On June 17, 2026, Booz Allen Hamilton Holding Corp BAH shares fell 3.9%, currently priced at $71.10. Over the past year, the stock has seen a 52-week range between $68.84 and $120.05, reflecting significant volatility.
GF Value™ verdict: Current price of $71.10 versus GF Value™ of $139.80 indicates a 49.1% upside.GF Score™ of 76/100 signifies above-average performance across key metrics.Most notable signal: No insider transactions in the last 3 months suggest stable insider sentiment. Is BAH Overvalued or Undervalued? According to the GF Value™, Booz Allen Hamilton Holding Corp BAH is currently significantly undervalued, with a current price of $71.10 compared to an estimated fair value of $139.80. This represents a substantial margin of safety of 49.1%, which implies that there may be an opportunity for investors if the stock price aligns with its intrinsic value in the future. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
While the stock is undervalued, it is essential to approach this opportunity with caution. The significant price decline over the last year, down 28.6%, may reflect underlying issues within the company or the broader market conditions. Investors should consider these factors before making any decisions.
How Does BAH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 10.3x 23.9x Forward P/E 11.3x N/A The current P/E (TTM) of 10.3x is significantly below its 5-year median of 23.9x, indicating that the stock is trading at a much lower valuation compared to its historical trend. This P/E analysis aligns with the GF Value™ verdict, reinforcing the view that BAH is undervalued and presents a potential opportunity for investors.
What Does BAH's GF Score™ Tell Us? Metric Rating GF Score™ 76 Financial Strength 5/10 Profitability 9/10 Growth 9/10 Valuation 4/10 Momentum 1/10 The GF Score™ of 76/100 indicates that Booz Allen Hamilton Holding Corp has strong fundamentals, particularly in profitability (9/10) and growth (9/10). However, the company's financial strength is average at 5/10, and its momentum ranks the lowest at 1/10, suggesting that the stock has struggled recently in terms of price performance. The combination of these scores indicates a solid business but highlights areas where improvement is needed, especially in terms of momentum.
What Are Insiders Doing with BAH Stock? There have been no insider transactions in the last 3 months for Booz Allen Hamilton Holding Corp. This lack of activity can suggest that insiders are either confident in the company's current valuation or may be waiting for more favorable conditions before buying or selling shares. The absence of insider movement can sometimes indicate stability, but it may also reflect a lack of urgency or optimism regarding future performance.
What This Means for Investors Based on the GF Value™ analysis, Booz Allen Hamilton Holding Corp BAH is currently undervalued with a significant margin of safety. The company's strong profitability and growth rankings further support this assessment, although the weak momentum and average financial strength warrant careful consideration. Overall, BAH presents an intriguing opportunity for investors looking for value in the current market.
For the complete analysis, visit the Booz Allen Hamilton Holding Corp BAH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is BAH's GF Score™?
BAH's GF Score™ is 76/100, indicating above-average performance based on key financial metrics, suggesting strong potential for long-term returns.
Is BAH overvalued or undervalued?
BAH is currently undervalued according to the GF Value™, with a significant margin of safety of 49.1% compared to its fair value estimate.
What is BAH's P/E ratio?
BAH's P/E (TTM) ratio is 10.3x, which is significantly lower than its 5-year median of 23.9x, indicating that the stock is trading at a much cheaper valuation historically.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
SAN DIEGO--(BUSINESS WIRE)--Gossamer Bio, Inc. (NASDAQ: GOSS) (the “Company” or “Gossamer”), a biopharmaceutical company focused on the development and commercialization of seralutinib for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD), today announced the final tender results of its previously announced exchange offer (the “Exchange Offer”) to exchange any and all of its 5.00% Convertible Senior Notes due 202.
Brookfield Renewable Partners remains a buy, with updated intrinsic value at $42.60 and a current unit price of $34.63, offering 23% upside. BEP's management raised the annual distribution growth target to 5–9%, reflecting confidence amid rising electricity demand and expansion into nuclear energy. BEP's business model delivers stable, predictable cash flows, supported by long-term power purchase agreements and a nearly flawless balance sheet with minimal near-term debt maturities.
June 17, 2026 17:00 ET | Source: Brookfield Renewable Corporation
BROOKFIELD, NEWS, June 17, 2026 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the “Corporation”) (TSX, NYSE: BEPC) today announced that all eight nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual meeting of shareholders held on June 17, 2026 in a virtual meeting format and that Ernst & Young LLP have been re-appointed as the corporation’s external auditor. Detailed results of the vote for the election of directors are set out below.
In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 442,985,718 votes in the aggregate, representing a 75% voting interest in the Corporation.
The following is a summary of the votes cast by holders of Exchangeable Shares and Class B Shares, voting together as a single class, in regard to the election of the eight directors:
Director NomineeVotes For%Votes Withheld%Jeffrey Blidner497,570,42791.47%46,402,2568.53%Sarah Deasley543,218,25899.86%754,4220.14%Nancy Dorn541,213,22399.49%2,759,4580.51%Eleazar de Carvalho Filho543,031,90299.83%940,7820.17%Randy MacEwen543,104,03199.84%868,6510.16%Lou Maroun533,966,17298.16%10,006,5111.84%Stephen Westwell541,209,84399.49%2,762,8400.51%Patricia Zuccotti542,966,25199.81%1,006,4310.19% A summary of all votes cast by holders of the Exchangeable Shares and Class B Shares represented at the Corporation’s annual meeting of shareholders is available on SEDAR+ at www.sedarplus.ca.
Brookfield Renewable
Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar, distributed solar, and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.
Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
Brookfield Renewable is the flagship listed energy company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Considering buying GEV stock? Here’s what analysts think:
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Pre-Market Stock Futures: Futures are trading mixed as we hit the midweek point, as the Space Exploration Technologies (NASDAQ: SPCX) or SpaceX IPO rush is starting to fade somewhat. The shares of Elon Musk’s company, which were priced at $135 last Friday, traded as high as $225 on Tuesday, and the $90 premium was too much for many to pass on. By the close, the stock traded back and finished the session at $201.68. The major stock indices took a breather on Tuesday as well after a wild ride higher on the strength of the IPO and general AI/Data Center trade enthusiasm. Three of the four major indices closed lower, with the Nasdaq taking the biggest hit, closing down 1.15% at 26,376, while the Russell 2000 ended the day down 0.94% at 2,937. Closing out the losers category was the S&P 500, which closed Tuesday at 7,511, down 0.57%, while the sole winner on Tuesday was the Dow Jones Industrial Average, which closed higher by 0.64% at 51,999, after trading above 52,000 for the first time.
Treasury Bonds: Yields were lower again on Tuesday as anticipation of continued positive geopolitical news, along with the persistent narrative of an ongoing short squeeze, boosted the Treasury debt market. The 30-year long bond finished the session at 4.94%, while the benchmark 10-year note was last seen at 4.44%
Oil and Gas: The energy complex traded lower again on Tuesday as the potential for a deal with Iran looks better each day, suggesting an opening of the Strait of Hormuz, which will slowly but surely bring oil and gas back into the markets and help prices continue to trend lower. By the close, Brent Crude was down 4.50% at $79.43, while West Texas Intermediate finished the day at $76.63, down a whopping 5.10%. Natural gas had another strong day, adding to Monday’s gain to finish the session at $3.26, up 3.72%.
Gold: The precious metals complex had another positive day, albeit only modestly higher, as Gold closed trading on Tuesday at $4,330, up 0.51%, while Silver ended the day at $69.91, up just 0.05%. While Gold has remained trapped in a narrow trading range, many on Wall Street feel a breakout is imminent, as all the positive factors for the sector remain in place.
Crypto: The cryptocurrency market experienced a slight cooldown on Tuesday, with Bitcoin trading in a tight range between $65,800 and $66,400 amid modest pressure. The legacy giant closed the day near $65,800 (down roughly 1% over 24 hours in many windows). At the same time, the total crypto market cap hovered between $2.25–2.34 trillion, dipping about 1–2% amid headwinds in traditional markets and investor caution ahead of macro events. Altcoins showed mixed performance with similar mild pullbacks. The market continues to consolidate after recent rebounds, staying sensitive to news flow and risk sentiment in this 24/7 environment. At 8 AM EDT, Bitcoin was trading at $64,790, while Ethereum was quoted at $1, 797
24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock.
Here are some of the best Wall Street analyst upgrades, downgrades, and initiations seen on Wednesday, June 17, 2026.
Upgrades: Block (NYSE: XYZ | XYZ Price Prediction) was upgraded to Buy from Hold at President Capital Management, with an $86 target price. Charles River Laboratories International (NYSE: CRL) was raised to Overweight from Equal Weight at Morgan Stanley, which lifted the target price for the shares to $220 from $185. Credicorp (NYSE: BAP) was upgraded to Overweight from Equal Weight at Morgan Stanley, which lifted the price target for the stock to $480 from $375. Huntsman (NYSE: HUN) was upgraded to Neutral from Underperform at Mizhou, which raised the target price for the shares to $14 from $10. Macerich Company (NYSE: MAC) was upgraded to Neutral from Underweight at JPMorgan, which nudged the target price for the stock to $25 from $23. Downgrades: Cognizant Technology Solutions (NASDAQ: CTSH) was downgraded to Hold from Buy at Berenberg, which dropped the target price to $50 from $81. Ellington Financial (NYSE: EFC) was downgraded to Neutral from Buy at BTIG, without a target price. IQVIA Holdings (NYSE: IQV) was downgraded to Equal Weight from Overweight at Morgan Stanley, which trimmed the target price for the stock to $200 from $225. Leidos Holdings (NYSE: LDOS) was cut to Neutral from Buy at Bank of America, which slashed the price target to $125 from $200. ResMed (NYSE: RMD) was downgraded to Equal Weight from Overweight at Morgan Stanley, which dropped the target price for the shares to $230 from $286. Initiations: Allegiant Travel (NASDAQ: ALGT) was reinstated with a Buy rating at Goldman Sachs, with a $125 target price. Constellation Energy Corporation (NYSE: CEG) was initiated with an Outperform rating at Bernstein, with a $296 target price objective. First Solar (NASDAQ: FSLR) was initiated with an Underperform rating at Bernstein, with a $217 target price.
GE Vernova (NYSE: GEV) was initiated with an Outperform rating at Bernstein, with a $1,206 target price. Omega Healthcare Investors (NYSE: OHI) was started with an Outperform rating at Raymond James, with a $50 target price.
GE Vernova (GEV - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this the energy business spun off from General Electric have returned -2.9% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Alternative Energy - Other industry, to which GE Vernova belongs, has lost 2.6% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
GE Vernova is expected to post earnings of $3.11 per share for the current quarter, representing a year-over-year change of +67.2%. Over the last 30 days, the Zacks Consensus Estimate has changed +3.3%.
For the current fiscal year, the consensus earnings estimate of $30.59 points to a change of +72.9% from the prior year. Over the last 30 days, this estimate has changed +1.1%.
For the next fiscal year, the consensus earnings estimate of $24.38 indicates a change of -20.3% from what GE Vernova is expected to report a year ago. Over the past month, the estimate has changed +0.1%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for GE Vernova.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of GE Vernova, the consensus sales estimate of $10.78 billion for the current quarter points to a year-over-year change of +18.3%. The $45.31 billion and $51.82 billion estimates for the current and next fiscal years indicate changes of +19% and +14.4%, respectively.
Last Reported Results and Surprise HistoryGE Vernova reported revenues of $9.34 billion in the last reported quarter, representing a year-over-year change of +16.3%. EPS of $1.98 for the same period compares with $0.91 a year ago.
Compared to the Zacks Consensus Estimate of $9.3 billion, the reported revenues represent a surprise of +0.47%. The EPS surprise was +7.61%.
Over the last four quarters, GE Vernova surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
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.
GE Vernova 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 GE Vernova. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Insider sales are hitting two massive stocks in industrials and retail, as well as a small-cap chip stock. Across these names, insiders are sending bearish signals, but their severity differs meaningfully. For perhaps the most widely recognized name on this list, GE Vernova NYSE: GEV, two insiders recently drastically reduced their stakes.
Insider sales are drawing attention at three stocks across industrials, retail and semiconductors. GE Vernova NYSE: GEV, TJX Companies NYSE: TJX and Impinj NASDAQ: PI have all seen notable selling, but the signals vary widely in severity. GE Vernova stands out because two insiders recently cut their directly held stakes sharply after a major run in the stock.
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GE Vernova Insider Sales Surface After Long HiatusGE Vernova Today
$1,048.81 +66.46 (+6.77%)
As of 06/17/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$479.04▼
$1,181.95Dividend Yield0.19%
P/E Ratio30.55
Price Target$1,089.88
GE Vernova has clearly been one of the industrial sector’s biggest beneficiaries of the artificial intelligence boom. Shares delivered a total return of roughly 99% in 2025, and are hovering over a 50% return as of mid-June. The company has seen rabid demand for its natural gas turbines and electrification equipment, much of which is going toward data center demand. The company now expects its long-term backlog to hit a whopping $200 billion in 2027, one year earlier than past expectations. For reference, this would be more than four times its expected 2026 revenue of $45 billion.
However, insider sales have moved up recently. In fact, after not recording any insider sales since Q3 2025, MarketBeat has tracked $7.04 million in sales during Q2 2026. These sales come from noteworthy individuals, including Chief Accounting Officer Matthew Joseph Potvin and Victor Abate, CEO of GE Vernova’s Wind business. Neither sale came under 10b5-1 plans, indicating that they were discretionary in nature.
Furthermore, Potvin sold around 40% of his directly held shares, while Abate sold around 72%. However, it is possible these insiders have larger positions through unexercised options. Given the size and timing of these sales, they are a solidly bearish signal for GE Vernova, but don’t take away from the extremely strong demand the firm is seeing.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$119.84▼
$170.00Dividend Yield1.17%
P/E Ratio31.88
Price Target$174.58
TJX Companies has been another strong performer, putting up a return of nearly 29% in 2025 and having gains near 9% in 2026. The company posted a strong sales beat in its latest quarter as consumers recognized the value of off-price retailers amid economic headwinds. Notably, sales growth of 9% year over year was TJX Companies’ fastest growth rate since early 2024. The company went on to increase its full-year guidance across sales, margins, and earnings per share.
However, insider sales have also taken a significant step up in Q2 2026, coming in at $21 million. That is more than five times higher than the $4.83 million of sales seen in Q1, while sales were just $122,000 a year ago. Additionally, like GE Vernova, it appears all these Q2 sales were discretionary, with none coming under 10b5-1 plans. Sales were also spread among four insiders, including CEO Ernie Herman, Chief Financial Officer John Kilnger, and Executive Board Chairman Carol Meyrowitz. Notably, Herman sold around 11% of his directly held shares, while Meyrowitz sold around 21%. Those are fairly significant sales, although these two still maintain large positions in the company.
Overall, these moves are moderately bearish for TJX Companies, although the firm’s strong underlying results are difficult to ignore.
Top Impinj Investor Dumps Stock Following Earnings SurgeImpinj Today
$123.62 -5.99 (-4.62%)
As of 06/17/2026 04:00 PM Eastern
52-Week Range$87.36▼
$247.06Price Target$175.00
Impinj is a lesser-known but interesting semiconductor stock. The company has a significant presence in radio frequency identification (RFID) technology. Use cases for this technology include tracking inventory and helping to prevent theft at retail stores. After putting up an approximately 20% gain in 2025, shares are down around 25% in 2026.
The stock saw a big-time up move after its latest earnings report, rising more than 20% in one day. This came as Impinj posted strong beats on both the top and bottom lines. Importantly, Impinj’s endpoint integrated circuit bookings (chips placed on items) hit a record during the quarter. The company also noted new data showing that it gained 1,700 basis points of share in the RAIN RFID market in 2025.
However, in the weeks after this report, insider Sylebra Capital LLC sold $37 million worth of shares. In total, Sylebra sold around 32% of its shares during that period. At the same time, Sylebra has been consistently selling shares over the past few years. Given that the company operates an investment fund, it is likely winding down a long-held position in Impinj. This makes it difficult to assess its sentiment, although Sylebra clearly views the surge in shares as an opportunity to sell. These sales are slightly bearish for Impinj when balancing their size versus Sylebra’s long track record of selling.
Insider Selling Looks Cautious, Not Necessarily AlarmingAcross the three stocks, GE Vernova’s insider selling looks like the clearest bearish signal because two executives sold large percentages of their directly held stakes. TJX Companies’ sales also deserve attention, given the number of senior leaders involved, but the company’s strong results and raised guidance soften the concern. Impinj’s case is more mixed, as Sylebra Capital has been reducing its stake for years.
Overall, insider selling adds a cautionary note to GE Vernova, TJX Companies and Impinj, but it does not outweigh the underlying business momentum on its own. GE Vernova’s sales look the most bearish, TJX Companies’ sales appear moderately bearish and Impinj’s selling looks more nuanced.
Should You Invest $1,000 in GE Vernova Right Now?Before you consider GE Vernova, you'll want to hear this.
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A new analyst has joined the ranks of GE Vernova (GEV +6.78%) trackers, and her bullish initiation of coverage helped lift the engineering company's stock on Wednesday. It flew nearly 7% higher, on an otherwise dim day for the market that saw the S&P 500 index dip by 1.2%.
Salad days The initiating party was Bernstein SocGen Group's Sunaina Ocalan, who launched her coverage of GE Vernova with an unambiguous outperform (buy) recommendation. She also set her price target for the industrial stock at $1,206 per share, nearly 15% above its most recent closing price.
Image source: Getty Images.
According to reports, Ocalan considers GE Vernova well-positioned in a "right time, right business" situation for the global economy. In her view, current worldwide trends such as decarbonization and worries about energy security have ignited demand for the products and solutions the company offers.
The analyst added that GE Vernova is experiencing particularly heavy demand for both its turbines and equipment used to build out the electricity grid. This is occurring at a time of massive expansion of artificial intelligence (AI) compute, which is far more resource-intensive than preceding technologies.
Today's Change
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6.78
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Current Price
$
1048.90
An electrifying future I completely buy Ocalan's argument. GE Vernova's power unit, which includes the turbines she mentioned, was responsible for over half of the company's total orders in 2025. It's little wonder, given the insatiable need for both AI and grid expansion at present. To me, this stock is one of the better plays on that trend, which looks set to last for quite a long stretch of time.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends GE Vernova. The Motley Fool has a disclosure policy.
NuScale Power stands out with the only U.S. NRC Standard Design Approval, providing a significant regulatory moat in the emerging SMR sector. Despite Q1 revenue dropping to $0.6 million due to project timing, SMR maintains a strong $1.2 billion liquidity position, supporting ~5 years of runway. The pending ENTRA1/TVA Power Purchase Agreement could catalyze the largest U.S. nuclear deployment, representing a major upside catalyst for SMR.
NuScale Power (SMR +4.55%) is trying to change how we generate nuclear energy. Instead of a big nuclear power plant -- with iconic bell-shaped cooling towers and domed reactors -- it wants to deploy small modular reactors (SMRs), essentially mini nuclear power plants.
NuScale shares the dream of deploying SMRs with other nuclear energy companies, like Oklo and Nano Nuclear Energy. Unlike these two, however, NuScale has an SMR design approved by the Nuclear Regulatory Commission (NRC), a major first-mover advantage in the highly regulated nuclear power space.
NRC approval is the most commonly cited reason to buy NuScale over other novel nuclear energy stocks. But it comes with an asterisk: To date, NuScale has yet to deploy its SMR technology commercially.
Image source: Getty Images.
That said, NuScale has a few prospects lined up. Leading the way is an SMR project in Romania, which could see 463 megawatts electric (MWe) of NuScale technology installed at a former coal plant. The plant's first SMR is expected to be in commercial operation in 2033.
On top of that, NuScale's commercial partner, ENTRA1 Energy, is positioned to receive a substantial investment from Japan -- on the order of $25 billion. The investment is in support of advancing nuclear power, especially as a reliable source for artificial intelligence (AI).
Today's Change
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4.55
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0.45
Current Price
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10.34
NuScale stock trades about 75% lower than its all-time highs, as investors have been more cautious on SMRs in 2026 than last year. For patient investors, that pullback could create an opportunity. If NuScale can successfully bring its first commercial SMR online by 2033, the company could look very different from the pre-commercialization developer it is today.
Steven Porrello has positions in Nano Nuclear Energy, NuScale Power, and Oklo. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy.
CORVALLIS, Ore. & FORT WORTH, Texas--(BUSINESS WIRE)--Paragon, a Mirion Technologies company and a leading supplier of safety-related products and components for the nuclear industry, has been awarded a contract by NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, to complete final design development of Paragon's Highly Integrated Protection System (HIPS) for the NuScale Power Module™ (NPM). NuScale has the first and only SMR design to be approved by the U.S. Nuclear Regulatory Commission (NRC).
The award marks a significant milestone, as NuScale already has certain components of 12 power modules in production. We anticipate that nuclear plants that deploy NPMs will feature one common control room that supports up to 12 NuScale Power Modules, each capable of generating up to 77 megawatts of clean, carbon-free power.
Under the contract, Paragon will complete the non-recurring engineering and design deliverables for three critical instrumentation and control systems built on the HIPS platform. The Module Protection System (MPS) is a nuclear safety-related reactor protection system that safeguards each individual NPM. The Safety Data Interface System (SDIS) is an augmented quality, post-accident monitoring system that provides operators with essential plant data in the event of an incident. The Plant Protection System (PPS) is a non-safety-related system responsible for control room habitability functions such as HVAC. The contract also includes Independent Verification and Validation services for MPS development, an important step in qualifying safety-critical software for nuclear applications.
“Paragon has been a valuable technology partner in the development of the HIPS technology, advancing the digital instrumentation and control systems that are essential to safe and reliable plant operations,” said John Hopkins, President and Chief Executive Officer of NuScale Power. “This partnership helps us to achieve the goal of delivering reliable, carbon-free power to our customers while ensuring the highest level of safety.”
"This contract represents the culmination of years of collaboration between Paragon and NuScale, and we are proud that our HIPS platform is at the heart of the NPM's protection systems," said Doug VanTassell, President and CEO of Paragon. "The work we are doing on MPS, SDIS, and PPS is foundational to bringing the first SMR of its kind into operation, and there is no greater validation of our technology than being entrusted with the safety-critical systems of the most significant new reactor design in a generation."
HIPS was purpose-built to meet today's cybersecurity requirements and the complexity of next-generation reactor designs. The platform delivers analog-like reliability while incorporating modern diagnostics that reduce operations and maintenance costs, and its architecture can be configured from a single channel up to a full four-division Reactor Protection System. HIPS also employs Model-Based Design to integrate system behavior and design documentation into a single environment, streamlining development and regulatory review — including NRC Safety Evaluation Report (SER) approval of its topical report in 2017, co-developed with NuScale.
About NuScale Power
Founded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The NuScale Power Module™, the Company’s groundbreaking SMR technology, is a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output.
As the first and only SMR to have its designs certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications.
To learn more, visit NuScale Power’s website or follow us on LinkedIn, Facebook, Instagram, X, and YouTube.
About Paragon
Paragon, a Mirion Technologies company, has delivered comprehensive solutions for nuclear industry needs, producing and testing mission-critical equipment with proven customer satisfaction for more than three decades. Through obsolescence and parts availability strategies, innovation, and efficiency, Paragon directly addresses the challenges facing today’s operating fleet and the advanced reactors of tomorrow, all while maintaining the highest standards of quality and nuclear safety culture. www.paragones.com or (817) 284-0077. Follow Paragon on YouTube, LinkedIn or X.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the agreement described herein, the anticipated benefits and opportunities arising from such agreement, and its potential future impacts. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Further information regarding risks, uncertainties, and other factors that could affect each company’s respective financial results and operations is included in the filings of Mirion Technologies and NuScale Power Corporation, respectively, with the United States Securities and Exchange Commission (the SEC), including each company’s respective Annual Reports on Form 10-K and most recent Quarterly Reports on Form 10-Q, as well as other periodic reports filed or to be filed with the SEC.
You should not rely on these forward-looking statements, as actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. All forward-looking statements in this press release are based on information available to each of us as of the date hereof, and neither of us assumes any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Los Angeles, June 17, 2026 (GLOBE NEWSWIRE) -- Applied Atomics announced today that it has entered a licensing agreement with BWX Technologies, Inc. (NYSE: BWXT) in connection with BWXT’s mPower™ small modular reactor (SMR) technology. Under the agreement, Applied Atomics will have exclusive rights to use mPower in the commercial development and deployment of land-based nuclear facilities in the United States, Canada and elsewhere. BWXT retains ownership of the mPower IP and will hold exclusive manufacturing rights for all mPower components plus royalty rights for any components manufactured by Applied Atomics or other third parties.
mPower is designed as an integral pressurized light water reactor that will be manufactured in a factory and shipped by conventional transportation. It is designed to generate 195 megawatts of electricity and 575 MWth of heat per reactor.
Its integrated steam generator design eliminates the primary coolant piping found in conventional nuclear plants. By housing all primary components in a single vessel, the mPower design attempts to remove a key failure mode – the LOCA or loss of coolant accident – of traditional reactors. The reactor is designed to use standard low enriched uranium fuel and is designed for a refueling cycle of at least two years.
"BWXT spent a decade working to design mPower. Our job is to complete its development then design and deploy the first optimized, vertically integrated SMR power plant," said Benjamin Kellie, CEO of Applied Atomics.
The agreement comes as domestic electricity demand is projected to grow at its fastest rate in a generation, driven in part by data center construction that industry analysts estimate will require more than 300 gigawatts of new power capacity in the United States by 2035. In addition to utilities, Applied Atomics has identified dedicated industrial and technology sector power supply as the primary initial market for mPower deployment, citing the modular plants and site flexibility as well-suited to behind-the-meter and campus-scale configurations.
BWXT preserved the mPower engineering archive and test facilities following the program's 2017 suspension. In selecting Applied Atomics, BWXT evaluated partners against criteria including capital commitment and funding capability, deployment intent, nuclear safety culture alignment, market positioning, and its founder’s successful record commercializing other technologies.
Under the terms of the agreement, Applied Atomics will re-engage the NRC to resume mPower design certification activities and develop site-specific engineering for initial commercial deployments. Applied Atomics will also contract with BWXT to provide technical support as the licensing process advances.
About Applied Atomics
Applied Atomics is a nuclear energy company focused on the commercial deployment of proven small modular reactor technology. The company holds an exclusive license to commercialize the mPower Generation III+ SMR, designed and manufactured by BWXT Advanced Technologies. Applied Atomics serves industrial, technology, and utility customers actively seeking 100MW to 1GW of firm, carbon-free power. The company is headquartered in Anchorage, Alaska and has a design studio in Los Angeles, CA. applied-atomics.com
Additional images, diagrams and executive interview availability upon request. Visit applied-atomics.com/presskit for downloads and contact information.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those anticipated. Neither Applied Atomics nor BWXT undertakes any obligation to update forward-looking statements.
Key Takeaways NuScale's E2 Centers give users hands-on exposure to simulated small modular reactor operations.The centers recreate a 12-module control room where users adjust settings and run scenarios.Simulators include digital procedures, automated controls, alerts and emergency-response tools. NuScale Power Corporation’s (SMR - Free Report) Energy Exploration Centers, or E2 Centers, are designed to make small modular reactor (“SMR”) technology easier to understand through simulation rather than theory alone. These centers give users a hands-on way to apply nuclear science and engineering principles in a simulated power plant setting. The key point is not simply education; it is practical exposure. By recreating real-world nuclear plant operation scenarios, the E2 Centers help students, researchers and future operators see how an SMR control room functions before they ever enter an operating facility.
The E2 Centers are built around an advanced simulator that recreates the control room of a 12-module NuScale power plant. Users can step into the role of a plant operator, adjust operating settings, run different scenarios and see how the reactors respond in real time. Each workstation can monitor and control any of the 12 modules, giving users a broad understanding of how a multi-reactor SMR facility operates. This is especially relevant because future SMR plants are expected to rely on digital controls, automation and coordinated management of multiple reactor units.
The biggest benefit of the E2 Centers is that they help users gain practical experience with the technologies that will be used in advanced nuclear power plants. The simulator includes features such as digital operating procedures, automated control functions, system alerts and emergency-response tools. This allows students, researchers and future operators to learn how modern nuclear facilities are monitored and managed in a safe environment. For NuScale, the E2 Centers help increase familiarity with its SMR technology while supporting workforce training and preparedness as advanced nuclear projects move closer to deployment.
While NuScale’s E2 Centers focus on building familiarity with SMR operations through training and simulation, other advanced nuclear companies are working on different reactor designs aimed at making nuclear energy more flexible, compact and deployable.
Other Advanced Reactor Designs Gain Ground
Oklo Inc.’s (OKLO - Free Report) nuclear technology is built around liquid-metal-cooled, metal-fueled fast reactors, a design OKLO says has more than 400 reactor-years of global operating history. OKLO focuses on inherent safety, meaning the reactor can stabilize itself using natural forces rather than depending only on active systems. The company also highlights fuel recycling, because fast reactors can use used nuclear fuel as input. In simple terms, OKLO aims to provide clean power, advanced fuel and radioisotopes through compact fast-reactor systems.
Meanwhile, NANO Nuclear Energy’s (NNE - Free Report) nuclear technology is centered on portable and stationary microreactors that can deliver clean, reliable energy in smaller packages than traditional reactors. NANO Nuclear is developing the patented KRONOS Micro Modular Reactor Energy System, a stationary high-temperature gas-cooled reactor, along with ZEUS, a solid-core battery reactor, and LOKI MMR for portable and space-capable uses. In simple terms, NANO Nuclear wants its microreactors to be modular, easier to deploy and useful for power, heat, microgrids and remote locations.
The Zacks Rundown on NuScale Power
Shares of SMR have lost 37.2% over the past six months.
Image Source: Zacks Investment Research
NuScale Power currently has an average brokerage recommendation of 2.56 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 18 brokerage firms.
Image Source: Zacks Investment Research
See how the Zacks Consensus Estimate for SMR’s earnings has been revised over the past 90 days.
Image Source: Zacks Investment Research
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Global energy demand is growing exponentially, and more entities are embracing nuclear energy as a key part of this energy transition. Nuclear energy provides carbon-emission-free, reliable baseload power, making it a popular choice for hyperscalers seeking to meet energy needs while advancing low-carbon goals.
Small modular reactors (SMRs) are an emerging technology that could help hyperscalers power their artificial intelligence (AI) infrastructure while also reducing strain on the electric grid, and NuScale Power (SMR +4.55%) is one company advancing this next-generation nuclear technology. If you're a prospective or current shareholder, here are one reason to buy and two reasons to sell NuScale Power stock.
Image source: Getty Images.
Reason to buy: NuScale has a first-mover advantage NuScale Power has a first-mover advantage in the SMR space as the only developer to secure a design certification from the Nuclear Regulatory Commission (NRC) for its 50-megawatt and 77-megawatt power modules. NRC approvals can be a drawn-out, arduous process, and this certification gives NuScale an edge over developers that are still in the pre-licensing phase.
Reason to sell No. 1: NuScale has yet to bring an SMR online NuScale has a first-mover advantage, but it hasn't yet deployed its SMR technology. In 2015, the company had a major project with the Utah Associated Municipal Power Systems, which it had hoped to open by 2023. After an initial price tag estimate of $3 billion, the project experienced huge cost overruns, ballooning to $9.3 billion by 2023 before the client pulled the plug.
The company currently has one project underway in Romania, but needs to secure more deals to become commercially viable.
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Reason to sell No. 2: It's on the hook for huge milestone payments NuScale is working closely with ENTRA1 Energy to help commercialize its SMR technology. ENTRA1 led an ambitious 6-gigawatt deployment plan with the Tennessee Valley Authority (TVA). As part of this agreement, ENTRA1 is responsible for financing, developing, and owning six power plants across the region, with the TVA purchasing the electricity generated through future power-purchase agreements, which could be a huge opportunity for NuScale.
The partnership between NuScale and ENTRA1 has faced heavy scrutiny from investors due to questions about the latter's lack of operational history and qualifications, and NuScale Power is facing class-action lawsuits as a result. According to Guggenheim Securities, ENTRA1 is a three-year-old company with no track record of managing projects of this scale.
On top of that, the milestone payments from NuScale to ENTRA1 are huge. Last year, it paid a $495 million milestone payment to ENTRA1 for the TVA deal, which still hasn't led to any firm commitments. And estimates suggest NuScale could pay up to $3 billion in milestone payments under the TVA deal.
This nuclear start-up comes with significant risk NuScale Power has a first-mover advantage with its NRC design certification, but it still needs to prove its business model is scalable, which could take years. SMRs aren't expected to be operational until the 2030s, and the company has its work cut out for it securing more deals, getting them operational, and scaling up, making it a high-risk stock for investors buying today.
NuScale (SMR +4.55%), a producer of small modular reactors (SMRs), went public through a merger with a special purpose acquisition company (SPAC) in May 2022. Its stock opened at $10.70 per share, set a record high of $53.43 last October, but now trades at about $11.
NuScale is volatile because it's a divisive stock. The bulls claim that its SMRs, which are smaller than conventional nuclear reactors, will reshape the nuclear energy market and address the soaring energy needs of the cloud, AI, and industrial automation markets. The bears claim it will struggle to grow its business amid intense competition and macro headwinds. Let's see which argument makes more sense -- and if it's the right time to buy or sell this nuclear stock.
Image source: Getty Images.
What are NuScale's catalysts? NuScale's SMRs, which can be installed in vessels that are only 65 feet tall and 9 feet wide, can generate up to 77 MWe. It prefabricates these reactors, and they're assembled on site to reduce the time, labor, and costs of constructing a nuclear power plant.
On their own, these SMRs are less powerful than conventional nuclear power plants, which typically generate more than 1,000 MWe. But they can be combined with additional SMRs to construct larger plants in remote areas that aren't well-suited for conventional nuclear plants.
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NuScale has been working with Fluor (FLR +2.51%) to combine six of its 77 MWe SMRs to build a 462 MWe plant for Romania's RoPower. Most of its revenue comes from its front-end engineering and design (FEED) studies for that project. It's also working with the Tennessee Valley Authority (TVA) to deploy up to six gigawatts of its SMR capacity across seven states.
The bulls believe once NuScale deploys those reactors, its revenue will skyrocket, economies of scale will dilute its expenses, and it will narrow its losses. The soaring demand for nuclear power will drive more countries to deploy those SMRs. However, the bears will point out that NuScale probably won't activate any of those reactors until the early 2030s.
Is it the right time to buy or sell NuScale's stock? From 2025 to 2028, analysts expect NuScale's revenue -- which will mainly come from its FEED studies, licensing deals, and consulting work -- to rise from $31.5 million in 2025 to $310.7 million in 2028. But with a market cap of $3.4 billion, it already trades at 11 times its 2028 sales. It will also remain unprofitable for the foreseeable future.
That's probably why Fluor, which owned over half of NuScale's shares before its market debut, recently liquidated its remaining holdings. Its insiders are also still net sellers.
NuScale could have a bright future, but it's still a highly speculative stock. If you believe it will successfully deploy its SMRs in the 2030s and disrupt conventional nuclear reactors, it could be smart to nibble on the stock as the bulls look the other way. However, you should also brace for a lot of volatility -- since it doesn't look cheap relative to its near-term growth.
Key Takeaways Petrobras awarded OceanPact a R$443.7M contract for Marlim Field subsea decommissioning work.PBR's project includes pipeline recovery, riser removal, umbilical disconnection and subsea inspections.OceanPact will use ROVs, MPSVs and environmental monitoring to support safe offshore execution. Petrobras (PBR - Free Report) and OceanPact have signed a contract to decommission flexible pipelines at the Marlim Field in Brazil’s Campos Basin, focusing on subsea infrastructure removal at the P-18 platform, according to BrazilEnergyInsight. The project involves large-scale subsea engineering operations to safely recover flexible pipelines, risers and umbilicals that supported long-term deepwater production. It strengthens Brazil’s offshore decommissioning ecosystem by combining engineering precision, marine operational capability and environmental governance in a complex offshore environment.
Petrobras Offshore Decommissioning Strategy in the Campos BasinPetrobras is managing the transition of mature offshore assets in the Campos Basin through structured retirement programs. The Marlim Field is a key deepwater production hub with extensive subsea infrastructure connecting wells, manifolds and platforms such as P-18. As production declines, Petrobras follows a controlled removal strategy that prioritizes safety, seabed integrity and environmental protection. This process relies on engineering studies, risk assessments and specialized techniques suited for deepwater pipelines and umbilicals.
OceanPact Contract Scope and Subsea OperationsOceanPact’s contract, valued at R$ 443.7 million, covers subsea inspections, pipeline recovery, cutting operations and umbilical disconnection. The project begins with detailed inspections to evaluate pipeline integrity, seabed positioning and environmental conditions, which guide execution planning. Remotely operated tools are then used to cut segment pipelines into recoverable sections, while umbilicals carrying hydraulic, electrical and communication lines are carefully disconnected and retrieved. Multipurpose Support Vessels (MPSVs) equipped with dynamic positioning systems and heavy-lift cranes provide offshore operational support throughout the execution phase.
Technical Complexity of the P-18 PlatformThe P-18 platform presents a highly complex subsea environment due to its dense network of interconnected infrastructure. Flexible pipelines and risers link multiple production systems, requiring precise coordination during decommissioning to avoid disruption of nearby assets. Each pipeline segment is individually assessed based on structural condition, fatigue history and seabed location to determine safe recovery methods. Deepwater conditions, such as low visibility and variable ocean dynamics, further increase operational complexity.
Role of Subsea Technology and Marine Support SystemsRemotely Operated Vehicles (ROVs) are used to conduct underwater inspections, provide real-time visual feedback and support precision cutting and recovery tasks. MPSVs act as offshore operational bases, maintaining stability through dynamic positioning systems while supporting lifting operations. Subsea handling systems control the movement of recovered infrastructure from the seabed to vessel decks, reducing mechanical stress and ensuring safe transfer.
Integrated Execution Model Across OceanPact DivisionsOceanPact executes the project through an integrated operational structure. The Subsea Engineering division develops technical designs, operational procedures and risk mitigation strategies. The Subsea and Decommissioning division carries out offshore execution using ROVs and subsea tools. The Navigation division manages vessel coordination to ensure operational continuity between surface and subsea activities. EnvironPact oversees environmental monitoring and ensures compliance with Safety, Environment and Health standards across all phases of the project.
Environmental Management and Circular Economy IntegrationEnvironmental responsibility is embedded throughout the decommissioning process, with continuous monitoring of water quality, seabed conditions and marine ecosystems to ensure regulatory compliance. Recovered pipelines and umbilicals are assessed for reuse, recycling or safe disposal, supporting circular economy principles and minimizing environmental impact.
Engineering Challenges in Deepwater Pipeline RecoveryDeepwater decommissioning involves high pressure, complex seabed terrain and unpredictable ocean conditions. Flexible pipelines require careful handling to prevent structural failure during recovery. Real-time data from subsea systems supports operational decision-making, while precise coordination between vessels and underwater equipment ensures stability and safety throughout execution.
Strategic Importance of the Petrobras and OceanPact PartnershipThe partnership highlights the growing importance of specialized decommissioning services in Brazil’s offshore energy sector. As mature fields like Marlim transition toward end-of-life operations, demand for advanced subsea engineering solutions continues to rise. OceanPact’s integrated capabilities across engineering, marine operations and environmental management position it as a key contributor to complex offshore projects and reflect the industry’s shift toward safer and more sustainable asset management.
ConclusionThe Marlim Field decommissioning project marks a significant advancement in offshore engineering and subsea infrastructure management. Through the integration of advanced technology, specialized vessels and multidisciplinary expertise, the project ensures safe, efficient and environmentally responsible removal of subsea systems while supporting Brazil’s long-term offshore energy transition.
PBR's Zacks Rank & Key PicksPetrobras is a leading Brazilian integrated energy company engaged in the exploration, production, refining and distribution of oil, natural gas and petroleum products. Currently, PBR has a Zacks Rank #3 (Hold).
On the other end, OceanPact is a Brazilian environmental services company specializing in offshore support, environmental protection, emergency response and sustainable solutions for the oil and gas, maritime and industrial sectors.
Investors interested in the energy sector might look at some better-ranked stocks like Cenovus Energy (CVE - Free Report) , Murphy USA (MUSA - Free Report) and Marathon Petroleum (MPC - Free Report) , sporting a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Cenovus Energy is valued at $52.86 billion. It is a Canadian integrated energy company that produces, refines and markets crude oil, natural gas and petroleum products. Cenovus Energy operates major oil sands and refining assets across Canada and the United States, making it one of North America's leading energy producers.
Murphy USA is valued at $11.5 billion. The company is one of the largest independent gasoline and convenience store retailers in the United States, operating a network of stores primarily located near Walmart locations. Murphy USA focuses on offering low-cost fuel and everyday convenience products, supported by a strong loyalty program and disciplined capital-allocation strategy.
Marathon Petroleum is valued at $76.95 billion. It is one of the largest downstream energy companies in the United States, operating extensive refining, transportation and fuel marketing networks. Through its refining assets and retail fuel brands, Marathon Petroleum supplies gasoline, diesel and other petroleum products to consumers and businesses nationwide.
A view shows the logo of Brazilian state-run oil firm Petrobras in Rio de Janeiro, Brazil June 5, 2025. REUTERS/Ricardo Moraes Purchase Licensing Rights, opens new tab
CompaniesSAO PAULO, June 17 (Reuters) - Brazil's state-run oil firm Petrobras (PETR3.SA), opens new tab said on Wednesday it has produced and sold its first batch of sustainable aviation fuel (SAF) made from soybean oil sourced from Bunge (BG.N), opens new tab and certified under the CORSIA low ILUC risk standard, in what it said was a global first.
The 3,800 cubic meter batch was produced at the Duque de Caxias refinery in Rio de Janeiro using co-processing technology, with 1% renewable content, and distributed by Vibra (VBBR3.SA), opens new tab, it said.
The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
Reporting by Isabel Teles and Roberto Samora
Our Standards: The Thomson Reuters Trust Principles., opens new tab
BEAVERTON, Ore.--(BUSINESS WIRE)--Digimarc Corporation (NASDAQ: DMRC), a pioneer in digital identity and authentication solutions, today announced that it is extending its agent-native provenance and verification infrastructure capabilities to the leading platforms used to build and deploy autonomous systems, including LangChain, ServiceNow Action Fabric, Salesforce Agentforce, Google Gemini Enterprise Agent Platform, and Microsoft Copilot Studio. These extensions of the Digimarc platform seamle.
Digimarc Corporation (NASDAQ: DMRC), a pioneer in digital identity and authentication solutions, today announced that it is extending its agent-native provenance and verification infrastructure capabilities to the leading platforms used to build and deploy autonomous systems, including LangChain, ServiceNow Action Fabric, Salesforce Agentforce, Google Gemini Enterprise Agent Platform, and Microsoft Copilot Studio. These extensions of the Digimarc platform seamlessly allow any AI agent created in these agentic ecosystems to cryptographically stamp outputs at the moment of creation, establish authenticity of ingested content before taking action via submission to Digimarc’s multi-layered verification engine, and retrieve a complete lineage chain from the Digimarc Lineage Vault for audit, incident response, and compliance reporting.
Enterprise agentic AI deployments are accelerating rapidly across every major platform, yet the artifacts these agents produce and interact with – including documents, decisions, recommendations, data, and media – represent unaddressed security vulnerabilities without a verifiable record of origin, authorization, or integrity. As organizations move AI from experimentation into production workflows, trust, governance, and accountability have become mission critical requirements.
The platform integrations announced today close that security gap by making provenance a first-class, natively available capability on each Agentic AI platform. By bringing provenance and verification directly into the platforms that developers already use, Digimarc is making trusted content and trusted actions native capabilities of modern AI workflows, addressing rapidly growing security and governance concerns.
HOW IT WORKS
Digimarc’s agent-native provenance platform is grounded in three powerful capabilities: a provenance stamping service that applies cryptographic signatures to agentic output; a multi-layered verification engine that goes beyond simple signature checking to cascade through provenance pointer resolution and perceptual watermark detection, returning an actionable trust verdict rather than a binary pass or fail; and the Digimarc Lineage Vault, an immutable record of every artifact’s origin, transformation, and chain of custody that supports audit, incident reconstruction, and regulatory compliance. All three capabilities are exposed through Digimarc’s Model Context Protocol (MCP) server, making them agent-callable on any platform without framework modification. The platform integrations announced today take this a step further and are built to support the way developers already work, so leveraging Digimarc’s capabilities require no new tools, no new frameworks, and no new infrastructure to manage.
The approach is built around a simple insight: the developer who builds an agent is typically the person who selects its tools. By embedding provenance and verification directly into the platforms that developers already use, Digimarc lowers the barrier to adoption while helping organizations establish trust and traceability across increasingly autonomous workflows. By meeting developers where they already work, Digimarc makes provenance the easy choice rather than an additional integration burden.
“AI agents are being deployed into production faster than the security and governance infrastructure to support them. As organizations begin relying on autonomous systems to do more than just create content – such as make recommendations, drive business processes, and take action – the ability to verify what those systems are acting upon has become mission critical. Digimarc’s solution is not just a signing standard, it is a verification service that tells an agent what to do when it receives content it cannot fully trust and a lineage vault that preserves the complete origin story of every artifact an agent touches. Extending our provenance and verification infrastructure to where developers are already building is about making enterprise-grade governance the easy choice, not an additional burden.”
– Ken Sickles, EVP and Chief Product Officer, Digimarc
PLATFORM INTEGRATIONS
Digimarc is extending its agent-native provenance and verification infrastructure to the platforms where enterprise agentic AI is being built and deployed today:
LangChain and LangGraphServiceNow Action FabricSalesforce AgentforceGoogle Gemini Enterprise Agent Platform.Microsoft Copilot StudioAcross all platforms, the integrations expose the same three core operations powered by Digimarc’s Illuminate platform and made available through its MCP Server: cryptographic artifact stamping; multi-tiered verification logic that helps organizations determine whether content can be trusted before downstream action occurs; and full lineage retrieval for audit, incident response, and compliance reporting.
WHAT ENTERPRISE DEVELOPERS GAIN
The promise of autonomous systems is speed and scale. The challenge is ensuring organizations can trust, audit, and govern the systems within which those agents operate. Digimarc’s agent-native provenance and verification platform allows developers to overcome these challenges without requiring expertise in cryptographic infrastructure or content authenticity technology and standards. Every agent’s output is cryptographically bound to its origin and authorization context at the moment of creation, incoming artifacts are verified using Digimarc’s proprietary multi-layered verification engine before downstream action is taken, and all interactions are recorded in an immutable audit trail.
The integrations announced today represent a critical step forward in making provenance, verification, and trust fully native capabilities of increasingly autonomous digital ecosystems. The result is a more trusted foundation for autonomous systems, enabling organizations to adopt AI at greater scale and with greater confidence by ensuring that what systems create, consume, and act upon can be verified, trusted, and traced.
AVAILABILITY
More information and developer access is available at digimarc.com/solutions/agentic-trust.
About Digimarc
Digimarc (NASDAQ: DMRC) is building the trust layer for the modern world. Our solutions help people, businesses, and intelligent systems verify what’s real, protect what matters, and interact with confidence across physical and digital environments. Learn more at Digimarc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260616796357/en/
AMSTERDAM--(BUSINESS WIRE)--Nebius (Nasdaq: NBIS), the AI cloud company, today announced the closing of its acquisition of Eigen AI, a leading inference and model optimization company.
The transaction was announced on May 1, 2026, and completed on June 10, 2026, following receipt of the required regulatory approvals and satisfaction of other customary closing conditions.
About Nebius
Nebius, the AI cloud company, is building the full-stack platform for developers and companies to take charge of their AI future — from data and model training to production deployment. Founded on deep in-house technological expertise and operating at scale with a rapidly expanding global footprint, Nebius serves startups and enterprises building AI products, agents and services worldwide.
Nebius is listed on Nasdaq (Nasdaq: NBIS) and headquartered in Amsterdam.
Nebius Group N.V. NBIS stock has gained 123.6% in the past three months, outperforming the Zacks Computer & Technology sector and the Zacks Internet Software Services industry's growth of 20.3% and 23.2%, respectively.
Eigen AI Acquisition FinalizedThe Amsterdam-headquartered AI cloud company announced on Tuesday that it completed its acquisition of Eigen AI, an inference and model optimization firm.
According to the company statement, the transaction was initially announced on May 1 and officially closed on June 10 after receiving necessary regulatory approvals and satisfying customary closing conditions.
Nasdaq-100 Index Inclusion ConfirmedThe stock is experiencing upward momentum ahead of Nasdaq’s quarterly index reconstitution. Nebius Group will officially join the Nasdaq-100 Index before the market opens on June 22.
The inclusion sparked notable media attention. On CNBC, market commentator Jim Cramer explicitly called the index change a “big deal.”
NBIS Stock Short Interest ReportShort interest in Nebius Group declined during the recent reporting period, decreasing from 45.10 million shares to 44.30 million shares.
As a result, 20.73% of the company’s publicly traded shares were sold short.
Based on the recent average daily trading volume of 17.32 million shares, it would take approximately 2.56 days for short sellers to repurchase all borrowed shares and close their positions.
Critical Technical Levels for NBIS StockThe bigger-picture trend remains firmly bullish: NBIS is trading about 19.7% above its 20-day SMA ($226.33) and roughly 122.1% above its 200-day SMA ($121.91), which is the kind of separation you typically only see in strong momentum leaders. The 20-day SMA is also above the 50-day SMA, and the 50-day SMA is above the 200-day SMA.
From a structure standpoint, the stock is pushing toward the top of its 52-week range — high of $278.84, with the most recent swing high and the 52-week high both set in June.
NBIS Price Action: Nebius Group shares were up 4.33% at $271.33 at the time of publication on Tuesday. The stock is trading near its 52-week high of $278.83, according to Benzinga Pro data.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Nebius Group NBIS shares moved 4% higher on Tuesday after the artificial intelligence cloud infrastructure company completed its acquisition of Eigen AI and received confirmation that it will join the Nasdaq-100 Index later this month.
The Amsterdam-based company finalized the acquisition of Eigen AI on June 10, approximately six weeks after initially announcing the transaction on May 1.
The deal closed after the company obtained the required regulatory approvals and satisfied customary closing conditions.
Investors also continued to react to Nebius' upcoming inclusion in the Nasdaq-100 Index, a development that is expected to increase the stock's visibility among institutional investors and index-tracking funds.
Nebius said the acquisition adds Eigen AI's inference and model optimization capabilities to its existing artificial intelligence cloud platform.
Eigen AI specializes in technologies designed to improve AI model deployment and serving efficiency.
The addition is expected to strengthen Nebius' ability to offer optimized AI infrastructure solutions as enterprise demand for AI computing continues to grow.
The acquisition was officially completed on June 10 following regulatory approval. Financial terms of the transaction were not disclosed.
The move represents another step in Nebius' effort to build a full-stack AI cloud platform.
Market participants view the acquisition as a strategic addition that expands the company's capabilities in model inference and optimization, areas that have become increasingly important as businesses deploy AI applications at scale.
The acquisition comes as Nebius continues to expand its AI infrastructure footprint through new data center deployments and partnerships.
Recent initiatives include the launch of a physical AI laboratory for robotics startups in collaboration with Nvidia.
Another catalyst supporting the stock is Nebius' upcoming addition to the Nasdaq-100 Index.
The company is scheduled to officially join the benchmark index before the market opens on June 22 as part of Nasdaq's quarterly reconstitution.
Index inclusion is often viewed as a positive development because it can lead to automatic purchases by exchange-traded funds and mutual funds that track the Nasdaq-100.
The announcement has attracted considerable attention across financial markets.
On CNBC, market commentator Jim Cramer described the index addition as a "big deal."
Short-interest data also showed a modest decline in bearish positioning.
Short interest fell from 45.10 million shares to 44.30 million shares during the latest reporting period.
Despite the decrease, approximately 20.73% of Nebius' publicly traded shares remain sold short.
Investor optimism has also been supported by Nebius' recent financial performance.
The company reported first-quarter 2026 revenue of $399 million, representing a 684% increase from the same period a year earlier.
Its AI Cloud segment generated $389.7 million in revenue, accounting for approximately 98% of total company sales.
Nebius also reported a quarterly loss of $0.23 per share, significantly better than analysts' consensus estimate of a $0.77 per-share loss.
Several Wall Street firms have raised their price targets following the results.
Citigroup increased its target from $169 to $287 while maintaining a Buy rating.
Morgan Stanley increased its target from $126 to $144 while maintaining an Equal Weight rating.
According to MarketBeat data, the stock currently carries nine Buy ratings and six Hold ratings, with a consensus price target of $203.25.
Technical indicators also reflect the stock's strong momentum.
Nebius is trading nearly 20% above its 20-day moving average and more than 122% above its 200-day moving average, while continuing to trade near its recent 52-week high.
Nvidia has invested in many artificial intelligence (AI)-focused companies lately, and neocloud provider Nebius Group (NBIS +5.91%) is one of them.
In March this year, Nvidia announced that it will invest $2 billion in Nebius to help accelerate the build-out of data centers and AI factories. Nebius specializes in designing and building dedicated AI and high-performance computing (HPC) data centers. It also provides a software stack to help customers create, deploy, and scale AI applications, as well as run inference tasks.
Nebius' end-to-end AI infrastructure platform has been in high demand from hyperscalers, as evidenced by the company's massive backlog. Its focus on aggressively adding new data center capacity has translated into phenomenal growth. Nebius' revenue in the first quarter of 2026 jumped nearly 8x year over year to $399 million.
The company's data center business powered this stunning growth. However, there's another side of Nebius' business that is currently overlooked. This segment could be a major growth driver for this AI stock in the long run. Let's take a closer look at it.
Image source: The Motley Fool.
The data center business is doing heavy lifting for Nebius right now, but there is a hidden opportunity you may have missed Nebius' AI cloud business generated $390 million in revenue in Q1, and it grew by a whopping 841% year over year. The remaining $9 million came from its other ventures -- Avride and TripleTen. Avride is involved in developing robotaxis and sidewalk delivery robots, while TripleTen is in the edtech business. We are going to dive deep into Avride's prospects in this article and examine why it could be a big winner for Nebius in the long run.
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Avride, Nebius' autonomous vehicle and robotics start-up, is backed by Uber. This early stage company is targeting the robotaxi market, which is expected to generate a whopping $400 billion in revenue in 2035, according to Goldman Sachs. The investment bank's analysts estimate that the U.S. robotaxi market could reach $19 billion in revenue in 2030 and grow to $48 billion in 2035.
Uber and Nebius invested $375 million in Avride last year. However, Avride has been under federal investigation as its self-driving cars were involved in 16 accidents in the first three months of 2026 in Dallas and Austin. Now, it remains to be seen whether the robotaxi market eventually lives up to its long-term potential, as all the major players in this space have been involved in incidents.
Alphabet's Waymo, for instance, has been involved in 69 incidents between July 2025 and March 2026 in the two cities. The technology is still in its early phase and needs significant fine-tuning. However, Nebius' partnership with Uber as a commercial partner in Avride could open a significant growth opportunity in the long run.
Meanwhile, the other side of Avride's business -- delivery robots -- is gaining terrific traction. The company notes that its robot deliveries increased by 178% year over year in Q1 to 174,000 units. Avride has shipped more than half a million robots since it started deliveries in April last year.
Importantly, Avride is expanding into more cities and college campuses. The partnership with Uber is proving to be a catalyst for this business, as Uber Eats is using Avride's robots for making deliveries. Fortune Business Insights estimates that the size of the delivery robots market could grow from $686 million this year to $7.6 billion in 2034.
As Avride is already making a dent in this nascent space, don't be surprised if it benefits from the secular growth of the delivery robots market in the future.
The core business is booming We have already seen that Nebius' AI cloud revenue shot up phenomenally last quarter. That trend will continue in 2026 and beyond, as the company has been aggressively expanding its contracted data center power capacity. Nebius plans to end the year with more than 4 gigawatts (GW) of contracted data center power capacity.
It ended 2025 with 170 megawatts (MW) of active data center capacity and expects to end 2026 with 800 MW to 1 GW of active capacity. The company's contracted capacity suggests that it can significantly scale up its operations in the future and capitalize on the huge demand for AI data centers. This is why analysts are anticipating a major spike in Nebius' revenue.
Data by YCharts
Throw in the long-term growth potential of the Avride segment, and Nebius could grow even faster than analysts are anticipating. That's why it would be a good idea to buy this AI specialist right now, even though it is trading at 79 times sales.
However, Nebius' stunning growth and prospects justify that valuation. For instance, even if the company's revenue reaches $21.3 billion at the end of 2028 (as seen in the above chart) and it trades at 9.5 times sales (in line with the U.S. tech sector), its market cap could increase to $202 billion. That's 3x Nebius' current stock price, which is why investors looking to add a growth stock to their portfolios can consider buying it right away.
Nebius Group (NASDAQ:NBIS) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.
Understanding the Power Inflow Signal
Order flow analytics analyze real-time buying and selling trends by examining the volume, timing, and order size across both retail and institutional traders. These insights offer a more detailed understanding of price behavior and market sentiment for a stock, allowing the trader or institution to make the most informed decision possible.
NBIS Performance
At the time of the Power Inflow, NBIS was priced at $282.68. Following the signal:
• Intraday High: $297.93 (+5.39%)
This article is for informational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities. The analysis is based on stock order flow data, but accuracy is not guaranteed. Investing involves risk, including possible loss of principal, and past performance is not indicative of future results. Please consult a licensed financial advisor before making any investment decisions.
Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.
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Named top insurer in Canada, first in the AI Leadership category, and ranked third overall –
underscoring Manulife's strategic priority to be an AI-powered organization
, /PRNewswire/ - Manulife has been named the number one life insurance company for AI maturity overall for the second consecutive year in the 2026 Evident AI Index for Insurance, is now the top insurer in Canada and number one in the AI Leadership category and ranks third overall. These accolades highlight Manulife's ability to scale AI-driven innovation across its global footprint, delivering measurable business value and impact, and accelerating its strategic priority to operate as an AI-powered organization.
"We're proud to be named the number one life insurer for AI maturity for the second year in a row – and are now a top three company overall. This is a powerful validation of Manulife's refreshed enterprise strategy, and our commitment to being an AI-powered organization globally," said Phil Witherington, President and CEO, Manulife. "As we continue to scale, we are focused on disciplined execution and responsible deployment. We expect to generate more than $1 billion1 of enterprise value by 2027, with $300 million achieved as of year-end 2025, reinforcing that our approach is not only improving productivity and efficiency, but also delivering real impact for our customers, colleagues and shareholders."
According to Evident, Manulife has disclosed the deployment of more use cases than any other insurer across the Index. This deployment over the past year reflects a continuous focus on prioritizing AI solutions that deliver measurable outcomes, including the Manulife Automated Underwriting Decision Engine (MAUDE) in Canada, which processes more than half of eligible individual life insurance applications automatically, delivering decisions in as little as two minutes for qualified applicants; John Hancock's Quick Quote, which simplifies and accelerates the insurance quoting experience; a suite of AI-enabled tools within Manulife Wealth & Asset Management designed to enhance investment insights and decision-making; and AI-driven capabilities across Asia, from digital underwriting and claims management, AI Assistants for distribution partners, and more personalized customer experiences .
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1 The expected value from our AI initiatives include realized run-rate expense reductions, top-line revenue uplift from AI-powered workflows, fraud reduction, and growth absorption.
The Evident AI Index for Insurance assesses AI maturity across 30 of the most prominent insurance companies in North America and Europe, measuring progress across four key categories: Talent, Innovation, Leadership, and Transparency. This year's results reflect a significantly higher bar across the industry, as insurers transition from capability building to scaled deployment and optimization.
Manulife ranked first in the Leadership pillar and with strong scores in Transparency, with Evident citing the company's consistent executive engagement, industry influence, and transparent approach.
"This recognition reflects the depth of AI integration across Manulife and the deliberate way we are scaling its impact," said Jodie Wallis, Global Chief AI Officer, Manulife. "Our focus is on practical, responsible applications of AI that deliver measurable outcomes, underpinned by strong governance that is increasingly automated and embedded into how AI is developed and used. Being recognized among industry leaders in AI maturity reflects the sustained progress our teams are making as we evolve from adoption to consistent, enterprise-wide execution."
"Manulife ranks first amongst life insurers in the Evident AI Index for Insurance for the second year running, reflecting its ability to build AI capability around the workflows that matter most," said Alexandra Mousavizadeh, Co-Chief Executive Officer and Co-Founder, Evident. "Manulife shows a deliberate approach towards building AI capacity, growing the AI talent pool by 41% year-on-year, embedding a scalable architecture, and using AI to deliver improvements in access, conversation and long-term customer relationships. Being amongst a very small number of insurers to publish both realized and projected returns at the company level demonstrates Manulife's robust internal methodologies."
These results demonstrate the consistency and scale with which Manulife is putting AI into practice across the enterprise. Guided by its refreshed Enterprise Strategy and Responsible AI Principles, the company is embedding AI into day-to-day work to simplify processes, improve decision making and deliver better outcomes for customers, advisors and colleagues.
To learn more about Manulife's approach to artificial intelligence, visit manulife.com/AI. The full 2026 Evident AI Insurance Index report and methodology are available at evidentinsights.com.
Caution regarding forward-looking statements
This document contains forward-looking statements within the meaning of the "safe harbour" provisions of Canadian provincial securities laws and the U.S. Private Securities Litigation Reform Act of 1995 with respect to Manulife's use of its digital capabilities and the expected benefits it expects to realize from AI. Although we believe that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to general business and economic conditions; changes in laws and regulations with respect to the use of AI-enabled tools; our ability to execute our digital plans and to deploy future digital use cases; our ability to adapt products and services to the changing market; our ability to attract and retain key employees and our ability to protect our intellectual property and exposure to claims of infringement from others. Additional information about material risk factors that could cause actual results to differ materially from expectations may be found in our most recent annual and interim reports and elsewhere in our filings with Canadian and U.S. securities regulators.
The forward-looking statements in this document are, unless otherwise indicated, stated as of the date hereof. We do not undertake to update any forward-looking statements, except as required by law.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as 'MFC' on the Toronto, New York, and Philippine stock exchanges, and under '945' on the Hong Kong stock exchange.
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
Media Contact
Gina Simonis
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[email protected]
The insurer withdrew a highly leveraged Hong Kong product offering over 10% projected returns. Summary
Manulife halted leverage on a high-net-worth insurance product in Hong Kong.
Manulife Financial MFC has pulled leverage from a Hong Kong insurance product aimed at wealthy clients after the offering drew scrutiny from regulators and competitors. The product allowed clients to buy a policy with $80 million in nominal value using almost four times leverage, according to marketing materials seen by Bloomberg. Clients needed to put down $14.4 million, while another $56 million was borrowed at a fixed 3.39% interest rate for five years. That stood out because market lending rates on other policy loans available to retail customers are currently around 7%.
Premium financing is common among high-net-worth clients, but this structure appeared more aggressive because of its leverage and unusually low financing costs. Manulife said it regularly reviews policy services and makes adjustments as part of routine operations, while adding that it remains committed to customer needs. Hong Kong Insurance Authority CEO Clement Cheung said the regulator does not comment on individual cases, but noted that the watchdog has seen “creative financial arrangements” in the industry and remains focused on policyholder protection. The regulator has also warned that projected returns can fall short, while early surrender or unexpected interest costs could create heavy losses.
The move comes as Hong Kong and mainland Chinese authorities tighten oversight of cross-border wealth channels. In 2024, mainland visitors generated HK$62.8 billion, or $8.1 billion, in new premiums, making up nearly 29% of Hong Kong's insurance market. The regulator later stopped publishing sales statistics for mainland Chinese visitors while reviewing how non-local policyholder data is collected. Still, demand for large policies could remain strong. Earlier this year, Manulife's Singapore unit sold a $300 million life insurance policy, exceeding the Guinness World Records threshold for the most valuable single life insurance policy ever issued.
Previewing the SpaceX (SPCX 4.95%) IPO earlier this year, I explained what investors should expect in three simple steps.
First: SpaceX IPO fever would make space stocks skyrocket -- and Redwire (RDW +6.37%) roughly doubled in four months. Next: Investors would question whether they wanted to own a second-tier space stock like Redwire at all, when industry leader SpaceX would soon go public. Finally: Investors would rush to sell other space stocks, and put the money in SpaceX instead. We're in this final stage now, and Redwire stock is down 22% since SpaceX's IPO.
Image source: Getty Images.
Redwire goes ice cold Redwire stock dropped another 10.5% through 10:25 a.m. ET today -- while SpaceX stock gained nearly 10%. This brings to mind the old advice "follow the money," except here, the money trail is so obvious you don't really need to do much following.
Investors are pulling money out of Redwire and pouring it into SpaceX stock instead.
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What's next for Redwire stock For Redwire investors, this has to feel discouraging -- but here's where the news turns good. According to data from StreetInsider.com, call options to buy Redwire stock at higher prices are currently outrunning put options to sell Redwire stock by a 3.6-to-1 ratio.
This tells me that serious investors are preparing for a serious rally in Redwire stock.
Are they right? That's hard to say. Deeply unprofitable and burning cash, Redwire isn't expected to earn even an EBITDA profit before 2027, and GAAP profits are even farther away. Still, when I look at unprofitable SpaceX stock that costs 130 times sales, versus Redwire stock trading for just six times sales, I know which one I'd pick.
Redwire stock is the better value play here.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Redwire has seen significant volatility, with shares halving from the recent highs. RDW's Q1 revenues surged 58% year-over-year to $97 million, but gross margins remain thin, raising profitability concerns. Management forecasts $450 million–$500 million in 2025 revenues, well above the annualized Q1 pace, but persistent GAAP losses and a $500 million ATM offering are hurdles.
The race to commercialize Earth's orbit has shifted from speculative science fiction to a growing industrial reality. Investors now face a choice between Redwire (RDW +6.37%) and Rocket Lab USA (RKLB +3.10%) for their space exposure.
While both companies operate within the same broader sector, they offer different entry points into the space economy. Redwire focuses on the hardware and infrastructure that keep satellites running, while Rocket Lab provides the vehicles to get them there, along with its own satellite platforms. Comparing these two requires a deep dive into their growth rates, financial stability, and market positions in the 2026 landscape.
The case for RedwireRedwire operates as a specialized provider of space infrastructure, offering solar arrays, avionics, and autonomous systems for a variety of missions. The company serves a diverse mix of civil, commercial, and national security customers who require reliable components for complex spacecraft. Its technology is increasingly vital among defense stocks as governments seek to modernize their satellite constellations. However, customer concentration adds a layer of risk to the business, as its two largest customers accounted for roughly 19% and 20% of total revenue, respectively, in late 2025.
In fiscal 2025, revenue reached $335.4 million, a 10% increase compared to the prior year. Despite this growth, the company reported a net loss of approximately $226 million for the period.
The widening loss compared to previous years suggests that while the top line is expanding, the company is still navigating significant costs associated with its manufacturing and development efforts.
As of its December 2025 balance sheet, the debt-to-equity ratio was approximately 0.1x. This ratio, which compares total debt to shareholder equity, suggests a relatively low reliance on borrowed funds. The current ratio, a measure of a company's ability to pay short-term obligations, was approximately 1.6x. Free cash flow, which is cash flow from operations minus capital expenditures, was negative $190.8 million. This figure indicates that the business is currently consuming more cash than it generates from its core activities to fund its ongoing operations.
The case for Rocket LabRocket Lab has established itself as a leading end-to-end space company, providing both reliable launch services and sophisticated satellite manufacturing. The company has successfully scaled its Electron launch vehicle and is developing the larger Neutron rocket to compete for heavier payloads.
Its customer base is quite concentrated, with the top five customers accounting for nearly 49% of revenue in 2025. This means that the loss of a single major contract could significantly impact its financial performance and backlog stability.
For fiscal 2025, revenue reached nearly $602 million, representing an impressive 38% year-over-year growth rate. The company recorded a net loss of approximately $198 million, an improvement in net margin compared to previous years. This trend suggests the business is achieving greater scale as it ramps up production of its satellite components and maintains a steady launch cadence.
Based on the December 2025 balance sheet, the debt-to-equity ratio is approximately 0.1x, indicating that total debt is quite low relative to shareholder equity. The current ratio stands at a healthy 4.1x, suggesting the company has ample liquidity to meet its short-term liabilities.
However, free cash flow was negative $321.8 million for the year, as the company continues to invest heavily in developing its new Neutron rocket. Investors should note that negative free cash flow is common for capital-intensive companies in the growth phase of the space industry.
Risk profile comparisonRedwire faces significant risks due to its reliance on a small number of large customers and on government contracts. Since a significant portion of its business is tied to U.S. government spending, budget uncertainty or contract terminations could harm its revenue streams.
The company also faces intense competition from established defense contractors and new market entrants. Furthermore, if the company fails to protect its intellectual property, it could lose its competitive edge or face costly litigation that disrupts its operations.
Rocket Lab also faces risks. It deals with the inherent uncertainty of rocket science, where any launch failure or manufacturing defect can lead to reputational damage and financial loss. For instance, technical issues with its Neutron development or future Electron launches could delay missions and impact revenue.
The company also competes in a global market against well-funded giants like SpaceX and Northrop Grumman. Additionally, its reliance on single-source vendors for certain composites and propulsion components creates a supply chain risk that could halt production if those vendors fail to deliver.
Valuation comparisonRedwire appears much more affordable on a revenue basis, while Rocket Lab carries a significant premium reflecting its faster growth and larger market ambitions.
MetricRedwireRocket Lab USASector BenchmarkForward P/En/a163824.0x29.8xP/S ratio6.8x98.5xn/aSector benchmark uses the SPDR XLI sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Both space stocks command rich valuations and have similarly mixed financials, particularly in profitability. Both are also demonstrating great expansion potential as investment pours into the limitless frontiers of space.
However, Rocket Lab is the one I would bet on. While Redwire is positioning for high-margin growth by providing essential infrastructure for future space missions, Rocket Lab is growing faster at greater scale, indicating the size of its addressable market.
On a trailing-12-month basis, Redwire’s revenue totaled $371 million, up 34% year over year. Rocket Lab generated $680 million in revenue, up 46%.
Redwire is focused on space infrastructure, but Rocket Lab is building a complete end-to-end space company. It is pursuing opportunities in satellite services and spacecraft development. This will allow it to operate lucrative services such as Earth observation, navigation, and data analytics.
By operating across spacecraft and downstream services, Rocket Lab’s vertically integrated business strategy will likely create more opportunities to grow and deliver long-term returns to investors. This explains why the stock has outperformed over the past year and why investors are placing a much higher valuation on the stock in 2026.
Garmin (GRMN - Free Report) ended the recent trading session at $231.89, demonstrating a -1.31% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 1.22%. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq depreciated by 1.35%.
The maker of personal navigation devices's stock has climbed by 2.74% in the past month, exceeding the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.
Investors will be eagerly watching for the performance of Garmin in its upcoming earnings disclosure. The company's upcoming EPS is projected at $2.27, signifying a 4.61% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.93 billion, indicating a 6.41% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $9.53 per share and revenue of $7.98 billion, indicating changes of +11.33% and +10.12%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Garmin. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Garmin possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Garmin is presently being traded at a Forward P/E ratio of 24.65. This valuation marks a discount compared to its industry average Forward P/E of 30.06.
One should further note that GRMN currently holds a PEG ratio of 2.78. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Electronics - Miscellaneous Products industry had an average PEG ratio of 1.68 as trading concluded yesterday.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 60, placing it within the top 25% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Key Takeaways Rigetti shares fell nearly 9% as Quantinuum's $15B Nasdaq debut drew investor attention.QNT's IPO has set a new valuation benchmark for quantum computing peers.RGTI reported $4.4M in first-quarter revenues, up nearly 199%, with $569M in cash and no debt. Rigetti Computing (RGTI - Free Report) shares tumbled nearly 9% on Tuesday as investors turned their attention to Quantinuum's (QNT - Free Report) blockbuster Nasdaq debut. The quantum computing company raised about $1.68 billion in an upsized initial public offering (IPO) and debuted with an approximate valuation of $15 billion, instantly becoming the largest publicly traded pure-play quantum computing company. The listing has effectively reset valuation expectations across the quantum sector and introduced a new benchmark for investors assessing competitive positioning among companies such as Rigetti, IonQ (IONQ - Free Report) and D-Wave Quantum (QBTS - Free Report) .
However, per a Reuters article, Quantinuum's lofty valuation comes with its own set of questions. Japan's RIKEN research institute accounted for roughly 60% of the QNT's 2025 total revenues of about $30.9 million, highlighting the industry's continued reliance on government and research spending. QNT also posted a net loss of nearly $193 million in 2025. As a result, investors may increasingly compare the growth trajectories, technological roadmaps and commercialization prospects of publicly traded quantum companies rather than simply rewarding pure quantum exposure. For Rigetti, this comparison could cut both ways. Quantinuum's trapped-ion architecture is widely viewed as a leader in fidelity and error correction, but Rigetti continues to emphasize the speed and scalability advantages of its superconducting, chiplet-based approach.
Rigetti's recent execution has been improving. The company delivered first-quarter 2026 revenues of $4.4 million, up nearly 199% year over year, driven by Novera QPU deliveries and government projects, while ending the quarter with approximately $569 million in cash and no debt. Management also highlighted the general availability of its 108-qubit Cepheus-1 system across Rigetti Quantum Cloud Services, Amazon Braket, Microsoft Azure Quantum and qBraid and reiterated its goal of reaching quantum advantage within roughly three years through a 1,000-plus-qubit, high-fidelity architecture.
Thus, the selloff in Rigetti appears to reflect capital rotation and a broader reassessment of relative value rather than any deterioration in the company's fundamentals.
Peers UpdatesThe ripple effects of Quantinuum's blockbuster IPO extended beyond Rigetti, with IONQ and QBTS also tumbling in Tuesday's trading session. The selloff suggests that investors are reassessing valuations across the quantum computing space following the emergence of a new $15 billion pure-play competitor.
Quantinuum's listing has not only diverted speculative capital toward the newly public company but also intensified comparisons of technological capabilities, commercialization strategies and paths to profitability among quantum players. For IonQ and D-Wave, whose shares have rallied sharply over the past year, the IPO may have triggered profit-taking and a broader sector-wide repricing as investors recalibrate expectations for the rapidly evolving quantum computing market.
Rigetti’s Price Performance, Valuation and EstimatesShares of RGTI have lost 6.9% in the year-to-date period compared with the industry’s decline of 11.4%.
Image Source: Zacks Investment Research
From a valuation standpoint, Rigetti trades at a price-to-book ratio of 11.75, above the industry average. RGTI carries a Value Score of F.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Rigetti’s 2026 earnings implies a significant 70.3% improvement from the year-ago period.
Image Source: Zacks Investment Research
The company currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Rigetti Computing, Inc. (RGTI - Free Report) ended the recent trading session at $20.25, demonstrating a -1.91% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 1.22%. Elsewhere, the Dow lost 0.98%, while the tech-heavy Nasdaq lost 1.35%.
The stock of company has risen by 29.32% in the past month, leading the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.
The investment community will be closely monitoring the performance of Rigetti Computing, Inc. in its forthcoming earnings report. The company is forecasted to report an EPS of -$0.03, showcasing a 40% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $4.91 million, indicating a 173% upward movement from the same quarter last year.
RGTI's full-year Zacks Consensus Estimates are calling for earnings of -$0.18 per share and revenue of $25.32 million. These results would represent year-over-year changes of +71.88% and +257.28%, respectively.
It is also important to note the recent changes to analyst estimates for Rigetti Computing, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Rigetti Computing, Inc. currently has a Zacks Rank of #4 (Sell).
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 86, finds itself in the top 36% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$12.75▼
$46.75Price Target$36.80
As Q2 2026 wraps up, the quantum computing race is as fierce as ever, and established pure-play companies like D-Wave Quantum Inc. NYSE: QBTS are facing new pressures. On one hand, D-Wave has to contend with increased activity in the quantum space by larger tech companies like Intel Corp. NASDAQ: INTC and IBM Corp. NYSE: IBM, both of which have made big pushes with new investments or major partnerships that leverage their size and operational advantages. This is made more complicated by an infusion of about $2 billion in funding across the industry from the Commerce Department, only a small portion of which is slated to go to D-Wave.
On the other hand, D-Wave also faces often-overlooked threats from smaller, up-and-coming quantum companies. One in particular—Arqit Quantum Inc. NASDAQ: ARQQ—may stand out in the field as a new rival. Below, we look at Arqit and a larger company traditionally outside of the quantum space, Qualcomm Inc. NASDAQ: QCOM, that may also threaten D-Wave's status as a leader in the field.
Get D-Wave Quantum alerts:
A Highly Speculative Quantum Cybersecurity Play Ahead of Its TimeArqit takes a unique approach within the quantum ecosystem in that it is a cybersecurity firm focused on quantum-safe encryption solutions. As quantum computing technology continues to develop, it may introduce new security threats that classical computing systems are not equipped to handle—the risks may even extend to cryptocurrencies. Arqit is now preparing for future security threats that harness quantum tech thanks to its key distribution architecture.
Arqit Quantum Today
$19.74 -0.20 (-1.01%)
As of 09:31 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$11.52▼
$62.00Price Target$60.00
For the first half of its fiscal 2026 (ending Sept. 30, 2026), revenue soared by some 830% year over year (YOY) on the strength of 11 unique contracts, up from seven a year prior. The company is breaking key ground with telecom network operators, government agencies, defense contractors, and other enterprise organizations, all of which could be vital client constituencies as the firm continues to grow.
By May 20, 2026, Arqit had amassed nearly $36 million in cash—while this remains modest, it is up about $7 million in the span of under two months. Supporting Arqit's growth is a collaboration with Intel that sees the former's encryption software pre-installed on select Intel hardware, as well as other partnerships that are emerging.
Investors may be concerned, however, that Arqit has missed some of its sales projections and that the company has diluted shares multiple times in recent years. These are reasons why it gets a Hold rating overall, with one Wall Street analyst suggesting ARQQ is a Buy and another calling it a Sell. Still, the price target of $60 is nearly 230% above current price levels. ARQQ is certainly a speculative and high-risk play, but it represents an early entrant to an industry that could end up being transformative—and which may eventually draw investor attention away from firms like D-Wave.
A Non-Quantum Company With an Important Role in Quantum DevelopmentWhile Arqit has a market capitalization of only around $280 million, Qualcomm is nearly 850 times larger at roughly $238 billion. And though Qualcomm is not a pure-play quantum company—it is a wireless communications and semiconductor firm—it is nonetheless an emerging player in quantum technology through its Qualcomm Ventures arm.
Qualcomm Today
$220.06 +5.99 (+2.80%)
As of 09:32 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$121.99▼
$259.92Dividend Yield1.67%
P/E Ratio23.70
Price Target$184.29
Qualcomm Ventures is a venture capital branch of Qualcomm that invests in quantum computing firms, among others. Notably, Qualcomm Ventures has made a significant investment in control system creator Quantum Machines, the maker of a platform used to control quantum processors.
For Qualcomm, the interest in quantum computing is at least two-fold. For one, the company has significant capital and leverage to deploy to participate in the quantum race, despite its traditional focus elsewhere. Beyond that, though, Qualcomm will benefit from the development of quantum-safe communications hardware. The threat of future quantum-based hacking will no doubt have an impact on the rollout of future 6G networks and beyond, and Qualcomm's products will be safer for customers if the company can play a role in the development of key algorithms and cryptography.
In its latest earnings report, Qualcomm posted a modest 3.5% YOY decline in revenue, even as sales reached $10.6 billion and beat analyst predictions. EPS of $2.65 also beat expectations and came in at the high end of guidance. Some of Qualcomm's non-quantum businesses helped to drive performance—including, most notably, its automotive revenue and its data center business. For investors interested in Qualcomm's potential within the quantum space, the buffer provided by this operational diversification may be a strong draw.
Should You Invest $1,000 in D-Wave Quantum Right Now?Before you consider D-Wave Quantum, you'll want to hear this.
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Shares of IonQ (IONQ 2.10%), D-Wave Quantum (QBTS 4.26%), and Rigetti Computing (RGTI 1.91%) all surged in April and May as their quarterly results came in ahead of analysts' estimates and Wall Street started taking the sector seriously again. Then came the reversal. IonQ fell by 21% in a single week in early June despite posting record quarterly revenue. D-Wave is down roughly 23% year to date and has struggled to hold gains even after a bookings quarter that most software companies would celebrate. Rigetti, which has less commercial revenue than the other two, sits down 19% year to date. The Quantinuum (QNT +13.21%) IPO filing -- with its $12.7 billion valuation and Honeywell (HON 0.38%) backing -- reminded public market investors that a better-funded competitor was in the room.
This is what a sector reset looks like. Not a collapse of the underlying technology, but a valuation recalibration after a run-up that had gotten well ahead of the fundamentals. For investors with patience, the gaps between prices and progress are where opportunities live. But not every stock in a beaten-down sector deserves a second look.
Image source: Getty Images.
Rigetti is still too early Rigetti Computing posted Q1 2026 revenue of $4.4 million. The company has over $569 million in cash on its books, a deal to sell a 108-qubit system to the Indian government's Centre for Development of Advanced Computing, and a 128-qubit platform actively shipping. The technology is advancing -- no question. But its revenue base is thin enough that valuing the stock with any precision is an exercise in guesswork. Rigetti's market cap today implies commercial traction that the company hasn't yet demonstrated. Its cash cushion is long, which means this isn't an existential story. It's just an early one. I'm watching, not buying.
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IonQ has the best business, and the richest price IonQ is the most compelling quantum computing company from a pure business standpoint. In Q1, its revenue reached $64.7 million -- up 755% year over year -- full-year guidance was raised to a range of $260 to $270 million, and its backlog hit $470 million. The company has government contracts, enterprise cloud deals, and a roadmap to fault-tolerant computing that has earned genuine respect from analysts.
The stock is trading near $57 after last week's 21% drop, but even at that level, it carries a valuation that prices in years of execution going right. IonQ has the best fundamentals in the pure-play quantum space. The question is whether the market is paying you to own those fundamentals or charging you to own them. Right now, I think it's the latter. The business is exceptional. The entry point is not.
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D-Wave Quantum is the one I'm buying Thanks to its recent acquisition of peer Quantum Circuits, D-Wave is the only dual-platform quantum company -- building both quantum annealing and gate-model systems -- and its quantum annealing hardware is being deployed to solve real enterprise optimization problems today. That tech doesn't need to wait for error-reduction and correction breakthroughs that remain years away. That's the part that gets dismissed because it doesn't fit the "quantum future" narrative. But it's also the part that generates revenue now.
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In Q1, D-Wave's revenue was a modest $2.9 million -- but its closed bookings hit $33.4 million, up 1,994% year over year. The company signed a $20 million system sale to Florida Atlantic University and a $10 million quantum-computing-as-a-service deal with a Fortune 100 company in the same quarter. Remaining performance obligations surged by 563%. Management guided for the bulk of 2026 revenue to hit in the second half of the year as those contracts convert.
The stock is down around 20% year to date and trades at roughly $23 per share. To me, D-Wave is the quantum stock for which the market is most clearly pricing in yesterday's skepticism while ignoring today's booking momentum. It is not the most technically impressive name in the sector. It is the one doing the most business right now. Also, at this price, that distinction matters.
Optima Health PLC (AIM:OPT, OTC:OHLTF, FRA:J3N) said full-year revenue rose around 15% to approximately £121 million for the year ended 31 March 2026, in line with market expectations, as the occupational health and wellbeing services provider continued to grow its UK and Ireland platform.
The AIM-listed group said adjusted EBITDA for FY26 is expected to be around 10% ahead of previous market expectations, as previously announced. It also recognised £4.7 million of other income relating to a previously disclosed procurement matter.
A major focus of the update was Optima’s £100 million acquisition of PAM Healthcare Limited, completed on 26 March 2026. The company described the deal as transformational, saying it materially expands the group’s scale, capabilities and market reach. Integration is already underway, with £1.3 million of annualised cost synergies delivered by 1 June.
Optima ended March with net debt, excluding leases, of £94.4 million, comprising £21.6 million of cash and £116 million of debt. Net debt reduced after the period-end following repayment of a £30 million shareholder bridging loan linked to the PAM deal, using proceeds from an underwritten open offer completed in April. Full-year results are expected in August 2026.
BSF Enterprise PLC (LSE:BSFA, OTC:BSFAF) said its T-Rex Leather handbag project had successfully validated the structural performance of its advanced tissue engineering platform, despite the Paris auction falling short of its reserve price.
The company said public bidding for the world’s first T-Rex Leather handbag reached €150,000 at Hôtel Drouot in Paris, missing the reserve of €500,000, and the piece has now been moved into a private sale process aimed at interested auction parties, institutional collectors, museums and high-net-worth individuals.
BSF described the project as a technical demonstration rather than a consumer fashion launch, saying the handbag proved its ability to produce a dense, stitchable and tannable bio-synthetic material using its scaffold-free ATEP platform.
The company added that the visibility from the Paris exhibition had accelerated commercial discussions with major potential partners, including a global sportswear business assessing performance footwear applications and a tier-one automotive manufacturer exploring sustainable vehicle upholstery.
Chief executive Dr Che Connon said the auction had demonstrated “an incredible engineering feat”, adding that automotive and footwear groups were not interested in buying a handbag but in licensing the platform that created it.
BSF also pointed to its broader portfolio, including lab-grown leather, 3D Bio-Tissues’ City-Mix and CytoBoost products, and Kerato’s corneal repair technology, saying its value remained supported by multiple commercial and clinical development routes.
Shares in Rathbones Group PLC (LSE:RAT, OTC:RTBBF) tumbled 16.5% to 1,630p on Tuesday after the wealth manager flagged a regulatory review that found shortcomings in its UK business and will trigger £60 million of costs.
The group commissioned a skilled person review, an independent assessment overseen by the Financial Conduct Authority, after engagement with the regulator.
It identified areas for improvement in how the UK wealth arm has implemented Consumer Duty, the FCA rules requiring firms to deliver good outcomes for retail clients.
The review also flagged weaknesses in aspects of the group's compliance, oversight and assurance arrangements.
Rathbones will run a two-year programme to address the recommendations, alongside a targeted review of some clients to check they received good outcomes.
The firm has paused, for up to twelve months, the onboarding of new clients requiring enhanced due diligence while it overhauls procedures and controls.
Such clients generated gross inflows of about £370 million over the past year.
It has also halted some inflows into general investment accounts from existing higher-risk clients, affecting roughly 4,700 people, or 4% of its 119,000 clients.
Those accounts brought in about £530 million in gross inflows over the same period.
The £60 million in expected costs, net of insurance recoveries, will be booked as non-underlying expenses over two years.
Rathbones will also stop charging management fees on cash held in clients' discretionary portfolios from 1 July, cutting underlying pre-tax profit by about £9 million in 2026.
The dividend policy is unchanged, and a £20 million share buyback, now approved by the Prudential Regulation Authority, will begin shortly.
Chief executive Jonathan Sorrell said the work would support the firm's ambition to be the best UK wealth manager and that its strategy remained unchanged.
Key Takeaways APLD's growth remains tied to a small group of hyperscale customers, creating concentration risk.APLD is developing multiple AI Factory campuses while investing in cooling and power solutions.APLD trades at a premium valuation despite ongoing losses and rising leverage concerns. Applied Digital (APLD - Free Report) presents a concerning investment picture that should give potential investors serious pause. Shares of the AI data center developer have appreciated 89.5% in the year-to-date period, outpacing the broader Zacks Finance sector’s 3% return and the Financial - Miscellaneous Services industry’s decline of 8.2% over the same period.
APLD's explosive rally reflects investor enthusiasm surrounding artificial intelligence infrastructure and high-performance computing demand. However, such strong momentum can sometimes overshadow underlying risks. A closer examination of the company's fundamentals suggests the stock's recent strength may be difficult to sustain.
APLD’s YTD Performance
Image Source: Zacks Investment Research
Let's take a closer look to understand why investors should stay away from APLD stock right now.
APLD's Customer Concentration Remains a Structural RiskAlthough APLD has significantly expanded its commercial footprint, customer concentration remains a key risk. The company has grown its contracted revenue base to approximately $36 billion across five campuses, with nearly 70% backed by investment-grade counterparties. Despite this progress, a substantial portion of APLD's long-term growth expectations continues to depend on a relatively small group of hyperscale customers. Competitors such as IREN (IREN - Free Report) and Vertiv Holdings (VRT - Free Report) are aggressively expanding their own AI infrastructure capabilities, intensifying the competition for incremental hyperscale commitments.
CoreWeave (CRWV - Free Report) remains one of APLD's most important tenants and has played a central role in the company's rapid expansion. CoreWeave carries a substantial debt load of its own, meaning any deterioration in its GPU rental economics or capital structure could have an outsized impact on APLD's earnings visibility. Any slowdown in AI infrastructure investments, changes in deployment plans or weaker demand for GPU capacity could adversely affect future growth prospects.
This risk is further amplified by APLD's capital-intensive business model, which requires substantial ongoing investment in new campuses and infrastructure. IREN has demonstrated how swiftly credible players can secure large-scale hyperscaler agreements, while Vertiv Holdings continues deepening relationships with the same hyperscale customer base, potentially limiting APLD's growth opportunities over time.
APLD Prioritizes Simultaneous Investment Over ProfitabilityAPLD continues to pursue an ambitious growth strategy that requires substantial capital deployment well ahead of earnings generation. The company is simultaneously developing multiple AI Factory campuses, funding successive construction phases and investing in supporting technologies such as advanced liquid-cooling infrastructure and proprietary waterless cooling solutions. It has also extended credit support to Base Electron, an independent power producer being developed to expand power availability across the Dakotas. Yet despite the expanding investment footprint, a clear path to sustainable profitability remains absent.
The financial impact of this strategy is becoming increasingly visible. Despite reporting third-quarter fiscal 2026 revenue growth of 139% year over year, APLD posted a net loss of 36 cents per share. The company ended the quarter with approximately $2.1 billion in cash and cash equivalents against $2.7 billion in debt. Its leverage profile has since increased following the issuance of an additional $1.59 billion in senior secured notes. Meanwhile, the Zacks Consensus Estimate for fiscal 2026 loss is pegged at 68 cents per share, widening by 7 cents over the past 30 days, reflecting growing concerns over the timing of meaningful earnings generation.
APLD Shares Are OvervaluedAPLD shares are overvalued as suggested by a Zacks Value Score of F. The stock trades at a forward price-to-sales multiple of 16.95X, a steep premium to the Zacks industry multiple of 2.81X and the broader sector multiple of 8.82X. Against peers, the disconnect is stark, with IREN trading at 8.22X and Vertiv Holdings at 7.73X.
This premium is difficult to justify given APLD's continued dependence on CoreWeave as its anchor tenant, an expanding investment mandate that is outpacing earnings generation and the absence of a clear near-term path to profitability.
ConclusionDespite rapid revenue growth and an expanding campus portfolio, APLD's path to profitability remains long and uncertain. Persistent net losses, a heavily leveraged balance sheet, continued dependence on a handful of hyperscale customers and a stretched valuation present meaningful near-term risk.
APLD currently carries a Zacks Rank #5 (Strong Sell), suggesting that investors should stay away from the stock for now.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways Applied Digital derives nearly 90% of contracted lease revenues from just two hyperscale customers.Growth depends on Delta Forge and Polaris Forge projects expected to begin operations in 2027-2028.Applied Digital faces a higher customer concentration risk than its peers. Applied Digital's (APLD - Free Report) customer concentration remains elevated despite continued efforts to diversify its hyperscale customer base. APLD has expanded its development pipeline and is actively pursuing additional leasing opportunities, but contracted revenue remains heavily concentrated among a limited number of customers, creating an ongoing risk to long-term revenue visibility.
The concentration remains significant. Of the company's approximately $36 billion in total contracted lease revenues, $11 billion is attributable to CoreWeave, while a separate hyperscaler anchors Delta Forge 1, Polaris Forge 3 and Delta Forge 2 and accounts for $20 billion. The remaining $5 billion is tied to a third hyperscaler at Polaris Forge 2. Together, just two customers represent close to 90% of total contracted revenues, leaving long-term growth tightly bound to the demand and credit trajectory of a narrow set of counterparties.
The risk becomes more pronounced as Applied Digital expands its AI data center platform. Initial operations at Delta Forge 1, Polaris Forge 3 and Delta Forge 2 are not expected until 2027 and 2028, meaning future growth will depend heavily on the successful execution and continued expansion of existing customer relationships. While the company continues to market additional development sites and broaden its hyperscaler pipeline, customer diversification has not kept pace with the growth in contracted capacity.
Hence, any slowdown in deployment plans, capital spending or credit quality among Applied Digital's largest customers could have an outsized impact on future revenue growth. Until the company adds customers capable of contributing significantly to the revenue, concentration risk is likely to remain a key overhang.
APLD Faces Stiff CompetitionApplied Digital's customer concentration remains significantly higher than that of its peers, Equinix (EQIX - Free Report) and Digital Realty Trust (DLR - Free Report) . Equinix benefits from a highly diversified customer base spanning enterprises, cloud providers and network operators, while Digital Realty Trust generates revenue from a broad mix of hyperscale and colocation customers. In contrast, Applied Digital derives the majority of its contracted lease revenues from a handful of hyperscale customers.
Unlike Equinix and Digital Realty Trust, which are less dependent on any single tenant, Applied Digital remains exposed to customer-specific spending decisions and counterparty risks.
APLD’s Share Price Performance, Valuation & EstimatesApplied Digital’s shares have returned 88.7% year to date, while the broader Zacks Finance sector has declined 3.7% and the Zacks Financial-Miscellaneous Services industry has plunged 6%.
APLD Stock’s Performance
Image Source: Zacks Investment Research
Applied Digital stock is trading at a forward 12-month price/sales of 16.87X compared with the broader sector’s 8.82X. APLD has a Value Score of F.
APLD’s Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for fiscal 2026 loss is pegged at 68 cents per share. Applied Digital reported a loss of 80 cents per share in the previous year.
Expand Energy is rated a Strong Buy, with a $132 price target vs. sub-$90 current levels, driven by resilient free cash flow at low gas prices. EXE's dual-basin Marcellus-Haynesville footprint enables flexibility: Low-cost Marcellus supports cash flow in weak markets, while Haynesville offers upside as prices rise. Despite bearish speculative sentiment and near-term headwinds, intermediate-term catalysts include LNG export growth, industrial demand, and power sector expansion.
This article focuses on EXE's merger and how it became the largest U.S. natural gas producer. The company has strong financial health but trades at a discounted valuation as its 3.32x EV/EBITDA is well below the industry benchmark of about 5.0x. Investment thesis centers on the company's cyclical nature and potential for both risk and opportunity.
SANTA CLARA, Calif. and OAK RIDGE, Tenn.--(BUSINESS WIRE)---- $OKLO #advancedfission--Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, and Standard Nuclear, a reactor-agnostic producer of TRISO nuclear fuel, today announced they have entered a memorandum of understanding (MOU) to explore commercial collaboration on nuclear fuel recycling and advanced fuel manufacturing. As part of that collaboration, the companies also intend to work together on the safe, secure, and cost-effective utilization of U.
Oklo Inc. (NYSE:OKLO | OKLO Price Prediction) is the ticker every AI-energy headline keeps shoving in your face, propped up by a 1.2 GW Meta power agreement and a 300% rally in 2025 tied to small modular reactor hype. But here’s what you should actually be watching.
The Oklo Story Is a Pre-Revenue Wager Dressed as a Thesis Strip the narrative away and the numbers are unsentimental. Oklo carries a multibillion-dollar market cap against trailing revenue of $0, with TTM EPS of -$0.84 and EBITDA of -$172.1 million. The first Aurora powerhouse is not scheduled to come online until late 2027 to early 2028, and the marquee Meta campus does not hit full 1.2 GW capacity until 2034. That is a long runway to fund with a balance sheet that depends on equity issuance.
The market is already voting. Shares are down 21.42% over the past month and 19.37% year to date, sitting well below the 200-day moving average of $85.63. Jim Cramer put it bluntly, saying Oklo has “very little prospects for making any money any time in the future” and advising holders to sell every nuclear name except one. That one is the redirect.
A Restructured Energy Platform With Real Cash Flow GE Vernova (NYSE:GEV) is the post-spin power, electrification, and wind platform sitting on a roughly $243.67 billion market cap, and it is monetizing the exact AI data center demand Oklo only promises. Shares are up 87.97% over the past year and 38.93% year to date, and analysts carry an average target of $1,216.13 with 29 Buy or Strong Buy ratings versus zero Sells. Three reasons retirement-focused capital belongs here.
1. Real revenue, real backlog, real returns. Q1 2026 delivered revenue of $9.30 billion (+15.8% YoY), orders of $18.30 billion (+71% organic), and free cash flow of $4.80 billion. The Q4 2025 backlog hit a record $150 billion, the quarterly dividend doubled to $0.50, and the buyback authorization was raised to $10 billion.
2. The AI tailwind is already in the P&L. Electrification booked $2.4 billion in data center equipment orders in Q1 2026 alone, exceeding all of 2025, with a book-to-bill near 2.5. The just-completed $5.30 billion acquisition of the remaining 50% of Prolec GE consolidates a grid equipment leader, and gas turbine reservations are targeting 110-plus GW by year-end 2026.
3. Compounding economics that show up in the financials. Management raised 2026 guidance to revenue of $44.5 billion to $45.5 billion, adjusted EBITDA margin of 12% to 14%, and free cash flow of $6.5 billion to $7.5 billion, with a 2028 target of $56 billion revenue, 20% adjusted EBITDA margin, and $24 billion-plus cumulative FCF. CEO Scott Strazik framed it directly: “Demand is accelerating for our Power and Electrification solutions from a diverse set of customers, with our backlog growing by more than $13 billion quarter-over-quarter.” Trailing P/E is a digestible 25 against return on equity of 75.7%.
The Action Story stocks lose when macro volatility turns sticky and capital demands proof of cash. For investors weighing exposure to the AI-power theme, GEV offers measurable revenue, backlog, and cash flow today, while OKLO remains a pre-revenue bet on a 2027-2028 timeline.
Key Takeaways Oklo signed an MOU with Standard Nuclear to explore fuel recycling and advanced fuel manufacturing.Oklo will assess recycled fuel materials as feedstock for domestic TRISO fuel production.Oklo and Standard Nuclear are advancing DOE talks tied to surplus plutonium utilization. Oklo Inc. (OKLO - Free Report) and Standard Nuclear have signed a memorandum of understanding (MOU) to explore collaboration on nuclear fuel recycling and advanced fuel manufacturing. The partnership marks Oklo’s first third-party offtake pathway for recycled nuclear materials and reflects a broader effort to strengthen the U.S. nuclear fuel supply chain as demand for reliable, carbon-free power continues to grow.
The agreement comes as both companies advance negotiations with the U.S. Department of Energy (DOE) under its Surplus Plutonium Utilization Program, highlighting their role in supporting the next generation of advanced nuclear technologies.
Recycling Used Nuclear Fuel for Advanced ApplicationsA key focus of the collaboration is the evaluation of recycled nuclear materials from Oklo’s planned fuel recycling facility in Oak Ridge, TN. The companies will assess the potential supply of reprocessed uranium (RepU) and uranium-transuranic (U/TRU) materials recovered from used nuclear fuel.
These recycled materials could serve as feedstock for Standard Nuclear’s TRISO fuel production, helping create a domestic source of advanced reactor fuel. By recovering valuable materials from spent fuel, the partnership seeks to unlock energy resources that would otherwise remain unused while reducing dependence on newly mined inputs.
Exploring the Use of Surplus PlutoniumBeyond fuel recycling, the agreement establishes a framework for evaluating the use of surplus U.S. plutonium in advanced reactor fuel. The companies plan to explore opportunities related to facilities, licensing, transportation and packaging to support the safe and cost-effective conversion of plutonium into usable reactor fuel.
For Oklo, the initiative aligns with its broader strategy of transforming surplus nuclear materials into productive energy assets. The company is also advancing its Pluto fast test reactor project, which aims to demonstrate how plutonium can serve as a bridge fuel for advanced nuclear systems.
Supporting a Secure Domestic Fuel EcosystemThe collaboration reflects growing industry efforts to establish a resilient and independent U.S. nuclear fuel supply chain. Standard Nuclear, the nation’s only independent developer of reactor-agnostic TRISO fuel, views the partnership as an opportunity to secure long-term feedstock supplies for both advanced reactors and radioisotope power systems.
Meanwhile, Oklo continues to expand its capabilities in fuel recycling and isotope recovery, targeting applications that extend beyond electricity generation into healthcare, defense, research, industrial processes and space technologies.
Growing Policy Support for Nuclear EnergyThe partnership comes amid increasing federal support for nuclear energy development. Rising electricity demand, driven in part by the rapid expansion of AI data centers, has intensified concerns about grid reliability and long-term power availability.
To address these challenges, the U.S. government has launched initiatives aimed at rebuilding domestic nuclear fuel capabilities. Programs such as the DOE’s “Nuclear Dominance — 3 by 33” seek to strengthen every stage of the fuel cycle, including mining, conversion, enrichment and recycling, while reducing reliance on foreign supply sources in the United States by 2033.
Positioning for the Next Phase of Nuclear GrowthAs advanced reactor deployment gains momentum, access to reliable fuel supplies is becoming a critical industry priority. The collaboration between Oklo and Standard Nuclear demonstrates how fuel recycling, advanced manufacturing and government-backed initiatives can work together to support the expansion of nuclear energy.
By combining expertise in fuel recovery and advanced fuel production, the companies are positioning themselves to play an important role in the evolving U.S. nuclear landscape while helping create a more secure and sustainable fuel ecosystem for future reactor technologies.
OKLO’s Zacks Rank & Key PicksOklo is an advanced nuclear energy company focused on developing, owning and operating small nuclear power plants under its Aurora product line. Currently, OKLO has a Zacks Rank #3 (Hold).
Investors interested in the nuclear energy sector may consider some top-ranked stocks like BHP Group Limited (BHP - Free Report) , NextEra Energy, Inc. (NEE - Free Report) and PG&E Corporation (PCG - Free Report) — each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
BHP Group is one of the world's largest mining companies and a leading producer of iron ore, copper and metallurgical coal and is making strides to move into potash production. The Zacks Consensus Estimate for BHP’s 2026 earnings indicates 41.5% year-over-year growth.
Juno Beach, FL-based NextEra Energy is a public utility holding company engaged in the generation, transmission, distribution and sale of electric energy. The Zacks Consensus Estimate for NEE’s 2026 earnings indicates 8.1% year-over-year growth.
San Francisco, CA-based PG&E is the parent holding company of California’s largest regulated electric and gas utility, Pacific Gas and Electric Company. The company generates revenues mainly through the sale and delivery of electricity and natural gas to customers. The Zacks Consensus Estimate for PCG’s 2026 earnings indicates 10% year-over-year growth.
Oklo (OKLO +2.38%), a developer of microreactors for modular nuclear power plants, went public through a merger with a special purpose acquisition company (SPAC) in May 2024. Its stock opened at $15.50 per share and soared to a record high of $174.14 on Oct. 14, 2025.
But without any meaningful revenue, Oklo was difficult to value. Its luster also faded amid fears of interest rate hikes, geopolitical conflicts, and other macro headwinds. That's why it trades at about $60 as of this writing. However, I believe a few catalysts might drive Oklo's stock much higher over the next decade, making it a potential ten-bagger.
Image source: Getty Images.
What sets Oklo apart from other nuclear stocks? Oklo's Aurora microreactor, which is much smaller than traditional nuclear reactors, only generates 1.5 MWe. However, it can be linked to additional microreactors to generate up to 75 MWe per "Powerhouse" power plant. That's a lot less power than a conventional nuclear power plant, which typically generates more than 1,000 MWe. Still, the Aurora's modular design is better suited for building smaller plants in remote, off-grid areas.
The Aurora runs on metallic uranium fuel pellets, which are denser, have higher thermal resistance, and are cheaper to fabricate than the uranium dioxide fuel pellets used in conventional reactors. The Powerhouse also reprocesses and recycles its fuel pellets in a closed loop, so its reactors can last for a decade without refueling. Conventional reactors must be refueled in stages every two years.
If Oklo clears the U.S. Department of Energy's criticality test (a proof of sustainable, controlled chain reactions in its fission reactors) by its July 4 deadline, it can advance its Reactor Pilot Program for accelerated nuclear tests. Passing that test would represent a major milestone toward the planned deployment of its first Powerhouse reactors in Idaho in 2027.
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Why could Oklo's stock surge tenfold? If Oklo successfully deploys its first reactors next year, it should gain even more government and commercial contracts. Some hyperscalers will likely build Oklo's Powerhouses next to their data centers to support their power-hungry cloud and AI applications.
If that happens, analysts expect Oklo's revenue to rise from just $4.6 million in 2027 to $51.3 million in 2028. But that could just be the beginning: the global microreactor market could grow at 24.3% CAGR from 2026 to 2034, according to Market Intelo. The International Energy Agency (IEA) expects nuclear capacity worldwide to rise by over 50% from 2025 to 2050.
With a market cap of $10 billion, Oklo might seem overvalued at 195 times its 2028 sales. But if it successfully scales its business over the next decade and capitalizes on surging demand for smaller nuclear power plants, it could easily deliver multibagger returns.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Encore Capital Group (ECPG - Free Report) . ECPG is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 5.46. This compares to its industry's average Forward P/E of 7.40. Over the past 52 weeks, ECPG's Forward P/E has been as high as 9.37 and as low as 4.14, with a median of 5.49.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. ECPG has a P/S ratio of 0.96. This compares to its industry's average P/S of 1.43.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Encore Capital Group is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ECPG feels like a great value stock at the moment.
