The Charles Schwab Corporation (SCHW - Free Report) is expected to reveal quarterly earnings of $1.66 per share, indicating an increase of 26.7% compared to the year-ago period. Analysts forecast revenues of $7.19 billion, representing an increase of 17.3% year over year.
The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Charles Schwab metrics that Wall Street analysts commonly model and monitor.
The average prediction of analysts places 'Net Revenues- Other' at $216.52 million. The estimate indicates a change of +27.4% from the prior-year quarter.
It is projected by analysts that the 'Net Revenues- Bank deposit account fees' will reach $340.96 million. The estimate suggests a change of +38% year over year.
The consensus estimate for 'Net Revenues- Net interest revenue' stands at $3.57 billion. The estimate indicates a year-over-year change of +17%.
Analysts' assessment points toward 'Net Revenues- Asset management and administration fees' reaching $1.89 billion. The estimate points to a change of +13.2% from the year-ago quarter.
Analysts expect 'Clients? Daily Average Trades (DATs)' to come in at 10.48 million. The estimate compares to the year-ago value of 7.42 million.
According to the collective judgment of analysts, 'Average Balance - Total interest-earning assets' should come in at $460.58 billion. Compared to the present estimate, the company reported $419.78 billion in the same quarter last year.
Analysts predict that the 'Average Client Assets - Schwab equity and bond funds, exchange-traded funds (ETFs), and collective trust funds (CTFs)' will reach $926.84 million. Compared to the present estimate, the company reported $735.52 million in the same quarter last year.
The combined assessment of analysts suggests that 'Average Client Assets - Mutual Fund OneSource and other no-transaction-fee funds' will likely reach $495.52 million. Compared to the present estimate, the company reported $443.66 million in the same quarter last year.
Analysts forecast 'Average Client Assets - Total managed investing solutions' to reach $969.68 million. The estimate compares to the year-ago value of $781.81 million.
The collective assessment of analysts points to an estimated 'Total client assets' of $13350.93 billion. Compared to the current estimate, the company reported $11593.90 billion in the same quarter of the previous year.
The consensus among analysts is that 'Average Client Assets - Schwab money market funds' will reach $697.21 million. Compared to the current estimate, the company reported $663.22 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Active brokerage accounts' should arrive at 40.15 million. The estimate compares to the year-ago value of 37.96 million.
View all Key Company Metrics for Charles Schwab here>>>
Charles Schwab shares have witnessed a change of -9.8% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), SCHW is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
SummaryCharles Schwab (SCHW) is well-positioned to benefit from AI-driven productivity gains, particularly in back-office cost savings and process automation.SCHW’s large employee base and paperwork-heavy processes offer significant opportunities for AI to enhance efficiency and margins over time.Demand for SCHW’s financial advisory services should remain robust, as human expertise and trust continue to be valued over AI-only solutions.I maintain a buy rating on SCHW, viewing any post-earnings pullbacks as potential entry points given long-term AI tailwinds and durable business moats. Getty Images
One of my key priorities right now is identifying firms that I believe could enjoy outsized impact from AI-driven productivity gains. Various types of companies and business models could fit this bill, and I believe that Charles Schwab (
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in SCHW over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
A strong stock as of late has been Fortinet (FTNT - Free Report) . Shares have been marching higher, with the stock up 24.8% over the past month. The stock hit a new 52-week high of $194.95 in the previous session. Fortinet has gained 145.3% since the start of the year compared to the 23.7% move for the Zacks Computer and Technology sector and the 117.6% return for the Zacks Security industry.
What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on July 29, 2026, Fortinet reported EPS of $0.9 versus consensus estimate of $0.75.
For the current fiscal year, Fortinet is expected to post earnings of $3.45 per share on $8.12 in revenues. This represents a 25% change in EPS on a 19.37% change in revenues. For the next fiscal year, the company is expected to earn $3.85 per share on $9.08 in revenues. This represents a year-over-year change of 11.6% and 11.93%, respectively.
Valuation MetricsWhile Fortinet has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Fortinet has a Value Score of F. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 56.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 59.1X. On a trailing cash flow basis, the stock currently trades at 62.9X versus its peer group's average of 75.9X. Additionally, the stock has a PEG ratio of 3.27. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks RankWe also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Fortinet currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Fortinet meets the list of requirements. Thus, it seems as though Fortinet shares could have a bit more room to run in the near term.
Expeditors International (EXPD) dosáhla 52týdenního maxima 195,73 USD; od začátku roku akcie vzrostly o 29,7 %. V posledním čtvrtletí EPS ve výši 2,03 USD překonal odhad 1,68 USD.
Have you been paying attention to shares of Expeditors International (EXPD - Free Report) ? Shares have been on the move with the stock up 0.3% over the past month. The stock hit a new 52-week high of $195.73 in the previous session. Expeditors International has gained 29.7% since the start of the year compared to the 6.5% gain for the Zacks Transportation sector and the -6.7% return for the Zacks Transportation - Services industry.
What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 4, 2026, Expeditors International reported EPS of $2.03 versus consensus estimate of $1.68 while it beat the consensus revenue estimate by 20.67%.
For the current fiscal year, Expeditors International is expected to post earnings of $7.77 per share on $13.15 in revenues. This represents a 30.59% change in EPS on a 18.78% change in revenues. For the next fiscal year, the company is expected to earn $7.85 per share on $13.03 in revenues. This represents a year-over-year change of 0.99% and -0.93%, respectively.
Valuation MetricsThough Expeditors International has recently hit a 52-week high, what is next for Expeditors International? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Expeditors International has a Value Score of D. The stock's Growth and Momentum Scores are B and A, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 24.9X current fiscal year EPS estimates, which is not in-line with the peer industry average of 24.9X. On a trailing cash flow basis, the stock currently trades at 29.9X versus its peer group's average of 6.6X. Additionally, the stock has a PEG ratio of 1.49. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Expeditors International currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Expeditors International fits the bill. Thus, it seems as though Expeditors International shares could have potential in the weeks and months to come.
How Does EXPD Stack Up to the Competition?Shares of EXPD have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Kuehne & Nagel International Ag (KHNGY - Free Report) . KHNGY has a Zacks Rank of #2 (Buy) and a Value Score of C, a Growth Score of B, and a Momentum Score of C.
Earnings were strong last quarter. Kuehne & Nagel International Ag beat our consensus estimate by 3.64%, and for the current fiscal year, KHNGY is expected to post earnings of $2.16 per share on revenue of $30.39 billion.
Shares of Kuehne & Nagel International Ag have gained 5.8% over the past month, and currently trade at a forward P/E of 25.5X and a P/CF of 15.39X.
The Transportation - Services industry is in the top 42% of all the industries we have in our universe, so it looks like there are some nice tailwinds for EXPD and KHNGY, even beyond their own solid fundamental situation.
Applied Materials unveiled a massive $5 billion research facility in Silicon Valley on Monday – a key part of CEO Gary Dickerson’s plan to speed up development of the cutting-edge computer chips driving the artificial intelligence boom.
The Santa Clara-based firm – a key supplier of equipment and software that tech giants like TSMC, Intel and Samsung use to build chips – is aiming to achieve faster breakthroughs by having scientists, engineers and researchers from companies and universities around the world collaborate under one roof.
Advanced AI models are progressing at a rapid clip, making it essential for industry leaders to improve a process that currently can take more than a decade from lab breakthrough to full-fledged production, Applied Materials CEO Gary Dickerson said in an interview with The Post
Applied Materials unveils a $5 billion research facility in Silicon Valley in a bid to streamline AI chipmaking. Applied Materials
“There are five to 10 key technologies that determine performance and yield [of semiconductors],” Dickerson said. “It’s all about, how do we accelerate all of that? The goal here is to cut that whole cycle time at least 30%, improving the time to market. There’s enormous value in doing that.”
The EPIC Center is billed as the world’s largest semiconductor equipment and manufacturing process R&D facility. The foundation of the 600,000-square-foot facility holds enough concrete to fill 34 Olympic-sized swimming pools, while its structure contains enough steel to build two Eiffel Towers, according to the company.
Applied Materials’ founding partners at the facility include TSMC, Intel, Samsung, Micron and SK Hynix. Other contributors will include Broadcom, as well as researchers from Arizona State University, Rensselaer Polytechnic Institute, Stanford University, UC Berkeley, and UCLA Samueli School of Engineering – all of whom will work in tandem with Applied’s internal teams.
Dickerson said improvements in the efficiency and performance of advanced computer chips could help alleviate the American public’s concerns about energy-guzzling data centers, which are key to maintaining the AI models built by Anthropic and OpenAI.
Gary Dickerson, CEO of Applied Materials, is pictured. Applied Materials
“It’s absolutely essential,” Dickerson said. “You’re improving that energy-efficient computing many times versus where we’re at today. It’s many, many times better than where we’re at today.”
Applied Materials declined to comment on specific projects that are planned at the EPIC Center, though Dickerson expects breakthroughs in chip manufacturing to have massive implications across healthcare, education and industrial production.
Better chips will also mean better smartphones and computers in the hands of consumers, Dickerson said.
“You’re going to see new consumer devices that go beyond the smartphone, that I have some visibility into, that will change human to human interaction and human to world interaction,” he said.
Applied Materials is working with various partners at the new R&D facility. Applied Materials
Computer chip production has emerged as a major flashpoint in the high-stakes AI race between the US and China. The Trump administration has imposed export controls on the most advanced chips made by industry leader Nvidia, and officials have pointed to the US lead in development of the hardware as a key advantage.
Part of the idea behind the EPIC Center, according to Dickerson, is to bring the best researchers and engineers from around the world together to drive advancements – and to eliminate the friction that comes from having key parts of the chip supply chain isolated from each other.
“You want to build the best innovation team in the world,” Dickerson said. “That’s what’s going to determine who wins and who loses.”
Generální ředitel Robinhood Vlad Tenev prodal v rámci předem stanoveného plánu 375 000 akcií HOOD za 42,64 milionu USD a nadále drží akcie v hodnotě zhruba 5,17 miliardy USD.
Robinhood's CEO and Cathie Wood both dumped tens of millions in HOOD shares within days of each other, which looks alarming until you understand the two very different reasons behind each sale.
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The chief executive of Robinhood (NASDAQ:HOOD | HOOD Price Prediction), Vlad Tenev, sold 375,000 shares on October 5, 2026, for about $42.64 million. Over the next four sessions, Cathie Wood’s ARK Invest also sold shares of Robinhood, and together those headlines can look like insiders and a well-known investor leaving the stock.
The filings show that Tenev’s sale followed a schedule he set more than a year earlier, and ARK’s sales were portfolio cuts. The stock closed at $109.02 on October 9, 2026, up 1.88% in the last session of the selling. Both sellers still hold large positions, and neither sale says much about the business ahead of earnings.
What Tenev’s Form 4 Shows A Form 4 is the filing an insider must submit shortly after trading the company’s stock. Tenev’s was filed October 7. It shows he converted Class B shares, which carry extra voting power, into ordinary Class A shares. He then sold them in three blocks at a combined average of about $113.72 a share.
The sale ran under a Rule 10b5-1 plan, which is a trading schedule set in advance. He adopted it on September 5, 2025. Plans like this keep executives from timing trades around private information, and that protects shareholders too.
Tenev’s remaining stake is far larger: he still directly holds 47,419,572 Class B shares, worth about $5.17 billion. Chief Legal Officer Dan Gallagher sold 10,000 shares under his own plan and still holds 499,943.
ARK’s Four Sessions of Selling ARK sold about 63,000 shares on October 6. Sources report slightly different counts for that day. The larger sales came next: 151,903 shares through its main fund on October 7, worth about $16.6 million, and 202,825 shares on October 8, worth about $21.7 million.
Only one source reports the October 9 sale of 19,098 shares. Valued at each day’s closing price, the four sessions add up to roughly $47.5 million. When a fund cuts a position, the reasons are usually position size, the fund’s rules, and investor withdrawals. That tells you little about the company itself.
Robinhood closed at $114.11 on October 5 and fell to $107.01 by October 8. Its market value of $98.02 billion is back below $100 billion.
The stock trades about 29% below its 12-month high of $153.56. It was already down 28.49% over the past year. The selling landed in the middle of a decline that had been going on for months.
Why the Bull Case Still Holds On October 5, Bank of America raised its price target to $156 from $140 and kept its Buy rating. In the second quarter, revenue grew 32% to $1.308 billion, and the company spent $414 million buying back its own stock.
Robinhood also added $25 million of Bitcoin (CRYPTO:BTC) to its balance sheet. That’s a small amount for a company this size. But it ties part of a brokerage’s book value to a volatile asset.
What HOOD Investors Should Watch Into Earnings The selling leaves the investment case intact. One sale was mechanical, and the other was a fund manager’s choice, and neither changes how much Robinhood can earn. With the stock about 29% below its high, the share price already reflects a good deal of caution.
Third-quarter results are scheduled for October 27, 2026, though the company has not confirmed the date. Net deposits against the prior quarter’s $21.7 billion and whether crypto revenue keeps shrinking will be worth watching.
Closing below $107.01 after a weak deposit number would undercut this view. A move back above $114.11, the October 5 close, would show investors have moved past the selling.
Contact [email protected] for any questions or corrections.
Monday.com (MNDY - 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.
Shares of this project management software developer have returned +2.4% over the past month versus the Zacks S&P 500 composite's +2.4% change. The Zacks Internet - Software industry, to which Monday.com belongs, has gained 9.2% 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.
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.
For the current quarter, Monday.com is expected to post earnings of $1.43 per share, indicating a change of +23.3% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.4% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $5.58 points to a change of +26.8% from the prior year. Over the last 30 days, this estimate has changed +3.9%.
For the next fiscal year, the consensus earnings estimate of $6.63 indicates a change of +18.7% from what Monday.com is expected to report a year ago. Over the past month, the estimate has changed +0.6%.
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 #2 (Buy) for Monday.com.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile 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.
In the case of Monday.com, the consensus sales estimate of $368.34 million for the current quarter points to a year-over-year change of +16.3%. The $1.47 billion and $1.69 billion estimates for the current and next fiscal years indicate changes of +19.3% and +15.2%, respectively.
Last Reported Results and Surprise HistoryMonday.com reported revenues of $364.62 million in the last reported quarter, representing a year-over-year change of +21.9%. EPS of $1.48 for the same period compares with $1.09 a year ago.
Compared to the Zacks Consensus Estimate of $354.95 million, the reported revenues represent a surprise of +2.72%. The EPS surprise was +29.82%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time 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.
Monday.com is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Monday.com. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
Starbucks v posledních měsících podle deníku Financial Times se svými poradci zvažuje převzetí společnosti Chipotle Mexican Grill; akcie Chipotle ve čtvrtek dopoledne vzrostly téměř o 7 %.
Shares of Chipotle Mexican Grill (CMG -4.07%) soared this past Thursday on news that Starbucks (SBUX +1.26%) has been considering an acquisition of the fast-casual burrito chain.
On Thursday, The Financial Times reported that Starbucks has been working with advisors in recent months on a takeover proposal for Chipotle. Chipotle shares were up almost 7% in late morning trading on Thursday, while Starbucks' share price dropped more than 3%.
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It's far from certain that Starbucks will actually attempt the takeover. It would be a massive deal, as Chipotle's market capitalization is north of $41 billion. And the acquisition could also face antitrust obstacles, though the Trump administration has so far not applied those laws strictly.
FT reports that an acquisition of Chipotle would be the biggest-ever merger in the restaurant sector, dwarfing Burger King's 2014 acquisition of Canadian coffee chain Tim Hortons, at around $11.4 billion.
Starbucks' CEO has engineered corporate turnarounds before
Interestingly, Starbucks CEO Brian Niccol is a former Chipotle CEO. He led the restaurant for six years. Since he left, the company's share price has fallen by nearly half. Niccol also worked for Yum! Brands, which owns KFC and Taco Bell.
Niccol engineered a well-respected turnaround at Chipotle after becoming CEO in 2018. While he was there, sales soared, and the share price climbed more than eightfold, moving from around $6 to $56. He has been attempting the same kind of transformation at Starbucks, which recorded six consecutive quarters of falling sales from early 2024 to late 2025.
Customers had complained about their experience at the coffee shops, including long lines, too few employees, and inconsistent product offerings. Niccol's "Back to Starbucks" turnaround plan has attempted to make service more consistent and faster, and make the coffeehouses' environments warmer.
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Since Niccol left Chipotle in late August 2024 to take the helm at Starbucks, Chipotle's share price has fallen by about 40%. Starbucks shares are down about 5% since that date.
The latest news that Niccol is looking at combining the two chains suggests he sees more value in Chipotle than investors do; that, with the share price significantly below where it was when he left, he believes the price of an acquisition is favorable right now; and that he thinks he can lead the combined company's stock price higher, possibly benefiting from synergies that come from mergers.
With Chipotle shares up sharply on the news, it seems investors believe Niccol could improve that business once again, though the undertaking might divert his attention from Starbucks' operations.
Matthew Benjamin has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chipotle Mexican Grill and Starbucks. The Motley Fool recommends Yum! Brands and recommends the following options: short December 2026 $38 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy.
Starbucks just killed the deal that had been carrying Chipotle shares higher, and now the burrito chain has to stand on its own traffic numbers with a buyer no longer waiting in the wings.
Takeover hopes that had been lifting Chipotle Mexican Grill (NYSE:CMG | CMG Price Prediction) shares are fading after the most logical buyer stepped aside. Chipotle stock is at $30.55, down 3% in morning trading, as Chipotle shares give back the deal premium that takeover chatter had built in. Starbucks (NASDAQ:SBUX) is the company that ended the speculation, stating that it isn’t pursuing an acquisition of the burrito chain.
Notably, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is at $778.69, essentially flat, so the broader market offers no explanation for the drop. Thus, the selling is concentrated in Chipotle stock.
Meanwhile, McDonald’s (NYSE:MCD) stock trades at $233.32, down 0.8%, representing a much smaller move than the one in Chipotle stock. At the same time, Yum! Brands (NYSE:YUM) stock is at $145.03, up 0.2%, holding its ground as McDonald’s stock edges lower. As for Starbucks stock, it’s up 1% to $92.04.
Starbucks Denial Strips Out the Deal Premium A Starbucks representative said on October 12 that the coffee chain isn’t buying Chipotle, ending several days of takeover speculation. Last Thursday, a published report said Starbucks had spent recent months working with advisors on a proposal to acquire the burrito chain, and that account carried Chipotle shares higher. Such a combination would have been the largest restaurant takeover on record, and that is why the denial is landing so hard on Chipotle stock.
Brian Niccol’s history made the deal plausible enough for the market to price. Niccol led Chipotle before becoming chief executive of Starbucks, where he is executing the “Back to Starbucks” turnaround plan. Earlier this month, Chipotle hired advisors to defend against activist investors or an unwanted takeover approach, a protective posture the denial now leaves the company holding alone.
Owned Stores Leave Chipotle More Exposed Than Franchised Rivals Chipotle owns and operates its restaurants, so its earnings move in step with transaction counts and traffic at the stores it runs. McDonald’s and Yum! Brands are mostly franchised and collect royalties from operators. That structure means a traffic problem at a single brand reaches their earnings far less directly than it hits Chipotle’s.
Rebuilding traffic is Chipotle’s central task, since the company is working to recover from a stretch in which visits to its restaurants fell. Takeover chatter had been papering over that weakness. A split this sharp, with Chipotle shares falling while McDonald’s stock barely moves and Yum! Brands stock holds steady, marks the session as a Chipotle-specific unwind of deal premium.
Measured by market value, Chipotle stock is now worth $38.14 billion, less than Yum! Brands stock at $39.6 billion and far below McDonald’s stock at $165.24 billion. Starbucks shares carry a market value of $104.44 billion, giving the coffee chain the heft to make a combination credible.
The bull case holds that a buyer of Starbucks’ scale examined Chipotle at all, suggesting the brand and its owned store base carry value the depressed share price doesn’t reflect. On the bear side, the takeover premium has now been stripped back out, leaving Chipotle stock standing on a traffic recovery that hasn’t arrived yet. With a 52-week low of $28.04 and a high of $42.82, Chipotle shares sit far closer the bottom of their range.
What to Watch Next Chipotle’s Q3 2026 results, currently expected on October 28 after the market closes, are the next hard checkpoint. That report’s traffic trend matters most, since it’s the number the takeover story had been covering up. Investors will want to see if visits to Chipotle restaurants begin to recover.
Without a buyer, Chipotle shares now trade on fundamentals rather than deal hopes. Investors holding Chipotle shares may want to size their positions around that traffic risk instead of counting on a renewed bid.
Contact [email protected] for any questions or corrections.
Společnost Steel Dynamics má za čtvrtletí končící v září 2026 vykázat zisk 5,41 USD na akcii, což by znamenalo meziroční nárůst o 97,5 %, při tržbách ve výši 6,13 mld. USD.
Wall Street expects a year-over-year increase in earnings on higher revenues when Steel Dynamics (STLD - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 19, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While 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 steel producer and metals recycler is expected to post quarterly earnings of $5.41 per share in its upcoming report, which represents a year-over-year change of +97.5%.
Revenues are expected to be $6.13 billion, up 27% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 5.08% 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. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Steel Dynamics?For Steel Dynamics, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Steel Dynamics will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?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 Steel Dynamics would post earnings of $3.56 per share when it actually produced earnings of $3.69, delivering a surprise of +3.65%.
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.
Steel Dynamics doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Keysight společně se společnostmi Broadcom a Alibaba Cloud předvede interoperabilitu technologie Link Layer Retry pro ethernetové sítě AI, včetně rozhraní 1,6T a 400GE.
Multi-vendor interoperability validation of key emerging Ethernet scale-up technology
SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS) will demonstrate multi-vendor interoperability of Link Layer Retry (LLR) for the first time in joint demonstrations with Broadcom and Alibaba Cloud at the 2026 OCP Global Summit in San Jose, October 12 – 15. LLR is a key emerging Ethernet scale-up technology, and the collaborations will demonstrate validation of LLR operation across both 200G and 100G SerDes implementations, and Credit-Based Flow Control (CBFC) at 100G SerDes, underscoring the readiness of LLR and CBFC as standard, lossless transport mechanisms for next-generation Ethernet-based AI scale-up fabrics.
The public demonstrations will include:
LLR over 1.6T speed with Broadcom Tomahawk 6: Keysight and Broadcom demonstrating Link Layer Retry running over 200G SerDes-based 1.6T speed between the Keysight INPT-1600GE and a Broadcom Tomahawk 6 (TH6)-based switch. The demonstration validates lossless behavior with LLR frame recovery and link resiliency, showing that LLR is ready for the 1.6T era of AI scale-up and scale-out networking. LLR and CBFC over 100G SerDes with Alibaba Scale-Up Ethernet Switch based on Broadcom Tomahawk Ultra: Keysight will demonstrate LLR and CBFC running over 100G SerDes-based 400GE speed with an Alibaba switch built on the Broadcom Tomahawk Ultra ASIC. The demonstration validates LLR and CBFC interoperability and hyperscaler deployment scenarios to demonstrate the technology’s readiness for AI scale-up networks. Together, these demonstrations establish LLR and CBFC as a practical, interoperable standard transport for Ethernet scale-up and scale-out AI networks — proven across multiple switch ASICs, SerDes rates, and vendor implementations. Keysight's scale-up validation solutions provide conformance, interoperability, and performance testing for LLR and CBFC, enabling any vendor adopting these technologies — from ASIC and switch suppliers to accelerator and system vendors — a repeatable, standards-aligned methodology to validate implementations before deployment and accelerate time to market.
Asad Khamisy, Senior Vice President and General Manager, Core Switching Group, Broadcom, said: “As AI systems scale to larger accelerator domains, Ethernet serves as the vital enabler for high-performance scale-up connectivity, delivering unrivaled bandwidth, resiliency, and efficiency. Demonstrating 1.6T Link Layer Retry interoperability with Tomahawk 6 showcases how the open Ethernet ecosystem is rapidly innovating to power these demanding AI workloads while maintaining a flexible, standards-based architecture. Collaboration with Keysight and Alibaba Cloud helps validate these technologies across the ecosystem and accelerate Ethernet adoption in next-generation AI infrastructure.”
Dennis Cai, VP of Engineering, Head of Network Infrastructure, Alibaba Cloud, said: “Large-scale AI infrastructure depends on networking technologies that combine high performance with reliability, interoperability and operational simplicity. Demonstrating LLR and CBFC on Alibaba Scale-Up Ethernet switch platform based on Broadcom Tomahawk Ultra provides an important validation in a hyperscale implementation. Working with Keysight and Broadcom helps advance an open Ethernet ecosystem where emerging scale-up technologies can be validated consistently across silicon, systems and real-world deployment environments.”
Ram Periakaruppan, Vice President and General Manager, Network Test & Security Solutions, Keysight, said: “AI scale-up networks require more than higher bandwidth — they require predictable, lossless and interoperable transport across an increasingly diverse ecosystem. By working with Broadcom and Alibaba Cloud to validate LLR and CBFC across multiple SerDes generations, switch architectures and 1.6T and 400GE interfaces, Keysight is helping the industry move Ultra Ethernet link-layer technologies from specification to deployable technology. Our goal is to provide the independent validation infrastructure that enables silicon, systems and cloud providers to adopt next-generation Ethernet scale-up and scale-out technologies with confidence.”
Keysight will showcase these demonstrations at its Scale-Up station on Booth #C83 at 2026 OCP Global Summit, San Jose Convention Center.
About Keysight Technologies
Keysight (NYSE: KEYS) serves technology innovators as a mission-critical design enablement partner for the world’s most complex engineering challenges. By connecting market-leading design, emulation, and test solutions across the full life cycle, Keysight helps engineering teams accelerate innovation, reduce risk, and bring new technologies to market faster. Customers across AI infrastructure, communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics rely on Keysight to bridge virtual design and physical reality, enabling confident decisions earlier. Learn more at www.keysight.com.
Zscaler očekává ve fiskálním roce 2027 růst tržeb o 17 % oproti 25 % ve fiskálním roce 2026; objednávky zabezpečení AI ve čtvrtém čtvrtletí vzrostly mezikvartálně o více než 50 %.
Key Takeaways Zscaler expects FY27 revenue growth of 17%, down from 25% in FY26, despite rising AI demand.Security for AI bookings surged over 50% QoQ in Q4, highlighting growing demand for AI security products.About 70% of AI security deals included Data Security, while metered offerings ARR grew over 100% in FY26.
Zscaler, Inc. (ZS - Free Report) faces a key challenge as its revenue growth is expected to slow in fiscal 2027. However, rising demand for artificial intelligence (AI) security products could help the cybersecurity company strengthen customer relationships and create new growth opportunities. The key question is whether these offerings can generate enough business to offset slower growth elsewhere.
In fiscal 2026, Zscaler’s revenues increased 25% year over year to $3.35 billion, while annual recurring revenues (ARR) rose 25% to $3.77 billion. However, management expects fiscal 2027 revenues of $3.91-$3.94 billion, implying growth of roughly 17%. This outlook signals that Zscaler must convert new opportunities into revenues to sustain its earlier growth pace.
AI security offers one potential solution. Security for AI bookings grew more than 50% sequentially in the fourth quarter of fiscal 2026. Zscaler is also developing products such as Zero Trust Exchange for Agents and Endpoint AI Security to address risks from AI applications and autonomous agents. These offerings could help enterprises protect sensitive data, manage access and reduce exposure to emerging threats.
The opportunity extends beyond new products. About 70% of Security for AI deals in the fourth quarter included Data Security, creating opportunities to sell additional services to existing customers. Meanwhile, non-seat-based metered offerings accounted for around 30% of new and upsell annual contract value in fiscal 2026, with related ARR growing more than 100% year over year.
Still, strong bookings must translate into sustained revenue growth. Zscaler needs to scale its new AI products, win new customers and expand spending among existing clients. Its AI portfolio could help narrow the growth gap, but execution will determine the impact. The Zacks Consensus Estimate for fiscal 2027 revenues is currently pegged at $3.93 billion, indicating a year-over-year increase of 17.2%.
Can AI Security Sustain Growth for ZS’ Rivals?Palo Alto Networks, Inc. (PANW - Free Report) and Fortinet Inc. (FTNT - Free Report) are among the biggest competitors of Zscaler in the AI security space.
Palo Alto Networks is seeing growing demand for its AI security products as enterprises move more AI workloads into production. Prisma AIRS, the company's AI security platform, surpassed $100 million in ARR in the fourth quarter of fiscal 2026. It reached this milestone within four quarters of general availability, making it the fastest-scaling product in Palo Alto Networks' history. The product also had more than 800 customers, with most of the company's largest transactions in the fourth quarter, including multiple Prisma AIRS modules.
In fourth-quarter fiscal 2026, revenues grew 34% year over year to $3.41 billion, while Next-Generation Security annual recurring revenues surged 63% to $9.1 billion. Revenues from the Network & AI Security segment reached $2.33 billion in the fourth quarter.
Fortinet is another competitor building AI security capabilities across its platform. On Aug. 17, 2026, the company acquired Virtue AI, adding agentic AI red-teaming, continuous AI validation, agent governance and real-time guardrails that complement its FortiAIGate solution for protecting large language models. Fortinet's strategy of integrating networking and security on a single operating system, FortiOS, powered by its proprietary FortiASIC chips, resonates strongly with enterprises modernizing infrastructure for AI.
In the second quarter of 2026, revenues climbed 26% year over year to $2.05 billion, as product revenues soared 52% to $773 million on robust FortiGate unit growth and higher average selling prices. Billings jumped 33% to $2.37 billion. In the second quarter, Fortinet also secured an eight-figure deal from a neocloud provider to protect AI data centers, underscoring its price-to-performance advantage. Customer investments to secure AI workloads and mitigate AI-related risks drove both new business and upgrade activity across the installed base.
Zscaler’s Price Performance, Valuation & EstimatesZS shares have returned 3.9% year to date, while the Zacks Security industry has surged 117.6%.
Zscaler YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, ZS trades at a forward price-to-sales ratio of 9.40, significantly below the industry’s average of 21.34.
Zscaler Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Zscaler’s fiscal 2027 and 2028 earnings implies a year-over-year increase of 16.6% and 13.3%, respectively. Estimates for fiscal 2027 have been revised upward over the past 30 days, while for fiscal 2028 estimates have been raised in the past seven days.
Image Source: Zacks Investment Research
Zscaler currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways KTOS demonstrated end-to-end connectivity across a multi-vendor 5G non-terrestrial network using OpenSpace.KTOS's virtualized OpenSpace platform supports flexible satellite communications and network management.KTOS is advancing interoperable ground systems for connected satellite and terrestrial networks.
Kratos Defense & Security Solutions, Inc. (KTOS - Free Report) is advancing its software-based satellite ground systems as the space communications industry moves toward more flexible, interoperable networks. On Oct. 8, 2026, the company announced a successful end-to-end connectivity demonstration across a multi-vendor 5G New Radio Non-Terrestrial Network (5G NR NTN) using its OpenSpace platform. The milestone supports Kratos’ efforts to develop ground systems that can accommodate equipment from different vendors.
The demonstration is important because satellite communications networks increasingly need to integrate different technologies and suppliers. Kratos used its fully virtualized OpenSpace platform to establish connectivity across a multi-vendor network. This provides a step toward supporting satellite communications architectures that can work across different system components rather than relying on a single vendor’s equipment.
OpenSpace is central to Kratos’ software-defined ground systems strategy. The platform is designed to virtualize satellite ground functions, allowing operators to use software-based capabilities for satellite communications and network management. The October demonstration adds to the company’s work on developing flexible ground infrastructure for evolving satellite communications requirements.
Kratos’ progress in 5G NTN could help expand the applications for its ground systems as satellite and terrestrial communications networks become more connected. Successful multi-vendor connectivity provides a technical milestone, although future commercial impact will depend on additional development, customer adoption and program execution. Continued progress could strengthen the company’s position in software-based satellite communications.
Companies Advancing 5G Satellite ConnectivityThe development of 5G non-terrestrial networks is encouraging satellite communications companies to expand systems that integrate space-based connectivity with terrestrial networks. Viasat, Inc. (VSAT - Free Report) and SES S.A. (SGBAF - Free Report) are also advancing satellite network technologies for next-generation connectivity.
Viasat is developing non-terrestrial network capabilities that can extend mobile connectivity beyond the reach of conventional cellular networks, including direct-to-device services.
SES is advancing a software-defined, 5G-enabled satellite network designed to integrate with terrestrial networks and support connectivity across multiple satellite orbits.
Earnings Estimates for KTOS StockThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests year-over-year growth of 50.91% and 37.06%, respectively.
Image Source: Zacks Investment Research
KTOS Stock Is Trading at a DiscountKratos is trading at a discount relative to the industry, with a forward 12-month price-to-sales of 3.73X compared with the industry average of 6.91X.
Image Source: Zacks Investment Research
KTOS Stock Price PerformanceOver the past three months, Kratos shares have fallen 9.8% compared with the industry’s 14.6% decline.
Image Source: Zacks Investment Research
KTOS’ Zacks RankKratos currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In its upcoming report, Interactive Brokers Group, Inc. (IBKR - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.66 per share, reflecting an increase of 15.8% compared to the same period last year. Revenues are forecasted to be $1.83 billion, representing a year-over-year increase of 13.4%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 2.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Interactive Brokers metrics that are commonly tracked and forecasted by Wall Street analysts.
According to the collective judgment of analysts, 'Average interest-earning assets' should come in at $239.86 billion. The estimate compares to the year-ago value of $183.75 billion.
Analysts expect 'Customer Statistics - Total Customer DARTs' to come in at 4.27 million. Compared to the current estimate, the company reported 3.62 million in the same quarter of the previous year.
It is projected by analysts that the 'Other fees and services' will reach $88.24 million. The estimate compares to the year-ago value of $66.00 million.
The consensus estimate for 'Total non-interest income' stands at $707.14 million. Compared to the current estimate, the company reported $688.00 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Commissions' will likely reach $588.90 million. Compared to the current estimate, the company reported $537.00 million in the same quarter of the previous year.
Analysts predict that the 'Other income' will reach $30.00 million. Compared to the present estimate, the company reported $85.00 million in the same quarter last year.
The consensus among analysts is that 'Total net interest income' will reach $1.12 billion. Compared to the current estimate, the company reported $967.00 million in the same quarter of the previous year.
View all Key Company Metrics for Interactive Brokers here>>>
Shares of Interactive Brokers have experienced a change of -3.8% in the past month compared to the +2.4% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), IBKR is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zions má 19. října zveřejnit čtvrtletní zisk na akcii ve výši 1,64 USD, což představuje meziroční nárůst o 6,5 %, při tržbách ve výši 894,32 milionu USD.
Wall Street expects a year-over-year increase in earnings on higher revenues when Zions (ZION - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 19, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis financial holding company is expected to post quarterly earnings of $1.64 per share in its upcoming report, which represents a year-over-year change of +6.5%.
Revenues are expected to be $894.32 million, up 2.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.94% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Zions?For Zions, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.18%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Zions will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Zions would post earnings of $1.57 per share when it actually produced earnings of $1.74, delivering a surprise of +10.83%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Zions appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Společnost Constellation Energy získala hodnocení Zacks Rank #2 (koupit), protože konsenzuální odhad EPS pro aktuální rok za posledních 30 dní vzrostl o 0,4 % na 12,19 USD.
Constellation Energy Corporation (CEG - 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 company have returned +4.7%, compared to the Zacks S&P 500 composite's +2.4% change. During this period, the Zacks Alternative Energy - Other industry, which Constellation Energy Corporation falls in, has lost 2.7%. 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.
Constellation Energy Corporation is expected to post earnings of $3.99 per share for the current quarter, representing a year-over-year change of +31.3%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.4%.
The consensus earnings estimate of $12.19 for the current fiscal year indicates a year-over-year change of +29.8%. This estimate has changed +0.4% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $13.25 indicates a change of +8.8% from what Constellation Energy Corporation is expected to report a year ago. Over the past month, the estimate has changed +1%.
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 #2 (Buy) for Constellation Energy Corporation.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Constellation Energy Corporation, the consensus sales estimate for the current quarter of $8.69 billion indicates a year-over-year change of +32.2%. For the current and next fiscal years, $33.68 billion and $32.56 billion estimates indicate +31.9% and -3.3% changes, respectively.
Last Reported Results and Surprise HistoryConstellation Energy Corporation reported revenues of $7.5 billion in the last reported quarter, representing a year-over-year change of +23%. EPS of $2.55 for the same period compares with $1.91 a year ago.
Compared to the Zacks Consensus Estimate of $7.47 billion, the reported revenues represent a surprise of +0.48%. The EPS surprise was +8.05%.
Over the last four quarters, Constellation Energy Corporation surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time 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.
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.
Constellation Energy Corporation is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Constellation Energy Corporation. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
Analytici očekávají, že First Horizon (FHN) vykáže čtvrtletní zisk ve výši 0,53 USD na akcii, což představuje meziroční růst o 3,9 %, při očekávaných tržbách 889,7 mil. USD.
Wall Street analysts expect First Horizon National (FHN - Free Report) to post quarterly earnings of $0.53 per share in its upcoming report, which indicates a year-over-year increase of 3.9%. Revenues are expected to be $889.7 million, up 0.1% from the year-ago quarter.
The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific First Horizon metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts expect 'Efficiency Ratio' to come in at 58.1%. Compared to the present estimate, the company reported 61.9% in the same quarter last year.
According to the collective judgment of analysts, 'Net Interest Margin (FTE)' should come in at 3.5%. Compared to the present estimate, the company reported 3.6% in the same quarter last year.
Analysts forecast 'Average Balance - Total interest earning assets' to reach $78.61 billion. Compared to the present estimate, the company reported $76.03 billion in the same quarter last year.
The average prediction of analysts places 'Total nonperforming assets' at $527.00 million. Compared to the current estimate, the company reported $621.00 million in the same quarter of the previous year.
The consensus among analysts is that 'Total nonperforming loans and leases' will reach $525.50 million. Compared to the present estimate, the company reported $605.00 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Total Non-Interest Income' of $202.75 million. Compared to the present estimate, the company reported $215.00 million in the same quarter last year.
The consensus estimate for 'Net interest income (FTE)' stands at $684.87 million. Compared to the present estimate, the company reported $678.00 million in the same quarter last year.
Based on the collective assessment of analysts, 'Net Interest Income' should arrive at $684.00 million. The estimate compares to the year-ago value of $674.00 million.
Analysts' assessment points toward 'Fixed income' reaching $42.73 million. The estimate compares to the year-ago value of $57.00 million.
It is projected by analysts that the 'Brokerage, trust, and insurance' will reach $44.98 million. The estimate compares to the year-ago value of $39.00 million.
Analysts predict that the 'Service charges and fees' will reach $59.45 million. Compared to the current estimate, the company reported $57.00 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Card and digital banking fees' will likely reach $18.71 million. Compared to the current estimate, the company reported $19.00 million in the same quarter of the previous year.
View all Key Company Metrics for First Horizon here>>>
Shares of First Horizon have experienced a change of -5.7% in the past month compared to the +2.4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), FHN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Bloom Energy shares have already surged over 200% this year, yet Wall Street's consensus target barely budges. A closer look at the numbers reveals why one specific price could still be achievable by 2027.
Bloom Energy (NYSE:BE) makes solid-oxide fuel cell “Energy Servers” that generate electricity onsite without burning. AI data centers have made that technology a default choice.
Here is how CEO KR Sridhar put it on the second-quarter call: “Today, all the major US hyperscalers and over a dozen US neoclouds, AI labs, and colocation data center operators have validated and approved our power solutions for their AI factories. Bloom is now a standard for AI onsite power.”
The market has noticed. Shares trade at $273.45, up 214.71% year-to-date and 1327.94% over five years. Here is what Bloom needs to do to hit $450 per share in 2027.
Wall Street’s Target Lags Its Own Rising Estimates The consensus price target of $283.78 implies just 3.8% upside. Ratings are split, with 12 holds against 15 buy or strong buy ratings. The estimates themselves are more bullish.
Analysts now expect $4.9421 in 2027 EPS, compared with $4.4009 90 days ago, a 12.3% increase. The 2027 revenue consensus of $6.79 billion sits 65% above the 2026 estimate, and EPS is forecast to grow 82.6%.
Bloom also exceeded estimates in five straight quarters, so forecasts have tended to come in too low. In the second quarter, non-GAAP EPS of $0.78 topped the $0.41 estimate, and revenue rose 165.5% to $1.07 billion.
Here’s What It Takes for Bloom to Reach $450 Today Bloom trades at 55x 2027 earnings. At $450, that multiple rises to 91x. Using the high 2027 estimate of $7.01, it falls to 64x. It’s a premium valuation, but it comes with earnings growth above 80%.
How might Bloom reach $450? Guidance raises: The 2026 non-GAAP operating income outlook now stands at $800 to $900 million, up from $425 to $450 million at the start of the year. Financing capacity: Brookfield expanded its framework from $5 billion to $25 billion in June 2026. Backlog: Total backlog of roughly $20 billion gives Bloom years of visibility. Operating leverage: Revenue grew 166% while operating expenses rose 48%, which raised operating margin to 22.5%. Scalable supply: CFO Simon Edwards said Bloom is “neither gated by capacity nor our supply chain.” Inference demand: Sridhar expects inference to need distributed power close to users, saying “You cannot put a gas turbine in the middle of Manhattan.” Bloom’s Recent Run Shows $450 Is Within Reach Reaching $450 would take a 64.6% gain. It’s a large move, and Bloom has already beaten it by a wide margin this year.
Shares are up 212.23% over the past year and have traded as high as $351.28 in the last 52 weeks. After the second-quarter earnings report, the stock rose 43.1% in a single week. With a beta of 3.776, Bloom moves fast in both directions. The 52-week low was $75.70.
$450 Is a Stretch, but Here’s Why It’s Possible Hitting $450 would require Bloom to gain about 65% in 2027. Several things support that path: 2027 estimates keep rising, Bloom keeps beating them, management keeps raising guidance, and a $25 billion financing shelf supports more installations.
The hurdles are real. A slowdown in AI spending, uneven large-campus deliveries, and tariffs could each halt the rally. Still, if hyperscalers keep choosing onsite power and estimates move toward the high end, $450 is within reach. Returns at this level shouldn’t be expected every year, but we’ve outlined the plan for how Bloom could see outsized returns in 2027.
Contact [email protected] for any questions or corrections.
IonQ (NYSE:IONQ) shares fell 5% after the quantum computing company agreed to acquire cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion, first reported by The Wall Street Journal.
The transaction includes up to $150 million in performance-based earnouts, with the number of IonQ shares issued determined by a reference price ranging from $33.07 to $49.61 per share.
The acquisition will combine IonQ’s post-quantum cryptography and quantum key distribution capabilities with Elisity’s enterprise security platform, helping businesses and government organisations defend against existing and emerging cyber threats.
IonQ chief executive Niccolo de Masi told the Wall Street Journal that increasingly powerful artificial intelligence and quantum computing systems would create greater cybersecurity risks.
The threat includes so-called Q-Day, the point at which quantum computers could become capable of breaking widely used encryption methods that protect sensitive information.
Elisity, founded in 2019, develops software designed to prevent cyber attackers and ransomware from spreading across corporate networks, with customers including healthcare companies and hospitals.
The company has more than 100 customer deployments globally and has doubled its revenue and customer base year-on-year while retaining customers across its deployed accounts.
Elisity chief executive James Winebrenner is expected to remain in the role after the acquisition, which IonQ expects to complete in the fourth quarter of 2026, subject to regulatory approval.
The deal follows IonQ’s agreement to acquire semiconductor manufacturer SkyWater Technology for about $1.8 billion, as it expands beyond quantum computing hardware into related technologies and services.
IonQ, Inc. (IONQ - 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 company have returned +8.5%, compared to the Zacks S&P 500 composite's +2.4% change. During this period, the Zacks Computer - Integrated Systems industry, which IonQ falls in, has gained 5%. 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.
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.
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.
IonQ is expected to post a loss of $0.23 per share for the current quarter, representing a year-over-year change of +93.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
The consensus earnings estimate of -$1.09 for the current fiscal year indicates a year-over-year change of +40.1%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $1.01 indicates a change of +7.2% from what IonQ is expected to report a year ago. Over the past month, the estimate has changed +7.4%.
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 #3 (Hold) for IonQ.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of IonQ, the consensus sales estimate of $145.29 million for the current quarter points to a year-over-year change of +264.4%. The $455.01 million and $827.32 million estimates for the current and next fiscal years indicate changes of +250% and +81.8%, respectively.
Last Reported Results and Surprise HistoryIonQ reported revenues of $80.05 million in the last reported quarter, representing a year-over-year change of +286.9%. EPS of -$0.33 for the same period compares with -$0.7 a year ago.
Compared to the Zacks Consensus Estimate of $66.36 million, the reported revenues represent a surprise of +20.63%. The EPS surprise was -13.79%.
Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
IonQ is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about IonQ. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
IonQ dosáhla rychlosti více než 1 000 provázání za sekundu mezi iontovým qubitem a pamětí SiV, což je více než čtyřnásobek dosavadního rekordu u iontových systémů.
Key Takeaways IONQ exceeds 1,000 entanglement events per second, beating the previous trapped-ion record by over four times.IONQ combines trapped-ion qubit coherence with solid-state quantum memory for efficient coupling to light.IONQ expands commercial sales with quantum systems sold to the University of Maryland and Korea-based SDT. IonQ (IONQ - Free Report) recently crossed a key milestone for memory-enhanced quantum interconnects. The company achieved entanglement rates exceeding 1,000 events per second (1 kHz) between a trapped ion qubit and a solid-state quantum memory. A technical paper presented results from real-world hardware testing of an end-to-end link between a trapped ion system and a silicon vacancy (SiV) qubit, building on IonQ’s SiV quantum memory platform. The demonstration used a photonic interconnect and recorded a rate more than four times the previous record for trapped-ion systems.
Entanglement allows separate quantum systems to work together and is essential for networking quantum computers. IonQ’s approach combines the strong qubit coherence of trapped-ion qubits with the solid-state quantum memory, which has very high-efficiency coupling to light. The latest achievement addresses a key bottleneck in quantum interconnect while advancing the company’s efforts to build networked quantum data centers, where connected computing and memory systems could help quantum technology scale.
IonQ’s quantum memory and interconnect approach supports its work under the Defense Advanced Research Projects Agency’s (“DARPA”) HARQ program, which seeks to develop high-speed quantum interconnects compatible with multiple computing qubit types. Although the latest demonstration used trapped ion systems, the underlying architecture could be adapted with multiple qubit approaches, including neutral atoms and superconducting systems with transducers that convert microwave signals into light.
IonQ’s memory and interconnect platform is also ramping up commercially. The company announced its first commercial sale to the University of Maryland in April, followed by a second system sale to Korea-based quantum technology and software company SDT, Inc. in September.
Latest Developments Among IONQ’s PeersIBM (IBM - Free Report) introduced IBM Ready for SAP Solutions to help midsize and fast-growing organizations speed up cloud ERP modernization, unify enterprise data and develop an AI-ready digital core. The offering combines the company’s industry expertise, fit-to-standard delivery and its AI-powered IBM Consulting Advantage consulting delivery platform. Volumetric Building Companies and Second Nature Brands are among the clients using the solution to support growth and future AI initiatives. IBM has been selected for Stage C, the third phase of the Quantum Benchmarking Initiative led by DARPA.
Infleqtion (INFQ - Free Report) , in collaboration with Honeywell Aerospace and a distinguished UC Santa Barbara professor, announced development of a new integrated optical cavity that helps shrink quantum sensors down to handheld size. Fabricated on a silicon nitride chip at Honeywell Aerospace’s photonics foundry, the prototype reduces the space needed to keep lasers stable inside quantum systems. It uses a manufacturing process widely adopted in the semiconductor industry, allowing production to scale across many existing commercial facilities.
The Zacks Rundown for IONQ StockOver the past six months, IonQ shares have rallied 34% compared with the industry’s 108.2% growth.
Image Source: Zacks Investment Research
IONQ is trading at a forward, five-year price-to-sales (P/S) of 20.38X compared with 4.60X industry average.
Image Source: Zacks Investment Research
Analysts’ estimates for IonQ’s 2026 and 2027 loss per share have seen mixed revisions in recent months, as shown below.
Image Source: Zacks Investment Research
IONQ stock currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways PNC is set to report Q3'26 earnings on Oct. 15, with NII expected to rise 3%-3.5% sequentially.PNC expects average loans to grow 1%-2% sequentially in Q3'26, supporting higher net interest income.PNC expects adjusted expenses to fall 2%-3% sequentially, while fee income is projected to decline 5%-5.5%.
The PNC Financial Services Group, Inc. (PNC - Free Report) is scheduled to report third-quarter 2026 results on Oct. 15, before market open. The company’s revenues and earnings are expected to have improved on a year-over-year basis.
In the second quarter of 2026, the company’s earnings surpassed the Zacks Consensus Estimate, driven by higher net interest income (NII) and fee income. Solid loan growth further supported the results, while higher expenses and lower deposit balances acted as headwinds.
PNC has an impressive earnings surprise history. Its earnings surpassed estimates in the trailing four quarters, with an average surprise of 8.79%.
Factors to Impact PNC Financial’s Q3 EarningsNII & Loans: In mid-September 2026, the Federal Reserve raised interest rates by 25 basis points to 3.75-4.00%, citing persistently elevated inflation. However, as rates remained unchanged for most of the third quarter, the hike is unlikely to have a significant impact on PNC Financial’s NII growth during the quarter.
Management expects NII to increase 3%-3.5% sequentially in the third quarter of 2026. The Zacks Consensus Estimate for NII of $4.2 billion implies a sequential increase of 2.9%.
Loan growth momentum is likely to have moderated in the third quarter of 2026 following solid lending activity in the first half of the year. Per the Fed’s latest data, commercial and industrial loan growth remained strong in the third quarter of 2026, while consumer and real estate lending remained broadly stable. As such, stabilized funding costs and continued loan demand are expected to have supported PNC’s lending activity in the quarter to be reported.
The Zacks Consensus Estimate for average interest-earning assets is pegged at $564.2 billion, indicating a sequential increase of 1.6%. Meanwhile, management expects average loans to rise 1%-2% sequentially in the third quarter of 2026.
Non-Interest Revenues: In the third quarter of 2026, mortgage rates remained elevated near 7%, while affordability continued to be strained. Purchase activity and refinancing demand likely faced persistent headwinds from high borrowing costs and affordability constraints. As a result, PNC Financial’s residential and commercial mortgage revenues are likely to have faced pressure during the quarter.
The Zacks Consensus Estimate for residential and commercial mortgage revenues is pegged at $137 million, indicating a sequential decline of 4.8%.
Client activity and market volatility remained elevated in the third quarter of 2026, supported by shifting expectations surrounding artificial intelligence (AI), persistent geopolitical tensions, lingering inflation concerns and the Federal Reserve’s hawkish monetary policy stance. Volatility across equity markets and other asset classes, including commodities, fixed income and foreign exchange, is likely to have supported client activity. As a result, PNC Financial's asset management and brokerage income is likely to have improved in the quarter to be reported.
The Zacks Consensus Estimate for the metric is pegged at $448.4 million, indicating a 1.9% rise sequentially.
Global mergers and acquisitions (M&A) activity slowed considerably in the third quarter of 2026 following a record-setting first half, as rising interest rates and persistent inflation weighed on valuations and deal negotiations. Although strategic buyers remained active, pursuing acquisitions to enhance scale, resilience and supply-chain security, overall global M&A volume and value remained muted, with a handful of large transactions dominating the market. This subdued deal-making environment is likely to have weighed on PNC Financial’s capital markets and advisory revenues in the quarter to be reported.
The Zacks Consensus Estimate for the company's capital markets and advisory income is pegged at $467.6 million, indicating a sequential decline of 18.9%.
Further, the Zacks Consensus Estimate for card and cash management revenues is pegged at $764.9 million, indicating a sequential decline of nearly 1%. The consensus estimate for lending and deposit services is pegged at $338.5 million, indicating an increase of 1.8% from the previous quarter's actual.
Management expects fee income to decline 5%-5.5% sequentially in the third quarter of 2026.
The Zacks Consensus Estimate for non-interest income stands at $2.34 billion, implying a sequential decline of 15.3%.
Expenses: The company's expenses remained elevated in the first half of 2026, primarily due to FirstBank integration costs and continued investments in franchise expansion, technology and digitalization. While these factors may have continued to weigh on expenses in the third quarter, savings from the 2026 Continuous Improvement Program are likely to have provided some relief during the quarter to be reported.
Management expects adjusted non-interest expenses to decline nearly 2%-3% sequentially in the third quarter of 2026.
Asset Quality: PNC Financial is likely to have maintained elevated reserves, particularly in its commercial lending portfolio, amid persistent inflation and geopolitical uncertainty stemming from the Middle East conflict. Additionally, the Fed's stance on interest rates and the possibility of further rate hikes are expected to have prompted the company to remain cautious and set aside substantial provisions for potential credit losses in the third quarter of 2026.
Management expects net charge-offs to be around $225 million, largely unchanged from the $226 million reported in the second quarter of 2026.
The Zacks Consensus Estimate for non-performing assets is pegged at $2.31 billion, indicating an increase of 7.6% from the previous quarter. Also, the consensus estimate for non-performing loans is pegged at $2.23 billion, implying a sequential rise of 9.9%.
What Our Model Unveils for PNCOur proven model predicts an earnings beat for PNC Financial this time. The combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That is exactly the case here.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Earnings ESP: PNC Financial has an Earnings ESP of +0.80%.
Zacks Rank: The company currently carries a Zacks Rank of 3.
PNC Financial’s Q3 Earnings & Sales ExpectationsThe Zacks Consensus Estimate for third-quarter earnings per share has been revised downward to $4.97 over the past seven days. This implies a year-over-year rise of 14.3%.
The Zacks Consensus Estimate for quarterly revenues of $6.60 billion indicates an 11.1% year-over-year increase.
Stocks to ConsiderHere are a couple of other bank stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:
The Earnings ESP for M&T Bank (MTB - Free Report) is +0.73% and carries a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The company is slated to report third-quarter 2026 results on Oct. 16, 2026. Over the past seven days, the Zacks Consensus Estimate for MTB's quarterly earnings has been revised downward to $4.98 per share.
Fifth Third Bancorp (FITB - Free Report) is scheduled to announce third-quarter 2026 results on Oct. 19, 2026. The company has an Earnings ESP of +0.89% and a Zacks Rank #3 at present.
Quarterly earnings estimates for FITB have remained unchanged at $1.09 per share over the past week.
Analytici očekávají, že PNC ve 3. čtvrtletí vykáže zisk 4,97 USD na akcii a tržby 6,6 mld. USD, což představuje meziroční nárůst o 14,3 %, respektive o 11,1 %.
Wall Street analysts forecast that The PNC Financial Services Group, Inc (PNC - Free Report) will report quarterly earnings of $4.97 per share in its upcoming release, pointing to a year-over-year increase of 14.3%. It is anticipated that revenues will amount to $6.6 billion, exhibiting an increase of 11.1% compared to the year-ago quarter.
The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific The PNC Financial Services Group metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Efficiency ratio' reaching 56.9%. The estimate compares to the year-ago value of 59.0%.
Analysts predict that the 'Book value per common share' will reach $147.34 . The estimate is in contrast to the year-ago figure of $135.67 .
The combined assessment of analysts suggests that 'Total interest-earning assets - Average balance' will likely reach $564.21 billion. Compared to the current estimate, the company reported $518.13 billion in the same quarter of the previous year.
The consensus estimate for 'Total nonperforming assets' stands at $2.31 billion. The estimate compares to the year-ago value of $2.30 billion.
The consensus among analysts is that 'Total nonperforming loans' will reach $2.23 billion. The estimate is in contrast to the year-ago figure of $2.14 billion.
Based on the collective assessment of analysts, 'Tier 1 risk-based ratio' should arrive at 11.1%. Compared to the present estimate, the company reported 12.0% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Leverage Ratio' of 9.0%. Compared to the present estimate, the company reported 9.2% in the same quarter last year.
The average prediction of analysts places 'Total capital risk-based' at 12.7%. Compared to the present estimate, the company reported 13.6% in the same quarter last year.
It is projected by analysts that the 'Net interest income (Fully Taxable-Equivalent - FTE) (non-GAAP)' will reach $4.26 billion. The estimate is in contrast to the year-ago figure of $3.68 billion.
Analysts forecast 'Total Noninterest Income' to reach $2.34 billion. Compared to the current estimate, the company reported $2.27 billion in the same quarter of the previous year.
Analysts expect 'Net Interest Income' to come in at $4.23 billion. The estimate is in contrast to the year-ago figure of $3.65 billion.
According to the collective judgment of analysts, 'Lending and deposit services' should come in at $352.21 million. The estimate is in contrast to the year-ago figure of $335.00 million.
View all Key Company Metrics for The PNC Financial Services Group here>>>
The PNC Financial Services Group shares have witnessed a change of -10.3% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), PNC is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Key Takeaways Ciena's Q3 fiscal 2026 revenue surged 37% to $1.67 billion, with adjusted operating margin hitting 22.5%.Optical networking revenue grew over 45%, while direct cloud provider revenue jumped more than 80% y/y.Ciena targets 30% annual revenue growth through fiscal 2029, but component constraints may persist.
Ciena Corporation (CIEN - Free Report) is benefiting from strong demand for optical networking solutions as artificial intelligence (AI), expanding data centers and rising network traffic drive investments in connectivity infrastructure. The company delivered record financial results in the third quarter of fiscal 2026, with revenues rising 37% year over year to $1.67 billion. Adjusted gross margin increased 450 basis points to 46.4%, while adjusted operating margin reached a record 22.5%, more than doubling from the year-ago quarter. Cost management, favorable product mix and pricing discipline supported the improvement.
Ciena's expanding optical networking and data center connectivity businesses are strengthening its growth and profitability prospects. Revenue from combined optical networks, including interconnects, grew more than 45% year over year. Routing and Switching and Waveserver systems each recorded growth of more than 55%, while interconnect revenue more than doubled. Direct cloud provider revenue increased more than 80%. The growing contribution of these offerings is supporting profitability, while next-generation products such as Hyper-Rail are expected to provide additional margin benefits as deployments scale.
The company is also strengthening its supply chain to address rising component demand. The company has secured long-term agreements for critical components through 2029, including incremental capacity to support growing customer requirements. It is expanding its supplier base and exploring alternative technologies to improve supply resilience. Although component availability remains a constraint on order fulfillment, these investments should help Ciena increase output and capitalize on its substantial backlog. Management expects supply and demand constraints to persist into 2028.
Pricing actions provide another potential source of margin support. Ciena has made progress in customer discussions on price increases across product lines, alongside payment terms, delivery commitments and capacity requirements. These measures aim to align customer demand with available supply while supporting profitability.
Ciena's long-term targets reinforce management's confidence in sustained growth and margin expansion. Recently, the company outlined fiscal 2029 targets, including approximately 30% revenue compound annual growth from fiscal 2026 through fiscal 2029, adjusted gross margin of approximately 50%, adjusted operating margin of 32-35% and free cash flow margin of approximately 20%.
However, achieving these targets will depend on securing sufficient component supplies and managing the investments required to expand capacity. Overall, strong demand, favorable product mix, pricing discipline and supply chain investments position Ciena to pursue further margin gains despite ongoing component constraints.
Taking a Look at CIEN’s CompetitorsCorning Incorporated (GLW - Free Report) is expanding its solar manufacturing footprint, but execution risks remain as operations scale. Growing AI infrastructure exposure supports growth but increases dependence on a few large customers. U.S.-China trade restrictions, tariffs and supply-chain disruptions could pressure margins, production efficiency and demand. For the third quarter, Corning expects core sales of $4.9-$5 billion, up approximately 16% year over year, and core earnings of 85-89 cents per share, reflecting roughly 28% growth. Under its upgraded Springboard Plan, the company targets a $20 billion annualized sales run rate by year-end 2026, $30 billion by 2028 and $40 billion by 2030.
Nokia (NOK - Free Report) continues to benefit from its broad portfolio spanning mobile networks, optical transport, IP routing, fixed broadband, software and services. The company continues to execute its long-term strategy while balancing attractive growth opportunities against persistent industry risks. AI and cloud demand are emerging as key growth drivers, especially in Network Infrastructure, while strong licensing performance and disciplined capital allocation continue to support its long-term growth. For 2026, Nokia expects comparable operating profit in the range of €2.1-€2.6 billion, reflecting a technical revision from the previous range following the reclassification of two businesses as discontinued operations.
CIEN Price Performance, Valuation and EstimatesShares of CIEN have gained 40.7% in the past month compared with the Communications - Components industry’s surge of 25%.
Image Source: Zacks Investment Research
CIEN trades at a forward 12-month price-to-earnings (P/E) ratio of 44.27, above the industry’s 38.33.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for CIEN’s earnings for fiscal 2026 has been revised upward over the past 60 days.
Image Source: Zacks Investment Research
Ciena currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Analysts on Wall Street project that Commercial Metals (CMC - Free Report) will announce quarterly earnings of $1.97 per share in its forthcoming report, representing an increase of 43.8% year over year. Revenues are projected to reach $2.44 billion, increasing 15.6% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Commercial Metals metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Net sales to external customers- Construction Solutions Group' at $399.07 million. The estimate points to a change of +80% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Net sales from external customers- North America' of $1.75 billion. The estimate indicates a year-over-year change of +8.1%.
According to the collective judgment of analysts, 'Net sales from external customers- Europe' should come in at $290.98 million. The estimate suggests a change of +10.5% year over year.
Based on the collective assessment of analysts, 'Net sales from external customers- Corporate and Other' should arrive at $10.36 million. The estimate points to a change of -22.7% from the year-ago quarter.
Analysts expect 'North America - Average selling price (per ton) - Raw materials' to come in at $938.73 . Compared to the present estimate, the company reported $881.00 in the same quarter last year.
Analysts' assessment points toward 'Europe - Steel products metal margin per ton' reaching $340.83 . Compared to the current estimate, the company reported $317.00 in the same quarter of the previous year.
It is projected by analysts that the 'North America - Average selling price (per ton) - Downstream products' will reach $1267.40 . The estimate is in contrast to the year-ago figure of $1214.00 .
Analysts forecast 'North America - Average selling price (per ton) - Cost of raw materials per ton' to reach $709.81 . Compared to the current estimate, the company reported $649.00 in the same quarter of the previous year.
The consensus estimate for 'North America - Average selling price (per ton) - Cost of ferrous scrap utilized per ton' stands at $365.35 . Compared to the present estimate, the company reported $314.00 in the same quarter last year.
Analysts predict that the 'North America - Average selling price (per ton) - Steel products metal margin per ton' will reach $620.16 . The estimate is in contrast to the year-ago figure of $568.00 .
The consensus among analysts is that 'Europe - Steel products (External tons shipped)' will reach 398.42 thousand. Compared to the current estimate, the company reported 374.00 thousand in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Europe - Steel products - Rebar' will likely reach 125.58 thousand. The estimate is in contrast to the year-ago figure of 117.00 thousand.
View all Key Company Metrics for Commercial Metals here>>>
Commercial Metals shares have witnessed a change of -4.9% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), CMC is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Analytici očekávají, že společnost Alcoa ve čtvrtletí vykáže zisk na akcii ve výši 1,65 USD a tržby ve výši 3,61 mld. USD, což by představovalo meziroční růst o 20,7 %.
In its upcoming report, Alcoa (AA - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.65 per share, reflecting an increase of 8350% compared to the same period last year. Revenues are forecasted to be $3.61 billion, representing a year-over-year increase of 20.7%.
The consensus EPS estimate for the quarter has undergone an upward revision of 10.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Alcoa metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Total sales- Aluminum' at $3.08 billion. The estimate points to a change of +50.7% from the year-ago quarter.
Analysts forecast 'Total sales- Alumina' to reach $1.14 billion. The estimate indicates a change of -19.9% from the prior-year quarter.
According to the collective judgment of analysts, 'Third-party sales- Aluminum' should come in at $3.16 billion. The estimate indicates a year-over-year change of +55%.
The collective assessment of analysts points to an estimated 'Third-party sales- Alumina' of $599.38 million. The estimate indicates a year-over-year change of -28.7%.
The consensus estimate for 'Average realized third-party price per metric ton of alumina' stands at $345.67 . The estimate is in contrast to the year-ago figure of $377.00 .
It is projected by analysts that the 'Average realized third-party price per metric ton of aluminum' will reach $4649.36 . The estimate compares to the year-ago value of $3374.00 .
Analysts predict that the 'Average cost per metric ton of aluminum shipped' will reach $2475.13 . The estimate compares to the year-ago value of $2441.00 .
Analysts' assessment points toward 'Third-party alumina shipments in Tons' reaching 1768 thousands metric tons. Compared to the current estimate, the company reported 2205 thousands metric tons in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Alumina production in Tons' should arrive at 2444 thousands metric tons. The estimate compares to the year-ago value of 2453 thousands metric tons.
Analysts expect 'Aluminum production in Tons' to come in at 629 thousands metric tons. Compared to the present estimate, the company reported 579 thousands metric tons in the same quarter last year.
The consensus among analysts is that 'Bauxite production in Tons' will reach 9 millions of metric ton. The estimate is in contrast to the year-ago figure of 9 millions of metric ton.
The combined assessment of analysts suggests that 'Intersegment Alumina Shipments' will likely reach 1181 thousands metric tons. Compared to the current estimate, the company reported 1112 thousands metric tons in the same quarter of the previous year.
View all Key Company Metrics for Alcoa here>>>
Alcoa shares have witnessed a change of -12.6% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), AA is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Lamb Weston ve čtvrtletí vykázala tržby ve výši 1,67 mld. USD, což představuje meziroční nárůst o 0,7 %. Mezinárodní tržby klesly na 528,9 mil. USD a zaostaly za očekáváním o 3,58 %.
Have you looked into how Lamb Weston (LW - Free Report) performed internationally during the quarter ending August 2026? Considering the widespread global presence of this frozen foods supplier, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.
In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential.
Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.
Upon examining LW's recent quarterly performance, we noticed several interesting patterns in the revenue generated from its international segments, which are commonly analyzed and observed by Wall Street experts.
For the quarter, the company's total revenue amounted to $1.67 billion, experiencing an increase of 0.7% year over year. Next, we'll explore the breakdown of LW's international revenue to understand the importance of its overseas business operations.
A Dive into LW's International Revenue TrendsOf the total revenue, $1.14 billion came from North America during the last fiscal quarter, accounting for 68.3%. This represented a surprise of +3.51% as analysts had expected the region to contribute $1.1 billion to the total revenue. In comparison, the region contributed $1.21 billion, or 68.1%, and $1.08 billion, or 65.4%, to total revenue in the previous and year-ago quarters, respectively.
During the quarter, International contributed $528.9 million in revenue, making up 31.7% of the total revenue. When compared to the consensus estimate of $548.52 million, this meant a surprise of -3.58%. Looking back, International contributed $563.9 million, or 31.9%, in the previous quarter, and $574.7 million, or 34.6%, in the same quarter of the previous year.
International Revenue PredictionsFor the current fiscal quarter, it is anticipated by Wall Street analysts that Lamb Weston will post revenues of $1.63 billion, which reflects an increase of 1% the same quarter in the previous year. The revenue contributions are expected to be 67% from North America ($1.09 billion), and 33% from International ($539.04 million).
For the full year, the company is projected to achieve a total revenue of $6.56 billion, which signifies a fall of 0.8% from the last year. The share of this revenue from various regions is expected to be: North America at 67.4% ($4.42 billion), and International at 32.7% ($2.15 billion).
The Bottom LineLamb Weston's reliance on international markets for revenues offers both opportunities and risks. Hence, keeping an eye on its international revenue trends could significantly help forecast the company's prospects.
In a world where international interdependencies and geopolitical conflicts are ever-increasing, Wall Street analysts closely monitor these trends for companies having international presence to adjust their earnings forecasts. Of course, there are several other factors, including a company's standing within its home borders, that influence analysts' earnings forecasts.
At Zacks, we place significant importance on a company's evolving earnings outlook. This is based on empirical evidence demonstrating its strong influence on a stock's short-term price movements. Invariably, there exists a positive relationship -- an upward revision in earnings estimates is typically mirrored by a rise in the stock price.
The Zacks Rank, our proprietary stock rating mechanism, demonstrates a notable performance history confirmed through external audits. It effectively utilizes the power of earnings estimate revisions to act as a predictor of a stock's price performance in the near term.
Lamb Weston currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Assessing Lamb Weston's Stock Price Movement in Recent TimesOver the past month, the stock has seen no change in its value, whereas the Zacks S&P 500 composite has posted an increase of 2.4%. The Zacks Consumer Staples sector, Lamb Weston's industry group, has descended 0.7% over the identical span. In the past three months, there's been an increase of 2.3% in the company's stock price, against a rise of 3.9% in the S&P 500 index. The broader sector has declined by 0.7% during this interval.
O’Reilly Automotive těží z odkládání nákupu automobilů, které podporuje poptávku po opravách a náhradních dílech; spekulace o akvizici NAPA by mohly změnit konkurenční prostředí.
SummaryO’Reilly Automotive remains a Buy, supported by robust financials, resilient operations, and significant expansion potential in a fragmented, defensive market.ORLY’s defensive positioning benefits from delayed auto purchases, driving demand for repairs and parts even amid macro headwinds and industry downturns.Speculation around a transformative NAPA acquisition could reshape the competitive landscape, enhance international growth, and leverage ORLY’s supply chain and omnichannel strengths.Valuation is increasingly attractive when demanding a solid margin of safety; risks include rising competition, macroeconomic pressures, and increased leverage to fund buybacks. Edward Chaidez/iStock Editorial via Getty Images
Introduction O'Reilly Automotive, Inc. (ORLY) was rated a Buy the last time I covered it, highlighting its robust financials, resilient operations, and significant long-term expansion potential in a fragmented market alongside the significant international
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ORLY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Cadence Design Systems (CDNS - 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.
Over the past month, shares of this maker of hardware and software products for validating chip designs have returned +21.9%, compared to the Zacks S&P 500 composite's +2.4% change. During this period, the Zacks Computer - Software industry, which Cadence falls in, has gained 6.6%. 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.
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.
Cadence is expected to post earnings of $2.04 per share for the current quarter, representing a year-over-year change of +5.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.9%.
The consensus earnings estimate of $8.13 for the current fiscal year indicates a year-over-year change of +13.9%. This estimate has changed +0.2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $9.46 indicates a change of +16.3% from what Cadence is expected to report a year ago. Over the past month, the estimate has changed +0.5%.
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 #2 (Buy) for Cadence.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile 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.
In the case of Cadence, the consensus sales estimate of $1.61 billion for the current quarter points to a year-over-year change of +20.3%. The $6.32 billion and $7.15 billion estimates for the current and next fiscal years indicate changes of +19.3% and +13.2%, respectively.
Last Reported Results and Surprise HistoryCadence reported revenues of $1.58 billion in the last reported quarter, representing a year-over-year change of +24.2%. EPS of $2.11 for the same period compares with $1.65 a year ago.
Compared to the Zacks Consensus Estimate of $1.58 billion, the reported revenues represent a surprise of +0.52%. The EPS surprise was +2.93%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time 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.
Cadence is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
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 Cadence. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
Power Integrations a Ideal Power vyvíjejí polovodičový jistič pro 800V stejnosměrná datová centra AI. Prototyp kombinuje 1 700V InnoMux-2 s obousměrným spínačem B-TRAN®.
Collaboration addresses protection, control, and power conversion challenges in emerging 800 VDC AI Infrastructure
SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (NASDAQ: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, and Ideal Power Inc. (NASDAQ: IPWR), developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch, today announced a collaboration to deliver a solid-state circuit breaker (SSCB) solution providing fast, efficient, always-on protection that scales with the 800 VDC transition in AI data centers.
The companies will collaborate on a new architecture combining Power Integrations’ 1700 V InnoMux-2 power conversion ICs with Ideal Power’s B-TRAN® switches to deliver a self-powered, intelligent, ultra-fast SSCB. They have also demonstrated a working prototype and are working on a reference design.
Rising voltages and rack power levels in AI data centers create a need for innovative approaches to circuit protection. Mechanical circuit breakers are too slow to protect sensitive rack equipment, while existing electronic breakers introduce losses, reducing system efficiency. Further, electronic breakers must be powered from the 800 V bus. In the next generation intelligent SSCB architecture, the InnoMux-2 IC converts 800 V into isolated power for gate-drive, control electronics, sensing, and auxiliary circuitry. Ideal Power’s B-TRAN® switch uses that intelligence to protect the 800 V power path to the AI computing load. The InnoMux-2 IC features 1700 V PowiGaN technology, which can operate from an 800 VDC bus with significant margin. The IC provides multiple independently regulated outputs instead of a conventional architecture with one isolated PSU followed by multiple DC-DC converters. The result is a highly efficient, self-powered protection solution that eliminates the need for an external auxiliary supply while enabling ultra-fast fault isolation.
“As AI data centers move toward 800 VDC power architectures, the industry must address new challenges in power conversion, control, and protection at the system level,” said Chris Jacobs, senior vice president of marketing and product strategy at Power Integrations. “By combining Power Integrations' 1700 V InnoMux-2 IC with Ideal Power's innovative bidirectional solid-state circuit protection, we are helping enable intelligent 800 VDC power architectures that improve efficiency, resiliency, and scalability in next-generation AI data centers.”
“High efficiency, ultra-fast fault interruption is essential for enabling the migration to 800 VDC AI data centers and energy infrastructure. Traditional protection methods are proving to be inadequate. Mechanical breakers are too slow, while previous semiconductor-based breakers have historically been disqualified by high power loss,” said David Somo, CEO of Ideal Power. “Power Integrations offers a unique combination of 1700 V GaN capability, multiple independently regulated outputs, high integration, and a compact solution footprint that is well suited to our 800 VDC solid-state circuit breaker architecture, which must meet demanding power efficiency requirements and strict mechanical constraints.”
Resources
For further information on Power Integrations, please visit the resource page on the web site.
About Power Integrations
Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission, conversion and consumption of power in applications ranging from milliwatts to megawatts in applications such as AI data centers, EVs and high-voltage direct current infrastructure. For more information, please visit www.power.com.
About Ideal Power Inc.
Ideal Power (Nasdaq: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today’s solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control, and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units, and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure. For more information, visit the Company’s website at www.IdealPower.com, on LinkedIn, on Twitter, and on Facebook.
Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance and are sometimes accompanied by words such as “believe,” “continue,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “predict,” “plan,” “may,” “should,” “will,” “would,” “potential,” “seem,” “seek,” “outlook,” and similar expressions that concern the Company’s expectations, strategy, priorities, plans, or intentions, predict or indicate future events or trends, or that are not statements of historical matters. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements about the collaboration between Power Integrations and Ideal Power, the market need for the new architecture resulting from the collaboration, and the benefits to customers of this new architecture, among others. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are very difficult or impossible to predict and will differ from the assumptions. Many actual events and circumstances are beyond the control of the Company. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risk and uncertainties that could cause actual results to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risks that the collaboration may not be able to address protection, control, and power conversion to the extent or in the time frame anticipated, or at all; (ii) the risks that the collaboration may not deliver a solid-state circuit breaker (SSCB) solution that provides, fast, efficient, nor always-on protection that scales with the 800 VDC transition in AI data centers to the extent or in the time frame anticipated, or at all; (iii) the risks that the collaboration may not result in a new architecture combining Power Integrations’ 1700 V InnoMux-2 power conversion ICs with Ideal Power’s B-TRAN® switch to deliver a self-powered, intelligent, ultra-fast SSCB to the extent or in the time frame anticipated, or at all; (iv) the risks that existing solutions, such as mechanical circuit breakers and electronic breakers, may improve their performance such that they can adequately protect sensitive rack equipment with sufficiently increased efficiency; (v) the risks that electronic circuit breakers may not need to be powered from the 800 V bus to the extent anticipated, or at all; (vi) the risks that the highly efficient, self-powered protection solution may not eliminate the need for an external auxiliary supply while enabling ultra-fast fault isolation to the extent or in the time frame anticipated, or at all; (vii) the risks that AI data centers may not move toward 800 VDC power architectures nor create new challenges in power conversion, control, and protection at the system level to the extent or in the time frame anticipated, or at all; (viii) the risks that the combination of Power Integrations’ 1700 V InnoMux-2 IC with Ideal Power’s innovative bidirectional solid-state circuit protection may not help in enabling intelligent 800 VDC power architectures that improve efficiency, resiliency, and scalability in next generation AI data centers to the extent or in the time frame anticipated, or at all; (ix) the risk that high efficiency, ultra-fast fault interruption may not be essential for enabling the migration to 800 VDC AI data centers and energy efficiency to the extent or in the time frame anticipated, or at all; (x) the risks that Power Integrations unique combination of 1700 V GaN capability, multiple independently regulated outputs, high integration, and a compact solution footprint may not meet the demanding power efficiency requirements nor strict mechanical constraints to the extent nor time frame anticipated, or at all; (xi) the Company’s ability to forecast its performance; (xii) changes in trade policies, in particular the escalation and imposition of new and higher tariffs, which could reduce demand for end products that incorporate the Company’s integrated circuits and/or place pressure on the Company’s prices as the Company’s customers seek to offset the impact of increased tariffs on their own products; (xiii) the Company’s ability to supply products and its ability to conduct other aspects of its business, such as competing for new design wins; (xiv) changes in global economic and geopolitical conditions, including such factors as inflation, armed conflicts, and trade negotiations, which may impact the level of demand for the Company’s products; (xv) potential changes and shifts in customer demand away from end products that utilize the Company’s integrated circuits to end products that do not incorporate the Company’s products; (xvi) the effects of competition, which may cause the Company’s revenue to decrease or cause the Company to decrease its selling prices for its products; (xvii) unforeseen costs and expenses; unfavorable fluctuations in component costs or operating expenses resulting from changes in commodity prices and/or exchange rates; and (xviii) product development delays and defects and market acceptance of the new products. These risks and uncertainties may be amplified by current or future global conflicts and current and potential trade restrictions, trade tensions, and tariffs, all of which continue to cause economic uncertainty. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q that the Company filed with the U.S. Securities and Exchange Commission, or the SEC, and other documents filed by us or that will be filed by us from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements in this press release are based only on information currently available to the Company and speak only as of the date they are made.
Investors are cautioned not to put undue reliance on forward-looking statements, and the Company disclaims any obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. The Company gives no assurance that the Company will achieve any of its expectations.
Power Integrations, the Power Integrations logo and PowiGaN, are trademarks, service marks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owners.
Analytici očekávají, že ManpowerGroup ve čtvrtletí vykáže zisk na akcii ve výši 1,01 USD, což představuje meziroční nárůst o 21,7 %, při tržbách 4,91 miliardy USD (+5,9 %).
In its upcoming report, ManpowerGroup (MAN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.01 per share, reflecting an increase of 21.7% compared to the same period last year. Revenues are forecasted to be $4.91 billion, representing a year-over-year increase of 5.9%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Manpower metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Revenues from Services- Americas' should come in at $1.21 billion. The estimate suggests a change of +10.3% year over year.
The consensus estimate for 'Revenues from Services- APME' stands at $521.79 million. The estimate indicates a year-over-year change of +0.3%.
Analysts forecast 'Revenues from Services- Southern Europe' to reach $2.27 billion. The estimate points to a change of +3.1% from the year-ago quarter.
Analysts predict that the 'Revenues from Services- Northern Europe' will reach $876.01 million. The estimate indicates a change of +7.3% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues from Services- Southern Europe- Other Southern Europe' will likely reach $614.43 million. The estimate indicates a year-over-year change of +7.9%.
Analysts expect 'Revenues from Services- Southern Europe- France' to come in at $1.18 billion. The estimate points to a change of +0.8% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues from Services- Americas- United States' of $723.53 million. The estimate suggests a change of +4.7% year over year.
Based on the collective assessment of analysts, 'Revenues from Services- Americas- Other Americas' should arrive at $488.69 million. The estimate indicates a change of +19.8% from the prior-year quarter.
The consensus among analysts is that 'Revenues from Services- Southern Europe- Italy' will reach $489.86 million. The estimate points to a change of +5.9% from the year-ago quarter.
Analysts' assessment points toward 'Operating Unit Profit- Americas' reaching $47.47 million. The estimate is in contrast to the year-ago figure of $37.90 million.
It is projected by analysts that the 'Operating Unit Profit- APME' will reach $24.64 million. The estimate is in contrast to the year-ago figure of $26.80 million.
The average prediction of analysts places 'Operating Unit Profit- Southern Europe' at $74.46 million. Compared to the present estimate, the company reported $65.60 million in the same quarter last year.
View all Key Company Metrics for Manpower here>>>
Manpower shares have witnessed a change of -6.5% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), MAN is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
