Crypto-linked equities are catching a strong midday bid on Thursday, May 14, with traders pricing in a friendlier regulatory backdrop ahead of an anticipated Senate Banking Committee vote on the Digital Asset Market Clarity Act. Coinbase Global (NASDAQ:COIN | COIN Price Prediction) shares are up roughly 10% intraday, trading near $222 after closing at $201.80 on Wednesday.
Strategy (NASDAQ:MSTR), formerly MicroStrategy, is rallying about 7% to $190, while MARA Holdings (NASDAQ:MARA) is up 5% to $13.40. All three names are extending what has already been a strong month for the group.
The catalyst is regulatory positioning rather than earnings. Investors are leaning into the idea that committee approval would mark a real procedural step toward clearer rules for digital assets in the U.S.
Regulatory Tailwind Drives the Rally The Digital Asset Market Clarity Act has become one of the most-watched pieces of crypto legislation in recent years. The bulls expect it to clarify SEC versus CFTC jurisdiction, define digital commodity status, and set rules for trading platforms. That framework would directly benefit Coinbase as the leading U.S.-regulated exchange.
For Strategy, the legislation matters for a different reason. The company is the largest corporate Bitcoin (CRYPTO:BTC) holder, with 713,502 BTC on its balance sheet as of early February. Improved regulatory standing for digital assets supports the long-running institutional adoption thesis that underpins MSTR stock.
Marathon Digital sits on the infrastructure side. As a major Bitcoin miner, MARA benefits when the operating environment for U.S.-based crypto businesses gets clearer. Energized hashrate of 72.2 EH/s and a recent strategic pivot toward AI and critical IT infrastructure add a second growth lever beyond mining economics.
Peers Move Together as Bitcoin Rises A Bitcoin rally is likely fueling the rise in crypto stocks. Bitcoin is trading near $81,877, up 3.5% in a 24-hour period.
The year-to-date scorecard tells the broader story. MARA stock is up 51% year to date (YTD), and Strategy stock has added 25%. Coinbase stock, meanwhile, is working back from a mixed Q1 2026 report that missed revenue estimates but kept adjusted EBITDA positive for a 13th straight quarter.
Sentiment is following price. Reddit chatter on Coinbase has skewed bullish, with a recent sentiment score of 72 on WallStreetBets, and Strategy posts on r/stocks recently logged a bullish 68 reading. The composite prediction-sentiment score on COIN now sits at 64.49, classified as bullish with medium confidence.
What to Watch Into the Close The caveat investors shouldn’t lose sight of is that a committee vote is one step in a multi-stage legislative process. Even favorable committee action doesn’t guarantee Senate passage, and crypto legislation has been delayed multiple times before. The three stocks also carry distinct risk profiles: trading volumes drive COIN stock, Bitcoin price drives MSTR stock, and mining economics drive MARA stock.
Coinbase CEO Brian Armstrong has framed the long-term thesis directly, stating, “As regulatory clarity emerges, we believe crypto will update all financial services, and Coinbase is well positioned to capitalize on that transition.” That’s the bull case in one sentence. Whether today’s vote delivers the catalyst markets are pricing in is the question that decides the next leg.
Prudent investors may want to keep an eye on COIN stock’s ability to hold above the $220 prior close, along with headlines out of the Senate Banking Committee. The vote itself, and any subsequent guidance on a floor schedule, could shape sentiment across the crypto-equity complex into Friday’s session.
Miami, FL, May 15, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA”) today announced the expiration and results of the previously announced consent solicitation (the “Consent Solicitation”) by MARA USA Corporation, its wholly owned subsidiary (the “Offeror”), relating to the outstanding 8.750% Senior Secured Notes due 2032 (the “Notes”) of Long Ridge Energy LLC (the “Issuer”).
The Consent Solicitation expired at 5:00 p.m., New York City time, on May 15, 2026 (the “Expiration Time”). On May 14, 2026, prior to the Expiration Time, the Offeror received the requisite consents from registered holders (“Holders”) of at least a majority of the aggregate principal amount of the Notes outstanding (the “Requisite Consents”) to approve the proposed amendments (the “Proposed Amendments”) to the indenture governing the Notes (the “Indenture”), as described in the consent solicitation statement dated as of May 7, 2026 (as amended or supplemented from time to time, the “Consent Solicitation Statement”). Accordingly, on May 14, 2026, the Issuer and the subsidiary guarantors party to the Indenture entered into a supplemental indenture to the Indenture with U.S. Bank Trust Company, National Association, as trustee, reflecting the Proposed Amendments.
The Proposed Amendments will become operative only upon the consummation of the Transaction (as defined below), the payment of the Consent Fee (as defined below) to the Depository Trust Company for the benefit of Consenting Holders (as defined below) and the satisfaction of certain other conditions, in each case as described in the Consent Solicitation Statement. The Consent Fee is expected to be paid substantially concurrently with the Transaction closing, which, if consummated, is currently expected to be in the second half of 2026, and could be as soon as the third quarter of 2026, subject to regulatory approvals, including clearance under the Hart-Scott-Rodino Act and Federal Energy Regulatory Commission approval, as well as satisfaction of other customary closing conditions.
Subject to the terms and conditions of the Consent Solicitation, the Offeror offered each Holder of the Notes who validly delivered (and did not validly revoke) its consents to the Proposed Amendments prior to the Expiration Time (each such Holder a “Consenting Holder”) a consent consideration equal to $2.50 per $1,000 in principal amount of the Notes held by such Consenting Holder (the “Consent Fee”). If the Transaction is not consummated or the other conditions to the Consent Solicitation are not satisfied or waived, no Consent Fee will be paid, the Proposed Amendments will not become operative, and the Notes will continue to be subject to the current terms and conditions of the Indenture.
Amendment & Consent
As described in the Consent Solicitation Statement, on April 29, 2026, the Offeror and MARA entered into an Equity Purchase Agreement with Ohio River Partners Holdco LLC, Ohio River Partners Finance LLC (collectively, the “Sellers”) and (solely for the purposes of Articles V, IX and X and Sections 2.5, 6.10, 6.16 and 6.20 of the Equity Purchase Agreement) FTAI Infrastructure Inc. Pursuant to the Equity Purchase Agreement, the Offeror will acquire 100% of the issued and outstanding limited liability company membership interests in Long Ridge Energy & Power LLC (“Long Ridge” and, such transaction, the “Transaction”). The Issuer is a wholly owned subsidiary of Long Ridge. At the closing of the Transaction, Long Ridge will become an indirect wholly owned subsidiary of MARA.
The consummation of the Transaction would constitute a “Change of Control” under the Indenture, absent the Proposed Amendments becoming operative. Following a “Change of Control” (as defined in the Indenture) the Indenture requires the Issuer to make an offer to purchase for cash all of the Notes then outstanding at a price equal to 101% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of purchase.
Subject to the conditions described in the Consent Solicitation Statement, the Offeror sought consents from Holders of the Notes to amend the Indenture to (i) provide that the Transaction will not constitute a “Change of Control,” (ii) provide that MARA and its affiliates will each be a Permitted Holder (as defined in the Indenture), and (iii) add to, amend, supplement or change certain other defined terms contained in the Indenture and the Notes related to the foregoing (collectively, the “Proposed Amendments”). As a result of receiving the Requisite Consents, the Issuer will not be required to make a “Change of Control” offer for the Notes if the Transaction is consummated and the Proposed Amendments become operative.
Solicitation Agents and Information
Barclays Capital Inc. is serving as solicitation agent (the “Solicitation Agent”) in connection with the Consent Solicitation. Global Bondholder Services Corporation is serving as the information agent and tabulation agent in connection with the Consent Solicitation (“GBSC” or the “Information and Tabulation Agent”).
Questions regarding the terms of the Consent Solicitation may be directed to the Solicitation Agent at (212) 528 7581 or (800) 438 3242 (toll-free) or by email to [email protected]. Questions or requests for assistance in completing and delivering a consent or requests for copies of the Consent Solicitation Statement may be directed to GBSC at (212) 430-3774 or (855) 654-2015 (toll-free) or by email to [email protected].
This press release does not constitute an offer to sell, or an offer to purchase, or a solicitation of an offer to purchase or sell, any security. The Consent Solicitation was made solely pursuant to the terms of the Consent Solicitation Statement. No recommendation was made as to whether Holders should consent to the Proposed Amendments. The Consent Solicitation was not made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable state or foreign securities or “blue sky” laws.
About MARA and the Offeror
MARA (NASDAQ: MARA) deploys digital energy technologies to advance the world’s energy systems. Harnessing the power of compute, MARA transforms excess energy into digital capital, balancing the grid and accelerating the deployment of critical infrastructure. Building on its expertise to redefine the future of energy, MARA develops technologies that reduce the energy demands of high-performance computing applications, from AI to the edge. MARA’s common stock is listed on the Nasdaq Capital Market under the symbol “MARA.”
The Offeror is a wholly owned subsidiary of MARA.
Important Information
This communication is provided solely for informational purposes in connection with the Consent Solicitation described herein. The Consent Solicitation was made only pursuant to the Consent Solicitation Statement and the information contained therein. This communication does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities, nor does it constitute a recommendation as to whether any Holder should have consented to the Proposed Amendments.
MARA has not filed this communication or the Consent Solicitation Statement with, and neither has been reviewed by, any federal, state or foreign securities commission or other regulatory authority. No authority has passed upon the accuracy or adequacy of this communication or the Consent Solicitation Statement, and it is unlawful and may be a criminal offense to make any representation to the contrary.
No person has been authorized to give any information or to make any representations in connection with the Consent Solicitation other than those contained in the Consent Solicitation Statement and, if given or made, such information or representations should not be relied upon as having been authorized.
None of the Offeror, MARA, the Sellers, Long Ridge, the Issuer, the subsidiary guarantors, the Solicitation Agent, the Information and Tabulation Agent or the Trustee have made any recommendation as to whether Holders should have consented or refrained from consenting to the Proposed Amendments.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words “may,” “will,” “could,” “anticipate,” “expect,” “intend,” “believe,” “continue,” “target” and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to the parties’ ability to consummate the transaction on the proposed terms or on the anticipated timeline, or at all, including risks and uncertainties related to securing the necessary third-party approvals, or the satisfaction of other closing conditions to consummate the transaction; the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive agreement or any unanticipated difficulties or expenditures relating to the transaction; MARA’s planned development of digital infrastructure projects, including the Hannibal, Ohio campus; the expected capacity, scalability and performance of the acquired facilities; the anticipated ability to shift between hyperscale and AI workloads and Bitcoin mining at the acquired facilities; MARA’s ability to finance the transaction on acceptable terms, or at all; the anticipated benefits of the proposed transaction, including MARA’s expansion into high-performance computing; MARA’s ability to advance and execute its digital energy infrastructure strategy; the expected earnings and cash flows from Long Ridge and the impact on the Issuer’s capital structure. These forward-looking statements are only predictions. These statements relate to future events or future financial performance and involve known and unknown risks, uncertainties and other important factors that may cause actual results, levels of activity, performance or achievements to materially differ from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should read the factors disclosed under “Certain Significant Considerations” in the Consent Solicitation Statement in conjunction with the forward-looking statements included in this press release. New factors could emerge from time to time and it is not possible to predict all such factors. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as guarantees of future events. These forward-looking statements speak only as of the date made and are not guarantees of future performance of results. MARA and the Offeror expressly disclaim any obligation or undertaking to release any updates or revisions to any forward-looking statement contained herein to reflect any change in expectations with regard thereto or any change of events, conditions or circumstances on which any such statement was based, except as required by law.
Because actual results could differ materially from intentions, plans, expectations, assumptions and beliefs about the future, you are urged not to rely on forward-looking statements included in this press release and to view all forward-looking statements made in this press release with caution.
MARA Company Contact:
Telephone: 800-804-1690
Email: [email protected]
On May 20, 2026, MARA Holdings Inc MARA shares rose 5.7% to a current price of $13.15. This recent move comes amid a 52-week range of $6.66 to $23.45, reflecting significant volatility over the past year.
GF Value™ verdict: Current price is $13.15, which is 21.3% below the GF Value™ estimate of $16.71.GF Score™ is 64/100, indicating an above-average rating among stocks.Notable signal: Insiders sold $1.4 million in shares over the last three months with no buying activity. Is MARA Overvalued or Undervalued? The current price of MARA at $13.15 is 21.3% undervalued compared to the GF Value™ estimate of $16.71. This suggests that the stock may present an opportunity for investors seeking undervalued assets. However, it is important to note that while the stock appears undervalued based on GF Value™, potential investors should consider the overall financial strength and stability of the company, which has been rated only 3 out of 10. The GF Valuation label indicates that MARA is classified as "Modestly Undervalued," implying that while there is room for price appreciation, caution is warranted given the company's financial metrics.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. This valuation metric helps in determining whether a stock is trading at a fair price relative to its estimated intrinsic value.
How Does MARA's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 270.6x 14.8x The current forward P/E ratio of 270.6x is significantly higher than the 5-year median P/E of 14.8x. This indicates that MARA is trading well above its historical valuation levels, which contradicts the GF Value™ verdict of being undervalued. The high forward P/E may suggest that the market is pricing in very high growth expectations, which the company may or may not be able to deliver.
What Does MARA's GF Score™ Tell Us? Metric Rating GF Score™ 64 Financial Strength 3/10 Profitability 4/10 Growth 3/10 Valuation 8/10 Momentum 7/10 The GF Score™ of 64/100 indicates that MARA Holdings Inc is performing above average relative to its peers. The strongest area is its Valuation, rated 8 out of 10, suggesting it may be undervalued based on current price metrics. Conversely, the weakest areas are Financial Strength and Growth, both rated 3 out of 10, highlighting concerns with the company's stability and growth potential.
What Are Insiders Doing with MARA Stock? Over the past three months, insiders have sold a total of $1.4 million in MARA stock without any buying activity. This pattern of selling may raise concerns regarding insider confidence in the company's near-term prospects. Typically, significant insider selling can be interpreted as a bearish signal, potentially indicating that insiders believe the stock price may not appreciate in the near future.
What This Means for Investors Based on the GF Value™ assessment, MARA Holdings Inc appears to be undervalued at its current price of $13.15. However, investors should remain cautious due to the company's low financial strength and profitability ratings. While there may be an opportunity for appreciation, the overall risk profile suggests that due diligence is necessary before making any investment decisions.
For the complete analysis, visit the MARA Holdings Inc MARA stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is MARA's GF Score™?
MARA's GF Score™ is 64/100, indicating an above-average rating among stocks based on key aspects such as financial strength, profitability, growth, valuation, and momentum.
Is MARA overvalued or undervalued?
MARA is considered undervalued according to the GF Value™ estimate, with a current price of $13.15 being 21.3% below the estimated fair value of $16.71.
What is MARA's P/E ratio?
MARA's forward P/E ratio is 270.6x, which is significantly higher than its 5-year median P/E of 14.8x, indicating that the stock is currently trading above its historical valuation levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
On May 21, 2026, MARA Holdings Inc MARA shares rose 3.0%, reflecting a positive sentiment in the market. The stock is currently trading at $13.55, within a 52-week range of $6.66 to $23.45.
GF Value™ verdict: Current price is $13.55, which is 19.1% undervalued compared to the GF Value™ of $16.75.GF Score™ of 64/100 indicates that the stock is above average relative to its peers.Notable signal: Insiders sold $2.0M worth of stock in the last three months, indicating a lack of buying interest. Is MARA Overvalued or Undervalued? The current trading price of MARA Holdings Inc at $13.55 suggests that the stock is undervalued when compared to its GF Value™ of $16.75. This presents a margin of safety of approximately 19.1%, indicating a potential upside for investors. The GF Valuation label categorizes the stock as modestly undervalued, suggesting that there is an opportunity for appreciation, but it is essential to consider the associated caveats, particularly given the stock's recent performance and insider selling.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. While the undervaluation might be appealing, investors should consider the inherent risks, including the company's financial stability and the overall market conditions.
How Does MARA's Valuation Compare to Its History? Metric Current Historical P/E (TTM) Not available 14.8x (5-Year Median) Forward P/E 278.8x N/A As the P/E (TTM) is not available, we cannot make a direct comparison regarding MARA's current valuation relative to its historical averages. However, the forward P/E of 278.8x indicates that the stock is trading significantly above its historical valuation, suggesting a potential disconnect between current trading levels and expected future earnings. This analysis seems to disagree with the GF Value™ verdict, indicating a more complex valuation landscape.
What Does MARA's GF Score™ Tell Us? Metric Rating GF Score™ 64 Financial Strength 3/10 Profitability 4/10 Growth 3/10 Valuation 8/10 Momentum 7/10 The GF Score™ of 64/100 indicates that MARA Holdings Inc is positioned above average compared to its peers. However, the financial strength score of 3/10 is concerning, highlighting vulnerabilities in the company's financial health. In contrast, the valuation score of 8/10 suggests that the stock may be more appealing based on value metrics, while the momentum rank of 7/10 indicates positive price movement in the near term. Overall, while there are areas of strength, such as valuation, the weak financial strength and growth scores may pose challenges ahead.
What Are Insiders Doing with MARA Stock? Recent insider activity reveals that insiders have sold $2.0 million in stock over the last three months, with no recorded buying. This trend may suggest a lack of confidence from those within the company regarding its future performance. The absence of insider buying could be interpreted as a cautious stance on the stock's future prospects, which may warrant further scrutiny from potential investors.
What This Means for Investors Based on the GF Value™ assessment, MARA Holdings Inc is currently undervalued, with a potential upside of 19.1%. However, the overall financial strength and insider selling activity raise concerns about the company's stability moving forward. Investors may find opportunities, but should proceed with caution given the mixed signals from the valuation metrics and insider actions.
For the complete analysis, visit the MARA Holdings Inc MARA stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is MARA's GF Score™?
The GF Score™ for MARA is 64/100, indicating that the stock is above average compared to its peers based on key performance metrics.
Is MARA overvalued or undervalued?
MARA is currently undervalued, with a GF Value™ of $16.75 compared to its current price of $13.55, suggesting a potential upside of 19.1%.
What is MARA's P/E ratio?
The P/E TTM is not available, but the forward P/E is 278.8x, indicating that the stock is trading significantly above its historical valuation metrics.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Game On: Wall Street's New Rules and Your MoneyMarathon Digital NASDAQ: MARA Chairman and Chief Executive Officer Fred Thiel said the company’s push into AI and high-performance computing infrastructure has been a multiyear process built on its experience aggregating low-cost power and data center capacity for bitcoin mining.
Speaking at TD Cowen’s 54th Annual CMT Conference in a fireside chat with communications infrastructure analyst Michael Elias, Thiel said MARA’s strategy evolved from an asset-light bitcoin mining model into ownership of land, power and data center assets. He said that shift positioned the company to evaluate AI infrastructure opportunities as demand for power-constrained computing capacity accelerated.
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From Bitcoin Mining to Power Ownership Risk-Off: Global Trade Uncertainty Is Shaking Crypto, But Not These 2 StocksThiel said MARA originally focused on bringing compute to hosted bitcoin mining sites rather than owning the underlying infrastructure. That approach made sense when the company could devote more capital directly to mining machines, he said.
But by 2023, after stress in the bitcoin mining sector, MARA was able to acquire “70% of all the capacity where we operated at less than replacement cost,” Thiel said. Those purchases gave the company ownership of land and power at many of its operating sites.
Crypto Skeptics Can Still Win Big With These Risk-Limiting ETFsThiel said MARA later added power assets, including a wind farm, and began mining using flare gas in oil fields. He also pointed to a 250-megawatt deal in the United Arab Emirates, where MARA developed two data centers in Abu Dhabi that use immersion liquid cooling and operate without air conditioning.
“All the types of technologies you need to use for AI in the future,” Thiel said.
AI Strategy Centers on Leasing Power-Backed Sites Thiel said MARA began looking seriously at AI opportunities in 2023 and 2024. While hyperscale cloud companies require highly specialized data center designs, he said MARA determined it would need a partner rather than building an entire tenant-leasing and development organization on its own.
The company hired a third-party adviser to evaluate which of its sites would be attractive to hyperscalers and what upgrades would be needed. Thiel said the results showed that “the vast majority” of MARA’s sites were attractive to potential counterparties.
MARA then developed a partnership framework with Starwood, which Thiel said was finalized in February after the companies tested customer interest together. He described the process as more than two years in the making.
Thiel said MARA has more than 1.1 gigawatts of energized power in its current portfolio. Sites of 100 megawatts or more are drawing interest from hyperscalers, while smaller sites are more likely to appeal to neocloud and inference AI providers, he said. He added that site expansion potential could take MARA’s capacity above 2 gigawatts, including growth at existing locations and the Long Ridge deal the company has announced but not yet closed.
Company Favors Real Estate Model Over GPU-as-a-Service Asked whether MARA would provide GPU-as-a-service or own compute infrastructure itself, Thiel said the company currently sees better economics in data center real estate development and leasing.
He said building a 100-megawatt site for a neocloud model could require roughly $100 million of infrastructure and $300 million of compute, creating a much heavier capital burden. By contrast, through the Starwood partnership, MARA can contribute sites to a joint venture and receive equity credit before it must contribute additional capital.
“You can’t be all things to everybody,” Thiel said. “We think that right now we have a portfolio that will do very well in a leased environment.”
He said longer term, MARA could pursue partnerships with silicon vendors on smaller sites, with MARA operating infrastructure while partners provide chips. Over time, he described the possibility of large data center campuses with hyperscalers, neoclouds and owned-and-operated components.
Demand Spans Hyperscalers, AI Labs and Enterprises Thiel said the AI infrastructure demand environment remains constrained by power availability. He said conversations are occurring with silicon providers, model providers, hyperscalers, neoclouds and enterprises.
Model providers such as OpenAI and Anthropic are competing for market share that depends on available compute capacity, Thiel said. He also said silicon vendors are increasingly focused on securing access to powered sites for their customers.
Thiel described enterprise demand as a developing long-term opportunity, particularly for private cloud infrastructure. He said enterprises may seek dedicated AI environments to reduce costs and maintain control of sensitive data. He cited MARA’s investment in Exaion in France as relevant to that opportunity, saying Exaion’s business includes private cloud infrastructure and that data sovereignty concerns in Europe create openings for non-U.S. cloud alternatives.
For enterprise customers, Thiel said expected demand is more likely in the 5-megawatt to 25-megawatt range, and generally below 50 megawatts, while some large financial institutions may seek much larger footprints.
Priorities: Tenant Leases and Long Ridge Thiel said MARA’s near-term priorities are signing tenant leases for its existing portfolio, closing the Long Ridge transaction and leasing that capacity.
“If we do all of that this year, it will be a very great year for our shareholders,” he said.
On financing, Thiel said tenant creditworthiness is critical because lower-cost capital matters in data center development. He said the Starwood partnership provides a “credit wrap” benefit, and that working with non-investment-grade AI companies would likely require backstops, potentially from silicon providers.
Under the Starwood structure, Thiel said MARA contributes a site only once it is leased. He said Starwood must catch up to MARA’s contributed value before MARA writes another check, and that cost overruns are not borne on MARA’s balance sheet. He also said MARA can continue bitcoin mining at a site until a tenant requires the space, after which the company can move its containerized mining infrastructure.
Thiel said MARA may eventually choose to sell stabilized data center assets and recycle capital, or continue holding them for cash flow. He said the model is designed to allow the company to keep aggregating land and power for future projects.
About Marathon Digital NASDAQ: MARAMarathon Digital Holdings, Inc is a digital asset technology company specializing in the mining and acquisition of bitcoin. Headquartered in Las Vegas, Nevada, the firm employs high-performance application-specific integrated circuit (ASIC) miners and proprietary software to secure the Bitcoin network and expand its crypto-mining footprint. Marathon Digital focuses on operational efficiency and scalability, while maintaining rigorous standards for regulatory compliance and corporate governance.
The company operates multiple large-scale mining facilities throughout North America, including sites in Texas, Montana and New York.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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MARA Holdings maintains sector-leading energy costs at $0.04/kWh for owned sites, critical for Bitcoin mining competitiveness. MARA's total cost per acquired Bitcoin rose to $40,047 in Q1 2026, reflecting global hashrate growth, but energy cost discipline remains strong. MARA is pivoting towards AI infrastructure by acquiring Long Ridge Energy & Power, securing a 505 MW gas asset with expansion potential beyond 1GW.
A Look at MARA Holdings Inc (MARA) After 11.8% Gain -- GF Value $16.78 vs Price $13.78
On June 08, 2026, MARA Holdings Inc MARA shares rose 11.8% today, bringing the current price to $13.78. Despite today’s impressive gain, the stock has experienced a volatile year, with a 52-week range of $6.66 to $23.45.
GF Value™ verdict: Current price of $13.78 is 17.9% below the GF Value™ of $16.78.GF Score™ is 64/100, indicating an above average stock based on GuruFocus metrics.Notable signal: Insiders sold $2.0M worth of stock in the last 3 months, with no buying activity. Is MARA Overvalued or Undervalued? According to the GF Value™, MARA Holdings Inc is currently undervalued, trading at $13.78 compared to its fair value estimate of $16.78. This represents a margin of safety of 17.9%, suggesting that the stock has potential for price appreciation. The GF Valuation label identifies the stock as modestly undervalued, which indicates that while the stock is trading below its intrinsic value, there are caveats to consider, such as the company's financial health and market conditions.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current valuation, investors may find an appealing opportunity; however, the financial strength rating of 3/10 signals potential risks that could impact future performance.
How Does MARA's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)285.2x14.7x Currently, MARA's P/E ratio stands at 285.2x, which is significantly higher than its 5-year median P/E of 14.7x. This indicates that the stock is trading well above its historical valuation levels. The P/E analysis suggests a discrepancy with the GF Value™ verdict, as a high P/E ratio may imply overvaluation despite the GF Value™ indicating that the stock is undervalued. Investors should be cautious and consider the implications of such a high P/E in relation to the company's financial stability.
What Does MARA's GF Score™ Tell Us? MetricRating GF Score™64/100 Financial Strength3/10 Profitability4/10 Growth3/10 Valuation8/10 Momentum7/10 MARA's GF Score™ of 64/100 indicates that the stock is positioned above average when compared to its peers. The strongest area is its Valuation rank of 8/10, suggesting that the stock is relatively undervalued based on its intrinsic value. However, the Financial Strength score of 3/10 highlights vulnerabilities, which could be concerning for potential investors. The Profitability and Growth ranks are also below average, suggesting that while there may be some value in the stock, fundamental weaknesses could pose risks.
What Are Insiders Doing with MARA Stock? In recent months, MARA Holdings Inc has seen significant insider selling, with a total of $2.0M worth of shares sold and no reported buying activity. This trend indicates a lack of confidence from insiders, as they have chosen to liquidate their positions rather than invest further. Such behavior can often raise red flags for potential investors, as it may suggest that insiders do not foresee a favorable outlook for the company in the near term.
What This Means for Investors Based on the analysis of GF Value™, MARA Holdings Inc is currently undervalued. However, the high P/E ratio and weak financial strength signal caution. Potential investors should weigh the undervaluation against the inherent risks outlined in the company's financial metrics.
For the complete analysis, visit the MARA Holdings Inc MARA stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is MARA's GF Score™?
MARA's GF Score™ is 64/100, indicating that the stock is above average based on key financial metrics.
Is MARA overvalued or undervalued?
MARA is currently undervalued according to the GF Value™, trading at a price below its estimated fair value of $16.78.
What is MARA's P/E ratio?
MARA's P/E ratio is 285.2x, which is significantly higher than its 5-year median P/E of 14.7x, indicating it is trading well above its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
A month has gone by since the last earnings report for Marathon Digital Holdings, Inc. (MARA - Free Report) . Shares have added about 4.6% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Marathon Digital due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers.
MARA Holdings Reports Q1 LossMarathon Digital Holdings reported unimpressive first-quarter 2026 results, with both earnings and revenues missing the Zacks Consensus Estimate.
MARA’s first-quarter 2026 loss per share was 61 cents, wider than the Zacks Consensus Estimate of a loss of 46 cents and the year-ago loss of 40 cents per share. Revenues of $174.6 million missed the consensus mark of $192.7 million and declined 18.4% year over year.
The weaker results reflected lower bitcoin prices, higher operating expenses and unfavorable mark-to-market adjustments on digital assets. During the quarter, MARA increased its energized hashrate (EH) 33% year over year to 72.2 EH/s and mined 2,247 bitcoins (BTC).
MARA Expands Hashrate Amid Mining PressureMARA continued scaling its mining platform despite a tougher pricing environment. Energized hashrate rose to 72.2 EH/s from 54.3 EH/s in the year-ago quarter, while average daily bitcoin production reached 25 BTC.
The company won 653 blocks in the quarter, down 2% year over year. Higher global network difficulty offset gains from fleet expansion and reduced bitcoin mined per unit of energy consumed. MARA deployed roughly 5,000 new miners and acquired 2.4 EH of next-generation used Application-Specific Integrated Circuit miners to improve fleet efficiency at lower capital costs.
Marathon Revenues Fall on Bitcoin WeaknessMarathon’s revenues decreased to $174.6 million from $213.9 million in the prior-year quarter. Management attributed most of the decline to an 18% drop in average bitcoin prices, which reduced revenues by approximately $33.1 million.
Bitcoin production declined modestly from the year-ago period, contributing additional pressure on sales. Other revenues fell $3.7 million, primarily due to lower contributions from digital asset hosting services and other digital assets. Bitcoin holdings were 35,303 BTC at quarter-end, down from 47,531 BTC a year earlier.
MARA Costs Rise Despite Efficiency GainsMARA’s purchased energy costs increased to $44.7 million from $43.5 million in the prior-year quarter, reflecting expanded owned mining operations and higher power usage. Purchased energy cost per bitcoin increased to $40,047 from $35,728 a year ago due to growth in network difficulty outpacing hashrate expansion.
Operating and maintenance expenses climbed to $30.6 million from $19.8 million due to higher miner repair costs, maintenance spending and labor expenses tied to a larger operational footprint. Third-party hosting and other energy costs rose to $70 million.
Despite these pressures, cost per petahash per day improved 3% year over year to $27.6. Management noted that the metric has improved 42% over the last 11 quarters, supported by operational efficiencies and hardware optimization.
Marathon Pursues AI Infrastructure ExpansionMarathon accelerated its transition toward digital infrastructure and AI-focused operations during the quarter. The company advanced its strategic partnership with Starwood to develop AI and critical IT infrastructure across powered sites.
Per management, around 90% of MARA’s non-hosted capacity is being evaluated for AI and critical IT conversion opportunities. The partnership structure is designed to monetize the company’s power and land portfolio while limiting incremental capital requirements.
The company also announced a definitive agreement to acquire Long Ridge Energy and Power after quarter-end. The asset includes a 505 MW combined-cycle gas turbine facility and 1,600 acres of land adjacent to MARA’s Hannibal operations. The acquisition is expected to expand MARA’s owned and operational capacity by roughly 65% and create a scalable AI and high-performance computing campus.
MARA Strengthens Balance Sheet, Cuts DebtMARA reported a net loss of $1.3 billion compared with a loss of $533.4 million in the prior-year quarter. The wider loss primarily reflected a $1 billion unfavorable fair-value adjustment tied to declining bitcoin prices and restructuring charges of $45.9 million.
Adjusted EBITDA was negative $1 billion compared with negative $483.6 million a year ago. General and administrative expenses, excluding stock-based compensation, increased to $57.7 million from $36.9 million due to integration costs, higher personnel expenses and expansion initiatives.
The company reduced its workforce by 15%, a move expected to generate annualized savings of $12 million. During the quarter, MARA sold approximately $1.5 billion of bitcoin and used the proceeds to repurchase more than $1 billion of convertible debt at a discount and reduce outstanding borrowings. Combined cash and bitcoin holdings totaled approximately $2.9 billion at quarter-end.
How Have Estimates Been Moving Since Then?Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.
VGM ScoresCurrently, Marathon Digital has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. However, the stock has a grade of F on the value side, putting it in the bottom 20% quintile for value investors.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook Marathon Digital has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerMarathon Digital is part of the Zacks Financial - Miscellaneous Services industry. Over the past month, Virtu Financial (VIRT - Free Report) , a stock from the same industry, has gained 5.2%. The company reported its results for the quarter ended March 2026 more than a month ago.
Virtu Financial reported revenues of $786.53 million in the last reported quarter, representing a year-over-year change of +58.2%. EPS of $2.24 for the same period compares with $1.30 a year ago.
Virtu Financial is expected to post earnings of $1.49 per share for the current quarter, representing a year-over-year change of -2.6%. Over the last 30 days, the Zacks Consensus Estimate has changed +5.3%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #1 (Strong Buy) for Virtu Financial. Also, the stock has a VGM Score of D.
In the latest close session, Marathon Digital Holdings, Inc. (MARA - Free Report) was down 5.03% at $12.64. The stock fell short of the S&P 500, which registered a loss of 1.62% for the day. Meanwhile, the Dow lost 1.87%, and the Nasdaq, a tech-heavy index, lost 1.98%.
Shares of the company witnessed a gain of 4.64% over the previous month, beating the performance of the Finance sector with its gain of 0.94%, and the S&P 500's loss of 0.03%.
The investment community will be paying close attention to the earnings performance of Marathon Digital Holdings, Inc. in its upcoming release. The company's upcoming EPS is projected at -$0.44, signifying a 45.68% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $203.96 million, reflecting a 14.48% fall from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.67 per share and revenue of $822.82 million. These totals would mark changes of +54.74% and -9.29%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Marathon Digital Holdings, Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Marathon Digital Holdings, Inc. is holding a Zacks Rank of #3 (Hold) right now.
The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 151, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
MARA Holdings remains a Strong Buy after its Exaion acquisition, reinforcing its position as a European AI cloud infrastructure provider. The Exaion deal, backed by French regulatory approval and data sovereignty protocols, establishes a strong moat for MARA in the EU AI cloud market. Q1 2026 saw a net loss of $1.3 billion, but this was largely driven by non-cash BTC revaluations; the core AI infrastructure thesis remains intact.
Shares of Nio (NYSE:NIO | NIO Price Prediction) are up 7% in midday trading Monday, changing hands near $6 after the Chinese EV maker posted blowout May delivery numbers. The bounce extends a recovery year for Nio stock, which is up 69% over the past 12 months.
Tesla (NASDAQ:TSLA) is moving the other direction, with Tesla stock down 3% to around $420.50. The slip follows a strong May for Tesla stock, which had climbed 17% over the prior month.
The split tape captures a real shift inside the China EV competitive set. Nio is gaining traction with new product launches, while Tesla is fielding fresh questions about its China share heading into June.
Nio’s May Deliveries Light the Fuse Nio delivered 37,705 vehicles in May, up 62% year over year (YoY). Management attributes the demand surge to new launches, including the ES9 flagship SUV and AI-focused upgrades to the Onvo sub-brand.
The print lines up with Nio’s Q2 2026 guidance for 110,000 to 115,000 vehicle deliveries and revenue of CNY 32.7 to 34.4 billion. It also follows a Q1 2026 report featuring revenue of CNY 25.5 billion, 83,000 unit deliveries, and a vehicle margin that climbed to 19%.
Nio CEO William Li framed the cycle directly on the Q1 call, declaring, “Starting from the second quarter, the Company has entered an intensive new product launch and delivery cycle.” May’s report suggests that cycle is already showing up in the sales mix. Nio’s three-brand stack (Nio premium, Onvo mid-tier, Firefly small car) is broadening the addressable market across price points.
Product momentum also shows up in segment data. The Nio All-New ES8 has ranked #1 in China’s large SUV segment priced above RMB 400,000 for five consecutive months, an indicator that Nio’s premium positioning is holding even as Chinese rivals press hard.
Tesla Pulls Back as China Pressure Builds Tesla stock is digesting a slice of its strong May run rather than breaking trend. Reporting from late May flagged that Tesla’s China market share has slipped, feeding the competitive divergence narrative powering today’s split move between Tesla and Nio.
Today’s move sits inside a broader Tesla setup. Q1 2026 results showed Tesla’s automotive gross margin expanding to 21% from 16% a year earlier. FSD active subscriptions also reached 1.28 million, though FSD regulatory approval in China remains pending.
The prediction markets are framing today’s Tesla move as a measured cooling. Polymarket assigns a 0.98 probability to a down close today, with weekly levels around $420 and $427.50 already rated as near certain. Q2 2026 deliveries in the 425,000 to 450,000 range carry the highest implied probability at 0.36.
The Bull and Bear Lines on Nio The bullish case for Nio stock keeps picking up endorsements. Bernstein raised its Nio price target to $6 from $5.50 on May 22, citing the strong Q1 print, and Bank of America doubled its Nio stake in Q1 2026 to a record 14.2 million shares, its largest position in the name since 2018.
There’s nuance to the China backdrop, though. On May 28, Nio CEO William Li said China’s auto industry has likely passed its “golden era,” even as Nio leans further into smart-driving spend to defend its lane.
Reddit chatter on NIO stock is bullish but thin, anchored by a sentiment score of 64 on WallStreetBets tied to a sizable Nio call options position. Tesla sentiment has skewed bearish across late May, with SpaceX merger speculation and governance threads pulling retail attention away from core operations.
What to Watch The next read on this divergence could come from Tesla’s June delivery commentary and any updated Q2 2026 production color. Investors can also watch for whether Nio’s ES9 ramp keeps the monthly pace above the 37,000-unit mark as Q2 earnings approach.
For now, the framing is straightforward. Nio stock is being rewarded for hard delivery data, while Tesla stock is processing a strong month against a tougher China narrative. Watch for whether Nio stock holds the gap into the close and whether Tesla stock stabilizes near the $420 level into Tuesday’s session.
The Chinese electric vehicle (EV) company Nio (NYSE: NIO) has reached another milestone in 2026 with its May deliveries report, which featured a substantial 28.4% month-over-month (MoM) increase and an impressive 62.3% year-over-year (YoY) increase.
Key Takeaways NIO delivered 37,705 vehicles in May 2026, up 62.3% year over year across its three brands.NIO targets 110,000-115,000 Q2 deliveries, implying 52.7-59.6% year-over-year growth.NIO's ONVO L80 and ES9 launches, plus ES8 sales leadership, support delivery momentum. NIO Inc. (NIO - Free Report) reported deliveries of 37,705 vehicles in May 2026, up 62.3% from the prior-year period. The total included 20,013 vehicles from the NIO brand, 12,029 from the ONVO brand and 5,663 from the FIREFLY brand. As of May 31, 2026, the company’s cumulative deliveries had reached 1,148,118 vehicles.
Beginning in the second quarter, all three brands entered an accelerated phase of product launches and deliveries, a trend that is expected to drive sustained strong growth in vehicle deliveries. For the second quarter of 2026, NIO expects vehicle deliveries to range between 110,000 and 115,000 units, representing year-over-year growth of approximately 52.7% to 59.6% compared with the same period in 2025.
The company launched the ONVO L80, its smart flagship five-seat SUV, on May 15, with customer deliveries beginning the following day. The ONVO L80 model combines innovative interior design, advanced intelligent technologies and access to NIO’s charging and battery-swapping network, helping address customer needs related to space, travel and energy replenishment. The L80 has received strong market feedback and is contributing to the adoption of battery electric vehicles in the large five-seat SUV segment.
On May 27, the company unveiled the ES9, its flagship executive SUV and its deliveries commenced on May 28. The model combines advanced intelligent features, executive-level comfort and space, a 900V high-voltage architecture and NIO’s charging and battery-swapping ecosystem. The ES9 is expected to strengthen NIO’s competitive position in the premium segment and represents a culmination of more than a decade of innovation.
Its All-New ES8 ranked first in sales among vehicles priced above RMB 400,000 across all powertrain categories for the fifth consecutive month as of May 2026, reinforcing its position in the premium vehicle market. NIO carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
May 2026 Deliveries of NIO’s CompetitorsXPeng Inc. (XPEV - Free Report) delivered 32,158 vehicles in May, marking a 4% year-over-year decline. The company estimates that the electric vehicles it delivered between January and May 2026 will cut lifecycle greenhouse gas emissions by more than two million tons compared with conventional internal combustion engine vehicles. This reduction is comparable to the carbon-capturing effect of approximately 33.16 million young trees grown over a decade.
Li Auto Inc. (LI - Free Report) delivered 33,350 vehicles in May 2026, representing a decrease of 18.4% from the same period last year. By May 31, 2026, the company's cumulative deliveries had reached 1,702,792 vehicles. In May, Li Auto introduced and began delivering the redesigned Li L9, kicking off a new product refresh cycle for its Li L series lineup. The new Li L9 garnered more than 10,000 orders within two weeks of launch.
NIO’s Price Performance, Valuation and Estimates NIO has outperformed the Zacks Automotive-Foreign industry year to date. Its shares have surged 17.3% against the industry’s decline of 12.2%.
Image Source: Zacks Investment Research
From a valuation perspective, NIO appears overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.66, slightly higher than the industry’s 0.62.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NIO’s 2026 loss per share has narrowed by 8 cents in the past 30 days, while the 2027 loss per share improved to breakeven earnings.
Image Source: Zacks Investment Research
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NIO Inc (NYSE:NIO) shares are extending their run on Tuesday after rallying Monday on the back of strong May delivery numbers that showed broad demand across its NIO, ONVO and FIREFLY brands.
NIO (NIO 0.38%) is showing stronger revenue growth, better vehicle margins, smaller losses, and renewed delivery momentum across NIO, ONVO, and FIREFLY. The bullish case is getting more credible, but investors still have to weigh that progress against fierce China EV competition and the company's lack of consistent profitability.
Stock prices used were the market prices of May 22, 2026. The video was published on May 31, 2026.
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
NIO Inc – ADR (NYSE:NIO) shares are trading flat during Wednesday's pre-market session as traders continue to weigh strong May delivery momentum and fresh SUV launches that have kept the recent rebound narrative intact. Here's what investors need to know.
The Chinese automotive industry is complicated right now. Domestic automakers have been heavily subsidized by the government and have also worked diligently on cost control, supply chains, and the development of advanced electric vehicle (EV) technology. The long list of domestic automakers has created brutal competition and a price war that has weighed on the industry.
Meanwhile, as Chinese automakers scramble to export vehicles overseas to support business, Nio (NIO 0.38%) is bucking the trend by posting strong sales growth. Not only is Nio posting strong sales growth, unlike many of its competitors, but it's also doing another key thing to convince investors it's the smart play in a crowded Chinese auto industry.
NIO ES9. Image source: Nio.
Continued momentum After posting a strong first-quarter result that included an adjusted operating profit, Nio's momentum continued into May, with deliveries reaching 37,705 vehicles -- a 62% increase over the prior year. There's even near-term optimism about growth, considering Nio launched the ES9, its flagship executive SUV, with deliveries starting on May 28.
May was just the continuation of a strong 2026 for Nio, as the company has delivered 150,526 vehicles year to date through May, which was a similarly impressive 69% year-over-year gain. In comparison, China's sales of new-energy vehicles dropped by 17% through the first four months of 2026.
Navigating the price war What's even more impressive than Nio's bucking the sales spiral in China is that it's navigated the brutal price war while still supporting its margins. There are two key things to look at during its recent first-quarter results.
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First, consider that Nio's deliveries during the first quarter soared 98.3%, but its vehicle revenue reached $3.3 billion on the back of a nearly 130% increase from the prior year. That suggests it's not simply higher volume driving Nio's vehicle revenue, but rather strong pricing in the face of a brutal price war. That's impressive. Second is that Nio's vehicle margin checked in at 18.8% during the first quarter of 2026, compared with a much more modest 10.2% during the prior year.
Furthermore, while Nio's net loss substantially narrowed during the first quarter, compared with the prior year, China's two top EV makers show how devastating the price war can be for many competitors. In fact, BYD's net income spiraled 55% lower to 4.1 billion yuan, or roughly $605 million, during the quarter ended March 31, while Geely's net income fell 26% to 4.2 billion yuan, or roughly $619 million.
What it all means Nio's first quarter and May sales results were impressive. Nio's vehicle margin has now improved quarter over quarter for four consecutive quarters, and its "other sales" margin reached 20.6%, a four-year high, thanks to improving scale, sales volume, cost discipline, and improved profitability. The fact that Nio achieved all of this amid a brutal price war that hit BYD and Geely earnings and profitability hard should have savvy investors putting Nio on their watch list as the company expands its more affordable sub-brands and continues to launch vehicles for its premium namesake brand.
Key Takeaways NIO's Q1 vehicle margin rose to 18.8% from 10.2% a year ago, aided by higher-margin models.ES8 delivered over 20% vehicle margin and contributed about half of the total margin in Q1.Rising material and chip costs may add RMB 10,000 per vehicle; NIO still targets 17-18%. NIO Inc. (NIO - Free Report) remains focused on maintaining healthy vehicle margins through a combination of product mix optimization, disciplined pricing and supply chain efficiency initiatives despite mounting cost pressures across the electric vehicle industry.
In the first quarter, NIO reported a vehicle margin of 18.8%, up from 10.2% in the same period last year and 18.1% in the fourth quarter of 2024. The stronger margin performance was largely driven by a greater contribution from higher-margin models, particularly the ES8, which accounted for roughly 50% of total margin contribution and achieved a vehicle margin exceeding 20% during the quarter.
The company also benefited from previously secured inventories of key parts and components, which helped offset some of the impact from rising raw material costs in the first quarter. However, the broader industry continues to face rising cost pressures related to memory chips, battery materials such as lithium carbonate and NCM, and copper and aluminum. Beginning in the second quarter, these factors are expected to increase vehicle costs by approximately RMB 10,000 or more per unit on average.
Despite these headwinds, NIO continues to target a vehicle margin of 17% to 18% for both the second quarter and the full year. To achieve this goal, the company plans to increase the sales mix of higher-priced, higher-margin models such as the ES8 and ES9. At the same time, it intends to maintain disciplined pricing and promotional strategies for models with moderate margins, prioritizing profitability over volume growth.
NIO is also working closely with its supply chain partners to mitigate cost pressures through engineering enhancements, operational efficiency improvements and commercial negotiations. Through these measures, the company believes it can sustain vehicle margins in the 17% to 18% range despite a challenging cost environment. NIO carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
What Steps Are NIO’s Peers Taking for Margin Improvement?XPeng Inc. (XPEV - Free Report) reported a gross margin of 20.6% in the first quarter of 2026, up from 15.6% a year earlier and slightly below 21.3% in the fourth quarter of 2025. Despite higher battery material and membership costs, XPeng’s gross profit remained close to the prior quarter. XPeng expects the second quarter gross margin to stay around the first quarter levels, supported by deliveries of the high-margin GX SUV and a more favorable product mix.
Li Auto Inc.’s (LI - Free Report) gross margin fell to 7.9% in the first quarter of 2026 from 20.5% a year ago and 17.8% in the fourth quarter of 2025, pressured by its model refresh cycle, a higher mix of i6 and L6 deliveries, and purchasing tax subsidies for the i6. Li Auto expects gross margin to recover to about 10% in the second quarter with the launch and deliveries of the new L9. Li Auto anticipates further margin improvement in full-year 2026 as it completes its model refresh and optimizes its product lineup.
NIO’s Price Performance, Valuation and Estimates NIO has outperformed the Zacks Automotive-Foreign industry year to date. Its shares have surged 11.6% against the industry’s decline of 16.7%.
Image Source: Zacks Investment Research
From a valuation perspective, NIO appears fairly valued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.63, marginally higher than the industry’s 0.62.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NIO’s 2026 loss per share has narrowed by 8 cents in the past 30 days, while the 2027 loss per share improved to breakeven earnings.
NIO stock is feeling bearish pressure. What’s behind NIO decline? What Is Driving NIO’s May Delivery Surge?The latest operational backdrop is still constructive: May deliveries totaled 37,705 vehicles, up 62.3% from a year earlier, helped by newer launches like the ONVO L80 (introduced May 15; deliveries began May 16) and the ES9 (unveiled May 27; deliveries began May 28).
That May mix matters for sentiment because it wasn't just one nameplate: 20,013 were NIO-branded vehicles, 12,029 were ONVO units, and 5,663 were FIREFLY models, with cumulative deliveries at 1,148,118 vehicles as of May 31.
Management has also pointed to premium traction, saying the All-New ES8 ranked No. 1 in sales among vehicles priced above 400,000 yuan for five straight months.
NIO is also leaning on the ES9 narrative as a higher-end halo product, describing it as the result of 11 years of development and built around a 900V high-voltage architecture tied into its charging and battery-swap network.
The pullback is also lining up with a broader selloff in risk assets, with the Nasdaq-100 down 2.65% and market breadth tilted negative (advance/decline ratio at 0.8), even as defensives like Consumer Staples and Healthcare trade higher.
Critical Moving Averages Levels For NIO StockAt $5.42, NIO is trading below every major moving average in this dataset—about 6.9% below the 20-day SMA ($5.82), 10.6% below the 50-day SMA ($6.06), 2.2% below the 100-day SMA ($5.54), and 7.7% below the 200-day SMA ($5.86). That positioning keeps rallies vulnerable to "sell-the-rip" behavior until price can reclaim at least the 20-day/100-day area and then work back toward the 50-day.
Key Resistance: $5.50 — a nearby round-number area that can cap rebounds, especially with multiple moving averages overhead Key Support: $5.00 — a round-number floor that's close enough to matter if sellers press the stock during the current market downdraft How NIO Operates in the Premium EV MarketNio is a China-focused EV maker aimed at the premium segment, designing and selling smart electric sedans and SUVs while leaning on differentiators like battery swapping and advanced driver-assist tech. It launched its first model, the ES8 seven-seater electric SUV, in December 2017 and began deliveries in June 2018.
The company sold around 326,000 EVs in 2025, about 2% of China's passenger new energy vehicle market, so monthly delivery trends can swing sentiment quickly. That's why the May delivery jump (and the ramp across NIO, ONVO and FIREFLY models) matters, even as the stock's chart is still working through overhead supply.
NIO Stock Price Movement On FridayNIO Stock Price Activity: Nio shares were down 5.45% at $5.39 at the time of publication on Friday, according to Benzinga Pro data.
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China, the world's largest automotive market, hasn't been as enjoyable for automakers foreign or domestic in recent times. A brutal electric vehicle (EV) price war driven by a long list of subsidized competitors created a race to the bottom of pricing. That scenario has eroded margins across the industry and forced many domestic automakers to ramp up their exports to Europe and other countries to support growth. Nio (NIO 0.38%), strangely enough, has been thriving while doing the opposite: still focusing on China.
Goodbye golden era According to Nio CEO, William Li, China's automotive market has moved past its "golden era," with China's domestic car sales falling for the seventh consecutive month in April. With China's domestic auto sales spiraling lower, compounded by economic and policy concerns, competitors are now racing each other to export vehicles overseas where many are getting a foothold in Europe and other regions.
In fact, passenger car exports from China jumped 85% in April, compared to the prior year, to nearly 800,000 vehicles, per the China Association of Automobile Manufacturers (CAAM). Within the broader figure was a surge in new energy vehicles (NEVs), which include both EVs as well as plug-in hybrids. The latter jumped more than 120% in April, compared to the prior year. BYD Co. has seen more demand overseas than anticipated, and this caused management to raise its 2026 export guidance up roughly 15% to 1.5 million vehicles.
Despite surging exports to support growth, China's two top EV makers took a walloping during the first quarter. BYD Co.'s net income tumbled 55% to 4.1 billion yuan, or $605 million, and Geely's net income dropped 26% to 4.2 billion yuan, or $619 million.
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Impressive results It's the combination of surging exports, cratering domestic sales, and tumbling profits for many automakers that makes what Nio achieved during Q1 more impressive. That's because Nio hasn't followed many of its competitors overseas: Through April, Nio has sold only 217 vehicles in Europe. Nio continues to focus on its home market, and despite broader pain in the industry, Nio delivered 37,705 vehicles in May, good for a staggering 62.3% gain over the prior year. It wasn't a one-hit wonder, either, as Nio's year-to-date deliveries have surged almost 69% compared to the prior year.
Nio's impressive results go beyond deliveries with vehicle margin checking in at 18.8% during the first quarter, up strongly compared to the prior year's 10.2% level. Furthermore, Nio's vehicle sales revenue jumped 129% in Q1, far outpacing its 98% delivery growth, suggesting the company's pricing remains strong amid the industry's EV price war.
"We also maintained positive non-GAAP operating profit in the quarter, and cash reserves continued to increase," said Stanley Yu Qu, NIO's chief financial officer, in a Q1 press release. He added:
We are encouraged by the continued improvement across all key operating metrics. Looking ahead, we will further enhance cost and operational efficiency while strengthening our sustainable business capabilities.
There's even reason for investors to think the best in 2026 is yet to come, as Nio only recently launched its flagship executive SUV, the ES9, on May 27.
Nio ES9. Image source: Nio.
What it all means Nio's Q1 results were a rare bright spot in a mostly gloomy market. Its ability to improve vehicle unit economics amid a downturn should have investors feeling optimistic about the future, especially if and when China's market eventually rebounds and the price war fades. Furthermore, while Nio's focus remains on its domestic market, it does plan on expanding its sub-brand Firefly in Europe, which would be another lever for its growth in the near term. No matter how you slice it, right now Nio appears to be separating itself as one of the top Chinese auto stocks.
NIO Inc. (NIO - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this company have returned -8.4%, compared to the Zacks S&P 500 composite's +1.9% change. During this period, the Zacks Automotive - Foreign industry, which NIO falls in, has lost 5%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
NIO is expected to post a loss of $0.07 per share for the current quarter, representing a year-over-year change of +78.1%. Over the last 30 days, the Zacks Consensus Estimate has changed +12.5%.
For the current fiscal year, the consensus earnings estimate of -$0.17 points to a change of +82.7% from the prior year. Over the last 30 days, this estimate has changed +41.8%.
For the next fiscal year, the consensus earnings estimate of $0.01 indicates a change of +104.9% from what NIO is expected to report a year ago. Over the past month, the estimate has changed -119.1%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for NIO.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of NIO, the consensus sales estimate of $4.87 billion for the current quarter points to a year-over-year change of +83.4%. The $19.41 billion and $23.03 billion estimates for the current and next fiscal years indicate changes of +57.4% and +18.7%, respectively.
Last Reported Results and Surprise HistoryNIO reported revenues of $3.7 billion in the last reported quarter, representing a year-over-year change of +123.2%. EPS of -$0.03 for the same period compares with -$0.45 a year ago.
Compared to the Zacks Consensus Estimate of $3.55 billion, the reported revenues represent a surprise of +4.28%. The EPS surprise was +87.5%.
Over the last four quarters, NIO surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
NIO is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about NIO. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
SHANGHAI, June 09, 2026 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today noted that the U.S. Department of Defense has added the Company to its “Chinese military companies” list (the “CMC List”).
Nio's new launches, especially mass-market brands, are rapidly driving sales. A dynamic global auto market, however, is forcing Nio to rething its business strategy.
Key Takeaways NIO's Q1 ASP was about RMB390,000, above BMW and roughly 50% higher than Audi. ONVO posted a Q1 ASP near RMB240,000 and is gaining traction with family buyers.Firefly holds about two-thirds of the high-end compact segment, aided by design and safety. NIO Inc. (NIO - Free Report) is increasingly getting recognized as a premium automotive brand in China and becoming a preferred upgrade choice for consumers moving beyond traditional luxury brands such as Mercedes-Benz, BMW and Audi. In the first quarter, the NIO brand achieved an average selling price (ASP) of approximately RMB 390,000, which is around RMB 50,000 higher than BMW and roughly 50% above Audi. In key markets such as Shanghai and other first-tier Chinese cities, NIO's market share has already surpassed that of several traditional luxury internal combustion engine brands, per the company’s first-quarter 2026 earnings transcript.
The company’s ONVO brand recorded an ASP of approximately RMB 240,000 in the first quarter, placing it in a range comparable to many second-tier luxury brands. ONVO is increasingly becoming a preferred choice for families seeking a high-quality and premium vehicle ownership experience. Meanwhile, Firefly has captured around two-thirds of the high-end compact car segment, with an ASP roughly 50% higher than competing small-car offerings. The company attributed this performance to Firefly's design, safety features, quality standards and overall customer value proposition.
Across NIO, ONVO and Firefly brands, a consistent premium positioning strategy is widely recognized by customers. The company's commitment to original design, long-term product development and corporate values has resonated strongly with its user base. Many customers are increasingly seeking emotional connection and brand affinity rather than focusing solely on vehicle specifications and features. NIO's user community and ecosystem are viewed as important contributors to this emotional engagement.
These emotional and brand-related differentiators are expected to create a competitive advantage, which is expected to reduce the need for aggressive price competition. The current industry-wide cost pressures, including rising prices for memory chips, batteries, copper and aluminum, have limited the benefits of scale. As a result, higher sales volumes do not automatically translate into stronger vehicle margins. Given these dynamics, NIO commits to maintaining its premium positioning for all three brands while continuing to focus on delivering a differentiated and emotionally engaging user experience. NIO carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
How Are NIO’s Competitors Attracting Customers?XPeng Inc.’s (XPEV - Free Report) ADAS mileage penetration on VLA 2.0-equipped vehicles surpassed 50% for the first time in April, indicating that advanced intelligent driving is becoming a key feature for users. The VLA 2.0 has become an important reason customers choose XPeng vehicles, per the company’s first-quarter 2026 earnings transcript. The early success of XPeng’s VLA 2.0 supports its view that larger datasets and model parameters can drive meaningful improvements in real-world AI capabilities. The company expects a planned third-quarter release to significantly enhance model performance and further extend its lead in intelligent driving.
Li Auto Inc.’s (LI - Free Report) top-selling L9 Livis version accounted for more than 90% of total orders, while the fully loaded Ultra version represented less than 10%. This reflects customer recognition of the company’s latest technology as well as a willingness to pay for added features and performance, per the company’s first-quarter 2026 earnings transcript. The trend reinforces Li Auto’s position in the vehicle segment priced above RMB 500,000. The company plans to strengthen promotional efforts for the Ultra version and further optimize the order mix.
NIO’s Price Performance, Valuation and Estimates NIO has outperformed the Zacks Automotive-Foreign industry in the last six months. Its shares have risen 8.3% against the industry’s decline of 21.7%.
Image Source: Zacks Investment Research
From a valuation perspective, NIO appears overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.65, higher than the industry’s 0.58.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NIO’s 2026 loss per share has narrowed by 3 cents in the past seven days, while the 2027 earnings per share have improved from breakeven earnings to a penny.
Image Source: Zacks Investment Research
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NIO shares are trending higher. What’s pushing NIO stock higher? What Is NIO’s Response To U.S. Military Designation?The Trump administration has labeled Nio a Chinese military company, and the automaker said Tuesday the inclusion is "not justified," adding it will engage with the U.S. Department of Defense and may pursue legal action if needed. The Pentagon list also includes other China-linked names such as BYD, Baidu and Alibaba Group.
Nio's posture matters for traders because a formal challenge to the designation could reshape the near-term risk premium applied to the stock, while any escalation could quickly overwhelm the broader market's 0.7% Nasdaq-futures bid. The company has also explicitly denied ties to China's military, saying it is "not a Chinese military company or a military-civil fusion contributor."
Broader U.S.-China friction is also showing up in tech-security narratives, with China tied to 58% of state-backed cyberattacks on tech companies in a CrowdStrike report that tracked activity through March 31. That backdrop can amplify scrutiny of China-linked issuers and their U.S. exposure.
NIO Stock: Key Levels and Trends to WatchThe moving-average structure is mixed: the 20-day SMA is below the 50-day SMA (bearish near-term slope), but the 50-day SMA remains above the 200-day SMA after the golden cross in April, which keeps the longer-term recovery thesis alive. In practice, that often creates a "two-speed" setup where bounces can be sharp, but follow-through tends to stall until price can reclaim the mid-$5s to $6 area.
Momentum, via MACD, leans cautious: MACD is below its signal line and the histogram is negative, suggesting upside pressure is cooling versus the prior upswing unless buyers can rebuild momentum. MACD is useful here because it frames whether the rebound attempts are strengthening or fading relative to that signal-line baseline.
From a level standpoint, traders will likely treat round numbers as decision points while the stock digests the February break below support and the May swing low.
Key Resistance: $6.00 — a round-number ceiling that also lines up closely with the 50-day SMA near $6.04, where rebounds can stall Key Support: $5.00 — a nearby round-number floor that can attract dip buyers if the bounce fades What Is NIO and How Does It Operate?Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles, and it tries to stand out with battery swapping and autonomous driving.
That positioning makes U.S. policy headlines especially important because they can affect investor access, sentiment, and the risk premium applied to China-based ADRs. Nio's scale also matters, about 326,000 EVs sold in 2025 (around 2% of China's passenger new energy vehicle market), so delivery momentum can help, but the stock can still be whipsawed by regulatory narratives.
NIO Stock Price Movement During Thursday’s PremarketNIO Stock Price Activity: Nio shares were up 1.74% at $5.27 during premarket trading on Thursday, according to Benzinga Pro data.
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NIO stock is trading in a tight range. What’s ahead for NIO stock? What Is NIO’s Response to U.S. Military Designation?The Trump administration has labeled Nio a Chinese military company, and the automaker said the inclusion is "not justified," adding it will engage with the U.S. Department of Defense and may pursue legal action if needed. The Pentagon list also includes other China-linked names such as BYD, Baidu and Alibaba Group.
Nio's statement also explicitly denied any military ties, saying it is "not a Chinese military company or a military-civil fusion contributor," as the company weighs legal recourse if the designation isn't corrected.
Nio is also trading against a tougher security backdrop after CrowdStrike said China accounted for over 58% of state-sponsored cyberattacks on tech companies through March 31, a narrative that can raise the perceived risk premium on U.S.-listed China-linked names.
The report said that "China-nexus adversaries are escalating espionage" to steal AI capabilities and IP they "cannot build fast enough," adding fuel to scrutiny that can spill into EV ADRs.
NIO Stock: Key Technical Levels To WatchWith futures mixed premarket (Dow up 0.51% and Russell 2000 up 0.29% even as the Nasdaq slips), Nio's flat-to-firm tape reads more like "risk tolerance holding up" than a clean relief rally from the headline. That matters because policy risk can reprice quickly, and the stock is still fighting overhead supply after earlier breakdowns.
Technically, price is still below every major trend gauge: about 6.4% below the 20-day SMA ($5.62), 12.6% below the 50-day SMA ($6.02), 5.5% below the 100-day SMA ($5.57), and 10.2% below the 200-day SMA ($5.86). That "below the stack" setup often caps rebounds until the stock can reclaim the mid-$5s and then prove it can hold above the $6.00 area.
The moving-average structure is two-speed: the 20-day SMA is below the 50-day SMA (bearish near-term), but the 50-day SMA is still above the 200-day SMA after the golden cross in April, which keeps the longer-term recovery case alive. Momentum also leans cautious because MACD is below its signal line with a negative histogram, which in plain English suggests upside pressure is fading versus its recent baseline unless buyers step back in.
From a levels standpoint, round numbers are likely to stay in control while the stock digests the February break below support and the May swing low.
Key Resistance: $6.00 — a round-number ceiling that lines up closely with the 50-day SMA near $6.02, where rebounds can stall Key Support: $5.00 — a nearby round-number floor just below current price that can act as a quick sentiment check What Is NIO and How Does It Operate?Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, it designs, develops, jointly manufactures, and sells premium smart EVs, and it tries to stand out with battery swapping and autonomous driving efforts.
Its lineup spans midsize to large sedans and SUVs, and it sold around 326,000 EVs in 2025, about 2% of China's passenger new energy vehicle market. That backdrop is why U.S. regulatory and geopolitical headlines can matter so much for the stock: they can change the risk premium investors apply to China-linked issuers with U.S. market exposure.
NIO Stock Price Activity Friday MorningNIO Stock Price Activity: Nio shares were trading 0.96% higher at $5.28 at the time of publication on Friday, according to Benzinga Pro data.
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Plug Power (PLUG 2.47%) shares have had a wild ride over the years. Since going public in 1999, the hydrogen stock has lost around 98% of its original value. Over the past 12 months, however, shares have surged by more than 380%.
The truth is that Plug Power isn't the company it was in decades past. Today, the company is a bona fide climate change stock, with rising global regulatory tailwinds making its hydrogen fuel systems more economically viable. According to one industry report, "clean hydrogen will grow 100-fold from today ... by 2060."
The hydrogen industry growing 100-fold by 2060 provides a long-term foundation of growth for Plug Power despite its relatively paltry $5 billion market cap. Before you jump in, however, there is one key risk to keep in mind.
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Two reasons to avoid Plug Power stock despite promising industry growth In 2024, a Hydrogen Council industry report observed that investment in hydrogen projects had grown by more than 600% over the trailing-four-year period. "While the global project pipeline has grown by a factor of seven since 2020 from 228 projects in 2021 to 1,572 projects in 2024 across the value chain, it has also matured," the industry group highlighted. "Over the years, a larger portion of projects have shifted from announcements to more advanced stages. Between 2020 and 2024, investments made in front end engineering design (FEED) stage projects increased by [a] factor [of] 20."
In combination, these statistics paint a promising picture for hydrogen, as well as Plug Power, which designs and sells hydrogen fuel systems. Not only is investment in the technology ramping up quickly, but massive industry growth is expected over the next three decades and beyond.
But there are two problems that should mitigate optimism.
Image source: Getty Images.
First, industry forecasts have been wrong in the past. Global consulting group McKinsey & Co., for example, has lowered its forecasts many times in recent years and now predicts hydrogen demand will grow by just twofold to fourfold by 2050 -- far below other industry forecasts like the one I cited that calls for 100-fold growth by 2060.
Second, much of this growth will be backloaded. That is, growth will be minimal in the first decade, building to higher growth rates decades down the line. That's bad news for the likes of Plug Power, which is still struggling to reach profitability. To plug the cash-flow gap, Plug Power has needed to sell massive amounts of stock in recent years, resulting in mounting shareholder dilution. So while Plug Power may succeed as a business long term, shareholders may see most of their theoretical gains offset by this dilution.
Plug Power has closed the sale of a federal investment tax credit for ~$39.2 million associated with its hydrogen liquefaction facility in St. Gabriel, LA.
Key Takeaways PLUG Q1 equipment and related infrastructure sales rose 24.4% to $79 million, led by electrolyzers.Plug Power electrolyzer sales more than tripled to about $40.9 million amid GenEco traction.PLUG hydrogen infrastructure grew, while fuel cell and cryogenic equipment sales weakened. Plug Power Inc. (PLUG - Free Report) is benefitting from strength in its equipment business, supported by strong growth in sales. In the first quarter of 2026, sales of equipment and related infrastructure were $79 million, reflecting a 24.4% rise from a year ago.
The key driver of this performance was the surge in electrolyzer demand, with sales more than tripling year over year to approximately $40.9 million. PLUG’s GenEco platform has gained traction as a preferred option for industrial-scale applications in oil refining, chemicals, mining, semiconductors, steel and cement industries. The company has more than 320 MW of electrolyzer capacity deployed worldwide and an more than $8 billion project pipeline across industrial and energy applications. Hydrogen infrastructure revenues also grew in the first quarter, driven by three hydrogen site installations recognized during the quarter.
Despite this progress, several product lines remained under pressure. Decrease in sales of fuel cell systems, particularly GenSure units, is denting the revenues of Plug Power. Cryogenic equipment and liquefiers sales slowed due to 30 units sold during the quarter compared with 66 units sold during the year ago period.
Overall, PLUG’s equipment sales are gaining traction, supported by stronger demand for electrolyzers and hydrogen infrastructure. If this trend continues, it could support sustained growth in the coming quarters.
Snapshot of Plug Power’s PeersAmong its major peers, Flux Power Holdings, Inc. (FLUX - Free Report) reported revenues of $6.59 million in the third quarter of fiscal 2026. Flux Power’s total revenues decreased 60.6% year over year. However, Flux Power continues to expand its lithium-ion energy storage solutions and SkyEMS software platform.
In the first quarter of 2026, PLUG’s another peer, Bloom Energy Corporation’s (BE - Free Report) product revenues surged more than 200% year over year. Bloom Energy’s total revenues increased 130.4% year over year. The growth was fueled by robust demand for Bloom Energy’s solid oxide fuel cell systems and expanding adoption of hydrogen-capable solutions.
The Zacks Rundown for PLUGShares of Plug Power have surged 100% in the year-to-date period compared with the industry’s growth of 46.5%.
Image Source: Zacks Investment Research
From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 18.28X against the industry average of 30.47X. PLUG carries a Value Score of F.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PLUG’s bottom line for 2026 has declined in the past 60 days.
Image Source: Zacks Investment Research
The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
This move comes amid a broader market context where the Industrials sector is gaining 0.9%, contributing to a modest 0.2% rise in the S&P 500.
• Plug Power stock is charging ahead with explosive momentum. What’s fueling PLUG momentum?
Sells Federal Tax Credit To Boost LiquidityPlug Power disclosed the sale of a federal investment tax credit valued at approximately $39.2 million related to its St. Gabriel hydrogen liquefaction facility in Louisiana.
The transaction follows Plug Power's January 2025 transfer of a $30 million Investment Tax Credit (ITC) tied to its Woodbine, Georgia hydrogen project.
Commissioned in April 2025, the St. Gabriel plant is one of the largest hydrogen liquefaction facilities in North America, with capacity to produce up to 15 tons per day. It serves as a key asset in Plug Power's expanding U.S. hydrogen production network.
This transaction is part of the company’s strategy to enhance liquidity and optimize capital deployment. It further solidifies its position in the hydrogen production market.
PLUG Technical Analysis: Bullish Momentum Above Key AveragesThe stock’s current price of $4.20 is significantly above its key moving averages, with the 20-day simple moving average (SMA) at $3.61, indicating a bullish trend. The moving average convergence divergence (MACD) is above its signal line, suggesting that downside pressure is easing, which aligns with the stock’s recent upward momentum.
Key Resistance: $4.50 — Nearby level where rebounds can stall. Key Support: $3.61 — 20-day SMA, which serves as a crucial support level. PLUG Earnings Preview: Date, Estimates and Analyst RatingsPlug Power is slated to provide its next financial update on Aug. 10, 2026 (estimated).
EPS Estimate: Loss of 8 cents (Up from Loss of 20 cents) Revenue Estimate: $169.53 million (Down from $173.97 million) Analyst Consensus & Recent Actions: The stock carries a Hold rating with a consensus price target of $3.74. Recent analyst moves include:
Wells Fargo: Equal-Weight (Raises target to $2.50 on May 19) Susquehanna: Neutral (Raises target to $3.75 on May 13) Canaccord Genuity: Hold (Raises target to $4 on May 12) Plug Power Benzinga Edge: Momentum and Market PerformanceBelow is the Benzinga Edge scorecard for Plug Power, highlighting its strengths and weaknesses compared to the broader market:
Momentum: Bullish (Score: 98.32) — Stock is outperforming the broader market. The Verdict: Plug Power’s Benzinga Edge signal reveals a strong momentum profile, indicating the stock is currently outperforming its peers in the market. This momentum could attract further investor interest as the company continues to execute its growth strategy in the hydrogen sector.
PLUG ETF Exposure: Funds With The Biggest WeightingsSignificance: Because Plub Power carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
PLUG Stock Price Activity: Plug Power shares were up 4.61% at $4.12 at the time of publication on Tuesday, according to Benzinga Pro data.
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Hyperscalers are spending massive amounts of capital to build out data centers for artificial intelligence. This historic build-out has triggered a once-in-a-lifetime capital expenditure supercycle, creating wealth for companies that can meet the many needs of these data centers.
One thing that these data centers really need is energy, and Bloom Energy's (BE +4.56%) solid-oxide fuel cell technology has emerged as a big winner as hyperscalers look to generate their own energy and ensure reliable operations without putting excessive strain on the power grid.
Another company that could capitalize on growing power demand is Plug Power (PLUG 2.47%), which offers hydrogen-powered fuel cells that provide zero-emission power to address energy shortages while helping companies meet sustainability goals. Could it become the next Bloom Energy?
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How Plug Power could address data centers' growing energy needs Bloom Energy has established itself as a top player in stationary power with its solid-oxide fuel cells, which can run on a variety of fuels, including natural gas, hydrogen, and biogas. What makes it appealing to top hyperscalers is that it can quickly deliver reliable on-site baseload power within a couple of months, not years. In recent years, Bloom has scored massive deals with hyperscalers and related infrastructure builders, including Oracle, Brookfield Asset Management, and American Electric Power.
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Plug Power's focus over the past few decades has been on building an end-to-end green hydrogen ecosystem, including electrolyzers, green hydrogen plants, hydrogen storage, and transportation. The company offers several products and services, and one of its primary offerings is warehouse equipment for Amazon and Walmart, including hydrogen-powered forklifts and other heavy-duty warehouse equipment.
While Plug Power has focused on the hydrogen ecosystem, the company sees a massive opportunity in data centers ahead. It offers proton exchange membrane (PEM) fuel cells, which could provide zero-emission backup power. The company has its GenSure HP Platforms, which scale from 500 kilowatts to 1.5 megawatts and could be combined to support large data centers.
While the opportunity exists, the biggest issue right now is that its PEM fuel cells run on pure hydrogen. To get around this bottleneck, Plug must pair its fuel cells with electrolyzers, enabling data centers and other industrial operators to generate hydrogen on-site. Without these on-site electrolyzers, Plug Power faces an uphill battle, as the hydrogen fuel supply chain is still far from established.
Image source: Plug Power.
Plug Power needs to prove itself Bloom Energy stock has surged as the company has grown into a serious player in providing energy to hyperscalers. The company demonstrated the timeliness of its technology last year when it delivered an operational fuel cell system to Oracle in just 55 days, well ahead of the 90-day commitment. Bloom Energy is also ramping up its manufacturing capacity to meet this growing demand.
For Plug Power to accomplish this, it needs to secure hyperscaler customers for both its fuel cells and electrolyzers to effectively utilize hydrogen power. Because the hydrogen fuel supply chain isn't built out, on-site electrolyzers are a must for Plug Power. That said, the company has posted a net loss every single year since going public in 1999. Investors are best off waiting to see if it can secure binding deals with hyperscalers before buying the stock.
Courtney Carlsen has positions in Bloom Energy and Oracle. The Motley Fool has positions in and recommends Amazon, Bloom Energy, Brookfield Asset Management, Oracle, and Walmart. The Motley Fool has a disclosure policy.
New York, New York--(Newsfile Corp. - June 3, 2026) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Plug Power Inc. (NASDAQ: PLUG) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Plug Power caused the company to misrepresent or fail to disclose that: (i) the likelihood that funds attributed to the DOE Loan would ultimately become available to Plug Power was materially overstated, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds was also materially overstated; (ii) as such, Plug Power was likely to pivot toward more modest projects with less commercial upside.
SLINGERLANDS, N.Y., June 04, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, invites investors and the general public to listen to a webcast of its annual meeting of shareholders on Thursday, June 11, 2026, at 10:00 a.m. Eastern Time.
Plug Power (PLUG - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this alternative energy company have returned +11.5% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Electronics - Miscellaneous Products industry, to which Plug Power belongs, has gained 21.4% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Plug Power is expected to post a loss of $0.08 per share, indicating a change of +50% from the year-ago quarter. The Zacks Consensus Estimate has changed +5.8% over the last 30 days.
The consensus earnings estimate of -$0.33 for the current fiscal year indicates a year-over-year change of +76.8%. This estimate has changed +12.4% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $0.15 indicates a change of +52.3% from what Plug Power is expected to report a year ago. Over the past month, the estimate has changed -12.5%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Plug Power.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Plug Power, the consensus sales estimate for the current quarter of $173.03 million indicates a year-over-year change of -0.5%. For the current and next fiscal years, $811.37 million and $978.27 million estimates indicate +14.3% and +20.6% changes, respectively.
Last Reported Results and Surprise HistoryPlug Power reported revenues of $163.51 million in the last reported quarter, representing a year-over-year change of +22.3%. EPS of -$0.08 for the same period compares with -$0.21 a year ago.
Compared to the Zacks Consensus Estimate of $142.52 million, the reported revenues represent a surprise of +14.73%. The EPS surprise was +11.11%.
Over the last four quarters, Plug Power surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Plug Power is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Plug Power. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
NEW YORK, June 04, 2026 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Plug Power Inc. (NASDAQ: PLUG) breached their fiduciary duties to shareholders.
According to a federal securities lawsuit, Insiders at Plug Power caused the company to misrepresent or fail to disclose that: (i) the likelihood that funds attributed to the DOE Loan would ultimately become available to Plug Power was materially overstated, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds was also materially overstated; (ii) as such, Plug Power was likely to pivot toward more modest projects with less commercial upside.
If you currently own PLUG and purchased prior to January 17, 2025 please contact Justin Kuehn, Esq. by email at [email protected] or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
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As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™
Plug Power Inc (NASDAQ:PLUG) shares are trading lower during Friday's premarket session as traders weigh the company's latest liquidity-focused tax credit sale.
Plug Power's margins are improving, and it expects to become a profitable company by 2028. However, the company faces an uphill task on several fronts.
Plug Power stock has slumped sharply in the past few days, moving from a high of $4.33 on June 2nd to the current $2.91. It has slumped to its lowest point since April 20th, with the market capitalization falling from over $5.7 billion to $4 billion today.
Plug Power stock is taking a breather. Where are PLUG shares going? What Is Driving Plug Power’s Liquidity Strategy?Plug disclosed the sale of a federal investment tax credit worth about $39.2 million tied to its St. Gabriel hydrogen liquefaction facility in Louisiana, a move aimed at strengthening liquidity after another $30 million ITC transfer completed in January 2025 for its Woodbine, Georgia hydrogen project.
Investors are weighing this liquidity drive against Plug's recent operational momentum, highlighted by a $194 million Q4 revenue beat over $190 million estimates and a 23% jump to $163 million in Q1. With shares hovering near $2.80 premarket, traders are monitoring whether these balance-sheet maneuvers can sustain the stock’s recovery narrative.
Critical Price Levels To Watch For PLUGEven with the liquidity headline, the chart is still in "prove it" mode near-term: at $2.85, Plug is trading 20.6% below its 20-day SMA ($3.58) and 12.6% below its 50-day SMA ($3.25), which keeps overhead supply in play on rebounds. The longer-term structure looks steadier, with shares 5.3% above the 100-day SMA ($2.70) and 11.8% above the 200-day SMA ($2.54).
MACD is the cleaner momentum read right now, and it's below its signal line with a negative histogram, which points to cooling upside pressure unless buyers can reclaim that baseline. In plain terms, MACD compares two moving averages, and when it sits below the signal line it often means momentum is fading versus the prior upswing.
The moving-average stack still has some longer-term positives: the 20-day SMA remains above the 50-day SMA, and the golden cross from September 2025 (50-day above 200-day) is still intact. But the stock is also well off its $4.58 52-week high, so bulls generally want to see price start reclaiming mid-term averages to argue the next leg higher is underway.
Key Resistance: $3.22 — a nearby overhead level aligned with the 50-day SMA that can cap rebounds Key Support: $2.53 — the 200-day SMA, often treated as a "line in the sand" for longer-term trend structure How Plug Power Builds Its Green Hydrogen EcosystemPlug Power is building an end-to-end green hydrogen ecosystem, spanning production, storage and delivery through to energy generation. The company's plan centers on building and operating green hydrogen highways across North America and Europe.
That strategy is capital-intensive, which is why liquidity actions like monetizing tax credits can move the stock quickly, investors tend to focus on how Plug funds buildouts while keeping the balance sheet flexible. Plug also sells into multiple end markets (material handling, e-mobility, power generation and industrial applications), so execution and financing cadence often matter as much as demand headlines.
PLUG Stock Price Movement in Premarket TradingPLUG Stock Price Activity: Plug Power shares were trading at $2.82 during premarket session on Friday, according to Benzinga Pro data.
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Beyond analysts' top-and-bottom-line estimates for Viatris (VTRS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2026.
Delivers Total Revenues of $3.5 Billion, Representing 8% Reported Growth Compared to First Quarter 2025, and U.S. GAAP Net Earnings of $176 Million Total Revenues Were Up 3% Operationally Compared to First Quarter 2025 Adjusted EBITDA was $1.0 Billion Up 10% Operationally Compared to First Quarter 2025, Demonstrating Solid Operating Leverage Progresses Key Launches and Pipeline Milestones Across Multiple Products, Including the Launch of Effexor® for Generalized Anxiety Disorder in Japan Continues to Expect More Than $2.5 Billion of Cash Available for Deployment in 2026 Reaffirms 2026 Financial Guidance [1] PITTSBURGH, May 7, 2026 /PRNewswire/ -- Viatris Inc. (Nasdaq: VTRS) today announced its first-quarter 2026 financial results. Executive Commentary "We delivered a strong first quarter, reflecting disciplined execution across our global businesses," said Scott A.
Viatris (VTRS - Free Report) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.5 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +13.46%. A quarter ago, it was expected that this generic drugmaker would post earnings of $0.52 per share when it actually produced earnings of $0.57, delivering a surprise of +9.62%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Viatris, which belongs to the Zacks Medical Services industry, posted revenues of $3.52 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.84%. This compares to year-ago revenues of $3.25 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Viatris shares have added about 28.1% since the beginning of the year versus the S&P 500's gain of 7.6%.
What's Next for Viatris?While Viatris has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Viatris was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.62 on $3.65 billion in revenues for the coming quarter and $2.44 on $14.56 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Shoulder Innovations, Inc. (SI - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 13.
This company is expected to post quarterly loss of $0.44 per share in its upcoming report, which represents a year-over-year change of +99.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Shoulder Innovations, Inc.'s revenues are expected to be $14.35 million, up 41.7% from the year-ago quarter.
While the top- and bottom-line numbers for Viatris (VTRS) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CompaniesMay 7 (Reuters) - Viatris (VTRS.O), opens new tab topped analysts' estimates for first-quarter revenue and profit on Thursday, buoyed by strength in its China business and strong demand for branded drugs.
Shares of the company were up over 3% in afternoon trading following the results.
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The drugmaker has been under pressure from manufacturing issues and generic-drug competition, prompting investors to watch whether its base business and new launches can support steadier growth this year.
Viatris posted quarterly adjusted profit of 59 cents per share, beating analysts' average estimate of 50 cents, according to LSEG data. Revenue rose 8% to $3.52 billion from a year ago, above estimates of $3.36 billion.
Revenue from its Greater China business rose 22% to $680.1 million, beating expectations of $547.7 million.
The company expects mid- to high-single-digit growth in China this year, up from its earlier forecast of low-single-digit, interim CFO Paul Campbell said on a call with analysts.
First-quarter revenue from its branded medicines, including cholesterol drug Lipitor and blood-pressure treatment Norvasc, rose 10% to $2.33 billion, helped by strong growth in China and emerging markets such as Eastern Europe and Latin America.
Viatris' stable base business, potential launch of fast-acting pain drug meloxicam and upcoming data for heart and immunology candidates selatogrel and cenerimod are driving investor interest, J.P. Morgan analyst Chris Schott said.
The company reaffirmed its 2026 adjusted profit forecast of $2.33 to $2.47 per share.
Despite the strong quarter, the management said it was too early to raise full-year forecast and that it would reassess trends after the second quarter.
Generic drug sales rose 5% to $1.18 billion during the first quarter.
Viatris expects the entry of generic GLP-1 weight-loss drugs by the end of the decade to be a longer-term growth driver.
"We have developed a significant strategy for GLP-1s and will be supplying a significant part of that market with an hyper focus on the U.S. going forward," Chief R&D Officer Philippe Martin said.
Reporting by Kunal Das in Bengaluru; Editing by Shilpi Majumdar and Shreya Biswas
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Viatris Inc. (Nasdaq: VTRS), a global healthcare company, today announced that the Company will present at the Bank of America Securities 2026 Healthcare Conference on Tuesday, May 12, 2026, at 8 a.m. PT / 11 a.m. ET.
Investors and the general public are invited to listen to the live webcast of the event at investor.viatris.com. An archived version of the presentation will be available following the live event and can be accessed at the same location for a limited time.
About Viatris
Viatris Inc. (Nasdaq: VTRS) is a global healthcare company whose mission is to empower people worldwide to live healthier at every stage of life. We meet the needs of patients around the world by acting decisively with ingenuity and resolve. Whether we're developing new medicines, working to maintain a resilient supply of needed therapies, or pursuing bold innovation, we strive to deliver solutions that are effective at scale and built to endure. We're purpose-built to make an impact with a dynamic portfolio that spans generics, established brands and innovative medicines that address areas of significant unmet need. We are headquartered in the U.S., with global centers in Pittsburgh, Shanghai, China, and Hyderabad, India. Learn more at viatris.com and investor.viatris.com, and connect with us on LinkedIn, Instagram, YouTube and X.
