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2026-06-17 07:55 1mo ago
2026-06-16 18:55 1mo ago
State Street's Growth Story Continues With New Fund Launch, After Q1 Results Impress
STT State Street Corporation
FMP Stock News
Original source text
State Street Corporation stock remains a Buy, driven by organic growth, new product launches, and a robust A-level balance sheet. STT's new stablecoin money market fund and consistent earnings beats highlight its competitive positioning and ongoing recovery story. Despite a lower ROE versus peers, STT shows improving margins, strong dividend growth, and conservative payout ratios supporting risk management.
2026-06-17 07:55 1mo ago
2026-06-16 10:46 1mo ago
Here's Why Kroger (KR) is a Strong Growth Stock
KR Kroger Company
FMP Stock News
Original source text
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several 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 also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

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 like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

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.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee 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.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Kroger (KR - Free Report) The Kroger Co., which operates in the thin-margin grocery industry, has been undergoing a complete makeover, not only with respect to products but also in terms of the way consumers prefer shopping grocery. The company is focusing on plant-based products as well as eyeing technological expansion. It acquired meal kit company Home Chef and partnered with British online grocery delivery firm Ocado that reinforces its position in the online ordering, automated fulfillment and home delivery space. It has also introduced grocery delivery service Kroger Ship and inked a deal with driverless car company Nuro.

KR is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. KR has a Growth Style Score of A, forecasting year-over-year earnings growth of 8.3% for the current fiscal year.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.01 to $5.25 per share. KR boasts an average earnings surprise of +3.6%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, KR should be on investors' short list.
2026-06-17 07:55 1mo ago
2026-06-16 07:00 1mo ago
SU Group Announces Distribution Agreement with Germany's GEZE, Expanding Smart Building and Safety Technology Portfolio
SU.US Suncor Energy
FMP Stock News
Original source text
Agreement adds Globally Recognized Door, Window and Safety Technology Solutions to SU Group's Integrated Security-Related Engineering Platform

, /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced a distributorship agreement with Germany's GEZE, a multi-national manufacturer in innovative door, window and safety technology for Smart Buildings.

The agreement broadens SU Group's product and solutions portfolio with GEZE's extensive range of advanced building technologies, including automatic door systems, window technology, safety systems, smoke and heat extraction solutions, access control-related applications and building automation capabilities.

GEZE has been in the industry for over a century and has one of the industry's most extensive product portfolios of smart building and safety technologies. This includes many award-winning products, popular for their innovative functions, high efficiency and clear focus on design, convenience and safety. GEZE's portfolio is particularly relevant to the next generation of Smart Buildings, where doors, windows, safety systems and building management platforms are increasingly expected to work together. Its technologies help support controlled access, barrier-free movement, preventive fire protection, natural ventilation, smoke and heat extraction, energy efficiency and centralized monitoring.

SU Group's Chairman and CEO, Dave Chan, said, "This is a big win for our customers, which put security at the forefront of planning and development decisions. The addition of GEZE to our product array will enable us to compete with top tier players, and participate in projects we could not have before, including those with the most advanced technological requirements. These technologies are increasingly important as developers, property owners and public-sector operators seek buildings that are not only secure, but also more accessible, efficient, connected and easier to manage."

Key Takeaways

New distributorship agreement with GEZE, a German-headquartered global specialist in door, window and safety technology for Smart Buildings Expands SU Group's product offering into advanced automatic door systems, window technology, building automation, access control, fire protection and safety-related applications Positions SU Group to pursue larger, more technically demanding projects across commercial properties, public facilities, infrastructure and residential developments Strengthens SU Group's ability to provide customers with integrated, end-to-end solutions that combine security engineering, safety, accessibility, convenience and smart building functionality Adds a globally established brand founded in 1863, with deep expertise, international scale and a broad product portfolio focused on quality, design and innovation About GEZE

GEZE is a German-headquartered, family-run technology company founded in 1863. The company develops and produces innovative door, window and safety technology for Smart Buildings and is recognized for its broad portfolio of products, systems and services. GEZE's solutions support automatic door systems, window technology, smoke and heat extraction, safety technology, access control-related applications and building automation. With a global presence, more than 3,000 employees and subsidiaries across numerous international markets, GEZE combines engineering expertise, quality, design and digital connectivity to help create safer, more comfortable and more efficient buildings.

About SU Group Holdings Limited

SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk.

Forward-Looking Statements

The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, including the closing of the offering, and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs.  These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, and other risks and uncertainties set forth in our reports filed with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.

SOURCE SU Group Holdings Limited
2026-06-17 07:55 1mo ago
2026-06-16 14:16 1mo ago
SU Group Holdings Limited Announces Board Approval of Warrant Exercise Price Adjustment
SU.US Suncor Energy
FMP Stock News
Original source text
, /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) (the "Company"), an integrated security-related services company in Hong Kong, today announced that its board of directors, with the approval of the warrant holders in accordance with the terms of the applicable warrant instrument, has approved an adjustment to the exercise price of certain outstanding warrants issued by the Company on May 13, 2026, pursuant to the Company's unit offering of pre-funded warrants and warrants, from $5.50 to US$0.87 per ordinary share, effective as of June 17, 2026, subject to the terms and conditions of the applicable warrant documents and any other required approvals.

The Company's board of directors approved the warrant exercise price adjustment after considering, among other things, the Company's current financial and operational needs, prevailing market conditions, the trading price and volume of the Company's ordinary shares, and the potential opportunity to generate additional capital through warrant exercises. The board determined that adjusting the warrant exercise price may better align the warrants with current market conditions and incentivize participation in the Company's fundraising efforts.

The Company expects that any net proceeds received from exercises of the warrants would be used for general working capital and strategic purposes, including marketing, product promotion, and potential merger and acquisition opportunities. The board also considered that additional capital could support the Company's day-to-day operations, growth initiatives, and investment opportunities related to the Company's core business and new technologies.

The board believes that the warrant exercise price adjustment is commercially fair and reasonable and in the best interests of the Company and its shareholders as a whole, based on the information available to the board at the time of its decision. The Company also confirmed that the warrant exercise price adjustment is intended to be undertaken in accordance with the terms of the applicable warrant instrument and applicable laws, regulations, and listing rules.

The Company has authorized its officers to take the steps necessary to implement the warrant exercise price adjustment, including providing any required notices to warrant holders and making any appropriate regulatory filings.

There can be no assurance that any holder of the warrants will elect to exercise such warrants, or that the Company will receive any proceeds from any such exercises.

About SU Group Holdings Limited
SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk.

Forward-Looking Statements
The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, including the closing of the offering, and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs.  These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, and other risks and uncertainties set forth in our reports filed with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.

SOURCE SU Group Holdings Limited
2026-06-17 07:55 1mo ago
2026-06-16 08:30 1mo ago
Grant Thornton Advisors Standardizes MSSP Operations on CrowdStrike Falcon Complete, Replacing Legacy MDR with Agentic MDR
CRWD CrowdStrike
FMP Stock News
Original source text
-

Leader in advisory services consolidates its managed security operations on CrowdStrike, combining human expertise with intelligent agents to stop breaches at machine speed for customers worldwide

AUSTIN, Texas & CHICAGO--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) and Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced that Grant Thornton Advisors is standardizing its managed security services on the CrowdStrike Falcon® platform, anchored by Falcon® Complete through the Falcon Complete for Service Providers program. Building on this strategy, Grant Thornton Advisors is expanding its global security managed services capabilities – further demonstrating the continued evolution of its multinational platform to serve clients operating across multiple jurisdictions.

The move consolidates Grant Thornton Advisors’ managed security service provider (MSSP) capabilities around a unified operating model, enhancing the ability to deliver leading managed detection and response (MDR) solutions to customers worldwide through CrowdStrike’s Agentic MDR. Using intelligent agents to augment expert analysts, Agentic MDR automates high-friction workflows and scales elite managed protection across enterprise environments to stop AI-accelerated adversaries moving at machine speed. The partnership underscores Grant Thornton Advisors’ continued investment in delivering measurable security outcomes for clients across industries and geographies in key markets around the globe.

"Our clients don't need more tools – they need security that actually works," said Tony Buffomante, national managing partner of cyber and risk services at Grant Thornton Advisors LLC. "With Falcon Complete at the core of our managed security operations, we're pairing CrowdStrike's detection and response capabilities with our advisory, incident response, and managed engineering expertise to help clients move from reactive security postures to proactive, measurable protection wherever our clients are located. That's what outcome-driven security looks like – and it's what our clients are asking for."

In this approach, Grant Thornton Advisors is bringing a new portfolio of managed security services to market, including tiered MDR offerings and managed engineering services. These services layer proactive threat hunting, automated response, and platform optimization on top of Falcon Complete – giving customers more insights from their own telemetry data that leads to a single, integrated path to a stronger security posture and reduced risk. This signals a broader shift in the MDR market as advisory firms move away from legacy MDR and fragmented security operations toward the unified Falcon platform.

The announcement comes amid an aggressive growth period for Grant Thornton Advisors, which has expanded its advisory capabilities through a series of acquisitions – including Auxis, Stax, and the recently-announced agreement to acquire MCA Connect – while building a multinational platform that now spans nearly 20 markets with almost 25,000 professionals.

“Organizations are done stitching together point solutions that simply cannot deliver desired results,” said Daniel Bernard, chief business officer at CrowdStrike. “The next generation of MDR is moving from tools to services that actually execute. Grant Thornton Advisors’ choice to standardize on Falcon Complete is about bringing a new class of managed security services to market – combining our Agentic MDR with their advisory, engineering, and operational expertise to deliver security outcomes at scale. This is where the market is going.”

To learn more about Grant Thornton Advisors’ managed security services built on the CrowdStrike Falcon platform, visit: grantthornton.com.

About CrowdStrike

CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/
Follow us: Blog | X | LinkedIn | Instagram
Start a free trial today: https://www.crowdstrike.com/trial

© 2026 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.

About the Grant Thornton Advisors multinational platform

The Grant Thornton Advisors multinational platform is a group of firms within the Grant Thornton International Limited network that connects priority markets and operates with aligned standards, technology and delivery expectations. Firms remain locally led and legally separate. The Grant Thornton International Limited network provides access to its member firms in more than 150 global markets.

The platform is currently home to almost 20 aligned firms stretching from the Americas across Europe and the Middle East to the Asia-Pacific region. These firms bring together almost 25,000 professionals to deliver cross-border solutions powered by advanced technologies, a shared commitment to quality and a growing reputation as the industry’s employer-of-choice. The platform firms operate as separate legal entities.

About Grant Thornton Advisors LLC

Grant Thornton Advisors LLC provides non-attest offerings, including tax and advisory services. It is one of two specialized entities known collectively as Grant Thornton in the US, alongside Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services.

Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants.

Grant Thornton LLP is a CPA firm, while Grant Thornton Advisors LLC is not.

“Grant Thornton” refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.

More News From CrowdStrike

Back to Newsroom
2026-06-17 07:55 1mo ago
2026-06-16 10:12 1mo ago
CrowdStrike's Open Gateway Ecosystem Makes Falcon AI's Control Plane
CRWD CrowdStrike
FMP Stock News
Original source text
AUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) today announced it is extending CrowdStrike Falcon® AI Detection and Response (AIDR) across leading AI gateway partners, including Databricks, Google Cloud, JetStream Security, Kong, LiteLLM, Maxim AI, Microsoft Azure, and TrueFoundry, delivering AI's security control plane. As enterprises move AI into production, AI traffic spans multiple gateways, APIs, and models, fragmenting visibility and increasing exposure to prompt injection, da.
2026-06-17 07:55 1mo ago
2026-06-16 11:31 1mo ago
Can CrowdStrike's Next-Gen SIEM Sustain Its Strong Growth Momentum?
CRWD CrowdStrike
FMP Stock News
Original source text
Key Takeaways CRWD's Next-Gen SIEM surpassed $600M in ending ARR during the first quarter of fiscal 2027.CrowdStrike secured an eight-figure customer win, replacing legacy security solutions.CRWD is enhancing SIEM adoption with Charlotte AI and broader platform consolidation. CrowdStrike's (CRWD - Free Report) Next-Gen SIEM business is becoming a major contributor to the company's growth. The solution helps customers collect and analyze security data from endpoints, cloud environments, identities and third-party applications in one place and helps customers replace legacy security tools and move more security operations onto the Falcon platform.

In the first quarter of fiscal 2027, CrowdStrike's Next-Gen SIEM surpassed $600 million in ending annual recurring revenues (ARR). This makes it one of the company's largest growth businesses outside endpoint security. Further, the company's combined SIEM, Cloud and Identity businesses now generate more than $2 billion in ending ARR, showing that customers are adopting a broader set of CrowdStrike products.

Customer wins also highlight the platform's momentum. During the first quarter, a major fuel retailer selected CrowdStrike to replace a legacy SIEM platform with a next-generation endpoint detection and response solution and software from a network security vendor. This 8-figure new logo win demonstrates how CrowdStrike is using Next-Gen SIEM to consolidate multiple security products onto a single platform.

Artificial intelligence is also supporting adoption. CrowdStrike has integrated Charlotte AI into its SIEM offering to automate alert triage, investigations and threat analysis. The company believes these capabilities can help security teams handle growing volumes of security data while reducing manual effort.

CrowdStrike is also benefiting from a cost advantage. Management noted that customers are ingesting more data into its SIEM platform because they are no longer constrained by the pricing models of legacy vendors. As organizations generate more security data and modernize their security operations centers, Next-Gen SIEM could remain an important growth driver for CrowdStrike.

The Zacks Consensus Estimate for fiscal 2027 and 2028 revenues indicates a year-over-year increase of around 23.5% and 21.6%, respectively.

How Competitors Fare Against CRWDCompetitors like Palo Alto Networks (PANW - Free Report) and SentinelOne (S - Free Report) are also gaining ground through platform expansion and AI innovation.

In the third quarter of fiscal 2026, Palo Alto Networks saw robust growth in its Next-Gen Security ARR, which increased 60% year over year. The growth was driven by increased customer adoption of PANW’s advanced cybersecurity offerings, including its AI-driven XSIAM platform, SASE and software firewalls.

Though comparatively a small competitor, SentinelOne posted first-quarter fiscal 2027 year-over-year growth of 23% in its ARR. The growth was fueled by the rising adoption of SentinelOne’s AI-first Singularity platform and Purple AI.

CRWD’s Price Performance, Valuation and EstimatesShares of CrowdStrike have jumped 47.7% in the year-to-date period compared with the Zacks Security industry’s return of 41.8%.

CRWD YTD Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, CrowdStrike trades at a forward price-to-sales ratio of 27.49, significantly higher than the industry’s average of 15.56. The Zacks Value Score of F also suggests that CRWD stock is overvalued.

CRWD Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CrowdStrike’s fiscal 2027 and 2028 earnings indicates year-over-year growth of 32.2% and 26.7%, respectively. The estimates for fiscal 2027 and 2028 have both been revised upward by 8 cents and 9 cents, respectively, over the past 30 days.

Image Source: Zacks Investment Research

CrowdStrike currently carries a Zacks Rank #4 (Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-17 07:55 1mo ago
2026-06-16 12:03 1mo ago
CrowdStrike Named a Leader in Extended Detection and Response by Independent Research Firm
CRWD CrowdStrike
FMP Stock News
Original source text
-

CrowdStrike ranks highest of all vendors in Current Offering category; receives highest possible score in innovation and community criteria

AUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) today announced it has been named a Leader in The Forrester Wave™: Extended Detection and Response Platforms, Q2 20261 report. CrowdStrike ranked highest of any vendor evaluated in the Current Offering category and received the highest possible scores across the Strategy criteria of Innovation and Community.

The Agentic SOC Stops AI-Accelerated Adversaries

Today's AI-enabled adversary moves across domains in seconds, exploiting stolen identities and fragmented tools that leave analysts stuck in swivel-chair alert triage. Legacy security models can not keep pace. CrowdStrike is leading the evolution of security operations. The company’s single-sensor, unified platform architecture delivers the foundation for the agentic SOC, elevating analysts from alert chasers to orchestrators of intelligent agents that stop breaches with machine speed and precision across the enterprise.

In CrowdStrike’s vendor profile in the report, Forrester states "Its AI agents are a clear differentiator, as they enhance the analyst experience. The product has built a strong approach to testing and validation to ensure its AI outputs are accurate."

Recent acquisitions including SGNL for risk-aware, continuous identity security and Seraphic for browser runtime security extend the platform's reach and unified security model across every surface where work happens and risk lives. The Forrester report noted that "customers speak highly of CrowdStrike's acquisition strategy and ability to integrate acquisitions into a true platform."

Securing AI Where It Executes

Enterprise AI adoption is creating the largest security demand driver since the move to the cloud, and AI executes on the endpoint. Forrester recognized how CrowdStrike's "strongest features come from its native detection surface coverage, especially on the endpoint."

As the pioneer of EDR, CrowdStrike is establishing AI Detection and Response (AIDR) as the defining security category of the AI era. CrowdStrike’s AIDR business has gone from zero to 250 percent sequential ARR growth in under two quarters – securing AI across every surface that it operates: data, models, prompts, agents, identities, infrastructure, and the interaction layer where they converge.

"AI has changed how adversaries operate. CrowdStrike has changed how defenders respond,” said Elia Zaitsev, chief technology officer, CrowdStrike. “CrowdStrike committed to one sensor, one console, one platform from day one, and that architectural advantage is why we can deliver the agentic SOC today and own AIDR, the defining security category of tomorrow. For us, Forrester's recognition reflects what that foundation makes possible."

To learn more about CrowdStrike’s recognition in The Forrester Wave™: Extended Detection and Response Platforms, Q2 2026 report, visit here.

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. This report is part of a broader collection of Forrester resources, including interactive models, frameworks, tools, data, and access to analyst guidance. For more information, read about Forrester’s objectivity here.

About CrowdStrike

CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/

Follow us: Blog | X | LinkedIn | Instagram

Start a free trial today: https://www.crowdstrike.com/trial

© 2026 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.

1 Forrester WaveTM: Extended Detection and Response Platforms, Q2 2026

More News From CrowdStrike

Back to Newsroom
2026-06-17 07:55 1mo ago
2026-06-16 13:00 1mo ago
CrowdStrike Named a Leader in Extended Detection and Response by Independent Research Firm
CRWD CrowdStrike
FMP Stock News
Original source text
CrowdStrike (NASDAQ: CRWD) today announced it has been named a Leader in The Forrester Wave™: Extended Detection and Response Platforms, Q2 20261 report. CrowdStrike ranked highest of any vendor evaluated in the Current Offering category and received the highest possible scores across the Strategy criteria of Innovation and Community.

The Agentic SOC Stops AI-Accelerated Adversaries

Today's AI-enabled adversary moves across domains in seconds, exploiting stolen identities and fragmented tools that leave analysts stuck in swivel-chair alert triage. Legacy security models can not keep pace. CrowdStrike is leading the evolution of security operations. The company’s single-sensor, unified platform architecture delivers the foundation for the agentic SOC, elevating analysts from alert chasers to orchestrators of intelligent agents that stop breaches with machine speed and precision across the enterprise.

In CrowdStrike’s vendor profile in the report, Forrester states "Its AI agents are a clear differentiator, as they enhance the analyst experience. The product has built a strong approach to testing and validation to ensure its AI outputs are accurate."

Recent acquisitions including SGNL for risk-aware, continuous identity security and Seraphic for browser runtime security extend the platform's reach and unified security model across every surface where work happens and risk lives. The Forrester report noted that "customers speak highly of CrowdStrike's acquisition strategy and ability to integrate acquisitions into a true platform."

Securing AI Where It Executes

Enterprise AI adoption is creating the largest security demand driver since the move to the cloud, and AI executes on the endpoint. Forrester recognized how CrowdStrike's "strongest features come from its native detection surface coverage, especially on the endpoint."

As the pioneer of EDR, CrowdStrike is establishing AI Detection and Response (AIDR) as the defining security category of the AI era. CrowdStrike’s AIDR business has gone from zero to 250 percent sequential ARR growth in under two quarters – securing AI across every surface that it operates: data, models, prompts, agents, identities, infrastructure, and the interaction layer where they converge.

"AI has changed how adversaries operate. CrowdStrike has changed how defenders respond,” said Elia Zaitsev, chief technology officer, CrowdStrike. “CrowdStrike committed to one sensor, one console, one platform from day one, and that architectural advantage is why we can deliver the agentic SOC today and own AIDR, the defining security category of tomorrow. For us, Forrester's recognition reflects what that foundation makes possible."

To learn more about CrowdStrike’s recognition in The Forrester Wave™: Extended Detection and Response Platforms, Q2 2026 report, visit here.

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. This report is part of a broader collection of Forrester resources, including interactive models, frameworks, tools, data, and access to analyst guidance. For more information, read about Forrester’s objectivity here.

About CrowdStrike

CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/

Follow us: Blog | X | LinkedIn | Instagram

Start a free trial today: https://www.crowdstrike.com/trial

© 2026 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.

1 Forrester WaveTM: Extended Detection and Response Platforms, Q2 2026

View source version on businesswire.com: https://www.businesswire.com/news/home/20260616361182/en/
2026-06-17 07:55 1mo ago
2026-06-17 03:00 1mo ago
Magnite and Viasat Aviation Partner to Bring Programmatic Advertising to In-Flight Screens
MGNI Magnite
FMP Stock News
Original source text
Integration with Viasat Ads unlocks premium in-flight advertising inventory through automated, data-driven buying June 17, 2026 03:00 ET  | Source: Magnite, Inc.

LONDON, June 17, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a partnership with Viasat Aviation, the in-flight connectivity leader behind Viasat Ads. This collaboration brings programmatic advertising to in-flight Wi-Fi and entertainment, giving brands and ad buyers scaled access to highly engaged audiences in the sky. Built on Viasat Ads, this collaboration unlocks one of the last major offline environments as premium, addressable inventory.

Viasat powers in-flight connectivity and digital entertainment services across passenger devices and onboard platforms. Its technology is used by over 60 airlines on over 4,000 aircraft worldwide. Viasat Ads delivers premium advertising experiences at scale by offering inventory across multiple airlines, monetising airlines’ in-flight media with dynamic ad targeting by route, destination, and events.

Magnite’s programmatic infrastructure will allow advertisers working with Viasat Ads to seamlessly reach millions of travelers across Viasat’s in-flight ecosystem, including seat-back entertainment screens and personal devices accessed via onboard Wi-Fi with a streamlined user experience, enabling consistent ad formatting, reliable measurement, and premium visibility in a brand-safe and high-attention environment.

“As brands increasingly seek high-quality environments that deliver both scale and attention, in-flight screens and personal devices are emerging as some of the most valuable untapped digital advertising environments,” said Leon Siotis, SVP, Business Development, International, Magnite. “With millions of highly engaged travelers spending extended periods of uninterrupted time in the air, brands now have a unique opportunity to connect with audiences in a premium, immersive setting that few other channels can replicate.”

Ragu Kamakshisundaram, Viasat’s Vice President, Media and Monetization, added: “With this launch of programmatic advertising in the sky, we are bringing in-flight media to the real-time world of ad buying. Instead of long planning cycles to integrate advertisements into airline content management systems, advertisers can now reach the flying traveler instantly. By combining our leading brand-safe in-flight advertising platform with Magnite’s programmatic expertise, we are creating new opportunities for brands and airlines to connect with passengers in the air.”

Press contact
Paige Brewer, Senior Account Executive, Bluestripe Group
[email protected]

About Magnite 
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

About Viasat Ads
Viasat Ads leverages Viasat’s global in-flight connectivity network to deliver premium advertising experiences at scale. With access to over 250 million passengers annually across leading global airlines, Viasat Ads enables brands to reach travelers en route to 400+ destinations. With immersive ad formats, real-time delivery, and route-based targeting, advertisers can connect with a verified, human audience, when passengers are most engaged.
2026-06-17 07:55 1mo ago
2026-06-16 18:45 1mo ago
Marathon Digital Holdings, Inc. (MARA) Registers a Bigger Fall Than the Market: Important Facts to Note
MARA.US Marathon Digital Holdings
FMP Stock News
Original source text
Marathon Digital Holdings, Inc. (MARA - Free Report) closed at $14.42 in the latest trading session, marking a -1.5% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.57%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.

Coming into today, shares of the company had gained 20.2% in the past month. In that same time, the Finance sector gained 4.57%, while the S&P 500 gained 2.14%.

Market participants will be closely following the financial results of Marathon Digital Holdings, Inc. in its upcoming release. The company is predicted to post an EPS of -$0.44, indicating a 45.68% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $203.96 million, reflecting a 14.48% fall from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of -$1.67 per share and a revenue of $822.82 million, demonstrating changes of +54.74% and -9.29%, respectively, from the preceding year.

It is also important to note the recent changes to analyst estimates for Marathon Digital Holdings, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Marathon Digital Holdings, Inc. holds a Zacks Rank of #3 (Hold).

The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 149, placing it within the bottom 39% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2026-06-17 07:55 1mo ago
2026-06-16 14:15 1mo ago
Nio Delivered 37,705 EVs in May and Is Making Its Own Chips Now. Can It Compete With BYD at Scale?
NIO Nio
FMP Stock News
Original source text
Investors in Chinese electric vehicle (EV) maker Nio (NIO 3.65%) have a right to be skeptical of the company. Over the last five years, the stock has lost 87.5% of its value, and it is now trading at less than $6 a share.

That said, the company has aggressively retooled its growth strategy and is now boasting new models, record deliveries, and solid revenue growth.

But is it enough? Can this longtime underperformer finally break out of its slump and challenge rival BYD for dominance?

Image source: The Motley Fool.

Where the market is The Chinese EV market seems to have shifted sharply toward lower-priced cars while still embracing SUVs. So it's no surprise that Nio's latest offering, from its budget sub-brand Onvo, is for a value-priced five-seat SUV.

The Onvo L80, which is currently available only for preorder in China, boasts a starting price of 245,800 renminbi (about $36,000). That price looks very much like a specific attempt to undercut rival Tesla (TSLA 1.55%), whose Model Y five-seat electric SUV has a starting price of 263,500 renminbi (about $38,400) and is still the most popular EV in China.

Onvo's two earlier vehicles include the L90 three-row SUV, released in 2025, and its budget-priced L60 crossover SUV, which debuted in 2024 at a cost of just 149,900 renminbi (about $21,000). The L80 and L90 share most of the same components, which undoubtedly helps the company keep production costs low. The company is also setting up new subsidiaries focused on integrated circuit manufacturing.

The company isn't ignoring the premium market, having debuted its Nio ES9 six-seater premium SUV on May 27. Nio claims it's the largest vehicle of its kind in China, with a range of up to 385 miles. But a new vehicle lineup isn't worth much if those vehicles aren't selling. Luckily for Nio, they are.

Image source: Getty Images.

Nio's sales are skyrocketing Nio announced 37,705 deliveries in May, up 62.3% year over year, a sharp uptick from April's 29,356 vehicle deliveries, which represented year-over-year growth of just 22.8%. That growth comes despite slumping domestic auto sales in China overall.

The new vehicle lineup has powered a return to revenue growth for the automaker. Between Jan. 1, 2020, and Jan. 1, 2023, trailing-12-month sales increased by an impressive 544.1%. But then growth dropped to an anemic 29.4% between Jan. 1, 2023, and June 1, 2025 (about a year ago). Since then, revenue growth has been back in high gear, with first-quarter revenue surging 122% year over year.

But generating revenue has never seemed to be a problem for Nio. Converting that revenue into profits, on the other hand, has been harder. Nio finally managed to eke out a tiny quarterly profit of $17.1 million in Q4 2025 before sliding back into a net loss of $71.8 million in Q1. The good news is that margin compression isn't to blame. In fact, Nio's Q1 margins of 18.8% were a noticeable improvement from 2025's 10.2%.

Today's Change

(

-3.65

%) $

-0.19

Current Price

$

5.01

Of course, any company can have one good quarter. The question now is whether Nio can sustain its higher revenue and stronger margins over the long term despite fierce competition and China's sluggish auto market. Cost-conscious recent moves like standardizing its vehicle base and moving to in-house chipmaking should help. Investors who think it can succeed may want to consider buying shares of Nio at their current rock-bottom price.
2026-06-17 07:54 1mo ago
2026-06-16 09:12 1mo ago
What's Going On With Plug Power Stock Tuesday?
PLUG Plug Power
FMP Stock News
Original source text
Plug Power stock is holding steady today. Where are PLUG shares going? What Is Plug Power’s Latest Liquidity Catalyst?Plug disclosed the sale of a federal investment tax credit worth about $39.2 million tied to its St. Gabriel hydrogen liquefaction facility in Louisiana, aimed at boosting liquidity after another $30 million ITC transfer completed in January 2025 for its Woodbine, Georgia hydrogen project.

The liquidity push is landing as traders revisit the same setup that left shares flat near $2.80 premarket, with the market focused on whether these balance-sheet moves can keep momentum intact after Q1 revenue jumped 23% to $163 million.

PLUG Technical Analysis: Key Levels To WatchWith futures essentially flat, PLUG's pause reads more like "wait-and-see" trading as investors weigh balance-sheet moves against the company's recent revenue momentum, including $194 million in Q4 revenue versus $190 million estimates and a 23% jump to $163 million in Q1.

Technically, the stock is still fighting overhead supply: at $2.80 it's trading 19.5% below its 20-day SMA ($3.48) and 14.3% below its 50-day SMA ($3.27), which can make rebounds choppy until those levels are reclaimed. The longer-term trend looks steadier with shares 3.5% above the 100-day SMA ($2.71) and 9.7% above the 200-day SMA ($2.55).

Momentum is best framed through MACD right now: MACD is below its signal line and the histogram is negative, which suggests upside pressure is cooling unless buyers can push back above that baseline. MACD compares faster and slower trend lines and being below the signal line often means momentum is fading versus the prior upswing.

The moving-average structure still has longer-term positives, including the golden cross that formed in September 2025 (50-day SMA above the 200-day SMA), but the stock remains well below its $4.58 52-week high. That leaves bulls looking for a cleaner reclaim of mid-term averages to argue the next leg higher is developing rather than just a bounce.

Key Resistance: $3.22 — a nearby overhead area that lines up closely with the 50-day moving average zone Key Support: $2.53 — near the 200-day SMA, often treated as a longer-term "line in the sand" How Plug Power Builds Its Green Hydrogen EcosystemPlug Power is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company's plan centers on building and operating green hydrogen highways across North America and Europe.

That strategy is capital-intensive, which is why liquidity actions like monetizing federal investment tax credits can matter to the stock—investors tend to focus on how Plug funds buildouts while trying to scale demand. Plug aims to deliver its hydrogen solutions directly and through joint venture partners into end markets like material handling, e-mobility, power generation, and industrial applications.

PLUG Stock Price Action During Tuesday’s PremarketPLUG Stock Price Activity: Plug Power shares were trading 0.71% lower at $2.78 during premarket session on Tuesday, according to Benzinga Pro data.

Image: Shutterstock

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

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2026-06-17 07:54 1mo ago
2026-06-16 12:16 1mo ago
Robust Electrolyzer Demand Continues to Fuel Plug Power's Growth
PLUG Plug Power
FMP Stock News
Original source text
Key Takeaways PLUG's Q1 2026 revenues rose 22% year over year, driven by electrolyzer sales and hydrogen fuel volumes.Plug Power's electrolyzer revenues surged about 345%, supported by growing GenEco PEM adoption.PLUG added major contracts, including 30 MW in the UK and a 275-MW FEED project in Canada. Plug Power Inc. (PLUG - Free Report) is gaining from strong demand for its electrolyzer product line, which continues to drive revenue growth. In the first quarter of 2026, the company reported revenues of $163.5 million, increasing 22% year over year, driven by robust electrolyzer sales and higher hydrogen fuel volumes. Revenues from the electrolyzer product line surged approximately 345% year over year during the quarter.

The strong performance reflects increasing adoption of Plug Power’s GenEco proton exchange membrane (PEM) electrolyzers across industrial and energy applications. The company currently has more than 320 megawatts (MW) of electrolyzer capacity deployed worldwide and an electrolyzer project pipeline exceeding $8 billion. With expertise in designing, manufacturing and deploying electrolyzer systems, Plug Power remains well-positioned to benefit from growing global demand for renewable fuels, green hydrogen and green ammonia solutions.

Also, the company continues to secure major contracts that strengthen its electrolyzer business. In May 2026, Plug Power won a contract to supply 30 MW of GenEco PEM electrolyzers for an industrial hydrogen production facility in Barrow-in-Furness, Cumbria. The project will utilize six 5-MW GenEco electrolyzers to produce green hydrogen for industrial applications.

Earlier, in April 2026, PLUG secured one of the largest electrolyzer opportunities in its history. The company was awarded the Front-End Engineering Design (FEED) contract by Hy2gen Canada for a 275-MW GenEco PEM electrolyzer system for the "Courant" decarbonized ammonium nitrate project. These contract wins are expected to support Plug Power's growth and strengthen its electrolyzer business in the quarters ahead.

Snapshot of Plug Power’s PeersAmong its major peers, Flux Power Holdings, Inc. (FLUX - Free Report) reported revenues of $6.6 million in the third quarter of fiscal 2026 (ended March 2026). Flux Power’s total revenues decreased 60.5% year over year in the same period, due to a decrease in demand for material handling. However, Flux Power continues to expand its portfolio of lithium-ion energy storage solutions.

In the first quarter of 2026, PLUG’s another peer, Bloom Energy Corporation’s (BE - Free Report) product revenues rose 208% year over year. Bloom Energy’s total revenues surged 130% year over year. The growth was fueled by robust demand for Bloom Energy’s solid oxide fuel cell systems and expanding adoption of hydrogen-capable solutions.

The Zacks Rundown for PLUGShares of Plug Power have surged 156.9% in a year compared with the industry’s growth of 107.9%.

Image Source: Zacks Investment Research

From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 13.24X against the industry average of 39.23X. PLUG carries a Value Score of F.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for PLUG’s bottom line for 2026 has declined in the past 60 days.

Image Source: Zacks Investment Research

The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-17 07:54 1mo ago
2026-06-16 12:21 1mo ago
The Crowd Is Dumping Plug Power. Here's Why I'd Be Buying It Down 40%.
PLUG Plug Power
FMP Stock News
Original source text
Plug Power's (PLUG 3.21%) stock hit a 52-week high of $4.58 per share on Oct. 6, 2025. At the time, investors were impressed by the hydrogen company's accelerating sales growth and narrowing losses, and it looked like a bargain relative to its long-term growth potential.

But since then, Plug Power's stock has declined more than 40% amid fears of interest rate hikes, reduced clean energy subsidies, and the sluggish adoption of hydrogen technologies. However, I believe the pullback represents a good buying opportunity for bold investors.

Image source: Getty Images.

Why is Plug Power growing again? Plug Power sells hydrogen fuel cells, charging systems, electrolyzers, and storage systems. Amazon and Walmart, the company's two largest customers, both use those fuel cells in their hydrogen-powered forklifts.

Plug Power's number of deployed fuel cell systems rose from approximately 50,000 at the end of 2021 to more than 74,000 at the end of 2025. Most of that expansion occurred in 2022 and 2023, and it was amplified by its acquisitions of two cryogenic storage companies.

Metric

2022

2023

2024

2025

Revenue

$701 million

$891 million

$629 million

$710 million

Growth (YOY)

40%

27%

(29%)

13%

Operating Margin

(97%)

(151%)

(321%)

(207%)

Net Income (Loss)

($724 million)

($1.37 billion)

($2.10 billion)

($1.69 billion)

Data source: Plug Power. YOY = Year-over-year.

In 2024, Plug Power's growth stalled out as the macro headwinds drove many companies to suspend their expensive hydrogen charging projects. But in 2025, its revenue rose again as interest rates declined and it ramped up its production of green hydrogen.

Today's Change

(

-3.21

%) $

-0.09

Current Price

$

2.71

For 2026, analysts expect Plug's revenue to rise 15% to $813 million with a narrower net loss of $492 million. Its top-line growth should be driven by its recent 275 MW electrolyzer contract for Hy2gen's Courant green hydrogen project in Quebec, the U.S. Department of Energy's construction of six new green hydrogen facilities, the execution of its binding tax incentive agreement in Uzbekistan, and the broader market's growing interest in hydrogen power.

Plug Power will also ramp up first-party hydrogen production at its plants in Georgia, Tennessee, and Louisiana to reduce its dependence on expensive third-party fuel. It expects that transition, along with the other cost-cutting measures of its "Project Quantum Leap" plan, to drive its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) into positive territory for the first time by the fourth quarter of 2026.

Why is Plug Power's stock still reasonably valued?
By 2028, analysts expect Plug's revenue to reach $1.16 billion (an 18% CAGR from 2025) with its first full-year positive adjusted EBITDA of $39 million. The AI data center, industrial, transportation, and power generation markets should drive that growth.

According to Grand View Research, the green hydrogen market could expand at a 30.2% CAGR from 2026 to 2033. As the largest "pure play" hydrogen power company in the U.S., Plug is well-positioned to capitalize on the market's secular expansion.

With a market cap of $3.9 billion, Plug Power trades at 4.8 times its 2025 sales and 3.4 times its 2028 sales. Those price-to-sales ratios look reasonable relative to its growth potential, but its liquidity concerns and reliance on government subsidies are compressing its valuations.

Plug still had $802 million in cash, cash equivalents, and restricted cash at the end of the first quarter of 2026. Still, total liabilities were $1.59 billion, giving it a debt-to-equity ratio of 2.1. It's also more than doubled its share count over the past three years.

That pressure will continue until economies of scale kick in. However, Plug could be revalued as a growth stock once more investors recognize its role in powering the power-hungry cloud and AI markets with green energy. It will remain volatile in this choppy market, but it could generate multibagger gains over the next few years if it merely matches analysts' expectations.
2026-06-17 07:54 1mo ago
2026-06-16 18:45 1mo ago
Why Plug Power (PLUG) Dipped More Than Broader Market Today
PLUG Plug Power
FMP Stock News
Original source text
Plug Power (PLUG - Free Report) ended the recent trading session at $2.71, demonstrating a -3.21% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.57%. At the same time, the Dow added 0.64%, and the tech-heavy Nasdaq lost 1.15%.

Shares of the alternative energy company witnessed a loss of 18.84% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.85%, and the S&P 500's gain of 2.14%.

Investors will be eagerly watching for the performance of Plug Power in its upcoming earnings disclosure. The company is expected to report EPS of -$0.08, up 50% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $173.03 million, indicating a 0.54% decline compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.32 per share and revenue of $811.37 million. These totals would mark changes of +77.46% and +14.29%, respectively, from last year.

Investors should also note any recent changes to analyst estimates for Plug Power. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Plug Power possesses a Zacks Rank of #2 (Buy).

The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 61, positioning it in the top 25% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2026-06-17 07:54 1mo ago
2026-06-16 10:01 1mo ago
Investors Heavily Search Coupang, Inc. (CPNG): Here is What You Need to Know
CPNG Coupang
FMP Stock News
Original source text
Coupang, Inc. (CPNG - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this company have returned +9.1%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Internet - Commerce industry, which Coupang falls in, has lost 6.3%. The key question now is: What could be the stock's future direction?

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

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

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

Coupang is expected to post a loss of $0.14 per share for the current quarter, representing a year-over-year change of -800%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of -$0.17 points to a change of -241.7% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $0.4 indicates a change of +336.8% from what Coupang is expected to report a year ago. Over the past month, the estimate has remained unchanged.

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

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

12 Month EPS

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

For Coupang, the consensus sales estimate for the current quarter of $8.93 billion indicates a year-over-year change of +4.8%. For the current and next fiscal years, $37.75 billion and $42.7 billion estimates indicate +9.3% and +13.1% changes, respectively.

Last Reported Results and Surprise HistoryCoupang reported revenues of $8.5 billion in the last reported quarter, representing a year-over-year change of +7.5%. EPS of -$0.15 for the same period compares with $0.06 a year ago.

Compared to the Zacks Consensus Estimate of $8.57 billion, the reported revenues represent a surprise of -0.72%. The EPS surprise was +74.58%.

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

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

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

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Coupang is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Coupang. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-17 07:54 1mo ago
2026-06-16 07:30 1mo ago
ALL EYES ON SENATE: Trump's top priority faces MAJOR test
ALL Allstate
FMP Stock News
Original source text
Rep. Chip Roy, R-Texas, joins 'Mornings with Maria' to discuss President Donald Trump's push to tie the SAVE Act to FISA renewal and the Senate's struggle to advance key legislative priorities.
2026-06-17 07:54 1mo ago
2026-06-16 07:15 1mo ago
Designer Brands Q1 Earnings Call Signals Margin-Led Momentum
DBI Designer Brands
FMP Stock News
Original source text
Key Takeaways DBI topped adjusted EPS estimates as gross margin rose 240 bps and adjusted operating income improved.Designer Brands saw retail stabilize while Brand Portfolio sales climbed 19.4% on key brand gains.DBI kept sales and EPS guidance but said 2026 earnings are trending toward the high end of its range. Designer Brands Inc. (DBI - Free Report) used its first-quarter 2026 call to press a forward message centered less on sales acceleration than on stronger margin structure, cleaner inventory and improving earnings power. Adjusted earnings topped the Zacks Consensus Estimate, while management pointed to a steadier start to the second quarter.

The key investor takeaway was that leadership now sees full-year 2026 earnings trending toward the high end of its prior range, even as tariffs and macro conditions remain active watchpoints.

Designer Brands Leans on Margin DisciplineChief executive officer Doug Howe said the quarter reflected structural changes across inventory management, pricing discipline, sourcing and channel profitability rather than a one-time mix benefit. Howe framed the profit improvement as evidence that the company’s reset over the last several quarters is taking hold.

Adjusted earnings per share came in at 7 cents, ahead of the Zacks Consensus Estimate of 2 cents, a 250% surprise. Revenues rose to $696.4 million from $686.9 million and edged past the $695 million consensus by 0.2%.

Gross margin expanded 240 basis points to 45.3%, while adjusted operating income reached $19.4 million versus an adjusted operating loss of $1.1 million a year earlier. That margin-led setup was the clearest feature of the quarter.

DBI Finds Stability in Retail TrendsHowe described the Retail segment as stabilizing, with segment sales roughly flat and comparable sales down 1.2%. He said unfavorable weather, especially in Canada, pressured seasonal categories, but traffic improved and regular-price selling remained solid.

In the United States, management said DSW held footwear market share, citing Circana data. The company also called out strength in dress, affordable luxury and accessories, while sandals, casual and athletic categories were softer.

Howe tied those trends to a more targeted merchandising strategy. He said Designer Brands is focusing on the categories that matter most to customers while also planning store openings and remodels to support a more elevated in-store experience.

Designer Brands Gets Lift From Brand PortfolioThe Brand Portfolio segment again supplied the clearest growth engine. Segment sales increased 19.4%, with management highlighting Topo Athletic, Jessica Simpson and Keds as major contributors.

Howe said Topo grew 32%, Jessica Simpson rose 35% and Keds also advanced 35%. He emphasized expanded distribution, new product introductions and sharper inventory as drivers across the portfolio.

That translated into sharper profitability. Brand Portfolio operating income improved by $13.5 million year over year to $15.4 million, reinforcing management’s view that the segment can raise both growth and flexibility across the broader business.

DBI Keeps Guidance but Shifts Tone HigherChief financial officer Sheamus Toal said full-year sales expectations remain unchanged at down 1% to up 1%, with earnings per share still guided to 28 cents to 38 cents. What changed was management’s tone, with earnings now expected to trend toward the high end of that range.

For the second quarter, Toal said total sales should be flat to slightly up as weather normalizes. He added that results improved sequentially through May after a weak start tied to seasonal demand disruption.

Management kept a cautious stance on tariffs. Toal said guidance excludes potential tariff impacts and assumes that any refunds could be offset by new Section 301 exposure, especially with national brand partners facing their own cost pressures.

Designer Brands Adds Clarity in Q&AA UBS analyst pressed management on how second-quarter trends break between retail and brands, and on the remaining runway for gross margin gains. Howe responded that retail should be flat to slightly positive, while the brand business should post another strong increase.

On margin, Howe said roughly 65% of the retail improvement came from lower markdowns and 35% from improved initial markups. He also pointed to tighter promotions, digital shipping threshold changes and better inventory control.

Toal added that margin gains should continue in the first half, but comparisons get harder later in the year. He also told UBS to expect a full-year tax rate in the low 40s and share count near 58 million.

DBI Leaves Investors With a Tighter StoryThe tone exiting the call was more disciplined than promotional. Howe repeatedly returned to profitable growth, sharper execution and a stronger business foundation rather than calling for a broad demand rebound.

Inventory ended the quarter down 6% year over year, cash rose to $50.1 million and debt fell to $475.3 million from $522.9 million. Those balance-sheet details supported management’s case that the model is getting cleaner as 2026 unfolds.

Zacks Signals Point to Favorable SetupDBI carries a Zacks Rank #2 (Buy), which signals favorable earnings estimate revision trends over the near term. The stock also has Value, Momentum and VGM Scores of A, with a Growth Score of B, a combination that Zacks views as supportive when paired with a top-tier rank. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Under the Zacks framework, A and B Style Scores indicate stronger expected performance characteristics and a VGM Score of A points to an attractive blend of value, growth and momentum factors. Even so, the Zacks Rank can change as analysts update estimates after the just-reported results.
2026-06-17 07:54 1mo ago
2026-06-16 08:45 1mo ago
Top 3 Industrials Stocks That May Keep You Up At Night This Month
GEO GEO Group
FMP Stock News
Original source text
As of June 16, 2026, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Here's the latest list of major overbought players in this sector.

Corecivic Inc (NYSE:CXW)Hurco Companies Inc (NASDAQ:HURC)Geo Group Inc (NYSE:GEO)Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

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

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2026-06-17 07:54 1mo ago
2026-06-16 18:45 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Biogen Inc. - BIIB
BIIB Biogen
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Biogen Inc. (“Biogen” or the “Company”) (NASDAQ: BIIB). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

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

[Click here for information about joining the class action]

On May 14, 2026, Biogen issued a press release announcing “topline results from the Phase 2 CELIA study evaluating diranersen (BIIB080), an investigational antisense oligonucleotide (ASO) therapy targeting tau, in individuals with early Alzheimer’s disease.” Although Biogen described the results as “compelling,” the study missed its primary dose-response endpoint. 

On this news, Biogen’s stock price fell $13.16 per share, or 6.43%, to close at $191.37 per share on May 14, 2026.

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

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-17 07:53 1mo ago
2026-06-16 20:14 1mo ago
Is It Too Late to Buy Root Inc (ROOT) After 4.2% Rally? GF Value Says Undervalued
ROOT Root
FMP Stock News
Original source text
On June 16, 2026, Root Inc ROOT shares rose 4.2% today, with the stock currently priced at $57.17. Over the past year, ROOT has experienced significant volatility, with a 52-week high of $143.04 and a low of $40.91.

GF Value™ verdict: Current price is $57.17, which is 35.4% below the GF Value™ estimate of $88.48. GF Score™: 73/100, indicating an above-average stock. Most notable signal: Insiders sold $0.8M in the last 3 months, with no buying activity. Is ROOT Overvalued or Undervalued? The current price of Root Inc ROOT at $57.17 is significantly lower than the GF Value™ estimate of $88.48, suggesting that the stock is undervalued by approximately 35.4%. This margin of safety indicates a potential opportunity for investors, as the GF Valuation label categorizes ROOT as significantly undervalued. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

While the undervaluation presents an opportunity, it is essential to consider potential risks associated with the stock. The YTD performance is down 20.9%, and the 1-year performance shows a steep decline of 60.7%. These figures may indicate underlying issues that could affect future performance, stressing the importance of due diligence.

How Does ROOT's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 17.1x 24.7x Forward P/E 22.1x N/A Currently, ROOT's P/E (TTM) of 17.1x is significantly below its 5-year median P/E of 24.7x, indicating that the stock is trading at a lower valuation compared to its historical performance. The forward P/E of 22.1x suggests expectations of improvement in earnings, yet the current P/E analysis aligns with the GF Value™ verdict, reinforcing the notion that ROOT is undervalued.

What Does ROOT's GF Score™ Tell Us? Metric Rating GF Score™ 73/100 Financial Strength 6/10 Profitability 4/10 Growth 8/10 Valuation 4/10 Momentum 5/10 The GF Score™ of 73/100 suggests that Root Inc ROOT has a favorable overall rating, with notable strengths in growth (8/10) and financial strength (6/10). However, the stock exhibits weaknesses in profitability (4/10) and valuation (4/10). This combination indicates potential for growth, but also highlights some concerns regarding its profitability and current valuation metrics.

What Are Insiders Doing with ROOT Stock? In the last three months, insiders have sold $0.8 million worth of ROOT stock, with no reported buying activity. This pattern of selling could indicate a lack of confidence among insiders regarding the stock's short-term prospects. The absence of insider buying further emphasizes caution, as it suggests that those with inside knowledge of the company are not currently optimistic about the stock's performance.

What This Means for Investors Based on the current analysis, Root Inc ROOT is considered undervalued according to the GF Value™ estimate. However, potential investors should take into account the recent insider selling and the stock's performance trends before making any decisions.

For the complete analysis, visit the Root Inc ROOT stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is ROOT's GF Score™?

ROOT has a GF Score™ of 73/100, indicating it is an above-average stock with potential for higher long-term returns based on key factors.

Is ROOT overvalued or undervalued?

ROOT is undervalued, with a current price of $57.17 compared to a GF Value™ estimate of $88.48, suggesting a significant upside potential.

What is ROOT's P/E ratio?

ROOT has a P/E (TTM) ratio of 17.1x, which is 31% below its 5-year median P/E of 24.7x, further supporting the conclusion that the stock is undervalued.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
2026-06-17 07:53 1mo ago
2026-06-16 10:01 1mo ago
Investors Heavily Search Affirm Holdings, Inc. (AFRM): Here is What You Need to Know
AFRM Affirm
FMP Stock News
Original source text
Affirm Holdings (AFRM - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Shares of this operator of digital commerce platform have returned +11.6% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Internet - Software industry, to which Affirm Holdings belongs, has gained 2.7% over this period. Now the key question is: Where could the stock be headed in the near term?

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

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

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

For the current quarter, Affirm Holdings is expected to post earnings of $0.36 per share, indicating a change of +80% from the year-ago quarter. The Zacks Consensus Estimate has changed +9.2% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $1.25 points to a change of +733.3% from the prior year. Over the last 30 days, this estimate has changed +4.7%.

For the next fiscal year, the consensus earnings estimate of $1.69 indicates a change of +35.6% from what Affirm Holdings is expected to report a year ago. Over the past month, the estimate has remained unchanged.

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

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

12 Month EPS

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

In the case of Affirm Holdings, the consensus sales estimate of $1.1 billion for the current quarter points to a year-over-year change of +26%. The $4.21 billion and $5.33 billion estimates for the current and next fiscal years indicate changes of +30.6% and +26.5%, respectively.

Last Reported Results and Surprise HistoryAffirm Holdings reported revenues of $1.04 billion in the last reported quarter, representing a year-over-year change of +32.6%. EPS of $0.3 for the same period compares with $0.01 a year ago.

Compared to the Zacks Consensus Estimate of $997.92 million, the reported revenues represent a surprise of +4.09%. The EPS surprise was +76.47%.

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

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

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

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

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

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Affirm Holdings. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-17 07:53 1mo ago
2026-06-16 10:36 1mo ago
Affirm Holdings (AFRM) Recently Broke Out Above the 20-Day Moving Average
AFRM Affirm
FMP Stock News
Original source text
Affirm Holdings (AFRM - Free Report) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AFRM broke through the 20-day moving average, which suggests a short-term bullish trend.

The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.

The 20-day moving average can show signals that are similar to other SMAs as well. If a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.

Over the past four weeks, AFRM has gained 11.6%. The company is currently ranked a Zacks Rank #3 (Hold), another strong indication the stock could move even higher.

The bullish case only gets stronger once investors take into account AFRM's positive earnings estimate revisions. There have been 10 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.

Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on AFRM for more gains in the near future.
2026-06-17 07:52 1mo ago
2026-06-16 08:00 1mo ago
JLens Urges Cloudflare Shareholders to Vote WITHHOLD on the Election of Two Directors at the Annual Meeting on June 30, 2026
NETUSA CloudFlare
FMP Stock News
Original source text
-

Cites Board's Apparent Failure to Address Risks Stemming from Cloudflare's Services Being Used by Websites that Spread Graphic Violence, Extremism, and Foreign Terrorist Content

NEW YORK--(BUSINESS WIRE)--JLens, a Registered Investment Advisor that empowers investors to align their capital with Jewish values, today urged shareholders of Cloudflare, Inc. (NYSE: NET) (“Cloudflare” or “the Company”) to vote WITHHOLD on the election of two members of the Board of Directors at the Company’s annual meeting, which is scheduled for June 30, 2026.

JLens is recommending that shareholders vote WITHHOLD on the election of Directors Michelle Zatlyn, Cloudflare’s Co-Founder, President and Co-Chair of the Board, and Scott Sandell, the Company’s Lead Independent Director, who have served on the Board since 2009 and 2010, respectively. JLens is urging shareholders to vote WITHHOLD to send a message to the Board that the status quo regarding its extremist content moderation is unacceptable.

In a proxy memorandum published on June 10, 2026, JLens cites multiple oversight deficiencies by the Company’s Board of Directors, noting that the Board has, “failed to provide sufficient oversight of critical risks arising from Cloudflare’s facilitation of websites with content associated with violent extremism, terrorism and real-world harm.”

ADL Report Documents Cloudflare's Services to Extremist and Terrorist Websites

A recent report published by ADL (the Anti-Defamation League), Keeping the Lights On: How Cloudflare Sustains Violent Extremism, Graphic Violence and Terrorism Online, extensively documents Cloudflare’s record of providing critical web services to high-threat sites that peddle violent extremism and terrorism, raising disturbing questions about the effectiveness of the Company’s content policies and their proper enforcement. More specifically, the ADL report found that Cloudflare currently serves as an infrastructure provider to:

Gore forums like WatchPeopleDie, whose users have been tied to at least six violent attacks worldwide that have killed 12 people and injured scores more in just over two years (see “From Gore to Hate: How “WatchPeopleDie” Serves as a Gateway to Extremism” article for additional background) Sites dedicated to violent extremism and white supremacist accelerationism that venerate mass killers and collectively reach thousands of people Propaganda outlets for ISIS, a U.S.-designated foreign terrorist organization that has killed thousands in global terror attacks Across these disparate platforms, antisemitic rhetoric is a recurring theme according to the ADL report, ranging from the tropes and memes of extremist subcultures to explicit calls for violence against Jews found in terrorist propaganda. Cloudflare allows these spaces to maintain their online presence through a broad suite of services, including its widely used Content Delivery Network (CDN), which speeds up website load times by routing visitor traffic to the closest global caching server.

“Cloudflare is actively sustaining the digital infrastructure of gore forums linked to deadly attacks, sites that glorify mass killers, and ISIS propaganda networks,” said Ari Hoffnung, Managing Director of JLens. “While industry peers take action to prohibit content that incites violence and terrorism, Cloudflare hides behind the fiction of neutrality, calling itself a ‘pass-through’ utility to avoid accountability for the hate it keeps online. We’re calling on Cloudflare to implement proactive moderation, because the threats enabled by its platforms are not hypothetical. They are lethal, and we believe they expose the Company and its shareholders to unnecessary risk.”

JLens Opposes Board Nominees for the First Time

While JLens has frequently taken positions opposing proxy proposals that are inconsistent with Jewish values, this is the first time it is urging shareholders to vote against corporate Board members.

Mr. Hoffnung noted, “Due to the severity of this issue, we are taking the exceptional step of urging our fellow shareholders to vote WITHHOLD on two key Board members. Despite the Company’s co-founders controlling a majority of the voting power and, thereby, the election of directors, we believe it is essential that independent shareholders send a clear message to Cloudflare’s Board and senior leadership against dangerous content.”

Industry Peers Prohibit Content That Cloudflare Permits

JLens noted that Cloudflare’s unwillingness to establish clear, proactive boundaries contrasts with competitors that impose more robust guardrails against extremism and terrorism. Some of Cloudflare's competitors, for example, prohibit customers from using their services to “threaten, incite, promote, or actively encourage violence, terrorism, or other serious harm.”

In order to demonstrate its commitment to the standards exhibited by its peers, JLens is calling on the Board to adopt the following five reforms, which are already common among infrastructure peers and increasingly expected by regulators in the United States, the European Union, and the United Kingdom:

Adopt and enforce an acceptable-use policy prohibiting use of service for websites and/or content dedicated to graphic violence, violent extremism, and terrorism, consistent with Amazon Web Services and other peers; Commission and disclose an independent review of sanctions-screening controls; Expand transparency reporting to include all abuse reports for "pass-through" services; Establish a standing Board-level review of high-threat-customer exposure; and Disclose how trust-and-safety, sanctions-compliance, and abuse-response functions will be resourced after the May 2026 workforce reduction, with continued Board-level oversight under the Company’s stated shift to an “agentic AI-first operating model.” Mr. Hoffnung added, "We believe the Cloudflare Board's inaction on this issue puts shareholder value at risk. We are asking the Board to adopt the governance reforms that peers already have in place: an acceptable-use policy prohibiting service to websites dedicated to graphic violence, violent extremism or terrorism, independent review of sanctions controls, expanded transparency reporting, and standing Board-level oversight of high-threat-customer exposure."

About JLens

Founded in 2012, JLens is a 501(c)(3) nonprofit and Registered Investment Advisor that empowers investors to align their capital with Jewish values and advocates for Jewish communal priorities in the corporate arena. The JLens Jewish Investor Network brings together over 40 Jewish institutions holding $15 billion in communal assets. JLens serves as sub-adviser to the JLens 500 Jewish Advocacy U.S. ETF (NYSE: TOV) and has data licensing agreements with select advisers for use in separately managed accounts (SMAs). Over $400 million is invested across the ETF and SMAs (as of 3/31/2026). In 2022, JLens established an affiliation with ADL (the Anti-Defamation League), the leading anti-hate organization in the world. More at www.jlensnetwork.org.

PLEASE NOTE: THIS IS NOT A PROXY SOLICITATION AND NO PROXY CARDS WILL BE ACCEPTED. JLens is not asking for your proxy card and cannot accept your proxy card. Please DO NOT send us your proxy card.

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2026-06-17 07:52 1mo ago
2026-06-16 09:05 1mo ago
Spur Enhances Monocle Session Enrichment with No-Code Cloudflare Integration to Accelerate Inline Traffic Enforcement
NETUSA CloudFlare
FMP Stock News
Original source text
LAKE MARY, Fla., June 16, 2026 (GLOBE NEWSWIRE) -- Spur Intelligence today announced new capabilities within Monocle Session Enrichment, enabling organizations of all sizes and maturity levels to gain new user session insights and accelerate their defensive efforts against growing anonymization threats.

As attackers increasingly rely on VPNs, residential proxies, mobile proxies, and other forms of traffic obfuscation, organizations need clearer ways to understand who is truly interacting with their applications and services. Recent Spur research found that only 30% of organizations fully understand the risks posed by anonymized IP activity, highlighting a significant visibility gap. The latest Monocle enhancements enable customers to move from visibility to action faster, adding granular service attribution and behavioral indicators that improve rules for smarter edge enforcement.

“Organizations know anonymized traffic is a growing challenge, but many still struggle to operationalize that intelligence,” said Alastair Parr, CTO of Spur. “These updates ensure that customers can implement inline enforcement in minutes, gain deeper visibility into user behavior, and quickly translate those insights into policy decisions that reduce risk.”

New Monocle Capabilities Help Teams Move From Visibility to Enforcement Faster

Designed to help organizations get more value from session enrichment, these enhancements make deployment faster, improve operational visibility, and provide greater control over how traffic intelligence is used across security, fraud, and trust workflows.

New capabilities include the following:

No-Code Cloudflare Integration Enables Inline Traffic Enforcement
Monocle now integrates directly with Cloudflare through a no-code deployment process that requires no engineering resources. Organizations can deploy Monocle inline with application traffic, configure where assessments are applied, and use policy decisions to allow or block requests in real time. A new monitor-only option also enables teams to evaluate traffic and refine policies before implementing enforcement actions. The Spur-Cloudflare integration makes inline traffic enforcement accessible without complex implementation, delivering value and a quick return on investment.

Advanced Analytics Improves Visibility Into User Sessions and Trends
New analytics capabilities deliver deeper visibility into user sessions, traffic composition, anonymous traffic types, policy decisions, geographic trends, and behavioral patterns. The centralized Explorer experience helps teams investigate activity, validate policies, and better interpret behavior and understand the impact of session enrichment across their environments.

Policy Builder Enables Granular Traffic Enforcement
New policy block strategies and configuration options enable organizations to auto-configure or customize traffic rules, including by traffic type, geography, or service. With this enhancement, security and fraud teams gain greater control over user sessions.

Streamlined Onboarding Ensures Faster Time to Value
A new guided onboarding workflow accelerates implementation with step-by-step setup instructions and documentation tailored to each deployment. Starting from the Platform home page, customers can activate Monocle faster, reduce onboarding friction, and begin generating actionable traffic insights sooner.

Helping Organizations Stay Ahead of Evolving Threats

As anonymization infrastructure becomes more accessible and attackers continue to find new ways to conceal their activity, organizations need solutions that are both powerful and practical to deploy.

With these latest enhancements, Spur makes session enrichment more accessible by eliminating implementation barriers, simplifying operational workflows, and delivering deeper insight into user behavior. The result is a faster path from traffic visibility to confident decision-making.

To learn more about Monocle and experience session enrichment firsthand, sign up for a free account at Spur Intelligence or visit the blog.

About Spur Intelligence

Spur delivers the highest-fidelity IP intelligence available to detect anonymized, proxied, or otherwise obscured internet traffic, empowering you to stop fraud, fake users, and threats. Designed by expert security researchers and engineers, Spur elevated VPN attribution, bot detection, and residential proxy tracking to protect the most mission-critical government and commercial systems in the world.

Media Contact:
Jennifer Tanner
Look Left Marketing
[email protected]

Frequently Asked Questions

What is session enrichment?

Session enrichment is the process of adding contextual intelligence to user sessions, helping organizations better understand who is interacting with their applications and services. By enriching sessions with infrastructure and IP intelligence, organizations can identify anonymized traffic, detect suspicious behavior, and make more informed security, fraud, and trust decisions.

Why is visibility into anonymized traffic important?

Attackers increasingly use anonymization services to conceal their identity, bypass controls, and blend in with legitimate users. Without visibility into these traffic sources, organizations may struggle to detect fraud, account abuse, bot activity, credential attacks, and other threats. Session enrichment provides the context needed to better understand user behavior and respond with greater confidence.

How does Monocle Session Enrichment help identify anonymized traffic?

Monocle analyzes user sessions using Spur’s IP intelligence to identify traffic originating from VPNs, residential proxies, mobile proxies, hosting providers, and other forms of traffic obfuscation. This additional context helps organizations distinguish legitimate users from potentially risky or deceptive activity.

How does the Monocle Cloudflare integration work?

The Monocle Cloudflare integration enables organizations to deploy session enrichment inline with application traffic through a no-code setup process. Once configured, Monocle can assess requests in real time and support policy-based decisions to allow, monitor, or block traffic based on customer-defined criteria.

What are the benefits of combining Cloudflare with IP intelligence?

Cloudflare helps organizations protect and manage internet-facing applications, while IP intelligence provides critical context about the source and characteristics of incoming traffic. By combining Cloudflare with Spur’s IP intelligence through Monocle Session Enrichment, organizations can gain deeper visibility into anonymized and high-risk traffic and apply policy decisions in real time. This enables security, fraud, and trust teams to more effectively detect suspicious activity, reduce abuse, and improve decision-making without adding operational complexity.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/986b50cf-1bf6-4fad-ae9d-fcabf51490c9

Spur Enhances Monocle Session Enrichment with No-Code Cloudflare Integration to Accelerate Inline Tr... The latest Monocle enhancements enable customers to move from visibility to action faster, adding gr...
2026-06-17 07:52 1mo ago
2026-06-16 10:01 1mo ago
Investors Heavily Search Cloudflare, Inc. (NET): Here is What You Need to Know
NETUSA CloudFlare
FMP Stock News
Original source text
Cloudflare (NET - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this web security and content delivery company have returned +16.8%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Internet - Software industry, which Cloudflare falls in, has gained 2.7%. The key question now is: What could be the stock's future direction?

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

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

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

Cloudflare is expected to post earnings of $0.27 per share for the current quarter, representing a year-over-year change of +28.6%. Over the last 30 days, the Zacks Consensus Estimate has changed +37.1%.

The consensus earnings estimate of $1.2 for the current fiscal year indicates a year-over-year change of +29%. This estimate has changed +375% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $1.62 indicates a change of +35.3% from what Cloudflare is expected to report a year ago. Over the past month, the estimate has changed +6.6%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Cloudflare is rated Zacks Rank #2 (Buy).

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

12 Month EPS

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

In the case of Cloudflare, the consensus sales estimate of $665.42 million for the current quarter points to a year-over-year change of +29.9%. The $2.81 billion and $3.59 billion estimates for the current and next fiscal years indicate changes of +29.7% and +27.8%, respectively.

Last Reported Results and Surprise HistoryCloudflare reported revenues of $639.76 million in the last reported quarter, representing a year-over-year change of +33.5%. EPS of $0.25 for the same period compares with $0.16 a year ago.

Compared to the Zacks Consensus Estimate of $621.91 million, the reported revenues represent a surprise of +2.87%. The EPS surprise was +8.7%.

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

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

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

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

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

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Cloudflare. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
2026-06-17 07:52 1mo ago
2026-06-16 13:34 1mo ago
CoreWeave Is Up 10% Today: Is It Outperforming Other AI Cloud Stocks Like Cloudflare and Snowflake?
NETUSA CloudFlare
FMP Stock News
Original source text
© metamorworks / Shutterstock.com

Shares of CoreWeave (NASDAQ:CRWV) are up 10% in midday trading on Tuesday, with CoreWeave stock changing hands near $117. The move stands out sharply against the rest of the AI cloud group, which is slightly lower on the session.

For context, Cloudflare (NYSE:NET | NET Price Prediction) stock is down 2%, and Snowflake (NYSE:SNOW) stock is down 1%. So yes, on today’s scoreboard, CoreWeave stock is decisively outperforming its AI cloud peers.

The reason behind CoreWeave stock’s jump is clear: index mechanics. The catalyst evidently comes from a structural index change rather than a fundamental development.

NASDAQ 100 Inclusion Fuels the Bid The catalyst behind today’s surge in CoreWeave stock is the company’s official inclusion in the NASDAQ 100 index. Index inclusion mandates passive buying from funds that track the benchmark, creating forced demand independent of fundamentals.

That mechanical bid is layering on top of what’s already a story stock. CoreWeave reported Q1 2026 revenue of $2.08 billion, up 112% year over year, with a revenue backlog of $99.4 billion that includes a $21 billion Meta Platforms commitment. CEO Michael Intrator called it “the strongest bookings quarter in CoreWeave’s history.”

Reddit chatter around CoreWeave stock has also been steadily bullish, with sentiment scores in the 65 to 72 range across the past week. This reflects retail enthusiasm around the inclusion event.

Cloudflare and Snowflake: No Catalyst, No Bid The divergence is straightforward. Cloudflare and Snowflake have no company-specific news today, and both are drifting modestly lower in a market that’s rotating toward the AI infrastructure pure-play.

Cloudflare’s fundamentals remain solid. The company’s Q1 2026 revenue came in at $639.75 million, up 34% year over year, and CEO Matthew Prince described AI as “the biggest tailwind we’ve ever seen in Cloudflare’s history.” Cloudflare stock is still up 18% year to date.

Snowflake’s last quarterly print was also strong, with Q1 FY2027 revenue of $1.39 billion, up 34% year over year, and a raised FY2027 product revenue guide to $5.84 billion. Snowflake stock is up 9% year to date. Neither name simply has a fresh trigger today.

The Scoreboard Year to Date Stepping back from the single session, CoreWeave stock is up 64% year to date, well ahead of both peers. The pure-play GPU cloud thesis is clearly winning the AI-infrastructure trade in 2026 so far.

That said, a one-day pop driven by index-inclusion mechanics is not the same as a durable thesis shift. CoreWeave is a relatively newly public, volatile name. The same Q1 print that showed triple-digit growth also revealed a net loss of $740 million and capital expenditures of $7.7 billion in a single quarter.

Analyst consensus on CoreWeave stock currently sits at a $140.18 target with 22 buy, 11 hold, and 2 sell ratings. So there’s still room above current levels, but the path will likely be choppy.

What to Watch Next Investors can watch for whether passive flows continue to support CoreWeave stock through the official rebalance window, and whether the gains hold into the close. Index inclusion typically creates a short burst of demand, and the question is what happens once that mechanical bid fades.

For Cloudflare and Snowflake, the next real catalysts are likely to be their respective Q2 prints. Until then, expect both to trade with the broader cloud sector rather than on company-specific news. Investors holding the group can keep their position sizes modest, since AI-infrastructure names like CoreWeave stock can move quickly in either direction.
2026-06-17 07:52 1mo ago
2026-06-16 18:51 1mo ago
Cloudflare (NET) Registers a Bigger Fall Than the Market: Important Facts to Note
NETUSA CloudFlare
FMP Stock News
Original source text
Cloudflare (NET - Free Report) ended the recent trading session at $230.97, demonstrating a -2.01% change from the preceding day's closing price. This change lagged the S&P 500's 0.57% loss on the day. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.

Shares of the web security and content delivery company have appreciated by 16.83% over the course of the past month, outperforming 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 Cloudflare in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.27, reflecting a 28.57% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $665.42 million, reflecting a 29.88% rise from the equivalent quarter last year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.2 per share and a revenue of $2.81 billion, signifying shifts of +29.03% and +29.72%, respectively, from the last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Cloudflare. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending 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.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 375% rise in the Zacks Consensus EPS estimate. Cloudflare is currently sporting a Zacks Rank of #2 (Buy).

With respect to valuation, Cloudflare is currently being traded at a Forward P/E ratio of 196.43. This indicates a premium in contrast to its industry's Forward P/E of 18.65.

Meanwhile, NET's PEG ratio is currently 4.55. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.05.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 93, placing it within the top 39% of over 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.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2026-06-17 07:52 1mo ago
2026-06-16 09:00 1mo ago
Fortinet Launches FortiSOC, a Unified SOC Platform Powered by Agentic AI
FTNT Fortinet
FMP Stock News
Original source text
SUNNYVALE, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the availability of FortiSOC, a unified, cloud-delivered security operations center (SOC) platform. FortiSOC brings together six security operations functions into a single Software-as-a-Service (SaaS) experience and embeds agentic AI to autonomously investigate and correlate alerts across assets and identities, then recommend or execute response actions under analyst oversight. Built on Fortinet’s proven security operations (SecOps) technologies, FortiSOC helps organizations simplify and scale modern operations through one console, one subscription, and one unified operating model.

“Security teams today are being challenged by faster attacks, growing investigation volume, and fragmented operations that simply don’t scale,” said Michael Xie Founder, President, and Chief Technology Officer at Fortinet. “FortiSOC gives organizations a simpler way to operationalize the SOC capabilities they need through a unified, cloud-delivered platform designed to support security teams of all sizes, from teams building foundational capabilities to enterprises scaling advanced SOC environments. With embedded AI, integrated workflows, and built-in best practices informed by Fortinet’s own global security operations center, FortiSOC delivers the power of an AI SOC to help customers eliminate complexity, automate threat detection and response, and stay a step ahead of attackers.”

One Unified Platform for Modern Security Operations
FortiSOC is designed to simplify how organizations operationalize security operations by unifying security information and event management (SIEM); security orchestration, automation, and response (SOAR); threat intelligence; and behavioral and identity threat detection (ITDR) into a single platform. With agentic AI and FortiGuard Labs threat intelligence, FortiSOC extends the SecOps innovations introduced at Fortinet Accelerate 2026 by integrating analytics, investigation, automation, and response workflows into a single cloud-delivered experience for modern environments. FortiSOC enables security teams to move from alert to investigation to response with reduced friction, fewer operational silos, and stronger cross-environment visibility.

Support for Every Stage of the SOC Journey
FortiSOC is designed to support organizations at every stage of SecOps adoption, from resource-constrained teams establishing foundational monitoring capabilities to highly sophisticated and advanced SOC teams requiring deeper automation, broader correlation, and AI-assisted investigation at scale.

Based on proven Fortinet technologies, FortiSOC extends this journey through a cloud-delivered approach that combines advanced cyber defense, essential network operations center (NOC) and IT visibility, and adaptable workflows that can expand with customer needs. Organizations can use it to establish a streamlined entry into SecOps, modernize legacy approaches, or scale large or mature environments without changing direction as requirements evolve.

FortiAI-Assist further differentiates FortiSOC by applying autonomous investigation, AI-generated playbooks, and Model Context Protocol (MCP)-powered agent coordination across alerts, investigations, threat hunting, cases, and response actions. Leveraging enterprise-wide telemetry and threat intelligence, FortiAI-Assist helps coordinate activity across tools, workflows, and teams within the same platform. Security teams can tailor processes, coordinate activity across security and IT systems, involve stakeholders across departments, and extend use cases over time while maintaining the speed, consistency, and control required in modern environments.

Key benefits include:

One platform, total control: Unify SIEM, SOAR, user and entity behavior analytics (UEBA), case management, threat intelligence, ITDR, and AI-driven operations into a single SaaS platform. FortiSOC gives security teams the speed of AI, consistency, and clarity to stay ahead of threats without the overhead of managing multiple tools.One subscription, zero complexity, better ROI: A single console and subscription model helps reduce procurement complexity, streamline day-to-day operations, and improve resource allocation so security teams can focus on the most important objective: stopping threats.Ready on day one, prepared for what comes next: Best-practice content for detection methods, playbooks, and more based on Fortinet’s own global SOC operations are available out-of-the-box. FortiGuard Labs real-time threat intelligence, outbreak alerts, and monthly content updates allow organizations to keep pace with the speed and sophistication of today’s threat actors.Connected by design, ready to scale: Native integrations across the entire Fortinet Security Fabric and thousands of third-party connectors eliminate coverage gaps and help organizations automate detection and response across security, IT, and business systems. MCP support extends this reach to diverse environments, allowing FortiAI-Assist to operate, orchestrate, and coordinate various AI capabilities and tasks throughout FortiSOC, minimizing manual handoffs that slow remediation. Extending the Fortinet SOC Platform
FortiSOC complements and expands the broader Fortinet SOC Platform portfolio of FortiAnalyzer, FortiSIEM, and FortiSOAR by uniting and extending these capabilities for customers who prefer a single cloud-based SOC platform model. These existing best-of-breed solutions will continue to be enhanced and available. Together, these solutions comprise the Fortinet SOC Platform, which delivers flexible pathways and purchase options tailored to meet customer needs today and offering them a smooth pathway for future evolution.

As organizations modernize SecOps, analysts continue to see growing demand for integrated, cloud-delivered SOC platforms that simplify operations and reduce tool sprawl.

“IDC research shows that organizations are increasingly prioritizing analyst workflow and investigation experience as well as cloud-delivered security operations as they work to improve visibility, streamline processes, and accelerate response,” said Michelle Abraham, Senior Research Director, Security and Trust, IDC. “FortiSOC builds on Fortinet’s established security operations portfolio by combining proven technologies into a unified SaaS platform that can support both foundational and advanced SOC use cases.”

Read the blog and listen to the webinar for more detail on how FortiSOC helps streamline SecOps and accelerate detection and response.

Additional Resources

Learn about FortiSOC.Read more about the Fortinet Security Fabric.Learn about the Fortinet Open Ecosystem.Visit fortinet.com/trust to learn about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products.Read about how Fortinet customers are securing their organizations.Learn about Fortinet’s commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies.Follow Fortinet on X, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube. Copyright© 2026 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.
2026-06-17 07:51 1mo ago
2026-06-16 16:05 1mo ago
Devon Energy CEO Clay Gaspar to Participate in a Fireside Chat at the J.P. Morgan Energy, Power, Renewables & Mining Conference
DVN Devon Energy
FMP Stock News
Original source text
June 16, 2026 16:05 ET  | Source: Devon Energy Corporation

HOUSTON, June 16, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced Clay Gaspar, President and CEO will participate in a fireside chat at the J.P. Morgan Energy, Power, Renewables & Mining Conference.

The fireside chat is scheduled for 8:45 a.m. Central time (9:45 a.m. Eastern time) on Tuesday, June 23, 2026 and will be webcast live on Devon’s website at www.devonenergy.com. A replay of the webcast will be available for 30 days following the event.

ABOUT DEVON ENERGY
Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio anchored by our world-class position in the Delaware Basin, as well as high quality assets in the Anadarko Basin, Eagle Ford Shale, Marcellus Shale, Powder River Basin and Williston Basin. Devon’s disciplined capital allocation model is designed to achieve strong returns, generate resilient free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

Investor Contacts
[email protected]
405-228-4450

Media Contact
Michelle Hindmarch, 405-552-7460
2026-06-17 07:51 1mo ago
2026-06-16 10:31 1mo ago
Cameco (CCJ) Is Considered a Good Investment by Brokers: Is That True?
CCJ Cameco
FMP Stock News
Original source text
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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

Cameco currently has an average brokerage recommendation (ABR) of 1.53, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 19 brokerage firms. An ABR of 1.53 approximates between Strong Buy and Buy.

Of the 19 recommendations that derive the current ABR, 12 are Strong Buy and four are Buy. Strong Buy and Buy respectively account for 63.2% and 21.1% of all recommendations.

Brokerage Recommendation Trends for CCJ

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

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

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

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

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

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

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

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

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

Should You Invest in CCJ?Looking at the earnings estimate revisions for Cameco, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.32.

Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Cameco. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Cameco.
2026-06-17 07:51 1mo ago
2026-06-16 13:39 1mo ago
Nuclear Is the Energy Story of 2026. Here Are 3 Stocks to Own All Year.
CCJ Cameco
FMP Stock News
Original source text
After the Fukushima disaster in 2011, the nuclear energy market stalled for about a decade as many governments paused their nuclear expansion plans. But over the past few years, the market has warmed up again, as governments implemented new decarbonization initiatives and the power-hungry cloud, AI, data center, and industrial automation markets expanded.

Those catalysts could boost the world's nuclear capacity by over 50% from 2025 to 2050, according to the International Energy Agency (IEA). Cameco (CCJ +0.80%), BWX Technologies (BWXT +1.54%), and Oklo (OKLO 5.32%) could all profit from that boom.

Image source: Getty Images.

Three different plays on the same secular trend Cameco mined 15% of the world's uranium in 2025, making it the world's second-largest uranium miner after Kazakhstan's Kazatomprom. The Canadian miner operates uranium mines and mills across Canada, the U.S., and Kazakhstan.

Cameco struggled when uranium's spot price plummeted from $62.25 per pound in 2011 to $35.00 in 2020. But with its price reaching $84.18 at the end of May, it's been doing a lot better. It also diversified its business by partnering with Brookfield Asset Management to acquire Westinghouse Electric, one of the biggest nuclear technology companies, in 2023.

Today's Change

(

0.80

%) $

0.86

Current Price

$

107.88

BWX, which was spun off from Babcock & Wilcox in 2025, is the only large-scale producer of specialized nuclear components, fuel systems, and naval reactor systems in North America. It's also one of the few companies authorized to work with regulated nuclear materials, handle high-assay enriched uranium (HALEU) and tri-structural isotropic (TRISO) fuel, and produce naval reactor components for the U.S. Navy. It's even producing modular microreactors for building smaller and easier-to-deploy nuclear reactors in remote regions.

BWX's scale and diversification make it a great "picks and shovels" play on the nuclear market. Its heavy exposure to the naval market also insulates it from the macro headwinds.

Today's Change

(

1.54

%) $

2.99

Current Price

$

196.93

Oklo, which went public through a merger with a special-purpose acquisition company (SPAC) two years ago, is a "pure play" on microreactors. Its Aurora microreactor generates only 1.5 MWe on its own (compared to over 1,000 MWe for conventional nuclear power plants), but it can be chained with other modular microreactors to generate up to 75 MWe.

The Aurora uses metallic uranium fuel pellets, which are denser, have better thermal resistance, and are cheaper to fabricate than the uranium dioxide fuel pellets used in conventional reactors. It also recycles its fuel in a closed loop, allowing it to last about a decade without refueling. Conventional reactors are refueled in stages (to prevent a full shutdown) every two years.

Today's Change

(

-5.32

%) $

-3.23

Current Price

$

57.51

How fast are these companies growing? Cameco is a more cyclical play on rising uranium prices; BWX is a broadly diversified play with greater exposure to military contracts; and Oklo is a speculative, all-in play on microreactors. Cameco and BWX are generating consistent revenues and profits, but Oklo won't generate any meaningful revenue until it brings its first Powerhouse reactors online in Idaho in 2027. Here's how rapidly analysts expect these three companies to grow over the next three years.

Company

2026 Revenue Growth

2027 Revenue Growth

2028 Revenue Growth

Cameco

0%

13%

9%

BWX

18%

10%

10%

Oklo

N/A

338%

968%

Analysts' estimates. Source: Marketscreener.

But these three stocks aren't cheap. Cameco trades at 53 times next year's earnings and 17 times next year's sales. BWX trades at 38 times forward earnings and four times next year's sales. Oklo, which is deeply unprofitable, trades at 211 times its 2028 sales.

However, all three companies could grow into their premium valuations as the world's soaring energy needs fuel a multi-year growth spurt for the nuclear energy market. So as long as the nuclear industry doesn't suffer a Fukushima-level disaster over the next decade, I expect these three stocks to climb higher as more industries pivot back toward nuclear power.
2026-06-17 07:51 1mo ago
2026-06-16 13:15 1mo ago
A Massive Multi-Billion-Dollar Industry Merger Just Rewrote the Entire Bear Case Against McCormick: Why It's the Ultimate Defensive Asset
MKC McCormick & Co
FMP Stock News
Original source text
© Michail Petrov / Shutterstock.com

The bear case on McCormick (NYSE:MKC | MKC Price Prediction) had been a familiar story of input-cost pressure and a sluggish retail backdrop. That story changed when management announced the $44.8 billion merger with Unilever‘s (NYSE:UL) food business, layered on top of the January 75% controlling stake in McCormick de Mexico. For income investors, the question is whether a deal this large threatens the dividend. I think it strengthens it.

Dividend Snapshot Metric Value Annual Dividend $1.92 per share Dividend Yield (at $47.87) ~4.0% Consecutive Annual Increases 40 years Most Recent Increase 7% (November 2025) Aristocrat / King Status Aristocrat (not yet King) Payout Ratios Leave Real Breathing Room McCormick paid $483 million in dividends against FY2025 free cash flow of roughly $740.4 million ($962.2M operating cash flow less $221.8M capex). On EPS of $3.00, the $1.92 dividend takes 64% of profits.

Metric TTM Value Assessment Earnings Payout 64% Healthy FCF Payout 65% Healthy OCF / Dividend Coverage 1.99x Adequate Debt Climbed, but the Balance Sheet Still Stands The McCormick de Mexico close pushed total liabilities to $8.79 billion against $7.56 billion of equity, a debt-to-equity ratio of roughly 1.16. The Unilever Foods transaction will lift net leverage to at or below 4x at close, with management targeting roughly 3x within two years. Elevated for now, but with a clear path down. Flavor demand is inelastic, which is exactly why food represented 7.11% of total PCE in April 2026, almost unchanged across 16 months of data.

40 Years of Increases, and Resilience Through Two Crises The quarterly dividend stepped from $0.42 (2024) to $0.45 (2025) to $0.48 (late 2025). The payout held and grew through both the 2008 crisis and the 2020 pandemic, with no cuts on record.

Management Effectively Pre-Committed to the Payout On the merger call, CFO Marcos Gabriel said the combined company will support “McCormick’s long-standing practice of returning capital to shareholders through dividends” at a payout ratio of “approximately 60%”. CEO Brendan Foley added that “our commitment to returning cash to shareholders through dividends remains unchanged.” The deal targets $600 million in synergies and is accretive in year one across all P&L lines.

Verdict: Safe, With Leverage Worth Watching Dividend Safety Rating: Safe. A 64% earnings payout, 65% FCF payout, 1.99x cash coverage, and a 40-year streak give the $1.92 dividend a real margin of safety, even as the stock sits 33.42% below last year. The income thesis holds together if the company executes its 3x net leverage target on schedule and synergies arrive as guided. The thesis weakens if FCF stays compressed beyond 2027 or if integration costs push the FCF payout above 90%. For now, this Aristocrat keeps its income credentials intact.
2026-06-17 07:51 1mo ago
2026-06-16 22:00 1mo ago
Iranian regime ‘cannot be trusted,' Rep Rich McCormick says
MKC McCormick & Co
FMP Stock News
Original source text
Rep. Rich McCormick, R-Ga., discusses skepticism over a potential Iran deal, arguing the Tehran regime cannot be trusted given its history of aggression, on ‘The Evening Edit.
2026-06-17 07:50 1mo ago
2026-06-16 14:01 1mo ago
T. Rowe Price: Still A Top Pick For My Retirement Portfolio Despite Headwinds
TROW T. Rowe Price
FMP Stock News
Original source text
T. Rowe Price remains a Strong Buy, with a compelling risk-reward profile and a valuation reflecting conservative assumptions despite macro potential improvements. TROW boasts a pristine balance sheet, with zero financial debt, $3.73B in cash, and robust free cash flow, supporting sustainable dividends, aggressive buybacks, and potential M&A activity. Recent AUM growth, strong equity/multi-asset fund performance, and an attractive yield underpin TROW's resilience, even as net retail outflows persist.
2026-06-17 07:50 1mo ago
2026-06-16 09:30 1mo ago
DAT: Spot truckload rates rise in May on capacity pressure across the market
ROP Roper Technologies
FMP Stock News
Original source text
PORTLAND, Ore., June 16, 2026 (GLOBE NEWSWIRE) -- Truckload spot rates moved higher in May even as freight volumes fell, according to DAT Freight & Analytics, provider of the industry’s leading load boards and freight analytics. Several factors disrupted the supply of available trucks, including the CVSA International Roadcheck inspection blitz, Memorial Day weekend, and ongoing immigration enforcement that continues to shrink the available driver pool.

The DAT Truckload Volume Index (TVI), which measures demand for truckload services, fell across all three equipment types compared to April:

Van TVI: 233, down 9% compared to AprilRefrigerated (“reefer”) TVI: 172, down 10%Flatbed TVI: 267, down 14% Spot pricing: Volumes down, rates up

Spot rates increased across all three equipment types in May despite lower freight volumes, reflecting tighter capacity rather than rising demand. Enforcement-driven attrition continues to remove drivers from circulation, and truck-post data from the DAT One marketplace during the week of May 10 reflected carriers pulling equipment to avoid Roadcheck-related delays.

Spot van rate: $2.89 per mile, up 22 cents from AprilSpot reefer rate: $3.35 per mile, up 24 centsSpot flatbed rate: $3.65 per mile, up 19 cents Fuel surcharges remained elevated — van at 73 cents per mile, reefer at 79 cents, flatbed at 87 cents — but linehaul rates drove last month’s pricing increases. The average van linehaul rate was up 20 cents to $2.16 per mile, reefer jumped 22 cents to $2.56, and flatbed was up 17 cents to $2.78.

Spot-contract rate gap narrows

Carriers have also been shifting capacity toward contract freight to take advantage of fuel surcharge programs, which offer more predictable cost recovery than spot transactions. That shift is reducing truck supply on the open market, making the spot market more sensitive to disruptions like Roadcheck and holiday slowdowns.

Reefer spot rates crossed above contract rates in May — $3.35 versus $3.28 per mile — reflecting both the move of capacity toward contract and seasonal pressure on temperature-controlled equipment.

Spot rates were higher across all modes compared to May 2025. The average spot van rate was 90 cents per mile higher, the reefer rate was up 99 cents, and the flatbed rate increased by $1.07 year over year.

Contract rates: Modest gains

Contract rates moved modestly higher in May across all three equipment types.

Contract van rate: $2.92 per mile, up 7 cents month over monthContract reefer rate: $3.28 per mile, up 6 centsContract flatbed rate: $3.77 per mile, up 6 cents Year over year, contract rates were up 54 cents for van freight, 57 cents for reefer, and 70 cents for flatbed.

“Last month’s lower volumes do not mean May was a weak freight market,” said Dean Croke, principal industry analyst at DAT. “The capacity supply has come down to meet demand, and carriers in the spot market are being compensated for it. Add in the migration of capacity toward contract freight for fuel surcharge certainty, and you have a spot market that’s tighter than load volumes alone would suggest.”

About the Truckload Volume Index

The DAT Truckload Volume Index measures monthly changes in loads with a pickup date during that month. A baseline of 100 equals the number of loads moved in January 2015, based on data from DAT RateView, part of the DAT iQ freight analytics platform, which tracks rates paid on actual shipments. Benchmark spot rates reflect invoice data for hauls of 250 miles or more, offering a consistent view of truckload demand and spot rate trends across the United States and Canada.

About DAT Freight & Analytics

DAT Freight & Analytics operates the DAT One truckload freight marketplace; Convoy Platform, an automated freight-matching technology; DAT iQ analytics service; Trucker Tools load-visibility platform; and Outgo factoring and financial services for truckers. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions.

Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 500. Headquartered in Portland, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit dat.com for more information.

Media contact:

Georgia Jablon
DAT Freight & Analytics
904-305-6454; [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/57d409dc-32d3-46a9-88bb-5de44d8f17a0
2026-06-17 07:50 1mo ago
2026-06-16 14:01 1mo ago
EXPD Stock Up 43.4% Y/Y: Can the Momentum Last Throughout 2026?
EXPD Expeditors International
FMP Stock News
Original source text
Key Takeaways EXPD shares rose 43.4% in a year, outperforming the industry's 21.9% growth. Expeditors benefits from e-commerce growth driving demand for global logistics services. EXPD saw 2026 and 2027 consensus estimates revised 10.1% and 4.3% higher. Expeditors International of Washington (EXPD - Free Report) shares have performed impressively on the bourse of late. Shares of this Seattle, WA-based company have surged 43.4% over the past year, outperforming the Zacks Transportation - Services industry’s 21.9% growth.

Image Source: Zacks Investment Research

Given the impressive price performance, let's take a deeper look at the factors driving growth at this leading third-party logistics (3PL) provider, which currently sports a Zacks Rank #1 (Strong Buy), and assess its potential for continued gains.

The continued expansion of e-commerce remains a favorable tailwind for Expeditors. As online retailers and consumers increasingly demand faster, more reliable deliveries, the need for efficient global logistics solutions has intensified. This trend supports demand for intermodal transportation, where goods are moved seamlessly across ships, railways and trucks. This allows Expeditors to leverage its extensive freight forwarding network and expertise in managing complex supply chains. Sustained e-commerce activity should therefore continue to create opportunities for volume growth and service expansion.

The company's strong balance sheet further enhances its long-term growth prospects by providing the flexibility to pursue strategic acquisitions and invest in its operations without placing undue strain on its finances. Its disciplined approach to capital allocation enables the company to capitalize on growth opportunities while maintaining financial resilience amid changing market conditions.

Moreover, EXPD's commitment to returning capital to shareholders through dividends and share repurchases reflects management's confidence in its cash-generating ability. These shareholder-friendly initiatives not only enhance investor returns but also reinforce market confidence in Expeditors' ability to balance growth investments with shareholder rewards, supporting its overall investment appeal.

Estimate Revisions to Head NorthDriven by the positives discussed above, the Zacks Consensus Estimate for the full-year 2026 and 2027 has been revised 10.1% and 4.3%, respectively, upward over the past 60 days.

Other Stocks to ConsiderInvestors interested in the Zacks Transportation sector may consider Star Bulk Carriers Corp. (SBLK - Free Report) and Teekay Tankers Ltd (TNK - Free Report) . 

SBLK currently sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Star Bulk Carriers has an expected earnings growth rate of more than 100% for the current year.  The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and met once in the remaining, delivering an average beat of 75.3%.

Teekay Tankers Ltd currently sports a Zacks Rank #1.

TNK has an expected earnings growth rate of 98% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 10.2%.
2026-06-17 07:50 1mo ago
2026-06-16 14:02 1mo ago
Expeditors International of Washington, Inc. (EXPD) Discusses Geopolitical Pressures Impacting Europe's Operating Environment and Supply Chains Transcript
EXPD Expeditors International
FMP Stock News
Original source text
Expeditors International of Washington, Inc. (EXPD) Discusses Geopolitical Pressures Impacting Europe's Operating Environment and Supply Chains Transcript
2026-06-17 07:50 1mo ago
2026-06-17 02:42 1mo ago
Expeditors International of Washington, Inc. (EXPD) Discusses Geopolitical Risks and Trade Tensions Impacting Europe, Russia, US, and China Transcript
EXPD Expeditors International
FMP Stock News
Original source text
Expeditors International of Washington, Inc. (EXPD) Discusses Geopolitical Risks and Trade Tensions Impacting Europe, Russia, US, and China Transcript
2026-06-17 07:50 1mo ago
2026-06-15 10:13 1mo ago
LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm
LCID Lucid Group
FMP Stock News
Original source text
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 Lucid Group, Inc. (“Lucid” or “the Company”) (NASDAQ: LCID) 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 February 25, 2026 and April 13, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before July 28, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Lucid’s deliveries were disrupted by a supplier quality issue. The Company suffered a material impact on its business results due to this quality issue. The Company overstated the strength of manufacturing capabilities. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Lucid, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

 The Schall Law Firm
2026-06-17 07:50 1mo ago
2026-06-16 15:46 1mo ago
Pomerantz Law Firm Announces the Filing of a Class Action Against Lucid Group, Inc. and Certain Officers – LCID
LCID Lucid Group
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-05128, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lucid securities between February 25, 2026 and April 13, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired Lucid securities during the Class Period, you have until July 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, 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.

[Click here for information about joining the class action]

Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles, EV powertrains, and battery systems. The Company’s products include, inter alia, the “Lucid Air” sedan and “Lucid Gravity” sport utility vehicle.

At all relevant times, Defendants touted purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations. In particular, beginning in late-February 2026, Defendants represented that, in fiscal year (“FY”) 2025, they had implemented sustainable improvements in these areas, including with respect to the production and ramp-up of deliveries of the Lucid Gravity. Defendants likewise asserted that these improvements would lead to profitable growth and performance efficiencies in FY 2026. Unbeknownst to investors, however, Lucid’s performance was materially hampered by significant supplier and delivery issues in February 2026, putting the Company on track for dismal, rather than improved, performance in its first quarter (“Q1”) of 2026.

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The truth began to emerge on April 3, 2026, when Lucid issued a press release “announc[ing its Q1 2026] production and delivery totals[.]” Lucid revealed that it had “produced 5,500 vehicles” during Q1 2026, while only “deliver[ing] 3,093 vehicles.” The press release further disclosed that, “[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats” and, “[a]s a result of this, the company’s ability to meet customer demand was impacted.”

The same day, Reuters published an article entitled “Lucid misses first-quarter vehicle delivery estimates on supplier disruptions”. The article provided additional color and comments from Defendant Marc Winterhoff (“Winterhoff”), the Company’s Interim Chief Executive Officer (“CEO”), regarding Lucid’s disappointing Q1 2026 delivery results—most notably that deliveries were particularly impacted over a month earlier in February 2026, when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced.

The next trading day, April 6, 2026, 24/7 Wall St. published an article entitled “Lucid Faces Biggest Disaster Ever”, which described the number of vehicles that Lucid delivered in Q1 2026 as “remarkably small”, stating that Lucid “cannot sell fewer than 4,000 vehicles and even pretend this is sustainable.” 

Following the foregoing news and disclosures, Lucid’s stock price fell $1.13 per share, or 11.35%, over the following two trading sessions, to close at $8.83 per share on April 7, 2026.

On April 14, 2026, Lucid filed a current report on Form 8-K with the United States Securities and Exchange Commission (“U.S.”), reporting, inter alia, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million—well below the consensus estimate of $433.8 million—and losses from operations in the range of $985 million to $1.005 billion.

The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering.

Following these disclosures, Lucid’s stock price fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.

Then, on May 5, 2026, Lucid issued a press release reporting its Q1 2026 financial results, including GAAP earnings per share of -$3.46, missing consensus estimates by $0.83, a net loss of over $1 billion, and revenue of $282.47 million, missing consensus estimates by $76.04 million. Defendant Winterhoff, as quoted in the press release, acknowledged that the previously disclosed “supplier issue . . . during the quarter had an impact,” and the need to “align[] production and delivery with customer demand.” Lucid’s Chief Financial Officer, Defendant Taoufiq Boussaid, as quoted in the same press release, likewise acknowledged that “[w]e ended the quarter with elevated inventory that we expect to convert to revenue and cash as deliveries normalize[.]”

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

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-17 07:50 1mo ago
2026-06-16 19:05 1mo ago
LCID Stockholders Have Rights – If You Lost Money Investing in Lucid Group, Inc. Contact Robbins LLP for Information About Recovering Your Losses
LCID Lucid Group
FMP Stock News
Original source text
SAN DIEGO, June 16, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Lucid Group, Inc. (NASDAQ: LCID) securities between February 25, 2026 and April 13, 2026. Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles (“EVs”), EV powertrains, and battery systems.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

What is the class period? February 25, 2026 - April 13, 2026

What are the allegations? Robbins LLP is Investigating Allegations that Lucid Group, Inc. (LCID) Failed to Disclose Significant Supplier and Delivery Issues to Investors

According to the complaint, during the class period, defendants failed to disclose that:
      (i)     a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity;
      (ii)    the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results;
      (iii)   accordingly, the defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and
      (iv)   as a result, defendants’ public statements were materially false and misleading at all relevant times.

Plaintiff alleges that on April 14, 2026, Lucid filed a current report on Form 8-K with the SEC, reporting, inter alia, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million—well below the consensus estimate of $433.8 million—and losses from operations in the range of $985 million to $1.005 billion. The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering. Following these disclosures, Lucid’s stock price fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.

What can shareholders do now? You may be eligible to participate in the class action against Lucid Group, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers to the court by July 28, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Lucid Group, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.
2026-06-17 07:50 1mo ago
2026-06-16 19:17 1mo ago
Lucid Group (LCID) Declines More Than Market: Some Information for Investors
LCID Lucid Group
FMP Stock News
Original source text
In the latest close session, Lucid Group (LCID - Free Report) was down 4.38% at $5.02. This change lagged the S&P 500's 0.57% loss on the day. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.

Shares of the an electric vehicle automaker witnessed a loss of 8.38% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 0.94%, and the S&P 500's gain of 2.14%.

The upcoming earnings release of Lucid Group will be of great interest to investors. On that day, Lucid Group is projected to report earnings of -$2.54 per share, which would represent year-over-year growth of 9.29%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $373.56 million, up 43.99% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$10.75 per share and revenue of $2.18 billion, indicating changes of +11.08% and +60.83%, respectively, compared to the previous year.

It is also important to note the recent changes to analyst estimates for Lucid Group. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Lucid Group is currently a Zacks Rank #4 (Sell).

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 170, positioning it in the bottom 31% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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.
2026-06-17 07:50 1mo ago
2026-06-16 22:33 1mo ago
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Lucid Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LCID
LCID Lucid Group
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the “Class Period”), of the important July 28, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Lucid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid’s business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com
2026-06-17 07:50 1mo ago
2026-06-16 08:15 1mo ago
Fresh Off Its Nasdaq Debut, a Regenerative-Medicine Upstart Is Stacking Its Board With Big-Pharma Firepower
UPST Upstart Holdings
FMP Stock News
Original source text
Issued on behalf of Conexeu Sciences Inc.

A clutch of new directors with Fortune 500 finance, M&A, and aesthetics pedigrees signals that the newly public tissue-regeneration company is building for commercialization — in one of medicine's most consequential frontiers.

, /PRNewswire/ -- American News Group News Commentary — There is a well-worn pattern in the life sciences: a company spends years on the science, goes public, and then — in the critical window right after listing — races to assemble the kind of leadership bench that can turn a promising platform into a real business. The names a young company recruits in that window say a great deal about its ambitions. On June 15, 2026, Conexeu Sciences Inc. (Nasdaq: CNXU), a preclinical-stage regenerative-tissue company that began trading only weeks earlier, offered a revealing answer: it expanded its board from six to nine directors, promoted a co-founder to Chief Commercial Officer, and added a prominent aesthetics-industry figure to its advisory board — five appointments in all, weighted heavily toward Fortune 500 finance, capital-markets, and commercialization experience.

The move is less about any single hire than about what the collective résumé signals. For a company whose lead technology is still preclinical, building a board stocked with big-company financial and operating discipline is a statement of intent: that Conexeu means to be judged not as a science project, but as a company on a path to commercialization in one of the most consequential frontiers in medicine — helping the body regenerate its own tissue. Whether it can deliver on that intent remains years from resolution, but the governance build-out is the kind of step investors in early-stage medtech tend to watch closely.

Key Takeaways

Board expanded from six to nine: Conexeu appointed Ana Bastiani-Posner, April Burke, and Andrew Costa as new directors, deepening its bench across healthcare finance, capital markets, M&A, and growth equity. A commercialization signal: Co-founder and director David Bogart was named Chief Commercial Officer to lead commercial strategy and operations, having helped shape the company's platform and regulatory pathway from inception. An aesthetics heavyweight on advisory: Melinda Farina, known as "The Beauty Broker" and founder of Integrated Aesthetics Consulting and Beauty Brokers Inc., joined the advisory board, reinforcing Conexeu's push into the aesthetics market. Pedigree that stands out: The new directors bring senior roles from Kyowa Kirin, Allergan, Novartis, Schering-Plough, Lucid Hearing, RX3 Growth Partners (the consumer growth-equity firm co-founded by NFL quarterback Aaron Rodgers), Morgan Stanley, and J.P. Morgan. Context — momentum and risk: The appointments follow Conexeu's May 2026 Nasdaq listing and June bell-ringing, as it advances its preclinical CXU™ platform toward a targeted early-2027 FDA 510(k) submission — a milestone, not a guarantee. Who Conexeu Just Brought In

The headline additions are notable for their financial and operating heft. Ana Bastiani-Posner, named chair of the Compensation Committee and a member of the Audit Committee, is a C-suite executive with more than two decades of leadership across Fortune 500 companies; she currently serves as Executive Vice President and Chief Financial Officer of Kyowa Kirin North America, where she helps oversee roughly $1.2 billion in annual revenue, and has held senior roles at Allergan, the New York Genome Center, Schering-Plough, and Novartis. April Burke, joining the Audit and Compensation Committees, is Executive Vice President and CFO of Lucid Hearing, with expertise spanning public companies, private-equity-backed organizations, capital allocation, M&A, and IPO readiness.

Andrew Costa, named chair of the Audit Committee, rounds out the new directors as an investor and growth-equity operator with fifteen years across private equity, investment banking, and military leadership. He is Co-Managing Partner of RX3 Growth Partners — the consumer-focused growth-equity firm co-founded by NFL quarterback Aaron Rodgers, investing in health, wellness, and active-lifestyle brands, where he sits on boards including Therabody — and previously held investment-banking roles at Morgan Stanley and J.P. Morgan, after serving as a Captain in the U.S. Air Force. Alongside the board additions, co-founder and director David Bogart was elevated to Chief Commercial Officer; a capital-markets and investor-relations strategist who has advised on more than $75 million in capital formation, Bogart has helped shape Conexeu's IP and regulatory strategy since inception. And on the advisory side, Melinda Farina — "The Beauty Broker," with nearly three decades in medical aesthetics — brings consumer-health, brand-development, and market-positioning expertise directly relevant to Conexeu's aesthetics ambitions.

"Conexeu is entering an exciting new phase of growth, and it is important that our leadership team reflects the breadth of expertise needed to support both our scientific vision and business strategy," said Miles Harrison, CEO and President of Conexeu Sciences, adding that he looked forward to working with Bogart to "build our commercial foundation, expand our pipeline, and position Conexeu for scalable growth."

What the Company Is Actually Building

The leadership news only matters because of what sits beneath it. Conexeu is a preclinical-stage regenerative-tissue company built around a proprietary bioregenerative extracellular matrix platform it calls CXU™. The extracellular matrix is the natural scaffolding that surrounds cells in the body, providing the structural and biochemical cues that tell cells where to go and how to rebuild. Conexeu's lead device candidate, Ten-Minute Tissue™, is a thermosensitive ECM engineered to remain fluid at room temperature and then transition into a stable gel scaffold in place, at body temperature, within roughly ten minutes — a property designed to let it conform to and fill the irregular, three-dimensional geometry of real wounds and soft-tissue defects that flat sheets and powders struggle to address.

The company frames its strategy with a deliberately simple refrain — "one formula, one device" — a single platform engineered to scale across multiple billion-dollar markets rather than the traditional one-molecule, one-indication model. Those target markets include advanced wound care, periodontal applications, and facial and body contouring (including the soft-tissue laxity associated with rapid GLP-1-driven weight loss), with longer-term expansion into 3D printing and biofabrication and even veterinary medicine. Conexeu has also unveiled a 3D-bioprinted regenerative breast matrix program, branded B.R.E.A.S.T.™, in preclinical development with the Wake Forest Institute for Regenerative Medicine, aimed at moving breast reconstruction beyond implants toward true tissue regeneration. The platform rests on more than a decade of university preclinical research and is protected by issued patents across the U.S., E.U., Japan, and Australia, with Conexeu holding full rights and no royalty obligations. Management is pursuing a predicate-based U.S. regulatory route, with a 510(k) submission for its initial wound-care indication targeted for early 2027.

A Sector With Powerful Tailwinds — and Heavyweight Players

Conexeu is wading into a field with genuine momentum. The shift from simply replacing or covering damaged tissue toward actively regenerating it spans several large, growing markets — advanced wound care, medical aesthetics and body contouring, and surgical reconstruction — all propelled by aging populations, the diabetes epidemic, and, increasingly, the GLP-1 weight-loss wave and the soft-tissue changes that follow it. To understand both the scale of the opportunity and the competition, it helps to look at the established public companies operating across the markets Conexeu is targeting. They are far larger, commercial, and more diversified, which makes them useful reference points rather than direct equivalents.

Smith+Nephew plc (NYSE: SNN) is one of the clearest reference points for the wound-care and tissue-repair side of Conexeu's platform. A global medical-technology company explicitly focused on the repair, regeneration, and replacement of soft and hard tissue, Smith+Nephew operates a leading advanced wound management business and bioinductive regenerative implants. It illustrates the scale and breadth a tissue-technology franchise can reach — and the entrenched, well-capitalized competition any newcomer in regenerative wound care must eventually reckon with.

AbbVie Inc. (NYSE: ABBV) anchors the aesthetics comparison through its Allergan Aesthetics division, the dominant force in medical aesthetics with a multibillion-dollar franchise spanning injectables and body contouring. AbbVie has been actively addressing the aesthetic consequences of GLP-1-driven weight loss — precisely the soft-tissue laxity Conexeu is targeting — making it a powerful illustration of how large the aesthetics opportunity is, and how formidable the incumbent is in the market Conexeu hopes to enter with a regenerative approach.

Establishment Labs Holdings Inc. (Nasdaq: ESTA) is perhaps the most thematically precise comparison for Conexeu's breast program. A pure-play breast-aesthetics-and-reconstruction company built around its Motiva implants and tissue-expander technologies, Establishment Labs has grown into a company with more than $200 million in annual revenue. As Conexeu advances its B.R.E.A.S.T.™ bioprinted matrix toward a regenerative alternative to implant-based reconstruction, Establishment Labs represents both the established approach Conexeu aims to leapfrog and the commercial scale a focused breast-health franchise can achieve.

Stryker Corporation (NYSE: SYK) rounds out the group as one of the largest and most respected medical-technology companies in the world, with a substantial presence in wound care, regenerative and reconstructive products, and surgical solutions. Stryker exemplifies the diversified, large-cap medtech model and the commercialization machinery — sales, regulatory, and distribution muscle — that turns medical innovation into durable revenue. It is the kind of established player whose scale a platform company like Conexeu would aspire to over the long term. These companies are referenced to illustrate the sector and do not imply any partnership, endorsement, affiliation, or comparable financial performance; they are vastly larger, commercial-stage, and more diversified than Conexeu, which is an early-stage, preclinical company.

The Risks Behind the Promise

It is essential to keep Conexeu's stage of development front and center. This is a preclinical-stage company; its CXU™ platform is an investigational device candidate whose safety and effectiveness have not been established and which has not been reviewed or cleared by the FDA. The company's own disclosures caution that preclinical findings from laboratory and animal models may not predict human results, that its planned early-2027 510(k) submission may slip or face additional FDA data requests, and that marketing clearance may be delayed, limited, or never granted. A strong board does not change the fundamental reality that the science must still be proven in the regulatory arena.

There are commercial and financial risks as well. As a newly public, development-stage company in a capital-intensive field, Conexeu will need continued access to financing to fund the long road from preclinical work through manufacturing, regulatory testing, and commercialization — a path most product candidates never complete. It faces enormous, well-funded competition from the very kinds of companies referenced above, and the predicate-based 510(k) route, while potentially faster, does not remove the inherent uncertainty of medical-device development. Investors should weigh the genuine credibility a strengthened board lends against the substantial execution risk that remains.

Why It Still Matters

For all those caveats, the logic behind Conexeu's leadership build-out is sound, and the trajectory of its field is unmistakable. Regenerative medicine is moving from a scientific aspiration toward a commercial reality, propelled by demographic and metabolic trends that are only intensifying — an aging world, a diabetes epidemic, a GLP-1 boom reshaping the aesthetics landscape, and a broad shift from replacing tissue toward rebuilding it. Bringing in directors and executives who have operated at the scale of Kyowa Kirin, Allergan, Novartis, and the major investment banks is precisely how an early-stage company signals it intends to compete in that future rather than merely research it.

Whether Conexeu converts that intent into cleared products and durable revenue will be decided over years, in manufacturing suites and regulatory reviews, not in board announcements. But the company is assembling the pieces — a differentiated platform, a multi-market strategy, and now a leadership team built for commercialization — to pursue one of the most compelling questions in modern medicine: not how to replace what the body has lost, but how to help it rebuild. For investors tracking where regenerative medicine is headed, Conexeu's post-listing moves are a small but telling marker of a company positioning itself for the long game.

CONTINUED … Learn more about Conexeu Sciences Inc. at: https://www.conexeu.com

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CONTACT:

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SOURCES:

[1] Conexeu Sciences Inc. — "Conexeu Expands Board, Executive, and Advisory Leadership With Five Appointments Post Nasdaq Listing" (June 15, 2026; primary source for the board expansion, appointee bios, committee assignments, CXU™/Ten-Minute Tissue™ platform, and CEO Miles Harrison quote):

https://www.conexeu.com/resources/conexeu-expands-board-executive-and-advisory-leadership-with-five-appointments-post-nasdaq-listing

[2] Conexeu Sciences Inc. — "Conexeu Sciences Commences Trading on Nasdaq Under Ticker Symbol 'CNXU'" (May 21, 2026; Nasdaq listing, platform overview):

https://www.conexeu.com/resources/conexeu-sciences-commences-trading-on-nasdaq-under-ticker-symbol-cnxu

[3] Conexeu Sciences Inc. — "Conexeu Sciences Reports Manufacturing Scale Up and Regulatory Progress for Lead CXU™ Wound Care Program" (June 8, 2026; Q1 2027 510(k) plan, CDMO transfer, Ten-Minute Tissue™):

https://www.conexeu.com/resources/conexeu-sciences-reports-manufacturing-scale-up-and-regulatory-progress-for-lead-cxu-tm-wound-care-program

[4] Conexeu Sciences Inc. — "Conexeu Sciences Initiates Preclinical Development Program for B.R.E.A.S.T.™ Bioregenerative Matrix Platform with Wake Forest Institute for Regenerative Medicine" (May 27, 2026):

https://www.conexeu.com/resources/conexeu-sciences-initiates-preclinical-development-program-for-b-r-e-a-s-t-tm-bioregenerative-matrix-platform-with-wake-forest-institute-for-regenerative-medicine

[5] Establishment Labs Holdings Inc. — FY2025 results and company profile (NASDAQ: ESTA; breast aesthetics & reconstruction, Motiva, ~$211M 2025 revenue; sector/peer context with SNN, ABBV, SYK):

https://stockanalysis.com/stocks/esta/

DISCLAIMER:

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances.

American News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by American News Group on behalf of MIQ. MIQ has been paid a fee for Conexeu Sciences Inc. advertising and digital media from Creative Direct Marketing Group ("CDMG"). This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. MIQ does not own shares of Conexeu Sciences Inc. but reserves the right to buy and sell shares of Conexeu Sciences Inc. at any time without any further notice. There may be 3rd parties who may have shares of Conexeu Sciences Inc., and may liquidate their shares which could have a negative effect on the price of the stock. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of Conexeu Sciences Inc. by CDMG; this is a digital media distribution.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our publication is not trustworthy unless verified by their own independent research. Comparisons to other companies referenced in this publication are for contextual and illustrative purposes only and do not imply any partnership, endorsement, affiliation, or comparable financial performance. Forward-looking statements regarding leadership, preclinical and clinical development, manufacturing, regulatory submissions and clearances (including the planned first-quarter 2027 510(k) submission), reimbursement, market size, and commercialization are subject to risks and uncertainties, and actual results may differ materially. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
2026-06-17 07:49 1mo ago
2026-06-16 07:48 1mo ago
Stock Market Live June 16: S&P 500 (SPY) Could Easily Rally to Higher Highs
DKNG Draft Kings
FMP Stock News
Original source text
Live Updates 12 hours ago

Aside from all the attention DraftKings (NASDAQ: DKNG | DKNG Price Prediction) has been getting, analysts at Wedbush say Flutter Entertainment (NYSE: FLUT) could get a boost from the 2026 FIFA games. The firm has an outperform rating on the stock with a $138 price target.

“We expect share gains to materialize around the 2026 FIFA World Cup with [earnings] stacking as NFL/college football season starts and as the company deploys most of the $300mn it has earmarked for Predicts investment,” said the firm, as quoted by CNBC.

With news that the war with Iran is ending, markets could see higher highs.

This morning, S&P 500 futures are up by 0.06%, or by four points. The SPDR S&P 500 ETF (SPY) is up by $13.08 at $754.83. The Dow is up by 0.11%, or by 55 points. The Nasdaq is up by 0.28%, or by 87 points. Oil is below $80 at $78.32. Gold is up by $9.88 at $4,339.76.

However, as exciting as the end-of-war news has become, some analysts are skeptical.

“We will believe all of this when we see it,” said Jan Stuart, global energy strategist at Piper Sandler, as quoted by CNBC. “Obviously, both sides are contradicting themselves, and none of the details mesh.” Others are waiting to see if traffic in the Strait of Hormuz ramps up, according to Sarah Bianchi, chief strategist for international political affairs and public policy at Evercore ISI, as also noted by CNBC.

Hopefully, things will go smoothly, and we can move on from the war.

SpaceX Stock is Still Blasting Off  Since going public, shares of SpaceX (NASDAQ: SPCX) have been rocketing higher. In fact, from $161.85, it’s now up to $209.15 in premarket.

While some caution is warranted for the hot IPO, Elon Musk says the company’s revenue could eventually grow to about $1 trillion by 2030. If that were to happen, the company’s current $2.52 trillion market cap doesn’t seem so far from reality. “I would be surprised if revenue is not greater than $1 trillion in 2031,” added Musk, as quoted by Reuters.

Fueling more upside, SPCX just signed an agreement with Google to provide cloud services for $920 million a month over the next 32 months. It also signed an agreement with Anthropic “to rent compute capacity at its Colossus data center for $1.2 billion per month over three years,” as reported by MarketWatch.com.

Market Movers: IPO ETFs Gaining Momentum  Over the last few weeks, we mentioned that instead of investing in SPCX, investors may want to consider related ETFs, which run on hot new IPOs.

One of those was the First Trust US Equity Opportunities ETF (NYSEARCA: FPX).

With an expense ratio of 0.61%, the FPX tracks hot IPOs, giving investors access to new stocks during their initial, most crucial days on the market. By buying it, not only can you avoid paying gobs of money for IPOs that may or may not work out, but you’re also being exposed to multiple hot IPOs at the same time at a lesser cost.

When we last mentioned FPX, it traded at $163. It’s now up to about $200 a share.

Another one was the Renaissance IPO ETF (NYSE: IPO), which traded at $42.71. It’s now up to $58.05. With an expense ratio of 0.6%, the ETF provides “investors with the largest, most liquid US-listed newly public company stocks in one security, reducing the risk of single-stock ownership while avoiding overlap with major core indices for optimal diversification across markets and time,” as noted by Renaissance Capital.

© Arsenii Palivoda / Shutterstock.com
2026-06-17 07:49 1mo ago
2026-06-16 10:01 1mo ago
Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
DKNG Draft Kings
FMP Stock News
Original source text
DraftKings (DKNG - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this company have returned +11.7%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Gaming industry, which DraftKings falls in, has gained 3.9%. The key question now is: What could be the stock's future direction?

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

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

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

For the current quarter, DraftKings is expected to post earnings of $0.34 per share, indicating a change of -10.5% from the year-ago quarter. The Zacks Consensus Estimate has changed -7.3% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $1.15 points to a change of +74.2% from the prior year. Over the last 30 days, this estimate has changed -2.8%.

For the next fiscal year, the consensus earnings estimate of $1.78 indicates a change of +54.4% from what DraftKings is expected to report a year ago. Over the past month, the estimate has changed -1.1%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for DraftKings.

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

12 Month EPS

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

For DraftKings, the consensus sales estimate for the current quarter of $1.57 billion indicates a year-over-year change of +3.9%. For the current and next fiscal years, $6.8 billion and $7.77 billion estimates indicate +12.4% and +14.2% changes, respectively.

Last Reported Results and Surprise HistoryDraftKings reported revenues of $1.65 billion in the last reported quarter, representing a year-over-year change of +16.8%. EPS of $0.2 for the same period compares with $0.12 a year ago.

Compared to the Zacks Consensus Estimate of $1.64 billion, the reported revenues represent a surprise of +0.12%. The EPS surprise was -9.09%.

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

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

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

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

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

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about DraftKings. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-17 07:49 1mo ago
2026-06-16 13:33 1mo ago
Prediction: This is Where DraftKings Will End The Year
DKNG Draft Kings
FMP Stock News
Original source text
© Scott Eisen / Getty Images for DraftKings

The headline question has a clean answer. DraftKings (NASDAQ:DKNG | DKNG Price Prediction) would need to roughly double from $28.79 to clear $57 by year-end 2026, and our proprietary model does not see it happening in that window. That said, we are still constructive on the stock from here.

Our 24/7 Wall St. price target for DraftKings is $32.87, implying 14.16% upside over the next 12 months. The recommendation is buy, with high confidence at 0.9.

24/7 Wall St. Price Target Summary Metric Value Current Price $28.79 24/7 Wall St. Price Target $32.87 Upside 14.16% Recommendation BUY Confidence Level 90% A Volatile Year That Reset Expectations DKNG has rallied 16.18% in the past week and 15.16% over the past month, but the stock is still down 16.45% year-to-date and 21.12% over the trailing year. Shares sit roughly 28% below the 52-week high of $48.78, after bottoming near $20.46.

Q1 2026 results reframed the story. Revenue of $1.65 billion beat consensus by 4.54%, sportsbook revenue rose 24.1%, and adjusted EBITDA jumped 64% to $167.85 million. EPS of $0.20 missed the $0.36 estimate, but management reaffirmed full-year revenue guidance of $6.50 billion to $6.90 billion.

Why Bulls See a Breakout Ahead Our 1-year bull scenario lands at $49.50, a 71.94% return that gets close to doubling without quite touching it. Drivers include the launch of DraftKings Predictions, the CFTC-regulated event-contracts platform CEO Jason Robins says will deliver a “leadership position in Sports Predictions before year-end.”

Sportsbook net revenue margin expanded to 7.8% from 6.4%, and average revenue per user climbed 21% to $131. Wall Street agrees: 23 Buy ratings, 5 Strong Buys, and a consensus target of $34.88.

What Could Go Wrong Monthly Unique Payers fell 4% YoY, operating cash flow turned negative at -$48.4 million, and DKNG carries a stretched trailing P/E of 322. Bulls would counter that the MUP drop reflects a deliberate shift toward higher-value users (ARPU up 21%) and that the cash-flow dip reflects heavy Predictions investment, not deteriorating economics.

Still, insiders have been net sellers across 84 recent transactions, including director Matthew Kalish’s 1.9 million-share forward sale contract. Our bear case lands at $28.53, essentially flat.

DraftKings Price Prediction 2026-2030 The 24/7 Wall St. price target of $32.87 and buy rating reflect a real but bounded thesis. Profitability is inflecting, the Predictions optionality is undervalued at current levels, and Wall Street’s $34.88 consensus backs us up.

The setup looks more attractive if DKNG holds the 50-day moving average near $24.44 and Predictions launches on schedule. The thesis weakens if MUPs decline another quarter or sportsbook hold percentage compresses on unfavorable outcomes. The stock can rally meaningfully from $28.79, but doubling to $57 by December is not our base case.

Year 24/7 Wall St. Price Target 2026 $32.87 2027 $36.50 2028 $39.75 2029 $42.10 2030 $44.69 These projections assume DraftKings continues executing on margin expansion and Predictions ramps as guided. Material upside or downside could come from iGaming legalization in major states like New York or California, or from regulatory friction around CFTC event contracts.
2026-06-17 07:49 1mo ago
2026-06-16 05:46 1mo ago
Dave & Buster's reports Q1 earnings miss as comparable sales slump
PLAY Dave & Buster's
FMP Stock News
Original source text
Dave & Buster's Entertainment (NASDAQ:PLAY) reported a steeper-than-expected drop in first-quarter profit and revenue as softer consumer sentiment and a marketing misstep weighed on comparable store sales.

The video game and restaurant chain posted adjusted earnings per share of $0.22 for the quarter, falling well short of the analyst consensus of approximately $0.90.

Revenue declined 1.5% year-over-year to $559.2 million, missing the $580.6 million expected by analysts.

Comparable store sales fell 5.4% in the quarter, significantly worse than the consensus estimate of a 1.2% decline. The company attributed the shortfall to macroeconomic headwinds including elevated gas prices and geopolitical uncertainty, as well as promotional tests that failed to connect with cost-conscious consumers.

Despite the weak headline results, management pointed to early signs of stabilization. Quarter-to-date comparable sales through mid-June were running at negative 4%, and the company said it expects to return to positive comparable sales for the remainder of fiscal 2026, beginning in mid-June, driven by a new games lineup, World Cup activations and a revitalized loyalty program with personalized offers.

The company also cited momentum in its food and beverage segment, where comparable sales rose 5% year-over-year for the ninth consecutive month of positive growth, and in special events, which saw a 3% comparable sales gain.

On the operational side, Dave & Buster's reported a meaningful swing in adjusted free cash flow, improving to positive $25.3 million from negative $58.8 million in the prior year period. Management reiterated its fiscal 2026 target of generating more than $100 million in free cash flow, with approximately $499 million in total liquidity.

Dave & Buster's also reported continued international expansion, opening its fifth and sixth franchise locations in May and June 2026, including a partnership to develop 15 venues in India.

Jefferies analysts said they view risk/reward as skewed to the upside at current valuations.

The firm noted the stock trades at roughly 4 times estimated 2027 EBITDA, a discount to most full-service peers at 5 to 12 times.

The bank lowered its 2026 comparable sales estimate to negative 2.4% and cut its adjusted EBITDA forecasts for 2026 and 2027 to $433 million and $469 million, respectively.

Shares opened about 2.6% lower on Tuesday.