S&P 500 companies are pivoting hard back to shareholder returns, and the dividend declarations rolling in this spring have already locked in record-breaking streaks. Johnson & Johnson just extended one to 64 consecutive years. Procter & Gamble stretched its own to 70. If you are sitting in cash waiting for a signal, the signal is the checks already being cut. Here are five US-listed names hiking payouts (or buying back stock at scale) right now, ranked by how much of that capital is likely to land in your pocket.
1. Ingersoll Rand (The Surprise Pick) You buy Ingersoll Rand (NYSE:IR | IR Price Prediction) because the industrial compressor maker is quietly running one of the most aggressive total-capital-return programs in the mid-cap industrial space, and the stock has just gotten cheap enough to notice. Shares are trading near $72.01, down 9% year to date and 12% over the past year, while the underlying business keeps compounding.
In 2025, IR returned $1,050 million to shareholders, with $1,018 million of that coming through buybacks and the remainder via the $0.02 quarterly dividend. Q1 2026 brought revenue of $1.85 billion (up 7.6% year over year) and adjusted EPS of $0.77 against a $0.74 estimate. Management guided FY2026 to adjusted EPS of $3.45 to $3.57 with free-cash-flow conversion near 95%.
CEO Vicente Reynal told investors, "We began 2026 with solid momentum, delivering high single-digit Adjusted EPS growth." That cash is going straight back to holders. The heavyweight dividend hikes start next.
2. Johnson & Johnson (The Dividend King) Johnson & Johnson (NYSE:JNJ) is the obvious heavyweight, and right now the obvious is also the most underowned big-cap dividend story in the market. The board just approved a 3.1% increase to $1.34 per share, the 64th consecutive year of dividend growth. Payment hits accounts on June 9, 2026. The yield sits at 2.33%, which sounds modest until you remember this is a Dividend King with a beta of 0.263.
Q1 2026 delivered revenue of $24.06 billion (up 9.9%) and adjusted EPS of $2.70. The standouts: DARZALEX at $3.96 billion (+22.5%), TREMFYA at $1.61 billion (+68.3%), and CARVYKTI at $597 million (+62.1%). Management raised full-year guidance to $100.3 to $101.3 billion in revenue and $11.45 to $11.65 in adjusted EPS. CEO Joaquin Duato said the company is "delivering on its promise for a year of accelerated growth and impact."
The stock is up 53% over the past year. Dividend Kings do not normally move like that. Want a longer streak? Keep reading.
3. Procter & Gamble (The Longest Streak on Wall Street) If JNJ's 64 years sounds long, Procter & Gamble (NYSE:PG) just notched its 70th consecutive annual dividend increase and its 136th consecutive year of dividend payments. P&G has paid a dividend every year since incorporation in 1890. No company on this list, or virtually any list, comes close.
The most recent ex-dividend payment stepped up to $1.0885 per share from $1.0568. Management plans to return roughly $10 billion in dividends in FY2026 plus another $5 billion in buybacks. Fiscal Q3 2026 delivered revenue of $21.24 billion (up 7.4%) and core EPS of $1.59. CEO Shailesh Jejurikar acknowledged a $400 million after-tax tariff hit but said the company is "increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment."
The stock is roughly flat year to date at $140.78 and down 13% over the past year. Reddit's r/dividendinvesting community has been parked on the name with sentiment scores in the 70-72 range through late May. Income investors are doing the buying while everyone else looks elsewhere.
4. Target (The Turnaround Dividend Aristocrat) This is where the story gets interesting. Target (NYSE:TGT) just declared its 235th consecutive quarterly dividend at $1.14 per share, up from $1.12. The yield is 3.64%, the highest on this list, and the company is paying it through a clear turnaround. I have been watching Target's dividend record for years, and what stands out is that it kept paying right through the 2008 crisis, the 2020 pandemic, and the 2022-2024 margin reset. That is the kind of muscle memory you cannot fake.
Q4 fiscal 2026 brought revenue of $30.45 billion and adjusted EPS of $2.44 against a $2.16 estimate. Gross margin expanded 40 basis points to 26.6%, membership revenue more than doubled, and marketplace grew 30%. There is roughly $8.3 billion remaining on the buyback authorization. CEO Michael Fiddelke said Target saw "a healthy, positive sales increase in February, serving as an important milestone on our path back to growth this year."
You buy TGT here if you believe the high-margin ad and membership businesses are masking a real consumer recovery underneath. The market already started believing: shares are up 29% year to date. The next name makes that look small.
5. Apple (The Payoff) Here is the punchline. Apple (NASDAQ:AAPL) raised its dividend 4% to $0.27 per share, the smallest percentage hike on this list. Then the board authorized an additional $100 billion share repurchase program. That single buyback authorization is larger than the combined market caps of most companies in the S&P 500. Disclosure: I have owned Apple since December 2012, and these capital-return announcements are the reason the position keeps compounding without my doing anything.
Fiscal Q2 2026 delivered revenue of $111.18 billion (up 16.6%) and EPS of $2.01, the eighth consecutive EPS beat. iPhone revenue hit a record March quarter of $56.99 billion, and Services posted an all-time record of $30.98 billion. CEO Tim Cook said, "Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment." The December quarter alone produced $53.92 billion in operating cash flow and $24.7 billion in buybacks.
Polymarket assigns a 71% probability that AAPL hits $304 in June and 98% probability it stays above $300 for the week. Shares already trade at $311.23, up 54% over the past year. The buyback math is the punchline: at current prices, the new authorization could retire well over 2% of the float on top of an already shrinking share count. That is the engine.
The Pivot Is Already Happening Dividend declarations are checks already signed. Between JNJ's 64-year streak, P&G's 70-year run, Target's 235 consecutive quarters, Ingersoll Rand's billion-dollar buybacks, and Apple's $100 billion authorization, the cash leaving these balance sheets in 2026 is measured in the hundreds of billions. Goldman Sachs is already "closely monitoring whether buyback activity expands beyond a few sectors", which is corporate-speak for it is happening. Record dates are landing this month. Miss the ex-date, miss the check.
VANCOUVER, British Columbia, June 09, 2026 (GLOBE NEWSWIRE) -- SPARC AI Inc. (the “Company”) (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) a defence technology company building Overwatch, the GPS denied navigation and target acquisition software platform for drones and autonomous systems, today announced the successful completion of a 43km long-range target acquisition test conducted over open water in Port Phillip Bay, Victoria, Australia. The target recording was done at a drone height of 115m above ground level.
The 43km demonstrated span is comparable to, and in some measurements exceeds, the narrowest width of the Strait of Hormuz, one of the world’s most strategically significant maritime chokepoints. The comparison illustrates the scale of contested, GPS-denied maritime environments in which the capability is designed to operate.
SPARC AI is also pleased to announce it has integrated image recognition into the SPARC AI drone controller application, adding further capability to its targeting solution. Overwatch brings together targets recorded by multiple drones across different manufacturers and different locations onto a single operating map, where operators can classify and track targets, collaborate, and plan missions in one shared picture. With image recognition now overlaid onto that picture, operators gain richer intelligence and can respond more rapidly across teams.
Capabilities of this kind have historically been locked inside expensive, proprietary drone platforms. By delivering them as software across any manufacturer's hardware, the Company believes Overwatch meaningfully expands its addressable market and positions the platform as a premium software layer rather than a single-aircraft feature.
Looking ahead, the next phase of Overwatch's development will introduce the ability to deploy multiple drones directly from the platform. The company is developing teaming and swarm capability that it believes will be unique to Overwatch with the ability to deploy and coordinate drones from different manufacturers, operating from different locations, simultaneously and to do so in a GPS-denied environment.
SPARC AI intends to make these capabilities available to its partners in Dubai, Ukraine and the United States with the next software update.
About SPARC AI Inc.
SPARC AI Inc. develops next-generation, GPS-free target acquisition and intelligence software for defence drones and edge devices. Its zero-signature technology delivers real-time detection, tracking, and behavioural insights without reliance on radar, lidar, or heavy sensors. SPARC AI's flagship platform, Overwatch, provides defence operators and commanders with unmatched situational awareness across the connected fleet. The Company is committed to building a scalable software platform that defines the future of defence drone intelligence globally.
This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the “Risks and Uncertainties” in the Company’s management discussion and analysis.
Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: the failure to complete the Offering; reliance on key management and other personnel; potential downturns in economic conditions; competition from others; market factors, including future demand products developed by the Company; the policies and actions of foreign governments, which could impact the ability of the Company to successfully market its products; the Company’s expectations in connection with the development of the Target Acquisition System; the effectiveness of the Target Acquisition System; changes in national and local government legislation, taxation, controls or regulations and/or changes in the administration or laws, policies and practices; the impact of general business and economic conditions; currency exchange rates; and the impact of inflation.
The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Melbourne, Australia and Vancouver, Canada – TheNewswire - June 10, 2026 - Mithril Silver and Gold Limited ("Mithril” or the "Company") (TSXV: MSG) (ASX: MTH) (OTCQB: MTIRF) is pleased to provide details of continued drilling progress at Mithril’s district scale Copalquin property, Durango State, Mexico.
Update Highlights
Mithril completes final six holes in the in the western expansion area of the El Refugio area, and final two holes in La Soledad southeast expansion area, in advance of the updated Mineral Resource Estimate planned for late June 2026
Three of six drill holes completed at El Refugio intercepted high grade silver and gold, including drill hole RE26-013 which intercepted 7.25 m grading 4.01 g/t Au and 225.1 g/t Ag, or 7.22 g/t AuEq, at distance of approximately 190 m from previously announced drill hole RE26-009 which intercepted 9.65 m grading 7.00 g/t Au and 370.3 g/t Ag, or 12.29 g/t AuEq0F1
Drilling in the La Soledad vein continues to intercept elevated gold values in drilling, as extension of the 2021 MRE footprint seen in hole LS26-007
2.85 m @ 2.41 g/t gold, and 107.8 g/t silver from 395.05 m (RE26-010), including
0.95 m @ 2.83 g/t gold, and 188.0 g/t silver from 396.95 m
1.20 m @ 6.64 g/t gold, and 6.4 g/t silver from 304.20 m (RE26-012), and
1.65 m @ 3.79 g/t gold, and 8.3 g/t silver from 316.75 m, including
0.75 m @ 5.55 g/t gold, and 11.9 g/t silver from 317.65,
7.25 m @ 4.01 g/t gold, and 225.1 g/t silver from 375.70 m (RE26-013), including
3.30 m @ 7.11 g/t gold, and 368.2 g/t silver from 376.80 m, including
0.50 m @ 15.25 g/t gold, and 533.0 g/t silver from 378.00 m, and including
3.25 m @ 5.23 g/t gold, and 30.5 g/t silver from 92.0 m (LS26-007), including
0.85 m @ 19.45 g/t gold, and 96.8 g/t silver from 94.4 m
The final drillholes of the 2026 Target 1 upgrade drilling program that were directed to further test the western mineralized limit of the El Refugio structure returned encouraging results including high grade silver and gold mineralization within wide intervals of quartz breccia and wider intervals of milled and/or phreatic breccia textures. Drill hole RE26-013, which intercepted 7.25 m of mineralized quartz breccia within a wider 12.6 m interval of quartz filled polymictic breccia, shows as evidence of a large, high energy mineralized system. The overall success of the upgrade drilling campaign is underscored by the increased footprint of the mineralization at El Refugio, and the increased confidence in the grade and geology model which remains open to depth.
“The continued success at the western expansion area of El Refugio has defined continuity of the structure with a plunge of mineralization directed to the northwest that remains open for further drill testing in the future,” stated James Barr, Mithril’s VP Exploration. “With our immediate objectives in the Target 1 resource area being substantially complete, our focus shifts to completing an update of the Target 1 mineral resource estimate with an emphasis on upgrading confidence in the geological and grade distribution, targeting substantial conversion from the Inferred resource classification. For the first time, detailed modelling of a post-mineral dyke system will be included. Previously, the model recognized this unit as part of the pre-mineral volcanic rock package which masked the continuity of the mineralized structure. The recent drilling has confirmed the continuation of the mineralization at similar grade and thickness across the dyke which has split and offset the mineralization.
Our look-ahead into H2 of 2026 includes expanding ground-based mapping activities to the District North Section, target development at locations not previously drill tested, and extensional drilling to follow-up previous drilling campaign successes in the Target 5 area.”
Copalquin District - 2026
Mithril is undertaking an aggressive exploration programme in 2026, with 11, 238 metres now complete of a up to 25,000 metres of drilling planned during the first 6 - 8 months of the year across the Copalquin District. Upcoming work is focussing on expanding known mineralised zones, testing new high-priority targets, integrating district-wide geophysical data, and continuing to advance the Company’s district-scale exploration thesis. The district features over 100 historic underground workings (c.1850 – 1910) including several multi-level mines and 200 small surface workings. Mapping and sampling across the lower half of the 70 km2 mining concession area demonstrates and a large epithermal silver-gold system with multiple target areas for potential resource growth plus the underlying conduit system responsible for the widespread gold and silver mineralisation.
The northern half of the Copalquin concession area features large areas of alteration. The LiDAR image shows evidence of historic mining activity and indicates some key structures. Along with historic sampling data, the northern section of the property presents as an additional, potentially significant and large exploration area within Mithril’s Copalquin mining concessions.
The nearby 20 km2 La Dura property has recently been added to the portfolio providing a brown field property with a database of mapping, sampling and drilling1F2. The recent LiDAR survey2F3 has revealed multiple historic workings within the concession area, including the 4-level high-grade La Dura mine. An initial 1.5 km long mineralisation corridor has been identified as a future drill target. An aerial magnetic survey has been complete with interpretation work currently progressing.
Figure 1: Mithril’s Copalquin and La Dura property locations in Durango State, Mexico
Click Image To View Full Size
Figure 2: LiDAR identified historic workings across the 70km2 district. Current drilling locations at Target 1, Target 3 and Target 5 with ongoing mapping and sampling plus recently completed aerial magnetic survey (report pending)
Click Image To View Full Size
Figure 3: Property-wide channel sampling results for the middle and south district sections within ~50% of the 70 km2 mining concession area covering the Copalquin District. An aerial magnetic survey and a desktop structural study have been completed over the area and are being interpreted to support drill planning for district defining targets such as the Copalquin Structure.
Target 1 Drilling Program Discussion
Initial drilling at the Target 1 Resource area started in July 2020, culminating in seventy-seven drill holes (totalling 17,706.20 m) being completed in the area that were used as the basis of the initial Mineral Resource Estimate. Since then, 127 additional drill holes (totalling 42,861.35 m) have been completed in the Target 1 resource area, for a total of 204 drill holes (totalling 60,567.55 m).
A priority objective of the drilling campaign has been to de-risk the mineral resource model by completing infill drilling within areas defined as Inferred Resources to increase local confidence in the geology and grade continuity. In early 2026 Mithril directed drilling activities to address some remaining gaps that were recognized between wide spaced drilling in the El Refugio vein system that were untested or that were classified as Inferred resources. Eight (8) holes (totalling 2,814.0 m) were completed to fill these gaps. These holes further developed understanding of the main El Refugio body, including the addition of two new veins. The system now comprises four veins on the footwall and hangingwall side of El Refugio main.
Along the western extension of El Refugio main, the vein system consolidates into one main structure. The final seven holes (totalling 2,868.0 m) of the 2026 campaign at El Refugio were drilled to test continuity of the mineralized system and successfully intersected mineralization beyond the post-mineral dyke system. Recent age dating confirms the approximate age of mineralization around 27 Ma, relative to the post mineral dyke system with an age of 22 Ma, based on K-Ar age dating methods. Mineralization within the structure remains open to depth.
Drilling at La Soledad since the 2021 Mineral Resource Estimate focused on drill testing mineralized extensions projected from the historical workings, which were surveyed with underground LiDAR in May 2025, in addition to the successful extension of the mineralized structure to the southeast. Drilling in 2026, which included seven (7) drill holes at La Soledad (totalling 2,316 m) continued testing the extension of the mineralization along the southeast trend. Together, the campaigns have culminated in identifying six subparallel mineralized structures located in the footwall to La Soledad main near the intersection with Refugio main vein.
Table 1: Recent significant results received for Target 1 resource upgrade drilling
Hole ID
From (m)
To (m)
Interval (m)
Au g/t
Ag g/t
AuEq g/t3F4
El Refugio
RE26-010*
395.05
397.90
2.85
2.41
107.8
3.94
including
396.95
397.90
0.95
2.83
188.0
5.52
RE26-012
304.20
305.40
1.20
6.64
6.4
6.73
RE26-012
316.75
318.40
1.65
3.79
8.3
3.91
including
317.65
318.40
0.75
5.55
11.9
5.72
RE26-013*
375.70
382.95
7.25
4.01
225.1
7.22
including
376.80
380.10
3.30
7.11
368.2
12.37
and*
378.00
378.50
0.50
15.25
533.0
22.86
La Soledad
LS26-006*
66.00
67.00
1.00
1.22
149.1
3.34
LS26-006
117.55
118.30
0.75
1.49
50.7
2.21
LS26-007
58.20
58.75
0.55
0.95
53.7
1.71
LS26-007
81.90
88.65
6.75
0.65
23.4
0.98
LS26-007
92.00
95.25
3.25
5.23
30.5
5.66
Including*
94.40
95.25
0.85
19.45
96.8
20.83
LS26-007
99.75
100.25
0.50
1.70
10.8
1.85
LS26-007
293.15
294.00
0.85
2.04
5.8
2.12
* Intercepts shown on attached maps and sections
Click Image To View Full Size
Figure 4: Target 1 plan map showing drill hole trace locations, highlight intercepts in this announcement and resource footprint area
Click Image To View Full Size
Figure 5: Long section view of the El Refugio vein looking perpendicular to the vein to the northwest
Click Image To View Full Size
Figure 6: Cross section +/- 50 metres for drilling on the western extension of the Target 1 resource area, centred on drill hole RE26-013; drill hole RE26-010 and CDH-094 are located approximately 50 metres east.
Click Image To View Full Size
Figure 7: Long section view of the El Refugio vein looking perpendicular to vein to the northeast
Table 2: Drill hole collar details included in this announcement
Hole ID
Easting
Northing
Elevation
Azimuth
Inclination
Depth (m)
(m)
(m)
(m)
(degrees)
(degrees)
RE26-010
288904
2823995
1186.00
190
-72
471
RE26-011
288649
2823971
1182.00
200
-70
402
RE26-012
288656
2823883
1177.00
220
-75
369
RE26-013
288865
2823957
1202.48
195
-74
453
RE26-014
288546
2823911
1133.8
182.5
-58.1
384
RE26-015
288644
2823972
1182
170
-69
417
LS26-006
289691
2824111
1121
150
-58
366
LS26-007
289691
2824111
1121
173
-58
381
Note: Some collar locations may be reported with approximate handheld GPS coordinates, while surveying with differential GPS is pending completion
Table 3: All drill results reported greater than or equal to 0.1 g/t AuEq
Hole ID
Sample ID
From
(m)
To
(m)
Interval (m)
Au
(g/t)
Ag
(g/t)
AuEq
(g/t)*
RE26-010
210152
394.50
395.05
0.55
0.20
3.6
0.25
RE26-010
210153
395.05
395.70
0.65
3.38
14.6
3.59
RE26-010
210154
395.70
396.45
0.75
2.42
146.0
4.51
RE26-010
210155
396.45
396.95
0.50
0.31
19.0
0.58
RE26-010
210156
396.95
397.90
0.95
2.83
188.0
5.52
RE26-010
210184
415.45
416.00
0.55
0.03
5.1
0.10
RE26-010
210234
464.00
466.00
2.00
0.10
4.9
0.17
RE26-011
207553
347.70
348.55
0.85
0.08
2.5
0.11
RE26-011
207554
348.55
349.50
0.95
0.04
9.3
0.17
RE26-011
207556
350.00
350.65
0.65
0.08
4.4
0.14
RE26-011
207557
350.65
351.15
0.50
0.17
3.8
0.23
RE26-011
207566
390.90
391.95
1.05
0.25
2.8
0.29
RE26-011
207569
393.35
394.10
0.75
0.27
1.7
0.30
RE26-012
207610
300.40
301.65
1.25
0.08
2.0
0.11
RE26-012
207613
304.20
305.40
1.20
6.64
6.4
6.73
RE26-012
207623
316.75
317.65
0.90
2.33
5.3
2.41
RE26-012
207624
317.65
318.40
0.75
5.55
11.9
5.72
RE26-012
207626
318.40
318.90
0.50
0.25
7.7
0.36
RE26-012
207627
318.90
319.40
0.50
0.35
5.6
0.43
RE26-012
207628
319.40
320.15
0.75
0.11
3.9
0.16
RE26-012
207629
320.15
320.90
0.75
0.05
3.8
0.11
RE26-012
207634
322.60
323.10
0.50
0.22
2.7
0.26
RE26-012
207636
323.80
324.30
0.50
0.44
5.4
0.51
RE26-012
207637
324.30
324.90
0.60
0.08
4.9
0.15
RE26-012
207638
324.90
325.80
0.90
0.09
4.4
0.16
RE26-012
207639
325.80
326.30
0.50
0.32
12.2
0.50
RE26-012
207640
326.30
326.95
0.65
0.70
18.5
0.96
RE26-012
207642
327.45
327.95
0.50
0.16
2.4
0.19
RE26-012
207643
327.95
328.45
0.50
0.17
3.9
0.22
RE26-012
207644
328.45
329.40
0.95
0.75
11.6
0.91
RE26-013
210255
375.70
376.20
0.50
2.29
242.0
5.75
RE26-013
210256
376.20
376.80
0.60
2.93
99.2
4.35
RE26-013
210257
376.80
377.35
0.55
8.84
335.0
13.63
RE26-013
210258
377.35
378.00
0.65
2.00
110.0
3.57
RE26-013
210259
378.00
378.50
0.50
15.25
533.0
22.86
RE26-013
210261
378.50
379.05
0.55
9.08
461.0
15.67
RE26-013
210262
379.05
379.60
0.55
6.01
348.0
10.98
RE26-013
210263
379.60
380.10
0.50
2.73
496.0
9.82
RE26-013
210264
380.10
380.60
0.50
1.64
111.0
3.22
RE26-013
210265
380.60
381.20
0.60
0.41
71.5
1.43
RE26-013
210266
381.20
381.80
0.60
0.12
11.4
0.28
RE26-013
210267
381.80
382.40
0.60
0.87
111.0
2.46
RE26-013
210268
382.40
382.95
0.55
1.86
117.0
3.53
RE26-013
210274
386.90
387.60
0.70
0.03
4.9
0.10
RE26-013
210276
387.60
388.30
0.70
0.05
8.0
0.17
RE26-013
210285
425.30
425.90
0.60
0.02
5.1
0.10
RE26-014
207687
358.80
359.35
0.55
0.02
7.9
0.13
RE26-014
207688
359.35
360.00
0.65
0.03
8.2
0.15
RE26-014
207689
360.00
362.00
2.00
0.01
6.7
0.11
RE26-015
207711
324.00
325.25
1.25
0.08
10.7
0.23
LS26-006
210322
66.00
66.50
0.50
0.95
95.1
2.31
LS26-006
210323
66.50
67.00
0.50
1.48
203.0
4.38
LS26-006
210326
67.50
68.00
0.50
0.06
4.8
0.13
LS26-006
210334
105.50
106.00
0.50
0.08
6.3
0.17
LS26-006
210335
106.00
106.50
0.50
0.14
3.3
0.18
LS26-006
210337
107.10
107.75
0.65
0.06
7.0
0.16
LS26-006
210344
112.30
113.35
1.05
0.10
17.4
0.35
LS26-006
210349
115.60
116.25
0.65
0.24
12.6
0.42
LS26-006
210351
116.25
117.55
1.30
0.06
6.4
0.15
LS26-006
210352
117.55
118.30
0.75
1.49
50.7
2.21
LS26-006
210363
127.45
128.45
1.00
0.04
4.2
0.10
LS26-006
210367
134.40
135.40
1.00
0.05
5.9
0.14
LS26-006
210387
159.80
160.30
0.50
0.08
1.3
0.10
LS26-006
210388
160.30
160.80
0.50
0.18
3.5
0.23
LS26-006
210389
160.80
161.30
0.50
0.10
0.5
0.10
LS26-006
210390
161.30
161.80
0.50
0.09
2.6
0.13
LS26-006
210394
165.35
166.35
1.00
0.18
5.0
0.25
LS26-006
210401
172.35
173.85
1.50
0.09
5.7
0.17
LS26-006
210409
207.40
207.90
0.50
0.11
0.5
0.12
LS26-006
210419
259.35
260.00
0.65
0.12
0.5
0.13
LS26-006
210432
272.60
273.60
1.00
0.32
22.8
0.64
LS26-007
210478
54.60
55.40
0.80
0.75
1.1
0.77
LS26-007
210479
55.40
56.20
0.80
0.30
2.2
0.33
LS26-007
210483
58.20
58.75
0.55
0.95
53.7
1.71
LS26-007
210484
58.75
59.75
1.00
0.05
3.1
0.10
LS26-007
210501
81.90
83.00
1.10
0.68
21.5
0.99
LS26-007
210502
83.00
84.00
1.00
0.87
28.3
1.28
LS26-007
210503
84.00
85.10
1.10
1.30
36.0
1.81
LS26-007
210504
85.10
85.75
0.65
0.32
14.1
0.52
LS26-007
210505
85.75
86.35
0.60
0.56
43.7
1.18
LS26-007
210506
86.35
87.00
0.65
0.28
23.9
0.62
LS26-007
210508
88.00
88.65
0.65
0.85
19.1
1.12
LS26-007
210509
88.65
89.45
0.80
0.15
6.5
0.24
LS26-007
210512
92.00
93.00
1.00
0.21
12.0
0.38
LS26-007
210513
93.00
93.75
0.75
0.28
2.9
0.32
LS26-007
210514
93.75
94.40
0.65
0.05
4.1
0.11
LS26-007
210515
94.40
95.25
0.85
19.45
96.8
20.83
LS26-007
210518
98.00
99.00
1.00
0.15
1.5
0.17
LS26-007
210521
99.75
100.25
0.50
1.70
10.8
1.85
LS26-007
210528
110.00
111.00
1.00
0.06
3.4
0.11
LS26-007
210531
112.00
113.00
1.00
0.18
8.0
0.29
LS26-007
210536
118.00
120.00
2.00
0.28
0.5
0.29
LS26-007
210548
135.00
135.50
0.50
0.84
6.1
0.93
LS26-007
210549
135.50
136.10
0.60
0.05
4.0
0.11
LS26-007
210551
136.10
136.80
0.70
0.07
1.8
0.10
LS26-007
210556
140.40
141.05
0.65
0.09
6.5
0.18
LS26-007
210567
150.40
151.15
0.75
0.11
3.0
0.15
LS26-007
210599
221.90
222.55
0.65
0.12
2.0
0.15
LS26-007
210644
290.75
291.25
0.50
0.05
4.0
0.11
LS26-007
210647
293.15
294.00
0.85
2.04
5.8
2.12
LS26-007
210660
302.75
303.25
0.50
0.09
4.7
0.16
LS26-007
210662
304.70
305.55
0.85
0.11
1.8
0.13
*See gold equivalent (AuEq) formula in the ABOUT THE COPALQUIN SILVER GOLD PROJECT section
LA DURA PROJECT UPDATE
In December 2025, Mithril secured an exclusive option to acquire 100% of the 2,052-hectare La Dura gold-silver property in Durango, Mexico, approximately 20 km from the Copalquin Project.
The property hosts several historic workings, including the past-producing La Dura Mine. Initial work has included LiDAR and aerial magnetic surveys to advance targeting.
Accordingly, along with the initial payment of US$25K, 50,000 ordinary Mithril shares at A$0.51 per share will be issued to the vendor as part of the initial acquisition consideration and are subject to a four-month hold period.
ABOUT THE COPALQUIN SILVER GOLD PROJECT
The Copalquin mining district is located in Durango State, Mexico and covers an entire mining district of 70km2 containing several dozen historic silver and gold mines and workings, ten of which had notable production. The district is within the Sierra Madre Gold Silver Trend which extends north-south along the western side of Mexico and hosts many gold and silver districts.
Multiple mineralisation events, young intrusives thought to be system-driving heat sources, widespread alteration together with extensive surface vein exposures and dozens of historic mine workings, identify the Copalquin mining district as a major epithermal centre for Gold and Silver.
Within 15 months of drilling in the Copalquin District, Mithril delivered a maiden JORC mineral resource estimate at the first of several target areas (Target 1), demonstrating the high-grade gold and silver resource potential for the district. This maiden resource is detailed below (see ASX release 17 November 2021)^ and a NI 43-101 Technical Report filed on SEDAR+
Target 1 Maiden Resource:
Indicated 691 kt @5.43 g/t gold, 114 g/t silver for 121,000 oz gold plus 2,538,000 oz silver
Inferred 1,725 kt @4.55 g/t gold, 152 g/t silver for 252,000 oz gold plus 8,414,000 oz silver
(using a cut-off grade of 2.0 g/t AuEq*)
28.6% of the resource tonnage is classified as indicated
Table 4 Mineral resource estimate at Target 1 El Refugio – La Soledad using a cut-off grade of 2.0 g/t AuEq*
Tonnes
(kt)
Tonnes
(kt)
Gold
(g/t)
Silver
(g/t)
Gold Eq.* (g/t)
Gold
(koz)
Silver
(koz)
Gold Eq.* (koz)
El Refugio
Indicated
691
5.43
114.2
7.06
121
2,538
157
Inferred
1,447
4.63
137.1
6.59
215
6,377
307
La Soledad
Indicated
-
-
-
-
-
-
-
Inferred
278
4.12
228.2
7.38
37
2,037
66
Total
Indicated
691
5.43
114.2
7.06
121
2,538
157
Inferred
1,725
4.55
151.7
6.72
252
8,414
372
* In determining the gold equivalent (AuEq.) grade for reporting, a gold:silver price ratio of 70:1 was determined, using the formula: AuEq grade = Au grade + ((Ag grade/70) x (Ag recovery/Au recovery)). The metal prices used to determine the 70:1 ratio are the cumulative average prices for 2021: gold USD1,798.34 and silver: USD25.32 (actual is 71:1) from kitco.com.
For silver equivalent (AgEq.) grade reporting, the same factors as above are used with the formula AgEq grade = Ag grade + ((Au grade x 70) x (Au recovery/Ag recovery))
At this early stage, the metallurgical recoveries were assumed to be equal (93%). Subsequent preliminary metallurgical test work produced recoveries of 91% for silver and 96% for gold (ASX Announcement 25 February 2022) and these will be used when the resource is updated in the future. In the Company’s opinion there is reasonable potential for both gold and silver to be extracted and sold.
^ The information in this report that relates to Mineral Resources or Ore Reserves is based on information provided in the following ASX announcement: 17 Nov 2021 - MAIDEN JORC RESOURCE 529,000 OUNCES @ 6.81G/T (AuEq*), which includes the full JORC MRE report, also available on the Mithril Resources Limited Website.
The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
Mining study (conceptual) and metallurgical test work supports the development of the El Refugio-La Soledad resource with conventional underground mining methods indicated as being appropriate and with high silver-gold recovery to produce metal on-site with conventional processing. The average vein width is approximately 4.5 metres.
Mithril is currently exploring in the Copalquin District to expand the resource footprint, demonstrating its multi-million-ounce gold and silver potential. Mithril has an exclusive option to purchase 100% interest in the Copalquin mining concessions by paying US$10M on or any time before 7 August 2028.
-ENDS-
Released with the authority of the Board.
For further information contact:
The Australian Securities Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Competent Persons Statement - JORC
The information in this announcement that relates to metallurgical test results, mineral processing and project development and study work has been compiled by Mr John Skeet who is Mithril’s CEO and Managing Director. Mr Skeet is a Fellow of the Australasian Institute of Mining and Metallurgy. This is a Recognised Professional Organisation (RPO) under the Joint Ore Reserves Committee (JORC) Code.
Mr Skeet has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Skeet consents to the inclusion in this report of the matters based on information in the form and context in which it appears. The Australian Securities Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
The information in this announcement that relates to sampling techniques and data, exploration results and geological interpretation for Mithril’s Mexican project, has been compiled by Mr James Barr who is Mithril’s Vice President - Exploration. Mr Barr is a member of the Engineers and Geoscientists of British Columbia and a Certified Professional Geologist (P.Geo). This is a Recognised Professional Organisation (RPO) under the Joint Ore Reserves Committee (JORC) Code.
Mr Barr has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Barr consents to the inclusion in this report of the matters based on information in the form and context in which it appears.
The information in this announcement that relates to Mineral Resources is reported by Mr Rodney Webster, former Principal Geologist at AMC Consultants Pty Ltd (AMC), who is a Member of the Australian Institute of Geoscientists. The report was peer reviewed by Andrew Proudman, Principal Consultant at AMC. Mr Webster is acting as the Competent Person, as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, for the reporting of the Mineral Resource estimate. A site visit was carried out by Jose Olmedo a geological consultant with AMC, in September 2021 to observe the drilling, logging, sampling and assay database. Mr Webster consents to the inclusion in this report of the matters based on information in the form and context in which it appears
Qualified Persons – NI 43-101
Scientific and technical information in this Report has been reviewed and approved by Mr John Skeet (FAUSIMM, CP) Mithril’s Managing Director and Chief Executive Officer. Mr John Skeet is a qualified person within the meaning of NI 43-101.
Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada.
JORC Code, 2012 Edition – Table 1
Section 1 Sampling Techniques and Data
Criteria
JORC Code explanation
Commentary
Sampling techniques
Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.
Include reference to measures taken to ensure sample representativity and the appropriate calibration of any measurement tools or systems used.
Aspects of the determination of mineralisation that are Material to the Public Report.
In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.
Drill core samples are cut lengthwise with a diamond saw. Intervals are nominally 1 m but may vary between 0.5 m to 1.5 m based on geologic criteria.
The same side of the core is always sent to sample (left side of saw).
Reported intercepts are calculated as either potentially underground mineable (100m down hole) or as potentially open-pit mineable (near surface).
Potentially underground mineable intercepts are calculated as length weighted averages of material greater than or equal to 1 g/t AuEQ_70 allowing up to 2m of internal dilution.
Potentially open-pit mineable intercepts are calculated as length weighted averages of material greater than or equal to 0.25 g/t AuEQ_70 allowing for up to 2m of internal dilution.
Rock Sawn Channel samples underground and surface are collected with the assistance of a handheld portable saw. The channels are 2.5 to 3cm deep and 6-8 cm wide along continuous lines oriented perpendicular to the mineralized structure. The samples are as representative as possible
Rock Sawn Channel surface samples were surveyed with a Handheld GPS then permanently mark with an aluminium tag and red colour spray across the strike of the outcrop over 1 metre. Samples are as representative as possible
Rock Sawn Channel underground samples were located after a compass and tape with the mine working having a surveyed control point at the portal, then permanently marked with an aluminium tag and red colour spray oriented perpendicular to the mineralized structure. Samples are as representative as possible
Soil sampling has been carried out by locating pre-planned points by handheld GPS and digging to below the first colour-change in the soil (or a maximum of 50 cm). In the arid environment there is a 1 – 10 cm organic horizon and a 10 – 30 cm B horizon above the regolith. Samples are sieved to -80 mesh in the field. Samples are collected on a 20 m x 50 m grid or every 20 m on N–S lines 50 m apart. These samples are considered representative of the medium being sampled and lines are appropriately oriented to the nearly E–W structural trend.
Drilling techniques
Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).
Drilling is done with MP500 man-portable core rigs capable of drilling HQ size core to depths of 350-400m (depending on ground conditions), reducing to NQ size core for greater depths. Core is recovered in a standard tube.
Drill sample recovery
Method of recording and assessing core and chip sample recoveries and results assessed.
Measures taken to maximise sample recovery and ensure representative nature of the samples.
Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
Drill recovery is measured based on measured length of core divided by length of drill run.
Recovery in holes CDH-001 through CDH-025 and holes CDH-032 through CDH-077 was always above 90% in the mineralized zones. Detailed core recovery data are maintained in the project database.
Holes CDH-026 through CDH-031 had problems with core recovery in highly fractured, clay rich breccia zones.
There is no adverse relationship between recovery and grade identified to date.
Logging
Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.
The total length and percentage of the relevant intersections logged.
Geotechnical and geological logging of the drill core takes place on racks in the company core shed.
Core samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
Core logging is both qualitative or quantitative in nature. Photos are taken of each box of core before samples are cut. Photos of cut core intervals are taken after sampling. Core is wetted to improve visibility of features in the photos.
All core has been logged and photographed.
Rock sawn channel samples are marked, measured and photographed at location
Soil samples are recorded at location, logged and described
Sub-sampling techniques and sample preparation
If core, whether cut or sawn and whether quarter, half or all core taken.
If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.
For all sample types, the nature, quality and appropriateness of the sample preparation technique.
Quality control procedures adopted for all sub-sampling stages to maximise representativity of samples.
Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
Whether sample sizes are appropriate to the grain size of the material being sampled.
Core is sawn and half core is taken for sample.
Samples are prepared using ALS Minerals Prep-31 crushing, splitting and pulverizing. This is appropriate for the type of deposit being explored.
Visual review to assure that the cut core is ½ of the core is performed to assure representativity of samples.
Crushed core duplicates are split/collected by the laboratory and submitted for assay (1 in 30 samples)
Sample sizes are appropriate to the grain size of the material being sampled.
Rock sawn channel samples and soil samples are prepared using ALS Minerals Prep-31 crushing, splitting and pulverizing. This is appropriate for the type of deposit being explored.
Quality of assay data and laboratory tests
The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.
Samples are assayed for gold using ALS Minerals Au-AA25 method a 30 g fire assay with an AA finish. This is considered a total assay technique.
Samples are assayed for silver using ALS Minerals ME-ICP61 method. Over limits are assayed by silverOG63 and silverGRAV21. These are considered a total assay technique.
Standards and blanks are inserted at a rate of one per every 25 samples and one per every 40 samples, respectively. Pulp duplicate sampling is undertaken for 3% of all samples (see above). External laboratory checks will be conducted as sufficient samples are collected. Levels of accuracy (i.e. lack of bias) and precision have not yet been established.
Certified Reference Materials – Rock Labs and CDN CRMs have been used throughout the project including, low (~2 g/t Au), medium (~9 g/t Au) and high (~18g/t Au and ~40 g/t Au). Results are automatically checked on data import into the BEDROCK database to fall within 2 standard deviations of the expected value.
Samples with significant amounts of observed visible gold are also assayed by AuSCR21, a screen assay that analyses gold in both the milled pulp and in the residual oversize from pulverization. This has been done for holes CDH-075 and CDH-077.
Verification of sampling and assaying
The verification of significant intersections by either independent or alternative company personnel.
The use of twinned holes.
Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
Discuss any adjustment to assay data.
The verification of significant intersections by either independent or alternative company personnel has not been conducted. A re-assay programme of pulp duplicates is currently in progress.
MTH has drilled one twin hole. Hole CDH-072, reported in the 15/6/2021 announcement, is a twin of holes EC-002 and UC-03. Results are comparable.
Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols are maintained in the company’s core facility.
Assay data have not been adjusted other than applying length weighted averages to reported intercepts.
Location of data points
Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
Specification of the grid system used.
Quality and adequacy of topographic control.
Drill collar coordinates are currently located by handheld GPS. Precise survey of hole locations is planned. Downhole surveys of hole deviation are recorded using a Reflex Multishot tool for all holes. A survey measurement is first collected at 15 meters downhole, and then every 50 meters until the end of the hole. Locations for holes have been surveyed with differential GPS to a sub 10 cm precision.
UTM/UPS WGS 84 zone 13 N
High quality topographic control from LiDAR imagery and orthophotos covers the entire project area.
Data spacing and distribution
Data spacing for reporting of Exploration Results.
Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
Whether sample compositing has been applied.
Data spacing is appropriate for the reporting of Exploration Results.
The Resource estimation re-printed in this announcement was originally released on 17 Nov 2021
No sample compositing has been applied.
Orientation of data in relation to geological structure
Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
Cut lines are marked on the core by the geologists to assure that the orientation of sampling achieves unbiased sampling of possible structures. This is reasonably well observed in the core and is appropriate to the deposit type.
The relationship between the drilling orientation and the orientation of key mineralised structures is not considered to have introduced a sampling bias.
Rock sawn channel samples are cut perpendicular to the observed vein orientation wherever possible
Sample security
The measures taken to ensure sample security.
Samples are stored in a secure core storage facility until they are shipped off site by small aircraft and delivered directly to ALS Global sample preparation facility in Chihuahua, Mexico. ALS airfreights the sample pulps to their assaying facility in North Vancouver, BC, Canada
Audits or reviews
The results of any audits or reviews of sampling techniques and data.
A review with spot checks was conducted by AMC in conjunction with the resource estimate published 17 Nov 2021. Results were satisfactory to AMC.
Section 2 Reporting of Exploration Results
Criteria
JORC Code explanation
Commentary
Mineral tenement and land tenure status
Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
Concessions at Copalquin
No.
Concession
Concession Title number
Area (Ha)
Location
1
LA SOLEDAD
52033
6
Tamazula, Durango, Mexico
2
EL COMETA
164869
36
Tamazula, Durango, Mexico
3
SAN MANUEL
165451
36
Tamazula, Durango, Mexico
4
COPALQUIN
178014
20
Tamazula, Durango, Mexico
5
EL SOL
236130
6,000
Tamazula, Durango and Badiraguato, Sinaloa, México
6
EL CORRAL
236131
907.3243
Tamazula, Durango and Badiraguato, Sinaloa, México
Exploration done by other parties
Acknowledgment and appraisal of exploration by other parties.
Previous exploration by Bell Coast Capital Corp. and UC Resources was done in the late 1990’s and in 2005 – 2007. Work done by these companies is historic and non-JORC compliant. Mithril uses these historic data only as a general guide and will not incorporate work done by these companies in resource modelling.
Work done by the Mexican government and by IMMSA and will be used for modelling of historic mine workings which are now inaccessible (void model)
Geology
Deposit type, geological setting and style of mineralisation.
Copalquin is a low sulfidation epithermal silver-gold deposit hosted in andesite. This deposit type is common in the Sierra Madre Occidental of Mexico and is characterized by quartz veins and stockworks surrounded by haloes of argillic (illite/smectite) alteration. Veins have formed as both low-angle semi-continuous lenses parallel to the contact between granodiorite and andesite and as tabular veins in high-angle normal faults. Vein and breccia thickness has been observed up to 30 meters wide with average widths on the order of 3 to 5 meters. The overall strike length of the semi-continuous mineralized zone from El Gallo to Refugio, Cometa, Los Pinos, Los Reyes, La Montura to Constancia and Santa Cruz is almost 7 kilometres. The southern area from south west of Apomal to San Manuel and to Las Brujas-El Peru provides additional exploration potential up to 6km.
Drill hole Information
A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
easting and northing of the drill hole collar
• elevation or RL (Reduced Level – elevation above
sea level in metres) of the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.
See Table 2 and Figures 4 and 5 in the Announcement
Data aggregation methods
In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated.
Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
The assumptions used for any reporting of metal equivalent values should be clearly stated.
Potentially underground mineable intercepts are calculated as length weighted averages of material greater than or equal to 1 g/t AuEQ_70 allowing up to 2m of internal dilution.
Potentially open-pit mineable intercepts are calculated as length weighted averages of material greater than or equal to 0.25c g/t AuEQ_70 allowing for up to 2m of internal dilution.
No upper cut-off is applied to reporting intercepts.
Length weighted averaging is used to report intercepts. The example of CDH-002 is shown. The line of zero assays is a standard which was removed from reporting.
Au
Raw
silver
raw
Length
(m)
Au
*length
silver
*length
7.51
678
0.5
3.755
339
11.85
425
0.55
6.5175
233.75
0 0 0 0 0 0.306
16
1
0.306
16
0.364
31.7
1
0.364
31.7
3.15
241
0.5
1.575
120.5
10.7
709
0.5
5.35
354.5
15.6
773
0.5
7.8
386.5
From
To
Length
Au g/t
silver g/t
4.55
25.667
1481.9
91.95
96.5
4.55
5.64
325.7
In determining the gold equivalent (AuEq.) grade for reporting, a gold:silver price ratio of 70:1 was determined, using the formula: AuEq grade = Au grade + ((silver grade/70) x (silver recovery/Au recovery)). The metal prices used to determine the 70:1 ratio are the cumulative average prices for 2021: gold USD1,798.34 and silver: USD25.32 (actual is 71:1) from kitco.com At this early stage, the metallurgical recoveries are assumed to be equal (93%), Subsequent preliminary metallurgical test work produced recoveries of 91% for silver and 96% for gold (ASX Announcement 25 February 2022).
For Rock Saw Channel Sampling and soil sampling in the Copalquin District, silver equivalent (AgEq) is determined using the formula: AgEq grade = silver grade + ((Au grade x 70) x (Au recovery/silver recovery)). The metal prices used to determine the 70:1 ratio are the cumulative average prices for 2021: gold USD1,798.34 and silver: USD25.32 (actual is 71:1) fromkitco.com At this early stage, the metallurgical recoveries for Au and silver are assumed to be equal (93%) in the absence of metallurgical test work for Targets 2, 3, 4 and 5 material. In the Company’s opinion there is reasonable potential for both gold and silver to be extracted and sold.
Relationship between mineralisation widths and intercept lengths
These relationships are particularly important in the reporting of Exploration Results.
If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’).
True widths at Refugio between sections 120 and 1,000 vary according to the hole’s dip. Holes drilled at -50 degrees may be considered to have intercept lengths equal to true-widths, Holes drilled at -70 degrees had true widths approximately 92% of the reported intercept lengths and holes drilled at -90 degrees had true widths of 77% of the reported intercept lengths.
True widths at La Soledad are not fully understood and downhole intercepts to date, are reported.
At Las Brujas in Target 2, true widths are not yet known since we are still in the early stages of target definition.
Rock sawn channel samples are cut perpendicular to the observed vein orientation wherever possible
Diagrams
Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported. These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.
See figures in announcement
Balanced reporting
Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.
All exploration results are reported for intercepts greater than or equal to 0.1 g/t gold equivalent (gold plus silver at 70:1 price ratio for gold:silver).
Other substantive exploration data
Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
No additional exploration data are substantive at this time.
Metallurgical test work on drill core composite made of crushed drill core from the El Refugio drill hole samples has been conducted.
The samples used for the test work are representative of the material that makes up the majority of the Maiden Resource Estimate for El Refugio release on 17th November 2021.
The test work was conducted by SGS laboratory Mexico using standard reagents and test equipment.
Further work
The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).
Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
The Company drilled 148 diamond core holes from July 2020 to July 2022 for 32,712 m. The Company has stated its target to drill up to 45,000m from July 2025 until the second half of 2026.
Diagrams are included in the announcements and presentations showing the drill target areas within the Copalquin District
1 See Announcement dated 12 May 2026, MTH Drills 7.00 G/T Gold, 370 G/T Silver Over 9.65 M at T1
2 See Announcement 5 December 2025, MITHRIL TO ACQUIRE THE LA DURA GOLD-SILVER PROPERTY
3 See Announcement 25 February 2026, MITHRIL LIDAR STUDY REVEALS 1.5 KM TREND & HISTORIC MINES
4 See gold equivalent (AuEq) formula in the ABOUT THE COPALQUIN SILVER GOLD PROJECT section
NEW YORK CITY, NY / ACCESS Newswire / June 10, 2026 / Emerging Growth Research today announced the initiation of coverage on Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI), a physical AI ecosystem company focused on embodied AI robotics and intelligent mobility solutions. Emerging Growth Research is initiating coverage with a Buy-Emerging rating and a 12-month price target of $2.00 per share, representing substantial potential upside from the Company's recent share price of $0.31 at the close on June 9, 2026.
Key Highlights from the Initiation Report
Positioned to Participate in a Multi-Trillion-Dollar Robotics Opportunity
According to research cited in the report, the U.S. humanoid robotics market alone could ultimately represent a $3 trillion total addressable market. Faraday Future has established an embodied AI ecosystem focused on humanoid, quadruped, and automotive-focused robots designed to serve both consumer and commercial applications.
Growing Commercial Traction Evidenced by Rising Deposits and Robot Shipments
Faraday Future reported customer deposits of $13.8 million at the end of the first quarter of 2026, representing a 31% sequential increase from year-end 2025 levels. The Company also recently announced the shipment of 69 embodied AI robots during May 2026 and increased its FY2026 robot delivery target from 1,000 units to 1,500 units.
Diverse Product Portfolio Already Commercially Available
The Company currently offers three embodied AI robot platforms, including the Aegis quadruped robot, the Master humanoid companion robot, and the Futurist professional humanoid robot. These products target applications ranging from security and surveillance to education, hospitality, healthcare, research, and personal assistance.
Proprietary AI Ecosystem Creates Multiple Revenue Opportunities
Emerging Growth Research believes Faraday Future's integrated ecosystem strategy provides potential revenue streams beyond hardware sales. The Company's platform includes its EAI Brain, open-source developer platform, and Data Factory business, which is designed to generate recurring revenue through software licensing, data services, and AI-powered applications.
Significant Capital Raise Strengthens Financial Position
Although Faraday Future remains EBITDA and cash flow negative, the Company has successfully secured approximately $70 million in capital commitments during 2026. Emerging Growth Research believes this funding should support operations through the balance of FY2026 and into the first half of FY2027 while management executes its growth strategy.
Rapid Revenue Growth Forecast
Emerging Growth Research projects FY2026 revenue of approximately $12.5 million, representing growth of more than 2,200% compared to FY2025 revenue. Revenue is projected to increase further to approximately $64.2 million in FY2027 as robot deployments scale and commercialization efforts expand.
Valuation Supports $2.00 Price Target
The $2.00 price target is derived from a blended valuation methodology utilizing both a total addressable market (TAM) analysis and a discounted cash flow (DCF) model.
For a copy of the full Initiation Report, please visit:
https://emerginggrowth.com/profile/ffai/ (on the right side of the page as you scroll down)
About Faraday Future Intelligent Electric Inc.
Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) is a physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovations and technology.
About Emerging Growth Research
Emerging Growth Research is an independent equity research firm focused on providing institutional-quality analysis on emerging and growth-stage companies. The firm delivers research designed to enhance transparency, improve investor understanding, and broaden market awareness.
Contact:
Emerging Growth Research [email protected]
www.EmergingGrowth.com
Forward-Looking Statements
This press release contains forward-looking statements concerning business operations, product commercialization, robot deliveries, revenue projections, market opportunities, financing activities, and future growth prospects.
NEW YORK CITY, NY / ACCESS Newswire / June 10, 2026 / Emerging Growth Research today announced the release of its Initiation Report on Virtuix Holdings Inc. (NASDAQ:VTIX), assigning a Buy-Emerging rating and a 12-month price target of $9.00 per share, representing approximately 165% upside from the Company's recent share price of $3.40 as of June 9, 2026.
The initiation report covers Virtuix's market-leading, patent-protected, AI-driven virtual reality platform and its dual-use growth strategy spanning the consumer and defense markets. Emerging Growth Research believes current share prices reflect an unwarranted overreaction to strategy-unrelated selling pressure, creating a compelling entry point for long-term investors ahead of an expected hockey stick revenue inflection in calendar 2027 and beyond.
Key Highlights from the Initiation Report
Market-Leading, Patent-Protected Consumer VR Platform
Virtuix's Omni One omni-directional treadmill is the premier full-body VR movement system for consumers, enabling users to walk and run 360 degrees inside virtual reality games and fitness applications. With 25 granted patents (and 5 pending), 3,000 units/month production capacity equivalent to $100 million in annual revenue, and a new distribution partnership with Meta's six million Quest headset user base, Virtuix is ready to scale into rapidly growing VR, gaming, and fitness markets.
Emerging Defense Opportunity Adds Significant Upside
Virtuix's Virtual Terrain Walk (VTW) platform enables military personnel to physically walk through geo-specific virtual terrain for immersive mission planning and rehearsal. The Company has secured initial contracts and funding from the U.S. Air Force (SBIR Phase 1), U.S. Marine Corps, and U.S. Navy, with additional sales to West Point, the U.S. Air Force Academy, and Yokota Air Force Base. Defense gross margins are estimated at 60-70%. Management is also actively pursuing defense M&A targeting cash flow positive companies with $10-$50 million in revenue.
Revenue Growth Expected to Display Hockey Stick Profile in CY 2027+
Emerging Growth Research estimates approximately 20% revenue growth in fiscal 2027, followed by approximately 300% growth in fiscal 2028 as consumer and defense markets accelerate. Trailing nine-month revenue through December 2025 increased 41% year-over-year, with consumer December 2025 sales up 60% versus December 2024. Near-term reported growth is expected to remain muted through calendar H1 2026 due to prior-year order backlog comparisons, before resuming a strong upward trajectory.
Share Price Decline Reflects Unmerited Selling, Not Business Fundamentals
Since its January 2026 IPO at $8.75, VTIX shares have experienced significant selling pressure following a small, predetermined 10b5-1 share sale by the Company's CEO - representing approximately 10% of his holdings - that was established long before the IPO and could not be altered or cancelled. Emerging Growth Research views the resulting share price decline as an overreaction, and notes that shares have begun to recover, rising approximately 25% off May 2026 lows. With $9.5 million in cash on the balance sheet as of March 31, 2026, the Company is funded through calendar year 2026 without requiring additional external financing.
or
https://emerginggrowth.com/profile/vtix/ (on the right side of the page as you scroll down)
About Virtuix Holdings Inc.
Virtuix Holdings Inc. (NASDAQ:VTIX) is the creator of the Omni, the premier brand of omni-directional treadmills that enable users to physically walk and run 360 degrees inside virtual reality games, fitness applications, and defense training environments. Founded in 2013 and headquartered in the United States, Virtuix commenced trading on the Nasdaq in early 2026. The Company operates a vertically integrated business spanning product design, game development, manufacturing, and distribution, and holds 25 granted patents with 5 additional patents pending.
About Emerging Growth Research
Emerging Growth Research is an independent equity research firm focused on providing institutional-quality analysis on emerging and growth-stage companies. The firm delivers research designed to enhance transparency, improve investor understanding, and broaden market awareness.
This press release contains forward-looking statements concerning business operations, development plans, revenue projections, defense contracting activity, merger and acquisition prospects, and valuation estimates. These statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied. Important risk factors include, but are not limited to, consumer adoption rates, defense contract timing and procurement delays, geopolitical and tariff exposure, share dilution from warrants and convertible debt, the expiry of IPO lock-up provisions on July 27, 2026, and the Company's ability to execute on its growth strategy in both consumer and defense markets.
A person walks by a Target store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 10 (Reuters) - (This June 10 story has been refiled to clarify that Target's $2 billion investment was additional to a previous $4 billion investment, in paragraph 11)
Target (TGT.N), opens new tab shareholders on Wednesday rejected an investor proposal to separate the roles of board chair and executive leadership, according to two sources with direct knowledge of the vote.
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The result allows former CEO Brian Cornell to remain as executive chair despite mounting pressure from investors for a more independent voice.
A shareholder proposal calling for publishing reports on pesticides in private-label products and efforts to reduce microfiber emissions from its products also failed to pass at Target's annual general meeting, the people said.
While preliminary voting numbers were not revealed yet, all director nominees were elected, they added.
Target declined to comment.
Target has struggled to keep pace with rivals such as Walmart and Costco (COST.O), opens new tab as inflation-weary consumers gravitate toward lower prices, weighing on the company's sales and margins.
The retailer has lost roughly half of its market value since 2021, raising concerns about strategy and execution.
Recent results showed signs of recovery, but Target has cautioned that a tough macroeconomic environment could continue to pressure demand.
Concerns over governance intensified after Target transitioned long-time CEO Brian Cornell to executive chairman, a position that has operational oversight over successor Michael Fiddelke, who took the helm in February.
Under Cornell, Target struggled with merchandising missteps, and decisions such as backing away from diversity, equity and inclusion initiatives (DEI), which hurt sales and customer loyalty.
Fiddelke said in March that Target will invest an additional $2 billion this year - on top of a previously-announced $4 billion - to ensure well-stocked merchandise and to sharpen prices to better compete with aggressive discounting by Walmart, Amazon and off-price chains.
Reporting by Sanskriti Shekhar in Bengaluru; Editing by Arun Koyyur and Christopher Cushing
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Nicholas P. Brown covers retail and consumer issues for Reuters. He was formerly the news agency’s San Juan bureau chief, leading coverage of Puerto Rico’s economic and humanitarian crises, as well as its award-winning on-the-ground coverage of Hurricane Maria. Most recently, Nick was part of the team that reported Slavery’s Descendants, a seven-part series on the economic legacy of American slavery. The series won an Online News Association award; a National Association of Black Journalists award; a pair of National Headliner awards; and was a finalist in three Deadline Club awards. Since joining Reuters in 2011, Nick has written about everything from bankruptcy law to the rise of white nationalism, deploying to the occasional natural disaster (including Hurricanes Harvey in Texas and Dorian in the Bahamas). He also covered Super Bowl LIV in Miami, and enjoyed it immensely. Contact:
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.16 per common share, a 1.8% increase from the prior quarterly dividend of $1.14. The dividend is payable September 1, 2026 to shareholders of record at the close of business August 12, 2026. The 3rd quarter dividend will be the company's 236th consecutive dividend paid since October 1967 when the company became publicly held. With the increase announced today, 2026 is on track to be the 55th consecutive year in which Target has increased its annual dividend.
About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.
Data demonstrate favorable safety and tolerability profile, robust B-cell depletion, and encouraging platelet responses in heavily pretreated patients with primary immune thrombocytopenia
Enrollment ongoing in the high dose cohort, with additional data anticipated by year-end 2026
WELLESLEY HILLS, Mass., June 11, 2026 (GLOBE NEWSWIRE) -- Climb Bio, Inc. (Nasdaq: CLYM), a clinical stage biotechnology company developing therapeutics for patients with immune-mediated diseases, today announced initial data from the ongoing Phase 1b portion of its Phase 1b/2a study evaluating budoprutug, an anti-CD19 monoclonal antibody, in adults with primary immune thrombocytopenia (ITP) demonstrating an encouraging safety and tolerability profile, robust B-cell depletion, and meaningful platelet responses in heavily pretreated patients. The initial data are being presented at the European Hematology Association (EHA) Congress 2026, which is being held on June 11-14, 2026, in Stockholm, Sweden.
The ongoing Phase 1b/2a study is evaluating budoprutug in patients with primary ITP to inform dose and regimen selection and assess safety and the depth and duration of platelet response and B-cell depletion. Initial safety and efficacy data are available from the 250 mg cohort, and initial safety data are available from the 500 mg cohort. Enrollment in the 1000 mg cohort is ongoing.
“Patients with chronic ITP often cycle through multiple therapies without achieving a sustained response,” said Edgar D. Charles, M.D., Chief Medical Officer of Climb Bio. “These initial data suggest that targeting CD19 with budoprutug may offer a differentiated approach in ITP, enabling robust B-cell depletion, durable platelet responses, and an acceptable safety and tolerability profile. Importantly, we observed platelet responses in several patients who had been previously treated with rituximab, highlighting the potential to address a high unmet need population where available treatment options remain limited. Taken together, these data demonstrate biological activity of budoprutug in ITP, and importantly, provide proof-of-concept in a non-renal autoimmune indication. We look forward to sharing additional data from this study later in the year.”
Study Design and Data Highlights
The Phase 1b portion of the Phase 1b/2a study (NCT07043946) is evaluating three ascending doses (250 mg, 500 mg and 1000 mg) of intravenous budoprutug, administered in two doses 14 days apart, in adults with primary ITP who have received at least one prior therapyAs of June 1, 2026, 15 patients had been enrolled across the 250 mg (n=6) and 500 mg (n=9) dose cohorts, median follow-up was 38 weeks and 12 weeks for the 250 mg and 500 mg cohorts respectively.Patients enrolled were heavily pretreated, with a median of 6 to 7.5 prior lines of therapy and disease duration ranging from 0.5 to 40 yearsBudoprutug was generally well tolerated at both the 250 mg and 500 mg dose levels, with no serious adverse events, no treatment discontinuations due to adverse events, and no infusion related reactions; all adverse events were Grade 1 to Grade 2In the 250 mg dose cohort, B-cell levels were depleted by an average of over 90% by Week 4 and mean platelet count increased by 111,000 platelets/µL at Week 24Durable platelet responses were achieved in four out of six patients in the 250 mg dose cohort, with two out of six patients experiencing platelet levels >100 x 103/µL for over 24 weeks Of the four patients who had previously been treated with rituximab, three responded to treatment with budoprutug, two with durable and complete responses Results to date support continued clinical evaluation of budoprutug in ITP; enrollment in the 1000 mg cohort is ongoing The poster presentation is available on the Pipeline & Science—Publications page of the Company’s website here.
About Climb Bio, Inc.
Climb Bio, Inc. is a clinical-stage biotechnology company with a mission to deliver high impact, disease-modifying medicines for individuals living with immune-mediated diseases, including those affecting kidney health. The Company’s pipeline includes, budoprutug, an anti-CD19 monoclonal antibody that has potential to treat a broad range of B-cell mediated diseases, and CLYM116, an anti-APRIL monoclonal antibody being developed for IgA nephropathy. For more information, please visit climbbio.com.
About Budoprutug
Budoprutug is a clinical-stage, anti-CD19 monoclonal antibody with the potential to address a broad range of B-cell mediated, immune-driven diseases. Designed with enhanced effector function and low picomolar affinity, budoprutug targets and depletes CD19-expressing B cells, including plasmablasts and certain plasma cells, key sources of pathogenic autoantibodies. Early clinical data suggest budoprutug may offer durable B-cell depletion, rapid reductions in autoantibodies, and clinical remission in primary membranous nephropathy (pMN). Budoprutug is being evaluated in clinical trials for pMN, immune thrombocytopenia (ITP), and systemic lupus erythematosus (SLE). A subcutaneous formulation is also in development to enable broader patient access. Budoprutug has been granted Orphan Drug Designation and Fast Track Designation by the FDA for the treatment of pMN.
About Immune Thrombocytopenia
Immune thrombocytopenia (“ITP”) is a rare autoimmune disorder characterized by low platelet counts and an increased risk of bleeding, which can include serious mucosal, gastrointestinal and intracranial bleeding events. There are approximately 85,000 ITP patients in the United States alone. Approximately 40% to 50% of patients require chronic therapy over time, and approximately 20% fail multiple lines of therapy, underscoring the need for novel disease-modifying approaches with the potential to deliver durable responses while maintaining a favorable safety and tolerability profile.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding: future expectations, plans and prospects for Climb Bio; expectations regarding the therapeutic benefits, clinical potential and clinical development of budoprutug; the anticipated timelines for announcing data from Climb Bio’s ongoing and planned clinical trials; the anticipated timelines for enrolling patients in Climb Bio’s ongoing and planned clinical trials; plans for the development strategy for budoprutug; potential commercial opportunity for budoprutug in immune thrombocytopenia; and other statements containing the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “suggest,” “target,” “would,” “will,” “working” and similar expressions. Forward-looking statements are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in, or implied by, such forward-looking statements. Climb Bio may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, important risks and uncertainties associated with: the ability of Climb Bio to timely and successfully achieve or recognize the anticipated benefits of its acquisition of Tenet Medicines, Inc. and its technology transfer and exclusive license agreement with Beijing Mabworks Biotech Co., Ltd.; Climb Bio’s ability to advance budoprutug and CLYM116 on the timelines expected or at all and to obtain and maintain necessary approvals from the U.S. Food and Drug Administration and other regulatory authorities; obtaining and maintaining the necessary approvals from investigational review boards at clinical trial sites and independent data safety monitoring boards; replicating in clinical trials positive results found in early-stage clinical trials or nonclinical studies; competing successfully with other companies that are seeking to develop treatments for primary membranous nephropathy, immune thrombocytopenia, systemic lupus erythematosus, IgA nephropathy and other immune-mediated diseases; maintaining or protecting intellectual property rights related to budoprutug, CLYM116 and/or its other product candidates; managing expenses; changes in applicable laws or regulation; the possibility that Climb Bio may be adversely affected by other economic, business and/or competitive factors; and raising the substantial additional capital needed, on the timeline necessary, to continue development of budoprutug, CLYM116 and any other product candidates Climb Bio may develop. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Climb Bio’s actual results to differ materially from those contained in the forward-looking statements, see the “Risk Factors” section, as well as discussions of potential risks, uncertainties and other important factors, in Climb Bio’s most recent filings with the U.S. Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Climb Bio’s views as of the date hereof and should not be relied upon as representing Climb Bio’s views as of any date subsequent to the date hereof. Climb Bio anticipates that subsequent events and developments will cause Climb Bio’s views to change. However, while Climb Bio may elect to update these forward-looking statements at some point in the future, Climb Bio specifically disclaims any obligation to do so, except as required by law.
Investors and Media
Carlo Tanzi, Ph.D.
Kendall Investor Relations [email protected]
Susquehanna analyst Mehdi Hosseini recently slapped a $1,750 price target on Micron (NASDAQ:MU | MU Price Prediction). The stock is trading at below $900, which means the call implies the shares would have to roughly double from here. The number is conspicuous enough that we should treat it as a high-end outlier rather than a Street base case. The 3-month analyst consensus target sits at $939, which is already below where the stock trades. So before anyone gets excited, the honest framing is this. A loud bull is pricing in another leg up. The average sell-side analyst thinks Micron has already overshot. That gap is the entire story.
The question worth chewing on is whether Micron is genuinely cheap at $891, or whether it has run ahead of even the optimists.
The bull case behind a $1,750 call Start with the earnings. Fiscal Q2 2026 revenue came in at $23.86 billion, beating consensus of $19.51 billion by 22.28%, and non-GAAP EPS of $12.20 blew past the $8.73 estimate. GAAP gross margin expanded to 74.4% from 36.8% a year earlier. Operating income went from $1.77 billion to $16.14 billion. Free cash flow grew 837.36% year over year to $6.90 billion.
Then there is the guide. Micron is telling you fiscal Q3 revenue will land at $33.50 billion, with non-GAAP EPS of $19.15 and gross margin around 81%. Margins like that used to be reserved for software companies, not commodity memory.
CEO Sanjay Mehrotra framed the moment plainly. “In the AI era, memory has become a strategic asset for our customers, and we are investing in our global manufacturing footprint to support their growing demand.” The board backed that view by approving a 30% dividend increase to $0.15 per share, alongside $650 million in buybacks during the first half of the fiscal year.
NVIDIA (NASDAQ:NVDA) recently certified Micron as an HBM4 supplier for the Vera Rubin platform, which matters because high-bandwidth memory is the part of the bill of materials AI customers actually fight over. On a forward earnings basis, the stock trades at 9x. If you believe Micron has structurally escaped its old commodity cycle, that multiple is the bull thesis in one digit.
The bear case staring back The stock is up 668% over the past year and 183% year to date. Memory is still a cyclical business. When supply catches up to demand, the same operating leverage that drove margins to 74.4% works in reverse.
Most of those gains can be given back in a matter of a few weeks if there’s any indication that these earnings are temporary. The moment Wall Street catches wind that AI hasn’t changed memory’s cyclical nature, this is a stock that will plunge. That said, there’s no such indication of that yet.
Is Micron actually cheap? Both sides have a real argument, which is what makes this interesting. At 8x forward earnings, Micron looks absurdly cheap if you accept the guide and assume HBM demand stays tight through the Vera Rubin cycle. At 42x trailing earnings, with the stock up nearly eightfold in a year and insiders trimming, it looks like a momentum trade that has lapped its own fundamentals.
For long-term holders, the figure that matters is the fiscal Q3 print, where Micron has guided to $33.50 billion in revenue and $19.15 in EPS. Hit those numbers cleanly and the bull camp gets its proof. Miss, or guide softly into fiscal 2027, and a stock trading at these levels has nowhere comfortable to hide. The $1,750 call is a bet that this cycle is different. The rest of Wall Street, for now, is not quite ready to make it.
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.
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Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and 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 trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
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 The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
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That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
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: Target (TGT - Free Report) Founded in 1902, Target Corporation offers guests fashionable, differentiated merchandise and everyday essentials at discounted prices. Its assortment spans the company’s core merchandise categories, including Apparel & Accessories, Beauty, Food & Beverage, Hardlines, Home Furnishings & Décor, and Household Essentials. Target enables guests to purchase products seamlessly in stores or through its digital channels, and it leverages stores as fulfillment hubs. In addition to merchandise sales, Target generates revenues from other sources, most notably advertising revenues and credit card profit-sharing income. Other capabilities include Roundel, Target Plus and membership fees, including paid Target Circle 360. Target’s Shipt subsidiary facilitates delivery services, including same-day delivery to guests.
TGT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 15.32; value investors should take notice.
15 analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.31 to $8.35 per share. TGT also boasts an average earnings surprise of +8.2%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, TGT should be on investors' short list.
Target shares are testing new highs. Why did TGT hit a new high? Price‑target increases from major firms often act as short‑term catalysts because they signal stronger confidence in earnings momentum, margin recovery and the company's ongoing turnaround.
Yesterday's Dividend Increase Reinforced The Bull CaseThe move builds on positive news from Thursday, when Target's board approved a quarterly dividend increase from $1.14 to $1.16 per share. It marks the company's 55th consecutive year of raising its annual dividend and its 236th straight quarterly payout since 1967.
Target Stock: Key Technical Levels To WatchTarget continues to hold a strong trend structure. The stock trades about 8% above both the 20‑day and 50‑day simple moving averages, roughly 13% above the 100‑day, and about 27% above the 200‑day. The 20‑day sits above the 50‑day, and the golden cross that formed in January, when the 50‑day moved above the 200‑day, keeps the longer‑term trend pointed higher.
Momentum supports that strength. MACD is above its signal line and the histogram is positive, which signals improving upside pressure compared with the prior pullback. When MACD holds above the signal line, it usually reflects sellers losing control while buyers continue to press the trend.
With price now above the prior 52‑week high at $133.10, that former ceiling can begin acting as support if the breakout holds.
Key Support: $117.00 — a nearby level where buyers stepped in previously and the closest reference point if the breakout retests lower Target Stock: Benzinga Edge Rankings BreakdownBelow is the Benzinga Edge scorecard for Target, highlighting its strengths and weaknesses compared to the broader market:
The Verdict: Target’s Benzinga Edge signal reveals a momentum-led setup with supportive quality and value scores, which fits the stock's breakout behavior on the chart. If momentum cools, traders will likely watch whether the stock can hold prior breakout areas as support rather than giving back the move quickly.
TGT Shares Are RisingTGT Price Action: Target shares were up 2.25% at $135.62 at the time of publication on Friday. The stock is trading at a new 52-week high, according to Benzinga Pro.
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Shares of Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) are up 5% in Friday trading, changing hands near $512 in the afternoon. The move comes after Citi delivered one of the most aggressive bull calls on the stock to date, putting a fresh spotlight on the AI accelerator narrative.
Citi analyst Atif Malik upgraded AMD shares from Neutral to Buy and lifted his price target from $460 to $575. That’s well above the prevailing average sell-side target of $421.49 and frames a sharp question for investors: After a monster rally, is AMD stock still too cheap?
The shares have already had a remarkable run, with AMD up 128% year to date (YTD) through Thursday’s close. Today’s gain extends that move and pushes the stock back toward the upper end of its 52-week range high of $546.44.
Citi’s Bull Case: GPU Upside Not Priced In Malik’s core thesis is that AMD’s graphics processing unit (GPU) story remains underappreciated. He argues that the market still treats AMD primarily as a central processing unit (CPU) stock, which leaves meaningful room for re-rating as the GPU narrative gains traction with institutional buyers.
The analyst describes AMD as “emerging as a legit second source” in the GPU market, a category long dominated by NVIDIA (NASDAQ:NVDA). Citi also believes AMD is well positioned to capture the “lion’s share” of accelerator business at Meta Platforms (NASDAQ:META).
That call lines up with AMD’s recent disclosures. The company has already announced a partnership with Meta Platforms for up to 6 gigawatts of Instinct GPUs, along with a similar-scale OpenAI deployment and an Oracle (NYSE:ORCL) cloud build-out using 27,000-plus MI355X accelerators.
Fundamentals Backing the Upgrade The Citi note arrives just weeks after Advanced Micro Devices posted a strong Q1 FY2026 report. The chip designer’s revenue reached $10.25 billion, up 38% year over year (YoY), while non-GAAP earnings per share came in at $1.37, beating consensus by 6%.
AMD’s Data Center revenue was the standout at $5.78 billion, growing 57% YoY on EPYC and Instinct GPU demand. Free cash flow surged to $2.57 billion, a sign that the AI buildout is translating to real cash generation rather than just bookings.
Furthermore, Advanced Micro Devices’ management guided Q2 2026 revenue to roughly $11.2 billion, implying 46% YoY growth, with non-GAAP gross margin expanding to around 56%. CEO Lisa Su stated, “Customer engagement around MI450 Series and Helios is strengthening, with leading customer forecasts exceeding our initial expectations.”
The Run-Up Raises the Bar The counterpoint is straightforward. AMD stock has already moved sharply, and the valuation is demanding by any traditional measure. Advanced Micro Devices’ trailing P/E ratio of 159x and forward P/E ratio of 68x leave little margin for execution missteps on the MI450 ramp.
Retail sentiment reflects some of that skepticism. A widely upvoted WallStreetBets thread earlier this week argued that “AMD’s price has massively detached from forward earnings expectations,” and bearish chatter has clustered around capital allocation questions, including a flagged $350 million investment in a customer that buys AMD chips.
A single analyst target, however bold, doesn’t guarantee a path to $575. However, with 36 Buy and 5 Strong Buy ratings versus zero sells, the Street is broadly aligned with the bull thesis even as valuation discipline remains a live debate. Bank of America also recently lifted its AMD price target to $560 from $500, suggesting Citi isn’t alone in seeing more room to run.
What to Watch Now Investors can watch for whether today’s gains hold into the close and whether other sell-side firms follow Citi with their own AMD stock price target hikes. The MI450 ramp in the second half of the year remains the single biggest catalyst on the calendar, and any incremental hyperscaler win could reset numbers again.
For those already long, the prudent move may be reviewing their position sizing now that AMD shares have more than doubled in 2026. The bull case is intact and Citi’s reasoning is coherent, but the entry point is no longer cheap by any conventional metric, which raises the bar for higher price targets.
, /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced voting results from its 2026 Annual Meeting of Shareholders held on June 10, 2026 ("Annual Meeting"). Shareholders elected all 12 nominees for the board of directors, ratified the appointment of Target's independent registered public accounting firm, approved the advisory "Say on Pay" management proposal, approved the Amended and Restated Target Corporation 2020 Long-Term Incentive Plan, and rejected three shareholder proposals.
The Carideo Group, the independent Inspector of Election, has certified all voting results for the Annual Meeting. The final tabulation indicates that 392,543,988 shares were voted, representing approximately 86.4 percent of Target's outstanding shares as of the record date.
The final tabulation of votes for each proposal is as follows. Voting percentages may not foot due to rounding.
1. Shareholders elected each of the following board nominees for a one-year term:
Nominee
Percent For
Percent Against
David P. Abney
97.5
2.5
George S. Barrett
89.9
10.1
Gail K. Boudreaux
97.0
3.0
Stephen B. Bratspies
98.3
1.7
Brian C. Cornell
87.2
12.8
Robert L. Edwards
97.2
2.8
Michael J. Fiddelke
99.1
0.9
John R. Hoke III
98.8
1.2
Christine A. Leahy
88.5
11.5
Monica C. Lozano
95.2
4.8
Derica W. Rice
96.5
3.5
Dmitri L. Stockton
95.5
4.5
2. Shareholders ratified the appointment of Ernst & Young LLP as Target's independent registered accounting firm for fiscal 2026:
Percent
For 93.5
Against 6.3
Abstain 0.2
3. Shareholders approved, on an advisory basis, Target's executive compensation ("Say on Pay"):
Percent
For 89.0
Against 11.0
4. Shareholders approved the Amended and Restated Target Corporation 2020 Long-Term Incentive Plan:
Percent
For 95.0
Against 4.3
Abstain 0.7
5. Shareholders did not approve a shareholder proposal requesting a policy requiring the Board Chair to be an independent director:
Percent
For 38.1
Against 61.4
Abstain 0.5
6. Shareholders did not approve a shareholder proposal requesting a report on presence of pesticides in Target's private label brands:
Percent
For 16.9
Against 81.6
Abstain 1.5
7. Shareholders did not approve a shareholder proposal requesting a report on reducing plastic microfiber shedding:
Percent
For 18.4
Against 80.3
Abstain 1.3
About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.
Target on Friday said its shareholders rejected a proposal to separate the roles of board chair and executive leadership, with 38.1% votes in support — above the 29% level achieved by a similar measure in 2024.
Investors choosing between ARK Space & Defense Innovation ETF (ARKX 1.95%) and U.S. Global Jets ETF (JETS +1.93%) must weigh a pure-play airline focus against a broader, tech-heavy space-and-defense strategy.
Both exchange-traded funds target the broader aerospace theme but through fundamentally different lenses. While the U.S. Global Jets ETF concentrates on the day-to-day operations of commercial aviation and global carriers, the ARK Space & Defense Innovation ETF expands its reach to orbital technology, suborbital flights, and defense innovation. Understanding these nuances is essential because the airline industry often responds to consumer travel demand, while space and defense innovation may be driven by government contracts and technological breakthroughs. This comparison explores how these differing exposures influence cost, risk profiles, and portfolio composition for long-term holders seeking to capture growth in the skies and beyond.
Snapshot (cost & size)MetricJETSARKXIssuerUS GlobalARKExpense ratio0.6%0.75%1-yr return (as of May 27, 2026)28.7%71.8%Dividend yield0.8%NoneBeta1.181.38Assets under management (AUM)$865.2 million$717.3 millionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
The ARK Space & Defense Innovation ETF is the more expensive option, charging a 0.75% expense ratio compared to the 0.6% fee charged by the U.S. Global Jets ETF. While the 0.15 percentage point difference may seem minor, it could impact total returns as compounding takes effect over a long-term investment horizon.
Performance & risk comparisonMetricJETSARKXMax drawdown (4 yr)(35.2%)(25.6%)Growth of $1,000 over 4 years (total return)$1,423$2,411What's insideThe ARK Space & Defense Innovation ETF (ARKX) focuses on orbital and suborbital aerospace, with 56% of its portfolio in industrials and 27% in technology. It manages a portfolio of 45 holdings, and its largest positions include Rocket Lab (RKLB 10.91%) at 9.39%, Advanced Micro Devices (AMD +4.73%) at 7.75%, and L3Harris (LHX 1.45%) at 7.15%. This actively managed fund was launched in 2021.
The U.S. Global Jets ETF (JETS) tracks a more industry-specific group of 42 holdings, with 89% of its holdings in industrials. Its largest positions include Delta Air Lines (DAL +1.50%) at 12.66%, American Airlines Group (AAL +2.25%) at 12.62%, and United Airlines Holdings (UAL +2.58%) at 11.07%. The portfolio is designed to provide exposure to the entire global airline ecosystem, including regional carriers and aircraft manufacturers, which explains its heavy concentration in industrial companies. This fund was launched in 2015.
For more guidance on ETF investing, check out the full guide at this link.
Which looks like the better buyThe ARK Space & Defense Innovation ETF (ARKX) and U.S. Global Jets ETF (JETS) are both exchange-traded funds (ETFs). However, they cover slightly different market segments. Let’s explore how they stack up with one another.
First, there’s ARKX. This fund is focused on the space and defense sectors. Indeed, this fund leans into the emerging technology theme, with significant holdings in private space launch company Rocket Lab, semiconductor powerhouse AMD, and artificial intelligence (AI) stalwart Palantir. The fund has performed particularly well over the last year, generating a total return of nearly 72%. However, since its inception in 2021, the fund has generated a total return of 84%, with a compound annual growth rate (CAGR) of 12.6%. That’s slightly less than the benchmark S&P 500, which has generated a total return of 105%, with a CAGR of 14.9% over the same period. Finally, the fund has a hefty expense ratio of 0.75% and pays no dividend.
Next, there’s JETS. This fund covers the airline sector. Top holdings include the major U.S. carriers, such as American Airlines, Delta Air Lines, and United Airlines, as well as smaller carriers such as Allegiant Travel, Alaska Air, and SkyWest. The fund has underperformed since its inception in 2015. During that time, JETS has generated a total return of 28%, with a CAGR of only 2.3%. The S&P 500, by contrast, has generated a total return of 332% over the same period, with a CAGR of 14.1%. Lastly, the fund has an expense ratio of 0.60% and a dividend yield of 0.8%.
In summary, JETS and ARKX differ in many ways. ARKX is a growth-oriented fund, focused on emerging technologies. JETS is a classic sector fund that primarily covers the U.S. domestic air travel industry. ARKX has a significant performance edge, making it the choice for most growth-oriented investors. However, the fund’s high expense ratio (0.75%) may give cost-conscious investors pause.
Jake Lerch has positions in Rocket Lab and has the following options: long December 2026 $30 puts on Rocket Lab. The Motley Fool has positions in and recommends Advanced Micro Devices, L3Harris Technologies, Palantir Technologies, and Rocket Lab. The Motley Fool recommends Alaska Air Group, Allegiant Travel, and Delta Air Lines. The Motley Fool has a disclosure policy.
Delta Airlines President Peter Carter speaks at the International Air Transport Association (IATA) on Middle East, Rhiad flights and premium travel. -------- More on Bloomberg Television and Markets Like this video?
Delta Air Lines (DAL - Free Report) closed the most recent trading day at $78.21, moving -1.52% from the previous trading session. This change lagged the S&P 500's 0.3% gain on the day. Meanwhile, the Dow experienced a drop of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.86%.
Prior to today's trading, shares of the airline had gained 8.3% outpaced the Transportation sector's gain of 4.42% and the S&P 500's gain of 1.92%.
The investment community will be closely monitoring the performance of Delta Air Lines in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.49, marking a 29.05% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $17.42 billion, up 4.65% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.37 per share and a revenue of $65.37 billion, indicating changes of -7.73% and +3.17%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Delta Air Lines. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate has moved 0.5% higher within the past month. At present, Delta Air Lines boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Delta Air Lines has a Forward P/E ratio of 14.78 right now. Its industry sports an average Forward P/E of 11.17, so one might conclude that Delta Air Lines is trading at a premium comparatively.
Investors should also note that DAL has a PEG ratio of 1.12 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Transportation - Airline industry had an average PEG ratio of 0.98.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 193, which puts it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
United Airlines (UAL - Free Report) closed at $105.14 in the latest trading session, marking a -3.38% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.74% for the day. Meanwhile, the Dow experienced a drop of 1.21%, and the technology-dominated Nasdaq saw a decrease of 0.89%.
The airline's stock has climbed by 16.17% in the past month, exceeding the Transportation sector's gain of 1.93% and the S&P 500's gain of 5.39%.
The investment community will be paying close attention to the earnings performance of United Airlines in its upcoming release. It is anticipated that the company will report an EPS of $1.9, marking a 50.9% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $17.58 billion, indicating a 15.41% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.63 per share and a revenue of $66.59 billion, signifying shifts of -9.32% and +12.72%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for United Airlines. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.79% higher. United Airlines presently features a Zacks Rank of #4 (Sell).
In the context of valuation, United Airlines is at present trading with a Forward P/E ratio of 11.3. Its industry sports an average Forward P/E of 11.25, so one might conclude that United Airlines is trading at a premium comparatively.
Investors should also note that UAL has a PEG ratio of 0.9 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Transportation - Airline industry stood at 0.98 at the close of the market yesterday.
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 224, finds itself in the bottom 9% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow UAL in the coming trading sessions, be sure to utilize Zacks.com.
United Airlines planes parked at tarmac, after hundreds of Immigration and Customs Enforcement agents were ordered to deploy to airports to help fill TSA staffing gaps, Newark Liberty... Purchase Licensing Rights, opens new tab Read more
WASHINGTON, June 4 (Reuters) - United Airlines (UAL.O), opens new tab issued a safety bulletin to pilots on approaches at Newark airport after a Boeing (BA.N), opens new tab 767 aircraft struck a light pole on the New Jersey Turnpike on May 3.
Debris from the light pole that was just 15 feet above the ground subsequently struck a tractor-trailer traveling southbound on the turnpike that was captured in a harrowing video.
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The 11 cabin and flight crew and 220 passengers deplaned at the gate without injury and the driver of the tractor-trailer sustained minor injuries. The plane sustained substantial damage.
United told pilots after the incident that for short-runway landings, approaches are to be conducted so touchdown occurs 1,500 feet (457.2 m) from the runway threshold, but not prior to 1,000 feet from the threshold.
United did not immediately comment.
United Flight Operations also issued an alert that applied to Newark arrivals specific to that runway. United said it identified that the pilot technique of "ducking under" contributes to low approach altitudes during the visual segment into some airports and runways.
The pilot told the NTSB he "got fast," while he turned the airplane into the headwind and pulled the power levers back to compensate and heard the first officer call out "airspeed slow" while on short final.
As they descended, the first officer recalled he stated, “Hey, you are slow,” followed moments later by, “You are still slow and a little low.” The captain stated that just before touchdown “he heard a thump" and the first officer recalled feeling a mild jolt.
The NTSB said the airplane suffered three punctures on the left lower fuselage and a tire on the left main landing gear had evidence of slash marks.
Reporting by David Shepardson; Editing by Aurora Ellis
Our Standards: The Thomson Reuters Trust Principles., opens new tab
At The International Air Transport Association in Rio De Janeiro, United Airlines CEO Scott Kirby discussed with Co-host of Bloomberg Surveillance Lisa Abramowicz the current challenges facing the airline industry including rising fuel costs and their impact on ticket pricing. -------- More on Bloomberg Television and Markets Like this video?
RIO DE JANEIRO — Delta Air Lines is the nation's most profitable carrier, but its hungry rival, United Airlines, is far bigger over the Pacific. Delta's new president, Peter Carter, says that just won't stand.
"We want to become stronger, better, faster in the trans-Pacific, and we want to become the leading U.S. carrier" across the Pacific, Carter told CNBC in an interview here during the International Air Transport Association's annual meeting. "Ultimately ... the real goal is to become the leading global carrier, which is a pretty audacious goal."
Carter, who was promoted in March, said some of that will come from Delta's joint venture with Korean Air, which is merging with Asiana Airlines.
Delta posted a net profit of more than $5 billion last year, compared with United's earnings of about $3.35 billion. However, for its trans-Pacific business, Delta's smaller network generated just $2.79 billion in revenue, compared with United's roughly $6.89 billion, according to company filings.
Trans-Pacific flying is often highly profitable, with long-haul flights commanding a premium and served by planes with dozens of premium seats.
Both carriers are adding new routes. Earlier this month, Delta launched nonstop service between Los Angeles and Hong Kong. United Airlines, meanwhile, is planning a nonstop between its San Francisco hub and Sapporo, Japan — a play for premium-ski traffic.
Read more about airlines' race to win over big spendersUnited ditches more economy seats to make room for bigger premium cabins with new layoutsWhy airline class wars will intensify in 2026Caviar and privacy: Airlines' business-class wars are hereDelta says premium travel is set to overtake coach cabin sales next yearAmerican Airlines is arriving late to the luxury travel boom. Can it catch up?First-class seats are getting so fancy they’re holding up new airplanesAirlines can’t add high-end seats fast enough as travelers treat themselves to first classDelta and United account for most of the U.S. airline industry's profits.
Delta spent the better part of the last two decades fashioning itself the luxury airline of the U.S., from high-end lounges to a lucrative partnership with American Express.
United has launched its own campaign using similar tactics, including a heavy investment in technology, massive aircraft orders, and an international network with new destinations from Mongolia to Croatia to Greenland.
The U.S. air travel market — the world's largest — is mature, meaning there's little room for significant annual growth. "Really, when we think about the future, it's all about international," Delta's Carter said.
United CEO Scott Kirby said Sunday that he was flattered by Delta's ambitions.
On the sidelines of the same conference, Kirby said he has "a lot of respect for Delta, and what they have done, and I take it as a huge compliment that Delta is beginning to acknowledge that they have an equal that they're worried about and trying to compete with us."
When asked what he wants to beat Delta on, Kirby replied: "Everything."
Carter said in the interview that Delta can't rest on its current success.
"We always have to be hungry to win, and I say that because I know United is out there competing against us and replicating the playbook a little bit," he said. "Bring 'em on."
Scott Kirby, CEO of United Airlines, speaks during an interview with Reuters on the sidelines of the International Air Transport Association (IATA) Annual General Meeting in Rio de Janeiro,... Purchase Licensing Rights, opens new tab Read more
SummaryCompaniesUnited remains open to buying slots, gates or other airline assetsKirby says American deal needed willing partner and management supportCEO says United on path to recover full fuel hit later this yearRIO DE JANEIRO, June 7 (Reuters) - United Airlines (UAL.O), opens new tab remains open to buying airport slots, gates or other assets if higher fuel prices put weaker rivals under pressure, but it is unlikely to pursue a major consolidation deal after its failed overture to American Airlines (AAL.O), opens new tab, Chief Executive Scott Kirby told Reuters on Sunday.
Kirby said in April that American declined to engage after he approached it about a merger, an idea Reuters reported he raised with U.S. President Donald Trump in February. American CEO Robert Isom rejected a tie-up as anti-competitive and bad for customers.
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"I think consolidation is unlikely for United," Kirby said in an interview on the sidelines of the International Air Transport Association's annual meeting in Rio de Janeiro. "That doesn't mean we won't still be in the market to buy assets, but consolidation is a low probability."
MERGER NEEDED MANAGEMENT SUPPORTKirby defended the rationale for a deal with American, saying he believed it would have benefited consumers. But he said a transaction that large and unconventional could not be completed without support from American's management.
The United chief said he believed labor groups, shareholders and customers would have supported the deal. But American management's public opposition made the transaction impractical, he said. "You can't have the management team on record publicly saying it was anti-competitive," Kirby said.
Asked whether United had given up on American or could return to the idea later, Kirby repeatedly said any deal would require "a willing partner."
He also denied that United had discussed with the Trump administration giving the U.S. government a golden share as part of any merger proposal.
Higher fuel prices are testing airline margins and widening the divide between larger carriers with stronger brands and weaker rivals with less pricing power.
Kirby said United expects that higher fares will put it on track to recover later this year the full hit it has taken from surging fuel prices, underscoring the carrier's confidence in demand despite rising ticket prices. He said demand has stayed strong, though United expects higher fares eventually to have some impact.
BRAND-LOYAL AIRLINES PULL AHEADSeveral airline executives have said the fuel shock is separating stronger carriers from weaker ones. Kirby framed the divide as one between airlines with customer loyalty and those still competing largely on price.
He rejected criticism by Willie Walsh, head of the International Air Transport Association, that large U.S. carriers are squeezing out competition. Kirby said United and Delta Air Lines (DAL.N), opens new tab are winning because they have invested in brands and products that travelers value.
"Customers care about the technology, the service, the reliability, the product," Kirby said. "They want a great experience. They don't just want a seat." Kirby said United's advantage is less about its balance sheet than its operating profit, which allows the airline to keep investing while some similarly sized rivals are just breaking even.
Asked whether JetBlue Airways (JBLU.O), opens new tab would become more attractive to United if it entered Chapter 11, a financial restructuring process, Kirby said he thought that scenario was unlikely, citing JetBlue's cash and unencumbered assets.
He also dismissed fuel hedging as a structural answer to the industry's exposure to volatile fuel costs, saying it is "ineffective if you lose money over time."
While he acknowledged Delta's refinery is helping it in the current environment, Kirby said United is not interested in following its U.S. rival by buying a refinery.
Reporting by Rajesh Kumar Singh and Joe Brock; Editing by Edmund Klamann
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Rajesh Kumar Singh is the U.S. Aviation Correspondent at Reuters, based in Chicago, where he reports on airlines, aircraft manufacturers, and regulatory developments that shape the global aviation industry. Prior to this role, he covered U.S. manufacturing and trade policy, including the U.S.–China trade wars, where his work delved into the disruption facing American businesses and the strategic responses of major corporations. He began his career with Reuters in India, where he reported on a wide range of issues covering the country's economic complexities—from its recovery after the global financial crisis to the challenges of inflation and governance.
Joe Brock is Reuters' aerospace and defense editor, based in Los Angeles, where he leads a global team of reporters covering airlines, aerospace, weapons manufacturers, and the space industry. Joe has previously worked in Singapore, Johannesburg, Abuja and London as a reporter and bureau chief. He has received several awards for his investigative journalism, including from the Society for Advancing Business Editing and Writing and The Society of Publishers in Asia.
RIO DE JANEIRO — United Airlines CEO Scott Kirby said he doesn't expect more airline consolidation in the U.S. and he's not interested in pursuing a merger for his airline after American Airlines rejected the idea of a combination earlier this year.
"United's not going to do a deal just to do a deal," Kirby told reporters Sunday on the sidelines of the International Air Transport Association's annual meeting.
When asked about the wave of consolidation that has brought together Allegiant and Sun Country this year, and Alaska Airlines and Hawaiian Airlines in 2024, Kirby said further combination opportunities look unlikely: "There's nothing," he said.
"It's a lot harder," he said. "I've been ... one of the primary architects of consolidation in the United States. I've been around a lot of these deals. It's hard, and you shouldn't do deals that don't make economic sense."
Kirby has repeatedly dismissed the idea of buying its new partner, JetBlue Airways.
But earlier this year Kirby discussed the possibility of combining with American, where Kirby used to work, floating the idea to the Trump administration, CNBC previously reported.
Kirby later said in a statement that he had hoped a combined airline would compete with big foreign rivals, though some analysts said the tie-up would face insurmountable regulatory hurdles.
A merger "requires support from everyone," Kirby told reporters at the IATA conference. "We would need the unions, we'd need the customers, the shareholders, the regulators and the management team."
He said, however, regarding American's management team, "we don't have that, clearly, so we can't get it done without them."
Delta Air Lines President Peter Carter similarly told CNBC on Saturday that he doesn't see a merger or acquisition in Delta's future. He said the carrier's longtime strategy has been partnerships and joint ventures, which include those in South Korea, Mexico and Europe.
Because the U.S. domestic air travel market is so mature, international travel is the future, Carter said. He added he wants to take on United, the second most-profitable airline in the U.S., in the lucrative trans-Pacific market.
RIO DE JANEIRO — Airplane engine makers have fallen short of what they promised airlines, major carriers' CEOs say, a problem vexing an industry that has struggled for years with aircraft shortages and more recently, a doubling of fuel prices.
It's a paradox: Engine makers dazzled carriers with more fuel-efficient options for new planes from Boeing and Airbus. But production shortfalls and disappointing reliability with those engines are becoming costly problems, CEOs said in interviews at the industry's largest annual gathering here.
Airline executives said they're being forced to remove engines and take them for maintenance into crowded shops earlier than expected, which is driving up costs and sucking up the fuel savings they were supposed to get from the engines.
Airline leaders told CNBC this week that travel demand is still strong despite higher fares, so having aircraft on the ground means money left on the table, just as a $100 billion higher fuel bill this year is slashing airline profit prospects.
Alexis von Hoensbroech, CEO of Canada's WestJet, told CNBC in an interview ahead of the more than 370-airline International Air Transport Association's annual assembly that the new engines promising fuel savings of around 15% or more compared with earlier models were "engineering marvels."
"However, as you push the limits, it sometimes comes at the cost of reliability, and what we all are seeing is that those engines have to go into unscheduled maintenance far more frequently than prior engine generations," he said.
Newer models of aircraft engines burn hotter, allowing them to use less fuel. That's key since fuel is airlines' biggest cost after labor. But that can also mean they wear out faster, which can ground planes, though carriers keep some spare engines.
Von Hoensbroech and other airline executives told CNBC that the new the engines have not reached the reliability that airlines need, through there have been improvements.
"That's a big struggle, because it adds a lot of costs," he said. "So a lot of the fuel savings are in fact eaten up by unplanned maintenance costs."
'Lack of engines'Manufacturers have invested heavily in expanding engine overhaul and other maintenance capabilities, while third-party shops have also seen a windfall.
New engines are costly, but aircraft production is still behind schedule, and that's keeping older engine values up, too.
For example, a CFM56 engine made by GE Aerospace and its French partner Safran that powers older Boeing 737s was going for $9.2 million at the start of the year, up 17% since 2019, according to IBA Group. A Pratt & Whitney PW1127 for newer Airbus narrow-body planes was up more than 57% over that time, according to the aviation intelligence and advisory company.
Engine overhaul and maintenance has become a more than $58 billion business.
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Willie Walsh, the outgoing director general of IATA, told the conference in Rio de Janeiro that he is "deeply disappointed customers have not dented manufacturer finances," and pointed to a jump in engine supplier profits.
"My message to the engine [original equipment manufacturers] is simple: Stop gouging us and get back to making great engines that work and that last," he said. "Allowing these failures to extend into the next decade is totally unacceptable to the customers."
For its part, GE Aerospace, which makes engines for both Airbus narrow-body A320 planes and Boeing narrow-body and wide-body aircraft, said it has been working on improvements and has also increased output.
"We've made significant investments to enhance time-on-wing, reduce cost of ownership, and increase output and we will continue to invest to drive meaningful improvements," the company said in a statement. "While there is more to do, we are making progress every day to continue to deliver long-term value for our customers."
GE powers Boeing's bestselling 737 Max with its CFM joint venture with France's Safran. Those Leap engines are also options on the Airbus A320 narrow-body planes, with Pratt & Whitney as the other. GE engines also are used on a majority of 787 Dreamliners.
United Airlines CEO Scott Kirby praised GE for making improvements, but said there are still concerns for the industry.
"The biggest constraint for at least the next five years is going to be lack of engines," Kirby said.
He pointed to a shortfall of parts like forgings and castings and said when it comes to smoothing out supply, "I don't really think we've started yet."
Pratt and some of its customers have the added problem of a manufacturing defect from several years ago. The issue forced airlines to ground planes with those engines, which was one of the biggest challenges that hit now-defunct Spirit Airlines. Pratt's parent, RTX, didn't immediately comment.
Rolls-Royce, another manufacturer, said it is still working on efficiency. The company said it has invested £1 billion ($1.33 billion) in its Trent engine fleet and a mode that "offers up to triple time on wing, resulting in improved fleet planning and a reduced maintenance burden for customers."
Rolls-Royce is a strong buy, outperforming mid-term targets after restructuring, despite recent criticism and minor stock underperformance. United Airlines' public criticism of Rolls-Royce is rooted in a contractual dispute over A350 engine agreements, not broad reliability concerns. United's fleet needs indicate the Airbus A350, powered solely by Rolls-Royce, is a necessary replacement for aging 777-200ERs on long, high-demand routes.
United Airlines (UAL - Free Report) closed at $102.78 in the latest trading session, marking a -6.25% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 1.62% for the day. Elsewhere, the Dow saw a downswing of 1.87%, while the tech-heavy Nasdaq depreciated by 1.98%.
The stock of airline has risen by 14.39% in the past month, leading the Transportation sector's gain of 3.78% and the S&P 500's loss of 0.03%.
The upcoming earnings release of United Airlines will be of great interest to investors. The company is predicted to post an EPS of $1.9, indicating a 50.9% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $17.58 billion, indicating a 15.41% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $9.63 per share and a revenue of $66.59 billion, demonstrating changes of -9.32% and +12.72%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for United Airlines. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 last 30 days, the Zacks Consensus EPS estimate has moved 2.79% higher. United Airlines currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that United Airlines has a Forward P/E ratio of 11.38 right now. This expresses a premium compared to the average Forward P/E of 11.36 of its industry.
It is also worth noting that UAL currently has a PEG ratio of 0.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Transportation - Airline industry currently had an average PEG ratio of 1 as of yesterday's close.
The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 205, placing it within the bottom 16% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
United Airlines (UAL - Free Report) closed the most recent trading day at $115.52, moving +2.58% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.5%. Meanwhile, the Dow experienced a rise of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.31%.
Heading into today, shares of the airline had gained 17.28% over the past month, outpacing the Transportation sector's gain of 5.1% and the S&P 500's loss of 0.23%.
Market participants will be closely following the financial results of United Airlines in its upcoming release. On that day, United Airlines is projected to report earnings of $1.9 per share, which would represent a year-over-year decline of 50.9%. At the same time, our most recent consensus estimate is projecting a revenue of $17.58 billion, reflecting a 15.41% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $9.63 per share and a revenue of $66.59 billion, demonstrating changes of -9.32% and +12.72%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for United Airlines. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, 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. Over the past month, the Zacks Consensus EPS estimate has shifted 2.08% upward. United Airlines currently has a Zacks Rank of #3 (Hold).
In terms of valuation, United Airlines is currently trading at a Forward P/E ratio of 11.69. This represents a premium compared to its industry average Forward P/E of 11.65.
Investors should also note that UAL has a PEG ratio of 0.93 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Transportation - Airline industry stood at 1.02 at the close of the market yesterday.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 205, which puts it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Exxon Mobil (XOM - 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 oil and natural gas company have returned +1.4% over the past month versus the Zacks S&P 500 composite's +0.2% change. The Zacks Oil and Gas - Integrated - International industry, to which Exxon belongs, has gained 3% 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 RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Exxon is expected to post earnings of $3.89 per share for the current quarter, representing a year-over-year change of +137.2%. Over the last 30 days, the Zacks Consensus Estimate has changed +1%.
The consensus earnings estimate of $11.66 for the current fiscal year indicates a year-over-year change of +66.8%. This estimate has changed +1.9% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $10.58 indicates a change of -9.3% from what Exxon is expected to report a year ago. Over the past month, the estimate has changed -0.5%.
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, Exxon is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Exxon, the consensus sales estimate of $97.91 billion for the current quarter points to a year-over-year change of +20.1%. The $389.47 billion and $380.97 billion estimates for the current and next fiscal years indicate changes of +17.2% and -2.2%, respectively.
Last Reported Results and Surprise HistoryExxon reported revenues of $85.14 billion in the last reported quarter, representing a year-over-year change of +2.4%. EPS of $1.16 for the same period compares with $1.76 a year ago.
Compared to the Zacks Consensus Estimate of $81.49 billion, the reported revenues represent a surprise of +4.47%. The EPS surprise was +8.41%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates just once over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
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.
Exxon is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Exxon. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Item 1 of 2 Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration
[1/2]Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesGEORGETOWN, June 9 (Reuters) - U.S. oil major Exxon Mobil (XOM.N), opens new tab on Tuesday reported $4.67 billion in profit from its Guyana operations in 2025, slightly lower than the previous year when oil prices were weaker.
Exxon leads the consortium that produces all of Guyana's oil output and currently produces more than 900,000 barrels per day from the country.
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Hess, a minority partner in the consortium and now owned by Chevron (CVX.N), opens new tab, earned $2.89 billion in 2025 according to its financial statement, down from $3.15 billion in 2024.
Benchmark Brent oil prices averaged $68.19 per barrel last year, about 15% lower than in 2024.
The U.S.-Israeli war on Iran that began in February has since caused Brent futures to rise to the $90 range.
Reporting by Kemol King in Georgetown; Writing by Sheila Dang; Editing by Mark Porter, Alexandra Hudson
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Key Takeaways XOM's 15.44% debt-to-capitalization helps it operate smoothly when oil and gas prices fall.Low leverage lets XOM borrow on favorable terms, pursue acquisitions and keep rewarding shareholders.XOM is up 37.2% in a year; 9.97X EV/EBITDA and 2026 earnings estimates moved higher. Exxon Mobil Corporation (XOM - Free Report) is an integrated energy giant, but generates the bulk of its earnings from the upstream operations. With a strong presence in the prolific Permian Basin and offshore Guyana resources, its top and bottom lines are highly vulnerable to fluctuations in oil and natural gas prices.
But investors should not worry much about this vulnerability since ExxonMobil has a strong balance sheet. With a debt-to-capitalization of 15.44%, the integrated energy giant has significantly lower exposure to debt capital. Thus, unlike many other energy companies, ExxonMobil can rely on its strong balance sheet when oil and natural gas prices turn low, and the business scenario becomes unfavorable.
With lower exposure to debt capital, XOM can secure additional debt on favorable terms during uncertain situations, allowing it to operate smoothly, pursue lucrative acquisitions and continue rewarding shareholders.
CVX & EOG Also Have Low Debt Load
Chevron Corporation (CVX - Free Report) and EOG Resources Inc. (EOG - Free Report) , both having robust balance sheets, can also sail through an unfavorable business environment due to their strong financials. While CVX has a debt-to-capitalization of 19.35%, EOG’s debt-to-capitalization stands at 20.42%.
XOM’s Price Performance, Valuation & Estimates
Shares of XOM have gained 37.2% over the past year compared with the 35.3% improvement of the industry.
Image Source: Zacks Investment Research
From a valuation standpoint, XOM trades at a trailing 12-month enterprise value to EBITDA of 9.97X. This is above the broader industry average of 6.40X.
The Zacks Consensus Estimate for XOM’s 2026 earnings has seen upward revisions over the past 30 days.
Image Source: Zacks Investment Research
ExxonMobil currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The company logo for Exxon Mobil Corporation is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 30, 2025. REUTERS/Jeenah Moon/File Photo Purchase Licensing Rights, opens new tab
CompaniesLONDON/HOUSTON, June 11 (Reuters) - Exxon Mobil's (XOM.N), opens new tab head of global trading Tracey Gunnlaugsson is retiring, two sources with knowledge of the matter said.
Gunnlaugsson, based in Houston according to her LinkedIn profile, was appointed to lead the trading division in 2023 after previously serving as human resources vice president at the company for nearly five years.
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Exxon declined to comment. Reuters could not immediately reach Gunnlaugsson for a comment.
The oil major's earnings have been dented by what Exxon describes as trading-related "timing losses", despite higher oil prices from the ongoing conflict in the Middle East. The company reported a $3.9 billion paper loss stemming from derivatives in the first quarter which pushed net income down to its lowest level in five years.
The losses contrasted with the first-quarter trading profits of European oil majors, which reaped billions of dollars from this year's energy supply crunch triggered by the U.S.-Israeli war on Iran.
European majors have spent decades building trading desks, employing hundreds of people who buy and sell crude, fuels and gas to take advantage of price gaps across regions and time periods, and also taking positions in derivatives markets. However, traders at Exxon, and U.S. competitor Chevron (CVX.N), opens new tab, focus on optimizing flows within their own networks of production, refineries and fuel retail outlets. That approach prioritizes predictability but can limit opportunities to profit from extreme market moves.
Exxon uses financial derivatives to mitigate the risk of price changes during the time it takes to deliver cargoes to customers. The value of the physical shipment is not reflected in earnings until the transaction is complete, which created a large unfavorable timing impact, the company has said.
The timing impacts are expected to unwind in subsequent quarters and result in profitability, Exxon CFO Neil Hansen said in an interview last month.
During the earnings call with analysts, Exxon CEO Darren Woods said the company was confident the losses were a pure timing problem "that will work itself out."
"The timing impact here is primarily driven by the fact that the trading organization is taking advantage of the opportunities in the marketplace and locking in profit," he said.
Reporting by Stephanie Kelly in London, and Arathy Somasekhar and Sheila Dang in Houston; Editing by Nathan Crooks and Chizu Nomiyama
Our Standards: The Thomson Reuters Trust Principles., opens new tab
A London-based senior correspondent covering UK-listed energy companies including BP and Shell and energy developments in Europe, the Middle East and Africa.
Exxon Mobil Corp began work on Wednesday night at its Beaumont, Texas refining and petrochemical complex, according to a notice the company posted online to notify nearby residents of increased actvity and flaring.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
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 ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth 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 trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
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 The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
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: Exxon Mobil (XOM - Free Report) Over the past decade, ExxonMobil has undergone a significant transformation, reshaping its business to adapt to evolving energy demands, financial discipline and environmental considerations. Traditionally reliant on oil and gas, the company has streamlined operations and focused capital on high-return, low-cost projects. ExxonMobil has achieved nearly $15.6 billion in structural cost savings since 2019, strategically enhancing its earnings power and improving cost efficiency.
XOM is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 12.42; value investors should take notice.
Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $2.28 to $11.80 per share. XOM also boasts an average earnings surprise of +6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, XOM should be on investors' short list.
3D-printed oil pump jacks and the ExxonMobil logo appear in this illustration taken March 2, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesJune 12 (Reuters) - Exxon Mobil Corp (XOM.N), opens new tab is exploring potential acquisition targets, including Australia's Woodside Energy Group (WDS.AX), opens new tab, Bloomberg News reported on Friday, citing people familiar with the matter.
Any move for Woodside would further strengthen the U.S. oil major's position in liquefied natural gas (LNG), a business that major energy companies increasingly see as a key growth area as rising power demand boosts gas consumption.
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According to Bloomberg, Woodside is one of several targets Exxon has been evaluating.
U.S.-listed shares of Woodside were up 6% in morning trade, while Exxon shares rose 0.7%.
Woodside declined to comment. Exxon did not immediately respond to Reuters' request for comment.
Reporting by Sumit Saha in Bengaluru; Editing by Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
The company logo for Exxon Mobil Corporation is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 30, 2025. REUTERS/Jeenah Moon/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesTracey Gunnlaugsson retires as head of trading, David Brown also retiring, sources sayAlex Volkov has nearly 30 years at Exxon, with roles in US, Russia, LondonExxon reported $3.9 billion derivatives loss in Q1, lagging European rivalsHOUSTON, June 12 (Reuters) - Exxon Mobil (XOM.N), opens new tab was poised to name Alex Volkov as head of global trading, two sources with knowledge of the matter said.
On Thursday, Reuters reported that sources said Tracey Gunnlaugsson, who led the trading division since 2023, was set to retire. Exxon declined to comment.
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Reuters could not immediately reach Volkov for comment.
Volkov, based in Texas, has spent nearly three decades at Exxon, holding roles across the U.S., Russia and London, according to his LinkedIn profile. He has served as a vice president in several parts of the business, including global LNG marketing, upstream commercial, strategy and business development, and, currently, commercial and integration.
David Brown, who was an international crude trader, is also retiring from Exxon, three sources said.
Exxon in May a $3.9 billion paper loss stemming from derivatives in the first quarter which pushed net income down to its lowest level in five years. The losses contrasted with the first-quarter trading profits of European oil majors, which have spent decades building trading desks and billions of dollars from this year's energy supply crunch triggered by the U.S.-Israeli war on Iran.
Reporting by Arathy Somasekhar in Houston; Editing by Nathan Crooks and David Gregorio
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Zoom shares are climbing with conviction. What’s behind ZM gains? Q1 HighlightsZoom reported adjusted earnings per share of $1.55, beating the consensus estimate of $1.42. In addition, it posted revenue of $1.23 billion, beating the consensus estimate of $1.22 billion and representing a 5.5% year-over-year increase.
Enterprise revenue increased 7.2% year-over-year to $755.7 million, while Online revenue increased 2.8% to $483.3 million.
Founder and CEO Eric Yuan said the company saw "continued momentum" during the quarter, highlighting growing adoption of Zoom's AI offerings.
"Customers are increasingly adopting Zoom as an AI-first system of action for modern work, with AI Companion paid users growing 184% year over year, and My Notes reaching 1.5 million licensed users within just four months of launch," Yuan said.
The company also said Zoom Customer Experience continued to deliver accelerating high double-digit growth during the quarter.
At the end of the first quarter, Zoom had 4,534 customers contributing more than $100,000 in trailing 12-month revenue, representing an 8.2% increase year-over-year.
Zoom's trailing 12-month net dollar expansion rate for Enterprise customers increased to 99% from 98% in the prior-year period.
Cash, cash equivalents and marketable securities totaled $7.7 billion as of April 30, excluding restricted cash.
Zoom also announced that its board authorized the repurchase of an additional $1 billion of outstanding Class A common stock, adding to the $625 million remaining authorization as of April 30.
GuidanceZoom expects second-quarter adjusted earnings per share between $1.45 and $1.47, versus the consensus estimate of $1.48. In addition, it anticipates revenue of $1.26 billion to $1.27 billion, versus the consensus estimate of $1.26 billion.
Zoom also raised its fiscal-year 2027 adjusted earnings per share guidance from between $5.77 to $5.81 to between $5.96 to $6.00, versus the consensus estimate of $5.87. Zoom raised its revenue guidance from between $5.06 billion and $5.07 billion to between $5.08 billion and $5.09 billion, versus the consensus estimate of $5.07 billion.
Analyst Consensus & Recent ActionsThe stock carries a Buy rating with an average price target of $104.75. Recent analyst moves include:
Piper Sandler: Neutral (Raises Target to $107.00) (May 22) Mizuho: Outperform (Raises Target to $120.00) (May 22) Keybanc: Upgraded to Sector Weight (May 22) Technical Picture Remains BullishZoom is trading about 4.1% above its 20-day SMA ($100.61) and roughly 23.2% above its 200-day SMA ($84.97), keeping the intermediate and long-term trend pointed higher. The 20-day SMA is above the 50-day SMA, and the golden cross in May (50-day SMA moving above the 200-day SMA) reinforces that the bigger-picture trend has flipped bullish.
Momentum is more "reset than stretched" right now, with RSI at 49.77 sitting in neutral territory after earlier extremes (oversold in February and overbought in April). In plain terms, RSI helps gauge whether a move is getting overheated; here, it suggests the stock has room to move without immediately flashing an overbought warning.
Key Resistance: $111.50 — sits right under the 52-week high area ($111.56), a zone where rallies can stall as sellers defend prior peaks Key Support: $87.00 — lines up near the broader moving-average cluster (around the 100-day/200-day region), a level that can act as a "line in the sand" if the trend cools Zoom Shares GainZM Price Action: At the time of publication, Zoom shares are trading 9.56% higher at $106.00, according to data from Benzinga Pro.
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Zoom Technologies Inc (NASDAQ:ZOOM) reported first quarter results that topped Wall Street expectations, driven by stronger enterprise demand and rapid adoption of its AI features, sending shares up roughly 12% in Friday morning trading.
The company posted adjusted earnings per share of $1.55, ahead of analyst estimates of about $1.41, while revenue rose to $1.24 billion versus consensus expectations of $1.22 billion.
Total revenue increased 5.5% year over year, or 4.6% in constant currency, according to the company.
Zoom said growth was supported by continued expansion in its enterprise segment and accelerating engagement with AI-driven tools. Paid usage of its AI Companion product increased 184% year over year during the quarter, a trend the company pointed to as a meaningful contributor to customer expansion and retention.
Enterprise revenue rose 7.2% to $755.7 million, beating expectations of about $738.8 million. Online revenue increased to $483.3 million, slightly ahead of estimates.
The company also reported 4,534 customers generating more than $100,000 in trailing 12-month revenue, an 8.2% increase from a year earlier.
“Customers are increasingly adopting Zoom as an AI-first system of action for modern work, with AI Companion paid users growing 184% year over year, and My Notes reaching 1.5 million licensed users within just four months of launch,” Zoom CEO Eric Yuan said.
“With strong profitability, cash flow, and an increased share repurchase authorization, we remain focused on turning AI innovation into durable growth, measurable customer value, and long-term shareholder returns.”
Looking ahead, Zoom issued guidance for the second quarter of fiscal 2027 calling for revenue between $1.265 billion and $1.27 billion, with non-GAAP earnings per share expected between $1.45 and $1.47.
For the full fiscal year, the company projected revenue of $5.08 billion to $5.09 billion and non-GAAP EPS of $5.96 to $6, alongside free cash flow of $1.70 billion to $1.74 billion.
Key Takeaways Zoom posted fiscal Q1 EPS of $1.55 and revenues of $1.24B, beating guidance and rising Y/Y. Zoom's enterprise revenues rose 7.2%, with large customers growing 8.2% to 4,534 accounts.Zoom raised fiscal 2027 outlook and expanded AI push, with AI Companion users up 184% Y/Y. Zoom Communications (ZM - Free Report) reported first-quarter fiscal 2027 adjusted earnings of $1.55 per share, which beat the Zacks Consensus Estimate by 9.93% and increased 8.4% year over year. The figure also came in 13 cents above the company's guided range of $1.40-$1.42.
Revenues of $1.24 billion beat the consensus mark by 1.26% and increased 5.5% year over year, exceeding the guidance by $14 million. Adjusting for foreign currency impact, revenues in constant currency were $1.23 billion, up 4.6% year over year.
ZM's Q1 DetailsEnterprise revenues, which account for 61% of total revenues, increased 7.2% year over year to $755.7 million. Online revenues, which represent 39% of total revenues, increased 2.8% year over year to $483.3 million. Customers contributing more than $100,000 in revenues in the trailing 12 months grew 8.2% to 4,534. These customers accounted for 33% of revenues, up one percentage point year over year.
The company reported a trailing 12-month net dollar expansion rate for Enterprise customers of 99%, up from 98% in the year-ago quarter. Online average monthly churn was 3.0% in the first quarter compared with 2.8% in the prior-year period. The percentage of total Online MRR from Online customers with a continued term of service of at least 16 months was 74.4%, up 20 basis points year over year.
ZM's Margin & Operating DetailsNon-GAAP gross margin in the fiscal first quarter was 79.9% compared with 79.2% in the year-ago period, expanding 70 basis points. On a GAAP basis, research and development expenses increased 11% year over year to $227.9 million. Sales and marketing expenses declined 4.9% to $330.1 million, and general and administrative expenses fell 5.9% to $96.3 million. Non-GAAP operating income rose 8.9% to $508.7 million year over year, exceeding the high end of guidance by $17 million.
The non-GAAP operating margin was 41.1%, up 130 basis points from 39.8% in the year-ago quarter. GAAP income from operations was $310.5 million, with a GAAP operating margin of 25.1%, up 450 basis points year over year.
ZM's Balance Sheet & Cash FlowTotal cash, cash equivalents and marketable securities, excluding restricted cash, as of April 30, 2026, were $7.7 billion, compared with $7.8 billion as of Jan. 31, 2026. Net cash provided by operating activities was $521.6 million for the fiscal first quarter compared with $489.3 million in the year-ago quarter. Free cash flow was $500.5 million compared with $463.4 million in the prior-year quarter. In the first quarter, Zoom repurchased 4.2 million shares of Class A common stock for $362 million.
ZM's Q1 DevelopmentsDuring the quarter, Zoom appointed Russell Dicker as chief product officer to lead its AI-first product roadmap. The company advanced its AI strategy with AI Companion 3.0, with paid AI Companion monthly active users growing 184% year over year and the newly launched My Notes reaching 1.5 million monthly active users within four months of launch. Zoom also launched Zoom AI services — including the Scribe API for speech-to-text — and introduced CX Insights and AI Expert Assist 3.0 within Zoom Customer Experience. Alongside the earnings release, Zoom's board authorized an incremental $1.0 billion share repurchase, on top of the $625 million remaining under its prior authorization as of April 30, 2026.
ZM's Q2 & FY27 GuidanceZoom expects its second-quarter fiscal 2027 revenues to be between $1.265 billion and $1.270 billion. Revenues on a constant-currency basis are expected to be between $1.262 billion and $1.267 billion. Non-GAAP income from operations is expected to be between $508 million and $513 million. Non-GAAP earnings per share are expected to be in the range of $1.45-$1.47, based on approximately 304 million weighted average shares outstanding. For fiscal 2027, Zoom raised its guidance and now expects revenues in the range of $5.08-$5.09 billion. Revenues on a constant-currency basis are expected to be between $5.062 billion and $5.072 billion. Non-GAAP income from operations is expected to be between $2.065 billion and $2.075 billion. Non-GAAP EPS are expected to be in the band of $5.96-$6. The company expects free cash flow between $1.7 billion and $1.74 billion.
Zacks Rank & Stocks to ConsiderCurrently, ZM carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Computer and Technology sector are Broadcom (AVGO - Free Report) , Celestica (CLS - Free Report) and Amphenol (APH - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Broadcom have gained 18.8% year to date. The Zacks Consensus Estimate for Broadcom’s 2026 earnings is pegged at $11.47 per share, up by 2 cents over the past seven days, indicating a year-over-year surge of 68.2%.
Shares of Celestica have gained 14.7% year to date. The Zacks Consensus Estimate for Celestica’s 2026 earnings is pegged at $10.16 per share, up 15.1% over the past 30 days, indicating a year-over-year jump of 67.9%.
Amphenol shares have declined 11.7% year to date. The Zacks Consensus Estimate for APH’s 2026 earnings is pegged at $4.76 per share, up 11.4% over the past 30 days, indicating a year-over-year increase of 42.5%.
Zoom Communications ZM reported impressive Q1 results, surpassing expectations in both revenue and earnings per share (EPS). The company is enhancing its position as an AI-driven “system of action,” while maintaining strong profitability and cash flow.
Q1 adjusted EPS reached $1.55, exceeding the FactSet consensus by $0.13. Revenue grew 5.5% year-over-year to $1.24 billion, also beating estimates. Enterprise revenue rose 7.2% to $755.7 million, making up 61% of total sales, indicating a shift towards higher-value customers. ZM ended the quarter with 4,534 customers generating over $100,000 in trailing 12-month revenue, an 8.2% increase year-over-year, while enterprise net dollar expansion improved to 99%. AI adoption showed significant growth, with paid monthly active users for AI Companion up 184% year-over-year and My Notes exceeding 1.5 million licensed users within four months. The introduction of new AI monetization features, including Custom AI Companion and ZVA Receptionist, suggests potential for increased revenue across various use cases. Backlog and billings remained strong, with remaining performance obligations (RPO) up 11% to approximately $4.3 billion and non-current RPO up 19%. Profitability metrics were solid, with a non-GAAP operating margin of 41.1% and a free cash flow margin of 40.4%. The company also announced a $1.0 billion share repurchase program. Guidance for Q2 EPS is projected at $1.45-$1.47, slightly below consensus, while revenue guidance of $1.265-$1.270 billion aligns closely with expectations. For FY27, EPS guidance is $5.96-$6.00 and revenue guidance is $5.08-$5.09 billion, both above consensus estimates.ZM's Q1 performance highlights the ongoing transition to a more diversified growth model, supported by strong demand for AI-driven products. Management emphasized the company's evolution beyond traditional meetings into a comprehensive workflow platform, leveraging conversation data through AI. This strategic direction is still in its early stages, but the evidence of product-market fit, particularly with AI Companion and Custom AI Companion, is promising. The robust margins and cash flow, alongside the new buyback program, reflect confidence in ZM's business sustainability.
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].
Shares of Zoom jumped after the company raised its full-year forecast for both adjusted earnings and revenue, prompting an upgrade at KeyBanc and higher price targets at both RBC and Baird. Zoom CFO Michelle Chang joins Ed Ludlow on "Bloomberg Tech.
Zoom Communications Inc. (NASDAQ:ZM) on Thursday reported better-than-expected first-quarter financial results and raised its FY27 guidance.
Zoom reported revenue of $1.24 billion for the first quarter, beating the consensus estimate of $1.22 billion. The company posted first-quarter adjusted earnings of $1.55 per share, beating analyst estimates of $1.42 per share, according to Benzinga Pro.
"Customers are increasingly adopting Zoom as an AI-first system of action for modern work, with AI Companion paid users growing 184% year over year, and My Notes reaching 1.5 million licensed users within just four months of launch," said Eric Yuan, founder and CEO of Zoom.
The company now expects full-year revenue of $5.08 billion to $5.09 billion, versus estimates of $5.07 billion. Zoom now sees full-year adjusted earnings of $5.96 to $6 per share versus estimates of $5.87 per share.
Zoom shares gained 10.4% to trade at $106.89 on Friday.
These analysts made changes to their price targets on Zoom following earnings announcement.
Considering buying ZM stock? Here’s what analysts think:
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Zoom has reportedly netted around $1 billion from an investment in Anthropic.
That’s according to a report Friday (May 22) from Bloomberg News, citing a regulatory filing. The total value of the videoconferencing firm’s stake in the artificial intelligence startup is about $1.27 billion, the report added, a number that could climb as Anthropic wraps another round of funding.
Zoom invested $51 million in Anthropic in 2023 as part of a partnership to use the company’s Claude models.
Since then, the Bloomberg report added, Anthropic has turned into one of the fastest-growing and most-watched startups in the world.
Zoom’s assessment of its stake in Anthropic is based on a fundraising round from February valuing the company at $380 billion, though the startup is reportedly close to finalizing a round at a valuation of more than $900 billion, and by some calculations, as high as $1 trillion.
“A timely investment in a financial rocket ship” has helped boost Zoom’s share price in recent weeks, KeyBanc analyst Jackson Ader said in a note after Zoom’s quarterly earnings report last week, the report added.
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In other AI news, recent PYMNTS Intelligence research shows a lack of progress in preparing workers to use AI on the job.
An April PYMNTS Intelligence study, “Wage to Wallet™ Index – The Resilience Deficit: Labor Workers in an Automated Economy,” found that close to half of all workers in the United States in salaried or higher-paying roles had gotten no on-the-job training on how to use AI tools, new technologies or automated processes in their positions in the prior 12 months.
“College graduates know how to use ChatGPT to write essays and Google Gemini’s Nano Banana to generate images and edit photos, but too few workers are getting too little guidance on how to use the technological tools increasingly penetrating the workplace,” PYMNTS wrote.
A separate PYMNTS Intelligence report from earlier this month, “Financial Services Pulls Ahead in the Enterprise AI Race,” revealed that companies are rapidly embedding AI into their workflows and operations.
“Financial services firms have scaled AI across nearly three times as many tasks as healthcare firms, concentrating their deployment in back-office functions like revenue recognition, credit risk assessment and sales forecasting,” the report said. “Healthcare is deploying AI through customer service chatbots. Media and advertising companies are using AI for content quality assurance, board and executive briefing preparation, and improving logistics.”
For all PYMNTS AI coverage, subscribe to the daily AI Newsletter.
Have you evaluated the performance of Zoom Communications' (ZM - Free Report) international operations for the quarter ending April 2026? Given the extensive global presence of this video-conferencing company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.
In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must understand a company's dependence on overseas markets, as this offers a window into the company's earnings stability, its ability to benefit from varied economic cycles and its potential for long-term growth.
Participation in global economies acts as a defense against economic difficulties at home and a pathway to more rapidly developing economies. However, it also comes with the complexities of dealing with fluctuating currencies, geopolitical risks and different market dynamics.
While delving into ZM's performance for the past quarter, we observed some fascinating trends in the revenue from its foreign segments that are commonly modeled and observed by analysts on Wall Street.
The company's total revenue for the quarter stood at $1.24 billion, increasing 5.5% year over year. Now, let's delve into ZM's international revenue breakdown to gain insights into the significance of its operations beyond home turf.
A Closer Look at ZM's Revenue Streams AbroadEMEA generated $194.92 million in revenues for the company in the last quarter, constituting 15.7% of the total. This represented a surprise of +1.74% compared to the $191.59 million projected by Wall Street analysts. Comparatively, in the previous quarter, EMEA accounted for $196 million (15.7%), and in the year-ago quarter, it contributed $185 million (15.8%) to the total revenue.
Of the total revenue, $150.51 million came from APAC during the last fiscal quarter, accounting for 12.2%. This represented a surprise of +1.98% as analysts had expected the region to contribute $147.59 million to the total revenue. In comparison, the region contributed $151 million, or 12.1%, and $142 million, or 12.1%, to total revenue in the previous and year-ago quarters, respectively.
International Market Revenue ProjectionsThe current fiscal quarter's total revenue for Zoom, as projected by Wall Street analysts, is expected to reach $1.27 billion, reflecting an increase of 4% from the same quarter last year. The breakdown of this revenue by foreign region is as follows: EMEA is anticipated to contribute 15.7% or $199.18 million, and APAC 12.1% or $153.44 million.
Analysts expect the company to report a total annual revenue of $5.06 billion for the full year, marking an increase of 3.9% compared to last year. The expected revenue contributions from EMEA and APAC are projected to be 15.9% ($805.19 million), and 12.3% ($620.29 million) of the total revenue, in that order.
Final ThoughtsZoom's reliance on international markets for revenues offers both opportunities and risks. Hence, keeping an eye on its international revenue trends could significantly help forecast the company's prospects.
With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company's domestic market status, also impact these earnings forecasts.
Here at Zacks, we put a great deal of emphasis on a company's changing earnings outlook, as empirical research has shown that's a powerful force driving a stock's near-term price performance. Quite naturally, the correlation is positive here -- an upward revision in earnings estimates drives the stock price higher.
The Zacks Rank, our proprietary stock rating mechanism, demonstrates a notable performance history confirmed through external audits. It effectively utilizes the power of earnings estimate revisions to act as a predictor of a stock's price performance in the near term.
Currently, Zoom holds a Zacks Rank #3 (Hold), signifying its potential to match the overall market's performance in the forthcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Reviewing Zoom Communications' Recent Stock Price TrendsOver the past month, the stock has gained 14.8% versus the Zacks S&P 500 composite's 4.8% increase. The Zacks Computer and Technology sector, of which Zoom is a part, has risen 9.5% over the same period. The company's shares have increased 42.9% over the past three months compared to the S&P 500's 8.4% increase. Over the same period, the sector has risen 18.7%
Key Takeaways Zoom beat Q1 revenues and EPS, then lifted FY2027 revenues and non-GAAP EPS guidance.AI Companion paid MAUs rose 184% YoY; My Notes hit 1.5M users in four months.Zoom CX saw accelerating high double-digit growth; paid AI was in 9 of the top 10 ZCX deals. Zoom Communications, Inc. (ZM - Free Report) used its first-quarter fiscal 2027 earnings call to argue that its next phase is less about video meetings and more about turning conversations into completed work. Management’s central message was that AI is starting to pull through both product adoption and larger multiproduct deals.
That framing mattered because Zoom also paired the strategy update with a revenue beat, higher full-year guidance and a larger buyback authorization, giving investors a clearer view of how management wants AI and customer experience to support durable growth.
ZM Pushes AI Beyond Meeting SummariesChief executive officer Eric Yuan spent much of the call recasting Zoom as an AI-first system of action for modern work. His emphasis was on moving from conversation-centric products to tools that automate follow-through, retrieval and workflows after a call ends.
That pitch was backed by rising usage. Management said AI Companion paid monthly active users climbed 184% year over year, while My Notes reached 1.5 million users within four months of launch. The company positioned those products as proof that AI is gaining traction inside the installed base.
Yuan also pointed to custom AI Companion, workflow tools and enterprise retrieval as the features meant to convert that usage into monetization. In Q&A, he said those capabilities are key to shifting Zoom from a platform centered on calls to one centered on task completion.
Zoom Finds Growth in CX and PhoneA second theme was the widening role of customer experience and phone offerings. Yuan said Zoom Customer Experience posted accelerating high double-digit growth, with paid AI included in nine of the top 10 ZCX deals.
Management tied that momentum to competitive displacements and to Zoom’s pitch around unified communications plus contact center. Yuan argued Zoom’s advantage is that it can bridge UC and CX on a native platform, while chief financial officer Michelle Chang said larger deals increasingly reflect that bundled story.
Zoom Phone also remained important. Yuan said phone annual recurring revenues grew in the mid-teens, and several of the customer examples highlighted on the call paired phone with AI and contact center tools rather than selling a single product in isolation.
ZM Raises Full-Year ViewThe quarter’s financial backdrop was solid but management kept the focus on what it means for the year ahead. Revenues rose 5.5% to $1.24 billion, beating the Zacks Consensus Estimate of $1.22 billion by 1.26%. Adjusted EPS came in at $1.55, topping the consensus mark of $1.41 by 9.59%.
Chang said revenues exceeded the high end of guidance by about $14 million and non-GAAP operating income topped the high end by $17 million. Enterprise revenues grew 7.2%, with enterprise customers now accounting for 61% of total revenues.
For fiscal 2027, Zoom raised guidance to $5.080-$5.090 billion in revenues and $5.96 to $6.00 in non-GAAP EPS. It also raised its repurchase authorization by $1 billion, adding to the $625 million remaining as of April 30.
Zoom Faces Questions on Online TrendsAnalysts pressed management on whether the stronger quarter was mostly an enterprise story and whether online trends remain a constraint. Chang acknowledged that online average monthly churn rose to 3.0% from 2.8% a year earlier, though she described the increase as nominal.
She drew a sharper contrast between the segments by calling enterprise growth durable and saying online will still grow slightly for the full year, even as quarterly growth rates slow from easier comparisons and foreign exchange effects.
That exchange mattered because it showed where management believes the business is gaining quality. The call repeatedly returned to enterprise mix, AI monetization and higher-value bundled deals rather than to volume growth in the legacy online channel.
ZM Leans on Longer-Term Enterprise DealsAnother point of investor focus was deal structure. Chang said deferred revenues grew 5% year over year, above prior expectations, because fewer large contracts required grace periods than management had anticipated.
She also highlighted remaining performance obligations of about $4.3 billion, up 11%, driven by 19% growth in noncurrent RPO. In Q&A, Chang linked that trend to longer-duration multiproduct deals, especially in phone, contact center and AI.
Yuan reinforced that message by saying eight of the top 10 CX deals displaced legacy vendors and all 10 were channel driven. That gave management another way to argue that Zoom’s newer enterprise motions are scaling.
Zoom Keeps Its Message on ExecutionBy the end of the call, management’s tone was confident and tightly focused. Yuan repeatedly returned to product innovation, AI completion workflows and the need to improve customer awareness of what the platform can now do.
Chang’s role on the call was to show that the strategy is being matched by margin discipline, cash flow and capital returns. Together, the prepared remarks and Q&A left the clearest impression that Zoom wants investors to judge it less by meeting growth and more by how effectively it monetizes AI, CX and enterprise platform breadth.
What Zacks Signals SayZM currently carries a Zacks Rank #3 (Hold), with a Value Score of C, Growth Score of C, Momentum Score of B and VGM Score of C. Under the Zacks framework, Rank #1 and #2 stocks paired with A or B Style Scores have the strongest expected near-term performance, while a Rank #3 can still be held, with higher letter grades viewed more favorably than lower ones. You can see the complete list of today’s Zacks #1 Rank stocks here.
For ZM, the B Momentum Score stands out more favorably than its other style grades, while the overall Rank and VGM Score point to a more balanced setup than a high-conviction signal. As always, the Zacks Rank can change as earnings estimate revisions move after the quarter and management’s updated outlook are absorbed.
Anthropic is one of the market's most hotly anticipated IPOs, with investors eagerly awaiting the company's announcement that it's going public. The large language model (LLM) maker has been seeing explosive growth, with its revenue reportedly set to double quarter over quarter, from $4.8 billion in Q1 to $10.9 billion in Q2. This acceleration also isn't growth at any cost, as the company is expected to turn in an operating profit of $559 million in Q2.
While it offers a consumer product, Anthropic has made its mark by focusing on the enterprise market, where it generates about 80% of its revenue. The company has found a strong niche in coding, with its Claude Cowork and Claude Code products helping drive its growth.
Anthropic has drawn investments from several large companies, including Amazon and Alphabet. However, there is an under-the-radar stock that's set to benefit much more from Anthropic's success than these behemoths. That company is video-conferencing platform operator, Zoom (ZM +1.28%).
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An early Anthropic investor Zoom's investment arm, Zoom Ventures, took a stake in Anthropic in May 2023. While the original size of the investment hasn't been disclosed, it's widely believed to have been the bulk of the $51 million in investments it made during the quarter. Zoom later made another $46 million investment in Anthropic preferred shares in Q1. In its latest 10-Q filing, it said its total investment was valued at $1.27 billion based on Anthropic's February valuation round, which was done at $380 billion.
However, fast forward a few months, and Anthropic is looking to raise funds at an over $900 billion valuation this month. That would value Zoom's Anthropic holding at over $3 billion. Meanwhile, given its growth, it wouldn't be surprising to see the company eventually IPO at a much higher market cap.
Zoom currently has a market cap of around $31 billion. It also has $7.7 billion in cash and marketable securities to go along with its Anthropic investment and no debt. That means its core business is currently being valued closer to $20 billion. The company is also generating around $2 billion in free cash flow a year.
Image source: Getty Images.
The company's core business has also been showing some signs of life. Revenue rose 5.5% last quarter, with enterprise revenue climbing 7.2%. It also saw its number of customers with more than $100,000 in trailing revenue jump 8.2%.
With Anthropic worth about 13% of Zoom's enterprise value and the company generating a ton of cash and seeing revenue growth, buying Zoom stock can be a sneaky way to play Anthropic before its IPO.
Zoom Communications (ZM - 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 video-conferencing company have returned +4.4%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Internet - Software industry, which Zoom falls in, has lost 1.2%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Zoom is expected to post earnings of $1.47 per share for the current quarter, representing a year-over-year change of -3.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
The consensus earnings estimate of $5.9 for the current fiscal year indicates a year-over-year change of -0.3%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $6.13 indicates a change of +3.9% from what Zoom is expected to report a year ago. Over the past month, the estimate has changed +0.1%.
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, Zoom is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Zoom, the consensus sales estimate for the current quarter of $1.27 billion indicates a year-over-year change of +4.2%. For the current and next fiscal years, $5.08 billion and $5.25 billion estimates indicate +4.2% and +3.4% changes, respectively.
Last Reported Results and Surprise HistoryZoom reported revenues of $1.24 billion in the last reported quarter, representing a year-over-year change of +5.5%. EPS of $1.55 for the same period compares with $1.43 a year ago.
Compared to the Zacks Consensus Estimate of $1.22 billion, the reported revenues represent a surprise of +1.26%. The EPS surprise was +9.93%.
Over the last four quarters, Zoom surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
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.
Zoom 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 Zoom. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Generally available today, ZoomMate combines agentic search, AI-generated presentations and deliverables, and automated execution in Salesforce, Jira, Slack, ServiceNow, and more SAN JOSE, Calif., June 01, 2026 (GLOBE NEWSWIRE) -- Today, Zoom Communications, Inc. (NASDAQ: ZM) announced the launch of ZoomMate, an agentic AI work surface to help people move from workplace conversations to execution without losing context along the way. Built on Zoom’s system of action vision announced in March, ZoomMate connects live conversational context to agentic search, workflow execution, custom agents, and AI content creation.
ZoomMate helps users overcome the friction introduced by fragmented tools and incomplete workflows by surfacing information across Zoom and connected business systems, creating deliverables from meeting and enterprise context, and coordinating follow-through across workflows without switching tools. This shift reflects Zoom’s long-term vision for a system of action that moves conversations into completed work.
“What drew me to Zoom was a simple truth: no other company sits where Zoom sits — at the center of every conversation where work decisions get made,” said Russell Dicker, chief product officer at Zoom. “ZoomMate is built on this insight. Before, during, and after the meeting, ZoomMate connects what was decided to what needs to happen next across every system where your work lives.”
“The market is moving away from isolated AI helpers and toward tools that can better connect decisions, data, and workflows across an organization,” said Melody Brue, vice president and principal analyst at Moor Insights & Strategy. “Many AI offerings operate on the edges of work, with limited access to the real-time context affecting decisions. ZoomMate approaches this differently because it sits inside the conversations where those decisions unfold. This can give it live business context and help make its recommendations more grounded in the work that teams are actually doing.”
ZoomMate capabilities: Search, orchestrate, and complete
ZoomMate introduces advanced agentic AI capabilities that help teams move from insight to completion.
Agentic Search: Bring enterprise knowledge into every conversation
ZoomMate helps users search across Zoom, the web, and third-party systems to find the most relevant information for a project, account, ticket, policy, or business question.By connecting to data sources such as ServiceNow, Salesforce, and Workday, and indexing across users’ integrated enterprise systems, ZoomMate can surface information from enterprise files, including customer records, open issues, service tickets, knowledge articles, project updates, files, and other business content.Relevant context from Zoom Meetings, Phone, Chat, and other connected collaboration platforms — including Google and Microsoft — can be directly integrated into the flow of work, so users always have what they need without switching tools or breaking focus.Results are grounded in the organization's connected knowledge and designed to respect enterprise access controls, permissions, and governance.Unlike enterprise search tools that index documents alone, ZoomMate connects the files, the records, and the conversations behind them.
Orchestrate: Coordinate follow-through across teams, apps, and systems
ZoomMate’s agentic layer enables proactive coordination and execution across systems, combining AI workflows with intelligent agents that can act, learn, and adapt within enterprise environments.Agents can monitor ongoing projects, identify next steps from meeting context, and automatically initiate follow-up actions, ensuring continuity from conversation to completion.Coordinates real-time task execution across meetings, apps, and systems to turn recurring processes into repeatable workflows.Schedules events in Google Calendar or Microsoft Outlook and routes requests to appropriate systems.Updates records, creates follow-up tasks, drafts customer communications, and triggers onboarding or support workflows.Reduces handoff gaps by connecting conversational context with execution. Complete: Turn meetings and enterprise context into finished deliverables
ZoomMate turns meetings into finished work, automatically creating presentations, documents, spreadsheets, reports, and project plans from meeting conversations and enterprise context so teams can move from discussion to execution faster.Leveraging Zoom's AI Productivity Suite, ZoomMate can update deliverables as decisions evolve, keeping plans, documents, and other outputs current in real time without manual syncing.Unlike AI tools that solely rely on prompts or manual context, ZoomMate understands what was discussed to generate grounded, relevant outputs directly from meeting context, delivering content in the form of presentations, documents, and spreadsheets.
How teams can use ZoomMate
ZoomMate integrates into existing team workflows to provide real-time assistance and continuity from the first meeting to the final deliverable. By connecting conversational context with enterprise data, teams can automate repetitive administrative tasks and focus on high-value execution.
Knowledge workers: Users can ask ZoomMate to pull key information from Google Docs, open Jira issues, and surface recent Slack discussions before a meeting starts. Then, they could ask ZoomMate to manage and schedule events in Google Calendar or Outlook without having to hunt down each person’s availability. And finally, ZoomMate can help users track down specific information across various documents and data sources, such as Google Drive and SharePoint, for project updates, while using the conversation as the source of truth.Sales teams: ZoomMate can retrieve account details from Salesforce before a call, update opportunity records immediately after, and draft follow-up proposals using the meeting transcript, without the rep switching applications.Product and engineering teams: ZoomMate can pull project background from Google Docs, identify open Jira issues, surface relevant discussions from collaboration tools, and turn action items into structured plans or status updates that reflect the latest decisions.HR and operations teams: ZoomMate can answer general policy questions from connected knowledge bases, route employee requests to the appropriate system, and automatically trigger onboarding workflows when a new hire's start date is confirmed. Conversations as the orchestration layer for modern work
As AI becomes embedded across workplace software, the next challenge is not simply generating more content or summarizing more meetings — it is helping teams complete the work that conversations create. Zoom believes that conversations are the context layer for modern work because they capture decisions, intent, approvals, objections, and next steps that drive meaningful business outcomes.
ZoomMate is built around that idea. By connecting conversational context with enterprise systems and agentic execution, ZoomMate helps teams move from discussion to action without rebuilding context across disconnected tools. It reflects Zoom’s broader platform vision: a conversation-centric system of action where live collaboration becomes completed work.
ZoomMate is available today for online and direct customers in North America, starting at $20 per user per month with included AI credits. Availability for additional industry verticals and regions, including EMEA and APAC, is expected to roll out later this year.
*Note: While ZoomMate is generally available, it may not be accessible to all users right away, as it is being rolled out gradually.
About Zoom
Zoom (NASDAQ:ZM) is a system of action for modern work, turning live collaboration into completed results. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, phone, contact center, and more — all with the built-in assistance of Zoom AI. Founded in 2011, Zoom is headquartered in San Jose, CA. For more information, visit zoom.com.
