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2026-06-11 20:56
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Diversified Healthcare (DHC) Surges 5.9%: Is This an Indication of Further Gains? | FMP Stock News | |
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2026-06-11 20:51
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BlackSky Reports First Quarter 2026 Results | FMP Stock News | |
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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #earnings--BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the first quarter ended March 31, 2026. “With up to $160 million in new contract wins, we are rapidly growing revenues driven by the demand for Gen-3 space-based intelligence and AI services,” said Brian E. O'Toole, BlackSky CEO. “We are raising our guidance for the year based on strong year-to-date sales performance, in-year revenue visibility, and accelerated demand for bes. |
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2026-06-11 20:51
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2026-05-07 09:51
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BlackSky Technology Inc. (BKSY) Reports Q1 Loss, Lags Revenue Estimates | FMP Stock News | |
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BlackSky Technology Inc. (BKSY - Free Report) came out with a quarterly loss of $0.82 per share versus the Zacks Consensus Estimate of a loss of $0.37. This compares to a loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -120.13%. A quarter ago, it was expected that this company would post a loss of $0.25 per share when it actually produced a loss of $0.19, delivering a surprise of +24%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. BlackSky Technology, which belongs to the Zacks Technology Services industry, posted revenues of $20.77 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 26.66%. This compares to year-ago revenues of $29.54 million. The company has not been able to beat consensus revenue estimates 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. BlackSky Technology shares have added about 116.1% since the beginning of the year versus the S&P 500's gain of 7.6%. What's Next for BlackSky Technology?While BlackSky Technology 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 BlackSky Technology 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 -$0.38 on $30.65 million in revenues for the coming quarter and -$1.33 on $133.86 million 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, Technology Services is currently in the bottom 27% 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. Another stock from the same industry, QXO, Inc. (QXO - Free Report) , has yet to report results for the quarter ended March 2026. This company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of -200%. The consensus EPS estimate for the quarter has been revised 14.7% higher over the last 30 days to the current level. QXO, Inc.'s revenues are expected to be $1.72 billion, up 12622.1% from the year-ago quarter. |
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2026-06-11 20:51
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2026-05-07 10:31
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BlackSky Technology (BKSY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates | FMP Stock News | |
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BlackSky Technology Inc. (BKSY - Free Report) reported $20.77 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 29.7%. EPS of -$0.82 for the same period compares to -$0.42 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $28.33 million, representing a surprise of -26.66%. The company delivered an EPS surprise of -120.13%, with the consensus EPS estimate being -$0.37. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how BlackSky Technology performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Space-based intelligence & AI services: $16.52 million versus the two-analyst average estimate of $16.83 million.Revenue- Mission solutions: $2.01 million versus the two-analyst average estimate of $8.59 million.Revenue- Advanced technology programs: $2.25 million compared to the $5.57 million average estimate based on two analysts.View all Key Company Metrics for BlackSky Technology here>>> Shares of BlackSky Technology have returned +21.3% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. |
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2026-06-11 20:51
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2026-05-07 17:04
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Stonegate Capital Partners Updates Coverage on BlackSky Technology, Inc. (BKSY) 1Q26 | FMP Stock News | |
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Dallas, Texas--(Newsfile Corp. - May 7, 2026) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners Updates Coverage on BlackSky Technology, Inc. (NYSE: BKSY). BKSY's 1Q26 marked a clearer Gen-3 commercialization inflection, with accelerating sovereign contract adoption, improving in-year revenue visibility, and management raising FY26 revenue and adj. |
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2026-06-11 20:51
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2026-05-08 06:41
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BlackSky Technology Inc. (BKSY) Q1 2026 Earnings Call Transcript | FMP Stock News | |
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BlackSky Technology Inc. (BKSY) Q1 2026 Earnings Call Transcript |
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2026-06-11 20:51
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2026-05-08 13:40
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Space Earnings Heat Up: Rocket Lab Tops $200M, Firefly Hits Record Revenue, Redwire Backlog Surges | FMP Stock News | |
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Space stocks were in focus this week as earnings reports highlighted surging defense demand, growing satellite and launch backlogs,and continued investment in next-generation space infrastructure. While several companies posted record revenue or raised guidance, losses remained a theme across the sector as firms scale production and chase defense and national security opportunities. RKLB stock is soaring. See the chart and price action here. Voyager TechnologiesCEO Dylan Taylor called 2025 "a transformational year," saying demand across "defense, national security and space continues to accelerate." He added that Voyager is entering 2026 "from a position of strength," focused on converting demand into "sustained revenue growth and long-term shareholder value." CEO Jason Kim said "momentum defined Firefly's first quarter," citing Golden Dome work, Blue Ghost milestones, Alpha Flight 7 and a U.S. Space Force demonstration. Kim said the company remains focused on scaling production for "frequent landings on the Moon, a regular launch cadence, and critical national security missions." RedwireCEO Peter Cannito said "very strong demand" and wins including the $1.8 billion Andromeda IDIQ show Redwire has "many pathways to success." CFO Chris Edmunds pointed to gross margin improvement to 26.6% and said Redwire is reaffirming 2026 revenue guidance of $450 million to $500 million. Rocket LabRocket Lab Corp. (NASDAQ:RKLB) delivered record Q1 revenue of $200.3 million, up 63.5% year over year, and backlog of more than $2.2 billion. Founder and CEO Peter Beck said, "With revenue, we topped $200 million in the quarter for the first time," and called gross margins "excellent" at 38.2% GAAP and 43% non-GAAP. Rocket Lab guided Q2 revenue to $225 million to $240 million. RKLB shares were up 25% on Friday, according to Benzinga Pro data. BlackSkyBlackSky Technology Inc. (NYSE:BKSY) reported Q1 revenue of $20.8 million. That’s down from $29.5 million a year earlier. However, the company raised full-year revenue guidance to $130 million to $150 million. CEO Brian O'Toole said BlackSky is "rapidly growing revenues driven by the demand for Gen-3 space-based intelligence and AI services" after winning up to $160 million in new contracts. He said the company is raising guidance on "strong year-to-date sales performance" and "accelerated demand" in its pipeline. Coming Next WeekPhoto: Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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2026-06-11 20:51
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2026-05-08 13:40
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Space Earnings Heat Up: Rocket Lab Tops $200M, Firefly Hits Record Revenue, Redwire Backlog Surges | FMP Stock News | |
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Space stocks were in focus this week as earnings reports highlighted surging defense demand, growing satellite and launch backlogs,and continued investment in next-generation space infrastructure. While several companies posted record revenue or raised guidance, losses remained a theme across the sector as firms scale production and chase defense and national security opportunities. RKLB stock is soaring. See the chart and price action here. Voyager TechnologiesCEO Dylan Taylor called 2025 "a transformational year," saying demand across "defense, national security and space continues to accelerate." He added that Voyager is entering 2026 "from a position of strength," focused on converting demand into "sustained revenue growth and long-term shareholder value." CEO Jason Kim said "momentum defined Firefly's first quarter," citing Golden Dome work, Blue Ghost milestones, Alpha Flight 7 and a U.S. Space Force demonstration. Kim said the company remains focused on scaling production for "frequent landings on the Moon, a regular launch cadence, and critical national security missions." RedwireCEO Peter Cannito said "very strong demand" and wins including the $1.8 billion Andromeda IDIQ show Redwire has "many pathways to success." CFO Chris Edmunds pointed to gross margin improvement to 26.6% and said Redwire is reaffirming 2026 revenue guidance of $450 million to $500 million. Rocket LabRocket Lab Corp. (NASDAQ:RKLB) delivered record Q1 revenue of $200.3 million, up 63.5% year over year, and backlog of more than $2.2 billion. Founder and CEO Peter Beck said, "With revenue, we topped $200 million in the quarter for the first time," and called gross margins "excellent" at 38.2% GAAP and 43% non-GAAP. Rocket Lab guided Q2 revenue to $225 million to $240 million. RKLB shares were up 25% on Friday, according to Benzinga Pro data. BlackSkyBlackSky Technology Inc. (NYSE:BKSY) reported Q1 revenue of $20.8 million. That’s down from $29.5 million a year earlier. However, the company raised full-year revenue guidance to $130 million to $150 million. CEO Brian O'Toole said BlackSky is "rapidly growing revenues driven by the demand for Gen-3 space-based intelligence and AI services" after winning up to $160 million in new contracts. He said the company is raising guidance on "strong year-to-date sales performance" and "accelerated demand" in its pipeline. Coming Next WeekPhoto: Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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2026-06-11 20:51
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2026-05-09 11:09
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BlackSky Technology Q1 Earnings Call Highlights | FMP Stock News | |
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2 hours agoRH (NYSE:RH) Announces Earnings ResultsRH (NYSE:RH - Get Free Report) released its quarterly earnings results on Thursday. The company reported ($1.97) earnings per share for the quarter, beating analysts' consensus estimates of ($2.07) by $0.10. The company had revenue of $800.33 million for the quarter, compared to analysts' expectations of $792.55 million. RH had a negative return on equity of 567.82% and a net margin of 3.63%. NYSE:RH Read RH (NYSE:RH) Announces Earnings Results 2 hours ago Stock Traders Purchase High Volume of Sirius XM Call Options (NASDAQ:SIRI)MarketBeat Sirius XM Holdings Inc. (NASDAQ:SIRI - Get Free Report) was the recipient of some unusual options trading on Thursday. Stock investors bought 58,116 call options on the stock. This represents an increase of approximately 203% compared to the average daily volume of 19,167 call options. NASDAQ:SIRI Read Stock Traders Purchase High Volume of Sirius XM Call Options (NASDAQ:SIRI) Trending News All MarketBeat Instant News Alerts Sort By Time Frame Alert Type Keywords Page 1 of 325 Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. |
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2026-06-11 20:51
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2026-05-10 08:15
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BlackSky: Another Lackluster Quarter, Shares Look Dramatically Overvalued | FMP Stock News | |
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BlackSky Technology reported a disappointing Q1, with revenues down 29.5% year-over-year and EPS badly missing expectations. BKSY raised full-year midpoint revenue guidance to $140 million, implying 31% growth, but so far that optimism isn't reflected in results. The stock trades at 16x EV/Sales despite stagnant revenues, leaving valuation highly vulnerable if sector momentum fades or the company misses guidance. |
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2026-06-11 20:51
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2026-05-12 04:35
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This top UFO stock is up more than 100% in 2026 | FMP Stock News | |
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After suffering a significant drop in late 2021 and spending years without a breakout, the stock of the geospatial intelligence services and Earth observation satellite company BlackSky Technology (NYSE: BKSY) saw significant success in the last 12 months.Specifically, after spending multiple years below the $10 mark, the shares of the ‘UFO company’ broke out and rallied 253% between May 12, 2025, and the same date in 2026. A deluge of contracts secured year-to-date (YTD) reinforced the surge, and BlackSky stock is up 117% to $40.68 since January 2: the first regular trading session of the year. BlackSky stock price 12-month chart. Source: Finbold The shift in the equity market fortunes also translated into strong business results, with the satellite company revealing particularly strong results in its most recent quarterly filing – covering the first quarter (Q1) of 2026 – and led to significant guidance upgrades. Here’s why BlackSky stock soared 117% in 2026 Indeed, BlackSky revealed approximately $160 million in various contracts and a likely $90 million contract with the U.S. Air Force (USAF), while reporting $20.8 millon in revenue for Q1. Furthermore, Chief Executive Officer (CEO) Brian O’Toole explained that the company is ‘off to a strong start to 2026,’ before adding that ‘demand for our Gen-3 capabilities has never been stronger.’ BlackSky also revised its whole-year 2026 revenue guidance to a range of $130 million to $150 – up from the previous $120-145 million – implying an overall 12-month growth of 30%. The company’s integration of artificial intelligence (AI) technology and the deployment of its third-generation satellites were particularly highlighted as related services enjoyed both a 14% rise compared to the previous quarter and are expected to grow 50% in 2026. BlackSky’s capability to deploy Gen3 satellites was also increased in 2026 with a partnership with Rocket Lab (NASDAQ: RKLB) announced late in February. What is next for the BlackSky ‘UFO stock’ Looking ahead, BKSY stock appears to benefit from a particularly strong setup for a continued rally. Along with the contracts and optimistic guidance, BlackSky equity remains substantially below the psychological barrier presented by its all-time highs (ATH), as, in 2021, it was changing hands above $90. Technical analysis (TA) also paints a bullish picture with both the moving averages (MA) and oscillators showing BKSY as a ‘Buy,’ for an overall rating of ‘Strong Buy,’ on the stock analysis platform TradingView. BlackSky stock technical analysis. Source: TradingView Lastly, the ‘UFO stock’ boasts confidence from Wall Street, though the mismatch between the overall ‘Strong Buy’ rating, underscored by a complete absence of ‘Sell’ recommendations, and the average price target $36.61 – 11.52% below the press time price – demonstrates there have been few recent revisions issued by institutional analysts. Featured image via Shutterstock Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
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2026-06-11 20:51
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2026-05-12 08:30
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BlackSky Wins Seven-Figure Subscription Contract with New Government Customer for New and Advanced Gen-2 Mission Applications | FMP Stock News | |
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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #AI--BlackSky awarded a seven-figure subscription contract with a new government customer for new and advanced Gen-2 mission applications. |
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2026-06-11 20:51
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2026-05-21 14:26
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PL Versus BKSY: Which Satellite Imaging Stock Has More Upside? | FMP Stock News | |
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Key Takeaways Planet Labs logged $900M backlog in fiscal 2026, up 79% Y/Y, and hit adjusted EBITDA profitability.PL guides fiscal 2027 revenue of $415M-$440M, with gross margin of 50%-52%, despite losses.BKSY's Gen-3 satellites deliver 35-cm imagery; pilot programs are converting into recurring subscriptions. Artificial Intelligence (AI) is reshaping the software landscape, redefining categories and competitive dynamics. Per The Business Research Company, the AI software market is projected to grow to $995.45 billion by 2030 at a compound annual growth rate (CAGR) of 26.7%. With increased adoption and integration of AI into core operations to control costs and improve customer experience, the market is expected to grow exponentially. Per Global Market Insights, the Satellite Imaging market is estimated to grow 11% between 2024 and 2032, driven by increasing use of satellite imaging in defense and security applications, rising demand for environmental monitoring and developments in satellite technology.In this context, Planet Labs (PL - Free Report) and BlackSky Technology (BKSY - Free Report) are worth mentioning as both deploy AI into their core functions. Planet Labs is a leading provider of Earth-imaging data and geospatial analytics, operating the largest fleet of Earth-observation satellites globally. BlackSky Technology is a space-based technology company that delivers real-time imagery, analytics and high-frequency monitoring of the world’s most critical and strategic locations, economic assets and events. Let's discuss in detail. The Case for Planet LabsPlanet Labs generates most of its revenue through fixed-price subscription agreements and usage-based contracts, delivering satellite imagery and geospatial analytics via its cloud-based platform to governments and large enterprises. Growth has been supported by the expansion of its subscription model, rising demand from government customers and a strategic move toward higher-value satellite services and AI-driven analytics solutions. In recent years, the company has prioritized large-scale government and defense contracts, which offer stronger revenue visibility and long-term stability. While government business remains the primary growth driver, management continues to view the commercial market as a significant long-term opportunity. Advancements in AI-powered analytics, initially developed for defense applications, are expected to broaden adoption across industries, including supply chain management, insurance, agriculture, energy, financial services and operational monitoring. As of fiscal 2026, Planet Labs reported a backlog of approximately $900 million, representing 79% year-over-year growth and supporting expectations for accelerating revenue expansion. The company also achieved adjusted EBITDA profitability for the first time during the year. For fiscal 2027, management projects revenues between $415 million and $440 million, implying roughly 39% annual growth at the midpoint, with gross margins expected to be between 50% and 52%. Despite improving fundamentals, Planet Labs remains unprofitable and is not expected to achieve a near-term earnings turnaround. Significant ongoing investments in satellite development, deployment and replacement, combined with elevated R&D and operating expenses, continue to pressure margins. After multiple years of losses, the company is expected to remain in the red through fiscal 2027, while returns on equity and invested capital remain below industry averages. The company is still in the red, and a rebound is not expected soon. PL shares have gained 116.3% year to date. The Case for BlackSkyBlackSky operates a real-time Earth observation platform that integrates its proprietary low-Earth-orbit satellite constellation with AI-powered analytics software, giving the company a differentiated position within the fast-growing defense and intelligence market. The business is well-positioned to benefit from rising global defense spending, scalable subscription-based economics and improving operating leverage. The company is benefiting from a structural increase in demand for tactical intelligence and persistent monitoring capabilities. Governments and defense agencies increasingly require high-frequency, low-latency satellite imagery for applications such as military surveillance, border security, maritime tracking and battlefield intelligence. BlackSky’s Gen-3 satellites deliver 35-centimeter-resolution imagery with rapid revisit capabilities and AI-enabled analytics, supporting near real-time operational decision-making. Recent contract wins totaling up to $160 million — including a $99 million award from the U.S. Air Force Research Laboratory and a $25 million international defense agreement — reinforce the growing demand for its platform and capabilities. At the same time, BlackSky is shifting toward a higher-margin recurring revenue model. Management indicated that several Gen-3 pilot programs have already converted into recurring subscription renewals across Asia, Europe and the Americas. This transition is expected to enhance revenue visibility, strengthen customer retention and support continued expansion in gross margins. The company’s increasing mix of high-margin subscription revenue is also driving meaningful improvement in adjusted EBITDA margins. While BlackSky has not yet reached profitability, management expects revenue growth in excess of 50% in 2026, supported by strong contract momentum and improving demand visibility. The company also anticipates surpassing a $100 million annual revenue run rate while maintaining gross margins of approximately 80%, reflecting the scalability of its software-enabled intelligence platform. BKSY shares have rallied 143.1% year to date. Estimates for PL and BKSYThe Zacks Consensus Estimate for PL’s fiscal 2027 revenues implies a year-over-year increase of 39.4%, while the same for earnings per share (EPS) suggests no change year over year. EPS estimates have witnessed no movement in the past 30 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for BKSY’s 2026 revenues implies a year-over-year rise of 30.6%, and the same for EPS implies a year-over-year increase of 21.3%. EPS estimates witnessed southbound movement in the past 30 days. Image Source: Zacks Investment Research Are PL and BKSY Shares Expensive?PL is trading at a forward sales multiple of 31.38, above its median of 3.66 over the last three years. BKSY’s forward sales multiple sits at 10.55, higher than its median of 2.16 over the last three years. Image Source: Zacks Investment Research ConclusionPlanet Labs, a data-driven company focused on Earth-observation imagery and analytics, is poised to grow, given the rising global demand for commercial satellites. BlackSky’s growing strategic relevance could help it evolve from a niche satellite operator into a critical real-time geospatial intelligence platform. Given BKSY’s less expensive valuation and price appreciation, it has an edge over PL. BKSY carries a Zacks Rank #3 (Hold), while PL carries a Zacks Rank #5 (Strong Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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2026-06-11 20:51
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2026-05-21 16:30
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BlackSky to Participate at Three Upcoming Investor Conferences | FMP Stock News | |
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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY--BlackSky Technology Inc. (NYSE: BKSY) will participate in the following upcoming investor events in May and June. 2026 Jefferies Virtual Space Summit Date: Tuesday, May 26, 2026 Fireside Chat: Henry Dubois, BlackSky chief financial officer 23rd Annual Craig-Hallum Institutional Investor Conference Date: Thursday, May 28, 2026 Location: Depot Renaissance Hotel (Minneapolis, MN) Morgan Stanley National Security Innovation Summit Date: Monday, June 15, 2026 Location:. |
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2026-06-11 20:51
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2026-05-28 08:30
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BlackSky Secures Seven-Figure, Multi-Year Renewal Contract to Accelerate Automation of Future Non-Earth Imagery Services | FMP Stock News | |
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HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #AI--BlackSky awarded seven-figure, multi-year contract renewal to accelerate the automation of future non-Earth imagery (NEI) services. |
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2026-06-11 20:51
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2026-05-28 09:00
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BlackSky Secures Seven-Figure, Multi-Year Renewal Contract to Accelerate Automation of Future Non-Earth Imagery Services | FMP Stock News | |
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BlackSky Secures Seven-Figure, Multi-Year Renewal Contract to Accelerate Automation of Future Non-Earth Imagery Services BlackSky Technology Inc. (NYSE: BKSY) was awarded a seven-figure, multi-year contract renewal to accelerate the automation of future non-Earth imagery (NEI) services. This follow-on agreement expands the program’s scope toward the exploration of next-generation imaging payload and specialized mission-planning software solutions that support the real-time speed, scale and reliability of space domain awareness (SDA) operations.“This contract validates confidence in BlackSky’s ability to rapidly design and field cutting-edge space technologies that strengthen our customer’s superiority in space, especially in an increasingly congested and contested orbital environment,” said Brian O’Toole, BlackSky CEO. “We are making advancements toward a fully automated, dynamic space-to-space collection system, leveraging the successful operational heritage of Gen-2 by integrating our proven Gen-3 architecture with a specially designed imaging payload to expand coverage and capacity across the space domain and deliver NEI services at disruptive speed and economics.” As part of this contract, BlackSky will deliver timely, very high-resolution imagery and AI-enabled analytics of on-orbit objects that gives decision-makers a dual-use capability in a single platform that is flexible for both Earth observation and highly dynamic space domain awareness missions. “BlackSky’s Gen-3 architecture continues to demonstrate superior technical scalability and performance, supporting both advanced EO and SDA missions, such as tracking unidentified satellites or monitoring debris fields in low-Earth orbit,” said O’Toole. This contract underscores BlackSky’s strategic commitment to innovation, blending its proven space heritage with agile, future-forward engineering to secure the space domain for our national security partners. Delivering NEI capabilities gives BlackSky the ability to leverage underutilized capacity typically associated with satellites passing over the ocean or satellites in eclipse, traveling across the dark side of Earth. This enhances BlackSky’s service offering and supports mission success across the realm of space security. BlackSky’s entire technology stack, from its foundational high-cadence Gen-2 capabilities to its advanced very high-resolution Gen-3 monitoring and upcoming large area AROS platforms, is defined by an AI-first, software-oriented framework designed to support responsive, dynamic real-time surveillance across all domains. BlackSky delivers flexible access to space-based imagery and AI-enabled analytics data via On-Demand and Assured subscription-based services or full sovereign systems. This full-technology stack ensures customers receive real-time insights exactly when and where they need them most. About BlackSky BlackSky is a real-time, space-based intelligence company that delivers on-demand, high frequency imagery, analytics, and high-frequency monitoring of the most critical and strategic locations, economic assets, and events in the world. BlackSky owns and operates one of the industry’s most advanced, purpose-built commercial, real-time intelligence systems that combines the power of the BlackSky Spectra® tasking and analytics software platform and our proprietary low earth orbit satellite constellation. With BlackSky, customers can see, understand and anticipate changes for a decisive strategic advantage at the tactical edge, and act not just fast, but first. BlackSky is trusted by some of the most demanding U.S. and international government agencies, commercial businesses, and organizations around the world. BlackSky is headquartered in Herndon, VA, and is publicly traded on the New York Stock Exchange as BKSY. To learn more, visit www.blacksky.com and follow us on X. Forward-Looking Statements Certain statements in this press release may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect our expectations, plans, or forecasts of future events and views as of the date of this communication. We anticipate that subsequent events and developments will cause their assessments to change. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Additional risks and uncertainties are identified and discussed in BlackSky’s disclosure materials filed from time to time with the SEC which are available at the SEC’s website at http://www.sec.gov or on BlackSky’s Investor Relations website at https://ir.blacksky.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260528950629/en/ |
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Major Indexes Log Fresh Highs as Dow Pops 400 Points | FMP Stock News | |
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The Nasdaq Composite (IXIC) is enjoying a modest gain alongside the S&P 500 Index (SPX) this afternoon, while the Dow Jones Industrial Average (DJI) trades 404 points higher as investors look to close out the week and month on a high note. Each of the indexes have already tapped intraday records, aided by a pullback in crude prices and surge in Big Tech. U.S.-Iran tensions remain intact and investors are looking forward to Trump's decision on another ceasefire extension. Should today's gains hold, the S&P will mark its ninth-straight weekly gain, its longest such win streak since December 2023.Continue reading for more on today's market, including: Dell stock breaks out after earnings triple play. Retail favorite slipping despite reporting record revenue. Plus, three more software stocks making plenty of noise this afternoon. Aerospace name MongoDB Inc (NASDAQ:MDB) was last seen off 4.8% to trade at $310, bucking the software sector surge and brushing off a quarterly beat-and-raise. Analysts and options traders have swarmed MDB in response, with 53,000 contracts across the tape so far, five times the average daily rate. Most popular is the June 330 call, with the expiring weekly 5/29 300-strike put seeing buy-to-open activity. MDB has shed almost 27% in 2026. ServiceNow Inc (NYSE:NOW), up 14.1% at $124.06 at last check, one of the top names on the New York Stock Exchange (NYSE) as it enjoys a halo lift from hardware peer Dell Technologies (DELL). Now up 17% for the quarter, ServiceNow stock is eyeing its best day since April 2025. BlackSky Technology Inc (NYSE:BKSY) is near the bottom of the NYSE, last seen down 9.9% to trade at $46.50, pulling back from its recent run to five-year highs. The ascending 20-day moving average is just below, however, should these losses persist. BKSY has added 140% in 2026 so far. |
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BlackSky Stock Drops After Jefferies Downgrade to Hold | FMP Stock News | |
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BlackSky Technology shares are retreating from recent levels. Why are BKSY shares down? Jefferies Downgrade Hits A Stretched ChartWith the stock now trading at $48.47 and sitting close to its 52‑week high of $52.88, Jefferies sees limited room for further upside.Konrad also noted that the excitement lifting the stock has been tied to broader enthusiasm around the space sector rather than changes in BlackSky's underlying business. He said recent space‑related headlines have had little to do with the company's core market and have not altered the long‑term bullish thesis. The issue, in Jefferies' view, is simply that the stock has already priced in much of the expected momentum, including the company's projected 20% to 30% annual organic growth path. BlackSky Technical AnalysisEven after Monday's drop, BKSY is still in a clear longer-term uptrend: it's trading 18.8% above its 50-day SMA at $36.04 and 72.9% above its 200-day SMA at $24.77, and the 50-day remains above the 200-day. That combination typically signals that pullbacks are being treated as corrections within an uptrend, until price starts losing those intermediate averages. Near-term, the stock is hovering just 0.7% above its 20-day SMA at $42.52 but is below its 20-day EMA at $43.61, which often acts like a "fast" trend gauge during momentum phases. That setup suggests the stock is testing whether the recent up-move can hold its short-term trend support, or whether it needs more time to consolidate after the May swing high and the March swing low. For momentum, MACD is the cleaner read right now: it's above its signal line and the histogram is positive, which points to improving momentum versus the prior downswing. In plain terms, when MACD is above the signal line, it suggests downside pressure is easing, even if the stock is choppy day-to-day. Key Resistance: $52.88 — the 52-week high from May is the obvious overhead supply zone Key Support: $42.52 — the 20-day SMA is nearby and is a common "line in the sand" during pullbacks BKSY Shares Are PlungingBKSY Price Action: BlackSky shares were down 11.41% at $42.94 at the time of publication on Monday, according to Benzinga Pro. Image: Who is Danny/Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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BlackSky Hits $50: Is Tracking Satellites The Next Big Catalyst? | FMP Stock News | |
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BlackSky Hits $50: Is Tracking Satellites The Next Big Catalyst? |
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BlackSky Awarded NRO Contract Modification to Accelerate Development of AROS as Critical Commercial Alternative for Foundation Imaging | FMP Stock News | |
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-Effort funds rapid development of multi-spectral, large-area mapping spacecraft and foundation data collection system in 2028 HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) was awarded a contract modification to its existing National Reconnaissance Office (NRO) contract to accelerate the development of the company’s AROS broad area collection satellites as a critical commercial alternative to current suppliers for foundation imagery. The effort funds a direct path toward a flight ready multi-spectral, large-area mapping spacecraft and foundation data collection system in 2028. AROS will provide an optimal balance between leap-ahead technology capabilities at very competitive speed and economics and fill anticipated market gaps as aging commercial large area collection satellites come out of service. Share “Developing BlackSky’s AROS constellation in partnership with the U.S. government cements a major step in securing U.S. global space competitiveness, resilience and maintaining critical operational continuity as commercially available foundation data becomes capacity-constrained in the coming years,” said Brian O’Toole, BlackSky CEO. “BlackSky will design, develop and field the next generation of high-performance, AI-ready geospatial foundation data satellites, leveraging the proven heritage and reliability of our advanced Gen-3 architecture and vertically integrated agile manufacturing infrastructure.” These new satellites will be designed to support dynamic country-scale digital mapping, navigation, maritime situational awareness and 3D digital twin applications. The AROS system will operate as an integrated extension of the company’s existing fleet, incorporating BlackSky’s space, software and platform stack and unlocking an entirely new class of scalable, AI capabilities. “AROS will provide an optimal balance between leap-ahead technology capabilities at very competitive speed and economics and fill anticipated market gaps as aging commercial large area collection satellites come out of service,” added O’Toole. Once on orbit, integrating AROS and Gen-3 establishes a complementary tip-and-cue workflow where large-area surveillance can identify activity that drives dynamic point monitoring at national and regional scale. As the satellites work in tandem, AI-enabled analytics that detect and characterize aircraft, vessels and vehicles provide decision makers with real-time strategic and tactical insights over broad geographic areas. The system architecture will also showcase a new proprietary data pipeline designed to feed real-time and retrospective AI analytics, model training and decision support tools and will be ready for deployment and integration into customer workflows within a relatively short timeframe. The modern AROS foundation enterprise is expected to support automated feature extraction, the generation of Earth digital twin systems and expedite the automated production of navigation safety applications. About BlackSky BlackSky is a real-time, space-based intelligence company that delivers on-demand, high frequency imagery, analytics, and high-frequency monitoring of the most critical and strategic locations, economic assets and events in the world. BlackSky owns and operates one of the industry’s most advanced, purpose-built commercial, real-time intelligence systems that combines the power of the BlackSky Spectra® tasking and analytics software platform and our proprietary low Earth orbit satellite constellation. With BlackSky, customers can see, understand and anticipate changes for a decisive strategic advantage at the tactical edge, and act not just fast, but first. BlackSky is trusted by some of the most demanding U.S. and international government agencies, commercial businesses, and organizations around the world. BlackSky is headquartered in Herndon, VA, and is publicly traded on the New York Stock Exchange as BKSY. To learn more, visit www.blacksky.com and follow us on X. Forward-Looking Statements Certain statements in this press release may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect our expectations, plans, or forecasts of future events and views as of the date of this communication. We anticipate that subsequent events and developments will cause their assessments to change. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Additional risks and uncertainties are identified and discussed in BlackSky’s disclosure materials filed from time to time with the SEC which are available at the SEC’s website at http://www.sec.gov or on BlackSky’s Investor Relations website at https://ir.blacksky.com. More News From BlackSky Technology Inc. Back to Newsroom |
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Is Redwire Stock a Buy Ahead of the SpaceX IPO? | FMP Stock News | |
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SpaceX is set to make its public market debut in June and is likely to be the largest initial public offering (IPO) on record. As the company gears up to go public, investors are beginning to pay more attention to space stocks, and for good reason. According to McKinsey, the global space economy could reach $1.8 trillion by 2035.Space is becoming an increasingly important element of national security, and the U.S. is investing heavily in its development, procuring satellites, autonomous systems, spacecraft, sensors, and other key space components. Redwire (RDW +14.90%) is one space company that provides crucial infrastructure and technology to help make this possible. Is the stock a buy ahead of the SpaceX IPO? Today's Change ( 14.90 %) $ 2.21 Current Price $ 17.09 Redwire plays a key role in defense and the growing space industry Redwire operates two distinct segments: a space segment and a defense technology segment. In its space segment, Redwire develops hardware and technology for space infrastructure, including building blocks for spacecraft, like solar panels, robotic arms, and other parts, along with parts that support massive satellite constellations. When NASA's Artemis II mission took flight earlier this year, Redwire's optical imaging and sun sensor technologies were tools utilized on the Orion spacecraft. In its defense technology segment, Redwire builds highly advanced military drones (uncrewed aerial systems) that can fly autonomously, have been combat-tested, and can operate in highly contested, GPS-denied environments. For example, Redwire has delivered hundreds of its Penguin drones directly to the Ukrainian military for use in real-world combat operations. Image source: Getty Images. The company is a major provider and has customers that include the U.S. government, including NASA, the U.S. Army, the Marine Corps, and the Department of Homeland Security. But it also provides components for top aerospace and defense companies, including Lockheed Martin, Boeing, Airbus, and Blue Origin. In April, the U.S. Space Force's Space Systems Command selected Redwire as one of 14 companies to compete under this $1.8 billion contract program to design and build advanced space surveillance and reconnaissance satellites. Earlier this year, it was awarded a multi-award contract for the Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) IDIQ. Redwire's backlog is up to $498 million, and analysts expect 40% revenue growth in 2026 and another 20% in 2027. That said, the business is currently losing money, and analysts don't forecast profitability within the next three years. RDW Revenue (TTM) data by YCharts Redwire is an early-stage company that has secured several key government contract wins, and as a result, the stock has surged 198% year to date. Given the stock's recent surge and lack of near-term profitability, Redwire is best left for aggressive investors with a long-term outlook and willing to stomach sizable price swings. |
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5 Best Leveraged ETFs of May 2026 | FMP Stock News | |
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Key Takeaways Leveraged space and AI-linked ETFs dominated May's top-performing ETF list. Cooling oil prices and strong earnings boosted risk appetite across Wall Street. Sticky inflation and hawkish Fed signals failed to derail the tech-led rally. Wall Street had a spectacular May, with the S&P 500 gaining about 4.9%, the Dow Jones adding about 2.1% and the Nasdaq-100 surging about 10% over the past month (as of May 28, 2026) on U.S.-Iran truce hopes (read: 5 ETF Areas Trading at a 52-Week High).Oil Plunges in May Oil dropped in the month as the United States and Iran tentatively agreed to extend the ceasefire by 60 days, with Brent set for the biggest monthly drop since 2020 on optimism that flows through the Strait of Hormuz may resume, per Bloomberg, as quoted on Yahoo Finance. Upbeat Earnings Season The month was full of earnings releases. The Q1 earnings season has come to an end for nine of the 16 Zacks sectors, with results from 462 S&P 500, or 92.4% of the index’s membership, already out. Total Q1 earnings for the 462 S&P 500 companies that reported through May 20, 2026 results are up +21.1% from the same period last year on +10.4% higher revenues, with 79.9% beating EPS estimates and 78.6% beating revenue estimates. This is a better showing from these companies relative to other recent periods. Tech & Energy Sectors Flex Muscle The Tech sector has been enjoying positive estimate revisions for more than a year now, so the sector’s positive revisions trend is basically more of the same. The Energy sector’s improved earnings outlook is a direct result of the Iran war, as is the upgraded earnings outlook for parts of the Basic Materials sector, particularly the Chemicals industry. Inflation Heats Up The Federal Reserve’s preferred inflation gauge surged to a three-year high in April. The Personal Consumption Expenditures Index rose 3.8% in April as the conflict in the Middle East pushed oil prices higher. That was in line with expectations and up from 3.5% in March. Excluding volatile food and energy prices, the so-called “core” PCE index was up 3.3%, also matching expectations and up a tenth from 3.2% in March, per a Yahoo Finance article. Still, that’s the highest core reading in two and a half years. New York Fed President and FOMC Vice Chair John Williams said Thursday that inflation is likely to remain elevated in the coming months, with headline inflation potentially nearing 4% and core inflation staying above 3%. While Williams expects headline inflation to peak within the next few months, he maintained that the current monetary policy is “in a good place” to address risks stemming from the conflict with Iran. Goldman Sachs COO John Waldron echoed those concerns, calling inflation the biggest risk facing markets, as quoted on the same Yahoo Finance article. No Fed Rate Cut in 2026?Most policymakers continue to support holding interest rates steady for now, though a growing number are unwilling to rule out additional rate hikes if inflation remains high. Fed Governor Lisa Cook said that she is “prepared to raise rates” if inflation fails to moderate in a “timely manner,” as quoted on the same Yahoo Finance article. U.S. Q1 GDP Growth Revised Lower Amid Slow Consumer Spending The U.S. economy grew at an annualized rate of 1.6% in the first quarter of 2026, lower than the initial estimate of 2.0%, reflecting weaker consumer spending and softer business investment. ETFs in Focus Against this backdrop, below we highlight a few winning leveraged ETFs of the month of May. T-REX 2X Long RDW Daily Target ETF (RDWU - Free Report) – Up 515.3% The T-REX 2X Long RDW Daily Target ETF seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Redwire Corporation. The expense ratio of the fund is 1.50%. Redwire Corp. (RDW - Free Report) shares gained about 201% over the past month, thanks to strong investor optimism surrounding the space and defense technology sector, growing demand for satellite infrastructure, and continued momentum in government and commercial space programs. Tradr 2X Long ALAB Daily ETF (LABX - Free Report) – Up 190.0% The Tradr 2X Long ALAB Daily ETF seeks daily investment results, before fees and expenses, that correspond to two times the daily performance of the common shares of Astera Labs Inc. The expense ratio of the fund is 1.50%. ALAB stock rose on AI infrastructure demand and continued optimism for high-speed connectivity and semiconductor-related technologies. Defiance Daily Target 2x Long KEEL ETF (KEEX - Free Report) – Up 286.7% The Defiance Daily Target 2X Long KEEL ETF seeks daily investment results, before fees and expenses, of two times the daily percentage change in the share price of Keel Infrastructure Corp. The expense ratio of the fund is 1.31%. Keel Infrastructure stock rose on growing optimism around its shift toward AI and high-performance computing (HPC) infrastructure, and expectations for future data-center leasing deals. Investors have also responded positively to the company’s expanding AI-focused power infrastructure pipeline and improving liquidity position. Direxion Daily MU Bull 2X ETF (MUU - Free Report) – Up 188.7% The Direxion Daily MU Bull 2X ETF seeks daily investment results, before fees and expenses, of 200% of the performance of the common ETF of Micron Technology, Inc. The expense ratio of the fund is 1.01%. In a historic milestone on May 26, 2026, Micron Technology’s (MU) market capitalization crossed the $1 trillion threshold, driven by an extraordinary 19.3% single-day stock rally that lifted shares to a close of $895.88. This dramatic rally places the memory-chip giant into an elite tier of a few tech titans (read: Tech ETFs to Buy as Micron Technology Joins the $1 Trillion Club). Defiance Daily Target 2X Long RKLB ETF (RKLX - Free Report) – Up 217.3% The Defiance Daily Target 2X Long RKLB ETF seeks daily leveraged investment results of two times the daily percentage change in the share price of Rocket Lab USA, Inc. The expense ratio of the fund is 1.31%. RKLB shares soared due to strong investor enthusiasm around the booming space sector, upbeat earnings, and growing optimism tied to a potential SpaceX IPO. |
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Why Did Redwire Stock Crash Today? | FMP Stock News | |
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Redwire (RDW +14.90%) stock, the space stock that turned itself into a drones stock too when it purchased Edge Autonomy last year, tumbled 15.7% through 12:55 P.M. Monday.You can probably blame Jefferies & Co. for that. Image source: Getty Images. What Jefferies says about Redwire In a note covered on StreetInsider.com this morning, Jefferies analyst Greg Konrad downgraded Redwire from buy to hold at the same time as he raised his price target to account for Redwire's astoundingly successful stock price -- which more than doubled in May. Redwire has actually been fortunate all year long, notes the analyst, more than tripling in share price year to date, primarily on "multiple expansion" -- meaning that investors seem suddenly willing to pay much more for Redwire's sales (and lack of profits) this year than they used to. How to explain this? Jefferies points out the obvious: "general excitement around space has driven the stock price move" in the wake of SpaceX announcing first that it will IPO, then setting a date for the IPO, and finally revealing its prospectus for investors to read. Today's Change ( 14.90 %) $ 2.21 Current Price $ 17.09 What's next for Redwire? So that's the good news: Investors have caught space fever, and thanks almost entirely to SpaceX finally going public, they've decided to buy everything but SpaceX before it does. That doesn't make a whole lot of sense to me, honestly. More worryingly -- to me and apparently to Jefferies, too -- it has made Redwire stock frighteningly expensive. As a result, the analyst warns: "We see limited ... upside from here" after the strong price surge, and in the absence of profits despite revenue gains. My thoughts exactly. If you want to own SpaceX, it makes sense to sell Redwire and buy SpaceX in a couple weeks instead! In fact... that may be exactly what is happening today. Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Redwire. The Motley Fool has a disclosure policy. |
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Breakfast News: GOOG's $80 Billion AI Power Play | FMP Stock News | |
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June 2, 2026 Monday's MarketsS&P 5007,600 (+0.26%)Nasdaq 27,087 (+0.42%)Dow 51,079 (+0.09%)Bitcoin $71,444 (-2.70%) Source: Image created by Jester AI. 1. Alphabet Launches Historic Stock Sale Alphabet (GOOG +1.19%) confirmed it will sell $80 billion in stock, including a $10 billion sum sold to Berkshire Hathaway (BRKB +0.23%), as it seeks more capital to fund AI compute infrastructure to meet "unprecedented customer demand." Berkshire stock was little changed ahead of the opening bell, while Alphabet fell around 2.5%. "Be it power, land, supply chain constraints, how do you ramp up to meet this extraordinary demand for this moment?": CEO Sundar Pichai recently commented compute capacity was what keeps Alphabet execs up at night, with scaling up investments seen as a key way to support the growth opportunity ahead. Berkshire's current Alphabet holding worth around $20 billion: The team at Berkshire have been building a stake in the company since Q3 last year. The additional $10 billion is likely to take it to the third largest portfolio holding, behind Apple (AAPL +1.36%) and American Express (AXP +1.78%). 2. Results Roundup: CRDO Disappoints as HPE Wins Big As highlighted in yesterday's Breakfast News, Ulta Beauty (ULTA +1.20%) and Palo Alto (PANW +6.11%) release earnings after the closing bell today. Ulta has previously been recommended by Team Hidden Gems, while both are recommended by Team Rule Breakers. Another Team RB recommendation: Hewlett Packard Enterprise (HPE +2.88%) rocketed over 25% in pre-market trading thanks to quarterly results beating expectations due to Cloud and AI revenue increasing, with management now expecting 29%-33% revenue growth for the full year. Revenue jumps 157% but slowing growth forecast: Credo Technology (CRDO +11.38%) initially fell over 12% in early trade, before recovering most of those losses, despite posting record revenue and profitability as investors noted a slowing pace of growth for the coming quarter and a concern over gross profit margin compression. 3. Space Stocks Jitter Ahead of SpaceX IPO Space stocks including Rocket Lab (RKLB +9.42%) and Redwire (RDW +14.90%) fell 14.7% and 15.83% yesterday respectively, as the sector takes a pause from a record-breaking rally ahead of the SpaceX IPO. Higher volatility prompts caution: General excitement has been a factor in driving related stocks higher, with Redwire up over 130% in the past month. The short-term move suggests some investors are now looking to reduce exposure ahead of the SpaceX IPO, given the potential for further volatility. "Rocket Lab needs to be viewed as a long-term growth story": Fool contributing analyst Lou Whiteman said last month that although the latest company results don't justify such a high valuation, "there is nothing in the report to suggest Rocket Lab isn't on its way toward growing into the company the market expects in the years to come." The stock is beating the S&P 500 by 204% since the Stock Advisor recommendation by Team HG in July 2025. 4. Your Take Next week's SpaceX IPO is the investment topic du jour, and we continue to bring you takes from Fools on both Team Hidden Gems and Team Rule Breakers. Lou Whiteman on Team HG yesterday noted, "I still expect a successful IPO ... SpaceX's path to the public markets is as complicated as its plan to reach Mars. It's not set up to provide the clarity market watchers love to see. Don't take that uncertainty as a sign the IPO is in trouble." Meanwhile, Team RB's Jim Mueller recently said, "IPOs are designed to get people excited and eager to buy. But the harsh reality is that the vast majority of them end up losing money for investors over the following three to five years. I'd rather remember that and go with the odds. Especially for a company that burns cash and has some really crazy assumptions built into its valuation." On a scale of 1-10, how excited are you about the upcoming SpaceX IPO? (1 = not interested at all, 10 = can't wait to buy). What excites you or what concerns you about SpaceX as an investment? Debate with friends and family, or become a member to hear what your fellow Fools are saying! This image and article was created using Large Language Models (LLMs) based on The Motley Fool's insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. American Express is an advertising partner of Motley Fool Money. The Motley Fool has positions in and recommends Alphabet, American Express, Apple, Berkshire Hathaway, Hewlett Packard Enterprise, Redwire, Rocket Lab, and Ulta Beauty. The Motley Fool recommends Palo Alto Networks. The Motley Fool has a disclosure policy. |
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Why Redwire Stock Shot Up 168% In May | FMP Stock News | |
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Shares of Redwire (RDW +14.90%) shot up 168% in May, according to data from S&P Global Market Intelligence. The space and defense subcontractor is shooting up in anticipation of the SpaceX initial public offering (IPO) as a key supplier of orbital data centers for artificial intelligence (AI).Strong quarterly results were also a catalyst for Redwire's stock price rise last month. Here's what happened, and whether investors should dive into this space economy stock after doubling in such a short time. Today's Change ( 14.90 %) $ 2.21 Current Price $ 17.09 Huge contract wins It may not have the headline contracts compared to a SpaceX or Lockheed Martin, but Redwire is a key supplier to these large space and defense players. Specifically, Redwire sells sensors, energy systems, and spacecraft platforms, and recently moved into military drones with its 2025 acquisition of Edge Autonomy. Related to SpaceX is the potential to sell solar energy systems for AI data centers. SpaceX plans to spend billions, if not tens of billions, on AI computing systems in orbit, which will likely be powered by solar panels that unfold after the satellite data center is deployed. Redwire specializes in these complex solar arrays and could see a boom in demand if AI data centers are the future. Last quarter, we saw the potential of Redwire in action. Revenue grew 58% year over year to $97 million in Q1, and its backlog increased to $500 million due to multiple contract wins. Importantly, Redwire's book-to-bill ratio -- which measures the amount of contract value added to its bookings vs. how much it billed in the period -- was 1.92. This means it booked almost 2x to its backlog compared to billings, which should lead to strong revenue growth in future years. Image source: Getty Images. Should you buy Redwire stock? Redwire is a fascinating business, a potential hidden winner in the space economy. Even after this jump, it still has a market cap of only $4 billion, compared to the massive valuations of stocks like SpaceX and Rocket Lab. When it comes to valuation, Redwire is not profitable, but it trades at a price-to-sales ratio (P/S) of 8.3, which is below that of some of the hottest stocks in the sector at the moment. Strong demand for solar arrays and other orbital solutions that Redwire supplies as the "picks and shovels" of the space economy should drive steady revenue growth in the years ahead. As long as Redwire eventually turns a profit, the stock could be a high-risk winner over the next decade, despite last month's rise. |
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Redwire Stock Rises 235.2% in 6 Months: What Should Investors Do? | FMP Stock News | |
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Key Takeaways RDW jumped 235.2% in six months, beating the aerospace-defense industry and aerospace sector.Redwire faces profit pressure from higher operating expenses and big investments in growth initiatives.RDW delivered its MANUS lunar robotic arm prototype in May 2026 as space and defense demand grows. Redwire Corporation (RDW - Free Report) stock has gained 235.2% in the past six months, outperforming both the Zacks Aerospace-Defense industry’s decline of 5.3% and the broader Zacks Aerospace sector’s gain of 0.8%. It also came below the S&P 500’s return of 10.9% in the same time frame.Image Source: Zacks Investment Research Other industry players, such as Lockheed Martin (LMT - Free Report) and The Boeing Company (BA - Free Report) , have also delivered a similar stellar performance in the past year. Shares of LMT and BA have risen 14.5% and 7.9%, respectively, in the said period. RDW’s recent gains may draw investor attention. However, before investing, it is important to evaluate whether the company’s fundamentals are strong enough to support sustained long-term growth or if the recent rally may be temporary. A closer look at RDW’s growth stability can help investors make a more informed decision. Headwinds for RDWRedwire continues to face profitability challenges as higher operating expenses and ongoing investments in growth initiatives put pressure on near-term earnings. While these investments are important for expanding the company's capabilities and market presence, they may limit profitability in the short run. The company also operates in a highly competitive and capital-intensive industry, where rising development and manufacturing costs can affect margins and cash flow. Redwire’s efforts to grow its space infrastructure and mission-related businesses require substantial investment, which may continue to weigh on financial performance over the near term. In addition, supply-chain disruptions and labor shortages across the aerospace and space industries remain potential challenges. These issues could result in production delays and increased operating costs for Redwire. Larger aerospace and defense companies such as Lockheed Martin and Boeing also face similar supply-chain and workforce pressures, highlighting broader industry-wide challenges. Redwire is further exposed to risks related to government contract funding, changing budget priorities and possible delays in mission execution, which could impact its growth and profitability. Tailwinds for RDWRedwire is benefiting from increasing demand across the space and defense sectors, driven by higher investments in lunar exploration, space infrastructure and advanced military technologies. Continued support from government organizations, such as NASA, the European Space Agency and the U.S. Army, is creating new growth opportunities for the company. In May 2026, Redwire reached an important milestone in its space business with the successful development, testing and delivery of its MANUS lunar robotic arm prototype. The system is designed to assist with payload handling and unloading during future lunar missions. The successful tests demonstrated the arm’s strong performance and reliability, reinforcing Redwire’s position in lunar exploration technology. With continued momentum in both its space and defense businesses, Redwire is well-placed to capitalize on growing opportunities in these expanding markets. Estimates for RDW’s Sales and EarningsThe Zacks Consensus Estimate for RDW’s 2026 sales implies year-over-year growth of 41%. The consensus estimate for its 2026 earnings indicates a year-over-year increase of 57.3%. Image Source: Zacks Investment Research The downward revision in its 2026 and 2027 earnings over the past 60 days suggests investors’ decreasing confidence in this stock’s earnings generation capabilities. Image Source: Zacks Investment Research RDW’s ValuationIn terms of valuation, RDW’s forward 12-month price-to-sales (P/S) is 7.71X, a premium to the industry average of 2.51X. This suggests that investors will be paying a higher price than the company's expected earnings growth compared with its industry average. Image Source: Zacks Investment Research Lockheed Martin and Boeing are trading at a discount in comparison with RDW. LMT’s forward 12-month P/S is 1.47X, while BA’s forward 12-month P/S is 1.67X. What Should an Investor Do Now?Redwire is benefiting from strong revenue growth and growing participation in both commercial and government-supported space programs. However, higher operating expenses and execution-related challenges continue to pose risks to its growth outlook. The stock’s valuation also remains higher than the industry average, which may limit its near-term upside potential. Furthermore, analysts have lowered their earnings estimates for 2026 and 2027 over the past two months, indicating a more cautious outlook for the company’s future profitability. Given these challenges, it is advisable to avoid the stock at present. RDW currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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Redwire Awarded a Contract from Astrobiome Space to Launch Inaugural Space Agriculture Mission in World's First Commercial Space Greenhouse | FMP Stock News | |
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LUXEMBOURG--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in space and defence technology solutions, announced today that it has been awarded a contract from Astrobiome Space S.à r.l., a Luxembourg-based biotech company pioneering microbiome solutions for regenerative space agriculture, to grow strawberries and test Astrobiome Space’s proprietary soil enhancement product inside Redwire’s Greenhouse systems on board the International Space Station (ISS). This award marks the inaugural flight for Redwire’s trailblazing Greenhouse system—the world’s first commercial space greenhouse.The Redwire Greenhouse provides a simple, scalable commercial solution for customers seeking to advance crop science from benchtop laboratory facilities to true production in space. Along with supporting long-term NASA exploration plans, the Redwire Greenhouse will also provide unprecedented research opportunities for institutional and commercial customers with various plant science and industrial research goals. The Greenhouse leverages flight-qualified plant growth technology, including the Passive Orbital Nutrient Delivery System (PONDS) devices developed in partnership with Tupperware Brands and currently operated by Redwire on the ISS. For this inaugural mission, Astrobiome Space's biostimulant -- developed from microbes adapted to the extreme space environments -- will be used to grow the first wild-strawberries ever cultivated in orbit. The product is expected to enhance the fruit's natural resilience and nutrient density, including higher levels of vitamin C, potassium, flavonoids, polyphenols, and antioxidants, bringing orbital crops closer to the quality of wild-grown produce on Earth. Astrobiome Space will begin growing test crops in the Greenhouse system on Earth in June, in preparation for the ISS flight. “This contract with Astrobiome Space marks an exciting step forward in advancing critical technology for sustainable life-support systems beyond Earth,” said Marc Dielissen, Executive Vice-President of Redwire Europe. “With our Greenhouse platform, we are not only enabling fundamental research, but we are also demonstrating the practical cultivation of fresh food in space—including crops such as strawberries and fungi. These capabilities are essential as we prepare for long-duration missions and future habitats, while also generating valuable insights to improve agricultural practices here on Earth.” "I dream of going to Mars knowing I can still taste the Earth," said Vera Mulyani, Founder and CEO of Astrobiome Space. "The first strawberry grown in space will be tiny, but its flavor will carry the whole story of the forest and the turning seasons. With Astrobiome®, we carry the living wilderness of our planet wherever we go.” Redwire Europe is a leader in cutting-edge microgravity research and life support technologies, working with trailblazing government, commercial, and academic researchers, including the European Space Agency. Redwire’s Luxembourg facility designs and develops advanced robotic arm systems that support a wide range of mission needs, including satellite servicing, refueling, payload management, and in‑space manufacturing. The facility’s engineering expertise also drives innovations in debris capture and other emerging on‑orbit servicing applications. About Redwire Redwire Corporation (NYSE:RDW) is an integrated aerospace and defence company focused on advanced technologies. We are building the future of aerospace infrastructure, autonomous systems, and multi-domain operations leveraging digital engineering and AI automation. Redwire’s approximately 1,400 employees located throughout Europe and North America are committed to delivering innovative space and airborne platforms transforming the future of multi-domain operations. For more information, please visit RDW.com. About Astrobiome Space Astrobiome Space is a Texas and Luxembourg-based biotechnology company developing space-adapted microbiome solutions and super-postbiotics for regenerative agriculture and human resilience. Drawing on extreme-environment microbiology and advanced fermentation, the company creates proprietary Champion Strains™ and bioactive metabolite complexes that enhance crop performance in space while delivering functional health benefits for Earth applications. Astrobiome Space is working with its pioneering Japanese R&D partners and European government in the space sector, including the European Space Agency, Luxembourg Space Agency, and US commercial partners in precision health and longevity market. For more information, visit https://astrobiome.space. |
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Dow Soars Over 800 Points to Record High as Tech Wanes | FMP Stock News | |
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The Dow Jones Industrial Average (DJI) is surging to record highs, up over 800 points and heading for its largest single-day percentage gain since April as investors rotate out of tech and into old economy stocks. Broadcom's (AVGO) post-earnings selloff sparked the chip sector woes, with the Nasdaq Composite (IXIC) firmly lower in response. Meanwhile, the S&P 500 Index (SPX) is trading flat after yesterday snapping a nine-day win streak. Continue reading for more on today's market, including: Software stock plummets despite earnings beat. UnitedHealth Group stock upgraded ahead of earnings. Plus, options traders target VEEV; RDW awarded agricultural space contract; and WOOF slides after mixed results. Veeva Systems Inc (NYSE:VEEV) is seeing unusual options activity today. Options traders are targeting the cloud computing name at six times the intraday average volume after strong first-quarter earnings and revenue results, with 4,978 calls and 2,377 puts exchanged so far. The June 220 and 180 calls are the most popular. VEEV has struggled in 2026, sinking 20% so far, last seen down 0.2% at $178.25 despite its upbeat report. One of the top performers on the New York Stock Exchange (NYSE), Redwire Corp (NYSE:RDW) was last seen up 19.3% at $22.18, after the company was awarded a contract from biotech name Astrobiome Space to grow strawberries and test Astrobiome Space's proprietary soil enhancement product on board the International Space Station (ISS). Rebounding from a four-day losing streak that came after a 52-week high, the shares are up 181.8% year to date. Petco Health and Wellness Company Inc (NASDAQ:WOOF) is down 16.9% to trade at $2.53, pulling back to familiar support at the $2.50 level after mixed first-quarter results. WOOF is now down 9.8% since the start of the year. |
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Why Redwire Stock Is Skyrocketing Higher Today | FMP Stock News | |
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Shares of multi-domain space and defense company Redwire (RDW +14.90%) are 18% higher as of 11 a.m. ET on Thursday after it was awarded yet another space contract. Redwire announced a contract with Astrobiome Space, a " biotech company pioneering microbiome solutions for regenerative space agriculture." The contract is:to grow strawberries and test Astrobiome Space's proprietary soil enhancement product inside Redwire's Greenhouse systems on board the International Space Station (ISS). This award marks the inaugural flight for Redwire's trailblazing Greenhouse system--the world's first commercial space greenhouse. Image source: Getty Images. Astrobiome hopes to use its biostimulants to grow the first-ever wild strawberries in orbit, potentially strengthening life-support systems beyond Earth, or possibly improving agricultural practices back on Earth. This deal demonstrates Redwire's engineering expertise by integrating custom components into space-ready platforms for its aerospace customers. In that sense, it is much more than growing strawberries in space. Whether it is the company's PIL-BOX (Pharmaceutical In-space Laboratory-Bio-crystal Optimization Xperiment) device, its solar panel arrays, or its thousands of parts and sensors, Redwire is quickly becoming a one-stop shop for the components needed for a space mission. Today's Change ( 14.90 %) $ 2.21 Current Price $ 17.09 While I love seeing deals like these for Redwire, investors need to realize that the stock is still very young, volatile, and dilutive to shareholders for now, as it frequently issues shares to acquire complementary businesses. Furthermore, the company's 2025 acquisition of Edge Autonomy pushed the company into the combat-proven uncrewed airborne systems (UAS) niche, weighing heavily on margins recently. That said, Redwire's first-quarter gross margin improved from 14.7% to 26.6% year over year, and the company grew sales and backlog by 58% and 71%, respectively. Trading at 9 times sales, Redwire isn't likely to be a smooth ride for prospective investors as it tries to become the main "picks and shovels" supplier to the broader space industry. However, if margins keep improving and management proves to be a shrewd capital allocator as they make acquisitions, Redwire could prove to be a powerful growth stock -- but it's very early, and the stock has already nearly tripled year to date. Josh Kohn-Lindquist 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. |
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Why Is Redwire Stock Soaring Thursday? | FMP Stock News | |
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The announcement sent Redwire shares nearly 16% higher as investors welcomed a new commercial space agriculture milestone.The gain followed a sharp pullback earlier this week, when Redwire shares fell 15% after Jefferies downgraded the stock to Hold from Buy on valuation concerns, despite raising its price forecast to $24. Short Squeeze Likely Added FuelThursday’s move may have been amplified by short covering. Approximately 17.96% of Redwire’s public float was sold short, creating conditions for a potential short squeeze as bullish traders piled into the stock following the contract announcement. First Strawberries To Be Grown In SpaceThe mission will test Astrobiome Space’s microbial biostimulant while growing wild strawberries in orbit, marking the first cultivation of the fruit in space. Astrobiome Space expects the product to improve crop resilience and nutrient density. Redwire said its Greenhouse platform is designed to support long-duration space missions and advance commercial space agriculture. Astrobiome Space will begin Earth-based testing this month ahead of the ISS flight. “This contract with Astrobiome Space marks an exciting step forward in advancing critical technology for sustainable life-support systems beyond Earth,” said Marc Dielissen, Executive Vice-President of Redwire Europe. Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $16.80. Recent analyst moves include: Jefferies: Downgraded to Hold (Raises forecast to $24.00) (June 1) Canaccord Genuity: Buy (Raises forecast to $14.00) (May 11) Truist Securities: Upgraded to Buy (Raises forecast to $15.00) (March 9) Redwire Technical AnalysisRDW stock remains well above its key trend lines. The stock trades about 32% above its 20-day simple moving average of $16.25. It also trades roughly 126% above its 200-day simple moving average of $9.47. That shows how strong the longer-term rally has been. The bullish setup also remains intact. The 20-day SMA is above the 50-day SMA. A golden cross in April also keeps the broader trend pointed higher. Momentum still looks positive. The MACD is above its signal line. The histogram is also positive. That suggests buyers still have control after the recent pullback. Still, the stock looks extended. When a stock trades this far above its moving averages, any loss of buying pressure can lead to a sharp pullback. Key Resistance: $26.64. This is the 52-week high from May. Key Support: $16.25. This is the 20-day SMA and the nearest major trend support. RDW Stock Price Activity: Redwire shares were up 15.84% at $21.57 at the time of publication on Thursday, according to Benzinga Pro data. Image via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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Redwire is a Contract Success Story You'll Regret Not Buying on the Next Dip | FMP Stock News | |
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At $22.04, Redwire (NYSE:RDW) carries a ‘hold’ framing, with the thesis hinging on a pullback before the risk/reward improves. The space and defense contractor has gone vertical, and the gap between its share price and Wall Street’s target now defines the entire investment debate.Redwire builds satellite components, in-space robotics, solar arrays, and tactical drones for NASA, the Pentagon, and allied European defense ministries. After acquiring Edge Autonomy in 2025, it became an “integrated, multi-domain space and defense tech company,” per CEO Peter Cannito. A run of marquee contract wins, including a $1.8 billion Andromeda IDIQ for advanced spacecraft and a $15 million U.S. Army Stalker order, has fueled a parabolic move. The stock has climbed 190% year to date and 127.69% in the past month alone, brushing a 52-week high of $23.10. Why the Backlog and Contract Cadence Justify a Premium Demand is real and accelerating. Q1 FY2026 revenue grew 57.95% year over year to $96.97 million, gross margin expanded to 26.6% from 14.7%, and contracted backlog hit a record $498.08 million on a 1.92 book-to-bill. The pipeline is loaded: a $44 million DARPA Otter award for VLEO operations, a high eight-figure NATO Penguin Mk3 contract, and the Andromeda IDIQ with a ceiling flagged to rise above $6 billion. Management reaffirmed $450 million to $500 million in FY2026 revenue. Why $22 Looks Like a Speculative Top Redwire is still losing money. Q1 produced a $76.5 million net loss, negative free cash flow of $12.7 million, and EPS of -$0.40 against a -$0.1478 estimate. Profitability is not expected before 2029. Valuation has detached from fundamentals. The price-to-sales ratio sits at 11.59, and an active $350 million at-the-market program threatens material dilution. Insider behavior is louder still: AE Red Holdings has disposed of tens of millions of shares since March, with over $229 million in insider sales over three months. Why Patience Beats Conviction Here The operating story is strengthening while the trading setup deteriorates. Beta of 2.42 and a one-week gain of 58.45% point to a stock running ahead of any reasonable near-term catalyst. Selling the secular story is premature; chasing $22 ahead of dilution and another likely earnings miss is the bigger risk. The path to conviction requires either a meaningful pullback toward fair value or evidence that backlog is converting into positive adjusted EBITDA and free cash flow. What the Tape and the Targets Disagree On Redwire currently trades at $22.04 against a consensus analyst target of $14.33, implying roughly 26.92% downside if the Street is right. Targets are one input among many, and the rally has clearly outrun them. Coverage skews bullish on the business while skeptical on price. Among 10 analysts, the breakdown is: Buy: 8 Hold: 1 Sell: 1 Year to date, RDW is up 190%, while the S&P 500 has returned in the single digits over the same window, a dramatic divergence that itself argues for caution. The Verdict on Redwire at $22 At $22, Redwire is a Hold. Here is why. The fundamental story has improved materially. Revenue growth near 58%, a record backlog, and a 1.92 book-to-bill say this is a real contract-winning machine. The trading setup is the problem. The stock is up 127.69% in a month, trades 36.8% above 247Wall St.’s fair value of $16.11, and faces a $350 million ATM that could pressure shares. The buy trigger is a pullback into the high teens combined with confirmation that adjusted EBITDA is turning. The sell trigger is failed backlog conversion or accelerated ATM issuance into weakness. Until one resolves, the cost of waiting is small relative to the cost of buying near a 52-week high with insiders unloading. Holding here respects the business while refusing to chase the chart. |
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Redwire Stock Falls After Company Launches $500 Million ATM Equity Offering | FMP Stock News | |
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Redwire Corp (NYSE:RDW) shares are trading lower on Tuesday after the company announced a new at-the-market equity offering.Redwire stock is feeling bearish pressure. Why is RDW stock falling? Redwire launched an at-the-market equity offering on Tuesday, allowing the company to sell up to $500 million in common stock over time. The offering is structured as a continuous ATM, meaning shares can be sold incrementally rather than in a single raise, giving Redwire flexibility on timing and size. Redwire plans to use the net proceeds for general corporate purposes including working capital, debt repayment or refinancing, strategic acquisitions or investments and R&D to accelerate product development. Redwire had total liquidity of $175.2 million as of March 31, including $144.5 million in cash and cash equivalents. The company also announced an equity distribution agreement to offer and sell up to $350 million of common stock from time to time when it reported earnings last month. Technicals Show Mixed Signals Despite Bullish TrendRedwire is currently positioned above its 50-day, 100-day, and 200-day simple moving averages, indicating a strong bullish trend. The 20-day SMA is slightly below the current price, suggesting a potential for upward momentum if the stock can maintain this positioning. The RSI is at 59.14, which is in neutral territory, indicating that the stock is neither overbought nor oversold at this time. This level suggests that there is still room for upward movement before reaching overbought conditions. MACD is currently below its signal line, indicating bearish pressure in the short term. Traders should be cautious as this could signal a potential pullback or consolidation phase before any further upward movement. Key support is at 14.50 and resistance is at 17.50, which traders should monitor closely. A break below support could signal a trend reversal, while a move above resistance may confirm continued bullish momentum. The golden cross in May, when the 50-day SMA crossed above the 200-day SMA, reinforces the bullish trend for Redwire. This crossover is a strong signal for traders looking for longer-term buying opportunities. Over the past 12 months, Redwire has gained 5.03%, reflecting a positive longer-term trend despite recent volatility. This performance indicates that the stock has been able to maintain upward momentum over a significant period, which could attract more investors looking for stability. Redwire Shares RetreatRDW Price Action: Redwire shares were down 8.67% at $16.96 at the time of publication on Tuesday, according to Benzinga Pro. Image via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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Why Did Redwire Stock Crash Today? | FMP Stock News | |
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Redwire (RDW +14.90%) stock, the space stock that turned itself into a drones stock too when it purchased Edge Autonomy last year, tumbled 14.3% through 10:50 a.m. Tuesday.It has only itself to blame. Image source: Getty Images. Redwire needs cash In a filing with the SEC this morning, Redwire announced plans to issue and sell, "from time to time," up to $500 million worth of new stock. No specific price was named for the share offering, with the shares to be sold "at-the-market" -- meaning at whatever price Redwire can get for them, on the day(s) it tries to sell them. The company plans to use any funds raised through the share sales for "working capital purposes and other general corporate purposes, which may include repayment or refinancing of outstanding debt, financing strategic acquisitions or investments, and financing research and development activities to accelerate the development of our products and solutions." Today's Change ( 14.90 %) $ 2.21 Current Price $ 17.09 What this means for Redwire stock In other words, Redwire is raising cash basically just to remain in business. And the reason it's doing this is that Redwire cannot currently generate sufficient cash to remain in business on its own. According to data from S&P Global Market Intelligence, Redwire burned through just over $155 million in negative free cash flow over the past 12 months, while racking up GAAP losses of more than $300 million. With cash reserves of less than $145 million at last report (and $132 million in long-term debt), Redwire had less than one year before it would run out of cash. The good news is that Redwire's stock sale should give the company three years' breathing room before another cash crunch strikes. The bad news is... Redwire may need it. Free cash flow isn't expected to arrive before 2028 at the earliest. Rich Smith 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. |
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Stocks Sharply Reverse Gains, Nasdaq Drops Over 500 Points | FMP Stock News | |
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Stocks are lower across the board, reversing this morning's gains as the chip rally fizzles. The Nasdaq Composite Index (IXIC) is down a whopping 504 points, while the S&P 500 Index (SPX) and Dow Jones Industrial Average (DJI) sit firmly in the red as well. Meanwhile, West Texas Intermediate (WTI) crude is down 4.5%, after U.S. Energy Secretary Chris Wright said tanker traffic through the Strait of Hormuz is "rising very meaningfully," as President Trump continues negotiations with Iran. Continue reading for more on today's market, including: Biopharma stock soars on $10.6 billion buyout. Vail Resorts stock hit with bear notes after earnings miss. Plus, options bulls eye CROX; ODC hits record highs; and RDW slides on equity offering. Call traders are targeting Crocs Inc (NASDAQ:CROX) today, after an upgrade from Baird to "outperform" from "neutral," with a price-target hike to $150 from $115. CROX has seen nine times its intraday average in call volume, with the most activity at the June 140 call, where new positions are being sold-to-open. The equity was last seen up 6% at $127.92, earlier tapping its highest mark since October 2024. Pacing the top of the New York Stock Exchange's (NYSE) this afternoon is Oil-Dri Corporation of America (NYSE:ODC), up 12.9% to trade at record highs near $95, after the company's record fiscal third-quarter revenue and earnings growth. Year to date, the equity is up 93.2%. Aerospace and defense stock Redwire Corp (NYSE:RDW) is down 11.4% at $16.44, after the company entered into an equity distribution agreement allowing it to sell up to $500 million in common stock offerings. Though sliding further from its late-May 52-week peak, the shares are still up 106% year to date. |
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Unhappy With Redwire's Dilution? 5 Space and Defense Stocks to Buy Instead | FMP Stock News | |
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Redwire (NYSE: RDW) is the space-and-drones story dominating retail feeds right now, riding a 107.2% year-to-date run on record backlog and a viral “drones plus space” thesis. But the data underlying the rally tells a different story.The dilution complaint is well-documented. Redwire’s Q1 shareholders’ equity ballooned 1,531% to $1.09 billion, distorted by stock-based compensation, including a $42.5 million accelerated equity charge tied to Edge Autonomy incentive units. AE Industrial Partners converted Series A Convertible Preferred Stock and acquired 15,247,586 common shares at $3.05 on May 18, after liquidating tens of millions of shares across April at descending prices, including 21,365,909 shares at $10.85 on April 22. Layer in a $500 million at-the-market share-sale program, repeated Form 144 filings, and management’s own flag of material weaknesses in internal controls. Q1 revenue missed consensus by 7.33%, and adjusted EPS also fell short. The stock has already dropped 23.5% in the past week. At 10.28x trailing sales with −$2.59 TTM EPS, retail investors are paying full price even as the share count keeps climbing. Kratos: The Clean Dilution Escape Kratos Defense & Security Solutions (NASDAQ: KTOS) is the alternative that directly addresses the dilution concern. Here are three reasons it stands out compared to Redwire on the metrics retail investors are debating: 1. It is profitable and raising guidance. Q1 adjusted EPS came in at $0.16, a 19.2% beat, with revenue of $371 million (+22.6% year over year) and net income of $11.9 million. Management raised FY26 revenue guidance to $1.70 billion to $1.76 billion, the fourth consecutive guidance raise. 2. The budget tailwind is generational. CEO Eric DeMarco told investors that “Fiscal 2027 National Security spend is currently projected to be $1.5 trillion, an approximate $400 billion increase above Fiscal Year 2026,” with Kratos sitting on Valkyrie CCA, Hypersonic, Solid Rocket Motors, and Jet Engines for Drones programs. 3. Strong backlog and execution. Kratos has a $2.01 billion backlog, 1.6x book-to-bill ratio, and Unmanned Systems organic growth of 30.9%. EBITDA margins are expanding by roughly 100 basis points annually through FY27. Four More Names to Compare Against Redwire Rocket Lab (NASDAQ: RKLB | RKLB Price Prediction) is the mature, diversified platform. Its Q1 revenue totaled $200.35 million (+63.5% year over year), and it has a $2.2 billion backlog and non-GAAP gross margins of 43.0%. CEO Peter Beck flagged “access to more than $2 billion in liquidity” alongside a Golden Dome program selection alongside Raytheon. Planet Labs (NYSE: PL) brings the recurring-revenue satellite-data model. It posted Q1 revenue of $94.15 million (+42% year over year), remaining performance obligations up 81% year over year to $816 million, and 99% recurring annual contract value. FY27 guidance targets adjusted EBITDA breakeven. AST SpaceMobile (NASDAQ: ASTS) is the higher-octane swing. Q1 2026 revenue of $14.74 million rose sharply year over year but missed consensus expectations. AST SpaceMobile carries a $3.03 billion cash position and is targeting about 45 BlueBird satellites in orbit by year-end 2026. 2027 revenue is projected to approach $1 billion. Intuitive Machines (NASDAQ: LUNR) is the lunar-logistics play. It posted record Q1 2026 revenue of $186.73 million (nearly triple the prior-year figure) and achieved positive adjusted EBITDA of $2.7 million. Driven by the Lanteries acquisition and its fifth NASA CLPS contract award, the company’s backlog surged to a record $1.1 billion. Management reaffirmed 2026 revenue guidance of $900 million to $1 billion, bolstered by a new $6.24 billion Space Force Andromeda IDIQ contract. For investors weighing the dilution risk against the sector’s budget tailwind, the profitable defense names have the contract wins to justify their multiples. |
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The Space Economy Just Got an On-Ramp to Wall Street | FMP Stock News | |
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Issued on behalf of Starfighters Space, Inc.For years the most exciting companies in space stayed stubbornly private. That era is ending in a single week — and the way capital reaches the sector may never look the same. Baystreet.ca News Commentary CAPE CANAVERAL, /PRNewswire/ -- There are two ways a company can find its way into the portfolios of the world's largest investors. The first is the one everyone talks about: a story so compelling that analysts champion it, fund managers buy it, and momentum builds. The second is quieter, more mechanical, and in many ways more powerful — a company simply grows large enough to cross an objective threshold, and the machinery of global index investing pulls it in automatically. This week, the commercial space sector is experiencing both at once, and the combination is turning what was once a niche, venture-funded frontier into a mainstream, publicly investable asset class. The mechanical signal came when Starfighters Space, Inc. (NYSE: FJET) announced it had been added to the broad-market Russell 3000® Index, effective when U.S. markets open on June 29, 2026, as part of the first 2026 Russell reconstitution. The narrative signal — louder, and arriving the very same week — is the long-awaited public debut of SpaceX, the company that more than any other came to define the modern space age while remaining tantalizingly out of public reach. Taken together, they mark something larger than any single stock: the space economy is being wired directly into the plumbing of public markets. Why Index Inclusion Is More Than a Trophy Most catalysts that move a young stock depend on persuasion. Index inclusion does not. Membership in the Russell indexes is determined primarily through objective market-capitalization rankings and style attributes — not a committee weighing a company's prospects. A company is either large enough on the measurement date, April 30 this year, or it is not. Clearing that screen has compounding consequences: inclusion in the Russell 3000® brings automatic membership in either the large-cap Russell 1000® or the small-cap Russell 2000®, plus the relevant style indexes, and with it the attention of the index funds and benchmarked managers that track them. The scale of that gravitational field is hard to overstate. According to data as of mid-2025, roughly $12.2 trillion in assets are benchmarked against the Russell U.S. indexes. And this year's reconstitution was unusually expansive: FTSE Russell reported the total market capitalization of the Russell 3000® rose about 29%, from $58.4 trillion to $75.6 trillion, as of the April 30 rank day. When the index expands and is recut, room opens at the threshold for companies that have grown into the size band — and capital markets have been notably receptive to space and defense names. For Starfighters, a company that completed its IPO only in December 2025, arriving on one of the world's most-followed benchmarks inside its first seven months as a public company is an unusually fast trip from the listing bell to the index card. CONTINUED … Learn more about Starfighters Space, Inc. at: https://usanewsgroup.com/fjet-profile/ The Capstone: SpaceX Comes to Market If Russell inclusion is the on-ramp, the SpaceX IPO is the eighteen-wheeler about to merge onto the highway. After filing its public S-1 prospectus in May 2026 and applying to list on Nasdaq under the symbol SPCX, the company widely regarded as the most important private space enterprise in history is, as reported, on the cusp of its market debut later this week, with pricing expected imminently. The figures attached to it are staggering: reporting has pointed to a share price around $135 and a valuation measured in the trillions of dollars, with a raise that, if achieved at the high end, would rank among the largest initial public offerings ever completed. (These figures are as reported and remain subject to final pricing.) The importance for the sector is not really about one stock, however large. It is about what a successful mega-listing does to the category. It gives public investors a direct, liquid way to own the orbital economy's flagship name; it forces a market-clearing price discovery on space assets that until now traded only in private rounds; and it draws a wave of institutional attention toward every adjacent company that offers exposure to the same theme. A rising tide of capital looking for space exposure does not stop at a single ticker — it spreads across the names that make up the rest of the ecosystem. The Ecosystem Riding the Wave To understand why this is a sector story and not a single-company one, it helps to look at the range of public companies now competing for that institutional attention. Each offers a different lens on where capital is flowing across the modern space landscape. Rocket Lab Corporation (NASDAQ: RKLB) has become the closest thing the public markets have to a SpaceX analogue, and its run reflects it: the stock reached fresh all-time highs around the mid-$140s in 2026, and it has expanded aggressively, including a spacecraft-robotics acquisition that pushes it further toward end-to-end mission capability and even Mars ambitions. Rocket Lab shows how hungry public investors are for a scaled, vertically integrated launch-and-space-systems story they can actually buy. Intuitive Machines, Inc. (NASDAQ: LUNR) represents the lunar-economy thesis, building landers and services aimed at the renewed global push toward the Moon. As one of the names most associated with commercial lunar delivery, it illustrates how the investable space sector now reaches well beyond Earth orbit — and how richly the market is willing to value companies positioned for NASA-era Moon programs. Redwire Corporation (NYSE: RDW) anchors the in-space infrastructure and manufacturing layer, supplying components, structures, and capabilities used across satellites and missions. Its strong 2026 performance underscores investor appetite for the "picks-and-shovels" providers that supply the broader build-out rather than any single launch. Velo3D, Inc. (NASDAQ: VELO) rounds out the group from the supply-chain side, providing metal additive-manufacturing systems used to build mission-critical components for space, aviation, and defense programs. After reporting first-quarter 2026 revenue up 48% year-over-year and reaching a positive gross-margin inflection, Velo3D illustrates how the orbital build-out lifts not just launch and satellite names but the specialized manufacturers that supply the hardware behind them. These companies are referenced to illustrate the breadth of the sector, not to imply any partnership, endorsement, affiliation, or comparable financial performance; they span vastly different sizes and stages. Where Starfighters Fits Within that landscape, Starfighters Space occupies a genuinely differentiated niche. Rather than building rockets or satellites, the company operates what it describes as the world's only flight-ready MACH 2+ supersonic aircraft fleet, flying from NASA's Kennedy Space Center. The concept behind air-launch is elegant: releasing a vehicle from an aircraft already moving fast and flying high means the launch system inherits altitude and velocity it would otherwise have to generate itself, and because the platform is an aircraft rather than a fixed pad, it carries the promise of runway-based responsiveness and reusable hardware. "We believe our inclusion in the Russell 3000® Index represents an important milestone in Starfighters Space's evolution as a publicly traded space company," said CEO Tim Franta, framing the event as a reflection of growing awareness of the company's differentiated platform. It is worth being clear-eyed: Starfighters is an early-stage, small-cap company whose shares have been volatile, and index inclusion changes visibility, not fundamentals. The real test ahead is commercial execution, not index mechanics. But the timing places the company inside one of the most powerful currents in the market right now — a sector being institutionalized in real time. A Week That Resets the Map Step back and the picture is striking. In a single week, the broadest benchmark in U.S. equities is formally ingesting space companies, and the sector's defining private giant is stepping onto the public stage. For a decade, owning the frontier of space meant access to private rounds most investors could never reach. That wall is coming down. The question for the rest of the year is no longer whether the space economy is investable — it is which companies, across which layers of the ecosystem, capture the attention now flooding in. The on-ramp is open, and the traffic is just beginning to build. CONTINUED … Learn more about Starfighters Space, Inc. at: https://usanewsgroup.com/fjet-profile/ POWERED BY EAGLE EYE Track the signal, not the noise. Eagle Eye delivers real-time investor intelligence — aggregating social, forum, and news data across the tickers that matter, so you can see what the market is talking about before it moves. Explore it now at Eagle-Eye.dev CONTACT: Baystreet.ca [email protected] 604-265-2873 SOURCES: [1] Starfighters Space, Inc. — "Starfighters Space (NYSE: FJET) Added to Membership of Russell 3000® Index" (Business Wire, June 3, 2026; index inclusion effective June 29, CEO Tim Franta quote, company profile): https://finance.yahoo.com/markets/stocks/articles/starfighters-space-nyse-fjet-added-100000658.html [2] FTSE Russell / Investing.com — Russell U.S. indexes 2026 reconstitution detail ($12.2T benchmarked; Russell 3000 total market cap up 29% to $75.6T; rank day April 30): https://www.investing.com/news/company-news/starfighters-space-added-to-russell-3000-index-effective-june-29-93CH-4723661 [3] Capital.com — SpaceX IPO overview (public S-1 May 20, 2026; Nasdaq application as SPCX; reported ~$135/share, pricing June 11, debut June 12; Starlink ~58% of revenue; figures as reported and subject to final pricing): https://capital.com/en-int/learn/ipo/spacex-ipo [4] Bloomberg — "How SpaceX's Dream of a Record-Breaking IPO Stacks Up" (raise reported up to ~$75B; valuation in the trillions; would rank among largest IPOs in history): https://www.bloomberg.com/graphics/2026-spacex-ipo-stock-market-nasdaq-listings/ [5] Stocktwits — space-sector trading coverage around the SpaceX listing (peer names RKLB, LUNR, RDW, VELO and sector sentiment): https://stocktwits.com/news-articles/markets/equity/rklb-lunr-rdw-rise-musk-ai-satellite-vision/cZ0Ud6JR7bl DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution, and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This communication is being distributed by Baystreet.ca on behalf of Market IQ Media Group, Inc. ("MIQ"), as a digital media distribution and not as a paid advertisement in the traditional sense. MIQ has been paid a fee for Starfighters Space, Inc. advertising and digital media by Creative Direct Marketing Group ("CDMG"). USA News Group distributes this communication on behalf of MIQ regardless of the brand under which it appears. MIQ does not own any shares of Starfighters Space, Inc. and reserves the right to buy and sell shares of Starfighters Space, Inc. at any time without any further notice. There may be 3rd parties who may have shares of Starfighters Space, Inc. and may liquidate their shares which could have a negative effect on the price of the stock. All material disseminated by MIQ on behalf of Starfighters Space, Inc. has been reviewed and approved by CDMG; this is a digital media distribution. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our publication is not trustworthy unless verified by their own independent research. Comparisons to other companies referenced in this publication are for contextual and illustrative purposes only and do not imply any partnership, endorsement, affiliation, or comparable financial performance. References to third-party companies, indexes, and the SpaceX initial public offering are for context only; MIQ has no relationship with and is not compensated by any of those parties. Forward-looking statements regarding index inclusion, the SpaceX offering, market growth, and company plans are subject to risks and uncertainties, and actual results may differ materially. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. |
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2026-06-11 20:51
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2026-06-11 01:05
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Is Redwire a Millionaire-Maker Stock? | FMP Stock News | |
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Elon Musk's space industrial giant, SpaceX, is expected to launch its much-anticipated initial public offering (IPO) this week. But while the stock isn't available yet, that hasn't stopped eager investors from bidding up the valuations of other space-related companies.Redwire (RDW +14.93%) is a great example, with its share up by a whopping 105% so far this year. Let's dig deeper to find out if this rally is the start of a long-term bull run or just a temporary hype-driven boom. Today's Change ( 14.93 %) $ 2.22 Current Price $ 17.09 What is Redwire? Unlike SpaceX, Redwire is far from a household name. The company got its start just six years ago when the private equity company AE Industrial Partners combined two of its holdings (Adcole Space and Deep Space Systems) into one entity. Performance has been choppy in the years following the stock's direct listing through a merger with a special purpose acquisition company (SPAC). That said, Redwire has recently started booming amid several important macroeconomic and company-specific tailwinds. For starters, Redwire is in a good position to capitalize on the growing push toward militarization and next-generation combat capabilities. This megatend arguably started with the Russian invasion of Ukraine in early 2022 and intensified with the ongoing U.S. war with Iran. Redwire serves this market through its defense tech segment, which focuses on delivering autonomous combat drones and various types of navigation and optical hardware to support surveillance and intelligence gathering. The company was able to quickly ramp up this business through the $925 million acquisition of Edge Autonomy, a UAV specialist with established relationships with the US Department of Defense and allied governments, which already use its Penguin drone for reconnaissance missions. Space infrastructure represents the other side of Redwire's business. Here, management plans to capitalize on the growing trend of government organizations like NASA outsourcing more of their hardware needs to commercial businesses rather than building everything in-house. The company's imaging and navigation technology was included in NASA's Orion spacecraft for the historic Artemis II mission, a crewed lunar flyby designed to research the moon. Business is booming Redwire's financial results look encouraging, with first-quarter revenue rising roughly 58% year over year to $97 million. This growth was mainly driven by the company's defense tech segment, which saw sales more than quadruple to $44.3 million. That said, $44.3 million is a relatively small number in the defense contracting world. And investors should expect this segment to continue growing at an elevated pace due to the highly militarized geopolitical environment. Image source: Getty Images. Redwire's bottom-line situation is a little more uncertain. Like many next-generation technology companies, it is struggling to demonstrate a clear pathway to profitability. Research and selling general and administrative expenses are soaring -- likely because of recent acquisitions, which bring in new, highly paid managers, engineers, and specialists. And the heavy outflows caused operating losses to rise almost fourfold to $69.7 million. When companies are unable to fund their operations with internal cash flow, they must turn to outside sources of capital, such as equity raises. On June 9, shares dipped sharply by over 15% after management announced plans to issue and sell $500 million in new stock to help fund operations. While equity dilution is often necessary for a company's growth and survival, it increases the number of shares outstanding, which reduces current investors' claims on future earnings. On the surface, Redwire has all the ingredients for a millionaire-maker stock. It's small (with a market cap of $4.26 billion) and is helping pioneer disruptive technology with major clients such as NASA and the Department of Defense. That said, Redwire's reliance on equity dilution brings risk and volatility. And investors may want to wait until it demonstrates a pathway to profitability before considering a position. |
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Redwire's Space Business Could Hide Surprising Long-Term Upside | FMP Stock News | |
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Redwire (RDW +14.90%) is turning into a broader aerospace and defense technology story, with exposure to drones, autonomous systems, space infrastructure, and secure communications. The upside is compelling, but the key question is whether management can turn backlog and defense expansion into sustainable earnings.*Stock prices used were the market prices of June 2, 2026. The video was published on June 10, 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. |
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2026-06-11 20:41
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2026-05-04 10:16
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Don't Overlook Garmin (GRMN) International Revenue Trends While Assessing the Stock | FMP Stock News | |
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Have you evaluated the performance of Garmin's (GRMN - Free Report) international operations for the quarter ending March 2026? Given the extensive global presence of this maker of personal navigation devices, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understanding a company's reliance on overseas markets has become increasingly crucial, as it offers insights into the company's sustainability of earnings, ability to tap into diverse economic cycles and overall growth potential. International market involvement serves as insurance against economic downturns at home and enables engagement with economies that are growing more quickly. Still, this move toward diversification is not without its challenges, as it involves navigating through the fluctuations of currencies, geopolitical threats, and the distinctive nature of various markets. While delving into GRMN's performance for the past quarter, we observed some fascinating trends in the revenue from its foreign segments that are commonly modeled and observed by analysts on Wall Street. The company's total revenue for the quarter amounted to $1.75 billion, showing rise of 14.2%. We will now explore the breakdown of GRMN's overseas revenue to assess the impact of its international operations. A Look into GRMN's International Revenue StreamsEMEA accounted for 37.5% of the company's total revenue during the quarter, translating to $656.84 million. Revenues from this region represented a surprise of +16.73%, with Wall Street analysts collectively expecting $562.7 million. When compared to the preceding quarter and the same quarter in the previous year, EMEA contributed $802.67 million (37.8%) and $568.95 million (37.1%) to the total revenue, respectively. During the quarter, APAC contributed $275.02 million in revenue, making up 15.7% of the total revenue. When compared to the consensus estimate of $247.33 million, this meant a surprise of +11.19%. Looking back, APAC contributed $287.72 million, or 13.5%, in the previous quarter, and $220.41 million, or 14.4%, in the same quarter of the previous year. Anticipated Revenues in Overseas MarketsWall Street analysts expect Garmin to report $1.95 billion in total revenue for the current fiscal quarter, indicating an increase of 7.7% from the year-ago quarter. EMEA and APAC are expected to contribute 36.1% (translating to $704.4 million), and 15.3% ($299.62 million) to the total revenue, respectively. For the full year, the company is projected to achieve a total revenue of $7.91 billion, which signifies a rise of 9.2% from the last year. The share of this revenue from various regions is expected to be: EMEA at 36.2% ($2.86 billion), and APAC at 15.1% ($1.2 billion). Concluding RemarksRelying on international markets for revenues, Garmin faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory. With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company's domestic market status, also impact these earnings forecasts. We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices. With an impressive externally audited track record, our proprietary stock rating tool - the Zacks Rank - harnesses the power of earnings estimate revisions and serves as an effective indicator of a stock's near-term price performance. Garmin, bearing a Zacks Rank #3 (Hold), is expected to mirror the broader market's movements in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Examining the Latest Trends in Garmin's Stock ValueThe stock has increased by 2% over the past month compared to the 10% increase of the Zacks S&P 500 composite. Meanwhile, the Zacks Computer and Technology sector, which includes Garmin,has increased 18.7% during this time frame. Over the past three months, the company's shares have experienced a gain of 19.8% relative to the S&P 500's 4.4% increase. Throughout this period, the sector overall has witnessed a 9.4% increase. |
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2026-06-11 20:41
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2026-05-04 10:46
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Garmin (GRMN) is a Top-Ranked Growth Stock: Should You Buy? | FMP Stock News | |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.93% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Garmin (GRMN - Free Report) Olathe, Kansas-based, Garmin, Ltd. is an original equipment manufacturer (OEM) of navigation and communication equipment that incorporate the global positioning system (GPS)-based technology. GRMN is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. GRMN has a Growth Style Score of B, forecasting year-over-year earnings growth of 10.5% for the current fiscal year. Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.26 to $9.46 per share. GRMN boasts an average earnings surprise of +10.3%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, GRMN should be on investors' short list. |
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2026-06-11 20:41
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2026-05-05 06:58
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Garmin redefines luxury home audio with revolutionary new Primacy® system from JL Audio® | FMP Stock News | |
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Unparalleled acoustic experience blends performance-driven sound with visual elegance, /PRNewswire/ -- Garmin (NYSE: GRMN) today unveiled JL Audio Primacy, a premium home audio system that offers extraordinary sound performance that's tuned exactly for each listener's space. Available with full-size T6 three-way tower loudspeakers or compact S3 two-way stand-mount loudspeakers, Primacy redefines high-end audio by combining the amplifier, signal processing and loudspeaker to deliver a speaker system that sounds just as remarkable as it looks—without clutter or complication. What's more, the system is controlled and enhanced with the CS centerpiece, an elegant yet powerful networked streamer, preamplifier and room optimization processor that, when combined with the loudspeakers, sets a new standard for sonic experience. Garmin has introduced JL Audio Primacy, a luxury home audio system that delivers high-performance sound tailored to the listener’s space, combining advanced technology with elegant design. "Primacy reflects our unwavering commitment to integrate modern lifestyles and technologies into luxury audio that's high performing, beautifully built and uniquely optimized for the space it's in. The ultimate audio experience, Primacy lets you listen to music, movies and games like you're there live, inside the scene, with amazing clarity of every sound." –Susan Lyman, Garmin Vice President of Consumer Sales and Marketing Performance-Driven Sound Active Design: Primacy loudspeakers replace traditional energy-draining passive components with fully active designs featuring precise DSP-based audio filtering. Each loudspeaker features multiple built-in amplifiers – one for each driver section – employing the most advanced switching technology from JL Audio. DSP filtering occurs at the input of each of the active amplifier channels for optimal control and damping over each moving diaphragm. Beautifully Crafted Alloy Enclosure: Each loudspeaker features a single cast, precision‑machined aluminum‑alloy enclosure with integrated internal bracing and woofer ports to deliver exceptional resonance control, structural integrity and acoustic performance. Primacy Automatic Room Optimization (P.A.R.O.): Audio signals are automatically adjusted to deliver an optimized listening experience to specific locations in the room based on the user's preference. High-Performance Triple-Core DSP: A digital signal processor, operating at 32-bit/192 kHz audio resolution, provides precise control over crossover filters, equalization, dynamics, delay and phase. Dante® Digital Network: Built-in professional, studio-grade audio/video networking technology, Dante is built into each Primacy loudspeaker and establishes a routing, control and audio connection that streams pristine digital audio directly to the Primacy loudspeakers' internal amplifiers. Video: Experience Luxury Audio with Primacy The Peak of Simplicity and Performance Primacy Centerpiece: Control and enhance a Primacy audio system with the luxury centerpiece stereo system controller that includes a source connection component, tabletop remote and options to stream audio via a connected device. The Primacy centerpiece offers an elegant design that blends into its surroundings, ensuring prime integration with its environment. When paired with a centerpiece, the system utilizes P.A.R.O. to precisely tune for the perfect tone. P.A.R.O. measures and optimizes the entire system – as well as any additional powered subwoofers – and automatically optimizes crossovers, levels, equalization and delay for each driver section to guarantee the best possible sound in any room. The centerpiece connects to the Primacy loudspeakers via Dante networking, preserving a high-resolution digital signal flow, and includes a wireless, Wi-Fi®-connected tabletop remote controller that features a weighted volume knob and touch buttons to select source, profile and more. Audio can be streamed from the listener's favorite online sources; Spotify Connect, Tidal Connect, Qobuz Connect, plus Roon Ready, Apple Airplay® and Google Cast are all supported by the centerpiece. Primacy App: For added convenience, audio and room optimization control can be done from the companion Primacy app. Plus, the app can also be used to create, store and name listening profiles optimized for different listening positions, equalization preference and activities. Premium Finishes: Primacy loudspeakers can be customized with a variety of beautiful finishes to complement the design of any room. JL Audio Primacy is available now. To learn more, please visit garmin.com. Engineered on the inside for life on the outside, Garmin and its audio brands – JL Audio and Fusion – are committed to developing and delivering world-class audio entertainment solutions, including high-performance stereos, speakers, amplifiers, subwoofers and other audio components for the marine, car, RV, powersports and home markets. For more information, visit the Garmin Newsroom, email our media team, connect with @garmin_audio on social or follow the Garmin blog. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Primacy and JL Audio are registered trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made, and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. MEDIA CONTACT: Carly Hysell and Connor Hoffman // 913-397-8200 // [email protected] SOURCE Garmin International, Inc. |
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2026-06-11 20:41
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2026-05-06 06:59
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Garmin receives Best Supplier of the Year Award for 11th straight year from Embraer | FMP Stock News | |
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Honor marks 18th top aerospace supplier award Embraer has presented to Garmin, /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it received a Best Supplier of the Year Award for the 11th consecutive year from Embraer during the annual Embraer Suppliers Conference (ESC), held April 14–15 in São José dos Campos, Brazil. Embraer recognized Garmin in the Electrical and Electronic Systems category, reinforcing Garmin's long-standing commitment to quality, innovation and customer support for its G3000® Prodigy Touch flight deck systems in the Phenom 100EV and Phenom 300E. Garmin receives Best Supplier of the Year Award for 11th straight year from Embraer "We are honored to once again be recognized by Embraer as Best Supplier of the Year. Earning this award for the 11th consecutive year is a testament to the dedication and expertise of the entire Garmin team, and to our shared commitment with Embraer to deliver innovative, reliable avionics solutions backed by industry‑leading support." –Carl Wolf, Garmin Vice President Aviation Sales, Marketing, Programs & Support The Embraer Best Suppliers Award recognizes an elite group of suppliers for outstanding performance, continuous improvement and contributions to customer satisfaction across Embraer's global commercial aviation, business aviation and defense markets. Garmin's recognition in the Electrical and Electronic Systems category validates Garmin's achievement in designing and manufacturing state-of-the-art flight deck systems while remaining responsive to market needs and preferences. Over the past 16 years, Embraer has presented Garmin with 18 top honors across various categories including Best of the Best; Electrical & Electronic Systems; Technical Support to Operators; Electro-Mechanical Systems; Material Support to Operator; and Services & Support. Garmin products and services have revolutionized flight and become essential to the lives of pilots and aircraft owners and operators around the world. A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate. Recipient of the prestigious Robert J. Collier Trophy for Garmin Autoland, Garmin developed the world's first certified autonomous system that activates during an emergency to control and land an aircraft without human intervention. Visit the Garmin Newsroom, email our media team, connect with @garminaviation on social, or follow our blog. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and G3000 are registered trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Media Contact: Mikayla Rudolph 913-397-8200 [email protected] SOURCE Garmin International, Inc. |
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2026-05-12 06:58
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Run further with Forerunner 70 and Forerunner 170 from Garmin | FMP Stock News | |
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Easy-to-use GPS running smartwatches are packed with features to help runners of all levels reach their goals, /PRNewswire/ -- Garmin (NYSE: GRMN) is helping runners take their training one step further with the introduction of Forerunner® 70 and Forerunner 170. These purpose-built running smartwatches are easy-to-use and loaded with features to kick-start a running journey or help dial in training. Both models boast vibrant 1.2-inch AMOLED displays, responsive touchscreens and a traditional 5-button design for extra ease of use. And runners can access everyday health features, advanced training tools, smart notifications and more—all without having to recharge their watch every night. The purpose-built Forerunner 70 and Forerunner 170 from Garmin are easy-to-use and loaded with features to kick-start a running journey or help dial in training. "Purposefully designed with everything a runner needs to start their running journey, Forerunner 70 and Forerunner 170 include premium running and training features pulled in from our more advanced Forerunners, plus popular health and wellness metrics. No matter the goal, these smartwatches are the perfect tools to help new and aspiring runners alike make every step count." —Susan Lyman, Garmin Vice President of Consumer Sales and Marketing Forerunner 70 Loaded with features for runners of all levels, Forerunner 70 is ready for every step of the journey. Train with the essentials, including built-in GPS, time, distance, pace and wrist-based heart rate1. New quick workouts simplify training by creating workout suggestions tailored to a runner's fitness level and require minimal input to set up: just desired time and intensity level. Train for an event, achieve a milestone or improve fitness with Garmin Coach training plans that adapt daily based on health and recovery metrics. In addition to popular plans for more intense training, Garmin Run Coach provides new plans with run/walk workouts and lower volume training. Receive daily suggested workouts – including new run/walk workouts – that adapt after every run to match performance and recovery. Dial in with advanced training features powered by the Garmin Human Performance Lab, including training readiness, training status, wrist-based running power and running dynamics. And tap into more than 80 built-in sports apps, including swimming, cycling, strength training and more to stay active in different ways. Monitor overall health and wellness 24/7 with advanced sleep tracking, sleep coach, breathing variations, heart rate variability (HRV) status, Pulse Ox, lifestyle logging and Health Status2. Stay connected with smart notifications, safety and tracking features, LiveTrack and more3. Forerunner 70 features up to 13 days of battery life in smartwatch mode and is offered in fun and popular colors like citron, soft pink, tidal blue, cool lavender, black and whitestone. Forerunner 170 Building upon Forerunner 70, Forerunner 170 adds on-the-go features like Garmin Pay™ contactless payments so runners can stop for a mid-run snack or water bottle and quickly pay from their wrist (with a supported bank and payment network). And for those who like to energize their runs by listening to their favorite playlists, Forerunner 170 Music lets users download songs, podcasts and more from popular third-party music services (subscription required) right to their watch to listen phone-free with wireless headphones. Both Forerunner 170 and Forerunner 170 Music get up to 10 days of battery life in smartwatch mode and are offered in black with a black/amp yellow band and whitestone with a whitestone/cloud blue band. Forerunner 170 Music also comes in vibrant colors like teal green with a teal green/citron band and red pink with a red pink/mango band. Available to purchase on garmin.com starting May 15, 2026, Forerunner 70 has a suggested retail price of $249.99, Forerunner 170 is $299.99 and Forerunner 170 Music is $349.99. Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garminrunning on social, or follow our blog. 1 Activity tracking accuracy 2 This is not a medical device and is not intended for use in the diagnosis or monitoring of any medical condition; see Garmin.com/ataccuracy. Breathing variations and Pulse Ox are not available in all countries. 3 When paired with a compatible smartphone; see Garmin.com/ble. For safety and tracking features requirements and limitations, see Garmin.com/safety. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and Forerunner are registered trademarks and Garmin Pay is a trademark of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. MEDIA CONTACTS: Stephanie Kelner and Natalie Miller 913-397-8200 [email protected] SOURCE Garmin International, Inc. |
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Garmin Brings Its Best Training Tools to Its Cheapest Running Watches | FMP Stock News | |
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Garmin Brings Its Best Training Tools to Its Cheapest Running WatchesThe new Forerunner 70 and 170 get advanced training tools, brighter screens and a $50 price hike. Vanessa is a lead writer at CNET, reviewing and writing about the latest smartwatches and fitness trackers. She joined the brand first as an on-camera reporter for CNET's Spanish-language site, then moved on to the English side to host and produce some of CNET's videos and YouTube series. When she's not testing out smartwatches or dropping phones, you can catch her on a hike or trail run with her family. Expertise Consumer Technology, Smart Home, Family, Apps, Wearables 3 min read Garmin's most affordable running watches are getting a serious upgrade. The newly announced Forerunner 70 and Forerunner 170 add smarter training tools, brighter AMOLED displays and deeper recovery insights previously reserved for Garmin's pricier watches -- though the improvements also come with higher starting prices. The Forerunner 70 starts at $250, while the Forerunner 170 starts at $300, replacing the older Forerunner 55, which launched at $200. Both watches are designed for newer runners or casual athletes looking to level up their training without jumping straight into Garmin's premium multi-sport lineup. Known for its dedicated sports watches across categories like running, cycling, golf and triathlons, Garmin has built a loyal following among athletes thanks to its training-focused software and battery life that often lasts for weeks rather than days. Garmin makes a sports watch for nearly every niche imaginable, but the entry-level Forerunner line has been one of Garmin's most popular gateways into the ecosystem because of its relatively accessible price. The base model Garmin Forerunner 70 now starts at $250 and comes in six different color options. Garmin/CNETWhat it measures, and what's new?Aside from running, both watches track more than 80 activities like cycling, swimming and strength training. Live metrics include heart rate, pace and distance, Body Battery (which measures energy levels throughout the day), stress tracking and breathing variations. They also have safety features like LiveTrack, which lets you share your location with others during a run. The biggest headliner, though, is the trickling down of more sophisticated training tools. Garmin is bringing several features previously reserved for higher-end models to its entry-level watches, including Training Readiness, Training Status, wrist-based running power and running dynamics metrics. Both watches now support Garmin Coach plans that adapt daily based on recovery and performance data. The updated system includes more beginner-friendly run/walk programs and lower-volume training plans designed to help newer runners gradually build endurance. A new Quick Workouts feature also simplifies training setup so you can choose a workout based on how much time you have, as well as your desired intensity level. Runners looking for more advanced tools like multi-band GPS will still need to step up to Garmin's pricier Forerunner models, like the 570 series, which runs roughly $200 more. Fit and designThe Forerunner 70 and 170 keep Garmin's familiar sporty aesthetic, with a lightweight plastic frame and five physical buttons. The Garmin Forerunner 170 (left) with a dual color band in green teal, and the Forerunner 70 (right) in cool lavender. Garmin/CNETThis year's models also get a screen bump: a brighter 1.2-inch AMOLED display with touchscreen support, along with new color options (ranging by mode) that now include teal, lilac, citron and soft pink variants. The screens still aren't quite as sharp or fluid as flagship smartwatches like the Apple Watch Series 11 or Samsung Galaxy Watch 8, but Garmin's interface prioritizes outdoor visibility, battery efficiency and tactile controls that are easier to use mid-run with sweaty fingers or gloves. One caveat: the plastic back casing has been known to cause skin irritation with prolonged wear, which is worth keeping in mind, considering some of its best features require 24/7 tracking. Watch this: Weeks of Battery: Why I'll Never Switch From Garmin | All Things Mobile 06:58 The biggest functional differences between the three models -- the Forerunner 70, the Forerunner 170 and 170 Music -- center on payments and media features. On top of everything in the Forerunner 70, the Forerunner 170 adds Garmin Pay support, while the slightly pricier Forerunner 170 Music also includes onboard music storage for phone-free playback of downloaded playlists, podcasts and audio from supported third-party services. The Forerunner 170 ($300) and Forerunner 170 Music ($350) come in four color options. Garmin/CNETBattery life Battery life remains one of Garmin's biggest advantages over traditional smartwatches and is another differentiator between the three Forerunner models. Garmin rates the Forerunner 70 for up to 13 days in smartwatch mode (where you raise the watch to wake), while the Forerunner 170 and 170 Music are rated for up to 10 days. Those figures are based on Garmin's own testing, so we'll need to spend more time with the watches to evaluate real-world endurance. Pricing and availability Available to purchase on garmin.com starting Friday, the Forerunner 70 starts at $250, the 170 costs $300 and the 170 Music costs $350. We'll be testing the new watches in the coming weeks, so stay tuned for a full review. VANESSA HAND ORELLANA Lead Writer Vanessa is a lead writer at CNET, reviewing and writing about the latest smartwatches and fitness trackers. She joined the brand first as an on-camera reporter for CNET's Spanish-language site, then moved on to the English side to host and produce some of CNET's videos and YouTube series. When she's not testing out smartwatches or dropping phones, you can catch her on a hike or trail run with her family. See full bio |
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GRMN Fairly Valued by DCF at $240 | FMP Stock News | |
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On May 13, 2026, we present a detailed DCF analysis for Garmin Ltd GRMN , a company that has shown a price performance of +20.2% over the past year, despite a recent dip of -9.4% over the last month. The current price stands at $236.97, and the market cap is approximately $45.7 billion.DCF Earnings-based intrinsic value of $165.20 vs current price of $236.97 (margin of safety: 1.1%) DCF FCF-based intrinsic value of $227.60 vs current price (second opinion: -4.1% margin of safety) GF Score™ of 99/100 indicates high reliability of the DCF inputs What Is GRMN Worth? DCF Earnings-Based Model The DCF earnings-based model for Garmin Ltd utilizes a two-stage approach to estimate the intrinsic value of the stock. In the first stage, we project earnings growth over the next ten years, followed by a terminal growth phase. The assumptions used in this model are as follows: Parameter Value Current EPS (TTM, excl. non-recurring) $9.03 10-Year Growth Rate 12.0% 10-Year Treasury Rate 4.33% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% In the growth phase (Years 1-10), we expect Garmin's EPS to grow at a rate of 12.0% per year, discounted at a rate of 11%. This results in a growth stage value of $94.93 per share. Following this, in the terminal phase (Years 11-20), we apply a terminal growth rate of 4%, discounted at the same rate, yielding a terminal stage value of $70.27 per share. Stage Description Value Growth Stage (Years 1-10) EPS growing at 12.0%, discounted at 11% $94.93 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $70.27 Intrinsic Value Growth + Terminal $165.20 Comparing the current price of $236.97 with the intrinsic value of $239.50 (as pre-calculated by GuruFocus), we find that Garmin is fairly valued with a margin of safety of 1.1%. It is important to note that GuruFocus utilizes EPS excluding non-recurring items, as research indicates that stock prices correlate more closely with earnings than with free cash flow. For more details, you can visit the GRMN DCF Calculator. What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based DCF model provides an alternative perspective on Garmin's intrinsic value, calculated at $227.60. When compared to the earnings-based intrinsic value of $165.20, the FCF model suggests a slightly different valuation, indicating that both models are in agreement that Garmin is fairly valued, albeit with a -4.1% margin of safety. How Does GF Value™ Compare to the DCF Models? The GF Value™ for Garmin Ltd is calculated at $228.87, providing a third perspective on the valuation. GF Value™ is GuruFocus' proprietary measure derived from historical trading multiples, past business growth, and future performance estimates. When we consider the three models (DCF earnings, DCF FCF, and GF Value™), they collectively suggest that Garmin is fairly valued. For further insights, visit the GF Value™ page. What Does GRMN's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been shown to generate higher long-term returns based on backtested data from 2006 to 2021. Garmin boasts a GF Score™ of 99/100, indicating strong fundamentals and growth potential. Below is a summary of Garmin's GF Score™ metrics: Metric Rating GF Score™ 99/100 Financial Strength 8/10 Profitability 10/10 Growth 10/10 Valuation 7/10 Momentum 10/10 With a predictability rank of 3/5 stars, this indicates that the DCF model is moderately reliable for Garmin. For more information, visit the GRMN stock page. Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to the assumptions regarding growth rates and discount rates. Stocks with low predictability ratings tend to produce less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not reflect future market conditions accurately. What This Means for Investors In synthesizing the three valuation models—DCF earnings, DCF FCF, and GF Value™—we find that Garmin Ltd is fairly valued at the current price of $236.97. This consensus suggests that while the stock is not undervalued, it is also not overvalued. For the full DCF analysis, visit the GRMN DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies. Frequently Asked Questions What is GRMN's intrinsic value based on DCF? According to our analysis, the earnings-based intrinsic value is $239.50, while the FCF-based intrinsic value is $227.60. Is GRMN overvalued or undervalued? Both the DCF and GF Value™ consensus indicate that GRMN is fairly valued at its current price. How reliable is the DCF model for GRMN? With a predictability rank of 3/5, the DCF model is considered moderately reliable for Garmin Ltd. 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]. |
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2026-06-11 20:41
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2026-05-27 06:58
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Garmin brings revolutionary SmartCharts to Garmin Pilot Web | FMP Stock News | |
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The dynamic, data-driven charts tailored to simplify terminal procedures can now be used for flight planning on a computer, /PRNewswire/ -- Garmin (NYSE: GRMN) today announced that SmartCharts, its dynamic aviation charting solution is now available for Garmin Pilot™ Web. SmartCharts provides pilots with a simplified and intuitive experience by producing clear and relevant data to depict a chart tailored for their specific flight operation. Now available on Garmin Pilot Web, Garmin's powerful flight planning website that complements the Garmin Pilot mobile app, SmartCharts serves as the primary charting tool and allows pilots to view simplified terminal procedures, including instrument approach procedures (IAP), departure procedures (DP) and standard terminal arrival routes (STAR). Integrated into the flight planning flow, SmartCharts allows pilots to seamlessly evaluate the impacts of weather and NOTAMs on each procedure and provides a straightforward presentation of the resultant adjustments to minima or equipment required before ever leaving the ground. Additionally, SmartCharts airport diagrams are available in the Garmin Pilot mobile app on iOS devices and will come to Garmin Pilot Web in the future. Garmin brings revolutionary SmartCharts to Garmin Pilot Web "SmartCharts have completely changed how pilots plan and brief instrument flights, and this capability now comes to Garmin Pilot Web. The decluttered terminal procedures allow pilots to focus on the most relevant and key information for their flight, ultimately helping to promote safety and situational awareness well in advance of stepping into the cockpit. Now, no matter how a pilot plans their flights, they can utilize our revolutionary SmartCharts." –Carl Wolf, Garmin Vice President Aviation Sales, Marketing, Programs & Support Data-driven flight planning SmartCharts uses digitized data from global sources to create a consistent, standardized and scalable charting solution. Garmin utilized that data to build the clearest possible picture of information needed to successfully fly charted procedures via a new charting user interface, which is now available in Garmin Pilot Web. This interface, coupled with the digital data, allows SmartCharts procedures to automatically adjust and scale as the pilot zooms and pans within the chart, similar to Garmin's data-driven maps across its entire product line. This data also allows SmartCharts to highlight details and notes that could be easily overlooked and lost on traditional charts, or may only be available in a briefing from disparate sources. Integrated into the flight planning flow in Garmin Pilot Web, these highlights include adjustments to minima – such as minima height adjustments due to NOTAMs, alternate minimums, etc. – to be automatically calculated, providing a clear picture of impacts and allowing formation of a strategic plan for the upcoming flight. The SmartCharts user interface is consistent across both Garmin Pilot Web and the mobile app, creating a seamless experience for pilots, regardless of which tool they choose to flight plan with. When using Garmin Pilot Web, the user has the ability to view charts in a split screen or a full screen, to take advantage of the additional screen real estate of the computer. Simplified information SmartCharts helps to optimize pilot workflow by providing only relevant data, important both in the cockpit and when flight planning. Users can make selections – such as aircraft type, arrival/departure/approach transition fix, runway, and more – to simplify the chart down to the information that they need to see, including information for their primary airport, or as they evaluate choosing a planned alternate. Starting with standard terminal arrival routes (STARs) and standard instrument departures (SIDs), the user selects their aircraft type, the route transition they are flying, and the runway of intended use. This reduces depicted information to only show the routing, fixes, and crossing restrictions pertinent to their expected procedure. Quick Access buttons also reveal pertinent procedure details like briefing information, communications frequencies, graphical missed approach icons, and more so pilots can easily find and decipher needed information as they build their preflight picture. When viewing an approach procedure, approach minima are updated and presented to the pilot via easy selection buttons for aircraft category, approach type (e.g. ILS, LOC, LPV, LNAV, etc.) and other adjustments like local or other altimeter settings, inoperative airport lighting, flight director or HUD use, and more. Those selections then present only one minima number to reference, allowing for easy evaluation of go/no-go decisions or the need for further contingency planning. The popular Approach Vertical Profile View is also available in SmartCharts on Garmin Pilot Web. Pilots can enhance the planning process by seeing terrain and obstacles below their approach path to the runway without ever leaving the ground. SmartCharts can be accessed via the Airports and Flights tabs, similar to Garmin Pilot mobile. Garmin Pilot Web was launched in 2025 to ensure Garmin Pilot users could use the popular flight planning tool on any device, including their computer. Flights planned on Garmin Pilot Web sync to mobile devices for seamless planning and flying. For users that prefer to plan their flights on a computer, adding SmartCharts to Garmin Pilot Web gives them the most consistent experience so they can plan with SmartCharts on their computer and fly with SmartCharts on their iOS mobile device. SmartCharts are available on Garmin Pilot Web and the Garmin Pilot mobile app with a Premium subscription in the United States and the Bahamas at launch. For pilots looking to try out SmartCharts and Garmin Pilot for the first time, they can take advantage of the 15 for 12 promotion, available at Garmin.com/AviationPromotions. To learn more, including how to use SmartCharts from chock-to-chock during operation, visit Garmin.com/SmartCharts. Garmin products and services have revolutionized flight and become essential to the lives of pilots and aircraft owners and operators around the world. A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate. Recipient of the prestigious Robert J. Collier Trophy for Garmin Autoland, Garmin developed the world's first certified autonomous system that activates during an emergency to control and land an aircraft without human intervention. Visit the Garmin Newsroom, email our media team, connect with @garminaviation on social, or follow our blog. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark and Garmin Pilot is a trademark of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Media Contact: Mikayla Rudolph 913-397-8200 [email protected] SOURCE Garmin International, Inc. |
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2026-06-11 20:41
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2026-05-27 06:59
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Never miss a word on the water with Garmin Signal VHF marine radios | FMP Stock News | |
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Modern compact VHF radios bring built-in AIS, advanced noise cancellation and cutting-edge 3.5-inch color touchscreens, /PRNewswire/ -- Garmin (NYSE: GRMN), the world's largest marine electronics manufacturer1, today announced the Garmin Signal™ VHF 400 and VHF 220 all-in-one marine radios designed to help boaters stay connected and aware of their surroundings on the water. Boasting a revolutionary sleek design, the Garmin Signal VHF radios take up minimal space at the helm and feature an industry-first 3.5-inch color touchscreen with edge-to-edge glass. The premium Garmin Signal VHF 400 enhances situational awareness by offering an integrated Class B AIS (Automatic Identification System) transponder2, which transmits vessel name, position, course and speed to nearby AIS-equipped vessels. All-in-one marine radios help boaters stay connected and aware of their surroundings on the water. "When performance and reliability are of utmost importance, the new Garmin Signal VHF radios provide mariners with peace of mind on the water. With a compact, yet modern design, the all-in-one radios offer advanced software features to enable reliable offshore communication when boaters need it most." –Susan Lyman, Garmin Vice President of Global Consumer Sales & Marketing World class performance Leveraging Garmin's most forward-thinking radio technology into one of the world's smallest all-in-one marine radios, the Garmin Signal VHF series provides reliability on the water: Communicate clearly: Remove unnecessary radio noise with automated squelch and adaptive noise cancellation, which automatically works to tune out background noise, for superior VHF audio clarity when transmitting or receiving voice communication. VHF playback: Automatically record up to three minutes of audio transmission from any active channel. The radio can record three different channels simultaneously. Advanced watch modes also allow captains to listen to six channels at the same time for VHF activity. Boat-to-boat calling: Transmit a distress signal to nearby vessels with the distress button which uses Class D DSC (Digital Selective Calling) to automatically send crucial information that can help emergency responders. Effortlessly make a DSC call to nearby vessels from the AIS plotter screen. Fist mic: Hear audio over engine, wave and wind noise with the included fist mic that features a loud built-in speaker (95 dBA at 0.5 meters), adaptive background noise cancellation and can be mounted in an optimal position, even away from the head unit. Simple installation: With the Garmin Signal VHF 400, transmit and receive VHF/DSC/AIS communication from a single VHF antenna2. Includes integrated GPS antenna/receiver, built-in advanced diagnostics tools and support for 12 and 24 V electrical systems. Radio control away from the helm Control a Garmin Signal VHF 400 or VHF 220 with the new Garmin Signal RM 100 remote station. The premium fixed-mount head unit allows mariners to connect via the Garmin Marine Network and control radio functions from a secondary helm or flybridge. The intercom feature enables communication between remote station and networked head units. Boasting a modern, edge-to-edge glass design and 3.5-inch color display, this remote station includes a fist mic to match the look of Garmin Signal VHF marine radios and compliments the helm on any vessel. Superior system integration and connectivity The Garmin Signal VHF radios integrate seamlessly with Garmin chartplotters via the NMEA 2000® network, Garmin Marine Network 1.0 and Garmin BlueNet™. They also support connection to a compatible loudhailer for onboard announcements, an external speaker connection for VHF audio at a second location and NMEA 2000 for AIS, DSC, GPS and external heading sensor data. Captains can configure the radio, program the MMSI (Maritime Mobile Service Identity) number and get over-the-air software updates with the ActiveCaptain® smartphone app with built-in Wi-Fi® connectivity. The Garmin Signal VHF 220 marine radio has a suggested retail price of $999.99, while the Garmin Signal RM 100 has a suggested retail price of $699.99. Both devices will be available for purchase on Garmin.com beginning June 1, 2026. The Garmin Signal VHF 400 has a suggested retail price of $1,499.99 and will be available on a later date. To learn more, visit garmin.com/marine. Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most innovative, highest quality, and easiest to use marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For the 11th consecutive year, Garmin was named the Manufacturer of the Year by the National Marine Electronics Association (NMEA). Visit the Garmin Newsroom, email our media team, connect with @garminmarine on social, or follow our blog. 1Based on 2025 sales. 2The Garmin Signal VHF 220 is AIS receive only. About Garmin: Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan, and the United Kingdom. Garmin, NMEA 2000, GPSMAP and ActiveCaptain are registered trademarks, and Signal and ECHOMAP are trademarks of Garmin Ltd., or its subsidiaries. Wi-Fi is a registered trademark of the Wi-Fi Alliance. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. The Garmin Signal VHF 400 has not been authorized as required by the rules of the Federal Communications Commission. This device is not, and may not be, offered for sale or lease, or sold or leased, until authorization is obtained. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. MEDIA CONTACTS: Mike Cummings and Carly Hysell 913-397-8200 [email protected] SOURCE Garmin International, Inc. |
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2026-06-11 20:41
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2026-05-27 12:41
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TKR or GRMN: Which Is the Better Value Stock Right Now? | FMP Stock News | |
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Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Timken (TKR) and Garmin (GRMN). But which of these two stocks is more attractive to value investors? |
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2026-06-11 20:41
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2026-05-29 12:32
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Why Is Garmin (GRMN) Down 5.9% Since Last Earnings Report? | FMP Stock News | |
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It has been about a month since the last earnings report for Garmin (GRMN - Free Report) . Shares have lost about 5.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Garmin due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Garmin Ltd. before we dive into how investors and analysts have reacted as of late. Garmin's Q1 Earnings Beat Estimates, Revenues Increase Y/YGarmin Ltd. reported first-quarter 2026 pro forma earnings of $2.08 per share, beating the Zacks Consensus Estimate by 13%. The bottom line improved 29% on a year-over-year basis. Net sales were $1.75 billion, which surpassed the Zacks Consensus Estimate by 1.8%. The figure increased 14% from the year-ago quarter. Garmin’s Segmental DetailsOutdoor (23.8% of Net Sales): The segment generated sales of $417.5 million in the reported quarter, which declined 4.8% year over year, primarily due to tough comparison against the prior-year launch of the Instinct 3 smartwatch family. Operating income was $119 million, with a 28% operating margin. Fitness (31.2%): The segment recorded sales of $546.8 million, reflecting a 42.1% year-over-year increase, led by strong demand for advanced wearables. Operating income was $158 million, with a 29% operating margin. Aviation (15.1%): The segment achieved sales of $263.8 million, up 18.3% year over year, driven by growth in both OEM and aftermarket categories. Operating income came in at $71 million, with a 27% margin. Marine (20.2%): Garmin posted sales of $355 million, up 11.2% year over year, as Garmin expanded its portfolio with a new 360-degree scanning sonar system and the quatix 8 Pro nautical smartwatch with inReach technology. Operating income was $91 million, resulting in a 26% margin. Auto OEM (9.7%): Sales reached $170.3 million, up 0.6% year over year, driven by infotainment programs. The segment reported an operating loss of $6 million. Garmin’s Operating ResultsIn the first quarter of 2026, Garmin’s gross margin was 59.4%, expanding 180 basis points year over year. Operating expenses of $611 million increased 11% from the prior-year quarter. Operating income rose to $432 million, up 30% year over year, with operating margin expanding 290 basis points to 24.6%. Balance Sheet & Cash Flow of GRMNAs of March 28, 2026, Garmin held $4.3 billion in cash and marketable securities, up from $4.1 billion in the previous quarter. Operating cash flow for the first quarter of 2026 was $536 million, and free cash flow was $469 million. The company paid a quarterly dividend of $174 million and repurchased $40 million in shares during the quarter. Garmin Maintains Guidance for 2026Garmin expects full-year 2026 revenues to be $7.9 billion, indicating continued growth momentum. The company projects pro forma EPS of $9.35. How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended upward during the past month. VGM ScoresAt this time, Garmin has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. However, the stock has a grade of D on the value side, putting it in the bottom 40% 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 upward for the stock, and the magnitude of these revisions has been net zero. Notably, Garmin has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. |
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2026-06-11 20:41
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2026-06-03 07:01
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Garmin releases global running and cycling data reports | FMP Stock News | |
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Data shows how athletes logged activities on two legs and two wheels, /PRNewswire/ -- Garmin (NYSE: GRMN) is celebrating both global running day and global cycling day with the release of its running and cycling data reports, highlighting how athletes around the world are recording runs and rides. Whether taking to the trails, roads, mountainsides or their home gyms, the Garmin Connect™ community proved running and cycling activities remain popular globally. Here are some key takeaways from the past year: Garmin's running and cycling data reports highlight how athletes around the world are recording runs and rides. Running data Garmin runners recorded nearly 13% more indoor and 3% more outdoor running activities. There was also a 23% increase in users who recorded a run and a strength activity in the same week. The average distance ran was 4.82 miles with those aged 50-59 running slightly more per activity on average at 5.1 miles. The average pace per mile was 9:21 for men and 10:11 for women. Runners in Ireland logged the fastest average mile (9:09) followed by those in Portugal and then Italy. Runners logged the most miles in August and typically ran the farthest on Saturdays. The half marathon training plan was the most popular distance trained for using Garmin Coach. The average VO2 max for all Garmin runners was 50 and the average sleep score was 73. Cycling data The average bike ride per user was 28.59 miles with cyclists in Italy recording the highest average miles per ride (34.73), followed by those in Belgium and then Spain. Garmin cyclists spent about 115 minutes on average on each ride. They also recorded most of their rides on Sundays and the most popular month of the year for all rides was August. Garmin cyclists rode an average speed of 14.89 miles per hour (mph) and climbed an average 1,158 feet per ride. The average VO2 max for all Garmin cyclists was 51. Data also indicates that the more miles cyclists recorded each week, the higher their VO2 max was. Click here to read the entire running data report and here to read the cycling data report. What athletes love about Garmin "Living in Seattle, I rely heavily on indoor track training, and the indoor track activity on my Garmin Forerunner® 970 allows me to maintain the same level of pacing precision I expect from GPS outdoors. The consistency my smartwatch provides is critical for getting the most out of every session—no matter where I'm running." —Isaiah Harris, Garmin-sponsored 800m runner "My Edge 850 is a non-negotiable for every training ride. Lately, I have been exploring new ride areas and trails. It's so important for me to reduce my pause time while training, so I have a screen set on my Edge with a large view of navigation with a couple ride stats, including my ride time and power. Since the navigation on the Edge is so easy to use and read while riding, I can stay on top of my specific training plan and ride like a local in new places. The entire ecosystem on Garmin Connect makes it easy to view my training stats, sleep, and recovery all in one place. One feature I really appreciate is the Altitude Acclimation, which allows me to track my elevation and performance improvements throughout my altitude training. Since I am tracking my training load on my Edge and sleep with my Index™ Sleep Monitor1, I can optimally observe how I balance my training and recovery while at altitude. Every detail counts!" —Haley Batten, Garmin-sponsored mountain biker Ready for every run or ride From casually running and cycling with friends to preparing for their next big race, athletes can count on Garmin products to help them train smarter and go farther. The latest smartwatches – including Forerunner 70, Forerunner 170, Forerunner 570, Forerunner 970, fēnix® 8 Pro and Venu® 4 – are packed with popular health and fitness features to help runners and cyclists of all abilities achieve their goals. Garmin's cycling collection includes Edge GPS cycling computers with bike-specific mapping and advanced training features, as well as Rally™ pedal-based power meters, Varia™ smart lights and rearview radars that warn of approaching cars and Tacx® indoor smart trainers to help cyclists train smarter year-round. Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garmin on social, or follow our blog. 1 Activity tracking accuracy. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Edge, Forerunner, fēnix and Venu are registered trademarks and Garmin Connect, Index, Rally and Varia are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. MEDIA CONTACTS: Stephanie Kelner and Adrieanna Norse / 913-397-8200 / [email protected] SOURCE Garmin International, Inc. |
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