Track market-moving stories before they get noisy

PERRYSBURG, Ohio, Oct. 05, 2026 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2026 conference call and webcast for Wednesday, October 28, 2026, at 8 a.m. EDT. The Company’s news release for the third quarter 2026 earnings will be issued after the market closes on Tuesday, October 27.

What:         O-I Conference Call and Webcast
Earnings presentation materials will also be posted on the O-I website, www.o-i.com/investors, when the earnings news release is issued.

When:         Wednesday, October 28, 2026, at 8 a.m. EDT

Where:         https://events.q4inc.com/attendee/972811308 or at www.o-i.com/investors, Events and Presentations page

The webcast will be archived at www.o-i.com/investors until October 2027.

ABOUT O-I GLASS

At O-I Glass, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 61 plants in 18 countries, O-I achieved revenues of $6.4 billion in 2025. Learn more about us: o-i.com /  Instagram / LinkedIn  

CONTACT: 

SASHA SEKPEH
Investor Relations Coordinator
[email protected]
567.336.5128

O-I Glass Announces Third Quarter 2026 Earnings Conference Call and Webcast

A strong stock as of late has been Arrow Electronics (ARW - Free Report) . Shares have been marching higher, with the stock up 12.1% over the past month. The stock hit a new 52-week high of $247.25 in the previous session. Arrow Electronics has gained 119.7% since the start of the year compared to the 22.8% gain for the Zacks Computer and Technology sector and the 78% return for the Zacks Electronics - Parts Distribution industry.

What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 6, 2026, Arrow Electronics reported EPS of $5.45 versus consensus estimate of $4.45 while it beat the consensus revenue estimate by 5.74%.

For the current fiscal year, Arrow Electronics is expected to post earnings of $21.24 per share on $39.36 in revenues. This represents a 92.74% change in EPS on a 27.56% change in revenues. For the next fiscal year, the company is expected to earn $22.88 per share on $41.28 in revenues. This represents a year-over-year change of 7.71% and 4.89%, respectively.

Valuation MetricsArrow Electronics may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Arrow Electronics has a Value Score of A. The stock's Growth and Momentum Scores are C and C, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 11.4X current fiscal year EPS estimates, which is not in-line with the peer industry average of 16.5X. On a trailing cash flow basis, the stock currently trades at 16.8X versus its peer group's average of 18.8X. Additionally, the stock has a PEG ratio of 0.36. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Arrow Electronics an interesting choice for value investors.

Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Arrow Electronics currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Arrow Electronics passes the test. Thus, it seems as though Arrow Electronics shares could have potential in the weeks and months to come.

Key Takeaways Oscar Health trades at 4.5 times book value, above the 2.67 industry average, despite strong growth.OSCR membership hit 2.96 million as Q2 revenues surged 70% to $4.88 billion on higher enrollment and rates.Oscar Health targets 20% revenue CAGR through 2027 and a 5% operating margin next year. Shares of Oscar Health (OSCR - Free Report) are trading at a price-to-book multiple of 4.65, higher than the industry average of 2.65 and the median of 3.97 over three years.  It has a Value Score of B.

The premium valuation likely reflects Oscar’s technology-led, consumer-centric business model, along with its longer-term margin expansion potential supported by improving medical loss ratio (MLR) and SG&A ratios.

Oscar is a leading healthcare technology company built around a full-stack technology platform. It is well-positioned for sustained growth as it strengthens its presence in the expanding U.S. individual health insurance market.

Image Source: Zacks Investment Research

OSCR is expensive compared to Molina Healthcare (MOH - Free Report) and Centene (CNC - Free Report) . Molina Healthcare is a government-focused managed-care insurer with Marketplace and Medicaid exposure, while Centene is a major managed-care insurer with substantial ACA Marketplace exposure.

OSCR: An Outperformer    OSCR has gained 142.5% year to date, outperforming the industry, its sector, as well as the Zacks S&P 500 composite in the same time frame.  OSCR shares are trading at a discount to their 52-week high. 
 

Image Source: Zacks Investment Research

The rally likely reflects Oscar Health’s sharp improvement in profitability. Robust ACA membership growth, higher revenues, a better medical loss ratio and tighter cost control provided a meaningful boost to earnings. Management’s substantial upward revision to its 2026 profit outlook further reinforced investor confidence, supporting a significant rerating of the stock.

Molina Healthcare has gained 10.1% year to date, while Centene has gained 54.2% in the same time frame.

The Case for OSCR StockStructural changes in the labor market, including the expansion of gig work, part-time employment, self-employment and early retirement, are increasing demand for portable health coverage outside traditional employer-sponsored plans. Oscar Health appears well positioned to benefit from this shift through its technology-driven platform, which combines plan design, member engagement, care navigation, claims processing and provider management. Its Individual Coverage Health Reimbursement Arrangements, Lucie Health marketplace and Trove Group also provide avenues for growth beyond the core insurance business.

Strong membership gains underscore growing adoption of Oscar’s offerings. Membership reached 2.96 million as of June 30, 2026, up 46% year over year. Second-quarter revenues surged 70% to $4.88 billion, driven by higher enrollment and premium-rate increases. For 2026, management expects revenues of $18.7-$19.0 billion, reflecting the company’s expanding presence in the individual insurance market.

Oscar also plans to enter more than 150 additional metropolitan statistical areas by 2027. Disciplined pricing, consumer-focused products and a scalable technology platform should support further expansion in the Affordable Care Act marketplace. Its strategy is aligned with broader healthcare trends such as rising costs, digitization, consumerization and increasing demand for personalized care.

Management is targeting a 20% revenue CAGR through 2027 and a 5% operating margin next year. Technology and AI investments, fixed-cost leverage and lower risk-adjustment expenses are supporting expense-ratio improvement.

Oscar also maintains strong liquidity, with $4.08 billion in cash and cash equivalents and $6.08 billion in investments versus roughly $432 million of long-term debt as of June 30, 2026.

Optimistic Analyst Sentiment on Oscar HealthThe Zacks Consensus Estimate for 2026 and 2027 revenues indicates a 60.8% and 10.2% year-over-year increase, respectively. The same for 2026 and 2027 earnings implies a 208.3% and 21% year-over-year increase, respectively.

The expected earnings growth rate is pegged at 49.7%, better than the industry average of 13.2%. The company has a Growth Score of A.

The consensus estimate for 2026 and 2027 earnings has moved 18.8% and 24% north, respectively, in the past 30 days.

Image Source: Zacks Investment Research

The consensus estimates for 2026 and 2027 earnings of Molina Healthcare, as well as Centene, witnessed upward movement in the past 30 days.

How to Play OSCR SharesOscar’s growing membership base, improving cost structure, scalable technology platform, disciplined underwriting and strong balance sheet should help translate its recent momentum into sustainable earnings growth. Its VGM Score of A further strengthens the investment case.

Although the stock trades at a premium valuation, favorable analyst sentiment, solid share-price momentum and Oscar’s positioning as a fast-growing healthcare platform remain encouraging. These factors make this Zacks Rank #2 (Buy) stock an attractive candidate for investors seeking exposure to the healthcare sector.

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

U.S. electric vehicle sales are sliding, yet Qualcomm's automotive revenue keeps climbing at a pace that defies the headline numbers. The reason has less to do with EVs than with something most investors overlook entirely.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

U.S. battery-electric sales fell 29.2% through September, while conventional hybrid sales rose 22.4%. Qualcomm’s automotive revenue grew 61.4% year over year and 19.8% sequentially in its latest reported quarter. Snapdragon’s opportunity spans vehicle computing and connectivity, but Qualcomm’s worldwide results cannot be directly compared with U.S.-only vehicle sales. Qualcomm (NASDAQ: QCOM | QCOM Price Prediction) offers investors a way to examine automotive growth beyond the number of electric vehicles sold. Its automotive revenue reached $1.588 billion in its latest reported quarter, even as the U.S. battery-electric market remained under pressure. The apparent contradiction reflects two distinctions that matter to shareholders: Qualcomm sells automotive chips worldwide, and its opportunity extends beyond the electric powertrain into the computing and connectivity used throughout a vehicle.

The investment question is whether Qualcomm can increase the value of the functions it supplies per vehicle as automakers adopt more sophisticated digital cockpits and driver-assistance systems. Those functions can be sold into gasoline vehicles, conventional hybrids, plug-in hybrids, and battery-electric vehicles. A weaker U.S. EV market creates a headwind, but it does not define the entire market for Snapdragon automotive products.

U.S. Buyers Are Choosing Different Forms of Electrification The U.S. sales mix strengthens the case for distinguishing automotive computing from a pure EV investment. The National Automobile Dealers Association’s October 5 update reported that battery-electric sales fell 29.2% year over year through September 2026, while conventional hybrid sales rose 22.4%. BEVs represented 6.2% of new light-duty vehicle sales, compared with 15.6% for conventional hybrids. These are January–September results, rather than September-only figures.

According to Table 1, the August data show the same division between conventional hybrids and vehicles requiring external charging. Conventional hybrids sold at more than twice the combined volume of BEVs and plug-in hybrids. The hybrid growth story therefore requires a distinction: conventional hybrids are gaining, while plug-in hybrids are also experiencing substantial pressure.

Table 1. U.S. Electrified Vehicle Sales (Million Units, Except Ratios) Vehicle category or metric September 2025 January 2026 August 2026 Battery-electric vehicles 0.146 0.063 0.080 Plug-in hybrids 0.030 0.012 0.020 Conventional hybrids 0.156 0.151 0.216 Combined BEV + PHEV sales 0.175 0.075 0.100 Conventional hybrids / combined plug-ins 0.89× 2.00× 2.16× Calculations and analysis: The Information Network Note: Volumes are rounded to three decimals in millions. Combined volumes and ratios use unrounded inputs. September 2025 included purchases ahead of the federal tax-credit expiration; the three observations are not a seasonally adjusted series.

For Qualcomm, the opportunity is to supply functions buyers want regardless of the powertrain selected. A conventional hybrid does not need an external charger, but it can still use a digital cockpit, connected services, and advanced driver assistance. That makes automotive computing a different investment proposition from charging infrastructure or components tied specifically to large battery packs.

Snapdragon Competes for More Value Within Each Vehicle Snapdragon Digital Chassis encompasses several platforms. Cockpit supports infotainment, displays, and user interaction. Connectivity links the vehicle to networks and cloud services. Ride addresses driver assistance and automated-driving workloads. Qualcomm can potentially expand its role when a customer adopts its products across several of these functions.

Ride Flex addresses the consolidation of cockpit and driving workloads on shared computing hardware while maintaining isolation and dedicated safety mechanisms. The commercial significance is the potential to capture a larger computing assignment in a vehicle. Consolidation can reduce the number of separate chips, so investors should evaluate the value of the functions Qualcomm supplies rather than assume every new vehicle contains more Qualcomm chips.

BMW provides evidence at two different stages of commercialization. Snapdragon Ride Pilot launched commercially in November 2025 in the BMW iX3, establishing a production deployment of Qualcomm’s driving-system technology. Separately, BMW’s July 2026 selection of Qualcomm as its lead compute silicon provider covers next-generation cockpit and automated-driving model programs starting in the 2030s. That later award supports long-term positioning but cannot explain revenue already reported. Neither disclosed deal value nor guaranteed vehicle volume establishes its eventual financial contribution.

Worldwide Revenue Changes the Interpretation According to Table 2, the geographic distribution of plug-in vehicle sales illustrates the scale of Qualcomm’s opportunity outside the United States. Greater China and Europe together represented 79.2% of global BEV and PHEV sales in August 2026, while the United States represented 5.5%. For investors, that distribution supports evaluating Snapdragon’s worldwide customer programs rather than using U.S. EV sales alone to assess its automotive growth potential.

Table 2. Regional Share of Global BEV and PHEV Sales Region or metric September 2025 January 2026 August 2026 Europe 20.5% 27.6% 21.4% Greater China 62.8% 50.1% 57.8% United States 8.2% 6.4% 5.5% Rest of world 8.5% 16.0% 15.2% Global BEV + PHEV sales, million units 2.149 1.179 1.806 Calculations and analysis: The Information Network Volumes are rounded to three decimals in millions; shares use unrounded inputs. Percentages measure shares of global plug-in sales, not penetration within each region. Conventional hybrids and fuel-cell vehicles are excluded. Vehicle coverage follows the underlying dataset’s passenger and commercial vehicle designation. Rounding can prevent shares from summing to 100%.

The table shows where demand is concentrated; these three monthly observations do not establish regional growth rates. September 2025 included purchases ahead of the U.S. federal tax-credit expiration, and January reflects a different seasonal period. Qualcomm’s ability to convert the international opportunity into revenue depends on customer adoption, computing content per vehicle, and competition. The regional shares also do not measure Qualcomm’s own revenue exposure, and its automotive products address gasoline vehicles and conventional hybrids in addition to plug-ins.

According to Table 3, automotive has become a larger contributor to Qualcomm’s semiconductor business. Revenue increased 61.4% year over year in fiscal Q3 2026 and 19.8% from the preceding quarter. Automotive accounted for 18.7% of QCT revenue, compared with 10.9% a year earlier. QCT is Qualcomm’s semiconductor business; its patent-licensing business is reported separately.

Table 3. Qualcomm’s Automotive Revenue and Semiconductor Mix ($ Millions, Except Percentages) Metric Fiscal Q3 2025 Fiscal Q2 2026 Fiscal Q3 2026 Automotive revenue 984 1,326 1,588 Total QCT revenue 8,993 9,076 8,504 Automotive share of QCT 10.9% 14.6% 18.7% Automotive revenue growth, year over year — 38.3% 61.4% Automotive revenue growth, quarter over quarter — — 19.8% Source: The Information Network compilation and calculations using Qualcomm’s reported results The geographic limitation is important. Table 1 covers nationwide U.S. sales, Table 2 covers worldwide plug-in sales, and Table 3 reports Qualcomm’s worldwide automotive revenue. These measures provide context for the investment case, but they cannot be treated as matching measures of U.S. EV chip demand.

Timing also differs. Semiconductor shipments to manufacturers occur before vehicles reach buyers, and inventory adjustments can separate chip orders from retail sales. Qualcomm’s revenue growth is consistent with expanding automotive adoption and content, but the reported totals do not isolate hybrids, individual products, or the effect of specific customer awards.

Investor Takeaway Qualcomm’s automotive expansion gives shareholders an additional growth opportunity as its smartphone business faces pressure. Apple’s development of its own modems threatens part of Qualcomm’s chip content in phones, while Snapdragon creates an opportunity to supply more computing functions in cars. Automotive growth does not automatically replace lost handset profits, and Qualcomm’s total fiscal Q3 revenue still fell approximately 4% despite its strong automotive performance.

My investment view is constructive because the automotive opportunity already has reported revenue and production deployments behind it. The next test is whether Qualcomm sustains that momentum as customer programs expand, while converting the changing revenue mix into stronger company-wide earnings. Investors should judge the shares against sustainable profits and the price paid, rather than treating an automotive design award as revenue already secured.

The U.S. EV slowdown makes that distinction more useful. Qualcomm’s opportunity depends on what it supplies inside the vehicle and where its customers produce and sell vehicles. Continued gains in computing content across multiple powertrains can support growth even when American BEV sales remain weak, although they do not eliminate exposure to an automotive downturn.

Contact [email protected] for any questions or corrections.

American Express, the premium credit-card and payments company
AXP +0.41% 89

, joined JPMorgan's October value-stock picks after an 18% year-to-date slide, according to TipRanks. Shares traded near $302.70, down roughly 0.1%, at approximately 11:24 a.m. ET on October 5. The valuation snapshot puts the stock 6.69% below its $324.39 GF Value estimate—a modest discount that leaves limited room for disappointment.

The business still has momentum. American Express reported second-quarter revenue of $19.64 billion, up 10%, as Card Member spending climbed 9%. Credit-loss provisions fell to $1.1 billion from $1.4 billion. But that improvement needs context: a reserve release helped lower provisions, while higher net write-offs pulled the other way. Lower provisions alone do not prove borrowers are getting stronger.

JPMorgan's selection gives the stock attention. Spending growth and credit performance will determine whether it deserves a recovery. If customers keep swiping and losses stay contained, the pullback could offer an opening. If delinquencies accelerate, that modest valuation cushion could disappear quickly. The next earnings report needs to deliver evidence, not just another endorsement.

Check the Warning Signs for

AXP

now!

Oracle (ORCL +0.13%) is a stock that I knew would have tremendous potential due to artificial intelligence (AI), as demand for its databases would be significant. More computing is being done in the cloud, and Oracle’s business should stand to benefit significantly from these opportunities.

While the stock soared 58% in 2024 and would continue rising the following year, it's been a much different story this year. It's down 26%, and trading at well under $150 -- nowhere near its 52-week high of more than $322.

Could now be a good time to buy the stock, or is Oracle still likely heading lower?

Image source: Getty Images.

Oracle's business has been boomingLast month, Oracle reported its latest earnings numbers, which were incredibly strong. Its revenue rose by 30%, and its unadjusted per-share profit was up by 55%. On top of that, the company also said that it achieved triple-digit growth in its cloud infrastructure business.

With a performance like that, the tech stock should be soaring. But it isn't. It's a sign that investors are worried about other factors, such as its high debt load, and also its close relationship with OpenAI, whose ability to post a profit and pay all its bills is weighing on the minds of many investors these days. The concerns are valid, and they reinforce the need for investors to consider more than just earnings multiples, sales growth, and profits.

OpenAI, for instance, accounts for around $300 billion of Oracle's backlog, which is a significant chunk. That creates a cloud of uncertainty as to how strong Oracle's future growth may be; the company's overall remaining performance obligations are $664 billion. Thus, investors who are not confident in OpenAI's ability to succeed may be less likely to take a chance on Oracle's stock.

Premium Feature

Moneyball Superscore

75/100

Today's Change

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0.13

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0.18

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142.48

Is Oracle's stock cheap enough to make up for these risks?When there are risks involving a business, investors will demand a discount; otherwise, they'll look elsewhere. Oracle's stock has been sliding due to the risks it poses, and it's now trading at less than 23 times its trailing earnings. Based on analyst projections, it's trading at about 18 times its estimated future profits, which is slightly less than the S&P 500 average of 20.

Overall, I don't think there's enough of a discount there to make Oracle's stock worth buying. It would need to fall further for it to be a compelling buy, given its close ties to OpenAI and the associated risk. There are far better tech stocks to buy than Oracle right now, which is why I'd pass on it.

Unity Software Inc. (NYSE:U) shares are rising Monday. Piper Sandler analyst James Callahan reiterated the rating and price target on the stock ahead of the company’s third-quarter report. Here’s what you should know.

Unity Software stock is among today’s top performers. Why is U stock surging? Piper Sandler Stays Bullish On Unity Ahead of EarningsPiper Sandler reiterated an Overweight rating and a $55 price target on Unity. Piper Sandler says it remains a buyer going into the third-quarter report.

PSC mobile gaming data points to continued momentum, Callahan said. Callahan also sees room for analysts to raise their estimates for Unity. The earnings report is the next event to watch, and higher estimates are the possible payoff.

Callahan flagged one risk. Broader macro pressure, such as a higher cost of supply, could weigh on Unity.

Piper Sandler Sees Unity’s Legal Fight With AppLovin as a PositivePiper Sandler also points to Unity’s dispute with AppLovin. AppLovin asked a California court for a temporary restraining order to restrict Unity from collecting certain data through its Ad Quality software. AppLovin alleges Unity improperly gathered data tied to its ads, and Unity has disputed that.

Callahan said the lawsuit news is positive for Unity, including the denial of the restraining order. Piper Sandler’s checks on the Ad Quality software are also quite positive, Callahan said.

U Shares Are Moving HigherU Price Action: Unity shares were up 5.30% at $45.92 at the time of publication on Monday, according to Benzinga Pro.

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Lam Research, the wafer-fabrication equipment supplier LRCX , slipped approximately 0.8% at 11.14am ET to $344.64 in the October 5 snapshot, despite a higher B. Riley price target ahead of its September-quarter earnings report. The analyst sees more upside. Investors are still waiting for the numbers to back it up.

B. Riley raised its target to $390 from $350 and kept its Buy rating, according to ad-hoc-news.de. That puts the target roughly 13.2% above the share price. The report also cited June-quarter revenue of $6.72 billion and a 52% gross margin. The valuation graphic adds a caution flag: shares sit 119.21% above the $157.22 GF Value estimate, suggesting plenty of growth is already priced in.

The bull case hinges on increasingly complex AI memory chips driving more demand for Lam's etch and deposition tools. But stronger demand must translate into profitable sales. The October 21 report puts customer spending, margins and service growth under the microscope. A higher target raises expectations. Orders and guidance have to deliver.

Argent Capital Management LLC purchased a new position in Dynatrace, Inc. (NYSE:DT – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 378,739 shares of the company’s stock, valued at approximately $21,868,000. Argent Capital Management LLC owned approximately 0.13% of Dynatrace at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DT. Hsbc Holdings PLC grew its position in Dynatrace by 12.0% during the 4th quarter. Hsbc Holdings PLC now owns 243,259 shares of the company’s stock worth $10,568,000 after purchasing an additional 26,129 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Dynatrace by 23.5% in the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock valued at $506,229,000 after purchasing an additional 2,191,497 shares in the last quarter. Fox Run Management L.L.C. boosted its position in shares of Dynatrace by 98.4% in the fourth quarter. Fox Run Management L.L.C. now owns 53,422 shares of the company’s stock worth $2,315,000 after buying an additional 26,494 shares during the period. Eminence Capital LP boosted its position in shares of Dynatrace by 33.0% in the fourth quarter. Eminence Capital LP now owns 4,527,266 shares of the company’s stock worth $196,212,000 after buying an additional 1,122,855 shares during the period. Finally, American Capital Management Inc. purchased a new position in shares of Dynatrace during the first quarter valued at $38,987,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance DT traded up $0.79 during midday trading on Monday, hitting $60.11. 1,499,033 shares of the company’s stock traded hands, compared to its average volume of 6,440,724. The company has a market cap of $17.37 billion, a PE ratio of 120.23, a price-to-earnings-growth ratio of 3.67 and a beta of 0.77. The stock’s fifty day simple moving average is $51.70 and its 200-day simple moving average is $44.03. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $60.68.

Dynatrace (NYSE:DT – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $554.55 million for the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. Dynatrace’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, research analysts expect that Dynatrace, Inc. will post 1.1 EPS for the current year. Analyst Upgrades and Downgrades A number of equities research analysts have commented on DT shares. Citigroup raised their price objective on Dynatrace from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada upped their target price on Dynatrace from $50.00 to $59.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Canaccord Genuity Group increased their price target on shares of Dynatrace from $46.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. BTIG Research restated a “buy” rating and set a $62.00 price target on shares of Dynatrace in a report on Tuesday, September 15th. Finally, KeyCorp boosted their price objective on shares of Dynatrace from $53.00 to $61.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Twenty-three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $56.89.

Check Out Our Latest Research Report on Dynatrace

Insider Buying and Selling at Dynatrace In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the completion of the sale, the executive vice president owned 904,846 shares of the company’s stock, valued at $51,766,239.66. This represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is owned by corporate insiders.

Dynatrace Profile (Free Report)

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company’s products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.

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, /PRNewswire/ -- AGCO (NYSE: AGCO) is demonstrating autonomy, artificial intelligence (AI) and mixed-fleet connectivity during its annual Tech Day at Stewart Farms near Yorkville, outside Chicago, Illinois. Showcased during the fall harvest, the technologies are designed to help farmers increase productivity, improve efficiency and enhance profitability across the crop cycle.

AGCO’s OutRun autonomous platform operates alongside two driverless Fendt tractors during AGCO Tech Day 2025 in Germany. At this year’s event near Chicago, AGCO will demonstrate autonomy, AI and mixed-fleet technologies spanning farm management, planting, weed control, harvest, grain handling, fertilizer application, tillage and service support. "Farmers judge technology by what it returns, not by what it promises," said Eric Hansotia, AGCO's Chairman, President and CEO. "At Tech Day, we are demonstrating autonomy, AI and connected solutions in the conditions farmers work in every day, helping them get more value from every pass across the field."

AGCO'sPTx® precision agriculture solutions are built to work across brands and machines and reach farmers through a dedicated technology channel designed to accelerate adoption. By combining specialized PTx dealers, AGCO machine dealers and OEM partnerships, AGCO can deliver retrofit and factory-fit solutions that help farmers connect mixed fleets, put their data to work and get more value from the equipment they already operate.

Throughout the event, AGCO will demonstrate how connected technologies work together from planning and planting through crop protection, harvest and service support:

Farm Management:PTxFarmENGAGE™ connects mixed fleets through a common digital platform, while the Panorama® intelligence platform transforms machine and agronomic data into actionable insights. Aurora™,AGCO's AI assistant that operates within Panorama, allowing farmers to ask questions using voice or text and quickly access the maps, reports and insights they need to make informed decisions. Planting: Momentum® planters, ArrowTube™ and Panorama work together to improve seed placement and support more consistent crop emergence. Weed Control: The FendtRogator® 900 equipped with AI-enabled SymphonyVision™ technology specifically targets only weeds with precision application capabilities designed to reduce chemical use and improve efficiency. Harvest Season: Harvest, grain handling, fertilizer application and tillage all land in the same six-to-eight-week window and finding labor to get them done on time is a challenge. At Tech Day, the Fendt IDEAL® combine runs alongside PTx's mixed-fleet retrofit autonomy solution, OutRun™ for tillage and in-field harvest logistics utilizing autonomous grain carts, with a FendtRogator applying next year's fertilizer behind the harvest so nutrients are incorporated before runoff losses can occur. The result is more jobs completed on schedule with the crew a farmer actually has. FarmerCore:AGCO's unique distribution service model combines over-the-air updates, remote diagnostics and expanded on-farm support to reduce downtime and bring expertise closer to farmers. "Our Farmer-First strategy starts with giving farmers more choice in how they adopt technology," said Hansotia. "Whether through the equipment they already own, the brands they prefer or the dealer relationships they trust, AGCO is focused on making practical innovation easier to access and more valuable in the field."

The solutions demonstrated at Tech Day are commercially available today or progressing toward commercial availability. Farmers can learn more through their local Fendt®, Massey Ferguson®, Valtra®, or PTx dealer.

AGCO will host a presentation as part of Tech Day activities that updates the company's strategy and provides a detailed review of AGCO's precision ag business. The presentation on October 6 at 5:00 p.m. Central Time (CT) will feature Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, President, PTx and Corporate Strategy. Investors may listen to a live webcast of the presentation by accessing the "Events and Presentations" section of the company's Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.

Fendt, IDEAL, Massey Ferguson, Momentum, PTx, Rogator and Valtra are registered trademarks of AGCO. Aurora and OutRun are trademarks of AGCO. Panorama is a registered trademark of Precision Planting, LLC. ArrowTube, FarmENGAGE and SymphonyVision are trademarks of Precision Planting, LLC.

About AGCO
AGCO (NYSE: AGCO) is a global leader in agricultural machinery and precision agriculture technologies. Driven by a Farmer-First strategy, AGCO delivers value through its differentiated leading brands, Fendt™, Massey Ferguson™, PTx™ and Valtra™.  AGCO's high-performance equipment and smart farming solutions, including brand-agnostic retrofit technologies and autonomous offerings, empower farmers to drive productivity while sustainably feeding the world. For more information, visit www.agcocorp.com.  

SOURCE AGCO Corporation

Final delivery and training under LAND 159 Tranche 1 supports Australian Army sniper capability  | Source: Leonardo DRS, Inc.

ARLINGTON, Va., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has completed final training and delivery for the Improved Night/Day Observation Device (INOD) Block III thermal weapon sights provided to the Australian Army under the LAND 159 Tranche 1 program.

The INOD Block III is a clip-on thermal weapon sight designed to help snipers and special operations forces detect, identify and engage targets in low-light and degraded visual conditions, including darkness, smoke, haze and adverse weather. Mounted in front of an existing direct-view optic, the system is designed to preserve the operator’s zeroed scope and is compatible with magnifications from 5x to greater than 25x. 

“Completing delivery and training for the Australian Army is an important milestone for our team,” said Jerry Hathaway, senior vice president and general manager of Leonardo DRS Electro-Optical and Infrared Systems business unit. “The INOD Block III provides a thermal sighting capability intended to support sniper operations in demanding conditions, and the training helps ensure personnel are prepared to operate and maintain the system.” 

The sight uses a micro-cooled, 640-by-480 mid-wave infrared focal plane array to provide thermal imagery and target discrimination in conditions that can limit conventional optics. 

Designed for sustained field use, the system uses lithium batteries with hot-swap capability, allowing battery changes without interrupting operation. The sight can also use external power for extended static-surveillance tasks. A rear-facing focus knob, wired remote control and glove-compatible, one-handed operation support use in field conditions. 

For the Australian Army, the LAND 159 Tranche 1 acquisition represents a step-change in long-range lethality. Australian snipers will now carry the same generation of thermal sight currently fielded with U.S. Army Special Operations Forces, strengthening interoperability with Australia’s primary alliance partner across joint and coalition operations. Beyond the hardware, DRS provided hands-on training to Australian Army personnel to support operation and maintenance of the systems. The company is a provider of individual weapon sights and thermal targeting systems to the U.S. Army. The INOD family is part of DRS’s thermal sighting portfolio, which also includes the Family of Weapon Sights program. 

Australian defense company NIOA is the prime contractor for LAND 159 Tranche 1 and managed local program coordination and delivery logistics on behalf of the Australian Army. 

About Leonardo DRS

Leonardo DRS, Inc. (Nasdaq: DRS) is at the forefront of developing transformative defense technologies using its proven agility and delivering innovative solutions for U.S. national security customers and allies worldwide. We specialize in rapidly providing high-performance, multi-domain capabilities across next-generation advanced sensing, network computing, force protection, and electric power and propulsion. Our reputation as a trusted provider is built on a continuous focus on practical innovation, delivering quality, and meeting our customers’ most demanding mission requirements. For further information on our complete range of capabilities, visit www.LeonardoDRS.com.

Forward-Looking Statements

This communication contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements which include contract values, contract performance and our development and production of products are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.

Leonardo DRS Investor Relations Contact
Camilla Yanushevsky
Director, Investor Relations
+1 571 309 8216
[email protected]

Leonardo DRS Media Contact
Charles Jones
Director, Marketing and Corporate Communications
+1 571-737-8800
[email protected]  

Leonardo DRS

Argent Capital Management LLC trimmed its stake in Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 16.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,205 shares of the construction company’s stock after selling 635 shares during the period. Argent Capital Management LLC’s holdings in Comfort Systems USA were worth $5,301,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Prudential PLC purchased a new stake in Comfort Systems USA in the 4th quarter worth about $6,922,000. Simplicity Wealth LLC purchased a new position in shares of Comfort Systems USA during the second quarter valued at approximately $601,000. New York State Teachers Retirement System boosted its position in shares of Comfort Systems USA by 2.7% during the first quarter. New York State Teachers Retirement System now owns 30,665 shares of the construction company’s stock valued at $42,287,000 after buying an additional 800 shares during the period. ING Groep NV bought a new position in shares of Comfort Systems USA during the fourth quarter valued at approximately $4,245,000. Finally, Storgate LLC purchased a new stake in shares of Comfort Systems USA in the fourth quarter worth approximately $644,000. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Insider Transactions at Comfort Systems USA In other Comfort Systems USA news, Director Franklin Myers sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $1,693.92, for a total transaction of $6,775,680.00. Following the completion of the transaction, the director directly owned 8,495 shares of the company’s stock, valued at approximately $14,389,850.40. This trade represents a 32.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Brian E. Lane sold 16,024 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $1,608.21, for a total transaction of $25,769,957.04. Following the completion of the sale, the insider owned 145,065 shares in the company, valued at $233,294,983.65. The trade was a 9.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,078 shares of company stock worth $43,211,828 over the last three months. 1.24% of the stock is currently owned by insiders.

Comfort Systems USA Stock Down 0.6% Shares of NYSE:FIX traded down $11.11 during trading on Monday, reaching $1,716.90. The stock had a trading volume of 89,583 shares, compared to its average volume of 432,192. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 0.02. Comfort Systems USA, Inc. has a one year low of $770.47 and a one year high of $2,073.99. The company has a market capitalization of $60.42 billion, a P/E ratio of 42.24 and a beta of 1.66. The firm’s 50-day simple moving average is $1,654.28 and its 200 day simple moving average is $1,714.92. Comfort Systems USA (NYSE:FIX – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The construction company reported $12.53 earnings per share for the quarter, beating analysts’ consensus estimates of $10.45 by $2.08. Comfort Systems USA had a net margin of 12.77% and a return on equity of 53.55%. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the previous year, the company earned $6.53 earnings per share. The business’s quarterly revenue was up 50.3% compared to the same quarter last year. As a group, research analysts expect that Comfort Systems USA, Inc. will post 48.15 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Thursday, August 13th were paid a $0.90 dividend. The ex-dividend date was Thursday, August 13th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.80. This represents a $3.60 annualized dividend and a dividend yield of 0.2%. Comfort Systems USA’s dividend payout ratio (DPR) is 8.85%.

Analyst Upgrades and Downgrades A number of equities analysts recently issued reports on FIX shares. Stifel Nicolaus set a $1,910.00 price objective on Comfort Systems USA in a report on Monday, July 27th. The Goldman Sachs Group initiated coverage on shares of Comfort Systems USA in a research note on Thursday, July 9th. They set a “buy” rating and a $2,159.00 target price for the company. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. KeyCorp lifted their price objective on shares of Comfort Systems USA from $2,004.00 to $2,110.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Finally, Weiss Ratings cut shares of Comfort Systems USA from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $2,082.86.

Read Our Latest Stock Report on FIX

Comfort Systems USA Company Profile (Free Report)

Comfort Systems USA, Inc (NYSE:FIX) provides mechanical, electrical, and other contracting services for commercial, industrial, and institutional customers. Its work supports the construction, renovation, and ongoing operation of facilities such as office buildings, hospitals, schools, data centers, manufacturing plants, and other complex infrastructure.

The company’s services include heating, ventilation, and air conditioning; plumbing and piping; electrical contracting; building automation and controls; and related specialty services.

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Gartner Inc (NYSE:IT), the research and advisory company, is expected to report third-quarter contract value growth of 2.5%, slightly above the 2.3% Visible Alpha estimate, according to UBS.

The analyst expects net new contract value to increase by $58 million in the quarter, down slightly from its previous estimate of $60 million.

Contract value growth excluding federal business is forecast to slow by about 40 basis points to 3.1% from 3.5% in the second quarter, reflecting a difficult renewal backdrop and selling environment.

UBS expects net new contract value excluding federal business of $45 million, down from its previous estimate of $60 million and last year’s $62 million.

Federal net new contract value is forecast at $13 million, compared with $11 million in the second quarter and a $49 million decline a year earlier, helped by seasonally higher government procurement in the third quarter.

UBS expects Gartner to raise its 2026 revenue guidance to at least $6.380 billion from $6.375 billion, although that would remain below the $6.395 billion analyst estimate.

Adjusted EBITDA guidance is expected to increase to at least $1.605 billion from $1.570 billion, while adjusted earnings per share guidance could rise to $14.55+ from $14.00+.

UBS expects the guidance increase to be driven primarily by margin contingency, while a $5 million increase in each of Conferences and Consulting would more than offset a $5 million foreign exchange headwind to Insights revenue.

The analyst models just under $200 million of share buybacks in the third quarter, noticeably below the levels of recent quarters, amid a potential moderation in repurchase activity.

UBS trimmed its 2026 adjusted earnings per share estimate to $15.04 from $15.14, citing slightly lower fourth-quarter revenue from Conferences and foreign exchange.

For 2027, UBS cut its adjusted earnings per share estimate to $16.01 from $16.05 because of lower revenue, partly offset by a slightly higher margin and lower share count.

UBS said indicators were mixed, with Gartner job openings about 10% below their mid-July peak, while the Business Roundtable CEO Index rose to 94.4 from 90.7 in the second quarter, its highest level since early 2022.

Key Takeaways Howmet shares gained 21.4% in the past year, outperforming the S&P 500 and its industry.HWM raised its 2026 revenue outlook to $10.00-$10.10 billion amid strong aerospace demand.Howmet's growth outlook is supported by engine spares demand, but high debt and valuation pose risks. Howmet Aerospace Inc.’s (HWM - Free Report) shares have gained 21.4% in the past year, outpacing the S&P 500’s gain of 15.4% and the industry’s 18.1% decline. The leading provider of jet engine components and fastening systems for the aerospace and transportation industries has also outshone its peers like Textron Inc. (TXT - Free Report) and L3Harris Technologies, Inc. (LHX - Free Report) , which have lost 11.6% and 22%, respectively, over the same time frame.

HWM Outperforms the Industry, S&P 500 & Peers
Image Source: Zacks Investment Research

Closing at $231.27 on Oct. 2, the stock is trading below its 52-week high of $310.00 but higher than its 52-week low of $183.83. However, the stock is trading below both its 50-day and 200-day moving averages. Let’s take a closer look at the company’s fundamentals, growth prospects and challenges to make an informed choice.

Factors Driving HowmetHowmet continues to benefit from robust commercial aerospace demand. Strong narrow- and wide-body aircraft activity is driving higher OEM spending, while increased air travel is boosting aircraft utilization and demand for the company’s parts and products.

Revenues from the commercial aerospace market rose 28% year over year in the second quarter of 2026, accelerating from 20% growth in the first quarter. The market accounted for 53% of HWM’s total business, driven by strong demand for engine spares. Solid A320 and A350 build rates at Airbus and the recovery in Boeing 737 MAX production are expected to support demand for HWM’s engine spares.

While the commercial aerospace market has remained the major driver for the company, the defense side of the industry has also been witnessing positive momentum, cushioned by steady government support. HWM has been experiencing robust orders for engine spares for the F-35 program and other legacy fighters. Revenues from the defense aerospace market increased 11% year over year in the second quarter, constituting 15% of the company’s total business.

Howmet expects demand across the commercial aerospace, defense aerospace and gas turbine markets to rise in 2026, supported by higher engine spares demand. The company raised its 2026 revenue outlook to $10.00-$10.10 billion. Adjusted EBITDA is anticipated between $3.21 billion and $3.25 billion, with adjusted earnings projected at $5.23-$5.31 per share.

Howmet’s shareholder-return initiatives remain supportive. In the first half of the year, HWM paid $97 million in dividends. In July 2026, the company increased its quarterly dividend 17% to 14 cents per share, or 56 cents annually. Through July, Howmet also repurchased $800 million of shares year to date.

Howmet’s measures to reward shareholders are also encouraging. During the first half of the year, HWM distributed $97 million in dividends. In July 2026, it raised its quarterly dividend by 17% to 14 cents per share, equivalent to 56 cents annually. Additionally, through July, the company had repurchased $800 million worth of shares year to date.

Howmet’s shareholder-friendly policies are supported by its healthy liquidity position. Exiting the second quarter, HWM’s cash equivalents were $563 million, higher than its short-term borrowings of $450 million. In the first half of the year, Howmet generated cash of $1.04 billion from operating activities (up 48% year over year), while its free cash flow totaled $838 million (up 75% year over year).

Earnings Estimate Revision
Image Source: Zacks Investment Research

Earnings estimates for HWM have moved north over the past 60 days, reflecting analysts’ optimism.

The Zacks Consensus Estimate for 2026 earnings is pegged at $5.33 per share, suggesting year-over-year growth of 7.2%. The consensus mark for 2027 earnings is pinned at $6.38 per share, indicating a year-over-year increase of 7.4%. As earnings estimates increase, the stock is likely to follow suit.

Near-Term ConcernsHowmet’s high debt level remains a concern. Exiting the second quarter of 2026, the company’s long-term debt (less amount due within one year) was $4.1 billion. The same stood at $2.86 billion at 2025-end. This increase was primarily attributable to funds raised for the company’s Consolidated Aerospace Manufacturing buyout (in April 2026).

HWM’s Valuation
Image Source: Zacks Investment Research

The stock trades at a forward 12-month price-to-earnings (P/E) ratio of 37.73X, higher than the industry average of 28.37X. Also, it is overvalued compared with its peers, Textron and L3Harris Technologies. Notably, Textron and L3Harris Technologies are trading at 10.85X and 18.03X, respectively. This elevated valuation could make the stock vulnerable to further pullbacks if market sentiment sours.

Final Take on HWMStrong trends across commercial and defense aerospace markets, driven by healthy production rates, engine spare demand and robust defense spending, support Howmet’s growth prospects. A solid liquidity position and shareholder-friendly actions further strengthen HWM’s investment appeal.

Despite its expensive valuation and rise in debt level, positive analyst sentiment, robust growth prospects and higher annual guidance for revenues and earnings indicate it is the appropriate time for potential investors to bet on this Zacks Rank #2 (Buy) company. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Tompkins Financial Corp decreased its holdings in TE Connectivity Ltd. (NYSE:TEL – Free Report) by 15.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,045 shares of the electronics maker’s stock after selling 5,427 shares during the period. Tompkins Financial Corp’s holdings in TE Connectivity were worth $6,342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TEL. MCF Advisors LLC raised its stake in shares of TE Connectivity by 14.1% in the fourth quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock valued at $83,000 after acquiring an additional 45 shares during the period. JNBA Financial Advisors grew its holdings in TE Connectivity by 67.1% during the 2nd quarter. JNBA Financial Advisors now owns 127 shares of the electronics maker’s stock valued at $26,000 after purchasing an additional 51 shares during the last quarter. Legacy Wealth Asset Management LLC raised its position in TE Connectivity by 0.7% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 7,837 shares of the electronics maker’s stock worth $1,580,000 after purchasing an additional 52 shares during the period. Advocacy Wealth Management LLC boosted its position in shares of TE Connectivity by 1.0% during the second quarter. Advocacy Wealth Management LLC now owns 5,747 shares of the electronics maker’s stock valued at $1,159,000 after buying an additional 56 shares during the period. Finally, Kennebec Savings Bank grew its stake in shares of TE Connectivity by 1.7% during the first quarter. Kennebec Savings Bank now owns 3,455 shares of the electronics maker’s stock valued at $722,000 after buying an additional 58 shares during the last quarter. Institutional investors own 91.43% of the company’s stock.

Analyst Ratings Changes Several research analysts recently issued reports on the stock. UBS Group reissued a “buy” rating and set a $241.00 target price on shares of TE Connectivity in a report on Thursday, July 23rd. Robert W. Baird cut their price target on TE Connectivity from $240.00 to $225.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Sanford C. Bernstein started coverage on TE Connectivity in a research report on Wednesday, September 23rd. They set an “outperform” rating and a $243.00 price target for the company. Barclays boosted their price target on TE Connectivity from $297.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 15th. Finally, Wall Street Zen raised shares of TE Connectivity from a “hold” rating to a “buy” rating in a research note on Sunday, September 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $251.36.

Read Our Latest Stock Report on TE Connectivity TE Connectivity Price Performance TEL stock traded down $0.73 during trading on Monday, reaching $219.63. 338,166 shares of the company were exchanged, compared to its average volume of 2,366,885. The stock’s 50 day moving average price is $209.44 and its 200 day moving average price is $209.42. The company has a market cap of $63.58 billion, a P/E ratio of 21.54, a PEG ratio of 1.30 and a beta of 1.14. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.23 and a current ratio of 1.88. TE Connectivity Ltd. has a 52-week low of $190.27 and a 52-week high of $252.56.

TE Connectivity (NYSE:TEL – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.09. The firm had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.01 billion. TE Connectivity had a net margin of 15.61% and a return on equity of 24.59%. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm posted $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, analysts predict that TE Connectivity Ltd. will post 11.48 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Friday, November 20th will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, November 20th. TE Connectivity’s dividend payout ratio is 30.59%.

(Free Report)

TE Connectivity Ltd. (NYSE: TEL) is a global technology and manufacturing company that designs and produces connectivity and sensor solutions. Its products include connectors, terminals, relays, sensors, switches, circuit-protection devices, antennas and related components used to transmit power, data and signals reliably in demanding environments.

The company serves customers across the automotive, commercial transportation, industrial, aerospace and defense, medical, energy, data communications and consumer-device markets.

Featured Stories Five stocks we like better than TE Connectivity A Manufacturing Surprise Could Be a Big Win for These 2 Companies What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks Insiders Are Selling These 3 Stocks, Should You? Want to see what other hedge funds are holding TEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TE Connectivity Ltd. (NYSE:TEL – Free Report).

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Neville Rodie & Shaw Inc. lessened its holdings in MKS Inc. (NASDAQ:MKSI – Free Report) by 41.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,545 shares of the scientific and technical instruments company’s stock after selling 1,815 shares during the period. Neville Rodie & Shaw Inc.’s holdings in MKS were worth $675,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MKSI. Carolina Wealth Advisors LLC raised its holdings in shares of MKS by 47.5% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 87 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 28 shares in the last quarter. Angeles Wealth Management LLC raised its position in shares of MKS by 4.8% during the second quarter. Angeles Wealth Management LLC now owns 917 shares of the scientific and technical instruments company’s stock valued at $408,000 after buying an additional 42 shares during the last quarter. Blue Trust Inc. raised its stake in shares of MKS by 1.1% in the first quarter. Blue Trust Inc. now owns 4,274 shares of the scientific and technical instruments company’s stock valued at $982,000 after purchasing an additional 47 shares in the last quarter. Keating Financial Advisory Services Inc. bought a new position in shares of MKS during the 2nd quarter worth about $25,000. Finally, Baird Financial Group Inc. boosted its holdings in MKS by 2.9% during the second quarter. Baird Financial Group Inc. now owns 2,252 shares of the scientific and technical instruments company’s stock valued at $1,002,000 after purchasing an additional 63 shares in the last quarter. 99.79% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets In other MKS news, EVP John Williams sold 457 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $288.31, for a total transaction of $131,757.67. Following the transaction, the executive vice president directly owned 4,098 shares in the company, valued at approximately $1,181,494.38. This represents a 10.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Tseng-Chung Lee sold 10,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $302.01, for a total value of $3,020,100.00. Following the completion of the sale, the chief executive officer directly owned 134,776 shares of the company’s stock, valued at $40,703,699.76. The trade was a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 10,757 shares of company stock worth $3,227,146. 0.57% of the stock is owned by corporate insiders.

MKS Stock Performance Shares of NASDAQ MKSI traded up $2.09 during trading hours on Monday, reaching $281.24. 431,264 shares of the stock were exchanged, compared to its average volume of 1,373,221. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.72 and a current ratio of 1.14. The firm has a market capitalization of $19.02 billion, a price-to-earnings ratio of 44.81, a P/E/G ratio of 0.59 and a beta of 2.03. The stock’s fifty day simple moving average is $274.52 and its 200 day simple moving average is $298.68. MKS Inc. has a 52 week low of $120.91 and a 52 week high of $447.62. MKS (NASDAQ:MKSI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.91 by $0.39. MKS had a return on equity of 24.72% and a net margin of 10.15%.The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the firm earned $1.77 EPS. The company’s quarterly revenue was up 28.3% compared to the same quarter last year. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Sell-side analysts predict that MKS Inc. will post 13.13 EPS for the current year.

MKS Announces Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th were issued a $0.25 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $1.00 annualized dividend and a yield of 0.4%. MKS’s payout ratio is presently 15.95%.

Analyst Ratings Changes A number of brokerages recently issued reports on MKSI. Bank of America increased their target price on shares of MKS from $380.00 to $500.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Wall Street Zen upgraded shares of MKS from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. KeyCorp lifted their price objective on MKS from $360.00 to $475.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Mizuho decreased their target price on MKS from $360.00 to $330.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $600.00 price objective on shares of MKS in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, MKS has an average rating of “Moderate Buy” and a consensus target price of $375.93.

Check Out Our Latest Analysis on MKSI

MKS Profile (Free Report)

MKS Instruments, Inc develops technologies used to measure, control and analyze the processes involved in manufacturing semiconductors, electronics, specialty materials and other industrial products. The company serves original equipment manufacturers and production facilities worldwide, with solutions spanning vacuum control, pressure measurement, gas and fluid delivery, process monitoring and control.

Its product portfolio includes vacuum gauges and valves, mass flow controllers, gas and vapor delivery systems, pressure controllers, plasma-generation and power-delivery systems, analytical instruments, lasers and photonics equipment.

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Shares of Nu Holdings (NU +13.48%) charged sharply higher on Monday, climbing as much as 15.1% in early trading. As of 1:10 p.m. ET, the stock was still up 13.3%.

The catalyst that sent the fintech stock higher was the initial outcome of the primary elections in Brazil.

Image source: The Motley Fool.

Voters get their sayBrazilian presidential elections were held on Sunday. The initial outcome showed that neither current President Luiz Inácio Lula da Silva nor challenger Flávio Bolsonaro -- son of disgraced former President Jair Bolsonaro -- had secured enough votes for a 50% majority needed for an outright victory. As a result, the two will face a run-off election on Oct. 25.

However, with more than 99% of the votes counted, Bolsonaro won 47% of the vote, while da Silva captured 45.1%. The remaining votes went to a variety of challengers, forcing the run-off to be held later this month. Bolsonaro is favored to win, following a strong showing by other right-wing candidates, who won various gubernatorial or congressional races.

On the heels of the election results, the Ibovespa index (IBOV) -- Brazil's main stock index -- opened at a record high.

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So what does this have to do with Nu Holdings? Bolsonaro campaigned on a business-friendly platform focused on lowering taxes and reducing government spending. If successful, his approach could result in lower interest rates, which -- in turn -- would be a boon for financial stocks, including Nu Holdings. Furthermore, lower interest rates would take some of the pressure off debt-laden consumers, thereby reducing late payments and defaults on unsecured debt.

And at just 21 times earnings, Nu Holdings stock is attractively priced.

Danny Vena, CPA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nu Holdings. The Motley Fool has a disclosure policy.

Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) CTO Danila Shtan sold 14,546 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $234.16, for a total value of $3,406,091.36. Following the sale, the chief technology officer owned 260,217 shares of the company’s stock, valued at approximately $60,932,412.72. This represents a 5.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Nebius Group Stock Down 4.4% Shares of NBIS stock traded down $10.68 during mid-day trading on Monday, hitting $232.13. 7,479,952 shares of the stock traded hands, compared to its average volume of 17,584,018. Nebius Group N.V. has a 52-week low of $73.52 and a 52-week high of $299.86. The stock has a market cap of $58.73 billion, a P/E ratio of -7,746.55 and a beta of 4.18. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03. The stock’s fifty day moving average is $219.62 and its two-hundred day moving average is $200.43.

Nebius Group (NASDAQ:NBIS – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.55. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The business had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. During the same quarter in the previous year, the firm earned $2.38 earnings per share. The company’s revenue was up 454% on a year-over-year basis. Equities analysts predict that Nebius Group N.V. will post -3.48 EPS for the current year.

Wall Street Analyst Weigh In A number of brokerages have recently issued reports on NBIS. Northland Securities increased their target price on Nebius Group from $248.00 to $410.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. Weiss Ratings raised shares of Nebius Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 25th. Citigroup lifted their target price on shares of Nebius Group from $278.00 to $324.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Finally, Freedom Capital upgraded shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Nebius Group has an average rating of “Moderate Buy” and a consensus target price of $241.80. Read Our Latest Report on Nebius Group

Institutional Inflows and Outflows A number of large investors have recently added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new stake in Nebius Group during the 2nd quarter worth approximately $25,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of Nebius Group in the second quarter worth $28,000. GoalVest Advisory LLC acquired a new position in shares of Nebius Group in the second quarter worth $28,000. Eastern Bank raised its stake in shares of Nebius Group by 66.3% in the third quarter. Eastern Bank now owns 158 shares of the company’s stock valued at $37,000 after acquiring an additional 63 shares in the last quarter. Finally, N.E.W. Advisory Services LLC raised its stake in shares of Nebius Group by 76.0% in the second quarter. N.E.W. Advisory Services LLC now owns 176 shares of the company’s stock valued at $49,000 after acquiring an additional 76 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Nebius Group Here are the key news stories impacting Nebius Group this week:

Positive Sentiment: Inferize acquisition strengthens AI offerings: Nebius acquired Inferize to enhance its Token Factory inference platform, reduce “cold starts,” improve GPU utilization, and potentially lower idle-capacity costs as AI workloads expand. Nebius Strengthens Token Factory With Inferize Acquisition Positive Sentiment: Large contracted demand provides revenue visibility: Contracts with Microsoft and Meta reportedly total about $32 billion, with potential commitments reaching roughly $49 billion. Microsoft is obligated to pay for contracted capacity even if it does not fully use it, supporting Nebius’ long-term growth outlook. Nebius Has $40 Billion of Customer Commitments Positive Sentiment: Competitive positioning remains favorable: One analysis argues Nebius is winning AI infrastructure customers that CoreWeave cannot serve, citing its balance sheet and ability to expand capacity more quickly. CoreWeave vs. Nebius Neutral Sentiment: Partner-owned infrastructure could improve capital efficiency: Allowing partners to own some buildings and GPUs may reduce Nebius’ capital requirements and risk, but partner economics could also limit the profit retained by shareholders. Can Nebius Earn Better Returns by Letting Partners Own the Hardware? Negative Sentiment: Customer concentration is a risk: Most commitments come from Microsoft and Meta, increasing exposure to the spending plans and creditworthiness of just two customers. Negative Sentiment: CEO sold shares: Chief Executive Officer Arkadiy Volozh sold 37,778 shares for approximately $8.85 million, reducing his stake by 4.59%. Although he still owns a substantial position, the sale may weigh on sentiment. SEC Form 4 filing Negative Sentiment: AI valuation and pricing concerns persist: Investor Michael Burry expects an AI-bubble reversal that could sharply pressure Nebius by mid-2027. Separate commentary says AI compute pricing is already slipping, raising concerns about future margins and the sustainability of high growth expectations. About Nebius Group (Get Free Report)

Nebius Group N.V. is a technology company focused on artificial intelligence infrastructure and related services. Through its Nebius AI business, the company provides cloud-based computing infrastructure designed for developing, training and deploying machine-learning and generative AI applications, including access to accelerated computing, data storage, networking and managed cloud services.

The company also develops tools and services intended to support AI developers and businesses, including data and machine-learning infrastructure.

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The artificial intelligence (AI) cloud company Nebius (NBIS -4.01%) has gone on a fantastic run over the past 12 months, with its share price soaring 110%. Demand for neocloud companies that rent out data center capacity to tech companies is accelerating, and Nebius is tapping straight into that need.

The trajectory for many AI stocks looks good right now, but where will Nebius be in a few years, and how much might $1,000 invested in the company be worth?

On the bullish side, I think Nebius' shares could double from their current price, turning $1,000 into $2,000 by 2030. Here's why.

Image source: The Motley Fool.

The neoclouds are having their day in the sun The need for data center capacity for AI has accelerated over the past several years, spurring growth in neoclouds that run compute-as-a-service businesses.

While traditional hyperscalers like Alphabet, Microsoft, and Amazon have their own data centers and cloud services, neoclouds simply rent out compute capacity. This makes companies like Nebius especially critical for tech companies looking to accelerate their AI capacity quickly.

And that's done wonders for Nebius' cloud contracts. The company signed four contracts in the second quarter, each averaging more than $1 billion. And Nebius recently announced a five-year agreement with Meta worth at least $12 billion, with the potential to rise to $15 billion. Palantir also named Nebius as one of its preferred AI infrastructure partners, giving Palantir's customers access to Nebius' infrastructure.

The total amount of Nebius' backlog commitments exceeds $40 billion. Though it's worth mentioning that this hasn't been realized as revenue yet. Still, Nebius' total sales outlook for 2026 is for about $3.2 billion -- more than double its 2025 revenue.

Nebius is building new data centers to meet demand and has said it will have 16 by the end of this year. Nebius is trying to keep up with its customers' needs, and CFO Dado Alonso said on the second-quarter earnings call,

"[O]nce again, we sold out of capacity because, as fast as we bring capacity online, we can sell it."

That's a very good problem to have, and it could keep Nebius' sales accelerating for years to come. Research firm Gartner estimates that neocloud providers could take 20% of the $267 billion AI cloud market by 2030.

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One factor that could keep Nebius stock from accelerating There's one issue that tech investors are starting to side-eye: rising capital expenditures paired with no profits.

Unfortunately, that explains Nebius. Management says capex will be around $22.5 billion this year, at the midpoint of guidance, which is more than 5 times last year's level. That's quite a spending spree, especially when sales are only expected to be just over $3 billion this year.

You don't have to look hard to find AI stocks that are suffering under the weight of their spending. Space Exploration Technologies' capex rose 309% to $28.5 billion in the first half of this year, with most of it directed toward artificial intelligence. Meanwhile, its total sales over the same period were less than half that.

SpaceX's shares are still around their opening trading price from back in June, as investors have questioned whether the spending will eventually translate into profits.

Nebius is a different company from SpaceX, but both rent out AI cloud computing to customers and are spending money freely.

Nebius appears to be on the right track to capitalize on the growing demand for neocloud computing capacity. But if its sales don't start closing the gap to its spending, and if profits don't come fast enough, investors may start cooling on this red-hot AI stock.

The past year has been a tremendous one for Sandisk (SNDK -2.05%), as it has rallied an incredible 1,200%. But at $250 billion in market cap, it's still not among the top tech companies in the world in terms of valuation.

Sandisk's stock has been taking a breather in recent months as it's down around 27% from the high of $2,354 that it hit earlier this year. With a reduced valuation and plenty of growth opportunities due to the ongoing memory shortage, could the tech stock double in value within the next 12 months?

Image source: Getty Images.

Analysts still see plenty of upside for the stockWhile there may be less excitement around Sandisk's stock these days, analysts remain optimistic that it can go higher in the near term. Of 28 analyst ratings, 24 rate the stock a buy (the others are just 'hold'). The consensus analyst price target for Micron is just under $2,114, which implies an upside of around 24% from where it's trading right now.

Analyst price targets reflect expectations about where analysts think the stock will go in the short term, typically over the next 12 to 18 months. While a 24% gain is encouraging, the consensus suggests the stock isn't likely to double within the next 12 months.

However, if the company's upcoming earnings report features a rosy outlook and a significant upgrade to its guidance, analysts could very well raise their price targets for the stock.

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The stock may seem cheap, but I don't think it'll doubleSandisk has achieved impressive growth in recent quarters, and so the stock is trading modestly related to earnings -- its price-to-earnings (P/E) multiple is 23, which is in line with what the S&P 500 average is. But with Sandisk, its growth potential is massive, and thus, it may warrant a higher multiple. Based on its projected future profits, its forward P/E multiple is just eight.

However, investors don't appear willing to pay more for the stock due to uncertainty about how long the memory shortage will last. Once it ends, demand could slow significantly, and prices may also come down. Sandisk and other memory stocks could be vulnerable to significant declines.

Given the uncertainty, investors may thus not be as willing to price Sandisk's stock much higher than where it is right now. While it may still rise in value, particularly if its earnings results and guidance remain promising, I don't think it'll double in value within the next 12 months.

Seagate just shed billions in market cap on a single Toshiba headline, yet its nearline drives are locked into contracts stretching deep into 2027. Whether Friday's selloff was a warning shot or a buying window depends on one question the…

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Seagate Technology (NASDAQ:STX | STX Price Prediction) is trading at $825.46 after a sharp Friday sell-off. Our 24/7 Wall St. price target is $948.73 over the next 12 months. From today’s price, that works out to 14.9% upside.

Metric Value Current Price $825.46 Price Target from 24/7 Wall St. $948.73 Upside/Downside 14.9% Model Rating HOLD Confidence Level 90% Our model gave Seagate a hold rating when the stock closed Thursday at $945.57. At that price the target sat only 0.33% higher, with high model confidence. Friday’s drop opened a wider gap, and the question now is whether the AI storage cycle has topped out or the market has overreacted.

Toshiba Supply Fears Hit a Triple-Digit Rally Shares fell 12.7% on Friday and are down 8.88% for the week. Western Digital (NASDAQ:WDC) dropped too after a report on Toshiba’s production raised concern that the AI storage shortage could ease (Investopedia, Barron’s). Even so, Seagate is up 200.75% year to date. The stock trades 27.8% below its 52-week high of $1,143.27 and far above its low of $207.78.

Fiscal Q4 revenue was $3.629 billion, up 48.49% and ahead of the $3.49 billion consensus. EPS came in at $5.71, beating the $5.09 estimate. Management guided fiscal Q1 to $4.1 billion in revenue and $7.30 in EPS.

Locked-In Demand Could Push Shares Past $1,200 Seagate says its nearline capacity is “almost fully allocated through calendar 2027“, and its build-to-order contracts set pricing through fiscal 2027. Mozaic 4 holds up to 44 terabytes per drive, and Mozaic 5 targets 50 terabytes with qualification shipments planned for late 2027.

Management raised its annual revenue growth target to a minimum of 20%. Analysts count 22 Buy or Strong Buy ratings and set a consensus target of $1,125. Our bull case is $1,220.53, which would be 47.9% above today’s price.

Supply Relief Is the Threat Bears Are Pricing In Friday’s sell-off reflects the main risk: if competitors add supply, hard drive pricing could moderate. Cloud customer concentration, tariffs and possible dilution from the Exchangeable Senior Notes due 2028 add to that risk.

The bear case is $720.21, or 12.8% below today’s price. On the other side, contracted pricing protects fiscal 2027 margins, and Seagate grows capacity through areal density rather than by adding units.

Seagate Outgrows Western Digital and NetApp Western Digital is Seagate’s direct hard drive rival. Its revenue grew 43.84% and its non-GAAP gross margin reached 54.4%, slightly above Seagate’s 52.7%.

NetApp (NASDAQ:NTAP) sells AI data infrastructure built on flash. Its revenue grew 29.89%, which is slower than Seagate. Seagate’s faster growth supports a premium, so the peer group makes our target look reasonable.

Company Market Cap Latest Quarter Revenue Growth Seagate $187.45B 48.49% Western Digital $145.2B 43.84% NetApp $45.17B 29.89% Seagate Price Prediction 2026-2030 The 24/7 Wall St. price target remains $948.73, with the model’s hold rating set at 90% confidence. Seagate’s contracted capacity is what tips the scale for me.

The key test is whether pricing holds through fiscal 2027 contract renewals. Keep an eye on whether Toshiba’s added production starts to drag down revenue per terabyte. Friday’s drop looks larger than the fundamentals support.

Here is where our model projects Seagate would trade assuming present trends continue:

Year Price Target from 24/7 Wall St. 2026 $948.73 2027 $955.92 2028 $939.45 2029 $990.12 2030 $1,049.49 These projections assume Seagate keeps executing its Mozaic roadmap. Faster HAMR adoption could drive results well above these figures, and a supply glut could drive them well below.

Contact [email protected] for any questions or corrections.

A big reason investors are bullish on the long-term trajectory of Space Exploration Technologies Corp (SPCX +5.78%), better known as just SpaceX, is due to its visionary CEO, Elon Musk. Without Musk, I don't believe the stock would have been able to fetch a valuation anywhere near $2 trillion. But with his ability to grow businesses and sky-high expectations for future growth, growth investors are drawn to his companies.

But there have also been times when Musk's role as CEO hasn't been all that great for shareholders. A year ago, when he was working closely with the government, Tesla's stock struggled, largely due to negative press surrounding Musk and questions about his leadership.

Now, Musk is back to working with the U.S. government. Here's why that could be a concerning development for SpaceX investors.

Image source: Getty Images.

Musk appointed to taskforce relating to the future of warfareLast week, U.S. Secretary of War Pete Hegseth announced that Musk will co-lead a project related to studying the future of warfare, called "Project Meridian." It's planned as a 120-day project aimed at “identifying the capabilities required to achieve absolute technological dominance on the next-generation battlefield."

Musk was previously involved with the Department of Government Efficiency last year, which received significant negative press for its aggressive cost-cutting measures. Musk was seen as the figurehead for that initiative, and his company, Tesla, nosedived amid the drama. From Jan. 20, 2025, through April 30, 2025, the stock fell by 34%, while the S&P 500 declined by a more modest 7%. Musk would ultimately leave the position shortly afterward, and Tesla's stock would end up recovering.

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Why SpaceX stock could be more vulnerableMusk, working closely with the U.S. government, could once again create a ripple effect for his companies. SpaceX, however, with a monstrous valuation of $2.2 trillion, could be much more vulnerable to a significant decline. Unlike Tesla, it isn't profitable. Investors are bullish on the stock's long-term future, and thus a fair degree of speculation is inevitable. If there's a repeat of DOGE and plenty of negative press surrounding Musk's latest initiative with the government, that could once again weigh on his companies, with SpaceX potentially being the most vulnerable due to its high valuation.

This is the type of risk that SpaceX investors need to be cognizant of before buying the space stock, since its value depends more on expectations and Musk's management of the company than on its fundamentals, which don't support the stock's incredibly high valuation. Speculation and volatility are an inevitability with SpaceX, and investors who aren't comfortable with that may be better off sitting on the sidelines.

Options traders are betting on a single Elon Musk empire, and prediction markets now put the odds of a Tesla and SpaceX merger at better than coin-flip. What the latest delivery numbers, insider comments, and Polymarket contracts reveal about where…

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Options traders treat Tesla (NASDAQ:TSLA | TSLA Price Prediction) and SpaceX (NASDAQ:SPCX) as one Elon Musk trade. The two stocks now trade at a 30-day correlation of roughly 0.7, so when one of the stocks rises or falls, the other usually does, too. Tesla options drew over $400 million in total premium, with over 70% tied to calls. SpaceX options volume ran at more than twice the 30-day average, with over $250 million in contracts traded by mid-morning.

Options Flow Shows Traders Pricing a Single Musk Empire SpaceX supplied the spark. The stock is on its best two-day run since August, up almost 12%, after its fastest-ever Falcon 9 launch-to-docking at the International Space Station, which took under eight hours. Tesla brought its own catalyst: Q3 deliveries of 486,000, ahead of the 462,000 analysts expected. By midday Monday, Tesla shares were up 2.2% at $378.79.

Polymarket Odds Now Tilt Toward a Merger by 2027 Polymarket turns that trade into clear odds. Traders put a 62.5% chance on a Tesla-SpaceX merger being officially announced by December 31, 2027, and that Yes price has risen 0.165 over the past month. The June 30, 2027 contract trades at 42.5%, although it fell 0.11 this past week. Earlier contracts with June 30 and September 30, 2026 deadlines both resolved No.

A Yes result would need an official announcement that one Musk company is acquiring or merging with the other, or a sale that transfers a controlling interest. An investment that stops short of control does not count. The market is also small, with total volume of about $277,000.

Existing Ties Keep Merger Talk Alive The two companies already work closely together. Tesla is building a semiconductor fab with SpaceX at its Gigafactory Texas campus, and it has a $2B investment in xAI preferred stock. SpaceX already merged with xAI in February in a $1.25 trillion deal. In Q2 2026, Tesla booked a $1 billion mark-to-market gain on its SpaceX holdings.

Asked about combining the companies on the July call, Musk said, “Obviously, we can’t talk about combining companies,” and added that “it’s got to be done with the appropriate process.” On September 28, Jim Cramer said “there is nothing stopping” Musk from merging the two.

What Tesla Holders Should Track Before Any Deal News Tesla shares are down 15.7% this year, from $449.72 at year-end 2025. SpaceX is up less than 4% since its June 12 debut. Tesla’s Q2 EPS of $0.33 missed the $0.54 estimate, and its operating margin narrowed to 1.4% as AI spending rose. Even after that miss, the stock trades at about 386 times earnings.

To be clear, no merger has been announced, so any business combination is speculation at this point. The next things to watch are Tesla’s Q3 report later this month and any potential hint of a deal from Musk or Tesla’s board.

Contact [email protected] for any questions or corrections.

by Todd Bishop on

Pedram Rezaei, a 20-year Microsoft veteran, is joining Amazon Web Services as a distinguished engineer. (Amazon Photo) A longtime Microsoft engineering leader who was previously a Copilot chief technology officer is joining Amazon Web Services to work on its competing AI tools for coding and workplace productivity.

Pedram Rezaei, a nearly 20-year Microsoft veteran who was most recently a corporate vice president on the Microsoft Superintelligence team, starts Monday as a distinguished engineer in the AWS Agentic AI and Emerging Technologies organization, led by Swami Sivasubramanian.

Rezaei will work initially on Kiro, the AWS coding tool, and Quick, Amazon’s AI assistant for workplace tasks, Sivasubramanian wrote in a memo to his team Monday. “He is a hands-on engineer who is still in the code every day, and he plans to keep it that way here,” he added.

Kiro’s user count doubled from the first quarter to the second, and monthly AI users for Quick grew fourfold, according to the memo. Rezaei’s plan for his first few months is to “meet people, learn how things work here, and ship something real,” Sivasubramanian wrote.

Sivasubramanian’s organization was expanded in July to include emerging technologies, part of a broader reshuffling of Amazon’s AI teams.

The hire comes as Amazon and Microsoft compete more directly in AI tools for work. Microsoft last month unveiled an all-in-one Copilot app that combines chat, coding and agents, its answer to OpenAI and Anthropic. Amazon made its Quick desktop app generally available in September and brought its main features to mobile.

Rezaei joined Microsoft in 2006 and held senior technical roles on Power BI, Dynamics 365, Cortana, Bing and Azure Maps before moving to Copilot, according to his LinkedIn profile. He became Copilot’s CTO in February and moved to the Microsoft Superintelligence team in June, according to the profile. Sivasubramanian’s memo said Rezaei was most recently working on training foundation models.

We’ve contacted Microsoft for comment on his departure.

Rezaei is the latest Microsoft executive to move to AWS this year. Shawn Bice returned to AWS in May from a security role at Microsoft to lead its Automated Reasoning Group.

In his memo Monday, Sivasubramanian also told his team that two longtime AWS engineers, Marvin Theimer and Reto Kramer, have returned to work on neurosymbolic AI and automated reasoning, which he called “one of our biggest bets for the future.” Both came back from Microsoft, according to their LinkedIn profiles.

Neurosymbolic AI pairs large language models with rule-based systems that can check whether an AI agent is following a company’s policies and procedures.

Speaking at Madrona’s IA40 Summit in Seattle last week, Sivasubramanian said nearly every CIO and CEO raises the same question about AI agents. “How do I know it is always going to obey all my rules and regulations?” he said. “This is a real concern.”

Solving that problem “actually unlocks so many use cases for all these enterprises,” he added.

Theimer, an AWS distinguished engineer for nine years before leaving in 2022, joined Microsoft in July 2024 as a corporate vice president and technical architect and stayed until March. It was his second stint at the company, where he worked from 1998 to 2006. He rejoined AWS in July as a vice president and distinguished engineer.

Kramer, who led an automated reasoning team at AWS before leaving in 2023, joined Microsoft in September 2025 as vice president of Security Platform & AI and stayed until May. He rejoined AWS in September as vice president of applied science.

Sivasubramanian hinted at more hires to come, writing that Rezaei joins “as we continue to build out our technical leadership team to help take on the ambitious work we have planned.”

Key Takeaways Citigroup expands Citi Token Services to Japan and the UAE, reaching seven markets globally.C's token platform enables near-instant fund transfers and supports treasury and liquidity management.Citigroup expects Services revenues to grow at a low to mid-single-digit rate in 2027-2028. Citigroup Inc. (C - Free Report) is taking Citi Token Services to Japan and the United Arab Emirates (UAE), broadening its digital payments network across key financial hubs and potentially supporting growth in its Services franchise.

The move comes as corporations increasingly seek faster and more flexible ways to manage liquidity across markets. Built on a private and permissioned blockchain, Citi Token Services enables near-instantaneous movement of funds within Citigroup’s network, helping clients overcome traditional banking cut-off times, holidays and time-zone constraints. This can make cross-border liquidity management more efficient while strengthening C’s transaction banking offering.

With the addition of Japan and the UAE, Citi Token Services is now available across seven markets, including the United States, Ireland, Hong Kong, Singapore and the United Kingdom. Japan will support USD transactions, while the UAE will support USD and euro transactions. The platform already processes billions of dollars in transactions and supports collateral management, potentially making it increasingly integral to clients’ treasury operations and expanding opportunities across payments, liquidity management and institutional finance.

The latest expansion builds on C’s broader rollout of Token Services. Launched commercially in 2024 following an initial Singapore-New York pilot, the platform was integrated with Citigroup’s 24/7 U.S. dollar Clearing capabilities in 2025 and subsequently expanded to support euro transactions through its Dublin operations. The addition of Japan and the UAE extends the platform’s reach across additional financial centers and currencies, advancing the company’s strategy of connecting traditional financial infrastructure with emerging digital networks.

For Citigroup, the opportunity extends beyond payments, as a wider tokenized network will likely increase cross-border transaction activity, deepen corporate relationships and create opportunities in payments, cash management and transaction banking. The initiative aligns with its 2026 Investor Day strategy, which identified tokenization and next-generation platforms as longer-term Services growth drivers. With Services revenues expected to grow at a low to mid-single-digit rate in 2027-2028, greater adoption of Citi Token Services could strengthen C’s position in global transaction banking and support the franchise’s longer-term growth.

How Are Other Banks Expanding Digital Payments?HSBC Holdings (HSBC - Free Report) and JPMorgan Chase (JPM - Free Report) are also expanding digital payment capabilities to strengthen cross-border transactions, liquidity management and corporate client relationships.

HSBC Holdings expanded its Tokenized Deposit Service to the UAE in June 2026, following its U.S. rollout in April. HSBC Holdings enables eligible clients to move funds 24/7 across borders, supporting faster liquidity and treasury management. This expansion could further strengthen HSBC Holdings’ digital payments franchise.

JPMorgan partnered with Mitsubishi Corporation in March 2026 to enable global payments through its Kinexys blockchain platform. It has processed more than $3 trillion in Kinexys transactions, supporting faster cross-border transfers and liquidity management. Broader adoption could further strengthen JPMorgan’s payments franchise.

Citigroup’s Price Performance, Valuation & EstimatesIn the past six months, shares of Citigroup have gained 9.5% compared with the industry’s 9.8% growth.

6-Month Price Performance
Image Source: Zacks Investment Research

From a valuation standpoint, Citigroup trades at a 12-month forward price-to-earnings (P/E) of 10.25X, below the industry’s average of 12.73X.

P/E F12M
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for C’s 2026 and 2027 earnings implies year-over-year increases of 40.4% and 15.8%, respectively. Both estimates have been revised downward over the past week.

Estimate Revision Trend
Image Source: Zacks Investment Research

Currently, Citigroup carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.