Track market-moving stories before they get noisy

Unity's CEO just mapped out a path for a Google-built game creation platform to reach living room consoles, and the market is starting to listen. But with the product unlaunched and the console goal still a stated hope, the 2%…

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Shares of Unity Software (NYSE:U | U Price Prediction) are pulling away from the rest of the gaming group after the company’s chief executive described how a new creation platform built with Alphabet‘s (NASDAQ:GOOGL) Google could eventually reach game consoles. Unity stock is at $46.51, up 2% in morning trading. For reference, the 52-week high for Unity stock is $52.15, and the shares haven’t reached that level today.

Meanwhile, Roblox (NYSE:RBLX) stock is at $46.24, down 0.4%, a muted reaction in the shares of the company whose own creator platform sits closest to the new product. Similarly, Take-Two Interactive (NASDAQ:TTWO) stock is at $204.94, up 0.5%, barely moving alongside Roblox stock.

Elsewhere, for a sector read, the VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) is unchanged at $97.32. A broad-market gauge, the SPDR S&P 500 ETF Trust, is at $774.22, down 0.4%. With both funds close to flat and the two gaming peers barely moving, the gain in Unity stock traces to company-specific news.

Bromberg Maps Spark From the Web to Consoles Unity and Google announced their artificial intelligence gaming partnership. Speaking on October 7 afterward, Unity chief executive Matthew Bromberg said Unity Spark would launch on the web, move to mobile and ultimately expand to all platforms. Bromberg added that he hopes creators would eventually build console games with Spark. That final step would carry the Google partnership from the browser to the living room, a far bigger goal for Unity than a web launch alone.

In Bromberg’s framing, Unity’s long-standing advantage is its position as a build once, distribute everywhere platform. His stated aim is letting a new class of creators make a real piece of interactive entertainment rather than low-quality generated content. Such a pitch puts Spark as an on-ramp to serious game making at Unity, with the company’s paid tools waiting further down the road.

Three Business Models, Three Different Reactions Unity sells the engine and subscription development tools that studios build on, and the company monetizes advertising through its own network as a second business, with a free, prompt-driven creation layer carrying Google’s distribution broadening the top of the funnel that Unity charges for.

Roblox owns both the building tools and the platform where games are played, so a free Google-backed design layer competes for the same creators Roblox depends on, while Take-Two publishes finished titles through its own labels, which places the company further from the debate over who supplies creator tools. Muted moves in Roblox and Take-Two shares line up with those different exposures.

Unity’s upside depends on creators who start inside a free Google product graduating into paid Unity tools once Spark arrives, which would turn distribution the company couldn’t buy into revenue. On the risk side, Unity Spark has yet to launch, the console goal is so far a stated hope, and Unity stock has already run on an announcement with no revenue attached.

What to Watch Next Spark’s web launch is the first concrete milestone for Unity, followed by the move to mobile that Bromberg outlined. Any detail on console timing would turn Bromberg’s stated hope into something closer to a plan.

The 2% gain in Unity stock prices in a partnership that has yet to produce sales, which argues for patience. Until Spark shows up in Unity’s results, investors should size their U stock positions with the unlaunched product and the open console question in mind.

Contact [email protected] for any questions or corrections.

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AGNC puts

Buy put options on AGNC (e.g., 1–3 month puts) to monetize continued downside toward ~$7.55 while the bearish trend persists. This directly targets the technical path (below $9.40 and under the 50-week EMA) and the rate-shock vulnerability of leveraged agency MBS when hedges don’t fully cover convexity and spreads widen.

Key Risk: A sharp rally in mortgage spreads/rates relief lifts AGNC above $8.88 and crushes put value.

AGNC short

Sell/short AGNC Investment (AGNC). The stock is in an 8-week slide, broke below the 50-week EMA, and a bearish double-top (around $11) with neckline ~$8.88 is already playing out. Trend strength is rising (ADX ~23.8), and price is below the 23.6% Fib ($9.40), setting up a move toward the 50% Fib ($7.55). The 17% yield isn’t stopping the tape—total return is still deeply negative versus peers.

Key Risk: Mortgage rates stop rising and AGNC reclaims $8.88 quickly, signaling the downtrend is over.

AGNC Investment stock has sold off sharply in the past few weeks, and this retreat may continue after it formed the highly bearish double-top pattern. It has slipped for eight consecutive weeks, reaching its lowest level since September 29. It remains down by 23.4% from its highest point this year, bringing its yield to 17%. 

AGNC Investment is a top company in the mortgage industry, where it provides private capital to the housing market by investing in Agency residential mortgage-backed securities on a leveraged basis. 

Its mortgages are backed by Fannie Mae, Freddie Mac, and Ginnie Mae. In its last results, management said that its portfolio is worth more than $97.2 billion. It also ended the quarter with a 7.4x leverage ratio.

The stock has been under pressure in the past few months as investors have focused on rising interest and mortgage rates. US short and long-term interest rates have continued rising in the past few months, with the 10-year hitting 5.33% and the 30-year rising to 5.71%.

US mortgage rates have continued rising, with the average figure to the highest level in over three years. This surge is having a major impact on the business because agency MBS are fixed-rate bonds. As such, when Treasury yields and mortgage rates rise, their prices fall. 

AGNC uses hedges to mitigate these risks with swaps, Treasury futures, and other instruments. The challenge, however, is that hedges cover duration, and not the full convexity profile, while mortgage spreads often widen in rate shocks. Also, its funding costs tend to rise in these conditions.

The most recent results showed that AGNC’s net interest income rose to $305 million in the second quarter, with its total income rising to over $654 million. 

AGNC has now become one of the top yielders in the US, with a dividend yield of nearly 17%. In contrast, the S&P 500 Index is yielding less than 2%. This yield should offset the falling stock price. 

However, the reality is that the stock has continued to underperform other companies. Its total return this year stands at minus 12.67%, compared to the S&P 500 Index’s 14.90% and Realty Income’s minus 1.55%. 

AGNC Investment stock chart | Source: TradingView 

The weekly chart shows that the AGNC share price has slumped in the past few weeks. This retreat happened after forming a double-top pattern at $11 and a neckline at $8.88. A double-top is one of the most common bearish reversal signs in technical analysis.

The stock has now dropped below the 23.6% Fibonacci retracement level of $9.40. It has also slumped below the 50-week Exponential Moving Average (EMA).

At the same time, the Average Directional Index (ADX) has reversed and started rising to the current 23.8. A rising ADX is a sign that the trend is continuing.

Therefore, the stock will likely continue falling, potentially to the 50% Fibonacci retracement level of $7.55. A move above the resistance level of $8.88 will invalidate the bearish outlook.

Chubb (CB - 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 insurer have returned -0.9% over the past month versus the Zacks S&P 500 composite's +1.4% change. The Zacks Insurance - Property and Casualty industry, to which Chubb belongs, has lost 2.3% 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.

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

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

For the current quarter, Chubb is expected to post earnings of $6.29 per share, indicating a change of -16% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.1% over the last 30 days.

The consensus earnings estimate of $27.41 for the current fiscal year indicates a year-over-year change of +10.6%. This estimate has changed +0.2% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $28.78 indicates a change of +5% from what Chubb is expected to report a year ago. Over the past month, the estimate has changed -0.4%.

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, Chubb is rated Zacks Rank #3 (Hold).

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

12 Month EPS

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

For Chubb, the consensus sales estimate for the current quarter of $16.76 billion indicates a year-over-year change of +3.9%. For the current and next fiscal years, $64.15 billion and $66.79 billion estimates indicate +7% and +4.1% changes, respectively.

Last Reported Results and Surprise HistoryChubb reported revenues of $15.77 billion in the last reported quarter, representing a year-over-year change of +6.5%. EPS of $7.26 for the same period compares with $6.14 a year ago.

Compared to the Zacks Consensus Estimate of $15.9 billion, the reported revenues represent a surprise of -0.8%. The EPS surprise was +9.5%.

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

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.

Chubb 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.

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 Chubb. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

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

Over the past month, shares of this company have returned -13.1%, compared to the Zacks S&P 500 composite's +1.4% change. During this period, the Zacks Financial - Miscellaneous Services industry, which Marathon Digital falls in, has lost 9.4%. 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.

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.

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.

Marathon Digital is expected to post a loss of $0.04 per share for the current quarter, representing a year-over-year change of +87.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -21.2%.

For the current fiscal year, the consensus earnings estimate of -$5.25 points to a change of -42.3% from the prior year. Over the last 30 days, this estimate has changed +36.2%.

For the next fiscal year, the consensus earnings estimate of $1 indicates a change of +81% from what Marathon Digital is expected to report a year ago. Over the past month, the estimate has changed -5.2%.

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 #3 (Hold) for Marathon Digital.

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

12 Month EPS

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

For Marathon Digital, the consensus sales estimate for the current quarter of $204.88 million indicates a year-over-year change of -18.8%. For the current and next fiscal years, $795.44 million and $1.07 billion estimates indicate -12.3% and +34.4% changes, respectively.

Last Reported Results and Surprise HistoryMarathon Digital reported revenues of $174.88 million in the last reported quarter, representing a year-over-year change of -26.7%. EPS of -$0.7 for the same period compares with -$0.81 a year ago.

Compared to the Zacks Consensus Estimate of $208.49 million, the reported revenues represent a surprise of -16.12%. The EPS surprise was -25%.

Over the last four quarters, Marathon Digital surpassed consensus EPS estimates times. The company topped consensus revenue estimates just once over this period.

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

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

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

Marathon Digital 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 Marathon Digital. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

September was a solid month for Cloudflare (NET +1.18%) as the stock jumped 13.8%, according to data supplied by S&P Global Market Intelligence.

The broader market edged lower last month, as evidenced by the 0.5% decline of the S&P 500 during the same period. However, Cloudflare -- which makes websites quicker and more secure -- bucked the trend, driven higher by improving investor sentiment and several positive business developments.

Image source: Getty Images.

Key business developmentsIn mid-September, Cloudflare announced the debut of its Accountable designation for artificial intelligence (AI) web crawling. Web crawlers are automated software systems or algorithms that continually browse the internet to index content -- a tool primarily used by search engines to catalog content. In recent years, crawlers have been used to collect data, including text, images, and code, which then form the data sets to train large language models (LLMs) and other AI systems.

Cloudflare's new setting allows customers to choose whether its sites can be "crawled" by AI training systems, and -- if so -- what data can be retrieved. This gives the companies "meaningful control over how their work is used," according to CEO Matthew Prince. Users can choose between search, AI training, and AI agents to determine the level of access crawlers have.

Late last month, Cloudflare unveiled a partnership with Deutsche Telekom, Europe's largest telecommunications provider. As part of the collaboration, the pair will directly interconnect their respective networks, "giving European organizations access to Cloudflare's global cloud platform, one of the largest in the world." Deutsche Telekom will also offer Cloudflare's connectivity cloud and security services to its customers, further expanding its market opportunity in Europe.

Finally, Cloudflare got a little love from Wall Street. Bernstein analyst Peter Weed raised his price target on the stock to $181 from $164 while maintaining a market perform (hold) rating. He notes that investor sentiment has rebounded for cybersecurity stocks as fears of being displaced by AI have been put to rest.

Premium Feature

Moneyball Superscore

87/100

Today's Change

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1.18

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4.03

Current Price

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347.00

So is Cloudflare stock a buy?Cloudflare offers a large and growing suite of compute, storage, AI, networking, developer tools, and security products, and customers have been adopting them in record numbers. In Q2, the company reported accelerating revenue growth that climbed 36% year over year, with record growth in total paying customers, large customers, and developers on its platform, helping to highlight the opportunity ahead.

Renewed optimism has driven Cloudflare stock up 74% so far this year, with a commensurate increase in its valuation. It certainly isn't cheap at 33 times next year's expected sales. That said, the stock has soared 1,800% since its debut in late 2019 (as of this writing), which helps explain why some investors are still willing to pay up for Cloudflare -- and why it's worth a look despite its premium pricetag.

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

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

[Click here for information about joining the class action]

On September 11, 2026, Corning announced entry into an Equity Distribution Agreement with Goldman Sachs to launch an at-the-market equity offering of up to $2 billion of the Company's common stock, advising that "[t]he Company intends to use any net proceeds from the sale of the Common Stock for general corporate purposes."  

Following this announcement, Corning's stock price fell $22.80 per share, or 13.7%, to close at $143.60 per share on September 14, 2026.

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

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:

Danielle Peyton

Pomerantz LLP

[email protected]

646-581-9980 ext. 7980

SOURCE Pomerantz LLP

Key Takeaways NetApp shares surged 147.2% in six months, outperforming the industry, driven by strong business momentum.AI demand and all-flash growth fueled NTAP's 30% revenue growth to $2.03 billion in the Q1'FY27.NTAP's 27.23X forward P/E and rising component costs raise concerns despite strong earnings growth. NetApp, Inc.’s (NTAP - Free Report) shares have surged 147.2% in the past six months, outperforming the Zacks Computer & Technology sector and the Zacks Computer- Storage Devices industry, which gained 28.2% and 59.2%, respectively. The S&P 500 composite is up 15.9% over the same time frame.

The company faces stiff competition from its peers such as Super Micro Computer, Inc. (SMCI - Free Report) , Hewlett Packard Enterprise Company (HPE - Free Report) and Seagate Technology Holdings plc (STX - Free Report) . SMCI, HPE and STX have climbed 93.6%, 191.9% and 61.5%, respectively, in the past six months.

Image Source: Zacks Investment Research

Let us take a closer look at NTAP’s fundamentals, key growth drivers, competitive strengths and potential risks to determine whether the stock remains an attractive investment.

Strong Demand and Broad-Based Business MomentumNetApp is benefiting from robust demand for intelligent data infrastructure, supported by increasing investments in AI, cloud adoption and enterprise modernization. The company's unified data platform, which combines high-performance storage, data management and cyber resilience capabilities, is strengthening its competitive position across diverse industries. NetApp reported revenues of $2.03 billion in the first quarter of fiscal 2027, representing 30% year-over-year growth, or 26% excluding the additional week.

The company witnessed strong demand across customer segments, geographies and workloads, supported by new customer additions, expansion within existing accounts and technology refresh activities. Increasing adoption of its solutions for mission-critical workloads, along with multiyear customer agreements, is expected to sustain growth momentum. Reflecting this strength, NetApp raised its fiscal 2027 revenue guidance to $7.96-$8.26 billion, indicating confidence in its business prospects.

Image Source: Zacks Investment Research

Growing Adoption of All-Flash and Hybrid Storage SolutionsNetApp is benefiting from increasing demand for its all-flash array portfolio as enterprises prioritize storage infrastructure capable of supporting high-performance applications and AI-intensive workloads. In the first quarter of fiscal 2027, all-flash array revenues surged 47% year over year to $1.31 billion, driven by the growing adoption of low-latency, scalable and cyber-resilient storage solutions. The company is witnessing increased traction for its unified storage architecture as customers seek to consolidate workloads, improve operational efficiency and optimize infrastructure spending.

Demand for hybrid-flash solutions is also strengthening, particularly among customers looking to balance performance requirements with cost-effective capacity expansion. NetApp's ability to address diverse customer needs through its broad storage portfolio is supporting competitive wins and expanding its presence in enterprise infrastructure.

AI-Led Modernization Expands Growth OpportunitiesThe accelerating adoption of AI is creating significant opportunities for NetApp as enterprises modernize their data infrastructure to support advanced analytics, AI inference and GPU-intensive applications. The company's platform enables customers to access and process data in place, reducing data movement while maintaining security, governance and operational control. In the first quarter of fiscal 2027, NetApp secured approximately 350 AI and data lake modernization deals, with deal sizes increasing as customers transitioned from pilot projects to production environments. Notable customer wins included Samsung Electronics, a public-sector organization deploying NetApp AFX with NVIDIA SuperPOD, and an Asian neocloud provider developing AI inference services.

The acquisition of DataPelago further strengthens NetApp's AI capabilities by enabling high-performance, in-place data processing. Recently, the company partnered with Diskover Data to extend metadata discovery and governance capabilities across ONTAP and StorageGRID environments. The collaboration is expected to enhance data visibility and management for enterprises handling large volumes of unstructured data, further strengthening NetApp's position in AI-ready infrastructure.

Public Cloud Expansion and Strategic PartnershipsNetApp's public cloud business continues to benefit from enterprise cloud migrations and growing demand for scalable, secure and efficient storage services. Public Cloud revenues increased 28% year over year to $206 million in the first quarter of fiscal 2027, reflecting strong adoption of first-party and marketplace storage offerings. Excluding the additional week, revenues grew 19%. Solutions such as Amazon FSx for NetApp ONTAP and Azure NetApp Files are gaining traction as organizations migrate VMware workloads and modernize applications. The acquisition of JetStream further enhances NetApp's cloud capabilities by strengthening disaster recovery and migration solutions for VMware environments.

Recently, NetApp announced an expanded collaboration with Oracle to bring native ONTAP data management capabilities to Oracle Cloud Infrastructure through a fully managed storage service. The company also unveiled plans to deepen its partnership with SAP to support secure and resilient cloud storage. Additionally, its collaboration with Supermicro aims to deliver integrated AI infrastructure solutions that reduce data bottlenecks and improve GPU utilization. These initiatives are expected to expand NetApp's reach across hybrid-cloud and AI infrastructure markets.

Keystone Momentum and Product InnovationNetApp is witnessing growing adoption of its Keystone storage-as-a-service offering as enterprises increasingly favor flexible consumption models over traditional infrastructure purchases. Keystone revenues increased approximately 65% in fiscal 2026, highlighting sustained customer demand for cloud-like storage consumption. In the first quarter of fiscal 2027, Professional Services revenues increased 15% year over year to $112 million, primarily benefiting from continued Keystone expansion. The company is focusing on attracting new customers and enhancing the offering's capabilities to support broader adoption.

Recently, NetApp introduced Keystone Sovereign, targeting qualified customers in Germany and France with additional regional, operational and data-handling controls designed to address data sovereignty requirements. At its INSIGHT 2026 event, NetApp unveiled Novus, a high-performance file system designed to support GPU-intensive workloads. These developments are expected to strengthen the company's competitive position in regulated industries, AI infrastructure and flexible storage services.

Improving Profitability and Financial FlexibilityNetApp's disciplined operating model and expanding revenue base are supporting profitability and cash flow generation. In the first quarter of fiscal 2027, non-GAAP gross profit increased 29% year over year to $1.43 billion, while operating income surged 61% to $645 million. Non-GAAP operating margin expanded 610 basis points (bps) to 31.9%, reflecting strong operating leverage and effective expense management. Non-GAAP earnings per share increased 66% year over year to $2.58, outpacing revenue growth. The company generated $503 million in operating cash flow and $401 million in free cash flow during the quarter.

NetApp also returned $302 million to shareholders through dividends and share repurchases. Its solid liquidity position, supported by $3.6 billion in cash and short-term investments against $2.5 billion in gross debt, provides financial flexibility to pursue strategic investments and growth initiatives. Backed by encouraging business momentum, NetApp raised its fiscal 2027 non-GAAP earnings guidance to $9.73-$10.03 per share, reinforcing its focus on profitable growth and shareholder returns.

Margin Pressures and Rising Component Costs Remain ConcernsDespite strong business momentum, NetApp faces challenges from rising component costs, an evolving revenue mix and potential fluctuations in customer purchasing patterns. In the first quarter of fiscal 2027, non-GAAP gross margin contracted 50 bps year over year to 70.6%, primarily due to a higher contribution from lower-margin product revenues. Product gross margin declined 150 bps sequentially to 54.6%, reflecting increased component costs, partially offset by favorable pricing. Management expects gross margin to decline sequentially to 67-68% in the second quarter, mainly due to a greater product revenue mix.

Elevated component prices could continue to pressure profitability, despite the company's pricing initiatives and supply management efforts. Moreover, some customers are postponing lower-priority projects or shifting toward hybrid-flash solutions to manage infrastructure spending. The acceleration of certain purchases into the first quarter could also create variability in future demand patterns, while higher inventory levels and continued investments in AI solutions may add to operating complexities. These factors could weigh on NetApp's near-term margin performance despite the favorable long-term demand environment.

NTAP’s ValuationNTAP trades at a forward 12-month price-to-earnings (P/E) of 27.23X, above the industry’s 10.11X. SMCI, HPE and STX trade at a forward 12-month P/E of 10.11X, 17.09X and 19.32X, respectively.

Image Source: Zacks Investment Research

The premium valuation is justified to an extent by the company’s strong growth trajectory, improving profitability, robust demand for its cloud and AI solutions, and favorable long-term growth prospects.

NTAP’s Estimates Revised UpwardThe Zacks Consensus Estimate for NTAP’s earnings for fiscal 2026 has been revised upward over the past 30 days.

Image Source: Zacks Investment Research

The upward estimate revision reflects improving analyst sentiment and indicates growing confidence in NetApp’s earnings prospects.

What Should You Do With NTAP Stock Now?NetApp’s AI-driven demand, strong all-flash storage growth, expanding cloud business and robust cash generation strengthen its long-term growth prospects. However, its premium valuation and margin pressures warrant some caution.

Existing investors may stay invested to benefit from the company’s growth prospects, while new investors can consider buying the stock given its strong fundamentals and favorable earnings outlook.

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

Waymo, the autonomous vehicle technology company under Google parent Alphabet, closed a $5 billion loan from a series of high-profile lenders, including PIMCO, Blackstone, and Sixth Street.

The debt financing — Waymo’s first — comes as the company accelerates its commercial expansion within existing cities while pushing into new markets in the United States, Europe, and Japan. Waymo described the debt financing as an important step in its evolution into a “scaling commercial enterprise.”

Other lenders in the $5 billion loan include Capital Group, Loomis Sayles, T. Rowe Price, Apollo, Blue Owl, Diameter Capital Partners, Franklin Templeton, Fidelity Management & Research Company, HPS Investment Partners, and Oaktree, Waymo said on Thursday. Goldman Sachs served as the sole lead bookrunner.

Until now, Waymo has relied on capital from its parent company and outside investors. In February, Waymo raised $16 billion in equity from investors that pushed its valuation to $126 billion. Dragoneer Investment Group, DST Global, and Sequoia Capital led the funding round. Alphabet, which supported the round, has maintained its position as majority investor. The company raised $5.6 billion in a Series C funding round in 2024, $2.5 billion in 2021, and $3.2 billion in 2020.

A Waymo spokesperson said in an email that the debt financing will give the company financial flexibility to strengthen its balance sheet and position it to “capitalize on the significant opportunities ahead, especially as a scaling business with proven commercial demand and improved road safety outcomes in the communities in which we operate.” 

Formerly a self-driving project within Google, Waymo spent years testing its autonomous vehicle tech on public roads in Silicon Valley and the Bay Area and providing the occasional public or media demo. The company expanded in 2016 to Phoenix, which would become its first robotaxi market.

In August 2023, Waymo received the final necessary permit to operate a robotaxi service and charge for rides in California, a milestone that would kick off a more aggressive commercial playbook. Since then, Waymo has launched in multiple California cities, including Los Angeles, San Francisco, and more recently San Diego. It has also brought its robotaxi service to numerous other U.S. markets, including Austin, Dallas, and Houston in Texas and Miami, Orlando, and Tampa in Florida. Waymo now offers robotaxi services in 15 markets.

Waymo is keen to take its robotaxi services global, too. The company is testing in London and Tokyo and plans to launch in those cities.

The company’s growth has also spurred criticism and increased attention from regulators.

The National Highway Traffic Safety Administration’s Office of Defects Investigation opened an investigation into the illegal behavior of Waymo robotaxis around school buses. The federal safety regulator also launched an investigation after a Waymo robotaxi hit a child near a school. The child, who sustained minor injuries, was struck at about 6 mph. Earlier this year, the National Transportation Safety Board (NTSB) opened its own investigation into Waymo after its robotaxis were spotted illegally passing stopped school buses numerous times in at least two states.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.

You can contact or verify outreach from Kirsten by emailing [email protected] or via encrypted message at kkorosec.07 on Signal.

Ausbil Investment Management Ltd boosted its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Free Report) by 623.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,339 shares of the aerospace company’s stock after purchasing an additional 34,761 shares during the period. Ausbil Investment Management Ltd’s holdings in Kratos Defense & Security Solutions were worth $1,722,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Paradigm Capital Management Inc. NY purchased a new stake in shares of Kratos Defense & Security Solutions in the second quarter worth approximately $34,842,000. Bamco Inc. NY bought a new stake in shares of Kratos Defense & Security Solutions during the 2nd quarter worth approximately $53,746,000. Principal Financial Group Inc. boosted its holdings in Kratos Defense & Security Solutions by 48.0% during the 1st quarter. Principal Financial Group Inc. now owns 1,056,872 shares of the aerospace company’s stock valued at $74,520,000 after acquiring an additional 342,789 shares during the period. Hsbc Holdings PLC boosted its holdings in Kratos Defense & Security Solutions by 187.7% during the 1st quarter. Hsbc Holdings PLC now owns 47,566 shares of the aerospace company’s stock valued at $3,321,000 after acquiring an additional 31,031 shares during the period. Finally, Sequoia Financial Advisors LLC grew its position in Kratos Defense & Security Solutions by 29.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 140,856 shares of the aerospace company’s stock valued at $7,023,000 after acquiring an additional 32,315 shares during the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Kratos Defense & Security Solutions In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $48.78, for a total value of $341,460.00. Following the transaction, the chief financial officer owned 273,511 shares in the company, valued at $13,341,866.58. The trade was a 2.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Marie Mendoza sold 1,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $48.50, for a total transaction of $48,500.00. Following the completion of the transaction, the senior vice president owned 61,200 shares of the company’s stock, valued at $2,968,200. This represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 375,513 shares of company stock valued at $23,597,752 over the last 90 days. Company insiders own 1.50% of the company’s stock.

Key Stories Impacting Kratos Defense & Security Solutions Here are the key news stories impacting Kratos Defense & Security Solutions this week: Positive Sentiment: New contract activity supports the growth outlook. Reports highlighted approximately $100 million in contracts, potentially strengthening Kratos’ revenue visibility across its defense and aerospace programs. Kratos Defense and Security Solutions stock gains on USD 100 million contracts Positive Sentiment: New analyst coverage is bullish. Rothschild & Co. Redburn initiated coverage with a Buy rating and a $70 price target, implying substantial upside from recent trading levels. Rothschild and Co Redburn initiates Kratos coverage Positive Sentiment: Options activity suggests speculative bullish interest. Investors purchased 26,657 call options, about 153% above typical daily call volume. This may indicate traders positioning for a rebound, although it does not guarantee buying in the shares. Neutral Sentiment: The stock has reached a technical pressure point. KTOS touched a new 52-week low near $41.72 after a sharp pullback, while its three-year gain remains substantial. The move may attract value-oriented buyers but also reflects deteriorating investor momentum. Kratos stock hits 52-week low Negative Sentiment: Valuation and cash-flow concerns are weighing on sentiment. Commentary questioned whether Kratos’ share price already reflects future contracts, facilities and defense-technology growth. With a very high price-to-earnings ratio, investors are demanding significant cash-flow improvement. Negative Sentiment: Execution risks remain. Supply-chain constraints and relatively low returns on equity could limit growth, while weakness across peer drone and defense companies has added sector-wide pressure. Kratos growth prospects and risks Kratos Defense & Security Solutions Price Performance Shares of KTOS opened at $41.94 on Thursday. The stock has a market capitalization of $7.87 billion, a PE ratio of 246.71 and a beta of 1.11. The company has a 50 day moving average price of $50.89 and a 200-day moving average price of $56.29. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.99 and a current ratio of 5.54. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $40.92 and a fifty-two week high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS – Get Free Report) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.07. Kratos Defense & Security Solutions had a return on equity of 3.07% and a net margin of 2.03%.The company had revenue of $458.80 million during the quarter, compared to analyst estimates of $410.36 million. During the same quarter in the prior year, the business earned $0.11 earnings per share. Kratos Defense & Security Solutions’s revenue was up 30.5% on a year-over-year basis. Equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth Several research firms have recently weighed in on KTOS. Canaccord Genuity Group lifted their target price on Kratos Defense & Security Solutions from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Stifel Nicolaus cut their price target on shares of Kratos Defense & Security Solutions from $134.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Rothschild & Co Redburn initiated coverage on shares of Kratos Defense & Security Solutions in a research note on Tuesday. They issued a “buy” rating and a $70.00 price target on the stock. Citigroup reiterated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 28th. Finally, Weiss Ratings cut shares of Kratos Defense & Security Solutions from a “hold (c)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $95.06.

View Our Latest Stock Analysis on KTOS

(Free Report)

Kratos Defense & Security Solutions, Inc is a technology company that develops products and systems for national security, defense, and commercial applications. Its offerings support unmanned systems, satellite communications, space operations, missile defense, hypersonic programs, launch systems, and command, control, communications, computers, intelligence, surveillance, and reconnaissance (C5ISR) missions.

The company provides unmanned aerial, ground, and maritime systems, including target drones and other autonomous platforms used for testing, training, and operational missions.

See Also Five stocks we like better than Kratos Defense & Security Solutions Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up Want to see what other hedge funds are holding KTOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Free Report).

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The market expects Snap-On (SNA - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower.

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

Zacks Consensus EstimateThis tool and diagnostic equipment maker is expected to post quarterly earnings of $4.91 per share in its upcoming report, which represents a year-over-year change of +4.3%.

Revenues are expected to be $1.23 billion, up 3.1% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

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

Price, Consensus and EPS Surprise

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

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

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

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

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

How Have the Numbers Shaped Up for Snap-On?For Snap-On, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.24%.

On the other hand, the stock currently carries a Zacks Rank of #3.

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

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

For the last reported quarter, it was expected that Snap-On would post earnings of $4.9 per share when it actually produced earnings of $4.96, delivering a surprise of +1.22%.

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

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

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

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

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

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Neogen Corporation ("Neogen" or the "Company") (NASDAQ: NEOG). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

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

[Click here for information about joining the class action]

On September 29, 2026, the U.S. Food and Drug Administration ("FDA") announced that it had issued a warning letter to Neogen "following an investigation that linked a veterinary wound care product labeled as sterile, Neogen Vet HYCOAT (hyaluronate sodium sterile solution), to serious infections and deaths in horses." The FDA said that "[t]his incident involved at least 20 horse deaths, making it the largest number of horse deaths ever associated with a quality defect in an FDA-regulated veterinary medical product and the most deaths of any animal species linked to microbiological contamination of an FDA-regulated product labeled as sterile" and further stated that "Neogen initiated a voluntary recall of HYCOAT in late January 2026."

On this news, Neogen's stock price fell $0.99 per share, or 7.22%, to close at $12.73 per share on September 29, 2026.

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

Attorney advertising. Prior results do not guarantee similar outcomes.

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

SOURCE Pomerantz LLP

FirstBank has raised its dividend four times in five years, but nearly every loan on its books ties back to a single Caribbean island economy with a growing pile of auto delinquencies and volatile government deposits.

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First BanCorp (NYSE:FBP) has raised its dividend three years running, and every one of those payments depends on the economy of one Caribbean island. FirstBank lends mainly in Puerto Rico and runs smaller operations in Florida and the U.S. and British Virgin Islands. The bank’s geographic breakdown puts Puerto Rico at $10.05 billion, compared with $2.55 billion for the United States. A downturn on the island would hit nearly the whole book, and no mainland region is big enough to buffer it.

A Dividend That Keeps Climbing The quarterly payout was $0.05 in 2020. It rose to $0.14 in 2023, $0.18 in 2025 and $0.20 starting with the February 2026 payment. At $26.51 a share, the stock yields 2.8%. The dividend takes up only about 33% of trailing EPS of $2.36. The left earnings largely fund buybacks. CEO Aurelio Alemán said:

“Our thoughtful and consistent approach to capital deployment resulted in a net payout ratio of 92% during the quarter achieved through share buybacks and dividends.”

Why Capital Strength Equals Dividend Safety A bank’s dividend needs regulatory support as well as management’s approval. Regulators set minimum capital levels and review payout plans, so how much capital a bank holds determines how much it can pay out. First BanCorp ended the second quarter with a CET1 ratio (core equity measured against risk-weighted assets) of 17% and a tangible common equity ratio of 10.08%. Size limits its flexibility, though. With a market value of roughly $4.05 billion, it lacks the funding options available to a large mainland regional bank.

How Puerto Rico’s Big Three Banks Compare Metric First BanCorp Popular Inc. (NASDAQ:BPOP | BPOP Price Prediction) OFG Bancorp (NYSE:OFG) Dividend yield 2.8% 1.89% 2.55% Return on assets (TTM) 1.95% 1.25% 1.81% Trailing P/E 11 11 10 Price-to-book 2.06x 1.59x 1.55x Popular and OFG Bancorp depend on the same island economy. First BanCorp offers the highest yield and the highest return on assets of the three. It also trades at the highest multiple of book value, so investors are already paying for that profitability.

Island Risks Investors Cannot Ignore The local economy looks solid. Unemployment is at 5.7%, companies have announced about $2.2 billion in reshoring projects, and FEMA and HUD funds are still flowing. On the July call, Alemán said:

“Loan growth is accelerating in the second half of the year as business activity in Puerto Rico continues.”

Consumer credit and deposits show weak spots. Retail auto sales were down about 19% year to date as of the Q1 report. In the second quarter, early-stage delinquencies rose about $32.9 million, mainly from a $20.7 million jump in auto finance. Roughly two-thirds of the $274 million deposit increase came from government accounts, which management called volatile. The bank also has $297.5 million in direct Puerto Rico government obligations. Alemán played down the delinquency increase:

“We don’t expect significant upticks from here in those delinquency levels.”

Verdict: The $0.20 Dividend Looks Safe The dividend looks secure. Because it uses only about a third of earnings and the bank has a 17% CET1 ratio, buybacks would be cut long before the dividend if conditions worsened. The stock is up 31.05% this year, even withstanding a 7.02% drop over the past month. One number to track: net charge-offs fell to 49 basis points in the second quarter from 65 basis points the quarter before. If they climb back above 65 while auto delinquencies keep rising, expect buybacks to shrink in the October capital plan.

Contact [email protected] for any questions or corrections.

New agentic AI capabilities compress life and annuities insurance product launch cycles, optimize in-force policy management, and move health plan payment integrity upstream  | Source: EXL

NEW YORK, Oct. 08, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced it has integrated agentic AI across core solutions for insurance and healthcare, combining workflow orchestration, enterprise data intelligence and AI-powered automation to modernize operations and deliver better experiences for its clients. As part of its portfolio of integrated AI-led solutions, EXL is embedding AI agents directly into the offerings where its clients already work. This includes reimagining two of EXL’s industry-leading solutions, EXL LifePRO and EXL Payment Integrity, with AI-powered automation to help modernize operations and deliver better outcomes.

EXL LifePRO Agentic Suite™ addresses a central challenge confronting the life insurance industry: slow product launch cycles. Most life insurers still need eight to ten months to bring a new product to market, a constraint that limits how many products a carrier can launch each year and how quickly it can respond to regulatory or competitive changes. According to a 2025 LIMRA and Bain & Company study, approximately 100 million Americans say they need life insurance but haven’t purchased it, yet just 9.4 million policies were sold in 2024. Carriers are largely competing for the same buyers, leaving a large gap in demand unaddressed.

By automating manual, repetitive workflows, EXL LifePRO Agentic Suite compresses the product launch cycle to as few as 16 weeks, leveraging AI agents to ingest product specifications, interpret rules and rates, and propose executable configurations so teams can focus on reviewing and approval rather than build from scratch. The suite also makes conversions and implementation faster and easier, increasing straight-through processing across the board, with gains ranging from 18-60%, while built-in validation runs scenarios across coverage amounts, channels and jurisdictions, with full audit trails from actuarial, risk, and compliance sign-off. EXL clients have already seen approximately 30-40% reductions in configuration and testing efforts using this newly enhanced capability.

EXL Payment Integrity supports an industry-wide evolution toward real-time loss prevention, as health plans shift from reactive post-payment recovery to pre-pay decisioning. EXL’s agentic AI for payment integrity deploys a coordinated set of AI agents, each with a distinct role, to connect clinical, coding, and payment decisions; automates routine investigations; and routes complex cases to human experts. Unlike fragmented point solutions, EXL's coordinated intelligence compounds across every audit and recovery, continuously closing the gap between insight and realized savings. The effect is measurable: auditors handling high-yield clinical reviews are approximately 50% more productive, and health plans running AI across all audit types see approximately 15–20% per member per month savings growth without adding headcount.

“We’re at an inflection point where AI stops being something you add to work and starts being how work gets done,” said Vikas Bhalla, president and head of AI services and operations at EXL. “These solutions reflect years of domain expertise in insurance and healthcare translated into AI that operates inside the workflow, not on top of it. With EXL LifePRO Agentic Suite, we’re giving life insurers the ability to significantly simplify product launches, minimize complexity for conversions and implementations and increase the straight through processes by three times the average rate. With EXL Payment Integrity, we’re helping health plans shift from chasing overpayments to preventing them, at scale and with confidence.”

To learn more about how EXL is reimagining insurance and healthcare with agentic AI, explore the EXL LifePRO Agentic Suite and EXL Payment Integrity with agentic AI, both available now.

Experience EXL LifePRO Agentic Suite in action at EXL's L&A Insurance Conference, October 11–13; register here.

About EXL

EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL propels enterprises to go beyond AI ambition to impact by combining the power of data, AI, and deep industry context with trusted execution. Our clients include the world's leading corporations across insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 68,000 employees spanning six continents. For more information, visit http://www.exlservice.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

Contact:
Keith Little
Head of Public Relations
[email protected]

Quantum computing has the potential to be the next big breakthrough technology after artificial intelligence (AI), and right now, IonQ (IONQ -1.29%) looks like the best pure play in the space. The reason is accuracy. With $5,000, you could purchase 116 shares of IonQ stock.

One of the biggest current obstacles with quantum computing is that it is error-prone, and with quantum computers doing billions of calculations in seconds, even the tiniest error rate adds up quickly. However, IonQ's trapped-ion approach, with the addition of embedding microwave antennas directly into its chips, has proven to be the most accurate technology thus far. The company has achieved a 99.99% 2-qubit fidelity, giving it a lead in this area.

Image source: The Motley Fool.

More recently, the company announced it has demonstrated the sector's first end-to-end real-time quantum error-correction decoder. Importantly, the company said it achieved this using an off-the-shelf central processing unit (CPU). This is a big breakthrough for the company in its goal of creating and scaling a fault-tolerant quantum computer.

Notably, IonQ wants to take a page out of Nvidia's playbook and not just create a fault-tolerant quantum system, but control the entire ecosystem. It has made important acquisitions in quantum networking, transmission, and sensing. Earlier this year, it acquired its own quantum foundry by buying SkyWater. This vertical integration should help speed up innovation and eventually allow it to scale more quickly.

The one downside to IonQ's approach is that the trapped-ion technique it is using is slower than other quantum technologies. If these faster technologies improve their accuracy, the trapped-ion technique could eventually be surpassed.

Given that quantum computing is an emerging technology, there is a wide range of possible outcomes for where IonQ could trade in 2030. Much will depend on how far along the company is in commercializing its quantum technology by that point.

For its part, in January 2025, the company forecasted that its sales would be around $1 billion in 2030 and that it would be profitable. Notably, the company has made some important acquisitions since then, including SkyWater. The analyst consensus for 2030, meanwhile, is for revenue of $1.95 billion, with a range of $1.63 billion to $2.16 billion. There is also a single-analyst estimate for 2031 of $6.36 billion.

If IonQ's revenue is growing at that type of pace, I'd expect the company to command a forward price-to-sales (P/S) multiple of at least 20 times. Based on the 2031 single-analyst consensus, that would give the company a market cap of around $48.5 billion, or $127 a share, assuming no share dilution.

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It looks like IonQ currently has a few years of runway without needing to issue any more equity, but I would expect another $1 billion raise to keep its balance sheet strong. With dilution (assuming around 20 million shares), that could take that 2030 target down to around $120. That would be about a 280% return on the stock.

With a $5,000 investment, your 116 shares would be worth nearly $14,000 in 2030 if IonQ meets that price target. Of course, the company hitting $2 billion in revenue in 2030 and $6 billion in 2031 will require a major technological breakthrough on IonQ's part. That may not happen, as it's only projected to generate $455 million in revenue this year. As such, while the upside is huge, the stock remains highly speculative.

If IonQ looks close to a quantum computing breakthrough, I also wouldn't be surprised if it gets acquired before then. Companies like Nvidia and Alphabet would likely love to get their hands on this technology when it gets closer to commercialization.

Ausbil Investment Management Ltd cut its position in shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 22.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,803 shares of the industrial products company’s stock after selling 2,859 shares during the quarter. Applied Industrial Technologies accounts for 1.6% of Ausbil Investment Management Ltd’s investment portfolio, making the stock its 21st biggest holding. Ausbil Investment Management Ltd’s holdings in Applied Industrial Technologies were worth $3,257,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Polaris Financial Partners purchased a new stake in shares of Applied Industrial Technologies in the third quarter valued at about $337,000. Cim Investment Management Inc. increased its stake in shares of Applied Industrial Technologies by 7.3% during the 2nd quarter. Cim Investment Management Inc. now owns 2,022 shares of the industrial products company’s stock worth $684,000 after purchasing an additional 137 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of Applied Industrial Technologies by 10.5% during the 2nd quarter. QRG Capital Management Inc. now owns 7,159 shares of the industrial products company’s stock worth $2,421,000 after purchasing an additional 680 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Applied Industrial Technologies by 3.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,508 shares of the industrial products company’s stock worth $1,186,000 after purchasing an additional 117 shares during the last quarter. Finally, Tidal Investments LLC lifted its stake in Applied Industrial Technologies by 9.1% in the 2nd quarter. Tidal Investments LLC now owns 105,068 shares of the industrial products company’s stock valued at $35,529,000 after buying an additional 8,801 shares in the last quarter. 93.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes A number of research firms recently commented on AIT. KeyCorp increased their price objective on Applied Industrial Technologies from $375.00 to $420.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. Oppenheimer boosted their target price on shares of Applied Industrial Technologies from $350.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Bank of America raised their price target on shares of Applied Industrial Technologies from $380.00 to $390.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Mizuho lifted their price target on shares of Applied Industrial Technologies from $355.00 to $400.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Finally, Robert W. Baird boosted their price objective on shares of Applied Industrial Technologies from $317.00 to $400.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Seven analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Applied Industrial Technologies currently has a consensus rating of “Buy” and an average price target of $400.00.

Check Out Our Latest Analysis on AIT Insider Buying and Selling at Applied Industrial Technologies In related news, CFO David K. Wells sold 1,812 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $355.10, for a total transaction of $643,441.20. Following the completion of the sale, the chief financial officer directly owned 32,050 shares of the company’s stock, valued at approximately $11,380,955. This represents a 5.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Peter C. Wallace sold 1,904 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $340.45, for a total value of $648,216.80. Following the completion of the sale, the director owned 22,859 shares of the company’s stock, valued at approximately $7,782,346.55. This represents a 7.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.60% of the stock is owned by corporate insiders.

Applied Industrial Technologies stock opened at $335.05 on Thursday. The stock’s 50-day moving average is $337.04 and its 200-day moving average is $318.87. The company has a market cap of $12.31 billion, a price-to-earnings ratio of 30.57, a price-to-earnings-growth ratio of 2.77 and a beta of 0.85. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.58 and a quick ratio of 1.75. Applied Industrial Technologies, Inc. has a 12 month low of $238.34 and a 12 month high of $374.80.

Applied Industrial Technologies (NYSE:AIT – Get Free Report) last issued its earnings results on Thursday, August 13th. The industrial products company reported $3.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $0.25. Applied Industrial Technologies had a return on equity of 22.17% and a net margin of 8.35%.The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the business earned $2.80 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Applied Industrial Technologies has set its FY 2027 guidance at 11.650-12.150 EPS. Equities analysts anticipate that Applied Industrial Technologies, Inc. will post 11.96 earnings per share for the current year.

Applied Industrial Technologies Company Profile (Free Report)

Applied Industrial Technologies, Inc is a distributor and value-added service provider of industrial products and engineered solutions. The company supplies products used to maintain, repair and operate manufacturing, processing, infrastructure and other industrial facilities, including bearings, power-transmission components, fluid-power equipment, industrial motion products, automation technologies, safety products and related supplies.

In addition to distributing products from leading manufacturers, Applied Industrial Technologies provides technical support, engineering, fabrication, repair and maintenance services.

Featured Stories Five stocks we like better than Applied Industrial Technologies Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up Want to see what other hedge funds are holding AIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report).

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Vann Equity Management LLC acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,016 shares of the semiconductor company’s stock, valued at approximately $1,061,000.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. lifted its position in shares of Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock worth $25,511,649,000 after purchasing an additional 21,798,190 shares in the last quarter. State Street Corp lifted its position in Marvell Technology by 79.3% in the 2nd quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock worth $12,462,011,000 after buying an additional 18,495,866 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Marvell Technology during the 2nd quarter valued at $2,607,795,000. Bank of New York Mellon Corp boosted its stake in shares of Marvell Technology by 153.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock valued at $2,370,604,000 after buying an additional 4,815,725 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of Marvell Technology during the 2nd quarter valued at $1,742,526,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Key Marvell Technology News Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: Marvell raised its FY2028 revenue target to approximately $20 billion, up from $18 billion, and introduced a FY2031 revenue range of $70 billion to $90 billion. The midpoint is substantially above prior Wall Street expectations and reflects accelerating demand for custom AI chips, networking products and optical connectivity. Marvell Technology Lifts 2031 Revenue Goal Positive Sentiment: Management sees a roughly $400 billion AI opportunity, more than $30 in future EPS potential and implied data-center revenue above $30 billion by 2028. Custom ASIC demand from hyperscale customers is the main growth engine as cloud providers seek more efficient, proprietary AI infrastructure. Marvell AI Chip Opportunity Positive Sentiment: Analysts responded with multiple price-target increases, including Bank of America at $400, RBC at $425, Needham at $400, JPMorgan at $360 and Susquehanna at $340. These revisions indicate that Wall Street views the new long-term framework as potentially transformative, although targets remain dependent on successful execution. Marvell Price Target Raised by Bank of America Neutral Sentiment: The outlook would require approximately 54% or more annualized revenue growth for several years. Data-center products already represent about 79% of revenue, increasing exposure to a small number of hyperscalers and their capital-spending cycles. Marvell’s expanded AT&S substrate agreement and announced $5 billion buyback may help support the ramp and shareholder returns. Marvell’s $90 Billion Revenue Goal Negative Sentiment: Higher Treasury yields and oil above $91 are weighing on high-growth technology shares. MRVL also trades at a demanding valuation near 94 times earnings, leaving limited room for missed product launches, supply constraints or weaker AI spending. Recent insider selling adds another cautionary signal, even though some sales may reflect routine compensation-related transactions. What’s Going On With Marvell Technology Stock Thursday? Insiders Place Their Bets In related news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the transaction, the chief operating officer directly owned 227,941 shares in the company, valued at approximately $41,143,350.50. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Murphy sold 7,500 shares of Marvell Technology stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the completion of the transaction, the chief executive officer owned 775,686 shares in the company, valued at $173,280,495.54. This trade represents a 0.96% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 45,000 shares of company stock worth $9,904,225 over the last quarter. 0.12% of the stock is currently owned by company insiders. Analyst Upgrades and Downgrades Several analysts recently issued reports on MRVL shares. Craig Hallum reiterated a “buy” rating and set a $380.00 price objective on shares of Marvell Technology in a report on Wednesday. Roth Capital reaffirmed a “buy” rating and issued a $350.00 target price on shares of Marvell Technology in a research report on Thursday, August 20th. KeyCorp reiterated an “overweight” rating on shares of Marvell Technology in a report on Wednesday. Rosenblatt Securities boosted their price target on Marvell Technology from $240.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, August 25th. Finally, Royal Bank Of Canada increased their price objective on Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $320.82.

Read Our Latest Report on MRVL

Marvell Technology Price Performance Shares of NASDAQ:MRVL opened at $284.68 on Thursday. The stock has a market capitalization of $249.64 billion, a P/E ratio of 93.95, a P/E/G ratio of 2.77 and a beta of 2.26. The business has a 50-day moving average of $233.63 and a two-hundred day moving average of $208.92. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same period in the previous year, the company earned $0.67 EPS. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities research analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, October 9th. Marvell Technology’s dividend payout ratio is currently 7.92%.

Marvell Technology Profile (Free Report)

Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.

Featured Articles Five stocks we like better than Marvell Technology Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL – Free Report).

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, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of lululemon athletica inc. ("lululemon" or the "Company") (NASDAQ: LULU).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

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

[Click here for information about joining the class action]

On September 3, 2026, lululemon reported its financial results for the second quarter of fiscal year 2026.  Among other items, lululemon reported lower-than-expected revenue and sharply lowered its full-year revenue and earnings guidance.  The Company's management attributed its disappointing quarterly results to negative media and social-media commentary, softer-than-planned new-product launches, and weaker store traffic. 

On this news, lululemon's stock price fell $21.16 per share, or 17.38%, to close at $100.61 per share on September 4, 2026.

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

Attorney advertising. Prior results do not guarantee similar outcomes. 

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

SOURCE Pomerantz LLP

COLUMBIA, Md., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced the expansion of the CyberAgents Exchange, powered by Tenable, to further accelerate enterprise security adoption of open source AI agents, skills and MCP servers. Engineered by Tenable using OpenAI GPT cyber models, the CyberAgents Exchange AI Inspector (Exchange Inspector) evaluates selected AI components listed on the Exchange, including an enterprise-grade safety review, which is designed to help organizations more securely deploy in production environments.

The CyberAgents Exchange is an open-source, vendor-agnostic hub where security professionals discover and share AI agents, skills, MCP servers and playbooks built for cybersecurity. Exchange Inspector was developed as part of Tenable’s participation in the OpenAI Daybreak Defense Network.

Exchange Inspector is a three-part vetting process that begins with Tenable One AI Exposure's skills inspection engine, which is designed to detect malicious content, such as prompt-injection and the exposure of hardcoded secrets or customer data. The component then undergoes a frontier model assessment using OpenAI GPT cyber models, followed by expert review by Tenable's security research team.

Tenable carefully selects AI components that have demonstrated measurable results for Exchange Inspector vetting. Featured Exchange Inspector-vetted skills available today include:

SOC Hunter - an AI skill that brings structured, proactive threat hunting to incident response workstations. The contributor, Tenable’s enterprise security team, reports cutting hunt times by 75%. SOC Hunter leverages hypothesis-driven threat hunting using the LOCK pattern across SIEM, EDR, VM, CSPM, CASB and code search.Remediation Priority & Impact Agent - an AI skill that develops a daily prioritization plan for vulnerability remediation by combining live exposure data from Tenable, CISA KEV exploitation, MITRE ATT&CK and attack paths. We estimate the Remediation Priority & Impact Agent can reduce analyst triage time by up to 20X per cycle.Splunk Tenable Cloud Security Skill - a multi-model skill that enables security teams to query and triage Tenable One Cloud Security posture findings already ingested in Splunk using production-safe, count-first SPL via the official Splunk MCP Server, reclaiming dozens of hours of analysts’ time every week.
“With Tenable, security teams can accelerate AI innovation while maintaining rigorous security standards,” said Vlad Korsunsky, Chief Technology Officer, Tenable. “Leveraging Tenable One AI Exposure’s advanced AI discovery engine and frontier assessment using OpenAI GPT cyber models, the Exchange Inspector provides an additional layer of review for this rapidly growing subset of agents, skills and MCP servers before deployment. The CyberAgents Exchange symbolizes trusted AI innovation, enabling CISOs and security teams to deploy AI more safely across the enterprise.”

“The cybersecurity community has come together in a truly meaningful way on the CyberAgents Exchange," said McCall McIntyre, Head of Global Cyber Partnerships, OpenAI. "We are excited to work with Tenable on this important initiative to help deliver the trust layer required to more safely scale agentic AI across the enterprise.”

Read today’s blog, “Inside the Exchange Inspector: How Tenable uses OpenAI GPT cyber models to review open-source AI agents,” for more details on the CyberAgents Exchange components that have been Exchange Inspector-vetted.

AI component inspection is powered by Tenable One AI Exposure – the same skills inspection technology that can secure the agents already running across your environment. Request a demo: http://tenable.com/cyberagents-exchange/try-ai-exposure

For more information and to contribute to the CyberAgents Exchange, please visit: exchange.tenable.com  

About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for over 40,000 customers around the globe. Learn more at tenable.com.

Media Contact:
Tenable
[email protected]

Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipate,” “aim,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “target,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the features, capabilities, performance, availability, and expected impact of the CyberAgents Exchange AI Inspector, Tenable One AI Exposure, and related AI agents, skills, partnerships, and integrations. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, risks and uncertainties detailed in the ‘Risk Factors’ section of our most recent Annual Report on Form 10-K and other filings with the SEC, available at sec.gov. Tenable undertakes no obligation to update these statements as a result of new information or future events, except as required by law.

Huntington Bancshares has held its quarterly payout frozen since late 2021, but a blockbuster acquisition and a bold buyback program are quietly reshaping what the bank can afford to do next for income investors.

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Huntington Bancshares (NASDAQ:HBAN | HBAN Price Prediction) has kept its dividend frozen for years, though a much larger funding base now gives it space to raise. That base is local deposits spread equally across customer types. Consumer banking chief Brant Standridge said during the July earnings call consumer and business deposits each represent 50% of total deposits. The Cadence Bank deal closed February 1, 2026, adding $36.9 billion in loans and $43.5 billion in deposits. Second-quarter net interest income reached $2.1 billion, up 8.5% sequentially. Commercial and industrial loans drove the growth, and commercial real estate balances modestly declined during the quarter, as planned.

Dividend Frozen Since 2021 The question about raising the payout runs into a long pause. Huntington has paid $0.155 per quarter on every record since December 2021. Before that, the payout rose from $0.01 in 2011 to $0.15 by 2019. At $15.16, the $0.62 annual dividend works out to a yield of about 4.09%. Measured against trailing diluted EPS of $1.30, the payout ratio is about 47.7%.

Bank Dividend Yield Payout Ratio Forward P/E Huntington 4.04% 47.7% 9x Fifth Third Bancorp (NASDAQ:FITB) 3.15% 53.7% 11x Regions Financial (NYSE:RF) 3.92% 43.3% 9x Huntington has the highest yield of the three and ties Regions for the lowest forward P/E. Investors have marked it down anyway: the stock is down 10.04% year to date.

Buybacks Come Before Any Raise Bank dividends depend on regulatory capital. CET1 (high-quality common equity as a share of risk-weighted assets) has to stay above required minimums and stress buffers before cash goes out to shareholders. Huntington’s CET1 ratio slid to 10.2% from 10.4% after Cadence. Management is putting extra capital into buybacks first. The board approved a $3 billion authorization, and management plans at least $550 million of repurchases in 2026 and $1.1 to $1.2 billion in 2027. It calls the shares “extraordinarily undervalued.”

“Our strong balance sheet and industry leading liquidity and reserves position us to be a source of strength for our customers and outperformance for our shareholders.”

Three Pressure Points to Track Margin. Management said in July:

“We believe Q2 is the trough for our NIM and expect expansion from here.”

The company forecast to a margin “into the mid to high 320s in the fourth quarter.”

Funding. Deposit costs rose six basis points, five of them from legacy Huntington. Management named the Midwest its most competitive market and described pricing this way: “It is competitive, but we still see it as being rational.”

Credit. Nonperforming assets rose to 0.72% from 0.61%. Even so, management expects net charge-offs in the lower half of the 25 to 35 basis point range. In the Fed’s severely adverse stress scenario, estimated loan losses came to 5.9% of average loans, which management called the second-lowest in its peer group.

Verdict: Room for a Raise, and January Shows When Huntington can afford a higher dividend, and the numbers support a raise. Management’s 2027 EPS target of $1.90 to $1.93 would bring today’s dividend down to about 32.6% of earnings at the low end. That leaves room even with the buyback plan. Check the fourth-quarter results due in January. If the core efficiency ratio lands in the guided mid to low 54% range and CET1 holds at or above 10.2%, the case for keeping the dividend at $0.155 no longer holds up. If either falls short, expect the freeze to stretch into a sixth year.

Contact [email protected] for any questions or corrections.

Chickasaw Capital Management LLC trimmed its position in Enterprise Products Partners L.P. (NYSE:EPD – Free Report) by 3.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,564,870 shares of the oil and gas producer’s stock after selling 162,740 shares during the period. Enterprise Products Partners makes up about 5.8% of Chickasaw Capital Management LLC’s portfolio, making the stock its 8th largest holding. Chickasaw Capital Management LLC owned 0.21% of Enterprise Products Partners worth $162,555,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of EPD. Alps Advisors Inc. boosted its stake in Enterprise Products Partners by 0.6% during the fourth quarter. Alps Advisors Inc. now owns 42,639,131 shares of the oil and gas producer’s stock valued at $1,367,011,000 after buying an additional 260,305 shares in the last quarter. Auto Owners Insurance Co raised its position in Enterprise Products Partners by 3,106.0% in the fourth quarter. Auto Owners Insurance Co now owns 32,060,000 shares of the oil and gas producer’s stock worth $102,784,000 after acquiring an additional 31,060,000 shares in the last quarter. Energy Income Partners LLC acquired a new stake in Enterprise Products Partners in the 2nd quarter valued at about $508,461,000. Bank of America Corp DE acquired a new stake in Enterprise Products Partners in the 2nd quarter valued at about $416,553,000. Finally, BlackRock Inc. bought a new position in shares of Enterprise Products Partners during the 2nd quarter valued at about $255,325,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Enterprise Products Partners Trading Down 0.9% Enterprise Products Partners stock opened at $36.93 on Thursday. Enterprise Products Partners L.P. has a 52 week low of $30.01 and a 52 week high of $40.17. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.66 and a current ratio of 0.93. The firm has a market capitalization of $79.75 billion, a price-to-earnings ratio of 12.82, a P/E/G ratio of 1.37 and a beta of 0.50. The company has a 50 day moving average price of $38.12 and a 200 day moving average price of $37.94.

Enterprise Products Partners (NYSE:EPD – Get Free Report) last announced its earnings results on Wednesday, July 29th. The oil and gas producer reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.09. The company had revenue of $18.27 billion for the quarter, compared to the consensus estimate of $13.69 billion. Enterprise Products Partners had a net margin of 10.79% and a return on equity of 20.67%. The company’s revenue was up 60.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.66 EPS. Research analysts forecast that Enterprise Products Partners L.P. will post 3.02 EPS for the current year. Analysts Set New Price Targets Several equities analysts have recently issued reports on EPD shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $38.00 price objective on shares of Enterprise Products Partners in a research note on Wednesday, June 17th. TD Cowen reissued a “hold” rating and set a $38.00 target price (down from $39.00) on shares of Enterprise Products Partners in a research note on Monday, August 3rd. Weiss Ratings lowered shares of Enterprise Products Partners from a “buy (a-)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. JPMorgan Chase & Co. upped their price target on Enterprise Products Partners from $41.00 to $42.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Finally, Wall Street Zen downgraded Enterprise Products Partners from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 3rd. Seven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Enterprise Products Partners has an average rating of “Hold” and a consensus price target of $40.12.

Check Out Our Latest Research Report on Enterprise Products Partners

(Free Report)

Enterprise Products Partners L.P. is a publicly traded master limited partnership that owns and operates midstream energy infrastructure in the United States. The company transports, stores, processes and exports oil, natural gas, natural gas liquids (NGLs), refined products and petrochemicals.

Its operations include pipelines, natural gas processing plants, NGL fractionation facilities, underground storage, marine terminals and export infrastructure. Enterprise serves producers, refiners, petrochemical manufacturers, utilities and other energy customers by connecting major producing regions with domestic and international markets.

Enterprise Products Partners was founded in 1968 and is headquartered in Houston, Texas.

Featured Articles Five stocks we like better than Enterprise Products Partners Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up Want to see what other hedge funds are holding EPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enterprise Products Partners L.P. (NYSE:EPD – Free Report).

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Wall Street analysts expect Albertsons Companies, Inc. (ACI - Free Report) to post quarterly earnings of $0.33 per share in its upcoming report, which indicates a year-over-year decline of 25%. Revenues are expected to be $18.83 billion, down 0.5% from the year-ago quarter.

Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

In light of this perspective, let's dive into the average estimates of certain Albertsons Companies metrics that are commonly tracked and forecasted by Wall Street analysts.

Analysts expect 'Revenues- Fuel' to come in at $985.50 million. The estimate indicates a change of +8.1% from the prior-year quarter.

Analysts' assessment points toward 'Number of stores at end of quarter' reaching 2,238 . The estimate is in contrast to the year-ago figure of 2,257 .

The consensus estimate for 'Total Square Footage - Retail Square Feet' stands at 111.73 million. The estimate compares to the year-ago value of 112.50 million.

View all Key Company Metrics for Albertsons Companies here>>>

Shares of Albertsons Companies have demonstrated returns of -0.9% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #3 (Hold), ACI is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Key Takeaways Credo's retimer business delivered record revenue, led by Screaming Eagle and Blue Heron growth.Blue Heron supports 224G multiprotocol AI scale-up links, expanding Credo's reach across architectures.Toucan's PCIe Gen 6 compliance positions Credo to benefit as PCIe adoption expands. Credo Technology Group Holding Ltd. (CRDO - Free Report) has rapidly evolved from a niche connectivity semiconductor company into a major supplier to the AI infrastructure ecosystem. While the Active Electrical Cable (AEC) business remains CRDO’s largest revenue driver and continues to expand, its retimer portfolio is emerging as another potentially important growth engine. Credo's fiscal first-quarter revenue reached $479 million, up 114.7% year over year, while management guided for second-quarter revenue of $525-$535 million.

Credo has been aggressively expanding its retimer portfolio. In January 2026, the company introduced Blue Heron, a 224G multiprotocol AI scale-up retimer designed to support UALink, ESUN and Ethernet. The product is intended for applications with extended cable and PCB backplane links and includes telemetry and link-health monitoring. It also made progress in PCIe retimers. Its Toucan PCIe 6.0 technology-capable retimer achieved PCI-SIG compliance at 32 GT/s earlier in 2026. In August, Credo announced that its Toucan Gen6x16 PCIe retimer achieved PCI-SIG 6.x compliance at 64 GT/s and joined the PCI-SIG Integrators List.

The retimer business delivered record revenue, driven by increasing scale-up deployments. The growth was led by its Screaming Eagle retimer at 100G per lane, while the Blue Heron retimer began contributing at 200G per lane. Looking ahead, CRDO expects further opportunities for the Toucan retimer as PCIe Gen 6 adoption expands, while Screaming Eagle and Blue Heron are positioned to benefit from growing demand across Ethernet and UALink. As scale-up architectures continue to evolve, customers are adopting different protocols, topologies and connectivity approaches. CRDO’s ability to support multiple protocols gives it the flexibility to participate across these emerging architectures.

Rising bandwidth needs, a broader multiprotocol portfolio, faster product innovation and strong companywide growth position Credo’s retimer business for further expansion. However, major semiconductor companies and specialized competitors like Astera Labs (ALAB - Free Report) and Broadcom Inc. (AVGO - Free Report) are competing in the retimer and connectivity markets. Maintaining performance, power-efficiency and cost advantages will be essential for CRDO.

CRDO’s Retimer Race: Can It Maintain Its Edge?In July, ALAB expanded its Taurus portfolio with the industry’s first OCP-standard footprint-compatible 3.2T Smart Retimers and Smart Redrivers, designed for 200G-per-lane Ethernet, UALink and ESUN connectivity in AI infrastructure. The new 16-lane Smart Signal Conditioners feature the Smart Swap capability, enabling customers to switch between retimers and redrivers without redesigning circuit boards. Management expects the new offerings to double the Taurus market opportunity to more than $4 billion by 2030. Third-quarter revenue is expected to be $540-$560 million, with the midpoint implying 40% sequential growth, driven by Scorpio X-Series, Aries PCIe 6 retimers and preproduction Taurus shipments.

Broadcom is benefiting from expanding AI infrastructure spending, with custom XPUs and networking driving semiconductor growth while VMware supports infrastructure software. Multi-year engagements with six XPU customers, broader Ethernet adoption and rising AI deployments provide long-term revenue visibility. Broadcom continues to invest in PCI Express switching, optical DSPs, EMLs, VCSELs and continuous-wave lasers. Management expects AI networking revenue to grow at a pace similar to XPUs over the next few years, broadening Broadcom’s content opportunity as AI systems scale. It now expects fiscal 2026 AI revenue of $58 billion, up 186% from fiscal 2025.

CRDO Price Performance, Valuation and EstimatesShares of CRDO have surged 31% in the past month compared with the Electronics-Semiconductors industry’s growth of 1.7%.

Image Source: Zacks Investment Research

In terms of the forward 12-month price/sales ratio, CRDO is trading at 13.56, higher than the Electronics-Semiconductors industry’s multiple of 5.14.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CRDO’s earnings for fiscal 2027 has seen a significant uptick over the past 60 days.

Image Source: Zacks Investment Research

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

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

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

[Click here for information about joining the class action]

On September 8, 2026, Beam issued a press release "announc[ing] updated clinical data from the Phase 1/2 trial evaluating BEAM-302 for alpha-1 antitrypsin deficiency (AATD)."  Although the Company said that "treatment with single-dose BEAM-302 was well tolerated with an acceptable safety profile in both Part A and Part B cohorts", the press release also disclosed that "[t]ransient and predominantly Grade 1 alanine transaminase (ALT) and/or aspartate aminotransferase (AST) elevations were also observed." 

On this news, Beam's stock price fell $2.83 per share, or 9.54%, to close at $26.83 per share on September 8, 2026.

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

Attorney advertising. Prior results do not guarantee similar outcomes. 

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

SOURCE Pomerantz LLP

Trane Technologies plc (NYSE:TT – Get Free Report) declared a quarterly dividend on Wednesday, October 7th. Investors of record on Friday, December 4th will be given a dividend of $1.05 per share on Thursday, December 31st. This represents a $4.20 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, December 4th.

Trane Technologies has decreased its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Trane Technologies has a payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Trane Technologies to earn $17.57 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 23.9%.

Trane Technologies Stock Down 1.9% Shares of NYSE:TT opened at $467.16 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.45. Trane Technologies has a 52-week low of $348.06 and a 52-week high of $505.87. The company has a 50 day moving average of $454.27 and a two-hundred day moving average of $460.81. The company has a market capitalization of $102.78 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of 2.22 and a beta of 1.15.

Trane Technologies (NYSE:TT – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $4.31 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.04. Trane Technologies had a net margin of 13.28% and a return on equity of 35.72%. The business had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the prior year, the firm earned $3.88 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. As a group, analysts forecast that Trane Technologies will post 15.3 earnings per share for the current fiscal year. (Get Free Report)

Trane Technologies plc is a global climate solutions company that develops and provides systems, equipment, services and controls for heating, ventilation, air conditioning and refrigeration. Its solutions are used in commercial buildings, industrial facilities, residential properties, data centers, transportation and other applications where temperature control and energy efficiency are important.

The company operates through two primary areas: Climate Solutions, which includes building heating and cooling systems, building controls, services and energy-management solutions; and Climate Solutions Transport, which provides refrigeration systems for trucks, trailers, shipping containers and other transportation applications.

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Ausbil Investment Management Ltd bought a new stake in Elastic N.V. (NYSE:ESTC – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,402 shares of the company’s stock, valued at approximately $679,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ESTC. Sequoia Financial Advisors LLC acquired a new stake in shares of Elastic in the second quarter valued at about $211,000. Engineers Gate Manager LP boosted its position in Elastic by 43.7% during the second quarter. Engineers Gate Manager LP now owns 129,697 shares of the company’s stock valued at $7,395,000 after purchasing an additional 39,468 shares during the last quarter. Squarepoint Ops LLC boosted its position in Elastic by 1,139.5% during the second quarter. Squarepoint Ops LLC now owns 97,798 shares of the company’s stock valued at $5,576,000 after purchasing an additional 89,908 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Elastic in the second quarter valued at approximately $319,000. Finally, Syon Capital LLC bought a new position in Elastic in the second quarter valued at approximately $3,300,000. 97.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Elastic In other Elastic news, insider Carolyn Herzog sold 5,485 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $87.78, for a total value of $481,473.30. Following the transaction, the insider directly owned 112,954 shares of the company’s stock, valued at $9,915,102.12. This represents a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Mark Dodds sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $92.58, for a total transaction of $925,800.00. Following the sale, the executive owned 278,538 shares of the company’s stock, valued at $25,787,048.04. This trade represents a 3.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,585,641 shares of company stock worth $234,551,366 in the last ninety days. Insiders own 12.70% of the company’s stock.

Elastic Stock Down 1.4% ESTC stock opened at $93.30 on Thursday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $9.80 billion, a PE ratio of 26.14, a PEG ratio of 7.94 and a beta of 1.03. Elastic N.V. has a 1-year low of $42.05 and a 1-year high of $108.00. The business’s 50 day simple moving average is $85.23 and its 200 day simple moving average is $65.67. Elastic (NYSE:ESTC – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.12. Elastic had a net margin of 20.84% and a negative return on equity of 0.35%. The firm had revenue of $478.11 million during the quarter, compared to analysts’ expectations of $469.75 million. During the same period in the previous year, the business posted $0.60 earnings per share. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. Elastic has set its FY 2027 guidance at 3.290-3.370 EPS and its Q2 2027 guidance at 0.800-0.820 EPS. As a group, research analysts anticipate that Elastic N.V. will post 0.65 EPS for the current year.

Analysts Set New Price Targets A number of equities research analysts have recently issued reports on the company. DA Davidson upped their price objective on Elastic from $60.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 26th. Scotiabank raised their target price on shares of Elastic from $58.00 to $84.00 and gave the company a “sector perform” rating in a research note on Friday, August 28th. Guggenheim boosted their target price on shares of Elastic from $106.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Robert W. Baird upped their price target on shares of Elastic from $95.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, August 28th. Finally, Piper Sandler reiterated a “hold” rating on shares of Elastic in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $96.52.

Get Our Latest Stock Report on ESTC

Elastic Company Profile (Free Report)

Elastic N.V. (NYSE: ESTC) develops search, observability and security software for organizations that need to collect, analyze and act on large volumes of data. Its platform helps users search structured and unstructured information, monitor applications and infrastructure, detect security threats and build artificial intelligence-powered experiences.

The company’s principal offerings include Elasticsearch, its distributed search and analytics engine; Kibana, a visualization and data exploration interface; and Elastic Cloud, a managed cloud service for deploying Elastic products.

Featured Stories Five stocks we like better than Elastic Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

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