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2026-06-26 14:41 1mo ago
2026-06-26 10:09 1mo ago
Prediction: SanDisk Has Rallied Too Far, Too Fast. The Price Target Warns of 20%+ Downside
TGT Target
FMP Stock News
Original source text
© Atichat Wattanasin Stone / Shutterstock.com

SanDisk (NASDAQ:SNDK | SNDK Price Prediction) has gone vertical. Shares have rallied 4,841.8% over the past year on an AI memory supercycle. Our 24/7 Wall St. price target for SanDisk is $1,704.60, implying meaningful downside from current levels even after the company’s transformation into a structurally more profitable business.

24/7 Wall St. Price Target Summary Metric Value Current Price $2,335.00 24/7 Wall St. Price Target $1,704.60 Upside/Downside -27.0% Recommendation SELL Confidence Level 90% Our recommendation is sell with 90% model confidence. SanDisk’s operating results are excellent, but the stock trades well above where consensus analyst work and our proprietary multiples justify.

Why We Could Be Wrong SanDisk is one of the most divisive stocks in the market. Real upside could come from sustained $42B in multi-year contracted supply deals, a memory shortage analysts expect to persist through 2028, or continued hyperscaler ramp. Citigroup just lifted its target to $2,500. Treat our target as one datapoint among many.

From $41 to $2,335 in Ten Months SanDisk is up 883.65% year to date and 46.9% in the past month, sitting 26% below a 52-week high of $2,354.39.

The Q3 FY26 report on April 30, 2026 was the catalyst: EPS of $23.41 against $14.66 consensus, revenue of $5.95 billion (251% YoY), and gross margin expansion to 78.4% from 22.5% a year earlier. Datacenter revenue jumped 645% YoY to $1.467 billion. Management retired $650 million in debt and now operates with zero long-term debt.

Why Bulls See a Breakout Ahead The bull case rests on SanDisk’s transformation. CEO David Goeckeler called Q3 a “fundamental inflection point” driven by a new business model of multi-year customer engagements backed by firm financial commitments. Q4 FY26 guidance points to revenue of $7.75B to $8.25B and non-GAAP EPS of $30 to $33.

Citigroup at $2,500, Mizuho at $2,200, and Street targets at $3,250 argue SanDisk can compound from here. The 247Factor bull case puts shares at $2,428.88 in twelve months if contracted revenue holds and AI memory tightness persists into 2028.

The Risks Worth Watching SanDisk is a pure-play NAND name dependent on the Kioxia joint venture and a small set of hyperscalers. Memory has historically cycled hard. Monthly RSI of 99.14 screams overbought, and Morgan Stanley has flagged valuation.

Chief Legal Officer Bernard Shek sold $1.04M in stock on June 6, 2026. Bulls counter that the contracted NBM book and zero-debt balance sheet structurally dampen past cyclicality. Our bear case lands at $1,204.05, a 48.43% drawdown.

The Risk Isn’t Worth the Reward Here Verdict: Sell, with our 24/7 Wall St. price target at $1,704.60 and 90% confidence. Even applying a generous 75x forward multiple, the math does not stretch to today’s price.

The bull thesis strengthens if SanDisk locks in another wave of NBM contracts extending earnings power into FY28. The bear thesis strengthens if NAND spot pricing softens or a hyperscaler pushes back on commitments. After a 4,841.8% year, the risk/reward at current levels looks unfavorable on our model.

Here is where our model projects SanDisk could trade, assuming current trajectories and memory market conditions hold.

Year 24/7 Wall St. Price Target 2026 $1,704.60 2027 $1,620.00 2028 $1,540.00 2029 $1,450.00 2030 $1,352.53 These projections assume SanDisk continues executing on its NBM contract strategy. Significant upside or downside could result from a longer-than-expected memory shortage or cyclical NAND pricing pressure resurfacing late in the decade.
2026-06-26 14:40 1mo ago
2026-06-26 06:00 1mo ago
MemeCore Price Prediction: Top Memecoin Platform Collapses As New AI Meme Ecosystem Takes Over Meme Space
MEME Memecoin
CoinGecko News
Original source text
The MemeCore price prediction outlook has changed dramatically over the past few weeks. Once viewed as one of the most visible projects in the meme sector, MemeCore suffered a devastating collapse that erased more than $3 billion in market value and forced analysts to completely reassess future expectations.

At the same time, a different trend is emerging. Investors who previously focused on traditional memecoins are increasingly exploring AI-powered memecoins that combine community engagement with practical utility.

This shift is reshaping the meme space and creating new opportunities for projects built around participation rather than speculation alone.

MemeCore Price Prediction Turns Defensive After Historic Collapse The latest MemeCore price prediction models are far less optimistic than earlier forecasts.

Following the token’s 84% crash, analysts have lowered expectations significantly. Most short-term projections now place MemeCore inside a consolidation range between $0.50 and $0.69 as the market attempts to establish a new baseline. While this range suggests the possibility of stabilization, it also reflects the uncertainty surrounding the project’s future.

The challenge facing MemeCore is not simply price recovery.

The collapse damaged investor confidence and exposed structural weaknesses that existed long before the selloff began. Recovering from that kind of reputational damage is often more difficult than recovering from a temporary market correction.

For this reason, many analysts believe the next phase for MemeCore will focus on rebuilding trust rather than chasing aggressive upside targets.

Why MemeCore’s Supply Structure Remains a Concern A major reason the MemeCore price prediction remains cautious is token concentration.

Blockchain data shows that the four largest wallets control more than 67% of the circulating supply. Such concentration creates a difficult environment for sustainable price appreciation because large holders have the ability to introduce significant selling pressure at any time.

This concern becomes even more important when combined with the recent collapse.

Many early holders remain deeply underwater. If prices recover modestly, some investors may view rallies as opportunities to exit positions rather than continue holding. That dynamic could limit the strength of future recoveries.

Without meaningful structural changes such as lockups, supply reductions, or improved distribution, analysts believe every relief rally may face substantial resistance.

The Meme Sector Is Changing The broader meme market is evolving beyond simple speculation.

For years, success depended largely on community enthusiasm and viral attention. While those factors still matter, investors increasingly want additional utility and participation mechanisms.

This shift is creating space for new types of projects.

Rather than relying solely on meme culture, emerging ecosystems are blending social engagement with artificial intelligence, prediction markets, automated tools, and reward systems. These features create recurring activity that extends beyond token trading.

As a result, capital is gradually rotating toward projects that can generate ongoing ecosystem participation.

How MemeToro Is Positioning Itself Differently One project benefiting from this transition is MemeToro ($MT).

Instead of operating as a traditional memecoin, MemeToro functions as a SocialFi ecosystem built around behavioral finance and AI-powered participation. The platform is designed to keep users engaged through multiple products rather than relying on a single narrative.

Its ecosystem includes AI-assisted memecoin creation, decentralized prediction markets, staking infrastructure, and Web3 entertainment features. Each component contributes to broader platform activity while creating utility for the native $MT token.

This multi-product approach stands in sharp contrast to many legacy meme projects that depend almost entirely on speculative demand.

Inside the MemeToro Utility Platform MemeToro’s presale architecture focuses on continuous participation. Users can create memecoins through an automated deployment system, allowing communities to launch assets without technical barriers. The ecosystem also includes prediction markets where participants can use $MT and BNB to forecast outcomes across crypto, sports, entertainment, and current events.

The platform further supports long-term engagement through staking rewards of up to 35% APR.

Alongside these products, the project’s roadmap includes automated sentiment tracking systems and plans for a dedicated blockchain designed to support the broader ecosystem. These initiatives aim to create utility that extends beyond meme culture alone.

Technical Specifications: $MT Distribution & Staking Metrics Review the formal allocation architecture, audit verification data, and release timelines designed for the sustainable expansion of the MemeToro ecosystem. The verified contract address is 0x44412181b….a8cfff.

The distribution framework splits the 1.2 billion total supply into clear structural pools. The public sale accounts for 71% of the tokens.

The remaining supply is divided into centralized exchange reserves at 10%, marketing partners at 7.56%, platform trading liquidity at 5%, network rewards at 4.44%, and the core team allocation at 2%.

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
2026-06-26 14:40 1mo ago
2026-06-26 14:00 1mo ago
3 Crypto Coins Under the Radar in June 2026: $MT, RAIN, and LMTS Before the Next Memecoin Supercycle Hits
MEME Memecoin
CoinGecko News
Original source text
Crypto investors are constantly searching for projects before they become mainstream. During previous market cycles, many of the biggest gains came from assets that spent months quietly building before attracting widespread attention.

As discussions around a potential memecoin supercycle continue, investors are once again looking for under-the-radar opportunities. While market sentiment remains cautious and fear levels across crypto stay elevated, several projects continue attracting steady interest because of their positioning around prediction markets, artificial intelligence, and community participation.

Among the names appearing more frequently on investor watchlists are MemeToro ($MT), Rain (RAIN), and Limitless (LMTS). Although each project targets a different segment of the market, all three are attempting to build momentum ahead of what many traders hope will be a stronger second half of 2026.

Rain Is Quietly Becoming a Prediction Market Leader Rain may no longer qualify as a hidden project, but it remains significantly underappreciated compared to many larger crypto assets.

The prediction market protocol has been one of the strongest performers during a difficult period for altcoins. Over the past week, Rain climbed nearly 9% while many competing assets struggled to generate positive momentum.

The reason investors continue monitoring Rain is straightforward.

The platform’s total value locked has surpassed $142 million, reflecting growing confidence in its infrastructure and increasing usage across its ecosystem. At the same time, more than 143 million RAIN tokens have been removed from circulation through token burns.

Those developments have helped strengthen the project’s fundamentals.

Rain is also benefiting from growing adoption among AI-powered forecasting systems. As artificial intelligence becomes more involved in prediction markets, the demand for reliable forecasting infrastructure continues expanding.

Current projection models continue targeting the $0.02 level in the months ahead if present growth trends remain intact.

Limitless Offers Early-Stage Exposure Limitless occupies a very different position.

Unlike Rain, the project remains a micro-cap asset navigating a difficult market environment. Trading activity has slowed considerably as capital rotates toward larger sectors, creating what analysts describe as a period of stalled price discovery.

This has resulted in extended consolidation.

The token continues moving sideways while investors wait for meaningful ecosystem developments capable of driving renewed interest. Current forecasts suggest that Limitless may remain range-bound until a major catalyst emerges.

That uncertainty creates risk.

However, it is also one reason some investors continue monitoring the project closely. Early-stage assets often remain overlooked until a significant development changes market perception.

For traders seeking exposure before broader attention arrives, Limitless remains a speculative option worth watching.

Why MemeToro Is Emerging Before the Next Memecoin Supercycle MemeToro sits at the intersection of several active crypto narratives.

The project combines artificial intelligence, SocialFi participation, prediction markets, and community-driven asset creation into a single ecosystem. This positioning allows it to benefit from interest in both AI and meme-related sectors.

That combination has become increasingly important.

The original memecoin supercycle was largely driven by community enthusiasm and viral momentum. Today’s market is evolving toward ecosystems that provide utility alongside social engagement.

MemeToro was built specifically around that concept.

Rather than functioning as a standalone meme token, it aims to create ongoing ecosystem participation through multiple interconnected products.

Inside the MemeToro Ecosystem: Memecoin Creation, Staking & More The platform’s AI infrastructure continuously monitors social conversations, market narratives, cultural developments, and emerging online trends.

These insights help power an automated memecoin creation system that allows users to launch tokens without coding expertise. The process lowers technical barriers and expands participation opportunities for broader communities.

The ecosystem extends well beyond token creation.

Users can participate in decentralized prediction markets using both $MT and BNB while forecasting outcomes across crypto, sports, entertainment, and global events. The platform also offers staking rewards of up to 35% APR, creating additional incentives for long-term engagement.

Together, these features create a broader participation model than many traditional meme projects.

MemeToro Is Raising Fast and Stage 2 Is Almost Gone MemeToro’s Stage 2 presale is 92.82% complete. The round has raised $72,955.51 out of a $78,590.46 target. When Stage 2 closes, the price moves from $0.00139 to $0.00154 per $MT token.

That price jump is coming soon. Buyers who get in before Stage 2 fills lock in the lower price automatically.

MemeToro runs on the BNB Chain and combines four features in one place. An AI agent creates memecoins from live trending data. Prediction markets let you bet on real-world events. A crypto casino uses $MT tokens directly. High-yield staking pays up to 35% APR.

The $MT token powers everything. There are only 1.2 billion tokens total, and 71% go to presale buyers with no vesting locks.

You can buy with a card, ETH, BNB, USDT, or USDC right now at memetoro.com.

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
2026-06-26 14:40 1mo ago
2026-06-26 10:31 1mo ago
Wall Street Analysts Think GE (GE) Is a Good Investment: Is It?
GE General Electric
FMP Stock News
Original source text
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?

Let's take a look at what these Wall Street heavyweights have to say about GE Aerospace (GE - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

GE currently has an average brokerage recommendation (ABR) of 1.45, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 22 brokerage firms. An ABR of 1.45 approximates between Strong Buy and Buy.

Of the 22 recommendations that derive the current ABR, 17 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 77.3% and 9.1% of all recommendations.

Brokerage Recommendation Trends for GE

Check price target & stock forecast for GE here>>>

The ABR suggests buying GE, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is GE Worth Investing In?In terms of earnings estimate revisions for GE, the Zacks Consensus Estimate for the current year has increased 0.1% over the past month to $7.48.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for GE. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for GE may serve as a useful guide for investors.
2026-06-26 14:40 1mo ago
2026-06-26 09:00 1mo ago
Verizon to report earnings July 24, 2026
VZ Verizon
FMP Stock News
Original source text
June 26, 2026 09:00 ET  | Source: Verizon Communications, Inc.

NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report second-quarter 2026 earnings on Friday, July 24, 2026.

The company will present results on a webcast beginning at 8:30 a.m. ET. Access instructions and second-quarter 2026 materials, including Verizon’s press release and financial tables, will be available at 7:00 a.m. ET on Verizon’s Investor Relations website, https://www.verizon.com/about/investors.

This announcement was originally published by Verizon. Read the original press release.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $138.2 billion in 2025. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/about/news. For images and logos, visit verizon.com/about/news/media-resources. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact: 
Jamie Serino
[email protected]
2026-06-26 14:39 1mo ago
2026-06-26 10:01 1mo ago
PayPal Holdings, Inc. (PYPL) is Attracting Investor Attention: Here is What You Should Know
PYPL PayPal
FMP Stock News
Original source text
Paypal (PYPL - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this technology platform and digital payments company have returned -4.7%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Financial Transaction Services industry, which Paypal falls in, has lost 1.5%. 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.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

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

Paypal is expected to post earnings of $1.28 per share for the current quarter, representing a year-over-year change of -8.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $5.3 points to a change of -0.2% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $5.78 indicates a change of +9.1% from what Paypal is expected to report a year ago. Over the past month, the estimate has remained unchanged.

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 Paypal.

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 Paypal, the consensus sales estimate for the current quarter of $8.5 billion indicates a year-over-year change of +2.6%. For the current and next fiscal years, $34.26 billion and $35.71 billion estimates indicate +3.3% and +4.2% changes, respectively.

Last Reported Results and Surprise HistoryPaypal reported revenues of $8.35 billion in the last reported quarter, representing a year-over-year change of +7.2%. EPS of $1.34 for the same period compares with $1.33 a year ago.

Compared to the Zacks Consensus Estimate of $8.11 billion, the reported revenues represent a surprise of +2.96%. The EPS surprise was +5.51%.

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

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

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

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

Paypal is graded A on this front, indicating that it is trading at a discount 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 Paypal. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:39 1mo ago
2026-06-26 09:44 1mo ago
The Market Still Misunderstands Qualcomm
QCOM Qualcomm
FMP Stock News
Original source text
Qualcomm doubled its 2029 non-handset revenue target to over $40 billion, accelerating its transformation into an AI infrastructure platform. Dragonfly CPUs, AI accelerators, and modular software position Qualcomm to compete across the entire AI computing stack. Automotive revenue reached a record $1.33 billion, while a $65 billion pipeline provides exceptional long-term revenue visibility.
2026-06-26 14:39 1mo ago
2026-06-26 10:01 1mo ago
Investors Heavily Search Intel Corporation (INTC): Here is What You Need to Know
INTC Intel
FMP Stock News
Original source text
Intel (INTC - 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 world's largest chipmaker have returned +9.9%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Semiconductor - General industry, which Intel falls in, has lost 6.5%. The key question now is: What could be the stock's future direction?

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

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

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

Intel is expected to post earnings of $0.21 per share for the current quarter, representing a year-over-year change of +310%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

The consensus earnings estimate of $1.06 for the current fiscal year indicates a year-over-year change of +152.4%. This estimate has changed +0.1% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $1.45 indicates a change of +36.8% from what Intel is expected to report a year ago. Over the past month, the estimate has changed +0.6%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Intel is rated Zacks Rank #1 (Strong Buy).

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

12 Month EPS

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

In the case of Intel, the consensus sales estimate of $14.39 billion for the current quarter points to a year-over-year change of +11.9%. The $58.07 billion and $63.73 billion estimates for the current and next fiscal years indicate changes of +9.9% and +9.7%, respectively.

Last Reported Results and Surprise HistoryIntel reported revenues of $13.58 billion in the last reported quarter, representing a year-over-year change of +7.2%. EPS of $0.29 for the same period compares with $0.13 a year ago.

Compared to the Zacks Consensus Estimate of $12.33 billion, the reported revenues represent a surprise of +10.09%. The EPS surprise was +2800%.

Over the last four quarters, Intel surpassed consensus EPS estimates three times. 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.

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

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.

Intel 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 Intel. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term.
2026-06-26 14:39 1mo ago
2026-06-26 10:16 1mo ago
ON Semiconductor Tumbles 20%: Is It Dragging Down Semiconductor Names Like AMD and Intel?
INTC Intel
FMP Stock News
Original source text
© gorodenkoff / Getty Images

Shares of ON Semiconductor (NASDAQ:ON | ON Price Prediction) are down 20% in early Friday trading, sliding to $95 after the chipmaker unveiled an all-stock acquisition of Synaptics (NASDAQ:SYNA). The drop erases a meaningful slice of ON stock’s recent rally.

ON Semiconductor stock entered the session up 119% year to date (YTD), so today’s air pocket lands on a name that had been running hot. With 388.8 million shares outstanding, the percentage move translates into billions in market cap wiped out at the open.

The natural question across the sector: is ON stock dragging down peers like Advanced Micro Devices (NASDAQ:AMD) and Intel (NASDAQ:INTC)? The early read is that the chip-wide pullback is happening for separate reasons.

Synaptics Deal Sparks the Selloff ON unveiled a definitive agreement to buy Synaptics in an all-stock transaction valued at approximately $7 billion on an enterprise-value basis. Synaptics holders will receive 1.35 shares of ON common stock for each SYNA share, leaving them with 12% of the combined company. The transaction is targeted to close in mid-2027.

Management’s pitch centers on Physical AI, with the deal expected to expand ON’s total addressable market by $30 billion across robotics, drones, and autonomous vehicles. Synaptics brings a Core IoT business that grew 31% year over year (YoY) last quarter and is on track for fiscal 2026 revenue above $385 million in that segment.

Investors are reacting to the dilution math and added complexity. Analyst reaction has split, with some lifting price targets on synergy potential and a larger addressable market, while others have downgraded ON stock citing integration risk and execution overhang into 2027. The investor community is debating the valuation following the share-price volatility.

Are AMD and Intel Caught in the Drag? Advanced Micro Devices stock is off 2% Friday morning, trading near $521. That’s a far softer move than ON’s tumble and tracks closer to a broader wave of profit-taking in richly valued AI names.

The AMD selloff looks tied to sector-wide dynamics rather than the Synaptics announcement. Memory-chip weakness earlier this week, a hotter inflation print, and traders rotating into bear semiconductor ETFs all weighed on chip exposure before ON’s deal hit the wire. Micron Technology (NASDAQ:MU) stock fell 13% on a South Korean regulatory warning tied to leveraged memory ETFs, an event with no connection to ON Semiconductor.

Intel stock also isn’t suggesting an ON-driven decline, as it’s only down 2% to $130 and change. Furthermore, INTC shares are still up 246% YTD on momentum tied to sovereign AI positioning and a domestic-manufacturing partnership with Apple (NASDAQ:AAPL). Intel’s trajectory has been driven by company-specific catalysts tied to sovereign AI positioning and a domestic-manufacturing partnership.

Synaptics stock, the deal’s target, is trading up slightly to $126, reflecting the 19% premium embedded in the exchange ratio. A shareholder fiduciary-duty investigation by Ademi LLP has surfaced, though the broader market read is that the deal pricing is being received as fair.

What Investors Can Watch The near-term tape for ON stock hinges on whether sell-side analysts coalesce around the strategic case or pile on with downgrades. The 19% drawdown largely unwinds the stock’s recent gains and reframes the bull narrative around execution rather than momentum.

The VIX Volatility Index sits at 18.89, within its normal range, which suggests the chip pullback reflects sector positioning rather than systemic stress. ON Semiconductor’s next earnings report is scheduled for August 3, which can serve as the next major catalyst for management to defend the deal’s math.

Investors can watch for whether ON stock stabilizes near current levels into the close. The wider tape, including AMD and Intel, looks to be moving on its own macro and profit-taking dynamics.
2026-06-26 14:38 1mo ago
2026-06-26 10:01 1mo ago
Pfizer Inc. (PFE) Is a Trending Stock: Facts to Know Before Betting on It
PFE Pfizer
FMP Stock News
Original source text
Pfizer (PFE - 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 drugmaker have returned -9.5%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Large Cap Pharmaceuticals industry, which Pfizer falls in, has gained 4.7%. 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.

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.

Pfizer is expected to post earnings of $0.68 per share for the current quarter, representing a year-over-year change of -12.8%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $2.99 points to a change of -7.1% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $2.86 indicates a change of -4.3% from what Pfizer is expected to report a year ago. Over the past month, the estimate has remained unchanged.

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 Pfizer.

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

12 Month EPS

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

For Pfizer, the consensus sales estimate for the current quarter of $14.4 billion indicates a year-over-year change of -1.7%. For the current and next fiscal years, $61.64 billion and $59.75 billion estimates indicate -1.5% and -3.1% changes, respectively.

Last Reported Results and Surprise HistoryPfizer reported revenues of $14.45 billion in the last reported quarter, representing a year-over-year change of +5.4%. EPS of $0.75 for the same period compares with $0.92 a year ago.

Compared to the Zacks Consensus Estimate of $13.82 billion, the reported revenues represent a surprise of +4.56%. The EPS surprise was +5.63%.

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.

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.

Pfizer is graded A on this front, indicating that it is trading at a discount 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 Pfizer. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:38 1mo ago
2026-06-26 08:00 1mo ago
3 REITs Built to Thrive During Inflationary Markets
WPC W.P. Carey
FMP Stock News
Original source text
Inflation has surged this year due to the Strait of Hormuz closure, which has disrupted global trade. The Consumer Price Index (CPI) rose 4.2% over the last 12 months through May. That's up from a 2.4% annualized rate in January and its highest level in three years. A 23.5% boost in energy costs fueled the resurgence.

While inflation is bad for consumers, it can be a boon for some real estate investment trusts (REITs). Here are three built to thrive during inflationary markets.

Image source: Getty Images.

Gladstone Land Gladstone Land (LAND +0.88%) focuses on investing in farmland and farm-related properties. The farmland REIT owns 144 farms totaling 99,000 acres across 14 states, as well as more than 55,000 acre-feet of water assets in California. It leases its farms to high-quality tenant farmers, primarily under triple-net (NNN) leases, in which the tenant farmers pay for routine maintenance, property insurance, and real estate taxes. The long-term leases typically feature annual rate escalators, upward market resets, and participation rent features (a percentage of the farm's revenues). Its leases insulate the REIT from inflationary cost pressures while providing it with inflation-driven rent growth.

The REIT primarily invests in farms that grow fresh produce (fruits and vegetables). Since 1980, fresh produce prices have increased 386%, 1.3 times the increase in the overall CPI rate during that period. That higher inflation rate should benefit Gladstone, as it should earn higher participation rents from these farms, which should also appreciate faster than other farms.

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Gladstone Land's farm leases support its steadily rising monthly dividend. The REIT has increased its dividend, which currently yields nearly 6.5%, by 35 times over the past 45 quarters, for a total increase of 55.7%. Its goal is to grow its payout consistent with long-term inflation trends, providing investors with an inflation-protected income stream.

Vici Properties Vici Properties (VICI +1.05%) focuses on investing in experiential real estate, including gaming, hospitality, wellness, entertainment, and leisure destinations. It owns 101 properties across the U.S. and Canada, including 61 gaming properties and 40 other experiential properties. The REIT also invests in loans secured by experiential properties.

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The company leases its owned real estate under long-term NNN leases with high-quality operating tenants. Its portfolio currently has a nearly 40-year weighted average remaining lease term. Those leases increasingly protect Vici's rent from inflation, with 45% of its rent coming from CPI-linked leases this year, rising to 87% by 2035.

Vici's increasingly inflation-linked leases provide it with steadily rising cash flow to support its growing dividend (current yield of more than 6.5%). It has grown its dividend at a 7% compound annual rate over its eight years as a public company, well ahead of the 2.4% average of other REITs focused on NNN real estate.

W.P. Carey W.P. Carey (WPC +0.95%) owns a well-diversified portfolio of operationally critical real estate. It owns over 1,700 industrial, warehouse, retail, and other properties across North America and Europe secured by long-term NNN leases with built-in rent escalations.

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About 49% of its rent comes from leases with CPI-linked escalators. That high concentration of inflation-protected leases has enabled W.P. Carey to deliver best-in-class same-store rental growth rates in recent years (between 2.3% and 4.3%).

That steadily rising cash flow provides a solid foundation for the REIT's dividend yield of more than 5%. W.P. Carey has raised its payout every quarter since resetting it in late 2023, following its strategic decision to exit the office sector. The REIT has increased its dividend by 4.5% over the past year and should continue delivering mid-single-digit dividend growth as it expands its portfolio of inflation-linked properties.

Built to capitalize on inflation Gladstone Land, Vici Properties, and W.P. Carey receive a meaningful share of their rent from leases with rent escalators tied to inflation. That positions them to thrive when inflation is on the rise, as they'll deliver higher rental growth rates to support their rising dividends. Given the recent inflation uptick, these REITs are good buys right now for those seeking to position their portfolios to thrive in the current environment.
2026-06-26 14:38 1mo ago
2026-06-26 09:58 1mo ago
Why Uncle Sam's Multi-Billion Dollar Quantum Influx Makes One of These Tech Giants an Unconditional Buy
IBM IBM
FMP Stock News
Original source text
© Andrew Angelov / Shutterstock.com

Washington is pouring real money into quantum, and the Q1 2026 reports from IonQ (NYSE:IONQ | IONQ Price Prediction) and IBM (NYSE:IBM) show why that matters. IonQ posted $64.67 million in revenue, up 755% year over year. IBM delivered $15.92 billion, up 9.46%. Same tailwind, two completely different financial realities.

Hypergrowth on Borrowed Time vs. Cash Machine on Cruise Control IonQ’s quarter looks dazzling on the top line. CEO Niccolo de Masi called it “the biggest quarter in our company’s history” and raised full-year guidance to $260 million to $270 million. Wins include the first 256-qubit sale to the University of Cambridge, DARPA’s HARQ selection, a $39 million Space Development Agency HALO contract, and an MDA SHIELD slot. Underneath, the burn is real: an adjusted EBITDA loss of $96.75 million, operating cash flow of negative $151 million, and $128.52 million in stock-based comp diluting holders.

IBM’s quarter looked nothing like that. Arvind Krishna highlighted “broad-based revenue growth across our segments”, with Software up 11.3%, Infrastructure up 15.3%, and IBM Z mainframe revenue surging 51%. Free cash flow landed at $2.22 billion, and the dividend was lifted to $1.69, the 31st consecutive annual hike.

Lens IonQ IBM Q1 Revenue $64.7M $15.92B Operating Cash Flow -$151M +$5.17B Funding Source Equity offerings Self-funded One Begs Capital Markets. The Other Writes Its Own Checks. IonQ is racing to build a full-stack quantum supplier through the pending SkyWater deal and a pipeline of national network builds in Poland, Florida, and the U.S. Mid-Atlantic. That ambition is expensive. With $493.5 million in cash and a full-year EBITDA loss guided to $310 million to $330 million, IonQ remains structurally reliant on dilutive equity offerings.

IBM’s quantum lab rides shotgun on a $249 billion machine. The $12.5 billion generative AI book of business and mainframe refresh cycle bankroll the research without touching shareholders. Polymarket traders price only a 17% chance of Uncle Sam taking an IonQ equity stake this year, a reminder that government money typically flows as contracts.

The Next Test Is Liquidity I will be watching whether IonQ converts its $470 million in remaining performance obligations into actual cash before the next capital raise. For IBM, the question is whether Infrastructure can repeat its 15.8% segment margin while Consulting stays stuck at 4.0% growth. IonQ shares are down 15.78% in the past month, while IBM trades at a sober 21x forward earnings.

Why IBM Looks Like the More Durable Quantum Exposure For investors seeking quantum exposure without dependence on the equity issuance window, IBM offers the more self-funded profile. The 2.66% dividend, low 0.665 beta, and self-funded R&D let you wait out the quantum adoption curve. IonQ can still pay off for risk-tolerant traders chasing the $67.64 analyst target, but at 116x sales with a 3.18 beta, you are paying for perfection. I would change my view on IonQ once free cash flow turns.
2026-06-26 14:38 1mo ago
2026-06-26 10:01 1mo ago
Merck & Co., Inc. (MRK) Is a Trending Stock: Facts to Know Before Betting on It
MRK.US Merck & Company
FMP Stock News
Original source text
Merck (MRK - 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 pharmaceutical company have returned +4.6%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Large Cap Pharmaceuticals industry, which Merck falls in, has gained 4.7%. 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.

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.

Merck is expected to post earnings of $2.10 per share for the current quarter, representing a year-over-year change of -1.4%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $5.17 points to a change of -42.4% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $9.85 indicates a change of +90.5% from what Merck is expected to report a year ago. Over the past month, the estimate has remained unchanged.

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 Merck.

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.

For Merck, the consensus sales estimate for the current quarter of $16.28 billion indicates a year-over-year change of +3%. For the current and next fiscal years, $66.79 billion and $70.62 billion estimates indicate +2.7% and +5.7% changes, respectively.

Last Reported Results and Surprise HistoryMerck reported revenues of $16.29 billion in the last reported quarter, representing a year-over-year change of +4.9%. EPS of -$1.28 for the same period compares with $2.22 a year ago.

Compared to the Zacks Consensus Estimate of $15.9 billion, the reported revenues represent a surprise of +2.44%. The EPS surprise was +15.23%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

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

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.

Merck 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 Merck. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:38 1mo ago
2026-06-26 09:30 1mo ago
MGM Resorts International Announces Second Quarter Earnings Release Date
MGM MGM Resorts International
FMP Stock News
Original source text
, /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2026 after the market closes on Wednesday, July 29, 2026. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. 

The call will be accessible via the Internet through http://investors.mgmresorts.com/events-and-presentations/ or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers. The conference call access code is 3854404.

A replay of the call will be available through August 5, 2026. The replay may be accessed by dialing 1-855-669-9658 or 1-412-317-0088. The replay access code is 6498752.

About MGM Resorts International 
MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international destinations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 30 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers sports betting and online gaming in North America through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary, LV Lion Holding Limited, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe and Brazil. The Company is currently pursuing targeted expansion in Asia through an integrated resort development in Japan. Through its Focused on What Matters philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on X as well as Facebook and Instagram.

MGM RESORTS CONTACTS

Investment Community:
SARAH ROGERS, Senior Vice President of Corporate Finance and Treasurer
[email protected]

HOWARD WANG, Vice President of Investor Relations
[email protected]

News Media:
BRIAN AHERN, Executive Director of Communications
[email protected]

SOURCE MGM Resorts International
2026-06-26 14:37 1mo ago
2026-06-26 10:10 1mo ago
Chevron Confirms Safe Venezuela Operations After Major Earthquakes
CVX Chevron
FMP Stock News
Original source text
Key Takeaways Chevron confirmed employees are safe and Venezuelan operations continue without earthquake disruptions. CVX said key crude projects, refining and export facilities continue operating normally. Chevron is supporting communities while monitoring safety and recovery across Venezuela. Chevron Corporation (CVX - Free Report) has confirmed that its operations in Venezuela remain unaffected despite two powerful earthquakes that caused widespread destruction and significant loss of life, underscoring the company's commitment to employee safety, operational resilience and support for local communities during challenging times.

Employee Safety Remains the Top Priority for CVXChevron reported that all of its employees in Venezuela are safe and accounted for following the twin earthquakes, which measured 7.2 and 7.5 in magnitude. The company expressed solidarity with the Venezuelan people and reaffirmed its commitment to supporting employees, neighboring communities and maintaining safe operations.

With a long-standing presence in the country, Chevron emphasized that protecting its workforce remains its highest priority while continuing to monitor the evolving situation closely.

CVX's Operations Continue Without DisruptionDespite the severe impact of the earthquakes, Chevron, currently carrying a Zacks Rank #3 (Hold), confirmed that its Venezuelan assets continue to operate normally. The company's three onshore heavy crude projects in western and eastern Venezuela have not experienced operational disruptions.

Key oil infrastructure also remained functional following the seismic events. Venezuela's Paraguaná refining complex, located near the affected region, continued normal refining activities, while the José export terminal maintained regular crude export operations.

These developments demonstrate the resilience of critical energy infrastructure even under difficult circumstances.

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

Industry Maintains StabilityChevron was not the only energy company to report uninterrupted operations. Other international operators, including Eni S.p.A. (E - Free Report) and Repsol, S.A. (REPYY - Free Report) , also confirmed that their Venezuelan assets remain operational.

Eni continues supplying natural gas that supports approximately half of Venezuela's gas-fired power generation, while Repsol's projects, including its partnership with Eni in the Perla gas field, continue contributing to the country's energy supply.

Although operations have remained stable, authorities and industry operators like CVX, E and REPYY continue assessing petrochemical facilities located closer to the earthquake's epicenter to ensure long-term safety.

Recovery Efforts Continue Across VenezuelaEmergency response teams remain engaged in rescue and recovery efforts following one of the strongest earthquakes recorded in Venezuela in more than a century. Authorities continue evaluating damage to industrial facilities, public infrastructure and residential areas.

Meanwhile, the Morón Petrochemical Complex has begun restoring operations after temporarily suspending activities to complete safety inspections. The precautionary shutdown reflects the industry's emphasis on protecting personnel and ensuring facility integrity before resuming operations.

Chevron's Long-Term Commitment to VenezuelaChevron has maintained a presence in Venezuela through years of political and economic uncertainty. It is making major developments in Venezuela, where production from its joint ventures has been steadily rising, reinforcing its position as a critical partner to PDVSA. The company currently contributes roughly a quarter of the country’s total crude output, underscoring both its operational importance and long-term strategic interest in the region. Chevron's ability to continue operating safely following this natural disaster reflects its focus on operational excellence, risk management and responsible energy production.

By prioritizing employee safety while maintaining reliable operations, Chevron continues to support Venezuela's energy sector during a period of significant national hardship.

Chevron's Ongoing Commitment to Safety and RecoveryAs Venezuela continues recovery efforts, Chevron remains focused on safeguarding its workforce, supporting affected communities and ensuring the safe operation of its assets. The company's swift response and operational resilience demonstrate the importance of strong safety practices and infrastructure preparedness in the face of unexpected natural disasters.

With ongoing assessments across the country's energy sector, Chevron continues working alongside stakeholders to provide reliable energy while contributing to recovery efforts wherever possible.
2026-06-26 14:36 1mo ago
2026-06-26 09:05 1mo ago
NEM vs. KGC: Which Gold Mining Stock Should You Bet on Now?
KGC Kinross Gold
FMP Stock News
Original source text
Key Takeaways NEM's expansion through projects and strong free cash flow support shareholder returns.Kinross is advancing growth projects while reducing debt and boosting liquidity.Both NEM and KGC have outpaced the industry with rising earnings estimates. Newmont Corporation (NEM - Free Report) and Kinross Gold Corporation (KGC - Free Report) are two prominent players in the gold mining space with global operations and diversified portfolios. Although gold prices have seen a sharp correction from the record highs reached in January 2026, they remain at supportive levels. Against this backdrop, comparing these two major industry players is particularly relevant for investors seeking exposure to the precious metals sector.

A combination of geopolitical tensions, a weaker U.S. dollar, tariff-related uncertainty and concerns about the Federal Reserve’s independence had propelled bullion to an all-time high of nearly $5,600 per ounce in late January. Since then, gold has retreated significantly due to inflation concerns triggered by a surge in crude oil prices amid Middle East tensions, with prices falling to $4,500 per ounce around the end of May.

The decline has continued this month, with prices recently falling near $4,000 per ounce, marking their lowest level in nearly eight months. The latest weakness reflects growing expectations of interest rate hikes and a stronger U.S. dollar, even as inflation fears eased following an interim agreement between the United States and Iran. Meanwhile, in its most recent policy meeting, the Federal Reserve left interest rates unchanged, but signaled a potential rate increase before the year's end. Even after the steep correction, gold prices remain roughly 21% higher than a year ago.

Let’s dive deep and closely compare the fundamentals of these two mining giants to determine which one is a better investment now.

The Case for NewmontNewmont continues to invest in growth projects in a calculated manner. The company is pursuing several projects, including the Cadia Panel Caves and Tanami Expansion 2 in Australia. These projects should expand Newmont’s production capacity and extend mine life, driving revenues and profits.

In October 2025, NEM achieved a significant milestone at Ahafo North. It achieved commercial production at the project, which followed the first gold pour in September 2025. Ahafo North is expected to produce between 275,000 and 325,000 ounces of gold annually over an estimated mine life of 13 years. Output is expected to be 315,000 ounces this year, with a ramp-up to full capacity.

NEM recently received key regulatory approvals from the Province of British Columbia for its Red Chris Block Cave Project, marking a major milestone in the planned transformation of the Red Chris Mine from an open-pit operation to a large-scale block-cave mine. The approvals move the project closer to a final investment decision, which Newmont expects to make later this year.

Newmont has also divested non-core businesses as it shifts its strategic focus to Tier 1 assets.   The company generated $3.6 billion from its portfolio optimization actions in 2025. These funds will support Newmont’s capital allocation strategy, which focuses on reinforcing its balance sheet and delivering returns to its shareholders.

Newmont has a strong liquidity position and generates substantial cash flows, which allow it to fund its growth projects, meet short-term debt obligations and drive shareholder value. At the end of the first quarter of 2026, Newmont had robust liquidity of roughly $12.8 billion, including cash and cash equivalents of around $8.8 billion. Its free cash flow surged 161% year over year to a record $3.1 billion in the first quarter, led by an increase in net cash from operating activities. Net cash from operating activities amounted to $3.8 billion in the first quarter, up from $2 billion in the year-ago quarter.

NEM has distributed $3.4 billion to its shareholders through dividends and share repurchases in 2025. It has returned $2.7 billion to its shareholders since Feb. 19, 2026. Newmont has executed buybacks of $6 billion under the earlier authorized share repurchase programs, including $2.4 billion since the fourth-quarter 2025 earnings call. Its board has approved an additional $6 billion repurchase program. NEM offers a dividend yield of 1.1% at the current stock price. Its payout ratio is 12%.

Newmont also remains committed to deleveraging, reducing debt by roughly $3.4 billion in 2025. It reduced debt by an additional $42 million in the first quarter, resulting in a strong net cash position of $3.2 billion.

NEM, however, saw lower gold production for the first quarter, partly linked to its strategic divestment of non-core assets. NEM reported a roughly 16% year-over-year and 10% sequential decline in attributable gold production to 1.3 million ounces. Newmont expects second-quarter 2026 production to be below the first-quarter level.

 The company anticipates gold production at about 5.26 million ounces for 2026, indicating a year-over-year decline from 5.89 million ounces in 2025. NEM expects lower production from Penasquito and Cadia in 2026 due to the site transitions. It also sees lower-than-expected production from Nevada Gold Mines and Pueblo Viejo. These will be partly offset by contributions from the newly commissioned Ahafo North mine.

The Case for KinrossKinross has a strong production profile and boasts a promising pipeline of exploration and development projects. Its key development projects and exploration programs remain on track. These projects are expected to boost production and cash flow, and deliver significant value. The successful execution of these projects will position the company for a new wave of low-cost, long-life production.

KGC is progressing with the construction of three organic growth projects to expand its U.S. portfolio. This is aimed at extending mine life and cost optimization. The projects are Round Mountain Phase X and Bald Mountain Redbird 2 in Nevada, and the Kettle River–Curlew project in Washington. Together, the projects are expected to contribute significantly to Kinross’ U.S. production profile. They are expected to contribute 3 million ounces of life-of-mine production to KGC’s portfolio, adding grades and mine lives.

KGC has strong liquidity of $3.9 billion and generates substantial cash flows, which allows it to finance its development projects, pay down debt and drive shareholder value. Kinross reactivated its share buyback program in April 2025. It completed a $600 million share repurchase program as of Dec. 31, 2025. The Toronto Stock Exchange, in March, accepted the notice to renew its normal course issuer bid program. KGC repurchased shares worth roughly $250 million in the first quarter and $300 million this year through April 29.

KGC generated a record free cash flow of roughly $2.5 billion last year. It returned $752.4 million to its shareholders through dividends and buybacks in 2025. The company also logged attributable free cash flow of $837.5 million in the first quarter, marking the fourth straight quarter of record free cash flow. It ended the quarter with about $1.4 billion in net cash.

In 2025, the company repaid $700 million of debt. With $1.7 billion in available credit (as of March 31, 2026) and no debt maturities until 2033, Kinross is well-positioned to support growth while strengthening its balance sheet and delivering shareholder value.

KGC’s board has approved a 14% increase to its quarterly dividend, amounting to 16 cents per share on an annualized basis. Kinross is targeting to return 40% of its free cash flow through share buybacks and dividends in 2026. KGC offers a dividend yield of 0.7% at the current stock price. It has a payout ratio of 7% with a five-year annualized dividend growth rate of roughly 2.4%.

Despite these positives, KGC remains exposed to headwinds from higher production costs. Its attributable production cost of sales per gold equivalent ounce was $1,380 in the first quarter, up 33% from the prior-year quarter’s levels. The rise was partly due to higher royalty costs stemming from increased gold prices. It saw first-quarter attributable all-in-sustaining costs (AISC) — a critical cost metric for miners — of $1,732 per ounce, marking a 28% increase from the year-ago quarter.

Kinross expects AISC to be $1,730 per ounce (+/-5%) for 2026, indicating a year-over-year increase from $1,571 per ounce in 2025, partly due to inflationary impacts. AISC is expected to be adversely impacted by cost inflation from elevated crude oil prices.

Price Performance and Valuation of NEM & KGCNEM stock has rallied 68% in the past year, while KGC stock has gained 61.7% compared with the Zacks Mining – Gold industry’s increase of 41.5%.

Image Source: Zacks Investment Research

NEM is currently trading at a forward 12-month earnings multiple of 9.24. This represents a modest 1.8% premium when stacked up with the industry average of 9.08X.

Image Source: Zacks Investment Research

Kinross is trading at a discount to Newmont. The KGC stock is currently trading at a forward 12-month earnings multiple of 8.27, below its industry average.

Image Source: Zacks Investment Research

How Do Zacks Consensus Estimates Compare for NEM & KGC?The Zacks Consensus Estimate for NEM’s 2026 sales and EPS implies a year-over-year rise of 20.2% and 43.8%, respectively. The EPS estimates for 2026 have been trending higher over the past 60 days.

Image Source: Zacks Investment Research

The consensus estimate for KGC’s 2026 sales and EPS implies year-over-year growth of 33.2% and 58.2%, respectively. The EPS estimates for 2026 have been trending northward over the past 60 days.

Image Source: Zacks Investment Research

NEM or KGC: Which Stock is a Better Pick Now?NEM and KGC currently carry a Zacks Rank #3 (Hold) each, so picking one stock is not easy. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Both Newmont and Kinross are demonstrating strong financial performance and commitment to shareholder returns, supported by firm gold prices. Both have a strong pipeline of development projects and solid financial health. The companies are also seeing favorable estimate revisions. Kinross appears to have an edge over Newmont due to its more attractive valuation and higher growth projections. Investors seeking exposure to the gold space might consider KGC as the more favorable option at this time.
2026-06-26 14:35 1mo ago
2026-06-26 08:00 1mo ago
Jito price prediction: How far will JTO go despite mixed sentiments?
JTO Jito Network
CoinGecko News
Original source text
Jito [JTO] may be up by less than a percentage, but at press time, it was trading at a critical point of the trend channel pattern. On the other hand, its daily trading volume was significant for a token of its kind, up about 14% and averaging around $61 million. 

Basically, a breach of the pattern to the upside would hint at an uptrend continuation. However, respecting the resistance would mean a decline to at least the slanting support level. 

Jito’s price was rejected at the trendline resistance On the charts, the price action seemed to be pulling back in a descending trend channel after a sharp upthrust from $0.53 to $0.88. If looked at optimistically, JTO appeared to be correcting in a bull flag pattern. However, the force to move the price down to the support of the channel was slowly declining. 

At press time, it was rejecting the upper resistance, which could mean JTO might fall to around $0.53 with Chaikin Money Flow (CMF) in support. The CMF showed money exiting JTO’s spot market on Binance with a reading of – 0.07. 

Source: JTO/USDT on TradingView A break above the $0.70-zone and, in particular, the trendline would signal the start of JTO’s next leg up. That might be supported by a bullish MACD, even though the bars showed a fall in momentum. 

Still, JTO appeared to be bullish on the 2-hour chart since it was yet to shift the market structure. Only trading and holding below $0.53 would invalidate a potential bullish continuation. 

A look into OI, volume & liquidations! More analysis revealed that Open Interest (OI) had climbed above $50 million. Put simply, the OI was less than $20 million below its peak value of slightly above $70 million since April. 

Source: CoinGlass Since mid-June, the total trading volume has fallen by more than 3x from around $650 million across the perps and spot markets. It’s now trading below the $200 million mark, affirming the consolidation in a trend channel pattern. 

Even the amount of liquidation cascades seemed to have dropped, alluding to a reduction in explosive moves in either direction. 

What of Jito’s chain activity? Well, it fell alongside the price too. At the time of writing, the Total Value Locked (TVL) was down about 20% to around $671 million. Similarly, assets staked were down by the same proportion too. 

The amount of revenue generated through fees has dropped more than the TVL though. In fact, it was down 31% to around $2.60 million. 

Source: DefiLlama To conclude, JTO may be trading in a correction phase of the bullish move it had in the middle of this month. However, a potential continuation is uncertain, as most of the metrics were down significantly at press time, except the OI.

 Final Summary JTO’s price has been trading around a critical level, where a break above would mean continuation while a breakdown would extend the correction.  Most of JTO’s on-chain and derivative data have been declining, but traders remain interested. 
2026-06-26 14:35 1mo ago
2026-06-26 14:01 1mo ago
Trading of the DRAM memory ETF is now available on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
JUP Jupiter SOL Solana
CoinGecko News
Original source text
US SEC and CFTC Solicit Public Comments on Regulatory Framework for Portfolio Margin of Securities, Futures and Other Products

The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint announcement seeking public input on a coordinated regulatory framework for portfolio margin of securities, security-based swaps, futures, swaps, and related positions. The agencies are evaluating whether enhanced regulatory coordination will boost risk management efficiency, reduce market fragmentation, and strengthen customer protections. SEC Chair Paul Atkins noted that cross-margin mechanisms could unlock liquidity currently held in separate accounts. CFTC Chair Mike Selig added that deeper cooperation between the two agencies on portfolio margin could free up unused capital while ensuring a more robust risk management framework and market safeguards. The public comment period covers topics including current portfolio margin models and practices, customer protection considerations, cross-margin and cross-product hedging, capital, segregation, and collateral treatment, risk management methodologies, matters related to clearing agencies and derivatives clearing organizations, operational and technical implementation issues, and potential impacts on market liquidity and competition. The comment window is 60 days following publication in the Federal Register.

7 minutes ago

US SEC and CFTC Solicit Public Comments on Regulatory Framework for Portfolio Margins Covering Securities, Futures and Other Related Products

U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint announcement seeking public comment on a coordinated regulatory framework for portfolio margin covering securities, security-based swaps, futures, swaps, and related positions. The agencies are evaluating whether enhanced inter-agency regulatory coordination will help improve risk management efficiency, reduce market fragmentation, and strengthen customer protection. SEC Chair Paul Atkins noted that cross-margin mechanisms could unlock liquidity currently held in separate accounts. CFTC Chair Mike Selig added that strengthened inter-agency cooperation on portfolio margin could free up unused capital while ensuring more robust risk management frameworks and market safeguards. The comment period covers topics including current portfolio margin models and practices, customer protection considerations, cross-margin and cross-product hedging, capital/segregation/collateral handling, risk management methodologies, matters related to clearinghouses and derivatives clearing organizations (DCOs), operational and technical implementation issues, and potential impacts on market liquidity and competition. The public comment window will remain open for 60 days following publication in the Federal Register.

7 minutes ago

US stock declines narrowed, S&P 500 index briefly turned positive.

According to Bitget market data, U.S. stock market losses narrowed, the S&P 500 index briefly turned positive, the Dow Jones Industrial Average edged down 0.01%, and the Nasdaq’s decline narrowed to 0.26%.

7 minutes ago

SemiAnalysis: Naura Technology accelerates the localization of China's etching sector, holding the leading market share in Changxin Memory's ICP etching market.

Independent semiconductor and AI research firm SemiAnalysis noted in a report that China’s localization process for etching equipment is accelerating, with progress clearly outpacing that of deposition equipment. Data shows that year-to-date, etching equipment imports among China’s front-end equipment have dropped 18% year-over-year, while deposition equipment imports have risen 3% year-over-year. SemiAnalysis believes this indicates that China’s domestic substitution in the etching sector has achieved substantial breakthroughs. Financial results from global etching leaders corroborate this judgment: Applied Materials’ China revenue fell 16% year-over-year in fiscal 2025, while Tokyo Electron’s China revenue dropped 18% year-over-year in fiscal 2026. SemiAnalysis points out that North Huachuang is a key driver of this trend; channel research shows it holds the leading share in the ICP etching market at ChangXin Memory. As ChangXin continues expanding production, North Huachuang is expected to further consolidate its market share and scale up its revenue.

7 minutes ago

Barclays cuts its 2026 Brent crude oil price forecast to $96 per barrel.

Barclays cuts its 2026 Brent crude oil price forecast to $96 per barrel, and its 2027 forecast to $85 per barrel.

7 minutes ago

At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.

According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.

7 minutes ago
2026-06-26 14:35 1mo ago
2026-06-26 10:05 1mo ago
Nebius vs. Digital Realty: Which AI Infrastructure Stock is the Better Buy?
DLR Digital Realty Trust
FMP Stock News
Original source text
Key Takeaways NBIS is expanding its AI infrastructure, targeting more than 4 GW of contracted power capacity by year-end. DLR is seeing record AI-driven leasing, expanding its data center pipeline through 2027 and beyond.Both NBIS and DLR are investing heavily in AI infrastructure, but differ in growth pace and business models. Nebius Group N.V. (NBIS - Free Report) and Digital Realty Trust, Inc. (DLR - Free Report) are benefiting from the rapid expansion of AI infrastructure as enterprises and hyperscalers accelerate investments in high-performance computing, AI cloud platforms and next-generation data centers. Growing demand for AI training and inference workloads is driving the need for large-scale GPU capacity, power-rich data center campuses and globally connected infrastructure, positioning both companies to capitalize on the ongoing buildout of the AI ecosystem.

While Nebius is expanding its AI-native cloud platform by adding GPU capacity, securing long-term customer commitments and investing heavily in new AI infrastructure, Digital Realty is scaling its global data center platform through record leasing activity, hyperscale developments and expanded connectivity to support increasingly AI-driven workloads. Both companies continue to invest aggressively to meet rising AI infrastructure demand, although they are executing through different business models within the AI infrastructure value chain.

Let’s evaluate their fundamentals, growth prospects, market challenges and valuations to determine which stock presents a stronger investment opportunity.

The Case for NBISNebius is rapidly scaling its AI infrastructure footprint by expanding data center capacity and strengthening its AI-native hyperscaler platform. Within the past three months, the company has increased its contracted power capacity from more than 2 gigawatts to over 3.5 gigawatts and now expects to exceed 4 gigawatts by year-end. It also announced a new data center site in Pennsylvania, which is expected to support 1.2 gigawatts of power at full build-out. More than 75% of the company's contracted power capacity is now owned, reflecting its strategy of building and operating an integrated AI infrastructure platform with greater control over long-term capacity.

The company continues to enhance its full-stack AI cloud platform by offering services across the AI lifecycle, including bare-metal infrastructure, multi-tenant cloud, inference and agentic capabilities. The acquisitions of Tavily, Eigen AI and Clarifai have strengthened its engineering capabilities while improving inference optimization and agentic search technologies. The company also expanded its collaboration with NVIDIA and achieved NVIDIA Exemplar Cloud status for GB300 training workloads, placing it among a limited number of cloud providers recognized across multiple GPU generations.

Demand for Nebius' AI infrastructure remains strong across a broad range of industries, with management stating that several customers typically compete for every GPU brought online. During the first quarter, pipeline generation increased 3.5 times sequentially, supported by growing demand from AI-native companies, enterprises and software vendors. Customers spanning fintech, physical AI, life sciences, manufacturing, energy and pharmaceuticals are increasingly adopting the company's AI cloud platform. Nebius also delivered a strong first-quarter financial performance, with group revenue rising 684% year over year and the AI business recording 841% revenue growth, reaching an annualized run-rate revenue of $1.9 billion.

For 2026, Nebius expects annualized run-rate revenue of $7 billion to $9 billion, group revenue of $3 billion to $3.4 billion and an adjusted EBITDA margin of around 40%. However, management expects quarterly EBITDA margins to fluctuate during the year as investments in infrastructure and capacity expansion are incurred ahead of revenue generation. Margins are expected to decline in the second quarter due to the back-half weighted deployment of new capacity before recovering to first-quarter levels in the third quarter and improving further in the fourth quarter.

The company has also raised its 2026 capital expenditure guidance to between $20 billion and $25 billion from the earlier range of $16 billion to $20 billion to support additional AI infrastructure capacity planned for 2027. The increased investment is backed by customer commitments but will require incremental financing through asset-backed structures, corporate debt and other funding alternatives. The company continues to evaluate multiple financing sources while maintaining a disciplined approach to funding its long-term data center expansion strategy.

The Case for DLRDigital Realty is gaining from robust AI infrastructure and data center demand, with enterprises and hyperscalers increasingly deploying AI workloads across its global PlatformDIGITAL ecosystem. The company said digital infrastructure has become foundational as AI adoption accelerates compute intensity, cloud demand remains resilient and enterprises continue investing in technology. This drove one of the strongest leasing quarters in the company's history, supported by rising demand for both interconnection services and large-scale hyperscale capacity.

The company continues to strengthen its position in AI-ready infrastructure through record leasing activity and an expanding global footprint. The company signed its largest-ever lease, a 200-megawatt AI inference deployment with a hyperscale customer in Charlotte, while also securing multiple 10-plus megawatt AI-related leases across major global markets. AI-oriented bookings represented a record share of the 0-1 megawatt category, reflecting growing enterprise adoption. To support future demand, the company expanded its development pipeline to 1.2 gigawatts under construction, increased investments in hyperscale campuses and added new connectivity hubs and land acquisitions across North America, Europe and the Asia-Pacific.

Digital Realty is also benefiting from strong long-term visibility supported by a record backlog and continued investments in AI-focused data center capacity. Management highlighted that customers are shifting AI deployments from pilot projects to production environments, particularly for inference workloads, while enterprise AI demand continues to expand. Record bookings lifted the backlog to $1.8 billion, with lease commencements extending into 2027 and beyond. Digital Realty is simultaneously scaling its private capital platform, expanding hyperscale development funding and securing additional land and power resources to meet customers' long-term AI infrastructure requirements.

However, the rapid expansion of AI infrastructure continues to face industry-wide execution challenges. Management noted that limited power availability, labor shortages, supply chain constraints and community opposition are restricting the pace at which new data center capacity can be delivered. These factors are widening the gap between customer demand and deployable capacity, while utilities, equipment availability and construction timelines remain key variables across major markets.

Digital Realty is also navigating higher development costs as inflation in land values, construction expenses, supply chains and liquid-cooling infrastructure increases capital requirements for new AI data centers. The company acknowledged elevated operating expenses during the quarter and expects continued investment spending to support hyperscale growth. While management believes market rental rates are strong enough to offset rising development costs and preserve targeted returns, higher capital intensity and ongoing infrastructure investments remain important considerations.

Share Performance for NBIS & DLRIn the past three months, NBIS stock has surged 154.5% while DLR gained 10.4%.

Image Source: Zacks Investment Research

Valuation for NBIS & DLRIn terms of Price/Book, NBIS shares are trading at 8.97X, higher than DLR’s 2.93X.

Image Source: Zacks Investment Research

How Do Estimates Compare for NBIS & DLR?Over the past 60 days, analysts have significantly revised estimates for NBIS’ bottom line for the current year.

Image Source: Zacks Investment Research

For DLR, estimates have been revised marginally upward over the past 60 days.

Image Source: Zacks Investment Research

NBIS or DLR: Which Stock is the Better Investment?Both NBIS and DLR currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

While Digital Realty provides a more established and stable data center platform supported by strong leasing activity and long-term backlog, Nebius' faster growth profile, improving earnings outlook and expanding AI-native platform make it the more compelling choice for investors seeking higher upside in the AI infrastructure space.
2026-06-26 14:34 1mo ago
2026-06-26 10:15 1mo ago
What Analyst Projections for Key Metrics Reveal About General Mills (GIS) Q4 Earnings
GIS General Mills
FMP Stock News
Original source text
The upcoming report from General Mills (GIS - Free Report) is expected to reveal quarterly earnings of $0.82 per share, indicating an increase of 10.8% compared to the year-ago period. Analysts forecast revenues of $4.6 billion, representing an increase of 1% year over year.

The consensus EPS estimate for the quarter has undergone a downward revision of 1.5% 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 indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

That said, let's delve into the average estimates of some General Mills metrics that Wall Street analysts commonly model and monitor.

Based on the collective assessment of analysts, 'Net Sales- North America Foodservice' should arrive at $581.13 million. The estimate suggests a change of +0.3% year over year.

Analysts predict that the 'Net Sales- International' will reach $840.10 million. The estimate suggests a change of +13.7% year over year.

The average prediction of analysts places 'Net Sales- North America Pet' at $717.24 million. The estimate suggests a change of +6.2% year over year.

Analysts expect 'Net Sales- North America Retail' to come in at $2.49 billion. The estimate points to a change of -2.9% from the year-ago quarter.

Analysts' assessment points toward 'Operating Profit- North America Retail' reaching $501.90 million. The estimate is in contrast to the year-ago figure of $473.80 million.

Analysts forecast 'Operating Profit- International' to reach $39.51 million. Compared to the present estimate, the company reported $33.70 million in the same quarter last year.

The consensus among analysts is that 'Operating Profit- North America Pet' will reach $144.19 million. Compared to the present estimate, the company reported $140.10 million in the same quarter last year.

The combined assessment of analysts suggests that 'Operating Profit- North America Foodservice' will likely reach $78.16 million. Compared to the present estimate, the company reported $83.10 million in the same quarter last year.

View all Key Company Metrics for General Mills here>>>

Shares of General Mills have demonstrated returns of +4.5% over the past month compared to the Zacks S&P 500 composite's -1.4% change. With a Zacks Rank #4 (Sell), GIS is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
2026-06-26 14:34 1mo ago
2026-06-26 08:45 1mo ago
Snowflake's Stunning Artificial Intelligence Comeback Looks Powerful
SNOW Snowflake
FMP Stock News
Original source text
Snowflake (SNOW +2.68%) has moved beyond the panic phase as growth reaccelerates, guidance rises, and artificial intelligence creates new demand for governed enterprise data. The opportunity looks compelling, but the valuation leaves little room for disappointment if competition intensifies or momentum slows again.

Stock prices used were the market prices of June 17, 2026. The video was published on June 25, 2026.

Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
2026-06-26 14:34 1mo ago
2026-06-26 10:01 1mo ago
Snowflake Inc. (SNOW) is Attracting Investor Attention: Here is What You Should Know
SNOW Snowflake
FMP Stock News
Original source text
Snowflake Inc. (SNOW - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this company have returned -5.1%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Internet - Software industry, which Snowflake falls in, has lost 7.4%. 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.

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

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

For the current quarter, Snowflake is expected to post earnings of $0.45 per share, indicating a change of +28.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +5.8% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $1.93 points to a change of +54.4% from the prior year. Over the last 30 days, this estimate has changed +13.1%.

For the next fiscal year, the consensus earnings estimate of $2.57 indicates a change of +33.2% from what Snowflake is expected to report a year ago. Over the past month, the estimate has changed +7.2%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Snowflake is rated Zacks Rank #3 (Hold).

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

12 Month EPS

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

For Snowflake, the consensus sales estimate for the current quarter of $1.47 billion indicates a year-over-year change of +28.4%. For the current and next fiscal years, $6.07 billion and $7.55 billion estimates indicate +29.6% and +24.4% changes, respectively.

Last Reported Results and Surprise HistorySnowflake reported revenues of $1.39 billion in the last reported quarter, representing a year-over-year change of +33.5%. EPS of $0.39 for the same period compares with $0.24 a year ago.

Compared to the Zacks Consensus Estimate of $1.32 billion, the reported revenues represent a surprise of +5.23%. The EPS surprise was +21.88%.

The company beat consensus EPS estimates in each of the trailing four quarters. 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.

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.

Snowflake 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 Snowflake. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:33 1mo ago
2026-06-26 10:01 1mo ago
United Parcel Service, Inc. (UPS) is Attracting Investor Attention: Here is What You Should Know
UPS UPS
FMP Stock News
Original source text
United Parcel Service (UPS - 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 package delivery service have returned +2.5% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Transportation - Air Freight and Cargo industry, to which UPS belongs, has lost 4.3% over this period. Now the key question is: Where could the stock be headed in the near term?

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

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

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

For the current quarter, UPS is expected to post earnings of $1.67 per share, indicating a change of +7.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $7.1 points to a change of -0.8% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $7.9 indicates a change of +11.2% from what UPS is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, UPS is rated Zacks Rank #3 (Hold).

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

12 Month EPS

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

For UPS, the consensus sales estimate for the current quarter of $21.51 billion indicates a year-over-year change of +1.3%. For the current and next fiscal years, $89.78 billion and $93.42 billion estimates indicate +1.3% and +4.1% changes, respectively.

Last Reported Results and Surprise HistoryUPS reported revenues of $21.2 billion in the last reported quarter, representing a year-over-year change of -1.6%. EPS of $1.07 for the same period compares with $1.49 a year ago.

Compared to the Zacks Consensus Estimate of $21.03 billion, the reported revenues represent a surprise of +0.82%. The EPS surprise was +2.88%.

Over the last four quarters, UPS surpassed consensus EPS estimates three times. 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.

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

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.

UPS is graded B on this front, indicating that it is trading at a discount 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 UPS. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:33 1mo ago
2026-06-26 10:01 1mo ago
Investors Heavily Search Costco Wholesale Corporation (COST): Here is What You Need to Know
COST Costco Wholesale
FMP Stock News
Original source text
Costco (COST - 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.

Shares of this warehouse club operator have returned -5.3% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Retail - Discount Stores industry, to which Costco belongs, has lost 4% over this period. Now the key question is: Where could the stock be headed in the near term?

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

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

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, Costco is expected to post earnings of $6.49 per share, indicating a change of +10.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.1% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $20.38 points to a change of +13.3% from the prior year. Over the last 30 days, this estimate has changed +0.3%.

For the next fiscal year, the consensus earnings estimate of $22.46 indicates a change of +10.2% from what Costco is expected to report a year ago. Over the past month, the estimate has changed +0.3%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Costco is rated Zacks Rank #3 (Hold).

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

12 Month EPS

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

In the case of Costco, the consensus sales estimate of $93.85 billion for the current quarter points to a year-over-year change of +8.9%. The $301.03 billion and $324.4 billion estimates for the current and next fiscal years indicate changes of +9.4% and +7.8%, respectively.

Last Reported Results and Surprise HistoryCostco reported revenues of $70.53 billion in the last reported quarter, representing a year-over-year change of +11.6%. EPS of $4.93 for the same period compares with $4.28 a year ago.

Compared to the Zacks Consensus Estimate of $69.5 billion, the reported revenues represent a surprise of +1.47%. The EPS surprise was +0.41%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.

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

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.

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

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Costco. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:33 1mo ago
2026-06-26 10:26 1mo ago
SSR Mining Optimizes Portfolio With Copler Mine Stake Sale
SSRM SSR Mining
FMP Stock News
Original source text
Key Takeaways SSR Mining closed the sale of its 80% stake in the Copler Mine to Cengiz.SSRM received $1.49B in cash and plans to reinvest, return capital and pursue growth.SSR Mining expects its 2026 gold equivalent output of 450,000-535,000 ounces from four mines. SSR Mining Inc. (SSRM - Free Report) announced that it closed its previously announced sale of 80% stake in the Çöpler Mine to Cengiz Holding A.S. Along with the prior announced sale of the 20% stake in the Hod Maden development project, the sale of the Çöpler Mine is consistent with SSR Mining's refocusing toward an Americas platform.

Details of SSR Mining’s Deal to Sell Çöpler Mine StakesOn March 4, 2026, SSR Mining inked a binding memorandum of understanding to sell its majority stake in the Çöpler Mine and related properties in Türkiye. Çöpler was a key contributor to SSRM’s output, which stopped operations on Feb. 13, 2024, following a significant slip on the heap leach pad.

SSR Mining worked toward the restart of the Çöpler Mine while securing the necessary regulatory approvals from Turkish authorities over the past two years. During this time, the company determined a strategic review to be the optimal path for the mine to maximize shareholder value.

SSR Mining received $1.49 billion in cash from the transaction, which it plans to use for continued business reinvestment, capital returns and accretive growth initiatives. SSRM expects the sale to yield immediate value for shareholders by exceeding current market expectations for the mine's net asset value and cash flow. 

SSRM’s recent strategic actions, including the acquisition of the Cripple Creek & Victor Mine, position it as a leading producer in the United States focused on free cash flow and capital return. The company currently operates four active mines across the United States, Canada and Argentina. SSR Mining expects gold-equivalent ounces to be 450,000-535,000 for 2026.

SSRM Stock Price PerformanceThe SSRM stock has appreciated a whopping 125.2% in a year compared with the industry’s return of 40.8%.

Image Source: Zacks Investment Research

SSR Mining’s Zacks Rank & Stocks to ConsiderThe Zacks Consensus Estimate for Dow's current-year earnings is pegged at $2.61 per share, indicating a 377% year-over-year surge. Dow’s shares have gained 13.6% in a year.

Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have skyrocketed 124% so far this year. 

Avino Silver has an average trailing four-quarter earnings surprise of 125%. The Zacks Consensus Estimate for Avino Silver’s 2026 earnings is pegged at 39 cents per share, indicating 34.5% year-over-year growth. Its shares have surged 62.7% in a year.
2026-06-26 14:32 1mo ago
2026-06-26 10:05 1mo ago
Lemonade Stock Tripled Over the Past 3 Years. Can It Do It Again Over the Next 3 Years?
LMND Lemonade
FMP Stock News
Original source text
Lemonade (LMND +0.07%) has become a popular insurance technology company over the past few years. Insurance is an industry full of legacy players, with some giants that are more than a century old, and it was ripe for disruption with the advent of artificial intelligence (AI).

Although it got off to a bumpy start, losing more than 90% of its value at one point, Lemonade stock has made a sustained comeback, up 247% over the past three years. Can it do a repeat performance?

Sweetening the deal Lemonade is a digital insurance company that relies on AI and machine learning to price policies, onboard customers, and approve claims. This removes human intervention as much as possible, making for a simpler, quicker, and more transparent experience. At some point, it should be cheaper to operate as well.

For now, it's adding customers at a rapid pace, including a 23% year-over-year increase in the 2026 first quarter to over 3 million in total; that's double the count from 2022.

Image source: Getty Images.

In-force premium (IFP), the standard top-line metric for insurance companies, has accelerated over the past 10 quarters, rising 32% year over year in the first quarter, while gross margin improved from 26% to 39%.

The main reason the stock bounced back and has performed so well over the past few years is the improvement in its loss ratio. That measures how much Lemonade pays out in claims, and it's been trending down. At 62% in the first quarter, it's well within the target range and comparable to other insurance companies.

Management believes it has an edge over legacy companies because its digital parts are interconnected and work together. The larger, older companies are all moving toward this model, but even though Lemonade is younger, it has a head start here. Here, being smaller also works in its favor, since it's more agile and can make changes more easily.

What happens next Right now, Lemonade is still in rollout mode, and it has high expenses. That's eating into its profits, and it's still reporting losses even on an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis.

Today's Change

(

0.07

%) $

0.04

Current Price

$

56.03

Management is guiding for positive adjusted EBITDA by the end of this year and positive net income next year. From there, it envisions becoming much more profitable as AI and machine learning do their work.

So can Lemonade stock triple over the next three years? It trades at a price-to-sales ratio of 6, which is fair considering its growth. Revenue increased 71% in the first quarter, also an acceleration, so let's choose 50% as a possible compound annual growth rate (CAGR). In that case, trailing-12-month revenue would reach $2.4 billion from $725 million today, and keeping the price-to-sales ratio constant, the stock would indeed triple.

This is just one scenario. Revenue growth could decelerate further, and the price-to-sales ratio could go down. But as it becomes profitable, it's possible the stock could triple over the next three years.
2026-06-26 14:32 1mo ago
2026-06-26 08:30 1mo ago
Palantir: Upgrading To Bullish After A Record Quarter Meets A 48% Selloff
PLTR Palantir Technologies
FMP Stock News
Original source text
42.11K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of PLTR, CRM 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.

Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.

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.
2026-06-26 14:32 1mo ago
2026-06-26 08:35 1mo ago
PLTR, GOOG and MSFT Forecasts – AI Names Struggling at the Moment
PLTR Palantir Technologies
FMP Stock News
Original source text
Microsoft is the outlier here. It looks like it’s going to bounce a bit, but quite frankly, it’s been a straight line down for the entire month. Sooner or later, a bounce makes sense. When looked at through the prism of the longer term, we are pretty close to a major support region, right around $350. So we’ll see if this holds. If it doesn’t, we could see this market drop down to the $315 level pretty quickly.

To the upside, I have a hard time believing we’re going to clear 375 easily. This might be a short-term “smash and grab” type of trade on the upside, but to have a longer-term bottom, we need to put in more work. This has been a complete crash down from the beginning of June, dropping directly from $466, losing $110 a share pretty quickly. That obviously is a big deal. If they can get some type of bounce here, it’s a good short-term trade. Longer-term trade, they need to work out their issues with Copilot not being adopted.
2026-06-26 14:32 1mo ago
2026-06-26 10:01 1mo ago
Is Trending Stock Palantir Technologies Inc. (PLTR) a Buy Now?
PLTR Palantir Technologies
FMP Stock News
Original source text
Palantir Technologies Inc. (PLTR - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this company have returned -25.2% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Internet - Software industry, to which Palantir Technologies belongs, has lost 7.4% 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.

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.

Palantir Technologies is expected to post earnings of $0.35 per share for the current quarter, representing a year-over-year change of +118.8%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $1.47 points to a change of +96% from the prior year. Over the last 30 days, this estimate has changed -1.4%.

For the next fiscal year, the consensus earnings estimate of $2.06 indicates a change of +39.7% from what Palantir Technologies is expected to report a year ago. Over the past month, the estimate has changed -2%.

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 Palantir Technologies.

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

12 Month EPS

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

For Palantir Technologies, the consensus sales estimate for the current quarter of $1.81 billion indicates a year-over-year change of +80%. For the current and next fiscal years, $7.69 billion and $10.9 billion estimates indicate +71.9% and +41.7% changes, respectively.

Last Reported Results and Surprise HistoryPalantir Technologies reported revenues of $1.63 billion in the last reported quarter, representing a year-over-year change of +84.7%. EPS of $0.33 for the same period compares with $0.13 a year ago.

Compared to the Zacks Consensus Estimate of $1.54 billion, the reported revenues represent a surprise of +6.04%. The EPS surprise was +13.79%.

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.

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.

Palantir Technologies 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 Palantir Technologies. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
2026-06-26 14:31 1mo ago
2026-06-26 04:34 1mo ago
HIVE Digital Technologies upsizes convertible note offering to support GPU purchases, data center expansion
AZN AstraZeneca
FMP Stock News
Original source text
HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) has announced the pricing of an upsized private offering of $115 million in zero-coupon exchangeable senior notes due 2031, increasing the size of the deal from the previously announced $100 million.

The notes will be issued by HIVE Bermuda 2026 Ltd., a wholly owned subsidiary of HIVE, and are expected to close on June 30, subject to customary conditions. Initial purchasers have also been granted an option to buy up to an additional $15 million of notes within 13 days of issuance.

The notes will not pay regular interest and will mature on July 1, 2031, unless they are earlier exchanged, redeemed, or repurchased. They are exchangeable into cash, HIVE common shares, or a combination of both at the issuer's election. The initial exchange price is approximately $4.83 per share, representing a 27.5% premium to HIVE's Nasdaq closing price of $3.79 on June 25.

HIVE estimates net proceeds from the offering will total about $110 million, or roughly $124.5 million if the additional purchase option is exercised in full.

The company plans to use the funds for general corporate purposes, capital investments, including graphics processing unit (GPU) purchases, and data center development.

In connection with the offering, HIVE entered into cash-settled capped call transactions with certain financial institutions. The capped calls have an initial cap price of $8.53 per share, equal to a 125% premium over the June 25 closing price.

The company said the transactions are intended to reduce potential dilution from future exchanges of the notes and offset certain cash payments that could otherwise be required.

The notes are unsecured obligations of the issuer and are fully guaranteed by HIVE on a senior unsecured basis. Holders will have the right to require the issuer to repurchase their notes for cash on July 1, 2030, and under certain circumstances involving a fundamental change at the company.

The offering is being conducted as a private placement to qualified institutional buyers under Rule 144A of the US Securities Act.
2026-06-26 14:31 1mo ago
2026-06-26 09:03 1mo ago
Jefferies names AstraZeneca a top pick ahead of pivotal heart drug readout
AZN AstraZeneca
FMP Stock News
Original source text
Jefferies has reiterated its 'buy' rating on AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) and named the drugmaker a Franchise Pick, framing an approaching late-stage trial readout as the next major catalyst for the shares.

The broker holds a price target of 18,000p, implying upside of around 30% to the current price.

At the centre of the call is CARDIO-TTRansform, a phase III study of eplontersen, marketed as Wainua, in transthyretin amyloidosis, a progressive condition in which misfolded proteins build up in the heart.

Data is due in the second half of 2026, and Jefferies argues a positive result could de-risk around $5 billion in future sales while adding a low single-digit percentage to its net present value estimate.

The analysts see the trial as well placed to succeed, citing a large patient population and the ability to test the drug both alone and alongside existing stabiliser therapies such as tafamidis.

A favourable outcome would validate eplontersen as a competitive silencing treatment and open the door to combination use, where Jefferies sees the larger long-term prize.

The broker frames the opportunity within a transthyretin amyloidosis market it expects to reach around $18 billion by 2030, driven by earlier diagnosis and a shift towards disease-modifying therapies in a condition that remains widely underdiagnosed.

Jefferies also points to AstraZeneca's broader pipeline, including the amyloid-clearing antibody cliramitug, as evidence of a multi-mechanism franchise rather than a single-product bet.

On the longer-term question of growth beyond 2030, the analysts estimate AstraZeneca must de-risk roughly $12.5 billion of incremental revenue by 2034 to sustain forecast top-line growth of about 3% a year, a target they consider achievable.

The price target places the stock at a premium of around 40% to the European pharmaceuticals sector on 2027 earnings, a valuation Jefferies says is justified.
2026-06-26 14:30 1mo ago
2026-06-26 09:14 1mo ago
Bitcoin OG Barry Silbert Bets On Decentralized AI Through This $2 Billion Crypto
BTC Bitcoin TAO Bittensor
CoinGecko News
Original source text
Decentralized AI Exposure To Get Easier?Silbert promoted the launch of the Total Market Fund by Yuma, a DCG subsidiary, that provides a single allocation for exposure to TAO and tokens tied to AI projects built on Bittensor. The fund is marketed as an institutional gateway to decentralized AI infrastructure, offering exposure beyond traditional equities and venture capital.

“AI is becoming a core portfolio allocation. But for most investors, it’s limited to a few, big players,” Silbert noted. “Bittensor offers access to a decentralized network of AI projects.”

What’s Bittensor Moat?Bittensor is an open-source network that allows AI models to be shared, trained, and ranked by value. Participation and contribution are incentivized by handing out rewards in the form of the native cryptocurrency called TAO.

Silbert himself has picked Bittensor as one of the top projects where the majority of cryptocurrency capital is expected to rotate into eventually.

Silbert Bullish On Privacy NarrativeSilbert has also championed financial privacy, positioning privacy-focused coins as the cryptocurrency industry’s next major investment opportunity.

His thesis is that 5-10% of Bitcoin market cap would eventually rotate into privacy coins, including Zcash (CRYPTO: ZEC).

Price Action: At the time of writing, TAO was exchanging hands at $213.40, down 3.48% over the last 24 hours, according to data from Benzinga Pro, valued at over $2.35 billion.

Photo courtesy: Shutterstock

Market News and Data brought to you by Benzinga APIs

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

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2026-06-26 14:30 1mo ago
2026-06-26 07:30 1mo ago
Breakfast News: Apple Faces Testing Times Ahead
MU Micron Technology
FMP Stock News
Original source text
June 26, 2026 Thursday's MarketsS&P 500
7,357 (-0.01%)Nasdaq
25,359 (-0.46%)Dow
51,921 (+0.14%)Bitcoin
$59,596 (-1.75%)

Source: Image created by Jester AI.

1. Apple Stock Falls on Price Rises Apple (AAPL +1.10%) suffered its worst one-day stock fall in over a year yesterday, after the iPhone maker announced price increases – on just about everything except iPhones, for now. The soaring competition for memory chips in short supply was highlighted by Micron's (MU 2.66%) exceptional results yesterday. Apple's new pricing follows Microsoft's (MSFT +3.93%) Xbox price jumps.

"Micron's huge AI windfall is bad news for most of us": Bloomberg's Chris Bryant noted the huge memory demand from AI superscalers is likely to keep prices high until at least 2028, due to the long time it takes to get new chip factories running. Global tech stock sell-off: Asian markets fell this morning following the week's AI-led jitters, with South Korea's Kospi index plunging more than 8% in early trading while Japan's Nikkei lost 5%. The Nasdaq has fallen 4.4% so far this week – with futures down more than 1% this morning, while S&P 500 futures dipped 0.3%. 2. Why I'd Rather Call Market Drops "Opportunities" I recently passed the 30th anniversary of the date that I purchased my first stock (I was not raised in a house that knew anything about investing or owned stocks of any kind). In the three decades since I've (we've all) seen a LOT ... And through it all, the market is "up and to the right."

Investing is such a rewarding effort and, three decades into this adventure (and hoping for another three to four decades beyond today), I've personally seen and so benefited from the magic of compounding.

I thus find it rather difficult to get worked up about market drops. Indeed, at this point it's engrained in me to consider sell-offs as just another opportunity. After all, what do you think "long-term investment time horizon" means?

3. Report: OpenAI to Delay IPO?

OpenAI is considering delaying its much-anticipated stock market launch until next year, says The New York Times. The rethink follows June's tech stock slump, and the lackluster response to SpaceX's (SPCX 0.12%) record IPO – from a rapid rise to over $225, SpaceX stock closed yesterday down at $153. OpenAI filed a draft IPO earlier this month with the SEC, and analysts had expected a launch in the third or fourth quarter.

Trillion-dollar valuation: Faced with a suggestion to delay until 2027 or lower OpenAI's target valuation, CEO Sam Altman called the latter a non-starter, according to the Times report. SoftBank stock plunges 12%: SoftBank, a major OpenAI backer with a stake worth an estimated $65 billion, experienced its biggest intraday stock fall in more than three months in Tokyo this morning as hopes for a quick IPO windfall fade. 4. Today's Take: AI Investing Lessons From History

As gravity is to physics, corrections are to markets. Balance must be – and will be – restored. Data companies hold the information that can drive balance-restoring efficiency, and it's why I still like and have meaningful stakes in MongoDB (MDB +3.60%) and Snowflake (SNOW +2.70%).-- Tim Beyers Team Rule Breakers

5. Your Take Which companies that you already have a position in are you considering adding to your portfolio soon, and why?

Discuss with friends and family, or become a member to hear what your fellow Fools are saying!

This image and article was created using Large Language Models (LLMs) based on The Motley Fool's insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Micron Technology, Microsoft, MongoDB, and Snowflake. The Motley Fool has a disclosure policy.
2026-06-26 14:30 1mo ago
2026-06-26 07:36 1mo ago
First Look: Tech Selloff, SCOTUS Weed Killer Ruling, USPS Update
MU Micron Technology
FMP Stock News
Original source text
Stock News Global tech stocks tumble on AI spending and IPO delay: Major indices and tech shares, including Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), an
2026-06-26 14:30 1mo ago
2026-06-26 08:03 1mo ago
Micron's stock is still dirt cheap. Some analysts say that's about to change.
MU Micron Technology
FMP Stock News
Original source text
Micron’s stock is still dirt cheap. Some analysts say that’s about to change.

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HomeIndustriesComputers/ElectronicsTech StocksTech StocksNew long-term customer agreements could bring more predictability to Micron’s financials, addressing a persistent investor concern about sustainabilityJune 26, 2026, 8:03 a.m. ET

Micron Technology’s stock remains very well-priced despite its explosive rally this year, but some analysts think it could soon break out of the bargain bin.

Shares of Micron MU trade at a forward price-to-earnings multiple of 9.2x, not much higher than the 8.3x multiple they fetched at the end of 2025, according to data provided by FactSet. While Micron has seen its stock price climb 325% so far this year, the pace of growth in rolling 12-month earnings-per-share estimates has been nearly as strong, at 284%.

About the Author

Emily Bary is MarketWatch's managing editor for companies coverage. She is based in New York.

Philip van Doorn writes the Deep Dive investing column for MarketWatch.

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2026-06-26 14:30 1mo ago
2026-06-26 09:39 1mo ago
Micron: Nothing Like This Has Happened In Memory
MU Micron Technology
FMP Stock News
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5.08K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-06-26 14:30 1mo ago
2026-06-26 09:43 1mo ago
Micron Just Proved the Bears Wrong
MU Micron Technology
FMP Stock News
Original source text
In this video, I will cover Micron's (MU 2.66%) latest earnings report and explain what the results mean for the stock and how I am managing my own position. Watch the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were from the trading day of June. 25, 2026. The video was published on June. 25, 2026.

Neil Rozenbaum has positions in Micron Technology. The Motley Fool has positions in and recommends Micron Technology. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
2026-06-26 14:30 1mo ago
2026-06-26 09:45 1mo ago
Micron shares fall after AI-fuelled rally despite blowout earnings
MU Micron Technology
FMP Stock News
Original source text
Micron Technology's MU shares fell sharply on Friday, giving up part of the gains recorded earlier in the week despite the memory chipmaker reporting stronger-than-expected quarterly results.

The stock declined nearly 5% in premarket trading as weakness spread across the broader semiconductor sector.

Other US chipmakers also traded lower, with Intel down just over 3%, Sandisk falling 5%, Arm shedding 4%, and Marvell declining 3.7%.

The decline came as investors remained cautious about the rising costs associated with artificial intelligence infrastructure, triggering a broader sell-off across global semiconductor stocks.

The weakness extended beyond the United States.

In Europe, ASML fell 2.2%, Infineon declined 3.7%, ASM International lost 2.8%, ST Microelectronics dropped 3.3%, and Be Semiconductor slipped 2%.

In Asia, Japanese conglomerate SoftBank led regional losses, plunging more than 12%.

The broader pullback followed a strong rally in AI-related semiconductor companies, even as Micron delivered robust financial results and issued an optimistic outlook.

MU reported third-quarter revenue of $41.46 billion, compared with $9.3 billion in the same period a year earlier.

The result exceeded analysts' expectations.

Adjusted earnings reached $25.11 per share on revenue of $41.5 billion, representing a 346% year-on-year increase.

Adjusted gross margin stood at 85%, while adjusted operating margin reached 81%.

The company also projected revenue of around $50 billion for the current quarter, compared with $11.3 billion in the corresponding period last year.

Micron also said customers had committed $22 billion to secure future memory chip supply.

Following the earnings announcement on Wednesday, Micron's shares surged more than 15% in a single session.

The stock has gained approximately 863% over the past year.

The rally briefly pushed Micron ahead of Meta Platforms and close to Tesla in terms of market capitalisation on Thursday.

Micron's market value had peaked at $1.398 trillion on Thursday's session compared with Meta Platforms at $1.392 trillion.

Tesla stood at around $1.4 trillion.

Micron currently has a market capitalisation of $1.37 trillion.

The company first crossed the $1 trillion market valuation mark on May 26, joining a group of semiconductor companies benefiting from investor enthusiasm surrounding artificial intelligence infrastructure.

Micron said second-quarter revenue quadrupled as demand for memory chips continued to outpace supply.

The company described the market as being supported by a demand-driven chip shortage that it expects to continue beyond 2027, marking a change from earlier expectations that supply constraints would ease sooner.

Micron now has 16 long-term chip supply agreements in place.

Growth was primarily driven by the company's two data-centre business segments, which together generated $25 billion in revenue, up 415% from a year earlier.
2026-06-26 14:30 1mo ago
2026-06-26 09:45 1mo ago
Nvidia's AI Memory Supplier Is Coming To Wall Street: Here's Why It Matters For Micron
MU Micron Technology
FMP Stock News
Original source text
• Micron Technology stock is feeling bearish pressure. What’s pressuring MU stock?

Rather than hurting Micron, analysts say the listing could draw greater attention to the entire memory sector at a time when AI demand continues to drive what many see as a multiyear industry upcycle.

SK Hynix’s ADR Could Broaden The AI Memory TradeDi Zhou, portfolio manager at Thornburg Investment Management, said the industry remains firmly in the grip of a memory supercycle.

“We are in the midst of a memory super cycle, with all three major suppliers — Samsung, SK Hynix and Micron — riding the AI-driven demand wave,” Zhou said.

He noted that U.S. investors have historically had limited access to Korean equities because of the lack of ADRs and the complexity of opening local brokerage accounts.

“SK Hynix’s ADR listing expands the investable universe for U.S. investors to access two of the three largest memory suppliers globally,” Zhou said, adding that broader ownership could “potentially narrow its valuation gap with Micron.”

Why Micron Investors Should CareGreater accessibility for SK Hynix may seem like new competition for Micron, but some analysts see the opposite effect.

Paul Meeks, head of technology research at Freedom Capital Markets, believes the listing could lift sentiment across the entire AI memory space.

“SK Hynix is riding the memory wave to this ADR listing. Times have never been better for this industry, which I’ve covered since the 1980s,” Meeks said.

“I think that the PR/IR around this listing will be a boon to all the companies in this group here and abroad, including our own MU,” he added.

The comments suggest that rather than shifting investor interest away from Micron, SK Hynix’s Wall Street debut could increase awareness of the broader AI memory trade, bringing fresh capital and analyst attention to a sector benefiting from soaring demand for AI servers.

For Micron investors, that could mean the arrival of a new competitor on U.S. exchanges also becomes a catalyst that shines a brighter spotlight on one of the semiconductor industry’s fastest-growing segments.

Image via Shutterstock

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2026-06-26 14:30 1mo ago
2026-06-26 10:02 1mo ago
Micron's Blockbuster, AI-Fueled Results Ignite Huge Rally for Memory Stocks
MU Micron Technology
FMP Stock News
Original source text
The rally for memory stocks is back on, with Micron leading the way.
2026-06-26 14:30 1mo ago
2026-06-26 10:07 1mo ago
Here's Wall Street's average price target for Micron stock
MU Micron Technology
FMP Stock News
Original source text
HSBC has sharply raised its Micron (NASDAQ: MU) stock price target from $1,100 to $1,700, marking yet another upward revision for the semiconductor company. 

For context, the bank’s first Micron target this year was $350, showing how quickly sentiment around memory has shifted as demand for artificial intelligence (AI) continues to accelerate.

Of course, Micron’s financial results have also helped build investor confidence, with fiscal third-quarter revenue of $41.46 billion and adjusted earnings per share (EPS) at $25.11. 

At the center of this strength has been high-bandwidth memory and DRAM employed by data centers, which have effectively turned memory into one of the key constraints in the AI supply chain. 

Micron price target raised to $2,000 at Barclays Barclays has also increased the firm’s price target on Micron from $1,175 to $2,000, and it keeps an ‘Buy’ rating on the shares following the earnings report. 

The new price comes as Barclays cautions that equity markets may be heading into a volatile summer, as rising real yields and a strengthening U.S. dollar drive a rotation away from this year’s momentum leaders.

According to Barclays, real rates have broken out of their year-to-date trading range while the dollar has surged higher. The shift has weighed heavily on 2026’s strongest-performing trades, including AI.

Still, Barclays struck a more constructive tone on semiconductors, saying that strong results from Micron reinforce the view that AI-related demand remains strong. 

Wall Street Micron consensus As of press time, Wall Street’s average price target for Micron stock is $1,526, implying nearly 26% upside from the current price, as per TipRanks estimates.

Micron stock price target. Source: TipRanks With 28 ‘Buy’ and just one ‘Hold’ rating in the past 90 days, Micron is on average rated a ‘Strong Buy.’

Featured image via Shutterstock

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2026-06-26 14:30 1mo ago
2026-06-26 08:26 1mo ago
European Regulator Calls for Amgen's Tavneos to Have Authorization Revoked
AMGN Amgen
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The committee is recommending that no new patients start treatment with Tavneos and that existing patients be switched to suitable alternatives.
2026-06-26 14:30 1mo ago
2026-06-26 08:00 1mo ago
Americans Across Party Lines Back Policies to Improve Housing Affordability: Redfin Survey
RDFN Redfin
FMP Stock News
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SEATTLE--(BUSINESS WIRE)--Most Americans support government policies that would help make housing more affordable. Roughly four in five (79%) U.S. residents believe there should be tax breaks for first-time homebuyers, and 77% believe there should be policies that make homes more affordable. This is according to a new survey fielded to 4,000 U.S. residents in May 2026 by Ipsos and commissioned by Redfin, the real estate brokerage powered by Rocket. Three-quarters (76%) of U.S. residents say the.
2026-06-26 14:29 1mo ago
2026-06-26 10:01 1mo ago
Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
OXY Occidental petroleum
FMP Stock News
Original source text
Occidental Petroleum (OXY - 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 oil and gas exploration and production company have returned -10.7% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Oil and Gas - Integrated - United States industry, to which Occidental belongs, has lost 11.1% over this period. Now the key question is: Where could the stock be headed in the near term?

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

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

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, Occidental is expected to post earnings of $1.89 per share, indicating a change of +384.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +24.7% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $5.79 points to a change of +162% from the prior year. Over the last 30 days, this estimate has changed +8.5%.

For the next fiscal year, the consensus earnings estimate of $4.29 indicates a change of -25.8% from what Occidental is expected to report a year ago. Over the past month, the estimate has changed +17.9%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Occidental is rated Zacks Rank #3 (Hold).

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

12 Month EPS

Projected Revenue 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 Occidental, the consensus sales estimate of $7.23 billion for the current quarter points to a year-over-year change of +12%. The $26.35 billion and $24.47 billion estimates for the current and next fiscal years indicate changes of +3.6% and -7.1%, respectively.

Last Reported Results and Surprise HistoryOccidental reported revenues of $5.11 billion in the last reported quarter, representing a year-over-year change of -25.3%. EPS of $1.06 for the same period compares with $0.87 a year ago.

Compared to the Zacks Consensus Estimate of $5.5 billion, the reported revenues represent a surprise of -7.03%. The EPS surprise was +63.08%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates times over this period.

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

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.

Occidental is graded A on this front, indicating that it is trading at a discount 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 Occidental. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-26 14:29 1mo ago
2026-06-26 10:06 1mo ago
Big Tech's Quiet Diversification Out of Taiwan Is the Ultimate Catalyst for Intel's Turnaround
TSM Taiwan Semiconductor
FMP Stock News
Original source text
© gorodenkoff / Getty Images

Intel (NASDAQ:INTC | INTC Price Prediction) and Taiwan Semiconductor Manufacturing (NYSE:TSM) both posted Q1 2026 results that frame the same question from opposite sides: who builds the world’s most advanced chips, and where. TSMC remains the engine of AI silicon. Intel is the Western alternative hyperscalers are quietly funding. Geography matters more than the numbers.

Foundry Bets Lift Intel. AI Wafers Carry TSMC. Intel’s Q1 came in at $0.29 in non-GAAP EPS on $13.58B revenue, with Data Center and AI up 22% YoY and Foundry up 16% YoY. CEO Lip-Bu Tan stated: “The next wave of AI will bring intelligence closer to the end user… This shift is significantly increasing the need for Intel’s CPUs and wafer and advanced packaging offerings.” A $4.07B Mobileye-related restructuring charge dragged GAAP results into a loss.

TSMC’s quarter was cleaner. Q1 revenue hit NT$1,134.10B, up 21.4% YoY, and net income jumped 43.82% to NT$572.48B. Gross margin reached 66.2%, a profitability profile Intel cannot match today. April monthly revenue rose 17.5% YoY, confirming AI wafer demand is accelerating.

Western Subsidies vs. Taiwanese Scale Intel’s foundry roadmap anchors a politically insulated U.S. manufacturing base: $8.9B in CHIPS Act funding, a $5.0B NVIDIA equity investment, $2.0B from SoftBank, and Intel 18A ramping at Fab 52 in Arizona. Xeon 6 was selected as the host CPU for NVIDIA’s DGX Rubin NVL8 systems. Intel joined the Terafab project alongside SpaceX, xAI, and Tesla. Hyperscalers are realizing that relying on a single island for over 90% of advanced chip fabrication is an unsustainable operational risk.

TSMC is diversifying with fabs in Arizona, Japan, and Germany, with its Arizona tax credit rate raised from 25% to 35%. Customer concentration is striking: the top 10 customers represent 84% of accounts receivable. Most leading-edge research stays in Hsinchu.

Lens Intel TSMC Core Bet U.S. foundry as secure second source Taiwan-anchored leading-edge dominance Key Vulnerability Execution on 18A yields and customer wins Geopolitical concentration risk Profit Engine Xeon, advanced packaging, foundry ramp 3nm and 2nm AI wafers The Next Test Is Intel 18A Customer Wins Watch whether Intel converts its Google ASIC partnership and NVIDIA wafer relationship into named 18A foundry customers before management decides on the Intel 14A go-ahead. For TSMC, monitor whether the 2D transistor and CoPoS packaging roadmap stays on schedule while Arizona expansion absorbs more capex. Intel guided Q2 to $13.8B-$14.8B in revenue with non-GAAP EPS of $0.20, so the margin path matters more than the headline.

Why Intel Offers Asymmetric Upside Intel fits investors seeking exposure to the structural reshoring trade, even with restructuring noise and a CFO who trimmed shares at $109.82. The stock is up 256.78% YTD, so the easy money is gone, but the foundry thesis has years to play out. TSMC remains the better business by every operating metric, with 46.5% profit margin proving it. TSMC may appeal to investors prioritizing quality compounding. If China-Taiwan tensions cool meaningfully, the relative case for TSMC strengthens. Until then, Intel’s political insulation is the edge the market is still underpricing.
2026-06-26 14:29 1mo ago
2026-06-26 09:36 1mo ago
Abbott vs. DexCom: Which CGM Stock Is the Better Option Right Now?
ABT Abbott
FMP Stock News
Original source text
Key Takeaways Abbott faces Diagnostics weakness, China uncertainty and EPS dilution from the Exact Sciences deal.DXCM is expanding CGM adoption through new products, broader coverage and global market growth.DXCM reiterated 2026 revenue growth guidance of 11%-13% and expects wider G7 15 Day adoption. With the rising prevalence of diabetes worldwide, the demand for more efficient and real-time glucose monitoring solutions has intensified. Abbott (ABT - Free Report) and DexCom (DXCM - Free Report) are among the leading players in the continuous glucose monitoring (CGM) device market, valued at $13.4 billion in 2025 by Grand View Research.

Healthcare giant Abbott’s businesses span cardiovascular care, diagnostic testing, nutrition, pain and movement disorders, with Diabetes Care being a consistent top-line driver for the past several quarters. On the other hand, DexCom is a pure-play CGM company whose target market consists mainly of people with Type 1 and Type 2 diabetes using insulin therapy, as well as certain non-insulin users who struggle with hypoglycemia.

Here’s a closer look at both companies to determine which stock offers the more compelling investment opportunity today. 

The Case for Abbott

Abbott’s flagship, sensor-based CGM system, FreeStyle Libre, has quickly established global leadership across both Type 1 and Type 2 diabetes. CGM sales reached $2 billion in the first quarter of 2026, up 7.5% year over year, though growth was affected by a delay in an international tender renewal and a difficult prior-year comparison tied to shelf restocking dynamics. CGM growth is forecasted to return to double-digits in the second quarter.

Abbott’s CEO also remains bullish on the long-term CGM opportunity, estimating that 70-80 million people globally should be using CGMs compared with the current market of roughly 10-12 million users. Recently, the company secured CE Mark for the first-ever dual glucose-ketone sensing technology for people with diabetes, branded as Libre Duo and Libre Duo 10 Day.  The systems continuously measure glucose and ketone levels every minute and will integrate with the Libre digital health ecosystem.

Beyond Diabetes Care, Abbott’s Core Lab Diagnostics business is seeing robust demand across the United States, Europe and Latin America. However, Core Lab trends were flat in China, with the company continuing to expect a weaker market for the full year despite lapping prior pricing actions.

The March 2026 acquisition of Exact Sciences added a Cancer Diagnostics business, expanding presence in one of the fastest-growing areas of healthcare. Even so, the deal introduces a $0.20 dilution to the 2026 adjusted EPS guidance of $5.38 to $5.58.

Abbott’s Rapid and Molecular Diagnostics business suffered from lower demand for respiratory virus testing due to a much weaker respiratory season compared to last year. Management is taking a cautious view and is not assuming the shortfall will recover later in the year. The Established Pharmaceuticals Division benefits from branded generics positions in faster-growing geographies. Abbott is focused on restoring a healthier balance between price and volume over time in Nutrition, while its Medical Devices segment is gaining from scale advantages and new product cycles across the franchises.

Take a look at how analysts are projecting Abbott’s bottom line.

Image Source: Zacks Investment Research

The Case for DexCom

DexCom is benefitting from broader access to its CGM product portfolio, continued active base growth and new product launches. The company has partnered with several insulin delivery systems manufacturers to integrate its CGM products, with more than one million CGM users now connected to an automated insulin delivery (AID) system worldwide.

Internationally, DexCom’s 2026 first-quarter growth was widespread across core markets, with notable strong performance in countries such as France and Canada, where access has recently expanded. Management outlined a targeted international strategy aimed at gaining share through reimbursement progress and a portfolio tailored to local channels, including DexCom One+ in Europe. 

In the quarter, DexCom made an expanded rollout of the G7 15 Day sensor across all U.S. channels. The platform is now available with all U.S. pump partners, helping minimize friction for AID users who upgrade within the installed base. DexCom expects nearly 50% conversion of the U.S. base to the 15-day sensor by year-end 2026, with an international launch expected to begin in the second half of the year. The company also introduced its next-generation G8 roadmap, designed to deliver a step-change improvement in glucose performance with a smaller form factor and self-adapting sensor.

DexCom continues to build out its software ecosystem, adding engagement tools for Stelo, including enhanced Smart Meal Logging features, and it has been expanding provider-facing capabilities through Direct EHR Integration. More than 320 health systems have already integrated or are in the process of onboarding this capability across the United States and international markets. 

The company also continues to expand insurance coverage for its CGM sensors, particularly among Type 2 diabetes patients. The three largest U.S. Pharmacy Benefit Managers now cover DexCom CGM for all people with diabetes, including those with type 2 not using insulin. 

ABT also reiterated its 2026 revenue guidance, calling for 11% to 13% growth over 2025 levels. Take a look below at how the company’s earnings estimates are shaping up. 

Image Source: Zacks Investment Research

ABT & DXCM: Price Performance and Valuation

Year to date, ABT shares have declined 25.6%, whereas DexCom shares have climbed 4.1%.

Image Source: Zacks Investment Research

Abbott is trading at a forward, five-year Price/Sales (P/S) of 2.99X, below its median of 4.63X. Meanwhile, DXCM sits with a five-year P/S of 4.88X, also lower than its median of 9.93X.

Image Source: Zacks Investment Research

Conclusion

Both companies are poised to benefit from the long-term growth trends of the CGM market. However, Abbott continues to face respiratory testing volatility in Diagnostics, dilution risk following the Exact Sciences acquisition and ongoing uncertainty in China. DexCom is gaining from elevated CGM demand worldwide, new product launches and expanding coverage for its sensors.

While DexCom trades at a premium to Abbott, it remains well below its historical median. The stock has also delivered stronger YTD performance relative to Abbott. Coupled with positive earnings estimate revisions, existing DXCM holders may find it prudent to stay invested to enjoy growth prospects. Meanwhile, those holding ABT stock may find it wise to sell for now until the short-term operating visibility improves.

DXCM carries a Zacks Rank #3 (Hold), while ABT has a Zacks Rank #4 (Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-26 14:28 1mo ago
2026-06-26 09:00 1mo ago
Morgan Stanley Wealth Management Expands Access to Private Markets and Alternatives with PMAX - Balanced and PMAX - Growth Funds
MS Morgan Stanley
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management announced that it has expanded access to the Morgan Stanley Private Markets and Alternatives Fund ("PMAX") by registering it as PMAX - Balanced. This change removes the accredited investor requirement, lowers minimum investment amounts, and introduces daily subscriptions, making private market strategies accessible to a broader range of clients through a simplified, professionally managed investment vehicle.

Morgan Stanley Wealth Management is also adding to its PMAX product suite with the launch of PMAX - Growth, a fund with a growth-focused allocation, and plans to introduce additional strategies with targeted investment objectives.

Historically, access to private markets was primarily limited to institutions and ultra-high-net-worth investors, but the PMAX fund platform now broadens access to institutional-quality private market investment managers for more clients.

This expansion comes as private markets continue to gain momentum. Global Alternatives AUM is expected to exceed $30 trillion in 2030, up from less than $10 trillion a decade ago, driven by companies staying private longer and increasing investor demand for opportunities beyond public markets.1 Over the same period, the number of public companies has declined significantly, while 84% of companies generating $100 million or more in revenue remain private.2

Morgan Stanley Wealth Management continues to see substantial growth in alternative investments, with over $300 billion in client assets under management.3 This achievement positions the Firm as a leading provider of alternative investment solutions in the wealth management sector and underscores its 45-year history of excellence in this space, extensive resources, and a dedicated team of nearly 350 alternatives professionals.

“Our PMAX platform reflects our commitment to broadening access to private markets through innovative products designed to meet a wider range of client needs,” said Alison Nest, Head of Investment Solutions Products. “By expanding the platform and making it easier to invest, we are giving clients and advisors more ways to build diversified portfolios aligned with their investment objectives.”

PMAX platform overview

PMAX - Balanced, with currently over $1B in AUM4, is a multi-manager portfolio offering diversified exposure across private equity, private credit, real estate and infrastructure through a simplified, single-ticket evergreen vehicle. With a diversified allocation across these strategies, it seeks to offer the potential for risk-adjusted higher returns, income and lower correlation relative to traditional investments.

PMAX - Growth is a growth-oriented private markets approach for clients seeking increased exposure to long-term capital appreciation opportunities. The fund provides diversified exposure to private equity through a curated, multi-manager portfolio across sectors, geographies and vintages, combining growth‑oriented and buyout strategies that seek to pursue long‑term capital appreciation while providing diversification.

The funds require a $10,000 initial investment and $5,000 for subsequent contributions. The funds permit daily purchases and allow clients to benefit from consolidated tax reporting and fully funded exposure without capital calls. Additionally, the streamlined investor experience removes the need for subscription documents, making the process simpler and more efficient for clients.

The funds are closed-end investment companies and do not offer daily redemptions. Liquidity is anticipated only through limited quarterly repurchase offers that occur at the discretion of each fund's Board of Trustees.

“The PMAX platform brings together Morgan Stanley Wealth Management’s scale, alternatives expertise and manager access in a way that is designed to make private markets investing more accessible and more flexible for clients,” said Brian Holzer, Head of Alternative Investments Distribution. “With these offerings, we are continuing to build a differentiated platform that helps advisors deliver institutional-quality private market strategies.”

Investment approach

The funds utilize the intellectual capital of Morgan Stanley Wealth Management’s Global Investment Committee for asset allocation and Global Investment Manager Analysis team for manager selection and due diligence.

PMAX - Balanced targets allocations to private equity, private credit and real assets. This calibrated mix is designed to pursue higher risk-adjusted returns, income and diversification across private market strategies that may have lower correlation to public markets. The strategy also seeks diversification across sub-strategy, geography, sectors and managers, while retaining flexibility to incorporate additional strategies as opportunities arise.

PMAX - Growth targets allocation ranges that emphasize buyout strategies, as a core component, complemented by growth equity and venture capital and other opportunistic strategies. Overall, the approach focuses on diversification within private equity through manager selection, asset allocation, and periodic rebalancing, with the goal of seeking attractive risk‑adjusted returns over time.

About Morgan Stanley Wealth Management

Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products, annuities and insurance, retirement and trust services.

About Morgan Stanley

Morgan Stanley (NYSE MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For more information, visit www.morganstanley.com.

Important Information

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy any securities, nor does it constitute investment advice or a recommendation of any kind.

The PMAX funds are closed-end investment companies with limited to no liquidity. Shares are not listed on any securities exchange and no secondary market is expected to develop. Shareholders do not have the right to require the funds to redeem their shares. The funds may offer to repurchase shares on a quarterly basis in an amount not to exceed 3% of each fund's net asset value, subject to the discretion of each fund's Board of Trustees. No assurances can be given that a fund will conduct a repurchase in any given quarter and investors should not expect to be able to sell their shares regardless of how a fund performs.

The funds invest primarily in private market strategies for which valuations are generally provided on a quarterly basis by the underlying portfolio fund managers, while the funds calculate their net asset value and offer shares on a daily basis. Accordingly, the daily net asset value of a fund's shares may not fully reflect the current fair value of the fund's underlying investments and may be subject to adjustment as updated valuations become available.

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Investors should carefully read the applicable prospectus before investing for a more complete description of the risks involved. Copies of the prospectus may be obtained by contacting your Morgan Stanley Financial Advisor.

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© 2026 Morgan Stanley Smith Barney LLC. Member SIPC. Alternative investment securities discussed herein are not covered by the protections provided by the Securities Investor Protection Corporation, unless such securities are registered under the Securities Act of 1933, as amended, and are held in an MSWM Individual Retirement Account.
2026-06-26 14:28 1mo ago
2026-06-26 08:30 1mo ago
Broadcom Stock Is Down More Than 22% From Its Peak and Worth a Closer Look
AVGO Broadcom
FMP Stock News
Original source text
The tech sector has been under some pressure recently, and one stock that has been hit hard is Broadcom (AVGO 2.52%). After hitting a record high of $495 in early June, the stock has now lost more than 22% of its value.

The stock took an initial hit following its fiscal Q2 earnings results, as it failed to lift its fiscal 2027 guidance for AI chip revenue. This seemed to be a clear overreaction, as there was no real reason for Broadcom management to raise a forecast more than a year away. The company is still projecting that its AI chip revenue will grow to well over $100 billion in fiscal 2027, a huge number given that it produced under $64 billion in fiscal 2025 revenue.

Image source: The Motley Fool.

Time to buy the dip on Broadcom The sell-off in Broadcom stock has brought its valuation down to a forward price-to-earnings (P/E) ratio of around 19.5 times fiscal 2027 analyst estimates. That's cheap for a stock that is riding two powerful market trends set to see explosive growth in the coming years.

The first trend Broadcom is riding is hyperscalers (owners of large data centers) looking to replace Nvidia's graphics processing units (GPUs) with cheaper alternatives for their AI workloads, especially for inference, which is an ongoing cost. The company is a leader in ASIC (application-specific integrated circuit) technology and helped Alphabet develop its highly successful Tensor Processing Units (TPUs). Alphabet plans to spend up to $190 billion in capital expenditures (capex) this year, with further increases next year, and much of that spending will go toward TPUs.

It has also allowed Anthropic to place TPU orders directly with Broadcom, including $21 billion worth to be delivered this year. The three companies recently extended their partnership for future TPU iterations.

The success of TPUs has also led other hyperscalers, including OpenAI, to begin developing their own custom AI chips with Broadcom's help. The company's list of AI ASIC customers is growing, and between its TPU business and new customers, this business is set to see strong growth in the coming years.

Today's Change

(

-2.52

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-9.56

Current Price

$

369.35

At the same time, Broadcom is a leader in data center networking and co-packaged optics (CPO), two areas becoming increasingly important as AI cluster sizes continue to grow. Larger clusters require faster connectivity, making networking a critical component of overall system performance. This complements Broadcom's growing custom AI ASIC business, as customers often need both AI chips and networking solutions simultaneously. Broadcom's expertise in CPO could also provide an additional competitive advantage over time as hyperscalers seek to address power and bandwidth constraints.

Given its strong growth prospects and attractive valuation, I'd be buying this AI stock on this dip.
2026-06-26 14:27 1mo ago
2026-06-26 09:29 1mo ago
Air Products Publishes 2026 Sustainability Report
APD Air Products
FMP Stock News
Original source text
, /PRNewswire/ -- Air Products (NYSE: APD) today published its 2026 Sustainability Report. The report provides stakeholders with economic, environmental, and social performance data, based on fiscal year 2025 information.

To view the complete 2026 Sustainability Report, visit Air Products' Sustainability website.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

Cautionary Note Regarding Forward-Looking Statements

This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

SOURCE Air Products
2026-06-26 14:27 1mo ago
2026-06-26 10:15 1mo ago
Rockwell Automation, Inc. (ROK) Hits Fresh High: Is There Still Room to Run?
ROK Rockwell Automation
FMP Stock News
Original source text
Shares of Rockwell Automation (ROK - Free Report) have been strong performers lately, with the stock up 5.4% over the past month. The stock hit a new 52-week high of $486.47 in the previous session. Rockwell Automation has gained 23.2% since the start of the year compared to the 14.2% move for the Zacks Computer and Technology sector and the 80% return for the Zacks Electronics - Miscellaneous Products 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 May 5, 2026, Rockwell Automation reported EPS of $3.3 versus consensus estimate of $2.89.

For the current fiscal year, Rockwell Automation is expected to post earnings of $12.95 per share on $8.97 in revenues. This represents a 22.98% change in EPS on a 7.52% change in revenues. For the next fiscal year, the company is expected to earn $14.53 per share on $9.46 in revenues. This represents a year-over-year change of 12.21% and 5.51%, respectively.

Valuation MetricsThough Rockwell Automation has recently hit a 52-week high, what is next for Rockwell Automation? 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 they provide investors with an additional way to sort 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.

Rockwell Automation 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 37X current fiscal year EPS estimates, which is a premium to the peer industry average of 29.5X. On a trailing cash flow basis, the stock currently trades at 30.9X versus its peer group's average of 21X. Additionally, the stock has a PEG ratio of 3.08. 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, Rockwell Automation currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.

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 Rockwell Automation meets the list of requirements. Thus, it seems as though Rockwell Automation shares could have a bit more room to run in the near term.