Previewing the SpaceX (SPCX 5.22%) IPO earlier this year, I explained what investors should expect -- in three simple steps.
First: SpaceX IPO fever would make space stocks skyrocket -- and Planet Labs (PL 0.04%) rose 38% in four months. Next: Investors would question whether they wanted to own a second-tier space stock like Planet, 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 Planet Labs stock is down 20% since SpaceX's IPO.
Image source: Getty Images.
Planet falls to Earth Planet Labs stock dropped another 11% through 10 a.m. ET today -- while SpaceX stock gained nearly 14%. 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 Planet and pouring it into SpaceX stock instead.
Today's Change
(
-0.04
%) $
-0.01
Current Price
$
28.20
What's next for Planet Labs stock For Planet Labs investors, this has to feel discouraging -- but don't lose hope, because the money flows on this one could soon reverse. According to data from StreetInsider.com, call options to buy Planet Labs stock at much higher prices than today are currently outrunning put options to sell Planet stock by a 3-to-1 ratio.
This tells me that serious investors are preparing for a serious rally in Planet stock -- and they may be right. After all, according to data from S&P Global Market Intelligence, Planet Labs is one of the only space stocks generating positive free cash flow today -- versus SpaceX, which burned $14.1 billion in cash last year.
It's really no contest. Planet stock is the better value play here.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Planet Labs PBC. The Motley Fool has a disclosure policy.
Shares of space stocks are tumbling in mid-morning trading on Tuesday, with Planet Labs (NYSE:PL) stock leading the decline. Planet Labs stock is down to roughly $27 and change, extending a sharp pullback in the satellite imagery name.
Intuitive Machines (NASDAQ:LUNR) stock is also under heavy pressure, slipping 9% to $23 and change. Meanwhile, Firefly Aerospace (NASDAQ:FLY | FLY Price Prediction) shares are down 7% to $31, while Virgin Galactic (NYSE:SPCE) stock is off 8% to $3.28.
The selloff is striking because no major company-specific bad news has surfaced for Planet Labs, Intuitive Machines, or Firefly Aerospace today. Instead, attention appears to be concentrating elsewhere in the space complex, specifically on the newly listed SpaceX (NASDAQ:SPCX).
SpaceX IPO and Cursor Deal Steal the Spotlight The apparent catalyst is capital and attention rotating toward SpaceX stock, trading under the ticker SPCX, which made its public debut last week and has dominated investor flows since. SpaceX has been the most-bought stock by retail investors for multiple sessions, according to flow chatter circulating among traders.
Reportedly, SpaceX disclosed a $60 billion option agreement to acquire Anysphere, the AI coding company doing business as Cursor. The compute and option agreement was entered on April 19, and the call options can be exercised within a 30-day window tied to the IPO completion or September 30, whichever is earlier.
That combination of a marquee listing and a high-profile AI deal has made SpaceX the focal point of the space trade. Planet Labs stock, Intuitive Machines stock, and Firefly Aerospace stock are likely feeling the pull. After all, these are speculative, high-beta names that can drop sharply on sentiment and rotation.
Sharp Pullback Within a Strong Year Today’s drop looks dramatic, but the broader picture is more nuanced. Planet Labs stock is still up 39% year to date (YTD), leaving today’s slide as a sharp pullback within an otherwise strong year for the satellite operator.
Intuitive Machines stock is in a similar place, with a YTD gain of 45% even after today’s slide. Firefly Aerospace stock is up 38% YTD, though it remains well below its post-IPO highs from last year.
Virgin Galactic stock tells a different story. Shares are down 99% over five years, leaving the stock as a low-priced, long-struggling name with Virgin Galactic’s market cap near $376 million.
Reddit discussion mirrors the mood swing. WallStreetBets sentiment on Virgin Galactic flipped from very bullish on June 11 to very bearish by June 12, with a widely upvoted post titled “$SPCX vs $SPCE the degenerate thesis was hilariously wrong” capturing the rotation theme in plain language.
What to Watch Next Investors can watch for whether today’s losses hold into the close or fade as buyers step in on weakness. The space sector has shown a pattern of fast rebounds after sentiment-driven pullbacks, yet, with SpaceX absorbing capital, the recovery path for Planet Labs stock, Intuitive Machines stock, and Firefly Aerospace stock may take longer than usual.
Given the speculative profile of these names, investors should consider keeping their position sizes modest and avoid chasing intraday moves. Analysts still see upside in some of these stocks, with a $40 average price target on Planet Labs and $40.78 on Intuitive Machines, but valuations remain rich after this year’s rally.
Keep an eye on any fresh SpaceX headlines, especially around the Cursor option timeline, and on whether Virgin Galactic stock can hold above $3 ahead of its scheduled Q3 2026 flight testing. The next SpaceX-related catalyst could shift this trade quickly, in either direction.
Key Takeaways RKLB has an edge over PL, backed by price performance and stronger growth estimates.Planet Labs sees demand for Earth-observation data but remains unprofitable amid high costs.Rocket Lab's defense demand, backlog visibility and vertical integration support growth. Lower launch costs, stronger government investment in advanced space and defense technologies, and growing commercial use of satellite services are fueling the space economy. Demand continues to rise across satellite communications, Earth observation, defense, navigation, climate monitoring, and data infrastructure, creating significant growth opportunities for industry participants.
In this context, Planet Labs (PL - Free Report) and Rocket Lab Corporation (RKLB - Free Report) are worth mentioning as both deploy AI into their core functions. Planet Labs is a leading provider of Earth-imaging data and geospatial analytics, operating the largest fleet of Earth-observation satellites globally.
Rocket Lab is an end-to-end space company that provides launch services, spacecraft, spacecraft components, optical systems, flight and ground software, and on-orbit mission operations. Let's discuss in detail.
The Case for Planet LabsPlanet Labs generates the majority of its revenues through a combination of fixed-price subscriptions and usage-based contracts, delivering satellite imagery and geospatial analytics through its cloud-based platform to government agencies and enterprise customers. Growth has been driven by the expansion of recurring subscription revenues, increasing government demand and a strategic shift toward higher-value analytics and data services.
The company has increasingly focused on securing large government and defense contracts, which provide stronger revenue visibility and longer-term stability. At the same time, management sees meaningful commercial opportunities as AI-powered analytics and imaging tools—initially developed for government applications—expand into industries such as agriculture, energy, insurance, finance, supply chain monitoring and operational intelligence.
For second-quarter fiscal 2027, Planet Labs expects revenues between $102 million and $107 million, with non-GAAP gross margins of 52% to 55%. Adjusted EBITDA is projected to range from breakeven to a $5 million profit, while capital expenditures are expected to be between $21 million and $27 million.
For full-year fiscal 2027, management forecasts revenues of $425 million to $441 million, non-GAAP gross margin of 52% to 54%, and adjusted EBITDA ranging from breakeven to a $10 million profit. Capital expenditures are expected to total $80 million to $95 million.
Despite improving scale, Planet Labs remains unprofitable and is unlikely to achieve sustained profitability in the near term. Continued investments in satellite infrastructure, elevated R&D spending, and high operating costs continue to put pressure on margins, while returns on equity and invested capital remain below industry averages.
The company is still in the red, and a rebound is not expected soon.
PL shares have gained 43.1% year to date.
The Case for Rocket LabRocket Lab is transitioning from a niche launch provider into a vertically integrated space infrastructure company with growing exposure to defense, satellite systems, and advanced space technologies. The company has established operational credibility through its Electron rocket program while steadily expanding into higher-value segments of the space economy.
Management has built a diversified aerospace platform spanning launch services, spacecraft manufacturing, satellite components, mission software and space systems integration. This diversification has reduced reliance on launch revenues alone and created a more balanced, scalable business model with multiple long-term growth drivers.
A major catalyst is the development of the Neutron rocket, which targets the medium-lift market currently led by larger competitors such as SpaceX. If successful, Neutron could significantly expand Rocket Lab’s addressable market, improve economics through partial reusability, and support larger commercial and government missions.
The company is also deepening vertical integration through acquisitions and internal product development. The acquisition of Motiv Space Systems, now operating as Rocket Lab Robotics, strengthens capabilities in robotics, motion control and spacecraft mechanisms. These technologies enhance Rocket Lab’s ability to deliver end-to-end mission solutions for planetary exploration, national security programs, satellite constellations, orbital infrastructure and emerging space-based computing applications.
At the same time, increasing defense demand is creating opportunities in responsive launch, hypersonics and missile defense. Improving margins and a solid balance sheet provide financial flexibility to fund Neutron development, scale production, and pursue additional strategic acquisitions. Backlog visibility supports near-term revenues.
RKLB shares have rallied 50% year to date.
Estimates for PL and RKLBThe Zacks Consensus Estimate for PL’s fiscal 2027 revenues implies a year-over-year increase of 40.2%, while the same for earnings per share (EPS) suggests a 75% year-over-year decline. EPS estimates have moved south in the past 30 days.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for RKLB’s 2026 revenues implies a year-over-year rise of 52.8%, and the same for EPS implies a year-over-year increase of 55.6%. EPS estimates witnessed no movement in the past 30 days.
Image Source: Zacks Investment Research
Are PL and RKLB Shares Expensive?PL is trading at a forward sales multiple of 20.82, above its median of 3.96 over the last three years. RKLB’s forward sales multiple sits at 56.26, higher than its median of 13.83 over the last three years.
Image Source: Zacks Investment Research
ConclusionPlanet Labs, a data-driven company focused on Earth-observation imagery and analytics, is poised to grow, given the rising global demand for commercial satellites.
Defense demand, backlog visibility, scalable launch cadence, vertical integration, and liquidity support growth for Rocket Lab.
Despite its premium valuation, RKLB’s price performance and growth estimates give it an edge over PL. RKLB carries a Zacks Rank #3 (Hold), while PL carries a Zacks Rank #5 (Strong Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways Kohl's proprietary brands posted a 6% comparable sales increase in first-quarter fiscal 2026. Juniors sales rose 10%, led by SO, with LC Lauren Conrad, Sonoma, FLX and Tek Gear contributing. Kohl's plans more proprietary-brand inventory, in-store presentation and By Kohl's marketing support. Kohl’s Corporation (KSS - Free Report) is leaning more on its proprietary brands to strengthen value for budget-conscious shoppers. With consumers being selective on discretionary spending, the retailer is using exclusive labels to offer quality products at affordable opening price points. The strategy gained traction in first-quarter fiscal 2026, as proprietary brands delivered a 6% comparable-sales increase.
The performance was broad-based across key apparel categories and represented one of the brighter areas of the business during the quarter. Juniors led the way with a 10% sales increase, driven by strength in the SO brand. Other proprietary labels, including LC Lauren Conrad, Sonoma, FLX and Tek Gear, also contributed to results across multiple categories.
Private brands remain central to Kohl’s value-focused merchandising approach. Unlike national brands, these labels are exclusive to Kohl’s, allowing the company to offer customers a combination of affordability and differentiation. To build on the momentum, KSS plans to increase inventory investments in proprietary brands while enhancing in-store presentation and expanding awareness through its By Kohl’s marketing campaign.
The company is also strengthening its value message through initiatives such as Deal Bar and Toy Tower, which feature seasonal, gifting and toy products at price points below $10. Both concepts performed better than initially expected during the quarter.
The 6% comparable sales increase in proprietary brands underscores the growing role of Kohl’s exclusive labels within its value strategy. As the company expands inventory support, marketing efforts and in-store visibility for these brands, private labels are becoming an increasingly important part of delivering affordable products and reinforcing KSS’ value proposition across its merchandise assortment.
WMT and TGT Also Lean on Value and Exclusive AssortmentsWalmart Inc. (WMT - Free Report) is also using value and private brands to support customer engagement. In first-quarter fiscal 2027, the company reported 4.1% comparable sales growth in Walmart U.S., backed by a 3% increase in transactions. In general merchandise, WMT’s private-brand sales rose double digits, while private-brand mix expanded 175 basis points. Walmart also had about 7,200 rollbacks across its assortment, reinforcing its value message.
Target Corporation (TGT - Free Report) is taking a similar value-led approach through affordable, trend-right assortments. In first-quarter 2026, TGT posted 5.6% comparable sales growth, driven partly by a 4.4% increase in comparable traffic. The company cited strength in toys, where new offerings priced at $20 or less helped deliver double-digit comparable growth. For Target, value-focused assortments remain key to driving guest engagement.
KSS Stock Price Performance, Valuation & EstimatesShares of Kohl’s have surged 94.1% over the past year compared with the industry’s growth of 73.6%.
KSS Price Performance Versus Industry
Image Source: Zacks Investment Research
From a valuation standpoint, KSS trades at a forward price-to-earnings ratio of 13.7, lower than the industry’s average of 14.41.
KSS’ Valuation Compared to Industry
Image Source: Zacks Investment Research
June 16, 2026 17:05 ET | Source: Eldorado Gold Corporation
Reminds Shareholders to Vote; Proxies must be returned by 10:00 a.m. (Pacific time) on Friday, June 19, 2026
Provides Update on Board Leadership Transition
VANCOUVER, British Columbia, June 16, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX: ELD, NYSE: EGO) (“Eldorado” or the “Company”) reminds its shareholders that the Company’s 2026 annual meeting of shareholders will be held at 10:00 a.m. (Pacific time) on Tuesday, June 23, 2026 in a physical and virtual hybrid format. Registered shareholders and duly appointed proxyholders may attend in person at 550 Burrard Street, Suite 2900, Vancouver, BC, V6C 0A3 or online at https://meetnow.global/MKZ9Z9W. To be valid, proxies for the meeting must be completed and returned by 10:00 a.m. (Pacific time) on Friday, June 19, 2026. The meeting represents the Company’s first annual meeting since the completion of its acquisition of Foran Mining in April 2026 and provides Eldorado’s resulting expanded shareholder base with an opportunity to engage with directors and management.
The Company is also providing an update on the status of its previously announced Board of Directors transition. In keeping with its commitment to a responsible board succession and renewal process, Eldorado’s Board is currently advancing its leadership succession process to identify a successor to Steven Reid as Chair. The appointment of Eldorado’s successor Chair is expected to occur no later than September 30, 2026.
For additional details about Eldorado’s upcoming annual meeting of shareholders or if shareholders have any questions or need assistance completing the form of proxy or voting instruction form, please refer to the Company’s management proxy circular dated May 7, 2026 for more information or contact Laurel Hill Advisory Group by telephone at 1 877 452 7184 toll-free in North America, or 1 416 304 0211 outside of North America, or text message by texting the word “INFO” to +1 877 452 7184 or +1 416 304 0211, or by email at [email protected].
About Eldorado Gold
Eldorado is a gold and base metals producer with mining, development and exploration operations in Canada, Türkiye, and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).
Media
Chad Pederson, Director, Communications and Public Affairs
236 885 6251 or 1 888 353 8166 [email protected]
Cautionary Note about Forward-looking Statements and Information
Certain of the statements made and information provided in this news release are forward-looking statements or forward-looking information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as “anticipates”, “believes”, “budgets”, "committed", “continue”, “estimates”, “expects”, “focus”, “forecasts”, “foresee”, “forward”, “future”, “goal”, “guidance”, “intends”, “opportunity”, “outlook”, “plans”, “potential”, “schedule”, “strategy”, “target”, “underway”, “working” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “can”, “could”, "likely", "may", “might”, “will” or "would" be taken, occur or be achieved. Forward-looking statements and forward-looking information contained in this news release includes, but is not limited to, statements or information with respect to: the appointment of a successor Chair of the Eldorado Board and the timing thereof. Forward-looking statements and forward-looking information by their nature are based on a number of assumptions that management considers reasonable. However, if such assumptions prove to be inaccurate, then actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information. These include assumptions concerning: the process to identify and appoint a successor Chair. Even though we believe that the assumptions and expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control. Forward-looking statements or information contained in this news release are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements or information, including, but not limited to those risk factors discussed in the section titled “Risk Factors in Our Business” in the Company’s most recent Annual Information Form and Form 40-F. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in Canada and the United States.
During two-week campaign, held in partnership with Miranda Lambert’s MuttNation Foundation, customers donated more than $547,000 to support animal shelters and rescues in the wake of natural disasters
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today that its customers have contributed more than $547,000 to help provide a critical lifeline to animal shelters and rescues impacted by natural disasters through the Relief for Rescues Fund.
From May 26 to June 7, Tractor Supply customers donated to the Relief for Rescues Fund at checkout, either in store or at TractorSupply.com. Tractor Supply and Miranda Lambert’s MuttNation Foundation established the Relief for Rescues Fund in 2023. Since then, more than $1.6 million has been allocated to over 166 shelters and rescues in the wake of hurricanes, floods, wildfires, tornadoes and other devastating events.
“Anyone who knows our customers realizes pretty quick that their pets are truly part of the family,” said Kimberley Gardiner, Tractor Supply’s chief marketing officer. “That’s why this partnership with Miranda and MuttNation resonates so strongly. When disasters strike, shelters and rescue organizations often face overwhelming challenges, and our customers never hesitate to lend a hand. Their generosity continues to make a meaningful difference, helping provide care and support for animals when they need it most.”
When natural disasters strike, Relief for Rescues provides funds directly to impacted shelters and rescues, as well as organizations offering boots-on-the-ground assistance, covering all aspects of recovery: food, supplies, veterinary care, transport and repairs. In 2025 alone, MuttNation Foundation deployed hundreds of thousands of dollars from the Fund to assist with recovery from multiple disasters, including the California wildfires in January and the Texas Hill Country floods in July.
“Animals are some of the most vulnerable victims of natural disasters, and after seeing the devastation of events like the Texas floods, I’m more committed than ever to making sure Relief for Rescues is there for every shelter that needs us," said Lambert.
The three-time GRAMMY Award-winning superstar partnered with Tractor Supply to create the Relief for Rescues Fund after witnessing the lack of resources available to animal shelters after catastrophic events. Together, they launched an in-store and online Tractor Supply fundraiser, using the initial money raised to create a dedicated fund.
Tractor Supply and MuttNation Foundation have collaborated since 2019 and together support MuttNation’s annual Mutts Across America program, providing grants to animal shelters nationwide. Tractor Supply is also the exclusive home for MuttNation pet products. A percentage of all MuttNation sales goes to the MuttNation Foundation to further support its mission to promote and facilitate adoption of shelter pets.
Little Red Wagon Pet Supply Drive
As part of its support of Miranda Lambert and the Music City Rodeo, Tractor Supply hosted a "Help Us Fill the Little Red Wagon" pet supply drive to benefit shelter animals in the Nashville community.
Held on May 28 at the Tractor Supply tent outside Bridgestone Arena, the activation encouraged rodeo fans to donate pet food, toys, treats and other pet care essentials for local shelter pets. To thank participants, the first 100 donors received a Tractor Supply gift card.
Donated supplies were collected during the event and donated to Metro Animal Care and Control in Nashville, helping provide needed resources for animals awaiting adoption. The activation reflected Tractor Supply's ongoing commitment to supporting animal welfare and caring for pets in the communities it calls home.
MuttNation Foundation, a 501(c)(3) nonprofit, was founded by Lambert and her mother, Bev, in 2009, with a mission to promote the adoption of shelter pets, spay and neuter and to provide assistance to shelters during times of natural disaster.
To learn more, visit TractorSupply.com/MuttNation.
About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 290 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, Allivet, a leading online pet and animal pharmacy, and VIP Petcare, the largest provider of mobile veterinary care in the United States, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.
As of March 28, 2026, the Company operated 2,435 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.
About MuttNation Foundation
Founded in 2009 by Miranda Lambert and her mother, Bev Lambert, MuttNation Foundation is a 501(c)(3) donation-supported nonprofit that has raised over $13 million in support of shelter pet adoption, spay and neuter, and educating the public about both. The Foundation also provides financial assistance to shelters and rescues recovering from natural disasters. MuttNation Fueled by Miranda Lambert, a pet toy and supply line sold exclusively at Tractor Supply Company stores throughout the US, benefits the Foundation directly. Learn more at www.muttnation.com.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today that its customers have contributed more than $547,000 to help provide a critical lifeline to animal shelters and rescues impacted by natural disasters through the Relief for Rescues Fund.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260617176184/en/
Tractor Supply Customers Show their Passion for Shelter Pets during "Relief for Rescues" Fundraiser
From May 26 to June 7, Tractor Supply customers donated to the Relief for Rescues Fund at checkout, either in store or at TractorSupply.com. Tractor Supply and Miranda Lambert’s MuttNation Foundation established the Relief for Rescues Fund in 2023. Since then, more than $1.6 million has been allocated to over 166 shelters and rescues in the wake of hurricanes, floods, wildfires, tornadoes and other devastating events.
“Anyone who knows our customers realizes pretty quick that their pets are truly part of the family,” said Kimberley Gardiner, Tractor Supply’s chief marketing officer. “That’s why this partnership with Miranda and MuttNation resonates so strongly. When disasters strike, shelters and rescue organizations often face overwhelming challenges, and our customers never hesitate to lend a hand. Their generosity continues to make a meaningful difference, helping provide care and support for animals when they need it most.”
When natural disasters strike, Relief for Rescues provides funds directly to impacted shelters and rescues, as well as organizations offering boots-on-the-ground assistance, covering all aspects of recovery: food, supplies, veterinary care, transport and repairs. In 2025 alone, MuttNation Foundation deployed hundreds of thousands of dollars from the Fund to assist with recovery from multiple disasters, including the California wildfires in January and the Texas Hill Country floods in July.
“Animals are some of the most vulnerable victims of natural disasters, and after seeing the devastation of events like the Texas floods, I’m more committed than ever to making sure Relief for Rescues is there for every shelter that needs us," said Lambert.
The three-time GRAMMY Award-winning superstar partnered with Tractor Supply to create the Relief for Rescues Fund after witnessing the lack of resources available to animal shelters after catastrophic events. Together, they launched an in-store and online Tractor Supply fundraiser, using the initial money raised to create a dedicated fund.
Tractor Supply and MuttNation Foundation have collaborated since 2019 and together support MuttNation’s annual Mutts Across America program, providing grants to animal shelters nationwide. Tractor Supply is also the exclusive home for MuttNation pet products. A percentage of all MuttNation sales goes to the MuttNation Foundation to further support its mission to promote and facilitate adoption of shelter pets.
Little Red Wagon Pet Supply Drive
As part of its support of Miranda Lambert and the Music City Rodeo, Tractor Supply hosted a "Help Us Fill the Little Red Wagon" pet supply drive to benefit shelter animals in the Nashville community.
Held on May 28 at the Tractor Supply tent outside Bridgestone Arena, the activation encouraged rodeo fans to donate pet food, toys, treats and other pet care essentials for local shelter pets. To thank participants, the first 100 donors received a Tractor Supply gift card.
Donated supplies were collected during the event and donated to Metro Animal Care and Control in Nashville, helping provide needed resources for animals awaiting adoption. The activation reflected Tractor Supply's ongoing commitment to supporting animal welfare and caring for pets in the communities it calls home.
MuttNation Foundation, a 501(c)(3) nonprofit, was founded by Lambert and her mother, Bev, in 2009, with a mission to promote the adoption of shelter pets, spay and neuter and to provide assistance to shelters during times of natural disaster.
To learn more, visit TractorSupply.com/MuttNation.
About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 290 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, Allivet, a leading online pet and animal pharmacy, and VIP Petcare, the largest provider of mobile veterinary care in the United States, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.
As of March 28, 2026, the Company operated 2,435 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.
About MuttNation Foundation
Founded in 2009 by Miranda Lambert and her mother, Bev Lambert, MuttNation Foundation is a 501(c)(3) donation-supported nonprofit that has raised over $13 million in support of shelter pet adoption, spay and neuter, and educating the public about both. The Foundation also provides financial assistance to shelters and rescues recovering from natural disasters. MuttNation Fueled by Miranda Lambert, a pet toy and supply line sold exclusively at Tractor Supply Company stores throughout the US, benefits the Foundation directly. Learn more at www.muttnation.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260617176184/en/
BigBear.ai Holdings, Inc. (BBAI - Free Report) ended the recent trading session at $3.96, demonstrating a -2.22% change from the preceding day's closing price. This change lagged the S&P 500's 0.57% loss on the day. On the other hand, the Dow registered a gain of 0.64%, and the technology-centric Nasdaq decreased by 1.15%.
Prior to today's trading, shares of the company had gained 3.32% outpaced the Computer and Technology sector's gain of 2.85% and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of BigBear.ai Holdings, Inc. in its forthcoming earnings report. The company's upcoming EPS is projected at -$0.05, signifying a 16.67% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $35.24 million, up 8.52% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.25 per share and revenue of $144.31 million, indicating changes of +69.51% and +13.03%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for BigBear.ai Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. The Zacks Consensus EPS estimate remained stagnant within the past month. BigBear.ai Holdings, Inc. is currently a Zacks Rank #4 (Sell).
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Supporting his view, UBS analyst Dennis Geiger, on June 10, upgraded Cava Group from Neutral to Buy and raised the price target from $85 to $90.
As per the recent news, ImmunityBio, on June 1, presented data at the American Society of Clinical Oncology Annual Meeting about its Phase 3 studies in advanced non-small cell lung cancer.
Cramer said he likes Trulieve Cannabis Corp. (NYSE:TRLV), adding that it's a “terrific spec.”
Trulieve Cannabis became the first American marijuana company to list on a major U.S. stock exchange. Trulieve shares began trading on the NYSE under the symbol TRLV on June 10.
The Mad Money host recommended holding on to Ashland Inc. (NYSE ASH), adding that it could go higher.
Lending support to his choice, UBS analyst Joshua Spector, on June 10, maintained Ashland with a Buy rating and raised the price target from $66 to $72
Price Action:
CAVA shares fell 2.5% to settle at $87.30 on Tuesday. Immunitybio shares fell 5.8% to close at $6.72. Trulieve Cannabis shares dipped 4.7% to close at $9.40 on Tuesday. Ashland shares declined 1.3% to settle at $64.56. Photo via Shutterstock
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Please see below information about transactions made under the second tranche of the 2026 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).
Date on which the buy-back tranche was announced: 6 May 2026.
The duration of the buy-back tranche: 19 May to no later than 20 July 2026.
Further information on the tranche can be found in the stock market announcement on its commencement dated 6 May 2026, available here: https://newsweb.oslobors.no/message/672447
From 8 June to 12 June 2026, Equinor ASA has purchased a total of 414,792 own shares at an average price of NOK 353.2484 per share.
Overview of transactions:
DateTrading venueAggregated daily volume (number of shares)Daily weighted average share price (NOK)Total daily transaction value (NOK) 8 JuneOSE787,697360.433428,365,027.28 CEUX TQEX 9 JuneOSE83,000352.350829,245,116.40 CEUX TQEX 10 JuneOSE84,500349.588029,540,186.00 CEUX TQEX 11 JuneOSE80,095364.056629,159,113.38 CEUX TQEX 12 JuneOSE88,500341.414430,215,174.40 CEUX TQEX Total for the periodOSE417,792353.2484146,524,617.46 CEUX TQEX Previously disclosed buy-backs under the trancheOSE1,054,276353.9641373,175,846.39CEUX TQEX Total1,054,276353.9641373,175,846.39 Total buy-backs under the tranche (accumulated)OSE1,469,068353.7620519,700,463.85CEUX TQEX Total1,469,068353.7620519,700,463.85 Following completion of the above transactions, Equinor ASA owns a total of 66,544,031 own shares, corresponding to 2.60% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 56,268,364 own shares, corresponding to 2.20% of the share capital).
This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Appendix: A overview of all transactions made under the buy-back tranche that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.
Equinor ASA (OSE:EQNR, NYSE:EQNR) today presents its strategy to deliver more energy, growing cash flow and superior returns. The 2026 share buy-back will be doubled to USD 3 billion, and Equinor introduces a more predictable framework for annual share buy-backs from 2027. The company aims to continue growing the quarterly cash dividend by more than 5% per share annually.
Anders Opedal, president and CEO of Equinor ASA:
“Demand continues to grow and Equinor is uniquely positioned to provide reliable energy. We will deliver more energy, growing cash flow and superior returns towards 2030.”
“Our strategy is to maximise value on the Norwegian continental shelf, deliver focused growth in international oil and gas, build a competitive integrated power business and create more value uplift through trading and market optimisation.”
“Equinor has delivered industry-leading returns over 25 years as a listed company, with a total shareholder return of almost 1,800%. We have confidence in our plans and are committed to continue creating strong value for shareholders. Equinor aims to double share buy-back for 2026 to USD 3 billion and introduces a more predictable framework for share buy-backs from 2027. We aim to continue growing the cash dividend per share by more than 5% annually.”
Key ambitions and strategic priorities:
More energy
Production growth of 150,000 barrels of oil equivalent (boe) per day to 2.3 million boe per day by 2030Production outlook for the Norwegian continental shelf (NCS) increased by 100,000 boe, to 1.35 million boe per day in 2030, and 1.3 million boe per day in 2035International oil and gas production growth of 30%, to 950,000 boe per day by 2030Power production growth to more than 20 TWh in 2030, mainly from projects in execution Growing cash flow
30% growth in cash flow from operations (CFFO) after tax from 2025-2030USD 1 billion in increased investments in 2027 to high return oil and gas projects. Expected organic investments (capex) at around USD 12 billion, or around USD 10 billion including Empire wind tax credits.Annual capex of USD 11–13 billion expected for 2028-2030, with around 60% to the NCS, 30% to international oil and gas, and 10% to powerFree cash flow, after capex and lease payments, of more than USD 40 billion for the period 2026-2030 Superior returns
Return on average capital employed (ROACE) above 15% annually from 2026-2030Intend to double share buy-back for 2026 to USD 3 billionAnnual share buy-back of USD 2-4 billion from 2027, based on oil prices of USD 60-80 per bbl and European gas prices USD 7-11 per MMBtu, balance sheet strength, and macro-outlookAbove 5% annual growth in quarterly cash dividend per share A strategy for growing energy markets
Oil and gas demand is expected to be higher for longer. Together with stronger political focus on energy security and affordability, this increases the need for reliable supply. Electrification and the AI build-out are driving power demand, while increasing intermittency creates a greater need for flexible power generation.
Equinor’s access to high-quality infrastructure, broad energy offering and strong market positions provide attractive opportunities for growth and value creation.
Develop NCS to maximise value
The NCS is the backbone of Equinor’s business and a key driver of long-term cash flow and value creation. Equinor is the largest energy provider to Europe, delivering oil, piped gas and LNG with low cost and low emissions.
Around 60% of capex will be allocated to further develop the NCS. Equinor expects production at 1.35 million boe per day in 2030 and 1.3 million boe per day in 2035. This represents an increase in production outlook of 100,000 boe per day.
To accelerate resource maturation, cut costs and industrialise subsea field developments, Equinor is redefining its operating model. The company has a large portfolio of attractive investment opportunities including sub-sea field developments and increased recovery (IOR), with break-even prices below USD 35 per barrel and payback time of less than 2,5 years. Equinor plans to develop 6 to 8 new tie-back projects annually, towards 2035.
Increased recovery and high exploration activity will continue to add new recoverable resources to extend longevity.
Focused growth in international oil and gas
Equinor has systematically improved the competitiveness of the international oil and gas portfolio and holds positions in several world-class basins, as the US, Brazil, Angola, the UK and Canada.
Equinor expects to allocate around 30% of capex to international exploration and production. Production is anticipated to increase by around 30% to approximately 950,000 boe/d, growing cash flow from operations (CFFO) by around 80% to approximately USD 9 billion in 2030. The portfolio is expected to deliver around USD 20 billion in free cash flow after capex and lease payments from 2026 to 2030.
Longevity for the international oil and gas portfolio will be extended beyond 2030 by progressing non-sanctioned projects and focused exploration.
Building a competitive power business
Equinor is concentrating its power growth in selected markets and segments, where integration with a broader energy offering is achievable.
Equinor expects to allocate around 10% of capex to developing an integrated power business. A fourfold increase in production is anticipated, reaching more than 20 TWh by 2030, mainly from projects in execution.
Cash flow from operations is expected to fund organic investments, after tax credits, from 2027-2030. Projects are expected to deliver nominal equity returns above 10%, with additional potential for portfolio uplift.
Value uplift from marketing and trading
Equinor has a strong position as a global asset-backed energy trader with direct market access.
Equinor will expand its marketing and trading capabilities in selected markets. The company aims to capture additional value from its flexible portfolio, long-term position-taking and cross-commodity trading, and advancing digital tools and AI.
Adjusted operating income from trading and market optimisation is expected to increase by 25% to around USD 500 million per quarter by 2030.
Growing production while reducing emissions
Equinor is an industry leading operator with low CO2 and methane intensity from operations.
While oil and gas production will increase, Equinor maintains the ambition to reduce operated emissions by 50% towards 2030. Electrification on the NCS and improved energy efficiency across the portfolio are key enablers.
Equinor expects to reduce its net carbon intensity in the range of 15-30% by 2035 (1).
Competitive and predictable capital distribution
Equinor announces an intention to increase the 2026 share buy-back programme by USD 1.5 billion, bringing the total expected programme for 2026 to up to USD 3 billion, including shares to be redeemed from the Norwegian State. The increase will be distributed equally to the third and fourth tranche of the 2026 share buy-back programme.
Equinor expects to launch the third and fourth tranches following the announcement of the company’s second and third quarter 2026 results, respectively. The increased share buy-back for 2026 is subject to separate board approvals prior to commencement of the third and fourth tranches.
For 2027 and beyond, Equinor announces a range-based guidance for share buy-backs of USD 2–4 billion per year, based on an oil price range of USD 60–80/bbl, a European gas price range of USD 7–11/mmbtu, balance sheet strength, and macro-outlook.
The level and commencement of future share buy-back tranches will be decided by the board on a quarterly basis, in line with the company’s dividend policy, and will be subject to existing and future board authorisations for share buy-back granted by the company’s General meeting, as well as agreements with the Norwegian State regarding share buy-backs.
All share buy-back amounts include shares to be redeemed from the Norwegian State.
Equinor aims to continue growing the quarterly cash dividend per share by more than 5% annually.
***
(1) This includes scope 1, 2, and 3.
***
The information on capital distribution is considered to be inside information for Equinor ASA pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
This stock market announcement and press release contains Forward Looking Statements. Please see the Forward-Looking Statement disclaimer published on Equinors web site:
https://www.equinor.com/investors/cmd-2026-forward-looking-statements
All forward looking financials are based on reference case unless otherwise specified. See appendix in CMD presentation material for key assumptions and definitions.
Equinor's logo is seen next to the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesDrops goal of 10 to12 gigawatts renewable energy capacityPlans to allocate 10% of capex to power businessPower production set to rise fourfold from ongoing developmentsOSLO, June 16 (Reuters) - Norwegian oil and gas group Equinor (EQNR.OL), opens new tab has further scaled back its renewable energy ambitions, dropping a 2030 installed capacity target and cutting plans for investment, it said in a strategy update on Tuesday.
The change reflects a wider industry trend, with peers, including BP (BP.L), opens new tab and Shell (SHEL.L), opens new tab, in recent years scrapping ambitions to transition from oil and gas towards renewable energy production.
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Equinor, which on Tuesday raised its oil and gas output forecast, dropped the 2030 renewable energy capacity goal and replaced it with an outlook for power generation, which also includes non-renewable electricity production technologies.
"We are not replacing one business with another. Instead, we are developing multiple pathways in parallel: oil and gas, power and renewables, and new low-carbon solutions," Equinor CEO Anders Opedal said in a statement.
It had been clear for several years that Equinor would not reach its target for 10 to12 gigawatts of installed renewable energy capacity by 2030, Opedal told analysts when presenting a strategy update in New York on Tuesday.
"We never chased it either," he said, adding the ambition had always been to develop a profitable business, but as costs in the renewable energy sector increased, the project pipeline became thinner.
Last year, Equinor trimmed a previous ambition for 12 to16 GW and to become "an offshore wind major" set in 2020, while also cutting plans to dedicate half its capital expenditure to renewables in the 2030s.
Equinor in 2025 established a division it refers to as its Power business area, which combines its renewable portfolio with gas-fired generation, energy storage assets and trading activities.
Equinor's new plans foresee just 10% of capex going to its power business. It still projects a fourfold increase in power production to more than 20 terawatt hours in 2030, mainly from electricity projects already under construction.
The company also dropped a target to store and transport 30 to 50 million metric tons of carbon dioxide per year by 2035.
"We have secured enough storage space so we can deliver on that target should the market be there. But we will not run ahead of the market," Irene Rummelhoff, head of Equinor's Midstream, Marketing and Processing business, said.
Reporting by Nora Buli, additional reporting by Nerijus Adomaitis; editing by Terje Solsvik and Barbara Lewis
Our Standards: The Thomson Reuters Trust Principles., opens new tab
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, June 16, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Equinor (EQNR - Free Report) Headquartered in Stavanger, Norway, Equinor ASA is one of the premier integrated energy companies in the world, with operations spreading across 30 countries. In Europe, the company is the second-largest supplier of natural gas. Equinor is also a leading seller of crude oil. Over the years, the company has developed its expertise to expand upstream operations outside of conventional offshore resources to the prolific shale oil and gas plays. Importantly, at 2025-end, the company had estimated proved reserves of 5,183 million barrels of oil equivalent (Boe), compared to 5,571 million Boe at 2024-end. The reserve replacement ratio was 48% in 2025.
EQNR is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 6.56; value investors should take notice.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.17 to $5.22 per share. EQNR also boasts an average earnings surprise of +10.9%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, EQNR should be on investors' short list.
Key Takeaways Equinor and partners identified 20-30 MMBoe of recoverable resources near the Johan Sverdrup area.The project will use a subsea tieback to existing infrastructure, lowering costs and development risks.A targeted 2029 startup is expected to support production and cash flow generation from Johan Sverdrup. Equinor ASA (EQNR - Free Report) and its partners are advancing Johan Sverdrup Phase 4 following the successful appraisal drilling that confirmed additional oil resources in the Tonjer and Geitungen regions near the Johan Sverdrup area, Norway's largest producing oil field. Preliminary estimates indicate recoverable resources of 20-30 million barrels of oil equivalent (MMBoe), providing a new source of production growth and value creation for the asset.
The project is attractive as the new volumes will be developed through a subsea tieback to Johan Sverdrup's existing infrastructure. This approach significantly reduces development costs, shortens project timelines and lowers emissions. By leveraging existing infrastructure, Equinor can generate higher returns while minimizing capital requirements and execution risks.
The development is expected to sustain production levels and cash flow generation from Johan Sverdrup, which has been a cornerstone of Equinor's Norwegian operations. Targeting a 2029 start-up, the project will help offset natural declines at Johan Sverdrup and prolong the life of EQNR’s most profitable asset. The project also aligns with Equinor's broader strategy of accelerating high-return subsea developments and maximizing value from existing infrastructure.
Equinor serves as the operator of the Johan Sverdrup Unit with a 42.62% stake, joined by partners Aker BP (31.57%), Petoro (17.36%) and TotalEnergies (8.44%). The project strengthens the long-term outlook for the Johan Sverdrup area and reinforces EQNR's position as a key supplier of energy to Europe while enhancing investor appeal through efficient resource development.
Equinor currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the energy sector that have a presence in the upstream operations are W&T Offshore, Inc. (WTI - Free Report) , YPF Sociedad Anónima (YPF - Free Report) and Cenovus Energy Inc. (CVE - Free Report) .
As W&T Offshore, YPF and Cenovus have upstream presence like Equinor, their business models are highly sensitive to oil and gas price fluctuations. WTI currently carries a Zacks Rank #2 (Buy), whereas YPF and CVE sport a Zacks Rank #1 (Strong Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
By leveraging a diverse portfolio of offshore assets in the Gulf of America, W&T Offshore produces oil and natural gas. Holding approximately 605,000 acres, WTI maintains substantial 1P and 2P reserves that ensure a robust production lifespan of nearly 20 years.
YPF is an integrated energy company that leverages its strong foothold in Argentina’s Vaca Muerta formation to drive production growth. Increased field activity in the coming quarters is expected to boost YPF's oil and gas volumes in the second half of 2026.
As an integrated energy giant headquartered in Canada, Cenovus maintains a diversified portfolio of upstream oil sands, offshore and conventional assets, complemented by downstream refining facilities across Canada and the United States. To enhance production and increase cash flows, CVE is advancing high-return projects such as the Christina Lake North expansion, the West White Rose offshore development, Foster Creek optimization and the Sunrise expansion.
Figma (FIG +3.62%) was one of the hottest IPO stocks of 2025 after Adobe had agreed to acquire the company for $20 billion, but abandoned the deal amid regulatory scrutiny in late 2023. Investors who had jumped into Figma stock looking for a big score have gotten nightmarish returns instead.
Shares of Figma have continued to grind lower since the company's IPO, and now sit 84% below their short-lived peak. Figma is far from the first IPO stock to burst onto the scene only to go up in flames. But before giving up on this IPO stock, consider the company's recent performance and what it could mean for the stock's future.
Image source: The Motley Fool.
First, a look at why the stock dropped like a rock A high-profile IPO stock is going to carry a steep valuation almost every single time. The goal of an IPO is to raise as much money for the business as possible, whereas an investor wants to get as much value as possible for the money they put into a stock.
Figma is an innovative software platform for designing digital interfaces, such as websites, apps, and content. The botched Adobe deal only drew more attention to Figma, which traded at 60 times sales after going public.
But high valuations can easily collapse at the first sign of trouble. Many hot IPO stocks cool off once the hype quiets down. That downfall can begin with a poor earnings report or some other catalyst. In Figma's case, the rapid improvement of artificial intelligence, such as LLMs (large language models) like Claude, sparked a bear market among almost all software stocks. Investors feared that AI would threaten, if not replace, most software products.
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Figma is showing that AI isn't the existential threat some may believe it is The company grew sales by 46% year over year in the first quarter of 2026 to $333.4 million, accelerating from a 40% growth rate in the prior quarter. Figma's net revenue retention rate increased by 3% to 139%, its highest in two years. That means that Figma's users are spending more as they use the product more.
In other words, Figma is thriving as companies lean into AI tools, not faltering. Figma is very AI-forward, with various tools, features, and integrations that bring AI into a user's workflow. Companies are scrambling to introduce and implement AI right now, so Figma's strong operating results at this moment speak volumes about how well users are taking to its product.
As long as this momentum continues, Figma's future appears bright. Now, about that stock. Figma's valuation has fallen from 60 times sales to just over 8 times sales. It's probably safe to say that the hot air is out of the metaphorical IPO balloon, paving the way for investment returns as the business continues to grow. That could make for a compelling comeback story.
Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe and Figma. The Motley Fool recommends the following options: long January 2028 $330 calls on Adobe and short January 2028 $340 calls on Adobe. The Motley Fool has a disclosure policy.
Figma (NYSE:FIG) has had a brutal first year as a public company, and the question on every shareholder’s mind is whether the design software leader can climb back to $50 before year-end. After running the numbers, my answer is no, but the path higher from here still looks attractive.
The 24/7 Wall St. price target for Figma is $36.88 over the next 12 months, well short of $50 but implying meaningful upside from current levels. With shares at $18.51, that is a 99.24% potential gain. The 24/7 Wall St. model flags Figma as a buy candidate with medium confidence.
Metric Value Current Price $18.51 24/7 Wall St. Price Target $36.88 Upside 99.24% Recommendation BUY Confidence Level 60% A Painful First Year as a Public Company Figma’s debut has been ugly. Shares are down 83.97% from the $115.50 level reached in July 2025, off 50.47% year to date, and down 12.27% just in the past week. The stock recently revisited its 52-week low of $16.60, a long way from the $142.92 all-time high.
News flow has not helped. CEO Dylan Field sold $4.36 million in stock under a pre-arranged 10b5-1 plan, while CTO Kris Rasmussen, CFO Praveer Melwani, and CRO Shaunt Voskanian also trimmed positions in late May and early June. Fundamentally, though, Figma is executing. Q1 2026 revenue came in at $303.78 million, with year-over-year revenue growth of 46.1%.
How We Calculated $36.88 The 24/7 Wall St. price target blends traditional valuation inputs with proprietary factor adjustments tested against historical performance.
For Figma, the forward P/E of 68x against negative trailing EPS of -$4.08 makes earnings-based valuation tricky, so the model leans more heavily on price-to-sales and analyst consensus. The Street’s consensus target is $36.88, anchored by 3 buy ratings and 9 holds.
Our adjustments are mixed. Sentiment is constructive, with a composite score of 62.95 reading bullish. Offsetting that, we apply a downward adjustment for insider selling, AI competitive risk, and the EV/EBITDA reading of 441x, which signals the model should not extrapolate too aggressively until profitability lands.
The Case for $50+ Bulls have real ammunition. Revenue growth of 46.1% year over year, a price-to-sales ratio of just 8.44 versus prior peaks well north of that, and analyst expectations that Figma reaches profitability in 2026 all argue for multiple expansion.
If Figma Make and other AI features take share rather than cede it, and the company prints a clean profitable quarter, a re-rating toward $50 is plausible. That would require the stock to clear the 200-day moving average of $34.96 and keep going.
What Could Go Wrong The bear case starts with valuation. EV/Revenue of 7.06 is still rich for a company posting an operating margin of -41.2%. RBC Capital sits at a $28 price target with a Hold rating, and Stifel and Piper Sandler have trimmed targets citing AI uncertainty.
If competitive pressure from Adobe and AI-native tools squeezes pricing, a re-test of $16 is possible. The counter is that recent margin compression reflects heavy AI investment that bulls argue funds the next leg of growth.
Figma Price Prediction 2026-2030 The 24/7 Wall St. price target of $36.88 implies Figma roughly doubles from here, even though it stops short of $50.
The bullish thesis strengthens on confirmation of profitability and continued 40%-plus revenue growth. The setup weakens if Q2 revenue growth decelerates below 35% or if AI competition forces a guide-down. Net, the risk/reward looks favorable.
Year 24/7 Wall St. Price Target 2026 $36.88 2027 $44 2028 $52 2029 $60 2030 $68 These projections assume Figma sustains 30%-plus revenue growth and reaches durable profitability. Significant upside or downside could result from how aggressively AI reshapes the design software stack.
Figma Inc (NYSE:FIG) is up 4% in premarket trading at $18.70, after Citigroup initiated coverage with a "buy" rating and $36 price target. The brokerage cited software sector strength, and upside potential after the stock's underperformance.
Should these gains hold, FIG will snap an 11-day losing streak. Publicly traded since July 2025, the stock yesterday was flirting with its April 30 record-low of $16.62. Since the start of the year, the equity is down 51.9%.
Most analysts are still skeptical. Coming into today, 10 of the 13 analysts in coverage carry a "hold" rating, compared to just three "strong buy" recommendations. This leaves plenty of room for additional upgrades.
Nearly 70 million shares are sold short, representing 16% of FIG's available float. At the stock's average pace of daily trading, it would take almost four days for these bearish bets to be covered.
Figma FIG shares climbed about 5% on Wednesday after Citi initiated research coverage of Figma with a Buy/High-risk rating and a $36 price target.
Citi said Figma operates in a design software market that is evolving rapidly as artificial intelligence tools and lower-cost alternatives gain traction. Even so, the firm believes concerns that AI could reduce the number of paid users may be overstated, citing opportunities for higher-tier subscriptions, broader adoption among non-design professionals, and increased spending tied to AI features.
The brokerage said its checks with major cloud providers and large financial institutions indicated encouraging demand trends for Figma. Citi pointed to signs of customers upgrading subscription tiers and increasing usage of credit-based AI offerings, which it said may support Figma's monetization efforts.
Citi also projected revenue for the second quarter and fiscal 2026 above Wall Street expectations. The firm said upcoming product events, including Figma's Config conference, as well as potential revenue opportunities tied to new products and monetization initiatives, could serve as catalysts. Citi noted that a lock-up expiration expected in mid-August may weigh on sentiment.
STOCKHOLM--(BUSINESS WIRE)--Klarna, the global digital bank and payments provider, has partnered with Bolt, the European shared mobility platform, to bring Klarna's payment options directly into the Bolt app. Across Sweden, Germany, Finland and Norway, users can now pay for car rides and scooters with Klarna, with car rentals also available in Germany. The integration is built on tokenised payments, allowing users to pay through their stored credentials without re-entering details for each trip.
Klarna, the global digital bank and payments provider, has partnered with Bolt, the European shared mobility platform, to bring Klarna's payment options directly into the Bolt app. Across Sweden, Germany, Finland and Norway, users can now pay for car rides and scooters with Klarna, with car rentals also available in Germany.
The integration is built on tokenised payments, allowing users to pay through their stored credentials without re-entering details for each trip. In all four markets, customers can choose to pay in full or pay monthly with Klarna.
The rollout is already underway, with full availability across all four markets expected by the end of June 2026.
The partnership brings together two of Europe's largest consumer platforms: Bolt serves more than 200 million customers across over 50 countries, while Klarna has over 119 million active users worldwide. For Klarna, it deepens a growing presence in everyday, high-frequency spending, placing the company at the point of payment for some of the most routine decisions people make in cities, alongside its reach in retail and travel.
"Bolt is where millions of people in our markets decide how to get around each day, and that is exactly where Klarna wants to be," said Björn Bryngelson, Head of Nordics at Klarna. "We are building Klarna into the moments that make up daily life, and few things are more everyday than how you move around your city."
"Whether it's getting to work, meeting friends or catching a train, people use Bolt to get around every day. Paying for those journeys should be just as simple. By adding Klarna, we're giving our customers another convenient way to pay for the transport services they use most often," said Kaspar Loog, Commerce and Payments Group Product Manager at Bolt.
Forward-looking statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding our future financial performance, business strategy, growth objectives and market opportunities. Words such as "believe," "expect," "anticipate," "intend," "plan," "will," "may," "could," "estimate," and similar expressions identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. Forward-looking statements reflect our views as of the date of this release and are based on information currently available to us. We undertake no obligation to update any forward-looking statements, except as required by law. Actual results may differ materially from those anticipated. Investors should not place undue reliance on these forward-looking statements and should review the risk factors in our filings with the SEC for a more complete discussion of risks.
About Bolt
Bolt is a shared mobility platform that has operations in over 50 countries and 850 cities and provides shared mobility services, including ride-hailing, scooter and e-bike rental and car rental to over 200 million customers. More than 4.5 million drivers use the Bolt platform around the world. The company seeks to accelerate the transition from owned cars to shared mobility, offering better alternatives for every use case.
About Klarna
Klarna is a global digital bank and flexible payments provider. With over 118 million global active Klarna users and 3.4 million transactions per day, Klarna’s AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay & Google Pay. More than one million retailers trust Klarna’s innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, Nike and Airbnb. Klarna is listed on the New York Stock Exchange (NYSE: KLAR). For more information, visit Klarna.com.
Category: Partnership News
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Klarna (KLAR) remains a Buy as growth drivers broaden beyond BNPL, supported by expanding merchant partnerships and Fair Financing penetration. KLAR's GMV grew 33% y/y, revenue 44%, and Fair Financing GMV surged 138%, highlighting strong network effects and product adoption. Profitability inflected: adj. EBIT rose to $68M from $3M, net income turned positive, and funding risk is reduced by a $12.3B deposit base.
Strive, Inc. (ASST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
REX Shares ("REX") and Tuttle Capital Management ("TCM") today announce that listed options are now available on the T-REX 2X Long SpaceX Daily Target ETF (NYSE Arca: SPAX), giving traders an additional way to express tactical views on one of the most closely watched names in the public market.
SPAX is designed to deliver 200% of the daily stock price performance of Space Exploration Technologies Corporation (Nasdaq: SPCX), before fees and expenses. With options now listed, traders can use calls, puts, and multi-leg strategies alongside the fund itself to manage exposure, define risk parameters, or position around the elevated volatility that has characterized SPCX since its public debut. Options on SPAX add a layer of flexibility on top of a product that already delivers leveraged daily exposure inside a liquid, transparent ETF.
"Few names generate the kind of conviction SpaceX does, and SPAX has given traders a way to act on it," said Greg King, CEO and Founder of REX. "With listed options, they can now define risk, target a daily view, and build multi-leg strategies around that conviction.”
"Layering a listed options market on top of a 2X single-stock ETF is about as much firepower as you can hand an active trader," added Matt Tuttle, CEO and CIO of Tuttle Capital Management. "SpaceX moves, and that kind of volatility is exactly what makes options on a leveraged SpaceX product so useful."
SPAX is among a growing number of T-REX funds to gain a listed options market, reflecting rising trader demand for more precise ways to play single-stock volatility. The suite now includes over 40 leveraged and inverse single-stock ETFs, among them first-to-market 2X exposures to Robinhood (ROBN), Nvidia (NVDX), and Tesla (TSLT).
Investing in the Fund is not equivalent to investing directly in SPCX.
Options involve risk and are not suitable for all investors. Prior to buying or selling an option, investors must read a copy of the Characteristics and Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange traded options and is available from your broker or from The Options Clearing Corporation. Options carry the risk of losing the entire premium paid in a relatively short period, and certain strategies can expose an investor to losses that exceed the initial investment.
Investing in the fund involves significant risk and is for sophisticated investors. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if SPCX's performance is flat, and it is possible that the Fund will lose money even if SPCX's performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of SPCX falls by more than 50% in one trading day.
For full fund information, holdings, and risk disclosures, visit rexshares.com.
About T-REX
The T-REX lineup is a partnership between REX Shares and Tuttle Capital Management. T-REX is redefining single-stock ETFs with first-to-market leveraged and inverse exposures. Built to deliver 2x and -2x daily performance on some of the market's most dynamic companies, T-REX funds give traders powerful tools to express high-conviction views. From being the first to launch 2x and -2x ETFs on Tesla (TSLT) and Nvidia (NVDX), to pioneering the first leveraged 2x ETFs tied to spot Bitcoin (BTCL), T-REX continues to set the pace in ETF innovation. With more than 40 products already trading, the suite is constantly expanding to meet evolving investor demand for tactical, high-impact exposures. For more information, visit rexshares.com.
About REX Shares
REX Shares offers a suite of exchange-traded products built for both active traders and long-term investors, spanning income, leveraged, thematic, and crypto strategies. Whether making short-term trades, generating income from volatility, or investing in digital assets and emerging themes like drones, REX empowers investors to act on strong market views. For more information, please visit rexshares.com.
About Tuttle Capital Management
Tuttle Capital Management is a leader in thematic and actively managed ETFs, leveraging an agile investment approach to align with market trends. Please visit www.tuttlecap.com for more information.
This ETF does not invest directly in the referenced asset and has a higher degree of risk since it is seeking to track a single stock or asset.
A link to the Fund's prospectus can be found here. Click here for fund holdings.
Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the T-REX ETFs please call 1-844-802-4004 or visit our website at rexshares.com. Read the prospectus and summary prospectus carefully before investing.
There is no guarantee that the Fund will achieve its investment objective. Investing involves risk, including possible loss of principal.
Important Risks
Investing in a REX Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. The REX Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment.
An investment in the Fund entails risk. The Fund may not achieve its leveraged investment objective and there is a risk that you could lose all of your money invested in the Fund. The Fund is not a complete investment program. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important that investors closely review all of the risks listed below and understand them before making an investment in the Fund.
Options Risk. The Fund and its shares may be the reference asset for listed options. Options are complex instruments and may be more volatile than the underlying shares. The use of options may involve risks different from, or greater than, the risks associated with investing directly in the Fund, including the risk that an option may expire worthless and the risk of significant or total loss of the premium paid.
Effects of Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective and the Fund's performance for periods greater than a trading day will be the result of each day's returns compounded over the period, which is very likely to differ from 200% of the underlying's performance, before fees and expenses. Compounding affects all investments, but has a more significant impact on funds that are leveraged and that rebalance daily and becomes more pronounced as volatility and holding periods increase.
Leverage Risk. The Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage. An investment in the Fund is exposed to the risk that a decline in the daily performance of the underlying stock will be magnified. This means that an investment in the Fund will be reduced by an amount equal to 2% for every 1% daily decline in the underlying, not including the costs of financing leverage and other operating expenses, which would further reduce its value.
SpaceX Investing Risk. SpaceX is a commercial space transportation and aerospace technology company whose business model is dependent on the successful development, launch and operation of complex space systems, including launch vehicles, spacecraft and satellite constellations.
Liquidity Risk. Holdings of the Fund may be difficult to buy or sell or may be illiquid, particularly during times of market turmoil. Illiquid securities may be difficult to value, especially in changing or volatile markets.
Non-Diversification Risk. The Fund is classified as "non-diversified" under the Investment Company Act of 1940, as amended. This means it has the ability to invest a relatively high percentage of its assets in the securities of a small number of issuers or in financial instruments with a single counterparty or a few counterparties.
Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds' investment advisor.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260616940253/en/
Key Takeaways IREN acquired Nostrum, adding about 490MW of secured grid-connected power in Spain.The deal expands IREN's presence in Europe, a key market for growing AI infrastructure demand.IREN gains local development and engineering expertise to advance future AI cloud projects. IREN Limited (IREN - Free Report) recently completed the acquisition of Nostrum Group, a Spain-based developer of grid-connected AI data centers. The acquisition marks IREN's entry into Europe and adds approximately 490 megawatts of secured, grid-connected power in Spain and increases IREN's total power portfolio to 5 gigawatts. A key positive here is IREN's access to power, which the company sees as a key requirement for AI infrastructure development, making the 490MW portfolio a key asset for IREN.
The acquisition expands IREN's ability to develop AI infrastructure in Europe, which the company describes as one of the largest and fastest-growing AI infrastructure markets. Demand for AI computing capacity will continue to increase as enterprises, cloud providers and governments invest in AI applications. This is where the Nostrum acquisition should help IREN to serve its customers who require infrastructure capacity across multiple regions.
Spain was selected because it offers several advantages for AI infrastructure development. According to IREN, the country provides access to abundant renewable energy, strong fiber connectivity and a supportive environment for large-scale data center projects. IREN sees Spain as one of the most attractive markets in Europe for AI infrastructure that can support future AI Cloud deployments because the region offers low-cost renewable power with connectivity to major European markets. These factors could help support future AI Cloud deployments.
The acquisition also brings an experienced local team of more than 50 employees across development, engineering, construction and operations. The team will strengthen IREN’s execution capabilities in Europe and help advance projects in the development pipeline. By adding secured power, development sites and local expertise, the Nostrum acquisition gives IREN a platform to expand its AI Cloud business in Europe.
IREN Stock Faces Stiff CompetitionIREN faces intense competition from TeraWulf (WULF - Free Report) and Applied Digital (APLD - Free Report) in the AI infrastructure space.
In May 2026, TeraWulf acquired the Muskie Data Campus, a new AI and high-performance computing (HPC) development site in Eastern Kentucky. The campus is expected to support more than 1 GW of data center capacity. The Muskie Data Campus becomes TeraWulf’s second major digital infrastructure campus in Kentucky, in addition to its 480 MW Justified Data campus in Hancock County. The acquisition expands WULF’s development pipeline and increases its ability to support AI and HPC customers across different regions and power markets.
In May 2026, Applied Digital signed a 15-year lease agreement with a U.S.-based investment-grade hyperscale customer for Polaris Forge 3, APLD’s fourth AI data center campus. Polaris Forge 3 will provide 300 MW of IT capacity and will be supported by approximately 430 MW of utility power, and will be used to support large-scale AI training and inference workloads. The agreement increases APLD's total contracted lease revenues across four AI Factory campuses to approximately $31 billion.
IREN’s Price Performance, Valuation & EstimatesShares of IREN have surged 56.6% in the year-to-date period against the Zacks Financial Miscellaneous Services industry’s decline of 6%.
IREN YTD Price Return Performance
Image Source: Zacks Investment Research
IREN shares are overvalued, as suggested by the Value Score of F. In terms of forward price/sales, IREN is trading at 8.22X compared with the industry’s 2.81X.
The Zacks Consensus Estimate for IREN’s bottom line in fiscal 2026 is pegged at a loss of 40 cents per share, revised downward over the past 30 days. IREN reported earnings of 4 cents per share in fiscal 2025.
Image Source: Zacks Investment Research
Currently, IREN carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
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.
PagSeguro Digital (PAGS - Free Report) is a stock many investors are watching right now. PAGS is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 7.24, which compares to its industry's average of 16.86. Over the past year, PAGS's Forward P/E has been as high as 7.81 and as low as 4.84, with a median of 6.45.
Investors should also note that PAGS holds a PEG ratio of 0.64. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. PAGS's PEG compares to its industry's average PEG of 0.98. PAGS's PEG has been as high as 0.69 and as low as 0.33, with a median of 0.49, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's 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. PAGS has a P/S ratio of 0.66. This compares to its industry's average P/S of 1.77.
Finally, investors should note that PAGS has a P/CF ratio of 4.59. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. PAGS's current P/CF looks attractive when compared to its industry's average P/CF of 12.13. Within the past 12 months, PAGS's P/CF has been as high as 4.68 and as low as 2.85, with a median of 3.80.
These are only a few of the key metrics included in PagSeguro Digital's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, PAGS looks like an impressive value stock at the moment.
Silicon Motion Technology (SIMO +7.98%) recently shed more than 20% of its value from all-time highs, but the dip looks like a buying opportunity. Investors have been buying this dip, already starting to close the gap between the stock's 20% downturn.
Is this post-correction recovery sustainable, or is the dip bound to intensify?
Here's what investors should know about this under-the-radar AI stock.
Image source: Getty Images.
What Silicon Motion Technology does Silicon Motion Technology specializes in NAND flash controllers, a component that goes inside solid-state drives and other AI memory products. The company's products are vital components of the AI boom, and that has translated into compelling financial results.
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The company delivered 23% sequential sales growth in the first quarter. This is normally a slow quarter for Silicon Motion Technology, but proved to be a stand-out performance instead. Its Ferri and Boot Drive products, key parts of the AI build-out, commanded more than 750% year-over-year revenue growth and more than tripled sequentially.
Overall sales more than doubled year over year, but it was Silicon Motion Technology's Q2 guidance that truly captured people's attention. A projected 20% sequential growth rate in Q2 showed investors that Silicon Motion Technology is exhibiting the same pattern of meaningful sequential growth that turned Micron and Sandisk into superstar growth stocks.
The bullish J.P. Morgan Conference There haven't been any concrete financial updates since Silicon Motion Technology reported Q1 results in the end of April. However, the company's executives recently spoke at J.P. Morgan's 54th Annual Global Technology, Media, and Communications Conference.
Silicon Motion Technology CEO Wallace C. Kou and CFO Jason Tsai participated in a fireside chat that tipped investors off on significant bullish developments. The conference took place on May 19, more than halfway into Q2. Kou mentioned that they are focused on retaining and growing the customer base instead of raising gross margins right away. He attributed this to the goal of aggressively growing the company's top line, but dropped a massive hint about future results.
"So product mix, we'll maintain 50% corporate gross margin. But because our goal is to grow top line aggressively. So wait for our Q2 earnings call and with the Q3 guidance, you can probably understand how fast we can grow in 2027," Kou said.
After being more than halfway through Q2 and having visibility into future sales, Kou has more information than most about Silicon Motion Technology's future results, and he sounded pretty confident at the conference. Silicon Motion Technology CFO Tsai also had bullish commentary that indicates a multi-year supercycle.
"Some of these big opportunities in enterprise and boot drives and automotive are really just beginning to scale toward the latter part of this year. That will continue to fuel long-term growth into '27, '28 and beyond," Tsai said.
This commentary, combined with Silicon Motion Technology's Q1 results, suggests that investors are still early. The dip looks like a compelling long-term buying opportunity.
Silicon Motion Technology is leveraged to AI/datacenter growth, SSD controller share gains, and a rebound in mobile storage, driving exceptional operational performance. I initiate coverage with a buy rating, targeting $400 (30x '27E EPS), reflecting 46% upside as consensus underestimates 2027 earnings power. SIMO's robust growth is supported by ramping MonTitan enterprise SSD controllers and diversified end-market exposure, with 2027 revenue and EPS estimates well ahead of Street expectations.
MILWAUKEE, June 16, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV) (the “Company”), a leading global provider of payments and financial services technology solutions, today announced the commencement of tender offers to purchase for cash any and all of the senior notes issued by the Company listed in the table below (collectively, the “Notes”). The tender offers (the “Offers”) are being made pursuant to the Offer to Purchase, dated June 16, 2026 (the “Offer to Purchase”).
Offers to Purchase for Cash Any and All of the Company’s Senior Notes Described in the Table Below
Title of SecurityCUSIP No. / ISIN No.(1)Principal Amount Outstanding
U.S. Treasury Reference Security(2)Bloomberg Reference Page(2)Fixed Spread(3)5.150% Senior Notes due 2027337738 BJ6 / US337738BJ60
$750,000,0004.000% UST due May 31, 2028FIT15 bps4.400% Senior Notes due 2049337738 AV0 / US337738AV08
$2,000,000,000
5.000% UST due May 15, 2046FIT1108 bps
(1) No representation is made as to the correctness or accuracy of the CUSIP numbers listed herein. Such information is provided solely for the convenience of the Holders (as defined below) of the Notes.
(2) The consideration (the “Consideration”) payable per $1,000 principal amount of Notes validly tendered and accepted for purchase will be determined in the manner described in the Offer to Purchase by reference to the applicable fixed spread specified in the table above plus the yield to maturity of the applicable U.S. Treasury Reference Security specified in the table above based on the bid-side price of such Reference Security on the applicable Reference Page specified in such table at 2:00 p.m., New York City time, on June 23, 2026 (as such date and time may be extended). The calculation of the Consideration may be performed to either the maturity date or the par call date for the Notes, as applicable, in accordance with standard market practice. The Consideration does not include Accrued Interest (as defined below), which will be paid on Notes accepted for purchase by us.
(3) In addition to the Consideration, holders (each a “Holder” and, collectively, the “Holders”) of Notes accepted for purchase pursuant to the Offers, including Notes accepted pursuant to the Guaranteed Delivery Procedures referred to herein, will also receive accrued interest from the last interest payment date of the Notes to, but not including, the Settlement Date (as defined below) (such accrued interest, the “Accrued Interest”) .
The Offers may be amended by us in our sole discretion, subject to applicable law. The Offers will expire at 5:00 p.m., New York City time, on June 23, 2026, unless extended or terminated by us (such time and date, as the same may be extended or terminated by us in our sole discretion, subject to applicable law, the “Expiration Date”). Tendered Notes may be withdrawn at or prior to the Expiration Date by following the procedures in the Offer to Purchase, but may not thereafter be validly withdrawn, unless otherwise required by applicable law.
Tenders of Notes after the Expiration Date will not be valid, unless the Guaranteed Delivery Procedures specified in the Offer to Purchase are followed.
We expect to purchase all Notes that have been validly tendered (including pursuant to the Guaranteed Delivery Procedures) and not validly withdrawn at or prior to the Expiration Date and accepted for purchase, on the third business day after the Expiration Date, which is expected to be June 26, 2026 unless extended (the “Settlement Date”).
Tenders of Notes may be validly withdrawn at any time at or prior to 5:00 p.m., New York City time, on June 23, 2026, unless extended by us in our sole discretion (the “Withdrawal Deadline”), but, unless otherwise required by applicable law, may not be validly withdrawn thereafter. The Company may extend the Withdrawal Deadline in its sole discretion. In addition, the Company may extend the Expiration Date without extending the Withdrawal Deadline or otherwise reinstating withdrawal rights of Holders, subject to applicable law.
Our obligation to accept for purchase and pay for Notes pursuant to the Offers is subject to the satisfaction or waiver by the Company of certain conditions set forth in the Offer to Purchase, including, among other things, the receipt of proceeds upon settlement of an offering of new euro denominated senior notes. The Offers are not conditioned upon the tender of any minimum principal amount of the Notes.
The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Offers. The description of the Offers above is only a summary and is qualified in its entirety by the Offer to Purchase, which may be obtained as described below.
Information Relating to the Tender Offers
Citigroup Global Markets Inc. (“Citigroup”), J.P. Morgan Securities LLC (“J.P. Morgan”), TD Securities (USA) LLC (“TD Securities”) and Wells Fargo Securities, LLC (“Wells Fargo Securities”) are the lead dealer managers for the tender offers. Investors with questions regarding the tender offers may contact the lead dealer managers at the following telephone numbers: (i) Citigroup at (800) 558-3745 (toll-free) or (212) 723-6106 (collect), (ii) J.P. Morgan at (866) 834-4666 (toll-free) or (212) 834-3554 (collect), (iii) TD Securities at (866) 584-2096 (toll-free) or (212) 827-2842 (collect), and (iv) Wells Fargo Securities at (866) 309-6316 (toll-free) or (704) 410-4235 (collect). Global Bondholder Services Corporation is the tender and information agent for the tender offers and can be contacted at (855) 654-2014 (toll-free) (bankers and brokers can call collect at (212) 430-3774) or by email at [email protected].
None of the Company or its affiliates, their respective boards of directors, the lead dealer managers, the tender and information agent, and the trustee with respect to any Notes is making any recommendation as to whether Holders should tender any Notes in response to the Offers, and neither the Company nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.
Holders are urged to evaluate carefully all information in this news release, including the documents referred to herein, consult their own investment and tax advisors and make their own decisions whether to tender some or all of their Notes. If a Holder holds Notes through a custodian bank, broker, dealer, commercial bank, trust company or other nominee, it should contact such custodian or nominee if it wishes to tender its Notes.
The Offer to Purchase may be obtained from Global Bondholder Services Corporation, free of charge, by calling (855) 654-2014 (toll-free) (bankers and brokers can call collect at (212) 430-3774 or by email at [email protected]. Additionally, copies of the Offer to Purchase are available at the following webpage: https://www.gbsc-usa.com/Fiserv/.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, is a global leader uniting commerce and finance. The company powers sustained growth and innovation at scale for financial institutions and businesses worldwide across payments, account processing, digital banking, merchant acquiring, network services, e-commerce, and Clover®, the all-in-one business management platform. Fiserv is a member of the S&P 500® Index and one of FORTUNE® America’s Most Innovative Companies.
Forward-Looking Statements
This news release contains “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those that express a plan, belief, expectation, estimation, anticipation, intent, contingency, future development, outlook, or similar expression, and can generally be identified as forward-looking because they include words such as “believes,” “anticipates,” “expects,” “could,” “should,” “confident,” “likely,” “plan,” or words of similar meaning. Statements that describe our future plans, objectives or goals are also forward-looking statements. The forward-looking statements involve significant risks and uncertainties, and a number of factors, both foreseen and unforeseen, could cause actual results to differ materially from our current expectations. The factors that may affect our results include, among others, the following: general market conditions which might affect the Offers; our ability to compete effectively against new and existing competitors and to continue to introduce competitive new products and services on a timely, cost-effective basis; changes in customer demand for our products and services; the ability of our technology to keep pace with a rapidly evolving marketplace; our ability to successfully implement and achieve the expected benefits associated with our One Fiserv action plan; the success of our merchant alliances, some of which we do not control; the impact of a security breach or operational failure on our business, including disruptions caused by other participants in the global financial system; losses due to chargebacks, refunds or returns as a result of fraud or the failure of our vendors and merchants to satisfy their obligations; changes in local, regional, national and international economic or political conditions, including those resulting from heightened inflation, rising interest rates, taxes, trade policies and tariffs, a recession, bank failures, or international hostilities, and the impact they may have on us and our employees, clients, vendors, supply chain, operations and sales; our ability to use artificial intelligence to improve our products and services and enhance our operations; the effect of proposed and enacted legislative and regulatory actions affecting us or the financial services industry as a whole; our ability to comply with government regulations and applicable card association and network rules; the protection and validity of intellectual property rights; the outcome of pending and future litigation and governmental proceedings; our ability to successfully identify, complete and integrate acquisitions, and to realize the anticipated benefits associated with the same; the impact of our growth strategies; our ability to attract and retain key personnel; adverse impacts from currency exchange rates or currency controls; changes in corporate tax and interest rates; and other factors identified in “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 and in other documents that we file with the Securities and Exchange Commission, which are available at http://www.sec.gov. You should consider these factors carefully in evaluating forward-looking statements and are cautioned not to place undue reliance on such statements, which speak only as of the date of this news release. The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this news release.
On Monday, after just over a year on the job, former CEO Michael Lyons left Fiserv to join Truist Financial. The departure marks a continued shake-up at the leadership ranks following the previous departure of Frank Bisignano. Shares in FISV's have continued to struggle, due in part to the uncertainty of the stability in the leadership structure.
It's easy to think that you missed out on an opportunity after a growth stock has trounced the S&P 500, but the Sandisk (SNDK +0.20%) rally doesn't seem to be over. The company benefits from a multi-year growth opportunity that sets the stage for accelerated revenue and net income growth.
Sandisk is at the center of AI When most people think of AI, they immediately think of Nvidia. However, investors can make more money by focusing on smaller components of AI, such as memory chips. Its NAND flash memory technology is critical for AI chips that process substantial amounts of data. Without good memory products, AI chips would experience significant performance drops, and some workloads would stop functioning.
Image source: Getty Images.
Sandisk is a critical part of the AI bottleneck, and more investors have been noticing. That's why the stock is up by more than 4,850% over the past year. Its fundamentals back the move, with net profit margins above 60% and revenue almost doubling sequentially in its fiscal 2026 Q3.
Sandisk CEO David Goeckeler called the quarter a "fundamental inflection point" for the company while touting impressive guidance for its fiscal 2026 Q4. The $8 billion midpoint for Q4 FY26 revenue represents 34.4% sequential growth from the company's blockbuster fiscal 2026 Q3 results.
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Sandisk still trades at a good valuation It's hard to find a growth stock that is up by more than 4,850% over the past year while simultaneously having a good valuation, but Sandisk fits the description. The company has a 67.7 P/E ratio compared to the State Street Technology Select Sector SPDR ETF's 36.8 P/E ratio.
However, almost none of the companies in that tech benchmark are growing as quickly as Sandisk. The NAND flash memory provider has a forward P/E ratio of 30.6. This metric reflects how Sandisk's valuation will become more attractive over time as it continues to deliver exceptional revenue and net income growth rates.
Some of Sandisk's competitors have warned that ongoing memory chip shortages will last throughout 2027 and beyond. Sandisk is already sold out of memory products through 2026 and is seeing heightened demand for 2027.
Sandisk will continue to have a good valuation as long as the AI build-out continues. Memory products will continue to become more expensive due to the perfect storm of supply crunches and rising demand. Those massive tailwinds explain why Sandisk continues to hit fresh highs despite an otherworldly rally over the past year.
Marc Guberti has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.
Key Takeaways Sandisk sees AI inference workloads boosting NAND demand as storage intensity rises across deployments.Sandisk's BiCS8 SSD lineup and upcoming QLC-based Stargate platform target AI datacenter needs.SNDK has secured supply agreements with guarantees above $11B and guided fiscal Q4 revenues to $7.75-$8.25B. Sandisk Corporation (SNDK - Free Report) is positioned at the center of a structural shift in AI infrastructure, as the rapid expansion of inference workloads drives accelerating demand for high-capacity, cost-efficient storage solutions and reinforces NAND flash's growing importance within the AI stack. While AI training has driven infrastructure spending over the past several years, the next phase of AI adoption is increasingly centered on inference, where models are deployed at scale to support real-time user interactions.
The inference opportunity remains in its early stages. Workloads such as key-value caching, retrieval-augmented generation and agentic AI applications require rapid access to growing volumes of contextual data, external knowledge repositories and intermediate outputs. As model sizes, token generation volumes and context windows continue to expand, NAND flash is becoming an attractive storage medium due to its density, scalability and cost advantages.
Sandisk's BiCS8-based enterprise solid-state drive portfolio, spanning both triple-level cell and quad-level cell architectures, is well positioned to address demand across performance-intensive and capacity-oriented AI deployments. The upcoming commercialization of its quad-level cell-based Stargate platform further strengthens its opportunity within AI datacenter environments.
Customer demand trends reinforce this outlook. Sandisk has secured multiple multi-year supply agreements backed by financial guarantees exceeding $11 billion, highlighting confidence in long-term NAND demand. The company’s third-quarter fiscal 2026 performance reflected improving market fundamentals, with non-GAAP gross margin expanding to 78.4% from 22.7% a year ago. Fiscal fourth-quarter revenue guidance of $7.75-$8.25 billion also points to continued momentum. As AI inference deployments scale globally, rising storage intensity is expected to drive greater NAND consumption, creating a favorable long-term demand environment for Sandisk.
SNDK Faces Stiff CompetitionSandisk competes closely with Micron Technology (MU - Free Report) and Western Digital (WDC - Free Report) in the NAND flash market. Micron has strengthened its position through continued investments in advanced NAND technologies and enterprise SSDs targeting AI datacenter workloads. Meanwhile, Western Digital remains a key NAND competitor with a broad flash storage portfolio and established relationships across cloud and enterprise customers.
While Micron and Western Digital possess significant scale, Sandisk's BiCS8 NAND technology and expanding TLC and QLC enterprise SSD portfolio position it well to capitalize on the growing storage requirements of AI inference workloads.
SNDK’s Share Price Performance, Valuation & EstimatesSandisk shares have skyrocketed 788% in the year-to-date period, outperforming the broader Zacks Computer and Technology sector’s return of 16.5%.
SNDK Stock Outperforms Sector
Image Source: Zacks Investment Research
SNDK stock is trading at a forward 12-month price/sales of 6.98X compared with the Zacks Computer-Storage Devices’ 4.52X. Sandisk has a Value Score of F.
SNDK’s Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for fiscal 2026 earnings is pegged at $65.68 per share, up by 1.33% over the past 30 days. Sandisk reported earnings of $2.99 per share in fiscal 2025.
Sandisk currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Sandisk is upgraded to Buy as AI shifts to edge devices, driving explosive local storage demand. SNDK stands to benefit from billions of AI-enabled devices, with Edge its largest and fastest-growing business. Despite a recent rally, SNDK remains undervalued; robust AI-driven demand could justify a $4,000 price target.
Sandisk (SNDK +0.36%) stock has been on fire in 2026. An investment of $1,000 in the shares of this memory specialist at the beginning of the year is now worth more than $7,200.
You may be wondering if Sandisk remains worth buying after the phenomenal multibagger returns it has already delivered so far this year. Wall Street analysts definitely think so, as they have been raising their price targets on this semiconductor stock amid favorable conditions in the memory market.
The artificial intelligence (AI)-fueled demand for flash storage in data centers has supercharged Sandisk's growth, and the good news is that the primary catalyst behind the company's growth is sustainable. In fact, I won't be surprised to see Sandisk crushing analysts' expectations and delivering sizzling gains over the next couple of years.
Let's look at the reasons why.
Image source: The Motley Fool.
The decline in NAND flash supply will be a tailwind for Sandisk Sandisk designs and makes NAND flash memory products, such as solid-state drives (SSDs) and memory cards. Its products are used in personal computers (PCs), gaming consoles, wearables, automotive applications, and in data centers.
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The data center-fueled storage demand has been a massive catalyst for Sandisk's revenue and earnings growth over the past year. Traditionally, data centers have relied on hard disk drives (HDDs) to store data owing to low costs. Storage giant Seagate Technology noted a couple of years ago that over 90% of the data stored in data centers is on HDDs.
However, the advent of AI has fueled a significant increase in the need for data storage. That's because training AI models and running inference applications requires huge volumes of data, fueling the need for more data storage. Additionally, AI accelerator chips, such as graphics cards, need to be fed large data volumes quickly, creating a need for faster compute memory, known as high-bandwidth memory (HBM).
These factors have led to a significant jump in NAND flash prices for two reasons.
First, the lead times for enterprise HDDs used in AI data centers reportedly run until at least the end of 2027. HDD giant Western Digital has already started allocating its 2028 capacity, while Seagate noted earlier this year that it will soon start accepting orders for 2027. As a result, AI data centers have been buying SSDs to meet their storage requirements.
Second, there isn't enough NAND flash capacity coming online. That's because major memory manufacturers are focused on adding more compute-oriented HBM capacity by converting their existing NAND capacity. They are doing this to capitalize on HBM's higher profit margins. According to one estimate, NAND flash production capacity could drop by 40% in 2027 as compared to the peak seen in 2022.
All this bodes well for a pure-play NAND flash specialist like Sandisk, especially considering that the demand for enterprise SSDs is estimated to increase at an annual rate of 35% through 2030, according to McKinsey. AI training and inference will be the primary drivers of this robust growth.
So, there is a good chance that the strong NAND flash pricing environment will persist going forward. This is precisely why Wall Street analysts are bullish about Sandisk's prospects.
Wall Street expects more upside from this red-hot stock, but it could significantly exceed expectations Mizuho Securities and BofA Securities recently raised their price targets on this AI stock, citing terrific memory demand and tight supply. The firms believe that Sandisk is on track to see further margin expansion, as supply constraints will lead to higher NAND flash pricing.
Mizuho, which has a $2,200 price target on Sandisk, doesn't see any meaningful NAND flash supply coming online until 2028, while demand will continue to increase at a solid clip. BofA Securities also points toward further price improvements, which is why it raised its price target to $2,100. However, these Wall Street firms may be underestimating Sandisk's upside potential.
That's because the company is poised for phenomenal earnings growth over the next couple of years. Sandisk is about to complete its fiscal 2026 this month, and its earnings per share are poised to grow exponentially from last year's reading of $2.99.
Data by YCharts
What's more, Sandisk's forward earnings multiple is quite attractive at 30x, a slight premium to the tech-focused Nasdaq-100 index's forward earnings multiple of 27. This growth stock should ideally trade at a significant premium in the future, considering its red-hot earnings growth potential. But even if Sandisk trades in line with the Nasdaq-100 index's forward earnings multiple after two years and its fiscal 2028 earnings reach the consensus estimate of $188.78 per share (as seen in the chart above), the stock could jump to $5,098.
That's 156% higher than Sandisk's current stock price, suggesting that it isn't too late for investors to buy it yet.
Carter Worth, the founder of Worth Charting and a regular on CNBC’s Closing Bell, told viewers this week that the memory chip trade has gone too far, too fast. His call: trim, reduce, or hedge memory exposure now, before the market makes the decision for you. The bullseye of his warning was SanDisk (NASDAQ:SNDK | SNDK Price Prediction), which he labeled the “most overbought stock ever” after the shares printed a fresh all-time high.
Worth’s Setup: A $4.4 Trillion Memory Basket To frame just how extreme the move has become, Worth constructed an equal-weight basket of the six largest memory stocks totaling $4.4 trillion in market capitalization, the same size as Apple. He then walked viewers through the chart history: a sideways grind through 2021-2023, two ugly drawdowns of 39% and 37%, and then a vertical surge of 1,375%. He characterized the recent leg as “an aggressive and epic repricing of an asset class” and argued the group is dangerously extended above its 150-day moving average.
The SanDisk chart bears this out. The stock closed Tuesday at $1,991.55, putting it up 738.97% year to date and a staggering 4,404.75% over the past 12 months. The 150-day simple moving average sits at $748.25, leaving the stock trading well above the trend line Worth referenced. The upper Bollinger Band has stretched to $2,069.04, the widest in the dataset, a sign of accelerating volatility expansion.
The Micron Tell Worth singled out Micron Technology (NASDAQ:MU) as the canary. He pointed to an intraday reversal where the stock printed a new high and closed poorly, calling it “you’ve lost your grip on the bar” and an “exhausted type move”. Closing weak after fresh highs, he said, is “not nothing.” Micron has rallied 753.84% over the past year, and even though its 14-day RSI has cooled to 60.48 from extreme readings above 80 in early June, the chart structure he flagged is the kind of distribution signature that often precedes a meaningful drawdown.
Worth’s projected reversion: a 15 to 20% pullback back toward trend across the memory complex.
Fundamentals Are Real, but Valuation Is “A Terrible Timing Tool” The bull case for SanDisk is real. Q3 FY26 results were a blowout: non-GAAP EPS of $23.41 versus a $14.34 consensus and revenue of $5.95 billion against $4.7 billion expected, with gross margin landing at 78.4%. CEO David Goeckeler called it “a fundamental inflection point” tied to multi-year customer agreements and a zero-debt balance sheet (see the 8-K press release). Q4 guidance is for $30.00-$33.00 in non-GAAP EPS.
And yet, Worth’s broader point about the SOXX semiconductor index was that “a lot of money has been pushed in over the past 12 months” and “valuation is a terrible timing tool.” SanDisk now trades at a trailing P/E of 68 with the Wall Street mean target sitting at $1,751.32, below the current quote. Insider activity has tilted toward sales: the Chief Legal Officer sold 600 shares at $1,736 on June 3 and the EVP/CTO sold 2,000 shares at roughly $1,755-$1,758 on June 1.
What to Watch Next The peer group tells the same story Worth sketched. Western Digital (NASDAQ:WDC) has rallied 1,089.5% over the past year, while NVIDIA (NASDAQ:NVDA), the original AI infrastructure proxy, is up a comparatively modest 43.54% over the same window with its RSI sitting at a neutral 47.48. The dispersion between memory and the rest of semis is exactly what Worth is flagging.
Investors building positions here should weigh the structural NAND upcycle against the technical reality Worth laid out: a basket of memory names rivaling Apple in size, stretched far above trend, with the leading name showing the textbook signs of an exhaustion top. Reversion only requires the buying to pause.
LOS ANGELES, June 15, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. (“POET” or “the Company”) (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 1, 2026, and April 27, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before June 29, 2026.
ATLANTA, June 16, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against POET Technologies Inc. (“POET”) (NASDAQ: POET). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding POET's business, operations, and prospects, including allegations that: (1) POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET's valuation; and (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET's business agreements in a public interview, thus endangering POET's business prospects.
Atlanta, Georgia--(Newsfile Corp. - June 16, 2026) - A shareholder class action lawsuit has been filed against POET Technologies Inc. ("POET") (NASDAQ: POET). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding POET's business, operations, and prospects, including allegations that: (1) POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET's valuation; and (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET's business agreements in a public interview, thus endangering POET's business prospects.
If you purchased POET shares between April 1, 2026 and 08:57 AM ET on April 27, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832, or by visiting the firm's website at www.holzerlaw.com/case/poet-technologies/ for more information.
The deadline to ask the court to be appointed lead plaintiff in the case is June 29, 2026.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301607
Source: Holzer & Holzer LLC
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, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of POET Technologies Inc. (NASDAQ: POET).
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) defendant, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: June 29, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/poet-technologies-inc-loss-submission-form/?id=188269&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of POET during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 29, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
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LOS ANGELES, June 16, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises POET Technologies, Inc., (“POET Technologies” or the "Company") (NASDAQ: POET) investors of a class action on behalf of investors that bought securities between April 1, 2026 and April 27, 2026, inclusive (the “Class Period”). POET Technologies investors have until June 23, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/poet-technologies-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On April 27, 2026, Investing.com published an article entitled “POET Technologies stock tumbles after losing Marvell orders.” The article reported that POET stock fell “after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET in a press release on April 25, 2023. Marvell cited the company’s disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations.” On this news, POET’s stock price fell $7.15 per share, or 47.35%, to close at $7.95 per share on April 27, 2026.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar [email protected]
310-692-8883
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NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In POET To Contact Him Directly To Discuss Their Options
If you purchased or acquired POET securities between April 1, 2026 and 08:57 AM ET on April 27, 2026 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) --
What’s Happening?
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against POET Technologies, Inc. (“POET” or the “Company”) (NASDAQ:POET) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired POET securities between April 1, 2026 and 08:57 AM ET on April 27, 2026, both dates inclusive (the “Class Period”).Investors have until June 29, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies’ business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
What are my Next Steps?
If you purchased or otherwise acquired POET shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities,
derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In POET Technologies To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in POET Technologies between April 1, 2026 and 08:57 AM EST on April 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 16, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. ("POET Technologies" or the "Company") (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Watch our latest video highlighting the key allegations: https://youtu.be/zdxRFbToG4A
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On April 27, 2026, Investing.com published an article entitled "POET Technologies stock tumbles after losing Marvell orders." The article stated that POET Technologies stock fell "after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET Technologies in a press release on April 25, 2023. Marvell cited the company's disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations."
Following this news, POET Technologies' stock dropped more than 45% during intraday trading on April 27, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding POET Technologies' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the POET Technologies class action, go to www.faruqilaw.com/POET or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the POET Technologies, Inc. Securities Class Action Lawsuit:
What is the POET Technologies securities fraud lawsuit about?
The POET Technologies securities fraud lawsuit is a federal securities class action alleging that POET Technologies, Inc. (NASDAQ: POET) and its executives made false and misleading statements to investors by misrepresenting the Company's tax status - concealing that it likely qualified as a passive foreign investment company (PFIC) under U.S. tax law, which carries negative tax implications for U.S. stockholders - and by having a Company executive publicly discuss confidential business agreements in violation of a business agreement with a key customer. As the truth emerged on April 27, 2026, when it was reported that Marvell Semiconductor had canceled all purchase orders from POET Technologies, citing the Company's unauthorized disclosures of confidential order and shipping details as violations of its confidentiality obligations, POET's stock dropped more than 45% during intraday trading, causing significant losses for investors.
Who may be eligible to participate in the POET Technologies class action lawsuit?
Investors who purchased or acquired POET Technologies, Inc. (POET) securities between April 1, 2026 and 8:57 AM EST on April 27, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the POET Technologies securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former POET Technologies employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the POET Technologies lawsuit?
A lead plaintiff in the POET Technologies class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any POET Technologies investor who purchased POET securities during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is June 29, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased POET Technologies stock during the Class Period?
Investors who purchased POET Technologies, Inc. (POET) securities between April 1, 2026 and April 27, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the POET Technologies securities class action is June 29, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/POET for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301597
Source: Faruqi & Faruqi LLP
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Notice to Pension Funds, Asset Managers, and Fiduciaries Holding POET Technologies Positions: $7.15 Per-Share Loss Raises Fiduciary Review Obligations
, /PRNewswire/ -- Institutional investors holding positions in POET Technologies Inc. (NASDAQ: POET) during the period from April 1, 2026 through April 27, 2026 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
POET shares collapsed $7.15 per share, a 47.3% single-day decline, on April 27, 2026, after the Company disclosed that Marvell Semiconductor Inc. cancelled all purchase orders from Celestial AI due to alleged confidentiality breaches by POET's management. The window to apply for lead plaintiff closes on June 29, 2026.
Notice to Institutional Holders
Pension funds, mutual funds, hedge funds, and registered investment advisers that held POET common stock during the class period face potential portfolio losses stemming from two distinct alleged disclosure failures: (1) material understatement of the likelihood that POET qualified as a Passive Foreign Investment Company under U.S. tax law, and (2) management conduct that allegedly breached confidentiality obligations with a major customer, directly triggering the cancellation of critical revenue-generating purchase orders.
Institutional holders with fiduciary obligations to beneficiaries should assess whether the magnitude of POET-related portfolio losses warrants active participation in the recovery process.
ERISA and Fiduciary Considerations
For ERISA-governed plans and public pension systems that held POET securities, the class action presents specific fiduciary review questions:
Plan fiduciaries have an obligation to monitor portfolio holdings and evaluate available legal remedies when losses result from alleged corporate fraud Lead plaintiff appointment provides direct oversight of litigation strategy, settlement negotiations, and counsel selection Institutional lead plaintiffs with substantial documented losses receive priority consideration under the Private Securities Litigation Reform Act Participation as lead plaintiff carries no out-of-pocket cost; counsel fees are contingent and court-approved Fiduciaries who fail to evaluate recovery options may face questions from beneficiaries or oversight bodies regarding prudent asset management The PSLRA's rebuttable presumption favors appointing the movant with the largest financial interest in the relief sought Contact us for institutional recovery options or call (212) 363-7500.
Portfolio Impact Assessment
The complaint details that POET generated only $2.3 million in total revenue since 2020, while shares outstanding increased 303% from approximately 38 million to 153 million between late 2022 and early 2026. For institutional holders, this profile raises questions about the basis for any position sizing during the class period and the reliability of information on which investment decisions were made. The alleged PFIC classification carries additional tax consequences that may affect after-tax returns for taxable institutional accounts.
"Institutional investors play a critical role in securities class actions. Their participation as lead plaintiff ensures that substantial losses drive the litigation strategy and that recovery efforts reflect the full scope of harm to the investing class." -- Joseph E. Levi, Esq.
Case Summary
The securities action, filed in the United States District Court for the District of New Jersey, asserts claims under Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934. The pleading asserts that defendants made materially false and misleading statements about POET's tax status and business relationships during the class period, and that the market repriced POET shares sharply downward when the true state of affairs was revealed through corrective disclosures on April 14 and April 27, 2026.
INSTITUTIONAL INVESTOR REPRESENTATION -- Levi & Korsinsky, LLP provides sophisticated counsel to institutional investors evaluating lead plaintiff opportunities. The firm has recovered hundreds of millions of dollars. Ranked among ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the POET Lawsuit
Q: How much did POET stock drop? A: Shares fell approximately 47.3%, a decline of $7.15 per share, after the Company disclosed that Marvell Semiconductor Inc. cancelled all Celestial AI purchase orders due to alleged confidentiality breaches. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.
Q: What is the POET lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is June 29, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: What do POET investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my POET shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of investor's country of residence.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Key Takeaways Comstock sold a 27% stake in Pinnacle Gas Services for $600 million, valuing the business at $2.2 billion.The transaction strengthens CRK's financial flexibility by eliminating debt and preferred equity obligations.Comstock retained a 73% interest and could increase its ownership to 80.5% if certain return targets are met. Comstock Resources, Inc. (CRK - Free Report) announced the sale of a 27% equity stake in its midstream subsidiary, Pinnacle Gas Services, to the investment firm Sixth Street for $600 million. The transaction values Pinnacle at an enterprise value of approximately $2.2 billion, highlighting the underlying value of Comstock's midstream assets in the Western Haynesville. Following the transaction, CRK retains a 73% controlling interest, representing a value of roughly $1.6 billion, and continues to manage and operate the business.
The transaction strengthens Comstock's financial position as the proceeds were used to redeem Pinnacle's preferred equity securities, repay all outstanding debt and simplify its capital structure. As a result, Pinnacle's annual fixed charges are expected to decline approximately $40 million, supporting stronger future cash flows and profitability.
The deal enhances Comstock's exposure to growth by leveraging Pinnacle's midstream network across its 540,000 net Western Haynesville acres. This positions CRK to capitalize on surging natural gas demand from liquified natural gas ("LNG") exports, power generation and expanding data-center infrastructure. CRK also secures a strategic long-term partner while maintaining full operational control.
An additional benefit is the potential increase in Comstock's ownership stake. Upon Sixth Street achieving certain return targets, its interest could decline from 27% to 19.5%, increasing CRK's ownership from 73% to 80.5%. Overall, the transaction unlocks value from Comstock's midstream assets and brings stability to its business model and enhances investor appeal.
Comstock currently carries a Zacks Rank #4 (Sell).
The rising global demand for LNG is driving significant growth for companies involved in production and transportation of natural gas. This trend benefits YPF Sociedad Anónima (YPF - Free Report) and W&T Offshore, Inc. (WTI - Free Report) , which are engaged in natural gas production, as well as Kinder Morgan, Inc. (KMI - Free Report) , which is involved in natural gas transportation. WTI and KMI currently carry a Zacks Rank #2 (Buy) each, while YPF sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
As an integrated energy company, YPF has a strong foothold in Argentina’s Vaca Muerta formation, which supports production growth. In the coming quarters, YPF projects increased operational activity, which is expected to support higher oil and gas output in the second half of 2026.
Operating across 605,000 acres of the Gulf of America, W&T Offshore produces oil and natural gas across a diverse portfolio of offshore assets. With substantial proved and probable reserves, the company is well-positioned for nearly 20 years of steady production.
Kinder Morgan operates one of North America's largest natural gas infrastructure networks, consisting of approximately 58,600 miles of transmission pipelines, 6,800 miles of gathering systems and 1,300 miles of natural gas liquids pipelines. KMI transports nearly 40% of U.S. natural gas production and controls more than 700 billion cubic feet of storage capacity, representing roughly 15% of the nation's total storage capacity.
June 16, 2026 17:03 ET | Source: Dime Community Bancshares, Inc.
HAUPPAUGE, N.Y., June 16, 2026 (GLOBE NEWSWIRE) -- Dime Commercial Bancshares, Inc. (the “Company” or “Dime”) (NYSE: DCOM), the parent company of Dime Commercial Bank (the “Bank”), announced that Kroll Bond Rating Agency (“KBRA”), in a report dated June 16, 2026, issued a “Positive” ratings Outlook for Dime.
KBRA affirmed the deposit and senior unsecured debt ratings of BBB+ for Dime Commercial Bank.
According to the KBRA report, the ratings and “Positive” Outlook reflects management's successful execution of its operating strategies, notably its deposit gathering and loan portfolio diversification initiatives. These efforts have contributed to stronger earnings, improved capital and reserve levels, and a meaningfully lower investor CRE concentration. Funding and liquidity are notable strengths. The successful execution of the deposit-focused team strategy has generated more than $3 billion of core deposits since 2023, which allowed management to largely eliminate noncore funding sources and materially enhance on balance sheet liquidity.
Stuart H. Lubow, President and Chief Executive Officer, stated, “As we continue to execute on our growth plan, we are pleased to receive a Positive ratings Outlook from Kroll.”
ABOUT DIME COMMERCIAL BANCSHARES, INC.
Dime Commercial Bancshares, Inc. is the holding company for Dime Commercial Bank, a New York State-charted trust company with approximately $15 billion in assets and the number one deposit market share on Greater Long Island (1).
¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for commercial banks with less than $20 billion in assets.
FORWARD-LOOKING STATEMENTS
Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.
I initiate coverage on Zeta Global with a Buy rating, citing compelling fundamentals and strong market outperformance. ZETA trades at a 15% discount to the sector median, with a 21x forward P/E, suggesting undervaluation. Accelerated revenue growth and consistent earnings delivery support a premium valuation and long-term bullish outlook.
Key Takeaways MOD raised adjusted EBITDA margin by 30 basis points to 13.8% in fiscal 2026 through cost discipline.MOD forecasts $650-$680 million in adjusted EBITDA for fiscal 2027, implying 100-200 bps expansion.MOD expects margin gains from Q2 as supply constraints ease and stronger revenue boosts leverage. Modine Manufacturing Company (MOD - Free Report) delivered margin improvement in fiscal 2026 by maintaining tight control over expenses despite lower revenues and several cost headwinds. The company’s adjusted EBITDA margin for fiscal 2026 increased 30 basis points year over year to 13.8%, reflecting its focus on cost discipline and its 80/20 operational strategy.
Modine expects further profitability gains in fiscal 2027. The company projects adjusted EBITDA in the range of $650-$680 million, representing more than 40% growth from the prior year. This outlook implies an additional 100 to 200 basis points of margin expansion, supported by commodity-related pricing adjustments, tariff recoveries and margin improvements across all three business segments.
For the first quarter of fiscal 2027, Modine’s margins in its Commercial HVAC and Data Center businesses are expected to remain below year-ago levels due to difficult comparisons and ongoing supply chain constraints affecting data center operations.
Modine anticipates a turnaround beginning in the second quarter, with all three business segments expected to post year-over-year margin improvement. The company expects favorable margin performance to continue through the third and fourth quarters, supported by stronger revenue growth and the easing of data center supply chain shortages, which should enable higher production volumes and improved operating leverage. MOD carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
How Do Modine’s Peers Expect Margins to Evolve?Lennox International Inc. (LII - Free Report) continues to drive growth through customer-focused initiatives, disciplined capital allocation and successful acquisition integration, supporting its resilient margin profile. In the first quarter, Lennox attributed its margin decline entirely to factory underabsorption. As underabsorption issues ease through the second quarter and the latter half of the year, Lennox expects margins to return to more normal levels.
Johnson Controls International plc (JCI - Free Report) reported approximately 100 basis points of year-over-year margin expansion in its Americas segment during the second quarter of fiscal 2026, largely driven by revenue growth and operating leverage. However, Johnson Controls' productivity was temporarily affected by the ramp-up of manufacturing capacity in North America. While Johnson Controls expects some near-term inefficiencies as new employees are trained and production scales up, the company believes strong backlog levels will support continued margin improvement through the remainder of the year.
MOD’s Price Performance, Valuation & EstimatesMOD has outperformed the Zacks Automotive-Original Equipment industry in the last six months. Modine’s shares have rallied 124.3% compared to the industry’s growth of 3.3%.
Image Source: Zacks Investment Research
From a valuation perspective, MOD appears overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 3.61, higher than the industry’s 2.26.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for MOD’s fiscal 2026 and 2027 EPS has moved up 50 cents and $1.10, respectively, in the past 30 days.
