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, /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the 2026 Morgan Stanley US Financials Conference on Tuesday, June 9, 2026. Zach Wasserman, chief financial officer, and Brant Standridge, president of Consumer and Regional Banking, are scheduled to present to analysts and investors at 7:30 AM (Eastern Time). They will discuss business trends, financial performance, and strategic initiatives. The presentation will include forward-looking statements.

Webcast Information

Interested investors may access the live audio webcast in the investor relations section of Huntington's website (www.huntington-ir.com). A replay of the webcast will be archived on the website.

About Huntington

Huntington Bancshares Incorporated is a $285 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates over 1,400 branches in 21 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

SOURCE Huntington Bancshares Incorporated

For years, payment infrastructure was treated as plumbing: necessary and expensive. But increasingly, financial institutions are approaching it differently, weighing payment architecture as part of liquidity planning, operational continuity and client acquisition.

That context provides the backdrop for Huntington Bank joining CHIPS, The Clearing House’s high-value payments network.

Richard Dzina, senior vice president of core product management at The Clearing House, told PYMNTS that the move reflects more than an expansion of network participation and may signal how institutions are reassessing wholesale payment capabilities after several years spent absorbing industry-wide modernization work.

Why High-Value Payments Are Becoming a Strategy Decision “There was a bit of a hiatus with respect to new participants joining CHIPS during the industry migration to ISO 20022,” Dzina said. “That is now starting to get realized, and I would suggest Huntington is in the leading wave of an emerging trend with respect to more adds to the CHIPS network.”

His explanation centered on two themes: resiliency and liquidity.

Infrastructure, Liquidity and Resiliency Dzina countered the idea that financial institutions should think about CHIPS and Fedwire as competing choices.

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“It’s appropriate to think of conceptually the U.S. high-value market, Fedwire Funds and CHIPS as compliments to each other,” he said.

One benefit is continuity. If one operator experiences disruption, the other remains available to support critical wholesale payment activity.

He connected that directly to growing industry concern about resilience planning.

That interest arrives as commercial clients increasingly expect reliability to extend beyond uptime. Treasury teams want confidence that high-value transactions continue to move even under stressed operating conditions.

“One can conceptualize CHIPS as the liquidity savings engine for the U.S. financial system,” Dzina said.

Liquidity Savings Become More Than an Efficiency Story Dzina drew a distinction between gross settlement and liquidity-saving mechanisms.

“CHIPS relies upon a very sophisticated liquidity savings mechanism, an algorithm that has been honed and refined over 50 years, that continually matches, offsets, nets activity across the network such that only the net transfers settle with finality intraday, not the gross,” he said.

Dzina said CHIPS settles more than $2 trillion in value daily while requiring approximately $70 billion in funding support, creating roughly 26-to-1 liquidity efficiency. He linked that advantage to the present environment of elevated rates, quantitative tightening and heightened competition for reserves.

He also tied liquidity management directly to resiliency.

“The median settlement on CHIPS is about 8 a.m.,” he said. “The median settlement of activity on Fedwire is about 1 p.m.”

Earlier settlement allows institutions and their customers to recycle liquidity earlier and lowers exposure if a participant or network disruption occurs later in the operating cycle.

Network Participation and New Markets Dzina also discussed the advantages.

“It is not merely a win for the new participant,” he said. “It’s also very advantageous for the network at large. The more volume and value you throw at the network, the better the algorithm performs because there’s more opportunities for matches and offset.”

The network effect becomes relevant as banks pursue larger commercial opportunities and more sophisticated payment requirements.

“A competitive dynamic is starting to emerge among our participants with respect to a race of who can deliver more enhanced services, enhanced analytics, building upon the enriched ISO format,” Dzina said.

Richer data structures may allow institutions to differentiate through information and service design rather than speed alone.

Dzina also pointed to extended operating hours as the next significant development.

Expanded availability would strengthen access to off-hours and cross-border use cases, improve reach into markets including the Middle East, and create opportunities tied to global supply chains and new settlement patterns, he said.

“We very much want to be a first mover with extended operating hours, just as we were a first mover with ISO,” he said.

Ultimately, Dzina framed the issue in terms of system economics.

“The volume and value committed to the network supports the efficiency of the U.S. payment system and equally supports the dollar as a global reserve and settlement currency,” he told PYMNTS.

On June 04, 2026, Huntington Bancshares Inc (HBAN) shares rose 3.8% today, bringing the current price to $16.53. The stock is trading within its 52-week range,

Key Takeaways Huntington expects up to $500M in cost savings and revenue synergies from Texas deals by 2026.HBAN has achieved Veritex cost-saving targets and sees a path to $365M in Cadence savings.Huntington projects $500M in revenue synergies by 2028 and reaffirmed the 2027 earnings targets. Huntington Bancshares Incorporated’s (HBAN - Free Report) strategic expansion in Texas is gaining momentum, supported by targeted acquisitions, geographic diversification and deeper penetration into high-growth markets.

The bank began reinforcing its Texas strategy in March 2024, when it announced plans to expand its commercial banking operations in the state, following its earlier footprint extension in the Dallas-Fort Worth area. The strategy accelerated in October 2025 with the acquisition of Veritex Holdings, which expanded Huntington’s presence in Dallas-Fort Worth and Houston. In February 2026, the company strengthened its position by completing its merger with Cadence Bank, significantly increasing its scale across Texas and the broader southern United States. 

At the Morgan Stanley financial services conference held yesterday, Huntington’s management highlighted the strong early returns from its Texas expansion strategy. The company pointed to meaningful earnings upside from recent acquisitions, cost-saving opportunities and integration efforts.

Management expects to generate up to $500 million in combined cost savings and revenue synergies by the end of 2026, driven primarily by the Veritex and Cadence transactions. These acquisitions have strengthened Huntington’s presence in attractive Texas markets, including Dallas-Fort Worth and Houston, while also expanding its reach across the South.

Management emphasized that the Texas strategy is not merely about adding scale. The focus is also on improving profitability through operating efficiencies, customer growth and cross-selling opportunities. The upcoming Cadence systems conversion will reach a milestone, as it will bring acquired customers and employees onto Huntington’s common operating platform. This is expected to accelerate integration benefits and support stronger customer engagement.

Huntington has already achieved $70 million in cost savings targeted from the Veritex transaction. The company also sees a clear path to realizing $365 million in expense savings from the Cadence deal. These synergies are expected to contribute meaningfully to earnings growth over the next two years. Huntington expects to generate $500 million in revenue synergies from the two Texas deals by the end of 2028, including $50-$75 million in 2026.

Management also reaffirmed its longer-term financial targets, including projected earnings per share of $1.90-$1.93 in 2027 and a return on tangible common equity of 18-19%. This would mark a solid improvement from 2025, when Huntington reported earnings of $1.39 per share and a return on tangible common equity of 15.7%.

Other Banks Expanding in Texas MarketHuntington is not the only regional bank strengthening its Texas presence. In January 2026, Prosperity Bancshares, Inc. (PB - Free Report) completed its previously announced acquisition of American Bank Holding Corporation and its wholly owned subsidiary, American Bank.

With American Bank’s 18 full-service branches and two loan production offices across South and Central Texas, the acquisition significantly enhances Prosperity’s competitive position in several high-growth Texas markets.

Fifth Third Bancorp (FITB - Free Report) is also expanding aggressively in Texas. In February 2026, Fifth Third acquired Comerica, a transaction that broadened its reach across key markets in the Southeast, Texas and California, while reinforcing its leadership position in the Midwest.

Fifth Third’s management is now integrating the platform on an accelerated timeline and remains on track to achieve $360 million in net cost savings in 2026 and an $850-million annual run rate by the fourth quarter of 2026.

HBAN’s Price Performance & Zacks RankOver the six months, shares of Huntington have declined 6% compared with the industry’s fall of 4.1%.

Image Source: Zacks Investment Research

HBAN currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Stride (LRN) offers alternative K-12 and career-focused online education, targeting enrollment growth as its main revenue driver. LRN's competitive edge is scale, but customer satisfaction issues and enrollment legitimacy risks threaten long-term sustainability. Flat 2026 revenue growth guidance (5%) and a fair value estimate of $87 align with the current $84 stock price.

Key Takeaways LRN has jumped 38.7% in 2026, outperforming a declining S&P 500 over the same period.INNV surged 34.5% after a Zacks Recommendation upgrade to Outperform in early February.PEP gained 13% in 12 weeks, supported by its inclusion in the ECAP portfolio. Last Friday, all three Wall Street benchmark stock indexes registered a week of gains. The tech-focused Nasdaq, the S&P 500 and the Dow Jones Industrial Average gained 4.4%, 3.4% and 3%, respectively.

The rebound was supported by easing concerns around inflation and interest rates, as investors took comfort from steady messaging by Jerome Powell and expectations that the Fed would avoid aggressive tightening. Cooling bond yields and stable economic data, including resilient jobs and consumer spending trends, improved risk appetite and encouraged investors to move back into equities after recent weakness.

At the same time, the ongoing Iran war played a complex role. While the conflict drove sharp spikes in oil prices due to disruptions in the Strait of Hormuz, markets partly rebounded as investors assessed that the economic impact, though serious, may remain contained in the near term. Tech stocks led gains, with dip-buying and optimism around corporate outlooks lifting sentiment, even as geopolitical risks and energy-driven inflation concerns lingered in the background.

Regardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market. 

As usual, Zacks Research guided investors over the past three months with its time-tested methodologies. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action.

Here are some of our key achievements:

Century Aluminum and Teradyne Surge Following Zacks Rank UpgradeShares of Century Aluminum Company (CENX - Free Report) have gained 23.9% (versus the S&P 500’s 4.9% decrease) since it was upgraded to a Zacks Rank #1 (Strong Buy) on February 4.

Another stock, Teradyne, Inc. (TER - Free Report) , which was also upgraded to a Zacks Rank #1 on February 4, has returned 9.4% since then.

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Check Teradyne’s historical EPS and Sales here>>>

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Zacks Recommendation Upgrades InnovAge and Teekay TankersShares of InnovAge Holding Corp. (INNV - Free Report) and Teekay Tankers Ltd. (TNK - Free Report) have surged 34.5% and 18.2% (versus the S&P 500’s 4.9% fall), respectively, since their Zacks Recommendation was upgraded to Outperform on February 4.

While the Zacks Rank is our short-term rating system that is most effective over the one- to three-month holding horizon, the Zacks Recommendation aims to predict performance over the next 6 to 12 months. However, just like the Zacks Rank, the foundation for the Zacks Recommendation is trends in earnings estimate revisions.

The Zacks Recommendation classifies stocks into three groups — Outperform, Neutral and Underperform. While these recommendations are determined quantitatively, our analysts have the flexibility to override them for the 1100+ stocks they closely follow based on their better judgment of factors such as valuation, industry conditions and management effectiveness than the quantitative model.

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Zacks Focus List Stocks Celanese, Quanta Services Shoot UpShares of Celanese Corporation (CE - Free Report) , which belongs to the Zacks Focus List, have gained 44% over the past 12 weeks. The stock was added to the Focus List on December 5, 2016. Another Focus-List holding, Quanta Services, Inc. (PWR - Free Report) , which was added to the portfolio on December 23, 2021, has returned 27.9% over the past 12 weeks. The S&P 500 has declined 5.2% over this period. 

The 50-stock Focus List portfolio returned +6.65% in 2026 (through February 28th) vs. +0.68% for the S&P 500 index and +7.06% for the equal-weight version of the index.

The portfolio returned +22.1% in 2025 vs. +17.9% for the S&P 500 index and +11.4% for the equal-weight version of the index.

The Zacks Focus List portfolio returned +18.41% in 2024 vs. +25.04% for the S&P 500 index and +13% for the equal-weight S&P 500 index. The portfolio had returned +29.54% in 2023 vs. +26.28% for the S&P 500 index and +13.61% for the equal-weight S&P 500 index. In 2022, the portfolio returned -15.2% vs. the S&P 500 index’s -17.96%.

Through February 28th, 2026, the portfolio’s rolling returns on a one-year, three-year, five-year, ten-year, and since 2004 have been +29.35% (vs. +17% for the S&P 500 index), +23.13% (vs. +21.81%), +14.15% (vs. +14.19%), +16.79% (vs. +15.50%) and +12.38% vs. (+10.66%), respectively.

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Zacks ECAP Stocks PepsiCo & Walmart Gain SignificantlyPepsiCo, Inc. (PEP - Free Report) , a component of our Earnings Certain Admiral Portfolio (ECAP), has jumped 13% over the past 12 weeks. Walmart Inc. (WMT - Free Report) followed PepsiCo with 10% returns.

The Zacks Earnings Certain Admiral Portfolio (ECAP), which consists of 30 concentrated, ultra-defensive, long-term Buy-and-Hold stocks, returned -2.3% in the fourth quarter of 2025 vs. the S&P 500 index’s +2.7% gain (SPY ETF). For 2025 as a whole, the portfolio returned -1.67% vs. +17.9% gain for the S&P 500 index.

For the year 2024, the portfolio returned +16.26% vs. +24.89% for the S&P 500 index (SPY ETF). In 2023, the portfolio returned +12.17% vs. +26.28% for the S&P 500 index. The portfolio returned -4.7% in 2022 vs. the S&P 500 index’s -17.96%.

With little to no turnover and annual rebalance periodicity, ECAP seeks to minimize capital loss by holding shares of companies whose earnings streams exhibit a proven 20+ year track record of surviving recessionary periods with minimal impact on aggregate earnings growth relative to the overall S&P 500.

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Zacks ECDP Stocks Hershey’s and Coca-Cola Outperform PeersThe Hershey Company (HSY - Free Report) , which is part of our Earnings Certain Dividend Portfolio (ECDP), has returned 15% over the past 12 weeks. Another ECDP stock, The Coca-Cola Company (KO - Free Report) , has climbed 13.1% over the same time frame. Of course, the inclination of investors toward quality dividend stocks to secure an income stream amid heightened market volatility contributed to this performance.

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With an extremely low beta and a history of minimum earnings variability over the last 20+ years, this 25-stock portfolio helps significantly mitigate risk.

The Zacks Earnings Certain Dividend Portfolio (ECDP) returned -2.1% in 2025 Q4 vs. the S&P 500 index’s +2.7% gain and the Dividend Aristocrats ETF’s (NOBL) +1.6% return. For 2025, the portfolio returned -0.6% vs. +6.8% gain for the Dividend Aristocrat ETF.

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The portfolio returned -0.9% in 2023 vs. +26.28% for the S&P 500 index and +8.11% for NOBL. The portfolio returned -2.3% in 2022 vs. -17.96% for the S&P 500 index and -8.34% for NOBL.

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Zacks Top 10 Stock Stride Delivers Solid ReturnsStride, Inc. (LRN - Free Report) , from the Zacks Top 10 Stocks for 2025, has jumped 38.7% since January 5, 2026, against the S&P 500 Index’s 4% decrease.

The Top 10 portfolio retuned +10.5% in 2026 (through February 28th) vs. +0.5% for the S&P 500 index and +6.3% for the equal-weight version of the index.

The Top 10 portfolio returned +22.6% in 2025 vs. +17.9% for the S&P 500 index and +11.4% for the equal-weight version of the index.

The Top 10 portfolio returned +62.98% in 2024, vs. +25.04% for the S&P 500 index and +13% for the equal-weight version of the index. The portfolio had returned +25.15% in 2023 vs. +26.28% for the S&P 500 index.

Through the end of February 2026, the Top 10 portfolio has produced a cumulative return of +2,761.6% since 2012 vs. +564.8% for the S&P 500 index and +435% for the equal-weight version of the index. The portfolio has produced an average annual return of +26.4% in the period 2012 through February 28th, 2026 vs. +13% for the S&P 500 index and +11% for the equal-weight version of the index.

RESTON, Va., April 14, 2026 (GLOBE NEWSWIRE) -- Stride Inc. (NYSE: LRN) announced today it plans to discuss its third quarter fiscal year 2026 financial results during a conference call scheduled for Tuesday, April 28, 2026 at 5:00 p.m. eastern time (ET).

A live webcast of the call will be available at investors.stridelearning.com/events-and-presentations. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call.

A replay of the call will be posted at investors.stridelearning.com/events-and-presentations as soon as it is available.

About Stride Inc.

Stride Inc. (NYSE: LRN) is redefining lifelong learning with innovative, high-quality education solutions. Serving learners in primary, secondary, and postsecondary settings, Stride provides a wide range of services including K-12 education, career learning, professional skills training, and talent development. Stride reaches learners in all 50 states and over 100 countries. Learn more at stridelearning.com.

Investor Contact
Investor Relations
Stride, Inc.
[email protected]

RESTON, Va., April 28, 2026 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN), one of the nation’s most successful technology-based education companies, today announced its results for the third quarter of fiscal year 2026 ended March 31, 2026.

Third Quarter Fiscal 2026 Highlights Compared to 2025

Revenue of $629.9 million, compared with $613.4 millionIncome from operations of $129.1 million, compared with $130.8 millionNet income of $88.5 million, compared with $99.3 millionDiluted net income per share of $1.93, compared with $2.02Adjusted operating income of $140.4 million, compared with $141.7 million (1)Adjusted EBITDA of $171.3 million, compared with $168.3 million (1)Adjusted earnings per share of $2.30, compared with $2.33 (1)
Third Quarter Fiscal 2026 Summary Financial Metrics

 Three Months Ended March 31, Change 2026/2025 2026 2025 $ % (In thousands, except percentages and per share data)Revenues$629,873 $613,376 $16,497 2.7%           Income from operations 129,080  130,786  (1,706) (1.3%)Adjusted operating income (1) 140,424  141,744  (1,320) (0.9%)           Net income 88,527  99,346  (10,819) (10.9%)Net income per share, diluted 1.93  2.02  (0.09) (4.5%)Adjusted earnings per share (1) 2.30  2.33  (0.03) (1.3%)           EBITDA (1) 161,676  159,727  1,949 1.2%Adjusted EBITDA (1) 171,250  168,275  2,975 1.8% (1)  To supplement our financial statements presented in accordance with U.S. generally accepted accounting principles (GAAP), we also present non-GAAP financial measures including adjusted operating income (loss), EBITDA, adjusted EBITDA, and adjusted earnings per share. Management believes that these additional measures provide useful information to investors relating to our financial performance. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is provided below.

Nine Month Fiscal 2026 Highlights Compared to 2025

Revenue of $1,882.0 million, compared with $1,751.7 millionIncome from operations of $344.9 million, compared with $303.2 millionNet income of $256.8 million, compared with $236.6 millionDiluted net income per share of $5.39, compared with $4.95Adjusted operating income of $380.6 million, compared with $335.7 million (1)Adjusted EBITDA of $467.8 million, compared with $412.6 million (1)Adjusted earnings per share of $6.22, compared with $5.83 (1)
Nine Month Fiscal 2026 Summary Financial Metrics

 Nine Months Ended March 31, Change 2026/2025 2026 2025 $ % (In thousands, except percentages and per share data)Revenues$1,882,017 $1,751,670 $130,347 7.4%           Income from operations 344,915  303,229  41,686 13.7%Adjusted operating income (1) 380,559  335,673  44,886 13.4%           Net income 256,804  236,621  20,183 8.5%Net income per share, diluted 5.39  4.95  0.44 8.9%Adjusted earnings per share (1) 6.22  5.83  0.39 6.7%           EBITDA (1) 437,698  387,699  49,999 12.9%Adjusted EBITDA (1) 467,761  412,621  55,140 13.4% Revenue Data

 Three Months Ended      Nine Months Ended      March 31, Change 2026 / 2025 March 31, Change 2026 / 2025 2026 2025 $ % 2026  2025 $ % (In thousands, except percentages)                      General Education$357,463 $370,821 $(13,358) (3.6%) $1,061,976 $1,054,542 $7,434  0.7%Career Learning                     Middle - High School 259,520  223,868  35,652  15.9%  776,610  635,832  140,778  22.1%Adult 12,890  18,687  (5,797) (31.0%)  43,431  61,296  (17,865) (29.1%)Total Career Learning 272,410  242,555  29,855  12.3%  820,041  697,128  122,913  17.6%Total Revenues$629,873 $613,376 $16,497  2.7% $1,882,017 $1,751,670 $130,347  7.4%                       Enrollment and Revenue Per Enrollment Data

Third quarter enrollments were 244.5K, up 1.8% compared to 240.2K enrollments in the third quarter of fiscal year 2025. Of the total enrollments, 110.1K were Career Learning enrollments, up 11.6% compared to 98.7K Career Learning enrollments in the third quarter of fiscal 2025.

Enrollments only include those students in full service public or private programs where Stride provides a combination of curriculum, technology, and instructional and support services, inclusive of administrative support and may include enrollments for which Stride receives no public funding or revenue. Stride does not report enrollments for our Adult Learning business.

Revenue per enrollment for the third quarter was $2,485, up 2.9% compared to $2,415 in the third quarter of fiscal year 2025. General Education revenue per enrollment was $2,590, up 2.9% compared to the third quarter of fiscal year 2025, and Career Learning revenue per enrollment was $2,356, up 3.8%, compared to the third quarter of fiscal year 2025.

Cash Flow and Capital Allocation

As of March 31, 2026, the Company’s cash and cash equivalents and marketable securities totaled $856.0 million, compared with $1,011.4 million reported at June 30, 2025.

Capital expenditures for the three months ended March 31, 2026 were $18.5 million, compared to $15.8 million in the three months ended March 31, 2025, and were comprised of $0.5 million of property and equipment, $12.8 million of capitalized software development and $5.2 million of capitalized curriculum development.

Fiscal Year 2026 Outlook

The Company is narrowing its revenue, adjusted income, and capital expenditures forecast for the full fiscal year 2026:

Revenue in the range of $2.490 billion to $2.520 billion.Capital expenditures in the range of $75 million to $80 million. Note that capital expenditures include the purchase of property and equipment, and capitalized software and curriculum development costs as defined on our Statement of Cash Flows.Effective tax rate of 24% to 25%.Adjusted operating income in the range of $490 million to $500 million. (1) (1) In addition to providing an outlook for revenue and capital expenditures, adjusted operating income is provided as a supplemental non-GAAP financial measure as management believes that it provides useful information to our investors. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is provided below. Please also see Special Note on Forward-Looking Statements below.

Conference Call

The Company will discuss its third quarter of fiscal year 2026 financial results during a conference call scheduled for Tuesday, April 28, 2026 at 5:00 p.m. eastern time (ET).

A live webcast of the call will be available at investors.stridelearning.com/events-and-presentations. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call.

A replay of the call will be posted at investors.stridelearning.com/events-and-presentations.

About Stride Inc.

Stride Inc. (NYSE: LRN) is redefining lifelong learning with innovative, high-quality education solutions. Serving learners in primary, secondary, and postsecondary settings, Stride provides a wide range of services including K-12 education, career learning, professional skills training, and talent development. Stride reaches learners in all 50 states and over 100 countries. Learn more at stridelearning.com.

Special Note on Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release are forward-looking statements, including FY 2026 outlook. We have tried, whenever possible, to identify these forward-looking statements using words such as “outlook,” “forecasts,” “anticipates,” “believes,” “estimates,” “continues,” “likely,” “may,” “opportunity,” “potential,” “projects,” “will,” “will be,” “expects,” “plans,” “intends,” “should,” “would” and similar expressions to identify forward-looking statements, whether in the negative or the affirmative. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These risks, uncertainties, factors and contingencies include, but are not limited to: reduction of per pupil funding amounts at the schools we serve; inability to achieve a sufficient level of new enrollments to sustain our business model or meet guidance; limitations of the enrollment data we present, which may not fully capture trends in the performance of our business; failure to enter into new school contracts or renew existing contracts, in part or in their entirety; failure of the schools we serve, our vendors, or us to comply with our contracts, or federal, state and local laws and regulations, resulting in a loss of funding, an obligation to repay funds previously received, contractual remedies, or actions or proceedings against us; governmental investigations that could result in fines, penalties, settlements, or injunctive relief; declines or variations in academic performance outcomes of the students and schools we serve, including due to the evolution of curriculum standards, testing programs and state accountability metrics; harm to our reputation resulting from poor performance or misconduct by operators or us in any school in our industry and/or in any school which we operate; legal and regulatory challenges from opponents of virtual public education or for-profit education companies; changes in national and local economic and business conditions and other factors, such as natural disasters, pandemics and outbreaks of contagious diseases and other adverse public health developments; discrepancies in interpretation of legislation by regulatory agencies that may lead to payment or funding disputes; termination of our contracts, or a reduction or termination in the scope of services, with schools; failure to develop the Career Learning business; entry of new competitors with superior technologies (including artificial intelligence) and lower prices; unsuccessful integration of mergers, acquisitions and joint ventures; failure to further develop, maintain and enhance our technology, products, services and brands; inadequate recruiting, training and retention of effective teachers and employees; infringement of our intellectual property; disruptions to our Internet-based learning and delivery systems, including, but not limited to, our data storage systems and third-party cloud systems and facilities, resulting from cybersecurity attacks; misuse or unauthorized disclosure of student and personal data; failure to prevent or mitigate a cybersecurity incident that affects our systems; problems in the implementation of new IT systems and technology; failure by us or third parties to maintain and support information technology systems, including addressing quality issues and timely delivering new products and enhancements; risks related to artificial intelligence; and other risks and uncertainties associated with our business described in the risk factors discussed in the Company’s Annual Report on Form 10-K for the year ended June 30, 2025 and any subsequently filed Quarterly Reports on Form 10-Q or the Company’s other filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this press release is as of today’s date, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations.

Financial Statements

The financial statements set forth below are not the complete set of Stride, Inc.’s financial statements for the three and nine months ended March 31, 2026 and are presented below without footnotes. Readers are encouraged to obtain and carefully review Stride Inc.’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, including all financial statements contained therein and the footnotes thereto, filed with the SEC, which may be retrieved from the SEC’s website at www.sec.gov or from Stride Inc.’s Investor Relations website at investors.stridelearning.com.

STRIDE, INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
     Three Months Ended Nine Months Ended March 31, March 31, 2026
 2025
 2026
 2025
 (In thousands except share and per share data)Revenues$629,873  $613,376  $1,882,017  $1,751,670 Instructional costs and services 398,308   364,086   1,148,699   1,046,670 Gross margin 231,565   249,290   733,318   705,000 Selling, general, and administrative expenses 102,485   118,504   388,403   401,771 Income from operations 129,080   130,786   344,915   303,229 Interest expense, net (3,001)  (2,787)  (8,889)  (7,810)Other income (expense), net (5,338)  7,360   811   23,469 Income before income taxes and loss from equity method investments 120,741   135,359   336,837   318,888 Income tax expense (31,545)  (35,450)  (79,934)  (80,088)Loss from equity method investments (669)  (563)  (99)  (2,179)Net income attributable to common stockholders$88,527  $99,346  $256,804  $236,621 Net income attributable to common stockholders per share:           Basic$2.09  $2.31  $5.98  $5.50 Diluted$1.93  $2.02  $5.39  $4.95 Weighted average shares used in computing per share amounts:           Basic 42,330,276   43,092,682   42,925,740   42,992,727 Diluted 45,835,843   49,181,728   47,607,602   47,798,923  STRIDE, INC.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS     March 31, June 30, 2026
 2025
   (audited)ASSETS(In thousands except share and per share data)      Current assets     Cash and cash equivalents$614,047  $782,497 Accounts receivable, net of allowance of $33,132 and $31,124 854,874   559,646 Inventories, net 21,501   37,570 Prepaid expenses 64,573   35,579 Marketable securities 191,793   202,769 Other current assets 12,002   14,673 Total current assets 1,758,790   1,632,734 Property and equipment, net 103,281   78,582 Capitalized software, net 82,653   75,314 Capitalized curriculum development costs, net 62,444   58,584 Intangible assets, net 12,646   18,227 Goodwill 246,676   246,676 Deferred tax asset —   26,377 Deposits and other assets 180,446   157,465 Total assets$2,446,936  $2,293,959 LIABILITIES AND STOCKHOLDERS' EQUITY     Current liabilities     Accounts payable$45,090  $43,962 Accrued liabilities 96,775   103,276 Accrued compensation and benefits 60,449   74,939 Deferred revenue 19,118   26,995 Current portion of finance lease liability 58,499   42,316 Current portion of operating lease liability 3,239   11,391 Total current liabilities 283,170   302,879 Long-term finance lease liability 59,297   44,567 Long-term operating lease liability 8,807   35,164 Long-term debt 417,579   416,322 Deferred tax liability 17,503   — Other long-term liabilities 18,655   15,408 Total liabilities 805,011   814,340 Commitments and contingencies     Stockholders’ equity     Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding —   — Common stock, par value $0.0001; 100,000,000 shares authorized; 49,133,813 and 48,852,419 shares issued; and 42,526,280 and 43,517,676 shares outstanding, respectively 4   4 Additional paid-in capital 729,851   735,711 Accumulated other comprehensive loss (59)  (67)Retained earnings 1,103,257   846,453 Treasury stock of 6,607,533 and 5,334,743 shares at cost, respectively (191,128)  (102,482)Total stockholders’ equity 1,641,925   1,479,619 Total liabilities and stockholders' equity$2,446,936  $2,293,959  STRIDE, INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
   Nine Months Ended March 31, 2026
 2025
 (In thousands)Cash flows from operating activities     Net income$256,804  $236,621 Adjustments to reconcile net income to net cash provided by operating activities:     Depreciation and amortization expense 92,783   84,470 Stock-based compensation expense 30,063   24,922 Deferred income taxes 45,622   5,655 Provision for credit losses 10,689   13,357 Amortization of fees on debt 1,257   1,238 Noncash operating lease expense 4,541   9,230 Other 11,877   1,712 Changes in assets and liabilities:     Accounts receivable (305,903)  (240,429)Inventories, prepaid expenses, deposits and other current and long-term assets 11,606   (3,643)Accounts payable 1,249   (528)Accrued liabilities (8,768)  8,463 Accrued compensation and benefits (14,275)  4,149 Operating lease liability (15,950)  (9,583)Deferred revenue and other liabilities (4,632)  (1,142)Net cash provided by operating activities 116,963   134,492 Cash flows from investing activities     Purchase of property and equipment (587)  (1,350)Capitalized software development costs (37,471)  (28,605)Capitalized curriculum development costs (18,156)  (15,451)Other acquisitions, loans and investments, net of distributions (54,342)  (1,681)Proceeds from the maturity of marketable securities 213,886   221,530 Purchases of marketable securities (222,643)  (227,786)Net cash used in investing activities (119,313)  (53,343)Cash flows from financing activities     Repayments on finance lease obligations (41,277)  (29,957)Purchase of treasury stock (88,645)  - Repurchase of restricted stock for income tax withholding (36,178)  (20,672)Net cash used in financing activities (166,100)  (50,629)Net change in cash, cash equivalents and restricted cash (168,450)  30,520 Cash, cash equivalents and restricted cash, beginning of period 782,497   500,614 Cash, cash equivalents and restricted cash, end of period$614,047  $531,134       Reconciliation of cash, cash equivalents and restricted cash to balance sheet as of March 31st:     Cash and cash equivalents$614,047  $528,547 Other current assets (restricted cash) —   476 Deposits and other assets (restricted cash) —   2,111 Total cash, cash equivalents and restricted cash$614,047  $531,134  Non-GAAP Financial Measures

To supplement our financial statements presented in accordance with GAAP, we have presented adjusted operating income (loss), EBITDA, adjusted EBITDA, and adjusted earnings per share, which are not presented in accordance with GAAP.

Adjusted operating income (loss) is defined as income (loss) from operations as adjusted for amortization of intangible assets, stock-based compensation, and other one-time charges or gains.EBITDA is defined as income (loss) from operations as adjusted for depreciation and amortization.Adjusted EBITDA is defined as income (loss) from operations as adjusted for depreciation and amortization, stock-based compensation, and other one-time charges or gains.Adjusted earnings per share (adjusted EPS) is defined as net income (loss) attributable to common stockholders as adjusted for the amortization of intangible assets, stock-based compensation, and other one-time charges or gains net of tax impact divided by the diluted weighted average number of common shares outstanding less the shares expected to be received for the capped call transaction related to Stride’s convertible senior notes. Adjusted operating income (loss), adjusted EBITDA, and adjusted EPS exclude stock-based compensation, which consists of expenses for restricted stock, restricted stock units, and performance stock units.

Management believes that the presentation of these non-GAAP financial measures provides useful information to investors relating to our financial performance. Adjusted operating income (loss), adjusted EBITDA and adjusted EPS remove stock-based compensation, which is a non-cash charge that varies based on market volatility and the terms and conditions of the awards. EBITDA and adjusted EBITDA remove depreciation and amortization, which can vary depending upon accounting methods and the book value of assets. Adjusted operating income (loss), adjusted EBITDA and adjusted earnings per share remove one-time charges or gains which are not related to core operating activities and are not indicative of our ongoing operating performance. Additionally, adjusted EPS includes the impact from shares expected to be received by the Company to offset potential dilution from the convertible senior notes. EBITDA and adjusted EBITDA provide a measure of corporate performance exclusive of capital structure and the method by which assets were acquired.

Management uses these non-GAAP financial measures:

as additional measures of operating performance because they assist in comparing the Company’s performance on a consistent basis; andin presentations to the members of the Company’s Board of Directors to enable the Board to review the same measures used by management to compare the Company’s current operating results with corresponding prior periods. Other companies may define these non-GAAP financial measures differently and, as a result, these non-GAAP financial measures may not be directly comparable to similar non-GAAP financial measures used by other companies. Although these non-GAAP financial measures are used to assess the performance of the business, the use of non-GAAP financial measures is limited as they include and/or do not include certain items included and/or not included in the most directly comparable GAAP financial measure.

These non-GAAP financial measures should be considered in addition to, and not as a substitute for, revenues, income (loss) from operations, net income (loss) and diluted net income (loss) per share or other related financial information prepared in accordance with GAAP. Adjusted EBITDA is not intended to be a measure of liquidity. You are cautioned not to place undue reliance on these non-GAAP financial measures.

Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are provided below.

Third Quarter Fiscal Year 2026

Reconciliation of Income from Operations to Adjusted Operating Income

 Three Months Ended Nine Months Ended March 31, March 31, 2026
 2025
 2026
 2025
 (In thousands)Income from operations$129,080 $130,786 $344,915 $303,229Amortization of intangible assets 1,770  2,410  5,581  7,522Stock-based compensation expense 9,574  8,548  30,063  24,922Adjusted operating income$140,424 $141,744 $380,559 $335,673         Reconciliation of Net Income to EBITDA and Adjusted EBITDA

 Three Months Ended
March 31, Nine Months Ended
March 31, 2026
 2025
 2026
 2025
 (In thousands)Net income$88,527 $99,346  $256,804  $236,621 Interest expense, net 3,001  2,787   8,889   7,810 Other (income) expense, net 5,338  (7,360)  (811)  (23,469)Income tax expense 31,545  35,450   79,934   80,088 Loss from equity method investments 669  563   99   2,179 Depreciation and amortization 32,596  28,941   92,783   84,470 EBITDA 161,676  159,727   437,698   387,699 Stock-based compensation expense 9,574  8,548   30,063   24,922 Adjusted EBITDA$171,250 $168,275  $467,761  $412,621                 Reconciliation of Net Income Attributable to Common Shareholders and Diluted Net Income Per Share to Adjusted Earnings Per Share

 Three Months Ended Nine Months Ended March 31, March 31,  2026   2025   2026   2025  (In thousands)Net income attributable to common stockholders$88,527  $99,346  $256,804  $236,621 Amortization of intangible assets 1,770   2,410   5,581   7,522 Stock-based compensation expense 9,574   8,548   30,063   24,922 Income tax effect from adjustments above (942)  (617)  (11,749)  (6,132)Adjusted net income attributable to common stockholders$98,929  $109,687  $280,699  $262,933         Share computation:       Weighted average common shares — diluted 45,835,843   49,181,728   47,607,602   47,798,923 Effect of capped call transactions (2,764,425)  (2,092,035)  (2,481,111)  (2,669,924)Adjusted weighted average common shares — diluted 43,071,418   47,089,693   45,126,491   45,128,999 Adjusted earnings per share$2.30  $2.33  $6.22  $5.83          Three Months Ended Nine Months Ended March 31, March 31,  2026   2025   2026   2025  (per share)Diluted net income per share$1.93  $2.02  $5.39  $4.95 Amortization of intangible assets 0.04   0.05   0.12   0.16 Stock-based compensation expense 0.21   0.17   0.64   0.52 Income tax effect from adjustments above (0.02)  (0.01)  (0.25)  (0.13)Effect of capped call transactions 0.14   0.10   0.32   0.33 Adjusted earnings per share$2.30  $2.33  $6.22  $5.83          Fiscal Year 2026 Outlook

Reconciliation of Income from Operations to Adjusted Operating Income (unaudited)

 Year Ended
June 30, 2026 Low High    Income from operations$443.0 $450.0Stock-based compensation expense 40.0  42.0Amortization of intangible assets 7.0  8.0Adjusted operating income$490.0 $500.0    

Stride, Inc. (LRN) Q3 2026 Earnings Call Transcript

A well-received quarterly earnings report was the catalyst behind Stride (LRN +1.20%) stock's leap into positive territory on Wednesday. Shares of the educational services company rose by nearly 3%, contrasting well with the slight decline of the benchmark S&P 500 index.

Earning from learning Stride released its fiscal third-quarter 2026 results after market close on Tuesday. These revealed that the company's revenue was $629.9 million for the period, bettering the same quarter of 2025 by almost 3%.

Image source: Getty Images.

Going in the opposite direction was attributable net income not under generally accepted accounting principles (GAAP). This sank by nearly 10% year-over-year but was still well in the black, at slightly below $99 million ($2.30 per share).

That crucial line item also came in well above the consensus analyst estimate of $1.92 per share on a non-GAAP (adjusted) basis. On the top line, Stride edged past the average pundit projection of $629.7 million.

The company divides its business into two broad categories, general education and career learning. Of the two, only the latter posted growth -- its revenue rose by 12%, thanks mainly to a 16% increase in the considerable middle-high school segment (to nearly $260 million). General education, meanwhile, slid by almost 4% to $357.5 million.

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Striding into the future Stride also narrowed its existing guidance for the entirety of the current fiscal year. It's now anticipating annual revenue of $2.49 billion to $2.52 billion, with adjusted operating income landing at $490 million to $500 million. It did not provide net income guidance. The average analyst estimate for revenue is slightly more than $2.52 billion.

It looks to me like management has identified a sweet spot in the middle-high school career-learning niche and is moving accordingly. While I like a proactive and opportunistic C-suite team, however, I'd be concerned about the slump in general education, which remains the company's largest revenue stream.

Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Stride. The Motley Fool has a disclosure policy.

Stride, Inc. (LRN) is rated Buy at $93 as the post-crisis recovery is largely priced in and easy gains are behind. Career Learning segment drives growth, now 44% of revenue, with +15.9% y/y revenue and +11.6% y/y enrollment in Q3 FY2026. General Education enrollment decline (-5% y/y in Q3) is the key risk; stabilization is needed for further upside.

RESTON, Va., May 22, 2026 (GLOBE NEWSWIRE) -- Tallo, a free digital career platform, has earned a Gold Stevie® Award in the Education – Career and Workforce Readiness Solution category at the 24th Annual American Business Awards®.

Recognized for connecting two million individuals to careers, credentials, and opportunities, Tallo offers early talent ages 13 to 30 the tools and resources to move from career uncertainty to confident action. The award comes as workforce readiness remains a critical challenge nationwide. Tallo's 2025 Resource Gap research, which was covered by CBS Evening News and Fortune, found that nearly two-thirds of young adults lack clear career direction and one in four cannot find work in their intended field.

"The workforce readiness gap persists because resources aren't reaching the people who need them," said Allison Danielsen, CEO of Tallo. "Too many young people are navigating one of the most consequential decisions of their lives with almost no real support. Tallo was built to meet people where they are, give them tools that reflect their actual options, and trust them to move forward."

Tallo empowers users to make informed decisions about their futures with a variety of tools and resources. Career Navigator surfaces more than 1,800 careers across 170 industries, using real-time labor market data and personalized assessments to help students identify paths that align with their strengths and goals. Real Careers, Real Journeys™ connects users directly with working professionals across fields from medicine to manufacturing, grounding career exploration in real-world context through on-demand video and live sessions.

Tallo by the numbers:

21,000+ scholarships totaling $1.6 billion in available fundingFour million+ job listings matched to individual user profiles900+ employer partners recruiting directly through the platform, including Moog, Walgreens, and BAE Systems The Gold Stevie® adds to Tallo's growing record of industry recognition, which includes an EdTech Cool Tool Award for Hiring, Internships, or Apprenticeship Solution, multiple finalist recognitions across industry programs, and an Emerging Leader Award for CEO Allison Danielsen from Profiles in Leadership Journal. The recognition reflects Tallo's commitment to ensuring every young person has the guidance and access needed to build a future that works for them.

For more information, visit www.tallo.com.

About Tallo

Tallo is a free digital career platform that moves individuals age 13–30 from career uncertainty to confident action, providing the tools and connections for lasting success. With over 2 million users, Tallo helps individuals discover and explore career options, learn and earn valuable credentials, and ultimately, connect directly with employers to get a job that helps them build a better life. Tallo provides the tools for every step of the journey. Tallo is a portfolio brand of Stride, Inc., (NYSE: LRN) a leader in online education. Learn more at www.tallo.com.

Contact Data
Emily Riordan, Communications
Stride, Inc
[email protected]

LIVONIA, Mich. and PALO ALTO, Calif., June 01, 2026 (GLOBE NEWSWIRE) -- MedCerts, a leading online provider of allied health and IT certification training, and a Stride, Inc. (NYSE: LRN) portfolio company, and Pace AI today announced a strategic partnership to accelerate access to healthcare career pathways through personalized AI learning support for adult learners.

The partnership brings together MedCerts’ industry-recognized allied health training programs and Pace AI's personalized AI tutoring to provide real-time guidance that meets learners where they are, removing barriers and creating structured pathways into healthcare careers. Through this partnership, graduates of GED Testing Service – administrator of the official GED® test, the most widely recognized high school equivalency credential in the United States – will be the first in the country to access AI-powered healthcare certification training with MedCerts, creating a direct and supported pathway from high school diploma to healthcare training and employment. GED Testing Service has supported more than 20 million graduates to date and serves nearly 200,000 GED graduates each year who earn the credential as a springboard for continued education and career advancement.

Adult learners across the United States are eager to enter healthcare careers, but too often face barriers that prevent them from successfully starting or completing training, including language skills, financial access, and sustained learning support. At the same time, the U.S. healthcare system is experiencing an acute shortage of healthcare workers, with hospitals and care providers struggling to meet rising patient demand and maintain adequate staffing levels.

“This collaboration reflects what the healthcare labor market urgently needs,” said Todd Goldthwaite, Managing Director at Stride, Inc. “Solving workforce shortages requires more than expanding the number of training seats. It requires providing students with the support to persist, complete and transition into the roles healthcare systems are actively struggling to fill.”

“We started Pace AI with a mission to build AI focused on adult learners to unlock economic opportunity for adult learners, from the GED graduate balancing work and family to the English language learner building new skills, to the reentry learner rebuilding their career path,” said Victoria Pu, CEO of Pace AI. “What unites them is not a lack of ability, drive, or desire—but a lack of support. That is what we are solving for.”

Healthcare workforce demand continues to outpace supply, with hundreds of thousands of allied health roles projected to be added over the next decade. However, traditional education and training models have not evolved to support the scale or diversity of today’s adult learner population.

With this launch, Pace AI’s AI Tutors will be embedded inside foundational courses across eight of MedCerts’ most in-demand healthcare programs—including Phlebotomy Technician, Medical Assistant, Electronic Health Records Specialist, and Reimbursement Specialist—roles that represent critical entry points into the healthcare workforce.

For GED Testing Service, the partnership extends the value of the GED credential into a defined next step toward healthcare employment.

“Each year, hundreds of thousands of adults earn their GED credential with the goal of building a better future,” said CT Turner, President and CEO of GED Testing Service. “What has often been missing is a direct, supported pathway forward. This partnership creates that bridge into healthcare careers where demand is strong and opportunity is real.”

MedCerts, Pace AI, and GED Testing Service will jointly track learner persistence, completion, and credential attainment throughout 2026, with plans to expand into additional training programs and employer- and workforce-board-sponsored training cohorts.

Together, the partnership establishes a powerful model for workforce transformation, strengthening healthcare talent pipelines, addressing critical labor shortages, and expanding economic mobility for millions of adult learners across the United States.

For more information about this partnership, please visit: ged.medcerts.com

About MedCerts

MedCerts provides innovative, online career training programs that prepare adult learners for in-demand roles in healthcare and IT. With interactive eLearning, expert instruction and strong industry partnerships, MedCerts has helped over 100,000 students gain the skills and certifications needed for career success. Through MedCerts Partner Solutions, the company collaborates with employers, higher education institutions and workforce agencies to bridge the gap between training and career opportunities. MedCerts is a portfolio brand of Stride, Inc., a leader in online education. For more information on MedCerts, visit medcerts.com 

About Pace AI

Pace AI builds AI specifically to advance ESL, GED, and nontraditional learners onto high-quality career pathways and continuing education. The company develops personalized AI Tutors that support adult learners throughout their learning journey, delivering real-time guidance that meets learners at different levels and in 250+ languages—helping learners build skills, stay engaged, and progress toward credential and career goals. By improving confidence, retention, and completion, Pace AI helps learners overcome barriers to advancement while unlocking economic mobility and strengthening outcomes for families and communities. Learn more at paceapp.ai.

About GED Testing Service

GED Testing Service administers the official GED® test, the most widely recognized high school equivalency credential in the United States. The GED program provides adults who did not complete high school the opportunity to demonstrate high school-level academic skills and earn a credential that is accepted by employers, colleges, and universities nationwide, as well as workforce programs across the country. Each year, hundreds of thousands of adults pursue the GED credential, which serves as a critical foundation for continued education, career advancement, and economic mobility. Learn more at ged.com.

Media Contact
Corporate Communications
Stride, Inc.
[email protected]

CarMax (KMX 1.22%) shares declined 13.3% in the week to Friday morning. The decline came after a disappointing fourth-quarter 2026 earnings report released earlier in the week.

Challenging end markets CarMax has a new CEO in place, and Keith Barr (appointed in mid-March) faces an immediate challenge in dealing with difficult end markets. The consumer automotive market is price-sensitive at the moment, and, as many automakers found out last year, it's moving toward lower-priced models.

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That observation holds for new cars and the kind of used cars that CarMax sells. Consequently, CarMax sought to lower the average selling price of its vehicles to drive volume growth. CFO Enrique Mayor-Mora discussed the matter on the earnings call and disclosed that of the three levers (increased marketing, better online selling capability, and lower prices) the company pulled to drive 0.7% unit sales growth in the quarter, "we do believe that our lower pricing had the biggest impact on the quarter."

The result was a drop in average selling prices of used vehicles (down 0.4% to $26,019) and wholesale vehicle prices (down 3.3% to $7,776), but a combined (used and wholesale). Unfortunately, the mix led to a lower gross profit of $605.3 million in the quarter, down 9.4% from the same quarter of last year.

Image source: Getty Images.

Where next for CarMax There isn't a lot the company can do about its end markets. Still, it can restructure to better deal with them, and Barr's plans reduce expenses by $200 million in its fiscal 2027, which makes sense, not least as it will help the company deal with margin challenges coming from having to lower prices. In addition, management announced it had bought relatively more used cars from consumers than from dealers, which should help profitability.In short, it's a game of blocking and tackling as the company navigates a difficult trading environment.

Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends CarMax. The Motley Fool has a disclosure policy.

Car rental and used car stocks are seeing a wide divergence in their performance. Three notable names across these industries are Avis Budget Group NASDAQ: CAR, CarMax NYSE: KMX, and Carvana NYSE: CVNA. Among them, 52-week returns stretch from falls of 30% to gains of nearly 500%. Let’s break down what’s driving the differing performance within this group and what Wall Street analysts are calling for next.

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Avis Catapults on Suspected Short SqueezeOver the past 52 weeks, the return of Avis Budget Group exceeds 450% and is approaching the 500% mark. Since the end of March alone, Avis shares are up more than 200%, with the stock posting nine single-day gains of 10% or more. Analysts have largely attributed the explosive rise in Avis to a short squeeze.

Avis Budget Group Today

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$186.62 -2.99 (-1.58%)

As of 12:11 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$85.96▼

$847.70Price Target$129.63

Short squeezes can occur when investors sell a large percentage of a company’s floated shares short. When the stock rises, short sellers must buy the stock to cover their positions and prevent larger losses. This causes the stock to rise even more, creating a vicious cycle of short covering and price increases.

At the end of March, investors sold short around 54% of Avis’s floated shares. This level of short interest is extremely high, making Avis a prime short-squeeze candidate.

More recent reports indicated that short interest has since increased to 58%. This signals that new traders are entering short positions amid Avis’s rise, making further squeezes possible.

Still, it is important to note that wagering on potential short squeezes is extremely risky. Stocks affected by these technical trading dynamics can plummet just as fast as they rise, as fundamentals often don’t align with valuations.

Avis Budget Group, Inc. (CAR) Price Chart for Friday, June, 12, 2026

Demonstrating this is the fact that Avis’s revenue fell by 1% in 2025, yet the stock trades at a forward price-to-earnings ratio near 130X. Furthermore, Wall Street analysts have a highly bearish outlook on Avis. The MarketBeat consensus price target of $115 implies downside in the stock of about 75%.

CarMax Sees Big Losses Moves Amid CEO Departure, Falling SalesMeanwhile, vehicle reseller CarMax is down more than 30% over the past 52 weeks. CarMax has seen several huge single-day losses during this time. This includes a 24% single-day drop in November 2025, after CarMax announced its CEO would step down, and the company provided extremely poor guidance.

CarMax Today

$50.99 -0.58 (-1.12%)

As of 12:11 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$30.26▼

$71.99P/E Ratio31.81

Price Target$41.73

At that time, CarMax said its comparable sales would fall by 8% to 12% in its Q3 fiscal year 2026. Note that CarMax’s fiscal reporting period is several quarters ahead of the calendar period.

The company also noted that its earnings per share (EPS) would come in between 18 cents and 36 cents. Analysts had forecasted a comparable sales drop near 3%, and EPS above 60 cents. CarMax ended up posting a comparable sales decline of 9% and EPS of 43 cents.

These were both better than the company’s midpoint guidance, but the stock still fell in response. Despite posting beats in its April 2026 earnings report, the stock tanked another 15% afterward, reflecting a lack of longer-term confidence among investors.

Wall Street analysts are generally echoing this uncertainty. The MarketBeat consensus price target of $41.21 implies the stock is fairly valued. However, targets updated after the company’s latest earnings report average around $35.50, implying more than 10% downside.

Carvana Grows Car Sales by 43% as CarMax DeclinesCarMax’s fall is largely attributable to the rise of Carvana. CVNA stock is up more than 80% over the past 52 weeks, as the company continues to take market share from legacy used car resellers like CarMax. In 2025, Carvana sold 596,641 cars to retail customers, up 43% year over year (YOY). Meanwhile, CarMax sold 780,684 cars to consumers in its FY2026, falling 1.1% YOY. One year ago, Carvana sold just 416,348 retail vehicles to CarMax’s nearly 789,050. This shows how Carvana’s customer base is rapidly increasing while CarMax’s is deteriorating.

Carvana Today

$63.91 -3.91 (-5.77%)

As of 12:11 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$54.46▼

$97.38P/E Ratio38.85

Price Target$93.14

As opposed to CarMax, which operates over 250 traditional showrooms, Carvana has no stores. Buying and selling happens completely online, as the firm picks up cars from sellers, refurbishes them, and delivers them to eventual buyers. Given the growth of both firms, Carvana’s model is clearly resonating with customers.

Looking ahead, analysts have a moderately bullish tilt on Carvana stock. The MarketBeat consensus price target near $435 implies around 10% upside in shares. However, several targets updated in April are significantly lower. The average of April updates so far is $411, implying around 5% upside. Notably, these updated targets stretch as high as $475 and as low as $335. Carvana will report its Q1 2026 financials in late April, which could cause considerable shifts in price targets.

Avis Stands Alone, CarMax and Carvana Jockey for ShareAvis Budget Group stock is being driven primarily by technical factors rather than its positioning in the broader rental car market. Meanwhile, the stories of CarMax and Carvana are on opposite ends of the same spectrum, as Carvana disrupts the resale market.

Notably, Carvana has high long-term expectations for itself. The company hopes to reach 3 million annual retail vehicle sales sometime between 2030 and 2035. This would require significant annual growth in the range of 18% to 38%.

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On April 21, 2026, CarMax Inc (KMX) shares fell 4.0% to $39.04, continuing a downward trend that has seen the stock decline 6.3% over the past week and 6.7% ove

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. ("CarMax" or the "Company") (NYSE: KMX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

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

[Click here for information about joining the class action]

On April 14, 2026, CarMax issued a press release reporting its financial results for the fourth quarter and fiscal year of 2026.  Despite its fourth-quarter results meeting or exceeding expectations for same-store sales and revenue, on a related earnings call, Company management indicated that it would, among other things, lower prices for used cars and increase its appetite for customers with lower credit scores to mitigate the impacts of an affordability crisis in the auto industry. 

On this news, CarMax's stock price fell $7.42 per share, or 15.12%, to close at $41.66 per share on April 14, 2026.

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

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980 

SOURCE Pomerantz LLP

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”), the nation's largest retailer of used cars, today announced that it intends to add Robert O'Shaughnessy to the Company's Board of Directors (the “Board”), subject to shareholder approval at the Company's 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Additionally, the Company announced the planned retirements of Shira Goodman and Mitchell Steenrod, each of whom will not stand for re-election. “We.

A month has gone by since the last earnings report for CarMax (KMX - Free Report) . Shares have lost about 8.5% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is CarMax due for a breakout? 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.

CarMax Q4 Earnings Surpass ExpectationsCarMax posted adjusted earnings per share of 34 cents for the fourth quarter of fiscal 2026, beating the Zacks Consensus Estimate of 22 cents by 57.63%. The adjusted bottom line declined 46.9% from 64 cents in the year-ago quarter.

Quarterly revenues came in at $5,946 million, edging past the Zacks Consensus Estimate of $5,770 million by 3.01% but slipping 1% year over year. Results reflected pricing actions aimed at improving the retail sales trend, which weighed on per-unit profitability.

Pricing Actions Weigh on Retail ProfitabilityFor the quarter ended Feb. 28, 2026, KMX reported total gross profit of $605.3 million, down 9.4% from the year-ago period. The decline was led by the retail business, where used-vehicle gross profit fell 9.6%.

Retail used gross profit per unit was $2,115, down $207 from last year’s record fourth quarter. Management attributed the decline to pricing actions implemented to drive an improved sales trend. Total retail used vehicle unit sales dipped 0.8% to 181,188, and comparable store used units decreased 1.9%.

CarMax’s wholesale results were mixed. Wholesale units increased 3% to 122,781, but gross profit per wholesale unit declined by $105 to $940. Other gross profit decreased 10.6%, primarily reflecting a reduction in service department margins.

SG&A Discipline Takes Shape Alongside RestructuringSelling, general and administrative expenses were $611.3 million, essentially flat versus the prior-year quarter. The total included $33.9 million in restructuring charges impacting compensation and benefits and occupancy costs, as well as higher advertising expenses, which were offset by items like a reduced corporate bonus accrual, lower stock-based compensation expense and savings tied to a Customer Experience Center workforce reduction earlier in fiscal 2026.

Excluding restructuring charges, adjusted SG&A expenses were $577.4 million, down $33.1 million, or 5.4%, year over year. Even with that progress, SG&A as a percent of gross profit rose to 101% from 91.4% a year ago as gross profit dollars contracted.

CarMax raised its targeted SG&A reductions to $200 million in exit-rate savings by the end of fiscal 2027, up from the prior goal of $150 million. The company also said that it will shift its SG&A efficiency focus to a per total unit metric (retail and wholesale), which management views as better aligned with driving unit volume.

CAF Income Falls as Credit Strategy Continues to EvolveCarMax Auto Finance (“CAF”) income decreased 9.8% year over year to $143.7 million in the fiscal fourth quarter. The company cited a lower balance of auto loans outstanding following a $900 million non-prime securitization completed in the third quarter, along with a higher provision for loan losses tied to CAF’s expansion across the credit spectrum.

CAF’s total interest margin percentage was 6.3% of average auto loans outstanding, up 10 basis points from the year-ago period. The provision for loan losses increased to $73.9 million from $68.3 million a year ago, reflecting higher Tier 2 penetration associated with the broader credit strategy.

On the volume side, after the impact of three-day payoffs, CAF financed 42.8% of units sold in the quarter, up from 42.3% in the prior-year quarter. The weighted average contract rate was 11.1%, unchanged from a year earlier.

Capital Allocation, Liquidity and Fiscal 2027 Spending PlansKMX repurchased 1.3 million shares for $50.4 million during the quarter before pausing additional purchases. For fiscal 2026, the company repurchased 11.8 million shares for $631.8 million, and it finished the year with $1.31 billion remaining under its authorization.

CarMax ended fiscal 2026 with cash and cash equivalents of $122.8 million and inventory of $4.14 billion. Long-term debt excluding the current portion was $2.01 billion, while the current portion of long-term debt was $217.3 million.

On the growth front, the company opened one new store location in Florence, KY, and one stand-alone reconditioning/auction center in Frederick, MD, during the quarter. For fiscal 2027, CarMax plans to open four new stores, two stand-alone reconditioning/auction centers and two stand-alone auction facilities, with capital expenditures expected to be approximately $400 million.

How Have Estimates Been Moving Since Then?It turns out, estimates review have trended downward during the past month.

The consensus estimate has shifted -17.55% due to these changes.

VGM ScoresCurrently, CarMax has a average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, CarMax has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

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

[Click here for information about joining the class action]

On April 14, 2026, CarMax issued a press release reporting its financial results for the fourth quarter and fiscal year of 2026.  Despite its fourth-quarter results meeting or exceeding expectations for same-store sales and revenue, on a related earnings call, Company management indicated that it would, among other things, lower prices for used cars and increase its appetite for customers with lower credit scores to mitigate the impacts of an affordability crisis in the auto industry. 

On this news, CarMax’s stock price fell $7.42 per share, or 15.12%, to close at $41.66 per share on April 14, 2026.

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

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

A 21-year-old welder from Mississippi called into The Ramsey Show with a math problem most readers will never see on a calculator: $30,000 in debt on a truck at 30% interest, paid down with $800 a month out of a $3,200 monthly take-home check. Co-host George Kamel did not soften his reaction.

“Whoever did that is a terrible, terrible person taking advantage of a 21-year-old kid who’s trying to take care of his dad with cancer.”

A loan at this rate actively transfers wealth from the borrower to the lender on a schedule the borrower cannot outrun without selling the collateral. If you are a young worker shopping for a vehicle and a dealer waves you toward a finance office instead of a price negotiation, this article is the math you need to see first.

The verdict: The math is brutal Co-host Jade Warshaw’s exit advice was blunt: sell the truck, take a personal loan from a credit union to cover the gap, and never sit inside a 30% auto loan one month longer than required. “I don’t care. I don’t care how you need to get this loan. Nothing’s going to be worse than 30%.” That is the correct call.

The Federal Reserve’s benchmark borrowing rate sits at just under 4%. The caller’s truck loan sits at 30%. That is more than 25 percentage points above the benchmark. Banks do not price risk that high. Subprime dealer finance offices do, because the collateral sits on their lot and can be repossessed on day 31 of nonpayment.

On a standard 72-month auto loan at 30%, the monthly payment lands near $900, and total interest paid over the life of the loan roughly equals the original price of the truck. A buyer pays for the vehicle twice. At $800 a month, the caller is barely outrunning the interest charge, which is why he is upside down by $10,000 a year into the loan. The principal has barely moved.

Layer in the cash flow: $3,200 a month after taxes against an $800 truck payment and $250 a week in diesel means fuel and the loan alone consume more than half his income. With WTI crude near $102 per barrel, sitting in the 94th percentile of the past year’s range, that fuel line is not shrinking. The vehicle is eating the worker.

Why budgeting won’t fix this A welder earning $3,200 a month takes home roughly $18 an hour at full-time, against a national private-sector average of about $37 per hour in April 2026. He earns about half the national average. The consumer price index has climbed from 317.671 in January 2025 to 333.020 in April 2026, and the national savings rate has fallen from 6.2% in Q1 2024 to 4.0% in Q1 2026. There is no budgeting trick that closes a 30% interest gap when wages are below average and the cost of living is rising.

The variable that decides everything: the gap between loan balance and resale value The single number that determines whether a buyer can escape a high-rate auto loan is the spread between what the vehicle would sell for today and what is owed on it. This caller is upside down by $10,000. That gap, not the interest rate itself, is what traps borrowers in place.

If a borrower is upside down by $1,000 on a 30% loan, they can sell the vehicle and cover the shortfall with a few paychecks. If a borrower is upside down by $10,000, they need a bridge loan. A credit union personal loan in the $10,000 range would carry an interest rate in the high single digits to mid-teens for someone with a 650-660 credit score. Any rate below 30% saves money on the first day. A 12% loan on $10,000 is a vastly less expensive loan, even if it’s still not a good one.

Pair that with selling the motorcycle and four-wheelers, worth about $7,000, and the bridge loan shrinks. The 1993 diesel truck becomes the daily driver. The 30% loan disappears.

What to do if you are sitting in a similar loan Get the payoff quote in writing. Call the lender and request the 10-day payoff figure, not the balance shown on the statement. Get two independent resale appraisals. Use CarMax (NYSE:KMX | KMX Price Prediction) and Carvana (NYSE:CVNA) for instant offers, then check a local dealer. The highest of the three is your realistic sale price. Calculate the gap. Payoff minus sale price equals the bridge you need to cover. That number, not the monthly payment, is your real problem. Shop credit unions, not banks or buy-here-pay-here lots. Local credit unions routinely write unsecured personal loans for members with mid-600s credit. Any rate under 20% is a win against a 30% auto loan. Liquidate non-essential vehicles and toys before touching retirement or emergency cash. A motorcycle sold this weekend is worth more than one sold in six months after another insurance and registration cycle. Kamel closed the call with the line that should anchor any young borrower’s thinking: “A 21-year-old who is a licensed welder and heavy machine operator that has no debt, you know what you can do? Anything you want. You’re one of the freest men on the planet.” The math agrees with him. A 30% loan amounts to a wage garnishment with a steering wheel attached.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? CarMax (KMX - Free Report) , which belongs to the Zacks Automotive - Retail and Wholesale - Parts industry, could be a great candidate to consider.

When looking at the last two reports, this used car dealership chain has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 56.96%, on average, in the last two quarters.

For the most recent quarter, CarMax was expected to post earnings of $0.22 per share, but it reported $0.34 per share instead, representing a surprise of 54.55%. For the previous quarter, the consensus estimate was $0.32 per share, while it actually produced $0.51 per share, a surprise of 59.38%.

Price and EPS Surprise

With this earnings history in mind, recent estimates have been moving higher for CarMax. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

CarMax has an Earnings ESP of +3.56% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on June 17, 2026.

When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Analysts on Wall Street project that CarMax (KMX - Free Report) will announce quarterly earnings of $0.94 per share in its forthcoming report, representing a decline of 31.9% year over year. Revenues are projected to reach $7.54 billion, declining 0.1% from the same quarter last year.

The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Given this perspective, it's time to examine the average forecasts of specific CarMax metrics that are routinely monitored and predicted by Wall Street analysts.

The consensus estimate for 'Net sales and operating revenues- Wholesale vehicle' stands at $1.23 billion. The estimate suggests a change of -2% year over year.

It is projected by analysts that the 'Other sales and revenues- Extended protection plan revenues' will reach $131.82 million. The estimate suggests a change of +0.1% year over year.

The collective assessment of analysts points to an estimated 'Net sales and operating revenues- Used vehicle' of $6.18 billion. The estimate indicates a year-over-year change of +1.3%.

Based on the collective assessment of analysts, 'Net sales and operating revenues- Other sales and revenues' should arrive at $190.21 million. The estimate suggests a change of -0.1% year over year.

The combined assessment of analysts suggests that 'Number of stores - Total' will likely reach 257 . The estimate is in contrast to the year-ago figure of 250 .

Analysts predict that the 'Average Selling Prices - Used vehicles' will reach $26.35 thousand. The estimate compares to the year-ago value of $26.12 thousand.

Analysts forecast 'Unit Sales - Wholesale vehicles' to reach 151,525 . The estimate is in contrast to the year-ago figure of 149,517 .

According to the collective judgment of analysts, 'Gross Profit per Unit - Wholesale vehicle' should come in at $974.34 . The estimate is in contrast to the year-ago figure of $1047.00 .

The consensus among analysts is that 'Gross Profit per Unit - Used vehicle' will reach $2136.91 . The estimate compares to the year-ago value of $2407.00 .

The average prediction of analysts places 'Average Selling Prices - Wholesale vehicles' at $7.87 thousand. The estimate is in contrast to the year-ago figure of $7.96 thousand.

Analysts' assessment points toward 'Unit Sales - Combined retail and wholesale used vehicle' reaching 384,440 . Compared to the present estimate, the company reported 379,727 in the same quarter last year.

Analysts expect 'Unit Sales - Used vehicles' to come in at 232,915 . The estimate is in contrast to the year-ago figure of 230,210 .

View all Key Company Metrics for CarMax here>>>

Shares of CarMax have demonstrated returns of +35.4% over the past month compared to the Zacks S&P 500 composite's -0.2% change. With a Zacks Rank #3 (Hold), KMX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Cinctive Capital Management LP increased its stake in Hologic, Inc. (NASDAQ: HOLX) by 53.4% in the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,404 shares of the medical equipment provider's stock after acquiring an additional 23,119 shares during the period. Cinctive Capital Management LP's holdings

Hologic nears its $76 buyout price as Diagnostics faces headwinds, tariffs hurt, and the stock trades at a sector premium.